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481  Economy / Gambling discussion / Re: Conclusion after losing millions! that games are rigged. on: November 19, 2023, 04:24:56 PM
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It's true, it doesn't make sense for a successful and reputable platform to cheat its customers just for a one-time reward that will put its reputation at risk which might cause it to lose the trust and eventually go out of business which is a bigger loss than what they could get by cheating because as you said, if they are earning 1 million dollars a year or even before a year, risking that much revenue for a few hundred thousand dollars doesn't sound like a good deal.

Smaller and less popular platforms might try doing something like that because maybe they are not earning a lot of revenue and they are always looking to get more money by hook or crook, they also wouldn't care much because they don't have a very large user base and don't have much to lose.

I’m not telling that casino is really rigged but there’s a chance that some of them is really doing since most of the user thinking the same logic as yours which auto gives them defense on whatever accusation that throws to them because there’s always a person that will defend them and use this reasoning.

In house game, I doubt casino will try to cheat on a probably fair game because bet is verifiable and easy to spot if there’s something wrong while slot games by 3rd party is a different story. It’s very hard to conclude if they are not rigging since they are close source. Trust is the only reason why people keep using them without verifying fairness of the game.
482  Local / Pilipinas / Re: Ano ang gagawin mo sa sitwasyon na ito? on: November 19, 2023, 03:51:59 PM
Liit ng reward compared sa ninakaw nila, basi sa news, nasa $120 million nawala sa poloniex,.

Poloniex Confirms ID of Attacker Behind $120M Hack, Involves Police from China, Russia and the US

Tingin ko di na yan ibabalik kasi before nila ginawa yan alam na nila ang conseqeunces sa mga mangyayari. KUng alam nila kung sino, pwede naman nilang hulihin tapos bawiin ang pera, bakit need pa ganitong set up, tingin ko parang walang laman sinasabi nila, bluff lang.

Correct, At higit pa jan ay si Justin Sun pa ang nanakot nakilala naman natin na dakilang sinungaling at bluffer. Doon palang sa message nyo na nakalagay sa screenshot ay proven na wala talaga silang pinanghahawakan sa hacker dahil gumamit pa sila ng blockchain para magmessage sa hacker while kaya naman itrace ang social media or exact address ng hacker kung determined na talaga ang identity. Kamote talaga mag isip iton si Sun kaya minsan talaga ay nakakapagtaka na madami padn believer ito kahit na napaka shady na tao.  Cheesy

483  Bitcoin / Bitcoin Discussion / Re: The prospect of mixers in a congested mempool on: November 19, 2023, 01:56:05 PM
Do you think this could be a major challenge to the business of coin mixing?

Yes if this will continue to long term but I doubt people will keep using high transaction in long term because they will surely use an alternative to limit transaction until the fee back to normal.

There might be some adjustments in the future if this continue like hard fork or something to deal with the ordinal shit. Transaction fee will surely subside and this just some minor difficult time not only for mixer but to all services on Bitcoin ecosystem that rely on frequent sending of transactions.
484  Bitcoin / Bitcoin Discussion / Re: Now buy and hold the bitcoin is profitable on: November 19, 2023, 01:45:06 PM
Nowadays bitcoin price increased. This correct time to buy the bitcoin. Kindly give the some solison for this. Am try to buy the bitcoin. But I need some ideas for bitcoin. Kindly help.

You already know the basic concept on buying Bitcoin such as Bitcoin price always increase so it’s good to buy as much as possible whenever it corrects the price. I’m skeptical on what solution you are asking because buying at correction is always a good idea.

There’s tons of idea that you can do to Bitcoin but again your question vague that is really confusing to answer. Just do DCA whenever there’s price correction and hold it until the price reach above ATH.
485  Other / Meta / How does total time logged in count? on: November 18, 2023, 04:29:36 PM
Let’s say I remain logged in to my Bitcointalk account on a separate tab of my browser that I’m using. Then I minimize it when I’m doing other things with my computer, does still count or only the time when I browse the forum or remain my screen on Bitcointalk?

I just notice that my total time logged in is still very low despite I’m always online because I leave my browser open almost 24hrs in my company computer while my account is still login.
486  Economy / Economics / Re: Imaginary Future on: November 18, 2023, 03:29:48 PM
Do you ever feel like that being after saving or investing for future you forget to live in the present? You don't buy the things you want to or don't go after experiences you want because you'd rather save/invest for future instead.

I was thinking like this before until my beloved grandma died without me giving her the support I should give because I’m still saving back then for my future. I become more balance now but mainly focus on my current needs compared to my future. I put 50% of my money on insurance and crypto investments while the rest is I use on my daily need to live a better life.

Future is useless if you will die tomorrow so I believe that I should just invest without sacrificing my present life because that what matters the most. I rely heavily on my insurance and crypto investments for my future needs.
487  Economy / Trading Discussion / Re: Trading Low Liquidity Altcoins on: November 18, 2023, 02:53:48 PM
It's a common misconception among investors, mainly new investors, that projects or coins with a low market cap tend to have the potential to provide their investors with higher profits which is not true because a coin that has a low market cap means that it doesn't have a high price and that indicates that there aren't a lot of people interested in that coin or the project it comes from, because if that wasn't the case, the coin would have gotten some value.
They know one half of truth. It's true that a small marketcap coin can be more easily manipulated and pumped because it requires small capital to pump it. However another half of truth is important, those small projects can be built by weak, incapable team that can not build up good products in a long term. Without good products, good use cases and utility, coin or token from that project will not get attention from investors so no or very little value for it or it will die with time.
This share of use cases and utility is vital for projects to attract early investors. Then with reasonable profits it can also attract investors in the future.

It is very rational regarding low liquidity which is relatively closely related to pump and dump because it can be manipulated by a group of people with a lot of money. Therefore, low liquidity is synonymous with investment traps in my opinion.

You’re right especially on this case since the OP is pertaining to PLSX(PulseX) which is one  of the project launch on scam blockchain pulsechain by Richard Heart that is a well known scam artist.

This token is a guaranteed pump and dump coin that only benefits the founder itself by using the liquidity of the new investors as exit liquidity. Not all low marketcap project is a pump and dump since it depends on its community on how they will trade the token but on this case, This token is surely is.
488  Bitcoin / Bitcoin Discussion / Re: What's with the 10000+ sat / vb Transactions on: November 18, 2023, 01:53:22 PM
I’m always a victim of low transaction fee suggested by the wallet itself but I never encounter a wallet suggested fee that is insanely high. Most of the time it just lower to the average fee probably because it’s late to update the fee when average fee hike.

Maybe this is a fat finger mistake or overlooked the conversion of fee unit. I sometimes mistakenly think that the fee is just in sat and not in sat/vB.
489  Economy / Gambling discussion / Re: Letting the cat out of the bag on: November 18, 2023, 01:47:57 PM
the only person who can stop a gambling addict from his addiction is the affected person. I've been a victim of gambling addiction before and no one was able to help me out of it until when I decided to help myself.

This is not true. They are addicted because they can’t control their gambling activities by themselves or else they will not suffer addiction. Addiction is not simple to cure since you will never notice it by yourself alone that’s why therapy is needed for those who badly addicted because they can’t stop their mind on thinking about it.

But I will do the same to yours on not interfering since it’s very to deal with this kind of person because there sense of reasoning is not normal.
490  Economy / Gambling discussion / Re: Math and Gambling on: November 17, 2023, 03:51:34 PM
Do you agree that it's fascinating? How math changes gambling from a game of chance to a game of strategy is shown below. Your admiration for Ferguson and Simons' work is well-founded. These people's stories do show how important math is in gambling. Although, it's important to remember that these are rare instances. Like Ferguson and Simons, thousands of people bet without winning. Their mathematics skill is not common, it's very rare. Surprisingly, the lesson isn't really about gambling. Utilizing specific skills in surprising ways is what it's all about.

Math only helps you to determine your winning chance rate but that doesn't mean it will secure profit for you just because you knew your percentage of winning except for a 100% win rate in poker. But everything is still a gamble no matter how high your winning probability. Other skills still contributes a lot of factor on success because it can increase your chance of winning aside from the computed probability since other player mind is your enemy here.

Quote
it's not a surefire way to win the lottery.
We are talking about poker game here

Quote
What matters more is how you artistically and strategically use what you know. How about that school isn't important thing? You learn more from what you do and how you do it than from where you go

Yeah, This is what they call the execution. A good execution can beat winning hand by tricking that he has the better hand.
491  Economy / Gambling / Re: Duelbits.com | Casino & Sportsbook | VIP | Instant withdrawals!|ARGENTINA & AVFC on: November 17, 2023, 02:12:27 PM
While it is a nice win, it is not a massive multiplier as you say. It might be your favorite slot but it is on my blacklist lol, I had one time 40-45 dead spins on this slot and while that might be pretty common, it was the first time it happened to me (most of the time, I play less volatile slots also and more play the in-house games).
I also often get 40-45 dead spins, but because it was the first slot I played when I first got to know slot games, it is quite difficult not to play that slot again.
Talking about dead spins, two days ago I also experienced something that was not much different when playing on one of the slots from Play N'Go provider Moon Princess, 50 more spins without any good results, but decided to stop before curiosity arose which would usually make I made a deposit again, because I am currently trying to reduce my gambling activities especially slot games which are always tempting and now only tend to sports betting.

I notice too how play'n go games become dry these days. You can't experience long dead spin before without hitting small to medium size win but now they change the hit ratio since all their games becomes low hit ratio despite their stats doesn't change on the slot games info. Their bonus game too is very hard hard and gives very low payout despite increase on difficulty.

They are now same with pragmatic in terms hit ratio unlike before that this 2 games is the best compared to other slot provider that offers too volatile slot games. Try one touch slot, I have a very good experience on their games recently especially the greek theme slot.
492  Bitcoin / Bitcoin Discussion / Re: Bitcoin is not a get rich quick scheme. on: November 17, 2023, 02:04:20 PM
Indeed, Bitcoin is not a ge rich quick scheme but unfortunately that's what how it has been introduced to the outsiders I mean to those people who are not aware of Bitcoin. I have seen my colleagues discussing about investing in Bitcoin stating they will get rich by doing it but they have no idea about concept of Bitcoin and why it will make them rich, I feel Altcoin is a get rich quick or lose it allsor of scheme wherein Bitcoin is like gold with higher returns and a real life P2P transfer medium.

We cannot blame anyone here since there are no centralized stakeholders who are responsible to spread awareness. But, eventually once people become wise they will realise what is Bitcoin.

If we consider how stock market price move and bank financial instrument offer, Bitcoin is indeed quick scheme since you can double or triple your investment with just a short period of time which you can attain by investing on traditional investment. Bitcoin volatility is one of its pros and cons at same time since it's one of the main reason why we are being notice.

This people thinking about quick rich will soon do research to themselves once they are already invested. That's the time they will change their perspective so I don't see any problem for people think that Bitcoin is a quick rich scheme as long as they will invest and later do their own research about the full benefits of Bitcoin aside from it's volatility.
493  Bitcoin / Bitcoin Discussion / Re: Start with the little you have, you don't need millions of dollars to own BTC. on: November 17, 2023, 10:42:35 AM
the only excuse an intending investor will tender that could make him or her not to invest in bitcoin, could just be income less than 10$ and more responsibilities, which I know that, this is not possible with people from the developed world, this excuses are mostly found in people who doesn't have much interest initially, the trust DCA is the best strategy to go gradually, this has helped many to achieve a lot in this industry.

Not all people has the guts to invest on volatile assets especially if they already have the job that secure their life financially. Only people that accepts volatility and live with are those who can afford investing on this kind asset since they knew what’s the possible consequence.

We can’t blame those who can’t invest on Bitcoin despite they are financially capable because that’s their choice of financial independence by relying only to their salary from work. We can’t convert the rest of non-Bitcoin investors to invest that’s why we are lucky to be here and enjoy the benefits of Bitcoin because we are not afraid on volatility.
494  Economy / Gambling discussion / Re: Math and Gambling on: November 17, 2023, 10:36:59 AM
School is not important as 96% of what you learn won't be used in the real world to make money, but this 4% left is making a lot of people rich, math and gambling seems to go with each other, what do you guys think? Am I wrong or right?

This is only applicable on games like Poker, Blackjack(Standard Deck and Sports book which the result can calculated through probability which you can use to your advantage. Most of the guy that you mention excel on poker which means they are relying on dominating other people instead of the house.

But the regular gambling games offer by the casino is based on pure luck which this skills in math is not an advantage. Also even skill based game like poker, there’s no guarantee for profit even if you are good on math because there’s always someone that is much better to you.
495  Economy / Gambling discussion / Re: What do you bet on when your league is in break? on: November 17, 2023, 05:38:57 AM
So what's your experience with this. When your league is in break, do you tend to try to follow other leagues that you're familiar with, or will you gamble on anything really? I'm interested to hear what other people have to say in this matter.

I’m from SEA. Basketball and Esports are the most popular here in terms betting since this  is what commonly being played nationwide by almost everyone here. I usually bet on NBA and Dota2/CS:GO but not to the point that I bet on every single game.

But there’s a lot of gambler here that is betting multiple times in daily basis as hobby. My fellow countrymen is very industrious on work but always spend a lot on gambling that’s why sports betting is very popular here the first time it was introduced online.
496  Economy / Speculation / Re: Will it Hold? BTC Targets $40,000 on: November 16, 2023, 05:39:49 PM
The price of bitcoin will definitely cross 40k, because the price of bitcoin is increasing at a very fast pace. Bitcoin is only 3k away from 40k which is not unusual, it will be soon. Because the Bitcoin bull market has started. If you have money to invest now, don't delay, invest now. Because its value doesn't seem to drop that much again. An investment you make now, You will get very much more back later.

How the fish you know that Bull season is started? It’s just a price correction according to me. During bull season, along with Bitcoins, all the coins go up. So this is just a price adjustment due to the demand made to accumulate the coin. But this doesn’t mean that you won’t buy the coins. If you want to really make profit,then buy the coin in this price segment also. New year will be big for the coins. So just start accumulating the coins and hold it.

Considering how Bitcoin recover from 15K to 38K, many people will really assume that Bullrun already started since that is x2 growth already which is enough to consider a bull run due to the volume involved to back up this rally. This ain’t a correction from the last bull run because a cycle end when the price dip more than 50% from the ATH.

It’s safe to assume that we are really on bull run since everyone is already buying and most of the coin’s already grow atleast x2 from the previous bottom.
497  Economy / Gambling discussion / Re: Difference between crypto gamblers - regular gamblers on: November 16, 2023, 05:32:53 PM
Is there actually any difference between being a regular gambler and a crypto gambler, cant any crypto gambler be a regular gambler or a regular gambler be a crypto gambler, we can decided to make the difference or not base on the way we are having the understanding or how we want to channel the discussion, what i will advise is for every regular crypto gamblers should know what they are doing, they should take cryptocurrency or gambling all for granted, everything we do with both comes with an opportunity and they must utilize the for their own benefits.

He is pointing out the difference between the preference of a gambler that seek for privacy when they use crypto casino in contrary to the regular gambler that doesn’t care about KYC which I totally agree since most of us here doesn’t want to do KYC despite most of the centralized casino doesn’t remove KYC requirements in their ToS.

The point here is not about the use of crypto in gambling but rather how a crypto gamblers seek for privacy when gambling.
498  Economy / Gambling / Re: Duelbits.com | Casino & Sportsbook | VIP | Instant withdrawals!|ARGENTINA & AVFC on: November 16, 2023, 03:55:30 PM
Seems that you guys are spoiled if we talk about gambling Cheesy If a x158 multiplier does not impress you, it is decent. Come on then, show us your best result. But be serious, as getting x1000 multiplier with 1sat bet does not counts Cheesy As I dont play slots much, and Crash probably is the only game where I could have gotten huge multipliers, then perhaps x4 with 5 bucks bet is my record Cheesy you can start laughing at 3-2-1...

For those who play slot most of the time like me, 158x is just small multiplier and I'm pretty sure players like me are not impressed much with such a multiplier because I play slot with the minimum bet only ($0.1-0.2). It means that 158x on slot will give me like $15-30+ only. 158x will be decent if the base bet is at least $5 Smiley like the one shared above, the base bet is $135. Without a doubt it is a big win although we do not know how much have been lost before hitting it and this player must be a whale who have huge bankroll to play slot with such a huge base bet.

This is the risk they are willing to take but they probably aiming on winning the contest too of pragmatic and the tournament of Duelbits that’s why they are cool on using big bet base bet amount on a single spin.

I only see this kind of huge bet on a streamer which we all know that most of them use fake bankroll from the casino itself. It’s either this whale is real deep pocket that aims to compete on tournament at the same time or a streamer in disguise.
499  Economy / Gambling discussion / Re: The Latest Game in my Country: Bottle Flip on: November 16, 2023, 03:51:17 PM
This is also popular game here in my country but I haven't seen people using real money to bet but what works here is that they put foods on the table and if the bottle stands still you are allowed to eat. Flipping bottle that bets with real money is for me quiet fun and it looks like cara y cruz.

Agreed, I only saw this game play by influencers and on some party event but never saw one with bet although everything can be use as gambling if it’s involved luck and skills at the same time.

Track field is now common gambling games here in my area which people bet on a runner that run on the street with a given time. I will not be surprised if some country use this game for gambling purposes since my country use other odd games just to gamble.
500  Economy / Gambling discussion / Re: Gambling Casinos with Online and Offline version, Are they the same? on: November 15, 2023, 04:01:46 PM
I believe you are pertaining to Betking.com which is the one popular on Nigeria while the Betking.io is already closed online casino that is once popular in the popular but shutdown due to failure on managing bankroll from their investors.

They are different casino.

Regarding 1xbet and the one in your local, I’m not sure the background but some local version of the same brand sometimes have different owner/management. This is the reason why the experience seems different while they have similar brand.
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