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4301  Economy / Gambling discussion / Re: What is your opinions about simulated reality games? on: March 21, 2022, 09:52:40 PM
Well, just like provably fair casinos, there must be a way for simulated reality games' developers to prove the AI created by them is independent and not manipulable by any third party interferences. If there isn't anyway to make sure of this, the possibility of being scammed by the house is high, so it's not advised to get engaged with these games.

In the end it is a category of games which rely on luck, similar to the classic and traditional virtual gambling dice, slots, plinko, roulette games, as all of them have their results decided by an AI.
4302  Alternate cryptocurrencies / Altcoin Discussion / Re: Coins with a potential like the Ethereum. on: March 21, 2022, 09:38:54 PM
Binance Smart Chain is the main rival of Ethereum, that is the one which has more chances of overcoming it. It's the battle between centralization and decentralization. Among decentralized networks, however, I don't think any altcoin can surpass Ethereum, due to the solid reputation and influence not only ETH, but also its developer, Vitalik Buterin, has built along the years.

BSC can compete at same level, because Binance is a very strong, popular and widespread exchange which has also gathered trust from investors.
4303  Bitcoin / Bitcoin Discussion / Re: Donating With Bitcoin on: March 21, 2022, 06:04:45 PM
One of my friends suddenly sent me a picture that showed a Mosque that they wanted to rebuild or infrastructure development, whether I want to participate in the donation or help them reach more people to get a donation. I see the details and have a conversation with that friend about their plans. I contact some of my other friends and cousins about the matter. Many of them are agreed to respond.

Why don't I open a Bitcoin donation campaign to reach more people? I know many peoples who work in the crypto industry. They also can donate here.
This thread never suggests you donate here or somewhere else with your cryptos. I want to remind you how we can implement Bitcoin or other Altcoins in our daily life. We can use the crypto industry in every possible way in our life. It'll open new doors of opportunities.

I think donation with Bitcoin is the best way to donate, really. That way you can follow where the Bitcoin goes. You can track the entire blockchain and the path your donation takes. I am sure there are many good and trustworthy donation projects, however, as history has shown, there is absolutely no use in trusting humans. No matter how good the cause, there will always be people who want to take advantage of the money.

With blockchain there is no need for trust. We verify.
True. Bitcoin is the perfect currency to make donations, as the receiver will never be able to lie or hide where the funds really went.

I've seen donations campaigns lacking this transparency factor before in my area. People leading such campaigns use to think they should reveal details and informations about the campaign's funds only to those they want, instead of doing this publicly.

Bitcoin solves this issue. However, once the money from donations is converted back to fiat in order to be used, we lose the trail of the funds again... So it's really disappointing in the end.

To prevent that, donations in btc should be used also as currency in btc.
4304  Economy / Gambling / Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest on: March 21, 2022, 05:40:11 PM
Meet the FUNToken Team at SiGMA Dubai!

From March 20-23, the FUNToken team is showcasing at SiGMA and the AIBC Summit in Dubai.

The team will be speaking and introducing attendees to XFUN, XFUN Wallet V1.0, XFUN Casino, and a lot more.

Follow FUNToken on Twitter to stay updated with the latest developments and announcements by the team at SiGMA Dubai!



I hope this meeting is going to bring positive consequences for FUN token, especially raising the demand and interest from gamblers and investors for the token. FUN needs more recognization in crypto scene.

It doesn't make sense for me the fact there are so many useless altcoins with huge support and a lot of enthusiasts on social medias, while a token which offer decent benefits for holders and has active development team behind, like FUN, stays in second plan.
4305  Economy / Trading Discussion / Re: An advice for newbies and plebs on: March 21, 2022, 05:15:35 PM
There is nothing sure on the crypto market .Look you are also saying that it might be the bear market on this year 2022 .I just don't wanna ignore you it could be the bear market .I don't loose my hope on any situation even the market is on more deep .However its a long time you are asking for waiting but i think it will be more better to find the entry point if we have .There are many strong crypto project are on the market and now we have web3,metaverse and many more .So that we need to research more and make an entry on good point except put our capital on idle.I think it is good to avoid day trading but we can really invest on good project for long term and i hope we can really get a good return .
I somehow agree with you. The best entry point is right now. It's too risky to wait for a possible dip in 2023 to start investing. Many people are always looking for the perfect bottom to finally purchase their first amount of bitcoin, but they are never able to do this, because bitcoin is never cheap enough for them and when they least expect, bitcoin enters a bull market again, so it's too late to invest.

Anyway, every investors should be prepared to start seeing profit in few years in worse case.
4306  Alternate cryptocurrencies / Altcoin Discussion / Re: What is the purpose of all these altcoins? on: March 20, 2022, 09:43:37 PM
And I am especially talking about those memecoins like dogecoin, shiba inu and those other coins that pump and dump in those shiba doge and those make up coin names?  There is zero purpose of these coins.  They had that squid game token I believe.  What is the purpose of these coins?  It literally sounds like someone creating a video game and making up coins.  The worst part is you have people buying these coins to most likely try to make a profit and then sell since rarely are these coins meant for holding.
Dogecoin was created a long time ago this memecoin hype. It was useful as tip coin and to pay cheaper fees when transacting money between addresses. The problem started after Elon Musk adopted it and then the speculation went out of control, shiba inu was created within so many other useless clones and people started losing money being lured by sharks like Musk through apparently innofensive jokes.

The genuine purpose of dogecoin was subverted into the purpose of scamming money through pump and dump schemes making use of a plethora of altcoins which are supposed to be funny.

I don't even know why ETH is a coin since its not like currency.
Why isn't ethereum like a currency?

Anyone can make up coins but why is anyone even buying any of these?
Because they were told by internet financial specialists to do this. Cheesy
There are financial companies selling their signals of which shitcoins altcoins people must buy to make huge profit. And the result of that are so many people losing their investments value in 50%, 80% or even more...
4307  Economy / Gambling / Re: Would you support a collective boycott of all Russian gambling platforms? on: March 20, 2022, 09:14:09 PM
Boycotting Russian products or gambling sites will not ease things up. This will further create hatred and Russians could be more aggressive towards the war. Instead, let's try the peaceful way, open up all the services, remove all the sanctions from Russians and ask them to solve the issues by talking. Good gestures by the world may do the trick and may bring this fire to a peaceful end.
Actually sanctions were made and boycott is being requested because diplomatic negotiations and conversations have failed. Your suggestion is what the world has been trying with bullies like Russia for many years already and the more good gestures the world has shown, the more aggressivity has been given back.

At this point, I can already understand people blaming Russia as a whole and everyone who has any kind of deal with them, because Russia is going too far and needs to be stopped. I think if russian gambling platforms don't want to be boycotted they should leave the confort zone, take the right side on this conflict and move their businesses to a decent country which respects sovereign foreigner territories.
4308  Economy / Speculation / Re: Why is the price of BTC dropping? on: March 20, 2022, 07:25:56 PM
Seeming decline in the price of Bitcoin is becoming a cause for alarm, because investors and intending ones will be skeptical, preferring to wait to see if there will be a balance.
Yes, investors look pessimistic. Market's fluctuations show this with its very low pumps that immediately are reverted once they happen. But at least bitcoin is somehow stable...

Although, the values of risky assets like the BTC tend to take a downward slope in the wake of the Federal Reserve making policy changes to more fiscally conservative. Also, measures enacted by the federal that are designed to control inflation have had a negative impact on the price of BTC.
That is it. Bitcoin is very likely suffering for this reason. It's the possibility making more sense for me. Money goes where the opportunity looks more interesting for the investor, which can be found by calculating the correct proportion between risk and profitability.

Though the rate at which the price of BTC is dropping, financial analyst and professional, Ric Edelman has urged investors to stay calm and not be in a hurry to sell of their BTC, assuring that there is a favorable look on the Bitcoin in the long term.
He went further to state that this is thr fifth time BTC price has fallen by 50% or more since it's inception in 2009.
A good advice, indeed. Bitcoin is a long term invesment, moreover investors shouldn't fear the future or panic sell their coins at this moment. Let's keep in mind crypto market works on its own time, that is different from the time we, investors, would like to see bitcoin's marketcap skyrocketing.
4309  Alternate cryptocurrencies / Altcoin Discussion / Re: Why NFT might become important in the cryptospace and the world on: March 20, 2022, 06:29:59 PM
I've never seen an unique piece of art in NFT environment. They are pretty common, so i think there is a clear overvaluation happening right now. The same art concept a freelancer designer can create for 10$ or 20$ at any site around, including this forum, is being sold for thousands of dollars in NFT format by some artists. It makes no sense someone is going to buy it and it's really suspect.

Moreover, virtual art can't be compared to physical historical paints, statues, sculptures and architecture. The effort, patience, skill and technique demanded are totally different. So I see no point in justifying the expensive price of NFT art pieces for this reason.
4310  Economy / Gambling discussion / Re: What will be the next big industry move? on: March 20, 2022, 06:08:09 PM
Therefore, gambling sites that want to hire celebrities as ambassadors must choose celebrities who can introduce their products to the public. In addition, the casino also needs to look for celebrities who come from countries that allow gambling to avoid problems that could occur in the future.

As long as the celebrity is aware of the product he is trying to promote, the casino can benefit and benefit as more and more gamblers from different countries may be curious about their platform. It is something that casinos need to be concerned about because that celebrity has a lot of loyal fans following that celebrity.
It's really possible this becomes the next hype for crypto casinos, lead by Stake, to introduce more and more celebrities to their marketing programs, because it gives crypto casinos a lot of extra advertisement through the gossip portals which reverberate the news. Famous and popular promoters attract famous and popular news sites to publish the news, containing the name of the gambling platform and many other details.

it means that by hiring a popular promoter, casinos aren't advertising their brand only through this person, but they also receive more advertisement and views through some of the most reputable and highly accessed sites in the world. It's a win win situation for casinos.
4311  Economy / Gambling discussion / Re: Brasileirão 2022 - Brazilian Championship Serie A on: March 20, 2022, 05:53:27 PM
The Serie A 2022 is almost here now with just less than one month to start.Last year was won by Atletico MG which had a whole lot of years without winning the Serie A in Brazil and the other teams couldn't keep up with them.I think that also in the upcoming 2022 season they should be one of the favorites along the usual ones here in the Serie A.I am somewhat disappointed by seeing Sao Paulo so far in the standings from quite some years now but I think they will come back.They are missing to win the Serie A since the year 2008 now.
Sao Paulo is showing solid results these days. They aren't the favorite to win, but they have a decent performance in Campeonato Paulista and Copa do Brasil, including a winning against Santos by 3x0 and against Corinthians by 1x0. I believe the main difficult for Sao Paulo is the lack of financial resources to invest on the team, but they still can expect something from the newbies coming from the club's training center futurely.

Also, Sao Paulo has the argentinian striker Jonathan Calleri, who is helping the club a lot, with 5 scores in 10 matches, including the goal which guaranteed the victory against Corinthians on the Campeonato Paulista.
4312  Bitcoin / Bitcoin Discussion / Re: Why Satoshi was dumb on: March 19, 2022, 11:00:48 PM
Back in 2008/2009 when Satoshi created/launched Bitcoin, he made the decision to 1) Have no premine 2) Never spent any of the coins he minted. 3) Disappear to eradicate himself as the last form of 'authority'. His reasoning probably being that nobody in their right mind would buy into a crypto that was unfairly distributed from the beginning, of which its creators would stand to benefit most and was controlled by them.
He was right in doing so, otherwise, bitcoin wouldn't be the success it has been being year after year. Bitcoin has the trust and reputation no other cryptocurrency was able to build, so I think Satoshi was pretty accurate and responsible on his decisions. I believe with dumb and naive you meant he wasn't greedy, and if that is the case, the world really needs more dumb and naive people around and less clever, smart guys...
4313  Economy / Gambling discussion / Re: Chess online? on: March 19, 2022, 09:11:57 PM
~

For every good chess player there is sure to be a more professional player, and even more likely a machine algorithm that calculates the possible outcomes of the game for dozens of moves in advance. Therefore the probability of winning in online chess also depends on chance. 
That is a possibility in any sports and games that at anytime the underdog will take the place of the favorite, but since you know the participants and follow the tournaments closely you increase the chances of winning a bet more than in another categories of sports betting, because in chess the chances are equal for both sides, what means skills will define the result for sure. Moreover, it's a 1 vs 1 game, so it's easier than predict a soccer match, for an example, where the result depends on 11 players. However, you will need to be lucky when betting on chess if you don't know the players very well...
4314  Economy / Gambling discussion / Re: Should Casinos invest on endorsement from celebrities on: March 19, 2022, 08:19:15 PM
Should casinos invest in the endorsement of celebrities just like what Stakes is doing or it's better to just stick with giveaways contests and maintain their reputation, we know we all know the high cost of celebrity endorsement should other casinos follow Stake's lead to partner or pay celebrities to promote them.
It depends upon the advertising budget they are having, there is nothing wrong in getting endorsed by celebrities as there is a lot of celebrities that gamble hard and these sort of advertisement would increase their user base among celebrities and Stake is not slowing down in giving away to their dedicated followers who gamble and i did not see any drop in that aspect.

I think budget is not in question here, Stake has been in the game for so long, they have survived so for sure they have a lot of money and that they can pay celebrity endorser.

It's that who is the endorser that they are going to get on board to be the face of the company?

Is Drake the right person to represent them? From what industry? Music or just entertainment as Drake works from that industry. Is Stake trying to lure personalities from that sector?
They must have done a deep research to find the best personality alternative to promote the platform, that ended being Drake. Marketing is a very creative area, where sometimes the decisions by the responsible ones for this sector don't make sense at first impression for many people, even though it brings impressive positive results for the brand/company after all.
In this case we can only speculate why they have chosen Drake. Probably it was because he is popular, has million of followers and is active on the gambling scene. I don't know if Stake is trying to lure personalities through this move, I think it's likely they are trying to make Drake's public aware of Stake and crypto gambling instead.
4315  Economy / Gambling discussion / Re: Gambling in METAVERSE on: March 18, 2022, 08:58:55 PM
What are your thoughts on gambling in the metaverse world, where you and a friend are playing at a table, but it's online, and you're sitting next to each other, but you're from different countries? Isn't it sound cool? Well, it felt cool to me. I don't know if this type of site exists or not, but in the future there will definitely be a gambling world in the metaverse. And I really want to experience that. I hope that technology comes soon.
It would sound cool if the experience was realistic as if we were really there as human beings, like we can watch in some movies depicting the metaverse ("Surrogates" with Bruce Willis, for an example), and not some ugly cartoonish avatars which are already present on the most basic games since the beginning of 2000's decade.
I doubt most gamblers, especially the wealthiest ones will fall for this "technology". Maybe young people will, because they are prone to accept anything that is proposed to them, but that doesn't have a huge impact on the industry for now anyway...
You have a point, however at some point there is a generational replacement and those youngsters will become old people with a lot of money and that is when we could see massive profits from those metaverse casinos, so what they are doing now is planting the seeds so they happen to be one of the big players of this industry in the future, it is a long term approach but since it is almost a certainty this will be the future of gambling then they need to invest now so they have a chance to capture that large audience in the future.
Metaverse will work futurely for real once technology reaches a point where it will be able to reproduce body and mind's sensations we have in physical world inside the virtual world. Without this kind of "feature", there won't be any attractive to show people the called Metaverse is superior to any console or computer game.

Maybe you are right and what we see now are already seeds being planted for the future. But in fact, most of these seeds are being sold as "magic beans", which isn't the case. That means there are lots of scammers around, so investors and enthusiasts in general must be careful.
4316  Economy / Gambling discussion / Re: Brasileirão 2022 - Brazilian Championship Serie A on: March 18, 2022, 06:57:18 PM
I think that Flamengo might be the winners of this season this time because you know, they really played well last season. I was really impressed to see them play football at such a high level.

And Gabriel Barbosa played really well for the team. In the mid-field, Giorgian de Arrascaeta is someone who can cause some great havoc for the opponent team. I would really like to see them win the title this season. But they will certainly have to face some really good fights from their opponents.

[moderator's note: consecutive posts merged]
Yes... Flamengo in general is a good team and has always been competitive in the competitions it participates in Brazil.

Gabriel Barbosa aka GabiGol is a monster, and he's an excellent player, it's a good weapon that Flamengo can use in their games!!  Grin Cool
They are right, GFlamengo is not one of the best teams in Brazil, but we cannot leave Santos aside, for me it is also one of the best, many famous players have passed through, and they are all of impressive quality, yes for now the Brazilian League is at a high level, I think that with Flamengo they have or have improved much more in recent years, in the participation of the Copa Libertadores the Brazilian teams have been a total example for everyone, they are the ones that have always mostly dominate this tournament, for me particularly both Flamengo and Santos is where the best players come out.
Flamengo is the richest club (2,692 billion of reais) and the one with most fans (40 million people), so indeed they have a lot of money to invest and a huge fanbase to support the club. They have some weak seasons, but in general Flamengo is one of the strongest brazilian teams with a decent tradition along the years.

It's true many stars came from Santos, like Pele and Neymar, but I think the team isn't in a very good position right now, because they are in third on their group in Campeonato Paulista, with 11 points only, behind less popular clubs, Santo André with 12 points and Bragantino with 19 points.
4317  Bitcoin / Bitcoin Discussion / Re: We should forget that there'll be 21M BTC on: March 18, 2022, 04:48:37 PM
Bitcoin is obviously highly cheap, but it becomes much more so when you consider the premise that only 21 million Bitcoins will ever be created. If the larger crypto community and the financial world were aware of this, Bitcoin's price would be considerably higher right now.

What do you think?
Crypto community and financial world are already aware of this, so I think the price is where it should be for now... It's just that it's not the right time yet for bitcoin to highly increase in value yet.

Bitcoin is in second plan for wealthy investors for now. Their money must be somewhere else generating more profit than they could achieve with bitcoin at this moment. Once bitcoin becomes the most interesting opportunity for them again, we will see the price rising once more, exactly like last year.

On long run, the limited supply theory to explain the increasement in bitcoin's price makes total sense, but on the present time it doesn't make difference and proof of that is the currently bitcoin's value. As you said, pretty cheap!
4318  Other / Politics & Society / Re: FIFA and UEFA has suspended Russian Football teams. on: March 18, 2022, 03:44:14 PM
Anyone heard about the news on Chelsea owner (Roman Abramovich)? In this case, I am going to support the decision from UEFA and FIFA. They have removed the oligarch from the ownership and prohibited the sale of his share. I have also heard that the British government is considering to sell assets of oligarchs including Abramovich and use the proceedings for charity. In the long term, this will benefit the ordinary Russians as well. Corrupt oligarchs will be afraid to move their money out of Russia as a result of this.
I think we all understand what they are trying to do but at least in principle I cannot agree with that, after all I am part of this market and I believe on the principles behind bitcoin which allows you to be your own bank and doesn't allow for any third party to steal your money or your property with a few clicks as part of how the system is designed, so while I think it is fair to suspend some athletes or teams from international competitions this is just plain stealing.

Indeed,
We need to remember that many people who have nothing to do with this war are being harmed by the sanctions that are being imposed.

If even for those who are to blame for this war, we can say that they are being robbed... then what about those who lost their financial freedom without having any guilt in this war?

Bitcoin is a completely neutral monetary system in any situation, amazing how there are still people who don't see it and bet on it.

What a load of garbage. Every Russian is accountable for the mass murder that their army is committing in Ukraine as we speak. They were never threatened by this country, Putin is just choosing to be a bully and pick on a country because it's people will not bow down to him. Only a tiny fraction of Russian's are protesting against this, the silent majority sits in fear but they are accomplices and many of them agree with the brainwashing propaganda that pollutes their mind. There was never any need for a single Russian soldier to enter this country, so the amount of sympathy for the worldwide backlash and sanctions should be zero. The negotiations are a joke because Putin has no desire to end this tragedy.
But what can individuals do against the government, especially a tough one like this? To make opposition against the government there must be organization and it seems it's impossible in Russia, because always someone becomes critical regards the local system while gaining popularity, this person is misteriously poisoned and dies... This way common citizens are by themselves, there isn't unity.
On the other hand, it's inevitable the civilized world sees Russia in the worse manner as possible at this time, including their citizens. Anyway, don't let the anger take control of your heart. Generalizations don't correspond to the real facts.
4319  Economy / Gambling discussion / Re: Chess online? on: March 18, 2022, 03:04:22 PM
The thread is old, but I've found a list with some online chess options for those who want to risk some money betting on or participating tournaments.

Chess Casino – Where to Play Chess Online for Real Money

Top 5 Mobile Apps & Sites for Earning Money through Chess

The positive side of this kind of betting is that skills totally define the game result, so you can definitely win on long run without relying on your luck.
4320  Economy / Speculation / Re: Need more more to invest on crypto. on: March 16, 2022, 08:01:28 PM
To get a big profit from crypto investment, the most important thing is to dare to take decisions that may seem unpopular at the moment, most successful people don't care about what other people say and focus on their goals so that with clear focus and goals, we can get big profits.

You will think like that because you have not done all your funds to invest. i tried a sure faith and bought some nice coins but its going downhill at the moment. be something that really confuses you. Imagine you have a lot of funds and all invested ended in losses until now.
If you have bought some nice coins for real (and not shitcoins) you don't need to worry, because at some point crypto market will reach a new bull season, so they are going to pump again. Investments must be focused on long term, that may take years to return profit, just like people who bought bitcoin in 2017 when it was at its ATH and were only able to recover their investments 4 years later, in 2021, when bitcoin reached a new ATH.
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