I don't think this is the case here

These people are beyond doubt well aware of the online casinos' existence. And it is not necessarily a lack of trust that drives them to stick around brick'n'mortar casinos, either. More likely, they are looking for ways to socialize and to be a part of a top-tier society since they can definitely afford that. Really, can you imagine Bill Gates or Warren Buffett (both of which are known as poker aficionados) playing poker online? Well, maybe you can but I certainly not

Stablecoins are a hell of a lot riskier than cryptocurrencies

To be clear, I mean top cryptocurrencies (read, Bitcoin, the one and only). If you choose a centralized stablecoin, e.g. Tether, you bear a systemic risk of a catastrophic failure of a single entity (company) behind it. With decentralized stablecoins things get even more complicated and tricky. All in all, you either have to cash out and withdraw to your bank account or use a cryptocurrency hedge. The latter is the best option overall if you ask me, though properly implementing this approach requires time, effort, and, most of all, understanding of how things work there

Two flies arguing on a toilet seat... One got pissed off

That depends on what those savings amount to

For example, if you managed to accumulate a few hundred thousand dollars during that time (in fact, even a few dozen thousand dollars would suffice), you can easily live off volatility by riding weekly price action, as this seems to be the timeframe of Bitcoin's major price swings recently (like on the order of 5-10%). Moreover, you would even be able to reinvest some of your profits thus earned (which would further add up to your operating capital) and then enjoy the potentially unlimited power of compounding

Not to derail your post, but I can put it shorter, and that is,

Practice what you preach

I'm not sure I understand your point

However, I wouldn't call either Micheal Jordan or Kobe Bryant short with their listed heights of 1.98 m (I checked, yeah). Well, maybe they are not the tallest basketball players on the planet, but I doubt they would be able to accomplish their feats if they were just like ordinary men in height. But don't make an obvious logical fallacy of assuming that just being tall enough guarantees your success as a basketball player (which you seem to be doing anyway). Being tall is only one of the gifts you have to possess, necessary but definitely not sufficient

It is the fact itself that you can win on so high a multiplier

And if you win it before making so many bets (which is the hope here as far as I can tell), that basically proves that you are a lucky person, all in all. Then you will feel happy, like a chosen one, even if only for a brief period of time. This is basically what makes you into a gambler -- no mater how much or how long you lose, it is this rare moment when you are a winner that counts in your own frame of reference and in your internal value system (lucky or not)

This market has always been unpredictable

And the utter irony is not so much that it is unpredictable per se (which it still is) as it is unpredictable to you or me personally, or us collectively. When we set our targets, we typically think that it is highly unlikely that the market will crash lower or surge higher. Really, how many people in early 2017 could foresee in their mind's eye that Bitcoin would reach almost 20k by the end of that year? Not many. Conversely, who could say in late February this yeas that Bitcoin would flash crash below 4k a couple weeks later? As few, if not fewer

Yes, I think it's feasible because (as I already explained on numerous occasions) you earn via outliers aka variance, not by collecting dust here and there. Ultimately, it depends on betting speeds (the faster the better)


I'm not sure I understand what you are getting at

I had seen it only a couple times at the very beginning when I actually had to bet everything if that is your point. After that, it was only half a dozen times when I had only 3 or 4 doublings left until bust. How much I earned in these cases in relative terms, you can calculate yourself. Strictly speaking, I was not doubling but increasing at something like 130% on a roughly 40% win chance (and compounding). I was actually able to increase my balance a few times within the three months' time span (I started with free doges), though I don't think I was using trully house-proof settings

When one door closes and another one opens, you are probably in prison

Can't say anything about casinos

As there are none over here. However, I can tell you that it is the same story with gyms. I have keys from one such gym, and two days ago I went there to have a workout. I tried to unlock the door but it turned out somebody was inside and left the key in the lock from the other side of the door. Finally, I got in, and there were a few guys working out there already. Looks like I wasn't the one or the first one to train behind closed doors and in secrecy

- Why does Santa Claus have such a big sack?
- He only comes once a year

It must be hard!

But apart from that, you should also use them accordingly

Ironically, it is mostly through luck that you find your "natural leaning toward something", not through the things you mentioned. Otherwise, there wouldn't be such a thing as mid-life crisis at 40 something. People go to college to get a degree and start on a career only to understand in a decade or two later that this is not what they ever wanted. So much for a working brain, common sense and awareness


In real life, though, there are fifty million shades of gray

You make a valid point

The fact of life is that different people with different levels of expertise in the same domain look at the same thing quite differently. For an experienced gambler who knows how to take advantage of randomness, the outcome in the games of chance like dice may no longer be a matter of pure luck as it is for the rest of the pack. It can be generalized further in the sense something will be a skill-based game for masters and experts at it, while for laymen and novices it will be more like Russian roulette in reverse, i.e. with only one empty chamber in the revolver

Those can play an ugly trick on you

Say, you persevere in and are determined for something which you are not naturally gifted with (like being short and trying to become a world-class basketball player). Then you will only be wasting your time and effort. Put differently, blind perseverance and determination can easily turn into an exercise in stupidity and futility. You should always practice "situational awareness", so to speak, i.e. how well something fits you and how well you fit in

I guess it is not so much about differences between local law systems as about our understanding, or misunderstanding, of the term "default" and its legal definition in a specific jurisdiction. Let me just say I generally agree that if a borrower fails to pay on a debt what they were due to pay, the lender can seize the collateral provided there is a collateral

In other words, you can take only so much


A thoroughly bankrupted company typically doesn't have much to offer its lenders

Честно признаюсь, что не запомнил имени персонажа

Но зато хорошо запомнил эти цифры. Когда эфир стоил ровно столько в начале нынешнего года, у меня состоялся диалог с кем-то из местных деятелей на подобную тему. Я пытался донести мысль, что такой ценник -- это тот уровень, с которого стоило бы начать выходить из монеты. Как теперь оказалось, на нем фактически уже надо было заканчивать (лично я ожидал, что эфир дорастет до 300 баксов)

Nicholas girls mustn't climb trees!

That makes an interesting case for looking into it deeper

If we are talking about the US casinos, many seem to be run by Native Americans in reservations. And to my knowledge, these Indian tribes have a certain amount of sovereignty, so their reservation can be considered an enclave, i.e. an independent country surrounded by foreign territory. In practical terms, when you turn up there, whatever the reason, you are no longer protected by the federal law. In the end, it may turn out a total no-law zone, and thus you are on your own there (Nevada has its own gambling laws as well)