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3501  Bitcoin / Bitcoin Discussion / Re: China might really be out of Bitcoin and the cryptospace on: June 27, 2021, 08:44:04 AM
Not surprising. It is China being China, I highly doubt that even if it could improve their lifestyles by a ton, they still wouldn't allow it if the cost was allowing their citizens to access freedom. Not to mention that they'd even probably try to implement said improvement to their system in a way that it would be allowed, still allowing them to retain control, just like with their venture towards creating their own cryptocurrency. Well, they are still pro on developing blockchain, just that they have averse hate towards Bitcoin which symbolizes freedom across borders.
3502  Economy / Gambling discussion / Re: Recognizing Gambling Disorders, Symptoms of Severe Gambling Addiction on: June 27, 2021, 07:27:25 AM
Risking it though seems like martyrdom in my opinion because you don't really have any bonds with them besides being a friend, I agree that you should risk it but there will come a time that you should set a boundary that you won't be doing this thing. Also the symptoms that you should worry about when someone is addicted is when they are harming others or themselves.
A lot better than a friend asking for money from you and when you don't, argues that you aren't a true friend and some random bs. Also, a boundary that you wouldn't risk it? What? isn't that just an empty relationship? Might as well just break it off if I do say so for myself. It's pretty stupid to let a friendship remain if it was just taken into face value. And man, you would wait for people to hurt themselves and others before trying to fix a desperate gambler? Now that's just wrong ngl.

Still, the end of the day it depends on the capabilities of the player or the gambler because in some instance some gambler knows the risk management they are dealing with the game they set a limitation if they think they already enough with the designated amount of profit or losses they have. Some player still continuously playing because they want to pay back their losses or even meet their quota and still losing the game this is a common mistake of them the reason why they always get more losses.
The former is simply a player, the latter is a gambler. Players aren't a problem, gamblers are.
3503  Economy / Gambling discussion / Re: A word of warning before playing on BitStarz casino on: June 27, 2021, 05:18:20 AM
Rather odd how the methods they asked for your KYC didn't send red signals already. I mean, an ID is already more than enough, and really, unless it's faked, they wouldn't ask for another method to prove your identity. Not to mention that even if it was faked, they'd just use the same method, but ask for a different ID to prove. I must say, you gave out way too much info than you're supposed to tbh. Well seemed like it was a rather old scam site, so hope OP actually looks for info about the sites you're playing at beforehand.

4. Was asked to walk to a street sign and take a photo of me next to it.

 Shocked Shocked

What if these scammers come to your house and commit barbaric crimes against you and your relatives? What if they sell your address to criminals?

I confess that I had never seen this requirement to do KYC
This tbh. An obvious red flag. Yes, your ID contains your address, but seeing irl proof makes it a LOT easier tbh.
3504  Economy / Gambling discussion / Re: Crypto Gambling Licenses - What they actually mean on: June 27, 2021, 04:37:40 AM
Do you think someone needs to offer a legit crypto gambling license to give consumers more protection? Or are we ok where we are know?
Well it definitely says something about how they want to start up the business. Even if licenses are actually just complete bs, the act of spending for it vs the act of not spending for it gives volumes on whether a casino actually wants to run properly or not, though in the end, that's just one step. It takes time really, for casinos to actually build up a reputation and for users to actually trust it. Licenses are in the end, just a method for casinos to show their sincerity maybe? And to avoid all the bothersome rules that countries have set up, basically following a framework (which is most probably imaginative) to have some sort of foundation with their reputation.

3505  Economy / Gambling discussion / Re: It takes years to build a reputation and seconds to break it on: June 25, 2021, 02:02:37 PM
Cause quick profit is an easy temptation, plus, if they never really planned to actually run it properly, why would they not break it? As for casinos protecting themselves, it's rather easy tbh. Explain everything that happened. The forum isn't full of idiots, they would analyze and see who was really at fault and whether the one at fault was willing to admit it and to change. There are already various examples here tbh, one being a case where the user used an exploit to win money and used that money to win a big amount. The former was an exploit, while the latter was due to luck. There was an entire thread explaining a bunch of stuff and reasoning for that one (can't really remember the casino involved), but it was rather easy to see how reputable casinos actually take the time to explain stuff.
3506  Economy / Trading Discussion / Re: Daytrading vs Holding on: June 24, 2021, 12:34:06 PM
Ok so if were going to talk about obtaining the maximum amount of profit one could get in the shortest amount of time (even in a long time tbh), it's a no-brainer that day trading is the answer. But, as mk4 said, it's a matter of whether you even can or not. It's close to impossible to get the maximum amount of profit, and heck even 50% of the max amount of profit is close to a dream. It's just that hard to day trade. So the next option you'd actually consider is how much time you're going to spend on it, and if profit isn't a question, then it's holding. With holding, you don't peek at the charts 24/7, you just cash out after a few years when you think you've made profit.
3507  Economy / Gambling discussion / Re: Big companies finally had enough of the excessive tax on: June 24, 2021, 11:14:04 AM
It is somewhat pointless if they would be keeping on making out warnings but at least they are really showing off some concern but actually they dont really care at all.Those were just complimentary or some form of formality just to make themselves that they do really care but actually theyre not.

If government is really been that in concern into their citizens health then they wont really be allowing thing in the first place.

This just really proves out that tax and income would really be their main priority rather than into other health problems or concerns.
Concern? It's pretty empty then imo. It's like they put those warnings in cigarette packs and make boring ads and whatnot about negative effects of whatever(cigs, drugs, gambling, etc.) just for the sake of it. Let's be real, even they themselves know that what they are doing is a fruitless endeavor. They only do it just to keep up the appearance that they actually care. If they really did, honestly? They would've done a loot more stuff that could help when they remove said negative stuff. (except for gambling, like fr, that's just your own decision-making and not really negative, unlike cigs).
3508  Economy / Gambling discussion / Re: An alternative to Poker on: June 24, 2021, 06:51:24 AM
In the case of a PVP game where both luck and skill are involved, then wouldn't the majority of the card games be included in it? I'm not talking about the deck of cards that we usee in poker, but rather the different types of card games that are out there such as hearthstone, shadowverse, etc. They aren't really aligned with Gambling yes, but that's because the games themselves are composed of a wide variety of cards that all players wouldn't necessarily be able to use. Not to mention that the factor of luck involved is based on 2 players only, compared to poker that has multiple playeres PLUS the cards that the dealer will set.
3509  Economy / Gambling discussion / Re: Recognizing Gambling Disorders, Symptoms of Severe Gambling Addiction on: June 24, 2021, 05:24:42 AM
Risk it. I mean, it isn't that hard of a decision to make if you truly are a friend, decisions about friends were never something that you actually wanted to benefit you, but rather benefit others instead. To hell with relationships, if that means the man you want to help (or woman) can get well or be healthy, you could stand to be the villain of their lives for eternity. That's what friends truly are. Now you would only truly do 1 if your friend was an ass, and you don't really consider him as one even.

if he breaks the friendship due to that, then there's nothing you can do anymore tbh. That's just how it goes. Whether they listen or not isn't your fault anymore, it's their own so don't try to wallow into pity due to that.
3510  Bitcoin / Bitcoin Discussion / Re: TWO months HALF time; BTC went from 53K to 26K (euro) on: June 23, 2021, 04:11:23 PM
Ok first, I have no idea why Bitcoin was even included since the main topic you're pretty much asking is why China is, well being China. And afaik the most related news of China with crypto was about them banning crypto mining again for the nth time. Ngl, let China be China, and we'll let the crypto be crypto. It's not like crypto is dependent on China, and vice versa.

As for the price, look at the longer-range man, not on whenever you want. That's a biased judgement on the development of Bitcoin. At least make it a yearly comparison instead of the peak vs the current. It's called a peak for a reason you know?
3511  Economy / Economics / Re: FBI aims to keep valuables, $86M cash confiscated in safe deposit store raid on: June 23, 2021, 10:28:43 AM
Well, that was a pretty stupid move. At least show the said "basis" that you guys are relying on to say that the said items are actually related to criminal activity, otherwise, it's just you guys pushing an argument backed by nothing by your words, which is probably the worst argument one could ever make, especially in a case like this. Sure, I understand that what they are saying "could" be true, but as LoyceV has said, "innocent until proven guilty" is the basics of the basic.
3512  Economy / Speculation / Re: how many more times should you fall for the same FUD before you learn? on: June 23, 2021, 07:42:26 AM
FUD makes newbie investors move, traders who know how to take advantage of it also move, which is probably what really happened. That, or what you said honestly. I'd rather believe the former since I still believe humanity still holds that bit of intelligence.
We might stop calling it fud because large miners are really being pushed out of China. There are evidences that they are moving to Kazahkstan, America and other places.
I mean, the FUD here is that miners leaving China should affect Bitcoin when in fact, miners would just migrate to other countries and the process would still be fine and all. It shouldn't affect Bitcoin at all, nor should investors and traders be afraid that China banning crypto mining negatively affects Bitcoin.
3513  Economy / Speculation / Re: What's up with the recent decline? on: June 23, 2021, 05:56:34 AM
The recent decline cause was China banning or shutting down mining facilities in their country. This should only affect the market in the short term while miners are looking to move towards other countries more welcoming of crypto and mining, and shouldn't affect the market in the long run. The Doge meme died already afaik, there wasn't much news about it so I guess that's what happened. This is actually an opportune moment to buy and hodl for a short term gain since the market would naturally bounce up after a few weeks after the China fud dies down.
3514  Economy / Gambling discussion / Re: Big companies finally had enough of the excessive tax on: June 23, 2021, 04:22:59 AM
^ It is possible, but my question is if there is an illegal gambling casino which is you think they are much better than the regulated one, will you still gamble it there? For me, I don't, because most the illegal gambling casino has shady activity, not unless, the government will hunt them and force to stop operation which is very risky if you have a fund on that casino. That is why even how taxes will apply to the casino, they are still preferred this since they are running a business, besides, generating tax must have a calculation per annum and I don't think there is a casino that give more than 80% to the government, usually from 10% to 50% probably.
I don't think people would choose to go for illegal ones even with high taxes on the legal ones simply because being caught means losing EVERYTHING. You already lost money on the casino, but there's another risk of losing everything other than money after all. Not to mention that casinos wouldn't necessarily protect you if they were caught. And really, there's no sense if the difference isn't that much, I don't think that bit amount of money is enough for you to throw away the guarantee that you are playing in a safe environment.
3515  Economy / Trading Discussion / Re: Stop losses on: June 22, 2021, 11:18:31 AM
I just HODl so I don't really set up stop loss. I used to way back when I was trying out trading, and I really think should be done. Hodling is another matter since it doesn't really matter much if the market crashes 10, 20 or more since you're HODLing. It's not a matter of price but time in that case imo.
3516  Economy / Trading Discussion / Re: what is point of Tehnical analysis? on: June 22, 2021, 08:14:05 AM
No one really ever pointed out that TA is always correct though. Granted I don't do it, but I'm pretty sure the study behind what TA does is far from being useless. It's just that, it isn't a guaranteed solution to identifying how the market would actually move, cause if it was? Then everyone would be Technical analysts. I mean I'm pretty sure you were the only one who assumed that TA's were always right with how you actually phrased your sentence.

TA is an instrument of sorts, but it never gives an answer that would 100% be true. That'd be closer to foretelling the future than TA ngl.
3517  Bitcoin / Bitcoin Discussion / Re: China’s Bitcoin ban is short-term negative, long-term positive on: June 22, 2021, 05:16:01 AM
Well, it's just China trying to impose themselves as a country where they are in control of almost everything, and Bitcoin runs contrary to that. I'd honestly say it's wrong, but with how their mindset of how they should run their country works, it wasn't really an odd thing to happen. It isn't even the hashrate that they're going to regret, it's the fact that they let go of Bitcoin, something that the world would slowly transition, if not already transitioning into right now.
3518  Economy / Gambling discussion / Re: BTC crash game wanted on: June 22, 2021, 04:10:12 AM
Quick lookup led me to this https://github.com/StormKip/TRXED_CrashGame. Not guaranteeing it's legit though. You can probably study up the code itself first before actually trying it out, and I'm assuming you do know some degree of knowledge about coding since you ARE looking for a free source code of the game itself. If this doesn't suit you, keep looking in github, your efforts should show a hit sooner or later. Wouldn't really recommend other sites to scrounge for source codes though.
3519  Economy / Trading Discussion / Re: Fear : The Debacle of a Trader on: June 21, 2021, 01:13:26 PM
Well honestly if you can't be assed to actually manage your fear, you might as well stop trading. Or, your filthy rich, hence why you don't really need to manage it at all since you can afford your losses. Though tbh, fear of losing money shouldn't be a fear at all. In the market, it's a fact at this point. Never expect to NOT lose money when trading. You'd always lose some. The goal of trading isn't to profit 100%, it's to have a higher ratio of profits compared to your losses imo.
3520  Economy / Gambling discussion / Re: Crypto gambling is the worst piece of shit you can imagine on: June 21, 2021, 06:28:55 AM
This man was asking for loans and now he's gambling, great life making decisions right there heh. On the topic of fees though, it's been widely known how insane the fees of BTH are, especially if you were going to only transact a small amount. I'm pretty sure it's close to common sense to anyone that gambles in crypto casinos that BTC is NOT the coin to use. There are many other casinos out there that accept other coins such as XRP, TRON, etc., that have lighter fees compared to Bitcoin.

And didn't you see the transaction fee before they confirmed the transaction? Why'd you go and proceed if you knew the fee was that high?
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