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3941  Economy / Gambling discussion / Re: Why is it so hard to win at gambling? on: June 18, 2022, 05:37:38 PM
Now let's not prolong this conversation; what if one of your family (Father, Mother, Brother-Sister, or Wife) or relative (Uncle, Auntie) is addicted to gambling or becomes addicted? What do you do? Here is my answer as follows,

- Don't feel guilty

- Never ever blame yourself for their Addiction
That is a very sad situation to face when addiction hits someone you love too much. All we can do is to offer active support in order to help them overcome this personal challenge on their lives. Of course it demands a lot of patience, time, effort and money to help someone completely out of what we consider a normal behavior due to addiction, but that is the right thing to do, since we can't abandon people on their difficult moments, otherwise the addiction can get worse and then only God knows where it can lead them to. Moreover, I think we can't feel guilty for others' mistakes and weaknesses, unless we have contributed for them reaching to that point due to our negative impact on their lives, what does happen in the relationship between parents and children.
3942  Alternate cryptocurrencies / Altcoin Discussion / Re: Smart decision I made toward the end of the bull run on: June 16, 2022, 09:33:58 PM
I converted all all my altcoins to btc and eth and solona and stop listen to youtubers.
The youtubers can ruin your life. make your own decision and you will be fine.
This is relevant for me.
Those youtubers do not really know anything about the markets and most of the time they are just being paid to promote a coin or they have invested in that coin themselves, and they are promoting it in order to create a pump and dump on their own.

So with this in mind it is a bad idea to listen to them when they do not have our best interests at heart at all, also it would not surprise me if in the future the authorities begin to investigate those youtubers, as what many of them is doing can be considered illegal or at best irresponsible since the majority do not have any credentials which allows them to give such advice.
Youtubers make their income through adsense and sponsorship, so they aren't really concerned if their advices will work for real when applied on practice by their public. Usually they even state at the beginning of the video informations contained there shouldn't be taken as financial advice, meaning they don't take any responsability for what they say. Thinking logically, there is no reason to take what they say in consideration then.

it's much better to pay attention to the facts and events happening in the world than paying attention to youtubers. This way you can predict the market and manage your investments much more efficiently.
3943  Economy / Gambling discussion / Re: Gambling Problem, Is it Possible to be a Thing of the Past? on: June 16, 2022, 06:28:38 PM
Quote
The only challenge to this system is that it can be easily circumvented by gambling addict by finding a foreign casino willing to allow the player to gamble. The only solution to this problem is simply by making the self-exclusion global and affecting all available casino can make the system very much harder to circumvent.

Shitty initiative and people who come up with such things have too little intelligence. It's as smart as cutting off your head to fight dandruff. To make some crappy trick for sick people "effective" you want to implement global totalitarianism so that every person and every business (casino) is under control? This is crazy nonsense.
A global mechanism to exclude problem gamblers from casinos would only work with every casinos companies in the world from every kinds and categories working under a central authority/regulator who would have access to the informations of all the people betting in the world. That means the end of non-KYC, anonymous and decentralized casinos, prejudicing most crypto casinos and its enthusiasts.
Self exclusion feature is a good thing and casinos must respect and help gamblers in difficult situation to stop playing, but at a global level it's just not feasible. What could exist is a third party service problem gamblers can hire to block the access of their devices to gambling platforms, like that feature from cable television, which allows customers to censor some channels, especially when there are children at home.
3944  Bitcoin / Bitcoin Discussion / Re: Teaching college students about Bitcoin on: June 16, 2022, 03:31:32 AM
I tried as much to erase the idea that Bitcoin was a get rich quick scheme. I made them understand that Bitcoin is a currency, but which has more great features, which prices always goes up and down, which is why its only advisable to invest a little percentage you could afford to lose in case of the unforeseen circumstances
You have accomplished a great deed and thanks to you, many of those students can now adopt bitcoin and start investing few bucks, working or doing online tasks for satoshis, although I don't know how accessible internet and mobile or desktop devices are in your area. In negative case, it can be a big obstacle for adoption and then alternatives must be elaborated to give conditions to these students and their families to have access to bitcoin on practice, since they were already introduced to it theoretically. Congratulations again for your work and I'm sure you will be recognized for your good will and effort futurely!
3945  Economy / Gambling discussion / Re: High odds or low odds, which do you prefer? on: June 16, 2022, 01:59:58 AM
In sports higher odds are more interesting if you are able to pick an underdog you know is in winning conditions. As an example we could observe the national teams which are the favorite ones, but aren't performing well recently, like England and France. Those who bet on Hungary and Croatia against each of them, respectively, made a decent profit. That was somehow predictable taking in consideration the weak gameplay of both soccer titans on their last games.

But at casino games, I think there isn't a general rule for what kind of odds are the best ones. In fact, it doesn't matter at all, since you are going to lose on long run by picking high or low odds anyway. You have to create your own strategies to apply to your gameplay to conclude which of them fits your game style.
3946  Economy / Gambling / Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest on: June 15, 2022, 11:37:46 PM
Is anyone else thinking of selling their FUN tokens now that the price is 36-37 for the sell,I mean the ones who have a large amount of FUN tokens more than 50.000 and who have bought at 21-22 Satoshi for example it is a win of 50000x15 Satoshi which equals in 750.000 Satoshis which is not that bad or do you think it is better to keep these FUN tokens and sell them if Bitcoin price falls even more so we can make like the double of this win at 1.5 million Satoshis.What do you guys think of this?At 0.015 Bitcoin win I would directly sell and buy back when the price falls meanwhile getting some small interest daily.
If you have FUN tokens above 100k, maybe you will consider selling FUN tokens at the current price, especially if you bought FUN tokens at the lowest price. But for now, I choose to continue my staking on freebitco.in because I don't have that many FUN tokens. There is still plenty of time for me to sell FUN tokens in the future. And with staking, I can increase the number of FUN tokens I have.
Personally I prefer to sell FUN once a month, as the interest is generated by locking FUN for 30 days (+10% interest), so I sell the surplus and keep the initial amount always generating new income, while having access to more benefits on the VIP program for FUN holders, the longer tokens are held. I adopted this strategy few days ago, and I'm still testing the results to see how profitable it's going to be.
3947  Economy / Gambling discussion / Re: Japanese man gambled away a huge Covid-19 relief funds mistakenly sent to him on: June 15, 2022, 11:05:23 PM
Mistakes like this are more common than you expect, and that is actually a good lesson for people who don't bother checking from where the money that reach to their accounts come from. Sometimes money arrives in our accounts and we don't know why we have received that amount and where it came from, so it's always better to ask the bank or the responsible authority what is the reason behind it, and promptly give it back, otherwise we might find ourselves in a similar situation of this man or even worse, in cases where the money comes from dirty sources controlled by criminals.
3948  Economy / Gambling discussion / Re: Bonus Abuse: Who is to Blame? on: June 15, 2022, 08:35:27 PM
Abuses are a serious issue because they reveal the casino security system isn't robust enough to work efficiently and gives gamblers a hint there might be another more serious security flaws which can potentially compromise users' funds deposited on the platform... If a hacker can steal from promotions, he can potentially invade the system and steal from the site's balance, depending the security measures currently in use on the casino, that has to be inevitably developed and upgraded frequently, since there is a constant war between defenders and invaders in online environment, as we can see since the beginning of the internet with viruses, anti-viruses and hacker attacks.
3949  Economy / Service Discussion / Re: Coinbase to Lay Off 18% of Workers on: June 14, 2022, 11:26:14 PM
Dismissals are a common thing in almost every companies of the industry during this weak market due to the volume of money and number of customers decreasing. It's not needed and profitable to keep the same number of employees to attend a reduced number of customers. In my country the same is happening and it's understandable businessmen act like this. Next bull run cycle these businesses start hiring again.
3950  Alternate cryptocurrencies / Altcoin Discussion / Re: Is Celsius in trouble ?!? on: June 14, 2022, 10:29:49 PM
Celsius is in a real mess while not revealing exactly what is happening to customers. Very little is known besides the fact they stopped withdrawls and swaps, are in serious debt issue (with only 1,5$ billion dollars on their wallets by days ago). The CEO doesn't appear on Twitter for days and all informations are coming from twitter and reddit's crypto enthusiasts. They must be acting on the backgrounds to overcome the loss and avoid a complete bankruptcy, but I don't think they are the reason why bitcoin is crashing. Bitcoin would lose value anyway these days, with or without Celsius troubles. Celsius is just suffering the consequences of bearish market and of their own mistakes by making risky moves on the market with investors' funds.
3951  Economy / Gambling / Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest on: June 14, 2022, 06:40:20 PM
~snip
Do you plan increasing the satoshi ratio per RP if btc keeps crashing?
It would be great if they consider that, more RP when BTC price goes down if we want to exchange on that time like satoshi ever-changing amount we collect on free BTC roll and in WoF one of the prize. But I think it's fixed at 1 sat:1 RP and leave it untouchable.
I remember there was a time when bitcoin was cheaper each RP priced more than 1 satoshi, although I don't remember exactly the maximum ratio it has reached. Once bitcoin became too expensive the ratio was fixed in 1:1.
3952  Bitcoin / Bitcoin Discussion / Re: Bitcoin Not a Hedge Against Inflation?? on: June 13, 2022, 11:02:02 PM
Do your analysis taking the whole bitcoin period into consideration and not only one bearish market/crashed scenario. Bitcoin is doing well against inflation on long run, that is what matters.

About the currently situation you can be sure bitcoin has total conditions of recovering and hiting a new ATH at some point futurely, like it has already happened before, while the same can't be told regards fiat currencies which are constantly losing purchasing power within time.
3953  Economy / Speculation / Re: Would you be willing to support anyone who gives the most accurate predictions? on: June 13, 2022, 10:28:27 PM
Nope, because someone who can actually make good market "predictions" has no business in helping some random person on an online forum.

True af. If his predictions are so up to the mark, then why the hell he is not making money himself and waiting for small shares from other’s profit.
Moreover while I invest, I always think that it’s my money, at the end of the day I will be making it into profits or losses, so why to bet my money on some random person’s calls?
If you lose by mistake, then you will just end up on swearing him.
So I don’t want to support any company or individual who does this type of ponzi schemes.
Let’s see what other people have opinions on this.
To hire unknown or random people to execute this function is indeed a very bad idea, but there are financial managers and advisors in traditional markets who offer their services to wealthy investors because it's profitable for them to earn comissions or wages over the investments of their customers. That is an extra income, besides the profit their make for themselves with their own money.

Not everyone can have access to these services, though, as it's expensive and limited. Anyway, in my opinion it's worthful to support or hire this kind of professional if you are a wealthy person and has many appointments on your daily life which don't allow you to dedicate yourself to investments for a long time of your day.
3954  Economy / Gambling / Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest on: June 13, 2022, 09:25:50 PM
Crazy days. Later on I realized I must have gone out of my mind to have accumulated all those points. A sweet exchange from RPs to satoshis prize means a lot during these troubleful times full of doubts and uncertain. It's hour to accumulate most satoshis as possible and hold for the future.



Do you plan increasing the satoshi ratio per RP if btc keeps crashing?
3955  Economy / Speculation / Re: Bitcoin scenario crashing to $20.000 - $23.000 on: June 13, 2022, 08:43:56 PM
The more bitcoin is concentrated in few hands, the less efficient it will be against economical crisis scenarios, market manipulation and high volatility. The issue is that there is small groups of whales who play with prices and control which paths the market is going to follow. And although whales invest in bitcoin, they aren't bitcoin adopters for real, rather they are profit seekers at all costs, what means they don't bother destroying one thing and harming a whole ecosystem to benefit themselves temporarily in another trend (that is currently US dollar) until they also drain everything they can from this and jump into a new trend.

But it's in crashing times like this common investors have the opportunity to decrease the whales' dominance by purchasing the bitcoins dropped on the market. Compared to previous years I believe whales are more organized and acting coordinated, but in return whales' dominance is thankfully decreasing as the time goes on.
3956  Alternate cryptocurrencies / Altcoin Discussion / Re: Are you a gem hunter? on: June 13, 2022, 12:52:16 AM
Well, that is another meme coin, which is being developed to contrast the dogs thematic of doge and shiba inu, through a new cats theme on this case. Besides this simple explanation, another purpose mentioned by the project to exist is the goal of donating to help cats around the world which aren't treated properly and live precariously. It's a mix of memecoin and charity.

I just think if your goal is to help cats, couldn't you adopt an existing altcoin or bitcoin in order to ask for donations from the public? Is it really necessary to create a new altcoin to help animals?
3957  Bitcoin / Bitcoin Discussion / Re: How do you feel when the market is downtrend? on: June 12, 2022, 11:39:01 PM
yes me too, If we still be having a downtrend or a bear market that's a perfect time to buy some assets such as bitcoin. For example bitcoin is around 27k right now, go and buy more if you have some extra money.
I agree that bearish is the time to add more Bitcoin or top altcoins to our wallets. But it doesn't mean we must buy in every dump during the bearish season, do a research to choose the right time to buy. Even though I have funds, I still don't have an intention to buy Bitcoin at the current price for my long-term holding. As I analyzed the possibility that Bitcoin to drop below $25k, I just consider buying when the price is below $25k, probably around $20k-$21k to be the right time for buying.
Bitcoin may drop a little more or not. We don't really know until it happens, so I prefer to not wait too long to buy, otherwise I might face a pump instead of a dump, and then my chance of acquiring bitcoin for 27,000$ or 25,000$ will be over. Investors who wait for the perfect dip end not buying bitcoin at all or buying it more expensive than they would like, due to the market always surprising us when we least expect. Thinking on long run, it won't hurt to purchase bitcoin for 4000$ or 6000$ above the desired price, because once the market enters a new bull run, that price difference will look insignificant compared to the positive bitcoin fluctuations and profit made.
3958  Economy / Economics / Re: How can I survive in a place where BTC is restricted? on: June 12, 2022, 10:57:14 PM
It's an interesting question, because in few years more of us can be in a situation like this in our countries where there aren't specific laws for bitcoin and crypto yet. There isn't much to do: or you use it illegally taking the risks of being harassed, blackmailed, fined and persecuted by authorities, give up on crypto and throws on the garbage your financial life becoming a slave of the local system forever or you move on to a friendly crypto country.

The latter option is the best, but I imagine it's hard to go to an entirely new country where you don't know anyone, without any guarantees, opportunities or a sure place to start your new life.
3959  Alternate cryptocurrencies / Altcoin Discussion / Re: NFT's are a bigger scam than LUNA/UST on: June 12, 2022, 09:38:11 PM
The NFT concept for art pieces is completely flawed. Anyone can open one of those art pieces on his device without even buying it and press the print-screen button on the keyboard, paste on photoshop or paint and voilà, he owns the same content the NFT buyer is going to own: a digital picture displayed on his screen. I think the only reason pirates aren't interested in copying this content to resell in large scale it's because the art pieces are worthless and nobody is really actually interested on them, but on the speculative hype or on the benefits it can generate for some wealthy people who are used to launder money through art pieces.

Good NFTs are the ones which bring features and real benefits to users.
3960  Bitcoin / Bitcoin Discussion / Re: Energy used to mine Bitcoin with other industries. on: June 12, 2022, 07:29:33 PM
All the attacks bitcoin suffer from economists, environmentalists, politicians, banksters are nonsense. People should have the right to use disponible energy (since it's abundant) as they wish without backlashes from organized groups and monopolies. If the energy isn't going to be used to mine bitcoins, it's going to be used somewhere else or even wasted in some cases, so bitcoin isn't polluting anything at all that wasn't going to be polluted already...

On the other hand, I think some sense of proportion is needed. You can't compare the whole energy used in determined sector, like marine or aeronautics, to the energy demanded by the mining sector of a single cryptocurrency. The best comparative scenario is to put bitcoin mining side by side with global banking system. On that part the research nailed the facts and disclosed the whole hypocrisy of people who insist on the narrative bitcoin is destroying the environment.
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