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2401  Economy / Gambling discussion / Re: Gambling in METAVERSE on: March 13, 2022, 01:54:03 PM
Gambling in the metaverse offers a lot of new possibilities and sounds very cool at first. Together with a VR setup this could be a whole new experience when it comes to gambling. Entering a virtual casino, interacting with your friends while playing your favourite games sounds pretty cool. Especially for games like poker where you play against others it would mean a big change. The question is would you be willing to get filmed while sitting on the couch and gambling. And all your friends could see how well or bad you are doing. For people who are big fans of social media that could be pretty cool. I am not so big into social media and it would feel a bit wierd if some friends I rarely talk to would contact me again after I won big one night.
2402  Local / Deutsch (German) / Re: "Markets in Crypto Assets"-Verordnung (kurz: "MiCA-VO") on: March 13, 2022, 01:39:36 PM
Ohje dass klingt gar nicht so gut. War mir nicht bewusst dass die Front gegen Bitcoins immer noch so stark ist. Warum die Linken, Grünen und Sozialdemokraten zusammen so Druck gegen Cryptos machen verstehe ich nicht wirklich. Regulieren ist doch immer besser als einfach nur verbieten. Ein Verbot ist nie zu 100% und im Endeffekt bleibt die EU dann nur noch weiter zurück in Technologien. Bin froh dass wenigsten die Konservativen und Liberalen gegen ein Verbot sind. Kenne mich im EU Parlament nicht so gut aus, aber Konservative ist die stärkste Partei und Sozialdemokraten, Linke und Grüne haben keine Mehrheit moment. Also wenn jeder Abgeordneter seiner Partei folgt sollte der Verbots-Entwurf nicht durch kommen. Hoffen wir mal das Beste. Danke fürs sammeln und zusammenfassen der News.
2403  Economy / Economics / Re: Russia can evade sanction through cryptocurrencies on: March 12, 2022, 03:41:16 PM
What is your take? What role can cryptocurrencies play in helping Russia sanctions evasion and to what extent can this be?

I hope it's not the case, because if Western countries see that crypto currencies circumvent all the sanctions than we could face direct bans on cryptos even if we had nothing to do with the Russian sanctions. It would shed a bad light on cryptos again.
Also I think that cryptos are no real alternative for the swift system to save Russian banks. Most of the bank subsidiaries in Europe deal in Euros, so they still would need to aquire large amounts of foreign currencies, just against cryptos and not the ruble. And then there are the large amounts of western companies who are leaving the Russian market. Which is having a big impact, a lot of employees are losing there jobs. I am not sure if cryptos could help here, because if it comes public that one of the major companies circumventes the sanctions it could become a PR debacle and ruin the public image.
2404  Economy / Speculation / Re: How come BTC is not at least $75,000 yet? on: March 12, 2022, 12:29:33 PM
There are a few reasons why bitcoins are not at 75,000 USD right now. The biggest are Russia-Ukraine war, threat of nuclear war, ongoing covid pandemic, rising inflation and slowing world economy. All these factors together made it a very bad start into 2022. But even with the short term outlook not looking so great, bitcoins are still above 30,000 USD. As long as we can stay above this important barrier I wouldn't worry to much. All these reasons are not a direct problem of Bitcoins or other crypto currencies, but rather a general problem in the world. Stocks and other investments are hurting as well. Once we can return to normality a rise in the bitcoin price should happen. Without these crisises the price would be much higher today. In my opinion we will see a new ATH later this year.
2405  Economy / Gambling / Re: Join a collective boycott of all Russian gambling platforms on: March 12, 2022, 12:09:55 PM

Do you really believe in sanctions? Tell me how change the politics in North Korea or Iran? They are much smaller then Russia but i don`t see how their leaders cry and change politics. And when we are talking about North Korea - this country has no any resources and no possibilities to make problems to USA or EU but sanctions does not work even with such small country. Why do you think they will work with Russia?

Yes I believe that sanctions work. Sanctions are put in place to hurt the economy of a country. We could see the effect after USA announced the sanctions on Russia, the Rubel dropped 30% instantly. I am sure that if there were no sanctions on Iran or North Korea than their economy would be much stronger today. Just compare south and north Korea, one a free market capitalist country, the other one a closed of country. Sanctions prohibit companies to do business freely, there will also be a cost for the country that issues the sanctions.
The question is however, if the sanctions are helpful in changing the course of a country, or if they make things worse. In theory international sanctions reduce the economy, which in return should make its population unhappy to create pressure on the politicians to change their course. For some sanctions is this true, but if the sanctions become to severe it will create anger and resentment towards the foreign country. In Russia a few people decide the fate of the country, but with the sanctions all the people are hurting.
2406  Economy / Service Discussion / Re: Drake became partners of the Stake Casino on: March 11, 2022, 03:03:17 PM
Great news, always good to see when another celebrity joins the crypto world. Having such a prominent rapper as brand ambassador and for advertising is good news for the whole crypto community. The more high profile celebrities are willing to link their name to crypto casinos, the more mainstream has the gambling and crypto community become. The social media reach of Drake is huge, that should bring a lot of new business for stake. Personally, I find it better to have some celebrities to do advertising on twitter and Instagram, rather than showing some TV ads. The advertising business changed a lot in the last 20 years. With all these social media platforms it's a much closer interaction with the fans and consumers. I am looking forward to the twitch streams, should be some nice action there and hopefully some giveaways.
2407  Economy / Trading Discussion / Re: PROFIT must not be top priority in trading, instead of LEARNING first. on: March 10, 2022, 07:59:37 PM
I understand how bad if we lose money on our first trade but I think we have to understand as well that not all went too easily. There is something we need to change and instead of focusing on how to earn money, it supposes we have to focus on how to enhance our knowledge and skills first. For the moment that we have all of these things, it can be easy for us to make a profit in the market...it guarantees nothing but nobody was able to succeed in the absence of these things.

I agree with you, losing money in a trade as a beginner is not the end of the world. We shouldn't worry so much about making a big profit from every trade we do, it is all about learning and finding a profitable trading strategy. The thing with losing money is that we should try and find out what went wrong, did we make a mistake or was it a general market movement that we missed? Only with a loss there is a real incentive to investigate how we can avoid making the same mistakes again in the future. When making a profit in trading we don't normally question if we were wrong or right, making money is an indication that we were "right". It can of course be that we were just lucky.
2408  Economy / Economics / Re: Never expect you to be rich without investment on: March 10, 2022, 06:21:59 PM
Investing I mean not just crypto investing, but any investment he likes. This allows one to make good profits in the future. That is, the more assets that can be invested, the greater the bright hope for the future. I've heard stories about investing $1000 in crypto making someone a billionaire before (in our fiat currency), and it's a fact to say that don't expect to get rich without investing unless you are the heir to rich parents.

It is is not a sad story as long as your friend is healthy and has a happy life. Money is not everything in life. My grandmother is 91 and I want her to become 100 rather than inherit something. Probably many people would give back their inheritance if they could spend more time with their loved ones. Same goes for having all the money in the world, but not being healthy and can't spend the money. Of course we need some money to treat ourselves and our friends and family from time to time, but having the goal of becoming a billionaire is not good in my opinion. Making billions out of $1000 sounds a bit like a Hollywood movie to me. Decent profits is one thing, but becoming a billionaire is not really realistic. If we look at all the super rich people, they didn't start out poor, they either had help from friends and family or were in one of the top universities and had a good network.
2409  Other / Off-topic / Re: Could Trump be the right choice for the ownership of Chelsea. on: March 10, 2022, 01:38:28 PM

What your take on this, with the likes of Trump in the race for the ownership of Chelsea?

Chelsea FC is major team in Europe that won a lot of championship since Abramovich bought the club. There is international interest in the team, the new owner could be a foreigner again. Trump definitely has the capabilities of pulling such a deal of. He loves public attention and can get the financing done. Only minor problem could be that he doesn't seem as the typical football fan. Not being an expert in the sport is no issue, he will have to listen to the manager and coaches. Also the fans should have no problem I would imagine. Trump seems very similar to the British prime minister Boris Johnson.
Yesterday I read that Nick Candy is biding  2.5bn GBP for the team. This is going to be an interesting takeover battle. I just wonder if Abramovich is really going to donate all the money he makes of the deal. With such prices it will be a big payoff for him.
2410  Economy / Speculation / Re: Why is the price of BTC dropping? on: March 10, 2022, 01:13:22 PM
I wouldn't worry so much about the current bitcoin price. Right now BTC is at 39,000 USD, which seems quite healthy in my opinion given the current state of the world. You are comparing the price to the ATHs from last year, but the world has changed since. We are facing a major conflict with the Russia-Ukraine war, also inflation rates are rising compared to last year. Even before the Ukraine war the bitcoin price was lower than it is today. No reason to panic as long bitcoins manages to withstand all that downward pressure. In Europe for example the Russia sanctions are going to hurt the economies. Already now we see a double of the fuel prices in two weeks. This is going to increase inflation even more. It's just a matter for the world to go back to normality and for bitcoins to rise again.
2411  Economy / Gambling discussion / Re: The paradox of arbitrage betting (and how to make money on it) on: March 09, 2022, 02:02:15 PM
Conclusion: if you find an opportunity to make an arbitrage bet, then you can bet only on one of the outcomes and on average you will still be in the black plus avoid problems with ToS of bookmakers.

This would be one solution to avoid being flagged as an arbitrage gambler, but you are still taking risks here. If the outcome you bet on didn't come then you lost your money. Choosing the bookie that offers the best odds for your bet is a good idea and will make you a lot more money in the long run. The thing with arbitrage bets is that they are usually risk free with a much smaller payout. The risk free bet enables you to bet a lot of your money on it as there is no real risk of losing your money. How about you look for a partner to the trades? If your friend bets one leg of the arbitrage and you bet the other than there shouldn't be an issue with the TOS. I tried myself to look for such arbitrage bets in the past but couldn't really find any. Are you looking at not so popular sports and less frequent matches?
2412  Economy / Gambling discussion / Re: Blame Game in gambling on: March 09, 2022, 01:45:06 PM
Heartbroken parents say Hull teacher was victim of 'predatory' gambling industry. Whom to blame for this sad incident ?

Why not try to find the root cause here first. Where were the parents when their 16 years old son was addicted to gambling ? They should have monitored his activities and this situation would not have raised. You cannot blame the doctors on insufficient medical treatments when the son could have be taught at home to avoid excessive gambling. I would consider it a negligence on parents behalf as it was their first duty to keep an eye on their children.

We already have a thread about this artible here in the gambling discussion thread. Maybe try and merge the discussion in there?  You are right that the parents should have helped his son. With 24 years the parents don't have any supervision duties anymore, but they should have helped their kid nonetheless. Gambling is similar to other things in life that bring us joy, we shouldn't over do them. Everything should be done with limits, like drinking alcohol, smoking, or eating unhealthy food. The gambling industry is not the villain here.
2413  Economy / Economics / Re: Economic effects after Russia blocks Facebook, Twitter, etc.! on: March 09, 2022, 06:40:51 AM

This decision alone in blocking social media sites would make the economy go even worse in my opinion!

I don’t know what would be your opinion about this guys. It pains me to be honest, as I’ve already felt what they’re feeling right now in getting isolated from the world.


I fully agree with, blocking access to social media is wrong and hurts the average citizen. Unfortunately this is part of the whole new censorship strategy in Russia. Its not only social media, but also the big news companies and radio stations that are getting censored. Many journalist had to leave Russia because of the new law, that threatened to imprison journalist for up to 15 years.
If using social media for work, things are even more terrible. I don't think that the average person in Russia losing his job is going to make Putin change his mind. From Russia I only knew a few people and they told me that they are using Telegram more than the Meta Services, also tiktok seems more popular than Instagram. Maybe people can switch to other services instead. Blocking and censoring Internet access in China and Russia both is wrong, and I hope that people can use VPNs without getting into trouble.
2414  Economy / Gambling discussion / Re: Oscars to include Fan-Favorite Film via Twitter on: March 09, 2022, 06:35:42 AM
But is there a casino/sportsbook which is including this category? I am seeing the usual categories but this twitter-based category is not yet included. Don't know if a crypto bookie will include this betting line anyway. Because they might not get enough attention to include this in their line-up. Twitter is a popular platform among millennials, so they can definitely get audience but for the betting line of this category, I don't think they can.

I also haven't seen any bookies offering odds on the new twitter category yet. Maybe it's too early and they want to see how it plays out this year. I am sure that if this new category attracts enough attention its going to be a permanent new category for the Oscars. People are used to watching shorter shows these days, so watching a night of Academy Awards needs to find new ways to remain interesting, especially with covid pandemic reducing the number of good movies being released. I find this new category more interesting than the experts choosing their favourite. Bookies should pick up this new trend and include it in their odds, as long as the voting on twitter can't be manipulated.
2415  Local / Trading und Spekulation / Re: Daymak: Mit seinem Auto Krypto minen / 2023 on: March 08, 2022, 10:04:50 AM

Immer mal wieder, das stimmt. Das Video anschauen lohnt sich auch: https://youtu.be/ZEipnUOEdHo. Ab 9:20 Minuten wird die Abdeckung entfernt und die Lust steigt auf ein eigenes Fahrzeug. Für mich bleibt es weiterhin eine sehr interessante Version. Solar / Wireless Charging (klar im Winter kommt es zu Problemen denke ich), eine Reichweite von 400 km, was ganz okay ist. Und das inkl. einer Crypto Wallet + Miner. Der Ertrag in $ wird sich bis dahin bestimmt noch verändern, die Kurse zeigen es uns in den letzten Wochen. Das einzige was mich noch stutzig macht, wie läuft es mit der Straßenzulassung in Deutschland, diese Hürde steht noch an.


Klingt sehr interessant die Idee eines Autos dass Einkommen generiert durch mining wenn es parkt. Soviel Rechenleistung wie jetzt in modernen Autos steckt, macht es Sinn die zu nutzen wenn das Auto steht. Mein nächstes Auto soll auf jeden Fall ein Elektroauto werden. Wollte eigentlich immer einen Tesla haben, aber dass sieht nach einer guten Alternative aus.

Bei den aktuellen Preisen an der der Tankstelle macht alles andere auch keinen Sinn. Mit Spritpreisen von über 2€ wird die Wirtschaftlichkeit von E-Autos ganz schön vorangetrieben. Ich frage mich nur wieviel Mehrkosten entstehen um das Auto als Miner zu bauen, und wie es mit der Reperatur Anfälligkeit aussieht. Dass das Auto sich durchs minen irgendwann mal selbst finanziert ist eher unwahrscheinlich, aber wenn wenigstens alle Kosten wie Versicherung, Strom, Reperatur und Parkgebühren wieder reinkommen, dann wäre wenigstens die monatlichen Kosten für ein E-Auto 0.
2416  Economy / Gambling discussion / Re: Gambling Disorder ? on: March 07, 2022, 07:01:14 PM

Is your country doing enough to inform people about the disorder? It's does require medical treatment first and foremost therefore I do think I would suggest anyone banning their accounts and asking help from social platforms to go to a certified therapist. It's not a joke and should not be taken lightly.

Do you think the laws needs improvement?
Do you think as the parents mentioned that Gambling industry has a *predatory* stance, is true?


In my country for any form of gambling you need to be at least 18 years old, this is very strictly enforced. Any casinos allowing minors to gamble will lose their licence, I needed to show my ID always when entering a physical casino, even for just watching and not playing myself. As for the advertising it is also highly regulated, any form of ads need to mention that gambling can lead to addictions and offer a hotline where people can get help. These are already strict rules in place and should not be improved in my opinion. Looking at the alcohol or tobacco industry, I would say that that both of them are more harmful to humans than gambling. Also there are more people addicted to cigarettes or alcohol than to gambling. Addictions can happen with many things in life, there is usually other problems involved than just the addiction itself. That's why saying that gambling industry is at fault is wrong. It's easier for the family to put the guilt on the gambling sector, when in reality they should have also helped their son to take a break from gambling.
2417  Economy / Goods / Re: Selling my 10% Stake of Crypto Company based in Singapur on: March 07, 2022, 11:25:03 AM

Im asking for now: 2mio U$D, payable in crypto such as BTC, ETH and USDT. Of course theres always the option to pay via Wire-Transfer to USA or BRAZIL.
Im open to negotiation. Can give 10/15% comissions, if somebody is available to help me find a buyer. Dont worry we can sign a NDA.
All the operation is totally transparent.

If you need any other information please feel free to ask.


That's a of money, atleast for me. For such kind of asking price I would recommend to make a more financial sound overview and documents that a potential buyer can look at directly. 15 BTC payout in 4 years seems nice, especially when the bitcoin price is rising again. The problem here is how predictable are these payouts and in one intervals are they occurring? For a valuation to come up at 2m USD there needs to be analysis. For example, what are best and worst case scenarios, how likely are monthly or quarterly payouts to occur? Is it safe to assume 3.75 btc will be paid every year? Are other stake holder also selling? Etc.
2418  Bitcoin / Bitcoin Discussion / Re: How To Base Value of Goods and Services To Bitcoin? on: March 07, 2022, 10:35:32 AM
How do we go about to determine Good and Services value entirely on Bitcoin?

over FIAT

this could take a very long time to make happen.

What methods do you think this could happen?

This seems only possible if we change the mind of the consumers. The main problem here is that most people are still being paid in fiat money each month. So when ever they make purchases they will put the goods on relation to their monthly salary. For example, for a new ipad they would have to save 4 month. Even if the price was in bitcoins of the ipad, I expect most consumers to convert it into USD when their salary is being paid in USD. A good start would be to switch some part of the employee compensations into bitcoins. Maybe starting with the Christmas or vacation bonus. The more money is being paid into bitcoins, the more consumers would start budgeting their monthly money in bitcoins also. This will probably still take some years to achieve.
2419  Economy / Gambling discussion / Re: Interesting odds, bonuses and promotions on: March 07, 2022, 10:26:03 AM
I have another nice promotions for poker players, it's GGPoker. They don't have any other games than poker, but they are very big here. A lot of tourneys and sitngo tables every day. They do accept fiat money, but also crypto money. I made my deposits with bitcoins and tend to do withdrawals only in bitcoins also. Once you played with real money on the platform, you are eligible for a free tourney or sitngo ticket every day, the buyin value is usually between 0.25 to $1. It's not a lot, but its for free and if you use it to build up your bankroll it's a nice addition over a few months. I probably made like 120 USD from the promotion over the last year. And the higher the rake, the better the rewards.
2420  Local / Deutsch (German) / Re: Besuch von der Kripo: Geldwäschevorwurf Fidor+bitcoin.de | Update: und nochmal!! on: March 07, 2022, 10:17:27 AM

Grad vorhin den Briefkasten geleert und Post von der StA. Dachte mir schon, jetzt kommt die dritte Runde. Grin
Aber nein, es war tatsächlich ne Meldung, dass das Verfahren eingestellt wurde. Fühlt sich gut an, jetzt schauen wir mal, wie lange die aus Düsseldorf brauchen. Kann ja eigentlich nur schneller sein, das hat jetzt über zwei Jahre gedauert. Das muss man an Langsamkeit erstmal überbieten. 😂


Super dass es doch alles gut aus geht bei dir, auch wenn zwei Jahre eine wirklich lange Zeit ist. Hab selbst schon über Bitcoin.de gekauft und verkauft und durch deinen thread hier Angst bekommen auch Post von der Staatsanwaltschaft zu bekommen. Die Fidor Bank fand ich jetzt nie wirklich gut und hab Ende letzten Jahres mein Konto geschlosse. Waren einfach zu teuer im Vergleich zu anderen Banken. Deutsche Behörden und Ämter sind schon langsam, aber zwei Jahre warten zu müssen ist eindeutig zu langsam.
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