Let's say you join a give away with other user and both have to select a number between 1 and 10, you go for 7 while he goes for 9. The winning number is 8.
If the prize is 0.1BTC what would you do? Split the prize and walk away with 0.05 or Reroll to gamble for the full prize?
I say it depends on the situation but judging the said scenario, I'm already lucky to win half of the prize and re-rolling it again doesn't guarantee that I will walk away with the full prize because my chances aren't that great too. Plus, in my situation, that kind of money is already huge as it would take me few months of labor just to have that amount. If you are living on a country which dollars is really indeed valuable or high then you would be basically be agreeing on split and would already ensure that you had the money rather than on making yourself fight on having a re-roll just because you do believe that you could get the entire amount on next roll which is really indicates that you are just being too greedy. Well, everything would be depending on the organizer if ever they would decide to split up the prize in half with other winner or simply re-roll just to have that 1 winner. How can it be being "too greedy"? It's a giveaway with having no personal financial risk for the player. Giveaways are supposed to be played for fun without any expectation of winning anything. Being greedy, or being an "opportunist", would be to join the giveaway with a profit-motive. I know participants are incentivized to join, but the prizes are supposed to be just a bonus. Greed on the sense that you would really be liking to get that whole amount or bonus and wont really be tending nor like to share it up with other people Ex. 2 person. It might be a bonus but there were people who do really treat up that it was their money or something that they should own. It might be that wrong on general perspective on using up the word but when it comes to impression it is really just similar or the same sense. If you are that contented on 0.05 then you would look for something bigger since you do know that there are chances. |
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Hello guys just don't get me wrong. As we all know that one day we have to die. So for this I was wondering that if we have at east 1 million dollars in cryptocurrency or just couple of buck like me  and nobody in our family and also friends do not know anything than what should be the possibility. I think that's the reason still there are millions of BTC that are still missing cause of lost key or dead Bitcoin holders too. I think we should at least make backup file and should transfer in Bank Safe so that when they receive than they know how to retrieve it. Still not getting Any merit 😁 The challenge is that unlike Fiat that is kept in the bank, cryptocurrency holders usually do not reveal their key phrase, so it becomes difficult to transfer the assets to a next of kin. Another thing is that some country do not approve of cryptocurrency meaning you can't store your phrase with the bank. Challenge will not be a challenge if you have trusted guys in the house and tell them up early where your private key stored. For sure those peoples who love you know what you are doing and tell them early what activities you are on so that they will be more aware on it. If country does not allow it then there are so many ways to store your private key and you can write it up on your notebook so that they can easily access it when unfortunate things happen. Just let them know on where you do store up those notebooks or whatever writings you would really be that storing those keys but its really something that is risky but well everything does have the risk even storing it digitally or on a ledger or something because it all matters on how knowledgeable into those people who would really be accessing later on when you are already dead. You should really make yourself that be prepared because we are thriving on earning money for them but i dont really have the trust on exposing my keys when im still alive yet there's always chances for them to access it not on the right time. |
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I think the point here is the act of gambling and not literally the gambling games. OP is just trying to point how risky crypto trading that almost like you are gambling your chances of winning. Crypto trading is a very hard profession due to its volatility which is why it’s always being incorporated in gambling nevertheless it’s really different in gambling since this is buying assets and hoping it will go high while gambling is just relying on chance to win.
This is why some common people think about crypto trading which is almost synonymous with trading. Because it depends on how a person trades properly, not prioritizing greed, because trading that is carried out in extreme is equated with literal gambling. Trading like this will be very risky, without any management and strategy. They just trade buy and wait for when it will go up or when it will hit the price they want. Staying away from this kind of trade will save your money and your mind. Very wrong misconception specially to those who are complete newbie or have zero knowledge on what trading is all about.They would really be having that impression that trading is just an easy buy and sell of coins without even realizing that its never been hard unless if they do have the actually experience but let them be because sooner or later they would really be that able to know on how risk trading is. I do agree that it does have some sort of gambling whenever you do make out decisions or positions which it doesnt really have any analysis on it or simply a guess because of guts and intuition which is never been suggestible. |
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Let's say you join a give away with other user and both have to select a number between 1 and 10, you go for 7 while he goes for 9. The winning number is 8.
If the prize is 0.1BTC what would you do? Split the prize and walk away with 0.05 or Reroll to gamble for the full prize?
I say it depends on the situation but judging the said scenario, I'm already lucky to win half of the prize and re-rolling it again doesn't guarantee that I will walk away with the full prize because my chances aren't that great too. Plus, in my situation, that kind of money is already huge as it would take me few months of labor just to have that amount. If you are living on a country which dollars is really indeed valuable or high then you would be basically be agreeing on split and would already ensure that you had the money rather than on making yourself fight on having a re-roll just because you do believe that you could get the entire amount on next roll which is really indicates that you are just being too greedy. Well, everything would be depending on the organizer if ever they would decide to split up the prize in half with other winner or simply re-roll just to have that 1 winner. |
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I hope so... $12k to $15k is a bit low but if it will happen then that's a good time to buy even more. Maybe that might be possible since in the last bear the lowest price was in $3k but we just have to be patient for that to happen and there's no need to be hasty for everything since it will eventually go there. Everything is just about waiting and see how long it will take to change the market price.
Just like what the above said "time" will move everything.
The lower you have to buy the more you buy and don't miss it... but if you want even lower then be patient and wait for the right time but for me Bitcoin can't be as low as $12k so that moment is not in my mind even though in the future it will happen but I don't care if I have spare money to buy then I buy again when the market price has changed, but my average purchase is $19k which is quite low in my opinion. Yes, time will move the market price, it may go down, it may go up, it's our decision to stay patient. Patience would be mainly tested out when you do deal up with crypto space specially with Bitcoin.If we do speak about factors that make the market to move upward then it would definitely pertains about recognition and adoption and overall everything is totally random which we cant really able to precisely tell on when it would happen.Whether on some bullish fundamentals or would just simply make out some random movements which is really that a very common behavior. This is why its really that important that you should really be making out some accumulation while the market is still on bears. |
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I voted Yes because my “gambling” is never tied to dollar amounts. If I were playing slots it would most likely be because I was extremely bored and didn’t feel like doing any real work. So it would have more to do with how much fun I was having and how much time I had to kill. If I doubled my money, I’d probably be having fun so I don’t think I would stop there.
Whenever you do make use of a fund or money which is intended to wipe off your boredom then you wouldnt really care if you would lose or win.You would be minding on how to prolong such session It does vary on a certain individual because there are really that times which we do mind off about on to make money and secure out but most cases we are playing more just to have more. Stopping is something a main issue for most gamblers which you cant really that able to immediately do such action specially when you are already that greedy. |
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this is pretty promising but i seriously wouldn't recommend buying any crypto in this bear market phase. from a newbies perspective it might seem like a good idea to purchase since bitcoin and other alt/shitcoins are plummeting in price, but isn't that kind of like catching a falling knife? why would you want your hands to bleed on its way down? instead, why not wait til the next crypto bull market phase and capitalize on gains when the price is ACTUALLY rising and exit safely...
Buying bitcoin in a bear market is good and it does not fit your description of catching a falling knife, that is the mistake people make of not buying bitcoin when it is cheap, but they start fomo buying when the bull run or pump starts, if newbies want to invest in bitcoin, then the winter period is a great time to do so. Though people should not buy altcoins during crypto winter season, altcoins are mostly not useful except for pump and dump, so if you want to take the risk with them, take it when it starts to pump and sell very fast before it dumps. People never ever learn and this is why they do really make out some regrets and been whining whenever the market do make out some recovery.This is why its really important that you should really be analyzing on things which it would be sensible for you to get in or accumulate cheap coins when everything is crashing or into their all time low. Just to mind off and believe that the market cant really be just be moving on bears forever.It might took that long but its impossible that we wont really be able to experience bullish market. It do really matters on how you do make yourself that wise when everybody is fearful but of course you should always mind off the risk since future is never been certain. |
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Education is not the only key to success anymore, then we all be believe that, if we don't go to school, we can't make it, the country is something else, we should find all means to be a successful person in life, education is good, but we have to find all means to make it, country which a graduate is riding bike, someone that spend thousands of naira to go to the school, is now riding bike, imagine,
So is always good to invest in once self, than working under someone, which you won't have time for yourself,
Just an advise
Education gives you the opportunity of landing a successful job in the future. While it may not be an absolute formula of guaranteeing you a job, it gives you, however, more chances of being successful. Some may argue that finishing education is immaterial in becoming rich- while this may be true, the chances of one not completing education and becoming rich is significantly lower compared to someone who finished school. Bottomline is, go to school and finish your education. While some may not see its true value, you will definitely see its effects once you graduate and look for a job. And of course, don't forget to always invest in cryptocurrency since its value may potentially skyrocket in the next halving this 2024. Not only a job but also it does really give out that knowledge which would really be helping you on surviving daily living.If some says that education isnt that important then its a wrong perception to have. You cant have a degree but eventually learn up things but totally different in terms of intellect into those who do have finish their studies but somehow when we do speak about guaranteed jobs then this wont really be giving out assurance thats why some people never ever consider on finishing a degree or on whatever reasons that they do have behind. Education is important which it would be a solid fundamentals on living out. |
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~snip~
Based on this announcement, Twitch will update their policy on 18th October. They aren't going to allow the streaming of casino games. They have also mentioned the name of some casinos in the announcement, Stake is one of them. But Stake has announced that Drake will stream the casino games of Stake on his Twitch account on 17th October 1 AM GMT. Drake vs Stake - Round 3
Drake is back on Stake this Sunday, live streaming insane high roller live casino betting!
Sunday 9pm EDT (Monday 1am GMT) on Twitch @ twitch.tv/StakeDrake
Drake will be giving away another $1,000,000! To enter the chance to win, ~~
Seems like Stake.com is trying to take the benefit of the current policy of Twitch to make their last stream there. I'm wondering what Twitch team will do during the stream of tomorrow  I also saw this announcement a few days ago, the last streaming... I didn't watch it, 1 am is pretty late for me! I was wondering if they were going to announce the next streaming place, did something like that happen? Was it DLive? And one more thing I'm interested in, did they force the story about the next place? I guess Drake is really rich, but some casinos had pretty young streamers gambling with millions like crazy... with $10k bets and higher, buying bonus rounds with 6 digits numbers. And before they lose everything they "magically" get lucky and recover with a nice profit on top! I think that casinos will not quit this kind of marketing, the only question is where will they move after tomorrow? Only few hours left before they would really be leaving out Twitch and we would really able to know on what platform they would really be hopping on but surely it would be one of those most common streaming sites. Speaking about Drake then he wont really care on where he would be hanging on and have those streams but its true that Twitch is really just losing some significant part of streams that they do have in their platform but well its their company then its their rules to be followed.They dont just really like for their reputation to be tarnished out even though it means on removing gambling streams. |
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BTC's circulating supply is now 19 billion out of the 21 billion caps.
Is it possible to calculate how much the price of BTC will go up until it hits the 21 billion cap?
I know there is some complicated math you can do about circulating supply, market cap, price etc, it's all connected,
How can I calculate the price potential of BTC within the next 1-10 years?
This is impossible to do, we must remember that the price is an aggregate of what everyone in the market is thinking about the price of bitcoin, this means it is not controlled by a single person or indicator but by millions of people all of which have contradictory beliefs, needs and wants, so predicting accurately what the price will be over the long term is not something that can be done, you could make some calculations which could give you a range, but that is as far you will be able to go in your quest. So many people owns btc but if there are people who owns large quantities of it then I think it's possible for them to influence the price if they will sell it. They can be called as a whale. Many of us only want's to earn so we buy more btc and then hodl it but there will always be whales which are against with what we are planning. It's kind suck though. Other than the whales, there is also bear market but I think this one is mostly natural though I think a whale can interfere with it making the bear moves un naturally or making the duration more longer like on what we are experiencing now. They say it was only a 4 year cycle but I don't believe on it. Yes, the whales can influence the Bitcoin market but after the institutional investors have joined the Bitcoin market the level of the whale's influence in the market reduce. A single whale can not influence the market like what we used to see back in the year 2017- 2020. If you follow the whales alert you'll see a lot of whales movement which shows no significant effect on the market. Back to the OP question, it is hard to predict the price of BTC in 1-10years but if you're good with using the BTC 4years cycle you can have a good guess. Trying to look back into those earlier years then it cant really be denied that manipulative actions of whales do really make out significant impact on the market but it is indeed the market now isnt really something monopolized where the community is been composed by huge numbers where manipulative actions cant really be something that be done easily.You would need tons of billions for you to move on the market. Making out conclusions about on where price could actually go then its actually hard and we know that this had been mainly the questions been asked on where we are going and would be reaching on years to come. |
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There's nothing happening with gambling projects if crypto will be regulated. Im sure that the regulation will be putting its focus into the taxation for crypto users and AML. The gambling platform just need to follow what will be did by regulators. It's quite easy to follow the regulation.
I think this will not become a serious problem for the platforms that are also supporting the crypto.
It will not create a problem as long as the gambling casino is transparent and has no hidden reason on taking an advantage over their players. However, with a lot of regulations around, I guess casino operators will be more pressured and will have less chances to maximize their profits as government will always ask for their share like putting taxes on every deposit and withrawal made in the casinos. Whenever you do build a business then expect that taxes would really be imposed or already automatically part of it which it would really be just typical or something normal.There's no way that you could avoid taxes specially on business which do generate huge income or making huge revenue.When it comes to laws and regulations then expect that regulated or centralized platforms will really be following some sort of rules or guidelines so that they would really be able to continue to operate and if not then expect on what would be the violations that will be imposed or something that they need to pay off due into that violation which is something that they dont really like for it to happen. |
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Thanks Playbetr and Hhampuz for the ride which is indeed smooth and without any problems.
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Ethereum Drop is only a correction, as long as the price of $ 1000 can survive The Ethereum drop will not last long,
but if $ 1000 is broken then of course this will be a special concern,
because the price of $ 1000 is a strong support price for Ethereum, so don't let your guard down.
Not really, in June when bitcoin dropped to 18k ethereum also dropped below 1k but then everything stabilized back above 1k. Even if ethereum drops more in my opinion, that's better than bad, it's an opportunity to buy a lot of ethereum cheap. It can be said that ethereum is like bitcoin, so no matter how deep the drop, it will rise again when the bear season ends. As long as people can be patience and they shall buy the major coins as their holding but the problem it since it was being so difficult to make sure that if people are still able wait for next years. The bullish trend will always come after the bitcoin halving but it seems like the main problem is this time crypto is always rely with movement form the stock market. Cryptocurrencies now don't follow stock market movements, there's nothing to do there, cryptocurrencies are going down because the bearish season has arrived, especially since the world is currently experiencing inflation, so cryptocurrencies are also affected, especially Ethereum, which continues to fall, which follows the price of Bitcoin. for the fundamentals of Ethereum you don't have to worry, because the future of Ethereum is still very long. Economic condition + Recent Bearish market then you could really expect something like this and it is really likely for it to happen even ETH did make out some updates or recent changes. Updates or changes on particular projects doesnt always mean that it would really be increasing its price.This doesnt work on that way and this is something that investors or someone who did make some purchase of crypto coins should really be prepared.Not everytime which your plan would really be going smoothly and this is part of the risk. |
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For me having a martingale strategy only works to a person who has a lot of budgets because we know that we double our losses so there's a chance you get back your lose and make another but or else make another multiplier of losses but mostly in this experience when I'm playing every approximate of five games there's a chance that I earned my lose but again this is gambling there's a possible risk of half chance of winning still the capability of the player to have a lot of bets.
Casinos have known about the martingale strategy for a very long time, and as such they have a very easy counter for it, in almost any game there is going to be a maximum amount of money you can bet, that limitation is there precisely to stop whales players from abusing the martingale strategy and getting their money back, as at some point they are bound to hit the limit and be unable to keep doubling their bets any further, and at that point their losses will be basically guaranteed. Casino owners know how to handle these strategies as they are not here to bankrupt themselves. Of course, that's the reason why there is house edge as well as having max bets in place. Gamblers will always try their own strategies to beat the house, but not very many are fortunate to achieve such feat. Even if someone found a way to earn from this game, this is still a luck-based game where anyone can't apply it to their own games. Very common newbie mindset is that you are really finding ways on beating up the house without even realizing on what the real deal or reality on gambling space specially on dice.There's a house edge and with that alone you are already losing money on longer runs and this should people be realizing on the first place. Beating up dice/house would really be just resulting on huge losses as you do keep on pursuing that target.Play for entertainment and never ever consider yourself on pushing on achieving that kind of goal. Its impossible! |
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I have heard many people say that never sell for a loss but what does it actually mean ?
From my perspective i think they actually mean that they always be curious of the market speculation and it doesn't trigger them or moved them to sell when the price of cryptocurrency is in danger or when theirs an information speculating that the price of Bitcoin is about to fall, so those ones who panic during falling of cryptocurrency are the one who get lost in the market, so in nutshell, don't be afraid of the downfall of cryptocurrency. Yes of course they are the only losers from this crypto trading platform they second guess themselves and think the market is over.The dumping of the market can never be broken. Those who see the dubbing condition in the market are the ones who collapse but lose their entire money and at one point they drop out of the crypto trading platform. don't blame people who really don't buy and sell when prices are high, I'm sure 90% of crypto traders do the same, because the crypto market is very volatile and makes traders experience things like that, it's part of the nature of what the market is made of, iam too experienced it, I bought bitcoin at a price of $ 40k and until now I still hold. You wouldnt lose anything as long you dont sell just like the rest been saying or simply just a common sense thing to do but there are instances which you would need to close a particular position just because you do like to open up a new one which you do believe a lower price or bottom price for you to consider on making profits once it do make out some recovery.Not all people could afford on having that DCA type of strategy and this is why whenever they do experience up some negative or complete losses then it would really be that normal that you would be trying other ways for you to recover at least and this is the most common action for someone to take. |
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-snip
Yeah, what an unfortunate situation. From being VP to Outsiders and coming back to being VP. They just lack 0.5 points to secure that DPC point slot for the TI and they fall short. And the same goes for the LCQ and they're just one victory away to secure that slot and then they fell short. This is a very tough situation for the players when they're too close but became that far. Well its proven once again that WEU region is pretty much the hardest region out there. Both teams from WEU region ended up securing the last two spots to TI, totally cant wait for the official games to start though. I have my hopes up for TI and aside from the prizepool this year, I personally think this would be a great year and some players might be playing their last TI before they decided to retire Yeah, that's right. They're the toughest and the LCQ has proven that it's the strongest region. One of the players that have expressed his retirement about TI is faith_bian. I admit that this player is one of the players that I admire, a champ and real-life humble based on what I've seen and read from the feedback of other players. I also guess that this could be the last TI for some players that have been there for long but I hope Puppey isn't one of them. We need more years to see Puppey as he's one of the longest player in history that's still in shape despite of his age unlike the others like Dendi, Kuro. He's known for that TI All timer.https://esports.gg/news/dota-2/team-secret-qualifiers-for-ti11-puppeys-ti-streak-continues/On the recent LCQ which they do show dominance on upperbracket which i do believe that they would give a good damn fight on the rest of the teams participating on TI11. It would be starting on this 18th and we are all excited on that. |
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First this you should do is check their reputation. If you are looking for an online crypto casino, then choose one from the forum. Go to their announcement thread and see how well they are doing. Look at the trust ratings. The older the casino is, the better it. Select some and then see which casino suits you the most. Look at what they have to offer. Don't always go for casinos that offer "bonuses". Chances are you will never be able to claim those "free bonuses" as the requirements are insane. Even if you are able to, they will limit the amount you will be able to withdraw. You can start with CryptoGames if you haven't tried it yet.
one idea with you if reputation is the main factor to look at for all gambling platforms in my opinion, secondly the issue of withdrawal whether it takes a long time or not and many conditions or not, if only basic kyc is a natural thing because almost all online gambling platforms are definitely mandatory kyc base While without a doubt the reputation, the security being implemented at that casino and the withdrawal speed are very important factors when determining which casino we must select, the sad reality is that many newbies do not put any attention to those characteristics and instead concentrate almost exclusively on the bonuses they can receive and the conditions of such bonuses, but this means casinos with a bad reputation have a very easy time deceiving them, as they can offer bonuses which no legitimate casino can offer. Most of the time people would be looking into this stuff. 1. Fairness 2. Instant withdrawal 3. Games offered 4. Community These are the major things which i do saw where people do prefer on playing on. There are things might not be that included but pretty much sure we are always looking with theses factors and on the time we do choose or select a casino to play on. |
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Your post-picture can only demonstrate how cryptocurrency has changed the world. Doesn't evoke any emotions. Many write "what a pity that I did not invest in bitcoin then", but no one knew his future fate, so what's the point of regretting something that you could not know?
Surely onpoint and this is true and thats why lots had missed out their chance just because no one had really able or who had thought that it would really become valuable on the future? If you do keep on looking back then you would definitely be just stressing yourself and keep telling that if you hadnt just miss out and accumulate as much as you can then you cant really think off that clearly and well on your current investment which would affect your decisions. Lets move on and deal up on the current thing that you are dealing with.Sorry for those who missed out and good to those who had hold for 13 years. |
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I'm sure by now you have read about a casino review site where the admins are trusted members of Bitcointalk, which I believe is good for the community because they have a good roadmap and we all know their capability as gambling reviewers
but what if reputable members here decided to put their own casino will you support them and will this become a conflict of interest if they are already or have promoted casinos in the present or in the past, what's your take on this?
Maybe in the future, we'll have one.
I will definitely support them with all my heart, I see no reason why member of the forum will be trying to grow and I won't support the person, just make sure you are doing the right thing, I see every member of the forum as my family even as we don't know each, but we are still one big happy family, have learnt alot from the forum members and have benefit from the forum members and the forum entirely, so anything that will grow anybody on the forum then am 100% in support of it, I will even go on my own to advertise the casino site to people in my locality, I know their funds are safe so I won't have to panic maybe they might get scammed. Depends on whos that community member.! If its someone who's popular and known then it would be likely you would really be going to support it and test it out but of course you cant really control on what people would really be their reactions whether they would really be interested on the site that they are into or wont really be enough on getting their attention and make that full switch up into this new casino. It do always boils down on whats been offered because just like other been saying that if people or someone cant really be that satisfied on the offering then he would really just simply go back on where he was before. |
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I have noticed that every cycle there are giant ALT coins. In the following cycle, the New top 10 is coming. As per the current condition, please be vigilant to invest in BTC.
Most Alts vanish in a bear market, the main reason is no fundamentals.
There are two methods you can invest, 1) RSI Based 2) DCA(dollar cost average)
I self going to invest in Alts after 2024.
There will be more and more web3 projects , AI projects will come. So be alert on some potential brand new projects.
You cant precisely determined if the current top altcoins would really be outranked in a short time.This is the survival of the fittest and to those coins or projects who would really be mainly supported by the community. We know that this market is totally unpredictable, there's no way that we can tell which one would be lasting and which new coin will really be placing itself on the top.Beating up those established coins on high ranks is never been easy.Unless if a new project will really be getting soo much hyped and people do see its relevance of its utility then there might be chance but the odds or chances to see this one is not that high. |
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