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541  Economy / Speculation / Re: BTC Sentiment Poll for May on: May 07, 2024, 07:24:51 AM
I just voted No for the May disposition of Bitcoin in reaching $75,000, I certainly do not think so. Bitcoin has its own trouble and halving that many rely upon will not be an automatic saving grace as quickly as possible and Bitcoin is facing a whole lot of liquidity issues at the moment (additional capital much enough to breach the ATH) which might tarry for a while more. In case many do not know, it was helped to rise last week due to some factors, which include the FED's Dovisness on Wednesday and the many important news on Friday which later attracted a positive outlook in a short-term disposition, but for how long?

We should be so thorough in our reasoning here and do not think that it will hit the ATH of about $73,850, talkless of moving above it to hit $75,000. I also suspect a scenario where the market will move sideways, it might be moving within $73,850 (ATH) and $56,480 (bottom of the recent fall). A break of either side will announce where the market will truly be biased afterwards, but for now, it is too early to say it will rise or fall.

Nevertheless, unless there is strong news/event that will shake the market, I do not think that $75,000 is feasible, it doesn't have that prospect to garner such liquidity that will make that level to be encouraging in my opinion.
542  Economy / Trading Discussion / Re: In order to reach your target, don't rush! on: May 07, 2024, 07:03:01 AM
That's thoughtful of you to bring this out from a different standpoint for people to understand better. I've iterated the same thing many times on this forum, especially for those who do not understand the rudiments of trading and investments but just forcing it. They often engage them anyhow, and maybe a standpoint like this will be an eye-opener for them to know what trading truly is and change their ways. Whether physical/offline or online, or risky or almost guaranteed dealings, we should all know that the same business sense is applicable to all of them. But the fact that the scope of trading and investment like cryptocurrency is so informal to the point that anyone can just decide today and start participating on that very day is the issue. This doesn't make many people appreciate it, learn it as they should and engage with it the right way.

Hence, this is the cause of the losses of the majority since they are not able to be patient, think and give it all it takes, which is why they need to change their ways. There is no need to be in a rush, and first, the buyer or seller must be experienced, smart and speculative in nature. You do not just buy any asset, you must first know it will rise or fall, and that is where the speculation comes. If you buy your crypto through investment or trading, you must ensure you have the right margin and managerial plans that will cater for your intention and never buy when the price is too expensive or at the peak unless it retraced. The same goes for the selling, you sell upon the right speculation and still resist the urge that states otherwise.
543  Other / Meta / Re: Bitcoin advertisements are a bit outdated on: May 06, 2024, 09:24:00 AM
OP, I understand your plight but let us not be blinded by the love for Bitcoin. The advert may not go down well with you, but it's still cautious advice that is not peculiar to Bitcoin investment alone but all other investments as well, and above all, it doesn't hurt in a way. We all have to be careful with all investments no matter what we believe in them or hope for about them. Come to think of it, if you are sincere enough, more time is still needed with Bitcoin, it's still very young and still withstanding the test of time, which is why we still need to give it time and continue to study it.

Also, the 15 years you called is way too little for an asset to be entirely trusted whether you like it or not, what about those assets that have spent centuries and millenniums, can you compare them in a time-tested trusted level if you are sincere? Bitcoin is popular, well-appreciated and celebrated because it was introduced in this digital age, we should now be patient with it.

It has not even celebrated the silver jubilee yet, not to mention the golden jubilee and 100 years. And don't be surprised that the person who wrote that remark may be a Bitcoin lover and holder as well, but may also be a true investor who does not want the love of it to cloud his sincere judgement. This is the wisest approach in the investment environment if I'm asked.
544  Local / Nigeria (Naija) / Re: OKX has stopped its p2p service for Nigerian customers on: May 06, 2024, 09:03:34 AM
If you are an OKX user here, you must have found out by now that you can no longer trade crypto for Naira in that platform. E be like say our government don secretly warn this platform and told them to stop offering trading in Naira for Nigerians. First it was Binance, now it is OKX, i dey believe say very soon trading in Naira in centralized exchanges no go dey possible again.

E be like say the fight against crypto by our government no go stop anytime soon, so e better make everybody begin protect themselves and their funds, they might start blocking bank accounts at the slightest suspicion of any involvement in crypto transactions.
This is no longer a secret warning, the Nigerian government through all their possible actors and agencies is fighting the exchanges in the open. Only that some exchanges are more adamant than each other because by now I believe they must have served all the top-rated ones their dissatisfaction and warning to desist from providing the services that are NGN-related. But still, many of them are still providing the service, let's see who's is next.

Besides, the Nigerian government has taken this matter with a kid's glove, they are not just mature about their approaches. Regulations, I mean a strict one is the solution here, or don't they know that we will always find alternatives to do our P2P thing? One way or another, our cryptos must be exchanged whether they like it or not, this is even as we are finding opportunities to make extra money in the tough economy they've created for us.

As it is now, I think the new SEC's DG, Emomotimi Agama may be going somewhere now with the virtual meeting planned between himself and the blockchain and exchange business in the country. I even heard the foreign ones are invited as well (https://punchng.com/crypto-regulation-sec-chief-to-meet-foreign-local-crypto-exchanges-others-monday/). The meeting has been rescheduled again to a later time today which means it is serious and will hold (https://punchng.com/blockchains-industry-meeting-with-sec-dg-rescheduled/).

Let's see how things unfold even as Nigerians are not panicking due to the threat by Fintechs to block people's accounts. Cryptocurrency is legal in our country, period! It's the government that should fix the economy and find the means to bring in huge FX to stabilise the exchange rate. I hope the new DG will be wise enough to regulate and not do gragra like EFCC and CBN government that are clueless about the whole issue.
545  Economy / Gambling discussion / Re: The shocking rate of women interested in gambling. on: May 05, 2024, 10:21:43 PM
Since gambling became a source to get money and also how technology has made it easier to secure privacy and anonymity a lot of women are now very interested in gambling, and also the condition of some country demands that you do something extra if you want to get money since government are now unable to provide for citizens.
It's true that one may earn money through gambling, but gambling is not a source of getting money unless we are deceiving ourselves. Those who have the notion that they can make money through gambling are the most affected by it. Gambling is a risky activity, it doesn't guarantee anything for the gambler, so we should always perish the idea that it is the place to make money but rather a source of having fun and trying our luck if we can earn money from it. Also, women are being marginalised and stereotyped regarding gambling, and region is another factor we can think of here, but technology has helped well in bridging that these days.

Now, if a woman is gambling in her closet, you may never know unless she tells you she is gambling. After all, we are all human beings, so what a man is doing, women should have that opportunity to do it as well, and I love that. Thanks to technology for a whole lot of things and I hope that women will continue to apply wisdom in their gambling so that they do not regret their participation like most people do. With time, if it continues this way since the population of the world's men and women are roughly the same, the percentage of women and men gambling will roughly be the same.
546  Economy / Gambling discussion / Re: Use your winning responsibly on: May 05, 2024, 09:09:39 PM
      -    It's really good to use the gambling winnings in the right way, because I've had the best experience that I used my casino winnings to pay my electricity bill which was around 100$ more.

Then the other things that I won were not that big that I used to treat my family or I was able to buy our groceries anyway.

Very remarkable things you have done with your winning which is a good one, some persons when they win they spend money extravagantly without minding how difficult it was for them before they won and they will be thinking is a free money and some persons can even use their winnings to gamble the more if they can win big which is very wrong because they can actually lose all the whole winning again so winning and using the money to do something reasonable is good.
If anyone could either win in any risky activity or have a good business and start spending money made from them anyhow, then that person is naturally irresponsible. There is nothing bad about having a nice treat with the money and it could be expensive at times, but it should be done sensibly, it should not be spent on frivolities in the many of it, and it must be done with good calculations and management. That's the best. The same wisdom is what I expected anyone to apply to in gamble winning as well, it is so bad to win big and spend the money anyhow, even the little winning should never be taken for granted to the point that the gambler will now be blowing the money away.

The best way I plan things is that, if I win, I mostly keep it in my gambling account so that I can continue to wager next time and continue to accumulate my winning in that sense. But when the winning is big, I enjoy myself with it, increasing by wagering amount in commensurate with the amount winning. And lately, if such winning is enough to save a bit in my local bank account and still invest in cryptocurrency, I will go for them in addition. Still, I wish I could win bigger to the point that I can buy stocks/shares with it, and even landed properties. These are the pride of gamblers and not spending on frivolities, friends and ostentatious goods. Such doesn't make the money last, it's just a waste of money in all sense of it.
547  Economy / Gambling discussion / Re: Football/Soccer Winning Strategy on: May 05, 2024, 04:10:49 PM
What I know is that what could be applied to hockey and other sports games could also be applicable to soccer betting as well, which is why I commend you on testing this out. However, this strategy looks odd and it shows some kind of "gambling within gambling" kind of pattern which I am not particularly comfortable with. The best way to bet on sports is to know the full information about the two teams playing and use your discretion and instinct to make your bet. This is still subject to some luck factors as well, and not about a certain pattern that your friend taught you.

Besides, if a team can score a goal and could keep it till the end of the match often, it only means that the team is not weak but strong which is a factor that will reduce the odds of that team against the other. This is never to my advantage and I do not do small odds in my sports betting which has been one of the ways to help me manage my gambling activities well and not be wasting my time like so many people do it randomly.

In other words, this style's risk is too high for me.
548  Economy / Gambling discussion / Re: Don't make your bets when you're tired on: May 05, 2024, 03:36:54 PM
It is definitely not ideal to make bets or try to stake games when you are tired,reason is because you won't make any reasonable bet that will have high chances of winning because of the tiredness.Peoole who really seat down to analyse games takes time to do the job properly,it is not something you rush over,it is something you need to look at critically,check their head to head,check their last winnings,where they are on the table,and how good they play.These are the necessary things to check before betting on a game,but if you are tired,you would want to do a rush work on it,and that will cut your games.

I think the basic problem while you bet  on the games and still tired would be that you will not be able to properly research on the bet and therefore the results will not be optimal.

The betting action are not that you go on a betting site, place the bet blindly and hope for the bet to go in your favour. You can still win the bet but it would be more better if you research on what you are betting and the probability of winning will increase. However when you are tired, you won't be able to all this and will place the bet straight away and it is not recommended.
I agree being tired leads to more losses when a person is tired the brain is hot and rushes to lose the chance to win. That's why you have to bet with a cool head. If you control your emotions and bet in your free time the results will not be too bad. Tired of pointing out the results we have negative feelings when we lose for example offering below 40 percent of the game total. There is an emotional and physiological cost and we feel uncomfortable.
This tiredness of a thing is still subjective compared to how people are taking it here. People often take it too far according to what I've been reading on this thread so far. I said being tired is subjective because tiredness is in categories, you can be tired and still have the mindset and energy that is well alert, and you could be tired but have all that you wanted to bet with you, especially with sports betting. It will be so easy to input them down on the gambling platform and place the bet instead of missing out entirely. But in this situation, my advice is that the person should be sure that he pays more attention to the amount imputed, if not, it could be an issue. Such may want to input $2000 but input $2,000, that's my only fear here. Anything from tiredness could be bad though, and I mean the situation where the gamble is tipsy,. This is a different ballgame which could cause an issue due to the stimulant/toxin in his body system.
549  Economy / Gambling discussion / Re: Do you care about what people say about you gambling? on: May 05, 2024, 03:00:50 PM

Normally, people will always talk about other people's habits, whether it directly affects them or not, so it shouldn't be of much concern to a gambler when people talk about their habits or their participation in gambling, well except my gambling habits is a problem to me or to them and is either affecting them directly or indirectly.
But as long as I know that I keep my gambling habits in check and I try to be as responsible as I can be in my gambling, then what others say or thing shouldn't be of importance and concern to me.
People should care nothing about our activities as long as we are not giving  them trouble about our gambling activities , because it is our time , money and life that is in risk and spending .
though at some chances we are giving consent to our love ones so they can support nor advise us whenever we have troubles or we are in success ,that is the importance of other people but in totality ? idon't care about what they say to me.
That's you my friend, and me, I do not care about what people view or say about me regarding gambling and any other things else. This is because I live my life the way I want to live it and above all, everything is positive for me in such a way that I am emulateable. But can many other people beat their chests on that? That is the issue. If you are responsible in gambling and you have a good life, people will never look down or talk down on you no matter what, they will even want to associate with you and respect you. But the same thing cannot be said of an irresponsible gambler because such has created that view for himself, so it is better he either change his ways or gamble in hiding, otherwise, he has given people a pass mark over him.

After all, what people could be saying about him is to warrant a change and the earlier the gambler changes, the better. Also, in some localities where females are widely respected and known for things afar from gambling, I think women should respect that so that they do not have this kind of odd feeling, this is unless she is shameless.
550  Economy / Gambling discussion / Re: Which device do you prefer for gambling ? on: May 05, 2024, 11:56:03 AM
A lot of gambling sites have emerged during and after the Covid-19 era and a lot of people have since then joined the gambling community.
We now have a wider audience who likes to gamble on desktop, laptop, mobile phone etc...
This poll is to see the most preferred device for gambling which I assume should be desktop as it provides a bigger screen and better user experience than any other device.
But a lot of people prefer mobile phones too and so lets just hit it and see what the actual results are.
Let me say that I am a "Jack Of All Trade" in this regard. I gamble anywhere at any time depending on the mood and the gadget that my hand can first touch in proximity. It could be my Laptop, Tablet or Phone, it doesn't matter, and what mainly determines that is the one I was using when I had the urge to gamble. This is why I mostly gamble with my phone. As we know, the phone will always be closer to us than the tablet and the laptop. And since I am a trader and writer as well, the second most used gadget is my laptop, while the least used is my tablet. I may not use my tablet to gamble for up to 10 times in a whole year. I hardly take it out as well since my phone will always be the best companion in that regard and whatever my tablet can do, my phone can do as well, so the phone has it here.

About the consideration of the size of the screen, that has never been my issue. My main goal is to have access to my betting platform and wager my money on my preferred choices. Since any of my gadgets can do that, then I am good to go.
551  Economy / Gambling discussion / Re: Understanding the Impact of Social Media in Gambling. on: May 05, 2024, 11:37:23 AM
A lot of social media influencers especially vloggers and YouTubers are promoting gambling usually at the end of their vlogs or videos.
I could see a huge contribution and spread of information that they made especially during this time where the majority are using smartphones already. In fact, we've been seeing a massive increase in gamblers and online gambling sites. But how this could affect the mindset of the kids when they are also seeing these ads/promotions from the social media influencers they followed? I could be wrong but this has a mental effect on them and at a very young age, they are exposed to gambling already which is supposedly not the right time.

I think these influencers must know their target audience before accepting the offer or should not be included in their vlogs or videos?
Most of the influencer doesn't really care about it as long as they are getting paid, just like most of the celebrities who promotes crypto without proper knowledge they doesn't care about it as long as they get paid for their job.
Surely there are people out there who would be tempted to try out the platform that those influencers are promoting, specially those who would show how easily they are winning tons of money from those platform.
As a grown up we couldn't deny the fact that even if we are aware that those video are fake or just for publicity we still are being tempted by it, so just think how the kids would react to it.

Since those influencers do not really care about what they are promoting then we need to stop caring about their opinions as they are worth nothing, besides even if they were promoting a reputable casino, the way they do it is not up to my liking, as even in those instances they are doing in a way I think it is deceiving, as they portray themselves as gamblers having a good time and obtaining profits with their bets, when most of the time the money they are betting is not even real.

Well, there are only a few influencers who care and are concerned about their viewers, and I also understand why, because they only do it as work, as long as they make money, that's all that matters even though they know that the other promotions they do will cause harm to other viewers especially minors. What you mentioned is true because most of those who promote gambling use a set up accounts to make the promotion they share more believable, sometimes the other influencers don't really know anything about gambling, it seems like they just accepted the offer because it's giving them a huge compensation.
So you know some influencers who care about their viewers? If you don't know them, then you should not have used the word "few." As for me, all influencers do not care about their viewers, some might have feelings of guilt really at times depending on the niche they are into, but the zeal for the money and the actual money earned through their influencing services will overcloud the feelings. And no one can blame them for this, it is we who need to be wise, it is not all that we see that is actually as they are, do not trust anyone no matter how angelic they appear. That is the world we live in now, we should all be smart even as we enjoy it while it lasts. Smiley

Let's just see/know what we want and go for it, but not for the reason that one influencer says so, then you will act gullibly if we yield to such. Also, we must ensure that we do our own research about things because it is not all what those influencers propagate that are bad too, some are topnotch as well. Regardless, let us be doubtful, it's just for us to be smart in this regard.
552  Economy / Gambling discussion / Re: Why do casinos require users to verify their identity through a KYC policy? on: May 05, 2024, 10:45:53 AM
I've read a lot of comments in this board stating that a user is required to undergo KYC if their account is suspected of cheating. Can anyone explain how it is necessary related to the subject? A detailed explanation would be better, but everyone's ideas are welcome, as I believe it's worth discussing so gamblers will not be misled regarding this matter, which pops up from time to time.
This is similar to the topic I just replied to now, but first, KYC is mandatory, this is unless the casinos are operating off jurisdiction and such should not be trusted. But the law still gives them some grace, especially if the deposit is not big enough to warrant it or the withdrawal is not too big as well, and this varies depending on the country we are talking about and the activities of the said customers. But casinos are now using this as an excuse even if the customer is not guilty of any of the reasons why they should ask for the KYC, they are technically using the KYC as a powerful tool since the law supports them to ask for it. And this is subject to their discretion, especially if they suspect some activities. But in most cases, they will not suspect any foul play but will still be victimizing their customers, this is why every customer should be well prepared for all the documents possible they can ask of them.

Most customers are only victims, they might be good players who gain regularly or are gambling with a big amount to pose a threat to them if they win big. Instead for them to limit the risks that the customers could take to limit the potential gains automatically,  but for their greed, they will allow the high-net players to continue to wager it big thinking they will lose and they (casinos) will gain the whole money. But if the players now win, it becomes a problem for them. Now, for them not to pay the players, they will be asking for KYC verification, or additional verification if such gamblers had passed the KYC initially. Other casinos could be citing rules and looking for excuses through IPs and multiple accounts. All are to cheat or scam in most cases.
553  Economy / Gambling discussion / Re: Do you think casinos can stop demanding KYC? on: May 05, 2024, 10:24:12 AM
Casinos existed without the need for KYC's until the government made it a requirement, and they started demanding it. IMO If the government no longer requires casinos to do KYC verification for new gamblers, casinos will go ahead and still do KYC verifications because they have seen the benefits of knowing their customers better than when they just allowed people to come onto their platform and gamble without their knowledge of who they were. What do you think? Do you think some casino's will revert back to non-KYC and allow money launderers, plus other fraudulent people have their easy way with them as a way to attract customers, or since they recognize the personal benefits of KYC to their casino, will continue demanding it even if it affects their customers?
First, let me say that you should perish the thought that the government will stop the KYC, they can't, and the reason is simple, crimes will never stop in the world, and since the government can't trust everybody, they would want us all to be accountable, even the companies they are dealing with in their jurisdictions. The KYC is a necessity these days, though it is not 100% efficient, but I must say that it has helped a lot. But should in case the government stop the KYC on its end, I tell you that most casinos would do the same. But those are the genuine casinos that would not want to burden their customers. But for those with ulterior motives, you should expect them to ask you for the KYC or even worse.

Many of them are doing that to find excuses to steal/confiscate the money of their customers. They are not asking it to truly protect the interest of the government or the world but their selfish pockets. Even as you see many of them today quoting the IPs, the use of the VPN and KYC as excuses, most of them are not sincere about it but extracting that from the law and their Ts&Cs to swindle or try to swindle the voiceless customers.
554  Economy / Gambling discussion / Re: How my gambling life started. on: May 05, 2024, 09:59:03 AM
Every one of us here have our different old or new ways that made us to go into gambling. If it is as you have just described it now, then you have been a very old person in gambling. In my vicinity and even in neighborhood people are not so engage in this card game again because modern gambling and gaming activities have taken over. The popular games that almost every guy in my school campus is playing now is "call of Duty".
Call of duty? Did you mean the one in which if you lose, you will be told to perform a task? That's for little children and could be so abusive and dirty if that is the case. Though the recent development in the gaming and gambling industry is causing a whole lot of the old funfilled ways to be abandoned, it still can't be blamed alone, civilization is causing a whole lot too. If I should be counting the funfilled ways we engaged ourselves in games and betting while I was growing, I would still be counting over 25 without mixing words. Civilization is abolishing them now, but some are still predominant in the more local areas.

If it were to be how I started main gambling per se, I would say that nothing influenced me but just decided to start betting then and I was already in university at that time. I've seen a whole lot of gambling options while I was growing but none was ever my preference until football betting started online, and I must say that I started with it before I started adding the casinos to it, especially lotteries at that time.
555  Economy / Speculation / Re: What is going to happen with Bitcoin now? on: May 05, 2024, 09:37:23 AM
I have seen that after this Bitcoin halving, the price of Bitcoin has decreased a lot. As far as I know that after every halving the price of bitcoin increases exponentially and it increases about 3 to 4 times, but this time I saw that the price of bitcoin has decreased a lot after halving, but I have seen in several places that they say the price of bitcoin is halving.
This is a pure lie, go and check your Bitcoin chart very well, it has never been true that Bitcoin moved significantly higher shortly after all halving periods. Some bullish movements even took more than 4 months before they happened in some cases, so why then relate false claims to Bitcoin? You may check through the monthly chart to confirm this, and I've always warned people that halving is not an automatic tradition that will make the price of Bitcoin rise. The market did exactly what I expected, especially when it re-hit its former ATH of around $69,000 before this year's halving, I never expected a huge buying for months anymore. But now that it hit $56+k after the halving, it might have retraced well enough to warrant a steady rise afterwards. Just be patient and careful.

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After that it will decrease a bit and then it will increase rapidly. As such, after checking the market today, I saw that After the fall in the price of Bitcoin, the price is slowly increasing again. Bitcoin price was below 57K three days ago and today Bitcoin price is $63,585.10. Does that mean we will see a Bitcoin bull market now? Or will it decrease again? What is your view on Bitcoin?
This is not the first time we will see the market falling and risng, so it's better you do not relate a serious relevance to this but to give it more time to study the market situation. What happened that made Bitcoin rise is not far-fetched and they are the 1. FED stance on Wednesday which was Dovish and 2. the Friday news that was all against the USD. However, such effect subsides over time, so if Bitcoin falls back, don't be surprised. Still, I suspect two scenarios, it is either the market sustain its bullish trend or slips to a siwdeways market.
556  Economy / Gambling / Re: How Crypto casino market themselves? on: May 05, 2024, 09:23:15 AM
Google's ban on crypto casinos? I am now curious because this is the second time I am reading a thing like this. Maybe it is about different jurisdictions because nothing like that is happening in my country, and as far as I know, it is not happening in many countries as well. As we know of late, the EU, India and some other countries are trying to enforce some effects on the giant tech companies, which might be one of the reasons for this and could only affect those people using the IPs of those regions. On another thought, the VPN is a very good factor one should consider here because you might be in Asia and be using one of the EU's countries' IPs, which could cause that experience as well. But for me, I have never seen any Google restriction effect whatsoever relating to crypto casinos in my everyday Google activities and searches.
Google has banned cryptocurrency casino related advertisements, not the casinos themselves. To be honest, I don't recall seeing cryptocurrency advertisements in general, although if I remember correctly, some measures were eased quite a while ago. I'm using a private DNS to access most cryptocurrency casinos, I'm a little sceptical regarding VPNs, unless they're paid ones, because free ones are overly saturated and you run the risk of being accused of multiaccounting, due to your account appearing with the same IP as someone else.
Yes, that was what I meant as well, it's all about the advertisement here since that is what corresponds with the topic of discussion. Well, let me say that I did not notice this at all, and since the advertisement was not my main concern, I couldn't have known. But it's the second time I heard it on this forum which was strange to me, and after your reply, I started digging deeper to know if this is true or not. What I found is a bit different though, it shows that it is not even targeted toward the crypto casinos per se as people make us believe but at all crypto-related products. The ban has been in force since 2018 and it was due to the high level of crypto-related scam activities. This is obvious around us today and no one can blame Google for doing that since at times we need to outweigh the issues over our personal benefits. Also, it was reported from some quarters that Google is planning to lift the ban this year. True or false, it changes nothing as Google is not the only viable digital channel to get to their audience and I do not think that with the high number of alternatives that the crypto businesses are propagating the advert news to their audiences, they ever felt the impact of the Google's ban.
557  Economy / Gambling / Re: How to self exclude from anonymous gambling sites on: May 04, 2024, 04:48:22 PM

For example, you stake (lock) $200 of your crypto, and that's all crypto available for you - then you can't play/gamble/risk it for at least 21 days ... do it 15 times a year time after time, and you would be excluded for a long time.


This is one very important idea to even prevent compulsive gambling attitudes. I if a gambler has a very bad attitude or lifestyle that they are living because of gambling and they are at the point where they can no longer control their money for good utilization except they put everything in gambling and loss it at once, they can practice this lock staking investment and it will help them not to have access to the money and they will not gamble so compulsively again. I love the idea but I don't like atomic wallet, so people said it is not too safe to use.
Please, do not like the idea, the risk is too high and you do not get to achieve the full benefits intended, it will never solve the problem. Fine, it looks good to you because you never thought it through because locking your money at this time doesn't mean you will not get another money elsewhere to gamble. Think of it, after locking the money, the 21 days lapsed and more money was delivered into your hands (capital + gain), can you guarantee you can't gamble with the whole money after the 21 days have passed? If you say yes, then you are not yet addicted, you might only have the feelings of it.

Those who are truly addicted will not even wait for that 21 days before they use other available means to gamble, and the money locked away must have been totally spent on gambling even before its maturity date through loans and other borrowing means like from friends and family. The best way to solve the addiction problem is to be psychological about it and the moment you win it through that means, you will be truly cured. Also, what was advocated by the OP is risky, what if something bad happened to the website/platform and the whole money was gone just like that? This is not the risk I am willing to take on something that is not so effective and well-known.
558  Economy / Gambling / Re: Casino vs. Stoc,Forex&Crypto Broker: Who's Really Playing You in the Money Game on: May 04, 2024, 04:27:55 PM
Yes, it is so. But i think that casino must be interested in new gamblers. Cryptocasino is the most international casino and i think that it would be better to have an opportunity to calculate his money in USD(T). But of course if casino don`t want to have problem with tax services it must have a local currency.
Of course, the international casino market involves the use of international money, that is, $USA.  But in many ways, international and cross-border payments were helped, of course, by cryptocurrencies.  First of all BTC of course.  Such payments have initially become quite simple and do not cause problems with cross-border transfers.  There is perhaps only one problem with Bitcoin, this is the tense state of the mempool and the need for large commissions or, as an alternative, a long wait for confirmation of the transfer transaction.  This problem significantly hinders many players.  But here immediately there are options for integrating LN payments or using other cryptocurrencies with small commissions, or USDT.  So it turns out that any international casino still uses these several payment options, and all in parallel.  And all casinos are forced to use them to increase their client base.  So balances still have to be maintained and calculated separately and only then recalculated into $.  And here it is important to fix the rates of cryptocurrencies in relation to $ and the transfer commission.  This is where confusion and sometimes misunderstanding on the part of regulators arises. 
Sometimes this creates unnecessary troubles or even bans for the casino.  But when fighting for clients, you still have to bypass them.
I think that it is problem that can`t be solved. If the casino want to pay taxes without any problems, they must fix cryptocurrencies some moment. The best choice for it can be deposit or withdrawal. I think that withdrawal would be better - in this way the casino hasn`t problems with gamblers balance - it can be in USD, local currency, cryptocurrencies. Every currency will be converted in the local currency during withdrawal.
Yeah.  Perhaps there really is no normal or optimal solution to this issue.  You are probably right and each casino solves problems with cryptocurrency payments in its own way and based on the requirements of local regulators. 
But the option of withdrawing from a deposit is apparently good and is most likely used in the practice of casinos in their locations.
Well, let me pretend that I understand you correctly, at least a bit, but for the benefit of the doubt since you are not so clear in your narration, did you mean that some casinos will offer you the crypto deposit and will not allow you to withdraw through the same means but through other means supported by their local regulators? I decoded this from what you wrote since this is actually happening in trading and investments but I have never witnessed such with crypto casinos. If this is the case as well, then it is not fair, both shouldn't have been allowed if To is allowed and Fro is blocked to avoid discrepancies.

The cryptocurrency itself made it possible for international casino businesses to be more known and accessible, and it should be fair to be allowing the same means of deposit for the withdrawals, but only ensure that the money is paid back to the account/address that deposited the funds. This is the international standard and I know that it is in compliance already with the Anti-money Laundry Act, so what? It also makes transactions tracebale which should not be an issue for regulators to trace and not make it difficult for the customer to get back their money if the option they want to force on them is not comfortable.
559  Economy / Gambling / Re: How Crypto casino market themselves? on: May 04, 2024, 03:39:06 PM
Marketing is a strategic means to attract new players to the casino and in this situations casinos are employing every possible open marketing means to reach their targeted audience, so since gambling have a limited space for marketing it is important to key into the few Window open to them, for example google did not permit gambling ads on their platform but that doesn't effects casinos from marketing themselves from the other options open to them, e.g forum signature and other ambassadorial activities are the prominent ways that casinos can market themselves alternatively to other platforms that limits their adverts.
One question: Is Google's ban on cryptocurrency casinos still in effect? I can almost swear that I've seen casino advertisements outside of the forum as well, but I might be mistaken. Generally, they're advertised on any cryptocurrency-related website, service, or blog, but their presence is a little laid-back, especially if you take into account that many countries have banned them and prohibited their access without a VPN.
Google's ban on crypto casinos? I am now curious because this is the second time I am reading a thing like this. Maybe it is about different jurisdictions because nothing like that is happening in my country, and as far as I know, it is not happening in many countries as well. As we know of late, the EU, India and some other countries are trying to enforce some effects on the giant tech companies, which might be one of the reasons for this and could only affect those people using the IPs of those regions. On another thought, the VPN is a very good factor one should consider here because you might be in Asia and be using one of the EU's countries' IPs, which could cause that experience as well. But for me, I have never seen any Google restriction effect whatsoever relating to crypto casinos in my everyday Google activities and searches.
560  Economy / Gambling / Re: My betting strategies on: May 04, 2024, 03:22:56 PM
Everyone who has developed his own gambling strategies will believed they are the best, i wont doubt about that because that is what we are using on gambling and still fetch us wining sometimes, however, there is more need to be able to develop more on some of this strategies, revise on them and make use of additional ones to help have more better gambling experience, which is one of the best reason why we need to developed gambling strategy, so that we can enjoy gambling each time we are doing it.
By adopting a new and personal strategy one can consider himself a professional gambler and think that his strategy is the best but unique strategy is not the only solution when it comes to gambling. your luck plays a big role there.  But everyone can be happy using their own strategy.  But their fate should not be forgotten. and gambling should not panic and bet. no matter how unique or good the strategy is, the bet should be kept at an amount that you won't lose a lot of money if you lose.
Merely having a gambling strategy doesn't make you a professional gambler, and by the meaning of the word "professional," it could only mean that the gambler is taking it so seriously to the point that he takes it for his profession. Unfortunately, almost all gamblers globally do not qualify for this appraisal, except that they mistake it for something else. Gambling is a very good side activity if we can take it for what it is and not being desperate about it. But the reverse is the case, which makes it to be considered so risky and dangerous and more reason why people cannot even dare to make it a profession talkless of being professional about it.

And yes, luck plays a very key part in gambling success, which is why you see a gambler who started today making huge success in it compared to the ones who had started long years ago but still struggling in it to the point that many are frustrated and addicted to it. But still, let's be experts in it even as our skills commend the plausibility of the luck we can have in it and not rely on luck alone
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