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141  Economy / Speculation / Re: Buy more Bitcoin when downward on: June 24, 2024, 03:28:22 PM
This month of June has been being nasty for Bitcoin, although nothing guarantees the next month is going to be anything better, as Mt. Gox is going to start repayments to customers, what can lead this market to even more sales of Bitcoins and crashes in price. I didn't imagine Bitcoin could drop to 61,000$ like that at current stage. Of course this crash will launch a pessimism trend among investors, until whales buy the dip and push Bitcoin upside once again.

If you want to buy Bitcoin now, go ahead, but be prepared to wait until October or November to see some progress in your portfolio, because that is a serious possibility.
142  Economy / Gambling discussion / Re: Is gambling a weird way of weath redistribution? on: June 24, 2024, 03:15:48 PM
I guess 100% of signature campaigners on this forum who have been working for casinos are a good example of that, right? Because people here aren't wealthy players, but average folks looking for extra income opportunities on the internet.

No, because just as with shops or other examples, signature campaigners provide a service for which they get paid, in gambling there is no economic activity between the players, you pick a number or a team and you either lose or get money!
I mean signature campaigners are the closest example of the gambling wealth redistribution you mentioned in this thread. Signature campaigners are common people trying to make extra bucks on the internet, but not by gambling with their own money, rather they are working for the gambling industry and being paid for the propaganda they execute for casinos.

Money lost by whales at gambling games allow online earnings opportunities like signature campaigns through that "wealth redistribution".
143  Economy / Exchanges / Re: Buy bitcoin more fairly on: June 24, 2024, 01:49:39 AM
When a user sends his Btc to sell to the platform, he receives it, once he receives it the post activates and you can now share it to buy, you wait for the buying user to send you the screenshot of the receipt (you will also notice that you received a bank transfer out of nowhere) and you will receive an email notifying that someone took your offer for you to release the bitcoins, once released they pass into the power of the buyer, and the buyer has to remove their bitcoins to a Wallet that belongs to them

I want this to be used by the entire community (I currently have the site with the Mexican currency but if you want operations to be done in USD I can change it, just contact me through the website and tell me) to make the ecosystem a better place
You are the middleman between buyer and seller, is it? So you ensure the transactions go smoothly and legit, otherwise, there aren't any guarantees for the parties involved, since a BTC buyer can deposit fiat on the BTC seller's account, but the BTC seller might not send any Bitcoins in the end.

And if you are working as middleman, aren't you charging any price for your services? How will you keep your platforms active and operating? I suppose there are costs involved, besides the time you spend there.

Exchanges charge indeed very expensive fees over transactions, but that is the cost of running the business... It would be great if every Bitcoin enthusiasts had the possibility of only transacting through P2P, so we could have access to fair prices when buying and selling, but that is unfeasible for most of us, because there aren't people locally to trade within.

Your service, for an example, wouldn't be accessible to me, because I'm not in Mexico, and to do foreigner banking transactions is just too expensive. That is actually one of the reasons why El Salvador introduced Bitcoin as legal tender on their territory, so native citizens living abroad could send money to the country through BTC, instead of fiat paying exorbitant fees to the banking system.
144  Economy / Gambling discussion / Re: Is gambling a weird way of weath redistribution? on: June 24, 2024, 12:48:46 AM
Assuming rich people have more to lose and their share of the losses is bigger, taking into account they support with this money a ton of jobs, 70 000 in Europe alone, is this a form of wealth redistribution?
Yes, it's a voluntary form of wealth redistribution where riches aren't forced to give their money away to society, but do this because they want to be entertained and risk their luck through an activity called gambling. I guess 100% of signature campaigners on this forum who have been working for casinos are a good example of that, right? Because people here aren't wealthy players, but average folks looking for extra income opportunities on the internet.

People say the poors are harmed by gambling, because they can't afford to lose anything and still gamble anyway, and that casinos are the only ones benefited after all. However, I don't think it's true, because as you said, the industry creates lots of jobs and moves huge sums of money which impacts directly or indirectly many sectors of society.

Check touristic gambling cities and regions, like Las Vegas and Macau, so you will see how gambling is important for the local economies and how it benefits not only the gambling houses, but also the hotels, restaurants, transport services and so on.
145  Economy / Economics / Re: The government cares for no one but waits for you to get rich for taxes paying. on: June 24, 2024, 12:39:47 AM
Taxes follow a curve similar to a bell in which those at the opposite sides, those that are incredibly rich and those that are very poor, do not pay much in terms of taxes, but as you begin to move to the center, the taxes you need to pay grow significantly, as we must remember that we pay taxes not only when we do so explicit to the government, but we do so when we make almost any transaction, the issue is that while I can understand those that have nothing to pay a low amount of taxes too, it is a problem when the rich do it, as there are people out there which are billionaires and that pay less taxes than we do, and this is clearly unfair.
That is right. The ones at the top and at the bottom aren't heavily impacted by taxes. The middle classes are. The government protects the richest, because if regulators introduce tax policy against them, their wealth leaves the country immediately to a more friendly country which won't charge them at all... Meanwhile, the poors don't have much to contribute and heavily rely on welfare programs to survive, so the final burden is carried by the middle classes, who are the most prejudiced ones, since they want to work and thrive, but find many obstacles on the way, because the government sabotages them all the time through abusive taxes.

As far as I've seen, countries haven't managed to get rid of this vicious cycle yet. Here in my country, officially, around 40% of the yearly income of an average citizen returns to the government through taxes. That is insane, and for much less we already had armed revolts in a far historical past against the imperial government.
146  Bitcoin / Bitcoin Discussion / Re: Do you know that bitcoin has spread all over the world. on: June 23, 2024, 05:27:21 PM
Are you saying Bitcoin has spread all over the world just because you saw two villagers talking with each other about Bitcoin? That is a precipitate guess, no?

Bitcoin adoption is still pretty low in the world compared to number of people living on it. Bitcoin must be indeed everywhere, in every countries, but I fear the number of individuals adopting Bitcoin on each area of the world is scarce. We see the price of BTC skyrocketing to new a new ATH, but it's not exactly due to adoption increasing, but due to the whales acquiring even larger amounts of Bitcoin each new day.

Bitcoin is still heavily concentrated on the hands of big players, while most people in the world doesn't even care about acquiring it at all. That is sad, but real.
147  Economy / Speculation / Re: Let's Hold Strong, Not Hope for a Drop! on: June 23, 2024, 05:04:39 PM
The strongest and most influential players of this market are the whales and institutional investors. You can expect them to manipulate the market to generate a feeling of mistrust and fear among average investors, who will consequently feel tempted to sell their holdings due to potential crashes in crypto market yet. And that is when those whales just purchase all the cheap coins for sale, instantly boosting prices to new ATHs, while the fools who sold are left with nothing on their wallets...

Just be patient and keep waiting for the right time. Once the prices skyrocket again, it will happen suddenly without previous warnings, so nobody will have time to buy new coins to join the party. That is why investors have to keep their tickets very well stored in safe places beforehand.
148  Economy / Gambling discussion / Re: Which is easier, to quit when winning or to quit when losing? on: June 23, 2024, 04:49:49 PM
For me it's easier to quit when I'm winning, because I fear losing my profits, so I tend to just avoid to continue betting, cashing out my funds immediately. On the other hand, when I'm losing, I feel more tempted to continue gambling, because it's too bad when things don't go as expected. It's like already having plans for the money, but then you have to change your plans, because there isn't money anymore.

I'm not saying to be playing with money I couldn't afford to lose, but even when that is not the case, you still have plans for the profit you are aiming from a gambling session, right? It seems natural for the brain to start elaborating alternatives to keep playing and recovering that money somehow. And that is when you have to nip the evil in the bud, leaving the game instantly without thinking twice, for your own good...
149  Economy / Gambling discussion / Re: How do you understand entertainment? on: June 23, 2024, 04:38:16 PM
But if you ask you what entertainment is for you, then this question will be at a dead end. They do not know what entertainment is. Wikipedia writes that this is activity for pleasure.
Yes, you seek entertainment to find pleasure, satisfaction and to relief from daily life's stress. That is something everyone needs to do in order keep their mood balanced and life going on. Some need more often, while others need less. And in case of gambling, that is where people find their pleasure through the possibility of finishing a session with more money than they firstly started.

It's wrong to consider it's only going to be fun if you end richer than you started. The right thing to do is to get entertained just by the fact you have the possibility of quitting richer than you begun. So, you get entertained not by the outcomes, but by the game itself in real time. You feel the excitement of not knowing the next result, the thrill of playing a random game which may surprise you at anytime, instead of focusing only on the final results.

That is where the entertainment nature of gambling lies. You live the moment.
150  Economy / Gambling / Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest on: June 23, 2024, 04:28:04 PM
You have to wait a little bit and continue refreshing the website tab from times to times... You don't have to do a few rolls to get them or anything else. Just access the website once a day, and keep refreshing it (once every hour must be enough).
The only requirement for receiving WOF spins is that you hold minimum of 2500 FUN tokens. You don't have to visit the website every day.
Even if you don't visit the website for months, WOF spins are accumulated and you can play all them whenever you want.
He has the FUN tokens on his account and has already received the daily spins in the past days for holding the FUN. His doubt was regards the fact he didn't receive the spins for the current day yet. So he asked what he should do in order to make them appear.

And that is something everyone faces, I guess, because the website takes a while to update the data for the day. For an example, if I don't login at freebitco.in for 30 days, once I do this after that period of time, I will see part of my data and history (spins available, earning tab history) stucked exactly like it was 30 days ago. It will take some minutes or hours to have everything updated and displayed correctly.
151  Economy / Gambling discussion / Re: Betting on political events on: June 22, 2024, 08:02:30 PM
I don't think we can gain anything from political events betting because there are survey companies that can accurately predict who will win in elections, in our country alone all those who voted in positions have been forecast accurately by the survey companies, they can do that because they have a system in place that can monitor the pulse of the voting masses.

On Sports betting, it is performance-based, while in political events, it's the issues and the agenda that will make the candidates win, not his past performances and reputation; upsets are so rare in political events.
Surveys are hired by the media or by the candidates themselves to encourage the public to believe a determined tendency is taking place in the national scenario, which is interesting for the party sponsoring the survey. Moreover, most of surveys nowadays in presidential elections indicate very tiny margins between the two first candidates (something like 51% - 49% or 52% - 48%).

It indicates a technical tie, and makes the bets even more interesting regards such political events. It's just not possible to bet in politics at countries where the government completely manipulates the election's outcomes, which is the case of dictatorships. Then it really doesn't make sense to place bets and I don't even know if it's possible.

But regards USA, it's an interesting event for gamblers, because elections there are always pretty polarized, so there is always a profit opportunity available for the ones seeking to risk their luck.
152  Economy / Economics / Re: Here is the serious use case of crypto to deal with your everyday needs on: June 22, 2024, 07:46:53 PM
When there is issues with banks and transactions also becouse of hacking and cyber attacks.
To use cryptocurrencies to avoid trusting your money to third party hands is one of the main reasons why Bitcoin was created in first place, so it's indeed a very serious usecase for your everyday needs, even though you won't be using crypto as currency for your daily purchases. It means your money will be in your hands, and only in your hands if you hold it in a trusted cold wallet, so you don't have to fear having your money seized by the government anymore, like it has already happened in some countries.

You don't have to fear being hacked, because your money will be inside a cold wallet. You just have to make sure to store it in a safe place where other people won't have access to your wallet, just like you do with your physical wallet of paper money and personal documents.
153  Economy / Gambling / Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest on: June 22, 2024, 07:33:32 PM
I bought some fun tokens a few days ago and each day I got my free spins with no problems. Today I haven't got any yet. Do they come randomly throughout the day? Do I have to do a few rolls to get them, or is there something I have to click on the site? Just trying to figure out if I am not doing something today I did yesterday.
You have to wait a little bit and continue refreshing the website tab from times to times... You don't have to do a few rolls to get them or anything else. Just access the website once a day, and keep refreshing it (once every hour must be enough).

I don't know exactly how it works, but that is what I do. Anyway, it's normal that personal data and history which updates daily delays there to display, including your earnings from "earning program" tab.
154  Other / Politics & Society / Re: Is it true that good people don't live long in the society? on: June 22, 2024, 07:23:44 PM
Something bad happened in my area that made me to bring this topic for we to discuss and correct some people mind set, because people where saying that good people don't live long these days, that they want to turn to a bas people in the society so that they can live long to continue their evil habits in the society.
From my experience, what I have seen is that people who cultivates good inside themselves tend to get away from society, that is, to get away from the collective to live more individually without taking part in worthless discussions and conflicts, or without having to go against their principles and values to please others around them.

This situation of loneliness and isolation can lead the individuals to depression and other illnesses which can totally impact their life quality, anticipating their passing. That is why it's important to be surrounded by people who have things in common with you, people who you feel rewarded for having around, so you won't feel like you need to isolate yourself from your environment.

Lucky are the people who live in an environment where everyone "speaks the same language", pursue goals of the same kind, share the same concepts of life and morals. It brings harmony and realization to the individuals.

The world is so chaotic nowadays because people want to mix themselves with other people who have nothing to do with their lifestyle, beliefs, morals, culture in the name of a far-fetched diversity. And those who resist have to pay the price by living like hermits, although instead of mountains and forests, the modern hermits live cloistered inside dark rooms in front of computer screens.
155  Economy / Gambling discussion / Re: Nigerian Government plans to begin taxing gambling. on: June 22, 2024, 07:06:50 PM
Since the taxation may not affect the crypto gambling community in Nigeria, this will encourage more gamblers to gamble now on crypto platforms right?
If it's easier to avoid being taxed when playing at crypto casino platforms, this new measure by the local government will definitely encourage nigerian citizens to move from physical betting shops to online crypto gambling. The government is in fact prejudicing the local businesses and endorsing the foreigner ones through this regulation. There aren't incentives for entrepreneurs to start physical betting shops businesses, since it's much more profitable and attractive to have a crypto virtual one.

Governments are the biggest obstacle for the citizens of a country who just want to work, to have fun and to thrive in life. They don't care for their people. They are just a group of few individuals who occupy power and influence positions aiming to take advantage of the rest of society who are outside their niche.
156  Economy / Gambling discussion / Re: Does mathematical calculations really work in lotto or is it just guess work? on: June 22, 2024, 06:49:38 PM
Do you think that people can calculate and predict the numbers that machines draw or they're just guessing and picking random number combinations?
If you use mathematics to draw conclusions regards gambling, you are just going to be able to find out what your winning chances are, and they are really low... Mathematics can't help someone picking the right numbers the machines are going to deliver. Mathematics will just show you the probability of a determined number being delivered, but it's never a guarantee.

And even if you decided to play many lottery tickets at same time, so you could take advantage of every possible outcomes, it would be unprofitable in the end, because the costs involved in purchasing all those tickets would surpass the potential prize you could receive from them after all. It's better to play randomly and count on your luck to win. And if you can't win, just forget about it and move ahead... Gambling shouldn't be the main focus in life, anyway.
157  Economy / Gambling discussion / Re: Avoid Miscalculated Risks In Gambling. on: June 21, 2024, 08:34:02 PM
Stick to your limits, bet on low risk odds, take profits and don't bet all your profits one very risky odds, and most importantly bet on what you can afford to lose, these are what is expected from a gambler who wants to be successful, not taking unnecessary risks.
Actually, even bets placed on high risky odds can be considered a calculated risk. It really depends on each case and each gambler. Some gamblers prefer taking high risks, while making huge profit from their bets when they win, instead of placing many bets on small odds to make tiny profit, which will be worthless anyway when compared to their performance on the long run.

I believe calculated risk means the gambler is already putting at stake what he can afford to lose. If the odds taken are high or low, it just reveals the personal preferences of a gambler regards the strategy used in game and what playstyle must satisfy him. Personally, just like you, I don't like risky high odds, because I feel uncomfortable during the gameplay. However, other gamblers might feel on the opposite way, so no issues at all.
158  Economy / Gambling discussion / Re: Copa America 2024 Prediction Thread on: June 21, 2024, 06:18:43 PM
If we have to predict Copa America's results, I'm going to risk saying the leader of Group A is going to be Argentina, Group B is going to be Mexico, Group C is going to be Uruguay and Group D is going to be Brazil. I think the way the national teams were splitted among the groups let the strongest ones pretty comfortable to move ahead to the next stages without big challenges.

It would be more interesting if those main teams were on the same group, so some secondary national teams would have more chances of reaching further stages of the competition. In the end, the favorite candidate for winning Copa America must be Argentina, considering the performance of all those teams since the last World Cup of 2022 in Qatar.

Some surprises are welcome, though, and will please gamblers who prefer betting on high odds games to multiply their funds considerably in a single shot.
159  Economy / Gambling discussion / Re: Gambling/betting shops vs Investment banks - Do you believe this guy's opinion? on: June 21, 2024, 06:08:32 PM
What do you guys think about this?
Maybe it makes sense in the reality of your country, but here where I live we have banks side by side with lotteries on the streets in the same neighborhoods. Banks aren't interested only in rich customers, but also target the poor ones. What differs are the banking services the poor consume from the services the rich customers consume.

While the poors go to the bank just to cashout all their earnings and to take loans, the rich customers go there to make and manage their investments, with the support from bank's advisors. Banks profit from every sides and want most customers are possible, doesn't matter how much money they hold, because even if a customer doesn't have a single penny, the bank can still milk money from him by encouraging him to borrow money and create a huge interest debt with the bank.

Regards betting shops, they are also everywhere and there are betting shops for every financial classes. There are the cheap ones for the poors are pubs and popular shops, and there are the sophisticated casinos directed to the wealthy public of a society.

In the end, if a rich guy has the wrong mindset, he can also end bankrupted like a poor guy who never left misery. The mindset is the most important factor here, despite having banks and betting houses around your living place.
160  Economy / Gambling discussion / Re: Investment in gambling on: June 21, 2024, 05:51:15 PM
When it comes to investments anywhere, then of course there will always be phases of rising and falling prices, so you will still be able to wait for prices to recover. But, when it comes to gambling and or betting, then I think it would be on a different basis with investing. Because after all, if you invest in gambling, there is also a feature to invest there, so you cannot equate betting as an investment. Therefore, I personally think that investment anywhere will certainly remain the same, when the price goes down then you can wait to sell when the price goes up. But indeed, everything will have its own risks, because every job and or activity that we do will certainly have risks and these risks are very likely to occur.
Gambling can't be an investment, because it doesn't matter how long the gambler waits to place his bets, or how much money he still has to spare with this activity, that it will be still unprofitable on long run. And when we make investments, we expect and plan it to be profitable along the time, the longer we wait and the more money we have to invest.

There aren't guarantees that every investments we make are going to be profitable, but regards gambling, it's pretty sure it's going to be unprofitable the longer we play, due to the house edge the casinos has against us. So it doesn't make sense to consider it as an investment possibility.

When investing, it's possible to trace and calculate potential returns realistically, while with gambling it's much more random and uncertain. In gambling you can just count on numbers and algorithms to bring you profit, and at investments, there are many other factors to consider, what gives us more solidity and reliability aiming future financial gains.
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