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1  Economy / Services / Re: [OPEN] LiveCasino.io Signature Campaign | Sr. Member+ | 100$ p/w, funds escrowed on: December 18, 2023, 04:01:42 AM
Username: vv181
Post count: 4197
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2  Economy / Economics / Re: Food for thought on: December 16, 2023, 05:53:07 AM
Personally, what is important is to have a safety net. People should have the emergency fund rolling when they get in trouble, specifically when they don't get any income. Another problem that arises is whether can people save and not spend paycheck-to-paycheck on their monthly expenses. Just simply judging people only need to add their sources of income is insensitive, a lot of factors must be considered.

It is ideal to have extra sources of income so anyone does not have to rely on a single entity. But sometimes a factual reality may prevent people from doing those things, be it time constraints or pieces of knowledge.
3  Economy / Gambling / Re: QuitGamble.com - Free Help for Problem Gamblers on: December 15, 2023, 02:05:31 PM
This is why, we are advised to take gambling as a fun venture, rather than a money making venture, for he or she who gambles for fun will only do so when he or she feels like, and have money to spare.

The pitfall is gambling is addictive by nature. On the first hand, people may be seeking the fun of it, but if they are not doing it carefully, they might get addicted. It is easy to say that we only do it for fun or suggest others do the same, but each unique human being behaves differently when exposed to something. Some people may have high tolerance so they are unlikely to get addicted, but the opposites do happen.

So, rather than directing people to fixate only on playing it for fun, I'm sure the kind of platform that OP endorses is a good way to help those in need. There is no judgment but simply a helpful motive.
4  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Hacking SushiSwap, RevokeCash, etc on: December 15, 2023, 11:05:20 AM
These are horrible large-scale attacks. The perpetrator knows that a particular Ledger library is being used widely across many sites, so I believe this is a carefully planned and executed attack.

This incident also shows what lacking in the altcoin/token spaces, specifically, things that mentioned themselves as "decentralized platform". A truly decentralized platform should not rely on single and centralized library CDNs. On another hand, this proves that security measure is lacking among many applications.

As Ledger was being targeted due to its seed phrase and private key vulnerability

The issue and the root of the problem is not that Ledger has any vulnerability related to those things!
5  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Binance Shuts down their Visa Debit Cards in Europe on: December 14, 2023, 03:54:37 AM
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Yes, that doesn't exempt the others from the compliance that the regulators might ask them. While there can be a lot of these advisories that are going to come in the bull run. As of now, that's all what they need to make based on the situation that Binance is dealing with them.
Well then, we're going to see if something different might come then after they're done with Binance. All the compliance were done, each country has their own rule towards them, so that's it.

If we look at the past and take the case of the SEC, they always chased those who were not "compliant" or when they found some loophole concerning the imperfect cryptocurrency regulation. Take the example of Bittrex or LBRY, they do get charged by them. Furthermore, yes, I am also aware when it comes to bull run, many eyes will be looking into the space, so the regulation pressures will likely increase.

As the cryptocurrency ecosystem becomes more mature, a strict or firm policy will be directed toward this space. There is a lot of interest and motive from authority to control this space.
6  Economy / Gambling / Re: QuitGamble.com - Free Help for Problem Gamblers on: December 12, 2023, 01:49:42 PM
There is no reason to prevent for-profit companies from achieving those goals especially increasing user satisfaction, but, the problem is do they use manipulation techniques or shady schemes to achieve that?

If that is true, then the word itself will become sinister. Instead of feeling better, the users are manipulated. This is obviously wrong, and we know there is antitrust toward big technology companies, and the reason is because they practise those things.

The thing is that every company, from a major one to a tiny food stall, all of them are trying to "manipulate" people so that they were buying their products. And those who are telling you about "manipulation techniques or shady schemes" are doing that too. They just want you to consume their product, information in that case. And it's natural, there's nothing wrong with that. You just can choose not listening to them, including the promotion from casinos. It's your choice.

We must take power or information imbalance into account, a small retail is obviously different from social media companies which hold and have many user data accounts, that include their own user's behavior and interests. Given that, the probability they manipulate effectively will surely be a contrast and distinct matter. It is not just a mere to attract users to use or buy products or services.

The choice to use or not to use is certainly given to the users, but digging deeper, a question arises whether they are aware of being "manipulated" or not. Or, Are they aware they are being heavily influenced or not. If we took the asymmetrical information and power to the matter, surely it is not a simple thing where everything is ethically just.
7  Economy / Gambling / Re: Slot Educational on: December 12, 2023, 01:39:25 PM
When I said on the general scale, I did not mean the whole world. What I mean is still within the local context, but specifically, the issue is on a general scale. As I said, gambling addiction is a complex issue, and it is seldom can be significantly affected by such simple acts alone. The tweet itself did not get media attention, nevertheless, it became a viral tweet and sparked some discussion and debate. That's all.
Noted on that mate , maybe it did not go viral back then but with our help spreading this awareness maybe it is better late than never?
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The parade does not affect the whole country and did not on the news for a couple of weeks.
lets push this Parade mate, will be sharing in my social media platform to gain more attention and of course possibe good effect in the future.

When thinking about resharing it further, one thing that comes to my mind is whether such an act significantly affects the issue or it would just have a minuscule impact. I believe the latter.

Again I don't think this is an effort that is worth continuing. If we want to educate the masses, I believe there is a better option or alternative, rather than a passive one like on the parade. Personally, I rather support projects like Quit Gamble (https://bitcointalk.org/index.php?topic=5472898.0), where they have resources to help those who are addicted. It is more direct.

You can freely share the parade again on your own, but it is very likely it would have a low impact for the matter.
8  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Binance Shuts down their Visa Debit Cards in Europe on: December 12, 2023, 08:24:36 AM
It seems that we're going to see Binance everywhere to have issues, they're targeted by the regulators and it all means that they need to register for each of those jurisdictions one by one. Although they are an international brand and their operations are globally, that makes sense for them to be followed everywhere because of the revenue that they're getting for each of the customers where they are not registered. Name their services, visa debit cards, the exchange itself, anything.

If regulatory pressures are mandated and become more strict, the issue won't be experienced specifically for Binance, but also for other services that still don't comply with regulatory needs. Each government surely will attempt to make policies to govern and control borderless things like cryptocurrency, as soon they get rigid regulation, they will try to limit and request compliance for any centralized services that serve their own users.

Time will tells, and they would simply just wait before their turns come to follow any applicable and required policy and regulation concerning the matter.
That's right but for now, they're the center of attraction and I think that will serve as a warning for the other known and big exchanges that has a lot of customers from those countries that have issues with them. It's like that they're giving a sample through Binance and if the others won't comply immediately or they will turn themselves blind from this, maybe they will be the next ones that will be put into hot seat by the SEC. Yeah, only time will tell when.

Looking at the current Binance position on the market, surely the urgency or priority from the regulator is more concerning to them compared to others. But that doesn't exclude others to comply with the applicable regulation in the meantime, at some point in time, the authority will look back and demand clarity of how the business operates. If turns out they were not compliant in the past, I believe the SEC will take the matter into account.

As of now, I agree this is a wake-up call specifically for businesses in the cryptocurrency ecosystem to carefully and thoroughly reflect whether they meet the applicable regulator or policy, or not.
9  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Binance Shuts down their Visa Debit Cards in Europe on: December 11, 2023, 06:10:26 AM
It seems that we're going to see Binance everywhere to have issues, they're targeted by the regulators and it all means that they need to register for each of those jurisdictions one by one. Although they are an international brand and their operations are globally, that makes sense for them to be followed everywhere because of the revenue that they're getting for each of the customers where they are not registered. Name their services, visa debit cards, the exchange itself, anything.

If regulatory pressures are mandated and become more strict, the issue won't be experienced specifically for Binance, but also for other services that still don't comply with regulatory needs. Each government surely will attempt to make policies to govern and control borderless things like cryptocurrency, as soon they get rigid regulation, they will try to limit and request compliance for any centralized services that serve their own users.

Time will tells, and they would simply just wait before their turns come to follow any applicable and required policy and regulation concerning the matter.
10  Economy / Gambling / Re: Roobet.com | Crypto’s Fastest Growing Casino 🦘 on: December 11, 2023, 03:35:43 AM
I am also baffled about the use of the terms investment here too.  Is it the money use for gambling or money used to invest in a gambling platform which in return will give a person some passive profit in depending on the platform profit?
I don't understand why you guys are getting so confused here. Investing itself means pouring your funds into something with the expectation of acquiring profit which is what gamblers try to do with their funds in gambling sites.

Gambling is wagering/staking something with an uncertain outcome. While on the other hand, investing can be said as committing to something with a calculated expected outcome, consequently owning parts of the thing you are investing.

If the gamblers only play on the site, they own nothing. It is inapplicable to investors since they own part of the shares/things, regardless of the outcome. So I believe both things should be differentiated.
11  Economy / Gambling discussion / Re: Ever heard about financing a gambler? on: December 10, 2023, 06:01:46 PM
As I said, it is just a different case. Speaking about the whole picture, addiction is complex, surely a single method to help an addicted person won't work. Every addiction must be handled with a different case and scenario. Even if some single method to overcome addiction works, with some particular people it will be different.
So, with what you say, I agree and indeed every case that occurs should be handled with several different methods because that way it will be easier to see the progress of changes in person to recover in the most effective way.
Moreover, what you said previously was only about different cases, not about how to handle it as whole.

Quote
What I meant, is if at some point in time, they need a word of encouragement it is a good thing, but that should not be the sole reason that will magically solve the problem.
I know that and indeed giving certain words will provide encouragement and motivation so that they can continue to make various efforts in the healing process or solving problems that are currently occurring.
But just relying on words like that will not be affective because everything can go according to plan in success in recovering or solving problems if there is evidence or guidance in the process.
Most people don't really care about words and they can only accept and apply them if direct steps are taken.

I'm not a medical professional and based the post on my personal experience, so surely it is incomplete and not thorough about what and how to handle such a case.

A lot of ways and methods are required to help such kind of person, and mere words contrasted with the issues the person got is a no match. Nevertheless, we should not discredit its importance when it is being handled by the therapist or professionals. They might seem does not to care, but if it is done gradually, it will have an effect no matter how big or small, that is to assume it is part of the healing processes.
12  Economy / Gambling / Re: Slot Educational on: December 10, 2023, 05:45:15 PM
The parade may affect locally, but on a general scale, it won't be effective in solving the whole issue. Gambling addiction is complex, regulations are required to prevent and measure it widely. So only by judging based on a single unknown video, the effectiveness certainly can't be measured precisely.
Not sure if this will take effect to the whole world issue but yeah locally there is significant effect , though it may be differently from someone who might quit while others might get interest.
but indeed that surely the parade will effect the whole country adnd gambling may become in the news for couple of weeks.

When I said on the general scale, I did not mean the whole world. What I mean is still within the local context, but specifically, the issue is on a general scale. As I said, gambling addiction is a complex issue, and it is seldom can be significantly affected by such simple acts alone. The tweet itself did not get media attention, nevertheless, it became a viral tweet and sparked some discussion and debate. That's all.

The parade does not affect the whole country and did not on the news for a couple of weeks.
13  Bitcoin / Bitcoin Discussion / Re: Jamie Dimon said he would close Bitcoin down if he was in government on: December 07, 2023, 05:06:11 AM
Unfortunately, not even the government can close down Bitcoin. Obviously, he does not know any better with such a simple case.

I recently found out from the graph on this thread that the Bitcoin obituaries for a person exist, specifically for this case. I thought it just exists in the general case as some of us may already hear with https://99bitcoins.com/bitcoin-obituaries/. Generally, a person deemed to have high influence always has media attention for such controversies. This case is an example, any media or influential person will likely be against the tool that empowers individuals. So I expect many such high-profile people will do the same, and the media will try to gather that attention for their own motives.
14  Economy / Gambling / Re: Slot Educational on: December 06, 2023, 11:52:23 PM
You are reducing a whole industry that based on research could be evaporated by only such things as willpower? that's absurd. Not every psychological condition is merely caused by a lack of willpower. Also, Willpower would not be the sole solution to help those who are addicted. That is simply ignorant and unemphatic to believe such a thing.
Firstly, you need to read posts thoroughly since I never specifically stated that the entire psychology and therapy industry is depending only on the willpower factor. It's a major reason behind most mental conditions which helped their industry earn big.

Secondly, you clearly have no idea how important willpower is to gambling addicts which is your opinion is what's absurd. Do your research.

Let's clear a few things up. Yes, you did not explicitly and specifically stated it would be evaporated. It was just a wrong word choice of mine.

The part of the context that I heavily disagree with are:
Quote
the therapy and psychiatry industry would be so poor.

And the one specifically yours.
Quote
The majority have weak willpower leading to regular issues like gambling addiction etc in their day to day lives while the minority have great willpower who live their lives successfully.

The psychiatry and therapy industry earn huge amounts thanks to so many people possessing weak willpower.

I think that is just plainly wrong. Weak willpower may lead to addiction issues, but it can not be substituted as a significant cause on the general scale in every case. More importantly, regarding the psychiatry and therapy industry, the context implies only dependence on those who have weak willpower.

Secondly, you clearly have no idea how important willpower is to gambling addicts which is your opinion is what's absurd. Do your research.

Heavy simplification. And Extremely narrow point of view. "important", "willpower", "addicts".

Addiction is a complex subject, and singling out one cause as a major important factor, without considering other factors, is ludicrous.
15  Economy / Gambling discussion / Re: Ever heard about financing a gambler? on: December 06, 2023, 09:01:47 AM
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Encouraging words of advice or suggestions can indeed be useful for those who need them, but will they work?
If they personally feel in need of encouragement, well of course it will help them, specifically in that context. So it would work. What comes after is a different case.
But doesn't everyone have an impatient attitude, they even give up easily and this is natural attitude that everyone has without exception.

As I said, it is just a different case. Speaking about the whole picture, addiction is complex, surely a single method to help an addicted person won't work. Every addiction must be handled with a different case and scenario. Even if some single method to overcome addiction works, with some particular people it will be different.

What I meant, is if at some point in time, they need a word of encouragement it is a good thing, but that should not be the sole reason that will magically solve the problem.
16  Economy / Gambling discussion / Re: Can loneliness make one addicted to gambling on: December 05, 2023, 02:34:13 PM
That's true, everyone could have their own personal reasons why they are gambling, some are doing this for fun, maybe just to whine away time, bordomness or loneliness as the case maybe, while we still have some people gambling for the sake of earning money from it for their survival, we have to also know the category of which we belong here, why we have chosen such and how we are best satisfied in making a conclusion on that category kind of gambler.
I believe that most people are into gambling because they want to earn huge amount of money by trying their luck and at the same time they want to enjoy each win that they have. It's basically a fun activity for them that could earn them money if their luck is good and that's the reason why most players place bets.

You're right there can be a few people who want to get rid of boredom and loneliness and that's why they place bets in their favorite games in order to have some relax and enjoyable memories. But, it's a fact that if someone plays a lot and gives most of his/her time playing those games can get addicted to those games and then the fun part will be lost.
Personally I am into gambling not to win a jackpot or earn huge money, I gamble for fun just to earn some extra funds thus I only gamble with small amount of money the amount of money I can afford to lose,~

There are many reasons why people choose to gamble and the reason they get addicted also varies. We need to set a baseline standard that addiction is no good. So for whatever reason someone might gamble, and if it reaches the point of addiction, they require further help.

Nevertheless, to set a specific reason for loneliness as a cause based only on OP's story, I think it lacks nuance context. We can not know for sure what is the trigger that makes OP's friend decide to play gamble. You might say that you are into gamble because of this or that, but, it is tricky to put yourself on the some else's shoes.
17  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Tornado Cash: A Privacy Mixer on Ethereum? on: December 05, 2023, 01:19:55 PM
https://cointelegraph.com/news/tornado-cash-token-falls-binance-announces-delisting
"Tornado Cash is a cryptocurrency mixing protocol, and TORN is used to vote on proposals for upgrading the protocol. From Nov. 26 to 27, the token took a nosedive, falling from $3.90 to just $1.66 — a decline of 57%. The price decline happened as the world’s largest crypto exchange by volume, Binance, announced that it would stop accepting deposits of TORN on Dec. 8 and no longer process withdrawals after March 7, 2024."
https://www.coingecko.com/en/coins/tornado-cash
That day they delisted a number of other tokens that also dumped so hard. The coins including waltonchain, Bitshares, PERL. I am not sure if the delisting comes at a time when Binance is under fire from the regulators, or this is just their routine.

I am actually surprised that TORN was still trading on the exchange after all this time.

Binance still plays a major part in the cryptocurrency scene, so the token delisting will surely affect the market. I believe due to regulatory pressure, even though it is not a direct way to adress this particular token, they feel pressured to delist such kind of token. Not to mention this particular platform is sanctioned and you know the story. So, it is likely they did it for purposes.

Regarding the token itself, surely the liquidity will not be like before, but if there are still an usecases within the platform, I'm sure the token will hold on.
18  Economy / Gambling / Re: QuitGamble.com - Free Help for Problem Gamblers on: December 05, 2023, 11:50:19 AM
~

Unfortunately, the feeling of gambling is what they make addicted, in addition, casinos invest in research and development about how to put more players getting sucked into the game. ~

Do you have any evidence of that? Or do you mean that trying to make your product better is automatically implies making your customers addicted to your product? Then everyone is guilty, every company like Coca-Cola and others. Is that what you mean?

That is the bare minimum for a gambling-related company. See the book Addiction by Design: Machine Gambling in Las Vegas, I haven't finished it yet, but, you get the gist. I mean making players spend more time in the game is within the motive of those companies. The gambling industry itself is a competitive space, who wouldn't make their own casino extract more profit compared to its competitor?

Schüll describes the strategic calculations behind game algorithms and machine ergonomics, casino architecture and “ambience management,” player tracking and cash access systems—all designed to meet the market’s desire for maximum “time on device.”

I know what the author describes is the non-online gambling activities, but, there is no reason most parts also apply with the online one.

The word "better" requires a context, drink or social media companies generate profit from their own buyers and users, mind that social media do try to increase user screen time and sugar is also addictive. That might cause indirect consequences, but that does not close the possibility of the company itself investing in shady practices.

That's what I thought! Thank you for your reply! So, in your opinion all companies are doing everything they can to make people addicted to their product. Well, I agree with you, only in this case the word "addicted" doesn't look so sinister. It just means people want to use your product because they feel it helps them to feel better.

There is no reason to prevent for-profit companies from achieving those goals especially increasing user satisfaction, but, the problem is do they use manipulation techniques or shady schemes to achieve that?

If that is true, then the word itself will become sinister. Instead of feeling better, the users are manipulated. This is obviously wrong, and we know there is antitrust toward big technology companies, and the reason is because they practise those things.
19  Economy / Gambling / Re: Slot Educational on: December 05, 2023, 11:01:15 AM
The parade may affect locally, but on a general scale, it won't be effective in solving the whole issue. Gambling addiction is complex, regulations are required to prevent and measure it widely. So only by judging based on a single unknown video, the effectiveness certainly can't be measured precisely.

Affect locally, both positively and negatively imo. Positive effect, the parade may make people aware about the dangerous effect of gambling. Negative effect; the parade is introducing gambling to people who have never knew about it. Coming up to effectivity, it is depending how the parade present it to piblic as well as the level of awareness from the people who watch the parade.

Indeed, one of the unintended consequences is those who haven't been exposed to gambling may be curious about what it is all about. It may lead them to experience and get to know about it. Especially children without direct intervention or guidance from their own parent.

I can't say it won't have any positive effect, but I believe it will be insignificant noting the parade is polished in a fun and ironic way. You know kind of inside jokes from the community, so that is the reason why I have that opinion.

20  Economy / Gambling discussion / Re: Do not gamble with Loan Money~otherwise you will be in danger like me on: December 03, 2023, 01:59:01 PM
It's not new seeing this, because I'm the recent past I have seen people turn out victims of what they usually advised people against probably because bat some point they were constrained and could no longer stay disciplined well enough to adhere to the advise they even give out.

Borrowing to gamble is definitely not something any One should consider at any point, this is because of the too many uncertainties attached to gambling, you almost can't tell when you are going to turn out lucky with the casino and if it turns out you aren't Lucky especially when you stakes the money you borrowed it becomes a problem for you because you will have to pay back your loan regardless of the circumstances that befell you.

There is a saying of "walk the talk". It is very easy to just simply talk without taking an action or internalising the saying. Everyone could fall for this, so we all should be wary of it.

Concerning borrowing money for gambling, this is absolutely a bad decision. Disregarding the financial condition of the borrower, I think playing a game like this, should not necessarily come from money they didn't have. It is not a matter of uncertainties, but rather a common sense. Gambling is an extremely high risk, any lender should take precautions when lending money to a gambler if they state the reason for it is to gamble.
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