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June 13, 2024, 02:32:36 PM *
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1  Bitcoin / Bitcoin Discussion / Re: Do not get discouraged by the current price of Bitcoin on: June 12, 2024, 11:58:52 PM
If there are still a group of people who still dare to say that Bitcoin is a scam as you mentioned above, of course they cannot benefit from Bitcoin as a cryptocurrency which is trusted by many people, both as an investment asset in the long term and can also be used as a trading.
Don't give your time and attention on them. They're going to get tired of telling that for most times. They're not going to benefit from it and they're not also beneficial to the community.

Bitcoin has been dealing with all of their bs for so many years and now, those that have even told her about being a scam is probably one of the holders nowadayts.

Those people will regret their wasted effort and time. Instead of holding and accumulating while it's not yet soaring to the prices that we're waiting for, they're doing all of these nonsense talks.

You can't force someone to believe into something. Thus, let them learn on their own time. Sooner or later, they will change their stance on this market. It is better for you not to shove on their face the facts. Let them realize it on their own time. It has been more than a decade that btc is in this market, so those who are calling it a scam doesn't know what he's saying. Later on, he will understand how he was so stupid of thinking such idea to this market.
2  Bitcoin / Bitcoin Discussion / Re: Which seed should i choose? on: June 12, 2024, 11:40:51 PM
Which exchange? It's the wrong mindset that our funds aren't SAFU with CeX. I have been using Bitget for a long time now and keeping my funds there cause I see they have the transparency and proper security arrangements to safeguard user's assets. They review their wallet from time to time and the valuation of their Reserve Fund in addition to the User Protection Fund which is another layer.

You do not understand the point of Bitcoin. NYKNYC

He will understand it later on if something happens to that exchange. Even if we say, there's SAFU in that exchange like in binance, if there will be a hack, definitely you can't have access to your funds right away. It means, you may need to wait for them to resolve the situation before you can access to your funds. What if you badly need such funds? You don't have the time frame when will you get it. And that for sure is like waiting in vain. So it is always advisable to store your coins where you have full control of your funds.
3  Economy / Economics / Re: Should there be a limit to investing in your children? on: June 12, 2024, 11:16:21 PM
Do you think parents should have a limit on the amount they can invest in their children?
Children are not an investment, that is something that parents should have in mind, but that is also what happens in my country where parents consider their children as aninvestment.
Giving the best is a must for parents who should not expect anything in return because it will be disappointing, and if there are children who have graduated from a good school or university but are still dependent on their parents then that is the parents' mistake in terms of education.
Investments are assets and the assets must provide good returns for the future, and that is not our children.
Well probably parents have also different mindset when it comes to their children, and I respect that. However, for me, more than an investment if that’s what others think, children should always be well taken care of by their parents, not because they’re capable, but because it’s their duties and obligations to safeguard and secure their lives 24/7, otherwise people will call them irresponsible parents. That’s why they should not expect in return from their children, but I guess children can do the math as well, if they are well loved by their parents, then they should also do the same.

Parents should not expect what their children can give in the future because of what they are giving today. It is always the responsibility of a parent to take care of the welfare of his kids. So for me, children should not be treated as investments, always make sure they are getting the right things to live their life accordingly. There may be limit on how you provide their needs, if you think it is already a luxury, then don't give it to them. Spoiling children won't do any good later on in their life. They need to understand the hardship in life for them to appreciate what is being given to them.
Now, in terms of taking care of their parents, it is how they brought up to this aspect of life. You can't force them if they have other beliefs.
4  Bitcoin / Bitcoin Discussion / Re: What are the benefits of accepting Bitcoin as a method of payment. on: June 12, 2024, 10:39:15 PM
The most important benefit of accepting Bitcoin i could think of at the moment is the fact it's like an payment with possibility of more profits. Let's say if I have received $10000 as a payment and in a week the akue f Bitcoin increases by 10% then I would have $1100 if I hodl it.

But I strongly object to your point saying it's cheaper than western union, I think you should check the transaction fee during bull run or when Bitcoin's value is higher.

Aside focusing on one direction you need to also note that, Bitcoin can be in sideways or dump movement within some few hours, so it can cause loss to its trader after receiving Bitcoin as a tender for payment.

In such cases, don't convert your btc to USD or other currencies. You will only lose if you are in a hurry and have urgent needs. But if not, you can always wait for the btc market to increase its value.
For now, the major benefit that I am seeing is that the possibility to earn profits is high because of its volatile nature. But you need to understand that it depends on when will you cash out this currency.
Other benefits that you can derive from this currency -
> cross-border payments with very low transaction fees
> anonymous payments, no need to get the credentials of your clients
> you can transact at the comfort of your home
5  Economy / Gambling discussion / Re: The real winning of gambling is withdrawals on: June 12, 2024, 10:10:09 PM
Op I agree with you, the money that is in the gambling platform is not yours untill you withdraw it and use it to buy something else the money will use for another attractive games again and if your luck is not good that time again then you will lose all. So the best thing is to withdraw the wins and if your want to continue gambling then you remain the amount you want to use and withdraw the rest. So you will know that you won something.
In every aspect of our lives, the best part that is suppose to be used to justify an individual is the ending part. So the end justifies who we are. You can not say you are winning while you are still in the game and the money has not been withdrawn yet. In gambling, you only have rest of mind when you have been able to withdraw the money successfully. But when you have not seen or known what will going to happen in the end, your mouth will be shut of words and even if everybody is trying to get your attention, you will only be focused on what will happen to your money that you invest in gambling. You will feel disturbed,anxious and worried.
So even if you said you are winning, you just said it but in reality, you are not until you have made the withdrawal.

Finally getting your money out of the casino is indeed one way to say, you have won. Not only from your games but from the temptation of playing again and losing it to the casino. However, after withdrawal, don't try to deposit again, much better if you wait for some time to play again. It would be best to use some of your winnings to something valuable, like paying your bills, buy groceries and others.

If you set your target winnings before you deposit, stick to it. Once you achieved such winnings, don't think too much, just withdraw and play another time. Most gamblers failed on this because they will use their winnings to continue their games. And before they know it, it is already too late as they already used up all his bankroll.
6  Economy / Economics / Re: Don't fall for the "Beauty premium" of some coin/site on: June 12, 2024, 09:40:15 PM
What is seen indeed is what is sold.
For example, if we go to the clothes market, the clothes that the shopkeeper is praising the most, or the clothes that everyone is buying, our eyes go to that and we also want to buy them. Similarly, when new coins come in the market and are going up rapidly, most people start buying the coins, and when they suddenly start to fall, many people lose a good amount of money. Yes, this is my personal experience this happened to me too when I was new in the market.

I bet on a coin and lost around $2,000 at once then I realized that all that glitters is not gold. And this is the crypto market, one should think a hundred times before investing money here, especially in meme coins. Many times I bought coins which never went up and my money was lost but it is also true that man learns from his mistakes, only by experience results are achieved. We prevent others from what we have suffered and advise for what we have benefited from.
The thing is that many people will not believe something unless they experiment it themselves, so even if we were to tell them the majority of the meme coins out there are scams, when they see so many people investing in them, this gives them the false belief there is safety on the numbers, and if there are so many people investing in those coins then they cannot be so bad, only to realize later on that they were wrong, but such a late realization will cost them a massive amount of money.

Let us put it this way. People need to learn their own lessons in order to understand what is really going on in this market. Without first hand experience, it would be hard for them to accept such fact that most projects are not here for long-term. Most will be short-lived and as soon as their respective developers cashed out their share, they are gone.
Now, let us have a brief look at cmc, just checking the long list of alts will give you about ten thousand alts and more. How many of them do you really know and are really doing good in the market? Most traders or just regular crypto users are familiar with top 20 alts. What will happen to the others? This is why they are mostly forgotten in exchanges.


Source: https://coinmarketcap.com/?page=101
7  Economy / Economics / Re: Involve an attorney in your business dealings. on: June 11, 2024, 11:51:39 PM
IMO, you can call this term black and white. Everything will be documented and on paper when you've got some dealings to do.

And that's really the first thing to do when things go south and that's to seek legal counsel that will help you how to resolve these matters or how to counter that deal that went against your contract.

I've been into many business deals and fortunately, I didn't have to come up with this kind of situation.

If you know that you are dealing with good amount of money and a lot is at stake, a lawyer is indeed needed in your transactions. I can understand if you are only doing small business as you can manage it on your own. But if there are other stakeholders and they have vested interest in your business, it is better to have a lawyer that you can go to. You'll never know what will come up later on. You may need them even for consultancy services.
8  Economy / Gambling discussion / Re: How to resolve gambling related wallet issues on: June 11, 2024, 11:19:41 PM
I have used my binance to receive withdrawal from gambling site's and I haven't encountered any problems before and most also many other members here are enrolled in gambling campaign and sometimes the funds are paid directly into their excahges and at no point in the time have we hard such issues of account blockage because of inflow from gambling site, but just like many have suggested, I think the best approach to all of this is to always read details of the agreement of the excahges before making any direct transactions into excahge accounts, since their are centralised and have their own rules to go with all time.

As mentioned by other users above, coinbase and poloniex have such terms of not receiving funds from unlawful gambling. Now, if you are not sure about the protocols of the exchange, you can always transfer your coins to your own wallet first like in electrum or other third party wallets that you trust, and then just transfer to the exchange if you need to convert your crypto to other alts or fiat.
It is better to safeguard your funds by securing it in your own wallet where you have full control.
9  Economy / Trading Discussion / Re: What happened to the crypto market? on: June 11, 2024, 10:46:12 PM
I would suggest you not to panic as this is pretty usual for crypto market and we have seen this time and again. It will buckle up and this would be the phase where one can make quick investment to get quick profit. As far as your concern of tokens being revised to 1/4th of its value that's sad but I guess those are new tokens or meme coins or other Altcoins not in top ten as this tends to happens but market will recover hence take a chill pill.

That's not surprising for most tokens, as they can easily lose value especially if there's no solid foundation for such project. This is why it is hard to invest on tokens and other alts. The chance of holding worthless tokens is always there. But if you will stick to btc, the price may have a roller coaster ride but it won't disappear in the market without a warning. Hence, most of these long time holders are discarding their tokens and other alts and just dedicate their resources to btc. They found out real quick that you can't trust most alts for long-term purposes. But if you can trade these alts fast, you may likely get good profits but don't get too sentimental holding them, because high likely, you will be screwed big time.
10  Economy / Gambling discussion / Re: How were you able to handle a losing streak up to 5 times and above? on: June 11, 2024, 10:24:44 PM
Have you had this experience before, and how were you able to manage/handle it?
Losing is not unusual, there are gamblers who experienced much worse than 5 times losing streak. I also had such experience but not in sports betting but more on live table games.

It's really frustrating especially if you're hoping to somehow win but keep in mind that's gambling. Losing is inevitable sometimes and you need luck to win regardless of you're playing on casino games or sports bet. Thus, only use a spare money so it won't hurt you much incase you didn't manage to win.

Losing is always part of your gambling activities. I don't think anyone is immune to losses. We may incur losses from time to time, but if you are only using your extra money, it won't be very hard for you to move on. This is how I can cope up with my losses. Before I start my game, I already know how much is my max amount that I can allow for my losses. If I already reach such amount, it means, I need to stop no matter what. I understand, from time to time, you may go beyond your set limit, but if you can still manage to stop, you won't go home so broke with your pocket.
11  Economy / Gambling discussion / Re: A list of lucky casinos in crypto on: June 10, 2024, 05:50:20 PM
What you are talking about exists already with some crypto casinos such as Stake, they have a list of lucky winners on every slot on their casino, that allows you to see the possibility of hitting a good win. However, comparing these statistics won’t get you to anything.
It is all based on luck, casinos will never show you all the data, because losses are more than gains, in all games you will find the house edge always beating gamblers. Among most gamblers and spins you may find few lucky gamblers hitting Jackpot or Max win, it is really rare and sometimes the amount you win in Max win or Jackpot doesn’t cover the money spent on gambling before.

I don't think casinos would publish such stats but we can already see the top winners on every game for each casino. Now, it is on you how you will look at it. I have seen a lot of high rollers in some of the top casinos here, of course, stake is one of them. And they won't have any problem disbursing big wins. Have you ever heard of a complaint from a gambler who won in stake who has not been paid? If there is, more than likely, it is the gambler's fault. This is why if you don't want to incur problems in terms of withdrawal of funds, better stick to top casinos found in this forum. You won't get agitated if you have some funds to withdraw as long as you are being honest with your games.
12  Economy / Gambling discussion / Re: Is there a legal jurisdiction backing up gamblers against the casino oppression? on: June 10, 2024, 05:35:57 PM
I was thinking if there's a jurisdiction conveyed to backup gamblers during when the casino tends to take advantage over a gambler such as when a the casino penalizes a gambler uncalledfully without a prove of violation.
I only learn that some individuals can only take such case personal upon themselves for a resolution of justice for such a helpless gambler but my question is if is there any jurisdiction to backup interests of gamblers as much terms and conditions of casino sites lies to tender legal backups to the Casino companies?
Well, I do not know what others think or have said, but personally, to give you a more appropriate answer, I will want to rephrase your question a bit, and would use the word "law" in place of jurisdiction, even though this two means almost the same thing, but many may misunderstand "jurisdiction" to mean a place, like a country or something.

So, personally, from my experience, the only means through which gamblers have been able to fight against the injustice of some casinos against their players in through the court of law, casinos (whether online or offline) can be sued to the court of law, and if at the end of the case, the gambler wins, the casino can be penalized, some cases have lead to the court revoking the license of the casino after having the casino pay huge fine to their victim for damages and other penalties.

But the issue is that, sueing a casino to court is not easy, you have to first and foremost, either have a lot of money, or have great connections, or better still, have both.

And that's the very reason why you seldom see someone suing a casino, whether in offline or online platform. Hiring a lawyer alone would take some of your funds, not even considering the mental impact that you will go thru this process. So if the amount is not significant, most gamblers will just let go of their situation and move on. Also, it is hard to pursue a case if you have no enough money as well as hard evidences that the casino really screwed you.

Here in this forum, we have scam accusations thread to publish your complaint. I believe this is one advantage if you are playing on a casino which has active presence in this forum. If your complaint is indeed valid, you can really get actual help from their rep, forum users and resolve your solution in a fair manner.  
13  Economy / Gambling discussion / Re: ⚽ UEFA Euro 2024 in Germany ⚽ - Qualifiers👉Group Stage on: June 10, 2024, 05:09:30 PM
In a pre-tournament friendly match, France, one of the strongest squads in the tournament and a favorite, faced Canada. The match ended in a 0-0 draw. Olivier Giroud has had an illustrious career and as Olivier Giroud prepares to retire from international football after Euro 2024, he shed tears as he left the pitch.

He is soon to be the oldest player to wear Les Bleus jersey so I kinda feel the emotions he was going thru here. He has a colourful career breaking a lot of records, so definitely, he will be missing this sports badly as he finally say goodbye from this arena.


https://www.getfootballnewsfrance.com/2024/olivier-giroud-sets-another-record-before-bidding-farewell-to-france/

Friendly matches seem to be a final preparation condition for several ways that can indeed be used to trick opponents considering the Euro is only a matter of days away from starting.

Some friendly matches are only as their relaxant and as a final preparation before finally really exerting their strength in the Euro later so it is quite natural that they hold back a little so that the opponent will not know their plans in preparation for the euro this time.

Statistically, some big teams still dominate to have a strong probability of winning but on the other hand we also still have to continue to wait for how the continuation will happen later because for now we cannot make it seem as if one club can easily be in the final especially seeing some young players in the national team at this time there are some who are quite prominent but we cannot know for sure whether it will match expectations or not.

You can't really count on the table these friendly matches. As there is no pressure to win, these athletes have no eagerness to put their best foot forward on their game. It is like a warm-up for these athletes and enjoy the game without so much pressure.
14  Economy / Gambling discussion / Re: ALLinBETS Casino Gaming Platform on: June 10, 2024, 04:46:07 PM
I feel it’s the same pattern of hype that goes with all these new platform claiming to being able to revolutionize the whole industry.

From what I’ve seen after checking their site - they don’t have a large community yet (so I believe the aim of this thread is inclined to getting more audience) and also they haven’t launched yet, so unless they finally launch and bring what they have in-stored I won’t consider them any different from gambling/gaming site I’ve seen before.

If the OP is referring to this site - https://allinbets.com/

Then, they are about to launch and so we don't know yet how they will perform in this business. Also, if they won't have official rep in this forum, not advisable to play because if you encounter problem, hard for you to reach out their support. So as much as possible, they should create their official thread here.
So for the OP, if he really wants to promote this new site, better contact that AllinBets team and ask them to create their official thread. It is advisable to have their rep in this forum so we know we are communicating with their team.
15  Economy / Gambling discussion / Re: Religious leader barred from casinos because of big wins. on: June 10, 2024, 10:31:07 AM
Are we like living in a fucked-up post-scientific revolution phase of the dark ages? Cause no way in hell the catholic church would allow someone like him to be at one of the highest seat of power in the Christian Power Hierarchy and still be able to gamble like crazy, regardless if he's winning or losing. People are getting ousted for the littlest things in the Roman Catholic seats of powers, a few weeks ago a UK priest was kicked out of his convent and stripped of his title as a priest cause he misappropriated his church's funds for powerups in candy crush. And here we have an Archbishop that is eagerly playing their shit and is even getting banned in casinos because he wins so much. Weird times man.

Every religion has their own beliefs and so we don't know bout their beliefs towards gambling. After all, only humans are creating such religious sects and making their own rules. So if that leader is involving himself in gambling, then, it is up to his followers if they will believe his teachings or whatnot. And I don't think it has something to do with his "God" why he is winning. For sure, he has strategies on why he got those winnings. Most of them will just use the name of their God so they can continue doing what they want to do in life.
16  Economy / Gambling / Re: Are there any good betting websites for the upcoming Euro on: June 09, 2024, 11:56:30 PM
Guys can you recommend any good betting websites that are legal and benefeciary?
I don't know what you call beneficiary. Do you mean sportsbooks offering good bonuses and/or promotions, sportsbooks offering interesting odds or sportsbooks offering a safe place for your funds and your possible winnings? If it's the last one, I recommend you to bet on decentralized Web3 sportsbooks like bookmaker.xyz, you will always stay in control of your funds because you don't need to make any deposit when you bet on matches, and your winnings are automated since bets are using smart contracts. Otherwise you can use Sportsbet.io it's a very reputed sportsbook in the crypto universe, usually offering many juicy promotions, bonuses and tournaments for big events like European Championship.
.I think maybe that's the area he is trying to sight or get insight about, well as for the upcoming event I feel every casino now is at their very best trying to make the best type of promotion and bonus offers for their Gambling customers especially the ones that are more of sportsbetting like football. You can get lots of responsible casino that are filled with so much offers and bonus and not to say there are also legit and trustworthy just like the casino am actually advertising for which is stake.com.

Not being biased here. But yes, if you don't want to have issues when it comes to your funds, I would highly recommend stake. Though if you want to try other sites, better stick to bookies that can be found in the forum, at least with active thread so you won't have difficulty in reaching out their support in case  you encounter trouble.
There are bookies that may try to offer mouth watering rewards or bonuses, but don't get easily tempted. They may have conditions such as high wagering requirements and specific odds to meet. And that would mean, you won't see your winnings as you will lose your winnings before you even achieve half of their requirements.
17  Economy / Gambling discussion / Re: Is web3 casino the new trend for casinos? on: June 09, 2024, 11:32:54 PM

Launching a truly decentralized casino would imply the developer to take the risk of putting his funds and the funds of his gamblers at risk, because of bugs, or exploits. It would not be the first time a dapp gets hacked and stripped of their funds. Look up for what happened to Pickle Finance.

This is why they are not popular among gamblers, the developers of these web3 casinos should explain and ensure their players are safe and their funds are safe while playing here because it is a command base and you grant these casinos permission, these web3 casinos should be properly audited and monitored by a reputable smart contract auditor.
I still prefer a centralized exchange where regulations are in place and you are more familiar with the environment.

And that they can't guarantee as hackers are always on the works to find a loophole on these platforms. This is why a lot of these gamblers are still sticking to centralized casinos/bookies. At least, if they got a problem, they can easily contact support and possibly resolve their situation.

Besides, we don't know how honest is their 3rd party smart contract auditor. For all we know, the auditor itself is also part of the business of their platform.
For now, some of these developers are trying their chance on web3 casinos. We will see if they will indeed proliferate in the coming years.
18  Economy / Gambling discussion / Re: Team strength as the main predictor. on: June 09, 2024, 11:09:40 PM
All these are  factors to really consider talking about team strength and their ability to get to win any game because a team can actually be strong and still turn out to loose a game because of certain circumstances that resulted in that game, it could be before, during or even after the game but all of which are still reasons the team may either win or get to loose the game in the end and most gamblers do use that as their measure for the strength of the team and not the odds placed on them by the casino because the casino can be wrong by virtue of their odd as the team may turn out stronger the odd the casino has placed on them. sometimes beyond all of these that have been mentioned is the fact that there could be uncertainties amongst players which are considered unforeseen and are not under the players or even the coaches control. football can be filled with surprises and circumstances that weren't expected, it may be different with other games but then all of these especially the players injury is very key and important.

The mentioned factors by the OP are indeed important in considering the potential winner of every match. However, there are some factors that you can't control at the match itself.  These factors may somehow influence the performance of the players and so the results may vary from your expectations.
The other factors you may consider are -
> condition of the environment (i,e. humidity - some players can't concentrate if the surrounding environment has high humidity, beyond normal to what he is used to)
> his current health conditions (he may be suffering simple cold and that can also hamper on his performance)
> family problems (sometimes it affects player's emotions inside the field)
> mental preparedness - you can only see this in their actual game 
19  Economy / Gambling discussion / Re: (Odds discussion) Would you still stick in your favorite casino if....? on: June 09, 2024, 10:47:46 PM
~
For Duelbits, it's offering 1.85.
For Stake, it has 1.80.
For Sportsbet, it has 1.90.

Would you shift to the sportsbook with bigger odds or would you stay?

In betting, odds and value are everything. If you have the opportunity to place a bet with better odds, you must do so. Another question is choosing a casino/bookmaker. Personally, I use several proven casinos and even if I see better odds in other casinos, I won’t go there because it adds risks plus costs (time, mental effort, transaction fees).
To be honest, I don’t even know what needs to happen for me to move on to a new project, given that the old ones are working perfectly.

Since the bookies that the OP mentioned are known and reputable ones in the forum, I believe I would just choose among those 3, if you are already using them for years. And if there is a new bookie offering much higher odds than those 3, I would say, be very careful as this may be a trap if they are offering higher odds.

If it is assumed that the odds difference is based on the casino sites but on the same games and same risk on determining your winning predictions, only one thing would be involved in such circumstances which is going for a reputable casino that would not stress you at your  cashing out private time.
Most times bettors are trapped on sites with an opening of bigger odds.
This is a true point because a casino not respecting its reputation would be negligent enough to scam certain users out of their winning or deposits.

Also though, those that wagger a lot of money on sports would benefit a lot from having better odds. Certain bettors will routinely search for the best odds also when making a prediction. So it really depends on how competitive one wants to be. In reality it's a different play style if someone wants to relax or look into the technicals.

It is no doubt if bettors would want more for their money. However, they do need to remind themselves that not all good offers come with fair requirements. Most of the time, new casinos would offer mouth watering odds but there's a catch - either high wagering requirements, higher withdrawal amounts or worst you can't get out your funds because they will find a way not to disburse your funds.
20  Economy / Gambling discussion / Re: Manny - Pacquiao VS Chihiro Suzuki Exhibition Match on: June 09, 2024, 05:56:35 PM
Do you think Manny Pacquiao still has what it takes to fight in the ring, this could be a tune fight to the match awaited Pacquiao - Mayweather2
The answer is no. Manny is over 40 years and Suzuki is in his late twenties. Talk about strength, stamina, speed and dexterity it is more in Suzuki than in Manny. Like the subject of the discussion goes, this is just an Exhibition Match nothing too serious. In other news, I don't think that Manny stands a chance with Mayweather Jr. Does anyone else think we would see a repeat of when Ugas beat Manny with this is forth coming fight?

Not late twenties, he's actually 25. He's young of course compared to Manny. I would say, if Manny is staying on his best shape, he can easily beat Suzuki on this match. Even if we say, this is an exhibition match only. This is boxing and Suzuki is more on kickboxing and MMA area of sports. Well, as we put it this way, this is only exhibition match, nothing more.
They have their own mission why they are setting-up for this match. Manny, I believe, will share the proceeds to his chosen charity organizations. Just like when he had his exhibition match with DK Yoo last December 2022.

Proceeds from Manny Pacquiao exhibition match will go to war-plagued Ukraine
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