I was with a friend today who was in a hurry to place his bet on some numbers that were sent to him for some football matches that he believes are fixed. I'm a bit confused how fixed matches work.
Are fixed matches real? Do the coach and players of teams were matches have been fixed, do they consent to it? If you were in a team were your next fixture has been fixed, what will be your reaction?
One thing to consider that your friend probably does not realize or he has an extremely rare contact who knows what they're talking about (highly unlikely) is that people who rig these games have to pay big money to pull it off and it is still extremely high risk. Unless we're talking about some small scale college sports team where big bets would be obvious and investigated - making large profits difficult, then there would be no reason for the person fixing the game to give up this information. It exposes the person rigging the game to more risk if a single extra person found out, which could result in their own large bets being forfeited if discovered and future profits from the inside cheater getting wrecked. It's highly unlikely your friend really had any special information. |
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Do you think it's fair? If only the 22 richest individuals in the world had more money than the 3.8 billion people who are currently in business? Well about 22 people have more money saved abroad than the total population of China, United States and India combined? I don't think it's fair but frankly politicians and regulators in democratic countries have been far too weak in taking action. Large corporate money and the families who have grown up with sizable control of it have been able to pay lobbyists to shape the future to their benefit. Politicians are facing a constant battle to equalize and benefit the average citizen, however money forever consolidates on one size of the equation - funneled into all sorts of causes that aim to strip back laws or find loopholes to exploit. It's a real moral minefield because billionaires can simply shop around for any type of citizenship that benefits them in the age of globalization, but they're only benefiting a very small circle in reality. |
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Yes, It can be expected that cryptocurrency will be a Global currency in the future.
The BTC will be the father coin and there will be a lot of sub coins.
Cryptocurrency is a unique kind of currency that has great potential.
It has an attraction for all ages of life. It has a great opportunity for those who want to do something and desire to step forward.
Moreover, It has equal chances for poor or rich for development .
This currency has brought a revolutionary change in the world of business and trade.
It promotes a positive activity also.
It's a bit of a strange premise to put forward. Bitcoin already is a global currency, perhaps more so than any other currency in the world. I would say that Bitcoin is more of a test scenario and will ultimately be supplanted by other cryptocurrencies in future that have more units available. Even with all the decimal places, as the price rises and the amount of coins diminishes, it will become less desirable as a functional currency. There are a few different ways it could go, it may eventually result in such large consolidations within ecosystems like Paypal gaining large control over transaction flows or people simply seeing better functionality in upcoming altcoins. |
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Sylvester Stallone offered a role in new Expendables movie to heavyweight boxing champion Tyson Fury after he defeated Deontay Wilder in fight of the century according to Stallone who was impressed.
Stallone was acting in famous movie Rocky so it's no surprise that he is a fan of boxing, and I think that this could be great for Fury that will have something to do if he starts his new career in movies.
It is not clear if Fury will accept this offer and I would like to see him in more fights before going to big screen, but this is interesting news.
While he may be a good boxer, he is definitely arrogant (even if that is part of the whole boxer "act") and never comes across as a very nice person. It's a shame really because there have been boxers in the past who might fight hard but still treat their opponents with respect and keeping the sh#t talking to a minimum. You see lots of wrestlers have successfully transitioned from that world to become famous movie stars, it has definitely become more common lately. There will come a day when he wants to hang those gloves up because the sport does take a very powerful physical and mental toll on the body, so maybe he will follow the money at that point. |
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I am interested what do you guys use for payments.
I like Litecoin paying the most (superfast and supercheap) but I am not afraid to pay with Bitcoin.
Doing this little research because I am preparing project
I will appreciate honest answers and comments
Thank you
I see so few places actually accepting Bitcoin so far that I had to go for the last option. In the few cases where it is available for niche goods and services, crypto can be an effective method of payment. Even cases like moving money overseas whether your on holiday or business can be very useful to avoid additional exchange rate fees with banks. However in day to day life it is simply too much hassle, when I go to a shop to buy some food each week a credit card is simply too straight forward to use. Things are developing though, more and more businesses are adding crypto to their accepted payment methods every month so it will become more ubiquitous. |
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I was with a friend today who was in a hurry to place his bet on some numbers that were sent to him for some football matches that he believes are fixed. I'm a bit confused how fixed matches work.
Are fixed matches real? Do the coach and players of teams were matches have been fixed, do they consent to it? If you were in a team were your next fixture has been fixed, what will be your reaction?
Fixed matches are real, but they are cheating and illegal in most countries. They are basically a form of fraud, because you'll be working with insider information with the intention to take money from another party in a rigged game. There are too many scenarios to list how a game can be fixed but some ideas - it depends on the game, if you only need to pay off one "champion" who is a favorite to win, to take a loss, then it would be quite easy to pull it off. It's harder to rig a game if it requires multiple players, although we saw a recent example where Philippine basketball teams were blatantly trying to lose by repeated missed shots. The player(s) take high risk if they do this though as it can look obvious and may result in ruining a career for a single payoff. |
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What should new investors know about Bitcoin?
There's quite a few good cases for Bitcoin. The most obvious is the whole decentralized nature of this currency - it can seamlessly cross borders without paying exchange fees and nowadays can be converted back into any other fiat currency quite readily. The fees have certainly come down since the early days, mainly thanks to some tweaks to the code (e.g. Segwit) that certain branches of the blockchain now support. The ability for it to exist on a personal device, outside of the banking system, makes it a truly cash-like equivalent which was never really possible. It offers a degree of anonymity and is as easily accessible to governments who might try to seize assets from the existing payment networks. |
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Fuel prices have skyrocketed in the past few months, on a worldwide scale. Here in Greece, the average price per liter for 95 Unleaded petrol is €1.75, while for diesel it's approximately €1.45. A huge surge is also expected, in the soon-to-be launched season of heating gas oil, which is expected to start within the next few weeks, with a rumored price of at least €1.10/liter.
I've read that this spike in prices is triggered by an increase in price per barrel, due to oil companies worrying about the pandemic, while their production is limited compared to the higher demand. Have you heard anything relative? What's causing this surge in prices, could it be a one-off thing which lasts a couple of months at most?
What's the average cost of petrol/diesel in your country? Share your thoughts on what exactly is causing this crisis, which is also spiking electricity costs up, increasing the budget for the average household.
It's crazy to see that near the start of Covid the oil price actually went negative for a little while - there was so much output backed up with no one using it and all storage capacity gone, that it oil producers were essentially paying you (or people with spare capacity) to take delivery. Now over a year later we are back at record highs. Anyone with sense last year should have been buying oil company shares because they were heavily depressed due to this situation and have since rebounded substantially. For the average consumer though, like so many things right now, the supply chains have been screwed up substantially and it might take many years to return to the normal we had before. |
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I'm planning to play some time, hopefully I get to win some although I haven't played poker in a while so it's really a challenge to play when there's stakes in line.
You might want to try downloading a poker app so you can get back in shape, poker rooms are an unforgivable place, you don't want to get caught off-guard in those games especially if it involves real money. Agree there are ton of apps now a days that you can play it for free so that you can feel it and also be comfortable of after a few years of quitting. Thats the best thing to do first before jumping or involved with money. Also there are website that will give you credits upon creating account or a signing up bonus which you can take it as an advantage to make you feel comfortable with the website Zynga Poker is, in my opinion, one of the best poker apps available today; I use it when I want to play poker before going to real-money poker rooms. Of course, we need to sharpen up on our poker skills and memorize all of the card combinations in order to win the game. I'm sure there are many pros in poker, especially those who know when to call or fold based on the percentages of the cards they hold. It's a great risk to play in a poker room with money involved if you don't know how the game works; it'll only lead to defeat. Zynga is a good platform with all the features you need, it can be a good way to warm up before a real money session but the dynamics are always going to be very different with a virtual chip game. People will play a completely different game if they are not losing any real money and you'll find a lot of people who simply play bad poker - going all in repeatedly and really breaking the game play. People play much tighter and consistently when trying to boost a real bank roll. Either way, you get a feel for the cards and odds, you'll occasionally find players who play a similar game, good for refreshing your memory as you say and it is some basic level practice. |
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I haven't used mixers so don't know if exchanges like Binance freezes your accounts because they've been funded from mixer linked addresses? I'd like to know what happens to your coins if you can't unlock the account.
How's it possible proving it's your funds by tracing where it's sourced from when it's from mixing?
I hope you have good records for where your funds come from if you face this situation. Binance recently wanted to list their stock publicly but has since faced a backlash in certain countries and are facing investigations. What happens to the coins? They'll stay in Binances possession until you can win a court case that will force them to return the funds to you - either with or without proving the source of the original payment. I cannot think of a real legitimate reason that people would choose to use mixers, which are essentially pure money laundering tools, unless they are trying to hide funds so you might be in a tough situation. It's always worth reading the terms of a site before you use it and you might just have to accept this as an expensive lesson for the future. |
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I mean I do win against players, I can do it for a week, a month and even a year but I always lose to the house.
The rake and house wins, it’s like impossible to beat the house...
You are probably already aware that poker is a super intense game online, you really are playing against the best in the world and the type of players who would seek out a poker game in Bitcoin are going to generally be very high level players. If you do win against other players like you suggest, simply stick with the sites that you're already winning at - take those earnings and convert them into Bitcoin if your ultimate goal is to acquire more. If you're unable to beat the house as you say, then you simply are not an effective player and should probably seek out a different way to make money. Your earnings will never go up unless you can beat that cut of commission they take from each hand. |
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Elon Musk has entered rarified air in the world billionaire rankings. The Tesla and SpaceX CEO is not only currently the richest person in the world, but is now worth as much as fellow billionaires Bill Gates and Warren Buffett combined. Can he sustain it for how long?My question is can Elon musk sustain this new found financial spot for how long? We have seen bill gate coming back to this spot from time to time and occupying it for a longer time. Now that Elon musk is said being the richest in the world , is he going to keep to this status longer or we are yet going to hear another story of selling off assets because Elon musk is now known as a public stage man   So what do you think? You might not admire the man, but you have to admire some of the things that he has funded to great success. He took the money he creamed off peoples transactions in the early days of Paypal and put it into some rather high risk endeavors like Tesla and Space X. He funded companies that actually produced things, rather than just moving money in and out of shares like Warren Buffett, or mostly digital services like Microsoft (mainly windows) software. If only he could tone down the arrogance and disrespect he shows people that disagree with him, then he would be a very admirable man, but there are more humble billionaires out there that are probably better individuals personality-wise. |
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The first question bordering my mind right now is where to play, I have learned quite a few things from this gambling board and have decided to try my luck out with gambling and will want to know which one should I start with online gambling or going to physical casino house to play some games.
There are a few factors involved but it comes down to personal preference really. It can be a good idea to practice your favorite games from the comfort of your own home, poker is a good example - get familiar with all the hands with online versions, learn the betting patterns and how things like big/small blinds work so you're less likely to look like a new player when you venture into a real world casino. If you look like a new player in poker then you might get targeted at a table through all sorts of tricks. Having experience online will also help you focus on the important parts of the game and drown out all the extra noise that will be surrounding you. It's possible to learn offline but you might end up losing a bit more money that way. |
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There is a lot of shilling lately (again) with "the flippening" event happening. Ethereum has created a new market which is basically 99% scam tokens, rugpulls, pump and dumps and NFTs which are probably used for money laundering. Anyway, the thing is, there is definitely if a demand for all of that, even if it's all based on a platform that's not decentralized.
So to the point: Would you quit if a centralized shitcoin managed to surpass Bitcoin in marketcap? At that point it would be clear that entire space is a joke. Bitcoin would still march on as usual, but it would be just sad to see people putting their money on shitcoins rather than on the only actually decentralized blockchain worth anything.
It's actually hilarious to see someone get so twisted up that another cryptocurrency might one day take the crown of Bitcoin. It is actually almost inevitable that another cryptocurrency will unseat Bitcoin because the sheer low number of coins - a max of 21 million (some of which are being lost all the time) is a great restriction and will over time make it harder to use as an effective currency. It'll be great for the current holders but people will simply move elsewhere, even if it's just a psychological thing - people would prefer 1,000 units of a stable currency than 0.0001 units of a slowly increasing currency. There is enough room in the market for lots of people to get richer, so don't fret over other coins creating competition. |
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Hello to all.
are there any gamblers who play high limits and always manage to withdraw their winnings from betting crypto sites?
because even reading the A tier I find that often the winnings are not paid and money get blocked and I don't know which one to trust.
Thank you for any advice
Where did you get the impression that betting sites were not paying out? There are lots of big sites advertising in this forum and the first person to reply to you stated most of the big names. You should remember that casinos are a lucrative business model, so while you should always watch out for red flag scam behavior, a real casino is already making huge profits with few expenses. They want return customers but at the end of the day lots of people will be losing money and falsely complain that they have been scammed, yet they simply did not understand the odds were always stacked against them. I personally stick with Sportsbet.io, but it depends what type of gambling you're after. |
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Through different means scammers make fool of the common people and scam them. Different types of scams through which common people gets scammed are
Paid Signal Providers : Here people who weren't able to make money out of trading do this kind of scams. People are requested to subscribe their channels, so that you'll get daily trading signals. Further they do it as a paid service. Here if you're new to the cryptocurrency network, they easily scam you. Good is to do the best research of your own, because we've got lots and lots of legitimate platforms, YouTube channels are there using which you can know better about the market.
Money Doubling : In recent days this is done through YouTube channels and telegram channels. 2X bots were developed and those were promoted. If you invest $100, you'll receive $200 through the bot. Person who promote this will talk in a very pleasant manner. Don't fall for the words. Stay cautious with such schemes.
Indicators Scam : It is also a kind of scam in which people get scammed easily through trading indicators. Here scammers function as a group and promote the indicators. Our indicator have got accuracy and other additional features. If they can make big money out of those indicators why can't they do it and earn out of it. We need to think about it before going for such indicators. Learning the indicators of the exchanges is more than enough and through this one can easily know about trading analysis.
Pumping Teams : In this pattern of scams, about coin pumping will be announced. We've got information about specific coin that we're going to pump. If you invest/buy you can make good profit out of it. It gives 2X, 5X, 10X profits. Those are completely false statements. Don't fall for it, because they make you buy and further dumps the market.
MLM : This is a commonly known scam which is much seen on every form of businesses. It hasn't left cryptocurrency as well. Here based on the members added will be the commission and through this you can make big earning. One who is in the top order makes money scamming the down members. Even they'll say that you'll turn millionaire within few months. Most of the people who gets scammed on this schemes were the college students.
Apart from this you can see more and more forms of scams in the crypto market. As the market is widening scammers try different approaches. It is our responsibility to do the best research and move forward. Give awareness, it'll help someone and make the cryptospace scam free.
This is a good summary of the scams available, but new ones are definitely getting invented every day. You should definitely be a bit more forceful in your description, "stay cautious with such schemes" in reference to "money doubling" sounds too weak - no such tool ever exists and if it did, there would never be any reason for them to share it with the general public. The main thing that scammers are preying on is greed, it often makes their victims desperate and blind - willing to suspend any sensible thoughts they might have that it is a bad idea. They often target people with the least amount of money, because those people are so eager to take short cuts to wealth that they will ignore many warning signs that should stop them participating. |
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Russia is adopting a different attitude towards cryptos than China. President Putin has come public saying "Bitcoin has value but it cannot be used in the Oil trade" I guess Putin didn't still fully grasp the real potential of cryptos as he says “Cryptocurrency is not supported by anything as of yet. It may exist as a means of payment, but I think it’s too early to say about the oil trade in cryptocurrency.” But even so, it shows that Russia seems to be adopting a friendly position facing cryptocurrency and it may be having some impact on the industry. Given that China adopted a harsh position towards cryptos, is it possible that miners are relocating from China to Russia? Is it possible for Russia to step up to occupy the former place China had in Bitcoin? I guess this is what is happening, otherwise, Putin wouldn't come public with such a neutral position. It seems that Putin is walking a fine line between not wanting officials to escape Russia with large amounts of illegally gained money and the fact that Bitcoin is almost impossible to sanction like a lot of other income generation Russia has going on right now. The fact that Bitcoin sits outside the regular banking system controlled by American friendly interests and the fact that Russian hackers can get paid in Bitcoin which is easy to sell are both big positives for the country, more than outweighing the negatives. He has already scared most Russian citizens into the idea that people can be assassinated anywhere in the world, so he doesn't have to fear money running away as much as most other countries like China do. |
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Bitcoin mining we are currently conducting is essentially a process of energy conversion. Firstly, water energy, wind energy, solar energy, geothermal energy and so on are converted into electrical energy that mining machines need to participate in hash calculation, which forms computing power, entering the accounting work of Bitcoin, and then obtaining the Bitcoin reward. In the end, the energy of nature is stored in the form of Bitcoin, that is, the value is stored. Bitcoin mining is not free, it has cost, it needs to consume physical mining machines, it needs to consume energy. The energy consumption process is the process of energy transmission, being converted into stored Bitcoin, which happens to be the value support of Bitcoin. Based on this, no other cryptocurrency can replace Bitcoin.
What do you think?
I'm not sure you've actually covered anything substantial, your whole post basically consists of "This is how energy is produced, Bitcoin needs energy, Bitcoin has a value.". This is far from giving any sort of valid defense or understanding of why the world should look favorably upon this cryptocurrency versus the existing network of payment processors which have much more efficient systems. The ultimate question you should be looking to answer would be - is the excessive energy consumption of cryptocurrencies (versus highly optimized servers and databases which can process transactions instantly with minimum cost) worth the decentralized cash-like functionality that cryptocurrency gives to the people? |
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https://twitter.com/SpacePirate_io/status/1448713803680473089Steam decided to kick all blockchain games because they tend to feature real money trading for in-game items. IMO this is a good decision, at the current state blockchain games are just another vehicle for speculative investments and even scams, and unsuspecting people shouldn't be lured into them. And I can't agree that blockchain is the future for gaming, I'm a gamer myself and I never thought "Oh how I fish this game was running on blockchain". I never had any problems with centralized game servers, so why fix what is not broken? Especially since it's the blockchain that has problem like high fees, bugs in smart contracts, confirmation times. Not to mention that introducing real money into games tends to leading into very poor ecosystem. It would be nice to think that this was Steam taking a stand to protect their users and there is an element of that taking place, but let's face it - Steam is doing this because it moves transactions outside of their ability to charge a commission and that will be the primary motivation for stopping such activity. They do get to claim it is about a security issue however and there is a valid concern that many cryptocurrencies are being abused to target people who may not understand the underlying system. I find what you said about games introducing real money a bit unusual, because so many games on the steam platform allow this sort of activity (e.g. Team Fortress 2 with all it's paid weapons). |
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Cryptocurrency is essential for the development of a country?
Does cryptocurrency play an effective role in the development of the country? Or does it hinder the development of the country and cause extreme damage to the country?
What do you think about this?
Cryptocurrency has the potential to change the world for the better and countries definitely should be looking at ways to use the transparent blockchain technology for tracking many different types of transactions. However the world has existed for a long time and could easily exist again without the long term need for cryptocurrency. There are much more efficient ways to handle the billions of transactions taking place each day around the world, like existing payment networks which have been running for decades. However crypto allows for a form of digital cash that could replace the coins and notes that we use now, as long as we make it sustainable which relies on being environmentally friendly aka low power usage and it needs to be more instant. |
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