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2001  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 10, 2022, 01:58:38 AM

FTX investors:

BlackRock
Ontario Pension Fund
Sequoia
Paradigm
Tiger Global
SoftBank
Circle
Ribbit
Alan Howard
Multicoin
VanEck
Temasek

source: https://twitter.com/fintechfrank/status/1590146012613857281
2002  Economy / Speculation / Re: Crypto dump is just getting started? on: November 10, 2022, 01:49:05 AM
IF the weekly ends with a big fat red candle then we can be sure that there will be more dips on the way during the next few weeks at least. However the weekly candle closing is in 4 days. No point in panicking just yet. This could prove to be a short term crash which will be quickly picked up again just as fast as it fell. The reason for this train of thought is that the dump was caused by FUD about FTX, mainly. I think we already have seen the worst or will shortly see the worst of the fallout. But as soon as that clears, Bitcoin should be safe again. I see no reason why this would create another monthly bear market.
2003  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 10, 2022, 01:38:11 AM
SBF reported missing and presumed to be evading authorities.

Time to pop some corn, gentlemen.

Probably hiding in the same hidey hole as Kwon Do-Hyung...
2004  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 09, 2022, 10:58:45 PM



I really hope you guys aren't going all in on buying the current dip. We might go lower! Rarely get Bitcoin this cheap....

My BTC transaction has been stuck for 7 hours now. Thats what I call congestion.
2005  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 09, 2022, 07:48:58 PM
are we poor once again?

Only if we sell. 1 BTC = 1 BTC
2006  Bitcoin / Bitcoin Discussion / Re: Sam Bankman-Fried the "savior" and his ideas on: November 09, 2022, 04:12:55 PM
Looks like Binance is starting to regret their decision on propping up FTX. If I had to guess then this is why today is another day of heavy dipping (8%) currently.
https://twitter.com/BTC_Archive/status/1590368491659735043

I really have no idea why Zhao thought "rescuing" was in any way a good idea. If I had to guess then I would say it a was a spur of the moment thing rather than an actual business decision. Now Binance is doing "Due Dilligence" or just saying that they are doing DD as an excuse to drop FTX soonish. Talk about shooting yourself in the foot...

No doubt that now especially is a bad time to have your Bitcoin (or any crypto) on a CEX. We might see some liquidity caused withdrawal freezing on smaller exchanges soon, if the market keeps crashing at such rates.

2007  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 09, 2022, 04:01:42 PM
Oops:



Edit:
Not difficult to forse this:

  • No way US would allow CZ to step into the US market
  • No way market regulators could allow a 80% market share entity. Whatever a market regulator is in Bitcoin space.

Oh boy! Cheaper Bitcoins! Please and thank you!
2008  Economy / Gambling discussion / Re: Quit gambling today and lesson i learnt on: November 09, 2022, 03:52:17 PM
The thread is not to ask sympathy but to share lesson i learnt from gambling such as you can gain from it something.

I learn not to play roullete frequently.

Make your money and leave.

For example come to a roullete game with 1000 usd try to mmake 5000 usd in 3 minutrs and leave.


If you make good money always celibratre and make the winning lasting experience in your brain.
With hookers champainge whatever you deem is neccessary.



I agree with the "Make your money and leave" part but I completely disagree with the second part of rewarding yourself for winning immediately after winning. This seems like a good way to condition yourself psychologically towards the dopamine rush of the reward after gambling. This very well might result in developing a crippling gambling addiction
by accident.

Rather than reward yourself after winning, the best thing to do is (from my perspective and experience in gambling) to walk away from the casino for a week or so, calm down, let the rush of winning subside and then and only then should you think about how to spend the money or if you wish to celebrate your winnings.

Also betting your money in 3 minutes then leaving? That seems like setting all risk management aside and gambling in a hurry like a madman. Not sure if thats fun or even wise to do.
2009  Economy / Gambling discussion / Re: Can roullete be rigged? on: November 09, 2022, 03:11:33 PM
I talk on live roullete in physical casino can it be rigged?

Sure a physical roullete can be rigged. But I think these kinds of things are checked regularly and made sure to be in functional order. Also, if it were rigged then there would be some patterns that gamblers would at some point catch up on and then the casino owner would be in very big trouble.

Anything can be used to rig the wheel. From weights to table balance manipulation or even magnets. There are an infinite amount of ways to rig it if you have a good imagination and a working understanding of fundamental physics.

But again, things like rigged wheels will not remain unnoticed for long.
2010  Other / Archival / Re: I don't want to buy cheap bitcoins, I want to buy expensive ones on: November 09, 2022, 01:11:44 AM
Sad but true. When the price is down, few people are interested in buying bitcoins. But in a hype and with high prices, people suddenly become interested in bitcoin and buy him dearly.  Cry

I've experienced this again and again in the last few years in my circle of acquaintances and it hasn't changed to this day. I wonder when will people finally learn it?  Undecided

I think it has something to do with human psychology. Whenever something drops in value suddenly, there is a panic that its become a dangerous investment. This is very understandable. I mean look at what happened to LUNA. Anyone who got out in time was lucky to have done so. So in such cases, being suspicious of the dump was the right thing to do. But then again the crash was due to the shitcoin itself that collapsed. Not because of short term FUD.

But when it comes to Bitcoin FUD based dips (like right now with the entire FTX and seized 50k Bitcoin drama), we have learned not to sell on such news because in the long run, it does not affect the value of Bitcoin at all. Its still going up. So every FUD dip should be seen as a discount price.
2011  Economy / Gambling discussion / Re: Casino games plebs like us must play on: November 09, 2022, 12:00:32 AM

I have gone through your post. I agree that playing with the lowest house edge available is the best technique for winning (Especially for new users). But I have observed from my experience with the gambling sites that BlackJack and Craps aren't very popular among the users. So as part of your positive advice, I would also like to say that your luck also matters to winning the gambling games.
Different games cater to different audiences, blackjack is a game in which the house edge can be lowered to very small levels if you know how to play it correctly, and you could even get an edge at some point during your time playing the game, but it requires to play in a certain way and to keep track of every single card which has been dealt, and not only many people cannot do this such a thing goes against their idea of fun, so they are very reticent to do something like this.


Honestly I prefer Blackjack. Not because I have some strategy or even because it somehow has a lower house edge but just because its a simpler game. I find that simpler games are just more appealing when betting. I do not want to have to think of strategies or plan my moves in advance or anything because when it comes down to it, all games have house edge otherwise the casinos would not be making money. Try as hard as you like but the most you can do with strategies is maybe lower the probability of you losing money by a bit. Id rather have fun than stress myself out with algorithms and strategies.
2012  Economy / Gambling discussion / Re: A lottery's defense to not paying a huge winning. on: November 08, 2022, 08:19:04 PM
I came across a story on this thread about a lottery company refusing to make payments to a player who legally played a game with about $690 and won over $160,000 but was denied payment on the grounds that his winning data has been wiped out of their system.
Below is the link to the original story.
https://punchng.com/lagos-lottery-company-arraigned-for-refusing-n72m-win/
Link to the topic
https://bitcointalk.org/index.php?topic=5418121.msg61175078#msg61175078.

I just came across another news,where the lottery company, has now come to a defense of its action for not paying the winner his winnings with claims that winner was involved in irregularities. And that around 2019 he won a huge sum of money from them and now another winner from same outlet which was suspicious to them.
https://leadership.ng/lagos-lottery-coy-says-claimant-of-n72-2m-win-engaged-in-irregularities/

The question is ?
What do you really think of the lottery company and is there any chance for them to winning the case and not paying the winner?



In my experience there are many gambling casinos/lottery companies that think that they can withhold a persons winnings on any grounds even if the reasons are complete baloney. Even if they are acting against the law, the simply have the audacity to hope that the winner simply will not sue/report them or that they make it so difficult that the winner basically gives up.

Don't get me wrong, reputable gambling companies do not usually do this. Its always some weird shady off-brand casinos that go about this kind of tactic to steal money from their players.

Not sure about these "irregularities" they claim but if they cannot provide solid evidence that the winner did something wrong then obviously they are trying to stall for time or hope that the winner just gives up.
2013  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 08, 2022, 08:00:41 PM
What's going on? Why BTC back at $17k??  Huh

FTX run by Central Bank to short temporarily discount Bitcoin

Shitcoins created to short temporarily discount Bitcoin

Binance owns Coinmarketcap to promote 20,000 Shitcoins to Short temporarily discount Bitcoin


Humans Shorters are a virus and not a species suckers .

TLDR: HODL Bitcoin


FTFY
2014  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 08, 2022, 06:23:16 PM
WTF was that last candle on the 4h chart? FTX FUD still going strong despite the Binance aquisition news? Whats pushing the sell off?

chart buddy is under my control and will drop us under 19k





Where the dude at
?

Giulianova, Italy
2015  Economy / Gambling / Re: A HUGE Scam is going on with bitsler! on: November 08, 2022, 06:11:47 PM
While I would definitely agree that their response to you in their email is extremely rude and very unprofessional, you seem to not be following their TOS and therefore have kind of done all of this to yourself. Now, I am trying my best not to judge, so if you have actual evidence that they are "scamming" then you should post said evidence in the scam accusation subforum on this site and not on the gambling subforum. Because to me it seems you have nothing except a rude email to show us that that particular online gambling casino has wronged you.  

If they did not IP ban you and if they were legally required to do so, (after you have stated you wish for an IP ban because of your gambling problem) then they might indeed be in the wrong and in that case you should see what you can do about reporting them.

2016  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 08, 2022, 06:02:20 PM
WTF was that last candle on the 4h chart? FTX FUD still going strong despite the Binance aquisition news? Whats pushing the sell off?
2017  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 08, 2022, 03:37:20 AM
Winter stained crimson.
Red proclaims green for hodlers.
Time teaches patience.


#Haiku
2018  Economy / Gambling discussion / Re: Losing $350,000 because of a friend, what would you do? on: November 07, 2022, 05:24:49 PM
He particularly chose Black 15 for $10K on roulette which he could have won $350,000 but a friend took the $10K and replace a safer bet. I know this is likely not to happen in real life. But let's say it did. What would you do?

https://www.youtube.com/watch?v=fT4GcK6Dpkk
I was trying to look for Kevin Hart movies on Netflix so I found one. Turns out one scene is an unsatisfying win.

Well as frustrating as it sounds, thats not losing $350 000 USD. Thats missing out on the opportunity on winning 350k. Which is nowhere as bad as losing 350k, if you were to ask me. Also as much as I enjoy Kevin Harts comedy, I would not quote him on his realism. Obviously this is a very unrealistic scenario because as some posters have already mentioned, nobody can take your chips. They do not allow that. And the bet was already locked in as soon as the wheel started spinning (although it may have been locked in earlier but I am not familiar with the technicalities).

Obviously they make movie gambling unrealistic to make it seem more attractive and/or exciting to the viewer. Roll Eyes
2019  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 07, 2022, 11:49:18 AM
Some renovation bills are coming up....maybe sell some bitcoin?
....naah.

But can you resist the temptation to sell some to get these high fashion trousers?



The fucking laughs started to really hurt.
Is it only me who is seeing Roger's ("American Dad" Alien) Testicles on feet?!

 Cheesy Cheesy Cheesy Cheesy

I was thinking either titty pic, or bottom pic, but now you mention it...

It looks like he is storing farts in a latex suit. Very fashionable. Do not question it.
2020  Bitcoin / Bitcoin Discussion / Re: Will digital dollar be a threat to bitcoin? on: November 07, 2022, 11:44:49 AM


The digital dollar is not even a threat to the paper dollar. If anything the paper dollar has less disadvantages and more advantages than the digital fiat version. I really hope all these digital government control traps are going to crash and burn at the moment of introduction. The only reason they exist is to take away more freedom from the people and put everyone under a bigger surveillance system. But since Bitcoin has come into existence, I am not worried.

they're made to stop the production and use of cash.

Thats really the reason why its not a threat to the fiat system of today. Because nobody is planning on making paper money illegal. If anything, they will have to slowly phase it out but not make it "illegal". The corrupt politicians have waay too much laundered cash in their mattresses to be advocating for wiping it all out in a day or two. So obviously if digital fiat is going to make it, it will have to show its a better version of the paper fiat. And its not. People will not accept the government denying them their cold hard cash. We are not in China and we will not take that lying down. The WEF knows this.
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