Take Two already owns the greatest basketball game out there, which is a cash cow that makes them hundreds of millions of dollars every single year, they also own Rockstar which is the company that creates Grand Theft Auto and Red Dead redemption, so it is quite amazing when you think about the fact that we are talking about making insane money right? Well when you think like that, they are acquiring Zynga for a 12-13 billion dollar valuation whereas their own company is literally just 16 billion dollars. With this deal being official, they will have a bigger one but you assume they would worth a lot more and somehow they do not. I mean which games are more popular, stuff like 2K every year, GTA, Red Dead, or whatever Zynga is doing? This is the proof that Taketwo is doing a great job by buying a mobile game company because that will make them so much more money. NFT in mobile games would also be a great idea as well. I'm not even sure what they're doing buying out Zynga, they must have ran out of developers and game designers if they're going the acquisition route. Either that or Zynga owns some very valuable/useful patents that they want to use in future. When you see people spending thousands on things like counterstrike weapons skins, when the game is over a decade old, you know there are a lot of people out there who will spend money on these virtual goods. We had the microtransactions stage, that'll stick around for certain things, but now we're entering a phase of digital artwork that you buy off the developer and somehow hope it has a future value so you can resell it for more? |
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Hello am new here and am interested in gambling but with the rate of scams casino I am finding it difficult to know the right site that don't scam players?
You're generally safe with 99% of the gambling sites that are discussed in these subforums. It's worth having a look through the thread, paying particular attention to the latest few messages, to get a feel for how respected the site is - if there are more than 2-3 complaining or stating it is a scam per page then you should likely steer clear. Besides that you might just have to build up your own gut feeling and instincts. Stay away from new sites or sites with few search results, because sites without any long term reputation to defend can easily disappear overnight. Click around the website and see if there are any broken pages, or content that appears to be copied from another company - if they cannot do basic maintenance like this then question how reliable they are. |
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Brazilian city Rio de Janeiro's mayor, Eduardo Paes wants to assign 1% of the city’s treasury to Bitcoin. Paes talked about plans for turning the city into a cryptocurrency ecosystem hub. Mayor announced We are going to launch Crypto Rio and invest 1% of the treasury in cryptocurrency. The government has a role to play. Paes added that the state is also preparing to instruct tax exemptions for the crypto industry. The news tells that the govt has a warms stance on Bitcoin and the cryptocurrency industry. Hopes that in near future the govt will bring a better environment for the industry. Reference: https://cointelegraph.com/news/brazilian-mayor-to-reportedly-invest-1-of-city-reserves-in-bitcoinIt's always easy to spend other peoples money, especially if it's on a modern idea which is the buzzword of the moment. Brazil has a lot of problems right now and I'm not sure what they really have to offer in terms of a cryptocurrency hub. Maybe the Mayor should spend that 1% on more police, or training the police better, because most of the stories I hear about Rio are related to criminal activity these days. It's probably a lovely city but poverty can make people do dangerous things. Maybe looking at some sort of tech hub, not focused on on particular sector of the internet, would be more beneficial for the wider population. City mayors tend to have limited impact on the direction a country takes however and this could all be reversed by the next mayor so it's hard to see long term consistency. |
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Let's dedicate a little time to see the last decade headlines on gambling and business (or rather the business of gambling): https://medium.com/@visualmodo/online-gambling-history-18caa7ec7758Some headlines: - Online sports betting sites come to live in the middle of 90s. These have evolved massively (online poker did not even have graphics at first). - Regulations on gambling are clarified and old laws reinterpreted The Wire Act prohibits the electronic transmission of information for sports betting, but a 2002 ruling crucially ruled that “in plain language” it does not prohibit internet gambling on a game of chance - In 2019, Disney generated around 55B. The gambling industry 59B. Gambling industry is on the move in the last years. Legalisation across Europe and USA has forged new empires, online gaming has received all the positive impacts from COVID confinements and it seems that is going to be plenty of consolidation in the future. What is your personal bet on the next big events in the betting industry? There's always going to be new methods of expansion. Crypto still seems to be missing a large scale peer to peer betting platform that I know of, and that can be taken a step further to be decentralized as well. There are new sports getting created and gaining followers every day - especially in sectors like eSports where new games are regularly created. We might start to see more consolidation of casinos, but this will be carried out behind the scenes, so you might find the biggest ones buying out smaller competitors if it increases their revenue and they can find sellers. Africa seems like a growing market right now, although it could be tricky and there is limited money flowing around the continent. |
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Well Amazon blinked 1st: https://www.cnn.com/2022/01/17/tech/amazon-visa-uk/index.htmlMakes you wonder how much Visa jacked up their rates vs. everyone else since Amazon picked on them. Or was it more of Amazon picking on the biggest target to see how they did and if it went well they could go after the other players. -Dave I try to avoid Amazon like the plague, but it would seem in a roundabout way that they were actually sticking up for the consumer in this whole dispute. Almost nothing has changed with regards to the Visa cost mode, since the UK has left the EU they have decided to prey on this separated country like a vulture and stick up the fees just because they can. Hopefully a cryptocurrency is able to put all of these card payment networks out of business eventually, because they are just profit driven companies who will empty consumer pockets at any chance they can. It looks like Amazon was bluffing all along however, because there's a certain group of customers out there who are unlikely to make a move to Visa debit or Mastercard Credit cards. |
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Some of you guys must have watched high stake slot players in their pajamas rolling thousands of dollars in single spin, buying hundred of thousands worth of bonus spins. If you notice closely yo will found the same pattern all over again and again. They start with loosing most of their bank roll (almost 80-90%), and then going all in at last and guess what, bingo!!! they hit hundreds of thousands of dollars. Very few of them write in their stream discerption about rolling with fake money (or money of which they can only cash out like 1%). Almost all of them scream loudly and show us that they are winning it in real, some are very good at faking it, which attracts lots of new gamblers (with false expectations) and they end up loosing it all which ultimately leads to social disharmony.
The argument they provide is as follow, ''we are entertainers/performers''. This need to be stopped. I am creating this thread to discuss such issues and to warn other new comers about the potential loss. If you have found such streamers please post here so that it can be helpful for new players to make realistic decisions.
The annoying part about all this is that these streamers try to hide their activities. They would probably still get a beneficial number of new signups to whatever service they want to advertise if they were totally upfront and disclosed what they were doing. People love following these so-called influencers and streamers, they'll often overlook explicit and blatant warnings if they get to copy whatever their fan favorite is doing at the moment. It would also help these people and the casinos they are promoting because they'd be able to show that they clearly warn new users of any risks involved. There are a lot of silly and wasteful people out there who are bad with money, somebody is going to "help them" spend it unfortunately. |
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One of the largest roadblocks I have in defending bitcoin (and cryptocurrency in general) is when people compare it to a Ponzi scheme.
There is plenty of bitcoin FUD that is easy to defend, but when people pull the Ponzi-card, that is when I begin to get agitated. This is because I don't have a sound argument to combat this claim.
For those who are not readily familiar; A Ponzi scheme is a form of fraud that lures investors and pays profits to earlier investors with funds from more recent investors. The scheme leads victims to believe that profits are coming from legitimate business activity, and they remain unaware that other investors are the source of funds.
People compare bitcoin to a Ponzi scheme because the price increases when more money flows into the underlying asset. If I buy for X and sell for X+100 that 100 profit of mine came from another person who bought into the scheme after me. In the eyes of many, this is dangerously close to how Ponzi schemes generate value.
What is the best argument against the Ponzi scheme narrative?
In what ways are Ponzi schemes different from bitcoin?
How do they generate value differently?
I can see where the comparisons come in but a Ponzi scheme is an intentional scam, which is not a fair representation of Bitcoin which has a very functional usage as a conveniently trade-able currency. You'll find people who use terminology like this struggle to understand the blockchain technology behind it or intentionally mischaracterize it because they themselves do not assign any value to it. However even if you are not a fan of Bitcoin, you should be able to see that it makes transfers of money without centralized third parties possible across borders, which can save all sorts of people from paying unnecessary fees to middlemen and banks. Even if you are talking about selling to a greater fool theory, that can be equally applied to any speculative asset like cars, wines or art. |
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What are the advantages and the disadvantage of the two of the matches to bet on, I know a lot of local football leagues on the betting site and they offer big odds and also the International league such as the Fifa world cup and lalliga, which of this will you advise a newbie to football getting to choose from?
A new player who wants to pick up sports betting should probably stick with the bigger teams at the beginning. Get familar with all the different types of bets you can put down, switch the view over to decimal odds - they seem a lot easier to understand than fractions and you'll be able to find much more information on the match/players. Local teams are more open to.. unjust influence and if one player has somehow been corrupted it can really be bad news for the team and your profits. It might be easier to corrupt lower level players who are on smaller salaries and the play tends to be much more erratic. There may be less consistency in the teams as well as other commitments come up that the players have to meet and there is no budget to maintain their focus all the time. |
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....
There are many americans on social media I have seen, who believe its impossible for those who work hard to experience this degree of poverty affecting places like sri lanka. They say youth today are unable to afford basic necessities while working in entry level positions, due to them refusing to "hustle" the way that older generations think they themselves "hustled" when they were young. It is strange how many refuse to acknowledge dangers of negative economic conditions, and how they might someday affect everyone.
Whenever I read things like this, I assume the worst case scenario. These troubles will someday make their way to the shores of the united states. It is best to prepare.
Many who mistakenly believed they could never be poor as long they work hard, will learn their error the hard way. By then it might be too late. But why must reality mimic a bad movie with obvious problems which people refuse to admit exist?
Let's face it, there are many countries around the world that struggle to support their population with productive industry and jobs. Some are very heavily reliant on tourism which got decimated during the pandemic, but it's likely these countries were on a rather wobbly foundation all along, this global crisis merely accelerated an inevitable decline. We see that countries that have a strong manufacturing or services base have faired much better, because what they create is exported in high demand. If the developed countries sneeze, the rest of the world catches a cold - we're seeing even the biggest economies struggling with inflation right now so it seems natural that smaller countries are going to have a tough time, let's hope it is relatively short lived. |
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Looking for bookmakers with a great referral system to get a bonus from a referred player
I have a friend who brings in more money than a large audience, I want to get a percentage of the bets from him
There are quite a few casinos out there and most will offer a referral program, you'll probably have to get individually approved. Stake.com is fairly straight forward and I think you can get going with the referral program almost immediately without any further verification. If you check out the betonline.ag site their referral program actually covers a bunch of different offerings so might be useful if you want to promote multiple different sites from one brand. Besides them, just look at any of the threads here which are hundreds of pages long and you'll probably be in safe hands with the affiliate program there. The exception being 1xbit, because they are total scammers. |
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In society, money is power.
In the animal world, only powerful animals can survive.
In society, money means power.
So people are making money to be strong.
But
Bitcoin also has strong and weak people,
I think that society is also formed within this chart.
Money can buy a lot of influence, but you need to be reasonably strong to protect yourself from people who may wish to take it from you. Then again, you'll often find that people who are "rich" have a lot of freedom in their lives and a good way to maximize the time you'll be healthy is to exercise regularly which will make you naturally stronger. As for finances, you have identified that it was early adopters who saw growth in the thousands of percent who made big money, anyone buying now would be lucky if they doubled or tripled their money in the short term. As we see with Elon Musk's twitter ravings, it's possible to see large movements on obscure coins still if you have the funds, confidence and an ear to the ground to pick up on this information. |
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....
Title was too long to fit, it should read:
12% of First-Time Homebuyers Say Selling Crypto Helped Save for Down Payment, Up From 5% in 2019
One great thing about this is, it shows how cryptocurrencies carry a potential for economic benefit. In terms of it making it easier for people to afford houses and real estate.
Its difficult to measure the impact that cryptocurrencies have about society as a whole. Its been generalized as being a creator of jobs and wealth. I have gone so far as to claim that it elevates our standard of living.
If nothing else, I hope we can all agree that crypto provides us with more opportunities and options than we would have without it. And that's always a good thing, am I right.
It's definitely interesting to see how Bitcoin has made a select group of people richer, although I doubt much verification went on beyond them answering the survey and claiming this latest buzzword trend was a great help to them. What should be considered and is easy to miss is the fact this only captures people with a lot of money already, as in - a large portion probably came from middle or high wealth families which gave them enough freedom to be able to buy into these cryptocurrencies. When you have less cash, find it very hard to save on a low salary and probably have little help from family to buy much else, then putting money into a highly speculative asset like crypto comes with huge risks to your future. |
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The Pakistani government is the latest country to propose a ban on crypto, I know it's a possible ban that will affect crypto in general, but to be honest I'm pretty sure Bitcoin is definitely their main target in all of this as it's the crypto that most governments see as a "threat" to their complete dominance over their citizens financial activities, see this excerpt below: The State Bank of Pakistan (SBP) is reportedly seeking to ban all cryptocurrency transactions in Pakistan. I know there's prolly no way Bitcoin can become the most used currency in the world in place of Fiat, and I know quite a lot of people are of the view that the government do not actually feel threatened by Bitcoin, but personally I think they are, they are mostly worried by the "be your bank" option Bitcoin offers its users, and it's something quite a lot of people are starting to understand its importance, and I also believe CBDC's were launched in reaction to the growth of Bitcoin, to convince people that it's a digital currency like Bitcoin, which it's not. They also plan to impose sanctions on crypto exchanges, see this excerpt below: The Pakistani central bank reportedly urged the court not only to ban cryptocurrency activity but also to impose penalties against crypto exchanges. I believe all of this is just a calculated attempt to forestall Bitcoins growth and development, but just as has been the case in previous scenarios of Bitcoin ban, it would prolly only have an ephemeral effect on the price of Bitcoin, but in the long run would be inconsequential. What do you think would come out of this? Full news: https://cointelegraph.com/news/pakistan-s-central-bank-reportedly-wants-to-ban-cryptoIt seems like something natural for an overbearing government to do and likely comes back to tax revenue, but a lot of extremist activity takes place in certain regions of Pakistan as well. Bitcoin has many good uses but it can be abused by criminal elements as well, to transfer funds around which could be used to attack private citizens or even the government in various ways. The tax system in Pakistan will also be a mess because so much work is carried out on a cash only basis, so the government are probably trying to capture a bit more revenue that would be taking place electronically. For certain countries like this one, it's a difficult decision to weigh up the pros and cons of cryptocurrency. |
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US inflation jumped 7% in December as prices rise at rates unseen in decades
The price of goods and services in the US continue to rise at rates unseen in decades, jumping 7% in December compared to the same month last year – the seventh consecutive month in which inflation has topped 5%.
The news represents a blow to the Biden administration and the Federal Reserve, which until recently have characterized soaring prices as a “transitory” phenomenon brought about by supply chain issues triggered by the pandemic.
On Wednesday, the labor department said the consumer price index (CPI) – which measures what consumers pay for a wide range of goods – rose 0.5% last month compared with November and 7% compared with December 2020.
https://www.theguardian.com/business/2022/jan/12/us-inflation-rate-december-2021United States is losing control over inflation. 7% is something similar to Brazil inflation, which was 10% last year. That is terrible. I saw this chart today, showing how much purchasing power USD lost since 1912: source: https://www.instagram.com/p/CYohEjmLE6q/ (Made by a Brazilian economist) 100 USD would have the same purchasing power as 3,53 USD did in 1912. Central banks money printing strategy, public spending all those strategies are costing a lot to us, individuals. Our savings are shrinking due to high inflation all over the world. I believe bitcoin was designed for this situation. Lets see how will it react. It looks like most of the purchasing power was lost up to the 1980's, at which point the decline almost becomes flat - that means the dollar has held it's value relatively well since that time and it would be a whole different graph if you focused on recent history. The fact that inflation was near all time lows before an unforeseen crisis of a global scale hit is actually a positive thing for the US dollar and any similarly effected currency. It means it is stable. Just look at Bitcoin over the last couple years, at times it has gone up 100% in the space of months and also dropped 40% since the all time highs. It doesn't have traditional inflation, but it is so volatile that the average user struggles to understand the value of it at times, that seems much more dangerous. |
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The two main factors of bitcoin market hodlers and the investors sometimes I query myself about how much impact they have made in the price of bitcoin.
Note: The hodlers are early abductors of bitcoin that held their funds till date
The investors are the early abductors that sold and invested into their business then later invested their profits into bitcoin. E.g Michael Saylor or Elon Musk.
It sounds like somebody who doesn't know much about business trying to describe things. The word you are looking for is "adopters" not abductors, which means something totally different. First off, for all the people who claim to be "hodlers" the average person has a life to live and they need access to funds, so unless they were here before the last couple years then chances are they have only doubled or maybe quadrupled their starting capital - so they either had a lot to start with and got richer, or they changed a small amount into something not much bigger. To people like Elon, cryptocurrency is just a toy, another way for them to play with their followers for giggles and it is irrelevant to their wealth. Due to the amount of followers they have, sometimes like we see with Dogecoin, they can induce lots of buyers but the interest is usually fleeting. |
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They borrow money to buy assets before bull run
They use borrowed money to make more money.
If u dont learn how to use DEbt to create wealth then u stay poor all ur life.
U never use loaned funds just to buy things for u if u dont have ur own money enough.
First rule you use loaned money to make money.
Stocks and crypto u borrow always before bull run and sell ur assets even the real estate when markets are booming u pay back the loan u wait the market drops u repeat the process.
If anyone start doing this no profit for wall street wealthy guys anymore thats how powerful is investing money what u borrowed.
The first and possibly most important point you're overlooking is the fact that "wall street" generally consists of people who are already rich, or at least managing the funds of the rich. When you have enough money to live a very expensive lifestyle and could do so many times over, then you usually have lots of spare cash. That spare cash often accumulates to more than an average person would ever earn and it can be invested without fear, as there is enough space capacity that they could lose a lot of money without a material impact. All that invested money, sitting untouched, generates both capital gains (prices go up on owned shares) and regular dividends which are usually automatically set up to buy more. Basically, the rich gets richer - a well known phrase by now. |
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Hello everyone, I have not played cryptocurrency casino but, have played slot casino games for quite a long time. However, I scroll through a couple of complaints from players time to time and the one that got my interest is the delayed withdrawal issues. Why is it that when a player wins and wants to withdraw their winning the casino will begin to ask for info like source of funds, KYC etc. But they careless about asking for those information when the player is losing money in the platform.
ANY IDEA?
It should be obvious but casinos are in the business of making money. It's about getting a person to deposit money, then keeping them enticed enough by various tricks to stay for as long as possible, dragging out their losses with occasional wins so that they will form a bit and ultimately deposit repeatedly because they think it's possible to win. Gamblers have a terrible habit of forgetting many small losses while idealizing a few big wins - that is what gets the happiness endorphins pumping after all, the thrill of winning a much bigger amount than the bet. If a casino cannot keep a gambler in this way, it makes financial sense for them to put up as many obstacles as possible at the withdrawal stage, either in the form of fees or burdensome requirements like additional documentation, they're hoping the gambler will just say f### it and waste any remaining amount. You won't find many casinos operating from big jurisdictions like the UK or US but they'd be required to fulfill KYC if they were based there, to detect criminal activity. This ignores all the pure scams that might be out there. |
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Soon Bitcoin would not be news or in the news as much as it is today. No, it will not be banned but rather there's it would have garnered so much support and acceptance worldwide. The rich, the poor, the upper-class, the middle class, school kids in kindergarten, the mayors of cities, Presidents, Priests and Clergymen, Imams, and Rabbi would own a satoshi no matter how small. My confidence and hope in this belief grow exponentially every day because the world is moving towards the consciousness and reality of cryptocurrencies. It’s damn hard to ignore. Everyone is talking about Bitcoin on the tv, newspapers, radio stations, the coffee shop, the grocery shop, religious places of worship, strip clubs, casinos, in the North pole, Antarctica, Sahara Desert, the Atlantic Ocean, and everywhere one turn towards. In the end, we’re going to have two types of people. The first type of people will be those who got on the Bitcoin train voluntarily. And those who were “forced” because they had no other choice. At this time, Bitcoin and other cryptocurrencies are not going to be a big deal anymore. No one will care about whales and sharks manipulating the market prices because there will be sophisticated systems put in place that serve as buffers. It’s going to be like having a dollar or your local currency. Everyone will have it no matter how little.
I have a feeling that some people trap themselves in a bubble and heavily project what they read about every day as being the reality for everyone else. In my experience crypto is currently talked about very rarely and there is a lot of bad publicity circulating about it right now. It's very curious that you mention so many religious figures in your spiel, because theoretically they should be the least interested group of people in pursuing financial instruments. Like it or not, a vast majority of the world is happy with the status quo and while cryptocurrency offers certain useful abilities (like sending money across borders), most day to day transactions can already be performed much more quickly and efficiently with existing tools. |
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What is the best method to bet most especially if one is betting on football matches what is the best currency to bet with, using cryptocurrency to bet of using traditional paper money. Which one is more secured and fast for inline usage.
In the early days it might have been possible to find some opportunity and arbitrage situations going on with crypto sites, nowadays however they are all using the same statistics companies to put out the same odds as fiat gambling companies. You're unlikely to find any noticeable difference. One advantage or disadvantage you might get from crypto betting is movement in the underlying asset you hold more than making money from the bets. If you're a fan of Bitcoin and a small scale gambler, maybe someone who lays their bets when they can get a nice promotion, then it might work in your favor to hold a sportsbook wallet balance which could increase in fiat terms without doing anything else. Besides that and taking advantage of different special offers, there is no noticeable difference and crypto might have a difference if exchange fees are expensive or transactions are slow. |
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In a recent interview on the Futurati Podcast ( https://youtu.be/TLHPzPbu5JU?t=848) Bitcoin heavyweight Peter McCormack claimed that Bitcoin would beat out fiat, gold, and other cryptocurrencies to become the money of the future. Wondering what your thoughts are. If it has won the "war on money" (wtf?) then why is it almost invariably compared to the US dollar price when discussed in all media around the world. For people to get a gauge of comparison and value, it is still converted back to something that most people understand - a currency that has been around for many decades. If it's won this imaginary war, why is the reserve currency of the world the US dollar and why have big countries like Russia & China outlawed it entirely, making it worthless to use within their borders? People like this talk a big argument and it feels like they become disillusioned by the media bubble they must build around themselves. Bitcoin has proved a great case study, but it is far from perfect and better iterations of cryptocurrency are bound to come along. Even Satoshi would be unlikely to be so ignorant or self absorbed to claim it was perfect. |
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