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1861  Local / Polski / Re: Jakie macie doswiadczenia z kartami? opłaty itp? PLN-y ? on: January 18, 2023, 10:43:19 PM
... czy Binance samo z siebie, automatycznie raportuje do naszego urzędu skarbowego wszystkie "zdarzenia podatkowe" czy dopiero jak ich zapytają o delikwenta?...

Nie wiem, ale zgadywałbym że gdyby zgłaszali "z automatu" to wtedy pewnie produkowaliby też roczne raporty o uzyskanym przychodzie (informację podatkową), coś w stylu PIT-8C jak to robią giełdy maklerskie. Jeśli takowych nie produkują, to raczej nie zgłaszają.

Ale zawsze można zapytać u źródła, z tego co wiem to mają nawet polską obsługę klienta.

W razie wątpliwości, jak radzi Janusz, chyba lepiej se odpuścić.
1862  Economy / Gambling discussion / Re: Advice on choosing a crypto casino on: January 18, 2023, 10:14:49 PM
This Overview of Bitcoin Casinos could be a good start. It might not be super up-to-date, but still pretty helpful.

Accepted payment type and/or cryptocurrencies depend on each casino individually. When choosing the right one for you, just pay attention to their history, how long have they been operating, see if there are/were any serious scam accusations against them, go to their official threads and get a sense of what are their users' opinions. And then compare house edge, odds rates, verification requirements and check if they offer payment systems that are right for you.
1863  Economy / Gambling discussion / Re: How real is the winnings? on: January 18, 2023, 09:59:36 PM

Not sure what kind of games you mean in particular, but, as cliche as it is, if something is too good to be true - it's probably not true.
Any games/apps that promise you high rewards for no effort are lying or outright scams. The only viable and sustainable model for apps to be able to offer regular payments is to share some of their revenue with users. And as most of their revenue would be generated from ads (assuming non-gambling apps), the best you could get is a tiny fraction of what they get paid from advertisers to show you ads, so almost never worth the effort.
1864  Economy / Gambling / Re: Gambler Loses 1.4 million USD in a bet with lower than 1.01 odds! on: January 18, 2023, 09:48:35 PM
https://nypost.com/2023/01/15/gambler-loses-massive-1-4-million-bet-on-chargers-jaguars-game/
Quote
One bettor wasted a massive $1.4 million wager after betting on Los Angeles before the Jaguars mounted an epic comeback to beat the Chargers 31-30, according to Action Network’s Darren Rovell.

It seems that a gambler has loss this massive amount (1.4 million USD) playing a bet with an odds lower than 1.01! (exactly 1.008)

I think there are several lessons here:
- there is not easy bet! even lower odds there is always a risk.
- it's really risky playing an huge amount. This not helps gambler because the risk is much much higher then rewards!
- gambling is not easy at all! it's really hard achieve a profit even for easy games!

what your opinion about this gambling issue? did you had experience similar experience? how a good gambler should avoid such mistakes?

I'm guessing it wasn't his first "high stake at high probability" bet and that it paid off on previous occasions to the point of creating the impression of an almost guaranteed win or "free money". I know, I've been there once and learned my lesson. I didn't go broke but lost more than I was willing to and put me in a bad mood for a few days.

High odds - low payout bets are the worst type. The chance of winning in the area of 99% is so good that even a person with high-risk aversion might be tempted to take it. But then you have to bet much more than usual to get any meaningful payout. And then you win a few times and can't believe how easy it was, so you keep doing it until you get badly burnt.

That's why you need to be able to properly assess the risk-to-reward ratio and put emotions aside.

1865  Bitcoin / Bitcoin Discussion / Re: A day for representation of Bitcoin on: January 17, 2023, 07:27:51 PM
I believe her outfit was meant to symbolise the evolution of El Salvador's currency or something along those lines.

That's a nice and unexpected touch. It's probably the last place I would expect to see any bitcoin references. That being said, I have a mixed feelings about N. Bukele using his position and the taxpayers money to prop up Bitcoin. I'd much rather see it growing from a grass-roots initiatives.

I wonder if that was her choice and does she even understands what Bitcoin is and how it works.
1866  Economy / Gambling discussion / Re: Betting strategy question on: January 17, 2023, 06:40:51 PM
~
~ But that definition and my risk tolerance would change for things like say investment opportunities with lower risk and positive expected returns. In such case I'd be potentially willing to risk any amount that won't cause a massive disruption to my life.

And what amount would you risk having only 17% chance to win?

I mean, since it's only one try, you will most likely lose it, right? I personally would risk "any amount that won't cause a massive disruption to my life", like you said, only if the multiplier was something like around 1,000x. Yes, I would try my luck then, even with an amount painful to lose, but for just potential 12x win, I wouldn't stake much.

The part highlighted by you refers to relatively safe investment opportunities. For the 17% single dye roll - I honestly don't know, that's essentially why I started this topic. I feel like I'd probably go with ~25% of the amount defined as "amount I can afford to lose" for the purpose of gambling as defined in the post you've quoted, aka 25% of my monthly "fun and entertainment" budget. There's not much math involved in determining that stake size, it just *feels* right, it won't hurt much if I (likely) lose but still gives a sense of taking a proper advantage of the positive EV bet.

The most "logic" approach would be to go with 9.5% calculated by using the Kelly criterion, but it's just seems a bit low.

/snip/
/snip/

You two are just posting for the sake of posting, aren't you lol
1867  Bitcoin / Bitcoin Discussion / Re: Poll: What percent of your portfolio is stored in Bitcoin/Crypto on: January 17, 2023, 12:18:28 PM
Bitcoin and cryptocurrencies should not be placed in the same category since it would be like asking how much stocks and penny stocks you own. ...

Disagree. Bitcoin not only IS a cryptocurrency, but it's a "poster boy" for the entire market. Therefore, by all means, it should be placed in the same category.
Just like with the stock market, you have a good stocks, and stocks that you shouldn't touch with 10 foot pole.

...
I have said it before that majority of my portfolio is bitcoin which is a high percentage, that sometimes makes me uncomfortable since I feel like I haven't diversified enough into other markets Tongue

Similar here, I don't hold majority of my wealth in BTC, but my exposure is still way higher than that recommended by *experts*. But, in my case, it just happened - as bitcoin appreciated in value, a small percent became significant. I just never bothered to re-balance my portfolio. And I probably won't be doing it now, during what might be the beginning of a new bull run Smiley
1868  Bitcoin / Legal / Re: Influencers, affiliate links and scams on: January 17, 2023, 12:24:12 AM
...
What do you think about these people? Do they have any responsabilities when promoting companies which turned into scam?

If it can be proven that they new the venture they were promoting was a scam - then yes, they should be held responsible and face consequences.
Orherwise, the benefit of a doubt should be given, as we cannot expect anyone providing advertising service to know the intentions of their clients.
But it's a good opportunity to remember that celebrity endorsements are meaningless and aren't adding any credibility.

It happens on other platforms, not on this forum which has its rules to prohibit affiliate links to spam and scam. ...

Scams are actually allowed on this forum. Simply because moderators cannot evaluate each case. Plus, it could create an impression that if some posts/threads are not removed by mods, they are legit and not scams.
1869  Bitcoin / Legal / Re: Argentina to Pressure Citizens on Declaring Their Crypto on: January 16, 2023, 09:55:20 PM
...
My first question: Is crypto legal in Argentina?  Because without legalization, the government have no rights to ask people about their crypto holding.
...

Some of you guys have a distorted view of legality. For something to be "legal" it doesn't have to be declared legal - it's enough that it's not forbidden by law.
Holding bitcoins was never illegal in Argentina, therefore it cannot be "legalized"
legalisation - the action of making something that was previously illegal permissible by law.

...At which value of bitcoin / crypto the tax will be calculated?...

You'd declare it at "Fair Value", i.e. at the market value on at the date the declaration was made.

The problem would be for some of the lesser popular shitcoins with tiny market caps where prices can differ significantly between different exchanges.
1870  Bitcoin / Bitcoin Discussion / Poll: What percent of your portfolio is stored in Bitcoin/Crypto on: January 16, 2023, 05:43:26 PM
Quick Monday poll for the good start of the week.

I've heard a few crypto-friendly financial experts saying that everyone should have at least 10% of their investment portfolio located in crypto. Lets find out how this looks for this forum.

Rules:
  • Bitcoin and all other crypto should be considered but excluding fiat-pegged stablecoins.
  • Retirement funds and value of residential properties should not be included in equation, but any investment properties should.
  • Vote changing allowed

You can lie in the comments, but try to be truthful in the poll, it's anonymous after all Smiley

Feel free to comment whether you're comfortable with the level of your current crypto holdings, or do you plan to increase/decrease it.

1871  Bitcoin / Legal / Re: Argentina to Pressure Citizens on Declaring Their Crypto on: January 16, 2023, 05:13:21 PM
...

The only silver lining here is the tax rate. 1.5% to 2.5% is much much lower than the global standard. Imagine, India has a tax rate of 30% on crypto assets.

That's not a silver lining at all. Those taxes are not the same. India's 30% is a tax on profit, as high as it is, you only pay that if you made a profit, so you can still enjoy the remaining 70%.
Argentina's tax is way worse, because it's a tax on holdings. Imagine buying BTC at say $60k (with the money you've already paid your income tax on), making 70% loss and than your government reaching for the 1%-2.5% (or even 10%) of whatever's left. And what's worse, it's not said whether it's some sort of one-time charge, so presumably it is a regular tax, which you'd be expected to pay every year. That's pretty sick.

If there's any silver lining - it's the fact that it's only payable by a "high earners" (however is that defined). Standard move to prevent people from raising up and revolt. Rich (but not super-wealthy or influential people) have always been considered a fair game for governments. They don't have enough voting power, they're not numerous enough to riot and general population don't like them too much.
1872  Economy / Gambling / Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest on: January 16, 2023, 02:56:48 PM
...
Something like this is so rare these days, right? With around 5.5k tickets I was hoping to win something in the LOTTERY ROUND 398, but no, I was unlucky yet again
...

Yup, hitting 5k doesn't happen very often, I've never made it yet, got quite a few of 500 wins though.
Your expectations were set pretty high, with 5k tickets you only had like ~0.025% chance of winning any prize (if my quick calculation is correct).


Can't say the same about these guys though Smiley
...

There are thousands of participants with low amount of tickets every week, so it's no surprise that one or few of them will happen to win something in every round.
And it's not like they've won any life-changing amounts. You can probably earn more in your signature campaign with few posts.

Ps. Does anyone knows if we get email notifications when winning any prize in the lottery?
1873  Economy / Gambling discussion / Re: recommendation for broker on: January 16, 2023, 02:29:22 PM
...
...
...

I'm not a psychic, but judging by the fact that the OP posted this in Gambling section - it's possible he asks for a betting broker, i.e. a website that lists and compares betting odds from number of different gambling sites etc.
If so, I don't use any of such and won't be much of help.

OP - can you do a little better in explaining what exactly is it that you're asking for?
1874  Other / Archival / Re: ✅ [ANN] [banned mixer] | Bitcoin Mixer | Bitcoin Tumbler ✴️✴️ on: January 16, 2023, 08:25:54 AM
Hey, would you mind explaining how exactly increasing the service fee increases the mixing level?
Is it just a case of: the higher the fee - the more unrelated btc addresses will be used to produce an output? Or is there more to that?
In one of the other mixer threads, a few people (myself included) were a bit confused about how this actually works.
1875  Economy / Services / Re: 🚧[OPEN] [banned mixer] | Bitcoin Mixer | Signature Campaign ~ Up to $100/week on: January 15, 2023, 07:56:27 PM
...
It is allowed from our side  Wink But the question is whether it's worth it for 1 week, it's more for website/blog owners.
Who already have many website visitors and advertise Coinomize in the long run.
...

You never know, there's always a chance some whale will use our ref link, so could be worth it Smiley
It also provides an extra incentive to keep posting after hitting max 25 posts or to wear the signature even after the campaign ends.

But will this campaign go only for 1 week?
1876  Economy / Services / Re: 🚧[OPEN] [banned mixer] | Bitcoin Mixer | Signature Campaign ~ Up to $100/week on: January 15, 2023, 06:05:10 PM
...
All of you guys are officially accepted into Coinomize Signature campaign.
...

Thanks julerz12.

Quick one - are we allowed to put referral links in our signatures?
1877  Economy / Services / Re: [CFNP] Yo!Mix Bitcoin Mixer Signature Campaign| Reward up to $100/w | 2/2 escrow on: January 15, 2023, 05:49:22 PM
@Royse777 - I accepted a spot in another campaign since they offered me a full-paid Legendary position, whereas here I was on a Senior pay-rate.

But thanks again for the opportunity and you can now release my spot.
1878  Economy / Services / Re: 🚧[OPEN] [banned mixer] | Bitcoin Mixer | Signature Campaign ~ Up to $100/week on: January 15, 2023, 02:52:33 PM
BitcoinTalk Username: pawel7777
Bitcoin address: bc1q79vqvnghljgu926g7gtuhnncq560kc24cur43t
Merit earned in the last 120 days: 14 (that was earned only in the last 3 weeks as I was inactive for a while).

I was previously accepted to the YoMix campaign which was meant to be managed by you but that didn't happen, so would be great to be accepted to this one (as I only managed to get the Senior spot in the campaign I'm currently enrolled in).
1879  Economy / Gambling / Re: [DUCKDICE.IO HOLDING MY MONEY] Banned Account with Money on: January 15, 2023, 02:29:10 PM
...
However, if you have contacted their representative named: DuckDice.io, there is no solution and vice versa, maybe we can't help you much, ...

I wouldn't be so pessimistic. Looking at some of the feedback in the trust summary of DuckDice.io it sounds like the community pressure paid off a few times.

OP - you should exhaust all available contact options first, i.e. send PM to DuckDice.io and post in their thread. If no luck, open a Scam Accusation as advised above.
1880  Economy / Gambling discussion / Re: Betting strategy question on: January 15, 2023, 02:16:44 PM
Strategies are just the calculated outcome...

Not really? Are you just playing around with changing definitions?
Strategy - a plan of action designed to achieve a long-term or overall aim.
e.g. Martingale is one of the most popular betting strategies but doesn't have much to do with calculating outcomes.

...
In such situation I'll go with the minimum bet value for the maximum outcome, ...

So if in the set-out scenario there's no defined minimum bet, would you just bet 1 satoshi hoping to earn 11 sats? Why even bother?

...
because few people in the world have that ability to spare money, ...

You're exaggerating a bit. No one in the developed world would go bankrupt or starve if they happened to lose $50 or $100. It could cause some inconvenience but everyone could manage. That's probably also true even for poor countries.

Average people tend to spend beyond their means (i.e. getting expensive cars on finance, buying low-nutrition junk food, paying for subscriptions they don't use etc), but that's a different story.
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