This is just an adaptation of the common [insert country name] method, such as the Canada Method, Brit Method etc, all promising some kind of automatic profit solution.
These almost always target those that are very new to the space and have limited experience with risk/reward, hence have no idea how likely such a thing is. There isn't really much you can do about it, even spreading awareness probably won't dent it.
Almost everyone on Bitcointalk has some basic to moderate understanding of scams, so there's little point warning us... Spread it to the luddites instead.
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Any wallet stored on a centralized server are going to be the ones that are least reliable, and or, the most prone to being hacked.
This is why exchange wallets (even their cold wallets sometimes) and web wallets that have all user funds pooled into a single super-database are the most commonly breached, simply because the attack surface is so high and the reward is too.
Conversely, it's not worth breaching individual wallets, because of the huge variability between wallets and the difficult in doing so... Risk reward just isn't there.
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Short but very important note: Why are so many people applying with less than 10 merits earned in last 120 days? We stated clearly in our opening post that this requirement must be met in order to qualify. Please do us all a favor and read threads before you are applying, this will help you in future. The same reason most applicants didn't put Luckydice.com in their PT. They either cannot read, or choose not to
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Bitcointalk Name: Docnaster Current Post Count: 1012 Amount of Merit EARNED in the last 120 Days: 10 BTC Address: 3FZypkizo6Zq5H1s4KvgCrG9fPhc6v2RoQ
Definitely impressed at the design of Luckydice, glad to see the Bitkong team are continuing to bring high-quality products to an industry filled with mundane old faces. Keep it up Bub!
Edit: profile changed.
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Have you got a price in mind? You're almost certainly going to get lowballed posting your offer in this section. It actually belongs in the marketplace. I would actually recommend pitching the game privately to different established casinos, rather than waiting for them to come to you. Most casinos have a presence here on the forum, so it's a simple job to shoot them a PM with your proposal.
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Personally, I would recommend doing some market research before you invest time and/or money into the endeavor.
Frankly, the Bitcoin and cryptocurrency casino industry is quite crowded right now, only platforms with a strong reputation, and enviable industry links will be able to survive these days. It might be worth speaking to the owners of a few prominent casinos and asking them what the challenges they face are, e.g. customer acquisition and retention, innovation and growth. I don't think that many casinos are worried able regulatory roadblocks simply because most regulatory bodies don't consider cryptocurrency casinos to be either money transmitter platforms or regulated gambling institutions.
Because of this, it might be worth doing a double-take and analyzing your prospects of success before you go up against the heavyweights in the industry. In any case, I believe that Malta is the best option for you, particularly if you want to get a license, since the malta gambling authority seems to be one of the less stringent bodies.
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Lol! So true. This is definitely the ugliest website I've ever seen on this forum. I can't believe the creators have the audacity to even try to solicit users with this shitshow of a site lmao. OP, seriously?! Tell us this is a joke... Maybe an early April fools joke? Or are you actually that dumb that you think anybody would use a site that looks like it was made by Ralph from The Simpsons.
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How is anyone allowed to make their own USD (or any forms of fiat for that matter) of any currency?
Is there a method for doing this?
Couldn't i just create a ERC-20 token and mint myself 1B tokens and use that to buy up the coins in circulation if i wanted to?
How would you get it on exchanges or let people use it as a USD Pair?
Your tokens wouldn't be worth $1 billion, so you wouldn't be able to buy anything. The market value is decided by supply and demand for most cryptocurrencies. For stablecoins, the effect of supply and demand on crypto volatility is reduced because the crypto asset can be redeemed for 1:1 against the USD at any time.
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I don't know what happened with the Ethereum, why this coin's price is not growing that much? Without Bitcoin pumping, Ethereum can't grow a bit. Where BCH or even BSV price keeps pumping like the bull run! Now, 1 BSV coin's price is more than double of 1 Ethereum. I am a holder of Etherem, but day by day I am being frustrated by holding it, it's price is far lower than 200 USD! Unbelievable. What do you think guys? Should I convert my ETH into BSV or BCH for more profit?
Ethereum has far more utility than both BSV and BCH combined. Very people people actually use BSV or BCH for spending, they are mostly used for speculation. Because of this, ETH is still the best bet for long term growth. The other two are just growing due to recent extreme volatility, it'll die down soon and you can now see BSV is down 33% since reaching its peak earlier this week. Stay away or get rekt.
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I'm definitely looking forward to Usyk fighting some of the upper heavyweight echelon, maybe Usyk vs Derek Chisora? That should be an absolute war.
I also want to see Pacquiao fighting Spence Jr., but not sure we will see it due to the recent car wreck.
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To me, betting on live sports events is entertainment. I think all of them are the best of all. I don't think it's even hard for you if you're a sports fan. Learning is easy and you're simply putting your money on the team or player you're supporting. Another thing is that there are many areas where the information is available to that team so you can evaluate games that make the chance to win strong.
Putting money on a team doesn't really support them in any way... For example, if I bet $1 million that Real Madrid will win the world cup, this isn't increase the odds of that happening in the slightest. Also, I think sometimes it's quite different to bet on who you support, versus who you actually think will win. Any logical gambler should bet based on odds, rather than be warped by personal opinion. For example, if I support France but they're playing against Brazil, you can bet your butt I'll be betting on Brazil, since I know they're a better team. That's not being a bad supporter at all. Money and support are completely separate, or at least they should be in terms of betting.
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Why on earth would Bitcoin be considered a hedging instrument? It's literally one of the most volatile assets on earth, definitely not good for hedging...
Maybe you could use something like short Bitcoin futures or options to hedge your spot positions, but I wouldn't recommend using these to hedge positions in other asset classes, unless you're talking about hedging against a declining economy in general.
But that's some way off and probably not what most BTC investors consider when first getting into the market.
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Oh look, another flawed democracy has cracked down on cryptocurrencies. Why would anybody expect anything different? These governments don't want anybody gaining more power than they already have, and cryptocurrencies are definitely a way to gain more power as an ordinary citizen.
Corruption at its lowest!
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It's not even close to being the year of the altcoin or anything even close to it IMO.
Altcoins have gotten absolutely demolished over the last year, particularly when you look at the lower cap ones... most of these are down by more than 95%.
Comparatively, Bitcoin is now down only around 60% from ATH, whereas the other Bitcoin-offshoots like Bitcoin SV (BSV) and Bitcoin Cash (BCH) are not doing too bad either.
Well, BSV has only recently had a good run, but before that both were down around 90%.
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I would steer well clear of BSV at this point.
+200% growth in the span of a month simply because of some recent court developments? Surely that can't be sustained.
Get ready to short guys!
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As pooya has rightly pointed out, this sounds like it is just another trash token designed to make you money and achieve nothing.
+1This guy clearly doesn't understand that a project should be designed to fit the market, you can't just throw a bunch of variables that sound good together and hope that it comes out with something passable. The cryptocurrency investment community has had its hands burned dozens of times by empty projects that promise much but deliver little, I don't think many people will be fooled again. No doubt this whitepaper relates to his wacky crypto-powered internet idea that he has no chance of accomplishing.
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You would be surprised, how do you think we got here in the first place?.. Investors.. Anyways good luck to you buddy, you should let us know a little more about the project on here as well.
You guys don't even have the knowledge to understand basic graphics design principles, why would we think you're capable of producing crypto-powered internet? Do you know what a ridiculous infrastructure undertaking that would be? If you're going to solicit funding for something so complex, at least prove you're capable of understanding complexity. And no, building basic ERC20 tokens doesn't count one bit.
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Hey buddy, you must really feel like investors are desperate to throw their money away if you think they're going to jump through hoops just to find out more about the project.
Nobody is going to email you for information about your so-called "crypto powered internet", since you haven't even gone through the effort of providing the minimum amount of information about it.
The fact that you think you have even the slightest chance of soliciting funding like this indicates you cannot be trusted with significant sums of money, due to naivete.
Be realistic.
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I wouldn't bother asking people on Bitcointalk which cryptocurrencies are worth going long on. The number of shills and delusional bag holders on this forum is unbelievable.
With that said, I recommend that you take a look at what major hedgefunds are investing in, since they have likely done the research necessary to identify whether a crypto asset looks strong over the long term.
You can normally see their portfolio spread by looking through the hedgefund spec sheet.
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High price but no volume is typically a phenomenon experienced only by very low market cap cryptocurrencies which can easily be manipulated by a coordinated effort, e.g. pump/dump groups.
This type of action is extremely rare when it comes to large-cap cryptocurrencies, simply because the rate of change needed to realize a price appreciation is difficult to achieve without a sudden and dramatic change in volume.
Whatever the case, increasing price but stagnating volume is warning sign, invest at your own risk, as it almost certainly will not hold.
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