That is good advice for rich people. But not really something that 99% of us need to worry about in our life. Worst case scenario, you brag about being rich on the internet and the "bad people" dox you and break into your 3-room apartment because they believed you. Now once they find out you have no riches, they might do something bad to you out of revenge. There are enough scummy people in this world.

But I do agree with the KYC part. That is very sensitive information, which should be handled with care.

Well hold on, this might be a different matter of legality if he does not live in the USA but rather only wishes to play on winz while he is in the USA. But does that change the fact that he is from another country? If you go to study abroad, does your Netflix subscription become voided? No, I could watch Netflix no matter where I live as long as I have paid for it and have access to the internet. I think the same circumstances should be true for casino players who are visiting a different country.

Yeah, I would agree with that. The introduction of cryptocurrency and decentralization to online gambling really gave people a bit more breathing space. Gambling had way too many regulations and silly rules which made gambling not very fun at all. But with crypto as a payment system and a smart contract underneath, casinos can automate their business and throw many annoying, outdated regulations out of the window by force.

Merry Christmas, everyone!

I hope everyone got something nice, whether a gift for oneself or a gift from a treasured person. Hopefully everyone now has more Bitcoin than they had before!

We should perhaps think of a new traditional way for Bitcointalk to celebrate the oncoming new years in a way that only a true Bitcointalker could appreciate. If anyone has any ideas on that, feel free to mention anything!

 

It is sad to see how many people prefer comfort over security. Comfort, its the very reason why they keep giving their coin to third party members and give away their personal information/government documents to faceless entities. When will they learn the two most important lessons in the world of cryptocurrency and blockchain?

First: not your keys, not your coins. Second: be your own bank.

Those are the two only rules you need to never be tricked into giving up your money/anonymity/control.

And of course the affected people will find a way to blame Bitcoin/crypto for this, instead of improving themselves...

I would have to agree with the previous poster. Attempting to judge the price performance of the BFG token (or any crypto) during crypto winters is not a very smart way to Gauge the realistic future APY. You should instead be comparing how the price is doing on a more selective scale. For example, is the market cap corresponding to the drop in price the same way other similar tokens do?

If the only factor which is inducing a bear market of the token is the overall crypto bear market then that alone is not enough information to judge a token.

Well, not to be sounding like a bit of a prude but I doubt most gamblers use VPNs because they are afraid of the online gambling casino registering their personal information. The very fact that most casinos can demand a KYC at any time should make hiding your IP a bit of a unnecessary task for any person who is allowed to gamble in said casino. I think most VPN gamblers are either not allowed to gamble by the laws of their country or they are not allowed to gamble in a particular casino. So obviously a anonymous user secretly gambling can be construed by the rules as a suspicious enough reason to demand KYC. At which point they are in trouble.

Well OP answered that. A tight knit community is the answer.

But if that happened in a highly populated city/town, it would be a bit different.
It took me a while to think of what an answer to the question could be in such a case- in a more populated world (like the western world). But if I had to take a guess: I suppose to either flex ones cooking (kind of a rubbing salt in his face situation) or it would be to brown-nose the owner in hopes of getting special treatment when visiting the restaurant next time.

Although having said that, it does make me sound like I may be a bit of a downer with a pessimistic view of the world.

I am not sure why you have 2 different questions in your post and 1 random question in your topic header but I will try to answer, to your topic question of if I think buying BTC is worth more than mining hardware:

I think that your perspective on this is wrong. At some point, your investment in those ASICs will be covered by the mined Bitcoin profits. And once you have regained the money you invested, you will be mining for profit, having to cover only your mining bills (electricity, rent and so on...).

Now, if your mining bills >= Bitcoin profits then obviously mining Bitcoin with ASICs would be useless as you would earn no profit and there would be no point in buying ASICs in the first place.

So the question you should ask yourself must be: Is my government ripping me off when it comes to the electricity bill ?

Oh wow, really? I have not heard anything about a Manny Pacquiao vs Anthony Mundine exhibition fight!

Is this fresh news? The article was seemingly posted on the site December 22 2022.

Well even if this is just rumor or not, I doubt Manny Pacquiao is going to lose against the already retired, 47 year old Mundine. Although I doubt that age is the issue here, as Manny himself is 44 and and retired. But since Manny retired only last year, he definitely has way more fight in him than Anthony Mundine.

In my eyes, this is not an even fight. Manny already won.

Anything that a casino could regard as suspicious behavior. Although it might be worth noting that the term "suspicious behavior" is usually not defined by any online casinos for the purpose of keeping their reasons a bit "fluid". In the case for example that someone is moving money in ways that could be seen as money laundering or if someone is using a bot to try to cheat the system or the player logs on with different IP addresses everytime...

The casinos need to make sure they are not involved in any illegal things like allowing players from forbidden countries to play on their casino or having their casino used to launder money.

If it were up to me, I would prefer the casinos did compliance checks when the account was created instead of later, on the grounds of suspicion.

I guess that confirms it. Bitcoin causes mental illness.

Goldkingcoiner has heard that talking about oneself in the third person is a sign of mental instability.

That being said, I think we have seen the bottom as well but it feels like the whales are preparing to spook shakey hands just one last time with a bear trap.

Investing nor saving for old age are not a waste of money, I would say. But then again that is a relative definition. I think everybody has a completely different interpretation of what "wasting money" actually means. For example, if I were to buy clothes, I would see it as a waste of money if those were brand clothes with thousand dollar price tags. I prefer good quality but decent price. Another person would see it as an investment into his social life because he is surrounded by people who think the same way.

For me, I think its both good to set aside money for old age but also it does good to not forget to live in the moment. We are alive now. Tomorrow is not assured. So saving every single penny for old age is nonsense.

I say its better to save/invest half your extra money and the other half spend on meaningful things.

I think all complaints, regardless of whether or not there is sufficient evidence should be taken seriously by the casino itself, because thats their "customers" who are unhappy with whichever service or reason. Its really in the gambling casinos own interest to be concerned about helping their players feel comfortable because if they lose players, they will lose money. And even more if the players go on a rant online about how bad the casino is, and thus they will be damaging the reputation of the business and spooking away future customers, regardless of whether or not they have evidence for their claims.

Exhibitions fights are basically there for two reasons, as I understand it, the first reason is for marketing and PR purposes. Obviously every fighter has to keep up their own appearance in their social media as well as for whichever marketing team is helping them out in the news headlines. I am guessing that if they did not do this, then when the real fight starts, their audience will be much much smaller. And therefore they will make less money.

The second reason is to gauge their opponents strengths and weaknesses. Preparing them for a longer and harder fight.

Sure that  might be true but then again, that depends on what you mean by casinos remaining consistent in maintaining the value of their tokens. There will always be dips and dumps as well as pumps and moons. Everything that goes up must come down. So you cannot really judge a casino by short term value but rather you would have to look at the all time-value of their tokens/coins. Meaning, if you invested from the very beginning, would you have made a decent profit or would you have lost money?

I think the more large, institutional investors, the more valuable the token. The amount that the players bring is quite tiny, compared to that.

"Mistake"

They must have given Dad a NFT for Christmas instead of Bitcoin. Its very understandable passive aggressive behavior.


I would not recommend listening to the financial advice of anonymous Twitter "influencers" with Matrix profile pictures. But thats just what years of being in Bitcoin have taught me: Buy or regret not buying.

I don't know about you guys but I think the complexity of current AI is being given a bit too much credit here. I can totally smell when some text is fake and generic. Its all about the subtlety. And even if somebody created a bot to bump posts or cheat signature campaigns, I think we would be able to detect it. Perhaps not immediately but there would be signs at some point. Humans make mistakes. Grammar, typos, thinking errors like brain farts. You cannot really replicate those tiny human imperfections perfectly and they are what makes us what we are (yet).