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How can a responsible gambler not remember how much money he spent on gambling or alcohol? A responsible person doesn't get drunk to the point where he can't remember what happened yesterday. A person who consumes alcohol in such quantities will not be helped by any financial reports. I am not sure that if those gamblers drink alcohol until drunk, remembers how much money he already spent ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) If he is really responsible, he will not let himself drink alcohol until he is drunk. He will not remember what is happened before, but he can probably remember vaguely about that when he wakes up. A responsible gambler can always control himself not doing something that can make him in trouble.
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I think the casino is trade with their coins for some parts to make another profit from crypto. They have a lot of money to trade and run their business simultaneously, so if they can make more profit, they will be enthusiastic about buying and selling their coins. With the popularity of crypto from a few years ago, I think the number of bettors is increased much as this pandemic makes gamblers who are playing gambling at the offline casino are trying to search for online gambling to continue playing gambling. So that affects the crypto gambling business which means, they get more new members from offline gambling. If we talk about the profit, maybe that will be more profit in USD as bitcoin price itself increases so high depending on the last year to give more profit too to the casino.
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When you spend money constantly in bits, it is normal that you may not be able to keep track of the amount you have spent on something say gambling or alcohol. If a financial record or something like a register is shown to you having the total amount you've spent on a habit, you may be surprised the total amount you see.
As a way to keep track, would you like to receive regular, maybe weekly or monthly financial statements highlighting wins and losses from a gambling site?
Can you share your thoughts please?
Having a weekly financial statement in gambling will be better for a gambler to see how much money he already spent on gambling on that site. Many gambling sites will have that financial statements for their members because that can help a gambler calculate his funds to gamble. If you are a responsible gambler, that report can help you to analyze how much average money you can use a week or a month so maybe you can adjust the amount which you think that is you can afford. But I do not think that many gamblers will create that report for themselves, especially if they play gambling for fun.
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They have no more questions on the list under Tokyo Olympics? What is happening futuur? I placed a bet on 1 question under this Olympics - about the number of gold medals that Biles will rake on this event. But now, they totally removed it.
Was planning on betting on Biles too. They probably felt that there was low demand for these markets due to which they delisted them. If there is enough demand for them, they will probably relist them later on. Currently there are 35 betting markets (questions) available under the Tokyo Olympics. Don't know what actually happening with all of you. Although I have observed that, betting markets are loading slowly than before. Anyone else facing it too? Here is the question about Biles gold medals number: How many gold medals will Simone Biles win in the Tokyo Olympics?i think they just updated their markets for Tokyo Olympics and now they have about 73. because the last time i checked, nothing was listed. anyway, with this development, i hope futuur team will promote this event so people will be encouraged to place their bets. any bonus/rewards during this period? they need to be pro-active and take advantage of this occasional event. I think they are still working on that as when we check on their site, they already updated their markets, as you said. The update itself needs time to add some features and ensure that everything is working as they want. If Futuur can work hard like the other gambling site, they will get more members who will place their bets. I am sure they will add bonuses or rewards during those periods and we can wait for the next announcement from them. Futuur is a unique and lart gambling site that most offers the game to bet in which they originated. from sports to showbiz , from politics to even the climate? i think futuur's future in this market and business is far way to long to calculate but one thing is surely will come and that is futuur will succeed in this business. you can even bet here for an event that will happen for the next 5 years, so if you trust the site and believe in your speculation , then this site is for you to bet on. Yes, I see Futuur have a chance to become bigger with many predictions to gamble, giving people to predict what will happen in the future. But maybe the predictions do not need to have a long time because there is no guarantee if we still remember about our prediction. Maybe having less than 6 months will be better or but that will be up to them because not many people will have to wait for a long time for the result. But so far, the site is doing good things for its members, and I am sure they still develop something that benefits their members.
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for now the market situation is better. since the recent recovery the market looks very good and many think that this will continue. but I see it not so, because bitcoin and other big altcoins don't have the power to go any further than this. I don't know what made him like that, but this could be a sign for us to be more vigilant.
- Your observation is very correct when I also see a relatively strange recovery compared to previous ones, instead of the capitalization moving evenly from bitcoin then to the top coins, but the situation is quite random that everything goes back to bitcoin while the altcoins have not received any more support. This can be a virtual pump that serves two purposes, user psychology and prepares for further discounts, we may be hoping for more these days while the storm is still here currently, the dominance of bitcoin is still strong. support for altcoins has not yet been created. The current market movement has made it difficult for many people, especially short-term investors, to make investment plans. the possibility of correction is still very large. but I see some people say that we've hit the bottom for this year. but I don't think we're at the bottom yet. With bitcoin increase and back to $39k-$40k many times, it could give the altcoin to increase and back to the high price for a while before the bitcoin and altcoin can get another bull run. The price can stay at a price now but the price can also increase to the other high price. Maybe the market situation now looks strange to observe but the movements are still good and hopefully, it can increase in the next week. While we still are carefully analyzing the market, we should prepare for the next correction because it can come anytime.
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the current conditions will be different as we can see the price is up and down. But the trend of up and down will always be there, no matter how much bitcoin price it is. The bull run will come again soon and who knows, that can happen twice this year, so if that is coming, we will see the price will be able to back to $64k and have more chances to break on that price. Maybe we see the price is low now and we think that the price can go down later, but if you do not use this time to buy bitcoin and only see the price move, you will regret it when you see the price start to increase.
Bitcoin bull run will happen, and you know what will happen after that? Bitcoin bear run. That is how it has been forever, first it was a low price when it first started, even nearly free because people were like gifting each other thousands on very early days, then the price started to go up, the first skyrocket happened like towards 33 dollars or so, then dropped like crazy, then towards 150 bucks and dropped like crazy (funny enough that is when I started) and then it went to 1400 and dropped like crazy, then went to 20k and dropped like crazy and now to 64k and dropped like crazy, which means it will be much more than 64k in the future, and then it will drop like crazy after that as well. That is just how the crypto world works and that will always be how bitcoin prices will be, sure in the meantime we have some calm days time to time but it will always skyrocket and fall in circles. The bull run comes and when it is finished, the bear run will come. Yes, that will be like that and we could just follow where the price moves by buying and sell or buying and hold and that is the option for people who want to use the opportunity from bitcoin. I remembered that day when bitcoin is very cheap to buy and it is available as a reward by playing faucet and we can get many satoshis at that time. But the time to earn like in the past is over because the bitcoin price now is at $39k-$40k and the reward is just reduced a lot. But we can still earn bitcoin in many ways and hold the satoshi because it will be worth it in the future. So if we can have patience while we try earning more bitcoin, we will have the opportunity to sell bitcoin at the next high price.
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so yea like will ever just stabilize really low like in 2018 and 2020? or are we at the low?
I'm sure the current conditions are different from 2018-2020, now the bitcoin price has hit $40k and I'm sure the bull run will repeat soon, maybe the price can reach at least $90k, so I will continue to buy bitcoins from savings. Yes, the current conditions will be different as we can see the price is up and down. But the trend of up and down will always be there, no matter how much bitcoin price it is. The bull run will come again soon and who knows, that can happen twice this year, so if that is coming, we will see the price will be able to back to $64k and have more chances to break on that price. Maybe we see the price is low now and we think that the price can go down later, but if you do not use this time to buy bitcoin and only see the price move, you will regret it when you see the price start to increase.
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I'm about to try Defi platform now but i have no idea about it. All I really just see is that its going to give me more than 10% of APY. This is good enough for me but I just want to be aware of the risk if anything could happen. Any given situation, is this not going to be good?
APY 10% can tempt people to invest their money in that project without knowing if that project has a good plan and can work step by step. As the DeFi platform nowadays becomes popular, it could attract scammers to use the trend and create the fake DeFi project and invite many investors to join with them. If you really want to invest in the project, I suggest you invest in bitcoin and hold it long-term. Bitcoin does not offer 10% of APY or something like that but bitcoin can give you the profit in the future. But if you still insist on investing in the DeFi project, you need to be very careful because not many of them can give you the profit.
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I am not an active gambler only sometimes I like to gamble when there is an urge to gamble and in a month only a few times to do it and for fun and with small capital. although sometimes there is a desire to continue playing but I can control myself and other reasons I always lose even though I rarely play gambling and when I lose there is always a sense of regret and why I do that that's why I play when there is a desire to play and with small capital.
Don't worry because majority of us are Losers , there are only very few that can manage winning more often. and also Categorize ourselves as a Fun gamblers and not a total gambler in which can be addicted at any time. The difference is we can use gambling as an activity that will not make us addicted because we can control ourselves. But when we continue playing by spending more money and lose control, it can make us addicted at any time. No matter how much money we use to gamble, we are still a gambler and even if we do not play gambling very often like the other people, we are still a gambler. But playing gambling is okay as long as you know when to stop gambling and always prevent becoming an addicted person to gambling.
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Wrong , In trading you have more possibilities or gaining if you know what you are doing and know what you engaging but in gambling as it is purely luck ? lol this is not comparable in gambling at all.
Of course we have more chance to earn in trading unlike in gambling that is more on luck. What I said is they have similarities, it means they're associated with risk thus a guaranteed profit is not certain and it depends on our strategy (if you trade). On the other side if you cant manage your time to do both, then might as well focus on what you most prefer to do. Dont force yourself if its giving you a hard time because your health might put at risk. Focusing on trading will be better since you can earn money and not playing gambling too often. That can help you distract your mind from thinking about playing gambling because you will see that you have more chances to make money in trading than gambling. And once you see that you can get the profit from trading, you will want to repeat the process to get a bigger profit. In the end, you will not touch gambling and even think that gambling is one of the ways to make money.
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They have no more questions on the list under Tokyo Olympics? What is happening futuur? I placed a bet on 1 question under this Olympics - about the number of gold medals that Biles will rake on this event. But now, they totally removed it.
Was planning on betting on Biles too. They probably felt that there was low demand for these markets due to which they delisted them. If there is enough demand for them, they will probably relist them later on. Currently there are 35 betting markets (questions) available under the Tokyo Olympics. Don't know what actually happening with all of you. Although I have observed that, betting markets are loading slowly than before. Anyone else facing it too? Here is the question about Biles gold medals number: How many gold medals will Simone Biles win in the Tokyo Olympics?i think they just updated their markets for Tokyo Olympics and now they have about 73. because the last time i checked, nothing was listed. anyway, with this development, i hope futuur team will promote this event so people will be encouraged to place their bets. any bonus/rewards during this period? they need to be pro-active and take advantage of this occasional event. I think they are still working on that as when we check on their site, they already updated their markets, as you said. The update itself needs time to add some features and ensure that everything is working as they want. If Futuur can work hard like the other gambling site, they will get more members who will place their bets. I am sure they will add bonuses or rewards during those periods and we can wait for the next announcement from them.
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I think bitcoin will have more power to raise the price to the high price and back to above $40k because it seems the crypto market sentiment is back on bitcoin. But we can not have an accurate analysis since the bitcoin price can move anywhere. Hopefully, this month will change everything and bitcoin can start another rally to the high price and altcoin will also follow. Who knows, the price will be staying at the current price for a while before it starts the next rally. If that happens, we still need to be careful because there will be a chance for the bitcoin price to go down below the price.
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It will need to prepare many things before that ombudsman can start. Listening to the customer's problem will be the most thing that will not be easy as they need to write on the note what is happening to them and start investigating the casino. Maybe we can wait for more to see if that ombudsman can work with the right to attract attention from the others to have an ombudsman too. I think that can help both sides, the gambler and the casino, so with the ombudsman organization available in that country, it can control the number of addicted people to gambling.
Uh I agree with it helping the casino and the gambler, but not on the side of addiction. The system isn't easy to implement since they need a LOT of personnel to respond to the complaints made. Some may be trolls, some may be legitimate, but since it asks about the "fairness" of the casino, then they need an actual person to address the problems. A single team is NOT enough for them to actually respond. Maybe make a periodic checking of systems that casino use might actually be better tbh. If that is about the addiction, that will depend on how that person or gambler reacts to his addiction. That ombudsman can help the gambler who has a problem with the casino but that will only if the gambler is not making a mistake and the casino did that. But maybe after that system is run, many complaints will be on their desk and need to be solved one by one and will need more resources to help that organization solve every case. It is still a long journey before the government can approve that system and I think that will need awareness from the gambler itself because, at some point, they need to be responsible with their money.
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These people lost huge amounts of money. Most likely, they earned this money very easily and without problems. Something that is easily earned is also easily spent. We can see that some of them (for example, Zhenli Ye Gon) got money by committing crimes, which confirms my words that money was earned very easily.
If that so, the win money from gambling game would be a "hot money" that will be gone fast ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Actually, people see the chance of losing much money in gambling, but they tend to continue and hope that the next game will be their luck. That is what we saw from gambling and makes many people spend more money to win some money that is not worth doing. But if that gambling can be our pleasure to have fun from the gambling games and do not spend too much money, that will not be a problem as we still have the other money that we can use for other things.
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lately i have been stressed off and depressed because of lack of sleep, i just got my hand on so many thing and among those is trading and gambling this two activities requires lots of research and hard work which is time consuming, and am beginning to feel that am over doing it. is any one in this category that can help me with advise on how to go about combining trading and gambling at the same time.
You need to choose between gambling and trading and do not put it together because that can make you feel blow your mind. It is normal if you feel stressed and depressed because you are trying to analyze both, although we do not know if you simultaneously did. But I suggest you choose to trade and leave gambling as a fun activity that does not make you research deeper than gambling. We never know when we can get lucky in gambling and trading, but in trading, we will have more chances to profit, even if the price now is reduced than the price we bought because the price will be back to the high price soon. So if you can focus on trading and only gambling because you have free time, I am sure your mind will not think much about gambling.
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Rich or poor doesn't determine how easy you hold a crypto coin. There is no strong correlation between someone's economic level and holding. Holding is often easier if you use only the extra money for buying the coins you are holding. If you use your daily funds to buy the coins, you are absolutely to have many problems holding them. So, make sure you don't force yourself to invest, just invest after you have funds that you afford to lose.
It is not as easy to say about holding the coin because we need to have calm when we see the price move. That can make us do something related to the current situation that happens on the market. If you can control this, you will not feel difficult to hold your coin because you know that you want to hold it for some time and not sell your coin if the price is not hit the next high price. Even if that is extra money that you use to buy for your investment, it does not make it easy to hold unless you prepare everything before you invest your money.
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People are curious about winning on the slot game because that game really needs to have the luck to win, and not many people can get their luck and win some money. Maybe he is desperate because of his losses, so he says like that, but he can not do anything because I do not think he can break their code to win the game. But I believe that some people can win easily on the slot game and get the money or sometimes hit the jackpot. I hope you can suggest your friend not spend much money playing slot games because that can be the biggest loss of his money.
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I feel litecoin still has more potential to recover, and even it will have a chance to lift the price back. But as we know, the altcoin needs to wait for bitcoin to start increases to increase altcoin. If the bitcoin price does not increase so high, maybe the altcoin will not rise and have the next bull trend, which will happen with litecoin. So there is nothing we can do except waiting for that time while we can still buy more litecoin at this moment so we are ready for the next bull trend.
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Well it's a nice intro to regulating casinos, as well as listening to customers so that casinos are more well regulated, but at the same time, the system CAN be abused by opposing casinos or heck, even troll ones at that, so as long as they're able to manage that, then it's perfectly possible for them to implement it. Casinos would have a harder time in trying to take advantage of their customers, and scammer ones would easily be filtered out since they'd have stricter checks imo when they implement this. It's a plus on our side, not really a minus on the casino side if they do their job properly.
It will need to prepare many things before that ombudsman can start. Listening to the customer's problem will be the most thing that will not be easy as they need to write on the note what is happening to them and start investigating the casino. Maybe we can wait for more to see if that ombudsman can work with the right to attract attention from the others to have an ombudsman too. I think that can help both sides, the gambler and the casino, so with the ombudsman organization available in that country, it can control the number of addicted people to gambling.
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Up until now, I thought the only way to convert fiat to BTC is through KYC exchanges. It seems like there are alternatives such as Bysk. Did I shoot myself in the foot by purchasing through KYC exchanges?
I think KYC is a good thing, so I always do KYC on every exchange, crypto is an asset and without KYC it will be difficult to recover assets if a problem occurs, I'm sure an exchange that implements KYC will not sell our data unless it gets hacked. But we need to select the recommended exchange to do KYC and not doing KYC in all exchanges. That will be risky because we do not know what will happen to us if we are doing KYC in exchanges that will not have reputations. But that will be back to personal because when we can feel comfortable to trade in one or two exchanges, we can doing KYC without any hesitations and will not have a problem by sending our document to them. If someone does not feel comfortable sending the document to the exchange, he can search for the exchange that does not need KYC to reduce his risk of getting scam by the exchange.
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