As we all know the BTC narrative is that it is protection against inflationary FIAT currencies worldwide. Granted since it's inception inflation has not been spiraling out of control but it sure is now!
It is puzzling to me that the bulls are not stepping in scooping up more BTC at this price. Is it because no one wants to go first? I would have thought there would be some coordination between a few of them it will start the mother of all bull cycles but it seems no one is prepared to get the ball rolling.
I think that this ship has sailed at the moment, this latest price drop has definitely scared away a lot of investors - what good is calling Bitcoin a hedge against inflation if it has lost almost 60% of value since it's peak a few months back. Maybe if people are buying in freshly now and don't have any Bitcoin assets, it's a possible way to get in while the market is depressed, but many people are also predicting that it could drop even further. If stock markets start falling further (they have only had a rather small 10-20% correction so far but there is so much bad news possibly unaccounted for as well) then there is the potential for it to keep going down in correlation. |
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Arguably the UK’s most notorious sports bettor, Tony Bloom, is the owner of Starlizard, a company that describes itself as a betting consultancy.
Based out of Camden, London, Starlizard is also the sole adviser for Bloom’s betting syndicate, who every weekend have £1 million riding on any given football game.
This makes Starlizard the biggest betting syndicate in Britain and it is believed they make roughly £100 million a year, but that would be an average year.
Due to the secrecy surrounding the company, little is known about their total earnings, although it’s quite safe to assume it’s in the billions of pounds.
Starlizard’s 160 employees use complex statistical models to generate football odds that are more accurate than those offered by bookmakers. They even take into account the weather forecast and the overall morale of a team!
These ‘sharper’ odds are then sold to their clients so they themselves can beat the market! His much respected advice generates £13.8 million annually from customers.1 Betting consultants are gurus who have cracked the secret code of increasing one's chances of beating the bookies and sportsbooks. They provide professional betting advice to clients. Betting consultants have the experience, the reputation (they have consistently generated profits for clients over time), the expertise, and the necessary information needed to make the right betting decision. They are not Jack of all trades instead, they have their specialty. Specializing in one or more but not all of the following sports - Football, Baseball, Boxing, Horse Racing, Cricket, Basketball, UFC, Golf, and Motosport at both the professional and other levels. According to ZipRecruiter, the national average salary of a Sports Betting Consultant per year in the US is $69,887. 2Just like Tony Bloom and others, it is possible that you can turn your hobby into a profitable business venture if you are confident of your skillsets. Have you ever considered a career in betting consultancy? Source 1. https://www.tradematesports.com/blog/brighton-football-owner-tony-bloom-people-rich-sports-betting2. https://www.ziprecruiter.com/Jobs/Sports-Betting-ConsultantIt's a bit unusual but I can certainly see a small niche in there - it's where to find the information at the quality they are selling which is the problem. They likely have burned all bridges in trying to monetize it themselves because otherwise they would be making money that way instead of reselling such useful knowledge. They likely target the rich to super rich market, probably an internally kept secret on where to get the hook up that only makes it around members-only type clubs. If the betting companies found out that their clients were using such advanced information they would likely shut down even the highest rolling players if they turn out to be consistent winners draining the sportbook bank account. Always an interesting read on these sort of topics, I remember reading a similar one here about an Australian company doing a similar thing but betting in-house. |
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Money or wealth is the dream destination of many people in the world
Religion is the total believe of a group people on a particular being.
Most or everyone in the world today in which I am included believe in accumulating of wealth and making money.
More than Half of the life span of the human race is centred on making of money or wealth.
Making money legally or illegally, accumulating of wealth is the believe of most people in the world.
I stand to be corrected or cencitize
It's a tough way to look at it, but honestly religion has served us no better as a moral guide. It is equally full of people who chase power and use it for manipulative means, there are many out there but it is extremely rare to hear of noble religious heads doing humble deeds any longer. There is a lot of words that these religious people speak and recite, yet many reside within extremely wealthy looking places of worship - surely they should have the most basic standards of living in order to serve up to all the needs of the poorest. The religion of capitalism definitely needs strong regulation, it is constantly fighting against corruption and people who wish to undermine it for their own greedy outcomes - but it is the best economic method we've ever seen. However billionaires certainly need to be taxed a lot more. |
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Gambling have brought me big wins as well as drastic losses. If my entire statistics is calculated this used to be in loss. I've tried different plans to keep me away from Gambling, however I wasn't able to do it. In the beginning I never mind when I experience loss, because I was single and now I have a family. I used to gamble without fear.
In recent days whenever I get into gambling I used to experience some changes in my body. Particularly stomach pain and I myself found the difference while gambling and not gambling. When I wasn't gambling I never have such issues and I myself checked Google and diagnosed the below. Does anyone have similar experience. Atleast for my health I need to give up gambling.
One of the worst but most subtle problems that gambling addicts might suffer from is a lack of focus. Once you get hooked and play a lot, it can become almost robotic that you go back to it - even in times where you need to concentrate on something else like your job. Also during play it can drag on, where your concentration is solid at the start of a session but becomes a lot worse by the end because tiredness sets in, it's easy to hand money back to the house when playing for a long time. |
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The historical correlation of bitcoin with traditional markets continues to decline. Although quite recently, about 2 months ago, the situation was exactly the opposite: Bitcoin's correlation with Nasdaq 100 reached ATHIn the context of the current monetary policy of the Fed and its hawkish policy, this is a good trend. Now that all markets are outflowing funds and there is a pronounced bearish sentiment, the lack of correlation with the stock market and with various markets may not hold back the growth of bitcoin so much and allow investors to pour liquidity from traditional markets into bitcoin, thereby making bitcoin not risky an asset that investors considered it to be in the last 2-3 months, namely, a safe haven, value preservation. Also, a month ago, there was an opinion in the media that the growth of bitcoin in 2021 could be triggered by the transfer of assets from the stock market to bitcoin, as shares are constantly losing value due to the current trend to curb inflation and price growth, and this can lead to growth bitcoin prices in the region of $70,000-$100,000. Although I personally do not believe that bitcoin will show ATH in 2022, the loss of correlation may allow, for example, the price to rise to $50,000. I'm a bit confused, as the graph seems to be missing a reference to bitcoin, yet the correlation is taking place as we speak. Major markets are falling and so is bitcoin - that seems like a prime example where the correlation is strengthening. All financial markets are intertwined and when fear is running wild people just want to convert their assets into a stable form, which is most likely going to be something like us dollars. People are cashing out of shares and crypto assets right now. |
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Honestly, I haven't seen a banker or a casino close; the bettor always loses; why is that?
And when we win, how do we feel like that? Isn't it the joy we feel, and we still want to win more and more? And when we feel like this, it is called Greed. So, in other words, the real winner is the Banker and not the gambler, so even if you win 30 times and on the 31st you bet on all the results, you lose, which means it doesn't matter what you won 30 times.
Now let's not prolong this conversation; what if one of your family (Father, Mother, Brother-Sister, or Wife) or relative (Uncle, Auntie) is addicted to gambling or becomes addicted? What do you do? Here is my answer as follows,
- Don't feel guilty
- Never ever blame yourself for their Addiction
Now, I'd like to know your additional perception of this discussion; let us share our knowledge
to grow more here, your opinion, advice, or suggestion is much appreciated.
Look into how Donald Trump managed to bankrupt a casino, if you want to see an impressive display of incompetence. You slightly stray between two topics, why is it so hard to win and how you can help a problem gambler? It is hard to win because the casinos are either a) supplying fixed odds games or b) running a sportbook that is crunching a huge amount of data that the average player will not beat long term. |
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Question in hand
What do you think is the effect of enhancing Multiplayer Gaming implementation in the Gambling industry?
It seems like esports is a heavily competitive field with a huge fan base in the hundreds of millions. It's surprising that more gambling companies are not capitalising on these trends, because you tend to only see very old games like counterstrike and Dota accepting bets. I've seen FIFA short games on offer in one place but that seems to be the most recent example of a game you can bet on. It would get a whole new younger audience involved if they can offer tournaments in things like COD, battlefield and other titles. |
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I am quite certain their position on taking a loan against their bitcoin to buy more bitcoin is safe because they have more bitcoin to deposit in their account to avoid a margin call. However, taking leverage by borrowing against a volatile asset to buy the same volatile asset is very risky. The real whales of the cryptospace, Sam Bankman Fried, Changpeng Zhao and Arthur Hayes and the cryptofunds who follow them can manipulate the market to liquidate Michael Saylor.
This is starting to look like a very troubling moment for bitcoin, lots of people got into it when it was higher and might be put off forever with this persistent dip taking place. To see such a large hedge fund facing large losses will also see them being a lot suspicious and wary about opening new positions in cryptocurrency in future - or stop them holding it long term in the future. |
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I will not mention any particular gambling casinos, but what are your thought if the casino or casinos with good feedback from the community, but with one unresolved scam accusation but from all angles, the accusation is legit with all the screenshots, transaction hash email conversation are provided by the complainant lets say he is not allowed to withdraw his earnings amounting to $100k but from all angles the accusation is valid, don't you think with thousand good feedback, its enough for the casino to lose his reputation with one legit accusation.
There are so many nuances when it comes to the trust and reputation of a casino. Every casino and sportsbook should be fully honest about their processes, but just like players can make mistakes - it can even happen on the company side too. I would say it definitely takes a pattern of bad behaviour and many complaints from a variety of players to identify a bad company. Individual complaints can be complicated and the person complaining sometimes leave out significant facts when presenting their case and due to privacy restrictions the sportsbook might not be able to show all the facts either. |
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The topic of Russian aggression against Ukraine has been discussed for more than 3 months. Discussed by supporters of both sides, with different goals (of course, I am no exception)). But if at first I was mainly interested in the destruction of the terrorist invaders on my land (and this is only a matter of time), now I have begun to be interested in other issues that have emerged during these 100+ days of the terrorist attack on Ukraine. And those events that were the result of an attempt by a significant part of the world to put an unbridled terrorist country in its place (not Putin destroys Ukrainian cities and kills defenseless civilians, but ordinary Russians).
How, in your opinion, will the current situation develop, what changes await us, what can we expect in the near future?
Let's face it, Putin is an old man who is coming to the end of his life. Just in the last few days he has compared himself to Peter the Great and claims he wants to conquer more land for Russia. Every country deserves to be proud of parts of their history, but this war which has killed tens of thousands, is nothing but trying to build a legacy for Putin. He has achieved nothing for Russia in the last 22 years of power, so his last resort and act of distraction is to kill, rape and pillage other countries. It is a sick, sick ending and every Russian should be thoroughly ashamed of their government. |
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Hi there,
Are there any crypto sportbooks that allow winners to play there and dont start limiting players once they win a little bit?
Thanks!
It depends what your bets look like, if it looks like you are always taking bets at 2 decimal odds, then it's possible you might be running some sort of arbitrage operation and they will shut you down eventually because it is a money leak for them. If you are betting higher odds than that you should be safe because the payouts are going in the favor of the sportbook more often than not. They might also ban you if they see suspicious bets placed down which could be related to match fixing. |
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Global bitcoin adoption to hit 10% by 2030: Blockware reportI am surprised to see that bitcoin adootion is not yet up to 10% of the world's population. See the blue arrow, where we are in 2022, very not close even to 5% of the world adoption. With bitcoin presently at $30000 and having over $500 billion marketcap, I thought the world's adoption would have been more, but not. Bitcoin lost it's main use as cryptocurrency ,when it became a financial instrument for horders ...beside gambling,hording,and speculation ...i don't see main stream shops adopting it ... It is a bit of a paradox and the headline here is referring to people "using" it. However there are many definitions to that, is someone who signed up at an exchange who ran a free 2 dollar giveaway once with that amount sat in their wallet a user? What about a wallet owned by a hedge fund, are they calculating those investing as people using it? Are they including wallets with dust amounts in, which sit abandoned never to be used again? I have a feeling this headline number is very tweaked to fit a story. |
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The founder of financial tech company Block Inc., Jack Dorsey announced he is collaborating with the rapper Jay-Z by launching a Bitcoin Academy in Brooklyn. The Bitcoin Academy’s mission aims to empower and provide education to the region. The project’s website further details that residents of Marcy House, located in Brooklyn, New York will be eligible for free courses and other benefits like internet data plans. I think this is the motivation we need to help create awareness in their various countries and educate our people on the benefits of cryptocurrencies. Thoughts?
https://news.bitcoin.com/education-is-power-jack-dorsey-and-jay-z-launch-a-bitcoin-academy-in-brooklyn/?webview=1 It's a very small step in the right direction. However I think that a more general financial training center, maybe with bitcoin playing a bigger part of the curriculum, would be more beneficial for the people who might be attending. It takes money to make money sort of thing, what good is bitcoin education if you do not have the foundational blocks of training in all kinds of other finances. There are many ways to lose money in the world which people need to be aware of and it might not always be taught well at school. |
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recently I've come across some information for an upcoming soccer match and I'd like to place a big bet of 50-100k, how easy would it be for me to take out a loan and how long would it take? has anyone else done something like this? feel free to message me or comment below  If you have to ask such a question then you are most likely never going to be approved for such a loan without committing some sort of fraudulent falsification (which is very bad). People give out loans to responsible borrowers and gambling on something, which you can never be assured of the outcome, is tremendously irresponsible. Until you save up such an amount you will never appreciate how hard it is to earn and it should never be gambled. The only people who can afford to do such things are the super rich who don't borrow. |
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Annual inflation in America reached 8.6%, a record high for the past 40 years: Inflation rose 8.6% in May, highest since 1981- The consumer price index rose 8.6% in May from a year ago, the highest increase since December 1981. Core inflation excluding food and energy rose 6%. Both were higher than expected.
- Surging food, gas and energy prices all contributed to the gain, with fuel oil up 106.7% over the past year.
- Shelter costs, which comprise about one-third of the CPI, rose at the fastest 12-month pace in 31 years.
- The rise in inflation meant workers lost more ground in May, with real wages declining 0.6% from April and 3% on a 12-month basis. Monthly inflation instead of the forecasted 0.7%, reached 1%. This news caused a dump in the crypto market, bitcoin is again trading near the $29,000 mark While it is a shock to the system and is going to be very damaging for the average person if it persists over many years, it's easy to forget that other countries like Turkey are claimed to be suffering something like a 50% real inflation rate. The longer such rates stick around the worse things can get because people seek raises of the same amount which pushes the cost of goods and services up even higher. It becomes a vicious cycle, but the world economy is looking very dysfunctional right now - the Ukraine war is really not helping. |
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A question to slots players out there, have you ever felt the uncontrollable urge to gamble after exposing yourself to slots games for a long period of time? How did you manage to keep sane after being exposed to the most addictive gambling game in the industry? It makes sense really because addiction is mostly the result of repeated behavior, except for cases of chemical addiction. Once you form a habit by playing a game like slots a thousand times, you start to become conditioned to want the same. As there is no element of skill involved, you're not trying to outwit or outplay an opponent so your mind simply ends up on autopilot. This is one reason to stay away from such zero skill games, besides the fact they are guaranteed money losers over the long term. |
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Judging by the ridiculous inflation going on it is inevitable that we will end up in a recession. It's also a fact that all recent recessions have taken place after record oil prices, just like we are seeing right now. Economic outcomes are often revised up and down in later quarters so it might be misleading to only rely on current estimates. Covid really threw everything out of whack and caused a mini cycle of its own. Let's hope this is a short and sharp recession, not one that is longer drawn out. |
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Reserve Bank of India (RBI) Deputy Governor T. Rabi Sankar says central bank digital currencies could “kill whatever little case there could be” for cryptocurrencies, like bitcoin and ether. RBI Deputy Governor T. Rabi Sankar talked about the potential impact of central bank digital currencies (CBDCs) on cryptocurrencies, like bitcoin and ether, at a webinar organized by the International Monetary Fund (IMF), local media reported Friday. By “private cryptocurrencies,” the Indian government and the central bank refer to all non-government-issued cryptocurrencies, including bitcoin and ether. I know IMF are huge critics of Bitcoin and any country that adopts Bitcoin as a legal tender, they're also involved one way or the other innit . As I don't blame RBI much, only scared of dollarization https://news.bitcoin.com/indias-central-bank-rbi-warns-crypto-could-lead-to-dollarization-of-economy/ which they say are not of them countries interest. Asides that, drug abuse and money laundering has been a norm over there. IMF are chiefly responsible and Championing the move against Crypto Currencies and Bitcoin all for them selfish interest... But do you see any possibility of Central Bank's Cryptocurrencies killing Bitcoin, Crypto Currencies ?, although China imposed huges bans of any other digital currencies except there's and are doing quite well ( Economy ) correct me if I'm not! What you think?! Central banks have a lot of influence over laws surrounding finances which include cryptocurrencies, so what they say matters. If they choose to get stricter and implement bans then it will be devastating, especially if a big bloc like the EU was involved. Eventually they will want to make their own after seeing it is useful and popular - if it can replace physical cash with increased transparency that could be good for the taxman too. |
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I still don't know why people are making stake and pd look like the best dice sites when they are actually the worst. 1. They do not give you loss back. 2. The top high rollers are fake meaning you will never win first place Or the fake lotteries. Why are people hyping these useless sites when these sh*t things they do are obvious. And yes some clueless or paid supporters will come trying to refute this claim. And I will ignore them like I ignore plagues.  And for people talking about my bad rep , it was given to me my Dean Nolan of the number one scamming site betking. I told people he was a scam and the site will run with their money and some Id..ots like the ones attacking me here attacked me saying he was credible and the site is credible. Most of them where paid to do so. Today beking ran with millions of dollars people invested. I don't care if I get 1million bad reps from paid casino puppets, I will keep saying my sht as it is. Stake and pd are overated and worst sites in crypto gambling You might be right but without proper proof (which is pretty hard to attain) at the moment the second statement is unproven. You'd be surprised at the strange behaviour of high rollers who live in a different bubble of wealth to the average person. I'm confused by your first statement that they do not give loss back? Are you on about some sort of cashback or take returned to player? I wouldn't imagine any casino gives money back on losing bets because taking money is their entire business model. |
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Against the background of all the bad news lately and the terrible state of the markets at the moment, here is some positive news which should put some more confidence in the newbies, that not everything is lost, and how the bitcoin market died for 1000th time, again. Don't get fooled by the news sources saying that Bitcoin is dead and crypto is just a bubble. This type of narrative has been around since satoshi's era so, let's focus on the positive. Here's the link to the news.. https://news.bitcoin.com/report-uae-airline-emirates-set-to-use-bitcoin-as-a-payment-service/The United Arab Emirates (UAE)’s leading airline, Emirates Airline, will soon embrace “bitcoin as a payment service,” the company’s chief operating officer (COO) Adel Ahmed Al-Redha has said. In addition, the airline will add non-fungible token (NFT) collectibles on its webpage.
Reports of the airline’s plan to embrace bitcoin come just a few weeks after it revealed its NFT and metaverse plans. As reported by Bitcoin.com News, the company’s goal with the metaverse launch is to ensure the airline is “aligned with the UAE’s vision for the digital economy.” If you consider how much money is flowing around the crypto market at any point and the relatively good liquidity available to convert it into cash, it's reaching the point where bitcoin should be integrated into most payment processors soon enough. There might have to be price limits because higher amounts are harder to convert instantly. These sorts of companies are going to convert these bitcoins to cash instantly because they're unlikely to want any volatility longer term. |
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