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401  Economy / Gambling / Re: 🏆 GOSUBETTING 🏆 THE ULTIMATE BITCOIN BETTING GUIDE ⚽🏀⚾🏈🎮🎰📈 on: December 21, 2023, 11:18:25 AM
Thank you very much for the kind words and feedback, GOSUS!  Smiley

The goal is to feature tips/predictions of pretty much all important matches at some point - that may take a while but I am already looking for competent tipsters. In the meantime, we will go with semi AI generated predictions. Smiley

Congrats for your launch. I'm really impressed by your announcement thread. This is probably one of the best looking announcement threads on the forum. The website looks really nice as well.
Semi AI generated predictions? Can't the people just use AI chatbots like ChatGPT 4 and Google Bard to make sports betting predictions without having to deal with GOSU Betting?  Grin It's like trying to cut the middleman.
Are you going to pay the competent tipsters you just want to get their services for free?
Anyway, good luck with this project, OP.
402  Economy / Gambling discussion / Re: Is Michael Jordan a gambling addict ? on: December 21, 2023, 08:18:25 AM
Quote
I was recently arguing with someone whom stated that MJ is a gambling addict, and I pushed back.  I think we could probably all agree that being addicted to anything is never good, no matter what it is.  Michael is famous for being a big gambler.  However, it's not like that's the only thing he does in life.  He's a billionaire with many companies and countless things to do each day. Gambling doesn't effect those important things in life.

He takes care of his family, far from broke and gambling brings him entertainment.. so my question, would MJ be considered an addict?  I argue he's not.  He just loves to do it, but any negative effects may be literally zero ..

Does your friend know Michael Jordan personally? Did he just read some gossip article about Michael Jordan being a gambling addict?
I don't hear any news about Michael Jordan going bankrupt because of his gambling addiction. This probably means that he keeps his gambling behavior under control. He's rich enough to spend lots of money on gambling and still maintain his wealth.
The same question applies to Drake and other rich and famous people, who spend lots of money on gambling. Are they addicts?
I would say no, because their behavior doesn't affect their overall wealth.
403  Bitcoin / Bitcoin Discussion / Re: The future of Bitcoin as digital currency on: December 21, 2023, 07:29:40 AM
No government should prohibit the ownership of this technology

. I mean this is freedom money just like national value is freedom and bitcoin
Is the word dream money.

Someone very wise say if you're born poor you die poor and I quote

But with bitcoin if you're born poor and get education and you work hard you
Can be any thing you want.

But the way we can achieve more of the dream is  when bitcoin freedom is
Intact and when are able to save bitcoin for our future and our family.thats what bitcoin is all about.
 

1.Nobody "owns" blockchain technology. The people have ownership rights over the BTC in their wallets and the crypto miners have ownership rights over their mining hardware. The governments can confiscate the BTC in their wallets and their mining equipment. Nobody can tell when will the governments decide to confiscate the mining hardware or to ban BTC/crypto trading and mining completely.
2.I think that the saying was "If you are born poor it's not your fault, but if you die poor, this is definitely your fault."
3.Bitcoin isn't some miraculous magic financial tool, that will make you rich(even with education and hard work).
404  Economy / Service Discussion / Re: Experiences with A-Ads (advertising service) or Bidvertiser? Alternatives? on: December 20, 2023, 12:09:44 PM
Quote
Does somebody here have experiences with them as an advertiser? (positive/negative, everything counts Smiley )
- Does it make sense to advertise projects which are not crypto-related there?
- What about international (non-English) traffic? I'm mostly interested in Spanish and German.
- Are there other trustworthy crypto-accepting ad services?

I've had negative experience with them as a publisher. The earnings were close to absolute zero.
I think that a-ads.com is a very crypto-oriented advertising platform, so any non-crypto ads will perform very poorly.
Their overall traffic is relatively small, so targeting specific countries will bring low traffic.
The only thing that I like about A-ads is their transparency when it comes to the Ad campaigns. They even have an affiliate/CPA platform and some crypto casinos like BC.game are paying for advertising on A-ads. AFAIK, BC.game have an active sig campaign on Bitcointalk.
I've tried using Bidvertiser 8 years ago(2015) and wasted 50 dollars on advertising with zero results. Maybe my ad campaign wasn't optimized, but I didn't have a good experience with Bidvertiser.
405  Economy / Economics / Re: Are fast-fashion shopping apps hurting local economy? on: December 20, 2023, 11:29:04 AM
I can assume that by "fast-fashion shopping apps" you mean the big Chinese platforms like Aliexpress, Wish, Temu, Shein and a bunch of others. I don't know where did you come up with the term "fast-fashion shopping"? Do you mean impulsive buying?
No, I don't think that they are hurting the local economies, because if you want to buy the same stuff and it's manufactured in your local economy, the price would be higher. There's a reason why those Chinese platforms are selling cheap stuff. All this cheap stuff has been produced by using cheap labor and cheap raw materials. Labor exploitation and slavery are the hidden problems of China.
Those apps are really good at marketing. Temu is brutal, when it comes to getting new customers. They seem more like a ponzi scheme, rather than a shopping website/app.
406  Economy / Gambling discussion / Re: Has gambling ever whispered you with different strategic prediction measures? on: December 20, 2023, 07:23:31 AM
Since gambling is most based on luck, who else has ever wanted to set your eyes close while you hits the slot or taking your predictions with the believe that.... "Your eye sight has failed you in number of times at when believing that taking your time and plays according to your heart desired based on sights satisfactories was to be the best for you"
Then probably sometimes you want to try a new trick by closing your eyes while picking your predictions or hitting the slots.

Those are not "strategic prediction measures". This is pure superstition. It's funny how some gamblers call superstition a "strategy".
Closing your eyes before playing the slots doesn't change anything. Maybe your mind is playing tricks on you and you have some weird delusion, that closing your eyes or staying on one foot will bring you luck. I have never believed in such weird tricks. I remember that we used to play such games as kids "if you do something weird, you will get this result". This was totally childish and I wouldn't try it on gambling games.
407  Bitcoin / Bitcoin Discussion / Re: Ordinal blockchain irking me, causing almost $40 median fee now... on: December 20, 2023, 06:53:16 AM
...

mempool.space

I don't want to spend $40 to consolidate here.  I guess I'll just have to wait.  And wait & wait & wait???   


Angry    Angry    Angry


Maybe only a much higher BTC price will stop those ords from infesting the mempool....

I can't see a direct correlation between the Bitcoin price and the "ords infecting the mempool".
Do you really think that a 70-80K USD Bitcoin price would miraculously lower the transaction fees on the blockchain?
A higher price means that the short term demand for BTC increased, which means more BTC transactions on the blockchain and more transactions mean higher fees and longer confirmation time. Off chain solutions like the Lightning Network still can't get mainstream adoption.
Removing the ordinals from the blockchain would most likely lower the amount of transactions(and the fees), but the miners want higher fees and more revenue.
408  Economy / Gambling discussion / Re: UEFA Champions League 2023/24 Season on: December 19, 2023, 12:04:57 PM
Very easy opponents for Real Madrid, Bayern Munich, PSG and Manchester City. I don't think that the favorites will have any problems against Leipzig, Copenhagen, Lazio and Real Sociedad. Somebody would think that the draw for the elimination phase was rigged in favor of the big and rich teams. Grin Arsenal might be facing problems versus Porto. Barcelona and Napoli are both in bad condition, but I expect lots of goals in the two matches between these teams(and Barcelona would probably eliminate Napoli). Inter vs. Atletico and Dortmund vs. Eindhoven seem to be the most unpredictable matches in this round of the UEFA Champions League.
409  Economy / Economics / Re: My view of wealth and assets specially now on: December 19, 2023, 11:39:49 AM
So you think that real estate is debt economy, but BTC, gold and fiat currencies aren't a debt economy? Really?
Many investors borrow money to buy BTC or gold. Isn't this debt economy as well?
Fiat currencies are based upon fractional reserve banking, which is debt economy in a nutshell.
Capitalism is based upon loans and debt. Crypto is simply another form of capitalism. You can't take away debt and loans from the crypto industry.
I agree that mortgage loans help for artificially pumping the real estate prices. The problem is that no government in the world has the balls to ban mortgage loans completely. I guess that North Korea is the only exception. Grin
410  Bitcoin / Bitcoin Discussion / Re: All thanks to my family they contributed and bought bitcoin for me on: December 19, 2023, 07:00:25 AM
Are you under 18 years old? Can't you just earn some money and buy Bitcoin yourself? I would be embarrassed to ask my friends and family for money. Especially for money to buy Bitcoins(or any other cryptocurrency).
I can also assume that the 2024 Bitcoin halving will build some hype and pump the Bitcoin price, but you shouldn't have enormous expectations.
Do you expect the BTC price to hit 1 million USD or something? I think that the BTC price could hit somewhere between 70K and 100K USD at best. This means that your 90 USD could turn into 200 USD at maximum. Not a big deal, if you ask me.
Buying BTC isn't the same as buying a lottery ticket and expecting to win the jackpot.
411  Economy / Gambling discussion / Re: The shorter the time you spend the better on: December 18, 2023, 11:56:28 AM
Quote
1. Have a amount limit you can risk on gambling every week.

2. Choose your favourite day in a week for gambling.

3. Have a time count down when gambling, to avoid spending too much time.

Go back home or close your laptop once your time is up, and wait for the coming day, go back to your daily life and business, chase your goals using your business and invest more money on assets.

Do you agree or disagree? Drop your reason why.

This all sounds great IF you are able to control your behavior. But guess what. Gambling addicts can't control their behavior. That's why they are called addicts. It they could really control their behavior and limit(or stop completely) their gambling habits, then nobody would call them addicts and their psychological problem simply won't exist.
Your advice is as stupid and someone telling a drug addict "Just do drugs 20 minutes a day and you will be fine."
Or telling a porn addict "Just watch porn for 20 minutes per day and you'll be fine".
Limiting the activity, which causes the addiction doesn't solve the problem.
412  Economy / Economics / Re: Will BTC converge to ETH? on: December 18, 2023, 11:17:07 AM
Quote
Does this economically "link" in some way BTC to physical currencies?
And more importantly. If the time comes that the traditional currencies are replaced by BTC, miners will spend BTC to buy their graphic cards and everything they need, so they'll actually stake BTC in order to prove their point. So in a fully bitcoinized economy, won't PoW be identical to proof-of-stake? Let's just obviate the immense pile of e-trash and the huge electricity consumption gap that separates both protocols in reality.

1.Nope. BTC has no "economical link" to physical currencies.
2.Nope. Bitcoin will never replace the traditional currencies. You wanna know why? Several days ago, a had to pay 70 USD transaction fee to move a small amount of BTC to my wallet. That's why. The Bitcoin blockchain can't handle big quantities of transactions and it gets easily congested. Bitcoin will always remain in the form of "digital gold" and I'm OK with that, but I don't expect BTC to become a normal currency.
This is yet another "PoW vs. PoS" forum post. This discussion has ended months or even years ago. There's no point starting it again.
If you like Proof-of-Stake just move to a PoS altcoin. You have multiple choices.
413  Economy / Gambling discussion / Re: Does match fixing concern you often? on: December 18, 2023, 08:08:31 AM
I recently had this thiught, that in many places the stakes for betting can be so high, that in many occasions it might be worth money wise for team bosses to fix a match result and still have enough to pay everyone involved instead of just playing fairly for a good clean win.

Some might think that this issue could be especially prevalent in smaller countries where streaming rights and add may not pay teams that much... But I guess match fixing could also be a big issue in big countries with popular leagues because there the stakes for betting are even higher.

On the other hand, it's probably not so healthy to think about match fixing as a gambler that much because there's very little you can do to actually have recourse against it as a mere player, as match fixing is organized at a very high level.

What have your experiences about this been? Is match fixing considered a common occurrence in leagues you place bets at?

Match fixing is very hard to be discovered and proven with a good enough evidence by the authorities.
In the country where I live, many matches in the football league seem very suspicious, but the authorities don't do anything to investigate.
I don't have concerns about match fixing, because I don't bet on matches in my national football league. I don't think that the regular sports bettors care that much about match fixing. All they care is their own profits from their bets. If they bet on a fixed match and the bet ends up being profitable, they will be happy and totally indifferent towards the fact, that the match was fixed.
414  Bitcoin / Bitcoin Discussion / Re: How to approach supporting a platform that now holds views contrary to your own on: December 18, 2023, 07:25:00 AM
If many years ago you found a great internet resource that talks about health, history, career, art, travels just basically something that is around your area of interest. You enjoyed reading their articles so so much that you subscribed or donated regularly as a small way of showing appreciation to keep them going. Then you noticed that in recent years they became anti Bitcoin. Although they still publish those great articles in your other areas of interest that you like but they publishing so many false claims and incorrect information about Bitcoin.
What would you do? Ignore the anti-Bitcoin articles.Keep donating and subscribing as long as they provide valuable content in the other areas of your interest. Stop donating and subscribing to discourage their anti-Bitcoin stance after expressing your concerns to the editors, but they choose not reconsider their approach?

Would you mind sharing with us this great internet source of information and articles? Are you going to keep it a secret?
To be honest, I don't care about the anti-Bitcoiners anymore. Everyone has an opinion and you can't change people's minds about certain topics. I wouldn't be butthurt about someone posting anti-Bitcoin articles or even posting false info about BTC. We live in the fake news/fake info era and there's nothing we can do about it. Your donations are voluntary. It's up to you to decide whether or not to keep donating.
The internet is huge. You can get valuable content in tons of online places for free. I wouldn't rely on one news source or one source of content.
415  Economy / Service Discussion / Re: KYC methods which make identity theft more difficult - are they possible? on: December 17, 2023, 11:47:56 AM
I'm not the biggest expert in this area, but AFAIK, three online services are being used by most crypto companies for online verification.
Jumio, Onfido and ID.me(there might be more, but these are the most popular according to my personal experience). I can assume that these three verification services are the ones storing ID and selfie photos and they are required to keep them safe from hackers.
It would be a total nightmare, if all centralized crypto exchanges were keeping sensitive personal data submitted by their own users.
Anyway, I have no idea how to make KYC more user-friendly. KYC has always been a pain in the a*s for me. You can't make the process of sharing sensitive personal data "more user-friendly", because nobody wants to share his/her personal data over the internet.
It's like trying to make the process of going to a dentist more pleasant. Even if it becomes more pleasant, nobody would want to go to a dentist.
416  Economy / Economics / Re: Forces of Inflation: Turkey's Central Bank Boss Will Move In With Her Parent on: December 17, 2023, 11:18:33 AM
I was going through the local news channel in my country when I saw a notification popped up that left me in awe, it says that “Inflation Forces Turkey’s Central Bank Chief To Move In With Parents”. I was surprised to see the rate of inflation in the country now becoming very hard for the Central Bank Chief not being able to pay for a house in the capital city of Turkey, Instanbul.

If this is how bad the inflation rate has increased, what will be the fate of the less privileges living there? They will be living with a lot of debt, struggling day in day out to get something as little on their table to fend on. If this is the case in Turkey currently, is inflation imminent to take place in other European countries in that region. I hope we are not heading into inflation soon again.


https://www.channelstv.com/2023/12/16/inflation-forces-turkeys-central-bank-chief-to-move-in-with-parents/amp/

Nope. The inflation levels in Turkey have nothing to do with the inflation levels in "other European countries in that region".
The monetary policy of the Turkish central bank was stimulating high inflation for years(because Erdogan thought that low interest rates are good for the economy). Turkey has a negative trade balance(import is bigger than export) and the foreign investments are declining, because the economic situation in Turkey seems unstable. Having a negative trade balance in combination with a budget deficit are two major factors, that contribute to higher inflation.
417  Economy / Gambling discussion / Re: La Liga (Spanish League) Prediction Thread 2023/24 on: December 17, 2023, 07:46:07 AM
Robert Lewandowski is getting old(AFAIK he is 35 years old) and Barcelona has to find a younger central striker.
Lewandowski can't maintain top performance at such age.
Barcelona's defenders are clearly a failure at this point of the season, which is surprising. The strong defensive play of Barcelona secured the La Liga trophy in the previous season. I also hear rumors about tensions between Xavi and Barcelona's president Joan Laporta. Barcelona's sporting director Deco is also having some kind of feud with Xavi. I hear rumors that Xavi might be replaced with Rafael Marques.
Barca had a series of humiliating defeats against Girona and Antwerp. There's something going on in the Catalonian club.
418  Bitcoin / Bitcoin Discussion / Re: I finally sold my computer and bought bitcoin. I don't regret . on: December 17, 2023, 06:59:16 AM
I sold my computer and bought about 0.006 bitcoin.
For the rest of money, I saved them in my bank account.
I hope this decision is right.

It seems that everyone is optimistic about the Bitcoin price and the forum got full with Bitcoin noobs posting meaningless forum threads. Grin
OP, nobody gives a damn about what you sold and how many BTC you have bought. Just do your thing and good luck with your Bitcoin journey. This is a really tiny amount of BTC. Do you expect to become a millionaire overnight by making such "grandiose" Bitcoin investment?
Just keep HODLing your coins and don't panic, when the price crashes(it will crash sooner or later). Don't get involved into any "crypto investment" schemes offering your ridiculous profits and don't get involved into crypto day trading. If you keep this advice you will be fine.
419  Bitcoin / Bitcoin Discussion / Re: Google is preparing for Spot Bitcoin ETF on: December 15, 2023, 11:15:10 AM
In anticipation of the approval of Bitcoin ETF, Google is adjusting its guidelines for crypto-related products. Before now Google had been very strict on crypto-related advertising on the platform because of concerns for fraud and misleading promotion. However, it seems they are gradually adjusting these policies to reflect the increased mainstream or institutional adoption of Bitcoin.

From January 2024 Google will allow adverts on financial products that allow investors to trade shares in trusts holding large pools of digital currency known as "Cryptocurrency Coin Trusts". With this change in policy crypto coin trusts could run ads on Google provided they register with the SEC. This subtle adjustment of ads policy is an indication that they are preparing for Spot Bitcoin ETF.

Investors buying shares in crypto coin trusts? Sounds like some centralized sh*t to me. It's like we are back in 2017, or back in the "Bitcoin futures trading era" as I like to call it. Investors don't need financial derivatives, they should buy BTC directly.
Anyway, Google can advertise whatever they want. I don't know about a clear correlation between this change of the Google Ads policy and the Bitcoin ETF approval. I don't believe that some high tier Google executives have insider information about SEC approving the Bitcoin Spot ETF.
420  Economy / Gambling discussion / Re: Do you think that this is aperfect analogy of how gambling addiction starts? on: December 15, 2023, 07:14:06 AM
Read this transcript of Andreas Analogy of how gambling addiction kicks off and tell me if you think he is right or not. Basically, your opinion.

Gambling is a tax for people who don't understand the mathematics of probability. If you understand how probability works,  you can't ever rationally gamble. The only reason you would gamble is if you decided, "I am going to lose money; the fun I have while I am losing money is worth it." "I am paying a fee for temporary fun." But most people cannot do that. Once you become drawn into the game, the gambling process triggers these responses. You start getting confirmation bias, selection bias, and survivor bias. These are known cognitive biases. The person who wins thinks they were lucky, but they don't think about all the times they lost. As you are doing this, it is triggering your dopamine centers.

I agree with most of these statements. Another thing that contributes to the gambling addiction is a variation of the "sunk cost fallacy" or when a gambler starts "chasing loses". The gambler loses a big amount and he believes that luck will somehow return to him and he will magically get back all his loses and even get some profits. This is pretty close to delusional behavior.
I've always wondered why lottery is being called "a tax for the stupid" while nobody is calling gambling a "tax for the stupid". Grin
Maybe gambling should be called "tax for the delusional". That doesn't mean that I'm anti-gambling. Gambling games exist for centuries and they will never cease to exist. The people should play gambling games, if they find fun and excitement, but they should gamble moderately and with caution.
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