This is the worst suggestion I have ever seen. Demotion button, man are you okay? I think the current merit system of the Bitcointalk is the best one we have and there is no need to create something like that. I guess this thread of your shows your mindset regarding the high rank members of the forum.
Those who have reached Legendary rank have devoted most of their time on this forum and they have made many good posts which helped many people. And, now someone out of no where comes here and wants to have a system where those members may get demoted? It's going to cause even more drama and fights, nothing else.
I mean I understand the intent of OP, and while I don't want myself to get demoted or whatever, the thing is that there's a massive case to be made here. A lot of our Senior and Hero Members are falling short in terms of the quality of their posts, not to mention some of them even resorting to AI generation so they could get away with the effort that they're supposed to put in for their posts. A demotion feature is a good-to-have deterrent to give people a clear reason to keep the quality of their posts on check. But is it really necessary? I don't think so. The banning system of this forum is robust enough on its own to act as its personal deterrent against spamming and other nefarious activities, signature campaigns and campaign managers set clear goals and guidelines to push people to keep on creating posts that are well thought-out and not trashy, and it's got a good track record of banning legendaries who grew to abuse their powers and freedom of expression here as well. Matter of fact, the demotion button can be abused by butthurt retards who got an ass-clapping opinion rebuttal from higher-ranked members, or maybe even by trolls who just wanted to rile people up and hurt them, as what happened with the Trust System in the past. So yeah, what would've acted as a way to incentivize quality posting, could very well be used by clowns for their own good. |
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*Another topic I made on the other forum and I also wanted to share it here so we can discuss.I just found this article here: In 2013, Howells, from Newport, Wales, accidentally threw out the hard drive which contained 8,000 Bitcoin. Source: https://www.unilad.com/news/uk-news/james-howells-threw-away-bitcoin-ai-find-it-681168-20240224Though I've already heard of stories of people accidentally lost their huge holdings of Bitcoins but this guy is using AI to locate the missing hard drive that has 8k Bitcoins on it. So my question here; 1. Does AI really has the ability to track the hard drive given that it has lost 11 years ago? 2. How much do you think is the percentage of odds of finding that hard drive again using AI tech? 3. If that hard drive will be found in one of these days, do you think the Bitcoins inside it can still be recoverable using current technology? (Take note it's been 11 years on the ground if not being sold to junk shops by scavengers.) Anything that you can train AI with, AI can do it. that's the thing. So if an AI is taught algorithms to scour the internet and look for clues as to where they can find lost bitcoins/cryptocurrencies, by any means it would be made possible. However, just cause you found cryptocurrencies doesn't necessarily mean that it's yours, it's the owners, or whatever. The concept of finding lost bitcoins can be roped in with the concept of treasure hunting/spelunking. in most cases it's finders keepers, but if it's a lost item, the owner may show interest to reacquire such item. In some cases just like treasure hunting, the government can intervene and chase you along with the item you found (in this case cryptocurrencies) and own it for themselves. This isn't to mention the computing power that would be required to house an AI that would be able to process such hefty task with achievable time and progress. AI at this point alone is already costing the planet billions of dollars in operational costs and is already burning more fossil fuels than when people started to mine cryptocurrencies with their work PCs. What more would it be if AI is now taught to take on processes like these in the future? We need scalable energy resource solutions or else this wouldn't really be a possibility. |
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In the foundation of Bitcoin when listed china was also mentioned but when I read deeper I was surprised to see that Bitcoin was banned in china. The china government banned Bitcoin since 2021 now coming to see how the crypto currency (Bitcoin) has become powerful in the world of crypto now as many people mostly youths of some countries now see it as an investment very interesting and how it has helped many, the citizens of china sometimes I ask myself if they would be pleased to see one of their achievement helping others and not them. Gagon said he didn't see this ban as something concerning Bitcoin at all rather he sees it as politics, currently this ban I think has been lifted and Gagon sees this as an infrastructural development to the economy of china. Now when you say economy it is something that has to do with the government of a country as well. my question?. Is the china government now encouraging it's people to mining of cryptocurrency (Bitcoin)?. Will this Bitcoin add to their economy development because I see something like 10% of all miner revenue. It says it is important giving the coming Bitcoin halving event. What will this miners revenue contribute to the economy?. https://cryptoslate.com/bitcoin-minings-silent-comeback-in-china-according-to-industry-insider/ if I'm not mistaken, they never really lived down mining, even when it was made illegal by the Chinese government, what happened instead is that they kept on using mining equipment, even went so far as to make sure that GPUs manufactured and sold within the country is made less powerful against their counterparts in the US to make sure that they don't use it for mining, and yet they still do. I've also seen a lot of people in the Chinese territory be adamant about using cryptocurrency, and this is despite the efforts made by their government to illegalize its usage and proliferation. So to say that they are back to mining isn't really true, they never stopped. It just so happened that now the cracks behind their covers are becoming more visible and they are becoming even more exposed, allowing people even from those outside their vicinity to know that the jig is up. Sooner or later China's going to relent and either allow cryptocurrencies to a minimal degree or outright allow its usage. They are no longer in the position to act all high and mighty especially as their rate of production declines and the Chinese Yuan loses its value against other superpower currencies. Not to mention the fact that most Chinese tycoons are now looking to create business and money outside of the country. |
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The thing is that just like China, the Indian population is primarily comprised of untilled lands and undeveloped city-scapes, but that was 10 years ago, and as of now China has developed their country to become one of the fastest producing countries in the planet, so much so that the "made in china" tag has been a staple for a lot of our products over the years. Catching up to that is going to be a little difficult considering the fact that the Indian population's still pretty much underdeveloped, let's be real here.
India's on its way though, I've seen news about them pushing for even more commercialization and urbanization of some of their territories to offer prime real estate and Indians are on the way to become one of the most efficient workforce components as of date, in some cases they even body some of your local employees in their specializations. Ever heard of how efficient indians are at cold-calling and call-center experience?
Only problem at this point is the mismanagement that some companies in the Indian peninsula is performing against their employees, which in turn forces these efficient workers to either move out of the country or resort to a life of scamming and crime, not to mention the deep-seated roots of caste and prejudice within the country which stops people from working hand-in-hand to develop the country's economic sector. Once that's taken care of (and honestly have their insights about hygiene be kept on check as well) I can see India becoming a more favorable country to outsource workers and products to.
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It's serious the usa are in situation to default but nowhere info?
The news should look this," people we are in the real trouble and we are about see huge financial collapse and fed having the problems no easy fix "
I mean news are full of other news wich is not even so important compared with this one.
The USA financial system is now close to collapse we are few days away from default.
In this case only way untfortunately will be full scale war.
The amount of debt ....it can not be balanced out with small crisis.
Not sure which rock you're living under these past few years but there has been a surplus of information about USA's economic situation in the past up to today. This is the only reason why we know that the US is in shambles and why they of all things changed the definition of recession to fit their narrative and not get punched in the gut by the IMF and the countries that they took out loans for. It's the reason why we know that the US just increased their debt ceiling a few years ago, and why as of now they are still scrambling to find the money or perhaps manipulate the laws once again to evade paying their loans out. Perhaps look into more reputable sources instead of looking at Tiktok or whichever Facebook Echo Chamber you're at right now so you can know for sure that the news you're getting is trustworthy and not fabricated? Maybe that's the reason why you think there's been lack of news lately about the economy of US. If that still doesn't work for you then go out there and be more vigorous about looking for us economical news. 9 times out of 10 you'd find updates and scoops about it with a simple google search, most of them in real-time too so you know that you're getting the hottest updates about their financial situation right now. |
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First off, I must say that Education is very good and i don't dispute the fact that it's very vital and necessary for human development, it can put you in a position to be successful no doubt but being a graduate is not a 100% guarantee for one to be very wealthy, one can be very sound academically but lack some basic skills of acquiring wealth. Also one can still have some good knowledge of certain skills but if there's no zeal or self confidence in earning a living through it then your education on those skills can be said to be a waste since you ain't making effort to earn from it.
Also I've heard several people complain about having good grades, being 1st class graduates but find it difficult to secure good paying jobs, imagine someone struggling to achieve good grades in the university but find it difficult to earn a living and at the end settle for minor jobs while there are many dropouts with good skillsets as well as being creative and think outside the box, and are bosses of big organisations and companies.
Well it's not basically about being educated or graduating with the best grades that makes you wealthy, it's about determination, being consistent and also persistent cause success and wealth are not achieved in one day or immediately after graduating. In as much as you have good grades, you must still improve your skills, not only job skills, marketing or management skills but your critical thinking and problem solving skills.
It's a dog eat dog world out there, you can't expect to find your place as soon as you leave your nest. The biggest misconception about studying is that after you graduate, you're good to go and success is not a matter of "How" anymore but a matter of "When". The reality is that success is just as hard as it is to achieve before you get your degree, the only difference is now, you have something to show for when people ask you if you've specialized in something, which makes the journey a little bit easier for some. For others, it may not mean scat especially if you graduated on a degree that wouldn't really help you excel in this capitalistic society of hours. I mean, as a company you couldn't expect the Arts Degree Graduate or Philosophy degree graduate to really excel with Data Analytics or Ads Management. That is not their forte and that is not what they could bring to the table. You're better off finding someone whose skills align with the job profile you put out. That's why while I still commit to suggesting that you pick whichever degree you like in college, you also have to be very prepared to face the world after you graduate, and in that regard be prepared to broaden your skillset to make sure you become even more valuable to acquire for companies. Then, soon as things fall into place for you financially, push for whatever career you're really after. That's the cheat code to today's socio-economic setting. If you remain indignant that it's not your fault your arts degree's not putting food at the table nobody's gonna listen to you. |
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Try to not live in country where is the a lot resources.
Even the food oil gas and other natural resources.
Becouse nations and group of people fight over this.
And If you stay there you will be in the middle of the power greed and corruption.
Very wealthy people want always reaources to control and you live there when countries fight over resources it's like you are innocent person wrong place wrong time.
If you was born into risky country just look around If there is resources and good feritile land and good resources like oil then grow up and Leave right to way becouse sooner or later If your country not strong and stable like Canada or USA you run into problems wars and corruptions.
Don't be victim always check your surroundings and escape best countries will be stable consumers but not producers
But Also world is about who will work and who not work
Think about those who not wish to work they have a lot expenses to be paid that's one thing.
Even If all the oil or other natural resources they steal and take still not enough becouse once you have allready very expensive lifestyle you need more and you find out you run out of money.
Now that the banks tightening the money policiy more it will be harder for rich also now they need to let their company to do work with less money and less workers.
Isn't that a full-on concept already in the form of refugees? But the thing is that you just can't jump to countries whenever you want even if your country's in shambles and is war-torn. Money is still just as important if not even more when there's a conflict, and for the most part a large portion of people who are able to jump to more favorable places before war could ravage their place are only able to do so because they had money, for the rest of the population you better hope that international efforts were put in place for you, else you're stuck to fend for yourself and your family in your country. And even if you're able to find refuge in a different place the difficulties don't end there, you gotta understand that prejudice, racism, and other societal issues will become a norm of your life soon as you land, even worse if the country you're looking to find refuge in is like the US who is very particular with the people they let in, I mean they don't even allow Mexicans to cross the border all because they don't have papers to show for it. That's fucking stupid in my opinion, yet it's a reality that people will have to deal with once they decide to move out. So as you can see, finding refuge for whatever reason isn't as easy as planning an out of the country trip to whatever country you're looking at. There's multitudes of issues and layers of challenges that you would have to overcome to even get the chance to set foot to your new place. |
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How funny it was to read this post 13 years later  Reminds me of the story about buying a pizza for 10,000 BTC, now worth $515 million. While there are parallels with Laszlo's Pizza Purchase from around 15 years ago, the main reason as to the main reason why OP's pushing for the big mac index is to further push the idea that bitcoin is for the people. If that even makes sense. When you get into the big mac index, it would automatically mean that the currency you're using is either socially-accepted as a full-fledged currency to be used for daily purchases, or at the very least, a legal tender that could be used as regular money for purchases. There is massive implications and benefits to this as getting bitcoin or any cryptocurrency for that matter further solidifies the notion that cryptocurrency, is just money glorified and given new features. Which many people believe it not to be all because it's not tangible or whatever. By allowing people to realize that while they can earn money through bitcoin and crypto, they could also use it just as their regular crumpled dollars or pesos, it would allow for a heightened chance at getting bitcoin to be accepted by the public which has been one of the biggest barriers towards global adoption for so long. My only reservations about this plan is honestly the fact that there's a lot of discussion to be had about the territorial and governmental aspect of currency, and since bitcoin's decentralized there's going to be a lot of discrepancies surrounding that. |
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Gambling an activity for fun also has the chance to turn someone's fortune. Calculated risk when taken in gambling can be the way to big wins from gambling. Who do you think should take more risk in gambling? The rich gambler or the gambler who is not yet rich. If a rich gambler takes risks in gambling, they are risking losing money and becoming poor from gambling, or getting richer, when a gambler who is not yet rich gambles, they can also get poorer or richer, so the gambler who should take the risk should be the gambler who can handle the dangers of the risk like losing too. When a rich gambler loses from taking a risk, there is a better chance of them being in a position to manage with the losses, than someone struggling financially who a big loss will really affect. So, I am confused after asking myself this question and answering it, does this mean a poor gambler should continue to play it safe in gambling? With no risk, how can a poor gambler change their fortune in gambling?
I think the amount of money you should risk towards gambling shouldn't necessarily have anything to do with whether you're rich, middle class, or poor as dirt. It has to always be proportional to the amount of money you'd be able to lose and not be begging off the streets for scraps. While there's some exaggeration to what I have mentioned, the truth is that most people think they could gamble as much as they want because they have money in the bank, in the pocket, in between the cushions of their musty sofa, or whatever, and then find out eventually that they were shit out of luck cause they just blew all of their money away without them even knowing. We got some poor people (in the literal sense of poor) being able to not only budget their living expenses quite well, but also able to incorporate a little bit of gambling here and there and all of this is just because they know just how much they could lose safely. So, whether you're the richest guy on the block, or perhaps someone who's just living life contentedly, the only thing you should worry yourself about when you gamble is that you don't shoot yourself in the foot with the gambling wagers you put down. Be very smart with managing your money, and make sure that you're not losing it over some stupid shit, most of all gambling. |
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At his regained to a normal state of health, he explained that he thought he would be lucky to win at the stake so as he could expand his intended business with a bigger capital.
At a point I don't see any business oriented ideal in this Friend because $1,000 ls good enough for a start of lucrative businesses.
I'm really skeptical if 1000$ can really give you a lucrative business in my country but maybe in your country since that amount is only the price of the business location with very rental small place but resorting to gambling using the funds that is intended for important matters is always a big red flag because you are risking the money that you can't afford to lose. I thought the amount involved here is around 10K or more since it sounds like very serious while reading the introduction of the story including the colluding just to hide gambling. But I will do the same of hiding my gambling activity to others if someone knew enter to my place though even though I'm just playing for fun because it's not cool being known as a gambler in my country. Your friend is still lucky to still involve not that significant amount of money on gambling because he can easily repaid it through jobs. In some countries a thousand bucks could set you up with a small business, primarily in the micro-food industry. In the Philippines, you could get your own Siu Mai stall for cheaper than that, I wouldn't be surprised if some other third-world country out there could make bigger use of the 1000 bucks that they are talking about. Besides, OP's friend's is more likely a micro-entrepreneur. So thousand dollars to start up a business, not really that unbelievable. What concerns me more than the capital they made up with is the fact that they are looking for it in one of the worst places you could look for money which is casinos. You're better off saving your money instead of wishing it would yield more in a short span of time, cause if you're looking for instant gratification all you're going to get is a zero balance at the end of the day and a diminished desire to keep up with the business you're trying to create and a greater desire to earn money the easy way, which would then snowball into something even more problematic, until you find yourself addicted to gambling without you even knowing it. Sucks total balls to be OP's friend but this is a crucial part of his journey that needs further help and assistance in my opinion. If he is able to assist his friend in getting out of this sticky situation, he may not only salvage the business dream, he may also save his friend from ruining his own life for good. |
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One more thing you haven't included in your list: Stupidity.
Gamblers are repeat offenders of doing the same shit over and over again thinking that the situation will change for the better. Not only is it untrue in the case of gambling, it's especially dangerous and the cause for many of the unfortunate eventualities that an average gambler experiences. For instance, instead of actually taking breaks and recuperating their mental juices that got dried up from gambling over extended periods of time, most gamblers will instead push to gamble even more, causing them to lose even more money, even more of their marbles, until they end up getting addicted.
Another good example, gamblers not knowing what their limits are financially and logistically. We got "ballers" out there gambling their life savings away thinking everything's 50/50 in a gambling setting anyway and they'd win the money they would put in, as well as gamblers gambling over and over and over again, eventually losing all their money, then taking out massive loans they have no business of doing so for the sake of actually financing their brimming addiction.
So you see, the saying that goes "don't attribute to malice what you could attribute to stupidity" plays quite the role here. You see someone make questionable plays and decisions and you immediately think that's cause they are overconfident or greedy, can't they be just stupid? LOL.
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Online betting has become the main concern for the majority of young people, as players flock to casinos forcefully to obtain the largest possible amount of money. There are those who invest thousands and millions of dollars, but there is a serious problem as the majority of sites provide facilities to ensure players’ participation and entice them with large sums of money. Then they steal every cent directly. There are sites that do not target young players, as their victims are those with large amounts of money. Other sites initially deal transparently and seek to gain the trust of the players until they obtain a large audience. Then they begin their hellish plans. So , the majority of gambling sites are unsafe and it's hard to trust them .
How can I choose the best betting site that provides me with a safe betting experience?
Does this site provide a high level of safety for its players?
I need help from those with experience in this field
There is some truth to your statement, however, not every casino who wouldn't pay you your money is considered as scam. Let's take that one guy who dragged Rollbit (correct me if I'm wrong) to the mud for months on end in this forum, all because he got his account locked for pretty much valid reasons. In cases like that you couldn't blame the casino for barring access to your account, even if you have money in it. If anything it's their little way of making sure that they uphold integrity within their platform, and their commitment to safety. All I'm saying is that casinos who wouldn't pay you your money right away due to some investigation or whatever, as long as it's warranted and a visible timeline is given, couldn't be considered scams. Of course there's a massive slippery slope when it comes to this discussion. Considering the fact that some may just become so complacent with dealing with their casinos who wouldn't pay them cause at the end of the day "they'd pay anyway", to which I say, do you research. Scour this forum for reviews and insights on casinos to find whether they are reputable or not. 9 times out of 10 you could trust this forum to provide you with smart insights into how honest and legit a casino is, and best of all, it came from people who really dabbled/played with them, so you can bet your bottom dollar that they are not doing this for the money or whatever. All it takes to avoid getting scammed is a little common sense and some research. Make use of your opposable thumbs and get yourself armed with knowledge. |
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After a thorough research, I've come to understand that the history of gambling could be traced far back to the ancient Chinese and was mostly practiced by men cause by then it didn't seem right for women to be involved in such act, Well it wasn't illegal for women but there where more men participating in casinos than women, but change they say is constant and as time passed, women gradually began to participate in the act and I think in the 19th if I'm not mistaken more women began to participate in it and by then a woman called Alice Iver Tubbs, also known as (Poker Alice) became a professional in gambling, history have it that she was very good with poker which led to the name Poker Alice.
However in recent times we're beginning to see more gamblers who are woman emerge and though they're not yet equal to the amount of male gambler, a good amount of women globally have began to pick interest in it, since it's now being socialized, to back that up, I know some of my friends that participate in gambling and even play slot games as well as staking of the UEFA Champions League games, I know a friend who also love to stake on Al-Nassr cause her favourite football celebrity Ronaldo plays for the team. lol I won't also deny that she's gradually luring me into sports betting as well.
Also the rate at which women are now picking interes in gambling is so alarming, there are a good number of female punters on the media with good fanbase and they give good betting advice, we all know that gambling does guarantee 100% success but if you follow their predictions you could get atleast 60 to 70% chances of winning the bet. That's to tell you how well women are now involving in gambling and as time passes there's a tendency for more women to indulge in it as well, since the social media have made gambling more popular and the fact that it involves sporting activities makes that more possible.
This is where your misconceptions begin. The notion that women are not that prevalent in gambling is a little bit misleading and sometimes even offensive on both sides of the gender spectrum, cause we got one side gravely misrepresented for their own benefit, and another who dare I say, is forced to bear the brunt of the blow just cause women don't want to be that accountable to the gambling percentage. We have just as much gamblers in the women population as it is with men. It's just that men are more loud, more represented, and women are more keen in keeping to themselves rather than telling their whole bloodline that they won shit from the local casino. Let's take the Chinese woman for example, old ladies within the age bracket of 45-60 are seen as institutions at playing Mah Jong, card games, and Chinese Poker, while you can't really expect men to excel in that particular field. In the Philippines, women place bets on the lottery just as much as men, and they also visit casinos as often as men do, sometimes casino nights become a staple family activity for DINKs (Double Income No Kids) couples, where they would both visit casinos and play to their heart's content. So you see, women are gamblers just as much as men are, they play, they win, and they are also susceptible to gambling addiction. No shocking rate, no misrepresentation. That's the whole truth. |
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From my little activeness over here in the forum and my involvement in gambling I have been seeing some changes in me and it's gradually beginning not to please me anymore I don't know If I will say I am becoming too emotional with my funds but sometimes it's very painful to place a bet for about 2 to 5 consecutive times no winning and this is what is beginning to me make feels sad. I know is a game of luck but sometimes whatever we do and not feels happy we should try to quit it.
I just have to bring this to know the category of people who belong to this sets that always feels bad or are emotionally touched due to their games has been constantly bursting without winning. I don't know how to channel it but at least gambler should be happy most times i will noticed that only 1 games do take me away from winning and most times there will be option to cash out I will have the full confident that all will be successfully played without knowing games change even at dying minutes.
There's this thing called hedonic set point. It's the very thing that stops us from enjoying the same thing over and over again especially if we've done it in multiple successions across different instances. This doesn't just go for gambling either, so if you're having concerns about your mental health or whatever be at ease cause this is a real thing that happens and it's common. Now, you're probably in the burned out phase where you feel like there's no real incentive in what you're doing at this point and it's not that fun anymore even if you win, what I would highly suggest you do during these situations is to actually quit gambling for the meantime, and substitute it with a more interactive activity that you would do for extended periods of time. Perhaps sports, video-games, talking to friends over on Discord, or anything really. All you have to do is to make sure that you're spending the time you would've used up for gambling onto something that is worthwhile, not mind-numbing, and active. Eventually you'd feel the pull of gambling back and when that happens, take it slowly, play a couple games per day on limited bankrolls or whatever, micro-dose yourself in oxytocin and dopamine instead of pushing for instant gratification, and you'd suddenly feel healthier, more in control of your life, and of course, happier. Trust me, I've been in the same situation as you have countless times due to the nature of my work and the lack of personal interactions it entails but as soon as I realized I just have to make sure I control my hedonic setpoint instead of having it control me, I've had a more fulfilled life. |
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Just a warning in case it prevents someone from falling into this shitty scheme. I was checking a crypto-casino with very easy entry just asking email and country, and allowed deposits in the main cryptos. I didn't need to deposit anything to realize that to withdraw funds they did require a complete KYC with ID, etc. I also tested registering from a banned country and even indicating it on the form, and it does not prevent you from making a deposit. I guess I stated the obvious, but I don't see the point for gamblers in using this. EDIT I'll share the site since so much people is asking, but I guess this is usual: https://elroyalecasinobonuses.com/ with a referal who leads you to the domain you'll be logged In FAQ you find it clearly: https://elroyalecasinobonuses.com/faq/Do I have to submit any documents when depositing money?
There are no documents needed for making a deposit at El Royale Casino. However, in some rare cases, we might ask you to provide a Credit Card Validation form to ensure the safety of your transactions.
How do I request a payout?
After you have submitted all the necessary documents for proving your identity, you will be able to request a payout in the Cashier section of your account. If you are using your mobile device, you need to go to “Menu,” and then to the section “Payout”. El Royale is operated by Wonder Play Company N.V. having its office in Willemstad, Curacao. Company Registration number 162233.
When a user makes an aggregate lifetime total of deposits exceeding USD 2000 or requests a withdrawal of any amount at El Royale, they are obliged to undergo a full KYC procedure, wherein the user shall submit some basic details about themselves and then upload the files listed below:
A copy of Government Issued Photo ID (in some cases front and back depending on the doc)
A selfie of themselves holding the ID doc
A bank statement/Utility Bill Yeah, pretty fair: give me 2K with no questions, but you won't be able to get a penny without fulfilling the rules. I'ts a regulatory joke. Even is a gambler trap: " I'll try to make it a big ammount so it's worth it to do the paperwork, then you loose. Unacceptable A lot of reputable casinos fall under the same boat when it comes to handling KYC. The thing is that the average gambler's gonna steer away from KYC no matter what and some of these casinos would have to be very tricky in implementing these mechanisms. Is it unfair and shitty? Yes, can we really do something about it especially if the gambling site's base of operation's country requires them to do so for customer protection laws? Not really. So it's best that we really get into the jive of how these gambling sites and KYC work if we wanna gamble, otherwise it's time to focus on a whole new hobby this time around lol. In any case, there are casinos out there like Stake (shameless plug not intended) that veer away from this exploitative activity, they still require users to undergo KYC don't get me wrong, but for the most part, as is the case for Stake, they not only require people to do this during withdraws which is a massive blindside to gamblers especially those who have already deposited their money into the site, but also for deposit, sometimes even as soon as you create the account. This makes sure that the gambler knows that they are dealing with a KYC casino without having to be surprised that one day they couldn't take out their money all because they couldn't undergo a KYC verification. I couldn't speak for the reputability of the casino you posted OP but from the looks of it that's some bogus shit that I wouldn't let near me. |
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They will be greedy for sure, because it's all about the money that they can generate and that's why both parties are willing to do it. And I think that's their motivation here, it's more on the financial side now as compare to who is the best of their generation and it has been debated for many years since they retire, Mayweather's 50-0 undefeated, or Pacman's record of 8 divisional champion that has never been done before.
I saw in one thread that Canelo is commanding $35 million in his next fight. So what's more here? Most likely it could be in the tune of $50 million guaranteed each of them. So definitely, there are a lot of money to be made and it could really make profits for Rizin too if they are the one who is going to make this fight.
You still couldn't deny the bad-blood side of things. On one hand we got someone who fought by the book and won in technicalities and another side who thought they got cheated out of their supposedly final and most monumental win, and a massive dent at the opponent's record. Ever wondered why despite the fact that the Mayweather vs. Pacquiao fight's advertised by many sports network as the last fight for Pacquiao before he hang his gloves, only to come back to boxing a couple more times until last 2022? Because he's a lost sheep. He wanted to fight Mayweather, got a taste of it, and instead of getting his self-actualization what he instead received is a pack-full of self-doubt and a hole in his wallet. He fought other fighters afterwards to chase the high and probably find the same actualized feeling by beating other fighters but it just won't do. He needs to fight Mayweather and beat him this time. Which is why there's a huge chance this fight's gonna happen. Add to that the fact that he's got a lot of time in his hands now that he's not running for Presidency, and his plea to be allowed to participate in the Olympics despite the age limit is denied, and we got a solid chance at seeing these two folks pit it out again soon. |
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Only Filipino boxing fans want this fight to happen including me but I agree that Casimero is no match for Naoya Inoue but still want to see what will happen just in case this happens. I'm not a fan of Casimero especially his attitude far different compared to MP. He's so boastful. And I think Bob Arum will not risk Naoya Inoue's record for Casimero's record.
Yes boxing is a business at some point but the passion is still there. Manny Pacquiao the Filipino pride, gave his all fashion to boxing and made the whole Filipino nation proud. He's like an Asian Bolt in Jamaica.
Exactly true. A lot of our fellow Filipinos are hungry to get the new Pacquiao or something and they’re pretty much vying for anyone out there would dare to try. Casimero’s got a good track record but Pacquiao is a once-in-a-lifetime instance which we may never even see again in the boxing ring. This fear and desperation of some fans to have the Philippines be cemented in boxing legacy’s what causes them to root on every single Filipino puncher out there, doesn’t matter if he’s even capable of standing his ground or not. In any case, a case can still be made regarding the viability of this fight. Casimero’s got a lot to prove and much to gain after this fight, while Naoya’s innthe peak of his career and losing to someone barely known within the boxing scene internationally’s not gonna bode well for his career. Honestly I’m just eager to see Inoue fight even more. The guy’s at his prime and we rarely see fighters like him here. For what it’s worth I’d personally be willing to see him beat up people while he’s still strong and powerful than calculate his fights and end up past his prime with little to prove for the world. |
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I'm a Catholic, and while there's definitely some explicit rules and regulations to follow when the holy week comes around I never really took them to heart. Not because I wanted to offend people or anything, but only because I know that being a good person runs deeper than fasting, not gambling during the days where we're supposed to commemorate the sacrifices made by the Lord for our sins or whatever, and all that type of crap. You can be religious and still be an asshole, and you can bet your sweet bippy you're going to hell (if that even exists lol).
On the topic of me gambling during the holy week however, I haven't personally tried it only because I forget, or I don't really put in the effort to offend people's beliefs. Besides, I took regular breaks from gambling anyway so it's not like I'm required to take the holy week break to maintain my sanity. It's just that my gambling behavior's not tied to whatever religion's big at the moment, nor is it tied to my personal ethics and morals. I gamble when I want to, I quit when I know I have to. Simple as that.
I hope the religious folks in this forum don't take offense on what I said, simply speaking the truth here as a genuine person with real thoughts and feelings not dictated by someone who claims they could speak to the lord.
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First off, don't tell us what to do with our own money lol. Huge majority of people like me who are able to responsibly gamble got sizable investments and multiple income streams that could keep us afloat for years on end. Gambling is more like a secondary hobby for us that we turn to when we couldn't enjoy our primary pastime activities fully. So yeah, while you're correct with the concept of "investing what you can afford to lose" (no shit captain obvious by the way) you'd come to realize that everyone in the trading industry/crypto world's already known about this since time immemorial, matter of fact the crypto variant came before we even realize that you could implement the same thing in the gambling industry and expect the same results.
Again, don't get me wrong, I appreciate the sympathy but the thing is that those would've worked well for other people who needed it, not for us responsible/sensible gamblers who knew how the game operates from the get-go and have managed to find ways to enjoy gambling even when we're losing money. Not gonna call you out on how hypocritical the post is considering you're promoting a casino (although it's a little minor to begin with so nothing out of order here really).
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Every day, thousands of dollars enter or leave the treasury of casinos, and we always hear about a gambler who wins or loses a large sum of money.
The thing that caught my attention is that the casino never loses. The money that you win is not the property of the casino, but of another player. The casino is in the process of recycling the money that the players have invested. There is always a winner and a loser, and when you bet with an amount of money, you bet against the money of all the other players. If you win, they will pay you from their money, and if someone else wins, they will pay himBTCBTC from your money.
So the casino remains the biggest beneficiary, right?
Ever heard of the saying "The House Always Wins?" it's cause they do. Even when you win huge wads of cash. The thing is, the amount of people who win within the casino is for the most part controlled, but the amount of losers in a casino will always be at a massive disparity against those who win or breakeven against their bankroll. When you or someone else wins, you can bet your bottom dollar that not only will the casino have a piece of the proverbial pie that the winner's gonna get, they are also going to make sure that the losses they incurred from granting the winner their prize, they're going to get from someone else. Which is why I don't really see how supporting a casino works, if anything the only benefit that you're ever getting from the casino is the variety of games to play against and the sense of security knowing that they won't dupe you out of yoru winnings (at least for the most part). Also partly the reason why I got into the gambling business in the first place. My friends marinated me into playing with them knowing that I don't really play back then. They painted the picture of us playing with each other and using the casino as a medium, and had assured me that it's just our money that's going to be played with. Could be the same for other people in here as well, especially those who got into the gambling world because a friend of them invited them to play. |
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