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@spy100 why you mad dude? Everyone understands that this is an (ongoing) experimental project, devs still tweak here and there, some create their own coin, some fork the chain, etc. If you don't like BTC, there are hundreds of altcoins that you can pick.
No one force you to use BTC, and you are free to use coins that best suit your purpose.
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But here some screenshot from the old "Roowards" I found on twitter, they even got 24% for the next level.
From what I see, he needed 76% to reach the next level, not about the rake back amount. @baxterx I don't think anyone will be comfortable giving you advice to gamble (in a public forum). You have to understand the types of bets.
Educate me please sir! |
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What I do not see in any of those points is where the capital is going to come from?
I think capital comes from the "tax," where each worker gives some amount of money. Also, the community can utilize excess capital from a particular member. For example, Mr. X has a big house with big rooms, then the community can use one of his rooms. I am sorry that I don’t get how few things are feasible? How can the skilled workers and the janitors have the same votes?
Not every decision gets to the voting mechanism because voting is usually the last resort to solve the problem. Now, the key is about collective decision making so we as the community can discuss the problem to reach a consensus agreement. The programmer can persuade/educate the janitor to reach the consensus agreement. Certain changes need to be implemented at government level, such as legislation on executive pay ratios.
...
Again this is a change that would need government-level support.
The professor argued that this democratic corporation needs to be implemented first. Then the government will follow and not the other way around. That said, problems or obstacles should be solved within the community as a whole. Surely the decision will be for the best interest of the community. Interested in socialism?  |
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Bitcoin has intrinsic value, i.e, labor-value (PoW).
Paper money has intrinsic value, i.e., labor-value (design, print, cut) and utility-value (you can burn the paper or do whatever).
Intrinsic value isn't about backed by anything but the value in itself because of its existence. In finance, the intrinsic value of a security is seemingly about it being "backed" by something because, let's say, stocks. A stock exists because of a company, thus we value the company.
Anyways, I'd rather use the term fundamental value (in finance) to avoid misconception.
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Tether dkk ini ga lebih seperti bank sehingga kalau ada permintaan dari aparat untuk membekukan "rekening" ya harus mereka lakukan. Kalau rakyat jelata sih ane kira tidak begitu terdampak sehingga kalau gak mau pakai stablecoin dengan alasan takut dibekukan ane rasa kurang masuk akal. Liat aja berapa "saldo" terduga kriminal yang dibekukan...
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This sounds a bit like the organizational structure of food cooperatives:
Cooperatives don't have to be in the food industry, it's just the organizational structrure. I couldn't see a single marxist supporter here? What happened? |
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From the old "Rooward" the percentage was based on how much you are wagger on the casino and the percentage about the "Rooward" always changing sometimes 2-5% and could be sometimes 15-20%.
Wut? 15-20%? Let's say I wager $1000, I could get $150 back? Sounds too good to be true But that's possible if because of lossback, since you do all-in most of the time. 3rd world high roller #claps! I tried to redeem a promo code from Roobet's Telegram yesterday however I got this message: We're sorry, this promotion has ended!
You have to be quick and claim it before anybody else since it can end in a very short time. That said, I can claim the promotion most of the time. If the post had fewer views, probably that's because users read the message from telegram's push notification. Anyways, it was only 0.15$ |
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Dude, you should check proper https usage as some section is still in http, and you still use uncleaned URL in 2020!? Anyways, I'm skeptical about the security and the legitimacy of the site. I hope you can prove me wrong  |
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I can look into the exact payout formula, we actually incorrectly advertised this edge as 2.7% for many months but after running many millions of round simulations we found it to be lower and adjusted accordingly.
Just as a precaution (or for satisfaction ), maybe the team should run the simulation 10 billions time to get the data (including max win) as some mainstream provider did. Not sure how they got the number, but maybe there is some merit behind it. But the devs should be able to calculate theoretical RTP without simulation though. |
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When roobet first started out and changed their house edge everyone was talking about how unfair it was and how the other places were different and all that, they said wait for it because they will be giving out the house edge in prizes
There is rakeback as well. Anyways, do you guys have information of how many % rakeback for each level? Is it worth to level-up your account? |
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On the other hand, it is necessary to pass without stating that these services are not strictly considered for the users and that they are programmed to ensure that their users do not always gain. In fact, this applies not only to these two services, but to all the services on the list, because they always earn cash in gambling. For this reason, I think that no service is working equally and fairly.
I tried to dwell into your comment multiple times, I think what you think about "provably fair" is different than what I (or the community) know. Fairness is about the outcome cannot be manipulated, that the provider cannot know the result before the action/spin happened. The result then recorded and can be verified independently. Of course there will be HE, but as long as the algorithm is working properly, it is provably fair. They earn the profit in a fair way. |
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Marxist professor, Richard D Wolff lays down a plan for companies in a socialist economy. Here are some of the points he made about "Democratize the corporations:" - One worker, one vote The decision about what to produce, when to produce, etc., is a collective decision instead of the top management decision. This means skilled workers have the same vote as the janitors. - Workers-owners The workers are also the owners of the company; therefore, they get to choose what to do with the profits. - Not profit maximization Worry about machines replace your job because it will lower costs? It's not a problem with this democratic corporation since the goal is to keep the workers happy. Do you guys like this concept? I smell at least a part of the spirit is present in the DAO or DeFi. Feel free to comment Source: - https://www.youtube.com/watch?v=9OzV6jtc9OQ- https://www.youtube.com/watch?v=ynbgMKclWWc |
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^ Money in particular to paper bills has no intrinsic value rather they only have a relative value which denotes how much and how far it can be used in trading for certain things. Paper money at some points may have low value because of the materials used to produce it unlike with golds and other precious gems the value rely on its abundance and demands of people on it but still, the value of paper money doesn't rely on its material for it has been known and recognized globally on what it can give you when you trade or exchange it of something. Nevertheless, if we are going to talk about something that is abundant and still has a great value you may try looking around you will see it is not only because of their intrinsic value as you what you call it but it's important that made them valuable at all.
That's not correct mate (based on economics). Intrinsic value is another term that refers to objective theory or classical theory. It has a view that the value of goods and services is intrinsic or can be measured objectively, e.g., labor, utility, Marx's exchange value (of a commodity). Long story short, it has failed to explain why, let's say, when you find some diamond on top of your garden, it still has high value despite you didn't put substantial labor to get it. It also failed to explain why water has a substantially lower value (in most circumstances) than diamond despite its superior utility to keep you alive. And why some people value stuff differently (about preference). Even with the classical/intrinsic value theory, paper money still has some value because of its labor-value and utility-value. Nevertheless, we have moved to the subjective theory of value. |
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honest but savage and brutal comment lol
Yea, in hindsight, I shouldn't be giving too "politically correct" suggestion. Thanks though for doing the dirty job However, regarding the "nightmare" stuff, in my country (and I think globally), businesses haven't fully recovered, and layoffs are still happening. People who were fired or in a brink of bankruptcy would regard this situation as a nightmare. When people invest in gold it means that they are expecting something really bad to happen
Not really, the "boom and bust" is everywhere! Not sure if there is empirical evidence to support the relationship between the increase in gold price and crash/recession. It would be best if you find one before making such claim. |
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The theory about intrinsic value is obsolete anyway, so it doesn't matter. Modern economist accept the marginal utility theory, or subjective value. It's recommended to read the paradox of value (or diamond and water paradox) |
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Yep, it's a nightmare. But I'm not sure about moving from IT to agriculture would be a good idea because both require different skills, plus you will need more capital. Well, it depends on you, do you have enough motivation to learn and start from zero?
Look, I also forced to close my business temporarily, and what I said to my stakeholders was, "try to survive this pandemic by any means necessary, and we will come back stronger than before." In other words, there's an option to stop the business temporarily, not to change direction permanently.
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I have been reading about the differences between money and currencies, even I have not seen anyone referring bitcoin as money but only as currency. I read about the difference on many site. Check the quotes below:
You should go to the relevant board then Perhaps this discussion will entertain you (read also the reply after that comment where I mention M1-M3). |
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^Bagus bagus! Ane harap semakin banyak tokoh-tokoh yang mengikuti jejak Wozniak dan beliau bisa menang di pengadilan. Kelakuan Youtube yang terkesan lepas tangan ternyata ga cuma membuat geram cunguk macam ane, tapi sudah bikin geram paus juga Semoga dengan ini scam-scam yang menggunakan platform Youtube bisa segera diberantas. Sepertinya ini adalah akhir penutup thread yang manis  |
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