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1  Economy / Games and rounds / Bitcasino.io 💜 — BTC Predictor May 🚀 Grab a slice of 9 mBTC 🍕🍕🍕 on: May 02, 2022, 07:39:22 AM


Hey BTC fans Cool

Guess the BTC price of Bitcoin Pizza Day = May 22 @ 12:00 GMT
3 slices of 9 mBTC pizza are waiting for you!

How to grab your slice:

1. PREDICT the BTC price for May 22
2. WRITE it in the thread in EUR
3. ADD your Bitcasino username


What to keep in mind:

* You can make up to 2 predictions: 1st = May 2–10; 2nd = May 11–18 (23:59 GMT).
* You need to have at least 50 posts on Bitcointalk.
* 3 winners will be decided based on the Bitcoin opening price listed at Bitstamp on May 22 @ 12:00 GMT.
* 3 closest predictors will get 3 mBTC.
* The winning amount has 1X wagering requirement.
* We collect all the predictions and posts that are edited after will be disqualified. Play fair.
 
 
NB! Check also our special Bitcoin Pizza Day Predictor promotion on our site.
A 250 mBTC prize pool is waiting for TOP 10 predictions Cool



>>> Our Bitcointalk thread <<<


Let’s go!

Cheers Wink
Karl
Bitcasino.io
2  Economy / Games and rounds / Bitcasino.io Daily Easter Goodies & a 10K USDT raffle on: April 14, 2022, 12:35:43 PM


Here's your chance to win daily Easter Goodies & a 10K USDT raffle.

What do you need to do?

- Play your favourite games at Bitcasino between April 14 and 17, 2022.
- Earn a raffle ticket by wagering 5 mBTC(or currency equivalent) on selected games.
- You’ll see an Easter egg appear at the bottom of your screen.
- Click on it and claim your ticket.

What do you need to know?


The raffle will take place on April 20, 2022 at 11:00 GMT.

1st place - 1000 USDT
2nd to 4th place - 500 USDT each
5th to 10th place - 250 USDT each
11th to 20th place - 100 USDT each

#HappyEaster and keep playing!

Cheers,
Karl
Bitcasino.io
3  Economy / Games and rounds / Bitcasino.io 💜 — BTC Predictor April 🚀 Take a guess & WIN 🎯 on: April 04, 2022, 11:21:50 AM


BTC experts and fans,

Here's your next chance to PREDICT & WIN Cool

What will the Bitcoin price be on April 28?
Take a guess and win a share of 9 mBTC!

What do you need to do:

1. PREDICT the BTC price for April 28
2. WRITE it in the thread in EUR
3. ADD your Bitcasino username


What do you need to know:

* You can make up to 2 predictions: 1st = April 4-12; 2nd = April 13-21 (23:59 GMT).
* You need to have at least 50 posts on Bitcointalk.
* 3 winners will be decided based on the Bitcoin opening price listed at Bitstamp on April 28 @ 10:00 GMT.
* 3 closest predictors will get 3 mBTC.
* The winning amount has 1X wagering requirement.
* We collect all the predictions and posts that are edited after will be disqualified. Play fair.
 
 
NB! Check also Bitcoin Predictor promotion on our site.
The prize pool of 250 mBTC will be shared between TOP 10 predictions Cool
 
 

 
Our Bitcointalk thread
 

Cheers Wink
Karl
Bitcasino.io
 

4  Economy / Games and rounds / Bitcasino.io 💜 — BTC Predictor March ↕️ Take a guess & WIN 🎯 on: March 03, 2022, 08:56:49 AM

 
Hello BTC fans Smiley
 
What will be the price of Bitcoin on March 28?
Predict it and grab a share of 9 mBTC!

How to participate:
 
1. Predict the BTC price for March 28
2. Post it on the thread in EUR
3. Add your Bitcasino username
 
Things to know:
 
* You can make up to 2 predictions: 1st = March 3-11; 2nd = March 12-21 (23:59 GMT).
* You need to have at least 50 posts on Bitcointalk.
* 3 winners will be decided based on the Bitcoin opening price listed at Bitstamp on March 28 @ 10:00 GMT.
* 3 closest predictors will get 3 mBTC.
* The winning amount has 1X wagering requirement.
* We collect all the predictions and posts that are edited after will be disqualified. Play fair.
 
 
NB! Particiate in the Bitcoin Predictor promotion also on our site.
The prize pool of 500 mBTC is waiting for TOP 10 predictions Cool
 
 

 
Our Bitcointalk thread
 
Happy guessing Wink
Karl
Bitcasino.io
 
5  Economy / Gambling discussion / What are the most important features of an online crypto casino? on: January 21, 2022, 10:39:03 AM
Hey guys,

I have created this poll to see what your ideas are in this.
So what do you say, what are the most important features for you in an online crypto casino?

Please choose five, and if you think of something else I haven't covered, please let me know.

Thanks,
Karl
Bitcasino.io


6  Other / Beginners & Help / 10 interesting facts about cryptocurrencies on: January 20, 2022, 10:57:08 AM
Hello crypto fans,

With cryptocurrencies slowly dominating the mainstream market, more people are getting intrigued and encouraged to join the digital asset craze.
However, this novel technology remains a mystery to a lot of people.
Some are still finding out how digital assets work, while others are still learning if the speculations on crypto are true or not.

To help you get started, here's a compiled list of fun facts about cryptocurrencies.

Fun fact # 1: The creator of Bitcoin is still unknown

Ever since the Bitcoin whitepaper was launched in 2009, its creator—the pseudonymous Satoshi Nakamoto—remains anonymous up to this day. Although Bitcoin is now the most popular and has the biggest market capitalization in the crypto sphere, Nakamoto still refuses to reveal their identity and claim their ownership of the code. They abruptly vanished in 2011, two years after Bitcoin was released to the public.

Fun fact # 2: Cryptocurrency is great for gambling

Gambling is risky, especially if you're from a country where it's considered illegal. You can’t enjoy placing bets and winning payouts without getting scared that you might get caught, putting your identity and personal information at risk.

Luckily, gambling with cryptocurrencies like Bitcoin, Monero and Litecoin provides top-notch security and faster transactions. With blockchain payments, you are not obliged to provide information such as your name, birth date or bank account details.

Fun fact # 3: A man wanted to dig a landfill to recover his digital wallet

In 2013, a man named James Howells threw out his hard drive containing 7,500 bitcoins which is now worth US$381,490,449.62. Howells started to mine Bitcoins for four years when cryptocurrency was still in its early years. They didn’t amount to much, so he decided to just throw away the drive, not knowing that he unsuccessfully backed up important files.

When the price of Bitcoin shot up in years, he realised how much he had lost and wanted to recover the lost bitcoins. He offered the city council a whopping amount of US$70,000,000 to excavate a landfill so he could recover his digital wallet.

Unfortunately, they rejected his offer because the excavation would have a serious impact on the environment. It would cost so much and the possibility of finding the drive again is almost non-existent, according to the Newport City Council spokeswoman.

Fun fact # 4: Dogecoin started as a parody

In 2013, IBM and Adobe software engineers Billy Markus and Jackson Palmer developed Dogecoin to ridicule the growing hype around cryptocurrencies. They built the token around the surprised face of the Shiba Inu dog, creating a fun and friendly internet currency.

Although it all began as a parody, Palmer had a deeper reason why he wanted to release Dogecoin to the market. He aimed to differentiate it from Bitcoin, which became too mysterious that it prompted distrust among the public. With Dogecoin, he wanted to make a digital currency that would be accessible, user-friendly and community-centred.

Fun fact # 5: The first crypto transaction started with a pizza order

Who would have thought that the first commercial transaction of this novel technology would start with two Papa John’s pizzas? On May 22, 2010, Laszlo Hanyecz traded 10,000 BTC which was worth about US$41 at that time to order some pizza pies. Since Bitcoin was just newly coded and nobody took it seriously, it was hard to imagine that its price would skyrocket to thousands of dollars.

Today, this story has become one of the most popular Bitcoin stories. In fact, this event is commemorated every May 22 which is popularly known as Bitcoin Pizza Day.

Fun fact # 6: There are more than 7,000 cryptocurrencies

Since cryptocurrencies are gaining traction over the years, more tokens are popping left and right. As of now, there are more than 7,000 cryptocurrencies in the market that can be traded and mined. They are also known as altcoins which is any type of cryptocurrency aside from Bitcoin.

Although some altcoins aren’t worth that much when compared to Bitcoin, most of them can be considered as an investment prospect. This includes Ethereum, an open-source blockchain that allows users to interact with decentralised applications (dApps), as well as purchase AI services through its native marketplace.

Fun fact # 7: Cryptocurrencies are banned in some countries

Although cryptocurrencies have better advantages over fiat, some countries consider them illegal. They have completely locked their doors on the possibility of including digital assets in their payment systems and laws. Many still believe that these digital coins and tokens can be used to fund terrorism, money laundering and other related crimes.

Fun fact # 8: Bitcoin is limited

There are only a total of 21,000,000 bitcoins that can be generated. Once all the coins have been mined, there will be no more coins allowed to enter the circulation. As of the moment, 90% has already been mined, and adding more coins into the system is only possible if its code is changed.
It is expected that the last Bitcoin will be mined in 2140. Although there will be no more bitcoins once they are all generated, fees will become the main source of profit and transaction blocks can still be confirmed.

Fun fact # 9: Elon Musk is an influential figure in the crypto world

Known to be the founder and the CEO of Tesla and SpaceX, Elon Musk is one of the most influential figures when it comes to cryptocurrencies. He has made a lot of buzz for contributing to huge swings in crypto prices in the past years, including Bitcoin and Dogecoin.

Every time he tweets about crypto or talks about it in interviews, the crypto environment would be influenced. This is especially true when he announced that Tesla would make Bitcoin an official form of payment when purchasing cars, increasing the price of Bitcoin up to more than US$43,000, recording a 10% surge.

Fun fact # 10: They can be taxable

If you think cryptocurrencies cannot be taxed due to their decentralised nature, think again. Since they have now entered the mainstream scene, central authorities are finding a way to tax crypto investors around the world. Once you get your profits out of crypto trading, you are expected to pay your due taxes, depending on your country’s laws.
So, if you’re interested in crypto investing, always check your country’s financial regulations to avoid potential issues.


Thanks for reading. How many of them you didn't know?

Regards,
Karl from Bitcasino
7  Economy / Games and rounds / Bitcasino.io 💜 — 🍁 November BTC Predictor 🍁 Grab a share of 6 mBTC 🍁 on: November 03, 2021, 10:16:33 AM


Hey, guys Smiley

Will the Bitcoin price drop or rise Huh What do you think?

Make your predictions and win a share of 6 mBTC!

How to get your share:

1. Predict the BTC price for November 28
2. Post it on the thread in EUR
3. Add your Bitcasino username

Things to know:

* You can make up to 2 predictions: 1st = November 3-11; 2nd = November 12-21 (23:59 GMT).
* You need to have at least 50 posts on Bitcointalk.
* 3 winners will be decided based on the Bitcoin opening price listed at Bitstamp on November 28 @ 10:00 GMT.
* 3 closest predictors will get 2 mBTC.
* The winning amount has 1X wagering requirement.
* We collect all the predictions and posts that are edited after will be disqualified. Play fair.


NB! Particiate in the Bitcoin Predictor promotion also on our site.
Prize pool of 300 mBTC is waiting for TOP 10 predictions Cool




Our Bitcointalk thread

Happy guessing Wink
Karl
Bitcasino.io



8  Economy / Games and rounds / Pizza.io is back with a new concept! on: November 01, 2021, 09:29:55 AM
Hey everybody,

Back in May, we launched Pizza.io for the first time.
The concept was to share the most interesting purchases that people made with Bitcoin.
It was so much fun that we’ve decided to bring the website back to life, but this time, with a new delicious twist.

Check out Pizza.io and participate in our monthly Pizza Prediction competition.

Predict how many pizzas can be bought with 1 Bitcoin on the 26th day of that month.
If your guess is amongst the 5 closest guesses, then you get the chance to win.


The Prizes: To give or not to give

You have the opportunity to either give a donation to an identified charity or to get free spins to use on the Bitcasino website.

Here are the details:

* Win a donation

What would you say if WE gave you money to donate?
Together with Pizza.io, we thought it would be a great idea to collaborate with a charity organisation called Cauvery Calling.

With crypto mining becoming part of the environmental conservation conversation due to energy use that may
affect global warming, supporting Cauvery Calling fits well because their main focus is to revitalize India’s rivers
by helping farmers to plant trees. Tree planting will help to replenish organic content in the soil,
increase water retention in the Cauvery basin by around 40% and help to fight climate change.

* Win free spins

Don’t feel like donating? No problem Smiley
Bitcasino.io has prepared some tempting free spin offers for our winners.
This will be your chance to experience Bitcasino's best slot games.


So what do you say? Can these offers be topped?
If we caught your attention, join the Pizza Prediction competition and become the ultimate pizza winner!

Check it out: Pizza.io

Cheers,
Karl
Bitcasino.io
9  Other / Beginners & Help / What Are the Best Crypto Wallets For 2022 and Beyond? on: October 21, 2021, 08:25:39 AM
Hello crypto buddies,

The crypto market is expected to hit USD 2.2 billion by 2026, with the global demand for digital currency higher than ever. In the wake of what’s to come, savvy investors, Fortune 500 companies and beginners alike are all finding new and exciting ways to invest, trade and store the widest range of digital assets.

And, just as all physical assets are stored to accumulate value over time, so too does your digital portfolio need a secure and multifunctional wallet to keep your cryptocurrency safe.

Below, you’ll find our pick for the top five crypto wallets.

What are the Best Crypto Wallets for 2022

Ledger Nano S

Starting with cold wallets, at US$59 (or around €50), the Ledger Nano S comes in at half the cost of the recently launched Ledger Nano X and, with a host of essential features, is a top choice for new to interim traders/investors.

Released back in 2016, the Ledger Nano S is one of the most trusted hardware wallets on the market today. With encrypted security protocols and a sleek and stylish design, the Ledger Nano S supports over 1000 different cryptocurrencies and Altcoins.

The Ledger Nano S is able to seamlessly integrate with a host of leading cryptocurrency exchange apps. This speeds up manual approval, allowing transfers and transactions to go off from your wallet in real-time.

While the next generation Ledger Nano X has more features and a higher resolution screen, the original Ledger Nano S is just as effective as it ever was, while coming in at a much more affordable price tag.

Some of the Top Features of the Ledger Nano S crypto wallet include:

* Lock tight Storage: The Ledger Nano S stores your cryptocurrency in an isolated environment, with a unique pin code. This greatly limits the chance of any personal or account-related information being compromised.

* Backup Seed: A built-in backup seed (or phrase) ensures that your account is always safe. This 24-word phrase will store all the information needed to recover your account information in case of loss or damage.

* Display Features: A built-in display allows you to check and confirm incoming and outgoing transactions straight from your device

* Multiple Cryptocurrencies: The Ledger Nano S is able to store around 107 cryptocurrencies and more than 1000 different tokens, stable coins and altcoins, including, Bitcoin (BTC), Tether (USDT), Dogecoin (DOGE), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), Cardano (ADA), Tron (TRX), Dash (DASH), Neo (NEO), and many more.

Trezor Model T
The Trezor Model T is the next generation for top-end cryptocurrency storage. With cutting-edge security and a host of built-in features, the Trezor Model T is a go-to cryptocurrency wallet for interim and advanced crypto traders and investors alike.

The wallet is able to hold over 1600 different crypto assets, storing and securing its user’s private keys straight from the device itself. Well built, and stylish, the device is known for its high storage capacity,  touchscreen navigation and ease of use. The Trezor Model T retails for around US$170 (or €144).

Some of the top features of the Trezor Model T crypto wallet include:

* Encrypted Key Storage: The Trezor Model T carries cutting edge security protocols, where a set of digital keys grant users access to their account and transactional data. These keys are stored safely and never leave the device, ensuring the wallet is backed up to the fullest.

* Touchscreen capability: An easy-to-navigate, intuitive touchscreen is able to speed up and streamline verification and approval of all cryptocurrency transactions.

* Password Manager: The Trezor Model T password manager ensures that each accounts’ passwords are individually locked. Once a user has physically confirmed their identity and given permission, these passwords are then unlocked one by one.

* Cryptocurrency storage: This wallet has the ability to store over 1600 crypto assets, including

Bitcoin (BTC), Ripple (XRP), Bitcoin Cash (BCH), EOS, Litecoin (LTC), Tether (USDT), Tron (TRX), and many more.

KeepKey

Developed in 2016 by the global trading platform Shapeshift, the KeepKey is one of the most trusted cryptocurrency wallets in circulation, delivering robust and multifunctional offline storage for a wide range of digital assets.

Perfect for beginners and advanced users alike, the wallets’ stylish, minimalist design has a built-in display screen for easier navigation, while its integration with Shapeshift allows users to exchange a host of different cryptocurrencies directly from the wallet itself. KeepKey also retails at a reasonable $US49.00 (or €41).

Some of the top features of the KeepKey crypto wallet include:

* Multiple Supported Cryptocurrencies: The KeepKey wallet supports the storage and exchange of various cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), Bitcoin Gold (BTG), Dogecoin (DOGE), Litecoin (LTC) and more.

* Integration with Shapeshift: As mentioned, the KeepKey wallet is also directly integrated with the Shapeshift exchange platform. This means that a multitude of different cryptocurrencies can be exchanged directly from the wallet itself.

* Backup and Recovery: The wallet generates a 12-word recovery sentence that you can use if you ever need to retrieve your private keys. This ensures your digital assets stay safe in the event of loss or breakage.

* User Navigation: The KeepKey scores high in terms of its user-friendliness, and its large display screen and sleek design are easy to get the hang of in the shortest possible time.

From cold to hot, here are two of the best online (digital) wallets making moves in 2021.

Exodus

Exodus is at the top of many people’s list of crypto wallets, compatible with both desktop and mobile. Its straightforward interface allows for easy set-up and platform navigation. The Exodus wallet comes with a built-in exchange platform and is currently able to store around 100 or so different cryptocurrencies.

One potential drawback is that the wallet's source code is not open to the public. This means that a fair amount of trust must be placed on the Exodus team to ensure a user's account remains safely guarded at all times. The platform is entirely free to use and registering an account is simple.

Some of the top features of the Exodus wallet include:


* Supported Cryptocurrencies: The Exodus Wallet can store around 100 different cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Tron (TRX), Bitcoin Cash (BCH), EOS (EOS), Ripple (XRP), and more.

* Live Portfolio Tracking: The Exodus Wallet comes with live charts & portfolio tracking capability, alerting you to any spikes or dips in your portfolio.

* Mobile Integration: Users are able to exchange crypto in just a few clicks with the Exodus Desktop App.

Coinomi

Established back in 2014, Coinomi is one of the first multichain wallets to have ever been brought to the market. Used by millions of crypto enthusiasts across the globe, the Coinomi wallet has stood the test of time, supporting over 125 different blockchains and thousands of different tokens, all housed on one single platform.

As far as the best cryptocurrency wallets go, Coinomi offers cutting-edge online security, with multi-seed backups, encrypted user IP addresses and lock tight data protection. Its features include instant exchanges, quick purchases and a wide range of partnerships that streamline inter-currency transfers. The wallet is also entirely free to use, with the only requirement being to sign up to the Coinomi platform.

Some of the top features of the Coinomi Crypto Wallet include:

* Simple Setup: Registering a Coinomi Wallet is simple. The wallet itself is easily downloaded off of the Coinomi homepage and can be fully installed and ready to use in a few clicks.

* Enhanced online security: The wallet adheres to the highest security standards. Users are given a unique set of seeds (or phrases) when setting up their wallets. These seeds come with their own encrypted settings, ensuring your online assets are never compromised. Additionally, the site itself does not store any user data, ensuring complete privacy.

* Integrated Currency Exchange: The Coinomi Wallet is directly integrated with its sister trading platform, meaning the exchange of any online assets is straightforward, efficient, and can be done directly from the wallet itself.

* Multi-language support: The Coinomi support team is available around the clock, with one of the fastest response times of any online wallet. Their team speaks over 25 different languages, ensuring communication remains a top priority.

* Supported Cryptocurrencies: Coinomi supports a massive list of over 1770 crypto assets, including Bitcoin (BTC), Ethereum ETH), Ripple (XRP), Bitcoin Cash (BCH), Litecoin (LTC), Tron (TRX) Ethereum Classic, Dash, NEM, ZCash, Doge (DOGE), Decred, Bitcoin Gold (BTG), Algorand, MonaCoin, Horizen, and a whole lot more.



Thanks for reading. How about you - are using any of mentioned wallets or do you have something else to recommend?

Regards,
Karl from Bitcasino


Source: Bitcasino blog
10  Alternate cryptocurrencies / Altcoin Discussion / Should you invest in Safemoon cryptocurrency? on: October 11, 2021, 07:50:11 AM
Hello everybody!

While it’s the mainstream choice to invest in older cryptocurrencies like Bitcoin and Ethereum, most people nowadays are beginning to take their chances on new and up-and-upcoming coins as well. This is because smart investors don’t want to miss out on the next big thing that could potentially open the door to unique innovations and investment opportunities.

The Safemoon cryptocurrency is just one of these that has attracted the attention of savvy investors.

Safemoon was first launched as a token on March 8, 2021, by SafeMoon LLC. It was built under the Binance blockchain and was listed under exchanges such as PancakeSwap, BitMart, WhiteBit and more.

The name of the digital currency was coined after the popular phrase ‘To the moon’. Safemoon cryptocurrency aims to eliminate impermanent loss caused by volatile prices and trading patterns. To solve this problem and create a better liquidity protocol, Safemoon offers static rewards, performs manual token burns and offers an automatic liquidity pool.

Soon after its launch, Safemoon became the talk of the town especially after several celebrity endorsements from Youtuber Logan Paul and rapper Lil’ Yachty.

What you should know about Safemoon

If you’re looking to invest in Safemoon, it’s better to learn everything you can about the digital currency first. Read the list below to get an idea of what you should know about Safemoon:

* Safemoon had an eventful start in the market
Safemoon launched with over 777 trillion tokens. And a month after its release, the prices shot up by 20,000% and fell back down within a matter of days.

This caused more people to learn about Safemoon and what exactly it offers as a digital currency. Since then, the price of Safemoon hasn’t changed drastically and as of October 2021, is at $0.000001626.

* Safemoon cannot be purchased via cash or crypto exchanges
Most cryptocurrencies offer ease of access through exchanges but unlike them, Safemoon cannot be purchased in crypto exchanges or through cash transactions.

Instead, Safemoon can be purchased by converting Binance Coin or Tether into Safemoon via PancakeSwap, a decentralised crypto platform. The second way to buy Safemoon is by downloading the Trust Wallet crypto app and acquiring Safemoon from there.

* Safemoon has a 10% fee every time it’s sold
When Safemoon was first released in March of 2021, it was quickly made evident that the digital currency discourages day trading or short-term transactions. Every time Safemoon is sold, a 10% fee is charged. This aims to stabilise the price and reward long-term traders, according to Safemoon’s whitepaper.

Moreover, with this 10% fee, half of it will be distributed as dividends to all of the holders of Safemoon. On the other hand, the other half will be used for a Safemoon and Binance Coin liquidity pool.

* Traders find it an intriguing investment despite speculations
All investments, whether digital or not come, with risks. This is why crypto traders must know about the market and understand how digital assets work. Through smart trading, using new cryptocurrencies like Safemoon can be a valuable experience. Traders also find Safemoon a somewhat speculative investment due to its unconventional design.

Is it worth buying Safemoon?

Safemoon is by far one of the most popular, newly-released cryptocurrencies that had an eventful half-year in 2021. This leads us to the question that everyone wants to ask: is it worth buying Safemoon?

Buying Safemoon is worth it as long as traders know what they are getting into. Proper research and knowledge about the market are essential before delving into new investments such as this. Through careful consideration and adept skill in trading, Safemoon can prove to be a profitable investment in the future.

Thanks for reading and you're welcome to share your thoughts about Safemoon.

Regards,
Karl


Source: Bitcasino blog
11  Economy / Games and rounds / Bitcasino.io 💜 — Predict the BTC price ↕️ WIN 2 mBTC 🚀 on: October 06, 2021, 07:12:50 AM


Hello BTC-fans,

Let's have some fun again with predicting Wink
What do you think the BTC price will be on October 28?
Make your guess and win 2 mBTC!

How to participate:

1. Predict the BTC price for October 28
2. Post it on the thread in EUR
3. Add your Bitcasino username

Things to know:

* You can make up to 2 predictions: 1st = October 6-13; 2nd = October 14-21 (23:59 GMT).
* You need to have at least 50 posts on Bitcointalk.
* 2 winners will be decided based on the Bitcoin opening price listed at Bitstamp on October 28 @ 10:00 GMT.
* 2 closest predictors will get 2 mBTC.
* The winning amount has 1X wagering requirement.
* We collect all the predictions and posts that are edited after will be disqualified. Play fair.


NB! Particiate in the Bitcoin Predictor promotion also on our site.
There's a prize pool of 500 mBTC for TOP 10 predictions Cool




Our Bitcointalk thread

Good luck Wink
Karl
Bitcasino.io
12  Other / Beginners & Help / Crypto books & podcasts on: September 22, 2021, 09:28:35 AM
Hey crypto fans,

What are the best crypto books and podcasts for newcomers looking to learn about the subject?
Here’s a list of some to help you quickly scale the learning curve.

Crypto books

* The Bitcoin Standard (Saifdean Ammous) 
If you're looking for a well reasoned argument for Bitcoin, read the Bitcoin Standard.
Regarded as one of the best cases for Bitcoin it analyses the historical context, the economic properties and future implications.

* Mastering Bitcoin (Andreas Antonopoulos) 
Mastering Bitcoin is one of the most comprehensive and thoughtful guides to what Bitcoin is, who might use it and how it works.
Great for anyone thinking about it from a coding perspective or simply wanting to see under the hood.

* The Infinite Machine (Camila Russo) 
A great insight into the origins and history of Ethereum written as a narrative focused on the characters, their motivations and the drama,
rather than technical details. If you like Michael Lewis (Flashboys, The Big Short) you’ll love this.

* The Price of Tomorrow (Jeff Booth) 
Jeff Booth's book isn’t explicitly about crypto, but he clearly had it in mind presenting a compelling argument
for how deflation is the only sensible route out of the mess that fiat money has landed modern economies in.

* Where does money come from? (Josh Ryan-Collins) 
Crypto is described as the antidote to uncontrolled central bank money printing, but what does that really mean,
and where does money actually come from? Read this book for an answer that is fascinating and surprising in equal parts.


Crypto podcasts

* What Bitcoin Did
Peter McCormack has developed one of the most listened to Bitcoin podcasts by combining an engaging, relaxed style with great content.
He isn’t the most technically sophisticated, which is why the show works so well for newcomers.

* The Pomp Podcast
Anthony Pompliano, commonly known as The Pomp - is one of the biggest cheerleaders in the Bitcoin space.
An aggressive crypto advocate, his style isn't to everyone’s taste, but he pulls no punches and is fully invested.

* The Breakdown
Approaching 100 episodes, Coindesk’s flagship podcast, hosted by Nathaniel Whittemore,
provides a daily cross-section of the biggest stories in crypto, deftly mixing up short 15 minute daily bites, with interviews and long reads.

* Unchained
Running since 2016 ‘Unchained’ is one of the oldest and most respected crypto podcasts out there.
Laura Shin has great journalistic pedigree, as the first mainstream reporter to cover crypto assets full-time.

* Bitcoin Fundamentals
Preston Pysh hosts a collection of Bitcoin focused podcasts within a wider network of investment related content.
Actively managing a portfolio, Pysh takes a deep dive into the overlap between macro economic issues and Bitcoin.


This is just a short selection, there are plenty of others. What books/podcasts do you recommend?

Thanks,
Karl from Bitcasino

13  Economy / Gambling discussion / Best time to play online slots on: September 17, 2021, 12:28:32 PM
Hey everybody,

We all know the great benefit of online casinos = they operate 24/7 Smiley
Regardless of whether you are a night owl or an early bird, you can start playing at any second you want.

But what is the best time to hit the reels?
We all know there are several myths surrounding when you should or should not play at a casino to increase your chances of winning. I guess you’ve all heard plenty of them. But the only truth is the outcome in slot machines is completely random as they are operated by a RNG.

So how about you, when do hit the reels?
I created a poll as well, so if you have a chance, please make your choice.

Thanks,
Karl from Bitcasino
14  Economy / Trading Discussion / Trading VS investing: pros & cons you should know on: September 03, 2021, 12:16:02 PM
Hi, crypto fans

Still at the crossroads of picking between trading vs investing in cryptocurrency?

Consider the pros and cons of investing in cryptocurrency and trading, as well as your profit goals to find the right option for you.
Here's an overview for you.

Trading vs investing crypto side by side

Although investing and trading in crypto appear the same, they work in distinct ways. Investing is buying an asset and holding onto it until its value appreciates over time while trading involves buying and selling coins to profit over movements in the market. Learn more about these two when we compare them side by side below:

Pros and cons of investing in cryptocurrency

Investing in cryptocurrency is fit for long-term investors who can wait years to profit from their assets. This involves buying a crypto asset like Bitcoin (BTC) and Ether (ETH) and waiting for its value to increase over time.

Most crypto investors tend to do the ‘HODL’ strategy which is a slang term that means ‘hold on for dear life’ onto their assets no matter if the price drops. Rather than being swayed by volatile price changes in the crypto market, these types of investors choose to hold onto their coins and wait for the right time to sell them. Know more about the pros and cons of investing in cryptocurrency below so you can choose if this is the best option for you. Here’s all you need to know:

Pros

* This can be done passively
Investing in cryptocurrency can be done during your spare time without having to be fully active on the market. All you have to do is buy a performing crypto asset and see how its prices move within the next few months or years.

* Suited for long term goals
Investing focuses on long-term profit or gains that are often bigger compared to trading. Price drops don’t concern investors for long term investments in cryptocurrency since they look at the trends in the long run and know that prices can rise again in the future.

Cons

* Results take longer to earn
Like most investments, cryptocurrencies also don't pay out overnight and it can be difficult to predict when with the market’s volatility. Along the way, you might be faced with doubt or impatience of profiting immediately. However, if you keep track of your assets’ performance through market predictions by experts and look at things from a long-term perspective, you can potentially gain substantial amounts from your investment.

* It has a higher risk
The crypto market is known for being highly volatile and therefore, risky. And while the famous saying goes ‘high risk equals high returns’, this also means the possibility of losing big money. Additionally, your investment can still result in zero return no matter how long you wait for it to appreciate if it’s not doing well in the market. So, make sure to choose your investments wisely. All you can do is try to protect your crypto from market volatility as best you can by being open-minded, cautious and knowledgeable of the pros and cons of investing in cryptocurrency.

Pros and cons of cryptocurrency trading

Crypto trading involves buying and selling coins to profit by predicting the price trends using a CFD (contract for differences) trading account. Opposite to investing, trading is more fit for short term profit goals since it allows you to earn through buying and selling coins within a few hours, days or weeks. Here are the pros and cons of cryptocurrency trading you should know:

Pros

* It works well with the market volatility
Crypto trading is rooted in the market’s volatility rather than investing in crypto that doesn’t heed to short-term price changes. This means that once prices go down, you can buy more crypto and profit by selling them later for a higher price when it appreciates. Rather than seeing price fluctuations as a bad thing, traders see this as an opportunity to gain in the near future.

* It is faster and more accessible
If you want instant profits in the crypto market, trading is the best option for you. This can easily be done by simply buying and selling tokens through various platforms like exchange sites. To make the most out of your assets, make sure you know all the different strategies, trends and analyses used in crypto trading.

Cons

* Should be active in the market
Since trading is aligned to the market’s volatility, you are expected to monitor the latest changes. Unlike investing where you can be passive, you have to always be active when trading so you can enter and exit the market whenever necessary. If you don’t stay alert on certain market trends, you might miss the opportunity to profit or suffer great losses when prices drop. Bitcoin trading bots, however, can help you by aggregating all of this information and help you make the most informed trading decisions.

* Smaller returns for each trade
Although you can get faster returns in crypto trading, they usually come at smaller prices. Since price drops happen minimally especially for lesser-known coins, the profit you can get from buying and selling multiple currencies will also be small.

* It requires more knowledge on crypto
Compared to investing where you can buy and leave your assets alone, trading requires you to brush up on your knowledge about crypto to profit from it. You need to be updated about the recent happenings in the market especially those that can affect the asset’s prices and understand how the entire system works for you to make substantial profits from crypto trading.

Is there a risk in cryptocurrency?

Like all kinds of investments, there is a certain level of risk as well as pros and cons in cryptocurrency you should keep in mind. This includes the high market volatility, which means prices tend to rise and fall.

Another thing to be wary of is the safety of your assets. Crypto’s core tech such as blockchain and cryptography secures your assets, however, other financial platforms that make investing and trading possible may not be as safe. This includes popular cryptocurrency sites used in trading that are often centralised and operate online, which means they can be a target for internet threats like hacking and malware.

Investing apps such as wallets where you choose to store your coins also pose their own risks such as hacks and getting lost. Ensure that you secure your Bitcoin wallet by keeping your password safe and using 2-step verification.

So despite its built-in security features, there are risks in cryptocurrency that users like you should be wary of. Do your own research on the steps you can take to improve the safety of your coins. Consider all the pros and cons of cryptocurrency when deciding because, at the end of the day, your assets are only as secure as you make them.

Into the realm of crypto: Where to get your crypto

Now that you know the pros and cons of investing in cryptocurrency, ready to step into the world of volatile markets? To help you get started in either trading or investing, find out where you can buy these coins first. Here are the three best platforms for beginners:

* Exchange sites
Big exchange sites like Coinbase and Binance allow traders and investors to buy and sell coins in one place. It acts as the intermediary that facilitates transactions between two parties (buyer and seller).

To make an exchange, all you have to do is create an account on your chosen platform and begin trading or investing. You can instantly get any of the well-known coins like BTC and ETH using your fiat money or other cryptocurrencies.

* Peer-to-peer marketplaces
If you want to directly buy and sell your crypto assets with another person, you can use Peer-to-Peer (P2P) marketplaces. These sites allow you to contact any interested party for the transaction. Additionally, the prices of the coins are usually determined by the seller. Some examples of P2P marketplaces you can consider are Paxful, Bisq and Localbitcoins.

* Payment apps
You can also buy crypto from payment apps like PayPal and Robinhood. These apps make crypto available to their userbase so they can easily buy crypto on-demand without finding a seller.

 
Thanks for reading and hopefully it was useful.

Cheers,
Karl from Bitcasino

 
Source: Bitcasino blog
15  Economy / Games and rounds / Winners: Bitcasino.io 💜 — Predict the BTC price 🚀 Grab a share of 6 mBTC 🚀 on: September 01, 2021, 01:08:13 PM


Hi everybody Wink Let's do it again!

Predict the BTC price for September 28 to win a share of 6 mBTC!

How to participate:

1. Predict the BTC price
2. Write it on the thread
3. Add your Bitcasino username

Things to know:

* Post your prediction in EUR.
* You can make up to 2 predictions: 1st = September 1-10; 2nd = September 11-21 (23:59 GMT).
* You need to have at least 50 posts on Bitcointalk.
* 3 winners will be decided based on the Bitcoin opening price listed at Bitstamp on September 28 @ 10:00 GMT.
* 3 closest predictors will get 2 mBTC.
* The winning amount has 1X wagering requirement.
* We collect all the predictions and posts that are edited after will be disqualified. Play fair.


NB! Check the Bitcoin Predictor promotion also on our site.
Prize pool of 500 mBTC is waiting for TOP 10 predictions Cool




Our Bitcointalk thread.

Happy guessing Wink
Karl
Bitcasino.io
16  Alternate cryptocurrencies / Altcoin Discussion / CatzCoin cryptocurrency: A fur-endly investment or not? on: August 18, 2021, 11:01:05 AM
Hello, crypto fans

Cryptocurrency is a rising trend in the global digital sphere with different coins and tokens appearing left and right. One of the most unique and newest tokens in the market is CatzCoin.
What does this crypto have to offer and how is it different from others? Here's an overview for you.

All about CatzCoin cryptocurrency

The CatzCoin team aims to build the largest cat community in the world through cryptocurrency. It was made by passionate crypto enthusiasts and cat lovers alike to make the crypto industry friendlier to people that love feline furry creatures.

It’s all about making the world a better place for cats to live in or, as the CatzCoin website puts it, a community of ‘cat fur-ends’. The whole CatzCoin team believes that all cats regardless of their gender, fur coat colour, breed or size deserves an opportunity to be loved and to have a home.

What is CatzCoin token and where can you use it?

Inspired by the Dogecoin community that used the digital coin to support members and crypto enthusiasts through donations and social media tips, CatzCoin aims to do the same but with a furry feline twist. The CatzCoin token is denoted as $CATZ. This community token can be acquired through supported exchanges and wallets. Here are some of the objectives of this cryptocurrency:

Building a global CatzCoin community
The team behind CatzCoin aims to create a global multilingual community. Members will be able to support and interact with each other through $CATZ transactions, payments and transfers. However, this will not be limited to the CatzCoin community since the asset can be purchased by anyone.

Decentralised finance (DeFi) utilities
DeFi utilities are peer-to-peer financial services on existing blockchains like Ethereum and Cardano. This technology allows users to trade, loan, and pay using cryptocurrencies and tokens that are supported by the blockchain.

CatzCoin tokens can be used for DeFi utilities such as CatzSwap, CatzFarming and CatzTrading. This means that $CATZ holders can stake their assets to earn transaction fees and liquidity pool tokens. Non-Fungible Tokens (NFT) can also be traded on the platform in exchange for other NFTs or $CATZ.

Charity votes and governance rights
$CATZ holders can engage in the CatzNation community. This means that all stakeholders can vote for the cat charity their donations will go to. Moreover, they’ll also have the right to vote on important issues such as product development, fee updates and structural changes on CatzCoin cryptocurrency.

The CatzCoin long-term goal

The initial mission of this cryptocurrency is to help and support homeless cats and persuade the CatzCoin community to do the same. You can be part of the advocacy by purchasing $CATZ coins on supported platforms because 5% of the total coin supply will be donated to cat charities.

Moreover, CatzCoin wants to dominate the market in ways that Dogecoin has in the last year. So far, Dogecoin is considered the beloved meme currency in the crypto sphere and its continuing popularity despite the volatile nature of the market solidifies its novelty status. The goal is to raise US$100 million by June 28, 2022, to completely overtake Dogecoin as the top community cryptocurrency. Currently, CatzCoin cryptocurrency has a trading volume of US$433,727.

The fur-endly CatzCoin team

CatzCoin is currently based in Sydney, Australia founded by William Wu who also acts as Chief Catz or Chief Executive Officer (CEO) of the company. He’s a certified cat lover and has a furry British Shorthair pal named Didi.

Before establishing CatzCoin cryptocurrency, he was a consultant at management consulting firm McKinsey and Company. He also holds degrees from prestigious universities including Wharton School of Business, London School of Economics and University of New South Wales.

Aside from Wu, cat lovers have joined the growing CatzCoin team to spearhead the marketing, strategy, analytics, social media and digital marketing strategy departments of the growing crypto asset.

How to purchase CatzCoin tokens

Similar to Bitcoin, there’s a fixed and limited supply of $CATZ in the market. This is to maintain demand in the market and help increase the value of each coin in the long run. Currently, there is one billion CatzCoin cryptocurrency available in the market and you can purchase them on the following platforms:

PancakeSwap
PancakeSwap is a food-themed DeFi protocol that is run on a Binance Smart Chain-based decentralised exchange. It was developed by anonymous developers inspired by breakfast food and Ethereum’s SushiSwap protocol.

This platform allows users to purchase BEP-20 tokens that are used for trading against a liquidity pool. You can purchase $CATZ tokens on PancakeSwap when you install a MetaMask wallet extension on your Chrome browser. Once you’ve set up your account, you can purchase the tokens using Binance Coins (BNB) or Bitcoin (BTC).

Trust Wallet
Trust Wallet is an online wallet where you can store cryptocurrencies, stablecoins and crypto tokens including BEP-20, ERC20 and ERC721 tokens. It also supports a decentralised app (dApp) Ethereum browser as well as Binance Smart Chains. You can access PancakeSwap through the dApp extension, purchase $CATZ tokens using BNB or BTC coins and store it in your Trust Wallet.


CatzCoin is still in its infancy but that doesn’t stop the team behind this crypto craze to be ambitious with the token. There’s no way of knowing what the future holds for CatzCoin cryptocurrency but there’s no denying that it has the same potential as Dogecoin in terms of community appeal and organic use for DeFi and crypto transactions.

Thanks for reading. What do you think about the future of CatzCoin?

Regards,
Karl from Bitcasino


Source: Bitcasino blog
17  Economy / Gambling discussion / Which are the best cryptocurrencies for esports betting? on: August 17, 2021, 10:17:03 AM
Hey everybody,

Esports has turned into a profitable and hugely followed spectator sport since the early 2000s. Owing to the rapid rise of video gaming creators and the impressive growth of the internet, esports opened a vast space of possibilities for the betting sector too.

Other than blockchain gaming and NFTs (non-fungible tokens), fans are also enjoying the profits of esports betting due to various markets available all-year-round. These days, bettors no longer solely rely on credit cards and bank accounts to support their teams and players. Instead, they deposit and bet with their favourite cryptocurrencies. Today, we answer the question: which are the best cryptocurrencies for esports betting?

Crypto is the new era of online betting

iGaming (online gambling) goes perfectly well with crypto. Their shared platform guarantees efficiency, transparency, and security. These qualities make market analysts confident of the paradigm shift in payment options. As cash, credit, and debit cards slowly become obsolete, crypto is the next big thing. As of today, there are around 6,000 different kinds of digital currencies in circulation. So, in terms of trust, popularity, and value, here are the five best digital currencies to use at esports crypto betting sites.

1. Bitcoin (BTC)
While Bitcoin’s one decade of existence is, well, less than a dot in the context of fiat money, it is a major currency revolution. Meaning, it shouldn’t be a surprise that it is the number 1 choice among the 300 million crypto users in the world.

Bettors prefer Bitcoin because it’s well-established, lucrative, and the largest crypto platform by both market cap and coin value. As of August 17, 2021 in CoinMarketCap, they are worth $866.22 billion and $45,910.85, respectively. That is why it continues to dominate all online casinos and sportsbooks. In addition, gambling operators trust Bitcoin because it is a strong peer-to-peer payment system, thus becoming the standard for crypto trading.

2. Ethereum (ETC)
Founded in 2013, Ethereum remains one of the strongest counterparts of Bitcoin. Not only is it the second-largest crypto by market cap, worth $374.16 billion this August 17, 2021 in CoinMarketCap, it is also one powerful and massive digital ecosystem. This is because it wasn’t a digital currency in the first place.

Instead, blockchain innovators developed it as a programmable network intended as a marketplace for financial services, games, and apps. It just so happens that it also holds its own coin called Ether (ETH), which is only a fraction of the many Ethereum-powered tools and services. In fact, if you have been into esports and the world of digital assets in general for quite some time, then you will have heard about NFTs. These digitally unique and valuable tokens are part of the Ethereum blockchain network.

3. Litecoin (LTC)
Litecoin may not immediately follow Bitcoin and Ethereum in terms of market cap ($12.10 billion) or coin value ($180.98) according to CoinMarketCap on August 17, 2021, but it has captured the trust of the masses due to its network design. True to its name, this Bitcoin fork is the lighter version and digital silver to Bitcoin’s digital gold.

Litecoin improved Bitcoin’s high fees and slower rate transactions. As it aimed to empower users to be their own bank and control their transactions, its new blocks on the network are produced every 2.5 minutes. In contrast, that makes it four times faster than Bitcoin’s mining of blocks at 10 minutes.

4. Tether (USDT)
Stablecoins are digital currencies backed by assets (e.g. fiat, crypto, and commodity). They ensure stability and high liquidity in the middle of the capricious crypto market. The most notable example you can trust is Tether. Pegged to the U.S. dollars, it is the most popular fiat-based stablecoin with a predictable value, high market cap ($63.66 billion), and large daily volume based on CoinMarketCap on August 17, 2021.

5. Cardano (ADA)
Similar to the relationship between Litecoin and Bitcoin, the new player Cardano is a blockchain smart contract platform created to fix the drawbacks of Ethereum. Despite its recent entry, it has impressively climbed to be among the top 10 digital currencies based on market cap, which is valued at $67.53 billion on August 17, 2021. Its coin value, worth $2.11, still has a long way to go but market-backed predictions stated that it could rise greatly at a future date.

What brings Cardano to the limelight is its strong competitive edge and firm communal building. Creators take pride in it being the ‘first third-gen virtual currency’, where its purpose is to ‘provide a more balanced and sustainable ecosystem’ for the crypto market.

As a result, it is said to be the only coin and blockchain project that has been thoroughly tested and peer-reviewed by academic scientists and programmers. Most of them are from the University of Edinburgh and the Tokyo Institute of Technology.

Betting and crypto: A match made in heaven

Having the best digital currency isn’t the first and only step to achieve a seamless online betting experience. Similar to how you assess your crypto options, your chance to win a variety of rewards also lies in your choice of esports betting platform.

Esports betting sites may be convenient due to their easy access, but always keep in mind that not everyone offers the same level of safety and security. Take the time to learn as much as possible about esports betting tips. After all, a successful bettor is a responsible one, and with hundreds of choices available today, take note of these top qualities of a trustworthy betting website to get started.


Thanks for reading. Hopefully, you found some useful information.
You are welcome to share your thoughts and let us know what is the best coin for you to bet on esports?

Cheers,
Karl from Bitcasino
18  Bitcoin / Bitcoin Discussion / Bitcoin in China: What’s going on in the crypto community on: August 11, 2021, 01:04:45 PM
Hello, Bitcoin fans

In 2017, China’s Internet Finance Association stated that Bitcoin lacks legal foundations and to protect its people from the market’s volatility, China imposed stricter regulations on the industry. In the past few years, China has been one of the most active countries in shutting down crypto activities from mining to trading.

This 2021, the Chinese government intensified their crackdown on crypto with another warning against using cryptocurrency in trading. While there is no law in China that stops people from using cryptocurrencies, the government has cautioned the public about trading and mining cryptocurrencies.

Provinces in China drove out crypto mining companies with the ban issued in May 2021. In the same month, the People’s Bank of China (PBOC) published a warning saying that any activity related to the exchange of fiat money for cryptocurrencies, conducting token-based trading, and providing services to facilitate crypto trade will be charged with a criminal offence.

However, China isn’t the only country to pursue a crackdown on cryptocurrencies. Thailand and South Korea also shared their sentiments with China and issued their own warnings to crypto users and trading companies. In June and July 2021, the Bank of Thailand warned people against using cryptocurrencies for payments of goods and services.

As one of the biggest markets of cryptocurrency as well as the centre of most operations in crypto trading and mining, China plays a big part in the crypto industry. With the turbulent relationship of crypto with China and other Asian countries, the future of crypto in Asia is fogged with uncertainty.


Is it the end of Bitcoin in China?

China’s crackdown on crypto and especially on Bitcoin has been intense ever since the first issue in 2017. With China announcing that they will be working on their own digital currency, it became even harder for the crypto industry to break through and resume normal operations.

Cryptocurrency experts like Fred Thiel, CEO of Marathon Digital Holdings and a proud member of the Bitcoin Mining Council stated that the crackdown might be part of China’s effort to ensure the adoption of the upcoming digital currency created by their central bank. Another motivator could be that China is looking for a way to stem the capital outflow via cryptocurrencies and stable coins.

Thiel also said, ‘China’s government is doing everything it can to ensure that Bitcoin and other cryptocurrencies disappear from the Chinese financial system and economy.’ All of these are concerning for traders, miners and investors and it raises the question: Is this the end of Bitcoin in China?

As events continue to develop in China, the answer to that question is still unclear. However, Bitcoin is a well-established digital currency that pioneered decentralized operations in finance. Even with China banning crypto, it will be impossible for them to completely take it down. Of course, events in China can still affect Bitcoin’s value, but these can be easily reversed as the operations move offshore and traders deposit their crypto in overseas exchanges.

Over the whole debacle on the crackdown, Bitcoin has remained resilient, with operations that were halted in China only moving offshore. Despite all the regulations enforced on traders and users, Bitcoin continues to thrive in China. Instead of relying on RMB transfer, Bitcoin traders are now using the US dollar-linked cryptocurrency, USDT to buy Bitcoin and deposit it on overseas exchange, effectively trading Bitcoin. In a way, it became an underground currency instead of completely disappearing in the crypto scene in China.

Hope in the midst of a crackdown

Cryptocurrency is still not recognized as legal tender in most Asian countries. This is a concerning issue that can affect the marketability of crypto since it limits the use of cryptocurrencies on trade. Fortunately, there seems to be a light shining through the turbulent relationship between cryptocurrency and China.

During a panel hosted by CNBC on April 19, 2021, deputy governor of PBOC, Li Bo called Bitcoin an investment alternative for the first time since the crackdown. Although the regulatory framework that China has on crypto remains unchanged, the Chinese government’s statement on Bitcoin being an ‘investment alternative’ is definitely an improvement from the former ‘non-legal tender’.

To clarify, China still doesn’t recognise Bitcoin or any other cryptocurrencies as actual currency. However, the government is starting to acknowledge that it plays a part in the area of investments and now regards it as crypto-assets. Li Bo mentioned that China is still looking into crypto and what regulations they can apply to prevent risks of financial instability in the country.

Is it safe to invest in Bitcoin in Asia right now?

Bitcoin remains in the legal grey area for most countries. Some are still trying to figure out how to regulate cryptocurrencies in an effort to prevent any criminal transactions to be made in these decentralized platforms.

Even simply searching for crypto-related keywords will yield no result in the popular Chinese media outlet, Weibo. It is a difficult time not just for Chinese traders but also for the rest of the crypto community all over the world.

China has a prominent effect on the crypto market all over the world. With the country’s persistent crackdown on crypto, Bitcoin trading from major cryptocurrency exchanges fell by more than 40% in June 2021. The price of crypto also fell below the $30,000 mark within the same month.

Despite the devastating effect of the intense crackdowns by China, the crypto community around the world continues to persist and thrive. In China, crypto investors are finding new ways to trade without using RMB and the China-based crypto exchanges that were not able to get a license in China like OKE moved overseas to continue operations. Meanwhile, halted mining companies in China gave way for other mining companies in the world to thrive and pick up the slack.

Crypto might be under fire right now but as other countries reject the innovative and decentralized way of crypto, other countries like El Salvador are making Bitcoin an official currency, while USA, European Union, Canada and Australia have taken a positive stance in the development of crypto as an alternative exchange.


Thanks for reading and please share your thoughts on this topic.

Regards,
Karl


Source: Bitcasino blog
19  Economy / Games and rounds / Bitcasino.io 💜 — Predict the BTC price & win 3 mBTC! 🚀 on: August 03, 2021, 06:36:29 AM


Hey guys Wink

The price of Bitcoin has been swinging up and down all year.
What do you think of the BTC price - will it rise or not?
Take your guess & win 3 mBTC!

How to participate:

* Predict the Bitcoin price for August 28.
* Write it in the thread along with your Bitcasino username.

Things to know:

1. Post your prediction in EUR on this thread until August 21 (23:59 GMT).
2. One participant can make up to 2 predictions: first prediction from August 3 until August 11, second prediction from August 12 until August 21.
3. Participants need to have at least 50 posts on Bitcointalk.
4. 2 winners will be decided based on the Bitcoin opening price listed at Bitstamp on August 28 @ 10:00 GMT.
5. 2 closest predictors will get 3 mBTC.
6. The winning amount has 1X wagering requirement.
7. We collect all the predictions and posts that are edited after will be disqualified. Play fair.


PS!

* Check our Twitter account for another 3 mBTC giveaway Smiley

* Join the promotion also on our site!
Head over to our site and grab your share of 500 mBTC. The TOP 10 predictions get rewarded.




Our Bitcointalk thread.

Happy guessing & good luck Wink
Karl
Bitcasino.io
20  Bitcoin / Bitcoin Discussion / Can you protect your Bitcoin from market volatility? on: August 02, 2021, 08:40:45 AM
Hi there,

Cryptocurrency has a volatile market, and there are moments when investors can expect high turnover rates and growth while others aren’t as lucky. In times like this, it’s important to be educated by learning about the ins and outs of managing your cryptocurrencies to avoid drastic changes in the market.

Frequent crypto traders know that investing their digital assets in the market comes with pros and cons. Risks cannot be avoided in any form of investment, so the best thing you can do is devise strategies on how you can protect your digital assets from the volatility of the Bitcoin market.

However, most people wonder if it’s even possible to protect your Bitcoin or other assets from crypto market volatility. You may not be able to avoid it entirely but you can take several measures to lessen its impact on your hard-earned investments.

Tips to protect your Bitcoin from market volatility

Seasoned traders are able to distinguish good investment options from bad ones. However, this ability comes from experience and research. To make the most of your investment, here are some steps you can make to protect your Bitcoin from market volatility:

Personal research and education

Before starting, do your own research and educate yourself on the process of how to invest in crypto. This is especially important for first-time investors and beginners in the world of digital assets. Get an idea of how the market works first and familiarise yourself. The more you know about the market, the more you can make informed decisions on what will benefit your investments.

Read articles online, watch informative videos on YouTube or enlist the help of your friends and family who also invest in crypto. Knowledge is power in this volatile market, and to become adept in both crypto trading and investing, you will need the dedication to find the right information to make the right decisions.

Manage your money

Now that you have an idea of how the crypto market works, you will have to learn how to manage your funds well. Be sure to keep track of your money and have a record of everything you do such as transactions and losses and profits while trading. Managing your money and keeping track of it is an excellent way to protect it from market volatility.

To help you out, you can get tracking apps or platforms to provide assistance. Some of these apps include Blockfolio, Altpocket and CoinTracking. Utilise these tools to manage your investments and get an edge on the market.

Watch the market trends closely

This tip goes hand in hand with managing your money. While keeping track of your funds, be sure to monitor the market trends as well and understand how they move. Check to see if certain patterns affect the market trends and how they relate to the strategies you’re using for your investments.
When your digital assets ascend, descend or stay in a linear position, traders need to be on high alert for what happens next. Some people set reminders to check their funds at least every other day or once a week at most. You can also read about the crypto market and familiarise yourself with the trends, no matter how new or old they are.

Build a good portfolio

An investment portfolio is a collection of data that holds all of your investments and transactions online. You can think of it as putting all data of your cryptocurrencies in one space. If you ever want to look back on some of your previous trades, you can do so in an organised manner by having a good portfolio.
The benefits of having a portfolio go beyond something as simple as collation. You can use it on your own or enlist the help of professionals like fund managers and financial experts. A portfolio will show the pattern of your trading habits and help the experts make an informed decision to improve your trading experience.

Cautious yet streetwise trading

As previously mentioned, the volatility of the crypto market cannot be predicted accurately. You can rely on certain articles or the advice of experts, but you need to have your own trading style as well. To succeed in the crypto market, you have to know when to invest carefully and when to take risks. Always think twice before making a decision.

Think practical and your investments should follow afterwards. You can implement smart trading by learning the ins and outs of the market, doing your personal research and making decisions based on logical reasons instead of just hopping on the bandwagon.

Be open-minded while trading

When investing or trading, don’t be afraid to take certain risks. Try to be open-minded and seek out new trends and strategies that other traders are trying. For example, more people nowadays are looking to try day trading, which is buying and selling digital assets within 24 hours to make a quick profit. There are also other strategies like swing trading and scalping.

Although it seems like the best and safest decision is to stick with your routine, it won’t work forever. If the Bitcoin market is volatile, you should be able to adapt and change with the market to avoid falling victim to volatility and losing your funds.

Thanks for reading and you’re welcome to share your thoughts and tips.

Cheers,
Karl


Source: Bitcasino blog
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