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2041  Other / Off-topic / Re: How Do You Think About UFO Catcher? on: August 18, 2022, 11:57:24 PM
This kind of game can indirectly teach children about gambling because they buy coins with a certain amount of money to play in certain games. If they can't win, they lose the coins and have to use another coin if they want to play.
If you go strictly by the definition of gambling, then no not really since these types of machines use other types of tokens to be able to play and you're technically not getting money back but rather items. Not to mention claw machines aren't strictly luck-based games.

I wouldn't really consider this as them learning of addiction or considering this as gambling, rather this kind of thing actually gives off an entertainment vibe instead due to the prizes that you'd be able to receive or redeem. It's pretty far from it to be honest. If I were to be completely blunt though, it's just business. If this was considered gambling, a LOT of businesses would be considered as one imo.
2042  Bitcoin / Bitcoin Discussion / Re: Bitcoin ban in China and some noble countries. on: August 18, 2022, 10:04:46 AM
Bitcoin was more of a case where they wanted to make their own (which was a success), and pretty much replace it with what they made so that it's still under control. It'd probably also be against them if they were to turn it back after so long. I'd actually imagine that China is using the idea of NFT minus the usage of it in a decentralized blockchain, basically putting the idea to use but under their own control and administration. I'd say it's actually like China to do it like that. I wouldn't really mind it imo unless you're a Chinese citizen, I'd reckon the system they use (or planning to use) would mostly be centered around their country anyway and doesn't really reach out in foreign countries.
2043  Economy / Gambling / Re: I Have a Question ~ Are 1xbit Campaigners Playing on 1xbit? on: August 18, 2022, 05:31:18 AM
There are like 2 replies from 1xbit users out of 6 pages of replies, I think the silence from them basically answers what OP requested in itself imo. Not to mention that both answers don't actually answer the question, (which is a simple yes and no tbf). I'd actually just say that most of them actually aren't playing on the site or don't even gamble in general at all. Wouldn't really surprise me if a person who doesn't know jack about gaming suddenly made an article advertising a game (It's a thing alright), same thing here imo.
2044  Economy / Speculation / Re: Why there is so much resistance at $23k price on: August 18, 2022, 12:18:47 AM
Shouldn't it be $25k? We're presently at $23k and we even moved up to $24k afaik. If you're saying that it's because we went back to $23k, then it's just that, it failed the check at $25k so it dropped down. Wouldn't really consider it to be that big imo, its something that often happens anyway. Not to mention that we've only been around a month in ever since Bitcoin dipped to the $20k levels from above $30k. Wouldn't really expect (nor want) a big pump all of a sudden.
2045  Bitcoin / Bitcoin Discussion / Re: Btc crime on: August 17, 2022, 11:57:35 PM
Recently 3 suspects were arrested by Israel police for laundering money internationally through crypto. This money was stolen from France. This is a major international money-laundry.
So is every other money-laundering case that used fiat. Pretty sure we should be blaming the people involved that did the crime instead of anything else.

https://beincrypto.com/fiat-still-accounts-for-the-majority-of-financial-crimes-us-treasury-department-report/
To quote
Quote
However, these Treasury reports revealed that fiat currency and traditional networks still account for more criminal flows than cryptocurrencies.

“The use of virtual assets for money laundering remains far below that of fiat currency and more traditional methods,” the U.S. Treasury shared.
2046  Economy / Economics / Re: How micro payments can help to alleviate global poverty on: August 17, 2022, 01:27:09 PM
We should also find ways for people with those phones to execute tasks that will enable 1st world countries to pay those people with "cheap" micro payments. (Lightning Network) ...example : translation services / typing / spell checking / sorting of data etc...etc.
That would come to question whether people in Africa are even capable of being able to do those services. It's not exactly an environment where learning is readily available (afaik), especially since the majority don't have access to the internet, quick look-up indicated that only 22% of the country had access.(and even then, I'd still think it'd require a lot of work to transition them from being able to offer these services). Before giving them actual tools to prove their skills, it'd 100% be better to make them or let them develop it first beforehand.
2047  Economy / Gambling discussion / Re: How profitable Is investing in a crypto casino or sportbook? on: August 17, 2022, 04:25:24 AM
This article is probably what you are looking for,
Quote
Crypto casinos usually make between 5-15% off everything deposited by gamblers. Casinos with larger numbers of gamblers will make more, but this depends on how much users stake in their bets. Like any casino, crypto casinos with high-end gamblers are more profitable than other casinos.
- https://cryptocasinodetails.com/how-much-do-crypto-casinos-make/

You can find more blogs on the net if you want to look for other opinions.

The numbers will be vague unless you see their actual records but I bet crypto casinos make more money than fiat casinos if the number of customers and bets are the same since they are less regulated and taxed hehe.
So about the same as the article OP mentioned then I guess? At the minimum of 5% that is, which I imagine is rather true since crypto casinos and fiat casinos would generally be the same imo. Even if there were changes as you said with the taxes, I don't think it'd be that big since it'd call to reason that it'd then be regulated if it actually was.

I am also interested in how much crypto bookmakers earn on partnerships with football clubs. Any information or link to an article would be appreciated!
Here's an article to read: https://www.cnbc.com/2022/01/26/tech-gambling-alcohol-helped-nfl-earn-almost-2-billion-in-sponsorships.html

NFL is big though, so it may not be the case across all sponsorships, not to mention this isn't exactly with crypto itself. Here's another article that involves crypto itself though.

https://www.cnbc.com/2021/12/14/cryptocurrency-companies-take-multi-million-dollar-step-into-sports.html

To quote the specific part I found, (Not a football club though)
Quote
Crypto.com signed a $175 million deal with Endeavor-owned UFC that sees its logo appear on the apparel worn by athletes during competition, which followed a $100 million sponsorship deal it signed with Formula 1, owned by Liberty Media.
2048  Economy / Gambling discussion / Re: Casino can play a role in changing fortune? on: August 16, 2022, 10:56:47 PM
main factor was he got very lucky!
Basically summed up the entirety of his experience. There'd always be instances like his in our lives, it just became more apparent in his case imo due to the fact that he did it at that point in time, at a point where he needed money. I mean, I might not need money immediately but I can still gamble and win big. Right place at the right time I guess.

Sometimes, when you feel like everything is falling on your head, you consider putting it all on the line at one go, into a single bet. People do it to end the suffering and be done with waiting. Either they win and get back on their feet or they see it all going to 0 and move on. That's what he did by going to a casino and it worked, but I don't recommend it. 2 out of 3 times it won't work and then you're really in deep shit. I'd rather sell the business and start over than put it all on the line in a casino.
Actually an interesting take. If he had failed, he would've basically been forced to start 0, which in the end I guess is kind of a closure to all the problems he would've had which would've honestly been a lot better than trying to fix a fixless problem.
2049  Alternate cryptocurrencies / Altcoin Discussion / Re: Be open to any possibility on: August 16, 2022, 11:46:31 AM
Well, it's a lot easier to adopt analysis on stuff that would make sense compared to, well, something that doesn't. Not that I'm denying it or anything, it has happened already after all but it also doesn't deny that Doge was simply a pump and dumb cycle repeat without any sense. I mean you yourself sold it so you also saw that it isn't exactly something you would have held and judged that there was no sense in holding it (and might've been better for other assets).

I don't really think you selling them back then was a mistake OP, rather you regretting it right now and blaming what, others, maybe yourself as well for not seeing the future, well now that's a mistake. No one can see the future in the first place.
2050  Economy / Gambling discussion / Re: Looking for best casino on: August 16, 2022, 04:13:12 AM
~
Not necessarily because everyone who plays gambling wants to find comfort in gambling so even though we have suggested the best casino site, it is not necessarily that he will get that comfort. We can only suggest many trusted and reputable sites but he still has to find what he wants and that means he has to try what we suggest to him one by one. I'm sure if he can look it up based on our suggestions, he will probably find 2 or more casinos that can give him comfort in playing gambling.
The main issues with casinos being handpicked instead of only one being used are mainly due to the coins used on them and the ease of access to the site in terms of deposit/withdrawal options and, well, access to the site itself. It's not exactly rare or odd and I doubt others haven't seen it, but there are some casinos that do not allow access to specific countries. Even with VPN, there'd still be users who wouldn't exactly like going to casinos that do not allow them. Then there's bonuses and such, which is another thing altogether.
2051  Economy / Gambling discussion / Re: How Problem Gambler Feels After Losing on: August 15, 2022, 10:29:54 PM

Gambling is a way to get rich in a short time.  So it attracts more people age of 20-40 years.  Because people of this age are more inclined towards money.  Then they get greedy and waste their hard-earned money by gamble. And they lose gambling and go into depression.  Which creates turmoil in their family.
We can't commonly term gambling as a way to get rich. It needs to be very specific, which means gambling is way to get rich for the luckiest. The age group between 20-40 have big commitments and the same makes people risk their hard earned money. Many people have made fortune out of gambling, for the same we should not believe it to come with is.
It's almost the same sickness as beginner traders of crypto feel to be fair, they feel like if they got lucky then it's a really easy way to get rich, but the thing is, it's called "lucky" for a reason. Not to mention that if we saw the said luck in social media being announced then here's a surprise (not really), media news only announce positive news, they don't really say 1 out of xxxx amount but rather just the amount of winners/lucky people.

Gambling is thought of as a way to get rich in a short time.  So it attracts more people age of 20-40 years.  Because people of this age are more inclined towards money.  Then they get greedy and waste their hard-earned money by gamble. And they lose gambling and go into depression.  Which creates turmoil in their family.
There, corrected it for you. It's never a guaranteed method. It's only a (hopeful) thought of most people who get into gambling.
2052  Economy / Gambling discussion / Re: Your General Feeling After Playing In Casino In the last 10 session on: August 15, 2022, 11:23:08 AM
I'm always excited to come back after my sessions and the majority of my sessions are like that I experienced winning in my first minutes then losing everything then regaining half of my wager then losing it all, the feeling of enjoyment is like a roller coaster ride you win you want to quit but you want to continue the excitement, I'm just glad that I'm using money that I'm comfortable losing, which should always be the case.

It's rare for me to see a gambler like you dude with that kind of attitude. I just saw that while gambling, apart from having fun, you are also comfortable even if in the end you lose playing casino gambling. I admire your attitude like that. It's like it's so hard to feel comfortable with the joy of losing. Let me try what you do. Keep it up Sir.
It's actually pretty normal if you go outside of gambling and go into the general idea of a "gaming" experience. I guess casinos take it to a next level since it involves money but if you consider it, simple gaming kind of involves money as well since you use your time to play it. It isn't that obvious but they should really be taken in as the same thing imo.

Being entertained is the goal of both casinos and players but when we gamble we bring with it our character if we have a risky behavior chance is we become compulsive in our bets and decisions if we are mature guys we become responsible and treat gambling as another form of entertainment, gambling should not hone us, our education outside of casino should be our guide in everything.
I mean you can be risky in casinos imo, just keep it in there and don't bring anything else inside or outside once you start a session. It's just simply letting yourself loose at an environment you want BUT limiting yourself in that specific environment.
2053  Economy / Gambling / Re: Casino2x.xyz NO KYC! Instant crypto deposit! Only in house games! on: August 15, 2022, 04:11:37 AM
I'm rather confused with what markk1's claim is, according to OP minimum deposit was $20 yet markk1 was able to deposit $1? Wondering if markk1 was able to access the site prior to the system being updated for the $20 requirement or something, but anyway not that it's changed he can't really do anything but deposit the said amount.

Anyhow welcome to the forum! A number of games still seems small so you might want to get some providers to expand it, plus improvement of the UI so far. It might also be better to add a checkbox mark on the start where you ask the user if they accept your TOS when entering instead of a close/login button just to make it easeir for people to know what to do when entering (if they don't want to login/register anyway).
2054  Alternate cryptocurrencies / Altcoin Discussion / Re: Shiba Inu pumping , why? Hold or Sell? on: August 14, 2022, 11:44:40 PM
Checked their Twitter and the most recent news about development was about their game. I think the recent pump was too much for it to call just that, so it might've been a whale that's temporarily pumping it with the game dev announcement being a coverup for it. Would set up stop-loss and just adjust it if the price continues to rise up. I'd think you'd be able to profit in the short term considering how the hype about the new releases they'd have would probably last for a bit. Maybe until the release of the game.
2055  Economy / Economics / Re: Most people more and more people depend from this on: August 14, 2022, 03:56:47 AM
You'd be asking this if you were shorting Bitcoin or you're basically a newbie trader who needs to look at how much their investment lost or grew, which is dumb. It's like min-maxing to an extreme degree, to the point that even if you profit, it isn't worth it (not to mention you might not even profit that often). Even people who short probably don't overdo it. Not to mention doing it like that tend to create panic moves even though the price decreased by only 1-3% or so, you'd sell it and then buy again at a higher price, inevitably lowering the initial investment you had bit by bit.
2056  Economy / Economics / Re: Tips to save my finances, to grow personal economy on: August 14, 2022, 12:20:58 AM
An additional tip I got was to stop paying for monthly subscriptions if you can. Some of them aren't exactly needed or there's a better and cheaper alternative, they're more of like a premium kind of thing imo. I also constantly DCA out of my salary so I can constantly invest so as to not let my money just, well, sit there on my bank doing nothing. I'm starting to look for possible ways to invest in properties/land, kind of like a faraway thing but I'm preparing for it now.

  • 5. Stop showing off. Nobody is actually impressed or intimidated by your expensive shit.
Facts.
2057  Economy / Speculation / Re: do u think the BTC bottom is in...? on: August 13, 2022, 01:44:42 PM
I'm hopeful that it is, we haven't seen any big dumps after getting past $20k and even though it's slow, we're seeing a gradual increase in the price. I might wait till at least it goes past $30, $35k though before actually putting past it crashing back down the gutter. We might end the year at around $40k. After that, it's just a waiting game again to see if it drops back down or continues its gradual increase. Not expecting any big pumps though.
2058  Alternate cryptocurrencies / Altcoin Discussion / Re: Buying house with fake tokens on: August 13, 2022, 11:14:01 AM
Tried looking for it with a quick lookup but I couldn't find it. This is highly unlikely imo for real estate since they don't necessarily accept crypto as payment in general, they only accept fiat and even if they actually did accept crypto, you'd understand that they have at least some form of understanding about the crypto scene. Now if these "fake tokens" were actually valued at the start of the purchase but dropped at some point which lead to the value dropping to zero, I think the real estate agent would be at fault (since they should know about the volatility of crypto at the point when they actually accepted it as payments). It'd be a different thing if it really was a fake token though and for some reason, the agent still accepted the purchase.
2059  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum Merge date confirmed, any price action predictions after merge? on: August 13, 2022, 12:14:16 AM
About $2.3k I guess? Maybe even higher if hype about it goes well beyond what it is right now which might push the price temporarily to above $3k. If it proves to be rather disappointing though after the merge, then it might just plummet back to around $1.5k, maybe lower if again, the hype brings it back up, then it can also slam it back down if the response to it was very disappointing. I'd honestly expect at the minimum for it to breach past $2k and maybe go around $2.3 as I said earlier. Wait and see for the rest imo.
2060  Economy / Gambling discussion / Re: Your General Feeling After Playing In Casino In the last 10 session on: August 12, 2022, 12:50:25 PM
Mostly entertained. Sure I do feel sad when I lose money and I feel happy when I win, but I pretty much leave those feelings behind whenever I stop gambling. Win or lose, it's just a matter of me trying to enjoy the process. I do sometimes extend my sessions depending on what I generally feel though, like if I'm feeling pretty excited after I was supposed to end, I'd probably add a few more minutes into my game till I lose that excitement. I generally don't want to put my excitement out there while I finish gambling already since expectations may build up, so I just release it there and then.
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