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861  Economy / Gambling discussion / Re: Online Gambling : Next Generation Challenges on: April 08, 2024, 12:55:56 PM
They seem to be bringing the multiplayer aspect of gaming to gambling. While there is no issue to this till you introduce the monetary aspect of it, more awareness needs to spread about how gambling is an addiction and a pathological one which is difficult to cure once it sets in. Bring in competition in the game and anyone will get addicted to it because it is human nature to show their own power in front of others. Casinos have been trying to glorify the top players on their leaderboards like this in last decade.

It all comes down to self-control and discipline. For those who are having good control over their urges will always survive over the rest.
862  Economy / Games and rounds / Re: 🃏JacksClub: ROUND 17 - BTC PRICE PREDICTION CONTEST $150 in BTC 🚀 on: April 07, 2024, 10:38:06 AM
    Jacks Club Username: TheUltraElite
    Prediction: $ 69,010

  • The top 6 closest predictions will be determined based on the BTC price on Coinmarketcap as of 3rd April 2024, at 10:00 UTC.
Nobody noticed the mistake in the OP there? Cheesy
863  Local / India / Re: [February 2024 Update] Indian Board activity on Bitcointalk on: April 07, 2024, 10:17:51 AM
I will not be active anymore on the local board as I feel this board is now being controlled by non Indians.
Sorry to hear that, I hope you are doing well after having suffered a ban from the community. I have been banned on other sites and I know how it feels coming back to the site after that.

Reminds me of the movie "The Shawshank Redemption" - a classic movie indeed.

But I hope you change your mind and come back to the section soon, your efforts never go in vain if you are consistent and determined in what you do.
864  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin Still Dead? on: April 07, 2024, 10:14:54 AM
Some people around me still call Bitcoin a scam. Lol, I don't want to spend time explaining it to them anymore. Let them live with their opinion like that when the world is changing. I don't see anything called a scam lasting for many more years like that.
Let people say what they want because they have a mouth and a keyboard and speech is never going to be taxed. Grin

We are one men armies here, trying to make some money in between our daily lives and if bitcoin is helping us let us make the most of it rather than listening to naysayers, be responsible when you invest and dont invest more than you can lose and you should be fine.

Let bitcoin be dead to them because we will dump on their heads when the price increases and they want to buy bitcoin.
865  Economy / Trading Discussion / Re: Pump Bitcoin over $70,000! on: April 07, 2024, 10:13:06 AM
Those who invested some amount in Bitcoin during the year of 2023 will be in more profit because that time the price was very lower and now once again it touched 69k$ and go ahead of it to touch 73k$ but currently it is 64k$ which is not a suitable price for selling but buying will bring more profit if someone made at 64k$.
70k might hit again but I am not betting on that, I will wait till bitcoin drops below 60k to buy again. Sometimes just waiting out helps better opportunities to present themselves in the market. It is a game of patience here and not regular trading.

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Altcoins investment is also good option and the risk can be overcome if Ethereum, BNB, Solana and some top coins become our preference. Taking risk in case of altcoin is necessary because if we avoid top coins then we cannot get  profit by choosing low value coin that disappear after one dump.
I would not venture beyond the top five coins, anything beyond that tend to go down after a while and dont manage to come back up at all. While there are coins that might and would shine in future, most of the coins are doing down in dumps for years. Bitcoin is way more safe, this is understood from the charts itself.
866  Economy / Gambling discussion / Re: stop the unnecessary blame on gambling whenever you get unlucky on: April 07, 2024, 10:06:51 AM
The choice to gamble is of the gambler itself. So anybody to blame in themselves. Now it is a common human defense mechanism to shift the blame on another person or object or concept. The moment a gambler realizes this, they will understand their mistake and stop gambling, which does not happen and they continue blaming others.

It is a vicious cycle and but it can be controlled right at the early stage with professional help. Luck does not come with superstition, it comes on its own and in gambling luck will only favor the casino and not the player.
867  Economy / Gambling / Re: House Edge on: April 07, 2024, 10:01:31 AM
Given that both platforms games are provably fair, I'm curious about the source of the discrepancy in house edge rates. Specifically, does the increased house edge at BCH.games stem solely from the monetary requirements to win (e.g., needing to roll above a 50.99 on BCH.games for a 2x win in Target)?
Provably fair and House Edge are not the same thing. Provably fair means that they site is not rigging the rolls and you can verify the games to be fair on your own. House edge is the casino's odds advantage over the players' odds.

A site which is provably fair does not necessarily need to be a low edge game. These are two different things.


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How does this variation in house edge impact other games like Mines, Tower, and Crash? Are the dynamics similar, or is there another mechanism at play influencing the difference in house edge between the two platforms?
Every game has a different house edge. Calculate that before you start playing, that should remove your confusion here.
868  Economy / Gambling / Re: Why not create a Gambling platform on Market narrative? on: April 07, 2024, 09:54:02 AM
There is a website called BetMoose and it is based on such topics like presidential election result, Oscar results, who will win some war (God Forbid). It is filled with Canadian locals from what I have understood and is not much famous in this forum.

However they have a ANN thread here - https://bitcointalk.org/index.php?topic=645747

Check them out - https://www.betmoose.com/

I guess they never got into promotional campaigns ever on this forum and hence they are not that popular. You never know they can start talking about Narratives there too.
869  Economy / Gambling / Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest on: April 07, 2024, 09:48:24 AM
- A few months ago, it was said around here that changing Freebitco's database would be too expensive.
It might be the case but the developers should look into this again. Segwit has been here for sometime and fees suddenly cranking up like a wave is nothing new, so this might help as a method to cut down fees during such times. However I cant speak for them for what the owners have in mind.

Since most of us have switched to SegWit wallets and the legacy wallets are lying there collecting dust, having to withdraw back to the legacy wallet and then send to the SegWit wallet is a two step process which can essentially be reduced to one.
870  Bitcoin / Bitcoin Discussion / Re: Would you advise a friend in the same way? on: April 06, 2024, 11:10:11 AM
You need to stop giving advice to other people be it friends of family. You are doing it out of your goodwill but people will take your for granted and pin their losses on your head.

I would only advice my close friends about what bitcoin is, how it works and how one can make money from it and keep themselves from the scams surrounding bitcoin. I would not ask them to invest their paternal company balance into bitcoin, that is suicide for many.

Always maintain a neutral stance when discussing financial concepts.
871  Other / Off-topic / Re: Land Based Casinos in the Digital Age on: April 06, 2024, 11:06:57 AM
In our country some land based casinos exist in one specific state and for that it has become a tourist attraction. People go there once a year to have fun and that I believe is acceptable. Not being an addict helps, you have fun and enjoy your time with friends and some good food and drinks and gamble at the same time. They have events happening everyday and hence it is an all gala evening.

That is the beauty of the land based casinos over the digital ones. The physical feel is there and the vibes are present. They will have a niche followership and continue to grow.
872  Economy / Scam Accusations / Re: Crypto scam on: April 05, 2024, 03:23:33 PM
Thanks all. I wanted to give crypto a try and I got scammed. No never again.
Sorry but you took the wrong method of trying out crypto. You were looking for quick gains and when your greed got over your head, you started making the logically wrong steps of depositing on a scam site and falling for the old "deposit to withdraw" trick.

The members of this forum are very active in speaking out against such scam and if you would have made a thread here about information regarding this site, I am sure many would have chimed in with their comments and your money would have been saved.

If you quit now, you are going to leaving out on this upcoming and developing financial sector, but ultimately it is your choice and decision to make. It is just that I feel bad seeing someone get left out form crypto just because of their own mistake.
873  Economy / Gambling discussion / Re: What is your worst nightmare in a casino? on: April 05, 2024, 03:19:10 PM
I remember the first time I submitted my passport as one of the KYC documents, I was really concerned but then, it meant that I either submitted it or let go of the amount I won from the slot game.
Inherent risk of having our money held at ransom at the cost of our personal documents. Indeed such things are bad things about online casinos and I dont see any good way out from this situation. The worse thing is that it can happen with anybody, but law abiding citizens are usually not getting into trouble, but you never know.

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Do you think a way to reduce the probability of this risk is to stick to only 2 or max 3 crypto gambling websites since using more than of these websites means that you are exposed to more risk of your data being leaked?
It does not make any difference in my opinion. One site getting leaked is enough to get your info on the dark net and to those who need it for unscrupulous needs.

Best thing would be to avoid gambling, which is possible but difficult for the members of this forum. Cheesy
874  Economy / Gambling discussion / Re: Going all in and losing the bet on: April 05, 2024, 03:14:00 PM
The All-in/Max-bet button is also known as the rage-quit button in many casino troll boxes and it does work that same way as well. Grin

You see, whenever a gamble is raging over their losses specially in an EV- game they will attempt to do their level best in trying to win back what they lost. This is fueled by the fact that they are guilty of their own actions and also because they dont want to return empty handed. So the chance that they are willing to take with their money by giving it a final stand is through the all-in button.

Of course this has rarely ever lead to a recovery, but losses only. Try your best to ignore that button as much as possible.
875  Economy / Gambling discussion / Re: Gambling friendly countries on: April 04, 2024, 01:52:27 PM
I can relocate to avoid war, I can relocate because of my business, I know someone who relocated because of crypto mining, he is a friend from China and he moved into an African country, these are worthy because you keep on making that money like you always do, but not in gambling.
A logical explanation indeed. With gambling the only way to make money would be to be the casino, so if the OP has the intent of owning or building a casino there, by all means go forward with it, I would even invest in it if they are able to follow through. But playing there just to avoid the taxes in other countries does not sound so bright.

The thought process of gamblers need to change from being a degen to being the person who creates more degens who will pay you, thats business. Cheesy
876  Economy / Gambling discussion / Re: Investing in casinos: Still a thing? on: April 04, 2024, 01:47:35 PM
Though, since we are talking about something I read more than five years ago, I cannot say whether it is 100 percent accurate or not.
Freebitcoin would be a better casino if they also gave some love/attention to their user interface in my opinion, it looks a little bit outdated for my personal taste.
When it comes to investment schemes, none of the new casinos allow it. Previous casinos back in the day like YOLOdice, Just-dice and so on where accepting investments and were very much engaged in the community here for getting investors. Those days are gone now and most casinos only have their owners investing and not opening to public. Hence the ones who still accept will be a bit outdated - old is gold here.

You would have to message Leo to see if BAB and Bustadice are still accepting investments. After the sale of both, he might have made a couple changes.
They are accepting like always.

And I closed my investment in bitvest in 3months, I dont what they are doing wrong, but I seem to be giving away more than what I am making there.
877  Bitcoin / Bitcoin Discussion / Re: What's the view of an average citizen About crypto currencies on: April 04, 2024, 01:43:10 PM
This is what often happens among the public, lack of information about Bitcoin and continuing to have opinions about Bitcoin, so that sometimes and even makes Bitcoin look scary with the risk of losing it,
Bitcoin is something of an enigma to the common people and those who have no exposure to it. But we as a community can help people understand and demystify this enigma to a simpler form without going too much into technical details. That can increase the acceptance and use of crypto but a big impact would be the government's stance on crypto because people fear legal troubles when investing their hard earned money.

There are people who are staying away from crypto but the reason for same needs to be clarified first and then we can tackle those points better.
878  Economy / Economics / Re: Irresponsible spenders consumes their retirement resources and losses values. on: April 03, 2024, 05:11:55 PM
There could be a lot of reasons of why that person acted like that, not going into those details, I think we should let people be as they are, because we dont know what they have gone through.

We might be completely right or grossly mistaken on our assessment on the internet here. Let them spend but we should focus on what we spend and try to moderate that. Dont use this person as an example of how people commonly spend because they dont, most people are getting careful of spending and saving than ever before.
879  Economy / Gambling discussion / Re: Can you stake on a potential(obvious) loosing team just for love? on: April 03, 2024, 05:04:38 PM
yeah right, better to stop betting and just enjoy the game with good food and acquiantance, right? kidding. Of course we can't do that because it's more exciting to watch the game and supporting a team with some top up bet amount, so you have something to look forward at the end of the game but we need to be more cautious on the possible outcome of the game and don't expect something from the team that you support, just enjoy in your seat while having a bet.
Yeah no kidding there, gambling is serious business and when there is money involved, you need to have back up predictions to run that bet and not just your own fanaticism to blind you. If a person is being serious about their bets they would not take sides but go with their prediction homework.

Like I said, this the thing that has led to sports betting over the years to evolve into what it is today. So we cant deny the link between two, of course it exists and it exists in a bad way only the make the person lose money if not careful to get carried away by emotions.
880  Economy / Trading Discussion / Re: Anxiety in trading (heart disease) on: April 03, 2024, 05:00:18 PM
Traders who are afraid of experiencing losses are traders who do not fully understand how trading works, all traders must have experienced losses either because they were inexperienced or made the wrong decision or also because the market moved in the opposite direction very quickly.
Dummy trading helps to minimize these losses before real time trading begins. Most people dont use it at all or are not patient enough to do it.

In trading one will always face some losses. But speaking of spot trading these are only conversions of one coin to another and hence you always have some asset to sell in the market. In futures and margin you will completely lose money if you dont know what you are doing with it.

Hence spot is always safer than the rest. But the risk takers will prefer the other modes.
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