|
Or maybe we should think of "how useful" and "how precious" they are? Very useful and abundant things can be precious or valuable to people who know their true value. If you make fruits scarce, they will become expensive and more people will probably understand their values and start hunting for them. But lots of the scarce precious things don't have lots of known wide uses compared to their prices. If they continue getting scarce and expensive, they will probably become to tiny to be divisible, hard to hold, see or use. And it will be too costly to get enough of them to build important things they are built with.
I Would be careful depending too much on the scarce things that don't have lots of known, easy-to-apply uses, especially during serious crisis.
|
|
|
|
|
This is why it's very important we have very safe, very decentralized and easy to use crypto. You could build the right ecosystems and get people to earn, reward and trade with each other with moderately deflationary cryptocurrencies/tokens.
It's also risky (in my opinion) to rely too much on centralized usage of cryptocurrency. So, you have to worry about that also.
I would invest long-term in a well decentralized, easy-to-use crypto, driven by right principles, rules and consensus
|
|
|
|
It is not possible to earn $1000 or more using free money. That guy is lying or he might have invested his own money and created the impression with his friends that he is playing with free money.
It is possible if we are talking about possibility, it is proven by some people who could make some money from free money. I did it once in poker freeroll few years back when there was a promo of a new poker site. I won the 1st place and I earned 0.25btc (not really remember how much was it worth in fiat) Of course the chance to win big from free money is so small, but it is still possible if you have the luck. Ofcourse! They will likely allow such bettors win only small or moderate amount, Or even make winning harder for them. I guess the non peer-to-peer games will be harder to win with the free tournament. It's nice they offer the free bets though. But it'll be a good idea if the betting sites that run something like that are very transparent about it. I think it should be possible to prove a bettor chances to win any prize with some sort of fool-proof tool. |
|
|
|
|
Is the "lay the draw position" a known strategy in the betting world? I hardly hear about it, guess because am not familiar with the words used in the betting world. Sounds like a strategy experienced sport-bettors will win more though.
I wonder what happens if no goal is scored in the first and second half of the game... The bet is lost, right?
|
|
|
|
Well, if they really wanted to gamble I guess they will really find a way to do so. People should really manage the money they are spending especially if that is in gambling since casinos will be happier spending their money there. Some of the people here are even doing cockfighting outside arenas which is illegal here and since it is pandemic but people are srill doing it.
You have spoken well about the human need for gambling. If a person likes it and is used to this feeling, then even during the ban of games, as now due to the pandemic, they will look for a place to play. So it is very good that there is an online casino otherwise such people would have to play in underground casinos. They will really go beyond laws so that they could just gamble. I think this is the reason why other people are taking advantage of it and making places they could meet. I guess that is the reason why the government are just allowing casinos to function so that they could also get taxes from their vices. Well, It'll be hard to ban something you can't even define properly in order to avoid creating more confusions and problems in human laws. If governments simply focus on banning immoral or bad things, making laws will be much easier for them. The problem is that if they try focusing on banning things that are actually immoral, heaps of hypocrisies will be exposed in most national laws. Just simply call it betting (instead of gambling) and it will be much easier to prevent gambling in the betting market. It actually a good thing to prevent everybody from gambling but not a good thing to prevent everyone from betting. Betting is good if not abused. It's part of alot of moral activities allowed by many societies. We throw coin at the start of football game to reward a team with starting the football match. We bet on national lotteries, bet on foreign currencies, bet on stocks etc.. They have lots of advantages if not abused. |
|
|
|
How do we safely store our private information in decentralized manner and also have them verified by verifiers when necessary? We could have an unlimited Large blocks (or Ranges) for users to store their private information on a decentralized, safe and Immutable shared Spreadsheet { Notethat Spreedsheet "Range" is simply group of "cells" that are together. Cells are the small "blocks" in a spreedsheet}. So, let's assume I'm creating a decentralized spreedsheet with people to store some of my most private information like Name (First, Middle & Surname), Address, Gender, Skin color, Nationality, permanent features on my body that make me unique, etc.. I would (I prefer to) number things this way (vertically) on the decentralized spreadsheet cells 1. Surname: 2. First: 3. Middle Name: 4. Gender: 5. Address: 6. Eye color: 7. Skin colour: 8. Nationality: 9. Other permanent body features that makes user unique: 10... 11.... Etc A user will type his/her private information on the spreedsheet (typed horizontally in the cells) to fill out the required info for no 19. Deriving Secret KeysWe could derived our secret/private keys from Range and cells.  If I use the spreedsheet image above to derive the secret keys, I will get these: (There are two large blocks or ranges in the image, but I will focus on the first completed one) * Each Range or large Block = A1:E9 (that is, Cell A1 + E9) * Each cell = Column + Row * Number 1 to 9 = A1 to A9. 1 to 9 will contain questions on Names, Nationality, Gender, Address, DoB, etc. While a user's private information will be typed horizontally covering 19 or A1A9, like this: if Cell A1(1) contains Surname, Cell A2(2) contains First name, the private information (for questions A1 & A2) will be typed in cells B1 (C1, D1, for longer info) and Cell B2 (C2, D2 for longer info). You should be able to derive your secret keys from that ^, for your private information in a large block or range. Why this method is important is that the owner of the private information contained in a the large block could be able to turn his/her private information in the large block invisible to the public, and also shuffle 19 (A1A9) randomly Or move his whole info to another Large Block (or Range) for better security. Verification of Users true identity by "Verifiers"I think you could combine Decentralized Spreadsheet and the Decentralized Image Application for verifications. (*I wrote about the Image App here: https://bitcointalk.org/index.php?topic=5260086.msg54735471#msg54735471 ) Once a user has entered his/her private information on the decentralized/shared Spreedsheet, he/she waits for the information to be verified by verifiers. The private information contained in the user's large Spreedsheet's block and Image app block are sent to the verifiers for split or bit-by-bit verifications for the sake of the user's privacy and security. Before this is possible, the user copies or receives #No 19(or A1A9) cells information in his Block of the decentralized Spreadsheet. The user would have to distinctly highlight (possibly in block highlights) the names[first, middle, surname], gender, address, DoB, on his/her scanned ID card and get them numbered from 19 like they are numbered on the spreedsheet cells. Once they are highlighted and numbered, the rest of the information on the scanned ID card can be randomized back to its blurred state. The highlighted parts of the ID can then be verified and compared with information on the spreadsheet by the verifiers. Verifier 1 is shown only the Surname on scanned user's ID card to compare with the one on the spreadsheet and verify... Verifier simply verifies if both matches(has thesame name)and looks original. Verifiers 2 to 9 compare and verify theirs thesame way, respectively. User's portrait images 👤(esp the face) on both the scanned ID Card, decentralized image app, and possibly camera can also be compared with each other and verified in similar manner. For privacy sake, I believe the facial image should be split horizontally into multiple parts and compared bit by bit (from top to bottom) by different image verifiers. Different verifiers compare and verify different parts without having access to the whole image   The user can now use the verified information from both the decentralized Spreadsheet and Photo app for authentication, kyc, or for using decentralized companies/websites that require some forms of unique identifications. And you could somehow even link the information/data from both the spreedsheet and image app together on Single decentralized Profile/platform. Users Blockchain activities, reputations, etc can then be collected and immutablly saved on the Profile. I think it will also be important to thoroughly encrypt the data on both decentralized spreedsheet and image app. The decentralized Spreadsheet and Image Application could be as basic as possible, or better still, they don't need to have lots of unnecessary features. They should decentralized-friendly They could be as decentralized as having many users in the network download/running the softwares, acting as nodes, monitoring the network, verifying the authenticity of stored information, storing private information on the platforms, be part of consensus etc |
|
|
|
How would you do that guys? do you consistently bet on parlay with big odds?
I do bet but not often. I am not the kind of person that place a big bet on anything. I am afraid of losing but seeing people on the list with corresponding amount of winning is quite surprising for me. I can't believe that it is possible to earn that kind of amount through betting only. Maybe they win often than lose. Well, there are price to be won in bettings, but I wish lots of the betting sites/centers have fool-proof systems to prevent abuses by either the bettors or owners. We really need to be sure that those hugh amounts are won very fairly. And I wish the very large wins for small bettors are split into more prizes for really more small bettors to win. |
|
|
|
Honestly, watching a chess match even if it is an official tournament or not is not as thrilling compared when you are watching other sports or e-sports. And it will not create that much demand if it will be included in sport books.
Watching chess matches can be boring for those people who are not really into playing chess. Of course they will not enjoy it like most of the players that are watching the game because they do not fully understand the game. Actually chess is a thrilling game specially if they reached the middle game and the end game. Chess is actually included on sport books dude. I guess games that are not characterized by lots of sounds, physical movements or easy-to-understand rare patterns can be boring to people who don't understand or find them interesting. I suspect that if you add some loud and fanciful sounds/movements/effects on television-based chess, lots more people will begin to like it |
|
|
|
How do we safely store our private information in decentralized manner and also have them verified by verifiers when necessary? We could have an unlimited Large blocks (or Ranges) for users to store their private information on a decentralized, safe and Immutable shared Spreadsheet { Notethat Spreedsheet "Range" is simply group of "cells" that are together. Cells are the small "blocks" in a spreedsheet}. So, let's assume I'm creating a decentralized spreedsheet with people to store some of my most private information like Name (First, Middle & Surname), Address, Gender, Skin color, Nationality, permanent features on my body that make me unique, etc.. I would (I prefer to) number things this way (vertically) on the decentralized spreadsheet cells 1. Surname: 2. First: 3. Middle Name: 4. Gender: 5. Address: 6. Eye color: 7. Skin colour: 8. Nationality: 9. Other permanent body features that makes user unique: 10... 11.... Etc A user will type his/her private information on the spreedsheet (typed horizontally in the cells) to fill out the required info for no 19. Deriving Secret KeysWe could derived our secret/private keys from Range and cells. If I use the spreedsheet image above to derive the secret keys, I will get these: (There are two large blocks or ranges in the image, but I will focus on the first completed one) * Each Range or large Block = A1:E9 (that is, Cell A1 + E9) * Each cell = Column + Row * Number 1 to 9 = A1 to A9. 1 to 9 will contain questions on Names, Nationality, Gender, Address, DoB, etc. While a user's private information will be typed horizontally covering 19 or A1A9, like this: if Cell A1(1) contains Surname, Cell A2(2) contains First name, the private information (for questions A1 & A2) will be typed in cells B1 (C1, D1, for longer info) and Cell B2 (C2, D2 for longer info). You should be able to derive your secret keys from that ^, for your private information in a large block or range. Why this method is important is that the owner of the private information contained in a the large block could be able to turn his/her private information in the large block invisible to the public, and also shuffle 19 (A1A9) randomly Or move his whole info to another Large Block (or Range) for better security. Verification of Users true identity by "Verifiers"I think you could combine Decentralized Spreadsheet and the Decentralized Image Application for verifications. (*I wrote about the Image App here: https://bitcointalk.org/index.php?topic=5260086.msg54735471#msg54735471 ) Once a user has entered his/her private information on the decentralized/shared Spreedsheet, he/she waits for the information to be verified by verifiers. The private information contained in the user's large Spreedsheet's block and Image app block are sent to the verifiers for split or bit-by-bit verifications for the sake of the user's privacy and security. Before this is possible, the user copies or receives #No 19(or A1A9) cells information in his Block of the decentralized Spreadsheet. The user would have to distinctly highlight (possibly in block highlights) the names[first, middle, surname], gender, address, DoB, on his/her scanned ID card and get them numbered from 19 like they are numbered on the spreedsheet cells. Once they are highlighted and numbered, the rest of the information on the scanned ID card can be randomized back to its blurred state. The highlighted parts of the ID can then be verified and compared with information on the spreadsheet by the verifiers. Verifier 1 is shown only the Surname on scanned user's ID card to compare with the one on the spreadsheet and verify... Verifier simply verifies if both matches(has thesame name)and looks original. Verifiers 2 to 9 compare and verify theirs thesame way, respectively. User's portrait images 👤(esp the face) on both the scanned ID Card, decentralized image app, and possibly camera can also be compared with each other and verified in similar manner. For privacy sake, I believe the facial image should be split horizontally into multiple parts and compared bit by bit (from top to bottom) by different image verifiers. Different verifiers compare and verify different parts without having access to the whole image The user can now use the verified information from both the decentralized Spreadsheet and Photo app for authentication, kyc, or for using decentralized companies/websites that require some forms of unique identifications. And you could somehow even link the information/data from both the spreedsheet and image app together on Single decentralized Profile/platform. Users Blockchain activities, reputations, etc can then be collected and immutablly saved on the Profile. I think it will also be important to thoroughly encrypt the data on both decentralized spreedsheet and image app. |
|
|
|
|
Any reason why it should not be used as payment method?
Well, I think governments should really focus on making sure it is used as payment method in safe and right manner. This should be possible if Bitcoin is very safe to use.
By the way, no country controls Bitcoin alone. It does not have the name, symbols, signature etc of any particular country on it. It's a decentralized currency owned and controlled by people allover the world... more like how Gold, silver are "decentralized" .
It won't really be a good idea to tell people not to exchange gold or silver for goods and services especially as they aren't really owned by any particular country.
I think safe use of Bitcoin for payments should be the main focus.
|
|
|
|
|
Or rather than a newbie bothering himself or herself with the challenging job of day trading, he/she could simply focus on buying few established coins when their prices dip substantially (and sell when they increase) until the market is well understood and he/she can then move to day trading and trying other coins. Price notifier and stop loss will help alot in this case
|
|
|
|
|
I usually wondered how Bitcoin atm in other part of the world operates. Most/many without license?
Well, this is one of the issues I consider whenever the thought of encouraging people to try the bitcoin atm or even Bitcoin PoS comes. I guess they should make the licensing easy to obtain depending on the volume of transaction a business would handle.
|
|
|
|
Do you really need a Degree these days?
If you had to do it all over would you go to college?
Actually, there are many individuals who didn't even have a chance to get in to college but are now successful. Exactly. I have seen lots of successful businessmen, entrepreneurs, etc who have little education(typical education). Such people usually get educated in different ways, like through apprenticeship, seminars, self-taught, books, videos, etc I will simply go for the good basic education. I probably won't bother myself with things that won't interest and improve me. The most important thing is to be useful to others and serve them well. |
|
|
|
Hello everyone
For several years I have been living off several bookmakers and I will show you how I do it.
I usually make 1-3 Express invoices a day, and I will post some of them here. My daily income is ~ $ 100 . There are also disadvantages, but minor.
I will post my personal betting statistics and the percentage of the Deposit that I will make specifically for this forum. For the month of June, I received 166% of my initial Deposit of $ 9,304 .
I also do insurance in risky moments, but this is very rare.
Let's be honest. I'm not asking anyone to repeat after me, just maybe my some Express forecasts will help someone.
Everyone thinks with their own head.
Go. The initial Deposit for this forum will be 1000$ in no matter what website, I do not want to advertise them.
STATISTICS:CHECKS THAT I WON (CALCULATED IN DOLLARS)NA
CHECKS THAT I LOST (CALCULATED IN DOLLARS)NA All bets will be placed in the new posts, but the first one is traditionally placed here. Manchester United - West Ham United - Both teams to score YES / 1.85
Liverpool FC - Chelsea FC UNDER (3.5) / 1.51
Torino - Hellas Verona UNDER (2.5) / 1.97
Odd: 5.50 Bet: $ 175 Poss. winnings: $ 962.50 Quoting for reference - lets see how we get on  Nice. I bookmarked this thread already. Hopefully I will check it once in a while to see how well Op is doing. I guess his result and transparency (after doing this abit long) will determine if he's truely good at this or not |
|
|
|
Would have been ok if those they get to stay longer are benefitting positively while spending their time on games. The benefit should be mutual, and not one way thing or just for the casinos. This is one of the reasons I think most games should be redesign in such a way that the players benefit positively while spending longer time than is necessary on them
Well said, but it seems impossible to me. The casino must make a profit, it comes from the loss of players. If players win, the casino will not make a profit, which means that it will not be able to pay taxes, rent, staff, and so on. In this case, the entire casino system should be redesigned, say, into food delivery. In that case, everything wins, but then it will no longer be a casino. The casino ^ Includes online casinos. I think it's possible. Games like dice could be resigned alittle to include very educational/beneficial/good materials. Maybe build the dice in an educational way and use it as a reward/incentive system to get players to learn and win random gifts while learning. This is one of few examples |
|
|
|
I just now read the whole article and I was amazed to read that there are others in this list who actually wagered small amount and won. I will call them lucky ones as rarely it happens that someone wins a huge amount by just wagering a few pence.
This is better if true. But the Large wins (millions of dollars) for one small bet is abit too extreme in my opinion. I see similar opportunities(in local fiat) on national television lotto or as text messages... and I'm beginning to think that the rewards should be split to more people... especially if they bettors are not that rich. |
|
|
|
|
Is it illegal for two law-abiding persons to exchange currency/properties in anonymous/private manner in the country? If it's not illegal, why then the "gradual fade away" of online anonymity with cryptocurrency?
If the purpose of "gradually fading away" anonymity is to prevent crime, you could still use decentralized anonymity/privacy setup that can be attached to users unique cryptic identifications... In this way you are not breaking any of the country's law.
|
|
|
|
Crypto will never crash the system and replace money, at least not in north america.Everything is enforced by laws, like a law that tax needs to be paid in cash, on all items, no matter what the person pays with.Sometimes it feels like people think if we all go crypto, money is somehow going to be free, and life is going to be so much easier, I don't think that's true. Imagine if you could only buy bread with crypto, and some billionaire buys a large amount of crypto the night before, the next morning your bread will cost twice as much. In other words its a rare resource, basing prices on crypto doesn't make sense.It can represent money all day long, and have value based on the dollar, but I don't think it can be money, unless governments just make digital cash for us, that doesn't jump too much.
Imagine you buy 10 loaves of bread with fiat currency for $5 total, save the money in your savings account and the next day a billionaire buys up and hoard most of the basic things in the market and those basics things double in price due to scarcity... [Printing too much money than is needed can also cause such inflation.] And the little savings of the poor saver is devalued. Or Imagine selling your cherish bike for $3,000, you keep the money in your savings account long-term, and next 7months the currency loses value due to inflation of basic goods and services. I think deflationary currency will be best for both the bread and bike savers. A moderate deflationary currency can function as both "stablecoin" and normal cryptocurrency |
|
|
|
More below (first posted here: https://bitcointalk.org/index.php?topic=5263883.msg54850600#msg54850600 ) [July 22, 2020, 07:48:51 Pm] In regards to *number one* (Earn $BREE for holding DeFi assets), does it mean if you don't hold those defi assets you won't be able to fully participate in governance? What is the minimum amount of the DeFi assets are needed to participate in governance? *Number two* (Earn $BREE for proposing/voting) sounds good in my opinion. Maybe make it optional for those who don't have defi assets. Defi assets holders will probably just stake & earn more tokens/coins for merely holding. I think everyone should be able to participate (whether staking or not), make valuable contributions and earn rewards/coins/tokens for their contributions. By the way, why impose limits (with the use of delegate governors) on those who can propose new ideas? If it's for quality reason, why not allow everyone to propose ideas on "Unfiltered section", then the best ideas on the Section automatically get moved to Filtered or Main section? Majority of the community members simply do not care about these governance protocols. They are only after those sweet yields. To attract lots of quality participants/contributors, my incentive or reward models would be to rank participants up according to the value of their contributions, how long they participate with the community etc... As participants rank up in the community, you keep promoting or granting them additional privileges, opportunities, increased earning power on their contributions, etc.. Reputation/trustworthiness can also be used to incentive participants. This will ad to their overall decentralized Network/Blockchain reputation I think every good contribution by all members should be rewarded. The community could create lists of agreed rules and principles and automatically reward members who do not break them during their important community contributions. Members should automatically earn rewards after being active doing something useful or contributing to something good, but if someone or bots downvote you for breaking some rules/principles (with proofs), you lose part of the rewards, depending on the seriousness of the rules/principles violated... both the upvoters and downvoters would be rewarded manually/automatically based on the accuracy of their votes, or better still based on the correctness (with proofs) of the reviews left by the upvoters/downvoters. There should be very qualified/honest/accountable people who give their final verdicts on the reviews after verification and canceling of wrong or undeserved downvotes/upvotes... Rewards can then be distributed to participants after the final assessment is completed |
|
|
|
I wanted to write abit more about better Consensus Mechanism and governance system later in the future but I noticed that people are quickly already showing interest in alternatives to existing/developing consensus mechanisms. I had to write part of what I have on this thread: https://bitcointalk.org/index.php?topic=5263883.msg54850600#msg54850600Here is the post(a reply to thread in the link above: In regards to *number one* (Earn $BREE for holding DeFi assets), does it mean if you don't hold those defi assets you won't be able to fully participate in governance? What is the minimum amount of the DeFi assets needed to participate in governance? *Number two* (Earn $BREE for proposing/voting) sounds good in my opinion. Maybe make it optional for those who don't have defi assets. Defi assets holders will probably just stake & earn more tokens/coins for merely holding. I think everyone should be able to participate (whether staking or not), make valuable contributions and earn rewards/coins/tokens for their contributions. By the way, why impose limits (with the use of delegate governors) on those who can propose new ideas? If it's for quality reason, why not allow everyone to propose ideas on "Unfiltered section", then the best ideas on the Section automatically get moved to Filtered or Main section? Majority of the community members simply do not care about these governance protocols. They are only after those sweet yields. To attract lots of quality participants/contributors, my incentive or reward models would be to rank participants up according to the value of their contributions, how long they participate with the community etc...
As participants rank up in the community, you keep promoting or granting them additional privileges, opportunities, increased earning power on their contributions, etc..
Reputation/trustworthiness can also be used to incentive participants. This will ad to their overall decentralized Network/Blockchain reputation
I think every good contribution by all members should be rewarded. The community could create lists of agreed rules and principles and automatically reward members who do not break them during their important community contributions. Members should automatically earn rewards after being active doing something useful or contributing to something good, but if someone or bots downvote you for breaking some rules/principles (with proofs), you lose part of the rewards, depending on the seriousness of the rules/principles violated... both the upvoters and downvoters would be rewarded manually/automatically based on the accuracy of their votes, or better still based on the correctness (with proofs) of the reviews left by the upvoters/downvoters.
There should be very qualified/honest/accountable people who give their final verdicts on the reviews after verification and canceling of wrong or undeserved downvotes/upvotes... Rewards can then be distributed to participants after the final assessment is completedMy previous post on proper voting on decentralized system: ✔ A more proper way to vote in decentralized communities https://bitcointalk.org/index.php?topic=5224322.msg53800187#msg53800187 |
|
|
|
|
Show Posts
