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721  Economy / Economics / Re: Economic problem, why is fiat difficult to hold. on: June 22, 2023, 02:20:52 PM
It's difficult to hodl fiat if you're the type of person that loves impulsive buying, shopping online, always eating outside, buying branded clothes and shoes, etc. In order to spend your money on the right things, you have to be matured enough to endure your thoughts on buying the things you want, instead focus on the things you need. Keep track on your expenses, budget your fiat, only buy things you wanted if you really have extra cash for it and don't do it always.
722  Economy / Economics / Re: I thought there was an egg shortage. on: June 22, 2023, 01:10:47 PM
Nope, they are just limiting the supply of eggs so that they can increase the price. There's a lot more tricks going on to the society to battle inflation and the poor are the most suffering from this. The government always to ignore this kind of issues as long as they are getting money from it. Sad thing is a that as the days goes by, everything is not getting any better, but it is the other way around.
723  Economy / Economics / Re: Landed properties is the best investment on: June 22, 2023, 12:11:35 PM
Land properties are good investment since it never depreciate but the other way around, but make sure you have the complete papers that says you're the owner of the properties to avoid any worst case scenario like the government taking your land. You have more options when you have a lot of properties, you can start your own business their, like raising livestock, building a house for rent, or anything that can help you earn money.

You can also sell it too, but if you're gonna sell it all after some years, you're gonna end up having nothing.
724  Economy / Gambling discussion / Re: Things that still make feel awkward with some online casinos on: June 21, 2023, 01:16:45 PM
Because some casinos earn as well by doing that fee, maybe a little bit but it has. We cannot avoid such thing because it is really necessary maybe sometimes just like what you have said some casinos offer free withdraw if you reach the min amount but not at all,
It's rare to see now a casino that offers free withdrawal and that is because there's an inconsistency with the fees. Although I've seen some and it's like a promo for their new users so for every 1st withdrawal, they're giving it for free.

maybe OP needs to try other coin option that has a lesser fees so that he can enjoy his winning.
Some casinos that have an in-app exchange are convenient for their gamblers to avoid such high fees. And that's why everyone has their preference on which they like, some are for that feature, others are for the games and its convenient approach to their customers.

It's rare to find a casino that has a free withdrawal because of course, they have to profit too. They need to put a price on their features to earn without harming the pockets of the players and to continue operating. Aside from their profit in the games on their website, additional income will come from the withdrawal of the players. I think there won't be a problem with it since these gamblers can afford to gamble in the first place, therefore they can afford to pay the withdrawal fees which are lesser compared to what they typically spend.

Regarding in-house exchangers, this is really convenient for the players, but will be an additional thing to maintain for the casinos. Although hopefully, more casinos will have this in the future for less trouble and easy access.
725  Economy / Gambling discussion / Re: Important Points to Learn from Your Worst Sports Betting Losses! on: June 21, 2023, 12:25:55 PM
The lesson I've learned from loosing sports bet is to take all bets serious. Probably every time I made a bet just for fun, just because odds seems to be like a easy win, just because "that team/player simply cant fail" - I've lost. I did not treat my money responsibly. Also a bet like "place a bet and forget" will probably lose. Every time I've placed a bet and watched sports, I end with more or less expected outcome. But when I place a bet, close browser and went for a lunch for example, it is always a loss for me. Play smart, focus, have cold head.

It's a good thing that you have learned your lesson based on your experience. Although it would've been much better if you learned without costing yourself a little trouble. But it is what it is, and the good thing is you get past through it and vowed to yourself that you will never do that bad move again on your future bets and plays. If you really want to win in sportsbetting, it is crucial to take into consideration all the important details and information to have a higher chance to predict who's going to bring home the bacon. If you will let your gut feeling without backed up references as a foundation of your bet, and if you will let your feelings get in your way, you'll likely lose no matter how "confident" you are.
726  Economy / Gambling discussion / Re: Don't gamble if you don't have patience on: June 21, 2023, 11:07:00 AM
In a way I can understand that a gambler that is doing so for the very first time has some delusions about becoming profitable, as who has not had those delusions at some point? However as they begin to lose money they should move on and understand that they never had any chance to make money at all, but many people do not understand this lesson and instead keep gambling hoping for the best, and that is when their losses become too much to bear and they lose their patience because of them.

I don't think it's a question of understanding, my friend Silberman, I think it's more a question of entering an emotional state that they can't control. People who go to the casino and end up losing more than they can afford, or even steal or go into debt for it, deep down know that what they are doing is not right, but there comes a time when they enter a state of trance, tilt or similar states where they end up doing things that they will later regret.
That means they cannot control themselves while gambling and when their emotions run high, they follow suit and continue gambling until the money runs out. But not all gamblers will do that because they will be fine as long as they can control themselves. So if they are on the verge of losing their temper and it looks like they have lost money too because of losing so many times, they should leave the casino immediately to rest and cool down their emotions. Otherwise, they could be lured into using even more money.

Indeed.

If a person let his emotions control him, it will be a disaster. When emotions are involved, most people tend to be irrational. Sometimes, people have this tendency to let their urges win because they feel like it's the right thing to do or simply because it will make them happy and satisfied. But sometimes, it shouldn't be tolerated especially when it comes to financial matters. You cannot just follow what you want because it will make you feel better, rather you should prioritize your needs over your wants. In gambling, this applies too. You should only bet according to your financial capability and not according to how you want to.
727  Economy / Gambling discussion / Re: Are there play and pay later casinos? on: June 21, 2023, 10:18:38 AM
No casino would survive with that kind of system. While they may attract a lot of borrowers, the question remains: can they ensure that they will receive the payment? We are discussing online casinos, where most of us gamble anonymously, so the risk for the operator is very high.

I am aware that some land-based casinos have lenders, but they would not easily lend money without collateral. This collateral serves as assurance since its value is higher than the loan, and the interest rates are typically high. These lenders are often referred to as loan sharks.
Just like in our small store business before. We also allow people to shop for goods and they can pay it later on. Some pays longer like after two weeks while some pays after a month. The outcome is not great and our business fails later on. We have no choice but to have that kind of system because our business location is not good enough.

It wasn't placed in a really crowded area but it was only placed in our own backyard where the customers are mostly the people that we already know the most. The same thing could happen to a casino if they implement such scheme. An active flow of money is important because we will also use it to maintain our service.

This is the consequence of letting someone borrow from your business. In my opinion, small business such as this don't have to add this feature because given that you only have a backyard store, you have a limited capital and source of fund. With that being said, the profit of your small business is what you use to buy products again to make the income flow continuous. Hence, you can't really afford to let your goods be borrowed to be paid later since the money will be stagnant, there will be no profit on your end for a specific time frame. Additionally, you don't even know if they will pay you as soon as possible or if they will only pay if they remembered or want to, since there's no written agreement on this, I assume.

The same way with gambling casinos. They shouldn't really put credit or pay later features to deter those who don't really have money in the first place to gamble. If they don't have enough fund as spare, then do not play or bet. It's not about being greedy or putting up discrimination. Rather it is a form of concern and setting boundaries to keep your business operating and to keep them away from having so much debt they can't even afford to pay.
728  Economy / Gambling discussion / Re: Who is to be blamed, the gambler or the betting agent on: June 21, 2023, 08:48:37 AM
Both parties are to be blamed for this instance.

The guy who borrowed money from the casino agent should know that he is only supposed to gamble what he can afford to lose. Given that he just have 1,000 on hand, that means he can't really afford to lose a thousand more. Gambling based on your means is needed in order to avoid messy situation such as this. As a player, you shouldn't be irresponsible of your finances to avoid troubling other people.

The casino agent is at fault too. Players should only be allowed to play based on their cash on hand or their card balance. They shouldn't tolerate credit since it's unsure if the player can repay them afterwards. Additionally, it's just a form of precaution and concern since we don't want people to be burdened by pile of debts just because of gambling.

If they had an agreement, that should be an evidence that the player has to pay the casino agent.
729  Economy / Gambling discussion / Re: Gamblers understood the game on: June 20, 2023, 01:05:53 PM
Beginners only see other people's big wins from social media, which makes them curious about playing gambling and want to prove it with their money. But if they can't control themselves, it's tantamount to depositing money without a chance to win a lot. If they could take the time to understand that gambling is not as easy as they make it out to be, they would not come close to gambling and would even stay away from it. But we can only give them advice and not force them not to approach gambling.
It's not wrong, because that's what they only want people to see. Oh, and especially if they are paid by the gambling site itself. Nobody will be hooked into gambling if they will be so honest to say that you need to keep losing more before you can win some. Yes, there's no such thing as ROI in gambling, once you gamble, the house will keep on taking from the gambler without him noticing it.
From playing Keno and Plinko, I saw how far the RTP is, it happens like once in a blue moon. I think I made a bet of 2000 or possibly more before I saw one ball falling into x1000 pin.
The one way to make it inviting and hoard a lot of referrals as possible is thru streaming, make them see that winning is possible but cut the part on how much time and money you spent before you hit the jackpot. Gambling is easier to understand than investing and it doesn't have the critical details to understand. You spend, and you lose or win.

Gambling has its benefits and consequences. People perceive gambling as an easy way to generate money, but it is more than that. In gambling, there are risks you need to consider. There are also things you should swallow in order to make money from gambling especially if you are an affiliate. You have to make referrals in order to earn. And that means you have to encourage people to gamble which isn't so good if you're going to look at it at some point. You have let them be hooked in gambling in order to earn a bonus from them signing up.

Technically speaking, you don't have responsibility over the gambling habits they'll developed overtime. Although if you'll look at it, indirectly you're playing a part. Perhaps it's just up to you on whether you will pursue gambling for income on the side or not.
730  Economy / Gambling discussion / Re: How Big is the online gambling industry today? on: June 20, 2023, 11:50:00 AM
Just like gambling is risky without personal documents, doing kyc on all sites is also very risky. So we need to be careful in all cases  If not, problem is certain. It is not possible to do anything good in negligence. So it is foolish to think that we can be completely safe in any case. it is impossible to be completely safe especially when it comes to gambling
Yes, that's correct. We have to be careful when gambling because we have seen a lot of scam casinos out there, so we don't need to try it, especially if we already know that the casino has been a scam for a long time. We must have a list of trusted casinos that we can use for gambling so that we will not be tempted to move to a casino we are unfamiliar with. And if we want to do KYC, we have to ensure the casino is trusted and can take good care of personal documents. And we already have those trusted casinos in this forum to help us stay away from scam casinos.

Before making a final decision for the use of a particular casino, we should ensire to make a serious research about them to know and have the knowledge about whom they were, what record do they have convincing enough for us to take as reason why we should stick to them alone, many individuals and organizations are now creating new casinos for business, some already had a track record of good, some bad while some were just setting in for the very first time, we must have interest in getting every required and necessary informations about these platforms before hand.

This is right.

It's our responsibility to check whether a casino is to be trusted or not. It's good to ask people for their opinions and suggestions, but nothing beats finding the needed information by yourself. Researching is very much needed if you don't want to be fooled by paid advertisements and shilling. You have to find the right casino for you based on your collective experience, research, and from the advices people who have experienced certain situations, mostly unfavorable ones, so that you won't also stumble upon the same misfortune of not knowing better.
731  Economy / Gambling discussion / Re: do you lose on slots? on: June 20, 2023, 11:13:27 AM

That is exactly what most people miss and that for a good reason as I have said before,the reason is that our brain emit dopamine a hormone that makes us feel good and as such we lost count of what we are really doing and how much money are we losing.We have to be extremely vigilant during the phase in which we are playing slot machines to check the balance every now and then before it empties out and we think then how come that we lost all that money during such a short time,in fact it is no short time,it is dopamine that makes it look short.

Same sentiments. I really think gambling brings cheap dopamine to fuel you into gambling and playing more. There's this kind of thrill and excitement gambling gives off to those people who do it. Especially to those people who already live with it and do it regularly. If they can't gamble, then they will most likely do things just to be able to. Otherwise, they'll seek it continuously because they love the fun and basically, it just become a part of their system wherein they can't easily remove or set aside. It's not something that you can instantly cut off the moment you enjoyed it and the moment you let it consume you. It'll take a long process to be able to quit and to be able to bounce back from healthy gambling habits when you are used to doing it excessively.
732  Economy / Gambling discussion / Re: Easy or hard to quit? on: June 20, 2023, 10:17:59 AM
Can you quit gambling if you make a life changing money and never go back to gambling?
It is difficult to answer this question with certainty, every gambling addict has their own character in gambling. For normal gamblers who can control themselves, they will probably stop for a while from gambling activities after making big money from gambling places. The reality is that there are lots of gamblers around where I live who find it difficult to stop even though they lose very often, while those who win will be even more active in gambling in the hope of continuing to win and win again. The habit can still be controlled, whereas if you become an addict you need to be rehabilitated to get rid of gambling addiction.
The issue is that many addicts or even former addicts do not have a clear idea of what it entails to overcome their addictions, they think that as soon as they decide that is something they want to do then they will be able to leave it immediately, however overcoming any kind of addiction is a daily struggle and they only need to lose once in order to go back to their old habits, with this in mind it is way easier to prevent ourselves from becoming addicted than to overcome an addiction which has been established already, so at the first sign that things are starting to get out of control then people should stop gambling immediately.

This has a point.

Some people have too much confidence on themselves to the point they disregard those healthy and concern criticisms that the people around them are giving. They view it as meddling on their business because they want to do what they perceive they have to do. Not knowing that there are consequences and that they might have a dependency on their gambling habits because they're doing it the wrong way such as going overboard the expenses and time given to gambling. Gambling is indeed very hard to remove from your system the moment you already have it in you. You will crave for it and you will try to satisfy your urges until you can no longer not give in. Hopefully though, people will realize this sooner before falling into the pit.
733  Economy / Gambling discussion / Re: The psychology of betting..... on: June 19, 2023, 01:29:37 PM

Your view of gambling as chilled-out leisure paints an alluring picture but not without risks. Things get messy when the initial excitement of risk-taking turns into a fixation. Saying that only a few gamblers can stay in control is a big understatement. Many studies reveal that most people can't recognize when they've shifted from a good time to an addiction. Their brains link the thrill of the gamble with happiness, complicating quitting. Though gambling for fun with self-restraint seems feasible, it overlooks the potential destruction of addiction. It's essential to highlight that for many, gambling isn't a simple toss-up between enjoyment and gain. It's a psychological trap causing deep financial and emotional issues.

I guess it still depends on the person's gambling habit. If a person is disciplined enough, then there should be little to none to be worried about regarding financial and emotional matters because in the first place, you'll just bet and play with limitation and moderation. Gambling isn't entirely bad. As a matter of fact, some have gambling as their way to detoxify from their problems. It just becomes bad the moment you do it excessively and irresponsibly. Sure, gambling is exciting, thrilling, and fun, but you also have to set boundaries for yourself in order to gain good things and not the bad consequences.
734  Economy / Gambling discussion / Re: Will you find it offensive to be referred to as an addicted gambler? on: June 19, 2023, 10:56:23 AM
I guess this will depend on what approach will be given to you in telling that they are noticing you're becoming a gambling addict. If they will do it in insulting manner, derogatory, or of they will say it out of concern. Because the tendencies and reaction usually varies on how a person convey the message. If the gambler thinks you are attacking him, then probably he'll be pissed and offended by you. He'll most likely to tell you to brush off and leave him alone, not recognizing his behaviors, but instead focusing on your attitude on how you approached him.

Meanwhile, if you will tell it out of concern and in caring manner, the gambler might think about his past and current actions that perhaps lead you to such conclusion. He'll possibly thank you for pointing out what he missed to check on himself and hopefully, do better. You see, the way we interact matters too.
735  Economy / Gambling discussion / Re: The madness of gambling addicts. on: June 17, 2023, 03:48:16 PM
A Shanghai man was sentenced to prison for kidnapping his own granddaughter so he could maintain his gambling addiction with the ransom money...........................

OMG... I never thought there would be news like that, a grandfather kidnaps his grandson to ransom money to play gambling. This is crazy, I didn't expect anyone to have such thoughts.

It turns out that gambling can not only waste money, but can also destroy families. Even this incident was carried out by a grandfather with the age of 65 years?

What was the grandpa's motive, I thought he could ask his son for money, or maybe his family didn't care about that grandpa anymore because he wasted his money playing gambling. He had lost his mind. He should be enjoying old age and playing with his grandchildren, now he has to feel the cold of prison. I think this is a lesson, so that no one loses their minds when gambling. Gambling is a game of stakes, but never put everything on the line for gambling. Don't risk family relationships for the sake of gambling

This is a strong proof that if someone is madly addicted in gambling, he can do extreme and desperate measures just to satisfy his gambling addiction. Bad habits are hard to break. It takes time and strong mental stamina in order to break free from the usual routine you are used to doing. If the grandfather is excessively dependent on gambling, he'll definitely crave it to the point he'll do whatever it takes just to gamble again.

It's just so disappointing how a relative can be so selfish to put someone's life at stake for the sake of money. This is why we need to check up on the people we love to see whether they are doing just fine or they are going through some hardships such as gambling addiction which is a serious problem that needs intervention. By doing that, we could avoid things to escalate to this.
736  Economy / Gambling discussion / Re: He Committed Suicide After Losing School fees, And That Of Friend To Betting.. on: June 17, 2023, 02:34:48 PM

The shame he felt for using his friend school fee's money was so intense that he took his own life. Probably he didn't have any means to repay his friend who was already asking for the money, because he needed it to continue his course at the school, added to the fact his parents also didn't have the money to repay his friend. So it was a double shame he felt (regards his parents and regards his friend).

These things happen without the person thinking carefully about what he is going to do. If they had more time to talk and to clear things up it could have been possible to avoid this tragedy. But everything happened so fast, unfortunatelly... Now it's important that educators, health professionals and authorities take some time to enlight the younger generation on how to solve problems logically and reasonably, without taking extreme measures like that young man did on this case.

It's just so saddening that there are instances like these. It could have been prevented if there is a good communication between them. It is such a watse that a precious life is taken away because of money matters. Financial problems can be solved, but a life that is gone is forever gone. No amount of money can bring life back. Hence, it must be instilled in the minds of the younger generations to open up, communicate, take responsibility, and do the best that they can to solve their problems instead of running away from it and leaving bigger problem and heartache behind.

It's true that shame and regret can affect your mental health, so be sure to seek professional help or the guidance of those people around you if ever you'll be facing a hard time in the future with the same problem with this. But I really do hope that there will be no one reading this that will experience the same pain and burden this young man had to go through because of miscalculated gambling spending.
737  Economy / Gambling discussion / Re: Have you ever felt remorse after gambling? on: June 17, 2023, 01:46:36 PM
This is the way it should be, but most people once they begin to win some money they refuse to stop, they think that luck is finally on their side and they prefer to keep gambling thinking they will earn a lot of money and recover from all of those losing sessions they had on the past, but once their luck runs out they begin to lose again and in their desperation they decide to keep gambling, lose a great deal of their capital in the process and then they feel remorse about what they did.
After a good winning streak, you start to think that you have understood something and now it will always be like this, but losses are an integral part of the process and you can make more mistakes in this moments on emotions. After that, when you start to analyze what happened, you understand that this could have been avoided, and at such moments, of course, there is regret about what you have done.
Most gamblers make the same mistake, once they start winning a few times, they start thinking that they can manage to do that every time, without realizing that the game can always turn against them especially when there is a house edge intact all the time to make the house win in the long run. Some people even start betting with higher amounts once they get a winning streak which is the biggest mistake.

They wouldn't win as much as they will lose when they start betting with higher amounts because when they start losing, they try recovering their losses by doubling their bets and if a loss steak hits them, it clears their bankroll and waves them bye-bye after that.

I agree with this.

It's a common mistake for gamblers to not acknowledge the fact that there will be times they could lose too despite the continuous winning streak they had. Even if you are very much skilled, intelligent, and strategic, there will be times that luck won't just side on your favor. Hence, if you managed to win consecutively and happen to have an amount that is enough to get you something important, then learn to stop and control your urges. Otherwise, the luckiness might turn into madness later on. Your winnings can be instantly wiped out if ever you messed up or if ever the odds won't just be in favor with you.

You have to limit yourself and build a healthy gambling habit so that you won't regret later on. Indeed, tables can turn in the very last minute, so be wary of your actions especially if it involves large sum of money.
738  Economy / Trading Discussion / Re: Manipulation on Peek - What You think ? on: June 17, 2023, 12:37:13 PM
There are so many FUDs happening right now that cause the market to dump aside from cryptocurrency's volatility. It's always happening, every bear season, so it's not even knew to me, it's normal. Well, for newcomers, this might give them a panic attack and do panic selling, which can't be help I guess, so the best thing to do is to pause trading for a little bit if you're confused on what's going on with the news and market.
739  Economy / Trading Discussion / Re: One or more trading strategies, which one do you prefer? on: June 17, 2023, 11:19:30 AM
It's a trial and error process, to be honest.

You have to find certain indicators that will fit your trading style, and that will cost you x amount of funds in order to apply the indicators you want to find the right ones for you. Now, for me, using only one won't work, I'm using at least 3 indicators, you have to make sure your price chart is readable for you to be able to see in which price or point you're going to enter your trade.
740  Economy / Trading Discussion / Re: Direct Sending of Coins to another Coin Wallet. on: June 16, 2023, 01:27:18 PM
It is possible.

I mean, one of our local exchange did something like that in their app old version in which there's a PHP address that if you send Bitcoin to that address, your Bitcoin will be directly converted into PHP. So I think it is possible to merge two or more networks and set some conditions to make that works, it's 2023 and the technology is so amazing than before. 
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