All I have known is that people that won so big are publicized and people know them from there.
That is dangerous, it means no privacy and people that are known to the public can be the victim of robbers and there can be physical attacks from robbers in order to steal from the winner. That is not all, even if there is no physical threat, people like me and some other people on this forum can be afraid, feeling unsafe of attacks.
Can you specify what country or physical casino is that? Afaik even at physical casinos, they won't just publicized your identity without your consent. They know it will be dangerous because criminals can target not just you but also your colleague or relatives, I do not expect gambling sites to be publicising this kind of news. Will gambling site ask for the permission of the winner for the winning to go public? Or the winner can just be anonymous in a way his name will not be mentioned?
I haven't heard of a gambling website reveal their user's real info before. They will never ask for it and only use your account username if they are going to post it on their social media that you raked a huge jackpot.
|
|
|
But there is good news its best time to start trading becouse exchangers will be full of funds even the other life fields are out of funds such us energy sectors or health care.
People will save money as much as possible to survive during an economic crisis and you're just putting them in financial risk if you advice them to start trading. We know that it can be a good source of income online incase a recession happens but ONLY if you have the proper knowledge to do it. Cryptocurrencies are extremely volatile and learning how to trade them requires years of experience to become profitable.
|
|
|
That's just my thoughts. Maybe by 2024, unless all hell breaks loose.
It's hard to imagine how bitcoin will reach $300k by 2024. I mean what kind of investors or news will be the catalyst for it to soar that high. There are no signs yet of global adoption and government are still skeptic about considering it as an asset. Breaking its current ATH at $69k is what I think probable to happen on the next bull cycle.
|
|
|
is there a way to handle it?
As long as there is a corruption in the government, economic growth on a country will be difficult to achieve. Like here in our country, there are many organizations proposing a solution to reduce imports and combat the inflation. Many of the government officials are against those solutions since they won't get any kickback from it. Local farmers are not properly subsidized and being taken advantage where their agricultural products are being bought for a very cheap price but sold expensive when it reaches the market.
|
|
|
Please share your personal experiences on how people in your country are preparing for or dealing with a recession.
With the continuous weakening of our local currency and continuous climbing of inflation rate, people here don't care anymore if a recession will happen. I live in a 3rd world country so most of the people here just go with the flow on their daily living. Minimum wage is not enough to sustain oneself since prices of basic commodities have shoot up to the point that whatever saving techniques you do, it is not enough. Only the people that belongs to middle-class and above are able to prepare if a recession is bound to happen soon.
|
|
|
Even though adoption is continuously growing, I don't like the idea of crypto being discussed into schools. It's not necessary to go that far if your only purpose to integrate it is just to spread awareness. Internet is already enough source to learn about the fundamentals of cryptocurrencies. Cryptos are also very volatile so it should not be discussed hastily on students that don't have any idea yet about investing or entrepreneurship.
|
|
|
If food shortages and price inflation hit. Agricultural HODL could become a viable business strategy.
Reading this first, I thought OP was asking about hoarding agricultural products. Shopping in a supermarket we can see that almond nuts can sell for $10 a pound. When I see this, I wonder to myself how much time and energy would it take to grow 10,000 pounds of almonds to profit a cool $100,000. Does rain, sunshine and the tree do all of the work? If food shortages hit the price of almonds and other food assets could rise dramatically. Instead of $10 a pound. We might see $15 or $20. Profit margins could swell significantly due to circumstantial conditions. As we have seen with other markets posting record profits correlated with price inflation.
Growing crops is not as simple as that like what we get used to on farm simulator games. There are a lot of things to consider before planting food crops and sell it to make profit. If you don't have the proper knowledge about agriculture then you will need to hire someone that will assist you and that will definitely cost you money. Add to that are seedlings and pesticides used to maintain those crops until they are fully grown. You will also need to pay some farmers or machines when you planted them or ready to be harvested. You should also consider the risk of being hit by some weather climate that is not good for your crops.
|
|
|
Even the pet industry can't escape the threat of recession. Here in my place, some pet shops have closed this year because customers going to them have decreased a lot. It's also hard to find now a store that sells food only for animals like dog, cat, or bird. People that have pets on their households just feed what they eat to their pet and doesn't care anymore if it's good or bad for them. Some even resorts to leading their pet astray just to be able to cut their spendings.
|
|
|
However, I believe that if the problem of corruption can be addressed at a young age, every country's degree of corruption will significantly decline in the near future.
As long as there are no strict law to punish those corrupt individuals, corruption won't be solved properly or even decline. The thing about corruption is people continues to tolerate it as long as it will benefit them also. They will do it even if it means troubling the people around them.
|
|
|
First, in your opinion, what would be a reasonable amount to give his girlfriend?
I read the full story on OP and if I were the man, I would just let her leave me and continue to boost my business using the amount I've won. A girlfriend like that is a red flag if you're looking for a lifetime relationship. She's just your girlfriend, you're not yet obliged to give him a portion of your winnings if she asked to. You paid what you borrowed so you have nothing to owe her anymore. Second, assuming you were the apprentice in the story, would you abandon your training or would you have given in to the pressure to split the money with your boss?
If I were the apprentice, I would also do the same as the 1st story, I would abandon my training and leave that dojo. You don't owe anything financially to your boss. As long as you don't have debt to him and paid properly those training courses then you don't need to split the money. A small amount that you're willing to give that will serve as a consolation for your experience there is already enough to give to your boss.
|
|
|
The casinos are not blocking normal accounts that are not misusing the faucets or the bonuses... they are blocking accounts of people that are using Bots or multiple accounts to farm those faucets or bonuses.
Gambling websites are strict when they provide some faucets or bonuses for free for their users. They will keep track of their users' ip addresses to see if they are using multi accounts to abuse their system. I've been using my one and only account on freebitco.in many years now and it's still alive even though I never deposit any amount and just use the satoshis coming from faucets to bet on their hi-lo game.
|
|
|
What's your favorite thing to do when you get a bad loss?
Moving on after a bad loss in gambling is kinda difficult if you were hitting win streaks before that. When I'm going through that moment, I just turn of the computer then go to sleep to forget it. If it keeps bothering my mind I try to watch anime or go to youtube to find some relaxing videos. Sometimes I also play computer games if my friends are available during that time. The most important thing about a bad loss is we don't chase losses from it. There are gamblers that can't control themselves from depositing more since they can't accept what happened.
|
|
|
-snip
If I manage to win that huge anount, I would immediately stop playing and control my adrenaline from playing more. $50k is already a huge amount if converted to our local fiat which is equivalent to almost 3 million. I can already buy a fully furnished house and have a business using that amount. I won't live a lavish lifestyle and also avoid telling to many people that I won a huge amount from gambling because they would definitely ask for some money to lend them.
|
|
|
My question to the Bitcointalk community is this one: if it were up to you, would you keep the current status quo and have crypto casinos brand themselves as no KYC, only to ask for identity verification during withdrawal requests or big wins, or would you rather be required to complete KYC during the registration process and decide there and then whether you want to do that or not?
Please submit your votes in the poll, and share your thoughts below.
It would be better to only ask for KYC during withdrawals. Not all players will deposit immediately a huge amount when trying a new gambling website. Most of them just want to explore and see if the platform offers a feature that can only be found on that particular website. We can't also assure if their platform is proven to be a reputable one so completing the KYC immediately is kinda risky for me.
|
|
|
Would you be influenced by your favourite Celebrity who you know gambles and one day happens to post the games he played, would you be influenced to play the same game?
Influencers/celebrities promoting a gambling platform became a trend nowadays since most of the people now have access on the internet. Same as trying new product, I would definitely try the gambling game they promote and I guess it's normal to be influenced by the people we idolize. It's also hard to resist the temptation of not trying if those people are showing some good gains.
|
|
|
Username: xSkylarx
|
|
|
Username: xSkylarx
|
|
|
Let's say you join a give away with other user and both have to select a number between 1 and 10, you go for 7 while he goes for 9. The winning number is 8.
If the prize is 0.1BTC what would you do? Split the prize and walk away with 0.05 or Reroll to gamble for the full prize?
I would split the prize if the other winner also agrees to it. Winning on a giveaway with a mechanics like that has very low odds and is almost similar in winning on a lottery so I don't think there is someone that might want to reroll again if it will also happen to them unless he's really a greedy type of person. You would just lose an opportunity of making some quick bucks if you plan to roll again.
|
|
|
-snip
It would be hard to find a casino these days that won't ask for KYC especially if you're a high roller. I have an account in blackjack.fun and I had to do KYC recently just to withdraw a small smount of profit. I'm curious if you played without having to do KYC there since you said that you were able to wager 200btc. Privacy is not an option now when playing on gambling websites. KYC regulation is almost mandatory on many reputable casinos as well as to those that are new platforms.
|
|
|
I know this may seem bizzare but I want to have a contest where unlucky players will benefit from it. Since we are talking about dice, why not make a contest on whose player will have the longest losing streaks. Make it a weekly event and there will be a prize pool alloted for maybe top 3 losing players. I've experience more or less 20 consecutive losing streaks before and I want to see how far can someone go like if it's possible to hit 50 lose streaks in a dice game.
|
|
|
|