Bitcoin Forum
May 03, 2024, 10:08:04 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 [71] 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 ... 338 »
1401  Economy / Gambling discussion / Re: Can i make 100 $ daily from online casinos on: June 27, 2023, 11:11:12 AM
If you have a capital of 1 million dollars and then bet $ 100 per roll of the dice, maybe you can get a daily profit of $ 100 and use the martingale strategy, but with the risk of losing everything, but with the condition that when you win $ 100 in the first round you have to stop.

I think that's what makes it hard to stop playing when you win $ 100, it turns out that there is a feeling of dissatisfaction, then playing again, trying again, who knows, you win another $ 100, you lose, then try again, keep rolling the dice, losing in a row, and the $ 1 million dollar capital is gone because chasing that loss, this is not just talking about getting a profit of $ 100 per day but how to overcome greed in yourself then control the game to know when to stop when you have reached your daily profit target. in fact it is difficult  Grin
You would eventually lose it, that's a high mathematical possibility, but if you had $1 Million, why would you need to gamble and spend your time for gambling for pesky $100/day in the first place, when you could do probably way more by putting it to real estate or stock market and not lose it all in one bad day of gambling.

Gambling for fun and excitement is a very different world then these fantasies that are based in gambler's fallacy. If you want steady income, why would someone consider gambling is a good or safe way for it?
1402  Economy / Economics / Re: Has everyone become too pesimistic about the economy? on: June 27, 2023, 10:42:10 AM
I never been become pessimistic about the economy since  I never depend on the government for my living.
-cut-
I don't think you are grasping how much you are depending on government and how much it affects your living even if you are not living with welfare.

Depending where you live governments are the reason why you have for example working transportation, water, energy, education, healthcare, cultural, defence, security and safety and communication infrastructures in place. And i am sure i forgot many others.

Government is a complex system and many of us don't seem to appreciate what they get from it until it's taken away.
1403  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Is Cardano still a good investment? on: June 27, 2023, 10:29:09 AM
Well even with Cardano issues with SEC calling it a security, there is still other countries who do not agree with this. Crypto Capital Venture founder Dan Gambardello still thinks we can see big profits from ADA cause of country of Indonesia.
He says the country is perfect to become Asia's crypto capital. Indones an government has added ADA as a commodity not a security so next 'bull run' could be big for hodlers of the coin.
https://www.cryptoglobe.com/latest/2023/06/cardano-ada-now-recognized-as-commodity-by-4th-most-populous-country-says-prominent-crypto-analyst/
Countries in plural but just one country like Indonesia?

I mean it's good news for trading it but support of one lower middle income country doesn't really cut it, nor i see it affecting the bullrun, as the altcoin bullrun could happen either way. Charts are already showing some support for it. Fundamentals are scary but ada isn't delisted from anywhere yet and court cases could take years with cexes like binance. They are not going to be able just going to shut it down. All exchanges trading ADA and other altcoins defined as securities are still following a lot of regulations and one issue isn't enough for shutting them down.
1404  Economy / Gambling discussion / Re: Lotteries and possibility vs. probability on: June 26, 2023, 11:57:55 PM
But do you know that if the lottery is not rigged and is transparent, sometimes a person with only one or two tickets can end up winning while the whales who bought a lot of tickets remain empty handed.

The reason for this is only luck. With more tickets you only increase your probability of winning a lottery but there is no condition that if you hold more tickets you will win more. Some people only buy more tickets thinking the one with more tickets will definitely win, but this not the case.
They are pretty transparent about their audits and big ones are more then heavily regulated. Shady ones obviously can be anything but i think the idea about rigged lotteries comes from the fact that it's so rare to win the jackpot that no one knows or even sees anyone winning it. And it's hard to believe something you can't see in your own eyes.

Just go any of the sites and they will be open about their audits and transparency. If they are not they are crazy not to do that. You can also check organizations keeping gambling in check and laws of the area lottery you are playing is on.
1405  Economy / Gambling / Re: Top 50 gambling Instagram & TikTok accounts on: June 26, 2023, 11:50:05 PM
There is obviously a very big difference between a celebrity and an influencer, not every casino or gambling platform can afford to become partners with celebrities whether they are from sports industry or film industry or music industry, because a partnership with one of these celebrities would cost the casino way higher than having multiple influencers promote their services but the impact of all of them combined won't be enough to compete with one of the celebrity's.

Even among influencers, those who have a lot of followers and people watch them very often and they have a lot of views and interactions on their videos and live streams tend to charge more money for promotions than those influencers who are relatively new and has less followers or even if they have many followers but they don't get enough views and interactions.
I don't see so much difference with them. Some influencers are small celebrities or big celebrities and some high ranked celebrities do influence with everything they do no matter if they wanted to influence or not. Just what they are wearing is a statement of trend to some people.

I see people calling themselves influencers just as low status celebrities, but i do underestimate them often. As internet celebrities/influencers aren't working on traditional media, they often get overlooked even though they could have more followers then traditional hollywood or sports celebrities.
1406  Economy / Economics / Re: Has everyone become too pesimistic about the economy? on: June 26, 2023, 11:40:44 PM
-cut-
- The economy is not going to crash into a recession
-cut-
Recession is part of the business cycle. Economic crises will happen from time to time because it just can't be "up only" economy isn't sustainable.
And there is plenty of fud in the world that's never going to actualize, and it never runs out. Only you can decide how are you reacting to it. You can keep worrying but does that really help you? I don't see myself as too pessimistic even though i am often most pessimistic man in the room. I see myself as realistic who still enjoys life even though i can see the fragility of it.
1407  Economy / Gambling discussion / Re: The fight between Mark Zuckerberg and Elon Musk. Who you betting on? on: June 26, 2023, 11:28:13 PM
Such a fight is senseless, there are people who love these kind of things happening around. Those two are at a better position and they've got more other ways to prove one is better over the other. Even this kind of fights can risk life, because the body is combined of different sensitive parts which could not function in no time. We people should avoid encouraging these kind of acts with the popular ones as well as within us.
Why? And why are you worried about popular ones?

I totally would be for this if would be for charity. People have been doing crazier things, and it's not like either of them would manage to really hurt each other. And let's face it, people would pay top dollar to to see either one's asses kicked. If it happens it's most likely in good spirit and referee would be overly cautious.

But changes are that Elon's mum doesn't allow him to fight anyway. But it seems that you can already bet in polymarket if this fight is announced before July 1 or not.
1408  Economy / Speculation / Re: Is hodling top 10 Marketcap coins a good tactic? on: June 26, 2023, 10:17:04 AM

Good tactic if you want to invest safely and comfortable,
because big marketcap is hard to dump without bad news and of course you can't expect up to 2x pump in the short term either,
but if you want to have more profit then you have to be brave enough to invest in low cap projects .
Safety and comfortable are highly relative terms. It tells a lot about cryptocurrencies that those terms would never apply to any crypto for someone coming from traditional markets.
And i don't think that their ex trad market peers are considering them "brave", going in high cap cryptos, but reckless. Or at least it used to be so.

Maybe cryptos are now more socially acceptable, but they are still gererally considered as dangerous investment. Which makes me think what they would call someone investing into microcaps or nfts.
1409  Economy / Speculation / Re: BTC 100K FOR 2024 ! on: June 25, 2023, 11:19:05 PM
I also think 60K is more realistic. But come on, that was already in 2021 as Dr.BitcoinStrange says.
This year should be more if everything is correct.
But would it stop there or keep on growing next year? Because double top M formation with peaks on 60k would look really bad technically speaking, like end of crypto type bad.
I don't think 100k is impossible but i rather not see that happening this year. Slow growth would suit better for me. Also i am afraid what kind of mayhem it would mean for alts and total marketcap. Everything would probably moon like there's no tomorrow. But i feel like alts need a new trend to boom, like metaverse, nfts, AI and such. But in a more meaningful level, not just a hype word.
1410  Economy / Speculation / Re: Everything is on FIRE today! on: June 25, 2023, 03:53:03 PM
Right. FOMO only lasts a few days if the momentum doesn't continue.

During Feb/March 2020, many whales bought a significant amount of BTC around $20k. A pump to allow them to liquidate makes sense. Giving retail FOMO so that they buy at these prices, and hurt them later, also makes sense.

However, sometimes what we expect does not happen. It's possible that this is the start of the bull run and now we all miss out because of disbelief.
I think it could be disbelief as well. But what it's worth i am not in a financial position to enter markets now, so gladly i don't have to make the decision to enter. Otherwise i think i would be fomoing in now but i am not that sure that i would take a loan for it. Times are just too hard right now to risk anything. I am guessing this is the place in the time and chart where whales are being made. And i am totally missing out because of fear.

I need more stability to my income before i start to enter again.
1411  Economy / Speculation / Re: BTC price hitting 30k twice this year. on: June 25, 2023, 03:15:01 PM
Bitcoin price is on it again after a few drop in price at around 25-26k, but hitting the price value of 30k again as it did sometime April this year. What I describe as a gleams of the prospective light at the end of the tunnel of the year 2023.

What are your thoughts on this spontaneous rise again in the price of BTC hitting 30k twice just within the first quarter of 2023. Do you you think it's going to plummet again or do better above 40k? Or is just one of a tempting rise to fall again even below the 25k-26k it did for the past weeks after hitting 30-31k around the month of April?
Please share your thoughts about this.
Ambivalent feelings. When we have been given bad news for 2 years escalating to charges against Coinbase and CZ, it's more than hard to trust again on any kind pump. FUD is still there, people are now just ignoring it. And i find it weird that people seem to still buy everything even though threat to altcoins and binance seems real and bad.

But i guess i shouldn't try to find reason from the markets. Only reason it needs is that when it pumps it pumps more just because of confidence.
1412  Economy / Gambling discussion / Re: Lotteries and possibility vs. probability on: June 25, 2023, 03:00:58 PM
Btw, have you seen this lottery simulator?

https://www.cuandomevaatocar.com/

You can run simulations with various types of lotteries and set it to high speed. So, for example, you can choose the Euromillions, which you buy twice a week, you hit it and it will give you the results in seconds, which would take weeks to happen. As you can see, what happens is that when someone wins something, which is normally a refund or a small prize in the first stages, they have already spent more on the lottery than what they win.

Regarding the Christmas lottery, there is, apart from tradition, one more factor, that it is very typical in workplaces, associations and other groups to buy one and the same number for everybody or shares. Many people, even if they don't like the lottery, end up buying the Christmas lottery at work because they don't want to be the only one in the office who looks like an asshole if the lottery comes up and they are the only one who hasn't bought the number. That's FOMO applied to this.
This should be mandatory check for people who have a lottery addiction. I tried this with powerball and it's a rude awakening when you realize that no matter how many lifetimes you play you most likely have negative saldo.

This also made me put some perspective to the fact that EVERYONE playing rest of their lives will most likely face the same result. Oddly that gives me the slight sense of how big numbers we are talking about. And even when i understand that i won't be winning any lotteries in my lifetime, it's still fun to picture what i would do with the lottery money Tongue And that makes me want to buy the ticket.
1413  Economy / Gambling discussion / Re: do you lose on slots? on: June 25, 2023, 02:45:03 PM
-cut-
2. if a slot machine does not hit in 7-10 spins, consider trying a different machine. this can help you avoid getting stuck on a losing streak and losing more money.
3. if you have been playing a slot machine for 50 spins and have not gotten any free spins or big wins, consider switching to a different machine.
All good points, but i am seeing a flaw in these advices. How does changing the slot machine change your luck. This seems like magical thinking and justifying your gambler's fallacy where you need to play more in order to make back your money.

I understand if the reason would be not having fun on that slot machine, but changing a machine for avoiding a losing streak seems like a stretch to me. Sometimes you just aren't lucky and changing a machine doesn't have an effect to your luck. I would just take a break and have a walk and do something fun, until gambling starts being fun again.

Also:

4. avoid playing slots from Pragmatic and Gamomat as they tend to have low payout percentages and are not as likely to result in big wins.
What would you recommend? I have been playing games from pragmatic play with 98% RTP and won my biggest wins on them. I wouldn't chase those insanely big multipliers anyway as they are once in a lifetime changes.
1414  Economy / Gambling discussion / Re: The fight between Mark Zuckerberg and Elon Musk. Who you betting on? on: June 25, 2023, 02:32:54 PM
they both have an open mindset on ideas for invention of new things.

What is Zuck's best invention though? Facebook was just another form of myspace. Social media is a powerful tool and Zuck owns it but it is not as revolutionary as Elon's products. Elon is sending rockets to the space, making electric cars, electric roofs etc... Zuck is a nobody when compared with Elon. Zuck had great luck with FB and he even managed to mess it up. His last idea Metaverse is a big fail too.

Elon is solving real world problems.

Zuck on the other hand only offers a solution that looks for a problem.
Hold on, Elon hasn't invented anything, yet he is claiming that he did. He is just buying things and reclaiming them as his own. Scientists in his companies are the one launching the rockets and inventing things. It's pretty clear for anyone who has seen this guy giving a speech that he doesn't have a clue what he is talking about.

I thought that he was inventing something too but have you noticed the pattern that he doesn't like to speak details in interviews. That's because he doesn't understand them. He doesn't even speak like a person tho would be dumbing down his answers, they are just confusing and vague.

While musk has scientists working for him, Zuck can actually loves coding as he loves brasilian jujitsu, and IT companies build around good coders is a solid idea (take spotify for example). And before you say he is the richest guy alive, i don't think i need to explain that there is no proven correlation between wealth and intelligence. But we can only speculate about their IQ, and i had to speculate only from their interviews Mark beats Elon. Both of them are scumbags but i would bet Mark, taking Elon down in 1st round.

1415  Economy / Gambling / Re: 😺 RollCat.io 🚀 Provably Fair 🔒 Crazy Multipliers 🎰 Free Hourly Coins 💰 on: June 25, 2023, 02:03:37 PM
Maybe i am missing a point, but why would anyone want to bet 1x bets? How is the gambler benefiting from that?

Simplified fauced without unnecessary hard CAPTHA is a nice touch. I like other simplfied design as well. It took me a while to find the hashes as i thought you would advertise it being provably fair and they would be easier to find, but after finding them, placing them under small bet icons seems to be sensible for minimalistic intuitive interface.

Sadly i don't like the only game you provide, if you add more with minimalistic style, like crash and maybe some card games i will come back.
1416  Economy / Economics / Re: The SEC is right. It's not about Bitcoin, it's about centralized shitcoins. on: June 25, 2023, 01:35:36 PM
-cut-
I think you should watch this news, and this is what the SEC has done for us, helping the community get rid of scammer, and centralized shitcoin projects. You guys are bitcoin maximalists, it's understandable that you hate CZ, but if you're in favor of the SEC it's actually a bit confusing.
You guys are bitcoin maximalists, it's understandable that you hate CZ, but if you're in favor of the SEC it's actually a bit confusing. Supporting the SEC is no different from helping the government regulate the cryptocurrency market, and bitcoin is a part of that.
https://twitter.com/bitcoinlfgo/status/1671176719737425921
-cut-
Do we have to have an opposite view everytime SEC says something in order to be bitcoin maxis? That would be just weird. I am not a bitcoin maximalist, far from it. And i don't see people in here defending SEC but defending decentralization.

Thing is, if you can make an altcoin die by stating it's a security, then it wasn't serving any purpose to begin with. And agreeing that some of the CEXes might have been involved in criminal activity doesn't make us bitcoin maximalists either. Cryptocurrencies will be regulated on some level anyway, we shall see what level that will be. Just fighting all regulations because they are regulations is pointless.

-cut-
It should also not be forgotten that SEC executives have repeatedly spoken positively about the SBDC.  And SBDC is a direct competitor to Bitcoin. 
-cut-
If you are talking about CBDCs, this is a false statement. We don't even know the tech CBDCs will be eventually build on. And bitcoin isn't competition to any fiat money, they are created for different purposes. Other one of them is created to maintain stability and control. So they have different purposes.
1417  Economy / Gambling discussion / Re: Gambling, investment, stocks..... on: June 24, 2023, 10:54:47 PM
If you want to invest in the stock and fund of world known gambling sites, this is for you:

https://www.bankrate.com/investing/ways-to-invest-in-sports-betting
https://www.bankrate.com/investing/casinos-online-gambling-investing

I only prefer to gamble. If I want to invest, I speculate the crypto market and invest in bitcoin and other better cryptocurrencies, not the shit coins though.

Then again investing to shitcoins would be indistinguishable from gambling. In fact that's how i used to view it, especially with leverage trading. I remember when people in my inner circle were losing trades in OKCoin exchange, they said they lost their money in OKCasino.

But answer to main post would be, that has OP considered investing directly to bank rolls? As that's a possibility with some of the crypto casinos out there.
1418  Economy / Gambling discussion / Re: The fight between Mark Zuckerberg and Elon Musk. Who you betting on? on: June 24, 2023, 10:41:58 PM
I so much would like to see this happen. Mostly because i would pay money to see Elon going down.

And people who are rooting for Elon, have you seen what shape he is in? Even if Elon lost weight and got stamina (which he obviously doesn't have), Mark would have so much BJJ head start that Elon couldn't catch up. And to top of that, Elon would think too much of his skills, as he usually lies about them in other areas as well.

But i doubt that this would happen as Elon losing woudn't really fit well on his image. And i am thinking he is capable of realizing he would lose.

Both of them are scumbags, Elon is transparent how much he is, and Mark at least used to be but he has brains to shut up and not having public meltdowns so we don't know how much. So he has better PR.
1419  Economy / Gambling discussion / Re: Gamble Responsibly on: June 24, 2023, 10:20:18 PM
A scenario played out sometime last week when I applied self restriction and it really paid off for me,  I placed a bet on stake and when 3 of the games already won the remaining 2 because it was a multiple bet slip,  and when I waited to see the amount of my cash out I already accumulated a good amount in my cash-out balance.

At this point, I was caught in the middle of the decision of whether to cash out or not,  but at the end of the day,  I ended up making up my mind to cash out the amount and go what,  the last match could have been lost and the ticket desrroeryd but since I made use of the cash-out option and having the discipline to decide made it easy for me to make up my mind on time.
Good call. I had that feeling with some altcoins back in day. My instinct was saying that i would need to sell as i made 10x or something like that, because if i went to sleep, it might crash to zero as many pump&dump coins did back in time.

But was that self restriction you were using? Because all my instincts would say that i would need to cash out, while self restriction to me would be following trough my plan and wait for every bet to resolve.
This is why i don't watch how much money i would have, even if i would be wathing the games/fights.
1420  Other / Beginners & Help / Re: How did you start your posting life as a newbie??? only for full mem, Sr and leg on: June 24, 2023, 10:03:46 PM
When I joined this forum there was no merit system yet, so I became a Hero member by just posting whatever came to mind, and I didn't have a goal of joining signature campaign, my main motivation of checking the forum was looking for jobs and altcoin bounties, so I was only making a few posts per day to keep increasing the activity score. As I earned more bitcoins, I became very interested in how Bitcoin works and what awaits it in the future, I started participating in discussions and started earning merit for my posts.

So my advice to newbies is to not force yourself doing something that you don't want to do.
This was my story as well, i has a high rank account before i even realized that there are bounties to make money from, might have been hero. I mostly posted under announcements to keep up what's happening and to argue with the fudsters. I think every single one of those coins has died already so fudsters were right in the end. Also altcoin announcements were the place where i found new mineable coins (before icos) with fair launches to not so fair launches.

Pages: « 1 ... 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 [71] 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 ... 338 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!