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2661  Economy / Scam Accusations / Re: Fortunejack Scammed me WARNING on: November 10, 2021, 03:40:26 AM
Hello this is my experience with Fortunejack.
I deposited 40 000TRX around august to bet with, I got limited real quick and had 45 000TRX in my account around a month later and I withdraw.
After this I get an email "delay blablabla" then an hour later I get this  -

"Hi Eklund81,

In order to finish withdrawal check up process, you need to pass KYC  procedure.
Please, log in to your Account -> Dashboard -> Personal Information, in the Edit Profile section you need to choose Verify Identity and pass all of the steps of KYC verification."

As of an experienced gambler gambler I didnt think much of it and thought I would take care of it when I had the time the money should be safe it seems like a legit site. Oboy was I wrong.
almost two months have passed now I have been taking care of my sick old mother and have not been prioritizing my email etc. I thought I would finally take care of this KYC and send in my documents, for some reason I cant login in to my account.. I asked the support-agent and  this is what she wrote.. -

"Hi p0ntidude,

Please, be informed, that after making a withdrawal request we contacted you via Email to let you know that your withdrawal was under a security check and you needed to pass KYC  procedure.
We didn't receive a reply from you within 14 (fourteen) calendar days and therefore your account was closed permanently. According to our T&C:

7.7. You are obliged to submit to the Company all KYC and CDD documents requested by the Company during 14 (fourteen) calendar days after the request is made by the Company. If You do not meet the set deadline the Company shall have the right to block and terminate Your Account and confiscate all funds available on Your Account."


I am so furious, in the 10 years of betting I thought Id heard it all. This is just pure theft.
Not once did they warn me about this "term" when sending out the KYC-message or in between those 14 days after, This cant be legal right? Anyone else with a similar experience?
Does anyone know where I can find the Curacao gaming license-guidelines etc?

Ive found this from the gamblingcommision in the UK -
"Terms should not allow operators to remove funds from an account if a player is not able to verify their identity.

From 7 May 2019, a request made by a player to withdraw funds from their account must not result in a requirement for additional information to be provided if the operator could reasonably have expected to have requested this earlier.

An example of what not to do
"In order to make a withdrawal, you may be required to provide certain documents. If you do not provide this within fourteen days of our request, we may remove winnings and terminate accounts."

https://www.gamblingcommission.gov.uk/licensees-and-businesses/guide/fair-and-transparent-terms-and-practices

I mean this is just pure scam.


If FortuneJack indeed have scammed you, I suggest you post this to the Scam and Accusations board to inform and spread awareness to others as well. I'm sorry to hear that your mother was sick, I hope she's doing well now. It's indeed unfortunate for you to experience both awful scenarios, which occured at the same time.

Both of you and FortuneJack has shortcomings why this situation has happened. I am not victim blaming, I just want to point out what I think should have made a difference if a specific action was done.

First, it was your responsibility to read all the terms of service and conditions of whatever you are entering into. The moment you agree with their policy, you give your consent for them to do various things to your account the moment you don't comply to what they are asking for. In this case, you aren't aware it is possible for them to close your account for not sending the things they asked you, hence the account closing happened.

I get it that you are preoccupied with attending to your sick mother but you could have taken some time in complying to the KYC during your free hours. I believe it wont take an hour long for a KYC. Usually it's already done in 5 minutes. But I am not pinning you though. It's really hard to think rationally when you're overwhelmed with emotions and tired after all. As for FortuneJack, it is their duty to make a warning before actually closing the account. They should have stated the number of hours/days/months/years you should comply to them so that you can adjust your schedule if it will be needed asap. They failed to inform and make a warning which lead to this scenario. I don't know if they is something you can still do about this, but I hope so because a money is involved. Money is very much needed most especially now.
2662  Economy / Gambling discussion / Re: What would you think of Meta (Facebook) allowing bets in the metaverse on: November 10, 2021, 02:53:06 AM
It is know that Facebook is trying to reinvent itself, wash its image and becoming a more powerful business. And it is the right strategy, because contrary to other business such as online retail (Amazon), internet searches and sales (Google) or electric cars (Tesla), social networks are more susceptible to ageing customers and trends in the young. However, rumors say that they may actually enter into the betting arena by implementing gambling and gaming for money in the future Metaverse of Facebook. What do  you make of this?

I don't think Facebook would allow gambling on their platform. Facebook is a social media platform that enables the users to utilize its features, to interact, and to be updated on the current happenings at ease. It is not only intended for the adults, but also for the younger generations as well. Facebook allows the youngsters to use their app.

In fact, Facebook users are actually composed of teenagers and young adults based on what I've read in an article that talks about the statistics of average age of Facebook users. With that, definitely Facebook wouldn't dare to risk their reputation. Because they are not only catering adults, but also the innocent ones which could be destructive if they were introduced to gambling at a young age without proper guidance. They are open into gaming industry, but not really when it comes to gambling that could cause addiction. Also, correct me if I'm wrong, but they also prohibit advertisement and any promotion related to crypto in their terms and policy.
2663  Other / Off-topic / Re: Deron Williams to fight in an undercard on Tommy Fury vs Jake Paul fight. on: November 10, 2021, 02:19:04 AM
The news came out and I'm surprised that I will see another retired NBA player fight in boxing.

The news; https://www.spin.ph/boxing/deron-williams-to-fight-in-jake-paul-tommy-fury-undercard-a1931-20211106?ref=home_featured_1

Quote
FORMER NBA All-Star Deron Williams is entering the boxing ring, possibly against a fellow former pro athlete.

Williams, who played 12 seasons in the NBA, is fighting in the undercard of the Jake Paul-Tommy Fury event on Dec. 18 in Tampa, Florida.

Organizers have yet to officially announce Williams, opponent, but he is reportedly set to face former Pro BowlerFrank Gore, who played 16 seasons in the NFL.

Last time I check, an ex NBA player Nate Robinson got knockout cold by Jake Paul, and now another ex NBA star trying his journey in boxing, this must be fun.

Boxing is getting more on the money making side now instead of actually entertaining and making a good fight against players. With all the exhibition matches that involves either both amateur that has literally no background in boxing, professional and boxer wannabe, and retired boxer against an amateur. The matches are now just made for the sake of profit and not really focused on the core of the sports IMO which makes it boring to watch. These kind of matches are not for everyone since not all of us are fond of exhibition and undercad fights. I guess their target audience must be the fans of the players. I'm still wishing for a worth to watch fight despite all of these. After all, there could be unexpected turn of events during the match so we'll never know.
2664  Economy / Economics / Re: Financial Stability - Get yourself non ending economic circle. on: November 10, 2021, 01:39:46 AM
It's really advisable to not only depend on a single stream of income. It's much better to have multiple sources of income to achieve financial freedom and independence. No man has ever become trouble-free in financial aspect for only having a one work to sustain his needs and wants in life. A work won't guarantee you the life you want. It would be between to just enough to sustain your necessities in order to survive or barely making the ends meet. Hence, you have to be strategic, creative, and resourceful in order to have many ways to acquire income.

During this modern age, there are so many job opportunities and other means to generate income and profit with the help of technology and innovation. Aside from working your day job, you could also find another job as a sideline such as freelancing with the help of your talents and skills. You can make your hobbies as another way to earn money. That way, you are enjoying as well as earning profit - a win-win situation. You can also invest in stocks or crypto and other form of investment vehicle that suuts your preferences well. You'll have a passive income while doing the things you need to do, which is a good thing because you'll spend minimumof your energy to it. You can also try doing small business if you have a capital to start off and it is your thing.

You see, there are so many ways to be financially stable before you even reach your retirement age. You just have to keep looking and of course you must execute your plan well to be able for it to flourish.
2665  Economy / Economics / Re: The Largest Crypto Exchanger in Thailand has been acquired by Commercial Bank on: November 10, 2021, 12:47:45 AM
After the government of El Salvador accepts Bitcoin as their legal tender, then there are much other positive news that enlivens crypto exchanges around the world, one of which is the approval of the Bitcoin ETF by the SEC,

Governments and investment regulatory authorities have slowly begun to understand the meaning of crypto which is not as bad as they previously thought.

Today, in Thailand, the country's oldest bank has acquired a majority stake in the country's crypto exchange. What really intrigues me is why commercial banks acquire crypto exchanges? If the reason is purely business profits that have been analyzed previously, that's a common thing. But are they sure about the decision? The level of security that is very vulnerable by hackers and the highly volatile crypto market, is it in line with their core business which prioritizes stability?

The challenge is after the acquisition, the exchange experienced a bug problem until it was closed 5 days at the decision of the SEC of its country.

What do you think?

Source: https://www.coindesk.com/business/2021/11/02/thailands-oldest-bank-acquires-majority-stake-in-countrys-largest-crypto-exchange/

This commercial bank already knew what it was doing. Certainly, they won't do this if they aren't knowledgeable about the risks and all the possible repercussion of their decision. For sure, they already assessed the risks and made a strategic planning before they have made the acquisition of crypto exchange. For a commercial bank, a central organization, their moves and actions should be well calculated and thought of to avoid untoward incidents such as losses. I think they have prepared and thoroughly checked whether it would be beneficial to them or not. They wouldn't do it if it would not give them significant impact, right?

This is a courageous move for a central organization. Surely, they know the possibilities of hacking and all the other schemes and crypto before doing this. Hence, I commend them for taking a bold move. Stabilization of profit and security enhancement would definitely be on their list to provide a better services for the customers as well as for their company's welfare. They would have a hard time at first figuring out how to make the collaboration of entirely two different things harmonious, but after that, they could earn a lot of profit. They just have to hire an expert in the field of crypto and let them do the work for the betterment of their company  After all, business is business. They have to make things on their favor so that the risk they have decided to take would be worth it. 
2666  Bitcoin / Bitcoin Discussion / Re: Will bitcoin ever get regulated on: November 09, 2021, 11:09:43 AM
This topic have taken the center stage of my thought we have seen how countries around the world are gradually opening the economy to adopt bitcoin and as a result a lot of government policies are already underway to develop a framework that allow regulation of the bitcoin ecosystem which have made me to wonder on this topic. Can a decentralized currency like bitcoin ever get regulated?

It is possible for cryptocurrency to be regulated. Actually, in different countries cryptocurrencies are kind of being regulated already. Some platforms with cryptocurrency intended use are now regulated by their local government to monitor the activities such as deposit and withdrawal of assets to verify whether they are complying with the policies and to check if the users are not doing any illegal activities such as money laundering.

Here in our country, several crypto platforms are regulated by the central organization which means these platforms require undergoing KYC to verify the account. This is done for smooth transaction as well as for the app to be acknowledged and for its operations to be allowable and permissable. In addition, this is another source of tax for the government, in which the state would benefit and the citizens as well (if the funds are spent properly).

Because of the regulation, there are benefits that arise in both parties such as being more widely known and used platform and giving desirable transaction processes. There are also disadvantages such as giving your personal information (for those who aren't comfy with KYC) because some are afraid of identity theft. But it's totally normal. We have to compromise in order to have what we want. It's a balanced situation IMO. After all, regulation doesn't necessarily mean that the decentralized nature will be wiped out entirely. Part of the decentralized aspect would just be altered (such as the anonymity) but the nature of crypto will remain which cannot be controlled nor manipulated.
2667  Bitcoin / Bitcoin Discussion / Re: China is thinking about unbanning bitcoin mining after price rise on: November 09, 2021, 09:52:59 AM
What do bitcointalk’s community and users think and speculate about this latest news development? Would anyone consider that the Chinese government might be recognizing that they have made a mistake and might be ready to unban mining for bitcoin and other cryptocoins?



According to CoinTelegraph, China’s National Development and Reform Commission (CNDRM) is now seeking public opinion on the inclusion of crypto mining in its list of “phased-out” industries, after seeing that the ban helped the U.S. to become the world’s dominant crypto mining nation.

It looked like China’s stance regarding crypto mining was finally cemented with the ban imposed in May this year, after it had been going back and forth on the issue since 2019, but now, they are skeptical after most of the Bitcoin hashing power was relocated from China to other states, helping the U.S. become the leading hashrate provider.


Read in full https://digesttime.com/2021/10/24/china-is-thinking-about-unbanning-bitcoin-and-started-a-new-research/

I don't think this is a credible news to believe in. They have so many claims and assumptions that aren't backed up with enough evidences, which technically says that the content is just a speculation and not a fact. In journalism, claim of fact is important. We should know how to distinguish the claims of the news outlets. Certainly, we should be wary of claim of value and policy that should not be the basis of a news most especially if it targets to inform because it could relay false information to the readers. In this case, I think claim of policy was done in order to release a so-called 'article' for the sake of clicks.

But to focus on the topic, if ever China really have plans to reverse the banning, definitely they thought it was a bad move because bitcoin is still soaring high. Since it is not something to be controlled of, 'maybe' they have made up their mind to just use bitcoin and its mining to their advantage. However, I don't think miners would be enticed to go back because it's so hard to move and act in a space that screams uncertainty. They'll just waste time and effort if ever things go chaotic again. This is just my speculations though.
2668  Bitcoin / Bitcoin Discussion / Re: What if all the money in the world entered the cryptocurrency market? on: November 09, 2021, 09:18:36 AM
This question has been on my mind at this times ..
Will we see the price of Bitcoin at fantastic prices? i'm talking about +1.000.000$ For 1 BTC
And then what will happen to the other currencies (ALTS) ?
Will this be a positive thing for cryptocurrency!
Or is there risks and negative things that will happen in this market?
Because eventually there is a chance that this will happen
I mean If Crypto-currencies win and become one of the foundations of the new economic system.
Not Today , Not Tomorrow ,But this will happen .
Think about it ! It will be a good opportunity if we invest a small amount and leave it to our grandchildren in the future Wink

This scenario will never gonna happen so there's no point in thinking about it. Given that not all people are into crypto. It's really impossible for "all the money in the world" to enter the crypto market. It won't happen in stock market, neither in our community. You're basically waiting for a fish to walk on land. It's futile to ever think about it because it's not going to occur anytime now or in the future. You can't encourage everyone to trust how the crypto market works, the same way you can't control their decision-making, or their tolerance of risk because we don't have the same viewpoint in life.

You do what you want to do and let other people manage their lives and assets. Invest if you can, and let them handle their own finances in life. After all, the world does not only revolve in crypto. There are many other ways to sustain the economic growth and to be financial independent. You just have to have determination an perseverance.
2669  Economy / Gambling discussion / Re: Independent dicing on: November 08, 2021, 03:47:35 PM
I have read online of the term independence dicing but the article did not cover a weather prospect that could build a body of knowledge in that article therefore making the topic void of information so I decided to share the topic here. What is your understanding of independent dice?

I don't know what topic you are referring but one thing I'm sure about dice game. Its result is always independent and can't be affected by the past and future rolls if this topic is pertaining on the result. But if the probably fair system then it really needs the reference article for basis of the content for the sake of discussion. Independent dice topic is pretty rare to see here since dice game mechanics is simple and easy to understand. Application of additional rules on its mechanics is very impossible since it was design for a win-lose game.

I agree.

You only have to look for gambling sites that offers a fair house edge in order to play games that you like. Dice game doesn't need anything asides from luck itself, since it is random generated type of game, unlike poker and other strategic game. Well, if we are going to take it literally, the "Independent dicing", it is really independent since you are alone playing it by yourself, unless you have friends with you coaching you how to outsmart the house.
2670  Other / Off-topic / Re: Do spectators now know better? on: November 08, 2021, 02:52:34 PM
I got your point but here's my opinion.

Spectator's opinion is better in his own perspective because all he does know is the information of player xyz, that's all. Like how they play, how effective they are, how better they are. On the other side, in the coach's perspective, he knows it all, the players condition, information, and when he will use them. In sports, the most important thing is the players physical and emotional condition to win the game, and the coach knows it better since he trains them every single day, and that's the spectator's doesn't know about.
2671  Other / Off-topic / Re: Rumours of Sporting Industry on: November 08, 2021, 01:30:14 PM
If you are wondering like me "wtf is a spring bat", check this video out:

https://www.youtube.com/watch?v=oJb7CHNHKSk



I don't know much about this sport but as I understood, that flexible handle gives the player an enormous advantage over the other players. Is that right?

At least the mistake will be fixed after 18 years. Better than nothing.

I've seen a lot of experiment like this on youtube, I don't remember the channel though. The spring bat has a sensor inside that detects even a smallest impact on it, then that will trigger the spring to hit back the force that made impact. So batters don't need to strongly hit the ball, they just need to swing the bat right at the ball and the spring bat will do the rest. But of course swinging big and hitting the ball at the right spot means the ball will be surely a overkill home run.
2672  Local / Pilipinas / Re: Ano ang dapat isaalang-alang ng gobyerno upang ganap na tanggapin ang BTC? on: November 06, 2021, 05:56:30 PM
Kailangan lang ng Gobyerno maging tapat sa tungkulin, na unahin ang bayan since public servants sila. Kasi aminin man natin o hindi, mostly sa mga government officials is corrupt, so kung ang iisipin nila ay paano macocontrol ang cryptocurrency once na tangkilin nila ito, hindi na agad nila ito i-coconsider since decentralized and untaxable ito. Kaya sobrang labo talaga mangyari ito as of now sa pilipinas.
2673  Local / Pilipinas / Re: pag lalagay ng topic tungkol sa mga crypto sa mga paaralan sa pinas. on: November 06, 2021, 05:16:51 PM
Kelangan ng basic finance topic in general, kesa cryptocurrencies agad. In the first place ang karamihan hindi marunong mag ipon, what more invest. Mas ok ung broader scope muna. Pag dineretso mo sa crypto baka all-in all-in ang mangyayari tapos magrereklamong scam sa social media dahil bumaba ung presyo.

Basic finance -> investing in general -> cryptocurrencies

Mismo kabayan.

Kaya napaka-imposible mangyari nyan dito sa pinas as of now. Kasi yung basic finance is hindi tinuturo unless business related yung program na kukunin mo, what more pa kaya na ituturo yung cryptocurrency to help other filipino when it comes to financial situation. Isa pa, dapat ang magtuturo nito is yung may experience at profitable cryptocurrency trader para matuto kaagad ang mga tuturuan.
2674  Economy / Economics / Re: There are many online jobs out there. Crypto Opportunity. on: November 06, 2021, 04:36:16 PM
Indeed there are so many job opportunities out there and people just have to keep looking and trying to apply. Because of the pandemic, most of the jobs offered are now online. The work set up is often proposed to be a work from home which can be beneficial to both parties (employee and employer) now that we are in the middle of the crisis. These kind of jobs are usually at the employee's advantage given that online jobs require lesser time compared to the traditional ones, and you can control how much time will you spend over a workload. In addition, you can do various tasks in the comfort of your home, without spending on gas or transportation.

Online jobs require knowledge and skills as well which you can acquire and hone. You can start developing your certain skills and talents to be your niche. You can also try to invest or trade as a sideline job while pursuing your niche in the field of freelancing. That way, you can maximize your stream of income. Online jobs and crypto opportunities should be utilized to our advantage so that we could generate more income, most especially now.

Online jobs can be of great help you be financially stable as well as the endless cryptocurrency opportunities online. Criticize and research well if it's worth it, and then engage. Determination and perseverance are the keys to be able to land to one or more of it.
2675  Economy / Trading Discussion / Re: Making profit with a bubble on: November 06, 2021, 03:39:03 PM
The thing is, nobody knows what's gonna happen next in the market, you don't even know if it is really a bubble or not. The recent bullrun and ATH of Bitcoin is very unpredictable as always, you never know when it'll drop or when it will rise up again to make another ATH.
The only thing we could do to make profits is to follow the trend, you don't want to do the opposite because for sure, you're gonna lose your money.
2676  Economy / Trading Discussion / Re: best way to traiding on: November 06, 2021, 03:03:55 PM
These are the topics I've searched in google and youtube when I was just starting trading. I hope these will help:

1. Support and Resistance
2. Types of Candle patterns
3. Indicators for Trading
4. Trend flag ( correct me if I'm wrong, not sure about the right term)

After you've watched tutorials about these things that I've mentioned, you'll have the basic foundation to start trading. The only thing you have to do is to test it out if you get it correctly. Good luck and don't be greedy (in a bad way).
2677  Economy / Gambling discussion / Re: Which one are You ? on: November 06, 2021, 02:10:19 PM
I think I belong to the "Relief and escape gambler" and "Conservative gambler" since whenever I do get bored, I always want to try something different, that could ease my boredom even just for a short period of time. But I never got addicted to gambling, knowing your limits is a must to prevent that to happen. The worst type of gambling you could become is the type of gambler that doesn't eat, bath, or any physical activities because of his addiction.
2678  Economy / Gambling discussion / Re: Country restriction and use of vpn or tor on: November 06, 2021, 05:19:45 AM
Violating their TOS is a serious offense that could lead to either your account getting banned or restriction on withdrawal, meaning, your funds is at risk when you violates their TOS which you don't want to happen if you wanted to happily withdraw your profits on a certain gambling sites, but if you are just experimenting to know what's gonna happen, then I guess it's perfectly fine as long as you're just gonna deposit a very small amount of money.
2679  Economy / Gambling discussion / Re: Going for the Underdog or Not? on: November 05, 2021, 03:28:56 PM
~
it's interesting how many of the principles from trading, investment and risk management can be applied to gambling

you'd never bet all you have on a fight or sports gambling, but betting <1% or even <0.0001% of what you have won't hurt at all and may be a good source of entertainment

That's what I'm saying all the time! Smiley First of all you should have fun with your gambling. Don't want your fun has turned into disaster? Make small bets. And if you are making pretty small bets already, why don't try to bet on the underdog then? Thus if you lose, you lose not that much, but if you win it's significant compared to your bet size. It's always a pleasure to win such bets.


Not only to be a disaster but rather a frustrating and a stressful kind of game which gambling shouldnt really be on this way or like this way because we do

make bets for entertainment but well its unavoidable on not to have those kind of reactions because we do really lost up money which it is understandable

on having those kind of reactions since we are just human beings so those reactions are really pretty normal but not how it should be.

Losing in gambling is only natural and very common, and losing the remaining $10 in gambling is not stressful at all, the really stressful is when you sum up all the money you've lost in gambling and only made profits on your last bet which is smaller compare to your previous bets. It's a very common gambling trap, you'll win at first then you'll lose until it's your last bet. This kind of setup is to attract and to keep the players playing, so they'll think they could gain back their losses by continuously playing gambling.
2680  Economy / Gambling discussion / Re: The Gambling increase due to the pandemic, stats, UK on: November 05, 2021, 01:43:57 PM
Pandemic limits us from a lot of things that we do to entertain ourselves, some of us are still in places where they can't go out because the Government restricted them to do so for health protocols. So as an alternative, people adapted online gambling as a new form of entertainment. People loved it because it's convenient and new to them, however, the risk is just the same of course, so a lot of people still suffer from gambling addiction.
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