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1461  Economy / Gambling discussion / Re: Is Online casino always take risks? on: March 31, 2023, 04:09:11 PM
I am just curious about how does online casino pay for their promotion on their influencers? Where does their earning comes from? How will you get scammed when you try online casino? How can you tell that online casino is safe?

Obviously the promotions are funded by the casino's own turnover, which is mainly an income stream from the gamblers playing on their online casino website. Of course they lose some money by doing bonuses and promotion but what kind of business does not spend money on advertising? And this kind of advertising that they do is compared to other types of advertisement actually very cheap! Because they make back most of the promotion money from the gamblers they gave it to. And its featured on their own website so they can decide the rules of that promotion.
1462  Economy / Economics / Re: Elon Musk and others urge AI pause, citing 'risks to society' on: March 31, 2023, 02:24:01 PM
Regardless of what a multibillionaire egomaniac like Elon Musk says, I do not think it is even possible to stop AI development at this point. Also, I have lost all faith in Musk and his pump and dump manipulation schemes ever since he sold Tesla's Bitcoin with his ridiculous excuses. Why would anyone, especially the people from the cryptocurrency community want to trust in his words anymore?

I think that AI development is scarier in its public image than it actually is in reality.

It probably stems from the fact that many people do not understand it and think that AI is some kind of living being which is slowly becoming more superior to humans. Which is both not even close to true.
1463  Economy / Gambling / Re: TRUSTDICE: up to $25 FREE BONUS [NO DEPOSIT REQUIRED] Forum EXCLUSIVE! on: March 31, 2023, 01:02:23 PM
SCAM




Everyone need to know. This site ask for KYC if you win

Then, you will receive email that your documents are fake, or photo are edited.

You can chech google to see it. At Casino guru already made 3 complaints.

Casino have BAD REPUTATION at casino guru. You need to understand that casino use scam scheme to do not pay winnings.

This casino are total fake with fake trustpilot reviews, which are paid by casino. A lot of reviews are from USA, but USA are restricted to play.

You can see REAL REVIEWS with one star. Where people make deposits andd loose money, but when gamblers want to withdraw, casino blocks account with reason "Restricted territories"

Casino find all possible ways to scam you and try to steal your money.

Do not make mistakes like i made already and was scammed with amount about 1500 eur.

This casino are total SCAM.

All casinos ask for KYC on withdrawal of large enough amounts because they are forced to ask kyc by regulational law before handing over anyone their winnings. The fact that they do this during withdrawal makes more sense because they have to individually check every persons documents and that takes manpower and time. If they did that for every account during registration it would be very hard and expensive to do. They told you this on their website in the terms and conditions.

Also, if you trust "review sites", whose main business model is to accept money in exchange for reviews, then thats your own fault. You should have done your own research instead of depending on others to do your research for you.

If the casino says your documents are fake, then they likely are. If you have a problem with that, you can deal with the casino by yourself. All legit casinos are registered and licensed.
1464  Economy / Trading Discussion / Re: WHERE DOES THE PROFITS FROM? on: March 30, 2023, 07:55:10 PM
When investing in #crypto, you need to understand where the profits come from? . You buy low and sell high at many times, but you don't always buy at the bottom and sell at the top. I jumped in and ended up not getting a good #entry , then the account was not profitable , even lost & lost . What you need to decide is when the market has explored very deeply, the whole community is afraid to panic you buy at such times, don't listen to the media at those times, it all just annoys and scares you. so all plus outside there . Remember carefully: high profits come from beautiful #entry and waiting. Decisiveness and innovation for sustainable profits! #future is a tool for the house to hook up the coins from the community after 1 season of #uptrend failure = stay away from it!


Depends on which crypto you are talking about...

If you are talking about some altcoin with absolutely no innovation or anything backing it and no business model behind it then its probably 100% speculative, in which case the profits you earn from it are from the people buying the coin/token. This could be seen as unethical but thats basically what memecoins are.

If you have an innovative coin with an innovative blockchain then thats a different thing.

And if you have a business model pumping profits into the coin then thats where the profits come from. And if that coin is combined with an innovative technology then thats a solid altcoin which could very well be worth investing in.

But a lot of altcoins lack innovation and just copy the original top coins.
1465  Economy / Gambling / Re: New Casinos Launched in Canada on: March 30, 2023, 06:15:46 PM
How different people view casinos is different based on their perspectives and wants, some do see casinos as a place to hangout and have fun.
But for some others, they see it as a place to make money.
Casinos and gambling is a big business, this is why the gambling industry is a multi Billion dollar industry today, this simply means that while some people are seeing casinos/gambling as a way of having fun, others see it as a big business, and are busy investing and cashing out big profits..

Back to the casinos you shared, checked a few of them, and I must say that some of them have really bad reviews, I would prefer to stick with casinos listed on this forum, i see no reason trying out any of those casinos, as I believe that we have better ones here.

I am one of the people who believe gambling should be for fun only.

Ironically, the people who believe they can make a steady stream of income from casinos are the ones who make the mistake of emotional gambling once they start losing money. Grin The really smart ones who actually make a steady amount of money from casinos are the casino investors, probably.

I too would rather stick to the casinos listed on this forum because I know I can trust the people here to give a strict and fair review. Especially when that review comes in the form of actual critique.

1466  Economy / Gambling discussion / Re: Which Sports do you like bet apart from the the listed one here? on: March 30, 2023, 10:59:12 AM
Football is the correct term for what you call "soccer". In fact, I doubt anyone here even recognizes that word other than Americans.

I would gladly bet on any sport as long as I get good odds and understand a minimum amount about that sport and the history of the players involved. You do not need to be a genius to research a players past history of wins/losses. Thats universal for any sport.

As far as to your question of specifically which sport which is not listed here that I would love to bet on:

Asian martial art/other fighting styles which are not that prominent in western society. Sumo, for example.  In Japan, Sumo is a big thing and gets bet on all the time.
No it's wrong, as we've already talked about in this thread, only bets on 4 sports are allowed at Japan actually, and Sumo wrestling is not one of them. Japan bettors do it clandestinely, but it's not very popular since it's a very closed sport with a very special culture and mindset, and matches are often fixed unfortunately. That's why there is no big bookmaker providing bets on this sport.
Regarding soccer, most of bookmakers and bettors use this word instead of football when they talk about soccer, because american football(NFL) is very popular among punters, and is the common word used to refer to this sport in the gambling world.  

Really? I had assumed there was some high level gambling going on in the Sumo world because it is extremely prestigious and only for a rare priviledge of a select few members of the Japanese high society. Obviously at that kind of level I thought there would be some kind of gambling. And yes, while gambling is technically considered illegal in Japan, its not really illegal. It just has the image of being illegal. They still gamble.

Its a grey zone and they find many ways and loopholes around their gambling restrictions.

But basically what I meant is we need more exotic forms of sports gambling. And I see no reason why people from other countries in which gambling is legal should not have the opportunity to gamble on things like sumo.
1467  Bitcoin / Bitcoin Discussion / Re: Guys!! I was finally able to buy my home thanks to Bitcoin!!! on: March 30, 2023, 09:39:26 AM
Congratulations to you and your new home! Enjoy it and remember that Bitcoin is not yet at its full potential so if you ever have money to save, be sure to remember to save it in Bitcoin, and someday, you might be able to buy a house for your children/parents as well!

I must say, I used to have thoughts of selling my Bitcoin in order to buy what I have wanted for a long time but those thoughts have long since dissipated and now I feel like I would rather have the Bitcoin than trade them in for any material possession in the world.

But to each his/her own!

Again, congrats and I wish you lots of happiness!
1468  Economy / Trading Discussion / Re: Can old trading strategies work again? on: March 29, 2023, 04:46:10 PM
The question of if or if not an old trading strategy can work again depends on if the strategy is outdated or not, not whether it is old.

If the strategy is outdated due to a better, more accurate strategy existing or because the strategy does not work for modern times, then obviously it is better to avoid it and go with something better. But again, in order to find that out you have to understand the fundamental workings of said strategy. Some of them are completely timeless while others have gone completely extinct since the age of the internet.

But this topic has gotten me thinking...I would love to go through some ancient trading strategies, perhaps I can find resurrect a hidden gem?
1469  Economy / Gambling discussion / Re: Boxing: Errol Spence vs Keith Thurman on: March 29, 2023, 04:01:57 PM
<==== lots of fight has been delayed because of his selfishness.

I agree with this. In fact, I believe that he already made some drama, which was the reason why his fight with Pacman before was cancelled. Because if he had gone through a serious operation, he should not have fought Ugas after Ugas won the championship against Pacman. Now that he is back with a big win, Crawford challenges him, but nothing has happened. Maybe Spence knows his limitations and that he cannot win against Crawford, which is why he is making up excuses just to avoid him.

I would not say he is just making excuses. Obviously every fighter has to think about his own image and marketability, otherwise he might find himself shoved aside by bigger players and he might not be able to get into a good contract again. Its all about the money, really. Although having said that, it is indeed a smart move by him to avoid the Crawford fight for now. What if something happens and his operation mid-long term side-effects flare up and have a negative impact on the fight? Better safe than sorry.  Perhaps he thought it was not wise to challenge fate? Or maybe he noticed something wrong with his body? Sad  
1470  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 29, 2023, 01:35:22 PM




You should be buying Bitcoin and storing it in your "swear wallet" instead of storing perpetually value-losing fiat coins in a physical jar. If you did that, your swear wallet would be worth more than your "telling people about Bitcoin when I wasn't asked" jar, despite having put less fiat coins into it, initially...  Roll Eyes - Just my two Satoshis
1471  Bitcoin / Bitcoin Discussion / Re: Buying cheap is best formula on: March 29, 2023, 01:25:54 PM
This period do not encourage trading or investment but at the same time when price is down is good opportunity to buy cheap and when its explode you will gain it. Nothing is lost in bitcoin, those holding for long now are the great benefactors but if you buy this period is more safer.

If I have money now, I would buy half of bitcoin because in next three months it will double the current price. This is real because it always occur this way after 5 years remember in 2011 and 2017 from the market charts and caps. And this year will break more even.

Obviously buying cheap is the way to go with any investment but I think that you do not really capture the essence of the problem here. What is cheap? Without knowing future prices, we have absolutely no frame of reference for "cheap". So we buy at we think or hope to be cheap.

Furthermore you should be careful about things like "in next three months it will double the current price". You have no possible way of knowing that. It could double or triple in the next week. And you would never be able to predict it.

It might also takes half a year or a year for it to double. Maybe longer.

Giving such predictions is setting up yourself and others for failure and emotional selling because you are sowing a seed of impossible hope in your/someone else's mind with such detailed predictions.
1472  Economy / Gambling discussion / Re: Which Sports do you like bet apart from the the listed one here? on: March 29, 2023, 01:14:06 PM
Recently I came across a few articles on the Internet while trying to understand what makes sports betting so lucrative. I now know that there are three big sports that every Gambler, Sports Enthusiast, and a lot of fans are engaged in Sports betting. I personally have not seen or realized it but a good majority of teens & preteens are already into it.

I hope everyone would agree with this list:

  • Soccer
  • NBA
  • Cricket
  • UFC

This list is not based on betting revenue or based on the number of fans. It is simply compiled by me after watching the activity on this board for different games thread. I am aware that I did not add Tennis, MMA and Boxing as my question is about those sports that are not being discussed here but you do bet on it either occasionally or on a regular basis.

Football is the correct term for what you call "soccer". In fact, I doubt anyone here even recognizes that word other than Americans.

I would gladly bet on any sport as long as I get good odds and understand a minimum amount about that sport and the history of the players involved. You do not need to be a genius to research a players past history of wins/losses. Thats universal for any sport.

As far as to your question of specifically which sport which is not listed here that I would love to bet on:

Asian martial art/other fighting styles which are not that prominent in western society. Sumo, for example.  In Japan, Sumo is a big thing and gets bet on all the time.
1473  Alternate cryptocurrencies / Altcoin Discussion / Re: Investment involves being realistic, doesn't it ? on: March 28, 2023, 08:59:12 PM
Hoping for a 1000x unicorn investment is unrealistic and is basically the same as gambling. Hoping for any kind of return, no matter how small, just because you have done your research on the company and truly believe they have a service or product that will be profitable is a realistic and smart investing goal.

It all depends on you and how you choose to invest. Hoping to get lucky should not be part of your strategy, obviously.

Other unrealistic hopes and goals will also work against you, from a probabilistic viewpoint.

As long as you do your research without any bias, you are as realistic as you have to be in order to make smart decisions when it comes to investing. Grin
1474  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 28, 2023, 06:14:37 PM
...

Those digits you see when you log into your banking app and look at your balance? Well, they're just a mirage.

....



After the government introduces CBDC's:


1475  Economy / Gambling discussion / Re: Skill Based Slot Machines on: March 28, 2023, 04:47:03 PM
Today I am reading about skill based slot machines which is very popular among millennials. This is the first time I am reading this in my life as a gambler. All that I have known about slot machines is that the outcome is purely based on luck1 as a result of the Random number Generator (RGN). From what I read, the major difference between this skill based slot machines and the regular/traditional ones we know is that there is a bonus round for the players to2 display their skills which gives them a greater chance of winning. Despite this, the odds are still stacked up against the player.
Has anyone here tried it out?
Which do you prefer, traditional slots or skill-based slots?

1. http://bostonsportsextra.com/skill-based-slot-machines-what-are-they-and-how-they-work/
2. http://web.archive.org/slot1.sbs/76959.html


I have never heard of a skill based slot machine. Are you even sure they are a popular thing?

If you were to ask me, I would say that any skill based game where you can make money is just waiting to be exploited. You cannot really exploit something which works with probabilities but if you add an algorithm for "skills" you can easily develop an automated way to always win. It would be simple code for a "human emulator".

Sounds shady. I would love to see the inner workings of such a "skill based gambling game". Roll Eyes Maybe the skill part is just marketing and its not got anything to do with your abilities? 
1476  Economy / Economics / Re: Binance CZ sued on: March 28, 2023, 04:16:39 PM
Binance CEO Zhao and his COO got sued by CTFC ( commodity futures and trading commission ) , why won't these people just leave this man alone?  Angry also is this why the market is currently crashing? These people mean CZ and I hope this guy will move out of the US for good, those people are just still mad with what he did with FTX, many secrets came to the light and many aren't too happy about it.

No need to be worried about such a large centralized exchange owner. He has more than enough money that even if he were to lose in court, he would not even miss the comparably tiny amount of money he would have to pay up as a penalty. Binance can recover that loss within a short amount of time. Worst case scenario, Binance would have to delist a lot of shitcoins that nobody should be buying anyway.

I really do not see neither a positive nor a negative side for Bitcoin in all of this.

I would never trust any centralized service, especially a centralized exchange anyway. CEX's are basically almost always shady business models anyway.
1477  Economy / Scam Accusations / Re: fellas be careful from this kind of scams! - READ on: March 28, 2023, 03:06:19 PM
Hey!

So this guy started a thread requesting "help" with bumping his so-called withdrawal!

https://i.imgur.com/1GoolWa.png

Not providing TX-ID or anything.

1) He finds a reply of a big win
2) He advertises the "casino name" in the thread
3) He is self-moderating the thread

Once you click the casino name, it gives you the option to "connect your wallet" once you connect your wallet, your funds are 100% lost.

A simple click bait scam.

I warned others, my reply got removed and thread has been closed.

Rather than only connect they also add in a permission to do whatever they like and if you give them that permission, they can take any funds in your wallet. If you are a curious person who wants to try anyway, despite knowing its 99.99% definitely a scam, then at the very least use a new and empty wallet. But it would be better not to give any permissions at all, in my opinion. Nobody needs to connect to your wallet to send you crypto. All they need is to know is your public wallet address.

Anything that seems too good to be true, probably is. Just remember that the next time you or anyone else makes 200k in winnings.
1478  Bitcoin / Bitcoin Discussion / Re: Evidence that I actually invested for my baby on: March 27, 2023, 08:54:41 PM
Few days a go, I made a thread on the topic "early bitcoin investment for my baby" I got some comments saying I should show evidence showing I actually invested the money.

Here is the evidence: https://imgur.com/a/3Xr9pJq

I invested the $50 and even more from my little savings and from what I got from what well wishers gave to my baby.
I will be putting money in the wallet from time to time too.

Thank you all for the congratulatory messages. I really do appreciate. 🤗

I am not sure why you need to post evidence that you invested 50 dollars into your child's future but ok, I guess?

Also, for future reference, us coiners do not accept an image as evidence. If you want to to show us evidence, I recommend showing us your wallet address and signing with your private key. Message signing is how us coiners prove ownership of our crypto address.

That way, everyone and anyone can verify the authenticity of your transaction.

Trust but verify Cheesy

Although again, I doubt anyone is demanding proof from you that you invested 50 dollars. And I don't think anyone would see a point in doubting you even if you did not provide proof...
1479  Economy / Gambling discussion / Re: What do you think about this? on: March 27, 2023, 05:26:35 PM
When some people ask questions about gambling, such as "Can someone can make a living through gambling? I don't like to engage in such conversations because those who doubt that gambling can change someone's life are usually those who have gambled and failed multiple times or those who don't really know gambling strategies.

Recently, a Uganda pastor who won 100million shillings decided to shut down his ministry. This left me with several questions in my head, such as ' Do religious leaders gamble? Is it right for religious leaders to gamble? Knowing fully well that most of them preach against gambling in their religious places. What is the ethical and moral implications of gambling, particularly in the context of religious practices and beliefs?

News source:
https://www.reubenabati.com.ng/news/pastor-shuts-down-church-after-winning-n100m-sports-bet

I do not know if there is any religion which would condone gambling but as far as I know, they all are against gambling one way or another. Gambling is also punished more or less severely, depending on the person's religion. So any religious leader who gambles or condones gambling is probably not a real religious leader but rather a cultist or, more likely, a scam artist.

Obviously there needs to be more investigations into such people but in countries which are poor and corrupt, there is little to no chance of such an investigation being launched against them. Hence, they continue scamming until they scam the wrong people and then the people take justice into their own hands...
1480  Bitcoin / Bitcoin Discussion / Re: How many crypto wallets do you own? on: March 27, 2023, 03:01:59 PM
Everytime I see topics like these that ask for personal information on finances or person data, I get a bit weirded out.

I do not think that its a good idea to give away information like this. Just the other week some guy was asking about how much Bitcoin everyone has. Combine that data with the amount of wallets information OP is asking and perhaps a few more replies on some other topics and you can start connecting the dots which trace back to you.

This is dangerous, especially since there are a lot of scammers around, hoping to trick you somehow into handing over your money to them....

They may even dox/threaten you.

People need to be more self aware on these forums. Undecided
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