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81  Economy / Gambling discussion / Re: Gambling is not a steady income haven on: August 05, 2023, 09:18:51 PM
Gambling places are not for steady income, if you want steady income with gambling, online or offline, you have to be a owner, build your own casino and watch yourself growing up into a filthy rich billionaire.
Nobody can keep hoping on gambling and I believe that making a steady income should come directly for business not gambling, a gambling is a risk something that I know very well that it will never bring a steady income, those people who play gambling like is what they feed on, they are just mistaken because gambling never being straightforward and whosoever playing gambling out there should do not have the intension of having or seeing gambling as source of income. Because doing that have deceived many people and also leads them into poverty, its good to see gambling  as means of catching fun and also way of trying a luck, come to think of it, you will see that gambling is something everyone seems like opportunity but from my understanding it never be an opportunity

^ Definitely right, a steady income should indeed come from legitimate and reliable sources, such as running a business, investing wisely, or pursuing a stable job or career. Gambling can be an enjoyable form of entertainment or a way to test one's luck, but considering it as a means of consistent income is a misconception that has led many people into financial difficulties.
Many of us here get caught up in the allure of the potential big wins, but it is crucial to consider that gambling should always be treated as a form of recreation and not as a financial strategy. Counting on luck to provide a steady income is unrealistic and often leads to disappointment.
82  Economy / Gambling discussion / Re: Importance of Gambling to the society on: August 05, 2023, 09:09:54 PM
~snip~
What is the benefits of gambling to your society?
^ Some argue that the design of certain gambling activities, such as electronic gaming machines or online betting platforms, can be more addictive and risky than traditional forms of gambling. This can lead to financial hardships, relationship problems, and mental health issues for those affected. I think relying only on the national lottery for funding sports can create uncertainties in the financing, as lottery revenues can fluctuate and may not always be consistent, in fact, these legal gambling can help online casinos will survibe.
83  Economy / Trading Discussion / Re: ~If you must trade~ on: August 05, 2023, 08:56:13 PM
Emotions are not your enemies, emotions are what makes to different from others, be free with emotions I use to endorse the view to control emotions while playing in the market, it doesn't mean you need to be emotionless and you even can't you just need to train yourself to respond accordingly. A bot trades against emotion when you are trading you cant take trades without emotion because it's your nature. All you need to do is be smart with emotions as great traders follow the tip "Be fearful when everyone's greedy and be greedy when everyone fearful". This is a line millions in market just follow it in free and keep smiling  Wink Wink
^Definitely right and I agree.
It is a part of being human, and it can be a driving force behind our actions and decisions, including in trading. Emotions can provide valuable insights and intuition that automated bots may not possess. As you rightly mentioned, it is not about eliminating emotions entirely but rather learning to manage and channel them effectively while trading.
It is all about finding the right balance between being driven by emotions and making good decisions in trading.
84  Economy / Trading Discussion / Re: Is copy trading a viable option for newcomers? on: August 05, 2023, 08:46:55 PM
For some it could be but on my part, I always believe it’s better to trust your own experience in trading than to rely in copy trading which I think is not worth doing in the long run. Even if we say those trades are done by professional traders, that will never guarantee that whatever work for them will create the same impact on us. We all have different attacks in trading. That is why it’s still a great option to rely on your own self and trade the best way that you can, by not taking part in copy trading simply because it’s not for everyone. Our success will only be achieved only by our own hardwork and efforts in trading.
^ I think trusting your own experience and skills in trading is very important for long-term success. While copy trading may seem appealing and can be a useful learning tool for some but it is not suitable for everyone. As you have said, each trader has their own unique way of doing trading, risk level, and trading style, which may be a good sign with those of the professional traders being copied.
Relying on copy trading can create a false sense of security, as success in trading depends on various factors, including market conditions and individual decision-making. Simply following the trades of others without understanding the underlying strategies and market dynamics may lead to unfavorable outcomes.
85  Bitcoin / Bitcoin Discussion / Re: If one like decentralization they will surely want Bitcoin? on: August 05, 2023, 08:26:11 PM
~snip~
I do not really see the problem, I mean they asked what you were doing out of politeness or just because they were curious about what you were doing, but they had no intention of following your footsteps, and with this in mind I think it makes sense that most people do not show any interest on adopting bitcoin once they found out the source of your funds, if I was you I would not even mention bitcoin or the real source of my income as I find such a question to be very rude as that has nothing to do with other people.
^ In such situations, you have every right to maintain your privacy and not disclose sensitive information about your income sources, including BTC trading or any other personal ventures. You can gracefully steer the conversation away from discussing your financial activities if you feel uncomfortable sharing that information because I think conversations about financial matters can be sensitive and should be handled with discretion. If you wish to avoid unnecessary discussions or potential misunderstandings, you can focus on other interests or topics that are more comfortable for both parties involved because, for me, there should be healthy conversations that are built on mutual respect and understanding.
86  Economy / Gambling discussion / Re: Anonymity is no longer a benefit of gambling with cryptocurrency. on: August 05, 2023, 05:48:03 PM
~snip~
The real decentralized nature of crypto gambling is totally gone into dust..
^Not yet, because still there are gambling casinos that I saw here offering without KYC verification.
Originally intended to be decentralized and anonymous, you definitely right, crypto gambling offered a promising alternative to traditional gambling platforms but now, many casinos have chosen to implement KYC verification procedures to comply with regulatory requirements and enhance security measures which I don't think it is necessary in fact, blockchain network has this public ledger that everyone could see and verify.
As a result, the original vision of crypto gambling being truly decentralized and anonymous seems to have faded away. Instead, it has transformed into a more centralized system, where casinos hold significant knowledge about their users.
87  Bitcoin / Bitcoin Discussion / Re: is it possible to invest in bitcoin to build a country whose economy is down? on: August 04, 2023, 10:13:42 PM
Why not? Bitcoin investment is individual’s freedom so if there is passion and enough resources to invest, then go for it. But never expect that it will bring you immediate profits that you will use for the country’s economy recovery. However, if you continue to hold your bitcoin with indefinite time, maybe in the future you will reap a good harvest on it, and you can do everything you want for your profits. You can chose to reinvest again so you can help your country to progress, or diversify your investment into physical investments like gold or landed properties so that you can also contribute to the progress of your country’s economy.
^ It depends because the success of BTCs adoption will largely depend on how well it is managed and regulated within the country. Proper education, awareness, and responsible handling of cryptocurrencies will be crucial to ensuring their potential benefits are realized.
As time goes by and more countries experiment with incorporating digital currencies into their economies, we will have a better understanding of the effects on various economic aspects, including financial inclusion, investment opportunities, cross-border transactions, and government revenues. However, we should put into consideration that every country's economic situation is unique, and what works for one may not work for another, luckily El Salvador has successfully adopt BTC while other did not.
88  Economy / Trading Discussion / Re: Trading tips that helpfull for beginners on: August 04, 2023, 10:02:34 PM
So many ways that would help newbies to become good trader as all the necessary learning that they needed are already available online or offline, what they need is to read and understand it.

The only thing that I would like to say is that they don't have to put in mind that trading is easy nor underestimate it but rather take this seriously. Because the more they will think that it was difficult, the more they think about doing it hard as well which led to them becoming careful of their actions. Because many traders had failed as they expect it was too easy, that is how influencers spread wrong information.
^Definitely right, there are indeed numerous resources available online and offline that can help newbies become proficient traders and in fact, the key lies not only in accessing this knowledge but also in dedicating time and effort to understand and absorb it thoroughly.
But you must be careful of those who are on social media because influencers and traders who spread misleading information about trading being a "get-rich-quick" scheme contribute to false expectations and disappointments.
We should not go to trading if we lack the knowledge to avoid suffering massive losses.
89  Economy / Gambling discussion / Re: Why is Gamble gaining more fans than Bitcoin? on: August 04, 2023, 09:55:32 PM
~snipp~
Yes and some people more prefer to play using traditional casinos because they are comfortable it, also if you will notice most of the traditional gamblers are at the range of old people so it means it is kinda hard for them to get used to gambling in crypto and they are at risk unless they are so techy and they have someone to teach them some things that can help them to understand things.
  Traditional casinos are more easier with a good reputation especially when it had been in service for a very long time. Those that prefer traditional casinos to  online crypto casinos take that decision because they had been getting results from what they do for many years now. They don't want to fall Victim to the risk of putting fund on online casino and there accounts get locked for one reason or the other. There are also bad casinos too that had made people looking for online casinos to fall in the wrong hands losing there entire deposit and funds.
^ Many people who prefer traditional casinos over online crypto casinos make this choice because they have experienced positive outcomes over the years. One major concern for those opting for traditional casinos is the potential risk associated with online platforms. They fear the possibility of their funds being locked or accounts getting compromised due to various reasons. Such incidents can lead to frustrating experiences and financial losses, which deter them from venturing into online crypto casinos and the presence of bad online casinos adds to the skepticism. These rogue casinos have caused some individuals to fall victim to scams, resulting in the loss of their entire deposits and funds. This negative aspect of online casinos contributes to the preference for traditional establishments, where there is a physical presence and more familiarity in terms of operations. But now, it is different since we have all aware the how to avoid those negative outcomes using online casinos and we are lucky to be here in the forum which always updated.
90  Economy / Gambling discussion / Re: A person who won 600k$ in lottery on: August 04, 2023, 09:30:23 PM
What would you do if one day you won the lottery? What are you planning to buy and who do you want to include in your success? There is a seller in the market who if you ask him, he will never be stingy with the money he will win. This is the reason why the luck with which he achieved success withered like a vegetable and disappeared like a bubble. This person is known as a helpful and caring person as he sells vegetables. And when he was making a profit from his sold vegetables, he never lost his mind to bet on the lottery every day for 10 years.
~snip~
^ If I were to win the lottery one day and for that amount of $600k, it would certainly be an exhilarating experience!
While I would want to be responsible with the money and invest wisely, there are definitely a few things I would love to do and share with others.
First and foremost, I would set aside a portion of the winnings for long-term financial security, such as investments and savings. Then, I would use some of the money to fulfill some of my dreams and passions. Probably I would travel to different countries, explore new cultures, and make unforgettable memories. Next, I would want to give back to my community and support charitable causes that are close to my heart. Helping others and making a positive impact is something that brings me joy, and having the means to do so would be incredibly rewarding.
91  Economy / Gambling discussion / Re: How do you stay updated on: August 04, 2023, 09:11:59 PM
~snip~
Lately, I have been very aware of social networks, especially Instagram, I have received many notifications and suggestions to follow people who bet a lot and who have groups, I have also seen casino plaagormas that look very nice and good , but I don't trust them because these platforms can be an easy fake and what they do is scam, so I like it because there are many Campaigns to learn to play roulette, dice, and all of that is good, but with respect to the new Platforms that I don't have much idea where they are from, I don't trust, that care must be taken in social networks , not get carried Away by Casino sites that Look very Fabulous.
^That is quite familiar to me and we are almost the same.
Here is my own experience, when I have become increasingly conscious of the impact of social networks, particularly Instagram. I have noticed that I receive numerous notifications and suggestions to follow people who are involved in heavy gambling and belong to various betting groups. Additionally, I have come across some attractive-looking casino platforms, but I am hesitant to trust them due to concerns about potential scams and fakes. While I appreciate the availability of learning campaigns for games like roulette and dice, I am cautious about unfamiliar platforms that I don't know much about. Good thing, we have a forum where we can know which gambling casino serves us better.
92  Economy / Gambling discussion / Re: Anonymity is no longer a benefit of gambling with cryptocurrency. on: August 04, 2023, 08:59:38 PM
Casinos are now centralized just like CEX at some point they will definitely ask for verification of your identity for what they need.
~snip~
^ As the cryptocurrency space continues to mature and gain mainstream acceptance, many crypto casinos are indeed becoming more centralized and subject to regulations, including the implementation of KYC procedures. While there are probably still some casinos that initially allow users to gamble without KYC, it is important to recognize that the situation can change quickly if they encounter issues with users' accounts or transactions, or if they face legal pressure to comply with regulations.
The licensing and regulation of casinos by governments are becoming more prevalent, and this trend is likely to continue as authorities seek to address potential risks and protect consumers. As a result, the level of anonymity once associated with crypto gambling is diminishing over time just because of legalities many casinos have been successful and faster adoption.
93  Economy / Gambling discussion / Re: *** Exploring Unique Advertising Opportunities in the Gambling Sector*** on: August 03, 2023, 10:19:35 PM
~snip~
~snip~
~snip~
But along with the development of crypto and the exchange business and other businesses, the government is suspicious of money laundering activities using crypto so the government is trying to find out who are the people who use crypto in exchange, gambling and other businesses. The government doesn't want to lose a moment. It can be used to track down people who do illegal business because it could potentially lose huge profits for the country.

Exchange or gambling businesses seem to know already the account characteristics of someone involved in illegal activity so the owners of these businesses may have started to suspect the movements of the perpetrators of the illegal activity. Business owners will immediately ask them to do KYC to find out the background of the account owner. And if they are suspected of having anything to do with illegal activity, they can immediately report the results to the government.

Truly the government is always on the track of account holders and you know they know themselves but one thing I believe is that the government knows all the money launderers in their various countries, they know those who indulge in nefarious act and would not go after them but are ready to trouble these organisations such as casinos, exchanges etc just to get revenue from them all in the name of keeping track of account holders. Even the casino owners knows this too. They know accounts of money launderers and others but sometimes they just disguise themselves and pretend not to know as to get their pockets.
^ As for casino owners and financial institutions, they are also bound by strict regulations to report suspicious activities and cooperate with authorities in combating money laundering. Failing to do so can lead to severe consequences for these establishments.
However, it is also true that some individuals or organizations probably try to evade detection, making it challenging for authorities to catch every offender, and the government agencies prioritize some targets over others due to resource constraints, it does not necessarily imply that they condone illegal behavior. The focus on certain sectors like casinos and exchanges may be due to their susceptibility to being used as conduits for money laundering.
94  Economy / Gambling / Re: Free Condolence Bonuses to Betnomi victims on: August 03, 2023, 10:05:39 PM
Dear Betnomi victims,
~snip~
^That is a good move TrustDice, but that is definitely right as what they said taking advantage of that situation does not always look good. It is important to consider the ethical implications of promotions and marketing strategies. However, using the right marketing approach at the right time can help you stay ahead of your competitors in the market.
As for me, I am not a victim of Betnomi, so unfortunately, I am not eligible for this bonus. Nonetheless, I wish good luck to those who are eligible and can benefit from it. It is crucial, though, to be cautious about potential scammers who might try to exploit this promotion to obtain the bonus dishonestly. Ensuring that only genuine Betnomi victims receive the bonus should be a priority. So, it is important for TrustDice to be vigilant and implement measures to identify and assist real victims while protecting the promotion from abuse. A fair and transparent process will ultimately help build trust and credibility with your user base and since you are here in this forum probably it is good to see publicly the evidence they have.
95  Economy / Trading Discussion / Re: Are exchanges evading proof of reserves unsafe for users? on: August 02, 2023, 10:28:19 PM
This issue started since the exit of FTX and now we are talking about this again, Binance showed their financial capability and I think that can be a good relief to Binance users and other exchanges also did this. Well, the question is, is this enough to be called a safe exchange? Honestly anything can happen in an instant just look at FTX as an example, it is a top exchange before but look at what happened. If you don’t want to be on trouble and don’t want think about this from time to time, better not to hold big funds on any exchanges.

that is true, we can't get an absolute assurance from all these exchanges, whether they are at the top or not. but one thing you can safeguard your funds is get out your funds as soon as you finished trading. secure it in your own wallet where you have full control of your funds.
having proof of reserve of funds won't guarantee that they will rug pull or do something unexpected. they can easily give the wallet address having their funds but they have full control of such funds, so they can still do what they want to do with their vault money.
^Definitely right.
While measures like proof of reserves and financial capability are positive steps toward transparency, they do not provide an absolute guarantee against all risks. Even with such assurances, there is always a possibility that exchanges could engage in unexpected or unethical behavior.
One of the most secure ways to safeguard your funds is to withdraw them from the exchange as soon as you are done trading and store them in your own wallet. By using a hardware wallet or other secure cold storage solution, you have full control over your private keys and funds, reducing the risk of potential losses due to exchange-related issues.
96  Economy / Gambling discussion / Re: Gambling experience using loan money on: August 02, 2023, 09:52:07 PM
Well, I have never had a reason to gamble with a loan because the only time I do take out loan is when I am in dire need.
Sincerely, I wouldn't advice anyone to do such unless they have done so before and it was favourable or perhaps they have the trickery up their sleeve on how to turn a minus into a plus.

~snip~
^Indeed, gambling with borrowed money can be risky to any one of us, and it is good to exercise caution and restraint.
Your concern about individuals who repeatedly take loans for gambling reflects a thoughtful approach. Persistent reliance on loans for gambling could indeed indicate addictive behavior. Seeking help from a therapist or counselor can be a valuable step in addressing and overcoming such addictive tendencies. It not only helps the individual but also reduces the burden on their loved ones and society at large.
Encouraging discussions like this can raise awareness about the risks associated with gambling with borrowed money so that possible they know the outcomes.
97  Economy / Gambling discussion / Re: Quit gamble! Easy or Hard? Let's talk. on: August 02, 2023, 09:30:37 PM
Quitting gambling is hard like hell because it has been proven time without number how gambling addiction is very hard to quit but becoming a gambling addict is very easy and this has become almost the frequent challenge faced by many who are addicted or passive in gambling.
~snip~
^Yes at that stage level of your gambling habit you will probably face difficulties.
Quitting gambling can indeed be an extremely challenging endeavor, and I understand how it can feel like an uphill battle. Gambling addiction is a serious issue that affects many of us as a gambler, and it is a problem that often sneaks up on us without even realizing it. The ease with which someone can become addicted to gambling is concerning, and it is crucial to acknowledge the potential risks involved. So give advice to our fellow gamblers to gamble responsibility and never chase lose to avoid this overcome.
98  Economy / Gambling discussion / Re: Do wager affect outcomes in any provably fair games on: August 02, 2023, 09:19:34 PM
Nope. Provably fair games are randomized regardless of the inputs that were placed upon it prior to the bet resolving. Wagers, bets, and other things shouldn't affect how you win when you're playing on a provably fair game since it only affects how much you're going to lose/win, not the percentage of games that you will win. At the end of the day, this is all just heuristics and biases placed upon our pattern-loving brains that we could put two and two together like this where you're correlating these two things. Keep in mind that correlation doesn't always mean causation, and in this case this just proves it since outcomes are calculated in random and there's no way unless it's something that the gambling site imposed in which case they are dumb cause once people catches up to this they'd lose money.

that is true, how much you wagered has nothing to do with the results of your game, if you are in a provably fair platform. worry if the site is not known to be a provably fair gambling site. so don't think that the more money you wagered, the better is the outcome for your games. if you are playing in luck-based games, you can't predict when will you hit your winnings, if there's any.
^ It is risky for players to be aware of the legitimacy and reputation of the gambling sites they choose to play on because provably fair platforms provide transparency and build trust among players. When you are playing on non-provably fair platforms or in luck-based games, it is important to understand that there is no way to predict when you will hit a winning outcome. Luck plays a significant role in these games, and they should be viewed as forms of entertainment rather than reliable sources of income.
However, the provably fair games are indeed designed to be completely randomized, ensuring that no external factors, such as the amount wagered or any other inputs, can influence the outcome of the game. The fairness of these games is maintained through cryptographic algorithms and a transparent process that allows players to verify the randomness themselves.
99  Economy / Gambling discussion / Re: Collective bets in local lotteries on: August 01, 2023, 10:24:31 PM
Would like to know your takes on betting as a group to raise chances in local
Lotteries
^ By participating in a lottery as a group and collectively purchasing a large number of tickets, you increase the overall number of combinations you are playing. This can raise the probability of winning some smaller prizes or even hitting the jackpot. The chances may still be slim, but there have been instances in Brazil, as you mentioned, where local lottery prizes were won by small groups of people who joined together to buy a significant number of tickets. I cant imagine who they will divide the reward if there are too many of them who participated.
100  Economy / Gambling discussion / Re: Wagering - share your opinion on: August 01, 2023, 10:04:38 PM
Dear all,
Here to discuss wagering.
Wagering is an activity to redeem gambling bonuses, increase the rank of your account in a casino and a whole series of other advantages ...
Share your opinion and what are your tips or tricks on this topic
Well for me, in my experience, one helpful tip when it comes to wagering is to carefully read and understand the terms and conditions attached to any bonuses or promotions. This ensures that we meet the wagering requirements effectively and avoid any potential pitfalls.
Another useful tip is to set a budget and stick to it while wagering. It is important to gamble responsibly and avoid chasing losses, as this can lead to unnecessary risks. Some players prefer to focus on games with a higher Return to Player (RTP) percentage to increase their chances of winning during wagering. Researching the odds and choosing games strategically can be advantageous.
However, everyone's experience with wagering can differ, so I am excited to hear other valuable tips and tricks from fellow participants. Let us keep this conversation going and share our knowledge to make our gambling experiences even more enjoyable and rewarding.
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