Lol. So you think day trading is easy or does not take a lot of your time?

The truth is, with day trading you will either lose your money and your time or you will barely make any profit and lose a lot of time. This rings true for 95% of all day traders. In the long run, it would be smarter to just hodl your Bitcoin and DCA with the income from a job.

Day trading as a sole income source is possible, but it will take so much time that you might as well get a normal job and you would earn more per hour, relatively.

 

So you do not use crypto sites because you think that they will steal your funds easier than traditional casino websites? I do not think that is necessarily true unless you tend to gamble on shady websites that you do not know nor have extensively researched.

As far as arbitrage betting is concerned, I think whether or not its allowed should be written in the Terms Of Service of the casino. If you break the terms, of course your account gets banned, but your funds still get refunded to you when you reach out to customer support. How long and difficult this retrieval process is, depends on the casino. It is easier to simply follow the rules.

I think that Hacksaw is very frustrating because the chances of winning, especially winning big, is much lower than the rest in OP's list of worst slot providers. I don't know the exact numbers or probabilities but it definitely is not just a feeling at this point. Its actually tangible. And looking at all the replies in this topic, most people seem to agree with that assessment. The slot provider should have included more bonuses, I think.

Some people here claim that while winning is rare, when you do win, you win big. I have not had such an experience yet, though.

Push also has low bonuses.

Although I think there are probably worse providers that are not in OP's list.

Welcome to the Bitcointalk forum!

How exactly are bets settled? Is there a centralized center of control? I see that "KEKW" has extremely low liquidity, so my concern is that the platform will not work as intended without the needed liquidity for your native coin, which is basically required? Or is KEKW only needed if you wish to earn the 2% of all wagered bets?

It seems really confusing and there is no documentation which explains how it all works.

So, in a nutshell, I cannot say that this is going to appear as a trustworthy betting platform to people due to the lack of information on how exactly everything works, in the technical sense. Especially when it comes to your native currency, KEKW.

SAVING = INVESTING.

I think that is something that most people do not seem to understand.

If you save fiat dollars in your bank account, you are investing into the dollar. If you are saving euros, you are investing into euros. And so on.

When you think about it like that, you realize that your money is perpetually invested into something. And when it comes to fiat, it will lead to a loss due to inflation in the long term. So obviously "saving", in this case, is not going to help you in your future.

But lets think of it in terms of Bitcoin: Saving Bitcoin is a smart thing because that is just "hodling Bitcoin". And that is exactly what we should all be doing.

That has happened to me, in the past, when I was still a newbie. And to be honest, I think the same mistake could happen again, if I am not careful.

Low volume exchanges should be avoided like the pest. There is absolutely no point in trading on such crypto exchanges. Avoiding them as well as avoiding using market orders is really the only way to not accidentally repeat the same mistake of trading in all your Bitcoin for peanuts, by mistake.

And to be completely honest, there is no point in market orders. All you are doing is paying more on trading fees because you are considered as a "taker" instead of a "maker".

Just out of curiosity, did this Novadax exchange not have a warning message in place that pops up and warns users when they are about to sell for a much too low price? Because that seems standard for most exchanges. In fact, not providing a warning might be against some regulation, I think. In which case he might be able to get his money back. Although that is a big maybe since I am just going on a guess.

Who knows, he may have taken up gambling as a reason to get away from his children because he was so tired of having to take care of them in the first place. And gambling could have given him the perfect opportunity to escape reality and his parental responsibilities.

That man seems like a horrible father. And to be honest, no matter how you cut it, I think that he would have been a bad father with or without his gambling habit. Gambling merely amplified his reasons for being a horrible parent. But those reasons probably were already there in the first place. Even if instead of gambling he began a drinking or a drug habit, things would have ended up the same way. So I doubt gambling should be considered as the cause for his bad behavior.

I think the very point of religion is to steer you towards the "right path" and therefore make your life a happier, easier and more moral one.

A gambling problem/addiction is not going to be considered as a good thing to have, because we all know about the kind of problems that gambling can bring. And those problems can rarely ever is considered "good" or "honorable" in any sense of the word. Just like alcohol can lead to a physical, as well as mental health disaster by addiction, so can gambling be considered to lead to the same outcome. That outcome being an unhappy life for you and/or people around you.

The first, and worst thing that people would connect gambling with, is loss of money. Ironically, it makes you lose the "root of all evil" (money) but that is still considered a bad thing.   Weird huh?

Asking how much Bitcoin someone has is just as rude as asking how much fiat they have in the bank. Or how much money they earn from their job. It is really rude. Furthermore it is very risky to actually tell someone the amount of money you have. What if they are asking because they want to know if its worth robbing you by force. 'Oh you got xxx amount of Bitcoin? Hand it over. Life or xxx amount of Bitcoin. So giving the answer is really dumb. Especially if you have a large amount of Bitcoin ( relative to whatever it is that is considered large where you live)

I think more women in Bitcoin is exactly what we need. Unfortunately, it seems that Bitcoin is not as attractive to women as much as it is to men, for some unknown reason. Maybe it is because there is no glamour in buying/holding/transacting Bitcoin? Nothing to take a selfie with?

What we need to do is to rethink the image of Bitcoin and advertise it as social status supplement for women. Good marketing is the answer, I think. Men are logical beings, which is why they find Bitcoin so attractive. They understand the logic behind it.

Women on the other hand, are emotional beings. So how do we add emotion?

The world has already become tired of the US dollar.

It is a tool that the US uses to siphon money from other countries economies. And that is really one of the only things keeping the US afloat. They produce nothing, export nothing and use military might to enforce, unjustly, the hegemony they have over the worlds economy. Remember what happens when some country tries to break free of the dollar and replace it with a gold-back currency? The US military invades and makes sure that that does not happen.

The answer is not a BRICs currency nor cryptocurrencies (as in altcoins) but rather Bitcoin itself is the only thing that can save the world.

Bitcoin needs to be the only world currency. No one country can have control over or abuse it.

No, not unless he had a good and convincing reason to ask me to quit gambling.

Just because he is my friend does not make his reasoning correct. And he would have to convince me of that reasoning in the first place, so I would consider it at all. Because I do not enjoy being told what to do unless it has good reason. A lot of people exist in the world and each has his own morals and ways of living. Some people in this world want to be able to tell anyone what to do. But that is not right. Everyone has to be able to make their own, informed choices. They can try to talk to them and get them to see their side, but that is it.

Exactly this^

Why would anyone put money on a illegitimate platform which they themselves recognize as a scam? Do they think that if something happens and their money gets stolen that they will somehow be able to get it back through official channels? There are no regulators or government behind this. Nobody will help.

Investing and gambling are two completely different things and that should always be kept in the back of peoples minds. And scams are scams and have nothing to do with either other than to pose themselves to look like something legitimate.

Furthermore gambling has winning/losing probabilities, which are known. Obviously the probability of winning is always lower than losing.

If I were to win $2 million dollars then I would probably move to a poorer country where that $2 million USD would last me a very very long time. Perhaps even my entire life. Because in my current country, the 2 mill will not last very long. And if I were to live in a very expensive country, like Switzerland for example, then that 2 million would last me maybe a few decades. Maybe not even that long, since a house alone would cost about that much. In a different, poorer country, it would be put to better use. And I could even help further develop the poorer country due to the cash inflow and I would probably have more than enough left over to give to my children.

Its a temporary band-aid on the festering wound of a broken money system and serves no tangible purpose.

Of course it is not a good solution, because you would have to keep doing the same increase in minimum wage again and again and again in perpetuity. Who is going to keep track of what the number for the minimum wage is now? Do we just increase once a year and every business has to keep up and update their employees salaries every time? Also, the very point of inflation is that money becomes worth less because of some triggering economic factor. And how are you going to stop the businesses from raising their prices every time they have to raise their employee wages? We live in a free market, after all...

I agree, somewhat.

Although I would not go as far as to trust any company no matter how legitimate it may seem. The very essence of the spirit of cryptocurrency, especially Bitcoin, is to not have to trust any third party.

Lets look at a wallet like Trustwallet. Closed source but very trusted. Who says they are not collecting private keys of wallets? Just because they are trusted does not make them infallible.

Best to avoid any closed source wallets, whether hardware wallet or not. I would only trust a open source wallet that has been around for a long time. I trust the developer community to do a decent security audit over a couple of hired experts from some third party company.

I think that scheduling regular breaks from gambling is of utmost importance for your physical and mental health. Otherwise you get overwhelmed over time because your brains neuro-chemical get completely out of whack. This is true for anyone engaging in any addictive behavior or even addictive substance (drugs). But that is simply human nature and biology, no way around it. And there is no point in shaming people who have become sick because of this.

The only thing that can help is either completely going cold turkey (if you notice that you cannot get a grip over the building addiction) or by simply taking breaks and allowing the brain to "reset" itself.

I would not go as far as to say that women will make better gamblers than men because women are by far more emotional, impulsive and less rational than men. However, they are also less of risk-takers, so I doubt most women will even develop an interest in gambling in the first place, anyway. But that is all speculation. Perhaps there are scientific studies that can shed some light on the real answer to this question. We are all human, so its obvious we will make big mistakes and dumb mistakes. Same goes for men as well as women, so there is nothing we can do about that. Whether there is a point in arguing whose moral scales are slightly more off-balance is really not all that necessary, I think. It might all be a matter of relative perspective.

I am a bit of a pessimist so I would have to say that that sounds like a fib without any evidence. Although it may very well be true.  Lucky for us, there is a simple way to know. You can tell us exactly how you did it. If the exploit no longer works, then there is no disadvantage of making it public, right? And since you already have your money, you don't need to worry about your funds and/or casino account being frozen.

I personally would love to know more about early casino exploits and how casinos have changed over time. I assume that you targeted brand new casinos that were just starting out in an experimental fashion.

No it will not. If we do not have electricity anymore, we simply cannot transact or mine Bitcoin until we have our electricity back. Unless we never have electricity again, then that is a different matter. But lets be realistic, that is not going to happen.

Bitcoin cannot become extinct unless everyone in the world suddenly decides to drop Bitcoin. And even then I am sure there will be a few dedicated people still keeping things going.

The most realistic scenario is that an alien race visits us and gives us technology that makes money completely redundant. In that case, sure. Maybe.