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1881  Economy / Gambling / Re: Sportbet.io lock my account. I cant play game or withdrawal on: July 09, 2022, 02:02:23 PM
I’m a new member at sporbet. 6/7 i deposited $80 in USDT and play more games( slots and live game)
after 2 days i win $3600. But when i placed the withdrawal order, it didn't work
They locked my account and asked me to KYC,  i finished it but they said: " Please note that your account was disabled due to being flagged for multi accounting by our security systems.""

But i have 1 account in sportbet.io and I won that money by luck.

https://imgur.com/a/p9m4Qiy


I am pretty sure that sportsbet.io has an active customer service support. Not to mention, they also have an ongoing campaign signature, so contacting them with your issue will not be not too much of a hassle.

While this may be your issue, you may also check their TOS if you violated some of their rules to give you a broad understanding. But in reality, I doubt that sportsbet would lock your account without any valid reason as they have a reputation to maintain.
1882  Economy / Gambling / Re: Stake making new accounts is too easy on: July 08, 2022, 11:49:30 PM
So I decided to have a bit of fun on stake casino. From a little fun turned into a huge addiction...

Despite their efforts to promote a sustainable and helpful means to combat gambling addiction, remember that they are still a company that is profit-driven.

The problem here is not Stake, but your overall attitude in gambling. While it may be easy to create an account on their website, your addiction is what keeps you from coming back and registering on them. You are only 16 years old- your have a life that is way more than gambling. Try your best to change your habits and create some sort of discipline.

If you are having trouble to control this, then I highly suggest you consult with your parents about this in order to prevent yourself from becoming addicted further.

1883  Economy / Gambling discussion / Re: My Recent Experience at a Land-Based Casino on: July 08, 2022, 11:38:59 PM
If you were the casino manager would you fire the casino worker for interfering with your business or would you ban the gambler from visiting the casino?

This is a good question and the answer is somehow difficult to respond.

Given that all gambling companies aim for profit, there must be at least some boundary to know on how you would you approach your clients. The problem is, if you prevent someone from gambling, you are taking away some profit on the side of the business; on the other hand, if you do not stop the person from gambling then you are slowly seeing his suffering from such addiction which affects entirely his family.

If I were the manager, I would definitely ban the person from entering the establishment. While profit may be the main focal point of gambling companies, this can be done with other means- meaning, if you clearly see someone destroying their lives with such business, then it is nothing but obvious to prevent them from further destroying their career.
1884  Other / Beginners & Help / Re: A newbie with 100$ on: July 08, 2022, 11:30:16 PM
In this bear market, does 100$ on Ethereum or Bitcoin make any difference? As a newbie who have only 100$ to risk is this even enough? Can this get me anywhere?

This depends on your goal whether you want to focus on short or long-term investment.

$100 worth of ETH or BTC can go a long way especially if you consider investing it for long-term. Imagine, BTC reached an ATH of around $60,000 this year. Though its price may have been significantly reduced, the fact that it reached that kind of price implies that it may recover and pump again in the unforeseeable future. In the event that such happens, your $100 would be tripled- something that everyone wishes to happen.

This all boils down if that $100 of yours is something that you are freely disposable- meaning whether you lose or gain, it does not entirely affect your finances at all.
1885  Bitcoin / Bitcoin Discussion / Re: What are you ready to buy/sell for bitcoins now? on: July 08, 2022, 11:20:41 PM
Bitcoin may still be in a volatile market for a long time. How are you ready to dispose of your assets now? Would you like to buy and sell your assets/products/services for bitcoins? How are you ready to negotiate a price to make the deal go through?
Let's discuss assets, goods and services which price is more than $200 net. Inexpensive goods have already been discussed on this forum. For now, we will not take into account the fact that the use of crypto may be prohibited in one country or another. Let's find how we are ready to negotiate, and what tools we do need in order the buyer could find the seller.

As someone who lives in a third-world country, having your own means of transportation is both a necessity and convenience. Although gas and fuel prices may be significantly high right now, having your own car somehow negates the extra hassle of commuting daily. I am saving most of my BTCs nowadays in order to purchase my first car- something that I never thought would be possible until I discovered this forum last 2017.

Though I am still far away from reaching my goal, what matters is that I remain consistent with my efforts weekly. BTCs are precious and it is nothing but obvious to spend/use them to things that are equitably useful to my end.
1886  Bitcoin / Bitcoin Discussion / Re: Don't sell your precious BTC to the whales! on: July 08, 2022, 12:46:40 PM
We've been here before, you are just making the whales richer, selling your precious BTC for pennies (crappy fiat). The storm will pass, hodl, or try to accumulate even more BTC, it's a great time to buy for cheap. We will make it this time too. Even if BTC goes down to $15,000 nothing is forever. Remember $20,000 down to $3,000? Been through that storm too. Remember, 1 BTC = 1 BTC. To the Moon!

This is the general rule but in reality, it is easier said than done.

Some of the investors who put their investments into BTC at least invested hundreds to thousands of dollars. This implies that the slightest movement in its price could mean a profit/loss on their part. But if an investor would put that amount of capital, they must have a contingent plan and a goal on their investments.

But in all honesty, I agree with you- BTCs are inflationary in nature. They are too precious to be sold especially that its price are relatively low in the market.
1887  Economy / Economics / Re: Unemplyment at least 50% how world will look like then ? on: July 08, 2022, 01:20:12 AM
Unemployment at least 50% in usa at least so how THE wprld world will look like ?
Definately all prices will 80-90%down


This entirely depends on the definition of 'unemployment' and how people would cope up to this.

Do you have any empirical data to back-up your claim of 50% unemployment rate in the USA? In addition, unemployment does not absolutely mean that a person has no source of income; nor does it mean that a person is suffering. Unemployment has three (3) types that vary from each definition and not all mean negative. A person may be self-employed but he may be unemployed at the same time while earning more money in the process compared when he is employed in a company.

Though the pandemic has definitely cause an impact towards unemployment, with this being the current situation, people would necessarily adjust to this living in order to alleviate their situation.
1888  Economy / Gambling discussion / Re: Careful With Your Slot Activity! on: July 08, 2022, 12:43:49 AM
Long time not online here and i'm back just wants to share a new case around me that related with gambling, especially slots.

My neighbor is in debt of $9000 just for playing slot games. This is bad, considering the amount of money in my country is enough to build a house.

Most gamblers fail to realize that by gambling, it is not considered as a way to earn alternative cash. When we put slots in the picture where the odds are either 1-5000; or 1-34 million, you will see that earning cash in this process is absolutely risky- to the point that you would burn money more in the process despite winning the jackpot.

Your neighbor sets the greatest example of the risks associated with slot machines. Though it may definitely look appealing and fun especially that they introduced some mechanics, the chances of winning are so marginally thin that you would most likely spend more even if you won in the process.
1889  Economy / Gambling / Re: The History Of Gambling. on: July 08, 2022, 12:13:57 AM
It is interesting to see the development of gambling over the years. From trading stones, to slots, and to the integration of a system that is conveniently accessed online. Due to the pandemic, this also strengthened its playerbase especially that most people have preferred to gamble online and realize its convenience and potentia and lots of physical gambling companies have started closing as they adopted their services on the internet.

I guess OP you can also add that gambling has also been integrated to our mobile phones and to some of the online games present. Though they make take a form that is somehow different from your conventional gambling method (e.g. crate boxes, etc.), in essence, a player still gambles on the process.
1890  Other / Beginners & Help / Re: How quick does the market grow during bull market? on: July 06, 2022, 11:54:37 PM
As far as I can remember, back in 2017, the price of Bitcoin during the first quarter of that year was around $4,000-$5,000. On the last quarter of that year, its price skyrocketed and reached an ATH of $20,000. Though that may have been the case, every reason for a bullish run is circumstantial- meaning that the prices may increase or decrease further depending on the circumstances that may happen this year.

But I do commend you for not panicking and selling your investments even if you are down by 45%. Most people in your situation would have panicked and claim that investing into BTC would be considered a "scam."
1891  Economy / Economics / Re: Why You should worry about BTC price action on: July 06, 2022, 11:48:09 PM
From the graph, it shows that in 2010 from a low of $0.09, it rose to $26.90 by 2.960%. fast forward to 2014-2015, we experienced a price dipping from a high of $1,238 to $687.50 then to $315.21.
 Bitcoin holders experienced surplus in the period of 2016- 2021. In October of 2021, it climbed to an all time high of $68.991k but slumped to $49,243k in Nov of the same year.
  Coming to 2022, we've had series of price fluctuations with recent lows of $17,700k. This is not the first time BTC slump is experienced in the market; so if there was a massive spike in 2013, 2019 and 2021, then possibly we should expect a price rocketing soon and this time it will be above $100k.https://bitcoinmagazine.com/culture/bitcoin-price-action-does-matter

Good chart, good analysis, bad title Wink
I think / hope that you've meant "why you should NOT worry...". Everything points to the direction that we should NOT be worried (well, everything except the title lol)

Hahaha you're right! But to be honest, it is entirely normal for someone to worry about their investments especially if they contributed thousands to millions of dollars as their capital. This means that the slightest increase/decrease on the price of BTC would mean a profit/loss of thousands on their end.

While not worrying may sound easier said than done, the only choice that we have right now is to trust and HODL. In addition, always have a contingency plan on your investments on determining the maximum amount of loss you could garner.
1892  Economy / Service Discussion / Re: Bank of America reported a 50% decline of active cryptocurrency users. on: July 06, 2022, 11:16:52 PM
But, not to such a number unless the LUNA deceased investors made up most of the stats. What do you think?

This is somehow unfortunate and I honestly think that this is indeed, due to FUD.

With the price of almost all cryptocurrencies crashing, most have decided to pull out their investments based on their contingency plan or their instincts. Though I believe that the price of BTC will recover at least by next year, it is still very unfortunate to see that most have decided to quit on investing cryptocurrencies. I guess, the crash really took a toll on their capital as most expected a "quick profit" in this platform.

Again, cryptocurrency investments are considered as high-risks and this bear market is a normal occurrence.
1893  Economy / Gambling discussion / Re: Gambling is for big bag holders on: July 06, 2022, 11:03:26 PM
After this experience I believe gambling is for the big bag holders, if you're in urge of making a win. Very much disappointed, because it is the last few dollars I had as a cryptocurrency holding. If I had more funds I wouldn't have encountered this big loss. Martingale once again a failed strategy when you don't have big bag of money.

I honestly think that the martingale strategy works best if you have a relatively huge amount of capital to begin with. If you consistently experience a loss during such strategy, it somehow compels you to gamble more capital in the process just to recover your losses on all of your previous rounds.

While this experience is definitely unfortunate, this serves as a warning to everyone who wishes to gamble for profit. Gambling is all about luck and this does not absolutely mean that everyone will experience it. Even if you think that today's a good day, it does not entirely equate that one will win.
1894  Economy / Gambling discussion / Re: [CHESS] FIDE Candidates Chess Tournament 2022 on: July 06, 2022, 10:53:23 PM
So this year's candidates, Nepo actually won again and he will be facing Magnus for the 2nd time! What are your thoughts on this?

I see that on the chess community, a lot of people are upset that Nepo won. Maybe this is due to the fact that they wanted to see a new opponent facing Magnus since Nepo got destroyed last year after he crumbled from his loss on Game 6 of their match on 2020 WCC. Do you guys think that Magnus will participate in this year's candidates despite him telling not to?
1895  Other / Beginners & Help / Re: How to store your crypto coins safely on: July 05, 2022, 11:51:04 PM
About storing cryptocurrencies on crypto exchanges, thousands of pages of discussion have been spent on this forum alone, and it seems that even more will be spent and some will not understand that it is not only unsafe but also completely wrong if we know that the only correct thing is "not your keys, not your coins".

I remember making this mistake back when I was a newbie where I stored most of my BTCs in an exchange.

Back in 2018, there was this ponzi-scheme company where I stored most of my funds. Being a newbie to the cryptocurrency world, I invested $100 worth of BTCs and kept them in that website. After 6 months of continuous operation, their website crashed, thus wiping all of my BTCs in the process (USI-TECH ponzi). In addition, some exchanges were also scammed and hacked in the recent years given that they were a target for scammers around the globe.
1896  Bitcoin / Bitcoin Discussion / Re: Finally, I Bought Something With Full Payment In Bitcoin. on: July 05, 2022, 11:12:15 PM
Man, what you have accomplished is just definitely amazing! It is one of those dreams that every BTC HODLer wants to aim- purchasing something that is relatively expensive but extremely useful to their end by using BTC as payment.

Just to share you my experience, I am also saving most of my BTCs as I am currently looking for a dealership in purchasing my first ever car. Due to transportation conflicts and hassle in my country, having a car is purely for convenience rather than a necessity. I have estimated that it will take me around ~8 months for me to purchase my car but what you shared definitely inspired me to do better and HODL my coins.
1897  Economy / Gambling discussion / Re: Can change of environment have an effect on gambling addiction. on: July 05, 2022, 10:52:59 PM
You will agree with me that society and the environment can have a great influence on the lifestyle of every individual, you often can find yourself doing, or being involved in that activity that almost everyone is involved with in that your locale as a result of influence. Now considering someone who is a gambling addict, is there any possibility of him/her becoming better if they are relocated to another environment or society where people around are not involved in gambling?

Can someone still develop the habit of gambling and become an addict even though no one around gambles?


Yes definitely! The impact of one's environment on where he/she currently stays at is significantly relevant to the point that they are mostly exposed to vices. In comparison, a child who is exposed early into reading, etc. is most likely to develop habits that will contribute to his general knowledge, curiosity from the very start. Just like in gambling, a person will most likely focus on other activities if everyone around him is focusing on productivity.

While this solution may be considered helpful, it is not in anyway absolutely effective. The most effective way of treating gambling addiction comes from the gambler himself, when he/she realizes that what they are doing is wrong.
1898  Economy / Gambling discussion / Re: Casino can play a role in changing fortune? on: July 05, 2022, 10:42:23 PM
<...snip...>

This is really a good success of smith as well as FedEx with the favor of Casino. By the way, i am not sharing it to encourage anyone to the casino.

I think this is one of those instances where a gambler gets lucky in his casino run.

The fact that the person came into the gambling establishment with $5,000 and left with $27,000 is proof that he was indeed lucky that day. The fact that you were able at to at least double your money in gambling is lucky enough, let alone earning a x5 profit on your end. Though this story may be inspiring, this can be awfully deceiving in a way that it somehow encourages gambling whenever you hit rock-bottom.
1899  Other / Beginners & Help / Re: [Beware]New scammer scheme using exchange on: July 02, 2022, 11:50:23 PM
Thank you very much for sharing this type of scheme, OP.

Generally, these types of scams are relatively difficult to spot given the nature of the activity he is asking. When you register in a given exchange, it somehow gives you the relief and security thinking that it might go smoothly. But the moment that when you were not able to create an account, that suspicion arose.

Again, anyone messaging you randomly sparks doubtfulness. No one would ever just go message someone and ask for an exchange without substantiating decent proof/evidence to the contrary. Let this post be a warning to most users to avoid dealing with scammers such as this one.
1900  Economy / Trading Discussion / Re: Traders Stop Being Greedy. on: July 02, 2022, 11:24:31 PM
One of the reasons why traders loose money everyday in their trading is 'greed'. A trader will hear about a particular coins he wouldn't even do research or proper findings to know the future of the coins which he wants to trade his money on but rather the greed in the trader will push him to use all he has with the aim of making 4 or 5 times of his trading capital.
Traders are big risk takers so everyone should know what he or she is trading on so that when you loose which is normal, you will learn more.
No trader is perfect but mastering coins you trade on can help you, remember trading is like a gamble you either gain or loose.
Do not trade with everything you have,your egg can not be save in one basket, I have lost but I have gained more in trading with the help of research and mentorship programs.

I agree with you- sometimes it has something to do more than just the research. The problem with most people is that, they tend to be greedy in meeting their desired numbers and reaching for a specific profit threshold before they cash out, resulting to a more loss on their end.

Trading is extremely risky especially if you are new to this field. The risks involve in substituting your coins with other cryptocurrencies is just way too high to the point that profit may be compared to as of a bank teller. It is nothing but essential that you must always cash out your investments even if you see just a tiny profit on your end. The more you wait, the more you subject yourself to greater risk of your profit turning into a loss.
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