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1821  Alternate cryptocurrencies / Altcoin Discussion / Re: What are the things to look for when buying Altcoin? on: January 25, 2021, 02:15:03 PM
First need to check the website and the transparency in the project. Further the whitepaper to know, does the project has got a minimum viable product. Next want to find the opportunity for profitability/growth expectancy. Altcoins are part of the market, but we need to understand and analyse well about its plan of listing on exchanges and the trade support from the team.
1822  Economy / Gambling discussion / Re: Thailand government seeks measures to tackle the problems of illegal gambling. on: January 25, 2021, 01:46:40 PM
70% of adults into regular gambling is really a bad thing. If it is in a developed country, then this isn't a big issue. For a country like Thailand, the government need to take necessary steps to safeguard it's citizens. To overcome this government can come up with the plan of creating official lotteries. Every week or every month these lottery draw need to be conducted. When it is pure luck based, people will tend to spend much on it. To make people have self control, a limitation need to be set on buying. This way the government can have control over illegal gambling and add tax revenue.
1823  Bitcoin / Bitcoin Discussion / Re: Bitcoins bad publicity? on: January 25, 2021, 12:53:21 PM
Banks and large scale institutions have begun to show much interest on bitcoin. As a result already we've got more number of banks to adopt the blockchain technology into the banking operations. Till date the network have grown slowly, and there is no form of advertising for bitcoin.

Everything has happened through word of mouth spreading. Bitcoin had got bad publicity from users who haven't got the right understanding about the market and the risks associated with it. Just because they've lost to some scammers they try to indicate bitcoin as the reason for the same.
1824  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin ever be use as other country currency on: January 25, 2021, 12:30:56 PM
Very few countries like Japan have legalized the usage of bitcoin. The increasing usage and adoption of bitcoin won't affect the decentralisation of the network. Any country can have bitcoin as national currency. Till date no country have officially made bitcoin as national currency. Maybe in the future this can happen.
1825  Economy / Gambling discussion / Re: The gambler who manages to beat the casino through cheating on: January 25, 2021, 11:34:32 AM
One way it can be called as cheating. By the time we must think of the study they've made in making the impossible possible. It isn't an easy task to study the possible chances and succeed in it. Working as a team had made them achieve. With casinos, cheats and tricks were followed but that doesn't assure consecutive wins. What these people have achieved is big. I truly appreciate the way they've made millions.
1826  Economy / Gambling discussion / Re: People die from heart attack when they hit the jackpot. on: January 25, 2021, 10:53:55 AM
Maybe they have already heart problems so once they saw they win in jackpot lottery they suprised and it will the cause for them to trigger their problems in the heart. If they did not won maybe they still alive but maybe that is alsp their time. I want to know how about those winnings in jackpot those people died because of that and still not unclaimed where the money goes? I hope in their relatives or family because they lost their love ones because of that so it is really needed for them to get the money for their future.
Myself too think the same way. Most of the time cardiac arrest happens with people who are already suffering from heart disease. People who comes out of the first time cardiac arrest used to survive longer on medication. These people shouldn't get overjoyed or deep sadness. When one wins jackpot, there'll be happiness overflowing. This sudden change of state makes changes in the blood pumping and causes cardiac arrest. Another thing, it happens mostly with people who have the mind to enjoy the moment, but out of excitement they control and feel the happiness within themselves.
1827  Economy / Gambling / Re: An Honest Mbit Casino Review: One of the Best Bitcoin Online Casino on: January 25, 2021, 10:10:46 AM
It has got a red tag as well as scam accusation against it. Reviews were made on personal experience on that particular gambling site. This means, the user himself share based on his experience. Maybe the site could've received him good and hasn't encountered any issues. If the user have experienced any personal difficulty with the gambling platform, surely he could've started a scam accusation
1828  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Zilliqa or Cardano for 1 year? on: January 25, 2021, 09:47:41 AM
This thread has been created two years back. The expectation of the cardano and ziliqa for $10 isn't gonna happen now or in the near years. Both Ziliqa and Cardano is good for long term profiting. These cryptocurrencies were compared with ethereum, but from my opinion it isn't possible for cardano and ziliqa to go high against ethereum. Ethereum is the one that has the better developer community.
1829  Bitcoin / Bitcoin Discussion / Re: Is bitcoin anonymous? on: January 25, 2021, 09:29:42 AM
based on my little knowledge,
anonymous = no information at all about the subject.
pseudonymous = the subject used alternative identity (re-identified).
CMIIW.

but is it mean we are pseudonymous to people we don't know?
for example, we are pseudonymous to strangers that we saw on the street?

https://english.stackexchange.com/questions/224254/whats-the-difference-between-anonymous-and-pseudonymous/
https://dma.org.uk/article/anonymous-and-pseudonymous-data-are-they-actually-important/
Bitcoin transactions are pseudonymous. End to end transactions seems to be transparent, without the end users being known. Through the usage of cryptocurrency mixers it is possible to stay anonymous. Yes, it is like staying on a street and making an interaction with the stranger.
1830  Bitcoin / Bitcoin Discussion / Re: Do not be too happy on: January 24, 2021, 11:36:41 PM
Do not be too happy that big and giant companies are entering the field…
Because they set the price up and down whenever they want…
You should be happy when ordinary people invest more than big companies.
In simpler terms, it is much better if bitcoin or anything else that exists is distributed all over the world and reaches individuals and companies equally, or, as the saying goes, does not accumulate together.
Wherever governments or large corporations stand, they are sure to determine everything.
Successful and healthy  Wink

I think you're living under some type of illusion/delusion if you think 'ordinary people' can invest/use Bitcoin.

In case you haven't been paying attention, tx fees are regularly $10 or more thanks to the geniuses that gaslighted everyone into believing 1 MB blocks was a good idea. If a person invests $20 on an exchange and moves their coins to a wallet where they control the keys, they instantly lose 1/2 of the investment.

And.. the balance is now frozen since there's not enough left to cover the fees to send them out.
There is nothing to talk of the transaction fee. Just think if majority of the system is with the common people automatically they can come to a role and fix the transaction charge. Now if the majority holdings will be with the corporate networks, they get the access or beyond certain limit surely they'll try to take control over the transaction fee. Think of the present market situation, they manipulate on need.
1831  Bitcoin / Bitcoin Discussion / Re: Dont stay in crypto too long on: January 23, 2021, 12:54:13 PM
I haven't got any reason for not staying long in crypto. I've got more reasons to stay long in the crypto.

  • The market provide assured long term profit
  • Decentralized functioning gives freedom on using your own funds
  • Helps with large scale transactions, which needs lot of paper work when done through banks
  • Anywhere accessible compared to many traditional fiat, as very few Country currencies have similar feature
  • Anyone can learn with ease, as people are much adopted to smartphone usage
1832  Economy / Gambling discussion / Re: Cricket match prediction discussions on: January 23, 2021, 12:02:29 PM
I agree with you, 2 years is really enough time to understand the trade. But I have been betting only on cricket and football for 2 years. Didn't bet on any other game. And I haven't watched any other games closely. So even though I have been sporting gambling for 2 years, I think my knowledge of sports outside of cricket and football is not enough..

Why there is a need to diversify? If you are good in predicting cricket and football matches, then concentrate on them. Even I don't bet on sports events, where I don't have enough knowledge or confidence. And I am not sure whether 2 years is enough. Correctly predicting cricket/football matches takes a long time to master. You will get better at prediction, with more experience.
Thanks for your Suggestions. I think you are right. You should focus more on the thing on which you are more proficient. Be influenced by friends, I occasionally bet on another game, and lost. So I want to gain enough knowledge about other sports as well.
Rather than knowledge gaining it is a must to gather more information related to the game. Through information gathering only it is possible to make better prediction about the match result. Most of the time users do mistake in this. when they loss in a familiar game they tend to bet on unknown games/matches to retain the lost fund. This is wrong, because this leads to further loss. Only the luckiest win on such situations.
1833  Economy / Gambling discussion / Re: Indian Super League (ISL) Football match updates, predictions and discussions on: January 23, 2021, 11:34:38 AM
Mumbai City and ATK Mohun Bagan FC have made a strong stand on the points table. Rest of the teams are standing with small difference on the points table. With more matches to come the third and fourth position on the points table can change anytime. Mostly the end matches will be very close, and the teams will face a situation that winning team will enter the top position.
1834  Economy / Economics / Re: What is the point of collateralized loans ? on: January 23, 2021, 10:42:27 AM
With the collateralized loans we're providing security with some form of collateral. Loans are always high risk involved, when it comes to cryptocurrency the risk is even high. This is all because of the high Volatility. Whenever you get loans in cryptocurrency you'll receive in terms of USDT or against any of the stablecoin.

You get a loan of $2000 when the price of an ethereum is $1000 and now what you have is high. Same if the price of ethereum has gone down, you're supposed to pay more than what you've got. Apart from this you need to pay the interest. In such a way loans in terms of cryptocurrency is profiting as well as have high risk.
1835  Economy / Gambling / Re: Stake.com - Casino & Sportsbook - Play Smarter 🚀 🎰 🏀 ⚾ 🏈 🎾 🥊 🎲 on: January 23, 2021, 06:16:25 AM
Such referrals are what I like to see the most.
Unfortunately, only the commission is a little low...



At least you earn something for free from the affiliate program. Keep on spreading your affiliate link and hopefully one day you'll get at least one whale who gamble big amount regularly. It would be a very nice earning for you, it is not easy ofc but nothing is impossible.
Affiliate marketing is so successful and there are people who are successful only through the affiliate earning. Even for this one need to be lucky, because if one of the high roller was an affiliate of you, now a big commission could've been received. Even a small earning for free is really good. If I'm not wrong the affiliate commission percentage will also vary based on the level we've reached through wagering.
1836  Economy / Gambling / Re: Zamabet - Fair Crypto Casino on: January 21, 2021, 11:07:57 PM
Need to make a study and proceed further, because if the reputation is lost once it is hard to retain in the gambling business. Good is to focus on a single game like dice or something specific, further depending on the growth proceeding further seems better. Right now everything looks incomplete. Make better plans and execute perfectly.
I dont see any problems if a site do directly offer multi-type of games that had or can be seen already in the market as long they do execute or plan it well then that what matter most.

Getting reputation isnt something easy as 1-2-3 yet you would spending some money to be allocated for normal marketing for some exposure.

For sites design then it isnt bad though but as i have read on 1st page where it does have some plagiarized issue? that isnt something good on a start-up.
Most of the time sites will be perfectly developed and implemented without flaws. Due to lack of funding and promotion it goes as a scam. Thats the reason why I suggested to concentrate on a single game and further at specific time interval making new launches will serve as a promotion and will help them meet the financial needs for the success with ease than implementing everything on launch. I'm not against the plan of the team, my suggestion is only when there is some lagging due to fund.
1837  Economy / Economics / Re: Biden do even bigger stimulus on: January 21, 2021, 09:51:32 PM
Yo, hyperinflation is imminent if the US kept on printing money and not paying debts, so bitcoin may not be affected, but countries who are dependent to America will be. And with this the world economy will be in shambles as USD is a major anchor of most currencies in the market. So you still would have tp worry.
Hyperinflation might happen, but there won't be much impact over the cryptocurrency market. Once after the sworn of Biden he has halted all the administrative decisions that were kept prepared by the Trump government. Amongst is the cryptocurrency related decision, and now Biden has stated it to get executed only after perfect review. This is truly a positive sign for the growth of cryptocurrency market with the present government. We don't know what way they've planned the economic upliftment, but there is less chance of disturbance to the cryptocurrency market.
1838  Economy / Gambling discussion / Re: Toronto women win jackpot lottery on: January 21, 2021, 09:19:10 PM
Thats a big money. This needs big luck. On a quick check about different lucky wins in recent days came across this news of lottery vendor winning bumper lottery. The small scale vendor has got lucky with the unsold lottery tickets, and the funniest part, he has won around $1.65million, but after tax deduction he gets only $1million. This way how much does the women who've won $60million will receive.
1839  Bitcoin / Bitcoin Discussion / Re: Bitcoin vs covid 19? on: January 21, 2021, 06:15:32 PM
With the recent launch of the Covid 19 vaccines, will it affect bitcoin, I assume that the Covid 19 vaccine will make the economy stabilize again, will this also affect bitcoin?  will bitcoin weaken or vice versa?
The assumption is wrong. Covid-19 vaccine isn't gonna stabilize the economy. Maybe in some part of the world people believe on the vaccine. In my country people are afraid of the vaccination, because things aren't transparent. Everyday there is death after vaccination, government just broadcast the vaccination number and hides the death count. Upon this the demand for vaccine is greatly affected. This way economy won't move good due to the vaccine.
1840  Economy / Gambling / Re: Zamabet - Fair Crypto Casino on: January 21, 2021, 04:43:59 PM
Need to make a study and proceed further, because if the reputation is lost once it is hard to retain in the gambling business. Good is to focus on a single game like dice or something specific, further depending on the growth proceeding further seems better. Right now everything looks incomplete. Make better plans and execute perfectly.
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