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4181  Economy / Gambling discussion / Re: Win a Presidential plane... on: January 23, 2020, 08:59:11 AM
Mexico could raffle his presidential plane, the idea is to sell 6M tickets of $25 dollars each one, and the winner gets a presidential plane evaluated in $130 million.

This crazy idea is because the Mexican president wan to sell the plane to spend the money on other projects.

What do you think would you buy a ticket?

Sources:
https://robbreport.com/motors/aviation/mexico-may-raffle-off-presidential-plane-2893600/
https://www.theguardian.com/world/2020/jan/17/mexico-amlo-presidential-plane-raffle


Interesting.
But why not get more people(like 130 people) to be winners of the plane? At least the winners could sell the plane and share the proceeds.

If they can sell the plane for that amount, they could split the money to the winners.130million split into 130 pieces, would be a million dollars for each winner. One million dollar for 130 players is quite a big amount for any kind of gambler.
By the way, how transparent and fool-proof is this? What is the guarantee that the plane won't be unfairly allocated to a preferred "winner"?
4182  Economy / Gambling discussion / Re: Is there any gambling site that allows betting directly from the wallet? on: January 23, 2020, 08:02:36 AM
I have seen couple sites or decentralized applications with this feature. But I would rather use applications like metamask on such platforms rather than importing my private keys.  I wouldn’t advice the use of private keys on any kind of platform unless you can afford to lose your coin or you're using trusted platforms
4183  Economy / Gambling discussion / Re: betting exchange or regular sports book on: January 23, 2020, 07:45:20 AM
I do not really know the  difference between the two, but the crypto exchange example makes this sound like player vs player platform or something similar. If such exchanges don't mind your winnings, it's probably because you are not betting with them. I guess that type of betting exchange is not very popular due to  lack of adequate players on regular basis
4184  Other / Off-topic / Re: Any motivating experience? on: January 23, 2020, 07:09:40 AM
The current condition of the world, cryptocurrency/Blockchain principles and the great impact those will have in the future are what keep me going. Sometimes I try embrace the real world and pretend as if all is well but when I imagine what the world will end up as, I crawl back into crypto world in horror
4185  Economy / Trading Discussion / Re: My personal challenge: $1,000 to $1 Million on: January 19, 2020, 04:29:06 PM
Better you use a trusted site for this if you really want people to follow or monitor your progress. Not a good idea to click on links posted by newbies who have nothing to lose here. Besides, there should be ways to verify that what you post on the site are true. You should also be prepared to update this thread regularly otherwise people may lose interest.
4186  Bitcoin / Bitcoin Discussion / Re: Why is PETER SCHIFF wrong about Bitcoin ??? Could you win a Bitcoin Debate ??? on: January 19, 2020, 03:50:13 PM
I wondered how a crypto person would say these things. Then I googled the name to be sure, and I noticed he is a popular non-crypto personality.

Why does he think Gold is more valuable by the way? He probably need to understand that many informed people find Bitcoin/Blockchain very valuable, just as Facebook or telegram is very valuable to many. These are some of the features that make real cryptocurrency  incredibly valuable:  immutablity, censorship resistant, decentralization, transparency, trustless, permissionless, anonymity,.etc... You can literally create very successful autonomous communities out of these with little to no long-term consequences. If you remove most of this very important features, a Crypto will lose much of its natural value whether it's is high in price or not.

I think crypto will eventually be backed by physical assets to add to its value. Such assets don't necessarily have to be gold.
4187  Bitcoin / Bitcoin Discussion / Re: Do you record and preserve Bitcoin history? on: January 19, 2020, 02:54:48 PM
Guess you mean "unborn children". Clone sounds a bit creepy.
Well, I think archived things are best stored decentrally. Am not too comfortable with the centralized solutions. But I still manage them for now.
There are couple of decentralized alternatives am not sure work today. I have used one few times but don't think it's something I can depend on too.  Others are not very easy to use.
One of my most reliable ways of storing such things is having very important ones stored offline on my data storage devices just incase something happens to the internet.
4188  Economy / Economics / Re: Stance on bitcoin's effect towards the Global Economy on: January 19, 2020, 10:44:31 AM
I have said this before, and I will say it again, the existence of bitcoin or crypto alone won't help a failing economy.

^^ True.

The biggest benefit I believe bitcoin has on the global or state economy is that it represents a viable alternative that isn't state controlled (same applies to nearly all crypto currencies). So when a Nation's economy is on the bring or if residents/citizens aren't happy with their Nation's political position they have an option, that's completely removed from any geo-political influences, to preserve their wealth...to vote with the wallet. To watch out for themselves first.

This utility, as an alternative currency option, also serves as an omnipresent threat to Nations, Governments that if they start to rule recklessly their people can abandon their currency, adding pressure to the Government's ability to stay in power.

Exactly.
I believe crypto will eventually humble the politicians. It could make politics (which is where the powers and monies are) less attractive to people who never really want to serve. Once abuse of powers and common wealth become a very difficult/risky thing to do, they will most likely give way for the real leaders
4189  Bitcoin / Bitcoin Discussion / Re: Bought this stuff with Bitcoin, great way for people to become aware of Bitcoin on: January 19, 2020, 10:03:18 AM
If you tell people that you bought stuff in the internet or even in a shop with Bitcoin, people will become aware of Bitcoin, more so if the stuff that you are showing them have value when you bought it with fiat money, what do you think about this?

Good idea.
Values  like "very attractive" things, I guess.
Well, people need to have strong reasons to use Bitcoin/crypto. I think these need to be part of the reasons:  sound/safe money, better security, gives you control over your money, transparency, better marketplace/stores, decentralized insurances, etc
4190  Other / Off-topic / My problem with the use of lethal weapons on: January 19, 2020, 09:04:43 AM
Actually I have a lot of problems with lethal weapons usage. But my main problem with them is the "taking of lives" part.

Why not use the most effective non-lethal and cheap  weapons instead? You get the "job" done with them too, right ?  You immobilize a criminal, send evidences to the police and get justice... Isn't this good enough?
4191  Economy / Gambling discussion / Re: Is it good to talk about big gains? on: January 19, 2020, 08:55:36 AM
If I could attract people to a certain profitable platform then why not? Because if the platform is providing me profits, they deserve to have morw adoption from more people. Playing when I am the only one becoming happy is not being happy at all, playing while your friends are also enjoying is one of the best bonding youa dn you're friends could possibly have.

I guess the casino has to be actually more profitable before announcing it to them. I will probably tell them that the casino is more profitable for me & possibly teach them how I win, without revealing the actual amount I won. They could get pissed if they end up not winning.
4192  Economy / Gambling discussion / Re: Anyone here dream of achieving their financial goal in life through gambling? on: January 19, 2020, 08:03:42 AM
For people who does not have enough income to live a comfortable life, we try to find ways to end the struggle, we take big risk to gain big rewards so if we will be successful, we don't need to work anymore and just enjoy the rest of our life doing the things that we can't do due to lack of money.

are you one of the people who dream like this?
It is wrong to assume that you can reach your dream to become a rich person in gambling because only owner of a casino have become rich with gambling because all of our losses will go straight to their pocket. Unlike, gamblers it is really easy to win a huge amount of money in gambling, but sooner or later you will began to lose all of those winnings unexpectedly, that is why no one have became rich with gambling because they save their winnings for their neccesities.

Exactly, gamblers are hard to become wealthy because gamblers need to have the luck to win the money. But the owner of a casino will have the biggest chance to become rich. We can be rich people by doing another thing besides gambling, and if we can save money and making an investment, we can have wealth too.

Most people want to have financial freedom, but many of them don't know how to get that, and they try to playing gambling to get the biggest winning. But only some of them can win that money because the rest of the people cannot win in the gambling games and they cannot become rich from gambling.


Wish or hope that combining staking with good gamblings is a good way to handle the "winner & house carry it all" problem in gambling. I have seen some cryptocurrencies offering the staking and gambling on their gambling dapps. Wonder if that works for them, or they already have challenges due to the condition of the crypto market.
It can actually be a nice way for serious gamblers to earn extra income while gambling
4193  Other / Archival / Re: Ever played at any of these casinos? on: January 19, 2020, 07:41:01 AM
Has anyone ever played on these casinos and if so which was your favourite one?

Let us know what the 10th casino should be in this list and we will look into adding the best one! We are always looking to find the best new casinos for gamers across the globe!

Check out the link here: https://bitcoinchaser.com/casino?utm_source=forums&utm_campaign=top%2010

You have a long list.
 I didn't see some that are quite popular here on the list though.
I guess you should note those that are on signatures too... Probably try them all out and see which ones are worth Including.
4194  Alternate cryptocurrencies / Altcoin Discussion / Re: Learn How TO Create Cryptocurrency Now on: January 19, 2020, 07:13:46 AM
You mean teach people how to create cryptocurrencies like those you mentioned below? That sounds like you want to teach how to create already existing coins. Newbies will probably misinterprete it

Quote
In my youtube channel i will be teaching people how to create any cryptocurrency, namely bitcoin, dash, litecoin, Monero, Ethereum etc.

I've checked it out. Will probably watch (& subscribe) later if I remember.
4195  Other / Off-topic / Re: your internet costs and income on: January 19, 2020, 06:16:14 AM
This's nice way of reasoning.
Fortunately I try to spend most of my time on productive/useful things. I don't use social media too much except for viewing things that actually help others & me. I have since reduced, deleted or stopped visiewing things that aren't really useful for most of the people visiting them.

I prefer using applications or visiting sites that consume less data whether I can afford using/visiting them or not. I use lite trading apps for most of my trading on exchanges. I sometimes visit the exchanges websites on my laptop when I need to do some data consuming tasks.

Well, I believe what I spend monthly on data is worth it.
4196  Alternate cryptocurrencies / Speculation (Altcoins) / Re: How to maximize profit on: January 17, 2020, 06:04:50 PM
*few half a Bitcoin*? like multiple 0.5BTC or less?
Depends on you. Can you afford to risk that amount of Bitcoin? If no, I will suggest you trade only part of the money. You keep the remaining part in stablecoin and use parts of that for buying more coins whenever price drops significantly. When price goes up, you sell the amount you bought and move it back to stablecoin. This should give you some reasonable profits if repeated multiple times.
I don't recommend trading with all you have unless you can afford to lose that.
4197  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Cielo exchange: is anyone withdraw funds from here? on: January 17, 2020, 01:02:00 PM
There are few information online concerning the exchange. I wanted to refer you to the exchange Twitter page, or telegram group, but didn't find much. Would have referred you to its forum representatives but it seems not to have a forum announcement thread or any presence at all.
4198  Economy / Economics / Re: What if crypto vanishes? on: January 17, 2020, 12:32:05 PM
At least it never crossed my mind. That's too far from reality because bitcoin is too big to fail. The worst possibility could be the demise of an internet connection, but what kind of thing that causes the internet to fail worldwide, that's pretty much impossible. Even if the Internet dies nowadays there's a way to send it via sms or satellites. So long as people have their own coins it should be fine.

It could actually fail in many places (even internationally) at the same time. But if we have many nodes like say hundreds of thousands or millions of properly distributed nodes across the world, the likelihood of all nodes getting affected will be minimized.

In my opinion, it's important that many people have their own nodes. More nodes slow things down though with the current design.  A better design would be few elected nodes confirming transactions and many other nodes performing checks and balance.
4199  Alternate cryptocurrencies / Altcoin Discussion / Re: Are mainstream events linked to crypto's price movement on the market? on: January 17, 2020, 10:30:39 AM
Probably caused by whales switching between the two worlds? I guess it's more obvious when few whales do the switching in short time or when regular people (plus whales) switch in large number in response to news/fundamentals. I think the latter is safer for the market. Things could improve when a crypto ecosystem is more developed in the future with increased mass adoption.
4200  Alternate cryptocurrencies / Altcoin Discussion / Re: Europol Might Hinder Monero's Progress on: January 17, 2020, 09:42:16 AM
I guess Monero community/ecosystem wouldn't be bother about this if it had a robust decentralized community. A decent cryptocurrency should have the appropriate decentralized community that can handle any challenges. A robust community should probably have a safe and very decentralized way of penalizing people who truely break "good" rules/laws. In my opinion, having a true decentralized community would make things hard to abuse by the authorities.
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