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1  Economy / Gambling discussion / Re: 100% FREE 100% guaranteed gambling strategy 100% no-loss ever on: December 26, 2019, 03:14:30 PM
Don't get wrong with me but your post looks like inventing a bicycle.

Some things need repeating over and over. I have estimated that to teach a child to wash their hands after pee-pee takes about 1000 reminders.

So that's human nature, we as a species are increasingly undisciplined because we live such sheltered lives and don't have to be vigilant for our survival anymore. We tend to believe people who are promising winning scripts and similar nonsense just because we want to believe.




2  Alternate cryptocurrencies / Altcoin Discussion / Re: Sell your altcoins and tokens TODAY, save yourself the frustration on: December 26, 2019, 02:53:41 PM
I'd like to ask our friends carrying Yobit signatures to refrain from posting here unless they're actually ready to participate in the discussion and not just pad their post count. All generic topics about "altcoin season" and "not worth selling cheap" and "sell bad ones and keep good ones" etc etc have already been discussed in 20+ pages. Let's not turn this into a spam thread that moderators would have to lock.
3  Economy / Gambling discussion / Re: 100% FREE 100% guaranteed gambling strategy 100% no-loss ever on: December 24, 2019, 01:33:42 PM
he was just advicing and not selling any strategy

Good point. Maybe I should sell it. People usually take it more seriously when they pay for something.  Cheesy

But yes, this is not about addiction. People can get addicted with or without strategy. This is just about a simple fact that a strategy or a script will not improve your chances of winning. I don't know if it improves enjoyment of the game. I've tried a few automated roll options on dice sites that have them built in and I don't like them, but others might like.

In the end you still lose, and scripts make you lose faster. I prefer to enjoy the game slower.
4  Other / Beginners & Help / Re: Google Authenticator is no longer 'connected' to Electrum on: December 24, 2019, 01:24:40 PM
Do you still have some money in the wallet, or is it a brand new empty one?

If it's a new one you need to choose 2FA option when you create the wallet. If you need to access funds from the old wallet you will need the old seed and use it to restore the wallet.

https://electrum.readthedocs.io/en/latest/2fa.html
5  Economy / Gambling discussion / Re: Simulation/Machine Learning Effects on Gambling on: December 23, 2019, 01:42:53 PM
Yes, that is logically and definitely illegal.

Why would it be illegal? If it's based on public information (sports stats for example) you can't control what people do with that information. That would be like saying that being smart and betting on a stronger horse/athlete/team is illegal. It's up to bookmakers to set the odds in a way that people can't abuse. Maybe bookmakers should use AI too.
6  Alternate cryptocurrencies / Altcoin Discussion / Re: Sell your altcoins and tokens TODAY, save yourself the frustration on: December 23, 2019, 01:38:07 PM
I think this call came a little bit late this should've been said somewhere second quarter of the year not now. I will hold against all odds if it turns to nothing at the end I won't blame me self.

I started this thread in October. Most altcoins lost some value since then. So it wasn't too late to sell then and it's probably still not too late.

As much as I could have loved to go with this advice, it doesn't apply to all cases. It would have been better to lose all than getting back just $1000 from and investment that got up to $1,000,000 from you. Losing all will be preferable.

In what way is $0 better than $1000?
7  Economy / Services / Re: Why did Escrow need for OTC deals? on: December 23, 2019, 01:35:01 PM
Why are you creating multiple threads about your service? Please merge.

https://bitcointalk.org/index.php?topic=5211771.0

8  Economy / Investor-based games / Re: PROFESSIONAL FUND MANAGER AND TRADER OFFERS SKILLS TO DOUBLE YOUR on: December 23, 2019, 01:29:27 PM
Not very professional to be yelling at your potential customers.

Also doubler scams don't belong on this board.
9  Alternate cryptocurrencies / Altcoin Discussion / Re: Sell your altcoins and tokens TODAY, save yourself the frustration on: December 20, 2019, 07:44:50 PM
Why are talking about the frustration? People know why they invested into altcoins, or not?
Yes, we found the reason: they really do not understand altcoins, they skipped the phase of learning and now they do not know why they still hold altcoins.
You invested because you bet on the future use. Nothing else.  Cool

It's a losing bet.

If one had sold altcoins when I started this thread they would be richer now. And if they want to buy them back they could do it at a lower cost and still take advantage of the future use.
10  Economy / Gambling discussion / Re: How Truly Random is Random on: December 20, 2019, 03:23:36 PM
And it is randomness that gives gamblers hopes to win. Casinos stay profitable not because of randomness but rather in spite of it. When you bet long enough, randomness gets removed from the equation entirely. And what remains, as you might have already guessed, is called house edge. Randomness can override the house edge but not for long, so technically it is against the casino. The latter just uses it to lure gamblers into believing that they can win, and they can in fact if they are lucky to conquer the odds and wise to keep their wins

Randomness is what protects a casino against a smart player. Something that is not random, i.e. predictable with even the slightest chance of sustainable success, will be eventually exploited (think blackjack card counters).

There is no way to override the house edge. It's built into the game mechanics (number of roulette pockets, the 49.5% win chance on a 50:50 dice roll, etc).
11  Alternate cryptocurrencies / Altcoin Discussion / Re: Sell your altcoins and tokens TODAY, save yourself the frustration on: December 20, 2019, 03:01:13 PM
I still believe that Ethereum prices will rise again. although not anytime soon. so I was never afraid so I had to sell altcoin that I have now. so my advice, please study and observe every growth in altcoin that you have so you don't have to be afraid of losing your money. because not all altcoins have the same fate.

It may rise again. It may not. It's a gamble.

Ethereum has a solid team but they also have huge technical issues like scalability. If something better comes along and solves those issues then Ethereum may not recover even if they do everything right. There are too many unpredictable variables to call it anything else than a bet or a gamble.

Since the start of this thread ETH declined by ~25% against USD and ~16% against BTC.
12  Economy / Gambling / Re: 🏆 Crypto Dice Site of the Year 2019 on: December 19, 2019, 01:32:24 PM
It's just a lazy effort by the OP to advertise their site. As others noted, they list some scams and don't list some known reputable sites. The site says "bitz.gg" when you open it. Looks like they rebranded to a different domain but didn't bother to change the references. Don't give them any traffic, not worth it.
13  Economy / Gambling discussion / Re: How Truly Random is Random on: December 19, 2019, 12:34:57 PM
If you keep playing until you don't have any money then yes, it needs to stop playing when you have been more on a lucky streak than what can be expected, and there will still be certain chances to have 3 time a 1 in 6 rolls which will make you on a luck streak, and there are still probability that certain sequences will keep you above, but the chances of the same number happening again decrease exponentially after each time, but there will be always more 1 every 6 rolls at some point than others, and on the average it's the house edge.

My point is that you're not guaranteed to have a lucky streak. And if you do - then what? Do you stop playing for the rest of your life or do you still play later hoping for another lucky streak? The probabilities are against the player regardless of any strategies. That's how gambling works and randomness is a powerful tool for casinos to stay profitable while keeping the game reasonably fair (meaning a fairly consistent chance of losing) for the players.

If you consider that playing 1000 times will always cost you money with the house edge then why do you even play ? Smiley

Gambling is entertainment and a win is a bonus.
14  Other / Beginners & Help / Re: Merit - simple poll on operational fundamentals on: December 19, 2019, 12:22:15 PM
Maybe instead of +Merit button it could be +sMerit?

No, that would be even more confusing, like "what's a smerit? smelly merit?"

It shows "+" not "-" so I'm not sure where people would be getting the idea that it decreases anything. But it would be nice to have links to explanations of forum features next to those features. For example nice little question mark icon next to "+Merit" links to the the merit ANN thread in Meta. Similar icon next to the trust scores links to the explanation of trust system. It's bewildering how unfriendly this forum is to anyone who doesn't live in Meta.
15  Economy / Gambling discussion / Re: A BOLD player is considered a dangerous player at casinos and sportbooks. on: December 18, 2019, 02:05:05 PM
Let's go over real quickly why. In small data-sets, there is more statistical variance. More opportunity to go against the theoretic odds. In classic blackjack, playing Basic Strategy, the odds are about 99.4%. The more hands you play, the closer you are going to get to 99.4%. This player defies the odds of small sample sizes.

That's not how probabilities work. The chance to win or lose any individual game is the same regardless of sample size.

Casino's sample size is large enough anyways so even accepting your premise they still don't have anything to worry about.
16  Economy / Gambling discussion / Re: 100% FREE 100% guaranteed gambling strategy 100% no-loss ever on: December 18, 2019, 01:56:31 PM
You must be kidding,  losing in a game is normal, you are too afraid of everything, you need to take a risk and enjoy every single time you are about to bet. You cannot tell this to people who are enjoying gambling.

That's literally the opposite of what I said. Play for enjoyment and embrace the losses because that's the only thing (in the long run) that you're gonna get out of it. Don't play if you're expecting to win because that's not what gambling does.

This means that you will never felt the excitement of gambling if the advice is not to gamble (will not lose anything). if you don't want to lose anything other than don't gamble, that is, don't invest, don't trade, then your money will be safe because you don't need to do anything. The definition of gambling according to my point of view is the goal to have fun, if you don't accept it because you lose with your own money, it means you are not ready to gamble, right before you decide to bet, you must be ready to lose/win, don't just hope to win.

The advice is to not gamble if you're expecting to win. Win is a wrong expectation when it comes to gambling.

Investment and trading is not the same as gambling. While there are some elements of luck, with the the right skills and risk management techniques you can actually make money in those activities and their primary purpose is not entertainment.

17  Economy / Gambling discussion / Re: How Truly Random is Random on: December 17, 2019, 01:55:03 PM
The more monney you can bet, the higher are the chances to win.

If you play 1000 times 1 on the dice, you are still going to win a certain number of times, there are statistically good chances that you will be above at some point, all is too see how much can reasonably expect to gain with the 1000 rolls and stopping when it get close to that.

How much money do you have and how much are you betting on each roll? Let's say you have $1000 and bet $1 at a time, to make sure that you can last at least 1000 rolls. Statistically you will have lost $10 by the end of this game, assuming a typical 1% house edge - that's what you can reasonably expect.

Your chances to be "up" at any point during this game are not higher than the chances of winning any single bet, in fact they're getting lower because of the house edge slowly decreasing your bankroll.

If you bet more than $1 you'll be losing even more and increase your chances to go bankrupt before you reach 1000 rolls.
18  Economy / Gambling discussion / Re: 100% FREE 100% guaranteed gambling strategy 100% no-loss ever on: December 17, 2019, 01:25:39 AM
In addition to gambling "for luck", there are those in which certain knowledge is required. And first of all these include sports betting and poker. There are those who and in such games I play blind, like roulette. But most play them based on their knowledge.

Even in skill-based gambling such as poker or sports betting it's not as simple as having some skills and making money. It's a competitive job where you have to be better than many (or most) of other people trying to do the same. Not like for example being a truck driver or a plumber, where you just need reasonable skills and willingness to work hard.

It's somewhat like the situation in those sports that gamblers are betting on. For every successful professional basketball player there are thousands of kids whose parents spent a lot of money but it didn't result in a professional career. They maybe got other benefits out of it (health/exercise/enjoyment) but if their goal was to make money then they failed. For every successful sports gambler there are many others who have to lose in order for the few to make money, and for the bookmakers to make money.

If someone takes up poker or sports betting expecting to make money they're almost as likely to be very disappointed as if they were playing dice. They do have a slightly higher chance in skill-based gambling, but they have to be extremely good at it to make use of that small opportunity.
19  Other / Beginners & Help / Re: Full Member rank above apply for a Member rank slot on: December 16, 2019, 03:18:25 PM
I just saw an open member slot on this bounty paid in BTC : https://bitcointalk.org/index.php?topic=2519710.0. As I am a member rank, I tried to apply there. But I was surprised that not only Full Member and Senior Member, Hero and Legendary members also applied for that Member slot. Guys, do you think something like this normal?

I saw that too. It's weird. I think those members if accepted should have "sold my signature for cheap" as their avatar text Cheesy

But it's business as any other. If the manager thinks they're getting a good deal they'll take it, why not. Not all high-rank members who apply for a pay cut like that are great posters so I think a good Member poster still has a chance there.
20  Economy / Gambling discussion / Re: 2 Dice Strategies that Might be Proven Helpful on: December 16, 2019, 01:53:28 PM
Actually gambling is a great way to make money since imagine how big you could possible get if you win especially the jackpot and actually the one make the gambler losers is their emotions since if they didn't put the word stop on their minds for sure they will lose on continuously betting. Disciple is the key for gamblers and I saw that on some successful gamblers who became famous on this field since they are so strategic when their game is on.

And also it's also good to listen on the strategies since you can learn with it and compare if yours and the one came out is effective or not and by this you will be knowledgeable on the process.

Have you thought what would happen if everyone used gambling as a great way to make money and also had effective winning strategies?
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