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1361  Economy / Gambling discussion / Re: Why do 90% of Bettors Lose in Sports Betting in the Long-term? on: July 08, 2023, 03:35:23 PM
Part of the problem here is the people are fooled into thinking that 90% of people who place bets are losers. That implies that 1 out of 10 people are winners, which many gamblers would be happy to take. In reality, for most non-skill based games you will find that 99.9% of people are losers, or a figure closer to that. As it comes down to simple math at the end of the day, take slot games for instance - people see a RTP figure of 95% and think that means they have a big chance of winning, but really it means you will on average lose 5% of your bet each time you gamble and ultimately it will drain away your balance until it reaches zero. Sport bets also have a comfortable buffer, or margin of error, built in for bookmakers who are equally very shrewd and constantly improving their prediction software to outplay you.
Isn't it true? We always hear that house has the advantage and then there is a house edge in which a bettor will just lose in the long term of playing a gambling. Only a tiny percent of people can get lucky some times but it's okay because gambling is not about earning a profit anyway but it's about having fun and passing the time.

We should only use small amounts for it so that we won't mind our losses and we won't get addicted in the game. What you said about slot is true and I was one of those people who believe on it but even so, I was still prone to losses. Never tried sports betting yet but its winning rate must be higher than slot and other luck-based games.
1362  Economy / Trading Discussion / Re: The price dropping, any reason the huge dump? on: July 08, 2023, 03:23:24 PM
Indeed, different individuals approach market dynamics based on their own understanding. For newcomers, they see a price drop as a catastrophic event, eliciting panic. More seasoned investors, on the other hand, see it as an opportunity for profit.

Drops in price are, fundamentally, normal fluctuations within a market ecosystem. Without these variations, the very concept of a "market" would be void. It would be akin to observing a river without any currents - the fundamental essence of a river is missing.

Seeing a drop in price as an opportunity is not merely a strategy, but a worldview that accepts the inevitable ups and downs of market behaviour. This viewpoint rejects the desire for a continually rising market, as this is inherently unnatural and unsustainable. Therefore, it is wise to utilize the drops as opportunities for acquiring assets at a lower cost.
It will still depend on the coin. Veterans won't just be excited after seeing a shitcoin goes down but they will automatically avoid it because once shitcoin goes down, it can hardly recover anymore, unlike to a top coin that a dump in their price is only an opportunity given to the buyers.

There will always be a drop in price in any types of financial markets including here in crypto whether it is a normal fluctuation, caused by a fundamental factor, or a technical one. A river can have no currents sometimes and so as the financial markets. There will be a stability sometimes. Buying when the price is low is also a kind of a strategy as opposed to buying high and selling high.
1363  Economy / Trading Discussion / Re: Can DEX Replace CEX as the Future of Crypto Trading? on: July 08, 2023, 02:46:51 PM
Why would anyone ever think Centralized exchange would replace decentralized exchange in the future. The only way I see that happening is if government takes over crypto-currency which I think would be impossible.

The advantages Decentralized exchange has over centralized exchange is much and I think the only reason anyone is using centralized exchange is due to the way they understand crypto-currency. An experienced person in the ecosystem would readily for decentralized exchange because of the privacy protection they can get from it over centralized exchanges
Not only the OP but there lots of them who actually think that a centralized exchange are going to replace decentralized exchange because it's obvious that centralized exchanges are more popular. They get more volume because many people are using them and many people thinks that decentralized exchange are dying because of that fact. This isn't only limited to decentralized exchange but this is also happening in decentralized casinos, decentralized games, and others.

There must be something with being centralized on why people likes them even though being decentralized do also have its own benefits like privacy or anonymity.
1364  Economy / Gambling discussion / Re: ODI cricket and general cricketing discussion [self - mod] on: July 08, 2023, 02:26:19 PM
Bangladesh won't be able to score 132 runs now. Forget about 332. I've never seen Bangladesh playing like this in their backyard against a team like Afghanistan. No team has been able to win the ODI series against Bangladesh in Bangladesh since 2016 except for England. Afghanistan is the team going to win the series, and tell Bangladesh you have a lot of things to do.

It seems those Toy Tigers will lose the match by a significant margin. Fazalhaq Farooqi and Rashid Khan are bowling exceptionally here. The Toy Tigers are unable to play them. Congratulations to Afghanistan in advance for winning the match and the series.
Right now, with current performance Afghanistan is surely one of the best team in this region and I have feeling you are underestimating them specially after having score like 332 now they are completely dominating this match and series Bangladesh was good few months back but due to bad management and inner politics now they are going down with most chances they will be worst team in Asia Cup and World Cup as well because things are not looking good for them specially in this series I check their bowling, batting and fielding below then average even we can say street level cricket.

Now in today match, I was expecting nearly 390 to 400 from Afghanistan but Bangladesh done good fight back with restricting them at the total of 332 which is also hard to chase with Bangladesh current form and same happening right now we have 93 runs with the lost of 6 wickets and 23 overs gone mean match and series both lost due to poor strategy and playing conditions.
1365  Alternate cryptocurrencies / Altcoin Discussion / Re: Pi Network is under investigation in Vietnam on: July 08, 2023, 01:31:53 PM
I pity people who are still wasting their precious time and efforts mining pi coin, I wonder what they are hoping to get.
I will always reiterate, pi is scam and people should stay far away from it.
stay away from it, why? It sounds like you are disappointed that you didnt get involved.

What is there to lose? its free to mine.

It has a massive user base -- one of the largest. Chances are that some large crypto company will buy them based on this fact alone. So even if they dont get their act together and launch -- they wont need to. This is the first project available to everyone with a level playing field. They have not launched and money grabbed. They are buliding community first.

what are the drawback to users? Your statement is blank and aimless. Pi has unlimited potential for many reasons. Howwever, even if they simply close down -- ppl have lost nothing. pyramid or ponzi schemes involve transfer of money.
I don't think he will say that if he didn't tried it and do you think if he got a coin and he sell it for a good price, he will say those things? Of course not but he must be thankful instead that he got free money once from this project before it turned out bad. Yes it's free to mine there but we are required to do a KYC. Maybe you can still say that KYC is free. It only means that you didn't value your privacy and personality.

You didn't know that criminals can use your KYC and you will be the ones who will get blamed for the crimes that they did. The news we have here is great. Hope they will get shutdown so that there will be no more people who will waste their time and risk their identity on this scam project.
1366  Bitcoin / Bitcoin Discussion / Re: Security and Privacy in the Crypto Market on: July 08, 2023, 01:23:05 PM
Not that really a shocking thing on which it would really be that normal that KYC would really becomes more even rampant into these kind of platforms or companies which government cant really just make it slip away.

Exchangers does really involved huge amount of inbound and outbound transactions on which it would really be just that normal that they would really be trying out to regulate these things as much possible which it isnt really that shocking anymore. Its true that most users would really be minding that much about security and privacy on which we are really that been giving importance on but there are really that we do much prefer on things but ending up on having that being filtered out or does give out no choice but to touch up these places. Good thing that we do have other options on which we could really be able to cover out tracks
and would really be still able to execute out anonymous transactions which it could really be done using up by those mixers or touching up DEX.
The only sad thing is that the governments are already after these crypto mixers or even on the decentralized exchanges because they know that many will avoid the KYC or the regulations that are imposed and those users will easily head on to these platforms.

There are lots of mixers and some decentralized exchanges that have been shutdown in the past by the government and its organizations. Let's only pray that there must be something that will left for us but it's always better if we can now familiarize ourselves with the KYC just in case they already shutdown our favorite decentralized platforms. If we still don't want to, then we are free to quit dealing with cryptos.
1367  Economy / Gambling discussion / Re: Virtual bug? on: July 07, 2023, 09:26:39 PM
Within 82nd to 90th minute, away team scored 5 goals? Can you give us the name of the betting sites that you experienced this? If it is true, do not use the betting site again, they are manipulating the whole thing if such thing continues in other matches. But the gambling sites that have virtual games that I have gambled with before can be said to not manipulate anything.
He didn't say 90th minute there just 82nd. I think the OP isn't working on that casino anymore so maybe it is safe now to name that casino for us to check if the claims are true and it still exists or we can just avoid it completely before the same problem occurs with us and our issue will never be resolved especially if it's an intentional one. This might be one of the problem when we play virtual games.

It is where the betting site owner can do some manipulations or they can rig the game, same to the casino games while if we play the live sports betting games, manipulation won't still be completely free. There are fixed matches and then misleading calls of a referee even if there is already a VAR.
1368  Alternate cryptocurrencies / Speculation (Altcoins) / Re: NFT Speculation on: July 07, 2023, 09:10:04 PM
In the bearish season there's nothing we can do, especially for the NFT market, even now NFT is still not very popular anymore,
even some of the top NFT coins are still at the bottom price and haven't recovered yet, but don't be sad,
because this is a good thing for those who haven't bought NFT yet, because at this time buying NFT is really worth holding on to.
In the market as a whole yes but for a certain project and NFT's, I think we can still be able to manipulate them. It's already common even before especially to the NFT's. I wouldn't be surprised on why many NFT's are dumping lately.

It's not that we are still in a bear market but the hype of them are already over which means even the market returns to normal, the value of those NFT's are still going to be the same. I feel sorry for those who FOMO when NFT's are still hot and they also HODL it long term thinking it's like a typical crypto or much better than it. Oh well, as they say, regrets are always felt at the end so there they have it.
1369  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: July 07, 2023, 05:29:21 PM
Inter Milan was clearly on a wind up because they know very well that Man United really needs a goalkeeper after De Gea is no longer with them. For that Inter Milan insisted on a price of 60 Million Euros and I think Man United will have to fulfill it if they want to sign Onana.

Besides that, Man United have to move quickly because if there is another team that is also attracted to Onana then Inter Milan might raise the price.
Right now, situation is very interesting at Manchester United as takeover battle is also going on and Eric Ten Haq is doing his job with bringing fresh and quality players which can bring better performance in next season, and they can fight hard for the title race right now we have last big from them for Onana which is worth £43 m most chances tonight we will have some good news about this transfer because talks is going on between two parties and all is going into positive way.

Inter Milan play their cards on right time with watching things around, and they also understand now this is good time for them to have enough money which is also needed to them for having few other changes for their team as well, hopefully Manchester United will have all their required players in coming days as well for the next season.
1370  Bitcoin / Bitcoin Discussion / Re: I sold the altcoins and invested in Bitcoin" on: July 07, 2023, 03:04:23 PM
(Not financial advice)

50℅ BTC
30℅ ETH
20℅ Solid top 100 altcoins/tokens (10 of them)

I think that this is the best setup.

Why shy away from promising projects just after their downfalls from all time highs? There's no reason if you're ultimately HODL'ing. It's completely fine to have some exposure in case you get a exponential return.
I think a better set-up would be like this> 80% for BTC and 20% for ETH but I prefer this set-up better> 100% for BTC. No need to waste our money, time and effort on other cryptos because all of them are only depending on Bitcoin. If BTC falls they also fall although if BTC pump they will pump but I think our profit potential is still the same or have gotten lesser than if we put all our of money in Bitcoin.

Many projects are only promising at their earlier runs but once they dump they will hardly recover anymore so don't ever mistaken their dump as a good opportunity. We are not holding for no reason but all of us are doing it because we want to earn a massive profit.
1371  Economy / Economics / Re: Bad impact when You carry out Online or Offline Loans on an ongoing basis on: July 07, 2023, 12:46:10 PM
maybe many people are taking loans online or offline for various urgent reasons, but keep in mind that the habit of making loans will only get you entangled with what is called eternal debt and the possibility of getting addicted to making loans online or offline

I live in a city where the rate of people making loans is quite high until yesterday I heard of a neighbor who was fighting with a debt collector because he was unable to pay but the debt collector belittled the borrower who was unable to pay
The problem is that loans weren't created for this, it wasn't created so that you can take luxury vacations, buy expensive bags and cars and phones etc etc, it wasn't created to fund your life. It was created so that banks would make more money, how does that happen?

They give you 100 bucks and get back 105 bucks, and that extra 5% is the way they make money. Logic stands that if we do not print money, and total is 1000 dollars ever printed, if you give all 1000 as a loan, then there needs to be 1050 paid back, but we only have 1000 printed? So where does the other 50 come from? It doesn't, we either print more money which we are doing, or banks take what you have as a response, and they own the world this way small by small, slowly but gradually.
1372  Bitcoin / Bitcoin Discussion / Re: Don't be intimidated on: July 07, 2023, 12:10:03 PM
It is crucial to educate yourself about Bitcoin before investing in it; otherwise, you may experience regret later on. Many beginners believe that they can quickly make money from Bitcoin and hastily jump into it. However, when the price begins to drop, they become distressed and sell at a loss. It is important not to invest in Bitcoin with funds you cannot afford to lose.
I agree with you that educate yourself about investing is much better than forcing yourself to get involved in investing without bringing any knowledge in it. Beginners are too quickly satisfied with some of the news they hear outside, so they try to get involved in investing even though they do not have basic knowledge, but in the end they have to give up when market conditions experience a sharp decline.
Not having any basic understanding and getting in would definitely something scary and people who do that are making a huge mistake without realizing it. It is not going to be that easy to make a change anytime soon but you have to realize that bitcoin is a tough world to crack into if you are not careful.

Sure you could do the simplest thing and buy bitcoin and hold it and you would be making profit but that doesn't mean that trading would be a simple thing, but trading is a hard thing and you would not be able to make a profit in the end. I believe that we should be careful about what we are doing while trading and you would be able to make a profit only based on how good you are while you are trading so you should be a veteran at it and learn more about it.
1373  Alternate cryptocurrencies / Altcoin Discussion / Re: Durning bull market we will received many good bounty? on: July 06, 2023, 06:31:39 PM
Apart from bounty I have an interest in testnet, retroactive, airdrop,... in the crypto space. I'm not too fixated on making money with this market and bounty is just a small part, obviously now bounty doesn't have much appeal as well as quality projects, but I think it will also have relationships about the fact that developers are limiting ideas to create projects and build community reward programs. However I also understand that the bitcointalk space has many ways of making money beyond just bounty.
Bounties used to have a lot of interest and people would do all the things projects asked them to do just to make money, because most of the bounties would pay you something, maybe not a lot of money but they did gave you some money.

Considering that's gone now I have to say that we are not going to see a lot of bounties or airdrops anymore, sure during the bull run there could be some more tries and I can understand that logic but that doesn't mean that we are going to see them do well neither, we could see them do differently. I believe that we need to focus on making as much profit as we possibly could, and in the end we are going to see that things outside of bounties are still possible and we can find work in the crypto work that pays us well.
1374  Economy / Economics / Re: Fix the money, Fix the world. on: July 06, 2023, 06:18:20 PM
The world has never been fair and not entirely equal, and undeniably the rich always oppress the poor in every way. But don't blame them because if you don't want to be oppressed by others, get rich, and find a way to get rich, you will never be oppressed again. For me whining and criticizing others will not solve the problem, instead find a way to fix it and get over it.

Regarding the OP's idea, I think the OP seems to be being too delusional about bitcoin and treating it as a god rather than a currency.
Bitcoin can reduce poverty, reduce unemployment, and now the idea of bitcoin can balance rich and poor, I really don't know if anyone has any other ideas about bitcoin,  Tongue.
This isn't even a new thing neither, like even 5000+ years ago that was the case, we had a rich class and we had a poor class, depending on where you live, even slaves were the lower class, and people who didn't know any better just assumed that was the things should be, it took us like just 100 years ago or so until we got rid of slavery all together, some a bit later but generally it was over.

So all in all, I have to say that it is not an easy thing to say that lower class should get closer to richer class, it is not a simple thing, if it took us thousands of years to stop slavery, then wage slavery will definitely take longer. One thing I worry more is that desire to make more profit is hurting the world itself, the earth, we may not have a habitable planet because of it.
1375  Economy / Speculation / Re: Bitcoin will fall or rise? $30400 the recent price on: July 06, 2023, 05:49:59 PM
Sideways are always possible, but having a little more optimism on the price won't hurt either. If actually bitcoin is going sideways over the course of the year in the $28k - $35k price range, then this would be a good phase to do a lot of entries and DCA. Of course that's because there's a lot of confidence about the coming year especially since the halving is very likely to push bitcoin prices even higher.
Sideways or sideways is still possible going forward, but optimism remains that the conditions related to the halving will also be getting closer, so how do we have to be able to take advantage of the conditions to collect bitcoins. DCA is still a strategy that can be utilized even though bitcoin is slowly showing an upward process from the previous correction.
Going sideways is not a terrible thing, as long as it doesn't go down that means we are going to do fine. Looking at OP's price point, we have gone up from that, seen 31k+ and that's a good sign for all of us, bitcoin is capable of going higher. That means we could probably go even higher, if we didn't get stuck and going sideways that means we are going to end up with a better result eventually.

I am not saying that it is going to be 100k tomorrow, but going higher is a good thing, we could possibly end up with like maybe 35k soon and that would be lovely, I am guessing that it will be something we would all want to see and that's why I believe that it will bring us a lot of profit in the future as well, or at least that's my prediction for it.
1376  Economy / Speculation / Re: If bitcoin will accepted worldwide for legal then price rising $100k?? on: July 06, 2023, 05:20:30 PM
If btc is legally accepted in all countries then huge number of investors will increase. and the use of btc in various fields will increase.

what is your opinion about this?
Not only 100k but even higher there are saying that bitcoin will run up to million dollars if adoption happens and if the world starts trusting this not only for investing but for the daily use.
imagine how fast transaction could be and how much time will be saving and also the safer for security?
and with the amount of bitcoin available yes sure we will rich so high that what others could ever expect .
I believe million dollars will happen in the future. However, I am not sure if it will happen anytime very soon. I am guessing that it will take a decade or two before it gets there. However, if we could get to see legal worldwide then that changes things, it's already legal in most big nations and you can move it around, there is nothing wrong with that at this moment.

However, if it gets to a worldwide more accepted or basically more adopted method and a lot of people start using it then 100k is not a big number and should be done easily. I know that it will take some time, but this is a guess and prediction game and I can say that 100k would be very little compared to what we are talking about here as well, I agree with that.
1377  Alternate cryptocurrencies / Altcoin Discussion / Re: Stablecoin for bitcoin on: July 06, 2023, 04:50:34 PM
Too many ideas less research. Let's see if Ethereum does this and where it will go after. But I really doubt they will ever do this.
We already have the USD to know the value of Bitcoin, why else do we want to create something that will divide the money again? There are so many altcoins around and it also divides the supposed to be money for Bitcoin that could've been increasing the demand every day and yet you want to create another one. It will just create chaos like the fork coins that came out like mushrooms.
But if only there's less competition in the market then it might work. But on today's date, you might want to think about it because there are tons of stablecoins in the market. BUSD, Tether, USDC, and more. Creating another will not create any stability for the Bitcoin price, it will remain volatile for a long time or maybe when the halving ends which I doubt we will still be alive and witness.
I think ETH already have its own stablecoin and that is Tether ( the original one only ) because right now, there are now Tether which are built for other networks. So far it is successful I think that is because ETH is already a top coin so it's not that hard to gain the trust of the public but how much more if we also have one for Bitcoin? Many people might switch on it but I'm not only sure if it's possible because stablecoins are a token and Bitcoin doesn't have smart contract capabilities in order for it to create a token.

Yes, we already have a USD but it is different from a stablecoin because it is offline. Having different currencies is not always bad but they are also helpful to prevent the risk than if we only invest in one coin. They also have features which can't be found on Bitcoin.
1378  Alternate cryptocurrencies / Speculation (Altcoins) / Re: 10k investment on: July 06, 2023, 03:28:10 PM
with a value of $ 10K is indeed not a small value if used for investment, but if you invest in bitcoin, you will only get 0.32 BTC.
but if it's on another coin it's clear you will get more, but I really agree to do a good analysis before placing it.
because if you want to analyze at CMC, there will be lots of altcoins that are very potential and worthy of investment [besides XRP and ADA], but I prefer to invest in just a few coins to make it easier to control them.
if you want it to be easier, in my opinion, just investing in bitcoin is even more profitable and very reliable, and remember that the upgrade period is not far off.
I remember there was a time where BTC stayed at $10k for a long time. If only OP have this amount and ask this question before, then maybe BTC is going to be his first choice because it will easily gave him 1 BTC in exchange for his money.

Time flies so fast and BTC reach more price levels and as you said, our $10k amount can only gave us that 0.32 BTC but I think that was still better than having more than 1 piece of other crypto. They are only good for displaying in our wallet but the small quantity of BTC is still the one that will gave us a massive profit. In between XRP and ADA, ADA must be better although indeed there are better coins out there than ADA.
1379  Alternate cryptocurrencies / Altcoin Discussion / Re: Why are altcoins important? on: July 06, 2023, 02:12:54 PM
Scam, death both have in altcoins market so why you want investing altcoins?
My opinion buy dip and sold faster on some profits like to be best revenge for all altcoins investors!
What's your skills and opinion? 
I thought you dislike altcoin? Then why you are giving us that suggestion? But anyway the truth is that there are also legit altcoins. These alts are worth it to HODL for a long time obviously because it can give us a great income in the future and buying and holding is also a way of showing a support to the creator of those altcoins.

Your suggestion is still good only for the altcoins which are only good at the start because maybe this was only their goal and they don't plan to develop their alt and try more harder. Legit altcoins are important because they supply the missing features that people are looking for in Bitcoin. Alts help in the adoption of crypto or in Bitcoin so I wouldn't hate them.
1380  Alternate cryptocurrencies / Altcoin Discussion / Re: Verified twitter, telegram account is the strong point for a new project? on: July 06, 2023, 01:08:39 PM
I think that even though a verified Twitter account signifies a higher level of trust and authenticity than an unverified account doesn't mean it has to be a strong point for a new project.  Verification only shows that the account owner is a valid person or entity, but does not provide any indication of whether they have expertise, success or credibility in a particular project area.

In order to assess whether a verified Twitter account is a strong point for a new project, it is important to look at the content and reputation of the account.  Consider followers, engagement, the type of content posted, and the degree to which the account has proven expertise or success in areas relevant to the project.
I guess not because the new Twitter only require a valid phone number which can be bought anywhere and some money as a form of subscription to get verified. It does not require a valid ID, selfie and others like we did when we verify our other online accounts.

Anyone can now easily verify their Twitter accounts or have that blue check mark so it's not a good indication anymore that a project is trust worthy or have a potential to succeed because there's also legit projects who still fail. The best way is to still do an investigation. Check their links in their bio and study what you are seeing there. You can also search it outside to see if they are authentic.
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