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2061  Economy / Gambling discussion / Re: Another side of Sports betting you may not know about on: May 04, 2023, 03:04:14 PM
America, England, Australia and many other countries, it is known that from ancient times the people there have implemented sports betting as a tradition that is often at stake, do not be surprised if in the betting process many negative things happen, for this reason, it's not surprising that we often see sports betting such as: Rugby, WWE, cricket, Boxing, UFC, Golf and many others, being found to violate some of the rules and policies that have been determined in gambling
That is correct, and it is also the reason why sports betting can't simply vanish from the daily life of those people. It's already part of their tradition and culture along several generations, therefore it's not easy to stop it from existing through a brand new created regulation. The negative side of betting on sports isn't enough to forbid it right now, because it's not something new in sports.

There have always been corrupt athletes, coaches, referees and leagues' officials who attempted to profit from betting by cheating on the results of the matches for all this time. But why to use this excuse only now to prevent people from betting? Isolated cheating attempts have never prevented sports betting from working and being successful with its public.
2062  Economy / Gambling discussion / Re: Can i make 100 $ daily from online casinos on: May 03, 2023, 06:42:07 PM
I believe you still require more information regarding how gambling operations. I think you don't understand what gambling is. Do you realize that gambling is another method to waste money as you must lose in order to win? I believe you attempt to find other ways to earn $100 each day. I think you'll lose about 70% of your money before you turn a 30% profit.Although it depends on the type of bet you place, if you place large bets you might be able to earn $100 per day, it won't be as frequent as you claim as far as gambling goes. Therefore, you shouldn't plan ahead and estimate a large sum of money because you risk losing your partner if you do.  Since even the work we do in real life is very difficult for some of us to make that kind of money man, when you think you'll be able to make $100 per day, I believe that is impossible in gambling

When someone invests in Bitcoin, If he can increase his investment amount, his profit will also increase. But if this clause is planned to be implemented in gambling then have the possibility of losing assets completely. Increasing the bankroll in gambling does not necessarily increase the income. No one can earn $100 with $2000 and many can earn $100 with $50 or less. What is impossible here is that there is no continuity of victory or defeat.
It's everything about probabilities. While it's likely someone can turn 2000$ into 2100$ in one day, it's unlikely someone can turn 50$ into 150$ on that same time period. But it's still possible, anyway!

However, as the days go by, the gambler will face a long loss streak when trying to make his daily 100$ quota from 2000$, resulting in total or partial loss. The time it will take until it happens is also about probabilities.

The only sure thing is that it will happen sooner or later. Cheesy
2063  Alternate cryptocurrencies / Altcoin Discussion / Re: How to avoid a scam project? on: May 03, 2023, 04:56:09 PM
If you want to avoid scam projects just invest in solid cryptocurrencies, mainly in Bitcoin. But if you still want to try something new in order to find a gem that can boost your profits to the moon, make sure to avoid projects which doesn't have any reason to exist at all or that don't bring any new feature, usage or concept to its adopters. Potential usages which don't make any sense in a practical way must be avoided as well.

Moreover, don't invest in a cryptocurrency just because it's pumping. Make sure there is a valid reason why that crypto is gaining more price, besides solely speculation. This way you avoid one of the most dangerous scams of the industry: the pump and dump schemes.
2064  Economy / Gambling discussion / Re: FIFA World Cup 2026 :Canada/Mexico/United States: Discussion Thread on: May 03, 2023, 04:41:00 PM
There were alcohol for the fans even in Qatar as Qatar knows they restrict many things as they are a Muslim country but they are not extremists and so deep underground for anyone who wanted alcohol could easily find it,for everyone who wanted hookers could easily find them during their stay in Qatar,Qatar are not UFO they are normal people like the rest of us who restrict themselves because of their religion but no matter how strong a religion is there will always be some side effects to it like the World Cup that was hosted there.

Now luckily all of the above is in abundance in the hosting countries of the 2026 World Cup and FIFA have nothing to worry about,it will go as smooth as always and hopefully it will be played in summer because when played in winter it was a really bad and not entertaining World Cup.
Despite Qatar's restrictions the World Cup was a success anyway. There were lots of polemics involving human rights violations, but it doesn't really matter for the fans of the sport and the competition who have a lot of money to spend on international travels and tickets.
Some sectors of society try to put some pressure on the public to boycott the event, but only those who can't afford the event care about it. The rich people in the world who attend to such events are only concerned with their personal pleasure being satiated.

Now you can expect USA will also suffer lots of criticisms due to the difficult for foreigners to enter the country, but it won't stop the World Cup from being a success anyway, like in every other editions. It's always the same story and people always behave similarly to past situations of the same kind.
2065  Economy / Gambling discussion / Re: Questions of the day for gamblers on: May 03, 2023, 03:48:16 PM
If a online casino claims to be a decentralized platform does this mean that their games are fully decentralized too?
<snip>
Usually, if the casino is fully decentralized, then it should only offer games that are also decentralized. This means that they won't be relying on any third-party providers, hence they have to create their own games (e.g., if they want to offer slots, then they should create their own slot game in a decentralized system). As I've observed, fully decentralized casinos usually only offer games such as Dice, Mines, Plinko, and Crash since live games and slot games are usually provided by 3rd party companies.

All of it would mean if the casino included centralized games from their offered games, then they should not be considered a fully decentralized casino. Besides, it contradicts the "decentralized" status of the casino.
I believe the only decentralized casino for real was one where each transaction sent on the blockchain by the gambler was a bet. If he won, the casino would pay him directly on his crypto wallet through another transaction. The cons is that transaction's fees become too expensive at some point for both sides, and minimal bets aren't practicable.

But I see no other way to keep it decentralized, because even if the casino has its own native games, there is going to be a central system ruling and controlling everything, including gambler's data, that is the casino's platform.
2066  Economy / Gambling discussion / Re: How Big is the online gambling industry today? on: May 03, 2023, 03:09:31 PM
According to the articles shared, sports betting will have the highest market gain in the next few years.
What do you think?
I agree with that, because the gambling industry is under constant movement. Before we didn't hear about sports betting like we hear today. It was like games were more restricted to traditional casino's categories, like roulette, slots, blackjack, plinko and dice. Even in crypto industry it was a noticiable reality about 7-8 years ago, since we had many casinos, but didn't have sports betting as a hot topic yet.

Then slowly gamblers started switching to sports, probably due to the belief they have superior winning chances when predicting events' results, instead of playing against the house on table games.

The tendency is that sports betting gets more popular yet, however I must say it won't last forever. After the currently hype another one will come in gambling industry and I guess it will be related to video-games.

2067  Economy / Economics / Re: Effects of Crypto and Bitcoin on the Economy on: May 02, 2023, 10:43:36 PM
OP mentioned decent points regards impacts of cryptocurrency on the economy. Thanks to crypto and Bitcoin in special, average citizens from every corners of the world have access to investments and jobs' opportunities not available before. The impact on the society is that there is a higher flux of money circulating, which benefits every sectors of the society, since money is constantly moving, like the waters of a river.

Maybe what I said isn't seen is large scale yet by most people, but they do exist, and those individuals involved on these economical chains are really satisfied and proud for having found Bitcoin on their lives.

As example of those economical chains benefited by Bitcoin and crypto, we can mention investors who are in profit with their BTC investments and digital workers, like Bitcointalk's members who are engaged to signature campaigns.
2068  Alternate cryptocurrencies / Altcoin Discussion / Re: Is it wise to stake your crypto currency on: May 02, 2023, 08:03:05 PM
In most custodian wallets like trust wallet staking is available for most crypto currencies including trx.is it better to stake such a coin or hodl it
What do you mean by what is better? By staking your coins, you will be earning passive income, you will grow your portfolio, what can lead to maximization of profitability on long term, under the price of risking your money, which can be stolen at anytime by hackers or by the custodial platform itself.

On the other hand, if you simply hold your coins in a safe wallet (self-custody), you won't be stolen, but at same time your money won't be working for you passively. You have to evaluate the pros and cons of each of the two categories and reach the decision which best fulfills your demands as investor.

Due to the huge scams last years on staking platforms, many investors have retreated from investment platforms, back to the self-custody wallets.
2069  Economy / Economics / Re: New currency from BRICS countries on: May 02, 2023, 07:54:34 PM
I doubt they are going to create a personal currency for BRICS. What really matters are the businessmen of these countries and I'm sure that between using dollar or any other unknown random currency they are going to prefer dollar yet... At least it has a history of reputation along the centuries, compared to other fiat currencies. It's not perfect, but among the disponible alternatives, it's the finest one.

Who in sane mind would prefer a currency launched by the most populist and liar global leaders of the world, such as Putin, Xi Jinping and Lula?
2070  Bitcoin / Bitcoin Discussion / Re: Robbing bitcoins from a bitcoiner on: May 02, 2023, 04:51:38 PM
You can take essential steps to protect yourself from undesired attention, like not sharing your financial routine and habits with people outside your most intimate circle. Don't tell strangers or people you don't know very well about your personal experience with Bitcoin, if you are concerned about the safety aspect. We never know what the intentions of strangers can be. If you aren't a visible target, 80% of the threat is already under control.

All the rest you can do is to protect your keys carefully and to avoid letting BTCs idle on online platforms where you can't have access to your money with assurance. So you completely nuke the threat of being robbed virtually (that is the main risk when dealing with Bitcoin).

The chances of being physically robbed are really low...
2071  Economy / Economics / Re: Which do you prefer on: May 01, 2023, 06:48:40 PM
It all depends on how proficient and confident we are in that one field, if I am not sure of the abilities that I have maybe I will become a civil servant and get a salary every month while honing my skills in the field that I am interested in
It's true. The issue with trading job is that you are never confident on your skills, because the final result doesn't depend only on your skills, but mainly on the market's fluctuations, which are unpredictable. To make a living from trading is a hardcore way of life. It's dangerous and you never have the assurance you are going to achieve a net income at the end of the month.

For a single person who lives on this own, this lifestyle may have its charm. On the other hand, for a person who has a family on his back it's not a feasible alternative, in my opinion, since stability is needed, especially when there are children in the family.
2072  Economy / Gambling / Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest on: May 01, 2023, 05:50:26 PM
Theres no absolute certainty either way only some bias in outcomes.   Cashback of 1% will help counter some of that bias and also letting the balance rest a little can earn back some in interest also, that will all help restore the chances of coming out on top.   An ideal might be only gamble the interest, Im not that rich tragically.
  No gambler should believe the game is free or you have to win, thats dangerous ground a false premise can lead to bad action.   Martin as a strat is slightly dangerous because of that excess confidence it gives, not especially deserved its nothing close to a good strat imo.
I agree that only interest generated should be used for gambling on the multiplier game. That is a safe strategy to not spend more money than you can afford to lose. By respecting this guideline, the gambler can maintain his gambling activity under control, in a healthy way.

However, in every cases, I would say it's just advised if the person really enjoys gambling, because for profitability reasons he isn't going to make any progress on long term, despite the 1% cashback, which isn't enough to cover any losses after all.

The user who wants to make financial progress should stick only to interest program (over BTC and FUN), plus WOF.
2073  Alternate cryptocurrencies / Altcoin Discussion / Re: Will crypto banks replace traditional banks soon on: May 01, 2023, 05:32:40 PM
"in just a few years, a younger generation of financial services users are going to into a bank and gain access to create ☑️ credit products, savings accounts and investments that can host both crypto and fiat assets. In fact, the inroads that will allow for all of this to happen are already breaking ground.
A generation of young talents like SBF from FTX, for an example? That is what they promise, but what they deliver is very different... Wink

Consumers will soon define a “full service” bank as one that offers financial services in both crypto and fiat. The time to start acquiring the necessary tools of the crypto banking trade is right now. The world need it.👌Banks need to start adapting or get left behind. So what do we all think about this
Like the scammer Mashinsky from Celsius promised to his customers. These are all empty proposals. Unfortunatelly, without a centralized body regulating and protecting customers through rules applied to entrepreneurs, crypto banks will end in scandals.

Without such rules the only alternative is that each crypto enthusiast keeps personal funds under his personal custody. Since it's not going to happen soon, I don't think crypto banks will replace the traditional ones.
2074  Economy / Speculation / Re: BTC Sentiment Poll for May on: May 01, 2023, 04:36:16 PM
Yes, May has started as a bad month for Bitcoin, as can already see the price dropping back to the 28,000$'s. But in crypto market we never know if what we are seeing is really what is happening. Whales and speculators gave the tone of pessimism to the market.

That is what they want us to think about the month of May, however, it might be just a trap to deceive investors into selling their holdings, so those same speculators and whales can acquire our coins cheaper and pump BTC again right after.
2075  Bitcoin / Bitcoin Discussion / Re: Do you remember this episode of Simpsons? on: May 01, 2023, 04:22:44 PM
That is why I would like to ask everyone here, which year do you expect the Bitcoin price to go beyond a USD value and achieve an infinite value?  
That is just a joke from The Simpsons series to show how absurdly profitable and valuable Bitcoin can be. It's illogical and abstract to think Bitcoin will have an infinite price futurely, like it would be regards any other asset or currency.

And actually Bitcoin has already gone beyond dollar's value, since 1BTC worths 28,188$ on the currently quotation. Cheesy
2076  Alternate cryptocurrencies / Altcoin Discussion / Re: they change the way we handle money and own things ? on: April 30, 2023, 05:57:03 PM
as decentralized finance (DeFi) applications and non fungible tokens (NFTs) become more popular, will they change the way we handle money and own things,

or will they only be used by a small group of people(like now being used) ?
The point is, why are they becoming popular and for how long? If it's just a temporary hype based on speculation for short term gains, it's definitely not going to be widely adopted by a major group of people, going beyond crypto speculators. In other words: they aren't going to change the way people handle money, because people don't see practical benefit in doing this change.

If someday DeFi and NFTs are seen as essential methods to deal with money and goods by a large parcel of the global population, then we may see traditional financial means being replaced by DeFi. That is really unlikely, though, as we see human beings have a constant demand for centralization, for being ruled by a central authority. There isn't an urge for decentralization in our societies.
2077  Economy / Gambling discussion / Re: Are you a fan of sports betting? Have you ever considered using Bitcoin sportsbo on: April 30, 2023, 05:05:38 PM
Have you tried betting on sports with Bitcoin? Share your experience in the comments!
This is the case of every gamblers on this forum, since Bitcoin and gambling are subjects of their interest, especially regards gamblers who promote casinos and sportsbooks on their signature campaigns' spots, so it becomes more accessible to bet once they receive their daily, weekly or monthly payments. With lots of alternatives of sportsbooks available, to bet on sports is really popular nowadays and for many a daily or weekly activity that is executed religiously.

Personally, when I have a guess about a soccer's game I look for Stake.com, but I'm not too active gambling, because I'm still recovering from a big loss which happened last year.
2078  Economy / Speculation / Re: The power of Bitcoin in global world on: April 30, 2023, 02:57:02 PM
According to Kemper's formula: A person need a total of 0.06624605 BTC in order to guarantee wealth worth $1 million.
I ask myself once this happens, how worthful 1$ million dollars is going to be... With accelerated inflation, our fiat currencies, including dollar, are leading us to loss of purchasing power along the years. Central banks keep printing money, raising wages, while products and services also increase in costs. In the end it's just a makeup to give the masses the impression the economy is thriving.

The only thing thriving for real is the number of digits on our daily transactions. What you could acquire before for 10$, now you need 100$. What costed 1000$, now costs 10,000$... At some point to be a millionaire won't mean a big deal anymore.

So, be prepared to hold much more than 0.06624605BTC if you aim life quality and stability.
2079  Economy / Gambling discussion / Re: Someone at FIFA/UEFA should do something about the referees on: April 30, 2023, 02:49:24 PM
The same applies to soccer. The team can't rely on the referee to win. They must show much superior performance to not allow this kind of trickery to get the victory from their hands.

That is relative though,no matter how good the team and superior in performance it maybe it cannot win against even the weakest opponent as long as they have a really nasty referee to judge the game.I am repeating that saying of a local league here where I live,the coach which had the game of his life,he needed the win against last place to become Champion and they lost it while playing at home,he said explicitly "with a referee like this one even Brazil cannot win,let alone us" and as such the referees need to be sanctioned just like they sanction the players,FIFA/UEFA should really do something about them,they are destroying football every day more.
If a referee blatantly steals the game it will have a negative consequence for him, without any doubts. On this case, it's obvious one team showed superior gameplay than the other, so the referee had to adopt an abusive arbitration to fulfill his shady goal. Therefore, it will have a consequence for the referee and he will be punished accordingly. It's hard to see this kind of situation for real, but if it happened, I believe the prejudiced team would have a new chance to play again, or its victory assured.

On the other hand, if he takes advantage of slight details to favour one team or another, it's likely it will pass unnoticed or it will be even understood by the league's authorities. At same time, it means both teams playing had similar performances, which were exploited by the bribed referee to take the team he wished to the victory.

2080  Economy / Economics / Re: Food Crisis - Improved, Worsen or still the same in your country (No Change)? on: April 29, 2023, 03:44:00 PM
Costs are constantly increasing where I live. Each new week food prices become more expensive and the portions become smaller, especially if you are looking for quality food. The solution is to buy cheaper products of inferior quality to maintain your finances healthy and sustainable.

Unfortunatelly I don't think this reality is going to change anytime soon, because the society is blind to this matter. They seem to not worry about foods' prices become more expensive and about having to consume inferior products. People simply go with the flow.
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