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6701  Economy / Gambling discussion / Re: What age bracket is perfect for gambling on: April 13, 2021, 12:34:08 PM
In Malawi, this article[1], says that age 5 and above are considered legal to gamble.
[1] https://www.bestonlinecasino.com/blog/gambling-age-around-the-world.html
We ever discussed it, mate. Trust me, it is a very bad regulation to allow children at age 5 to play gambling. They still don't know what they are playing, they think it is a fun game only. But if it continues, they can be addicted to the game. Finally, they will be gambling addicts at a very young age. This shouldn't be followed by other countries.

Mate, your country got it all wrong here. Gambling age from 5? There’s a saying that goes like this "what you’ll become as an adult is a reflection in your youthful life". There are legal gambling ages and psychologists won’t recommend age 5 as a good gambling age. Sometimes Teenagers don’t always think about long-term consequences, and they sometimes want to do things that put their lives  and wellbeing at risk.
No, I guess that is not wrong because I think in some countries, children caught gamble with their friends from small things with money involved. Yes, that is illegal to that children but that will not for them as they can gamble in a secret place without adult people knows where that place. Teenagers can not think much about the risk of gambling because they think that playing gambling with their friends is one thing that they can have fun with. They can use their time to gather with their friends and start gamble. That is the parent's job always to guard their children and always monitor what their child does.
6702  Economy / Gambling discussion / Re: The fine line between market investment and sports gambling on: April 13, 2021, 11:16:13 AM
If they can use the investment section in the gambling site, they will have a chance to make more money than playing gambling.
Not that making more, investing to a bankroll needs time to make money and it's not that what you think as easy as what you say. It requires time for you to make with that feature.
That is the consequences that they should get from the investment. The waiting time for the investment will not have just in a short time because sometimes, they need to wait for months until they can profit from the investment.

But that will depend on how they will use their money on the gambling site because many people use the money to gamble to search for fun. We can choose what we need to do, and we can also use gambling for fun and use the investment that is available on that site to earn additional profit.
Fun, investment, making money with gambling, yes, all of those things depends on how the gambler will make his money and put it into purpose.
But many gamblers can not earn money from gambling instead only lose their money many times. If they see that, they ought to realize that they can not make money from gambling, so they must leave gambling before it is too late for them.

==

In my opinion, there is a significant difference between gambling and investing. 

Gambling is a zero-sum game.  One player wins, the other loses.  Moreover, as a rule, the organizer of the gambling game has a competitive advantage in the game. 

Investing is always a winning strategy.  Investment is the investor's bet on progress.  The modern financial system is inflationary.  In monetary terms, the capitalization of all global companies is constantly growing. 

The price of one individual share may fall, but stock indices are showing constant growth. 

Under these conditions, a patient investor is guaranteed to make a profit.
Indeed. What you are saying is right and I agree with you. The investment can be their way to make money in the future, but only if they can select the right investment by researching the right. Maybe they can lose from the investment, but the value of the investment can increase back in the future, so they can still profit from that. If someone wants to make money from the investment, they must research and select the investment. Otherwise, that will be the same as gambling.
6703  Economy / Gambling discussion / Re: You won today, but then you will lose often on: April 13, 2021, 10:13:26 AM
It is hard to realize greeds, especially when you can enjoy the game and win for some rounds because our mind will tempt us to play some more rounds. Greeds are what we need to eliminate or control because they can ruin our day in just one or two rounds. Maybe playing with a calm can reduce the tension that comes to us, especially if we win on some rounds.
Oh, do not forget to limit the money you used in gambling, not lose all of the money.
Thank you for being reminded regarding the money we use for gambling, sometimes we don't limit the amount of money that will be used
for gambling. In order not to experience financial problems due to gambling, apart from controlling greed, limiting the amount of money to be
used for gambling should also be done. Because if it is not restricted we can accidentally use the money for our daily needs, and if this is
allowed we will experience financial difficulties. I myself only use 10% of my income to play gambling. So when my capital runs out, I will stop
playing gambling until I get a salary in the following month.
I can say that because in the past when I have 0.003 btc in my account, I do not stop playing gambling instead continue playing the other gambling games. It will not take too long to see that amount is gone as I losing all of 0.003 btc in a short time. Besides that, I have other experience in other coins, which lead to me losing the amount. That is what we must do regarding playing gambling because limiting the money will prevent us from using big money while getting the fun in the gambling games. Using 10% of your income is good, so you do not lose too much money, but you have a chance to win the game, although that is not too big.
6704  Economy / Gambling discussion / Re: Which is the most popular game in gambling field ? on: April 13, 2021, 09:29:36 AM
Sports betting is the most popular game in gambling games, but we have another non-physical gambling game that many gamblers use to gamble, such as dice, poker, slots, etc. But there are traditional gambling games which people use in real life, especially in this pandemic because they are boring to stay at their home. I prefer to play dice game as that is the game that I often played in the past and in my free time. Sometimes I only watch the sports but not trying to place a bet.
6705  Economy / Gambling discussion / Re: Devices used for Gambling on: April 13, 2021, 07:40:38 AM
I use almost 75%-80% using my mobile phone and the rest using my computer or laptop. But I only use 20% of gambling activities occasionally because I really want to reduce my gambling time. I am too afraid of becoming addicting to gambling, like what I got when I addicted to Most Wanted, Mahjong, Solitaire, or Zuma offline games on PC or Mobile Legend, Pokemon, or else on a mobile phone.

The first time I knew about gambling games, I always use my computer or laptop to playing gambling. After I got my mobile phone, I tried to use it to gamble and I almost forgot how long I had been playing gambling. Fortunately, I remember the addiction that happens to my friend so I decided to stop right away before becoming addicted. I never calculate how much money I have been lost in gambling because I do not want to remind my loss
6706  Economy / Gambling discussion / Re: Be a Responsible Gambler on: April 13, 2021, 06:58:36 AM
The problem is that I think OP is having a hard time changing things for the better because I am sure that he/she is pressured to pay off the debt as fast as possible, it is easy to say that they change for the better but OP has to have the strength to change himself/herself because if there was an intervention and  OP isn't ready, I am sure that he/she will have a high chance of relapse.
With that huge debt, I think he can be depressed and maybe he can not think about what he must do. We can hope that someone besides him can know that he really needs help and attention from people around him. @OP needs to admit and have the courage to tell other people about his situations to figure out how to clean the mess. I do not think it will easy after what he's done. Being a responsible gambler will not easy as we know that there is tempting from the games that can drag us to play longer.
That is a pretty far fetch assumption that OP is going to suffer depression, it is not a joke. I believe that they can only be helped if they at the least want to be helped but right now. It is not going to be easy, any mess that you want to get out of is definitely going to be messy, if it isn't then you are doing something wrong.
That is not a joke. If your mind always thinks about something, that can affect your body, and in the end, that can make you depressed because of what you think. If your debt to someone, you will get pressured to pay off the debt as fast as possible, and if you can not pay the debt, they will hunt you without stop and make you insecure. Your mind will think about how to solve that, but you can not get the right way to do it, and if you get the same situations for some time, that can make you depressed. Yes, help from other people will always be the way for that person to get out of the problem. Maybe sharing with other people can give you the way.
6707  Economy / Gambling discussion / Re: Transactions Fees x Gambling on: April 13, 2021, 05:47:45 AM
Hey guys, I was wondering on how do you fund your Gambling Account if we currently have high fees on ERC20 and Bitcoin?
As I can't even touch my own wallet due to this, even if I want to spend fiat in exchange of eth to funds my gas its not worth it as I'm doing 2 transactions and it would cost me ~100$ just to fund my wallet..., I'm currently playing at mwplay88.com where money on my country is the only being accepted (currently) so I can still play slots but only with fiat.

Can you share how you do during this time? And what advise you can tell me about so I can still play?

-cabalism13


I can also say damn these fees, I cannot think of a better option to fund my account with Bitcoin and Ethereum, I'm a small gambler and the fees that will incur is going to hurt my pocket, like all the other players I opted for Tron, Litecoin, Xrp, and other coins that the gambling site I'm playing is offering, I missed those days when a $20 Ethereum deposit will cost you 5 cents, now what $20 Eth deposit will incur you $15 transaction fee.

It's not fun anymore, those gambling sites that only use Ethereum and Bitcoin are going to lose players if they insist on using these two
Maybe the gambling site needs to evolve to something new, which can help gamblers still gamble using the crypto. I am sure the casino will be committed to doing their best to use the other coins, which is not too high on the fees.

Yeah, I also missed that day, but I really miss when dogecoin price is at a very low price because I can buy 10k with only small money of satoshi Grin

I think not many casino use Tron and XRP, but many casino support Litecoin to deposit and withdraw. And the casino also has Dogecoin to gamble too.
6708  Economy / Gambling discussion / Re: You won today, but then you will lose often on: April 13, 2021, 04:43:34 AM
It is only matter of control that you need to have it, once you know it then nothing can stop you because the action is in your hand when to put a play or pause to it. The problem is that greediness  overtakes rust of the things and then you want to make easy considering you will always win. Some wins and rest of them loses in the end.
Most of the time greediness will overtake the person because of the hype around him when he is playing which will be the cause of his ultimate loss no doubt about that. If a person only knows that he will gonna lose everything by doing such things, he would have not to go to that place and stop himself from getting one step ahead of the door. Because after he lost that money he has, it will continue like flowing water and only drought can stop it.

The problem that often occurs for most gamblers is because they don't realize that greed is what drove them to loss. Therefore I agree that
the most important thing in playing gambling is how to control our greed. Because this is what triggers a loss initially to spend all the capital
you have, only to get a win when playing gambling.
It is hard to realize greeds, especially when you can enjoy the game and win for some rounds because our mind will tempt us to play some more rounds. Greeds are what we need to eliminate or control because they can ruin our day in just one or two rounds. Maybe playing with a calm can reduce the tension that comes to us, especially if we win on some rounds.
Oh, do not forget to limit the money you used in gambling, not lose all of the money.
6709  Economy / Gambling discussion / Re: Be a Responsible Gambler on: April 13, 2021, 03:25:35 AM
Of course. You have to remember the first rule and the most important rule in gambling: "You will lose if you don't think". At least you owned up to your mistakes and discovered that it is indeed you who is at fault for the current situation you're in. I suggest you seek professional mental assistance, if you think you're already becoming addicted to gambling, which I honestly think you are considering you blew 35k all for gambling. After that, get a job, pay off your debt. and before you know it, you've already cleaned yourself out of your mess.
The problem is that I think OP is having a hard time changing things for the better because I am sure that he/she is pressured to pay off the debt as fast as possible, it is easy to say that they change for the better but OP has to have the strength to change himself/herself because if there was an intervention and  OP isn't ready, I am sure that he/she will have a high chance of relapse.
With that huge debt, I think he can be depressed and maybe he can not think about what he must do. We can hope that someone besides him can know that he really needs help and attention from people around him. @OP needs to admit and have the courage to tell other people about his situations to figure out how to clean the mess. I do not think it will easy after what he's done. Being a responsible gambler will not easy as we know that there is tempting from the games that can drag us to play longer.
6710  Alternate cryptocurrencies / Altcoin Discussion / Re: Newcomers, Moonboys and Fools on: April 12, 2021, 12:17:03 PM
Research is the only way people must do before they decide to invest in any cryptocurrency project because without research, they can not get the right project and the worst is they will not make a profit. After they found the coin, they need to decide how much money they will invest and only use the money they can afford. But so far, many people encourage themselves to invest in the project they read or watch from the website and not research for more, which makes them lose their money.

If you can prepare yourself for anything that can happen later, you will not worry about it and decide what you need to do. Even if you face the bear trend, you can use that moment to do something.
6711  Bitcoin / Bitcoin Discussion / Re: Did this guy just find the founder of Bitcoin? on: April 12, 2021, 10:23:52 AM
I do not think that is legit because we know many people already searched for the real Satoshi Nakamoto, but they failed and can not find Satoshi's clue. People can claim that they found Satoshi, but they need to prove if that person is Satoshi Nakamoto which makes many people failed (again). Satoshi Nakamoto is not a real name, and I am sure that is just a nickname, and it could be many people who work together before that we do not know. Maybe someday, they will reveal themselves or sending their bitcoin to any wallet address, and just hope you can get the free bitcoin from them Grin
6712  Alternate cryptocurrencies / Speculation (Altcoins) / Re: If BNB will reach $500, what's next? on: April 12, 2021, 09:11:41 AM
Well actually BNB now is around $558 and most likely it could even reach more than that. I’ve also read this’ll be an “ETH killer” and could take over ETH too, maybe it’ll even reach $1k before the next coin burn.
And now, BNB reaches $604 and continues to rise. BSC gets a good place for many projects based on ethereum, and I think it can be a good choice for them to use BSC because they can reduce the fees. BNB will have a big potential to reach $1k soon and maybe that can happen this month or next month because BSC already solves the transaction fees for many projects. Besides that, this month, BNB will be burning and it will reduce the supply if I am not mistaken, so that can make the price increase more than now.
6713  Economy / Gambling discussion / Re: Another insane win!! $ 1B mega million jackpot on: April 12, 2021, 08:27:01 AM
Yes, that is once in a lifetime opportunity that will change our lives forever. That needs big attention on how we can manage the big money. Otherwise, we will lose it in a short time and we will never get the same experience in the future. If you can diversify into the right investment or buying something that will worth it in the future and give benefits to you and your family, you will have a chance to increase your wealth from time to time. Only a few people can use that moment and have a plan to constantly use their money to make money from the business. They really understand the slogan "let money works for you."

Jack Whittaker is the perfect example of what can happen if you are not careful with your lottery winnings. He won the Powerball jackpot in 2002, which was worth $314.9 million (a new record at that time). He was quite rich even before the win, as he owned a construction company. But the jackpot changed his life, unfortunately in a negative way. He immediately donated 10% of his win to Church of God, which was used to buy expensive cars for the pastors. His granddaughter died of drug overdose in 2004. Whittaker himself was charged with DUI in 2003. His home was destroyed in a fire, and finally in 2020 Whittaker died from old age. He was financially broke at the time of his death.
That is a sad story from the winners of gambling because, with that money, I am sure he can do many things, including donating 10% of his win to any charities. From that story, he does not have a good family because his granddaughter has a problem and died. That is another example of how the family needs to take care of their children before something worst comes to them. His winning is useless because he can not enjoy the money with his family and broke at the end of his life.
6714  Alternate cryptocurrencies / Speculation (Altcoins) / Re: BNB price on: April 11, 2021, 12:00:19 PM
Bnb is mooning as hell right now, like I saw that coin at $30 last year all of a sudden it just pumped crazily now it's at $478, I have a feeling that it might even break the $500 level today, I don't know the reason behind this crazy pump though, but if it's able to break $500, then it can reach $1000 for sure.

indeed the bnb price jump shot steadily this time, today it still stands at 475 $, for now the chance of going up even higher is still there, with more and more people being fascinated by this surge, the charm of its development is unstoppable.
Sooner or later, BNB's price will break $500 and $600, and I think that will not take too long because BSC has been using many projects to reduce the fees. BNB has a chance to reach $1,000 as above you said, and I am sure that it will reach that price and that is only a matter of time to see that price. Maybe $1,000 will be reached this year before the end of this year, especially if BSC can explode and attract more projects to use that chain. We can accumulate BNB from now on before the price starts another rally.
6715  Bitcoin / Bitcoin Discussion / Re: Bitcoin, the institutional coin on: April 11, 2021, 11:32:04 AM
I see bitcoin becoming an institutional coin in the nearest future. institutions are beginning to buy bitcoins in billions of dollars. this will automatically reduce the amount of bitcoin in circulation thereby forcing up bitcoin price.
Even if that is true, bitcoin still for all people who want to hold bitcoin as an investment and make money from bitcoin. The institution can buy bitcoin at any price, but that does not mean that people can not buy bitcoin. If people see bitcoin worth holding, they will buy bitcoin too and hold it for a long time.

The demand for buying bitcoin will increase in the future, especially if bitcoin prices start the rally and break the highest price. People will see that bitcoin will be the best investment for them, attracting bigger companies to join the bitcoin world.
6716  Bitcoin / Bitcoin Discussion / Re: Most expensive account ever bought on: April 11, 2021, 11:08:28 AM
You wise you had paid by credit card, but I do not think that you would hold your $5 bitcoin for more than 5 years for a 2000% profit. I can guarantee that. IF you had seen bitcoin as an prospective investment, you would have spent more than $1000 to invest. In this case, regretting does not make any sense
I guess not because, in that year, $5 in bitcoin will not mean something. But if you still hold that in bitcoin until now, that 0.017 will be more than $1,000. I have that experience buying something with bitcoin, but not many bitcoin amounts I use because I want to hold my bitcoin after using it to buy a product. We never know how much money that we can get from bitcoin because bitcoin prices can increase more than today.
6717  Bitcoin / Bitcoin Discussion / Re: Interesting Miners Total Stopped selling Bitcoin on: April 11, 2021, 10:31:32 AM
If those miners have good hardware, can earn a nice reward and can handle the electricity cost, they will not stop mining bitcoin because they will search for more satoshi, even if the reward reduces a lot. Maybe only a small number of miners will stop their mining bitcoin activity because they can not profit from the mining process. The whales are already buying bitcoin for a long time before the bitcoin price increase, so maybe this time is for the big company to accumulating bitcoin because they can buy bitcoin a large amount. Maybe there is a reason which we do not know why that is happening.
6718  Economy / Scam Accusations / Re: Elon musk 5000 BTC give away scam ad on: April 11, 2021, 10:05:05 AM
It's happened again. This old trick once again is works and scams people. If they can research the offers, they will know that the offers are fake, preventing them from sending the money. If the offer needs you to send the money first before you can get the rewards, that will be suspicious and you do not have to think much about that.

If they can think by their minds, it is impossible to get double money after sending some amount. If they offer to send the reward, and you only need to give your wallet, it can be true and you can follow that offers. Other than that, you need to skip and do not send any money to them.
6719  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Best Exchange for a first Listing on: April 11, 2021, 09:34:21 AM
Maybe you only need to have one exchange to start and you can try with Binance as the best exchange so far. You do not need many exchanges if you do not have a very big budget because if you use Binance, I think that will be enough for you to see your coin will take much attention from the traders. If you see your token has good progress in Binance and the price is good enough to increase or stable, you can start to list your token in the other exchange to grow and expand to the other exchanges.
6720  Economy / Economics / Re: The One World Currency: Is it Bitcoin? on: April 11, 2021, 08:37:09 AM
Yes, that is right. I do not think that we will have one world currency for all countries because we live in different countries with a big difference from the other country.

I only imagine if we have the same equality in the future for all countries, maybe the word "one world currency" can be used, and we only have one leader that will lead the world into a better place. But until that time, we will not see one world currency because all of the leaders for all countries want to become the number one.

You see, Korea, the USA, China, and other big countries want to conquer the country by giving all of the facilities in the developing country to control them easily. And if they can get that country, they will use the rule to lead them and move to the next target.
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