I'd guess it's 50/50 casino play and 95% men for sports.
Do you think we have up to 50% of women involved in gambling? Because women have this sentimental judgment on risk and gambling games involve a lot risksisk that may kill women's motivations even though there are already records of positive women's involvement in gambling, it still has not reached up to 50% since statistic still shows low women participation in gambling compared to the male forks you are actively and heavily involved in gambling. I don't know what statistics you have been looking at but tables have turned, As most people i've seen in slot machines have been women i had to look up some articles to confirm my suspicion. And turns out that there are several different studies that vary depending where you are in the world, but the common theme is that most of (at least in US) most casino revenue is generated from female slot players. As slot machines bring most of the casino revenue. I haven't encountered any more sentimental judgement that you mentioned from women more then from men. And that judgement that i've seen has been justified as that's for their husbands gambling their family money. |
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4. avoid playing slots from Pragmatic and Gamomat as they tend to have low payout percentages and are not as likely to result in big wins.
What would you recommend? I have been playing games from pragmatic play with 98% RTP and won my biggest wins on them. I wouldn't chase those insanely big multipliers anyway as they are once in a lifetime changes. IMO in this case I don't think it's about the existing RTP problem because indeed sometimes what we can't win someone else can do it. We of course realize this just comes back to a matter of luck regardless of advice or not doing it at an RTP I don't think it will be very useful for everyone. We have our own perspective for that and confidence for ourselves to play wherever we like and not to play with an RTP that we don't like but that won't affect other people because everyone has their own luck. It would be better if we really returned to the context of fun at any RTP we play, of course it's good if we feel comfortable and happy to be there. I was hoping that someone would name actual alternative games or game providers better than pragmatic play. But i am not sure if i should stare at RTP or not. I just tried something with highest RTP long time and just kept losing. Maybe it was my bad luck or maybe i am missing some obvious point about RTP, like the fact that i should just play longer in order to probability kick in. Least if i understood correctly my changes at least would be higher with high RTP. |
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Get someone good at technical analysis if you really want a more realistic prediction but that's kinda rare to find now and you'll probably have to pay the exceptional ones. There are things you could do on a fundamental level like checking out the platform and the community. Find out if there are still active gamers there or if the team has enough fund for rewards to keep these players. A happy or an optimistic community is usually a good sign. Put more effort digging these information and you'll have a better idea where the project is going.
Pure technical analysis doesn't do much if issuance rate is too high or has some messed up distribution model. Like i don't have any idea what Gala's dynamic distribution model is but from what OP said they added a lot of tokens lately. That can mess up any charts, like releasing all bounty hunters tokens, advisor, or developer tokens in a short time. There's no liquidity that could handle too much free tokens. No one wants to be a market maker when you know your limit orders are being eaten in a second while there's no bottom in sight. |
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Is it right to call a project shit coin when it's been released in a bear market and the value keeps going down, isn't it expected to go down because it was released in a bear market?
Shitcoin is a made up term and you can use it as you wish. People have been trying to find official definition for it, even investopedia has a definition page for it. But it's still vague term based on opinions. Some people call all altcoins shitcoins, some only meme coins and low caps, some coins that are performing poorly in the markets even though their development is on fire and fundamentals gold. I say that shitcoin is any coin/token that's isn't bringing any value or anything unique to cryptocurrency scene. The token that only exist because devs wanted to make money. It has nothing to do with charts or marketcap to me But then again "bringing no value" is pretty harsh and vague statement. I can see meme coins bringing people joy and visibility to cryptos so even those are bringing something to the table. |
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That is how this stream industry operates, they cut the payment from other streamers and fund the popular names to bring more users on the new platform.
Eddie is also the founder of the Kick and he will do everything to keep Kick operational, IMO.
They don't want to fix the server issue for some reason.
Are you assuming that they do that or do you have some sort of proof to back it up? Kick is brand new and i haven't seen such claims about it. Only the fact that they pay 95% of revenue to streamers while twitch pays 50% Which makes me think that twitch can't survive this without adjusting their numbers. That would totally crash their future projections and i doubt they can afford it. But amout that money, streaming and gambling industry is insanely big industries. They can afford things that seem unreal to normal people. |
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Is it possible for a casino to go bankrupt because a player gets a very big win?
I think maybe that's hard to happen if we look at casinos that are already big and well known. But suppose there is a new casino, and there are some players who are very good at playing, so they can win continuously, can the casino go bankrupt? or do they already have an algorithm or a way so players can't keep winning?
Obviously, that's where the phrase "break the bank" comes from. I haven't seen it happen but it has happened. Casinos won't close because of that but their value might drop. In last decade someone won $6 Million in Atlantic City, and casino refused to take any more winner's bets. (which is understandable). I am certain that these days casinos are prepared for higher winnings and are insured for that kind of abnormal winning streaks. But i think it's even possible only in physical tables. |
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Currently, FTN as a token is not actively utilized across vbetFTN. However, we have a lot of plans to make it usable within the products we work on. However, separated from the casino it does have its own eco-system, and utilities, such as staking, exchange platform, and many more.
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But why are you focusing on ftn anyway? It's relatively unknown and traded in small exchanges. And their own exchange isn't yet even listed in coinmarketcap. Are you somehow affiliated with the dev team? I would find that weird as this isn't even mentioned in their web page. There's nothing wrong by promoting a token that you like but doing it on this level without it having any edge by doing so seems odd. Their homepage only states that they are researching decentralized sports platform but nothing about centralized casino like this. |
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Considering what SEC is doing it might be true
What SEC has to do with it? They haven't stated that BTC is a security, and anything else is outside of their jurisdiction. Also this statement of DeSantis is just an example how he doesn't grasp decentralization. They can kill CEXes for sure but why would they to do when they can just tax them? Calling something a security doesn''t kill exchanges, it just makes exchanges different. And if he is going for the POW taking too much polluting energy point of view, they can just enforce moving from fossile fuels and coal. During an energy crisis they can prioritize the energy use. Killing bitcoin doesn't solve enviromental issues or energy crisis so the arguments against it are coming from people who see bitcoin as pointless. And that's really just matter of opinion. |
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I of course am extremely sorry for any loss of life but I was a bit surprised and I did not know what reaction to have at this saying being all over social media from a lot of religious people of many different religions and it made me think a lot,it put me truly in deep thinking and I kinda had a spark in my heart as how lucky we are to be still alive.
"The events happening with the billionaires and submarine lately is a powerful reminder to all of us that if God has decreed for you that you will die in the end of the ocean you will rent a submarine to arrive in time"
This phrase made truly think deeply as I said and I become numb every time I read it for a few moments.
I frankly don't think it's about being a billionaire. It's a curiosity, similar to the story where 12 boys trapped in a Thai cave. It's a story that sparks curiosity and interest the readers/viewers. hundreds refugees drowning and victims of war drowning is just too sad and out of our spectrum what we can understand and feel. That's why press loves to cover personal tragedies. Humans want to connect but also they want to avoid picturing something totally horrifying out of their emphatic capability. That's why people wants to read about war or tragedies from point of personal experiences. When enough people get killed, you don't really get that personal experience covering anything. |
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If you have a capital of 1 million dollars and then bet $ 100 per roll of the dice, maybe you can get a daily profit of $ 100 and use the martingale strategy, but with the risk of losing everything, but with the condition that when you win $ 100 in the first round you have to stop. I think that's what makes it hard to stop playing when you win $ 100, it turns out that there is a feeling of dissatisfaction, then playing again, trying again, who knows, you win another $ 100, you lose, then try again, keep rolling the dice, losing in a row, and the $ 1 million dollar capital is gone because chasing that loss, this is not just talking about getting a profit of $ 100 per day but how to overcome greed in yourself then control the game to know when to stop when you have reached your daily profit target. in fact it is difficult  You would eventually lose it, that's a high mathematical possibility, but if you had $1 Million, why would you need to gamble and spend your time for gambling for pesky $100/day in the first place, when you could do probably way more by putting it to real estate or stock market and not lose it all in one bad day of gambling. Gambling for fun and excitement is a very different world then these fantasies that are based in gambler's fallacy. If you want steady income, why would someone consider gambling is a good or safe way for it? |
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I never been become pessimistic about the economy since I never depend on the government for my living.
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I don't think you are grasping how much you are depending on government and how much it affects your living even if you are not living with welfare. Depending where you live governments are the reason why you have for example working transportation, water, energy, education, healthcare, cultural, defence, security and safety and communication infrastructures in place. And i am sure i forgot many others. Government is a complex system and many of us don't seem to appreciate what they get from it until it's taken away. |
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Countries in plural but just one country like Indonesia? I mean it's good news for trading it but support of one lower middle income country doesn't really cut it, nor i see it affecting the bullrun, as the altcoin bullrun could happen either way. Charts are already showing some support for it. Fundamentals are scary but ada isn't delisted from anywhere yet and court cases could take years with cexes like binance. They are not going to be able just going to shut it down. All exchanges trading ADA and other altcoins defined as securities are still following a lot of regulations and one issue isn't enough for shutting them down. |
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But do you know that if the lottery is not rigged and is transparent, sometimes a person with only one or two tickets can end up winning while the whales who bought a lot of tickets remain empty handed.
The reason for this is only luck. With more tickets you only increase your probability of winning a lottery but there is no condition that if you hold more tickets you will win more. Some people only buy more tickets thinking the one with more tickets will definitely win, but this not the case.
They are pretty transparent about their audits and big ones are more then heavily regulated. Shady ones obviously can be anything but i think the idea about rigged lotteries comes from the fact that it's so rare to win the jackpot that no one knows or even sees anyone winning it. And it's hard to believe something you can't see in your own eyes. Just go any of the sites and they will be open about their audits and transparency. If they are not they are crazy not to do that. You can also check organizations keeping gambling in check and laws of the area lottery you are playing is on. |
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There is obviously a very big difference between a celebrity and an influencer, not every casino or gambling platform can afford to become partners with celebrities whether they are from sports industry or film industry or music industry, because a partnership with one of these celebrities would cost the casino way higher than having multiple influencers promote their services but the impact of all of them combined won't be enough to compete with one of the celebrity's.
Even among influencers, those who have a lot of followers and people watch them very often and they have a lot of views and interactions on their videos and live streams tend to charge more money for promotions than those influencers who are relatively new and has less followers or even if they have many followers but they don't get enough views and interactions.
I don't see so much difference with them. Some influencers are small celebrities or big celebrities and some high ranked celebrities do influence with everything they do no matter if they wanted to influence or not. Just what they are wearing is a statement of trend to some people. I see people calling themselves influencers just as low status celebrities, but i do underestimate them often. As internet celebrities/influencers aren't working on traditional media, they often get overlooked even though they could have more followers then traditional hollywood or sports celebrities. |
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- The economy is not going to crash into a recession
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Recession is part of the business cycle. Economic crises will happen from time to time because it just can't be "up only" economy isn't sustainable. And there is plenty of fud in the world that's never going to actualize, and it never runs out. Only you can decide how are you reacting to it. You can keep worrying but does that really help you? I don't see myself as too pessimistic even though i am often most pessimistic man in the room. I see myself as realistic who still enjoys life even though i can see the fragility of it. |
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Such a fight is senseless, there are people who love these kind of things happening around. Those two are at a better position and they've got more other ways to prove one is better over the other. Even this kind of fights can risk life, because the body is combined of different sensitive parts which could not function in no time. We people should avoid encouraging these kind of acts with the popular ones as well as within us.
Why? And why are you worried about popular ones? I totally would be for this if would be for charity. People have been doing crazier things, and it's not like either of them would manage to really hurt each other. And let's face it, people would pay top dollar to to see either one's asses kicked. If it happens it's most likely in good spirit and referee would be overly cautious. But changes are that Elon's mum doesn't allow him to fight anyway. But it seems that you can already bet in polymarket if this fight is announced before July 1 or not. |
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Good tactic if you want to invest safely and comfortable,
because big marketcap is hard to dump without bad news and of course you can't expect up to 2x pump in the short term either,
but if you want to have more profit then you have to be brave enough to invest in low cap projects .
Safety and comfortable are highly relative terms. It tells a lot about cryptocurrencies that those terms would never apply to any crypto for someone coming from traditional markets. And i don't think that their ex trad market peers are considering them "brave", going in high cap cryptos, but reckless. Or at least it used to be so. Maybe cryptos are now more socially acceptable, but they are still gererally considered as dangerous investment. Which makes me think what they would call someone investing into microcaps or nfts. |
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I also think 60K is more realistic. But come on, that was already in 2021 as Dr.BitcoinStrange says.
This year should be more if everything is correct.
But would it stop there or keep on growing next year? Because double top M formation with peaks on 60k would look really bad technically speaking, like end of crypto type bad. I don't think 100k is impossible but i rather not see that happening this year. Slow growth would suit better for me. Also i am afraid what kind of mayhem it would mean for alts and total marketcap. Everything would probably moon like there's no tomorrow. But i feel like alts need a new trend to boom, like metaverse, nfts, AI and such. But in a more meaningful level, not just a hype word. |
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Right. FOMO only lasts a few days if the momentum doesn't continue.
During Feb/March 2020, many whales bought a significant amount of BTC around $20k. A pump to allow them to liquidate makes sense. Giving retail FOMO so that they buy at these prices, and hurt them later, also makes sense.
However, sometimes what we expect does not happen. It's possible that this is the start of the bull run and now we all miss out because of disbelief.
I think it could be disbelief as well. But what it's worth i am not in a financial position to enter markets now, so gladly i don't have to make the decision to enter. Otherwise i think i would be fomoing in now but i am not that sure that i would take a loan for it. Times are just too hard right now to risk anything. I am guessing this is the place in the time and chart where whales are being made. And i am totally missing out because of fear. I need more stability to my income before i start to enter again. |
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Bitcoin price is on it again after a few drop in price at around 25-26k, but hitting the price value of 30k again as it did sometime April this year. What I describe as a gleams of the prospective light at the end of the tunnel of the year 2023.
What are your thoughts on this spontaneous rise again in the price of BTC hitting 30k twice just within the first quarter of 2023. Do you you think it's going to plummet again or do better above 40k? Or is just one of a tempting rise to fall again even below the 25k-26k it did for the past weeks after hitting 30-31k around the month of April?
Please share your thoughts about this.
Ambivalent feelings. When we have been given bad news for 2 years escalating to charges against Coinbase and CZ, it's more than hard to trust again on any kind pump. FUD is still there, people are now just ignoring it. And i find it weird that people seem to still buy everything even though threat to altcoins and binance seems real and bad. But i guess i shouldn't try to find reason from the markets. Only reason it needs is that when it pumps it pumps more just because of confidence. |
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