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1561  Economy / Gambling discussion / Re: Crypto Casinos vs money laundering. on: September 15, 2022, 11:58:23 PM
Crypto casinos definitely care about Money Laundering as they are also casinos and are subject to enforce AML & KYC regulations to avoid penalties that can cripple their business. They may not make it too strict so as not to scare away some customers who may be wondering the importance of these details, but they must show a level of compliance to prevent being shut down by the people in charge of ensuring that AML & KYC RULES are enforced.
I doubt if every Casino really cares about money laundering, applying KYC or AML doesn't mean fighting for money laundering. They do this to ensure everyone who comes to the Casinos is the person who fulfills the requirements. For example, someone should be 18+ and not comes from restricted countries. Regarding avoiding money laundering, it surely depends on the Casino itself whether they really have a program to fight this or it is just a side impact on KYC/AML procedure. CMIIW


I don't know how they will be able to fight against the money laundering. If gambling companies start focusing on KYC/AML procedure surely it is gonna lose a big number of its users. So, they never take these into consideration until the money laundering is affecting their business.
1562  Economy / Trading Discussion / Re: buying low and selling high on: September 15, 2022, 11:42:51 PM

I guess one factor is that they're seeing another prediction on social media that bitcoin could go as low as $3k again or $10k or $15k. And that's why they're joining the waiting game again.
It's true that there are many of them that have promised to themselves that they're going to buy when they see it low but never do it. Well, it's their money after all and they're the ones that might lose the opportunity if no action done.
People wait until the end. Even when the price have fallen beyond the prediction looking for a much lower price. Finally unexpected market bounce happens and feels regret of missing the chance. This is how bitcoin investment from the layman is happening for a long. This is all because of the mind that wants more.
1563  Bitcoin / Bitcoin Discussion / Re: Luxury resort, Palazzo Versace Dubai now accepts BTC on: September 15, 2022, 11:40:12 PM
These luxury businesses adding cryptocurrency acceptance is a kind of marketing. The company will look to generate some good volume of bitcoin through the acceptance. In the past we've seen many such examples. One major acceptance and soon they ended the service happened with Expedia. Maybe here such scenario won't take place, because Expedia took the decision when the market was very young.
1564  Bitcoin / Bitcoin Discussion / Re: The impact of bitcoin on world population, what happens when the population rate on: September 15, 2022, 11:35:57 PM
every increase in a population will have an impact on economic inequality in every line of life and perhaps the appropriate question is how the positive and negative impact of population on the development of bitcoin and life to come...?
Because the most vulnerable, until now the problem for bitcoin is not the transaction problem, but the mining problem - which is not environmentally friendly - which is the benchmark for a transaction to be successful and verified. with the increase in bitcoin users resulting in the number of transactions thus the miners will require higher energy spent on Bitcoin transactions
It is true, bitcoin mining is much into discussion mentioning it against the green energy. Slowly things will change when the large scale miners move towards renewable energy for the mining needs. In reality the emission out of bitcoin mining is far low compared to the emission and energy consumption from paper industry which is at the top.
1565  Bitcoin / Bitcoin Discussion / Re: El Salvador has become the first country to make #Bitcoin legal tender! 🇸🇻 on: September 13, 2022, 12:26:19 AM
The country is going a planned track, because it missed something at the beginning with the expectancy of market to be bullish. Now the country is correcting itself which is good for the future.

I agree with the first part of your post n0ne - however, these last two sentences are really weirdly phrased.  You seem to be presuming that El Salvador made some kind of a mistake in the beginning by failing to properly educate the population about bitcoin prior to launching bitcoin, and therefore, El Salvador is ONLY making up for their having had made a mistakes and blunders in their bitcoin introduction in the beginning.

I didn't mean that El Salvador made a mistake by not educating the people before the adoption of bitcoin. I was to say there were discussions and critics that El Salvador didn't educate the people about adoption and this to be the reason for its failure. Now for people with such a mind, El Salvador have made this awesome way of education through bitcoin textbook.
1566  Economy / Speculation / Re: Stressful crypto market on: September 12, 2022, 11:52:52 PM
Previously, many people could not buy BTC for the reason that it was expensive and the amount was small. Is this already on the verge of Dropping Deadline???
If you observe well, you will comprehend that some people don't want to purchase bitcoins when the price is on the decrease state, but when the price increase they will be interested to purchase, it's few people who do embrace purchasing bitcoin when the price is low, because all the new crypto investors do think that since the price is on the state of decreasing when they purchase it will go more down than their expectation.
This is common with all the investors. For now the market is good for investment, because there is bullish move. Taking an entry could get short term profit. People always have a fixed price to make a buying, but when it is being reached the mind wavers and decides to buy even at a lower price. Finally they never buy it and ends up with regrets.
1567  Economy / Economics / Re: Queen Elizabeth II's death may pose financial constraints for King Charles III on: September 12, 2022, 11:18:35 PM
Came across the amount required for the change of the throne. It is huge and the succession by Charles is marked to make a big change over each and everything, because for a long term of 70 years we everything is with Queen Elizabeth II. The change will happen slowly, and it is said that the currency will also have the change. In such a bad time it'll be a big suffering. However it looks like a to be done things.
1568  Bitcoin / Bitcoin Discussion / Re: El Salvador has become the first country to make #Bitcoin legal tender! 🇸🇻 on: September 12, 2022, 10:54:36 PM
El Salvador Launches BTCitcoin Textbook. (̶◉͛‿◉̶)

El Salvador is slowly bringing Bitcoin into every corner of their country. Following their plan to build Bitcoin city, they recently announced the release of a Bitcoin textbook.
El Salvador has continued to introduce Bitcoin into education, which is a hugely important step forward.
Bitcoin education for students is essential for them to understand Bitcoin technology as well as the benefits that Bitcoin brings them in the future.



https://twitter.com/stacyherbert/status/1568649600294350849
There is big saying that the Bitcoin adoption within the country have failed. The major reason being the lack of awareness and education about bitcoin. This is a needed move from the government to create a textbook on bitcoin. People who are not into bitcoin too might get into bitcoin usage once after going through the textbook. The country is going a planned track, because it missed something at the beginning with the expectancy of market to be bullish. Now the country is correcting itself which is good for the future.
1569  Economy / Gambling / Re: The History Of Gambling. on: September 12, 2022, 10:50:36 PM

That is known to everyone that gambling addicts need more money to gamble and there they have two options. Some of them lend and borrow money in order to gamble while more criminal minded people do anything illegal to get the money for gambling. In both cases, we never know if those gamblers were able to recover their money and made a profit out of it. Steps like these will make them lose more and eventually they will have no option left but to suicide.
Addiction is quite danger, but it is possible to stay within the limits. Around the World most of the suicides were taking place out of money problem and this is not just about gambling money. Gambling in some cases have helped them recover financial struggle and in some cases it have made them go deep into financial problems. Until we don't have our control gambling is not the choice of entertainment for anyone.
1570  Economy / Gambling discussion / Re: T20 and T20I cricket prediction and discussion on: September 12, 2022, 10:16:27 PM


Sri Lanka's target was too big? I cannot call the target of 171 runs a big target. Because against an experienced and strong bowling lineup like India, Pakistan was able to win despite batting at a target of 182 runs. Pakistan could have won the target of 171 runs if their batsmen had performed well.

Babar Azam has been out of form since the start of this tournament. So a good performance was not expected from him against Sri Lanka. But I expected better performance from Fakhar Zaman and Mohammad Nawaz. If these two players could have played well then Pakistan could have become champions.
I agree - some people are just commenting
171 run was not a big target - but Pakistan do not have strong batting line like always and they not lucky yesterday that is why they lost the cup
The target is reachable, because in 120 balls 171 runs required. There is early wicket fall and further there is a good partnership, but the runrate isn't maintained. This increased the pressure at the end overs. Particularly from the 12th over onwards Pakistan tried to take chances and nothing gave hands.
1571  Economy / Gambling discussion / Re: FIFA 2022 world cup on: September 12, 2022, 10:11:25 PM
FIFA has heavy sponsors so the careless about their fans all the consider is how much the recover from hosting such world event. FIFA knew about how strict the Islamic laws are held around Qatar. I hope this doesn't turn out a boring world cup with less out of pitch activities outside football there should be other things to spice up the whole world cup tournament
There is no doubt many other activities and celebration ways are available for fans to do in Qatar because I know celebrating in manners are never been ban in Islam and Qatari Authorities surely allow fans and teams for doing things which are in their rules. FIFA is also having some pressure from heavy sponsors because they spend millions of USD's every year for the publicity of their products, and they also need some good things for HI lightening their products around the world.

Recently we have few YouTube videos where Qatari Authorities are hiring big celebrities from Western countries for Hi Lightening their ways of life and local rules because they are also looking for good number of fans from around the world in this event which is going to be good for their tourism in the future.

These are obviously some publicity stunts that are going to be done by the Qatar authorities. Almost every country does that in my opinion. But I would be really happy if Qatar does not look at it only as a money-making opportunity. I would be happy if Qatar thinks about this as a money-making opportunity and also an opportunity to get recognized in the world because of football. I don't have any high expectations from them in the world cup but I believe that they can do well and learn a lot of things from this world cup. Which is going to be really good for them in the long run if they are actually serious about it.
Being the host team they'll be good with their performance. As said it is their learning time and Qatar isn't into money making out of FIFA 2022. If its focus is on money making, right now it could've taken away the entire restrictions within the country. But, with lots of difficulty and plans the selling of alcohol is being allowed.
1572  Economy / Gambling discussion / Re: Test Cricket Prediction and Discussion Thread [self - mod] on: September 12, 2022, 10:07:22 PM
85℅ people predicted the match between South Africa and England to be a draw
 But in an instant he changed his mind England's bowler England bowler bowled very well England's baller was great their pace of the ball was confusing South Africa time and time again South Africa's batting was not very clear so they have to accept defeat
South Africa should've performed better in the second innings. In the first innings both teams had the similar performance. The match could've got closer if it have set a target of 250+ runs. England had a clear plan on their second innings, thats why they were able to make the comeback in a very strong manner.
1573  Economy / Gambling discussion / Re: Tennis League All Thread on: September 11, 2022, 11:58:35 PM

Now he is leading the third set (one break) so let's see if he is able to achieve this tournament.
There are many "prize" not only monetary to be won this time ... and the Spaniard could become the historical youngest player N1 of ATP !
The match looks like the real final, because both are giving the best and the third set have reached the tie breaker which lets to find who leads the game. Finally it is Alcaraz Garfia to win the set 67-61. As expected the young player will make record winning the match.
the match ended in that tiebreaker, Ruud made 3 consecutive enforced errors at the beginning and it obviously destroyed his confidence to comeback and try, but props to Alcaraz as well, he's still just 19 but he performs well under pressure.
Finally the match ended with Alcaraz winning the US Open 2022. Hope his success continues in the upcoming events. After losing the second set he made a good fight to win the third set. As said, the errors from Ruud gave hands and let him have a pressure free fourth set. The scores at the end Ruud 4-6 6-2 61-77 3-6 Alcaraz Garfia.
1574  Economy / Gambling discussion / Re: T20 and T20I cricket prediction and discussion on: September 11, 2022, 11:44:40 PM
Before the start of the tournament, if you suggested that Srilanka will be the winner of the tournament, everyone would have laughed at us, but they showed some amazing performances in the tournament and came out of the winner among the giant teams like India and Pakistan.
Everyone thought that India and Pakistan will be the finalist of this Asia cup. Sri Lanka wasn't a favourite team in this round. Anyway, many people said that toss is the key for winning the match in Dubai. Sri Lanka has proven them wrong today. Everything depends on the performance of a team. Sri Lanka has given their best today and won the match. Pakistan has dropped some catches today, where Sri Lankan players have showed better quality in fielding. They got confidence after winning against Bangladesh in the group stage match, then they used this confidence as a strength and won the trophy.

There is no doubt that Pakistan had a 100% chance of winning this match based on my prediction. As a matter of fact, I never thought Sri Lanka had a chance to win this final. However, Sri Lanka played a really good game. Moreover, I do not think that Pakistan deserved to win this match because of the way they played in this match. It appears that Pakistan lost its way towards the end of both innings, in my opinion. A lot of runs were given away towards the end of the first innings, and they were unable to control the run rate in the second innings either, as they also gave away a lot of runs towards the end of the second innings. I would like to congratulate Sri Lanka on their achievement.
As said there is expectation over India vs Pakistan to meet in the finals, because in the history of Asia Cup this hasn't happened in the finals. Unexpectedly India went out, and Pakistan had a strong chance to win the Cup, but they failed in it. This is something very disappointing performance from Pakistan, because in the previous match they lost in a bad manner and atleast they should've taken this match more seriously. Two straight losses to Sri Lanka is really bad for Pakistan considering the upcoming T20 World Cup.
1575  Economy / Trading Discussion / Re: Do not panic. Everything will get better on: September 11, 2022, 11:21:54 PM
With cryptocurrency investment patience is much needed. It looks like the market is on the bear move, all of the sudden it makes a recovery. The market is uncertain and highly volatile. To experience the best out of such market situation needs patience and should not get into panic looking upon the charts. Whenever the market is bullish try to keep yourself away from watching the market unless you're into trading practice.
1576  Economy / Gambling discussion / Re: FIFA 2022 world cup on: September 11, 2022, 11:18:35 PM

This year's World Cup in Qatar will be spectacular. The country's authority is doing a lot of duty so that they can finish the World Cup successfully. Qatar can make some rules to manage everything properly which I think is normal. It is our moral responsibility to follow their rules. Hope those who will watch the game live will be very careful about their rules and regulations.
To give the best experience to the audience, the Qatar government have along with the FIFA organization have made big changes in their policies. Hope this gets followed properly so that after the World Cup gets over the country can stick back to their policies that are being changed for the FIFA. From some viewers point it isn't good, but as a World Cup host they're in a situation to do it.
1577  Economy / Gambling discussion / Re: ODI cricket and general cricketing discussion [self - mod] on: September 11, 2022, 06:05:21 AM

New Zealand won the toss and decided to field. The pitch condition looks like today's pitch is also a bowling-friendly pitch. The decision to take the fielding seems to have been the right one. But in the previous match, New Zealand lost all wickets for just 82 runs. If the batsmen bat like that stupid, New Zealand will be defeated today too.

New Zealand's bowlers started the innings well. At the end of 7 overs Australia collected only 16 runs, Australia lost two wickets of Inglis and Finch. But if Australia manage to score 200 runs today I think they will win

Australia has already won the series. I am expecting Newzealand to come back in this match and not allow Australia to end this series as a whitewash against them. Highly disappointed by NZ's performance in this series just before the T20WC. After this match the next time these two teams will play against each other would be on 22nd of Oct 2022.
New Zealand won the toss and decided to bowl. The start looked good with two early wickets. Further Smith and Labuschagne have withstood the situation and started to develop partnership. The runrate is low, but they're on the stable scoring. At the end of 24 overs Australia have scored 73/2 which is good considering the early wickets of 16/2
1578  Economy / Economics / Re: Flood causing economics crises on: September 10, 2022, 11:59:12 PM
The climatic conditions around the globe keeps changing. The reason behind the climate change can be connected to different things. This change in climate is being experienced causing heavy drought in some parts of Europe a rain on the opposite region. Pakistan have got affected heavily. More countries are on the list, but it is limited to specific region and that keeps them hidden from the world.

For now most of the South Asian countries are suffering. The pandemic suffering slowly got decreased and by the time floods have begun to affect the life of people. This is surely down the economic situation of the citizens which combine to affect the nations economy.
1579  Economy / Speculation / Re: Will the price of bitcoin rise again? on: September 10, 2022, 11:46:45 PM
Think of the ongoing market situation of bitcoin. There were more bullish sentiments around the market. I'm also thinking of bitcoin dropping down to $17k, to that what has happened is different. This is how the bitcoin market moves. Believe it, the growth happens for sure. Maybe at times the growth gets delayed. Now the price have reached close to $22k, though this isn't the transition from bear to bull market.
1580  Economy / Economics / Re: Why Bitcoin will always remain the best choice on: September 10, 2022, 11:43:41 PM
There will be different reasons with different users. For me it is the one that got into the market and served as the base for the rest of the altcoins available for usage. Maybe more advancement have taken place with other altcoins, but to stay strong against all other cryptocurrencies and the fiat system is not a simple thing. For this reason my choice falls with bitcoin as the best of all time.
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