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241  Economy / Gambling discussion / Re: Where is the fun when you lose your money? on: April 22, 2024, 07:28:04 AM
~snip~
as we are different that is how our mentalities and the thinkings are different also many people have different understanding in gambling and some people have their own way of understanding gambling so such is life and it is something that we think on our own, so whoever that says that the gambling is basically for entertainment or it is a place they want to lose their money I think about that person is telling fallacy because they objective or the aim of anyone who is in gambling is to make money through gambling by winning any stake he or her placed in gambling

Yeah, different people will enjoy gambling in different ways, but at the end of the day the main driver of gambling is the potential to win more money than the amount the gambler put in first.

This is actually quite a difficult thing really, because the probabilities are actually against the gambler. The most probable outcome is that the gambler will end up paying to the casino.

The thing is that some gamblers forget about the money they have spent already, and if they win big once, even though it doesn't cover the costs, they would be happy.
242  Bitcoin / Bitcoin Discussion / Re: Which block marks the halving? on: April 20, 2024, 02:17:31 AM
It begins the moment the last block of the previous reward era is mined.

Block 0 marks Genesis: https://mempool.space/block/0

This marked the beginning of the first reward era.

Each halving event occurs after 210,000 blocks are mined.

So, considering block 0, after block 209,999 is mined it means that 210,000 blocks have been mined already, so the reward is halved for the next block. This block marks the beginning of the next reward era, in a similar way that Genesis marks the beginning of Bitcoin.

These are the blocks that mark halving events:

- Block 210000 marks the first halving: https://mempool.space/block/210000

- Block 420000 marks the second halving: https://mempool.space/block/420000

- Block 630000 marks the third halving: https://mempool.space/block/630000

- Block 840000 marks the fourth halving: https://mempool.space/block/840000

All of them are "golden" in mempool to mark its significance


Note: Edited this because I was missing a 0 in some block references...
243  Bitcoin / Bitcoin Discussion / Re: Original "Buy Bitcoin" sign for sale at an auction in a couple of days on: April 20, 2024, 01:48:16 AM
~snip~
tdiggles is really obsessed to win the auction. Cheesy

He looks like an OG and value his privacy, so he might be a honest bidder.

While the another person Tristan Lamonica who work on Parliament of Canada. There's a chance he know Christian Langalis personally because he live in neighbor country.

There are only a few people bidding there. I personally can only recognize cryptograffiti.

He is a Bitcoin activist artist, and I stumbled upon his work some time ago. He has many great pieces of art that you can see in his website: https://cryptograffiti.com but I think these are the most relevant for this thread:




Although my favorite is probably Running Bitcoin, "signed" by Hal (it is his credit card): https://cryptograffiti.com/products/running-bitcoin





Quote from: cryptograffiti
Repurposed credit cards, acrylic and bitcoin node on used bank deposit box

28 cm x 54 cm (11 in x 21.5 in)

This piece was created to commemorate the 10th anniversary of Hal Finney's involvement in Bitcoin.
Repurposed credit cards sit atop a used bank deposit box.  Inside, a customized node allows one to "run bitcoin."   This WiFi-enabled node is adhered to only run when paired w/ the art.  Embedded within the work is Hal’s signed credit card given to me by his wife Fran.
244  Bitcoin / Bitcoin Discussion / Re: Talking about bitcoin with my voice to someone else. What should we use to talk? on: April 20, 2024, 01:36:09 AM
Bitcoin is just one of those things in life that involve a lot of sensitive information that needs to be kept from the constant presence of adversaries.

The whole concept of bitcoin itself is built on the foundation of cryptography. A and B talking, with C knowing fuck-all.

What would you say is the most safe tool to use if I want to communicate sensitive information to someone with my voice?

This thread can also serve as discussion for best practices when verbally communicating bitcoin.

~best

If the communication is somewhat asynchronous, you could get away with recording your voice, encrypting the file, and sending that.

Of course it is not super practical for a one to one communication. In that case, the best is to go to somewhere private, or where there probably isn't any device spying on you, say for example take a hike to a national park, or in the middle of a forest.

But the best of all is to not say you own Bitcoin.
245  Bitcoin / Bitcoin Discussion / Re: Everyone is celebrating about the fourth halving but what is this? on: April 20, 2024, 01:30:26 AM
There is a ton of excitement to try to be in the halvening block, so many people put their transactions with a lot of fees to try to be there.

The ones that lost the chance will be queued for the next one, which might explain the large fees for that block.

You can see the differences in sat/vB between these blocks:



In this case, the "golden" block was mined by ViaBTC, congrats to them!.
246  Economy / Gambling discussion / Re: Do you believe in gambling experts predictions? on: April 18, 2024, 08:39:18 AM
~snip~
I really don't believe that there's someone out there who's just too good with predictions that they'll be able to predict the outcome of a game with a 100% success. Yeah I believe there are people who are pretty good with predictions but they're nowhere near perfection in it because they'll surely get some predictions wrong, maybe out of 10 predictions, they may be able to get up to 6, 7 or even 8 predictions but always getting all 10 is absolutely impossible.

And placing all your hopes and trust on these experts could often lead to poor decision making and risk management, which could result to a great deal of loss. So while depending on these experts, there's every need to apply caution and proceed with extreme carefulness.

The thing is that if you have 100 people making predictions for a while, then probably one or two of them will have quite a lot of correct ones.

People will think that they know the future, and pay money for it, etc, but in reality it is just how probabilities work.

I mean, Paul the Octopus got 12 out of 14 matches right (85.7%):

247  Economy / Gambling discussion / Re: Saudi Professional League 2023/2024 on: April 18, 2024, 08:36:02 AM
Guys, what's your opinion on Cristiano Ronaldo at this moment?  

Actually, I don't think he should be so serious about his career anymore, the way he is trying to be. It still definitely looks like he wants to play the next World Cup and also he actually believes he will be able to win the next World Cup with Portugal. and the way he has been behaving in the field recently, it has not been very good. He could do those things and get away with them when he was in form and in his prime.

Well, I guess people could say that he is still in form. but being in form in Real Madrid or Juventus is very different from being in form in the Saudi league. It is really sad to see a player literally becoming the villain like this. But he should also understand that if he reacts to these things, people will do these things more and more.

regards

duke

I think he is just trying to maximize his ability to make money in the last part of his career.

I don't think he's doing it just for fun, it's probably in just for the money, and the current team probably was the only one happy to pay that much for him.
248  Economy / Gambling discussion / Re: Claw Machines: a category of gambling? on: April 18, 2024, 08:34:49 AM
~snip~
But, it's an arcade game or at least that's how it has been in the legal terms which is why everyone is allowed to play using claw machines especially kids.

We can say the claw machine is rigged and all but still it needs skill to press down the button at the right second to get the rewards. Moreover it's not addictive that we correlated with the term gambling.

Yeah, I agree with this.

There is a legal distinction between games of just randomness and games of skill.

If you have randomness then it's basically a casino and you need a license, but if it is a skill based game, then it's just a form of entertainment, like a fair for example.

There is a legal distinction as you mentioned.
249  Other / Off-topic / Re: How can we help beginners not to get addicted on: April 18, 2024, 08:32:54 AM
~snip~
I agree that if someone approach gambling to make money they have higher probability of getting addicted than someone who approaches it for fun
it's not given, because there's a lot of variability from human to human
but probably.

One interesting thing to think about is how casinos could make their games and engines less addicting though it goes completely against their interests.

Yeah, but the main attractiveness of casinos is the idea that you can earn money from the games.

The games themselves are not really that entertaining, because they don't have to be.

They just need to be random in a way that makes the casino earn more than they pay to the gambler, and that's it.

There would be very few people playing if there was no real money involved.
250  Economy / Gambling discussion / Re: Which one is fun, watching with bet or without a bet? on: April 18, 2024, 08:30:29 AM
~snip~
Yeah, but for those who bet on a single bet, it will be better to watch the match so we can see what happens on the field before deciding whether to bet again or not.
Actually, this also applies to anyone who only bet on parlays, when you see one of the match will be lose - you have a chance to turn things around by placing a single bet on that match, because you watch the game and might able to predict the outcome.

Yeah, but the odds change in real time with the match.

Let's say a team scores two goals in the first half, then you check the odds and they will be paying way less than in the start of the match.

Otherwise it would make no sense for the casino to keep that bet up.
251  Economy / Gambling discussion / Re: Which one is fun, watching with bet or without a bet? on: April 17, 2024, 02:26:40 PM
Personally, as a bettor, I find it very stressful when watching the game you are betting especially if it will end up a losing bet.
I personally don’t like watching games i bet on and just like you i also find it very stressful, i don’t have the courage to watch them or even follow them up on livescore app until the end of the game to check how the match ended up. I find  very disturbing for me, at some point i prefer to place multiple bets and not bother about how the matches are going and only come to check them out after the end of the game.

Quote
If we have the same experience, how do you cope up with that problem, after all, gambling should be fun but why we have this kind of feeling that we feel disappointed when our bet loses?
Well it depends on wether at that time i gamble for fun or probably for funds. Most times i gamble for fun but it doesn’t matter for me because even while gambling for fun i find it difficult to watch any game i gamble on.

Yeah, I guess it depends on how you see the outcome of the games...

If you only care about the outcomes, then probably it is not a great idea to bet on these..

Instead, it could be a good idea to bet in something else and just enjoy your free time.
252  Economy / Gambling discussion / Re: Rich or poor gambler, who should risk more? on: April 17, 2024, 02:25:03 PM
~snip~
that's correct
people with more money can afford to take more risks
but the greater too if they end up losing it all or something like that

it's important to be alert and avoid taking decisions out of emotions... going slow is good

Maybe, at least in this country, if you go to a cheaper country then the minimum bet is very small....

People can end up taking more risk with lesser amounts of money..

That can happen and they might end up losing the same amount of money, but they are under the control of it at least, hopefully...
253  Economy / Gambling discussion / Re: The madness of gambling addicts. on: April 17, 2024, 02:22:59 PM
~snip~
On the time that you do make yourself getting addicted then this is the moment you would really be having that kind of tough challenge on making yourself that getting out of addiction.
If it was easy in the first place then this is something that anyone could easily do it and gambling business could be not profitable in compared on what are we are seeing now which is really that entirely different. Gambling is really just that for fun, it is really just that there are people who are really that delusional or someone who do really wishing up on something we know that it cant really be that possible because gambling is all matter with luck and not something that you could really be able to make yourself that getting rich because it would really just that matter on how lucky you are
on a particular condition or moment.

It is definitely not an easy thing to do, it actually can be quite a difficult thing to do...

If you manage to get out of an addiction, it makes sense if you have a strong sense to keep that out of your area, so that you don't continue with your normal day to day stuff...
254  Bitcoin / Bitcoin Discussion / Re: Original "Buy Bitcoin" sign for sale at an auction in a couple of days on: April 17, 2024, 02:18:32 PM
Wow. I actually remember the day that this happened. And if I recall correctly, if you followed his advice and bought bitcoin on that day, I think it was the last time bitcoin was at that price.

He became an icon after this event. He might of lost his position because of this stunt, according to a few press interviews he did shortly after. I find it crazy that he held on to that piece of paper for so long. I assumed it would of faded in color by now. Those types of notebooks dont hold up very well for long periods of time .

But I agree with the above poster, it was in the notebook and then he tore it out, and now its in the notebook again? Doesn't make sense.

Yeah, it's a weird feeling in my mind.

On one hand it is the amazing dude that showed the sign and is now selling it, fair enough....

But...

It doesn't look right if he also posted a photo with the sign and an address talking about it...

I don't know, maybe you can make the paper nicer and "forget" the marks you can see before... sure.. but if he actually shows the sign outside of the board it would actually make me think better of it...
255  Bitcoin / Bitcoin Discussion / Re: Original "Buy Bitcoin" sign for sale at an auction in a couple of days on: April 16, 2024, 10:14:45 PM
I think signs like this are best places at museums. I tried to google crypto museums and Bitcoin museums and couldn't unfortunately find any that are offline, so maybe it's something for the future. But there are museums of money, and it's about time for them to have something Bitcoin-related because Bitcoin is a part of the history of money.
The sign doesn't have bids yet, but the auction hasn't started. I wonder how much it'll cost the winner.

In London, at the British Museum, there is an exhibition about money and they mention Bitcoin: https://bitcointalk.org/index.php?topic=5408766.0

Also, in Venezuela there is a Bitcoin Mining Museum: https://bitcointalk.org/index.php?topic=5405204

There is another Bitcoin Mining museum as well, here are more details: https://bitcointalk.org/index.php?topic=5410748.0
256  Bitcoin / Bitcoin Discussion / Re: Original "Buy Bitcoin" sign for sale at an auction in a couple of days on: April 16, 2024, 01:40:12 PM
One thing that I just noticed is that as you can see on this photo, the page seems to have been removed from the pad:



But in the bid it looks like the original, attached to the pad:



It can be that the page was simply put on top of the pad to make it look more like the original.
257  Bitcoin / Bitcoin Discussion / Original "Buy Bitcoin" sign for sale at an auction in a couple of days on: April 16, 2024, 09:17:14 AM



Quote from: Christian Langalis, “Bitcoin Sign Guy”
When Bitcoiners ask me about the sign, I tell them, “You’d have done the same in my seat.” Yes, only I attended the hearing, drew the sign, and flashed it for the camera. However, it was the network spirit which seized the image and fabricated the memes. The full poetry of the stunt was far beyond my devising, therefore, my attitude can only be one of post-authorship. Bitcoin was massively rupturing into the halls of institutional finance in 2017. Any Bitcoiner worth their sats would have told you so. It’s good to finally liberate this number from my sock drawer and offer it back to the Bitcoin public. The message was subversive then, but now merely obvious: Bitcoin is flowing. Control is dead.




Auction Start: Thursday, April 18, 12 pm ET (16:00 UTC)

Auction End: Wednesday, April 24, 7 pm ET (23:00 UTC)

Auction link: https://scarce.city/auctions/buy-bitcoin
258  Economy / Gambling discussion / Re: Is AI going to affect gambling in any way ? on: April 16, 2024, 08:56:32 AM
I have gone through the topic and havent found any link that will lead to a proof that someone tried and tested AI for gambling. If AI would really help with making predictions, there would be examples of its usage, gambling community would have a hot discussions about it. Right now people seems to be either cautions to use it, or afraid to risk money and test. All I see that main argument is AI "might" make some affect, but nobody is sure about it. I would remind everyone once again - there is no magic "win" button, nor magic strategy to win always.

The thing is that AI is a tool, that's it.

You can use it to do more things, faster, and more efficiently.

You can explore different odds, games, bets, etc, and even check out other ways to make money.

If you have an open mind, you can use AI to generate money.

It's not the AI generating money, it's a human using AI.
259  Economy / Gambling discussion / Re: Which one is fun, watching with bet or without a bet? on: April 16, 2024, 08:54:52 AM
For many people, it was a discovery that emotions are important when watching a match, not just pleasure. Emotions can be anything: negative or positive, the main thing is that they are there. If the game leaves you indifferent, that's bad. When a game gives you negative emotions, it's unpleasant, but that's life. Life cannot consist only of positive experiences. Negative emotions give us a variety of experiences and always teach us something. Smart people and wise players are those who have experienced not only positive emotions, but also many negative ones. These negative emotions taught them a lot.

Yeah, I have heard a technique used by some people that is basically bet against their own favorite team...

If their team wins, they are happy, and can ignore the money lost.

If their teams loses, they are sad, but get a consolation prize with their bet.

I think it has something in it, as it's basically a win/win situation if you value that emotion similar to money.
260  Economy / Gambling discussion / Re: Do you believe in gambling experts predictions? on: April 16, 2024, 08:52:37 AM
~snip~
For me it's only helpful to have a background on such teams or players that is new to me. I do my initial research with them. But for most, I don't do my whole bet decision base only to the fact or prediction that they've presented to the public. I don't want to put all my hope to any analyst in the league. It's my money I'm betting so I always make sure that it is my decision. So I just use it correlate with my own predictions. And that's a very good point, only bet on games that you know and you enjoy. Or else, study the game. Grin

Yeah, AI is getting better and better at giving great advice regarding many things but at a basic to medium level.

When you want it to go deeper it sometimes struggles or makes up things.

For initial exploration though it is brilliant.
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