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921  Economy / Games and rounds / Re: Sherbet.com 🍭Weekly Bitcoin Price Prediction | Round#9 | Prize Pool $250 in BTC on: December 06, 2023, 02:26:25 PM
Sherbet username: TheUltraElite
Prediction: $43324
922  Local / India / Re: Which of the following P2P exchange you trust? on: December 06, 2023, 02:09:20 PM
What about Bisq? I think they are having a Decentralized network and they dont ask for KYC.

Check it out here - https://bisq.network/

The problem I see is that you need to keep your software on when a trade is opened, which seems like a bummer to me. I havent used it myself, does anyone else use it on a regular basis?
923  Local / India / Re: Future of Indian Economy on: December 06, 2023, 02:07:33 PM
I agree they are having a bad time, but how much the government or the ruling party is to be blamed can be decided by the timeline.
Maybe when a better party line comes in, things will turn out rapidly. We just have to wait it out.

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To an extent the Indian exchange were largely to be blamed on thier own atrocious fees. As of now they are offering zero fees on trading, which for me is very late.
They somewhat dug their own grave there. But they realized it when it was too late. Stock brokers have zero brokerage fees but only charge in selling.

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The ruling party has made the situation more difficult when they realized cryptocurrency could become a game changer for them. I won't blame them for nothing as they are know to respond late and when they do respond they make a mess.
With so much talks will international names, I was thinking crypto should have become more of the government's buzzword in coming days, but seems like it is not the case. However if things turn good with crypto in the West, the East will follow.

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As of other projects that they copied and implemented from the west or east they are doing good with it.
Crypto will too, dont worry.
924  Economy / Gambling discussion / Re: Is this a good advice? on: December 06, 2023, 02:02:59 PM
Implementing a strategy to control oneself during gambling sessions can include setting a budget for gambling, understanding the rules and odds of the games for more informed decision-making, being aware of emotional states while gambling and avoid chasing losses or making impulsive decisions based on frustration or excitement.
Gamblers are impulsive, otherwise they would not be gamblers in the first place. Tongue

So for them setting a budget which would take time, they would not do that but just deposit some big amount into the site, forgetting that its half their salary amount with multiple bills being unpaid yet.

For them decision making takes a back seat, they just want to make money and hence the all-in button seems like a safe haven and their go-to button likened to a "Big weapon" in Arcade games.
925  Economy / Gambling discussion / Re: Luck and skill, which is more important for gambling success? on: December 06, 2023, 01:58:32 PM
The ones who win by randomly choosing a side can't do that with all the games because they are guessing. I'll give you an example, take two people, give them a paper with 20 MCQs on it, and out of the two people, one has a lot of knowledge about what the questions are about and the other one has no knowledge at all. So the one with zero knowledge will mark the answers with guesses while the other one will mark the right answers except for a couple that he didn't know. Now, who will have a higher chance of having marked more correct answers?
You can try this experiment where you have x number of questions and each has four options. If you get the same option as answer for all the questions, you will be correct 25% of the time because there are only 4 options.

Keeping that aside, of course the person who knows the subject will answer more correctly. But gambling is not like that, here you knowledge makes no difference if it is an EV- game and makes little difference if it is an EV+ game. Luck is what makes the rest of the equation. It is enough to wipe out your entire money in one single stroke.

Hence luck gets the major hand here. Gambling hence should be limited to a source of entertainment and not for making money.
926  Economy / Gambling discussion / Re: Sympathetic gamblers looses itself on: December 06, 2023, 01:54:19 PM
This is exactly how some gamblers runs out of gambling budgets and goes bankrupt because they fails to figure what their net worth or incomes value is.

They are basically to believe one who lost $20 has lost more to them who looses $10.
A condolence winning? What the hell does that have to do in gambling? If you are playing your luck it means you accept the possible outcomes and then you proceed and not the other way round. This is not a competition where there will be a 1st, 2nd prize and the rest will get a consolation.

Never get emotional seeing a gambler lose money, it is their fault and they have to take the blame for the loss, not you. Never be sympathetic to a gambler's loss either. Many gamblers are trying to play the victim card and extracting money from others just to play more and repeat the cycle. This is the effect of gambling addiction.
927  Other / Meta / Re: I have no more merit left to give! on: December 06, 2023, 01:49:14 PM
That's right, I currently have a whopping 0 merit left to give  Grin
You will surely get merits again even if you dont wish to become a merit source.

You got 30 merits for making this post, so now you should have 15 sMerits left to distribute out there. Hence the purpose of this thread is over and it should be locked.

Not sure if this qualifies as a hidden merit begging post though, just me thinking out loud, dont mind me. Cool
928  Economy / Scam Accusations / Re: [WARNING] MIR Bounty Campaign - Fake Team + Fake Project on: December 06, 2023, 01:34:52 PM
Fellow users here, it seems OP has already prepared a flag for this scammer, I did not notice until just now because the flag was inactive in the lack of support.

https://bitcointalk.org/index.php?action=trust;u=988147;page=iflags

Please provide your support/oppose actions on the flag and help save some innocent newbies from this low life.

OP, you should put the link to the flag you have created on the first post of this page so that DT members reading this can support it right away. I have supported the same, but I am not on DT, so it wont activate yet.

It would be even better if you use the reference topic as this topic rather than the scammer's topic - because the scammer can delete their thread in future but this thread would not be deleted so easily. In such case, you need to start a new flag, if you do, post it here once done.

Edit:
https://bitcointalk.org/index.php?action=trust;u=988147

@Rikafip Please check the above link. I can see the flag there. But I will wait for the OP to use a correct reference topic, like I said above.
929  Local / India / Re: Future of Indian Economy on: December 05, 2023, 04:33:46 PM
Recently I came accross an article where they discussed how much TDS the Indian government lost because of their 1percent policy.
Indian exchanges are having a tough time running here. From the outside we see them run effectively but in the inside, I am sure they are having their own bad days and trying to recover from the mess. Government's policies are done by people who are illiterate on cryptocurrency and how it works, its benefits and hence they make stuff up in such a way that it hurts people.

No use blaming the ruling part about it - if a new party comes in, they will follow the same shit their predecessors did, same has happened for years now.

We can continue to keep our fingers crossed and hope for taxation reduction and crypto-friendly laws.
930  Economy / Gambling discussion / Re: Who says you can't be a millionaire in sports betting? on: December 05, 2023, 04:27:48 PM
Bet building is an awesome feature in sports betting, allows you to bet on different types and choices at once and you should get them all right to win the total odds payout with higher return than betting one by one. Anyways, making that very lucky bet with a compilation bets at once is so hard a hitting a jackpot especially that using small amount of money can make you that rich.
I think I remember the Parley system on Nitrogensports from this. Multiple bets added on top of another to multiply the wager with the total odds multiplier.

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No, but seriously some people are so good in sports betting and they get good choices and bets and also making profits and a more salary for their pockets. However, don’t get fooled by these screenshots and showing profits because it also might be a scam and promoting his betting signals.
I seriously doubt that such people actually make all their money from sports betting, maybe a small part but not all. The major income they get is from casino's promotional stuff they spread in the community through social media, youtube and so on. Another part is the courses they might be selling on academic websites which is a zero risk investment.

Hence such bets done once in a blue moon never bother me and will not bother you once you realize how its run.
931  Economy / Gambling discussion / Re: What do you bet on when your league is in break? on: December 05, 2023, 04:22:43 PM
The fact that leagues have their own breaks makes me think that, as gamblers, we should also adopt that practice.
A good comparison.

Every league knows its time to rest, similar with gambling - done in excess (or not) leads to losses because of wrong decision making and hurried choices. I would suggest keeping a bankroll and manage it, hence the idea of taking a break comes to realization.

Just because some game is going on, should not make you bet on that, because you are already in a disadvantage.
932  Bitcoin / Bitcoin Discussion / Re: Blackrock ETF Discussion on: December 05, 2023, 04:19:25 PM
It terms of the market reaction is an ETF does indeed get approval at some point next year...I expect the immediate reaction would be a large spike upwards, perhaps multiple thousands of dollars, followed by the inrush of people trying to crash the price or simply just taking profit on the spike.
The market is hoping for good news Grin and that is the reason of the sudden spikes in price.

It is currently the traders wet dream to see ETF approval because then only the next all time high will be reached. I say, keep the sell orders ready for the same - it might be possible by the next year. The market would assume new support levels if it does go through though and it will be higher than 35k USD for sure.

So in the best interest, wait it out and keep both buy and sell orders placed. Who knows suddenly one night it might get approved. Cool
933  Economy / Scam Accusations / Re: [WARNING] MIR Bounty Campaign - Fake Team + Fake Project on: December 05, 2023, 04:14:06 PM
This is a childish attempt to run a scam project.

The pictures are off high net worth Russian people and they are behind this "token" that none of us have even heard about, yet? If that was really the case investors would be fighting to get a share of these tokens and everyone in this crypto space would have known about it.

It is not uncommon for scam projects to put up famous people/established professionals pictures on their website and run it. We often have to detect these scams by contacting that person on LinkedIn to verify if they actually know about this project.

If you open a flag, I am sure a lot of the users here will support it. That is how we can save some newbies from getting scammed apart from a negative trust rating.
934  Bitcoin / Mining support / Re: Could I put a bitcoin miner in my yard buried underground in a sealed box? on: December 05, 2023, 03:59:35 PM
Oil filled container? You would have heating issues from that more so because it is in a sealed box.

Problems with the local water supply and type of soil might affect the heat dissipation but not sure about a sealed box. Maybe you can experiment with a heating device in the same setup and see how much the soil is being affected and how much the device is getting heated?

Like @seek3r said, weather issues is the biggest problem which seems to downplay it.

Another point to raise is whether soil temperature affect the flora and fauna, my guess is that it would, but I cant confirm.

How you access the devices in case you have to physically get hold of them is another question.
935  Local / India / Re: Future of Indian Economy on: December 04, 2023, 04:53:11 PM
We are emerging economically, but at a slow rate, in other sectors we are developing apart from healthcare which has slumped down.

These things are not in our direct control, but we have to adjust ourselves to meet the economic trend, so allow it to take its own course while you plan on how to manage savings, earn and grow your wealth.

Crypto has little role to play here, the top GDP countries also have the proportionally high crypto ownership and users.
936  Economy / Gambling discussion / Re: Quit gambling and Invest in gambling. on: December 04, 2023, 04:43:50 PM
The worst part of it is most of these local gamblers don't even work so how do you expect them to pay you back.
Lending to gamblers is tricky but possible to run a good business from. As a matter of fact, the Lending section of this forum is financing mostly loans for gambling or trading.

But doing this locally in your neighborhood where everyone knows each others underwear colors, it would not be recommended. Either run a pawn shop or be a shark in your local, which is often the case in many under-developed countries. These lenders need to have connections with the local police, mafia and goons in order to live. Its not a safe job at all.

I hope the OP finds something else to interest them, like investing in a casino bankroll, like I suggested to many others.
937  Bitcoin / Bitcoin Technical Support / Re: A noobie question about secret words on: December 04, 2023, 04:31:52 PM
Wallet has worked well. However I'm a noobie with this stuff. If I buy another computer and download Electrum software there do I need to use recover words?
Use the link @bitmover posted, bookmark it if necessary. Remember that to recover the wallet you need your seed phrase.

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They are behind username and password currently but I'm not sure are they bound to physical device somehow and what point do I need to use recover words.
I dont know if there is a username involved, but there is a wallet naming and a password to encrypt the wallet. These are only required to access the wallet on the device where it already loaded up. You will not need them on a new device where you want to load up your wallet again. There you will need the seed phrase once again and after that you can encrypt that wallet with a different password.

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I understood coins are being held on Electrum servers.
This is wrong. Coins are never stored in servers. The coins are accessible by your private key, electrum is only the "window" to access the blockchain.
938  Economy / Gambling / Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest on: December 04, 2023, 03:50:58 PM
Guess how much a freeroll is getting now at basic? 5 satoshis (rounded up but it's actually more like 0.48+ satoshi now)!
With bitcoin price rising I can see that the freeroll is going to be even less attractive to users. The most we can hope for it hitting one of the top tier rolls and end up with a decent prize once a while. I think the multiply BTC and Earn BTC sections are to be given more importance. But then again prices are rising and people might be getting conservative about their BTC spending.

Exchanging the RP to freeroll increments for limited period only if you have access to your device almost all day is also a good option to take once a while.
939  Economy / Reputation / Re: Is forum reputation enough to influence mixers? on: December 04, 2023, 03:46:50 PM
Since mixers will be soon be rejected on the forum due to the heat they are bringing from the government, do you think that the reputation of the forum and the rejection of these mixers from the forum will be enough to force them to change the way they mix their coins?
The forum is a place to discuss about things and that includes mixers. The stance that the administration here faces mixing services with may influence the way they market their services in the forum but it is unrealistic to think that forum policies will influence them on how they function. After all, there is a huge world outside this forum which influences these services way more because it part of their customer base.

Mixers are out of this forum from the coming year, no use shedding tears about it.
940  Economy / Games and rounds / Re: 🃏JACKSCLUB.IO - PREDICT BITCOIN PRICE AND WIN $100 | [PRIZEPOOL IN BTC🚀💰] on: December 03, 2023, 06:24:14 AM
JacksClub Username: TheUltraElite
Prediction: $40,111
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