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381  Economy / Scam Accusations / Re: Jackbit.com casino holding my funds and refuse to provide the reason on: February 11, 2023, 10:50:05 AM
They are shady. I have been through it as well. Jackbit is owned by Rykers, and so is Freshbet. I had an account at freshbet before and they gave me the exakt same BS that they are giving OP.

They held my account on hold for 2 months, but when I submitted a complaint at Askgamblers they cashed out.

In this world of sports betting, if you are good at what you're doing it's enough to be called a fraud and suspicious.

Maybe this is a way to deal with them? OP should try that.

If they have 6 months written in their T&C, there's not much you can do. It's not a scam as long as they return the funds after 6 months. It's how those "legit" cloud mining sites were operating by giving you your money back if you wanted it but without any profit on top of it and it took months before you found out that your contracts aren't going to make you any money. You couldn't call them a scam because they had it all in their T&C and were returning the money at request. They were making money by mining with hardware bought for money deposited by you.

If I were a Jackbit representative I'd try to expedite things so that the least people possible get to know about this situation. It would be a waste of time and money to advertise on a forum where you have open scam accusations. Either accuse the player of something or return the money.


382  Economy / Services / Re: [CFNP] Coinplay Crypto Sportsbook & Casino Signature Camp. |Up to 80 $BTC Reward on: February 10, 2023, 10:51:30 PM
New signature online Cool
383  Economy / Trading Discussion / Re: If you could use only 1 Tool/Indicator for the rest of your life? which one? on: February 08, 2023, 03:47:58 PM
For bitcoin?

All you need to know is dates of halvings and watch moving averages although this bear market bitcoin went below the supporting 200 WMA for the first time and remains there so maybe MAs are also a bad indicator.

All those bullshits like a cup and handle, death crosses and such are a waste of time and effort. I remember how in 2018 and 2019 people were always wrong with these things. They'd say that there's a cross coming on 4h chart and it didn't do anything because how many people watch only 4h and decide what to do based on that?
Or people were saying there's a double bottom and there was a third bottom coming.
384  Economy / Economics / Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence. on: February 08, 2023, 03:11:29 PM

I remember the stories from my grandfather who used to tell me that he got paid weekly. Every Friday he received his paycheck in cash and when he was younger before meeting my grandmother, it was really hard to not spend all his money in a few days. It was a different time back then and only after my grandmother took over managing all the family finances, they started saving money. Today it's very different in my country, all the people I know are getting paid monthly and getting paid in cash is very uncommon. That's why I have never thought about getting money each week. If I had to choose I would probably stick to my monthly paycheck. Its better to plan each month ahead and use a fixed percentage to save. All the bills I habe to pay are either monthly or quarterly. That's why it's best to pay the bills when the money gets in. This way I make sure that there I don't spend too much money on unnecessary things.

I have a totally opposite view.

Money is debt. When you don't pay a bill on time, you are being charged for it. Notice how every single company will add money to your bill if you're late with payment.
The same can be said about your employer. If he pays you monthly it benefits him not you. He can do whatever he likes with the money throughout the month and you don't have it.

Weekly or even daily payments are the best because in case of emergency you always have the money and know if you're out it's coming in a day or two. You don't have to negotiate anything and you don't have to worry if that end of the month payment will be on time.
385  Bitcoin / Bitcoin Discussion / Re: Craig Wright's Latest Escapade -- Give me the bitcoins I stole from Mt. Gox! on: February 08, 2023, 02:59:12 PM
2. There are about 110,000 coins at those two addresses, and the BSV is worth about $20 million. He might be laying the legal (and moral) groundwork to justify confiscation of the BSV from those two addresses. That is something that he probably could pull off.


This raises an interesting question. Why should people hold BSV? If Craig gets BSV somehow extracted from those coins he'll dump it on the market to pay his legal fees and all that. We all know he's broke or nearly broke and probably wouldn't have money to start new court cases if not for his millionaire friends.

Holding BSV is very risky when you know that the guy who runs the show is emotionally unstable and out of money.
386  Economy / Trading Discussion / Re: Time to buy or sell? on: February 07, 2023, 01:22:10 PM
Trading formations work only half of the time. If you watch some of the youtube guys they always come up with a pattern after it confirms and when they come up with a pattern before the confirmation it's a shot in the dark. When it doesn't work they even delete the videos or change them so it looks like they were more consistent and leave only videos that confirmed.

Go to 12 h chart on bitcoin between June and September 2022 and you'll find a perfect example of rising waves pattern which in your link is bullish and ends with a buy signal but in bitcoin it crashed down.

I don't trade anymore but if you ask me if you should buy or sell now it means you're scared and holding bitcoin. If that makes you uncomfortable and you have a profit of more than 10% just sell and wait until you gain more confidence. Better be safe than sorry.
387  Bitcoin / Bitcoin Discussion / Re: I am stopping for legal reasons. Is it really worth the trouble? on: February 07, 2023, 01:10:12 PM
My country is not hostile but if it did become hostile and decided to ban btc I would probably have to take my losses and sell and stop using btc until it was allowed again. I will not break the law for anything. Life is worth a whole lot and keeping a investment because you are stubborn and just want to profit more is not a option when it would make you a criminal imo. I think you are making the right choice.

I'd do the opposite. If my country decided to ban crypto I wouldn't sell it. Why should I take any losses because my government wants me to? I'm not a slave of my government, the borders are open. I'd rather sell my apartment and keep my bitcoins. They're worth more than the apartment anyway and if the government doesn't care about my financial freedoms then I have to take matters in my own hands and move somewhere else.

First they take your bitcoins, you obey, then they come and take your fiat money, because they can, then they take your land and make you a slave. I wouldn't live in a country that wants me to be poor.
388  Bitcoin / Legal / Re: Should BTC amounts greater than 10.000E be declared when leaving the country? on: February 07, 2023, 12:57:59 PM
Your example, bitcoins, is the same thing. If you're having it on your phone in an app, and not like cash in your pocket or a rolex on your wrist, you might get away with it. But if it's on a well-known easy to spot hardware wallet and within your bag that gets scanned - you might get in to trouble. It's not properly regulated and depends on your risk appetite.

I'd argue that it isn't the same. A wallet is a container. It can be empty, or carry $1000, or $10 million. Many hardware wallets don't display the amount that they contain. You have to connect it to an app and unlock it to see the contents.

The TSA don't have the means and time to check the contents of a wallet. I don't see a way you could get in trouble over a hardware wallet.

What about a metal hardware wallet that contains your private key or seed words? Do you think that when they see a metal piece with some random letters and numbers they're going to take it from you because you could be smuggling money on it?

You can hide bitcoin in every electronic device including drones, action cameras, phones, music players, portable speakers... I have an infrared camera that can store images so it can also store a private key. It's impossible to check all of these at the airport.
389  Economy / Gambling discussion / Re: What are the origins of provably fair technology in gambling? on: February 07, 2023, 12:42:58 PM
https://crypto.stackexchange.com/questions/767/how-to-fairly-select-a-random-number-for-a-game-without-trusting-a-third-party
This is one of the first discussion about provably fair I was able to find. It's from September 2011. That should answer the question about the origins. I guess it came naturally as gambling sites wanted to have a proof of their transparency.


even though it uses fair technology but sometimes the house will always win, it's been a question mark until now, I also don't care that they use this technology basically when playing I just have to control myself in playing wisely and seek luck in every game  Grin

First of all, sometimes and always don't go along well. It's either this or that.
Then we can address another problem which is that your whole post is incoherent and makes no sense. Stake is paying for that crap? Really?

I don't even understand exactly what you are saying but I tried to think of if you are making a bunch of the technology used in gambling but I found it very difficult to the code exactly what you are saying I don't so for me it is difficult for me to decode everything for now

I thought that post was bad, but the more I read the responses in this thread it keeps getting worse...
390  Economy / Trading Discussion / Re: Best trading method in terms of accuracy for day trading? on: February 06, 2023, 09:03:27 PM
Years ago when I started my crypto journey I used to rely on moving averages, general market sentiment and support levels to form a channel.

Bitcoin often remains in a channel for a while and you can make some money by selling at the top of the channel and buying at the bottom. This doesn't give you a lot of profit as the bear market channel for bitcoin was only $300 apart so by trading 1 bitcoin you were able to make about $300 every week.

For me it was too risky to hold $20000 on exchange just to make 1000 a month which is why I don't trade anymore.


391  Economy / Trading Discussion / Re: Bitcoin - take profits or continue to DCA? on: February 06, 2023, 08:48:52 PM
A 6x is good if you have thousands of pounds to invest , but I do not.

Be a realist. You don't have money but want to make large profit from nothing.

Quote
I want 20x gains and feel this is more realistic in top altcoins that are currently 80-90% down.
10x gains are not enough but you're ready to take a few % in profit? You're being chaotic in this.

Quote
Is anyone taking profits or are most of us just DCA?

I'm all about DCA. I don't care about 10% profits when bitcoin is down 60%. For me profits worth taking start above the last all time high. I can wait.

You do what you want but we are still in a bear market. You barely made any profit and you feel like it's time to bail. I'd at least wait for 2024 halving before I make a decision.
392  Other / Beginners & Help / Re: How to be a successful trader? on: February 06, 2023, 08:39:31 PM
But I am not able to trade because I don't have enough knowledge about trading.

Then learn from books, read what people on trading platforms like tradingview have to say, see if they're good with their predictions and try to copy their ideas.
Quote
I have no idea how much money is needed to trade or what coins I can currently profit from trading.

There's no minimum or maximum. Just note that you will maybe earn 5% on a trade so if you start with $100 that's going to be $5.


There's a number of gambling methods. Some people play with leverage but I recommend you don't go over x3 as this is the fastest way to lose it all.
Remember that the market is heavily manipulated and you will probably lose more money nhan you'd gain by holding your coins.
393  Economy / Speculation / Re: Enough? on: February 05, 2023, 07:28:25 PM
Pointless question without knowing cost of living in your region, your lifestyle preferences, family status and other needs. 0.1 BTC is nothing in the rich Western countries and a treasure in poor developing countries. 0.1 BTC is not enough if you have 10 children, but can sustain you for a long time if you are single and have no kids. Rent is usually one of the biggest points of spendings, so if you already have a house, you will need less money.

Don't forget about his end goal for that 0.1.

If OP's plan is to hold for another 10 years that 0.1 may ultimately become something big. We'd have to know OP's end game financial target as well. 0.1 BTC could be more than enough for a teenager whose plan is to buy a motorcycle and travel the country when he finishes school. It wouldn't be enough for someone who wants to travel around the world with this money.

What is the price that you're aiming for OP? I won't touch my coins at least until we go beyond 100 thousand dollars. Anyting below 50 000 is a bargain for me and I'm buying. I have more than 0.1 because I live in Europe, where small house can cost you over $150 000.
394  Economy / Gambling discussion / Re: High Roller Tailing on: February 05, 2023, 07:14:43 PM
I did this for a while and looked at the odds before I bet any money because that's how I would be successful in this type of betting strategy. I didn't continue because I had to use the money I was betting currently.

You have to be aware and never bet too much money that you will regret losing. Those high rollers betting probably have a lot of money to bankroll their whole gambling career. That's why they probably bet like that.

Make the decisions for them, but you should know the amount willing to lose every bet.


Betting with the high rollers is assuming that people who have a lot of money made these money gambling or that people who bet a lot are smart and know how to do it. Being a high roller doesn't show who the person is, how smart, how good at gambling. You'd need access to their lifetime stats to know that. Many people bet a 100 every day and they don't care if they lose because they another 500 a day and that's more than enough for them.

I don't follow anyone when I gamble. The only good thing about following others is that if you lose you can always say that a high roller lost more because he bet 10 thousand and you bet only 100 on the same thing.
395  Bitcoin / Bitcoin Discussion / Re: Chainanalysis: s brief report about crypto laundering on: February 05, 2023, 07:02:34 PM
Gov should understand that due to transparent nature crypto is not the best option for laundering

By laundering they probably also mean mixing stolen funds.

When a hacker steals from an exchange the coins are mixed again and again and divided into multiple wallets that eventually get accessed from a third world country and even when the wallet gets traced they won't know who took the money out. A hacker pays money mules to get cash out of ATMs or sells mixed coins on decentralized exchanges. Sometimes coins are exchanges into gift cards and other things and then sold on the black market mixed with legit gift cards paid with fiat money.

Laundering works if you do it right. It's not the best way to legitimize billions of dollars but for smaller numbers it can work.
396  Other / Beginners & Help / Re: Help I want to import seed into new wallet on: February 05, 2023, 06:47:59 PM
You're right to be scared. Many third party programs can spy on you. If you're planning to use a phone for storing money better keep it as clean as possible and avoid Chinese brands. To be honest, I wouldn't hold a lot of money on a phone, regardless of a brand. A good rule of thumb is to spend 1% of your money on securing the rest. If you're holding $1000 it doesn't really matter if it's a phone or desktop but if it's 100 000 you better have some security and good habits when it comes to browsing and downloading stuff.

Did you install a third-party keyboard?

Didn't you read his first post? Yes, he did.
397  Economy / Speculation / Re: My fear in fall of Bitcoin. on: February 04, 2023, 07:53:32 PM
OP wrote this and despite many comments and questions doesn't care to add anything. It looks like this was nothing more than a pointless rant.

  Cause Bitcoin is determined by the number of people in the digital market. Just like the higher the number of people that purchase Bitcoin the lower it's price and for it price to go higher it requires some Bitcoin investors, traders and miner's to withdraw some percentage of their Bitcoin.

? ? ? What. I think the only part I understood was the first half of the second sentence. How does more people buying bitcoin lower the price? That's literally the opposite of what should happen in theory.

Exactly. The higher the price the more of the retail comes in thinking they can catch a fast 10 or 20% and sell. When the price is low more and more people sell out of fear of complete failure.

OP, ask yourself why would it fail? There's nothing wrong with it, but there's everything wrong with the fiat system.
398  Economy / Gambling discussion / Re: Online Casinos Want you to Gamble Responsibly on: February 04, 2023, 07:25:12 PM
I don't believe online casinos enjoy seeing a gambler lose money. I'd like to believe that they only want responsible gamblers to patronize them.

You believe right Smiley

There are two possibly best outcomes for a casino.
- A player stays at 50% win rate and keeps coming back and playing on regular basis. The casino earns its fee, has a high online count, the gambler is happy because he loses one day but comes back and wins it all back the next time. The player leaves positive reviews, maybe invites others to play.
-A player wins, comes back with a lot of money and loses it all fast. The casino earns in a single day more than that player would be able to bring in fees and entries in a few years.

They can be happy with a gambler who loses and never comes back as long as it's a lot of money. Each player has a value to the business and you can bring that value in 5 years or in 1 day.
399  Economy / Trading Discussion / Re: Why I will never trust top exchanges on: February 04, 2023, 07:12:32 PM
Don't trust them, yeah, but if you were to somehow trust a centralized exchange at some point, you better give that trust to a more popular rather than to an unknown exchange.

It's always easy for these centralized exchanges to meddle with the users funds because the users themselves all agreed to the terms and conditions set by these platforms. If you could remember the terms and conditions of the bankrupt Celsius, it was like you give them your money as soon as you made the deposit. Users all agreed to that ridiculous term.

That's true it's better to use a big exchange that jumps all the hoops to get licenses and approvals like Coinbase than use a small exchange with low volume and no audits, but if you have a choice in the matter you should not trade at all.

I always say that trading is just too risky because you're putting all your money on the line to earn that 5 or 10% from trading. If they decide you're a criminal or your coins were mixed with stolen ones and ban you what are you going to do? There are other ways to exchange your coins than the ones centralized exchanges offer.
400  Economy / Gambling discussion / Re: What is your earliest Gambling Story? on: February 03, 2023, 10:18:27 PM
My gambling story is simple as the childhood. During my school days we used to say, if particular team wins I'll give you something. If not he need to give me something, and I don't know the brief meaning of bet. We used to have fun and then it was into online casinos. Particularly into tennis matches and cricket.

That's how many teenagers start with gambling. They bet on sports teams or when a fight is about to break out at school they bet on one of the fighters.

We do it naturally because it makes the match more exciting. We look for adrenaline in everything we do and betting money gives that adrenaline.

For me my first bets were slot machines at a nearby bar. I was officially too young to play but nobody cared. I also liked those coin shaking machines where you could throw a coin and make more coins fall down.
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