Bitcoin Forum
June 17, 2024, 06:39:58 AM *
News: Voting for pizza day contest
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 4 5 [6] 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 ... 63 »
101  Bitcoin / Bitcoin Discussion / Re: Bitcoin a possible tool for revolutionising financial inclusion on: May 13, 2024, 03:11:24 AM
    Despite the advancement of technology and the modern era we live in, there are still areas where people are either underbanked or unbanked. On a nationwide evaluation, millions of Americans are said to survive on an economic margin. Weighing the level of unbanked citizens in the US, it can be said that 10 million house holds (7.7 percent) are affected. It can be inferred that the neither have a checking or saving account. In a situation as this Bitcoin as a decentralised currency can become a powerful tool to liberate this inclusion challenge. Eliminating the challenge of banking system but still enhance easy transaction taking advantage of the p2p system Bitcoin ecosystem provides.

    Here are a breakdown of how this can be achieved

    • Global Reach
    It only cost one internet connection to participate in the p2p transaction. No bank or third-party intermediary, no bank stamp, every single transaction is time stamped and appended on the blockchain open ledger. This can boast transaction within this regions which means there is no geographical limitation allowing Bitcoin transcend beyond continental boundaries.

    • Remittances
    With Bitcoin migrants can send money back home more swiftly and affordably. The cost of cross-border remittances can be overwhelming and cost inefficient. So Bitcoin been a borderless and intangible asset can perfectly cub this limitations

    • Economic Empowerment
    Inflation is eating deep into our society and we wake every morning to our currency devaluation. Let's take Africa, Nigeria as a case study where the cost of living keeps hitting hard on the citizens by the dawn of a new morning. Bitcoin can serve as cutting edge tool to pose an economic balance in the stabilising the economic challenge.

    • Entrepreneurship
    Most Business today accept Bitcoin as mode of payment just like Microsoft which started accepting Bitcoin as mode of payment in 2014. In this areas where people suffer financial restrains Bitcoin can become a promotion tool for financial inclusion. Bitcoin can serve as a payment option.

    • Financial Education
    The need to educate this underserved population about Bitcoin should be a point of concern. This can help them in making informed financial decisions and also take control of their economic futures.

    The positive impact of Bitcoin of this sensitization can become a building stone in promoting financial inclusion
    [/list]



    Source: FDIC(Federal Deposit Insurance Corporation). 2014. 2013 FDIC National Survey of Unbanked and Underbanked Households, Washington, DC: FDIC.

    ---.2012, 2011 FDIC National Survey of Unbanked and Underbanked Households. Washington, DC:FDIC

    There is a large amount of the population, which I would consider 7% pretty large of a figure for being unbanked in America, you can definitely increase that rate with Joe Biden's treason opening the flood gates wide open for anyone to just basically walk into the US. So that number here will definitely continue to rise for the foreseeable future lol. Seeing that the FDIC is posting this and documenting it online shows that they definitely will have an eye out for future regulations as this becomes even more prevalent over the years, which it of course will.  I think a lot of these main pointers are still only just begging to evolve, like the businesses who accept BTC as payment- I fully believe that there will be like complete bitcoin mastercards and visas soon that complete transactions using existing framework, but that is just a hypothesis. That tech is also used currently already.
    102  Bitcoin / Bitcoin Discussion / Re: Do not get discouraged by the current price of Bitcoin on: May 13, 2024, 03:06:00 AM
    I overheard a discussion between two friends and one was telling the other that Bitcoin is a scam and that a lot of people preached about the halving and how people could cashout from it. The other friend was trying to convince him to continue holding his asset but he refused and replied that nothing would stop him from selling the coins he's holding.

     When I heard that man mentioned cashing out from the halving, I understood that he might know about Bitcoin but he's not properly enlightened concerning it. A lot of expectations were cut short after the halving event cause most people expected Bitcoin to set a new height of $80k but then it didn't even get close to the previous all time high and have reduced below $60k currently.

     I think people shouldn't get discourage by that, though I didn't experience other halvings cause I had zero knowledge about Bitcoin then but i think something similar have occurred before in one of the previous halving where Bitcoin price didn't go up as expected but later traced back and went up after some period, a lot of people might begin to panic and sell their coins but I still see this an opportunity to buy more Bitcoin and for those who are not opportuned to do so, holding is the best option, please correct me if you think am wrong  

    You're definitely not in the wrong with your line of thought, I would have to agree with you there that people should panic and make these emotional decisions and sell all of their holdings. Then again there is no talking to someone who has already made up their mind, especially if they won't even hear you out. I say put your two cents in but at the end of the day they have to see the vision and believe in Bitcoin. Ask that man, do you believe in bitcoin? Do you know what I know? Do you know how sound & incredibly designed it is? These are all questions I would ask them. At the end of the day just make sure you and your family are set! Shoot I even try to tell this stuff to my family, it took a long time for them to finally start coming around on this stuff. Sometimes you also just have to keep hitting them with fact after fact, I mean if its someone you truly care about.
    103  Bitcoin / Bitcoin Discussion / Re: Bitcoin as a core subject in our schools - Good or bad idea? on: May 13, 2024, 03:00:18 AM
    The educational system now resembles more of a cycle, where knowledge is being recycled in the minds of the younger generation. When we examine certain aspects of this sector, we realize that we are essentially being taught the same things repeatedly. Some of these concepts are quite important, especially when we choose a career path at an early stage, while others are not necessarily meaningful.

    At times, I ponder, why do we even go to school?. Is it just to gain knowledge or to achieve financial success in the end?. Well, it appears to be both. If our ultimate goal is to secure a good job or a stable source of income, then why aren't we taught certain financial matters at various stages, such as investment, money management, and effective saving methods?. Sadly, many individuals today earn significant incomes but lack a solid financial foundation.

    Old scheme
    It's interesting to note that the current evolution of Bitcoin and its technology is gradually rendering banks and financial institutions outdated. The failures of banks and financial institutions have been revealed, as many now see Bitcoin and its technology as a new form of money, a good saving and investment plan, and also a way to manage money.

    Unfortunately, our schools still teach the young about banks and financial institutions, denying them the truth about real world happenings. Additionally, history has become a core subject even for those who want to study courses far outside it. They continue to teach these young ones about those who have ruled and stolen money from their nation, rather than implementing a financial subject (like Bitcoin) that would enable them to build their future at an early stage.

    Please don't think that I condemn any subject in any way, but you would certainly understand my point of view if you were once taught certain unnecessary subjects and ended up becoming something else. Knowledge, they say, is never wasted, but there are certain knowledge that are not important.

    Bitcoin as a core subject
    Bitcoin itself is very broad, comprising its network, technology, and even financial aspects, which gives it more credibility as a subject. Teaching Bitcoin as a core subject at a certain stage opens the eyes of the young and enables them to make good financial decisions at an early age.

    Due to it's complexity, basics of Bitcoin should be make good focused on, such as:
    • Buying and selling
    • Sending and receiving
    • How to store them in a wallet
    • Basic introduction to bitcoin investment, etc

    As students begin to show interest in pursuing further studies, the need to delve deeper becomes vital. It's important to note that making Bitcoin a core subject aims to enable young people to make early financial decisions, allowing them to determine whether they want to invest in the future of currency (Bitcoin) or continue to rely on traditional fiat currencies. Teaching Bitcoin as a core subject would solidify the evolution of new money (Bitcoin) without leaving room for questions or debates about its adoption.

    Is there any hindrance to this idea?
    Ideas like this might sound good to some while not the same to others. Certainly, I think the government might be the number one hindrance to such ideas, as they would keep feeding the minds of every generation with corrupted banks and financial institutions, making every generation believe that only banks and financial institutions are the places worth leaving our money.

    In addition, when every generation keeps using fiat currency, it would be very easy for financial institutions to print excessive money for their own selfish interests. So I think those in power might be a significant setback we might face in many countries.


    Note: core subjects are not mandatory subjects.

    Warning - This is not financial advice, but rather a suggestion aimed at helping the next generation understand the new form of money and also make an early financial decisions for themselves.

    Question - Do you think Bitcoin should be made a core subject in our schools?

    Many colleges have added in blockchain courses and things of this nature. I for one absolutely agree that Bitcoin should be a core subject in school. I think the folks who are doing a great job with this recently would be El Salvador. Their people is fully immersed into Bitcoin having made it their main currency. I really want to get some of those volcano bonds too btw lol. I think it would be incredible if kids in middle school and high school could get this type of education, one thing I think is for sure is that the US will never adopt this, other countries who are at higher levels in their schooling systems will. Countries that want their own to have an advantage will.
    104  Bitcoin / Bitcoin Discussion / Re: Coinbase on the defensive about these bitcoin ordinal centralized meme coins on: May 13, 2024, 02:56:11 AM
    With the BRC-20 tokens taking up the majority of the block size on transactions sent to the bitcoin blockchain in the past three weeks causing chaos and having users of bitcoin paying enormous fees, one of the first exchanges in the US have had enough.
    They sent their customer base newsletter out in an email late yesterday about a certain token known as pepe.
    The email entails and describing the Pepe meme as a hate symbol co-opted by alt-right groups has drawn significant ire from the PEPE memecoin community.
    source: https://cointelegraph.com/news/coinbase-calls-pepe-a-hate-symbol-prompting-calls-to-boycott-the-exchange
    Only 24 hours ago the pepecoin backers with the community on twitter were asking Coinbase to list the BRC-20 token on their exchange with screen captures of the symbol on their own webpage, either real or photoshopped on several of crypto influencers twitter feeds.
    But now they are all up in arms against the American exchange with these mass emails being sent out with no hope in sight for their beloved green frogfaced meme which was created back in 2005 and made the rounds on huge online media sites such as reddit and 4chan.
    https://www.coindesk.com/business/2023/05/11/coinbase-newsletter-flags-rise-of-pepecoin-and-brc-20-tokens-irks-crypto-twitter

    Since then, there was some news about pepe & memecoins topping Coinbase in trading volume just today.
    Uniswap Volume Leapfrogs Coinbase Thanks to Pepe and Meme Coins
    https://decrypt.co/139594/uniswap-volume-leapfrogs-coinbase-pepe-meme-coins
    "Uniswap still looks to be slightly ahead of Coinbase, with $1.2 billion volume compared to the San Francisco-based exchange’s $948 million."

    Very interesting how these tokens which have no utility or intrinsic value except to the one's holding it, has up ended the king of all crypto and has caused a flurry of problems for the over 14 year cryptocurrency.

    Ah yes, the allure of the meme coins has gripped all the generations, even my father! I wonder if many of the younger teens have figured this stuff out. The exchanges that embrace these changes are right for doing so I think, it surely brings more volume to their exchange no doubt I might add. I think there are so many different ordinal protocols that do the insciptions better and use the space in a much more efficient way so I don't know if BRC-20 will end up being adopted as the standard. As far as meme coins are concerned tho its incredible the gains you see from folks on social media, etc, sometimes you wonder if its real but then again it is crypto and anything is possible lol
    105  Bitcoin / Bitcoin Discussion / Re: No risk no gain on: May 13, 2024, 02:53:01 AM
    it's no longer called risk if we can already detect the outcome of the action.
    I disagree. Risks are anything that involves danger but this does not mean we can not foresee or expect the situation. Risks can be avoided if we calculate our actions well and make the right decisions. We just have to be prepared and prevent from going forward with these risk scenarios.

    In crypto, knowledge will get you anywhere.
    Knowledge is one thing, forecasting the future is another one. There are many things that happen out of the blue, and there is no time to react, just look what happened with Covid or the recent wars in Russia and Palestine, the markets just go down, how many people can react super quickly to that kind of events? There is always an unknown factor, knowledge alone is not enough, even fortune plays a role.

    We can only minimize risks with some pre-prepared contingency plans, but we cannot say that we can anticipate and avoid all risks. No one has a crystal ball to predict the future, especially in a volatile, manipulation-filled market like cryptocurrency, the risks are multiplied.

    It is true that knowledge is the key that leads us to success, but having knowledge does not mean that we will definitely succeed. Having complete knowledge only increases our odds of success, without any guarantees. I agree with you, there need to be many factors combined to bring us success, and knowledge alone is not enough and sometimes luck will play a more important role. 

    I just want to figure out how to trade these meme coins & make crazy gains but talking about risk here this is right on subject because that is one of the riskiest moves I think you can make if you don't do it quick enough or in the right time frame. But I am seeing some of my friends who have showed me their gains and all the explanation I get is that they just copy and paste what some trader is doing with no rhyme or reason, talk about risky! haha. Bitcoin long term I would say risk is very LOW & reward is very HIGH!!!
    106  Other / Meta / Re: Artificial Intelligence on the Forum on: May 12, 2024, 03:27:45 AM
    AI will make spamming much easier because users that will try to spam the forum can just make multiple accounts and then use AI to create topics and posts that clearly doesn't have any thought in it or organic idea in there which makes it easier to reproduce with just a simple prompt, they'd probably be able to do it. So rather than dealing with that possibility because they want to serve people equally and give them the freedom that they want to have, outright prohibition is the route that they've chosen which is understandable because that's the way that would be better for more people, the quality of the posts aren't even going to be affected or would be damaged because there's a restriction on AI generated posts.

    The other thing that makes AI bad for this forum is that it would be an unfair advantage to those that knows how to post without the assistance of an AI.

    Its really going to be difficult to weed out the users who use AI and the users who don't. I wish there was some way to trace it all the way back to the text like some sort of source code embedded into the text that would tell you who the verified maker of that text was. This would make your digital signature have a lot more weight in places like this, I can see some sort of digital signature standard becoming popular in the future to prove that AI was not used in the writing or something of that sort. For use in the forum is stickily banned and anyone who partakes in this type of behavior without properly sourcing will be shown very little grace, if any.
    107  Bitcoin / Bitcoin Discussion / Re: Share your top mistakes in crypto - learning from others experiences! on: May 11, 2024, 07:19:54 PM
    Hmmm I would definitely say that just trying to make money with other altcoins was a waste of time and money, I should have just stuck with Bitcoin the whole way through. But in hindsight I also secretly wished that I had gotten a come up with one of those meme coins. Thats the problem with all the other coins except for Bitcoin, they're all risky! Also using Ledger was a huge mistake, nobody could have foreseen that tho. Hmmm lets see when Binance changed to US and Non-US version I accidently sent a small amount of funds to my old non-US address and they kept all of that. Ledger also was a little shit when I transferred all of my assets off there they kept .01 BTC of mine! Those bastards. I also had to try like 20 times to get my stuff off of there thee Nano hardware was failing lol I would say buying any Yogg cards were a mistake, also not buying enough of Bitcoin and some other physical coins when I had the chance. Hmmmm, and also selling some Bitcoin, I definitely regret that lol
    108  Bitcoin / Bitcoin Discussion / Re: Do you trust bitcoin holders? on: May 11, 2024, 01:14:13 PM
    Since bitcoin promotes mostly anti-government, banks, etc.


    I am wondering; Do you trust bitcoin holders?

    So you are saying that anyone who doesn't trust the government shouldn't be trusted when the government has done so many awful things that aren't in the interest of their people?? Look at the US today, Biden does not serve one interest of the American people. The whole purpose for Bitcoin is to not have to rely on trusting a middle man aka the corruptible politician in this case. Bitcoin is the bipartisan solution here in our currency democracy. I trust that bitcoin holders have a good reason to see the value that bitcoin provides here.
    109  Economy / Collectibles / Re: CYPHER HODL-Experimenting with ideas for different physical bitcoin designs on: May 11, 2024, 12:54:53 PM
    Really nice! Where do we score one of these?

    This is a 1/1 prototype m8! Unless Krogoth is doing a certain number mintage on these but I don't think that would be the case here. If it does happen to be the case on this please put me down for one Cheesy

    This coin gives me hogwarts & harry potter vibes and its cool with the dice. I also had a fun idea while reading this post regarding the dice and perhaps a cool take on dice collectibles so thank you for that inspiration Cheesy
    110  Economy / Collectibles / Re: [WTS] Alitin Mint, Finite By Design BCH silvers, Bitcoin Penny ZEPH, Vault Bar on: May 11, 2024, 12:49:11 PM
    Added a few new items:

    2017 Polymerbit 100 & 250 GULDEN notes
    2018 Blockchain Lockbox hardware wallet

    I would be interested in the 100 and 250 GULDEN Notes , I tried to google them and I came to the old post with the now invalid imgur links *SIGH* if only all the posts that have all those pictures we are looking for would work, i'm sure there is like a wayback machine? Maybe we can find the wayback machine strictly for bitcointalk specifically for when those links worked and be able to see the photos again? lol. Probably wouldn't work for some stupid reason but I just had that random stroke of brilliance lol. Also, in doing so I did find an old imgur link with a BUNCH of epic Bank of Polymerbit notes and they are all so sick! Check it out: https://imgur.com/a/plBY9m2
    111  Economy / Gambling discussion / Re: A Max Win is the worst thing that could happen to you. on: May 10, 2024, 02:03:16 AM
    Most casinos nowadays don't let you do the KYC process until they request it, this means you will not get KYCed unless a lot of money or fraud is involved, but it would be nice if users could do the KYC process before deciding if to deposit or not.

    Well, this time i have 3 questions for the community, i want to see what people think about how gambling works nowadays.

    If you could do KYC process before making a deposit, would you do it?

    When a user wins a huge amount the real nightmare starts, the users have to complete the worst KYC process he will see in his life, so, should users be afraid of getting a Max Win?

    Casinos ask for KYC to avoid money laundering, but if the gambler isn't able to give the requested data then the casino keeps the money. If the casino keeps the money isn't that Money laundering?

    I mean KYC is pretty basic thing. They need to know who you are legally by gambling and casino regulations based on the geographical laws in which it resides. I guess for a casino they see that you can't pass the KYC requirement to claim the winnings therefore the transaction is void and the house wins. IF someone was to argue that in a court of law and they can't even answer some simple KYC questions I think they have some other problems that they make for them selves there. The casino knows this and thats why they get away with it.
    112  Economy / Gambling discussion / Re: Have you achieved anything from gambling on: May 10, 2024, 01:57:47 AM
    Hello pals , this might Sound Crazy And funny But there are some meanings To It when looked At critically ,I Was having some chats with My colleaques in the Office And I told them that I am waiting for the right Time to stake my bets online and one of them opted that he hates gambling and that he has never achieved anything from the money he makes while gambling , and that he either Drinks with The money or goes to club with his girl Friend and many more unfortunate reasons .

    Still on the matter another colleaque of mine backed him up saying that since he started gambling that he has never achieved anything tangible from gambling and that he feels that something mysterious is associated with the money he makes from gambling.

    Lastly , i Dont know If you have achieved anything from gambling or you have same perception like my colleaques But for me i have achieved something reasonable and tangible from gambling , So please friends let me see your opinions on this .

    The answer for me is no, I have never actually achieved anything tangible from gambling except for paper cash which was never all that much. That is probably why I don't like gambling often but at the same time I also have this weird thing where I am a very lucky person so when I do have the chance to I am often surprised with the outcomes. I know that one day I am going to make a freaking killing on a random streak of luck off of some random chance at some random game probably haha. I wish you all the best of luck!
    113  Economy / Gambling discussion / Re: Gambling mistake repeated by the gamblers on: May 10, 2024, 01:41:07 AM
    Some mistakes will always be repeated by other gamblers even after they read about the mistakes that other gamblers have made. They will continue to repeat these mistakes, both beginner gamblers and gamblers who have often gambled, because these are the most common mistakes that gamblers often make. They really don't learn from their experiences or other people's experiences so they still make the same mistakes. We don't need to be surprised by this because these mistakes will always exist as long as gamblers cannot control themselves in gambling and do not manage their money spending. Greed will come to gamblers when they win, so the gamblers who win will increasingly want to chase bigger wins but won't always be able to win in the next round. Overconfidence will also come to gamblers who underestimate gambling or other things, causing them to lose.

    Well you are absolutely right but let's just understand that gambling is a form of entertainment and not a financial solutions to poverty because when we decide to become rich or solve our problems through gambling, that is when the real problems begins. So that is why it's advisable for people to seek for support and knowledge about gambling before engaging into gambling because some gamblers think they know everything in gambling but forget that it's not everything and it's not the same strategy that is being used everyday, so the more we learn, the better we will be able to avoid some common mistakes because the odds can change at any moment or day.

    Gambling is sheer luck, but a calculated gamble, now that is the type of gamble where you gamble everything that you have in your capability that lies within the dome of your flesh & take your odds into your own hands. If you just set your mind to something that isn't given to chance, but a sure thing even if it is hard you would end up with a reward for your winnings. One thing I think is that people get so lost in finding the easy way to win money. Gambling is easy, its easy to go and blow a bunch of paper on it and then win some crazy shit in a random stroke of luck, a stroke of luck that doesn't always come for most people, I think that winning it in a game of probabilities is at least more of a fun thing because you know you have a chance with some kind of logical explanation to support that probability. But if you're in on your shit and feeling it with 100% certainty in your own mind I think your positive attitude has the chance to alter the quantum time field Wink
    114  Economy / Gambling discussion / Re: Gambling Management on: May 10, 2024, 01:29:11 AM
    That's why it's really important to manage your funds and allocate the money that you are going to play with. So at least when you are playin with the money you've won, then you are no longer playing with the original risk you've putted in. When you lose at this stage, you are just playing breakeven. No hard feelings when you lose unless you are attached with the money especially with the unrealize profits. Because money is a great tool to transfer and flow wealth. With this case, the money you are making also works for you.
    That's right, of course we have to be able to manage the funds we have won from the bets we play and for some gamblers, in this case, of course, after getting a win, they will take the winnings just to have fun and forget about the losses they have experienced before. and only a few people can properly manage the money they win from the bets they play, betting again with the winnings we get does not put pressure when we place a bet, but we must be able to keep playing without being greedy so that we don't regret it if you experience defeat, what you said is very correct, money is a tool to provide wealth and if we want money then we have to do work, not by gambling and hoping to make money and it would be better for us to think of gambling as a place to have fun.

    If only the gamblers who finally won one would take the winnings and use them for pure enjoyment. Consider taking your significant other out to a nice dinner, or buy them a gift. Take them out to a show and enjoy the winnings and the experience. Once in a while one has to be greedy for themselves and for the pure edification of reaping the rewards of ones good fortune. I would urge everyone reading this that the next time you make a nice winning gambling make a point to take that money and use it to do something out of character but in the best way and express that win to give your mood a boost with an experience you will not soon forget.
    115  Economy / Gambling / Re: TonPoker - Telegram Poker Room on: May 10, 2024, 01:17:39 AM
    First of all - i don`t believe newbie accounts, without at least copper membership. The second - referral link don`t increase my trust.  After it i don`t sure, tat poker is a nice game for telegram bot. It not very nice even for phone app, as for me. At least it would be interesting to see some screenshots from the game. I like my phone to much to test it myself and i`m too lazy to create VM for such tests.

    I'd have to agree with you, if you can provide screenshots of the gamer experience then I'd be interested. But its some telegram bot that you have a poker game set up? Do you have a youtube guide or something that we can see? What is the game play and wagering experience like & where is TonPoker based out of? I am searching for a really nice user friendly program that I can run through an application & play interactively with other peers. Has anyone seen such a service that they have found enjoyable? I would love to try this, I just don't want to waste my time.
    116  Economy / Gambling discussion / Re: Story of my life on: May 09, 2024, 01:27:15 AM
    Have you ever noticed or am I the only one?

    The more active I become with gambling, the more it drags me back, luckily I keep risking only what I want to lose.

    The less active I become with gambling, the more positive it gets for me, not most of the time but my results are simply better than when I was very active.

    It's like the casinos are wired to mess with the most active gamblers. I don't know, so far I can only find someone who has seen such before.

    A friend who lives far away from me has also said the same, he got tired of gambling because it wasn't going his way but when he started talking it less seriously, that's when he started to get positive results.

    Has anyone had the same experience before?

    Casinos are wired to do exactly that! Its how they get the most money from you and its also how they keep winning again and again and again. If you feel like these things are dragging you back then don't hang on to them anymore brother, take back control and put it to rest because it will only get worse and much much harder if you ever get past that point and gamble more than you can lose. Just don't ever let it get to that point. This is not financial advice, gamble at your own risk.
    117  Economy / Gambling discussion / Re: The Future of Gambling on: May 09, 2024, 01:15:05 AM
    There is also the possibility that there will be no innovation and players will continue to have fun at physical and online casinos. But I don't think VR will be a big change, at least for now.
    Innovations will always be happening every few years. But whether they will have a long term use is not known. Some people may embrace VR gaming in gambling being able to bridge the physical - digital divide in casinos while others just want to feel the real thing with their hands and not just see it.

    Some others will prefer to remains anonymous and gamble from their cozy nest.

    Tech will always improve and bring new things. But ask yourself if that is necessary or not.

    I'm really looking forward to having the kind of virtual experience like you're actually sitting at the poker table and can engage in conversation and or smack talk with the other players, maybe say put on a "poker face" haha or doing other things I think that it would be a lot of fun to give that a try. I remember my uncle used to play in an online poker chat group with virtual chips years and years ago in like 2007ish time frame. I remember watching him as a kid, he would always chime in the chat and say fun things to the players and call them "M8" I always thought that was cool. Speaking of online poker games, does anyone have any good online chat groups like this for a crypto casino? I wouldn't mind playing in that type of setting betting BTC.....
    118  Economy / Gambling discussion / Re: Scratch Offs on: May 09, 2024, 01:11:28 AM
    So while we are on the discussion and topic of gambling, I wonder if there has every been a scratch off ticket thread?
    I was at the gas station today and I said screw it lets get two $1 scratch of tix because why not.

    Theres a story of different lottery tickets but incase of scratch off seems like never seen a thread created here in the community.

    @op, I wouldn’t mind you giving some details how the scratch off games works and a little advice that you shouldn’t make the gas station your new home as that possibly might lead to addiction 😎

    If you tried to search a scratch off its card that has a shape that base on the name itself you need to scratch to see the result each pattern have a particular rewards and also most of them has a multiplier. Some people says there's a strategy on it and some people seek a loophole with this game so they can have a higher chance to win. If you check in the different gambler strategy story afaik there's a one story becomes a millionaire because of this game.

    Yes that is is in case you have never seen one before. I think ultimately this is all luck. Some people have said that when it gets toward the end of the scratch off roll that it odds get better but i've never seen any evidence of this. Ultimately I put about 100 bucks in I won about half of the time and made a bunch of random $1 and $2 tickets, one time I got a $40 ticket that I reinvested and eventually lost the whole thing. Ultimately it was a lot of fun, I felt like a kid opening pokemon packs searching for the charizard, but I will say this that it can be addictive and I had to cut myself off of it lol. The Florida lottery is eye catching too that marketing team of theirs did a good job with the rebranding of the new tickets lol
    119  Economy / Gambling / Re: Poker bot profiles on: May 09, 2024, 12:36:02 AM
    I never understood Poker, may be I never was interested that's the reason. So my understanding of Poker and the entire industry is very poor. Reading your response it seems there are indeed a market for these bots and players are using it which felt strange to me LOL.

    This ask me a question, is online Poker are popular at all? If there are bots instead of players then the real excitement for the game is not there. In a real Poker table the player plays for money and excitements but the audience enjoys it because they feel the emotion of their players. For a bot there will be no support at all :-D

    Well, I'll sum it up for you. If you buy or program several bots (and you don't get caught) you can make a lot of money with no more effort or investment than the initial one. At the beginning the bots were very rudimentary and people like me who know how to play the game were able to win easily (the bots were only able to beat recreational players, also called "fish").

    But they have been improving more and more, and with the use of AI I imagine that they are more and more indistinguishable from a good flesh and blood player.

    So, if you buy or program several good bots you can make a lot of money. It would be something like being able to program several undetectable AIs that run Bitcointalk accounts and join signature campaigns.

    As for whether it is popular, poker is becoming less and less popular. It boomed when Chris Monemaker, then an amateur, won the WSoP main event in 2003. His story became popular and made a lot of amateurs try it.

    From then until Black Friday poker in 2011 the boom in popularity continued, and from then on it clearly declined. Regulations were introduced, with their taxes, which caused the houses to charge more rake and give less rakeback. Poker schools also became more popular, so the overall level went up and it became harder and harder to win. This made recreational players enjoy it less and less and look for other games, just as the houses themselves also encouraged them to try them. Even Pokerstars introduced casino games, something unthinkable in the golden age of poker.

    The thing is that the houses prefer casino games because everyone is a net loser in the long run, while in poker, although the houses collect money from the commissions, the winning players withdraw money from the system, and they don't like that.

    In online poker emotions do not matter. Those of us who play to win money try to stay away from them, and those who get carried away by emotions are fewer and fewer (especially compared to the golden era).


    Wow this was a great write up, thank you for spelling this out for everyone. I had no idea that you can purchase or create BOTs to do this for you online. I"m sure that doing this if caught is surely illegal in certian places if those regulations aren't in place already. I had the presumption that this type of behaviour was prevalent in this day and age & some people were asking me for a place to base those claims, though I had none at the time. Very intriguing. What can the OP speak on how these bots were made and where they thrive? Obviously poker but are there any limitations here? What kind of returns would one expect from one poker bot?
    120  Economy / Gambling discussion / Re: attempting to turn 0.05 BTC into 1.7 BTC on: May 09, 2024, 12:24:53 AM
    Hi everyone, I am going to attempt to turn 0.05 BTC into 1.7 BTC with football/soccer betting. I will be using this post as a journal for my bets.

    The goal is to be able to pay for medical school so wish me luck! Feel free to follow or fade my bets! Smiley But always bet responsibly.

    Starting Balance: 0.05 BTC

    Bet #1: Colombia: Envigado FC - Real Cartagena FC | Over 3 | 0.025 BTC returns 0.06625 BTC
    Bet Screenshot: https://imgur.com/a/Xn3BvXw

    tips: bc1qgll9gt4gmf8rddnyynrdrmzq9qzv336w7yezce

    I hope you get a good streak of positive luck on these games. Medical school is certainly a very expensive pursuit so I wish you the best of luck and will keep an eye out on this threat to check in every now and then. 1.7BTC is over $100,000 USD. I wonder what focus of the medical field you are pursuing? If you don't mind my asking. Once you get this money, do you plan to buy more bitcoin after med school? What is your overall betting strategy as well and are you going to try many or just stick to one main strategy?
    Pages: « 1 2 3 4 5 [6] 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 ... 63 »
    Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!