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721  Bitcoin / Bitcoin Discussion / Re: Challenging Privacy in Bitcoin! on: November 14, 2023, 01:51:27 PM

But here comes the most intriguing question: is the level of privacy provided by these tools enough to protect our identities and activities in the digital world? Or should we be focusing on developing new solutions and improvements to further safeguard our privacy in the Bitcoin ecosystem?


Achieving privacy becomes possible if we avoid services that demand KYC requirements. Keep in mind, with blockchain, once a record is written, it's permanently public. So, if we maintain anonymity and refrain from complying with KYC, even if others see our address, they won't know who it belongs to.

The problem arises when we do go through KYC. If we still want to keep our anonymity, which is already challenging, our only option is to use a mixer to blend our transactions, making it tough to trace. However, take note that while mixers make it difficult, it doesn't make it impossible to discover transaction origins. Therefore, it seems avoiding the KYC route is the most effective way to preserve our privacy in this context.
722  Economy / Gambling discussion / Re: What percentage of bitcoin investors are gamblers ? on: November 14, 2023, 12:51:49 PM
What percentage of bitcoin investors are gamblers ?  Where will this figure be if we consider worldwide users ? I think it will be somewhere between 10-20% ? Also, it is possible that most of gamblers are still not bitcoin investors ? I see  less chances of the later happening.

Its difficult to guarantee a definitive answer to your question. Even if you conduct a survey on this forum or any other platform, its not guaranteed that you will receive an accurate answer because some investors might prefer to keep their privacy and choose not to answer. We can make assumptions, but ultimately they may not be relevant.

Yeah, Exactly, and honestly, I don't think these surveys are needed. From what I've seen, there are a ton of crypto enthusiast who are more into gambling than investing. I'm even leaning towards thinking we've got more gamblers than actual investors. See, when people are all serious about investing, they usually have to throw in a big chunk of money to have a shot at a decent return. It's the opposite for gamblers, though—they toss in a little and hope for a huge payout.

Here's my guess: Out of the 100% who are investors, I figure only about 1% of them are real gamblers. And by real investors, I mean not those who bail on their investment the moment things start feeling too much like a wild gamble.
723  Economy / Gambling discussion / Re: Why do you want to play on casinos without KYC requirements? on: November 13, 2023, 03:01:18 PM
We are well aware of the risks associated with playing at a non-KYC casino, but we are willing to accept those risks in order to enjoy full privacy and anonymity. It's similar to using a bitcoin mixer, we understand its association with money laundering and other illegal activities, yet we still use it for the purpose of gaining anonymity. After all, crypto is supposed to provide us with anonymity, and we are simply trying to achieve that goal.

There’s already non-KYC casino that is complete decentralized. It doesn’t need you create an account and you can play by just interacting to smart contracts. The only danger is if you didn’t know how to read code but most of this casino is open source and has a smart contract audit that is equivalent on having license to check their code.

They are just offering simple games that’s why they are not popular and also they don’t of VIP rewards like the casino with KYC offers. People is just not contented on what’s available but they really have a choice to play without KYC but still safe.

But are these games really popular? I don't think so. Sports betting still dominates the gambling scene with the largest audience. The only notable distinction in fiat casinos is the KYC  factor, which isn't always required in some crypto casinos. Despite the risk of potential scams and the uncertainty of retrieving our money, many choose reputable casinos from the outset. This confidence in the casino's reputation helps mitigate the associated risks, making the overall risk level lower.
724  Economy / Gambling discussion / Re: Why do you want to play on casinos without KYC requirements? on: November 13, 2023, 01:13:53 PM
We are well aware of the risks associated with playing at a non-KYC casino, but we are willing to accept those risks in order to enjoy full privacy and anonymity. It's similar to using a bitcoin mixer, we understand its association with money laundering and other illegal activities, yet we still use it for the purpose of gaining anonymity. After all, crypto is supposed to provide us with anonymity, and we are simply trying to achieve that goal.
725  Economy / Gambling discussion / Re: sites with bonuses without deposit on: November 12, 2023, 12:08:27 PM
Hello everyone, do you have sites with no deposit bonuses or no deposit free bets?

I'm not sure because the gambling industry has been growing rapidly in crypto. When a popular gambling site offers a deposit bonus, it would be unwise for a new site to come up with nothing to offer. So, most gambling sites ready to compete typically have deposit bonuses. The only difference lies in the amount of deposits and the rollover requirements, which can be found in the terms of service.
726  Economy / Gambling / Re: Seabet.io Online Casino on: November 10, 2023, 11:51:22 PM
I received this response when I tried to visit the website:

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What happened?
This request was blocked by our security service.

It appears that my IP address is banned from accessing the website. Is there any way I can obtain information about your website without actually visiting it? I'm referring to a website review. Or maybe if you are kind enough provide the list of countries that are banned from accessing your site.
I the best possible self-serving advice is you have to use VPN to access the site since the IP is blocked in your country and you want to make just a review and not play on the site,  I will only advise you to use a VPN just to access and gain insight into what really is going on in the casino and how best you intend to handle it.

But you may run into troubles with VPN usage if you decide to create and find the betting account that you used a VPN to open.

I suppose I have to agree with this. It's challenging to take risks, especially since even if the OP says it's okay, there's no guarantee that my account will stay secure in the long run. Since my country is on the block list, it's probably best for me to stay away of this and explore other gambling sites that doesn't have the same restriction.


By the way, to the OP, I don't think I've welcomed you yet, so welcome to the forum!
727  Economy / Economics / Re: Being rich = not looking at price tag on: November 10, 2023, 11:17:10 PM
I often read people saying they want to earn enough money so they don't have to look at price tag of product. Imo, even if you are rich you wouldn't want to spend money on things that are not worthy of price being paid.

You wanna look at product and then it's price, if it's worthy of price, you purchase the product.

That's really true, there are very rich people that don't look at the price tag when they are buying things but that doesnt mean they'll pay an overprice item because even if they are not looking at the price tag, they know the price range of what the are paying.

Don't think that if someone that is so rich pays for an item that has an unreseonable price they won't complain after the item is punch on their card. These people reach on that status because they know how to manage their financial aspects effectively, so they won't be wasting money if it's not worth it.
728  Other / Beginners & Help / Re: Swedish Bitcoiners targeted by armed criminals on: November 10, 2023, 04:13:35 PM
These criminals wouldn't know the volume of Bitcoin we are transacting if the exchange wasn't hacked or didn't leak users' information. When an exchange requires its users to undergo KYC, it means they are mandated to implement those rules by their regulators. This also includes protecting users' information by keeping it confidential. So, it's their responsibility to ensure that the information is safe from both inside and outside threats. Since we can't really avoid complying with KYC if we're using our local exchange (which is often the safest and most popular way to cash out money), to minimize the risk, we should choose a reputable exchange.
729  Economy / Gambling discussion / Re: Tyson Fury vs Francis Ngannou Boxing October 28 on: November 10, 2023, 03:57:42 PM
And by the way, Wilder is not the toughest opponent Fury faced, it's Wlad and it's not even close. Wilder had been ducking Wlad and then AJ, he was cherry-picking and hostaging the WBC belt for many years. It was his first time stepping up against Fury who just returned from years of retirement thinking he could take advantage of it.

Fury fought an older Wladimir, and if he had fought him during Wladimir's prime, I believe Fury wouldn't stand a chance. Wilder was probably so hyped during the time he faced Fury due to his record, boasting a 100% KO rate. Even now, if we deduct the outcomes against Fury, he still looks like a very dangerous fighter. But Wilder fell into the hands of Fury...First, a split draw, second, TKO, and then lastly, KO.

Honestly, if Wilder and Joshua were to face each other, I find it a very interesting fight to watch because both fighters are slowly coming back to being champions. But if I had to choose, I'd put my bet on Wilder as he was only beaten by one fighter, which is Fury, while Joshua has losses to two different boxers already, two from Usyk and one from Andy Ruiz.
730  Economy / Gambling discussion / Re: Advice for new comers on: November 10, 2023, 11:10:29 AM
What advice do you have for newcomers diving into the world of crypto gambling? Any lessons you learned the hard way that you'd like to share?

Always be disciplined and set an amount you're willing to risk that you can afford to lose. If you don't let your emotions dictate you, even when you lose, and you stick with your maximum loss amount, that means you're a disciplined gambler. You'll have longer gambling sessions where you'll experience both wins and losses. However, if you aim to improve in gambling and feel more optimistic about making a living from it, then I guess all you need is to develop your strategy since you already have the discipline to control your emotions.
731  Economy / Gambling discussion / Re: My $50,000 betting goal by 2024. Share Your Thoughts With Me. on: November 10, 2023, 05:29:22 AM
Nobody will give a forward ahead with this your 2024 agenda of gambling because they know quite well that gambling deals with people emotions and its not a legitimate business that you are sure of getting returns at any point in time, so we have to understand one primary thing in a gambling and it's gamble with precautions and do not a gambling a priority, ~~~

Maybe for most of us, we shouldn't treat gambling as a business, but OP has something to prove and wants to go big with gambling. If you don't believe you'll win in gambling, it's not for you; just go ahead, enjoy, and spend your money. But for gamblers like OP, he's chosen a risky path with a goal of $50,000 next year. That's quite a huge target, but if he can afford to start with a decent bankroll, let's see what he can do and wish him luck.

@OP, it would be nice to share your experience here, especially your bets, so we could follow. Maybe you could prove to most of the posters here that gambling, aside from being a fan, can also be treated as a business.
732  Economy / Gambling discussion / Re: NBA 2023-2024 betting on: November 09, 2023, 10:35:09 PM
I'll go with the Bucks against the Pacers, could be another close game here, but let's see if Giannis can take one at the road against the Pacers. The Bucks slight favorite @1.77 ML. I think there's value on that bet.

It seems like everyone is going to the Bucks here, I might fade you all as I think it could be a trap to deceit the public.
Also addition some 1st half/2nd half special, Bucks/Pacers with a juicy 8.40 odds.


I also like to go ML with the Mavericks @1.81 against the Clippers, gonna be exciting, but I think LA might still struggle and Doncic putting MVP numbers.

Until LA starts winning that's when they can be trusted, against the Mavericks who's been playing playing pretty well and Harden vs Iving (old buddies), it's such a great match up, let's see how desperate the LA Clippers to win this game.
733  Other / Beginners & Help / Re: First buy Bitcoin as a newbie, good way to start. on: November 09, 2023, 09:53:53 PM
But how most newbies are coming is they see random YouTubers saying bitcoin will reach this much in the next 6 months so buying bitcoin will not make them as an investor but simply they are forced to influence by someone without knowing what they are about to invest.

That's the usual hype when the market goes bullish. It's why so many people fall into FOMO, thinking Bitcoin will bring them quick and hefty returns in no time. But without the right investment strategy, we won't make money during a bull market. We often fail to make the right move because of our own greed. Sometimes, we hold onto assets even when we've already made a decent profit because we keep thinking 'more.'

That kind of mindset can lead to regrets in the end. We need to be clear about our goals, whether it's for the long term or short term, as each requires a different investment approach.
Investment strategies and all others are secondary. first the person should be having basic understanding level of bitcoin like its decentralized p2p system, price based on demand/supply chain like that and also its high volatility, bullish/ bearish can be extreme compared to traditional investments.

I get it, even though it might be considered secondary, it should actually be a priority. Anything labeled as 'basic' is supposed to be easy to understand, but the real challenge comes when deciding which strategy to use for successful cryptocurrency investment. This can be quite complicated for newcomers, and in the early stages, they tend to make mistakes. If they start with aggressive risk-taking, they might not recover their losses and end up unable to continue investing. So, we have to understand that in this highly volatile and unpredictable market, a proper approach should be implemented on our part.
734  Other / Beginners & Help / Re: First buy Bitcoin as a newbie, good way to start. on: November 09, 2023, 12:49:38 PM
But how most newbies are coming is they see random YouTubers saying bitcoin will reach this much in the next 6 months so buying bitcoin will not make them as an investor but simply they are forced to influence by someone without knowing what they are about to invest.

That's the usual hype when the market goes bullish. It's why so many people fall into FOMO, thinking Bitcoin will bring them quick and hefty returns in no time. But without the right investment strategy, we won't make money during a bull market. We often fail to make the right move because of our own greed. Sometimes, we hold onto assets even when we've already made a decent profit because we keep thinking 'more.'

That kind of mindset can lead to regrets in the end. We need to be clear about our goals, whether it's for the long term or short term, as each requires a different investment approach.
735  Economy / Gambling discussion / Re: For Newbies Interested in Gambling on: November 09, 2023, 12:01:42 PM
I can only imagine success if i make a lot of money in gambling, I mean a lot because it's something unachievable for most gamblers.
Imagine that, if you are one of the successful gamblers, that only means you have an exceptional talent that you can capitalize to make a living in gambling.
That only means success in gambling and that's when you make a lot of money. There's no other form of success in here, you enjoy? If you find that successful, that's not the goal of most gamblers.

It's always been winning and making money from those wins that you've made. The reason for one to consider that he's successful in gambling when did a lot of money.
We need to be practical here. Who would be happy when we're losing in gambling? Most of us aren't wealthy; we earn just enough, and it would be a big help if we could consistently win in gambling. Maybe the rich folks who can afford to splurge in Vegas find it fun, but not us.

For us, winning equals enjoyment, and that's where the real fun and happiness in gambling come from.


For newbies, they can do that out of luck and even the oldies. But we have to embrace the reality that going to that point even for the older ones is like a hard thing to be made because the ratio of winning and losing in gambling has always been not the same.

Yeah, absolutely! That's why they say the majority loses in gambling, which means not everyone, so there's still a chance for us to win.
736  Economy / Gambling discussion / Re: For Newbies Interested in Gambling on: November 09, 2023, 07:09:19 AM
Being patient and consistently involved in healthy gambling habits will surely make you a successful gambler.
Do you mean a gambler should be successful in gambling? It is good to be patient while gambling and it is good to also follow the rules for you not to be addicted or lose too much money, but gambling is not where we should think about success.
I can only imagine success if i make a lot of money in gambling, I mean a lot because it's something unachievable for most gamblers.
Imagine that, if you are one of the successful gamblers, that only means you have an exceptional talent that you can capitalize to make a living in gambling.

All that discipline and good attributes needed are useless if it will not gather a positive end result.


Personally, I limit my bets to no more than 10 percent of my bankroll per day, I stop once that limit is reached.
My gambling budget is 5% weekly. From the 100% I earn weekly, I used 5% or less to gamble if I have time to.

Our budget or what we call bankroll in gambling could vary, but there are rules in bankroll management which OP mentioned, as for himself, it's 10% of his total bankroll daily, so if he would be in a losing streak, at least he would last 10 days.

Personally, I don't limit my gambling activities in a day, but at least 3% of my total bankroll is the percentage I wager in every bet.
737  Bitcoin / Bitcoin Discussion / Re: investing plan on: November 09, 2023, 06:17:09 AM
Hello Community,

I have 1500$ and i want to invest it crypto as holdings. What do us suggest invest it all on BTC or alts? Thanks

If you want to minimize the risk, consider putting all your investment into Bitcoin and holding it for the long term. Of course, there's a saying, 'Don't put all your eggs in one basket,' but since the majority of altcoins are not very reliable, it might be better to go all-in on Bitcoin.

That $1500 you have could potentially grow significantly, especially with the upcoming halving and the expected bull run based on its historical trend. Bitcoin might even reach a new ATH and could go as high as $350k. It might seem too optimistic for now, but once we're in the midst of a bull run, people tend to forget about ceilings and just want to keep pushing Bitcoin higher. You know, when FOMO kicks in, prices can skyrocket.
738  Other / Beginners & Help / Re: Never say your recovery seed or private key out loud! on: November 08, 2023, 04:19:25 PM
If you are holding a precious asset like bitcoin, you should know the drill, keeping your those important details should be your priority.

Personally, I don't even let people know that i'm investing into bitcoin as we never know what people would think of.

Honestly even my close relatives don't know about it, I just keep my journey in crypto very private because i don't want poeple to be asking me about what I'm doing, and I don't want them to think that I'm rich because their impressiion when someone is into investing in bitcoin, the person is rich, being quite makes it safe for me as we are dealing with money anyway.
739  Economy / Economics / Re: How Much Does Food Cost in Your Country? on: November 08, 2023, 03:21:20 PM
I want to know about the cost of living and average income in each country. Can I ask that here?

For comparison, may I ask how much a standard meal in your country costs for one meal?
one meal per one person probably around $2,  you can eat in a restaurant, or you can cook, that's just my minimum estimate that a person could at least eat a decent meal.

Quote
what is the standard food menu?
Fish Tinola I guess, or fried fish. I use fish because it's the cheapest and more delicious than just eating vegi. No offense to vegitarians here.  Smiley

Quote
What is the average monthly and annual income in your country? Please those who answer can use calculations in USD
Around $250 per month. Though having a salary like that can still be considered poor but enough to survive as long as you know how to manage your finances, you know, like prioritizing your needs and not getting much loans.

740  Bitcoin / Bitcoin Discussion / Re: Bitcoin is not perfect, and that's okay. on: November 08, 2023, 02:52:13 PM
The world is not perfect either, so there's no such thing as perfect.

What makes bitcoin popular is it's usefulness to us, maybe not for everyone but those who have adopted it either for regular transactions purposes and for investment purposes. Maybe one of the many you mentioned which is this one "The bitcoin market is too volatile and unstable"... can be change in the future, and that is if there's a massive adoption that bitcoin is accepted anywhere and goverment has already clear rules about crypto industry as a whole.

Hopefully in the future we can say that bitcoin is not perfect but it made us rich.  Grin
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