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2461  Economy / Gambling discussion / Re: We lose on the long run through return percentage on: January 29, 2023, 07:20:39 PM

I just googled the return percentage of online casinos and saw different percentages that doesn't seem real. A slot machine can be written to pay out 98%, but its programmed to pay 90% and it's publicized that way to attract more people to play using that slot. Though one slot could be paying out that amount in the casino, yet my point is that no casino offers 100 percent payout that means if a slot pays out 94 percent for every 100 dollar bill spent on that machine the player losses 6$ to the casino. That is if you play longer times you'll lose, and we can almost never stay atop of the slot machines after long period of plays, unless you win a jackpot. Even if you win a huge amount, you can lose. They are numerous stories of people who won the jackpot and ended up spending the whole money back on the casino within a short period, 1 or 2 years, they lost the jackpot.


Isn't it?
Well math will be obviously slightly against you in long term betting in a long term, otherwise casinos wouldn't be profitable for their owners.
My way to gamble (if i play with slots) is to play few big bets and quit. I always decide the number beforehand. In other words, i am trusting my luck. And i know my luck is going to run out if i try some tactic where i try to outsmart the casino and play the long game.

So i either win or lose, i don't need to bother myself thinking if i would have lost or won the next bet when i have set my limit beforehand. I won't be chacing the jackpot. It will come to me if i am lucky enough.
2462  Alternate cryptocurrencies / Altcoin Discussion / Re: Big Banks and MainStream on: January 29, 2023, 06:59:50 PM
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 I also think that the current cryptocurrency may be less in demand after banks create and start using CBDC.

I don't think you understand how different other cryptocurrencies are from CBDC. Sure, people can use that to send money, but it's not like it would be store of value. CBDC is just fiat money in a new form. It will be better and cheaper form but people won't be buying it like gold and speculating the value would rise. And depending on the platform it could end up being a farce. Although i am certain they will take their time and not push out product that isn't tested and ready.

And it wouldn't be money of the people. Also transactions are going to be reversable for that contract. That's goes without saying.
2463  Alternate cryptocurrencies / Altcoin Discussion / Re: The Future of NFT on: January 29, 2023, 06:54:32 PM
The number of scam cases in the NFT project makes the NFT reputation decreases, especially since the 2022 DROP market is significant so that it makes it difficult for NFT to compete with other projects such as Metaverse, Web3, Defi and so on, this makes us have to always be aware of the market changes so that we must always monitor every day.
When everyone can just create their own money making machine it would be naive not to think that every scammer out there wouldn't take advantage on that.

But obviously this is not about NFT. They are just new vechile for the most popular scam in crypto. I find it weird why people are focusing on NFTs and not Bep-20 on this when when we have actual numbers about other crypto scams. Solidus Labs said that 350 new 'scam tokens' were created every day this year.

https://cointelegraph.com/news/350-scam-tokens-were-created-every-day-this-year-solidus-labs
2464  Economy / Economics / Re: Billionaires keep losing billions of dollars why poverty rate is increasing on: January 29, 2023, 06:42:44 PM
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When we have billionaires losing huge amount of money every year, why not they use those money to help the poor rather than losing them
How can you give money you just lost to anyone? And it's not like you knew you are going to lose it beforehand. And if he doesn't sell the bottom he most likely make insanely much more in the bullrun again.

Better question would be just "why doesn't elon just give money to charity". And he has said he does it anonymously. I am not saying i believe him but it wouldn't be that weird if he spoke the truth, and i don't even like the guy.

And he has given it publicly as well, guite big sums actually: https://fortune.com/2022/02/15/elon-musk-5-7-billion-donation-weeks-after-asking-un-world-hunger/
Skeptics would say he is doing this to get tax cuts, which he obviously gets, but i think that was the single most coolest thing i've seen Elon done ever. And still elon makes me cringe when he tries to convince people he knows what he is talking about.
2465  Alternate cryptocurrencies / Altcoin Discussion / Re: why people are always interested in altcoins on: January 28, 2023, 11:58:51 PM
as we know, many people suggest investing in bitcoin because the risk is not too high.
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I don't even have to go further than this. This is the reason why people buy altcoins. You can only get high rewards by accepting high risk. Higher the risk, higher the possible rewards. There's obviously also higher risk to get rekt with them but that goes without saying.

People investing in small caps and mid caps also see that there must be a top when it comes to future marketcap of bitcoin.
It just can't keep up growing and growing. That wouldn't make any sense. They see more room with altcoins to grow. That's why many of them like to use terms like ETH killer, to point out how much they can still rise. And it's way more possible to find another 1000x altcoin then except that bitcoin would rise another 1000x any time soon.
2466  Alternate cryptocurrencies / Altcoin Discussion / Re: CBDC and Regulation discussion on: January 28, 2023, 11:53:59 PM
How can the government make sure that something like FTX (cooperate finance enriching themselves) never happened again? Crypto is presently not regulated and I don't see how regulation will fix this issue,
More oversight. More forced transparency from exchanges. This is just a matter of time and will happen in a whole different scale. Only thing prevented it happening until now was lack of interested to fund manpower for it.

my concern is the CBDC, I think it will work better as the real Stable coin, unlike Luna UST that team claimed was back by dollar but was not backed by anything... Wouldn't CBDC fixed this issue of fake USD backed stable coins?

You as a crypto adopter would you like to use CBDC if the pairs are available on all crypto exchanges as a way to store yourself some digital US Dollar?
This is whole another issue. Would i like to use isn't really the issue. When CBDC takes over fully, there's no other option to transfer fiat money. Or if there is, it will be so much more unreliable, slow and expensive compared to it. Like writing checks compered to current system. When CBDC comes. It isn't really up to you if you want to adopt it. You will. Just like you did wireless transactions and visa.
2467  Economy / Gambling / Re: 🎲BetFury.io|🎁Welcome Pack on BetFury| 💸300 Free Spins + 150% Deposit Bonus on: January 28, 2023, 11:47:24 PM
to my knowledge BetFury has a signature campaign thread in 3 periods. the first one only pays BFG token participants after that the second period pays participants 50/50 (BTC/BFG) and lastly campaign participants are given the opportunity to choose to be paid using BTC or BFG.

basically neither Betfury wants to pay using their native token BFG or BTC or any other crypto most importantly Betfury has a good aim to conduct marketing through campaigns in this forum to reach more new users
Then i stand corrected. I only saw the first one and i had mined enough tokens so i didn't pay attention at their promotions after that. Giving payment in BTC would be a whole different thing and i definitely would support that way. Not that they would need my support to proceed Smiley. And i don't think i would join the signature before i would know about their future plans but not giving any more BFG tokens to dilute staking would be a good gesture.

2468  Other / Politics & Society / Re: About soceity on: January 28, 2023, 11:37:56 PM
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When you use scientific methods to check out ancient Israel and the Bible, you will find that the Bible is records, not fantasy. Written records by those who were there are stronger than scientific interpretations of present make-believe-evidence type of evidence.

The records that Moses wrote about 3500 years ago are believed by millions, maybe well over a billion. There is power in that. Many people have heard of Aristotle and Plato. But their writings can't compare in strength to those of Moses... who wrote under God's direction, and did miracles under God's direction.
That's not how scientific method works, that's how faith works. In religion you need to deny the new evidence to preserve faith. Unlike science, religion never adjust views based on evidence. That's the difference. In scientific method we would gladly change our views on any "gods" if there would be any evidence pointing at them.

And funny how you pick one magic book from history to follow. Why not greek religion? Why not Hindu? Why not Gilgamesh, Quran or Kalevala? Why not apocryphal texts from the bible? Why not ramblings of Charles Manson? Just random pages chosen by few ancient religious leaders. Funny how you don't see those as "evil elite". Even with their violent history and what they done with children. If you defend those actions don't claim to be any better then the monsters doing those acts.
2469  Other / Politics & Society / Re: About soceity on: January 28, 2023, 10:12:55 PM
You need to recognize what has happened in the whole world throughout all the time after the Creation.

Since mankind sinned about 7,500 years ago....
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You need to recognize that all scientific evidence points out that this never happened.
And you can't try to use reasoning based on some illogical magical book or a religion that's based on denial of obsevation and inability to change its views in front of evidence.
There can be no reasonable dialogue until you want to talk like an adult and choose reality.
2470  Other / Politics & Society / Re: Russian Invasion of Ukraine[In Progress] on: January 28, 2023, 10:02:19 PM
Sneaky Russians...
Burning of Qur’an in Stockholm funded by journalist with Kremlin ties
Permit for demonstration at which anti-Islam provocateur burned Muslim holy book was paid for by far-right journalist linked to Moscow-backed media
https://www.theguardian.com/world/2023/jan/27/burning-of-quran-in-stockholm-funded-by-journalist-with-kremlin-ties-sweden-nato-russia
Dictators like Erdoğan are not too fan of freedom of speech but I find it kind of worrisome that one guy who is using his constitutional rights to protest (no matter what you think of his actions or politics, protesting is his right) and that's the reason Erdoğan is using to ban Sweden from NATO.

It's now just a matter of time that one Nato-hater or Erdoğan-hater goes and burns a quran in Finland and we are in the same exact position as Sweden. I am amazed they haven't already done that. Or maybe they haven't been covered by press. Political cartoonists in here are already using their right to mock Erdoğan (Not muslims though, they just hate Erdoğan).

But i guess we don't need NATO as much as Sweden. USSR failed invading Finland before and now we are way more prepared to defend our nation.
2471  Economy / Gambling discussion / Re: Power Slap League on: January 28, 2023, 09:17:39 PM
Who didn’t hear or watch at least one video about Dana white’s latest show which called The Power Slap League that started this new year of 2023, the rules of this sport are easy and simple where both competitors taking turns trying to knock each other out in order to win
There is a lot of talking about it lately about the low payout of Ufc boss to the participants of this tournament which goes to only 3200£ a Fight while he might be generating millions of dollars of it, But my topic here i want it to be about betting on this new sport and tournament which i still didn’t see any bookmaker announcing anything about this matter, And in my opinion it’s a lot of fan and as any fighting sport there is always bookmakers that will eventually include Power Slap League and allow people to bet on their favorite fighters.
This is something i wouldn't recommend anyone trying for even a laugh. I have a history in training self defence and i have been in rough situations. Even in "friendly" combat i've gotten head injury, broken ribs, bruises, broken joints and so far in those everything has healed.

Then i tried power slap for a laugh with my friend. I don't know why, maybe to probe manliness or impress girls. We managed just to look stupid. I panicked on third slap, turned my face away and my friend managed to hit on my ear. It broke my eardrum and got me loud tinnitus and hearing loss for life. It's one of the few things i really really regret trying. There's no such thing as silence for me anymore. If i had a time machine and one advice to give to younger me. Not ever trying power slap would be high on the list.
2472  Economy / Gambling / Re: 🎲BetFury.io|🎁Welcome Pack on BetFury| 💸300 Free Spins + 150% Deposit Bonus on: January 28, 2023, 04:30:54 PM
it would be a shame if Betfury didn't continue the signature campaign to stay here so it won't be forgotten and the traffic from new users to their website is increasing through the signature.
Betfury here is very good and is well known by many people here. It will be very sad if one day it is forgotten by the old players here. because currently there are many new casino platforms that provide signature campaigns that are still running today and I fear that in the future more new users will choose to enter and register at the new casino because they see the signature campaign advertisement.

well, although there are also many old casinos that are still active without running a signature campaign, but it would be better if the campaign is still running to attract more new users.
From what i remember their signature campaign was paid in BFG tokens and they were actually worth something at the time. Inflation of the price would mean they would need to raise the amount paid significantly in order to get good bounty hunters to work with them, and most likely that wouldn't do any good for already dropping token price. At the start it was understandable to give them as token wasn't even traded and it made people feel to be a part of something.

Other way would be paying with btc or eth. But as they didn't do it in the first place (if i remember correctly) i don't believe they would start doing it this time.
2473  Economy / Trading Discussion / Re: Best strategy for Dollar Cost Averaging on: January 27, 2023, 11:52:32 PM
What is your best strategy for Dollar Cost Averaging, do you do it weekly, monthly?
What do you advice and why?
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I do it weekly, or when even i have extra money to invest i put some of it in crypto. But lenght of the intervals aren't really important. Important thing is that you are doing it constantly because you see that something is worth investing. That no matter the price now it's probably safe bet in the end.

I have bought crypto since start of 2014 and still keep buying it. Not saying what cryptos exactly as everyone should make their own choices.
But i have also sold it no matter the price really. As i am using it for living. I like to have my wealth i am using tied to crypto instead of fiat money. I am not sure if that's smart and in some cases it has not been, but i am a believer of it and price is comes secondary.
2474  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum Vs Cardano on: January 27, 2023, 11:41:56 PM
Cardano is a good technology as well but I think ETH will remain the first option of many and will stay as the top altcoins. This two has been competing since the launch of Cardano but ADA can’t handle the competition that much since it needs to surpass other altcoins first before reaching the level of ETH. Good updates can be a big help, I guess ADA should not aim to replace ETH anymore better to focus on its own technology and allows it to stays in the competition.
People are saying Cardano has a good technology, some even say that they are more scalable then eth but where they are basing that statement? Are everyone suddenly tech savvy in that level they can review the code? I am mostly listening to the both sides in this argument and while i am not understanding everything, i feel it's pretty obvious that Charles is overshilling and over simplyfying the problems and his statements on the subject aren't meant for other coders but for shilling ADA to investors. Which is a red flag and pretty much definiton of a populist.
2475  Economy / Gambling discussion / Re: Best sportsbooks? (MMA and boxing) on: January 27, 2023, 11:32:35 PM
I am on the look out for the best sportsbooks that have high betting limits and can bet in crypto.  I mostly bet MMA, boxing and soccer.  Most sites have pretty slim pickings as far as MMA odds go, there are a few with a ton but most dont allow crypto betting. You have to convert to fiat, which I hate doing.  Anyone have any recommendations?

The best I have found is Chipstars, but again it converts to fiat to bet with.
I've been betting only boxing and MMA because those are only sports i am really interested about. And i've been doing it exclusively in Stake, and so far i have nothing but positive things to say about that site. With live streaming option in some fights gives you another level to the experience. Crypto betting is fine there and it's the only way i am interested to do any betting. Community is also big and hey have their own forum. You should  definitely check them out at least.
2476  Economy / Speculation / Re: Are we now on Crypto bull run? on: January 27, 2023, 11:24:17 PM
This is not a bull run, but a good pump.
Bull run is about a strong buyers coming into this market and make a lot of green candles.
But that's what's happening now. Maybe you want to be more specific.

We are recovering, and the price can be more stable in the coming months. If Bitcoin hold the price of $23k, eventually it will create a bull trend and it might happen this year because many are anticipating the hype of the halving.
Maybe people aren't using same definitions

Investopedia defines bullmarket as:
Quote
A bull market is the condition of a financial market in which prices are rising or are expected to rise.
Not i don't know what kind of confirmations people are waiting for but from my understanding they are often very late to agree we are in the bull market. Just accepting we are in the bottom is enough for me. And even after ath some people are waiting for confirmations. That it's a manipulated trap and should be a double top or somehing. Every indicator i have used for bull market has given me green light so i am not sure why people are looking for som magical confirmation. We are the confirmation.
2477  Economy / Gambling / Re: 🎲BetFury.io|🎁Welcome Pack on BetFury| 💸300 Free Spins + 150% Deposit Bonus on: January 27, 2023, 11:10:33 PM
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Read all the information here: https://betfury.io/news/top-gambling-mistakes
Wow. I've done all of those. But definitely most harmful was "Playing under the influence". Because last thing you need when you are handling your money is too high self-esteem and lack of judgement. It's fun and that's why people do it but it's also the recipe for being totally rekt.

I mean it was funny to wake up next day having ton of money and you didn't know where you got it from. But when the opposite happend and you get blackout drunk and don't remember where all your money went. That's something no one should deal when having a hangover.
2478  Economy / Economics / Re: Do you think Bitcoin will lead the world's current market on: January 27, 2023, 06:41:01 PM
We know the US dollar is the world-accepted banknote and can be used as a medium of trade.  In the crypto world, Bitcoin is the most popular and the highest-received currency with incredible value. Different nations have authorized bitcoin for transactions and multiple of them are sentiments. Its approval is slowly expanding day by day. Do you think bitcoin will be the commander of the world’s currency market like the US dollar in destiny?
Bitcoin model doesn't serve interest of any country so no. Inlfation for fiat money and removing gold peg is done by design. It can help in the times of crisis with short term fixes like .when you can print emergency financial aid. Binance isn't designed to be official currency of countries, it's people's money and storage of wealth.
2479  Other / Politics & Society / Re: We Are in bear Market fear dont worry about it on: January 26, 2023, 11:36:24 PM
Everything what going on and Crisis and war it's nothing special.
It's just bearmarket to make fud and scare the people.

Dont focus on bad things just think about what you can buy for cheap.

The world on the bear Market mode If my kids asking me why Putin doing all this then i teach them becouse we have bear Market so Crisis are usual in the bear Market times once markets been down enough and whales get their assets for cheap then all wars Will be stop and news Will bring us good news no fear until the next bear circle so. The whales and wall Street can get everthing cheaper again.
War isn't FUD, it's happening, it's real and it's affecting prices. It doesn't need fear on top of it to do so. Fear just happens naturally.
But i am pretty sure we have seen the bottom of this bear market. At least my portfolio and charts seem to think so. So far i've been just growing my bags whole year of 2023 (in usd value).

And i have been definitely buying some cheap cryptos even though i am far from a whale. My fiat money stashes are very limited because of the recent bear and expensive electricity, but i've been stacking sats and portfolio starting to look very much like green again.

Maybe putler falls down from a window next or something else positive happens and my bags can rocket back to ath. I am very hopeful about the future atm.
2480  Economy / Trading Discussion / Re: Your successes over the past 5 years on: January 26, 2023, 11:24:10 PM
Your successes over the past five years: How well have you managed to increase the balance on your account during this time? Or have you lost everything? Tell me your story.

It's not just cryptocurrency that unites us all. We all became different after we learned about her, and went deeper into her knowledge. And now, even if someone is not very lucky to increase their deposit, then you probably have accumulated experience, and you can share it.
So starting from 2018? I had managed to make more money then before in my whole life in start of 2018. Could be way more if i just holded my btc and eth but anyway...

I didn't see how hard would the crash in 2018 was going to be and hodled most of the coins to the ground. I was quite happy that i managed to buy lots of stuff i needed in the bullrun so i wasn't regretting anything even if everything would crash and burn. I could have saved a lot of money just by keeping it in usdt, but i started investing, which seemed weird totally waste of time in the bear run.

Somewhere in 2019 i bought nfts with rest of the money i got left. It wasn't much but that would end up making me a lot of money. It was a gamble, i know they would be bigger then ico frenzy ever was, but i didn't know what of they would be worth anything.

I had found out my friends were into altcoins too and we changed some ideas and i benefit a lot from their weird new instinct on what to invest.

I didn't worry that i hadn't any money left. I had risen from $200 before and i could do it again because i trusted in myself. And i wasn't wrong. Next bull run took me nearly back to the ath again. But i was spending a lot too. Partying and my expensive hotel lifestyle made sure that i wouldn't have much left at the end. And end of the bull got me by surprise AGAIN. I was waiting for some fundemental events to happen but they didn't matter when the market crashed. I once again lost money. And now i'll make it back again. At least this time i've been sober now and can actually save money.
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