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101  Economy / Gambling / Re: LuckyDiamond.io 🎲 Big faucet 🎲 Diamond rains 🎲 Hourly contests on: October 14, 2021, 12:16:20 AM
Quote
Referral program starting from 50% of referral wager and up to 85%!

I'm sure this is a miswording?

No way you're paying 50% of referral wagers as referral commisions.

Did you mean 50% of the house edge incurred on referral wagers? Or perhaps some other mechanism?

You need to clarify this for anyone to take your offer seriously.
102  Economy / Scam Accusations / Re: Bitvest is a scam on: October 13, 2021, 11:45:24 PM
A "instant cashout" casino where the hotwallet is ALWAYS empty. At a certain point, call it what it is, they're choosing to leave the hot wallet empty. It's not as if an unexpected surge of cash outs is the problem.
But don't worry, you can still play your crypto in the meantime! Hot wallet will be filled as soon as you bust.
If you get bored, don't forget to come to chat and have one of the mods repeatedly literally harrass you, including specifically banning you for 3 minutes then unbanning you (because they weren't justified to begin with) just so you won't get rain anymore ("the same person shouldn't be getting top spot every rain")

Oh and promo? That doesn't even exist anymore.

I actually agree with this one.

The behaviour of not having a hot wallet and allowing cash outs to be cancelled is definitely shady.

I doubt that you'll be "scammed outright" if you play though. Lightlord has been around a while, has always been less than professional, but yet has always paid out at the end of the day.
103  Economy / Gambling discussion / Re: No one talks about Sic Bo!? on: October 13, 2021, 11:30:03 PM
It's not a very popular game.

House edge is very high as well and there is all luck and no skill involved.

Not a very good combination to attract players. Plus, the rules are complicated and people aren't likely to learn all of this to bet their money.
104  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: have you ever play or won from a crypto exchange lottery? on: October 13, 2021, 11:21:11 PM
Yes, I've played plenty of times.

There's quite a lot of platforms that offer this, honestly. I personally play the most of freebitco.in.

Not a big fan given that house edge has always been pretty high and the games are just way too slow for my liking.
105  Economy / Speculation / Re: Can BTC hit 70k$ this Christmas? on: October 09, 2021, 06:37:10 AM
It's not impossible.

The bull market still has some gas left in the tank, although I am thinking that we're nearing bubble territory and a pullback is going to be likely warranted by the end of the year.

But markets can stay irrational longer than you can stay solvent. $70k is not implausible given the hype right now, that's for sure.
106  Economy / Economics / Re: Permanent inflation or "just temporary" on: October 09, 2021, 05:45:00 AM
Inflation is built into the fiat economy.

The fact that countries have an inbuilt inflation target should be enough to prove that.

To think that inflation is just transitory is absolutely ridiculous. You might as well be saying to yourself that fiat is going to last forever even though all the fiat currencies that we have ever seen in history have gone down in flames irrespective of their country of origin.
107  Economy / Speculation / Re: How do you explain the October pump? on: October 09, 2021, 05:27:41 AM
Everyone was blaming September for the dip like it was a dip holiday and just waiting for October for the pump. And as soon as October came - and I mean literally, like the first day of October - prices started to go up and it started to pump. How??

Why do we need to give reasons for even single price movement?

The answer that you will get, more often than not, is just going to be a combination of coincidence and normal market fluctuations.

People like to bring up all sorts of infographics to prove their point that some months perform better than others for crypto, but all of this could literally be due to chance and nothing else. If there was to be a relationship between what month it is and bitcoin price then wouldn't you think that people would trade the hell out of it already?
108  Economy / Gambling / Re: BitRoul.com the only Roulette with no Zero and a solid Provably Fair on: October 09, 2021, 04:51:13 AM
Quote
Abuzmaster and Benismail are the same player .

   A winner can only win once .
 
   he has been paid 100 USD

   Peter

This is the problem with running these promos for anonymous users is that they will get abused, but you have very little chance to prove it conclusively that people have cheated.

I think that unless you have conclusive proof, you should pay out these winners for the promos.

In the future, perhaps lower the stakes so that even if you have to pay out you don't have to pay out as much (and hence don't need to worry as much about cheaters).
109  Economy / Economics / Re: Are banks needed for crypto? on: October 09, 2021, 04:08:40 AM
Absolutely not.

DeFi and other instruments have only pushed us closer to this eventuality.

Banks are exactly what crypto promises to replace. Stablecoins which require banking institutions to be effective are not the way forward.
110  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Why does AXS continue to increase in the market while others experience dumps? on: October 09, 2021, 12:55:36 AM
There is definitely a lot of hype surrounding the NFT space right now.

My personal view is that a lot of hype regarding this is unjustified and is reminiscent of the 2017 pumps with ICOs and coins like STEEM.

AXS seems like a pretty good project but I don't think that the valuations stack up, given that it has virtually no utility outside of its own metaverse.
111  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Buying shib right now on: October 08, 2021, 09:15:34 PM
Hi I want jump on the bandwagon right now and buy some shib haha I am looking at the rsi and extremely overbought I see. Should I just wait a bit for it to come down some then buy? Or this still going through the roof and I should get on now?

Take a deep breath and ignore it.

It's easy to get caught up in what is happening when people around you are making 100x their investment on a weekly basis.

But at the end of the day, SHIB has literally 0 intrinsic and the Vitalik burn was literally why it has any value in the first place. You might as well be putting your money on dice.
112  Economy / Gambling discussion / Re: 2022 NBA Season on: October 08, 2021, 09:41:37 AM
It seems like Kyle Lowry is having a good time with his new team, the Miami Heat.
https://twitter.com/TheNBACentral/status/1446309643073036290?s=20
Building chemistry will make a team stronger and as I watched the game, I don't see him having problems with that, his assists are spot on.
Heat looks strong and they might end up being one of the top in the East next to Bucks and Nets considering the 76ers would not fix the problem with Ben Simmons.
Meanwhile, Jalen Green also showed why he is the number 2 pick scoring 20 points for the Rockets and lead the team for a 23-8 run but fell short as Miami Heat still won the game.

I don't think that the Heat will win anything.

They will definitely make the playoffs and be a good regular season team. But they simply don't have that x-factor to push them over the edge when it comes to winning the conference finals/finals for instance.

Lowry is a good pickup but he's older now. He will be a gel guy for sure but chemistry was never the issue.
113  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Is it Good time to invest in ETC ?? on: October 08, 2021, 08:53:43 AM
Not really.

Past performance is not an indication of future performance by any means and especially not when fundamentals have changed.

I think that people have largely moved on from the ETH debacle from the past bull run and ETC is mostly kept alive from a select few believers. No long term prospect of this project overcoming ETH imho.
114  Economy / Gambling discussion / Re: $2.7 billion merger - Bally's Corp and Gamesys - one of the biggest in gambling on: October 08, 2021, 01:26:07 AM
Definitely makes sense for Bally's.

They weren't going to survive just running physical locations anymore. Rent is expensive and at the end of the day people simply aren't that fond of going back to a physical premises after the lockdowns.

Online is the way to the future for casinos. Even a fool knows that.
115  Economy / Economics / Re: Will governments capitulate and finally recognize Bitcoin as a legal tender? on: October 07, 2021, 10:53:32 PM
I doubt it.

They will likely fight bitcoin until the end which is rather sad, but I don't see fiat winning the battle with grassroots support on bitcoin's side.

The restrictions, KYC/AML and such are all a result of the current governmental pushback. I don't see an end in sight for these things.
116  Economy / Gambling discussion / Re: Karnataka Government Banned Online Gambling on: October 07, 2021, 10:24:04 PM
I think that this is going to be quite unenforceable.

Governments can ban whatever they want but at the end of the day if they can't prevent people from using VPNs etc. it's not going to work.

Seems like a knee-jerk reaction in my opinion. An overreaction to a tragedy that implicates the whole population & probably their tax revenue negatively.
117  Economy / Gambling / Re: 🚀Bitgame.com|🔥LUT Lightpaper is Launched|⚡️Crypto Betting + Weekly Divs|⚽️🎮 on: October 07, 2021, 09:50:00 AM
How much dividends are you actually paying out on a weekly basis?

What is the dividend yield?

I agree with other sentiments that the dividend system is used as a marketing ploy too often now. Having a token alone isn't justify investors to buy into the scheme, you actually need to have good results/betting volume to attract people.
118  Economy / Speculation / Re: Can BTC hit 70k$ this Christmas? on: October 07, 2021, 08:45:05 AM
Ahh, classic prisoner of the movement syndrome.

I think that it is very unlikely. Resistance at $60k has been tested before and has proven to be extremely strong.

I do expect prices to fluctuate around the $50k range but the growth from this point on will be very slow and steady given the large market cap of pretty much all major cryptos.
119  Economy / Economics / Re: Evergrande situation on: October 07, 2021, 08:01:28 AM
Now we all have seen that Bitcoin reacted really well to the recent events, especially China's cryptos ban and Evergrande's crisis.


The second topic is the one I want to particularly focus on (crypto ban looks ridiculous and useless, so I don't wanna focus on that), because the Chinese central bank warned everybody of a possible "storm" that could occur in these weeks.


Do you think that we can consider this crisis solved or should we really expect another little bearish move?

I think that in terms of the stock market, expect a lot more bearishness to come.

This is not the worst by any means. There are many other firms that are waiting in line to fail.

Plus, Evergrande has not been bailed out or survived all of their future payment deadlines... Keep that in mind.
120  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Are Airdrops and Bounties worth the work? on: October 01, 2021, 09:57:38 AM
Short answer: Hell no.

I think that the only profitable bounty campaign that I've seen that actually had decent rewards was the Antshares one on bitcointalk.

All the other ones completely underpay their participants. Same thing for airdrops, the effort you put in for airdrops can probably yield you better returns if you just put it to your personal growth & development.
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