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April 17, 2021, 09:33:03 PM *
News: Latest Bitcoin Core release: 0.21.0 [Torrent]
 
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1  Economy / Gambling discussion / Re: An alternative to Poker on: Today at 06:32:02 PM
For me, there's nothing better than Poker if we're talking about skills games, but there are other options. There's also blackjack and, I'm quite surprised no one mentioned Spades, it also includes a lot of strategic thinking, no less than Poker, perhaps. And, of course, there's Yahtzee. While it includes dice, which brings an element of luck to the game - a strategy should also be applied and you need to make a lot of decisions, evaluate your risks, which is why to play this game it's better to understand probabilities first.

I love Yahtzee but a computer can show you what all the best decisions are so it's not a game you could securely play for money. The OP is looking for PVP games that aren't solved by computers and can be +EV for players. Not easy criteria to fulfill.

I think Rock Paper Scissors is the purest and best PVP game but it's hard to call it a skill game since you can just let an RNG decide the throws to neutralize any advantage that might exist between the two players.
Yeah, but from that point of view Poker also isn't the best choice, because computers can calculate the best decisions in poker as well. But I see now, that's what OP was stating in the first place. IMO these calculators mean nothing because in games like Poker and Yahtzee the calculated best decision isn't always the right one. I remember my experience in playing Poker with bots, which were programmed for these very best decisions and they suck.
 
Any skilled player can outplay these calculators because it's not only about playing with the best odds, sometimes it's about knowing when to take the risk, which is also a skill.
 
I'm starting to think that what OP asked for is actually impossible because for any games that require skills the best option can be calculated (in one way or another), and the only games that can't be solved like this are those, which depend purely on luck Undecided
2  Bitcoin / Bitcoin Discussion / Re: Tenants to pay rent with bitcoin on: Today at 06:13:42 PM
Wow, that is a real dream come true, I wish this practice was much popular around the world. As a tenant, who actively uses crypto and, therefore, holds most of the savings in crypto each time I have to pay the rent I lose at least around $50 on fees+exchange rate+money transfer through the card to the owner. That's crazy because it's like 1/5 of the total pay rent.
But I think for this to become a regular practice we need like 5 years at least.
3  Economy / Gambling discussion / Re: Eth Berlin Upgrade and Gambling on: Today at 05:11:35 PM
I don't think that ETH Berlin hard fork upgrade will affect the frequency of gambling. Those who want to gamble always gamble, and high fees aren't much of a contributing factor here. Plus many casinos offer other options, different altcoins, so when the fees are skyrocketing you can switch to them.
4  Bitcoin / Bitcoin Discussion / Re: Why doesn't bitcoin go up higher percentages like altcoins? on: Today at 04:03:04 PM
If you're looking for a way to make money in a week, Bitcoin isn't really a good fit for it, because of a large market cap, but it's good for long-term investments. If you're looking for short-term trading though, it's best to use cheap alts with a much smaller market cap, like DOGE. You've probably seen how much they can change in price over a short period of time. But keep in mind that these tradings, while profitable if you buy and sell at the right time, are riskier, because if something can increase by 50% over 24h it might as well drop. Which is why, the fact that BTC isn't changing that much in price is actually a good sign.
5  Economy / Gambling discussion / Re: An obvious rigging of Sports. on: Today at 03:41:08 PM
Yeah, that definitely looks rigged. I felt uncomfortable just watching that, seriously, this is just embarrassing. And it's not just the way they're playing, but the expressions on the faces! When there's a real game you can see fear, excitement, disappointment, etc. Right here it can be seen that they clearly knew what was the outcome going to be. Sports players make so much money, why are they doing that to their fans? And risking careers?
Sometimes I think that these sportsmen are just pinned down to facts that they should play the game as planned and get threats, because I see no logical reason for this. How greedy can you be?
6  Economy / Gambling discussion / Re: An alternative to Poker on: Today at 12:05:22 PM
For me, there's nothing better than Poker if we're talking about skills games, but there are other options. There's also blackjack and, I'm quite surprised no one mentioned Spades, it also includes a lot of strategic thinking, no less than Poker, perhaps. And, of course, there's Yahtzee. While it includes dice, which brings an element of luck to the game - a strategy should also be applied and you need to make a lot of decisions, evaluate your risks, which is why to play this game it's better to understand probabilities first.
7  Bitcoin / Bitcoin Discussion / Re: What will happen if Satoshi moves or sells his Bitcoin? on: April 16, 2021, 11:53:09 PM
Why would he do such a thing? What's the point for a person, who put so much time and effort into creating something so genius and unique in destroying it? And I think Satoshi has enough profit anyways Grin, so he wouldn't do that for money's sake. Plus for a person like that ideology is far more precious than money.
Also, such a drastic change in price would attract A LOT of attention, many people (including me) would love to use this opportunity to buy Bitcoins, so, in a time, the market would go back to normal, I guess.
8  Bitcoin / Bitcoin Discussion / Re: how Bitcoin will deal with lost tokens? on: April 16, 2021, 11:44:08 PM
Yes, but that's where the fun is, right? With people losing their Bitcoins the market will actually, in a way, become more stable, because those people, who were holding them could've succumbed to panic selling, for instance. Now, we can be sure that at least some holders will remain forever Cheesy
While I actually feel sorry for people, who lost their wallets, generally and pragmatically speaking it's good.
9  Economy / Economics / Re: Struggles of being a freelancer in Bangladesh on: April 16, 2021, 11:16:03 PM
Seriously? I was shocked by the statement that freelancing isn't considered serious and is perceived as a joke by society. They must have really old-fashioned standards then. IMO think it's all vice versa. In today's world, anyone who is something, who is good at (or at least wants to be good at) something has a desire for self-development and doesn't feel like working for some boss will eventually switch to freelancing.
Once again, it's a good example of why you shouldn't listen to someone else's opinion. Having a steady job and simply taking orders from someone is an easy way, a safe way, but it leads to nowhere. At most, you can get a promotion, but you'll never have something of your own. So I say yes to freelancing and to anyone who is brave enough to do it.
10  Economy / Gambling discussion / Re: Devices used for Gambling on: April 16, 2021, 10:53:06 PM
Before the covid I used both laptop and mobile phone, but I always liked laptop more, nowadays I don't use the phone for gambling at all. The phone was for situations like the ones you described, when I was bored, had to wait for someone, etc. I actually found that I lose less while playing at home, I don't know what's the reason for that. Maybe it's because home feels more safe, relaxing, less disposing to panic, and 90% of my losses are due to panic and rash decisions. While at home it's calmer and a better atmosphere to think, concentrate.
11  Economy / Gambling discussion / Re: Wyoming legalized online sports betting - crypto wagers allowed too on: April 16, 2021, 10:18:01 PM
That's great, one more casino adopting crypto! And I, personally, don't think that conversion to USD on the account balance is bad, it's actually convenient in a way. If you gamble regularly and don't instantly withdraw all your winnings - it's good to get them fixed to USD, because with rapidly changing BTC price you actually risk losing money while it's on the website.
12  Economy / Economics / Re: Janet Yellen to call for unified global corporate tax rate on: April 16, 2021, 09:28:43 PM
While I think that a global corporate tax is a good idea, because it's fairer and will prevent companies from doing business in other countries, where it's cheaper, I doubt that many will agree to that. Like you said, it's an economical advantage for them, why should they lose this opportunity, so that the US can make more money? I fear that Biden's decision to impose higher taxes may turn out bad and scare away corporations. 
13  Economy / Economics / Re: Why you can't be rich by owning crypto on: April 15, 2021, 11:55:43 PM
I do not think that limited supply of bitcoin is a criteria here. Because, due to limited supply people who hold bitcoin will become super rich in short period which again goes in favor of what OP is stating.
I agree that due to limited supply hodlers will become rish, but that doesn't go in favor of OP's assumption, because only the ones that hodl a lot of Bitcoins will become rich enough to retire and stop working. And that's not possible due to the limited supply. Assuming when we reach the 21 million bitcoins point and everyone has 1 Bitcoin, that'll only be around 0,3% of the world population, which is hardly enough to have an impact on the economy. But even in such case people won't stop working, because 1 BTC isn't such a big money. Needless to say, this scenario isn't possible, because some people will hodl way more than 1 Bitcoin, leaving less to the others.

if literally everyone (or the vast majority) uses Bitcoin, only then there can be an impact on global productivity.
If we use bitcoins then there will be no problem. Because, you may become rich by holding and not just by using bitcoins. In long-term perspective, there are possibilities for all 100% of world population will be using bitcoins but that doesn't mean that bitcoin will make them rich just because of they are using bitcoins.
Yeah, you're right herein, I shouldn't have used the term use, I meant hold.
But there's not enough for everyone to hold and, therefore, be rich, that's my point  Smiley
14  Bitcoin / Bitcoin Discussion / Re: Bitcoin is private and decentralized, ok but what if someone dies? on: April 15, 2021, 11:42:56 PM
I think, for now, the only solution to make sure BTC or other crypto is inherited is just to look ahead and do everything beforehand, and this includes not only showing your relatives where you keep the password and the seed phrase but explaining and showing several times how to use it, exchange, etc. as well.
Don't give up. It's 100% that your brother kept his private key somewhere, look into his notebooks, txt files on the PC, and alike. It would be a pity if this money was lost due to the inability to access the wallet...
15  Economy / Economics / Re: Can the government hijack Bitcoin? on: April 15, 2021, 10:58:42 PM
Do you mean by "hijack" taking control of? There's no way any government could do that. They can enforce a ban, but even that can't stop people from carrying out transactions, the ban will have consequences only if you connect your wallet to a card, otherwise, they can't track you.
There could be, in theory, a 51% attack, but the Bitcoin hash rate is too big, so I hardly think that's a possibility.
16  Economy / Economics / Re: I think Bitcoin is the biggest bubble and ponzi in the universe or it isn't? on: April 15, 2021, 07:10:43 PM
The best way to sort out a Ponzi is to make it go through a recession and see what happens - they'll collapse because when there's an economical crisis no one invests and the companies can't pay off the investors and lure the new ones. What are we facing now? Crisis. Did Bitcoin collapse? No, it's growing.
Simple as that.
I wrote a post about it recently: https://bitcointalk.org/index.php?topic=5320505.0
And there are plenty of other threads and articles dedicated to this issue, simply read some of them and you won't have any more questions.
17  Economy / Gambling discussion / Re: Tips on how to place sports bets on: April 15, 2021, 06:04:47 PM
- mainly play short odds; while it won't bring a lot of money right away, it's less risky, perfect for beginners, and will bring profit in the long-term perspective

What range of odds did you consider short-odds?

Did you know that always picking those odds on that range is even riskier compare to the decent odds? Just do everything to analyze the game and since there are lots of betting options, try to take those you think you can handle.

Low odds aren't less risky. There are no safe odds.
Less than 2.0 in decimals I consider short. Why is always picking short odds riskier? I've never heard of such a thing. I don't play a lot, but so far picking short ones turned out not so bad for me.

- don't stick to "betting strategies", they will lead to a quick loss
Do you mean the popular ones like martingale or just any strategy in general? Having a strategy doesn't always lead to a quick loss since it still depends on how you'll manage your stakes after every loss or win.
Yeah, I referred to the popular ones. Of course, some strategies are good to follow, like the ones that help you manage funds, or help in picking the right odds.
18  Economy / Games and rounds / Re: 💥💥 Roobet.com | Guess The Slot #116 | $200 prize pool | Level 5 💥💥 on: April 15, 2021, 04:13:56 AM
Neurologist
19  Economy / Economics / Re: Bernard Madoff dies in prison. A 20 year long Ponzi on: April 15, 2021, 01:35:24 AM
I honestly hate the way Madoff's lawyer defends him, even though it's his job. As if we should all of a sudden feel sorry for Bernie Madoff because they didn't let him die alongside his family?
Quote
Bernie was by no means perfect. But no man is.
Seriously? No man is?? He ruined people's lives!! Thousands of lives! And not just ruined, but some of them committed suicide and didn't have the pleasure of living till 82 years.

Check this: https://www.cnbc.com/2017/03/28/charles-murphy-investor-burned-by-bernie-madoff-jumps-to-death.html
Quote
Murphy is believed to be the fourth person connected to the Madoff case to commit suicide.
And that's only what we know of.

And regarding this
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he was also a father and a husband
As a father and a husband - he should've thought about his family in the first place, because his son, sadly, also took his life. And his family will get accusations and despisal for the rest of their lives, even though it's possible they haven't been implicated in these schemes.

He did wrong and paid for it. No doubt that Madoff was smart and intellectual, if only he used his gifts and abilities for the greater good... Cry
20  Economy / Economics / Re: Why you can't be rich by owning crypto on: April 15, 2021, 01:03:52 AM
It's a fair and logical point, but only if almost everyone on Earth buys Bitcoin and becomes rich, which is, obviously, impossible. There is a limited amount of Bitcoins and, in addition, different people hold a different number of coins, some may have 1-2 and some hold more than 1000. Thanks to the limited amount of Bitcoins and diverse demand - Bitcoin will keep growing with increasing adoption.
Also, this
Quote
even your richness wouldn't be that much rich, since the value of the things that can be brought with those bitcoins would actually grow the same rate as the bitcoin(due to decreasing productivity)
can only be the case, once again, if literally everyone (or the vast majority) uses Bitcoin, only then there can be an impact on global productivity.
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