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1061  Economy / Gambling discussion / Re: Apple Vision Pro and its Implication in Online Gambling on: June 08, 2023, 10:58:40 PM
I wonder what this means for the gambling industry, the gambling experience, and gambling addiction. I would like us to discuss this topic. Gambling with this device would make it feel like you are in a casino. I am pretty sure the experience would be out of this world - the visuals, the sounds, the overall feel. On the other hand, it seems that it could be easy for a gambler to lose track of time while using the device because the immersive experience might make it difficult to see or be aware of the time, leading to a potential increase in gambling addiction. The odds against the player won't change, only the experience. Please share your thoughts on this matter.
Oh it's the new VR gear, with a seemingly insane price tag afaik AND a battery life that sucks ass. The thing is, there are probably more bad sides to it but just these two are already more of a reason that shows this thing isn't really worth it for what they showcased (which was err, watching movies, live virtual showing/presentation idk what you'd call it really, and other stuff similar to that). A laptop or mobile phone would 100% suffice, and be a lot more comfortable with a LOT lower of price tag. This is just a premium, expensive idk, toy for people who want some luxury in life. Which I kinda get, Apple does have their target audience as those tbf.

But to it gambling, I don't think it matters much. It just enhances the experience if it can do what I'm imagining it can, since it has afaik AR tech as well? Should be a rather immersive experience imo. But to buy it just to gamble? Nah, I'm better off going to a physical casino really.
1062  Economy / Exchanges / Re: Explain this to Me Like am a Five Year Old on: June 08, 2023, 04:59:59 AM
  • What does the SEC really want? Do they want to shut down Binance US and Bitcoin?
  • What would happen if CZ doesn't show up and a judgment is passed? Would they arrest CZ and use him as an example?
  • Does the SEC want to push Binance out of the US and convince their allied countries to do the same?
  • What are the implications of Binance leaving the US? Will it hurt Binance more, Bitcoin, or the US?
  • What message is the SEC trying to convey to other nations, especially their allies?
SEC filed charges cause they saw something, simple as that. They're simply following their assumption that CZ broke the law or something similar. Now CZ going under would potentially also mean Binance going under, so that's that.

Wouldn't CZ lose the case immediately if he doesn't appear? Not familiar with law stuff mb.

As for the rest, all in all I think the community is over exaggerating things because there's no clear reason as to what's going to happen. In all honest, Binance shutdowns as the worst case but I doubt its going to give any permanent damage to the crypto scene. Unless, ofc, they finally release a clear set of laws that go against/reject crypto itself due to this case but eeeehhh I think the cases is more about the running of the exchanges itself than crypto.
1063  Economy / Gambling discussion / Re: Bankroll management discussion on: June 08, 2023, 12:18:20 AM
Are using a fixed percentage on your bets or you are just betting random amount? Also do you deposit your total bankroll and just withdraw if you are on target profit or stop loss or you are just depositing exact amount of money for your gambling without extra.
Random. I can have instances where I use really slow amounts cause I wanted to gamble for quite some time, at times I just yolo and dish out my entire bankroll in one single bet after entering crash. Thinking about how much I bet before I even do seems kind of counter productive with enjoying the game. Not much enjoyment there tbh.

As for deposits, it's usually a set amount. If I leave extra lying around there, I just fill it up to the usual amount I deposit. I rarely withdraw my money from casinos.
1064  Economy / Gambling discussion / Re: Have you ever felt remorse after gambling? on: June 07, 2023, 10:24:55 PM
I saw this online and thought maybe i should bring on to bitcointalk for discussion.

If a person gamble and at the end of the game he starts to feel remorse is that a good thing or should the person be on alert?
Eh, I mean it's something similar to pity I guess so I may have felt it before. But it's a lot better than someone who just throws away money without any feelings about it though no? I mean even investors would be rather nervous throwing x amount of money somewhere (yes gambling and investment are different but it's about spending money in general).

Now that I think of it what I said about spending money without feeling anything is the one you should be afraid of. Cause it's either in one of two cases at least, one, it isn't your money so you feel nothing about spending it (red flag if you consider this is technically loans), or two, you feel like you can just take a loan if needed. In both cases well, you're addicted. Luckily, the latter means you've spent only your own money, no one around you is affected yet and loans haven't been done, so you can still fix it without being hurt by debts. Former? Not so much.
1065  Bitcoin / Bitcoin Discussion / Re: People are giving too much importance to exchanges on: June 07, 2023, 12:25:10 PM
6 months ago, my savings went down because of the FTX debacle. I've never used FTX, I've never been a customer of this company, but my savings are in BTC, and because of that failure, BTC's value went down, and so went my savings.

Today, bis repetita. I've never used Binance. I've never been a customer of this company, but because the SEC sues Binance, BTC is down, and so are my savings, so I have a message to all bitcoiners out there.

Exchanges and BTC are 2 different things. One exchange going down doesn't mean BTC must follow.
Binance will disappear? I don't give a damn.
Well you don't, a lot of others who don't give a damn about hardware wallets do, or exchanges in general. As much as you've not used centralized exchanges, a lot of people have or are still using them. It also doesn't help that Binance is generally a big player in the scene, though I guess with how the FTX fiasco went on, I'm hoping the effects are relatively lesser, compared to back then since I do hope people wouldn't be dumb enough to repeat the same thing. Again. After just a few months ago of basically the same thing.

Well, hopefully the current trend continues. Price only dropped for what seems to be a day? Maybe even half a day only? Hope it proceeds even if Binance ever actually goes under.
1066  Alternate cryptocurrencies / Altcoin Discussion / Re: In-chain Games on Ethereum: Are They Still Relevant in 2023? on: June 07, 2023, 04:46:58 AM
I don't think you need to avoid polygon due to reasons you said above, people will crowd over the polygon network if you're game is appealing as you say it actually is. It's especially advantageous considering how ETH has enormous fees, so people transitioning to polygon wouldn't feel awkward for your game, they'd probably welcome it even. Looking at it from another side though, high fees won't exactly stop the game from spreading if it's really that good. But ehhh, considering all things, a blockchain with smaller handling fees would be a lot better.

Also, I will be posting progress updates here.
I suggest creating a whole new post altogether. It'd kinda get buried with all the posts here. Maybe even self mod and reserve the first few sections so you can have them all for your updates.
1067  Economy / Gambling / Re: Top 50 gambling Instagram & TikTok accounts on: June 07, 2023, 12:55:40 AM
Do tiktok and insta allow gambling related stuff? Or at least intentional promotions anw. I know twitch and YouTube don't allow it (not anymore from what I know at least). If it's not allowed then there's really no point for the list, especially if you consider how most of them probably are centered with sports itself, and not much about gambling really.

Well it also doesn't really help how gambling games itself are simple in nature. Even famous charity poker tournaments of famous streamers are only done every now and then due to that.
1068  Economy / Gambling discussion / Re: would you play more on casino when your country plans to ban BTC? on: June 06, 2023, 10:25:49 PM
Wouldn't play, but that doesn't mean I'd pull out my coins though. I'd let them sit in my wallet, or maybe use them for some other stuff, ones that won't let the government connect the account to me. I'd never withdraw though, I'd just think of it as hodling, which I usually do. I can also access it via other countries if needed.

I'd simply play in regular casinos tbf if I wanted to gamble, I only stayed with a crypto casino in the first place because it was the first type of casino that I played in, so I just stayed.
1069  Economy / Gambling discussion / Re: European Sex Championship 😳, Will you Bet? on: June 06, 2023, 01:51:46 PM
Sweden has declared sex as a sport, and is set to launch its first tournament tagged "European sex Championship" on the 8th day of June, 2023, this means it's about 4 days left until the tournament begin?

We all can read the details on - https://m.timesofindia.com/life-style/relationships/love-sex/in-sweden-sex-is-now-a-sport-first-european-sex-championship-to-be-held-soon/amp_articleshow/100720445.cms

You as a gambler..
1. What do you make of this?, is sex truly a sport and is it supposed to be carried out openly?
2. If casinos pick this up and make provisions available to users to bet on this supposed European sex Championship, would you bet?

Lets have some serious and healthy discussion here..
Okay... This was sent as an image to me by one of my friends, I honestly thought of it as a joke but then I see this and I'm like what? I'm actually rather curious as to what the mentality and reasoning behind this is, like how was it even brought up? or even thought of?

I'd say that breathing is going to be a more likely sport than sex really. It being done openly can be a matter of discussion, well a lot more than it being applicable as a sport, that I'm sure of. And I hardly doubt I'd ever bet on this even if it becomes official (I hope not, don't make me lose hope in humanity).

Additionally, since OP's link was dead (linked me to some kind of relationship advice thing), I decided to look it up and it turns out it wasn't approved after all (whew, hope for humanity restored)?
1070  Economy / Gambling / Re: lucky block casino locked my account for no reason demanding kyc funds lost on: June 06, 2023, 04:56:48 AM
Anyways, they are demanding kyc and I refuse so they will close my account
Uhm, am I dumb or this sentence already warrants them being right and you being wrong? This is on the assumption that KYC is a rule on their casino, which usually is, and that they'd have no reason to ask for it if they didn't have in in their ToS in the first place. Registering in a casino means agreeing to their ToS, which means of they say they can ask for KYC anytime, they mean it. And with the same logic, they can lock your account at any possible time.

Never heard of the casino before, but I honestly don't think your case OP can serve it's purpose since from where I stand, you declining to do KYC is wrong in the first place.

This again stands on the premise that the casino can and will ask for it according to their ToS though. If not, then yea 100% avoid it.
1071  Economy / Gambling / Re: Top 5 Advantages of Bitcoin Casinos vs. Traditional Casinos on: June 06, 2023, 12:21:23 AM
Sooo, this is how good Bitcoin is really and not about casinos themselves? Also don't casinos just employ the same providers? The only difference really is the method of payment, in this case crypto vs fiat. Odds? As I've said providers are still the same so only local games made by the casinos could possibly be transparent.

Security? If crypto casinos use a centralized wallet to store your coins it's all the same. Especially if you consider how most casinos are actually centralized.
1072  Alternate cryptocurrencies / Altcoin Discussion / Re: Will China takeover as the leader in blockchain and start the new bull market? on: June 05, 2023, 10:57:51 PM
I hardly doubt it. Blockchain in of itself isn't really limited to crypto, so them starting development about it wouldn't really bring any big changes imo (though some waves may be created but that's about it). Plus, wasn't there already talks about China doing blockchain research a few years back already? It being said again once more doesn't mean anything at this point imo. China opening up crypto again might bring some changes but it should be temporary impacts. Though it still remains that China's main identity is of surveillance, so I hardly doubt "decentralization" itself would grow from there.

As for them being the lead since America's being, well, America, I doubt it. In the first place, I don't think there's any need to tie developments to a country? It is cryptocurrency after all.
1073  Economy / Gambling / Re: Using ToS against users normal? on: June 05, 2023, 10:37:07 PM
~
No it's not automatically called as a scam but this act is only normal. A company can truly change their terms as much as they can even without notifying their users but some casinos already give a warning about it so other users are also aware of that possibility but there might be some casinos who don't do that. This why some users are angry about them in case they can get affected by the change.

The solution is just stop playing there and make it a habit to check their terms next time to see if they have a rule about changing terms automatically. We don't usually take a copy of the TOS because it's a wall of text but maybe we will now do it, only to have an evidence in case the issue occurred later on.
For real? I mean if the ToS has a line in it then I guess it's reasonable for them to just update it without informing their users (or asking for their agreement again whenever they change it) but isn't "updating" their users about changes something required for businesses to have? It is something like a contract between the user and the website/casino after all, albeit an online one. I don't have one so I don't really know about it though.

As for those who use it, well, the moment they used it they were pushed out of "legal" businesses in my mind though.
1074  Economy / Gambling discussion / Re: Would you use a VPN on a casino, even if it is not allowed in their ToS? on: June 05, 2023, 01:08:25 AM
By the way, is a VPN always demonstrable? Would it also be possible to use a VPN without a gambling site finding out? For example, I know at Cyberghost that you can buy your own IP address, so that means that you are the only one who can use an IP address and that it has not been used by anyone else from Cyberghost's customer base. But a VPN is of course in a certain range, so it is suspicious and some sites will do anything to avoid having to pay.

If the IP is fixed, then the papers one is supposed to provide to the casino through the KYC process may need to match those issued in the location, I think?
For example, I could be a citizen from Australia living in Australia but for some reason wanted to access to a casino in disguise of me living in Europe. If the casino staff does not allow VPN or dynamic IP addresses and grow suspect of me, then they may not only request for identity documents but also for further proof of residence or bank statements.
Yup. It's pretty easy to identify where the IP location is (and VPNs usually bade your connections after all to where you want to connect from) so it's pretty easy to match. Even outside of that, comparing IPs used can be a flag as well if done so.

Even if it was Dynamic IP (which is what ISPs usually give out) it's still tied to a country. Who knows, there might also be some system that stores the og ip registration and if it was changed, compares then if country registered is different, flags the account (or maybe the IP itself).
1075  Economy / Trading Discussion / Re: Failed DCA Strategy When Buying Bitcoin on: June 04, 2023, 10:01:40 PM
The owner of this address bought a million dollars worth of Bitcoin every day from August 11, 2021 to January 1, 2023.

https://bitinfocharts.com/bitcoin/address/bc1qw0pswznckx7s6tjmd2f5hrx4q6kc5nyrdxku50
Received:   17,536.2628 BTC (517 ins)   first: 2021-07-25   last: 2022-12-28
Sent:   17,536.2628 BTC (517 outs)   first: 2023-01-01   last: 2023-03-05
Profit from price change:   -239,395,601.9 USD

Approximately $460 million was spent buying Bitcoin, resulting in a loss of over $239 million. Perhaps this investor did not know that the DCA strategy is better to use for a longer period, or perhaps he found a more profitable investment.
Ehh Idk, man DCA'd for 1 1/2 year, I don't think he'd be dumb enough to sell it all at once at a loss that big. He probably separated it into different wallets or something similar to that, or maybe just a new strategy he's trying out. Definitely don't think he sold it though. Plus with the amount of money he has, I don't think a financial advisor would be that hard to get and they should know about the cycles of the Bitcoin market, even if it was simply basing it off of history.

That, or some kind of emergency took place that needed this amount of money but what could possibly need that much?
1076  Economy / Economics / Re: What is your personal debt reduction method aside the debt snowball method? on: June 04, 2023, 11:44:02 AM
For those who have gotten out of debt more quickly, did you use the debt snowball method or another personal debt payment strategy that worked for you over the years?
I didn't use any method (or maybe I did, I just don't really know the name), but I just tended to avoid incurring any debts as much as possible when I'm under one. Of the ones I'm in, I try to pay the one with the biggest interest rate first then slowly whittle it down from there. I never try to reduce the payments I pull out from my wages, It's always the same regardless of how many debts I have so that I can pay it a lot quicker, making me pay less in the long run. I frown upon trying to take debts under me, regardless of how beneficial they can be for me for now. It just doesn't sit well with me imo. Well things might change in the long run depending on how much I learn more about stuff like this, but for now? Big no no.
1077  Alternate cryptocurrencies / Altcoin Discussion / Re: How to Know the Next PEPE on: June 03, 2023, 11:54:44 PM
In 2021 i wrote an article on medium and created a YT tutorial on how to spot a memecoin project that will become something.
From that teaching, here are the two key factors to look out for.

1. Community:

 It is community that gives speculative value to memecoin. So, the bigger and the cult-like a community is the better. It shows alot of the community will buy and create hype for the project.

2. Strategic Partnerships:

How is associated with the memecoin? If it's a notable influencer like Elon Musk, it'll moon.

Therefore in researching the next memecoin project to degen in, these factors should be your priority.

What other factors do you think influence memecoin projects?
To be fair, you actually don't. A lot of the boomed meme coins were artificially inflated, possibly together with some whales or a group taking action and trying to sway the market. At least, initially anyway. The wave that followed was simply because of people's FOMO and by then, the group that started it would basically profit no matter what. A community doesn't necessarily have one of those people, who bootstart the process. Having a big community (not too big) can help though in someone trying to identify if they should do something like that again or not.

Though without any future telling abilities, if you were to decide to invest in a meme coin, look at it's popularity, simple as that. The amount of articles, clicks attention, and whatnot. A meme coin booming would naturally make the news across all platforms since, well, it's a memecoin. That boomed.
1078  Alternate cryptocurrencies / Altcoin Discussion / Re: Should I Keep Buying Bitcoin Alone if I Have Limited Resources? on: June 03, 2023, 04:23:06 PM
Wouldn't they have something more to say to people than, "just buy BTC?".  What would they tell people should be the criteria for their investments?  What coins do you think these early crypto investors are investing in currently as a compliment to BTC & ETH, that they believe will help newer investors meet their present day goals?     
Well the question is related to BTC, such as "Should they buy BTC" after all, so I reckon the answer of just buy it is actually more than enough of an answer. After all, considering the positions of early investors, I don't think they've made a loss if they've continued hodling till now. Criteria for choosing another "Bitcoin" though? Kinda hard to give since it's been a decade and Bitcoin's still the king. The rest of the coins that were released are either shitcoins, or Bitcoin but with caveats (as well as its own advantages, but caveats still are above it imo). If it was just choosing another coin, well that depends now on how well us as investors can actually understand what they want to do and what their plans are.

I believe helping new investors achieve what they want is close to nill, at least in the short term. A lot of money is lost in the process of learning to invest, and I highly doubt they'd stay after losing a few thousands of bucks. If they stay though, that just means they're prepared to lose more, not necessarily achieving their goals immediately.
1079  Economy / Gambling discussion / Re: He Committed Suicide After Losing School fees, And That Of Friend To Betting.. on: June 03, 2023, 03:29:14 PM
We are in the 21st century, until when before people realize that suicide does not put an end to problem, but rather create more for those living??
Well it puts an end to his problem, and not to sound cold or anything, but the dead don't particularly give a damn about the living. Dumb decision-making results in dumb results sadly enough. While I do pity the family, I don't think I have any for the kid himself. The result was caused by his own greed, not even hesitating in trying to include his friend in the case. He couldn't, or rather didn't dare face the consequences of his own actions.

While I think 22 is still young, it's at that age when you start thinking for yourself, and responsibilities and whatnot should slowly be placed on your shoulders, or at least, the significance of it. And considering all things, with how his parents seem to be quite kind, I doubt a scolding from them would be the end of the world, but hey, as I said, he's 22, pretty young.
1080  Alternate cryptocurrencies / Altcoin Discussion / Re: Gaming Stats and other Data on: June 03, 2023, 05:20:40 AM
How do you check Gaming Statistics on a crypto gaming project?

Mostly interested in:
Average monthly users
Yearly / Monthly revenue
weekly / monthly growth
rate of adoption

I remember seeing these figures and more for Axie Infinity when Axie was the number 1 P2E game in the crypto space, so now that we are at the bottom
I need this info to see if I could invest in the newer gaming projects such as:
~
Most (if not all) of the stats you need/want are actually generated/summarized by the community themselves via (afaik) API's released by the devs or something similar to that. This should be the case for monthly users or stuff related to that. For the game's specific coin usage, adoption, growth, etc., I believe sites where the coin of the game is registered such as Coingecko or coinmarketcap should be enough as sources. Just, gotta stretch some of that muscle to summarize it all. If they were relatively new though then their coin might not even be registered at all, so you just have to wait for those instances.

If you're THAT lazy, then hire someone who knows how to use the chatgpt plugins so the AI itself can access live public data, and return to you a summarized version of it.
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