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1301  Economy / Gambling discussion / Re: [POLL] Using AI to predict outcomes on: May 02, 2023, 03:19:41 PM
Good stand point, if you have the knowledge and you are confident about how you assess every game that you are involving yourself in gambling, then why bother using AI?
Right, it makes sense, I once used the help of ChatGPT in sports betting, especially football, four times I tried, the fourth time I got the bad luck AI was really messy, the information that the robot provides, 100% of the information that is on the internet and is generally known by the public.

Until now I always remember what was said by: @Geoffrey Hinton.
Quote
Hinton says the dangers of AI are more than that. AI can cloud the human view of truth and lies.

"The general public will find it difficult to distinguish what is true and what is not true. Photos, videos, and text generated by generative AI systems are flooding the internet as a source of human information today.


Until whenever I always remember what Mr AI' said, what @Fredomago said was precise and reasonable, bets of any kind, predictions, self-analysis are the best and can be trusted.


That is exactly the reason why I call ChatGPT a glorified "let-me-google-that-for-you" app. And honestly it is. Just a somewhat complicated and modern version of it. I think everyone in this forum knows my distaste for the current GPT fad going on, as if though ChatGPT was anything actually impressive. The feeling to this fad is very similiar to the same fad feeling as when "3D Television" came out and everyone was going crazy over it. And now? Nobody wants or needs it.

Same with ChatGPT. More impressive and/or useful AI will come out. Either that or the entire AI fad will fade out and it will just be known as a modern algorithmic solution for programs. Because "AI" is just an algorithm.
1302  Economy / Economics / Re: Bitcoin Supercycle? on: May 02, 2023, 03:01:53 PM
Is it possible to have a bull run for the next couple of years? I mean more people and companies start using bitcoin often and knowing there's a limited supply of it, the demand for the crypto will go up eventually. Do you think it's possible considering inflation and our global economy today? I know its a very volatile asset but what do you think?

Bitcoin has been in a bull market since its inception. If you take a look at the chart and zoom out, you will see exactly that.

As far as the rather short or mid termed bull markets go: where there is something going up, the same thing must come down, sooner or later. And the more it goes up, the harder it falls down.

There has been no incredibly volatile price movements since Bitcoin has become so widely adopted and I hope it will stay that way. A gradual but slow rise is always better than a choppy back and forth which only serves to scare people out of their coins...
1303  Bitcoin / Project Development / Re: Any guide lines for bug bounty hunters on: May 02, 2023, 10:40:02 AM
Do you have ever participate bug bounty hunting for startup projects like publish immunefi platform? Seeking guide for start these tasks.


Unfortunately, many of these campaigns do not abide by their promises, or at least pay using them tokens, so it is better to look for more reliable sources and then ensure that you get your profits.
If your hacking skills are good then why not try  -----> https://bitcointalk.org/sbounties.php

I noticed that many such bug bounties have changed since the old days when they would pay decent amounts of money for even small bugs. Nowadays the project managers have gotten so greedy that even big bugs are only paid a pittance. I guess that is the reason why so many of them started stating giving rewards "up to an x amount of money" for a bug which they decide how significant it is. And the decision is always arbitrary but always on the low side.

My guess is that there are too many third world programmers who have somewhat decent skills but are ok with accepting peanuts for their work.

At some point the project CEOs might regret not paying larger rewards when they notice that the bug hunters become information sellers.
1304  Economy / Gambling / Re: Can we trust 3rd party Slot providers? on: May 01, 2023, 06:35:07 PM
We are seeing more and more 3rd party Slot providers being dropped by casinos over some sort of irregularities.. Stake.com removed all YGGDRASIL games and I also think iSoftbet games from their platform. So when Eddie (co-owner) was asked about this, he just commented that there were some irregularities.. so they removed it.

Try to Google anything about that and you will not find anything, because the industry keep their secrets. My question is.... can we trust these 3rd party Slot providers? Who are auditing their games and who are checking if the advertised RTP are being configured on their servers?

Let's discuss....  Huh

That really depends on the third party. If they have been around for a long time and have been used by well known, old and trusted online gambling casinos, then I do not mind trusting the third party slot providers. However the ones who can only get a partnership with new and sketchy casinos that nobody wants to play on? Those I actively try to avoid, if possible at all.

I have no idea if they are audited or even subjected to strict regulations but I imagine there should be regulations for them as well. I mean the casino itself is heavily regulated, and by proxy it needs to have proof that the third party provider is trustworthy, otherwise the casino can get into hot water (legal trouble) really fast.
1305  Economy / Gambling / Re: Dexsport.io ⚡ the first decentralized crypto sports betting platform on: May 01, 2023, 12:37:43 PM
I see a lot of red flags and personally, I would avoid this gambling platform, dexsport.io, like the plague. After performing a simple google search, I found that there are a lot of people accusing this platform of withholding funds and not paying out winnings (on social medias like Twitter and Reddit but even on their own Telegram community channel you will see people complaining about not being able to withdraw their money)...

Even the title of this platform is incredibly dishonest by calling itself "the first decentralized crypto sports betting platform". It is obviously not decentralized nor the first of anything if the users cannot even hold on to their own funds and winnings can be randomly rejected by a centralized admin.

If anyone has proof of scamming, they should definitely post it in the scam accusations subforum! I think there is a high possibility of them being either extremely incompetent and/or dishonest.

1306  Economy / Gambling / Re: Looking for the best tipsters in the world on: May 01, 2023, 12:12:15 PM
Hello! I Looking for the best tipsters in the world
winrate 80%+, better is 90%+(Asian Bet or Bet365), you know what I said
Maybe it is fixed matching, but I need to verify it.
Fraud don't PM me, I won't pay prepaid first.
I am very familiar with all this
@bet358


You are only asking for trouble. The only PM's you are going to get are from scammers and fraudsters. So be prepared for that and be careful.

I do not mean to sound in any way discourteous, but I believe that you are looking for something that does not exist. Nobody who is an actual insider and can give real tips on fixed matches will be on the lookout for some newbie accounts looking for tipsters on a Bitcoin internet forum. They will have bigger supporters behind them and they will be dealing with large sums of money. Most likely much, much more than you can offer them.

Therefore I would advise you to rethink your naive plans before some smart scammer actually manages to take you for a ride. Roll Eyes
1307  Economy / Gambling / Re: justbit.io asks for KYC (their site say NO KYC) then confiscates my winnings on: April 28, 2023, 10:57:07 AM
Hi there


I have been playing some time now on justbit.io. Won some money, and my account stands approx 8 mbtc. I asked to withdraw 5 mbtc and today they asked me for KYC procedure (ID and other stuff). By their site states explicitly that they do not ask for KYC if crypto was used to deposit. Update: They confiscated today all my winnings without any other notice, nor waiting for me to send them the documents.

A lot of casinos use "no KYC on deposit" as a marketing strategy. You should have read the rules of their casino website before you made an account and deposited your money there. It baffles me that there are so many people who completely ignore the Terms and Conditions and then proceed to lazily do as they like before they are faced with reality.

Obviously there is no such thing as a legitimate and licensed non-KYC casino because they have to follow laws and regulations, otherwise they would not be allowed to offer gambling services, especially in countries which strictly demand such regulations to be implemented.

Right now your only choice is to present your KYC to them. If you live in a country which is restricted by their ToS then they will disable your account. You will still have a right to take back your full deposited fund amounts, but not your winnings.
1308  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 28, 2023, 08:11:02 AM

If quality of life would be a deflational asset, would you rather accumulate and hodl or sell it? If you could, hypothetically spoken.




I think accumulate and leverage it.


my 4000th post on Bitcointalk.
1309  Economy / Gambling / Re: A reminder for gamblers to avoid FortuneJack (ongoing lawsuit, 120k usd stolen) on: April 28, 2023, 07:08:07 AM
OP's bets could be considered null and void as per the contract he agreed to when he signed up. As far as I know, winnings are not awarded by the casino in such cases.

Personally, I think duplicate bets should be automatically deleted or not be allowed to be made in the first place and a notification to be made to the user (Which the user cannot turn off)- but that's just a matter of user convenience. The fact remains that FJ has provably cancelled such kinds of duplicate bets in the past and has openly stated to do so in its past TOS should have given OP some kind of forewarning.

From a strictly legal standpoint, OP is in the wrong, I would think. However he claims to have opened a lawsuit so lets see how that goes.
1310  Economy / Gambling discussion / Re: [Boxing] Stephen Fulton vs. Naoya Inoue | WBC & WBO 122 lbs bout | July 25 on: April 27, 2023, 08:46:42 PM
Japanese are truly disciplined people but there will always be the heart of a bias. But, I do believe it won't be Japanese people who will be sitting there to give points. They don't do that unless this is just an exhibition match like what happened in Korea with the Pacquiao versus DK Yoo fight. The undercards were mostly won by South Koreans even though it's too obvious other countries won it.

Since this is a championship fight, hopefully, there will be judges that are not from Japan, so people won't think it's a biased fight in case Inoue wins. However, even if there are three Japanese judges but the fight is won by KO by Inoue, there would be no issue stirring around. Nonetheless, since we cannot ensure the outcome of the fight, although the probability of Inoue winning is high, the organizers need to ensure fairness by getting judges that are not Japanese.

I think that other than nationality, judges could easily be influenced by their own biases and fanships. Who is to say a judge won't favor a certain fighter over another just because he is personally a fan? Or because he does not like the other fighters skin color or country of origin?

So, as far as biases are concerned, there is more than simply the bias of national pride to worry about.

Judges need to be neutral and professional. They could as easily be corrupt individuals who accept bribes in order to judge unfairly for or against a certain boxer. Although from my experience the Japanese are a very trustworthy and honest people. So I would have no qualms about seeing a Japanese judge in the stand, even though Naoya is in the fight.
1311  Economy / Gambling / Re: Is something big happening behind the scenes that no one is talking about? on: April 27, 2023, 08:26:42 PM
Recently, Stake has lowered their bonuses drastically, lots of users to this date complain about it in their own forums ... last Friday BCgame said "Rakeback will no longer be available"... "We appreciate your support and understanding".... another well known group is investing less on their current site and starting a new site with a new domain, and if you google search "Curacao" then some article from 18 hours ago about Curacao being investigated for money laundering" is popping out, not that it seems to be a major thing but who knows...

Long story short - is something happening now? Is there something big that's happening behind the scenes and no one wants to talk about it other than behind closed doors?

Yes, Google, Amazon many other giants had to cut down costs, staff and more, but why crypto gambling sites? Aren't these growing now and replacing the failed traditional sites that take 3-4 business days to get the user paid?

What's going on behind all these cuts and cuts ... is it something bigger? is Binance in trouble? just preparing for rainy days? or is it simply about profits?

Is anyone else feeling like something is wrong here?

I think it is just business as usual. Profit goes over everything and it does not matter how bad things seem to get, as long as the customer base does not start complaining too much and just accept it, all businesses (not only online gambling casinos) will try to cut corners and save up on some money. Gamblers for example are quietly accepting the lower bonuses without much of a fuss, so why should the casino not lower the advertisement cost for that particular marketing campaign? Because that is what bonuses are to the casinos - a marketing campaign to keep people using their services.

It is not their fault. The people are just getting too complacent and lame for their own good.

Once people start shifting to other casinos with better bonuses in larger groups, you will notice bonuses start to improve, in an attempt to retain customers.
1312  Economy / Gambling discussion / Re: The psychology of betting..... on: April 27, 2023, 07:55:56 PM
As humans, we are conditioned to look for patterns in life and we gamblers try to make predictions based on what we see, while we are gambling. The reality is that these patterns does not exist, but we like to pretend that they do because it helps us to bring order to the chaos that are gambling.  Roll Eyes

Some people seem to think that your bet size will increase your chances to win, but that is simply a myth. The reality is that it simply means your payouts will be bigger when you do win.

A lot of my friends believe that it is better to spin the Slots manually, because "Auto spin" are rigged by the casinos... but that is also a myth. A lot of things come into play when a bet is made and it has nothing to do with the "auto bet" feature. (Client Seed / Server Seed & RNG and RTP ...)

Have you pressed the "bet" button, before the reels have stopped.. thinking that it will give you a favorable outcome on your bet? Well, I have news for you... the outcome has been decided in milliseconds after you pressed the button for the bet, the GUI interface happens long after that to display the outcome of the bet to you.  Grin (Go into the developer mode of your browser to see this)

What patterns do you see and how much do you believe in it?

Auto gambling is definitely not a psychologically good way to gamble.

I too dislike auto spin but not for the reasons of being superstitious or paranoid that the casino may be trying to cheat you somehow, but rather for the objective reason that its not really gambling if you let a machine take over for you. Gambling is supposed to be a personal experience, thats why you came to the casino, right? To do it yourself?

Auto spin feels cheap and wrong, which is the main reason I think that some people are so suspicious of it.

When people gamble by themselves and lose/win, they consider that their own achievement/failure because it feels like it is. Auto betting feels like someone else is doing it for you, so when you lose money if feels like someone else's fault.

At the end of the day you leave the casino angry and frustrated even though it's not your fault.
1313  Economy / Gambling discussion / Re: The madness of gambling addicts. on: April 27, 2023, 05:52:32 PM
China, huh? I was almost surprised by the news headline. In it's own nature, addiction, whether gambling or drugs or other can bring out the very worst in people and make them do things they would normally never do. Human life is not worth very much in China in the first place, so it comes to me as no coincidence that gambling addiction can produce some of the most inhuman and detestable acts there.

Furthermore, mental illnesses are looked down upon in China and nobody there will get the help they need. Gambling addicts, drug addicts, alcoholics are all swept under the rug and everyone pretends not to notice something is wrong. So I doubt that they would really try and fix the situation. Undecided
1314  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Any advice for invest my first 600$ in altcoins? on: April 27, 2023, 12:59:51 PM
Hi just new to here. I want to know what are the good altcoins that can be invest and forget until 2026. I'm currently thinking to spend around 600$ for altcoins. Right now I'm holding BNB & ETH only as altcoins. Don't say buy BTC cuz already have nice amount since 2010.

Is it good to invest in HOOk, SUI , ARB or ID altcoins? Since they are new just thought to give a try. Thank you

This is not advice but I am going to tell you how I would do it if I were you:

Don't invest in any altcoin below the top 30 on coinmarketcap by volume. Personally, I would not even go below the top 20. Furthermore, you should consider investing dividing your money into parts and investing only one part into each altcoin. 60 USD each altcoin gives you a nice spread of 10 different altcoins.

Basically, do not feel tempted to put everything into one basket. Thats just smart risk management and I do not think I have to tell you that.  Grin

Don't fall for the newest coins. They fail 99% of the time. Be sure to pick a coin which has been around for a longer time. At least 3 years, I would say. And it should show a steady rise during that time. Avoid pump and dumps and bad performers.

1315  Bitcoin / Bitcoin Discussion / Re: Why gambling and mixing called bad actors in bitcoin on: April 27, 2023, 10:20:43 AM
From my experience and observations, I noticed both Bitcoin mixing and online gambling using Bitcoin are mostly regarded as bad actors in Bitcoin despite both being the highest Bitcoin adopters and having the largest Bitcoin volume in transactions and services.
Secondly, if Gambling and Bitcoin mixing services are called bad actors, what about centralized exchanges are they also perceived as bad actors in Bitcoin?

Both services are, from the viewpoint of the government, bad actors because they make it so much harder to pin out the money launderers and other undesirables, as the government would view them...

The Bitcoin community itself would not consider these services as bad actors unless they are scams. Ironically, unregistered/unlicensed gambling casinos as well as anonymous mixers can be considered shady because if they decide to scam their clients, there is nothing the clients can do since the services are out of the government's reach.

If you were to ask me, I would consider the government itself a bad actor (too much incompetence and corruption in politics), but a necessary one to keep such services in check.
1316  Bitcoin / Bitcoin Discussion / Re: We must fight back SEC, from Ripple to Coinbase on: April 27, 2023, 03:16:50 AM
From this U.S. SEC threatens to sue Coinbase over some crypto products in late of March 2023, to Coinbase sues SEC after months of silence from federal regulator just about one month later.

I don't know what you thought one month ago and what you are thinking right now. I believe that the USA. won't let cryptocurrency companies to move out of their country easily and because of SEC. The latest hearing in the USA. Congress is a signal that they don't want it to happen and want to force SEC to do the right things for the nation, their citizens and to control SEC power (less than overwhelming usage of SEC chair Gensler).

SEC can not arbitrarily calls any altcoin as a security and sues them. If they don't apply Howey test, they can not sue any altcoin project arbitrarily and unreasonably. South Korea disagree with this style too, but of course according to South Korea laws and regulations.

South Korean Court Says Terra Classic (LUNC) Not a Security

Please share your opinion.

The SEC cannot stop Bitcoin so I do not really care about the regulation theater they are trying to impress the feeble-minded with. I certainly am not going to defend the Terra scam or its scammer CEO and I am definitely not going to defend the business operations of any centralized exchanges. Bitcoin has defeated any and every regulator. Unless every country in the world chose to become dictatorships which collectively outlaw the entire internet, there will always be ways to mine Bitcoin. And I am sure there will always be ways to buy Bitcoin, no matter how many obstacles the government wishes to put in our way.

Bitcoin is freedom. Bitcoin is unstoppable rebellion.
1317  Bitcoin / Bitcoin Discussion / Re: What a physical Bitcoin could look like? on: April 27, 2023, 02:19:04 AM
Thoughts on this. Now at this time. It would be almost impossible to make a physical Bitcoin. But with advances in technology it could be possible. Maybe if you have just whole numbers of Bitcoin, eg 1 Bitcoin.
i am thinking its possible into a almost like a paper note format, with bar codes etc on it. It would be centralized in physical form almost, but i think it could be possible to actually have a physical aspect that could be moved in the real world.

What are your thoughts on what a physical Bitcoin could look like and an idea on how it would work?

I imagine it would have to look like a coin, first and foremost. Otherwise it would be disappointing to call it a BitCOIN. Furthermore, I think it should look very technologically (designed) awesome and of course, it needs the BTC symbol for Bitcoin. So, obviously, it would look more or less exactly the same as the Bitcoin logo that everyone knows and loves. We even use that coin logo for Bitcointalk- Just take a look at your tab, lol.

But I will always see a physical Bitcoin as infinitely inferior to the real Bitcoin. Just because a physical Bitcoin is a centralized version of Bitcoin. Which is quite ugly to me and is not what Bitcoin stands for (decentralization).
1318  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 26, 2023, 11:42:17 PM
With the mtgox funds on the move the market appears to be a little spooked that distribution is going to result in a price crash. Investors apparently trying to get ahead of this love caused a price drop of nearly 10%. Very interesting to see the market so sensitive to the news cycle. I guess people really think a lot of the gox BTC is going to hit the market.

It was bogus news.

https://decrypt.co/138086/bitcoin-plunges-7-in-an-hour-to-under-28000-as-mt-gox-us-gov-wallets-move

Quote
Bitcoin Plunges 7% in an Hour to Under $28,000 as Arkham Sends Erroneous Mt. Gox Alert
Blockchain analytics firm Arkham said wallets linked to defunct crypto exchange Mt. Gox and the U.S. government had moved large amounts of Bitcoin. But the alert was the result of a "bug fix."

Quote
Editor's note: This story and its headline were updated after publication to clarify that Arkham's Mt. Gox alert was sent out in error.


https://tokenist.com/bitcoin-collapses-2k-as-us-govt-and-mt-gox-wallets-allegedly-awake/

Quote
Bitcoin Collapses $2K+ After False Alarm Sends Traders Panicking

Quote
Editorial note (April 26th, 2023, 5:48 PM EST): A paragraph on Arkham’s statement was added.

We should write them a thank you letter for the cheap coin.
1319  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 26, 2023, 07:08:44 PM
If Bitcoin fails to close daily above 28.3K$, Bitcoin may come to 26.3K$.



Bitcoin may also go  up to 100k, go back down to 26k then go back up 100k and then go to 500k before going down to 20k and going back up to 1 mill and so on and so on. Posts like that only scare the newbies into selling for no reason, instead of HODLing, like they should.

If you have an idea and wish to share it, then provide charts and explanations based on historical data. Otherwise all you're doing is pulling numbers out of thin air.
1320  Economy / Gambling discussion / Re: Politicians behind the development of gambling platform on: April 26, 2023, 06:50:11 PM
A politician in the Philippines claimed to have had a hand in the development of the very controversial e-sabong platform he operated e-sabong so he can make a lot of money so he can use for the campaign, and his family to win local elections because the election in the Philippines is very costly many candidates are buying votes to secure their win, there were reports that he murdered their family's opponent because of e-sabong.
Do you think that government should have a rule or a law for election candidates not to have a franchise in any form of gambling, in fact, there are a lot of politicians who are operators of illegal small-town lotteries this is to accumulate funds they can use for election campaigns.

Congressman confirms past stint with e-sabong when it was not yet banned by gov’t

Not only in gambling!

I believe that politicians should not be allowed to have any kind of income other than their pay from the government for their position. That pay should be transparent and fair.

They should not be allowed to have any other kind of pay, income or businesses or equities. If they are offered money, its in the human nature to accept it. Some may be more or less corrupt than others but its a danger nonetheless.  

Don't get me wrong, I am not one of those anti-capitalistic people who want a communistic government. I just think that people who have power should be restricted in their freedom of becoming corrupt.

Not only politicians. Think about how many jobs require a person to be non-corrupt. They should have more powerful restrictions. You would not want your doctor to do unnecessary surgery for the money, would you?

Either they get to be a powerful individual who decides over the lives and futures of their fellow people or they can be rich entrepreneurs who hold no power over the future of the people. They should not be allowed to be both.
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