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Author Topic: [ANN] [ICO] Xwin – CryptoBet betting platform based on blockchain  (Read 13190 times)
Scout Georgenson
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January 14, 2018, 11:53:59 AM
 #1481

But why do large international companies like Facebook have different Codes of Conduct for different countries? I wouldn't be able to do something from my computer, if my ISP can pass that to the police.
You're absolutely right because usually restrictions in some countries are not only about the gambling but also for participation of citizens in it.
That can be right according to the restricted access to the online trading as well.
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Bitcoin addresses contain a checksum, so it is very unlikely that mistyping an address will cause you to lose money.
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bradpeterson
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January 14, 2018, 11:54:43 AM
 #1482

The one that interests me the most is the regulation of betting in terms of it's taxation. If it is not taxed, a lot of governments will ban it, I think.
Well, as I understand it's taxed by the Belize goverments and can't be taxed for example in Spain.
marilouadrie
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January 14, 2018, 11:55:52 AM
 #1483

That will affect only the people that already got themselves involved in betting and again it's not going to affect politicians, the decision and law-making engine.
But if more people are going to get into betting, that may negatively affect a lot of government-owned bookmakers.
marilouadrie
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January 14, 2018, 11:59:24 AM
 #1484

Well, as I understand it's taxed by the Belize goverments and can't be taxed for example in Spain.
But if the funds of Spanish citizens won't be taxed by Spain, don't you think it will pose a threat to national economy?
dspencer
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January 14, 2018, 11:59:48 AM
 #1485

That will affect only the people that already got themselves involved in betting and again it's not going to affect politicians, the decision and law-making engine.
But if more people are going to get into betting, that may negatively affect a lot of government-owned bookmakers.
If they established heavy regulations on bookmakers that inherently means that they don't own any bookmaker companies.
bradpeterson
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January 14, 2018, 12:00:44 PM
 #1486

Well, as I understand it's taxed by the Belize goverments and can't be taxed for example in Spain.
But if the funds of Spanish citizens won't be taxed by Spain, don't you think it will pose a threat to national economy?
Sounds right but I don't understand in which way it could be taxed in other countries.
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January 14, 2018, 12:01:50 PM
 #1487

If they established heavy regulations on bookmakers that inherently means that they don't own any bookmaker companies.
The government itself may not own it, but a lot of politicians have commercial interest in such enterprises.
dspencer
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January 14, 2018, 12:08:26 PM
 #1488

If they established heavy regulations on bookmakers that inherently means that they don't own any bookmaker companies.
The government itself may not own it, but a lot of politicians have commercial interest in such enterprises.
But if the established rules are actively defaming bookmakers that means that noone has interest in such projects, otherwise there would be no such problem and there would be no question of legitimacy of such projects.
marilouadrie
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January 14, 2018, 12:08:37 PM
 #1489

Sounds right but I don't understand in which way it could be taxed in other countries.
Well, that depends largely on whether the country has an agreement for preventing double taxation.
Altcner
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January 14, 2018, 12:17:17 PM
 #1490

People, what are your expectations regarding profitability of Xwin coins?
I think that it will be nice if such type of project gets about +300% in a few months
Altcner
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January 14, 2018, 12:31:49 PM
 #1491

Especially if you sign up for a bounty to get real money bonus as well!
By the way, how much money you have already invested or planning to invest?
And in addition to this question it would be interesting to know what part of your bankroll is to invest
MelisaMoris
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January 14, 2018, 12:41:58 PM
 #1492

People, what are your expectations regarding profitability of Xwin coins?
I think that it will be nice if such type of project gets about +300% in a few months
Time will show. Judging by the amount of investment that is listed on their website, there are all chances to reach the planned fees, I think this is due to the fact that there are no worthy competitors in this direction
MelisaMoris
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January 14, 2018, 01:07:52 PM
 #1493

If this platform uses artificial intelligence to calculate coefficients and scan rates, this provides accuracy and speed of calculations, the possibility of round-the-clock monitoring, instant reaction to mutable events, so is this platform protected reliably?
MelisaMoris
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January 14, 2018, 01:34:57 PM
 #1494

Is there some who already bought tokens, the smart contract is automatically when you buy tokens and you will automatically be awarded dividends? Or do we need some additional agreement?
lennox_dan
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January 14, 2018, 02:02:04 PM
 #1495

I think this project is now focusing on Asia. There, legislation allows it.
Why do you think so? Did XWIN team say something about this?
lennox_dan
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January 14, 2018, 02:10:41 PM
 #1496

Is there some who already bought tokens, the smart contract is automatically when you buy tokens and you will automatically be awarded dividends? Or do we need some additional agreement?
I think yes, the process is automated and fast, haven't heard about some restrictions or delays.
MelisaMoris
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January 14, 2018, 02:56:43 PM
 #1497

I think this project is now focusing on Asia. There, legislation allows it.
Why do you think so? Did XWIN team say something about this?
I see you do not have any information at all....
Citizens and residents of the United States of America, Iran, North Korea, Syria or any other country in which xwin services fall under legislative restrictions can not participate in the ICO. In Asia it is possible, moreover, in Asia people like gambling and it's popular there
lennox_dan
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January 14, 2018, 03:26:19 PM
 #1498

I think this project is now focusing on Asia. There, legislation allows it.
Why do you think so? Did XWIN team say something about this?
I see you do not have any information at all....
Citizens and residents of the United States of America, Iran, North Korea, Syria or any other country in which xwin services fall under legislative restrictions can not participate in the ICO. In Asia it is possible, moreover, in Asia people like gambling and it's popular there
I know that ICO projects and operations are forbidden in South Korea and China (which are Asian states), but in Western countries such as US or Australia only one or several ICO projects were closed because of some problems with law.
dspencer
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January 14, 2018, 03:38:35 PM
Last edit: January 14, 2018, 03:49:53 PM by dspencer
 #1499

I wonder, though, if using VPN allows people that live in strictly regulated countries to use this platform and many other ICO projects? You either get behind such projects or get behind everyone else.
lennox_dan
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January 14, 2018, 03:52:42 PM
 #1500

I wonder, though, if using VPN allows people that live in strictly regulated countries to use this platform and many other ICO projects? You either get behind such projects or get behind everyone else.
Well, VPN may be a good way to participate in ICO, but will its connection speed be enough to work normally?
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