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421  Other / Off-topic / Re: The Pun & Fun Thread on: December 11, 2020, 09:39:03 AM


Never trust an electrician with no eyebrows
422  Economy / Gambling discussion / Re: What's in the game, after all? on: December 09, 2020, 08:14:37 PM
Locking this topic for the time being
423  Other / Off-topic / Re: The Pun & Fun Thread on: December 09, 2020, 08:09:00 AM


A new year resolution is something that goes in one year and out the other
424  Other / Off-topic / Re: The Pun & Fun Thread on: December 07, 2020, 06:06:16 PM


I tried looking at life through the eyes of a child, but then the child wanted his eyes back
425  Economy / Services / Re: ➤ Top-notch Cryptowriting & Eng⬄Ru Translation Services [AVAILABLE] on: December 07, 2020, 04:09:52 PM
Hi there,
could you PM me your price list for translations? Thank you in advance!

Done
426  Economy / Gambling discussion / Re: Mind Blown Gambling Facts on: December 07, 2020, 11:00:31 AM
When you won $40 million and no one dares to play with you, isn't it a perfect time for retirement?

Yeah, you retire straight to dice

But seriously, if you have been doing something through your entire life (let's call it your true calling) and got quite good at it (money being only your secondary priority), how do you expect to quit and switch to something totally different? As I see it, it is next to impossible in practical terms. Maybe he should have started teaching poker, written a book or something. But then again, it might not be his cup of tea at all
427  Other / Off-topic / Re: The Pun & Fun Thread on: December 06, 2020, 11:57:53 AM


A computer once beat me at chess, but it was no match for me at kickboxing and base jumping
428  Other / Off-topic / Re: The Pun & Fun Thread on: December 04, 2020, 07:33:18 PM


Just moved to Iraq and started a wrecker service, it's called camel tow
429  Other / Off-topic / Re: The Pun & Fun Thread on: December 03, 2020, 04:06:45 PM


For a limited time only, Walmart is giving away free stuff to anyone who can outrun security
430  Other / Off-topic / Re: The Pun & Fun Thread on: December 02, 2020, 10:53:31 AM


How do you make holy water? You take water and boil the hell out of it!
431  Other / Off-topic / Re: The Pun & Fun Thread on: November 26, 2020, 09:36:09 PM


There's a "lie" in believe
432  Other / Off-topic / Re: The Pun & Fun Thread on: November 25, 2020, 09:02:10 PM


An alarm clock going off is a time bomb
433  Other / Off-topic / Re: The Pun & Fun Thread on: November 24, 2020, 08:17:04 PM


Don’t get bitter, just get better
434  Other / Off-topic / Re: The Pun & Fun Thread on: November 23, 2020, 06:07:28 PM


Water is heavier than butane because butane is a lighter fluid
435  Economy / Services / Re: [OPEN] Stake.com Signature Campaign | Legendary Only | 25 Slot on: November 21, 2020, 09:13:09 AM
Bitcointalk Username: deisik
Profile Link: https://bitcointalk.org/index.php?action=profile;u=156665
Post Count: 24174 (as of this post)
Forum Rank: Legendary
Wear Signature& Avatar: Will update on acceptance
Stake Username: deisik
436  Economy / Gambling / Re: WOLF.BET - $1,000 Daily Race! 30% Rakeback! Advanced Dice Game 2.000 Bets/s⚡ on: November 20, 2020, 11:42:46 PM
For the inquiring minds, here's my setup uploaded to Google Docs (the last one I used):

https://docs.google.com/spreadsheets/d/12lyrm0eUQU5Sdzydvc9vbknD5ep6qeR50KIMFT1LJFU

As you can deduce from the balance, I was able to survive a losing streak up to 34 rolls, give or take. As my balance grew, I continually augmented the increase on loss in order to squeeze maximum profits from this martingale system. I had been using it for a couple of months and started with free dogecoins
437  Economy / Gambling / Re: WOLF.BET - $1,000 Daily Race! 30% Rakeback! Advanced Dice Game 2.000 Bets/s⚡ on: November 20, 2020, 07:52:20 PM
Although I didn't use a dice bot and profits weren't that bad either, I should admit it was very psychologically exhausting and stressful. Deep down inside you understand that even if on average the chances of busting are low, it doesn't in the least mean that you won't bust. With that said, it was still a good experience anyway since it offered a lot of insights into what random truly is and how you can leverage it in real life (more specifically, variance and statistical outliers)

Well with that you can handle a very big red streak. What was the worst streak you had?

Let me see

I started at 37% win chance, and I once was a couple rolls short from busting, so it was like 32 reds in a row. Ultimately, I raised the win chance to 42%, and the worst I saw was like a few streaks of 27-28 losing bets. I don't know why, but it felt like variance was getting out of hand with chances below 37%
438  Other / Off-topic / Re: The Pun & Fun Thread on: November 20, 2020, 07:13:57 PM


Keep calm and come first
439  Economy / Economics / Re: A couple of interesting charts about Exchanges on: November 20, 2020, 06:47:12 PM
That Bitcoin (not speaking of other cryptocurrencies) is primarily used for speculation (with Dogecoin for gambling as an exception to the rule).
Speculation and as a store of value/investment kept in private wallets.  I agree, very little bitcoin is actually used to buy things

I'm totally okay with speculation

In fact, I'm okay with active hoarding too. Active means you make a living out of it -- sell the bull, buy the bear, and live the spread, then rinse, repeat. If the price goes up without major pullbacks, as is the case now, all the better for your stash. But what's in it for the top dogs? I'm not sure if the narrative of "a new gold" explains it, and I don't buy it. Basically, it's free money for us, mostly holders and sometimes spenders, at their expense. So where's the catch? Why are they doing this to us? What are they really trying to achieve by buying Bitcoin?
440  Economy / Economics / Re: A couple of interesting charts about Exchanges on: November 20, 2020, 04:26:36 PM
This time the price is rising because institutional money is coming, with a different time horizon, not hours/days, but months/years. On the offer side supply has been limited not only by the halving, kicking in Stock to Flow dynamics, but from a lack of “weak hands” willing to offer their coins on exchanges

And it doesn't bode well

Okay, there's no more weak hands left on the market, but what's the point? I mean hoarding Bitcoin for the sake of hoarding it is pretty meaningless. If we consider Bitcoin a store of value, it should, well, store value and that means liquidity, i.e. being able to liquidate your position without crashing the price. But as prices go up, they become more and more fragile, and it turns into a game of musical chairs, with chairs constantly being removed, until "institutional money" thinks enough is enough and dumps their coins on our heads (triggering an avalanche of liquidations)
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