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61  Economy / Gambling / Re: Rollbit.com | Crypto's Most Rewarding Casino 👑 on: November 18, 2021, 06:37:34 PM
Most whales obviously got some other perks on top of the regular rakeback from the casino. On top of that, Im pretty sure that this guy has one of the Rollbot with 20% rollback so thats an extra of 20% of the house edge back everytime he wager. Thats pretty sweet deal for him to keep on playing in Rollbit isnt it, some other sites obviously offer less

This is how they are taking extra benefits on each bets placed with these Rollbots and you can see it is two sided profits as they are getting more on house edge and later on they can sell the nft on the marketplace for good amount which will be higher then what they paid for it most probably so extra benefits on that also.

A very wise investment, those whales knows how to take care of their investment.

Aside from making good money from the every game they've played, most of them are also good gamblers. Taking the perks while enjoying

that's really something that whale can do when co-existing with regular gamblers.

And, you point it out, NFT's can be more valuable incoming time, whales understand that too and take advantage of their deep pocket to invest in.
Whales aren't ordinary people; they became whales because they figured out how to generate money while having fun on these platforms. Money is only a game to them, and they are unlikely to be disappointed if they lose a few thousand dollars. As we delve into different industries, such as gambling or crypto, it's not simple to meet whales who can put you under pressure, who can play along with the corrections and losses, and who most likely know how to manage the money.
62  Economy / Gambling discussion / Re: [CHESS] World Championship 2021: Carlsen Vs. Nepomniachtchi on: November 18, 2021, 06:01:30 PM
It's the first time I've seen a chess post in the gambling section, or perhaps I've missed one.

Well, if you bet on Nepomniachtchi, you'll make a quick profit. We all know how amazing Carlsen is at chess; he's a God who has won numerous championships. But considering how you can earn money for an easy 3.3 odds since Nepomniachtchi won't reach the final if he's not that good right?  According to my research, Nepomniachtchi and Carlsen had a great recent match with 40 draws. So I'm suggesting that if there's a possibility with a big odd, we shouldn't pass it up.
63  Economy / Gambling discussion / Re: 🕹️ Esports 🎮 Prediction & Discussion Thread on: November 18, 2021, 05:43:20 PM
Team secret already announced that Sumail and iceiceice will join the team! It's kinda pretty scary team they built there, hoping for the KING sumail to earn TI champ again! I think this is the team where Sumail can really shine, waiting also for OGdota2 team to be announced.

64  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Is Shiba Inu Coin a better investment than Dogecoin? on: November 16, 2021, 11:35:57 PM
Neither of these projects have a valid use-case. They are meme-coins. Speculative gambling at best.
I’d be lying if I said I never owned any. But just a few dollars here or there. These aren’t serious projects for real investors. And they probably won’t be around in the next 10 years.
Meme coin might be a utility coin similar to Doge, which is now accepted as a payment token by some merchants and will, of course, be utilized by Elon Musk. Don't underestimate those shitcoins since many individuals are already profiting from them, but I'm sure that many more are losing money because new investors are the ones who are affected because they are unaware of pump and dump schemes. If we're talking about meme coins, pump and dump tactics are probably the most prevalent situation, but they'll eventually find their utility once they're used by a large number of people.
65  Bitcoin / Bitcoin Discussion / Re: What's your strategy to carry on making money when Bitcoin turns bearish on: November 16, 2021, 11:00:32 PM
Hi, I'm just trying to plan ahead here and assuming that we are going to have a bear market at some point in the next couple of years, I would like to try to put my bull market profits to good use. I was wondering what is your strategy to continue making money when things turn bearish?

Whether it's shorting, leveraging, trading, earning interest, finding hidden gems, longing coins that perform well in a bear market, investing in gold or the stock market or anything else, I'm interested to hear what strategies you are planning to use and how you are planning to execute them in order to continue making money. If you made money during the last bear market I would be interested to hear how you did that as well.

Thanks.
Make money by shorting futures with a large of leverage. It's risky, but it's probably a lot of money. Alternatively, you can sometimes make money on shitcoins because those coins are controlled by the pump and dump. You can still make money by joining the pump of each shitcoin and ensuring that you profit once the pump ends. Finding hidden gems is really one of my things when the market is very bearish, it could give you easy x10 if it pumps.
66  Bitcoin / Bitcoin Discussion / Re: What to do with whales? on: November 16, 2021, 10:38:30 PM
We can't blame holders who have the ability to dump at any time because they're the ones who believed in bitcoin from the start and can buy it at any price. This is an investment, which is why, in order to gain money, you should be able to plunge in and swim in the ocean. Whales are whales, but they won't sell until they're satisfied with the profit they'll receive. Also, because the market hasn't gotten centralized as a result, it's still worse to have a bunch of fud cases than a whale selling his bitcoins to cause the market to crash.
67  Alternate cryptocurrencies / Altcoin Discussion / PEGAXY (Pegasus Galaxy) - Racing Game new NFT? on: November 11, 2021, 09:17:19 AM
I saw this new NFT game that piqued my interest because horse racing is a popular pastime among adults. I'm sure this NFT game will catch the interest of gamers and, of course, horse enthusiasts who bet on every race. If you don't have a horse (they called it a PEGA), you can buy one in the marketplace or breed like Axies. So, similar to AXS, the usecase of PGX, their token, is for breeding, which would be inflated if a lot of breeders joined Pegaxy because scholarship is also relevant on this NFT game because PEGA might be expensive.

Economy wise
Certainly, the economy is very good, unlike other NFT games that die quickly due to a large number of minted tokens that damage the economy and, of course, the pricing value of the NFT token. That's one of the reasons I don't invest too much in NFT games, where everyone who invested from the beginning gains a lot. It's virtually the same with pyramiding, where those who invested last don't benefit much, and of course, the economy is already flawed and can't really provide a good P2E experience.

They do have a nice website, though, so give it a shot, guys! It could turn out to be a hidden gem once the game is out! I'm not sure whether they have any news about them joining the metaverse hype that may influence the cost of PGX, but I do know that their foundation is already solid because the team is DOXXED on the website and they seem to be doing well based on their posts and updates.

Website: https://pegaxy.io/ <-- try to visit it, all of the info here is very detailed and I read that Nov. 15 is the beta for those who bought NFTs during the NFT sale.

#DYOR
68  Economy / Speculation / Re: What make people panic sell? on: November 10, 2021, 10:48:23 PM
People sell if people dump, that's the basic concept of things in the market. People get fomo or Fear of missing out, and they're very afraid too much that they won't reach that kind of money again. In any behavior, I guess that it's normal since many people are using it to make money and it depends on our own needs.
69  Local / Altcoins (Pilipinas) / Re: MIST (another NFT game): Legit P2E or Scam? on: November 09, 2021, 07:47:59 AM
Idk why some people still don't want to trust MIST

But hey, if meron kang time, try to research about it again.

Having research is really essential lalo na sa mga projects an ganito, make it sure na huwag masyadong sumasabay sa fud and try to learn if a specific address is for marketing ba or dev wallet since it's really hard to develop a MMORPG game, a lot of details is needed and ofc, more money will be spent to create this. But if it turns out to be a scam, then both sides nawalan kasi rn, and daming naniniwala sa kanila and syempre sayang rin and progress nila sa game kasi I saw their updates on discord (you guys should join too for more info) and sobrang dami ng updates. From $0.05 to $0.241973 right now, free money for us who trusted them, it's literally payday for us.  Cool

Chart: https://poocoin.app/tokens/0x68e374f856bf25468d365e539b700b648bf94b67

--

Yung models dati na usap usapan na binili nila which is actually fine lang naman kahit bumili ng models kasi under naman ng unity assets yon pero rn, binago nila yung mga models and sobrang laki ng changes if icocompare sa nalaro kong marketplace ng mist last time.

https://www.youtube.com/watch?v=WG_1DHWeFMI&t=1s
70  Economy / Gambling discussion / Re: The Gambling increase due to the pandemic, stats, UK on: November 04, 2021, 04:55:02 PM
It's no surprise that the gambling rate increased during the pandemic. This crisis has brought a lot of stress and emotional burden to most of us. This has been one of the greatest challenges that even the rich have a hard time battling. Lockdowns were imposed for safety precaution. Hence, people have no other choice but to stay inside their home.

With that being said, people have a very limited interaction and recreation physically speaking, that's why some resorted to entertaining oneself online. Online games and gambling become a thing. Those people who are already a gambler prior the pandemic have their chance to continue what they were doing before and those people who are looking for entertainment and past-time found comfort in online gambling.

While there are people who are gambling for the sake of their enjoyment, there are also people who are just desperate to generate income. Some people made gambling their way to earn money. It's risky, but it would be harder if they'll just let their families starve without doing anything at all. Like what they say, desperate times call for desperate measures.

Hopefully, they know well enough their limitations and boundaries so that they could continue what they are doing without compromising what is more important and necessary.
Yes, for some people, gambling is a recreational activity as well as a stress relief. So it's natural for some individuals to be interested in gambling, especially now that we can't go outside or our options for entertainment are limited. Because of the pandemic, online gambling has become more popular, and the number of players has increased. Right now, because the current scenario is going well, many individuals are getting back into gambling, especially those who had quit because they couldn't go outdoors.
71  Economy / Gambling discussion / Re: Poker Tips- what kind of strategies do you use when playing? on: November 04, 2021, 04:30:04 PM
Bluffing is great if done correctly. I would argue that you need to bluff in at least one of every twelve full rounds, if not you will become too predictable and will deter others to bet when you do so. However that needs to be tuned to the game in question and with the understanding of the level of the players involved. Bluff at the wrong moment and with the wrong people at the table and it will bite you back hard.
Yeah, it's great if you're doing it if needed. You don't have to bluff most of the time but if you do, make sure that you're doing it properly. There are poker players that are good in it.
But knowing if the player has been bluffing most of the time, I think that you'll find it out when you're also looking at how they react with their cards. This might not be noticed by many but if you're like that, then you'll get to see and can predict that to happen if you get the pattern of the other hand does it.
Bluffing too much will cause your opponent to guess your action, so it's not always a good idea to bluff. If you truly want to win a poker game, be unpredictable in the game such that no one can consistently defeat you in a poker room. It's simple to defeat someone who is incredibly predictable and can't even bluff; even if your cards aren't very good, you can still win.
72  Economy / Gambling / Re: Rollbit.com | Crypto's Most Rewarding Casino 👑 on: November 04, 2021, 03:56:17 PM
NFT's is open to be access by everyone also with Rollbit NFT so for sure there are unexperience people who join at the sale knowing that this casino has a reputation and for sure their intention is to resell to gain profit and not for holding or collection purposes. But its undeniable that there's a long time Rollbit player want to have a piece of collection since they admire the site as well the management of it, also they believe the future of NFT's.
If people are knowledgeable that these early development of NFT and they know that it will really take time for these kind of investments to grow, they are more are blinded to early profits and seems haven't learn enough non crypto history. Just like traditional arts it takes time before it gets notice and have great value, I'd say it's the same as these NFTs.
On the other side we could say that you simply buy an NFT and it has no benefits associated with it and it's simple image then what research we can do on them? But still you will find them selling for such high prices and people making millions in them and this is all because of hype but there are so many so you need to DYOR before taking any step and invest in them which is also right.
Because NFTs are the current meta, people will undoubtedly buy them because they know they will be profitable. People don't usually DYOR as long as it's the buzz; they'll probably acquire NFTs for the purpose of profit, even if it means paying a lot of tx fees. People are making a lot of money in the current meta, and you should never dispute it since whales are playing it, especially in ETH and SOL.
73  Economy / Gambling discussion / Re: Going for the Underdog or Not? on: November 04, 2021, 03:37:37 PM
If I have some spare amount and wanted to place bets of unknown matches? First thing I will do is to make a simple search on the internet about those two teams and probably watch a few games or highlights or previous data for both teams. It's free and well I don't want to place bets randomly even though it shows on the odds who has an advantage but it was an underdog and we are not sure what they are capable of.
But Instead of risking all $10 on either the underdog nor the favorite athlete if I can't get quality statistics of both fighters I would rather split the $10 unevenly then bet on each fighter this way no matter the outcome I wouldn't be in total loss. Risking all $10 means the statistics of either fighter portrays strength for a sure win otherwise the sharing method is what I adopt
That is not always what a typical gambler does; no total loss is just not gaming. Some people will constantly take a risk in order to get a faster profit; this is natural in gambling because it is not gambling if there is no risk at all. But, yes, we all have different gambling tastes, and sometimes we need to play it cautious in order to keep our money.
74  Economy / Gambling discussion / Re: Fake bets on: November 04, 2021, 02:38:06 PM
they are like spices in a vegetable that is intended to make a product that many people look up to.
and indeed the first step is to make an agreement with the streamers or influencers in order to increase the interest of people who don't know about this.
although this kind of thing is very unethical but as long as we are on this path, we will prohibit it and maybe even we can find out something worse than this
It is a way to gather gamblers but it could also lead people to not trust the platform since the site provided a fake bets. Who would want to gamble in a site where even a bets record couldn't be share or using fake ones. That just means, they don't put a lot of effort in making their site more presentable and reputable and many will think that the chance of being scammes is high so it us better to let people know the real bets and total players betting when someone wanted to check.
apart from that all influences are workers and indeed we can't really blame it. because indeed they are paid even though it is really not justified but again they work and earn money in their own way.
apart from that they are just suggesting and the problem is human greed is so hard to control that's why more and more people are getting entangled

of course we can blame it on influencers if they do something that is not ethical
the fact that they are working doesn't magically makes integrity evaporate.
they're responsible for researching if what they are promoting to their audiences is legit or not
So where you would be heading first if you do find out that you had been deceived? This is some sort of situation that there's no one you should blamed on but only yourself.
You did make out such action or step and you havent been forced on to do so which it might really be unethical for them to show off some decieving thing but doesnt mean
that you could really blame them off directly since you are the ones whose willing to gamble on despite of that non fair site or service they are promoting into.
Yes, it sucks but i dont believe that there's something you can do.
I guess I'll blame myself for making that mistake because I trusted this approach, and of course, I'm the one to blame for being greedy with money. Gambling is gambling, and there is always a risk involved, especially if we trusted other people and realized it was just a business after all. Why would you rely on other people's money? Of course, we should conduct our own research on such matters before attempting to make a quick buck.
75  Economy / Economics / There are many online jobs out there. Crypto Opportunity. on: November 03, 2021, 10:26:23 PM
This pandemic, advanced technology, is really aiding us in finding jobs since it opens up a lot of opportunities, particularly in crypto. People who are knowledgeable about modern technologies can readily find work online. Some people are having difficulty finding work, but if they just know where to search online, they can quickly get one. Actually, this isn't my problem in life because I have a job that pays well, but because I want to grind more, I found some moderation jobs on crypto projects that pay well, almost as well as my work. It doesn't take much; all you need is a general understanding of cryptocurrency and, of course, a basic understanding of how to buy coins on various swap/exchange platforms. Consider how amazing technology has been to us, providing us with numerous opportunities that most of us can take advantage of right now.

Just make an effort to find platforms that provide online jobs, to learn new things, and to expand your network in the field or business you want to pursue (eg. crypto world). Let's assume here in bitcointalk, you can find a lot of extra grinds, campaigns, and you can also give your services if you're great at designs, and you can create some logos for crypto projects. Make use of your skills and be equipped every day because we never know when we will need money. We're fortunate to have these opportunities since we know where to go for online jobs.
76  Economy / Economics / Re: Steam bans blockchain games on: November 03, 2021, 09:51:28 PM
A lot of blockchain games are created purely for making speculative tokens for pump and dump schemes, so essentially they are just using Steam to advertise their investment scam.
This sounds like a valid reason also justify the steam's action of banning blockchain based games. How a platform will accept to keep on hosting "planned scams", if you ask me, any reputed services will take similar action in favour of their customers.

Steam's ban on blockchain games should not be left out like just another incident in crypto space. It is kind of alarming to this community like scams on crypto space is exceeding the tolerable levels. This way major service provider also may ban all kind of crypto activities when they find 90% of new projects are not keeping up their promises.
It is as simple as that, a centralized service like Steam has to protect their reputation and if some developers are acting in a way that could damage the reputation of their platform then they are within their rights to ban the game, and if a whole subsection of games are doing that then they can ban the whole genre of games that are doing it, and if to this we add those games are producing a lot of money and Steam is not getting any out of it then this is an even more powerful reason for them to ban those games.
Yes, it's a standard procedure for Steam to restrict blockchain games because they risk damaging their reputation as a gaming platform that focuses on reviews of actual gameplay. Because p2e games may quickly destroy the standard of the game, and most reviews will likely center on how much it will earn rather than how excellent it is.

I'm also against it because I'm a gamer and, of course, I play p2e games, but if I want to play a good game, I'll look at how good it is, but when I'm looking for a p2e game that gives fast roi and profit, steam isn't the best platform; instead, create your own platform or app that will launch the game. Steam is purely for those games that are all about enjoyment.
77  Economy / Economics / Re: Elon musk now the richest man in earth on: November 03, 2021, 09:03:22 PM
Quote
Elon Musk has entered rarified air in the world billionaire rankings. The Tesla and SpaceX CEO is not only currently the richest person in the world, but is now worth as much as fellow billionaires Bill Gates and Warren Buffett combined.





Can he sustain it for how long?

My question is can Elon musk sustain this new found financial spot for how long? We have seen bill gate coming back to this spot from time to time and occupying it for a longer time. Now that Elon musk is said being the richest in the world , is he going to keep to this status longer or we are yet going to hear another story of selling off assets because Elon musk is now known as a public stage man Grin Roll Eyes So what do you think?
Of course he can; Elon Musk isn't simply a regular guy who became rich. He's a genius, and he's used his knowledge to rise to the top of the financial ladder. With the current state of finance, he has invested in crypto, which has yielded significant earnings. Tesla, his company, made a large profit in Bitcoin, which they invested heavily in the second quarter of 2021. So obviously, he can sustain himself from being at the top of the leaderboards.
78  Local / Altcoins (Pilipinas) / Re: Wax NFT GAMES on: November 03, 2021, 08:53:43 PM
Mga lods sino dito fan ng nfts sa wax? San kayo nag babasa ng mga newest news sa mga nfts sa wax?
Can anyone give me links about dito?

Curious na din ako about WAX and balita ako na madaming NFT games dito.

Is it profitable ba if ever na mag invest every game na nirerelease nila sa WAX? Parang katulad lang din ba ito ng Factory Chain na more games and yung coing might gain easy x2 kasi madaming magiinvest at maglalaro ng p2e?
79  Bitcoin / Bitcoin Discussion / Re: Tesla make 1 billion profits from it Bitcoin holding on: November 03, 2021, 08:19:23 PM
As Bitcoin price relies on around $58,000 investors are already recording their profits and one among them is Tesla, a company own and operated by Elon Musk a popular cryptocurrency whale. The company bought 43,200 Bitcoins sometime in February 2021 have yielded a 65% that is 1 billion dollars profits at the present Bitcoin price.
Credit: https://cointelegraph.com/news/elon-musk-s-tesla-is-already-1-billion-in-profit-from-holding-bitcoin
Imagine you bought a lot of bitcoin, then Elon Musk caused a fud due to energy consumption, then there was a recovery and a new all-time high rn, but the Tesla firm still made a lot of money.

Sometimes I wonder whether this is all calculated and analyzed because Tesla and Elon Musk are doing so well in the crypto world.
80  Bitcoin / Bitcoin Discussion / Re: How to explain Bitcoin to Newbies on: November 03, 2021, 08:06:17 PM
If I were you then I would teach it just because I want bitcoin users to grow more. But the main requirement for teaching a beginner about bitcoin trading is never to hold yourself accountable for the gain and loss experienced due to price volatility. You may need to teach him the basic of trading and the risks involved and if your friend feels ready, continue learning. You are only responsible for teaching the basic of trading, and let him start learning a lot once he gains a lot of experience.
To be honest, this is essential.

The majority of newcomers are in the crypto world to make quick money, and we all know that quick money comes with a lot of risk. If they don't want to lose their money on coins that don't have any use cases, often known as shitcoins, they need to learn the fundamentals of trading.
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