Are you a gambler that become an investor or an investor that turned into a gambler?
Neither.Tthat dichotomy you raise is almost self-contradictory. If you had posed it as trader/gambler it would make more sense or in the case of investor, what it can lead to is betting on EV+ games like poker or sports betting. In my case I got interested in Bitcoin after playing poker. I had previously been interested in the stock market as well and there is an extreme resemblance between a winning poker player's chart and a stock market chart. As for bitcoin, the resemblance in the graphs would be with respect to poker varieties with high variance, such as tournaments, sit&go turbo or spins.
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Lol. I have been saying it for a long time. I am preparing for a future where 99% of transactions are KYC. This is going to happen at the same time as CBDC implementations. Does anyone think many people are going to protest this? I don't. This forum is not representative of society. Those of us who prefer a world with Bitcoin transactions with a good degree of privacy are few. Most people are going to applaud CBDCs and pay with them from their cell phone, while their friend/partner/whatever records them doing it to upload the video to TikTok/Instagram/whatever with the caption "My first CBDC payment WOW!". And obviously it will get a lot of likes.
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I knew it from long ago but today realized that ignore option doesn't serve its purpose. If we put someone on our ignore list, his/her post isn't visible. But when someone else quote the ignored user, it gets visible which I guess doesn't make any sense. Why don't we have the option to ignore someone permanently in such a way that we don't see their post without removing them from our ignore list?
It happens in other forums as well. Even if you ignore a person, you are still going to find some things they write as in the case you mention or if you are not logged in. But you can also ignore with your eyes what he says, which is what I do most of the time in those cases. Can't you do that? Block either if you are curious and hit show/hide. I think things are fine the way they are. In my case I've been ignoring 4 or 5 of those who have been on the forum for a long time and post regularly and I've very rarely read a snippet of what they say since I ignored them.
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It's not that hard if you have a good income, but as mentioned above, it depends a lot on where you live.
Normally when people start to be interested in finances, they focus on saving, it is a first step that we have all gone through, but over time you realize that it is better to increase your income, because with a good income you can consume more and you have enough to save and invest. The fact is that a habit of saving and investing to the extent of your possibilities makes you live peacefully and is therefore highly recommended.
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The OP is not misguided. I know there is a lot of Bitcoin maximalist on this forum, but it is better to have a minimum of savings before accumulating Bitcoin, I would say a minimum of 3 months of easily accessible cash expenses, and from there, accumulate. Not only in rural areas, but people in general. Don't get me wrong — bitcoin is GREAT, but it doesn't provide income; it just somewhat gives your savings a boost.
Well, that is actually relative, in bull markets you can make partial sales and it provides you with income to be declared in your income tax return. Making an analogy, I prefer a stock that does not give dividends and gives a 10% annual return, being able to sell 5% each year than a stock that gives me 3% dividends and does not grow.
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Well, I will differ from the answers I have seen so far. This is a credit garbage that stimulates you to spend more, to be a credit addict that makes companies rich instead of making you rich. Unless you are one of the tiny minority that is able to use credit to get rich, the best thing you can do is stay away from all that junk. Pay with cash, don't buy things you can't afford, pre-save, invest and reinvest the profits.
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I believe that most of the scam accusations against casinos are just frustrated gamblers who made a big loss and are looking for a way to vent. And what better way than besmirch the reputation of the online gambling casino which took all their money? Its a bit silly but understandably quite a human reaction. That being said, sometimes there are scam casinos that get what they deserve when somebody exposes their scam. But that happens much more rarely than disgruntled gamblers letting off steam. So you should take any scam accusation, especially those without proof, with a grain of salt.
I completely agree, we should not always blame the casino, because in the accusation threads, we often see how it is the user who had done something wrong and instead of accepting that he has been caught, he writes a false accusation in the forum. Therefore I do not agree with the premise, with the title of the thread, which asks why all casinos have bad habits, when it is not so, there are only a few and in general if all were so bad this section would not have so much traffic nor would it be so important for Bitcointalk.org.
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Anyway, I am skeptical by nature, as I am in the habit of not believing what I read in the forums at the first time. What is clear to me is that this thread is going to be full of congratulations and probably some merits.
OP, do you have any other way to prove that you are teaching Bitcoin at the university apart from those pictures? The tags on your trust page saying you probably bought the account make me more doubtful.
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This is not exclusive to this forum, what happens is that signature campaigns exacerbate it. But I see it every day in other forums, even things that here are against the rules like one liners or off topic replies.
When you go beyond page 5 in other forums, either people say what they think without arguing, or those who argue get involved in an argument that no one pays attention to, often going off topic.
Call me conspiranoid if you want but I would say that this thread has more to do with trying to get the minimum weekly merit requirement to not receive half the payout (relaxed requirement on the original) than with a real concern about the issue.
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Bankhaus von der Heydt is not the oldest bank, not in the world, not even in Germany. it's just a shell of the bank it once was, in name only right now. Too mamny clickbait titles lately.
...
It's a "bank" with 20 employees and one location, the previous and real bank with this name was once acquired by Commerzbank and it what is left now is just the name bought by somebody else in 2005, with less than 20 million in assets under supervision it's more like one of those FinTech start-ups than a bank.
Lol. Less than 20 million in assets is nothing. I would say it is more like a collective piggy bank. I see in this forum quite a few cases like this that can be summarized in that many forumers have a clinical bias and magnify news related to Bitcoin, which analyzed in detail come to nothing.
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This Casino is knowingly breaching AML Regulations by not performing Customer Due Diligence checks. The limit for checks to be performed on wagering match that of the KYC limit which is around $2500. Neither are being performed with over 10 customers and god knows how many more. An investigation will be opening soon with the Caribbean Financial Action Task Force. If the Curaçao Gaming Control Board get a whiff of this then bye bye Licence and sister Casinos.
Lol. Really? I understand that this happens in practically all licensed casinos in the Caribbean. They put some AML/KYC conditions in their ToS that they very rarely comply with because they know it would screw up their business. At least that's what I've heard, although I have no way of checking if it's true, other than asking people who gamble and pass the supposed limits.
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I don't think it will be that easy,
Me neither. This is a short term result that gives a boost to the markets. The U.S. stock market also rises as a consequence, but just as it rises any macroeconomic data next week can push it down, both the stock market and Bitcoin. I would like to see news exclusive to the Bitcoin that are positive to promote a healthy push from the strong foundations that we have now without so much leverage or so much garbage, but so far there are not, and without them I do not expect significant or sustained price increases in the medium term.
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When I saw the thread title, I was hoping to find out that some physical casino in the world accepts Bitcoin, but I see from the responses that it does not. I heard about Las Vegas, but I see that what they have are ATMs for you to change to cash. In that case it is logical, I understand, for for legal prudence and accounting simplicity.
But what about casinos in El Salvador? It is legal to tender there, so they must accept bitcoin. Does anyone know anything?
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For small day-to-day expenses. There are places where you can pay with Bitcoin, or you can exchange Bitcoin for cash in Bitcoin ATMs and certain stores. So, to make these operations you are not going to carry a laptop and your HW all the time. Carrying 0.01 BTC on your mobile is not crazy. I have been carrying small amounts for a long time and nothing has ever happened to me.
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Now, I have not lost any money to FTX, but I'm sure a lot of people reading this have, so justice is finally going to be served.
This is not my case either. Just because SBF hasn't been locked up yet doesn't mean law enforcement isn't building a case against him, which I've no doubt they're doing.
Yesterday I heard in an interview that Enron took three years to prosecute, so I have no doubt that although it may take some time to investigate, he will be judged. As for him not reading books, I'm somewhere in the middle. Maybe books aren't that necessary anymore, in the same way that it's a crock to learn maps. A lot of rote learning, with the cell phone we all have at hand, is pointless. Technology gives us leverage, and it is better to take advantage of the time by making a symbiosis with technology to be much more productive than to stay anchored in technologies of the past. This with exceptions obviously, if you want to do a doctoral thesis, you are going to have to read books, but even today sources that 30 years ago would have been unthinkable coming from the internet are admitted in academic articles and theses.
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Your implication that I defend CM for financial reasons is more than ridiculous - especially since I might be the only one who hasn't spent a single satoshi since I joined that campaign.
I don't see the logic of your argument. Whether you don't spend the money, spend it on food or spend it on hookers and cocaine doesn't change the fact that Chip Mixer brings you a good income. when mixing sites get banned here for promoting money laundering
Will that happen before or after the ban on promoting illegal gambling? Feel free to wait until someone quotes this post so that you can double quote. Good point. As if there were no questionable issues about crypto casinos. I don't know what OgNasty's obsession about CM is. Did he appy for the sig campaign and got rejected? As for the OP, I saw the thread in question, commented on it, and then realized that it had been moved. It makes more sense for it to be in Service Discussion, and there is no censorship on the subject, so I think this thread should be locked.
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Just take Mt. Gox as an example. It might have resulted in a declining Bitcoin price but the overall Crypto market came out stronger because people learned an important lessen: not your keys, not your coins.
Read what you have written, come on. People are supposed to have learned that lesson? And sometimes people even need to learn twice as FTX has shown. Or three or four times. With so many people paying for everything with their cell phones and advocating for the disappearance of cash, don't think many people care about having your private keys. This forum is not representative in this regard. With 22,000 cryptos today, what matters to most people is to make a killing, not to contribute to create an alternative P2P economic system. What I see as good about this thread is that it is difficult for next year to be worse than this one. Not impossible but I see it difficult, so I hope we will get better.
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In martingale, a gambler increases the bet size to double in the hope to recover the loss from the previous bet. I have tried it a few times & to be honest with you, I have never had a good return on my bets; I have lost most of the time. On the other hand, the Anti martingale strategy is- to double the bet size when you are winning & halving the bet size when you are losing. In such a condition, when you are winning; you are doubling the size & you will lose from your winning. WEell, this strategy is more risky I guess though some have told it as less risky than martingale. Have you ever tried ti? What's your opinion? Which one is more risky; Martingale or Anti Martingale?
Not exactly, but what we do in poker, and I understand that it is the same in sports betting, is that we go up levels when we reach a certain bankroll amount, and when we lose due to a bad streak and the bankroll drops below x, we go down a level. It is essentially similar, what happens is that in casino games that are EV-, you are going to lose money in the long term, unlike in poker where you can earn money in the long term making EV+ moves, so in casino games what will happen is that the money you have in your account will last longer, but do not expect to get profitability from it.
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I wouldn't buy bonus. This reminds me of buying extended warranty in a store.
These things are usually scams.
Buying bonus gives you additional % chance of winning but it costs you a certain amount of money and taht amount is usually higher than the lowest bet so you have better chances of winning by playing 50 games with higher odds than 10 games with the bonus. I can't give you exact numbers but check it for yourself.
I don't usually pay attention either. Only on rare occasions. Normally bonuses are like supermarket offers that give you a discount but with conditions: buy before such and such a day, buy spending more than a certain amount, etc. If the bonuses have wagering requirements, an expiration date, etc. what they are aiming at is to make you bet more, and I don't even pay attention to the free ones: just for playing, they sometimes give me a bonus of x money if I generate x rake before the end of the month, and I don't pay attention because betting more can end up leading me to play EV-.
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I guess having one thread would be great to reduce spam; though the board is full of spam.
I don't think so. The only thing it would do is to have the spam concentrated in one thread instead of several. I hope you reported them for duplicate threads if they bother you so much.
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