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1  Economy / Gambling discussion / Re: Staking more than you receive or earn on: September 22, 2025, 05:58:46 PM
What makes people to gamble recklessly to the point of gambling more than what they receive as income is that most of them believe that they can get back what they use in gambling, and this is a very big mistake that many gambler's are doing nobody should use more than what they receive in a month to gamble because it's not a healthy lifestyle as such life style will always leads to contributing to the financial crisis of such people.
Gambling is like an investment, you don't know if you are going to be profitable at the end but sometimes I know there can be some cases when you know that this bet is going to earn you multiple profits and that makes you to invest some good amount that will make the result substantial. This does not happen everytime and the mistake of always being positive in winning have made some gamblers to lose more than they have invested in gambling. You can win or lose without blaming anybody for your poor outcome in gambling.

If you want to save from potential losses, better treat gambling on the negative side. Meaning, you won't profit in the long-run. So for me, I won't treat this as an investment per se but mere habit of having a leisure from time to time. Because it is not really an investment an all. Though the definition of investment is "commitment of resources into something expected to gain value over time", still you have no assurance that there will be gain in the future when you talk about gambling. So I would say, gambling is not really an investment. Once you treat it as such, I would say, you are putting yourself in a very risky position.
2  Economy / Gambling discussion / Re: Where do wrong network deposits into cryptocurrency gambling accounts go to on: September 22, 2025, 05:39:18 PM
gamblers, where do the coins actually goes to in reality?
Are coin send with wrong network actually lost?
Do casino have a system that can retrieve the money?
The coin sent to the gambling site address on another network is not lost, the gambling site has the private key that can be used to access the coin.

ERC20 and BRC20 generated on the same wallet will have the same wallet addresses. So the coin is with the casino and they have access to it.

However, some casinos have their terms on this kind of transaction and their stand usually is that they won't give the time to return it to the user. Though they have the control, unfortunately, most sites won't entertain such request from the user who mistakenly made the transaction. So this is another free income for the casino. For players, make sure that before you hit the send button, double-check or triple-check the addresses and the network that you are sending it to. Because most transactions are irreversible. It would be like a doing a good act if the casino will return the coins to the user who made such mistake. Because not many will do such reversion of funds.
3  Economy / Gambling discussion / Re: FIFA World Cup 2026 :Canada/Mexico/United States: Discussion Thread on: September 22, 2025, 05:09:13 PM
It's true that Brazil's performance has improved slightly, but I don't think it's enough to prove whether Ancelotti can improve the Brazilian national team. They only finished fifth, below Ecuador, their lowest finish, so there's not much to prove. Even without Ancelotti, they could still qualify if they perform like this. So I still think that Ancelotti won't be able to change the situation of the Brazilian national team that much.
Qualifying for the world cup is enough to see that Ancelotti is already doing well with the team, before he joined them, they were struggling with it and for someone who has done club coaches most part of his coaching career, the switch is not expected to be a perfect one at a goal and that is because the resources he gets at club is not same as that he will be given at countries and he does not have that privilege of been able to buy players the way he does at the club sides.  He may be able to change the situation at Brazil but it will take time as it is a different niche and he has been doing good so far.
You have to give Carlo Ancelotti time, I understand that there is not yet total trust from the whole nation but with time you will see that this thing will change greatly, Ancelotti knows perfectly well what he is doing and it is never a coincidence, he is laying the foundations to build a team that in my opinion will be very successful, you will see

People are not very patient and it is true, it would take time before someone can really see the improvement of the team. It is not an overnight task for a coach to build a stronger team. It would take time to hone the talents even if it is already there. They need to work harmoniously inside the field to bring out the best of their performance. Because even if they are the best athletes if they are not working there, I don't think they will achieve their targets as a team. Hence, it is also equally important that they have good relationship to give their best foot forward.
4  Economy / Gambling discussion / Re: 1xBet exposed on: September 22, 2025, 04:45:48 PM
They don't have any reputation left to protect so they just keep the scam running; anyone who hasn't heard of their craft will eventually fall a victim once by ignorance and get rug pulled.

The painful part of this story is that they fake a good reputation and invest a lot in all round promotional campaigns, just to reach out and scam more people. If that energy was put into the actual deal, creating a turning point and keeping the business real, it'd pay even better.
I love how we always get the firsthand warnings against most of these shady projects and how they get flagged when they get caught pulling off their stunt.

As they have money to fund the continuity of their scamming, some people are ignoring the fact that they are really scamming people. 1xbit is already the shady one, and so with 1xbet. Both have good revenue as they are popular to players. It may be their continuous presence over the net why players are still playing on these sites. However, it is known that a lot of cases have been unresolved for both. For a gambler, should be very cautious in using these sites. Much better to play in known reputable sites in the forum rather than stake your funds in these questionable sites.
5  Economy / Gambling discussion / Re: Is it a cultural thing? on: September 22, 2025, 12:41:58 PM
People often say that gambling is full of men. But I have seen women be addicted to gambling as well. Older women spend their remaining time in bingo places. You will often see grandmothers playing cards or mahjongs. Some daughters will even say they learned from their mothers. So I am surprised to see when people say they are only recently seeing women around gambling. Is it a cultural thing? Are women from specific cultures more prone to gambling?
As far as I know gambling is for everybody, unless you are not a lover of football. Because I have gamble with different women in one of the physical casino in my place, so a lot of women are gambling in different ways. There is one bet they normally called pool in my area women are the ones that always forecast game and give to the men to play, and even though they bet with a huge amount more than the men. So is not a new thing anymore, as long as the fun and entertainment is there anyone can gamble.

This is the good thing about gambling, it is open for all genders and span ages. Of course, as much as possible, you would not want your kids and teens to be involved in gambling as they have other things to attend to. We all aim for them to finish school and have better future. Because it is a fact that gambling won't give you a bright future if you will venture into it especially in luck-based games.
And some of these activities by women, especially the older ones, I guess, they are more on laid-back games as they are enjoying their senior years. So more than likely, they have the funds and they just want companionship and not really after for the win. Of course they want to win, but it is more on how they enjoy this activity as well as the socialization that comes with it.
6  Economy / Gambling discussion / Re: Do casinos release big wins instantly? on: September 22, 2025, 10:43:38 AM
Casinos usually attract new users with wins, for example, they give free trial bets at registration, then let you win, then offer you to play with their money and let you win again. But once you get more seriously involved, the chances of staying in the black decrease. If the amounts are large, you may be required to undergo more serious verification, for example, to send a photo of your ID. Not everyone agrees to that, because it’s unclear where those data will end up. I’m one of those who play only small amounts, so my wins does not very big, but my  losses too. I try to avoid various identity verifications because I don’t think they’re entirely safe.

However, as a player, you need to review their AML/KYC policy because most licensed casinos are already requiring their users to comply with their KYC protocol. Now, if you are not amenable on that, then, just look for a non-kyc casino which is quite difficult to trust as you need to do some quick research if the site is trustworthy or not. Based from what I read and experienced here, it is best to play on reputable casinos known in this forum which have their active thread. Because once you got into trouble, at least, it is quite easy to reach for help.
With reputable sites on this forum, I don't think you would get into trouble of withdrawing large sum of money. Because if they did, it means, the issue is not on their side, more than likely, it is owed to the gambler himself, violating terms or other issues.
7  Economy / Gambling discussion / Re: Who is in position to feel the regret? on: September 21, 2025, 11:55:41 PM
Sometimes, being overconfident about achieving a bigger win can be even more painful if those hopes don't materialize. Ultimately, you'll feel regret and wonder why you didn't withdraw your winnings first to secure your investment. This is a recurring issue and is experienced by many gamblers. Therefore, before gambling, you must be sure of your goal: whether it's for entertainment or the hope of making money.

Knowing your goal before every game would help yourself at bay from falling into rabbit hole. So if you still fall from the trap of gambling, then, it is on you, because no one else is responsible to yourself but you. People can give you a piece of advice or say something, but at the end of the day, it will be in your disposition what you will do with your funds.
So before you go to the route of ruining yourself owed to this habit, you may consider -
> that you have other basic expenses to pay for
> that you have other things that you need to take care of such as your family, kids, or parents
> that no one will help you out once you are already in tight position, or would be hard to reach out for help
8  Bitcoin / Bitcoin Discussion / Re: Does Bitcoin’s fixed supply cap create inequality over time? on: September 21, 2025, 11:20:28 PM
There will be many people in the Bitcoin community, in BitcoinTalk included, that will discuss the topic but avoid the actual point of the matter. BUT actually YES, like some things in our lives "inequality" sometimes CAN'T be avoided.

Bitcoin's fixed supply is what makes it scarce and therefore more valued. It may have some "inconveniences", especially for latecomers, but it's still a feature.

With its fixed supply, I would say, inequality would happen. Just consider the fact that big corp or rich investors are holding large amount of btcs. That alone will give us idea when the time comes when every satoshi matters. Thus, it is like owning fiat money as well. Look at the inequality that it creates in the community. Definitely, those who are holding large amount of money have better life than those who don't have. So in the future, if the price of btc will continue to be in the upward trend, those who hold most would be like holding a lot of money, as it can easily be converted to fiat.
9  Economy / Gambling discussion / Re: Have you ever lied to cover a gambling loss? on: September 21, 2025, 10:42:18 PM
Quote
Re: Have you ever lied to cover a gambling loss?
Nope, and TBH, I don't have any reason why should I do it.
There are only a number of people that knows that I'm into gambling. My partner is one, and the other is my friend which is into gambling as well (gambling on e-sports games). Aside from the 2 of them, nobody knows that I'm into gambling. I don't see any reason why should I lie to cover my gambling losses because those money are my spare money, and isn't intended to buy something that's important. If the money that I lost is for something more important like for food, or for investment purposes then I will say it immediately to my partner.

I don't like covering my losses especially to my partner because that only shows that you aren't open to one another, and at some point, you will say it to him/her anyways.

On my end, nope because first and foremost, I don't say to anybody that I am gambling. These days, I gamble via online platforms only specifically crypto. So no need to lie about experiencing losses. Otherwise, you are just lying on yourself. But if others know that you are in gambling, then, I would say, the chance that you really lie is high, just to cover up those losses to save your face especially if you took a loan from someone else.
So if you are doing this activity discreetly, I would say, there's no need to lie because it is yourself that knows it. You should be taking care of your funds in the first place and not putting yourself in a financially tight position.
10  Economy / Gambling discussion / Re: The relationship between gambling, gender and risk taking on: September 21, 2025, 09:46:25 PM
Not just in gambling but also in other aspects of life, men usually take more risks. Maybe it’s simply in our nature, we love thrill, adventure, and taking risks. So, it’s not surprising that men also take more risks in gambling and tend to be more short tempered as well. The number of female gamblers is increasing, but men still outnumber them. There’s no exact data yet on the ratio of male to female gamblers, but I believe men have the greater number. Like I said, it’s in our nature, and that alone explains it.

Though we have no concrete data on this, but as we have seen, male gamblers dominate the female gamblers for so many reasons. For one, females have more responsibilities at home that they don't have time for other recreational activities such as gambling. Aside from that, they are usually taking care of the budget of the family. So she knows if there's extra or not. On the other hand, males have different approach on this habit because they have more time so to speak. It is not males have less responsibilities but that's what it seems in most cases.
11  Economy / Gambling discussion / Re: 🎰 Slots reminder:playing longer doesn’t mean you’ll get luckier. on: September 21, 2025, 08:56:48 PM
With experience you get to develop a sixth sense that helps you know whether you getting to hit some big multipliers or chasing dead spins.. But I won't disagree with your timely advice, many are the times we think losing more means getting rewarded, but without luck on your side you might just be chasing your losses and the only safe guard one can have is to have a budget for this as a risk management safety net.

We are talking about slots and this is highly based on luck. So you should remind yourself that no matter what, you need to be conservative with your funds especially if you have limited money to stake. Don't think that your luck will come once you start losing. Better secure your bankroll before it is totally busted.
The problem for most gamblers is that they feel, they can always hit their luck after their losing streak. But unfortunately, in most cases, you won't. Hence, you should already pause your games once you noticed your about to bust your bankroll.
12  Economy / Gambling discussion / Re: 2025 Ballon d’Or Prediction thread on: September 21, 2025, 08:09:04 PM
No doubt Yamal Lamine was amazing for Barcelona last season, and I am not surprised he's among the top three favorite players to win this year's Ballon d'Or Award, but I think Ousmane Dembele deserves to win this year's Ballon d'Or Award more than Yamal Lamine because Ousmane Dembele was crowned the French Ligue 1 player of the season, and he was also the best goal scorer in the French Ligue 1 last season, and he helped PSG to win the treble, which includes the prestigious Champions League trophy.
This player may still have a chance to win the Ballon d'Or, in fact we can see that the Spanish player will be attending the Ballon d'Or ceremony tomorrow with twenty of his close family and friends. In fact the way this player looks makes it seem like he's already been handed the new Ballon d'Or, even though he doesn't know whose face will shine on that stage. My idea if these players can win this special award on Monday they will get recognition for their work through this award announced tomorrow. Perhaps everyone has seen the award lose all credibility before but perhaps at this special awards ceremony to be held tomorrow, September 22nd, this award will be bestowed upon a new deserving person.

He's indeed one of the favorites but in this kind of awarding, anything can change depending on the judges. This is the dilemma for most awards like this because the people may have chosen their favorites but in the actual awarding, the judge's criteria will be the one calling the shots. So let's see, he's still young so he has a lot of years to get it in case he won't get it this year. He may have attended but it doesn't mean, he's going to get such award. I believe those who are nominated can join such event. There are bettors on this event but I believe not so many because the results are very subjective in my opinion.
13  Economy / Gambling discussion / Re: Who is in position to feel the regret? on: September 21, 2025, 07:35:39 PM
I was have this ideology about gambling, though it's my own personal decision altogether. I was say instead the bull will go like that, let me cut the tail. I have once had this terrible experience about leaving it until it plays finish, I lost a big money. I was also giving a chance of cash out but i said it will play then at last it cut. The other one is that I went and cash out at the end it played. So I think it's better I cash out than loosing all.

As you have experienced such, you will learn your lessons well that it is better to have something, rather than nothing at all. Let us say, you have a very good feeling about your bet, but look at the angle where anything can go wrong, so in terms of profitability, you would always choose to have some. So yes, better cash out if you are not 100% sure about your bet. Otherwise, you can push thru your luck and suffer whatever the consequences will be.
14  Economy / Gambling discussion / Re: Would You Bet on the PH President Finishing His Term? on: September 21, 2025, 05:36:08 PM
So before I even think of putting money on it, I’d like to hear your thoughts. Do you think he’ll still manage to serve out the full term despite the scandals? Or is the pressure just going to get too heavy?
It will just be two more years before the next election and I think that he would continue his term. Betting on political instances can be difficult because it is complex. If he were to resign, who would replace him? The vice president? The same ones with corruption allegations? It is a whole mess right now.

I don't think he will resign as he is not directly implicated in their current issue. I would say, a lot of these politicians who were allegedly part of this huge corruption will resign not the President. So if there is a betting line, I would bet on finishing his term. He is not directly involved in the current issues of corruption. Mostly are those contractors as well as lower politicians who were receiving the bribes not the President itself. So I don't think he needs to resign. What he can do is overhaul the lineup of his officials as people are clamoring for transparency and change of government. A lot of protests are happening in this country because people are not blind anymore, as they can read the sources and images over cyberspace.
15  Economy / Gambling discussion / Re: Enriching others in exchange for fun on: September 20, 2025, 11:59:16 PM
Games are designed to keep us interested, and that’s what we pay for. We play for entertainment, and the money we put into the game adds excitement and emotion. Of course, there should be safety rules to avoid disappointment. After all, we also pay for other services in life to enjoy ourselves so how are gambling games any different? We don’t go to the movies and complain that they’re making money off us. Usually, such an attitude appears when someone spends more money on the game than they planned. In that case, it’s simply better to set aside a smaller amount for playing, or if you don’t like it, not play at all.

That's the nature of gambling/games, right? So no surprise here if people will get hooked every time they sit down and play. The reason why you need to know your limits before you even think of playing. Because if you have no boundaries to start with, would be easy to fall in the trap of gambling. These are gambling games where anyone can be hooked up if he doesn't know his boundaries. Even if you are not a gambling addict and just a regular or occasional gambler, I would say, once you are already in front of your games, you would feel the excitement up until you have no regard of the time that has passed while playing. The reason why there are no clocks inside physical casinos, right? Because they don't like you checking the clocks.
16  Economy / Gambling discussion / Re: are vices worsen now by social media? on: September 20, 2025, 11:33:11 PM
I think in the age of the internet people don’t have much of an excuse for engaging in harmful behavior. At one point in time information was difficult to come across so people did things like smoke cigarettes without knowing what damage they were doing. Now, if people get trapped in their vices, it is because they choose to ignore the warnings.

I would say, people know the consequences of what they are doing and yet they are still doing it because the vice is already in their system. If they will stop the vice before it becomes a habit, they have the possibility to get out but if not, would be hard to alter the lifestyle. Social media has somehow change the game especially for this new generation, however, what you will do with yourself is still on you. I don't know the stats, but haven't seen any study about this - relating the rise of social media platforms with the rise of vices. Unless there's concrete evidence on this based on studies.
Do remember, people will smoke or drink alcohol even without social media. So I don't exactly know the relationship of social media to the vices as I said, I haven't seen any stats correlating these two.
17  Economy / Gambling discussion / Re: [POLL] Was gambling a reason for you to discover Bitcoin / cryptocurrencies? on: September 20, 2025, 10:32:15 PM
Yes, gambling was a big gateway for many early adopters. Afaik SatoshiDice exploded in 2012 &  was a huge part of Bitcoin transactions at its peak. It was later sold for 12k BTC if I recall correctly. So it cannot be denied that gambling brings massive traffic &  new wallets to the blockchain. Casinos in the present day, offering presumably fair games & privacy friendly betting services, are still massively popular with both coiners & nocoiners. And I would say that people who gamble often do bitcoin trading too.

So for your POLL I would say that gambling was a major reason for a significant portion of adopters but not the only reason however certainly a strong one.

Gambling may not be the gateway to crypto for most, but I believe, those old casinos like freebitco and primedice were the reasons why a lot got into crypto. As I remember, I learned freebitco before I used most of those popular crypto exchanges. It may not be the reason why get involved with crypto, but I guess, casinos played an important role in sustaining the interest of people in crypto.
Just like in this forum, users are interested or continue to be interested because of the presence of casinos. Gone are the days that people invest in those new alt projects. Because a lot got burned on those investment. They are now looking for other aspects of crypto investment. But amidst of it,  up until now, the increasing number of casinos and bookies are still very visible in the forum.
18  Economy / Economics / Re: Do you see Bitcoin overshadowing the relevance of dollar in the future? on: September 20, 2025, 09:47:29 PM
No Bitcoin will not overshadow any fiat system, because the bigger regulatory frameworks are talking about blockchain and cryptocurrency and they can make banking sector to adopt crypto fully so when that will happen Fiat systems like dollar won't be shadowed by Bitcoin but they can work parallel providing their own security features.

Although one can never shadow any other, because both have different use cases and users, bitcoin is used for volatility and dollar is stable used for buying and selling like p2p deals with less or no fee at all.

The use case for dollar and for Bitcoin will increase, although Bitcoin is to some extent taking the customers from fiat sector but it did it a long time ago and still doing and will continue doing.

Let us put it this way, everything is possible in this world. So I won't say, never. But it would take a lot of effort before the crypto financial system can compete the traditional financial system or our fiat specifically the dollar. The popularity of usage should at least be over 50% of the world's population.  Right now, it is still small as the scope is about 6.8% of the world's population who are one way or another involved in crypto as of 2024. We all know that it is increasing thru time, but it would take years and years before it really competes with the traditional currency.
19  Economy / Gambling / Re: Gamblr.io | VIP Sportsbook and Casino | $10 free spins first 100 | $5k matched on: September 19, 2025, 11:46:22 PM
If you get a license from an organization, you must take user KYC according to the policy of that license if the user crosses a limit. Because it is mandatory for a licensed casino site to demand KYC from users to prevent money laundering and various other crimes. Popular sites that used to allow gambling without KYC have now made KYC mandatory. If someone wants to gamble completely without KYC, then they will have to gamble on unlicensed sites where they will have high risks. Because unlicensed sites also have a high possibility of scamming. Because the core team of that platform is completely hidden, no one will be able to catch them if they scam.
That is the basic approach on centralized casinos, i dont know why some gamblers takes the no kyc slogans from Centralized casinos seriously to mean that they are 100% free from kyc whereas what that means is entirely different, on any centralized casinos with license you should have it at the back of your mind that you can do kyc at any point in time when asked for;.

Is it not better to just do your kyc verification outrightly if you have the intention to gamble on that platform for long?

The trend today is that online crypto casinos and bookies are already licensed, hence, the need to implement their AML/KYC protocol. So it is like a must for every player to undergo such requirement before they can withdraw. So much better to scrutinize the site before you submit any vital info to them. Don't just submit your KYC to every casino which is offering some rewards or perks or any bonuses. Because they would tempt you to play on their site, but some are just masking their real intention, and that is, to exhaust the funds of their players and exit the game. So much better to submit your KYC to known reputable sites not just any other new site.
20  Bitcoin / Bitcoin Discussion / Re: Will bitcoin be able to replace traditional banking in the next 15 years on: September 19, 2025, 10:57:08 PM
It quite possible that bitcoin could replace traditional banking in the next fifteen years, talking about the concept of peer to peer electronic cash. With the look of things there is 85% possibility that bitcoin will replace the role of traditional banking systems in some nation of the world.
I seriously doubt that it is quite possible that Bitcoin will replace traditional banks because Bitcoin was created as an alternative to fiat not to eliminate it. So far we don't have a globalized government, every country will want to maintain their traditional currencies. Therefore it won't be an easy task for banks to shutdown and Bitcoin will take over. The situation will be that individuals, institutions and even the governments themselves can decide to hold Bitcoin. As it is now most people will rather spend their traditional currencies for payment transactions and hodl their Bitcoin for profit.

Let us just be happy that the scope of bitcoin is getting wide but replacing fiat is still far from the horizon. There are still so many financial services that are still reliant to traditional banking method. Crypto market may go mainstream but I don't think it will totally replace the banking system.
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