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1  Economy / Gambling discussion / Re: Always check the deposit address on: April 06, 2024, 04:26:40 PM
This is not new warning but I think people might need to be reminded about this after experiencing this personally just now. I recently made a loan using a casino wallet address, I check the wallet address if it’s the same before I ask the loan and I confirmed that it was the same.

The problem comes when the loan is already sent while my casino wallet address update right after the loan amount sent. Take note that I’m using same wallet address since I play to this casino for about 3 years and they just update my wallet address some time after I post my loan request here.

To make the story short. The balance is not credited but after a lengthy discussion with the support and after sending proof that my old wallet address is still the same when I made the deposit(loan) then they recover my funds out of good will.

The lesson here is always check the wallet address before you deposit no matter how long do you use the same address. Most importantly don’t use casino wallet address to receive funds that has a delay such as loan money and campaign payments since there’s a chance that they will update their wallet address without prior notice. Keep safe and have fun.
Yeah, you should always check your deposit address and make sure you are sending to an address that you own. But,
1. Why would you take a loan and send it to an address that doesn't belong to you? You should send it to an address in a wallet which you control and then send it to the casino to avoid such problems. Even if you send it to an old address, you will still have access to the funds since you have access to the keys. Moreover, before moving any huge amount  of funds, you should always send a smaller amount as as "test" to ensure that you are receiving it without any issue.

2. The casinos shouldn't have any problems recovering the funds. I don't know why they made you prove that the "old address was yours". All addresses assigned to you are associated with your account.
2  Economy / Economics / Re: Does sound money have to be Private? on: April 06, 2024, 01:08:35 PM
Over 95% of the US dollar is digital and all of the digital dollars are in the custody of a Bank.  When you make a purchase or transfer your US dollars your transaction is tracked and approved by the bank and by extension, the US Government.

Can you consider a transaction that is monitored and approved sound?

I think for a money to be sound you must be able to transact privately with no third party in the transactions.

What do you think?
It's a centralized currency that is controlled by the government and "belongs" to the government. So yeah, of course the government is going track how you are spending those money. For some people, they feel safe when using FIAT currency knowing that if something goes wrong, the banks/law/government will be able to help them to some extent. They don't have to worry about securing or taking care of the money as long as they save it in the bank. For them crypto currencies which are decentralized are too complicated and risky to hold. But they don't realize that the fiat money can be confiscated anytime and they can be denied access to their funds, where as coins like bitcoins only belong to them and no one can deny them access to it. By the way, even if you use bitcoin to make purchases, specially large purchases, you will need to declare it to the government. In the end of the day, nothing stays private.
3  Bitcoin / Bitcoin Discussion / Re: $100,000 and $1,000,000 Bitcoin on: April 06, 2024, 03:17:50 AM
-snip-
And on the Flip Side, more People need to get into the Cloud Mining Sales Market, there need to be Cheaper and Cheaper Cloud Mining Systems that don't go out of Business. This will involve having Other Projects with Money Coming in, such as a Currency of Your Own that is Part of the Mining Pool, as You also Create a Cloud Mining User Interface Platform. You could have Staking of Tokens You made, and Token A being Bought could be used to Mine Token B, and Token B could be Accepted at it's USD Value for Cloud Mining Services. Or Token B could be used in a Game that is Created.
But there just needs to be more Cloud Mining Services.
-snip-
There is a reason why you don't see "many" cloud mining sites. Only one or two of those exists. It is for the fact that cloud mining isn't profitable for anyone. Not even for the customers. It will take ages for you to get your ROI. And do you really think if cloud mining was profitable, there would only be two of those companies? Nope, everyone would rush into it trying to provide the best profit. And most of the cloud mining services that used to exists were some kind of ponzie scheme or a scam. They still do popup now and then. Its just that people are now more aware of these scams and avoid it like a plague.


And I Remember when People were saying "Bitcoin will Never be $1,000" then it was.

Then after it was $1,000 it went to about $600-$700 and kept moving around there for maybe 2 Years, and Everyone said "It will never be $1,000 again" and I said Both Times that it would be $1,000. Then I said it would be $10,000 and People said that was Crazy. Then it went to $18,000 one Christmas.

Then it went to $50,000, and Down to $20,000 and when it was $20,000 Everyone said "Bitcoin is DEAD!".

Now it is almost $70,000.

People will always say a lot of things. You will notice that it is specifically those people that actually had the chance to invest, but now regrets that they never invested. More like they being salty and now tries to trash talk as much as they can about crypto. I bet these are the same group of people that would invest in bitcoin with no second thoughts if they could go back in time.
4  Economy / Gambling discussion / Re: The person who can’t control emotions in gambling will never earn money from it on: April 06, 2024, 02:21:18 AM
Doesn't matter if you can control emotions or not, you shouldn't be gambling to earn money. Gambling is a form of entertainment that people enjoy. The best way to interpret this is to think that there no such thing as a "loss" in gambling. The money you lose is actually the money you can consider that you paid for that entertainment. Like going to the arcade and paying for the games.  The profits are extra rewards that you can keep for yourself or use it to continue gambling more. But you should never rely on gambling to earn money. No matter how much you "control" your emotions, there is no way you can beat the house. In the long run you will lose the money, while the casino wins.
5  Economy / Gambling discussion / Re: Does gambling excites you ? on: March 30, 2024, 05:03:53 PM
Hi,

There are always things that we are passionate about doing, such as video games, football, basketball, and sports in general, meaning that everyone has something that excites them and makes them want to do.
Like others, I get very excited when I sit down, take my phone, and start my bets. This does not mean that I am addicted, but rather I find it more comfortable and I have more fun.

Does gambling excites you? What motivates you, winning or just the fun in it ?
It's fun to play, but not something I would want to do all day or often. And what you do is normal I guess. I don't think anyone gambles without "excitement". Even the loss are fun for some people to be honest. They accept gambling as a form of entertainment rather than thinking that gambling is a source of earning money. And yeah, enjoying it doesn't mean that you are addicted. But if you start to enjoy too much and end up to a point where you can't "live" without this enjoyment, then yes it means you are addicted and you need help. I only gambling sometimes, so I guess to answer your question, it is the fun/excitement that motivates me to gamble?
6  Economy / Gambling discussion / Re: Have you been kicked out of a casino? on: March 29, 2024, 03:35:16 AM
I don't gamble much, like almost never, so never been kicked out for any reason. But I did witness few people getting booted out of the casino. Most of the time it was because of temper issue (I mean, not sure if they are hot headed, but I do hearing them arguing with either players or the dealer) and then there are people getting out of control for either drinking too much or just can't accept their losses. I have also seen someone getting kicked out for winning a lot. They usually politely tells you to leave, offers you a free drink and food from the house. I guess it is because they suspect that they are cheating but isn't able to prove anything?
7  Alternate cryptocurrencies / Altcoin Discussion / Re: Is investment a necessity or a want? on: March 23, 2024, 04:52:26 AM
It is am obvious fact there are a lot of coins coming in to the market and Bitcoin halving is so close and alot of people are also diving in to the  market, but some thing actually triggered me creating this thread which is where I got the attention from, some one very close to me has been prioritizing coins involvement other than his health care. What are your option on this?
I would say investing is more like an option than a necessity or want. It is something that can help secure your future, make your life more easier and comfortable, especially when you are about to retire. Investment allows you to grow your wealth over time, but it shouldn’t come at the cost of your well-being and health, specially your mental health. No matter how much you invest, if you aren't healthy (which will cause you to die soon), what are you going to do with those wealth? You won't be in a position to enjoy the gains from your investments. Prioritize your health first and then go after wealth.
8  Alternate cryptocurrencies / Altcoin Discussion / Re: Solana memecoin is trending on twitter.. on: March 23, 2024, 03:50:12 AM
We all know solana has been doing well these past few months it is no secret. At this point, you should have already
bought some and should be seeing profits already. Well anyway I am just hoping these memecoins, despite the
usual conceptions about memecoins, do not die after their initial hype. To be honest, I have high hopes as
Solana is a reputable and reliable blockchain.
Most Solana dex  currently have high transaction/volume because of people investing in these meme coins. This is also driving the price of Solana up. I can assure you, most of these meme coins will die after the "initial hype". Most of those meme coins are either rug pulled, or get dumped after few hours or days. We have seen this happen with Ethereum, and then Binance smart chain, and now with Solana. This is more like gambling and the dex are now like a casino. If you have invested in some and already made a profit, I would suggest you take the profit and invest in some other better coins.
9  Economy / Economics / Re: Bitcoin prospects on: March 23, 2024, 03:01:35 AM
You would have to go check the history of Bitcoin and see for yourself so that you don't come up with other similar questions based on your curiosity. Bitcoin has been in the market for longer time before now and so many things had happened even the government had tried to crash it but couldn't work out. The total supply of Bitcoin is 21 million and people are still mining and is still going to last for a very long time. But you need to understand that investing in Bitcoin is a wise attempt and you don't have to be too relax led because it is risky too and one would have to understand the market before taking any financial decisions.
Sure you can look at the history, but the patterns might not be always the same. The market is volatile and can never be predicted accurately. Even using the "chart" or the "history", you can never know what the price will be tomorrow. And yeah, investing in bitcoin is a good decision if you are willing to hold it for a long term, like more than few years. But that doesn't mean you can't "relax". If investing in bitcoin is causing you mental stress, then no, you shouldn't be investing in bitcoin or any crypto currencies. It is risky if you are willing to do risky trades. But as long as you are willing to hold, you will be fine. Invest only what you can afford to lose.
10  Bitcoin / Bitcoin Discussion / Re: BTC profit taking strategies? on: March 22, 2024, 04:54:48 AM
Yeah, I would have suggested you the same way. You can DCA in and DCA out. You won't be making your maximum profit, but you will be risking less. But if you can hold for long term and you won't be needing the money anytime soon and you don't want to deal with the market volatility or headaches, then just keep holding until you reach your profit goal. Like you said, you are waiting for the price to reach $100k CAD (which I guess is around $75k USD? Then keep holding it until you reach your goal. While you hold, you can keep on investing without worrying about the current price. Once it hits your target, you can take like 75% of your profit and hold the rest while choosing a new target.
11  Economy / Gambling discussion / Re: Does pragmatic play bonus buy really worth it? on: March 22, 2024, 04:29:19 AM
I recently play this provider without the use of VPN on Stake.com that’s why I kinda become addicted on this provider. I frequently purchased bonus buy worth 20$ for a minimum bet but the usual profit I can get is just x2 of my buy bonus while I’m frequently lose my bonus buy.

I’m pondering why many user keep using Pragmatic Play especially the bonus buy feature while it’s expensive and the return is not that high considering the max win is very small compared to other provider like push gaming that offers much higher max win.

I admit that Pragmatic games is really cool to play due to graphics but winning wise, I don’t really like it since there’s no 0.1$ minimum bet.
I don't play slots a lot. Like almost never, but I do know a thing or two about it. When you buy a feature/bonus, you will be placing 10-20 times more than the base bet and instantly receive the free spins. But each of the spins uses the base bet amount. So technically, you are actually winning more per bet. In total, you might have spent a little less (or more depending on your luck), if you had been manually spinning the slots. The free spins have bonus features that gives you a chance to win "higher" amount or the jackpot. Hence, the risk of losing money is also higher in this case. Check the RTP. As far as I know each bonus has their own RTP regardless of what the base game has to offer. If you are trying to win big faster, then buying bonus round is your way. Or else you can keep on spinning and hope that you win free spins unlocking the bonus features that will let you win the jackpot.
12  Alternate cryptocurrencies / Altcoin Discussion / Re: Are memecoins also classified as Altcoins? on: March 22, 2024, 03:54:10 AM
I wrote a post yesterday about meme coins doing better than Alt. There was a pretty good argument that memes are also altcoins.

Then again, these comments made me start thinking. Are Altcoins really memecoins and why did you think so?

Anything in crypto currencies that isn't bitcoin is considered as altcoin. So memecoins/shitcoin are also altcoins. You can say that meme coins are another part/category of altcoins. Like a subgroup. Its the same way people mention Layer 1 coins, Layer 2 coins, privacy coins and so on. There are also exchange (CEX) coins and tokens which are all a part of altcoins. All these altcoins subgroup does have a cycling trend like when a meme coins starts to rally, the whole meme coin market follows the trend. Same goes with L2 coins. The post you read yesterday probably tried to say that memecoins are performing well in the market compared to the top altcoins.
13  Bitcoin / Bitcoin Technical Support / Re: Do bitcoin accelerators really work ? on: March 22, 2024, 03:30:13 AM
I had one of my transaction stuck for quite long time. I tried some free bitcoin accelerators but it had no impact on the speed the transaction. Later the transaction got confirmed on its own. So I feel that these free BTC accelerators are just marketing gimmick to sell their paid options or to drive traffic on their sites. Do you agree with this ?
Most of them are just carp/fake accelerators that just baits users to their site to increase their traffic. There are some paid accelerators that are legit, and they do give some free "acceleration" access hourly, but you need to be extremely like to be one of those first 50 person to use their acceleratior service. For the paid services you would be actually paying more than what you would have paid if you added extra fees when making the transaction. The best thing to do is to check the current mempool and determine the fees. Based on that fee, make the transaction. You will be paying a lot, but lesser than what you will be paying when using those accelerator services.
14  Economy / Gambling discussion / Re: Friends engaging on P2P gambling insights grudges amongst themselves on: March 21, 2024, 06:48:11 AM
Have you ever been in the situation of asking your friend (s) to go down with you on a P2P gambling just between you as friends?

This happens especially on the cards, Chess and the other skill-based gambling.
I came across friends fighting throwing words at each other one was expressing his disappointments at his other friend while the other was mocking at him.
It was discovered that the one mocking the other asked the other one to step on let them gamble on a P2P and on the process the one being mocked lost all his funds for the other guy. And he has been asking the guy that won the crown to return him return about 30% out of the $190 lost but the other guy told him that there is no return and no compensations in the gamble so if he must give him back some returns it would be based on his own will.

Guess what, after all he ended up returning $10 to his friend.
So I ask, did the friend do well in returning $10 to his friend or the returned $10 was not enough?

To me, in general, that seems wickedness of gambling between friends on a P2P because such friends are not worthy to be trusted considering the sentiments in playing to win.
I would say that is a daylight extortions amongst each others.
Your friend do sound very immature to be honest. Why mock when competing with each other? Was it like a "strategy" to distract your friend so he loses the bet? If that is the case, then tell him it's not a fair win. But I doubt the other guy is going to listen. And yeah, you can't ask for your money back when you lose a bet. Not even a portion of it. Since you guys aren't chill enough with each other, I think it is a bad idea to compete against each other, specially when money is involved. This will only ruin your friendship and make things worse.
15  Alternate cryptocurrencies / Altcoin Discussion / Re: Selling BTC for Alt Coins? on: March 21, 2024, 05:57:01 AM
I have around 2.1k in btc rn and was wondering if I should sell it and invest in a couple of altcoin projects, would that be a good idea? I know Bitcoin will never ever do another 5x in the near future haha so that's kind of why I would wanna sell. The market cap of btc would have to reach a very high amount for it to be life-changing money to me.
Sure you can if you want to risk a lot. Altcoins are more volatile than bitcoin. During a bearish phase, altcoins will bleed much more than bitcoin. And it also more difficult for altcoins to beat their all time high again during a bull run. You could have see the last few days how altcoins went down faster than bitcoin. Again, bitcoin already made a new all time high record, but most of the altcoins haven't reached their all time high yet. You might be able to make 5x investing in a new random altcoin, but don't forget, you might be also losing 10x.
16  Economy / Trading Discussion / Re: advice for a beginner on: March 21, 2024, 04:58:57 AM
Hello, I'm a new trader. I started a month ago. I deposited $100, and now I've lost $40. Any advice for me? I watched some YouTube videos and found a technical analysis video which helped a lot. I started not losing as much. Sometimes I even earn. But even though, I feel so lost. Like every day, I see some random coins get boosted. Some people earn from how they know that coin will go up. I'm sorry for my bad English; it's not my first language.
It will take years of experience to become a "good trader". Even if you do become a good trader, its not like you will be making profit every day. There will be days where you will be losing a lot. So be glad you lost only $40, not your whole capital. And if you want to get good in trading, don't invest and trade those "random" coins. You will most likely lose more when trading those coins. Since they are very volatile, your risk is also going to be  high. But your profit is also high if you get somewhat lucky. Stick with those well known and top performing coins like bitcoin or ethereum. Start small, understand the market, keep learning and you will eventually succeed. If you lose money, don't give up hope. Instead, try to understand what went wrong.
17  Alternate cryptocurrencies / Altcoin Discussion / Re: What's next in the memecoin cycle? on: March 21, 2024, 04:54:33 AM
There's much discussion surrounding the current memecoin season. We've witnessed all the usual aspects of a crypto memecoin season: from speculative trading to numerous project launches and presales, along with a flurry of airdrops. Presently, speculative trading and presales are at the forefront. While airdrops like JUP and Wen have come and gone. We’ve even seen bigger projects like bitget introduce their own airdrop/ rewards programs with prizes for various activities such as registration, spot trading, and completing futures trading tasks.

At this point, we've experienced a wide range of events so far and comparing the current scenario to what I recall from the bullish market of 2021, it seems like we have encountered all that a memecoin cycle can offer. Consequently, I anticipate a direct transition to altcoin season. Any thoughts on this prediction? Or how much longer do you think this will last?
Yeah, there are lots of meme coins being created now and they are being pumped. But don't forget, they are also being dumped within few seconds to days. Thousands of people are investing in those meme coins and only like two or three people are getting lucky. Rest of them are losing a lot. Most of those meme coins are just scam coins that get rug pulled. Again, among those few that are making some quick profit, most of them are the developers themselves or their friends. They pump the price, and then dump their coins to take the profit and leave. So to answer your questions, you can't predict the meme coins. It is like gambling on a casino. And no one knows how long this "meme coin" cycle will last.
18  Economy / Economics / Re: Do you believe in savings or investment on: March 16, 2024, 04:22:51 PM
I would say both saving and investment is important and one should include both when making any financial strategies. Savings are kinda like a "safe zone that allows you to sleep in peace at night". It helps you in emergencies and ensuring security for future needs, including retirement. Remember, it is your savings that will help you when your life starts to take an unexpected turn. And yeah, investments is about a " regular growth". It gives you a better opportunity to save and grow your money, while also protecting you from inflation and losing the value of your money you have saved. You will have a source of money that will help you pay your bills, but it does come with risks. There might be months where you make nothing or suffer a huge loss. I would say it is best to have enough saved up to cover your emergencies and short-term needs, then one can start thinking about investing. And also invest money that you won't need immediately and can afford to risk for the potential of higher returns.
19  Other / Off-topic / Re: Dont chase your loss on: March 16, 2024, 03:52:35 PM
It is best you gamble when necessary not because you want to chase your loss and win back you money, many are victim of this circumstances and for me is a bad practice and this might make you not to employe your gambling skills and roles because you inhast in your decision making. What is your opinion on this?
Not sure what you mean by inhast, but the opinion is the same. You shouldn't be chasing your loss when it comes to gambling. Only those who can't afford to lose, are the ones that chases their losses. Think of loss as a form of "payment" for the entertainment you were having while gambling. If you can't pay for those entertainment, you shouldn't be gambling in the first place. I have seen and heard horror stories where people tries to recover their losses, gets frustrated, bets everything they have in one go, and then ends up with nothing. I have even seen people going into deep debts trying to chase their losses. The best thing is to do is forget about your losses, move on and try to do something better.
20  Economy / Speculation / Re: Buy the dip people!!! Could be last chance for prices this low on: March 16, 2024, 02:28:50 AM
Or it might start crashing more and more like the last bull run. People will buy now, tomorrow it crashes further and then they will end up regretting. They have to either hold it for years or sell it at a loss. You can't predict the market, so you can't say for sure that this is the last chance to buy low. Markets are very volatile right now. Best is to only invest what you can afford to lose and the money you won't be needing anytime soon (or for years). Remember, there are still people that bought bitcoin when it reached the lower $16k and are still waiting to sell it. And then there were people that bought the coins during the last all time high, and has been holding for years. They are also waiting for selling it which might cause the market to go down further.
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