In luck-based gambling, you don't need to rely a lot on thinking hard. In contrast to playing poker it will be quite draining the mind. And the skills required also encourage gamblers to be proficient in mastering cards and tricks that may still be relevant. While the rest of gambling is only about how much luck a person has from time to time.
Well indeed, compared to poker or other skill-based games certainly luck based games would be more simpler and less tiring. Therefore for some individuals that kinda impatientence like me would prefer the second option and rarely play the first one. At the end it is a matter of preferences, some people like the idea of getting an edge over the casino and other players and they want to play games in which their skill can impact the result of the game, however there are some other people that like the opposite, they just want to relax and enjoy their time at the casino without having to worry about things like that, in such a case then games that are completely random are a better fit for those kind of players. What I've noticed is that people generally get more realistic the older they get. Young people definitely have more time to mess about and repeat the same mistakes (at least when it comes to gambling) without learning from them. However most gambling, unless you're playing a genuine skill based game, is tilted towards the casino winning. It is only through many years of experience, and learning how the world works that people truly understand - however there will be some people that will never learn and carry on being reckless until they die. Casinos can also go to great lengths to disguise their advantage, such as offering 3-card poker games which is nothing like a 5 card game of Texas Poker. |
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Hi everyone, it's been awhile, just wanted to tell you that I still haven't sold a bit of BTC since 2013... if I can do it you can do it too!
Some of you may say it's a dumb decision or risky, but I'm all for BTC and positive about it. To the Moon!
It seems to me that you either A) Don't have a big holding of Bitcoin or B) You have a privileged enough lifestyle that your Bitcoin holdings are relatively insignificant within your overall asset portfolio. You certainly passed up on the opportunity to sell at all time high, or even in the $50-60k range which held for quite some time. If Bitcoin did make up a bit portion of your wealth, which is highly unlikely considering your flippant approach, then you have wasted a lot of opportunity. Diversification is a solid strategy and what the richest people in the world do to maintain their wealth levels. Periodic rebalancing and taking sensible profits while the opportunities are their make a good invester, rather than someone bragging that they left a lot of money on the table. |
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Russia has been the prevalent nation during the USSR in their area of influence. After the USSR became a number of republics, Russia has tried to keep hold of the relations and, above all, the strategic stance of the most strategic new territories surrounding them. It has clearly failed to hold Latvia, Lithuania and Estonia, achieved a success, if you can call a totalitarian regime a success in Belarus and now has no intention to allow any flirting of Ukraine with the West.
There is one principle to war in economic terms: Wars are costly and they need to make profit or deliver great strategic benefits. Russia may not be able to pay the price nor extract the economic benefit or a prolonged occupation of large parts of Ukraine and may not be able to pay the cost of installing a government hated by the locals.
If Russia had a desirable governmental and economic structure then this would not even be an issue. The very fact that they can only keep association with countries by force or by supporting a local dictator makes it quite clear the sort of cronyism and corrupt system of government Putin is leading. Russia as the largest country in the world, with some extremely intelligent people, has the potential to be so much more - but it is forever stunted by the erosion (or effective destruction) of any independent institutions or continuity. It has been kept this way, where power is centralized, to benefit a very few people who were in the right positions to grab power. A war in Ukraine will in no way make Russia a more appealing partner and just cements to bullying nature. However we are at the whims of an aging authoritarian leader who manipulates empty patriotism and is trying to recreate some sort of nostalgic past in order to distract from the fact that he has done little to progress Russia in the last 20 years he held power. Here's a graph of Putin's approval ratings: https://www.statista.com/statistics/896181/putin-approval-rating-russia/Note around 2014 the spike - that was related to the invasion and annexation of Crimea. Many people would die in a war, all because he feels unpopular. |
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The game of football is one of the most celebrated and loved sports around the world and most countries have an official football team, which gives the game legal backing because the government and competition organizers make a huge budget for these games. But what baffles me is football is the highest gambling around the world but yet it is seen as legal meanwhile gambling is illegal in some of those countries and I can't stop to wonder what an irony this has become.
What is gambling?
According to Wikipedia:
This makes more points clearer or am I missing something?
You're missing everything and it is a garbage comparison. Football itself is a competition between two teams, often participating in a larger league, to determine through physical power and skillful teamwork who is the better side. Football is a sport, built around athleticism and it would still exist even if all gambling was magically removed from the world tomorrow. You're trying to insinuate that football requires sports betting, when it is exactly the other way around - sports betting can only exist because sports exist. Nobody who is sane is going to outlaw physical activities which help to keep people fit and healthy, but gambling arguably does little to benefit society. |
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Recently I have started to gamble with crypto, and other coins. Looking to speak with anyone who has had similar experiences. I find it much more effective than gambling with fiat. Let’s use this thread to discuss pros/cons and how us users can improve it!
Thanks!
Well, If you're a fan of anonymity and you hate linking your credit card, debit card, or your PayPal account and other financial account, then I guess crypto casino and sports betting is good for you. I can't think of anything that's more advantageous than this in Cryptocurrency compared to fiat betting. You only need to be careful and read the company TOS to avoid your funds from getting compromised. There are also lots of nuances that come into play that crypto can help get around - you mentioned credit cards, but this form of funding on gambling sites is often prohibited now, but you might be able to buy crypto using one instead. One of the major disadvantages of these crypto casinos is that they are often cloaked in anonymity, which can be a big problem if anything goes wrong and it is more likely to go wrong if the owners have less chance of facing criminal responsibility. You'd be surprised how easy it is to chain together these offshore companies, supposedly regulated, if you have enough cash to pay for the right services - you'd more likely to catch a ghost than uncover the real owners behind these layers of secrecy. |
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For example, several people have no money, but want to play a few games of mahjong, and then make an appointment for a card of poker to represent one dollar. Poker then generates a dollar value. The value it carries at the moment is the mutual promise of several people, and its function is to calculate the quantity.
In today's digital age, the immutable properties of the Bitcoin database accurately carry the mutual promises of Bitcoin holders, which can quickly calculate the quantity and transfer each other.
As a final note, Bitcoin is hard to come by, and if 21 million people buy one each, they will never be able to buy it again.
Bitcoin is valuable because it has shown, thanks to the underlying blockchain, that a decentralized digital currency is possible. As long as there are enough independent "watchers" of the blockchain system then there is an inbuilt protection against attacks on the integrity of the blockchain, making it a global system based on transparency. That leads to another point - there is no artificial injection of unknown funds into the system, because every coin is traceable and this in another corruption reducing benefit. The last reason I'd give is the fact that lots of greedy banks and financial institutions around the world charge excessive fees just because they can, or were traditionally able to get away with it, so anything that can cut them out of the equation can create huge savings for the end users. |
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This sounds like a parody piece but as far as I know its 100% real. Still the question can be asked: "should NFTs be considered real art"? Years ago, someone took a crucifix of Jesus and submerged it in a container of their own urine: Immersion (Piss Christ) is a 1987 photograph by the American artist and photographer Andres Serrano. It depicts a small plastic crucifix submerged in a small glass tank of the artist's urine. The piece was a winner of the Southeastern Center for Contemporary Art's "Awards in the Visual Arts" competition,[1] which was sponsored in part by the National Endowment for the Arts, a United States Government agency that offers support and funding for artistic projects. The work generated a large amount of controversy based on assertions that it was blasphemous. Serrano himself said of the controversy: "I had no idea Piss Christ would get the attention it did, since I meant neither blasphemy nor offense by it. I've been a Catholic all my life, so I am a follower of Christ."[2] https://en.wikipedia.org/wiki/Piss_ChristA photograph of said crucifix suspended in human pee won at least 1 award on artistic merit. If that is award winning art, then it makes the case harder for why NFTs should not be considered art, I think. To me it seems like NFT's are simply a storage medium - like a hard drive or a canvas, so in that regard it might seem sensible. However it all seems like a storm in a teacup, because they're not arguing over anything worthwhile and this seems like news generated to make clickbait headlines. Wikipedia is definitely in the business of classification, so presumably have put a long, hard and reasoned discussion behind this choice. Much like NFT's though, the average person will never have any interest in whether they are classed as art or not, so let's hope they do not waste too much time on these inconsequential decisions. The editors of wikipedia are also pretty flexible, so when a new batch comes in or a majority decides otherwise, maybe it can be reclassified in future. |
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There are hundreds of crypro gambling houses and most of them are having same house edge, same type of games and UI. Still, most gambling houses are having their own players who may play many other places too but never forget to visit their favorite places. What are the things finalize your favorite house.
It would be too good if you mention your favorite houses along with what makes that place your favorite for one particular way of gambling (assuming you might have multiple favorites for different gambling purposes).
These things may help you to recall your criteria (just explanatory purposes as your own reason may not be listed):
Your input will be studied and may be used for enhancement of a gambling house (please do not expect any reward for that). Hope your contribution will be useful to all the gambling houses as well for improving themselves to serve this wonderful crypto-gambling community better.
There's a few things that draw me back to certain sites really. 1) Freebies are always nice, I've once hit a pretty decent prize (around $150) for just playing one of these games and it's just clicking a button each day, I've made hundreds from these games over the years - as long as you don't just feed it right back to them. 2) Convenience is a good thing, I much prefer sites that make it easy and fast to deposit/withdraw, don't want stuff pending in any stage for 3-5 business days, it's a real turn off. 3) There are small but significant differences in odds between the few betting sites I use, you can tell which sites are either poor at setting odds or overly greedy with the profit margins. |
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We know that El Salvador was the first country to make bitcoin legal tender in their country. And he's doing all of this while the price of bitcoin is rising. And they continue to notify us about their new investment in bitcoin. How much bitcoin did they buy, and when did they buy it? How much did they spend on the average price of a bitcoin? Because of the recent massive drop in bitcoin, I assumed that this bitcoin drop had put them in debt. If this dump continues for some more weeks, then it might be problematic for the El Salvador government. Because the opposition party has something to blame them for any kind of debt. And because of the economy, stocks and fiat investors also have something to say against Bitocin. If this happens, then other countries will be really confused about making bitcoin legal tender. To make it legal tender, they might study the case of El Salvador.
It's just my speculation. What do you think about my speculation? I really appreciate your opinion.
It makes me wonder if you are confused about the definition of debt, at least in the context you have given. There is no debt with Bitcoin. Most countries are in debt regardless of cryptocurrency however because it is far more comfortable to spend money than it is to make money. Every country has a balance of imports versus exports, if they import a lot more than they export, then you will generally see them building up external debt over time. America is the most indebted country in the world, because others are willing to lend them money because they have always paid back their bonds and it is a stable, productive country. El Salvador may have borrowed money to buy the initial seed of Bitcoin or they might have had a surplus pot which meant no extra funding was involved at all. Do not assume that because something is paid up front, that it must involve debt. |
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As we know that Gambling offers players the chance to pocket a lot of money, but it can also lead to significant monetary losses (which we all had). Even though I'm new to this forum, but I want to share a little experience related to gambling on various online sites. While you may hear it often, here's a snippet:
1. Know when is the right time to stop playing.
2. Set limits and monitor your money.
3. Safeguard your budget.
The best gamblers I know are constantly vigilant and always evaluate the balance between losses and gains.
And The best advice I could give to someone who wants to start gambling is probably to never start gambling to win. It's definitely the worst approach that in the long run leads to the financial ruin of any novice gambler.
The only responsible gambler is one who knows that the odds are against them in most casino games and in the long run they will lose all their money. They may have a small amount budgeted for fun money, but even that could probably be put to better uses if they want a more comfy retirement later in life. A gambler is naturally thinking about the short term, the possibilities of getting super rich without having to do much work, but you have more chance of being struck by lightening that being able to pull that off. If you want to learn a useful skill, go for a game where you can define whether you are intelligent enough to beat other players - like poker or chess, which could turn into a productive income over time. |
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We recently saw the USA is thinking about another sanction to Russia. We know this will take a negative impact on Russia's economy. But what if Russia ally like a chain, Iran and other countries stop accepting US dollars for import and export goods from other countries. We all know China has one of the biggest markets in the world and in 2020 USA imported $434.7 billion worth of goods from China. So what will happen if the Anti-USA countries agreed to this and stop accepting us dollars. Actually, I want to know is it possible for them to do that? What is your opinion about it?
It's bad for the whole world when these little kingdoms start appearing - it only benefits a few "elites" sat at the top. Russia has an economy which is a similar size to Italy, which is strange for the largest country in the world by land mass, it shows the sheer incompetence of the leadership that they would rather bully neighbors and run their little oligarchies while the average Russian lives a tough life. Iran is a very beautiful country and it's a shame that Israel holds so much sway over America and that they both feel the need to be enemies, however it is even more economically stunted because of decades of sanctions. China is already allies of convenience with Russia, but would switch that in a second if it benefits them, as they got rich by selling to other developed countries and that is where they make the most money - they'll definitely take Russian resources however. |
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Recently I have started to gamble with crypto, and other coins. Looking to speak with anyone who has had similar experiences. I find it much more effective than gambling with fiat. Let’s use this thread to discuss pros/cons and how us users can improve it!
Thanks!
What do you mean by finding it much more effective than fiat? They both achieve the same end result and odds are pretty much identical between the sportbooks whichever you're using. Unless you already have spare crypto then it's a bit of an inconvenience and probably more expensive to use crypto after the transfer fees are taken into account. Not to mention any charges that an exchange might cost you to buy crypto in the first place - for new users to this it doesn't make much sense if they want to maximize earnings. It's always nice making use of the free bet offers that different crypto sites have going, but besides that I don't see any positives. |
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A bitcoin user lost more than 26 BTC worth $1.14 million to online thieves posing as MicroStrategy chief executive officer Michael Saylor.
Whale Alert stated, "this scam received the single largest payment ever to a fake giveaway."
Saylor said he reports the scammers to YouTube every 15 minutes, and they are pulled down hours later, but the criminals are relentless. https://beincrypto.com/bitcoin-user-loses-record-1-1m-scam-michael-saylor-giveaway/Another ironic story. For me, it looks exactly like this. A person who owns 26 BTC falls for the bait of scammers who, allegedly on behalf of Michael Saylor, promise to double his capital. Maybe I'm too skeptical. Having a decent capital in bitcoins, it would be worth checking the information on several channels than throwing away bitcoins, counting on increasing your capital. While those 26 BTC may not have been the last in his portfolio, and for the owner is not a big loss.  I wonder what sort of promises this person was given and how much they were promised in order to lure them into sending that money. Unless they somehow intercepted internal communications, this person was probably being exceptionally greedy and should have verified the transfer by at least 2 other methods before sending. I'd expect to at least visit their offices in person and get verifiable contracts in place. Besides that though, it feels like Youtube is too often helping these scammers - they long ago abandoned staff driven moderation and it appears their automated systems are getting defeated by scammers all the time, which is how they are able to snag so many victims in the first place. Until Alphabet, Google and Youtube start paying for these crimes - in fines and if necessary jail time for executives - committed via their services it is unlikely to stop. They are making billions in profits but do not put proper safety systems in place. |
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^ Definitely right, it seems like a very strict moderator which is not right, if that is the case, they should stop the rain from the chatroom since we all know that it could be abused and which criteria they will determine those abusers.
My advice is, provide strong evidence and what the cause of shady behavior that OP meant. It is nothing or does not make any sense if you don't have evidence even we know that this gambling casino doing shady behavior a long time ago and how did you get involved in that casino if you know they have shady behavior from the start.
Even if the OP provides us with solid evidence, what difference it will make to the duckdice. Their rating on the trust pilot is 2.3 which is very poor. In such cases, i would rather ask the OP why would he is so willing to play on the casino which does not have a good rating. Why not play at trusted casinos ? There is no shortage of good casinos. Well to be clear not just in Trust Pilot but also here in our precious forum that their OP was being tagged by several DT's for years now because of their shady behavior and their scam accusations Their ANN Thread even a "Self Moderated" in which sign that they are hiding something and don't wanna let cases to be filed in their front . These are some pretty clear indicators of bad behavior by the Duckdice staff, they look like a similar calibre to the infamous 1xbit scammers around here. It's a shame people don't do more research, especially among all the threads going on here, to find out these simple indicators (the trust system here is rather effective and spam free) before handing money over to such companies. I can only guess that these gambling companies are advertising anywhere their reputation will not be questioned and baiting people in via a smooth looking website. They probably have lots of dazzling promotions and special offers on, that actually turn out to be worthless if you ever try to withdraw funds from them. |
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If you keep up with world news, you know there are some serious tensions between Russia and Ukraine.
Russia has shown several acts of aggression towards the people of Ukraine. Most notably the cyberattacks on Ukraine's power grid. Many think this was just a "practice run" aimed at perfecting these kinds of attacks for when they want to do some real damage.
In response to Russia's more recent actions, the United States proposed cutting Russia off from the SWIFT banking system should they mount any type of invasion on Ukraine. This would be detrimental to Russian businesses and consumers alike.
Assuming Russia has no intentions of invading Ukraine, there isn't really much to talk about. But what happens if they do?
Would it be political suicide? Would they develop their own banking/payment system? Would they look to an open-source monetary network?
I can't see Russia putting itself in a position to collapse its own economy. However, I also can't see Russia not harassing Ukraine.
Would our decentralized ledger be able to aid Russia in the event they are unable to use SWIFT?
There actually seems to be some backtracking on this threat and it could end up backfiring in the long run as well. If you cut off all Russian consumers and the Russian government away from the SWIFT system, you force them to implement another system - which plays right into Putin's hands. He is already super comfy and doesn't particularly care how this would damage the average Russian because he is able to effectively crush dissent at the moment and this sort of ban would give him more power over local transactions. You can also bet that the American controlled system is able to extract a lot of useful information from the billions of transactions that take place in this system every year, which might become unavailable if it was on another network. |
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I know this question would have been asked many times already but I feel I have a serious gambling addiction problem which I need to solve...
I have been doing betting in sports since 7 to 8 years and I already in my life I have got into huge huge troubles due to gambling. Even I tell you I lost all my father's life time earnings in gambling. I lost close to 120000 USD money which is huge huge..now I think I could have done a big business with those funds in my country. One year ago my family got to know about it. I faced many many problem which I will not tell one by one.
I really faced hard time since last one year. But this one year I worked hard .. I learn some skills..I learnt web design.. Digital marketing some different skills..I earn some regular money now by myself..not much but I earn..
But now still I am not able to control and again I started loosing the money which I earn...
I dont know what can I do to stop it....
I want to do various things in my life with my earned money..I want to travel I want to spend money on girls I want to enjoy... But I am not able to leave it..whatever small amount I earn instead of collecting it I think to double and triple it but again and again I am loosing all my saving. Since last 4-5 months of my work I have saved nothing and again loosing all in gambling.
Please some one seriously guide me on this.
The first step towards stopping is being able to forgive yourself for the wasted money you spent in the past - it's all gone and you've seen that gambling will not earn you any money back as a long term pursuit. I cannot tell your living conditions, but the way you describe working is as if you are earning a casual side income, but you might need to go out there and get a regular job before you can appreciate how hard it is to earn money. You are currently in the mindset that you can quickly turn a small amount into a large sum, but there are no shortcuts in life. If you want to gamble, buy a single lottery ticket each month and that is all you will allow to satisfy that urge, it might help you keep that dream alive but can help you stop wasting all your savings. |
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As Bitcoin adoption keep increasing around the globe, with leaders of various countries adopting Bitcoin payment as a show of support to the fast-rising cryptocurrency industry in other to tap into its numerous advantages over the traditional financial system, some time ago I share the news of the new York mayor Eric Adam promising to take his 3 months salary via Bitcoin. Due to U.S. Department of Labor regulations, New York City cannot pay employees in cryptocurrency. By using a cryptocurrency exchange, anyone paid in U.S. dollars can have funds converted into cryptocurrency before funds are deposited into their account. This thread is to confirm the action of the New York Mayor announcing the receiving of his first salary in Bitcoin despite the market fall the mayor stated that he received the salary via coinbase. https://news.bitcoin.com/nyc-mayor-eric-adams-converts-first-paycheck-to-bitcoin-ether-coinbase/I wonder how much he might be regretting signing himself up to this. What you'll tend to find is these politicians usually lack much knowledge about what they're preaching but are keen to use any hyped up new trends to their political advantage. Cryptocurrency is still seen as a modern and innovative concept (it is, barring the environmental issues to be solved). Coinbase is probably bumping up his salary behind the scenes as this is indirectly favorable advertising to them, he might slide into a comfy "consulting" type job working in this company after he leaves office. This definitely sounds like a carefully engineered story, because as you posted - he got paid in USD and made a choice to convert it after that point. |
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Since last week, we have been very happy because a new member has joined our family. Yes, last Saturday, my elder brother became the dad of a boy. After spending 9 days in the hospital, they came to our home. It really is a great feeling for me to become an uncle. He is the first baby in our family's next generation. So I thought of something for him yesterday. I thought I would make 15- 18 years of FD for him. so that we can provide him with a better education. We are not from a rich family. We belong to a lower middle class family. And my elder brother is working at a bank as a security guard. because he didn't study well. As a security guard, his salary is only $90 equivent a month in our currency. This won't be enough for him to give a better study. So I thought I would do something so that i can contribute little on his study. As a crypto member, I have finally made a decision. I will make an investment in bitcoin for him. But I don't have much money, but I can invest a little amount for him. Yesterday I bought $100 worth of bitcoin for him.
This is a really small amount, so my brother won't say no to me. Then I load it onto a separate account for him. And write the wallet ID on a note paper and give it to my elder brother and tell him to keep it for at least 15–18 years. And my trust in bitcoin says that after 15–18 years, this $100 could be a very handsome amount for my nephew. They don't have any technical knowledge, so I just told them to hold it. They will hold it. And when he becomes 10 to 12 years old, I will start teaching him about bitcoin so that if anything happens to me, he can easily access his account and get access to his reward. I am teaching my younger brother about bitcoin. He can also help. However, my family's wish is that all of the next generation members will be tech savvy. Because tech is the future.
What do you think, guys? Will this amount be enough for his better study costs? Though if they keep it for 10 years, at least that's enough for me. What do you think, guys? What will be the price of this $100 after 18 years?
I bought bitcoin at an average price of $35,546,.
Nobody can foresee what the price of Bitcoin will be 20 years into the future, many things could replace or supersede it. It might get wiped out due to advances in super computing making it crackable. Either way, it does not offer compounding returns like you might see from the stock market or a bank account (if they still paid decent interest rates). It's such a small amount that it's not going to do anything impressive, you'd be lucky if it quadrupled in value - whatever asset you put it in. Personally I'd put it into a global index fund which is much more likely to perform better and it will compound much more over that time frame. You should definitely consider the storage medium - as a little note could easily get misplaced or the ink might fade over such a time period. |
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Sign-up speed isn't really a matter. That's one of the easiest and I think it's no problem even if the process is taking any longer. And most of the casinos have their speed in withdrawals and also they're good in limits. So here goes what I think are the important ones for a casino.
I agree it's not that important as most casinos usually require email and a strong password but there are people who prefer quick registration like for example the one click sign up provided by nitrogensports. Yeah, I've known that type of registration that they provide. Well, I gotta say that they're likeable but not really a great requirement since more of the inside is what's we really see as an important factor when it comes to the best gambling experience that we're looking for. Just as what everybody is saying, there's a point of choosing what we think is the main feature that we need as we gamble. I think this all feeds into one other factor: Reliability. It's all very well having an online casino, but you need to be able to keep it online. This sort of site is a number one target of thieves right now - sometimes operating in a legal grey area, holding vast amounts of easy to launder funds that are instantly available anywhere online and sometimes possessing vast troves of private customer documents that can allow further abuses to take place. This makes them a big target for DDOS based extortion and it must eat vast amounts of money to stay secure + accessible. From a customer perspective: Speed of the site can make a huge difference, especially if you're playing in game bets and you want to know that you can withdraw your funds at any time, which can be extremely worrying if the site goes down for any reason. |
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Possible bear indicators for the US stock market.
There is another possibility present. Investors could be pulling their capital out of US stocks to invest in cryptocurrencies instead.
It has often been claimed that bitcoin and crypto can rival the banking industry. Is it possible that crypto could be a rival investment to stock markets as well.
If global concern relating to inflation is real. Perhaps investors are seeking assets not denominated in fiat currencies which might be susceptible to inflation.
In which case, it may not simply be bull versus bear markets. But rather a question of demand relating to inflation protected assets, in eras where inflation is becoming a concern.
The valuations that tech companies are sitting on have been crazy for a long time, it was inevitable these companies would face a correction. Corrections happen every 2-3 years and recessions happen roughly every 8 years, it is part of the natural cycle of boom & bust. These tech companies also benefit from the extremely low cost of debt at the moment and often use that to expand their operations, when the base rate starts to crank up it can multiply the rates they pay on that debt which is what we start to see happening now. Lots of people got rich off the colossal climb of some of these stocks, however when they swing the other way it usually affects the most greedy or people who get in late expecting the rise to continue. |
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