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2441  Economy / Gambling / Re: The History Of Gambling. on: July 26, 2022, 02:25:30 PM
^^ Regardless where gambling originated, China or India or ancient Middle East, gambling has been ingrained with humanity since the dawn of man. Perhaps our ancestors really found out a clever way to dice, whether to used it for entertainment or other purposes. And this is how we involved, and this is also the same reason why it's hard to get rid of gambling because it's already on our DNA as per our ancestors.
Indian culture is very rich in gambling and so does Chinese, but likewise there are two group in India - one who gamble and the other who do not.
Those who gamble also are forbidden in their culture. So even if the people gamble but they have this guilt feeling at the back of their mind. That they might loose their hard earned money.

Indian culture is very rich in gambling? I have never really heard of Indian gambling being a huge thing. Chinese gambling, yes, without a doubt. But not Indian. Some parts of the middle east are very lax on gambling and enjoy it as part of their culture. Especially United Arab Emirates (mostly Dubai with its rich nightlife).

I think gambling probably will find its oldest (and still findable) roots within China. Thats just me guessing though. For some reason it feels like something which the chinese have had in their culture for a long time already.

It might have been Africa but I doubt most African countries have had a concept for it back many years ago. Most did not even have a concept of money.
2442  Bitcoin / Press / Re: [7-21-2022]Insider trading charges filed against CB employee on: July 26, 2022, 02:11:57 PM
They all insider-trade. I completely agree with what some people in this thread are saying. Coinbase just happened to get caught. Of course, they still deserve punishment for it. Once again showing how CEX will always be inferior to DEX which will always be inferior to P2P trading.

This kind of shady insider trading is something you can find a lot of especially in exchanges which offer derivative trading. Its all a bunch of horseshit. People do not really understand the scam which is high leverage liquidation. If you want to short your coin just swap it for USDT. Now you're shorting at 1x without any liquidation point. Better, right?

Hope Coinbase gets what it deserves.
2443  Bitcoin / Bitcoin Discussion / Re: Investing In Cryptocurrencies For Tuition Fees on: July 26, 2022, 01:57:22 AM
Investing in cryptocurrencies for tuition fees might seem like a good idea but it is not really the case for short term investments. But if you invest in say, Bitcoin today and your child goes to school 3 years later, you would probably be in the green. Or in Bitcoins case, in the orange.  Roll Eyes Tongue

Personally, I would not risk any money which I need in the near future, no matter how good the outcome might seem. Do not think about investing with money that you need for something else. Especially something important like sending your children to school.

I feel like some parents would hold their child off from going to school until their investment shows profits. But by that time the child could already have finished a year or two of school....  Shocked
2444  Economy / Gambling / Re: A New Era for Betting - (After Corona Circumstances) on: July 26, 2022, 01:32:40 AM
After the global epidemic that started in 2019, there were problems not only in football but also in all sports branches. However, sports branches that appealed to the audience live, such as football, were more affected.

Even if normalization begins towards the end of last season, we are getting ready to enter a season that we can call normal.

In this process, especially for football, I think that the big teams lose more power in general. Because supporter support is one of the most important criteria. This season, we will have a more normal season and I think we can watch better matches. Of course, we may also be entering a more enjoyable period for betting.

I believe that the global corona virus epidemic really pushed down the interest for many things like sports gambling but other online gambling was not really one of them. If anything I think the other online gambling casinos branches really profited off the new, bored and locked-down gamblers. But since sports players could not have the freedom to play, it really took the wind out of the fans sails. I think a large number of sport fans never returned after corona was over (basically over).

But thats just a logical conclusion, I might be completely wrong...
2445  Economy / Gambling / Re: BetInsider - Free Tips and Predictions on: July 26, 2022, 01:14:07 AM

as you created a thread in this forum, I suggest that you post frequently in this thread the tips of some games, that way people will be able to see how far your tips are good or not and they will be able to discuss about each game you will be posting tips, I believe it can be a good thing to discuss ideas and each person give tips on this thread too

We will NEVER ask for money in return (eg. subscriptions, fixed games)

i hope this is true





It usually never is. Or they call it something else like a membership fee or something.  I am clearly stating that I am very dubious of anyone advertising tips and predictions of any kind. Whether Bitcoin, stocks or gambling. In 99% of all cases it leads to the same profit scheme of taking people for fools while also taking their money.

How do you make these predicitions? Do you have a system? How does it work? Can you show us proof of past predictions you have made which turned a profit for the person buying in on the prediction? How do you plan to make money with this idea?

All important questions that need answering.

Welcome to the forum.
2446  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 26, 2022, 01:00:25 AM
Can we stop talking about shitcoins and which shitcoin is the best shitcoin? It makes the WO so boring.

While I agree with what you have said. But, Your username is another shitcoin. No? Is it referring to as Bitcoin, by any chance?

Well goldking-coins don't exist so what do you think?

I called myself the king of (Bit)coiners to feel more special than everyone else and I gave myself a gold membership to feel even more special. Goldkingcoiner. Tongue

IDK man its just a random thing I thought up. No meaning whatsoever.
2447  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 25, 2022, 04:20:40 PM
Can we stop talking about shitcoins and which shitcoin is the best shitcoin? It makes the WO so boring.
2448  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 25, 2022, 05:06:13 AM


This will be true once all Bitcoin are mined. Energy cannot be created or destroyed.


All those Ethereum fanboys gonna get rekt when they realize the fiat value of their precious token was in the mining and not in the utility. The utility will still be there when it goes to POS but the price won't.


I'm just glad it's ETH undergoing the POS update. Although I see the Bitcoin price going down due to sheer panic when it happens. #cheapcoin
2449  Bitcoin / Press / Re: [2022-07-14] Nic Carter vs. The Bitcoin Maximalists on: July 25, 2022, 02:55:05 AM
Although I say I am ok with some altcoins, I still see myself as a Bitcoin maxi. Why? Because I would not feel safe storing my money in form of any cryptocurrency but Bitcoin, long term.

You should not say that. The maximalists might remove you from their membership hehehe. There is no second best, only bitcoin. If you break the circle jerk, you are out.

Also, I give you an argument. What if bitcoin was overtaken by another coin in market capitalization because bitcoin has been falling in value. Would this cause you to reconsider bitcoin as a store of value?


Thats a very hypothetical question. I see it as this: If Bitcoin died while some other coin was rising, then there is no more reason to believe in cryptocurrency at all, as the fall of Bitcoin can only mean one thing: Blockchain technology has developed a fatal flaw. At that point I would be buying gold and turning my back to the blockchain world. Bitcoin would be just a failed, glorious experiment.

But lets save the boogey man stories for the kids. Roll Eyes Bitcoin has become the pinnacle of blockchain technology to the point where countries are adopting it as legal tender.

Bitcoin won't die and nothing greater can be created from blockchain technology. Kiss

1 BTC = 1 BTC
2450  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 24, 2022, 10:37:26 PM


This will be true once all Bitcoin are mined. Energy cannot be created or destroyed.
2451  Economy / Gambling discussion / Re: Gambling and Fengshui on: July 24, 2022, 09:00:19 PM
Quote
Feng shui is an ancient Chinese art of arranging buildings, objects, and space in an environment to achieve harmony and balance


Feng shui is an ancient Chinese art of rule-based superstition. Which is an interesting thing to think about from the marketing perspective. Is there a feng shui rulebook/superstition list or do people just randomly make this stuff up? Because that would make a lot more sense. Not that anything about feng shui makes sense in the price place.

I know they even hire special feng shui people in china for the feng shui of architecture, for example. Those guys earn a very pretty penny in doing their job but also being known as a feng shui master. So, like a celebrity architect basically.
I don't know if feng shui have such book of rules or things to do but some asian people who were near in china adopted this feng shui superstition. My country also have adopted this feng shui superstition since our country has many Chinese people. As far as I know feng shui improve the quality of life and more about positivity it also has some belief about placements of things to avoid bad luck and attract lucks. Chinese casino owners obviously will do this superstition since they are facilitating a casino and it involves money, This is why I think luck is very crucial to them. Imagine they are hiring some feng shui expert just to accommodate the superstition, This shows that they are taking it seriously.

I think luck has a separate culture within every culture. For example, I am not sure but Europeans have bad luck and good luck superstitions like not breaking mirrors or walking under ladders. Though from my own perspective its a nothing-burger but from other people's perspective they would even give up money to have good luck / not to have bad luck. This definitely is a huge marketing help/hindrance for marketers, especially gambling casino marketing people.

I wonder now are there global gambling superstitions? Something like signs every gambler would see as luck or unluck?

2452  Economy / Gambling / Re: The Biggest Wins with lowest risks in Casino History on: July 24, 2022, 07:49:43 PM
Everyone knows that gambling is a combination of luck and skill, but how much control can you have over luck? Gamblers are spending thousands of dollars or more, what did we get in return? But there are many people in this world who spend very little but get a lot.

Name           Spend        Winning Reward           Casino Name                               Year          
 

Archie Karas   $50         $40 million                  Las Vegas casinos                    1995          

anonymous      $3         $38.7 million          Excalibur hotel-casino,Las Vegas       2003

anonymous     $17         $22 million             Napoleon Sports & Casino               2021

Jon Heywood   30 cents      $18 million                  Mega Moolah jackpot            2015   

https://www.europeanbusinessreview.com/the-biggest-wins-in-casino-history/


So I think people who don't have enough money should gamble with small amounts of money which would be comparatively less risky.

Do you have any memorable events where your expenses were very low but you got relatively high returns in casino gambling or any kind of Sports betting?

I am a bit curious at how many people won similiar amounts but decided to keep quiet about it? If I made $40 mill out of $50 dollars, I definitely would not go around parading my name on every billboard in town. But thats just me...

That being said, making 40 million out of a few dollars is amazing in itself. How lucky do you have to be? Also what game did she win at? It probably was not slots :S

I am more than surprised that a casino in Las Vegas would be the right place to win so much money. Don't they basically throw everyone who wins too much out immediately on some trumped up charges?
2453  Bitcoin / Press / Re: [2022-07-14] Nic Carter vs. The Bitcoin Maximalists on: July 24, 2022, 04:49:57 PM
I think not all altcoins are shitcoins. Although 90% of altcoins are shitcoins.

What I believe is that they are meant to compliment the larger Bitcoin ecosystem. But we do have a lot of shitcoins that are dragging Bitcoin down. We need to start clipping the sick parts off and we will see Bitcoin gain value in a short amount of time.

Although I say I am ok with some altcoins, I still see myself as a Bitcoin maxi. Why? Because I would not feel safe storing my money in form of any cryptocurrency but Bitcoin, long term. Maybe 5% into altcoins for the lulz and community and shorting Bitcoin with usdt whenever we are in a bear market. And even then I don't feel safe enough to short all of my coin. Maybe 25% but thats it really. I feel my money is safest in the form of Bitcoin.

The toxic maximalism going around is basically altcoiner hatred (I assume from bad shitcoin experiences in the past) and newbie snobs pretending they invested in Bitcoin 10 years ago.
2454  Economy / Services / Re: [CFNP]FortuneJack.com| Signature Campaign | Sr. Members+ ~ Earn up to $100/Week! on: July 23, 2022, 04:46:29 AM
Round 21+22 Payments have been sent out!


Thank you all for yet another fantastic week, keep it up! Smiley

Apologies for the delay, FJ sent me the funds earlier today but as it's my Birthday I've been on a small trip so figured I'd send both last week + this week now. Reason for the delay was the update with the site and some issues found on the backend with crediting users accounts but it should be all fixed now and without delays moving forward.

No new positions have opened up.

Happy Birthday, Hhampuz!

I wish you a long, healthy and happy life! Grin

Thanks for all your hard work!
2455  Economy / Trading Discussion / Re: The right time to invest on: July 22, 2022, 08:26:47 PM
I would honestly suggest to you one thing that I have learned from my years in Bitcoin. Do not worry about the "right" buying times. Rather you should do DCA (Dollar Cost Averaging). Invest bit by bit at prices you think are a nice buy. I for example would by every dip little by little. At some point you will make a nice profit when Bitcoin reaches a new ATH anyway.

Waiting for the right moment to buy has cost me a lot of opportunities. I do not recommend it.

Believe in your Bitcoin investment!
2456  Bitcoin / Bitcoin Discussion / Re: Today is the story of my investment in Bitcoin on: July 22, 2022, 07:49:35 PM
I decided yesterday morning that I would buy 1 bitcoin from this dip market. But I did not have enough money.  With which I can buy 1 bitcoin. I had an Fixt Deposit of $ 6,000 in the central bank. And the bank would paying interest at the rate of 5.5% APR. I broke it down yesterday and decided to buy Bitcoin with that money. But with this money I will not be able to buy 1 bitcoin.  On the other hand, my dream and desire is to buy 1 bitcoin. I then decided to take a loan and applied to the bank for a loan. But I told the bank that I would use this money for business. The bank agreed to give me a loan of $10,000 at 10% APR interest. I take advantage of that opportunity and take out a loan. And the remaining $ 4,000 I borrowed from my uncle and promised to pay him 8% APR interest, which is more then bank interest. Finally i bought just now 1 BTC price at $20,000. It gives me a different feeling That feeling I have never had before. I think if I hold this bitcoin for 2 years I can get 100% -500% profit. Then I will be able to easily repay my debtors with an average interest of 18-19% in 2 years as an average of 9.something% APR and I will be able to keep a huge profit.

*facepalm*

For the love of god people, do not take out loans for any investments, regardless of whether its crypto or not. Do not invest money that you do not have is investing 101 and is the very first rule you learn when you start your "career" of investing.

Why is it so hard for people to understand this rule?

In a few months we are going to see you either happy or extremely unhappy. Bitcoin can go down up or sideways. that a 66% chance of you screwing yourself over with that loan.
2457  Economy / Gambling discussion / Re: Gambling on Psychology & Sociology Perspectives. on: July 22, 2022, 07:36:22 PM

With all the data which we have gathered on Bitcointalk, I would not be surprised if a psychology scientist decided to to look deeper into the posts for their research on gambling, especially crypto gambling. Tongue

Although I admit, I am quite interested in the topic as well. Although I am looking at the neuroscientific aspect for now, I would probably look in the psychological aspect as well. Flashing lights, color psychology, number psychology it all can be tweaked to a point where you can basically hypnotize someone.

Scary thought  Undecided
2458  Economy / Gambling discussion / Re: Gambling and Fengshui on: July 22, 2022, 07:12:32 PM
Quote
Feng shui is an ancient Chinese art of arranging buildings, objects, and space in an environment to achieve harmony and balance


Feng shui is an ancient Chinese art of rule-based superstition. Which is an interesting thing to think about from the marketing perspective. Is there a feng shui rulebook/superstition list or do people just randomly make this stuff up? Because that would make a lot more sense. Not that anything about feng shui makes sense in the price place.

I know they even hire special feng shui people in china for the feng shui of architecture, for example. Those guys earn a very pretty penny in doing their job but also being known as a feng shui master. So, like a celebrity architect basically.
2459  Economy / Gambling discussion / Re: Can change of environment have an effect on gambling addiction. on: July 21, 2022, 08:25:06 PM
You will agree with me that society and the environment can have a great influence on the lifestyle of every individual, you often can find yourself doing, or being involved in that activity that almost everyone is involved with in that your locale as a result of influence. Now considering someone who is a gambling addict, is there any possibility of him/her becoming better if they are relocated to another environment or society where people around are not involved in gambling?

Can someone still develop the habit of gambling and become an addict even though no one around gambles?




I believe that a change of environment can definitely have an effect on gambling addiction. How exactly? I have no idea.

Lets talk about a different kind of environment for comparison:
With pressure fluctuations during hot to cold weather-changes, your brain goes on a kind of neuronal electrical overload because the sudden drop in air pressure causes chemical changes in your brain and that causes neurons to fire off electrical impulses at a higher frequency. All that overload in electrical impulses causes irritation of the brain. you get a headache. Now you are irritable and prone to bad decisions during gambling.

However as I am no neuroscientist, thats as much as I can tell you what happens to your brain during physical environmental change. However I am certain that even if social pressure is not actual physical pressure, it does probably have some of the same physical effects on your brain.
2460  Local / Anfänger und Hilfe / Re: [PDF] Ertragsteuerrechtliche Behandlung: Virtuellen Währungen und sonstige Token on: July 21, 2022, 05:41:54 PM
goldkingcoiner ich habe es mir erlaubt deinen Post in die Bitcoin & die Steuer - FAQ zu übernehmen - Klick mich
So bleiben die Infos beisammen und hier würde ich dann gerne abschließen damit es übersichtlich bleibt.
Hoffe das geht in Ordnung? Wink

Ja das geht in Ordnung. Hauptsache die Leute finden es und es hilft denen weiter, die das brauchen. Smiley

Ich wollte es ehrlich gesagt dort selber posten, aber ich dachte mir: da es eine Neuerscheinung ist, sollte ich es vielleicht lieber als neues Topic posten. Damit es jeder einmal gesehen hat. Aber du hast recht, es gehört eigentlich in Bitcoin & die Steuer - FAQ gepostet. Danke dir für das saubere und übersichtliche Forum! Thread kannst du jederzeit abschließen wenn du magst. Oder ich schließe es dann in ein paar Tagen sowieso ab! Grin
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