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621  Economy / Gambling discussion / Re: Letting the cat out of the bag on: November 18, 2023, 09:42:38 AM
I can’t really change people who have an addiction of any kind. They should accept the fact that they have a problem first and it is almost impossible to make them admit that they have a problem. If they realize their situation, then the rest of the solution will follow quickly. The biggest challenge here is, they will never accept that they are sick. To them, gambling is the way of life just like drinking water. If I tell somebody to stop drinking water, he will call me crazy. That is exactly how an addict sees gambling.

These people have serious mental problems which should be treated by serious professionals. Common people like us can’t do anything about it sadly.
622  Economy / Gambling discussion / Re: The most important thing in a betting site on: November 18, 2023, 07:54:47 AM
- Have a long and clean history
- Instant withdrawals
- Fast customer support
- No KYC
- Provably fair
- Should reward the players
- Should offer 2FA

A good casino should have all of these qualities imo. The most important one is obviously is the first one because if the casino is a scammer, it doesn’t matter if you can do instant withdrawals. There are some casinos which come very close to being perfect but the latest KYC laws ruined it a lil bit. Some of them promote their services on this forum too.
623  Bitcoin / Bitcoin Discussion / Re: What is the minimum amount of bitcoin or satoshi should hold for poor? on: November 17, 2023, 02:52:30 PM
Poor or rich, there is a different answer to that question for every different person. It is because everyone has a different situation. There isn’t one magic answer for all the poor people and how do you define poor anyway? Like starving to death African poor? Or I can’t drive a Lambo but I own a Ford poor? Even if you give every detail about you, we still couldn’t give you the exact answer. It is your responsibility to find it. Maybe there is something you should take care of before even thinking of owning btc? Do you have a job for example? (Or any other reliable income) if not, you should probably fix this problem first.
624  Economy / Gambling discussion / Re: What I learnt from a crackhead about gambling on: November 17, 2023, 10:00:38 AM
Between drugs and gambling, which one do you think is more addicting than the other?

Any addiction is a bad thing but since you are forcing me to make a choice here, I will say that drugs is an absolute “no no”. Gambling can be very dangerous too but your chances of reversing the damages are way greater if you decide to be rehabilitated. Depending on the type of the drug and for how long it was used, one might recover from drug addiction completely too. The longer you get drugged the harder the recovery process becomes and your body will have to endure some irreversible health problems till the day you finally die.

To be on the safer side, just don’t get addicted to both and never ever do drugs because some of them bichez can ruin you even if you try it once.
625  Economy / Trading Discussion / Re: Know how to use Fundamental and Technical Analysis on: November 16, 2023, 08:00:42 PM
So, my friend who just started trading asked me …

Fundamental tells you what to do, while Technical tells you when to do it

I am not really believer in the technical analysis nowadays even though I followed it like a cult member in the past. Let me give you an example;

A company that has a very good balance sheet, the sales are booming and the price to earnings ratio is reasonable but, the price is at its ATH. Without knowing these details, a Technical analyst will probably tell you that it is an expensive stock.

But a fundamental analyst will advise you to buy more since it has a lower p/e ratio than its competitors and a very good balance sheet. This guy won’t even check the price or the chart to give you this advice.

I am not saying TA is complete crap but it comes very close.
626  Bitcoin / Bitcoin Discussion / Re: Some rich person not interest about bitcoin for following reason on: November 16, 2023, 04:19:55 AM
Since he is rich he has the luxury to ignore bitcoin completely. Unless he does something very dumb, he will never ever be poor again so why make life more complicated than it is? He can buy anything he wants since he is rich already. He may get even richer if he invests in btc but maybe he thinks he has enough wealth or maybe he sees bitcoin as a ponzi scheme which is still a common belief among many people. Either way we can’t force people to become believers of bitcoin. There will be some people that will ignore it completely and there will be haters also. Bitcoin/crypto is not the only game in town and he probably knows it well. There are other ways to grow wealth too.
627  Economy / Economics / Re: What is the right age for financial stability? on: November 15, 2023, 09:08:28 PM
30’s are great imo. You are not too old for anything and you are not too young, dumb and inexperienced. In their 30’s people tend to have some wisdom but still have enough energy to do some crazy things, it is the best time to declare financial independence and say “fuck you” to everything. The next best is obviously your 40’s. Some health problems may arise during this period but you can still enjoy your time, just don’t expect anything crazy or something might break. I haven’t talked about 20’s and I don’t want to really because we are all like little Tony Montana’s in our 20’s. Mindless monkeys who want to smoke anything we can get our hands on and fuck anything that moves. A recipe for a disaster. Frank Lopez did nothing wrong.
628  Economy / Reputation / Re: ~OgNasty's self scratching on: November 15, 2023, 05:23:59 PM
Refrigerator, empty. Theymos. Send beer. Community funds. My share. Fast plz.
629  Alternate cryptocurrencies / Altcoin Discussion / Re: is it still risky to Invest into Altcoin now? on: November 14, 2023, 02:12:03 PM
Alts are always risky. However there are two kinds of alts lately. There are those absolute shitcoins and there are good alts which has a long history. ETH, Doge, XMR, LTC are good alts for example. These have less risk than the other shitcoins. When you think about it any investment has some risks. The more risky it is, the more potential profits (and losses) it has. If you are a risk taker go on, buy some alts. In 2017 or 2018 there was a guy that turned his $10k alt portoflio into a million USD during that bullrun but since then there weren't any big alt bull runs happened. Maybe you will get lucky like him and become the next millionaire.
630  Economy / Gambling discussion / Re: What percentage of bitcoin investors are gamblers ? on: November 14, 2023, 02:00:28 PM
I don't think it is more than 10%. Being an investor and being a gambler are completely different concepts and most investors I know are definitely hate gambling. On the other hand, there are only a few gamblers that are serious investors. Investors are in the game of making money. Gamblers are in the game of losing it and somehow they don't realize the game they are in. Investors know that building wealth takes time, usually years and getting rich quick is a fairy tale. Gamblers think completely the opposite. They want to wager 1 and get 10 in return in a very short time. As you see these two different group of people don't have anything in common at all so I would be surprised to see a serious investor being a gambling addict.  They contradict each other.
631  Economy / Gambling discussion / Re: Why do you want to play on casinos without KYC requirements? on: November 13, 2023, 08:33:44 AM
Privacy is a basic human right. It is as simple as this. You don’t have to explain anything you do to anybody unless it involves criminal activity and that’s the problem of the police forces. Do you do KYC everytime you spend your cash at the grocery store? Why would I send my passport scan to somebody I don’t know about? If you give up your right to stay private, they will come for more. Soon, you won’t have the right to own property. 2030 is incoming.
632  Bitcoin / Bitcoin Discussion / Re: Bitcoin adaption in Turkey on: November 12, 2023, 02:49:52 PM
Turkiye is treating crypto like any other asset. The Turkish Gov. isn't recognizing crypto as a currency and starting from the next year, crypto profits will be taxed. You can buy and sell other currencies with the Turkish Lira all you want and pay zero income tax but that won't happen with btc since the gov thinks it is not a currency. I believe USA also tax crypto profits so I am not sure if the Turkish Gov are really doing the wrong thing here. However, since they don't treat crypto as a currency, that also means the merchants can't accept crypto for their goods&services and that kills a major use case for using crypto. Here lies the big difference between the US and Turkiye. In USA mercs can accept crypto as payment, right?
633  Bitcoin / Bitcoin Discussion / Re: Is bull run best time to promote Bitcoin related affiliate programs? on: November 12, 2023, 02:16:08 PM
Great thinking. Minds like yours will be successful in life no matter what happens. Basically when everybody wants to buy gold but you want to sell them shovels. When everybody wants to buy btc, you want to sell them miners. If you can't sell those for some reason, you want to give them reference links so they will be making money for you for a long time. I still have referrals which I got years ago and some of them actively making money. It is not a very big amount but it is enough to pay some bills and that's better than having nothing. The feeling of having a passive income is great. I do nothing and somebody somewhere works and makes money for me.  Imagine having a hundred more of these hardworking referrals, that would make anybody financially independent. There are other ways of generating passive income too but none of them as good as having referrals. The other options usually require you to invest in something first. (stocks, real estate, crypto etc...) Referrals require none. All you have to do is finding the right spot to post them links.
634  Economy / Gambling discussion / Re: Luck and skill, which is more important for gambling success? on: November 12, 2023, 09:34:35 AM
I have the believe that success in gambling requires a mixture of luck and skill. This is opposed to some people that believe that gambling is entirely a game of luck and others who believe it is entirely a game of skill.

So I am tempted to inquire if skill is all that is needed to be successful in gambling or luck. Whichever be the option, which of them is the most important factor for gambling success?

Luck is more important in the long term. Because gambling is not a skill which you can learn. There are some strategies which will make you win in the long run but these strategies are often banned by the casinos. (ev betting, arbitrage betting etc) So that means you can't really train yourself to win most of the time. You are either lucky or you are not. If you want to generate a reliable income, gambling should be the last thing you look into. Find your self a job, make investments or build a business. Any of them better than gambling. Gambling is just a fun habit and should stay that way. If you still insist on making money from gambling at least be the house, build a casino. As a player your options are pretty limited.
635  Economy / Reputation / Re: How easy do you think it is to invest in trust feedback in order to swindle? on: November 12, 2023, 06:58:47 AM
I don't know if you share my reading of this, and if you can think of any way to prevent it.

If you are dedicated enough, nothing is impossible. You can scam thousands of people here. All it needs a careful planning and following the plan step by step. You can start a business which looks perfectly legit, hire reputable members to shill for you...

1- Your legit looking scam business may actually produce profits. In this case taking it down and scamming people will cost you more than keeping it running. Many people will go after you, you will be a target and for what? Taking down a good business. That's stupid. If you are clever enough to get this far, you can continue to run this business and print money.

2- If you are not making profits and hemorrhaging money, then it is inevitable. You can only survive as long as new people join your establishment and when that pool of new players dry off, your ponzi scheme will collapse and then you will have to make a choice: "Me or them". Since people are greedy and selfish, of course you'll say "fuck em"

I am not informed with the details but the casino you mentioned probably went with the second option.
636  Economy / Reputation / Re: Should Ratimov be in DT1? on: November 11, 2023, 03:57:13 PM
He still has a perfectly fine account other not than being dt1 which is not the end of the world. I don’t know why he is acting like a kid. In the past people got their accounts tarred and feathered for much less. It seems to me nowadays people send negatives only if the account in question scammed somebody. Back in my time things were rough. Today's kids don’t know those times and they are not grateful for what they have today. In 1998, I was using an MMX CPU with a 2gb hdd, 1mb onboard gpu. Now people have 1tb cell phones playing 3d GTA games. I was dialing up internet with a 56k modem and a goddamn mp3 file was taking 10 minutes to be downloaded . What do you call that? Progress.
637  Economy / Gambling discussion / Re: Sports betting online courses? on: November 11, 2023, 03:38:31 PM
You should spend your precious time on more productive stuff. No matter how educated you become, it is still gambling that you are doing and you are not supposed to be winning in the long term when you gamble. If you somehow use some strategies which make you win in the long term, your fun will end soon because most casinos don’t really allow such strategies on their platforms. And why would they, when you win in the long term it means they are losing money to you. No sane casino will accept such players so instead of becoming an educated gambler it is much wiser to study something else. You may try trading alts or learn to code… It doesn’t make sense to be a gambling expert.
638  Bitcoin / Bitcoin Discussion / Re: Can anybody help me debunk the Tether risk? on: November 11, 2023, 08:12:28 AM
There are many debates on this topic. I personally think tether is a ticking bomb but it is kind of hard to guess when the bomb will go off. They are still inflating the tether bubble but they need to gain something from it if they want to burst it. Unless bursting it will become for profitable for them, they will keep pumping it. I wouldn’t hold any tethers just in case. You’ll never know when will these crooks get mad. Hold only hard currencies like btc, ltc and xmr instead of holding tether. Tether may go down tomorrow or 20 years later. We can’t predict the exact date but that doesn’t mean we can’t protect ourselves. It is indeed crazy to see that they can print a billion usd  out of thin air and nobody calls them out. Let’s see how long that will last.
639  Bitcoin / Bitcoin Discussion / Re: Bitcoin is not perfect, and that's okay. on: November 11, 2023, 08:01:19 AM
Bitcoin doesn’t have to be perfect. It just needs to be good enough and it is good enough. If you need to use bitcoin, you can always do that because the network is up and running like it has been since 2009 or smth.

How do you define “perfection” anyway? To some people bitcoin isn’t perfect because it is not fully anonymous but the governments/businesses don’t like fully anonymous crypto currencies for this exact reason. Some people think btc is not perfect because it has small blocks but some people think having a decentralized network is way more important than having bit blocks.

It is always an exchange. You get something but you’ll have to give up on something else. Impossible to please everyone.
640  Economy / Gambling discussion / Re: Sad reality: some countries gamble more than they can afford on: November 11, 2023, 07:36:59 AM
It is because gambling attracts poor people a lot more than rich people. Rich people are greedy too but unlike poor people they know the difference between being greedy and being stupid. Rich people play to have fun unless they are stupid too. (It is not impossible to be rich and stupid at the same time) Poor people on the other hand, they play to get rich and obviously it is pretty much impossible in the long run because of the house edge that protects the casino from the players. That mechanic (house edge) makes money for the casino, it is a big advantage which the casino has over the players. Poor people either don’t know or don’t care but in the end they get even poorer.
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