Anyway, don't underestimate "waggering user" why? because they can reach 2,000 - 5,000$ wagering with only 5-10$. So up to them mate!
You are right, but it has a opposite side too. I was capable of wagering a good amount by using the wagering strategies with small losses. Even I had made profit a lot of times by using the wagering method. But my luck has disappeared and I'm losing 10 times more than I would lose for the house edge. Stake.com has become a money eating machine for me now. I have lost 90% of my deposits at Stake in the last few months. This happens when your mind takes a transition from wagering to win some amount. While one is into wagering, the prime focus will be to avoid losses and this can be done with high winning chance and low percentage of risk. Even with such strategies we fail, that's our bad luck, but when we try to win and make good profit amidst the focus on wagering we'll easily loss big money and here blaming the particular platform doesn't make sense. In my casino, I usually being more careful If I'm targeting a high wagering amount which makes me win as I progressed and stay longer on the casino. I don't really have a target wagering amount but when there's a tournament, I like doing it slow and consistent given that I only have one chance as I deposit only one time at a casino and following my strict casino budget rule. High wagers are very possible if you do it slow and careful, as long as you are aware on what you are doing, You can reach a high amount of wagers just with a tiny deposit. |
|
|
|
-snip
Marketing strategy is a big thing but if your platform is still not good, I don't think it will work for you. Roobet is good on their marketing strategy and their site is good, that's why they are one of the best site today and they can't stop doing such promotions because its very effective for them. If you are planning to create a new project, you have to consider spending half of your money to your promotions, that can help your site be known to many investors/players. Definitely not an assured thing no matter how big or generous the bonuses or on how big the marketing would really be done if your site is offering something shit then its not really that shocking that it would failed up.This is why its really a combination of good offering and overall factors which are intact and could boost up peoples interest and recognition.This is why having a successful career path on gambling investment or platform is never been that simple as an owner.Roobet had just proven out that despite on having those KYC issues and complaints or changes but still they do really have that intact or concrete plan on how to run on the business well. Yep I agree with you. You should also consider the quality of casino you are promoting given that even how much visitor you have on your casino. If they don't deposit and play on your casino because the quality of your casino is not that attractable to play, The promotion basically isn't attractive. There are some casino characteristics that gamblers want and Roobet and other reputable casino nailed it and they have succeeded in attracting those patron gamblers. If you are a striving casino, spending half of your money on promotion is I think not that good of a move unless you're casino is an established one and have a little to no problem in your casino at all. Also if your casino be able to handle a massive amount of traffic on your casino. This is why there are casino who is not doing massive promotions because there are chance that they can't handle the massive flow of gamblers. Additional Man power is a must on a fast growing casino. |
|
|
|
-snip-
That's why I told that (It's based on overview article). Most the time, keywords, review and other aspect for the answer. So, the list is not 100% correct and some of "site-casino" is included. Need to be listed by our self as well, since the data is from internet too. The data is from the INTERNET only. Not sure what is the algorithm behind fetching those results but definitely it could not be validated just like that. We should really have less dependency on such results or questions which are vaguely answered based on what "others" have written somewhere on a blog site or review site for that matter. I would not hold my breath on whether people will eventually learn that artificial intelligence can be reliable to substitute an appropriate investigation on ourselves. For example, I already have a friend who is getting used to using AI to ask for questions and information to work with, instead using a browser and search for what he needs manually. Imagine a scenario someone new to gambling ask the AI about a reputable casino and ends up using 1xbit or any other shady casino because the massive shilling on internet affects what the AI says.  Oh yes, I have just did it and it turns out to be a disappointment as I don't see AI tagging 1xbit as a straight scam site. Asking an AI if 1xbit is a legitimate casino and this is the AI answer. I'm using chatGPT-3 and chatGPT-4 which is open to the public. chatGPT-4 is much more better than chatGPT-3 and the results show how better it is. A stronger AI doesn't give a definite answer about legitimacy thus giving advice to the user in making their own research about the casino. I guess that the answers will depend on how strong the AI you are using as better AI do have more power. chatGPT-3 chatGPT-4 |
|
|
|
I am not an altcoin fan but lately, I have spent some time on the alternative cryptocurrency board and I have seen a lot of topics bordering around whether or not to buy some coins and this makes me wonder why altcoins investors are full of uncertainty and always wanting to know the opinion of others before they invest.
Is there any other reason for this other that the high risk and high volatility of altcoins compared to bitcoin?
Are they asking because they know there are special skills in altcoin analyses or some people are good at picking g g the right coin to invest in?
Altcoins are known to have higher risk and volatility than Bitcoin, which can make investors feel uncertain about their investments. Additionally, the altcoin market is vast and constantly changing, with new coins and projects popping up regularly. As a result, investors may seek the opinions of others or rely on specialized analysis to help them make informed investment decisions. However, it's important to do your own research and due diligence before investing in any cryptocurrency, as ultimately, the decision and responsibility lie with the investor. I believe that the volatility will depends on what altcoin we are talking but majority of the altcoin is just as volatile as bitcoin especially those who have active market pair. I also think that not all investors are seeking a public opinion about the project given there are so many shillers in the market and a seasoned investor can identify a good project with the available public details. With the rise and increasing projects, Investors has developed their own way of detecting a good altcoin project from bad ones. Even new investors is trying to copy what seasoned investors do in filtering up projects. |
|
|
|
im still hunt because im here from 2017, that a long time ago, even if i only get little by little money from here or some airdrop.
i still hunt for that, because it really pay and i can earn money, we know maybe that not at all we can get money, like mostly project will fail than success.
but its not problem for me because I'm used to this situation.
It's possible that you can still continue to earn income from Airdrop. Especially for those who have a lot of followers on social media accounts. Or they have a telegram group that is managed to share some information from Airdrop via referrals. But for me it's something difficult. I don't have any of that, social media with low followers. But unfortunately most projects launched via Airdrop have a low success rate. Yes, it's not wrong if we try it, of course 1 of the many that we join will be successful. If you are really serious and you want to earn on airdrop, Yes it is very possible to still earn money though it will be a tedious job especially if you will start from scratch like having little to none follower count on social media. But yeah, There are still method in increasing social media followers or telegram members. I still don't recommend doing airdrops though given that it is still a hit and miss and the miss chance is just so high that you will be disappointed to see how many failed/scam project you will be encountering and just trashing your efforts doing their task to be eligible to their airdrop. |
|
|
|
Be careful investing your money on any project that has GPT add to it's name, some are half backed and others are completely scam projects, I invested in one openai and I got scammed, I bought the tokens on BSC and I was unable to sell later, I later found out that no one was able to sell their tokens on the open market.
Yes we should be cautious, but this one rather be safe than other small time project on bsc that sprung one day since this one got some back up and has real developers since daomaker have requirements before joining their Sho so there are legit people working behind this one. Though we must be careful since its related to a hype "gpt" at the moment. Scammers is still talking advantage of the a hype trend. AI projects is now on a trend on investors and "gpt" word is now being incorporated on projects because of the successful AI chatgpt. They can easily get identified as an ai project by an investors if they use "gpt" word in their project name. I personally don't like this clone type projects since it is usually made by a scammer. There have been a couple of instances already that they are cloning even project names then disappear with the money of their investors. Real projects is using original name and the one who are starting a trend. |
|
|
|
Hardware wallets are not really that expensive, a Trezor One costs 69 dollars and if you are patient you could get one even cheaper when there is a discount, and while I understand that there are places in which 69 dollars can be a lot of money, if you are holding some altcoins and they skyrocket at that moment you could easily afford a hardware wallet and diminish significantly the chances of being hacked and losing your coins to them.
For beginner $69 seems expensive but according with how secure when holding or saving assets there, I think secure or not our assets is not depending where are saving place but how take it keep safe with trusted website access. During saving cryptocurrencies assets in trustwallet, metamask or any other dapp wallet keep secure when you have other back up wallet using for transaction or swap on dapp exchange. Many people hold their assets between trustwallet or exchange wallet but never access with risk and unknow website for swapping their coins and right now keep safety without any hacked. Newbies are still newbies and I think they are prone to hacking given that they don't have much idea on what they are doing or what to avoid for them not being hacked by someone. Those wallet you have mention is safer compared to those custodial wallets and there have been instances that those wallets are being hacked, Of course using strategic methods by hackers. It's a very rare scenario that someone could hack a hardware wallet this is why holders prefer using it rather than any wallets out there. A couple of dollars wallet will serve you for years and for sure you don't need one after you bought one. It's an investment for someone who is really serious in crypto. Though not an obligatory purchase. |
|
|
|
Decentralized exchanges have been gaining popularity due to their transparency, security, and lack of central authority. While Binance is still a popular choice for many, the shift towards decentralized exchanges such as Uniswap and PancakeSwap may continue as users seek a more secure and reliable option.
But not would equal to those CEX when it comes to popularity considering that DEX is really that recommended if we do speak about security of our funds but we know that there are CEX features which cant be outmatched by a DEX and this is why its not shocking nor surprising on why it is really getting more support by the community. The liquidity and volume is the proof that majority of us do really loves to hang out with these centralized platforms.Yes, we do know the risks but we do let it aside considering on the perks and the usefulness on dealing up with these platforms. It is really just that we do need to bare up on what dangers it do poses later on. Yes both CEX and DEX do have their own advantage and disadvantage but I think both are important in crypto market and It will US users who will suffer incase one of them didn't exist. It always better to have choices. I personally use both, CEX for it's features that don't exist on DEX and the ease of use of it. It is also much easier to introduce a newbie in a friendly environment that a CEX have and bring them toward DEX when they have the necessary knowledge of how crypto works. Sooner or later, I hope that we can see DEX that will offer features CEX. When that time comes, I will probably go on an all in use of DEX. |
|
|
|
It looks total crabs that without btc altcoin has no value streaming on its own. I observed several occasions when btc experience downtime, it affects the rest of the altcoin and when it pumps altcoin experience likewise. I classified bitcoin as 🚜 tractors that levels prices of altcoins. ETH is second world best crypto that occupied core ria marketcap in the crypto market but yet it cannot survive without btc.
That's mean alternatively, if btc falls flat altcoin will dies off. What their deep relationship? Why btc important to altcoin, what's the connection in between? Will altcoins really survive without btc?
If BTC falls, I'm speculating that most altcoins will be dragged along with BTC. This happened couple of times before and today we can see how other altcoins are connected with bitcoin price pump, Bitcoin price pumps today and I believe that the majority of altcoins where on green on the last 24 hours because of bitcoin price moving upwards. I'm talking towards the top 200 altcoins in the market don't get me wrong. Those sh*tcoins are not affected that much. |
|
|
|
The price volatility of bitcoin make it hard to be taken as a daily currency for payments and that is why most people take bitcoin as an investment, but the fact that we have other stable coins which can be use for daily transaction and fast it become more accruable to take Bitcoin as an investment.
Because if you take bitcoin as a daily transaction currency it should be done in bits-bits and not in dollar average costing.
I agree that the cryptos' volatility would be the main barrier for it to be considered as a daily currency. You wont probably want your sale for a product to less of the value you set. Also, the technical aspects of it makes it overwhelming to most. But, I don't say it wont happen since it has full of potential but you should be able to understand fully how it works so you won't make any bad decisions into it. Volatility doesn't mean that you will receive less all the time, Bitcoin is volatile and it could pump it's value any time and it will depends on the merchant if he is capable of handling the risk of the volatility characteristic of bitcoin. I think no merchant will accept bitcoin without knowing it's characteristic and the risk when accepting cryptocurrencies. Not everyone is willing to use bitcoin for purchasing goods because they know that there are better altcoins to do the job. Bitcoin for me is much suitable to be called as an investment since I personally believe that the chance of it appreciating is much greater rather than any other altcoins out there. |
|
|
|
There, you understand it very clearly! It would be right to give clients the choice to withdraw funds (not necessarily to Binance and Coinbase) and decide whether to sell out at a discount or wait for what happens next. I don't have much money on FJ, but the very fact of such an attitude did not please me. I came to this thread hoping to see a coherent explanation of the situation from FJ.
I too understand point of view but they have suspended the USDC transactions so you can't withdraw or deposit it. If it was that they only suspended the gamblers from gambling with USDC, then it would have been a different case. Anyhow, I see that USDC is now recovered to 0.98 and it is a fast recovery. I hope it will again peg to one dollar and hopefully fortunejack resume the transactions. I cannot deny the fact that people whose USDC balance gone will be worried especially when scam of casinos happen everywhere. Fortunejack should have given a notification email to its users about the temporary suspension of USDC and at the same time should have given a noticed that due to the suspension, their USDC balance won't reflect. The way fortunejack tackle the USDC issue is somehow unprofessional even though we know that this Casino is proven to be reputable. This action made lots of USDC holder worried, and I believe FJ should at least make-up for the fuss created by the sudden suspension of USDC that cost a lot of worry from its user as compensation for the abrupt action of their management when all things is back to normal. Most of the holders want's to make their money safe and I guess FortuneJack knows that there would be a massive USDC withdrawals in their platform that's why they halt all of the deposit and withdrawal transactions of USDC in their platform. I understand that they need to act fast but it would be better to give a warning to their gamblers that they will have a halt in USDC transactions. This could happen again in any crypto platform including Fortunejack. Though I doubt that this will affect their reputation. |
|
|
|
As you may know or not, FireDAO is a newly launched project that intends to build an on-chain economy based on DID system and SBTs. I am with FireDAO team, in charge of the global community buildup. To be honest, to promote a new project is never easy and I was wondering what strategies or measures you would use to promote FireDAO effectively. We are open to any advice and also questions that relate to FireDAO. Please share your views. Thanks.
Promoting your project maybe the problem you're thinking of right now but in reality getting real investors is real hard since investors looking for a decent project to invest in and not only a project without any development so rather than keeping busy yourself from promoting your project its better to start giving your community the best project, a great team, good product, good roadmap, and real progress for the community. If all that is in your project you can easily find investors for your project. Of course, We are on the time that crypto projects should at least have some working product to show to their potential investors. Back in the day, Projects can attract investors by showing some hypothetical products and amazing road maps that has a possibility have a big impact or has a chance to change a part of the whole crypto space. As we have seen these projects, Only a handful ones still exist today. Most of those projects doesn't even came to the point to have a working product, Most of them are just disappointments and pure hype. In terms of promoting, It would be a must to have a alpha product before going all out in promotions. There are different ways of promoting a product and the most common way to promote is to do social media marketing or influencers which tend to be the most effective way in crowd funding a project. |
|
|
|
|
This is why we should read ToS of these "free bitcoin" earning sites, Most of them has ridiculous terms which is obviously unfair and not worth it to join. The one who are really earning to this scheme are the owners of the "free bitcoin" sites. Imagine that they are trying to make you lure people in their site and at the same time making you run another set of advertisement.
There are nothing free in this industry anymore, you need to offer something like service, identity or efforts just to get the reward you deserve. At the end of the day, This kind of sites is just a waste of time. Focusing on other things such as learning is much better than wasting your time earning there.
|
|
|
|
Always the popular ones, no matter how the market behaves. Even if there is a bullish run, if the project won't have that much of popularity, it will be still at risk of failing. The reason is demand. Popularity simply creates demand which is the determinant of the market price and outcome of a project. At this point wherein there is no clear trend line, would it still be advisable to invest before the bull run given that there's no certainty of when will uprise movement take place. Therefore, patience should be more given attention than risking that much for new projects.
Yep that's right, This is why projects are spending money on marketing when it is the correct time. We have seen this last bull market especially on the time where everyone wants to invest on a hype project. Project product is also another thing that contribute to that demand. Project utility is important as people base the project future or see the market demand for it. At the end of the day, Seeking for those gems are hard and investing on them is always a gamble. There's a lot of things that can happen on project and on the development, The best thing we can do is to just pick the project among other project which we think that has a great future a head no matter what trend is in. |
|
|
|
|
I believe that bear market is a building season for projects. For sure projects that has a little to no funds will struggle at the bear market but those projects who has funds and only intended for the project building will take the advantage of making potential investors see their growing project and there will be no rush in developing, The result will be quality for sure. I've seen project that build in the silence last bear market and took advantage of the bull market with a working product which users enjoyed. Let's take axie infinity as an example, We all know that they made a significant advantage in play to earn hype last bull market and it's because they have a working product that had they have been developing since the last bear market. Today they are still building and hoping that they could get a second chance in the market popularity.
|
|
|
|
coins.ph user ako since May 2014 pa. Si Ron pa mismo nag activate ng account ko. Na meet ko rin siya sa noon 2014 BitcoinPH meetup sa Taguig.
Malaki tiwala ko sa coinsph dati since ginawa ko sya cold/main storage and main exchange ko. Malaki rin naitulong nya sakin noong kailangn ko mag papalit.
Pero ung KYC ung naging main issue ko sa knila.. almost every year need mag update. Ilan beses n rin ako na limit ung account kapag hindi ko maverify agad ung account.
Last Nov 2022, tuluyan ko na inalis ung mga funds/crypto ko sa kanila. Yun din ung time na first time ko gamitin ung Binance P2P.
Naabutan ko din na si Ron pa yung CEO ng coins.ph at masasabi kong naging maganda ang pag handle niya kaso nga lang ganyan talaga ang mga start ups, kapag merong bigger corporation na interested bilhin yung company mo at maganda ang io-offer, kailangan mong i-take yung opportunity at i-let go yung nasimulan mo para ipagpatuloy ng iba. Hanggang sa binenta din ng nag acquire galing kay Ron tapos hanggang kay Wei na, sobrang layo na ng nakasanayan natin na coins.ph. Uy naalala ko siya. Nakakabring back memories din yung mga inquiries ko dati sa mga support nila like Thea which is napakabait and sobrang approachable that time. Isa siguro yung sa nagustohan ko dati sa coins.ph ay ang mababait na support staff nila. Di pa ako masyadong knowledgable sa crypto that time and they pursued me to know more about crypto which is a very good response sa support ng isang crypto wallet. I just don't know hows the current performance of coins.ph when it comes to customer service pero I commend the OG customer support of coins.ph. |
|
|
|
We don't know whether the case can be resolved or will continue to be like this but hopefully, there will be goodwill from the casino to solve it even though we don't know when the case will solve.
Goodwill from the casino? Seriously? This is 1xbit that we are talking about. They don't care about their reputation in this forum which is why they are unfazed by the rising scam accusations against them. They rarely resolve complaints for various ulterior motives based on what I observed. I don't think that 1xbit is still thinking on how to improve their reputation. They don't really care about the scam accusations and also don't have plans to take care of it. The goodwill will never come because they know that even if they resolve all of the previous cases they have, This will not change the bad reputation they have for a very long time. They are just running their casino for the sake of getting profits and scamming people. Imagine that they spending more on advertisement rather than solving the previous accusation against them and solving and paying those victims. This ultimately show how greedy and ruthless the owners are. |
|
|
|
Before 2022, there was no such requirement to fill KYC 1 details, now it is mandatory for new users and they have made new benefits for verified Stake accounts. High rollers usually don't hesitate to fill KYC level 2 to protect account but this has some downsides as well. Fake ID is worst idea since they can ask for re-verification anytime with selfie or recent documents.
Could you elaborate on that? What's the downside of filling level 2 KYC? I would understand this with unknown casinos where you don't know where it will end up but with legit casinos i see only upside of keeping your account safe. And it's not like we are going back to times without kyc anyway when we are dealing with legit casinos. Last year stake data breach has happened, 1 month ago Rollbit casino has sent emails to almost all Stake high-rank users with free reloads (mine was over $900). I don't trust third-parties when it is about my personal data. Maybe someone feels like it is ok to share personal documents but I am not feeling comfortable and surely many users think the same way, IMO. Even if it's a reputable casino, There's no guarantee that your information is safe but at least the resistance or security they have against hackers is high compared to other casinos. I didn't know that stake was breach last year, Did Rollbit bought the hacked data from stake and took advantage into it or is rollbit was also compromised by the hackers? There's nothing that is unhackable nowadays, The type of security tightness is what separates them from each other. Imagine government websites and databases has a history of hacks, What more on casino where there are a massive monetary value that can be stolen. This is why most of us hates KYC since it's one of the possible targets of casino hackers. |
|
|
|
|
If it is inside the casino ToS, It is justifiable but if it's not indicated I think it can be contested. Most of the time, This kind of case is connected to multiple account issue. Though I believe that you won't be banned on using different sim cards or different devices on a single account. The IP we have on sim cards is AFAIK have a dynamic IP and using different devices that has no history of other account logins should be safe. Multiple devices with static or a dynamic IP on one account is safe, but using a multiple account on a multiple devices even if it's a dynamic IP is considered multi accounting and you could be banned for it.
If you are confident that you are not using multiple account, and you receive allegation like this on a casino. You can contest it and for sure majority of people who see it will support you.
|
|
|
|
I think it's not just practice that is needed but also skills to be able to set up your own casino.
The good order for me is skill, experience and capital.
So capital is not a difficult thing.
Because capital can be sought whenever we want, but skills and experience are very difficult to find and it takes a long time to get both.
But there are also gambling site owners who do not have experience and skills in the gambling business, but they have very large capital to hire several experts in the gambling field and hire a team of developers to set up a gambling site.
Probably you didn’t know how much capital you will need to setup a decent casino. Having a license will cost you more than 20Grand while the casino software, developers and supports payroll will cost you much higher. Plus the bankroll which needed to be high in able to operate smoothly in the presence of whale players. Capital is the hardest part to acquire when setting up a casino unless you are super rich. Having a skills and experience is not a must since you can always hire employees that will do the work for you. Acquiring capital from scratch is the hardest part since you will need tons of it for marketing purposes to have a better chance to get customer. Skills and experience are useless if you don’t have capital to start. Having your own can is not as easy as we can think.a person that choose to have his own casino should be prepared to spend more money to set up the casino. There would be need to have a good team of developers on both backend and frontend that would manage the casino and always try to put things in order whenever the rise comes. Creating a casino cost a lot of money that is why some persons that so not have a good income of money would not be able to have or develop a better casino. This kind of projects needs good research from the team. A millionaire setting up a casino is far different from the experience of a middle class person who want to set up or make his own casino. It would be basically hard for a middle class person to establish his own casino especially if it's a crypto casino where the competition is very steep. A lot of money need to be invested especially putting up money on your starting bank roll. Though there are ways such as doing crowd funding, start up, or basically searching for investors to partner up with you. It would be an advantage if you are the developer itself and run things in the casino. This way you can lessen the cost and can deal with casino problem like bugs with no extra hassle. But yeah no one can run a big casino with just a one man team no matter how good you are. |
|
|
|
|
Show Posts
