Hi guys, as you know some casino/bookmakers offer "player protection" giving ability to set up a stop loss limits. What happens if a player lose more of this limit and continue to gamble despite any "protection"?
Hmm this is interesting. Do you know any gambling websites that offer such "player protection" if they incur too much loss? To be completely honest, this is a good step towards helping gamblers in an online gambling website by providing limits. Though a person may bypass or find ways on how to circumvent this kind of limitation, providing safety features such as this one may definitely help and at least support online gambling addiction as a whole. I think people should stop relying on these features.
I mean it is great for those people that can't really stop themselves from burning their money on online casinos but if you really wanted to change, if you wanted to stop your addiction or even your betting as your habit, you need to do that yourself. And I think it would be annoying for those big bettors to activate this feature? I don't know especially if that limit of that player protection is low.
For what I understood, it is not that these people rely on these features but it is automatic upon the gambling website. I do hope that the gambling website that has this feature also solved the issue on big bettors.
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What happened: PLAGIARIZED CONTENTS 11 days old Created on 2020-11-09 Expires on 2021-11-09 Updated on 2020-11-14
FLAG: https://bitcointalk.org/index.php?action=trust;flag=2478READ: Contents of the ANN were copied and plagiarized from two (2) sources, namely: dyp.finance and dify.finance. While I do understand that there may be DeFi-related projects with almost the same contents, copying and only altering the name constitute plagiarism. Also, I do have some serious doubts as to the identity of one of their members, namely AMELIA BRIGGS as it may be computer generated (hopefully you guys can check it). I highly suggest that you avoid dealing with this user. In addition, the user did not answer to my allegation as his last online was on November 17, 2020. Copied contents:
.... might be computer generated but I am not 100% sure.
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To be honest, whenever I see a YFI-DeFi project being posted on the ANN board, I already assume that such project is either a fake or a scam project.
These people do not exert any effort at all to fix their website, provide all the necessary information about the project, or even post pictures of their team members. I actually confronted one ANN of a DeFi-related project alleging that its contents were plagiarized from two(2) sources but I am still waiting for his reply to my allegation. Nevertheless, I will support the flag and tag the user, Rikaflip. As always, thank you very much for your hard work.
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Hmm it depends but I would definitely consider BTCs as a payment if I were to own a business. The problem, though, would be the transaction fees as this might either make or break this payment method. In addition, the prices of your products would very much fluctuate due to the volatile nature of bitcoin as a decentralized currency. But like what others mentioned, the more you add alternative methods for your business, the better it is in the consumer's perspective. We are not living in a society where cryptocurrency is widely used to pay the bills. If anyone wants to use cash and anyone wants to use cryptocurrency as cashless then both will be considered for me as a customer and I have to give them my service with utmost priority. If the store owner is me, then I must set using both methods to pay. But I can't assure others thinking in this type of perspective.
You do have a point. Though other countries may prohibit bitcoin as a payment method, some other countries lax their rules into cryptocurrencies as a whole creating a division among these countries. But a decentralized currency cannot be detected, thus having to purchase via bitcoin in a country which prohibits such may be difficult to trace.
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The good news about the COVID-19 vaccine that has proven to be effective has quite an effect on the Bitcoin price which immediately rises to above $ 17,000. Hopefully it can be distributed throughout the world soon, even though it is not 100% effective, at least there is a hope that the pandemic can be stopped from spreading. Everyone wants to live a normal life again, because we are all tired of facing the COVID-19 pandemic.
When these vaccines are distributed over the countries, this will not only boost the employment rate but also the economy of the countries as a whole. When the COVID-19 pandemic hit, lots of businesses, mainly on the service sector, closed permanently which significantly affected almost everything. With the recent discovery and creation of the vaccine, this will definitely boost the economy and start the machinery of business operations again. With that in mind, this may bring a positive effect into the cryptocurrency sphere as well since more people would be inclined to start investing their resources again.
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I have been thinking of an insurance service for gamblers, in which they were supposed to pay regular premiums. And while placing bets can get back at least a small amount back if the lost amount is a huge one. Myself too haven't come across such services. What you people think of an insurance for gambling.
I don't think so and no insurance would ever cover for gambling losses. Gambling, in general, is a game of chance that rely on betting on certain games or services that either yields a favorable or an unfavorable result. In addition, one is never compelled to gamble in the first place as it is a personal decision of the person. Any loss incurred cannot be shouldered by any insurance as it will definitely and completely result to people taking advantage of it in the first place. If you are suffering from gambling addiction, I highly advise to seek help from your peers and family members. Never be ashamed to tell your addiction as they are the ones who can support you in this temporary stage.
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Sending you my last merit because of your impressive work, OP! Again, ponzi schemes with their ridiculously and unrealistically high rates offered in short returns. I really do hope that merit sources visit this board often as lots of scam busters (such as you) are doing tremendous efforts reporting fake projects. To be honest, I am actually amazed that there has been a significant drop of plagiarized projects and fake team members on the ANN board currently. I do hope that merit sources visit this board often so they can distribute the merits here for deserving users such as you.
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There are two (2) bitcoin books that I highly recommend, namely: - Blockchain Revolution, authored by Don Tapscott and Alex Tapscott; and
- Mastering Bitcoin, authored by Andreas M. Antonopoulos.
The reason on why I suggest these books is that they both explained detailedly the technical terms and processes employed in the blockchain technology. Both books also explained in the simplest way possible for a person to understand without getting confused. Let me just add, allot time to read these books and commit yourself to allocate time to understand and comprehend it.
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Its beneficial to hold bitcoin and always whenever you get a chance to buy during the dips never stay behind, because in the end when you have bought at lower prices and take average you end up making money during such bull run and then book your profits easily. Also, those who are for long term can continue to hold as it can reach to new highs easily it seems now.
I think this is also an opportunity for the people who purchased BTCs way back last December 2017 when its price also reached almost $20,000 for them to re-acquire and to regain their loss (assuming they kept their BTCs until now.) To be honest, I am on the fence on what to do with my BTCs, either to convert them to cash or to save them. Following the trend that happened last December 15, 2017, its price reached around $19,000 but after a week, the price significantly dropped to around $15,000. What do you guys think? Will this year follow the same trend that happened three (3) years ago?
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I actually read your thread about this so called "Certificate of Incorporation" and to be honest, I also thought that such document is essential to prove the genuineness of a project. Meaning, when they showed in their website the certificate, I though that the project was genuine. As someone who got fooled by such document, a newbie with a blind eye may easily get scammed by such document especially that it really looks like it provides solid proof.
Lots of ponzi projects have been resurfacing lately especially with the around 300% increase on its price this quarter of the year. Nonetheless, good job Rika! I will support the flag and tag the user.
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Hi upon checking the contents of your website, parts of it were copied from two (2) sources. Although I understand that there are numerous DeFi related projects in the market, copying its contents and altering only the names constitute plagiarism. In addition, why are the other core members of the project do not have their picture? I am also skeptical and doubtful about the identity of Amelia Briggs. Kindly check the reference below, thanks. REFERENCE:
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Good find, OP! It is so appalling that scammers are exhausting every opportunity just to take advantage of newbies who are unaware of such doubler site. If a person overlooks and does not realize the doubler, he/she could lose a ton of money. Like what I have previously mentioned into other topics under this board, keep reporting this type of scam even if they do not exist in the forum as visitors might encounter this post as well. Another Doubler scam. The number of such scam websites increases when the market is in up trend. Because when the market is up trend, everyone is busy looking for different ways to invest, and scammers take advantage of this busyness of investors and scam their money and leave the market. Now this scam posts less in the forum, because the scammers get caught when they post. So they are now looking for different ways to promote their website.
I am actually surprised that a number of plagiarized WPs and fake team members in the ANN board have decreased overtime. Now, they are evolving and looking for alternatives to take advantage of people. The best example is this one- a doubler site.
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Good work, OP!
Those rates provided are just ridiculously and unrealistically high. Given that there is also a minimum deposit required, all of the requisites of a ponzi scheme are met. Let me just reiterate, it is definitely essential to post these accusations since lots of people who are not members of the forum visit it. If they happen to visit this board and see that a project has an ongoing accusation, it may save at least 1 person from becoming a victim.
Continue your good work and I will support it.
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we know if a country experiences a natural disaster, the economy will be temporarily paralyzed. because of the many damaged road access and also damaged buildings which caused the economic collapse and of course that made the country's economy go down. my question is, does it have a big effect on crypto state? we know that there is no need for a way to go, and a wide place for incapacity. but when a disaster occurs, it is likely that the signal will be lost and difficult to access. and if the recovery process takes place long after the disaster, how is the condition of Kripro that might occur?
I will be very happy with your opinion
Of course there is but if such fortuitous event happens, cryptocurrencies would be the least of my problems. Any calamity that affects the country as a whole has a detrimental effect on the economy as a whole. Businesses are down, services are unavailable and unemployment rates would rise. The government needs to have a solution in order to counter and outweigh the negative effects. In the same essence, cryptocurrencies would also decrease on its value due to the fact that people have the fear of spending their money on investments.
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This may be personal, but my love for bitcoin stems on the opportunity that I can provide to my family.
As someone who lives in a third-world country and lives with a single dad with a family of four (me, being the eldest), the income is relatively divided and allocated to my brothers. Since they are younger, the priorities are shifted to their educational needs.
When I discovered bitcoin last 2017, the proceeds that I received from campaign signatures significantly helped and at least alleviated my situation as I used them mainly to purchase books for college. Since I chose a degree that is related to law (legal management), I still use the same books for my law school currently. In this way, I indirectly helped my father to mitigate the expenses as I always tell him that my brothers are the top priority and that he does not need to worry about me.
I understand that people highly advise to avoid spending their BTCs as it has the potential to double or triple its price in the incoming future but the needs of my family outweigh the potential benefit of it.
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Oh that is true! Gamblers lose more money in the process especially if you continue this habit in the long-term.
What I usually mention in similar threads like these is the so called "gambler's illusion." This usually starts when a person gambles and he suffered a loss. After experiencing such loss, the person will attempt to recover his losses thru gambling again his resources. He will not stop until he recovers or if he has exhaust all of his money. If, in the event that he recovered his losses, he will MOST likely gamble again and then the cycle continues from there.
I just hope that people who gamble have the discipline and self-control regardless of their result in the casino. Money is indeed tempting but it has the potential of destroying your lives completely if you get blinded with such fact.
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I won't call it as an excuse- but as a necessity on their part. Printing money would bring tremendous inflation in the country and the economy will speak for itself. Since most services and businesses are down, the government needs to implement a way to increase cash flow and liquidity- thus, printing money. But this must be control in a level that will not detriment the economy which can result to hyperinflation. I don't see it as an excuse because this will have a adverse effects on the economy for a long time. I don't think any government want anything that will downturn it economic performance in any way.
The goal of the government especially in the pandemic is to increase cashflow and liquidity due to inactivity caused by closure of businesses. There are several methods of increasing cashflow but printing money would only cause hyperinflation if not properly monitored.
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