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6821  Bitcoin / Bitcoin Discussion / Re: Government figures or politicians supporting Bitcoin? on: October 01, 2020, 03:43:09 AM
Which politicians support Bitcoin? Do you think world leaders will embrace crypto/Blockchain tech at its fullest? Or will they go against it? What impact will mainstream politics have in the future direction of Bitcoin? Your input will be greatly appreciated. Thanks in advance. Smiley

We don't know which politicians support bitcoin, especially if in his country prohibits cryptocurrency. If politicians can accept the new thing, he will try to invest in bitcoin, but he will not tell other people because bitcoin's legality is not clear. I think world leaders will embrace crypto/blockchain technology as a new thing to help their finances, but they need to research first before they legalize it.

We can see that in the country that accepts crypto/bitcoin, they are not against it, but they make crypto regulations, so there will be no problem for people when they used it. I don't know the impact of bitcoin, but I only think that bitcoin will become popular and reach more people in that country.
6822  Economy / Gambling discussion / Re: Why do people keep playing unlicensed, illegal slot machines? on: October 01, 2020, 02:41:39 AM
This machine is dangerous since the result would likely be rigged, no RTP information, no certification, no provably fair, etc. But the business keeps booming. Is this because of a mere convenience? Or something else? Nowadays, people can play from their mobile phones, online, on legit casinos.

People who played on this are unaware that this is rigged or illegal, they just tried their luck or just want to enjoy the game and they don't care if it's illegal or rigged there are so many of these in countries where gambling is legal and regulated, but once caught they will face big penalties that is why some of these are hidden.

People enjoy playing gambling on illegal gambling places because they can come and out as soon as possible. They don't have to think about showing the identity, or other people will recognize them as playing gambling. Usually, these gambling places do not attract the local officials, and only a few people often visit that place and play gambling.

Perhaps, we can see from the local news that the officials and the police raided gambling establishments, and we see people got arrested. That would be the risk if we played on the illegal gambling places. But in some illegal casinos, the gambling owner can pay much money to the security, so they will not raid because they can bribe the corrupt officials. The gambler will not know about rigged or not because they don't think about that because they only want to enjoy the games while they can.
6823  Economy / Gambling discussion / Re: Sports Betting vs Real "Sports Feelings" on: October 01, 2020, 01:41:27 AM
Everyone has their own thoughts, so there must be people who bet only on their favorite team. Such a person betting is not oriented
towards profit, but bets on the trust of his favorite team. Because I am a typical person who focuses on making profits when doing
sports betting. Of course I will only choose the team that I think has a greater percentage of wins.
sometimes there are people who make bets because of the results of what has been researched such as seeing the previous match and sometimes making bets also just for fun without thinking about the existing team because people like this only want to get profit from their gambling

People like that will select the team that has the opportunity to win the games, and they don't just think about if their favorite team can win or not because their favorite team can have a chance to lose.

I personally do not depend on my idol team when betting because it is not a guarantee and depends on the opponent, the important thing is I do research first on previous matches when I want to bet on any team and follow my conscience to be selected.
When my idol team plays I just watch and enjoy the match and give support and that doesn't mean I bet completely on my idol team and it all depends on the situation.

I guess it is a fair opinion because sometimes our idol team can against a strong team, which the idol team doesn't have a chance to win. In that case, we must research to know how big the percentage our idol team can win, and if the idol team doesn't have a big chance to win, we don't have to select it. If the idol team has a big opportunity to win, we can place a bet to expect the winning.
6824  Bitcoin / Bitcoin Discussion / Re: Good Morning from a Non-Bitcoiner on: September 30, 2020, 07:50:16 AM
It is strange to see why he sent you that message, especially if he hasn't known about bitcoin. Or perhaps, he wants to tell you about investing in bitcoin and crypto. Or he already knew about crypto and bitcoin, so he advises you indirectly, so he thinks you will ask him about investing in bitcoin or crypto. I agree that the message is true.

There are many possibilities why he sent that message. I think you can reply by asking about his reason sent that message to you. I guess he will explain more to you. I am curious what is your reply to him.
6825  Alternate cryptocurrencies / Altcoin Discussion / Re: Where can I sell ERC20 coins? on: September 30, 2020, 06:43:50 AM
First, you need to visit on coinmarketcap or coingecko to find where the token gets on the exchange. If you can not find the token at both websites, you need to ask the team project about the exchange to sell your token. Sometimes, the token needs to wait for a while before it is listed on the exchange, and you can't do anything except waiting.

There are many decentralized exchanges out there, so you can find it on the previous website that I suggest. Sometimes, the token can be listed on the centralized exchange.
6826  Economy / Trading Discussion / Re: we need more volatility and faster bear bull bigger losses or bigger profits on: September 30, 2020, 05:38:09 AM
I don't think so. The market will do by itself. The more volatility will make people panic as soon as the price is down, not health for the market. If there is big news, many exchanges get hacked together, which will attract the volatility to up and down because people will be panic to hear that news. The market is going well now compared with the last year, and I guess we are on the right track to see the bull run soon. I think in these situations, we can still make a profit. As long as you can analyze the market, I am sure you will find the chance to buy low and sell high.

It's about how you can analyze the price movements because many coins move up and down. And that is our job to find a good time to enter the market. But besides that, we will see the pump and dump moment that will happen in the market.
6827  Economy / Gambling discussion / Re: Gambling is Addictive...Pay Attention to your Gambling Habit!!! on: September 30, 2020, 04:15:14 AM
~snip~
It is because some of them cannot control themselves and think unrealistically. Not all people can be easy to forget their losing money in gambling, some still dream to bring again they many by playing more. But in fact, they won't get it back unless losing more. While others, know how to control themselves, and they also realize that the chance to win is too small. Then, they just decide to stop because of financial reasons or thinking about the bad effect.

The key point is how good you can control yourself and think normally. If you just follow your emotion, gambling isn't the right place for you. It is only a place for people who can control themselves. 

Sometimes, I dream of getting my money back or turning the time back to the old-time, so I can hold myself to spend the money on gambling. Many people lose their money in gambling, but I consider that it is an important lesson for other people and me. We should accept what we did in the past, and if we can learn from that, we can prevent it from making the same mistake in the future. Although we still play gambling, it doesn't guarantee us to keep the money, especially if we can enjoy the game.

Controlling ourselves will be necessary and important to do if we don't want to get deeper into gambling and lose the money. Only with that we could take care of ourselves and enjoy and have fun in gambling.
6828  Economy / Gambling discussion / Re: Vietnam bursts an illegal casino who used to handle bets worth $3 billions on: September 30, 2020, 02:13:42 AM
~snip~

The problem with running an illegal casino is that it is not practical to bribe all the bureaucrats and politicians. Obviously they will have a few in their payroll, but the others will try to hurt the business. Sometimes the casino may be owned by politicians or other high ranking officials. Even in such cases, they will find themselves in trouble when the owner loses his power or influence.

I am not surprised if politicians or other officials own the casino because some want to grow their wealth by doing anything while they have power in the government. That is happening in many countries and places. They bribe officials who they know can help them to operate their business. The corrupt officials know how to take care of the business because they have other people who will protect those places.

~snip~
and it has been in the system for long.and in all the country in the world,gambling illegally is indeed happening.

i think Vietnam is one of the most strict in gambling like Singapore so basically these kind of issue will always be on top of their target.

That's right. It will happen like that as long as the officials are still corrupt, and the law will be hard to find. But not all officials corrupt because some officials will want to search for the corrupt officials.

~snip~
Nope that is not how rules must be,Those who had been caught as illegal must be banned from having a legal papers instead let other operators
open theirs so these bad operators will not have place in the business.

The strict country will always try to search the illegal thing, and they will not give up to get that. Once they got one or two illegal things, they will give sanctions to them. But well, that will not stop illegal casinos running the business.
6829  Bitcoin / Bitcoin Discussion / Re: Where do you store your seed? on: September 29, 2020, 05:48:38 AM
You can use the deposit box at your bank to save your seed's and everything related to your assets in the crypto. Besides having a hardware wallet, you must have special places such as a deposit box or rooms that you can use to keep your private stuff, not just everything from the crypto. I don't suggest you store your seed or your password for another account in the cloud because that will be too risky if something bad happens to your account, even if you can restore all of your cloud accounts. After all, when your account gets hacked, you will hard to get your asset or account. After all, the hacker will use it for themselves.

Writing your seed or password in the paper and laminate it with plastic will be a good idea since you can save it in the deposit box, and I think that can prevent other people from stealing your stuff.
6830  Alternate cryptocurrencies / Altcoin Discussion / Re: Are DeFi projects trustless? on: September 29, 2020, 04:42:18 AM
Whether it's trustless or not, if you think you can profit from the DeFi project, you can still use it to make more profit. We need to do that with any crypto project because I believe the crypto is the new way to have an income source.

The DeFi project is just another project similar to ICO and IEO, but with the new idea, which is different from previous projects. As long as the DeFi project still gives you profit, you can still use it for your own benefits. There will be many new projects like ICO, IEO, and DeFi, and you can choose to participate in the project or only watch other people take the profit for them.
6831  Bitcoin / Bitcoin Discussion / Re: What the future holds for bitcoin on: September 29, 2020, 03:41:44 AM
~snip~
the thing is there are no repeatedly profiting in this market,we can make money at first but will lose at second or we can win twice and lose double.

I think we can try to search for profit repeatedly, but with the good movements in the market, so you can have a chance to buy low and sell high. At this moment, I think we have that chance, but we need to be careful to trade.

The bitcoin market now seems to move well because we almost touch $11k again, so that means we can see the chance to make another profit. If we already bought bitcoin at $10,500 yesterday and still hold it, our profit now will be $400, which is a good profit for us.
yet not taking that 411k again,for couple of times since August and now September is almost done still struggling to move up.
It looks like we will stay in this until the Mid of 4th quarter or even before December.

If you don't make a profit for that $400, you can wait for the next days because the bitcoin price will give you another profit, and who knows, you can make more than just $400. But still, to wait for the big profit will need patience, and not all people can do that.

I feel the same as you. Perhaps, we will see the situations will be like this until the end of this year. But I have hope that the price will break $11k-$14k before the end of this year.
6832  Economy / Gambling discussion / Re: Vietnam bursts an illegal casino who used to handle bets worth $3 billions on: September 29, 2020, 02:29:30 AM
Not really. Because I am sure illegal offline gambling places will always be there. The illegal casino will slip around out from the government without the government's can find those places. The illegal casino is like a mafia, they can operate in any places without guessing, and only a few people know that.

But if the government caught the illegal casino, they will force the casino to become legal so that the government can watch their operations, and of course, the government can get taxes from them.

Illegal casinos mostly exist in places where gambling is banned. And in most cases, they have support from the corrupt officials and politicians. If they are caught, then the operators would go to jail and all the money and equipment will be seized and confiscated. In places where casinos are allowed to operate, it will be unusual to find the illegal ones operating.

The illegal casinos are too smart to smell from the officials' investigation, and they can always move to the new places to continue their business. They have a back up from the corrupt officials, which always tells them if there is an operation to chase the illegal casinos. But some illegal casinos already seized, and the owner gets jailed, but that is for formality only because in a short time, the owner will get free and the owner can rerunning the casino. But this time, they will get support from the corrupt officials because that is hot money for the officials.
6833  Economy / Gambling discussion / Re: Betting small amounts on a lot of matches or big amount on couple of matches? on: September 29, 2020, 01:28:34 AM
I have been gambling a lot these days with soccer matches but I'm not enough lucky to make a profit. Howeber, I'm not into huge loss. It's very tiny amount if I check all the previous P/L.
I don't bet big amount. Usually, I bet $4/$5 worth of BTC on a lot of matches; sometimes I win and sometimes I loss. But that can't make me any profit.
Should I go for bigger amount of bets on few matches or stay with current strategy (placing many bets of small amounts)?

The higher the risk you put, the higher the profit that you can expect, if you are going to make a bet be sure that you are ok with losing with your bet even if you don't like it, you cannot get a lot from making small bets that is playing safe, you can do that if you are just stating out but not if you want to make profit, I recommend that you do the latter if you have the money and you can take a risk.

Not many people/gamblers can accept the loss because they want to chase the winning with the higher bet. We should play gambling with safe and not risk too big money if we don't want to see a big loss. If using small bets can give us the chance to win and play safe, we don't have to replace it by using bigger bets because the risk will be bigger.

Sometimes, we need to stay on the current strategy, but we can use a different method to expect the win on the other days. But we should know the limit before we use bigger money.
6834  Economy / Gambling discussion / Re: Police Raids and kids involving spider betting. on: September 29, 2020, 12:28:49 AM
What is the real thrill of gambling?
We want to bet on everything, although at this point it is something cultural and even humorous, in fact  tourist for some.

"...the bet to survive, in the wild life is justified," pocket phrase from a gambler to justify.  Sad

I guess the real thrill of gambling will be a win or lose. The sensation of winning will be different than the loss because if we win, our feeling will be full of happiness, and we will celebrate it with our beloved. The sensation of gambling is very tempting every person, making people who don't know gambling want to feel that.

If traditional gambling games have the attention of tourists, they will try to look closer and learn how to play it.

Our life will be full of a gamble because we risk every decision we made to get something we want.
6835  Bitcoin / Bitcoin Discussion / Re: What would happen if you invested a $1 in Bitcoin every day for 5 years on: September 28, 2020, 05:46:59 AM
Perhaps, @OP can try to invest in bitcoin monthly with some amount, let say $50. No matter if the price is at a high price or low price, he still buys bitcoin for $50, and he does that for 5 years, so in the next 5 years, he will use $3,000. Every year, he can hope that the price will be different to see how much profit he will get.

Investing in monthly will make sense compared to invest $1 every day because we might not have a chance to buy bitcoin in our daily busywork. So if we invest in monthly, we can allocate some money to buy bitcoin, and I suggest this to my friends. But I don't know what is the results because I lost contact with him.
6836  Economy / Speculation / Re: Predict the bitcoin price range as we enter the New Year on: September 28, 2020, 04:46:03 AM
I predict the bitcoin price range at the New Year will be $10k-$12k or $12k-$14k because the bitcoin seems stable at that price for a few weeks. But I hope that the price can surge to the high price because I see that the trend looks better than the last few weeks so that bitcoin can break $11k soon. The trend will be better if the vaccine can be found so that it can give impact the crypto market too. At least, people will have hope that the virus will end, so people can have a chance to have a better life.

It seems bitcoin price will have more support in the next month. But I think people will not wait for a long time because once the price increases for a small price, they will sell quickly without waiting for more. If that situation continues, I guess bitcoin's price can't stay or increase to the high price because people will take a fast profit before the chance is gone.
6837  Bitcoin / Bitcoin Discussion / Re: What the future holds for bitcoin on: September 28, 2020, 03:37:02 AM
~snip~
Bitcoin price is above 10k and with this amount we can buy and get more profit if investing on altcoin, what for bitcoin growing up just take profit above 10% only with amount $10k, how will be profitable if using this amount to buy potential altcoin like ethereum, ripple and litecoin or try to buy BNB, when price is raising up we can get much profit more than how much getting from investing with bitcoin, but bitcoin look less risk after investing and hold for long time.

Indeed. With just 10%, we invest in altcoin, giving us another opportunity to profit in bitcoin. If we can do that repeatedly, the profit will be bigger, and our bitcoin amount will increase. We still buy bitcoin at a low price if the price down too much, and while we also invest in altcoin, we can make a double profit in the future.

The bitcoin market now seems to move well because we almost touch $11k again, so that means we can see the chance to make another profit. If we already bought bitcoin at $10,500 yesterday and still hold it, our profit now will be $400, which is a good profit for us.
6838  Economy / Gambling discussion / Re: Betting small amounts on a lot of matches or big amount on couple of matches? on: September 28, 2020, 02:28:16 AM
I have been gambling a lot these days with soccer matches but I'm not enough lucky to make a profit. Howeber, I'm not into huge loss. It's very tiny amount if I check all the previous P/L.
I don't bet big amount. Usually, I bet $4/$5 worth of BTC on a lot of matches; sometimes I win and sometimes I loss. But that can't make me any profit.
Should I go for bigger amount of bets on few matches or stay with current strategy (placing many bets of small amounts)?

I prefer to use a little money of bets to use bigger bets because we are not searching for winning. I see that you seem to want to familiarize yourself with a sports bet, so my suggestion will be like that because if you're going to win big, you need to know as much data as possible. Even if you use bigger bets, you will not have a chance to win if you don't have valid data.

Staying with the current strategy will be okay. Besides that, if you lose, that will not be a big loss in money. Using the money you can afford will be the best thing that you can always use in gambling games.
6839  Economy / Gambling discussion / Re: Vietnam bursts an illegal casino who used to handle bets worth $3 billions on: September 28, 2020, 12:27:20 AM
~snip~
if that is the case then offline gambling places will not be free and for sure they will try to change the function to online gambling places because I am sure when the government starts looking for illegal gambling places they will definitely want to try to get and collect taxes from that gambling place so that the profits are made will be seen all.

Not really. Because I am sure illegal offline gambling places will always be there. The illegal casino will slip around out from the government without the government's can find those places. The illegal casino is like a mafia, they can operate in any places without guessing, and only a few people know that.

But if the government caught the illegal casino, they will force the casino to become legal so that the government can watch their operations, and of course, the government can get taxes from them.
6840  Bitcoin / Bitcoin Discussion / Re: What the future holds for bitcoin on: September 27, 2020, 05:37:13 AM
Of course the future for Bitcoin is very bright, so holds for Bitcoin will be very profitable. Knowing the price of Bitcoin which continues
to rise, the demand for Bitcoin continues to increase. If this happens it will be very profitable for Bitcoin holders. So many investors
hold Bitcoin for the long term, I am also thinking of holding Bitcoin for at least the next 5 years. And I hope that in 5 years, I can make
huge profits from Bitcoin, therefore from now on I will continue to collect as much Bitcoin as possible.

Although the future of bitcoin is bright due to a bullish trend coming soon, you don't have to fill your portfolio with bitcoin alone, altcoins can also be an alternative option,
I think five years is a short time, if you want maximum profit hold at least ten years from now, I believe the value of bitcoin at that time was at least fifteen times more expensive than today.

I agree with you. The altcoin can help us make more bitcoin, especially if we can hold or trade it to profit in bitcoin. Bitcoin can be a short, medium, and long term investment at the same time. But the altcoin can be used for the short term investment because the altcoin price can change in that period.

Bitcoin's future will be bright, but many people can't hold it for a long time because many of them will worry about seeing bitcoin price will be too volatile from time to time. Besides that, many people will panic if they see the price drops too deep to make them sell their bitcoin because of panic.
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