Recent Posts

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11
Latest Bitcoin News / Who of you still mines "Bitcoin"
« Last post by administrator on Today at 08:51:48 AM »
by now only the big boys, in iceland or china should be able to mine bitcoin with a profit?

am i right?

pls correct me if i am wrong.

bitcoin has become the coin of the whales, and the big miners

regards
12
Latest Bitcoin News / HODL term born after this famous post
« Last post by administrator on Today at 08:51:45 AM »

https://imgur.com/a/OgF5fek


13
Latest Bitcoin News / security concern
« Last post by administrator on Today at 07:34:28 AM »
IS there any mechanism currently in place which would prevent someone from writing a worm or virus purpose is to seek out and steal, wallet.dat ?

Seems like if someone gets that file your completely F'd.

Just throwing that out there we might need some way to prevent this simple attack if there isn't one already.
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Latest Bitcoin News / I lost my FreeBitcoin Account
« Last post by administrator on Today at 07:34:25 AM »
Hello friends!

I earned 0.03 from Freebicoin.ini just 2 days
 
today i wish to login my account to ask Email Authorization when i cheeked my Email
nothing received any emil by FreeBitcoin.ini when tried many time and asked forgot password but
message send information to your Email. but not any kind of Email receiving from the site.
i don't know what should do i in the situation and how to contact support team to recover my account?

Please anyone support to me

15
I have been working blockchain projects for 2 years, and recently the market is gonna crazy. Unfortunately I invested EOS when its hype. Now looking at the account has been an absolute disaster. I wonder have anyone make a good fortune with crypto after all these drops.

Does anyone know why bitcoin drop so much lately?


16
New Crypto Regulatory Framework
Japan’s top financial regulator, the Financial Services Agency (FSA), published a draft report outlining the country’s new regulatory framework for cryptocurrencies and initial coin offerings (ICOs) on Friday. The report, which was discussed at the agency’s 11th study group meeting, contains recommendations from the previous 10 study group meetings. According to local media, there was no major objection to the proposed measures in the report so the FSA is expected to draft regulations based on its content.

check this full detail 

click here
17
Latest Bitcoin News / Concerned about security.
« Last post by administrator on Today at 07:34:17 AM »


I'm a lot concerned about future security of crypto-currencies.

We hearing lots of stories of Bitcoin theft, well, I'm predicting a turmoil.

I'm realizing now that the Bitcoin concept is good, but it's not perfect, yet.

Maybe we need banks, with "LIMITS" of transaction. Both to protect from speculation and protect from violent thieves.

If someone, in my country, kidnap someone for it's money in the bank, what happens when your money (passcodes) is in your head and the wallet in the cloud?

The kidnapper would know about the second "hidden" volume on your file. Maybe Truecrypt needs infinite creation of hidden volumes, I don't know.

Maybe we have to thrust our crypto-currency in banks, and you can only make big transactions in person, in private cabinets, anonymous.

Nobody leaves money or gold inside their houses. It's dangerous, at least in my country. Imagine if the gold it's in your heads. We need solutions.
18
Ordinary money is physical like a coin. Bitcoin is like a coin stored on a computer, it is computer money.

When you see ordinary money on a computer, it is basically physical money that is in a bank. But computer money is actually on your computer.

With ordinary money, the government decides how much money there is.  With computer money, a computer formula tells you how much money there is.

With ordinary money you almost always know who you are doing business with. But with computer money you don't need to know who the person is, you just need to connect to his computer.

With ordinary money the government can easily tell how much money you have and how much money you should pay the government, because that money is in a bank. With computer money it is difficult since that money is on your computer.

With ordinary money you need to pay a fee when you send money because the money has to go from one bank to another and those banks have fees. With computer money you don't need to pay a fee because the coins go directly to the other person's computer.

So with ordinary money you need governments and banks, but with computer money all you need is your computer!

This isn't quite true anymore, but it is the closest approximation of the truth I think that would make sense to a small child.
19
Latest Bitcoin News / Bitcoin song
« Last post by administrator on Today at 05:49:07 AM »
Bitcoin: bloody euphoria. Hopes and crashes. 10 years in 3 minutes. Watch until the end.

Hopes, tears of disappointment, relief and panic – it is all about bitcoin.
So many things happened from the date of the BTC White Paper release. It is history, which might fill a whole century, but here is how it was in 3 minutes.

https://youtu.be/GzV93xnI2Eo
20

Gambling With Bitcoin

The gambling industry is one of the largest in the world and due to this, it is also one of the most competitive with thousands of sites along with apps fighting to become the leading platform. In order to attract more players, the best casinos have an extensive range of payment options so that they do not miss out on any potential customers. Bitcoin and other cryptos are the latest payment option to be added and it has taken the internet by storm.

Before you use a casino bitcoin bonus no deposit which is available when you sign up for an account you first need to carry out a number of checks. The first is if it is legal to access the platform from the country you are residing in. If you do not carry out this check you may find yourself getting in trouble with authorities. All casinos list the country which is restricted on their website so make sure you find out if your country is available before signing up.

Legality Of Bitcoin Gambling

If gambling in the country that you are residing in is legal, the chances are that using Bitcoin to gamble is also allowed but there are a number of cases where this is not true. In certain countries taxes along with restrictions have been placed on Bitcoin which makes it difficult to use. Many punters find ways around these restrictions however via changing IP address which has created one of the worlds largest black markets.

Different Types Of Platforms That Accept Bitcoin

It is important to understand those traditional casinos that accept Bitcoin and blockchain based platforms that only accept crypto are completely different. BTC only casinos are allowed presently to offer to gamble worldwide without any restrictions which are partly due to laws not keeping up with technology. Due to the fact that no fiat currency is been spent, they are not under the same rule set of traditional casino sites. Some countries have started to act and are trying to ban them but due to the decentralized nature of crypto, it makes it extremely difficult for regulators to take action.

Decentralized Crypto Casino Platforms

If you want to stay safe while gambling bitcoin or any other crypto online you are best using decentralized platforms. These types of casinos require no registration and your gambling activities are anonymous. All that is required is to deposit via a unique address and to withdraw winning players simply enter their own BTC access. The process is carried out instantly and the bitcoins will be available after network confirmation.

Conclusion

With the development of crypto-based technology in the gambling sector advancing at record speeds, it is going to be impossible for regulators and laws to keep up with developments. For the time being until this takes place, it is going to be a grey area in most parts of the world. The decentralized nature of the blockchain along with the ability to stay anonymous will make it almost extremely difficult for laws to ban betting so expect to see many countries go down the route of regulation.

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