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461  Economy / Gambling / Re: Crypto casino without investment on: June 17, 2024, 09:25:03 AM
What you are going to use the money invested there is the question. If you are willing to use the money you already have to open the payout wallets, then you dont need investments, if you are lacking there then you do need it.

Because you dont want the scenario of not being able to pay out big winners happen on your site at all. That immediately raises red flags in the gambling community.

Faucets also have a wallet running to pay out the users, if you cant pay, you will not get traffic.
462  Economy / Games and rounds / Re: 🃏JacksClub: ROUND 27 - BTC PRICE PREDICTION CONTEST $150 in BTC 🚀 on: June 16, 2024, 08:25:59 AM
Jacks Club Username: TheUltraElite
Prediction: $65118
463  Bitcoin / Bitcoin Discussion / Re: Concentrating heavily into BTC on: June 16, 2024, 07:45:13 AM
The concept of bitcoin/altcoin is similar to different views of religion and different types of governments.

Each one person has their own view on crypto and they are free to create something new from it and thus the emergence of altcoins. But time has shown us that each and every altcoin is not worth putting your money in. On the other hand bitcoin has out performed itself and is essentially enough to cover the needs.

Year by year have passed, I have watched from 2015, and it all cycles back, altcoins suck and bitcoin dominates.

Hence it is good enough to keep a little bit on altcoins but keeping the maximum in bitcoin.
464  Economy / Economics / Re: Ever dreamt of turning your passion into profit? on: June 16, 2024, 07:39:50 AM
While I do think that I am still far at some players that already reached international level, I am quite satisfied with my progress given that I only do this as a hobby and not as my main source of income. Still, however, this kind of opportunity is definitely a blessing that I would forever cherish.
This varies between countries as to what the players can turn into profits or not. In the US there are these gaming groups which are paid well because of their performance and they are taking part in every tournament out there, I am sure you have heard of such groups or seen them online.

I think we can all agree on the fact that turning a passion to a profession also needs the right circumstance, otherwise it just remains a small time hobby.

Game/music/movie/even adult content reviewers do publish their blogs, if possible videos on youtube and all make a decent money out of. Of course that needs to grow and dedication, without these two traits, nothing can be achieved.
465  Economy / Gambling discussion / Re: How does affilate programs work in casinos? on: June 16, 2024, 07:34:52 AM
For single players, this is a small bonus if you bring a friend or partner, nothing more.
For a player bringing a friend, that friend will likely be of the same earning capacity of that referrer player, so 5-10% of their wager is peanuts. On the contrary consider roping in 10 people each with 10% affiliate commissions - now that is something of a good outcome if they are regular players. Or if you bring in a couple of whales who bet huge amounts on each bet, then the differences start showing up.

However these are difficult campaigns to run and needs dedication from the referrer. It is important to to identify the type of audience you are catering to, their demands and how they can be roped into wagering regularly.
466  Economy / Gambling / Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest on: June 16, 2024, 07:31:14 AM
All in all, I would say that freebitco.in has been around for a quite long time, it was a website that barely got any visitors back in the day when it first started and I was here when that happened. In the end, they did manage the website well enough that it is one of the most visited websites in the world now.
They can modify the rewards from the free rolls if abuse is the main culprit behind losses from the site. This is assuming that the casino is actually losing more than winning which is highly unlikely, even though certain people might be using the event as an excuse to promote their own koolaid and social media.

The site is trusted but I would like a higher responsive support system. Maybe something similar to what competing casinos are having? Would that be too much to ask, consider the UI is much simpler on their site than others?
467  Economy / Gambling discussion / Re: Online casino gambling is more of profit chasers while land base is more of fun on: June 16, 2024, 07:28:01 AM
Yes, you are right, that winning in gambling is just a matter of luck, so as a gambler it is better not to chase the victory, play wisely and responsibly so that we do not get too carried away by the atmosphere that is really sad later.
When it comes to land based casinos, the fun aspect is what people are aiming at but that does not mean they dont get addicted to the nice ambience, colorful games, waitresses Cheesy and other things.

The thing is created in such a way that it keep your addicted to it and makes sure to drain your pocket. Hence the games should be played for a limited time and for fun only. The people who get stuck at las Vegas and never come back are a prime example of what not become. Even after a loss, it is possible to continue with life and lead a productive one albeit a simpler one.

By no means is online gambling is profit-chasing one, rather a loss-chasing one.
468  Economy / Economics / Re: Is Accepting Crypto Salaries Worth It? on: June 15, 2024, 09:54:56 AM
Even though many forum members here would encourage to be paid in bitcoin, the final decision depends on whether your local authorities are fine with it what you taxation situation is regarding crypto transactions and how feasible it is to convert it to fiat currency because obviously local merchants wont be accepting bitcoin.

Therefore a partial salary in bitcoin and the rest in fiat might be a better option for the time now. Maybe in future we can all go with 100% crypto salaries. Hopeful when the streetside junk food stall will be having a QR code to be paid in bitcoin.
469  Economy / Gambling discussion / Re: Which one of those did you partake in? on: June 15, 2024, 09:50:22 AM
I am beginning to think that the only time a gambler gambles for fun is only when he gambles with what he can afford to lose. In this case, a gambler has $10,000 as his savings, and he gambles with $1000 down, he or she won't feel sad when they lose it (it means they gambled for fun). But if a gambler who has the same $10,000 gambles for above $5,000, and he loses all of them, the gambler won't be happy about his actions,
Someone being fine with losing a thousand dollars from 10k savings, bugs me, because I would not be fine and regret the decision to gamble in the first place. It is a huge amount of money from where I come from. Still as long as it is kept within the "fun" domain it is fine. There should be a ceiling on the max budget to be spent on gambling otherwise the spending becomes difficult to keep track of.

Bankroll management and risk management are two thing if a gambler starts to do they will no longer be an addict.
470  Economy / Games and rounds / Re: 🚩 Blackjack.Fun | BTC Price Prediction ' June 16 | WIN $50! on: June 14, 2024, 01:36:52 PM
My prediction:
$67238
471  Other / Meta / Re: Application for Merit Source - TheUltraElite on: June 14, 2024, 01:25:27 PM
I feel he will get it! Everyone on the local Indian board is waiting for a new merit source as there is no one active. It would have been great if @Theymos could look into his application as he has been very active and has been always helping members of our local board. I see a former or I can say self-declared retired merit source awarding merit to his application but he or she will never come on the board and support us.
Thank you for the support and from everyone else in the Indian section. I never thought the entire board would come in for so much support. Keeping patience for the time being as admin decides on further action.

For the time being, let us keep the board active and welcoming to any newbie Indian member or any older Indian member who wants to join in on the talk after being active only in the Global board for all this while - I know there are many such users out there. Wink
472  Economy / Trading Discussion / Re: What do you prefer between pure price action and indicators? on: June 14, 2024, 01:18:39 PM
Indicators are only a 50-50 prediction as to what side the market might move towards, they are seldom accurate and should be used cautiously.

To get a proper analysis you have to use your Fundamental along with Technical and past price charts with a tinge of luck.
Still then there is a small chance of wrong prediction because after all this is not an exact science.

However relying only of price will be difficult to manage. You have to see the trend and then decide.
473  Economy / Gambling discussion / Re: Which casino would you trust more: one that requires KYC or one that doesn't? on: June 14, 2024, 01:13:46 PM
A casino changing its TOS eventually from non-KYC to KYC is nothing bad, they probably got hit by subpoena and are now being extra careful to keep the authorities away from their tails. Blame the a-holes who attempt to use tainted sources to the casino attempting to wipe out the trail putting the casino at risk.

It might be frustrating for the honest players but they have no choice here.
I would trust both the casinos provided there are no other genuine complaints regarding their services.

Additionally if your KYC cleared, you feel safe betting big amounts there.
474  Bitcoin / Bitcoin Discussion / Re: Are cold wallets safer than online exchanges? on: June 13, 2024, 05:05:53 PM
If you had a large amount of cryptocurrency would you prefer to keep it on an offline cold wallet or an online cryptocurrency exchange?

Both have pros and cons.
There is no pro in storing coins in a online exchange, it is a blunder.

Aside from the coins that are on active orders, do not keep coins on exchanges because you do not hold their private keys and those coins can go into KYC-lockout/exchange hack and limbo and so on.

While coins on your own wallet are always ready to be accessed. Hence for storage, a wallet is always the best option.
475  Economy / Gambling discussion / Re: How were you able to handle a losing streak up to 5 times and above? on: June 13, 2024, 05:02:33 PM
OP had a bad run and this is not uncommon, the only thing is that the loss might be big enough not be able to recover it in the next few weeks.

That is the thing with sports betting, you can make a prediction based on past performances of teams but luck factor can ruin your entire betslip and this is a prime example of that. On the other hand I have seen parleys done with multiple wins and that total profit was way higher than the bet.

Hope the OP makes some of it back soon.
476  Economy / Gambling / Re: ✨ JacksClub.io ✨ Daily Contest with Amazing Prices | VIP Rewards | Free Faucet on: June 13, 2024, 04:55:47 PM
I won $45 in ROUND 26
Congratulations, its been a while again since I won one of the top three from their weekly prediction game. Already started to miss the prize LMAO. Indeed winning that and then attempting to double in on the yolo bets on dice or mines seems like a tempting offer indeed. Hope you win big from these yolo bets and cash out with big wins to treat yourself.

Will be joining in on the next round very soon. Good luck on that!
477  Bitcoin / Bitcoin Discussion / Re: Parents on childs savings bank accounts are waste of time if not saving on BTC on: June 12, 2024, 02:40:49 PM
Try asking this question to any parent who has has a child in the last five years, they will definitely say they want bank deposits before thinking or committing to bitcoin. This is expected because they are accustomed with banks for years now and bitcoin is indeed something new to them and something that has made the negative news in the mass media.

Only few of the forum users here might actually think about doing savings in bitcoin.

If you ask me, I would suggest both because you need fiat in the long run and bitcoin is a upcoming currency for the next generations.
478  Economy / Gambling discussion / Re: Trading or gambling? on: June 12, 2024, 02:35:21 PM
The way I think of it, is that trading can be divided into spot trading and non-spot trading, where the second one contains all the derivatives, options, leverage, margin and so on. The first group needs your skills, the second group is just gambling.

Gambling is EV+ and EV- and they follow what the spot and non-spot trading grossly are, respectively.

So sports betting can be compared to spot trading, but there are many differences and slot games which completely depend on your luck are similar to leverage and those.
479  Economy / Gambling discussion / Re: How to resolve gambling related wallet issues on: June 12, 2024, 02:32:16 PM
If you are already blacklisted then there is nothing to do about it, appeal to the website and see if they consider, essentially at their mercy.

If you are only starting out, then I suggest using a personal wallet as an intermediate stop for your coins before depositing them on the exchange.
One can also try using different exchanges that have a laxity in the source of funds. If this is the only exchange that your local country people use then you are out of luck.

Address hopping like someone else mentioned, seems to be the best method as of now.
480  Local / India / Re: Election results and impact on crypto policies in India on: June 11, 2024, 02:16:19 PM
Lol, sad to see your excitement ruining. Even I thought there would be a change in ministers but it seems that Modi wants to stick to the existing ones.
Either is too lazy to make a change or may be he already has a plan in place for the upcoming few years.
I am telling you all, they have a plan in place to continue running things like they were and nothing much is going to change. I have to file my taxes now and the humungous amount of tax that I have accrued over the last one years makes me wonder what all I could have saved if I did not have to pay them.

On the contrary, local shops dont give our receipts and downplay their taxes and get full pardon from the government, a system I can never understand why the authorities dont want to change.

Also seeing @Bitcoin Smith with a new signature made my day. Put some centering and coloring codes on them. Dont walk around naked mate. Cheesy
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