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461  Economy / Economics / Re: Using Blockchain to run economies on: April 28, 2021, 11:22:36 PM
That looks like an interesting idea, but why would there be a need for blockchain to run this algorithm? I think a simple app would do, and much more people would join in, because almost everyone around the globe is app-friendly, while blockchain networks aren't something that people are familiar with. This fact heavily decreases the probability of people finding each other and the number of the appropriate matches may turn out quite scarce.
462  Economy / Gambling discussion / Re: Sicodice.com surprised me!! bitcoin dogecoin dice on: April 28, 2021, 09:03:02 PM
Don't take these scam accusations personally, it just happens A LOT with gambling casinos, so no wonder many had their suspicions. In addition, in your case, it just looks especially suspicious, because the website was accused of scamming in past and your post definitely looked like a promo. On top of all of that, your account wasn't active on this forum and all your posts are concerning this website. Maybe you indeed were just sharing your experience, but you have to understand that why all this looks fishy.
There is a wide range of good, well-tried gambling websites, many of which are advertised on this forum and have positive feedbacks, So I suppose people are more likely to use the authoritative websites and won't risk depositing money on a doubtful one. I suggest you do the same.
463  Economy / Gambling discussion / Re: Dubai's Government and Gambling on: April 28, 2021, 12:44:15 AM
Thanks for the news! It was very hard to believe that a country like UAE, with its strict laws, that are to a great extent based on religious views would allow gambling. Damn, they don't even allow alcohol without a special government-issued license, as far as I know. Now everything makes sense.
Although it's still kind of sad that they prohibit such entertainment, all the while people run much illegal stuff over there, such as money laundering and drug trafficking. I think it would be wiser to focus on those instead. 
464  Economy / Speculation / Re: New Bitcoin support! Fall or rise? on: April 27, 2021, 11:30:52 PM
only 10% I think it is not so influential there is still the remaining 90% they have of the total investment, I think the news will not really affect the market, what affects the market is how USA policy in the next few days if it happens like last week it could be a bitcoin crash again but hopefully in the next few days there is good news so that bitcoin continues its bullish so that it reaches a new ATH.
The factual sell didn't cause much trouble and probably had no significant effect on the price itself. However, the very fact that Tesla sells may have caused panic, because there was a portion of new Bitcoin adopters, that purchased Bitcoin after Elon's strong and public support.
Also, I wouldn't be so eager about the new ATH, there's still a correction going on. Give BTC a break, it needs to stabilize Cheesy
465  Economy / Economics / Re: Are some too blind to see? on: April 27, 2021, 10:56:17 PM
I guess it would be dumb to expect something else from a big company like Tesla. They needed people to hodl, so they did everything to raise overall trust towards Bitcoin. But when the time came..they started making a profit, it's just business, they probably could've lost millions if they acted otherwise.
However, I'm surprised that Tesla did it so soon, did they also succumb to the widespread nonsense that the market will go bearish?
On the other hand, 10% isn't that much, Tesla still kept the majority of its Bitcoin holdings.
466  Bitcoin / Bitcoin Discussion / Re: Peter Brandt believes that Biden may do a lot of damage to bitcoin on: April 27, 2021, 09:51:19 PM
Why would a rise in capital gains tax affect Bitcoin? Isn't there a possibility to avoid taxes on cryptocurrencies in the US?
Also, it's not like 99% of Bitcoin hodlers are in the US, there are also China, Nigeria, Turkey, etc., and the whales. And even if there's a drop in price due to these tax implications, in time it will only simulate other investors around the world to acquire more BTC.
467  Economy / Games and rounds / Re: 💥💥 Roobet.com | Guess The Slot #118 | $200 prize pool | Level 5 💥💥 on: April 27, 2021, 01:46:45 AM
Neurologist
468  Bitcoin / Bitcoin Discussion / Re: Has the world become greedier since BTC? on: April 27, 2021, 01:42:49 AM
People always have been greedy, this much becomes clear if you look through history. All the wars and deaths were about money and power. However, centuries ago money was the attribute of the elite, regular folks didn't think of such things, they only thought about working and keeping themselves and their families alive.
Now, as both people and economic system have evolved, and especially with the emergence of cryptocurrencies being rich has become more accessible, and, therefore, the overall greediness, so to speak, has increased.
But I wouldn't say that cryptocurrencies have made people greedy. No. They only revealed our true nature.

469  Economy / Economics / Re: Bitcoin wasn’t created to make you rich. It was created to Enslave U & Track U on: April 27, 2021, 01:05:00 AM
This again? Seriously, I'm surprised by how long people can hold on to some stupid conspiracy theories.

How can anyone have 100% control over a P2P network? Hello?
Most people have sold out any promise of freedom in exchange for US-GOV control 100% of btc

Everybody talks about it. So what? China has the greatest manufacturing output, and a population of around 1.5 billion, maybe they control everything now? They have cheap electric power and labor, ergo - they mine like crazy, why wouldn't they?
Nobody talks about the fact that all mining/consensus is done in China

There was never a myth about privacy, people created it by their lack of understanding. Do you see any promises of anonymity in the Bitcoin whitepaper? It clearly states that only by keeping your public key anonymous and avoiding multi-input transactions you can count on privacy. Nothing more.
Now they have dropped the myth of privacy, and promise you pseudo-privacy, sort of like virtual-pregnancy

The majority will stay, because, hopefully, they realize how stupid it is to make predictions regarding the future of Bitcoin as well as alts by the data gathered over a month.
A month ago $1k in DOGE would be $50k today, $1k in BTC would be $800 today; If they're only here for money, how long do you think the 99% will stay??

I don't even know what to tell you here mate, maybe you should check your sources if there are any? The last time I checked Bitcoin whitepaper was released in 2008.
Lastly BIS-IMF created BTC whitepaper 1997

SHA256 is a very popular algorithm in cybersecurity, make a 7-zip archive and it will be encrypted by sha-256 hash algo. Maybe the NSA planned it so that they could get the contents of people's archives too?
BTC is SHA256, and Secp256k1 two NSA algo's; BTC is NSA 100%

Just drop it and move on.
470  Economy / Gambling discussion / Re: Devices used for Gambling on: April 24, 2021, 07:57:46 PM
What if it would be possible to play with AR/VR devices, woudl you play that way?
I don't know why crypto casinos don't explore that opportunity.
There is such an opportunity, but it's not mainstream yet, which is why only a few casinos offer that opportunity. I've heard of PokerStars VR, but didn't have experience with that, unfortunately, because they only support Oculus Rift and HTC Vive headsets.
But the reviews aren't that good so far, many players experience glitches, loss of control, etc. Also, some games, like poker, take a lot of time and I imagine that spending 3-4 hours with a headset on might be very distracting and exhaustive.
471  Alternate cryptocurrencies / Altcoin Discussion / Re: starting my own altcoin ??? on: April 24, 2021, 07:40:55 PM
I think generally it's a good idea, but given a very large number of altcoins on the market right now I think you should think more about the idea behind your project. Creating just another coin might not be enough and will be a waste of time and money, think of something unique, that will be distinctive.
I also have a project in mind and plan on creating an altcoin, and, funny enough, I was going to create a thread like the one you did here, but, as I can see from the answers, not many people here have an exact idea of how to do it.
Although, I'm pretty sure that knowing Python won't be sufficient. From what I've read, a good knowledge of C++, Solidity, and Java is very preferable, even though, as far as I know, it's possible to create your own cryptocurrency based on the programming script of Bitcoin or Ethereum. I suggest you hire a professional. Not just a programmer, but the one who's had experience in this field, to avoid some long-term horrible consequences.
Good luck with your project!
472  Other / Archival / Re: The difference between the Martingale system and One-Time-Bet on: April 24, 2021, 07:16:49 PM
Because people fail to understand the probabilities and like to think of the possibility to "hack the system" and find an ultimate winning strategy. You're absolutely right, the chances of losing while placing a single bet and with Martingale are the same.

It's pure psychology of self-consolation, that does the trick. When placing a single bet a gambler thinks "I might win, or I might lose, it's a 50/50 chance" (with respective odds, of course).

But with Martingale the gamblers are often deluded by the thinking that with each bet the chances of winning increase. They go like "I've already lost 6 times in a row, I will definitely win in the next round". While, in fact, the chances are still the same and they can keep losing.
Your logic makes sense and I believe, a lot of gamblers have that kind of perspective.
This is why some like to use martingale system because of that perception.
Anyway, in my opinion, if the game is luck-based, whether you use martingale or one-time bet, still your chance of losing is always there.
Don't think that you have high chance of winning when you practice either one of these strategies.
I'd have to disagree since technically there's a difference between the two. Yes, they both rely on a 50/50 chance, but Martingale is there to at least make/skew that 50/50 to your side, making it so that you don't lose it all at once like the 50/50 dictates. It's like it's lying to the possibilities by spreading it out evenly. Unlike a one-time bet, now that's a true-to-life 50/50 chance of you losing money. Yes, the chances are the same as always, it doesn't go up nor does it go down, but a spread out 50/50 chance vs a one time 50/50 chance have different results from each other. I guess that's what gamblers go for.
In the short run, absolutely, the outcomes may seem different. But what about the long-term perspective? Doubling bets is dangerous, it creates exponential-like growth and in a blink of an eye you reach your limits and end up betting everything you have, returning back to your 50/50 chances in order to recover from losses. One has to either place very small bets (which is kind of pointless, brings no profit) in order to be able to afford 6-7 losses in a row (which isn't that rare) or play big, which will lead to going all-in very soon.
473  Economy / Gambling discussion / Re: What is the best Sport to bet on ? on: April 24, 2021, 07:00:23 PM
I think it is defined by the amount of data, which can be gathered around a certain type of sport, rather than personal preferences, like many mentioned here. What if you admire a very unusual sport, and, due to this, it's practically impossible to find some useful info and, in addition, not a lot of sportsbooks offer it and, thus, you can't choose the most preferable odds.
My best choices are NFL and NBA. I've heard many times that people also place bets on College Football, but I've never tried it, I'm not sure if it's worth it.
474  Economy / Gambling discussion / Re: The fine line between market investment and sports gambling on: April 24, 2021, 06:08:50 PM
We have no way to know what is behind the high rollers that we see at the casino, there maybe a lot of reasons why they behave this way, many high rollers have too much bitcoin already and most likely they are just gambling with a small portion of their capital, so while for us they are making huge bets this is nothing for them
Exactly, it's hard to drive reasonable conclusions from simply high bets. I used to assume that these people must be very rich to afford losing thousands of dollars in a matter of minutes, but there's also another side of the coin. Sometimes poor people, who aren't gambling addicts, but simply are up to the neck in debts, see gambling as a quick opportunity to win and settle their debts. Recently there was a post here from a person like that. At first, they decided to make an investment, but that took too long, so they switched to gambling, which resulted in even more debts...
475  Economy / Economics / Re: First UK Bank Bans Businesses Accepting Bitcoin on: April 24, 2021, 05:34:27 PM
I think the NatWest may indeed be afraid of even more accusations and charges by the FCA, they're facing enough troubles as it is due to this money-laundering scandal. Given the situation, the NatWest bank is probably trying to make every possible effort and show that they're transparent.

Especially this is intensified by the fact, that FCA has expressed distrust towards cryptocurrencies many times in the past.
476  Economy / Gambling discussion / Re: Betting on an industrial scale, the biggest punter who always wins on: April 24, 2021, 05:09:35 PM
I give this guy a standing ovation, he's brilliant. He started with a few hundred dollars and ended with millions. And all that with pure talent and no cheating, which amazes me the most. Too bad he was banned from so many casinos, which I think is totally unfair. On what foundation did they ban? Advantage gambling is nothing like cheating. 
477  Economy / Economics / Re: Can Bitcoins kill Central Banks? on: April 24, 2021, 04:51:55 PM
In the nearest future, Bitcoin or other cryptocurrencies will not be a threat to the central banks. It's not that easy to change the way the modern economy and markets function nowadays. Basically, all governmental operations and all large companies should function in accordance with the law, otherwise, it would be chaos, wouldn't you agree?
No one can abdicate central banks, that will be a suicide for the government for many reasons. One of them is taxation, where will the money come from if everything was done through blockchain? Another thing is control, can you imagine a functioning government, where all businesses are run indiscriminately?
There should be a system to make this work. As of today, I'm not aware of any sound solutions for resolving these problems. While it remains so - the central banks have nothing to worry about.
478  Economy / Economics / Re: What is the purpose of (fiat pegged) Stablecoins? on: April 23, 2021, 11:19:05 PM
Basically, anyone who's interested in cryptocurrency for the purposes of everything BUT investment would rather use stablecoins, I think. The reasons would be all the same as the ones why people use cryptocurrencies in the first place:

1. Easy to make transactions all over the world with no need to overpay when sending big sums of money;

2. Avoiding taxes, make your profit untraceable (to some extent), but, at the same time, don't risk losing money while making money operations;

3. Send and receive your money whenever you want, no paperwork and bureaucracy, which can be time-consuming;

But for crypto ideologists and investors, surely, that's not enough. While such coins as USDT are pegged to fiat they're pointless in terms of independence and decentralization and are subject to inflation as well, I agree with you on that one.
479  Other / Archival / Re: The difference between the Martingale system and One-Time-Bet on: April 23, 2021, 10:32:42 PM
Because people fail to understand the probabilities and like to think of the possibility to "hack the system" and find an ultimate winning strategy. You're absolutely right, the chances of losing while placing a single bet and with Martingale are the same.

It's pure psychology of self-consolation, that does the trick. When placing a single bet a gambler thinks "I might win, or I might lose, it's a 50/50 chance" (with respective odds, of course).

But with Martingale the gamblers are often deluded by the thinking that with each bet the chances of winning increase. They go like "I've already lost 6 times in a row, I will definitely win in the next round". While, in fact, the chances are still the same and they can keep losing.
480  Economy / Gambling discussion / Re: 25 arrested after Rab busts mini casino in Ashulia!! on: April 23, 2021, 09:46:12 PM
I don't blame those gamblers that were arrested by the Rapid Action Battalion squad at least they are over the 18years because the world is currently in economic sh*t and many people will try different means to find their ends and gambling is different from stealing.

I think the best thing the Bangladesh government can do now is to legalized gambling which will generate more income for the country rather than ban every form of gambling.
The major problem here is the religious state of the country, over 90% of the population in Bangladesh are Islamic, and this religion prohibits any forms of gambling. In addition, the politics, laws, and religion are interconnected there. For instance, there are numerous refers to Islam even in the constitution.

On the other hand, I think we live at a time when freedom must be a priority, therefore, all the restrictions should be kept to a minimum. And what of those 10% of the population, which aren't Islamic? It seems unfair for them to suffer the consequences of the ban as well. But that's a very difficult issue and not something that can be easily changed.
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