Some things need repeating over and over. I have estimated that to teach a child to wash their hands after pee-pee takes about 1000 reminders.

So that's human nature, we as a species are increasingly undisciplined because we live such sheltered lives and don't have to be vigilant for our survival anymore. We tend to believe people who are promising winning scripts and similar nonsense just because we want to believe.

I'd like to ask our friends carrying Yobit signatures to refrain from posting here unless they're actually ready to participate in the discussion and not just pad their post count. All generic topics about "altcoin season" and "not worth selling cheap" and "sell bad ones and keep good ones" etc etc have already been discussed in 20+ pages. Let's not turn this into a spam thread that moderators would have to lock.

Good point. Maybe I should sell it. People usually take it more seriously when they pay for something. 

But yes, this is not about addiction. People can get addicted with or without strategy. This is just about a simple fact that a strategy or a script will not improve your chances of winning. I don't know if it improves enjoyment of the game. I've tried a few automated roll options on dice sites that have them built in and I don't like them, but others might like.

In the end you still lose, and scripts make you lose faster. I prefer to enjoy the game slower.

Do you still have some money in the wallet, or is it a brand new empty one?

If it's a new one you need to choose 2FA option when you create the wallet. If you need to access funds from the old wallet you will need the old seed and use it to restore the wallet.

https://electrum.readthedocs.io/en/latest/2fa.html

Why would it be illegal? If it's based on public information (sports stats for example) you can't control what people do with that information. That would be like saying that being smart and betting on a stronger horse/athlete/team is illegal. It's up to bookmakers to set the odds in a way that people can't abuse. Maybe bookmakers should use AI too.

I started this thread in October. Most altcoins lost some value since then. So it wasn't too late to sell then and it's probably still not too late.


In what way is $0 better than $1000?

Why are you creating multiple threads about your service? Please merge.

https://bitcointalk.org/index.php?topic=5211771.0

Not very professional to be yelling at your potential customers.

Also doubler scams don't belong on this board.

It's a losing bet.

If one had sold altcoins when I started this thread they would be richer now. And if they want to buy them back they could do it at a lower cost and still take advantage of the future use.

Randomness is what protects a casino against a smart player. Something that is not random, i.e. predictable with even the slightest chance of sustainable success, will be eventually exploited (think blackjack card counters).

There is no way to override the house edge. It's built into the game mechanics (number of roulette pockets, the 49.5% win chance on a 50:50 dice roll, etc).

It may rise again. It may not. It's a gamble.

Ethereum has a solid team but they also have huge technical issues like scalability. If something better comes along and solves those issues then Ethereum may not recover even if they do everything right. There are too many unpredictable variables to call it anything else than a bet or a gamble.

Since the start of this thread ETH declined by ~25% against USD and ~16% against BTC.

It's just a lazy effort by the OP to advertise their site. As others noted, they list some scams and don't list some known reputable sites. The site says "bitz.gg" when you open it. Looks like they rebranded to a different domain but didn't bother to change the references. Don't give them any traffic, not worth it.

My point is that you're not guaranteed to have a lucky streak. And if you do - then what? Do you stop playing for the rest of your life or do you still play later hoping for another lucky streak? The probabilities are against the player regardless of any strategies. That's how gambling works and randomness is a powerful tool for casinos to stay profitable while keeping the game reasonably fair (meaning a fairly consistent chance of losing) for the players.


Gambling is entertainment and a win is a bonus.

No, that would be even more confusing, like "what's a smerit? smelly merit?"

It shows "+" not "-" so I'm not sure where people would be getting the idea that it decreases anything. But it would be nice to have links to explanations of forum features next to those features. For example nice little question mark icon next to "+Merit" links to the the merit ANN thread in Meta. Similar icon next to the trust scores links to the explanation of trust system. It's bewildering how unfriendly this forum is to anyone who doesn't live in Meta.

That's not how probabilities work. The chance to win or lose any individual game is the same regardless of sample size.

Casino's sample size is large enough anyways so even accepting your premise they still don't have anything to worry about.

That's literally the opposite of what I said. Play for enjoyment and embrace the losses because that's the only thing (in the long run) that you're gonna get out of it. Don't play if you're expecting to win because that's not what gambling does.


The advice is to not gamble if you're expecting to win. Win is a wrong expectation when it comes to gambling.

Investment and trading is not the same as gambling. While there are some elements of luck, with the the right skills and risk management techniques you can actually make money in those activities and their primary purpose is not entertainment.

How much money do you have and how much are you betting on each roll? Let's say you have $1000 and bet $1 at a time, to make sure that you can last at least 1000 rolls. Statistically you will have lost $10 by the end of this game, assuming a typical 1% house edge - that's what you can reasonably expect.

Your chances to be "up" at any point during this game are not higher than the chances of winning any single bet, in fact they're getting lower because of the house edge slowly decreasing your bankroll.

If you bet more than $1 you'll be losing even more and increase your chances to go bankrupt before you reach 1000 rolls.

Even in skill-based gambling such as poker or sports betting it's not as simple as having some skills and making money. It's a competitive job where you have to be better than many (or most) of other people trying to do the same. Not like for example being a truck driver or a plumber, where you just need reasonable skills and willingness to work hard.

It's somewhat like the situation in those sports that gamblers are betting on. For every successful professional basketball player there are thousands of kids whose parents spent a lot of money but it didn't result in a professional career. They maybe got other benefits out of it (health/exercise/enjoyment) but if their goal was to make money then they failed. For every successful sports gambler there are many others who have to lose in order for the few to make money, and for the bookmakers to make money.

If someone takes up poker or sports betting expecting to make money they're almost as likely to be very disappointed as if they were playing dice. They do have a slightly higher chance in skill-based gambling, but they have to be extremely good at it to make use of that small opportunity.

I saw that too. It's weird. I think those members if accepted should have "sold my signature for cheap" as their avatar text

But it's business as any other. If the manager thinks they're getting a good deal they'll take it, why not. Not all high-rank members who apply for a pay cut like that are great posters so I think a good Member poster still has a chance there.

Have you thought what would happen if everyone used gambling as a great way to make money and also had effective winning strategies?