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1241  Bitcoin / Bitcoin Discussion / Re: Is Crypto another form of gambling? on: June 09, 2023, 05:51:46 PM
Now, do you agree that crypto should be seen as a form of gambling? And if this eventually comes through, what should we expect as the constraints it might still bring to the crypto space?
Some people think Bitcoin or crypto currency as gambling for a few reasons, but is Bitcoin or cryptocurrency really gambling? We know that Bitcoin is so volatile with in a moment an investor dreams of higher profits, it can be brought down again. This high volatility is what primarily relates Bitcoin to gambling. Generally Bitcoin and gambling are totally different from each other. But there are some altcoins where some have managed to earn so much money by investing. Many altcoins have been dead again with high returns, some have earned big money simultaneously some have lost big amount of money. Considering these aspects, it is very similar to gambling.
1242  Economy / Gambling discussion / Re: T20 and T20I cricket prediction and discussion on: June 08, 2023, 04:21:13 AM
Chennai Super Kings are obviously one of the best teams in the IPL so far. I will also say that there have been times when CSK did not have the best team in the tournament on paper. But they had a really good captain. They also had a team which always listened to MS Dhoni. That's why I believe even without the best resources they have been able to be successful. RCB does have a good team. At least in most cases. But they lose crucial matches.
Are you sure about this? You are claiming that CSK has better players when compared to RCB. Think again. Because RCB has some of the best T20 players in the world. In the batting department they have Faf du Plessis, Virat Kohli and Glenn Maxwell as the top-3. Then they have promising players like Finn Allen. As the keeper, they have the best option available in India - Dinesh Karthik. And bowling is also top notch. They have Wayne Parnell, Harshal Patel, Josh Hazlewood and Mohammed Siraj as the pacers, and Wanindu Hasaranga as the spinner. You still want to say that CSK has better players? 


If we make a comparison between RCB and CSK it is easy to find that RCB team has few players who are very much strong. They have good reputation in world cricket as well as franchise cricket. But compared to their players I don't think CSK had such reputable batsmen or bowlers but their skillful leadership and quality batting and bowling made them champions. Even with a good team in IPL, RCB can not win the championship from any session. A good observation of these two teams RCB and CSK will make it easy to understand the importance of captaincy especially Dhani's contribution.
1243  Economy / Gambling discussion / Re: ODI cricket and general cricketing discussion [self - mod] on: June 08, 2023, 03:46:09 AM
LOL! 116 all out  Grin, what were Afganistan batters thinking? They forgot it is an ODI game and not T20. Hasiranga and Chameera did not give Afghan batters to go after their bowling. As expected it is not that easy to defeat Srilank on their home ground. If the Asia cup happens in Srilanka then most probably they would win it this time. The pitch is made according to the needs of Srilankan team. With this win they won the series. I personally never thought that Afganistan would play so badly in the last match. I expected them to be more competitive. I did expect a thrilling final match. None of that sort happened today.
Looks like Afghanistan is regaining their old form. They created a lot of hope after winning the first match, then they lost the second and third ODI match pathetically. Afghanistan will play an ODI series against Bangladesh on the next month. I think they will lose the series too against Bangladesh. Anyway, it won't be easy for Sri Lanka to win the Asia cup even if the venue become Sri Lanka. India, Pakistan and Bangladesh are better than Sri Lanka in the ODI format now.
After Afghanistan's win in the first match, there were hopes that they might win the next matches as well. But in reality the opposite has been seen. Afghanistan lost the next two matches to lose the series. There is no scope to denying that Sri Lanka is definitely a good team in ODI cricket. If the Asia Cup is held in Sri Lanka then it will become a good opportunity for Sri Lanka. We know that home venue advantage is not very useful in  franchise cricket but in international matches it will definitely be a great advantage. Although Sri Lanka will not be finalist, they will be able to show good performance in the 2023 Asia Cup.
1244  Economy / Gambling discussion / Re: Don't gamble if you don't have patience on: June 08, 2023, 03:32:45 AM
Well, one thing about being patient is that, it is virtue and not every one have it, and in as much as we preach it, there are gamblers who would never know how to exercise patience in their gambling activities, for many, the power to be patient comes naturally while for others, it is likely a gift that must be given to them from above, it will take quite a long time for somebody who learnt to be patient to practice it effectively, this is one of the reasons why those who are not so addicted to gambling easily quit gambling due to frustrations experienced from gambling loses, while those who are addicted have no choice but to keep gambling, and when the frustration hits the red point where they can no longer bear it, they either commit a crime and land in jail or begin to nurture suicidal thought which if not managed, they would eventually commit suicide as a way to be free from their problems.
Those who are addicted to gambling have a choice but they don't want to realize that they are already addicted and must stop immediately. Those who are addicted to gambling just think that they just want to play gambling without estimating how long they have been gambling. Those who used to have patience can lose it especially if they see more money losing than gaining money. They will constantly wonder when they can win and recover their losses. And slowly, it can make them completely lose their temper and ultimately become addicted to gambling too.
It is not easy to win in gambling but it is not difficult to lose. After a big loss in gambling, if one conducts gambling to recover the losses quickly, there will be higher probability of loss. If a gambler is able to persevere after a big loss, he will be able to recover his losses even if he does not gain anything from gambling. If luck is not good in gambling there is nothing to do but those who wait patiently and can go ahead they will must get some opportunities. We know that addicted gambler cannot have patience, those who lack patience also do not succeed in gambling.
1245  Economy / Gambling discussion / Re: Bankroll management discussion on: June 08, 2023, 03:11:26 AM
Whatever I decided as excess amount for the week or month that I can use for gaming or gambling is what I deposit. No fixed amount.
I keep a part of my salary in gambling budget every month. I win or lose there but it's almost a fixed budget for me. I don't deposit when I enough balance. I keep a maximum of 5 percent of my salary. I failed to maintain 5 percent in the beginning of gambling but was able to bring it under control as I gained knowledge and experience. If someone is not addicted then he must be able to maintain his bankroll in gambling to some extent. However, gambling bankroll management is not possible for everyone. I have seen some of my friends who can't do any kind of money management in gambling even if they try.
1246  Economy / Trading Discussion / Re: Trading not a get rich quick on: June 06, 2023, 06:33:10 PM
I agree with you that you must be smart, have experience in trading, constantly improve your skills, be patient and self-disciplined, but this absolutely does not guarantee that you will be successful in trading. It's increasing your chances, but not give a guarantee. You used the word "luck". I'm talking about it
Patience is very important for success everywhere. A person cannot reach his destination until he can persevere. Success in trading requires both patience and experience. But there is a trend among the newbies that trading can lead to good things quickly. But this idea is completely wrong. It is not possible to make good money from trading without knowledge and experience. Even though many have good knowledge and experience but they fail in trading business. Sometimes despite everything, a trader may be exposed to losses that many would consider about luck. So one should not get involved in trading with the aim of quick rich.
1247  Economy / Gambling discussion / Re: ODI cricket and general cricketing discussion [self - mod] on: June 06, 2023, 06:02:52 PM
We cannot call a target of 307 runs a bad target. But West Indies lost all the wickets in this match. West Indies should have done better against the UAE bowlers. UAE bowlers are not experienced. Even in the previous match, they could not do well against West Indies. But today UAE managed to take 10 wickets. The chances of UAE winning this match are very low. West Indies bowlers are quite experienced. However, the UAE squad has several excellent batsmen. So the match is likely to be competitive.
We saw that in the last match UAE were all out for 202 runs. West Indies scored 306 runs today which is very difficult for UAE to win. West Indies started well, but did not finish well. Johnson Charles and Brandon King both played great. Apart from the two of them, no one else could score a half century. UAE need to win today's match to level the series.

West Indies collected 306 runs but the team was under a lot of pressure in the last moment. Although the run score is very good, the UAE will not be able to make up for it. Because there is not such a skilled player, West Indies have the best batting in this field. In this case, I would like to say that the UAE is not very ahead in terms of bowling, due to which it may have to lose today. And if a good run score can be collected in the powerplay with less wicket pressure then the game will be very tight. Because to win, you have to chase from the beginning.
The United Arab Emirates faced terrible situation early in the batting. 3 bowlers took a total of 3 wickets in the beginning. It is very easy to understand that the current situation of the team is not good because the team has managed to score only 53 runs after losing 3 wickets. Target 306 makes it a huge equation for them to recover from this situation. They can go ahead if able to form good partnership. West Indies will win the series by losing today's match. Because a big scoring match must have a good start. The pressure is gradually increasing.
1248  Economy / Gambling / Re: Is this considered a safe practice on: June 06, 2023, 05:48:41 PM
Is it safe or dumb to use your Credit card for online gambling because of free bonus rewards on signup and initial 3 months purchase? Will you take such risks with your card for such rewards? A friend informed me that some casinos gives better reward if you have a credit card with high credit score at around 800, he mentioned how he make 200$ from Freedom Flex after using over 600$. He also mentioned other like capital one

What are the disadvantages of using a credit card on online casinos? Any? Would you dare do such to earn more money?
A gambler is more attracted to crypto casinos because in this platform he can deposit without using fiat money. Because fiat money can have various restrictions and when someone uses a credit card to pay at a gambling or casino, he no longer has the benefit of using crypto because all his information through the credit card transfer to the gambling or casino platform. So to keep yourself safe form gambling never use a credit card.
1249  Economy / Gambling / Re: is KYC data on Gambling sites safe? on: June 06, 2023, 05:32:28 PM
For the most part you have a pretty clear picture of what every company does with your information. They sell it to advertising agencies to provide you with targeted ads to make you buy their stuff. It's all just a matter of who's going to take care of your information, and provide you with the targeted ads that you would be able to tolerate. That's why my money's on reliable companies and sites, at the very least you know for sure they're going to take care of your information, and most of them have a "Do not Sell my Data" clause on the privacy statement that you can take them to court with should you find out that they violated such guidelines. Basically you have legal powers over the casino and the information they collect from you when it's a reputable site. You wouldn't really have this amount of certainty on some other gambling site which sets them so far apart.

The gambling sites never tell customers when an employee steals player data and sells it, for more than they'd pay that employee in a year, happens all the time though

If it isn't a former employee selling it, you still have to worry about the specific sites security of your data, when many of us are from the "verify, don't trust" school of thought

That is really a problem if those employees have access to that confidential data. I think not all employees have access to it, and it is also forbidden for sure that only those high-ranking employees have access to it, but again, we really don't know what is running through their minds, and that is also possible, but I think most of what I've noticed is that they are not secured, like they are getting hacked, and your data would be sold for sure. But no matter what, KYC is already on our doorstep, so to continue playing, we need to do KYC so that we won't get any problems along the way.
KYC approval is usually reserved for high ranking officials. Those who are trusted on the site they will be responsible for KYC data. If there is any kind of KYC related complaint on any site then the responsibility falls on the persons in charge. But even in this KYC of many organizations can be stolen. But naturally there are no such problems in all good casinos or gambling platforms. The owners of the casino or gambling platform generally keep a good investigation on this matter otherwise the casino will not be able to gain a good reputation. KYC has both positive and negative aspects but considering all the positive aspects are more visible.
1250  Economy / Gambling discussion / Re: ODI cricket and general cricketing discussion [self - mod] on: June 06, 2023, 04:56:48 PM
UAE vs West Indies

~~Snip~~
The West Indies decision to bat first after winning the toss shows their confidence in their batting lineup. While they emerged victorious in the previous match it is important to remember that every match is unique and the outcome cannot be predicted with certainty. It may not be their strongest suit to play at home in the UAE but it is important to remember that the UAE team has also been having trouble. However setting an aim of 250+ runs would be a bit unrealistic considering the current status of the match. It appears more reasonable to predict a target of about 180 runs given the 16.4 overs that have already been completed and the score of 128 runs.The performances of B. King and J. Charles, with scores of 57 off 56 and 63 off 47 respectively have undoubtedly contributed to the West Indies solid position. However it remains to be seen how the match unfolds and if the West Indies can secure a victory today to clinch the series.
West Indies are already having a great batting performance. We saw that West Indies had a great win against UAE in the previous match. Today's match though is hard to tell how well the UAE can do at home, as they lost the previous match at home. The way West Indies are batting, it will not be too difficult to score 250 runs in today's match. West Indies batsmen Brandon King and Johnson Charles both left the field after collecting good runs. and right now West Indies are 159 runs for 2 wickets in 22 overs to win their match. If they can perform well in the rest of the match then they have a chance to score 250+ in the match.
UAE lost all wickets for just 202 in the first match of the series. Accordingly, West Indies managed to set a big target today. Chasing such a big score in favor of the UAE team will not be very easy. If UAE able to restrict West Indies within 250 they might have had a chance to win but they probably fail in today's match. The first two wickets of the West Indies team in this match helped turn the game into a big score.

Brandon King and Johnson Charles both managed to score above 60 runs. But Brandon King is doing consistently well. He scored a century in the last match and today he belongs to a good score that influence his performance positively.
1251  Economy / Services / Re: [CFNP] Duelbits.com | Signature Campaign ~ Full Members+ | Up to $70/Week on: June 06, 2023, 05:04:42 AM
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=198112
Current amount of posts: 1226 (including this one)
EARNED merit in the last 120 days: 76
bech32 BTC Address for payouts: bc1qvg460swwj806hyluscg7gxkaw6ndts6cckhrw8


Thank you @Hhampuz for giving me the great opportunity. Signature and avatar already updated.

My post count would be (Including this one) 1249

1252  Economy / Services / Re: [OPEN] OzoneChain | OZO | Signature Campaign | Up to $100/wk | ICO LIVE on: June 06, 2023, 04:49:44 AM
Thank you @sujonali1819 for giving me the opportunity to work on your campaign. I got accepted to another campaign. So i have to move now. I hope to have the opportunity to work with you again in the future.
1253  Economy / Economics / Re: how to overcome inflation for the community on: June 04, 2023, 11:48:22 PM
Even though high inflation is still complicated for me, it doesn't change the fact that you still have to live with it no matter what. So try to take a look at yourself to review and change your habits to suit your financial situation. That helps us focus on more essential needs and get rid of unnecessary luxuries. In addition, although money in inflation is really important, it is also important to pay attention to health because, as people often say, "if you have health, then you've got everything'. Therefore, pay more attention to your own health.
Until the war between Russia and Ukraine is over, it will be difficult to avoid inflation. Because as long as the production is not in accordance with the demand then the development of this situation will not be possible. At present the rate of inflation has increased at a great level. Due to this inflation, people's lives are almost disrupted. The amount of money that people are depositing in banks is losing value due to inflation. In such a situation, if you are thinking of keeping value with money, then there is no alternative to investing. Those who invest will continue to earn returns on their money at the same rate as inflation.
1254  Economy / Speculation / Re: Can we experience $80k this year? on: June 04, 2023, 11:31:41 PM
Since the year started with a good results by moving from $20k to $24k this year, show that the price of BTC and crypto will move higher to satisfy investors soon. Now that the month is moving faster and investors need to think faster so that they will not miss their reward at the end of the year. The price of BTC just drop down to $22k few days ago, which is another opportunity for those that missed last year not to invest in a stable coins to do it now because, the price of BTC will surely reach $80k before the end of this year 2023.
Are you sure investors will experience $80 this year?
There is no guarantee that Bitcoin will be 80k in this year or not. But the market behavior reveals that it will continue to increase in the future. At the beginning of this year, each bitcoin was worth a little over $16,000. Since then, the price has risen to around $30,000. But the current situation is not bad. There is no doubt that Bitcoin will rise to another level in the next few days if the trust in BTC continues to increase while trust in banks continues to decline. When BTC crosses its previous all-time high in every bull market, BTC will definitely be stronger in the next bull market.
1255  Bitcoin / Bitcoin Discussion / Re: The effect of Bitcoin on children on: June 04, 2023, 11:14:34 PM
I am sharing a real story. Last 31st I went to my cousin's wedding. The area where I want to host the wedding is like a village where I don't have good mobile network, so it won't be wrong to call such an area as a remote area. After eating and drinking, me and one of my cousins went out for a walk and saw three boys drawing something in the mud. I approached them with interest and watched them make the Bitcoin logo in the mud and compete to see who could make the logo more beautiful. So I asked about this logo and one boy said that his parents have this bitcoin and his father taught him to draw this logo and he taught his friends. I was very happy to hear this from the boy because in such a village where there is no good mobile network people are involved with Bitcoin. 
Gradually people are getting to know about Bitcoin and the interest in Bitcoin is constantly increasing. The picture of those little children can be said to be a proof of that. Because those little kids might have heard their parents when they raised awareness about Bitcoin, otherwise those kids wouldn't have been able to spot the Bitcoin logo. Moreover, it is surprising when there is so much talk about Bitcoin in remote areas where there is no network. Over the next few years, better ideas about Bitcoin will develop and Bitcoin will expand further.
1256  Economy / Economics / Re: Will chatgpt really destroy the job market? on: June 04, 2023, 06:23:37 PM
Many countries Bannde ChatGPT for fear of making big changes for work, will automatically continue to develop and make many people unemployed, but I'm sure the development and use of chatgpt will not be stopped because of future trends and effective, accurate and efficient industrial needs, as humans We must be prepared and find solutions to be able to compete when chatgpt is legalized
People should also change with the change of era. And if man cannot adopt with the time then he must fall back. If people are afraid of chat GPT then there is nothing to do because instead they should try how they can make themselves more efficient. There are some downsides to using chat GPT based on which many countries are planning to ban it but according to the up gradation of technology AI tools including chat GPT are being used more and more.
1257  Economy / Gambling discussion / Re: ODI cricket and general cricketing discussion [self - mod] on: June 02, 2023, 03:23:50 PM
~
Srilanka still in the game but they need wickets to win this game. So far it's dry performance from Srilanka bowlers as they have picked only 2 wickets. The game can turn into SL favor if they can pick wickets in quick interval.
Expected Sri Lanka to perform better as Afghanistan is touring and yet they are able to perform better restricting Sri Lanka to 268 runs with Charith Asalanka playing the sole innings of 91 runs and the rest of the players did not contribute much and their bowlers are not able to pick wickets and put pressure on Afghanistan batsman and now they are cruising to victory as they only need 39 runs to win.
Afghanistan get a comfortable victory against Sri Lanka in the first ODI match, even without their star player Rashid Khan. Afghan team now holds a 1-0 lead in the three-match ODI series. It was wonderful to witness the team's excellent teamwork and performance on the field, resulting in their convincing win. Ibrahim Zadran, fearless batting approach was truly delightful to watch. He came incredibly close to scoring his fourth ODI ton, falling just two runs short.
Excellent performance by Afghanistan team in the 1st match of this ODI series. Sri Lanka scored 268 runs in just 50 overs. But the score was not satisfactory. Kusal Mendis and Angelo Mathews failed that is the reason to collect a healthy score for Sri Lankan team and the score of the match was not as expected which made it very easy for Afghanistan to win the match. Despite the loss, Asalanka played a good role in the team. But sadly he didn't get the century by just 9 runs. Afghanistan won the toss and elected to bowl, this decision help them to win the match.
1258  Bitcoin / Bitcoin Discussion / Re: Will you support bitcoin as Global reserve currency? on: June 01, 2023, 07:22:15 PM
I will support gold more than bitcoin to be honest. Bitcoin is a very new currency and it has not matured enough to become a global reserve currency. The network is simply not capable of handling such volume. Gold is a much better choice as a reserve currency and it had also earlier used for similar reason.
There is nothing to deny your words. Because if we think Bitcoin as a reserve currency, there are certain issues that will not be accepted as a reserve currency until those issues are properly resolved. That's why I said it is a matter of time. I agree with the logic how much this network can support when the reserve currency has a lot of volume, it is also a matter of thought. Another thing is that If all the countries do not accept it then it is not possible to have bitcoin as a reserve currency? So it will not be possible to implement without the support of the government. However, the faith increased towards bitcoin by the current generation that is really appreciable. If they come forward, maybe solutions to these problems can be found very quickly.
1259  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 01, 2023, 06:56:18 PM
When a country's government thinks positively about Bitcoin, it is a good news for Bitcoiners. Recently the prime minister of Ireland met with Gemini founders to discuss the potential of bitcoin and crypto which will give positive ‍sing about bitcoin. It seems very likely that they will focus on Bitcoin and crypto adoption. Soon we will get positive outcome of their discussion.


Twitter
1260  Bitcoin / Bitcoin Discussion / Will you support bitcoin as Global reserve currency? on: June 01, 2023, 07:17:28 AM
As of lately we know that Bitcoin is widely criticized as a global reserve currency. Indeed Bitcoin has no intention of replacing any other currencies to take that place. But if the world supports this digital currency to their advantages from the basis of acceptability then it can be used that way. Overall Bitcoin is completely neutral.

International trade or exchange requires a universal currency as a reserve currency. Because the powerful countries try to influence it in various ways due to economic and political issues. The dominant global currency changes over time. As we have seen in the past many currencies functioned as global reserve currencies. We knew about some world reserve currencies which were dominate the world as reserve currencies.



The Dutch Guilder[/url] (15th and 16th centuries)

The Spanish Escudo (17th century)

The British Pound Sterling (19th century)

The Euro (2nd Global Currency)

The US Dollar[/b]

The US dollar has been followed as the international reserve currency since World War II to till today. But with the change of time, the world is losing confidence in this dollar due to various reasons. As a result, there is a possibility for another change world reserve currency in the future. But in this case I think Bitcoin as a global currency which will be certainly acceptable.

If Bitcoin is considered a neutral global currency it will gain universal acceptance. By which no country will have any authority. No one can influence that currency. Global trade, transactions will be done very securely and in a short time.

Bitcoin is a decentralized digital currency operated through a peer-to-peer network and has gained widespread acceptance in the global economy today and will continue to do so in the future. Although we know that there are many issues involved in being a reserve currency, considering the benefits of Bitcoin, if it can be taken to such a level, the world can greatly benefit from it. We can expect Bitcoin to be a global reserve currency in the future as it has been researched in recent times.

Advantages of Bitcoin being a global reserve currency

# Bitcoin is decentralized, Bitcoin has no regulatory body. As a result, no country's government or central bank will have any authority. Moreover, no powerful country in the world can influence it in any way.
# It is the best in terms of security. Bitcoin uses advanced cryptographic algorithms to keep its transactions secure and fraud-free, making it completely safe to use.
# All transactions are recorded in a ledger through a public blockchain, creating an environment of transparency and accountability.
# In the present time, Bitcoin has gained wide acceptance all over the world. Big companies are holding Bitcoin as their savings and the government of the country is also implementing various projects and strategies including payment in Bitcoin. We know that El Salvador has recognized BTC as legal tender. Such an initiative by the government of the foremost country certainly points to Bitcoin becoming a global reserve currency in the near future.

Source
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