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2101  Economy / Gambling / Re: Satoshi Auction - Bid on a prize where 98% of each bid is added to the prize. on: January 01, 2023, 12:49:07 PM
3 - Thank you for the feedback. For reference, I am a native English speaker who is 32 years of age. I have updated my personal profile website to remove the immature sounding paragraphs.

You definitely don't sound like a native speaker. The "Jack Murray" page looks fake as hell and is unintentionally hilarious. It'll probably work better for you if you just take it off.

2 - We are working on soliciting help from more senior members to gain trust. In the best setting, this will involve a serious escrow with a trusted member of the forum.

If you deposit sufficient funds in an escrow, then I guess all the fake personal info could be forgiven heh

Care to share which trusted member(s) are you in talks with? I don't think there's any reason to keep that a secret.

2102  Economy / Gambling discussion / Re: Is playing national lottery smart or waste of time? on: January 01, 2023, 12:32:00 PM
The target of the national lottery is not the real gamblers though, it is those small bettors who are hoping to win the jackpot and changed their lives.

Oh, for sure. It's actually funny how many regular lottery players would have a strong disdain for gambling, somehow thinking the lottery does not fall into that category.
That's just how the perception is formed: if everyone is doing it and it's state-endorsed then it's all good. But any other form of gambling is for crooks and degenerates Smiley

In my country, the government owned lotter serve another purpose by giving help to the poorest of the poor especially on giving medical and financial assistance. This is not a waste of time to others, but personally I see this as a waste of money even if its cheap because of multiple bets in just a month.

Fair enough, but they could still just finance any good causes from taxes, but there's a reason they prefer the lottery.
2103  Economy / Gambling / Re: Stake.com - The Leading Crypto Casino - 🦉 Drake, UFC, Everton Main Partner ⚽ 🥊 on: January 01, 2023, 12:17:25 PM
Quick question - does the affiliate program also work for UK sign ups? They would sign up to Stake.uk.com rather than Stake.com, which doesn't seem to support cryptocurrencies at all, doesn't have an affiliate program, and credentials from "uk.com" do not work on ".com" site, so almost looks like they're separate sites.

Not sure if this thread is monitored, but re-posting for visibility. If the affiliate program does not include UK sign-ups, are any other countries excluded as well?
There doesn't seem to be any related info on the 'affiliate' page.
2104  Economy / Gambling discussion / Is playing national lottery smart or waste of time? on: January 01, 2023, 12:06:46 PM

Topic and poll inspired by another thread - question:

Do you play national lottery games (Powerball, EuroMillions, Lotto etc)?

My view on big, often state-owned lotteries is they're designed mainly for 2 reasons: to make a profit and as a social tool that sells dreams of instant life change and massive wealth to the masses to keep them in line.

Most people are not satisfied with their lives and they need some sort of hope for the future to keep going and to prevent themselves from turning into crime, falling into depression etc. However messed-up your life might be, there's still hope that buying a cheap lottery ticket could potentially turn you into a millionaire (or even a billionaire) overnight. That's a powerful tool.

But the reality is, such lotteries usually have way worse odds than any casinos or gambling sites. So, mathematically speaking, you're better off gambling your money there.

Thoughts?

2105  Economy / Gambling discussion / Re: Betting strategy question on: January 01, 2023, 11:44:48 AM
...
The thing is that we humans are not great dealing with probabilities in our minds, so the casinos and other gambling companies simply use this fact in their favor.

It's not natural to think about probabilities, we are just not good at it. On the other hand for example we are great at thinking in terms of Newtonian physics, we don't need to calculate an equation to know how to throw a rock for example, yet we can think perfectly well how to do it. For probabilities you actually have to calculate the math behind it.

True, but that being said, every (or almost every) casino goer or other gambler is at least aware that odds are not in their favour and that's not the reason they engage in gambling.

The major appeal of casinos, be it physical or online ones, is probably the entertainment and the dopamine rush, while nation-wide lotteries with huge winnings sell people hope and possibility (statistically impossible but still) of changing their lives in an instant without any effort.
2106  Economy / Gambling discussion / Re: Betting strategy question on: January 01, 2023, 09:29:27 AM
...
I highly agree, in all honesty, majority of people don't care about EVs may it + or -, what they have in their eyes is the price.  If the price is huge no matter what is the chance, they will bet on it.  After all, the bet wouldn't make them any poorer but the win will be a life changer for them (given in your example)

That's true to a large degree - apparently the majority of adults in the UK play some sort of lottery games despite very low odds of winning. Most people may not be familiar with the concept of EV, but they'd still care if EV was high enough, i.e. a lot of people would not be interested in taking a $1 bet when they could win $1 million, but the odds of winning were 1:10 million, but probably everyone (maybe except religious Muslims) would take it if the odds were 1:10 (not that it'll ever happen). So the higher the EV, the more they care.
2107  Economy / Gambling / Re: Satoshi Auction - Bid on a prize where 98% of each bid is added to the prize. on: December 31, 2022, 06:20:13 PM
This website is one big red flag:

1 - no clear rules, i.e. regarding min bid increment
2 - no escrow - obviously no serious person would just send their bitcoin to an anonymous person with a newbie account. If you have good intentions - it's no-brainer to use an escrow at least until you build up some reputation on this forum.
3 - AI-generated image and personal description sounding like it was written by an English non-native speaking 10-year-old
4 - extremely basic design and poor wording (see point above) - you'd expect much more from someone claiming to be a former Google/Facebook developer
5 - "I am a proud polydrug user with experience in many classes of drugs. These days I stick to the law to the best of my ability." - LOL

Whoever deposits there - deserves to lose their funds.
2108  Economy / Service Discussion / Re: 📝[Discussion topic] Overview of Bitcointalk Signature-Ad Campaigns📝 on: December 31, 2022, 12:09:53 PM
I agree, if it's a major problem for campaign manager, they could just add an extra rule in the campaign post. But I vaguely remember from the past that some managers would auto-disqualify applicants who applied for other campaigns simultaneously. I was away from this forum for a few years so just wanted to check if there are some unwritten rules nowadays.

If they did, I don't think it was fair!
A user, when applying for another campaign, is just trying to get a better appreciation of his work. This does not mean that he wants to stop working on the current campaign, just that he wants to improve his conditions.

If a campaign manager starts to see that many of his current users are signing up for other campaigns, this is a sign that his campaign is no longer competitive with others in the market. Then, he should evaluate this with the sponsor and see what can be done to insure users.

Sorry for not being clear - I didn't mean a situation where active participants are trying to switch to a different campaign, but when one person applies for a spot in multiple campaigns. In such case, it's probably easier for a manager to just ignore such applicants as there's no certainty they will actually be interested in taking the spot if accepted.

In the comments above people are (correctly) comparing it to applying for a job in "real life". Well, "I'm not entirely sure if I want this job. I applied for multiple other positions and want to wait and see what they say" - is probably not something you would want to say during the job interview Smiley

When there's a large demand for campaign spots, and if there are plenty of quality posters to choose from, managers can afford to be picky.
2109  Economy / Gambling discussion / Re: Betting strategy question on: December 31, 2022, 11:47:45 AM

...

I guess what I'm trying to say is if it's a +EV bet but allowed only to take once then what's the point of EV?  One bet means nothing EVwise unless proven over a large sample.

That's nonsense and I don't think you believe it.
Let's see:

You can roll a dye once for $1 but if you win you get $1 million. You would take that bet, wouldn't you? And you would take it because of its massive, positive Expected Value. You can refuse to use the term "EV" for non-recurring bets and replace it with any other term if you wish (what would it be?), but it is what it is.
2110  Economy / Gambling discussion / Re: Betting strategy question on: December 31, 2022, 01:21:53 AM
This simple scenario presented by the OP shows us how little many people know about probabilities, and there are studies which corroborate this, after all even if the odds of the dice landing on the number in which we placed our bet are still the same, once the payout doubles it is worth to always take the bet as you are now the one playing with an advantage, and yet there are many people that would not take that bet as anything below a 100% win rate seems to be too risky for them.

Well, as per the scenario laid out in the OP, you can only roll the dye once. The probability of winning is therefore only 17% and of losing 83%. So there's also a logic behind not taking such bet.
2111  Local / Polski / Re: Binance vs FTX on: December 31, 2022, 01:06:49 AM
...
Tak jak napisałeś. Całe środowisko podłapało to tak samo "od razu pojawiły się pytania co z BNB, a także innymi tokenami giełdowymi" a fakt jest taki, że zagrożone są nie tylko tokeny giełdowe a wszystkie tokeny włączając ETH! Mimo tego, że ETH było już rozpatrywane przez SEC ale, uwaga, przed MERGE. Teraz posiadacz ETH ma bezpośredniu udział w tworzeniu bloków i w partycypacji w zyskach platformy. Więc nie tylko zarabia na rośnięciu ETH ale też ma regularnie wypłacaną dywidendę.

Ciekawe, że wszyscy pomyśleli tylko o tokenach giełdowych. Czyżby tylko one stały za realnymi zyskami firm, które je wydają? Pozostałe stoją za "pustymi pudełkami" z naklejką "kiedyś zmienię świat" więc nie kojarzą się w najmniejszym stopniu z papierami wartościowymi?

ETH można wybronić tym że samo posiadanie ethereum nie gwarantuje udziału w nagrodach za walidację bloków bo tak naprawde dostajesz nagrody za prowadzenie noda, nie za sam fakt posiadania ethereum. Wymagany depozyt to 32 ETH i, jeśli sie nie mylę, przy stake'owaniu solo udział w nagrodach nie jest proporcjonalny do posiadanego depozytu (tzn. dostaniesz tyle samo czy masz 32 eth, czy np. 50 eth).  Oczywiście inaczej to wygląda przy stake'owaniu w poolah czy na CEXach.
Dodatkowo sieć Ethereum jest zdecentralizowana i cena tokena nie zależy od wyników finansowych żadnej organizacji.

Otwarty atak SEC na ETH czy na tokeny giełdowe jest/byłby nieco dziwny bo crypto oparte na PoS czy tokeny giełdowe istnieją już od bardzo dawna przy cichym przyzwoleniu SECu.

Ja osobiście postrzegam SEC bardziej jako narzędzie do działań politycznych w szerzej pojętym interesie USA, niż jako instytucji której nadrzędnym celem jest ochrona inwestorów. Dlatego nie spodziewam się żadnych konkretnych deklaracji co do tego czy ETH jest, czy nie jest "security" - bo wygodniej im stać w rozkroku z bacikiem nad głowami i czekać jak sytuacja się rozwinie.

Atak na BNB jest o wiele bardziej prawdopodobny w ramach rozgrywek USA Vs. Chiny (wg teorii że Binance powstał i rozwinął sie dzięki wsparciu chińskiego rządu). Nie sądze żeby Amerykanie byli specjalnie chętni pozwolić Binance'owi na przejęcie kontroli nad światowym rynkiem krypto.

2112  Economy / Gambling discussion / Re: Betting strategy question on: December 31, 2022, 12:07:23 AM

What I'm trying to say is what would be the point of asking for such an exercise if you're just allowed to bet once then nothing?  It would be pointless talking about EV if you're just allowed to bet once.

This is just a simplified, easy-to-understand example of a potential real-life scenario, such as e.g. a sports bet with miscalculated odds (as mentioned in the discussion somewhere above), where you don't have any guarantee that a similar opportunity would happen ever again.

EV in gambling is the amount of money won a certain bet makes on average.  'On average' is a key phrase here as it means it isn't just making one bet.  It's about taking these +EV spots as much as possible and coming out ahead in the long run.  And it shouldn't be from a small sample size either, it should be from a large sample size to even things out and minimize variance from the equation.

It should be a repetitive bet over a large sample to achieve this...

EV = (83% x -BTC1) + (17% x BTC11) = +BTC1.04

The EV formula presented is widely used in many areas, not only in gambling (i.e. as a business decision-making tool), and does not only work when you have an unlimited number of attempts and does not represent a guaranteed outcome.

But yeah, if you want to see +BTC1.04 average profit on each bet, you'd need to be able to place an unlimited number of bets. But that's not what this thread is about.

2113  Economy / Service Discussion / Re: 📝[Discussion topic] Overview of Bitcointalk Signature-Ad Campaigns📝 on: December 30, 2022, 11:21:00 PM
It's probably would be best if managers themselves would tell what's their stance on it. We can only speculate. Personally, I think it's not big deal. It's inconvenience for managers if users who applied to that campaign got accepted into another. But probably not the major one.
...

I agree, if it's a major problem for campaign manager, they could just add an extra rule in the campaign post. But I vaguely remember from the past that some managers would auto-disqualify applicants who applied for other campaigns simultaneously. I was away from this forum for a few years so just wanted to check if there are some unwritten rules nowadays.

2114  Economy / Micro Earnings / Re: FreeBitco.in-$200 FreeBTC🏎Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest on: December 30, 2022, 01:17:57 PM
Hello! For the tenth day now, there has been a problem with the freebitcoin website. The site is often unavailable on the home Internet, but at the same moment it is available from the mobile Internet, from another provider, and the site is also often unavailable via wi-fi from the home provider, other sites work on the home Internet at this time. turned this question to the provider of the home internet - they answered that they do not block any sites. Please help me figure out what is the problem? For the tenth day now, the freebitcoin site either works or not on my home Internet Sad

Works fine for me, so it has to be something on your end. Try the usual - clear cache and see if it helps. If no luck, try a different browser, I use Brave and occasionally I have problems with some websites not loading properly or at all, but freebitcoin is not one of them.
2115  Economy / Gambling discussion / Re: Betting strategy question on: December 30, 2022, 12:48:15 PM

Just an update for those interested. I knew there must've been some formula for determining bet size and I wasn't wrong. The good old Kelly Criterion could be helpful here (something I completely forgot about) and the formula goes:

f = p-(q/b)

f - is the fraction of the current bankroll to wager.
p - is the probability of a win.
q - is the probability of a loss (q=1-p).
b - is the proportion of the bet gained with a win

So in this case:

f = 0.17 - (0.83/11) = 9.5% of the bankroll

That's much lower than I expected. And of course, applying Kelly Strategy is not a guarantee of making a profit, and the strategy is designed to do better than other strategies in the long run, so not necessarily the best way of determining a single, non-occurring bet.
2116  Economy / Service Discussion / Re: 📝[Discussion topic] Overview of Bitcointalk Signature-Ad Campaigns📝 on: December 30, 2022, 12:50:08 AM
What's the current consensus on participants applying for spots in multiple campaigns at the same time?

Is it frowned upon or acceptable?

I could argue both ways:
From the managers' perspective - it's probably a major inconvenience if accepted participants are actually not interested as they went with a different campaign.
From the participants' perspective - applying for one at a time could mean available spots in other campaigns can run out while they're patiently waiting for a response from campaign manager (which can take ages, or they could not respond at all) - which also doesn't sound very fair.

Thoughts?
2117  Economy / Service Discussion / Re: Overview of Bitcointalk Signature-Ad Campaigns [Last update: 25-Dec-22] on: December 30, 2022, 12:30:40 AM
Looks like the Hunnyplay campaign was re-launched with updated payment rates. That's a significant pay cut compared to original rates, but still quite decent.
As per the description, it's OFNP but only if some of the currently accepted participants decide to leave. Edit - it's now CFNP.

Source:

Please pay attention!
Hunnyplay team decided to adjust the per post reward until they integrate their btc payment system. It's also testing and tweaking the advertising budget to sustain long term too. If you agree with the new payment system then please post your current post number (for the current participants) and new applications will be considered too if any of our current participants decides to leave the campaign.

It means, the campaign is OPEN to fill all the slots it currently has.
Good luck.

Campaign rewards
Legendary members: $4 per post up to 25 posts each week
Hero members: $3 per post up to 25 posts each week
Sr. Members: $2.40 per post up to 25 posts each week
Full members: $1.60 per post up to 25 posts each week
Members: $1 per post up to 25 posts each week


This new pay rate will be applicable from 30th December 2022

Legendary members: $2.40 per post up to 25 posts each week
Hero members: $2.00 per post up to 25 posts each week
Sr. Members: $1.60 per post up to 25 posts each week
Full members: $1.20 per post up to 25 posts each week
Members: $0.80 per post up to 25 posts each week
10% bonus for providing support on Hunnyplay Ann thread in absence of the forum representative.


2118  Economy / Services / Re: [OPEN] Betnomi.com | Signature Campaign | Up to 0.0025 BTC/W on: December 29, 2022, 11:30:12 PM
Hey icopress. I'd like to apply for a spot, for both signature + avatar (whichever's available):

Username: pawel7777
BTC SegWit Address: bc1q79vqvnghljgu926g7gtuhnncq560kc24cur43t


I'll wear the signature/avatar once accepted.
I will edit this post and cross out the above if accepted spot in another campaign.
2119  Economy / Services / Re: [OPEN] Neodice.com | Signatute Campaign | Up to 0.0025 BTC/W on: December 29, 2022, 11:30:06 PM
Hey icopress. I'd like to apply for a spot:

Username: pawel7777
Current post count: 4700 (incl. this one)
BTC SegWit Address: bc1q79vqvnghljgu926g7gtuhnncq560kc24cur43t

Note: I also applied for another campaign run by you here, so if accepted in one of the campaigns - ignore the other application.
Please let me know if accepted and I'll update my signature and avatar.


2120  Economy / Trading Discussion / Re: copytrading on: December 28, 2022, 07:16:48 PM
Hello, what platform do you recommend to do copy trading that you can start investing with less than 100 dollars? I understand that most platforms require a minimum of 100 to do copytrading, right?
are there any other options besides bingx to start with less than 100?
And some tips to choose the best traders?

Hello, what platform do you recommend to do copy trading that you can start investing with less than 100 dollars? I understand that most platforms require a minimum of 100 to do copytrading, right?
are there any other options besides bingx to start with less than 100?

Not to sound rude or anything, but if you can't scrape together a $100 maybe you shouldn't be thinking about investing just yet and instead focus on developing skills to increase your earning potential. Just saying.

That being said, I think eToro allows deposits of less than $100, I think the minimum was $10 (depending on your location and deposit method) but not sure - but might be worth checking. And remember that majority of traders on such platforms would lose money.
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