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341  Economy / Gambling discussion / Re: Do the juice Worth the squeeze? on: April 09, 2024, 04:20:43 PM
And for anyone who is treating gambling as his major source of income will always be lacking behind because gambling takes money away from a gambler than it gives in money to the gamblers pocket, since we all understand that this is only means of having fun and being entertained, there have been so many who have wrongly interpreted what this gambling form of entertainment serves, instead they are taking it for something else.
Most people go to casinos to make money. It can in the form of "trying it out for the first time" to "winning back yesterdays loss" and thus the vicious cycle continues from newbie gamblers to addicted veteran gamblers. The reason why people dont want to earn money is that the rest of the methods are energy consuming and need physical or mental work, which they are not willing to use, only to learn their folly in the long run.

So dont treat gambling as an income, you will lose and you will win, only to lose that money too. Grin
342  Economy / Gambling discussion / Re: The shocking rate of women interested in gambling. on: April 09, 2024, 04:15:58 PM
I don't intend to discriminate but from many angles, women probably let their emotions run wild more easily than men, it feels like their instinct is to be sensitive and emotionally vulnerable. In addition, in many countries that often prioritize women, many women have a good husband as well as very good family conditions, and they tend to focus on family and housework, spending time on beauty and other topics, in which gambling is also an ideology, it is not surprising that many women spend a huge amount of money on this activity.
It is true from many angles and many women have the habit of spending that is likened to the same dopamine surge that gambling and drugs give as shopping does. Hence these people are more likely to gamble and get addicted after a few days of playing. This is detrimental to the person and their family if they have any, because women carry an immense role in the upbringing of their children.

I am sure the ones who are playing may be responsible about their money but problems do arise and thus the self-moderation should be strict.
343  Economy / Games and rounds / Re: 🚩 Blackjack.Fun [Halving Party] BTC Price Prediction | Prize 💲150 in Bitcoin! on: April 08, 2024, 01:33:47 PM
First prediction - $90,000  Grin
344  Economy / Games and rounds / Re: 🔥 BC.Game - Bitcoin Price Prediction #1 | WIN $50! on: April 08, 2024, 01:30:53 PM
1st prediction - $87,540
345  Bitcoin / Bitcoin Discussion / Re: Bitcoin the HERO we never knew we needed on: April 08, 2024, 01:23:34 PM
My question to us right now do you think Bitcoin will eventually erase the commercial banking sector???
No and the answer is no always.

The same question has been asked many times in this forum. Banking system and bitcoin might seem to be opposite of one another but we cannot survive without the banks because the economy is intimately connected to it and remote from bitcoin. Unless something huge happens bitcoin is not going to become the "cash" of the economy but fiat will.

Maybe in the next 100years, drastic shift will happen, but we can only speculate on that.

The more likely scenario is that bitcoin and banks working hand in hand to maintain a much evolved economy.
346  Economy / Economics / Re: INFLATION, A MOTIVATION TO INVEST IN CRYPTOFASHIONS on: April 08, 2024, 01:20:38 PM
Inflation exists and fiat will gradually get devalued with time making our savings less valued from what they are today. But that does not necessarily mean that inflation is always bad. On the other hand deflation has its pros and cons too, you can buy bitcoin today but how can you sell it to buy what you need if you are only looking to increase its price (through deflation) in the long run?

These things need to be balanced to be maintain the economy. From our perspective, keep collecting bitcoin and saving fiat, we dont know what the future holds for anybody.
347  Economy / Gambling discussion / Re: Have you ever introduced an elder gambler to online betting? on: April 08, 2024, 01:14:47 PM
Don't fall for lesser sector because gambling generates huge profits. Elderly people have very few knowledge in the system, don't jeopardize their golden opportunities of winning due to the heavy presence of beginner's luck.
Beginners luck is not heavy, but chance of getting addicted in large. Indeed with elderly people having increased free time after retirement, eventually may fall prey of the addictive casino games. Of course they might be knowledgeable but lack of control would mean easily getting addicted or getting scammed by someone on such sites because casino chat boxes are full of scammers as well.

The best way to prevent such loss of money is to observe their online habits and keep them active offline.
348  Economy / Gambling discussion / Re: Online Gambling : Next Generation Challenges on: April 08, 2024, 12:55:56 PM
They seem to be bringing the multiplayer aspect of gaming to gambling. While there is no issue to this till you introduce the monetary aspect of it, more awareness needs to spread about how gambling is an addiction and a pathological one which is difficult to cure once it sets in. Bring in competition in the game and anyone will get addicted to it because it is human nature to show their own power in front of others. Casinos have been trying to glorify the top players on their leaderboards like this in last decade.

It all comes down to self-control and discipline. For those who are having good control over their urges will always survive over the rest.
349  Economy / Games and rounds / Re: 🃏JacksClub: ROUND 17 - BTC PRICE PREDICTION CONTEST $150 in BTC 🚀 on: April 07, 2024, 10:38:06 AM
    Jacks Club Username: TheUltraElite
    Prediction: $ 69,010

  • The top 6 closest predictions will be determined based on the BTC price on Coinmarketcap as of 3rd April 2024, at 10:00 UTC.
Nobody noticed the mistake in the OP there? Cheesy
350  Local / India / Re: [February 2024 Update] Indian Board activity on Bitcointalk on: April 07, 2024, 10:17:51 AM
I will not be active anymore on the local board as I feel this board is now being controlled by non Indians.
Sorry to hear that, I hope you are doing well after having suffered a ban from the community. I have been banned on other sites and I know how it feels coming back to the site after that.

Reminds me of the movie "The Shawshank Redemption" - a classic movie indeed.

But I hope you change your mind and come back to the section soon, your efforts never go in vain if you are consistent and determined in what you do.
351  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin Still Dead? on: April 07, 2024, 10:14:54 AM
Some people around me still call Bitcoin a scam. Lol, I don't want to spend time explaining it to them anymore. Let them live with their opinion like that when the world is changing. I don't see anything called a scam lasting for many more years like that.
Let people say what they want because they have a mouth and a keyboard and speech is never going to be taxed. Grin

We are one men armies here, trying to make some money in between our daily lives and if bitcoin is helping us let us make the most of it rather than listening to naysayers, be responsible when you invest and dont invest more than you can lose and you should be fine.

Let bitcoin be dead to them because we will dump on their heads when the price increases and they want to buy bitcoin.
352  Economy / Trading Discussion / Re: Pump Bitcoin over $70,000! on: April 07, 2024, 10:13:06 AM
Those who invested some amount in Bitcoin during the year of 2023 will be in more profit because that time the price was very lower and now once again it touched 69k$ and go ahead of it to touch 73k$ but currently it is 64k$ which is not a suitable price for selling but buying will bring more profit if someone made at 64k$.
70k might hit again but I am not betting on that, I will wait till bitcoin drops below 60k to buy again. Sometimes just waiting out helps better opportunities to present themselves in the market. It is a game of patience here and not regular trading.

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Altcoins investment is also good option and the risk can be overcome if Ethereum, BNB, Solana and some top coins become our preference. Taking risk in case of altcoin is necessary because if we avoid top coins then we cannot get  profit by choosing low value coin that disappear after one dump.
I would not venture beyond the top five coins, anything beyond that tend to go down after a while and dont manage to come back up at all. While there are coins that might and would shine in future, most of the coins are doing down in dumps for years. Bitcoin is way more safe, this is understood from the charts itself.
353  Economy / Gambling discussion / Re: stop the unnecessary blame on gambling whenever you get unlucky on: April 07, 2024, 10:06:51 AM
The choice to gamble is of the gambler itself. So anybody to blame in themselves. Now it is a common human defense mechanism to shift the blame on another person or object or concept. The moment a gambler realizes this, they will understand their mistake and stop gambling, which does not happen and they continue blaming others.

It is a vicious cycle and but it can be controlled right at the early stage with professional help. Luck does not come with superstition, it comes on its own and in gambling luck will only favor the casino and not the player.
354  Economy / Gambling / Re: House Edge on: April 07, 2024, 10:01:31 AM
Given that both platforms games are provably fair, I'm curious about the source of the discrepancy in house edge rates. Specifically, does the increased house edge at BCH.games stem solely from the monetary requirements to win (e.g., needing to roll above a 50.99 on BCH.games for a 2x win in Target)?
Provably fair and House Edge are not the same thing. Provably fair means that they site is not rigging the rolls and you can verify the games to be fair on your own. House edge is the casino's odds advantage over the players' odds.

A site which is provably fair does not necessarily need to be a low edge game. These are two different things.


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How does this variation in house edge impact other games like Mines, Tower, and Crash? Are the dynamics similar, or is there another mechanism at play influencing the difference in house edge between the two platforms?
Every game has a different house edge. Calculate that before you start playing, that should remove your confusion here.
355  Economy / Gambling / Re: Why not create a Gambling platform on Market narrative? on: April 07, 2024, 09:54:02 AM
There is a website called BetMoose and it is based on such topics like presidential election result, Oscar results, who will win some war (God Forbid). It is filled with Canadian locals from what I have understood and is not much famous in this forum.

However they have a ANN thread here - https://bitcointalk.org/index.php?topic=645747

Check them out - https://www.betmoose.com/

I guess they never got into promotional campaigns ever on this forum and hence they are not that popular. You never know they can start talking about Narratives there too.
356  Economy / Gambling / Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest on: April 07, 2024, 09:48:24 AM
- A few months ago, it was said around here that changing Freebitco's database would be too expensive.
It might be the case but the developers should look into this again. Segwit has been here for sometime and fees suddenly cranking up like a wave is nothing new, so this might help as a method to cut down fees during such times. However I cant speak for them for what the owners have in mind.

Since most of us have switched to SegWit wallets and the legacy wallets are lying there collecting dust, having to withdraw back to the legacy wallet and then send to the SegWit wallet is a two step process which can essentially be reduced to one.
357  Bitcoin / Bitcoin Discussion / Re: Would you advise a friend in the same way? on: April 06, 2024, 11:10:11 AM
You need to stop giving advice to other people be it friends of family. You are doing it out of your goodwill but people will take your for granted and pin their losses on your head.

I would only advice my close friends about what bitcoin is, how it works and how one can make money from it and keep themselves from the scams surrounding bitcoin. I would not ask them to invest their paternal company balance into bitcoin, that is suicide for many.

Always maintain a neutral stance when discussing financial concepts.
358  Economy / Gambling discussion / Re: Land Based Casinos in the Digital Age on: April 06, 2024, 11:06:57 AM
In our country some land based casinos exist in one specific state and for that it has become a tourist attraction. People go there once a year to have fun and that I believe is acceptable. Not being an addict helps, you have fun and enjoy your time with friends and some good food and drinks and gamble at the same time. They have events happening everyday and hence it is an all gala evening.

That is the beauty of the land based casinos over the digital ones. The physical feel is there and the vibes are present. They will have a niche followership and continue to grow.
359  Economy / Scam Accusations / Re: Crypto scam on: April 05, 2024, 03:23:33 PM
Thanks all. I wanted to give crypto a try and I got scammed. No never again.
Sorry but you took the wrong method of trying out crypto. You were looking for quick gains and when your greed got over your head, you started making the logically wrong steps of depositing on a scam site and falling for the old "deposit to withdraw" trick.

The members of this forum are very active in speaking out against such scam and if you would have made a thread here about information regarding this site, I am sure many would have chimed in with their comments and your money would have been saved.

If you quit now, you are going to leaving out on this upcoming and developing financial sector, but ultimately it is your choice and decision to make. It is just that I feel bad seeing someone get left out form crypto just because of their own mistake.
360  Economy / Gambling discussion / Re: What is your worst nightmare in a casino? on: April 05, 2024, 03:19:10 PM
I remember the first time I submitted my passport as one of the KYC documents, I was really concerned but then, it meant that I either submitted it or let go of the amount I won from the slot game.
Inherent risk of having our money held at ransom at the cost of our personal documents. Indeed such things are bad things about online casinos and I dont see any good way out from this situation. The worse thing is that it can happen with anybody, but law abiding citizens are usually not getting into trouble, but you never know.

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Do you think a way to reduce the probability of this risk is to stick to only 2 or max 3 crypto gambling websites since using more than of these websites means that you are exposed to more risk of your data being leaked?
It does not make any difference in my opinion. One site getting leaked is enough to get your info on the dark net and to those who need it for unscrupulous needs.

Best thing would be to avoid gambling, which is possible but difficult for the members of this forum. Cheesy
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