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21  Economy / Gambling discussion / Re: What is the reputation or guarantee of casino sites being advertised here? on: June 30, 2024, 11:54:16 AM
You can tell them to use Livecasino. It is a reputed gambling site on this forum and almost no complaints. If there is any, they are solved fast if legit. It is a good casino site that someone can gambling.

Does the casino itself worth the blame or bitcointalk forum is to be blamed for convincing bettors to accept any advertised gambling sites to be legit and unwavery to bridge their reputation?
The casinos worth the blame and not us.

Lastly, has there been any casino site advertised in this forum which has ever bridged its reputations?
Yes. Well know one is 1xbit.

I needed to know these so that it does not feel like I am misleading my friends. Behold, they have been disappointed by so many casino companies by their disrepute.
How are you misleading them? I have been using some of the gambling sites and no issue. You see something right and you told them is how I see it
22  Economy / Gambling discussion / Re: Was it a Gut's feeling a Mathematical calculation or a Coincident? on: June 29, 2024, 09:42:31 PM
Does a human have the instinct to feel or know the outcome of gambling?  In this article it was said that the winner have the positive guts after buying the ticket and eventually won $2m or is it just a coincident?
It is possible but the same instinct can also fail the person. If his instinct failed him, he will not talk about it. But if his instinct did not fail him, he will tell people about it. His instinct could have truly helped him but what makes him win is luck and not instinct.

So in case where you are buying a lottery or scratch ticket, would you abide by your gut's feeling whether to purchase to bet on the combination of a number?  Do you believe that instinct can help a person win in a chance based gambling games?
No
23  Economy / Lending / Re: loan request | collateral on: June 29, 2024, 01:46:18 PM
I see this more as currency exchange and not lending. You want to borrow $550 worth of coin and give the person in fiat. That is just like currency exchange in form of lending. Why no just buy the coin with the fiat like aliveNFT said already?

You need to let us know your country so that people will know if to have the deal with you or not.
24  Economy / Gambling discussion / Re: Do you think as a gambler we should allocate specific amount to gamble? on: June 28, 2024, 06:15:27 PM
I use 2% of my weekly income to gamble. It is the same in percentage if you calculate it in month but higher 4 times or slightly more in amount. Sometimes I go up to 5% if I really wish to gamble more. I can not go more than 5%.

I think 1% is good for people but getting less than that would be very little for me.
25  Bitcoin / Bitcoin Discussion / Re: Do you also panic when bitcoin price falls more than 10-20% in a day ? on: June 28, 2024, 01:55:28 PM
I invested small amount of bitcoin and I have started another DCA. If the price continues to fall, it would be a profit for me later as it is giving me another opportunity to invest in bitcoin at a lower price.

Bitcoin fall but I do not really see much loss as it would have been with altcoins.
26  Economy / Gambling discussion / Re: Gambling platform require wager on first deposit before withdrawal on: June 28, 2024, 10:22:27 AM
I've recently come across in a platform that has a requirement fora customers to wager their first deposit at least five times before they can make a withdrawal.
This is my first time to encounter a gambling platform like this.
Are you sure it is up to five times? What I have seen before and even the first gambling site that I used requested for is that I should at least gamble with the deposited money at ones.

Which countries side did you see that?

So I want to hear what can you say about this. Is this even legal and good?
This is common. I do not see any issue with it. Maybe because I read the terms of service of the first gambling site that I used and I know all the rules.
27  Bitcoin / Press / Re: [2024-06-28] Bitcoin Attempts to Reclaim $62,000 on: June 28, 2024, 07:22:02 AM
If you want to invest in bitcoin, do you know what you should avoid at times but not all the time? It is analysis. I can remember when bitcoin was rising in price, many of them have been speculating at the time that bitcoin may get to $75000 and then $80000. But bitcoin has been unable to have strong support at $70000. What I think more of is to DCA bitcoin. The price is high right now, it is better to invest with lesser amount of money.
28  Economy / Gambling discussion / Re: The benefits of Gambling on: June 28, 2024, 07:10:06 AM
1. Socialization
2. Income Generation
3. Employment
4. Support to the Gambling Industry
Online gambling do not really help in socialisation because you can be gambling even in a way that people will not know.

Income generation for the gambling perform owners and their workers. Not for the gamblers because most gamblers are losing.

You need to also explain what you listed for it not give wrong information to people.


We've seen a lot of things enough to consider why gambling must exist. Maybe we just correct our views that gambling is bad because this also helps other people. We don't just focus on the bad things like addiction and debts that a person may commit by being an irresponsible gambler but also, must see the benefits it gives to the community and in our personal lives.
We also focus on the bad side as a means of telling people to avoid addiction and not to use more than what they can afford to lose to gamble.
29  Economy / Gambling discussion / Re: Bookmaker's predictive mistakes. on: June 27, 2024, 11:54:07 AM
I would like to explain in more detail what I mean by bookmaker errors: these are prediction errors. That is, when your bookmaker miscalculated the odds and your bet on an outsider, for example, worked and brought you a big profit at a high odds.
Sometimes you will think that the bookies are wrong but when you select the match, the result can be not in your favour. I saw two recently but I did not bet on the matches because I was kind of not to take it. The first was over 2 odd while the second was over 3.2 odd. The 2 odd drew the match while the 3.2 odd won the match after 90 minutes during 5 minutes extra time.  I have won bets like this before also. But I do not look for them, I saw them when I am looking for matches to bet on. It is not often at all to see such matches.
30  Economy / Gambling discussion / Re: basketball or football: Which sport is more profitable in relation to sports bet on: June 27, 2024, 03:22:10 AM
He said that basketball is more profitable than football because of this.
I bet with basketball and tennis less often and I have not lost any bet there before. If I can remember, I have not bet with both more than 5 times before. But if I start to gamble with it like football, I believe everything will change and I will begin to lose just like football. Your experience, how less frequent you gamble and your analyses is what that matters because you can bet with some football matches and win or lose and that can happen with basketball also.
31  Economy / Gambling discussion / Re: What are the merits and demerits of casinos setting withdrawal limits on: June 26, 2024, 12:39:10 PM
This is the reason I felt we can discuss the merits and demerits of casinos setting withdrawal limits. What is your opinion?
I do not think this is what discussing. If I win huge amount of money, I will prefer to withdraw the money at one time. If I am not able to withdraw the money at one time, I will continue to withdraw the money every 24 hours until I finish withdrawing the whole money. I will prefer gambling sites not to have withdrawal limit at all as long as I am verified on the gambling site.
32  Economy / Gambling discussion / Re: Won $4 Million and Died… on: June 26, 2024, 08:42:03 AM
Have you ever had a time when winning a large sum caused inconvenience and did not bring you the joy you expected?
If I win a large sum of money, I will feel good and enjoy myself before I will start a big business. This kind of news should only bring joy and not death. I have not heard of or seen any news like this before. Probably the man may be suffering from cardiovascular disease and that news may trigger heart failure is what I guess.
33  Economy / Gambling discussion / Re: GAMBLE RESPONSIBLY on: June 25, 2024, 03:03:24 PM
That is my personal text. It is good to gamble responsibly. It saves time and money. I always advice all my friends to gamble reasonably.

There was a recent case in Australia where a man lost his entire life savings of $400,000+ in a 48 hour gambling spree.

The gambler lost $12,000 in a single bet and then tried to chase that initial amount but ended up losing his life savings.
Give us a link to the case so that we can also read it. Although we have seen many of it and we have learn lesson for us not to make such mistake.

I am a seasoned and experienced gambler and my one piece of advice to people is to only bet what you can afford to lose otherwise you are setting yourself up for failure.
This can begin with good risk management and having gambling budget. 1% of weekly income is recommended.
34  Economy / Gambling discussion / Re: Components In Marketing A Casino What's The Best Option For Owners on: June 25, 2024, 01:17:12 PM
If the casino has money, he can go for many of the marketing option. The more the option gone for the more people will join the gambling site. The more the options gone for, the more people will think the casino has money and people like something like that.

If there is no enough money for marketing, you can begin with a signature campaign on this forum if you have like $10000 to $20000. But one thing that someone that wants to begin a gambling site should know is that marketing can take money just like the amount you used to setup the gambling site.
35  Economy / Gambling discussion / Re: Does anyone really win the max reward on Free Wheel Spin of a casino? on: June 25, 2024, 12:48:18 PM
The max win would be difficult to win. The max win of the free spins that I have tried before are more than at least 1000x. They are even more than 1000x which I will say is an underestimation because they can even be 5 times more than 1000x or even still more, depending on the game. I have won over $200 before and not more than that. If $1 for each spin, I suppose to win probably $1000 or even more. I have not being towards max win before.
36  Economy / Trading Discussion / Re: How tough is futures in comparison to spot trading on: June 25, 2024, 11:09:05 AM
When it comes to spot trading, it’s easier to trade on a short term and all your analysis are always based on what is happening at the moment in the market, your use of time frame often speculated closely to what could be the case and doesn’t give toom for much surprises. When it comes to future trading, your in for a lot of surprises as, your analysis spans through longer time frame which, gives room for constraints not fully considered to affect the market and you could be affected more than your prepared for if you ain’t watching.
I do not know what you are getting wrong. Probably you may know what you are talking about but mistakenly put spot where future supposed to be. Spot trading is better for long term than future or any other type of derivative trading. Especially if you want to go long and using 1x, why not just buy the coin instead in the spot market. Funding rate are most of the time positive and that means long position traders have more chance to pay the funfing fee to the short position traders than short position traders to pay the fee to long position traders.
37  Local / Nigeria (Naija) / Re: For spot traders. You can start accumulating BTC here.. on: June 25, 2024, 09:22:34 AM
This is actually a good entry point to buy but judging from the market I can still sense mode dip since bitcoin have already 60k close point would be 58k before opening level. Let say within the next 24hrs time we could find bitcoin at 58 or 55k, so to me I will just do DCA to watch how the price goes no one can tell the direction of the market.
Bitcoin got to $58400 on the same day that you posted this but 2 hours and 30 minutes before your post. I mean that bitcoin got to $58400 2 hours 30 minutes before you posted this. The price from that point started to increase and it is above $60000 not quite long after that time and till now. So did you mean bitcoin slightly above $60000 now will fall back below $58000?
38  Economy / Gambling discussion / Re: Thailand to Legalize Gambling To combat Illegal gambling or.... on: June 24, 2024, 08:12:29 PM
I also think that it is a wise decision on the PM side since it is impossible to stop gambling, so why not take advantage of it for the country's development?  Your thought?
If you do not let your citizens to gamble, you are only deceiving yourself because gambling is in the nature of humans. That is why you will see the citizens of the countries where gambling is not legal going to foreign gambling sites to gamble. It is good that Thailand government see this now and know that they should legalize gambling and generate tax from it. Buddhism religion do not totally forbids gambling while they do not also totally support it.
39  Economy / Gambling discussion / Re: Do you look obvious when you win or lose in gambling after you log out on: June 24, 2024, 03:59:30 PM
I do not log out of my of my gambling site account. I always stayed log in and I like it like that. I do not have too much money on my account and I use 2FA. So if I want to withdraw money, I need the 2FA OTP for the withdrawal.

As for if I win or lose. I am happy when I win. I am not said when I lost money to gambling. I win or lose small amount of money that do not let me think much about gambling while I am not gambling.
40  Economy / Trading Discussion / Re: How tough is futures in comparison to spot trading on: June 24, 2024, 02:41:57 PM
Future trading is riskier than spot trading. I always advice my friends not to go into future trading because I know how risky it is.

If you are able not to use high leverage but using low leverage, it will help you. But most derivative traders are tempted to use high leverage and losing.
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