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6061  Economy / Gambling discussion / Re: Do you take team's cohesion into account when betting? on: February 18, 2021, 09:13:13 PM
Of course it applies to real life, you need to carefully check team's currently statistics before betting. Teams which have only a *star* player and nothing more are just useful to promote the best player's career individually. The strategy for rival teams is very easy on these cases: just neutralize the best player during the match with fierce chasing and the rest of the team won't be able to do anything.
On the other hand, balanced teams which have many average players can offer a harder challenge to rivals. That is because the team's strategy relies on different elements and not only in one super-star player, so it's hard to neutralize such strategies.

As average teams aren't the favorite ones you can make a nice profit by picking the right one at the right match if you read these statistics correctly and of course, if you are lucky.
6062  Economy / Economics / Re: Economist predicts demise of global central banks on: February 18, 2021, 07:24:03 PM
Quote
Harry Dent, economist and author of ‘Zero Hour,’ joined Glenn Beck on radio recently for a terrifying discussion about what may come soon for our financial markets. He says because the federal reserve and central banks are pumping money into our financial ‘bubble’ at record speeds, there will come a time soon that the bubble naturally will pop. Dent says, despite what the masses may believe, that fueling the markets with additional, printed money will NOT save us from an economic crash — in fact, quite the opposite will occur.

https://www.youtube.com/watch?v=JxUGlVKXI_M
Well, maybe for tier one countries it's something new, but it's already happening since a long time ago in third world countries which have to replace their national currencies from times to times due to bad economic decisions such as populist welfare programs, high state expenses, corruption, low productivity and the classic money printing without limits as if it was a solution.
Besides all complainments USD is still one of the best and most trusful currencies in the world, otherwise we wouldn't have stablecoins here backed by american dollar. On long run this bubble will pop, but it will take a long time yet. By that time many other countries will have suffered already so the strongest economical countries, like USA, will have time to adjust their strategies to avoid the same happening in their countries.

I think the information laid out here about bubbles is ok. They try to spin the negative outcome of bubbles popping into a positive event by claiming it would destroy central banks. Which is ridiculous. Ruling elites would never allow the control and influence central banks give them to be tampered with.
I agree. Central banks are never going to be closed. It's literally a money making machine.
6063  Alternate cryptocurrencies / Altcoin Discussion / Re: Online Education, the future of learning? on: February 18, 2021, 06:14:43 PM
I can't see a blockchain usage for online education. Maybe some people think if you pay or are paid to study online through crypto currency it's already a blockchain usage, but actually it's just a payment method for a service like any other. Education is usually taught by centralized institutions which have their own private methods to store data, or it's just a business between two individuals (teacher and student), being a public blockchain not adequate on these cases.

On the other hand maybe I'm missing something here and there will be a usage for blockchain in education futurely, who knows...
6064  Bitcoin / Bitcoin Discussion / Re: Will Nigeria Come Late to the Bitcoin Party? on: February 18, 2021, 05:21:59 PM
.....
When the central bank of Nigeria banned bitcoin, did you see any drop of bitcoin price? It is not possible because Nigerians still make use of bitcoin. There are many active p2p market that Nigerians have moved to now which is better than bank transactions. Better thank bank trasacrions because no charges by bank but p2p directly. If you think Nigerians are not buying bitcoin, you are not thinking about it rightly or someone is deceiving.
This is what I was hoping Nigerians would do to keep the pressure to their Government to step in and slap the CBN. It's hypocritical of them to allow exchanges like Binance to operate but takes a back seat if banks would ban crypto users' account.

Perhaps Nigerians can follow what the Indians did by taking this case to the court.
Since they keep P2P transactions they can continue dealing with bitcoin even if it becomes banned in Nigeria. Although there is always some risk, especially in that country, where the police authorities are abusive, corrupt and extortionist.

I heard a story days ago about a nigerian citizen who had his house invaded by police forces who were searching for fiat (bribery) in order to not punish the citizen, however this citizen didn't commit any crime apparently. Nevertheless, the police didn't find much money there, because most of his savings were safely stored in bitcoin, so they had to go away with pennies. After the incident, the man was very grateful for having bitcoin, as his loss would be much higher if all his money were in fiat. That is good nigerians are using bitcoin also to protect themselves against abusive state agents behavior. And with such levels of corruption in a country the less you need authorities' help, the better, so I'm not sure if it would be a good idea to take cases involving bitcoin to the court.
6065  Economy / Economics / Re: Reserve Bank of India - Most confused financial entity right now! on: February 18, 2021, 02:54:12 AM
Why regulate a cryptocurrency that can't be regulated?

I don' know why they can' understand that? They could stop the use of Bitcoin in their country but obviously, there are a lot of people out there holding their Bitcoins and still earning a profit with this huge surge. I think a lot of people would be pissed about their government and they won't be using that centralized digital currency, I mean, who would use it?
It is not that they do not understand this they actively refuse to accept this truth, governments do not want to accept that there is a currency out there that they can not regulate no matter what they do, but this is because as we know governments are really good at destroying anything that is centralized but they have great trouble dealing with decentralized enemies and unfortunately for them cryptocurrencies were created specifically to resist any attempt to try to censor them and the more measures they put in place the harder people will resist.
As they can't regulate it in a efficient way they try to forbid exchanges between btc and fiat maximum as possible. This way bitcoin holders will be unable to cashout their profits to local currency and consequently unable to spend their money, as very few places accept bitcoin as payment method. I can't deny it's a smart move from the government, but people can still hold their bitcoins safely for the future, that is what really matters.
Unfortunatelly those who need to convert crypto to fiat frequently are prejudiced for now. P2P transactions are a possible solution, but not everyone has access to trustful dealers to trade with.
6066  Alternate cryptocurrencies / Altcoin Discussion / Re: Darksaga: The Beginning game on: February 18, 2021, 01:44:17 AM
So why don't you add links to your official page, discord, telegram?
I've found your Twitter and Youtube Official Teaser, although I can't see any gameplay yet. You need to post a more complete thread if you want attention from potential players and investors.
There are many exciting blockchain games in development right now. A lot of quality and creativity are a must to be competitive on this field nowadays.
6067  Economy / Gambling discussion / Re: What games are best suitable for PvP gambling? on: February 18, 2021, 01:06:38 AM
Also, there are altcoin projects that allow people to challenge each other and bet on popular online games like CS:GO or Dota, but so far they didn't accomplish any major success.
This is the kind of idea which may not work at this moment, but in some years who knows... I think strategy games are the best way to play PvP introducing gambling to it. I say that because these matches have many views on youtube and it's not something repetitive which relies only on luck, but rather in players' skills which amaze the public.
Besides the games you suggested I would add real time strategy games which I consider an upgrade since the old strategy table games like chess. This game genre community isn't so big, but it increases year by year and a gambling addition may turn things more interesting for a different public.
6068  Bitcoin / Bitcoin Discussion / Re: Is it the right time to legalize Bitcoin in Bangladesh on: February 18, 2021, 12:19:35 AM
The Economist specialist of Bangladesh Development Organization, Naznin Ahmed[/b] said to BBC, the such money is getting popular all over the world. So there is no question of trust here. That's why, Bangladesh Bank should research it without fully neglecting it. Though it is accepting by the world so do we should go accordingly with such thing. There should also be a regulatory board to regulate it's legality or illegality or to control it.[/i]
They look so confused about bitcoin yet, what is very surprising since we are already in 2021 and bitcoin is alive for more than 10 years. Probably they are just waiting other countries act about bitcoin to reproduce the same regulations in Bangladesh. In such events the most influent country on the area is the first to introduce the regulations, followed by other countries right after.
Personally I think legalizing bitcoin isn't a good thing, as it will cut your profits and introduce more bureaucracy to be followed, however it's inevitable. The currently gray area is the best status in my opinion.
6069  Economy / Economics / Re: Fiat and cryptocurrency on: February 17, 2021, 11:20:00 PM
Quote
Fiat and cryptocurrency are the same but people in society differentiate them and value fiat because its adopted by the government far back, and since the existence of the world and also a specific country.
Fiat and cryptocurrency can never be the same. Fiat is a centralized currency, manage and control by the government of the country while cryptocurrency is a decentralized currency which does not involve third party.
That is true. But I think he just wanted to mean in a simplistic way fiat and cryptocurrency have the same finality, that is to make us able to acquire products and services through negociations in our societies. For that reason people who are against crypto currency should be more open minded about it, especially authorities who use their power to create obstacles difficulting crypto usage or even trying to ban it.

During the pandemic, fiat currency decreased at a point the government where confused with their currency that was decreasing in the process of the lockdown. bitcoin which the pandemic could not stop not to pump during the lockdown beginning to dominate to show that covid-19 can not collapse digital currency.
Bitcoin showed impressive results during the pandemic, while fiat went through the opposite way, what turned many economists and politicians against bitcoin in third world countries which are the most affected by the fiat devaluation. Sadly they see only the half empty glass and not the benefits bitcoin brought to many people during the pandemic.
6070  Economy / Gambling discussion / Re: Sponsor Money from Casino, Is bad or Good? on: February 17, 2021, 08:28:13 PM
Take in consideration the streamer will be making profit for that propaganda anyway, after all he is being sponsored. He can play with his own money, lose everything during the match, but his profit is guaranteed in the end due to the sponsor.

For me it doesn't make difference if the streamer is playing with his own money or with money given by the casino since the provably fair system is working, what means that is a legit gameplay with legit results. And of course, since the streamer doesn't promise *safe strategies* to gamble, what would mean misleading advertising.
6071  Economy / Gambling / Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest on: February 17, 2021, 07:42:05 PM
I'm receiving emails from Freebitco.in <noreply @ freebitco . in> offering wheel of fortune free spins to be claimed through a clickable link.
Although I can't find any wheel of fortune tab on my Freebitco.in account.

Is it safe? Can I click the link without risks?
6072  Bitcoin / Bitcoin Discussion / Re: Rich people causes cryptocurrency ban on: February 17, 2021, 06:39:14 PM
* If I many ask what is the major reason while some countries ruling class ban bitcoin transaction?
The public reasons depend on the country, but the main concern of all countries restricting bitcoin usage is about weaking their national currencies and consequently the local economies.
In Nigeria for an example, politicians fear that bitcoin weaks their fiat more than it already is.

Bitcoin has made the Naira almost useless, says Nigerian Senator

* What is the negative effects using crypto as currency?
Transactions which can take a long time to be completed if you don't pay expensive fees is the main negative side of bitcoin and crypto currency in general in my opinion.

* what harm does bitcoin contributes a country that can lead to ban?
Nothing justifies a bitcoin ban. Bitcoin can't harm a country which is already harmed by a weak economy and corrupt public agents. It only benefits a country's citizens on their individuality, by increasing their purchasing power for real, protecting their patrimony against corrosive inflation.
6073  Economy / Gambling discussion / Re: Three Indians arrested over illegal betting in ZACS on: February 17, 2021, 04:21:58 PM
Quote
"The BCB accused them of betting through digital means inside the stadium. They were formally arrested today," said Hasan Imam, a senior Chittagong police officer.
If these guys were gambling through digital means, why were they in situ instead of their homes or any other distant place playing safely? With so many gambling options nowadays I think it's foolishness to break not only the country's rules, but also the social distancing rules entering the stadium knowing that isn't being allowed for now.
6074  Bitcoin / Bitcoin Discussion / Re: Why do ordinary people feel afraid of Bitcoin? on: February 16, 2021, 10:30:51 PM
Also about digital assets. Digital assets have become a reality.
Did you know that Fortnite had nearly $2 billion in revenue last year?
Do you know what these billion users got? Different appearances in the game can give characters different dance moves.
You can play the exact same game without paying any fees.
Do you mean we can play the *bitcoin game*  successfuly making profit and even starting for free while others are going to play the same game, but losing money?
I think I didn't understand very well your comparison about Fortnite and bitcoin investment.

Anyway the main reason people are afraid of bitcoin is the high volatility and loss chance over their investments, without any doubts. With so many ponzi schemes and other traps around people tend to not believe in investments besides those guaranteed by the banks (which are unprofitable when put against inflation).
6075  Economy / Gambling / Re: GoodLuckMate - Bitcoin Casino Reviews You Can Trust on: February 16, 2021, 09:13:24 PM
Hey uneng,

We took your suggestion and created a poll. Please feel free to fill it out (link is in a post above) or let us know what your favorite crypto casino is. Anyone's input is greatly appreciated.  Cheesy
Hello. Thanks for letting me know.
I've already answered both questions of your poll. I hope more people take it as well, after all it's of everyone's business here what the best online crypto casinos are.

I'm not a Big fan of Review site because majority of them are are driven by Paid owners who give positive reviews to those who can pay for slots.

There are tons of them over the internet that pretend to be fair in judging but you cans till see scammers site staying good in their reviews.

~~~~~~~~~~~~~~~~~~~~~~~~~~

But will try to review the site if can be trusted and might consider using for my gambling activities .
That is why a public poll like the one @GoodLuckMate created is very welcome.
6076  Economy / Gambling discussion / Re: Why do gambling websites start investigating accounts only after big wins? on: February 16, 2021, 08:00:40 PM
If that happens then of course the reputation of their own site has fallen, does that happen to the gambling sites that are here? I don't think so, they or the users who get into the problem I think it's their own fault because I've experienced that. My balance was frozen at the time but after making a complaint, the problem was fixed quickly. So, I believe this is not a problem, unless they are a new site or even an untrustworthy site that will freeze their user accounts after a big win, because I believe trusted sites here don't do that.
I agree with you. If that situation happens the casino reputation is over. It will make a lot of whales run away from the fishy casino, because this is the kind of gambler who places the biggest bets and have more chances of achieving the jackpot. I think no casino owners want to distance this gambler category from their tables.
Casinos doing that may think they are smart when freezing big winners funds, but in fact they will be the main prejudiced after such news spread in forums like bitcointalk and reddit.

6077  Bitcoin / Bitcoin Discussion / Re: Can you say you made money if you never actally sell your coins? on: February 15, 2021, 06:19:28 PM
Quote
Can you say you made money if you never actally sell your coins?
As long as there is high liquidity in the market, yes.

Money = purchasing power

In other words: as long as there are people willing to trade with these coins, consequently valuating it a price, you have purchasing power in your hands. But once no one has interest for it anymore, your coins lose all their purchasing power. However not only crypto currency is under this risk, but also and more probable are the fiat currencies which lose value along the years.
6078  Economy / Economics / Re: Earning interest on your crypto on: February 15, 2021, 05:14:15 PM
I think it depends on your currently financial situation. If you are in a confortable position and have another sources of income the risk doesn't worth, but if you need crypto currency income to increase your life quality, 6%-7% yearly besides bitcoin market oscilations will be very helpful.
LTFTFY
..then you should change your life plan as once you're talking about not putting all our eggs in one basket but at the same time depending on something that might crash tomorrow to 10% of the value? That's no plan that's gambling!
Thinking this way everything in life is gambling. Investments like this aren't supposed to return large profit sums on short run, like any other passive income investment, after all it's not a ponzi scheme. If the investor isn't able to take the risks on short-medium run this kind of deal isn't for him. However on long run the chances are at bitcoin side, that is what I believe.
Furthermore I like the idea of earning interest on crypto currency because even in a crashed and bearish market scenario you can cashout some profit without sacrificing your initial investments.
6079  Economy / Trading Discussion / Re: what do i need to be a successful trader ? on: February 14, 2021, 11:11:33 PM
Quote
what do i need to be a successful trader ?
Luck?

Sorry, but I can't see how skills will help you in an unpredictable market. Let's say you sell some btcs today expecting to buy again tomorrow or so cheaper to repeat the process, but instead bitcoin's price rise and you end up with loss by buying more btc. What means you would make more profit by being a holder instead a trader.

That is why I think the trading activity isn't sustainable.
6080  Alternate cryptocurrencies / Altcoin Discussion / Re: Amazon is setting up to launch their own digital currency on: February 14, 2021, 10:18:48 PM
The purpose of the currency could be just for the loyalty or reward system and for buying products in the Amazon store. If they are going to design it like a cryptocurrency, they will face issues to SEC.
Besides the traditional staking I know some altcoins projects like StormX work like a third party service which already offer cashback feature when shopping in sites like AliExpress, Agoda and Wish. Maybe Amazon can reproduce this feature with their own token on their site, although I don't know how free they are to offer benefits to customers because SEC vigilance.

I have no doubts if Amazon really launches a digital currency the success will be huge. But as the public becomes more demanding with so many interesting altcoins options around, Amazon needs to offer nice features to their currency's holders.
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