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2021  Economy / Gambling / Re: hello Players!! on: June 18, 2022, 11:55:53 PM
Assuming that you did not copy this website to another, here are some of the suggestions that I think that may improve your overall gambling website.

You may opt to change the font of the whole gambling website. Using Arial (if I am not mistaken) somehow makes it dull and boring to look especially for long periods of time. In addition, you should also create a certain and specific theme on your website- for example, big gambling websites have a mascot to represent their gambling website which makes them unique and separate compared to other gambling websites out there.

Another recommendation would be to add more games in the process. Do not use simple colours such as black, etc. Use monochromatic and colour shades to add more depth to the website.

2022  Other / Beginners & Help / Re: Special reasons for bitcoin purchase on: June 18, 2022, 11:42:17 PM
The reasons why so many persons invest in bitcoin is the depreciation, centralization and the appreciative aspect  in bitcoin. This stages are very important to traders or exchangers. it’s a medium of efficient, crypto currency has been a life change in recent years, it has been a great value  for storing assets, commodities and currency. These qualities attract to those who believe In future bitcoin. Crypto help those who have issues with hyperinflation..

You missed something, OP. Bitcoin is a decentralized currency in which its existence solely reflects in a public ledger being controlled by nobody. One of the few reasons on why the government avoids integrating BTC to their current financial model is due to its decentralized nature- meaning it cannot be controlled by them. While this may be the case, some countries limit the transacting of BTC by implementing rules and laws against it.

Cryptocurrencies have this certain aspect that will help them become relevant in the future. I do consider them as the future of transactions given the fact that the world is slowly shifting to digitalized payments. Though this kind of transaction may be the ideal form, its full integration would take maybe tens to hundreds of years to come.
2023  Economy / Trading Discussion / Re: Short term investment suggestion on: June 18, 2022, 11:34:23 PM
Guys, any suggestions for short-term investment?

If you plan on short-term investment, it is crucial that you keep track of the current price of the crypto that you want to invest on.

Let us say you wanted to invest in BTC. Given that its price crashed recently, you can purchase some while its price is significantly low in the market. With this in mind, you have to keep track of its price movement. The moment that its price somehow increased by at least a certain percentage that you are comfortable with, then you must sell it ASAP in order to profit. Though this may sound easier said than done, this is basically the foundation of short-term investments.
2024  Bitcoin / Bitcoin Discussion / Re: Did Bitcoin Disappointed You ? on: June 18, 2022, 11:27:16 PM
Bitcoin has broken the all time high of 2017 and now it is around 19,000$. The worst part is that even on these level, we are not seeing any pumps and look like price may fall all the way to 10,000$ or even lower.
Once bitcoin was at 69,000$, who would have thought that bitcoin will go so low so fast ?  Now what do think, where we are in terms of bitcoin cycle. I think we are already in th bear market since summer of last year and maybe the bottom/ end of bear market is near ?

No and I do not think that BTC will further disappoint me despite its price crashing down the market.

These are high-risk investments that are inflationary by nature- meaning there is a scarcity in its total supply in the market. With this kind of information, you could expect that its price would increase somehow in the near future despite it crashing today. This is also the reason on some always see the good in the bad- purchase more in the process and invest them for long-term.
2025  Bitcoin / Bitcoin Discussion / Re: No matter how low BTC falls, 1 BTC is still 1 BTC and there are only 19M coins on: June 18, 2022, 06:06:09 PM
And people will still laugh at you for keeping bitcoins while the rest of the world is falling apart. Well, if there is something that history taught us, it is that we should not really listen to what other people are saying especially if its for bitcoin crashes. 5x it has crashed so badly but it always recovered ever so gracefully, and those who held through all the dumps and all the reds in the market are rewarded handsomely for being patient.

Hodl, if you still can.

I definitely and wholeheartedly agree with this post.

Like with countless of similar threads that I have mentioned, the prices of BTC have already reached an ATH of $60,000. Though this happened last year, you can definitely see its potential of reaching that price when the market stabilizes in the near future. Given also that the nature of BTC is deflationary in nature, its supply (like OP mentioned) is capped at ~21 million. This means that its price would always increase as more BTCs start to circulate the market.

Again, for long-term investors, HODL will be the key. People may judge your decisions but you will be the one reaping the benefits as soon as the price slowly starts recovering in the future.
2026  Economy / Gambling discussion / Re: Minor Protection From Gambling on: June 18, 2022, 05:57:45 PM
<...snip...>

But I still wonder if this kind of technology is effective enough for those minors who use their parent's access accounts to gambling sites.  Will this be able to detect such action?  Will this kind of technology can trully protect minors and prevent them to access gambling sites?  

....

Like any regulation imposed, there is no guaranteed possibility that it will totally wipe out minors who can access gambling websites but it can definitely lessen the number with the introduction of such technology. In comparison, before you enter any porn websites (which is also considered illegal for minors), only some terms and agreements stating that you must be 18 years old to access is required to press in order to proceed with the website.

Again, with this kind of introduction, any kind of help that caters to online gambling addiction (especially when minors are involved) are always welcomed. Though this may not completely avoid minors from entering this kind of addiction, expect that numbers and traffic would be lessened from now on.
2027  Other / Beginners & Help / Re: Less FOMO more Buying on: June 18, 2022, 04:39:22 PM
My word of Advice to newbies and crypto newcomers
Grin Bitcoin is at its most exciting season again with the drop in price comes with two perspectives, in this season you will hear more of these two words 1 FOMO 2 Buy the dip, but as far as I know is better to do less FOMO, and more buying with $25,000 i can now own 1 BTC what a privilege, many thought BTC can never come down to this price again since Bitcoin became too expensive when it rise to almost 70k few months back. But now Bitcoin have bottom down to below 25k once again and i will suggest newbies stay away from fuds and buy the dip if you have spear money to do so.

At this current bearish market, this is the perfect opportunity for people to purchase more BTCs and HODL them for long-term. I mean, the price already reached an ATH of $60,000 last year- so we cannot discount the possibility from it happening again.

Though this may be easier said than done, I do think that people should take advantage of this opportunity and purchase more in the process. Even if the price reaches below, still, you must adhere to the contingency plan you created.
2028  Economy / Gambling discussion / Re: Bonus Abuse: Who is to Blame? on: June 18, 2022, 02:50:27 PM
I was sitting and wondering, there will always be bad actors in online gambling but who is to blame, the customers/fraudsters or the gambling merchants? Are the customers/fraudsters getting tech-savvy or are the gambling merchants getting complacent in checking and testing their website for loopholes? Don't these online gambling operators anticipate these frauds while building their websites? Why don't they invest in a robust fraud detection system before the fraud happens and not after?
I ask again who is to blame for the increase in bonus abuse, the customers/fraudsters or the online gambling operators?

If there are any bonus abuses that has been happening in a gambling website and some users participate in such abuse, then these players run into the conflict of having their accounts banned. Since any form of online abuse of loopholes in the rules may be construed as an activity that is against their TOS, these players should not complain in the event that they get banned and their funds be confiscated or withheld from them.

A gambling website should keep their bonuses and other activities monitored. These are the types of activities that they should keep an eye about since registration bonuses can be subject to abuse by players and gamblers alike.
2029  Bitcoin / Bitcoin Discussion / Re: El Salvador loses more than half the value of its reserves in bitcoins on: June 17, 2022, 11:55:57 PM
Basically all Bitcoin holders who bought within the past 7 months have lost a huge portion on their investments.
Having an investment register red candles is not bad on its own, it only is, if you cannot hold through that period and would need to panic sell as you invested more than you can afford to lose.

If El Salvador's reserves can absorb the Bitcoin dip comfortably, then it's not much of an issue.

This bearish market can be seen as an opportunity rather as a bane to these investors.

While the prices of BTC dropped significantly over the past few months, this is a perfect time for long-term HODLers to acquire and purchase more during the process. Given the deflationary nature of BTC, its trend would is most likely upwards- meaning its price would increase definitely in the future, though no one knows when. But the fact that its price already reached $60,000 is an indication of its potential to increase again.
2030  Economy / Gambling discussion / Re: Can Old Casino Keep Up Without Support Here In Bitcointalk Or Signature Campaign on: June 17, 2022, 11:50:23 PM
Can an old casino that's very active here in Bitcointalk, through support, forum advertising, and signature campaign, suddenly pull the plug and stop doing all these things can still keep and still maintain its position in the market.

A case study is Bitvest and 777Coin we know that Lightlord was sick and now he is well and comes back from time to time but not doing the same thing they're doing for many years.



I personally think that a casino can still operate despite no advertisement from this forum but expect it to lose almost half of its player base and traffic.

The beauty about this forum is that almost every forum member (except newbies) wears a signature to their profile. This means that every post equals an advertisement to the thing being advertised, whether it be a mixer, a new coin, a website, or an online casino.

In addition, all of the posts that you made retroacts to the signature that you are wearing. For example, if you used another signature when you created a post years ago but you wore a new signature, your post from that year will be changed according to the present signature that you are wearing. This means that advertisement is the key to maintain a healthy player base and traffic to the website.

2031  Economy / Gambling discussion / Re: NBA Finals 2022 - Warriors vs Celtics. on: June 17, 2022, 04:28:36 PM
There you have it- predicted the playoff run completely! But in all seriousness, what a dominant performance the whole Warriors team put-up in game 6 which ultimately led them to win the entire playoffs this season!

Big congratulations for Curry for never giving up despite the rebuilding phase. He literally carried the Warriors when Klay was injured and other of his team were developing. But to be honest, huge props for Wiggins as he demonstrated that he is the previous no. 1 pick. He dominated Tatum and kept his shooting ability at bay- his defending skills locked him up which led him only to score 2 points in the second half.
2032  Economy / Economics / Re: How can I survive in a place where BTC is restricted? on: June 16, 2022, 11:53:11 PM
This is the beauty of BTC, its anonymity can give you the opportunity to transact without even the government knowing that you transacted. Like some have mentioned, using a decentralized exchange can provide you the opportunity to exchange your BTCs and convert them to your desired currency. Though this may be risky, p2p transactions may also do the trick but you have trust people from here.

But the best would be to move all of your BTCs and avoid any of the local exchanges hosted by the country. These types of exchanges are the ones who require KYC documents- avoid them at all cost if you do not want to experience conflict with the laws of your country.
2033  Other / Beginners & Help / Re: Is investing more than you can afford to lose inevitable? on: June 16, 2022, 11:45:54 PM
If i earn $400 for example, and i keep a $100 and invest $300 in bitcoin....

I think this sums up your whole post, OP.

While the phrase "invest more than you can afford to lose" sounds compelling at first, you must always follow this with proper logic and common sense. Again, investments are investments- meaning you only delve into investing if you have the extra cash AFTER you have paid all of your obligations to yourself or to your family.
 
In the example that you provided, you took $300 out of the $400 that one earns per month. While this may be the case of "invest more than you can afford to lose," still, $100 for the whole month seems very impossible for an individual and financial problems would kick in this kind of example. Follow investment with logic- only invest the amount that you are willing to set-aside for future transactions.
2034  Economy / Gambling discussion / Re: Have you Considered a Career in Betting Consultancy? on: June 16, 2022, 11:39:24 PM
It seems like a tough career path since you have to prove yourself by becoming a tipster and maintain a consistent win rate throughout thousands of picks. I enjoy making picks as a gambler but I wouldn't take that career as it feels like you're carrying a heavy pressure behind your back as their money would be tied to your picks. I remember there used to be a guy here in the gambling discussion that started a thread about their betting syndicate or maybe it was similar to a betting group as they have different guys focused on a single sport and he was also sharing some free picks once in a while.

Though it may be tough, I think that gamblers who are addicted enough will result to any mantra/belief that would make them believe that such would lower such odds. Though you may have to prove yourself with your credentials, getting customers would be relatively easy perse. I mean, if I were a gambler and I heard someone has the "secret code" for unlocking the potentials of gambling betting, then I would never hesitate to contact him/her.

Again, it all boils down to preference and to the things that you want to believe in. But if I were a ex-gambler who suffered addiction from the past, I would avoid any profession or activity that would attract others to this very dangerous act.
2035  Economy / Gambling discussion / Re: Gambling Problem, Is it Possible to be a Thing of the Past? on: June 16, 2022, 11:25:21 PM
Self exclusion can become useless for couple of reasons -
1. It all starts with oir willingness. If a gambler has a strong mind, he will be able to self exclude himself from gambling for as long as he wants. It all starts with us. Think about cigarette addiction. Unless the addicted person is willing to take action, nothing really happens.

2. There are multiple gambling websites available, including unlicensed ones. So even if someone has a strong mind to self exclude him from gambling for a specific period of time, it will be pretty easy for him to come back to gambling through another website.

Addiction can be treated through regular counseling. No measure of exclusion will work unless it is a forced one.

In the first point that you raised, being aware with one's addiction is the key to combat it in the first place. Like any other addiction, it is essential that you aware that you are definitely addicted to something. Now after you realize it, the next step is crucial- you are aware but are you willing to take action? If you see nothing wrong with your actions despite being aware, then the gambler would most likely stay in this kind of trap.

In the second point that you raised, I do agree with you. It helps that if a person wants to exclude himself from any addiction completely, it is better that he/she avoids all the signs that he sees that one might be tempted to gamble again.
2036  Bitcoin / Bitcoin Discussion / Re: Bitcoin Hodlers are actively buying bitcoin these days on: June 16, 2022, 11:09:50 PM
If there is something I learned in the investment world, it is that you always have to BE FIRST in every purchase that you do. HODLers who are actively purchasing BTC in this bearish market are just taking advantage of low price, hoping that one day its price would skyrocket in the near future.

Imagine, the price of BTC already reached $60,000 last year. The possibilities are endless and people would definitely expect that it might happen again anytime soon. I guess this is an obvious sign that HODLers should take advantage and purchase more at this time.
2037  Economy / Gambling discussion / Re: High odds or low odds, which do you prefer? on: June 15, 2022, 11:55:35 PM
I have lost several times in a row betting on high odds and after the experience I try to minimize my risks, so I prefer low odds as low odds are placed on the favorites of the match. Of course even in this case no one guarantees a hundred percent victory, but the probability of it is higher than betting on the outsider with higher odds.

Well from their names alone, high odds have higher chances of yielding a loss; while low odds may be relatively high when it comes to realizing profits but this depends purely on the gambler.

Personally, I prefer low odds since this gives me more leverage and room for error. Though the profit margin in winning with such odds are lower compared to high odds, it is much safer and it still gives me the same adrenaline from winning. But again, this really depends on the preference of the gambler on which to choose as we all have our respective preferences.
2038  Economy / Gambling / Re: How do you know how to trust online sportsbooks? on: June 15, 2022, 11:47:49 PM
Hello everyone, I've been using online sportsbooks for a while now, but I wanted to know how do you know how to trust those sites? What do you look for in them, what are some red flags for you, that kind of stuff. Hope it makes sense and please share what are your favorite online sportsbooks.

Just like any gambling website also, you have to check for several factors, which may include:

  • The website's traffic;
  • The number of years the website is running in the internet;
  • It's overall feedback and review done by others;
  • If the website has an active customer support service; and
  • If it has a standard and working domain;

The factors that I have listed are some of the general information that one must check before they attempt to try an online sportsbook or even a gambling website. Since this involves depositing/holding funds for you, then it is better to exercise the utmost care and caution before delving completely.
2039  Other / Beginners & Help / Re: Is the crash in bitcoin price a threat to forum existence? on: June 15, 2022, 11:41:05 PM
Bitcoins and its related discussions is the subject matter and major objective why this forum was first created after bitcoins from my observation, but considering the current dump in bitcoin, assuming that the prices never goes up and bitcoin ceases to exist or looses value completely, will this forum continue to function?

No and I do not think that there is a correlation between the price of BTC and the existence of this forum.

Remember that this forum was created in order to be the main repository of information about several and tons of discussion about CRYPTOCURRENCIES. Though bitcoin may be the main discussion, there are still altcoins that are being actively discussed under this section. In addition, the price of BTC dropping is an excellent discussion which necessarily has to be discussed and talked about given this very bearish market.

Investors and HODLers would definitely want to hear smart opinions of cryptocurrencies veterans and analyst in the market. Given by these facts, I really doubt that the forum's existence is a threat given the significant drop of BTC's price in the market.
2040  Bitcoin / Bitcoin Discussion / Re: Teaching college students about Bitcoin on: June 15, 2022, 11:29:23 PM
According to my experience in this field, the most important obstacle facing a person who wants to teach new generations about Bitcoin is first of all defining what money is and how the global financial system works, as well as about canceling the preconceived notion that Bitcoin will enable its user to get rich quickly.
It is also preferable to stay away from trying to explain Bitcoin through complex technical concepts such as blocks and transaction history.

I agree with you. It is like saying, money is the foundation of everything that can be purchased in the world, while cryptocurrencies are a branch of what emanates from money itself- something that is more specific and complex compared to fiat alone.

OP, what you have done is truly remarkable and commendable. By your own efforts, you are slowly integrating and teaching the foundations of cryptocurrencies to the youth. You are exposing them to something that may be highly relevant in the future. With these, they can now start trying or attempting to use cryptocurrencies which sparked their curiosity towards this subject.
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