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1521  Economy / Speculation / Re: Predictions, predictions, predictions... on: November 13, 2022, 03:15:47 PM

Yeah, no one knows what will be the direction it will take, but it is likely to have hit its bottom'est deep. There might be a chance of this being the end of the Bear.

It can maybe have a flash crash and hit the 10K mark, but given that volatility is decreasing, the chance for an overturn is bigger than the chance of having a new flash crash. Let's hope this is true and that we may see it going up from here on.

Who said no one knows? CZ knew this will come after his announcement of selling all there FTT tokens as part of there separation to FTX. Besides, you are claiming that market is already will overturned while there are huge funds trap on FTX exchange and many companies that exposed on SBF investment is still not reporting there damage report. Expect a chain of effect since all thise company involved is using share liquidity to fund there project. They will be start to crumble now that the source is already collapse.

Where will the new money to pump the market will come from? Retail?   Huh
1522  Economy / Services / Re: [Extremely URGENT] KYC my FTX account on: November 13, 2022, 02:28:30 PM

Withdrawals from FTX to Bahamian customers were possible, but I'm afraid after this statement from the Securities Commission of The Bahamas, that option is no longer available:
-snip-

What I find strange is if the authorities didn't ask them to reopen withdrawals for Bahamian clients as they claimed in a tweet before, then why did they do it when they had liquidity issues? To get money out somehow?

I think that the real FTX rollercoaster will begin when official statements from very serious investors and government institutions appear that they cannot get their money back..
For example, there were rumors that the funding for Ukraine army was on FTX..
I think there are still many surprises ahead of us..

This is impossible. Those big player will surely get there money out because they are the priority on this kind of situation. Only retail traders is only affected on this situation becuthey are the only one who has no access on the information happening inside. This kind of business has always a special NDA for big time investors in able for this kind of whales to trust there money on exchange.

I believe this same scenario happened on Binance too when they allow whales deposit and withdrawal despite its already not funcyionable during Luna down fall.
1523  Economy / Gambling discussion / Re: Roobet has won against Eddiesanya (Stake) on: November 13, 2022, 12:53:02 PM
This defeat is not the end for Adesanya, Adesanya will surely come back to reclaim his title back. Don't think that Israel Adesanya will back down now, although it's bizarre to lose to the same Brazilian guy three consecutive times. The first and the second defeat was around 2016 and 2017 and this one.

In sports, you win and lose some. The fight continues until you decide to quit fighting totally

This is true. Many fighter becomes stronger after experiencing terrible defeat like GGG. I’m really surprised on the K.O result but I already noticed the weakness on Izzy right after he experienced his first defeat on the higher weight class. I think he should focus on his current weight and didn't spend time on aiming higher weight since his build is notfor higher weight. Alex P is verystrong and motivated on this match unlike Izzy that is just over confident that he can beat Alex.

I hope that he will not loss his spirit after this upset lose. He can always have a rematch to regain his title.
1524  Economy / Gambling / Re: 🎲BetFury.io|🎁 BIRTHDAY for $1 000 000| Trip to Las Vegas & BMW M8 😎 on: November 13, 2022, 10:51:00 AM
It's worth noting that a user should have a lot of patience to collect so many BFG tokens from free boxes. On the one hand, this shows that Betfury is very friendly for beginners, given that anyone can start gambling for free. On the one hand, it takes a very long time to collect that amount of BFG tokens, while the daily dividends are still quite insignificant, even if the user claims free boxes for a year or more.

Yeah, Betfury target early user to have a great casino experience first without the need to risk money so that they will deposit later on once they like the casino. The daily free tournament is the proof of what you notice about Betfury. Anyone can participate on free token tournament and earn the prize even though they don't deposit real money to play.

Betfury is focusing on building there community and not focusing mainly on whale players. They are very fair.
1525  Economy / Gambling / Re: 🎲BetFury.io|🎁 BIRTHDAY for $1 000 000| Trip to Las Vegas & BMW M8 😎 on: November 12, 2022, 06:11:21 PM

I did not know that. Then it means that they were already on my balance... I was rather confused, when I saw "You Have Won" message and balance did not change. Thanks for that notice.

Sharing my experience: I've been collecting  free BFG boxes since they appeared. Not a frequent collector, but got already 1462 BFG  Cool Grin Cant stop doing it; it is already like a habit to me. Cant set a goal, when I will start gambling with BFG and dividends  Huh

Were you able to collect 1462 BFG just by the free boxes? I claimed it a bit in the beginning when it came out but stopped doing it when the rewards dropped pretty big. Personally, I would never gamble with my BFG tokens; I only play with my dividends.

I think he means the total amount he collected on the free BFG boxes since he start playing in Betfury and not just a one claim reward because that is a huge amount for a free. Maybe he start accumulating the free box award since last year because the reward when it was first introduced is high compared today that the value is not even a penny.

Earning BFG tokens through rakeback is the current best way to accumulate this token while enjoying gambling in Betfury.
1526  Other / Meta / Re: Not Your Keys Not your Coins Banner Needed Everywhere? on: November 12, 2022, 05:02:25 PM
The only problem was the majority of crypto user that storing most of their assets on exchange is not regular forum member. Most of them is just using social media to get an update and socialized on crypto topics. I believe most of the forum users especially rank up members is already familiar and applying this on there personal finances.

Those newbie on social media just move here in the forum whenever they encounter inconvenience like FTX to seek alternative solution on there fck up situation.
1527  Bitcoin / Bitcoin Discussion / Re: Not your key not your coins is real, not just quoted. (FTX Issue) on: November 12, 2022, 04:47:50 PM
Based on what I understand on FTX current situation. User can still get there funds once the FTX manage to file for bankruptcy to liquidate there assets for paying back customer money. Even Mt Gox is now paying back there customers after a long year while FTX is a regulated exchange on US which means users is protected by the law and has a chance to claim back there funds.

But the inconvenience of can’t use your money out of exchange is frustrating and the chance to wait for a long time just to claim it like Mt Gox all over again.
1528  Economy / Gambling discussion / Re: Proof of Reserves by the Gambling sites on: November 12, 2022, 03:44:32 PM
This proo of funds thing is only advisable on new casino since established casino proven there reputation base on their years of service. I doubt casino will suffer same fate with exchange since they never use customer funds on leveraging other financial institutions staff. Most of the casino didn't touch the bank roll since withdrawal is very important in there business. A minimal delay will ruin there reputation and thatywhat matter most than asking them to show proof of reserves.

You can follow there hot wallet by tracing those wallet address that sent you the balance once ypu request a withdrawal.
1529  Economy / Trading Discussion / Re: How do you sell Bitcoin anonymously without getting scammed? on: November 12, 2022, 02:39:43 PM
I think one can always ask fellow forum members to trade the bitcoins anonymously. We are always looking away from the actual source and the place where Satoshi also portrayed his thoughts and had fun. The home guys! Yeah I get it it’s hard to find trusted members here plus there is point of escrow and stuff. However, good deals can be easily made and there are thousands of members with good amount of bitcoins in their possession and are willing to trade for money. Money can always be sent via third party services and bitcoins with complete secrecy. I am now doing the trades with one friend overseas and they send me fiat via Wire transfer. Seems nothing hard for me.

This is a very old school suggestion. It's inconvenient and additional cost since both party needs to setup escrow service and wait for all the parties involved become online. Escrow fee here is also high and has a minimum rate that is not advisable for small transaction.

DEX is the best on this situation like Bisq but currently the price there is different on the exchange price since people that serting up order there add premium but this kind of platfor is the best way to trade Bitcoin anonymously.
1530  Economy / Gambling discussion / Re: Can roullete be rigged? on: November 11, 2022, 11:20:02 PM
Live casino can be rigged but no one can proved it unless you are working with them personally. But this kind of revelation will never be in public since live casino employee is protected by a NDA.

Roulette can be rigged using a magnetic pull on the ball or a flicker effect which makes the ball jump abnormally using some external forcw when landing on number with huge bet.  The problem on doing conspiracy against gambling provider was lacking of proof which will just make you a sore loser. Typically this kind of allegation is being ignored because there's someone winning that testify against you.
1531  Economy / Gambling discussion / Re: Cash out or wait till the end on: November 11, 2022, 11:08:44 PM
Cashout feature is given by the casino so that you can take profit or take loss base on actual condition of the game. You are betting on a high odds parlay bet which means that this bet is very risky. You should consider the cashout especially if the last match is not a sure type game like the odds on winning is less than 1.5 or so.

I always avail the cashout on my bet right after I saw that the team that I bet is not on there perfect form. I wait for the score becomes close then I cashout when my loss is just minimal. I know that taking profit is hard due to the possibility of higher profitbut you should consider the remaining odds of the game to decide whether to continue or take profit already
1532  Economy / Gambling / Re: Blackjack.fun | Live tables | Baccarat |Slots| InstantWithraw on: November 10, 2022, 02:41:39 PM

This is not a problem for a solid whale that usually bet this huge amount but remember that they are not getting anything such as rakeback & cashback on all of there bets aside from this tournament bonus. You will understand what I’m saying if you try to compete on tournament for a higher spot.

Just in, The website is already updated there UI and the upcoming feature is already visible on the website. This will answer already all our concerns because they are adding new cool feature to rewards all there loyal players and high rollers aside from the tournament reward.

This x40 wager requirement is already acceptable once the VIP reward will be available for all the players that wagering in the casino. So far this new features is on coming soon status but it will be available very soon.

The new website has a cool UI. It gives me a goosebumps.
1533  Economy / Economics / Re: Your BLACK FRIDAY deal on Bitcoin: 45% OFF until December on: November 10, 2022, 02:29:33 PM
The problem is not simply about the crush of FTX but the underlying shit that Sam did on all the users fund. Probably all the crypto project that exposed to SBF will be gonna crash down like what happened when Luna crash and burn many DeFi and VC connected on it.

Buying right now is really a discount because the price is already dump with a high percentage for a short time period but there’s a possibility that the price will dip further once all the affected project already announced in the public to create more FUD.
1534  Economy / Micro Earnings / Re: Earn Bitcoin while Playing Games on: November 10, 2022, 01:59:12 PM
The problem on this kind of game was the minimum withdrawal is so high which is very hard to fulfill since they also charge the transaction to your initial balance. Playing on this games is not worthy at all because it consumed too much time rather do the regular faucet that only asked for a captcha. This games requires a lot of time to earn the minimum withdrawal amount and they sometimes run away before all users reach the minimum withdrawal.

@OP, can you indicate the minimum withdrawal on each site?
1535  Economy / Gambling / Re: 🎲BetFury.io|🎁 BIRTHDAY for $1 000 000| Trip to Las Vegas & BMW M8 😎 on: November 10, 2022, 12:35:39 PM
But what I like to say is that, they should extent the campaign for a longer period of time and also for more traffic cause and recognition in the casino space. Mate wiwo, you are lucky to join Betfury, do your best to promote the casino. Good luck
What you should get used to that will give you some peace of mind is that no campaign last forever and any signature campaign can end at any time but the most important thing is how the casino deals with issues and solves players' problems. As far as that is done we may not have any issue with their marketing strategy and if you have been following things around here you will see that their campaign has run for 12 weeks in the combine even though there has been space in between I hope this current run of the campaign will last long since 50%/of campaign payment are made in their gambling token, this is a new format for payment different from what they're paid in the previous round of the campaign were all payment are in Bitcoin.

Based on my observation, They are just running a signature campaign whenever they have a big promotion being launched in there casino. They always stop the promotion right after the event ends so that they can save money on promotion here in preparation for there next big campaign. Betfury PR is focused on partnership and social promotion to attract more user since user here in the forum is very limited.

I do agree that they might extend this campaign for a long term since they are using BFG tokens but based on there previous strategy. They might wait for another big event such as christmas or new year to launch together with signature campaign.
1536  Economy / Gambling / Re: Blackjack.fun | Live tables | Baccarat |Slots| InstantWithraw on: November 09, 2022, 03:19:05 PM

Besides tournament rewards is the bonus given for players by playing in th casino. They already done the wagering and adding x20 wager on it is just a redundant since it came already from wager bets.

I just want to correct something here. The required bonus wager is already x40 based on previous conversation of winner and the admin about claiming tournament prize. I confirmed this info again on the chat right now and x40 is now the updated requirements and not x20 that is the original wagering required.

This is so hard to complete that makes me just abandoned my bonus profit coming from my free spin because I lose some funds already just to get the free spin. I will wait wait for v3.0 before I play again for a better RTP for the bonus.
1537  Economy / Speculation / Re: Crypto exchange wars going on... FTX vs Binance on: November 09, 2022, 02:05:49 PM

What FTX exchange you are using. I believe the only FTX that is not affected is the .us one while the global FTX is still with withdrawal problem but there really some report on twitter that withdrawal is already resumed after the problem occur yesterday when the FTT sell off happened. I’m not a user of FTX but I’m sure they have a live support that can help you to process your withdrawal just like Binance do that typically requires you to fill up the form for your pending transaction.

You should notify the support since pending withdrawal usually overlooked since there is a queue of withdrawal already from user that fleeing the exchange.

I use FTX.com, I live outside US

Already sent message to support, but there's no live chat, only tickets, but anyway it's not a simple case to submit a ticket, all withdraws are paused
Can you show me where did you see about withdraws being resumed?
Thanks

On on-chain trnsaction of FTX exchange. I subscribed on a telegram news channel that gives me update on what’s going on in crypto space. You can check there post about this here: https://t.me/alphacryptoproject/6705

But you can simply search for FTX wallet of different blockchain explorer since there wallet address is tagged by there name. You can see withdrawal transaction on there wallet.

Dropping in late on this thread.

Guys, something I missed on the great scheme of things.

Having the following diagram in mind:



Who lent the stablecoins to Alameda with FTT as collateral (Step 3)?



Yeah, This is the power of unli print out of thin air in crypto. They can have infinite source of funds for there liquidity.
1538  Economy / Speculation / Re: Crypto exchange wars going on... FTX vs Binance on: November 09, 2022, 11:24:47 AM
Any updates? I've seen mixed reviews on Twitter — with some saying that their withdrawals are still pending(bigger amounts of money), and with some saying that it took 3-ish hours but the withdrawal ended up going through.

I just woke up and checked my account:

09/11/2022, 00:01:35   USDC on TRON network
08/11/2022, 21:15:35   Bank transfer   
08/11/2022, 17:53:05   BNB   - bsc
08/11/2022, 17:52:23   BUSD - bsc
08/11/2022, 17:51:37   SOL
08/11/2022, 17:50:41   BTC

All above are stuck, different chains

Do you have any link of anyone saying about withdraw being processed?

What FTX exchange you are using. I believe the only FTX that is not affected is the .us one while the global FTX is still with withdrawal problem but there really some report on twitter that withdrawal is already resumed after the problem occur yesterday when the FTT sell off happened. I’m not a user of FTX but I’m sure they have a live support that can help you to process your withdrawal just like Binance do that typically requires you to fill up the form for your pending transaction.

You should notify the support since pending withdrawal usually overlooked since there is a queue of withdrawal already from user that fleeing the exchange.
1539  Economy / Gambling discussion / Re: How are Online casino's and sports betting platforms coping? on: November 06, 2022, 06:03:07 PM
Online casinos spend lower operational cost rather than offline casinos, but of course macro economy problem will affect their profit. I think it's not surprising for business to take a loan, reducing their staff or reduce their salary in order to maintain their business. If they can't maintain their performance on this situation, they will bankrupt and it's easier than offline casinos. They can just create new casino after they have enough money when the economy already recovered.

This is right. Online casinos has lower payroll for there staff since they are just using 3rd party game softwares on all there games. They are just paying minimal employee for support, security and devs to maintain the casino and its not that high operating cost compared to physical casino that has other bills and employees to attend lots of physical work.

I believe casino profit will decrease but not that much since gamblers will always find there way ro find money and most whales players on gambling is super rich in real life that can sustain gambling activities despite recession.
1540  Alternate cryptocurrencies / Altcoin Discussion / Re: Binance CZ decided to dump all there FTT tokens on: November 06, 2022, 05:12:59 PM

FTX is a big exchange but its token has a low volume. He must be holding a lot since it's presale. It's very undermining that he has to announce thier dump plans actually. It's either he has already done dumping his FTT or he plans to buy more which he just wants holders to sell.

They are competitors but I think the better for him to understand and monitor his closest competitor more if he holds FTT than abandoning. This way he can check whats going to FTX closely.

Sam of FTX did the same on Binance last year after announcing they are pulling out there share on Binance. Base on CZ tweet, They are just starting to sell off there tokens slowly until they complete to liquidate all there tokens. This is surely a retaliation on Sam action towards Binance that’s why he is announcing this info on public to create panic on FTT holders since they are now not a business anymore.

Sam needs to counter this by providing liquidity to support the price from sliding off.
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