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1781  Economy / Trading Discussion / Re: Is it possible to calculate how much the price of BTC? on: October 07, 2022, 10:55:47 PM
Mathematics fails where Bitcoin is. Because you can't do that even a supercomputer can't calculate at all. It's like we can't forecast our future, Bitcoin price totally depends on supply and demand. We don't know if big investors leave Bitcoin near future which would dump or we don't know if we will get new big investors which would pump a couple of x Bitcoin prices. So forget about price calculation. If you are a risk taker then accumulate.
Bitcoin will never be certain, as it may be bearish today but the next day it will start to be bullish, so no one gets to calculate its price right. And there may be big news in the future that will bring big changes in the market positively, or the other way around, bitcoin will always have negative news coming in that will make its price to fall even more. So everything is very unpredictable with bitcoin, even if you see yourself as an expert to it, you would still fail how to predict its market price movement and its future price 5-10 years from now.
1782  Other / Beginners & Help / Re: A lesson I learnt the hardest way ( rigorously for newbies ) on: October 07, 2022, 10:38:36 PM
There is 95% possibilities that you won't end up with your first love, it happened to me and I am sure it has happened to millions of people out there ( thinking no one will ever be like her) we always fell in love with our first loves but we ended up with another.

The fact is we had no experience at a very young age, we haven't been with two or more people ( can't tell the difference) before deciding to settle down with one, this is the same case with crypto investment.

As a crypto newbie the first time you invest in crypto coins it's easy to build this type of commitment with your coins ( hard to let go ) and that's when you will be seeing Hodl Hodl Hodl news and advices here and there.

The point of my post is never ever get married to your coins, I have made this mistake as a newbie in my past years and I have learnt that there are many differences between a project and another.

Invest only what you can afford to lose.

Be willing to switch to another coin if your present one goes silent, no update or no constant development, no crime in this.

Lastly, treat coins as an investment not as your wife.

If you want to balance your investment and your personal life, then be more flexible and never invest more than you can afford to lose. Investments are very essential these days but if you can’t manage your investments well, you will bound to lose everything you have. And if you start seeing your investments are not working anymore, then don’t bother to sell and find another one that is worth your money and time.
1783  Economy / Economics / Re: Are you ready to spend crypto when market is down on: October 07, 2022, 10:18:32 PM
Hello Everyone,

I am not speaking about just Bitcoin. I am speaking about every cryptocurrency / token.  Regardless of crypto price fluctuations, many online and offline stores are ready to accept crypto as payment. So How will willing are you to spend crypto for your purchases?

If one doesn't spend their crypto for purchases and wait for to spend their crypto when its price is nice, are they really considering it as a cryptocurrency or can we assume like those people are treating more like a security or investment instrument?


It depends. Either it’s for investment or as a daily currency, no one would want to spend if the current value is also low, so I might wait for a more price increase so that I can also make a good purchase at a good value. Besides, there’s fiat anyway. The reason why we should never run out of fiat so that if we can’t spend our crypto, then we should always be ready to spend our fiat.
1784  Economy / Trading Discussion / Re: Is it best to have a personal trading strategy? on: October 06, 2022, 09:44:59 PM
Having a personal strategy to me isn't just the key but the ability to stick to it, is. I have been trading synthetic indices for over 6months and I feel it is better to have a working personal strategy and keeping to it, even at the days and times of loss.

I'm seeking to know if having a personal trading strategy has been able to enhance your trading profitablity and if you really keep to a particular strategy that worked for you even when it seems it's failing you later on and for how long do you stick to this strategy?
If you are a good trader, you will never rely for other trader’s strategy to work on you. Have your own working strategy because that will be your source of strength and future success. However, there are certain strategies that never work for long. If you are already seeing losses every time you trade, that maybe a sign that your strategy is not working anymore. It’s either you build and develop a new strategy, or create a new positive outlook that will help you become more focus and determine to win in trading.
1785  Economy / Speculation / Re: Is anyone buying right now because they think we are at or close to the bottom? on: October 06, 2022, 09:23:10 PM
No one can say for sure whether Bitcoin will go down any further or whether it will pump. But currently the price of Bitcoin is standing at the price I think it is not bad to invest here for long term investment. If we look at the all time high of bitcoin then now we will see that Bitcoin price is more than 70% of it's All time high price , So I think even now if someone is doing Bitcoin investment then they can get more than three times this profit in Next Halving.
The current bitcoin value is still tempting to buy more and hold more for long term. That’s what most of the potential investors are doing right now or they keep on DCAing once they witness another price decline for bitcoin. And for me, this is a much better idea so you can create 5x or 10x profits when the bullish trend starts to appear in the market. Just grab whenever there are opportunities to buy and you’ll always be thankful in the future.
1786  Bitcoin / Bitcoin Discussion / Re: Why Some People think that long term Bitcoin holding is a dumb idea? on: October 06, 2022, 08:57:08 PM
I honestly have not seen anybody who actually thinks holding bitcoin in long term is a bad idea! There are definitely a lot of idiots who spread FUD but even those people don't think that since they are buying bitcoin themselves, specially in the dips.
13 years of going up and more up has proven that.
It will always be an individual’s choice whether you’re up for bitcoin long term hodling or not. If you are not in a rush to make profits, then always go for bitcoin long term hodling as it’s proven already that it’s value will always grow and develop in time. No one gets rich from short term hodling, but you can reap huge profits and become even a millionaire if you stay patient holding your bitcoin for years. Just trust the process.
1787  Economy / Economics / Re: Reasons you will remain broke as an adult on: October 05, 2022, 09:38:50 PM

To be financially literate is not taught in school, we realize this when we already have responsibilities to shoulder.
Hard to say you will survive when the whole country you live in struggles to float. With economy and companies are shutting down, it really is hard to make money even when you apply as a maid/cleaner or lawn cutter, you may still struggle to find customers.

If only its free to harvest the wild life and sell them for food, life wouldn't be this hard for someone who has the skills to shoot.  Cheesy
Life is definitely hard, and that is why there is no easy way to earn a living if you just sit and won’t come out from your comfort zone. Sad to say, not all people realize this and still stay on their current position until they end up as a poor adult. However, if you want to see big changes in your life, then take some risks. You may have different skills within you, but the problem is you never use it at the right place and at the right time. Sometimes, life gets harder especially if you keep on doing things that are not relevant at all.
1788  Other / Off-topic / Re: R.I.P Asian Football World : Indonesia on: October 03, 2022, 08:52:30 PM
Yes I have read about this sad and tragic incident that happened in Indonesia. i don't really follow football but sport of any kind should be played and watched with a good sportsman spirit because nothing is important  than anyone's life. similar incident happened in Pakistan and Afghanistan cricket match in Dubai but things got under control by the authorities.  
Same here. I’m not a fan of football and I don’t usually bet on it but with this tragic event causing a lot of lives to end, my sympathy to all those bereaved families. It’s a sad truth that there are really fans who can never control their emotions and end up into riots. The reason that those police officers fired tear gas in response to those fans who are involved in riots. I just hope the same incident would not happen again, not only in football but in all types of sports.
1789  Economy / Gambling / Re: I play on dueblits on strip club and win on: October 03, 2022, 08:18:28 PM
Consuming drugs and paying for the sex are not really appropriate to express in the gambling board and we don't have to appreciate it as well in my opinion.

Because we all know these things are harmful and illegal in most of the region in this world and I remember this forum doesn't encourage anything that goes against the laws of respective countries where they belong to.
Am not telling you or anyone else to appreciate whatever op did here. I just informed you that there are no rules/restrictions related to such harmful stuff in the gambling board which is where you are wrong.

and i'm also pretty sure if he's immature he's still under the age of 18. because usually a young age always flaunts what he considers rare in his life so that others know what he's doing and expect to be rewarded with something embarrassing like that.
if he was an adult wouldn't publish that kind of thing in a gambling thread like this.
Exactly. Some people are blowing this topic out of proportion. Fact is that op just had a wild night and posted about his experience. It's as simple as that.
For me, there’s no big issue on that. It’s your own decision on what to do on your winnings, and OP just have fun and become wild that night. That’s all. After that, I don’t think he’ll be doing it again knowing he spend all his money that night. Maybe OP is still in a very young age, as it’s obvious that he’s not yet taking consideration  on saving some of his winnings that night.
1790  Economy / Gambling discussion / Re: Casino games plebs like us must play on: October 03, 2022, 07:51:06 PM
We're merely plebs, many of us. Although there are also casino whales in the forum, I believe it's the best advice for everyone, especially plebs, to play only the casino games with the lowest house edge available. BlackJack, Craps, and Roullette IF you just bet on Red or Black.

I think that doesn't change the fact that our winning chance is still by luck. Although Blackjack should be associated with a good decision, we are still playing against the house. Craps is also a difficult game that's why even though it was stated that the house edge of this game is between 0 - 16.67%, still, if luck doesn't come to us we will be doomed. Roulettes, even if we just have to bet on red or black is also a difficult game.

In conclusion, we can't really feel that these casino games really have the lowest house edge.

For me, just choose the game we are comfortable to play with.
I guess in gambling, whether you came from a high or low social status, that won’t give you a guarantee to win as gambling will always be a game of chance and luck, and that the house will always win. Even if you play in those low edge house casinos, losses will always be inevitable. But if you know how to manage your finances and you always play in an amount you can afford to lose, losing will never become a big deal on you.
1791  Economy / Gambling / Re: I beat Duelbits on: October 03, 2022, 07:27:32 PM
i am very good on this before i beat stake now i beat duelbits

Is not a thread to put them down I love this casino is much better than stake.


But the house can't beat player like me.


they have cool feature like depositing in altcoins and withdraw in bitcoin immediately


Well, it's good that you are sharing your joy and winning, but to be honest, this is not the right section to discuss this topic; you should search for a suitable area for this thread. So this post is irrelevant, and I still don't understand the purpose of creating this thread.

Some people are simply that excited when they get a win so in a way I can understand the happiness of the OP, however what I do not share is his blind optimism, because he is talking as if he made a fortune when we can see from the image that he posted that this is not the case, maybe that amount is a fortune for him and that is what he is so happy about his win, but for a casino like Duelbits that loss is absolutely nothing and they do not care at all the OP won that bet.
Maybe because OP only gets the chance to gamble occasionally and whenever he wins, that makes him very happy thinking that he’s as good as professional gamblers. Small wins may already seem a big fortune on him, and I was also like that before. But if you are a long term gambler, you will never be satisfied with this. You will always aim for higher profits that’s always why you keep chasing your luck even your losses too.
1792  Economy / Gambling discussion / Re: About Casino Licenses on: October 03, 2022, 06:57:36 PM
You need a license to legally serve gambling products to some jurisdictions like the UK and the US.

You don't need one if you open a casino in a territory that doesn't require you to have one (I think a lot do though) and serve countries that don't need you to be licensed there in order to operate. Just search if you need one for your country.
It’s seldom to see casinos who are operating without its license. If you want the people will never doubt on the legitimacy of your casino, then you should have the license to operate so that it will be legalized and people will start trusting it. Especially for high rollers, they always go on licensed and reputable casinos because it’s where they can feel security.
1793  Economy / Gambling discussion / Re: 433 Winners to split $4,015,156.265 6/55 Grand Lotto Jackpot on: October 02, 2022, 10:46:02 PM
Wow, that's a lot of winners.

And the first thing that when a jackpot like this in a grand lotto is won by hundreds of people, 433 to be specific, it's all about being coordinated bets at different locations.

Like there's someone who has leaked the winning combination but I don't think that's possible if the draw itself is televised and supervised. Since it's a hot issue, sure that there will be investigators about it but if it's a real thing. Then, congrats to the winners.  Cool
Everyone was surprised about the number of winners we have at the previous lottery draw as usually, there's only 1 or 2 winners who will win the jackpot. But this time its very unusual. But i also don't think the game is rigged or someone has leaked the winning combination as the draw game is in live. Let's just say these people are just lucky enough, and we should also be happy for them so they can enjoy their winning amount.
1794  Economy / Gambling discussion / Re: Gambling, tourism and legal gambling age for gamblers around the world. on: October 02, 2022, 09:59:55 PM
The only two localities I as a gambler would like to visit in a tourism trip are Las Vegas as the biggest one which I dream to go there and Maccau which I don't care that much even if I don't visit it one time in my life but Las Vegas is in my long term agenda to visit and why not to hit a multi million dollar jackpot there  Grin.

All other places mentioned here are not that impressive to me and do not offer the same treatment as Las Vegas offers.

I guess I was just lucky to visit those sites years ago, specially Vegas, it was really an eye opener for me. And I guess it is still a tourist destination for us. Macau is different though, if you are going to that place, then you are going to gamble, Lol.

Regarding the questions of age, if the law says that they are in legal age and if they won the lottery then, obviously the government will have to honor that and pay the player.
Las Vegas was also my dream gambling destination and I will never stop hoping that one day I’ll be able to play in there. Macau is not that really impressive for me. Well, for the minor winning in a lottery, it can be that it’s only given to him as a gift or whatsoever, so the government is still entitled to give him his winning prize. What is important is that he owns the winning ticket.
1795  Economy / Gambling discussion / Re: Is this statiscally possible in a lottery? on: October 02, 2022, 09:39:31 PM
I can't say whether this lottery or at least this particular draw is rigged or not although there have already been many talks about it. But I guess the pattern of the winning numbers is simply a coincidence. If this is indeed rigged, those who chose the winning combination should have picked random numbers. Picking a winning combination such as this would only ignite suspicion. If players doubt, they might not play anymore. That means a loss in revenue.

Another surprising thing about this is that there are 433 winners of the jackpot. Normally, there's only 1 or 2 of them. Sometimes none at all.
If this game is rigged or not, only the PCSO knows the truth. And this speculation is not new to us anymore. But most likely, since they always show transparency by having live draws, mostly these jackpot winners have only chosen their numbers randomly and they are just lucky enough to hit the winning combinations. Those 433 winners in one day might also be surprised knowing they’re too many of them who will share the jackpot prize.
1796  Economy / Gambling discussion / Re: Woman Abandons 4-year-old Child In Gambling Shop As Collateral After Huge Losses on: October 02, 2022, 09:17:41 PM
While some people are looking for children of their own, some others do not value what they have.
My assessment is that this is simply a case of irresponsible parenting and problem gambling. How do you think about this?
This is the height of it, making the innocent child suffer for her own irresponsibility. The child should be taking into government care and such a mother if found should be arrested and taking to rehabilitation. I wonder what her intention was, maybe that the child should be held by the gambling shop to repay the equivalent of the money lost in labor.
It’s clear, the woman is not already in her good thinking so she should be arrested and put into rehabilitation center. That way, if she has another child left, she won’t do the same thing making him/her as a collateral. This is not just an irresponsible parenting, but a serious gambling addiction too. And because of that, she cannot think anymore what’s right from wrong.
1797  Economy / Gambling discussion / Re: Investing and the casino business. on: October 02, 2022, 08:58:41 PM
The thing is, it's not easy to invest in these entities unless you have millions to use as a capital for investment. They'd probably focus more on the big fishes to keep on funding their platform rather than small timers like us to give them a steady stream of funding. While on paper, with these numbers included, it is a no-brainer to invest on these platforms, in practice (especially crypto gambling platforms) your investment can only last for a few months before it gets used up by the casino as a payout for their winners.
This is probably why investing in casinos is only for rich men in the country because it’s only them that they can fund sufficiently and will become sustainable after a long duration. Of course, big capital, huge returns. The reason why these big fishes continue to become richer and prosper, because there are definitely huge profits waiting for them in casinos investments. The thing which, regular investors won’t be hard to achieve because they don’t have sufficient funds for casinos investments.
1798  Economy / Gambling discussion / Re: Will you change your mind on gambling ? on: October 01, 2022, 11:24:46 PM
At the start of the implementation of the new law, I might stop gambling. Normally, the strictest phase of policy implementation is when it is newly released. So I probably would cease from gambling. But as soon as I observe among other gamblers that they are freely gambling online without the authorities even noticing them, I might also try. But if I see that those who are violating the law by moving into online gambling are penalized, I might as well stop gambling for good.
The fact that it’s now become illegal in your country and continuing gambling would bring you into jail, I guess there’s no reason to gamble anymore even if you say online gambling is not that tight. For me, better to stop early than feel sorry in the end. However, this is not the reality now when it comes to gambling. Gambling is widely accepted today and some high personalities are even engaging in gambling. Like in lottery, those who will hit the jackpot price will always be acknowledged but of course their personal identity will never be reveal.
1799  Economy / Trading Discussion / Re: My thoughts and now my experience. on: October 01, 2022, 10:59:19 PM
Your last line was amazing and it's the reality in crypto world. If you want to earn without learning properly you may fall into a risk and lose funds. We should have much knowledge about crypto before planning to earn.

I'd even go as far into saying that it will be almost guaranteed to happen. Even if you're already well versed with the cryptocurrency markets, the risk of losing money is still quite high.
Precisely. No one gets guaranteed profits from crypto, it’s always about taking chances with high risk of losing most particularly if you never make thorough research from the start. However, even pros get the chance to lose but there’s always an advantage if you are more knowledgeable and skilled in the crypto market since you can maximize your gains and lessen the risk of losing.
1800  Economy / Trading Discussion / Re: If I get heart Attack that is because of BITCOIN on: October 01, 2022, 09:59:15 PM
Hi guys I think I might have heart Attack cause when I buy Bitcoin it goes to lows and when I sell Bitcoin it goes higher and today I sold my all Bitcoin earnings that were 200 dollars and than. BITCOIN starting pumping very hard and that was very very annoying to me. What should I do about this?
Bitcoin is for long term investment so you have to be very patient whenever you see price decline, as it’s not going to stay happening all the time. If I were you, since bitcoin price changes affects you so much, then never  do price check most often so you will have peace of mind. And do not think of short term selling for small profits, always prefer long term hodling and only sell it when bitcoin hits its new all time high. That way, you will never be paranoid and prone to heart attack.
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