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761  Bitcoin / Bitcoin Discussion / Re: Is bull run best time to promote Bitcoin related affiliate programs? on: November 13, 2023, 06:42:03 PM
Absolutely, it is like riding a wave. One example I guess which I want to associate in this topic is the rise of meme tokens; indeed these two are different but at least check the relevance. When SHIB and other memetokens were introduced other projects with the same concept, were also known such as with $PEPE and the likes. And up until this point, the impression that memetokens are promising still exists. And if we would be looking wayback previous bullrun, most of the projects before were succeeding even if it has no direct relationship with bitcoin alone. And since we are talking about bitcoin, the hype simply reflects to this industry in general which supports the claim in this topic.
762  Economy / Gambling discussion / Re: Sports betting strategieski on: November 13, 2023, 06:05:39 PM
So i wanted to ask from experienced gamblers here, who make live bets; how do you choose your bets and what kind of bets are you preferring (other then betting for winners).

Also are there some good tips on how to make most of from those? Because to someone less informed like myself, most of the other kind of bets seem like shots in the dark. I am assuming that there are more profitable strategies. Like what kind of other bets are worth looking into?

If you are already x3 of your bankroll then I guess everything works well with your strategy and there’s o need to adjust unless it’s not working anymore. If you are consistent with your analysis then you should not worry about losing it all since you are using a low risk low reward method which can be enhance by analysis skills.

If it’s working then just continue. Remember only to set stop loss and don’t be trigger when you encounter losses since it’s inevitable. More important is your consistency because that will give you more profit.

he is not doing a detailed analysis, mostly it's based on the odds he is taking the cue from the bookmakers. this is not a bad strategy actually but like he said every win is just a tiny amount of a win. it will be a good strategy if he stake a huge amount. to earn $50, he has to stake $1000 for the odd he example is 1.05. that is still good easy money if the bookmakers allow it too.

but with just one loss, he loses $1000. how many bets will he make to chase this loss? this is the risk that he meant. you couldn't continue the strategy if you lose twice. in sports, the underdog winning the game often happens.  Cheesy



Point here is that there’s no easy way to dominate any gambling related activity, no matter how much we would want to. Betting in line with odds would give you a higher chance of winning but will never guarantee it. Your analogy is correct, you could win continuously but with small profit in low odd bets but a single loss could be so fatal on your capital. While with betting against odds, betting a small amount could generate huge profit however it won’t happen easily. Therefore, it would be much better to just minimize the risk of losing that much; bet with moderation and at least enjoy the game given that it is sportsbetting we are talking about. We just have to accept that luck will always be needed in any gambling activity. Would be best to lose a few than to lose that much chasing a huge single win.
763  Economy / Gambling discussion / Re: Your parent disinherit you eventhough you have not proven to be chronic gambler on: November 13, 2023, 05:21:54 PM
I think they can disinherit you of such privilege if they really perceive you as someone who is not deserving of their wealth only as long as they are alive. Since we would all get to that ‘point’, it will still be passed to your authority when that ‘day’ comes. If I were the boy in that situation, I would accept their judgement and prove them wrong. I could also not be dependent of their wealth and generate money for myself to show that I could be responsible of the money if ever they would be inheriting it someday. We cannot bring our money to our grave therefore once our loved ones pass away, it’ll be ours, however let us not give them an impression that it’ll be just in vain.
764  Economy / Gambling discussion / Re: A gambler's family action. on: November 13, 2023, 10:17:18 AM
Based on the cited scenario, i only disagree with posting the picture of the young one. They should have just talked to the management privately ‘coz for sure casinos would be scanning each and every player who would enter the facility. That would be enough to notify them of what is happening. Some people say that the boy could move to other cities just to be able to gamble which has a point but how would he be able to do so if he would be lacking money to travel? That’s the point; the family could have just monitor the child or hire someone to accompany him most of the time or simply bring the child to experts to know what’s best to be done if they cannot restrict the young individual by themselves. I do get that the family might be frustrated of the situation but they should still consider the welfare of the child who is in need of them than to unconsciously shame him.
765  Alternate cryptocurrencies / Altcoin Discussion / Re: Why Bitcoin's Price Surges and Drops Unexpectedly on: November 12, 2023, 10:25:23 PM
There are certain news created  and we don't know about its reality and reason that why people are originating such news but these news alter the whole situation of market. Other thing is that people often move their desire according to the news so if they are positive then demand for bitcoin increases and when they are against people desires then they change to buy during that period. Information about coming halving is a thing which move the whole crypto market to react in a positive direction so people are willing to buy more and more therefore price act as a linear way of success. These are the reason that decrease and increase the cost of bitcoin and indirectly the cost of other coins.

People are vigilant with the crypto news, they know how volatile the price is even with news from a tiny country adopting crypto.

The bad news always brings the price down. This thread was created when the price was still 30K and then dropped to $28k as OP complained. They seemed manipulated because they knew iBTC was listed and then it was claimed to be fake and then later on they were saying iBTC was already listed long ago.
This news and confirmation detail confused traders to sell their BTC. They know it's going to happen and making traders confused about what is going on makes uncertainty in the market.
News reflects to demand as one of the factors. Manipulation by huge investors would also create a sudden change with the market price of not only bitcoin but also other cryptocurrencies. Dates or Seasons also affects and sometimes triggers a shift with demand as we’ve seen over years. This is simply how powerful demand is; there are many things that can affect a demand of something. It happened that all cryptocurrencies market price are determined by demand which makes it not surprising to see a sudden dump on its value but also with pumps on it. This is why DCAs and other type of analyses are just serving as guide and never guarantees the next price action. If the market is too predictable then many people should be rich by now especially ones from this industry wherein almost everything is connected with one another.
766  Economy / Economics / Re: Being rich = not looking at price tag on: November 12, 2023, 09:52:21 PM
We all have our own definition of being “rich”, and any of it would be valid. Some would say not looking to the price means wealth while some would say those who can afford anything considering the price would be defining how rich they are. Eitherway, as long as you can buy things without being financially problematic, means that you are doing well already. Being rich means buying something more than what you actually need perhaps a car; you could just buy a simple car which you can drive to get to another place but if you’re rich you may purchase luxurious or ones with a concept or style. Being aware of the value won’t increase or decrease your financial capacity; it’ll just show that you want to be conscious of the things you are spending your money with.
767  Bitcoin / Bitcoin Discussion / Re: Holding for long might not be the best option. on: November 12, 2023, 09:23:43 PM
Depends on what type of an investor you are. If you are fine holding your assets for a decade then you shouldn’t mind price corrections ‘coz in the long run its price is increasing. However you’d be able to maximize the profit by selling during peak price and buying during ‘dips’. It is just that no one could exactly tell the perfect time to make an action which makes sense to say that it depends on the investors appetite. Imagine selling at $69k then its price continued to break price ceilings and never got back to lower market price, would you be expecting such? Of course not. If we would also base to those who bought on its early stage, profit is evident still, which is a good example on what to do with your holdings.
768  Economy / Gambling discussion / Re: Should Casinos Sponsor Sites That Deals With Gambling Addiction on: November 12, 2023, 08:49:33 PM
I'm just curious and would like to get the consensus of the community, should casinos sponsor sites that deal with gambling addiction and cure, we can't deny that the gambling addiction percentage is very high in this generation

It is casinos' way to repay those who put in a lot of money and get addicted or they shouldn't care because it's the gamblers' initiative to play.
just as everybody has said, helping those addicted to gambling should be a voluntary action and not an obligation vested on any casinos, reason been that by virtue that casino provided a conducive atmosphere for gambling, that doesn't mean they are to be blamed when people goes astray/gets addicted due to lack of self control, allowing themselves to be carried away by greed, because one thing I have noticed to be a major cause of addiction, is lack of self control, which means that if only people can be self conscious at all times, the rate at which people get addicted to gambling will drastically deduce.
Indeed that would depend with casino’s initiative whether to help those projects or not. It won’t be one sided ‘coz if they would help gambling addicts to recover they’d have a good image in this industry that they are concerned with their players. Also, recovered individuals from gambling addiction aren’t all quitting gambling for good but some are having moderation of the gambling activity. This idea might be due to the impression that gambling sites would be taking advantage of players to be addicted in such activity but in reality that depends on what type of gambling site owners they are. There would always be ones who are not having such mindset.
769  Economy / Gambling discussion / Re: Do you use bitcoin when gambling? on: November 12, 2023, 08:25:34 PM
I'm a hodler so I kept all the sats that I could get hold of, especially now that we are entering the Bullrun, I prefer stable coins and Tron when playing because the fee is very cheap and fast to confirm when it comes to using cryptocurrency on casinos small investors are likely to use altcoins because they are hodlers compare to big investors and gamblers who can take the risk of using Bitcoin when playing in casinos.
I might use Bitcoin when the market stabilizes but if the bull run is coming altcoin is my preference.

I'm a hodler too and I have a completely different approach. Since I'm a bitcoin maxi, I don't own any other shitcoins, so I'd have to buy that Tron you've mentioned to be able to gamble it.
I own bitcoin, I use bitcoin and I gamble with bitcoin to get more of it. Crypto casinos don't accept fiat and I'm not going to send fiat to a bitcoin exchange just so I can buy a stable shitcoin.
Using bitcoin to support businesses that accept it is never a bad idea if you're a bitcoiner.
Has a point especially with supporting crypto businesses. But to those who are not, they are more likely minding the price volatility of Bitcoin as we all know. Losing in gambling plus a sudden decline with its market price means loss in two ways. If they won’t be needing to pull out their holdings then that would be fine but what if they are needing to do so? Hence, it is still reasonable for those who are not using main token holdings in gambling activities.
I use all of the methods listed in the pool for gambling. It doesn't matter to me, bitcoin, fiat, other altcoins. It totally depends on what is happening at the present time. Currently, gambling with bitcoin with the rate of fees is left to for who do not mind and can afford it. I imagine going through the pains of funding your casino wallet despite the high fees and losing all of the money. There is no consolation that at least you got something back from winning. It is winning on both ends because miners are winning with the high fees and casino operators are winning when you lose. For me, in times like this I stay away from using bitcoin. USDT or Ethis the best choice for me.


Stable coins indeed would be a better choice especially for your peace of mind. There will be moments of regrets in every pump or dump with the market prices of the tokens we usually hold. At least with stable coins, you’d be at ease that the amount you’ve lost would stay as is, without any regrets.
770  Economy / Gambling discussion / Re: Can a gambler be a good bitcoin trader? on: November 11, 2023, 09:05:22 PM
Yes, and what would link those two is risk tolerance. Gamblers are also investors in the first place; they know how risk works and they tend to gauge tendencies of winning over losing. With trading, analysis would work more often than with gambling which involves more of one’s luck. Anyone could be a gambler but not all gambler would be good with trading or investment; either it is too fast or that profit in gambling is harder to earn and get unlike with trading wherein one could adjust the margin of his bet. Problem only is the difference with the risk present on each category. Actually not only a good bitcoin trader but also investor of other fields than to just rely solely with your luck.
771  Economy / Gambling / Re: QuitGamble.com - Free Help for Problem Gamblers on: November 11, 2023, 08:13:04 PM
Quote
The website is available in English, Spanish, Swedish, and soon French and Portuguese.

It would be great for you to add another language which is Filipino as there are more gamblers here in the Philippines who are struggling to control their addiction.

As I have checked your website, it looks neat and decent to me at least. I choose not to register though as I do not want to input my real details into it.

When it comes to your app in the Google Play Store, despite having 1,000 downloads there is no honest and genuine feedback from those who are actually downloading and installing it compare to the Apple App Store, you did have a couple of 5-star reviews.

In this area alone, you really need to push for organic honest (and not paid) reviews in the Google Play Store. Just my own honest opinion.

In my view, I think the site look and feel can be improvised further. The design looks a little dull.
The content is good though as there are many videos and membership forum.
Coming to the language, I agree with you that few more languages can be added.
OP can either create a poll on this post itself or create new one or may be fetch data as to where the number of gambling addicts are higher.
I agree with knowing the data of which game has more gamblers. It could be a lead to have a more efficient strategy to help gamblers avoid addiction. With the site’s UI and appearance, it is indeed needing some enhancements to make reading more comfortable. Some would say the content would matter more than the appearance but technically speaking, the interior of a platform plays a huge role. It would make a platform easier to understand and would be more encouraging and interesting to check out. If it is just ways to cope up with addiction of an unwanted behavior, there are other ebooks and articles to help you but things would be better asking those who experienced such state of mind, to learn from their mistakes. All in all, this is indeed a good project.
772  Economy / Gambling discussion / Re: Luck and skill, which is more important gambling success? on: November 11, 2023, 07:17:27 PM
Luck of course. Skills with analyzing the game would also help but if it is determining which one is more important then that’s luck which is something we cannot develop no matter how hard we try. You are free to create your own analysis but if you are not lucky today, you’d still lose. Especially with games such as slots, dice, and even card games; luck will be always needed. With sportsbetting, an analysis would work but given that everything could still happen during the match, then nothing’s assured still. Luck won’t be always taking its place on a daily basis so if there’s one thing every gambler would desire of, then that’s absolutely luck.
773  Economy / Gambling discussion / Re: Sad reality: some countries gamble more than they can afford on: November 11, 2023, 06:47:13 PM
No longer the country but the gamblers themselves. There are just people who are too hopeful of the profit in gambling activities. This kind of mindset- a quick and easy way to get rich, won’t do you any good. Some people are becoming unrealistic; there are a few who made fortune out of this industry but for sure there are more people who became broke from trying to hit the jackpot. Also with people who gets to the point of borrowing money just to try their luck, which will never be advisable. Regret is an evidence that a gambler have used an amount he cannot afford losing.
774  Economy / Gambling discussion / Re: Do Owners of betting companies bet? on: November 11, 2023, 06:06:48 PM
The people who own casinos and sports betting sites can bet on their own sites if they want.  I mean, they own the place so they make the rules! It's different for the workers there though and  a lot of times the bosses don't want employees betting on the site because it can be a conflict of interest or whatever.  But it really depends on the policies they got.  Some places ban staff from betting at all to avoid any shady stuff.  Other owners don't really care and let employees do their thing.  Id probably not let employees bet on my own site though.  That's just asking for trouble in my opinion.  But then again I don't own a casino or sportsbook so who knows what I'd do if I was the big boss making mad cash on betting.  Cheesy
If it is on their own gambling site then what for? Some sort of money loop? It is their money which they would be getting from the prize pool. But if it is with other platforms, then probably most of them don’t bet ‘coz they simply know how things are working perhaps that the house will always win. Some might be doing so but for entertainment purposes or to learn new things from other platforms which they could use on their own as means of improvement. The only chance that they are is if they really enjoy betting personally. Quite of a cliché plot wherein business owners are starting a business from an activity or thing which they love.
775  Economy / Economics / Re: "I saw my salary on a bottle of perfume today" on: November 10, 2023, 08:06:04 PM

To me, I will choose the second one. If I am happy with what I have and I am certain that it will continue to help me in the future too, then I have successfully achieved financial freedom. But most people these days are caught up with the thought of using luxurious thing and being able to continuously use it is financial freedom to them.

Do you agree or disagree to this? Let me know your thoughts.

Disagree in case that people buying luxury items is real rich that can afford that kind of luxury items. They have the right to spend their money on their own way because that what really financial freedom. That’s how some people makes themselves happy using their money and we don’t have any say to that because we have different preferences in life.

If you are buying luxury item because you want it and you can financially then I don’t see any problem on it. I believe the only problem here is how other people being envy and not the person buying luxury item with their own money.
As long as their salary or wealth can afford things then let them be. Seeing your salary to something’s price shouldn’t be a bad thing but it is okay to feel insecure. What would matter is your next action; will you just belittle yourself of work harder in order to be or to have ‘more’ than what you have at this point. We always have choices. Never dictate someone on how should they spend their money. They basically can buy luxurious things simply because they have the money to do so; they worked hard for it. We just got used with our own setting; buying a perfume below hundred bucks but it will never be the standard. We all have circumstances and differences with financial capacity. Either you accept and just live through it or create better changes for yourself.
776  Bitcoin / Bitcoin Discussion / Re: How do you cope with those around you not believing in you for choosing Bitcoin? on: November 10, 2023, 06:28:46 PM
Let them be.
Some would be frustrated trying to win their relatives’ favor of this investment but on my end I’d choose not to encourage others to also do so. One reason is the risk; I know how fast changes take place with market behavior and I don’t want to drag other people to something which has risk. If ever they’d have the initiative to invest then I would be willing to guide them. I am avoiding conflicts; non crypto investors would normally be impressed of the profit potential but not the risk. And if ever things would be problematic I would be for sure the one to blame if ever I would choose to encourage them to invest in this industry.
777  Economy / Gambling discussion / Re: Advice for new comers on: November 09, 2023, 08:15:46 PM
If you're new to gambling, make sure that you have a job you're doing, because if you truly want to become a gambler then you will have to get money for your gambling each time you're about to make a bet, but when you don't have a financial means, there won't be a source of money to use in funding your wallet for gambling, also, don't steal to gamble by all means, don't use other people's money to gamble as well.
Or simply not to rely with profit from gambling. As we all know ‘gambling’ won’t and will never give you a consistent profit ‘coz it will depend on your fate and for sure no one’s lucky on a regular basis. The impression and our intention on entering this industry, matters a lot. If you are here with the idea of getting rich in an instant, you better stay away of it. Indeed there are people who made fortune from betting but the ratio of those who are losing almost everything, is way bigger than the few ones who managed to hit the jackpot. Same warning to those who plans to borrow money as their capital in gambling activities; simply don’t.
778  Economy / Gambling discussion / Re: Out of curiosity, how much you wagered recently? on: November 09, 2023, 07:37:54 PM
I think we have a winner here:

Tyler “Trainwreckstv” a prominent Twitch streamer, has allegedly embarked on an extraordinary gambling journey, with a jaw-dropping $14 billion in bets placed on the online crypto gambling platform

I saw people wagering a lot of money, but this guy took it to some higher levels... How can we compete in some wagering wars and competitions against players who wager so much? Do we even have a chance? Smiley

You are not gambling for competitive betting, you gamble to entertain yourself. Gamble as much as you can afford. We don't have a chance to compete with so much money and that's a wrong mindset in my opinion. Maybe he has a lot of money that's why he gambles like that and he seems to enjoy what he's doing even though others feel sorry for what he's doing because it's a lot of money for them. If you enjoy what you do, that's what matters.
Who’s gambling for entertainment alone? If it is entertainment then for sure there are other ways to do so. Let us be honest to ourselves; we are here to make profit but the thing that we should do is to be entertained and lessen the risk of losing as much as possible. With the amount to wager, it depends basically on your bankroll as a gambler. You could bet thousands or millions; just be sure that your financial capacity would be able to handle the consequences from doing so. With the cited instance, that is a huge amount for us but in his case, we heard stories of such perhaps with Drake’s. For us it might sound foolish to do but as I’ve said, as long as your financial capacity would allow you to bet that high, then that would be totally fine.
779  Economy / Gambling / Re: Guide for newcomers Start a fun and profitable gambling entertainment journey o on: November 08, 2023, 07:38:31 PM
You've got enough welcomes through the forum by just posting your announcement thread with your casino. So, aside from stopping working for new threads with your casino.

It's also best if you get to engage with the people posting on your thread and have some conversations by simply replying to some that are related to your website or anything that's been said to you.

Not that just you'll post the ANN and you're gone or without any reply to the words praising or criticizing your casino.
Indeed. Criticisms should also be answered for clarification. One reason is that OP is simply introducing a platform and the act of ignorance with such questions could create a negative impression. Vision is already there which is to help people enjoy without considering that much of risk ( would be always present). Assurance of a profitable gambling routine will never be constant. If players wouldn’t be comfortable and confident of this platform, and if interests wouldn't be satisfied with this way of introduction then a formal thread as others also suggest would be bets.Also, this is not something any newbies wouldn’t be aware of.
780  Economy / Gambling discussion / Re: What’s your strategy on high volatility slot game? on: November 08, 2023, 07:16:11 PM
I'm not interested enough to play gambling slot, so I don't have any special tricks or strategies to win this type of gambling. However, I know and understand that most of the revenue of a casino is from slot games and slot games have contributed almost seventy percent more than the total revenue of a casino.
And from here we can imagine that how many people have lost in this type of gambling game, while those who get lucky and win a sum of money in this type of gambling are only a handful of people. Because the more people who lose in gambling, the greater the profit a casino will get.
So I consider that there is no point in making or learning a special strategy to be able to win gambling that only depends on luck, luck for a small number of people who participate in the game.
I was like that till few years back. No interest on this game but eventually I tried and start liking it. And like the OP I got curious if there are tricks on it despite knowing that it's a game of chance or luck. I found some in Youtube and also here in the forum, but I think there is no 100% proof that they work. I applied some of them and the results are still the same. Sometimes I win but most of the time lose.

You are right about revenue if the casino has a slot game. That is because slots has the highest house edge. But it's only normal that more people lost in gambling than the winners because the game is set to favor in the owner. This is why it's not advisable to treat gambling as a source of income.

This kind of gambling will not be too dangerous and will not have a serious impact, if the reason for playing this type of gambling is just for fun, because it considers that this type of gambling has quite interesting features and also provides a challenging sensation when playing it, so that it can provide pleasure to the players.

But this will be dangerous if what is the essence and purpose of playing is to get more profit or think that this is a source of income. because this is too risky and will be the opposite, where this gambling activity becomes the most detrimental activity.

All games are meant for entertainment but games no matter how entertaining it is, as long as it involves money, it would be having risks. As we all know, a huge bankroll will be needed in slots in order to come up with a win but will not certain getting back all of which you have lost. I’d say it could still be dangerous especially if the gambler has no full control of his emotions whenever he is gambling. With high volatility, you are simply pushing your luck til you get a winning combination. You’d only be able to say that a gambling game is fun if you are lucky enough to continuously win or at least win more than what you lose.
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