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2741  Economy / Gambling discussion / Re: betting against the Public, is this strategy working? on: January 15, 2023, 04:49:45 PM
It's not the public who create the odds of a match. Most people just go for the favorite, which is defined by the sportsbook, thinking he is the probable winner.

I can't see difference from "betting against the public strategy" to "betting on the underdog strategy". The public (majority) will be always against the underdog, and it's the duty of a professional gambler who is educated on the sport in question to decide when it's a good moment to play with the public (going for the favorite) or against the public (going for the underdog).
2742  Economy / Economics / Re: It's Simple to understood now cash is king again on: January 15, 2023, 04:41:33 PM
Cash is king because it doesn't demand extra skills and knowledge in order to use it. People from all ages are using it since they were children, while Bitcoin exists only for 14 years, and requires adopters to access electronic devices and internet, plus taking security measures to protect their virtual accounts and funds. Not everyone knows how to do this.

But as we can see cash's rule is weakening. There are people who don't use it anymore, as they use only virtual payment methods, so there is a clear tendency cash isn't going to remain king forever. Technology is evolving, as is the society adopting it in large steps.
2743  Bitcoin / Bitcoin Discussion / Re: Banks do not want bitcoin to become popular on: January 15, 2023, 05:49:41 AM
There are banks and banks. Some are fully against Bitcoin, while others may embrace it, and take advantage of the digital currency. Actually, I don't see a lot of rage from banks against Bitcoin anymore these days, like they used to be years ago. I think things are walking to a mutual path between banks and Bitcoin. They have only to win with BTC investments. So there is no reason they take this rivality ahead.
2744  Economy / Economics / Re: How much longer until paper money is no longer in circulation? on: January 15, 2023, 04:22:02 AM
I guess for the next coming 5 to 10 years because some of the countries are still would like to stick with their currencies having paper money as a mode of payment, not all people can afford having a device for making a payment instead getting suffering of this why not stick with the old way of making a payment, and adopt that kind of thing to the people who can afford to have online payment, if the country does not have a lower status people I guess this kind of thing might immediately adopt as success rate.
it's probably taking more time yet. Right now, there are many people on their 40's and 50's old years who don't dominate electronic devices yet. People who didn't attend to school and only deal with paper money. The older they get, the hardest it's going to be to learn new things, so in 10 years these people will be on their 50-60's years old yet. I guess a paperless society will take 30 years to happen. That is the time until this generation gets too old to deal with money, so a new technology can be widely introduced without prejudice to these people.
2745  Economy / Economics / Re: My investments ahead of the 2024 halving 100% Bitcoin on: January 15, 2023, 02:46:46 AM

To be sincere with you guys, I never give any thought for. Altcoin and as a newbie I have always been all in for bitcoin and I am very vocal about that, I have some friend who always try to convince me to buy some altcoins that they claim to be good and will give 10x profit at any opportunity, but I am not convince due to centralization of most of the altcoins.

It is interesting but investing in Bitcoin alone is the safest investment than risking to new altcoins. However, I understand why your friends encourage you to invest in altcoins because they wanted you to spread your investment for this could help you also to earn more profit but yes, the risk is too high. Considering that you can't take risks more, your decision is right because it was preferred to just invest money that we can afford to lose which I found out that you can't.
As we all know, the anticipated increase would be on 2024. Bitcoin and Ethereum I guess, are the only tokens which would be and could be trusted for holding that long. Well, there are others such as stable coins but profit won't be as promising as with the major coins. Altcoins on the other hand would be giving or generating bigger profit due to its higher rate of increase during a bull trend but it is hard determining which token would be the right choice which creates risk for long term holding. If you're an investor with altcoin preference, this is not the right time to enter for the next anticipated pump. Unless you are willing to trust that much and gamble on your altcoin prospect.
If you aren't confortable taking the risks of altcoins, it's really better that you invest exclusively in bitcoin. That is what I would name a very conservative investment strategy, and probably the best approach in crypto market for those who are newbies or for who doesn't have much money to risk, so their guess must be the right one, and the right one is Bitcoin, without any doubts. Personally, I invest only a small portion of my holdings in altcoins, but I'm also adept of the conservative bitcoin strategy for the biggest part of my holdings. And I also avoid holding fiat as well, since it heavily loses purchasing power, so I'm fully into cryptocurrency.
2746  Alternate cryptocurrencies / Altcoin Discussion / Re: is investing in ethereum safe? on: January 15, 2023, 01:43:10 AM
: does ethereum have a good future?
Yes, it's the top 2 cryptocurrency of the market for a long time already. It has passed through time's proof.

: is it not wrong if I choose to invest in ethereum?
No, lol.

: what is the drawback of ethereum?
It's a centralized cryptocurrency.

: why is ethereum the no. 1 ALTCOIN?
Because many developers run their own projects in Ethereum's chain. Most altcoins you see around are tokens which use ETH's network to operate and to be transacted.
2747  Economy / Gambling discussion / Re: Best Times when I visit casinos Versus When I don't on: January 15, 2023, 01:23:48 AM


-

2) Unhappy/ Over happy
When I am overly happy or unhappy, I avoid visiting an online casino. When I am really happy, I might over bet because my emotions might have impaired my judgment. Whenever I'm sad, the same thing applies.

-
isn't it when you're happy you can control your emotions better?
because several times when I feel happy and start betting on gambling, that's when my luck is present within me. because when I'm happy I don't have any burdens on my mind and whatever happens, whether it's defeat or victory, it won't make a problem at that moment.
and several times I have had better luck betting when my heart is happy

Not entirely true, because everyone has a different level of emotion when they are happy and very happy. OP said that being too happy will also affect gambling because we won't be too focused while in the game. excess is not good and will have a negative impact. when you bet in a happy mood maybe it's only to the extent of your own satisfaction and you don't have any burdens.

The main reason why people want to gamble is that they have extra money to make a bet, and the extra money will not be a burden when it is lost and you don't make a profit. To gamble safely and comfortably, you have to think about many things so you don't get caught in an unprofitable situation and don't lose a lot of money, everything really has to be taken into account.
Maybe it also has something to do with excess of confidence, overconfidence. So when the person is very happy, he will be more excited feeling he can do things he would think more carefully before executing if he were on his normal, neutral mood. The effects of being extremely happy could be compared to the effects of being alcoholic, for an example.
2748  Economy / Economics / Re: Americans are once again quitting their jobs at a growing rate on: January 15, 2023, 12:56:55 AM
People will adapt to become more like atilla the hun or genghis khan. Or is a shift towards nomadic lifestyles, no longer as easy as it once was. Nature and the wild no longer being able to offer as much in terms of potable water or foragable sustenance.
I just hope people don't start raiding, pillaging, burning, torturing and murdering like the barbarians of the old days. Cheesy

While I see some people from big centers looking for a peaceful fresh new lifestyle on the wilderness, I don't know the percentage those people correspond on the bigger picture. As I observe these are older people who are on their 50's and 60's. The youngs still prefer the urban lifestyle and wouldn't stand the simplicity, challenges and difficulties of the daily life in countryside areas.

These people in US must be quitting their jobs because there is a promise of something better they can start working with, as the american economy is already showing signs of recovery against inflation.
2749  Economy / Gambling discussion / Re: Miss Universe 2023 betting. on: January 15, 2023, 12:12:19 AM
Hi guys, Miss universe 2023 will be tomorrow in my timezone. I'd like to ask if you know what bookies are offering the betting odds.

I have already searched from all the bookies I'm using but no betting odds are offered.

Let met know, and what's your prediction? maybe I can follow.
It seems some platforms offered Miss Universe bets on previous years, but not in 2023. I guess there wasn't demand from gamblers for this betting category, so they must have simply removed it.

I actually found a website with 5 alternatives of gambling platforms where you could bet on Miss Universe 2023, although I checked two fo them which accept Bitcoin deposits and found nothing related to this event. If you want to see if you can find: https://www.gamblingsites.org/gambling/entertainment/miss-universe/

The 22bet sportsbook is on that list and looks the most complete one. There are many different events to bet on, but I really didn't find Miss Universe there. Maybe you can try looking if I missed something: https://22bet.com/
2750  Bitcoin / Bitcoin Discussion / Re: Bitcoin Yearly Trend on: January 14, 2023, 11:35:40 PM
As I have already commented in other threads on the subject:

1) Most likely we will end this year positive, but it doesn't have to be very positive, just finishing the year at $20k would be a positive return over last year's close.
Exactly. If we started the year with bitcoin pricing 16,000$ and we end the year with bitcoin pricing 16,001$ it will be already considered a positive year, accordingly to the image posted by OP. So I guess a better measuring tool would be to check how much bitcoin has fluctuated in each time period in percents. Although history doesn't repeat itself, there might be some similarities, especially regards the halving which has always been a very positive moment along bitcoin's history, so it might give us some insights of what could happen next.
2751  Alternate cryptocurrencies / Altcoin Discussion / Re: New Scam Alert - Address Poisoining on: January 14, 2023, 10:44:12 PM
A thorough explanation of Address Poisoning can be seen on What are Address Poisoning Scams?

Based on the explanation over the thread, the attack was initially known in November of 2022. Firstly, it initiated by the scammer with sending a small amount of tokens and then cames the zero token transaction scam.

And this could be related to this, What is Clipboard Hijacker?.

Clipboard hijacking is rooted in the user's infiltrated device. But with this type of scam, the users did have any malware and the scammer does not have access to the user's device, it happened solely due to how the wallet operated--the user behaviour and the smart contract accepting 0 tx.
Thanks for the explanation because on the surface both attacks seems similar to the untrained eye but it seems they are different in their nature, fortunately for me since I have been aware that clipboard hijacking has been a thing I check every single character of the address I wish to send a payment, fortunately I have never been a victim of this but that is not a reason to lower my guard as who knows when it could happen and I could lose some of holdings because of it.

It is completely different, clipboard hijacking changes the address fully, but on address poisoning, it did not technically change any address. This specific scam, the scammer makes use of user behaviour when they are using a wallet. Most of them copy an address from the last transaction from their wallet, which in turn, this is the part where the scammers get in.

Do also note that there is also a web extension malware who are similar to clipboard hijacking but the displayed address is not changed visually but within. So, the displayed address is kept but when the user clicks the action either withdraw or anything, the address that is actually being sent is changed.
It has to change at least one character of the address. It could be a letter or number. Scammers can forge almost identical addresses, but not exactly ones. The point is that they rely on the fact Metamask displays only the summed up version of the address, so not everyone checks it completely, especially the characters of the middle.

To avoid being scammed, better to only copy addresses from valid transactions or from a saved notepad file, instead of going for the most recent transactions' history on Metamask.
2752  Economy / Gambling discussion / Re: How do you calculate house edge...? on: January 14, 2023, 09:44:35 PM
The casino has to provide what is the value of the house edge for their table games, like dice, roulette, plinko, mines, crash... I would contact support if I couldn't find this information anywhere.

Slots, on the other hand, are provided by third party companies, so you have to search for the RTP (return to player) percentage of each of them. So you deduct the RTP value from 100 and reach the house edge result. Example: RTP is 98,5%, so 100 - 98,5 = 1,5% house edge.
2753  Alternate cryptocurrencies / Speculation (Altcoins) / Re: BTC or altcoin on: January 14, 2023, 09:13:44 PM
there's reason why so many big investment firm and companies are having their big share of investments in btc and not in alts because they know it's relatively safe investment and could still gives good ROI.
the thing is, with alts even though sometimes the ROI is indeed multiple folds of btc, but it also carries risk, you could judge if you happened to hold coins like luna and ftt i'm sure by now you're already broke but if you hold btc its just losing some fraction of its value.
while it is safer for Bitcoin to be the choice yet? altcoin shows bigger opportunity for short term investing But the problem is which to choose and how long will it take?
there are several occassion that  I do the same strategy buying bitcoin but also buying altcoins for other option.
and  this is what have been called diversification .
Indeed, when talking about short-term investments, of course altcoins are still a reasonable choice,
make sure we need to do research before determining which altcoin we invest in,
occasionally it is important to carry out a diversification strategy.
completely wrong , Diversification does not have to be occasionally but each time mate , we must have many coin that single investment and this has been proven for how many years now? though determining the coins to keep hold  is the harder part but diversifying is what investors in our time now must have and trust me you will also love having those in daily basis.
In crypto it doesn't make much difference diversifying the portfolio among different currencies, because all of them are affected by bitcoin's fluctations after all. If btc pumps, altcoins also pump and if bitcoin dumps, altcoins simply dump as well. A diversified crypto portfolio would be interesting if altcoins had independent life. The only advantage of holding different cryptocurrencies is that one of them might present superior percentage appreciation, so you are highly benefited if you hold a decent number of those tokens. But that is a kind of lottery anyway.
2754  Alternate cryptocurrencies / Altcoin Discussion / Re: why most of airdrops don't pay participants with tokens in these days?? on: January 14, 2023, 08:54:27 PM
Bounty campaigns and airdrops have been problematic since a long time ago. To avoid getting scammed by those campaigns, adopt some safety measures:

Only promote projects paying in stablecoins or reliable cryptocurrencies, make sure the money to pay participants really exist (campaign manager has to show address containing the funds), look for campaigns managed by reputable members. These three steps must keep you away from scams and from wasting your time for nothing.
2755  Economy / Trading Discussion / Re: My business currency on: January 14, 2023, 08:09:43 PM
I don't know where you live, but for sure you can try to accept Bitcoin in your business. Maybe after a month, you should came back and give an update about your business, compare the profit between people who pay you with Bitcoin and fiat, so we will know does everyone are prefer to use Bitcoin or fiat to pay in real life. Because not all people want to reveal themselves if they're Bitcoin enthusiasts.

You don't even need to test it. It's pretty much 99.9999% guaranteed that fiat will be the winner. And it's definitely not because of people not wanting to affiliate themselves with Bitcoin — it's simply just the fact that most people simply prefer a stable currency.
Maybe people could adopt crypto stablecoins, then? Although they probably think their governments are more reliable than centralized third party companies issuing a digital currency pegged to dollar, which can fail and scam everyone at anytime. On the other hand, if there were trust, it would be a decent solution against the devaluing native currencies of most poor countries which can't give stability to citizens' lives.
2756  Other / Beginners & Help / Re: Call centres selling fake crypto taken down in Bulgaria, Serbia and Cyprus on: January 14, 2023, 07:52:02 PM
These aren't ponzi schemes at all, as they are literally scamming people out of their own money. Most probably they promise some sort of already existing crypto like bitcoin for instance, in exchange for real life pesos but when things start rolling they don't give the people their due crypto, because they don't have it in them. These people most likely have connections and possible ponds to fish in which would be very integral as these are the literal things that empower such scammers. Once the authorities get a hold of this list, they won't have control anymore.
It looks a ponzi to me:

Quote
The suspects used advertisements on social networks to lure victims to websites covertly operated by the criminals, which offered seemingly exceptional investment opportunities in cryptocurrencies. The victims, mainly from Germany, would first invest low, three-digit sums. Fake price hikes leading to supposedly lucrative profits for investors then persuaded them to make transfers of higher amounts.

When the depositor sends them 3 digits money, he is paid back. That is the bait, so he feels encouraged to deposit larger sums of money, but when he does it, the scammers don't pay him anymore. And to keep the scheme working scammers must use the money they earned with the first victim to pay the second initial investment, and so on... That is what I understood about the method applied by the thieves.
2757  Other / Beginners & Help / Re: Call centres selling fake crypto taken down in Bulgaria, Serbia and Cyprus on: January 14, 2023, 07:05:05 PM
These must be the well known ponzi schemes we usually see being promoted on the internet, where they promise you can earn huge interest in short periods of time. I thought these schemes weren't popular anymore, after so many people losing lots of bitcoins years ago, but it seems europeans aren't aware about the risks of depositing in such platforms, as they have lost 2$ million euros to those scammers. Glad the scammers were tracked and found. On the contrary of what they imagine, crypto environment isn't a lawless land, at least on these cases... If they had regularized their ponzi business, they could end like Celsius, with the justice by their side legitimizing the theft. Tongue

How contradictory and hypocrite authorities are...

(do I understand correctly they inform about the action one year after, or someone made a mistake with a date? publication date is Jan 12th 2023)
Probably it was a mistake when typing.
2758  Economy / Economics / Re: Does a side job/business improve your finanical stability ? on: January 14, 2023, 06:42:37 PM
To make a living, we must work. In uncertain days like now facing the global economic downturn, a stable job with high income becomes a scarcity. A side job or business seems like more necessary than ever, which can minimize the risks of losing your current job, ending up pennyless. However, a side job/business also takes time and efforts and can never be attained whenever we need it. What did you do or will you do in order to ensure your finanical stability despite all unfavorable circumstances ?

A side job, or side hustle as some people call it, is essential in today's world. Working for the government or for a private company is not worth fully relying on, especially if you have a large family and people who rely on you for a living. You may lose your job in the private sector without explanation, but it is preferable to work in the public sector due to job security, even if the pay may not fully meet your needs.

Diversifying into a business to make extra money is critical because it will fill in the gaps that your employer's pay cannot. In a state where you are mostly preoccupied with your work, it is preferable to start a less stressful business. Working online, in my opinion, is preferable because most of this type of work can be done at your leisure. That way, you won't miss out on your initial job while still having time to work online at your leisure.
Every extra income makes total difference nowadays. It can be a wage or half wage every month, doesn't matter, it's definitely going to be a life changer for most people. It means a educational course you were willing to do, but didn't money to pay for it, or the subscription of a service aiming your welfare, leisure or health, it can mean extra food on your table every month, the acquisition of goods for your house, the rent payment or a DCA investment. It's not that easy to find hustle jobs, though, as there are many people attempting to apply for the same spots, and there are some even fully living from side jobs' income.
2759  Economy / Gambling / Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest on: January 14, 2023, 06:13:02 PM
As we expected, as Bitcoin's price climbs up, FUN token's price falls when compared to BTC, although its price is also rising compared to dollar currency. Today FUN is 34 satoshis, and if the market continues progressing this way, it's likely we are going to see FUN for less than 30 satoshis each. We still have to see where is Bitcoin's roof will be at this time, but what I can say is that once BTC hits its resistance level for now, it must be a good time to acquire FUN for the cheapest possible price, so you can profit by selling it later, once Bitcoin crashes to a previous support level.

However, there is no assurance it will happen, because Bitcoin might be in a continuous route towards a next solid and stable price range, or even a bull run!
Of course, if you bought FUN with bitcoin before, the price might seem to go down because the bitcoin rate increased, so the FUN price also decreased on the BTC pair, fortunately I bought FUN with fiat currency so I'm still profitable because the price increased on the USDT exchange, actually didn't think about the price also I'm more happy with the facilities as a premium member

Now the price of FUN with FIAT shows an 8% increase which is normal considering the recovery of the cryptocurrencies in general following the king,Bitcoin.So I think smart persons bought when it was 0.006-0.0065 as you can buy about more than 3000 of them with just 20 dollars and I think this is worthy to do because I think things are looking great right now for 2023.

Lots of opportunities arise when the prices of cryptocurrencies shows recovery so now is the right time to buy with Bitcoin,as you can buy more with the same amount because FUN is 34 Satoshi from 37-38 while it is better to buy with FIAT when price increases in Bitcoin.

@uneng I have said this before and I’ll repeat it i.e. one should not see FUN token value for the short term, rather they should keep it for 1 - 3+ year’s at least and then probably expect a solid ROI from it because team Freebitco is working very hard to promote it. Furthermore even if it drops apply the golden rule i.e. buy on the dips and never sell when prices drop, and those who’re applying this rule I’m certain that they’ll probably see good returns in the long run.
To say the truth I'm mainly holding FUN because it also impacts BTC investment with extra interest. The staking or locking FUN program is great, but I fear there is too much supply going to be dropped in the market on the following years, as investors are paid 25% APY. Total supply of FUN is huge: 11 billion, so there are lots of tokens to be traded, and might not be enough demand to keep the prices interesting.

But I hope you are right and a solid ROI can be reached in 3 years more or less! I could have already finished my investment profiting 6 satoshis on each token, from a total of 487,000 FUN, plus the profit made through extra BTC interest and FUN staking, which would probably totalize something around 130% ROI in less than 6 months. However, I decided to take the investment till the end and see what happens...
2760  Bitcoin / Bitcoin Discussion / Re: Bitcoin AI Generated Images on: January 14, 2023, 05:37:01 PM
Like it or not AI is getting smarter day by day, maybe we are gonna doomed by the AI like some movies said Cheesy But it is good pictures to can be wallpaper on a phone or computer, are those really generated 100% by AI
Well lets see how long it will take for an AI to take on the bitcoin cryptography. If it is possible to find private keys, then yes we actually will be doomed!
That is what people say about the risk of quantum computers for bitcoin.

I believe all hackers would have to do is to discover the 12 secret words, and their respective sequence, from 2048 available words.

However, it must be a very powerful and fast program to find the correct solution in an acceptable time period, as there is an insane number of different possible combinations. At some point AIs might become a threat on this matter, but I guess it's too far from happening yet.
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