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1961  Economy / Gambling / Re: BC.Game-🔴🔴🔴BET RED IN CRASH!🔴🔴🔴 Find More Unique Games! on: August 11, 2022, 09:45:07 AM
...
Thanks for the explanation, indeed, the wheel now has no JB's, but no matter how much I rotate it, I always get the same thing, it's 0.01 BCD for probably the tenth time in a row, and of course every day they charge JB's. Smiley

Well, now the wheel depends on your level, it's not the same for everyone...



Silver (8+ level), Gold (22+ level), Diamond (70+ level)!

As a silver, I am getting 0.05 BCD most of the time, but I hit SHIB or CRO from time to time as well...

Some friends from the Gosu community are Gold and Diamond, and they have nice wins from the wheel every day! It's nice when you are a higher VIP, that's a fact! Smiley

That's really nice. To be honest though, except for the first day, I never actually won anything except for the 0.05 locked BCD.
I would have spin the wheel so many times but I always get the 0.05 BCD.
This makes me think that the old wheel was so many times better than the current one.
At least I would get other coins like Tron, XLM, Doge from the old wheel which I don't get in the new one.
1962  Economy / Gambling / Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest on: August 11, 2022, 09:41:39 AM
Its not same for "all" coins though. Fun token is an immensely developed one not just because of the project itself, I mean the blockchain behind it could be replicated in a day, thats not the reason why its good at all, it has absolutely nothing that could make it valuable "that" way. What makes it unique and incredible and amazing is the fact that freebitco.in took over and they are making it to be something special. Not just on this website, which is more than enough to make it amazing all by itself, but they are working with binance and other websites and they are increasing partnership numbers, the ways it could be used. Basically many things on it, so that if you own fun tokens, you would be able to actually do something with it. Not many alike, just a dozen or so.

The fact that FUN token is now being utilized in freebitco.in is the only reason why I think FUN token still has a good chance of making it through.
I guess this is why many people are holding the FUN token at first place. Also, since it costs so less there's no harm in holding a few thousand FUN tokens afterall.
1963  Local / India / Re: WazirX Founder & Co-founder have moved out of India? on: August 11, 2022, 07:33:57 AM
I don't think anything bad can happen to WazirX coin and exchange, Binance gives a stern warning to WazirX CEO, I saw news about WazirX on this forum and Twitter, what a bad start for WazirX.

I have a loss for my investment in Vizier coin, now the price is really bad, what a disaster.

Are you sure that's the coin name ? I tried to search the coin with that name but was unable to find it on coingecko and wazirx.
Besides that, what does your investment has to do with wazirx. I mean if the coin is crashing that's not the exchange's fault.
It is mostly because of less demand unless and until that coin is only available on wazirx.
1964  Economy / Trading Discussion / Re: Crypto Grid trading bots. Are they worth it? Please sure your experience. on: August 11, 2022, 07:01:55 AM
I have noticed that almost all popular crypto exchanges have an option from a grid bot, which also includes copy trading from other successful grid bots. Daily and weekly rankings show grid bots that have been performing so well and from which traders can copy from, but I have personally never created any.

Which begs the question, Can someone actually gain some meaningful profits using the grid bots?
What are the disadvantages?

I personally think that grid bots are only useful when the price of a particular asset is going range bound.
Considering that bitcoin is moving in a range bound position of $22k - $24k then it actually makes sense to use a grid bot.
But otherwise I don't think it's really useful. Besides that we still have to monitor our trades so it's better to do manual trading itself.
1965  Economy / Trading Discussion / Re: A little profit for $17k+ buyers on: August 11, 2022, 06:47:14 AM
Currently bitcoin is trading around $24k which is a good price jump from $18k. I think bitcoin will continue to increase  in price for few weeks before a correction takes place.
A correction will definitely happen because it's been more than 5 weeks that bitcoin is increasing in price every week.
So a red weekly candle is about to happen where we will see bitcoin fall back to $22k levels as per my analysis.
After than we may see bitcoin go back to the $30k level if the bulls are strong.
1966  Bitcoin / Bitcoin Discussion / Re: Exchange will go out of business if every Bitcoin is hold in private wallet on: August 10, 2022, 03:48:13 PM
Bitcoin is already winning the war against the centralization of Bitcoin services, and a lot of Bitcoin holders are beginning to realize the safety of their Bitcoin when it is off the exchange and kept in a private wallet. You only send real Bitcoin when you do it on a p2p level and you don't own Bitcoin when your coins are stored on an exchange all you have is just promises and not Bitcoin if your Bitcoin is on the third party exchange.

Yes ofcourse that is true but even if all bitcoins are stored on non-custodial wallets it still doesn't mean that exchanges will go out of business.
Remember, there are altcoins as well which holds around 60% of the marketcap. Even if 50% of them are on exchanges then it is still a huge amount to be handled by the exchanges.
So exchanges are here to stay. Besides that, there are traders who actively trade on exchanges so liquidity will definitely be on the exchanges.
1967  Bitcoin / Bitcoin Discussion / Re: Bitcoin art created by AI {gallery} ... and the satoshi portrait as well. on: August 10, 2022, 03:45:12 PM
Looks professionally done in a lot of cases.

I agree, the quality of this pieces of art is high.

I don't like at all the fact that they was made by an AI, because when i see a great piece of art i always think, What was happening on the artist mind to come with this result, and with AI is different because they don't have a mind  Tongue

The sad part is how good this pieces of art are... and i mean it's sad because a lot of artist will get frustrated about how an AI do a better job than them.

Damn, that is really deep.

Firstly, these art works are really good. I cannot believe all of them are created by an AI.
If it is really created by an AI, just imagine how AI will be in the coming years.
But then would NFTs really be worth it ? People can simply use AI to create art works so why bother buying an NFT created by an AI.

Secondly, as the technology progresses, jobs are being decreased. As you said, real artists will get discouraged since an AI bot would be able to create such good art.
Only the really creative ones will survive.
1968  Economy / Gambling discussion / Re: Threshold of Loss in Gambling on: August 10, 2022, 03:08:30 PM
My strategy is not to exceed the loss threshold in gambling by making a maximum deposit of 20% of my savings to enjoy the game, and when the balance runs out I must stop so it doesn't have a big impact on my finances.
Honestly, this one is good a advice a very good one. We should learn to manage everything so that we can have a peace of mind. At first, it is very hard to have this discipline but it can save us from being wreck and in debt. In my own perspective, I am saving the 30% of my salary, 30% for recreational activities and other things I needed to buy and then 40% will be for my family expenses, playing gambling is also included in that 30% so that when I reach that amount even though I am winning but I already used all to bet again, I will stop right away.

Well, if you are using a part of your 30% savings for gambling then it is still better but as @inanilujimi mentioned that he is depositing a maximum of 20% of his savings then I think that's bad.
20% of savings is a big deal. For an middle class person 20% savings will buy him food for the entire month for his family.
Again, that depends on person to person but for me I would never gamble more than 10% of my savings.
So that's my threshold limit in gambling.
1969  Economy / Gambling discussion / Re: An alternative to gambling with money. on: August 10, 2022, 02:53:51 PM
Since you people can't gamble because of the lack of money, this means that this idea of gambling with fake money suit you the most. If gambling is available to you with fake money, will you people gamble and get some entertainment? Since you will have nothing to lose, you will enjoy gambling the most. However, i wonder what will the gambling casino earn if they allow gambling with fake money:Smiley

Not a good idea to start either, I mean they are doing just fine even without these fake apps with fake amounts of money, and using these kinds of apps will just put fuel in their hidden desires towards where the real gambling is. I understand the motive and what you're trying to say but the solution you're trying to offer will probably destroy their lives if it turns out that they will be curious about gambling.

I personally think that if a person is gambling with fake money then he won't be so addicted to gambling at first place.
Why I am saying this is because when you gamble with real money it gives you a thrill which in turn gives you the adrenaline rush which fake money cannot provide.
So the probability of addiction through gambling with fake money is really low. The human mind only produces dopamine when we are getting a reward out of something.
Money is the reward in gambling. If there's no real money then there's not enough dopamine to get us into the addiction stage.
Most probably after one point we will get bored by playing the games.

Yes, that is also possible and yes it's true that only real gambling can only give us the thrill we seek as it's where we can make real money despite of odds that are against us. But there's also a big possibility that a person will be tempted to go where the real deal is because he or she will start to believe that if he can win in fake gambling, then he or she can also have the same win in the real gambling with the same technique.
And come to think that you would really be having those mad or sick type of betting when you do know  that you do have fake funds which it would really be having no emotions attached and when you do win or

hit big multipliers then the main thing that would come up into your mind is that you should really be doing this in real funds and would expect that it would be ending up on the same results and making your hell of

a rich guy.Am i  right? We are naturally born greedy deep inside but there are ones who do able to control and there are ones who arent thats why ending up on bad decisions and outcomes.

Yeah you guys are right from that perspective. I guess its the same with trading too. We trade with small amounts in the beginning but as we start to make big profits our greed increases.
We tend to start making trades with bigger amounts and the same happens in betting and gambling.
So there are chances that if we start making profits with fake money then we might as well start gambling with real money as well.
1970  Economy / Gambling discussion / Re: An alternative to gambling with money. on: August 09, 2022, 04:49:29 PM
Since you people can't gamble because of the lack of money, this means that this idea of gambling with fake money suit you the most. If gambling is available to you with fake money, will you people gamble and get some entertainment? Since you will have nothing to lose, you will enjoy gambling the most. However, i wonder what will the gambling casino earn if they allow gambling with fake money:Smiley

Not a good idea to start either, I mean they are doing just fine even without these fake apps with fake amounts of money, and using these kinds of apps will just put fuel in their hidden desires towards where the real gambling is. I understand the motive and what you're trying to say but the solution you're trying to offer will probably destroy their lives if it turns out that they will be curious about gambling.

I personally think that if a person is gambling with fake money then he won't be so addicted to gambling at first place.
Why I am saying this is because when you gamble with real money it gives you a thrill which in turn gives you the adrenaline rush which fake money cannot provide.
So the probability of addiction through gambling with fake money is really low. The human mind only produces dopamine when we are getting a reward out of something.
Money is the reward in gambling. If there's no real money then there's not enough dopamine to get us into the addiction stage.
Most probably after one point we will get bored by playing the games.
1971  Economy / Gambling discussion / Re: [Discussion] Should Gambling be Banned? on: August 09, 2022, 04:41:24 PM
The thing is that even if gambling is banned in any country there will still be people hosting gambling activities.
So in a way, gambling cannot be banned completely so why not just regulate it in a way that people are restricted from gambling too much.


- That's what I'm wondering mate, why in other countries do they legalize gambling like casinos, then in others, it's illegal instead. If it will help
  the country's government, why not regulate it if it will add to the country's economy? Although we know that this is bad in the eyes of children
  or young people, all that is needed is to guide them to the right and not to the wrong.

- Then if the acquisition of a gambling site from a KYC gambler can be said if it is okay as long as a gambling platform is regulated in that
  country, because if not it seems a bit risky and should not be given.

There are only two possible reasons why I think that the government decide to ban gambling instead of regulating it.
1. The government is too concerned about it's citizens and want to stop as many people as they can to get involved in gambling.
2. The owners of those gambling casinos are not bribing the government enough so the government eventually decide to ban gambling instead.
1972  Alternate cryptocurrencies / Altcoin Discussion / Re: Eth could take over BTC or not on: August 08, 2022, 04:34:55 PM
With PoS coming and Gas fee finally getting fixed do you think that Ethereum is capable of overtaking bitcoin? Oh also there will be max supply for Ethereum finally too, or is this expectation of mine way too high.

That's a question many people have asked several times over the decade and the answer is quite simple.
For the time being ETH cannot over take BTC in terms of price and marketcap.
But we don't know about the future so "may be" if things go in the favor of ethereum then there are some chances for it to over take BTC.
1973  Economy / Gambling discussion / Re: [Discussion] Should Gambling be Banned? on: August 08, 2022, 04:28:19 PM
The thing is that even if gambling is banned in any country there will still be people hosting gambling activities.
So in a way, gambling cannot be banned completely so why not just regulate it in a way that people are restricted from gambling too much.
The same goes for online, there will still be accessible for them with the use of the tools like VPN. A gambler will continue what he has been doing despite the ban and no one will know about it unless there's a tracker that will figure it out who are the citizens that are accessing casinos online and violates the law.


Yeah that's right. Whether it be gambling online or offline at a physical casino, both can still be done with it has been banned by the regulatory authorities.
In fact, there are people who has found a workaround to keep the gambling business running.
In one of the cities in my country they are operating gambling casinos on ships which are on waterbodies since gambling casinos are banned in land area.
Isn't it funny and witty at the same time. Who would have taught that the government would really allow gambling in this way.
1974  Economy / Gambling discussion / Re: An alternative to gambling with money. on: August 08, 2022, 04:19:23 PM
This is not a good idea in my own opinion, it is better to abstain from gambling if you looking for a way to take a break, or minimize loses but to some point gambling with fake money does not help the gamblers in any way.
In theory this is something that it could work, the issue is that the reality many times differ with what we can expect out of our theories, gambling with play money may seem like a good alternative as you are not spending money when you gamble and it may seem that over the long term you will reduce the amount of money you use to gamble, however most of the time things happen tin the opposite order, people begin to gamble with play money and then after some time they decide to use real money for their bets, so while using play money instead of regular money may seem like a good idea it is nowhere near as practical as it may seem.

Gambling with real money provides a thrill which gambling with fake money cannot provide.
While the motive behind this idea is really good it simply can't workout because of the mere fact that people gamble with real money to have that adrenaline rush which fake money cannot give them.

I live in the community where money is very very hard earned. Lots of people live below the poverty line so they are always struggling to make their ends meet.
So we don't have much left to spend on entertainment. The most - people do is eat out and go to cinema.
We dont gamble and we cannot throw money away life rich people and people living in developed country does.

Since you people can't gamble because of the lack of money, this means that this idea of gambling with fake money suit you the most. If gambling is available to you with fake money, will you people gamble and get some entertainment? Since you will have nothing to lose, you will enjoy gambling the most. However, i wonder what will the gambling casino earn if they allow gambling with fake money:Smiley

When you are gambling with fake money we are mostly considering it to be an online gambling website.
Since they don't use real money they get their income from the traffic generated on their website.
Also, they might use ads to get an additional income from their website but this is mostly it.
1975  Alternate cryptocurrencies / Altcoin Discussion / Re: When will people finally abandon Tron? on: August 08, 2022, 03:29:28 PM
I personally think Tron is a good coin because of the low fees required to make the transactions.
I have many times bought Tron to transfer my holdings from one place to another.
Tron has saved me a good amount in fees when compared to other coins.
1976  Bitcoin / Bitcoin Discussion / Re: How Whales Store Their BTC on: August 07, 2022, 03:54:16 PM
Considering that hardware wallets and air gap machines are the most secure wallets I think most of these whales would store their coins in these machines.
May be they are diversifying by storing their coins in different machines and storing them at different locations.
Nobody would announce their stored coins publicly anyway. So we can just speculate it.
1977  Bitcoin / Bitcoin Discussion / Re: Are Early Adopters rich? on: August 07, 2022, 03:50:46 PM
Isn't it quite simple that the ones who are still holding have become rich and the ones who sold early lost the opportunity.
At the same time, who are the early adopters really ? May be we are the early adopters too if bitcoin price crosses $1 million per coin in future.
So if we hold throughout then may be the people from future will call us the early adopters as well.
Strong hands will survive.
1978  Economy / Gambling discussion / Re: An alternative to gambling with money. on: August 07, 2022, 02:52:29 PM
This is not a good idea in my own opinion, it is better to abstain from gambling if you looking for a way to take a break, or minimize loses but to some point gambling with fake money does not help the gamblers in any way.
In theory this is something that it could work, the issue is that the reality many times differ with what we can expect out of our theories, gambling with play money may seem like a good alternative as you are not spending money when you gamble and it may seem that over the long term you will reduce the amount of money you use to gamble, however most of the time things happen tin the opposite order, people begin to gamble with play money and then after some time they decide to use real money for their bets, so while using play money instead of regular money may seem like a good idea it is nowhere near as practical as it may seem.

Gambling with real money provides a thrill which gambling with fake money cannot provide.
While the motive behind this idea is really good it simply can't workout because of the mere fact that people gamble with real money to have that adrenaline rush which fake money cannot give them.
1979  Economy / Gambling discussion / Re: Gambling winnings tax in the USA on: August 07, 2022, 02:44:33 PM
so recently I saw a news circling around the internet regarding someone from the US winning the lottery jackpot worth $1.28Billion, but then several days later, I saw this article. apparently the winner of the Lotto jackpot will only get $433.7M after the total amount of winnings is taxed. it's ridiculous how the government got more money from the lotto jackpot than the actual winner. I know that $433.7 million is still a lot of money but it is still disheartening how $800 million was taken away due to tax.

https://www.forbes.com/sites/robertwood/2022/07/30/winning-128-billion-lottery-ticket--gets-4337-million-after-tax/?sh=5582ea32028d


Even I saw this news on the internet a few days back and I was awe struck when I read that the government will be getting more than half of the lottery amount as tax.
Although $433 million is not a small amount and should still be good after tax deducted but it feels like this is not fair.
Why is the government taxing so much, it's almost around 67% in tax which sounds ridiculous to me.
1980  Economy / Gambling / Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest on: August 07, 2022, 02:40:41 PM
I got email that 360 days lock of FUN tokens just ended. My 7000 tokens turned into 8726. I don't really know what conclusion from it to draw. Through these 360 days I barely followed what's going on with FUN and development of it. So, I don't really knowwhat I should do now. It would be interesting to hear thoughts from other people who had locked their tokens.

Wow, that looks good. Even I had received a mail few days back saying that my locked FUN tokens for 360 days will mature next month.
I had locked 2500 FUN tokens which would give me 3116 FUN tokens back by next month.
It feels good to get extra returns on your investment. Although FUN token has gone down in price we can still hold it until it rises back.
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