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201  Economy / Gambling discussion / Re: Do you have an idea in percentage how big gambling industry's contribution? on: March 14, 2020, 06:54:40 AM
I think the contribution of the gambling industry is more on the tax. I can't think a lot but the other one would be that gambling industry offers more jobs for people, you don't need degree to work at the casino. If we are talking about the whole gambling industry then these two that I mentioned would be applicable but I don't know much about the online gambling industry. I hope they too are paying taxes cause that helps a lot in order to keep the society functioning.
202  Economy / Gambling discussion / Re: Gambling addiction threads on: March 14, 2020, 05:11:56 AM
I don't think it helps a lot because if people are addicted then they are ignorant to their flaw because they are afraid that people will judge them and that they think that they don't have a problem. This threads only help people who are trying to help gambling addicts. In short, these threads don't cure addiction but helps other people who are trying to cure gambling addicts.
203  Economy / Gambling discussion / Re: Poker talk - Specifically Hold'em - Hands and or strategy on: March 14, 2020, 04:14:32 AM
Bluff is very hard to identify when you are playing online casinos because you don't see their facial expression. One good tactic when playing online is playing a bigg bet real quick so they think that I have a good hand this throws off their mindset even if they play a good hand, they wouldn't risk a play against an unpredictable player. Psychology works really well when you play poker.
204  Economy / Gambling discussion / Re: Is gambling a threat or fun? on: March 14, 2020, 03:26:53 AM
This question is always on my mind since then until now. I want to know the opinion of everyone here on this platform. I know that we have all different perception about gambling, so I respect what will be your point of view about that.
I think that the border between threat and fun is hairs breadth, one day you are having fun then the next day you are addicted. I consider gambling as a threat because this is is just an elaborate ruse for the businessmans to get the consumers money. You might be having fun, but that is because you are playing with your friends but when you are not playing with friends then you will lose track of how long you have been playing so I consider it a threat.
205  Economy / Gambling discussion / Re: COVID-19: Avoid casino, play online on: March 13, 2020, 03:31:30 PM
Why give them only one choice on what they are going to do with their inside their houses. Yes, you can still gamble but please think of other things that you can do. If I may I can recommend  something. Read a book about anything you want it depends on you. Use that money in other things such as investment. We can all still play but don't tell other people that their only pasttime is gambling, try other things I daresay again.
206  Economy / Gambling discussion / Re: What are the terms you decide on which casino to play? on: March 13, 2020, 11:43:17 AM
I would go for the reputation, pioneering and legality of the casinos. Reputation for the reason that it is common sense that when there is something fishy with the reputation to your casino then people will instinctively will not play in your site. Pioneering, people tend to trust casinos that have been through for a long time because that displays a sign of trust too. Legality, if you are doing something illegal under the nose of people in authority, there is a chance that people that are playing in your casino will also receive the sanctions and damage you might render.
207  Economy / Gambling discussion / Re: Coronavirus and it’s impact on sporting events - please add on: March 13, 2020, 07:42:16 AM
This event postponing is the only way to go because the disease has been declared pandemic, plus this games could wait, they do not want to risk their personnel, players and attending audiences contracting and spreading the virus just for entertainment and sports. Safety is the number one priority right now. I think a lot of people could agree on the fact that this contagion is threatening. On the brighter side, this can help in making a rest and recuperation for the players because they are going to need that when this problem is over for millions of hyped fans who is excited for this events
208  Economy / Gambling discussion / Re: DOTA2 The International 2020 on: March 13, 2020, 06:45:21 AM
This are good betting sites but if understood the OP correctly. Does any betting facilitate cryptocurrency as a means of payment instead of dota2 skins or what they call cosmetics. I am also a fan but I think esports betting with cryptocurrency do have a potential.
209  Economy / Gambling discussion / Re: What is the position of the gambler in the market? on: March 13, 2020, 05:47:47 AM
The gamblers position in the market is just a fancier name for consumer, you are consuming the commodity of entertainment and that is all there is to it.
210  Economy / Gambling discussion / Re: About Compulsive gambling. on: March 13, 2020, 04:49:59 AM
I suggest that if you feel that you are like that, you may visit some professionals to help you

And how's that supposed to work in practice?

As you say yourself, "compulsive gambling is the uncontrollable eagerness on gambling" (personally, I would say urge or obsession, but it doesn't really matter). If you don't listen to your family and your friends anymore, if you don't care about anyone, what on earth is going to make you listen to some advice here (or elsewhere in the Internet, for that matter)? Just curious
The approach to curing the compulsive gambling is spot-on but it is pointed that a gambler will not cure himself, the correct way was to have a family intervention. Wherein, the people who are around the affected person will do the initiative in helping the person. It should come to the point where you are ready to decline the persons request to play just another game. Pleading them to rehabilitate will do almost nothing but you can all persuade him to rehabilitate by making sure that you cut off their funds for gambling and keeping watch. Of course, this things won't work if the gambler doesn't see himself as a gambler that harms his/her loved ones.
211  Economy / Gambling discussion / Re: COVID-19 and its effect in Gambling World on: March 13, 2020, 04:02:25 AM
Online casinos will surely receive surge of people that will gamble. The problem will arise is if they can accomodate all of this surge in players. Though there will be a surge in players, we must consider that not all gamblers will try the online casino, some might not get the experience they get in physical casinos. In short, increase of patronage for online casino will increase enough that people will notice but not drastically.
212  Economy / Economics / Re: The Future Crypto Market & China Printing Money on: March 13, 2020, 03:12:02 AM
From Dropping the Dow Jones over 500 points on Friday to now seemingly China "panic printing" money in the nice sum of 1.2 Trillion Yuan.
The reason for the plummet of Dow Jones is the European travel ban, and I think that China isn't "panic printing" money. They are trying to recirculate money to replace quarantined currency so yeah you got that wrong.

Link for the reason of Dow Jones drop in market: https://www.barrons.com/articles/coronavirus-update-6700-new-cases-diagnosed-outside-china-world-health-organization-pandemic-51584045281
213  Economy / Economics / Re: Crypto Conferences getting Postponed. on: March 12, 2020, 03:56:02 PM
This is a typical approach if there is a contagion. Government are trying to avoid public gatherings as much as possible because they are preventing the spread of disease. It is in the best interest of the public that the government are trying their best to fight this contagion. This conferences can wait, would you rather have the virus and get tips about investing in an unstable market or stay safe and get to see the future where cryptocurrency becomes stable.
214  Economy / Economics / Re: COVID-19: Do not worry the market worry on people. on: March 12, 2020, 02:28:24 PM
We can't brush off the fact that their is a worry for the peopel. They are an important asset for any country. Being on alert helps in making the situation less worse, keep an optimistic mindset, and slam those fake news which harbor panic. Market will be active at this time and this will cause some plummets to other market some market will surge.
215  Bitcoin / Bitcoin Discussion / Re: Do you think, India lifting the ban on cryptocurrencies will impact BTC Price? on: March 12, 2020, 01:42:09 PM
This ban lifting will surely impact BTC price because this will open new market for people to do trading and such safely. An addition to that having the cryptocurrency being recognized as a safe item for monetary purposes. One country recognizing BTC as a stable currency means that it is a win for the cryptocurrency market.
216  Economy / Economics / Re: WHO encourages use of digital payments due to COVID19 on: March 12, 2020, 12:51:43 PM
This kind of approach is hitting two birds with one stone. It prevents the spread of the contagion and it also helps in promoting the use of cashless transaction, thus in turn promotes cryptocurrency which is a very big step for the establishment and stabilization of cryptocurrency to the general public.
217  Economy / Economics / Re: Can corona virus or any other epidemic disease can collapse Banking? on: March 12, 2020, 11:58:40 AM
I think there is correlation with the possibility of collapse for banking when it comes to epidemic diseases, but that is a far fetch possibility from happening right now, given that the government are doing what they can to prevent the further spread of these diseases. Collapse can happen but humanity are fighting to prevent that.
218  Economy / Economics / Re: Start investing so you can quit your job and retire early. on: March 12, 2020, 10:55:42 AM
I don't think everyone can just simply quit their job and just start investing. If that becomes a mentality it will harm them in the long run. You can't simply start investing, you need a funds that will support if you experience shortcomings (trust me shortcomings will happen a lot when investing), you also need fund to support your daily life, you can't think clearly without physical sustenance. If you read this and you are thinking about quitting your job, consider your situation; can you afford to lose this job?, will it affect my loved ones?, are you good at choosing where to invest?. Ask these questions yourself. Think before you leap especially if investing is an uncharted waters for you.
219  Economy / Economics / Re: harmonization of fiat and crypto on: March 12, 2020, 09:56:00 AM
I have read several threads that say "fiat will die and will be replaced with crypto" as you agree? I personally do not agree. because when the real system is already established in value and a new system comes with a fluctuating value, the government will not take that risk. But do you agree if Fiat collaborates with crypto in building a future financial system? without killing one system. share your opinion about this.
This is the that we should be aiming at the first place. A coexistence with the status quo will make sure that cryptocurrency will never fade away like a forgotten dream. Physical currency and cryptocurrency should coexist until there is a need for someone superior to take over and become the status quo. The reason that it cannot be replaced is because cryptocurrency is relatively new to our modern world so that explains a lot why it can't still become a replacement for physical currency.
220  Economy / Economics / Re: The Impact of Corona Virus Disrupts the Crypto Industry in China. on: March 12, 2020, 08:55:20 AM
It really affects their crypto industry because their is definitely a shortage for workers because there are lockdowns to prevent the further spread of the contagion. Not only do their crypto industry suffer but also their morale, people are becoming desperate when this is the time that should be more optimistic. I hope this problem won't last because this will cause a serious plummet in the crypto market.
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