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2461  Economy / Economics / Re: Europe's drought the worst in 500 years on: August 25, 2022, 11:16:38 AM
I have not seen a huge increase in the building of Desalination plants across Europe, with the desalination capacity of Europe that has been recently estimated at 8.7 million m3/day, which is around 9% of the global installed capacity. Source : https://publications.jrc.ec.europa.eu/repository/bitstream/JRC125905/jrc_s3_desalination-final_8.21.pdf

People should realize that "Water Wars" are going to be a real thing in the immediate future and that we should not just rely on rain to be the primary source of water. Large cities should create under ground water storage facilities to supplement their water needs and water tanks should be subsidized by governments to make people self sufficient.   Wink
2462  Economy / Gambling discussion / Re: How do you play Slots? (long sessions / jumper / focussed) on: August 25, 2022, 06:51:30 AM
It is actually very interesting to see the different strategies that people follow to play Slots. A lot of my friends are also gamblers and some of them ignore "Variance" and "RTP" and "Client Seed" etc..... they say it comes down to "timing" and "luck".

A lot of them will look at what the "Streamers" and "highrollers" are playing and then they will jump in, if these people are not winning. (Hoping to grab some of the money that these people are pushing into these Slots)  - They believe that all bets goes into one "Pot" for each of these individual games.

Some of them believe that "timing" are crucial.... so they will play when people from large countries are awake and at home. They even play at the most insane times to "cash in" on this supposed "Golden hours".
2463  Bitcoin / Bitcoin Discussion / Re: History revisited: the first Bitcoin conference 2011 on: August 25, 2022, 06:10:54 AM
I wonder how many of them was agents from some of the 3Letter agencies?  Roll Eyes  Bitcoin ..back then, was still a kind of "Cloak and Dagger" kind of thing ..in many people's eyes.  Roll Eyes

I remember telling someone once, that it was illegal to own bitcoins, because nobody other than the governments of the world, were allowed to print or mint currencies.  Grin Grin Grin 

Kudos to those pioneers for sticking their heads out, when it was technically illegal to own bitcoins.  Wink
2464  Bitcoin / Bitcoin Discussion / Re: My First Encounter with Bitcoin in Central Park-October 2010 on: August 25, 2022, 05:50:30 AM
I think my first encounter with Bitcoin was at a house party, where a geeky guy wanted to sell bitcoins to me for $30 per coin. I remember asking him what it was and he told me it was "digital cash" and it was not controlled by any government.

I also remember telling him that I was not interested, because it was illegal to create your own currency, but I added that I will look into it. I totally forgot about it, until I saw the price reach something like $150 .....and I immediately regretted not buying it at $30 per coin.  Roll Eyes

In any way.... I eventually bought some coins at $300+ and I made huge profits on those coins, when I sold some at $18 000.  Tongue  (Now I regret selling it at $18 000)
2465  Economy / Gambling / Re: Punt.com 🦵💸 | Crypto's Finest Casino | 0% Commission PvP Dice Duels 🚀 🎰 �� 🔥 on: August 24, 2022, 12:33:16 PM
I have to say, at first glance it looks like a copy cat from the popular Stake.com  Roll Eyes  It has the same interface and color scheme and layout of the games. There are some subtle differences between the sites, but they are very similar.

I was very amazed to see someone ranking up to Platinum VIP level in such a short time, because I thought it was a very new site. (The Chat moderator send out a notification that said ==> QXFanatic has levelled up to Platinum I VIP level. Congratulations!)

The similarities between Stake.com and Punt.com is just too close... not to be operated and owned by the same people.  Huh
2466  Economy / Economics / Re: Global famine on: August 24, 2022, 12:02:39 PM
Russia and Ukraine together account for nearly 30% of the global wheat trade. So almost a 3rd of all wheat produced are coming from two countries.  Shocked  Source : https://worldpopulationreview.com/country-rankings/wheat-production-by-country

Now, we have a double whammy... with the Russian Federation being the largest sunflower producer in the world with 15,379,287 tonnes production per year and the Ukraine coming in second with 15,254,120 tonnes yearly production. (These two countries are currently at war)  Roll Eyes

People use Wheat as a staple food and they use cooking oil that are derived from Sunflowers to cook their food and to bake their bread.  Tongue
2467  Economy / Gambling discussion / Re: Influence of "Paid" Streamers on Online gambling..... on: August 24, 2022, 08:12:54 AM
Ok, I will be locking this topic now..... I tried to steer the discussion in the right direction ....but people still talk about Streamers attracting "underage" gamblers and how effective they are at pulling people into gambling.... and that has absolutely nothing to do with the topic that are under discussion.  Roll Eyes

Hint for the future : Read the OP's first post and reply constructively an on-topic. It is a shame that this is not happening, because this is a very good topic that needs more discussion.  Sad
2468  Economy / Gambling discussion / Re: How do you play Slots? (long sessions / jumper / focussed) on: August 24, 2022, 08:03:29 AM
I actually have the habit of playing continuously until I reach failure or the target prize that I want to win. I always prefer to be challenged than jumping to another slot without reaching my goal. Yes, I always focus but when I fail, I just move on and hope to feel a lot luckier the next time I play again. That has always been my routine though I have a higher rate of losing than winning.

You can increase your success, if you just do a little bit of research on the Slot you are playing. Simply Google the Slot and see what the variance and the RTP is.... if the variance is high to very high, you should make sure that you have a big bankroll.... because it is either going to pay huge or it is going to bust.

So if you play a Slot with a good house edge / RTP.... you can play a lot longer and get some small wins on a more frequents basis. I do not play long on those type of Slots.... I win something small.... and jump to the next Slot... and repeat this.. until I have acquired a decent bankroll ... to move to the high variance Slots.  Wink
2469  Bitcoin / Bitcoin Discussion / Re: Teaching Bitcoin To My Friends| You're invited too on: August 24, 2022, 07:54:55 AM
I also did the same thing.... and some of the first things you learn from this training is this :

1. How little people understand about Bitcoin.
2. How much myths and FUD needs to be debunked
3. People do not know that you do not have to buy a whole bitcoin.
4. People are hunger to learn about new technology. (also how to make money)
5. How resistant people are to change and how much pessimism are out there.

One thing that stand out above all of this is ==> People think Bitcoin is a "Get Rich Quick" scheme and they want to see instant profits. Good luck with your training...... hope this gets much bigger in the future and that you will become the next Andreas Antonopoulos.  Wink   
2470  Economy / Gambling discussion / Re: How do you play Slots? (long sessions / jumper / focussed) on: August 23, 2022, 07:14:51 AM
I was hoping that people might be more calculated and focussed, when they are playing slots.. but I guess most people just play for fun and the occasional big win to boost their play time.   Tongue

I like a strategy where I play low variance Slots to fund a "budget" to play other Slots with "high variance" ...to ultimately try and win the big Jackpot. The slots with a good RTP and low variance will increase your wins, but those wins are usually small. (So I jump between these slots to build up some money to play the slots that will need more money to win that big one)

The Slots with the most favorable RTP are most definitely the in-house original slots, so I jump between them. Then I will take a crack at for example Hacksaw games, where the variance are higher.  Wink

This is not a fool proof strategy, but I play longer and I also occasionally hit a lot of 1000x and more wins on those high variance slots.
2471  Economy / Economics / Re: Google leads corporate blockchain investment race on: August 23, 2022, 07:00:21 AM
I think the important differentiation that must be made here for the sake of clarity, is this ==> There is Bitcoin built on top of the Blockchain and then there are Blockchain technology.

So, Google and these other companies are not investing in Bitcoin, but rather in the underlying technology, which is called "The Blockchain"

This is direct competition for Bitcoin, because it is an investment in Alt coin development, which has nothing to do with Bitcoin. I hope people can see this difference, because it is very important to understand this.  Tongue
2472  Economy / Gambling discussion / Re: Influence of "Paid" Streamers on Online gambling..... on: August 23, 2022, 06:50:13 AM
I will close this thread soon... too many people who are posting off topic posts, just to get +1 for their signature campaigns. Take the time to read the content of my first post and try to post something constructive and on topic, because most people are just posting... for the money now.  Roll Eyes

Do you think "Paid" Streamers are sweeping through Slots and taking all the money that other people are gambling OR are they funding the wins of other players?

That is the discussion topic of the day......  Roll Eyes
2473  Bitcoin / Bitcoin Discussion / Re: 12 years ago mined 50 Bitcoin just moved on: August 23, 2022, 06:04:24 AM
Just imagine for one moment that this is Satoshi Nakamoto and that we will see those coins being donated to the trust that are defending the developers against FakeToshi (CW).... it will be the best evidence that CW is not Satoshi Nakamoto.  Grin

It is just great to see that people still access those early coins and that they are not lost or inaccessible. Yes, the hoarders of coins will be happy if those coins stay out of circulation, because it increase the value of their coins... but we need more coins in circulation to promote Bitcoin as a currency.  Wink
2474  Economy / Gambling discussion / How do you play Slots? (long sessions / jumper / focussed) on: August 22, 2022, 12:50:53 PM
I am very curious to know how people are playing Slots.

Option A : Do you play one slot for a long time, until you hit the feature or until you win something big?

Option B : Do you jump between different slots, play for a while and then jump to the next slot?

Option C : Do you set a target amount for each Slot and then stay with that?

I think people's success with slots might be linked to the way they are playing it, so for instance... people playing one slot until it pay out, might be more succesful, than the person that are jumping from one slot to the next.  Huh

What strategy do you think, will lead to the maximum profits? (Variance and RTP of each slot also determine the way that you are supposed to play on the different slots)

Let's discuss.....  Wink
2475  Economy / Gambling discussion / Re: Influence of "Paid" Streamers on Online gambling..... on: August 22, 2022, 06:50:01 AM
Quote
People are also saying that "Paid" streamers are basically "sweeping" all money that are being played by others on those specific slots. (You often hear people saying... "I cannot play XXX Slot now, because streamer YYY won big on that Slot) - If I am correct... all funds that are played in a casino goes into one "Pot" .....and wins are paid out of that... or in the case of a Jackpot system.. into a "Pot" at the 3rd party service provider. (Is this true or false...any experts out there that can clear this up?)

I'm no expert in online slot game mechanics, but this "sweeping" theory doesn't make any sense to me.
If the "sweeping" theory is true, slots games are simply following a sequence or an algorithm, where winning the jackpot is predetermined.
This makes the game rigged. The legit slot games are supposed to be 100% luck based and winning the jackpot must be completely random.
I don't think that paid streamers have any influence other than bringing new gamblers into online casinos.
This is some kind of weird myth, that is being shared by low IQ gamblers I guess.
Anyway, I don't play slots games, becasue:
1.They are boring.
2.I have the feeling that they are rigged and designed to make you lose your money(which is the basic purpose of all gambling games, right?) Grin
I don't mind losing my money while having some fun playing games, but slots games aren't fun to play.

Wow, calling people that actually think for themselves ... "low IQ gamblers" are a bit harsh.. right?

In any way... let's say for argument that 1 "Paid" Streamer are the only one playing a specific Slot.... who's money will he or she be winning? (obviously the money that he or she deposited)

Now, what happens when you add 100 more players into the mix.... and they play for a short while, until their money runs out? In theory, the person playing the longest time.... will eventually hit the big win, because the RTP determine that. So, a streamer with huge pockets can play until they hit that win...thus "sweeping" the money that other people played...when they stopped early.  Roll Eyes
2476  Economy / Gambling / Re: Stake.com - The Leading Crypto Casino - 🦉 Drake, UFC, Watford Main Partner ⚽ 🥊 on: August 22, 2022, 06:11:24 AM
Stake always had this "limitations" going on because they are a giant of the sector right now. When you become such a big industry leader, you shouldn't really bother with people like me who can't afford to wager 3k per week, and that is understandable. What they are basically saying is that "we have people wagering a million, when we can deal with those people, why would we deal with people who wager less than 3k per week?" and that’s true.

I know it sounds terrible to people who can't wager that much, I am one of those people, but they are 100% fully right on this, it just means they would have to put resources in places that they can't get back.

Wrong, I would rather have 50 000 or 100 000 people wagering a minimum of $3000 per week.. than a few whales wagering millions, because those whales can go away in a second. They are also high maintenance and they have huge leverage over casinos to misuse their hold that they have over the casinos.

Just look at what happens when a powerful "paid" streamer starts throwing their weight around... they quickly forget who are feeding their families. Also, having a large user base, increase your reputation in a very competitive industry. (Where do you want to gamble...? ..at a casino with 300 active gamblers.... or a casino with 20 000 active gamblers?)

@Kakmakr I totally agree with you because small user’s are available in huge quantities, while whales are moody and you may never know when they get upset and leave, hence building the model based only on whales is a really dangerous strategy. Furthermore I believe that Stake will look at keeping their small gambler’s happy too, and I’m sure that they’ll study everyone’s concerns and find a middle ground that can suit all parties.

I think Stake are doing a very good job at balancing the focus on small/medium/whale gamblers with their challenges and promotions. Take the Challenges for instance.... you will see several challenges posted that offers a minimum bet of 10cents ...to enable small gamblers to also compete to win the challenge.  Wink

The $50k giveaway during Eddie's stream, regularly produce winners with low VIP levels ....but the majority are higher level VIPs that wager a lot more. (which is fair)

The minimum requirement for Bonus drops and rain is also not too high for the small gambler to participate.  Wink
2477  Bitcoin / Press / Re: [2022-08-16] Mark Cuban Sued for Allegedly Promoting a Massive Crypto Ponzi on: August 22, 2022, 05:41:56 AM
@Kakmakr. The Bitcoin community gets the blame for what?

I speculate that Mark Cuban is really an Ethereum maximalist and people like him will use Ethereum's switch to proof of stake to stengthen the argument that proof of work is harmful for the environment and uses too much electricity. Also, I have wanted to say this prediction, however, everyone might accuse me of antagonizing again hehehe. The prediction is Tesla will buy and hold proof of stake Ethereum.

The Bitcoin community might be the wrong word, it is more the technology and the people using it that gets the blame. So, when a Ponzi Scheme use Bitcoin as a payment option, people investing in it... make the link that they are actually also invested in Bitcoin.

So, when they get burnt, they say that they lost money on "Bitcoin" .....not in Ponzi scheme "X" or "Y" .....and they tell that to their friends and their friends tell that to their friends.... and that is how FUD is spread.  Roll Eyes

The Bitcoin "users" are then labelled as participants in "Ponzi Schemes" ...  Angry
2478  Bitcoin / Bitcoin Discussion / Re: The first physical business that accepts Bitcoin payments in my area. on: August 22, 2022, 05:35:57 AM
Can I just give you some advice ..please.

Support that business with regular purchases and also encourage your friends to support it to, because if you do not do that... the owner will decide to remove that payment option.

We had a few businesses in my area that also decided to do that, but he got almost zero transactions and he also struggled with BitPay and then when I visited the shop again... he stopped accepting bitcoin as a payment option.

Also ask him to give a small discount to people that pay with bitcoins, because that will be the incentive for people to rather pay with Bitcoin than Fiat currencies.  Wink
2479  Economy / Gambling discussion / Re: Is It For The Money Or For The Sport Or A Clear Exploitations on: August 21, 2022, 12:07:25 PM
It is very clear that most of these exhibition fights are just hosted to ride the hype and to make loads of money. It is fake and most of the fights are rigged, so the outcome are pre-determined. They also arrange for a re-match and then you will find that the challenger will win that fight, so that they can cash in on a 3rd fight.  Roll Eyes

So, no thank you..... the TikTokers should stay with what they are doing... and leave the professionals to do their thing. I am kinda sick of all the "fake" stuff in this world.  Roll Eyes
2480  Economy / Gambling / Re: Stake.com - The Leading Crypto Casino - 🦉 Drake, UFC, Watford Main Partner ⚽ 🥊 on: August 21, 2022, 09:52:30 AM
Stake always had this "limitations" going on because they are a giant of the sector right now. When you become such a big industry leader, you shouldn't really bother with people like me who can't afford to wager 3k per week, and that is understandable. What they are basically saying is that "we have people wagering a million, when we can deal with those people, why would we deal with people who wager less than 3k per week?" and that’s true.

I know it sounds terrible to people who can't wager that much, I am one of those people, but they are 100% fully right on this, it just means they would have to put resources in places that they can't get back.

Wrong, I would rather have 50 000 or 100 000 people wagering a minimum of $3000 per week.. than a few whales wagering millions, because those whales can go away in a second. They are also high maintenance and they have huge leverage over casinos to misuse their hold that they have over the casinos.

Just look at what happens when a powerful "paid" streamer starts throwing their weight around... they quickly forget who are feeding their families. Also, having a large user base, increase your reputation in a very competitive industry. (Where do you want to gamble...? ..at a casino with 300 active gamblers.... or a casino with 20 000 active gamblers?)
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