This is an interesting take- I never saw it in this light where gambling was embedded in the culture of the Chinese. I guess that is one of the reasons on why they are considered the powerhouse of gambling, like when you see casinos, absolutely and definitely you would see a bunch of Chinese people betting high amounts of cash simultaneously.

In reality, Chinese people are very business-minded people. They would take advantage of any situation that can potentially yield them large amounts of income in the simplest and quickest way possible. In the casino in our country, Chinese people roam the floors of each casino as they are acting as a loan shark for most gamblers.

Habang nasa bear market pa tayo, ito yung pinakamagandang opportunity para mag accumulate ng mag accumulate ng mga BTCs while mababa pa prices nila sa market and invest ito for long-term. Fortunately, may mga campaign signatures ako wherein tinatago ko lang halos majority of my BTCs. Naalala ko kasi back in 2017, ginagastos ko lahat ng mga BTCs na nakukuha ko tapos nun nag skyrocket yun price, I missed an opportunity na makakapag bago sana ng buhay ko dito.

Ngayon na I know better due to experience, iniipon ko lang talaga mga BTCs ngayon and kung may extra ako, bumibili din ako. Pero sa ngayon, nag hahanap ako ng alternative kay coins.ph kasi sobrang restrictive na ng pag-implement nila sa TOS nila.

Guys just a quick question, is there any alternative para makapag cash out ng mga BTCs not using coins.ph? Unfortunately, my level 3 verification account was temporarily flagged by coins.ph since yung proceeds daw ng BTCs ko nanggagaling sa isang gambling establishment, which is prohibited by their TOS. Dahil dito, they limited my withdrawal monthly from p400,000 to only p25,000.

I hope may isang alternative pa in order to cash out my BTCs given the fact na nagagamit ko sila almost weekly para sa mga kapatid ko. Any help would be greatly appreciated, thank you guys.

I remember back before COVID happened, I was accompanying my brother to this well-known casino in our country. He only brought $30 during that night but he was able to win around $600 with it due to his martingale strategy. Though that may be the case, he instantly spent all of it within 2-3 days as he considered it as "bad money" which compelled him to spend it immediately.

The danger behind this is that, over the years, only 5 winners were mentioned by OP that won significant amount of returns in a relatively short amount of time. While they may be lucky, that does not happen to everyone and that must be also be exercised with caution.

I think as a wise businessman with lots of influence over its market, he knows how to hype a specific cryptocurrency, attract attention and buyers, then suddenly pull-out all of its investments and earn a quick profit. At the end of the day, Elon Musk is a businessman; all he cares about his receiving more profit at the end.

Though I do agree, he is an avid supporter of Doge, though the latter is considered as a memecoin with no use or anything whatsoever. Ultimately, if he invests into something, better try to earn a quick buck and pull-out your investments as soon as it reaches a certain threshold of profit on your end.

While this may be considered as a relatively good advice, you somehow failed to account that there are investors who have thousands to millions worth of BTC $$$ at their disposal to the point that the slightest movement on its price could mean a gain/loss of thousands/millions on them. The beauty about BTC is that it is highly volatile- lots of investors take advantage of this unique characteristic in order to invest either short/long-term.

But OP, you are right- regardless of everything, people should be more focused on aiming for long-term investments. By basing it purely on BTC's price history, you could see that its price definitely skyrocketed since its origin. From that reason alone, long-term investment should be heavily considered on this aspect.

If there is a way to increase your chances in winning in a cryptocurrency casino, then that would be sports betting.

Sports betting involves the series of participation in different tournaments of sports where you would bet on a team based on the odds given. The good thing about this method is that you can lower the risks of you losing via comparing the stats of the teams participating. If you know a team who has been dominating on the field, their current stats, rosters, strategies, and skills, this would definitely lower the chances of you losing a given bet in a given tournament.

Can you please elaborate further on your case? In addition, please provide all the necessary proof in order to strengthen your claim that this gambling website banned your account for no reason. Not to mention, you also did not state the name of the gambling website you are alleging against.

Just to mention, make sure that you followed all of the TOS mentioned on the gambling website. You might unintentionally violated some of their rules which warranted their decision on your account getting banned. But before that, please provide all the proof necessary, thanks!

Bitcointalk Username: qwertyup23
Current post count (Including this one): 3980
bech32 BTC Address: bc1qjlexlfvhxs97cmxkyuqykaqxqj2r8nnj2tuy0y
Merit in the last 120 days: 33

deleting

Churches have a great deal of influence over their constituents to the point that they blindly follow their leaders despite morality and logic is not aligned with our values. But the fact that this church advocates the use of cryptocurrencies is quite alarming since as far I know, they tend to teach about living a simple life.

Though that May be the case, this definitely news that I did not expect; something that peopleabd churches should also follow.

Obviously, there will be a huge difference as to the number of active users who will post in the gambling section, but it will not be entirely dead. Just expect that the number of posts will significantly be reduced if signatures were to be prohibited in the gambling board.

Given that this is also one of the most active boards in the forum for both users and non-users, expect tons of signature campaigns to promote and advertise their business here. But, also expect that there will be active users who will continue to participate discussing about gambling related posts and questions even if signatures were to br prohibited.

Based purely from my experience, cryptocurrency exchanges have become so stringent with its regulation and rules. They also ask for tons of KYC documents in order to secure the veracity and origin of BTCs coming into one's wallet.

Unfortunately, my account verification level was restricted since my exchange imposed on its rules that the BTCs entering my account should not come through gambling websites. Due to these regulations, exchanges have become so strict and regulated with its rules that it is borderline restrictive in its use.

I understand where you are coming from but HODLing implies that you have set some parameters to the value that you are willing to sell your BTCs to. For example, if you purchased BTC at a certain price, then you should also set the maximum price that you are willing to sell just in case it increases/decreases due to its volatility.

HODLing does not entirely mean that you have HODL your funds entirely without the hope of cashing them out. It implies that you are following the golden rule of "buy low, sell high" kind of mindset. If this process does not work for you, then I guess you have to do some adjustments to make it effective.

I will recommend setting up your own team who are familiar with marketing, graphic and UI design, administrators, and a lawyer. These are essential as the background and design of the casino must be inviting to the point where it catches the attention of potential gamblers. I also recommend creating a designated "mascot" which represents the whole theme of your gambling website.

I mentioned that you needed a lawyer in order to familiarize yourself with the current laws of your country. This is practically needed in order to secure licenses, permits, taxes, and to know if creating an online gambling casino is prohibited on your given state/country.

Good thing you mentioned this point as personally, this is the most important of all points that OP raised.

The problem with gambling stems from its very nature- which is you are playing against the uncertain risks and odds that may or be against your favor. But with sports betting, you are putting yourself in a situation where you can bet on a specific sports that you are knowledgeable about. While having that knowledge will not completely save you from losing, this puts tremendous amount of leverage and advantage if you were to know the basic foundation of every team and its players.

While sports betting may still be considered as a gamble, having the ample knowledge about a certain team may reduce the risk, thereby putting yourself in a position where the odds are on your side.

Let me get one fact straight- no one controls BTC; even Satoshi himself does not control BTC since this was created for the purpose of a decentralized currenc. Though there may be cases where price manipulation happens, this only occurs when extreme whales liquidate their vast amount of BTCs in the market, which is highly unlikely.

One of the main reason on why BTC remains the leading cryptocurrency is due to the fact that it was the first crypto ever created on the market. It already established its name and there are even countries where they use BTC as their legal tender, which contributes to its legitimacy and genuineness, unlike other altcoins which have no basis at all.

This method is every trader's and investor's dream- buying low and selling high indicates a profit on your end. While this method may sound simple, the reality is that this is a complicated task where both must exercise patience especially that the price of cryptocurrencies are highly volatile in nature.

Buying low and selling high is what everyone must do but in reality, it is difficult to execute given that the price of cryptos are volatile. This rule is also not absolute as you also have to set the parameters in determining what is "low" and what is "high."

I seriously think that an addiction gets problematic when it hampers a person meeting their obligations and priorities. For example, a father who has a family may be addicted to gambling if he chooses to allocate the funds to his personal endeavors instead of spending it to the family.

Though there may be several symptoms of a gambling addict, it does not entirely equate that if a person manifests such symptoms that he is considered as an "addict" within your definition. As long as the gambler knows how to manage their money without needing to ask for a loan or to beg, then I do not consider them as such "addict" within the definition that OP provided.

How was the process done? How was your friend able to purchase $1 million worth of BTC without providing any KYC functions? Generally, exchanges have been very stringent with KYC requirements and personal records. From my experience alone, if a transaction involved high amounts of BTC, my exchange would most likely freeze my account to question the genuineness and veracity about the origin of my funds.

Though that may be the case, your friend indeed saved his fortune by converting them into BTCs. The difficult part is converting them back to cash in the exchange that he purchased them, unless he sells them via p2p transactions or via escrowing your funds.