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2461  Economy / Scam Accusations / Re: GG.BET scam on: July 14, 2023, 02:50:57 PM
Almost every user is blaming that site, but the real problem is that why do these people gamble with sites that aren't trustworthy and they can run away with your money anytime without any question. The site GG.Bet has been tagged by the users of Trustpilot as a scam because out of 1,087 total reviews almost 47% of people have rated the site with 1 stars and that show clearly that the site isn't doing any good type of business, and they are following fraudulent activities.

Here is another scam accusation against time site from 2018 in which they have done same type of scam with a user who later reported their scam on the forum.

https://bitcointalk.org/index.php?topic=4815179.0

It's always better to read some reviews about a site before starting your gambling with that particular site which can later turn out to be a scam. It is now almost confirmed that gg.bet is a scam site and anyone who deposits money on that site could end up losing their money without any advance notification.
2462  Economy / Gambling discussion / Re: Saudi Professional League 2023/2024 on: July 14, 2023, 02:39:13 PM
Saudi Professional League is moving in the right direction. During the last 2-3 months they have signed a number of quality players from various European leagues. There were a few let downs, like Messi moving to Inter Miami after rejecting the offer from Al Hilal, but in general they are moving in the right direction. And I can see that a lot of people are unhappy. Not just the management of the European clubs, but also many of the fans. I was going through the Daily Mail article regarding the move by Sergej Milinkovic-Savic. The comments section was full of hate filled posts by English football fans.
Even though in the end the Saudi league failed to bring in Lionel Messi, that did not dampen the intention of other European players to come to this league. Of course all European players are very tempted to get a lot of money the easy way and that is an opportunity they rarely encounter, that's why many are starting to like the Saudi league.

It is only natural that there are hateful comments about the Saudi league, especially coming from fans of Europe's top leagues, and the parties concerned are certainly very understanding of what they are doing. I think the fact that the saudi league is starting to gain popularity is indisputable from now on because this league will attract the interest of the public in a sizeable amount.
The offers with big salaries are good opportunities, the players previously played for achievement but at old age, they realize that money will meet their needs if someday they retire. The hateful comments about the Saudi league may related to players which has been proud of, especially maybe fans of some club, so it is indeed very natural because their fans want these players to stay with club which are they love.

That's a realty because now players are more attracted towards money instead of fame because in the end the only thing that can be useful in life is going to be money not the fame. Lionel Messi has taken a very mediocre step by not joining Saudi League because if he had joined it then he could also earn huge sums of money without much effort. Other than money they Saudi people also take care of their players by providing them all the protocol and facilities that one can only dream of. The players like Ronaldo are enjoying their gameplay in Saudi League and they are earning enough money to enjoy their lives after retirement.
2463  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 14, 2023, 01:50:08 PM
After analyzing the chart of Bitcoin in depth and applied some technical indicators, I found that Bitcoin is soon going to see the light of the day when its price is going to touch $37k, and I'm quite sure that it will cross that range also very soon. Ah, while Bitcoin is getting steady price correction the XRP broke its limits by getting up to 1.7x or even more since last week.

If a coin like XRP can go to that high levels in price then think about Bitcoin. The day isn't far when we will be seeing Bitcoin price above $40k or even above $50k, and those who are holding their Bitcoin will finally is rewarded for their patience. I love Bitcoin because it doesn't pumps like other shit-coins, and that's why it's far more safer than those shitty-coins.
2464  Bitcoin / Bitcoin Discussion / Re: Former Celsius CEO Alex Mashinsky reportedly arrested on: July 14, 2023, 01:09:49 PM
Former Celsius CEO Alex Mashinsky reportedly arrested
https://cointelegraph.com/news/celsius-ceo-alex-mashinsky-arrested

There are a few topics about Celsius and this PoS but I think that if the reports are confirmed, we need a topic for the celebration

Quote
The former CEO of now-bankrupt crypto lender Celsius, Alex Mashinsky, was reportedly arrested on the morning of July 13. The news broke minutes after the United States Securities and Exchange Commission filed a lawsuit against the crypto lender on the same day.

The former CEO was reportedly arrested after a probe into the company’s collapse, reported Bloomberg citing people familiar with the matter. The US Department of Justice indicted Mashinsky on charges of fraud and intention to manipulate the market.

Bloomberg source (might be paywalled)
https://www.bloomberg.com/news/articles/2023-07-13/sec-files-lawsuit-against-celsius-network-alex-mashinsky

Now, with a bit of luck, taking into account Celsius collapsed in June and FTX in November, then in a few months we might have another good piece of news.
So Mashinsky down, Do Kwon arrested, SBF close to prison time, when CZ?  Grin

All scammers!
And to be honest, none of these people are in prison yet. Do Kwon and SBF are vacationing in good homes and if they start talking we will learn a lot of interesting facts about fraud and bribery, so these cases will last a very long time until they are forgotten.

Very true indeed! They all are known for their scams and still no body is going to do anything against them. They are enjoying their lives even after destroying the lives of many innocent users which invested their money into those shady businesses.

Tera Luna was the worst disaster of the year and that dam thing caused huge liquidations within a week only. Do Kwon should be charged with so sanctions but still no good action against that culprit. The system is known to punish poor people only and the ones with huge sums of black money will never be punished.
2465  Economy / Gambling / Re: l0tt0.com on: July 14, 2023, 11:01:25 AM
Hello,

I just launched my new website. https://www.l0tt0.com

The project has instant games with a unique take on where the winning numbers come from . They're taken from the last decimals of Bitcoin's USD price. We source our price information from two esteemed platforms, CoinGecko and CoinMarketCap. We have custom API's which deliver us updates every 10 seconds. We call one, sleep 5, then call the other. each is added with the last and divided by two. Thus giving us a steady price update every 5 second, going down to the 16th decimal. Our games take their winning numbers from the last 5 to 6 decimals. It's certainly a unique and truly random number set. We have a public price API so everyone can see our updates.

I'm very excited to hear your thoughts and feedback. We are starting a small signature campaign this week. I'm starting this thread to introduce the project and to have a place to handle any questions/concerns/comments.


Thanks so much,

Josh

Allow me to extend to you a warm welcome to the Bitcointalk community!

I have taken a look at your website but unfortunately it seems to be made up of only a single page with the message that the website is still being worked on, so I cannot vouch for the legitimacy of any games that you may have to offer. I do like the retro yellow look which you have adopted for your signatures as well as for your brand marketing. The bright yellow color really lures in everyone's attention.

I hope that you will be active in the community as well as fair. Please note that the Bitcointalk community can be very strict and always has an eye out for even tiny details. So it is in your best interest to maintain a squeaky clean reputation!

The website is under construction from a week or more because the developer is currently working day and night to improve the site and add some new games plus upgrade the existing games. I have tested the games of the platform and I can say that those games were working in a fair manner.

I'm also the only participant of their review campaign and I can say that during the review testing I got no extra priority over others. I'm soon going to be sharing my review that I have written after testing the site for a day, and I can surely say that L0tt0.con offers unique experience to the users.


Yes, it does seem a bit unusual to continue running a signature campaign while the site is still undergoing updates or upgrades. In my opinion, it would have been better if the campaign had been temporarily paused and then resumed once the site upgrade was completed. Perhaps he wasn't aware that pausing the campaign was an option?


So far the L0tt0 owner has been running a very successful signature campaign on this forum because even if the site is still under construction, it's still a great step that they have not paused their signature campaign and their marketing is truly at another level. If you go through their signature campaign then you'll surely find out that they have selected some more participants in their signature campaign this week.
2466  Economy / Gambling / Re: How does AI gambling sound? on: July 14, 2023, 10:45:18 AM

You're right that the integration of AI into the gambling industry is still in the early stages, and it's difficult to predict exactly what it will look like in the future. Oh well... we'll have to wait and see how the gambling industry evolves with the integration of AI to understand its full impact and what it will look like in the future because we cannot really guess that much right now,

Can't wait to see how gambling with AI develops. you can be sure this will be a significant technological advancement and betting will be even easier. Online casinos will of course also have Anti Bot AI which can control users so they don't cheat in gambling. a new innovation will emerge to make it easier to make gambling bets.

I'm quite sure that casinos will also develop algorithms to stop AI based gambling in future when it develops because the online casinos can't lose a lot of money if an AI learn a particular game in fashion that no human could possibly learn. The casino owners and their programmers will never allow such piece of software to run their business, and that's why they will try their best to stop all such activities on their sites.

I'm sure the AI developers will find another ways to create a piece of AI that could detect the price range without even allowing those anti-AI software of the websites to notice that they are using such a AI based predictors. In such cases the things might go wrong for many casinos because they will lose a lot of money in the hands of those people who control those AI based bots.
2467  Economy / Gambling discussion / Re: You must do this if you want to QUIT or NOT on: July 14, 2023, 10:39:31 AM
Well, it's always advisable to only gamble with the money that wont affect your life even if you lose it. Gambling is a very strange type of entertainment and those people who have no luck or they are not lucky, then they will not gain any profits in the world of gambling. That's why if those people set a amount limit during their gambling session then their losses will not impact their lives.

The second point is also right because gambling isn't a field to make money, and especially for those who would want it to be their main source of income. The gamblers on some days can earn quite good amount of money while on some days they will lose a lot of money. It's always important for a gambler to set limit on their gambling activities on those days when they have more losses than wins.

The third point need to be changed a little because those who spend few hours are day on a casino often get addicted to it and that's why it's important to limit your daily gambling duration in minutes instead of hours. If you love gambling and enjoy casino sites then I think 40-80 minutes per day is more than enough, and more than that would be the misuse of time.
2468  Economy / Gambling discussion / Re: Gamble Responsibly on: July 14, 2023, 10:31:18 AM
Haha, addiction to gambling is lot a curse my friend, it's just a gambling disorder, lucky ones still find a way around their addictions before it turns chronic, while the unlucky ones, well, like you said, keep gambling even after they've gone bankrupt, they can go hungry the whole day provided they find some money to satisfy their gambling urge.
I know someone who made hundreds of thousands of dollars from gambling. But he got so addicted to gambling that he lost that money by gambling, he even sold his favorite bike and gambled with that money and lost. In fact, we have a lot to learn after seeing this kind of real experience, that we have to be emotionally strong in every place so that we don't have to put ourselves in bad situations due to our wrong decisions.
Many gamblers have committed same mistake and in most of the cases its not actually because they lack control over their habits, I like to think that greediness and not being content also plays a major contributory factor for this gambler to have actually gone A-wire and lost control to the extent of even selling his motor bike and other stuffs.
Well, It is actually lack of control over ones habit that give room for greediness, which is also directly or indirectly the same thing as not being content, to thrive..
Think about it, one who has control over himself will know when to draw the limit, and also will not allow greed to take the better part of their self, so being greedy, also not contented all boils down to lack of self control.
I implore people to carefully study themselves and the limit at which they could take before doing anything. This thing they call adulthood is tasking, which is why the government makes sure that everyone above the age of 18 years is free to do whatever such want with approval. Ans if one reaches that age without knowing their weakness and strength and how to control and exercise limits, they should be blamed. We are responsible for our actions as an adult, it takes discipline, careful calculation and planning for one to gamble responsibly. And if you are out of control, it's advisable to take a break for some weeks, this helps to take a deep breath and gives more strength to control any gambling addiction.

Yeah, it's an important thing for the people to understand their limits, and they wont cross their limits at any cost. However, if someone is not able to understand their limits and continue to follow the path of greed then he/she is surely going to see huge losses.

If gambling is done without any rules or control over one's emotions then the users can face huge losses without any doubt. It's always our own responsibility to have control over our emotions during gambling, and if we aren't well disciplined then chances are that we will see huge losses.
2469  Economy / Trading Discussion / Re: When You trade Do You use VPN? on: July 14, 2023, 08:28:41 AM
There is no need to use a VPN to use any crypto exchange in my country because all crypto exchanges are directly licensed in our country. Transacting through vpn is a bit annoying because most of the time in case of vpn the server has problems which makes it difficult to conduct transactions or other activities properly. But if there is a country where the use of crypto exchange is completely prohibited then the users of that country must take such advantage through VPN.
Another annoying aspect of using vpn is that whenever you use vpn you will get annoying ads which are really annoying. And choosing a good quality VPN is difficult. Most countries can use crypto exchanges directly without the hassle of a VPN.

The same is the situation here, I don't really need to use any kind of VPN connection in order to use crypto exchanges in my country because there isn't any restriction from regulators of my country on those exchanges and they have been working without any issues.

However, I must say that if there were restriction from the government on those exchanges then in that case I would also go with a VPN to use those exchanges. But, I would only go with a paid VPN service that wouldn't keep logs of the users because that would be the most preferable and safe option for me.

The free VPN's are often bloated with adware and that's why they are annoying for me, but the ads aren't much of a concern for security, however, if those VPN's aren't run by a secure and trusted vendors then there are changes that our accounts and other confidential data can be exposed if they keep logs of the connections.

I really don't prefer free VPN's for something that has to do with accounts and financial assets because trusting those could cause huge damage, and that's why it's better to avoid those. However, if someone is still in need of using those to browse the exchanges then that's his/her own choice.
2470  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 14, 2023, 07:53:07 AM
40 k Bitcoin
Sooner as we think, my friends
This is a man’s world.

Yeah, you're more than 100% right Bitcoin is soon going to reach $40k price value. I hope that the thing takes place within a month or two from now. And, I'm quite sure that Bitcoin will trade above $40 from the first day of 2024. The next boom in crypto-world will be written in the books of history. Those who have Bitcoin are having the worlds best asset which can grow so huge in this decade that people can only dream of.

2471  Economy / Reputation / Re: AI Spam Report Reference Thread on: July 14, 2023, 03:48:46 AM
I'm not sure that if I followed the correct format, but I'm quite sure that this user might be using some AI text spamming to create threads that are purely generated with AI. Sorry if something isn't right because it's my first time reporting those threads and if I have unintentionally made a mistake then kindly correct me. Thank you.

Looks good. Now just wait until moderator will approve your reports. Wink



Thanks man, I will wait for a response from the moderator and once he approves my report then I will dig up further to find all those people who are using AI based spamming on the forum. I hope that such service can be helpful for the forum and I truly appreciate the efforts of everyone who are trying their best to fight AI spamming. But, sometimes I think that what if the tools and sites we use for detecting AI text aren't doing it in a positive way, I mean if there is a user who has done posting without using any AI text generators, and out of sudden those detectors detect the posts of a user as AI spam.

Wont that be injustice with a user who hasn't used any AI tools for creation of the posts. I have tested some gambling board posts of some very active and valuable gambling board members of the forum and Copyleaks detector has found tagged them AI text. However, when I have gone through those posts once again and my mind was little bit confused because they members were posting those replies for the matches that were being played on daily basis and still the AI detector detected those as 99.9% AI generated text.

I don't know, but could those detectors give us false positives? If yes than how can we come up with a better solution? I mean it should be necessary to find a solution in that case to avoid reporting the posts or the members who aren't using any help of AI based detectors. I have also noticed that people who fix their grammar mistakes and sentence correction from AI software are often being falsely tagged by those detectors has AI text. Kindly, enlighten me in this regard. Thank you.
2472  Economy / Reputation / Re: AI Spam Report Reference Thread on: July 13, 2023, 05:15:03 PM
My first report in this thread! The user is jbgsmininggmbh and he has been doing AI spamming without any worries.


Post #1

Bitcoin, the world's first decentralized digital currency, has been embroiled in a persistent debate regarding its environmental footprint. However, it is crucial to clarify that energy usage does not inherently lead to environmental harm. According to the Cambridge Centre for Alternative Finance, bitcoin's annual energy consumption amounts to a substantial 129.45 TWh, comparable to that of entire countries. Yet, this comparison often leads to misunderstandings about the true nature of bitcoin's environmental impact.

In fact, the CCAF has determined that the bitcoin industry uses a significant amount of renewable energy, sometimes more than half, depending on the jurisdiction. This is a testament to the industry's commitment to sustainability and its potential role in the green revolution.

Furthermore, it's a common trend for technologies to start off with a high level of inefficiency, including a larger emissions footprint. Over time, these technologies evolve and become more efficient, reducing their environmental impact. This pattern is evident in various technologies, such as solar power or EV's, which initially had a higher emissions output that has been progressively reduced.


hivemoderation: 99.9% likely to contain AI Generated Text
copyleaks: 80.1% probability for AI

Post #2


In April 2022, the Central African Republic (CAR) introduced Bitcoin as legal tender, aiming to position itself as one of the "bravest and most visionary countries in the world." However, just one year later, the country has reversed its decision and passed a new law restricting the use of cryptocurrencies once again.

The CAR is one of the poorest countries in the world, struggling with numerous challenges such as political instability, crumbling infrastructure, and food shortages. Nevertheless, last year, the country decided to introduce Bitcoin as legal tender, following El Salvador as the second nation to take this bold step. However, the move generated little interest as most business owners preferred to focus on improving infrastructure and security.

From the very beginning, the introduction of Bitcoin as legal tender was met with skepticism, not least because of the CAR's close ties with Russia and suspicions that the use of cryptocurrencies could serve to circumvent sanctions. Additionally, the United Nations warned that cryptocurrencies in developing countries could be associated with high risks and costs.
Now, the Central African Republic has reversed its decision and repealed the original law. Instead, a new law has been enacted, designating Bitcoin and other cryptocurrencies as reference values that citizens can voluntarily use or accept as payment.

The failure of the Bitcoin project in the CAR can be attributed primarily to the country's economic situation and lack of development. From the outset of the Bitcoin introduction, there were strong doubts about the project's success, as only about ten percent of the population had access to the internet. Furthermore, the promised economic benefits never materialized, and planned projects like building a Bitcoin city or launching their own cryptocurrency stalled.


hivemoderation: 99.9% likely to contain AI Generated Text
copyleaks: 79.9% probability for AI

Post #3

As we dive deeper into the fascinating world of Bitcoin, we cannot help but wonder what a future in which the Bitcoin standard is widely adopted would look like. Such a scenario would undoubtedly be utopian, and one can only imagine the myriad changes that would occur in the global economic landscape.
First of all, the decentralised and immutable nature of the Bitcoin blockchain would completely transform the financial sector. The need for traditional banking institutions and their associated fees would be greatly reduced, if not eliminated altogether. This would give people unprecedented control over their finances and enable them to transact with anyone anywhere in the world without the need for intermediaries.

Furthermore, with Bitcoin's limited supply, inflation would also become a thing of the past. Unlike fiat currencies, which can be printed in unlimited quantities, Bitcoin's supply is limited to 21 million coins. This would lead to greater stability in the global economy, as the value of Bitcoin would be more predictable and not subject to the whims of governments or central banks.

Another major advantage of the Bitcoin standard is that it would significantly reduce the financing of wars and other conflicts. Currently, governments can finance wars by printing money, which leads to inflation and a devaluation of their currency. However, with a limited supply of Bitcoin, governments could not simply print more money to finance their wars. This would make wars less fundable and less likely, leading to a more peaceful world.

Finally, the introduction of the Bitcoin standard would lead to more financial inclusion, especially in developing countries. As traditional banking systems are often inaccessible or unreliable in many parts of the world, the decentralised nature of Bitcoin would provide people with a reliable and accessible means of transacting, even in areas where banks do not exist.

In summary, a future in which the Bitcoin standard is widely used may seem like utopia, but it is not entirely out of the realm of possibility. The many benefits of a decentralised financial system are too great to ignore, and as more people become aware of Bitcoin's power and potential, we could see a gradual shift towards a fairer and more balanced global economic landscape.



hivemoderation: 99.9% likely to contain AI Generated Text
copyleaks: 99.9% probability for AI

I'm not sure that if I followed the correct format, but I'm quite sure that this user might be using some AI text spamming to create threads that are purely generated with AI. Sorry if something isn't right because it's my first time reporting those threads and if I have unintentionally made a mistake then kindly correct me. Thank you.
2473  Economy / Services / Re: [OPEN] l0tt0.com - Signature Campaign | Sr. Members+ | Up to $4 per post on: July 13, 2023, 12:38:18 PM
Payments for Round 3 have been sent



I have added a couple of new people in the campaign now. However, we are still accepting applications as we will likely be adding more after an update to l0tt0.com is ready.

Received the 3rd week's payment on time! Thanks a lot.
2474  Economy / Gambling / Re: Impossible KYC Requirements - Stake.com - Withholding $6000 USD on: July 13, 2023, 12:08:35 PM
It's interesting how casinos care about your identity, source of funds, etc. only if you win. You can lose millions and they will not ask for any documents.

Yeah, it's quite amusing how casinos suddenly become very concerned about your identity, and all those formalities, but only when you start winning. On the other hand, you could lose millions, and they wouldn't bat an eye or ask for a single document. Quite a double standard, isn't it? Of course, we can understand that they are businesses after all, and profit is their primary goal. So, they will do everything in their power to safeguard their financial interests and maximize their profit. However, what's truly unfortunate is that regulators permit such practices. Yet, considering they have a stake in the profits as well, we shouldn't be overly surprised.


They are doing such thing to maximize their profits because when someone losses the whole money goes into the account of the casino and when someone win the money has to be withdrawn from the account of the casino. The casinos which are working with a fair model would never ask for KYC for small amounts, but if the earning is high is amount then the casinos ask for KYC and other documents.

Their main aim is to safeguard their platform against those gamblers who might be the luckiest people on the planet and I believe that's why they mainly ask for KYC to know the people playing behind the scenes. They have been running this business model for a long time now, and they will continue doing it for even more time. I'm quite sure that team Stake will solve this issue very soon and they wont compromise their reputation for $6000 because that's not a huge amount for them.
2475  Economy / Gambling discussion / Re: Quit gamble! Easy or Hard? Let's talk. on: July 13, 2023, 05:13:52 AM
Anyone can easily slide into addictions and gambling addiction has been one of the major challenges that have faced a lot of people trying to withdraw from it addictions have not been really that easy so it all best one does not gamble too much, because doing so is what leads most of us into excessive loses and possible addictions since we will be chasing the result constantly and the house will always be at advantage over the players and that has been the reason for many of the recorded loses over time.
So in gambling one needs to set a limit as to how far you will go and when to put a stop.
A gambler is more likely to become addicted due to excessive gambling. And if a gambler accepts this and manages his gambling accordingly, the chances of becoming addicted can be reduced. It is natural that uncontrolled gambling will turn into an addiction. Who consider gambling as a source of pleasure can take a break from gambling at any time. Those who are not ambitious from gambling, it will be a bit difficult to get addicted. When a gambler loses too much, he may feel the urge to gamble more to recover the loss, and from there his addiction may develop. It is quite difficult for an addicted gambler to give up gambling.
however gambling addiction has an even greater negative impact. those who are not controlled in managing their gambling activities will be very bad for their life. it will be difficult but not impossible for a gambler to reduce his addictive activity. what can be done is to look for more activities that spend more time. and make gambling activities increasingly limited. so it can be made like a time control when a gambler plays.
That's true because gimbling addiction cause more damage than good and anyone who is addicted into gambling will lose every loved ones from his/her life. No one wants to spend their life with a gambling addict and that's why such people are always left alone in the end. In fact any kind of addiction is harmful because if someone is addicted to a thing that could cause problems for others or for his own self then they should find a way to control such addiction.

I think it's really hard for a gambler to stop his/her gambling activity because such people are basically stressed souls and they can't control their emotions. These people are often treated in rehab centers where the top level psychologists and other spiritual persons guide to people for a long period in way that the addicts might end up their addiction without any troubles. Few of those addicts give up on the addiction after being treated in those rehab centers, but most of them will again continue gambling even after spending some good time in those centers.
2476  Economy / Gambling / Re: Without money, does it still qualify as gambling? on: July 13, 2023, 05:02:32 AM
I would also say that without money it is not really gambling. It's playing in demo mode, with fictitious money or with chickpeas, but it's not gambling as such because there are emotions linked to the loss or gain of money, which are intrinsic to gambling and which you obviously don't experience if you don't use money.
Talking about gambling there are many meanings and when betting outside an online casino or land casino there are also some people who bet on a sporting event but they are not risking money but valuables such as cars or gold but because we are talking within the scope of the online gambling industry then it is clear that pure gambling is indeed risking the money we deposit, not using a faucet or a demo account.
From here I agree with the opinion that you have conveyed.

Well risking money or the things that worth money is same because they only bet with the items that can be sold without any issue and that's why when they win the bet then they can have that item as a winning bet. In order to gamble we'll always have to risk money or something that has a worth and can be sold later on. A gambler who doesn't bets with money or with items that worth money isn't a gambler at all, and I would consider such person as a kid who loves to play video games with virtual money that has no element of winning or losing.

A gambler is either a winner or a loser depending on his/her luck or the amount of win rate or loss rate they have in their gambling life. If someone who consistently wins the bets then I would consider such a gambler as a winner because such people are quite sure that their luck is in their favor and on whatever game they bet their rate is winning is higher than others. However if someone who consistently faces losses in gambling then I would consider such a gambler as a pure loser, and it's always better for such people to give up on gambling if they don't want to lose everything.
2477  Economy / Trading Discussion / Re: Trade with caution on: July 13, 2023, 04:54:43 AM
Snip

First of all I would like to clear your mind that trading isn't risky for those people who have a proper plan and follow a well developed and tested strategy. Mostly the traders lose money because they start trading with the pump-dump coins and that's the main reason for their loss, as those pump-dump shit-coins are valueless and if someone trades those in greed then the person will lose his/her capital when those coins see a huge dump.

I would also like to make you sure that the ones who do Bitcoin trading will never be disappointed if they follow a well developed strategy based on the sentiments and technical indicators because such strategies will finally make those traders be at profits instead of losses. The Bitcoin trading isn't for newbies and in that case I agree with you, but it can be learned within few weeks if someone is truly devoted into it.

I don't think that a good trader ever needs to withdraw his money because if he's earning a good amount of profits from his trading then he will only withdraw the profits instead of the whole capital.  Well, I know greed is a worse type of emotion that could cause huge damages, but instead of greed if we have patience then things wont be bad for a trader even if he holds his coins for a little longer period to earn some more %age in profits.
2478  Economy / Economics / Re: Can Twitter Stock Experience the same Rise? on: July 13, 2023, 04:42:07 AM
Some few days ago, Mark Zuckerberg launched a new app called Thread. The whole netzines are wondering what his intention. Could this be an experiment. The shocking though expected of it is that a few hours after it was launched, it recorded success both in the number of users who signed up to use the app and most importantly on Meta's stock. However, looking critically at the app we can it is obvious that it is merely Instagram clone.

We already know that there is some bad blood between Meta and Twitter. Or Mark Zuckerberg and Elon Musk. Given this, I would like for us to discuss this, if Elon Musk decides to launch a clone of Twitter app, do you think it would achieve the same level of success in terms of user base and Stocks considering Elon's controversial history with Twitter?

- https://www.forbes.com/sites/brianbushard/2023/07/05/meta-stock-soars-to-18-month-high-ahead-of-instagram-threads-launch/

The Musk is a very dangerous businessman and he bought Twitter to earn a lot of revenue from it but in the process he forgot that the users on Twitter loved it with the way it was, and changing it in any way would cause huge stress and fear in the minds of the users. But, that guy with his business mindset didn't really cared about those users because his main intention was to earn a lot of revenue from the platform within a short duration of time. He failed with his approach and that's why apps like Threads got those users in short span of time which Twitter lost due to Musk's greed.

I don't think that Elon Musk needs to create a clone of Twitter because he already owns the platform and why would a guy who has a platform creates a clone of it to make the situation even worse? Meta created the clone in order to grab those users who were dissatisfied with Elon's plans for the Twitter, and Mark Zuckerberg knew that in such times creating an app like Threads could grab those users because they hated the Musk's idea for the future of Twitter.

If Elon Musk wants to regain the trust of the users then he will have to convince the users that Twitter is still the old Twitter and the ones who will be using the platform wont be affected in any way due to the recent announcements. Or he may directly declare that he has changed his plans related to changing of Twitter, and even with a simple statement like this the stock price of Twitter will gain a pump within days. But, if Elon continues to stick with his announcements and ideas then in future the stock price of Twitter will fall further down to unexpected levels.
2479  Bitcoin / Bitcoin Discussion / Re: Motivating gambling addicts to invest in bitcoins. on: July 13, 2023, 04:27:02 AM
Nowadays many people in our country are addicted to gambling. I have seen many people losing their huge amount in most of the gambling games. If all those people can be informed about bitcoin, how to earn money in bitcoin? I think they would have invested in Bitcoin and they could have made money from it.Besides, if they can discuss about Bitcointalk in detail, then I think they will learn about Bitcointalk besides investing in Bitcoin. In this, the person addicted to gambling could stay away from gambling besides earning money.

They might end up losing their Bitcoin by gambling again! The first thing to do is make sure they are not addicted anymore. If someone is addicted to gambling, I believe they don't have patience. They always want to make a profit no matter how tough it is. If you ask them to invest in Bitcoin and say that Bitcoin will generate profit for them in the long run, I doubt they will be able to hold it for a long time.

They will end up putting their Bitcoin on bitcoin doubler websites and getting scammed. Moreover, almost all online casinos support bitcoin deposits these days; they will also end up gambling on it. The only solution could be depositing their Bitcoin in a time-locked wallet for a long time, and they may make some profit in the future.

That's very true a gambler will have more options to fulfil his/her addiction if they have invested money into Bitcoin because these days almost every online casino accepts cryptocurrency payments, and especially payments made with Bitcoin. Those casinos also offer huge deposit bonus for the users who deposit via Bitcoin and such addicts could end up spending their Bitcoin of such casino sites.

They will lose the money no matter even if the have first invested into purchasing Bitcoin because their addiction wont let them to earn revenue from their investment. However, if those people who are addicts of gambling treat their addiction first and then invest the money on Bitcoin then they will earn quite good returns in long term.

It's still a better choice to go with Bitcoin investment if a gambler knows that he/she wont touch that investment until they gain good returns from their initial investment. In that case their investment would grant them good returns if they hold it without touching it for a long time. The better option for those gamblers should be to invest in Bitcoin and hold those Bitcoin in a cold wallet, and that way they might be able to earn the profits and somehow give up on the gambling addiction.
2480  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Where to invest 7k usdt on: July 13, 2023, 04:17:42 AM
Where to invest 7k usdt

To get profit daily 30$

Invest half of the money into Bitcoin and hold it for the next bull run while the remaining half should be allocated to trading. The price of Bitcoin is going to go up in coming years and if you invest in it now then your returns will be very high and you'll see exponential growth in assets value. The half that you have left for trading should be traded with a scalping strategy and you should only trade Bitcoin or some valuable to alternative coins which are known for their features and userbase.

I would say that with such investing plan you'll have consistent income over a long period because if scalping is done in the proper way then sometimes getting $30 to $60 per day is possible. However, you should also keep in your mind that those $30 or higher revenues can't be generated everyday because crypto-market doesn't works in that way.

I wont recommend you to lend money and earn interest from it because that thing is quite risky and if you lend money to someone who can't return it then you will end up losing your initial capital. Although, I don't recommend it but still lending is also an option to earn consistent income if things go in your favor, but trust me sometimes you'll end up losing a lot of money with such service.
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