But one thing that is a rule which the average Joe should know is that no admins will ever send you a DM first. None.
Newbies might not know about this vital rule and when they knew about it, it's very possibly they were scammed and lost money already. It's helpful for newbies if they can gain knowledge about most common scam types. That is their good start and preparation for avoiding scams but the remaining things belong to their self control ability and practice. The Cryptocurrency Scam book.
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Stealing KYC Datas from online casinos is not that easy and anytime you sees that there is a case of identity theft via KYC datas you definitely spot an insiders games there so for sure kyc to some level is quite safe unless you do it on a fraudulent platform that parade themselves as online cryptocurrency casinos but are just bad actors, who just get gamblers data and sell it out to scammers.
Is it really hard, I am not sure how did you know about that. Online and centralized casinos are similar to all other centralized platforms that can have risk of data breach and user data can be stolen or sold to bad people. If it is a sale deal, nothing to discuss about the company because they are too irreponsible with their business and customers. However, if it is from a single staff who is greedy and irresponsible, it possibly damages the business reputation too. KYC is always risky as it has many personal identity documents and if KYC data is hacked, stolen, it will be nightmare for massive customers on any platform. Why KYC is extremely dangerous – and useless
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is it safe to escrow here i want to post images of someone want to use escrow on bitcointalk but i cant cause it seems i need 1 merit to do so anyways plz guys help what should i do?
You use Escrow service in order to have safe trades and make sure that your trade goes well but most important your fund will be safe. So with this purpose, you can use forum inside escrow services by forum members or any escrow services outside the forum, it's not important of inside or outside. The importance is whether that Escrow service has good reputation so that it's safe for you to use. Forum inside Escrow Services. Gazeta's Escrow Service[ANN][bptrades] Escrow Services for Secure Trading - Buy & Sell Safely - 0 Fees .hasan's Escrow Service!
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The fastest way to get a response from the BetHog team is on their Telegram. They have multiple team members who can respond to questions quickly.
I know this because since the past 18 weeks that I have been a member of the Telegram group, I can say they are very responsive, providing useful information. And with regards to withdrawal they can help to process it. Even though they are still new in the game, they have the potentials to scale up which will definitely happen.
It's good to know BetHog team are more active and responsive on Telegram as users can have another channel that is active and helpful for them to ask question or make support request or raise their concern or complaint. With Telegram, it is important to know of impersonators and how to avoid scammers in Telegram. Telegram Scams.Do this if you don't want to be dragged to different telegram ICO.Some Telegram tips for newcomers in the crypto community.
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Most of these countries have a designated local exchange where they can store their BTCs. Unfortunately, however, exchanges are NOT secured when it comes to storing our BTCs given that they do not have full custody over their private keys.
I do suspect that people in these countries exchange their BTCs for their equivalent local currency for their disposal. While for others, I do think they purchase a hardware wallet for safely storekeeping their BTCs.
People can have bitcoins by mining or buying it or working for it and they are all have freedom in choosing how they store their bitcoins. It's freedom of selection on Bitcoin storage method while the recommended method is in non custodial and open source Bitcoin wallets. It does not depend on whether they are rich or poor by having many open source and free Bitcoin wallet softwares to use. For example, Bitcoin core, Electrum wallets but there are more. Storing bitcoins on any centralized exchange is dangerous by having only custodial wallets credited to your accounts. There is no Bitcoin private key you can have and you know "It's not your private key, it's not your bitcoin". Hardware wallets. Open Source Hardware Wallets.[GUIDE] How to buy a Hardware Wallet the right way.Recommended wallets in general. Best Bitcoin wallets.Setting up a wallet.
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It makes sense and I don't know websites that require bigger minimum withdrawal compares to minimum deposit so BetHog likely follows a standard in the industry. The challenge on users is only whether they manage to bet carefully enough for avoiding big loss from their deposit fund so that they will have enough fund for withdrawal that must be not lower than minimum withdrawal value. I'm not sure about the speed of the respond from the support but I think it depends on their working time, if you request it on their working time then it should be fast but if you request it not on the most effective time then it may take longer.
It can be not instant support with kind of delay and perhaps their support response speed is often lower in weekends than on working days. BetHog is still active with marketing and they need to maintain good and active support for their customers to make sure that fund spent on marketing won't be inefficient money use. To have good effects from marketing, there are other things must be good from the business so that users and guests can have reasons of joining, betting on the casino.
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There are billionaires worth over $100 billion, and even more worth between $10 billion and $100 billion. So why haven't any of them bought most of the bitcoins? They could have done so, for example, in 2020, when the price of bitcoin was $5,000-$8,000. Bitcoin's market cap is now less than $2 trillion, and it used to be even less. Some multi-billionaire could have bought at least 10% of all bitcoins, but why hasn't anyone done so?
They were rich as millionaires, billionaires from something else rather than from Bitcoin, and they have been already rich enough to have no need of taking high risk. At least if they see Bitcoin as a risky thing even with good ROI over years since 2009, they would stay beyond this market. Fortunately, you can see - I believe many people know about it too - a trend that more and more institutional investors joining this market. With Spot ETF approvals in January 2024, the last year, more institutional investors came and since then, there have been many days with not enough new mined bitcoins from new Bitcoin blocks to meet buying demand of Bitcoin Spot ETFs.
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1) Losses are part of the game. Losing your money doesn’t mean you are a failure, It means you’ve learned something, if you take time to understand why the lose happened in the first place.
3) Risk managementt: The market is highly volatile so never carry your "house rent" or "school fees" to invest into crypto. Always invest what you can afford to loose.
If you were not well-prepared, and did not careful with your risk and capital management, you could lose most or all capital shortly after your start, and surely it is very painful and unwanted experience. You only can continue if you don't lose all your money, so make sure you understand about the market, risk and have proper management that prioritizes protection of your capital. 4) Practice DCA Strategy: For example you have a $100 as capital, never invest all of it into a project at once no matter how promising it is. Always try and spread your capital using installment acrross different point in time.
DCA is a very good strategy for investors and even traders with Spot trading. The following website is very helpful for anyone who have plans of DCA for their investment in Bitcoin. https://costavg.com/
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1. Short the coin when you think that coin will go downside. You will have to register on a centralized exchange to do that though which is not really recommended.
Short is means you are in margin trading or futures trading which is dangerous and you must avoid it. You can long or short and get profit in short term but in long term, you will lose a lot of all money with market long squeeze or short squeeze. 2. If you already have coins then sell at the top and then wait for price to decreased and buy at cheaper price again. You can do this on a decentralized exchange as well which is more recommended since you will be holding your private keys to your wallet.
Always use stop loss order for some main reasons: protecting your initial trading capital; and also having chance to buy back for coins in amount and get profit with market bounce. At least you will have more coins in number and even if you can not get profit in bounce, you will still have less loss than other people who simply hold their coins in downtrend.
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Accepting inbound connections on your node so that you can seed blockchain data is a small way that you can improve the "health" of the Bitcoin network.
Run your Bitcoin full node to support Bitcoin network and also help yourself with better privacy. If you run your full node and broadcast your Bitcoin transaction by it, your privacy is better than if you only use a SPV wallet and have to connect to server, node in order to broadcast your Bitcoin transaction to Bitcoin mempools. Bitcoin blockchain is secured by both network hashrate from Bitcoin miners and full node contribution to relay blockchain data to other nodes and keep many copies of Bitcoin blockchain in decentralized way.
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The main point I think is if you are doing deals with international customers... bitcoin will be the most convenient way of payment you can ever ask for as a businessman. It is a lot faster and much safer, I believe. People can scam you with fake bank transfers but you are able to see in the blockchain the transaction.
When you are doing your business especially with your trade partners, there is legal thing for consideration on both your side and your trade partner side. You can want to make or receive payment of a business deal in bitcoin but it's up to your trade partner too. If the trade partner does not accept bitcoin by any reason including legal issue, you can not do any business deal in bitcoin with that business entity. Besides, bitcoin has also become something of a marketing tool nowadays. Businesses are using bitcoin to find the community and invite them to try their products or services.
I don't think any bad thing with this free marketing for Bitcoin to expose it to more people globally. If it is not marketing for scammers on behalf of Bitcoin, it's good and always keep in mind that "Bitcoin is not scam".
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It is worth it as a game lover, irrespective of whether we win or not, as long as we do gamble for fun, there is nothing to worry about in accumulating the tickets while waiting to get to the required numbers for the free spin. Maybe our luck could shine, giving us good fortune from the free spin we got as a result of the free ticket we have accumulated so far. Remember, as you have said consistent and we all know consistency is a good virtue, so we keep claiming consistently till we accumulate as much as we can.
It's more comfortable and enjoyable when you claim your free bets and use them. There is no pressure and stress of losses like betting with own money that's how people reacts naturally with risk of losing their own money. With free bets, free spins, you can use them for exploring new games or testing your new gambling strategies, if any. Surely you can enjoy your bet time with excitement of both playing games and getting chances of finding something new like a new amazing games or a new strategy.
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It's a gamble after all. The greater the risk, the greater the gain. It happens that the outsider wins, although it is difficult in this case. I just saw Sinner vs Djokovic. Is the difference in favor of Sinner that big? I didn't follow everything, but didn't Sinner complain about some kind of injury, and only with a lot of luck did he make it to the semifinals?  Sinner is younger than Djokovic and he is uprising while Djokovic is in downside of his career. Djokovic is experiencing very last Grandslam tournaments in his career and I think he now can understand what Federer and Nadal experienced in latest years. When a legendary tennnis player gets older and especially old enough, he will hit his physical limits and can not beat young tennis players. I don't say Sinner is better than Djokovic and it's hard for not only Sinner but also any tennis player to win equal total Grandslam trophies like Djokovic. Anyway, in a single direct match, Sinner has big advantage against Djokovic and it's reflected on the given odds.
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For this particular contest, you have to sign up or confirm to the campaign manager that you are participating by sending your username, so there is no traditional leader's board. Yes I agree that you will need to be a high roller to stand a higher advantage but in the multiplier contests, even someone with small bankroll can get luck and hit over x1000.
With multiplier contest, it is more comfort to join and you can win the contest without need of having big capital for gambling and participating in those contests. It is really different than in wagering contests that require participants to have somewhat enough big fund for bet and accumulate enough big wagering value to win these contests. BetHog chose a right contest type to run for community and also attract enough participants. Their multiplier contest can help them expanding their brand to more people by words of mouth.
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I am thinking for those who wants to hold bitcoin, this is the perfect opportunity to acquire bitcoin without having to buy it on your own. Lessens the steps to be taken but I see your point because after all, you would not be using all your salary to buy bitcoin so at least half has got to be converted to fiat. But if there could be a time when even grocery stores accept bitcoin then that problem will be solved.
If you don't have to buy bitcoins, you will not have to pay for trading fee, withdrawal fee from centralized exchanges or price difference from in-person trades. So theoretically it is very good to receive bitcoin directly from your company and it is more helpful if they allow you to provide them a receiving address from your non-custodial wallet. Above are advantages, but there are also disadvantages that certainly affect you if you don't have reserved fund to use and still need to use your monthly salary payment. If you have such need, you will have to sell your bitcoin, and it costs you on-chain transaction fee, trading fee but more possible important thing is volatile price change of Bitcoin.
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1. Volatility Rewards Long-term Holders Bitcoin's crazy price swings only scare those who do not understand the volatility game. https://bitbo.io/Short term, it is very volatile but in long term, it has solid exponential price growth and I think volatility is not good to talk about Bitcoin in long term. https://charts.bitbo.io/yearly-candles/The Bitcoin yearly candle chart shows how good Bitcoin price growth has been over many years. With true holders and their long term holding plans, I see volatility in short term does not affect them and it's not their main concern. They pay more time to explore Bitcoin fundamentals for finding what are good from Bitcoin and how Bitcoin bullish case in future is likely to happen. https://vijayboyapati.medium.com/the-bullish-case-for-bitcoin-6ecc8bdecc1
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Hey, I’m just getting into crypto and want to store some Bitcoin safely. Can someone recommend a good beginner-friendly wallet?
I just think of another point for you. Please don't confuse about Bitcoin and cryptocurrency (altcoins). You must store your bitcoin only in Bitcoin wallets. If you have altcoins, store your altcoins in other wallets that are used for altcoins only. Never store both bitcoin and altcoins in a same wallet because with altcoins, you can interact with altcoins' scam smart contract. If your wallet is hacked, you will lose both bitcoin and altcoins. Separating Bitcoin and altcoins in different wallets will reduce risk and help you managing your capital better.
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If the casino site has something like this mentioned in its ToS, then of course they will not allow it. All casino sites have almost the same ToS with only a few changes. And those changes may be due to the rules and legal processes of a country and some personal decisions of that casino site.
Legit companies must write their own ToS, and if they do like you said, it is like plagiarism, that can be used as one of evidence against them. If a company has a plagiarized ToS, it can be very harmful for their reputation if it is detected anytime by community. You perhaps implied that there are similar terms in ToS while there are not many different terms, but surely ToS must be written authentically by a company team, not copy and plagiarize. If multiple accounts are prohibited then if someone is using multiple accounts and their security system can track it then they can ban that user or demand kyc at any time because they have clearly written it in their ToS. So first of all read the ToS then start gambling on a few sites if you are a conscious gambler
I'm doubtful that any casino allows multiple accounts on their site as this action is very dangerous for their business. It can lead to many types of exploitation and abuse like bonus in deposit bonus program, contests and other cheating activities. It's reasonable why all casinos are against multiaccounting on their platforms and this actitivity is universally not tolerated by companies in online gambling industry.
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But they broke their promise regarding contests and other debts to the manager. This is bad behavior and unprofessional on the part of the casino.
Supporting LM's actions might be better, leading to accusations or flagging them.
Imagine someone like you spending money on a contest and then not receiving their prize for a long time... because two weeks is pretty boring.
I really don't know how they can hire a manager, did not fund the campaign fund address and let the manager paid in front. It's very risky for the manager and in the end, there is high risk of being scammed from the manager side. BetBolt is not like a too old and reputatable business, and this style of running campaign and contest is very unacceptable. This only damages reputation of their new business which has only 4-month old with a reputation to be built, but for now it is damaged dramatically already. The manager should stop/ put the campaign on HOLD when the fund was not enough for keeping the campaign running rather than paying from his pocket.
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