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2661  Economy / Gambling / Re: bustabit – The original crash game on: May 20, 2020, 06:52:26 PM
I am not saying that they should be attacked or scammed or anything, I am saying that if you want to stay hidden you should basically not be considered in the wagering competition at all, because you wanted to be out and you do not want to be part of it, and you do not want your name to be shown, so stay hidden, do not give your name anyone, and do not be considered in a competition as well.

This was of course just one part of it, makes no sense because you are losing out on all players who want to wager and make money and join the competition and that means less money and less profits for the casino, why would any casino do anything like that so I agreed that the idea I suggested wasn't really that great and gave a better idea as well for it.

bustabit doesn't ask for you to provide your real name for the userneame. You can put anything you like be it numbers or symbols. And unlike other gambling platform, it doesn't have the limit of users you can create. So, if you feel you've used an obvious username from which others can recognize you, you can always create a new user with a unique name.
There was also talks about being "hidden" could be like "user3432453245" which would be randomly generated, when you are hidden you are given a fake name by the game automatically, but when you are not hidden you could show your real username, would be totally different, let's say someone found your username you could go hidden and now you are not your username, you are some "user352435234" instead. And lets say someone figured that out as well? Just generate another fake username like "user1243124124" and that's it.

So, at the end of the day there is really nothing you could do to stop people from being hidden plus you get to see someone actually winning as well. But, at that point I am not entirely sure how much is having those fake names instead of "hidden" really worths.
2662  Economy / Gambling / Re: FORTUNEJACK.COM |Deposit 777 play with 1777 mBTC |Live Casino, Slots, Betting on: May 20, 2020, 06:22:08 PM
Quote
However, we understand concerns and complaints from the community, and have decided to waive the fee for all BTC transactions at FJ. From now on, the casino will cover all BTC transaction fees concerning deposits and withdrawals made on our website.
I much appreciated your generosity and this response will do help users who don't have much money in their balances. This response shows that Fortune Jack is opened for community ideas, discussions and you all care about customers. Your generosity will be awarded with more new players and many good things will come to the company.
As most of the cases they are not processing the withdraw instantly, they may process all withdraw (per day or per 12 hrs) within one transaction; this way they may able to bear all of our fees. All the above, this must be a very big movement from FJ to attract all of us emotionally and highly appreciable action.

@FJ
Thanks a lot FJ for caring us. You people rock as usual Cheesy.

Has FortuneJack introduced support for Native SegWit? I remember trying to withdraw to a Native SegWit address a few months ago but it didn't work.
Is it? I remember that I have withdrawn to my segwit addy from fortunejack, not entirely sure but I need to re-check. But, it is a little surprise on my side that a leading casino not updating to segwit yet. By the way what is NATIVE sewgit? Your question is all about that native thing? Because I am aware of difference between legacy and segwit but this native segwit is something new to me, it seems Lips sealed.
2663  Economy / Gambling / Re: Stake.com | Crypto Powered Sportsbook and Casino | 🎰 🏀 ⚾ 🏈 🎾 🥊 🎲 on: May 20, 2020, 05:50:59 PM
Sometimes there is a problem with the server side and client side, some stuff are server sided as obviously, but some stuff like images for example could be cookies that put on your computer to load faster next time etc. I think this is regarding that, I wouldn't know because I am not the developer myself so someone from the stake company should answer this, but I had the same error and it was mainly images that was the problem, everything that had a function was working properly and I could click stuff and I could even gamble, yet when it comes to seeing things, all the imagines was broken.

So, I think this is more about stake trying to load and failing to load one part of the website that has the images part, and be able to load the other function parts properly.
2664  Economy / Economics / Re: Rookie thing. on: May 20, 2020, 02:39:26 PM
I'm reading about all this cryptocurrency for a little while now (hard not to its all over and everywhere) and I got some questions that I could not find a satisfying answer.

1. There is no question about Fiat money (whatever it is $, £ or euro.) thats its losing it's value, so the question is. If it got no value what value Bitcoin have then ? ( i will use bitcoin for must common crypto but thinking of any). Can't get my head over it.

2.If you imagine in let's say 20 years FIAT goes to CRYPTO all the way. You want to buy a car worth $5000 but paying in Crypto, how much would you pay ? if $ got no value.

Maybe answer is simple for some of you. Please be good samaritan and share some knowlage here.
Cryptocurrency is not here to replace fiat, but we are going to just have it as another method of transaction which is peer-to-peer. The government will as well create their own cryptocurrency, but it's not going to be a replacement, we are just going to have it and it will only be used by those who want to make use of it. It's just like we have the Credit and Debit Cards (Visa and MasterCard), PayPal, Mobile banking apps, and a lot of other payment methods out there that you can use.

Cryptocurrency is just going to be another option to be added to those, with extra features. Probably it may take decades of time for all people of globe to be thinking about switching over to all electronic money and it may take up to a century of time, even we start about compete eradication of paper money right away. People first adopt e-money of their fiats first and then may adopt cryptos. Long phases to be traveled in-between.
2665  Economy / Economics / Re: Crisis after the epidemic on: May 20, 2020, 12:34:14 PM
How long do you think the crisis can last after the epidemic?
What are the most likely events to occur?
We don't know when this pandemic will come to an end. The economy of many countries has been falling and the government has tried to ease the lockdown, but the numbers kept rising and they had to restart lockdown in some places. And for sure, things are not going to be the same after this pandemic, a lot of things are going to change. And I have even seen some people claim that this virus might not be stopped, rather it will be reduced and will become like a normal thing ( I am not wishing for that to happen though).

I will be happy if scientists can come up with a cure for this and stop it once and for all before world economy goes down further. Still, we cannot assume how much damage corona so far did on each country's economy, the upcoming months are key how we are going to cope with less production of food and with decrease availability workers for all needs. Really challenging periods are ahead Sad.
2666  Economy / Trading Discussion / Re: Tips for good trading on: May 20, 2020, 08:34:21 AM
My best advice would be to never go all in whatever the cost is, I do not care if you are missing out on the biggest potential profit you could ever consider, I do not care if you are missing out on the greatest increase, I don't care if some small coin manages to beat bitcoin and become number one, never but NEVER put all your money into crypto all at once. That is the single most dangerous thing you could ever do.

Of course you can put your last amount to trading, that happens, just don't do it all at once and eventually you will be forced to, there is a big difference between having 10 thousand and putting all that 10 thousand versus having 10 thousand and putting your last 50 bucks, the second one could happen and that is how it should be even if you lose, but not the first way.
2667  Economy / Trading Discussion / Re: Why risk management is so important ? on: May 19, 2020, 06:39:40 PM
Having less loss and having quick profits is basically the method to do it. I had a friend who basically had a system where he had a big bankroll to himself and all he did was keep buying whenever price went down 5% and as soon as he made 5% profit he sold.

So in his mind, if he buys at 100 dollars, he buys more at 95, and more at 90 and more at 85 basically no matter how much it falls, and he sold as soon as whatever the purchase average was 5%+ of that price. That is really not the most perfect method but that was the best risk management I have ever seen. I do not really think there are any better methods than this, it helped that dude to be in profit almost all the time, and never seen him lose too much money neither, sure lost a bit but never too much.
2668  Economy / Gambling / Re: 🚀 Sportsbet.io - Main Club Partner of Watford FC ⚽ Fun. 🏀 Fast. 🎾 Fair. 🏆 on: May 19, 2020, 02:30:20 PM
There is a no "fans" allowed rule and I get that because you can't always keep those people in check neither, you can't really make people stay away from each other and you can't be sure they are virus free, they all have to be checked as well and so forth.

I'm not really sure why there's an argument. If fans come and SOMEONE gets ill and spreads it, they will cancel the whole season. I'd rather take as many precautions as possible in this extreme circumstance.
That is not what I am saying what I am trying to point out that, if there are no fans at all, why are there games played in different stadiums, put everyone on the same stadium and a close by place so they can finish very quickly and be done with it, like world cup for example, games very quickly in few days back to back and be done with it. If you are not going to do that, and if you are going to play in different stadiums, why not get your family and friends as well?

These people could always stay 50 feet from each other, not even few feet like requested, literally 50 FEET from each other and the stadium would be enough. Between all players and all staff, you could get like at least 100 fans that will be purely family and friends of those who are playing.
2669  Economy / Gambling / Re: bustabit – The original crash game on: May 18, 2020, 09:34:34 PM
There is really no reason to talk about the competition and how it should be done without devans really putting his own two cents into the situation, I mean dude has been silent about it for a long time now even though we talk about it here, unless he is busy with something personal and all that, he as a professional person saw all the talks here and he realized there is really no reason for jumping in on the discussion and he simply just declined to make a comment. If he wanted to put competitions, he would have said something and we would have probably have like some roadmap about the competition already, since he is silent about it, that is kind of a way of us understanding there won't be a competition, which means how it will be done is unimportant as well.
2670  Economy / Gambling / Re: 🚀 Sportsbet.io - Main Club Partner of Watford FC ⚽ Fun. 🏀 Fast. 🎾 Fair. 🏆 on: May 18, 2020, 08:46:36 PM
There is a no "fans" allowed rule and I get that because you can't always keep those people in check neither, you can't really make people stay away from each other and you can't be sure they are virus free, they all have to be checked as well and so forth.

However I agree that there could have been family and friends of players, I mean just get your brothers and sisters and mother and father and 3 close friends and there are 22 players on the pitch, plus the staff and the benc and you got yourself like 200-250 people on that stadium easily. And considering the stadiums are super big, you could literally separate them 20 feet from each other and you would still have a ton of place left as well. So I agree that there should be no "fans" watching but there could be close people to players.
2671  Economy / Gambling / Re: ▄■▀■▄ 🌟BITVEST.io🌟 💰WIN BY 🔶PLAY 📈INVEST ☕SOCIAL➡🔺PLINKO🎲DICE🎰SLOT🔲KENO on: May 18, 2020, 08:14:20 PM
Just checked today and finally seeing some recovery on our investments after THAT heavy loss incurred. I divested after that, gambled to win back everything lost, and reinvested on 17th April, nice to see 11% gains already. I wonder if the whale came back to play and lost or we're just getting a lot more new players here?
In lock down we have many new players from rest of world and most of are really enjoying this site as recently I was checking few sites which was saying online casinos have some good traffic and now many are doing very good in long run.
It is a casino after all which means they will basically be the place that will make the money thanks to house edge. Certainly there will be times that even the house gets unlucky and lose but think of the average how much they could make, game is designed to make the casino win.

So, after a big loss it makes sense that there will some sort of bigger increase in the profits eventually since the loss can't continue forever. That is literally the reason why people are investing into casinos because they know that as much as there is a chance that people could win time to time eventually gamblers will lose because of the house edge. I would personally expect even a bigger return in the near future because the people who won will keep on gambling and eventually lose more.
You do not have to make the money back constantly, you could constantly lose as well if you get in at the worst possible moment, sure you can recover eventually but could take years even decades. Now you might think, if the casino is making profit constantly, how could I never recover? Well, there is a simple calculation to that. You could get in right before a horrible fall, some whale wins, your 100 dollar investment becomes 80 dollars, there isn't much investment right now compared to what it could be in 10 years, so you fall harder.

You wait for a recover but there are some other people investing so your recover gets smaller, then right as you became like 85 dollars, some whale may come back and win again, which makes you 75, and then people will invest more and this could go on, you may lose because of whales but not earn because of bigger investors.
2672  Economy / Economics / Re: US is so poor that president trump constantly attack China. on: May 18, 2020, 07:16:54 PM
I am not a big fan of USA neither and I think they are run very corruptly and I think you are right in many aspects of your attacks against USA, they are not even as democratic and free as they claim to be as well.

However trying to show how powerful China is by saying they could buy the whole continent of Africa is not a way to promote China neither. Are they very powerful? Sure they are, but their government is the one that is so powerful, Chinese people are still living a lot worse than many people in European countries, even the small and economically bad ones, Americans live better than Chinese as well, almost everyone lives better than Chinese, these are the people who call 1 dollar per day as living wage versus 10 bucks an hour in USA.

Moreover, China is known for their recent horrible treatment of Uyghur Turks and also what they did to Hong Kong. Having a powerful dictatorship doesn't make you a good country, it just makes you a powerful dictatorship, its same as promoting Nazi Germany on their best period.
2673  Economy / Economics / Re: Money History - Introduction to Ancient Exchanges on: May 16, 2020, 07:36:10 PM
^^How about something as simple as this; it would be regulated but can't be controlled? I mean you can still check people on what they spend the money on and so forth, money could be and should be followed and that's fine, however governments won't be able to control bitcoin, they wouldn't be able to rollback, they won't be printing more, they wouldn't be taking taxes and using it to enrich their friends, they wouldn't be able to buy 1000 dollar per chair or something to use the taxes. Bitcoin will be free, the people who are using bitcoin won't be.

I am not against the fiat world because it is traced and all, that is fine and understandable, I am against it because governments use fiat to make themselves richer while poor people are still poor and they can just print money and make us even poorer while giving that printed money to their bribers.
2674  Alternate cryptocurrencies / Altcoin Discussion / Re: Is this what's preventing wide-spread adoption? on: May 16, 2020, 06:50:51 PM
Anonymity in bitcoin is a preferable thing, not a forced or mandatory thing. You are given a wallet address and you can never reveal that your wallet address is this or you can simply just tell everyone what your address is. So, in the real world if you do not want to stay hidden, simply just put your money in a card, and spend that card, and your card will basically show wherever you spent your money on and how much and so forth.

This is why that can't be the reason, the simple reason is the fact that everyone already has currency that they use, to tell people start using another currency at all is difficult. Even when everyone moved from their own currency to Euro it was difficult and that was mandatory, so I do kind of understand why something like bitcoin may take some time.
2675  Alternate cryptocurrencies / Altcoin Discussion / Re: Safest trading strategy on: May 16, 2020, 09:02:13 AM
What the people who are starting to do this "half and half" thing is the simple fact that you have to still know when to buy and when to sell. You are saying that when its green do this and when red do this but a lot of people do not realize when it is green or red and that is the problem.

There are still people who are out there who basically just buys at the high because its going up and they "do not want to miss out" and when it starts to go down they sell because "they do not want to lose more", I mean that is the worst type of trading in the world but they are still doing that. Those people will not be really making any profit at all in these kinds of markets and this type of strategy, they will eventually lose money no matter what type of strategy you suggest them.
2676  Economy / Gambling / Re: 🐺WOLF.BET - Provably fair Dice & HILO game 🎲↕️ 30% Rakeback💰$500 Daily Race🔥 on: May 13, 2020, 09:31:05 PM
We've doubled the gas fee without increasing the withdrawal fee on the site, hopefully it will solve the long confirmation issue. Sorry for the delay @hopenotlate
Ethereum is already something that is cheap and very fast, I do not think that you could really spend too much to actually withdraw.

Nowadays if you spend something like 20 cents per withdraw that is more than enough, and if you are not gambling on a price that makes 20 cents very small I am sorry but maybe you are not playing with enough money to actually justify gambling.

Normally the minimum people play with is 10 bucks and definitely a lot more, when you are gambling with at least 10 dollars or more 20 cents will be very cheap and if you are playing under 10 dollars you are going to get 20 cents felt but it really doesn't justify gambling, that is more like faucet gambling. This is why I think a fixed fee would be fine as long as it is decent.
It is not about how much you pay versus how much you play with. I could have a million dollars but if I am paying 1 dollar for something that worths 10 cents, that is still not a nice feeling, why would I be fine with getting robbed when I could pay less, just because I am rich doesn't give people the right to charge me more for something I could pay less for.

I am nowhere rich at all so it hurts even more because I am doing this small time and I do not like to spend too much money on something I do not need to. Plus you are thinking about individual gambler based, but the reality is this place has a lot of people gamble and withdraw, so yeah it doesn't hurt one person but when you combine ALL the fee's that is paying, that comes to a lot of money.
2677  Economy / Gambling / Re: OneHash || Mutual Sports Betting & Casino 🎲 || No Registration or KYC 💰 on: May 13, 2020, 08:52:00 PM
^ Like any other industry , esports also facing hard time for the reason of corona outbreak. I agree that esoprts are having more viewers right now, but having viewers means nothing unless they spend some money on stuff. Do you know where the biggest money the sports clubs are making right now? It is tv rights and merchandise.

I know that esports is starting to be good, however organizations pay the competition prize as the tv rights to you, normally lets say a team plays in premier league, they are basically going to make money depending on where they end up, but for tv rights, yet they are going to make money from each game as well, and they are going to make extra if they go to European cups, and they are going to sell some merchandise every time they have a match as well, like sooo many ways to make money.

Esports basically only has that competition prizes but that's about it, all other incomes are quite small to matter.
2678  Economy / Economics / Re: Money History - Introduction to Ancient Exchanges on: May 13, 2020, 07:02:10 PM
Not being controlled by the government is a really good thing about cryptocurrency, and that's one of the features of cryptocurrency that I love so much, except that some people are fond of misusing this feature. Wish there would be a way to trace only those that are using Bitcoin and other cryptocurrencies for a bad purpose, but that wouldn't be possible since it will also be ruining the privacy for those of us that are using it for a good purpose and prefers to stay anonymous and on a low-key.

But that's not a problem, I believe as time goes on the technology will keep on developing, we have still got a long way to go.
2679  Economy / Economics / Re: returning to normal on: May 12, 2020, 09:07:13 PM
We will definitely go back to normal. The thing is it will take a lot of years before we can actually go back to normal life because this wasn't actually an economical crash, it was basically a world wide stoppage of everything which means nobody made any money, not the people not the companies nobody really made anything.

So, starting back up will be harder, governments are trying their best to make money for the people who lost it, but the reality is since this is not a crash, you can't just print money at the scale of whatever people have lost and just cover it and move on, no this is basically everyone stopping and bankrupting and unemployed, so there is not enough money you can pay people to not hurt the economy while still not helping people.
2680  Economy / Speculation / Re: Pure btc speculation post on: May 12, 2020, 08:09:21 PM
There is no reason for bitcoin to go up or go down, right now it is doing super fine and that is enough. Why do you think that halving would make it go up or down? What has happened with the bitcoin? There is about 900 bitcoins mined per day right now, it used to be 1800 bitcoins per day. Which means there is 900 bitcoins mined per day, and that is about 8 million dollars per day, that is a lot of money for a day but it is not really life changing isn't it? The market wouldn't really feel it on day one.

However when you make it 100 days, that 8 million becomes 800 million dollars over time. When you make it 300 days that is 240 million dollars, as you can see we are not even a year right now, in a year we are talking about 3 billion dollars give or take. THAT  will make a change.
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