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361  Other / Off-topic / Re: How can we help beginners not to get addicted on: April 18, 2024, 08:32:54 AM
~snip~
I agree that if someone approach gambling to make money they have higher probability of getting addicted than someone who approaches it for fun
it's not given, because there's a lot of variability from human to human
but probably.

One interesting thing to think about is how casinos could make their games and engines less addicting though it goes completely against their interests.

Yeah, but the main attractiveness of casinos is the idea that you can earn money from the games.

The games themselves are not really that entertaining, because they don't have to be.

They just need to be random in a way that makes the casino earn more than they pay to the gambler, and that's it.

There would be very few people playing if there was no real money involved.
362  Economy / Gambling discussion / Re: Which one is fun, watching with bet or without a bet? on: April 18, 2024, 08:30:29 AM
~snip~
Yeah, but for those who bet on a single bet, it will be better to watch the match so we can see what happens on the field before deciding whether to bet again or not.
Actually, this also applies to anyone who only bet on parlays, when you see one of the match will be lose - you have a chance to turn things around by placing a single bet on that match, because you watch the game and might able to predict the outcome.

Yeah, but the odds change in real time with the match.

Let's say a team scores two goals in the first half, then you check the odds and they will be paying way less than in the start of the match.

Otherwise it would make no sense for the casino to keep that bet up.
363  Economy / Gambling discussion / Re: Which one is fun, watching with bet or without a bet? on: April 17, 2024, 02:26:40 PM
Personally, as a bettor, I find it very stressful when watching the game you are betting especially if it will end up a losing bet.
I personally don’t like watching games i bet on and just like you i also find it very stressful, i don’t have the courage to watch them or even follow them up on livescore app until the end of the game to check how the match ended up. I find  very disturbing for me, at some point i prefer to place multiple bets and not bother about how the matches are going and only come to check them out after the end of the game.

Quote
If we have the same experience, how do you cope up with that problem, after all, gambling should be fun but why we have this kind of feeling that we feel disappointed when our bet loses?
Well it depends on wether at that time i gamble for fun or probably for funds. Most times i gamble for fun but it doesn’t matter for me because even while gambling for fun i find it difficult to watch any game i gamble on.

Yeah, I guess it depends on how you see the outcome of the games...

If you only care about the outcomes, then probably it is not a great idea to bet on these..

Instead, it could be a good idea to bet in something else and just enjoy your free time.
364  Economy / Gambling discussion / Re: Rich or poor gambler, who should risk more? on: April 17, 2024, 02:25:03 PM
~snip~
that's correct
people with more money can afford to take more risks
but the greater too if they end up losing it all or something like that

it's important to be alert and avoid taking decisions out of emotions... going slow is good

Maybe, at least in this country, if you go to a cheaper country then the minimum bet is very small....

People can end up taking more risk with lesser amounts of money..

That can happen and they might end up losing the same amount of money, but they are under the control of it at least, hopefully...
365  Economy / Gambling discussion / Re: The madness of gambling addicts. on: April 17, 2024, 02:22:59 PM
~snip~
On the time that you do make yourself getting addicted then this is the moment you would really be having that kind of tough challenge on making yourself that getting out of addiction.
If it was easy in the first place then this is something that anyone could easily do it and gambling business could be not profitable in compared on what are we are seeing now which is really that entirely different. Gambling is really just that for fun, it is really just that there are people who are really that delusional or someone who do really wishing up on something we know that it cant really be that possible because gambling is all matter with luck and not something that you could really be able to make yourself that getting rich because it would really just that matter on how lucky you are
on a particular condition or moment.

It is definitely not an easy thing to do, it actually can be quite a difficult thing to do...

If you manage to get out of an addiction, it makes sense if you have a strong sense to keep that out of your area, so that you don't continue with your normal day to day stuff...
366  Bitcoin / Bitcoin Discussion / Re: Original "Buy Bitcoin" sign for sale at an auction in a couple of days on: April 17, 2024, 02:18:32 PM
Wow. I actually remember the day that this happened. And if I recall correctly, if you followed his advice and bought bitcoin on that day, I think it was the last time bitcoin was at that price.

He became an icon after this event. He might of lost his position because of this stunt, according to a few press interviews he did shortly after. I find it crazy that he held on to that piece of paper for so long. I assumed it would of faded in color by now. Those types of notebooks dont hold up very well for long periods of time .

But I agree with the above poster, it was in the notebook and then he tore it out, and now its in the notebook again? Doesn't make sense.

Yeah, it's a weird feeling in my mind.

On one hand it is the amazing dude that showed the sign and is now selling it, fair enough....

But...

It doesn't look right if he also posted a photo with the sign and an address talking about it...

I don't know, maybe you can make the paper nicer and "forget" the marks you can see before... sure.. but if he actually shows the sign outside of the board it would actually make me think better of it...
367  Bitcoin / Bitcoin Discussion / Re: Original "Buy Bitcoin" sign for sale at an auction in a couple of days on: April 16, 2024, 10:14:45 PM
I think signs like this are best places at museums. I tried to google crypto museums and Bitcoin museums and couldn't unfortunately find any that are offline, so maybe it's something for the future. But there are museums of money, and it's about time for them to have something Bitcoin-related because Bitcoin is a part of the history of money.
The sign doesn't have bids yet, but the auction hasn't started. I wonder how much it'll cost the winner.

In London, at the British Museum, there is an exhibition about money and they mention Bitcoin: https://bitcointalk.org/index.php?topic=5408766.0

Also, in Venezuela there is a Bitcoin Mining Museum: https://bitcointalk.org/index.php?topic=5405204

There is another Bitcoin Mining museum as well, here are more details: https://bitcointalk.org/index.php?topic=5410748.0
368  Bitcoin / Bitcoin Discussion / Re: Original "Buy Bitcoin" sign for sale at an auction in a couple of days on: April 16, 2024, 01:40:12 PM
One thing that I just noticed is that as you can see on this photo, the page seems to have been removed from the pad:



But in the bid it looks like the original, attached to the pad:



It can be that the page was simply put on top of the pad to make it look more like the original.
369  Bitcoin / Bitcoin Discussion / Original "Buy Bitcoin" sign for sale at an auction in a couple of days on: April 16, 2024, 09:17:14 AM



Quote from: Christian Langalis, “Bitcoin Sign Guy”
When Bitcoiners ask me about the sign, I tell them, “You’d have done the same in my seat.” Yes, only I attended the hearing, drew the sign, and flashed it for the camera. However, it was the network spirit which seized the image and fabricated the memes. The full poetry of the stunt was far beyond my devising, therefore, my attitude can only be one of post-authorship. Bitcoin was massively rupturing into the halls of institutional finance in 2017. Any Bitcoiner worth their sats would have told you so. It’s good to finally liberate this number from my sock drawer and offer it back to the Bitcoin public. The message was subversive then, but now merely obvious: Bitcoin is flowing. Control is dead.




Auction Start: Thursday, April 18, 12 pm ET (16:00 UTC)

Auction End: Wednesday, April 24, 7 pm ET (23:00 UTC)

Auction link: https://scarce.city/auctions/buy-bitcoin
370  Economy / Gambling discussion / Re: Is AI going to affect gambling in any way ? on: April 16, 2024, 08:56:32 AM
I have gone through the topic and havent found any link that will lead to a proof that someone tried and tested AI for gambling. If AI would really help with making predictions, there would be examples of its usage, gambling community would have a hot discussions about it. Right now people seems to be either cautions to use it, or afraid to risk money and test. All I see that main argument is AI "might" make some affect, but nobody is sure about it. I would remind everyone once again - there is no magic "win" button, nor magic strategy to win always.

The thing is that AI is a tool, that's it.

You can use it to do more things, faster, and more efficiently.

You can explore different odds, games, bets, etc, and even check out other ways to make money.

If you have an open mind, you can use AI to generate money.

It's not the AI generating money, it's a human using AI.
371  Economy / Gambling discussion / Re: Which one is fun, watching with bet or without a bet? on: April 16, 2024, 08:54:52 AM
For many people, it was a discovery that emotions are important when watching a match, not just pleasure. Emotions can be anything: negative or positive, the main thing is that they are there. If the game leaves you indifferent, that's bad. When a game gives you negative emotions, it's unpleasant, but that's life. Life cannot consist only of positive experiences. Negative emotions give us a variety of experiences and always teach us something. Smart people and wise players are those who have experienced not only positive emotions, but also many negative ones. These negative emotions taught them a lot.

Yeah, I have heard a technique used by some people that is basically bet against their own favorite team...

If their team wins, they are happy, and can ignore the money lost.

If their teams loses, they are sad, but get a consolation prize with their bet.

I think it has something in it, as it's basically a win/win situation if you value that emotion similar to money.
372  Economy / Gambling discussion / Re: Do you believe in gambling experts predictions? on: April 16, 2024, 08:52:37 AM
~snip~
For me it's only helpful to have a background on such teams or players that is new to me. I do my initial research with them. But for most, I don't do my whole bet decision base only to the fact or prediction that they've presented to the public. I don't want to put all my hope to any analyst in the league. It's my money I'm betting so I always make sure that it is my decision. So I just use it correlate with my own predictions. And that's a very good point, only bet on games that you know and you enjoy. Or else, study the game. Grin

Yeah, AI is getting better and better at giving great advice regarding many things but at a basic to medium level.

When you want it to go deeper it sometimes struggles or makes up things.

For initial exploration though it is brilliant.
373  Economy / Gambling discussion / Re: The madness of gambling addicts. on: April 16, 2024, 08:49:59 AM
~snip~
This is exactly how nasty some addicts are . Some can even go out of their way to do worse taking huge loans just for some mindless staking without even having a guarantee of how they could possibly get some money to offset the loan. This is the reason why at the end of the day , most of these addicts end up bankrupt some even at the brink of becoming homeless. If as a gambler you are not able to control yourself and manage time and money spent on gambling stakes and activities then you are either not mature enough to gamble or you too irresponsible. One of the major reasons gambling is 18+ plus is based on the capacity to make mature decisions.

Yeah, I think many people might end up in that situation given certain scenarios.

It's easy to just assume everyone else can end up in an addiction, but it can happen to a lot of people.

Once you are addicted to something, it is quite difficult to get out, and the people looking from the outside don't really get the full picture of what's going on.
374  Economy / Gambling discussion / Re: When you are not to gamble. on: April 16, 2024, 08:48:18 AM
~snip~
Sometimes an experience to lose in gambling can make someone realized that it's not an activity to earn money easily. Because as we know many gamblers are engaging themselves in gambling because of the thought of gaining when they play.

Thus it's crucial to know what you are getting into before deciding to use your money just to play. Always expect the worse case that can possibly happen so that you're not going to be hopeful to win.

Yeah, it is important to have a good understanding of what you're putting your money into.

Many people don't really think twice about gambling, and they just to it because "everyone else is doing it", when in really it's not everyone.
375  Economy / Gambling discussion / Re: Claw Machines: a category of gambling? on: April 15, 2024, 08:44:54 AM
~snip~
True, many people don't know that the grip strength can be tweaked, so that it is loose for x amount of rounds.
This way even if the player aligns it perfectly with the target, the prize will fall prematurely before being delivered to the hole.
So two factors play and contribute to the winning chance: (1) grip strength and (2) positioning. Basically, whether or not the player is skilled, there is still randomness in the game.

Interesting.

In that case I guess there must be some kind of standard or something that can be tested to make sure the machine is working at the correct level of randomness.

At least gambling machines have to pass certain standards criteria to have the license to operate.

Otherwise you could just have the grip always loose and never pay out the prizes.
376  Economy / Gambling discussion / Re: When you are not to gamble. on: April 15, 2024, 08:36:00 AM
~snip~
I have a profitable friend who told me that when you are in a loss, don't look at that as a money taken from you. Instead think of it like a loan you give to the casino. There's no need for you to take it back right away. As much as possible take your time, it may have a interest later on. This shift my perspective a lot. In gambling there's no need to rush and take your money that you've loss. Casino will always be there. So it's not aonly discipline or self control. It's also more of perspective and beliefs around one's behavior.

Yeah, but the math in this case shows that the longer you play, the more money you will lose. That's the most probable outcome.

You might think that in the long term you might win, and yeah, that might happen, but in most cases you will just lose more money.
377  Economy / Gambling discussion / Re: Is AI going to affect gambling in any way ? on: April 15, 2024, 08:33:05 AM
~snip~
same here mate, AI has not been fully used yet, there are trial usages that appear just like when there's an AI reporters were trending, the quality is not that good and another thing is that people are also the ones who manipulate the AI's so maybe they have not been fully adapted yet even if we say that we are in modern technology now, and if such an AI technology happens that almost everyone will work for the country, what about the people who may lose their jobs?

Technology keeps advancing and new jobs are created meanwhile other jobs are destroyed.

The whole software industry didn't exist a few decades ago for example, and now heaps of new businesses and jobs can be done through the internet.

There will always be other ways of being useful to other humans. That's a job basically.
378  Economy / Gambling discussion / Re: The madness of gambling addicts. on: April 15, 2024, 08:31:15 AM
~snip~
Most gambling addicts do not use reason to implement their strategies when playing so that their minds are completely controlled by emotions and make them lose in this case. Apart from that, we can also see gambling players who have fun with every game even though they also hope to win, but when they lose they just act normal and will try again another time with the same feeling. This is why being addicted to something is sometimes not good for ourselves, so everyone must be smart in enjoying it even though they have to lose many times before tasting victory.

Yeah, heaps of addicts end up not being rational at all and only leading their addictions with their feelings.

It is not really a great place to be and it can be quite expensive.

You can slowly try to reduce your addiction, but it takes time.
379  Economy / Gambling discussion / Re: Where is the fun when you lose your money? on: April 15, 2024, 08:29:53 AM
I doubt there is a single one of us here that enjoy losing bets or money right ? if you do , I think you have some problems or you're mega rich and you don't care about money but 99% of gamblers really don't enjoy when they lose money as most of them are gambling to become rich and they are afraid to admit it and that is the first sign of addiction. For me , when I have a losing streak , I stop betting and maybe after 2-3 weeks I will try another random bet to see if I'm still in the same situation or my inspiration and luck are back.  Wink

The thing is that gambling is a random event.

Every single game is independent of the previous ones. That means that you can wait a week, month or a minute, and the probability will be the same in the next game.

There was a time in the past where games were "easier", for example roulette tables didn't have the double zero, making it more probable to win compared to current ones.
380  Economy / Gambling discussion / Re: Claw Machines: a category of gambling? on: April 13, 2024, 01:41:45 AM
~snip~
It's not a game of skill, many people in this thread said it, and I agree with them. It's an illusion that the creators of this game bore in mind when they were making it. It would be a game of skill, more or less, if after you captured the prize it were guaranteed that you'll get it. Unfortunately, we all know that more often than not it's not the case.

I have seen people winning prizes at some claw machines, so it is possible.

Of course some machines might be rigged, as every machine is different. But in theory, it should be possible to win.
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