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May 27, 2024, 09:40:25 PM *
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1361  Economy / Gambling / Re: Gambling is a choice. on: May 19, 2023, 10:54:41 AM
The thing is.... it should not come down to the point where you are looking for reasons to blame someone else for your losses. You should gamble for fun and enjoy it, if it is not fun anymore... then you should stop.

Casinos have to make money to keep the doors open for you to gamble and they use the house edge to do that... people should just accept that and play games with a more favorable RTP... if they want to play for a longer period.  Roll Eyes
1362  Economy / Economics / Re: 199,983 companies went bankrupt in Europe because of the energy crisis in 2022 on: May 19, 2023, 10:43:14 AM
Guys, why are you so hard on OP?

He also stated this :

The reasons stated for the huge increase in number of bankruptcies in the study are:
1. "Lack" of energy (or energy deficiency as I pointed out nearly a year ago)
2. High inflation
3. "Massive" rise in price of raw materials
4. "Massive" rise in price of energy
5. Significantly higher financing costs due to the turnaround in interest rates
6. Weakened economy

The fact of the matter is that the energy crisis are a contributing factor to a high number of bankruptcies in Europe. We know some businesses adapt and other simply go bankrupt. I live in a country where we have huge challenges with "electricity" ...but we adapt.... and if we do not adapt, we will die.  Roll Eyes
1363  Bitcoin / Press / Re: [2023-05-18] What can happen when you buy a Ferrari with bitcoins on: May 19, 2023, 10:34:01 AM
Well, if it is not legal to use Bitcoin in Morocco as a payment option, then he broke the law. The butthurt women on the other hand, should have gone to prison too, because she accepted Bitcoin as a legal tender for the Ferrari.  Angry

Ignorance in the eyes of the law, should not be accepted as an excuse for her breaking the law.... but I guess she used that as the excuse. It would be nice to read that whole court case, just to get the facts.  Tongue
1364  Bitcoin / Bitcoin Discussion / Re: Bitcoin IS an asset. Do you think it's bad? on: May 19, 2023, 10:27:12 AM
The people that are telling you that are most probably just speculators. They bought Bitcoin, because they heard that there are profit to be made... so they were pulled to it like flies to shit.  Roll Eyes

Bitcoin are like any other currency... you can trade currencies like a commodity and you can use it as a currency. (Forex trading) So do not be fooled by idiots that are just here for the "greed" .... a lot of people like myself ..use Bitcoin to buy food and to pay for goods and services. (You just need to find someone that will accept it as a payment option)  Wink
1365  Economy / Gambling / Re: Is this considered a safe practice on: May 18, 2023, 05:51:23 PM
The rollover requirements ..make it almost impossible to get back any of the money that those bonuses offer you, so why would you incur debt to play for a so-called "Free" cash?

You should only gamble with money that you have.... not money that you are going to have to pay back with interest. Your friend are taking an extra gamble to play with debt..with zero garantee that you will make the rollover requirements.  Roll Eyes Roll Eyes Roll Eyes
1366  Economy / Gambling discussion / Re: Question about slot machines and RTP on: May 18, 2023, 05:31:28 PM
The two slots are actually not exactly the same...... Sugar Twist puts a twist on Sugar Rush.  Wink  The 3rd party service providers are riding on the back of the most popular slots and creating something that looks the same, but with a twist.  Roll Eyes

Take the latest "Gates of Heaven" and also "Zeus vs Hades" slots that were also released.... it is riding on the back of Gates of Olympus ...and it is making more money for them. (I think they are running out of new ideas)  Roll Eyes Roll Eyes
1367  Economy / Gambling / Re: Stake.com - The Leading Crypto Casino - 🦉 Drake, UFC, Everton Main Partner ⚽ 🥊 on: May 18, 2023, 05:25:12 PM
Would it have something to do with the fact he is from Australia and using it himself with a VPN? Practice what you preach perhaps? There are multi streams where Eddie says using a VPN to access stake is legal on his streams, and streamers he pays like classybeef would promote the same thing. So you can sit there saying that but its actually false.

Well, I watch Eddie's stream every week..  and I have never seen him encouraging people to use a VPN... do you have proof of that? (Clipped video)? Yes, he is the co-owner of the site, so he can do whatever he wants with the VPN to access his site.... so it will be interesting to see how this is going to play out. (Get the popcorn guys)

The money that Stake are printing at the moment, will pay for very expensive lawyers ...so if this is going to court, then it is going to be a long drawn out court case. Those lawyers will use your posts on this forum to prove that you knew that it was illegal for you to access Stake.com ..but you still did it... and now you want to use that to get money back that you lost.  Roll Eyes
1368  Bitcoin / Bitcoin Discussion / Re: Ledger hardware wallet offering custody for seed backups on: May 18, 2023, 05:13:19 PM
People are making a huge deal about something that is not nearly as big as it is being sold to the misinformed. This added recovery feature, come as a subscription option and you have to pay for that, so not a lot of people are going to opt-in for that extra feature.

We know Ledger were hacked a few years ago.... and a lot of people's information were stolen.. then criminals used that data to launch targeted Phishing attacks on those clients.... so why will people trust them now?  Roll Eyes
1369  Bitcoin / Bitcoin Discussion / Re: Bitcoin is "dying". on: May 18, 2023, 05:04:00 PM
We experience this with every significant drop in the price, because that is the trigger for the Bitcoin haters and trolls to come and spread FUD on the forum. Do not take any of these "negative" posts too serious, because that is exactly what they want.  Roll Eyes Roll Eyes Roll Eyes

You do not have to use "Ledger" or any other centralized platform, just use Electrum or paper wallets for long-term storage. Anyone dumb enough to fall for this "cloud" storage nonsense, should learn a hard lesson.  Wink
1370  Economy / Gambling discussion / Re: Some needed features of an online casino. on: May 16, 2023, 06:31:59 AM
There are too many strategies to circumvent restrictions like that, to be affective. A person might have more than one account to bypass the restrictions... or they simply use a friend or family members credentials to bypass the restrictions.  Roll Eyes

I have heard several stories of people wearing wigs and fake beards to bypass facial recognition identification in brick n mortar casinos. They even buy fake identity documents to have more than one identity.  Roll Eyes
1371  Economy / Gambling / Re: Stake.com - The Leading Crypto Casino - 🦉 Drake, UFC, Everton Main Partner ⚽ 🥊 on: May 16, 2023, 06:23:05 AM
Imagine depositing money into Stake and knowing that the country where you are gambling from are not legal and then playing for years and then expecting the casino to refund you for your losses, when they eventually spotted you.  Roll Eyes

Stake.com have a verification system in place on every profile, but people simply ignore it and continue playing. Stake.com even created a US sweepstake gaming site, because many states does not allow foreign online gambling sites.

Eddie (co-owner) of Stake.com has repeatedly said on live streaming services that Stake.com is illegal in Australia and the site is run from another country. So why are people still depositing money there.... if it is illegal in their country?

I see Eddie and his team are working on a separate site for the Australians that are legal in Australia, but there are no official launch date for that.  Roll Eyes
1372  Economy / Economics / Re: Why do people stay poor? on: May 16, 2023, 05:46:02 AM
I visited a lot of 3rd world countries and the leading reason for poverty are population growth, where people have 5 or more children in a family and where there are only one person working for a salary to sustain the family.

People in the 1st world countries only have 2 or 3 children and they have enough income to pay for all of their expenses. They can pay for good education and they provide for all of their needs. (Food & health services)

Governments should encourage population control and stop encouraging them to make more children, so that they fall under poverty and then hold them for ransom with social grants to get their votes.  Tongue
1373  Bitcoin / Press / Re: [2023-05-10]Bloomberg: Bitcoin Miner Marathon Receives Another Subpoena from SEC on: May 16, 2023, 05:36:12 AM
It is clear that the SEC are sharpening their teeth on the smaller operators and that they will expand their "agenda" to larger operations soon. There are gears that are being set in motion in the US government to clamp down on Bitcoin, so miners will be the easy targets for the government.

This is how everything started in China and other countries where they banned or restricted Bitcoin activities. It is just a question of time, before a blanket ban or very strict regulation will be released by the US government... all the signs are there. (Tip : Relocate to Bitcoin friendly countries, before it happens)  Wink
1374  Bitcoin / Bitcoin Discussion / Re: On Ordinals: Where do you stand? on: May 16, 2023, 05:27:36 AM
I am on the side of the people that are saying Bitcoin should be censorship-resistant and miners should have the choice to either mine or not mine those transactions. The moment when developers gets involved in the decision making to "censor" certain transactions, they are crossing the line in the sand. (picking sides)

The developers should concentrate on finding solutions to prevent congestion on the network from things like this. They came up with side chains to make transactions cheaper and faster, so they should find a similar solution for projects like this.  Wink
1375  Bitcoin / Project Development / Re: In addition to LN, I would like to suggest a new service called ASSURED on: May 15, 2023, 06:34:36 AM
Will the use case for this be primarily to "unlock" funds, if something happens to the owner of those funds? Let's say you become ill and your family members needs money for your treatment or in the event when you die?

This can be "Life insurance" for Bitcoin users, so that the tokens that you own... gets transferred, if something happens to you. It can also be helpful with scheduled payments of regular expenses, for example the monthly fixed payment of streaming providers and/or VPN services.

I like this idea... keep us posted, if you start doing this.  Wink
1376  Economy / Gambling / Re: Slot Educational Parade on: May 15, 2023, 06:22:10 AM
Do you really think a small local parade will make any difference, when gambling advertisements are being repeated over and over again on television and radio?

The Internet is also designed to focus on individual targeted marketing, so the moment when you search for anything gambling related, then the search algorithms will target you for gambling related advertisements.  Roll Eyes

We need regulation to minimize aggressive marketing of irresponsible gambling establishments to reduce gambling addiction.  Angry
1377  Economy / Scam Accusations / Re: Stake.com not paying out my money on: May 15, 2023, 06:05:02 AM
Did they provide you with any reason for the denial of the withdraw from your account? We have only received information of one side of this scenario, so it will be nice to know a bit more background and some proof that they are actually doing this. (Screen captures of chat logs.. etc.)

There are many reasons why a casino will block withdrawals .....and money laundering activities and/or cheating are some of them, so you might have activated the triggers for that, even if you did not do it knowingly.  Tongue
1378  Economy / Economics / Re: What is the difference between banks and big whales in crypto? on: May 15, 2023, 05:48:15 AM
Bitcoin whales does not loan money to anyone and charging them interest on the outstanding amount. They are just traders with a lot of coins, trying to make some good profits by buying low and selling high.

This is no different than anyone that are buying and selling on the Stock exchange or on the Forex markets. People are labeling whales as some evil entity, but they are just early investors or rich people, trying to make more profits.
1379  Bitcoin / Bitcoin Discussion / Re: You are still very early on: May 15, 2023, 05:35:10 AM
You know what, people seldom listen to "good" advice, because greed will cloud their normal judgement...

I told some friends and family about Bitcoin a few years ago, after I proven to them that "Bitcoin" was not a scam. They showed interest and then they did some of their own research. This is where it gets tricky, because Alt coin supporters are creating a false "Gold Rush" with promises of huge profits with early Alt coin adoption and people are falling for that.

Yes, Bitcoin might be around for the longest time, but that in it self is showing you that it is not a shitcoin and it will not just be hyped and gone the next day.  Wink
1380  Economy / Gambling discussion / Re: sending bank statement for verification on: May 14, 2023, 10:07:44 AM
You trigger the "Money laundering" matrix, when you do a deposit and then ask them to "refund" you money. I cannot see why they cannot simply look at the transaction and credit you with the amount, if it is legit?

You say it is a reputable site.... so I reckon the deposit amount was a lot of money, because the larger sites does not ask for that kind of verification for small deposits.  Huh
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