Elon Musk's target public are the choleric political militants and jokes/memes enthusiasts. This way he grabbed the interest of people from all ages to his social media. Political matters bring a large public from 40 years old on, plus the fake news, conspiracy theories are really popular among the 50 years old and above. On the other hand, those memes made of scrappy and scribbled cartoons, without context on many cases, are popular among the teenagers and youngs. In the end, it's a very unproductive social media sustained by polemics, exchanged insults, lies and distorted conceptions of life, which inevitably takes anyone who consumes its content for too long into a severe depression.

Elon Musk himself finds himself in such polemics quite often. Just now he is playing the 'justice paladin' role by confronting a major judiciary member from brazilian supreme court on X for censorship and power abuse against brazilian citizens. These news keep the platform active and users engaged.

Top 10 Bitcoin Holders: Who Owns the Most BTC? (2024)



These companies hold large sums of Bitcoins and can be considered whales who have great influence on crypto market. They have potential to cause deep damage to BTC, through crashing the price by dropping huge supply of coins for sale, or they can be powerful guardians of Bitcoin's stability, by simply holding those coins they have, even during harsh times when other whales are playing and manipulating the market, crashing the prices to bottom levels.

From the ones above, I think MicroStrategy is the most consistent investor so far. They have been acquiring Bitcoin since a long time ago, always supporting it during the hard times when media and economists launched their strikes against Bitcoin by claiming it was a Ponzi or dead currency. Always Bitcoin loses price, MicroStrategy immediately announces they are going to purchase more coins, what really helps to at least maintain the optimism of investors balanced.

Yes. I've already had the impression that the more often I gamble, less positive outcomes I get from it. On the other hand, when I gamble for shorter periods of time, and less frequently, it seems results are much better and I don't encounter long loss streaks, being possible to quit the gambling session in profit. I imagined that could be the house baiting me to continue playing with higher sums of money, however, that wouldn't be possible considering there is a provably fair algorithm which ensures the legitimacy of every bets, without being possible for the house to manipulate outcomes.

So I guess it happens just due to the fact when we gamble too much, we hit the long term more often, where the house always have the advantage, but when we play once in a while, we tend to stay inside the short run margin, which is still profitable for gamblers.

There are many websites sharing sports' predictions on the internet. However, what would be considered reliability in this case? To share a positive percentage of accurate predictions compared to the predictions they have missed? You can find lists of such websites on the internet, even some which have results predicted by AIs, however, they analyze the accuracy only taking past events into consideration, what means that from this moment on, the predictions can become heavily inaccurate, leading gamblers to future losses.

After all, it's still a game of luck, where randomness is the inexorable nature, and the underdog can always beat the favorite.

My concern would be if they are responsible, stable and careful enough to gamble at some point of their lives. If they display such characteristics, I wouldn't bother to see them gambling since an early age, from adolescence onwards.

Why there would be an age to quit gambling? It seems the older people get, more used to gambling practice they become, because they tend to stick to more monotonous hobbies and activities which demand less mobility and emotional distress.

I have already had good times gambling which I remember with nostalgia and I think it will remain like this forever as an important part of my lifetime. Although I also have some nasty moments in my memory related to losses... Still, I consider it to have been a learnship after all.

Yes, the experiences, memories and learnships.

Of course there are precautions we should take regards sharing personal informations about our investments with other people. However, success will be inevitably sniffed by people around at some point, once you start using the profits made through Bitcoin investment. And how can you hide it from them? Criminals will see the individual as a target, anyway. You have to protect yourself and care about your physical integrity, but at same time, you can't stop living as you wish and can afford because other people will see you as a target. Then, how can we solve this equation?

I deal with loss as part of the game, by the rules I previously was aware about and even in this case decided to took the risks, anyway. It's an expected outcome of the game, therefore it shouldn't be received with surprise, anger or despair. Especially in gambling, which consist in games where you know the chances are against you on long run, that is, the more you play, since there is a house edge factor against you, while favouring the casino and maintaining the business profitable for them along the time.

It's through losses that you learn humbleness. You finally understand you aren't the all powerful individual who is going to break the bank. You have to accept the fact you have limitations and must stick to your limits in order to preserve your mental and financial welfare, otherwise, if you decide to challenge the house till the end, you will inevitably end bankrupted and broken. A loss is the perfect timing to conclude you had enough fun already for the day, so it's better to go home.

The masses who are against self-defense are just fools who repeat the speeches of the politicians from the ideology they idolize. They don't know for real what the impact of such measures would have on practice. If they did, they would change their minds immediately.

Meanwhile, the politicians who defend the agenda are just hypocritical, since they are heavily protected by bodyguards everywhere they go. All of them fully armed with modern weapons and specialized on self-defense skills. Common people are told to not defend themselves by politicians who don't have to defend themselves, because they have someone who can do this for them, thanks to the tax money those common citizens pay in order to hire those professionals.

I guess the point is that to endorse this bullshit is profitable for them. They have a highlighted role on the society for defending this agenda. That is how they are elected, exercises influence over other people and make a living from.

The masses, however... Well, they might feel rewarded for being part of a group of people who think in the same manner. The sense of belonging must be enough for them...

In recent years, I've observed a considerable increasement on the participation of africans on this forum and gambling discussions in general. I'm not sure if africans have access only to local gambling shops, since to access this forum they must have devices connected to the internet. Besides the fact they are active on threads related to virtual casinos, what makes me believe they are also active betting on those platforms.

'The white' face the same lack of economic opportunities other people do, depending where they live, what their educational background is, and what opportunities are disponible around them. Many of them don't have enough income to maintain a high level of gambling addiction too, and in fact, the lack of financial stability could be one reason for the development of the depression and anxiety disorders.

I didn't understand this one.

To change to another game isn't an assurance you are going to get rid of long loss streaks. The randomness of games' outcomes will remain the same, despite the specifc game you are playing. In fact, if you want to stop the curse of losing streak the only guaranteed alternative is to just stop gambling... From my own experience, I've already faced gambling sessions where I was unlucky in one game, so I moved to another one, but the unluckiness still pursued me to the next table. And even if I kept changing to other games, I wasn't able to overcome this bad luck, anyway.

When I identify I'm being particularly unlucky in a determined day, I just give up gambling, instead of moving myself between different house's games expecting more positive outcomes. But that is just me. Each gamble has his personal strategies, preferences and habits. You have to find out what is better for you individually. Just make sure to not spend money you can't afford to lose in the process.

We don't have any other alternative besides trying, and even if we fail, what we have to do is to try again... That is what keeps life going on. At some point it must work and the individual may see a considerable improvement in his life. I believe self-realization doesn't consist exactly in accomplishing goals, rather it's on the process itself of completing them that the person must feel self-realized. That is, to enjoy the moment, the present time and little moments life gifts us. Even if everything went wrong in the end, at least you can have peace of mind for having tried!

That is what I think about prosperity and richness. I may not be able to overcome the inflation or not be able to consume the overpriced goods I would like to be consuming right now, but at least I'm trying to persue a better future for me and people who I would like to proportionate comfort and welfare. And by finding pleasure and peace on the very act of attempting is encouraging.

No.

Just like any other business, they have to close the doors if they aren't making enough income to keep the business sustainable. Some crypto online casinos have already ceased their services, but I'm not sure why they did it, since it seems unlikely their platforms weren't making profit. I believe it was due to low traffic of gamblers, generating less money than they intended, as you said.

It depends on the number of customers they have. More customers mean the platform needs more employees. Anyway, it will be always proportional to the profit made. So, for online casinos, even if they have to hire more employees than a small offline casino, it's still a good deal, because it means they are making huge income which is pretty enough to pay everyone and still make big income for the owners.

It also depends on the size of the casino. A small offline casino can be easier to manage than a global online platform. The pros of online casinos is the convenience of managing them, since everything is done virtually, through electronic devices, so you can work and manage the platform from anywhere where there is internet connection.

Online casino. Nowadays it's the best alternative for entrepreneurs and that is what many people are doing. If I had interest in exploring this niche of the industry I would go for a 100% digital platform. The potential customers you can achieve is also superior to offline casinos, which are pretty restricted on the range the business operates.

I wouldn't say the victims are at fault if they are falling for scams due to being too naive to understand that isn't a legit offer. Nobody was born knowing everything, so it's expected at some point of your life you are going to be cheated by "clever" individuals who know the maliciousness of this corrupted world and don't bother deceiving others in order to feed their egos and personal needs. I guess what people have to do in these cases is to learn with scams they fall for, although who really is at fault here is the scammer, without any doubts!

If you have fallen for a Ponzi once, thinking it was a legit business, just raise your head, forget about the lost money and continue working to recover your funds, with the learnship in mind that you won't repeat the same decision in the future again. But if you repeat the same mistake, then I would say you are at fault as well, side by side with the scammer.

On the other hand, if a legit business suddenly turns into scam, it's not investors' fault. When that is the case and we end putting everyone on the same dirty basket, we are actually softening the scammer's fault, as he wasn't so bad for stealing money, since the people on the other side voluntarily gave him the money. The point is that people gave him the money with an agreement or deal in counterpart. Who didn't fulfill the agreement was the scammer, not the victims. So it's pretty easy to know who to blame.

I think others' experiences can help ourselves to avoid committing the same mistakes in the future. So I think it's totally valid for someone to share his personal stories in order to help others who may find themselves in the same situation later. That is why we have evolved as civilizations, because we have previous examples from our ancestors on what we should practice and what we should avoid practicing.

However, in this particular case, the judgement from the reader doesn't have to be so extreme. The man has lost all his savings through gambling. It's a good reminder for us that gambling can be dangerous and that people shouldn't use their life savings with that activity. But, is that the only way to gamble? Are every gamblers going to face the same fate? What about other gamblers' opinions on this? What factors caused him to go beyond his limits? Could that be avoided?

For that man gambling is totally discouraged, but through the answers you find, gambling may be an activity you can practice without further damage to your finances. That is why self-knowledge is so important. So you know what you should avoid and what you should embrace.

Average men or common men who have adopted Bitcoin in previous cycles are already doing pretty well with their finances, since their small and medium investments have grown considerably since then. The opportunity was there for everyone to grab, although many just ignored the opportunity and remained struggling in life, like most people in your local socities. People complain a lot about lack of opportunities and chances to improve their lives. However, once these opportunities appear, they just neglect them, as they weren't important or worthful to be embraced. Therefore, it's their own fault after all.

Someone who invested small sums of money 6 or 8 years ago could be already cashing out nice profit at the current moment, in order to acquire their self-owned house, car or any other kind of acquisitions so they could enjoy their belongings or generate further passive income on long run. This could be a life changer for the common man, but it just didn't happen for most people... And it seems it will always be like this in this world, because people only embrace something when there is a dominant tendency on the society telling them to do so. Most people can't take authentic decisions by themselves.

And that is where many of them fail improving themselves as individuals.

Yes, that is what we name as fixed matches. It's a pretty common phenomeon, especially in minor leagues which don't receive too much attention from public, authorities the media. Coincidentally, I saw today a video on Youtube stating there is going to be an investigation by the politicians in my country to analyze if the national sports industry is fair and legit on its results, of if the games are being fixed. I haven't watched it yet, but I will soon, because there are going to be interesting news which directly impact our bets results.

The possibility the favorite team or athlete loses is always present, otherwise, if the results were assured since before the game started, there wouldn't be a reason to gamble at all. When you gamble, you must be aware about the risk the match is going to be fixed. I don't believe there are any guarantees a match isn't going to be fixed, because no one is trusted on this industry, including the regulators who theoretically ensure the legitimacy of the games and their results.

It will be possible for gambling to be a source of income only for a minor percentage of the total number of gamblers. As you said, the house has the advantage, and that makes mathematically and statistically impossible for most gamblers to achieve positive results the more they play, even if they are persistent to continue playing, despite the losses faced. It can be really dangerous to be a persistent gambler, because it will lead them to further losses until hitting total bankruptcy. It's better to be a responsible gambler, instead of a persistent one.

Some people may see a responsible one as a coward and weak gambler, but that is something the gambler can't take to his heart, because the opinions others have about him shouldn't matter at all, especially when doing what others expect him to do will only cause further damage to his financial and mental health. After all, gamblers are the source of income of casinos. If the opposite was possible in large scale, casinos wouldn't have a reason to operate their businesses, as they would be unprofitable.

Not a thing of the past, but the tendency is that they lose popularity and customers the more we advance into the digital age of virtual casinos. They won't go into complete extinction, though. There are still many enthusiasts of land based casinos, especially people who still prefer living in analog system, while rejecting digital stuff the maximum as possible. There are also the ones who attend to physical casinos for fancy reasons, that is, when travelling to luxurious touristic cities where casinos are part of the local attractions.

They will remain in less quantity, but an exclusivity for digital platforms is unlikely. Thinking about investments, it seems more profitable for casino owners to launch online platforms, instead of land based ones, since the implementation and maintenance costs are much inferior. That is what we already seeing with so many casinos apps being launched and introduced to the public, especially at sports' championships where the main sponsors are actually gambling houses.

It's so common for crypto businesses to enforce KYC procedure nowadays. It was weird in the early years of this industry, although now it's already pretty usual, being weird for a business to not demand personal informations from users in order to let them use the platform's services these days. If you want to cashout crypto to fiat right now, you probably have to give your personal ID to an exchange at some point, otherwise how are you going to cashout your profits from crypto investments?

Even if you do P2P transactions, the person on the other side of the transaction will have access to your bank account's informations. Privacy is an utopia, and the risk of having your private informations leaked is a real risk 99% of crypto enthusiasts have to take, otherwise they won't be able to remain active on this industry at most platforms it has to offer to crypto adopters, since they are heavily regulated by local authorities from the countries where they offer services.

The mental health state of Joe Biden must prejudice his campaign a lot, since it's undeniable he doesn't have cognitive conditions to remain on the leadership position of the country anymore. Besides that, it's really hard to predict what american citizens are thinking right now, because the media isn't so vocal about politics anymore like they used to be in Trump's era. If I could launch a guess, I would say the average citizen is hopeless about politics and doesn't care at all cheering for one side or another, because they already know both of them, and both of them proved to be ineffective, unable to meet expectations.

If I were to bet, I would say Trump is going to win this time, as his fans seem to be more engaged than the democracts and their branch office mainstream media, which I don't even know if I can consider to be mainstream anymore, since they are pretty decaying already, while the Trumpist media is already rising in influence and dominance on the national scenario. After all, I see a polarization of liars and manipulators in both sides, which are inevitably going to drive the country in direction to chaos, consequently affecting the whole world in a scenario of pre-world war.

When you look the bigger picture in a global scale, the bet on this particular event or the money you could make from this event become meaningless...