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.
It's an irrelevant and pretty silly question. If somebody is rich then they will be sensible enough to have a diversified portfolio, otherwise they are simply gambling and not really "rich" because they could wake up broke tomorrow if it all collapsed (mainly talking about the more volatile crypto swings). They will need day to day living expenses, so will have a large amount of funds readily available in fiat currency regardless, it's an insignificant amount of people who go full die hard and try to live purely by spending crypto directly. To be truly rich they are most likely free of hassles like paying off a mortgage and have already secured a nice house which is ultimately a fiat priced asset. |
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As humans, we are conditioned to look for patterns in life and we gamblers try to make predictions based on what we see, while we are gambling. The reality is that these patterns does not exist, but we like to pretend that they do because it helps us to bring order to the chaos that are gambling.  Some people seem to think that your bet size will increase your chances to win, but that is simply a myth. The reality is that it simply means your payouts will be bigger when you do win. A lot of my friends believe that it is better to spin the Slots manually, because "Auto spin" are rigged by the casinos... but that is also a myth. A lot of things come into play when a bet is made and it has nothing to do with the "auto bet" feature. (Client Seed / Server Seed & RNG and RTP ...) Have you pressed the "bet" button, before the reels have stopped.. thinking that it will give you a favorable outcome on your bet? Well, I have news for you... the outcome has been decided in milliseconds after you pressed the button for the bet, the GUI interface happens long after that to display the outcome of the bet to you.  (Go into the developer mode of your browser to see this) What patterns do you see and how much do you believe in it? To take it another step deeper, it's worth considering that gambling companies know about this behavior and try to capitalize on it. Not only are these gambling "games" a complex and complete blackbox, they can be engineered in all sorts of ways to squeeze a player. Maybe it is a simple random number generator behind it with an odds correcting algorithm so it doesn't stray too far from the RTP advertised in their favor. However it could just as easily be running lots of different algorithms and data mining activity to figure out how to get you to deposit even more. Whether that involves giving you lots of little wins and slowly depleting your balance over time, instead of allowing you to go bust immediately, or what other psychological tricks they can create. |
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This discussion is not about gambling, it is about investing, but I will use gamblers to make an example.
Using gamblers as an example who start out with just the intention to have fun maybe and then along the line turn into addicted gamblers that gambling begin to affect other areas of their life like their wellbeing like they stop spending on some important things just so they can make money available for gambling. Now talking about investing, I think it is possible to become addicted to investing so much that it begins to affect your wellbeing, like the person stops spending on other important things like good food, good clothes etc. just so they can have more money to invest? Do you consider that kind of addiction dangerous and not good?
This is definitely true and can be applied to many activities in life. Everything is ok in moderation but when you start becoming obsessed with it or taking it to extremes, like being overly frugal, it is a bad sign. Not only that but life is for living - while money can bring you comfort and freedom, what does it really matter if you are old and too frail to have fun with your vast accumulated wealth as you pinched the pennies throughout your whole life. You need to find a fair balance and can do this with strategy, you might set a certain amount of your salary to "fun money" for example and you should avoid spending that on investing activities. Recognizing you have a problem is half the battle, especially when you're doing something that many people would see is productive and good for wealth accumulation. |
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A politician in the Philippines claimed to have had a hand in the development of the very controversial e-sabong platform he operated e-sabong so he can make a lot of money so he can use for the campaign, and his family to win local elections because the election in the Philippines is very costly many candidates are buying votes to secure their win, there were reports that he murdered their family's opponent because of e-sabong.
Do you think that government should have a rule or a law for election candidates not to have a franchise in any form of gambling, in fact, there are a lot of politicians who are operators of illegal small-town lotteries this is to accumulate funds they can use for election campaigns.
I'm guessing that there are already plenty of laws in place around these activities, I don't know the laws of the Philippines but you've called this game illegal. Beyond that, someone who is willing to murder people in the course of building their business empire are usually not the sort of people that care about laws anyway. Laws are only helpful if they are enforced equally and fairly, it's hard enough to get convictions in even the most advanced countries of these people in positions of power or who are able to afford expensive lawyers, but I can only imagine there is way more corruption in this country that means it's possible to buy your way out of anything by applying pressure in the right places. |
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I gave a couple of these to a friend who has decided to sell them, if anyone else is interested at the same price - drop me a PM or post here. Can get separate photos for them if there is any interest.
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Ever since Argentina's economy nosedived in 2018, it hasn't fully recovered since then, and annual inflation rate has been above 50%, and according to the World Bank, they have spent more time in recession more than any other nation.
At present, nearly 40% of adults live in poverty as against the 25% at the beginning of the crisis. But this fades in comparison to the first hyperinflationary crisis experienced by the nation from 1989-1991 where it surpassed 3000% annually.
To make matters worse, Argentina is expected to experience a drought and coupled with inflation, I think the economy is going to suffer a lot as this will affect their key commodity exports: corn, soy and wheat.
From the outlook of things, the government seem to be at their wits end, and coupled with the fact that they need to remit a lot of money back to the IMF, I think a solution for their predicament need to be thought up and fast.
Is this the point where Bitcoin comes in handy??
It's hard to figure out why Argentina seems to struggle so much with monetary crisis after crisis. Ultimately it is a failure in there governance and like many countries it would appear their politicians are more interested in self enrichment than looking after their people. They have had debt forgiven in the past yet managed to rack it up again, which is so very strange because they used to be the highest educated and richest country within South America. It appears the drug money of their northern neighbors has probably disrupted their more honest prosperity of the past. Whatever currency they use, including bitcoin, would not help to solve the deeper rooted issues that cause this trouble to repeat. |
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Have you heard of Superpicks on DSTV? where you can make predictions and win money without staking your money?
if you have not, check it out.
My question is can it still be called gambling if it is not played with money?
It's really not gambling if no money is involved and you might as well be playing Tetris (no offense intended to any fans!). Adding in money adds a certain edge to the excitement and the opportunity to make "easy" money via betting is what draws people to it and arguably gets them addicted. There is no comparable rush when you're just playing around with some virtual figure that has no bearing on your wealth in the real world. If people manage to find an advantage in any field of gambling, for instance being able to pick out a streak of profitable bets in a consistent pattern, then they could potentially bring themselves life changing fortunes - that's never going to happen when messing around with games that have no real world upside. |
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I don't know why some people in this platform are looking for what to eat at the moment, not know that they can invest in a potential projects that will put food on their table, and they will not lack what to eat and what to spend in future. I saw some message in the Bitcointalk.org where some users are trying to sell their account just to get what to eat not knowing that they can use that account to work to get a huge capital that will bring them out from poverty, and make food surplus in their home. I knew some senior members in this forum that started using member rank to work before they get to legendary to spread many investments around the country, because they didn't look for what to eat at the moment than to work hard to used their opportunities to invested in BTC before they became who they are today.
Will you invest now or you will be like that person that is looking for what to eat? It will be favourable if you can change that attitude of selling what will make you great in future just because of what will survive you at the moment. No way you will invest in BTC today and you will not have something good to eat because, investment is like a seed planted in a due season to expect something good in the future. Is it a good thing to invest or is good to continue looking for what to eat?
What do you think.
Why separate the two? If you are a wise investor and many financial investment books will tell you this, then you should always be looking around for what's popular. If you see a new shop or restaurant chain is especially busy, then it may be worth taking a look at the share price. If you are familiar with pricing and evaluating a company, you might be surprised that there are often quite a few gems that are overlooked but simple on-the-spot analysis like this can give you an inside loop before results are announced months later. This was a favorite investing strategy of Peter Lynch and it is a very sensible strategy, he was one of the highest performing hedge fund managers for decades. |
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i play slots hoping to win 'big win' or 'jackpot' but many times it don't hits and my balance get drained after betting many times in one slot machine. i play more bets hoping it already took my so much balance it will definitely going to hit this times, but it never happens, and my balance becomes "0".
so i am sharing some tips to avoid this type of losing streak or bad luck in slots.
here it starts:
1. always set a budget for playing slots and stick to it. do not chase losses or try to win back what you have lost by playing more.
2. if a slot machine does not hit in 7-10 spins, consider trying a different machine. this can help you avoid getting stuck on a losing streak and losing more money.
3. if you have been playing a slot machine for 50 spins and have not gotten any free spins or big wins, consider switching to a different machine.
this can help you avoid wasting money on a machine that is unlikely to pay out.
4. avoid playing slots from Pragmatic and Gamomat as they tend to have low payout percentages and are not as likely to result in big wins.
5. be careful when playing slots from Belatra and Spinomenal as they can be unpredictable and may not always pay out as expected.
6. if you do hit a big win, consider tipping any nearby players who may have been unlucky or busting. This can help spread good karma and keep the atmosphere positive.
7. avoid getting "slot psychosis" where you get stuck on one machine for too long. remember that slots are based on random chance and there is no guaranteed way to win.
so, take breaks, switch machines and remember to have fun!
8. first check the RTP (reward to player) and RTP should between 96%-100%
Ultimately you need to consider slot machines as a bit of fun if you want to enjoy them over the long term. Go into it being happy to throw away 5 to 10 dollars at a max in one session with the off chance you may hit the occasional 100 dollar payout. Just understand that over the long term, unless you happen to be getting a lot of freebie spin promotions on your account (it does happen with the rare gambling site), then you will be losing all your deposited cash in the end. It's a bit of a twist on words to call it a "reward" to player, it's basically a return (of your own money) to play calculation and anything less than 100% means that if you play long enough the house will win it all. |
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At first I thought is power than anything, later on I said it's should be economic resources, then I realizes is money. I will give a brief poem here! The breeze blew and stake moistures and when it blew hales, it was just the breeze moving while the moistures is running away with fears.
The mist of human fears is control by what is next to their breath. Money has power than anything, money makes one feels secure, alive and superior. When money leaves we felt life is gone, we feel dead, we feel empty, we feel hopeless.
Currently my country government has turn humans to museum, moving without no direction, helpless and monuments because for over 3 months now the government has seized to release money in circulation, banks refused to fix money in ATM's, no canter payment.
Everyone is helpless, no money no good food, no transportation, no job, no love, no smiles, no good health.
Money drives away every feelings that makes life better. Money is truly powerful
It's hard to distinguish the two when you're at a certain point, but politicians can certainly use their power to enrich many people who may return the favor later down the line. It's slightly harder to do it in more developed and democratic countries, or at least it's marginally more likely they would be exposed with consequences compared to a authoritarian state like Saudi Arabia with their latest king. Money can go a long way towards making you more powerful, but those in power may also find ways to strip you of money if they can manipulate laws against you. Even in the richest developed countries, politicians do very well and use a lot of little loopholes to hide the enormous wealth they're able to build. |
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Many years ago, I heard the story of a man whose business partner did dirty. They were business partners for almost 5 years and the suddenly the business partner left with company's money. Even after several years, this man didn't recovered. He ended up sounding it as a warning to his kids never to go into business with anyone. The trust was destroyed and never recovered. This is just one of those sad stories.
On the other hand, there are many success stories of friends who went into business together and succeeded to together. If you have ever gone into business with a friend, what were your biggest concerns and how did work through it.
Like many things in life, stress, greed or close proximity can bring out traits in people that you have never seen before. You better be damn sure that you know the person you're going into business with very well, even then it is liable to end up in disaster. There have been circumstances where it has worked for people in the past, it takes a very narrow set of the right ingredients, but what you don't hear about as much as the many failures and falling outs that have occurred. Disputes about money or whether people are contributing the same non-monetary inputs can put huge strains on relationships, so you'd probably be better off not going into business with people that you really want to remain close to. |
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Hi friends, I have some questions for you guys about online casinos
What will you do if you don't know that a online casino will ask you for KYC after winning over 8,000$ on the platform? And you now manage to process with the verification and they failed to pass you? Can you consider such a casino a scam?
Also, imagine you get attracted to an online casino because of the bonuses they offer and you open an account and make your first deposit then you didn't receive the promised bonus, is this an act of scam or not?
I am trying to solve such an issue for someone very close to me and that the complaint he gave, I have no answer than maybe the bonus was canceled already before he made the deposit or there was a minimum deposit requirement.
Any other reasons?
What people often willingly and conveniently overlook is that these very same casinos state these - usually quite near the top - of their terms of service. At this point I'd be more suspicious about a casino that does not require KYC, as most jurisdictions, even the notorious ones where you can buy a license, are now starting to require this setup. It also helps the casino/sportbook from being defrauded, because most of the biggest ones offer pretty large promotions and the only way they can do that is if they know each customer is genuine, if the same customer tries to get around the protections (trivially easy to do unless a verified identity is involved) then they stand to lose a lot of money. |
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To make a living, we must work. In uncertain days like now facing the global economic downturn, a stable job with high income becomes a scarcity. A side job or business seems like more necessary than ever, which can minimize the risks of losing your current job, ending up pennyless. However, a side job/business also takes time and efforts and can never be attained whenever we need it. What did you do or will you do in order to ensure your finanical stability despite all unfavorable circumstances ?
It seems kinda obvious that a side business would be useful to your financial stability, as long as you manage it well enough to determine whether it is profitable. That is surprisingly overlooked by many people who go into business blindly without figuring out all the costs, you probably want a decent margin in there and not just to be scraping a profit (which can easily get lost in small deductables like fuel to drop off parcels or stationary costs which might be overlooked in calculations). It can also help to build a structure and routine, which is missing from some peoples lives and can actually be very beneficial for people. It teaches new skills and involves some innovative thinking most of the time, so generally a side business will be helpful. |
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Recently, Stake has lowered their bonuses drastically, lots of users to this date complain about it in their own forums ... last Friday BCgame said "Rakeback will no longer be available"... "We appreciate your support and understanding".... another well known group is investing less on their current site and starting a new site with a new domain, and if you google search "Curacao" then some article from 18 hours ago about Curacao being investigated for money laundering" is popping out, not that it seems to be a major thing but who knows...
Long story short - is something happening now? Is there something big that's happening behind the scenes and no one wants to talk about it other than behind closed doors?
Yes, Google, Amazon many other giants had to cut down costs, staff and more, but why crypto gambling sites? Aren't these growing now and replacing the failed traditional sites that take 3-4 business days to get the user paid?
What's going on behind all these cuts and cuts ... is it something bigger? is Binance in trouble? just preparing for rainy days? or is it simply about profits?
Is anyone else feeling like something is wrong here?
It could just be coincidence, there are many big gambling sites out there and if a couple happen to pull back bonuses for a little while it's nothing major. In the bigger picture and only tenuously related, financial regulators are taking a much deeper interest in any companies that are related to crypto right now. Two of the biggest person to person exchanges have closed in the last couple months, after almost a decade of doing business. It's not hard to companies to be pressured into closing if that can happen and the fact that Binance does not play ball with US authorities is a big black mark against them. There's also the Silvergate and Silicon Valley Bank bank scandal which fell over and they were used by a lot of crypto companies. |
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Living on assumption and promises is more like spending money you haven't received. People can make promises but how sure are you that the promise will be fulfilled.
I will give you #5000 on Monday, how sure are you that the money will come in on Monday? Promises and assumption has caused alot of people there job, imagine leaving your recent job because a friend promise to get you a better job. This may even cause someone his/her life if one base most of his/her lifestyle on promises and assumption.
I could remember when one of my friend put himself into serious debt believing he has already won a huge money from gambling. This was some year ago, match between Besiktas and Benfica. It was the last game of my friend's ticket. After 3 goal ahead by Benfica in the first half, he believed the game was over and Befica has won. He called us to celebrate. We started drinking and eating at a bar to celebrate this. After the end of the game, we were shocked as the game ended up in draw with 3- 3. This landed my friend into serious debt that took him some weeks to pay.
Similar stuff happened to me when I spend my finance school fee believing my salary will be paid in two days time but was shocked after the salary was prosponed due to some reasons. The school fee was needed urgently and this put me into serious issues but thanks to my friends who bailed me out. This same issue has happened to us once or twice in our journey of life.
Economically, this can affect our business. I have #300,000 to start a business. My Uncle promise to give me #200,000 to add to the business. Therefore,I made a plan of #500,000 for the biz. It was an agro business (livestock farming- piggery) so I start the business with my own capital. I acquire a portion of land and make some structures with all the #300,000 I have believing I will stock the farm with livestock with the money my Uncle promise me. This was a serious shock when my Uncle come up with stories and couldn't fulfill his promise. This render my plans useless. Remember I could have start the business with the #300,000 I have alone although in a smaller form. I have to get loan to balance up with this. If not for the loan my plans would have been highly be affected.
It's better for one to learn how to plan on money at hand and not on promises and assumption.
The first example where your friend placed a bet is quite a common feeling for anyone who has been investing in companies a while or engaged in games like playing poker. There are situations that make it feel like you've already secured a win, but celebrating too early will lead to great heartbreak. There's an example in the gambling section of someone who placed a million dollar bet at 1.01 (odds the represent the player is extremely likely to win) and who ended up losing, so it could be a lot worse. The real moral is that even sure fire predictions can lead to major upsets, at least if you're doing something like buying shares in companies you have many opportunities to cash out on the way down, whereas gambling tends to be completely binary (you either win or lose immediately at the outcome). |
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I am just curious to know why people favor one Sport over another, when it comes to betting? Is there specific Sport that increase your win chance or do you bet on those Sport for other reasons? I know most people will favor certain Sport, because they know more about the players or the teams and information is power, when it comes to betting... but some Sport are 50/50 when it comes to the outcome of the match. (One lucky punch or kick can make a underdog a champion) Please share your thoughts...  I kinda like betting on eSports like Fifa as the games are much shorter and the odds can be much greater, however you really have to get a feel for the skills of each player and get the bet timing correct. If one player is able to get a couple goals ahead then it gives them a huge advantage (much like regular football) and the price is much better than you'd get in a real world match. Surprisingly not many sites have them and I've found that the ones that do can be a bit erratic - not always having them on a regular basis or stopping them for long periods, the logistics of these games must be difficult to manage? If you follow the teams and players outside of the betting site, sometimes you can make strong picks. |
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News and every where about crisis and food crisis
T b honest i go to shop and all full of food never had problems with food.
I must get 3 meals per day i couldnt function any less then that if i eat less its a suffering for many people.
People not into suffering struggle games, sure the goverments will get a lot pressure from their own people if they start to play with food.
Also im waiting economic bears but everything going up everybody spend money eating out and i dont see crisis.
Wherr is the crisis and where is the food shortages??
Im full of food i dont see any food shortages also i dont see any supply chain distruptions...i go to all shops and i get everything fine.
The crisis are not nowhere id like to see some real crisis but there is nothing everything is just fine
The people who are really worst affected are those at the very bottom. If you make three dollars a day, spend 2 on housing and the remainder is for everything else, then if food prices double it means you don't get to eat. Most developed countries have a big spending buffer where food makes up a smaller portion of our monthly budgets and sophisticated logistics chains that benefit from scale. If there is one lorry which transports goods to a village in Africa (for example) and the fuel + maintenance costs shoot up, then those costs are pushed straight on to the food prices - along with the long chain before it. |
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Base on one of my recent post titled"Common Money Mistakes Anyone Can Make"( https://bitcointalk.org/index.php?topic=5448160.msg62062701#msg62062701). One of the serious point there is SPENDING MORE THAN YOU EARN. I believe this should be discussed as a separate topic as it's a very crucial part of ones financial life. Spending more than you earn make ones keeps accumulating debt from expenditure before getting income. This isn't good for ones financial life. With this you hardly save money but keep accumulating debt. It’s better to avoid debt if you can. That way you’ll avoid paying interest on what you owe. Below are ways one can easily stop spending more than you earn: CONCLUSIONIt's good for one to satisfy his/her desire when making purchase of items but this shouldn't cause issues in ones lifestyle. The key to stop spending too much money is to create better money habits in your daily life. But I know that’s easier said than done. Putting one or all of these ideas into action, helps in building a healthy spending habit. Take control of your spending today and you’ll reap financial rewards for years to come. With the rise of streamers and influencers, the spending mentality has never been stronger. It starts when you are young, as endless "celebrities" are constantly showcasing all manner of luxurious goods and services. By the time they have millions of followers, they can afford these things without a second thought - it is like someone on the average wage losing a penny. If you've got a ten million in the bank and spend a thousand on a pair of headphones - it doesn't affect their wealth much at all. If you have ten thousand in the bank it would be a huge chunk of your net worth to copy them. |
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It's been awhile I try daily to make profit
Stake casino mostly mines
But it take back profit.. I have 2k balance.. is there method
To get 100 $ per day
If you have to ask such a question then the answer is no. You will not make consistent money from a casino, it is not a job and they are not a charity. Unless you enter a game where skill or talent is involved, you are purely at the mercy of simple maths which is geared to profit the casino and not the player. You should look at a game like poker and potentially sports betting, both of which have players which make a profit, however they likely went through years of training with a lot of losses along the way. Money does not come easily through gambling, unlike what these companies would like you to think. |
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I don't invest money easily in any asset because of fear of losing that money. i think of investing 80% of total savings.
do taking risk is important or not?
please quote all question and answer it's very helpful for me and others.
When it comes to investing you should do lots of reading beforehand as that's what made me more comfortable. Some people think it's some dark and magic art, but it all related to the real world of business that we live in. If coke sells a billion bottles a year and then figures out a way to sell a hundred million more - it's quite possible it will make more profit. You should definitely look up and use index funds instead, as for the majority of investors this will be what they need. Being able to weather the downs as well as ups is very important, so you need a strong stomach. |
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