Nothing can beat hard cash

However, CBDCs will be a step forward from payment cards issued by banks. Right now we can't directly communicate with a central bank, only through middlemen like regular banks. You know, as the saying goes, when you talk to God it's prayer, but when God talks to you, it's schizophrenia. As it turns out, now you can send curses to the central bank, then with a CBDC the central bank will be able to send curses back to you directly

If you were reading the forum, you would know that the casino is now running the signature campaign on the forum with one of the (reportedly) top signature campaign managers hired. But seriously, do you really think it is someone trying to play a dirty trick here? Anyway, it will be clear in a few days (keep my fingers crossed)


It is right under the deposit menu (though you may have to register with the casino):



And I'm not sure what Ukraine refers to here (as I'm not from that country)

I'm not sure whether it is a good idea

In case Gamdom does actually allow 0 confirmations. In the early days of cryptocurrency gambling, PD had been accepting Bitcoin transfers and allowed gambling immediately (I used that feature when I ran out of funds in the middle of a martingale routine), without having to wait for a network confirmation. Until someone successfully pulled off a double-spend. Really, you could send your bitcoins to PD, stake them at once, and having lost your bet, send the same coins from your wallet elsewhere once again, but with a higher network fee. Then your second transaction might have been confirmed first, effectively canceling the first TX to PD

It's not gonna help

And I'm not so much interested in explaining this (because you don't need to be an Einstein to understand it on your own) but in finding out why people still believe that "institutional investors" are somehow going to make markets less volatile and, more specifically, how they "won't allow the market to move abnormally again". But seriously, what is it, blind faith, wishful thinking, perhaps something else?

And while we are at it, it is not institutional money that will be able to change things dramatically, but total, overwhelming real-life adoption of cryptocurrencies as currencies (read, means of payment), making speculative market pricing irrelevant and inconsequential (which is as unlikely)

This is not the way martingale should be used

If your losing odds are, say, 50% on a 50M rolls journey (though it is not easy to estimate such chances in the first place), then martingale will be a winning strategy, statistically speaking, as long as you don't come close to that number of bets (which was not in your case). Indeed, you personally can still bust, but if we take a bunch of martingalers, most will be winning. It's very simple math overall, and it is rather surprising that people who claim to be well versed in stats are seriously trying to challenge that point, which actually questions their so-called "expertise" (or their intentions)

Let's start with the premise that there are more planes downed on a seabed (e.g. in the Pacific region during WWII) than there are subs ever built

Planes
Submarines

You must be kidding, aren't you?


Do you know what the main problem with socialism is in this context?

That everyone will end up poor under this type of economy. And the mother of all truths is that there's no real-life socialism. Whatever regime may call itself socialistic, it is either dictatorship (North Korea) or an extreme form of state capitalism, only disguised as socialism (China)

Could you please expand more on this? You make it look like they already did something wrong and now should start to clean up their reputation. What "dilemmas" are you talking about, more specifically? If you refer to KYC requirements, I don't like them either, and, as I'm inclined to think, no one does. But that's not the reason for "clearing reputation" as there's nothing to clear (let alone reputation)

So what am I missing, exactly?

There may be a place for selection bias

If millions of people are laid off, it doesn't mean that such a narrow market as Bitcoin should necessarily crash. A very particular situation is possible when people who have money will continue investing in what they consider worthy assets (following Baron Rothschild's and Warren Buffett's wisdom), but people who don't have money anymore didn't invest in cryptocurrencies anyway even when they were better off than now. Put simply, it is impossible to tell how it is going to play out in practice as you can see a plethora of things that would seemingly defy logic and common sense


It is not Bitcoin that is pumped right now

You can't force love

And you can't force people to use Bitcoin as a currency when you can use it as a mighty vehicle for speculation. There's simply no economic incentive why anyone would use crypto for daily needs if they can use fiat instead. Indeed, if they don't have fiat, they would have no other option but spend their coins. But it is rarely the case in real life, and even when it is, you can still live off volatility waves, i.e. sell bitcoins (or whatever) dear and buy them back cheap later, living on the spread

There are more planes in the ocean than there are submarines in the sky

This is inevitable and should have been expected

Literally thousands of shitcoins have sprung up everywhere after the success of Bitcoin and a few genuine altcoins like Ether. They were mostly fake and died out eventually but they still proved one thing, that is, the value of the technology, even if that hadn't been the intention of their masters. In the same vein, the amount of scam tokens and services they offer prove the value behind DeFi. Really, would anyone give a slightest fuck about creating copycats and fakes if there were no real value behind this stuff? Highly unlikely, if you ask me

What's the whole point?

You could just write about winning a lottery, finding a treasure, becoming an heir to a proverbial Nigerian prince, or something as impossible or improbable. Does it tell us anything about how to actually earn a million? No, because there's no one-size-fits-all approach to becoming wealthy or just well off (read, better than most others)


Cause there's no formula and Bill Gates is not the richest man in the world anymore (even though he had topped the list of the wealthiest men most of the time since 2000)

We can see three stages or eras in the history of blockchain technologies. The first began when Bitcoin and its likes like Litecoin emerged that were meant only as a value transfer vehicle and, hypothetically, "a peer-to-peer electronic cash system". Okay, we can now move money, or what goes for money, around in a trustless and decentralized way

The concept of smart contracts that materialized with the creation of Ethereum was the next step or even leap forward. But smart contracts are of no great use on their own until something useful can be done with them in the external world. Now we see the expansion of decentralized services, though not necessarily financial, but using this tech under the hood

And then it would be extremely intriguing to see where it is going to take us

I kissed her lips, she closed her legs, I broke my glasses

Well, that remains to be seen

Although I agree that Dogecoin will be of no use for the gambling process as such (e.g. for things like martingale), we shouldn't discard the fact that doges are extremely cheap to transact with. BTC and ETH network fees, on the other hand, are a monumental rip-off in this regard (especially Bitcoin). So adding doges for both deposits and withdrawals still makes perfect sense (as well as EOS, for that matter)


Not far from Dogecoin and its benefits

That's a good thing that fiat-based online casinos are turning toward crypto these days

As it stands, we can now deposit BTC and ETH, two major cryptocurrencies (I've just checked). However, the crypto of choice for online gambling is hands down Dogecoin. So adding it would be the next logical step, and still more so if players can use autobet in dice (have yet to find that out). Virtually every cryptocurrency online casino today is listing doges. So why not add it too? Many players (like myself) prefer to gamble with Dogecoin

A quick question. Do local boards count?


As I got it, all your posts in the Gambling Discussion board will be counted toward the 25 post minimum as long as you make at least 4 posts in the Gambling board as well. You say essentially the same (before the quoted part), but this part may be a little confusing. Correct me if I'm wrong in my assumption

Yes, that's interesting to me too

And right now we are discussing an article delving extra deep into the details of how AMMs are working and explaining its principles, i.e. how it is possible to find a market equilibrium with liquidity pools in a decentralized way (what DeFi is about). Anyway, I will likely post a short write-up on my own a little later

I would say it is not that simple

But seriously, how much does the house edge have to do with martingale? I don't think that a lot. More specifically, running a martingale setup, you should be more afraid of the variance and not the house edge as such (at least as long as it remains small like ~1%). Put differently, it is not the house edge that will wipe you out, but variance. To better understand my point, just picture a hypothetical situation where there's no house edge at all. Would you be better off and by how much? Does it actually make a meaningful change as far as martingale is concerned?