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June 27, 2022, 02:11:44 PM *
News: Latest Bitcoin Core release: 23.0 [Torrent]
 
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1  Economy / Gambling / Re: around 1.6 billion people worldwide gamble, What about a poker gamefi?? on: Today at 09:01:01 AM
First of all, at least make an original post if you're actually interested in creating a topic concerning the article in question (and you are curious about said article). Secondly, Gamefi for gambling? That seems very redundant. Casinos already have incentives to find new people who become interested in their games and keeping old gamblers on their platform.

The main reason it seems unnecessary to me is because gambling itself is not really something you need to incentivize with a play-to-earn system as its quite good at marketing itself to the right crowd as is.
2  Bitcoin / Bitcoin Discussion / Re: Did Bitcoin Disappointed You ? on: Today at 07:50:11 AM
If you guys are going to panic sell everytime when Bitcoin goes bearish then you guys might as well just burn your fiat instead of buying Bitcoin. At least the fire will keep your cold shaky hands warm  Grin Roll Eyes

Bitcoin has a history of scary dumps and amazing pumps. Lets not start speculating about at how much % loss Bitcoin becomes "dead" again.

I know the veteran hodlers are not the ones panicking. You guys should question why that is.

Bitcoin will never die just because of a volatile dump during its bearish corrections.
3  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: Today at 07:34:15 AM
Spectators be like: Yo fools, is the price going to go down, up, sideways, f^ckways, rightwasy, wrongways??   Shocked   Shocked
But.. some expecting pump, some dump, some capitalization on the second dip at 14K.    Cheesy   Cheesy   Cheesy  Cheesy   Cheesy


No one knows sh!t. Actually.. Not rly, because Banks are on 'suicide watch' right now, so we will see if they shoot themselves in the foot and try to dump.   Roll Eyes   Roll Eyes

Odds are 50/50 then?


Nope.. it is 100% certain going for another dip. Then we get to receive capitalization.    Cool   Cool


4  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: Today at 01:41:26 AM
Sorry if I am not understanding this, but the "teleports" still rely on the traditional ground internet to get the block data which they proceed to send to the satellites which proceed to send it everywhere on earth? Why can't we just use Elon Musks satellites to access the internet and basically do the same thing once the costs justify the means?
5  Bitcoin / Bitcoin Discussion / Re: Bitcoins Crossed 20k USD!! Don’t lose hope now. on: June 26, 2022, 07:53:44 PM
The only hope I am losing is that Bitcoin will never be this cheap again!

How am I supposed to sleep at night knowing that I will not be able to buy at this price again when I have enough money? This is really unfair.

The only ones losing hope over this tiny dump are the unexperienced newbie coiners who have not experienced the full history of Bitcoin's price volatility. I really hope they do take the advice of veteran coiners and hodl instead of selling. I would rather see them richer than the whales buying up the coins from shaky hands.
6  Economy / Gambling discussion / Re: Do You Think Its One Too Many on: June 26, 2022, 05:57:47 PM
I think all businesses have their types of disadvantages. One tiny minor mistake can't make someone (or some company) fraud. Especially if you can clear it with legit / legal disputes. As many mentioned here, honest businesses (and casinos as well) have customer friendly manners. It means, they mainly try to compensate people with bad experiences. Anyways, bad PR is something everyone dislikes. Reputation is important.

I do not know whether or not thats quite correct.. I have worked with businesses that went completely downhill just because of one small, lazy mistake which led to a shitstorm of problems and bad PR. And don't let people tell you there is no such thing as bad PR. There definitely is. Especially for smaller start ups.

Reputation is the most important thing for a business. Honest or not, if something starts and people get involved, regardless of who is right or wrong or if something is true or not, once a reputation has been ruined, its almost impossible to recover from that.

legal disputes will only help you recover from some damages.
7  Economy / Gambling discussion / Re: What Type of Gambler Am I? on: June 26, 2022, 03:12:48 AM
I would probably call myself a "Relief and Escape Gambler". I definitely have great coping skills which have allowed me to cope with always losing haha. But people do need relief and escape from whatever is going on in their lives, I would think.

But the coping with loss part is really something that all people need. Otherwise they just keep going and going until all their money is gone, forever.

I can't really say I am all that emotional when losing but I do become more and more emotional on winning streaks. Which I think is my weakness, I just do not know when to stop and collect my profits. Roll Eyes

8  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 24, 2022, 05:58:02 PM
@BTC_Archive
SEC spot #Bitcoin  ETF rejection "seems to me to be some element of corruption going on,” says Max Keiser
https://twitter.com/btc_archive/status/1540338944843423745?s=21


What do you mean, the fiat goblins don't want to help Bitcoin adoption while doing all they can to hinder it?
9  Economy / Trading Discussion / Re: The market is confusing on: June 24, 2022, 05:11:23 PM
The market has always been like this, and I think it will be in the future. It’s just that for some reason everyone wants easy money, but it just doesn’t happen that way.

Quite correct and exactly my own sentiment. Furthermore, anyone veteran who used to be like this and had this kind of quick money mindset will now tell you that the fastest way to lose all your money is chasing quick cash. Slow money gains is where the real profits are at. Thats why hodling is always more profitable and less nerve wracking than trading, especially day trading (which is basically just flip flopping until you burn through your money)
10  Economy / Trading Discussion / Re: Best time to buy or wait a little bit ? on: June 24, 2022, 04:36:05 PM
If you firmly believe in Bitcoin, especially Bitcoin reaching prices over $100k USD, then anything below that is a good time to buy. Personally, I think Bitcoin is the next generation of money but has not reached full adoption yet. Remember, if you believe in something and wish to invest in it, then you should not be all too concerned about the right times to buy and the right times to sell. But rather the right time to hodl. Kiss

History has shown us that the ones who made the most money and the luckiest people have always been the hodlers. So why think it will be any different, soon?
11  Bitcoin / Mining / Re: Mining "without internet" on: June 24, 2022, 04:05:28 AM
Mining without internet might actually be an interesting concept. Could you perhaps translate electrical signals through a phone/fax line to a computer with internet and somehow mine that way? Perhaps you could set up entire mining operations like that and have it all going back and forth between miners connected through the ethernet, sending and recieving signals (Which are translated from phone signals to code and from code to phone signals? You would still need internet at the end node though. I imagine the entire ordeal might not be doable due to how long it would take and phone lines cannot really compete with the internet as a mode of signal transfer for something as complex as mining?
12  Economy / Gambling / Re: KYC casino or no-KYC casino, but with no bonuses/no cashback? on: June 24, 2022, 03:49:38 AM
If you were given a choice, would you play regularly in a cryptocurrency casino WITH KYC, and with added benefits like first deposit/welcome bonuses and cashbacks?

Or would you like to play regularly in a casino, WITHOUT KYC, BUT also without the welcome bonuses, cashbacks and other extra rewards?
I have no problem with any of the two, kyc has never and will never be a factor for me when deciding which casino to play on.
I don't mind passing kyc verification if the casino offers all the features that I want or love in a casino, like varieties of games to choose from, user friendly interface, a demo mode to experiment playing without fund, easy deposit and fast payout of withdrawals and most important of all, maintaining a good reputation by having a 24/7 customer service that resolve all issues in a timely manner.
This are some of the things I look out for in an online casino, kyc or no kyc is never a factor for me.

Perhaps you should be more careful with KYC. It seems to me that your easy-going attitude towards giving strangers your government documents is going to come back to bite you on your behind one day. How this is going to look for you, I cannot say. But if you are entrusting every single online gambling casino that you come across without as much as a single thought to actually researching the reputation and trustworthiness of the casino and the owners then you are just putting yourself at the mercy of scammers and identity thievery.

You should be more careful.
13  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 24, 2022, 03:02:54 AM
https://news.bitcoin.com/bis-says-crypto-weaknesses-have-materialized-following-market-sell-off/

You can't make this shit up...





BIS General Manager Agustin Carstens opined: “You just cannot defy gravity … At some point, you really have to face the music.”

All jokes aside... I have a feeling they are in the middle of executing a plan to try to kill BTC.  It will be fun to see them lose.

Sure you can defy gravity. Has he never been on a plane before?

We need to start making a list of people who should be ridiculed in the future for criticizing Bitcoin with half-baked knowledge.
14  Bitcoin / Bitcoin Discussion / Re: "Not your keys, not your coins" on: June 24, 2022, 02:44:55 AM
I think it is quite ironic that despite the governments flimsy attempts at regulation aka scaring people into obeying their arbitrary rules on how money should work, whenever one of these exchanges that are supposedly bound by the regulation laws goes belly up, there can be almost certainly nothing done to bring your money back to you. And if it someday is returned to you, you will have missed out on the rise in value because you get compensated in fiat.

People need to take NYKNYC more seriously and withdraw from exchanges.
15  Bitcoin / Bitcoin Discussion / Re: why can't bitcoin be based on something that has value? on: June 24, 2022, 01:32:47 AM
Is Bitcoin really not backed by anything of "value"? Really? So those miners needed for mining Bitcoin are worth nothing? The internet costs nothing? What about the electricity? Is it free too?

Bitcoin is very much backed by diverse sources of "value". Even though those sources are backed by a fiat value as well as production costs and so on. If electricity were to double in price tomorrow, don't you think that this would have an effect on the price of Bitcoin?

Bitcoin is backed by tradition value, but its most valuable property is being the next generation of money. If you can't see that then have fun with your fiat. Im sure scraps of paper with a value which is decided by corrupt and clueless politicians is going to stay around forever...
16  Economy / Economics / Re: Regulation seem like the only option left on: June 24, 2022, 01:10:50 AM
Will there ever come a time that the government reaction to crypto will be encouraging for the people? Lately the head if international monetary fund Christine lagarde stated that regulatory action from the international community on crypto is inevitable ..what do you think
it's right because government don't have any way of obstructing cryptocurrency or regulate it value, because from what I'm noticing and observing for cryptocurrency government can not give any account of how cryptocurrency started and how the initiation come to passed, so i believed that Bitcoin regulates it value without any support from government and besides government hate cryptocurrency from the beginning

Exactly. The only form of "regulation" that governments have over Bitcoin or any crypto for that matter, is mere scare tactics. Don't do this and that or we will punish you. A lot of people do not understand that even if they knew who was behind the wallets, they would have an impossibly hard time punishing them by financial means. They would have to put everyone in prison. And even then they would not get their hands on their coins.

But lets say we made Bitcoin even more anonymous to the point where businesses could fully hide their transactions, funds, profits and so on. What exactly could the government hope to do? Force people to show them their wallets? They could easily make dummy wallets while hiding the real wallets.
17  Economy / Gambling / Re: Would you support a collective boycott of all Russian gambling platforms? on: June 23, 2022, 09:16:31 PM
Considering the current events in Ukraine and the open aggression from Russia, what are your thoughts on the collective boycott of all Russian gambling platforms in support of Ukraine?

We know that 1xBET and 1xBit are owned by Russians. Do you know any more? Could we make a list of all Russian-owned casinos?

I'd love to support an initiative to help Ukraine! I think it would be great if we all raised our voices together and supported it.

If We Boycott Some Russian Gambling Platforms, Nothing Will Happen in Russia In order to do any work, we all have to decide together and do that work.There are a lot of people who are supporting Russia, but they will be the opposition here.All we have to do is work together. Some people can't succeed in any work.If you want to boycott anything in Russia, you have to boycott it all together.
Russians are unique. They have survived most of the wars. They will survive this war as well.
Putin has been judo learner since childhood - he only believes in military solution but one thing is for sure they are very aggressive and they do what they deem right.

I see you drank Putin's PR cool-aid. Vladimir Putin's honorary black belt in Judo has already been taken away at the very start of his genocidal war on Ukraine. In fact, his judo skills are extremely overexaggerated as well as his position in the KGB. A lot of people seem to think he was some kind of badass spy? The truth was he was a middle class pencil pushing buerocrat in a low position who nobody in the KGB thought anything much of. Nobody knew him and nobody was impressed by him in the KGB.

Both his Judo and his time in the KGB have been blown waaay out of proportion. 
18  Economy / Gambling discussion / Re: Would you bet on transgender only events? on: June 23, 2022, 03:19:57 PM
Transgender women joining sporting events that were originally created for biological women has sparked some debates for some time now. I wouldn't delve into the science of it since I'm not that good about these matters anyway hehe. People argue about their physical advantage over biological women and called for changes like having a different category.

Their call has been answered first by FINA when majority voted for a ban and the creation of an open category for trans women.
https://www.abc.net.au/news/2022-06-20/fina-votes-to-restrict-transgender-swimmers-in-competition/101166220

The rule by FINA was followed by the International Rugby League. More study will be done for a more inclusive policy.
https://www.abc.net.au/news/2022-06-21/international-rugby-league-bans-transgender-women-fina-policy/101169870

I think it will just be a matter of time before other sports organization will follow after them. Will there be a good market for this? I don't know but bookies will probably open a different line for the events exclusive for them. Would you bet if they do?  

Obviously the transgender "women" are going to have a massive biological advantage in any physically demanding sports against the biological, real women. So why would I not take the free cake and bet on them? Of course I would. I am sure that there are people so fundamentally woke they would rather lose money than acknowledge reality but I do not belong to that specific group of people. Nor would I ever wish to belong to them.

People's lives in the west have become so comfortable and boring that they are actively seeking problems. And when they do not find them, they make problems up. Problems which never existed and should have never existed.
19  Economy / Gambling discussion / Re: How to Effectively Maximize Profits from Online Crypto Casinos on: June 22, 2022, 09:57:56 PM
I found this interesting article. It is mainly for beginners. It provides the proper guidance on how maximize profits from online crypto casinos. Beginners often find it difficult to win money from an online crypto casino often times because they have no strategy in place. The right techniques that gamblers must take cognizance of to make money and keep money from online crypto casinos are highlighted below:

  • Play free spots
  • Make the most out of casino commission benefits
  • Monitor your funds
  • Play the games that you’re skilled at
  • Be aware of your betting patterns.

Do you have any surefire strategies that works for you which is not in the list above?

You can read the article here: https://blog.bc.game/how-can-you-make-money-effectively-from-online-crypto-casinos/




You forgot "do not let your emotions take control of your betting behaviour". Which, really is the most important one of them all, if you ask me. A few seconds of negative emotional betting and you could lose everything. All because you tried to regain your losses with unrealistic, rash and badly thought out betting decisions,

My best strategy would be to walk away once you notice your emotions are getting high over a losing streak or even if you just had a bad day and need to vent. Just remember not to vent using your money.

The part about playing the games you are skilled at can be updated to: "play the games you are skilled at and enjoy playing".
20  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 22, 2022, 09:31:25 PM
Indeed, that sounds like a good plan. Imagine having 2 JJG's on one single thread. Surely WO can't handle this much stress test.

His posts contain useful substance, that is, if you have the attention span to read through it.

I do try my best but it's too hot and Bitcoin is falling.



And I think that all of us can more or less agree that you are the mindrust for this season.

When Mindrust "mindrusted", he quietly left the WO thread.

But this new troll death_wish just never shuts the fuck up, spewing walls of garbage and nonsense.

Actually I think we may have laughed at him too much. Literally made a meme out of the man. Hopefully not the reason he left. :/
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