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541  Economy / Gambling discussion / Re: Gambling Affiliates: Carryover of Negative Revenue Share Profit on: July 05, 2020, 06:57:41 PM
Ok so I checked the sportsbet.io affliate page here https://sportsbet.io/support/affiliate-faq

and found this:
Quote
If a player wins a large amount, does the negative balance carry over to the next month?

When your player wins at our sportsbook or casino, your commission might be affected since we deduct those winnings from the earnings. However, large winnings are not likely to occur consistently for a long period of time. When the player continues playing, your commission will continue to grow.

I didnt know about this and now I can understand what the OP means. So this is probably the first time I am seeing a casino which gives commission based on the player's win or loss aka casino's loss or win, respectively.

Now if I was in the OP's place, I would stop taking part in this type of referral system, they do give 35% commission but I prefer the 5% I get from other sites and that is only wager amount based and not win/loss based.

In my opinion, OP is being ripped off with this type of deal, even though the OP has not used any money to take part in it. Would be wiser IMO to go for the other casinos which I posted in my first post here. Wink

I was confused at first, but comment by comment and here we come. He is being ripped off, I agree with that. I never heard for similar referral system, even thou I gamble there and I got some emails from them about their referral system I never bothered to read more. This is definitely one of the worst systems I ever saw(for players of course), if they lose you make profit, if they win you lose your commission and you go negative for months or years, it's crazy! I would move from there to some other casino!

It's more than craty, it's outrageous and if he's wise he'll leave that casino at once. I've never been in situation like this and don't have experience with casino with such odd commission policy. But we always have the choice and its good to hear such experiences too.
542  Economy / Trading Discussion / Re: A good book to learn how to trade. on: July 05, 2020, 01:27:22 PM
Usually,to a new version of life which means in history we are now in computer age ,I think many of us has  already practical and using internet access therefore the majority to read book is through online and particularly in you tube so it's basically much more faster than the oldest style for studying about to trade .But in good process we have to study first before we enter the fields on crypto world as stepping stone to become a good investors.

I can agree that is much faster to search something online or watch some tutorial than to read a book but isn't that sad that no one reads books anymore. Amd not everything that could be found online is trustworthy and helpful. However, because of the fact that majority of crypto users want information fast without efforts there are actually no books or very few about trading.
Everyone needs at least basic.information and knowledge about trading and to become a good trader it takes time no matter where and how you get information.
543  Economy / Economics / Re: How Corona Virus changes our markets (with picture and charts) on: July 05, 2020, 12:23:19 PM
People are in fear, they are afraid that pandemic might come even worse in fall and winter. Economies are suffering all around the world and it will take some time for recovery. And recovery will not be fast and efficient if economies and our societied don't transform toward digital. I mean we already are in digital age but some processes need to be faster and people's mindsets have to change. Otherwise we will not survive.
544  Economy / Gambling discussion / Re: US Presidential Election 2020 on: July 05, 2020, 09:03:32 AM
I would never ever bet against Trump on any election. Dude shouldn't even be the president right now, he has absolutely no qualifications that makes him a good president but he gave a great lesson to American public by becoming president, that you can be anything you want as long as you are willing to get dirty and have powerful connections.

Plus, we now know that America is not really ruled by the president but more like senate, if the senate doesn't want president do to something they can stop him, who can stop the senate? Not really much.

There was even impeachment where congress found Trump guilty, that is their job to see if he is really guilty or not and when the impeachment was on senate it was already decided that he was guilty. What happened? Senate decided not to do anything about it and not give him a punishment. I hate trump as much as the next guy but I wouldn't put money on him losing between all of this horrible things he is capable of doing.

You have the point. To bet against Trump on elections isn't very wise thing to do. At first I also didn't expect that he might be a president and that man like he can rule anything and not country like America. On the second thought he's probably the exact choice if average American and how they think and behave so I wouldn't be surprised if he wins again.
He survived impeachment attempt, he doesn't care about Congress or Senate, it seems that he can do whatever he wants. I wouldn't bet my money against him.
545  Bitcoin / Bitcoin Discussion / Re: Can you hide your identity with bitcoin? (100%) on: July 05, 2020, 06:43:19 AM
Short answer: You cannot.

technically you can. why? 2 words: Satoshi Nakamoto.

so technically it is possible to stay 100% anonymous if you wanted to but it will be a very hard task (as you already explained) due to bitcoin's transparent design. but keep in mind that being able to trace transaction doesn't necessarily translate into de-anonymization not to mention that chain analysis has never been fully reliable either.

I'm not sure that in case of Satoshi it's just a technixal component or also something else.
Anyway, Bitcoin can't give you full anonimity but many users still think that they can hide theit identity behind it. Although at the begininig Bitcoin was much more anonimous now a great deal is traceable ftom transactions to IP addresses so there is no need for illusion that you can stay fully anonimous.
546  Economy / Gambling discussion / Re: Some college students in Alabama bet money to see who gets COVID19 first on: July 04, 2020, 08:26:50 PM
Well, youth is often lacking comon sense and brain so.I'm not surprised. But the very sad and disappointing thing is that they everything see as fun, including this virus and that health is something they can gamble with. Probably there was something wrong how they were brought up and what values they got in their families.
You just don't gamblie with yours or other people's health and lives
547  Economy / Trading Discussion / Re: How to Overcome and Handle Your Mistakes in Trading? on: July 04, 2020, 07:08:03 PM
The best way to overcome mistakes in trading is to learn from them and not to repeat them again. Mistakes will happen as well as losses, that is inevitable so you have to be prepared. That means that you have to have back up plan and enough funds to cover losses without deeper damage. The worst thing you can do is think that you will not experience loss and not make mistakes.
548  Economy / Economics / Re: Is the economy supposed to be a political tools? on: July 04, 2020, 06:18:24 PM
Economy and politics have always be connected and they can't function one without the other. And yes, politicans have always used economy as a tool to achieve their goals, with more or less success.
It's always the government that sets up economy policies and I don't know that any country is functioning different. There isn't a way that economy could be split from governments and politics and citizens have no other choice than to obey rules they set.
549  Economy / Gambling discussion / Re: CORONAVIRUS IMPACT ON SPORTS GAMBLING on: July 04, 2020, 03:38:04 PM
Despite the effects of the coronavirus on gambling everything is set to resume soon However, the impact of online gambling has increased due to the virus In the meantime, we should avoid visiting sports sites. If everything returns to normal we will be able to re-inspect the field and bet It is safest to stay at home during this epidemic But those who love gambling are more inclined towards online gambling than sitting at home.
Well, people choose to gamble online instead of gambling in casinos because of the risk that they may face when they go outside and face so many people knowing that one of them can be a carrier of the virus. Online gambling has increased its popularity since the pandemic has started. There are some gamblers who can't stop themselves and they choose to gamble online.

Everything will return to normal but it will take time and probably some things will be change as we will adopt to the new normal already.

Unfortunately, at the moment we can't be sure that everything will get back to normal as we knew it. Maybe this new normal is something that we'll have to get used to for indefinete period of time.
I hope this will not happen and I really hope that soon we could enjoy sports matches live and go to casinos and do whatever we used to do before.
Gambling online is definetely a good thing and I support that but I think that people also should have possibility for traditional gambling too.
550  Bitcoin / Bitcoin Discussion / Re: Bitcoins joins the bank on: July 04, 2020, 12:01:11 PM
I also believe that sooner or later banks will offer Bitcoin related services to their clients, like Bitcoin accounts, credit cards or loans. However, that will not happen over night and although sime banks are testing Bitcoin and cryptocurrencies in general that is still far from implementation in reality
One of the big obstacles for incorporating Bitcoin into banks is regulation or better to say the lack of it and also relatively small number of interested clients. We have to be honest and say that still small number of people around the world is using Bitcoin and banks are interested in high profit. So, to.offer some service it has to be profitable and with crypto that is not so easy to achieve. There are also volatility, high risk and similar so I don't think we will see classic Bitcoin banks soon.
551  Bitcoin / Bitcoin Discussion / Re: BITCOIN TRUST PROBLEMS: Bitcoin Investers will want to know about this risk... on: July 04, 2020, 07:06:10 AM
I think you should try to ensure people actually do balanced research in cryptocurrency rather than watching one video.

One person on their own is extremely biased, you need a group of people at least with varying ideology and competence to ensure you're emphasising accurate pro's and cons of the technology and coin...

Yeah, but it's easier this way. People actually don't want to use their head and think with their own mind, it's easier when everything is served on a silver plate.
But I don't actually think that this single video will change anybidy's mind. Bitcoin users and investors are aware of risks and downsides of Bitcoin and I don't think that anyone is denying that. But to compare then with cult and sending some wake up calls is nonsense and looks like someone has just fallen from the three.
552  Economy / Trading Discussion / Re: I wish there was an option to invest in multiple coins via one purchase on: July 03, 2020, 10:27:23 PM
I can't quite see a boom happening just because you're saving people a couple of extra clicks. And I'd rather be making my own bad shitcoin choices rather than have them made for me.

Automated and timed buys do seem to be relatively thin on the ground and that may well be helpful for people.

People like job being dione for them and instead of them, they like that someone or something saves their cliks. For the same reason they like trading bots.
I support automatization but on the other hand isn't not always good that something else is doing your job, especialy not in trading. And especialy because nothing and no one can't make decisions and take actions instead of you.
553  Economy / Gambling discussion / Re: List of Gambling Platforms with Issues. on: July 03, 2020, 08:54:16 PM
Instead create a list of gambling sites with issues, why not create a list of trusted gambling sites?

IMO most (probably all) of gambling platforms have encounter problem/issues at least once time. Some of them also already resolved when the support read the complain from gamblers. My suggestion you need to update your thread often and regularly if you find accusations/issues regarding gambling platforms on this forum or other forums.

I think that list of trusted gambling sites also exists or at least users post their good experiences with trusted sites.
It's true, every gambling platforme can have issues but there is a big difference if that happens occasionaly and without intentions or is that a constant issue and players have problems with deposits, withdrawals or even frauds on a regular basis, it's not the sane. I think that is good to share such information among gamblers.
554  Bitcoin / Bitcoin Discussion / Re: Are these just signs of a very bad month for BTC scaling solutions? on: July 03, 2020, 07:40:19 PM
No one writes a complex software without bugs, and this is the reason why Lightning Network is still considered to be in beta, even if it's used on mainnet. The more bugs found now, the less bugs will be found when it will get officially released. It's really sad  if people lose their money due to them, but as long as the damage is not too big and the fixes are quickly released, it all can be considered under control.

BTC is still miles ahead of alts, which are even more prone to bugs, and have inherently unsecure deisgns.

Unfortunately bugs are normal part of every developing process and although they can be harmful, simply can't be avoided. But although some users lose money in the Lightning network these are not so significant issues and I'm sure it will be corrected in near future. But some users don't understand that this is the phase we need to go through, so sometimes more education and information is needed.
555  Economy / Speculation / Re: Bitcoin whales are multiplying—while also getting poorer on: July 03, 2020, 04:27:47 PM
So to be precise, the number of Bitcoin whales is increasing but the amount that they each hold per wallet is decreasing, right? The HODLERS above 1000, let's say has 1001 Bitcoins and spent the 1 Bitcoin in a different asset, causing a decrease in wallet value. Lol.

Possibly they are investing in different assets during the current global situation, don't you guys think so? Or accumulating more in the sidelines, putting it in another wallet.

I'm not sure how correct this could be. Bigger number of whales but with smaller amount of Bitcoins. If their amount falls below certain level then they wouldn't be called whales anymore. That doesn't make much sense to me.
It might be true that they diversify their assets or possibly split their funds into multiple wallets. Generaly I don't believe that the number of whales has significantly increased.
556  Economy / Gambling discussion / Re: Football Transfers Speculation, Odds and Predictions on: July 03, 2020, 01:17:40 PM
<...>
Remember they also make expensive transfers, So that definitely affects the club's revenue on top of salary demands by most of those signed players. The players they try to sell off lately don't cost as much as the costs of those they buy unlike other clubs that can afford to sell off a player at a high price and not spend the immediately

To my opinion such transfers will become less expensive. After this pandemic and crisis that will follow football will transforn too and the costs will reduce. Of course, not over night, not for all players clubs but slowly we will witness the changes, nothing will remain the same.
557  Bitcoin / Bitcoin Discussion / Re: Opinion: 2020 Rise of Crypto Travel - Bitcoin & Altcoin Expansion? on: July 03, 2020, 09:50:05 AM
I think what OP says can happen in the future, as we see that new technology is invented by many people every day.
They want to use robots and other automation to makes their life simple.
That can impact the cryptocurrency, and we don't need to use fiat to pay, and we can only scan the barcode from the wallet to pay something.
Right now, you can use crypto to pay something, but well, we can not see many offline or online stores that will accept crypto as a new option in payment method.
But to see cryptocurrency can be used as a secondary payment system will need time.

It's inevitable for new technologies to develope and expand and take more and more important place in our lives. However, I think that such progress isn't so visible in case of Bitcoin and cryptocurrencies in general. Still very smal people use Bitcoin as a payment, many see it purely as asset and still very limited number of merchants accept Bitcoin or crypto as a payment method. That includes travel agencies too so I don't expect major progress to happen over night. Also, there is lack of regulation for cryptocurrencies especialy in financial world.
In the future we'll might see some improvement, especialy if such pandemics or something even worse become our reality for longer period of time but nothing will happen over night.
558  Bitcoin / Bitcoin Discussion / Re: Fun Facts about Bitcoins on: July 02, 2020, 08:53:14 PM
I though that btc uptime was 100%. it was not working? why?
5 btc faucet is my dream...

Are you referring to the faucet site?

Probably yes. Faucet sites were definetely one of the funniest things connected with Bitcoin. What a waist of time and efforts for almost nothing and so many people were involved clicking like crazy. Some even really thought they can make some real Bitcoins.
559  Economy / Economics / Re: Is global adoption of Bitcoin possible post-Covid? on: July 02, 2020, 07:55:41 PM
I'm not sure what to say. Since there are no exact data about Bitcoin adoption I think that we can only guess in which extend pandemic has increased adoption or not. Possibly this pandemic was opportunity to increase Bitcoin adoption and to present to the people the advantages of cryptocurrencies, especialy in times like pandemic but II'm not sure this opportunity was used.
Somehow I have the feeling, although is just a feeling, that adoption isn't significantly bigger.
560  Economy / Gambling discussion / Re: Home Court advantage = Not an advantage now because of no-live audience? on: July 02, 2020, 06:21:56 PM
I've just watched the majority of the NRL Rugby League game Melbourne Storm Vs the Sydney Roosters - an electric game played in Brisbane at Lang Park (I know the area very well).  With the partial easing of Covid restrictions there were more than a few people in The Cauldron evenly spaced out in rows.  While Sydney is 1,000+ Klms away and Melbourne more than another 1,000 Klms again there was no "Home Court" advantage as such with the game going into Golden Point and finishing 27-25 after an increasingly electrifying second half.

Although the game was played in Queensland, the spectators cheering seemed to be evenly matched, so it was hard to tell one way or the other if there was any "home court advantage".

Yes, that is hard to tell but on the other hand players are aware that there is no live audience so feeling isn't the same and thus sport doesn't have its full purpose
All kinds of sports also entered into this new normal but I'm not sure I like that. I hope that sooner or later we'lll get back to real normal, as it was before.
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