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2901  Economy / Gambling / Re: Which would be better ? on: April 14, 2022, 04:06:04 PM
Which would be better for gambling casinos or sports games?
I've seen both but sports seem a lot easier to me and casinos are hard for me.
  • What do I need to know to play casino?
  • Which is a more profitable casino or sports game?
  • And Which Platform should take as a newbie gambler, casino or sports?


There is a lot of questions that you should perhaps first ask yourself as to what kind of person you are and what your favorite activities corrospond to.

What you need to know to play casino is thankfully, not a lot. The games are self explanatory or have guides/tutorials that, if you cannot find on the casino website, you can definitely find online. For the beginning, I would stick to traditional games that everyone knows like blackjack.

Casino and sports gambling games are both luck based. At this point, you should decide based on whether you enjoy sports more than for example, card games.

Fortunejack is a good platform for beginners (even though it might seem like I am biased because I am promoting it).
2902  Economy / Gambling / Re: Vulnerabilities in gambling websites in past on: April 14, 2022, 02:54:11 PM
But as far as the human world goes: I think advertisement is also good but sometimes we overdo it. We go too far. We start annoying people.

Thats the worst part. The annoyance from bad advertising practices.
I've heard of the news of related to advertisement in Australia that one casino there did an over with their advertisement and those old users/customers that they've got started to sue them because they've been unsubscribed for that long.
But still, the casino did pass them their promotions and advertisement. It's truly such an annoying act from them and they should recognize what their customers like if they've already unsub to their news and promotions.
I think it's happening in other industries because I've experienced it myself in the promotions I get via email. I don't know how they can still send us the promotion but I think they still keep the email address or the address we use to register at a casino or other line of business. Yes, it is very disturbing because if someone really wants to quit gambling activities, it can trigger him to go back to gambling again. After all, in his mind, he will say it will be okay if we play gambling once in a while. It is also something casinos need to pay attention to, lest their customers sue them because they have left the casino and unsubscribed.
Every company is for surely keeping our email addresses and they've got a lot of purposes on it. And it's not just the companies that we used to sign up are the ones keeping it.
If there's someone who get to see it and they have ideas and database of keeping it, they'll sell it to the other parties. That's why we have no idea where these ads and promotions are coming from despite we just signed up for a few websites before.

I think that saving email addresses or other information of people who have explicitly and directly asked against this would be illegal to do as it might fall under anti-scam laws or data security laws which are currently almost international at this point, although I am no lawyer and cannot confirm this suspicion as truth.

Although you are right, there are a lot of sleezy, shady online gambling casinos which try to make a quick buck any way that they can, even if their strategy of doing so is highly unethical.

I wonder if there is someone who knows more about this.

 
2903  Alternate cryptocurrencies / Altcoin Discussion / Re: Are bounties dead? on: April 14, 2022, 01:15:28 PM
The only reason why it attracts most low-quality accounts or multiple alt accounts is due to the project they are trying to promote.
What I see most of the bounties there are fake coins or tokens or ICOs with no value and most of them are scams.
That is why it's not worth the effort to promote. Unlike before most of the bounties that I see are real and surely it has a value after being listed on exchanges and the project is serious, unlike these days.

THIS, but also, the project might not have done the necessary legwork beforehand and did not restrict bounties in such a way that bots would have a hard time joining. I think the bounty manager who decided that the project is worth promoting should be the one making sure the participants are of good quality.

I have seen good projects drown in bots and bad participants because of a lack of quality control. Even at times when the project itself would have definitely rose above and become something beautiful.

Shame, really.
2904  Economy / Gambling / Re: Watching Our Kids From Something That Could Dangerous To Them on: April 14, 2022, 12:58:43 PM
Some time ago I visited my friend's house. We talked about many things because we had not seen each other for a long time. Besides us telling stories, he accompanied his son, who was already a teenager. His son is playing games on his cell phone and I got a glimpse of what games he played and he seems to be playing games he shouldn't be playing.

Then I asked my best friend how she watched her grown children. He replied that his children were able to choose what was good and bad for them and he just needed to say that playing games are okay as long as he doesn't lose track of time.

Then I asked again if the kids installed games they weren't supposed to play (but I didn't say the kids were playing those games). She replied that she sometimes checks her children's cell phones and asks what they are playing and that a parent should ask their child.

From here, I then asked myself, is that what we should do for our children, giving them the freedom to install whatever they want. Then there is another thing that sticks in my mind: if they want to buy something in the game because this type of game allows players to get rare items at low prices. They can ask for the money from their parents to buy that item.

Then, I also thought if this could cause symptoms of addiction to continue playing the game and later it could be accidentally, they see adult content such as pornography or gambling or others easily. The role of parents who give freedom to their children in using cellphones does not seem to be felt by those who are starting to grow up. I see that a teenager has started to be equipped with a smartphone.

What do you think about the situation above? Do you have any such situations like me before?

I think that children should not be "leashed" by their parents or any other authorative parent figures. This is because i believe that the kids should be allowed to make decisions and learn the consequences of those decisions. If they want to gamble, sure. But then when they lose their monthly allowance, I think that will make them think twice before gambling again.

A nagging parent only makes the situation worse without the child understanding between right and wrong. It only understands its being yelled at.

Life is the best teacher. Some of its lessons are a bit painful, but necessary.
2905  Economy / Gambling discussion / Re: Quick Survey: why do you specifically use crypto to gambooool ? on: April 14, 2022, 11:17:51 AM
Hello Degens

I am doing a little research on WHY people are betting /gambling online with btc/crypto from various countries/states worldwide, and was hoping bitcointalk members  can be of some assistance.
I would specifically like to know (if you happen use crypto to gamble online) why you do so.

eg is it because you:
  • can pay Less vig in some cases?
  • wider game selection can gamble on games like minesweeper, paper rock scissors and other novelty games?
  • "provably fair" games
  • cannot bet in your current location
  • crypto sites might offer markets unavailable elsewhere
  • others ?

any info appreciated, if you can give me your state/country that would be helpful too for context.
I will happily publish the results of the survey later ITT if anyone is interested/cares.

Thanks

As much as I like to "Gambool", I prefer not having to use fiat for the very same reasons as why I like to buy use and sell crypto outside of gambling. No third party has their hands in your pocket. No need to mention privacy concerns unless you are using a KYC gambling platform or one that does not like to see you using a VPN.

Its basically like gambling but much more free.

Other than that I like to use crypto to gamble in order to support crypto itself. Call me a crypto fanboy I don't mind at all.
2906  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 13, 2022, 03:22:47 PM
She didn't even last a week? She literally said she will get Bitcoin as a legal tender in Mexico in the Bitcoin Conf 2022. LOL

I have been saying mexico will be adopting Bitcoin as legal tender like half a year ago. But nobody ever listens to me... I guess I am too smart and good looking. You guys jelly.
2907  Economy / Gambling / Re: Video Course of BlackJack for people who want to learn BlackJack on: April 13, 2022, 10:43:35 AM
There is good news for people who want to learn about BlackJack. Quoted from GamblingInsider.com on this article, OnlineGambling.com provides eight seasons of video courses to help novice players to become "experts" in the game of BlackJack. This course is provided free of charge and can be watched online for those who want to dive into Mathieu Blake's BlackJack game. The BlackJack players may know who Mathieu Blake is known as Mr. BlackJack. He will guide players from beginners to experts in his videos.

Do you often watch videos like this to improve your skills in playing BlackJack or other card games? Or do you feel so confident in your abilities that you don't need such video courses?

Here is the link to the video course https://www.onlinegambling.com/blackjack/academy/course-plan/

Maybe there are many videos like the video above that we can watch to become a pro in BlackJack.

Great resource for beginners! Thanks for posting this.

I already made a reply post today about how we need testnet gambling sites that use fake coins so that beginners can become acquainted with the gambling platform and the games they offer.

Blackjack itself is not all that difficult, if anything it is one of the easiest games in the gambling world. Very easy to understand. But the language barrier may be hard to overcome for non-english speakers.

As I said, a copycat testnet gambling site for newbies is needed.
2908  Bitcoin / Bitcoin Discussion / Re: Does Bitcoin have any real value? on: April 13, 2022, 10:33:41 AM
Now, if I were to sell you something you cannot live without, like water, the base value constants become the supply and demand and the work I need to do in order to get to that water, get it out of the well, bottle it up and deliver it. This becomes a minimum in price.
We don't disagree, I'm just pointing you out that it's not the same with Bitcoin, because those sudden drops in either the price or the required computational power can redefine the cost.

If 1 BTC is valuated at $40,000, but there's a sudden Chinese black out which affects lots of Chinese pools that contribute by owning a significant percentage of the network's hash rate, the cost of producing 1 BTC will decrease once the difficulty re-targets. But, the price has no reason to change, because the supply has remained the same (it's inflating by 6.25 BTC every ~10 minutes) and so is the demand.

Another example, but with change in demand: If there's a intensive trend of selling, which essentially causes drop in the demand, the equilibrium price will decrease. This, as a consequence, might discourage some miners, temporarily, to continue mining, because their income might have dropped by a lot. It is reasonable to assume that the cost of production remains the same, but it's not. In the next difficulty epoch, difficulty will lower which will decrease the cost.

I can see where you are going with that and what you are trying to tell me however the real question here is whether or not Bitcoin can go to 0. And the answer is no. Because it has an internal value which cannot be denied.

Even if the apocalypse started in 10 minutes or in a long long time from now and nobody wanted or needed Bitcoin anymore in such a reality, nobody would sell it for $0. Even if all hope was lost, they would hold on to their coin in hopes it would rise in price again.

The minimum price, even if it is a low low price, it would still be the minimum due to the minimum effort/money/goods you would have to put in to create a Bitcoin.

Now if EVERYTHING including energy became absolutely worthless in the world, then the base price of Bitcoin would become 0. But thats unrealistic, don't you think?

2909  Economy / Gambling / Re: Vulnerabilities in gambling websites in past on: April 13, 2022, 09:41:09 AM


You are right, but mostly they will say that they have legal terms and say that they will not be sharing it with others. This is only for their own consumption, but still it manages to leak. This is really the problem now, but in order to signup and play on a gambling website, you really need to do KYC, and now I noticed that privacy is not that important to others since they don't care where they are sending their personal information. The only thing that we are like holding right now is really they terms and conditions about our data to make sure our information are safe
I never believed that they share our data and we start getting the ads dependent on our likes and interest. I noticed that real soon that I get the ads depended on likes and interest. For the moment I have deactivated my fb and insta accounts. To have some peace of mind.

Well you cannot really escape from the world of targeted advertising, no matter where you go in this world. Even in nature there are examples of advertisement. Or at least a kind of advertisement. A good smelling fruit is appealing to animals, animals eat the fruit, poop out the seeds. Their poop becomes the seedlings fertilizer. So obviously this is a good trade.


But as far as the human world goes: I think advertisement is also good but sometimes we overdo it. We go too far. We start annoying people.

Thats the worst part. The annoyance from bad advertising practices.

I agree that excess of everything is bad; a mature player would not like to go at the beginner level. But on the other hand a beginner level player would look for the experience rather than being worried about the ad – so every level has their priorities. Gambling sites should be able to set up their terms according to their players.

From the perspective of a beginner I think it would suit them better if they were to justifiably sign themselves up for a tutorial version of gambling, perhaps there even exists a gambling site with fake money that you can use to practice? I know from my days of trading futures, options and other derivitives how hard learning all the new stuff can be and how frustrating it can be to lose money due to not understanding how things work.

I think a testnet version of their gambling site would be just the right thing to get beginners acquainted with their platform.
2910  Bitcoin / Project Development / Re: How Do I Handle This Coingeek Proposal? on: April 12, 2022, 01:34:51 PM
Hi guys,

I got a proposal from Coingeek to submit a proposal for a freelancing position. Ordinarily, I charge between $15 and $50 for an article. However, with this job, I may have to do more research and I'm wondering if this platform could pay up to $100 -$200/article. What do you suggest I do? How big is this company, considering they're behind BSV?

Instead of asking how big the company is, what you should be doing is looking at other freelancers and their prices. Now I am no expert when it comes to the time cost of writing articles but I cannot imagine it is something you can do under an hour, at least not for a decent article.

$200 sounds like the minimum to me.

Unless you are new at this and want to gain some recognition in the freelance article writing world and the company is very prestigious. In that case, you could see this as "investing" your time.

I would still not be afraid to ask for 200 though. You need to start with a high starting point when haggling over price. Thats just my thoughts, though.
2911  Economy / Gambling discussion / Re: Inoue vs Donaire II discussion on: April 12, 2022, 01:24:35 PM
Here comes with the age issue again, why is it that you're so certain that age is an important factor? I'm not a fan of Donaire but I disagree about it, age will only become a factor if the fighter or boxer isn't active for years or not getting a fight for two years or more.

In the case of Donaire, he already fought twice last year and ended it with a KO and now he's fighting against the Japan's monster Inoue with just 6 months of rest period.

Those people who treat age as a factor for Nonito Donaire are not doing their respective homework and just relying everything on the "name impact" and "age". They are not aware that Donaire even much older compared to Inoue, still has that speed, quickness, and Knock Out power.

The reason is, that Donaire is always active doing his routine operation and always has a match, therefore, training is almost part of his entire life and never stopped. That results in his body not adopting the aging effect.

If Donaire will lose for the 2nd time, it's 100% not because of his age but for other reasons.
What other reasons? Can you elaborate on what would be the other reasons?

Age would really make some toll and its a major factor that could effect overall performance of a fight/athlete which is something inevitable.Its not really a shame if he would really be accepting that reality but as long his

passion and interest on fighting on his career doesnt goes off then lets just respect and its true that he do still have that good punching power,stamina and other aspects.
Its bit exciting that we are closer day by day for this upcoming rematch fight.

Donaire did said that age is just a number after beating then WBC champion Oubaali. But it is a fact that age is a factor. No matter how much you train yourself, you cannot stop the effects of aging when it comes to reflexes, speed, stamina and strength. They slowly start to diminish at 30s. One can simply watch his previous fights since winning his first world title against Vic Darchinyan at flyweight and then later terrorizing divisions up to featherweight. The thing that keeps Donaire a champion is his power, something the bantamweights cannot take.

We seldom see late 30s becoming world champions. And most of them are technical boxers like Floyd Mayweather and BHop. Brawlers, they rely most on strength like Miguel Cotto and Iron Mike will have difficulty when it comes to career longevity. 

I would agree on most of what you are telling us but I would probably have to disagree on the number 30. I doubt you can say 30 years is too old and at that point, everything goes downhill. I would say more closer to age of 40.

30 is still very young. While not as young as 20, I have yet to see other examples of 30 year olds having major disadvantages over 20 year olds in other areas, for example sport.

Lets look at football, for example. There are a lot of 30 year olds there. Many of them can go toe to toe with a 20 year old and a lot of them can beat 20 year olds with experience.
2912  Bitcoin / Bitcoin Discussion / Re: Does Bitcoin have any real value? on: April 11, 2022, 06:36:29 PM
But the minimum value is not raised by demand. Its raised in the minimum effort put into it.
Sure, cost does affect the market value. All I'm saying is that the value of a product comes from the fact that it satisfies one's needs. The production of it does have a cost which is added in the price, but that's true until there's one who's willing to buy it. If nobody wants gold, no matter how expensive it is to mine it, the valuation won't be greater or equal with the cost.

Take oil barrels as an example. In 20th of April 2020, crude oil prices went negative. The cost was much greater than the market valuation, because the demand suddenly dropped.

Again, you are factoring in human failure as true value instead of admitting that speculative value can create short term price fluctuations.
Instances of negative pricing were always very temporary, and the markets quickly corrected.

If I, for example, trick you into buying fake magic beans, I am pretty sure I could get thousands, if not millions from you, depending on how desperately you believe you need the beans. Once you realize they are normal beans, their value would change very quickly, in your eyes. But thats all subjective from your perspective.

Now, if I were to sell you something you cannot live without, like water, the base value constants become the supply and demand and the work I need to do in order to get to that water, get it out of the well, bottle it up and deliver it. This becomes a minimum in price.

There is a work limit at which that all the work I have to do to get the water to my customer is not worth it anymore.
2913  Economy / Gambling / Re: Online casino. What's the reliability of the technology? on: April 11, 2022, 05:19:21 PM
To what extent is the online  slot game machine RTP reliable based on it's technology?

As words in the street has it that it has gained so much popularity than other casino games due to it's simplicity nature.

Let's discuss, what's your view.

Reliability? Online gambling casino sites have reliability if they are registered with a doxxed team. Technologically, the only way to find that out true reliability is by looking at the history of hacks/bugs and overall reliability of a website over time. The same goes for facebook, amazon and basically any website you can think of.

Technologically, the newest websites are the riskiest. But our current technology can only bring us to a certain point and no further.

We use the word for technology when we should be talking about the code. If the code is public, at least you can find out any faults it may or may not have by doing your own research.
2914  Bitcoin / Bitcoin Discussion / Re: Does Bitcoin have any real value? on: April 11, 2022, 04:21:45 PM
Those Bitcoin mining costs are the non speculative, translated value.
No, the costs are the costs. The value comes from the fact that there's a demand. If there's no demand for gold, it doesn't matter how much it costs you to extract it from the ground: It's simply valueless.

However, in Bitcoin there's something different. The costs are somewhat connected with the valuation, because of the difficulty, which is a parameter that does not exist in any other asset. If the demand rises by a lot, it brings more competition into mining which makes it, in consequence, more expensive to mine 1 BTC. Oppositely if the demand drops by a lot.

The canon is the canon, though. If there's no demand, there's no market value, despite of the costs.

You are confusing value with demand. Obviously depending on the situation, bread might be more valuable than 100 Bitcoin or 100 kg of Gold. But thats an apocalyptic scenario which most likely will not come true anytime soon. Hopefully.

But my point stands. Anything can drop or rise in value but there will always be inherent value in work and time. The work in this case being electricity, equipment and so on and the time being the amount of time you spend mining to create a single Bitcoin.

But then again your logic would also work for anything, given the circumstance. If aliens enslave all humankind and put in a system where money is based on some arbitrary resource, that resource will gain a speculative value due to its demand. Or if we discover gold cures cancer, price of gold goes up.

But the minimum value is not raised by demand. Its raised in the minimum effort put into it.
2915  Bitcoin / Legal / Re: The legality of the AML and KYC procedures worldwide. on: April 11, 2022, 02:13:07 PM
As far as I understand it, if you make a business over holding someone elses funds while they trade using your platform, then you are legally obliged to take all risks that come from illegal actions like funding dictators, tax evasion or laundering money.

So obviously, if you pose a legal risk to exchanges then they want to know how to find you if problems should arise.

You on the other hand, also get a guarantee that those responsible will be held liable for those crimes, not you.

So fair or not fair, unless you buy your coin directly from people and store your coin in your own wallet, then all legal responsibility is on you and you need to do KYC.

Personally, I am not a fan of KYC.
If you want to daytrade your coins you don't need an exchange. You can use other blockchains which use decentralised exchanges that are completely free of any legal liability since nobody else is holding your funds for you.
2916  Bitcoin / Bitcoin Discussion / Re: Do not trust this devil woman, she wants Bitcoin dead on: April 11, 2022, 12:02:15 PM
Janet Yellen does not like bitcoin and the cryptospace, we certainly know this already. However, why has she presently changed her opinion and began telling everyone through her speeches that crypto is transformative technology? I am very skeptical of this. I speculate that there might be a magic trick in the end where something like every American user in the cryptospace cannot sell their coins for fiat might occur hehehe.


Devil woman

Speaking to attendees at an American University event, Yellen highlighted the extreme divergence of perceptions about crypto, saying that’s often the case with “transformative” technology.
“Some proponents speak as if the technology is so radically and beneficially transformative that the government should step back completely and let innovation take its course,” she said. “On the other hand, skeptics see limited, if any, value in this technology and associated products and advocate that the government take a much more restrictive approach.”


Read in full https://www.coindesk.com/policy/2022/04/07/treasury-secretary-janet-yellen-calls-crypto-transformative-in-wide-ranging-speech/

Any university speaker who is not speaking about research is a clown not worth listening to. Especially in western universities. I say this because the western world has transformed universities into political moral camps and uneducated philosophy gatherings.

A bachelor in science cannot even be compared to something as worthless as economics.

This woman should understand that Bitcoin is a thorn in the eyes of the government and it cannot be removed or controlled. Even if the worlds countries all become like north korea and humane lives become a thing of the past, Bitcoin will still not cease to exist as long as there is a single miner in the world.
2917  Economy / Gambling discussion / Re: sports betting sites that return your money when you lose. on: April 10, 2022, 09:15:23 PM
Yup. Just like what the title says. I have recently been recommended or referred (since it was a referral link that got me to register) by a friend of a friend into an online sports betting site. Being new to such things, I thought I should ask opinions from veterans here whether such things do exist or not. Although that friend claims that he had already made huge amount of cash from this site, I am still pretty skeptical and haven't topped up yet. But I gotta admit it is pretty fun and appealing to me, just wanna make sure before I put some money into it.
I would really appreciate some online gambling veteran insight Smiley)


Edit: this is the website - lmb.cc


That is quite a strange thing. This is definitely the first time I have heard of sports betting sites that return your money when you lose. Why would a betting site do that? Is that even gambling at some point?

Maybe you are talking about losing but getting a small amount of your winnings back? Perhaps that could be seen as a marketing tactic to get more people to visit their gambling site.

In any case it sounds fishy to me and I would probably steer clear of that site. Might be a scam. DYOR.
2918  Economy / Gambling / Re: Vulnerabilities in gambling websites in past on: April 10, 2022, 03:38:05 PM


You are right, but mostly they will say that they have legal terms and say that they will not be sharing it with others. This is only for their own consumption, but still it manages to leak. This is really the problem now, but in order to signup and play on a gambling website, you really need to do KYC, and now I noticed that privacy is not that important to others since they don't care where they are sending their personal information. The only thing that we are like holding right now is really they terms and conditions about our data to make sure our information are safe
I never believed that they share our data and we start getting the ads dependent on our likes and interest. I noticed that real soon that I get the ads depended on likes and interest. For the moment I have deactivated my fb and insta accounts. To have some peace of mind.

Well you cannot really escape from the world of targeted advertising, no matter where you go in this world. Even in nature there are examples of advertisement. Or at least a kind of advertisement. A good smelling fruit is appealing to animals, animals eat the fruit, poop out the seeds. Their poop becomes the seedlings fertilizer. So obviously this is a good trade.


But as far as the human world goes: I think advertisement is also good but sometimes we overdo it. We go too far. We start annoying people.

Thats the worst part. The annoyance from bad advertising practices.
2919  Bitcoin / Bitcoin Discussion / Re: Is the society matured enough to handle privacy? on: April 09, 2022, 08:51:17 PM
Privacy is good and bad at the same time.  And what becomes of it is dependent  on who handles it and how the handle it.  So far many wants to have bitcoin  ditch  out  fiat not for the intent of  having total control of their funds but for the sake of funding illegal activities  online without  any point of trace,  regulations,  monitoring  or prevention.

I am not disputing  the fact many still have genuine  reason for going private which include bank frustration and restrictions,  withdrawal  limits and declaration  of assets and investment as claim for legal possession  of a certain  amount  of fiat in a local bank.

But with the insecurity  and economic  crisis hitting the world from all angle is it still safe to agitate for a complete  decentralized  society  ditching  the fiat for bitcoin.  I only see both existing  together  with more preference on decentralization  but my concern  is if man is matured enough to handle the innovation or are you also seeing the abuse  of privacy coming along with it

Obviously we have not matured beyond succumbing to the basic "instinct" of greed and corruption which is in all of humankind. It's just how we are. If anything, you can be 100% sure that people will abuse the trust of others if they can get away with it.

But if you think about it for a bit, you begin to realize that Privacy is called freedom. The freedom to be unbound and unwatched.

The cost of freedom is self-destructive behavior.
2920  Economy / Speculation / Re: Will Bitcoin's price stabilize someday? on: April 09, 2022, 12:55:58 PM
From where I am standing, the price will stabilize at its latest stage: Worldwide adoption. Up until then there are over 7 Billion humans who have not yet discovered the money of the future. So it will have a lot of volatility until that point. After that point it will still rise in price unless the human population stopped advancing and stopped procreating.

Same goes for the opposite. If people discover a money 4.0 then money 3.0 (Bitcoin) will become as useless as fiat is becoming now. So if that were to happen from one day to the other, then we might have a problem as Bitcoin prices would drop to maybe even 0.

This is highly unlikely though.
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