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2121  Economy / Gambling / Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest on: June 10, 2022, 07:23:18 AM
Yesteday I bought 1 WOF SPIN / ROLL with 900 RP

snip

and I got around half of it back, plus 200 sats and some lottery tickets. I think it's not bad. I had my fun, and also I hope to win something with my 500 lottery tickets.

snip

Why not? Smiley ^^

Also placed some sats on my favorite Lewis Hamilton with 19.47 outcome odds. We'll see how it goes.


Well it's not that bad but at any time 900 RP > 450 RP + 200 sats + 500 lottery tickets.
Even I had tried it once but my returns were worse than this so I never bothered again to spend my RP on this.
But again, it's good to have this option just in case we don't reach the 100k RP to exchange for BTC then we can use this option.
2122  Economy / Gambling discussion / Re: The digital ID for Gambling on: June 10, 2022, 07:11:39 AM
In the name of an incomprehensible "danger" for children under the age of 18, the rights of adults are being destroyed as always  Roll Eyes
By the way, I'm wondering if the ID system works, but at one fine moment the corrupt government shows "evidence" that the opposition politician is an avid gambler and lost millions, despite the fact that his official income is much less than these figures. How can you prove that he did not do this if the ID is, as it were, separated from the person but 100% certifies the person in the casino?

Proving that the ID belongs to that person in the casino is another thing but proving that the money was deposited by the same person is where the evidence lies.
The source of depositing the money into the casino will show us whether the money belongs to that person or not.
He can simply get away by telling that he did not deposit the money by himself provided the fact that the money is still there in his gambling account and he did not use it for gambling.

Most online casinos (at least those that I know and those that I deal with) now have the option of depositing an account through cryptocurrency. Taking into account the fact that not all addresses are 100% tracked, anonymous depositing funds to the account is quite possible. The most difficult thing in this scheme is linking the ID to the individual, but when the state controls this system, it is easy for them to implement such an algorithm.

In this case it really depends on what the evidence actually is. If the evidence is valid then yes it will be easier for the government to prove that the person is involved in money laundering.
But if the person is actually not aware and if the government is planting the whole thing out then there should definitely be a way to prove the person not guilty.
Anyway, it depends on us how we use the digital ID. For some it might be a good thing while for some it might be bad.
Other than that, there are always other casinos where KYC is not mandatory so people can just use those if they don't want to use this feature.
2123  Economy / Trading Discussion / Re: How to proper trade in you asset in this market situation? on: June 09, 2022, 03:49:29 PM
Hello everyone.

I'm try to trading professional trading not possible to in this market condition. how safe my asset proper way?

I mean if we see "when is market condition bear" then i would be perfect call to buy top100 crypto. But anyone suggestion in this situation when we fall in bear market.

Currently the market is range bound between $29k to $32k and is consolidating.
So if you want you can trade in the same range to accumulate small profits.
Also, even if the market is going bearish you can still trade and earn profits by shorting the coins.
You can do futures and set it to x1 leverage which is just the same as spot trading and this will allow you to short and make profits.
2124  Economy / Trading Discussion / Re: TA or FA which is a better choice for market speculation. on: June 09, 2022, 03:42:09 PM
It's best to use both TA and FA in my opinion. More preferably, we can use FA for the long term and TA for the short term.
TA gives us a good entry and exit point which we can use to gain more profits. FA gives us a firm belief that the particular coin will definitely do well over a period of time.
I mostly use TA because I already have my coins picked and so I keep trading them then and there to accumulate little profits.
I also have some coins which I am holding for a long term and will probably won't withdraw until necessary.
2125  Economy / Speculation / Re: Sideways huh! on: June 09, 2022, 02:13:34 PM
Well, we can say it is going sideways currently but we don't know until when. We can only wait until the price bounces back.
If you see the weekly chart we can observe that the price has been falling every week until today.
So may be will have to wait few more weeks to see if it's really a sideways trend or not.
For now, i think the best thing to do is to observe the market if its going downward trend or the other way around. IMHO, its far seeing a bullish market this early, maybe we can witness that at the last quarter of this year. So i think the market will continue to be bearish and that bitcoin and altcoins will probably experience more bearish movements. So it's best to wait how far this market will go. Only then we can decide what to do.

I don't think though that we will have the break out run that we wanted, maybe just a couple of thousands of dollars here and there, but not the one that we wanted to see. I even think that this month, it's going to even break $32k. we are indeed in the bearish trend and there is no amount of positive news that will push the market to get into at least a higher highs for this year. Let's just say we should expect this whole year as a bearish trend and not expect a sudden change to bullish market.
32k is really something hard to be break yet the price do make out some rejection whenever the price hits up into this range which we've been having this kind of behavior
for a long time or i do even expect that bear market could really be lasting for a year just like on what happened after 2018 where moving sideways is way too long.
You cant be sure on what would be the next move but much sure that bitcoin or crypto market as a whole would really be having those times of bullish runs.

Also, one thing to note is that after every bear market there used to be a catalyst that spikes up the market which is then followed by a bull run.
So we can keep waiting until there is a huge positive news in the market which triggers the bull run.
Until that moment, we can keep expecting bitcoin to go sideways and may be more downwards if a negative sentiment arises.
2126  Economy / Gambling discussion / Re: The digital ID for Gambling on: June 09, 2022, 01:54:47 PM
The problem is that by using digital ID there are chances of identity theft. Since the IDs will be stored online it might become vulnerable to hackers.
They must have high security on their site if not the outcomes might be disastrous.
Further more, using digital ID the government will be easily tracing the users for how much they gamble.
So that is kind of a privacy issue and the governments can very well take advantage of it.
The only useful thing that I find using digital ID is that it will restrict children under 18 from gambling.
May be if the government put a certain restriction on people from over gambling then may be that can help.

In the name of an incomprehensible "danger" for children under the age of 18, the rights of adults are being destroyed as always  Roll Eyes
By the way, I'm wondering if the ID system works, but at one fine moment the corrupt government shows "evidence" that the opposition politician is an avid gambler and lost millions, despite the fact that his official income is much less than these figures. How can you prove that he did not do this if the ID is, as it were, separated from the person but 100% certifies the person in the casino?

Proving that the ID belongs to that person in the casino is another thing but proving that the money was deposited by the same person is where the evidence lies.
The source of depositing the money into the casino will show us whether the money belongs to that person or not.
He can simply get away by telling that he did not deposit the money by himself provided the fact that the money is still there in his gambling account and he did not use it for gambling.
2127  Economy / Gambling discussion / Re: The digital ID for Gambling on: June 08, 2022, 04:28:52 PM
Apparently Denmark is all Set to Launch the new Digital ID rules for Gambling in the upcoming July. They have already been using some sort of identification but apparently this is new and improved and would apply for all the gamblers willing to submit their ID and use the services. EasyID is now going to be Replaced by MyID. The license holders of online casino would have to now integrate their systems in the manner that the government prefers. People are still waiting for an update but I would like to know what you think about the system of online ID? Integrating it with gambling might be saving some kids going on these sites but it might also be taking all the privacy away. What are your thoughts on this ?
Reference:
https://www.gamblinginsider.com/news/16594/denmark-to-introduce-new-digital-id-rules-in-july

The problem is that by using digital ID there are chances of identity theft. Since the IDs will be stored online it might become vulnerable to hackers.
They must have high security on their site if not the outcomes might be disastrous.
Further more, using digital ID the government will be easily tracing the users for how much they gamble.
So that is kind of a privacy issue and the governments can very well take advantage of it.
The only useful thing that I find using digital ID is that it will restrict children under 18 from gambling.
May be if the government put a certain restriction on people from over gambling then may be that can help.
2128  Economy / Gambling discussion / Re: How Profitable are Gambling Bots? on: June 08, 2022, 04:22:06 PM
Just as there are crypto trading bots, there are also gambling bots. According to Wikipedia, Gambling bots are software which use a gambling website's Application programming interface (API) to speed up the process of placing bets based upon a gambling system or betting strategy to decide which bets to place. In short, they are AI powered bots that do the betting for you. Aside form the risk of having your casino account closed, these bots are not ideal for all types of games. There are several reasons people give for using bots. From making betting easier, being able to use multiple bots at once, to being highly able to accurate predictions about a game’s outcome that could in turn increase the individual's chances of wining.

Have you ever tried to use the autobet on some gambling websites or have you successfully used third-party bot scripts for betting on sites where it is allowed? Did the bots win?



I think I can answer this question well because I have tried the auto bet feature on many games as well as I have used bots/automated scripts.
In fact I have created bots by myself which I have used to play some dice games at times. It was all for fun though.
Yes, I think they might come handy when we have a particular strategy in our mind. We can execute the bets as per our strategy without having to place the bets again and again.
Both playing manually and using bots have their own pros and cons.
2129  Bitcoin / Bitcoin Discussion / Re: Are we entering the era of CBDCs? on: June 08, 2022, 04:11:25 PM
CBDCs may act as a boon or a bane. Only time will tell us how the world is using it.
If it's amplifies the usage of bitcoin and altcoins then well and good but if not then it will certainly impact the growth of cryptocurrencies.
China is really taking it huge with the creation of digital Yuan and lately I came to know that China is growing more than US economy.
If it keeps progressing then I am afraid that the world reserve might shift from the US dollar to the Chinese currency.
Once that happens, it will be easier for China to manipulate the price of bitcoin.
2130  Bitcoin / Bitcoin Discussion / Re: PayPal allows users to withdraw Bitcoin to external wallets on: June 08, 2022, 02:37:12 PM
Now that's a good move from Paypal. Although it might not benefit Paypal at revenue level but it is facilitating an ever wanted service from their side.
There were so many negative talks earlier when Paypal had restricted the withdrawals in their wallet but now since they are allowing the withdrawals it seems like this might bring a positivity in the market.
The last bull run started when Paypal had announced that it is accepting bitcoins and may be this move by them may give bitcoin a little spike in the price.
Let's hope for the best of bitcoin and see how it goes.
2131  Bitcoin / Bitcoin Discussion / Re: Will owning 0.01 BTC really make you rich? on: June 08, 2022, 01:46:31 PM

There was a time when 0.01 btc was around 30$ and now it is worth 300$. That is 10x  increase in the worth in only 3 to 4 years. Considering this growth rate, we may see 0.01 btc priced at 3000$ in the long term. Even this amount will not make you the richest person in the world but still holding bitcoin as much as possible is beneficial.
well, if you aim to get rich with that value, I think it will be very difficult, even when 0.01 bitcoin is worth $3k, then I don't think it can be assessed as a rich person. however, in the future, the value of the item may go up, and $3k won't be that much.
however, a pretty good value held in the long term is 1 bitcoin. it might actually make you rich in the future. imagine when the price of bitcoin can be worth $ 1 million, then you can become rich with $ 1 million in some countries.

Yeah that's right. Although 0.01 bitcoin is not that much of a big amount right but it is still worth holding it.
As time goes, it will prove to be a worthy amount. It might not make one a millionaire but it might help him get through some large expenses.

As you said, 1 bitcoin is a pretty good amount to hold right now and the chances of 1 bitcoin going $1 million are quite decent enough.
If it does happen then yes one can become a millionaire just by holding 1 bitcoin.


Holding 1 whole Bitcoin is not a joke now, that's a fortune to average people who love to save and hold this asset.

We never know how high the value can reach as until now there are players who continue to work inside the market,
newcomers and experienced traders do have different perspectives, but the goal is the same, they both wanted
to earn and if by then the value of Bitcoin already reached $1M, that .01 BTC is something that you would really love to
have.

Yes ofcourse. At the same time, it would be easier for a person to accumulate 1 bitcoin right now while it is cheaper than when it has already reached  a price of $1 million.
Although it is a huge amount for many people including me but it is still achievable.
I personally think, ANY amount that we hold in bitcoin is worthy to hold it for a long term because bitcoin is so precious.
There are no limits to it. We never know how high it can go and so it's best to accumulate as much as possible.
2132  Alternate cryptocurrencies / Altcoin Discussion / Re: Binance Coin (BNB) Is Down 10% on Bad News Spree, But It Might Fall Even More on: June 07, 2022, 03:46:54 PM
That is indeed a very bad news. A similar situation to Mt.Gox might occur if things are not sorted out soon.
If things get worse then BNB coin might collapse just like LUNA and this will definitely affect all the other coins including bitcoin.
Binance is a huge crypto exchange through out the globe and if something bad happens with it then it might create a havoc in the crypto community.
A blood bath is inevitable if Binance doesn't get away with this soon.
2133  Economy / Gambling discussion / Re: Something Like This Happen To You on: June 07, 2022, 01:31:36 PM
We experienced unexpected events or moments in gambling like this one, you are calling it off a day in a session then you're suddenly on a winning streak thinking that it's your time to get back what you've lost will you go or will you stop and come back the next day.

I'm sometimes tempted to continue but I know you cannot beat the house, so most of the time I just call it a day and just wished that tomorrow or next time it's my lucky day. What about you what's your take.

Yes it happens with me quite a lot. But I am aware of the fact that if you are on a winning streak then there are high chances that the next bet will be loss.
So if you have a feeling that you have collected a decent amount then just quit the game and come back the next day.
Also, you can continue the winning streak and wait for 1 or maximum 2 continuous losses.
As soon as you hit the losing bet just quit for the day.
2134  Economy / Gambling / Re: Vulnerabilities in gambling websites in past on: June 07, 2022, 01:26:43 PM
There had been quite a number of Vulnerabilities in gambling websites since 2011 from satoshi dice to primedice and a lot more.

What was the total number of exploits and which ones were the lethal ones, I think that hufflepuff guy on primedice did the most damage.
The exploit was called something like "Race time condition" and I read something similar in my CS class but it was related to a banking system so it could be different.

Basically, it was giving multiple inputs to the system trying to get some response from the system in 2 places, and then exploiting the system.

Also, Is there any list for me to check regarding exploits? I'm thinking about developing something so it may come handy.

As long as there is innovation, there are vulnerabilities. Basically, if something is being created then it will surely have some kind of a flaw.
It's just a matter of time until someone figures how it can be exploited. This is why hackers and bug bounty hunters are being paid large amounts of money to find flaws in websites.
Even I am planning on to learn the art of cracking vulnerabilities but it's so damn tough to understand all the concepts.
2135  Economy / Gambling / Re: I want to make a telegram live betting group… on: June 07, 2022, 01:11:22 PM
I’ve actually been using telegram for very very long but i dont really see any good live betting groups. Like people share their prediction and thoughts around kind… normally i see a lot of fixed scams, posting ridiculous odds and winnings, really sick and tired of these scammers. But i dont really know if it’s easy or good to make one telegram group.

I kinda like community to share and chat around you know, everyone discuss about their games and what to bet and all. So eitherway, i’ve created a telegram group for sports and casino betting discussion. Give me some advice and opinion to better improve my group… it will be good for you all to be part of it too.  Grin

https://t.me/sportsliveforum

I am sure many people would have tried to create a group just like how you describe but would have failed.
I think the reason behind it is that it is difficult to moderate once a large number of people join the group.
Let's say the group has 10k active members and 2k of them are scammers. It will be really difficult for you to moderate the group.
Once people see there are scammers in the group who are spamming they will decide to leave the group.
So either you should be really good at moderation or setup bots which can identify spam messages and delete them.

Besides that, what's in it for the users by sharing their bets ?

Why would anyone follow or join a telegram group related to betting? Telegram is full of scams and spam channels and any user should avoid such channels. Another important question is why would anyone provide free tips to other members of that channel? Nothing is free when you are talking about money, there is always a hidden agenda behind such group.

Yeah that's the main reason why betting groups are not so successful on Telegram. It's full of spammers so nobody would wanna gamble there anyway.
Free tips/signals are quite common on Telegram. Although I don't know what's in it for them but I have seen many groups which provide free tips/signals.
May be they are just promoting their services and then once we are addicted to their services they ask for money for the advanced services they provide.
Or may be they use those tips/signals for their own benefit first and then later they share on to the users so that they can benefit more out of it.
2136  Alternate cryptocurrencies / Altcoin Discussion / Re: More SOL outages = Price dump on: June 07, 2022, 12:50:45 PM
It's a tough year for SOL supporters because of the recent outages in the Solana blockchain.
Bots keep on attacking the blockchain by spamming millions of transactions yet the devs don't have a solution to these.
It's no rocket science that spammers are using the low fees and high TPS as a leverage but this has to stop soon or else SOL will collapse just like LUNA.
The latest outage was today when the team had to restart the blockchain because millions of transactions were being spammed on the network and so they had to halt the blockchain.
I was once a strong believer of the Solana blockchain but this is really bad for a blockchain and completely unacceptable.

I sadly don't own any Sol myself because i missed the train a little bit over a year ago when it was listed on the exchanges and now i don't buy into it anymore because one of my principles is to not buy into project where early investors already made a x100 with or even more. Given the fact, that i don't own any Solana i also follow the new and developments around Solana not that closely but i still saw the nice of all the trouble the Solana blockchain is having. I have to say that i am pretty surprised that the price of SOL is not going down at all or maybe only a little when such a blockchain outage is happening. So it seems that the investors still have a lot of faith into Solana because if an other blockchain would have so many hickups then i think it would have a way bigger impact on the price.

If that's your principle then I have should ask you whether you have ever invested in bitcoin or not.
BTC has gone more than 1000x times yet there are so many people buying it.
Although it doesn't mean Solana might go 1000x too but judging a coin because investors made 100x already isn't justified in my opinion.
But I respect that you have your principles planned and you are following them. It's a good thing to follow your principles.
2137  Bitcoin / Bitcoin Discussion / Re: Fed rate hike during 2022 and bitcoin on: June 06, 2022, 01:48:09 PM
Do you think the interest rate from banks are better than the Bitcoin volatility as long term investment? That's really bad comparison. Even a the highest interest rate banks can offer didn't make you earn profit, but you will pay more due to banks charge, fees, etc. You also doesn't need to forget, fiat has high inflation rate, the more your money doesn't mean your value will increase too!

Raising interest rate to fight against inflation isn't entirely correct solution, if they want to really stop inflation, they must not print money anymore.

Yeah, even I wish that the governments should stop printing money but that will never happen.
As long as we have traditional fiat system the governments will keep printing money and the inflation will keep on increasing.
The expense will keep on increasing and at some point it will lead to an economical collapse.
This is one of the main reason to hold decentralized assets like bitcoin.
The only reason I am holding fiat money is to use it as an emergency fund. Everything else is diversified into my porfolio.
2138  Bitcoin / Bitcoin Discussion / Re: Will owning 0.01 BTC really make you rich? on: June 06, 2022, 01:42:57 PM

There was a time when 0.01 btc was around 30$ and now it is worth 300$. That is 10x  increase in the worth in only 3 to 4 years. Considering this growth rate, we may see 0.01 btc priced at 3000$ in the long term. Even this amount will not make you the richest person in the world but still holding bitcoin as much as possible is beneficial.
well, if you aim to get rich with that value, I think it will be very difficult, even when 0.01 bitcoin is worth $3k, then I don't think it can be assessed as a rich person. however, in the future, the value of the item may go up, and $3k won't be that much.
however, a pretty good value held in the long term is 1 bitcoin. it might actually make you rich in the future. imagine when the price of bitcoin can be worth $ 1 million, then you can become rich with $ 1 million in some countries.

Yeah that's right. Although 0.01 bitcoin is not that much of a big amount right but it is still worth holding it.
As time goes, it will prove to be a worthy amount. It might not make one a millionaire but it might help him get through some large expenses.

As you said, 1 bitcoin is a pretty good amount to hold right now and the chances of 1 bitcoin going $1 million are quite decent enough.
If it does happen then yes one can become a millionaire just by holding 1 bitcoin.
2139  Bitcoin / Bitcoin Discussion / Re: How do you feel when the market is downtrend? on: June 06, 2022, 01:38:19 PM
Well, if a trader plays his cards right then he can make money in both the bull and bear markets.
But most of us are attracted towards a bull market because of the massive gains.
For me, a bear market is quite normal because only after it ends we can again see a new bull market and may be this time with new ATH.
A bear market also allows us to buy more at cheaper prices. So it's like a sale for me.
2140  Economy / Gambling / Re: Betting Bots and Simulators on: June 06, 2022, 01:31:30 PM
There is one made from them https://bcgame-project.github.io/verify/crash.html i just take a look at their provably fair engine and i don't like it at all because they know the result from the future bets, they can't modify it, but the casino could take the money from the investors this way.

This one is only for the crash game right ? I guess you made this one for the dice game.

Also, even if they knew the results of the future bets how can they use it to their favor ?
It's not like they are changing the odds or something ? Could you please elaborate as it might help a lot of us.
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