There is a possibility but I doubt that it will happen anytime soon.

Remember that USA is a hegemonic country- it has complete and absolute power over the value of its Dollar from all over the world. If you consider all other currencies, Dollar is the most dominant and consistent as its value retains or increases on some countries.

The only way that I think that can weaken the dollar is when countries will prohibit its transaction and circulation. Another thing, if you close its trade markets with international countries and companies, this will severely weaken its value, thereby another currency will take over.

While this situations may happen, I doubt that it will happen in the near future given that USA is still the dominant country in the whole world. They have access to at least everything when it comes to economic crisis, political wars, etc.

There is a game that I currently play (FPS online game) where you get to play against other players and every round you win, you get these "tokens" that are cryptocurrencies converted to that game specifically. It is like you mine those coins while you play that game. I have not fully explored or taken advantage of that system given that I focus only on the game itself (old game turned mining crypto) but I heard that there are other players who profited from this experience.

Additionally, I also watched some videos on YouTube where several YouTubers explained the concept of "PlayToEarn" games. Normally, you have to buy-in in order to start at that game in the form of cryptocurrencies and you earn them while you play- think of it like Axie Infinity.

The problem with these games is that there has to be some sort of burning mechanism of such tokens in order to balance the financial ecosystem. Without that burning mechanism, there would be an influx of these coins mined thereby reducing its price significantly, like what happened to Axie in its later stages.

The reason on why this is very difficult for gamblers to do is because of the initial reaction that they feel whenever they encounter a loss. The most natural thing to do is to take "revenge" by betting again in hopes of recovering such losses. In an ideal world, sure, the gambler indeed recovers their losses; but imagine the amount of people who get stuck on this cycle as they try to break their losses by betting again.


I agree with this statement. People who revolve their whole life around gambling should realize that there are other forms of entertainment (and even income) that are possible outside the world of gambling which are less risky in nature.


This is what we call being greedy. Gamblers typically do not realize and appreciate what they currently have until everything or half of it is gone. This is applicable in this situation where a gambler tries to gamble and gamble in hopes of increasing that winning streak, only to just lose it all in a matter of minutes.


I hope everything that has mentioned here should be taken into heart by these fellow gamblers.

Again, it is not the end of the world if you lost your money in this venture. There are other ways to recover such losses which can be utilized outside the gambling world. Re-evaluate and inspire- think on why you lost and make it as an inspiration to prevent it from happening again.

The problem with the world nowadays is the reliability of information being spread across the internet.

It is very difficult to trust information nowadays given that everything can be easily faked and altered. Even trusted websites spread false information that many people rely on. Unfortunately, people who have little-to-no knowledge/education at all can be easily swayed by misinformation being spread by fake celebrities or influencers.


I find these newbies to be somehow "lazy" and then they complain on why they do not receive any merits at all. Bounties are just one of those campaigns that promote spam across the forum due to the leniency of the managers to accept anyone who applies.

I definitely agree with your statement.

Naturally, VIP packages are measured in a tier-based list depending on the total amount of money a person spends. Obviously, a regular/normal spender would not be able to reach the S-tier rank due to his less spending habits. But if a gambling casino introduces VIP programs that lets normal spenders feel the tier in which normal VIP users experience, then it would be a win-win situation for both.

I hope that more gambling casinos introduce these VIP Programs as this will be a win-win situation for both the gambling platform and the player. This brings more potential customers in experiencing the VIP system and this would bring revenue to the gambling platform as well.

I mean, holy crap! That is just the nastiest thing that I have ever seen so far related to gambling. Not to be racist or anything but is the girl on the slot machine Chinese? As far as I know, Chinese gamblers are notoriously known to have very rude attitude and nasty acts in general- they rarely care about their surroundings as they focus more on themselves.

Anyway, I remember that I also watched several videos on YouTube regarding casino gamblers and one of the dark secrets of those casino-hotels is that most of the people there suicide. Usually, high rollers when they lose, they make one final bet and if they lose, they subsequently take their lives inside the hotel.

Unfortunately, these are just one of the things that a person may witness in these land-based casinos. I am sure that there are other nasty things that are happening which are not caught on video.

This is the very statement that everyone should know as I definitely agree with you.

Sure, the price history of index showed a significant increase to its price ever since it started way back in 2009. But understanding those key events that lead to its price right now should be taken into account before you invest. While a person may use its price history index as basis for investing, you must also know the reason on why bear and bull runs happened within those years also.

A person should not just blindly invest without knowing on why the price of BTC increased in the first place. Not to mention, even during those bullish runs, there were some bearish runs that caused the price of BTC to crash in those said years.

I am honestly quite surprised that there are really some people who are dedicated to gambling; I mean, it is all fun and games until you experience your first losing streak and thereby end your whole career slowly with all the nonstop bets that you make.

At the end of the day, the house always wins due to the presence of house edge. If you truly want to maximize your earnings, then play card games such as poker, blackjack, etc. in order to at least control the game with your skill (e.g. bluffing, etc.) to your advantage.

Sports betting may also be done but do not treat it as something that you should completely rely on for your monthly income. If you view it as a means to an end, then expect things to slowly suffer from your end as you are relying on something that is very inconsistent.

Interesting discussion- I think this really depends on how you define a "newbie" on a given platform or topic.

According to the Merriam-Webster Dictionary, a "newbie" is a person who has recently started a particular activity.¹ Given the examples that you provided OP, I think the best person that falls under this category is the first example, which is:


The second and third person had already spent a time on this forum since they have accumulated at least 7 days and 25 days of total log-in time in this forum. It is safe to say that they have already read some posts and even made threads about BTC even if they failed to garner some merit.

Though again this can be a technical discussion since there may be people who are considered as "newbies" despite having lots of total log-in time, the definition of what a newbie is best describe the first person you have mentioned.

Personally, however, I consider all of them as newbies as there are more factors that may upgrade a newbie to an expert.

---

1 https://www.merriam-webster.com/dictionary/newbie

Very unfortunate na may ganitong krimen ang nangyayari pero to be honest, wala masyado kinalaman dito ang cryptocurrency in furtherance of the crime.

It just so happened na cryptocurrency ang hinihingi ng mga kidnappers as payment for the ransom dahil sa anonymity na naibibigay nito sa transactions. Pero other than this, yan lang naman yung kinalaman ng crypto dito. Given na ito din kasi talaga yung isa sa mga mahalagang element ng crypto, natural na ito ang gagamitin ng mga kidnappers as payment method talaga.

I just hope na in the coming days, hindi mag bago yung pananaw ng mga tao sa cryptocurrencies kasi ito talaga yung unang pumapasok sa isip nila whenever naririnig nila ito. Una kaagad nilang naiisip is ginagamit siya for crimes but in fact hindi talaga ito yung pinaka main or selling point niya.

Man, I just cannot imagine the pain that the person felt when he saw that lost. When you have no control over your device due to some glitches, you can just see your winnings slipping away from your fingertips. The endless possibilities that the person thought of the things he could have spent on will be painful for him in the coming days.

Back when in college, I used to accompany my brother to several casinos. Sometimes he wins but frequently he losses most of his earnings monthly.

I remember that there was this specific day where I accompanied him and he betted $300 worth of his savings that night. He already won $200 but he got greedy and lost all of the money he earned. Unfortunately for him also, the day after that gambling incident was our vacation with the family- so he spent the whole vacation contemplating about his loss.

I mean, the proof is on the pudding- countless of boards being created daily in this section discussing their personal experience with gambling. Some may share their profits/winnings, but majority of the players share one thing in common- which are losing and the dangers of addiction.

Naturally when a gambler losses on their games, the initial reaction of players is to recover their losses by gambling once again. Unfortunately, this creates an endless cycle where the gambler stays until he/she wins. In a not-so-ideal world, the player will definitely incur a losing streak until he/she has exhausted their resources.

Again, the proof of the dangers of gambling is already written by blood. Lots of people have already lost their livelihood and even their lives due to gambling addiction. That is why, always keep your head above the ground and be conscious with yourself whenever you gamble.

Hmm I do not think so.

There are many factors that may determine on how a person gets naturally addicted to something. With your statement that women are better manager of resources, this can also apply to men as well. At the end of the day, it is on how a person approaches gambling with the right kind of mindset in order for them to prevent any mismanaging of funds.

In conclusion, I doubt that gender is a factor that determines if a person manages his/her expenses well when it comes to gambling. I have visited tons of physical gambling stores and observed equal amounts of men and women gambling without any discrimination.

Nope- gambling is not to be entirely blamed on this but it further enhanced his prior drug addiction.

I agree with what you said- he was already an addict to begin with. Let us take away gambling for a second: most likely he would find another venture (not gambling) in order to continue sustaining that kind of lifestyle. It just so happened that gambling was his game of choice in furtherance of this first addiction, which was drug abuse.


It may affect but removing online sport bets in app stores will not have that kind of massive effect.

There are many factors that contribute to the devaluing a currency of a certain country. In contrary to his statement as well, gambling generates tons of revenue in a certain country if they are regulate by the government properly.

Take Philippines as an example, the revenue generated by their gambling establishments is the number one (1) responsible for the most generated money annually. This speaks on how gambling can definitely have a positive effect on the economy if properly established and regulated.


Gambling contributes on why people ruined their lives. In a way, gambling clouds one's judgement and rationality to the point that they only seek the satisfaction of winning. In order to profit also, they would have to continuously bet.

While the approach of a person mainly contributes on how he/she gets to be successful, gambling somehow clouds this and necessarily affects the judgement of people. So in a way, gambling does ruin the lives of people who DO NOT KNOW how to control their urges.

Is this a one time thing or is it a regular game where every spin costs $50?

Personally, $50 is a huge amount of money especially to someone who lives in a third-world country. That $50 can most likely fund my food for one (1) week or even two (2) weeks if I make myself frugal. In all honesty, $50 is just too much for your average gambler. With that amount of money in the jackpot, most likely the chances of a person winning is just incredibly and significantly low.

Bearing this in mind, if there are other incentives rather than the jackpot that a person may win every spin, then the $50 spin may have a market for other high-roller gamblers. Naturally, if you are rich, $50 is just nothing to you- people would definitely spend a minimum of $1000 on that game alone to check their chances.

I am a firm believer that there can be no long-term strategy, in general, in gambling.

Due to the presence of house edge among gambling platforms, it is inevitable that they will definitely be profitable due to statistics. More than a long-term strategy, I believe that there is also a "short-term strategy" in order to maximize your winnings, for example:

• Cashing out your winnings as soon as you profit even if it is relatively low;
• Knowing when to stop despite a losing streak;
• Choosing which games to play as this can affect your winnings chances; and
• Choosing the right casino in order to maximize the rewards and bonuses

Those are some of the short-term strategy that can definitely affect your winning chances in a given game. Remember, always start slow and build-up the momentum. If you feel like the luck is against your side, call it a day and try again in the future.

Back in 2017, I tried bringing a few of my friends back in college into this forum. I explained it to them that there is an opportunity to earn money as a form of investment by understanding on how cryptocurrencies work. I had success back then as I was able to recruit 2-3 of my friends but unfortunately, they are not active anymore ever since the merit system was introduced.

While earning money can potentially be as a sideline, they are missing tons of other information that can benefit them in the long run. Unfortunately, they were too focused on raking up and joining on signature campaigns that they got lost in translation.

Bearing this on mind, I tried explaining this forum to one of my friends in law school and I had success in turning them into a crypto enthusiast. Fortunately, he is into mining right now and he really bought a rig with all the knowledge he gained from all channels.

In conclusion, it really depends on how you introduce this forum to your friends/colleagues. If you explain it to them in a very short-sighted manner, they may quickly lose interest when they may encounter a hindrance (e.g. like what happened to my college friends when the merit system was implemented); but if you explain it to them in a broad scope with deep understanding, then they may stay and even surpass the knowledge that you have (e.g. like my friend who mines currently).

No- it goes both ways: the more you gamble, there is that higher chance of you failing.

By basing it on statistics alone, the house will always win due to the presence of house edge that will always give the slight advantage to the gambling platform. The logic of your friend is nothing but fallacious- remember that the more you gamble, the more exposed you are to the risk of losing at the same time. While there may be occasional moments of winning, losing will always be inevitable.


I definitely agree with you.

Gambling is all about perspective- it depends on how you view either as a form of entertainment or as a way for extra income. People who have the money to fund their gambling satisfaction may see it as a form of entertainment; but to those who view it as a form of income, then you expose yourself in the risk of losing.

Of course it is definitely worth telling your husband about your gambling ventures.

When a man and a woman gets married, there should absolutely be no secrets to each other no matter how difficult it may be to accept to the other party. This secret involves anything that may or may not affect the relationship- so naturally you should tell him about your gambling activities. Not only this may keep the marriage intact, but this may also be helpful for you to understand better the risks that may be involved in gambling.

At the end of the day, your husband deserves to know everything especially that the money that is being used in gambling is part of the absolute community of your marriage. Naturally, every expenses must be audited for proper financing.

I find this funny because this is what I am experiencing now!

To tell you my story, I often meet with my GF almost every week. She has a grandmother who frequently gambles (e.g. 2-3/week) using the funds which should be allocated for the monthly obligations on their household. From time-to-time, the grandmother wins but she mostly losses her bets in the process. As a way to recuperate with the stress, she often goes ballistic inside their house, displacing her stress with her family members.


Based from the story that I just mentioned above, I can have an answer to your question OP based purely on my experience.

Most elderly people do not have things to do at their house. They either just sleep or do household chores in a daily basis to kill some time. In order to at least be satisfied, they often gamble as a way of their entertainment since they do not work anymore.

Unfortunately, this brings tons of problems if they do not have the urge to control their gambling fantasies and satisfaction like what happened to the grandmother of my girlfriend. While I do emphathize with her grandmother, still, that cannot be a reason for her to continue gambling since she is also using the funds for their monthly household operations.