Freedom is priceless, but it's unfortunate that some countries are depriving their citizens of this right. The banning of Bitcoin is one of them, and the countries doing this are not wise but not entirely foolish because they have their reasons. Nonetheless, they are showing excessiveness in their dispensation of authorities as far as I am concerned. However, one thing these countries have in common is either they don't practice democracy or it is weak in the country.
Not all policies are completely good, and you don't cut the head off because you want to cure a headache. I pondered on this today after responding to a reply, how naive some of these countries could be as they (the government) and their citizens would be negatively affected in the following ways, though they are not the limit:
1. The government cannot earn through Bitcoin in terms of investments, taxes and others.
2. The citizens would be deprived of the fortunes attached to Bitcoin when they own it or do investments with it.
3. The citizens would be deprived of employment that could be paid through Bitcoin only, especially online.
4. They will be forced to embrace fiat with high transaction fees and a slow time of completing most international transactions, unlike Bitcoin.
5. The investors' confidence will slightly be affected since many companies dealing with Bitcoin will not be able to thrive under such conditions, so they go elsewhere.
6. Setback in blockchain and the technology attached to it when countries are yearning for advancement etc.
They do this in the name of curbing illicit financial flow, but the question is, is it worth it? I don't see a winner here if they truly have the love of their country and citizen at heart, they should have regulated it, not banned the coin.
What do you think guys?
I would have to disagree with a few things you said, unfortunately. But I also do agree with some of the other things you said. First of all, freedom is never without a price. In a country with like North Korea where your freedom is completely taken from you, the price to gain that freedom is a revolutionary civil war. Quite a heavy price. Our current modern, peaceful times in first world western countries has obscured that fact. Freedom is something which we should not give away, not even a bit. 1. Disagree. The government could just invest in Bitcoin themselves and they would see a nice profit. 2. Agreed. 3. Half-Agreed. If you have the internet you can earn Bitcoin for your work online and the government does not have to know, unless your opsec is bad. 4. Depends on the country. Enforcement in North Korea is different than the enforcement in US. 5. Agreed, but this will be temporary. The investors will see how little power the government has over Bitcoin and calm down. 6. Not sure what you meant. In a nutshell, no government can ban Bitcoin. No need to panic. |
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I am not sure what is the reason behind above breakout discussion about the roobet but as far as I have seen the activeness of Roobet, it is just at the top of this world. The owners look damn happy about their foundation that is Roobet and they are doing everything out of love and perfect financial business point of view towards it. That is why they are so much active to keep the casino engaged.
I mean come on, there is no single day I have not read, heard or seen anything about the Roobet casino. It really makes sense that they are having strong presence everywhere and keeping the engagements to organic levels. Without this, there is no Casino which can keep up the ever growing demand of gamblers with such high quality. <3 <3
Roobet is indeed a trusted casino and the community has been kept very happy throughout all this time that it has been active. Here's a thought: Perhaps the entire issue could become a new marketing tactic for online/offline gambling casinos? I mean old casinos are way more respected due to their history of happy "customers" (gamblers. Is a gambler even technically a customer? I have no idea ). If casinos were to take their historical moments (startup, small casino, famous investor endorsement... and so on) and put them together in a picture book/road map type of way, which illustrates everything about how their business started and the hurdles it has gone through to become so trusted, then I believe people would trust that casino much more. Its all a question of familiarity. |
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I absolutely love the cookies! They look very well made as well as exceptionally delicious. Is that on to top part of the cookie a white chocolate plate? Nicely done to whoever made that! The finished result looks amazing and I love seeing the Bitcoin business community so proactive! If one were to decide to sell or reward the cookies to the Bitcoin fans, I think that one could make a nice amount of money and/or become very well liked. I am not trying to turn this into some kind of a business extension or anything, I am just saying.
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i was on a physical casino and lost around 10 million pesos colombianos (2134$) on a roullete today. in colombia casino. i was at this point extremely triggered mentally and logged in on my stake.com account while at the casino and put 3000 usd on a double ball roullete in one bet and won 2.5x ( i am glad i recover. btw i am planning to take off some time off of the casino and do only sport betting. here proof of my wins https://imgur.com/a/GTk7k7chttps://i.imgur.com/xbjEN97.pngnext time when you feel hopeless and depressed take a line of coke cheer up and retry your bet. Many warm congratulations on your very lucky win! I hope you do something productive with that money like investing it (Bitcoin is always a good idea) or at least saving it for something. If you are planning on taking time off gambling, you should consider doing the same for all kinds of gambling. Just to reset your own mind into a peaceful state before going back into the world of gambling. Although, I cannot condone your advice for hopeless and depressed people to do cocaine and gamble because that will only add more problems for them. |
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Based on personal experiences in trading, personal research and observations, ive on my own personal terms, come to the conclusion that, there is two types of trader, and how risky trading be for an individual, depends largely on the type of trader such an individual is.. So without wasting much time, lets dive in.. My Two Types Of Traders Are -- The Awakened trader
- The Blind trader
The awakened trader is one who took their time to study all that there is to trading, including the rudiments, intrics and mechanics, they can read charts, they can effectively do technical and fundamental analysis, they know how important news drives the market and they follow news bumper to bumper. I personally will chose to see trading as an art rather than science, art can be mastered, and so is trading, those who master the art of trading, we call them professional traders, trading is their profession, this is how they carter for themselves and their family, they are the awakened type of traders, there are very few traders in this category. The blind trader on the other hand, are traders who guess-trade, they buy Bitcoin, not because they are sure it will go up in the next minute, but because they are hoping/guessing it will, some times, they guess right, but other times, their guess is wrong, trading is like sports betting for them, it is BUY vs SELL playing the match, they watch out for which side other people are contributing more to, are more people buying?, they will buy(FOMO), are more people selling, they will sell(FUD), they lack the will power to make there own original decision and stand by it, this is because they are not even sure of what they are doing, they are just guessing the market, this type of traders are the blind traders, there are very many traders in this category... To upcoming traders, which category do you want to belong? its your decision to make. I think there is also the category of the Pseudo-Trader. He did not actual study the fundamental or technical analysis but proceeds with his own thought-out strategy which is purely based on coincidences or fake analysis from influencers who pretend they know how to trade. Myself, I studied as much as I could and continue to study to this day. But really, its not something you can learn but something you have to also experience in order to learn. Which explains why I lost so much money trading as a newbie. But now I see that lost money as education fees. I would say that its definitely better to learn this stuff from a reputable source. |
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I am usually always excited about extra bonuses and rewards from online casinos but in every casino that I check out and compare bonuses, I seem to find little to no difference in potential profit and the whole concept is starting to feel like a rubber-stamped marketing tactic which no longer provides the old bonuses that we know and love. Nowadays it seems to resemble a McDonalds monopoly ticket- they used to have real, tangible prizes (even if mostly small). Now the tickets provide you a code with which you may or may not win something. And if you do win, its always some BS like 20% from some online noodle store when you make an X amount of purchase and you never even consider buying from them in the first place.
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https://nypost.com/2023/01/15/gambler-loses-massive-1-4-million-bet-on-chargers-jaguars-game/One bettor wasted a massive $1.4 million wager after betting on Los Angeles before the Jaguars mounted an epic comeback to beat the Chargers 31-30, according to Action Network’s Darren Rovell. It seems that a gambler has loss this massive amount (1.4 million USD) playing a bet with an odds lower than 1.01! (exactly 1.008) I think there are several lessons here: - there is not easy bet! even lower odds there is always a risk. - it's really risky playing an huge amount. This not helps gambler because the risk is much much higher then rewards! - gambling is not easy at all! it's really hard achieve a profit even for easy games! what your opinion about this gambling issue? did you had experience similar experience? how a good gambler should avoid such mistakes? I think we might be blowing the story out of proportion. If he has $ 1.4 million dollars for betting, he definitely has more for himself. I doubt he bet his life's savings (or at least I hope so). For some people 1.4 mill is not worth talking about. In fact it might just like losing half a years in earnings for them. Slightly stings to lose that amount but they will have more. lower than 1.01 is still something that carries a risk with it. Not as much as other odds but you cannot call it a sure thing. In fact, if he bets regularly, there is no doubt in my mind that it has happened to him before. |
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I really missed participating on this bonus since my account being restricted on participating the Duelbits promotion. Any promotion that involves Man city has a high chance of winning so make sure that you have a bet on it.
Why your account is being restricted on participating in their promotions? Does anyone here allow a chip in bet for the promotion especially those who didn’t maximize their 20$ bets? I’m willing to place bet on your Duelbits account. This offer is only for trusted user. I will send first the money for the bet.
Wouldn't it be something against the terms? With the fact that your account is restricted, you want to bet on other's account which means that you are breaking the restriction although you are using other's account which is not restricted. I think some people will be afraid to do it for you as if it is something against the term/rule, other's account that you use to bet on their promotion will be restricted too later. Have you asked support first about this possibility, if supports confirm that it is fine without any future effect on the account, I'm sure some people will be willing to do it for you. Otherwise, others wont be willing to risk their account. This is not the first time this week that I have read about users getting restricted from joining in promotions and bonuses. And this news comes not only from Duelbits but rather it is happening on various online gambling casinos. I would also love to know what this is all about. Is there some sort of conspiracy or regulational changes going on that we do not know about? Either way, if you help someone with a restricted or banned account to circumvent the ban, you will find yourself in trouble. Best to avoid such requests. |
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Does this have anything in common with the news of Iran and Russia trying to scheme together a gold backed shitcoin? Source: https://bitcointalk.org/index.php?topic=5435959.0Putin obviously wants to be in control of their new crypto. As does Xi, I imagine. And there is no chance in hell they would ever be in control of Bitcoin, so there is no point in Bitcoin for them nor any other cryptocurrency which is out of their control. Obviously this is a case of bad politicians not understanding the prerequisites of decentralized money. There is no point to using Blockchain to gain independency and freedom from third parties when there is a centralized source of control. |
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Coindesk revealed the Bank of America has been researching CBDCs and it seems that they are closer than ever. The report considers CBDCs to have a lot of potential and was a natural evolution of money. According to Alkesh Shah, "CBDCs do not change the definition of money, but will likely change how and when value is transferred over the next 15 years." He thus added that central bank digital currencies have “the potential to revolutionize global financial systems and may be the most significant technological advancement in the history of money.” Central Banks are already exploring the whole notion of developing CBDC systems so this may come sooner than one might think. What do you guys say? Ten years ago, I said that it would take 10 years for governments start adopting CBDCs. Now that 10 years have passed, some countries have already adopted it but it is still not mainstream. How long do you guys think it will take for CBDCs to become the norm? I used to be a bit frightened by the notion of a centralized, transparent and regulatable government money. But lets be honest here, even when or if some government in this world decides to enforce such a money system on the people, they will automatically run towards freedom. Towards Bitcoin, the complete opposite of that system. And Bitcoin has proven time and time again that it is impossible for any government to control it. CBDCs will be a failed experiment which only pushed people into the right direction. At that point BTC will become the one global money. |
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Rollbit is big casino so for sure they have big plans on RLB, maybe we cannot see that these days or on faster timeline other expect but for sure their are big plan on it. Listing on Ccex might come up soon as this could really add some good boot to them once they can successfully do that.
I wonder how much the price RLB in the next 6-12 months after it's get listed on centralized exchange, because it will show the fair value of the token price. Right now RLB token price is surge, it's similar like the other casino token that has been exist since long time. However the other casino token doesn't improving at all and still remain on the same position, it's really interesting if RLB can survive for long considering Rollbit is really following the hype. You really should not compare different business models in order to determine the success of the coin/token. RLB might not be like the others and it might surprise us. But that depends on if RLB has anything behind it generating value. And the more expansive this value generation is, the higher the speculative price will be. However having said that, how often do we see unicorns (As in rare booms on the market, like tokens that go x100 in value)? It does not happen very often so your best bet is, if you were considering investing, at least not to put all your eggs in one basket. |
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Why I think proof of stake is bad and bitcoin is the only true decentralized crypto. Everything else is a scam as we have seen with so many major altcoins imploding over the years. Anyone else agree?
1. Proof of stake tokens such as ethereum can be generated out of thin air in unlimited amounts. The creators can give themselves as much as they want and dump it onto the market whenever they want. Proof of stake is no better than the fiat money system where money can be printed by the central bank in unlimited amounts.
2. As we have seen over the years maybe 90 to 95% of crytpo scams have been perpetrated on the ethereum blockchain.
3. That is why proof of work is so much better. It takes a lot of work and effort to mine the bitcoins. Bitcoin cannot be simply generated out of thin air like ethereum and other sh*tcoins. Ethereum and 99% of altcoins are unregistered securities. The SEC and CFTC have both stated bitcoin is the only digital asset recognized as a commodity in the United States. Everything else are unregistered securities.
4. Bitcoin is the only crypto I can think of that doesn't have a leader or small group of people controlling it, which makes bitcoin perhaps the only digital asset that is really trustless. Ethereum has Vitalik Buterin, Cardano has Charles Hoskinson, Terra Luna had Do Kwon, etc. You have to trust that these people will not one day decide to steal all your money and run.
There are probably many other reasons why I believe proof of stake is terrible but these are a few I can think of right now.
Proof of stake isn't necessarily bad. Its just bad for Bitcoin. PoS would not only centralize Bitcoin but it would take away everything that makes Bitcoin Bitcoin. Now for altcoins, sure PoS can work quite well because thats what was envisioned. That does not make every PoS altcoin a scam. But it makes it possible for any PoS to become a scam. But nobody envisioned Bitcoin to be Proof of Stake. And I am strongly against PoS for Bitcoin. It is not an improvement and the only motivation for implementing PoS is the negative impact on the environment as the byproduct of electricity generation. And PoW needs a lot of electricity. Some people point the finger at mining because it consumes electricity, which pollutes our planet, the more we generate it. But the real problem is the dirty way we generate our electricity, not the amount of electricity miners require. |
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I am happy to announce me and my team are developing couple of table games , that will be played versus player and multi player tournaments , a public chat room for players:
more information will be released , we are building it around a Defi Token project for it to get enough publicity for the games platform.
Sounds great. But player vs player brings a lot more complexity to the game than only single player. What kind of games will you be introducing? Skill based or luck based? Or perhaps a hybrid of both? I would love a challenge which is not only luck based but has a skill based component to it. But you cannot make a 100% skill based game since it would be too easy to cheat by simply writing a few lines of code to automate an algorithmic process which, like in chess, wins every time against humans. We will be waiting for your future updates! Good luck! |
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 pterodactyl pattern confirmed, it will soon fly away! I remember the times we used to pretend TA was real. Oh the fun times we had when certain members lost all their money from shorting a bull market because somebody drew a rigid line under a squiggly line. |
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I am putting all my eggs into (mostly only) one basket. So 80% of my crypto portfolio is Bitcoin. I do like day-trading with altcoins using self-custodial wallets and DeFI so I have some maybe 20% aside in the second, somewhat smaller basket. I do not like having traditional investments like stocks because in my country they make the entire stock buying process a bureaucratically hellish experience and I am too lazy for that.
(Tip: The biggest investment risk with crypto is storing your crypto in third party custody wallets, like exchange wallets. Avoid those kinds of custodial wallets and you will be fine.)
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You should consider first and foremost that Casinos are a business and the bonuses and rewards they offer are meant as marketing tactics, not a business transaction. So I am not sure about how legally binding the payout responsibilities are for bonuses or which bonus agreement details (in the TOS) you go into when you sign up an account on Sportsbet, but I think they do not want to give you a bonus because they would be losing a lot of money. Especially since you bet such large amounts and there is no point in wasting marketing funds when the profits do not justify the losses.
But again, I am no lawyer and have no idea what terms you agreed to with your sportsbet account.
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Anthony Yarde may hold the commonwealth light-heavyweight title but thats compared to Artur Beterbiev and his WBC, WBA and IBF light-heavyweight belts. Yarde himself said that he seeks redemption against Artur. But I doubt that will be enough motivation and will-power to actually defeat Beterbiev. The only people that say Yarde is going to be victorious are saying so out of nationalistic pride. Its quite clear to anyone that Anthony stands no chance against Artur.
We will probably see a nice KO. Easy winning bet, in my eyes.
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It will be great if some one help me by setting up a Blockchain Court of Justice ? I think the legal matter and Justice need the decentralized, non government Blockchain Court of Justice, where any one and every can cast their verdict as Jury after reading the case submitted by the Victims.
How would you even attempt to decentralize justice? Even with our most modern first world justice, we still see problems like condemning the wrong people. And the laws cannot be interpreted exactly the same for every situation. And every situation is unique. So this is why we need a human judge to make a ruling. Although if you were to ask me, I do not see the use of Blockchain in justice. I would prefer to decentralize everything possible. I am not against decentralization. I just don't see blockchain as the solution. Maybe you could store past case information on a blockchain? |
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I will never be able to understand the thinking behind the minds of people who listen to influencers who tell them how to live and how to spend their money. How much of a mindless sheep does one have to be to let someone take control of your finances and your life like that? And the only reason being that they are famous, (usually for nonsense reasons) does not provide me or anyone else with reassurance that the influencer knows what he/she is doing. That is not something that should inspire people into throwing away all they have.
Why not trust in the advice of someone who has years of experience with investing?
I guess some people have too much money...
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Understanding the market movements is not an easy task and not everyone can do it. It is important to remember that if you want to make sure that you could make a profit, then you should also realize how the market moves. At first it may look like bitcoin went up and some other token you were holding didn't and this may upset you.
However, if you know the market then you know that bitcoin leads it, meaning it doesn't go up to hurt others, it goes up to lead the others to do the same. Now, is there a chance other tokens may not follow bitcoins movements? Of course it could happen, but there is a greater chance that they will usually follow after a while.
of course it takes expertise to be able to analyze the market usually experience in crypto for so long can make someone an expert to analyze prices, after all everyone knows that bitcoin is the father of all crypto but sometimes tokens and other crypto always want to replace bitcoin while they are just a child kid and just born yesterday bitcoin has been around for so long that nothing can replace it so everyone has to follow the price of bitcoin because most crypto markets have pairs on BTC Anyone can predict the market even the non-experts and they still can predict it right if they get lucky while there are experts who still can fail no matter what they do. To become an expert is not easy but one must build an adequate experience first. This was still better than having less or no experience at all because it allows us to be familiar on some things pertaining to the crypto market. Not everyone knows that BTC is the father because if it's true then they shouldn't look for other coins and then they will start on BTC first not in those shitcoins. Those coins who are still new or small are too ambitious if they have plans of replacing Bitcoin. A much older and better coin didn't even have that mindset. Predicting the market? Are you talking about the kind of prediction one could reach with looking at a candle chart and using technical analysis to figure out the direction that the price is headed? Because thats still not really technically possible. Sure, with market research and hours of work, you could improve the probability that you guess the right direction but in the end, there are always unknowable and hidden variables which cannot be known. Like the FTX scam case. Who would have thought it would happen? And even harder to predict: when it would happen? Predicting the market (or attempting to) is basically gambling. If you believe in your investment, you do not need to flip flop between buying and selling. |
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