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May 24, 2024, 07:07:33 AM *
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21  Alternate cryptocurrencies / Altcoin Discussion / Re: Memecoin specifically for holders.. on: May 17, 2024, 11:53:21 PM
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Yea no. I don't even know what Arbdoge is so I don't really get what you're trying to brag about them in the first place. And "may know" is probably the dumbest way to advertise someone. Anyway holding is probably the concept I'd put very far from what memecoins are, if you were shorting then if you know what you're doing and can time it luckily, then yea, you can easily profit. I've mostly been looking at PEPE right now (don't want to think about multiple meme coins) and I've been profiting on and off of it since it's been pumping and dumping 5% ish at a time pretty often.
22  Economy / Economics / Re: Hyperinflation - Will it lead Countries to Adopt Bitcoin? on: May 16, 2024, 11:25:40 PM
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Wouldn't Bitcoin just protect the value of their own individual assets? Even if the government themselves started mining BTC, there's probably going to be a light impact, if not zero with regards to their economy. I don't think it'd ultimately help the country in improving their economical situation, that would stem from the governance itself, not the currency used.

Not to mention Bitcoin is a highly volatile asset. Yes, the country's inflation is high, but BTC's volatility may be a lot more damaging in terms of reducing their assets value in a shorter amount of time in some scenarios.
23  Economy / Gambling discussion / Re: Does destiny has influence in the amount we can win in gamble? on: May 16, 2024, 09:49:23 PM
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I wouldn't say that reading stuff here in the gambling board would be enough to make a judgment about stuff like this. In the first place, rare are the people who'd actually share a win here in the first place. You'd probably get as you've seen people complaining about losses or not hitting it big so just that makes it already a biased source of information.

As for attributing it to destiny and whatnot, who can say really? In the first place gambling became particular because of luck, and no one can really say anything factual about it. Personally, I don't think attaching much meaning to it makes sense, it'd just make you expect more lol.
24  Economy / Gambling discussion / Re: Is Casino Community Service Possible? on: May 16, 2024, 09:07:31 PM
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Oh my brain assumed if it was possible to render community service in casinos lol, gotta take my morning coffee first I guess. Anyhow, I reckon casinos themselves engage in such activities, or similar to them, kind of like how politicians would suddenly go on and do some activities that show that they're "kind". Now I don't know exactly whether community service has been rendered so far, but at the very least they've done some help to the community.

Not that it serves to do anything imo, it's just peanuts to them and the help rendered isn't supposed to be something we're eternally grateful for. Yea, we can be grateful but that stops there, it's called "community service" for a reason. Pretty similar to how the Govt't keeps pushing out projects that look good, but not ones that really help the people.
25  Economy / Gambling discussion / Re: What's your slices Luck that would have made you millionaire in gambling? on: May 16, 2024, 12:10:55 AM
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None really. I guess the lottery ticket I bought a few times before would be my best bet? Never made a bet over $1000, so I highly doubt I would've hit a million winning bet in the first place and I'd probably never go past it really even if my monthly income does increase gradually. It just doesn't seem worth the risk, not to mention I don't particularly give a damn about getting rich through gambling.

I do agree with increasing the amount though. Naturally, the higher you have the higher you get back, but also the higher you lose. Not particularly sensible really, but in terms of results then yeah it maths out.
26  Alternate cryptocurrencies / Altcoin Discussion / Re: Thinking outside The Box as a Gamer. on: May 15, 2024, 11:47:30 PM
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Sigh, if only stuff like this was real. I think the best game I had that I actively participated in market trading was Albion online. It was massive and for the most part, the only thing you'd be doing is actively buying and selling stuff to make a larger profit (compared to grinding at least).

With crypto-related NFT games, long-term economy just dies off massively. Idk how Albion online handled bots, but NFT games suck at handling them. Well, they're not even bots in general, just a massive amount of people. When they start a massive sell-off since they don't give a damn about the games long-term economy and just want money, the game just crashes down, and for the most part, the game can't handle it. I'm all for it if people want to earn really, I myself would do it, but if it's a game, I'd honestly want it to last for a longer time without getting destroyed inside out by itself.
27  Economy / Gambling discussion / Re: Why People Naturally Chase loses in gambling.. on: May 15, 2024, 10:27:26 PM
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Yup. We naturally as humans lean in more towards winning than losing, so when encountering a loss, most, if not all (there's some special people out there) would most likely try to recoup it to the bare minimum if possible, and profit at maximum. It's nothing wrong, heck even if you lose a couple of times recouping I reckon it's completely fine imo. But just like in most things, there's also a limit to it. Recouping a singular loss from your gambling session should always be limited by what you can spend to try to recoup it, and not more. While it looks simple, it's hard for most people to handle. I'm pretty glad I learned how to handle limits early on really.

Other reasons can simply be that you have no more money left lol so you're trying to get back what you can. Or an emergency. They're more external than the idea that humans inherently try to recoup losses, but they can just sometimes be a front of sorts and the real reason is still us, trying to chase losses itself.
28  Alternate cryptocurrencies / Altcoin Discussion / Re: Have you been profiting from memecoins? on: May 14, 2024, 11:23:35 PM
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Recently have yeah. Pepe recently had a 10% pump, managed to pull out at around 7% ish and not touching it for now. As much as I hate memecoins they can pretty much generate some short term profits if you manage to get lucky enough. I got lucky right now with it, but who knows, I might lose that 7% profit in future trades of some random memecoins. Honestly wouldn't try it out unless you have some extra funds lying around you wouldn't mind spending. I tried it myself cause I saw how often it jumps around (My coins wallet kept updating me with it lol).
29  Economy / Gambling discussion / Re: Did gambling losses are traps to new game on: May 14, 2024, 09:25:12 PM
”He added when the gambling loss was increases,most of us will do the gambling to recover the old loss.Because no one earning money without work,So our wish will be to balance the old losses in the gambling site.Share your opinion on this.
It's true to some sense, but it only stays at "want". Doing it? Nah, pass. It's pretty easy to recognize how it's just going to trap you in an endless loop of "wanting" to get back your losses lol.

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You lost simply because you lost, no need to overthink. If you think it's because of the algorithm ,by that same logic then all casinos would make you lose, so why bother gambling at all? Every algorithm for each game is designed to create a pseudo 50-50 chance scenario, simple as that. The sad thing is most people expect that if they lost once, twice, thrice, then the chances of winning the next one would increase. No, the algorithm doesn't take that into account in the first place lol.
30  Economy / Economics / Re: Banks have money but they don't cooperate on: May 14, 2024, 09:09:57 PM
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Ah yes, trust the random dude who called up and said a random asset would go up infinitely high. Yeah, in hindsight it seems true, but banks don't look at things after it has happened, not that they can in the first place. If they could they would've probably been able to control the entire worlds money flow.

Regardless of whether your friend had knowledge or just assumptions, banks wouldn't work ever with him/her if they didn't have anything similar to collateral that could work. Even slapping them with a bunch of documentation and paper about how the market would go wouldn't work because in the end, those are all assumptions. This kind of imagination only works on hindsight op.
31  Alternate cryptocurrencies / Altcoin Discussion / Re: Open source code doesn't mean anything as long as it's CBDC on: May 13, 2024, 11:01:43 PM
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Did they mistake open-source for something else? Lol. At the end of the day THEY are the ones who are going to use it, distribute it, and set the laws. Being open-source has no relation to what they're planning to do lol. If I was able to say, make my own laws when receiving their CBDC in my store then yeah maybe it'd serve some purpose, but otherwise it's just policymakers being dumb a f and going to the route of how famous projects are lol.

Well at least they're open with how they control us, should I be glad about that? I don't think knowing the behind the scenes would update me on how the government works, I already know about it.
32  Bitcoin / Bitcoin Discussion / Re: Tesla may once again accept bitcoin payments whether this is capital snobbery or on: May 13, 2024, 09:50:43 PM
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Where is this tweet exactly? I scoured his tweets for the past week and there was none related to resuming BTC payments. At least that, or I just suck but well give me proof of it at least.

But anyway, if it was true, considering his influence on DOGE holders who knows, there might just be a wave about it. As much as some people hate him, he has a big influence overall among a lot of people so its no surprise if it actually happens. Personally though I don't really give a damn, and neither should most people imo. In the first place he became famous in crypto in general because of how he was one of the first few big name supports for crypto no? That phase is pretty much over I'd say.
33  Economy / Gambling discussion / Re: Do you prefer the crypto online gambling or regular fiat casinos gambling? on: May 13, 2024, 09:17:07 PM
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You talking about casino coins/chips? I don't think they have a difference. It's a mentality thing here imo since it's common sense that chips hold some value that casinos dictate so that players can use them inside the casino. In your example even, walking in with a $50 and walking out with $40, that's still what happens with chips, you don't exactly walk out with chips after all lol, you change them out to money.

Now if this was about crypto, and trading in general, well yea, I'd consider thinking it's similar to gambling as dumb. If it was about the value then to each their own, but with considering it different to gambling then cheers to that mate. Being spent as a currency though, they're pretty much the same, I see no difference. They're called a currency for a reason, and if both parties agree that they have value and are willing to accept it, why bother arguing? That's how all trades started after all. Rejecting that pretty much rejects history.
34  Economy / Gambling discussion / Re: A Max Win is the worst thing that could happen to you. on: May 12, 2024, 11:06:46 PM
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Would definitely do, I just hope I remember it lol. I've pretty much given up on trying to skip it and there's a LOT of problems that can come up whenever you try to KYC late in the game, as proved obviously by a lot of other people. Would rather do it now than then since no matter what, I'm still going to do it.

As for max win, not really. I'd much rather be afraid of being in a casino with an ass support. Getting a max win on a casino with good support can potentially be pretty comfortable since they'd be willing to help you but with a bad support? Goodluck even finishing KYC>

Idk about the third one, that's more legal ish in terms of answers imo. Wouldn't say it's money laundering though since it's under the casinos own legal terms if I was asked about it.
35  Economy / Speculation / Re: Falseful speculations about bitcoin predictions and its halving on: May 12, 2024, 09:43:59 PM
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First, the halving isn't about the price, it's about the rate the miners can mine new coins. Price has no direct correlation to whatever the halvings does, it is in no way indicative of what the price of Bitcoin should be. As you've said, it's mostly speculation by us (and from what history did) and it's pretty easy to see how the expected effects aren't immediate. Honestly, this current period looks great for people to buy in imo. A lot were screaming that they were late when we pumped to 60k, well now that we're just waiting here you can now not be late.

And tbf, speculations are speculations because they're not true nor false, so to call it falseful sounds kind of wrong Tongue.
36  Economy / Gambling discussion / Re: Losing all your fortune with just 3 years on: May 12, 2024, 09:02:11 PM
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Why does it look like it'd take more time to handle the issue, there's even witnesses and even the staff themselves have said that they let Watanabe gamble under the influence of alcohol. I was about to question why it's not a law that they shouldn't gamble under its influence but it seems like it's already a thing. And jesus christ, being the sole source of 5.7% of a casino's total profit in a year is freaking insane. I'm just weirded out how it took that much for him to notice that something was going on.

I hope he wins the case
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There is no limit to how much money a gambler is willing to spend to satisfy his desires at land-based casinos, unless the government has set specific rules. I don't know if there is such a rule where gambling has been legalized, but if there is then it will certainly help a seriously addicted gambler to stop midway when he has reached his limit in a day or in a month.

Online casinos have asked and told their customers to gamble responsibly in their TOS. Customers need to read it to be aware of the signs of addiction and how to minimize it, but addiction problems are the most common among regular gamblers. Losing such a large amount of money is very sad, but in this case who is to blame?
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If it was pure addiction then yeah, the fault lies among the gambler. But it seems like this addiction was under the influence of alcohol, and trusting the article, it seems like the Casino law itself states that it's not allowed.

From the article:
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Now he has filed a civil suit, claiming casino staff regularly plied him with alcohol and painkillers in order to keep him gambling. Casino rules and state law both say anyone who is visibly intoxicated should not be allowed to gamble.
37  Economy / Gambling discussion / Re: When did you realize you need to be a responsible gambler so you can continue ? on: May 12, 2024, 10:19:29 AM
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I am a responsible person now but it wasn't till a couple of years of gambling lightly did I realized that I was turning heavily into it so I needed to manage how I do so properly. It was kind of a gradual process, the more I started to gamble and the more I started to increase the wagers I did, the more I realized that I had to set some rules that I need to follow 100%. It was hard at first, I often skipped or ignored it but it gradually improved over time and since then, I luckily haven't had any big issues with it.
38  Economy / Gambling discussion / Re: Expertise in Sports and Sports Market Knowledge on: May 12, 2024, 04:51:56 AM
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The sports. Why in the hell would I give a damn about the betting market? Is it because you'd only look at the odds all the time so bias is nonexistent? That's just bs. Darkhorses wouldn't be a thing and people wouldn't have been able to hit it big sometimes if odds were always correct. Yes the odds usually have all the info that bookies gather to judge, but it doesn't mean that it's the end all be all of things. The people who make the odds are in the end people as well, they simply turn the statistics into a question of is it A or B, and anything in that process doesn't guarantee that whatever they decide as higher or lower as facts.
39  Economy / Gambling discussion / Re: What you think about Casinos rewards? on: May 12, 2024, 02:37:20 AM
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No. I mean I might get incited by the obvious ones that they provide but I rarely try to maximize whatever rewards that they give out. It's to the point where the rewards are rather diminishing in terms of efficiency by the middle or close to the end to the point that the time (and money) spent on it wouldn't actually be worth it.

Well in general most casinos provide almost the same bonuses and the like, with minor differences here and there so I highly doubt it would evolve into a big issue for someone. That doesn't mean that they're not important though since the fact that said features were normalized already signifies how important such stuff is for most casinos.
40  Alternate cryptocurrencies / Altcoin Discussion / Re: Who's responsible for the dead coins? on: May 11, 2024, 01:09:03 PM
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Wouldn't it be the team? I mean they're the ones responsible to the development to the marketing the release after all. Investors are just there to slap the money to the teams hands so that they can use it to either improve/reduce the time it takes for the project to develop or to market the coin itself. Investors rarely have a say, or at least full control of what the coin would actually do moving forward. They have some sway in it, but that's about it. In the end responsibility would 100% lie on the team that handles the coin 24/7.

In a sense you can say that investors are simply the money involved, the brain is the team behind it itself, and the brain is the one that makes decisions on how to spend the money, not the money itself.
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