Funny thing.
Even if UK adopted Bitcoins wholeheartedly they still do not accept cryptocurrencies as a form of investment for supporting financial statements. Which does mean that there is still a long way to go for them.
I do think we should talk about El Salvador in detail as well what the country is doing is amazing. They are even going to mine Bitcoins using renewable sources of energy which can also be taken as a green flag for the Environmental summits happening every now and then.
My native country is suggesting to ban bitcoins right now which I think would be immensely sad for the people involved rest there are still countries like Ukraine which is silently accepting bitcoins and cryptocurrencies more.

Hacking any site is possible ofcourse and that comes down to gambling sites as well, which does mean that if the site has some probelms, if the security of the site is not well developed then for sure it might have problems like hacking and such and that is why players are always advised to use the trusted sites.

Security especially with cryptocurrencies and gambling sites is a really important matter therefore you can always try and make sure you are making secure transactions as well. The sites if they get hacked usually have a bad reputation afterwards so you won't see them succeeding in the future most of the times.

Choose sites carefully.

No one ever talks about relying just on crypto investments, people talk about crypto investments because at the end of the day the market is crumbling and the government itself is making very stupid decisions. Which does mean that sooner of later the value of the particular currency you are dealing with might go down, causing unrest and problems for the general public. That's when cryptocurrencies like bitcoins would come into play. People would be able to use them generally to have more options, they would also be able to explore financial freedom. No one stops you from encashing unlike most stocks where you are supposed to hold for a particular amount of time.. therefore I do think its not exactly as stable as fiat but it's giving the best returns for most investors. Patience is a virtue in this business.

An interesting fact:
Them quitting their jobs would not only impact them as a whole but it would impact everyone else as well since most US based trucking loading/offloading companies do work overseas as well and they have their centers around all the parts of the world which does mean that if these truckers decided to quit their jobs then it would impact a huge diverse group of people as well.

There would be sudden shortage of truckers and that would put many things at halt which can cause many problems for individual enterprises as well working with those truckers. I do think that the government should try and somehow enlist the rule for vaccination more gently to the public. It's important for sure!! But making people comfortable as well should be their priority so as to avoid sudden probelms like this.

There have been many new undocumented variants as well and am pretty sure there are many other variants to come in the future as well, this is inevitable, mutations are something natural for any virus. Therefore there might be many more ups and downs in the market as well.

But at the same time there are people who are plunging towards their investments in cryptocurrencies as well due to collapse of the whole economic situation which might not really work well but this dip might provide them an *opportunity* for sure.

This is not a probelm for long term investors. It's the probelm for short term holders.

Some news like : Mt. Gox funds might be out in the market could fuel panic in certain situations and make people cash out but it would balance itself soon because there are countries like El Salvador moving forward in a positive direction as well.

If gambling is legal in your country and the gambling site that you are using is already registered then you have to understand for a fact that you can apply for a case online since most of the times the governmental bodies have online FIR and then you can also publish them and find your solutions if other people had the similar probelms as well. Now a days social media has also become a very powerful platform as well. Most of the companies are able to show their services through how well they support their customers through.

I always prefer:
Playing on already known site with good reputation
Trying out new sites without negative trust who are involved in campaigns

This generally helps and you can also go to their personal thread and see if there are any problems as well.

The bubble is honestly something that in most cases is made up of doubts, doubts about uncertainty of the crypto market which does mean that people would honestly make assumptions about the market and some of the times it's those *FUD's* which fuels such crashes. I do think that the volatility is something that is an important part of crypto market therefore I do think that even if we talk about the history repeating itself people would still be able to :
Benefit from the day trading
Hold for long term after investing during the low time
There might be a lot of companies pooling it though which I do think can centralize the whole thing. Mt. Gox funds are something which are going to be released sooner or later and it's *right* for the investors as well. Just hold for the long time, have patience and everything else would be great, as long as you don't encash, you don't loose.

They already receive all the data from cryptocurrencies as well. The moment you add your details anywhere, the moment you convert it into fiat and vice versa, you are already giving them opportunity to track you down..even some of the gambling sites now are lacking privacy, whole idea behind cryptos was financial freedom, but I do think this is not only scaring governmental authorities but it's also helping other areas as well. At least now the government is realizing that they need to change something. Putting heavy taxes and earning from them is not the way to regulate, it's a way of earning through them. For regulations and to make sure these things are systematically integrated, you do need to see beyond profits, which undoubtedly is very hard for them, for example in UK the government had tons of probelms regarding the government officials accepting bribe from the gambling companies.

China have already cleared their hands with Bitcoins and now what they are doing is sitting down and trying to promote their own cryptocurrencies, which does mean that for the time being it's unreasonable to think that they might have such effect on bitcoins.

- It's always around Christmas or before the festival season that people usually encash and why wouldn't they? The festivals usually take a toll on them perse. Which does mean that, at the end, people would sell undoubtedly during November December.

- People might be worried about the Bitcoin distribution which have been highly speculated about.

- according to this source : source A whale moved over 5000 bitcoins on November 12 which might have caused some people to panic sell as well.

I do not think this is something related to China perse, I do think that it's just how the market is, volatility is always welcome in Bitcoin community, it's also a good time for investors to buy Bitcoins since we did see a all time high in November and it's worth waiting for again.

I do not think that stock market can be a direct indicator of Inflation, here are certain reasons why :

1. They increase in price undoubtedly during Inflation but the increase is usually much more since people flock to some investments to get a backup when the government won't be able to regulate the economy.

Therefore the change would be much more drastic.

2. Not all stocks are going up, some of them are going down as well and the investors are not being able to earn from them.

3. Inflation does not always have a positive impact, the companies are striving hard to maintain their price thus sometimes they will sell their stocks at a beneficial rate but the companies itself are also being affected by the inflation causing probelms for them as well.

- it can be a indicator but it's not universal-

I found this article online:
https://www.gamblinginsider.com/in-depth/13527/new-frontiers-in-gambling-present-problems-for-regulators

In the article the regulators explained how they cannot control certain new gambling sites like : sorare.com and are issuing warnings about them. Since they cannot take it entirely as gambling, the speculation in the football index is actually something that is way beyond the scope of government's regulatory body.



The commission cannot monitor the site continuously. Their framework does not allow to do so. How at the end the public is criticizing them about their age old traditional methods to try and control the gambling.

But now with the new technologies they are unable to cope up with the regulatory stress. Shouldn't they ask themselves this question that why haven't they thought about this since 2009 when cryptocurrencies were invented and the gambling+ crypto industry came not long after that.

Now they cannot question cryptocurrencies, they cannot question gambling, the laws needs a serious reform. But I somehow feel like the government will again bend this down and make this the probelm of cryptocurrencies and not them.

What do you think about this particular article??

If the guy said himself that he *accidentally sent that bitcoins* then why do you think that it was *hacked?*. At the same time I do think the person to whom the wallet belongs to doesn't even know it there in the first place or might have lost the access to the wallet because they never bothered to touch those coins even during the high. So I would presume those coins to be *lost* but in general take it as a *long term holding situation*.
Even though the person sent that money and the bitcoins might not be recovered it kinda is beneficial for the community since it would ultimately be in HODL situation. But now a days there is a new thing where the person sending the bitcoins might provide the receiver with a special Key or password which would actually help the balance get deposited, chances of something like this happening might be close to nil if it's usually something that we might be using in daily practice in the future.

I do not understand why you would put your post so short, then continue to make statements like these. First of all the house always wins, this is simple. Players can loose ofcourse, they can win as well, but I don't think that there is any player who can always win at the end of the day. Poker is a game of luck and of course skills. Even if a person has amazing skills, he can still have the worst luck.

You might have days where you would loose as well, it not always a win win situation. But there appears to be players with a nice consistent strategy who can win most of their games.


Exactly no one always wins. If that's the case with you idk you might be blessed with luck and you need to use it as much as you can for the moment because it might live short, as short as your statement explaining your whole topic.

Some banks have the right to operate independent from the government. I do think we have to understand that banking system is not of one type. For example in India there are several independent banks like :

Some banks can actually take such decisions on their own. Therefore it's not always the government, who is influencing them. Some banks are actually ** state owned as well** not all banks are owned by the reserve bank of India.
I would advice you to actually use banks like **digital bank of Singapore** this would help you in the long run, I never had problem with them in that sector. I always traded cryptos in them and never had any probelms.

- keep trading
- use other banking systems
- support cryptos indirectly or directly
- the government will regulate, it won't ban for sure they are earning profits from there.

Bitcoins and cryptocurrencies in India have been regulated since way back and at the same time the exchanges have been having a lot of issues with the same. I do think you have to understand that Indian government is already putting up taxes for cryptocurrencies like bitcoins, if they wanted to ban it they would have said so instead of trying to earn from cryptocurrencies.

They have had issues and banks like SBI have been banning users who are involved with cryptocurrencies but other than that there are banks like DBS as well who never did that, the issue is not with the government entirely. The issue is with big political aspects as well. Banks and other dominant Bodies are scared of Bitcoins. They are scared that they might not be able to regulate them. In a corrupt country like India I do think we need bitcoins and Blockchain.

Hopefully these FUD's calm down a bit and people support bitcoins more.

Seems like cola.bet is making serious advancements in Africa, they recently launched a zero margin campaign and even offered the users with additional 150% deposit bonus, which lead to an increase of 320% in the new active users.

Players from Kenya, Ethiopia and Zambia will not be able to benefit from this offer and at the same time they are providing this zero margin campaign for many pre matches as well.

They are also going to introduce a variety of other bonuses for the players, which I do think might be really good for the people who might be into betting, they would be getting new options as well.

So if you are from Kenya, Ethiopia or Zambia you need to definitely look out for them.
https://www.gamblinginsider.com/news/13965/colabet-launches-zero-margin-campaign-in-africa

I do think that investing at any time is reasonable since at the end of the day, the future price is not something that anyone can predict with full certainty, if you do want to invest and do have extra money to do so then you definitely should take a step forward and do it.

Even during the covid we have seen pretty promising graph which is looking reasonably well for the future as well. If you are looking for day trading, you should wait for a bit and if you are just into general investing then why not? The price usually falls down after February but before that I do feel it climbs up.

Go for the long term you would have a lot of benefits.

Can we even define bitcoins as a private cryptocurrency?
Cryptocurrencies especially the ones who are decentralized are not private but on the other hand they depend on its investors. They are created for the use of public and are not really *owned*. On the other hand if they do decide to ban cryptocurrencies like bitcoins a lot of things would suffer.
- startups
- enterprises
- entrepreneurs
It would also mean that India would be far away from the technical revolution that bitcoins is as a whole. Where we have countries like El Salvador doing everything they can to support bitcoins, India might be taking steps back with this. But I remember they proposed high tax right now for cryptocurrencies like bitcoins, it's certainly a bill might not go through as well.

At the same time one might argue about the fact that : Bitcoins as a whole is something unpredictable but if you do see the past track record you would be able to look into the whole chart and see the that the level of trust rising. There are cities now been constructed around bitcoins, there are countries who are using bitcoins as a legal tender. The government is providing people with extra money in Bitcoins if they agree to download the wallet.

It's all about acceptance, application and usability. Which most countries are taking steps ahead. You cannot entirely be dependent on bitcoins hands down but at the same time you have to realize that bitcoins as a whole is more trustable that stocks and other traditional investments since during the pandemic most countries are going bankrupt.

It's a currency of the future. Soon enough we will see more advancements for sure.

I have not been real lucky in that section, never really won that much therefore for me there is no point in sharing something like that.

1. Sharing your winnings and your betslips is not something that is recommended, if there are people who actually won a lot they might have some probelms for sure causing threat to their funds and their privacy.

2. Also discussing gambling Addiction is very healthy in my opinion since this allows the gamblers to be more careful since at the end of the day people are not really playing such games in a controlled manner. Online gambling is highly addictive period.

3. What could be more fun and acceptable is sharing your gambling experience that was positive.