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May 24, 2024, 02:00:48 AM *
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141  Economy / Gambling / Re: REGISTER OF INTEREST - BITCOIN GAME PROMOTERS on: March 13, 2024, 05:45:17 AM
So you basically want people to "Live stream" for you... but are you going to fund those streams like Stake.com are doing with their paid streamers? This is very expensive and a marketing option that are used when a casino is well established.

Which streaming platform still allow gambling streaming apart from Kick? (Owned by Stake.com)
142  Economy / Economics / Re: Nigeria is set to join BRICS in May 2024. on: March 13, 2024, 05:36:24 AM
The problem with the Nigerian economy has nothing to do with the US Dollar, but more with the government corruption and bad political decisions and appointment of friends and family in key government positions.

Nigeria is a Oil rich country and the citizens are supposed to be benefiting from that, but the spoils from that are flowing into the pockets of a few elites and the corrupt government that put them into those positions.
143  Bitcoin / Bitcoin Discussion / Re: 4 years ago, WHO announced the pandemic, whole markets crashed on: March 13, 2024, 05:27:31 AM
The price dropped to approximately $5K at that time. Seeing that it's at $72K it's about a 1400% return in 4 years, not bad. For comparison, we can note that the S&P 500 had a return of 125% in the same period, which is not bad but far from the Bitcoin return.

This end of cycle can make us optimistic after the disappointing mid-cycle returns.

The 1400% return on investment sounds better when you devide it by the 4 years. It is 350% return on your investment per year.... which is almost 3 times more than what the S&P 500 achieved over the 4 year period.

The thing is, not a lot of people had the balls to buy those cheap coins during the price crash. (I did and I am smiling from ear to ear)
144  Economy / Gambling / Re: BitLoto.org - daily crypto lottery on: March 12, 2024, 06:13:55 AM
I assume this lottery are only for Russian people... right?

I tried to figure out what "system" will be used to draw the winners, but all information is just in Russian.  Roll Eyes

You can give out free tickets as much as you like, but if you cannot prove that your method to draw the winners are not fair, then people will not participate.

I clicked in the little envelope to see if I can get online support and it was all in Russian too.
145  Bitcoin / Bitcoin Technical Support / Re: How can one make a Paper Wallet from a Descriptor Wallet ? on: March 12, 2024, 06:06:21 AM
I stopped using bitaddress.org because I read somewhere that there were some flaw in the way that the wallet are created. (It grants skilled people the ability to figure out the private key?) 

The script based wallets should definately be backward compatible with the older legacy wallets.

Anyone have a new site that are similar to bitaddress.org that can generate safe Paper wallets offline?

146  Economy / Economics / Re: Why are some countries being sentimental with bitcoin and the cryptos at large? on: March 12, 2024, 05:50:29 AM
You have to understand that most politicians and government employees are working in government for their own interest and not the interest of the public.

These politicians will look at a new technology to see what they can get from it, before they will support it. A lot of the coutries accepted Bitcoin, because they got something out of it. ( Russia can use it to bypass restrictions on global payments and some African countries accepted it, because they think "bribes" can be more anonymous."  Roll Eyes
147  Economy / Gambling discussion / Re: A personal view on: March 12, 2024, 05:40:24 AM
I am going to Cherry pick some questions and then answer them randomly.

Question 1 "How do you see women gamblers..."
Answer : I see no difference between the two genders. Every person is different and the gender makes no difference between how you gamble or how much you gamble.

Question 2 "How do you feel when you lose..."
Answer : I have a mixture of feelings that range from being sad and some times feeling anger. (Anger when I gambled too much and when I lose everything)

Question 3 "How do you spend your winnings.."
Answer : I seldom have anything to spend, because I gamble for entertainment and the money that are deposited or winnings, stay there so that I can play for a longer period.

148  Bitcoin / Bitcoin Discussion / Re: If everyone is holding their bitcoin, will there be a balance? on: March 12, 2024, 05:25:32 AM
The idea behind Bitcoin was never for people to just hoard their bitcoins, Satoshi wanted people to use it as an alternative currency and for those transactions to generate "Miners fees".

The "Miners fees" will become very important in the future, because the Block reward will be reduced to zero over time, with all the "Halvings" and increased "Miners fees" are supposed to replace it. 
149  Economy / Economics / Re: Banking on people's ideas, visions, and talents. on: March 11, 2024, 07:20:45 AM
A lot of people are very creative, but they are lazy too. I have seen some brilliant ideas coming from the most lazy people at my work.

A guy will for example write a batch file to run scripts to automate all their work and then quickly do the work that takes hours for other people to do.

So, you have to be a creative person and also a hard worker to implement your ideas and then sucess will follow.
150  Economy / Gambling / Re: Stake.com - The Leading Crypto Casino - Drake, UFC, Everton, Stake F1 Team on: March 11, 2024, 07:11:14 AM
For me, offering free money to register as our referral is effective to get number of referrals only but it wont be effective to get referral commission or to get real gamblers as referral.
I myself tried to get referral on some casinos by offering bonuses for signup. It was effective and giving positive results a few years ago. I had gotten some real gamblers as referral on a different casino by using this method, unfortunately they have closed their business. But I haven't gotten the success with this method on Stake. I got only 1 referral who place bets with deposits at Stake occasionally. A few other users only placed some bets with the tips which I send them for creating an account through my affiliate link, then they never made any deposits.



Never offer signup bonusses for referrals, because they just signup with a throwaway account to claim the money and then they go inactive.

I tried this before with other websites and it cost me more in paid bonusses than what I gained through their referral commision.  Roll Eyes

It might work better with brand new casinos, but with casinos that has been around for years, it never works.
151  Economy / Gambling discussion / Re: We need more multiplayer casino games! on: March 11, 2024, 06:52:50 AM
Ok, let my paint the picture a bit better.  Wink

There are multiple games running at the same time, allowing only active players to bet.. once you stop betting.. you go into spectator mode and you cannot share in the winning pot.

The highrollers are risking more money, by staying in longer ...so they can either win some of their money back or lose everything if they bail out early.

Bots cannot be used, because only verified accounts can participate. If you "verify" a bot, you still lose money while you are betting... and bots hate spending money to earn money.

There are the opportunity for a new player entering the game and betting a small amount and then the "Boss" are defeated and the treasure distributed between the team that defeated the "Boss" (So you can win something big, with a small amount of betting)

It is like a shared Jackpot being won by a team... and not a single player.
152  Bitcoin / Bitcoin Discussion / Re: I have known Bitcoin and other currencies since 2014 on: March 11, 2024, 05:32:58 AM
I have been around, since before 2014 and I have pulled the trigger on buying bitcoin, before it went crazy. Unfortunately I got greedy when the price went above $18 000 per coin and I sold the majority of my cheap coins.

I have bought some more coin since then, but at a much higher price, so my profit on those coins will be much lower. The most valueble thing I have gain is not money, but rather a wealth of new knowledge.
153  Economy / Gambling discussion / We need more multiplayer casino games! on: March 10, 2024, 10:05:55 AM
I think it is time for third party Slot developers to give us more multiplayer games.

Imagine a game where players can play the same slot game and where they "fight" together to defeat the "house" - They all fight and a percentage of the money goes into a single pot and the rest goes to the casino. The goal might be to defeat a "Big Boss" or a "Dragon" or a huge Alien ship .. and the team that takes it down, share the spoils. (The more you play or the higher you bet, the higher your percentage of the total winnings) - High rollers can come in, bet huge amounts.. fail to take it down and leave, the pot is then shared by whoever is in at the time when the "Boss" is defeated.

If you drop out, you lose your chance to get a share of the winnings. You never know when it will go down, because high rollers can come in at any time with bigger bets to take it down quicker. There will be multiple games at the same time, so you can jump in and out of different games or just concentrate on one game.



Do you think it will work and will it be more fun to play multiplayer games like this?

154  Economy / Gambling discussion / Re: Online Gambling : Next Generation Challenges on: March 10, 2024, 09:23:02 AM
I do not know if anybody knows about Four-player chess (also known as four-handed chess) is a family of chess variants played with four people. ==> https://en.wikipedia.org/wiki/Four-player_chess .... this game made a 1 on 1 game more sociable and more fun.

Online gambling can do the same with their games, where people can start to play Slots against the "house" in teams. Very similar to multiple players trying to defeat a single "Boss" (like you see in multiplayer dungeon type games)

A lot of online casino sites have their own "Chat" facility, which brings in the social aspect of gambling. (This is very moderated and also very toxic at times)  Tongue
155  Economy / Economics / Re: Is fossil fuels REALLY running out quickly, or do we still have time? on: March 10, 2024, 09:12:06 AM
I think it is crucial for governments to focus on developing infrastructure for technologies that are based on renewable energy... before fossil fuels run out. The global economy will collapse or it will become VERY expensive, if the supply of fossil fuel runs out.... and if there are no alternative to supplement or replace it.

I also think a hybrid system can utilize the best of both worlds... so you can drive on petrol and electricity to increase your driving distances and also to reduce the transport cost and still use fossil fuel and use "clean" energy. (Solar / Wind / Hydro ....etc)  Wink  
156  Bitcoin / Bitcoin Discussion / Re: Bitcoin Bank - Safely store your bitcoin on: March 10, 2024, 09:02:16 AM
My idea would be to create a bank to safely store people's bitcoin and other crypto for people who just want to hold for a lot of time.
They would register with the passport or ID, it would cost 100 GBP + 1% to deposit and verify people's identities.
Then, to withdraw, it would take 3 months, they would have to show the passport and have a meeting via zoom once a month during 3 months stating they would want to withdraw, it would cost 300 USD plus 1% of the value.
It would compensate for people who want to hold for a lot of time without having security concerns.

The people who cannot safeguard their coins are invested in Bitcoin ETF's .... and the other people can buy hardware wallets for $100+ to do the same thing or browse to the sites that offer you offline scripts to create your own Paper wallets and print them for free.

Your solution is too expensive and too complex ... and most people do not want to go through all that trouble to zoom once a month and to "dox" themselves to be able to safeguard their coins.
157  Bitcoin / Bitcoin Discussion / Re: Will Blackrock control BTC? on: March 10, 2024, 08:53:35 AM
Yea, having centralized financial institutions like BlackRock, locking 400 000 bitcoins into a centralized database is a big problem for many of us, but unfortunately we are the minority. The majority of the people do not see the danger or their judgement are clouded by greed, because they are "invested" in Bitcoin for the profits and not to promote Bitcoin as an alternative "currency" for the people.

In any way, if one person or group control the majority of the coins, people will start to move over to other Alt coins with more available coins and companies like BlackRock will have to start buying the more popular coins for their investors.  Roll Eyes
158  Bitcoin / Project Development / Re: Launched a cybersecurity bitcoin product. Looking for feedback on: March 08, 2024, 07:05:24 AM
I kinda see where you are going with this. Let's take the example of the thread that are somewhere on this forum, where you post the Bitcoin address linked to your account and where you sign that address with a message saying that you are the owner of that Bitcoin address and that Bitcointalk.org account.

So, people can hack your account, but they cannot sign that Bitcoin address that you used to prove that you were the original owner of that account. (You simply sign a message again and you have solid proof that you are the owner of that account)

It is just a added layer of protection for your account.  Wink
159  Economy / Gambling discussion / Re: What is the most you have ever won gambling? What is the most you have ever lost on: March 08, 2024, 06:37:19 AM
I won a huge jackpot (Max Win) on a slot, but when I calculated my total deposits, it did not recover my losses from all those deposits.

You might think that a huge jackpot is life changing, but first calculate how much you gambled in total and then subtract your win from that. You might find that you are way in the red, when you look at the bigger picture.
160  Economy / Gambling / Re: Stake.com - The Leading Crypto Casino - Drake, UFC, Everton, Stake F1 Team on: March 08, 2024, 06:10:48 AM
Actually this is not a "shit happens" situation, you should take the time and actually read his case here and at askgamblers. Stake is toying with this guy for months now. Always taking forever to reply.
If you would be in his shoes you would be angry as well, this is not a small amount we are talking about. This kind of treatment can happen to anybody, even to you.
Did you ever see what they are asking of him? It's amazing what they are coming up with in their replies.
The main issue here is that so many people tend to dismiss victims of big sites like Stake right away primarily because of their reputation due to which they generally feel that the fault is on the victims side.

Sad to see @KosherMania go through this annoying ordeal though I doubt his problem will ever get fully resolved.

We had a discussion about these complaints before and the conclusion is normally the same. The casino will be relaxed with the requirement of lower level verification, because it requires basic documents that are easy to verify.

When it comes to Level 3 and 4... it becomes more complex and the documents takes much longer to process.

Imagine someone owning a company that are using that company to launder money and you have to detect that, before they use your site to launder their dirty money. (It is just obvious that they will be more strict when we are talking about high amounts)

I am not saying this person are trying to use Stake to launder money, but I understand why Stake is more cautious when we are talking about huge transactions. (I hope he can find a good resolution to his problem, because I can understand his frustration...after reading all his posts)
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