Quote from: yhiaali3 on April 05, 2024, 11:44:12 PM

Apparently, this is why the Thai cryptocurrency exchange is going public:

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Meanwhile, the Bloomberg report suggests that the entry of global crypto giant Binance and Kasikornbank Pcl, both of which threaten Bitkub’s dominant position in the Thai crypto industry, may have prompted the stock exchange listing decision. Before that, Bitkub sought to address the threat by selling a stake in Bitkub Online Inc, Thailand’s largest crypto exchange.

Bitkub exchange fears that it will not be able to compete with large platforms such as Binance to the Thai cryptocurrency market.
I expect this public offering to strengthen the stock exchange's position in the Thai market and give it the ability to remain competitive within the large stock exchanges, especially since the Thai market is in its infancy and promises a lot.

If Bitkub's goal is to remain competitive with Binance or Kasikornbank, an IPO does not seem to be the only way to solve this problem. Binance itself is already big globally, so if there is a local version of Binance in Thailand, I'm sure it will be more interesting. Instead of having to fight against Binance, it would be better if Bitkub could join forces with Binance to remain the biggest in Thailand... if they want.

This has happened in Indonesia, where initially INDODAX was the most dominant cryptocurrency exchange in Indonesia, the entry of Tokocrypto x Binance made INDODAX's dominance weaken and now Tokocrypto's position is better than Indodax. Tokocrypto's joining with Binance was because Binance did not get a special permit to operate in Indonesia, therefore collaboration is what can make it exist in my country.

If Bitkub wants to imitate what Tokocrypto did, I don't think it's too late, rather than spending too much energy fighting Binance with its already very good reputation.

I'm not from Indonesia, but my question is, if Bitkub want's to be competitive, then what global exchange they should collaborate to at least give Tokocrypto x Binance a run for their money?

Or maybe they think going into public will obviously give them more money to fight it out?

And the only winner here will be the Indonesian crypto enthusiast, and I will say one of the biggest in Asia now as far as adoption or usage.

Quote from: Cryptsafe on April 01, 2024, 11:34:02 PM

Welcome to this great platform. I think this casino is not new to the gambling industry. They are doing just fine and have been able to get a good reputation on the other platform where they are. I think you will have to do a bit of more publicity to keep going because from experience, gamblers here tend to mostly patronise casino running awareness campaign because they are very much sure of communication through their representative here as you are as that is the only guarantee they have to keep playing on casino that just registered newly and their publicity campaign being managed by a reputable member.

Lastly, you should try be active here as that factor is one of the basic things being observed by gamblers because inactivity means you are not serious for business.

I agree that they should be more active, but their topic needs to be more active as well. Players that have quaetions, potential players that have questions, more than just an occasional post for post count.

@wild.io you might consider a signature campaign as well. I am free to run a signature campaign if interested. Feel free to send me a pm and we can chat.

Yes, at least give this community a try and have signature campaigns and see how it goes. They have a signature campaign in the other community if I'm not mistaken, and it didn't last that long.

Maybe if they will run at least for a week here and gauge everything, it might be good for them to have some exposure and put their presence here.

The u.s. going after another crypto exchange, this time it is KuCoin and who knows how much in settlement they are going to have to pay. The u.s. is accusing them of not registering customers and allowing illicit funds go through their exchange, and this has to be when KuCoin allowed customers to trade without kyc. I don't think KuCoin can win this case, so it will most likely end in a settlement so they can continue operating.

I think US is really targeting crypto exchange, we all know that it was Binance first and now Kucoin. They are really going into details or witch hunting in this case and so they found out about the no KYC policy and then just add up about their exchanges being used for illegal activities then according to the US, violates their law and so they might go now.

Not sure if Kucoin is going to fight it out or just leave US and it's customers. And then again, the one being affected here is US based customers but this is what their government is doing and so they don't have any options now or at least their options are getting small to trade crypto.

Quote from: dekafee79 on March 30, 2024, 05:17:34 PM

Owning both bitcoin and ethereum is the best way to go in the long term. but if I had to choose, I would choose bitcoin because bitcoin is my priority coin. Everyone has their own considerations and beliefs, you can do what you think is best

I also really agree with your choice because so far only Bitcoin has a very bright future, Bitcoin also has a very limited supply so the price has the potential to become very expensive someday, so it is very suitable for long-term investment.

It's obvious though that Bitcoin has given us big profits, even if you just hold for a year and you timing the market that you brought it at a lower price, it will make x2 at least at the current price of around $70,000.

So yeah, why not? nothing to hold against the best altcoins, but I will say that I'm a Bitcoin maximalist and I only chooses to stay with Bitcoin. And if ever I invest altcoins in the past, I will sell them right away if I made profits already and then shift back everything to Bitcoin.

Quote from: sirty143 on March 31, 2024, 03:36:44 PM

The Binance executive who is being held by Nigerian law enforcement has sued the country’s anti-corruption agency for violating his fundamental rights.

They have a right to do so because the Nigerian government embarrassed them.

I do not have trust in the judiciary system in our country so I'm looking forward to see what this case will develop into in the coming weeks because it is between an international citizen and an agency of the government. If it was a case between a local citizen who is not high in the financial class, it will be difficult for that person to get Justice.

Thanks for confirming that, that is also what I thought about the Nigerian government, no offense though, even our government is also corrupt. But for sure, all eyes are going to follow this news as Binance is a top tier exchange and then crypto has been in the media lately because of the current bull run that we are seeing.

So let's see how it goes, I'm under the impression that there will be no justice and the executive could just leave the country but he will be declared persona non grata in Nigeria.

I think 18 plus persons are suitable for gambling, because boys and girls under 18 will be studying at that time. If gambling is indulged in at that time, it is certainly fatal to the society, and a threat to the family. Because a gambler can never do anything good, he will always be addicted to winning, and he can do various evil things to earn this money by gambling.

Create by Fc9

There are a lot of countries which 18 is the legal age to gamble, you just have to look Gambling Age.

Although in the country that I currently lived, 21 is the legal age. However, I see some kids already playing online games as young as 18 or less than that age as online gambling is very accessible now.

You just have internet, a mobile phone. And some local fiat wallet have accessed as well to gambling sites like Evolution Gaming which I admit I have been playing for the last 6 months.

Nice, thanks for this data, I least we now seen this community growing more at the start of the here. Obviously, we have seen influx of teleported accounts from the other forum.

And we might see the trend continue as well, if we will see a way to get incentives to members here like signature campaigns for mixer as this is the reason of the inflow of members and traffic as well. We will like to see gambling campaigns as well like what @yahoo62278 has started.