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6401  Economy / Gambling / Re: Casinos Withdrawal Fees Rise (!?)|| November 2020 on: December 12, 2020, 03:32:36 AM
It's not expensive but it will make you wait for awhile before your money will be credited, some of us wants instant especially on withdrawing our winning as we like to enjoy that right away. Personally, when I want my transaction to confirm fast, I increase the transaction fee, like 0.0001 fee or higher, that's equivalent to more than $1 and sometimes higher when the market is congested.

We control the fee of the transaction. If we don't want to pay a high fee, we don't have to deposit and wait until the fee can reduce a lot. That is what I do if I see the fee does not make sense for me. But as you did, I will increase the transaction fee if I want to have a fast confirmation of the transaction.

If the casino raised its withdrawal fee because they don't want to see their member withdrawals get a long time to get confirmed by the network, and I think they try to anticipate that thing. When the network is not busy, the casino will reduce the fee to a regular fee.
6402  Economy / Gambling discussion / Re: Do you verify every bet as a gambler? Provably Fair Guide. on: December 12, 2020, 02:28:49 AM
If we can enjoy gambling games without thinking much about the outcome, we will not have a problem stopping anytime.
Well if we only want  to enjoy at anytime we can stand and quit,even how much money we still have and losses we have given.

The problem will come to us if we think more about the losses that we've got because that can turn us to chase the losses, and we can't quit easily.

I am afraid that people who verify their bet will take a long time in the gambling games, which we should avoid. If we stay at a gambling place for a long time, the passion for playing gambling will become big, leading us to spend more money.
Because at some point we will surely chase our losses specially if we have tallied them and very frustrating seeing them not coming back in your pocket.

That experience will come to us if we play gambling for a long time. Although we enjoy the games, on another side, we feel frustrated about the losses, making us try to chase the losses. Once we think about pursuing the losses, that will become our time to lose more without we realize.

Perhaps, people verify their bet on the unknown or not famous website to know if they can prove that they are provably fair to their members. After they get the result, they can share it with other people, so they can know if they can play on that site or not.
But checking will only take place for a couple of time because gamblers usually wanted a quick flow of their bets and don't want to have more hassles.

Perhaps, that is right. But you know what, the gamblers will have the curiosity to check and make sure that everything is run wells and nothing suspicious. They will try to check again because they don't want to see a cheat by the site.
6403  Bitcoin / Bitcoin Discussion / Re: I quit smoking and buy Bitcoin every week on: December 11, 2020, 05:54:39 AM
It is an inspirational story for people who smoke. I am sure you can get double "profit" here, or I can say that you have more bitcoin by buying every Sunday, you can have a healthy life by stopping smoke. And when the bitcoin price increases and makes a new ATH, you can sell it at the highest price, giving you the biggest profit. But this is not easy as there will be a temptation to back to smoke again, and I hope you can have the power to prevent those temptations, so you can still buy bitcoin until you can reach your goals.
6404  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Top 5 best coin or token? on: December 11, 2020, 04:49:08 AM
Bitcoin, bitcoin, bitcoin, ethereum, ethereum Grin

I don't see the other coins like bitcoin and ethereum, so I suggest using bitcoin and ethereum to trade in these situations. If you check the market situations and conditions, bitcoin has a better movement than the altcoin, so I think you can try to trade bitcoin pair usdt. But you need to make sure that you can analyze the bitcoin movements.

But if you want to select the altcoin, I guess ethereum will be enough for you to trade. If you decide to trade 5 coins at the same time, you will feel hard to analyze because that will consume more time to find the best time to enter and exit the market.
6405  Economy / Speculation / Re: When moon? ($500k / $1 million / $2 million) on: December 11, 2020, 03:49:57 AM
~snip~
$100k is what I'm seeing from everyone who's positive for next year. The s2f model shows that it's the ceiling that it can be reached by 2021. $300k is quite high and so is $100k but it's more favorable with the opinions of most predictions.

I'm wondering how much is the percentage of inflation would that be if bitcoin hits those high prices. Well, I think $500k around 2027-2030 and the rest would rely on global reaction and if most countries and institutions started to make bitcoin more scarce.

Perhaps, Bitcoin price can reach $300k in the next two years, or it could happen if the adoption can grow drastically, making the price jump to the highest price. But for now and the next year, $100k is a fair price for bitcoin, but I don't know what will happen if there is much good news that can bring positive trends for bitcoin.

I do not expect to see deep inflation if bitcoin hits those high prices, but bitcoin prices can get dump so hard, making people shock to see it. But it is interesting to predict how high the bitcoin price will increase later because we will see much speculations from people without knowing what will happen to the price.
6406  Economy / Gambling / Re: Casinos Withdrawal Fees Rise (!?)|| November 2020 on: December 11, 2020, 02:47:47 AM
It isn't the price of fees that is increasing but rather the price of Bitcoin which is actually normal. I think the best strategy is just to use altcoins instead of Bitcoin since the price of Bitcoin right now is still high. They're not increasing the rate but it's the value of Bitcoin that is getting highs so we shouldn't blame the gambling sites instead.
This is what I did when cashing out from online casinos is to choose other options to withdraw to lesser the fees. Once bitcoin price is increasing the fees does otherwise we endure this high fee. As others been said it also depends on the amount you will cash out and others opt not to play during this price increase of btc.

But if the fees are fixed, we still pay high fees for withdrawing. If that so, there is nothing we can do except converting from bitcoin to altcoin. We are lucky if the site has an exchange inside the website to convert it directly and withdraw the altcoin into another wallet. If we can win a lot of money, we don't have to withdraw all of the win money, but we can do it more than one time, so we can reduce the fees if the fees are not fixed. I am sure many of us will know what they will do if the bitcoin fees increase, and they will use what they think fits them.
6407  Economy / Gambling discussion / Re: Do you verify every bet as a gambler? Provably Fair Guide. on: December 11, 2020, 12:47:17 AM
~snip~

Same for me, I gamble to reduce the stress after hours of work and verifying each bet also takes some time. I just enjoy the outcome of the game either I win or lose.
People that verifies their bet take gambling seriously, of course, you won't go to some unknown or not famous website to gamble some big amount of money so those popular or top rated websites are fair on their customers so I don't think you should be afraid if they are fooling you.

If we can enjoy gambling games without thinking much about the outcome, we will not have a problem stopping anytime.

I am afraid that people who verify their bet will take a long time in the gambling games, which we should avoid. If we stay at a gambling place for a long time, the passion for playing gambling will become big, leading us to spend more money.

Perhaps, people verify their bet on the unknown or not famous website to know if they can prove that they are provably fair to their members. After they get the result, they can share it with other people, so they can know if they can play on that site or not.
6408  Economy / Speculation / Re: When moon? ($500k / $1 million / $2 million) on: December 10, 2020, 05:56:11 AM
I am not expecting to see bitcoin price will be $500k / $1 million or even $2 million in the near future. I don't even think that bitcoin price can reach $300k in the next year. But if that can happen in the next year, I am sure that we will make a big profit in that time. But I could expect to see bitcoin price will be at $100k in the next year. But all of that price is possible to happen in the future, and I think I need to enjoy this moment and follow the bitcoin price journey. I am sure that there will be many speculations out there to predict how high the bitcoin price. But all of them don't know the right thing that bitcoin price will increase later.
6409  Economy / Economics / Re: Pandemic will bring more economic progress in long-term... on: December 10, 2020, 04:56:03 AM
We are back to normal with the new things that adapt to our life in many businesses. Not just in the business, but it happens in real life, and when we see at a local store and public area, people now need to have a distancing each other in the crowd, and they will follow the health protocols. Yes, the pandemic has change how humans interact with other people because that is for their own good. And in the new normal, everything has restarted, including our lives, and perhaps, that is what we need to have a new situation in this pandemic. But the situation will be better, especially if the government can distribute the vaccine to help people.
6410  Economy / Trading Discussion / Re: TA gods, need your advice on: December 10, 2020, 03:41:43 AM
When it comes to TA Gods then there would be corresponding possible trail on where price can shoot up but basing off on how the market move into those previous years
then that do basically shows that technicals arent always precise.To presume that there are lots of people havent expected that 2017 bull run where it is already out of
their technical analysis or not anticipated.Same goes with those technicals made in 2018 that there would be some recovery in the end of the year and it didnt happen.
People didnt even anticipate that we would be heading 19k in 3 years time which do justifies that no one can precise predict on what would be the outcome or
next movement.

Yes but the more history built up the more data points we have to make analysis with.

You can analyze based on history, but don't forget that bitcoin price movements will move differently than before, so you need to make more strategies or plans if they are not moving as you want. If you can't anticipate the bitcoin movements, you will not find a good time to buy and sell bitcoin. Perhaps, you will get more clues or signs from the history that will give you a chance to know where bitcoin will move. But still, be careful if you read the analysis from other people, and I suggest you analyze by yourself before you decide to buy or sell.
6411  Economy / Gambling discussion / Re: The biggest 10 countries that gamble the most. on: December 10, 2020, 02:40:11 AM
I think this data only reflects those gambling activities recorded within the casinos, and the amount of gaming losses.
I also agree to the point that it is irrelevant based on the year of data acquisition, but still nice to have some data.
I think that it would be hard to really identify the top country of gambling activities since there a lot to consider such as currency value, population, the regulated and the unregulated gambling activities.
Correct! These numbers wont really be final considering that there are still some places which wont really be included in the count and as mentioned about unregulated gambling places and other similar forms which wouldnt really be tallied out.So these numbers arent really that on spot but it is better rather than having nothing at all and at least we do have some idea on what places on the world are mostly involved with gambling.This would really vary on each country basing of if its a rich one or a developing country.Of course, people living and their status will be reflecting into their capability or capacity on dealing with gambling but there are still poor countries that might able to go with the ranks.

It is not final as we know that gambling industries still grow from time to time. The lists will change in the next year as the government will allow the casino to run their business because the government wants to make money again from the gambling business. Besides the casino, I think there will be traditional gambling games that people played someplace out of the casino, that the government knows where is those places. Even if in that country, gambling is prohibited, people can play gambling in a secret place.
6412  Economy / Gambling discussion / Re: Do the odds of other outcomes matter to you? on: December 10, 2020, 01:40:51 AM
Prefer to bet on the teams or players of whom I know and have done some research about their chances of winning as against their opponent and accordingly only do place the bets. For other events odds may be high but if without knowing anything just placing the bets on such things is like blindly guessing it without having any clue which I avoid it. Only if for other higher odds I am sure about the team winning chances and can place bet on just 1 of the games then I would choose with higher odds.
Research is a must. I like what you said, and I agree with you. Odds are helpful especially that in gambling we are also doing things with and out of luck but knowing things of course also helps a lot. And so, research should come first then consider and weigh in the odds in the match.

Both of you are right. I agree with you. The first thing that we need to do before placing the bet is research. The research will help us determine which team or player has higher odds to win, so we can choose them to bet. But sometimes, even if that team has higher odds, it doesn't mean that the team will have a bigger chance to win as we know that everything can happen in gambling games. But if we really know which team has a chance to win and already research them, perhaps, we can choose them and place the bets.
6413  Economy / Gambling discussion / Re: Do you verify every bet as a gambler? Provably Fair Guide. on: December 10, 2020, 12:36:55 AM
It’s important gamblers verify their bet. I’m betting it is important one take precautions and be sure of the source that provides the gamble platform. Well I agree it’s not all necessary to verify the bet but that’s of you are sure the site is reputable with lots of testimonials.

Not really. If people playing gambling don't search for the money, they don't have to verify their bet. They will only want to enjoy the game without thinking of that. They will think that to verify their bet will need more time, and they will spend longer because their reason for playing gambling is just to having fun and enjoy the gambling games. I don't verify my bet too, and I am only just playing the games, enjoy it for some time, and stop it right away before I lose more money. If you want to verify your bet, you are free to do, but you need to think about how long you will stay on the gambling games and how much money you will spend.
6414  Alternate cryptocurrencies / Speculation (Altcoins) / Re: XRP Rallied by 91% In The Last Month on: December 09, 2020, 05:42:49 AM
This is understandable when Bitcoin rose to $ 19,800 and it dragged XRP along. I think XRP could go up to $ 1. If Bitcoin hits $20,000, there will be many surprises in 2021.

Perhaps, the altcoin season needs to wait for the bitcoin price increase and break $20k. But we never know if XRP can go up to $1, although I still waiting for the XRP price to go to more than $1 Grin

But this time, XRP goes down again following bitcoin price, and we don't know until how deep the price will be bouncing up again. But we can use this time to buy more amount of XRP, and perhaps, we have a chance to get an airdrop from Flare. If that happens, we can have the opportunity to make an additional profit from the token.
6415  Alternate cryptocurrencies / Altcoin Discussion / Re: Are there any investment opportunity that ETH2.0 brings? on: December 09, 2020, 04:42:10 AM
ETH2.0 is definitely the latest big event. many crypto enthusiast believe this will solve lot of underlying challenges such as scalability etc. but there are  questions that  needed more clarification in the crypto space as outline below:

1. What impact will it have on investors?
2. Have you heard of QETH? what is that? Is it ETH1.0 or 2.0? Is it one of ETH?
 
your contribution will be highly appreciated.

I think the investors will have a chance to stake their ethereum and get passive income, but I don't know more details about that. Besides that, I don't have more than 32 ethereum to be used for staking, so I think I will skip it for now. I don't know how many ethereum the investor can get from the staking, but that can make the investors try to stake their ethereum.

I never heard QETH. Perhaps a new project uses an ethereum name to be more familiar in the investor's mind. But if that is a new project based on the ethereum network, I hope you can be careful to invest in that project, and make sure that you can search for more news to know if that project is good or not.
6416  Bitcoin / Bitcoin Discussion / Re: Millennials Are Twice As Likely To Buy Bitcoin Than Gold on: December 09, 2020, 03:43:56 AM
I hope that young Millenials can learn more details about bitcoin before they invest in bitcoin, especially for the bitcoin price volatility, because they can panic if they see the price move like a rollercoaster. They should know that bitcoin is not a safe haven because of the volatility, and if they can accept the up and down of the price, they can buy bitcoin at any price they want. But I admitted that the young Millenials have a big curiosity about something, especially if that is about new technology, and bitcoin is a new thing for them, making them search for other news to know what bitcoin is.
6417  Economy / Gambling discussion / Re: Japan becomes more friendly towards Gambling on: December 09, 2020, 02:43:24 AM
Curious, how is it going to aid in post covid recovery?
The increase of revenue is the answer, they need more funds to recover as the pandemic made the government spend more than their allocated funds before the pandemic, remember that covid-19 was surprise, everyone wasn't expecting it to cause this huge damage directly or indirectly to our economy and in every part, government always plays a big rule to help the people to survive.

The government needs more money to recover from the covid-19 and to build the economy after the pandemic. That will cost huge money before they can start their economy, and if they can get the money from the gambling industries, that will help them have the money. Even if the foreign gamblers don't have to pay the taxes if they win much money, they will spend their money gambling. Not all of them can win much money, and some of them will lose the money, which will be the revenue for the casino. If their revenue can grow, that means the casino can pay the taxes, and the amount will be different than the other casino.
6418  Economy / Gambling discussion / Re: Anyone who have worked or currently working in casino? on: December 09, 2020, 01:40:54 AM
If you know people who work in a casino, it will be a bit easier. And especially people who work in management there, you have easier options there.
And it also differs enormously per country what the working conditions are. If you are good at your job in a casino, and you have potential then it is a beautiful world. That is, if you don't gamble.

Knowing that people who work in a casino doesn't always mean they will suggest us to control ourselves because they work in that casino, but they will do their best for their customers. But not all employees can always suggest to their customers about controlling themselves because some don't have much time to remind their customers. It is our responsibility to have control over everything we did at the casino. If you work in a casino and your friends visit your workplace, you can always tell them not to spend much money. Otherwise, they will lose all their money.
6419  Economy / Gambling discussion / Re: Crypto Casinos and Sportsbooks missing from Bitcointalk? on: December 09, 2020, 12:38:30 AM
It will not be a must for the casino to have an ANN thread in this forum because that will depend on their strategy to promote their site. But if they care about the discussion with other members regarding getting suggestions to improve their site to be better, they should have ANN because that can help them communicate with other members. We have free to play on any gambling site we want, whether the site has ANN or doesn't have ANN. But even if the site has ANN, that doesn't guarantee if they can improve their site if they don't work hard to grow the site.
6420  Bitcoin / Bitcoin Discussion / Re: Who has held bitcoin for more than 5 years? on: December 08, 2020, 05:50:34 AM
People who held bitcoin will sell their bitcoin, especially if they really need money for their needs. If the price was low, and we are in urgent thing, we will sell it right away, but we will repurchase it after we have another money and see the price is at a low price. We will try to buy more bitcoin or earn more bitcoin in many ways.

I feel it is better to make more bitcoin, but we can also sell some bitcoin to fill our needs to help us make money in the future. Don't forget that not many people will invest their money in bitcoin while they will sell their bitcoin if they need money.
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