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201  Economy / Gambling discussion / Re: The psychology of betting..... on: May 31, 2023, 07:18:45 PM
If you play as much as you want, you are not limiting your self already. Maybe there are people who are not really in to gambling and they think betting minimal amounts for 20 to 30 rolls in a casino game is already too much for them but most people are not like that. They always can't get enough when it comes to gambling.

These people needs to limit their selves before it interferes with their life. Other than that, it will be better if your wife hold your money for you. If you don't have a wife yet, then you must still have your parents, or other people that you trust the most because once we see our balances, the temptation can always kicks in.
Yes , I completely agree with what you say, it may be that many do not control their way of gambling and that may leave them without money at a certain time , that is why I say if I have , let's say, 30usd willing to lose playing, I do it and I play with all the freedom possible, but without exceeding those 30usd, for me that is having responsibility, and it is as you say, when you have a wife, children, and you want to play in a casino , you should have even more responsibility, because you don't there is an excuse if someone spends the money that is earmarked for the expense of basic things or basic needs for them.
Having a limited bankroll in your casino account can surely help you stay in your limits when gambling especially if you are losing, but the actual thing is to be able to control yourself from the inside and don't follow the urge when it knocks on the door of your mind, because if you can't do that, as soon as you exhaust the money in your gambling account, your hands will reach out to your crypto wallet to deposit more to continue gambling.

The real success in being a responsible gambler is to control the urge and don't let it make you gamble more when you have already lost the bankroll that you had set for your gambling activities, it's difficult, of course, but it is doable, especially if you have a family that you care about.
202  Economy / Gambling / Re: Without money, does it still qualify as gambling? on: May 31, 2023, 01:08:20 PM
And you are right, imo, because gambling, by definition, is about staking something valuable. Yes, some activities, when nothing valuable is at stake, still called "gambling" sometimes, but those cases are the topic of discussion rather on linguistic forums than here in Gambling section.
The reason why many people choose to gambler is to make more valuable profits from what they do. You put your money so that you can make more money which is simple. If you don't bet we'll or have to amounts of luck for you to make a winning, then you are going to lose money totally without getting it back. You win other lose, if other win, you lose. Simple pattern how gambling works.
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If by "other" you are referring to another human gambler, then you need to know that the concept of you winning and others losing only comes when there is a multiplayer game being played and you are not against the house only, because in most gambling games, you are up against the house and in that case, it is only you who either win or lose and mostly you lose because of the house edge.

Luck is obviously the only element that you need in gambling to succeed, otherwise, no matter how much money you carry with you when entering a casino, you will come out empty handed if you don't have luck on your side.
203  Economy / Gambling discussion / Re: Can Chat GTP destroy poker on-line gambling??? on: May 31, 2023, 09:03:00 AM
Unfortunately i think it is a feasible step as soon as chatgpt has full access to the internet it will be possible to program it with the best poker and blackjack games and to play it automatically
ChatGPT or any other AI model having full access to the internet will only have the ability to scrap any data available online, and I don't really think that there is enough data to teach the model how it can become a great poker player as even if it's a game of skill, there is a luck factor in it as well and it's about the cards that are being served on the table to the players.

The model will obviously not be able to memorize almost every single hand that can be made with the cards because there are too many possible hands that can be made using all the cards in a card deck.
204  Bitcoin / Bitcoin Discussion / Re: Can you give one reason why I should buy bitcoin? on: May 31, 2023, 05:30:39 AM
A friend of mine once told me that I can become very by investing in bitcoin and cryptocurrency.
According to him,he said some crypto analyst and experts have long predicted that bitcoin has the largest transfer of wealth and affluent
The world has ever seen and that most of them that are investing in it will be the ones to be rewarded.
I'm certainly not convinced about this information that he gave to me...I want better ideas and  enlightenment on why I should buy bitcoin.I need help please!
This is kind of odd for me, to be honest if someone would talk to me personally and ask me this question I would just laugh at them.
Why would I even convince you? what's in it for me? no matter what happens in your investment it would all be in your hands?
If you really want to get into crypto or Bitcoin do your own research, if the result isn't suited for your investment plan then get out if you think that it would benefits you in the long run then go in, it's just as simple as that.
Yeah I know that we should promote Bitcoin but if you or those people who doesn't know it or not interested in it, would like more information after we give out information about it and explain how it works ask us more on why you should invest on it, I wouldn't argue or come up with any reason it is up to you to decide we had given out the information.
I totally agree with that and I don't really understand the mindset of people who don't get things done themselves and will ask opinion for almost every single thing. If you have heard about something that you are confused about, you should simply do some research and read and learn about it and then if you can make up your mind about it, that's all good, but if you can't, then simply move on.

I don't understand why would others need to convince you to invest your money into something that will benefit you and not them if it's a product or a service that they are associated with, that is another thing, but Bitcoin doesn't even have a referral program, lol.
205  Economy / Gambling discussion / Re: The madness of gambling addicts. on: May 30, 2023, 02:04:00 PM
It's very hard to control emotions because of losing money, not just gambling. But that's what happens when we gamble without good self-control. Sadness will come to us but we still have the opportunity not to be too sad anymore by reducing gambling activities so we can still have money. Everyone will react differently when they lose money from gambling, but everyone will be sad. And the difference is that some may consider it a risk from playing gambling but some consider it nothing because they don't really think about losing money at the gambling table.
I want to believe that the case brought to us here is extremely rare: a grandfather who kidnapped his own granddaughter to be able to continue gambling. But, uncommon cases apart, I think that we all should reflect a little bit before starting gambling, like how much money and time do we want to spend doing that, or one's psychological state and environment.

Because the experience is not the same for someone who has financial freedom and a beatutiful family as for someone who is depressed and desperately looking for an escape route.
That's where responsibilities and discipline kick in, someone who understands that they are obliged to take care of the beautiful family that they have will never attempt to gamble and even if they do, they will always know their limits of both time and funds so that they have enough left from both of these things for their family as they need it the most.

As for someone who has no responsibilities, it is up to them how they want to spend their money, but even such people should be careful so that they don't get addicted as it can turn their life upside down if not taken care of.
206  Economy / Gambling / Re: 4CryptoBet New Online Crypto Casino and Sports Betting! on: May 30, 2023, 09:25:51 AM
hi, more than 30 days I am waiting for my withdraw and nothing I have... I did check your sportsbook and now I am have any ideas about your work in the gambling are...I have wrote more messages to your contacs but your service are ignoring without feddback me...and finaly, I called to your Telegram contact and still without answer...
It probably seems like they are having issues with withdrawals and stuff and they've made a notice post above as well that you should resubmit your request or support ticket maybe so that they can look at it again, it seems like the management of the casino isn't able to take care of their customers so well and that is not a sign of a good casino.

I never recommend gamblers to gamble in new casinos, especially if it's only for a bonus that they want to get initially because even if you get the bonus and manage to win something and even complete the wagering requirement if you can't withdraw your winnings, there is no use.
207  Economy / Gambling discussion / Re: Can i make 100 $ daily from online casinos on: May 30, 2023, 08:25:15 AM
If you can sustain that 1 dollar per day, then yes, that's decent enough to enjoy your success. As logically say, you can't beat the
house they always have that edge against you.

But with good control and with setup limitation that you can really execute without messing it up, 1 dollar is not bad if that can be done in a daily manner.

Though the chance that you will mess up and lose your temper is something that the house will have the big edge against you, emotion
will lead you to lose that's something mostly happened.
Firstly, winning consecutively for many days isn't possible in gambling, and even if someone manages to do that even if it's about $1 per day, they may keep winning $1 for 29 days, and then comes the 30th day and they lose $30 and boom, back to the place where the journey began, so it's basically useless to try and earn money through gambling because it's a game of luck.

If you are lucky, you can win $1000 with just $1 and it will happen totally unexpectedly and not by using some strategy or planning, and if you are unlucky, you will lose everything even if you have $10k and aim to earn only $50 with it.
208  Economy / Gambling discussion / Re: Advice when you are going a bit far in gaming and betting on: May 30, 2023, 07:26:23 AM
That is the sign of a gambling addict. If things like these keep popping up in your mind:

"Play one more session."
"You will surely win this time."
"You can't lose all the time, this time you will surely manage to win something big and recover everything."

It simply means that you have become addicted to gambling and that is the urge which is keeping you restless and wants you to gamble more even though there is no guarantee that you will actually win but your mind will keep saying that to you so that you do it.
You might be correct, though, and I don't really see it as being so accurate. I think most gamblers feel that way, and such feelings don't really happen when someone is really an addict. It can happen to some gamblers, but what's just left for the person to do is show their self-control abilities and also not allow emotion to take the decision but to be in better composure and take the right decision to quit at the moment and repeat back leta when they feel it's a good time to try some luck again.

It really does happen to me; that's how I know, and I also tried to ask a few people, and they confirmed they normally do have such feelings, but just that they control themselves. You know, gambling is not just what I started a few years ago.
Avoiding the urge is obviously always an option but only a few can do that, and as mentioned, if you ignore these thoughts and do act upon them and then you stay restless and can't think of something else or do anything as the thoughts keep messing with you, it simply means that you are unable to control your mind and get the urge away easily.

An addict will never be able to avoid the urge to gamble and that is why they are called gambling addicts, it's clearly not normal if you don't gamble but stay restless, and being restless only goes away when you finally gamble.
209  Economy / Economics / Re: For whoever has, to him more will be given, and he will have abundance on: May 30, 2023, 06:01:52 AM
Quote
For whoever has, to him more will be given, and he will have abundance - Matthew 13:12 NKJV
I am not an economist or business expert, but I have observed that the quoted text from the Holy book holds true in real life. An example of this is Elon Musk. He possesses substantial wealth, investors, and other resources, yet the US government continues to provide funding for his companies, SpaceX and Tesla, while smaller struggling companies with limited funds receive little to no support. In fact, once the government becomes aware of your significant wealth, they tend to offer grants, subsidies, and even tax credits just as what Elon Musk's companies are enjoying. On the other hand, there are other individuals who run similar businesses but have limited financial resources and receive no government assistance. Why does this discrepancy exist? Can someone help me understand this statement from an economic standpoint?

- https://qz.com/elon-musks-spacex-and-tesla-get-far-more-government-mon-1850332884
Though the bible significantly talked about this but is not for everybody, you don't really know what transpired between the US government and him during his early years, sometimes we look at things at face value and neglect some other factors. But if this is true according to your write up then Elon Musk is favored.
I once heard him talking about his story of life in a video, and he said that there was a point in his life when he got bankrupt trying to build a company or something, but he never gave up, tried some different ways and also got some help from a brother or someone he mentioned and then he managed to get success with his company and got a lot of money.

So he obviously didn't get any assistance from the government in his initial days, if he did, he would probably mention that, or can't he? Whatever it is, I'm pretty sure that the government does all this for their own benefit obviously.
210  Bitcoin / Bitcoin Discussion / Re: Awareness as the major force for Bitcoin adoption on: May 29, 2023, 05:39:03 PM
But the question is how big and reputable companies will accept bitcoin as a currency when they are also subject to government control. i think being able to help people have full knowledge of bitcoin requires government intervention, otherwise, it is very difficult. By far, the government is arguably the biggest barrier to bitcoin's popularity.
In my locality, most people in the area have heard of bitcoin, including the elders.  but they don't use and invest in bitcoin because of ignorance and fear of the government, so I think only with government support will we see the popularity of bitcoin.
Well, big companies might not be subject to government control but they can't just start doing things that are not legal in the jurisdiction where they are operating. So if there is a big company in China, even if it wants to start accepting Bitcoin, if cryptocurrencies are banned there, they simply can't go ahead with it until or unless the government lifts the ban.

And governments don't really like the concept of cryptocurrencies, at least Bitcoin's, because it is decentralized and they can't have control over its network and be able to manipulate transactions, block them, delay them, seize funds, etc.
211  Economy / Gambling / Re: Gambling is a choice. on: May 29, 2023, 03:46:05 AM
It is not a wise thought if they think they can multiply their money from gambling. They could see many people who tried to do it lost a lot of money and became addicted to gambling. And if they could think any more, they should never even try it, especially if they couldn't control themselves.

Gambling is gambling and there is a risk of losing from gambling. It's better for them to find other ways to make money so they don't feel like they are losing money at the gambling table. It would be sad to see the money that we should be able to use for other things instead we spend it on gambling.

Maybe it's time for them to realize that gambling must be done with good self-control so they don't continue to gamble and maybe they can save their money for other things. And if they can finally get a paying job, that would be great for them so they don't have to try to gamble to make money. And that's where gambling will be an option for them and they understand that they don't have to gamble.
It obviously isn't wise to gamble only to earn money but if you think that people that have paying jobs don't gamble then you are wrong. Even people with jobs do gamble but there is a difference between someone who is jobless and someone who has a job when they gamble, those with no job will obviously aim to earn money from gambling while the one with a job will have a dedicated amount only for gambling just to have some fun and even if lost, it wouldn't affect their normal life.

That's why, the aim should be not to get addicted to gambling so that even if you have a job, you can still gamble from time to time but it shouldn't be done very often and there should be a budget for gambling that you shouldn't cross if it's lost.
212  Economy / Trading Discussion / Re: Market is seasonal on: May 28, 2023, 12:59:39 PM
It's normal for a trader to experience losses because no one can predict the market and even profitable traders agree that. But there are many traders who win a lot in a bullish market rather bearish. Here in crypto, if the market is bullish you can possibly earn multiple of your capital and can be up to 50x or 100x, it happened in year 2021. A lot of traders even newbie traders are getting rich because most of their strat are working since the market direction was always going up. But when bearish came up they disappear.
Aside from that, I only base on my analysis in the chart, I won't say Bitcoin is seasonal.
In the sense that it has bearish and bullish trends that occur at different times in different years, we can call Bitcoin seasonal. Maybe it doesn't have a fixed season when it goes up or goes down, but since it is volatile and it is always likely to go down when it's up and go up when it's down, we can clearly say that the price of Bitcoin is seasonal.

It obviously is normal to incur losses when you are trading or doing any kind of business, nothing can provide you with constant profits and you will surely have to face some hard times during the course of whatever you are doing.
213  Alternate cryptocurrencies / Altcoin Discussion / Re: Do you trade altcoins during the bull run or just hodl? on: May 28, 2023, 10:38:32 AM
Next year will be my first bull run and have just been thinking about what will be best to do when it finally arrives next year.

Do you plan on just holding till an amount you are happy with or is it a good idea to try and trade altcoins whilst they are pumping to earn even more?
How can one earn more by trading altcoins when there is a bull run? We all know that the market keeps going up when there is a bull run, so if Bitcoin is going up, altcoins will also go up with it. And even if there is a small drop in between, do you think you can manage to gain profits in that time by selling at the exact point before the dip and then buying the dip? It might sound easy but it isn't.

For someone who isn't much experienced, the best practice is to simply keep holding if you have bought at a very good price, and sell when you feel that it is the best price that you can get for a particular coin or token.
214  Economy / Gambling / Re: NAKAMOTO ROULETTE - open and live! on: May 28, 2023, 09:36:59 AM
It’s a nice project, but the Devs been anonymous is a red flag, only crypto newbies will invest in a project that has unknown devs

That said, I wish you Goodluck still
This is a casino, not a crypto investment. I wonder what you read in the info you quoted to categorise this as a startup project. Also, most casino owners don't introduce themselves publicly since it is typically owned by a company not by a single entity.
It might not be really necessary, but most famous casino owners do introduce themselves to the public if they are operating openly having more than one licenses and having partnerships with football clubs or celebrities, that kind of casinos cannot have anonymous owners or staff, but if we talk about small platform like this one, Nakamoto Roulette, I don't think it's an issue if the owner is anonymous.

Someone who might not feel comfortable playing at a casino that has an anonymous owner should simply choose another platform, but I personally don't see any issues with that as long as they are providing good services.
215  Economy / Gambling / Re: Is this considered a safe practice on: May 28, 2023, 06:44:58 AM
You are absolutely correct. It's crucial to exercise caution when providing your credit card details to any platform or service, particularly online. There are some very basic precautions that you need to take, such as checking the SSL and security information, make sure that you trust the payment platform and do not pass the data directly to the site. Even being very careful is easy to fall for scams.
First things first, you gotta get savvy about the latest phishing gimmicks and usual scamming strategies. These scammer often create bang-on copies of well-known sites and lure unsuspecting peeps into dropping their card details. Remember, the more we know, the better we can fight 'em off. Here's a smart move: how about using payment services that spit out one-off virtual card numbers? These digits are made for a single purchase, which means any swiped data's useless for future transactions. On top of that, go for two-factor authentication (2FA) for an extra security layer. Yeah, it's an additional step to log in, but trust me, it's way better to play it safe!
Most of the times, phishing attackers lure in users with free bonuses or spins or stuff like that with web pages that they create exactly similar to the original ones, and when a user first sees that, they don't suspect that it is not a promotion from the officials of the platform that the webpage is claiming to be from, and that is how they fall for it.

They might not always ask for a card or something, but they usually ask for login details and a user that thinks it is from official casino will never think twice before trying to login and claim their reward but later finds out that the account has been compromised.
216  Economy / Gambling discussion / Re: Questions of the day for gamblers on: May 27, 2023, 09:41:19 AM
If a casino claims to decentralized,  then I believe  same thing should also apply to their games and transparency  should also be seen to prove this decentralization.

Well I don't think one should boldly hit their chest to claim good when playing on slot machines because these games are basically  luck base but of recent I've heard of slot machine who gives extra chances to players to show their skills which means slot is also skill based but I think its more of luck than skill.

I don't know  of any slot that has to regulate their own games and I wouldn't have to even play on such slot machines if I ever get to find out that the games are been regulated by them because there isn't any chances of winnings over there.
But in reality, decentralized based casinos ask their members to do KYC especially those who manage to win a lot of money. That's because the government is watching them and trying to pressure them to follow the government's rules.

The casino could use or arrange its original slot game because it's already there in the casino and not from a third party. But if they do that and get caught by the members, the casino will be abandoned because it's unfair. Even though some gamblers often play real casino slot games, this can disappoint them.
For now, there are no rules and regulations imposed by authorities over decentralized casinos or any other decentralized platforms, so there is no need for KYC at the moment for decentralized casinos, and if they ask for it, it simply means that they are just collecting their users' personal information that they may even misuse.

Authorities will surely start hunting down decentralized platforms as well as soon as they start getting significant success and people from everywhere start using them, but for now, there isn't much popularity for decentralized platforms.
217  Economy / Gambling / Re: How does AI gambling sound? on: May 26, 2023, 11:28:31 AM
You`re right about AI that it is about analyze. But the same time the AI can analyze human play and to predict what the man can do in such situation. It can be the same with the chess computers - they analyze the situation on the table to compare it with all the games were played to choose the best from them. The only thing the AI can`t predict well is casino games with the random.
AI gambling sucks to some gamblers while sone admit it as an advanced way of gambling in this modern technology, but it is very important for us to know that AI is not applicable innall aspect of gambling especially when we are talking about live games in gambling, the casinos can make use of the AI because they are being programmed in such a way it work with the system, but could they be as effective and accurate in our bets ehile we gambles all the time that such guarantees our winning whenever AI is being involved while gambling, this need a more serious discussion with an understanding in clarity.
I think we need to stop discussing this over and over again and accept that AI and gambling have no match at all. Artificial Intelligence is not yet designed to be compatible with any kind of gambling whether it's sports betting, poker, or any other gambling game or activity. If one tries using it to get instructions and gameplay techniques, it might repeat the same things already available on the internet, but it won't come up with anything new.

That is why, we should simply just forget this and move on for now, and when the time is right and AI becomes compatible with gambling, we will definitely come to know about it and then we should discuss it and try it as well.
218  Economy / Gambling discussion / Re: Gamblers understood the game on: May 26, 2023, 08:58:03 AM
How many times have you successfully invited some gamblers to online casino? What is your experience doing so?

In the past I've already made good money using affiliate links, advertising in different places of my favorite casinos.
But that's not exactly an indication and I think that's not the OP's focus.

Personally, I have never invited people I know, firstly because I don't like to expose myself to friends and relatives about my relationship with cryptos, it's something only my wife and son know.

Second, because gambling is extremely addictive and we know that few people know how to control the impulse to spend endlessly... I don't want to have the guilty conscience of knowing that I contributed to ruining the mental and financial health of someone I know.
It used to be easier to get random referrals in the past because platforms were not so popular back then and not a lot of people used to use online casino platforms you could easily find people who were not already a member of a casino by the time you invite them, but these days, almost every single person who has an interest in gambling is already gambling somewhere.

So it has become a bit difficult to get referrals, especially through social media or other such mediums where you could previously share your links and find people interested in the service or platforms and you could easily guide them through and get an active referral.
219  Economy / Gambling discussion / Re: A Nigerian Father Rejects Son's Gambling Win on: May 26, 2023, 08:12:00 AM
How do you see the father? Was he right by rejecting the son gambling win?
This isn't about whether the father is right or not. This is about the father trying to save the future of his son. A male child who is living with his parents and is into gambling may still be less than eighteen and that is underaged betting. Imagine if this boy starts gambling at this age what belongs of him and his future. He should be out there learning a skill or acquiring some education that will improve his odds at succeeding in life and not the meagre money he has won from sports betting.

If the dad didn't do that, then he would have passed a message to his son that it okay to gamble and waste his time at a betshop when he knows that he should be out there chasing his dreams. Great parenting  if you ask me.
That's probably right and it looks totally the correct move from a father figure to his son in order to school him about how bad gambling can be and that no matter how much one might have won at a time, it can still ruin one's life if the frequent interactions with a casino turn into an addiction when he grows up, that will probably be a nightmare for his father to see his son in that situation.

Parents will always do the best for their children and they won't change their minds only for money since money might buy everything and give them a better life but being parents, the happiness is to see their children grow responsible and become something in their lives.
220  Economy / Economics / Re: Success in finance and investment is a journey of finding your true self on: May 26, 2023, 06:20:39 AM
Well I was confused at some points if I was left out of the entire circle because I don't play games and I don't even let people see me spending time on digital world.

I also agree with you at some point when you said that people see other people who invest their times on exchanges and financial  markets as wasting their time while see people who spend more time playing game as the opposite because this is a typical  scenario  in my country where everyone who spends  time online is regarded as an internet fraudster but see the once who rather play games as responsible 🙄
I almost felt you were from my country but I don't think you are but nevertheless one of the reasons these things happen is because of the negative  news  and rumors been spread about cryptocurrency  which has already made alot  of people develop hatred for the digital asset and one way to help comb is act is simply through proper sensitization of the community.
Why is no one talking about those who find success in gaming too? Those who love playing games can even get success in gaming if they take it as a career for themselves. There are countless people all over the world who earn money for playing games, they participate in tournaments, they do live streams, they do endorsements and partnerships, and there is a lot to do in the gaming industry as well for a gamer.

So it's obviously true that finding financial success is basically finding your true self in whatever you do, if your interest is more towards trading and financial assets, you will get success in that, and if you love playing video games, you can even find success in that, it all depends on your dedication and hard work which eventually pays off.
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