I compared income from my main job and from the gambling. The result told me that the job brings me more money for the same time. But the same time my profit from the gambling was higher than medium salary in my country, so it can be the main income.
Today i bet when i have free time, sometimes for emotions, mostly for some profit and have enough time for family and all my hobbies.
And you think it would be easy to solely depend on casinos for a living? It is always good and deceptive in our thoughts, especially when the person has a primary job, but the moment the person stops that job for gambling, the issue starts and it's going to be a serious problem with time. The psychology at which you are gambling when you are still falling back at your primary job as the main source of income is not the same as you would be gambling when it is no more, that's why it is not the smartest decision to be gambling for a living without having anything to fall back at. This is especially true when you are a family man and someone who has extended dependents. It will be a whole lot of headaches at that time when there are pressing financial needs where gambling will be your last resort. Depending on gambling in such a situation will only cause desperation and frustration and you will likely lose your money. Besides, Bravo! You are doing well in gambling. For someone to be earning so hugely in gambling to the extent that the mean earning of the country is still lower than it, that is convenient. But I will never advise anyone towards it. I also read your post a while ago that you reduced your gambling pace just because of your job. That is a very good idea, the job that pays you more and gives you the rest of mind as the reward of your work is best to be taken seriously. Just continue to bet in your free time the way you do it, it is the best and shows you are wise. Don't be tempted because if you can gamble with higher amounts and your gambling results are as good as you claimed, then you may still earn more than your present status. But don't just think it. I never said that it is easy. It is really difficult to get nice profit from gambling. And it is like a job. You mustn`t have emotions, you must wake up several times per night, you must be ready to bet every moment of your life. Several times i went to buy bread with a notebook. And only in such a way you can become successful. I`m good specialist, so my salary is high enough, that`s why i made such choice. But if someone don`t get big money from the job, he can try to get it from gambling. The main problem is that the main part of gamblers think that it is easy money - look at the match and win. No! It doesn`t works so. It is the way to lose all your money and think that you isn`t lucky enough. I quite understand you, but what I still do not get is how gambling is like a job as I boldened above in your reply. "Emotion" aside, I would like you to elaborate on that because I view them differently, as gambling is a mere activity of betting that should be for the extra daily activity either for the fun or for the money. And even if gambling should be engaged for the money, it should still be for the passive income and not for the main income, this is to avoid financial issues. Relying on gambling alone is even more dangerous, which is a strong call for emotion and will in turn ruin the gambler. But for you to call it something synonymous with a job and make us believe that if your main job is not paying so high, you would have opted for gambling is what I still do not understand, and perhaps, will not agree to that as well. Gambling is not easy my friend, it is not what I will ever agree to for anyone to do and believe it will feed himself, the family members and the dependents easily. This will only cut the expectation of the person short and cause desperation, and this will lead to frustration over time and also grow to depression if care is not taken. It is easier to say than practice, and I hope you will not try this ever. By the way, which aspect of gambling are you playing that gives you the high winning rates that encourage you this much? |
|
|
|
What you wrote as ways to handle emotion "during trading" does not portray the traders trading but general parts of the dos and don'ts of traders even before trading. If it were to be during trading indeed, the only antidote is for the trader to take a break immediately. Such a trader can now continue to ponder what happened and how to deal with them in subsequent trading. But as a whole, I can deduce that you are referring to what traders can do to avoid emotions (before trading), and the only solutions I know are discipline and determination, nothing else. Discipline is always an anti-emotion anywhere, that's what I always preach that traders should possess. While the determination to be disciplined should follow so that the will and the inner self will work together to fulfil the trader's desire on this subject. This simple psychology has ever been helpful and I only trade the time I want to and do exactly what I planned to do due to that. On one hand, it may seem that it is impossible to take control over emotions while trading, but at the same time, everything is possible in trading in case of constant learning, seamless practice and pure desire to attain goals in the financial industry.
This is a very good statement, and like I always say, it is what you think you can't achieve that you will not achieve, but if you believe you can do it, you will do it. Emotion is psychological, which requires psychological solutions, but we need the determination to actualize it. That determination is what most traders lack. Once you possess that in addition to discipline, then your case is settled regarding emotion. But also, one must observe some good trading rules like investing the amount that one can afford to lose, trade the right time and for the right purposes, trade with the appropriate risks and management among others. |
|
|
|
I don't expect anything special on halving day. What I do expect is that halving will slowly take effect and in a few months we will have a rise to $100K and beyond.
This is on point, my friend. The halving, contrary to how many people believe it, will not impact the Bitcoin market positively immediately. It may take a while and it might start with a negative market outlook before the expected buying. And if I should predict, I would say that in the first weeks after halving, Bitcoin might take a nosedive and this will discourage people so much, and hence, the reason for the initial fall. But it will get to a level where it will meet strong support where the effect of the halving will start and this would couple with the completion of some kind of correction at that time due to the initial fall. For this, Bitcoin would have taken the needed market breath to have more power and room for a higher price and this would return FOMO into the market to the point that the $100,000 would be hit within a short period of time afterwards. I nonetheless expect this to happen towards the 8-11 months of 2024, and if the tempo is sustained till the first quarter of 2025, Bitcoin may reach $120,000 easily in that period. In other words, there could be some turbulent moments before the sweet ride upward, which is against the immediately smooth ride that people widely expect. |
|
|
|
And if you just keep it a secret, it's fine. This is my preferred choice if I am to put my feet in your shoes. This is like you are just browsing websites, you happen to land on casinos because they are related to cryptocurrency.
Personally, I don't encourage keeping such secrets in marriage, everybody should be open about their activities, so your partner doesn't feel left out. He might find out one day and be really mad at you for not informing him of such beforehand. if you were just dating, it wouldn't be a big deal to me, but marriage is a different case scenario. We don't encourage them keeping such secrets in marriage but that's happens to many couple because they thinks that will be better if they keep that for themselves without telling their spouse. That will depends on each decision because we can't force them to follows what we suggest. They are free to choose whatever they wants with their gambling activity and if they thinks that keeping their gambling activity secretly, they can still do that. But that woman should realizes about what will happens to their marriage if she keeps hiding their gambling activity to her husband. We can only suggest people about what they should do but we can't force them to follows our suggestion and that will be their responsibility to face what will happens later. What is even so secretive about gambling that we can't share with our spouse? Gambling is not criminal, and neither is it a stimulant that can injure one's life, it is just part of the way of life, an activity of betting, it should not be secretive at all, especially if we are wise about it. But if you know that your spouse would frown at it, it is better you quietly it immediately and quietly. That's if you can tell him or her directly. Still, I advise that people tell their spouse so that they know the direct response. Who knows, the whole situation might be surprising to some people as their spouse could accept it, especially if the gambler is living a quality life and is responsible towards gambling to the extent that people may not even know that such a person is gambling. This is the kind of gambling lifestyle we want, everyone can be proud of this, unlike the way most people go about gambling which makes people view it as irresponsible. Lastly, good family members, especially couples should be able to know everything about themselves, so letting the spouse know about this is the best way out. Unfortunately, keeping it till the spouse detects by his or herself may lead to more issues/damage than telling him/her yourself. |
|
|
|
If you are interested in gambling on sports, do you rely on prediction betting sites? Why?
What is the most prominent site you rely on?
I don't use any website for my gambling and I can't have interest now or later since I see it as a waste of time. Truthfully, some people claim that some gambling sites and platforms are good predictors when it comes to sports but they are premium services. Now tell me, why would I pay for what I can do myself? That's the situation here and I don't have any regrets about it. I already know how to predict sports and make a very informed betting regarding it. The information needed is always on the internet, and even if you can't be up to date with them all the time, you can always continue where you left them to review them and use the same predictive strategy you know. It is laziness or the lack of self-belief that makes people rely on that. |
|
|
|
~
Yes, and even if, for example, it turns out that the result is winning because you followed the advice given by someone else, then I think we can conclude that it was a combination of luck between you and the person who gave the advice. Whatever the type of gambling, whether it's a slot game or poker, to be honest, we can't be sure too early that the advice given by other people is bad advice that will only lead to defeat, because after all, gambling can never be predicted about the results and you You will only know the results when you have finished the session, we are talking about the results of gambling which are usually full of uncertainty.~ You are absolutely right, it is possible to win because of the advice from outside too. But since there is a possibility to lose your bet, just a possibility, it's never certain, I think it's better to never listen to others just to eliminate even the possibility of grudge against them. For me, I will maintain that luck is always needed in gambling, and most times some people would say it is the prediction of an external source that made a gambler win, it is also the function of luck at that time, the two will always work together no matter how the predictor says he's good at it. Why are those external sources not winning more bets when it comes to the casino aspect of gambling? The reason is more reliance on expertise without luck. We can't just do away with luck in gambling and even if we would listen to external sources for casino betting, we should not do this often and also manage our gambling accounts very well. Gambling is not so easy to predict but people are better predictors with sports betting. Even at that, we should not see external advice as too precious when we ourselves can even predict it if we are determined to learn the way and act and give it better thoughts and actions. This is necessary because luck can never be left out and even if we pay for any external service, we should still be lucky in addition before it can work as no one is a perfect predictor in anything. |
|
|
|
Would you prefer the game that the winner would earn some edible stakes? The one which the looser would earn being punished or any friendly disciplinary measures? Or such games that specifically involves stake of funds amongst your friends for the winners rewards?
Me: I would prefer the above exempts the one with the stakes of funds involved.
What's yours?
My philosophy is that any game is a game so far it has gaming characteristics. Whether it is being played for the punishment or played for money, what matters is to get the punishment done and the debt paid. However, the punishment assigned to the loser should be reasonable, unlike the way it is being done these days, especially among the youth. They take it to the extreme when it comes to the erotic, alcohol and other dangerous tasks assigned to the losers. That's ill and is not just worth it. If it is in that company, I prefer the payment option. But if it is such that is being planned by well-mature individuals, it's going to be good because that punishment is the better fun of the game. Also look at it from this angle, among friends, gambling for the money shouldn't be the main thing as money is not often the main goal in some cases as it will never enrich the winner(s) but for the friendship fun to be derived amongst them. |
|
|
|
You are never out of points and VPNs have put a lot of gamblers in trouble, which is why if one wants to use it, such a person must be very careful. But I still doubt the integrity and sincerity of the VPN provider if they would be truthful to what they say about a dedicated and if it is static, the risk is still not averted. And honestly, I am just getting to know a dedicated IP now, are you sure that this service is possible? If yes, I am certain that anyone who wants it might part ways with more money to make it truly dedicated.
I don't advice anyone to use VPNs during gambling, I just say that for ones own safety, if he or she wants to use a VPN, it's better to use one with dedicated IP because dedicated IP belongs to you and is not shared with other users, so no one can accuse you for multi accounting. And yes, that service is possible, I included a bitcointalk thread link where VPNs are listed. This is a clear and obvious problem with using a VPN for casino gambling. However, if you take the player’s side, what can he do, for example, if without a VPN it is generally impossible to even access the casino website. The player is forced to use this option and often simply de-controls which IP. happens when using a VPN. And in many cases, the player does not have access to paid services or it is too expensive for him to pay for this service. So it turns out that the casino has reason to suspect that there are abuses when many players play from the same IP. But of course, the casino knows what this address is and can begin to counteract such a player, for example, creating difficulties when withdrawing winnings to the client’s wallet. Of course, all this has to be taken into account when you use free services. This is a very good narration and is similar to the ones I've explained in the past on various VPN and multiple accounts allegation threads. Well, we are getting wiser daily and only inexperienced gamblers should be entrapped in this issue again. If an experienced gambler still falls victim, it could only be an affront and foolishness that causes that. We know now that casinos frown so much on VPNs and multiple accounts, is it not better to avoid the two strictly to save our heads? Fine, some people are merely victims of this due to the use of VPN or even their local dynamic IPs. Still, in this case of dynamic IPs, I believe it would be a limited number of customers that would have the same IP clashed, which the casino may still further investigate to know the truth that it is not from the same person judging by how to gamble. But still, some casinos would use that to cheat the customer, this is certainly unfair. But it is the customer who puts it up himself when his local IP can't access a casino but still forces himself to use a VPN to access the casino. Is it a Must you gamble with them? I believe we should always weigh our options and the risks associated with them before we risk them. |
|
|
|
Be thankful that a Bitcoin ATM is not in your country because it might be a decoration in most countries unless the country is rich.
Why on earth should anyone be thankful not to have another option to buy/sell bitcoin?? Just because ATM fees are geenrally higher than other ways to trade bitcoin doesn't make them useless. You probably might have viewed this from a different angle from mine, and of course, Bitcoin ATM is not useless, I never said that. But this is a means that people transact Bitcoin and part ways with an insane amount of money. Since there are better alternatives that would save you more money, won't you go for it? Even an above-average person would weigh their options, which conceived what I wrote. That's more reason why I added a rich country because, in rich countries, people might still want to sacrifice the charges, not that it doesn't pinch them at all, but because they have good statuses which makes it sacrificeable. Upon that, the charges will still reduce the number of patronage of the ATM machines in the rich countries compared to though there were no high charges attributed to it. How much more in developing/underdeveloped countries? I can assure you that it would be worse in those countries because almost everyone would prefer the better alternative channels because they would believe that the charges are even enough to do better things with their lives than to sacrifice it on a Bitcoin ATM. Now tell me, what is the use of Bitcoin ATMs littering the country abandoned? It is better to put it in the country where it will be in regular use and not left redundant. |
|
|
|
as decentralisation will always come with its danger whether we like it or not.
I also think that, everything brings its dangers, so the decentralization of industries can sometimes produce certain things that can be very difficult and counterproductive because I have always preferred things to be done centrally, but if there is no anonymity, you have to take the risk. Furthermore, other types of things have to be done, so the decentralized thing scares me, because if I have a problem, will they take care of it all at once? When there is a centralized casino, the tension is immediate, the only bad thing is that they require KYC and that it be done all at once, that is what I cannot conceive, for that reason it is because centralized ones as a player trust more, which is the more liquid between centralized and decentralized cases? I don't know, it may be that the decentralized one is too honest, but the topic that encompasses everything is the blessed KYC. Yes, you are getting the point, but I would rather call KYC a necessary evil that we must obey. Just like the debt we must pay or sacrifice just for the sake of the sanity of the world. If you agree with me, many years after the internet had started and companies were being patronised newly online, there was no immediate request for the KYC. However it started over time due to what the world has turned to, and it is so important so that the company you are dealing with and you who are dealing with the company can be accountable for it. Should the case something happen, it would be easy to know what to do when it comes to tracing and all that. However, it is a means that can reveal our identities as well, which is the only valid issue people always point to. Because such identities revealed to the company through the KYC could be leaked, thereby compromising our privacy in one way or another. Nonetheless, once you are a centralised company, you must obey some regulations and rules, unless you are not answerable to any country or authority. This kind of arrangement will even make customers wary of such companies and might reduce patronage which can bring about liquidity to the companies that aspire growth. |
|
|
|
Yes, our country has banned the access to Binance and this was raised since last year of November by SEC. But after the deadline given for 3 months, they didn't banned it immediately but just a day or two ago they did pushed for the ban. Most of the ISPs that we've got have totally banned to doing a visit to Binance's website and there's this message when I've first tried accessing it yesterday that I might be reported to the authorities. But upon paying a visit today, it's just a total domain error. I guess that our government just want a chunk out of the fine they've made with the US SEC as our government tries to acquire as much taxes that they can for the funding of a newly proposed government investing program.
PS: The Binance app is still accessible for some locals.
I must say that I love what the government of the Philippines is doing, the situation is similar to that of Nigeria but the steps taken by the Philippines' government are mature and polite. This is the right way to tackle the situation, unlike the Nigerian government's approach. I've said it, if my government handled the situation well to demand their right in the right way, I will be the first to support them and stop using Binance immediately even if they do not block access to their domain. The Philippines' government had tried enough to give it time even though it may not be appropriate to include the US government in this context. It is their right to make Binance or any other companies accountable just like what the US did. This will help them to know the inflow and outflow, curb money laundry and be able to get their correct tax. While that's true that the PH SEC did the right thing of informing of their plans several months ago but most of the citizens didn't like what they did because it's known that there are a lot of users in here. Bro, above all reasons, sentiments, wants and wishes, your country must come first. Damn what the citizens are saying about it or the benefits they get from Binance, the exchange cannot reap from the country and not remit the needful taxes for the benefit of the country. It is either they allow the fortune to be well distributed among the concerned parties, or they forget about the relationship with your country. It is never too much for your country's government to ask from an exchange. But it was certain Binance didn't want to cooperate with them after giving them enough time and even extending the grace by an extra month. They seem to want to gain ALL which is so selfish. Also, they might be afraid of the money laundering activities that could be uncovered if they allow the country's government to oversee a lot, which is normal. You can see what is happening with the US branch of exchanges and how they uncover a lot of cheating, price manipulation and illicit financial flows. I wonder how rotten the global branches of these exchanges would be. It would be so unspeakable, is this what a responsible government would allow to be going on unabated despite having a link to their country? |
|
|
|
https://nypost.com/2023/01/15/gambler-loses-massive-1-4-million-bet-on-chargers-jaguars-game/One bettor wasted a massive $1.4 million wager after betting on Los Angeles before the Jaguars mounted an epic comeback to beat the Chargers 31-30, according to Action Network’s Darren Rovell. It seems that a gambler has loss this massive amount (1.4 million USD) playing a bet with an odds lower than 1.01! (exactly 1.008) I think there are several lessons here: - there is not easy bet! even lower odds there is always a risk. - it's really risky playing an huge amount. This not helps gambler because the risk is much much higher then rewards! - gambling is not easy at all! it's really hard achieve a profit even for easy games! what your opinion about this gambling issue? did you had experience similar experience? how a good gambler should avoid such mistakes? In my opinion, with such low odds, you can lose your deposit not so slowly. I have never liked such odds, because you can lose everything and, most importantly, if you win, we get very little. I never bet like this and I don’t advise other players to bet with these odds; in my opinion, it’s absolutely pointless. I am sure that such players think that they are smarter than everyone else, and that he will bet 1 million all his life on small odds to win, but this will definitely come to an end. This player simply did not want to believe it and the situation that happened to him simply showed him that he is not the smartest here. It would be better if he put the money at a small percentage of return, and not engage in such nonsense, although we all know that banks also have a chance of default and there is no good place anywhere so that there is no minimum risk. Who would like that odds? I mean 1.01? I will never bet on that kind of odds as there are still chances to lose that one and that's what happen here to this big whales who think that he can out smart or he is just so unlucky and lose it. And it just shows how sports betting it, we don't know what will be the outcome even if the spread is that huge as any teams can make a huge comeback and that's what happen here, just a point is enough for the Jaguars to win. The daring nature of some people makes them opt for such odds, but this is certainly not wise and shows overconfidence which is not a good characteristic of a gambler. Also, such odds come with tempting assurance because no one will bet on that kind of poor odds except that it will be an almost certain outcome for them. But they often neglect that an almost-certain outcome is not a certain outcome, so even if the possibility for the gambler to win the bet is 99.95%, such should know that the 0.05% possibility of losing it could be catastrophic and could actually be the outcome at that time. This is why we should be sensible and going for higher odds with a very reasonable amount of money is the right approach here. I see mainly two issues in the betting of that guy, and they are Wrong betting decisions and Improper management. Aside from the lame option, no one should bet that huge amount in a single bet just like that, it is wrong. He should have divided it into at least 10% ($140,000 per bet) in my opinion, which could have saved his head better in a situation like this. |
|
|
|
I began to bet with $200. It was enough for the beginning. I searched information, prediction groups, small matches in low leagues. As the result i doubled my money after 2 days. And next 3 days i lost the main part of the profit. But week by week i increased my deposit and raised my bets. But as the result i tried to make gambling the main income and understand that it is possible, but it take all your time and resources. I hadn`t time for anything except gambling and all i wanted was to sleep. Everybody can decide himself is he ready for it.
Well, with all those things it shows that you were looking for your own style of how to win, and you based yourself on many things, sources of information, it's nice because at that moment our research capacity becomes sharper and you can find many ways, what happens is that finding a secret formula or something like that is difficult, I would say that one with those recommendations, both technical and theoretical, all of that must be mixed with one's own intuition, if the casino uses its house advantage we have to use something more focused on competing Against that, I think that is where some people go for witches, fortune tellers, because they look for another way to win and that is something that is sometimes out of the ordinary, but some will say that to win everything is valid, I consider that you also have to stop a little because the body needs to rest to be able to have fresh ideas. I compared income from my main job and from the gambling. The result told me that the job brings me more money for the same time. But the same time my profit from the gambling was higher than medium salary in my country, so it can be the main income. Today i bet when i have free time, sometimes for emotions, mostly for some profit and have enough time for family and all my hobbies. And you think it would be easy to solely depend on casinos for a living? It is always good and deceptive in our thoughts, especially when the person has a primary job, but the moment the person stops that job for gambling, the issue starts and it's going to be a serious problem with time. The psychology at which you are gambling when you are still falling back at your primary job as the main source of income is not the same as you would be gambling when it is no more, that's why it is not the smartest decision to be gambling for a living without having anything to fall back at. This is especially true when you are a family man and someone who has extended dependents. It will be a whole lot of headaches at that time when there are pressing financial needs where gambling will be your last resort. Depending on gambling in such a situation will only cause desperation and frustration and you will likely lose your money. Besides, Bravo! You are doing well in gambling. For someone to be earning so hugely in gambling to the extent that the mean earning of the country is still lower than it, that is convenient. But I will never advise anyone towards it. I also read your post a while ago that you reduced your gambling pace just because of your job. That is a very good idea, the job that pays you more and gives you the rest of mind as the reward of your work is best to be taken seriously. Just continue to bet in your free time the way you do it, it is the best and shows you are wise. Don't be tempted because if you can gamble with higher amounts and your gambling results are as good as you claimed, then you may still earn more than your present status. But don't just think it. |
|
|
|
I think that we always risk when give our money to somebody. Sometimes risks are higher. In casino we risk 3 times: deposit, bet, withdraw. The KYC possible increase risk when you withdraw and need your money fast but anyway withdrawal is a risk with KYC or without it.
The main risk with KYC is that someone can use your data. But the same risk you have every moment when you give your data to any organization.
There is no doubt that gambling is a risky game and those who gamble know that they are taking risks with their money to gain profits and in the process, they may lose money too. However, being not able to KYC even after winning is not termed as bad luck but a scam by the new gambling sites. They will allow you to gamble and deposit without KYC but when you win something and place a withdrawal order they may start to ask for KYC. The bad ones won't approve the KYC and hence your money is stuck in the casino. To avoid this situation it is always recommended that we do the KYC first so this risk of getting scammed by casinos is eliminated to some extent. Now it only leaves us with luck in gambling and if we have good luck we can make money in gambling and cash it out. I disagree with the part where you said they will allow you to deposit without KYC, this is already common with crypto exchanges too and I believe that all gamblers on this forum know this about crypto exchanges too, why blame the casinos only? Few crypto exchanges will restrict you from withdrawing if your amount is big and will only allow a certain amount to be withdrawn every 24 hours and some don't even give room for such. If we can put the blame on online casinos for this act, then gamblers have their blame too, what's stopping them from passing KYC first before even starting to gamble on every online casino they choose to use? KYC and online casinos are like 5 and 6, always in one, be ready to pass it or forget online gambling, I would rather pass KYC first before using it instead of trying to pass it after I won some money.I understand the school of thought you are bringing this from and I love it as well because the two of them (casinos and exchanges) are dealing with people's deposits and withdrawals. However, to buttress your points, there are many financial services and payment gateways doing this even before online casinos came into operation, and they still do this now. These are companies with the highest level of regulations operating in strict countries like the UK, US and Europe. This is possible because it is allowed by the rules of their regulators to provide a limited financial service for a particular customer/client without verification, and just as you explained what exchanges do, these companies do such as well. There will be limitations to the amount they can transfer and there can be a certain grace time they can go without verification. This also varies depending on the transaction of the customer/client, the country of residence and how suspicious the customer is. These 3 factors are important and could prompt what many call unjustified calling for KYC completion by casinos, neglecting that the casino they are dealing with is not a no-KYC type. I simply see no fault in any regulated entities calling for the completion of KYC at any time, so far they are regulated and have not advertised no-KYC to you, just know that it might only be a matter of time if you do not do it now, they will ask you to complete it later. |
|
|
|
Is it possible to reopen binance account after you close it?
The reason I ask is people may be forced to reveal their whole transactions to tax authority. Closing and reopening binance account will prevent him from doing so.
I remember vividly that I answered a question like this year, I don't know why it is now common for tax reasons. People should pay their taxes. One thing that keeps ringing in my head is whether the people who want to close and reopen accounts think Binance or any other centralised exchanges they want to do this with are foolish. First, just because you closed your account doesn't mean they do not have your log files and transaction history. If you reopen the account, maybe it will not show immediately/automatically (I've not experienced it before, but I am sure that the Binance system will detect it). But when it warrants questioning and the investigation is on, there is no way this will not be unveiled. This is unless you are opening the account with a different name and identity. If not, do not just cause issues for yourself. Mind you, as I write, do you think the incidence is not happening already where the exchange would know that people are doing such for that purpose? This is a tax evasion reason that both Binance and your country's government would frown at. Meaning it is illegal, so why try to do illegal things? You should learn from those caught in the past and are severely punished. If you earn, please pay truthfully to your country, that's my advice. |
|
|
|
DiMarxist you are right, a brief explanation attracts more people, and that's why review sites should be a lot more popular. Instead of going through ToS and some casinos' pages just to learn more about what they offer, and their rules about KYC, bonuses, and promotions, it's a lot easier to open a good casino review site and see all that in one place.
And there are a few good casino review sites here on the forum. People should use them a lot more in my opinion, as I always write, it's different when professionals check & try some casinos and share their experience and opinion about that site than when we amateurs do it. Of course, we should trust our judgment, but we have to admit that others can do that job much better.
The thing with reviews is that even if everything was done correctly, the information is only accurate during the time the review was made, after that the casino may update its TOS and change a few things, and suddenly something you thought that was allowed, now it is forbidden, and in that case you cannot really blame the casino or even the review website, as casinos ask you very directly if you have read their TOS or not before you registered, so you are at fault because you did not read the TOS, even when you claimed that you did. You raised a valid point there and I believe everyone should know that past events are not indicative of future happenings, so we should enjoy the reviews while they last, but it can't always say of the company in question. This is why I also watch out for the date of reviews, not that I will just be reading them and believe that they can still always be valid and preserve the doings of the casinos I am dealing with. If it has been more than 6 months, I might be sceptical to believe in it, but still, the main thing I watch out for in reviews are the core dealings of the casino and how they professionally and sincerely serve their customers. Even if they've updated their terms and conditions as you pointed out, the new person trying to review them for him to open an account should know that it is part of his responsibility to read the terms and conditions to be updated about the said company. By doing that, such must have saved his head and knew the things they added or subtracted from their service. For this, the terms and conditions are not even the main issues but the fear of formerly reputable casinos at a time turned bad. This often happens and I have at least 3 examples I can cite in the trading and investment sector. They were the best before, but after gaining prominence and a very large customer base, they started misbehaving. |
|
|
|
When I first became familiar with gambling, the first advice I received was not to listen to any advice  That is, when selecting a casino or a game, trust your own instincts and the reviews you come across because such decisions are highly personal. Once you've gathered enough information, you can make your choice and determine what you prefer more or less Yes, that's true, some ideas can instigate one towards having wrong impression about gambling or taking the wrong step, we have to treat gambling as a thing of personal experience than the conventional way of approach many have developed to deal with how they handle it, it's not everything we hear them say are true, we also need to witness some things and use our own approach in such situations maybe we could have a different experience from the way others do with gambling. Gambling should be a personal thing, so the advice given to the OP and the one you issued are both good. The more we listen to what people say about it, the more we are doing ourselves no good, especially for the negative advice towards it and the confusion some people could cause when we select our games in their presence. Also, we should always know that gambling is a two-way thing, it is either we win or lose, and no matter how we play it, this subsists still, so we should not be overconfident about it but be more managerial. Ours is to find the right casinos and sportsbooks to do our thing and find the means to preserve the responsible gambling characteristic in what we do. This calls for viable experience towards it even as we gamble with care. The experience should however be helpful in selecting reputable casinos and helping us to gain the needed style, management and the right psychology for this. These and a few more are the only things needed to be a better gambler, and particularly, we should make sure that we are independent in our gambling. That's just the best. |
|
|
|
Yes, our country has banned the access to Binance and this was raised since last year of November by SEC. But after the deadline given for 3 months, they didn't banned it immediately but just a day or two ago they did pushed for the ban. Most of the ISPs that we've got have totally banned to doing a visit to Binance's website and there's this message when I've first tried accessing it yesterday that I might be reported to the authorities. But upon paying a visit today, it's just a total domain error. I guess that our government just want a chunk out of the fine they've made with the US SEC as our government tries to acquire as much taxes that they can for the funding of a newly proposed government investing program.
PS: The Binance app is still accessible for some locals.
I must say that I love what the government of the Philippines is doing, the situation is similar to that of Nigeria but the steps taken by the Philippines' government are mature and polite. This is the right way to tackle the situation, unlike the Nigerian government's approach. I've said it, if my government handled the situation well to demand their right in the right way, I will be the first to support them and stop using Binance immediately even if they do not block access to their domain. The Philippines' government had tried enough to give it time even though it may not be appropriate to include the US government in this context. It is their right to make Binance or any other companies accountable just like what the US did. This will help them to know the inflow and outflow, curb money laundry and be able to get their correct tax. Not that the company will earn big from the citizens and give the government nothing, that is bad. Now, the awkward thing is that, just like yours, they banned the domain in my country but the app is still working. That's ill indeed. Till today, I still have access to the Binance app despite my country's ban of the Binance domain for over a month. |
|
|
|
Im wondering, can scams like this just keep on going? who could shut scams like this down?
Unfortunately, no one can stop or shut down such shady sites because they know that no governmental authority will waste their time on searching for gambling sites and their locations so that's why they scam others without any worries. Even on this forum we always alert members about such sites, a similar site 1xBit has been scamming its users for many years but no one is yet able to do anything against them. They have been running their scam empire for many years freely without any worries and yet no one can even take legal action against them. I don't think these casinos can be in the category of 1xbit, they should be worse. But still, this is indeed unfortunate and I hope that one day the whole situation will change. It pains me to read that someone is scammed by certain casinos or any other online companies, and in most cases, these companies would do this without any penalty or anyone to question them. It should not be like this, it seems the government turns a deaf ear to the cry of the voiceless. Maybe in the future, someone like me will be one of those who will put the attention of the government to it. The government are just looking in the other direction, if they want to do this, I think they can, just like the INTERPOL and international security agencies. They can even bring it out from the UN for global cybersecurity and sanctioning where the whole world would cooperate and continue to investigate, locate, close down and sanction companies doing this scam plainly. |
|
|
|
Inflation is a curse for the country. It increases the price of goods but does not increase the amount of people's income. That is, there is no correlation between income and capital. Yes people spend a lot of unnecessary things. Everyone should spend wisely in times of financial crunch and live on a very limited budget. But eating less is unusual. Because every human being has a specific dietary requirement. That is, a family has a fixed food requirement. It is very inconsistent and unusual to control. Maybe it can't be controlled. Because people have to eat food to survive, there is no substitute for food. So no matter how much inflation and commodity prices rise, people have to eat food and survive.
Who issued the curse if I must ask and who will break it? I don't see it as a curse but a manmade/man-caused problem that is plaguing the economy and welfare of people in an economy. Inflation and economic hardship are not even the same thing because a country could be facing inflation but still not poor/economically challenged, and with the right handling and policies by the responsible government, they will get out of the woods pretty fast. In many cases, even when inflation is bitting hard, the level of unemployment could be so minimal. In this situation, if it is a good country where the system is well planned and working fine, the citizens/residents could only be feeling the pains of paying more but would still have the money to pay for their needs and also have excess to save. You can see in this situation, there is no economic hardship, but people mistake inflation for this which is not an automatic correlation. Above all, if there is inflation and/or economic hardship, we should try to live within our means, and if we feel the economic inconvenience, we should increase our source of income. |
|
|
|
|
Show Posts
