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1281  Bitcoin / Bitcoin Discussion / Re: 99% of People Will Lose Crypto in Self Custody on: December 15, 2022, 09:10:50 PM
Recently, when people are withdrawing their money to personalized wallets, CZ says that  out of these people 99% of them will lose money, as only 1% of the people are capable of handling the non-custodial wallets.

‘99% of People' Will Lose Crypto Storing in Self-Custody: Binance CEO Changpeng Zhao

He may be right because most people do not understand the risk, if they are not careful they could lose all their crypto.  Some may lose their private keys and others may connect their wallet at scam sites and they will be deprived of their funds.

Education and understanding of non-custodial wallets is necessary.  A lot of people have move funds out of binance recently, lets see if they know how to safeguard their bitcoin/ altcoins in these wallets.
Wont be surprised that CZ would really be having those words considering that he owns Binance which is a centralized platform which most people been using up and since recently there's a huge pull out of funds

out of these exchangers then it isnt really that surprising that words would be coming out from his mouth but it is really just to exaggerated.He shouldnt really make himself that too obvious
that he's bit disappointed on what currently users been doing.

Well, he couldnt blame it out considering on what recently happened on FTX which it is really just normal to have those doubts and lost of trust with these platforms
which it is really just normal that they would be freaking out and pulling their funds out of exchangers.
1282  Economy / Speculation / Re: Can I recommend a friend to buy Bitcoin now? on: December 15, 2022, 07:25:53 PM
All we can do is recommend, never ask to invest in bitcoin even though we have experience of large profits, instead say that investing in bitcoin is very risky because it can make money disappear in a short time. it's too dangerous if we recommend it and it turns out that our friends don't understand and only think about profit.
That clearly has its dangers if someone only thinks about profits and forgets about the risk of loss that can come at any time in the assets he is investing in. Recommendations are only as initial instructions for him that come from other people, and if he runs the investment only because someone orders him, while he still doesn't understand the techniques and things he needs to know. It would be very dangerous and even he would blame that person when he experienced a sudden loss.
When you do make out some introduction then it shouldn't really be focusing that much when it comes on how to make money with Bitcoin but rather should really be focusing when it comes into its utility which

it is really that worth when it comes to that.People are really way that too impulsive on emotion on the time that they are hearing off about on how to make money.If they are really that sticking and been

interested to that then we cant really blame them since it is really just been that part of human instinct and behavior.Thing that you should bare up on your mind is that
dont make someone do really been given the feeling of being assured when it comes to make money, avoid yourself on getting blamed once the market would be having
some bad times.
1283  Economy / Gambling discussion / Re: Losing $350,000 because of a friend, what would you do? on: December 14, 2022, 11:30:07 PM
I will be angry and disappointed of course but he or she doesn't have the right to move or do anything with it because he or she didn't own it in the first place and I think that shouldn't be valid as it was not my friends bet and it was mine. I just hope that it wouldn't happen to anyone because it would really destroy friendship.
If I am not mistaken this is not allowed at a casino, if you make a bet on a specific number of the roulette no other player is even allowed to touch your bet, so I doubt it will be allowed that another person other than the owner of that money can move the bet, however you never know, I suppose there are some casinos out there that may consider not paying the bet in the case it won a huge mount of money, but in that case you have bigger problems than your friend as you should probably not be in that casino gambling your money away.
This is why lot of people been saying that it isnt really a realistic scenario which someone could really make out those changes of bets when it is already closed.The dealer or agent wont really be allowing such

alteration which in this case then you would really be that sure that it would really be that final.If in case that this one happens then you can sue them out on why letting other people do changed up their bets.

As for your friend, then you do know his concern which its not bad but if we do speak on something about winning huge then this is where relationship might end up.
You cant just let past that missing 300k win just because of such sudden change.
1284  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Exchangers delisting but with too short notice on: December 14, 2022, 10:10:00 PM
Those centralized exchange didn't even ask anyone to leave their coins on their exchange lol, so it's your risk why you're want to leave your coins on centralized exchange. Let's say you're hold your coins on the wallet, when you want to trade the coins, you will use it for around ten minutes to sell and convert it to other coins or fiat. So it's not affect to me when the centralized exchange want to delist the coin, is there any exchange delist a coin with just 10 minute notice? Nope.
This is why people should really be that mindful on where their coins been leaving at or been storing.If they are really that aiming for long term then it would really be never recommendable for you to make use of

exchange platforms as for your main wallet.We do know the risk and we arent that dumb and blind on what are the probabilities and speaking about delisting then it is really been announced and if you do

know that you do have some coins on said platform then it would really be just sensible that you should be attentive for whatever delisting news that would come up.
Most exchange would really be giving out dates or ample time for you to pull off those coins, there's no way that you could make out that complaints on being too short.
1285  Economy / Trading Discussion / Re: 5 Bear Market Mistakes to Avoid on: December 14, 2022, 08:52:03 PM
OP forgot to list random investing in a crashing cryptocurrency.  We should do our research every time we intend to invest to something.  We should check and research the fundamental of the target cryptocurrency and verify its foundation if it can withstand the test of time.  If we are to invest in a long term we must know that it has a solid foundation because if it has no solid foundation then our money that we invest will be wasted or gone.

Knowing how solid is the foundation is very important if you are aiming for long-term investment,
project that have good usages will survive in a volatile market like crypto.

As long as there are users who will continue to support and follow the project, the chance of gaining
good value will take place. The very reason you should always do your deep research before making
your decision to invest in your chosen project/s.

The bearish season is the perfect time to invest but we should also know the right coin to invest with. We should be smart in choosing a potential and active coin so we'll never fill our baskets with trash coins. Doing our own research is always necessary so we will have a complete idea of what to buy. As for me, top coins that have been in different market cycles are the best option in case we're having doubts about new projects.
When you do have the money then it would be ideal on sticking on buying coils which is on top rank and if i do have that capability then i would definitely do the same thing.Its really be that a wise move if you
are really that buying or accumulating coins on a bear market.You cant just make yourself doing such step when its already bull run.If thats the case then it is really just
depending on your choice and preference on which projects you would really be tending to accumulate.It would be wise if you do get in while its still cheap rather
making some purchase when the price is already soaring up.If you do want to maximize then it is really just that depending on you on when you would be getting in.
1286  Economy / Gambling discussion / Re: Proof Of Income Will This Pass on: December 14, 2022, 07:50:33 PM
Ok, suddenly the casino you're playing asks you for proof of income to be able to withdraw your winnings and to keep your account in good standing, your bankroll every month is $500 and you provide proof of salary that you are making $500 net every month, will they accept that proof will they accept that you are putting all your salary for gambling, will this violate the principle of gamble for fun, because you are working to gamble based on your proof income.
I'm not sure about it but I don't think the gambling site will be that keen to review your expenses upon your issuance of Proof of Income. It's all a matter of self-principle. You yourself feel like you're doing too much and have begun to spend most if not all of your money in gambling. The casino could care less about where you put your money. They just need the proof of income to make sure you are not a robot or a hacker if I'm not mistaken. So as a for fun gambler, if you feel like you have already gone too far, so as to spend all your salary for gambling, maybe how the gambling site thinks of your expense report should be the least of your concern. You should have yourself checked to a therapist or a psychiatrist because that could be a defining sign you are addicted.
I would agree with the fact that the gambling company couldn't care less about where you spend your money, just where you got it from, thus the reason why they are asking about proof of income. And I also think the OP's question may be a bit deep-seated and could be an indicator that the person he is pertaining to is now at least subjected to gambling addiction, that's why he needs to be checked if ever. The casino wouldn't care if you spent 500 bucks or 500 thousand bucks on them, it's how you think about spending that money that would matter. if you think you are doing too much already, then maybe it's time to reconsider your choices and see if you can get help in a way or another. 
You are the only ones who could really help out yourself and the ones who could see whether you are already spending that much or not.When it comes to proof of income kind of thingy then i do believe that

houses would really be asking out on the time that it do trigger out their security measures or something that they are really that boggling on where those funds came from specially if we do talk about

bigger ones.As a centralized platform and do abide with some laws and regulations then they would really be at least caring out on where those funds came from and
this is where they do ask out those proof of income.
1287  Economy / Economics / Re: SBF-Denies Improper use of Customer Funds in a 1 on 1 Interview on: December 13, 2022, 11:47:31 PM
When FTX is known to manipulate before declaring bankruptcy, many employees including SBF say that FTX is good and not problematic, even SBF employees also convinced the public that FTX is not a problem, and after investors want to take their money it turns out that transactions are blocked because they do not have fund.
This is no different than what we have seen all our lives with banks, everyone knows they are bankrupt but the bank is going to deny this until it actually happens as they believe they can keep on deceiving their customers, the interesting thing about this is that we were supposed to leave this behind with decentralization, but it seems a great deal of people are not ready for it and keep accepting centralized institutions in a market which was created with the intention of not using them at all.
Having these centralized platforms or services then it cant really be avoided for these things not to exist considering that there are things which touches up fiat transactions will really be needing these platforms.

Hate it or not then it would really be the reality.On the time on the said platform gained up much interest and popularity and then this is where its owner/CEO would really be tested out whether he would make

himself that greedy son-of-a-b*tch and would plan to ran out their users money or would tend to continue to the business and SBF did choose the other path.
He can deny all he want but the public does already know the obvious truth.
1288  Bitcoin / Bitcoin Discussion / Re: Exchange will go out of business if every Bitcoin is hold in private wallet on: December 13, 2022, 10:42:24 PM
Bitcoin is already winning the war against the centralization of Bitcoin services, and a lot of Bitcoin holders are beginning to realize the safety of their Bitcoin when it is off the exchange and kept in a private wallet.
Exchanges provide other services apart from being used as a wallet, not all will not go out of business, the smart one's will find a way to stay important, maybe they will focus more and work on improving another service they offer. The ones that can adjust will survive, the ones that cannot adjust will be the ones to go out of business.
Come to mind off that the only way on cashing out your coins or crypto into fiat excluding direct p2p is in going through exchange platforms, not all would really be that confident on having that p2p transactions

and this is where exchangers do really play their role and even though it is really something that do talks about centralization but still cant avoid that there are services which these platforms
could able to do.

This is why they are really that getting much attention or in demand despite on being centralized.People are aware but they could bare up with the risk.
Thing here is that you shouldnt really make them as your main wallet.Period.
1289  Economy / Speculation / Re: Bitcoin to hit $100k? on: December 13, 2022, 08:34:55 PM
Today the market is red again and bitcoin falls again from $ 17k, with facts like this we have to be realistic that the market this year will be difficult, we hope the price can rise, hopefully before Q1 ends the price can touch $ 25k.

The biggest barrier factor for bitcoin's performance is the large number of FUDs that were spread after the FTX case, some even spread FUDs if the FTX case could happen on Huobi, Kucoin, Binance and so on.
As of this writing which the price is $17,760 which it isnt really a bad spot for those who do make out some long to take their profits if it do really hits up the price.On this situation then it cant really be avoided

for you not to think that this might be the turning point but honestly this situation could really mess up your thinking specially on investing, whether you should get in early or would wait up for some correction further? We cant really deny on Bitcoins potential on hitting up that $100k but we should at least think that it wont really be a smooth simple ride.

People cant really just be too patient on which they are really minding off those numbers which is really that too far off to reach for now.
1290  Alternate cryptocurrencies / Altcoin Discussion / Re: I failed to notice this all along on: December 12, 2022, 11:38:50 PM
Whether having small or huge supply it wont matter, also whether those token locked up in short or long time wont matter.It all matters about the demand.Owners or developers wouldnt really be that dumb on making

a rug pull if they do saw that their coins is really getting sufficient attention or demand due to its utility.Unlike into those tokens who are just been pumped out just because of some hype or manipulation
then this is where things becomes too obvious.

Lots of project had been flooded out on this market on which it is really just that not simple on choosing which one would succeed out yet there
are shittiest project turns out to be valuable  compared into those projects who does have actual utility.
1291  Economy / Trading Discussion / Re: Accumulation phase is out!? on: December 12, 2022, 10:46:59 PM
I think there is still more time for people who would like to invest and join the market considering that the results of FTX collapse haven't ended yet whereas more companies and exchanges are declaring their pankruptcy. Apart from this, we recently read some rumors about investigating Binance for money laundering suspicion, these news confirm that the war between exchanges haven't settled which might lead the market for further depreciation.

More threats coming since Binance is under attacked by DOJ. This could really get worse if its not just going to end up to just billion dollar fine.

CZ being summoned could be possible while FTX is just OK. Great job for SBF spending millions to pay the government.

Price could still drop below 15k and the onles who could accumulate despite all these have the advantage to make millions.
We dont know on how these news or fundamentals could able to bring out some negative or would really be just simply be ignored.We've been through lots of news lately but still the price do make a good hold
on 15-16k price point which is something that we could say that this might be a good support.

Speaking about accumulation then of course into those people who do have the funds or money will really be having the advantage and to those who dont have the capacity will really be
needing to be wise on making entry point and maximize profitability as much as possible.

We cant really determine if the accumulation phase is out or still on doing.Price hadnt move out yet that much.
1292  Economy / Gambling discussion / Re: Cock fight game on: December 12, 2022, 09:43:41 PM
Seeing the same, in the place where i live, government officials are also participating, especially those police who love this gambling. Gamblers are free to play since they are heavily protected.

Police professionals here in our country are not allowed to participate in any form of gambling, especially in gambling like cockfighting.

That was prohibited because it might lead to self-interest and abuse. It will lead to kicking on the service permanently.

You will never see police here playing that gambling game that's why as much as possible they are hiding their identities just to play this gambling game.
Yeah, they're not allowed to participate and enter the gambling premises. Whether it's cockfighting or any type of gambling activity, it's part of the public official's oath that they shouldn't engage in any type of gambling activity or else, when they're reported, they'll take a sanction.
That's for sure but it can't be stopped if there are police officers that are still gambling no matter what the rules and oath they've taken, if they're a gambler, they'll always be a gambler.
Those kind of rules are incredibly difficult to enforce as it is not as if those which due to their profession cannot gamble will actually tell everyone they are doing it, another example of this are athletes which are not supposed to gamble on matches in which they participate, with some leagues asking to not even make any kind of bet on the league or the sport at all, and yet we get to know many examples of this over the years, and those are only the ones which are caught as most likely there are many athletes which break the rules and we never find out about it.
Organization do set out some rules which is that considerable and pretty obvious but its not a surprise that there would be those individuals or groups that would really be trying out to oppose such rule or laws

just for them to make out bets for themselves and would really be able to get out on authorities eyes or on the organization.Lets back on the topic about cock fighting then its not really that something surprising

yet there are really something like this on some countries which had been part of their culture.Some might be saying that this is animal cruelty but this is where
gamblers do really spend their time and money most specially on rural areas.
1293  Bitcoin / Bitcoin Discussion / Re: I became Independent Because of Cryptocurrency on: December 12, 2022, 08:47:58 PM
I believe the point of being independent is that one can comfortably afford his/her necessities without thinking too much as to how the cash for expense would come. This can only be an achieved feat when one has resolved on a means of income and has focused so as to gain the best from the means.
As Op has stated his freedom, some other persons may have a different idea, because as right said, the income value of currency varies from region to region.
If i had to ask OP a question, it would be, have you tried living else where with this current income, where bills are more than equivalent to the current one you pay? Do you think your independence is sure enough to care and carter for a family, should you decide to or already have one?
I however, admire your resolve and hope to come an indepence of mine wherein I could afford more than the basic necessity.
Pretty sure they are pertaining on where they currently live and wont tend to look forward or think outside which it would really be common sense that standard of living or prices cant really be that matched.

Therefore, if he do find himself on a situation on which he could really be able to survive on day to day living then he would definitely considered out that kind of situation which he had the freedom.

Yes, we do have different perception and views towards on each freedom moment.It might not really be just enough into others views or perception but on someone who do easily
just contented on what they are gaining or getting now then its just up to theirs.
1294  Economy / Economics / Re: From grace to grass:Reasons why a Well to do investor turned a nobody. on: December 09, 2022, 07:18:47 PM
So many times we see people who were financially bouyant and stable reduced to nothing in the society,is it because they failed to strategise well?or could it be that they no longer put in the much effort they put before that got them to the level they were?what can actually be the cause of the downfall of someone who was already stable financially?
In my experience the main reason for this to happen is having too much debt, and when an unexpected event happens which force them to get even more debt then it becomes too much for them and they go bankrupt, it is my opinion that governments, businesses and even people manage themselves as if the good times will never be over and the bad times will never come, this creates the illusion they are doing very well but as soon as they have to face adversity they fold like a cheap suit.
Yes. Debt is something like a trap that will eventually pull you down and make your life turn into disaster. Although it’s also a case to case basis, but if you can’t make your way out from debt, you’ll definitely be stuck in there. The reason why even a used to be financially and well to do investor ends up into nobody because he can’t get out from that situation until all his possessions have gone to thin air.
Try to make yourself get out from that shackles of debt and you would really be living a life which doesnt really have that full of worries.This is what im trying to achieve or reach out on speaking about trying to

solve or pay out those debts on next year target because its been a while that i've been keep on paying with those huge interest.The main reason is that i mishandled the use of credit cards which really make

things even more hard for me on the time that it would really be needing to be repaid.If you dont have that right or proper control when it comes to your funds
and spending then surely you would be fucked up in the end of the line.
1295  Economy / Gambling discussion / Re: How much initial startup to Start Cryptocurrency Casino? on: December 08, 2022, 11:17:48 PM
In fact, the license for online casinos is not so expensive. If I am not mistaken, the license in Curacao costs about 15k euros, and in Malta about 25k euros.

Yes, the license is cheap, but the requirements that you need to meet before you apply aren't Cheesy

For MGA, the Malta one, as an example, you need to have a developer in your team that has experience with iGaming with a minimum of 3 years of experience. People like these are 60k EUR per year easy.

For the Curacao that you mentioned, you need to have an office in Curacao and the site needs to be hosted in Curacao, with minimum bankroll requirements.


This looks very especially paying your works and having a huge bankroll Incase the need arise. Building a crypto casinos is not as easy as we think, if not many of us would have build their own casinos and start looking for gambling through ads and other methods of luring customers to start using the site. These that you have mentioned is one out of the hundred requirements to open a casino whether a house casino or online casino. These requirements are just to ensure the limited complains of gamblers when they start using the casino for everyone safety.
If building casino business is cheap then lots of people would really be making their own considering that this business or venture is really that profitable then lots would really be making one but thats not the case

which it does really prove out that this would never be cheap nor really be that easy to be done.Lots of things to be considered first and spendings which would never be cheap.
I dont know if those numbers been imposed by other posters are accurate but one things for sure that only big time investors or business owners would
really be able to established or create one.
1296  Bitcoin / Bitcoin Discussion / Re: Banks do not want bitcoin to become popular on: December 08, 2022, 09:56:37 PM
Standard Chartered bank's predictions of Bitcoin plugging down to $5,000 is still a fair prediction unlike other banks or financial institutions who constantly predict Bitcoin crashing to $0 and some even call Bitcoin a bubble that is about to burst.
To many others bitcoin has died many times but yet we are still here and bitcoin is getting stronger and gaining more plurality day by day. So am not surprised about this statement this is what we are already used to.
For banksters, government, centralized institution, traditional fiat asset companies then having these words and negativities arent really that shocking or new anymore.They wont really be pro-bitcoin in the first place

but rather they would really be going into the opposite side.Why? they do know that it could really be a huge opposition once the community would really be having that turning point.They do know that

it cant directly make huge effect but as gradual years do pass on and as recognition do really rise gradually then it would really be significant
which they do know that it could affect out overall on some angles.
1297  Economy / Trading Discussion / Re: What to do when trading gives you heart problem. on: December 08, 2022, 08:39:34 PM
Obviously, your health should be a priority, so if trading causes heart problems, you need to leave this activity. What good will trading do if it harms your health? Try to invest in safe coins, try to buy bitcoin for the long term (not financial advice). But health should be a priority, it is much more important than trading.

Someone whose health is failing is not suppose to invest in a volatile market like cryptocurrency market. Not only trading can trigger the person's health issue but even hodling can cause problems because during the bear season, coins lose even 80% , so what do you expect that will happen to such person if that is a reason that triggers his health. It is better for such person to let go volatilie market investment and investment in real world business like physical daily business where he can monitor his wares by his or herself.
You do know for yourself that you are really that impulsive then it is really just right that you would really be trying out to avoid on things which would trigger out that kind of stress and anxiety which might cause

even more health problems later on.It is really just that people do really love to deal up on something which they could able to see on other people, we know that health is wealth and if you do keep on getting stressed out by this then it wont be bad on completely be avoiding it because we've seen the things that do really affects out.

Your profits or income would be just be useless if those would be spend up on hospital bills or something like that.
1298  Economy / Gambling / Re: 1 - The copycat epidemic within crypto casinos. on: December 07, 2022, 11:23:18 PM
I read some incredible comments in this thread by people who has absolutely no clue :-) Exit scam of the casino... What ?

In regards to all the blatant copycats I can say only one thing, stay away. I opened this website "punt" and this is nearly a copyright infringement in my humble opinion. A business that cannot invest in it's own original design is simply laughable, the person who came here to this forum to promote this joke of a website should be ashamed of himself
of all the site we have here , you have just Punt in your mention when there are dozens of similar site that looks like scam in the end.

but yes why need to copycat when you can hire a designer to make one for you so reliability will be at look in your site.

if they cannot even invest in this amount then what more if there is a big winner in the future?
This could be related to their finances because hiring a designer and coder to create a site requires a lot of money. That's what led them to look for a casino site from the same developer as other casinos because maybe it will save costs and if they hire a designer and coder, it won't cost too much. Or copying other casino sites will make it easier for them to be recognized by other gamblers, so it won't take long to become famous. This depends on how a casino can serve its users well so that there won't be any problems later, even though their site imitates other casino sites.
But still that this is  one thing that will lead them to be trusted , if they will use design that only created for them and not a copycat like what most scammers do.

and besides if you invested in Casino online , you must also have that that capital to pay for design and advertising.

this is also why many reacted in the because of that accountability .
When a casino is created it is possible that the people who buy everything, also buy the internal designs of the casinos, and if these people could have been fooled with a very iugal style, and there are some who must not have much experience and if They buy the environments because they trust the suppliers that design them. The bad thing is that to change a whole casino style, I imagine that it costs a lot of money and for that reason they leave them that way and prefer to take all the criticism, if the Spending a lot is not worth it, but it puts your entire reputation at risk, instead of receiving good reviews they can put bad things on you.
As a business owner or an investor then having this kind of mentality on which you are trying out to save up via making use of other platforms design and make out some small alterations but you havent mind

on what other peoples be saying or make out those criticisms yet having that copy cat kind of thing does really give out that kind of negative impression.

Cant really be denied that whenever we do see a new site having the same design of a known and reputable site and copying almost identical then
people would just simply ignore it out.
1299  Alternate cryptocurrencies / Speculation (Altcoins) / Re: When is ever the right time. on: December 07, 2022, 10:55:18 PM
I planned to buy some altcoins now that we are in a bear market but someone I knew is telling me not to, that its possible more dumps will take place, my question is how will I know when it's the right time to buy coins?
the right time to buy altcoins is now, because the price of altcoins is really very cheap mate,
you can take my word for it, moreover bitcoin is also very strong in holding on to support,
I'm sure until the end of this month bitcoin will be sideways and October is bullish will come.

Right, if now is the best time to buy, many analysts believe that now the market is dip so it becomes the best time to buy, and if we want profit, of course we must be patient waiting until the target we want is fulfilled, if we use spot exchanges then we can Immediately sell by adding profit margin according to our wishes.
Everyone can be considered as analysts and could be considered as speculators which lots of speculations and sayings that circles around into this market.This is why it would really be boggle up your mind whenever

you do had made your own analysis and made out some other or listen into others analysis which would really be mixing up on what you had made earlier.

Right time isnt something that could be precisely be predicted and this is why this market would really be flooded out by lots of speculations and
rumors which make you dizzy and confused at the same time.
1300  Economy / Service Discussion / Re: Can We Consider This Casino An Industry Giant In Marketing Here In Bitcointalk on: December 07, 2022, 06:54:59 PM

How can Duelbits come out with a huge budget only here in Bitcointalk that other casinos cannot when Duelbits started operation on February 2020 can we also consider them the most profitable casino in the industry?


If we do look up closely on when they had decided to add up more which does simply indicates that they are really having that budget which they could allocate on weekly basis.
If we do observe out from week 1 which is really some sort of testing out and then later on adding up further more numbers which is playing in between 15-20 members for higher ranks
until it reach into this point and now they adding up more.

Sustaining that 7k per week is something that huge for marketing or almost 30k per month but if they are earning more then it would really be just a small amount for them to spend on.
What matter most is that they are really making money for them to sustain.
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