Not much to be confused about really. The Cuban government is a little slow sometimes to recognize certain advances, but they must have seen Bitcoin being used on a large scale (lots of transactions through banks with this explanation) and decided to tax it. In order for them to tax it they needed to legalize the usage of it, otherwise it would have stayed a grey area and made the government officials look a bit foolish. Considering how cut off from the global financial system they have been, due to sanctions from the USA where most payment processors reside, it seems like cryptocurrency is a great method for the many overseas Cubans to return money back to their home country. |
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Have you guys switched from one cryptocurrency to other on account of continuous loss in gambling. If so what is the coin that has brought in big winnings as well as losses. Myself had thought of switching to other cryptocurrencies from ethereum and bitcoin once after every loss. After a long today myself tried with TRX instead of bitcoin. This also ended with loss, which made me realise it is not about the cryptocurrency and it is all about the luck.
The whole premise does not make much sense. The format of currency has zero impact on gambling companies taking your money and it's probably time to take a break from gambling if you think this way. Casinos and sportsbooks have one simple recipe to make money from gamblers - give the house a slight edge in order to slowly deplete the money of gamblers. In a sportsbook that means a slight buffer on what is classed as a good bet (e.g. if they know the odds are 4/1, they will offer 3/1), in poker the house will always be making money from the rake and in virtual games like slots there is a fixed win ration that means the player will never beat them. Either think of it as a form of entertainment and accept it, or find a different game. |
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Hi
I would like to make a sports betting bot for stake using their Api on in play games
The bot must place bets on my behalf on certain markets I choose
Based on rules like bet amount . Only bet when odds is below certain number and above certain number plus some basic rules
Is it possible ?
Any programer here who can help me ? And thank you
If you really want to be safe about this then you'll probably need to know and understand the code that is being used. There are plenty of people out there who might program you this sort of software with a backdoor they can trigger and send your funds to their own wallet. Not to mention they will probably end up reselling it because a professional version (that stays working) will likely require a lot of work and most people usually are not willing to pay the right amounts for it. If the programmer was to end up reselling it then your potential arbitrage profits are likely to drop over time as more people are trying to do the same thing. Be very careful who you trust with access to your wallets or hardware devices. |
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Lately, I exhibited some character which to me is an addiction.
Whenever I close my eyes, I see the bitcoin logo and price just like the way it is on my device at first I thought it was normal and will fade away with time but it has persisted to this very moment while I was discussing with my other Bitcoin lovers they told me that now an addict.
So I would like to ask, is there anything like a Bitcoin addict if yes then please tell me how to become one, cause I will gladly get addicted to Bitcoin again, and again I will become a Bitcoin pro-addict if that is the case.
Will you get addicted to Bitcoin if that is possible?
You should really get out more as it'll help expand your horizons. Anyone who wants a bright and prosperous future should always be aiming to diversify the assets that they own. You'll be at huge risk in future if any adverse events happen to the cryptocurrency market - I'm thinking of regulatory action by most of the economically biggest countries in the world. We already saw how just China effectively banning bitcoin had a very large impact on the price, it would be crippled if America or large parts of Europe started taking similar unfriendly actions towards it. Bitcoin as it is has already had most of the price action that it is likely to see, it gets exponentially harder for the price to increase from this point. |
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As we know gambling addictions and all kind of addictions went up during the pandemic as people tried to find a way to cope with the stress of being on their homes, however it seems that the return of live sports is causing problems to some gamblers that have been struggling with addiction as a charity organization revealed the event caused a spike of 28% on the helpline calls they received during that time, this is problematic as those that developed the habit during the pandemic were very limited on the number of events they could bet on, but as restrictions are lifted the options increased and they have no way to deal with this. What do you think would be the best option to those that are experimenting these issues right now? Should they stop watching sports forever as this is the trigger that causes them to gamble without control or should another solution be possible? https://news.sky.com/story/euro-2020-tournament-caused-spike-in-gambling-problems-says-charity-which-warns-of-return-of-live-sports-12387574I think that the ridiculous wages that we see at the top end of football fuels a large part of this problem. When you're trading players (who are supposedly worth tens of millions) then you need advertisers who pay out huge amounts. The most lucrative industries like gambling are simply overflowing with money right now and always looking for new punters that they can suck in. In effect all these huge transfer fees that we see every year are being partly funded by unfortunate souls who got sucked into a casino which they saw advertised on the side of a football pitch, but then everyone is free to make their own decisions in life and nobody is forced to spend money on such things. |
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I saw an article on this a few days back from a legitimate source and I'm wondering why no one else seems to have made a topic here on it.
It seems the UK financial conduct authority was trying to find a way to come to an agreement with binance to keep operating in the UK but put blame on binance for not being able to answer the questions it wanted them to.
I'm not entirely sure, personally, if this has any impact on bitcoin at all as I think there is a lot of competition to binance the FCA won't be able to find or that will comply with the FCA (such as coinbase and decentralised exchanges and the smaller leverage platforms).
It'll probably have a very small and limited impact on the overall price. There is nothing wrong with different regulators in different countries taking different actions to protect their own citizens, as you say. If companies want to operate with the approval of the UK authorities then that is up to them, however it's a fairly rich and open marketplace for companies that do want to comply. I wouldn't be so sure that Binance are the blameless ones here - I've used their platform once and the fees were absolutely extortionate so it would not surprise me to think that they would be up to other dirty tricks too. Being FCA approved is generally seen as a good thing, but obviously the regulator can make occasional mistakes. |
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I put a question mark in the title because I don't trust the banks, and I don't know if this is a way of telling the public authorities to put more restrictions on cryptocurrencies. Or I don't know if it is a way of surrendering to the evidence, and in the same way that for many years they ignored Bitocoin and cryptocurrencies, but now they are going to offer custody services, etc., they now recognize that this is unstoppable. Bankers Issue ‘Seismic’ Warning: Bitcoin, Ethereum, BNB, Cardano And XRP Could Replace The Dollar In Just Five Years As Crypto Market Price Adds $1 Trillion". a poll of mostly banking executives found most think bitcoin and digital assets could replace fiat currencies like the U.S. dollar within the next five to 10 years—a shift described as "seismic." <...> " A strong majority (81%) of the almost 1,300 executives questioned think blockchain, the technology that underpins bitcoin and cryptocurrencies, is broadly scalable and has already achieved mainstream adoption. Meanwhile, 73% think their company should adopt crypto and blockchain or risk losing competitive advantage.
"The foundation of banking has been fundamentally outlived and financial services industry players must redefine themselves and find innovative ways to create economic growth in the future of money," Pawczuk, who heads up Deloitte's global blockchain and digital assets practice, said in a statement alongside the report.
This year, Wall Street banks from Goldman Sachs GS +1% to JPMorgan JPM +1.6% have begun rolling out bitcoin and crypto services to their clients as central banks around the world experiment with blockchain-based central bank digital currencies (CBDCs)." If there is one thing you should never underestimate it's hows much people overestimate their own skills at predicting future events. Many of these are probably the same types of "banker" that were buying up subprime mortgages with glee right up until the bubble burst in the 2008 financial crisis. We've already seen that just one tweet just hinting at the idea of extra financial regulations being imposed by the US against Bitcoin can cause the price to plummet across all cryptocurrencies. The dollar being the worlds primary financial monetary instrument, the many countries around the world rely on to prop up their economies, is not going to be replaced in the next 5 years - maybe 50 years at a push. If there was any doubt or inkling of an idea that it might, then you could expect the US government to (successfully) clamp down on it and crush the current price as the dollar gives them incredible leverage over other countries. |
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Sometimes it is simply impossible to recover data if it has been mangled badly - large portions may be missing which might as well be the hold thing due to the way the security of a bitcoin wallet is structured. It's certainly worth a try to use recovery services in this situation, but it can cost a lot of money upfront for no guarantee of recovery. They might even recover the amount and sit on it for a few years before taking the money for themselves if they found out the true value - possibly destroying whatever is left of the original hardware to make sure no one else can get to it in future. He will definitely be kicking himself for years to come and hopefully makes peace with the loss. |
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as a newbie in gambling there are a lot of setbacks that is faced in gambling on a daily basis one of those setbacks is the ability to control our excitement when we win a bet and also our inability to control our emissions when we lose, this two set back are different because there are opposite to each other but there effect of the players unique if you look at them closely.winning a bet is one of the most exciting moment to a gambler most especially when the winning amount is big and this always builds confidence in the player, which is an advantage.And again, losing a bet has its own negative advantage, most especially to a newbie. This always leads to depression and addiction if the player doesn’t have a withdrawal techniques in place.but in all newbies who have persistent in spirit will always overcome these two brains controlling gambling attributes.
You do describe the rollercoaster of emotions that is involved with gambling, but that is precisely what makes it such an addictive activity for some people - they are chasing the thrill of winning large amounts. Far too often however, they have lost much more money than they have earned and the win instills a false confidence that they have any control over the situation. The psychology is heavily studied by the casino operators out there in order to squeeze the most money possible out of each player - unless you are playing a skill based gambling game, where it is possible to get an edge in your favor, you will forever be unstable because you are basically paying for a form of entertainment and will not get your money back. |
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The founder of Tesla and SpaceX, Elon Musk, again stirred up the cryptocurrency market on Friday, leaving a seemingly harmless message about his new dog. He said that he chose a nickname for his Shiba Inu puppy. His name will be Floki. In early May, Elon Musk first announced that he intends to take a Shiba Inu puppy. Then the cost of the Shiba Inu cryptocurrency increased by 68% in an hour. After Friday's announcement by Musk, the Shiba Inu exchange rate increased by 26%, but later corrected. However, another thing is more interesting: 9 minutes after the appearance of Musk's post on Twitter, the Floki token was created on the decentralized Uniswap crypto exchange. Within an hour, its price increased by 795%, to $0.000000001100. As a result, the growth was about 3500%. Do you think this is another attempt to influence the crypto market? Will the project be eco-friendly, because in the case of chia, everything was not so positive? There are already green projects on the market, for example, Crypton , for mining which only needs Internet access and a PC. Is all the excitement around the project really a hype? Like chiahype and etc.? "If you cannot beat the crowd, join the crowd" is a nice mantra to have in the world of altcoins it seems. You just have to get in while the wave is taking off and bail out before the wave starts to come crashing back down. Like in the stock market, it is large financial institutions and a few astute traders that know when to cash out - without being too greedy, that will make the biggest profits from this trend of social media trading. It's a sad indictment of society today that people are so willing to throw money at absolute junk just because some semi-celebrity, who is clearly playing with them, is willing to drop even subtle hints and they jump right in. He's acting a bit like a super villain these days, but he was probably tweeting over a bowl of coco pops for breakfast. |
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I havnt been paying attention to the price of my crypto due to school, and other stuff going on. A month ago I turned 2/3 of my cardano into bitcoin. I looked today to check my gains/losses. I would have doubled my investment if I kept my cardano. I am not gonna let it get to me, but it could have been pretty cool if I held it. hats off to the people that have the patience to hold coins going nowhere for a while.
This seems kind of inevitable really. It is simple math, albeit with huge numbers involved, that smaller altcoins can grow many times while still having a tiny market capitalization in comparison to bitcoin. If you say that the market cap of bitcoin is 2 trillion (the price of all existing bitcoins) then you would need to add $200 billion to that amount in order for it to move up by ten percent. However if you started with an altcoin that was worth $1 billion when you bought in, it could multiply 200 times before it each reached that same value which moved bitcoin slightly. Also, don't bother with regrets - especially if you made a decent chunk of change which many people find hard to do at the best of times. |
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My friend is a digital freelance marketer. He worked in marketplaces like Fiverr and Upwork. He has been working for the last 3 years. He has some fixed clients who work without the marketplace because of marketplace fees. They work via skype and email. There was no problem recently. He got new clints through his personal website. And the Clints give him his payment through bitcoin and my friends approve it. Then he asked me to exchange it for cash.
I didn't have enough cash, otherwise I would have bought it. Thats why I suggested him some p2p services like Binance, Paxful, and local bitcoins, but he had a problem with KYC. He didn't want to provide KYC. That is why he can't use binance. Now I don't want to share the exact name, sorry for that, because I used that service but didn't fall into any problems. Though my friend knows how to use online sites, he tried his own account on a platform and did basic kyc. Though it has a limit, the limit is enough for him.
Now he is dealing with someone who gives a good return and is also our country's man. My friend fixed a deal with him and the deal will be a bank transaction. The scammer sent money to my friend and my friend got a deposit message from his bank.
Then my friend released bitcoin. Here is everything perfect. But the problem starts from now. After 5 hours in the afternoon, my friend goes to the bank to withdraw the cash because he needs it. The bank manager says the money is in hold because they got information from the sending branch of the bank that the account holder of the sender has filed a case about this transaction. This transaction is not made via the account holder. That means this has become a hacking case.
And after 1 hour, police came and arrested my friends for hacking. But my friends don't hack. After the introgression My friends tell them everything and show them proof, then they trust them. But my friend uses bitcoin and bitcoin is illegal in our country. He is a freelancer, and in our country, freelancers get priority from the government. Cyber experts got proof that he was taking payments in bitcoin because he had a problem with paypal. And the clints approach him. Then he was released on a bail basis. And cyber experts are now working on it and the case is running. 3 days ago, my friends came to me and shared everything. But the thing he didn't tell the police was that I suggested him about those sites and I also had btc. He understands that the site has no problems, but the scammers are bad people.
Now I feel worried about whether it is truly safe to use P2P. If we fall for such a kind of scam, Though I still didn't and I always verified and 100+ order completed people plus checked his review and 100% review gained people. And I want to know if you guys have any such experience on p2p? Please share your story.
It's a fairly typical story and has happened thousands of times before. There is a reason that places like localbitcoins are so successful over a long time - because they allow you to see a long trading history of successful transactions. You don't have to rely on somebody who could turn around and scam you, which is easier to do because Bitcoin doesn't leave an easily recoverable amount. Unfortunately KYC is a requirement for most financial institutions who have a professional setup because it is one way to stop scammers and other criminals from operating. It sounds even worse in your friends case, because the money probably came from an innocent third party - so not only did your friend lose his money, but he received money stolen from someone else in return. Maybe next time he should stick with KYC or this will happen again. |
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When I got involved in gambling, I used to have a mentor that was guiding me, on one of those occasions when Luckybit was still in operation I have a balance of about 0.0012 BTC and the withdrawal condition was a minimum of 0.002 BTC so I got stocked in between and I run to my mentor for help and he guided me through the games and I won all till my balance reached 0.0032 BTC and I got greedy and told him I want to continue gambling and not withdraw again, but he made one comment that stick into my brain he said to be careful because gambling can ruin your life.
What is the best gambling advice you ever got from your mentor?
One of the best pieces of advice you'll find when gambling is knowing where you can beat the house (or other players) and knowing where the house will slowly take your money. You can play games of the second type but if you get a big win and you're up, that is probably the best time to leave. The longer you play, the more likely you are to start losing concentration and that is where the mistakes will start to creep in. Depending on whether you are gambling for fun, or trying to play a skill based game like poker - you'll probably want to keep a head clear of drink or drugs. There is a reason that many casinos give away free alcohol and it is because it lowers your decision making skills! |
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There's a couple of interesting white papers to read: https://arqit-res.cloudinary.com/image/upload/v1627024109/Assessment_of_Quantum_Threat_To_Bitcoin_and_Derives_Cyrptocurrencies_nrp6iq.pdfhttps://arqit-res.cloudinary.com/image/upload/v1627369111/Digital_assets_The_security_problem__yya4bn.pdfSo Quantum Computers will be available to buy in the shops in lets say 10 years time from now and 5 years from now the first commercial business grade quantum computers will be available for sale for businesses. Quantum computers can get anyone's private keys in fraction of a second.The few quantum computers in the world today owned by the Big tech giants such as google, Microsoft, even china has one is used to harvest all that data from billions of people to a single point Ai. These quantum computers are massive, require a lot of cooling and are power hungry that require nuclear reactors to run them. But these are the 1st generation quantum computers. Eventually these quantum computers will get smaller, more efficient to run off the electricity in your home and everyone will have quantum computer in their bedrooms when they hit the shelves in shops or on Amazon online in 10 years time but at a crazy price tag so not everyone can afford one in 10 years time but they will get cheaper and become mainstream especially with gamers for obvious reasons. Playing fortnite at crazy 16k resolution at million frames per second. So how can Bitcoin survive in this technological quantum era? The B in Bitcoin stands for Bits. Quantum computing is Qubits meaning it can be a binary 1 or 0 at the same time similarly like a light switch being on or off at the same time that sounds crazy and impossible. Will there be Qitcoin or somewhat? "The public" are most likely to be the last people to ever get hold of this sort of technology. The very richest private investors and institutions, if not governments, are the ones driving this technology to the very edge of it's capabilities right now. Ironically that sort of computing power should be able to create defenses against hackers so unless they somehow get access to a separate control interface then it is unlikely they'll be able to do much nefarious with it either. Eventually computing power will be able to overwhelm the defenses of current technology, but you have to wonder whether Bitcoin or other financial services will be able to adapt to an emerging threat more quickly - if it is even possible to defend against, as 2-factor authentication and limiting access attempts might be required. |
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On one of those things that we all wished happened to us, a 61 year old man that has been playing the same numbers for 20 years finally won the lottery and won 18.41 million dollars, he explains that each time he placed the bet he thought about changing the numbers but he decided against doing so each time, there is no explanation of where the numbers come from but I suppose they must mean something, otherwise it would be difficult to believe he could keep playing the same numbers over and over again. Would you be able to do it? Playing the same numbers over and over again like this? Because I know that I will not have the patience to do this during 20 years. https://www.clickondetroit.com/news/michigan/2021/08/25/michigan-lottery-man-who-played-same-numbers-since-1991-wins-18m-jackpot/While I am very happy for him, it really needs to be put into the context that there will be hundreds of thousands, if not millions of people who do the same thing throughout their life and will never come close to winning the jackpot. You really have just as much chance of winning by picking a random set of numbers each week, because each draw is absolutely independent of every other draw that has taken place. It would be interesting to see how much he would have been sitting on if he decided to invest that small amount consistently over time - obviously nowhere near the jackpot but I've a feeling he would have made tens of thousands of dollars instead. |
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Amid decreasing Foreign Direct Investment (FDI) floes, Pakistan's economy is expected to shrnik further, flowing Afghanistan's current situation.
According to Dawn (Pakistan's official news pepar), the consistent decline in flows into Pakistan in recent years should worry the country's economic managers.
The net flows fell by just under 39% year-on-year in July in continuation of the trend witnessed last fiscal when,
Long-term, non-debt-creating investments plummeted by 29% to 1.85 billion dollars from the previous year, the Dawn reported.
Is this right?
There's such much irony in how Pakistan is governed, they spent so much to support the Taliban insurgency because they hate the thought of American "infidels" controlling a neighbor next to them. However the Americans being there was giving them some strategic support, not to mention all the economic benefits that added up over time (a bribe here, aid packages or a over land logistic shipments). Now that the Agfhan taliban do not have foreigners to go after so easily, they will slowly become more extreme and start to target countries around them that do not live up to a perverse version of ideology. Pakistan will eventually reap what it sowed and falling foreign capital inflows will be the start of it.. They'll probably go begging to China at some point. |
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This is a simple question but it really bothers me,
the question is, if the world's governments collaborate to create a blockchain network that is the same as Bitcoin and functions like Ethereum, then will cryptocurrency can still survive? because currently I hold 0.5 Bitcoin and 5 Ethereum for the long term, therefore I want to know what will happen if my question comes true, although maybe for the near future it will not happen, but we can take the worst case scenario from now.
You need to make your own plan and decision on what the cryptocurrency you hold is worth, nobody else can really make that decision for you - there are simply too many variables to guess where the price will be tomorrow, let alone in 5 years. From the sounds of it you don't need the money, but if I bought in the amount you hold many years ago at dirt cheap prices and they were my main assets in the world, I'd definitely sell a portion and try to diversify a bit. You will not gain all of the upside in future, but if you sold half and those cryptocurrencies lost a lot of value - then you could sleep more easily with your decision. If it were possible to crack into wallets in future (somehow?) then they might become worthless, but your banks security might also be compromised at that level of computing sophistication too. |
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As we know gambling addictions and all kind of addictions went up during the pandemic as people tried to find a way to cope with the stress of being on their homes, however it seems that the return of live sports is causing problems to some gamblers that have been struggling with addiction as a charity organization revealed the event caused a spike of 28% on the helpline calls they received during that time, this is problematic as those that developed the habit during the pandemic were very limited on the number of events they could bet on, but as restrictions are lifted the options increased and they have no way to deal with this. What do you think would be the best option to those that are experimenting these issues right now? Should they stop watching sports forever as this is the trigger that causes them to gamble without control or should another solution be possible? https://news.sky.com/story/euro-2020-tournament-caused-spike-in-gambling-problems-says-charity-which-warns-of-return-of-live-sports-12387574It's not surprising to see lots more people approaching gambling sites if you watch the game - there are quite a few football clubs who have massive sponsorship by online bookmakers and those "adverts" on the shirts creates a very false impression on many people. It is surprising that gambling sites are allowed to advertise so heavily with the biggest clubs in the world and makes it seem as if the idols of many young people are actively endorsing them. Combine that with a lot of spare cash from Covid and many bored people staying/working at home - it's a recipe for big money for all these sites. The real winners are the people who bought shares in these gambling companies at the very beginning of the stock market dip. |
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According to a new report that was published 21% of the gambling venues are located at the poorest areas while only 2% are located on the wealthiest parts of the country, this is being used as evidence the poor are being targeted, but this could just be evidence that it is cheaper to rent at those places and the gambling outlets prefer to go there to save on rent, or that maybe those that are the wealthiest prefer to gamble online instead of taking their time to go to one of those places and as such there is no reason to set up shop on their neighborhood. So what do you think? Are the poor being targeted or there is another explanation for the data we are seeing? https://www.theguardian.com/society/2021/aug/23/uks-most-deprived-areas-have-highest-number-of-gambling-outlets-reportThis seems like an inevitable, if sad, outcome of the society that we live in. Psychologically speaking gambling is a fools game, the only time that rich people will tend to gamble is purely for some light entertainment and the amounts involved will likely be insignificant to their overall wealth. Rich people who have earned money themselves will always have grasp of how hard it is to earn and more importantly, they do not gamble to chase the dream of becoming rich via shortcuts - they're already there. Poor people generally have a lower standard of education and may struggle to comprehend the astronomical odds against them ever making a meaningful return on their bets. The only way to break this cycle is to teach better financial education within schools and generally push back against the most predatory behavior of gambling instiutions. |
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Bitcoin fans develop into a political forceBitcoin's current rally is inseparable from the assists of the giants. On August 23, local time, the US payment giant PayPal announced the launch of a cryptocurrency service in the UK. Starting this week, it will allow UK customers to buy, hold and sell digital currencies. This action marks the first international expansion of PayPal's cryptocurrency service outside the United States, and the company first launched this type of service in the United States in October last year.
In addition to PayPal, last week United Wholesale Mortgage, the second largest mortgage lender in the United States, also announced a plan to accept bitcoin for mortgage payments, setting a precedent in the industry.
Walmart is hiring directors to develop a cryptocurrency strategy. A job advertisement on Wal-Mart’s website in mid-August showed that the company was hiring a senior director at its headquarters in Bentonville, Arkansas, who was responsible for “determining customer needs and converting them into product requirements,” and at the same time determining the relationship with cryptocurrency. Related investments and partnerships.
However, after Bitcoin's strong rebound broke through the $50,000 mark, the biggest risk facing the cryptocurrency market in the future is still regulatory issues. If an organization composed of Bitcoin fans develops into a political force, I think that bringing new vitality and growth space to digital currency is also an important opportunity for the wider application of Bitcoin. I am looking forward to it. I even think this is a historic step. Imagine that if Bitcoin forum members (consensus) can form a community organization, will they be able to run for the president of the United States? If you want to be more exaggerated, a virtual sovereign state appears on the Internet. Just like in online games, you can even find a girlfriend, which feels amazing. So you start off the title of your topic by proclaiming a statement and then end your message by saying that an organization needs to be created. This seems very contradictory and just wishful thinking. It's a rather bizarre concept to think of anyone creating "political force" based solely around a currency. Do you think that Bitcoin is a currency? a commodity? a speculative asset? A political party needs more policies than just a single currency unit can provide, or what you're really after is a lobbying service, which would help prop up an asset that you have probably invested in? A lobbying angle is probably slowly being set up by investment banks and financial institutions who love to have another instrument to sell to clients while earning a fat commission. |
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