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181  Economy / Gambling / Re: Can gambling sites provide proof of auditing that was done on their RTP? on: March 11, 2024, 05:05:36 PM
I will say with all honesty that this is really an interesting question, as personally, I've never for once thought about the possibility and importance of auditing a game software to ensure that it's up to the standard the casino are advertising the game to be.
But unfortunately, this is not a question gamblers can answer, just as money here have said, there is no way we can know if online casinos actually go through such audit on their games software before launching such game to the public, because so far, no online casino have ever spoken concerning this, neither has any ever made such data available to their customers and prospective customers as well.

This is something I will suggest we all return back to our favorite casinos and ask them if their game software are audited, as a way to prove that the games are as fair as they should be, and just as they claim, casinos that refuse to answer or provide the audit data possibly have something they are hiding.
We know they do that that because they are required to have auditing from third party auditors by law. It's happening frequently and constantly because one test doesn't cut it.
And i wonder what kind of proof is OP looking for. Pure data about testing or what? I am sure most people wouldn't even make sense any data analysis of an auditor. But anyone can probably ask if those auditors have time to answer questions, or about their methods.

Quote from: Pragmatic play's home page as an example:
Pragmatic Play’s games are regularly reviewed by independent bodies that are formally accredited to ensure both randomness and fairness. As such, our games are Random Number Generator tested and certified by Gaming Laboratories International, Quinel and Gaming Associates this is also a prerequisite for all markets in which we operate.

Imagine risking a billion dollar industry by using fake audits. There's no reasonable explanation for that, especially when the biggest asset of any casino is trustworthiness and transparency.
Mathematical proof of slight house edge is the only thing they need to profit.
182  Economy / Gambling discussion / Re: Eurovision 2024 bets on: March 11, 2024, 04:41:05 PM

Though, Israel actually has confirmed their participation and released their song already, it's called "Hurricane" by Eden Golan. Maybe the betting odds haven't been updated yet to reflect that.
I see that this new song was released only a few hours ago on Eurovision's official YouTube account. It's interesting that Israel had an entire back up song and music video in production after their "October Rain" debacle. Also interesting how the European Broadcasting Union didn'g outright disqualify it and let them in with a different song.

As a song it's a more fitting song for Eurovision. But 17.00 is good enough based on how many Eurovision fans have come out against the contest based on the fact that Israel is participating. Certainly though on the opposite side of it there's gonna be people strategically maxing their votes in favor of Israel. I'd argue though that songs way down the list have better production. So it'll be interesting now to see if Israel moves further up or down the list after the change in songs.
Israel didn't have backup, they just changed the name and the lyrics. Now, according to the rules, it's not political anymore and they can use it. That is if the band doesn't pull any stunts on the middle of the act and won't get disqualifed after all. But i doubt band would do that. There's huge money involved if they would do well.

But i highly doubt they will do well. And i am seriously wondering why they have such high odds, even though they have done well in the past, many people are protesting it, and while you can't downvote them, i am guessing points will show in jury's decision as well with lack of voters from other countries.

If there would be one country that would be a direct protest vote against israel, i would bet on that. If it was possible, i would also bet on the possibility that they are getting booed live, i would actually bet lot's of my money on that. Eurovision brands itself as apolitical, but that doesn't mean people interacting with it will.
183  Economy / Economics / Re: Btc new oil for USA on: March 11, 2024, 04:22:33 PM
When Big names like blackrock Jump in it's not for fun or small money it's a huge money power and control.
You can sell oil but at some point the crude oil ports and refriment centers will be full.
Btc limited supply and financial freedom can now save the USD since blackrock controlled retirement funds are in europe countries like sweden Norway finland Baltics and many others the blackrock have a lot money to play with.
The btc will be huge no questions that it will make so many people richer.

But we see that blackrock will buy bitcoins and then it will be like new oil you want btc than you need USD first.
Once again anyone who doubted of USA power will be disapointed again becouse when blackrock owns all the btc or most of them since trump is one of the blackrock buddies you connect the dots the USA will be btc cartel you want btc you buy with USD.
Then it comes USDT and usdc into play we could see how USD stablecoins value going up together with btc.

Now we gona just wait to see situation why a lot people start to buy btc probably wars could be one of the reasons Also the currencies collapse against USD.
I don't get why oil analogy would even make sense. Oil isn't really a store of value, it's a source of power. While Bitcoin is a store of value and needs power to be mined. Digital gold is better for comparison.
Also i don't see any evidence that Trump would like bitcoin or endorse bitcoin. If anything he will launch a maga crypto funding platform or something as crappy, with his own blockchain because it's need to be about him. And bitcoin isn't about him.

And about trump: Reason people hoard more bitcoin and gold when there's a change he might be president, is because there's less trust for usd and stability of US government. You know, reason why bitcoin was created in a first place, public's way to transfer wealth without working government. Fiat system might fall, and if it falls, Trump era would be my bet for that one. It's needed when government can't be trusted.
184  Alternate cryptocurrencies / Altcoin Discussion / Re: Wise to Cash Out 3.5 ETH For Debt Payments on: March 10, 2024, 11:59:48 PM
Right now the markets are rising in our favours. Too bad the worlds markets are in FIAT.
Right now i wish to pay off some credit card debts i have. All in FIAT of course and yes i know i will have to pay tax on the capital gains.
Would i be making an ok choice to sell off some ETH right now to CAD to pay some debt off. as where markets are im in the position.
just wondering on the tax i have to pay, would i be paying more tax then what i will be writing off in credit card debt? thanks
Only resposible answer anyone could give you is, yes, if you have money to pay your debt, maybe you should do that.
I might not do that though, but i am someone who is risking a lot by not doing that. Also it depends if i had still some in crypto or if i had to cash out everything to pay that debt.
Because if that's just part of your investments, it's a no brainer that you should pay it, i would too.

Also you don't mention if that's only way you can pay your credit card debts, can you sell something else to pay it, or can you save money to pay it? Because i have a feeling that ETH is going way higher later on, so i might leave some eth for that. So ask yourself would it be horrible, if it did go $20k and you didn't hold any eth at the moment? Some of us can watch from sidelines easily without holding crypto and watch it moon. But it can be devastating for some people, so i can't ever recommend selling everything. Always leave at least a small moonbag
185  Economy / Gambling discussion / Re: It’s unlikely that anyone besides you will be happy with your winnings. on: March 10, 2024, 11:25:59 PM
I would like to discuss this topic, the joy of victory. Much has been written about this, but nevertheless it will always be relevant. Many players naively believe that someone other than themselves should be happy about their winnings. I don't think so. Of course, those closest to you who directly or indirectly depend on your money will be happy about your winnings. But neighbors, friends, work colleagues, at best (at best!) will receive the news of your victories with indifference, and at worst, with envy. I know that many friends and acquaintances get depressed when they find out how much you have earned. For them, it will be an unnecessary reminder of their failure. Often friendships end after one person becomes very rich. People lose common topics for communication, common interests disappear. Of course, things are different in sports betting and trading than in business. Here success is less stable and a person can often fall back into poverty more quickly. But it’s still better to hide your victories from others. I've seen many clear examples.
I don't know where you even got the idea they ever would be happy for you in the first place? Especially if you get rich by winning? This is why people advice you to not ever tell anyone if you won the lottery, or what ever you won. And biggest reason for not telling is: No one needs to know. You might want to tell people, but ask yourself why you even want that.

People will envy you, that's right. One proof of that is this myth that keeps on living, that most lottery winners end up being broke and miserable in the end. There are no stats that would back this up, and while some people might mess their lives by drinking etc, not everyone obviously will do that. Those negative stories keep living though, because people love to read about them. They are kind on confirmation bias, as majority wants lottery winners to suffer, they see those stories as comforting because they aren't ever goingt to win.

But people around you can be very envious, not everyone but enough of them are a good reason not to tell around about your money. Especially when they think you didn't "earn" the money, but only were lucky. You see this envy with people's attitude towards crypto rich as well. Actually even more with those.

Some of your friends will avoid you. Some because of envy, some because they are extra careful and don't want you think that they are only with you because of money. For some reason people don't seem to do that when you have earned your money slowly with work. At least none of the rich that i know (i know few people that got rich and one of them quickly with cryptos).

And i don't know what common topics and common interests are you talking about, but i never lost them with my friends. All being rich brought to them was financial security and peace of mind because they don't need to live from hand to mouth anymore. And few other obvious perks as well.
186  Economy / Gambling discussion / Re: A personal view on: March 10, 2024, 10:45:14 PM
👉 how do you view women gambling in your area: I've never seen a woman standing in any bet store before gambling, but I've been on many WhatsApp channels that you would see a lot of girls that are present asking for bookies and predictions on sports match to play at home. Do you see them as pretenders or just trying to hide their image?
👉how do you view notorious gamblers: I've been around some bet shop and have seen people watse more than a months salary on virtual or very huge amounts and woudl be sweating out of lose and have no choice but to chase their loses and end up losing even more. Do you view this persons as irresponsible to their family and themselves? Or do you pity them as victims of gambling habit as it can happen to even the most righteous person?
👉how do you really feel when you lose money on gambling?  Do you feel bad or just lie to yourself that's it was for fun?
👉how do you spend your gambling wins: I know a lot of persons that woudl say gambling wins is for enjoyment and would use to to buy cloths or shoes or may go out to have fun. And you also like this? Or do you use you gambling wins for other issues?
👉how do you feel when peopel ask you for money to gamble?, do you gamble with debt?  Or would you never indulge in such no matter how sure you are about the game ?
👉Do you set rules or limits on how much you stake per week to control your addiction or you are disciplinedenough to know when to stop?
👉behind the mask of loving to gamble if you get rich would you still gamble or never again?
1. I don't know what you mean by bet stores as we don't have those, almost every store is a bet store here. But i think we have around 50/50 ratio on women and men gambling. In fact in physical slot machines they are majority and i know personally couple older women who play way more then i do online.
2. I feel sorry for them as addiction is a real problem. Big part of the winnings in my country are directed to help gambling victims. Which some people in here see hypocritical, but i rather see them do that then not. Other way would be just ban gambling and i don't think it's ever going to happen in here. Those people, who want to do that wouldn't get voted in the government-
3. It doesn't feel good to lose, but it's part of the fun not to win all the time.
4. I am using winnings for either investing or living and buying something cool for my kids and my girlfriend
5. I am NOT lending anyone money for gambling, and i prefer people wouldn't lend me money for that if i would ask. That's really horrible idea, both lending and asking. Maybe my friends are smart enough so they haven't even asked.
6. I am watching my budget closely and never go over it. It's my rule nr 1 in gambling. Because i know my gambling addiction kicks in if i ever cross it. That's just how addiction works. It needs absolute rules to keep in check. For some people it could mean never gambling ever, and i totally understand why. Everyone has their own ways to not to get in trouble.
7. I have thought about this. I might quit for a while and have a vacation. At least i wouldn't be gambling anything that takes a lot of my time. As time is money and that's what i am buying with my money.
187  Alternate cryptocurrencies / Altcoin Discussion / Re: Why do you still Invest in the potential heartbreakingly AltCoins? on: March 10, 2024, 10:24:45 PM
AltCoin doesn't sound reputable and reliable because it is like the jungle requiring only the fittest to survive and you must be smart, vigilant and awake in the market if you must not be left heartbroken with its flexibility potnetials to lost of asset funds.
We all knows about this so tell us, why do you still take that risk of investing in AltCoins?
With your knowledges about AltCoins can you afford to advise anyone to stil invest there in AltCoins even with the tussles?
Why? Because there's a higher growth potential with smaller marketcaps and smaller marketcaps tend to be more volatile, so higher gains can be achieved in shorter time frame. And it's not like all altcoins are the same.

It's like asking "Why are you buying these other stocks? Why aren't you buying only microsoft stocks when it has the highest marketcap?" Maybe people see better future or short time future with other coins.

Some of the young people are only in this for meme value, buying meme coins because why not? Bitcoin was the outsider fringe money against the suits for a long time. Now when suits are buying it, it's the meme tokens that are money against the suit. Obviously suits don't want it or buy it, because they think it's dumb and that's the point. They also thought bitcoin was stupid and a scam at some point. Some still do.

And don't pretend bitcoin doesn't have any risk. Richer you got with it, higher risk you took. And early in bitcoin, risk was insanely high. Why people didn't buy microsoft or apple then? Why they risked it and bought btc?
188  Economy / Gambling discussion / Re: Create a player list of rights on: March 10, 2024, 06:31:05 PM
Based on this post and the two responses, I realized another opportunity to actually contribute to the community, and not just my buddies.  Wink   A group of players should get together to create a list of "rights" they demand, and issue a certification for those casinos that agree to follow them.   Eventually, hopefully, increased success of those sites displaying the certification would lead to others sites following.

Obviously, a right cannot be something that harms the site, such as "A player wins if ..." but instead something like "The site lists every condition that would enable them to freeze or seize assets as part of the registration and/or deposit process." 

Such a list of rights would not harm the legit sites in any way.   Who wants to champion this?
I totally agree it's worrying that people are giving away of their consumer rights, by accepting many of these ToS:es. But i can't find any reason why any casino would agreeing on doing anything like this.

Because building that kind of list of reasons would need to be bullet proof, and wording would have to be very careful, so that it leaves to space for interpretation. And if someone found a loophole from that list of reasons (that would be probably long as bible), are we saying that casino couldn't freeze the account and that user could just lawfully keep abusing the casino until they accept the new rules?

Even laws gets fixed all the time because people keep finding new loopholes, so it would definitely happen with a list that promises to cover every specific reason for freezing an account.
So as that list would keep constantly changing to fix and prevent exploits, we would need to keep researching it every day what's been updated and accept that.

I am not trying to be difficult here, i am just thnking this from the point of a casino lawyer. Maybe i am overthinking this but i am sure there must be some other way to deal with this.
189  Other / Politics & Society / Re: Officially sweden joins NATO on: March 10, 2024, 12:08:16 AM
-cut-
But I'm wondering why Ukraine potentially joining NATO is huge danger for Russia and they're quite OK with Finland and Sweden joining NATO. After all they're not threatening to start ''special military operation'' against them. I guess this only shows that this invasion isn't about NATO expansion to East like they're saying.
That special military "operation" was just a matter of time. That's why we (Finland) joined. They have also violated our airspace with freaking fighter jets when ever they had to show a power move. Because they knew we wouldn't respond too harshly as we wouldn't like to rock the boat. They have used paid agitators and russian troll factory on our finnish forums and but they are pretty easy to spot, as finnish is one of the hardest language to master, and non-Finn pretending to be native Finns make make errors constantly by using translators and pushing Kremilin's propaganda. It sticks out.

Before we joined, Russia stated that it would mean serious militaristic and political consequences against Finland. But before it our airspace was constantly violated by Russian Jets as a power move as they knew we wouldn't want to rock the boat by responding too harshly. And here's Dmitry Medvedev mentioning finland and threating with nuclear missiles because of nato.

We follow closely to Russian media and are aware of their blatant lies and how they have been now building an image of Finland as an enemy. They have even changed their school textbooks to rewrite Russian history that fits to that. They have also lately been removing Finnish soldier's graves in and memorial plaques Russia.

And needles to say we don't have any diplomatic relations with them as Russia has declared Finland as unfriendly country.

190  Economy / Gambling discussion / Re: Eurovision 2024 bets on: March 09, 2024, 11:42:21 PM
Let me know if you find any crypto bookies accepting Eurovision bets!

There are many reputable online sportsbooks that do. Actually, almost all of them.

You can find Eurovision betting odds on popular platform BC.Game here:
Code:
https://bc.game/sports?bt-path=%2Fspecials-18

And there are of course others, such as BK8, Cloudbet, Duelbits, FortuneJack, Sportsbet, Stake...
So is anyone going to vote those non-favourites? I just reclaimed my JUN airdrop, so i am cashing that and wagering it for Finland.
Finland had 67x multiplier in bc.game (biggest one i've seen), so i wanted to try there. But since i didn't recall if i had registered yet, i tried to search all my emails from "bd.game", and nothing came up.

So i made an account there, and while i looked around before depositing, i spinned that flashy wheel with those free JB tokens as a bet. There came a popup screen saying that i wasn't eligible for the prize as someone has already registered an account from my ip or my computer. Now i am afraid to use that site anymore, because it will probably look like double accounting on purpose.

Stake had just 66x multiplier, so that's gonna do fine. But i would like to see odds for other crypto casinos for comparison and i didn't find eurovision from others you listed, even with google. Maybe you can give direct links?
191  Alternate cryptocurrencies / Altcoin Discussion / Re: I need to gather opinions before launching my shitcoin publicly on: March 09, 2024, 11:04:57 PM
Me and my mates have created another stoopid meme token but I don't want to create a post in the announcement board unless people actually like the idea so would like for some sincere opinions
-cut-
Yes I know the world doesn't need more memecoins lol
Seems like such a stupid idea it could be a winner, except with your attitude you aren't going anywhere. If you just want attention for free and without risk, this isn't happening.

If you need a permission from random people before you do what you genuinely think could be fun, you are missing the point. People win in this space because they take risks. This isn't a tv and there are no test audiences to pander.

Don't be afraid to flop, because that's most likely what's going to happen anyway. It doesn't matter what people say in here. It will probably flop no matter how many of them are in board, or how many say that they are not. Only way to guarantee to lose is not to try.

Imagine wanting to do stand-up comedy, but refusing to go on the stage before everyone is cheering. This is what your post looks like to me. Just do it, don't ask permission or acceptance. The whole point of this token creation is that you don't need to.
192  Alternate cryptocurrencies / Altcoin Discussion / Re: Thorchain (RUNE) is soon obsolete, here's why. on: March 09, 2024, 10:45:11 PM
-cut-
Hydranet could potential be a competitor to Uniswap, which if Hydranet reaches the same marketcap, it will be worth $70+/token. (And it's currently trading at 6!!!! cents).
-cut-
Hydranet is interesting, i have to admit, and with $10M marketcap it seems cheap as hell.

But competition for uniswap? Let's be realistic. You can't even start to compare fees when Hydranet has fraction of the volume of rune or uniswap, that seems like you are misleading newbs purposely.

And please tell me this is actually open source but i can't just find the code, because downloading closed source software for something this is just stupid.

And while $10M marketcap means there are lots of space to grow, it needs more then smoke and mirrors to rise and compete with big boys. And with all those cross-chain bridge attacks and stolen money last year, this or any other cross-chain tech doesn't seem like sure bet to me. It's going to be an important development sector, but i rather keep using CEXes and traditional DEXes for the time being.
193  Alternate cryptocurrencies / Altcoin Discussion / Re: What Alts can make a possible 5x this bull season? on: March 09, 2024, 09:06:31 PM
It's really important we share our views on Alts based on our various researches to know what to buy this current bull season. As we all know whenever Bitcoin gains strength Alts follow and some Alts do great imagine accumulating Solana when it was just a dollar years back.

Am believing layer one coins with good tokenomics such as Dot would make 2x to 5x maybe should be watched.please I'll love your opinion on this.
it's refreshing when people are investing into most dangerous/volatile markets out there and are only after 5x. But i reckon you can make 5x with multiple altcoins between top 10-50 coins in coinmarketcap. Even thought many of them have already done almost that from last year.

But as i've seen some DOT talking points recently, and people seem like they want desperately push it up, and while i don't like the fact it pumps as well, it most likely will. We are still quite early and 5x is definitely a possibility. And my hats of to you for not being more greedy than that. I was planning to do 10000x with shitcoins myself. At least one of us will meet their exit target.

I guess comparing something to sol potential keeps things in perspective, but i see it as a bad idea. People get delusional when they wait for that kind of mooning to happen just with one coin.
194  Other / Off-topic / Re: specialty or "Jack of all trade? on: March 09, 2024, 05:59:49 PM
No doubt, being the jack of all trades has a lot of advantages, especially in today's world where a single skill and source of income is always not enough to Carter for your needs, and coping well in a field would in most instances require that you combine a lot of other skills for effective productivity but then, being a specialist or someone that's dedicated to a chosen field could make you exceptionally experienced than combining a whole lot of similar skill on your head.

I guess this is the reason why in most professional fields like medicine, engineering, finance, and even in the legal fields, it's expected that there is a combination of some sort of general knowledge or focus on a niche where one will be called upon to handle matters in that context.

What's your view on this? Is it best to be a specialist in a chosen field or tilt to being the jack of all trades?
Wouldn't that depend on what are you specialist of? Because i know one guy who has specialized himself so far on his studies, and has so many published papers on it, that he is pretty much irreplaceable, as no one in his field knows as much experience of the subject. And basically he can determine his own salary now (to some point of course).

Luckily he picked something that isn't going away, as for example i have specific and deep knowledge and experience about something that don't exist anymore. I won't go to details in case of doxxing, but i had to re-educate myself and start from the scratch.

Jack of all trades might help you to some extent in your life, as it's handy to know how to do things and not hire professionals for every job, but when you know little bit about lots of things, you aren't really irreplaceable in any field. In hindsight, i would rather combine 2-3 things and get deep understanding in them. Being able to understand problems in one field and developing skills to fix them in another is a golden combination. Like neurobiology, electronics and coding or Biology, chemistry, and mathematics. Or chemistry and psychology.

It really depends what you aim to do and some of these combinations are obviously better then others. And some of those might offer unforeseen or even unethical but lucrative opportunities, like weapon design, or some specific research work.
195  Economy / Gambling discussion / Re: When you are not to gamble. on: March 08, 2024, 10:17:01 PM
You can add these two:

When you win little, do not gamble on that day again. But some gamblers will feel like they should continue to gamble and they will lose at the end of the day.
-cut.
I think i know what you mean, but i don't agree with this. Especially when wording of this advice is so vague.

Why couldn't i keep playing? Why i am going to lose that when i have a change to win, which is the whole point of casinos. I know that one should be able to exit while they are still in profit, but what's the "little" in this scenario? When i win 2€ from a slot machine, i should call it quits even though my deposit is $50 and i own $52 now? This seems like a highly subjective advice that can be interpreted loosely.

Do i have to win big with one big jackpot so that it's a legit win i can withdraw? Why is several smaller wins a bad idea, when that's even more plausible then a huge one bet jackpot?
196  Economy / Gambling discussion / Re: Is AI going to affect gambling in any way ? on: March 08, 2024, 10:01:13 PM
-cut-
One of the popular AI is the one being used in Football is zcodesystem.com

Quote
ZCode System:Focusing on football, this AI prediction software utilises a complex score prediction formula based on more than 80 parameters. It conducts 10,000 simulations to forecast scores based on historical data.
it cost $198/month and for serious Football bettors
-cut-
AI fomo is real. And that's quite fascinating, because with $198 month (and that's with discount) developers must be e having pretty lucrative gross margin on sales. If they have enough customers that is.  

Just think about it. Anyone tech savvy enough could rent a powerful cloud server and run a custom large language model. Base code for it is already free and ready, and configuring it just for gambling shouldn't be that hard. Owners of such service would still get to keep most of the $198 / month, as cloud services for that doesn't cost that much. And they could automate the system. so with some web development skills and by scalng it up with new users, that would pay small fraction of that $198 / month... Soon it would still be a lucrative investment.

I wonder how accurate those predictions really are, because i am not trusting those charts at the site. Anything that shows portfolios that are just going up seems like a scam to me. Or at least an attempt of misleading marketing.
197  Economy / Speculation / Re: BTC power on: March 08, 2024, 06:26:20 PM
Hello all BTC
can we talk about the source behind BTC price
Utility and fundamentals of it create demand, and capped supply keeps the price up.

yes there is only 21m btc but iI think that it is not enough
What does this even mean "not enough"? You know we can just add digits when one satoshi becomes too expensive, right? In theory it's basically endlessly divisible as it's nothing like physical gold or diamonds in real world. Real world resources can be described as something we would prefer having more of. World is never going to run out of bitcoin, ever.

it make anyone reach just by bying and hodling it
we normally get rich by working, studying or something else but not hodling
there is that guy who keep all his time studying and working and get paid just to pay rent, food and his family (life should be like that)
there is that guy who never studied or work just get some btc and hodl it  Huh
Welcome to the markets. Markets have nothing to do with how life "should" work, or hoe value should be created. Working and studying has a nothing to do with size of your portfolio. Consider this more like a casino, but instead of betting winners in sports, you are betting on stocks, commodities, cryptos and such. Cryptos just happen to be most volatile "investment" at the moment and people who "bet" on it rising up were lucky. That doesn't mean people keep being lucky, as everything has a top and no investment just keep on rising infinitely.

It might seem like injustice to you, but this isn't "real life", or actual work. This is speculation of value.

Difference between working and investing is that with work, you are creating something of value, so it's safer bet to get money by working. You aren't even taking a risk, you are just working, and when you aren't taking high risk, there's often not that high reward. You can rise that money by working more efficiently or by studying though. And in investing, people put that money to work for them and by doing that they are risking that income. So they might as well could lose it. It's easy to see as unfair when markets are going up and people are getting rich because of it. If it would be going down, your post would look very different.
198  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Polkadot, what do you guys think? on: March 08, 2024, 05:17:40 PM
It hasn't gone into bull mode like BTC has, is there a reason?
Polkadot has risen around 172% since October 2023 while btc has risen around 127% at the same time. So what are you talking about?
Are you asking why it crashed so hard after ATH? There are ton of reasons for that, but main one would be that DOT wasn't anything special. It shouldn't have any reason to get to new ath, but since markets are dumb, it's probably going to do that as well at some point. But i personally don't want that crap to my bags. Even meme tokens bring more value to crypto.

And since biggest security issue in crypto for a while has been cross-chain bridge vulnerabilities, why would people want to invest to a coin, that's basically build around that subject?
199  Economy / Gambling / Re: ✨ Shuffle.com | The next generation of crypto casinos | Sports, Casino + token on: March 08, 2024, 04:48:45 PM
Can someone explain the purpose of the shfl token?   Serious question. Are they raising money by selling what ultimately amounts to crypto poker chips?  Or is there some other beneficial use? Is this a repeat of the $FUN token for crypto casinosthat saw its investors lose 99% of its value bc it had no purpose, or will the token have some intrinsic value or functional purpose aside from using it as a “crypto poker chip”  Given all the enthusiasm I’m trying to find out more info.
I am assuming you haven't read shfl whitepaper yet?

If that was too long or complex, it's basically reward token for using the casino, and 15% of shuffle revenues are weekly used to buyback and burn SHFL tokens directly from open market. So it will definitely add some value to the token, as casino itself is providing buy pressure.

Token holders will get some vip perks and there will be more utility for it in the future, we don't know what all that is yet though. And You can also use it to wager in the casino, which is handy but nothing special.

As in comparison $fun token didn't have any kind of deflationary tokenomics if i recall correctly.
200  Economy / Trading Discussion / Re: Take Profits! Its important! on: March 08, 2024, 12:21:19 PM
When we are at Extreme Greed you need to be taking some profit off the table. Most people in crypto fail to keep the money they've made. They either sell too late or they selfishly watch all profits fall back to zero.

I've seen this happening each cycle.

We all need to understand that 1st priority in crypto is surviving. Profits are in 2nd place. Yes that sounds counterintuitive, but it's really simple. The real skill is not in making money. The real skill is in keeping it.

I hope you found this useful. Keep up the flow, and may the force be with you.
I have seem many of my friends, and even myself to think that because they missed ath, and while they are still up 1000+%, they count that as a loss and refuse to sell because it could go higher. Not only selling the absolute top is statistically nearly impossible, we still beat ourself not doing that. We beat ourself not doing optimal decisions no matter what. I still keep thinking some ATHs that i have missed as a loss, even when i sold, roi of them were insane and nothing you could ever do with stocks.

Talking profits is also hard because everyone around you will say you are crazy to do so. They will say this is nothing and it will be on top 10 marketcap easily or something. Obviously everything can moon, but when nothing is enough and exit targets are as delusional as "think this like investing to bitcoin at the start". We are most likely losing.

But i am glad i took profits, even now, when i sold lots of bitcoin in 2015. Because i used it for making my life, and my kids life better.
If i hadn't do that and i kept my bitcoins and eth, i would be rich for sure, but if i keep hitting myself for that, and all i see is mistakes in my life, i end up hating myself. But if i see them as lessons that i paid that much bitcoin worth, i just make sure that those lessons were worth it. Because i wouldn't like to pay for something that i already know.

And it's not like i didn't do well. Just in hindsight i just would have done better if i had known the future.
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