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Username: Neurologist

I think it's fair to say, that Bitcoin was mostly for speculation until recently. Now it's finally being viewed more like a currency. Not only you can buy Tesla, but I know that it is possible to purchase some video games with BTC, as Microsoft included it as a possible payment choice. In addition, some restaurants and hotels are accepting BTC. As far as I know, you can purchase food at Burger King and KFC with Bitcoin in some countries. Also, people can make donations to Wikipedia with crypto. And I'm sure there are many other examples that I haven't mentioned here. So in today's world Bitcoin is becoming so much more than just an asset.

I didn't have such experience, but, honestly, I don't think that an Internet connection in any way influences the outcome. The connection error is on your side, while the RNG algorithm, which determines the result of your spin or anything else is a built-in software. The connection can only affect how quickly you see the result, might cause some delays, etc., but not the result itself.

I've never found anything alike, unfortunately. Most sportsbooks have pretty similar odds, they don't even vary much. And, honestly, I don't get why. That kind of sportsbook would definitely be profitable. It would certainly be popular because basically everyone would use that, who doesn't want arbitrage? On the other hand, offering flipped odds would mean that most people would lose the money because the chances are lower.

I'd definitely go for plan B, and I wouldn't recommend buying weekly. From what I've seen - a week is a too short period of time for BTC. But by buying monthly you can miss out on some big dips also and end up buying too high. Once every 2 weeks looks about right to me. Also, I'd go like 70-80% on BTC and 20-30% on ETH and no LTC.

Self-exclusion schemes like gamstop can actually work for some gamblers. One of the most important things about addiction is understanding and facing the problem. Many people just avoid this and keep lying to themselves that everything is ok. But if someone uses such a system - it means that this person wants to change and there's yet hope. It's as if a person is on a diet and restricts oneself from eating sweets by simply not buying them, this might work and have a positive impact, right?
However, this probably doesn't apply to gamblers with a serious addiction. In that case, they would probably look for ways to gamble anyway.

I think we can expect Bitcoin to go as high as $100k in a year's time, that sounds plausible. However, it is quite difficult to predict something that far ahead and what I can say for sure is that you can't make judgments like that with cryptocurrencies, it doesn't work like that. This year may be completely different from the previous one in terms of events. Maybe other companies will join, maybe they won't, maybe there'll be some restrictions or panic sell, which will cause the price to drop. Anything can be expected. Personally, I hope the price will at least be steady around $50k.

Miners are people, like everyone else, so it's natural that they hodl now and are probably waiting from the elevation in price. Although, I am surprised by how many of them are going for it. How do they know that the price won't dump and they won't lose a lot of money? Where did that confidence come from?
I think it's more likely to be a bad sign, and we should probably keep track of their selling rates to be prepared for possible massive sellouts.

Institutions buying Bitcoin won't pose a risk as long as people use their common sense. Naturally, they're buying off a bigger share of BTC than retailers and the trend will probably go in that direction, which gives them the opportunity to manipulate the price. But that's pretty much it. In fact, this can work to the benefit. If institutions buy and hodl Bitcoin and then, eventually, they'd try to use it to manipulate the market - all one has to do is stay tuned and use these price runups for trading purposes, very convenient.

While crypto gambling has plenty of benefits for customers, I'm not so sure if the gambling website owners are willing to take all the risks associated with this.
Especially this includes the first statement - no KYC. I mean, this will create a whole wide field of play for financial frauds, money laundering, underage gamblers. I doubt that many casinos would like to deal with all that.
But many crypto casinos also use KYC, so with that included I think many casinos and players will switch to crypto at some point.

If inflation is the problem for your savings you could've just kept them in dollars or euros, crypto isn't the only possible choice here. As for returning power back..as much as I'd like to believe that and while crypto indeed gives some opportunities in terms of freedom, it looks like governments are catching up quickly and trying to take control now. Also, anyone can buy crypto and seeing that lately the upper class also became interested in Bitcoin, they can buy much more coins than the middle and lower class, which will only increase their power.

Neurologist

What you described here was merely a coincidence. If you don't believe it and think there's some kind of strategy - just do the same thing you did a couple more times and you'll see. Plinko is a probability game, much like dice or roulette, so the only rule that applies here is the higher risk you take - the lower are the chances of winning and vice versa. So yes, it's a game of pure luck.

I'd say that waiting that long isn't a wise strategy for alts, that are not at the top list by market cap. The competition is huge and I don't think it's possible for TRX to increase gradually over the years. It may grow in price now, while it's on the news, and while the partnership with Samsung is still all over. But a few months later it won't be like that anymore. And we should expect the same from Doge. If you're willing to hodl for 5 years, why not buy BTC? Or ETH, XRP?

I think that with such a huge financial offer the government would put itself in a very bad position had they denied it. There would be news all over the Internet with titles like "The UK government refuses to take £64m aimed to support poor and struggling people". How do you think that would affect the public image?
I think it's a win-win deal. The lottery company gets acknowledgment from both government and society, and those in need receive great financial support, so it's good for the government too.

It's true, many countries benefited from gambling, and the fact that there was a wide range of gambling legalizations around the world only proves it. It is well-known, that the revenue from imposing taxes on casinos is astronomic and nothing will stop the underground and black market casinos from popping up, so why not allow it instead?
I hope that when the pandemic is over the governments won't shut the casinos down right away.
Firstly, we don't know when it's going to end, it can years.
Secondly, all countries are experiencing tremendous financial losses every day, so it will also take a lot of time for them to recover and it wouldn't be wise to shut down something, that's powering the economy. And in the end, people might just get used to it so much, many will find workspaces in casinos, that it would be absolutely pointless to enforce a ban at that time.

I think the general idea of Bitcoin and other cryptocurrencies is first and foremost freedom, independence from the established system, not to make the poor rich. It is no wonder that the gap is growing, everyone who knows how business works should've seen this coming.
On the other hand, you have to admit that it is much easier to invest in crypto than capital project investments, so, in a way, cryptocurrencies open doors for lower-class individuals to participate in at least some sort of investment. But naturally, the rich have more opportunities in all senses, so they can buy more coins and various types of crypto, increasing the chances of gaining profit significantly, and I guess it will continue on like that.

I personally didn't notice an increased number of fraudulent schemes associated with gambling, but the "not allowed in your geographical area" thing is real. I've noticed that there have been more of these restrictions since the pandemic. Also, I do not like the idea of AI collecting my data, but I guess we're all subject to that already, so who cares. It matters more if it helps to secure players from frauds.

Neurologist

That looks like a stupid move on their side. Besides, I don't think that Nicaragua even has the facilities to go on with this mission. It looks more like a deception maneuver, to draw peoples' attention off the real problems, like the pandemic, which they are handling very poorly.