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7221  Economy / Gambling discussion / Re: New Government Rules Mean No More Gambling Sponsorship on: February 12, 2021, 04:51:43 PM
Betting is gambling, people will gamble if they know there's a way to gamble, government just minimize the exposure so people will not be curious. This is even better compared in other countries where gambling was really ban, hence, no gambling means no sponsorship and not tax revenue for the government.
It is right. Maybe the governments need to think about deleting or make changes from what they want to do for the club owners and the shirt sponsorship with gambling firms because that can make the club owner not getting the income they want. If so, the club owner can not pay the government's tax, which will affect the government itself. That can make the club can not survive in this pandemic because they are losing their revenue from the shirt sponsorship. But I am sure there is a way to solve that problem.
7222  Economy / Gambling discussion / Re: Gamblers - How do you use your signature campaign earnings? on: February 12, 2021, 03:51:03 PM
Have not voted on the poll because i do all three.

And of course i support the platform on my signature so this campaign may last long.

So far, my earnings vs expenditures on gambling is a break-even but i never mind it because what i'm after is the experience on crypto-betting and to know more about bitcoin.

Same here, i hold most of my Cryptocurrency and spend the rest in gambling because its popular so i try every now and then. I do this to learn how it works that helps me better promote the signature campaign. I'm really into just playing so losses doesn't matter but if i win mostly i convert it to cold hard cash cause we all have something to buy on.
Both of you can win a lot of money someday, but what you need to remember is not to use too much money just to expect of winning from the gambling games. We already see many examples from people that they use too much money to gamble because they want to take the risk to win the game. But unfortunately, they can not win instead of getting losses. So no matter if you use the money from the campaign or the other source of income, you need to avoid using too big money to gamble.
7223  Economy / Gambling discussion / Re: BTC price VS gambling on: February 12, 2021, 03:10:15 PM
Switching to the other coins will be better for me to continue playing gambling. But I do not playing gambling too often because I want to hold my bitcoin and not convert it into other coins. With the bitcoin price rise so high now and almost touch $50k, that will better for me to sell bitcoin at that price, and I can enjoy my profit from trading. And if I want to gamble, I will use some money to buy altcoins and send them to the casino.

But I do not know what other members say because maybe some of them still use bitcoin, no matter if the price already increased or not. Maybe they think that if they win, they can win a lot of money to convert it into fiat.
7224  Alternate cryptocurrencies / Altcoin Discussion / Re: Crash in Trading on: February 12, 2021, 02:31:33 PM

It will grow in value even there is no news. In crypto, holders earn more than traders do in most cases. The price of Polkadot traded below 4$ and now it's above 24$. I do not think there are any traders who didn't book profit or exit from the market around 8$ more than 12$ in the dot. If you are investing in a good project it will grow we just need to avoid our greed and fear.
the problem of traders and investors is their greed. when everyone has control over their passions then harm is avoided. what happens to some of the assets that are pumping right now will indeed get some traders out of trading temporarily for selling their assets in the current bulls. control to determine the correct time to enter and exit will be very important.
I agree with your say because greed will behind them and always tells them not to sell the coin, even if the price increases. Greed will tempt us to hold for more and make more profit, and if we do not have control over ourselves, we will follow our greed, and we will lose a chance to make a profit. We should know how to control greediness so that it will not impact ourselves to take profit.

If you still follow your greed, no matter how high the price can increase, you will not have the opportunity to make a profit. So take your profit while you can buy back the coin at a low price later.
7225  Economy / Speculation / Re: Bull run: will it end in May? on: February 12, 2021, 01:04:19 PM
I think this bull will long live and whole 2021 will be the Year of cryptocurrency. Price of almost all coin including Btc,Eth,Dot,Egld and many others jumps to ATH. Doge coin also hit 0.07.
This is what I have observe almost coins are up trend which is suprising to crypto users. In doge coin a lot hype happening but with regards in bull run in my opinion it will take long this year. Many coins had rise in the market so lucky to those who are strong hands because they are gaining huge profit already.
I think the same as both of you. This bullish trend will continue to rise, and many coins will have the time to make a new ATH besides bitcoin. The coin that she mentions can have more chances to increase, especially bitcoin, and maybe bitcoin price will create another new ATH. Dogecoin can have another time to grow, but I do not think that will easy because dogecoin already made ATH yesterday, so maybe the price will increase someday.
7226  Bitcoin / Bitcoin Discussion / Re: It's not a good rise, actually it's bad on: February 12, 2021, 12:32:25 PM
I think its amateur buyers who are to blame, Elan said doge is people's coin and people started buying without even knowing that it's a meme coin. If people dont look up for a quick cash and use some logic before buying good couns, these things wont happen.
If dogecoin deserves to lift the price, people will still buy dogecoin, and they will hold it for some time. But if people want to make a big profit, they can choose bitcoin to trade and only hold dogecoin. I think people buy dogecoin because of Elon's tweet, and they think that they do not want to miss the chance to make a profit. They already waiting for a long time to make a profit, and now they see it from dogecoin, so they use their time to buy and sell dogecoin. I do not know if the rise of dogecoin is good or not because I only know that I can profit from dogecoin.
7227  Economy / Gambling discussion / Re: People die from heart attack when they hit the jackpot. on: February 12, 2021, 09:44:10 AM
I think it can happen to anyone. We can't actually predict how our body will react, whether we are young or old. In such situation body fills with enormous quantity of adrenaline and that can be leathal for the heart.
However, I think it's also about the self control and which character you are, how you behave usually in life. No matter the potential danger I would like to experience how it feels to win the jackpot. ☺️
Indeed, we are all prone to that matter it just that those people who already have heart problem are at risk and they need to manage their happiness as well as their emotion in every situation. If you will a jackpot prize it will really make your heartbeat faster than normal adrenaline will come all ever your body your heart may be at shock so we need to be prepared if we bet we need to think that we will gonna win that prize it is law of attraction too so double purpose.
I think that is not just happening in gambling because we can feel that emotion when we have something that we do not expect to make our heart beat faster than normal. Whether we are young or old, if we are in those situations, we will feel difficult to control our minds because sometimes our minds can not think clear unless feeling happiness. That is why we really need to manage our emotion to act based on the current situation.
7228  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Will Eth able to break its previous ATH within few days? on: February 12, 2021, 07:00:59 AM
Seeing how positive this market still on the second month of this year, gives high hopes to this industry on the present. The resistance alone is already something to celebrate because there were even thoughts before the previous year ended that a correction will again occur in the market prices of crypto in the first week of January, just like what happened in the past. I can say that we are still in a bullish market at this moment and prices may again be broken but it I'll be hard to say whether things will occur in a few days given that there are instances of high rate of increase as well as low rates. But I guess, Ethereum breaking another ATH is possible for this year.
From the beginning of this year, we see good movements from the crypto market, which can make bitcoin and some altcoins increase. This year, we will see a good year for the crypto market, so we can expect to back to make a profit again. If bitcoin can break $50k, it can trigger the altcoin to follow increase because many altcoins already break their ATH. Sooner or later, we will see bitcoin and altcoin price will break the new ATH. And for ethereum, we already see it is happening before while we can wait for the next ATH.
7229  Economy / Gambling discussion / Re: Another insane win!! $ 1B mega million jackpot on: February 12, 2021, 06:02:20 AM
If it's any consolation OP, we all carry the same probability of winning, be it on any type of lottery. It just so happened that this time around they got their break and was able to take advantage of it. In any case I do not see lotteries as cash cows or something you could rely on if you are financially distraught, it even does the contrary in some occasions. So every bet you take be reminded that it's much more possible for you to be struck by lightning, or for your house to be ravaged by an asteroid, than you ever winning the lottery. And that probability goes for me and for everyone too.
So it is better if we can use gambling for pleasure as we do not have a big chance to win much money. If we can do that, I am sure we can enjoy the game, we can get fun, and if we win, that will be another bonus to us because we are not chasing the win money. It will affect our emotion too because we will not think about the win money, and we can enjoy our time in gambling. After playing gambling, we can refresh our mind, and we can back to our activity with a fresh mind.
7230  Economy / Gambling discussion / Re: Dice games on: February 12, 2021, 04:43:14 AM
Possible bugs would really be there since nothing is perfect when it comes to coding specially if its a new site which is still prone to bugs or errors but
as day flies by where these errors can really be fixed up depending if someone would really report it or the team itself would able to discover it.
I dont see for it to be legal when we do talk on abusing bugs on a certain site for you to make money, thats simply non-ethical way of winning things.
Yes, that is bugs. If someone found bugs and can do something with those bugs, he will use it for his own benefits without telling others, even to the site. Until he can get many benefits from those bugs, he will share the bugs to the other, but the security teams have already solved the bugs problem. But that will be different if the casino makes competitions to their members to find the bugs on their site, so if one of the members can found it, the casino will give rewards to them.
that is if the casino offers bug bounty. most of the time the gambler who finds the bug will take advantage of it to profit and then play dumb when caught. there are many casinos offering bug bounty especially if they have just updated a lot of codes in their casinos. they fear that if someone find a bug that will just drain the money they have. fortunejack did a bug bounty in the forum some time ago.
Yes, but we are not too often to know many casinos make competition or offering bug bounty for their members to find the bugs on their site. So I think each member found the bugs coincidentally after they play many gambling sites for some time. If the casino can offer bug bounty, that will help them improve their site, and they can give reward to any people who can found it. The member will try to find the bug with their skills.
7231  Economy / Gambling discussion / Re: Dice games on: February 11, 2021, 06:57:03 PM
Possible bugs would really be there since nothing is perfect when it comes to coding specially if its a new site which is still prone to bugs or errors but
as day flies by where these errors can really be fixed up depending if someone would really report it or the team itself would able to discover it.
I dont see for it to be legal when we do talk on abusing bugs on a certain site for you to make money, thats simply non-ethical way of winning things.
Yes, that is bugs. If someone found bugs and can do something with those bugs, he will use it for his own benefits without telling others, even to the site. Until he can get many benefits from those bugs, he will share the bugs to the other, but the security teams have already solved the bugs problem. But that will be different if the casino makes competitions to their members to find the bugs on their site, so if one of the members can found it, the casino will give rewards to them.
7232  Economy / Gambling discussion / Re: Another insane win!! $ 1B mega million jackpot on: February 11, 2021, 05:27:34 PM
How lucky are these people? I mean I have tried a lot of different lottery games but still have no luck. And that’s a huge amount of tax to be cut from the winnings. Good for them though, wish my luck is the same as theirs.
That is because your luck is not coming to you in any gambling games. I think you can conclude what you need to do with the gambling games. It is difficult to search for the winning because that will depend on the luck itself. Playing gambling is for fun and enjoy the game, not about to win the games. But if you have luck, you will win some money or even you will hit the jackpot. I think you need to consider that playing gambling will be for fun and if you win, that will be a bonus for you.
7233  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Will Eth able to break its previous ATH within few days? on: February 11, 2021, 04:24:50 PM
If it can break over 1800 dollars, I am sure that it will also break over 2000 as well, it is definitely something we could hope for and I am pretty sure it will happen. I am not saying that it is a guarantee, but we are looking at something that is wildly possible here, price hasn't stopped going higher and higher for the longest time and I think we could potentially reach to a level where it is inevitable that we go beyond that 2k price easily.

We are waiting for those rich people, if whales of wall street starts buying ethereum the way they bought bitcoin, that will result with price going to 5k+ levels as well, some people may think I am crazy but price of ethereum is easier to go up right now, bitcoin moved 4x at such a huge level, why shouldn't ethereum do the same, I am not saying everything else will stay the same while only ethereum go up, but I think ethereum will go higher faster than everyone else.
Ethereum will be on that price. When ethereum price can break $1,800 and it is no other big barrier, the price will increase higher, and although the price is making a correction, the price will try to increase. Hopefully, the situations will be back to good again, and I hope that the price will break the barrier to increase so high this weekend or next week. But to reach $5k, it will need more time because that will be 5 times than the price now, so it could need more than 1 or 2 months again to increase.
7234  Economy / Gambling discussion / Re: People die from heart attack when they hit the jackpot. on: February 11, 2021, 04:04:18 PM
I think the body needs to be strengthen and be in good working condition in order to be able handle shock effectively otherwise people should be more careful with things that could shock them or others.  Lots of things could weaken the body gradually in life, more like how certain cars are built to handle certain level of shock but get weaken as they age.
Yes, it is about how we can take care of our healthy, so we do not get any disease. If we are healthy, when we win some money, we will not get a heart attack, and we can enjoy the win money without any problem. But many people forget to take care of themselves, and they are susceptible to the disease, even for the minor illness. We learn from other people, so we have something that we need to prepare.
7235  Economy / Gambling discussion / Re: WHAT happened to goosebet.io on: February 11, 2021, 02:15:51 PM
Blaming Covid for the reason the admin can not get a license will not be good because if he works with some people, he can delegate them to do what is necessary, so at least, the team can try to get a license and make their site legal. If they can not do or can not get the license, they will lose what they build, especially their members. The reason for the casino closing down is not clear, so we do not have to follow them again, and we can use the other gambling site to playing gambling.
That's why it is better not to stock money in gambling site, it may cause us transaction fees but it will keep us save in instances like this. As much as possible better to play in casinos whose already built their reputation and scared to lose it, we will know it by how the team respond in our queries and how fast they can solve some issues.
We can store our money in the gambling site, just in case to reduce the transaction fees, but we need to have control ourselves because that can make us feel that we have money to gamble anytime. If we lose control, we can use that money to play more and more without stopping, and in the end, we will lose that money. If we want to do that, we better select the casino with reputations as you said, so we do not have to worry if they will scam us.
7236  Bitcoin / Bitcoin Discussion / Re: Visa - Did you all miss this? on: February 07, 2021, 08:19:40 AM
I can't believe nobody has posted about this, Visa's head of crypto

"We see crypto assets as more like digital gold"

https://www.forbes.com/sites/billybambrough/2021/02/03/visa-reveals-bitcoin-and-crypto-banking-roadmap-amid-race-to-reach-network-of-70-million/
First Paypal, and now Visa. Soon, the other big company will follow behind and start to introduce crypto to their members. If that can happen this year, it could bring more users to the crypto world, making crypto more popular among them. If that success to reach them, it can open the opportunity to make money from crypto, and they will have the way to have the new investment from crypto. Maybe Visa sees the possibility they can get from the crypto, so they decide to integrate it with crypto.
7237  Alternate cryptocurrencies / Altcoin Discussion / Re: The pump and dump scheme on: February 07, 2021, 08:01:04 AM
People who join the crypto market will be familiar with the pump and dump scheme. Many of them use that moment to follow the price increases, but some lose their money because they are late to buy or sell. The pump and dump scheme can happen to many coins, including bitcoin, but the reason the pump or dump happens can vary, and no one will know the reason. Like what happens to dogecoin, people start to buy dogecoin when the price already increase, and they buy and sell the dogecoin or sell it at a high peak. It could happen many times in the future, as we have so many coins that can get the pump and dump moment.
7238  Economy / Speculation / Re: Since BTC doesnt open/close what time of day is the price most active volitile? on: February 07, 2021, 07:38:17 AM

Buy bitcoin when price back to 80% crash and don't sell.
Daily trading is risky and you cant use it as a job.

A good advise for anyone trying to rely on bitcoin as a job. You will have heart break. If you only focus on bitcoin waves and volatility to make money to take care of your family, what happens when your expectation for profit is going off to south?
You can just play around with bitcoin while you invest wisely by waiting for a huge drop to buy and not to always rush in so you don't feel bad.
If they want to rely on bitcoin as a job, they must have knowledge of how to make money from bitcoin. If they want to start trading bitcoin to make money, they must learn more about bitcoin trading. I am sure they can do that, especially if they can learn hard from many lessons and understand how to trade better. I think investing in bitcoin will also the right decision for some people who do not have much time to trade, as they only need to hold bitcoin after they buy. But I do not want to risk my money to trade on the volatility time because that can make me hard to analyze. After all, the price movements will be fast than usual, and it needs more skills to analyze.
7239  Economy / Gambling discussion / Re: WHAT happened to goosebet.io on: February 07, 2021, 07:09:32 AM
The admin said they could not get a license and had legal problems whats why they had to close the casino and he said he covid twice that's why he disappeared for so long, and he came back saying the casino was closing down.

Yet while he " had covid" the mod also was not to be seen in chat.
Blaming Covid for the reason the admin can not get a license will not be good because if he works with some people, he can delegate them to do what is necessary, so at least, the team can try to get a license and make their site legal. If they can not do or can not get the license, they will lose what they build, especially their members. The reason for the casino closing down is not clear, so we do not have to follow them again, and we can use the other gambling site to playing gambling.
7240  Economy / Gambling discussion / Re: People die from heart attack when they hit sthe jackpot. on: February 07, 2021, 06:39:45 AM
It's kinda rare to see a lottery where the tax is taken out before the draw occurs as most of the lottery I've seen are taxed after the winnings. There are options on most lotteries where the winner can either take all his or her winnings in one payment or be paid in a series of amount of time where the taxes are paid differently. The tax if you'd like to receive all your winnings is just one take or payment will a huge amount which is almost half or sometimes half your winnings unlike if you choose to be paid in a series amount of time where the tax is almost nothing.
Even if you think that the best choice is to not take everything in one go, but still it isn't. There are many factors that proves that and a simple google search can provide those answers. Anyway, isn't fun to receive everything and enjoy all of it.
There are countries that tax the lottery before the draw? That's kind of news for me. I've always thought that all lotteries taxed it after so that they can profit more of it. Also, isn't it the best choice just to take everything and go? And half of that as tax? Can't really believe that. I mean, the concept of a lottery of winner takes all kinda loses its meaning when lotteries just tax almost half of their winnings in one go. I'm pretty sure the house always wins, but not to that extent.
The tax will be applied after the winners' names come out, and before they get their money, the winner's money will cut off for the tax. I think it is normal for the place to ask the winner to pay the taxes, and I think other lottery games available in the store will also require the winner to pay the tax. But the tax amount will be different, and maybe someplace ask the tax of half of the win money. The winner can not get all of the money because they need to pay the tax.
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