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861  Economy / Gambling discussion / Re: Credit card gambling fuels gambling addiction on: September 30, 2023, 07:32:45 AM
I think credit cards usage depends a lot on country. In my country, credit cards have very low rates compared to inflation so not using credit cards in anything (literally) seen as being dumb. But I read that its totally different in many other countries cause credit cards can make you get debts with very high rates. I think this is not that much related to gambling, people are sort of not very into calculating their finances. But still I suggest noone to relying too much on credit cards when you are gambling.
If someone lives in a country and is using a credit card that allows them a lot of credit then it all boils down to how serious they are about their gambling activities and whether they have enough self-control to control the urge to gamble when they have played enough for a day or a week based on how much credit they should use, and if someone lacks self-control and don't even have a count about how much they've spent, using a credit card for gambling can be very bad for them.

Actually, it is much better if someone uses money instead of using a credit card that allows them to borrow money that they don't have which will keep putting more and more interest on them over time and they will obviously have a very hard time repaying that money if they spend a lot of it.

It fuels gambling addiction in people who do not have self-control or lack self-control. That's the reason why some countries choose to ban the use of credit cards for gambling. It's for the good of gamblers, at least those who have gambling problems. Since credit cards are accessible for everyone, they can't just restrict a group of people or specific individuals. What they are doing is to prevent the problem from happening because, as they say, prevention is better than cure.

You know, when you are running a country and you see that the number of addicted gamblers is increasing, you'll investigate to find the root cause of the problem. So, if the government restricts or bans credit cards in gambling, you can expect that they have already conducted thorough studies before implementing it.
862  Economy / Gambling discussion / Re: Gambling and it effects on: September 29, 2023, 09:35:56 PM
You know gambling is actually interesting if you aim for a simple entertainment, but if your reason to gamble is beyond that, that's when gambling becomes bad for us. We all know that any one who risk to gamble will certainly experience thousands of losses at first before they can make winning profits, that's how uncertain gambling is. So if you think you are not ready to lose, then always be responsible not to enter gambling.
863  Economy / Trading Discussion / Re: Are you on guard for any unexpected? on: September 29, 2023, 08:58:13 PM
Have you ever been caught off guard in life generally? Relative to bitcoin I have learnt many things about the market totally taking an opposite directional move from our wide expectations.
Source:. https://www.binance.com/


Just today from the charts BTC has been pushing up in a big green high momentum candle in the past hours of today and this many are excited about the price.

But what if, we are caught off guard by the market at this snapshot point with another unexpected long dip again whereas we're expecting a little more pump in October?

Are you on guard for any unexpected?
If your mindset works like that, then you will always fall into frustration of not making your expectations meet. For me, if you know how bitcoin secretly moves, and as long as it remains to be volatile, then assume that everything is possible to happen in just a blink of an eye. Do not be too carried away of its present price because it can be deceiving at some point, but consider how the market moves and how it can be easily affected by different factors which make it easily to shift its price any time.
864  Economy / Gambling discussion / Re: Gambling Education. on: September 29, 2023, 06:31:52 AM
If gambling education is well implemented, the rate of gambling and gambling addiction would be very much reduced. During this education of gambling you will also tell them the dangers of gambling and the law implication of being found gambling or abusing it. This will do a better job than the system that exist today.

Who should educate gamblers? If it's the government, I think it's too much of a job for them. It's understood that once a gambler plays, he or she should already be mature, meaning that he or she understands the risks involved. A little warning or education provided by the government is already sufficient. If they want more in-depth education, then they should seek it out on their own. The major reason for gambling addiction is not necessarily lack of education; it's because some individuals become desperate to make money through gambling and end up betting more than they can afford to lose. Some may even resort to borrowing money just to gamble.
865  Economy / Gambling / Re: 1XBIT.COM ᐉ 7 BTC WB ᐉ Altcoin Betting ᐉ no KYC ᕗ Instant payouts on: September 29, 2023, 06:02:19 AM
Maybe, but honestly, I don't really think they would scam me for a small amount of money. I still find this gambling site not so bad, despite the scam accusations. The fact that they still exist until now implies that there are still lots of gamblers who trust them, and they probably take precautions by not depositing a lot of money, you know, just in case.
Not so bad? You have got to be kidding with me. These fraudsters have screwed so many gamblers over time and the site is still alive only because they are supported by their parent(1xbet) which is far more powerful.

1xbet, Melbet etc all belong to the same group of scammers who are operating most probably out of Russia.

Sorry, my mistake. I didn't realize that it's 1xbit; I actually gambled on 1xbet, where it's easy for me to transfer funds through my digital bank. As I mentioned, it's just a small amount of money, something I can easily let go of. It's not so bad based on my personal experience, but I know this site is very risky. I also want to emphasize that I am not promoting it; I just have friends who still use the site despite knowing its reputation.
866  Other / Beginners & Help / Re: Let's start the journey of working with Bitcoin by following the forum rules. on: September 28, 2023, 09:14:08 PM
After joining the community, I was confused by so many posts about Bitcoin. Where to start, where to end, which one to read first, which one to read quickly, etc. I lost interest in reading my posts. Just then, it occurred to me that it wouldn't be this way; I have to start from scratch, and to maintain the order and beauty of a place, I have to first obey the rules of that place. Only then can I propel myself to my next step. So I am starting to know the rules of the forum by reading the post at this link  https://bitcointalk.org/index.php?topic=703657.0
Because nothing is above the rules. To keep the community clean, we (especially us newbies) need to follow the forum rules and posts. We have to slowly move forward in this journey of Bitcoin by following the rules of the forum community.We newbies hope you will surely benefit from the link post, like me.
Please correct me if there is any mistake in what I said.
Rules are the most crucial thing that one should ought to know especially if you want to take part on that certain community. So if you aim to stay longer in the forum, know the rules first and learn to abide with them. Otherwise, no matter how capable you are as a quality poster and a good investor or trader, everything won't work  and won't make you valuable unless if you decide to stick with the rules and learn to embrace it.
867  Economy / Gambling / Re: 1XBIT.COM ᐉ 7 BTC WB ᐉ Altcoin Betting ᐉ no KYC ᕗ Instant payouts on: September 28, 2023, 01:54:45 PM
Personally, despite being aware of their bad reputation, I gave the site a try, but with certain limitations, and solely for entertainment purposes. I managed to withdraw my funds, but it's not something I prefer to use consistently.
You got really lucky to be honest with you. Am guessing that you cleverly stuck to small amounts since they usually scam big amounts from their customers based on all the scam accusations against them.


Maybe, but honestly, I don't really think they would scam me for a small amount of money. I still find this gambling site not so bad, despite the scam accusations. The fact that they still exist until now implies that there are still lots of gamblers who trust them, and they probably take precautions by not depositing a lot of money, you know, just in case.
868  Economy / Gambling discussion / Re: Gambling Education. on: September 27, 2023, 12:55:03 PM
Educating people about gambling is easier said than done. Not all countries can allow gambling businesses to operate because, by nature, gambling can be addictive. In countries where the economy is struggling, it's wise to ban gambling altogether, as people might easily become addicted. Most countries with a poor economy also have a high poverty rate, so introducing gambling would only exacerbate the problem.

While gambling can be fun and entertaining for some, it poses a significant risk to those who can't afford to gamble but still try, thinking they can make easy money from it.
869  Economy / Gambling / Re: 1XBIT.COM ᐉ 7 BTC WB ᐉ Altcoin Betting ᐉ no KYC ᕗ Instant payouts on: September 27, 2023, 12:20:25 PM
and that is the same reason why we are still seeing victims from outside this forum , because Bitcointalk users already knew their scamming so they are victimizing people from outside.
The problem here is that most gamblers don't check forums like Bitcointalk before signing up at gambling sites due to which they get fooled by review sites like Trustpilot etc and end up getting screwed later on.

More and more gamblers need to stop being lazy and must check sites like Bitcointalk while researching crypto gambling sites.

There are indeed gamblers who still use this site because many YouTubers continue to promote 1xBit. Personally, despite being aware of their bad reputation, I gave the site a try, but with certain limitations, and solely for entertainment purposes. I managed to withdraw my funds, but it's not something I prefer to use consistently.
870  Economy / Trading Discussion / Re: KYC matter? on: September 25, 2023, 04:19:26 PM
You will not be able to withdraw the balance there or any other features. There are some exchanges that before depositing the balance must complete KYC verification but some are not but at the end when withdrawing KYC it is very mandatory to verify.

I think there are still No-KYC exchanges and from some exchanges you can use. No-KYC Exchange Encyclopedia
This is the most concern of those who claimed to be non-KYC exchanges because when you deposit, they will never require KYC, but when you decide to withdraw your balance they will suddenly require KYC verification. Otherwise, those amount will never be withdrawn and will only stay at an exchange. But with clear KYC exchanges, every time you deposit and withdraw your balance, KYC verification will always be compulsory.
871  Economy / Gambling discussion / Re: Boxing: Regis Prograis vs Devin Haney on: September 25, 2023, 01:47:45 PM
-snip

I don't think that Haney is fast though, and I think he hasn't face a fighter that is very quick. He was almost beaten by an old Loma and there are those who think that Loma was robbed during that fight because he was wobbled and Loma try to rally late in the fight.

But I do agree that this could be a chess match, Prograis trying to hit that one punch, and then Loma trying his best to avoid it. So who ever adapts and had a good ring IQ might win this fight.

I actually think that he is fast and we also know that guys who are more muscular and have a lot of muscles are generally not that fast. So I think Haney is going to be alright.

One thing that might be a problem is him not being very confident. As you said, he almost lost against Loma. That is definitely going to give his opponent more confidence. Prograis is definitely going to be harder to beat. Each of them has to predict what the other is going to do. That's the way both of them will be able to avoid the opponent effectively.

I don't know if Haney will feel inferior against Prograis. Loma is a different fighter than Prograis; in fact, Loma was included in the top pound-for-pound boxers in the world, so he is more popular compared to Prograis, whose name is relatively new despite being the current champion. So, I guess Haney still has the upper hand here; he is the more popular boxer, and I don't think he will face any problems with his performance in a higher weight class.
872  Economy / Gambling discussion / Re: [Boxing] Inoue vs Tapales for Unified Super Bantamweight Title - November on: September 25, 2023, 01:03:12 PM
I think there's nothing to be afraid of on Inoue's side; Casimero is not a champion and not even very popular right now because he lost his belt, so why not grant the fans' request?
There is to be afraid of because they know that Casimero can compete well against Inoue. If the fight happens, I'm sure it's going to be a championship bout, and Inoue will be putting his belt on the line. Imagine if Casimero wins; that would mean Inoue is no longer a champion and undefeated. Inoue might probably include a rematch clause to redeem himself, but what if Casimero beats him again? That could significantly impact Inoue's future, and people might stop talking about him. Currently, he is a very hyped fighter because of his achievements, so it gives a good opportunity for Casimero if this fight will materialize.
873  Other / Beginners & Help / Re: Quality over Quantity on: September 25, 2023, 08:28:10 AM
Recently I've seen alot of threads where people just jump into writing an incredible episode without putting their readers into consideration.
I'm not a fan of reading very long articles and most times I think some posts ought to be simplified and summarized to get ease of attention and from my observation,  it seems most users confuse quantity with quality and think, writing very long post simply means the post has quality  which is wrong.

I've seen very short and straight to the point post doing extremely  very well on the forum and people ought to them learn from  them.
A quality post is not by the a countless characters we write but some people assume that a quality post is base on a post that is meaningful and someone will learn from your response, and a quality post gives you a lecture and mostly when the conversation is involve technical questions and bitcoin development, from the four or three reply even a two lines reply can give you the answers of what you wanted, sometimes some of the long post doesn't rhythm in sentences and some of their point always be pointless
And most of those long post have countless errors as well that’s why I prefer to make a thread that is short but precise, as long as the message I want to relay is present, for me that’s good enough. However, there are also long post that deserve multiple merits, that even if the article is long, it’s still well explained and the readers can easily understand what’s the poster is pointing about. But my worries is that most of us here gets easily tired even by seeing a longer post, so just a piece of advice, always stick to your point so you can avoid writing unnecessary thoughts or ideas.
874  Bitcoin / Bitcoin Discussion / Re: Borrow to Buy Bitcoin is Not Advisable.Consider the Factors Before Doing That. on: September 25, 2023, 07:35:15 AM
I strongly agree with you! Borrowing money is always a risk, even if the sum is not large. As for BTC, the only strategy of making profit is long tem hodl, so if the money was borrowed, then the only way to pay the debt is to have another source of fiat income. And due to the fact that adoption level is still low, the situation looks like taking a loan to buy air. So, BTC should always be bought with money that is not borrowed.
Investment is risky and if you invest with your money, you must think of two things, loss and profit. What will you do if that investment leads to profit, it is easy in this case.

A harder thinking is what will you do if the investment causes a loss?
It's not easy to answer but before you start your investment, with your money, thinking about it is important. It is more seriously important if you borrow money to invest, because if you don't think of it, when loss comes, you will be in panic mode and make many bad decisions.

With your own money, no margin call, no loan repayment call, you even have to face with selling your coins if you don't have savings for expenses. So thinking about secondary plan, have savings for emergency. Investment does not always give you profit at any point of time.
Generally, investing into bitcoin using borrowed money is a big mistake. It could even lead you to your worst nightmare. Bitcoin is a high risk asset so if your goal is to accumulate some of it, never take a loan but use your spare money and do DCA instead. That way, you will store a lot of bitcoin in the future and make massive profits. However, if you really insist to take a loan, just make sure that you have a stable job that you can rely to pay your loan.
875  Other / Beginners & Help / Re: Seniors apply patience and kindness to newcomers on: September 24, 2023, 09:49:37 PM
I have concerns about the interactions between experienced members and newcomers in this forum. Occasionally, some experienced members can be quite harsh and may forget that newcomers are here to learn. While constructive corrections are beneficial, it's crucial to avoid using harsh or abusive language.

It's true that some posts from newcomers may be of low quality or show a lack of willingness to learn initially. However, I believe that giving them a chance and treating them with kindness is a reasonable approach.

I don't think that old and experienced members are harsh in dealing with the newbies. If they got criticized in their posts, probably newbies deserve that because they won't be learning in the first place if these experienced members will be very easy and ride their newbies sentiments. You should know that learning in the forum is never as easy as you think, and these old members are just molding these newbies so they will be brave and be more consistent in developing their own knowledge and attitude in the forum. Otherwise, they won't stand the highly unpredictable events that will suddenly hit the crypto market.
876  Economy / Trading Discussion / Re: Trading Psychology and tips on: September 24, 2023, 09:21:50 PM
It is easy to loose focus of what is important when trading. Making money which is the aim of being a trader is a good thing to have in mind as end result, but your focus as a trader should be faced on executing the strategy that you have formulated and executing it to perfection that you are then able to make profit as reward for the good strategy used. Traders who focus fully on making money instead of strategy will not enjoy the process of trading which is meant to be enjoyed and will not be able to easily observe when a strategy that they use is no longer as effective as it was.
Correct, anyone that becomes successful in almost any activity is concentrated more than anything on the process, as they know very well that if they do things correctly then sooner or later the good results will follow, while those that care only about the results will be happy they earned any money even if they made a lot of mistakes along the way, but when the process is so inconsistent and full of mistakes then the positive results will soon disappear and be replaced by negative results.
I think that's already given when you decide to be a trader. Trading is a game of knowledge and skills, and the more experienced you are, the bigger chances to become successful. So you should not trade only because it's known to give us remarkable profits, but we should trade because it is our passion and we become more enthusiastic to trade because of the challenges that we will face in trading.
877  Economy / Gambling discussion / Re: Betting significant amount on: September 24, 2023, 02:06:55 PM
I wouldn't recommend playing with your health when gambling.Of course we get excited when we expect to win and we like that, but we still need to take care of our health.You said that you take a higher risk to compensate if you can afford to lose a certain amount, but that doesn't always work.This can be more of a problem if you are often down on your luck.
I was not betting a significant amount of my money, I always tried to play with what I could afford to risk and when I lost I would use the rest of my money more sensibly by betting.

I guess it has nothing to do with our health though, of course it's important to us and we shouldn't take it for granted. But what the OP meant is the thrill here, it's like Bungee jumping or any other thrill sports. And you can see that there are people who enjoyed it.

As for this kind of method for gamblers, yeah, I also enjoyed this kind of adrenaline action specially in a land base casinos, it's going to be one on one, either you or the house are going to take the win and so it's very excited like in card games or even in roulette.
This excitement can sometimes affect you negatively and you can have troubled times with it. Of course, there is an excitement when betting and it would be better to experience this excitement on the spot rather than at peak levels. I once preferred to take bets with high adrenaline with this kind of entertainment, but I eventually decided that it was not a good thing, so I don't like taking such risks as much as I used to.
It's normal to get excited when gambling because if not, there's no sense in gambling if you are not thrilled. However, you have to ensure that you know how to control your excitement, and that you will not go beyond your limits in terms of bets, especially the amount you can afford to lose. Always stick with what you can afford to lose, because if you go beyond that, that's the time you will regret it. Without satisfaction, you will keep chasing both losses and winnings, but in the end, you will still lose since you don't have the advantage, the house own that.
878  Economy / Gambling discussion / Re: 2023 NBA Season on: September 24, 2023, 12:58:32 PM
Nobody could force Portland to make that trade if they do not want to, Dame was the one who accepted such a huge salary that he deserved but also a very long one. He is signed until 2026 or so I think, which means that when he was signing that deal, he knew that he would not be able to leave, and he had to accept it as a fact that Portland may not trade him at all. I feel like now him wanting out is not fair, they have paid him so much because they agreed on the money but also the term of the deal as well, maybe they would have offered less if he wanted a 1-2 year contract, who knows? Maybe they found it worthy because he agreed a long term deal and they made their decisions based on that? If he wants to leave, that's his right to want to leave, but if they want to keep him, then they have every right to not trade him.

Exactly. However, are they willing to accept what Lillard would offer knowing he is not 100% happy playing with the team? This is a team game, and Lillard is their superstar. What if his statistics drop? That would affect the future of the team, as they might not make it to the playoffs. So, I guess, although the Blazers might delay the inevitable, eventually they will trade Lillard to a team he desires. Miami will be eagerly waiting, as their current roster is still capable of reaching the Finals again.

Agree to that, it will affect the overall performances of the team if your main alpha is not playing at his best, along the way maybe Portland will find the suited offer for Dame then trade him to that team who will give them the best offer.

We can't dictate what will happen as there are many factors that may affect the trade and knowing this league
surprises are no longer new. We never know what will be the plan and how it will be executed.

In this situation, the management is at a disadvantage because if they oblige Lillard to play and he does play, they will have to pay him his salary. However, the question remains: will Lillard still perform at the same level as he did before he demanded to be traded? If not, then the Trail Blazers will risk losing fans, viewership, and revenue. That's the bigger picture I see if they continue to force Lillard to play.
879  Economy / Gambling discussion / Re: Zhang Vs Joyce II WBO Interim World Heavyweight Championship on: September 24, 2023, 12:11:10 PM

And if I'm going to describe the performance of Zhang, it's methodical, he just wait and stalk and see what Joyce will offer to him in the first couple of rounds. And after his read, he started to work, body shots to confused Joyce early and hit he target practice Joyce chin with that big right hand. I thought that it will be the uppercut that might closed the show, but still Zhang for the KO win.


I agree with your observation Joyce did not show something different, he concentrated on his defense but when Zhang started to hit the target he resorted to being himself going toe-to-toe hoping that would stop Zhang's offense, unfortunately, Zhang was prepared because he could take Joyce's power, Zhang speed and power could match Tyson Fury's style so it's going to be an exciting fight I hope this match materialize.
We love to see two big guys with almost the same style as they always say style makes a fight so a Tyson = Zhang fight is going to be worth watching.
The lack of head movement makes him vulnerable. Zhang's power was really evident right from the start, and he was very confident and smart, despite many people doubting him before the fight. So now that he retained the championship and beat Joyce twice, I think Joyce's career is already over. I would love to see him fight Tyson Fury; both are clever, but I think Fury would win easily.

Joyce thought that Zhang was just lucky when they first met, so he didn't make an adjustment. He was very slow, probably just relying on his power, but Zhang knows how to counter him. It's a pity that we didn't see this fight last longer; it ended early with a dominant win by Zhang. Last time it went 6 rounds, this time it was just 3 rounds. I think we need to see a unification fight because Zhang is already 40 years old and nearing retirement.
880  Other / Beginners & Help / Re: Should newbies invest with small capital in BTC on: September 23, 2023, 09:53:45 PM
Newbies have less knowledge on the market and are still not capable to invest and be in profits. Investing based on their own capability is crucial so if they start investing with a small amount, that is more acceptable so they can avoid losing too much especially that they are still starting to invest.
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