Bitcoin Forum
May 23, 2024, 11:55:35 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 [47] 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 ... 309 »
921  Economy / Gambling discussion / Re: Deposit limits on: August 09, 2023, 05:16:21 PM
This is how it is on gambling sites:

Quote
Many of our customers use Deposit Limits to manage their spending. Limits can be set for a 24 hour, 7 day or 30 day period and cannot be overridden

You can decrease your Deposit Limits at any time and this will be applied immediately.

Before increasing your Deposit Limits carefully consider if you can afford to do so. Never decide to increase your limit because you have lost money and think that you will win it back by gambling more. If you wish to increase a limit you will need to wait 24 hours before we action your request and then return to our site to confirm that you still want to increase it.

I quoted it from a gambling site.

This is just an evidence that their is nothing called deposit limit. Assuming you set it to 7 or 30 days and you set it to $100. Once you bet and lose the $100, you can wait for 24 hours to increase it above $100.

Without discipline yourself, you will increase the limit and gamble more. I have been into gambling for many years, this is one of the problem I have faced before.

But for people that gamble daily, setting a daily limit can be helpful. It is the only one that is useful.

So they can be overridden, it just takes a window of time - which is still good for the purpose they are intending. What I'd like to see is a bit more emphasis on the amount being spent rather than just the time period. Often you'll find a gambler will escalate in a exponential way, so if they lose control one day they might go from a $100 regular spend to dropping $2,000 when they're in a bad cycle. In such a scenario, it would be better if they could only double their previous days spend, which would force them to spread their betting across 5 days before they could spend that amount. Maybe even a sliding scale back down to prevent it staying much higher than their average spend.
922  Economy / Economics / Re: Jeddah summit, what to expect from the outcome ? on: August 08, 2023, 09:38:46 PM
As you know, on the initiative of the Crown Prince of Saudi Arabia Mohammed bin Salman, a summit was organized in Jeddah. The aim of the issue is to find ways and adopt agreements to stop the terrorist war unleashed by Russia in Ukraine.
The summit is attended by :
From Europe came representatives from Bulgaria, Britain, Denmark, Estonia, Spain, Italy, Latvia, Lithuania, Netherlands, Germany, Norway, Poland, Romania, Slovakia, Czech Republic, Finland, France, Spain, Sweden and the EU as a union;
From the Middle East and Asia - Saudi Arabia, Australia, Bahrain, India, Jordan, Kuwait, Kuwait, Qatar, Union of Comoros, China, Korea, Turkey, Japan;
Africa - Egypt, South Africa;
North America - Canada and the United States;
From South America - Argentina, Brazil, Chile, and the UN as an organization.

Russia tried to "ask" to the summit, but was expectedly sent on an erotic journey", which is expected - who will discuss and agree with the criminal on ways to punish him ?!! Smiley

Before the summit, some invited countries began to openly show their role as "the Kremlin's lapdog" and tried to extort an invitation from Russia. The answer was simple - "either you silently come or do not participate". Everyone who tried to be hysterical came Smiley

The results, was adopted UNANIMOUSLY: Territorial integrity of Ukraine ! Diplomats agreed to form working groups on the key topics of President Vladimir Zelensky's 10-point peace formula. This means that the summit reached agreement on respect for Ukraine's territorial integrity and sovereignty, as well as the supremacy of the UN Charter.
And now, the 10 points themselves:
1. Radiation and nuclear safety;
2. Food security;
3. Energy security;
4. release of all prisoners and deportees;
5. Implementation of the UN Charter and restoration of territorial integrity and world order;
6. Withdrawal of Russian troops and cessation of hostilities;
7. Return of justice, i.e. tribunal for those guilty of aggression and compensation for damages;
8. Countering ecocide;
9. Security guarantees for Ukraine to prevent escalation;
10. Fixing the end of the war.

I emphasize that all participants of the summit voted for it, including those who a couple of days ago tried to somehow save the Kremlin idea and their "face".

Read carefully the 10 points presented, the list of participants - and share your expectations on the development of the situation ?

The key nbans is that even his "friends" are tired of russia's idiocy and terror. Plus, Saudi Arabia has experience in the 80s when they collapsed the world price of oil, in addition to sanctions against the USSR, which killed that vile under-imperialized empire in literally 10 years.

I also assume that this is a great chance for Mohammed bin Salman to shed some unpleasant "status". He can go for a "world deal" where he will "pay back" some of his deeds of the recent past with the right actions, and return as a full-fledged participant of the world community !

Your opinion ?


I expect exactly zero to be achieved by any peace initiative conducted by Saudi Arabia. Let's not forget they're currently conducting a war against their neighbor to the south and the Houthi's residing there, maybe they should focus their attention to resolving this war of their own making. Let's also remember that Saudi Arabia contributed to the lowering of dignity worldwide by conducting an assassination of a journalist in their embassy in Turkey, in one of the most barbaric ways possible. They have zero moral high ground and nobody pays them the slightest bit of attention except for the vast reserves of cheap oil they can produce. They have very little in the way of respectable culture and while they are welcome to try for peace, it would be much better if they came out and declared that they are completely against this invasion caused completely by Russia and assist in the sanctions against it, including pressuring the emirates which have become a base for lots of Russian money.
923  Other / Off-topic / Re: Keeping your gambling habit a secret. on: August 08, 2023, 08:45:37 PM
We live in a society where people have different views about something and these views could be drawn based on different constituent like personal sentiment, religion, ideology and experience. And speaking of gamble there are those that view it as an irresponsible activity to embark on and whoever is into it is tag as irresponsible guy, for some it beyond being irresponsible but a sin something that is evil,  while some others out of an ugly experience of a loved one that got ruined by it due to extreme addiction.

These factors has made a number of gamblers to keep their gambling habit a secret doing all they could not to let friends and family  know they gamble. And it does seem like they ain't proud of what they're doing.

But why continue in what you're not proud of by keeping it secret cause maybe you're worried about what people may say, how their thoughts about your person might change. Or how you might loose ties with someone you hold dear to. And many other reasons that follows.

Those that keep their gambling habit a secret is it that they're not proud of what they are doing?.

Many religions specifically target and state that gambling is a vice to avoid. With many countries and people around the world still following religion, you can understand why some people choose to hide it but it also reeks of hypocrisy when those same secret gamblers would preach about everything else in their daily life. I've seen it many times and usually find that those who follow religion struggle to reconcile all these opposing forces put on them in daily life, which then get manifested in other directions - like stress or volatile attitudes. The trouble is that religion gives no room for maneuver or re-evaluation, a complete lack of critical thought, so they will forever be trapped in that paradox - the saddest part being they will breed it into their children so the cycle of confusion and self deception continues for many generations.
924  Economy / Economics / Re: Is the market still profitable for new projects? on: August 08, 2023, 08:29:14 PM
Given the crowding of the market with hundreds of new projects and the emergence of new services or companies every day, I think that the number of investors or users of these services does not correspond to this large increase.

So my question is: is this market still profitable for new projects?

Are you talking about cryptocurrency projects or what? You seem to be talking nonsense and contradict yourself in the first couple sentences. The world of business is forever changing, adapting and innovating new ideas every single day. Some businesses are very cheap to setup and run, requiring little overhead or costs - like people selling products on eBay or Etsy that they may have crafted themselves or bought from suppliers in bulk. Tech business often has fairly low barriers to entry, buy a domain and set your website up. Investors is such a broad term it is almost meaningless, almost everyone in most developed countries have pensions that own shares in many businesses via index funds. What evidence do you have of a "large increase" in new services or companies, because it is in constant flux but you've made a wild leap out of nowhere.
925  Economy / Gambling discussion / Re: Reckless gambling starts after a win round. on: August 08, 2023, 08:16:58 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.


For most people the act of gambling, in the many forms it is dressed up in, is taking a risk with your money in return to the possibility of getting more money back. You're right that without playing the game and actively winning, it would be a huge discouragement to continuing to gamble. A normal person is able to take that feeling of sadness you get from "wasting" money, or not winning, and they register an active decision not to do it again in many cases. However some individuals may actually feel offended, they have trouble processing the feeling of rejection or the fact that they are stupid for having started with money and left with none, so they may choose to chase losses even further - but probability and casino program manipulation are more likely to give them a win in the early stages anyway.
926  Economy / Economics / Re: Would you rather start/grow a business from scratch or buy an existing business? on: August 07, 2023, 09:52:20 PM
I don't really have much to say as regards to this post. It is just an avenue to hear your thoughts on which is better to invest both time, energy and resources in, mostly for a season as this, where we are experiencing economic uncertainty and ill-timed government banking policies.

So, given that the resources are available or not and you are presented with the opportunity to start/grow or buy an existing business just like Elon Musk, which option is more preferential and benefitial to you?

It's usually very difficult, with a lot of stress and mistakes made in building a new business from the ground up, with many failing along the way. There is no guarantee it will work, or it might just be the right idea at the wrong time. All sorts of external threats could take it down, but the one advantage that you will usually gain is learning the market surrounding it inside and out. This allows you to know about pitfalls or profitability in certain areas that you only tend to gain from first hand experience. If you buy into a company then those sort of mistakes may have been learned in the past but might cost you an expensive lesson to figure out yourself. You better be damn sure that you know about how the company makes a profit, because all sorts of tricks and frauds exist out there by sellers.
927  Economy / Gambling / Re: Why don't land-based casinos have an online version? on: August 07, 2023, 09:15:39 PM
I wonder why real or land based casinos are not offering a virtual or online version of their casino ( I never seen one yet). If they can afford to open a physical casino it seems easy for them to invest in a virtual one as well, possibly combining both to create an experience similar to what Evolution Gaming offers.
And if you are asking why i thought about this it’s simply because by doing it they can expand their business to reach and provide a more reliable and trustworthy platform for gamblers. Just recently we have seen unfortunate cases where online casinos have scammed users and disappeared with their deposits, often due to unknown teams and creators behind these platforms

If you think about America for example, it was only relatively recently that they started to open up online gambling again because they had it banned for quite some time. This means that many casinos are in a rush for online real estate right now that laws are being relaxed across states. Previously if people in the US wanted to gamble then it was a trip to Vegas as one of the most lenient places, which is why it was able to produce such a reputation and get a cluster of mega size casinos. In many other countries in the world where it's legal you will find that physical casinos have an online counterpart which will take in bets, however it might not be named the same because a lot of good online domains have been taken
928  Economy / Economics / Re: New Research found Work from home workers to be less productive on: August 07, 2023, 09:09:15 PM
Quote
A study published by the American private nonprofit research organization the National Bureau of Economic Research found that the productivity of workers randomly assigned to work from home was 18% lower than that of those in the office.
https://africa.businessinsider.com/careers/new-research-finds-that-fully-remote-workers-are-less-productive-than-their-in-office/4vxn4sy
These researchers found that if you work from home you will be less efficient and productive than people who from their office. Can we say the same about freelance workers?  Do you think that if workers are given the chance to "own" a task like freelancers they'll be more productive because it is just like being self-employed where you treat it as your business and not with the mindset of another man's business?

In my experience this has definitely been the case, there are all sorts of reasons for this drop in productivity - distractions, or even working longer hours but not actually creating quality work, to lack of socializing or having colleagues in the most accessible environment. I've also seen reduced productivity from other people and it can go to the extreme where they end up in a state of denial themselves, thinking that they are producing good content but actually disappearing for a working day and being less accountable. It's good to see a bit of research backing up this position, but freelance workers are definitely a different breed. Some people genuinely can work in such conditions but they are rarer than most.
929  Economy / Gambling discussion / Re: Greed can cause a lost bet, (true or false) on: August 06, 2023, 09:53:12 PM
Last 2 night I signed up to an online bet called betking (become a KING) and I bet a virtual stake with 1700 naira to win 1,438,540.92 naira, but the game was lost and the bet that made it to lost was the last one I added, before I added the last one that made the winning to be this amount, I was having double thoughts like should I make the winning a random figure 1.5 million or I should stake it at 1.3? But out of greed I refused to bet the game at 1.3 and I added the one that lost the bet, what a pity?
Greed is one thing that gets some game lost, the stake we are supposed to win out of greed we add another that get the game lost.
Out of my own experience I have learnt my lessons, but I don't believe that this opportunity might ever come again because I don't bet often, on a second thought this my story is what makes some people put more interest on gambling.

The trouble is you thought you saw a pattern or some sort of logic in your betting pattern that simply did not exist. Each bet in independent of any other bet and it's all driven by random algorithm that is weighted, as advertised, towards the house. They don't even need to use any sort of trickery or rig the games in any way, it comes down to simple mathematical odds that will enable them to win over the long run. They also know that most gambles are much more likely to run their deposit balance down to zero rather than withdraw less money than they deposited. However they might seek to tantalize you with wins at strategic times, if they think that it can entice you to bet more, as ultimately they do have control of the whole backend system and can engineer it however they like.
930  Economy / Economics / Re: Europe unemployment rate hits record low, employment record up on: August 06, 2023, 09:41:40 PM
I guess some will ask why I mentioned both, and that is because record-low unemployment doesn't really mean that few people are out of a job, it might mean that they simply don't care about finding one so they are not in the statistics. And here is where the employment level comes into place.

So, I'm sure that everyone knows Europe is doomed, we're out of gas, 90% of our companies are bankrupt, we've frozen to death last time, our GDP is down by 99%, the euro is worthless and we have eaten our last hamster but in reality:

Europe has broken all 20 years' records, in both the lowest unemployment level and in the percentage of citizens employed.

And it doesn't stop here, from 10 years ago in 2013 the number of people with a job has grown from 181 million to 197 million, that's 18 million more workers and jobs in a decade!
On top of that, we have to add to this 3.5 million work permits issued this year for foreigners that want to work in this craphole called EU.

Can't wait to see the usual Russian muppets trying to twist this as being bad!

It's a pretty amazing situation and shows how powerful this economic bloc is becoming, that they can provide employment for a record number of people. More employment means less crime in the end, as people are spending their time being productive members of society. However most people know there is an economic cycle and we are on the positive side of it at the moment, long may it continue. It's maybe a bit of a surprise if you consider that Russia created the first war in Europe since World War 2 and the rest of the continent is carrying on regardless, even faced with additional cost pressures partly caused by that. Oil prices coming down a bit has helped lately, but it's all a rather fine balancing act and any big shock could change it up again.
931  Economy / Gambling discussion / Re: Legality of Online Gambling in Different Countries on: August 06, 2023, 03:43:57 PM
Where Can You Bet Online?

States in the U.S. that allow online gambling
The above states have different tax laws, meaning you will pay a different tax if you bet in Kansas than if you bet in Michigan. If you decide to wager in any of the above states, make sure you know how much taxes you will pay.

Also, some states allow in person betting but not online, which is why a state like Washington isn’t on the list. It’s not clear if Washington is allowing online gambling, which is another issue.

Because the gambling laws in each state are different, it’s difficult to know the exact laws for each state.

Nations that have allowed offshore online gambling for more than a decade
Belize
Curacao
Panama
Antigua & Barbuda
Costa Rica
If you’ve gambled online before, there’s a good chance you’ve bet in a sportsbook or online casino that has a license from one of the above nations.

All nations listed above have good reputations for providing licenses to legit sportsbooks and online casinos. Costa Rica, especially, has licensed legitimate online sportsbooks and casinos.

This is more like a list of all American states that allow gambling along with a few other countries, but it's missing a huge amount of actual countries where gambling is allowed. Like the UK and vast amounts of Europe. The small list of other countries is more like jurisdictions for sale that allow you to set up a licensed casino for a fee. It would probably have been easier to list the states where it is not allowed. It would be better to know more specifics of the different state laws if they are substantial, but frankly the whole US system is a mess and it'd be better if they legalized it at a single federal level instead of having so much difference across the country and a race to the bottom.
932  Economy / Economics / Re: Inflation overpowers the value of money on: August 06, 2023, 03:32:19 PM
Lack of purchasing power which is caused by inflation is encouraging economic uncertainty, and this is because many nations has been found wanting in production capacity, instead they encourage importation of consumable goods from other countries, the country involved will therefore put up a policy, that will compel the consumer country to exchange there currency to the currency of the country, they are purchasing from, this will further weaken and stagnate there currency to trigger high inflation rate.

The causes of high inflation can be attributed to the following:
1. Excessive Government borrowing
2. Unwanted and unstable domestic policy
3. Unsatisfiable or lack of domestic production

1. Excessive Government borrowing: the government of many nations has seen borrowing as a norm, there accumulated debts requires generation to come, to service, this is common in African countries where the government borrow funds not for establishing an asset or building an institution that can generate generate revenue, for them to either service existing debts and build more infrastructures, they prefer borrowing funds for either embezzling it or using it for things that are not accounted for.
They do this without minding the consequences that may be accompanied with this act, at the end countries like this dips in high level of inflation and valueless currency.

2. Unwanted and unstable government policy: the government policy most times are unfriendly and it is repeatedly done, just for example allowing the importation of already existing good to there country, instead of boosting the production of such goods to meet it's citizens consumption.

3.lack of domestic production: government of many countries practically don't have anything to offer, the keep on wasting the little resources available to their reach, failing to encourage local production, the government should look into locally made goods, this will avail them the opportunity to do business with countries that are interested in the product and services, as the case may be, they should make it their priority to lure local investor, reach a compromise with them, allow them to produce at a minimal taxing rate, this will enhance the domestic needs of the country, No doubt we need each to survive but not in everything.

You could argue that all the levers that are available to central banks have assisted certain countries in being able to contain and fight inflation/deflation in the past, so it's not necessarily a bad thing or uncontrollable thing. You could argue that government policy is similar to the policy of the foundations that look after certain cryptocurrencies, so they are not immune to outside influence either. Plus they will forever be at risk of the 51% attack, which is not a problem while it's popular but could face problems when popularity wanes.
933  Economy / Gambling discussion / Re: Quit gamble! Easy or Hard? Let's talk. on: August 06, 2023, 03:25:53 PM
Boys. It is time to quit gamble. I created a topic about taking gambling as a major income or not and fought a lot of kind people who held an opposite point. I own them a truly apology. I am sorry. No matter who you are, gambling is only for fun. Never take it as income at anytime. If you are still gambling, you should quit now. If you cannot quit by yourself, there are so many channels to help you. Even you can talk to me. I will do my best to help you.


Just some chemical reaction happened in my mind today, I get the point at that moment. Gambling for income is totally wrong and toxic for spirit and body. You will never be successful in that way. But I like gamble is still the fact and it will never change if doing nothing. So, why not open a stream and show it to all people who have interest on that. Let me prove how hard or easy to quit gamble. I will only gamble the affordable fund only. Maybe less. I am streaming 24/7. If some software problems disrupt, I will fix that except sleeping time.

Update 1
Boys. You can't imagine how relax I am when decide to quit gamble. Here is the way. I will stream all my gambling behavior with recording. No stream No gamble. If you are going through the same situation, join me. You will obtain a new life.


Like many addictions out there which are not substance based, gambling is much more about the habits formed and somewhat about the endorphin kick that is triggered from winning free money. Like a drug junkie chasing their next high, or to try to get higher than ever before, a gambler is constantly seeking that happiness buzz they get from winning. Casino's build a whole psychology around it, with all the little triggers and prompts when you're playing that reinforce this behaviour so you deposit more.
934  Economy / Economics / Re: Russian ruble is scam on: August 05, 2023, 08:46:36 AM
Over the past 123 years, the Russian ruble has defaulted three times. What is the probability of a fourth default?

The Ruble is probably more protected that previous situations, because Putin made an active attempt to build up reserves and cut as much debt as possible before he decided on the disastrous attempt at invading Ukraine. However the world has only become more globalized in the last few decades, so it's impossible to cut off ties completely and ultimately nobody now wants to touch the ruble at all. That means in order to trade and buy exports from other countries, they have to offer other things or a very unfavorable rate, if they can even get past the sanctions that are currently imposed. At the moment the Russian economy is slowly disintegrating and the reserves have pretty much disappeared. Instead of selling at premium rates to their next door neighbors, they are having to accept dismal trades and cover long distance transport costs too.
935  Economy / Gambling discussion / Re: Anonymity is no longer a benefit of gambling with cryptocurrency. on: August 04, 2023, 10:05:07 PM
I was reading and I saw something that I would have agreed with before, but not anymore because of how much things have changed in the crypto gambling.

Quote
Faster and more secure transactions: Crypto transactions are processed much faster than traditional bank transfers, and they are also more secure.
   
Anonymity: Crypto casinos allow players to remain anonymous, which is appealing to some players.
   
Wider variety of games: Crypto casinos offer a wider variety of games than traditional online casinos.
   
More generous bonuses: Crypto casinos often offer more generous bonuses than traditional online casinos.



Because of KYC verification which is now done by most crypto casino to know the people who gamble on their casino, I think anonymity is no longer a benefit of gambling with cryptocurrency in crypto casino.

Am i wrong to think that this information on the internet needs to be updated.

I don't even think it's true that crypto casinos are offering better bonuses than fiat currency casinos, it would be nice to see some sort of evidence on the subject instead of a baseless claim. They definitely have a lot of money to throw around, so it isn't impossible, but you'll tend to find that fiat casinos have a much wider customer base and that gives them a wider ability to "give away" promotions like that because it's easier for new customers to sign up. Anonymity was never going to survive very long if Bitcoin is to enter the mainstream more and more, financial regulators will not and cannot allow that to happen, because it undermines the whole tax collection system among many other things.
936  Economy / Economics / Re: Are short-term rentals to blame for the lack of housing? on: August 04, 2023, 09:15:17 PM
I've been inactive for quite a while because I'm in the process of renting a house. I don't know how easy it is in other countries, but here, it's an extremely time-consuming and nerve-racking process. I spent more than a week in the streets without any success.

I know for a fact that many tourist-oriented cities across Europe are facing similar issues due to the increasing supply of Airbnbs and the increase in digital nomads over the years. This is rendering the situation uninhabitable for local residents, who have to face the constantly increasing rents because homeowners prefer to rent to tourists and digital nomads, who have a much higher spending capability. On the one hand, from homeowners' points of view, it's understandable; they want to make the most out of their property, but on the other hand, locals will ultimately be forced to leave the city or live in poor conditions.

For instance, a typical example of how much remote working has spread in Europe and Greece specifically is the following: The official digital nomads Facebook group used to have less than 5,000 users approximately a year ago; now it has over 34,000, which doesn't necessarily mean that all these people live in Greece and work remotely, but I'm trying to emphasize how broader the issue is for locals because there's an increasing interest in short-term rentals. I remember a few years ago, the local newspaper was filled with housing listings, but after the introduction of Airbnb and short-term rentals, this has changed. Not only is there a lack of housing due to the increasing demand and the constantly decreasing supply, but those that are available are too expensive and, in some cases, unsuitable to live in due to how small and improvised they are. My previous apartment was in the basement and suffered from serious humidity and mold issues.

The average rent for a one-bedroom apartment in my area is about €400, which is still far from being perfect or ideal, often lacking basic utilities such as proper heating or a solar water heater, which is a must for the 300 days a year of sunshine we have. I know that compared to other European cities, this amount of money sounds insignificant, but when the average salary is approximately €700, you can wish yourself good luck living alone. No wonder almost half of the population aged between 18 and 25 still lives with their parents.

In my opinion, it's doubtful that this situation is going to improve anytime soon. Touristic cities are bound to suffer from a lack of available housing for long-term rental, and Airbnb can no longer be regulated in order to create a balance between locals and tourists. What do you think can be done in such cases, and what would you do on a personal level? Move out, stick to paying an extreme amount for housing, or live in a substandard apartment hoping to find something better in the future?

It's unfair to put all the blame for this problem at the shoes of any one group and it can be an extremely dynamic situation. Short term lets may be the problem with housing in certain cities or smaller areas, but ultimately it is a failure of regulation. In a free market you have to accept that these sort of situations will occur, only by government tweaking the incentives and penalties will you be able to counter this activity. If a landlord can make three or five times the amount from selling a short term let, which they're able to fill up, then that should be their choice but they should pay a much higher penalty if there is evidence that they are distorting the makeup of the surrounding area substantially due to this expensive rental service.
937  Economy / Gambling discussion / Re: It's safe to say - gambling is a guy thing. on: August 03, 2023, 08:19:48 PM
Hey y'all...Seriously, I've been having this running through my mind.. maybe it's been discussed but this is on a diverse objective.
Why is it that we tend to have alot of men inclined and addicted to gambling than women? Is there any mystery guiding that?
I mean, You ain't gonna telme that everyone isn't roofed by this economic crises - both gender to speak of - so what's so special about men gambling?? Alot of cases has been reported several times too - and y'all end up realizing that MEN are usually involved in very many critical cases... What's that validating? That men are really taking the whole thing personal??

Sandra 🧑‍🦰

There are so many subtle influences and there is not one particular reason for it. You could say that women are more sensible with money, in many cases they have other commitments that come first, in the past they have earned a fair chunk less than men so had less disposable income - which they might also choose to spend on things like fashion or beauty instead of frittering it away for a quick buzz. If we're talking about sports betting, there are plenty of women who watch sport but it's still considerably less than men, they're also more likely to be just watching the prime sports instead of things like horse racing. Collectively it just creates a whole bunch of reasons for the behavior you've observed.
938  Economy / Economics / Re: How Long in Years Should I Wait Before I Close Down an Unprofitable Business on: August 03, 2023, 07:25:52 PM
How long in years should I go before I give up and close down a business that is unprofitable?

I was listening to a podcast where Kelvin O'Neal1 was featured. He said, "If you are not making money after 36months(3 years), you've gotta take a behind the barn and shoot it. It's just a hobby. It's not a business."

According to him, "people can get so stuck on a bad idea that they just keep thinking that if I keep working on it, it's going to fix itself. It doesn't fix itself. It was put on your journey to teach you, what not to do."

- To what extent do you agree or disagree with this assertion ?

-Have you had a business that even though it wasn't profitable in the first three (3) years, then it  kicked off to bring in good returns in the fourth (4th) year?

3 years does seem like a long enough time to determine whether a business is profitable and whether you have the right passion to sustain it over the long run. It's far too easy, especially in the age of internet businesses, to leave a business running as a zombie or barely breaking profit. Sometimes it can be hard as the business owner to admit to yourself that a lot of invested time and money was potentially wasted along the way, if it is unable to sustain itself or see a bright enough future to keep going. However it can be freeing once the process has ended and you can start to heal again, maybe choosing a different idea or building up savings again by working for someone else.
939  Economy / Gambling discussion / Re: Do wager affect outcomes in any provably fair games on: August 03, 2023, 07:17:39 PM
I noticed that when I start to play games like keno, limbo, dice, etc. First some bets don't hit and after wagering some percentage of my balance it starts to hit,
How it works? like when we wager we have more probability to hit win, anyone noticed this? Do you know how it works and what is the calculation behind it?, do server sends outcomes by checking our wager?

Casinos have spent decades, if not centuries, researching and optimizing many various psychological tricks that will entice players into spend more money with them. Every day they have vast pools of additional data to mine through and determine the patterns that an average player will take in all aspects of their account ownership. The flashy games and special promotions are all part of the act, but they are doing their best to manipulate you into spending more and luring you with false promises of victory. Even without any mechanisms that might be manipulating you automatically in the background, the simple fact is that every single bet is independent of the others and each one is weighted towards the house, so they always win in the end - they are completely upfront about the RTP percentage.
940  Economy / Economics / Re: Am I a bad person if I manage to avoid taxes? (Hypothetical question) on: August 02, 2023, 08:33:29 PM
It's just a hypothetical question and says nothing about me. I decided to open thread with this question for a lot of reasons which I'll explain down below.

If you think about inflation, taxes and your salary at the same time, you'll understand how the government eats you alive. Let's start with the fact that იf you live in Europe and have a normal salary, you have to leave almost half of it in taxes. Then, when you want to go for shopping and buy something in store, including food, clothes, technics, etc, you have pay your taxes of those items with already taxed money. Then, the store owner has to pay taxes of the income his store generated. Distributors, who deliver things to these stores, have to pay taxes too. Then there are vehicle taxes, property taxes. So, absolutely everything is taxed and on top of that, our salary is taxed and even on top of that, we experience inflation. This is not fair!

So, my legitimate question is, after all the robbery, a person, who doesn't pay taxes, is a bad person for the society or not? More likely I want to get answer from those whose countries have a model similar of European healthcare and employment insurance.

If all was equal and correct in the world, everyone would be "sharing the burden" by paying their fair share of taxes. However we all know that the richer people get, the more they are able to engineer elaborate schemes to avoid paying tax. It's a very difficult question for that reason, the answer should be that the richer pay more tax and are properly policed to stop them doing jurisdiction shopping for their vast piles of money, relying on the places that make them pay small or sometimes even no taxes at all. However when you live in a developed society and things are functioning properly, those taxes should be going to things like roads/infrastructure/emergency services and other things.
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 [47] 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 ... 309 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!