Well,5 times consecutive lost is nothing nowadays,the games are software controlled and they can even make you lose like 100 out of 100 plays,in real life if you toss the dice 100 times to red at least 1 time will come red if not much more or in the black,during roulette playing that is why they have put limits to martingale strategy as if you have unlimited budget you can increase it by playing all day and doubling your amount,so to make a long story short martingale works only in theory,in practice gambling houses and casinos have put limits in place to make it not work,so in other words martingale as a strategy only works in an ideal world,which unfortunately does not exist for any of us.
Not even only martingale strategy. I have tried many other strategies and all have the same end result which is failure. What I noticed about the strategies including martingale strategy was that if you try them for short period of time, you can win little amount of money, but after you continue to use it, you will notice that you lost all the money and losses become high. I have looked for many strategies in the past but all failed and I relent because I finally knew that gambling should be for entertaining yourself because it is like the gambling sites are rendering you services to only take your money. |
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It would be good to have more coins for deposit and withdrawal. I will suggest you go for a stable coin also for deposit and withdrawal. USDT is the most common stable coin. USDT on Tron blockchain which is called USDT TRC20.
I also think you need to work on your UI. This UI is the basic, you need developers to get you the main one. I have seen many local gambling sites used this type of UI before but they will have the main one and the lite version. The one you are using is the lite one which will be easy to load and takes just little of someone's data and load faster.
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Somehow that's true, especially here in our country, the famous land based casinos are not really charitable but not sure because maybe later there are people who support and help them but they don't just broadcast it on the news or any media sites, but when it comes to their employees, they are gallant and even offer scholarship programs for employees, can we consider that as part of their charity works?
Casinos are not created for charity, they are created for gambling. Casinos are also not create for community service but they are created for gambling. The casinos employed workers just as you said and they abide to laws and order and pay tax. What else again? If casinos are doing charity or community service, they are just doing that to help the public and not their work. There are many businesses in life and they focus on their aims and objectives. |
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In my experience it was a scam casino, i will not say the name to avoid users becoming a victim, but i will tell my experience.
What did you mean? You gambled on a casino and it turned out that the casino is a scam casino and you were scammed but you did not want to tell people the name of the casino for people not to become victims of the casino. That is wrong. You will tell people the name of a scam casino so that people can stay away from using it. If you do not tell us the name of the casino, then what is the point of your post. |
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With the help of the OTP, if enabled, it will reduce the number of hacked account cases, as it won’t be easy for anyone to have access to your OTP app unless they hold your device.
The 2FA is an additional layer of protection but if you are careful enough with your username and password and not tricked to enter it into another Bitcointalk-like website which will reveal your password to the hackers, that should be enough with the staked bitcoin address. Since the 2FA was implemented on this forum, I have not gone for it. I use a strong password. It is truly an additional layer of protection though. To add to what @Bitmaz said, it was added last year December because of accounts hack, and last year a forum member said someone login to his forum account and use his account to take a loan without his knowledge.
A thread was created to seek from forum members opinion on 2FA security which most posters accepted. I believe that there will be less hacks on accounts with active 2FA.
I do not agree with this because it has been long since people have been asking for 2FA on this forum but members will say strong password, not entering your password and username into Bitcointalk-like website, and email account protection, with signing of bitcoin message is enough until PowerGlove proposed 2FA and theymos allowed it. If PowerGlove did not proposed 2FA login, it is possible that we may still not have 2FA enabled for login on this forum. |
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Isn't education about gambling prevention or gambling addiction has been exist since long time? I remember there was few non profit organization conduct a seminar when I was a kid.
Gambling education could have been existing since a long time ago but not common or not existing in some countries. I can say that there is nothing like gambling education in Asia and Africa. I do not think it is common in North America, Europe and South America and Australia. We only even saw this today but which could be ineffective. What we noticed more is that gambling is becoming more common among teen and the under aged are not given a better education on gambling. |
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Bitcoin is not centralized electronic currency, it is a decentralized digital currency. Where did you see such wrong information that bitcoin is a centralized currency?
Bitcoin is possible in physical form like Casascius Bitcoin which contains the private key of an amount of bitcoin but government will not make such project to move forward.
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You can use it to search for members on this forum. After you clicked on it, just click on search for members, you will see where you can write the name of the member and search for it.
I used it before I started to use Google search instead. But Google do not bring the name of brand new members but which the search for can be useful for.
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My question is essentially, what difference does it make to make an agreement with Coinbase to hold your bitcoins in their cold storage, than buying an ETF? An ETF can't provide more "funds safety" than a Coinbase cold storage. How is the ETF more significant than that?
ETFs are not moved but completely stored somehow safe. It is good for multisig and cold storage together which can be more layers of protection if done well than Coinbase that their customers can decide to withdraw their coins at anytime. I am not saying that the storage will be better for ETFs but it will likely be better because the coins remain not moved unlike Coinbase that still have to move some coins. Because of how exchanges are and customers moving money is the reason exchanges make use of hot wallet but which is not needed at all for ETFs. I have not gone deeper into ETF because I do not like it at all than for more bitcoin adoption but I think if I want to set up an exchange or bitcoin ETF, I see the bitcoin holding safer with bitcoin ETF. Coinbase is the custodian for Blackrock.
This is not good at all. I did not know it is like this. I am using my knowledge to discuss it before. If they have it with Coinbase, I see no difference. But Coinbase may agree with Blackrock to hold the coins on cold storage with multisig. Bitcoin for ETFs should be very easy to protect. |
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The ETFs are more secure than the bitcoin on centralized platforms like Coinbase because they can only be traded on the centralized exchanges, unlike bitcoin on Coinbase that can be moved to a noncustodial wallet address by a scammer or a hacker which can not be freezed by the central authorities like the exchanges.
But the reason I do not like bitcoin ETF is because it is not bitcoin itself. I will prefer to hold bitcoin instead. I mean the coins that is fully controlled by my own private keys and not those centralized platforms private keys or ETFs.
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I know there's nothing wrong in using fiat for gambling purposes and many gamblers prefer to use it instead of cryptocurrencies but it's hard to get privacy when using fiat and that's why I avoid using fiat for gambling purposes because that somehow ruins the privacy part of it.
But did you know that many people are using casinos that accept cryptocurrencies, they did not provided KYC documents and thinking they are having privacy. If they read the terms and conditions of the casino, they will see that KYC is required and if they win and want to withdraw, the casino will ask them to get verified before they can withdraw. Some casinos will only give their customers withdrawal limit and if the customers have been withdrawing and passed the limit, the casino will ask for KYC. Reading casino terms and conditions is very important. |
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I am using a different browser recently because it has dark mode which I like so much. I wanted to enable a notification on a topic and I saw what I wrote as the topic title. You can see it yourself  I went back to my old browser because I have not uninstalled it. It did not show anything like this. But I am curious to know what could be the meaning of it if I mark it. |
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I can be a scammer and come on a forum with no or little effort saying I am selling bitcoin or other cryptocurrencies just like DanyBTC_C is doing right now. I think anyone that wants to sell bitcoin will come up with a rate which he will constantly change on this forum as bitcoin price is changing. I am also expecting him to list the payment methods that he is going to accept. But he came as simple as scammers can come. I do not trust this seller.
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This sound exactly like greed to me - I agree with the fact that all human are built to always chase after something they have lost and try to regain it back but not all of them have that mindset to get more after they have successfully regained what was lost - only a few of them who feel that luck might still continue to be on their side they are the ones that end up losing everything.
I do not see this as greed if we are talking about gambling. What I see that is greed in gambling is not when a gambler is losing already and chasing losses. We call that chasing losses. But what we call greed is when the gambler has won significantly some amount of money. Instead for him to quit, he will continue to gamble. Later the game might not favour him and loses all the money won and also loses his own money. |
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@YOSHIE, I think you know OP is not referring to only CEX.io but centralized exchanges generally. Do you guys think CEXs are still worth it? Let me hear your thoughts
Centralized exchanges are still used more for derivatives trading like perpetual futures and options. Many people are still also using centralized exchanges for spot trading. Some people visit their launchpad and launchpool. They are also using their staking but which can be done on noncustodial wallet. They have coins that you can stake and have APR. Just use a reputable centralized exchanges. Do not hold your coins there is what that is important to know. |
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My conclusion is that staff are moderators. Although theymos will be the one that can give good answer to this. I think all moderators are seen as staff but some other people may not be a moderator but have works that they are doing that theymos employed them for but I do not think so. I think theymos later call moderators that he chooses later as staff, example is OmegaStarScream. Moderators elected during OmegaStarScream are called staff on their profile but moderator on each of their post. Recently theymos called the new moderators as staff both on their profile and while posting you will see it as staff now.
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People should check the background or character of the people they entrust their money with, but unfortunately, some people are so good at hiding their character that they only get exposed when the deed is already done.
Some people do not hide their character but they may disappoint. That is why we should not trust our money with anyone because anyone can misappropriate people's money. What the person will notice is that he spent the money on gambling thinking he should double it and not use it to gamble again but seeing himself losing instead. But we can still say that it is indiscipline because it is easy to know that the loss can not bring anything good than shame and punishment. |
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Nope its not actually a failure but rather it depends on the person who's using it since if they have a attitude where this people became so greedy when getting good profits on one of their gambling activities done then provably this will really result to a failure since greedy individuals are usually goes broke because they don't have something to follow and they lack of discipline so result is really bad for them.
Martingale is a good strategy but it is also a bad strategy. It is good because it can increase the chance of a gambler to later win huge amount of money if he still have bank roll that is enough to win huge, but ones you lose like 5 times continuously, it would be a big loss. The best is to not gamble for money because martingale strategy is likely to fail and it would be a big loss for the gambler in a way he may not be able to recover the losses ever again. I prefer to gamble with just little amount of money and not go for strategies that I know will bring me problem of money loss. |
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I love the trick mate because this will prevent us from playing outside our houses or offices and with that we will be limiting our betting chances and of course losses
I gamble on mobile phone but I do not gamble when I am out of home. If a gambler is addicted to gambling and he is not having phone but having only just laptop, although not possible but just saying, you will see the gambler as an addict charging his laptop and gamble as long as he still have money in bank or coins on crypto wallet. Addiction is not about using phone or laptop to gamble, it is from within the gambler. |
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There is a way to check the fairness of the game if you think that the casino is resorting to manipulation, you never blame the casinos when you're losing you understand that the house has an edge, and you agreed to play with it, with a reputable platform they do not use a trap because everything lies within your choice to play and bet and you decide on everything you do, casinos are game of luck there is no algo to follow like the martingale.
Martingale is newbie alibis while they are losing when they think it's a proven algo to win a game when, in fact, it's not.
If you can be good with small amount of money profit and if you win ones in a day you will not gamble for that day again, you can go for 3 odd games and go for martingale for like $25. In any stage that you win, you stop gambling for the day. You can start with $1, then 3, then 9, then $18 and the last is $25. If you win only ones, you will stop gambling. I guess you should be able to win at least one time out of 5 times. But it is dangerous. |
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