I have no idea how it can make a big deal in gambling if it's all about data analysis when the game is all about luck. I only think of these AI are something good to roll your dice depending on your most recent roll but it's already being done and made by the casinos, most of them have the autoroll feature.
But we are talking about poker, that's not just about pure luck. Otherwise same people wouldn't keep ending up to finals, it would be totally random bunch of people every time. With live poker, if you don't have a clue who is being played out from the table it's probably you. You can sense a lot on what people bet and on which kind of hands, who is losing their cool and then there are just pure mathetmatical probablilities you could count if you have a good head for it. With AI you don't have to count. |
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Then there's the confirmation bias, if we start to think that we are losing unnaturally lot, we start to notice every loss and our brains is wired so that it's telling me that we are doing something wrong or the game is rigged. Somehow we tend to forget that if there's a chance to won a lot, there must be a chance to lose as much and more. Somehow we don't think the game is rigged if we win a lot.
If you play long enough entually there will be a day when huge amount of your bets are going to be a losing bets in a row. It's just as certain that there will be a day you will win big. That's just probability statistics.
The reason why we tend to lose if we play longer is that we have a very limited bankroll to cover a losing streak. The casino has an unlimited fund that's why even if you win 100 times straight, you will still lose eventually because there's a that you will lose the same streak or more than the highest winning streak since it's a game of chance. That's why it's better to set target profit and target lose everytime you will gamble to ensure that you can control your bankroll win or lose scenario. Well, yes but since technically it's about about probability, there's a chance that casino doesn't win your money even in long run. It's just high probability, and with enough people playing, it's more likely casinos end up making profit. But i agree with your bankroll control methods. Setting limits to my playing is essential for keeping it fun. As it might have fun to gamble for the rush and fear. But those have too high stake real world consequences for me. |
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Popular action-adventure game series Grand Theft Auto is reportedly set to include cryptocurrency rewards in its upcoming upgraded version - GTA 6. The sequel to GTA 5, which is anticipated to be released in 2023 or 2024, is anticipated to be a major upgrade from its record-breaking predecessor. The latest instalment is likely to integrate blockchain technology to implement its crypto-based reward system. ➥ https://www.forbesindia.com/article/crypto-made-easy/gta-6-could-introduce-a-crypto-reward-system/77777/1GTA is one of my favorite console games, if they really develop this then it will definitely grow big. Much of that sounds like just heavy speculation. I would welcome this but there are a big crowd out there that passionately hate crypto and nfts. And since it most likely would be a small part of the game, they might need to drop it. Just the outcry and boycott doesn't suit well with a company that's trying to make money. And on top of that laws on cryptos are still just forming and company could face some serious trouble for basically same reasons other crypto firms do. |
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Usually that is true, but not every single time. You could get a lot of losses that will eventually make you run out of money and there is no return from there, it just doesn't work like that. I have seen people turn just a few dollars into thousands of dollars and then end up losing it all back again. Casinos have house edge on their side which means that it would not be possible for anyone to just keep on gambling and win.
If you gamble long enough, then you are going to end up with a loss eventually and that is the end of it, that's just going to be the case for sure, without a doubt. I hope that it gets to a point where it will not be possible for anyone to just keep on gambling for a long time and still not face 20+ losses in a row, if you keep gambling, you will reach that one day.
Reaching 20 losses in a row is not much, I have seen up to 40 losses in a row , that when I was playing at that time I came to think that the casino did not want to let me win more and that they were signing me up to lose, but then I began to Investigate about the probably fair and from there a great interest came from many people who wanted to beat the system, and remembering those times where I played so much, I wonder if the AI in the near future if it has that capacity, because it is not difficult for it nothing to learn, it is a matter of days , for you to Learn something at a master level. Then there's the confirmation bias, if we start to think that we are losing unnaturally lot, we start to notice every loss and our brains is wired so that it's telling me that we are doing something wrong or the game is rigged. Somehow we tend to forget that if there's a chance to won a lot, there must be a chance to lose as much and more. Somehow we don't think the game is rigged if we win a lot. If you play long enough entually there will be a day when huge amount of your bets are going to be a losing bets in a row. It's just as certain that there will be a day you will win big. That's just probability statistics. |
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Now the economic sector has sunk, and is it worth buying shares, if so, in which area? I am considering buying shares of any Internet publications and large companies, is there a demand for them and will there be an increase in shares?
Why internet publications of all things? If you are talking about traditional news and story sites, those are going to be in trouble soon. AI content is growing rapidly and that area will get flooded as AI:s can produce exponentially more quality content with deepfake propaganda so fast that it will be impossible to fact check faster then new content comes out. After a while there needs to be a way to filter news to some sort of fact check but before that happens, so many publications have gone broke. Things like Reddit and onlyfans will probably thrive as people need connection to other people if you consider those as publications. |
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Let's talk about decentralized finance DeFi, is there any way possible that the government can regulate DeFi protocol? I see that it's easier to go after Centralised exchanges than decentralized projects, do you think there is a way to make defi projects betray decentralization because of the wrath of the government? Drop your thoughts.
If the company or a person running a Defi protocol is able to hide their identity, there's no way for a government to regulate them directly. However a government can always use a strong internet firewall to restrict access for it's citizens. So indirectly a government can regulate them. Defi is posing a huge risk in the mainstream financial market today as it is very very easy to convert the black money into white. So it's a security risk as well as these can be easily used to finance terrorism activities and any kind of illegal money transactions. In theory governments could not regulate DeFi, but the problem is that nothing is really decentralized. Most DeFi organizations have a central figures, commercial browsers need permission to have wallets as attachments, and as long as we are ultimately valuating things in fiat money, or dealing with fiat money at all. And if we want to keep current form of civilization that has taxes, we need to have transparency on wealth and AML laws. This is where FATF comes in and basically renders any cryptocurrency unusable that you can't prove where you got it from. Things have become way more complex and while it's still possible to launder money i am not going to give any examples how to do that as i don't think it's ethical. But DeFi is not the key element in that. |
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For a while now this wallet has been accelerating towards centralization, it has started freezing addresses and now imposing taxes, I expect that after a while they will provide a service where you can store your private key because they are afraid that you might lose that key.
-cut-
I see something like this a very possible scenario. Many countries have very strong consumer protection laws and i always felt like concepts like self custody and permissionless transfers is something that wouldn't fit automatically in on those. Basically centralized provider of services that is handling your money should be ultimately responsible for it and repayments. But these laws were done before permissionless immutable payments were a thing so they are operated on uncharted waters and everything is very much still on grey area. This however is going to be temporary. This is why i assume if bitcoin or other becomes a legal tender, things get very much complicated for these companies. |
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I do between 2-5 hours of research on an asset before i buy or short it.
I used to spend more but i have what I'm looking for narrowed down a bit more than i did earlier in my crypto adventure.
Lots of focused reading and explorer-diving. I'm most concerned with how distributed supply is, the team behind the project and it's use cases.
Ok, how often you recheck your reseach as market conditions can change? And i am assuming that you are trading on very low frequency? And since there are no short options for most of the altcoins out there that raises some questions. Are you going trough all the altcoins that's possible to short and choose to short or act on every single one? There must be a way to pick those too. |
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Changing of terms and conditions without notifying the users or gamblers is normal with online gambling websites? Then when you did something wrong or about to withdraw your money they will tell you that you don't read their terms and conditions, and you start arguing with them until you decide to read the ToS again and you find out that it's different.
Some gambling websites consist of wicked owners that willingly plan to defraud their users using the ToS against them, or is this normal? Have such happened to anyone on this forum before?
Not normal, that's why accepting TOS is a thing. But are you sure that you didn't just remember the TOS incorrectly? I actually didn't know that people even read those. I skim those and assume that they are basically same everywhere. It's not like they want their users to escape elsewhere with a better TOS Maybe you can you give me an exact examples since you have memorized parts of those modified TOS:es? |
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I am stucked on a real world problem.
I want to peg a crypto token/coin on a physical existing good like electricity or wheat. And I want to trade this coin/token on DEX's. So there are negative prices on these goods. Are there DEX's which can handle negative prices?
Are there other possibility in handling negative prices on the crypto market?
That doesn't make sense with synthetic stocks/tokens. Prices go to negative when actual products like oil barrels and traders have no place to store them. Synthetic token owners would not be resposible for holding the barrels so they would only gain money by trading those tokens as they wouldn't have any legal repercussions for holding them. Physical barrel owners are not going to pay for some random token holders that are playing the markets. |
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Designed to bring attention to global issues
Aka pump and dump money grab that's going to rug all the participants. Where exactly are the ethics on this? Are they donating to somewhere or something? Talking about memes and patting yourself in the back because you think peace is better then war has nothing to do with ethics. Sounds like there's no plan except holding your hands virtually. They could actually turn this to something good, but from reading the web page it looks like even they don't know what that would be like. Changing one letter from pepe doesn't make this original meme either. They are basically taking away only thing what makes meme coin honest by trying to say it will have more gravitas. Thing that annoy me more than meme coins is meme coins pretending to be more than just memecoins. Stay away, it's a money grab. |
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Ok i still like nfts but am hating twitter because of Elon now so i am dropping price to 300$ + escrow fees.
Also i am annoyed how @nftcollector gets tagged to tons of posts out there, and i don't have to use that account for bounties and i dislike doing any influental promotions with it. So buy it if you think twitter is only going up and NFTs are here to stay.
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Pi mining network is listed on different trading platforms that is trusted coins coming out soon, China are willing to buy it when is launches into the market but I had trust issues with most of airdrops and free mining networks, some after a while it will just vanished or remain irrelevant. Do you think is real or is going to be launched soon?
You are right to be suspicious ror anything "free" especially when it's announced in advance. That's a guarantee of it getting botted and worthless to individuals. But the whole concept was pointless to begin with. Only gimmick with it was that it's going to be mineable by phone, and even if that would work, who cares. That wasn't a problem anyone needed solution for. Their token that's trading in some of the most shadiest places seem to have paid volume only. Which i thought would be thing of the past, but i guess this is coin design from the past too. Say far away. Even with airdrops and mining you are losing time and most likely compromising your phone as well. |
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Guys, I wanted to get your opinion on Cardano. I've heard a lot of good things about this cryptocurrency, I'd like to hear your opinion as well. Thanks.
Plus: They have insane amounts of money to spend, so unless they are being totally reckless their funding isn't a problem. Plus: They have a strong community Plus: They have accomplished a lot and some of their solutions are quite impressive. Minus: They lack most talented developers as those are all still on eth. Minus: Their leader seem to have vague vision of the future of ADA and no real plan how to get there. It seems to be little all over the place. Minus: I see no adoption coming What comes to price, it isn't going to moon any more then others. In fact i assume that next bullrun it will rise with other coins but it isn''t going to moon that hard. This is based only on my instincts about it. |
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I see you are discussing one very interesting question. The question is which authentication is more preferable specifically for you.
Many millions of people use Google authentication and do not even think about other ways. However, everyone who has been interested in the development of blockchain technology and cryptocurrencies for a long time and at a higher level is well aware that all open source programs are always more transparent and, in a sense, even more reliable.
And the fact that Google's closed source authentication code may well present you with certain "gifts" in the form of potential third-party access to your credentials. This is obviously always denied by the devs of such systems, but it also obviously may well be the case in life. All the same, in this dilemma (open/closed source), I still lean more towards the open source option in all programs. And in particular in variants of authentication programs.
As for security and protection against hacker attacks, it must be said that both cannot guarantee 100% protection against hacker penetration and hacking, primarily by powerful groups of hackers.
So in this sense, Google-only authentication is not a panacea and is not the only truly reliable information security tool.
There is no such thing as totally reliable security tool as eventually it comes to social engineering and user being the weakest link to be explored anyway. And so far i haven't heard of any google 2fa authenticator hacks. Moreover, even theoretically I have no doubt that, at the request of the authorities, Google will certainly provide personal information to authorized bodies in the event of an official request. This also applies to authentication data.
Perhaps with open source authentication, the issue is also solved, of course, but not as simply as in the case of such a widespread Google.
By personal information, what exatcly are you talking about? I am assuming you are talking about the app collecting it. Google 2fa only collects my device ID, crash logs and diagnostics about diagnostics about the app functionality. Even when i am using my android i am using a google account made only for that phone that has only 1 app installed and that's google 2fa auth. I keep the phone in a secure place so i don't lose it. I am using it via prepaid anon account paid by cash so i would like to know what kind of data i am giving to third parties via google 2fa authenticator and for what purpose they are using it for? If you are talking about data of how many exchanges and casinos i am using it for, i am pretty sure that most casinos would be happy to give my kyc and activity data anyway data to right officials if asked. As they are required to do so by aml laws. |
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It would appear that Target is the current boycott to watch as people are unhappy with the 'tucking' clothing and pro-trans products being marketed to children. The left has finally gotten the right to start taking boycotts seriously. All it took was a man dressed up like a woman on a beer can. Do you think this boycott will be as effective as the Budweiser boycott? Target executives are already having emergency meetings to try and get ahead of this issue as they do not want their sales to reflect a 25% decline like Bud Light. https://www.thestreet.com/retailers/target-faces-bud-light-like-woke-backlash-boycott-callsFunny i thought that conservatives/right were against cancel culture, but i guess the would be pointless to point out hypocricy as they seem to be totally unaware of it. But what comes to their boycott, so far i haven't seen any company going broke because they included of being "woke" to their branding. In fact, quite the opposite. But who knows, USA seems to have gone backwards after Drump gave them haters, qanon conspiratards, misogynists, regilious biggots, racists and spoiled insecure incels who now declare themselves as alphas a god damn megafone just by being an embodiment of them all. From across the pond reading their tweets and news it seems like they are going straight towards "handmaid's tale" type of world. |
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In life you have to be rich of something, or nobody want to marry to you, and have build a family with you, you would be foreveralone, and the media would constantly mogging you over and over again for being foreveralone to remain you. And your mum would constantly tell you if you don't get married nobody would take care of you when your aged. Nobody would make a tomb for you, and when you died you would go to afterlife with empty stomach and would suffer straving too in the afterlife. That must be a lot of hurt! ouch!
So back to question. which is preferred? Married to fiat rich or crypto rich? Although crypto can be created at the comfort of your basement, also the value would plummet quickly to near zero too. Do you think in your life, you would ever see someone marry to crypto rich? btw recent news about ftx being rejected to sponsor a superstar due to it is unregistered tell me marry crypto rich might be a distance dream. Also there would be only 21m bitcoin existed, only 21m couples would be able to married rich. When there is billions of population, a lot of couples may not marry rich, due to unequal distribution, some of the crypto super rich would married hundreds of thousand more.
Weird question. If you are Fiat rich you can just buy crypto if you want and if you are Crypto rich you can cash out anytime you like. You don't need to stick one or other. Or if you need to stick then it's definitely Fiat rich, most of that would be tied to apartments, stocks and other because there's no rich person who strictly invest to fiat cash. And unless you live in third world country at least with Fiat that you don't need to fear that your portfolio is -50% down after you took a nap. Also taxing is easier. |
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So now Interpol is encouraging police to seize anyone's cryptocurrency, as if it is a tool used only by narcotics and arms dealers? It looks like they are still living in 2013 and not 2023. If you are an innocent person (for I have no pity for criminals) and you are about to be raided by some law enforcement somewhere, I advice converting the seed words into the 128 (or 256 for 24 words) bits of entropy, encrypt it with AES-256 with a password chosen by you, write the password down, and re-encode the AES-256 as a 24-word seed phrase and write that down too. I already have a pair of encrypt/decrypt programs handy if you want to do that: https://github.com/ZenulAbidin/encdecThe result will look like a dummy seed phrase, but it will usually be an invalid seed phrase because the checksum at the end will not match up. Either way, it is almost certain that the resulting private keys will have no coins inside them due to how HD extended key derivation works. I am pretty sure that if interpol is after you you aren't going to be just anyone. Nice for you to share that link but would that really work? When you leave yourself clues how to decrypt your wallet you leave clues to expert too. And just like it says, they are going to look for anything that resembles passwords too. And for sure they are using every possible combination for brute forcing in every way they can think of. I am thinking that Vitalik was on to something by giving half of the privatekey to someone he trusted. It might not stop interpol but i don't think Vitalik would need to stop them as he is legit. |
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The concept of Know your client regulations and Web3 casinos are not compatible, because the concept of the Web3 itself (not only on casinos but also in any kind of service) is the fact users, clients and gamblers can identify themselves only by holding their personal keys. I agree with you that governments wont like the idea of such services to become popular, but they already do not like the existence of Decentralized exchanges like Uniswap and there still is, accumulating volume and number of users.  The decentralization makes it harder for centralized entities to attack providers. Bitcoin is a good example of it. Uniswap wasn't a good example as its very much helping governments by blacklisting addresses, so i think those governments doesn't mind Uniswap doing what it's doing as long it's helping them out. This however raises the question of how much decentralization there needs to be. Uniswap for example has centralized around the founder. It's debatable if it's a good thing that someone is going to be accountable if something goes wrong. |
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But at the same time TRON has a wide spread in the crypto community, and its blockchain is very popular among those who are engaged in USDT transfer, because the TRC-20 transfer fee is much lower than the ERC-20. All major exchanges support this blockchain. Despite this, TRON in no way can storm its ATH, behaves like XRP.
Correct me if i am wrong but i think it's cheaper or at least as cheap to send usdt via polygon or bep20 network. You don't need to use erc20 for that. Or at least i haven't used erc20 or trc20 for usdt for a long time as there has been no need for it. But as we are speaking of pennies anyway, it wouldn't even matter if i had to use $1 or $0.20 for tx. But i agree that Tron must have a big community. All the big coins have. I agree with other points you just mentioned, but the team members part, In my own opinion I might not totally depend on team members, I have seen projects that have A team members and they mess things up and as well i have seen team with no known team members and they are making great waves.
For me I will rather look at people backing the project, example if a well known crypto investment firm puts money into a project, I will appreciate it more than the A team members
I don't understand what you are saying. How were those team members any good if they messed things up? I guess it depends what you are looking at in the project. If it's only growth you are after you might sleep better knowing that the project is on the strong fundamentals and doesn't rug you overnight. Strong team doesn't equal price growth but i have way more respect for actual geniuses then some marketing team selling snake oil. |
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