Love the cartoon OP! These scams are so popular on youtube. They post fake conferences with famous people like Elon Musk or Vitalik with a description that they're running giveaways and if you send some money you'll get 2x the amount back. I've checked the addresses a few times to see if they're getting some people to pay them, but there were no transactions, so I guess people aren't that dumb. Santa, if you're real, send me some BTC, I could use a gift in this bear market  |
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How possible to control money laundering or others criminals activities without asking KYC? Even while government is involved here and they want to monitor this business it’s another reason to ask KYC. And i think it also a matter of money security issues. But still you can use so many gambling sites without KYC verification.
By not allowing people to exchange their cryptocurrencies into fiat money and simply dealing with crypto. The point where the user exchanges fiat for crypto and the other way round is the point where the money gets laundered and these companies should verify users. Why would any government agency care what a user who got paid in bitcoin does with it? After all the struggle they still own cryptocurrency that needs to be declared and taxed when a users decides to sell it. |
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Sam Bankrupt Fraud paid millions to be able to get a hug from his parents and a proper vegan meal. Or maybe it was just so that he could stop being someone's girlfriend for a few months.
Don't you worry Sam, this is inevitable. Sooner or later you're going back and there won't be even a private session with your girlfriend because she's throwing you under the bus as we speak.
She and your friend Gary pleaded guilty, so that's game over for you Sam. It's only a matter of time before you're in an orange jumpsuit.
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My gambling budget is very small and there's no way any spending could affect it. Also, my budget for gifts is an entirely separate thing so It doesn't get affected by me gambling or going out.
When I have a lot of money I gamble more, but usually it's still less than $100 a month thrown away at various sports bets.
I feel more affected by my recent wins or losses than by holidays or some house expenses.
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I think it is important to note that it's not going up as much as it used to, and it's going to be lower and lower and eventually we will reach a world where it's going down instead of going up. In that world everything will get back to normal, maybe not today and maybe not even in 2023, but by 2024 everything should be normal.
This means that any investments you made so far in 2022 wasn't for nothing, if you kept it, and if you continue to buy more in 2023 as well then when the time for normalization in economy comes then you will make a lot of profit. I personally believe that long term profit is achievable and on the horizon, we just need to be a bit more patient.
What you say feels true and real but if it's so obvious why does the majority of people ignore this opportunity? We all know that FED will pivot. We all know the stock market is manipulated by the FED to look worse than it is and discourage investors. We all know they are printing money that makes the dollar worth less and less each year. Why do people dance into their music, panic when they want them to panic, sell when they want them to sell, keep exchanging valuables into dollars when the dollar is pumping? Looks counterproductive at the very least. |
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There are different type of holders, there are those who would want to be seen as diamond hands and hold 1BTC for decades, and there are the smart holders who had flipped their 1BTC at every ath to gain another 1btc. I chose the latter, holding is good but you have to be smart about it.
Does that mean that you think people who held through a cycle weren't smart? Some people don't want to be exposed to exchanges and their KYC. Some people have no means to store 70k USD in cash and don't trust banks enough to move their lifetime savings there so they choose bitcoin. I wouldn't call that stupid. The way I see it, I'm going to keep adding to my bitcoin collection as long as I can. I'll probably sell some of it if we ever move above 100000 dollars to celebrate the event and buy myself a reminder, a gratification gift. If we keep going lower than we are today I'll never sell. Low prices will not make me panic that I'm sure of. The only thing that will push me to sell is a large price spike. |
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Yes, that's right, cloud mining companies are all scams. I have tried many of them in the past but they are liars who only give you false promises.
Several years ago, genesis-mining was one of the best cloud mining companies (according to their claim of course), so I registered with it and bought hash power for bitcoin mining. In the early days, they gave me good profits, but they decreased with time.
After a while they told me that the mining difficulty increased dramatically and my hashing power was no longer enough to mine bitcoin and they transferred me to altcoin mining. Profits continued to decrease on a daily basis until they became nothing.
In the end I didn't even charge an ROI.
That was their operating scheme. Get someone to invest in cloud mining. Offer high profit to make them feel safe like the business is paying for itself, but give them less than their investment so that they can never withdraw 100% Give them bonuses to make them invest some profit into upgrades and such to extend their ROI time. Use user's money as a loan to buy more mining equipment that would mine for the company. As ROI time came close tell user the purchased has is no longer profitable. This made the user get back almost all the investment and feel like it's not worth their time to sue the company because there was no real loss on their part. The company was happy because they got 0% loan from the user for a year or 2 in which time they'd buy a miner that generated profit for Genesis. The difference between companies you call scammers and those you don't in the cloud mining industry is in the amount you felt that they scammed you for. If it was all of your investment = scam! If the company gave you back your investment = legit. The problem is that both companies scammed you. |
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I believe I have crossed a topic about asking why tekken or Mortal combat still not added in some casino to bet in , but I like this Idea , winner take all is the best to have this because we also played similar rules in the past when we were young , playing in arcade with friends and betting against everyone , the first one to win 3 rounds will face the winner of other opponent and yes I ended up winning most of the time as I have the combo from my favorite character.
This style of gaming works well because you all play the same machine and you all watch each other. There's no way to cheat or alter the game. This makes it a fair match. The problem with moving a game like mortal kombat into a casino is first of all rights that would cost them a fortune and then they'd have to make an anti cheat engine on top of it. Making such engine work within the game is easy but casino games work on your browser. Making an anti cheat for your browser is very hard if not impossible because a browser based game works in the background. You don't give the browser rights to monitor external inputs. It's very easy to run a script while having a browser game run in the background. |
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There is a very real risk that SBF may attempt to kill himself, for someone like him that was so proud about his achievements and about the material gain that he has gained by deceiving his investors it is going to be almost impossible to accept the incredibly difficult conditions he will find at prison, and as such it is possible he will take the easy way out, and as much as I do not like him I would not want for that to happen as there are many investors that need answers about what happened.
He won't do it. He'll want to wait for the verdict first and this will take at least a year. Then, if he gets 30 years or more, there's a chance he'll do it. For a young guy, getting out at his 60s or 70s is like a death sentence, especially that he's a weak looking guy. If he got into a prison camp he might survive, but in a normal federal prison he won't make it with all those street thugs around. He'll end up as someone's girlfriend. Should we care about him? It wasn't a mistake that he made. It was years of stealing before he got caught. He knew what he was doing. I'd be more willing to release Ross than SBF and Ross is in for life. |
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Guys, i don't believe you're posting a single casino each. There's so many sites with poker where you're able to pay using cryptocurrencies.
Coinplay
Lucky Block
CoinPoker
BC.Game
Cloudbet
Winz.io
BetOnline
Bitslot
Fortune Jack
Bovada
Chipstars
Black Chip Poker
Jazz Sports
MyStake
Nitrobetting
And this isn't even all of them, just the ones that I've found in 5 minutes of googling.
I haven't tried all of them, but these sites all have decent reviews and should offer good and safe experience.
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The simplest way to avoid future losses in crypto - stop doing it.  Just kidding here  Yes stop doing it, which means stop losing. Great advice, I need to write this one up in my notebook of golden thoughts Diversification is also good, but times are tough and you can only let your money work when there are opportunities for your money to increase in value after investing it in different ways. Do not solely depend on crypto only, that was the worst mistake I did once and did not do any IRL job for few years, though I lost too much including my time (lost a lot of time searching for opportunities in crypto while I'd have utilised it to do a job or bring up a startup) and opportunities in crypto (if I'd have saved money for these times when crypto is down, that money would be useful in investing in tough times, because we all know that all these coins will increase in value today or tomorrow).
Diversification sucks in crypto because you're still in riding the same train just moving from the first car into the second or third. The ones that are closer to the end can detach but the train will keep going. Bitcoin is the locomotive, it can't detach, but all the rest can get left behind. I hope you understood the analogy. Stay with the locomotive guys! |
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You could recover if you bet all in 100 usd in 2 itmes and make more. why wait. the longer you play on the casino the higher you chances to lose.
if you want to make big money then make big bet and quit on black jack. or lose it all.
In the grand scheme of things it doesn't matter if you make 10 bets with 10% of your money or 20 bets with 5%. The odds remain the same and it's true that house edge takes a greater toll on your win the more bets you make. I prefer not to do it all in a single bet because there's a psychological barrier against doing it and that's what casino uses to make profit. In reality if you divide everything into 2 bets and your first bet is a win the probability of the second one also being a win is lower so you'll either stop and take that win or you take additional risk. A player who instead divides his money into 100 bets will only get more entertainment out of it. There won't be any increase in win probability. It's funny how we tend to think that if we have more rolls we have more chance of winning back the money lost. |
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How do you know that they haven't done KYC for more than 10 users?
Are you by any chance all those 10 accounts?
Were you trying to multi account and got banned for it?
Is this a retaliation?
The casino has pretty good reviews. I know that some of those are probably paid, but they're usually rated at 4/5 by different sites, are licensed in Curacao and have a live support, so any issues can be directed there. If you have a problem with their KYC maybe ask support about it and let us know what the answer was.
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I'd like to ask why anybody would still hold money on exchanges. After so many hacks and flops there's really no profit in exchange custody. It just takes 10 minutes to get your bitcoin to an exchange if you need to sell it there. Holding large amounts of money with them is laziness that can cost you dearly.
If people are withdrawing billions like OP said it's a great way to check if the exchange is solvent. I hope they withdraw even more and test the limits.
Telling people to get out of binance isn't going to achieve anything because those who know that they should be their own bank are already out and traders aren't going to withdraw because it's their way of making money and they're ready to take the risk.
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This is normal to check on your money is always on your mind. You will come over it as time goes on. We all did same not until we were matured enough to know that no matter the hike in price or turn down in price your bitcoin is save and you are ready to face whatever comes out from it. Long term investment is the best,in this way its just like a fixed deposit where you know that it is in some period of time that you can access your funds. Get yourself engaged and you will find out that you will be too busy to remember that you had a wallet.
It's not really that normal. It's normal only if you go in too big, that's what a smart guy once told me. I'll say it again: when you feel nervous watching the price, feel the urge to check charts a few times a day and you're not a pro trader it means you've invested too much! My advice to all of you who do this is to either decrease your positions or ask yourselves what it is that you're looking for in the charts. What will happen if you see a big red candle and the price is 15000? Will you sell everything in panic? If not and you're ready to wait it out, stop watching the price because it's a waste of time. |
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Thankfully there's no one world government so a worldwide ban will never happen but different governments can put different restrictions on bitcoin depending on what they'll think poses a danger to their machine of theft and control.
I agree with OP that bitcoin cannot be stopped unless its users decide to abandon the project. What the government do is for instance buy it out. They can print the money so they have infinite supply while supply of bitcoin is finite. If they decide to buy enough of it to stop people from transacting they will and centralized exchanges will make it easy for them. You'll be left with fiat money that was inflated to maximum and they'll have your bitcoins.
That's unless you refuse to sell.
Caitlin Long said it long ago that at some point there will be a kind of bank run on bitcoin where so many people will want to have it that its price will explode.
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There are still a few days left in the year, so I don't imagine any magic to happen in December regarding the price of bitcoin. Let's just assume that the price of bitcoin was $17k lower at the year's end.
Even though I haven't sold yet, I plan to invest more and hodl onto my bitcoin holdings until 2024, therefore next year will be an even another excellent year for all cryptocurrency investors holders, not as bad as this year's bitcoin price. Bitcoin might, just possibly, surpass her previous ATH by 2024
I don't think that we should concentrate so much on the end of the year or any other specific date. If you're in it for the long run, you're in it for the 31st of December and 1st of January. It doesn't really matter, unless you have a deadline fora purchase or something and have to liquidate your investment by a certain date. I look at specific years, not months. For me an important date is Spring of 2024 - the halving. If bitcoin fails to grow between now and then I'll rethink my investment, but I'm going to accumulate for at least another year, no matter the price. My prediction for December? Probably a channel between 15000 and 17000 - doesn't really matter where we are with prices below 20k as I'm never going to sell this cheap. |
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I don't have a preferred casino although I try to play at the things that I advertise, so whenever I get into a signature campaign promoting a casino I use it, even if it's only for a short time, to test out their services.
That said, I rarely play normal casino games at this time as I'm trying to save up as much bitcoin as I can in the bear market. If we go to bull market I'll be willing to gamble more. Nowadays it's mostly bookies for me (especially with so much football in the air), not casinos.
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"Obviously, in turbulent macroeconomic conditions, beware of borrowing when the Fed keeps raising rates," Musk tweeted earlier this week, said. Musk continued to sell his Tesla shares, quite a lot this year. However, Musk said that he would not sell shares after April but he did not do so. After Elon Musk bought Twitter, there was pressure on Tesla shares. Tesla's long term investors think Musk should quit Twitter. Musk should focus on Tesla and not waste time with Twitter. But since the last fall, Elon has made a profit as he has sold his shares at high prices. He always does this.
It was his problem from the beginning. Musk was always involved in too many different projects at the same time starting new ones and leaving the old ones unfinished. He has the mind of a garage inventor who tinkers with a thing for a while then throws it away because he has another idea and then comes back to the old project and half of them never get finished while the other half is completely useless but once in a while he makes a real gem that gives him money and energy to keep working. Stocks will keep falling as long as the FED keeps cutting but the FED itself said that they will stop somewhere next year and everything will recover. Stocks are representation of the economy not only the state of the company. |
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My friend's company went into home office model during the pandemic and they remained there when they saw the bills. They had close to 100 people in 1 building and this is a software company so 100 computers running, lights, AC, security in the building, cleaning... That's a huge cost every month.
Performance wise they even improved when people started working from home because they were better rested. They could avoid traffic jams and sleep an hour longer every day and saved up on fuel.
I don't believe they're ever coming back from this.
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