Given on the price history of BTC every halving, there is a fat chance that its price would increase on the market. This is also the reason on why majority of the people consider the halving as a blessing since investments would reap, thereby benefiting everyone who has BTC at their disposal.

By basing it purely on history, BTC halving made the price of BTC higher on the market. However, it is important to understand what the halving actually means. According to this website¹, bitcoin halving means:

After the network mines 210,000 blocks—roughly every four years—the block reward given to Bitcoin miners for processing transactions is cut in half. This event is called halving because it cuts the rate at which new bitcoins are released into circulation in half.

This means that the rewards that miners would receive would be cut into half due to the limited amount of supply of BTC that are yet to be mined. With this, it is naturally normal for the price of BTC to increase given the said event.

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1 https://www.investopedia.com/bitcoin-halving-4843769

I agree with your statement.

I think this kind of situation can be answered depending on the TOS of each respective gambling websites. If they stipulate that once a winner has been declared, regardless of any future protest against it, then it would not refund and declare the other team as a winner.

Though this kind of situation contemplates cheating, it is wholly dependent on the gambling platform's TOS that will dictate the answer to this question. But personally, if a team has been declared a winner but subsequently they were caught cheating, the winnings should be void and the gambling platform must refund the amount in favour of the new winning team.

Being an active participant in the gambling board made me more aware about the circumstance of this kind of action. It gave me at least an overview on the strategies that can be implemented in some games where I thought to be impossible.

I have been actively messaging around the gambling board sharing my personal insights and experience in order for others to see. I am unsure if I aided or helped anyone from these experiences, but the fact that I was able to at least inform some (through constructive notice) is enough for me.

Yes- being active in this thread made me more aware about the dangers of gambling. While the feeling of adrenaline of winning is euphoric, the feeling of dread after losing your earnings is far worse than I have ever imagined. With this and by reading countless experiences of others, this actually helped me in realizing that gambling is an activity that should not be engaged in a daily basis.

This is an interesting question as it questions the criteria on how one could be called a gambling addict.

Professional gambling players may not be addicted at all at their sport IF the main criteria here is their discipline. Unlike them, addicts are more on the spectrum where they exhaust their resources and suffer due to the consequence of their actions. For professional gamblers, however, they are being paid for their skill and they have tons of sponsors that may fuel their desire to gamble.

Though this may be the case, I do think that there are still some professional gamblers that are also considered as addicts. It is somehow difficult on drawing the line between them.

I definitely agree with your statement.

Even if the halving is slowly coming, this should not be a reason to disregard the basic rules of investment. If you do not have sufficient resources in order to purchase BTCs as of the moment, never take out a loan to proceed your investment. A risk in itself should not create further risks.

In order to maximize this event, it is recommended that a person should allocate and budget their resources for investments entirely. Like what OP mentioned, avoid procrastinating and investing at the last hour- this is something that should be well-prepared and saved.

I do think that it boils down on how a thread can be considered as "quality" in the standard of this forum. While I do understand that lots of newbies want to rank-up, not everyone can which begs the question on how a thread can be considered as quality.

Well for starters, it must be engaging enough in order to attract audiences. In addition, the thread must be of substance where it offers any insight from others; provide useful information across different channels of cryptocurrency-related news; or even a discussion.

If there is one thing that I have noticed, it is that a well-decent reply may garner a merit. For example, by simply observing the basic rules of sentence construction and a proper understanding of grammar, you can actually achieve a merit.

Growing up, my grand father and father frequently visited cockpit arenas in order to compete with their chickens. It even got to a point where my grand father bought a relatively huge lot dedicated for farming and raising cockfighters in order to participate in national and televised fights. My father inherited such addiction and he also delve into such practice where he also brought me and my siblings with him. Due to this experience, this sparked my curiosity until now.

Maybe this experience is what drove me to gamble in the first place. With the influence from my parents, this somehow got me into this kind of activity- though I do only entertain such act with curiosity; nothing more and less.

I also do think that the mindset and focus of a person is a big priority when it comes to winnings/losses.

When a person losses, the obvious and initial reaction that they feel is to recover them by gambling again. Unfortunately and most of the time, by attempting to recover these losses, they incur more in the process which thereby increases their losses significantly.

A proper mindset and having a designated priority is key in order to minimize losses and maximize profit. Once you profited in a given match, that should be the sign to just take it easy, re-evaluate, and cash-out your earnings to avoid any losses.

I think you are mistaking wallets vs exchanges.

Based on my experience, online wallets do not ask for any KYC documents. They only serve as a "wallet" for you to store your BTCs and to transfer to another wallet or a designated exchange.

Exchanges, on the other hand, are websites or applications that lets you use your BTCs for different purpose. You can also transfer your BTCs to another wallets but the beauty behind some exchanges is its convenience. You can exchange your BTCs to your local currency or even transfer it to your banks or other modes of storage.

This is the reason on why majority of exchanges ask for KYC documents due to the features they offer, which are not offered on wallets.

I agree with your statement.

In this day and age where the internet has access to multiple AIs that can make everything convenient, it is also a double-edged sword when it comes to betting. Sure, you may have all the raw data on a specific team which may provide better chances of winning but the odds are still too low for you to receive profit.

Odds are created in order to somehow balance two (2) opposing teams and the bettors. One team may be dominant with another but the odds represent the amount of profit you may receive when such team won. In this kind of structure, you are somehow forced to bet on the "weaker" team due to the overwhelmingly odds they give if they win.

The only thing that I see sports-betting profitable is if two (2) teams, which are somehow same in strength (thus balanced odds), are fought with each other.

I find this very problematic that the website is not communicating any information at all. Sure, they may have all social media platforms available but no word has been spread or informed by any of those social media platforms.

Personally, even if it turns out that the website is back, I would somehow avoid this casino. You can actually see on how they handle their PR- no news and no anything whatsoever. Better avoid potential and risky conflicts such as this one instead of tolerating this kind of practice.

Though this may be the case, I am happy for you OP since you were able to receive your money. I do recommend that you search new gambling websites that are similar to betnomi to avoid this from happening again.

Loan amount: 0.0017 BTC
Loan Purpose: personal
Loan Repay Amount: 0.00195 BTC
Loan Repay Date: July 11, 2023
Type of Collateral: Unfortunately, I cannot offer any collateral BUT I am enrolled in a signature campaign that will pay me weekly.
BTC Address: 1M2VLrtNT19coVTYVATM8qSbhfKxGhtUpN

If my interest rate is too low, feel free to adjust it to your normal rates! Hoping again for your kind consideration, shasan!

This boils down to the greed of the person on wanting to accumulate more profits but at the end he suffered the price and lost it all.

I think this story is a testament to everyone who wishes to gamble at their disposal. As soon as you have accumulated profit, that should be a warning sign for you to stop and re-evaluate the situation whether you want to proceed or not. Remember, gambling can only go two (2) directions: either you win or lose. Depending on the outcome, this can literally make or break your situation like what happened to OP.

Remember that perfect is the enemy of good- as soon as you win, take out all the profits and bet on small amounts to avoid incurring any big losses from there.

I agree with your statement.

I mean, back in the early years of 2015, faucets were widely popular as sites in earning free BTCs in the process. You just wait and expect some BTCs to be received on your end, until it was integrated into some gambling websites. Nowadays, faucets are considered as a "waste of time" to majority of the people due to the nature of such. You spend hours and only receive a relatively small amount of BTC, which is just not worth it for the effort spent.

Anyway, freebitco.in is still the best website if you are looking for faucets. Any website other than that can either scam or waste your time in the process.

In addition with your statement, the only thing that is "absolute" in gambling is with its inconsistencies- either you win or lose in a given game. There can never be any guaranteed profit in the pursuit of gambling, unless you are a professional who have sponsors that can support such act.

This is also the reason on why most view gambling as a form of entertainment; and the element of profit is secondary to their purpose. If you view gambling as something that can be exploited for profit, then expect results that can go otherwise.

This is interesting- so it implies that Belarus has a local exchange where it can easily convert BTC to their local currency? If that is the case, it will definitely be a hassle to remove this kind of convenience, in which my local currency (Philippines) also offers.

If this is the case, there are still exchanges that offer p2p without having to show the transactions. Like most have mentioned, detecting p2p transactions are somehow impossible given the nature of BTC transactions.

Well even if this prohibition is implemented, I doubt that the citizens of Belarus would be affected too much- at most it is only the ease and convenience of conversion BTC - local currency is affected.

In the Philippines, if you were to purchase a lottery ticket and you subsequently left it dormant without claiming the prize money, you have one (1) year to claim it counted from the date it was drawn. Failure to redeem such prize would constitute a forfeiture on your part and the prize money would be re-circulated or donated to charity, whichever is the case.¹

For casinos, I think it depends upon the ToS and their rules/regulations about lotteries. They have their specific mandates and rules on how long the prize would be valid for redemption. As far as I know, the redemption period has a lifespan of at least <12 months in order to fully receive your prize.

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1 https://www.moneymax.ph/personal-finance/articles/lotto-jackpot-philippines#:~:text=How%20Long%20to%20Claim%20PCSO,prize%20before%20it%20gets%20forfeited.

I do believe that there is a correlation about being educationally gifted compared to others who lack the sufficient education to construct basic sentences.

Most of the time, most of the posts that are being merited are created by the ones who have a grasp of the basic construction of a sentence. You do not entirely need to be an expert about cryptocurrency; you just need to convey your thoughts in a simple manner where anyone could understand it.

While there may be some people who are knowledgeable about cryptocurrencies that only a few know (e.g. mining, etc.), still, you may earn merits even if you are not quite knowledgeable in this field.

As far as I know, they used to have an active campaign signature (where I participated for more than four (4) weeks) in this forum and the pay was relatively higher compared to the standard signature campaigns that are active currently. It is really weird that they provided a timeframe of more than six (6) months, which is somehow unusual.

I just checked its website and saw that there are active people who currently bet. You can see that the chat box has active people who frequently message, though I am not sure on how active they are.

If I were in your case OP, I would definitely reach out to sujonali (previous campaign manager of this website) or respond to their message and asking for questions on why it is that long before they can accept your withdrawal.

I agree with your statement.

Just like any kind of entertainment, it requires moderation for someone to actually enjoy the act. If you view it other than a form of entertainment, that is when your whole perspective changes. For example, if a gambler views gambling as a source of income, this will make it more of a liability than a stress reliever on your end.


Gambling is a form of entertainment as it depends on the perspective of the person. Sure, it may have destructive effects on the livelihood of a person that it absolutely depends on the latter on how he/she can control his expenditures.

Just because it can potentially destroy your life does not ipso facto convert it as a scam.