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561  Economy / Gambling / Re: I've Made Millions abusing Exploit in a Crypto Casino - AMA on: February 23, 2024, 08:52:13 PM
This is an interesting story but would you be able to provide some proofs to us? Some people might have think that this is not good conversation but I think there's no harm on it if it happened 10 years ago, I'm pretty sure gambling sites already solved that exploit and managed to improve their security. I was curious what kind of exploit you've found and how would you be able to withdraw that money if you've made millions? I assume you also deposit a big amount and what kind of casino is that?

I think it came from third party casino games as those are the ones that are vulnerable from exploit.
This member can not prove anything to you or the other members of the forum,  and also he have exhibited a strong sign of not good to be trusted since he come out openly to say he want to render service on how to abuse a casino,  and requesting members to contact him privately,  this story may not likely to be truth and even if it is true I am not interested in him sharing any details about the exploit since I am not interested in it because at the end you will run into problem with the casino that you exploit.

And also the ops complain about how the casino treats their employees,  but left for me,  if they are not ok with the condition of work,  they could easily resign and best the work goodbye,  and that doesn't call for the abuse not to be reported or sponsoring a campaign of exploiting them with the bug that is discovered.
562  Bitcoin / Bitcoin Discussion / Re: El Salvador has become the first country to make #Bitcoin legal tender! 🇸🇻 on: February 23, 2024, 08:41:10 PM
Financial Literacy Revolution. It's a future where every child learns about Cryptocurrency in their Academic Education. Nowadays, Learning crypto is to earn more foreign currency. Here they highlight, that Block Number 1 isn't just a physical space; it's a gateway to economic empowerment for generations to come. Children are very happy with their first transaction, they are not only learning more but also they learn more about how to generate money. Children will be opened to their source of possibilities, where financial independence and prosperity are within reach for all.


Hopefully they are not learning about shitcoins.
Shitcoin will definitely come into the forefront of the teaching although since Bitcoin is the main adopted coin in El Salvador,  it may be difficult to have such academic activities without mentioning Bitcoin,  even though there will be a lot of distractions to mention shitcoin along the line because many El Salvadorians are after quick bulk so they are mostly shitcoinairs,  and that will directly influence their mindset towards learning.

I guess the government would have put mechanisms in place to check the academic activities and how the Bitcoin knowledge is being fought in the schools,  anyways,  along the line,  there will be a tin line which will distinguish Bitcoin knowledge and shitcoins in general discussions.
563  Economy / Gambling discussion / Re: Do You Phase Or Are You Slowing Down Your Gambling Activity When.... on: February 23, 2024, 02:55:21 PM
Did you slow down or are you taking a vacation? how long is your vacation before and after the religious activity?
I am not gambling frequently. So why the need for me to take a break. If I have the time to gamble, I will gamble. If I do not have the time, I will not gamble. My gambling activities are not about the festive period. It is about having time to gamble. During the festive period, I might have time to be with friends and gamble together which is fun for me.
Oshosondy it seems you have deviated from the main argument of the ops which is based on religious activities and not just the festive period.

Taking a break that the ops means is when you are engaged in religious activities like the Christians that the ops mentioned have the fasting period and even the Muslims do too,  so the ops want to know how we as members of those religions handle our gambling during the period of fasting and other religious spiritual things such as prayer and fasting.

For me,  during a time when we are involved in anything that has to do with consecration, I usually stay away from activities that could engage my mind with anything negative so I stay off gambling and all other fun-seeking activities to focus on the program.
564  Economy / Gambling / Re: 1XBIT.COM ᐉ 7 BTC WB ᐉ Altcoin Betting ᐉ no KYC ᕗ Instant payouts on: February 23, 2024, 08:16:39 AM
1xbit doesnt even have a license... valid or invalid... so everything is said.
Undoubtedly 1xbit is a scam site which was proven a long ago. But I could not agree with you that as the site doesn't have a license means the site is a scam. When there is a licence even the site can make a scam.
shaman you are right on the nature of license by casinos,  because at some point,  licenses just sound as just a document that holds no power because we have seen some casinos with valid licenses still turn out to be scams and some others that don't have licenses treating their clients in the most fairness as possible,  so this difference comes from how what the intention is f the team is and how determined they are in building that reputations as long as casino operation is concern.

Another challenge in the area of casino licenses is the area of verification of those licenses because we have some casinos that parade themselves as licensed casinos but the licenses are fake and invalid,  and since we don't have any free online mechanism to check the validity of that license,  it became extremely hard for us to verify which is fake and which license is original.

1xbit license may be invalid fake or not even available at all,  but with the level of their corruption, they still find their way and keep operating based on that license and claims,  anyways,  the best for us right now is to avoid them as much as possible on our own.


565  Economy / Reputation / Re: What Sort of Signature is "FUCK Royse777"? on: February 22, 2024, 11:36:07 PM
I'm positive that I've seen a signature space wearing exactly that on this forum. Never knew someone paid for it. Anyway, I told them no deal. I'm sure you'd see another wearing it if you observe well. It's actually a newbie account so you can't know the person behind it.
Really I haven't come across any member wearing that signature and even if anyone does that,  it won't take long before the account gets tagged by DT members,  this is because we don't welcome such blackmail here in the forum.

And again can you please share a link to the member wearing such a signature, I am curious to know how that signature looks,  and also the member wearing it,  it could be someone trying to get back at Royse by all means and he chose this cheap blackmail.
566  Economy / Reputation / Re: What Sort of Signature is "FUCK Royse777"? on: February 22, 2024, 11:13:48 PM
A member asked for the cost of renting my signature space and I told them. Was kinda shocked that the signature is "FUCK Royse777" What sort of signature is that. Would Royse777 or any member be informed about this mind explaining? Have you seen anyone wearing that signature? I think I have but didn't observe closely. What is the purpose of this signature ad? Is it a sort of promotion for Royse777? Why the aspersion?
That could be an enemy or a competitor trying to use you to promote hate speech, blackmail and cyberbullying against the person of Royse777 who is a notable signature campaign manager here in the forum,  and this can be the lowest point anyone can go trying to destroy the person of Royse.

Just stay away from such offers and better still expose the user here and ignore them ASAP,  they don't mean well for you and other members of this forum.

Lastly,  I still find it hard to believe this accusation to be true,  and I can't  figure out the possibilities, maybe,  you have to share more details about this.
567  Economy / Gambling / Re: How Crypto casino market themselves? on: February 22, 2024, 11:04:32 PM
I am curious to know who are their targeted audience and at what age group. In general gambling people target countries like thailand more but probably this is not the case with crypto. Do they target nerds or total dumbs? How efficient they are between their marketing tactics?

Many of the casinos we see these days don't even care about age limit so we need not to agitate on that.
Since cryptocurrency market does not determines the age of who is transacting or not, we may newbies especially the underage take the opportunity of this and keep funding their casino accounts to keep betting without restrictions. Few casinos do not ask for KYC and people do take advantage of this to bet.
lol they care about the age limit(pretending to be actually) because each site says they
are letting to register this or that age (but can be faked once deposit is coming)
there is so much to expect in the gambling community but there is also so much that 
they are hiding from us.
The possibility of underage and Wrong age usage will always be there in gambling,  and for sure,  not all will be captioned in the KYC since not all accounts are asked for KYC but then casinos can not hide under this to the point of allowing underage gambling at all time,  this is what we have to look at and before a casino will request for players kyc,  it has taken an entirely different dimension and to a point,  it has become a big issue where many underages have flooded the scene and sometimes it's out of the knowledge of the casino operators.

But also sometimes the casino owners may also choose to look away for the sake of revenue and as long as the player did not violate the casino rules and regulations, KYC may not be demanded,  the only way to combat underage gambling is by way of mandating all players to do kyc at the very point of account registrations.
568  Economy / Gambling / Re: ✨ Shuffle.com | The next generation of crypto casinos | Sports, Casino + token on: February 22, 2024, 10:48:24 PM
I am skeptical if small gamblers are counted as early adopters, as when they are referring to it, they are talking about angel investors and strategic private investors
But noah said in twitter that people who gambled early, weight more the formula they are using to calclulate the airdrops. So, in short early gamblers are getting more for their money.

Although i wouldn't have my hopes up with a huge raise for people who didn't gamble a lot of money back then.
I think they will stick to their commitment and if they said about early adopters then all those members who played on their platform should be considered not only the angel investors or private investors. I'm sure each player who adopted them deserves to get some share of the airdrop.

I know that the ones who played with more cash might get more value from the airdrop but the ones who even played with minimum should also get some share from it. You should not lose hope because if they are truly generous then they will also give share of that airdrop to those users who gambled with less money.
Who are the angel adopt and what is their level of holding in the casino,  to be referred to as early adopters and being treated specially to the point of creating a special bonus for them,  we may be getting the team wrong if we assume that anyone that starts gambling at the early stage of the casino should be treated as early adopters,  even though yes they are part of the casino from the very beginning of the platform,  they may still be other core investors who may have sacsacrificedr the casino in terms of finances and hold a share and a bag to honour them and this is one of those time to do so.

So for sure, we may have to wait for the team to make a statement about the situation and who the angel investors are and what role they play in the casino to be treated in the most special way.
569  Economy / Economics / Re: The increase of dollar affecting underdeveloped countries economy on: February 22, 2024, 07:21:26 PM
Edited out
Nothing is wrong with the dollar increase and besides we have other currencies that are higher than the dollar both fiat and digital currencies e.g,  1 BTC = $51k+ so should we now say that the increase in the value of bitcoin is causing under development in the united states?

The answer is NO
Why because the US economy is stabilizingd and has the internal capacity to control its economic demands and also working to manage the global economic meltdown,  same as developing and underdeveloped countries around the globe.

Global inflation is high and this is telling highly negatively on the economy of most countries around the world ss its impact is more felt in highly corrupt developing and underdeveloped countries whose currencies are weak and whose internal GDP is in the negative.
570  Economy / Gambling discussion / Re: Who's winning more casinos or gamblers? on: February 22, 2024, 06:59:45 PM
Every day, thousands of dollars enter or leave the treasury of casinos, and we always hear about a gambler who wins or loses a large sum of money.

The thing that caught my attention is that the casino never loses. The money that you win is not the property of the casino, but of another player. The casino is in the process of recycling the money that the players have invested. There is always a winner and a loser, and when you bet with an amount of money, you bet against the money of all the other players. If you win, they will pay you from their money, and if someone else wins, they will pay himBTCBTC from your money.

So the casino remains the biggest beneficiary, right?
You are absolutely right, this is why building and running a casino is a very profitable business, more reason why we see a lot of new casinos springing up almost every day.
This days, building a casino have become really easy, but the hardest job now is finding players.

In the game of gambling, casinos are always the winners, I mean, no body with the power to build and program his business will do so In a way that he or she loses to his or her customers, he or she much program the business in such a way that his or her customers will continually lose to him or her, with some minor wins here and there from time to time, so that the customer doesn't at any point in time start suspecting that the business is rigged against him or her.

This is exactly the same casinos are built, but in a much more advanced way where by, players are betting against themselves, when they all lose, the casino packs all the money,🤑,  but when some players win, the casino pays the winner from the money others lost, and also keep the rest to themselve.
This makes casinos the most and always profitable ones, as far as gambling is concerned.
Running a casino is much more technical and capital intensive than you think,  casino are paying revenue and cost of running the business coupled with advertisements and promotions all this takes money from the casino and most times,  it's not all a win-win for the casinos there are times that the players win huge sum and at that the casino will have to pay out,  reason why we have some complains of casino not paying out full amount of winning to gamblers who hit a certain high jackpot that it payment can cripple the operation of the casino.

So we need to check all that before we proclaims that casinos are easy and profitable to run,  but then due to the high technicality of the casino, there are sometimes gains that make it easy for them to keep running their businesses.
571  Economy / Gambling discussion / Re: A famous influencer lost more than $4000 in just 2 minutes. (2) on: February 22, 2024, 06:49:12 PM
~snip~

I think any gambler has lost money that they regretted losing. Personally, I have not met any gambler who would not lose. If I'm not mistaken my biggest loss in the casino was about $2500. Losing such money is very frustrating, which is why I began to use the tactic of limiting the deposit. Now I do not allow myself to deposit more than $200, so if I lose, I do not lose more than this amount.
Yeah, we all have hard those sad experiences,  losing in gambling is an inevitable thing and for that, we need to get used to it despite the frustrations and bad feelings that come along with losing regardless of how much,  some times when luck is not on our side,  no matter how we try we will still end in loses,  same as when luck is with you,  you win every game as if you control them.

So let's take each feeling as it comes,  on the winning days we stay happy and bad days, and we endure till the next,  this is how it goes in gambling and even in real life.

But losing money always comes with its own peculiar pains sorrow and regret especially when you fail to take actions that could have saved your money at least.
572  Economy / Gambling / Re: The most liquid companies in the gambling industry on: February 22, 2024, 06:34:34 PM

This issue of gambling scams/cheating could happen to anybody and the most legit casinos could be greedy at a point too, it all depends on the teams involved and the amount won by the bettor at that time. You see, a casino could have been paying the person for years, but at a time, they might turn their back, and I do not even know what to call that. Should we say they are not legit again or what? Because they will continue to pay others and still let them believe they are good, which is why I like to balance my opinion based on investigation and the proof provided on both sides when disputes arise between casinos and their customers and not take a side ignorantly as some would do.
In my understanding and believe that,  those casino that hard long term of reputation but suddenly turn bad is as a result of either attack or other for issues,  sometime only one among the team member will betray the company and then pulled an exit on everyone involved.

But many times,  most of the reputable casinos have had a long-term of good reputation without many issues and unless some few ones that hard technical challenges but are back online now,  this is what differentiates legitimacy casinos and scam casinos,  the level of consistency and good reputation iswhatdifferentiatese them from each other.
Quote
Well, I still blame this on poor regulations. Had it been there are strict regulations, the authorities could have weighed in and made the casinos accountable for their liabilities, and even fined them if need be, especially if further care was not taken after persistent issues and warnings. This alone will make them sit right and do the needful. Every casino should be accountable for winnings and pocket the losses proudly, that's how it should be, and liquidity or not, they are obliged to settle the winners' winnings, they do not just have any excuse to do otherwise. They should have rejected such a bet if they knew they were not liquid enough to take care of the potential winning. However, if they accept the risk, they should be liable. Their inability to pay makes them irresponsible and a scam.
Yeah, government need to put mechanisms in place to regulate everything that goes on in the ecosystem,  this is very important to the development and safety of all,  but aside from the government,  we as individuals still have the responsibility to guide ourselves and make sure to identify and expose fake casinos,  no matter what their tactics are and how long their choose to play the game.

But also we have to promote those that are meeting up to the standards of things and taking the time to build a good reputation for themselves,  and as much as possible operating in the most consistently accurate ways and manners whereby ttthesatisfactionn comes first before anything.
573  Economy / Speculation / Re: Hey! it's $50k today. on: February 21, 2024, 11:23:03 PM
Bitcoin ETF came with a lot of hype and positivity for bitcoin and many bitcoin investors think and prediction of a new all-time high market before the next block size reductions,  although we may not be certain about that,  but also we may lack the analytical tools or data to speculate accurately what will happen in the next couple of weeks to months to come,  but before then we have to enjoy the positive impact of the ETF approval that has ushered in a new price dispensation.

So for sure, it may have been delayed before the positive effects of the ETF approval but then we have it now and the possibility for Bitcoin to go above the 50k region is very high even before Bitcoin halves comes.

So let's wait to see what action Bitcoin will be taking in the coming days,  but we have some positivity already to help us make near-accurate speculations of the market instead
574  Economy / Speculation / Re: A new ATH before halving. Is it possible? on: February 21, 2024, 11:12:32 PM
We are a few thousand dollars away from the last all-time high and at that bitcoin doing a 52k price is definitely changing the narrative and way expect to see an all-time high price before Bitcoin halving, and if that happens that we have a new all-time high price before the next halving,  it does make it the first time in Bitcoin history where we see all-time high before Bitcoin halves and at that, we may say that this is a repeat of what had once been recorded.

And since the last few months,  many speculations have changed position and a lot have been calling for pre Bitcoinhalvesn bull market and the current market condition is pointing in that direction and with time,  we will likely know which position the market is going.

If Bitcoin could reach 58-60k before the next two weeks,  it will become obvious that we are set for the new price high and so we will have a different view and records for the future,  but not the first time that is happening.
575  Other / Off-topic / Re: Do you think gambling every day is better? on: February 21, 2024, 09:45:57 PM
My question is do you think gambling every day is better? From his reasoning and points of narrations.
For me personally, gambling every day would make me addicted, and I'm not sure that my mind can stay clear enough to make wise decisions anymore. If you consider gambling as a game, playing games every day is enough to make you tired, not to mention if you lose continuously, the feeling is even worse. In gambling, sometimes we can win a large amount of money at a certain lucky period, but it is not certain that we will continue to be lucky after that, so if you keep gambling every day, I think it will increase your chances of losing money. Choosing a good time to gamble I think will be more reasonable than trying your luck by gambling every day.
Aside from the tendency to get addicted while gambling every day,  it is important to note that gambling result is not guaranteed and for that, if you do it consistently,  you increase your chances of losing money more,  but none the less,  I have personally experienced this that the more you gamble the more you lose and the less you gamble the less you lose so for that, restricted gambling is the best form of precautions towards safe gambling and some time,  what affects us mostly is the fact that we can't draw a line between when to stop and when keep playing.

I had an ugly gambling experience last night,  and today again,  I was engaged in betting as a way to recover from my yesterday 'losses but to my greatest surprise,  I lost all the amount I deposited and at that point, I realized that it is a risk to gamble every day and to avoid heavy loses I need to take a long time break from gambling in other not to get addicted chasing the loses.
576  Local / Nigeria (Naija) / Re: Forex Crisis: FG plans to clampdown on Binance, and other crypto exchanges on: February 21, 2024, 08:12:18 PM
You guys can take a look at the Binance regulatory statement about this situation, the thing is that,  the news caption got it all wrong but what do you expect from a newspaper or bloggers, They just want to sell the news at all costs,  but then with Binance statement,  set a lot of records straight.

Link
https://nairametrics.com/2024/02/21/naira-value-binance-explains-actions-on-trading-by-nigerians/

But in general,  the current economic situation in Nigeria needs all the action that the government can take but in the right direction there is a lot of tax linkage in Nigeria and this is the main issue that is affecting our internal economy.

Cryptocurrency exchanges like Binance and the rest have only served as a gateway to bitcoin adoption in Nigeria and by the way we should also look at the taxation of cryptocurrency firms because they are making money from the Nigerian traders and not giving back to the country.
577  Economy / Games and rounds / Re: No Deposit Bonus 20 USD in BTC - Blackjack.fun on: February 21, 2024, 06:13:02 PM
Nice to see Blackjack back with some bonuses for bitcointalk members,  but the sad is that,  the requirement for the bonuses is almost impossible to reach and still come out with any winning because we have to look at some of the things that we should look for with this offers.

But the second thing is that this bonus may be for free play time and not the winning so it's still a welcome-back bonus from the casino, The 200x wager requirement is indeed huge to reach and by doing so the gambler will already have a long period of game time,  this is why we have to take the offer.

Thirdly I won't to know an old accounts on the blackjack platform take part in these bonuses,  so for sure we have to look at some things that we have to consider before subscribing to this bonus as old account holders on blackjack.
578  Economy / Gambling / Re: Casino vs. Stoc,Forex&Crypto Broker: Who's Really Playing You in the Money Game on: February 21, 2024, 05:19:04 PM
Your points are good, but we can still further argue the subject out based on the context of your narration. In both trading and gambling, we need luck, only that the level of luck we need varies, and that's if we want to view the expression called luck as existing at all. I must say that many times in my trading experience, there are instances that I could truly express that luck was at work for me, so it exists too there. Take, for example, a trader who analysed the market quite well and opened a buy position with 250 pips take profit and 100 pips stop loss. But suddenly, the market started moving against him abnormally without a valid reason, and for this, it (the market) changed the short-term trend to bearish, which is against the position of the traders. After some times of scary movements against the position, the market now almost hit the stop loss having moved 99 pips of it and remaining just 1 pips to hit it and close the position at a loss.

But suddenly the market could not proceed further with just 1 pips to hit the stop loss but just threatened for hours but still couldn't hit the level. Due to this, the trader could have just taken heart and abandoned the trade and closed his gadget believing he had already lost with no more hope. On getting back to the chart after hours of closing the gadget, he now met the trade in huge profits. I see that as luck and something similar had happened to me many times in trading. Also, the sports betting aspect of gambling could be likened to trading. The two are not so strongly the function of luck but expertise. This is especially true if we limit it to the buy/sell in trading and lose/win in gambling. It's the casino aspect of gambling that is so reliant on luck, even though the expertise in trading will still yield better results than the expertise in gambling.
When we want to discuss the context of luck in trading vs gambling,  we must bring so many things into bearing and as we go along with the analysis we should have at the back of our mind that luck is a subjective thing,  just as skills is subjective,  luck don't just happen,  you must position yourself for the luck so for that when it comes to trading,  luck plays a minimal role and, skills is what have the primary role in trading.

Gambling is based on luck,  because there are some games that you pourly depends on luck to win them, most of the times games like spin and dice and even football bets this have been the norm with gambling this is why we have more trust in trading than in gambling and just like I have said before, in gambling you can lose all your money 100% but that is not so in trading because as a leader you already have your stop lose limits and once the market get to that level your trade will just automatic execute and then take a lose at a point.

But we have not seen such happening in gambling unless if you take a cash out and that doesn't come when your games are a loss,  there only give a percentage at which you already won,  so in all you have to depend on luck at all time because even with your luck you still stand the chances of losing the bets/games most especially on in the house games.
579  Local / Nigeria (Naija) / Re: COULD THIS BE CALLED ADAPTATION? on: February 21, 2024, 04:47:54 PM
Is very funny how we complain about so many things going wrong in our economy but at the end everyone we tends to grow a thicker skin and adapt to the system and it will be seen like nothing happened within a Short time, now my question is, should we keep adapting and growing a thicker skin? or we should be expecting war because I don't really understand where our government is taking us to, A lot is really happening. What is your opinion on this?

It is nothing other than suffering and smiling, it is a race of the survival of the fittest, I also wonder about the same situation whereby you discover many people are complaining about how bad the economy is and yet, if you go to the market, you will be surprised on the rate people are buying and selling and the markets are moving, then I wonder how they were able to get the affordability despise the ongoing inflation, so this has brought me to my conclusion that whether things cost or not in the market, we should only focus on a purchasing ability because while we are complaining, many others are not being worried and they are buying and selling, we should get adapt to this.
You are very correct despite the high cost of things,  people are still buying and selling and most times buying things they don't even need and yet we complain about the high cost of things,  this should be looked at from the inward perspective and how they tend to affect us,  most times the Nigerians people are more of the problem because even some goods that are locally produced are being sold at a high rate,  this is why it has become almost impossible for government efforts to produce any results.

Other things that we need to look at are the government policy on price regulations,  how much government involvement do we have in market pricing and what are the cost of import exportation rate, A lot of corruption has led us to this point and at the moment the government are busy chasing shadows.
580  Local / Nigeria (Naija) / Re: Nigeria's Economic Problems on: February 20, 2024, 11:41:16 PM
Despite the fact that,  this thread is economic related,  I feels it will be fair and better if you have this topic on the Nigerian local board here: https://bitcointalk.org/index.php?board=275.0  and if you take a read through that board you will find several related threads as to what the economic situations is in Nigeria right now.

But also note that there is a global meltdown and the aftermath effect of COVID-19 is really telling negatively on the economic condition of many countries around the world so Nigeria's own situation may not be totally different from other countries around the globe who are suffering economic crisis and rising inflation.
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