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3741  Economy / Economics / Re: Venezuela Planning New 100,000-Bolivar Bills Worth Just $0.23 on: October 09, 2020, 05:50:16 AM
This is what happens when you invest your country's fund into individual wants of your citizens and not on general welfare or anything that will benefit more in the long run. Add the corruption from the time of Maduro, the irregularities of election. You know that it is a recipe for disaster when the government is paranoid about the security of their leader because even if they do not admit or blatantly deny it, they have secrets that they want to be hidden. Zimbabwe is a good example of what happens when the leader is incapable and corrupt.
3742  Economy / Gambling discussion / Re: Proof of pure luck on: October 09, 2020, 03:50:52 AM
This system, known as Provably Fair, has been known for years, and it probably greatly contributed to the growth of crypto gambling industry, since it solved the problem of trusting in the fairness of the game. But it didn't solve trust completely, a casino can still make an exit scam, they can refuse to payout the winnings, and this cryptographic commitment scheme doesn't work for investors, which means that casinos could be theoretically defrauding them.
That is the number one problem for online gambling, you can't win big because someone might fuck you from behind by witholding your winnings. I think trusting strangers is a hard thing to do because people are different. In my opinion, this is the number one dilemma of gambling entrepreneur, making sure that their games balances between being trustworthy and profitable. You can't have imbalances because that will be bad for your business either way. If you open up your business too much, exploits will pop up and if you want to rake profit then you will do questionable measures.
3743  Economy / Gambling discussion / Re: Betting small amounts on a lot of matches or big amount on couple of matches? on: October 09, 2020, 02:32:55 AM
The key to sports betting is how you can have as much information as possible to select the team with a big percentage to win. If you can't collect the information, the chance for you to win will not be too bigger, and even you will lose and not make any money.
That is one part of the solution for betting in sports. The problem is how do you plan a strategy that continually profits, for me the better way to profit would be betting small amount in all the games, the risk is too high for betting large for a few games. The downside of the former is that you will have to analyze every team and I think if you are not a full time betting enthusiast, that will be taxing. The latter narrows the accumulation of information which is enticing. In the end, the choice is yours and we all just voice our opinions about the upsides and downsides of the choices given.
3744  Local / Others (Pilipinas) / Re: Paano natin i angat ang local at makatulong. on: October 08, 2020, 02:59:12 PM
Sa tingin ang pinaka malaking maitutulong ng bawat member sa local board is mapaganda natin yung reputation natin bilang indiviual member ng forum. Malayo ang maaabot ng magandang reputation lalo na sa mga newbie kasi sobrang dami ng newbie ngayon na ginagamit lang yung account nila para mangloko tapos malalaman kung anong local board siya galing which is nakakahiya sa board kasi pwedeng yun ang gamitin nila para igeneralize yung bawat member sa local board.
3745  Economy / Trading Discussion / Re: Rather learn to trade by yourself on: October 08, 2020, 12:53:22 PM
Nothing wrong with hearing or reading what someone says, in the end it is your decision whether you want to do the things. It is wiser to learn about others mistakes rather than your own mistakes. Press on and you will be successful in trading one day, you can learn but next time think about the decisions that you will do.
3746  Economy / Trading Discussion / Re: Don't trade if you're inexperience rather stake your coins. on: October 08, 2020, 11:33:43 AM
Adequate experience is required to trade it is not possible to trade with a small amount of experience there are many risks here. Inexperienced individuals who know about trading before seeing and then trading are in most cases the loser and later become frustrated. I always plan to make the business risky and try to keep up with the market.
Accumulation of experience is detrimental when you want to trade. You also should be wise in regards to trading because at first you will incur losses and losing a lot at the first try discourage you. You can do both because nobody gets big by just staking small amounts and profitting small amounts, there will be risk but that comes with it when money or finance is involve. Better take a shot and miss than not taking a shot at all.
3747  Economy / Reputation / Re: Cheating in Logo contest, participate using stock image or someone's else logo. on: October 08, 2020, 09:44:58 AM
Wouldn't the core issue fall on the team for not being specific in their rules? it's common sense that if they want to launch a brand, they wouldn't want a logo based off of another company or even anything close, but this is bitcointalk. I've found that you have to freaking map out everything to make sure even the most ignorant would understand.

You have a lot of members from very poor areas who are going to use anything they can to make a buck, and not feel bad about it. In their minds, they did nothing wrong. Anytime anyone launches a contest, the rules have to be 100% clear and understandable to avoid this sort of thing for the contest.

The company should have done a better job in the selection process as well. They need to research all submissions to try and detect similarities in other brands and logos. Just my 2 cents.
Definitely poor organization of the event is at fault. Maybe next time have a specific software to be used so there will be no way to cheat. Logo maker is cheating in my opinion because ideas are already there, you will just adjust it to your liking, maybe use the style for inspiration but not the copy it altogether.
3748  Economy / Economics / Re: Cryptocurrency Adoption: A Breakthrough? on: October 08, 2020, 08:16:14 AM
Many countries are now cryptocurrency adoption which is very good for the citizens consumption. During the pandemic many currencies lose value but cryptocurrencies still maintain stable and valued in the exchange in the market areas.
I think this will be a breakthrough to some country that have never adopt cryptocurrency in their country. Cryptocurrency adoption is a good one which it can help the country to find solution to all the challenges the lockdown has caused in their economy.
Fiat depreciation does not speed up adoption, it does not matter if there is a cryptocurrency adoption if the services you can access is very limited, businesses will have a hard time doing a 180° because most of their models are not suited to crypto payments, especially small businesses, it is not like system integration comes at a cheap price. For a true adoption to happen, the whole country should be flipped upside down because some parts will not survive if only a few adapts or vice versa.
3749  Bitcoin / Bitcoin Discussion / Re: Why do people avoid bitcoin? on: October 08, 2020, 07:25:44 AM
The people who avoid bitcoin either does not believe its capabilities or new ways of transactions is not their thing, bank transactions seems more efficient for them because they understand it better than bitcoin. Yes, they can be educated about capabilities but like anything, it is easier said than done. Theories work good on paper but application is different problem, that is what this looks like for people that avoid bitcoin, they do like the concept but the complex real time application is what keeps them away, familiarity to technology is harder to older people.
3750  Local / Others (Pilipinas) / Re: Bitcoin podcast Tagalog? on: October 08, 2020, 05:18:28 AM
walang bitcoin podcast tagalog dahil isa lang ang  mindset ng mga pilipino dito sa forum ay kung paano kumita ng malaki at kung paano maging malalim ang pagkakaunawa dito sa forum at kung paano magkaroon ng idea para kumita
Wala namang masama na kumikita sila, hindi mo naman kailangan malaman lahat patungkol sa bitcoin or blockchain, unless magiging developer ka ng blockchain technology. Huwag sana nating idown yung mga taong kumikita dito, kung gusto mo na makatulong para maging mas maalam ang member ng forum, edi mag post ka ng mga bagay na makakatulong para sa ibang member.
3751  Economy / Gambling discussion / Re: What is House Edge and how it effects gambling on: October 08, 2020, 04:28:42 AM
House edge is what keeps casinos running.I personally like the most the poker house edge where I think it is the most crystal clear to players.In this case the house edge is the percentage the casino gets from each hand played and all players clearly see what it is.For me this is the perfect example of a house edge,all others like slots with RTP(Return to Player) etc that claim they give you back 96.7% for example they are only theoretical and I tend to not really believe them compared to the poker house edge.
I do not think it is the only thing that keeps casino afloat, some physical casinos have n entrance fee, a hotel suite, a restaurant and if they are shady casino, they get a kickback from money laundering. Shady casinos are rare though because crackdown on money laundering and illegal gambling is high. If you know the house edge of a game in a casino, you have more chance in winning because you will lose less and win more.
3752  Economy / Gambling discussion / Re: Kaiji: Anime to learn about the stakes in Gambling on: October 08, 2020, 03:38:17 AM
This topic is appropriate for this board.So you do talk about Kaiji? Im also a manga lover too but on just several old animes in the past but not this one.
Tried to search it out and find this one about discussions about Kaiji as the best gambling anime. https://www.youtube.com/watch?v=u3JwJQyKbx4

I havent read it up on whats the story line but if i do have the time then i will start on reading this one out. Thanks for the share up though!
Thank you for the feed back about the topic being appropriate in this board. I am more of a manga reader right now, if I get a new phone then maybe I will start watching anime again. To be honest, I haven't been interested when I first saw Kaiji because the artwork was not in my taste and I did not bother to read the plot plus my choice of manga is between the range of Berserk being dark fantasy and Kengan Ashura being martial arts, sports related manga is the one that I am avoiding the most because in my opinion it is too boring for me, Martial arts manga on the other has been marked to me ever since I was 13 so no doubt that I love Martial arts manga. Kaiji is a new one for me because I am avoiding the genre of manga and I have a list of manga to complete so maybe I will watch it if I get a new phone.
3753  Economy / Gambling discussion / Re: Kaiji: Anime to learn about the stakes in Gambling on: October 07, 2020, 01:30:07 PM

I disagree. As an anime fan, Kakegurui is the best for me than Kaiji. I didn't watch it yet but I've read it's plot and manga. Kakegurui just simply tells us that gambling should be that way, in a funnier way even if you lost, you don't have to take it seriously like you're gonna lose your mind for feeling like a real professional gambler whenever you have a loss. It's about having fun all the time because why bother being sad when you already lost the bet.

But that's just my opinion, about the anime we're talking about here.
Kaiji does the tension real good though, the suspense each time Kaiji plays because his life literally depends on that game. There was an episode where the life of his friends are the one at stake. I think Kaiji has a good pull when it comes to raw emotion, it really puts you a sense of dread and at the same time pity for Kaiji's state.
3754  Economy / Gambling discussion / Re: Kaiji: Anime to learn about the stakes in Gambling on: October 07, 2020, 11:33:06 AM
Kakegurui is a gambling base anime as well but in my opinion, it is not so good as Kaiji, If you would watch Kakegurui Losing is not that big of a deal, Even though it is particularly both gambling it is in a different level of Psychological aspect, While Kaiji has a risk involved in every time he loses, I say Kakegurui has a lot of fan service on it and if you're into Fan service and gambling at the same time, I suggest it but If you are into the story I think Kaiji is great in aesthetic in pure gambling.

I wish there are Anime Bitcoin base story but again there are not.
I love Kakegurui because my waifu Jabami Yumeko is there haha. Anime that has bitcoin as a center for plot is boring for my taste. I do not mean to offend but finance centered anime are not that famous, the most succesful anime I can think of is Kengan Ashura/Ashua.
3755  Economy / Gambling discussion / Kaiji: Anime to learn about the stakes in Gambling on: October 07, 2020, 09:36:51 AM
I was perusing Youtube and the algorithm keeps on recommending clips of the anime Kaiji. I didn't check any but I got curious, so I searched it in Google. It was a pretty good story. I am more of a manga reader rather than a anime watcher. The story is pretty good and I think gambling discussion deserves to see this and atleast some of them check it out.

Please delete or alternatively move the post if it is not appropriate to this board.
3756  Economy / Scam Accusations / Re: Loki888 scammed me on: October 07, 2020, 08:12:32 AM
Dear BTCTALK staff!
Instead of blaming member about how they trust other members try to update your forums feature and increase its security! Your forum is full of scammers. I can tell for sure that almost 80% of your members are scammers and you need to do something about that!
Diid you know that the staff and other forum members do their best to thwart this scammers? What is the point of all the post about educating newbies about scams when you blame those same people who are helping you. We do not want scammers too but we are not a hive mind and their will always be people with ill intent that will do shit even if the intentions behind is pure. Do not blame someone, I think blame should fall not just on the forum but more on the individual. I hate people blaming the system when they are solely responsible for their money, if you are easily pressured by outside forces then you might as well take a break and think for yourself.
3757  Bitcoin / Bitcoin Discussion / Re: Are people giving up on Bitcoin too quickly? on: October 07, 2020, 06:15:33 AM
Who are these people? Maybe they never believed in the technical developments or never really understood how bitcoin works in the first place? There are many pretenders in the space so they could be one of them. They only bought btc for the sake of trading them at a profit.
Have you ever thought maybe their country limits them? Sure there are the cash grabs, there are other factors too. There was a post here where OP quit because exchanges closed in their country. There are others who got scammed big time and they were so distraught that they never got to trust bitcoin again. Do not get a tunnel vision, widen your perspective. I do not think that using bitcoin as a means of becoming financially stable is a bad thing, the development of Bitcoin is already happening, you might as well get the benefits of believing that it will revolutionize society.

Post: https://bitcointalk.org/index.php?topic=5280183.0
3758  Bitcoin / Bitcoin Discussion / Re: How Far should the Government Go to Protect its People? on: October 07, 2020, 05:20:34 AM
So instead of educating their people of what crypto currency is to avoid problems, they instead just straight up ban it for their so called "Consumer Protection"?? Isn't ignorance the greatest damage one can get, and only with knowledge would one be truly safe? All of their reasons simply sound like excuses to me and not legitimate reasons at all. Problems with reasonable solutions shouldn't really be seen as problems at all.

The only thing left for them to ban is the ability of people to be curious, to be creative, and to be informed tbh. The only thing missing in their announcement would be something along the lines of "I decide what you get to do, not you" kind of thing, an act of controlling under the guise of protection.
I think the points in OP's post make sense. They are not that harsh in my opinion, the problem here is that they did an iron fist ruling in regards to the issue, a better solution would have been regulation and monitoring. In bureacratic perspective though, regulation will not be a cure all, someone will slip through the cracks no matter how strict the regulation is. Monitoring will cost a lot of manpower which means that they will need a bigger funding. I agree regarding educating the masses because this is the most practical solution forthis, some will be cynical with the solution because there will be ignorants that will dismiss education, let me tell you this, if the masses money is involved, I am sure that they are going to listen.
3759  Economy / Scam Accusations / Re: Loki888 scammed me on: October 07, 2020, 04:09:42 AM
You are the first poster I saw that never intended to bring back the scammed amount. You could have done a 50/50 deal in the first place, what stopped you from doing that. The sense of urgency made you muddle your thoughts on how to deal with someone online. The chats were red flags dude/dudette, when someone says they are not going to ruin their reputation for a couple of bucks, chances are high that they will ruin it. All of chats were red flags actually, the audacity to tell you that he won't deal a 50/50. He even wants you to delete the topic to cover his ass.
3760  Economy / Scam Accusations / [Suspect] Forsage Clone Script on: October 07, 2020, 02:46:30 AM
Description:
I found a topic where OP posted a clone script of Forsage. The post even boldly claims that it is an MLM (Multilevel Marketing). This might be worth checking out.

Reference Link:
Original Poster: https://bitcointalk.org/index.php?action=profile;u=2862036
Post: https://bitcointalk.org/index.php?topic=5280290.0
Website: https://maticz.com/forsage-clone-script
Additional Notes:
This is not an accusation to be fair with OP, I replied to his topic and there is no reply at the moment that I posted this. I didn't flag him as I am new to this and I might have flagged a false accusation.
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