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1  Economy / Economics / Re: Don't fall for the "Beauty premium" of some coin/site on: June 12, 2024, 07:55:17 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.
2  Economy / Speculation / Re: $120,000 Bitcoin is going to happened? on: June 12, 2024, 06:47:08 PM
I am new to BitcoinTalk BTC

My question is that I heard rumors about $120,000 Bitcoin
What is your opinion on this matter?
Since this is a bitcoin forum, it should be obvious that the majority of the members here believe that level can be reached, personally I think that price is reachable during the current bull run, but we may not see it until the next year, however you need to learn to form your own opinion, as listening to the rumors, even if on this particular case the rumors seem to be correct, could lead you to make mistakes you would not do, if you could more or less predict the overall direction of this market on your own.
3  Economy / Gambling discussion / Re: Is AI going to affect gambling in any way ? on: June 12, 2024, 04:50:02 PM
AI will surely affect gambling in the area of Analysis and predictions which already people are using AI, but the truth is I do not believe there would be any greater chance of profitability using AI, Gambling site would create an alternative system to avert such and can also make rules or protocols to detect use of it, of which AI cannot really tell because we have different gambling sites/casinos so I believe the data will be irregular unless gambling was a unified system like Trading then her application would have been a bit relevant.
I think of the customers/gamblers can use an AI to cheat on casino it might affect the casino's though, but on a second thought, the casino's can also make things to be more harder than how it is already. I am trying to say that as the gamblers are using an artificial intelligence to cheat on while gambling on an online casino, a time will surely come when every casino that has been affected by an AI will make there security and odds more harder for gamblers because no casino want to lose, they always want to win just like how an addicted gamblers are always after to win.
Gamblers are going to have a lot of trouble using AI against casinos, and this is because AI is not some kind of magical tool that can do whatever you want, AI is just a piece of code which depends on the data given, the expertise of the person using the algorithm and the power of the computer using it, and in all of those aspects the casinos have the advantage over the players, so I doubt many people will succeed in using this tool effectively against them.
4  Economy / Gambling discussion / Re: [ POLL ] The Rematch: FURY vs USYK 21st December 2024 on: June 12, 2024, 03:55:57 PM
https://www.thesun.co.uk/sport/28421010/tyson-fury-escorted-out-of-pub-bouncers-collapse-outside/

Tyson was kicked out of a club on Friday for being drunk. He then collapsed on the floor outside which was caught on video: https://www.youtube.com/shorts/xS2Jh7dNtQY

If this is a one off then I shouldn't look too much into it but is he going to go off the rails again? Not a good look if he's going to be facing Usyk again later this year.

Usyk has also been cast in his first Hollywood film playing an Ukrainian MMA fighter also starring The Rock in the main lead: https://www.thesportster.com/dwayne-the-rock-johnson-oleksandr-usyk-cast-the-smashing-machine/
We will have to wait and see, if he is just venting a little bit then there is nothing to worry about, after all who has not taken a few drinks after a difficult day at work? Fury just had the worst day of his career so he is justified to take some time to straight his mind before the rematch with Usyk, however he is not going to have a lot of time to do this, so he needs to refocus and concentrate completely on the fight, as that is the only way he will have a chance to recover the belts he lost.
5  Economy / Gambling discussion / Re: Trading or gambling? on: June 12, 2024, 03:24:07 PM
Trading or gambling?

This is a very relevant topic that I have long wanted to discuss with users. Let's compare trading and gambling in all respects. I believe that it is more difficult to win at gambling than at trading or investing. Perhaps you think differently? Then explain why. By gambling I mean primarily those games in which not only luck is important. That is, we will not consider roulette, dice and slot machines. From gambling we will only take sports betting and some card games such as poker and blackjack.
 Why do I think you have a better chance of getting rich in trading than in sports betting or card games for money? There are many reasons for this.
1. In trading there is a stop loss, there is averaging, there is a hold, that is, the ability to hold a position for a long time until it becomes profitable. There is none of this in gambling.
2. In trading, if you want, you can do without professional intermediaries. There are peer-to-peer transactions. You can do without exchanges. In gambling, it is almost impossible to do without casinos and bookmakers.
3. Trading includes derivatives and leverage trading. Of course, these are tools that require a lot of knowledge, but nevertheless it is possible. Derivatives allow you to hedge a position. In gambling there is no concept of position, there is only a bet.
4. In gambling, you must have the highest quality of prediction. In trading this is not necessary, because there are strategies such as rebalancing. If your bitcoins double in price, sell half. If you fall by 2 times, buy some of the stablecoins.
-------------
What advantages do you think sports betting and card games have over trading and investing?
It heavily depends on the market you want to trade, if you want to trade bitcoin and other good altcoins then I will pick trading over gambling any day, as the profits you can make here are many times higher than what you could get with gambling, however if we were talking about the traditional markets, and you had the ability to profit from a gambling game in which your skill matters, your profits will be way better gambling than what you could get by trading.
6  Economy / Economics / Re: The government cares for no one but waits for you to get rich for taxes paying. on: June 11, 2024, 07:51:35 PM
My question.... If the government could find utilizations on the citizens for taxations on generating funds for infrastructures and other government services , why don't they invest on the citizens or support those with the potentials to productiveness knowing quite well that once they makes success, they would be demanded to also contributed to the growing structures of the economy?
What the government knows is that if a successful individual refuses to comply with the government order, they will get you frustrated tending to fold your productiveness qualities or you go to jail.
This is very simple, such decisions will require a long term thinking that is rarely found on a democratic system, politicians care about getting elected and remain in power, if they were to enact policies which could take effect 20 years down the line, then their political opponents could benefit out of it while doing nothing to deserve it, so in their minds those kind of actions and plans are heavily discouraged, and instead prefer to take short term actions that can be attributed to them in the case they happen to work.
7  Alternate cryptocurrencies / Altcoin Discussion / Re: My meme coins method maybe it's helpful on: June 11, 2024, 07:08:21 PM
snip

But i have to tell you once you learn how make proper money with meme coins it's best opportunity.

Jump in it's fun and same time very good profit and off course i want more people to join in memes more volume and more profit in meme Market then for all of us.
This is a misconception at best, anyone that puts any attention to meme coins is looking for some easy and fast profits, but only a minority can get them, if this method is working for you then keep doing it, however there are many people that are doing something similar and yet they are failing, which could mean two different things, that your ability to identify meme coins at that price range which could go up in value is superior, in which case your method cannot be imitated, or you are simply lucky to pick those coins, and sooner or later your losses will surpass your profits.
8  Economy / Gambling discussion / Re: Is web3 casino the new trend for casinos? on: June 11, 2024, 06:33:27 PM
The only problem for some of those is they have a KYC policy meaning it requires IDs and selfies, another problem with using Web3 casino is you need to connect your wallet online no offline transactions which I think is not safe compared to others casinos here on the forum.
That is never an issue for me. I am not using high amount of money to gamble. Out of my weekly salary, I use less than 5% to gamble. So what should I be afraid of when I use just little amount of money to gamble?

Sometimes I think some people are too privacy conscious. Or if you think that you have huge amount of coins and you want to send part of it to your casino account, you can first send it to a mixer or an exchange before sendimg it to the casino site.
We have no other option but to be this way, after all how many horror stories we have heard over the years about people losing everything because they trusted on the wrong person or company? So we cannot afford to be careless with our money, even if the amount is small, as you never know if that is how a skilled hacker can get access to the rest of your coins, and while such view may seem to be too distrustful, I prefer to be this way than the alternative.
9  Economy / Gambling discussion / Re: Kicking/banning and or limiting a player for winning too much on: June 11, 2024, 05:44:50 PM
We must avoids creating multi account in casino for our own good, especially if we often playing gambling on that casino. That can makes casino suspicious with our activity and they can do many things to us. When we always avoids something that can leads us to breaks the rules of the casino, we will be safe and can enjoy our gambling activity.

snip
This was his biggest mistake, we must remember that casinos just like us want to make money, so a gambler that can win so many times in a row will seem like an anomaly for them and that may get your account limited, however this is just normal behavior for most casinos, but by opening an account on the same casino, the friend of the OP violated the TOS and now the casino could take actions against him for doing it, so I find it unlikely he will recover his money.
10  Economy / Gambling discussion / Re: Understanding the Impact of Social Media in Gambling. on: June 11, 2024, 05:00:48 PM
And I disagree, a parent could do everything right, like setting parental controls on the electronic devices of their children, spend time with them, and warn them about the dangers of specific behaviors, and if the kid still engage on those behaviors then there is nothing the parents can do, this is very similar to the experiences many of the parents of addicted teenagers go through, in which their parenting is questioned and a great deal of them did everything to prevent that situation to happen and it still happened anyway.


Fact. There is a saying; "A child that will misbehave will still misbehave", no doubt but this is to some extent as many with the right parental training follow the path set for them. This is also applicable to many of us, at one point in our lives we deliberately violated some rules out of curiosity to find out some stuffs that our parents did not want us to know.
So I will say many of them act out of curiosity and end up not coming back, in essence we all need to try our best because it getting out of hand especially social media posing more increasing on every body with enticing incentives which ain't true.
Exactly, it is as if people forget what kind of behavior they had when they were young, at such time your brain is still developing, so even if you know something is wrong and it could affect you negatively, you may still do it because you lack self-control or simply because you want to go against the rules to show your independence, so many teenagers that had everything going on with their lives, end up throwing it away and then the parents are blamed in an unjustified way.
11  Economy / Economics / Re: How Do You Store Value to Offset Inflation? on: June 10, 2024, 06:50:12 PM
That's why it's important to diversify your investment. A little over here, and a little over there will help you minimize risks of loss as much as possible. I think the best strategy is to invest half of your money into Bitcoin and Gold. The former is highly-volatitle, while the latter is much more stable in market price. You can leverage between both assets to help beat inflation.

I'm afraid things will continue to get worse, until the conflicts between Israel-Hamas and Russia-Ukraine comes to an end. Once global stability is reached, the economy will recover. At least, that's what we hope for. Who knows what lies ahead in the future?
That is the best case scenario, however what will happen if yet another war or several wars breakout before those conflicts are resolved? This is a likely possibility, and it is not as if the world economy is in such a great shape either, so we could see the markets going down because a powerful country found itself in a major crisis and bring down the world economy with it, so anyone that has not taken a position in an asset that is a store of value should consider doing it now, as we do not know for how long the current balance can be maintained.
12  Economy / Gambling / Re: My betting strategies on: June 10, 2024, 06:09:14 PM
That kind of enticing strategy that being shared most likely will bring them to lose more, not becuase it's working to someone means that it will also work for you, though it might for some time but not an assurance that it will keeps bringing the win, it's better to tweak that strategy and find the best way to make it works for you, but then again strategy is not an assurance it's just your basis when playing the game and sometimes use as your limitation to avoid losing a lot.
This is often ignored by most gamblers, they do not realize that just because something works for someone, there is no guarantee that it will for them too, and this is because a person that created a strategy on their own, will know exactly why they are doing what they are doing, but it is unlikely a different person will have such intimate knowledge about the strategy, so when they are faced with an unexpected issue, they will not know what to do and they will lose whatever advantage such a strategy brought them.
13  Economy / Gambling discussion / Re: A list of lucky casinos in crypto on: June 10, 2024, 05:38:27 PM
If such a list existed, you can be sure that the casinos at the top will be the ones that have the most customers already, this is because most casinos offer games with very similar odds, so over the long term the number of winners and losers on percentage terms should be roughly the same, however if a casino has 10x more customers than a competitor, you can be sure they are going to have 10x the winners as well, making this exercise nowhere near as informative as you think it could be.


Or the casinos at the top of the list will have NO customer because they would already be bankrupt from most of their own customers "luck and all that winning". Whoever claims that some casinos are luckier for users than others are merely fooled by RNGesus, or if you play in an actual physical casino, fooled by the RNG of life.

¯\_(ツ)_/¯
That is a good point, after all new casinos are the most vulnerable to suffer from bad luck as they have not had the time to use their long term advantage over their customers, however this will also require to have a team behind it that do no really know what they are doing, as this would mean that the bets they are allowing their customers to make are way higher than what it should have been allowed based on the capital they had on hand.
14  Economy / Gambling discussion / Re: Is there a legal jurisdiction backing up gamblers against the casino oppression? on: June 10, 2024, 04:48:06 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?
Even if there was such a jurisdiction, why would casinos establish their business there and why would they accept gamblers coming from it? Casinos can easily avoid them by just stating on their TOS that any gambler from that jurisdiction is forbidden to gamble there and whatever protection that you thought you were getting gets nullified on the spot, as if you were to gamble at that casino anyway, then casinos have a perfectly valid reason to ban your account and do whatever it is stated on their TOS with your money.
15  Economy / Gambling discussion / Re: Is gambling bad to the society? on: June 10, 2024, 04:15:01 PM
Nice one! Now, let's view it from a standpoint, if gambling is so evil to the point that it will be very evil/negative to society to the extent of causing harm to people who are not even gambling through those who are gambling, do you think the government will be this silent about it, especially if it has now become an epidemy in the country? In this situation, if care is not even taken, gambling would be abolished in the country, just like the government is fighting drugs which could cause others who are not even taking them to be harmed due to the drugs' influence on those who are taking them. But the situation is not so right now, which technically means that gambling is not as bad as people are taking it, if not for the irresponsible acts (in finances) associated with gamblers.
It is this simple, even if there are a few people out there that will ruin their lives because of gambling, the truth is that gambling brings so many benefits that governments are not going through the trouble to ban it, after all just take a look at Las Vegas, that is a city that exist exclusively because of gambling and now it has become one of the most visited touristic spots around the world, despite the fact that now you can gamble from your phone, showing how powerful gambling can be and the great benefits it offers to society as a whole.
16  Economy / Economics / Re: Better Money: Gold, Fiat, Or Bitcoin? on: June 06, 2024, 11:02:05 PM
The thing is, these three currencies or assets have different purposes and different dominances in the world. For example, fiat is used for everyday use, to buy something or to trade with something, while gold is an investment asset wherein it could have a higher value in the long run, and bitcoin, of course, is a new digital currency that is trending now and becoming more powerful and known in the world. So to measure which is the better currency, there's none because these three you have mentioned have different purposes in society and are important in the economy, so to consider which is better, it depends on the people. For crypto currency investors, bitcoin will be better than gold, but for some, gold is better because it's like a luxury to have gold, while for some, fiat is better because more fiat money means you are rich and feel wealthy, so for me, which is better depends on the people themselves.
But at the end, the three are being used to measure value and as a way to exchange it, so we can compare them and decide according to our specific needs which one we prefer, the massive advantage fiat has over gold and bitcoin is the fact that governments impose by mandate that any person on their territory accept them no matter what, but in most other aspects fiat is quite inferior to gold and bitcoin, which is why they are often mentioned as alternatives to the current fiat system.
17  Economy / Gambling discussion / Re: Why do some people hide to gamble on: June 06, 2024, 10:16:47 PM
That's true family and tradition is one of the major factor that could possibly make someone to hide while gambling and sometimes religious could also make or prevent somebody from gambling because so many people has different belief because were I come from most people are so religious that they feel that gambling is a sin as such they prevent there children from doing it but however when the children will grow up and realize that those things are not actually a sin as they were made to believe by there parents so they will start gambling but will make sure they hide it from there parents, actually I have witnessed a case like that and out of the respect and fear they have for there parents they hide from them so that it will not break there heart.
That is what happens when a mistaken idea is perpetuated by society, as if something is thought to be bad for you and then you find out this is not really the case, and you can enjoy it without becoming some sort of monster, then that is when a person begins to wonder about all the things they have been taught and its correctness, after all if they were wrong about that, what else they were wrong about? Which causes some of their authority to go away, something undesirable in the case of parents raising a kid or a teenager.
18  Economy / Gambling discussion / Re: Gambling push notifications. on: June 06, 2024, 09:08:02 PM
After being registered on a few sites  that offer online  gambling I have experienced on my mobile the increasing number of push notifications from other services of gambling  field.  My mobile is not tight to those sites where I'm gambling but bounded with Gmail.

I gamble via my laptop rather than mobile.

Does those push notifications mean that Google has linked somehow my  laptop and Gmail account?

What is the best way to protect myself from such "guardianship" (if any)?
It is likely this is the case, if you gamble on the Chrome browser while you are logged in, then Google can push notifications on your smartphone even if you have never gambled on that device, now you could turn off those notifications, however this is how people that are on the recovering stage of their addiction get to struggle to remain clean, as those notifications may serve the function of a trigger and those people may gamble again when they are reminded they have not done so for a while, which is why anyone that likes to gamble should always do so from a device and accounts that are not connected in any way to their everyday life.
19  Economy / Gambling / Re: ✨ Shuffle.com | The next generation of crypto casinos | Sports, Casino + token on: June 06, 2024, 08:36:30 PM
Wagered volume on Shuffle chart is shared on X.



Since less than $250M in September 2023, wagered volume increased to $500M since March 2024 and still maintained the high volume above $500M in last three months. In March and April, the wagered volume figure is above $1B and only dropped back under $1B in May but it's not too far from $1B figure.

With potential of bull run in cryptocurrency next months, Shuffle.com platform has its potential to get more customers, more wagered volume and $1B will be a never look back figure soon. Many months, with rapid growth, we now can say wagered volume figures such as $50M or $100M a month are like never look back volume figures.
March, April and May of 2024 are eerily similar to September, October and November of 2023, and when we take into account the upcoming bull run it would not surprise me if another significant growth on the wagered volume on Shuffle could happen, after all, when the market as a whole is moving upwards, there is a huge deal of confidence coming from the people which are willing to take more risks, not only as investors and traders but as gamblers as well.
20  Other / Off-topic / Re: Is getting addicted to gambling right or wrong? on: June 06, 2024, 08:04:18 PM
Gambling addiction is process in which an individual cannot control their urge in gambling even when they tend to lose. They are willing to sacrifice their most valuable assets with the hope of winning. A story was told of a young man in my community who used his only son for gambling because he was so addicted that he can't do without gambling in a day. he can do anything when it comes to gambling. I also know people who are wealthy today through gambling. So, is it wrong to be too addicted to gambling? how can it be control or how can one manage gambling?
I mean, do you really need to ask? The people that you know that obtained such fortune through gambling are either extremely lucky or skilled, and if they have retained that wealth for a long amount of time then we can safely say they are not addicted, since an addicted gambler may win hundreds of millions but give it enough time and they will lose it all, so make no mistake, regardless of the circumstances, getting addicted to anything is never a healthy option.
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