It's one way of helping the coin increase in demand since supply would decrease, meaning there are fewer coins for anyone who wants to buy it. Emphasis on "one" though, since it's not the only factor that involves demand. If a highly demanded coin started burning to reduce its supply, then its price would most likely soar, but if a not so demanded coin suddenly started burning in an attempt to stoke the economy, chances are nothing is really going to change. There might be a change in a day or two, but that's about it, it wouldn't even be that big imo. It'd probably drop down to it's regular price after that.

It's effective if you want to trade, to learn to trade? Not so much imo. You'd be able to get things done, but you won't be able to branch yourself out, to take bigger risks for bigger profits with a reasonable assumption.

Even the idea of trading, which is buy low sell high can easily be understood but that doesn't mean that anyone can just simply do it. It takes a lot more to be able to apply it

If you're a regular gambler I don't think you should mind it that much, eventually you'd reach high ranks as long as you keep playing anyway. If you want to rank up faster, then the natural answer is to wager more money, it's the kind of idea that casinos pur in your head when they implemented such a system anyway. Simple marketing so to speak.

Promotions are in a way, just stroking your FOMO ego,  but in reality, said promotions will definitely happen again in the future. Probably in a different name but most likely still the same thing.

He's damn old enough to make his own decisions, I reckon a simple talk and letting them know that he's 20 and that he's able to make his own decisions. Well, it still ultimately depends on how he knows his parents are though, keeping it a secret is an option imo but as you've said, telling them would be a lot better. But some parents are well, on the rather extreme end of things and if the man thinks their parents are like that, I reckon keeping it a secret wouldn't be so bad.

I've watched my fair share of casino streamers but most of them came from variety streamers instead. They were more of people who started off streaming something else and just tended to go towards streaming a variety at some point since they wanted to expand their fanbase.

I hardly think people would fall, I mean some probably would, but the majority probably wouldn't be inspired by them. In some cases though where they partner with casinos and they artificially make said streamer win, then maybe some might be tempted, but really, with most of how the internet is already, I don't think people would be that ignorant when it comes to streamers and their partnerships with casinos. More often than not, they're rigged in someway.

Superstition ofc. It can make sense, and at the same time, it can't. Simple as that, that's just how superstitions always are. I don't have any superstitions with sharing my predictions, but I don't particularly favor sharing them as well. It's data after all, who knows, the man may be collating and trying to come up with numbers and figures to do some math sht that I would for the love of my life never understand, but maybe he can, and maybe he can do something with it.

And in the end, most gamblers when trying to bet aren't really rational. I mean, it's about luck, I hardly doubt being rationale would help so might as well try to go to something you can work with.

I wouldn't say so. Crypto itself already had a bad image due to the many scammers that popped up in the past (and even now), meme coins being one of them. While some, while questionable, do bring about some value due to the avid fanbase it has, a lot of the rest are just scams though.

I wouldn't blame memecoins though, every type fo industry has a bad side that most people despise, not just in crypto. And beginners, being well, beginners, can end up being there and incur a lot of problems. It's probably just more apparent here since money is directly involved. Besides, if people get to know crypto well enough, they'd know it's just that side there that's like that.

I know I've advocated it before that loaning for your hobbies and enjoyment is dumb, I've actually done it once or twice in the past, hence why I share it with others and why they shouldn't to it in the first place. The idea is that it isn't even related to the purpose really, just the fact that you have an active loan somewhere is like having a guillotine above your head all the time, that is if you have some shame, which I do. If one didn't have shame in the first place, I reckon they'd just shoulder loans here and there all the time.

I didn't really have pressure myself when spending money, at least, during the time that I spent it, I only felt thrill and enjoyment, which is only a short moment though. After that whenever I remember about the loan I have this chill of trying to think of how I'd pay it. It didn't last long since I've planned it out already, but just the idea that there was a loan in the first place was enough to shake me into not asking for one if possible.

Kinda similar, but I reckon we wouldn't see a move up from $50k in 2024. We'd probably see a quick pump (towards new ATH, possibly 100k) at the last quarter of the year(2025),  and well it'd probably balance it out by staying at say $30k or so by 2026.

A lot of people expect the price to go above $100k but with how things have gone, I don't expect we'd see any bigger gains than $100k at most.

Possible. But while I do think XRP winning against the SEC is a big thing, it's not enough to push it to break past its past ath. I'd say at most 1.2 and then it should fall back down after all the news has died down. I'd attribute most of the increase in price to the case after all since it is free exposure, and without that, XRP should settle down to its usual price movements below $1, that is unless something big about the XRP scene happens once again.

Chances are, $1 should be rather achievable, I just don't really know when. Possibly a few months later on? The price jumped from .4 to .8 in the past couple of weeks after all so I reckon we'd see it gradually slowing down in terms of price increase.

Licenses mean jack sometimes (or most of the time nowadays). It's rather easy to get a Curacao license afaik, there's not much in terms of requirements being needed and you can easily get one with enough time. I mean look at freebitco.in. Afaik it has no license and has been operating under a good reputation for so long now.

This is more in terms of privacy rather than security though? And really, no system/website is 100% secure. It's just a matter of how long it can actually take for someone to break it down and get in. And in terms of privacy, I call BS. KYC also happens in crypto casinos.
Pretty sure you already counter-argued yourself. Fiat itself has a variety of games that anyone can play. I actually doubt if there's any difference between the two anymore.

We don't really need to check the stats of people who gamble, that's just dumb. Just set a specific amount you CAN spend (and will) spend for each session, each amount should adjust depending on the number of times you gamble say per week or per month. And no, gathering the same amount of money isn't exactly possible since it's money you decided to dedicate for your enjoyment/entertainment. There's a different part of your income that should go directly to money that will be used for investing. Those kinds of financing would make your life a whole lot easier and at the same time stress free (just don't forget to add enjoyment, spend a little for yourself).

And this is by for example, not giving the goods themselves? This kind of setup usually involves people talking about it themselves and making out terms that both parties would agree in. A middle party would be the best, but if it was a personal transaction between the two, then they only need to talk it out imo. In terms of complaining, I don't think there is between private transactions between small parties, but I reckon there's a law or something for products or services offered by companies (since you can report them to the local government who holds their license or something similar).

Naturally. But there are ways to transfer it over to their local currency, so why not? I highly doubt people who are risking the use of Bitcoin are that ignorant in the ways and methods to use it anyway.

The buyer would most probably send the Bitcoin first since there's a period they need to wait for the transaction to be confirmed. Ofc, this can probably be adjusted depending on the terms between the two parties.

It's why Bitcoin is decentralized in the first place, there was no need for trust since third parties (miners) would confirm the transaction themselves. The lightning network is only a network that's used to enhance the speed of the transactions themselves.

No? Their not supposed to "access" it in the first place, they're role is simply to store it. Accessing it is a whole nother thing. Not to mention a lot of centralized businesses can be rather dumb in terms of data security, so most people just can't help it but be doubtful of them. And with the advent of the internet, a simple full name and a contact number can get you a LOT of information about that person.

A daily limit isn't going to stop you from gambling, it's only going to limit your spending habits. Ofc said limit can be bypassed by waiting for 24 hrs, but I reckon it depends from person to person. Having that limit set for 24hrs can be more than enough to cool down your brain and stop yourself from wanting more, but well, if you were THAT desperate, there are a lot of ways to bypass this (new account, another casino) so really, self-discipline should be practiced instead of relying on third-party tools to help you.

And to be fair to casinos, they put out badly designed limits anyway since they'd lose revenue if they actually did it perfectly no?

I'll probably take it. It's a pretty big amount, and I've never really taken gambling as a lifetime thing I'd always do. I always expected that I'd stop at some point, maybe after around 4,5 years. Stopping now doesn't really seem like it'd make a difference, 5 BTC does look like it would though (assuming that there's going to be a bull market the next year or so). Plus, I have a lot of forms of entertainment that I can use the money on, I'm more than willing to give up one to support the rest of the lot.

On the topic of the same post, there was one before but not specifically 5 BTC, I think it was a few million dollars as the idea?

Nothing. The market simply has buyers and sellers that come and go all the time. If you wanted the t to go up, then that would require more buyers instead of sellers, simple as that. I also wouldn't say that Bitcoin is in a bad spot, it's like what, down by a few hundred below 30k, a lot better than a few months ago. If you were comparing it to its ath then ofc, but you should know already that the price doesn't stay only at the top. Sides, a good time for buyers to come in when the price goes down.

If you were expecting it to go to $25k then maybe hold off buying for now. If you were DCA'ing then it shouldn't be an issue though.

Huh, odd how sportsbet has so low of a rating in trust pilot. Was it review bombed or something or are the ones who are doing the reviews mostly those who have bad experiences (every casino usually has one) and none of the people who actually had a good experience with it? OP maybe you can add btcgosu ratings? I reckon most people are much more familiar with it than trust pilot (and also so that we can compare and review it from one another).

I usually play amongst a variety of reputable ones, they're not that different from one another really (unless one of them cucks you for KYC, which happens to others). I've never had much issues though, luckily.

Huh, I'm rather curious about the end of the world bet one. Wonder if people actually bet on it and how legit is it lmao. And doesn't it make a guaranteed win for the house if the year passes without the world ending or something like that?

On another note, a lot of things can be bet really, OP's list is more of the ridiculous ones (not in a bad way, well maybe except celebrity deaths, now that's just fucked up). I mean, there's usually the presidential elections (or any type depending on your community), Ms Universe and any other types of contest-esque events, usually big scaled ones.

It depends on the mentality of the hodler. The idea of leaving your coin inside a platform you'd want to stake is rather risky, regardless of the possible profits you could gain since they can simply run away with it. You could try Trusted platforms, but as I said, it's all in the mentality of it. Crypto is crypto in the first place because you can make your own bank, if you wanted to make passive profits there are other alternatives out there where there's less risks involved (in terms of exit scams).

Besides, there's also the market value of the coin itself to consider, and most coins out there have a rather volatile market.

Shib or Doge. Most people would probably say Doge since afaik it was always the OG meme coin that most people know? A lot of the others were just meme coins that followed the trend (or are trying to) and just failed miserably trying to make money off of scamming people. I mean look at Pepe, while it was a good coin to profit off at some point, it was only a short term one and basically went down half of its peak at this moment and would probably keep going down later on.