So, I reckon .."English" is not your first language... right? It is very difficult to understand if you are talking about investments in Crypto currencies or investments in general. If you are talking about investments in Crypto currencies... then I would say it will create a saving culture and also a trading culture under people who would not have done this. (Crypto trading is very easy, compared to other trading platforms) If you are talking about capital investment into a country in general.... well, that should be quite obvious. Any capital investment into a country will strengthen their infrastructure or service delivery ....depending on where those funds are allocated.  |
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I think this is a typical example of the "house edge" catching up to you... after a lot of bets. People tend to look at the short-term gains when they run bots, but if you look at the accumulated results after a load of bets, you soon realize that you are actually not beating the house. I have run similar "tests" like this ...and the end result is always the same ==> The house win! Good luck... no strategy have worked for me ... no matter what I try.  |
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I think one of my biggest surprises in this whole conflict between Russia and the Ukriane..was that India was so willing to throw the West under the bus. They buy Russian Oil...refine it...and then sell it back to Europe.  This action goes blatantly against the sanctions that are imposed against Russia and the rest of the world is simply ignoring it. It just shows how important "money" has become to the world. (The countries in Europe that are buying refined Oil from India, is just as guilty as China for doing this)  |
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Why do they have to warn people, if they basically banned it? Is Bitcoin such a threat to their control over the Chinese citizens... that they have to resort to FUD to fool people? How desperate can a government be to lie to their own people....to manipulate them into believing that Bitcoin is bad?
I hope the majority of the Chinese citizens are not just sheep..... and that they can think for themselves. Even after the Chinese government "banned" Crypto mining.... almost nothing happened in the markets.
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My logic says... if you run multiple bots and you get bots on the one side that wins and bots on the other side that lose, it actually cancel each other out.. right? You might find that some might win today... but tomorrow those same bots will lose. So you have to look at the bet result history of each individual bot over a long period, to see if your strategy has profited or not. My guess is that it will show that the "house edge" has cancelled all short-term profits and it only encouraged you to keep on gambling, so that the house edge could absorb those profits. My strategy has always been..... try to hit the large Jackpot and then stop gambling. (Also make sure that the profit from that win, exceed the amount of money that I spend to get it... or it would have just been time and money wasted) Most of all .... have fun doing it.... then you write off those losses as entertainment.  |
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Let me put it to you in this way... I will much rather bet on something where the odds are more fair, than betting on something where one of the athletes have some kind of advantage over another. The sporting organizations that makes the rules has banned all steroids that will boost an athletes testosterone levels, but some people seem to think that it is "fair" for transgender people to compete with natural higher testosterone levels. I say.... make it a fair contest and I will support whatever Sport they play in. (No matter what sexual orientation they have) |
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So is Stake not going to do something special for the signing of the sponsorship with Everton? You guys made a big thing over the signing with Watford, so the expectation will be that you are going to do something big for the Everton sponsorship too. Today was a extra hard grind at Stake, so I do not know if they are feeding for a "Post Monthly" or something else. (hint hint) In any way... whatever I receive, will be coming out of the losses I suffered today.  Lol I think they hear your request try to check your email '' Post Monthly'' has been sent 30 minutes ago I think you have to do this more often come at the right time  But this time not in the context of celebrating Stake vs Everton but to promote stake shop, ok if we win with this bonus then we have to order at least a product I do not think a post from me will influence any decision making within the Stake marketting team, but thank you for giving me some credit for that. Stake will make very calculated decisions to determine if they will give a bonus or not... and this will be decided by their profits and what the marketing team had conjured up in the back room. The Post monthly will not be decided in 30 minutes after I made a post on this forum, because a lot of work goes into these "extra" bonuses. In any way.. it does not matter who can be credited with this "gift" .....just Thank the Stake team in the chat and do not spend it all in 1 minute. |
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Top Democrat Seeks Probe on Use of Crypto in Retirement Accounts - House Democrat asks watchdog for data on crypto in 401(k)s - Lawmakers divided on how to regulate cryptocurrencies House Ways and Means Chairman Richard Neal is asking a federal watchdog to scrutinize the emerging practice of retirement-savings programs offering cryptocurrency investments. Neal, a Massachusetts Democrat, said in a letter to the Government Accountability Office that he’s worried about the lack of regulation for crypto investments, which could in turn harm retirees’ savings pools if they put money in such assets. Referrence: https://www.bloomberg.com/news/articles/2022-06-15/top-democrat-seeks-probe-on-adding-crypto-to-retirement-accounts?srnd=cryptocurrencies-v2 According to my analysis, Means chairman Richard Neal was a Democrat politician in a Federal showed concern for retiring employees though I'm not sure if I understand this correctly however, you are free to correct me just in case I am wrong. Retirees need to be careful to put their savings on cryptocurrency investors due to the lack of government regulation. And I think his request to the GAO to provide data to cryptocurrency employers so that it can be regulated where they are obliged to pay taxes to the government. I also like to ask everyone of you here, where if you are in favor that all cryptocurrency
must be regulated under byt the government?my opinion - If ever all cryptocurrency will become regulated, that means all crypto employers can able to contibute in the economy. if that happens the economy of the country could also increase, although it will in control by the government. Do you also think that all retirees savings are prohibited to invest in the cryptocurrency?my opinion - Not all retirees are open minded into cryptocurrency, there are some of them have an idea about this industry of business. so if I am one of the retiree and have an idea about in cryptocurrency, I maybe put some of the percentage of my retiree savings where even I know there is risk, but it still fine due to I am willing to loss it if ever I encounter bad things happens in the market. Which is more safe Regulated Cryptocurrency or not Regulated?my opinion - whether cryptocurrency is regulated or not they have both advantages and disadvantages. Though its another topic, and I don't want to elaborate that. 1. I am not too worried about "regulation" ...because I know, governments will not allow a competitor "currency" to function without regulations. (Bitcoin must get the same treatment than any other financial instrument) 2. The contribution in the global economy from a Bitcoin perspective, will be less exclusion to the financial system from poor people that are currently excluded from the Banking system. 3. I think every pensioner should have a balanced portfolio. A small portion of their savings must also be in Crypto currencies, because they want to benefit from a large spike in the Bitcoin price.. when it happens. (They should be restricted into investing in Shitcoins / NFTs ...and Ponzi schemes that are linked to Bitcoin payment) 4. Regulation of Crypto currencies will satisfy the government and also give people a false sense of security. (The will feel safe) |
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I think a lot of the Generation Z (Aged 10 to 25) are still too young to really grasp the concept of having money that are not controlled by any government. (Honestly, I do not know if they really care about that... )
The Millennials (Aged 26 – 41) and Generation X (Aged 42 – 57) on the other hand, has lived in a world where they have experienced the Banking crisis and all the wrong things that these Banks were doing, so they will understand what "evil" relationship there is between Banks and governments ....and how important "Bitcoin" is....as an alternative payment option. (Be your own Bank)
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A lot of people have criticism towards the author Robert Kiyosaki and his book "Rich Dad and Poor Dad" and other books that he wrote.. but he is challenging the norm. I read most of his books and "Rich Dad and Poor Dad" was one of the best. I am glad that you made mistakes and that you had the courage to try again and also that you learned from your mistakes to improve in the future. Some people make mistakes...... blame other people ...and simply give up. (Those people will not succeed in becoming a success in Crypto currencies) |
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You will never be able to stop underage gambling, because the real problem is "bad parenting". You can implement all the KYC requirements and other systems to try and prevent it, but the "bad parents" will create loopholes for their kids to gamble. So, how do you change "bad parenting" in a society? Well, you make the "parents" accountable for their kids behavior and what they allow their kids to do. (Let them pay huge fines, when you catch them doing something illegal) |
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So is Stake not going to do something special for the signing of the sponsorship with Everton? You guys made a big thing over the signing with Watford, so the expectation will be that you are going to do something big for the Everton sponsorship too. Today was a extra hard grind at Stake, so I do not know if they are feeding for a "Post Monthly" or something else. (hint hint) In any way... whatever I receive, will be coming out of the losses I suffered today. |
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Yes, every "bubble" has to burst at some time .... (Examples : Property Bubble / DotCom Bubble / stock market bubble ) ....but look at them now... they recovered and they are much stronger than before. All commodities goes through a "Boom" and "Bust" cycle... and Bitcoin is not different, so we expect that this will happen sooner or later and also that it will recover. The things that are hurting Bitcoin the most, are the scams related to Stable coins and NFTs and Ponzi schemes, where bitcoins are used as a payment option. All of these scams are linked to Bitcoin, because they are Crypto currencies, but it has nothing to do with Bitcoin. |
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Well, this was a very informative discussion indeed... I never thought it would give such brilliant feedback and comments when I started it. I think, if people can afford it, it might be a good idea to buy a second device and then to transfer the "tokens" to the second device... before you run the new firmware. A simple solution like this... will reduce the fear that are linked to the possibility that a firmware upgrade might "Brick" a hardware wallet and it will also encourage experimentation ...if you have a backup device. Thank you for your valuable inputs and suggestions. |
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I think when an exploit happens in a centralized system.... a centralized "authority" will make decisions on behalf of the affected users or customers... but in a decentralized monetary system.... consensus is required for changes to happen. So I reckon different solutions (forks) will be offered and the owners of those coins, will have to abide by what the consensus would be. This will obviously have to happen very quickly, because an exploit like this will affect a lot of other people ...that have control over their tokens. (The previous Bitcoin forks was very hostile ......so I reckon a decision to do this, will cause a lot of troubles in the community) I will suggest that a redundancy plan goes into a vote before this happens.... and then when it happens, it can quickly be implemented before the breach can be exploited too much. |
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Well, Freebitco.in has not asked any KYC details yet, so you can try them.... but they have very limited games to play. The problem with most of these non-KYC casinos are this :
1. They start out with zero requirements for KYC verification and once they acquired a good bankroll or user base, they dump the "illegal" players and they swap to a regulated environment. (So they are just using non-KYC gamblers to fund their goals to become legitimate)
2. A lot of scam sites do not implement KYC verification, because their final goal is to "exit scam" and they do not need the heat from regulatory authorities when that happens.
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How do you guarantee that there are not a devaluation of your deposits? You are only looking at the influence that the deposits at this Bank will have, but not at the influence that trading of that token on other Exchanges will have. A Bank in other people's view, is something that secure deposits and also give interest on their deposits. (Most Banks... but lately some people are paying Banks to secure their deposits) Can you create some Infogram for your vision for this Bank to explain it a bit better? |
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I hate betting on Golf, because there are so many variables to take into consideration to determine the end result. On any given day, one of the low ranking players can have a excellent day or even two days and they shoot to the top. Players can have injuries (like Tiger Woods...and they can drop out from the tournament... giving low ranked players the opportunity to push up in the tournament) The weather and the green and fairway conditions is crucial for the playing style of some of the players in the tournaments, so it is just too unpredictable. (Your strategy might have worked this time.... but it is very risky) I play Golf, so I know when I have a "On" or "Off" day...... and professional players also experience the same thing. |
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Well, let's look at Fiat currencies.... All Fiat currencies has perceived value, because it is backed by a promise from a government to honor the value that are printed or minted on the note or coin. If you really look at Bank notes, you find that it is made from cotton paper and linen (The same material used in the manufacturing of say aprons, bags, towels, napkins, bed linens, tablecloths) ...... and the only value linked to it, is the signature of the government official that promise to honor the value that are printed on that. How many people still believe that governments have the best interest in mind for their fellow citizens? How many corrupt governments are looting and stealing tax payers money? I will rather support a currency that do not use politicians to manipulate it's value to suite their hidden political agendas. (Bitcoin's value is based on supply and demand from people globally... not government officials) |
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Well if it is true that India are buying Oil from the Russians and refining it and then selling it to the EU to help Russia to bypass the "Western" sanctions... then I have no empathy for them. These sanctions were implemented to stop the WAR in the Ukraine and countries like India are sabotaging this effort by buying the Oil and profiting from the deaths of innocent Ukrainians. India can be thankful that the "West" are not punishing them for this by implementing sanctions against them too. Just imagine what will happen to their economy if they decide to do that. |
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