I have yet to meet an 80 year old who wants to live another 24 years in pain and demented misery. Life extension < Life quality

I think the games that have the most impact on gambling addiction are those with instant payouts and bright flashing colors and loud sounds. Games like slots, in other words. They were designed to psychologically keep you glued to the screen and to keep going and going. Those are the ones which utilize psychological tricks to distract your brain and make it believe you are receiving rewards when you are in fact, losing money.

Obviously the whole "we want to make this site safe for families" is just an excuse and a lie. I think they were just afraid of getting into legal trouble and had to cover their tracks. Something obviously happened or some regulations changed for them to become so spooked.

And to be honest, that is completely understandable. If I was the CEO of some streaming site, I would cut out anything which would make me legally liable.

Gambling streams have a lot of bad actors like scammers, underage children and bad financial advisers.

But there are other streaming sites that do not ban gambling, so it is really anybodies guess as to what is happening. It may have been an arbitrary decision by the owners and nothing more.

Of course we can reduce the energy consumption of Proof-Of-Work. The most unfortunate problem that POW mining has, is that the mining equipment is based on electrical components that have relatively high electrical resistance.

The good news is that we discover new technologies and new science everyday. Superconductor technologies are being heavily researched right now and that means we might see efficient, very low energy miners soon. Unfortunately that scientific progress takes time, as it is a gradual but rather slow process.

If you were to look at old computers for example, you would see that not even a few years ago, the electricity they required was absurdly high, compared to modern computers.

Modern desktop computers use less than half the wattage of a computer from the year 2000. And I cannot even imagine the costs of mining on an old computer with outdated technology.

I would definitely argue that Bitcoin is rather a get-rich-slow scheme. And it only works if you hodl.

It really takes a long time but from historical chart data we can see that if you hodled Bitcoin at any time within the last few years, you would be considerably, relatively richer than you were before. Fiat is the poor mans money, and it is designed to make him even poorer in time. Why anyone would rather not buy Bitcoin and forget about fiat, is a mystery to me.

Every single centralized platform, doesn't matter if gambling or cryptocurrency exchanges, is going to eventually screw you over by withholding your money from you. In the case of sportsbooks, they tend to be overly paranoid and if they see something suspicious they simply freeze your funds and your account until they figure out that you are not actually suspicious. This process can take days, weeks and sometimes months. I doubt you scared them by saying you will go public with this, but rather they just took that long to take care of it.

Well, if they both gamble AND are able to retain a good standard of living and a good mental state then I would be very surprised. Usually that does not work out, and I have yet to meet the person who can gamble without endangering his/her financial status. Although there may exist such people, who knows? In such a (rare) case I think there would be no issue. Why look for problems where there are none? If their gambling starts showing symptoms of problems (financial troubles, child neglect, health issues etc...) then that is a different situation...

There is some good news and bad news. But then again the good news depends on your countries laws. I can only talk from a perspective of my countries laws.

The bad news is that Italy is one of the countries which is prohibited on the Terms and Services of Rollbit. Therefore your friend was not allowed to use their services in the first place and I doubt there is anything he can do to undo this.

The good news is that he might be able get a refund for all his deposits, because he was not allowed to used their services in the first place and therefore they are not allowed to keep his money. They have to give all deposits back. Again, this is from a non-lawyer perspective of my own countries laws.

As for you, you might get into trouble if you are an italian user on Rollbit.

Selling something you do not need and putting the money into a wise investment. That is exactly the kind of thing that I like to see. Good job. Now the most important part is to hodl. Do not sell on a loss, even if there is a moment in which panic is justified. Trust in Bitcoin and you will find that trust to be rewarded in the future.

In fact, if I were you, I would forget about the Bitcoin for a few years at minimum and find something else to distract myself with, otherwise you will end up looking at the price chart thousand times a day until you eventually panic-sell.

Perhaps I should have clarified one thing:

If the address you sent your coins from was from an crypto exchange then it could be dangerous to send coins back to it. The reason being that some cryptocurrency exchanges have a different methodology of separating addresses. So your exchange address could be different from your deposit address and sending coins back could mean they become lost forever.

I am not sure which crypto exchanges do this but better safe than sorry.

Make sure to check thrice before sending anything to any address!

You can always tell that something big is about to happen when corporation standards start changing quickly...


Huh? How do you mean?

Here is a thought: A lot of, if not most casinos allow players to test out games without gambling real money. Those games are exactly the same (I would think) as the real games in which you bet with actual money. So technically, could you not figure out the odds and the mechanisms on your own, based off of testing those games? I think you could.

Also many of those games are based off of templates which already are known. Some of them even open source. That is another way you could delve deeper into it.

Or perhaps you could contact the game providers themselves and ask for information on their games. I think there is a lot you can do to understand slots.

Perhaps he means that people who buy cryptocurrency (like Bitcoin, for example) are more likely to indulge in risky adventures like gambling? Or perhaps he means that the gambling business world is heavily invested in Bitcoin as a better payment system? Perhaps the logic fits, but that is a really just abstract thinking, without having provided any data to support his claim as being accurate.

I think that there is no such thing as a "steady income". People are just deluding themselves that they have a stable source of money because they have a job. But the truth is that they can be fired for almost any random reason at any time.

Personally, I would rather concentrate on different passive income sources. The more you have the better. Ironically, having such an income source is infinitely more secure than hoping that you get to keep your wage job in the near/far future.

I heard of an app which supposedly was made to identify Israeli products but that was quickly shut down by the typical social justice keyboard warriors. But in all honesty, those disgusting companies in OP's list only care about money. They are not truly supportive of either side just like they are not actually supportive of gay rights when they paint their logo with rainbow colors during the "pride month". It is nothing but pandering to the highest/most popular bidder and I think that nobody should be as naive as to believe otherwise. The CEOs of these products are demons who would sell their own mother for a penny. They see this war as an opportunity to market their products. Thats it. Nothing more.

And the people who are supposedly "boycotting" the "bad" products are playing into their game.

I would have to agree with you. Just because someone says that they did something does not actually mean that they did it.

And this warning goes double for gambling streamers and other gambling influencers. It should be understood that everything they do is for the sake of gaining followers and money. And if faking it is necessary, they will do exactly that!

Social Media is dangerous for those who are gullible. There is no repercussions for lying influencers just as there is no laws against the casinos that pay influencers money in order to market their casino.

Bitcoin needs challenges and obstacles to overcome. You could say that NFTs are currently driving the improvement of Bitcoin.

So its a calculator? I have that already.

Seems like it would be the same amount of work as inputting the data into an excel sheet. Instead of manual input, perhaps you could just input wallet addresses and let the calculation take it from there? then the only work you would need to do is input the wallet address instead, and it calculates from what you have in your wallet. That saves time and work and would be a vast improvement over the current calculator.

Theymos is the clear winner here but only if the DCA makes sense. For example: if the starting funds (100%) are 10000 usd then obviously it will take Theymos 100 weeks to fully complete his DCA. That is way too long and by then, Bitcoin will probably have significantly risen in price. And while he made a profit from past DCAs, they won't amount to much.

A daily DCA in such a situation would make more sense.

The world has gotten too greedy and far too shameless.

I would not have given anything. In fact after such a disgrace, I would have learned my lesson quickly not to give anyone anything that they did not earn. And in this case, nobody except the gambling winner is the only one who deserves anything.

But perhaps this is a cultural thing? That would make more sense and I could understand that. I know that in some African countries for example, sharing your newfound wealth among the community is considered natural and anyone who does not share is viewed very negatively...

Is there more context to this story, OP? Give us a link to the story?