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381  Economy / Gambling / Re: What do you want to see in casino reviews? on: December 31, 2023, 08:08:17 AM
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1. Do you read casino reviews?

2. Do you find any casino reviews useful? If so, please share some examples of good casino reviews that you find useful.

3. What should a casino review contain to make you read it?

4. I've already tried to write reviews that I find useful.  If you have the opportunity, please share your thoughts on them: WolfBet Review and LTC Casino Review

5. Additionally, please share any thoughts you have on the topic of casino reviews.

Of course I read casino reviews. Every gambler with a brain must read casino reviews, before depositing money into a new crypto casino.
I'm extremely suspicious about positive casino reviews on Trustpilot(and sites similar to Trsutpilot), because those reviews seem fake.
I guess that the casino reviews on Bitcointalk.org are more trustworthy, especially if the guy, who wrote the review is a respected forum member with good trust rating and merit.
I've never used WolfBet, but I remember that there were scam accusations on the forum about this particular casino. I don't know anything about LTC Casino.
382  Bitcoin / Bitcoin Discussion / Re: Bitcoin's function 5, 10, 20 years from now on: December 31, 2023, 07:37:49 AM
I'm wondering what people on here, think/hope Bitcoin to be in the near to mid-term future, let's say in the next 5,10,20 years (pick one time horizon).  Not the price, but it's role in everyday life (be it, in the U.S., developed nations in general, or globally).  Further, what roadblocks are in the way currently that has to be cleared to get to there?

I want to leave this very open-ended and hear the thoughts of the very smart people here. 

The function/role of Bitcoin will remain the same even after 50 years(assuming that the human civilization still exists). Bitcoin is a store of value and a medium of exchange, just like any other currencies around the world. The problem is that almost nobody wants to use BTC as a medium of exchange, because everyone expects the price to go up in the future. Bitcoin might be dethroned by a better altcoin, that has cheaper and faster transactions(assuming that this altcoin will be secure and truly decentralized). That doesn't mean that the function of BTC will change.
383  Economy / Gambling discussion / Re: Gambling for fun, is it a lie that we tell ourselves? on: December 28, 2023, 07:55:51 AM
I know for sure that if we take periodic account of how many times that we gamble, maybe weekly, monthly or yearly, we'll find out that the loses are far greater than the winnings, so I sometimes wonder how we can be indulging in something that we lose far more than we gain, in the name of having fun. I know that it's human nature to want to conquer, defeat, control and be the leader, yet we go into gambling knowing that the system doesn't give us a fair advantage of achieving these aims, yet we're happy to go back and likely be defeated again.

Perhaps deep down in our conscience, somewhere that we don't like to listen to, it still tells us the truth that the reason why we're going to gamble is to hopefully win money, not really to have fun.

I know that it's said that you should gamble the amount that you can afford to loose, but will you call it a true fun when you know that there's a higher probability of losing your bet?

As long as you have a dopamine boost in your brain while you gamble, then yes, gambling is fun. Having a dopamine boost isn't "lying to yourself". Your body and your brain is having fun, I don't think that your body and brain can lie. Maybe your rational mind denies the fact that gambling is fun, but your subconscious mind wants more and more dopamine and this is what dominates and controls your behavior.
If you gamble with the sole purpose of "making money" gambling becomes stressful and the "having fun" part goes away.
Is gambling a productive way to spend time and money? Nope. Some activities and hobbies are fun and productive. Gambling isn't productive at all. That's why gambling is considered a bad habit, just like porn, gaming, drinking alcohol, doing drugs.
384  Economy / Gambling / Re: Blackjack.fun on: December 28, 2023, 07:18:14 AM
The fact that they locked their own thread on here does not mean we cannot talk about them in here.
Anybody still playing here and what are the experiences?

Blackjack.fun has a 4.5 star rating out of 34 reviews on Trustpilot. Most of their positive reviews seem kinda fake and there are negative reviews pointing out that Blackjack.fun has scam accusations on Bitcointalk and they don't pay bonuses and affiliate commissions.
Locking their own announcement thread would mean that they probably will shut down their casino anytime soon. I wouldn't bet any crypto coins on that casino. It's sad that many crypto casinos destroy their reputation by failing to keep their promises and doing sketchy stuff.
Crypto gambling is a very competitive business and only the most trustworthy casinos will survive.
385  Economy / Gambling / Re: PvP Games in Casinos | What's your thoughts? on: December 27, 2023, 10:54:53 AM
Hello, fellow gamblers!

I've recently discovered the concept of PvP gambling games, and it really fascinates me.

I would like to research this topic more. Could you please share any PvP Games you like and any interesting articles about this concept if you know any?

So far, I have found BCH.Games's Jackpot and Duelbits Duel Dice. I am interested in similar games, not classic PvP games like poker or blackjack.

Thanks in advance for the answers.

I would like to see a penalty shootout PvP gambling game. There's a penalty shootout Player vs. Player game available as a mobile app on Google Play, but it's not for gambling. How cool it would be, if we add a gambling element to a penalty shootout game. Both players bet a certain amount, they play penalty shootout(5 penalties each) and the one, who scores more goals wins everything(minus a casino fee).
I've never seen such game implemented in a casino and I would definitely play it, if some casinos decides to offer such game.
386  Economy / Economics / Re: Wealthy people want profit without much of liabilities so you should follow them on: December 27, 2023, 07:24:41 AM
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That's why i stay out of trouble by not allmost owning nothing or any liabilities on my name as possible.

Where do you live? Do you sleep under a bridge? Grin Even if you pay rent for an apartment, the owner of the apartment calculates the taxes over this apartment in your rent. Assets are being taxed, not liabilities. Real estate property is being considered an asset, not a liability.
The maintenance costs for the liabilities are being deducted from the taxes(in most countries around the world). That's why many rich people get loans in order to buy an asset. The interest rate for the loans gets deducted from their taxes.
I don't know what impact the Bitcoin ETF approval will have over the real estate markets, but I don't think that it would cause the real estate prices to go down. 
387  Economy / Gambling discussion / Re: ⚽ Premier League 2023/2024 Discussion Thread ⚽ on: December 27, 2023, 07:02:01 AM
Manchester United must be getting really regretful for signing Rasmus Hojlund by spending over 70 million euros. He still has no goal in the Premier League despite playing in 14 matches. This is just horrible statistics for a so-called promising striker like him. He might be very young maybe but this is still not an excuse for this at all.

There are so many other examples who are young but still able to score some goals at least. It mustn't be that difficult to score a goal in the end, right? I criticize Nunez quite much as well but he still has made a decent contribution to Liverpool in the league so far.  Smiley

Hojlund scored his first goal in the Premier League against Aston Vila and helped his team win 3-2. He is a promising striker, but he doesn't get enough support from United's midfielders. I kinda agree that he is overpriced, though. 70 million is just too much, but United paid absurd amounts of money for players, who are underperforming. Anyway, the red team from Manchester achieved a great victory versus Aston Vila. Losing 0-2 in the first half and winning 3-2 by scoring three goals in the second half. Alejandro Garnacho scored two goals, proving that he must become the leader of the new Manchester United(even though he's too young for such role).
388  Bitcoin / Bitcoin Discussion / Re: Can you recommend reliable virtual credit card for paying bills (no KYC) on: December 27, 2023, 06:40:21 AM
Can you recommend reliable virtual credit card (no KYC) for paying bills and just to throw it out there maybe even considering setting up paypal only if I have to. No KYC.

Is it mandatory for you to pay the bills via VCC and what do you mean by "just to throw it out there"?
All the VCC providers, that are somewhat reliable require KYC. You can get a prepaid virtual card without KYC, but prepaid cards won't do the work. I've spent several months looking for a good non-KYC VCC provider with a reasonable price, but I failed at finding one.
There was a forum thread in the Service Discussion forum, posted by Ratimov, where he lists all crypto virtual card providers.
You can check his forum thread.
389  Economy / Exchanges / Re: FTX is now solvent thanks to SOLANA on: December 26, 2023, 11:37:10 AM
They can probably sell all the locked fund at a 30% discount right away or just wait it out, collecting the coupons and getting the funds unlocked every month which is what they chose to do so far.

They should liquidate all of the SOLANA and use it to pay the customers they robbed when they went down.

I agree. What's the point selling the SOLANA coins for fiat and giving the fiat to the FTX customers/investors? The SOLANA price will crash in no time.
Most of the FTX customers probably have altcoin wallets. Just give them all the unlocked SOLANA and you are good to go.
The problem is the lack of such option in the legislation(I guess).
The good news is that the FTX investors have a chance to return some of their investments.
390  Economy / Economics / Re: Binance: get rich or die trying on: December 26, 2023, 11:11:30 AM
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Fictional money, a shot at inordinate riches and a good chance of landing in jail at some point. That, in a nutshell, is the popular board game of Monopoly.
Entire article is here:
https://www.economist.com/finance-and-economics/2023/11/22/another-crypto-boss-falls

Not only Changpeng Zhao, head of Binance known as CZ has to pay a fine, he most likely has to do some time (in Jail). What they (He and his management) did was what had to be done to become the most popular exchange. A construct which replaces the middleman. Also at least co-responsible that many people believe trading to be synonyms for Crypto, even Bitcoin.

Getting rich or die trying is the credo of many people living in Ghetto-like circumstances.
It would not have been possible without his management, the people he put in place to manage the accounts, among others.
The article paists a nice picture of the venue Binance if you cannot get to the info past the paywall use

https://www.removepaywall.com  a gift from Elon ,)

I really believe that Chanpeng Zhao is no different than Sam Bankman-Fried. Of course, SBF was more irresponsible and maybe stupider, but I can't get out of my mind the comparison between those two guys.
When you become financially successful really quick, you start getting delusional and you begin to think that you are some kind of genius. Greed also starts to kick in and you begin to think that making 100M per year isn't enough. You have to make several billions per year. The sky is the limit. So you begin doing illegal stuff and you sacrifice morals in order to make even more money. Eventually you get caught and you end up in jail. Those crypto CEOs are basically following the same path towards failure.
391  Economy / Gambling discussion / Re: Know when to ride and stop! on: December 26, 2023, 07:09:18 AM
Don’t increase your bet when you are losing because it will just amplify your loss immediately once you are in bad streak. Always test the water before you increase your bet.  Wink
Assuming I have $20 to be used to bet for the week. I want to go for 3 rounds. Anytime I win, I will stop gambling for the day. I go for a 3 odd game.

For 3 odd games
I bet $5
If I lose, I will bet $10
If I lose I will bet $20

This is called martingale which we all know and can be used to win. Anytime I win, I will stop playing. If I lost three 3 times, I lost for the week, but the chance that I will lose three time is very small. All losses after a single winning would be recovered and there would be more profit.

The disadvantages are that you will not be able to stay long to gamble and also if you lost more, the higer the losses in the next round. It takes discipline and responsible gambling.

Why do you think that the chance of losing three times in a row is very small? I remember playing low IQ games like slots, crash, dice and I had such "three times in a row" loses. That's why I stopped playing those low IQ(and probably rigged) gambling games.
If the game results are completely random, there's no way to predict such patterns as "losing three times in a row" or "winning three times in a row". If you manage to win 1000K via one bet, the chances of winning or losing the second bet remain completely random. What makes the
difference is the bet amount.
Such advice as "just stop gambling, after you win big, bro" is the dumbest advice ever. Many gamblers simply can't stop, when they start winning and that's their fault.
392  Bitcoin / Bitcoin Discussion / Re: Solution to high rates? Maybe not, but it's an idea... on: December 26, 2023, 06:37:29 AM
I'm not an expert in BTC blockchain, but I think that your idea doesn't make any sense.
Why separating 10% of the block, since we know that this 10% can still be congested with spam transactions?
My dumb idea about this would be to simply ban all small transactions on the blockchain. What's the point of moving 1 USD or 5 USD worth of BTC here and there? Bitcoin is meant to be "digital gold", so such small transactions don't make any sense. Ban all transactions below 100 USD and blockchain will be free of the spam. A true "digital gold" is being transacted only in big or medium amounts.
I know that this idea might sound stupid and a lot of Bitcoiners won't agree, but I can't see any other solutions(yes, removing the Ordinals is still an option, but sooner or later, the blockchain will get congested again).
If you want to send small amounts, just use altcoins.
393  Economy / Scam Accusations / Re: Is WinTomato casino SCAM? on: December 25, 2023, 11:57:45 AM
I got one referral on WinTomato ,referral comission dropped in pending referral comissionm about 60% so more then 60% of my referral comission dissapear and I go to unclaimed referral comission balance 60% smaller amount LOL.Also I got 2nd referral and I got 0 points at Referrals betting level group.In FAQ from WinTomato it doesnt write any rules about how much minimum bet should be from referral to get points to get bigger level for faster betting on dice.

WinTomato started to look like for me like some kinda of Ponzi Scheme.I wish that I am wrong  Cry


I'm not an expert in this field, but in most cases the casinos state in their Terms of Service that they could change the commission levels and structure and the conditions of their affiliate/referral programs anytime they want. Participating in a referral or affiliate program means that you rely on the mercy of the casino to get your hard earned commissions. If the casino decides not to pay your commissions(or decides to lower your commissions), there's nothing you can do. That's why I think that most referral programs are a waste of time. You are making more money for the casino(by getting them new customers) and receiving peanuts as a commission.
I can't tell if Wintomato is a scam casino or not. I don't have any experience with them.
394  Economy / Economics / Re: Blockchain fiat Currency on: December 25, 2023, 11:21:36 AM
I have a very serious question to ask Europe and pretty much the rest of the world have a stable financial system that works well for themselves but a lot of other countries especially in Asia and Africa don't have a stable financial system due to mismanagement and corruption I wanted to ask would it be possible to make a financial system in such a way that all monetary transactions took place on the Blockchain with the introduction of a stable fiat currency that runs on the Blockchain and is backed by tangible metals and raw materials like gold,oil,land but such a currency would be available to the entire continent and would be run on the Blockchain mind me it depends on if people use it but it would be their choice let's say the stable fiat currency has more value than the local currency and the local currency could be easily exchanged for the stable fiat currency I think people might adopt it but I would like to know the pros and cons

Would you mind telling us how the "tangible metals and raw materials like gold, oil, land" will be "uploaded" on such fiat blockchain? Grin
Who is going to guarantee that the reserve of physical assets, which is going to be used to back the currency won't be stolen by corrupt politicians and African military leaders?
There's plenty of altcoins with a decent supply and low transaction fees. Why don't the people in Africa and Asia adopt these altcoins and use them as a replacement of their local currencies? The answer is simple. Their governments won't allow them to do such thing.


395  Economy / Gambling discussion / Re: Should mentally unstable people be allowed to gamble? on: December 25, 2023, 07:48:46 AM
Recently I was around a physical bet shop close to my area and I observed a man who was shabbily dressed walking in the gambling house. I got into the place to observe what his intentions were. He walked straight to the gaming attendant, placed his bets in a highly coordinated manner and quietly walked out of the physical gambling house. From the way he was well organized, you will never know that he was mentally unsound apart from his dirty clothes and unkept hair and beard.

When I inquired from the attendant, she said he was a regular customer and that he usually raised money for gambling through the manual jobs he does around the area. She also told me that he has never misbehaved and acted violently in the gambling house so she was comfortable with him.

My question now is are there any moral, ethical or legal obligation to bar a person from gambling after physically observing that he is mentally unstable?

Who can decide which man(or woman) is mentally unstable and which one is mentally stable? I guess that if a man(or woman) has a socially unacceptable behavior, he(or she) can be considered mentally ill.
The casino employees aren't licensed psychic doctors, so they can't decide who is mentally sick and who is OK. I'm sure that if a guy starts acting weird, they will kick him out of the casino.
The man is your story acted completely normal(even though he probably looked like a homeless person). He might be mentally OK. Who are you to judge people based on their clothes and physical appearance. Many people don't care about their looks, but they are completely normal.
396  Bitcoin / Bitcoin Discussion / Re: Innovative Perspective: Building New Type of NFTs Through Bitcoin Pledging on: December 25, 2023, 07:15:17 AM
I don't get you idea. Pledging a certain amount of BTC to an NFT doesn't solve anything.
The NFT market was a scam fest for the dumb people(and still is). Paying 1K for a shitty image and hoping that the price of the shitty image will become 10K or 100K after several days, weeks or months. No, thanks. The NFT world doesn't have Picasso, Mone, Van Gogh and all those famous painters, who's art became extremely expensive after they died. The NFT world produced a bunch of ridiculous lazy pictures, created by mediocre graphic designers for quick money. Even AI tools like Midjourney and Leonardo AI can create better looking images.
Your idea doesn't solve the real problems of the NFT markets. The real problems are the lack of artistic value and the idea that you actually "own" those shitty NFT images.
397  Economy / Speculation / Re: Fear of December dump is fading away - for Bitcoin on: December 24, 2023, 12:07:21 PM
As you might see in my previous posts and responses I have always considered the send half of December as a bad time for crypto because we had seen most of the bearish market starts from the end of December but this year it has been different as we have not seen any sign of bearish market till date though there has been minor fluctuations in the price of Bitcoin but it has not been more than 10% drop in Bitcoin.

 I think we may not see any bear market this time due to the upcoming events like Bitcoin Halving & possible Spot Bitcoin ETF approval has leveraged enough investments flowing in and creating more demand which may subdue any larger price correction which could have occurred.

What's your opinion on current Bitcoin trend, will it continue the same way or we will go through the December nightmare once again?

There's no such thing as a "December nightmare" for Bitcoin. The past performances of the BTC price don't matter. The past is over and we can't use it to make a proper analysis. December 2018 has nothing to do with December 2021 or December 2023. The conditions on the cryptocurrency markets were totally on December 2019 in comparison to December 2023.
I expect a decent price drop at the end of January or somewhere around February(if the Bitcoin Spot ETF gets rejected, the price drop will definitely come right after the SEC decision). I don't expect a bull run during the first half of 2024. The Bitcoin ETF will have a short term impact over the price.
398  Economy / Economics / Re: Why the us dollar might crash significantly on: December 24, 2023, 11:35:59 AM
As joe Biden administration is planning to sieze the Russian central bank asset worth 300B us dollar to fund the war in Ukraine, it may sound logical but it is a move that will not only distabilize the world financial system, but it will also make almost all none western countries around the world to shift away from the dollar, euros currencies as foreign reserves, because no body will see such an event taking place and not taking actions to preserve it asset.
This to me is a very wrong move that will kill the trust that existed between the west and global south.
Major countries around the world will definitely interpret it this way, today it's Russia, tomorrow it will be us, and that action will crash the value of dollar and euros around the world.
https://www.businessinsider.com/us-eyes-using-300-russia-frozen-assets-help-ukraine-backfire-2023-12

1. Most the assets of the Russian central bank are in Europe, so I don't think that Joe Biden has a major role in the decision about whether or not to confiscate the assets.
2.The European politicians and bankers aren't dumb. They know the consequences of such decision, so the European authorities are trying to come up with legal justification of such confiscation. Confiscating the assets without a proper judicial justification means stealing.
The best decision would be to use the blocked Russian assets to payout the Russian government debt, which is owned by western creditors. Many banks and investment funds used to own Russian government bonds, but Russia failed to pay interest rates, because it was banned from the SWFT system. Such solution would be way better than "confiscate the assets and give them to Ukraine".
399  Economy / Gambling discussion / Re: What I've learned so far as a gambler on: December 24, 2023, 08:35:13 AM
No one actually visits the casino to have fun

How about people that will have $200 to have fun and using just like $0.1 on every game so that the time they are gambling can be prolonged?
  Did you know that some people will use the whole $200 at ones and see if they win or not.

The best approach that I have thought of is to use not more than your gambling budget but with the mindset that all can be lost as long as you can afford to lose it. But after winning, it is good to just quite for the day and not have the fun again.

The greed eventually starts to kick in and those people start raising their bets. Gambling with really small bets gets boring after a while.
I know this from personal experience and I'm a very moderate gambler.
Some gamblers start chasing loses while others start chasing bigger profits. Both options are totally wrong. The longer you stay at the casino, the bigger the chance to lose more and more money. I'm not criticizing gambling in general. Everyone is free to waste his money however he wants.
In my country, if you get into an offline casino and you accidentally win 10K, the casino owner will bring some thugs and they will kick you out of the casino without paying you any profits. Grin That's why I don't want to visit any offline casinos. Most of them are probably owned by mobsters.
400  Bitcoin / Bitcoin Discussion / Re: Why Bitcoin is the #1 crypto currency in the world if it's slow and expensive? on: December 24, 2023, 07:55:19 AM
Yes, it's the first coin ever created, but it's slow and expensive (unless you're using the lightning network which most people and businesses don't).

How come Ripple which is the cheapest and one of the fastest ones - failed investors since 2018 and never reached back to the all time high of $3ish and those who believed in Ripple got 0 yields and a slap in the face, and yet this slow & expensive currency is the holy grail everyone is talking about?


Bitcoin is secure and reliable(by reliable I don't mean having a stable price). Some people are willing to pay an extra for more security and reliability. Ripple might have low transaction fees and faster transaction speed, but it's basically a centralized shitcoin. By having ripple coins, you rely on the mercy of the Ripple owners and developers. Yes, we all hate the fact that the BTC blockchain gets congested and the transaction fees go thru the roof, but there's no way around. Bitcoin will always be "digital gold" rather than a fully functional currency.
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