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3981  Economy / Gambling discussion / Re: BTC price VS gambling on: February 12, 2021, 11:47:24 PM
Still hasn't turned much of an issue in my case. I've been mixing up what coins I use every now and then, ETH, BTC, Doge, I'm also trying out different casinos that accept different coins so that I don't have much of an issue when trying to use another type of coin. Though I must agree that fees in BTC are insane most of the time, even back then I was quite bothered whenever the network was quite congested, hence why I started using altcoins.

I still have a few bucks lying around in BTC though, so that's the only saving grace I have right now. Most of my issues really stem from those bloody fees. Can't really help myself from using other coins to gamble when I want to when the network is congested.
3982  Economy / Economics / Re: Are institutions hedging? on: February 12, 2021, 07:49:21 AM
Not that I'd understand much with regards to manipulation, but wouldn't it run contrary to what they want if they actually ended up destroying the market? It's like viewing the short term benefits while ignoring the possible long term ones. I'm pretty sure that at least one or two of the people around them have at least some knowledge of the possible repercussions of manipulation of the market, especially if done on a big scale.

That, or just people are putting them on a pedestal, thereby indirectly affecting the market. The celebrity doesn't really know what's happening and is just sharing his opinion, but people are putting it as a high priority to follow, hence the current situation.
3983  Economy / Gambling discussion / Re: New Government Rules Mean No More Gambling Sponsorship on: February 12, 2021, 05:21:56 AM
Sorry but i missing something here , What would trigger a government cancelling
 the sponsorship from Gambling businesses ?

Each sports has sponsors so why need to be banned the gambling business?
From what I understood, it was due to the influence of gambling addicts being here and there.
Quote
But there are growing concerns about addictions and football’s relationship with the multi-billion pound gambling industry in terms of advertising and commercial deals
(Quoted from article of OP)

From what I understood from this sentence anw. It's kinda stupid to fault the gambling industry here tbh, it clearly shows that they're pretty inefficient at managing gamblers after all, industries are only there to cater to customer needs, and heck, they even have different sort of walls to prevent people from getting addicted or illegally playing. The fact that there are still people who are addicted to gambling shows that it's a personal issue already.
3984  Economy / Gambling discussion / Re: Toronto women win jackpot lottery on: February 12, 2021, 03:59:35 AM
~
Your determinations will keeps you to move forward chasing things up to come true.

Here I would disagree. I would say that in case you are not lucky despite taking lottery tickets for an extended period of time, then you should try your luck somewhere else. There is no point in chasing the lottery jackpot for many decades. In case of this Canadian lady, she won the jackpot in the end. But 99.99% of us won't be that lucky. Persisting with a low-chance game would only result in financial loss and heart burn.
True, no matter what one says, determination, effort, hardwork, will, all of those only build up 1% of the process. The 99% of that is always reliant on luck. Doesn't only apply on gambling tbh, getting an opportunity, hitting it off with someone, getting a promotion, all of those would always include luck, and you can't get any result without it. Doesn't mean that 1% can be ignored though, cause it still completes 100% of the result.
*in this world nothing is impossible, we can only keep going and work hard...
being financially free with tens of millions of dollars is everyone's dream and that woman feels it at an old age, me and you are definitely not over 40 years old, therefore we have the same chance of being able to win big like that woman. continue to be patient.

Sadly patience doesn't return the time you've spent. Life is just like a lottery tbh, to hit or miss, sad enough to say that even with numerous organizations that try to help life be easier, it still has that factor of getting only a hit or miss.
3985  Economy / Gambling discussion / Re: shittiest soft ware ever!! on: February 12, 2021, 01:36:38 AM
Hmm, that's odd. Softswiss casinos seem to be working properly, and Softswiss itself has some reputation. It's probably mismanagement or the casino itself is just using the name of Softswiss and isn't really a legit casino. You might wanna look that up beforehand. It might actually just be the management behind the casino itself, and Softswiss is just the developer or something similar of the sort. Tbh, might as well just opt to use other casinos that are more likely to be legit rather than others, especially since you've had an issue with not seeing their ToS.

Also in the first place, casinos were meant to scam you, just that you indirectly allow them. After all, no one can beat the house, and you're basically just paying them to have fun or have a chance to winning something bigger.
3986  Economy / Gambling discussion / Re: Does knowing your sport and teams really make you better at betting on them? on: February 12, 2021, 12:42:54 AM
Well naturally, since you know the advantages and disadvantages of their habits. Like for example, I only know a paltry amount of tennis knowledge, but a player that specializes in drop and volley could easily defeat someone that has, maybe, slow speed, or can't read the enemy properly (this is just me assuming, idk if this is a fact, the only thing I really know was the drop and volley). Those kinds of things let you identify whether a match up is advantageous or not. Ofc, experience is also taken into account, but most of the time it wouldn't make much influence especially if the player themselves is really skilled. There are also a lot of factors, but knowledge of the game and of the players should be more than enough to identify who's advantageous over the other.
3987  Economy / Speculation / Re: Apple is buying Bitcoin on: February 10, 2021, 05:31:59 AM
I'm more opted to believe that they're trying to make Apple believe that their stocks would go up if they bought crypto, but let's be real here, Apple ain't an idiot and I'm pretty sure they have their own analysts and whatnot. There's absolutely no need to do this nor predict this, since honestly, it'd probably just invite FOMO to those that are not really holding stocks of apple. Additionally, there isn't even an ounce of news that Apple IS buying crypto, it's more like the analyst just assumed that if Apple ever bought crypto, then they'd go stonks.
3988  Economy / Economics / Re: I Don't understood USA dollar ise weak and experts Give warnings on: February 10, 2021, 03:52:08 AM
Err I think you're just basing "strengths" of the currency on their price, not the best idea imo. Price clearly isn't the only factor involved, though it is one imo, still it isn't that influential that all you'd need was something that can be priced higher for it to be "strong". The influence of the currency, plus the country backing it should all be taken into account. US dollar whether you like it or not, is widely used by a lot of people to transact, as well as the commonly acknowledged main currency for transactions.
3989  Economy / Gambling discussion / Re: Do casino awards matter? on: February 09, 2021, 07:46:55 AM
Hmm not really. I've never really noticed whether casinos have received awards, and do cryptocasinos even have any rewards for that matter? I've barely noticed them and most of the time, I'm more opted to look at the legal matters of the casino just to make sure it's legit and that It isn't illegal for me to access it in my country. Besides rather than awards, user feedback is much more important imo, since it details almost everything that the site has to offer. Casino awards can be both vague and specific at times after all, and an award isn't necessarily enough to prove that a casino is good or not.
3990  Economy / Service Discussion / Re: PVP Gambling Game Open Live Mic Betting Feature with Other Player on: February 09, 2021, 06:02:17 AM
Seems like quite an interesting feature. Let's all be real here, the best thing about this live mic feature is the salt you or him would feel after losing. It's kinda fun to watch though, probably streamers would enjoy having something like these every now and then whenever they play or waiting for a queue. It's an interesting feature that's for sure since they're basically bringing social interaction to online.

CONS:
-Trash talks (I admit I'm not used to a PVP game without TT's. I'm a hardcore DOTA1 and CS player back then and been involved in lots of gambling in many places and tournaments)
-Foul words, badmouthing (it's difficult to moderate unless there's a strong penalty)
Those aren't really cons tbh, it's actually natural to any game that is pvp. Heck, even PVE has some salt and TT when someone gets lucky with rng loot, what more of a pvp game like csgo. It's actually nice and not really that tilting once you've been in the scene for some time, though I do admit it is intimidating for beginners.
3991  Bitcoin / Bitcoin Discussion / Re: Tesla buys 1.5 BILLION worth Bitcoins !! Good or Bad ? on: February 09, 2021, 05:11:33 AM
Well, one thing is for sure, it has caused quite a surge in price in the past day which can surely be seen as a temporary pump. I'm not sure if that's healthy or not though, but I'd expect it to correct itself in the next few days. In the case of adoption though, Tesla accepting Bitcoin could be seen as a good move. Although at this point, Bitcoin might be seen as a "premium" currency of sorts, and would only be used in transactions worth big money (which hopefully doesn't happen). It's a good endorsement, yes, but I might want to see something that adopts it to everyday life though.
3992  Economy / Economics / Re: What are the potential side effects of corporations selling fake crypto? on: February 09, 2021, 01:03:44 AM
I'm guessing that they indicate that in their Terms of services and whatnot that users are basically asking Paypal to buy and store crypto in their places. Closer to say that they are much similar to third parties, both in the sense of buying crypto and storing crypto. It can be called fake crypto, and at the same time not maybe? It highly depends on how much you actually trust private companies tbh. I'd consider it fake, though I'd still try it if given the chance.

On that note, I'd say that for the price of having buy, sell, and conversion of crypto to be used to pay to other merchants is that it became more "centralized". It's basically like how the current fiat system works, but they pretty much applied it to crypto. Some may agree, some may not, after all, some value having it easy, and some value having their money be personally managed by themselves.
3993  Economy / Trading Discussion / Re: How much would you say one could realistically make a month trading? on: February 08, 2021, 11:48:04 PM
I don't think there's a limit, even realistically speaking tbh. Trading is quite similar to gambling in how you can go rich or go home in just a single instance of an event, and you can't even manipulate the process of the event hence most of the time it's just up to luck. Even if you only start a set amount, it's still quite possible to profit quite a lot in a month depending on how your trading goes. I'd actually think it's a lot more easier to just say that you could lose your entire budget in a month in trading rather than calculate how much profit you can get on trading.
3994  Bitcoin / Bitcoin Discussion / Re: OK BITCOINERS, which one of you is this? on: February 08, 2021, 07:59:23 AM
There was absolutely no need for the article to even indicate that the man was a cryptocurrency trader lmao. Putting the description as a British man should've been more than enough. On the topic of the man though, looks like it was only a bad influence of drugs, and his collection should be legal since he was allowed to keep a collection of guns with him. Glad that it didn't escalate much to create an issue, more so that there were no accidents involved itself.
3995  Economy / Gambling discussion / Re: New Government Rules Mean No More Gambling Sponsorship on: February 08, 2021, 06:29:43 AM
Huh, that's a huge hit to the industry since when someone takes the first step, it's quite possible that a lot of others would closely follow. It seems kinda stupid that they're blaming addiction to sponsorship though. It's like they're attacking the knife for being dangerous when the one who holds the knife is the dangerous one. I get the idea that removing the knife entirely out of the picture would reduce the risk, but this also indicates that others who use said knife would be impacted.

I just hope that they have proper talks about this tbh. As well as properly thinking of ideas on how to combat addiction effectively instead of band-aid ideas, which is imo, like this one.
3996  Bitcoin / Bitcoin Discussion / Re: Acquiring bitcoin: "Buy" vs "Convert" on: February 08, 2021, 04:09:44 AM
I think it's better to Buy instead of Convert? Biased, yes I must say since I've been influenced by how it was said and as such, would rather choose the one I'm used to rather than the other, but buy just fits the idea more rather than convert. The very basis of transactions of Bitcoin even back then already was about "Buying" BTC imo. Sure, if we were to use an altcoin or stable coin to buy Bitcoin, convert may be the better term, but if it was something like using fiat money to acquire Bitcoin, then buying is the better term. Convert is more likely to be used to similar things, hence why convert JPY to USD, and they are of the sense, essentially the same (JPY and USD are both Fiat)
3997  Economy / Scam Accusations / Re: Potential scam alert on: February 08, 2021, 01:00:46 AM
Scam, end of story. Don't bother even leaving a bit of your attention span to sites that offer something like that. X amount of return per month is always the keyword you have to look for in most scam situations, but if you really want to make sure, look for their license, check when their site was made, scrutinize their team and the like. A lot of work, yes, but if you really wanted to make sure a site was legit, well, you have your work cut out for you.
3998  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Why do the prices of 90% of the alt coins almost exactly follow BTC? on: February 07, 2021, 08:13:49 AM
Simply speaking, the value of Bitcoin is tied to the value of altcoin. The domination of Bitcoin over the crypto market is quite obvious to be seen, and most often than not, altcoins are paired with Bitcoin most of the time so traders would buy altcoin then buy Bitcoin, which shows a symbiotic relationship between the two. There's also the idea of Bitcoin being the leading coin, add that together with altcoins being measured/paired with BTC, and you'd get what we have right now.
3999  Economy / Gambling discussion / Re: The gambling black market thrives in Britain on: February 07, 2021, 06:46:03 AM
I have used "black market" gambling in a sort of way, I gamble on crypto sportsbooks and thats not allowed in my nation, we already have sportsbooks that are legal here but their odds are nowhere near the same, they are very very bad, and they are not paying good for both sides as well, if it was just favorites with lower odds but underdogs higher odds I would understand but they are paying low odds for both sides and even the draw.

So, I do gamble on black market because places that are legit and allowed screws you over with the odds and do not pay you great deal of profit, which is why I think it is obvious that we are in a situation where black markets are a better option to gamble than real sportsbooks. Even if a place that we all love in black market ends up getting a legit license, they turn to being worse, so basically being licensed and legit makes a place worse.
I don't think that counts as a black market gambling, more like illegal gambling. Though they can be said to be the same, your case was that it was illegal in your country, afaik black market gambling is illegal in ALL countries. They don't have strict identity rules and what not, and only follow internal rules set up by the private organization behind that industry. I do have to agree though, casinos would sometimes just simply screw up your payments from time to time without reason, and even talking to their support at times wouldn't really provide anything substantial to fix the problem. Idk how the black market works with their service, though I'd reckon they follow the rules they set properly so as to avoid too much communication with customers.
4000  Economy / Trading Discussion / Re: IF you saw this candle stick chart would buy sell or hold? on: February 07, 2021, 04:11:36 AM
It might be better to understand the general movement of the market at times, so you can determine whether it would enter an uptrend or a downtrend. Ofc, there would be instances that your prediction would prove to be wrong, but that's a natural thing imo, and it'd rather instead be odd if you were always correct/wrong in reading the candles. Most of the time it's just random after all. Also try to see and find news about coins that you're investing in so you can see if the hype is building up or not, those could also be indicators of market movement.
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