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741  Economy / Gambling discussion / Re: Can Gambling affect your relationship? on: October 04, 2023, 06:06:59 PM
Yes, Gambling addiction has strained a lot of relationships through financial instabilities emotional turmoil, social isolation, and family problems. Gambling which was meant to be a popular kind of entertainment for many and was designed to provide a temporary escape from everyday life and also help one to be more observant mentally task your brain and it is also good for your mental brain. When it becomes an addiction it causes financial strain the strain can manifest in various ways including the loss of shared savings, debt accumulation, and financial secrecy which may lead to strained communication between partners. This communication breakdown can prevent couples, friends, and associates from working together.

Gambling should never be that big a part of your life that it starts to over spill into things like your relationship with other people. If someone else perceives you have a problem, then it's possible you've taken things too far and may be facing a state of denial. At that point, even if you don't believe it to be true, then maybe it is fair to cut out gambling for a month and see how it mentally affects you. If you're able to cut it off and not give it a second thought during that time, then you should be ok. If you find yourself drawn back into it immediately, they probably have a point. You should then start to evaluate if you want to continue on the route of gambling or whether your relationship is more valuable, because eventually they will get fed up and leave.
742  Economy / Economics / Re: You can't meet all your needs/desires at once, even if you spend all your salary on: October 04, 2023, 05:39:01 PM
First I would say "human needs are insatiable." Upon attending to some current needs, definitely others will arise. So, even if you spend all your earnings trying to solve every of your needs, that doesn't mean that other needs might not arise.

Often times it's good to remind ourselves that we are still in the real world and have to come out of the world of fantasy.

This is mostly concerned with people who have not really gained a strong grasp on wealth and finance, i.e., those who are not really financially stable. Although it concerns all, but mostly those who are less financially stable.

Bitcoin investment doesn't require a pocket full of money before you can invest, but it's something you can do with in a peaceful mind and with no minimum or maximum amount. It also doesn't put restrictions on the amount of Bitcoin people want to buy or hold, so it's better to invest than to wait until you have finished satisfying all your needs before you think of investing in Bitcoin.

I am not saying that personal needs, some challenges, and problems should not be attended to, but there are some secondary and tertiary needs that can be attended to later. Some people are earning well, but they want to settle all their needs before investing in Bitcoin or into something that will be profitable to them in the future. But even the needs they are trying to solve are unending, because the more needs they solve, the more they others evolve in a short time.

For example, even if someone has $10, 000 in their account and they decide to spend all that money on the current problem or financial needs that they are faced with at that moment, the next moment they will still have some new needs and desire evolving, which also require attention, and by then they will still need more money to tackle whatever issue it is.

So, folks, I wish to remind us to always keep to your budget, still hold on to your savings, and invest for the future. Don't always think you can use your entire savings to solve today's problem, forgetting that tomorrow's needs, desires, and problems are going to evolve.

I shared this based on some mistakes I made a few months ago when I took a lot of responsibility on my shoulder and took out a whole deal out of my savings to solve some problems, with the hope that I would start saving again to cover what I had taken out, but... more needs even arise.

You're right in many respects, like locusts - humanity will consume all available resources and expend them if given the opportunity. Greed is a powerful motivator in human nature and is endless unless it is contained by laws or governments. However there are people who do find an equilibrium where your headline statement might not apply. Some people are happy with what they've got and achieved in life, not wanting for anything extra, but they will be quite rare. The super rich are also generally in a position where all their needs are met, but they don't have a salary like regular people. The main point is, try not to go into debt and live within your means to get that extra bit of happiness out of life.
743  Economy / Gambling discussion / Re: Will you gamble till old age or not on: October 04, 2023, 05:35:40 PM
I was in the garden this evening and I was think on my bet that I placed on this evening game, then something came into my head like...are you going to gamble even when you are old, or you will quit gambling at a certain age.

There are so many of us that are responsible gamblers and we only gamble to entertain ourselves not for making profit. Since gambling is done for fun, it becomes part of us, this is because we enjoy the fun, and some persons uses it to relieve them after a long day stress at work. We always assign some portion of our income for our gambling activities because it has become a habit in us. I know that some of us hasn't thought of quitting gambling because we are responsible gamblers.

My question is this, will you continue to gamble till old age, or you have planned to stop gambling at a certain age?
I am not referring to addicted gamblers that will learn a hard lesson before the quit, but only responsible gamblers that are taking all prevention measures to addiction.

I will answer first.
I will love to quit gambling when I am 42yrs because I don't want to give gambling much time and I will prefer to look for an alternative means to have fun.

This question is like asking "will you have fun until old age or not"? Anyone who has compulsion control would not have a problem with engaging in casual gambling at any age in their life. You might do it ten times a year, once or not at all - moderation is key to most things. If you have ever had a gambling addiction then you might just decide to never touch it again and that would probably be the best strategy for you to overcome it long term. As long as you are mentally competent to assess what you're doing and keep the amounts reasonable in comparison to your income, then it is a fairly harmless activity. If I was very old then you do have to consider if you have the ability to judge the risks, but would probably not derive that much enjoyment from it either.
744  Other / Off-topic / Re: If you are becoming a billionaire in 2025,buying a large ship should not be goal on: October 04, 2023, 05:30:39 PM
If you are becoming a billionaire in 2025, buying a large ship should not be a goal

If you are becoming a billionaire in 2025, buying a large ship should not be not be a goal, it should not be your manifesto, Because money doesn't matter, but humanity matters, Money will increase with time, (While we should talk about equal resources, equal wealth for all people) maybe we are traveling towards the free world?, Because of me, many people have become whales in the last 4 years, governments have become financially strong in the last 4 years, And now they are all doing good, Regardless of all these things, what should be your manifesto? Let's look at all these things

1. People have no home and there is hunger and poverty in the world
2. People have no money and many people will remain poor in 2030, while many governments are running the manifesto of eradicating poverty from the world by 2030. (We have to completely eradicate poverty from the world by 2030, The goal of ending poverty is that everyone has everything so that no one is deprived of anything)
3. Many people are deprived of treatment facilities and good physical health


To overcome all these things you must do things that remove all these deprivations,
1. Build free homes for people who don't have houses
2. Provide free quality food to people (And do it all before 2028)
"You can launch a project with the help of cryptocurrency or do something through AI"
3. For those who are deprived of wealth, the means to provide wealth should be created (As the maximum purchasing power of a person in poor countries is 2 dollars, converting these 2 dollars into 2000 dollars per month should be our next step)
4. Many things are necessary to improve people's health and eliminate death

Can you build free robotic hospitals in every country or every city in the world?

Billionaires aren't interested in advice from people like you or me. They live in a different reality to everyone else, where they can be chaffeur driven and brought breakfast in bed by a butler, from their private chef. The one main reason that billionaires *might* not choose to buy a boat, is primarily because they cost a ridiculous amount and the upkeep costs are huge. You should be complaining to governments around the world for not properly taxing or encouraging them to spend their vast wealth, not the individuals themselves who are bound by capitalism rules. You'll also find that plenty of billionaires are very philanthropic and give vast amounts of money to charity compared to the average person.
745  Economy / Gambling discussion / Re: Gender in Gambling [differences between Women and Men in Gambling] on: October 03, 2023, 08:45:59 PM
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Stereotypically, gender is also cited as one of the reasons why people like to gamble. One of the research findings shows that women tend to prefer percentage-odds-based games and men tend to prefer skill-based games.

For example, poker, from a man's point of view is considered a skill-based gamble. While women see it as a game of calculating the odds.

In gambling, generally, women don't like it when others see them lose. Girls probably prefer slot machines because no one sees players win or lose.

Gambling with slot machines is often a personal experience free of guilt or shame. While the men are not like that.

According to research, when a man loses a gamble, there's a machismo attached to him saying, "Yeah, I lost £500, but I can afford it."


And when you win big, guys like it to be exposed right away. Because, they consider this as part of the skill.

This difference in reasons does not necessarily indicate whether men prefer to gamble than women. Women who like to gamble or men who like to gamble are both related to the courage to take risks.

For different reasons, people who like to gamble see it as fun and for reasons that are more complex than just economics.
Read more (use google translate)

Do you think the results of the research above are correct?

I know that the number of women involved in gambling is very small because in some countries, people's views of female gamblers are still very bad and they are considered dirty and unfit to be a wife. maybe the results of this research can be used by gambling business owners in developing their business.

In my experience you'll find a lot less women if you enter a casino and there seems to be a multitude of reasons for that. They generally would not enter by themselves like a man who has more common exposure to gambling venues. Lots of women already get hassled in other settings and to be surrounded by a bunch of potentially unstable males is not a winning proposition for them. They're also better at handling money, or at least a higher proportion of women are likely to be looking after children and that should be where the vast majority of their finances are going to be focused, on providing a stable environment for their family. Unfortunately fathers can sometimes get an easier angle and more freedom in that respect, if the relationship is not properly balanced.
746  Economy / Economics / Re: Ideas without action: An overview of a successful entrepreneur and a dreamer. on: October 03, 2023, 08:01:02 PM
The world is full of great ideas. Many people have brilliant ideas but only few can bring them to action. This is what really separates a successful entrepreneur from a dreamers. Some can read 100 of self-help books but all they know is the theory aspect of life because they have failed to put all or part of what they have read in action. They keep saying "I should be the first person to have started this business in this community" after seeing people making it from such business. Reasons why people may fail to put their ideas into action:

👉👉Fear of been a failure
Fear is one great factor that can easily kill dreams. Failure shouldn't be an obstacle for you to achieve your dream. Alot of billionaire today has once failed in the history of their life. Check out this my article (https://bitcointalk.org/index.php?topic=5412780.msg60900070#msg60900070) on Rejection, failure and disappointment, its impact on ones achievement... From this you will see that sometimes one needs to fail in life to grow.

👉👉Failure to embrace risk
To achieve in life, you must learn to embrace risk. Everything in life is risk. Mr Johnson has $2000 and he said to himself. The economy doesn't favour any business and I don't want to lose my money, so let me just keep it in bank . He has forgotten that the bad economy system will also hit the money in his account.

👉👉Laziness and procrastination
Laziness and procastination may work together to kill ones dream. Some aren't too lazy to work on their idea but just that they keep delaying things by proponing the development of their ideas till tomorrow. They always say"I will start it tomorrow" but their tomorrow never ends. Always remember someone may has same idea you have in mind. Being early to enter the market before the person can be an added advantage for you.

👉👉Sharing ideas with Idea Killers
Idea Killers can be anyone. It can be your close friend, family or neighbour. Telling them your ideas may easily kill your dream. They easily give you hundreds of reasons why the idea may not work and this may therefore kill the idea in you.

👉👉Fear of losing their money.
Fear of losses is a great threat to success. This can easily stop you from being able to think clearly about that your good idea. Sometimes you need to lose some money to later make it big with your idea. Never be turn down by your failure. If you lose money to a business, all you need to do is to analyze the reason and the mistakes you made for such to have happened. This should teach you a lesson and not to fall into such mistake next time.

👉👉Holding on past experiences and beliefs
Some people kill their dream through their past experience or experience they got through someone close to them. They said to themselves Mr Charles did thesame business and fail after investing alot of money. Instead of analysising the mistakes Mr Charles had made that had lead to the downfall of his business, they just easily conclude that such idea may also not work for them.

👉👉Lack of self confidence
Some people don't have confidence in themselves. They never believe they can do it alone. Self confidence is highly needed if you want your idea/business to be successful.


CONCLUSION
Alot of people today blame themselves for what they have failed to do some years ago. The idea you failed to develop year ago may be the success story of another person that turn him/her to a rich person. Life is just about risk. Risk that money in your account into your ideas without minding what people will say, put in all your possible best for the idea to become successful and become a successful entrepreneur rather than a dreamer.

I definitely agree with most of what you've written here and seen that the most successful, self made, people apply many of these points to their day to day lives. Having a hustler mentality is often at the core of most entrepreneurial and free thinking people, where they are always on the hunt for reasonable trade offs in the pursuit of profits. Life is one constant game of risk and sometimes you have to step outside your comfort zones in order to gain new experience. People who come up with successful stock market strategies that bring them money, only learned how to do that by putting their own money at risk and even making a bunch of bad trades but they used the knowledge gained to improve afterwards.
747  Economy / Gambling discussion / Re: Navigating the World of Online Gambling on: October 03, 2023, 07:44:26 PM
In this post, I want to shed light on what you should consider before funding a gambling site you come across. While many of us here use online casinos for a bit of fun or as a way to earn some extra profits,it's crucial to understand the potential risks involved.
These days, with the amount of users coming into the gambling section, they should be aware that there are lots of danger before deciding to go into gambling. You can risk your funds, losing them to these casino, because you don't understand how these games are played. Sometime ago, I came across a post where someone raised an issue on how do we know that the casino isn't set to beat us at their own games, unfortunately, you can't tell. but these casinos are governed by different bodies to protect customers right in win win and loss. we still can't tell if this is true though. some thing you can check before getting to bet in some casino.

Check the Casino's Reputation, Before you jump into any online casino, take some time to research its reputation. Find out if others have used this casino and whether they've been able to successfully withdraw their winnings. A trusted casino should have a track record of fair payouts.

Assess the Casino's History, Investigate how long the casino has been in operation and the level of trust it has built among its customers. Older, well-established casinos often have a better reputation for fairness and reliability.

Protect Your Privacy, Be extremely cautious with your personal information. Never disclose sensitive data to anyone claiming to be from the casino, as this could be a ploy to steal your funds or identity. Legitimate casinos won't ask for this information upfront.

Set Betting Limits,Avoid the temptation to bet more than you can afford to lose. Set clear limits for yourself, both in terms of time and money. Gambling should be about entertainment, not financial desperation.

Resist Addiction,Winning can be exhilarating, but it can also be addictive. If you find yourself unable to stop gambling after a few wins, it's time to take a step back. Remember that gambling should never become a primary source of income.
 online gambling can be a fun and potentially rewarding activity when approached with caution and responsibility. Think of it like playing video games, but with the added thrill of potential rewards. Be diligent, protect your privacy, and always gamble responsibly.

Honestly the best thing people can do is, if they've found this forum already, then just stick with the biggest threads in this section while avoiding 1xbit/1xbet. That will get you familiar with the best crypto related casinos that you're going to find online but also tell you the sort of quality level that you should expect in case you decide to venture out further afterwards. Another major point that should not be overlooked - take advantage of the promotions at the beginning stage, some might have terms like they are only applicable for your very first bet or even restrictive terms like you must wager a stupid amount of times in order to unlock the money, so just understand what you're doing.
748  Economy / Economics / Re: Do we truly need cbdc when bitcoin already exist? on: October 03, 2023, 07:34:29 PM
CBDC (central bank digital currency) are digital representation of a country's official currency managed and regulated by a central bank. The idea is to provide an alternative to digital cash allowing faster transactions and increasing financial accessibility.

Its centralized nature allows the government to directly issue currency to citizens at the whim of central banks

This obviously means that they can not offer the same level of autonomy or censorship resistance that bitcoin offers

The fact that its implementation can lead to potential surveillance and increase government control over finance is something to be worried about.

Considering the fact that bitcoin has earned an high level of trust, security and borderlessness from it user with an inherent monitory policy brings the big question;

Do we really need cbdc now?

One of the limiting factors for Bitcoin is the capacity of the network and even the total volume of bitcoin in existence. You could argue that Bitcoin itself suffers from a form of inflation, because every year a certain amount of coins will be lost for a whole variety of reasons, from dust left over in transactions to wallets lost by owners. This makes it hard to realistically fit all the transactions that even small countries need on to the existing blockchain at a reasonable level. Certain countries may choose to take on a CBDC project to experiment with creating a truly digital currency but need it in a more contained and sterile environment compared to the constant fluctuations you see on pre-existing crypto
749  Economy / Gambling discussion / Re: Can money be saved in gambling sites? on: October 02, 2023, 08:32:34 PM
Is good to save money for future use so we can make good use of it when ever we need to, now what if you decide to save money in your betting account will that be possible to?
We can decide not to save money in our fiat bank account or any other micro finance bank account for one reason or the other and save it in a licensed gambling sites can that idea be possible, will the money deposited there not be tempered with from the gambling platform or removed automatically from the account after keeping it for a long period of time?
I know it might be very hard to save money in a gambling site because we  might have the feelings of winning if we try to stake, it can be hard for a gambler to save money in a gambling site but it will be easy for a non gambler, I put in mind that everything start one day so even a non gambler can try at the first, I bring this discussion here so we can discuss about it to keep our selfs busy.

"Saving" money in a gambling site is a rubbish idea for so many reasons. Firstly they are not intended for this purpose and it is highly dangerous to leave money in these sites because they will always be a high priority target , especially with Bitcoin being a naturally untraceable asset if they were to somehow lose control of their wallet. Secondly, they do not offer any sort of financial protection like you'd find in a bank in many countries who will cover losses of the company in the worst case scenarios. Thirdly, interest rates are actually starting to tick upwards right now which actually makes bank account saving rates much more juicy and worthwhile if you have the luxury of accessing these facilities.
750  Economy / Economics / Re: What has really been behind china's economy on: October 02, 2023, 08:14:23 PM
Sometimes as a rational thinker,  I've tried to wrap my head around how China has been able to sustain their economy with an estimated GDP growth of 3.00 percent and per CAPITAL  GDP of 18187.98 USD, Especially owing to the fact that, they have to much people heavily dependent on her economy and population of over 1.400 billion people.

I see a lot of countries with much lesser population struggling to sustain their economy at this point,  with global inflation, the after effect of COVID-19 other multi-dimensional economic problems. Because I can remember vividly that China,  are one of the highest hit of COVID-19 but yet they are still waxing stronger economically.

The other day,  Pawal7777 was talking about recession hitting CANADA, and that's how other countries are having one difficulty here and there economically. So my point is, what economical indices is china adopting to keep their economy afloat?

It's not that difficult to work out how they made such epic growth if you understand where they started. Only a few decades ago Mao had reduced the country to economic ruin with his terrible policies and they had a huge population that was barely above subsistence levels. It only took very limited, but also progressive, steps to put them on the right track to the success that we see today. Just a couple generations ago it became the workshop of the world, which basically consisted of very low wages and very tough conditions while they earned enough financial capacity to reinvest. They paid a very high price in terms of human labor and having very lax laws allows for you to compete at a certain level against other countries. Centralized power has also been able to rein in too much corruption from happening, or at least it has to be favorable to the leadership polices at the time. It's bizarre that you think recession is a bad thing, it's normal in all capitalism based countries - including China - but the government in power there is just very restrictive about the information they release which prevents it from being identified anyway.
751  Economy / Gambling discussion / Re: Getting paid on gambling accounts on: October 02, 2023, 06:52:51 PM
I made a mistake of getting paid for signature campaign in gambling platform accounts.
When I got my payment, I thought I would slowly increase the amount by about 5-10% before I initiate a withdrawal. But I quickly lost control of my emotions and ended up blowing the entire balance of my account. This happened more than once, it happened about 5 times as I received money from different sources.
It’s important for me to tell this story so that others don’t make the same mistake I did. This has been a huge life lesson in managing money and emotional self-discipline .

You are trying to exchange guaranteed income for a high risk gamble that is mathematically engineered against you. By all means spend your hard earned money on whatever you like, but it seems a bit silly to receive this money from these companies and hand it right back to them by playing their games. It sounds like you've got a habit forming and are losing control of your spending. I'd suggest finding another hobby or place to reserve your money, but only you have the willpower to change that. People who walk this path can often only break free when they hit rock bottom, so you need to snap yourself out of it early on. You've lost money five times, you should be learning your lesson by now and just accept the money before it is completely gone, instead of chasing it.
752  Economy / Economics / Re: How do you manage your finances and family if your income is low range? on: October 02, 2023, 06:46:32 PM
There are many people around us, where their income is not enough to manage a family how do you manage your family and economy? There are many people who manage their family very well even though their income is very low in their personal life, how do you manage it?

Some people find great value from family and manage to scrape through life very happy in these situations. Sure, they would gladly like the have more money but I have encountered plenty of families who have a very strong bond in comparison to others after going through this lifestyle. There are all sorts of ways to save money in a family, like sharing clothes across the generations - especially for younger kids. Making meals go further with lots of cheaper vegetables. They really have to think creatively and always be on the hustle where they can. Taking advantage of benefits available to them should also be a top priority because in some ways large families are supporting future generations so should be encouraged or at least helped.
753  Economy / Gambling discussion / Re: Answer this Question on Credits Left on a Slot Machine by Someone Else on: October 01, 2023, 07:00:33 PM
There is a general rule in land based casinos that a gambler shouldn't take credits left on a slot machine by someone else. Basically, from what I understand, if there is still credit showing on a slot machine. Don't cash out or add to your money you put into the machine. Right? The question is if you find a cash out voucher resting on the machine itself or on the seat, can you legally use it?

Sounds like a pretty dumb and nonsense "rule" that you've made up, just like a player would be pretty dumb to walk away from a slot machine that still has credit. I personally might avoid using someone elses credit on a machine, but would not necessarily look down on someone who would do it. If a machine is clearly vacant, as in - no drinks or anything left around it, then it is fair game to play on it and you should not expect it to be reserved in any way. Most casinos would not look too kindly on any person leaving a machine unavailable for play like that anyway. I don't consider it any different than $10 that someone might find on the floor with no identifiable owner in sight, sometimes you lose that $10 and sometimes you find what others have lost.
754  Economy / Economics / Re: Our future with renewable energy. on: October 01, 2023, 06:33:32 PM
So I read a thread on the forum by Ultegra134 that talked about renewable energy and he asked;

"The big question here is, can the world be 100% dependent on renewable energy sources? How can that be achieved and are they sustainable?"

The thing is, according to several studies and experts, it is possible for the world to be 100% dependent on renewable energy sources such as solar, wind, hydro, geothermal, and biomass. However, this would require a major transition of the current energy system, which is mostly based on fossil fuels that are non-renewable and contribute to climate change.

Some of the challenges and barriers to achieving this goal are technical, economic, social, and political. For example, renewable energy sources are often variable and intermittent, meaning they depend on natural conditions that are not always predictable or stable. This requires a reliable and flexible grid system that can balance supply and demand, as well as storage technologies that can store excess energy for later use.

Another challenge is the cost of renewable energy technologies and infrastructure, which may be higher than fossil fuels in some cases. However, many studies have shown that the benefits of renewable energy outweigh the costs in the long term, as they reduce greenhouse gas emissions, air pollution, health impacts, and dependence on imported fuels. Moreover, renewable energy can create more jobs and stimulate economic growth.

A third challenge is the social and political acceptance of renewable energy, which may face resistance from some groups or individuals who have vested interests in the fossil fuel industry or who are skeptical about climate change. To overcome this barrier, public awareness and education campaigns are needed to inform people about the benefits and feasibility of renewable energy, as well as policies and incentives that support its development and deployment.

In conclusion, it is possible for the world to be 100% dependent on renewable energy, but it would require a significant transformation of the current energy system and a collective effort from all stakeholders. Some countries and regions have already achieved or are close to achieving this goal, such as Iceland, Brazil, New Zealand’s South Island, Denmark’s Samsø island, and Germany’s Mecklenburg-Vorpommern and Schleswig-Holstein regions. These examples show that 100% renewable energy is not only feasible but also desirable for a sustainable future.

The world is already moving towards renewable energy sources and having a lot of success with it, however it's an expensive business so it is the richest countries in the world who are leading the way most of the time. Just look at the UK, it has vast wind farms which have enabled it to generate it's entire eletrical grid energy needs for days at a time, purely off renewables. One thing that is key to it however is diversification and nuclear power should still be considered as a backup or baseline load option, because it is much more reliable. Improvements to battery and long term energy storage will also be essential, because at the moment it is hard to store energy so it needs to be used around the time it is generated.
755  Economy / Gambling / Re: Restricted on casino bonuses on: October 01, 2023, 06:20:08 PM
This is my first time experiencing restrictions to a casino bonuses and other benefits for a loyal casino player. I become extremely lucky to this certain casino that makes me have a 20/20 winning percentage to all my deposit that ranging from 100% to 200% of my original deposit including the bonuses.

I'm expecting this restriction to happened to me since casino will surely doesn't allowed anyone consistently winning. I view this punishment as compliment since it's very rare to defeat a casino.

Playing without any VIP and bonus benefits on a casino is pretty dull because this feature gives player extra boost to our profitability. I decided to leave the casino and register to new one that gives me bonus. I'm just curious on why casino offer a bonus that they can't handle once user keeps winning using this. They can adjust the requirements to make it more competitive instead of removing all the benefits to user just because he keeps winning. It's not player problem if he is very lucky.

Sharing this experience to be an eye opener that we can't have a consistent profit on a casino without being restricted. Just enjoy the game and don't focus much on profit. In the end, I decided to just focus on trading and rest on gambling.

I've experienced this at 5-10 different casino & sportbooks, so it's not really irregular, especially if you primarily utilize the bonus offers on their site. These gambling sites are looking for losers and people who constantly leak money into their profits, but they also actively take steps against people who only ever withdraw money. They are well within their rights to do so and it is the game we play. Don't take it personally, they have a dedicated team that reviews all accounts on a regular basis to determine whether they should still be eligible for promotions. There are so many different options out there when it comes to casinos, that you should simply take your business elsewhere and move on.
756  Economy / Economics / Re: Small Scale Business Ideas on: October 01, 2023, 06:09:17 PM
On this board I often see a lot of discussions related to investment and finance which tend to be large scale. However, to start investing we need capital. How do you find capital for investment?

Let's talk about small scale businesses that have low risks and promising profits so that we can have capital to invest and become passive income in the future.

Do you have a small business idea? or business experience? I want to hear it

People who run successful small businesses will most likely experiment via lots of different attempts in various fields, figuring out what doesn't work and seeing if anything can be tweaked into profitability. In the age of the internet it's very possible to start all sorts of online businesses with a low start up, maybe even just enough money to buy a domain name and not even that if they choose to use a free shopping platform like Etsy. Others make money through hosting news sites, writing articles and generating money through all sorts of different advertising methods. One thing you will rarely find however, is someone spilling the beans on their high profit ventures because that only dilutes them and does not benefit the business owner.
757  Economy / Gambling discussion / Re: Ban from a Casino for Nothing Other Than Winning Too Much Money on: October 01, 2023, 06:04:17 PM
Let's take a moment to think about this and tell me if I am correct. All of the people whom I have observed getting banned from gambling at casinos by the casino management, aside from misconduct and other offenses, are individuals who keep winning significant amounts of money. For instance, consider Dana White.  
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He has been prohibited from playing at some of the city’s best casinos, including the Wynn and the Palms, due to his high-stakes gambling habits.  The UFC president is an avid gambler who has won substantial sums of money while spending hours at the tables in his chosen state of Nevada. But after some of his spectacular winning streaks, large hotel and casino locations like the Wynn have previously given him trouble. https://www.insidesport.in/accused-of-bankrupting-hotel-dana-white-explains-getting-banned-racking-up/#:~:text=He%20has%20been%20prohibited%20from,his%20chosen%20state%20of%20Nevada.

The way I perceive it is that if a person who is not cheating or engaging in illegal gambling activities consistently wins, the casino is highly likely to ban that person, just as they did with Dana White.

You do not know if the are cheating or not, especially with things like blackjack where it is just suspicion that somebody is engaged in card counting for example. Card counting is not illegal, but it will give an advantage to the player in a casino when every game has been engineered towards giving the house an edge. That article specifically says at the end, he is not banned from any of the casinos, but his buy in is most likely severely limited or he will be forced to play fixed amounts in certain games so he cannot use strategies that the casinos consider abusive. Casinos love high rollers, they are just as susceptible to the engineered odds as every other player but just pay out vastly bigger amounts when they lose.
758  Economy / Economics / Re: Is academic pursues enough to get incomes? on: September 29, 2023, 06:52:50 PM
I really want know if getting more degrees can make life financially better because I come from a country where their are no job and I have seen people that the only thing they can do in life is to read books, getting more degrees attaining all these degrees yet no still go job for them with good pay. Do think people who read in a region with slim job opportunities are doing the right thing?

Most people who go for more degrees believe they can get better job at the end of the day. People that only go for more degrees in a stare with high unemployment rate are they doing right thing by putting all their focus on academic because this is the only thing they can do best.

There is a very fine line that you have to walk around the time you're going into these forms of higher education. As they can make average intelligence people into above average, but there is a certain cutoff who might struggle through uni but still not have the mental capacity or range to land good jobs afterwards. Different skills can also pay off in wildly different ways, going for a history course for example can get you a qualification and show you can hack the education process, but it doesn't necessarily have wide application in the workplace. If you're going to take on vast amounts of debt, you definitely want to train in skills that will be useful to business, or hope to get lucky competing with many people going for a small amount of jobs in niche fields.
759  Economy / Gambling / Re: Casinos not asking for KYC to register and play, but do require it to withdraw on: September 29, 2023, 06:34:25 PM
Just a warning in case it prevents someone from falling into this shitty scheme.

I was checking a crypto-casino with very easy entry just asking email and country, and allowed deposits in the main cryptos. I didn't need to deposit anything to realize that to withdraw funds they did require a complete KYC with ID, etc. I also tested registering from a banned country and even indicating it on the form, and it does not prevent you from making a deposit.

I guess I stated the obvious, but I don't see the point for gamblers in using this.
 
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I'll share the site since so much people is asking, but I guess this is usual:
https://elroyalecasinobonuses.com/ with a referal who leads you to the domain you'll be logged

In FAQ you find it clearly: https://elroyalecasinobonuses.com/faq/

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Do I have to submit any documents when depositing money?
There are no documents needed for making a deposit at El Royale Casino. However, in some rare cases, we might ask you to provide a Credit Card Validation form to ensure the safety of your transactions.

How do I request a payout?
After you have submitted all the necessary documents for proving your identity, you will be able to request a payout in the Cashier section of your account. If you are using your mobile device, you need to go to “Menu,” and then to the section “Payout”.

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El Royale is operated by Wonder Play Company N.V. having its office in Willemstad, Curacao. Company Registration number 162233.

When a user makes an aggregate lifetime total of deposits exceeding USD 2000 or requests a withdrawal of any amount at El Royale, they are obliged to undergo a full KYC procedure, wherein the user shall submit some basic details about themselves and then upload the files listed below:

A copy of Government Issued Photo ID (in some cases front and back depending on the doc)
A selfie of themselves holding the ID doc
A bank statement/Utility Bill

Yeah, pretty fair: give me 2K with no questions, but you won't be able to get a penny without fulfilling the rules. I'ts a regulatory joke. Even is a gambler trap: " I'll try to make it a big ammount so it's worth it to do the paperwork, then you loose. Unacceptable

While you could classify it as shitty behaviour, we are at a point now where everyone should expect identity verification when doing something like gambling. It is historically a notorious sector for money laundering so they get some of the strictest rules enforced against them and every player should expect to be asked for it. Besides that there are other things like very generous financial bonuses that they give away, which only work if they know the players genuine and unique, so many people try to abuse these things. There are plenty of good reasons for KYC, but you're right that they should be upfront about requiring it or at least state any limits they might impose.
760  Economy / Economics / Re: How do you deal with financial stress? on: September 28, 2023, 05:14:58 PM
The past few years after COVID-19 have been the absolute worst; everything keeps rising—petrol, daily groceries, electricity, housing—to the point where you're barely making ends meet. Just to imagine, I've been looking for an apartment for over 6 months and haven't found anything yet. Not only is there a very limited supply, but those available are either too expensive, poor, too small, or everything combined. Thus, this is creating a huge feeling of uncertainty, as time is running out and I need to get settled down. Renting outside of town in the nearby villages isn't ideal either, because petrol is way too expensive.

I'm not sure if anyone else feels the same, but this uncertainty with the increasing living costs and the ongoing rat race is causing me excessive stress. On top of that, moving out of the country doesn't seem ideal either, because most European cities are also suffering similar conditions, along with an extensive immigrant crisis (see France, Italy, Germany, and the UK). I'd be interested in remote working, but the economics field I've studied at university isn't in high demand for remote working, which often recruits IT workers and generally fields that require hands-on experience. As soon as I'm settled down, I'm considering taking up a data analysis course and finishing my master's degree in order to look for more opportunities abroad.

I don't know, but each year seems progressively worse. It wasn't that bad before COVID-19; now it's the ultimate worst I've seen, and it's about to deteriorate even further. Thankfully, this forum has been a blessing and probably the only thing giving me hope, as it has resulted in me making a decent sum of money in the process. I'm yet to start looking for a job, but salaries are relatively low, despite the increased cost of living. To make matters worse, excessive weather conditions due to climate change are happening way more often now, causing floods and wildfires and destroying everything in their path. See Libya, Greece, Italy, Spain, and many more examples.

Maybe I'm stressing out too much because I'm yet to find proper housing to establish myself again after being away for over a year in the military. I'm generally an anxious person myself, but does anyone else feel the same, and how do you deal with it? How do you stay optimistic?

The biggest benefit way to can protect yourself financially is building up a buffer if possible, which people have done for a long time in the form of savings. However in the globalized world you constantly need to be earning, learning about new sources of income, taking advantage of many different sources and diversifying your assets. It's no good holding all of your money in one asset, because when crashes come they can be devastating or they can sometimes help to build great fortune up if you have given yourself a solid cushion to fall back on to in bad times. The bad times, when everything looks darkest economically-speaking, is basically the best time to have cash available to buy cheap as everyone is trying to liquidate.
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