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July 04, 2024, 06:03:29 PM *
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401  Economy / Gambling / Re: Why not create a Gambling platform on Market narrative? on: April 07, 2024, 09:54:02 AM
There is a website called BetMoose and it is based on such topics like presidential election result, Oscar results, who will win some war (God Forbid). It is filled with Canadian locals from what I have understood and is not much famous in this forum.

However they have a ANN thread here - https://bitcointalk.org/index.php?topic=645747

Check them out - https://www.betmoose.com/

I guess they never got into promotional campaigns ever on this forum and hence they are not that popular. You never know they can start talking about Narratives there too.
402  Economy / Gambling / Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest on: April 07, 2024, 09:48:24 AM
- A few months ago, it was said around here that changing Freebitco's database would be too expensive.
It might be the case but the developers should look into this again. Segwit has been here for sometime and fees suddenly cranking up like a wave is nothing new, so this might help as a method to cut down fees during such times. However I cant speak for them for what the owners have in mind.

Since most of us have switched to SegWit wallets and the legacy wallets are lying there collecting dust, having to withdraw back to the legacy wallet and then send to the SegWit wallet is a two step process which can essentially be reduced to one.
403  Bitcoin / Bitcoin Discussion / Re: Would you advise a friend in the same way? on: April 06, 2024, 11:10:11 AM
You need to stop giving advice to other people be it friends of family. You are doing it out of your goodwill but people will take your for granted and pin their losses on your head.

I would only advice my close friends about what bitcoin is, how it works and how one can make money from it and keep themselves from the scams surrounding bitcoin. I would not ask them to invest their paternal company balance into bitcoin, that is suicide for many.

Always maintain a neutral stance when discussing financial concepts.
404  Economy / Gambling discussion / Re: Land Based Casinos in the Digital Age on: April 06, 2024, 11:06:57 AM
In our country some land based casinos exist in one specific state and for that it has become a tourist attraction. People go there once a year to have fun and that I believe is acceptable. Not being an addict helps, you have fun and enjoy your time with friends and some good food and drinks and gamble at the same time. They have events happening everyday and hence it is an all gala evening.

That is the beauty of the land based casinos over the digital ones. The physical feel is there and the vibes are present. They will have a niche followership and continue to grow.
405  Economy / Scam Accusations / Re: Crypto scam on: April 05, 2024, 03:23:33 PM
Thanks all. I wanted to give crypto a try and I got scammed. No never again.
Sorry but you took the wrong method of trying out crypto. You were looking for quick gains and when your greed got over your head, you started making the logically wrong steps of depositing on a scam site and falling for the old "deposit to withdraw" trick.

The members of this forum are very active in speaking out against such scam and if you would have made a thread here about information regarding this site, I am sure many would have chimed in with their comments and your money would have been saved.

If you quit now, you are going to leaving out on this upcoming and developing financial sector, but ultimately it is your choice and decision to make. It is just that I feel bad seeing someone get left out form crypto just because of their own mistake.
406  Economy / Gambling discussion / Re: What is your worst nightmare in a casino? on: April 05, 2024, 03:19:10 PM
I remember the first time I submitted my passport as one of the KYC documents, I was really concerned but then, it meant that I either submitted it or let go of the amount I won from the slot game.
Inherent risk of having our money held at ransom at the cost of our personal documents. Indeed such things are bad things about online casinos and I dont see any good way out from this situation. The worse thing is that it can happen with anybody, but law abiding citizens are usually not getting into trouble, but you never know.

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Do you think a way to reduce the probability of this risk is to stick to only 2 or max 3 crypto gambling websites since using more than of these websites means that you are exposed to more risk of your data being leaked?
It does not make any difference in my opinion. One site getting leaked is enough to get your info on the dark net and to those who need it for unscrupulous needs.

Best thing would be to avoid gambling, which is possible but difficult for the members of this forum. Cheesy
407  Economy / Gambling discussion / Re: Going all in and losing the bet on: April 05, 2024, 03:14:00 PM
The All-in/Max-bet button is also known as the rage-quit button in many casino troll boxes and it does work that same way as well. Grin

You see, whenever a gamble is raging over their losses specially in an EV- game they will attempt to do their level best in trying to win back what they lost. This is fueled by the fact that they are guilty of their own actions and also because they dont want to return empty handed. So the chance that they are willing to take with their money by giving it a final stand is through the all-in button.

Of course this has rarely ever lead to a recovery, but losses only. Try your best to ignore that button as much as possible.
408  Economy / Gambling discussion / Re: Gambling friendly countries on: April 04, 2024, 01:52:27 PM
I can relocate to avoid war, I can relocate because of my business, I know someone who relocated because of crypto mining, he is a friend from China and he moved into an African country, these are worthy because you keep on making that money like you always do, but not in gambling.
A logical explanation indeed. With gambling the only way to make money would be to be the casino, so if the OP has the intent of owning or building a casino there, by all means go forward with it, I would even invest in it if they are able to follow through. But playing there just to avoid the taxes in other countries does not sound so bright.

The thought process of gamblers need to change from being a degen to being the person who creates more degens who will pay you, thats business. Cheesy
409  Economy / Gambling discussion / Re: Investing in casinos: Still a thing? on: April 04, 2024, 01:47:35 PM
Though, since we are talking about something I read more than five years ago, I cannot say whether it is 100 percent accurate or not.
Freebitcoin would be a better casino if they also gave some love/attention to their user interface in my opinion, it looks a little bit outdated for my personal taste.
When it comes to investment schemes, none of the new casinos allow it. Previous casinos back in the day like YOLOdice, Just-dice and so on where accepting investments and were very much engaged in the community here for getting investors. Those days are gone now and most casinos only have their owners investing and not opening to public. Hence the ones who still accept will be a bit outdated - old is gold here.

You would have to message Leo to see if BAB and Bustadice are still accepting investments. After the sale of both, he might have made a couple changes.
They are accepting like always.

And I closed my investment in bitvest in 3months, I dont what they are doing wrong, but I seem to be giving away more than what I am making there.
410  Bitcoin / Bitcoin Discussion / Re: What's the view of an average citizen About crypto currencies on: April 04, 2024, 01:43:10 PM
This is what often happens among the public, lack of information about Bitcoin and continuing to have opinions about Bitcoin, so that sometimes and even makes Bitcoin look scary with the risk of losing it,
Bitcoin is something of an enigma to the common people and those who have no exposure to it. But we as a community can help people understand and demystify this enigma to a simpler form without going too much into technical details. That can increase the acceptance and use of crypto but a big impact would be the government's stance on crypto because people fear legal troubles when investing their hard earned money.

There are people who are staying away from crypto but the reason for same needs to be clarified first and then we can tackle those points better.
411  Economy / Economics / Re: Irresponsible spenders consumes their retirement resources and losses values. on: April 03, 2024, 05:11:55 PM
There could be a lot of reasons of why that person acted like that, not going into those details, I think we should let people be as they are, because we dont know what they have gone through.

We might be completely right or grossly mistaken on our assessment on the internet here. Let them spend but we should focus on what we spend and try to moderate that. Dont use this person as an example of how people commonly spend because they dont, most people are getting careful of spending and saving than ever before.
412  Economy / Gambling discussion / Re: Can you stake on a potential(obvious) loosing team just for love? on: April 03, 2024, 05:04:38 PM
yeah right, better to stop betting and just enjoy the game with good food and acquiantance, right? kidding. Of course we can't do that because it's more exciting to watch the game and supporting a team with some top up bet amount, so you have something to look forward at the end of the game but we need to be more cautious on the possible outcome of the game and don't expect something from the team that you support, just enjoy in your seat while having a bet.
Yeah no kidding there, gambling is serious business and when there is money involved, you need to have back up predictions to run that bet and not just your own fanaticism to blind you. If a person is being serious about their bets they would not take sides but go with their prediction homework.

Like I said, this the thing that has led to sports betting over the years to evolve into what it is today. So we cant deny the link between two, of course it exists and it exists in a bad way only the make the person lose money if not careful to get carried away by emotions.
413  Economy / Trading Discussion / Re: Anxiety in trading (heart disease) on: April 03, 2024, 05:00:18 PM
Traders who are afraid of experiencing losses are traders who do not fully understand how trading works, all traders must have experienced losses either because they were inexperienced or made the wrong decision or also because the market moved in the opposite direction very quickly.
Dummy trading helps to minimize these losses before real time trading begins. Most people dont use it at all or are not patient enough to do it.

In trading one will always face some losses. But speaking of spot trading these are only conversions of one coin to another and hence you always have some asset to sell in the market. In futures and margin you will completely lose money if you dont know what you are doing with it.

Hence spot is always safer than the rest. But the risk takers will prefer the other modes.
414  Economy / Gambling discussion / Re: Has this ever happened to you as a gambler? on: April 03, 2024, 04:56:08 PM
Even if all of those are huge factors that make someone to move towards addiction, most likely the very first mistake they commit are the false expectations they have out of gambling.
Gambling is a game of chance and is at best a type of entertainment. But the false image of gambling inside the brain of many common people is that it can be used to make loads of money. This is similar to stereotypes and hence needs to be broken and the reality put in front of these people.

However it is tough to stop such people when they addicted over time even if they might actually realize that they are having losses more than they win, it is too late.

They will deposit more and more and lose more, eventually ending up in debt and putting their entire family at risk. But this can be prevented very early.
415  Economy / Trading Discussion / Re: WHO DOES CRYPTO DAY TRADING? on: April 02, 2024, 03:02:02 PM
Crypto day Trading is definitely good sometimes,
More often it is not when it comes to day trading. Cheesy

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but you have to be very careful on it even when you seek opinions from orders because it may not work for you as you think If you will go into crypto trading, I would advise you to take your time and study it yourself, because I don’t see much profit in crypto trading daily because of the much risk In it
Opinions vary, one might work, another might not. Because we are not the ones who can see the future and hence we have to place predictions based on our own experience. But the general advice remains same, day trade if you can take that stress or go for long term holding if you have that level of patience and time.

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you may decide to pull out your money from the market and that is when coin will Pomp so is better you stick to the pattern you are already using that we best advice I would tell you because it is a risk.
You mean "pump"? Roll Eyes
That is the consequence of not being able to hold the money on the market. Nobody can predict when the high or low is happening but buying and selling if not done at the proper price timing, leads to losses invariably.
416  Economy / Trading Discussion / Re: Achieving a goal on: April 02, 2024, 02:57:59 PM
It seems you think trading can help you achieve that goal. Well there is possibilty but i dont think the time frame you gave is not enough to achieve it. Maybe you should decrease the goal to 50k then i can tell you what can be possible.
People should adopt a flexible time-frame instead of a fixed one. This also shows that people like the OP may actually be under debt having taken a loan to trade and is now trying to double the money. That itself is a big stress factor that can lead to the entire endeavor going south.

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If you are into trading just know that there will be losing and winning but if you want to avoid this, ill advise you to invest your money in btc. Them wait till the end of the year. So much will happen by then and you will be a beneficial.
Indeed buying bitcoin at the low price and then holding on to that till it crosses all time high is a good option. But for this to be executed, you cant determine and fix a time frame, you have to flexible. Right now BTC is crashing after a bull run, you have to wait when to you, if you dont give yourself that time, you will not make money from trading but only end up paying some loan sharks.
417  Other / Off-topic / Re: How can we help beginners not to get addicted on: April 02, 2024, 02:53:20 PM
I doubt that beginners, before starting to gamble, will ask anyone for advice on how dangerous it is or how profitable it is. Nobody even wants to know about it, and then everyone gets experience and finds out that it is impossible to beat the casino. And even if someone collects enough information before playing to know their chances of winning, there will be those who want to check everything from their own experience.
People gamble to quench their thirst of making money, eventually they lose more and the by product is that they are addicted to gambling. With bitcoin the access to gambling and more so online gambling has been easy and thus potential gamblers are coming up to addicted gambling much earlier than expected.

Of course it is dangerous, but the enthusiasm to make money is often high and that clouds their reasoning. Added to this is some influencer who is spamming their referral link with promises of free money, those people are like the wolves who lead the lambs to death.

We can only make people aware of the good and bad of gambling and nothing more than that. It is not our job to correct their mistakes.
418  Economy / Trading Discussion / Re: Why most of Exchanges FAIL ? on: April 01, 2024, 04:18:22 PM
Be smart and keep your assets SAFE always use a Cold Wallet Your Keys Your Coins
Which is the only single take home message from this community but members have been saying this over and over again but the few people in the forum do not contribute much to the vast number of users attending these exchanges daily.

Hence whenever such shutdowns or scams happen, a large chunk of money from these users will be lost in limbo for the time being.

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Does this concern you ?
If you are regularly using an exchange then it would. But crypto is the wild west and these risks are common here unless something big happens or we see some regulation come in.
419  Economy / Economics / Re: Leadership and Economics on: April 01, 2024, 04:11:38 PM
We in the third world can attest to to fact that the underdevelopment of Africa can be traced to the kind of leaders we have had so far
Africa has huge potential of growth but its leaders and how its governments work, has only led its people to the worse. But situations are similar in most countries as well just the extent might differ.

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Leaders are those who lead and other follow so if you have a blind man as a leader, then your sure to fall into the pit
That is why we have elections to decide which among all the possible leaders do the public want as a majority? But that is a topic for another debate. I am of the opinion that the country can do what it wants with its politics and all but leaving those aside, our own personal growth is what we should focus on.

Like buying bitcoin at the proper time, keeping education ongoing, learning new skills to put to the test. Forget the government, develop your own self.
420  Other / Off-topic / Re: Is it possible to inherit a gambling debt? on: April 01, 2024, 04:06:54 PM
But unfortunately some people think experience is not important because they think they are smart enough and know what to do.
Experience will only teach you one truth - do not gamble if you want to make money and not waste it.

That if followed immediately corrects the question in the OP, if someone learns from gambling that it can lead to serious debts and bankruptcy issues, they would not gamble in the first place or stop it as soon as possible.

However most are unable to reach the conclusion and they ignore it and continue to play, endangering the lives of their close ones and next of kin. Most debt collectors in todays world are not that brutal but they try to persuade people and that can be scary. From a lenders point of view, such debt should be passed on to next of kin once they are old enough.
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