Most likely they will store their BTCs in multiple hardware wallets which are inside some safe locks which are closely monitored and secured. Imagine, if you are an owner of tens to hundreds to thousands of BTCs, you would definitely invest into securing your wallets safety. Unlike banks who store your moneys inside a safe lock, you have the sole responsibility of depositing and keeping them safe until you use them for a specific transaction.

You would almost find it impossible to hear that a person is keeping their BTCs inside a respective exchange due to the nature of it being scammed in the past.

I personally felt the inflation here in the Philippines- oil prices have increased drastically this year and food issues have been an ongoing concern on below-average median households. Unfortunately, the poor kept getting poorer and the rich are getting richer in this economy. With lots of opportunities being withheld, unemployment rates are slowly increasing in the country with job opportunities lessened.

The war between Ukraine and Russia will have a crippling effect over the years. We might feel the effects of inflation but with the recent announcement that Russia will cut its oil supply, expect prices to increase in the market again.

I think it depends on the streamer if they are affiliated with the gambling website or if they are really gambling as a whole.

There are streamers on CSGO where they are affiliated with some gambling companies that sponsor their case openings. I have watched a ton and due to this sponsorship, they have become addicted to gambling on skins (this is purely on e-sports).

I have yet to encounter a normal streamer who suddenly promoted a gambling website and became addicted to it. It is most probably that they are doing such promotion due to the money that was offered for their exposure and advertisement.

Interesting, so 1xbit is a conglomerate of various gambling websites? Since this may be the case, they might cloak themselves with seemingly genuine websites but in reality, they are rotten to the core. This is somehow dangerous as they literally have the funds to create tens to hundreds of gambling websites and scam away their users with their unspoken TOS amendments and withholding of funds.

I just hope that people would absolutely stay away from all gambling affiliates 1xbit is connected to. If you truly want to lose your money not because of gambling but because of mismanagement, then be my guest and gamble on their website.

This really sucks grabe. Like in a similar situation, si coins.ph limited my withdrawals from p400,000 monthly to only p25,000 kasi daw involved account ko sa isang gambling establishment, which is prohibited under their TOS. Sa sobrang strict ni coins.ph sa mga ganitong bagay, yung mga nakalagay sa TOS nila is very restrictive to the point na ikaw mismo na lang iiwas gamitin services nila.

Good thing when I asked dito sa forum for alternatives, ang dami agad nag reply. While nasanay nga tayo gamitin ang coins.ph, ito rin ang magiging downfall nila dahil napaka restrictive na ng services nila. I just hope that everything is okay on your end bro. Good luck sayo!

With the volatile nature of cryptocurrencies, I suggest ditching the idea of "leaving your coins and not touching them" and sell them as soon as you hit the profit. The good thing about volatility is you can take advantage of multiple short-term investments in a span of a relatively short amount of time compared to any investment platform.

Though I also recommend HODLing, if you are really concerned of price fluctuations in the 5-year span, then better do short-term investments and sell it once profits arises. At this kind of method, you avoid losing more money and earn lots. The only downside is, you better observe and check regularly the price of BTCs in order to maximize profit.

Like what I previously mentioned, what makes 1xbit so popular that people really attempt to play on their gambling website? There are tons of better gambling websites that have positive feedback and better management, yet people still play and risk their funds in 1xbit.

Since you asked this question OP, I recommend any gambling website that is currently being promoted in a campaign signature, with the exception of 1xbit. The fact that these gambling websites have a dedicated fund allocated for advertising means that there is a stable flow of cash on their website.

Check at the gambling thread for more information and avoid gambling at 1xbit at all cost.

While trust-ratings in the forum can be subject to abuse, a profile like 1xbit that has tons of negative feedback and evidence of scamming are conclusive evidences that everyone must see to avoid losing money from them. I find 1xbit too persistent- setting up a campaign signature and attracting more users to promote their scam website.

To be honest, I am really surprised that people still gamble on their website. Based from your experiences, has anyone really tried their gambling website? What is so special about them that people still gamble on their platform despite numerous cases and reports against them?

Imagine, the decision is truly yours if you want to invest into BTC or not. Think of it this way, its price already reached $60,000 last year. The possibilities are endless especially if you consider this circumstance. The fact that it already happened means that we should not discount the possibility of history repeating itself.

Personally, I would definitely recommend buying and HODLing at the same time until it reaches a certain price that you are comfortable selling. While we all know that BTC is volatile, take advantage of its nature and try to earn a quick profit in this method.

I do think that you are lucky, considering that you won the sports event by purely basing it on an insider info. Remember, the bet that you are dealing on is so risky that if you were to take out a loan, there is no guarantee that you would win this amount of money even with the insider info.

In gambling, it is always better to be safe than sorry. Preventing a loss is so much better than actually paying for your loan in the event of a loss. Besides, almost all gamblers experience this "paranoia" that they should have betted more money in the process.

Actually sa ganitong panahon, very fortunate ako na nakasali ako ng isang campaign signatures kasi dito ko iniipon mga BTCs ko. Hindi ko din cinacashout and winiwithdraw ito para makapag ipon ako in the event na makabalik at makapag recover din yung price ng BTC in the near future.

Nag try din ako bumili ng BTCs sa coins.ph pero yun nga, nag lagay sila ng limit sa account ko (p400k to only p25k monthly) kasi involved daw yung account ko sa isang gambling establishment, even if hindi ako mismo nag gagamble. Dahil doon, nagiging paraan na lang din ito upang mas makapag ipon talaga ako in the process.

In the Philippines, cock fighting has been consistently practiced by by gamblers to the point that it gets televised regularly. Though the game itself is much more of a gamble than a sport, most people view it as such. In addition, the barrier of entrance to participate in betting is easier and regulated by the government itself, which makes it truly a "sport-game" compared to most card gambling games.

Basketball is a sport which is considered the heart of Filipino games. Many of our countrymen play and see the sport as the "main sport" that everybody uses. You would see tons of courts in the streets which are consistently being used by many. As the case may be, betting in official games have been a consistent practice done by many.

I personally think that this would pose a challenge to explain the basics and fundamentals of cryptocurrencies to someone who has no digital literacy, unless they are seriously keen about learning them.

I remember, I tried explaining BTC to people who first heard it but they soon lost interest during my explanation. You can actually see the that they are not interested and everything just sounded so technical to the point that I even lost myself in the process. But, there are ways in order to at least lessen the burden especially by using non-technical terms and using metaphors to make it bearable.

Fiat will always be fiat. While its value may decrease/increase in the given circumstances surrounding the world, it is considered widely by all countries to have a value that is accepted all throughout.

The problem with cryptocurrencies is its nature and acceptance. Its value is highly volatile in a way that it can vary from time-to-time depending on several factors. Another problem surrounding is its acceptance by countries. China has started prohibiting its use and the biggest exchange in India has closed due to strict regulations and implementations from their government.

Generally, people gamble due to the hope of winning the jackpot in a relatively short amount of time and resources spent. All of us have that dream where we gamble like $1 and win like millions of dollars in the process.

Personally, I also have my fair share of winnings when I used to gamble with my brother. I remember, I mainly focused on gambling csgo and dota2 skins on dota2lounge.com since keys were the main currency in that game. I won like $100 worth of keys and lost 90% of it when I gambled them away and experienced a losing streak.

This depends if the actual intention of my girlfriend is for the greater and common good.

Normally, people follow their girlfriends due to the lack of control over the relationship- men sometimes blindly follow their girlfriends without even asking the reason why. Though this may be the case, if the intention of your girlfriend is for the well-being of your future, then you must consider her side and reason. But, if your girlfriend wants you to stop gambling due to "personal reasons" that she will not even disclose, then it is up to your discretion if you want to follow her or not.

Surprisingly, people who gamble are also the ones who just got exposed due to their curiosity. While an environment may definitely contribute if a person would most likely be exposed to gambling activities, such is not the sole indicator.

Regardless if a person is exposed or not, it is essential they know their limits and discipline. If gambling becomes a habit to them, then it will be slowly integrated into their system, thus forming part of their routine.

Personally, a change of an environment may help an addicted person overcome his addiction. A breath of fresh environment would lessen their influence in going back to their old habits, though this really comes from their self-determination and dedication to combat their addiction.

I really doubt OP if papayag ang bangko na kunin ang BTC mo and gawin itong collateral for your loan. Unang una sa lahat, medyo skeptical and mahigpit din ang mga bangko sa cryptocurrencies given na hindi ito regulated sa bansa. In addition, if gusto mo din mag convert ng pera sa kanila from BTC, medyo madami din silang requirements and need mo din i-disclose kung saan nanggaling yung origin ng iyong funds.

I remember, meron akong kaibigan na may mahigit 100+ BTCs sa coins.ph. When he tried withdrawing it, medyo na hold din yung pera niya sa bank since need malaman kung legit and genuine ba yung pinagkuhanan nito. If gusto mo talaga makakuha ng loan, then I suggest sa mga third-party websites talaga or kung hindi man, makipag trade ka sa mga tao dito sa forum.

Currently, I still participate into "casinos" that involve gambling. Though they may not be considered as "casinos" in the same definition in this forum, I still gamble on e-sports websites, such as csgolounge, skinport, etc.

The reason on why I chose those kinds of websites is because I somehow associate them as sports betting. Since I am quite familiar with the esports genre (since I also personally play), the chances of me winning is definitely higher compared if I participate into slots or cards.

Based on the information that I have gathered, Koinex shutdown due to regulatory problems conflicting with their government's views. Even if people in India support and adopt the use of cryptocurrencies in their daily lives, the exchange had to comply with the strict implementations that ultimately led to their shutting down.

I just hope that despite this, people in India would not feel dismayed about this. Though this may be the case, they can still utilize and use different exchanges available that is outside their country.