Amongst the crowd of Bitcoin nay-sayers, Berkshire Hathaway's vice chairman, Charlie Munger has come out and vocalised his strong dislike of the digital currency. In an interview with The Australian Financial review, the executive belted out insults on the coin and also believes crypto engagement is a mass folly. Previously likening BTC to a rat poison, he further advised that investors run from it like they will do from an "open sewer full of malicious organisms" as he feels the best investment to make are from stocks generating real cash. I see this as a mere sentiment and he may have a change of heart. It's sad that there are still individuals who are content to been victimized by govt policies on finance than embracing digital freedom in the form of Bitcoin. Although, inspire of his negative impressions of BTC, it has proven to be a hedge against inflation and an alternative payment source that operates without government interference. https://news.bitcoin.com/charlie-munger-everybody-should-avoid-crypto-as-if-it-were-an-open-sewer-full-of-malicious-organisms/They've said it time and again in different forms - they are clearly against the idea of cryptocurrency but they've missed many great ideas in their time. They might well be right, Bitcoin might not turn out to be the best cryptocurrency - it is a very successful proof of concept in connection with the transparent blockchain ledger, but that does not mean it will stay number one forever. Telephones started out as switchboards, then morphed into ring dial land lines, then morphed into brick-type mobile phones, then you had tiny but rugged Nokia type dumb phones and now we have super advanced smart phones. Technology can develop and morph over time, do not assume that Bitcoin is the best just because it arrived first. It's worth remembering that Charlie and Warren are heavily invested in a credit card companies like American Express and Visa, so they have ulterior motives in undermining rival payment systems. |
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It could be on basketball, boxing or horse racing, or any kind of sport, after being in a particular sport for many years can you see or tell if a fight or event is fixed, there are upsets but in the back of our mind, there's a possibility that the match or game is fixed.
Most match fixing is only caught because it involves obscure bets that only a bookmaker would see and later investigate. It'll involve things like a football player forcing a red card in the second half of a game. The first bet might not get looked into deeply but a string of suspicious bets, usually focused around particular players would definitely set off alarm bells so it's not something that can last for long. If a bookmaker is ripped off, they'll definitely alert game officials and likely try to recover money by suing. All these things are normally kept behind closed doors to reduce humiliation and stop copycat activities. |
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I'm completely ignorant on buying currencies as a hedge or a safer place than the US dollar.
With a strong dollar would it be wise to scope a few percentages of like the Swiss Franc?
Just a thought I've never had before.
Thanks
I'm not sure what you mean "to scope a few percents of like the Swiss Franc"? However if your primary currency is not the US dollar right now it seems like holding a bunch of dollars in your portfolio might be a good idea, although it might be just as sensible to simply increase the percentage of US companies in a share portfolio to achieve the same effect. For all the bluster that some people around here like to share, it is clear that the US dollar is still relied on heavily by most countries and people as the safe haven of choice when it comes to any crisis. The printing presses have been turned off for now and the supply is tightening up a bit, which is probably what is moving the value up in comparison to other currencies. |
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Gambling is fun. And it doesn't matter whether you go to a land-based casino to bet or an online casino. When we bet, we celebrate our wins and count our losses. According to this study, the researchers found that gamblers are satisfied with small wins and will tolerate small losses but when they hit the threshold of loss, they will not play anymore. I will attempt to define threshold of loss as regards gambling as the minimum intensity at which a gambler can no longer tolerate a loss. My question is, can you remember a time when you reached your threshold of loss while gambling? If you're there for fun and experience a lot of losing, you'll be leaving the game pretty quickly. Take a poker table experience for example, if you are a short stack against a lot of deep stacks - they can apply a lot of pressure to you and make much riskier plays, so you better be damn good at the game or they will eventually knock you out even if it's just stealing the small & big blinds. The best thing you can do with most casinos is simply try to maximize the welcome bonuses and any promotions, because outside of that they are likely to win long term. They want you to build a habit, so the best thing to do is keep your play casual and irregular. My biggest recent loss was at a poker table in a casino and it's draining playing against pros when you know you are the fish. |
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Mexican senator Indira Kempis proposed a bill to accept Bitcoin (BTC) as legal tender in Mexico. The proposal document focuses on the fact, that over 67 million individuals in Mexico still do not have access to a bank account, which means that 56% of the country’s population still does not have this most fundamental of the financial system. Bitcoin would indeed provide a good opportunity for this high un-banked population to gain access to cheap, fast and reliable financial transaction. This is good news for Bitcoin because in the face of the bearish market, it is still acknowledged as a potent solution or option to financial challenges of nations. Although this bill would face a lot of hurdles to go through the legislative and executive processes, but if it is finally passed into law, it would be a big win for Bitcoin because Mexico would be a bigger catch. I'm not sure how prominent this politician is because sometimes people who are quite obscure put these proposals forward with no hope of them passing and just wanting to attach their name to a tech-type media story. El Salvador really needs to prove itself a bit more because at present prices it seems that their president threw away a whole bunch of public money in an already fairly poor country. Making it legal tender doesn't magically solve other economic problems, so even while it is good for the Bitcoin community it might be a slightly empty gesture for the average Mexican who is unlikely to benefit from it that much. Making general laws around crypto a bit clearer is probably a better place for them to start. |
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This post is based on the article published on the source: Source The source explores how around 49% of the users would deposit more money based on better withdrawal options. Apparently, the survey conducted by US firms explored various areas that stands really important for people. The key import things in there were : 1. Choice 2. Experience 3. Privacy 4. Preference They explored a new idea where having a player, having a traffic doesn't necessarily mean that the site got a new player, they generally didn't account it for until and unless they have made a ' Deposit ' Which necessarily improved when the Gambling platforms had more withdrawal options, things Like: PayPal, Debit Card, Online Gambling, Cash app, Gift card etc. Having the freedom of having so many options improved the players willing to deposit money by almost 49%!! This is certainly something that the Gambling companies do have to look into since this will go long way, thus changes needs to be made, What do you think, how important this option is for you? One really useful piece of psychology that many casinos research and try to improve is reducing the amount of clicks it takes for a player to be able to place a bet. All the way through from depositing to placing an actual amount into play, if they can reduce any friction along the way it helps the player "get into the action" and potentially forget about slowing down. Ease of use, feeling confident that the bookmaker is secure in all aspects and that winning bets will be paid out promptly can also contribute greatly to the user feeling comfortable. Familiarity is another key one, people tend to stick with one casino or sportbook if they find it gives consistently good odds. |
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Bank runs make u use crypto.
Stable coins are future nobody cant touch ur coins.
China bank run also coming cyber problems system down and so the only solution will be bininance exchanger our new bank.
Also poloniex exchanger is good as bank its an oldschool exvhanger so for older people retro.
But bank runs and out of liquitity with deflation and rate hikes not enough liquityty to everyone.
So bank runs coming and crypto is solution
So by that logic... Crypto runs, like when bitcoin plummets to 30% of its all time high, would increase the popularity of reliable and stable banking systems. Using China as an example for anything is laughable because they run such a centralised and authoritarian system which are prone to runaway mistakes. Besides that, bitcoin is still effectively illegal in China or comes with heavy risk, that even those Chinese users suffering collapsed banks don't have this option available to them. |
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Hello there, I tried accessing TrustDice today, which is one of the first cryptocurrency casino's I've been introduced into, but it wouldn't load, claiming that "Connection is not private". I thought something was fishy at the moment, but quickly realized that it was actually blocked by my ISP.  How should I deal with such an issue? I certainly thought of using a VPN, but I only have a free one, meaning that it could easily be used by another person on the website simultaneously, which could potentially lead to a ban. Stake and Fortunejack are also banned, after making a few guesses, Roobet still works fine. Unless this is a government mandated gambling site ban, then you as the bill payer should be able to turn this on or off. It's actually good for it to be turned on by default, as it might protect some children from engaging with such websites. If it's a good system, it will be learning and adding new sites every single day, sometimes using sites that users have already accessed with a comparison against a word blacklist. So even if roobet is working today, it could stop working at any time, so it's risky to start using a site on that basis because you'd have to login with a VPN at a later point after it gets blocked. Unfortunately if it is government policy then you might just be stuck with it and you described an issue with using even paid VPN's. |
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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 ?
Considering how so much of the world is now performing all sorts of important and sensitive activities online, it seems almost inevitable that each country will roll out a form of digital identity document eventually. Maybe even some version of a passport, based on a blockchain like technology that would be infallible to forgery. It depends on your view of privacy and many people/governments might not like having a transparent online equivalent service, but it'd be nice if it was equalized across all countries. Many people have actually pushed back against such individual identity documents, which doesn't make that much sense when you consider there are databases of drivers licenses and passport offices already out there. |
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I guess most people have no idea that evil money (cursed money) and good money (blessed money) do actually exist. It's important to know how to avoid the cursed money if you want to be always satisfied with your earnings no matter how little they are.
I want to show you how you can always have enough and avoid the curse of wasting & misusing your earnings.
The truth is if you earn money you do not deserve, you will end up wasting it until you are left with what you deserve. For example, if you are paid a thousand dollars for a work that's actually worth $300, $700 will be misused or wasted by you in different ways; you could buy $700 worth of electronics and it get stolen or spoiled easily....or the $700 will be lost utrightly. To avoid this problem, you need to make sure you do extra work for the one who is paying you and do it well so that it's actually worth the $1000 you were paid. Once this is done your money and things you buy with it is automatically preserved, because you deserve it
Good money is money earned from doing good work... that is, from solving problems without creating more problems, while evil money is money earn from evil work, that is, works that create more problems rather solving them. Money earned from doing good work, no matter how little is always enough. If you are not paid enough for your good work, you are naturally compensated with things you need in such a way that makes things look like you were paid enough. For example, you do a good work that is worth $1000 but you got paid $300, the $300 will be enough to buy you things that's actually worth $1000 or more. And these things will last long for you. People who do evil work end up with what they deserve. Workers reap what they sow: if they create more problems, they reap more problems making the big earnings they received not to be enough. If they solve problems without creating more problems they reap things without problems and they little they were paid becomes enough.
What I just revealed to you is a great Mystery of money/reward. It's worth alot but I give it to you for free. If you apply it in your life, you may never worry about money again but instead focus on solving problems without creating more problems.
This is how the CREATOR of this World designed things.
I wrote a book on this in detail, incase you are interested send me message.
Money is not good or bad. Any idea that it can be is fundamentally wrong. You are associating the activities that lead you to accumulating money with the underlying asset, which means you do not understand it enough and certainly should not be writing a book about it. You're trying to portray something but give pretty poor examples, besides obvious criminal activity which is illegal and could easily result in you losing money as fast as you made it, there are other scenarios where you earn money without contributing much to society. That is usually known as a rent seeking activity, for example renting out a house is not producing anything of value over the long term and simply extracting money from people who may be forced to pay rent because richer people have purchased up all the homes which makes them heavily unaffordable for the average earner. |
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Recently someone in our country just won a whopping 401Million Pesos(7+Million dollars) from our 6/55 Grand Lotto and another Winner of 5.9Million Pesos(105k Dollars) from our 6/42 Lotto draw. I am happy for these two winners but I am a little worried since the Lotto Organizer mentioned what city they are from. I hope that the Lotto organizer never mentions their names since these people who just had a life-changing experience could be in danger if they ever revealed their names.
In many lotteries it is up to the winners whether they decide to go public or not, they should be free to stay completely anonymous but naming a city or region where the winners live is also common practice. In cities with millions, or even hundreds of thousands of people, it is hardly outing them. Besides that, if these are such life changing sums of money ($105k may go a lot further in your country than elsewhere) then they will likely move into safer neighborhoods and maybe hire security guards in extreme situations, alternatively they might even relocate to another country. Whether they can be identified or not without their permission should already be clearly stated in the upfront terms of the lottery. Besides that, as long as they are given the option to stay anonymous, it can actually be beneficial if the occasional winner goes public because it shows that they're real and the money is not being fraudulently paid out elsewhere. |
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Hello all,
I have been following Bitcoin prices for some time, and now I'm doubtful if it is a good time to start accepting it as it has changed so much in the past months. Those who accept Bitcoin - is it worth it? And do you accept Bitcoin straight to your wallet, or do you use third-party services?
Thanks in advance!
It completely depends on what you're going to do with the Bitcoin on whether you should accept it. If you are selling goods or services, the method of payment does not matter a whole lot if you're going to convert it straight into fiat using one of the many payment processors available for this job. As long as you have factored in all the associated fees into the end price, you should probably accept bitcoin and other crypto because it's possibly another unique selling point you have over rivals. If you are accepting Bitcoin and keeping it, you are vulnerable to all the price fluctuations that come with it - good and bad. |
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This is why casinos are the most profitable industry, many people are not playing to win, they all know that there is a house edge and they will eventually lose but based on the study, people are buying entertainment. The first thing to note is that people don’t just gamble for the prospect of winning. Mark Griffiths, a psychologist at Nottingham Trent University who specializes in behavioral addictions points out that gamblers list a wide range of motivations for their habit.
Even when you’re losing while you’re gambling, your body is still producing adrenalin and endorphins – Mark Griffiths, Nottingham Trent University . https://www.bbc.com/future/article/20160721-the-buzz-that-keeps-people-gamblingThis adrenalin and endorphins are what feed gamblers to gamble more without logical reason even to the point that they have no chance to win. Many of us here will say that we are gambling for entertainment but this is the same reason why compulsive gamblers put in more money they want to feel high, so if you say I gamble for fun does this mean you admit you are buying entertainment to produce adrenalin and endorphins, so you keep on putting more money to get that feeling regardless if you win or lose. For most people gambling is just a form of entertainment and that is great if kept controlled. Some people might pop into a casino once a year with friends and throw down a hundred dollars they can spare, fully expecting to lose it all. Other people might buy a lottery ticket simply chasing the dream that a small amount could turn into a big amount if they get really lucky. Others might place a few dollars down a week on a sports bet on big events to "make it interesting". None of these are a problem generally, it's when it becomes a daily thing or amounts get far beyond fun money, at that point gamblers are often chasing losses that they have no hope of regaining in the way that they lost it - it's a downward spiral that needs to be stopped before reaching this point. |
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There is no demand for eur currency eurpe dont produce anything to export out of eu.
The biggest winners are those who sell things like russia and also norway since russia is out of the game the norway will take whole eu market so expect NOK to going parabolic bull run against eur currency the world will be full of unwanted eur currency so value of euro going down since everybody want to exchange their euros to get other currencies.
Off course winners are those who produce something and do a lot exports off course not goods but energy such us gas and electricity.
Another totally clueless observation by you. You have no idea how the world economy works apparently, the collective economies of all EU countries rival the size and scale of America, if not bigger. Europe produces some of the finest medical, tech and hardware of all countries. You're an absolute joke if you think Russia produces much of anything besides extracting minerals / gas and oil out of the earth, which requires very little skill - even the technology for that they have to purchase from companies in Europe and America. Besides that, Europe is full of culture and is one of the premier destinations for tourism because of both it's natural beauty, wide range of interconnected countries and general governmental stability. |
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Those 2 accounts I haven't used since 2019
But I was wrong and I accept
Then there is absolutely nothing left to discuss here and you should not even expect any further response from Sportsbet. At the very beginning you misled everyone here and left out this crucial part of "the story". You have used multiple accounts, it doesn't matter when they were created or how old they were. I don't understand why so many people here ignore how a terms of service works - just because you don't read them on a regular basis, often just assuming they are sensible legal policies, does not exclude you from being held to them if you agree to those policies at the sign up stage. As part of that it is clearly laid out that you cannot have multiple accounts, you had multiple accounts and abused a promotion then got blocked, end of story. Maybe you should lock or even delete this thread, as you now know were in the wrong. |
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So I was travelling to Switzerland and decided to browse for the best paying casinos, these are the few that I found: 1. Casino777 2. 7Melons 3. Jackpots The site that I referred to is here : https://www.casino.org/payouts/ Now the question is: ' Even though most casinos are probably fair how come some casinos have a better payout scale?' I do understand that the machines in most casinos have to work according to the requirements met by the country or the state but at the same time they also have to make the payouts profitable since no government will ask them to manage how much money they be giving their players. So is it highly personal ? I would like to encourage you all to research regarding the best payouts from the casinos near you. - Have you ever considered researching about payouts before playing? Many people seem to see the words "provably fair" and connect it with them being able to defeat the casino. All these non-skilled games have a house advantage built into them and this is factored in the the provably fair design - it will mean that out of 100 average plays of a game, 3 are guaranteed to be a house win and the remainder you might expect to be evenly proportioned between the player and casino if that is how the game is designed. It's a rather cunning way of tricking players who don't understand what the phrase really means within the context of gambling. In the highly competitive world of casinos, there is incentive to lower that ratio to appear more appealing to players and obviously the bigger the company the higher the profits so the rake can be lowered. |
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Does Sam Bankman-Fried's statement imply that the cryptospace not seen the bottom of this bear market? I am shaking my head because everyone who was going to capitulate appears to have capitulated already. There might not be more marginal sellers left in this market hehe. In any case, the article mentioned that the strong giants are FTX, Binance, Kraken and Coinbase. For our safety, let us speculate which exchanges should be avoided by the community. It is very clear that Poloniex and Bittrex should be avoided. What are the others? Bybit, Deribit, Kucoin? Sam Bankman-Fried, CEO of FTX, liquidator of the cryptospaceAfter throwing lifelines to troubled digital currency platforms BlockFi and Voyager Digital, Sam Bankman-Fried, the 30-year-old billionaire founder of FTX, warns that some crypto exchanges will soon fail.
“There are companies that are basically too far gone and it's not practical to backstop them for reasons like a substantial hole in the balance sheet, regulatory issues, or that there is not much of a business left to be saved,” says Bankman-Fried, who declined to name any specific crypto exchanges.
“There are some third-tier exchanges that are already secretly insolvent,” says Bankman-Fried.
Fried’s FTX, along with Coinbase, Kraken and Binance, are giants among digital asset exchanges.Read in full https://www.forbes.com/sites/stevenehrlich/2022/06/28/bankman-fried-some-crypto-exchanges-already-secretly-insolvent/?sh=4a2fe21a47f7It's actually probably true. In any new financial arena there will be a flurry of companies who try to jump in and in order to compete in the highly lucrative world of crypto exchanges they will want to expand fast. What do they do to expand quickly? Borrow as much money as possible and hope that the business plan of charging fees into customers works out faster than the loans come up for redemption. With the fall in the price of Bitcoin and the ultra competitive nature of the market, there are going to be some companies that did not account for that drop - they will likely go out of business. Fortunately relatively few companies are listed with a big amount of shareholders so the impact of their collapse will be limited to the few owners and potentially customer account funds. |
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A person needs to think deeply about a few things before starting gambling in online. Adherence to these principles a gambler have more chances of getting success in gambling platform which can make a gambler responsible from the start.
Things to obey:
1. A gambler should gambling as an entertainment, not as a way to make money or the earning source of money.
2. Don't try to bet with your everyday life leading money which is very much needed or can't afford to lose like billing, rent, food or something like that.
3. You should Understand the potential of the game, embrace it wisely and predict your chances of winning at that particular game.
4. It is more important to read the terms and conditions carefully other wise everything will be invalid.
5. No betting on YouTube reviews or anyone's advice. Prepare yourself to understand the advantage or disadvantage.
6. If you lose your assets then don’t pursue the losses.
I think your success in gambling will definitely visible if you follow the these instructions. Here you can add your knowledge and experience for the flourishing to this concern.
You talk about professionalism in the thread title as if you're building a career in gambling, then go on to say that you should only be doing it casually, so which is it? One good thing to know is how to play each game, which obviously comes from experience or research, because if you sit down at a poker table for example and do know about the small/big blind then you instantly mark yourself as a target. Pay attention to the table as well, if you make a big win sometimes it might be customary to throw a tip to the dealer as a kind gesture, all of these things make your experience go smoother. |
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After the agreement was terminated, Twitter's stock market shares lost 8% of its value. This is really bad news for investors who invest in Twitter stocks...
I think I know Elon Musk better with Dogecoin... He may be a very enjoyable and funny person in real life, but he is a ruthless wolf in financial markets. I think there is a big manipulation behind the Twitter thing. I have nothing to prove that. All my feelings and experiences make me think like this.
With Elon Musk terminating the agreement to buy Twitter, there's no doubt that Twitter market will plummet as we all know how the richest person move affect any market he goes into. Unfortunately, the ruthlessness of Elon in the financial market affect too much where he can literally control the market whether it increase or not. He is too scary to be involved in the crypto market as what he did during the dogecoin fiasco. The market had already factored in that Elon had lost interest in buying Twitter, which was why the price of a Twitter share was considerably below the $50~ price that he was offering far before today's announcement that he was abandoning the attempt to purchase. However the agreement that was laid out did not give him room to abandon the deal at the agreed price, so the board of Twitter are fully within their rights to force him to go through with the deal. There was also a disparagement clause that he broke within the first few days of announcing the deal. He knew that there was a problem with bots before attempting the purchase, in fact cleaning them up was one of the stated aims behind him buying the platform. You say he is ruthless, however it is more like a conniving and rotten type businessman only seeking to extend their influence by dirty methods. |
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I am not supporting the OP, but even multiple account on a single gambling sites by an user should have different approach, example can be a person that do not read the ToS, have two accounts but never used the two for any deposit bonus, these type of people should be left alone in a way both of their accounts can be merged and sending warning to such people and make them withdraw their money.
What a load of rubbish. There is no legitimate reason for people to have multiple accounts on pretty much any service or site, except for a genuine mistake where someone may have forgotten their old account but would still immediately forfeit any advantages gained from the duplicate account. There is even less reason to accept multiple accounts when it comes to gaining access to "free money" that is awarded via welcome offers or other special promotions. The casino is a for-profit company, their calculations for these special offers are all based around a single customer redeeming them with a single account. Once people start abusing these offers by creating multiple accounts then they start to lose money and the whole incentive scheme is undermined, they either deal with the abusers or other genuine customers lose when the offers are pulled. All this is stated in the terms of service, the contract, that a player enters into and agrees with in order to play there. You're talking about hypothetical situations where people don't redeem the deposit bonus, but this person was taking advantages of such promotions. |
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