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321  Alternate cryptocurrencies / Altcoin Discussion / Re: If you were Satoshi Nakamoto, what would you do? on: February 06, 2024, 09:05:29 PM
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I have some questions for everyone: If you were Satoshi Nakamoto, what would you do?
  • Would you dare to appear in public?
  • Would you move 1M BTC and sell for USD?
  • Would you participate in the development and upgrade process of Bitcoin blockchain?
  • Would you agree to accept the invitation to El Salvador?
  • Wouldl you continue to stay anonymous and observe the development of Bitcoin?
  • Would you reveal this secret to your children before you die?
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I would never appear in public. But i would probably cash in my 1M BTC, or at least part of it. But why would i participate to development? I already could do that. Anyone with skills can propose changes. Miners and community just have to agree with changes.

I wouldn't accept invitation to El Salvador. That would only reveal my identity. I wouldn't go there anonymously either. I would have probably revealed everything to my closest family already.

But to be totally honest, i wouldn't want to be Sathosi as Satoshi is most likely dead.

322  Economy / Gambling / Re: ✨ Shuffle.com | The next generation of crypto casinos | Sports, Casino + token on: February 06, 2024, 08:56:48 PM
It might not be following the exact birthday of Shuffle, but releasing a token is a ton of hard work, especially how one single screw up can burn not only them but other people who have invested on it as well. From the looks of it, they seem to be following through with their plans, and it's just not being shared with us unless everything is ironed out. Give it a week max for updates on TG and Twitter, but hopefully we receive something come Friday or Saturday for the said announcement.
Token release is very important for the token price and for the platform too.

First, it is tokenomics that needs to be well designed to help the token can maintain its price and avoid unnecessary inflation like GameFi tokens.
Second, it is security that must be very well built and tested many times by the team and even with trusted cryptocurrency audits companies. If there are bugs in smart contracts, the token will be exploited and hackers will dump it seriously.

I believe Shuffle team are building many things for SHFL TGE and delay is normal. If they already had plans for promotion, they will execute it one way or another and that time will come with us.
As it's erc20 token it will get listed to uniswap, and because of it, it hopefully catches some whale eyes. And if that happens, i wouldn't be worried on CEXes. They will add it purely because of the volume.

I have high hopes for tokenomics, but as they are still unclear i will keep my feet on the ground and have healthy skeptism. Token itself might as well be generic erc20 token, so it doesn't need complex smart contracts. Least i hope it is, because less is more if tokenomics have been build correctly and % of profits earmarked for buyback is high enough.
323  Economy / Trading Discussion / Re: Learning comes before earning on: February 06, 2024, 07:56:57 PM
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  • Mr A can be an experienced trader while Mr B is an amature trader
  • Mr A could be trading with $10k capital while Mr B trades with $100
  • Mr A can be emotionally strong when his portfolio is at -70% while Mr B will shiver at -10%
Above all, newbies are always less successful in trading.
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I don't get your point. You just gave an example how newbies sometimes benefit from being scared easily (or fomoing easily). Yet you say that newbies are less successful.
Are you saying that Mr A is better trader, because he is experienced and stayed calm? Or because he trades with more money?

Mr B might panic sell in -10% while Mr a hodls to -70%. Calmness doesn't matter in that case, in the matter of fact it might have been disadvantage, as Mr B panicked before the markets, and still has %90 left to invest, while Mr A lost majority of his investment
324  Alternate cryptocurrencies / Altcoin Discussion / Re: Any airdrops you are anticipating this year? on: February 05, 2024, 05:30:18 PM
Nothing is given for free like it used to be earlier, if you want to qualify for a good airdrop you will need to test those platforms that are planning airdrops. In turn, you would get tokens that can be valuable and cannot be. There are so many as mk4 suggested that it is hard to track all of them and all of them would need you to use their platform. HyperLiquid which is a perpetual exchange is organizing an airdrop based on a point system and I think their token should skyrocket like Jupiters did when it got listed.
I don't understand what you mean earlier? Conditions for airdrops that aren't pre-announced have been pretty much similar to what they were. And that is: you have been using the system actively from the start, at least before the airdrop.

So they are as free as they used to be, but the problem has always been that no one knows what airdrops are coming or what conditions you needed to fill to be eligible. And if they are pre-annouced, they will be immediately be botted and diluted in value. Every good airdrop i have got, have been given me without any pre-announcement so that people didn't have possibility to game them and try to cash out. In fact  airdrops weren't really a thing before people were making millions from them.

Afterwards it seemed that it was pretty good way to get community behind the project. Because who would advertise better then people who got skin in the game.
325  Economy / Gambling / Re: ✨ Shuffle.com | The next generation of crypto casinos | Sports, Casino + token on: February 05, 2024, 05:05:07 PM
Well i guess there was no snapshot yet in 1st Feb, as they most likely would have said it.
I would have thought that 12 month would be accurate to day and that this tweet from last year would have been very definition of the "inception" of shuffle.com
The snapshot was taken on Feb 2, as for the other token announcements next week, I guess we have to wait for another new tweet.

It makes me think that they didn't get everything ready in time. Because as one who has done marketing in the past, i would imagine, that it would been high priority to get that out right on birthday. Obviously it's cool if they want think tokenomics trough, as it would be useless with it if burn rate, use cases and inflation being imbalanced.
They never said a specific time and just said it will be in the first quarter, which means that so far the developers are continuing to do so in order to be on time but I guess it's never too late because anyway they will probably announce next week along with the tokennomics that are published.
Thanks for the heads up, i am satisfied now. Weirdly there wasn't anything in telegram, or here either, i thought i looked at the twitter too, but missed it. I thought this would be a bigger announcement, and more info, but i definitely can wait a week for more data. At least i can get prepared better for analyzing it.

Even though i am a small fish compared to whales, i can see potentially more than cash out value for this. Especially the idea of using casino profits buying the token back from the markets is appealing.
326  Economy / Gambling discussion / Re: Resources for a more reliable paroly (multi-bet) strategy on: February 05, 2024, 04:53:09 PM
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As you can see, parlay is a strategy where you're doing somewhat of the opposite of a martingale strategy. You take your winnings and original stake, and put it towards another match. This means that you increase your bet based on if you won. The risk here is that if you lose once, you lose all your stake plus winnings that were built up.
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Isn't that just reverse martingale? Only difference being that martingale is loosely based on 50/50 probability. Or more like it lures people thinking it makes sense. However with sports betting it doesn't work like that. Not that there would be anything wrong doing reverse martingale, but it's far from the idea of original reverse martingale.

I have however tried this with basketball and "sure bets", as combining them creates decent multipliers, and while it can work for a while, all it takes is one loss to get start from beginning, it hasn't really been successful so far. And obviously i realize that there are no strategies that work, that there's only luck. But it's still fun to try and look for winning patterns that doesn't exist, as that's hard coded to human brains benause of that, it's emotionally rewarding.
327  Alternate cryptocurrencies / Altcoin Discussion / Re: FTX to refund customers at Bitcoin's prices below $18,000 on: February 05, 2024, 04:19:21 PM
FTX to refund customers at Bitcoin's prices below $18,000

Quote
Crypto exchange FTX has decided against resuming its operations and instead will proceed with asset liquidation to refund its customers, Reuters reported on Wednesday. However, under US bankruptcy proceedings, repayments will be calculated based on Bitcoin’s value in November 2022, specifically when Bitcoin was trading below $18,000.

https://cryptobriefing.com/ftx-refund-bitcoin-customers/

Is this has been discussed already?

What are your thoughts about this one? For sure those who lost money in the FTX collapse will have to find console in getting some from FTX itself. But I don't think this is fair to their customers if they will be calculated on Value of Bitcoin in November 2022, just saying.

It should be in full and should be based on the numbers of Bitcoin they have in this exchange, in my opinion.
I am unfamiliar with, bankruptcy code that article is referring to, but seems really weird that they picked the lowest point for it, or that they are changing btc to monetary equivalent value in the first place. Weren't mt gox victims getting their btc back in btc? Also at the start of the November 2022 ftt was still priced at $26.11, are people getting their ftt value back from some date, because few days after bitcoin dumped and ftt crashed with it. And what about people who fomoed in all the ftt the cex when it was dirt cheap? What do they get?
328  Economy / Gambling discussion / Re: Gambling Management on: February 05, 2024, 03:30:58 PM
I often run out of funds due to gambling that is too blind in terms of placing $$ on every bet I make and ends up losing. I do multi-bets and single-bets, every time I win, sometimes I forget myself and use all my $$ on the next bet. This sometimes gives me big wins, but if I'm unlucky I can lose all my funds and this has happened many times.

I started to realize and change my habits. Now I use $$ from the profits from the previous bet to place the next bet and save my initial capital.

What do you think, is this good and can help me overcome losses that will occur so that $$ remains safe and can be used in future betting? Are there other unique ways that you can use to grow your money in gambling? feel free to comment. Thanks
Let me get this straight. You never used the money from your profits for gambling? Of course you'll end up losing your initial budget if you only count all the lost bets and cash out any gains.

So i guess you really have a point and definitely need to try that new tactic out. I thought everyone did it. But if i can recommend, still take some of your winnings out and leave fraction of it for more gambling. There's no good reason why we shouldn't enjoy those big wins.

Also you might benefit from tracking your gambling budget, winnings and losses with spreadsheet, so later on you can track where and when you lost your money, or won something. As it sounds like you are losing track of $ usage and end up losing more because of it. Not only budgeting with spreadsheet helps you getting a better grasp on finances, it helps you on taxes etc..
329  Economy / Gambling discussion / Re: Older men vs Younger boys in gambling, Which enjoys Gambling for fun the more? on: February 04, 2024, 11:21:06 PM
Hi gamblers,

So, a particular discussion on the gambling board which I am part of; actually put this question into my head, and I thought I should ask the gambling community here, so we could possibly have some fun discussion it.

And the question is very simple, Between the older men (talking of from 60 years old and above), and younger men (talking of from 18 to 45 years of age) which of this category of men actually gamble for fun the more?

If I was to answer this question, I did say that the older men are more likely to be gambling for fun, than the younger men, and this is due to several reasons which I am not going to mention yet, but will see users who share in this same view of mine will be able to also come up with same reasons.

So, feel free guys and ladies, lets discuss.
Well we can only trust word of older gamblers in this case, because they have been both, young and old so only they would have perspective to answer to this.

But as a someone over 45 i would imagine that i was more excited playing younger, but i wasn't playing that much of for fun, as much i was trying to win big. Now as older, my perspective has changed. I still dream of winning so much my life is set, although my expectations for it actually happening are better adjusted to reality. And while i was more excited, it wasn't always fun. I gained vivid memories for sure, but learned from my losses so that i can now play for fun too.

So i imagine that in 15+ years, if i am still gambling, (and wouldn't i be?) it must be really for fun. As more older i am getting, i am getting better on having my life together and balanced.

Of course i can only speak from myself, but to summarize my point: Younger my definition of fun was more reckless, and i might have thought i played for fun because of it. But older i get, more fun i am having, and less unrealistic expectations.
330  Alternate cryptocurrencies / Altcoin Discussion / Re: What do you think about this Gaming Project ? on: February 04, 2024, 09:27:53 PM
If you're a gaming enthusiast who enjoys action-packed combat games, look no further than insurrection.games. Consider it the gem you shouldn't miss if you regret not getting in early on Axie Infinity or Sandbox. This emerging GameFi project offers the opportunity to play and earn more, and the best part is the game is already live. The extensive marketing efforts and transparent nature of the project add to its appeal. Having watched videos of the game and noting its robust social media presence over the past two years, I'm personally inclined to participate in their upcoming fair launch. What are your thoughts on this?

Website: https://insurrection.games/
Instantly that message "earn $50 daily" makes me think that's a scam and i don't have to read more. But since i am here, 50 of what? Not dollars, even though there's a dollar sign, that's for sure. If they mean dollars they are scammers, if they mean their own token, they are misleading people. Selling a token link right away, after a logo is a red flag. Numerous spelling errors are a red flag. Low quality graphics are a red flag. Page is not responsive even though i guarantee there's not much traffic on that site.

And can you explain how maven capital and moonrock capital, or any of these are partners? What did they do? Because i can guarantee that they didn't buy any tokens.



Why i am even reasoning here... they are obviously lying and this is a scam.
331  Economy / Gambling discussion / Re: Viewpoint of a fan gambling on: February 04, 2024, 09:08:22 PM
I like to bet on my favorites, as it makes the mach more exciting, but i definitely can bet against my favorite person / team if i am afraid that they win. I often wanted to do that in elections, because if the person i like loses, at least i am able to cash in and comfort myself with that. I am not that mentally invested to every sport my country men participate. But i have thought betting on opposition when i am afraid my fav loses. And that's not only in sports, but in eurovision, politics, oscars and things like that. Anything i can bet on really. I am not sure how it would be hurting anyone, except maybe nudging the odds with my bet with tiniest possible way.
332  Bitcoin / Bitcoin Discussion / Re: If you spent $500-$1000 on bitcoin in 2009-2010 on: February 04, 2024, 08:38:56 PM
Let's say you were the 2nd person to mine bitcoins besides Satoshi himself. Every time someone else mined bitcoins besides you and Satoshi you bought them. The going rate back in 2009 to January 2010 was $1 for 1400 so let's say you bought every bitcoin besides your own mined and Satoshi's from January 3rd 2009 ( the first mined bitcoin by Satoshi ) to February 2010 and then kept buying for the few months every time someone mined bitcoins you asked if you could buy them. Then when Laszlo did the pizza deal, you would've bought him a lot of pizzas, then when SmokeTooMuch tried to sell 10,000 for $50 and another guy tried to sell 22,000 bitcoins for like $70-$80 you would've bought that... basically every time it came available. You'd probably have about $500-$1000 into bitcoin by now... and you'd own like 5 million bitcoins... no one else would bother to mine them then, you'd own all the rest of the bitcoins besides Satoshi's who disappears in 2010 and then you disappear in 2011 with your 5 million, no one remembers what bitcoin is and you'd have a net worth of 0! yay
Yeah, i've thought this too. I mean people would mine them, for sure, they mine anything, but being a whale at the start in alternative history would have changed the playfield and the players so much, that bitcoin wouldn't have same changes. people wouldn't get to buy them as cheap as they did. Wrong people might be interested and right people look away as they would see it centered to one big whale, who has potential to crash the markets any time he/she wants.

Even a small change in history could have taken away someone's share away, who has been essential to success of bitcoin. And even if someone entered early, they most likely had been sold everything long time ago, no one could have even dreamed we got here, except some crazy people who eat glue or something, so you wouldn't listen to them anyway.
333  Economy / Gambling discussion / Re: Gambling addiction does more harm than mere financial loss on: February 04, 2024, 08:26:28 PM
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Decrease in overall productivity of individual: Addiction reduces the value that you add to wherever you are engaged career wise as you are mostly distracted with gambling thereby reducing your commitment and dedication to your duties, this might significantly reduce the overall company productivity and lead to job loss.

health Challenges: A gambling addict is always under pressure and tension and as such is prone to health challenges like high blood pressure, depression, and on the part of his people, they might be suffering from the psychological implications of his lifestyle which includes social stigma.

violence : most gambling addicts are prone to violent behaviors owing to anger issues from much losses and this might greatly affect his relationship with his immediate family and people around him who might start seeing him as a wild animal.

your contributions are very much welcome as we learn together the many demerits of gambling addiction to inform both those currently addicted and intending addicts of the dangers of that irrational lifestyle.
Sure, it can indirectly cause these or lead to these problems, but not necessarily. In short: Every gambling addict is different, not all gambling addicts are violent for example. Stress alone should be pretty severe to cause high blood pressure. It's caused by wrong nutrition, and obesity way more than that. That said, stress is never good for you.

And there are different levels in any addiction. Many addicts are highly functional and can keep on doing productive work and successful social life. We just rarely hear about them, as as their negative behavior, what ever kind that is, is not seen by anyone close to them. Any kind of addiction is always taxing from something in our life, but sometimes it's just a vice, that has replaced even worse vice, like smoking.

Now i sound like i am taking addiction lightly. That's not my point. My point is that those symptoms you are listing are over simplifying.
334  Economy / Gambling discussion / Re: Quit gamble! Easy or Hard? Let's talk. on: February 03, 2024, 11:40:18 AM
Gambling is not a deadly addiction that cannot be broken once you are addicted. People can control themselves in any difficult situation if they want. If a gambler wants to, he can stop himself from gambling in any difficult situation at any time, so that gambler must be mentally prepared. If a gambler's family treats him well and can do good mental consulting, then 50% of the work will be easier and if he regularly participates in various social and cultural events, then it will be possible to prevent him from gambling addiction very easily. There is no need for drugs to get rid of gambling addiction, but a friendly treatment can bring back an addicted gambler from a psychologically distressed state.
Just because you can, it doesn't mean everyone else can. Brains can act very differently and can be wired differently when it comes to need of dopamine, and while rational thinking help, it doesn't always help. Addicts many times understand that they shouldn't do something, they just can't help themselves not to. This is why people need treatment in the first place, as without it they are taking extreme measures that doesn't make any sense to someone who has more control over their decisions.

It's true that want to be healed needs to become inside from the addict, but sometimes that's pretty much one of the few things addict can have control over to. And lots of the times addicts don't really want to heal for themselves, but the pressure and people around them. And gamblers can definitely benefit from drugs. Bupropion for example helps for all sorts of addictions. It however doesn't give a reason for people not to play, it just helps with the addiction and compulsive need for something. And Concerta can help people with ADHD to act less impulsive, stay focused and follow plans. That can be essential for fixing compulsive behavior for some people.
335  Economy / Gambling discussion / Re: Investment in gambling on: February 03, 2024, 11:28:00 AM
Some persons says gambling is not an investment due to its risky levels but a game of entertainment while some persons says investments are likely to be gambling because you don't foresee the future and can't predict the later outcome.
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This isn't just said by someone, it's just a statistical fact. It doesn't need trust to be true.

But maybe rest your point got lost in translation here, but i am trying to decipher it and give a honest opinion.

First of all, daily interests and gambling have nothing to do with each other. And since you are not giving specific examples or naming sites, it stays a mystery how the ponzi scheme, which is very specific scam fits in this.

Anyone outside of actual banks promising you ridicilously high daily interest of usd value can be considered as a scam. That's it. You don't need to look deeper. If they keep paying at the start, it can be because of the ponzi mechanics. But i can't underline this enough: This has nothing to do with gambling, even if it happens trough casino.
336  Alternate cryptocurrencies / Altcoin Discussion / Re: KuCoin Spot Grid Bot on: February 03, 2024, 11:09:07 AM
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 And now I am thinking should I terminate this bot or should I wait when market will pick up and the bot supposedly will go into positive figures?
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Bot trading isn't profitable unless market conditions stay exactly the same for a long time (that however doesn't happen). But if it did, then automation for some time span makes sense, but all it takes is one radical change and you start losing way more then you were making.

I am not sure who convinced you that bots would guarantee to make you money, because they don't. Not even experienced traders can guarantee you profits by trading. Only profits you can count on is if you trust the CEX "staking" coins with time locks keeping your money safe. But that has risks as well, as everything in here. Those altcoins could even lose more usd value then you gain them by staking. Nothing in this crypto space is "supposed" to give you profit.

337  Economy / Gambling / Re: ✨ Shuffle.com | The next generation of crypto casinos | Sports, Casino + token on: February 03, 2024, 10:44:06 AM
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But on X.com it is said that the beginning of the airdrop in 2024 may be in conjunction with Shuffle's 1st anniversary, who knows they give surprises to their customers.
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Well i guess there was no snapshot yet in 1st Feb, as they most likely would have said it.
I would have thought that 12 month would be accurate to day and that this tweet from last year would have been very definition of the "inception" of shuffle.com



It makes me think that they didn't get everything ready in time. Because as one who has done marketing in the past, i would imagine, that it would been high priority to get that out right on birthday. Obviously it's cool if they want think tokenomics trough, as it would be useless with it if burn rate, use cases and inflation being imbalanced.
338  Economy / Gambling / Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest on: February 03, 2024, 10:12:38 AM
That seems optimistic and it would be great if we can reach it, but we will need a katalysator of good news before we can reach that number I think. Last month, I thought TheQuin was still in holiday at the beginning of the month so it the bets will be opened soon I suppose.

There doesn't seem to be any significant news soon, which could have a strong impact on the BTC price. However, I think BTC doesn't need any news to reach $50k, as the upcoming halving will gradually push the BTC price up anyway.
As for adding new bets, I think TheQuin is probably too busy to do that. By the way, he was online a week ago, and I wouldn't be surprised if new bets don't appear on the site in the next few days.

Right, I forgot about the upcoming halving. That should give a boost to the price but maybe we will get a drop directly after the event? Similar to what happened with the approval of the bitcoin ETF. The days before, the price kept rising, even goes higher when approved and than pretty quickly after that, the price dropped pretty substantially.
This haven't been an issue in the past. There have been small sell the news events right after, but as you see from the charts, they are merely blimps next to pump what came after. So if we believe that history is bound to rhyme with itself (as traders do), so unless you are trying to long with high leverage, i wouldn't worry about that. And literally everything is pointing to new ATH later on. Only thing left to speculate is how big is this going to be. After all, bitcoin can't just keep on growing to new ath after another forever. Even though value in the world has been growing overall, it's delusional to think it wouldn't stop.

That said, i can't say that stacking sats in freebitcoin, wouldn't have been very valuable for people. And it could be for a long time before the ultimate ath is here.
339  Other / Off-topic / Re: Having a regular/steady income is important as a gambler. on: February 02, 2024, 10:30:29 PM
Gambling though is a risky game that the chances of winning and losing is in equilibrium but however in other for one to have a possibility of winning, it requires a steady income.

 Having a steady and regular income is very important as a gambler because it would enable you to scrap out money you should use for gambling, feeding, taking care of yourself and family and other miscellaneous.

A gambler who has a steady and regular income can have the possibility of winning because his gambling habit can not affect his personal obligations as a man even if he's an addict because being addicted to gambling doesn't actually implies that one will eventually stake all his money on bets but rather someone who plays gambling frequently. By having a steady income, he can take care of other life responsibilities without being affected by his gambling activities and moreover, someone who have a stable income can be aiming to win higher amount in his bets and might be lucky of winning one day and use the money to establish an investment.

Your thoughts on this
For sure, but this is a weird thread. As it isn't really a gambler issue. This is a life-issue. Anyone, not only gambler shoud have steady income. Otherwise how can they plan ahead? How could they provide food and clothes or a rood over their head for their children. Not to mention if you need to gamble. If you don't have steady income, hardcore gambling should be furthest thing from your mind. Focus on getting a job, or any sort of secure income. Plan for the future and get an education.

Only reason i can think of, for someone thinking they wouldn't need steady income is that they still live with their parents and get their food served and clothes bought. So they could play all their pocket allowance money.
340  Economy / Gambling discussion / Re: If a addict lives within, which method would you choose to help them on: February 02, 2024, 10:18:57 PM
Sometimes it is not easy to get out of an addiction problem as it is Believed , or as they say, yes, in part the Person who suffers from the Addiction has to put in his full Effort and will so that his things can see that addiction is a problem that It has to Affect that person and those around them, that one's own will to be cured is essential for that morale to be very high, but in part what must be done is that the people Around them can have a lot to do with it. What they can do for them , forExample a parent who goes to a psychologist can help a person a lot in that sense, not only can sometimes you get out of it, the people who are all the time looking for a way to Overcome this have to have help, sometimes they need someone's push to get out of what they are in , we as People who are intelligent, why should we see the niche of the rpobelma from every point of View , we Know that the will is Something that is must have , but its own to Review Everything that the treatment can generate.

People who are very Addicted lose their self-esteem , lose their security and Sometimes lose Sense of responsibility by indulging in addiction, who knows who is to blame? Is it the casinos fault? No, it's not the fault of the case or the game, that's primarily the addiction because the person allows it to happen, because they don't know how to stop themselves and put the most important things before their life, nor does a person who needs it have to do so much. your money in a casino, because it is something that is not viable, so in this order of ideas things should not be seen in that sense I was able to say that when we are looking for more ways to overcome things, an addicted Person sometimes needs good advice from a friend, good treatment, for the person to Recover psychologically from what they are suffering from, to get back to it,  his confidence and his way of solving problems.
It's never easy to get out, and we could even ask a question if there's a choice involved. When people are sick and have fever, we rarely blame them for being sick. Addiction is a sickness as well why would we treat them any different? But finding the blame is what humans tend to do, as they see this an issue with someone doing something wrong from their own free will. You are spot on that treatment is necessary, because these people need help. They obviously can't just snap out of it or they would have already done it. Reasoning addict can be very frustrating because they are not following same rules, and often have delusions of grandeur about their own capabilities and future.
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