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1481  Economy / Gambling discussion / Re: [Survey] Do you still play or stop the game? on: October 18, 2022, 06:04:15 AM
This is really the typical scenario in gambling. Many people do not know how, when, and where to establish their boundaries. Some fail because they got too caught up with the satisfaction it brings to them. Some enjoy so much to the point that they no longer budget their funds and just spend continuously because it gives them the thrill and joy. While some fail to limit themselves because of the enticing winnings and profit they can get if they continue playing. It depends on what type of gambler you are and what keeps you betting. But both have the same fate because of impulsive betting - losing.

A lot of people are careless and perhaps naive. Most people are controlled by their emotions which is why there are many situations that can be prevented, but happened anyway such as being addicted in gambling and losing money. If only people are educted enough about financial literacy, gambling too much won't be in his vocabulary. Going beyond your allocated budget for gambling just because you won big time during the initial stage won't really be an enough excuse to gamble more. The potential winning won't really be worth it of the uncertainty especially if you already spent your chances and money intended for gambling.

People like you easily fall on the trap of continuous cycle of gambling despite its repercussions because you are being blinded by the profit that isn't guaranteed. Blinded by the happiness it might bring despite the possible bad effects of gambling to your financial aspect and overall well-being. Remember, anything too much is dangerous. You shouldn't indulge in gambling because it is risky and addicting. You should only bet what you can afford to lose and learn when to continue and stop for your own good.
1482  Economy / Gambling discussion / Re: Gambling, tourism and legal gambling age for gamblers around the world. on: October 17, 2022, 01:13:04 PM

And suppose Las Vegas is your vacation destination. In that case, you can just visit the casino and play there to feel a different atmosphere from playing online gambling. Of course, you will meet various people who like gambling. But you have to remember that you are on vacation and if you don't bring a lot of money while on vacation, it's better not to try playing at an offline casino because you can forget to manage your expenses. But if you just want to know the difference between gambling in Las Vegas and your place, maybe it can be done responsibly.

Gambling online and at physical casinos will really give the gambler different feelings and experience. The ambiance and the vibe of playing online is far different than playing in actual. For those introvert gamblers, they prefer to be inside the comfort of their homes instead of actually interacting with people so playing online in gambling website could help them focus and enjoy more. Meanwhile, for those extroverts and those people who prefer the feeling and ambiance of a casino vibe, Las Vegas casino spots might be their thing to try on because of the looks of the place and the machines and the interaction between gamblers as well.

As a tourist, you must really be responsible for the money you'll spend because you are in a place unfamiliar with. If ever you run out of cash, you can't just go home and get some. Remember, the process of exchanging money is a hassle too, so if you will spend all of your pocket money in gambling, it will probably cause you trouble. Hence, you should establish boundary beforehand if you plan to try and play inside an actual casino establishment.
1483  Economy / Economics / Re: MONEY IS THE MOTIVATING FACTOR, what do you think? on: October 15, 2022, 12:36:57 PM
Money is indeed a motivation, I mean, I would be motivated if the salary is good with a healthy workplace of course, if it's toxic then money isn't motivating at all if that's the case. Worshipping money is bad, working for money too, that's why money should work for you. What I mean is you have to work smarter, not harder. Nobody works 8 hours a day that became a millionaire while sticking to his comfort zone.
1484  Economy / Economics / Re: Running a successful business in most developing countries on: October 15, 2022, 09:58:35 AM

👉Let your Product Be Pocket Friendly
I understand the end goal for every business is profit, but you should avoid prices that tend to chase your customers away. As a start-up, your first assignment is to drive traffic to your business and store. And to achieve this, you might have to sideline making so much profit at the start of the business. After gaining your customers’ trust and loyalty, you might consider adding up to the price that won’t look outrageous to your clients or customers.


What do you mean by pocket friendly? If you are making any product that will be used in mass then it will be low in price but the main points here will be in how low you can deliver your product to your customers. This should be equal to or lower than your competitor companies.

If your product will be used for some specific purpose then the price will not matter if you can maintain a high-quality product. There is some product that we use occasionally. For those products, people typically try to find a better quality product at the lowest price available. If your product is far better than your competitors but high in price people will still buy your product.

I definitely agree.

There's no expensive product to the right customer, if they say it's expensive, it is because it doesn't have any value to them or they don't see the worth of the product. But it varies I think, like if it's in a food industry, as much as possible you need to make it affordable since food is one of our needs, but if it's in the technology industry like laptops, smartphones, of course the higher the price the high quality you could get.
1485  Economy / Trading Discussion / Re: Payed trading person to follow on: October 15, 2022, 06:51:22 AM
Why not just try reputable platform that has option to let you copy traders that are making good profits. If I'm not mistaken, E-toro offers copy trading, that's much better I think rather than looking for someone who could provide you the same thing but will just probably scam you. People like that are in telegram and discord, trust me, it's not worth the money. If you're dedicated really in trading, I suggest self study instead of relying on someone you don't really know.
1486  Economy / Trading Discussion / Re: Exchange with time limit from orders on: October 15, 2022, 04:39:50 AM
Are there any exchanges that have a feature on their orders about putting a limit on how long the order will stay?

Example:
Like let's say, you put in a buy limit order with the following price, and you want if this order will not be triggered for a given date or time, the order will be canceled.

Thanks!

I've never encountered such exchange. I mean what's the catch of such feature? I think it doesn't benefit any of both parties, because let's say you've made an order, you won't need anything but to wait especially in this kind of market, hassle free and the time you'll open up the account on that certain exchange, maybe it's been sold already and you made a profit.
1487  Economy / Trading Discussion / Re: My exorbitant lessons in last bull market on: October 14, 2022, 01:20:46 PM
$100,000 per BTC is possible, but no one knows when, or is it really gonna happen in the future. Now, if you bought at $50,000 because you thought it's gonna go straight at $100,000, then you have a long way to go before you could sell your Bitcoin to make profits. It's still better than holding shitcoins, because there's no profit in the long run to the tokens that are not even being taken care of its dev.
1488  Bitcoin / Bitcoin Discussion / Re: Bitcoin vs Altcoins? on: October 14, 2022, 09:55:36 AM
I'd go to Bitcoin as always if you wanted a sure profit in the long run. Altcoins that can give you profits in the long run is very very hard to find, most of them are just shitcoins, if you want to be a bag holder of those things, it is your choice. Based on my experience, no matter how good their goals are, in the end, they are the winners and investors are left hanging with their broken promises.

Bitcoin is a sleeping giant when the market is bearish, but you could assure yourself that when the bull market comes, you'll see a great return.
1489  Economy / Speculation / Re: Bitcoin Bull Market, Is it going to come soon or Will People have to Wait More.. on: October 14, 2022, 05:29:44 AM
I bet this is your first time to experience bearish market for asking when will the bull market will come, correct me if I'm wrong though. Like the usual, Bitcoin market (bearish) will be over when the time comes, bull market will make people go crazy again, beating the past All Time High. So yes, bitcoin bull market will be happening again but there's no accurate date or time of it, no one can predict it 100% accurate.
1490  Economy / Economics / Re: Global recession alarm, safe money on: October 13, 2022, 10:07:12 PM
This condition is caused by the COVID-19 pandemic
COVID-19 by this time? That should be in the past. But your question is still valid because fiat value always depreciate in long term.

Diversify.

Buy land, gold, bitcoin and other valuable assets you know that their worth will keep appreciating in long term. Also go for lucrative businesses in your area.

Buying land here in our place is a very deadly move, but yes, I agree that it is a good investment in long term as well as Bitcoin. What I mean by deadly is because people here are starting to get interest on claiming land that's not even theirs because of poverty I guess or they just love easy money. You'll get killed if you'll fight for your land here in our place, that's why I delisted it in my investment list.

Bitcoin is the safest I guess, just in case world war 3 would happen (let's hope not), and cash it out as much as you can because if I'm not mistaken, fiat is the most important thing to have when that happens.
1491  Economy / Economics / Re: Competition in business on: October 13, 2022, 08:47:14 PM
I think competition in businesses can't be avoided, the only things that will matter in the long run is the quality of the product and the affordability of it. People don't want expensive products, if it's not worth the money, that's why there are other companies that provides affordable version of the original while maintaining most of its materials as much as possible.

Also, you need to make a very unique business, where you're the only one in the market that could satisfy customers needs to be able to make a good sale with a very good product and very good price.
1492  Economy / Gambling discussion / Re: Gambling - Do you have winning limits???? on: October 13, 2022, 03:44:34 PM
It will be hard for you if you will set a certain quota of winning before you stop playing. Winning limit is tricky and risky. A much appropriate will be setting betting limitations for yourself regardless of the percentage of losses and winnings. That way, you will not lose track because you have set the general boundary for you to stop playing the moment you hit the last penny on your budget allocation for gambling.

Chasing winnings is a trap. Most people who get beginner's luck tend to be enticed to play more and more because they got lucky in their first try. While it is encouraging to play more to win more, it will do no good especially if you will just impulsively do it out of your emotions. Deciding to play more after winnings is the best way to lose money. You won't even notice that you are shedding out money so much until there is nothing left of you to spend because of the mentality that you will win in your next bet.

Doing proper risk assessment and management is necessary in order to maintain your sanity in gambling. It is also needed to monitor your financial aspect. People should gamble responsibly. Do not be fooled by the figures other people get and do not be carried away by the winnings to avoid regret.
1493  Economy / Gambling discussion / Re: Gambling and Reputation on: October 13, 2022, 02:47:16 PM
Is it only in my country, that the world gambler has a bad reputational context, or it applies to your country also? I mean when people are discussing someone other, if one of them say that other person is a gambler or likes to gamble, it automatically means that this person is unreliable, bad and etc. Gambling associates with negative. I remember when I was discussing with my colleagues, that our other colleague is getting married, and when someone mentioned that her future husband likes to play slots, other colleague (woman in age) rolled her eyes out showing that she would not be happy in marriage with such a husband.
I think maybe this applies also to other countries and my country is also like that because gamblers are always considered bad and it is certain that when they say gambling, a bad stigma always afflicts that person because even though gambling is rampant everywhere but in some countries it is still like this is still taboo and is done secretly, including what I am doing now because the stigma will change when we openly mention that we are gamblers.

But indeed for countries that are open to gambling even though this is still bad, they are more open to gamblers like them.

The stigma and discrimination among gamblers will not really die as long as there are people who are close-minded.

The negative attributes always come to mind every time people are known to be gamblers. Irresponsible, undisciplined, lazy, happy-go-lucky, and being an addict are the things people associate the moment they knew someone is gambling. This is the reason why most of the gamblers prefer to stay lowkey to avoid unnecessary public attention that could damage their reputation and destroy their peace of mind.

If you know it to yourself that you are none of those things they mentioned, keep minding your business. But if you happen to have the characteristic that they keep on saying, you might want to humble yourself down and have self-assessment to reflect. Because it's possible that they are calling you out to be a better version of yourself. Sometimes, we unconsciously lose track of our priorities and that keeps us from accomplishing what's necessary in the first place such as fulfilling our obligations and our goals due to gambling.
1494  Economy / Gambling discussion / Re: Bangladesh has blocked 331 online casinos on: October 12, 2022, 10:16:00 AM
The politicians are the real money launderers who does things to their self gain and benefits.
Block and banning casinos is not the best options and it should be among things to generate revenue to the country, maybe could be the gambling site is not regulated by your country and possibly not paying task maybe. Instead of doing that, they would have came in compliance where those gambling sites could have started paying task to further developed the country through those revenues.
Suggestion: Don't you think using a VPN will help you have access to the site?
Unlike our country when the government ban us from having access to twitter there where means of gaining access which many were using vpn.

Politicians do not really understand how helpful the casino's tax generated is to the economy. Which is why there are a lot of politicians that nonchalantly ban it and declare illegal. Although I get their viewpoint that it is just to prevent gambling addiction, but aren't physical casinos also addicting? It just doesn't add up.

Politicians are very much keen into what might bring them money and power. Most politicians are corrupt that is why most of their constituents do not really like them. They often do more for themselves than for the country which is really saddening. Some are even close-minded and do not know how to manage things and therefore just decides to shut it down before chaos arise out of it.

If the government will continue to be strict, eventually the people will find ways to satisfy their wants illegally. With that being said, some resort to using VPN. The usage of VPN works for some and does not on others because of strictly imposed policies. Using VPN could mean harm as well especially if the country you are in has really strict policy about banning gambling sites. If ever you will get caught, you might pay a fine and even receive a punishment depending on your number of offense perhaps. In addition, most casinos do not really allow the use of it on their website due to security concerns, so you better read the TOS first before making an action. Otherwise, your account might get suspended or permanently banned without further notice, making your funds in the account useless.
1495  Economy / Gambling discussion / Re: Gambling Distortion Pattern on: October 12, 2022, 08:23:44 AM
This is a good insight.

Distinguishing the pattern that most of the gamblers went through can really help them to assess themselves and perhaps improve themselves as well, for their development and betterment. Knowing that there's pattern and actually seeing that you belong to one of them could make you reflect and ask yourself why do you even go looping and looping even if it brings you no good? It could help you be better and do better in playing and in setting limitations for yourself that you will follow.

I've seen many people fall victim in number 3 , wherein they hit big and then it triggered them to bet more and more, thinking they would keep on winning. Little they did know that they lose more often without them actually noticing because they are engrossed with winning the jackpot again. This kind of scenario is common and a lot of people are trapped in this habit of repeatedly betting without thinking the consequences because they just focus on the thought that they will eventually win again and get back all of their losses in a snap.

It's a hard habit to break because some people became dependent on gambling already and it became a routine and fixated in the mind already. They have to gradually withdraw so that they won't experience relapse, and have proper guidance, self-limitation, and treatment if needed.
1496  Economy / Gambling discussion / Re: Will You Support Casino Operated By The Bitcointalk Members on: October 12, 2022, 07:37:14 AM
I would gladly support a fellow bitcointalk member/s if he/they will put up a casino. But of course, that member/s must have a good reputation first and has a great background about gambling and it's processes. Assuming that they have the right qualities to run a casino based on their credentials, I would be at ease to try their project if made possible. Since they are already here in the forum for quite some time now, surely they know almost every concerns that a player has to their casino site. Which means they can improve those areas and won't do the same mistakes of other sites.

Regarding them promoting casinos in the past, I don't think it could be a conflict. I think it shouldn't matter at all in a negative aspect. We are all a certain someone before we reach who we are today. Them putting up their own casino just means they are inspired and motivated to do better and so they decided to become better by establishing their own casino that before, they are just promoting.
1497  Economy / Gambling discussion / Re: Why 95% online Gambling websites are Scam? on: October 12, 2022, 07:06:58 AM
It's up to the player if he will be victimized by the scammed gambling websites because you can't really eliminate and control the legitimate and fake websites from spreading. Some gambling website started as legit, but ended up scamming their players later on. While some websites are consistent legitimate from the start up to date. It's a matter of being wise in background checking here in forum and in other sites to gather information if a casino has a reputable and trusted history or not.

If you are a type of player that is naive and impulsive, you will be most likely victimized by the gambling casinos that are pretending to be legitimate and worthy. With this being said, it is really essential for us to take action before deciding to go with something. Before trusting and officially entering the gambling site as a player, we must gather proofs such as unbiased reviews supporting that that certain casino will be worth the penny and won't be a trouble for us. Knowing if the casino has a good customer service should be one of the list. Other features you prefer in a casino must be listed too to avoid regrets in the future.
1498  Economy / Gambling discussion / Re: Parents And Their Children In Gambling.. on: October 12, 2022, 06:11:41 AM
I am having plan to just hide it from children and yet let them know what is gambling addiction and how to avoid it.

Sorry to say this letting them know about it is just as giving them an information that was not in their mind before more of less rekindling the effects of gambling in them. Well your wife could be free to know and as a man your sources of income, way of living should be let known to your wife depending on how understandable your wife seems to be, back to your children. Its a good thing they don't have the idea at their little stage maybe can be controlled at their maturity stage maybe from 19 years up because at this stage they now knew the risk involve while gambling and can mentally and physically controlled it.
That's a wrong perception, it is always good to keep them prepared than making them right after experiencing hard days. What have been said is right, everything needs to be transparent within the family members, but there is an age limit to educate on certain things. This is good, but the present generation can't be handled in such a way.

Recently in my country a small kid playing some game using his parents smartphone have used $10000+ to purchase equipment and other accessories in the game using the parents credit card. What can be done, if we've taught about this earlier this could've been avoided. Rather than age factor I find it is the way how we explain to them.

I find it futile if we are going to educate them the moment they already made wrong decisions. Prevention is better than cure. We must educate our children about something that might do harm to them. It is always better for them to learn those things at home with right information and proper guidance imparted to them rather than learning about it on their own exploration and by being pressured by their peers. We can educate them and make them aware about the things that can affect their whole being the time they reach the right age.

Children are becoming much smarter these days. The new generation can easily learn and adapt from what is introduced to them and what they see from their surroundings. Therefore, we must really do our best to make them aware about the pros and cons of something in general, not only in gambling. Children who are ages 5-7 years old already knew what is wrong from what is right. You can slowly teach them about the do's in don'ts in simple analogy and logic. The moment they reach ages 9 till teenage years, their minds are mature enough to handle the information about sexual health, reproductive, gambling, and the likes.

We can gradually transition our ways of teaching them as they age and become more mature, if that is what you are worried about. Kids develop their critical thinking skills if they are taught and guided properly by their parents or guardians. It is not an excuse to make them ignorant about something so they won't indulge in it. Because trust me, the moment their curiosity kicks in and take over them, there's a high possibility they will be lost if they don't know the repercussions it might cause them for doing it.
1499  Economy / Gambling / Re: Twitch is going to ban most crypto gambling streamers. Where will Drake go now? on: October 12, 2022, 05:30:39 AM
Youtube is worst than Twitch, so I don't think there's another good platform for Drake except Twitch since the other platforms doesn't popular.

Why is YouTube worse than twitch? They have massive global market share, just not in livestreaming. Their political censorship is overboard but I understand wanting to waive liability from the tech censorship overlords by banning discussion of contentious political topics. Gambling isn't as taboo so it seems like they allow gambling content to be published.

Youtube may block gambling content in countries where gambling is ban.  That is the censorship youtube will do on gambling channels.  Youtube is playing safe when they remove or banned videos that have political views.  They just don't want to have problems with the authority and wanted to make their operation smooth by banning and deleting videos that can offend or attack any political parties.  Aside from that, Youtube is a good platform and maybe a good alternative for gambling streamers now that twitch is banning these gambling streamers.

Though we also don't know what will happen if regulators started to pressure youtube to ban gambling streamers since it is highly possible to happen too.


This is a difficult time for most streamers and there is not still a better place for them to go and relax doing what they love doing which do enlighten gamblers on the latest. Some people are still seeing YouTube as an alternative for streamers which could look welcoming but not the best with the way I am looking at it.
YouTube is monetising there platform to make more money and they will be ready to ban and thing whether video or any that can make government to take a look at there activities which can lead to heavy sanctions. YouTube will not give streamers a better and complete view.

So far, YouTube is really leading in preferred alternatives for gambling streamers and content creator to run to if ever Twitch will really ban those kinds of content. However, like what you said, YouTube is not really ideal in terms of catering these players and streamers because as time goes by, they also limit the type of content of what you are can upload. This makes it inconvenient and hassle on the part of the streamers and creators as well.

I agree that YouTube really maximizes their monetization and we can't really blame them since they are also a business. However, to the extent of suspension and banning of accounts and categories to be uploaded and streamed the moment they deem it necessary will just bring the same chaos to the streaming community particularly with the subject of gambling, just like whats happening now. The only difference is that it is delayed in nature since there's a only a few who decided to make the jump yet. In addition, YouTube is densely populated with minors, so it could lead to more serious problems if the age restriction won't be followed strictly.
1500  Economy / Gambling discussion / Re: My worst day in gambling on: October 12, 2022, 04:43:07 AM

That's too much addiction when you're the one who gambled and then got into debt trap and your parents are the ones that shall pay for those debts.

If you can't handle the heat and pressure, it's better to not gamble at all and don't be a burden to anyone even if to your parents.

That shows how responsible you are as a gambler and as well as a son/daughter.

There is something that must be understood for us gambling connoisseurs, so that they avoid addictive behaviors.  lack of understanding and sense of responsibility is one of the factors that causes addiction.
Behaviors like this are rarely realized by betting enthusiasts, it is important to understand that gambling is a very entertaining pleasure and not a place to seek profit alone.
Gambling games can be the simplest place for us to do on the sidelines of busyness after busy activities, without having to travel far to find entertainment.
Online casinos are currently present in the midst of the world community, and we can enjoy them with money that is ready to lose.  nothing more, then that person will be spared from bad effects.

Losing money that you are willing to spend for your entertainment exceeding to that will cause you something that
will put you are a risk in terms of finances.

Unaware of many possible effects of being addicted, regret is really something that a gambler will realize after. Maybe
some are learning things the hard way, but for some they are basing it from the experience of others, maybe not many
but there are good gamblers who know how to control they are capable of enjoying and earn from the kind of vices.

This is on point.

If you won't follow your set boundaries, you will surely suffer the consequences later on. The moment you knew that limiting yourself to a healthy extent will do good to you, then you should stick to it. Otherwise, the restrictions you set for your own good will all just be put into waste if you won't abide it. The repercussions include spending beyond you allocated fund for gambling and therefore compromising your financial aspect which could lead to serious problems. It can also cause you to be addicted especially if prolonged playing and betting will be your habit that is a serious condition that needs help from the professionals. Since addiction requires medication and proper treatment, your life routine will definitely be affected.

Now, if you don't want to regret anything later on, then you should learn to refrain from going beyond your limits and just be a responsible gambler for your own sake and for the people surrounding you as well.
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