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2961  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: how to play well on: December 22, 2021, 08:09:44 PM
how i can turn 100 xrp to 1000 xrp

what is best game??
how i can play with low risk

How can I convert my money from 1 into 10? If anyone knows the answer to that then why would they share it on a random internet message board, they'd be busy filling their luxury yacht with supplies and heading to Monaco. Risk is directly correlated to returns, so if you want low risk you will most likely have to put a large and disproportionate amount of time into whatever grind you've got going on - like poker, it's possible to make money over time with relatively low risk if you understand the odds involved, but it will still take a long time for a new player to multiply their bankroll by such an amount. If you think that some casino is going to give away free money to random people, you're sadly mistaken.
2962  Economy / Economics / Re: To be financially well and healty you need to find fund manager on: December 22, 2021, 07:18:35 PM
Dont try to invest and learn hard ways with ur own money let everybody do their own thing let the someone who got all ready those experinces of loss will use his experince for your advanced.

Thats just a another simple ways to become wealthy ...our schools are quite useless they really dont tell you how you should do things proper ways.

It is proven that over 90% of actively managed funds will under perform a passive index tracker fund over long periods of time and you should be careful thinking that you can pick the 1 out of 10 active managers who might beat it. Actively managed funds also add on a heap of unnecessary fees and it is in their interests as management to see as much portfolio turnover each year as reasonably possible. You could lose out 2-3 percentage points each year, which over time will eat away at your potential earnings. Everyone who wants to invest in funds should stick with passive index funds that accumulate over time and have been shown over decades to capture the average returns of the stock market which is the best you should hope to get for little time investment.
2963  Bitcoin / Bitcoin Discussion / Re: Crypto.com Predicts 1 Billion Global Crypto Users in 2022! on: December 22, 2021, 05:35:17 PM
Crypto.com has published a report asserting that it expects one billion crypto users by the end of 2022.

Some excerpts:

According to Crypto.com research, there were over 292 million crypto users worldwide as of 30 November 2021.

[...]

Crypto will become a fixture in the alternative asset class for investment portfolios. The first crypto ETFs launched this year were met with demand beyond their capacity, suggesting that more crypto instruments in the mainstream finance industry will soon follow.

[...]

On the technical side of things, the crypto industry will have to scale fast to meet its exponential demand. Cross-chain DeFi protocols will become the norm, paving the way for a multi-chain future of replacing the siloed chains of the past.


It was a big surprise to see Crypto.com advertised so prominently on the last Formula 1 race of the championship, so they're certainly pushing it out there. However it is in their best interests to hype up crypto because they're earning a huge amount from fees for relatively low input - hence them having such a big marketing budget. At present lots of people are becoming more wary of crypto rather than embracing  it, with some European countries pushing for it to be banned due to environmental issues. Until there is more clarity on that then people may stay away, and if any bans in Europe/North America were enacted it could crush the price of Bitcoin short term.
2964  Economy / Gambling discussion / Re: Nigeria Local leagues on: December 22, 2021, 05:27:44 PM
I have been looking for a thread on this topic Nigeria as Africa most populous country and the giant of Africa has several football team/clubs who play both local and international matches with local leagues, so am looking for a casino website where it features Nigeria leagues to place some bet.

I'm sure there will be some small niche sportsbooks which target the Nigerian market, but there is good reason that most of the large ones only target the established leagues in places like European - corruption. There is corruption in every country, but it is more rampant in some country than others. Sportsbooks have a lot of their own money at stake, which is why they tend to offer bets on only the biggest games, because the footballers and officials involved are more highly paid (less likely to rig it) and most are televised which deters cheating which is usually quite blatant. The highest level leagues in Nigeria are probably safe, but as you drop down the leagues it'll be more easy to throw off a game to get a favorable result and a huge payout from sportbooks.
2965  Bitcoin / Bitcoin Discussion / Re: Do you think crypto is going to replace the dollar? Jack: Yes, Bitcoin will on: December 21, 2021, 09:16:42 PM
Twitter 21/Dec/2021 https://twitter.com/jack/status/1473089482576564225


Cardi B@iamcardib
Quote
Do you think crypto is going to replace the dollar?

jack@jack
Quote
Yes, Bitcoin will

Anyone who thinks this is possible has a poor grasp of the scale of the US economy and how Bitcoin is simply incapable of handling the volume of US dollar based transactions that take place each day. Repeating the message without any further substance to add kind of makes you look like a fool as well. The US dollar may very well be replaced in future by some other currency, but in the foreseeable future it would only be another fiat currency that a government could control, and that is probably a century away anyway. The US government gets a huge benefit from being the reserve currency of the world, so if this laughable suggestion ever did seem like it would become reality then banning Bitcoin in the worlds most diverse economy would likely make it near worthless anyway.
2966  Economy / Gambling discussion / Re: Are you going to try this free to play platform? on: December 21, 2021, 09:03:13 PM
According to the news headlines, Maximbets is all set to launch Free to Play platform for people in time for the college bowl season, they want to make customers experience all the fun, plus they won't even have to pay anything, not only that :
There will be other prizes and rewards available
The platform is developed by splash tech
It's a collaboration between, maxim and carousel group!! I do think this is a bit exciting news for everyone since we seldom see such big offers being made in the community. Therefore you must try it if they are legal in your region.

Source : https://www.gamblingnews.com/news/maximbet-launches-f2p-platform-maximbet-play/

(The college bowl game starts on December 28th and players will be making bets on the teams)

I never quite understand the purpose of these free to play casino simulators - the only fun element involved in playing slots or similar games is the chance to risk a small amount in order to turn it into a much bigger amount. It's like the poker app zynga from a few years ago, it could teach you some basics about poker but there are so many people throwing their virtual chips all in without understanding the game that you're not really learning how to play it competitively. If I want to play games, it'll most likely be something interactive with cutting edge graphics or a strategy element involved, rather than a rather repetitive game with likely very rare prizes or payouts (where will they get this money, they're not a charity?)
2967  Bitcoin / Bitcoin Discussion / Re: No..China Does NOT Have 0% of the Hashrate on: December 21, 2021, 08:54:20 PM
If you recall back months ago, news outlets were touting headlines regarding China having a 0% share of the global hashrate.

https://en.cryptonomist.ch/2021/10/18/bitcoin-mining-china-hashrate/
https://maxbit.cc/bitcoin-mining-china-now-has-0-hashrate/
https://coindesk.cc/bitcoin-mining-china-now-has-0-hashrate-50346.html

Even the University of Cambridge's Cambridge Bitcoin Electricity Consumption Index shows that China is not mining anything.

https://ccaf.io/cbeci/mining_map

When I had first heard this news I was quite skeptical. I just couldn't believe that there was nobody mining bitcoin within China's borders.

Data from a Chinese cybersecurity company Qihoo 360 estimates an average of 109,000 bitcoin mining IP addresses active daily in China. This is a whole lot more than zero. The miners that remain, though, are smaller-scale projects that did not find it feasible to just pick up and leave. They did not have the luxury of packing up on a helicopter and shipping their operation to Kazakhstan as did many of the larger-scale miners did.

The same cybersecurity company also stated that as much as 20% of the world’s bitcoin miners are estimated to still operate within China. The provinces of Jiangsu, Zhejiang, Guangdong, and Shandong are where the majority of these miners reside. Or at least that's where the connections are being made from. I struggle to imagine the amount of hoops such operators would have to jump through to ensure a safe operation.

The report states that many of the miners are able to take advantage of their small size and spread out their operation across multiple sites to ensure none of them stand out from the others. They are also using electricity sources not connected to the country's grid such as dams. Furthermore, miners have to work with foreign mining pools willing to sign them up despite the ban.

This goes to show you there is absolutely nothing anyone/anything can do to keep people from participating in our decentralized network.

Sources:

https://mp.weixin.qq.com/s/E3MzWQ-XT55wIC7S8FYD7w
https://www.cnbc.com/2021/12/18/chinas-underground-bitcoin-miners-.html

I think the more important point is that China has progressively stopped Bitcoin access over time. First it went from "this is profitable to a small part of the Chinese economy and we can keep an eye on it", to "we have energy shortages in other sectors so need to stop this activity" to "Bitcoin might actually be bad for the environment and also give dissidents an ability to evade Chinese government repression". Just like how it is banned in Russia - there will be small scale operations, but it is nowhere near the industrial scale utilizing the entire energy from small power plants to run an operation type mining. The Chinese authorities are pretty good at suppressing internet activity so if they decide to have a crackdown in future then all these small scale miners will be wiped out because it's illegal - there may have been moments in time when the number was much lower as people were scared of the consequences.
2968  Economy / Gambling / Re: Betbroker365.com | Online Brokerage for Sportsbook, Casino and Poker on: December 20, 2021, 09:05:29 PM
This looks like a rip off associated with:

bet365crypto @ https://bitcointalk.org/index.php?topic=5375429.msg58622097#msg58622097

People need to stay away from this site and anything connected with the handful of shill accounts this person has going. They are an amateur operation trying to make money from the Bet365 brand but have no association. Scam at worst or getting shut down by one of the biggest betting companies in the world for trademark infringement at best, either way - people are going to lose any money spent on these sites.

It's ridiculous for a new start operation to claim to have licenses in multiple jurisdictions and it's a clear indicator they have no clue how to run such a site.
2969  Economy / Gambling / Re: bet365crypto.net - Crypto bookie on: December 20, 2021, 08:50:13 PM
Hi, what is your experience with this bookies? I see that you can bet big amount. You can have VIP limits on VIP accounts. Do you have experience.

Thank you

This looks like a disaster waiting to happen, a scam at worst and a website that will get wiped out of existence when they grow big enough to see the attention of the real bet365. The OP needs to be banned quite frankly and any mention of this site prevented from being linked from the forum in future, however it is unlikely the staff will do that. The only reason people use domains like this is to steal the honest reputation of the original casino and pretend they are somehow connected or offering a cryptocurrency version of the big brand name. Nobody is going to have a good long term experience with this site, you can absolutely guarantee it - you should be ashamed of yourself.
2970  Bitcoin / Bitcoin Discussion / Re: Xi, Putin wants Bitcoin without wanting Bitcoin on: December 20, 2021, 08:46:10 PM
Quote

BREAKING: Putin and Xi agreed "to set up an independent financial infrastructure to service trade between Russia and China" which will be designed to be "invulnerable" to "pressure from third parties."




BREAKING: Satoshi Nakamoto has already invented what Putin, and Xi’s independent infrastructure to service trade between Russia, and China. Another way of saying, “we don’t want to be censored by sanctions”.

I believe it was also China itself that has proven that Bitcoin is invulnerable to pressure from third parties. Cool


Hmm, this seems like a case of wishful thinking and misinformation. Putin and Xi in no way want a currency that is outside of their control, because it allows any of their subordinates to escape their grasp with much lower consequences when they cannot control a persons individual finances. What these two really want is to disconnect from using the US dollar as a reserve currency because it gives America great leverage over them in economic sanctions. However realistically the economy of Russia has very little to offer China outside of national resources and the ability to potentially sell them land in future (highly unlikely). China is always looking to get an advantage and will happily take Russia's resources at below market rates, the majority of the money of course will end up in the hands of Oligarchs instead of the state treasury.
2971  Economy / Economics / Re: Dont just borrow money but for the right reason on: December 20, 2021, 08:01:50 PM
Metaverse is place u invest go to ur bank ask as much you can or sell your assets and start investing in metaverse.
Metaverse will be in 5-10years where btc and crypto was 5-10 years ago.
Sure u can use your own money without loan but under 100,000$-300,000$ minimum ammount no point.
You want to invest to change ur life for under 500,000$ profit no point even to act.
-snip-

It's hard to take investment advice off someone who struggles to construct a logical thought chain or who is so lazy when writing they use "gona" and "ur". You might be on to a nugget of a good idea, but it's ruined when you get so carried away with your idea. 1) It seems like it might be a good idea to start looking for possible investment ideas based around the metaverse that Zuckerberg wants to pour money into, but should be thoughtful research and can be abandoned if needed. 2) You should try to avoid borrowing money for such speculative investments unless you're familiar with stocks and the extremely high risks involved, you could end up very far in debt which makes it hard to start again. Debt is a shackle, unless it's a low cost mortgage then aim to avoid it at all costs.
2972  Economy / Gambling discussion / Re: Motosport General discussion tread --- Formula1, MotoGP, WTCC, ETCC, DTM..... on: December 19, 2021, 10:00:26 PM
According to some rumors/speculations Bottas can go back in Mercedes in the case of Hamilton will choose to retire himself from the F1 after what happened the last week.

If will happen I think he will be the second driver of the time with Russell captain.

Hamilton has been in the sport a long time and was probably good to go after this season. However he has been a lot more "political" lately and it does give him a good podium to spread any sort of message like that, whether he's doing that just because he's gotten older or because he does not fear any consequences is another question. He might want to go another season in order to try and walk away from F1 with the record setting 8 championship wins, it would also act as a bit of revenge against Verstappen and break up any potential winning streak that he might want to setup into the future. Hamilton clearly got unlucky with timings and a lack of tire changes, because he was able to pull away into the lead twice.
2973  Economy / Economics / Re: Not correct news about omicron and eu stocks on: December 19, 2021, 08:21:14 PM
https://www.cnbc.com/2021/12/17/european-stocks-set-to-pull-back-as-omicron-concerns-persist.html

Queto: "European stocks close lower as omicron, inflation worries weigh on sentiment"

This is now example that to be journalist you dont need to write things what making sense.
How the hell they can write even that kind of thing ??

If there is inflation it means supply of money is higher and assets are less supply even every f..7 year old kids will know that inflation makes prices of the assets going higher.
How can you even say something like this ...this proofes once again the knowledge and proper things are really not needed.

And those investors....who have worries about inflation they think stock will go lower ....if they have that fear they shouldnt be investing anywhere if they cant even undetstood simple things about how it all works.

Would be funny to read if there will be low supply of money lol...and deflation they will ouuu...stocks will go higher now.

Im sure this place about finances and money one of the cnbc workers or other wall street shills will read my topic shame on them.

We all have just one question now:
Are they write on publick website this kind of funny nonsense on purpose or they really have no clue about how the fundamentals of the markets works.

Merits for good one tnx brothers and sisters

It's really difficult to make any sense out of what you're trying to say. Stocks do not only move up and down based on the level of inflation or interest rates of central banks. Those are part of the macro picture but do not constitute the whole of it. The world economy bounced back quite quickly after Covid but we're seeing countries like France/Germany lock down again which can create further supply chain issues and lead to more inflation. The best and only way to invest is to put money into solid companies for the long term, while forgetting about short term fluctuations. If you want to chase stocks with no earnings then do not be surprised if the bubble pops in times like these.
2974  Economy / Gambling / Re: betflip.io does not pay me even my deposit amount on: December 19, 2021, 04:34:27 PM
I wanted to try out these guys but sent by mistake a substantial deposit (10mbtc instead of 1 mbtc) . Waited for 3 weeks to expire the bonus which had ridiculous rollover requirements. Then I was asked to rollover my deposit amount 1 time with odds of 2 or more which I completed. After that I placed a withdrawal request on the same amount as the deposit. They keep rejecting it. On live chat I told them that I did not want any winnings (5 mbtc), just my deposit amount. First they tell me to place the withdrawal again but then reject it 5 minutes later... Please do not make my mistake to try them out...

There are so many resources out there that can be used to find out if sites are a scam, that there's little excuse except greed for falling for them these days and you might just have to take this as a lesson for the future. I am wondering whether it really was an accident, or whether you were trying to take maximum advantage of any special bonus offer that they use to entice new victims. Sorry to hear about your loss, but you really need to be more careful and exact with the amount you are depositing, especially when such large sums of money are involved - it's just sad that these fake casinos can lure so many people in for such a long time, it'd be nice if the domain registrar seized their domain for fraud but it might require a court order.
2975  Other / Off-topic / Re: Thoughts on the Metaverse craze ( for concerts ) on: December 19, 2021, 04:22:10 PM
One thing about the Metaverse: I think it will work for some things... not for others. Example: I checked out the Ariana Grande thing on Fortnite... WTF was that ?!?! The whole thing just felt like a video game or some kind of a barbie adventure quest. Is that what people want ?!? Personally, I'm a guy and also happen to be a musician so I want to see Ariana ( the real Ariana, not some 3d Barbie doll ) sing, look sexy in her cute costumes, flirt with the public, interact with the other musicians, dance , talk to the public in japanese , etc. The nice graphics and all that ? Maybe for a music video ( even then, I prefer the real Arianna as we can't make CGI sexy yet ). True that we can't put 2 million people in a concert hall , but we certainly can stream the video concert on PPV ! ( or sell the DVDs ). So I'm not sold in the whole Metaverse thing for concerts, I don't think it works for boybands or boy singers either... most teenage girls want to feel close to their idols, occasionally jump onstage to hug them, and sometimes even get a free backstage pass to hang with them.

It sounds seriously gimmicky and very cringe worthy, I think the only thing enabling this sort of content these days is the fact so many people have medium/high end PC's to cope with graphics and the infrastructure to host it has improved. These virtual worlds have been created in many iterations over the years and it seems very similar to the virtual world called "second life" that probably got furthest along this track years ago. However it is nothing like the physical real world experience, it is all so fake and over hyped, maybe partly because Covid has taken away so many abilities to socialize we're seeing this come to the forefront - but these virtual experiences always end as a flop.
2976  Economy / Gambling discussion / Re: Playing with dices on: December 19, 2021, 07:33:53 AM
Hi,

Let's get straight to the point.
We have all played the coinflip at some point in life. And we all know the martingale strategy does not work at all in the long run.

But, I decided to use a dicebot and run it for fun and after 1 million bets the bankroll went bust several times.
So I made a script using tampermonkey that saves all the earnings in a vault so that when it eventually went bust the winnings would not be affected, meaning the bankroll always stays the same and you can never lose your earnings.

Since the martingale system was a no go, I decided to use another pattern which to my surprize performed much better than the martingale.
Then I ran a couple million simulations and found that the max loss in a row rarely exceeds 15, so I decided to take the loss at 16 losses. And with a bit of luck you will earn the money back.

I'm betting 0.0005 dogecoin as a basebet, so as you can imagine it doesn't make an awful lot of money short-term, but 150-200 dogecoin a day isn't that bad. I'm building up the bankroll so I can bet more and more with time.

I'm not a genious when it comes to math, but I'm using 150 dogecoin as "the bankroll" every day. Meaning if it does go bust I have to make up for it with some of my earnings vaulted.


If someone wants to do the math or help me with the script or the project itself I'd be happy to share everything with you.


I've never played coinflip at any point in life, as it's just not that entertaining giving money to a game that is rigged to take all of your money over the long term with no way for the user to influence that outcome. You think that extending the amount of plays to a million will somehow work in your favor, but it's actually the opposite that takes place - the longer you play the more guaranteed you are to lose money to the house advantage. Imagine it another way - the game could has a 49 percent chance of you winning a hand and a 51% chance of the casino (aka "the house") winning a hand, out of every 100 hands played the house will win 2 hands more than you. These two hands are to cover costs (for running the game - design, support staff, security, hosting, etc.) and profit. You will never win with any sort of "strategy" in this type of game, because there is none.
2977  Bitcoin / Bitcoin Discussion / Re: Bitcoin search results spam using DuckDuckGo on: December 18, 2021, 02:56:53 PM
Someone has figured out a way to spam DuckDuckGo, making it so that searches for topics related to Bitcoin come back with hundreds of sites all linking to -

Up until now, I had a strong preference for DuckDuckGo over Big Brother (Google), but now it has become useless.

Any suggestions?

Hmm, how long has this been going on? If it's just a day or two then maybe cut them some slack and a little time to fix it. I remember that even Google was attacked in this sort of way in the past and it must take a lot of effort to fix these things. It's the holiday season, which the spammer probably targeted intentionally knowing that there is less staff around this time of year to make big changes, so that exasperates the situation. We need more competitors of that grade to take on Google and Microsoft who have abandoned all pretense of trying to protect the consumer in return for profits, these smaller outfits need all the patience and help they can get within reason.
2978  Economy / Economics / Re: Mortgage are most wrong financial decision you can make on: December 18, 2021, 01:08:17 PM
Lets do the little calculation why
You buy house or apartment with total 300,000$
You have to put down payment of 15-30k ...wich is all ready bad.
With this 15-30k you can make more money in 1-2 years by investing it  on gold stock IPO usually 5x-10x return of good ipo if u buy before listing.

With crypto u can make easy one year 100k of this if you divide this money small percentages. And buying  dips of btc and some othet good coins.

You seem quite naive and suffer extreme tunnel vision when it comes to cryptocurrency. Property has been an incredible investment for hundreds of millions of people around the world, not only that - it gives them a place to live. People are putting a downpayment of 10% of the value, borrowing at 1% in some cases and the value of the asset is increasing by up to 10% per year - that is an incredible investment that is extremely safe compared to any sort of stock market investing with comparable returns. You pick random figures out of the air like making 5x-10x in a couple years is easy - if it was so easy then money would quickly be devalued and everyone would be doing it. It's not possible to make such returns without extreme risk that many people cannot afford.
2979  Bitcoin / Bitcoin Discussion / Re: If I had bought bitcoin 10 years ago, I would have been a millionaire: Not true on: December 18, 2021, 09:06:47 AM
The reality is that they would not have been able to hold for so long even if they bought 10 years ago. Very few have the patience to wait till 100x or more. Most of the investors will be sold at the idea of 2x or 3x itself. Some of the people that were able to hold for so long were those who had invested and then completely forgot about it. There is one more category of people who had complete trust on BTC and thus they stick with it for years.

Ironically this is similar to the strategy that one of the best investors in the world suggests as a strategy for stock market investing - don't buy into something unless you're willing to hold it for ten years (or be unconcerned if the stock market closed tomorrow for ten years). Another similarity is the best investors in funds have been proven to be dead people - they didn't buy and sell unnecessarily so had the best returns. You're right though, most people could never have predicted the heights Bitcoin would reach in the mania of the last couple years and would have likely thought selling at 5k, 10K, even 25k would have been good. It would still have been a major return on investment however and that is the right way to look at it.
2980  Economy / Gambling discussion / Re: Betting to Risk Free Fights on: December 17, 2021, 09:17:44 PM
Me too, I haven't heard such thing as risk-free betting fights especially in sports like boxing not unless you are going to bet on a fixed kind of game like exhibition bouts that was just made to hype the game and to earn profit. Lucky are those who can have the right combination or scorecard because probably they will be one of the winners betting on that sport. But then, there's no such risk-free even in trading or in investment or even in simple making our life decisions because there will be pros and cons to every situation. 
I don't have thought about such fights and bets too. But what I know with these are likely the sold games and only a few people know about it. A fix match it is.
But are they still a thing these days? Probably to the amateur matches, they are still there but for the pro and big fights, hard to find out about them.

This kind of fixed matches in only available on local leagues but not on international league like boxing. I believe the main point of OP here as risk free match are those wrong odds put by bookmakers to an athlete with a better standings to the other one. Not totally a risk free, He just exaggerated it that's why this discussions became so long for a topic that doesn't exist. Either way, Fixed match nowadays is very rare and easy to caught due to good camera vision and many analysts following every players.

Nobody who is fixing matches is going to allow that information to get into the public domain, because either one of two things will happen 1) the odds will be adjusted to nullify the fact that the match will be fixed. 2) the match will be cancelled along with fighter being excluded from the sport in future - shutting down a potentially lucrative income. The reason people fix matches is to make large amounts of money, which will not happen unless it stays a tightly guarded secret. Lower league matches will rarely receive any odds from reputable bookmakers because it is simply too easy to corrupt the fighters in this way and it can be hard to prove.
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