I think there should be more discussion warning about scams here.
This particular scam is pretty old, and goes all the way back to a time where slot machines were physical coin toss and lever machines with actual spinning parts.
Back then it would actually kind of make more sense. A "loaded" machine could in theory give out more rewards.
But people unaware to the scam wouldn't know that hitting a jackpot doesn't actually pay from the money the machine holds anyway even back then. So we're talking about a scam that has been around for ages actually.
But surprisingly it's made a resurgence.
There's scammy ads and promotions all around. Someone claiming that if you pay them x amount of money, they'll give you some very secretive sets of information about what slot games to play and when, in order to get surewins.
It's important to emphasize that this is an outright scam. Slot machines, especially virtual ones, are based on chance alone.
So the term "loaded slot machine" does not apply at all. If you have ever seen someone believing in this myth, do your best to dispel it.
If we're going to gamble, at least we should be educated about it and do it in a healthy manner, without falling into the trap of fallacies.
There is nothing particularly sophisticated in this scam, it just leads back to the old adage - a fool and his money are easily parted. Anyone who uses just a little bit of common sense would determine that what you've described is complete and utter rubbish. You have really got to be desperate and suspend all rational thinking in order to go along with something like this. Like with many things in life, just stick to a few ideas like "If it sounds too good to be true, it probably is" and "Why if this is such a successful and money making endeavor, would someone be selling this magical trick and not milking it for every penny themselves?". Honestly, it's such a dumb concept that people who lose money to it might need to be taught that lesson the hard way, because it's the only way they will learn - with a painful memory. |
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If you want to get rich, you have to become immune to the money. What does it mean? - Do not desire your own money. It turns you from a producer to a consumer.
- Do not desire the money of others. Envy is a deadly sin. Because it will distract you from your own mission.
- Do not desire the money you will make in the future. Desire good work right now, You don't want cash in, you want to serve.
Only this way you will get rich from zero. How true is it? I want to ask the successful people here in this forum. What kind of rules or strategies that you guys use which led you to your success? This is just advice for having a good and healthy life in general. You should not envy what other people have and keep your head down with hard work. If you focus on improving yourself, you'll live a much happier life in general and nobody should be wasting their time wondering what other people are doing. You should definitely be putting any money you are able to get to work however, as too many people out there will frivolously spend on unnecessary rubbish. Not sure about point number three however, because people should often be seeking out ways to improve their own salary if they want to stay ahead in life, the minimum wage is always creeping up and often employers will take advantage of any people who don't ask for raises. |
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VPN is something that is popular and widely used, including for gambling. Regardless of privacy issues or access to sites that are prohibited in a country. Regardless of whether a casino's policy allows the use of vpn or not, are there any differences in protection for gamblers when they come from countries where gambling is legal?
Such as protection for gamblers who are cheated by casinos because their games are considered suspicious or because their accounts are blocked unilaterally by the casino. If yes, how do report it? if there isn't then there is no difference between countries that legalize gambling and those that don't
If you want to be safe when using a gambling site, you should really avoid ever using a VPN, as you will often find that they are explicitly restricted and forbidden in many terms. They unfortunately are often used by cheaters and abusers to hide, which makes them a target for casino companies who can only block them to avoid issues. They are often also shared between many users, which mean you might get accidentally mistaken for someone breaking the rules as there are few ways to identify you reliably outside of the IP address. If a casino does not want your business, because of jurisdiction limitations, you might set yourself up for failure when trying to cash out when you have to supply identity documents that say you are in a country they've banned from accessing the site. |
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A wise man once said "Entrepreneurs are problem solvers" usually looking for new ways and solutions to both existing and newly discovered problems. So, the word innovation and entrepreneurship work hand in hand and cannot be put separately
Although the words business and Entrepreneurship have been used interchangeably they aren't the same. While Entrepreneurship has to do with the indulgence and bringing up of something new despite the risk, while, business has to do with capital and profit straight up. Here, you buy other people's products and sell them at a higher price.
Both have risks, but that of Entrepreneurship spells out risk itself. Even though I can't shake off the fact that entrepreneurship is simply capitalizing on People's problems to make a profit, I can say that entrepreneurship has positively helped a lot of people.
So, if you had the opportunity to invest your money into something would it be to start up something regardless of the amount of risks that come with it, or would you rather open a business or make a simple investment into assets?
Maybe it's more like problem solvers are entrepreneurs, instead of the other way around. People who are looking for better ideas and ways to improve the situation around them, will naturally make good entrepreneurs but they may choose to stay within an organization or company, rather than branching out to do their own thing. You can be a problem solver without wanting to bother with creating your own company or taking major risks however, some people get very well compensated within existing companies for doing just that. It's also possible to solve problems by over engineering as well - if you make something vastly more complicated or expensive, it is not necessarily a better solution for the majority of people. |
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I am curious to know who are their targeted audience and at what age group. In general gambling people target countries like thailand more but probably this is not the case with crypto. Do they target nerds or total dumbs? How efficient they are between their marketing tactics?
They will use every trick they can use and they are always looking for the best trade off, between cost to purchase marketing and converting users into paying customers. Often once they reach "critical mass" and become self sustaining, they will often have a lot more freedom to test different advertising mechanisms out. They may even float them for many months or even years if they are at the right price point, just on the off chance that low key adverts could send one or two whales their way which they may not even be able to measure. They are primarily looking for betting people, plenty of them might have intelligent but they have a blind spot when it comes to pouring their money into these games or they do it with eyes wide open. |
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This might appear a mere or cranky question but yeee. Its been one of the interesting discussions raised by the average and vulnerable citizens in the country usually at when the masses feels the governments are playing over their intelligences and making caricature of them and yet this question keep staying questionable even after being answered.
Question: Why does the independent, developed and productive countries still borrows money from the World Bank even when they have enough to execute their excused reasons given why they have to borrows the money?
I am interested about this because in my country, we are independent and a productive country with revenues ought to be contented enough to execute the projects in demands of what they still borrows from the World Bank for and yet there is no economical improvements in the country instead we are running economical backwards.
You say this is happening, and maybe it is, but why don't you give an example of these countries that are in such dire straits that they have to borrow when they can supposedly afford it already? I can't say I know of any examples, the world bank is the equivalent of a pay day lender, no government wants to go cap in hand to them as it admits their country has hit rock bottom. There are often some quite heavy strings attached to unlocking loans from the world bank, like concrete steps and law changes that could be very uncomfortable for certain established powers, like oligarchs who might have their little fiefdoms threatened and try to strike back at politicians. You might think you live in a productive country, but it's a race to the bottom and hard to be profitable these days. |
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Gambling addiction has been known to be associated with serious funds loss, bankruptcy, unsettled loan involvements, properties auctioning and other irritable financial behaviors that depicts frustration and desperations from the victims.
A little more observation shows clearly other effects of such addiction to just not the addict alone, but those around them, be it friends, family or neighbors. Here are a few of them:
Negative impression on children/ dependents: His addiction can corrupt the good intentions of the younger generation looking up to him for inspiration, they may grow up to see gambling as a way of life and follow the wrong footprints.
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.
What I've seen in life so far is that there are many different personalities, which can be a product of their upbringing and environment, but you can have people who lived poor and happy, or those who lived rich and angry - with the whole spectrum in between. If someone has got hate or nasty traits in their heart, to blame gambling on amplifying them is a bit of a cop out, if it wasn't betting they might still be likely to express those traits being triggered by something else. Stress can really mess people up and will bring out the best or the worst in some, but it doesn't excuse bad behavior. Knowing how to be a good loser, self evaluation on how to avoid that predicament in future and when to leave is one of the important things to learn in life, instead of taking it out on others. |
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We know that regardless of the prospect of any business or investment, understanding the risk involved in the business is an integral part of the consideration one should consider before venturing into the business and when it comes to bitcoin investment, it's very basic yo know that the major risk associated with it are just a few of the ones below which could either be issue relating to hacking, lost or misplaced seed phrase or possibly sending your crypto holding to the wrong address considering it irreversible nature.
In our normal business we have risk also that are damn much which could range from fire outbreak, stealing, bad market, spoilage and lots of other factor that makes starting a physical business very risky and to have high possibility of yielding great loss.
so my question is, which is more risky?
A). Running a physical business that has a whole lot of risk associated with it or
B) running an online investment with high risk of hack that could result in you loosing all your asset.
This isn't really a sensible comparison. A business produces something, it turns a good or service into revenue and ideally a profit. People tend to run a business if they can see a profit in it, whether that is going into a steady mainstream company like a barber, electrician or dentist. Optionally you have high risk businesses that try to be pioneers in new areas which may have zero competition or heavy competition, like marketing or trying to get in early on a new product that is hyped up at the moment - think fidget spinners. Whereas buying bitcoin is doing nothing of the sort, you are simply buying with the belief that you will one day be able to sell it at a higher price, when none of us really have an idea which will it will go, continue upwards or get displaced by something that causes it to trend downwards. |
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When I saw a survey indicating that the majority of voters chose the player that only a handful of experts expect to win over the player that has proven to be more dominant, it blew my mind.
I am talking about the boxing match between former champion and big star Anthony Joshua and mma star Francis Nganou. However, I remember not long ago I refused to place a wager on Real Madrid because I desired Girona to win La Liga. In addition, wagering against the Los Angeles Lakers when matched with the best NBA teams is difficult for me.
I want to find out if there are individuals like me. What percentage of the gamblers in Bitcointalk are wagering and not wagering to their dearest star player, club and team?
This is perhaps leaning into the realm of personal biases and deep subconscious discrepancies that are hard for a gambler to understand. It is why clean and simple, mathematics driven odds simulation by the data scrapers that allow bookmakers to come up with odds, will always beat the average joe who will generally be poor at making anything beyond a simple decision, like a top league football team beating a lower league football team being statistically likely to happen. When you get into things like multi bets, most individuals won't stand a chance at winning them consistently over the long term and they are one of the most profitable areas for sportbooks. People naturally tend to drift towards familiarity and it is quite impossible to stay up to date with all teams and players at a reasonable level. |
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Quitting smoking has two big benefits, and I've been doing it for over 3 months. And both can be said to be long-term investments, apart from long-term health, the money used to buy cigarettes can also be used to invest and I invested in Bitcoin.
In one month I can spend approximately $90 to buy cigarettes, and the price of the cigarettes I buy is around $2/pack for one pack a day and sometimes more than one pack.
And by quitting smoking, I was able to increase my regular monthly Bitcoin purchases from a portion of my monthly salary as well as $90 per month in cigarette money.
And I definitely felt a difference in my health and also saw a difference in my Bitcoin holdings after increasing my purchases, and I wish I could do it forever. Honestly, even though I don't do it, sometimes I am still tempted to want to smoke again when hanging out with friends and also at certain moments.
And the strong reason I stopped smoking was because my wife likes to nag me if I smoke at home because I have small children, and over time I decided to stop smoking. And previously I tried it several times but failed, and now I haven't smoked for more than 3 months and I hope I can do it forever because it has two extraordinary benefits. Health and can increase my investment.
Everyone who smokes should seriously seek to stop, I did it for a long time myself. It is a disgusting habit that will send your teeth yellow, give you awful ashtray breath, make your clothes and anything you touch stink along with destroy your health. You might start in your teens or in your twenties, but by the time you hit your 30's or 40's it is not impossible to stop, you just have to mentally prepare for it and be aware of all the things that trigger you, then have a plan for keeping your hands and mind busy - the urges to pick up a cigarette are strong at the beginning, but as you reformulate your life back to normality, it gets so much easier. 6 months or even a year in you'll have saved yourself a massive amount of waste and misery in so many different ways. |
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Recently, I have come across a post on this board that has to do with something related to superstitious beliefs and gambling. In the post, the poster was giving an instance where somebody's father gave him a game to play and he ignored it, and when the game ended, it happened that what he was given happened to be the result of the game, and the same thing repeated itself the second time where his father came again and asked him why he did not play the game and gave him another, which he failed to play again. However, I am meant to understand that some people go as far as visiting seers and the rest of the spiritual houses to help them play or see the outcome of the games they want to play so they can win big.
So I was wondering if there is any connectivity here, or do you believe such could happen in your own situation? Can you do such a thing to win? Have you had the experience of going to such places to seek predictions on how the outcome or results of games could be if they worked in your favor or not? Have you had anyone say or tell you such before and how their experience was?
Let us discuss and share your experience so that people could hear and learn from your story in the quest for you to win a game that led you to doing or going that extra miles in such engagement.
This seems to almost delve into the religious side of things again, or pretty much the super natural is another way to spin it. At this point, you've decided to stop finding your faith in science and basic mathematical odds, in the hope that "thoughts and prayers" will magically make you rich, because that is what everyone is essentially looking for when gambling. That itself, the underlying greedy, would tend to go against many things that so-called spiritual leaders are against - they teach to be humble, selfless, and giving - not wasteful. All that money you're pouring in the hopes of multiplying many fold, and not to give away after you win, is purely for your own self interest. It's just a layer of hypocrisy if anyone does this, but I don't think they do. |
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In general, leadership describes a close relationship between a leader and a group of people who are led because of common interests. Leadership is the central point and dynamist of the entire process of organizational activities. Leadership is absolutely necessary when there is cooperative interaction between two or more people in achieving organizational goals.
Paul Hersey and Ken Blanchard in the theory of "Life Cycle Leadership" which was later renamed the theory of "Situational Leadership" (1969), argued that the essence of leadership is achieving goals through group cooperation. Leadership should be placed at the front followed by management. Why leadership must be placed first is because leadership basically reflects the leader's process of creating a vision, influencing the attitudes, behavior, opinions, values, norms, and so on of followers to realize that vision. The figure of a leader is very important for the economic growth of a region because the rules he makes will boost the rate of economic growth when it occurs effectively. investors will also feel comfortable with the right leader because their trust in their funds is well maintained, now there are many examples of countries experiencing good economic growth because they chose the right leader what about you, do you agree with the right leader can make your life as a citizen, businessman or an investor comfortable? It's obvious to anyone who's been in a professional or at least medium and higher size workplace that having the right leaders is needed to keep a company cohesive. Not only can they be the figure head of companies, but an effective company will need many decent leaders all throughout the chain and playing their respective roles. If you're running a food processing factory, you need to be as confident in the marketing team as you do in the hygiene team, that all the right steps are being taken to benefit the company. You also need a leader that is balanced, because being too kind or being too aggressive, or even too volatile, can lead to a unhappy or unproductive workplace for all. |
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A lot of people have been clamoring about how gambling has ruined their life but same gambling has set some people up for life, just like every other form of investment there must always be a profit or a loss. And life is so balanced that what works for Mr A might not be the same that works for Mr B. Likewise in gambling, while some are crying about their loss they are some who are smiling and celebrating their win.
Gambling has been seen as a very dangerous thing base on some people's point of view here in the forum whereas in reality it has given some people the capital to start what ever business they want to do. My point in this post is that we shouldn’t just paint gambling all black because some people have fail to stick to the discipline of gambling.
I believe that before one make a decision in life, they should've already weighed the consequences of making the right or wrong choice, then put their fate on luck coupled with their little knowledge concerning what they're about to decide on, so why complain and play the blame game when things go wrong? "Share your thought on how gambling has come through for you if you got any".
Everyone makes a choice when they first sign up to a gambling site, they either know that they will lose their money eventually or they have a plan to make what little they can and run away with it. If you play the game properly and happen to live in places where it's available, there are a whole host of opportunities to make money with "matched betting" and welcome bonuses. If you have the discipline to unlock this free cash, you can leave the gambling scene a winner and never return. Optionally, there are many free games out there and you can play them as long as the casino doesn't ban your account. People who talk about being unlucky, are the ones who didn't do research and figure out that the mathematics is stacked against them ever winning. |
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Not a day goes by without a tech company announcing major job cuts. Today Paypal and Block (both payment service providers) have announced a total of 3500 job cuts, and recently Salesforce, Microsoft, SAP, Google, Ebay etc. have also done so. According to https://layoffs.fyi, 25,000 documented tech jobs have already been cut this year. What do you think? Is it just a shrinkage and normalization after the strong build-up of the workforce during Corona or a long-term trend that will accelerate through the use of AI? These companies are often in quite high profitability, so they could probably spare this excess slack - but they do have a legal duty to their shareholders to make the maximum profits possible. Businesses can also change over time and a dynamic business is much more likely to survive in the long run. Those who do not adapt will die out and even more jobs might be lost in that scenario. Then some business sectors just disappear entirely, which means new avenues for profits must be found or the remaining departments could be better optimized. These companies are back on a high after having rather huge dips over the last years, at least in the stock market, which showed that they are not infallible to the ebbs and flows of the economy either. |
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A family member reported to me that her eighteen years old son has started gambling. She is not worried that he is gaming but her problem is that he is a student that solely depends on her for everything he needs. Her fear is also that her son might start stealing from her if he has no access to the money he needs to gamble. My relative has even started suspecting that some money she feels was misplaced might have been stolen by her son.
I spoke to my nephew and he told me that he has never stolen from his mother to gamble. And he gambles with only his savings from his weekly stipend he receives from the family. And he won't gamble if he has no savings to do that. From my observation, he is a responsible gambler that is just enjoying the game and making a little money occasionally. The gambling age in my country is 18+, but his mother is insisting that he must stop. What will be your advice for this young boy?
It sounds like a dangerous road to walk down at that young age, when there are so many more interesting and better things to give them variety in life. They should be out making friends, playing games, socializing and traveling with that sort of money. It also makes it harder when they start getting paid work, because they've got gambling on their mind and the amount they start to plow into it may go up. If it were a family member of mine at such an age and you are around enough to influence them, really try to move them away from this and help find a new hobby - take them kayaking, get them into an MMA gym, even just going out for hikes, as they may not have many friends to do these things with and end up trapped trying to fill up their time. |
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Look, you can be old and rich or young an poor, but being old and poor is bad shit.
A surefire way of doing the wrong kind of things is to spend your money early or try to live a good life quickly without thinking about the future. Or if you have an ok job or income to think that is enough, even if you cannot save.
All young people, understand that time an money are linked. It is not the same to invest early than late, it is not the same to invest more early that try to invest more later. 100 is worth 100 today, but 800 in 20 years if you play it safe but well. Make no mistake, you will need to start creating your wealth.
The youngest have the most powerful thing at all when it comes to finance: time. One thing that many of the richest self made people on the planet did when they were growing up was to experiment with many different strategies and allow themselves to fail, because it gave them experience and the ability to refine their skills. It is applicable for all fields of life, utilize those first ten or twenty years of adulthood to figure out how to make money, or even how to lose it, because you may be the one person who can swing a profit in a new area or come up with a mixed concept that has found just the right time to work. However, when you make a decent amount, be sure to start saving and diversifying because it can come to a stop more suddenly than you might expect. |
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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.
I'm not sure really, because you can have different types of enjoyment out of gambling and two people at different ends of the spectrum might find it equally entertaining. Someone who is closer to retirement age, if they've gone through life to that stage, could be well versed in risk management and fully in control of their finances, yet might still like to place a small bet on the weekend - a parlay even - and get an extra bit of joy out of watching their favorite team win. Younger people may also have a lot of cash to throw around, if they got lucky and found a well paying job, of which some could end up on giving them some extra thrills. However younger people are perhaps more susceptible to falling down the path of addiction due to a lack of experience. |
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My bold call 80% real estate crash.
The assets wich are not traded on exchangers like cars and real estate Are by default like NFT the price goes up only If someone will buy with higher price.
The art and Luxury goods and watches also about to fall.
Btc,gold,oil,Silver,and all the other assets listed on exchangers and have a lot funds to lock the lowest prices Are much Safer.
Now it's time to learn hard way If you don't understood markets you better not even spend money to buy home without learning first how the finances and market works.
Silver i would'nt buy because germany producing silver a lot and there is more suplly of Silver than demand.
the whales using the "falling locks" specially for btc so that's btc is far more safe Investment now than real estate. Becouse assets wich traded on exchangers have only limited downsides priced in monthly lows and highs.
Make that "your dumb call", but then again you've not even specified which property market we're talking about - China? America? Europe? They all have vastly different dynamics and while loosely connected have large differences. Some markets have 30 year fixed mortgages which are not affected by short term winds, others are newcomers who have tried to grow very fast and are likely unstable or other markets can be driven largely by renters so are less bothered by price changes. Then again, there is not much correct logic to anything you've posted, as you spring from real estate, to precious metals and then the stock market - try to analyse one thing instead of many, because even in the worst financial crisis for decades in 2008, the property market barely dropped 15%. |
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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
Unless you have acquired a special talent for some form of gambling like poker or betting on horses, it's pretty much unavoidable for any adult to have a job - although we all go through periods between jobs or some people might stick in education until much later than others. Anyone that wants to place a bet should be funding it through money they've earned themselves, because the alternative would mean you are leeching it away from some other source and probably shouldn't be spending on this form of entertainment. It will also keep you much more balanced as you're betting, because unless you've earned the money you won't know how hard it is to make it. As you say as well, the structure that a job gives your life also means that you don't spend all your spare time on this. |
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There has been extensive talk about how social security systems around the globe are having issues due to declining birth rates as well as a decline in the quality of employment for younger generations. But another less often talked about issue is that almost nobody is able to make savings anymore. Think about it. We all know at least some boomers. Most of them bought a car in their teens, a house in their thirties, went on frequent vacations and still even with all that were saving money beyond just for retirement savings. Since that time, wage growth had stagnated, house prices have skyrocketed, and the purchasing power of the average salary has been going down. So aside of the social security bubble potentially bursting in the future, there's also a bigger underlying issue. Purchasing power has only been getting worse from generation to generation, and thus being able to make any savings is already a distant dream for most. Younger people just keep working more for less, to s point now where mostworking people can't put even a single dollar aside. Could there be a solution for these issues? Economists have long argued about the strengths and failures of our economic system, but alas it appears as though "trickle down economics" has failed humanity. So, do you agree that radical changes are needed? It was inevitable really, the "West" had things very good and easy for a long time, but other countries in the world - huge ones like China and India are fighting their way up. All these materialistic things in the world come from finite sources and when there are more consumers around it means that purchasing power in these big importer countries will go down. America used to produce a lot more of the stuff that they used, then they decided to export it to places like China where it became cheaper to make, now the Chinese have a taste of the good life and don't have plans to turn back. Countries like America and the ones in Europe have had good times for a long time, so they will need to adjust to this new reality. |
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