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3061  Economy / Gambling discussion / Re: Genting Casinos awarded for their safer betting standards on: October 27, 2021, 11:28:41 AM
Well, it is useful in building up their reputation though I've never heard of it. Rather understandable since I just looked it up, and it's well, banned on my country lmao. I guess that's one of the reasons why they were awarded with the award, though following the rules should be something obvious when it comes to casinos.

Unfortunately the article doesn't say if this is a local or an international award and what assessment criteria have been used. From what I understood it seems to be a local one for UK online and land-based casinos but do you know what are those criteria? I hardly see what a brick and mortar casino could do to be safer for gamblers.
Doesn't it seem like it's international?
Quote
Genting currently is the only UK land-based casino to achieve this award, yet it actually represents a renewal of the accreditation, this being the second consecutive time the operator has been awarded it.
From the wording, you can denote that though you can also say that it pertains to a land-based vs online, though if I were to compare the two scenarios, I'd say the former would actually have the higher chance of being true. As for the criteria gamcare has it in their site, here you go.

https://www.safergamblingstandard.org.uk/how-to-apply/the-standard/
3062  Economy / Gambling discussion / Re: gambling addiction is getting real on: October 27, 2021, 06:51:24 AM
Close your devices, stand up, get a walk, breathe in the fresh air and you should be fine. At least, I hope that's enough for you to actually forget about gambling and relax. I've been there, and it wasn't really easy to actually stop so instead I just let my balance empty out for the day and plan out what I should do the next day, where my mindset is pretty much refreshed and reset. Nowadays I've pretty much set my own plan when I'm gambling so I rarely fall into scenarios where I succumb to what I want, since I've limited myself before it even happens.
3063  Alternate cryptocurrencies / Altcoin Discussion / Re: Proof that airdrops never work ... on: October 27, 2021, 02:17:05 AM
Well, Airdrops are something that companies do to spread their name but pretty much people can easily take advantage of it, and heck those companies don't even properly plan out their road map after the airdrop, which inevitably makes those tokens they released worthless. There are some airdrops out there that are good but they're pretty rare. It's pretty close to a one in a million chance imo. Worth the time? Maybe, but it depends on what you're actually spending your time with. If you're not doing anything, I guess doing some airdrops here and there is fine and all but honestly, you're probably better off doing something else.
3064  Economy / Economics / Re: BitcoinETF and the general direction of cryptocurrency on: October 26, 2021, 04:53:44 PM
I guess it's enough for most people to actually acknowledge and accept Bitcoin's existence as an investment instrument and as a proper asset. Though I guess it went a bit too far from its original goal of being used as a currency, I'd reckon this is still a step in future adoptions since it would still be acknowledged in some way. I do think it wouldn't affect the market that much though, those who really wanted to invest in Bitcoin should have already invested and really only those trying to enter are those who were against it in the beginning or are beginner traders imo.
3065  Economy / Trading Discussion / Re: Ban on Binance Futures on: October 26, 2021, 03:11:51 PM
Well the account should naturally be banned since you registered with it legally at first, I'd reckon Binance would actually remove or mark those accounts as legally removed since they were made with the mark of your country. You can try to create a new account while using VPN, I'd reckon that would work though you'd be stuck with the KYC requirements of Binance since afaik, Binance now requires KYC for someone to even deposit? Or was it withdraw? Afaik it was one of the two, and not being KYC registered severely limits what you can do afaik. Try to find another alternative, a new exchange I'd reckon.
3066  Economy / Trading Discussion / Re: For those who think that they caught the moment when it's late to buy on: October 26, 2021, 11:25:23 AM
Isn't futures something that most people recommend for experienced traders to use? I'd reckon those who actually regret buying late are experienced traders since most of them would have actually realized early on that Bitcoin was entering a bull run. Those that missed out are either newbie traders or people who actually fully believed that Bitcoin would not be entering a bull run.

Plus, I hardly think people who lost the right time to enter an investment would go into futures, they could've honestly gone in even before BTC went into a run but they didn't, I suppose that speaks in of itself already. Timing is everything in trading after all.
3067  Economy / Trading Discussion / Re: Weekend Trading, how do you feel about it? on: October 26, 2021, 08:49:32 AM
I don't think there's much difference between the two? There isn't much difference imo, and I've set my Sundays to be my break days when I traded so things might've changed though I highly doubt that. I still think weekdays are the go to days since those days are probably the workdays of daily traders and only those part-time traders would take weekends as their trading days. Though that's probably just in terms of volumes traded in each scenario, as for taking advantage of it to profit, I don't think there's actually much you can make out of it.
3068  Economy / Gambling discussion / Re: Fiat-betting to crypto+betting on: October 26, 2021, 07:42:41 AM
Excluding the fact that it's online which makes betting less of a hassle (and at your own comfort), crypto in gambling pretty much improved the transparency of casinos towards their results and also allows anonymity to a certain extent. The general idea of betting is still there, it's just that crypto (or online in general)  makes it much more comfortable and easy to access compared to the past. Plus, I'm not sure whether to make it as a positive or not really, but people who don't want their identity to be revealed can easily register without much trouble.
3069  Other / Off-topic / Re: YouTube channels hacked and rebranded for live-streaming crypto scams on: October 25, 2021, 03:52:34 PM
Didn't this also happen in the past? A lot of youtube live streames were hacked midway with crypto advertisements, I wouldn't even doubt if there were actually legit channels that were bought just to fake crypto advertisements tbh. Wasn't that also why Youtube (Google) banned some crypto accounts? Since they were some kind of crypto scams that were being released over the youtube videos that the channels have (which is supposedly false, but rather the cause was those hacked live streams).
3070  Economy / Gambling discussion / Re: 🕹️ Esports 🎮 Prediction & Discussion Thread on: October 25, 2021, 12:27:58 PM
Taking Gen G -1.5 @1.80 for today, I know they looked shaky during the group stage but still think their firepower and overall performance is still a level above Cloud9 and imo this will probably end 3-0 or 3-1 for Gen G. I also have a slightly bigger stake on Gen G series winner since i'm close to reaching the next reward on the clubhouse.  Grin
Gotta agree with the Gen G pick, C9 doesn't seem like they can actually match how Gen G plays right now, they may nab one game but that should be it. I reckon a complete 3-0 is completely possible for Gen G as long as they don't make any major mistakes. 15 minutes in already in Game 1 and Gen G is pretty much demolishing C9 right now. C9 is capable of turning this around though, they have a pretty good comp for a team fight if they manage to catch multiple people off and set up the fight with how they want.
3071  Economy / Economics / Re: Steam bans blockchain games on: October 25, 2021, 06:58:36 AM
Steam has always avoided games that involve in-game transactions between players. and I think banning blockchain games or financial games on the steam platform is a good thing because if it was too easy nft gaming would get a good platform like steam . and I'm afraid that if there are nft games that end up being a scam or fail, it will affect Steam as well.
Steam would simply be filled with various requests to publish nft games at that point imo, which is not what they want. They want quality games in their platform so as to help players be able to buy and enjoy games that they actually want. Still, I largely believe that it's mostly due to nft games being still somewhere in between when being judged as a game? Maybe if nft games were to continue developing, who knows, we may actually see them in there at some point.

I believe blockchain games are just legalizing something that is usually illegal in mainstream games. By the terms and conditions of online games you don't own your account, the game lends it to you instead, so everything you have in your inventory doesn't really belong to you. Blockchain games are fairer with players regards this subject, as you really own what you have acquired inside the game and can do whatever you want with those goods. I don't consider it a revolution, just a very welcome feature for players who can be finally rewarded for the time spent on those games (since repetitive grinding has always been a major part of such games).
NFT's are simply trying to build an economy, a REAL one that could be directly linked to the irl world instead of having their own economy inside the game. I actually want the concept of that economy since players would be forced to treasure each and every item, and game devs would be forced to think long and hard about the value of each item since they wouldn't be able to nonchalantly ignore its importance.
3072  Economy / Economics / Re: Former President Introduces Reason Behind Crypto Crackdown on: October 25, 2021, 06:05:49 AM
Well, it is true that Bitcoin is a bundle of both advantages and disadvantages at this point, but I don't think the reasons he stated were enough to actually warrant the banning of crypto in general. Though I guess the fact that it poses enough threat to actually damage their creation of CBDC's. I guess them banning crypto is actually acknowledgment in of itself of how crypto is actually helpful and useful for us users, but not for them who are the ones responsible for controlling the economy.
3073  Economy / Gambling discussion / Re: NO KYC Sportbooks? on: October 25, 2021, 04:59:22 AM
Nitrogensports and stake didn't ask for KYC when I used them back then afaik, so you can try them out. Though I think that's only in the beginning and you'd still inevitably end up with trying to comply with their requirements though, just like any other sportsbook out there. It does give you freedom early on though, so I guess if you're only trying to play for a bit, those could work. I'd rather avoid those that have completely no KYC tbh, since that's mostly a red flag in terms of the trustworthiness of that sportsbook.
3074  Economy / Trading Discussion / Re: Are you making money with BOTS or Copy Trading? on: October 24, 2021, 11:11:14 AM
Does hodling count? If not then no, though I did do copy trading way back when I started out. I was pretty ignorant back then so I decided to start with copy trading first then moved on to doing my own strategies in trading. I've also tried some bots but never really stuck to using them in the long run, they're a big help when doing many trades but that's about it, I had a hard time trying to integrate it with the way I trade in the end. Now I just hodl while trying to spread my portfolio.
3075  Economy / Speculation / Re: Why Does BTC growing faster?? on: October 24, 2021, 07:48:55 AM
I think its growth is pretty much capped already, it's just that people are actively looking to adopt its capabilities nowadays compared to when it first started. It's like having a good idea, but it isn't exactly implemented due to it being unknown however, once people start to get to know it and see its value, investors would simply just pop out here and there. It may have took 10 years, but it could also be said to have just took 10 years to reach where it is right now.
3076  Economy / Gambling discussion / Re: [BOXING] Logan Paul vs Mike Tyson on: October 24, 2021, 06:06:11 AM
Is asking who's going to win even a question? Mike Tyson is the bad boy of the boxing ring, and Logan probably wouldn't even stand a chance IF this was an official match. If this was a charity match though, well, seeing a staged fight isn't out of the picture imo. We've seen it happen in the past, after all, pretty much nothing is impossible at this point. Not that I'd talk down about them doing it, it's for charity and all but it wouldn't exactly be that interesting imo. Others might enjoy it though, it is mainly centered on entertaining people who would watch it since it is a possible exhibition match.
3077  Economy / Gambling discussion / Re: Going for the Underdog or Not? on: October 24, 2021, 05:05:40 AM
Uhm wouldn't you actually identify who's the underdog and who's the favored just from the odds themselves? That would ruin the premise of trying to say regardless of what record is better than the other since the odds themselves would be the best proof. Besides, in the first place, the premise of sports betting was trying to understand the players themselves in a way that would help you identify whether the person themselves could even win against the opponent.

Though answering your question, I'd probably go for the underdog. Though I think it would still depend on where it actually took place? Like if it's a big fight or not, cause if it is, then just the fact that an underdog got matched to a champion seems like it tells something about the underdogs skills.
3078  Economy / Speculation / Re: Some of my insights on the market on: October 23, 2021, 11:12:03 AM
Highly doubt we'll actually have a major correction, one would probably happen by the range of $90k or so, though I think FOMO would be enough to push it up to $100k by then imo. We've had that huge correction where we went back to what, below $30k even? The growth to the new ATH is quite natural at this point imo so we shouldn't hit one till there's another significant increase once again. A correction is actually the least event to happen imo, a steady movement would basically be the most probable to happen while the next would be the rise up to $100k. We've had a correction back to $60k mostly because of people that profited off of the recent ATH, though I don't think it would last that long.
3079  Economy / Trading Discussion / Re: Are trading platforms useful? on: October 23, 2021, 02:25:40 AM
I'm pretty sure most trading platforms provide the same thing, some even have a lot more features plus blog posts that introduce each feature with beginner-friendly advice and explanations. Plus, there's a lot more to learning about trading rather than just a trading platform, a site for your news sources, finding trends, etc, is still needed.

Haven't heard of what site OP was saying, and I don't think I'd ever actually try it tbh. Though rather than trading platforms as an intro to trading, tell your friend to try out virtual trading instead and start playing around with the stuff he knows, or even if he doesn't, at least he can familiarize himself with what actually happens when trading.
3080  Bitcoin / Bitcoin Discussion / Re: Bitcoin has died 432 times on: October 22, 2021, 12:40:56 PM
And has also revived 432 times? Kidding, it has never actually died imo, as long as at least maybe two-person actually use it, it would always be alive. It's a medium after all, even if a thousand haters show up, as long as it's core purpose remains and people still use it for what it's worth, haters would basically have no choice but to actually accept that Bitcoin isn't exactly dead, and their rants wouldn't do anything, at all. There are some of those probably, that have changed and have accepted Bitcoin for the better. Afterall, I'd reckon true haters would actually know the relevance of what Bitcoin is right now.
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