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1861  Economy / Gambling discussion / Re: Candidates for the WORLD CUP 2022 Winner on: December 04, 2022, 07:06:57 PM
I don't know why but I have a feeling that this time the Netherlands will come up on top. And it would be about time too! They have a tradition of botching things at the final, vital moments in the past. Lets see if history will finally break the cycle of repeating itself for the dutchies Cheesy

Argentina is a very strong opponent. I am betting on the Netherlands but its a bet that makes me very nervous. Too bad Germany is no longer in the running. I would have otherwise bet Germany getting its butt kicked by Argentina.

Also, OP, your images are all messed up and cannot be seen. You should reupload them to imgur or some other image uploading site which is allowed/processed correctly by Bitcointalk.
1862  Bitcoin / Bitcoin Discussion / Re: Strong Hands Are Buying on: December 04, 2022, 04:16:12 PM
A simple reason is enough to understand why it is good to make ourselves among he strong hands. People continue to buy whenever the market turn negative. At that moment fear too accompanies thinking whether the recovery will happen or not. The simple answer for this, we need to calculate the percentage of people into cryptocurrency last year and this year. With time the users have increased, usage have increased and so will be the demand. This shows the supply demand mechanism push the price harder.
What's crypto?  We are talking about bitcoin in this thread.
Crypto is the hopeless attempt at copycatting the concept of Bitcoin in hopes they will create something even better. After all these years, Bitcoin is still at the top. Personally I am super ok with Bitcoin being at the top. And crypto itself serves as an everlasting, perpetual reminder that nothing can top Bitcoin. Especially in times when centralized exchanges are showing their real faces. And not only their faces but also the faces of the people standing behind them, waiting greedily with open hands for their share of the loot.

But you are right, this is the Bitcoin forum. Lets not talk about bad investments here.

I guess I am turning into a wee bit of a troll about the topic, because in some sense, I give little shits about whether members choose to use and/or to parrot sloppy language and some folks are having difficulties even placing where king daddy is at in relationship to the various other "related" projects in the space.

I am not even claiming to be any kind of a "bitcoin" genius because it seems to me that bitcoin is quite difficult to know or even to have any concrete senses in regards to whether bitcoin is going to end up being more successful that it already has been....

There is no putting the genie back into the bottle - yet there are still questions the ways in which bitcoin's network effects continue to play out and the extent to which real people are able to figure out what is the prize and to keep their eyes on the prize.. to be able to separate the wheat from the chaff... or to recognize various snake oils and snake oil salesmen and a variety of ways that any of us might be humbled by gambling with bitcoin or some related project.  How much are we investing into bitcoin?  Are we over doing it, under doing it or getting  distracted into "diversifying" too much into various shit projects?  

How well are we managing our risks?  I am not claiming to be perfect in the risk management department either, but I feel that I can still recognize a variety of ways in which I am NOT going to gamble with my limited finances, limited time, limited mental energies and even my abilities to engage in a sufficient amount of critical thinking in order to attempt to understand if I am sufficiently attempting to understand what is bitcoin as compared to various other related projects - which would include attempting to understand if the use of "crypto" or "cryptocurrency" helps me to understand what is bitcoin and how it might compare with "related" projects.  Is there even such a thing as "crypto?"    I hear the term quite frequently... and sometimes, I use the term myself.. but when I hear others use the term, I bet a vast majority of times, I don't know what the fuck they are talking about when using the term... so I am likely going to keep asking for clarification regarding the term.. and some folks will ignore my question, some will attempt to respond, and some will likely not understand why the question was asked.

Most fraudulent or scam platforms hide under the term crypto. And the majority of the setbacks bitcoin has encountered are an indirect consequence of the mismanagement of most of these wannabe coins.


Well there are also scams that hide under the name of Bitcoin. But yes, your assessment is correct. MOST scams are crypto, or otherwise mentioned as "altcoins" or "shitcoins", depending on the subjectively perceived quality of said coin.

But then again, the quality is always compared to Bitcoin and found lacking. Even the second biggest altcoin is centralizing itself out of relevance with PoS.

All these coins do is create lower dips and higher pumps for Bitcoin. So, thank you, I guess?

As far the name of Bitcoin being sullied: I think we should, as a community, separate "Bitcoin" from "Crypto". Which is what JJG has doing since the dawn of Bitcoin.
1863  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 04, 2022, 03:06:37 AM
"A picture is worth a thousand words"

Bitcoin Yearly Candles


This years candle looks like such an obvious bear trap. We could spring back to 30k+ before the end of the year. Unless we end the year on a fat red candle, I am staying optimistic.
1864  Bitcoin / Bitcoin Discussion / Re: Strong Hands Are Buying on: December 03, 2022, 10:16:13 PM
A simple reason is enough to understand why it is good to make ourselves among he strong hands. People continue to buy whenever the market turn negative. At that moment fear too accompanies thinking whether the recovery will happen or not. The simple answer for this, we need to calculate the percentage of people into cryptocurrency last year and this year. With time the users have increased, usage have increased and so will be the demand. This shows the supply demand mechanism push the price harder.

What's crypto?  We are talking about bitcoin in this thread.

Crypto is the hopeless attempt at copycatting the concept of Bitcoin in hopes they will create something even better. After all these years, Bitcoin is still at the top. Personally I am super ok with Bitcoin being at the top. And crypto itself serves as an everlasting, perpetual reminder that nothing can top Bitcoin. Especially in times when centralized exchanges are showing their real faces. And not only their faces but also the faces of the people standing behind them, waiting greedily with open hands for their share of the loot.

But you are right, this is the Bitcoin forum. Lets not talk about bad investments here.
1865  Economy / Trading Discussion / Re: Learning how to code in order to automate trading strategies, is it worth? on: December 03, 2022, 09:21:36 PM
Hey members.

I have been a trader for about 4 years, but lately I have been thinking much about learning how to code from scratch (Yep, I am those unlucky ones who did a course that didn't require any coding  Cheesy)

I intended to use the knowledge gathered to make and automate some trading strategies and also understand better how to use some bots, but I am left to wonder if these whole new journey will be worth it?

Also, apart from pine script programming language that is specifically trading view, is Python the only other programming language I need to learn (No JavaScript and all those other programming languages)?


I don't know but I am in a very similar situation as you. I am a trader since 10 years more or less and I have only recently started learning Python. But my reasoning for Python is not creating trading bots or automated trading bots but rather to create an AI trading bot. I have been told Python is the best for starting out in AI but I myself am a novice so I cannot really give you any certain guarantees on how useful Python will be and whether there is a better alternative for AI beginners.
1866  Economy / Gambling discussion / Re: under-age gamblers on: December 03, 2022, 06:43:30 PM
under-age gambling.any side effects? 
Firstly gambling is a habit that becomes an addiction when not properly control and its really gonna eat you up likewise making you restless and not always focused on things you should do.

The  rate at which i see young minds and teens involved in the act of gambling in my area is really alarming and because of the poor regulatory bodies controlling the laws in my area they can't really do anything about this and its really affecting this young age.
Gambling has become a thing for everyone in my locality with out any age restrictions and am just curious If this is not going to cause side effects on this young gamblers.

Just the other day i was predicting  some games in the world cup in a betshop cause my network was bad so i can't stake online  so i decided to go to the betshop to place the bet, then to my shock i was boy aged around 14 to 15 years who came in and gave the cashier a booking code to place the bet and give him the coupon and the cashier collected and i was like isn't this too little to be involved in such acts.

And am just curious if this won't affect the person in times to come



I think that under-age gambling is a huge risk for the correct development of the adolescent brain. Just like with drugs, gambling releases chemicals in your brain which, if done again and again could possibly rewire the young brain in such a way, that its development becomes stunted or just completely wrong. This is not a big risk for adults because their brains are done growing (around age 21-25?, I think?).

If you see kids gambling, you should definitely intervene, as a responsible adult.
1867  Bitcoin / Bitcoin Discussion / Re: Why We People Cannot Think Like Whales 🐋 🐳? on: December 03, 2022, 02:20:53 AM
First of all many members will roast me and will say that where you got such idea, why are you bluffing but this is Bitcoin discussion, so I thought that I should share something.

1) Many Of Small traders always got into the Trap of Whales? Why?

2) There are Always Ponzi Schemes in All Bull runs like 2027 was ICO big Scam
And Now BIG crypto projects Got scammed in 2022 like Terra Luna, FTX, Solana, Serum etc. They are not just coincidence. These are preplanned Scams. And that. Sucks.
3) I think that Big Exchanges that are centralized are Big whales cause they know how much volume they have and how many longs and also Shorts. In this way they can Scam with many many wats. And also that is a small reason that we cannot outsmart Whales 🐋🐳.



I believe the biggest issue is that for the whales, this is all just a game they are playing. They have more than enough money set aside, even if they were to lose all their trading funds.

So losing money is not as nerve-wracking as it is for people who do not have so much money. For me, 1 dollar is not a lot of money. But for people who live in third world countries, 1 dollar is a lot of money that they might cry over losing.

Using fear tactics, the rich whales are just playing us out of our money by creating fear-scenarios.

Thats why people say to hodl your coins. Do not let yourself be psychologically influenced into selling your coins for cheapt to the whales. That is what they are hoping for! Undecided
1868  Economy / Gambling discussion / Re: My Unconventional Betting Strategy on: December 02, 2022, 05:52:17 PM
They say two good heads are better than one, I couldn't agree more. Here's a an unconventional betting strategy that me and my friends have come up with to bet on some of the world cup games. I totally love it because we have cashed out about $1000 since the games began. Also, it minimized the losses and everyone goes home happy.

The strategy -  We created one betting account with a local gambling site prior to the World Cup Games. We all contribute equal amount of money to fund the wallet. And using different analysis we place our bets on at least 3 of the world cup games every day.

For me it has a lot of advantages -

- it minimizes losses
- it reduces the chances of being addicted
- it helps to build bonding. We hang out. We watch the game and we have fun.
- We have a budget and we stick to it. It sorts of builds accountability.

Do you have a unconventional betting strategy that have been working for you? Do Share.

Sorry I do not see your "strategy" working out. If you are hoping to crowd-source the most popular betting choices, you are going to need to be aware that you need much more data input than only from a few friends. And it is completely redundant as well, seeing as you can put together the same data from third party data sources by yourself.

And putting all the money into one wallet? Who is going to maintain the wallet? Why do we need to trust someone else to hold our funds? Sounds sketchy.

The advantages are non existant, as it would seem to me. You have failed to even explain how those advantages would come about.
1869  Economy / Economics / Re: EU Moving to Ban Privacy Coins: Report on: December 02, 2022, 04:00:52 PM
Oh boo hoo! The EU is banning privacy coins. And?

Since when has the EU or anyone else ever been able to ban any kind of crypto coins? Name me one time that worked, even with shitcoins? It never has been able to ban anything. Not even China can ban crypto. There is always a work-around for coiners.

The truth is that the governments of the world are powerless against decentralization because they are overwhelmed by the sheer numbers.

Their bans mean nothing.
1870  Economy / Services / Re: Listing & Trending services ? (CoinMarketCap & CoinGecko & Crypto.com & Dextool on: December 02, 2022, 03:40:42 PM
Why would anyone want to pay a service for a free listing that anyone can do themselves? That seems a bit redundant to me. Also its like 15 minutes of work.

So I am also having trouble understanding the listing part of the "service".

And what is trending services? How are you going to make the listings trend?
1871  Economy / Gambling discussion / Re: What would be an ideal KYC solution? on: December 02, 2022, 03:36:30 PM
The user can play without giving KYC as long as they won't trigger the threshold and though the gambling site may require users to do KYC even if they won't hit the threshold if they are showing shady bets or trying to take advantage on the gambling site. You are right about the KYC it was mandatory for gambling site that has a license.

So to make it short, there's always a consequence.

To make it a bit longer, of course there is a consequence but the threshold should be marked clearly instead of vaguely. I find that most casinos are desperate when it comes to following regulations and using the KYC to their own benefit.

But these online gambling casinos do not provide any clear cut definitions of when, how and why they do their KYC. So users feel left in the dark and dislike the element of surprise because they thought they would never have to do KYC.

Also, define "shady bets"

1872  Economy / Gambling discussion / Re: Terence Crawford vs David Avanesyan December 10 on: December 01, 2022, 10:10:14 PM
It sounds like David Avanesyan is just a bum that Terrence Crawford will just dispose easily of. Probably because Avanesyan is not that popular. The division is flocked with amazing talents but the problem is they all belonged to different promoters and networks.

1. Errol Spence (WBA/WBC/IBF)- PBC/Showtime/Fox
2. Keith Thurman- PBC/Showtime/Fox
3. Vergil Ortiz- GBP/DAZN
4. Eimantas Stanionis- PBC/Showtime/Fox
5. Boots Ennis- PBC/Showtime/Fox

IMO, Avanesyan will beat Thurman. The only impressive performance Thurman made after his accident and long layoff was his losing effort against Manny Pacquiao. Probably he was motivated because he was fighting a legend but the rest of his return bouts from Josesito Lopez to Mario Barrios were all mediocre levels.

Crawford has the obvious disadvantage of being out of the game for a long time. He will probably be out of shape and not fit for fighting. My money is definitely not on Crawford.

As far as popularity goes:
I think it has something to do with popularity being a kind of "measuring stick". But I think non-celeb personalities without social media might be disadvantaged here, so statistics will not tell you anything. Or perhaps the popularity is the measuring factor for any sport. Nobody would like a bad footballer, just like nobody would like a bad fighter. So obviously for the fans of boxxing, the best. Most skilled and most often winning boxxer will be the most popular. Nothing wrong with that.
1873  Other / Off-topic / Re: Dangerous life of crypto-billionaires on: December 01, 2022, 06:29:28 PM
Those may have been accidents. I would not rule out coincidence just yet. But if they were truly killed because of their huge wealth, then obviously there would be more clues. So unless you are saying the governments themselves are somehow a part of this, I doubt these were murders.

Not many people drown or crash in their private helicopters. But it does happen. Even to completely normal, regular people with no absurd wealth.

I could however believe that some billionaire tried to fly the helicopter and crashed because he was not a good helicopter pilot, just a billionaire with too much time on his hands. Or if some rich guy slips off his yacht, that he spends all day on, and drowns because he was drunk or on drugs.

That I could believe.
1874  Economy / Gambling discussion / Re: Cock fight game on: December 01, 2022, 06:05:03 PM
But the biggest reason is probably that its hard to make a skill-based game into something luck based.

Cockfighting is more of a luck-based game though your bird has a high chance of winning if it is well-trained but in the end luck should be on your side most of the time to win.

Is it though?  Huh

One rooster is not the same as another rooster. If anything that is what I imagine to be one of the most exciting parts of the game? To bet on a better rooster? Thats why in real life cockfighting the strong roosters are very prized. If you wish to emulate that experience and offer it as a game on a gambling platform, then you cannot make the digital version luck based. Otherwise it just becomes a simple dice game but with animated roosters...

Not that I am an expert in cockfighting. Far from it, actually.

I also think luck is a huge factor in this game.  Since cockfighting is modified by equipping blades on the legs of the rooster,  other rooster are not comfortable wearing it so as a result there are some incidents of self-afflicted damage that can result in the death of a roster.  This sometimes happen when the dominant rooster shuffle the almost beaten opponent that is lying on the ground.  The dominant rooster often hit its neck that can result to insta-death of the rooster.

Another case of luck case is the fighting strategy of a cock.  Since most owners are not aware of how the cock fight, there is a chance that their rooster fight style is countered by the opposing rooster's fight style.  There are lots of cases that luck can apply on the cockfigting game.  One that I experienced was that the blade was wrongly equipped on our rooster making it not deal damage even though it should be a clear hit.

Yes, if it is not a luck-based game then what is it? I think it's clear that it's classified as a luck-based game because even if your rooster came from a strong breed that previously won different tournaments, its chances may somehow increase but its vulnerability is the same as the game is based on who will survive last or who will inflict the most stab from that blade they're equipped.

Also, if it is not a luck based game, how would a casino integrate it into their online games? They would need to either buy a game built based on an algorithmic way to ensure that nobody can cheat by figuring out the algorithm. So I imagine that they need to introduce chaos into the system itself before it can be called "luck-based" And if they do not, then they implement a game which can be beaten with skill, and obviously any AI that is able to figure out the game itself will render the casino penniless, seeing as the client side would win everytime just by cheating his "skill"...

In real life, every cock is different. You cannot really emulate that each individual skill.
1875  Economy / Gambling discussion / Re: New Solution to Address the Problem of Gambling in Australia. on: November 30, 2022, 09:53:43 PM
Sportsbet, an Australian betting giant, has said that it will support any move to prohibit the use of credit cards for gambling. The operator said that this type of payment method promoted a “play now, pay later” culture which was detrimental to the well-being of players and consumers. Here is a summary of the news below

The problem:Gambling with credit cards is high-risk in nature and could have serious financial consequences.

Proposed solution: Responsible Wagering Australia is putting forth a new interactive gambling legislation should block operators from offering credit cards as viable payment methods.

The Challenge: If this legislation is implemented, it would also affect lottery tickets, which would not be purchasable through credit cards anymore.

How Sportsbet is working to address the problem - They are building a “real-time intervention” solution that will allow it to leverage the power of AI to quickly predict customers’ daily deposits and send alerts when the depositing amounts begin to climb up too rapidly.

What other solutions can you think of?


Read the full news here

I had to read this multiple times and still cannot understand why exactly gambling with credit cards is more high risk than gambling with cash, for example? If a gambler has a huge gambling problem, up to the point that his life is turned upside down and he needs to take a loan out, he will not be saved by having been denied a credit card. More tempted? Sure. But people who reach that low point are not going to be hard to persuade to do something stupid.

1876  Economy / Gambling discussion / Re: Cock fight game on: November 29, 2022, 10:38:57 PM
But the biggest reason is probably that its hard to make a skill-based game into something luck based.

Cockfighting is more of a luck-based game though your bird has a high chance of winning if it is well-trained but in the end luck should be on your side most of the time to win.

Is it though?  Huh

One rooster is not the same as another rooster. If anything that is what I imagine to be one of the most exciting parts of the game? To bet on a better rooster? Thats why in real life cockfighting the strong roosters are very prized. If you wish to emulate that experience and offer it as a game on a gambling platform, then you cannot make the digital version luck based. Otherwise it just becomes a simple dice game but with animated roosters...

Not that I am an expert in cockfighting. Far from it, actually.
1877  Economy / Gambling discussion / Re: Cock fight game on: November 29, 2022, 09:17:26 PM
Cock fighting is a kind of gamble that bet is placed on the two cocks whereby if cock A wins all cock A supporters wins. It is a legalize gamble in some part of Asia

In the westside of my country during sallah, the Muslims buy rams for celebration, if the ram is bought before the day it will be slaughtered, one of the youth in the family will secretly take this ram out to the field were other Muslim people are with their rams for gambling.

It use to be fun when you see this ram nodding themselves to the extent that some rams might even die at the process of fighting and some rams will lose their horns. Money is been made at this period because so many gamblers will go there to stake on a ram in other to make profit

This kind of gambling is always fun because these animals fights in the circle of human, have you been involved in this kind of animal gambling or have you watched such game before. Can such game be in the casino?

So basically the real life equivalent of pokemon. Except more brutal and less exciting. Not that I have anything against a digital version. Hell, why not just play Pokemon and fight Pokemon? It is basically the same thing and you don't need to kill chickens for it.

To answer your question, I think such a game cannot be installed in most casinos due to laws. But there are countries in which they could exist in casinos, I am sure. But they can definitely find a crowd in online casinos. But then again, that would just be Pokemon. Maybe that's the reason casinos do not include this in their gambling games?

But the biggest reason is probably that its hard to make a skill-based game into something luck based.
1878  Economy / Gambling discussion / Re: Qatar bribed 8 players from Ecuador for the opening match on: November 28, 2022, 10:51:55 PM
Qatar is really screwing up this opportunity to make some money, honor and fame for their country. Roll Eyes

They could have been rolling in the tourist money if they made a small zoned-off bubble for the western sensibilities. instead of showing the ugly sides of their culture. Now they have insulted so many people, including the people of Pernambuco, Brazil. For stomping on their flag.

Qatar needs to get its shit together. It is basically "the Russia of holding World Cups" at this point. But, I have not yet witnessed a stoning of an LGBT. So props on that.
1879  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 28, 2022, 10:36:58 PM

Indeed a good read. A bit sad because I think a lot of people are going to be disappointed for not having bought Bitcoin instead. Well, live and learn.
1880  Other / Meta / Re: Russian Local on: November 28, 2022, 10:17:48 PM
~snip

On this forum, everyone gets a voice and nobody gets their mouth held shut, like in China. Even if it is coming from people you disagree with and/or hate. Nobody is forcing you to read their posts or participate in their sub-forum. However, people who are in the EU do not get to dodge responsibility of their words. If you wish to report the individuals for something illegal they have said or done under EU laws, then feel free to do so. But don't be a mad little girl just because we are not mass-censoring people that you don't like.

If you and your people of Ukraine wish to be in the EU, then learn to abide by EU democracy. This is how we do things.
 
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