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1181  Economy / Gambling / Re: My urge to go to land base casino in this lock down and how I fight it. on: May 10, 2020, 04:22:41 PM
Here in our country, people do not know online casinos. Most of the people here are not really going to casinos nor do poker and stuff like that but they usually bet on cockfighting. Most of them are not aware of online sites and not following the policies of ECQ as they continue to gamble with their friends and other people from other barangays. They would stop for a week, a maximum of two weeks, and then they will break it again. I could say this since I can't really go with them with my work but they have it harder than me to stop gambling.

Each country has its own specifics in gambling. Somewhere people love and bet on horse racing. Where are common the cock and dog fights and so on. However, globalization is spreading across the planet with the development of the Internet. And if you have access to the Internet, then you can play in online casinos and suffer from gambling addiction.

I think it would be amazing to see those people bet online but I don't think they would reach that point. I think the next generation would be in that situation but the generation right now is still at that traditional betting. I don't think people would immediately understand what I am saying since most of the people here are living in places where they can't really see people without phones. I am living where you don't see tall buildings and just see the mountains surrounding our place. I am just educated earlier to technologies, saying that I don't think that these people would actually be learning online gambling unless the next generation steps in. They are aware of the internet but still submerged to social media and games like Mobile Legends, PUBG and Call of Duty and yes, they are still young but now learning to raise their own rooster and going with their fathers and these people betting on cockfighting. That is how popular this gambling is here in our province and here in our country.

It's amazing that everything in your area is so different from the average situation in the world. I love visiting countries with their own specifics and I have always disliked globalism. We are all so unique, but gradually lose their features with the spread of technological progress. I looked at YouTube recordings of cockfights and I thought it was very cruel. What do they do with the birds that lose?
1182  Economy / Gambling discussion / Re: Enhanced restriction in gambling casinos is it possible on: May 10, 2020, 03:51:45 PM
There are boxing events that are being held, there are talks that some sporting events are going to push through with enhanced restrictions, is it possible with gambling casinos, of course, you can play a slot machine on your own, they just need spacing on every slot machine, on roulette games they can install glasses to avoid every bettor coming near to each, other so are on the other games .

Do you think it's possible for gambling casinos to open now with enhanced restriction and customized set up, what do you think ?

I don't see the point in doing so much work if most people will still be afraid of going to the casino. A casino is not a store or a hospital where people are forced to go during a quarantine period. Therefore, I am sure that no matter what measures stationary casinos take, very few people will visit them. What for? There is an online casino.
1183  Economy / Gambling discussion / Re: Gambling is like day trading ? on: May 10, 2020, 02:51:06 PM
I also believe that day trading is much more demanding on skills than playing many gambling games. I wrote about this earlier. However, reading the topic we can see that a large number of people put an equal sign between day trading and gambling. I think that this is primarily a matter of luck. A lot depends on luck in both trading and gambling. That's the reason.

I agree with you. Day trading will need to have skills, but gambling also needs to have skills for some gambling games. We might agree that if we trade doesn't use analysis, that will be the same as playing gambling base on luck because we only count on the luck itself to make money or profit. Many traders still use this way to make money, and they predicted that the price would be on what they want, so they place the order and wait for a while. But if their order is not filled, they will not make a profit, but they still have the initial money, and that is different from gambling.

Technical analysis works well in the stock and currency markets. In the crypto market, I have seen enough cases when technical analysis made serious mistakes. I may have applied it incorrectly and these were my mistakes. However, it is true that gradually the more you trade you learn to do it better and better. And for a long period of time, a skilled trader will trade with profit.
When playing dice, you can't influence the result in any way with your ability, you only need luck.
1184  Economy / Gambling / Re: My urge to go to land base casino in this lock down and how I fight it. on: May 10, 2020, 02:03:06 PM
Only offline casinos have closed. In addition, such casinos were not in every city. Now the popularity of online casinos has grown significantly. Many people are quarantined at home. They have nothing to do. That's why they spend their time gambling, watching movies, and so on.
Therefore, it is very difficult for people in this situation to overcome their addiction.

I'm just patiently waiting for the findings of statistics on gambling addict when this lockdown period is over. The numbers will just be out of this world considering we'll be having fresh new addict in addition to addicts that thought they have won the battle against gambling until the lockdown made them vulnerable again.

The method I rely on to tackle the urge to gamble isn't that different from that of the OP with addiction to few other precautions measure to tackle online casinos. The issue right now isn't about the physical casinos as the lockdown can help prevent our patronizing them but it don't have any effect on online casinos instead it encourage it the more.

I am also waiting with great interest for statistics on the number of audiences for various online services (casinos, cinemas, music stores, and so on) during the quarantine period. I am sure that their audience has grown several times.

This time will be the most indicative for those people who were able to overcome their addiction and did not succumb to the temptation to gamble.

Another factor that can stop people from playing is a limited amount of money. Many people have lost their jobs or seriously reduced their income. This will prevent them from incurring additional gambling expenses.
1185  Economy / Gambling discussion / Re: Gambling is like day trading ? on: May 10, 2020, 12:15:02 PM
~~
So, do you think gambling is the same as day trading because both are easy to do and have goals to earn money? Playing gambling like dice or roulette is indeed so easy, but I doubt if day trading is as easy as the games. It needs skills, not only about monitoring up and down the rates/prices. However, easy or not sometimes will be quite subjective. Some people may think day trading is easy but others not.

I also believe that day trading is much more demanding on skills than playing many gambling games. I wrote about this earlier. However, reading the topic we can see that a large number of people put an equal sign between day trading and gambling. I think that this is primarily a matter of luck. A lot depends on luck in both trading and gambling. That's the reason.
1186  Economy / Gambling / Re: My urge to go to land base casino in this lock down and how I fight it. on: May 10, 2020, 11:33:06 AM
Here in our country, people do not know online casinos. Most of the people here are not really going to casinos nor do poker and stuff like that but they usually bet on cockfighting. Most of them are not aware of online sites and not following the policies of ECQ as they continue to gamble with their friends and other people from other barangays. They would stop for a week, a maximum of two weeks, and then they will break it again. I could say this since I can't really go with them with my work but they have it harder than me to stop gambling.

Each country has its own specifics in gambling. Somewhere people love and bet on horse racing. Where are common the cock and dog fights and so on. However, globalization is spreading across the planet with the development of the Internet. And if you have access to the Internet, then you can play in online casinos and suffer from gambling addiction.
1187  Local / Oбcyждeниe Bitcoin / Re: Энергоэффективность Биткоина on: May 10, 2020, 11:25:49 AM
Часто Биткоин критикуют за присущую ему неэффективность. Однако для того, чтобы сохранить свою децентрализованную природу и, как следствие, свое сопротивление цензуре, Биткоин должен быть именно неэффективным, чтобы помешать злоумышленнику или группе злоумышленников легко получить контроль над блокчейном и доминировать в сети.

~

Примеры других технологий, которые возникли после биткойна,  показывают, что можно одновременно и эффективно мешать  и быть энергетически эффективным. Думаю, когда Сатоши создавал биткойн он и  не подозревал о будущих масштабах майнинга, поэтому и выбрал PoW, тем более, что эта схема была уже готовой, достаточно было открыть нужные журналы и почитать. Над альтернативными и неэнергозатратными  схемами надо было работать.

Так создание Биткоина с его технологией и послужило плацдармом для развития криптовалют, и это отлично что разработчики новых монет ищут более эффективные решения. Однако ни одна из новых монет пока не взыскала такой же популярности и доверия как сейчас есть у Биткоина. Поэтому тут дело прежде всего в надежности, а уже потом в энергоэффективности.
1188  Economy / Gambling discussion / Re: Do you keep track of your gambling? how? on: May 09, 2020, 11:11:36 PM
Tracking expenses is rather an optional thing because some wont really matter that much or consider such tallying because they are willing to lose up the money that they had allocated for gambling and doesnt look back on how much they have lost on that particular day or into further days to come.There are some games which do need some tracking to see if you are profiting or not but on general case
it isnt really a mandatory thing for you to do so because once you do see the list that you are losing much this will just push you to play even more because you would aim for recovery.

Tracking expenses and revenue is the key to successful financial planning. This is best done for the entire household. this way you and your family will be able to manage your money correctly and become richer.

Gambling is an expense in most cases. And expenses especially need to be carefully monitored.
1189  Economy / Gambling discussion / Re: Do you keep track of your gambling? how? on: May 09, 2020, 10:40:31 PM
~
Some avid gamblers may specifically refuse to track how much money they lose. For example, not to worry about losing a huge amount of money in a short period of time. Or so that the wife doesn't see such records.

That would be a bad practice, I'd say. Keeping the track of your wins and losses in gambling can help you improve your money management overall, which can be very useful in your other activities. Gambling can be a good platform for learning the very basics of economy. Only don't gamble with high amounts, lest your education become too expensive. Wink

There are a lot of smart people who understand the need to keep track of expenses and income in gambling. However, there are always people who do not understand this. They live quietly and do not worry about anything. From time to time, they lose a couple of hundred bucks in poker or roulette.

Sometimes I envy such insouciance.
1190  Economy / Gambling discussion / Re: Gambling is like day trading ? on: May 09, 2020, 10:22:53 PM

The strategy in gambling dice is to only set the numbers where if the numbers are right then the victory will occur but still manage the numbers should be often because that is the most important strategy in my opinion.

But in trading, it takes a mature strategy and strong analysis so that we can choose potential and profitable coins for us, so of course it's very different between trading and gambling strategies, but gambling is more likely to be lucky.

In trading, I know what you need to set and study in order to make a profit with a high probability.
But I don't know how to make calculations and what to do to win at dice with a high probability. Please share your secret.
1191  Economy / Gambling discussion / Re: Gambling is like day trading ? on: May 09, 2020, 08:32:15 AM
Dice or roulette also do need luck when you are gambling. Of course, hoping that the casino is also important. You can use strategies on winning casino games while in trading is you also need strategy and skills where in gambling skills is not that important. Everyone have their own opinions and point of view maybe that is why op think that gambling is like day trading.

Can you share your strategy for winning the dice with us? I've heard that some casinos support multiple bets when playing dice.

Trading can also differ from gambling in that information is important there. You can find out that a certain coin will be placed on a major exchange in a few days. Thanks to this knowledge, you can earn a lot of money. Is this possible in a game of dice?
1192  Economy / Gambling / Re: My urge to go to land base casino in this lock down and how I fight it. on: May 09, 2020, 08:13:52 AM
I think it is really the time to practice ourselves, it is the time to stop our addiction into gambling. Since most of the casinos are closed, people are actually busy doing other things but there are still those that push themselves to gamble. I think it is time to be busy with other things like exercise, having bonded with your family or maybe focussing on your work.

Only offline casinos have closed. In addition, such casinos were not in every city. Now the popularity of online casinos has grown significantly. Many people are quarantined at home. They have nothing to do. That's why they spend their time gambling, watching movies, and so on.
Therefore, it is very difficult for people in this situation to overcome their addiction.
1193  Economy / Gambling discussion / Re: Gambling is like day trading ? on: May 09, 2020, 07:59:29 AM
Why does everyone only mention poker? On this point, I agreed. However, there is a lot of gambling. Tell me what skill should I have to constantly win at dice? Or in slot machines? What do I need to be able to do, especially in these days of virtual gambling?

Of course you don't need any skills with dice or roulette, nor luck. Only hope that casino is fair  Cheesy

I agree that gambling and trading are very demanding on luck. However, skills in trading is more important than in gambling (with the exception of poker and betting).

"More important", "less important" - it's just a dialectic terms. In my previous message i tried to show that in gambling or trading, skills doesn't affect too much if luck it's not on your side. Even the best (from theory and books) analysis will be useless if it din't help you to guess where is market moved. sometimes your analysis is confirmed, sometimes it is not. Even the best traders can't be right all of time. The same as gamblers.

Johnny, I was just expressing my own opinion. I made all the conclusions based on my experience.

Traders can also make mistakes in the analysis, in the chosen trading strategy, they may not be lucky and they will receive losses. However, professional experienced traders in most cases will profit from a long distance.

Personally, I know several fairly experienced and successful traders who make a living trading. But I do not know of any avid gambler who would profit from a long distance. All of them constantly lose their money. I don't count poker here.
1194  Economy / Gambling discussion / Re: Will You Play? on: May 09, 2020, 12:23:24 AM
I don't know if there are already some casinos existing with the folowing features:

-In every losing bet, 1% of it will be donated to their handpicked charity
-For every win, only 95% of the pot will be transfered to your wallet and the remaining 5% will go to your handpicked charity that is also available on the platform.



If something like this exist, will you still play? Do you think it is a bad idea to make the users make a donation in this way?

Doing handpicked charity can never be a bad idea. However, casino don't need to create a separate site with a separate campaign. Already existing online casinos could easily arrange a campaign to help, for example, hospitals. They only need to declare that they will donate some percentage of their profits to charity.
1195  Economy / Gambling / Re: My urge to go to land base casino in this lock down and how I fight it. on: May 08, 2020, 11:54:01 PM
~
Do you guys have the same experience? How did you overcome it? Share your experience so that other gamblers will know how to respond.

Of course there are a lot of crypto based online game, yes I play online as well, but the land base casino is very different at least in my case.

Fortunately, I have never had an addiction to gambling and have no experience of overcoming it. However, I have a good friend who at one time acquired an attraction to slot machines. He managed to overcome his addiction only thanks to his family. They showed him how much they needed him and how much time and money he spent on slot machines. And when he realized this, he was able to overcome his addiction.

All of the above is a good attempt to distract yourself but, unfortunately, it only allows you to overcome your addiction for a while.
1196  Economy / Gambling discussion / Re: Wagering More or Wagering Less on: May 08, 2020, 11:36:29 PM
I will post my history of playing slots since one month and few days now.No matter if you wager more or less the result are the same and are irrelevant of your betting if you play for a short time.If you play longer lengthy sessions in slot machines by wagering more you have the chance to hit the jackpot and in order to keep you entertained probably the slot will give the bonus feature more often than when you wager less.

The longer you play the more money you have to spend. Of course, some of it may come back to you, but over a long distance, the profit-loss ratio will not be in your favor. Naturally, you have a slim chance to hit the jackpot, but it is very small.

Play for fun and then luck will find you.
1197  Economy / Gambling discussion / Re: Do you keep track of your gambling? how? on: May 08, 2020, 11:18:10 PM
In my perspective it's only a fun way to entertain myself and to lose steam from a stressful day especially these days when im really bored due to the lockdown i keep myself busy with various things such as movies, mobile games and gambling. I dont like doing extra work like having records in my spreadsheet, it will only lead to ovethinking and anxiety perhaps gambling sites could add history of bets made by an individual player to keep track.

It may not take long to mark how much you have lost or won in the table. This can be done immediately after the end of the gambling game. This is especially convenient because the game information is still fresh in your memory. This is very convenient for the purpose of then looking at the statistics of their games. Maybe someone doesn't do it for the purpose of not getting upset or because they don't need to. But it is impossible not to do this due to lack of time, since it takes very little time.
1198  Economy / Gambling discussion / Re: Gambling is like day trading ? on: May 08, 2020, 10:27:03 PM
I have always considered gambling only as entertainment. Most likely there are people who are trying to make money on gambling. And perhaps (as someone wrote earlier) there is an opportunity to constantly earn money on poker or on sports betting. However, I personally believe that everything is more based on luck.
In trading, too, luck is needed, but there everything depends much more on the skill to trade.

Can't agree with you. In fact, everything the same in meaning skill + luck. For example, poker needed some strategies when you playing, analyzing of game situation, counting probability and so on. But in final, only your luck will decide exodus of the specific game. But if you're good player, on distance you have a bigger  (not big, not for sure) probability to win. The same with trading, you can be very good trading, but your patterns and tech analyse will fail and you ll lost your money. But the same moment, with good skills and knowledge you have a bigger probability to make money.

But on my mind, most traders also as gamblers - losing. I would count their percent as 95 %.

Why does everyone only mention poker? On this point, I agreed. However, there is a lot of gambling. Tell me what skill should I have to constantly win at dice? Or in slot machines? What do I need to be able to do, especially in these days of virtual gambling?

I agree that gambling and trading are very demanding on luck. However, skills in trading is more important than in gambling (with the exception of poker and betting).
1199  Economy / Collectibles / Re: [FREE RAFFLE] RxAlts Halving Series Continues: 2019 Bitcoin Penny Short Roll on: May 08, 2020, 02:36:05 PM
38 - FontSeli

Thank you!
1200  Economy / Gambling discussion / Re: Do you keep track of your gambling? how? on: May 07, 2020, 11:56:19 PM
I don't see the point of doing it at all why would we keep track of our gambling expenses?
Would it be beneficial to us and how would it help us at all?
The only thing that we would get from doing it is head ache and mostly regrets because of the sum of all the money that we lost so I would never do it.

For people and for me it is as important as we keep a track of our bank accounts and the transactions we monitor it. For people who know value of money or has limited money would like t to manage the money in the best possible way and losing in gambling too much would mean that they are in deep trouble to live their life. This tracking of expenses or money won/lost help them know is it beneficial to either gamble after getting the results or is it worth too loose so much just in gambling. At times this will be an eye opener as well.



Some avid gamblers may specifically refuse to track how much money they lose. For example, not to worry about losing a huge amount of money in a short period of time. Or so that the wife doesn't see such records.
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