Let me not even start with how the so-called experts at Davos are picking it apart. ==> https://fortune.com/2022/05/24/crypto-davos-kristalina-georgieva-christine-lagarde-francois-villeroy-de-galhau-sethaput-suthiwartnarueput/

The collapse of the stablecoin TerraUSD did not help Bitcoin's cause... because they are using that as "red" flag to motivate the FUD that they are spreading.

Most of those people come from the Banking system and the government, so they are anti-Bitcoin from the start... they have to protect the hand that feeds them and they have to have control over the "money" that people use. 

This is from their Terms and Conditions :

"We reserve the right to suspend accounts of non-deposited players that have been inactive for over 50 days" - So you constantly need to use the site or you will lose your account.

"JumboTicket reserves the right to expose big winners for advertising purposes." - Your anonymity is not protected.

" Blacklisted Territories: Netherlands, Dutch Caribbean Islands, Curacao, France, United States, Russian Federation, Ukraine and/or any other restricted by law country or state. Note that it is strictly forbidden to play on JumboTicket’s games in blacklisted countries mentioned above. " - DO NOT access the site from restricted countries, because they will check your KYC info to find an excuse not to payout your winnings. (most sites does this.. they do not require it.... but they ask it when you win big) 

Apart from this.... the site looks good .... 

It has been a while now that I have been watching (FIAT) financial advisors on television being guests on talk shows or Breakfast shows talking down at Bitcoin, whenever they get a chance. This morning another so-called financial expert was invited to a breakfast show and he smashed Bitcoin as an investment option.

Now let's get behind the real reason for this :

1. Those so-called financial advisors (brokers) gets paid a fee to manage other people's money. Why would they promote Bitcoin investment, if people do not need them to trade Bitcoin?

2. They get commission on the financial products that are being sold to their customers. (They get nothing if you buy your own BTC)

3. People do not need "expert" knowledge to invest in Bitcoin. You go to computer... navigate to a local Crypto exchange... open an account online and link the account to your Bank account. Then you wait for the price to drop and you buy some bitcoins.  

4. They are also butt hurt, because Crypto currencies are not regulated to protect them.

5. The percentage that you invest in Bitcoin or Crypto currencies..are not available for them to invest in their investment options.

So, next time when you see those financial advisors on TV bad mouthing Bitcoin, think of the things I mentioned above.

A balanced portfolio should have a mix between "low" / "medium" / "high" risk investments.... and Bitcoin will fall within the "High" risk investment category .... so do not tell people to avoid it, because you cannot make money from them making their own investments.  

https://cointelegraph.com/news/at-8-990-000-gains-bitcoin-dwarfs-all-other-investments-this-decade

“It’s the best-performing asset of the last decade for sure,” said Daniel Polotsky, CEO of CoinFlip, one of the largest bitcoin ATM companies in the U.S.

Say you got into the game when a bitcoin was 10 cents, around October 2010. If you invested $100, you’d have been able to buy about 1,000 bitcoins. <=== $29 610 000 worth at today's value. What will you say in 12 years from now?

How interesting to see that a African country (Nigeria) can take the lead with the acceptance of Bitcoin as a payment option for Petrol & Gas.    (I like the Bling on the Gas station.... it looks like an Arabian Prince's house... )

Please share with us the detail on how this works? Do they pay with legacy Bitcoin or through the Lightning Network or through some 3rd party payment processor?

Nigeria and Kenya were also one of the first countries to use M-Pesa... so they are seen as the pioneers of digital currencies in Africa.  

https://www.moneyweb.co.za/moneyweb-crypto/the-team-that-predicted-terra-lunas-crash-four-months-ago/ - People still think it is a good thing that these people are controlling Alt coins that are questionable?

I honestly think some regulation is needed to eradicate "Pump n Dump" schemes and to manage and control it's impact on Bitcoin when it collapse. You cannot have people dumping Billion's of Dollars worth of bitcoins to protect "Pump n Dump schemes like this. 

I think it is a sub-conscious thing your cerebral cortex does to process the experience. So, we humans are built to experience Anger and frustration and also to process and to absorb shock to our systems.

When you gamble your brain releases dopamine, the feel-good neurotransmitter that makes you feel excited. The brain will also process that feeling to analyze it, because your body are craving for more of that "feel-good" drug. 

So we "re-play" the event to try are replicate the feeling that was associated with it, when we felt it the first time. (or whenever it happens) 

The thing is.... if you disappoint people with the "gaming experience" ... they will not come back to the site. You can gather as much funds as possible from investors, but if the site is bad, you will fail. (Very fast and responsive gaming interface)

The competition is very tough out there, because "Crash" clones have popped out ..all over the Bitcoin scene, after Bustabit had been so successful.

Create something that will stand out from the rest and give the players something new. (Not just a White label copy cat from previous Crash games)  

When a supposed Stablecoin goes down like (USDT) or (BUSD) or (USDC) .... investor confidence takes a huge knock, because investors see Stablecoins as a safer investment option. They know that the other Alt coins are very speculative and the price volatility give them an opportunity to make huge profits.

Now, we saw one of the Stablecoin showing that it is not that stable and possibly not a safe investment option... and that is what is hurting Bitcoin at the moment. (You cannot say a Stablecoin is backed by something stable.... and then have an almost total collapse of the price) 

In this case... the people behind the Stable coin started to dump their bitcoins to show that it was backed by backup reserves, but the confidence was already broken and the over supply of these dumped bitcoins pushed down the price.   

You have to get your priorities in order and then review your investment strategy.

1. Your first priority are to pay your bills (Get a roof over your head and food in your cupboards)
2. Buy the Dip (Do not buy every time you have spare cash .... because you are not buying the dip then)

My strategy is to pay the bills and then to shift the surplus funds into a savings account, to be used to buy bitcoins when there are a dip in the price. (While I wait.. that money also gather a little bit of interest)  

Bitcoin as a investment strategy should not be a wild obsessive buying and hoarding of bitcoins ..whenever surplus funds are available, but rather a calculated strategy to buy low and to sell high.  

It is determined by "Supply" and "Demand" on public Bitcoin Exchanges and other platforms where bitcoins are traded. Then you get websites that will consolidate the prices from different Exchanges ...and they will combine that data to reflect the Bitcoin price at any given time.

An example of that is ==> preev.com ....where they use data from Bitfinex / Bitstamp / Kraken / Localbitcoins to get an average price.  

So there are not one single entity deciding the Bitcoin price... they look at the trading data to determine the price. You can determine your own price, but there has to be someone willing to buy it at your price to make the trade. 

Well, Laszlo actually did come back after a few years and explained his actions. He did not do this to make a big gesture or to make a political statement.. he basically had a small daughter that was crazy about Pizza.... and he wanted to buy the 2 x Pizzas with his bitcoins to see if it can be done, because he wanted to see his daughter rubbing it all over her face.

He never even considered that the price of a Bitcoin will go up to $60 000 per coin.  He thought it was the latest craze and that it will blow over in a few months.

He still says that he does not regret anything that he did and that he got a lot more out of that, than the money it is worth now. (How do you buy the title of being a legend in millions of people's eyes and even a day dedicated to your actions)

Eddie said that the next "Weekly" will be different .....in that people who are betting more on Slots & Sports betting, will be getting 50% more on their Weekly. (It is understandable, because the Return to Player on that is terrible, so they will gain more of the Weekly bonus back, when people participate in those activities)

That said.... I wagered some money on Stake Originals after Saturdays Stream, which is supposed to be at 1% OR 2% house edge, but my loss percentage has been sky high, compared to previous weeks. (So something has changed for me, since Saturday)  

What is your experience on Stake Original games?

The world is in a constant "debt crisis" ..... there are no significant event that will pull us out of that. It is like cooking a crab ....you gradually increase the temperature of the water ....and before you know it, you are cooked. (RIP) 

The small events (Covid / Ukraine War....) are smoke and mirror events to find excuses to "reboot" a dead system. Most government manipulate the interest rates and inflation to gradually increase the temperature of the water. 

Well, yes.... there are some good bonuses on some of these new casinos, but they also have some withdrawal limits or crazy wager requirements built into those bonuses to guarantee that the majority of those bonuses will come back to them. 

I do not dive into a new casino when it is launched, because I am cautious by nature. I will wait a month or two... and I will do proper research, before I deposit my coins into a new casino. 

You are absolutely wrong!

Bitcoin is not an investment option, it was developed by Satoshi Nakamoto to be a currency. A currency must be used for it to have value ..and for it to gain value over time. It is the speculators in Bitcoin that are destroying it, because they pump the price..take profits and then dump it again.

This "Pump n Dump" strategy are causing extreme volatility that are making it almost impossible for people to use it as a Currency. (A currency needs stability)

Stop looking at Bitcoin as a "Commodity" ....and focus on it as being a "Currency" ....and you will get more benefits from it.  

You left out some challenges :

1. Lack of Internet infrastructure - Most of Africa does not have Internet access, because the private companies are not spending the money in the development of 3rd world countries. (When the Internet was running on Copper (ADSL)... cables were stolen for scrap metal ....now companies are installing Fiber and these same people are trying to steal the Fibre, because they think it is valuable) 

2. Corruption : Most companies wants to avoid doing business in Africa, because corruption levels are VERY bad. You have to pay several bribes to get things done. (Bribes to get tenders / bribes to get licenses / bribes to government officials / Paying for protection.... and the list goes on)

I know what I am talking about, because I worked on contract in Africa and I have experienced everything that I mentioned above. 

Guys.... these are small timers...... they hope that their funds will be big enough to cover small wins, but the moment when you want to withdraw bigger amounts, they stall the withdrawals ....because they have to wait for people to lose money, so that they can payout the winnings to you.

If they struggle to payout $200..... you should stay away as far as possible from them. There is basically one big hit between them and bankruptcy and the closure of the site.  

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The same principle applies to the global food crisis as any other business that were influenced by the war or even Covid-19, namely :

Pivoting

A pivot means fundamentally changing the direction of a business when you realize the current products or services aren't meeting the needs.

In World War I&II .... large manufacturing companies pivoted their business models to stay in business. Factories that manufactured cars, started to manufacture vehicles for the army or ammunition for the war.

People should see the possibility in every crisis and they should pivot their business to adapt to the changing needs. (Food and Water should be their main focus now)    

Listen, whoever wants to point a finger at Drake for promoting gambling to children...will have to look at all the good this guy has done over the years. 

https://www.billboard.com/music/rb-hip-hop/drake-philanthropy-timeline-8098822/ - He has done more for children than most of us will ever do for children in our life time.

Also... his audience is much broader than just teens.... so teens is not his focus point for this Stream. People should just start looking at the bigger picture.... and stop focusing on just the negative things. 

Well, people are actually tracking the "Pizza Coins" through Blockchain analysis and they determined that someone bought a house with some of those bitcoins that was linked to the Laszlo coins.

They reckon a lot of the transactions that we are doing now, still contains satoshis that were part of the original 10 000 bitcoins that Laszlo used to pay for the two pizzas.