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861  Economy / Gambling discussion / Re: Possible measures to stop online gambling addiction. on: August 15, 2023, 11:02:44 PM
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Now with online gambling and casinos always browsing adds where a gambler is enough to get addicted to gambling. In this case, he must stay away from electrical devices, especially laptops and mobile phones, from those browsing that are directly related to gambling and casinos.
No matter what is said a gambler will never be able to stop himself from gambling and casinos if he does not change his mindset. It is possible for a gambler to refrain from gambling only when he develops an anti-gambling attitude in himself.
Just clear browsing history and cache but if that doesn't help, I agree to your suggestion to just avoid all devices and even smart phones.

That's going to force the mind of that gambler to stop doing so because he's got no way of doing and accessing. Also, in alternative for it, try to find another hobby.
Does this work the same on apps I wonder? Like clearing the data would hard reset everything you see. In the cache thing though, I'm not totally familiar with it but isn't the data stored within a specific cache tagged to your account? That is why your ads are matched whether you view them from a phone or laptop/desktop. At least that's how I think it works, so I don't think clearing the cache would actually work. Not familiar with how they store data so idrk, might be better to if needed, just create a new account and format everything to remove any possible connections, maybe even stop using devices as others have said altogether if possible.
862  Economy / Gambling discussion / Re: The Latest Game in my Country: Bottle Flip on: August 15, 2023, 08:55:42 PM
This looks like it's a game of luck, but no it isn't. Anybody who has tried it out would know and realize that after a few flips, you would be able to determine how strong you should start out to make it so that the bottle flips properly the way you want it to. Maybe if it was randomized with varying levels of weight and only like, two, three tries (with no practice), then it could become a possible game suitable for gambling, but eh, I don't really think it would gain traction as a gambling game. Might work on a small group though, since it is kind of fun once you get into it.
863  Alternate cryptocurrencies / Altcoin Discussion / Re: Is Whitepaper just Buzz Word in Alt and Meme coins? on: August 14, 2023, 11:03:38 PM
Hi Friends,

I often come across Alt Coins and even meme coins showing white paper. IMO, they are absolutely ruining the meaning of Whitepaper, aren't they?

Some of them use it for showing Toeknomics, some of them show their Utilities & Use cases, some show Roadmap and Planning, and some show just Memes in the paper.

There are many Crypot New Enthusiasts who just jump into the Project as and when they see Website and Whitepaper link. Hardly check what is even inside!

Just wondering what is your take on it!
It's not that they're ruining the meaning of whitepaper, it's just that the whitepaper is mostly needed for their project to even attract someone to read their use case if there actually is one. In most cases, the whitepaper they have is simply a template used by the majority, with a few keywords changed to match their project. It was a standard that was created to present the project, especially in crypto's case where most projects can be considered as investments, and a lot of people do actually check on it, a matter of understanding it is a separate thing though.
864  Economy / Gambling discussion / Re: How Technology is Changing Sports Betting on: August 14, 2023, 09:08:39 PM
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I'd say the only real advancement here is AI though? Blockchain is more like on payment methods instead of sports gambling itself, and as for acceptance, it's, well, acceptance. Probably should've added the VAR technology instead, it's been making rounds the past few years and has been used in quite a few big official tournaments already (which I'd probably count separate from AI).

It's a question of these tech being helpful though, I don't think an AI that could make accurate bets exists as of yet, I haven't heard from ChatGPT's plugin (iirc) feature which is what I was expecting to be at the front of AI accessing the internet. VAR is kind of in the middle, Afaik it's had it's own issues but at the same time, they would've stopped using it if it only had issues so I reckon there were some pros with it.
865  Bitcoin / Bitcoin Discussion / Re: Would We Pay Taxes When We Don't Exchange Bitcoin for Fiat Anymore? on: August 13, 2023, 11:01:08 PM
So, a senior citizen in one of the western countries makes a complaint that he preferred the 1950s when everything made sense and life was simple. He loves the analog times more than the digital. Despite this, he trusts Bitcoin self-custody, and that is the reason why he holds bitcoin. He complains that his bitcoin just sits in his hard wallet, and he doesn't even know what to do with it. According to him, his fear is that if he sells it during the next bull run, he will be taxed, and he doesn't want that. A question arises: Would taxes still be applicable if a time comes when exchanging bitcoin for fiat is no longer necessary?
The scenario is BTC -> fiat, so I reckon there will always be taxes involved there. In the first place isn't everything he buys and pays for have taxes already involved in them? I don't think adding one more to the pot would be that much of a problem for him.

If there's no need for the conversion to happen, and in essence means that crypto is globally accepted and globally used now, taxes would probably still exist, but not for the conversion but rather taxes like what we have right now. I hardly doubt government accepting crypto payments as a possible method would allow it to bypass tax in the first place, heck they might even impose larger tax in comparison to fiat (or cbdc or whatever they have by then).
866  Alternate cryptocurrencies / Altcoin Discussion / Re: Altcoins profits or bank profits, which best? on: August 13, 2023, 10:41:54 PM
Bank investors have more certainty because there capital is completely safe but they give 8-10% annual profits to the investors of per year. But it is comparatively less in terms of profits.

On the other hand you will get constant profits from crypto as if you are experienced in trading then daily profits is possible. Otherwise you can get profits by investing. However crypto investment puts your capital at greater risk (main point).
I think you already know what the answer is, just based on the risk factors involved banks would be safer, and crypto would be riskier, in terms of the rewards they'd be the opposite, banks would be lower while crypto would reach sky-high levels if really lucky. There are other factors involved though, like inflation as others have said and in which case, doesn't affect crypto at all but at the same time, crypto is subjected to possible market manipulation attacks especially those that are relatively new (and at the same time, would probably have a greater risk-reward ratio).
867  Economy / Gambling discussion / Re: Possible measures to stop online gambling addiction. on: August 13, 2023, 10:31:46 PM
But those ads varies based on your browsing activities. That means that you have to limit yourself browsing those casinos so that it won't click on the algo of the ads and won't show you anything.

Though this is a good idea and it's another initiative for one to stop or at least counter measure his addiction. If there are no other options made then you have to do anything that you can for you to do something with your addiction in gambling.

Just do any method you think that's going to work best for you.
All the more reason I think why OP was suggesting it, is exactly because people who gamble has already set their interest into gambling itself, so the algorithm of google has already set advertisements that they would receive. But again, as I've said before I don't really think this is going to work. There's probably higher chances of someone moving on from gambling if they shut off the internet for a month and take a good vacation somewhere.

Yes because as person like me, who loves sports will be one of those people who are probably be addicted in sports betting for example because at first we love sports and then sometimes we like to bet as well to show our support to the team. The only thing that I knew to stop being addicted is to have a discipline to ourselves , we have to limit our spending as much as we want it.
Your gambling behavior is not included in the category of gambling addiction because you only bet on your favorite sports team and usually a person has no more than 2 sports teams from all major football leagues, you can also limit spending in gambling, so gambling problems are easily handled without the help of others Otherwise, if you want to leave gambling activities because you support your favorite team, you don't have to have to bet on sports betting. There are many other activities that we can do to highlight the popularity of our favorite sports team, better than other teams.
Being supportive isn't really in the realms of addiction. They usually have discipline in the first place, and see gambling as not a source of income, rather just a side hobby to include when watching sports, so I reckon you're fine.
868  Alternate cryptocurrencies / Altcoin Discussion / Re: Free NFTs real or fake? on: August 13, 2023, 07:46:41 AM
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Probably just a spam nft, maybe in hopes that you'd click an associated link or something similar to let them install malware or just spam. Quite literally spam. Idk if it happens in other countries but my mobile number often has these spam casino messages that often message me, asking me to click the link they sent or visit whatever site they indicated. Considering how NFT can be easily made and if timed right, fees being close to zero, I guess the marketing team or whoever decided to spread said NFTs that way. Just don't open it, I don't open anything I didn't sign up for, that's for sure.
869  Economy / Gambling discussion / Re: Between futures trading and gambling on: August 13, 2023, 03:57:12 AM
I know for a fact that trading has been labeled to be as good as gambling because very few people actually excel from it!
But even a choice to choose between the two, I think gambling gives the gambler the edge to win on a regular basis as compared to futures trading that has the emotion aspect attached to it which can also lead to revenge trading and total loss of funds at the end of the day...but then again, we are told that the house always wins which means everything is high risk and it's all about which of the two clicks with you.
wait a moment, but I disagree a little on the emotional aspect it seems that gambling has more influence because if a gambler who fails to manage his money in gambling he will lose his entire budget and after that get emotional and constantly chase those losses. if not, sometimes gamblers who do not have good control usually they will go all in all budgets to get big wins and all of that is usually caused by emotion.
I think that in terms of emotions and risks, both have the same risk that will end in emotions that cannot be controlled, but the difference is that gambling can give in to your budget at the same time, but futures trading will not immediately lose your entire budget.

in terms of winning regularly it seems that in gambling it depends more on luck, especially casino games.
I think there's a bit of bias here in gambling is better than trading, probably because there are more people who share that they won in gambling compared to people who were successful in trading. I mean yes, there's people out there that are rich from trading, but they don't actively share their winning trades, what more for smaller traders, unlike in gambling where it's more often that people share them. It's probably why he takes gambling as better, even if we take into account the emotional aspect (which honestly, both cases have in the first place).

870  Alternate cryptocurrencies / Altcoin Discussion / Re: Is Binance indirectly manipulative by promoting Tokens? on: August 12, 2023, 11:24:04 PM
Hello there,

I don't know how exactly to phrase it, nor do I know if what I say is accurate; it's just how I see it. Binance has been frequently indirectly promoting newly launched tokens on their platform, either by airdropping them, by completing quizzes, through pre-sales, or by farming them through their Launchpad. What are your thoughts on this? Could we claim that it's some sort of manipulation since a large number of these tokens that are listed through one of the previously mentioned ways are pumped the moment they are launched in the market and start being traded? I don't have many examples right now because I've stopped tracking how many new tokens are being added on a weekly basis, but for instance, Binance is now offering to farm CyberConnect and SEI, which I'm also farming myself. There's no information about their price, nor can they be traded on the platform yet, but I wouldn't be surprised if they're hyped the moment they're launched.

What are your thoughts on this? Do you believe that it's a kind of manipulation and/or some sort of reward for Binance for promoting newly created tokens?
I don't think so. Binance is a platform for tokens/coins, so I reckon projects just pay Binance to promote said tokens after a regulatory check. Said regulatory check doesn't really give a damn about the use case of the project, so even if it wasn't cheap, as long as they pass some of the checks, then they'd probably be allowed to launch their tokens. In the end, Binance is still a platform aimed to make money, so it isn't really odd that they're trying to accept coins that they can actively promote and sell to others. They might also have a separate contract for when tokens are launched that they advertise, so more money for them as well.

In the end it isn't really manipulative of them if the users themselves know that Binance as a platform aims to market coins to them. Advertisements aren't a law that you need to follow, they're guides to what projects are actively trying to promote their project to big platforms.
871  Economy / Gambling discussion / Re: As a gambler do you have a potential winning amount limit? on: August 12, 2023, 10:27:58 AM
Also, is there such thing as continuous profit in gambling? Even player for years are losing bigtime especially if "it's not their day". Their consistency and analysis just somehow overpowers their loss which creates profit. There making it as your main source of income is possible but hard. Even if you have a large capital it is not easy to achieve 'coz no one controls the outcome of any game no other than fate itself. Gambling can be an additional source of income but will never be advisable to fully rely on it.
Sounds like a dream to me. Even businesses have months where profit isn't continuously entering, they have days where net gain is basically zero, maybe even negative. What more with gambling that's luck based. Though I won't deny instances where a person can have a 100% profit gain (no matter the amount) everyday, that would probably require an enormous bankroll before you can even attempt it.

I wouldn't even count gambling as an additional source of income. It's nice if you win, but if not then that's that.
872  Alternate cryptocurrencies / Altcoin Discussion / Re: Paypal launches an Ethereum-based Stablecoin! on: August 12, 2023, 03:55:35 AM
So does this coin of theirs also allow refunds? I used to use paypal but it was so bad as a payment method for me specifically since refunds with no rhyme or reason could suddenly be approved (since most of my commissions are art/video based). It was the single most frustrating issue I've had before with paypal and that's why I used it, not sure if they fixed it though. And if they ever implement such a system since as OP said, it's centralized a f, I don't think there's any sense in even using it then.
873  Economy / Gambling discussion / Re: Who is to be blamed, the gambler or the betting agent on: August 12, 2023, 12:58:17 AM
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No matter how we scrutinize whom to blame, it is always the gambler, because you are right, it is his responsibility to make sure he will not get addicted to gambling, and if he lends money, he will have a hard time paying for it, mostly if he doesn't have a stable job. The people who lend to that gambler are just doing their job and asking him to repay his loan in a hard way, and the lender should also make sure that he can pay what he has got.
But don't lenders have a specific rule at the very least about who they want to lend to? I mean, it isn't exactly easy to loan to a person with literally nothing. Maybe if they had land in their name, even if they had nothing, they'd still be worth giving a loan to since they can sell that land or even just turn it over to pay the debts. It's a simple process really, and the question here is who is to blame for the loan.

Now I reckon the gambler who asked for the loan is just a mad man, asking for a loan even without substantial financial sources, but I'd reckon the case started in the first place because the loan was allowed, which was the fault of the lender instead. But well, since the case already happened, the only one we can blame here is the gambler themselves though.
874  Economy / Gambling discussion / Re: Reckless gambling starts after a win round. on: August 10, 2023, 10:59:50 PM
If you are onto gambling for the first time it's not possible to get addicted to gambling because you haven't tasted what winning feels like, you will be consumed by doubts and uncertainty.

But wait till you have a taste, win some money, that's where you start feeling like there is more if you keep digging, is this not where gambling addiction starts?

We have had a lot of conversations about gambling addiction, but I had the same conversation with someone close yesterday and this was my answer to him.

Do you think its possible to become addicted to gambling when you haven't win a dime or after you win?

I think addiction starts after you win, even if it's just once, that's when you start gambling recklessly and you also start betting higher.

I wouldn't say "addiction" starts after the win, more like realizing the enjoyment of gambling itself. People over-exaggerate the effects of gambling when really, it's just like any other game out there. The thrill of playing a completely new game comes from various factors, some of them from storytelling, some from graphics, and some from competitiveness, aka winning. Gambling is just like that, just like any other competitive game out there.

As for being addicted when you haven't won jack, I think it is? I mean winning isn't the only reason for being addicted (nor is it the leading cause imo), so it's perfectly reasonable for someone who, say, is burning in jealousy of someone winning the lottery and has lost hope in trying to get himself back together and just sunk himself to gambling. In this case it's depression and jealousy, which are what you would mostly see in addicts really.
875  Economy / Gambling discussion / Re: Peer pressure as a substantial gambling catalyst. on: August 10, 2023, 10:10:22 PM
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that's right, bro.. it seems like most children in the past could get to know about gambling from their circle of friends, I myself knew card games from village friends and at that time we only knew the game domino gaple. Yes, at first we just had fun playing cards for fun and the losers had to be scribbled with a marker. before finally we dared to use betting money.
but it's different from today's kids, they can find out about gambling from their cellphones and immediately dare to make bets. want to wonder.... but so be it
It wasn't something weird. The game was fun in itself really, despite how simple it was. Just the idea that you could get a really good combination of cards (flush, straight, 3 pair) or even the best one by coincidence is an insane feeling. It's also why I couldn't stop wanting to join in despite money being involved, it was just that fun imo. The money being added just kind of increased the pressure which in turn, also added a sort of enjoyment during the game itself.
876  Economy / Gambling discussion / Re: Greed can cause a lost bet, (true or false) on: August 10, 2023, 09:52:02 PM
The gambling houses know that gamblers will fall for greed and for that purpose they will give you bonuses and promotions often with high wagering requirements.

A gambler who is not greedy has to be clever enough to know which bonus to go for and which promotion to avoid. Some gamblers do not think this way and spend a lot of money in order to get the deposit bonus. They do not think if this bonus comes with high wagering or low wagering requirement.

A gambler who saves himself from greediness can survive in this market.
Casinos need people to make bets in order for them to obtain profits, so they will obviously try to take advantage of some common characteristics their clients may share, and taking advantage of their greed is simply to be expected, after all some of the bonuses that casinos offer can be very attractive as a person that maybe was thinking about not gambling for a time will find very difficult to resist such offer and they will end up gambling when in fact they did not had the desire to do it.
To be fair, it's not only gambling houses that capitalize on greed, it's just that it's much more obvious that casinos use greed as a factor to influence people to pay them more. Some simple games with pay-to-win aspects can be considered as one, albeit with a bit of a mix of what they want (greed of winning, desire, etc.). Well in the end greed isn't exactly bad, but too much of it, just like anything else can kill you. As I've shared before, only losers share their stories (or have their stories told), not so much for winners, so that negative connotation we have isn't exactly unexpected.

Well, the question is, are we going to end the game. it becomes difficult, because we have just enjoyed a gambling session. In gambling, there are various types of games that we can play. from every type of game, we have the opportunity to benefit from the gambling session. if greed is involved when we gamble, when is the right time for us to stop the betting session.
Let's just say, the reference is the example I said. for me, greed in gambling is ambiguous. difficult to define. because, in every moment it will always be different. thus, this is different from what you say which refers to the business we run. we could describe the origins of greed in terms of doing business, but in gambling, it is a matter of winning or losing, resulting in multiple wins or ending in defeat. end or continue. anyway, what i say is based on my personal point of view.
That's why set a specific amount of money you'd always use. And use that as your limit. Regardless of the quantity of games you play, as long as the quantity of your money involved goes to zero, then you stop, simple as that. The rest is really just a matter of self-control.
877  Alternate cryptocurrencies / Altcoin Discussion / Re: Altcoins that you trust most on: August 09, 2023, 11:02:58 PM
ETH, as usual. It's the top altcoin for a reason after all. Following that would probably BNB, Matic, and SOL? Well, the title says "trust the most" but really, they're the only altcoins I have in my portfolio that I'm willing to invest in, XRP and LTC are some of the other options but I'm still currently undecided about those two. The XRP choice seems the more solid one due to the SEC case they won over, but LTC halving is here and some are hoping for some changes for it, but again, as I've said in my previous posts about it, I have this doubt that nothing is really going to change with its market, just like in the other halvings.
878  Economy / Gambling discussion / Re: Sudden Wealth Syndrome (SWS) In Gambling on: August 09, 2023, 10:42:25 PM
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Have you experienced this feeling and what are the steps that you've taken to fight this Sudden Wealth Syndrome (SWS)

Do you think people who have a chance to make a lot of money should be aware of this and do you know what you're going to do if you won a big amount of money?
I think this was when axie was booming? I was an early investor so I profited quite a lot from the boom, not to mention I went to the path of expanding instead of saving up. It was rather big for me at the time since in the first place, when I started investing, the prices were cheap yes, but it still took around 2-3 months of saving up before I could buy one (I am so glad it was before it started growing so I had time to grow).

It was hard I guess, I myself recognized I turned a tad bit too arrogant (If you can count that was what changed). What I did was distract myself. I used the money I earned to buy some stuff that can help me, specifically in my hobby of drawing. I bought a drawing tablet and a bunch of online school courses and used that as an idea that I'm just at the bottom of the barrel, at least in something.

They definitely should. They should watch those ruined lottery winners. A LOT of them turned out really bad despite winning a lot of money. I was amazed at how much they could splurge really. I didn't have that impulse to spend money like water luckily, just arrogance.
879  Economy / Gambling discussion / Re: Importance of Gambling to the society on: August 09, 2023, 10:29:46 PM
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So it's not a benefit to the "society", it's a benefit for the government. Even if it was, we'd probably call it an indirect benefit. And in the first place, even if casinos were gone, something would simply replace it that the government can benefit from all the same imo.

And this so-called "big contribution" of yours is really, solely for a group of individuals (if they actually even receive said benefits). The damages it could do to a single person can't really be offset by a small part of that big contribution. And in reality, people are small-minded. They mostly care about how something benefits them directly, not indirectly.
880  Alternate cryptocurrencies / Altcoin Discussion / Re: Can Meme Tokens Forge a New Era of Crypto Champions? on: August 08, 2023, 10:59:33 PM
I've been a fan of memes, but I never imagined a world where meme tokens team up like superheroes until I came across 'MemeVengers' on my TL. It's a concept where famous meme tokens like DOGE, SHIBA, and other memes come together under one banner with the goal of giving each token unique traits and powers, making them heroes in the crypto world.

If you're a meme lover like myself, what do you think about this concept where memes collide in the most epic way?
Nothing. I mean if it had a game, factions, market, economy then maybe, just MAYBE, it'd be an interesting development. But multiple coins that we're going to assume are "heroes" and have a connection with each other? Boring, not to mention no value at all. In the first place it has no foundation, other than being a meme. And you know what meme does over time? They die. Maybe go up every once in a while, but in general, they just die off never to be seen again. The same could be said for meme coins, especially for ones that didn't reach the level of SHIBA/DOGE popularity.

In the end, people in the crypto scene can be considered as investors, they don't buy something which is, in essence, only what the community assumes. They want something solid, guaranteed, and is profitable.
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