There are also a lot of Chinese whales in 3 of the biggest casinos in the Philippines, there were even hearings about it and some junket related to other hacks if my memory serves me right. As for Marina Bay, yeah it is one of the biggest in Asia that time and the design of it is unique. And I believed up to this day, still one of the renowned not just in Asia but in the world. True but their involvement, isn't as deep and ingrained in the Casino's history and future as Marina Bay Sans do if proven true. This article says the "WinStar World Casino & Resort" are bigger than the The Venetian Macau.  Source : https://www.gambling.com/nz/online-casinos/strategy/the-7-largest-casinos-in-the-world-3307800" WinStar World Casino is owned and operated by the Chickasaw Nation. It’s just one of two dozen tribal casinos run by the Chickasaws in the United States. " Size: 600,000 square feet ...........That is absolutely crazy to think that there are casinos out there that are that big... and still growing. I believe they employ these cheap tactics in order to paint the impression that they are very prestigious, (which they are) and could pay however big the wins of a certain person is if they do win big. It works for the most part as some casinos here in the Philippines get customers solely from the fact that they are massive enough to offer other commodities besides gambling, while customers that are indeed gambling within their casino say they gambled there because it looked so prestigious when you ask them. All in all I think a sizable casino definitely pays, so it's no surprise most houses nowadays grow bigger and offer more amenities. |
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I visited an uncle in another city. His birth year was 1960. He has been an avid gambler for a long time and frequently visits brick-and-mortar casinos. He currently wants to test out an crypto casino. He has heard a great deal about it. He did, however, note that despite possessing the cash, he has no knowledge of how to use cryptocurrency for gambling but would really like to. I would like to suggest that crypto casinos put a video tutorial explaining how to use cryptocurrencies for gambling on their website.
What other features would you like to see in crypto casinos for senior citizens?
I'm pretty sure you're the best guidance he needs. No tutorial from any site will best a one-on-one walkthrough especially when done personally, So do him a favor and walk him through the ins and outs of using cryptocurrency casinos. That being said, there's a couple of good tutorials out there on the internet that you could base your walkthrough upon so you don't get lost in the process. It could also be a good bonding activity given the fact that he's already old and is most likely in need of company especially from his family members, but I digress. Check these tutorials out and use them as a baseline when teaching your uncle how to gamble in a cryptocurrency casino. https://www.gamblingsites.org/cryptos/gambling/https://www.gamblingsites.org/bitcoin/getting-started/These are a few among the best ones that I have used as a baseline for tutorials. Very informative and concise enough that you won't get lost through all the words. Do give us an update about your Uncle in the future! |
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As far I know, provably fair technology in crypto gambling is simply the application of cryptography/hash functions onto an specific market or purpose, so one can verify the gambling results in a trust-less way. The theory behind it is not actually new.
I am not sure what the first platform that started this trend was, though.
I'm remembering one of my friends mentioned that Counter Strike: Global Offensive actually used this technology for one of their skin-gambling games. The CS:GO provably fair thing was actually controversial somehow but I don't remember why exactly. Something happened tho.
You nailed it mate and just to add a few things to what you already said, probably fair systems may not.be peculiar to cryptocurrency gambling alon and game harsh verifications may be fair from what a provably fair system is in practice. Thanks!  It was a topic full of skepticism and more doubt because of the fact that these sites are still controlled by a central entity, so people who are none the wiser with how true provably fair works think that they are rigging the system to their favor at the expense of people's hard-earned skins and creds. The truth of the matter is I haven't really dug deep into the issue when it first came out but just like you guys, I was made aware of it because the term "provably fair" is not something that you would normally see outside the cryptocurrency industry. Maybe that's one of the reasons why it became so controversial at the time as well, back when trust for crypto is practically nonexistent due to multiple reports of newbies getting scammed and whatnot. |
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A person is able to overcome any addiction, if only the desire and gambling addiction is no exception. It is only necessary to admit the existence of the problem and deal with it. Most of the same gamblers have a gambling addiction are afraid to admit the existence of the problem and are trying to hide their problems from the environment. Only by understanding what your problem is you can develop a plan to combat the problem. Otherwise, nothing will work. If you feel that you have a problem with gambling, then tell the people closest to you who can help you.
We don't live in an anime world were simple will power could get you through anything. Sometimes gamblers who have succumbed to addiction outrightly require professional healthcare assistance. Addiction is a serious mental illness and is not something you can pass off as a simple problem with discipline, although not gonna lie that's where it all starts. Gambling addiction, like most forms of addictions are easier to cut off when the bud is just little, so judging from that statement, it's much better to actually recognize that you need help as early as possible, because it will hasten your recovery and you can get back to your life faster. I would agree with your statement though wherein it all starts with recognizing you have a problem, because that is true. You can only be given help if you recognize that you yourself needed it. |
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It has been integrated into my gambling discipline. Everytime I feel like I have lost enough for the day, A thought at the back of my head will remind me I should take a breather and I listen to that voice because it knows better than I do that I need to take a step back and maybe control myself. The key to becoming a healthy gambler isn't knowing when to stop or when not to, because let's face it sometimes we're just on a streak of losses or of victories and we don't wanna be interrupted, but what sets a good gambler and a gambler that is likely to be addicted later down the line for me is how they respond when they finally get the urge to stop gambling and rest. A good gambler will listen to that, maybe even reflect upon the actions he committed prior to stopping. A bad gambler will not stop even if his life depended on it.
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Their fears aren't really baseless. There's a huge discussion to be made regarding the profitability and financial security of employing crypto payments especially in the case of small-time businesses. Large businesses of course could weather the storm even if bitcoin or any other crypto they use for payments go to zero but micro-businesses and e-commerce? Not so much. There's a huge margin of risk that they simply couldn't take lightly, that's why it's still not a ubiquitous feature.
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I don't follow high rollers because everyone can be one. You just have to have the balls to place bets as big as they do. What I follow though, are high streaks players. Anyone who I saw winning in successions with every game there is, I follow. Especially for strategy games that require rigorous thinking and planning. That way I can secure wins more likely than the person who tails high rollers. Someone playing this cam of game will need to have a big portfolio so you will not end up bankrupt.
I can see that this kind of betting is meant for the big boys who have money and are ready to take big risks not minding how much it would caused.
If you have a big bankroll then you can easily play this kind of game.
you can follow high roller games without matching their bets, especially for games like sports betting where you can place a bet of your own choosing. That being said it is a different story if you're trying to follow how these people bet too, including how much they place, which in that case you would be required to drop bags and bands. |
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There are facts such as the dollar will lose its dominance, but the problem lies in finding an alternative that represents the global monetary reserve currency. Most of the countries you are talking about such as China, Brazil, Saudi Arabia, Iran, Russia, Switzerland do not have attractive currencies to be an alternative to the dollar. It is true that countries will begin to diversify their reserves, but The dollar will remain attractive.
If the process has begun, it will be long, and the percentage of the dollar will decrease as reserves in central banks and individuals, but without a world war, we will not see much change.
Exactly. Forget about it being publicly attractive. No coin is as dominant and as efficient as the dollar you'll have to admit it. Diversification isn't necessarily resulting to these countries relinquishing support from the dollar, save for I guess, Russia, China, and Iran, which is what dedollarisation is in essence. Sure, they can hog as many of their resources as they can, but when it comes to international commerce, dollar remains supreme. And until a currency efficient enough is made to challenge it, this will be the case. |
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He's exemplar of Cantillionaire privilege.
I don't know what that means, but personally I wouldn't lump Munger and Buffett into the same group as all the other people you mentioned--at least not Buffett, who seems to have had a decent sense of morality about him all through his long business life. Bitcoin isn't going to topple whatever it is you think they built their businesses on, either. If it was going to do that, surely there would have been some signs that progress was being made after 13 years, no? I don't see Wall Street cowering in their wingtips because of crypto. And everyone is free to have an opinion about bitcoin; a lot of people don't like it or don't understand it, but I wouldn't blast anyone for that. Bitcoin will survive no matter what any CEO or banker says. It's the government and their proclamations that ought to be listened to, and very carefully at that. It's hard to support these people nowadays, thinking that bitcoin is some sort of anti-capitalism weapon that is supposed to bring the power back to the masses when in reality it's far lesser than that. These visionaries getting more out of hand and out of pocket by the day. How? Bitcoin and Berkshire Hathaway are in totally different categories. The former being a currency/SoV, while the latter being a holdings company for multiple revenue-generating businesses.
I do agree that they are financially privileged hence why they have those opinions though. They just didn't look at Bitcoin with a wider lens. Like as if the entire world was only the United States.
Coz OP thinks bitcoin is some sort of savior that will topple the whole capitalist system to its toes when it can't be any farther from the truth. In reality the coin even thrives in this system, and would not even become this big if not for countries that follow capitalist ideology. Out of pocket bitcoin evangelists who make bitcoin look as if it could solve all the problems in the planet. |
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You contradict yourself. How can people who do not have a job, and therefore extra money to buy certain products, afford to buy them?
Can't agree anymore, I live in one of third world country where majority of people earn low wage and live in poor, many people doesn't want to buy and appreciate an unique craft, it make you wasting a lot time to earn low profit. I knew there are a lot craft man who's creating good wood craft, painting, and others, but their life are really poor and they can't change their life. If you're poor and live in a poor country, if you want to change your life, you should work as a freelancer where your clients are from developed countries or you're move to the developed countries. Agreed. Although that in itself is easier said than done even qith the opportunities provided by the internet nowadays. That being said, it's still one of the most effective methods to get by as a person who unfortunately was born and grew up in underdeveloped countries. In my experience, if you're not well-known, art is not going to be the career for you. Few make it out in that industry and the ones that don't oftentimes find themselves living in the streets subject to abject poverty, so I really agree with you in that statement. Although I guess as you have said, that comes with living in a poor country. You'd rather make sure your stomach is full before your eyes. And since you only have enough money to get by for the day, you won't have the opportunity to buy stuff like art pieces or whatnot, even if you wanted to support them so much. |
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Well, I have to clarify that personally I have never had any loan or debt in my life so this thread has nothing to do with my experience but intends to find out how people in loan/debt deal with the problem. Let's say you take loans from a bank and sometimes for whatever reason, you can not pay the debt on time, then you borrow money from other channels. Sure this works for a certain period but later bad things may happen, you have to postpone the payment and struggle with finances again. Isn't this a vicious circle ? How would you deal with the problem ? I am all ears.
Taking out loans and debts from people or entities like bank is surely a little addicting, but not for the reasons you think. In essence, taking out loans aren't that addicting, but that could be a good thing or a bad thing, it just depends on whatever you do with the money. For instance, if you take out loans to make fund your portfolio and increase the levels of your investment, that's good. But I advise that you only do this if you can afford to pay it out, otherwise don't. But if you keep on buying liabilities with your loans, such as cars, strippers, or things that won't hold value in the future, and you maintain this lifestyle and way of thinking, you got a problem on your hands. |
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Suppose I am doing business through an online Facebook page and website and want to accept Bitcoin. But now if I look at cryptocurrencies it comes with high volatility, and I have doubts whether accepting Bitcoin will be profitable for my business. I really want to know your opinion on this and what are the initial steps I should take if I adopt cryptocurrency for my business? Because I see many people on the forum are taking steps to accept Bitcoin for businesses and that's why these questions araised in my mind. this was a problem of the past. As what others have said here this can only be a major problem to you if you have a business with a static price advert that needs to remain that way to the length of your business. But most online enterprises nowadays, especially ones that use cryptocurrencies as a payment method sees businesses going under the rug over bitcoin/cryptocurrency"s high volatility rate, and so they impose certain programs and parameters that automatically update depending on bitcoin's value, sometimes even real-time. So if you are looking to set up a business but is afraid of the implications that the high volatility of bitcoin may incur, I would suggest you look into these applications as well. https://github.com/topics/crypto-price-trackerThis one is a good application you can use and implement on your online shopping mart. |
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Most people misrake the hype that bitcoin halving brings as the only reason why it will increase in value. Which is true to some degree don't get me wrong. But apart from that, the main reason why bitcoin's price increase and why hype around it rises is the fact that it halves the circulating supply of bitcoin in the market, effectively increasing the demand for the coin and in result the price. So will there be a time whe bitcoin halving comes and the price doesn't move? Yes. But that will be when bitcoin stops getting transactions and users to support. As long as there is support and users, bitcoin will remain valuable.
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With combined efforts from multiple countries, bitcoin can indeed be stopped. But that is a farfetched fever dream if you ask me. Approximately 80-90% of the world's current bitcoin-user population must be banned or prohibited from using bitcoin in order to effectively dump bitcoin's price and have it lose its blue-chip status. But as we all know with conflicts brewing in between borders this is so impossible. Then again, I'm not saying that conflict is good because it is not. I'm just pointing out the futility of the idea that bitcoin could be stopped. Which in paper it could be, but in practice? No.
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Network congestion is going to be a problem in the future and as much as I hope that there's a solution hidden in plain sight somewhere, we don't. But that wouldn't stop Ordinals and subsequent NFT projects to want to build their names in the bitcoin blockchain. If anything, they may take it as a challenge to be surpassed even. In any case, we already had NFTs in the bitcoin blockchain since 2014, so I don't see what the point is of these fucking purists who don't want anything to do with NFTs when it's one of the most successful concepts in the industry. @Pooya87
thats where meme NFT fail
however.
you have missed or skipped a step, or subtly avoided a step
the usage of web3 and decentralised tech
is that by setting up platforms that require usage of a (decryption)key or permission. then makes that product useful only by the product owner and those he gave permission to
EG encrypting a song.
then hash the encrypted file to have an ID that represents the ownership of file. where the transaction also includes a way to move the de-crypt file key aswell as ownership permissions
use the hash in a NFT platform to trade. whereby. the owner/permissioned user gets the key to unencrypt the file and use the content
where by anyone found with an unencrypted copy of the song, without a key. can be sued. (yep it makes court evidence of IP, copyright fraud easy to judge and prosecute.. so much so it becomes as easy to prosecute/fine a person as "show me a valid parking ticket for the car space we think you didnt pay for, or pay $200 in 14 days")
this step has not been utilised yet.
there are numerous examples of utility.
just utility that should be on subnetworks and platforms. whereby bitcoin network just sticks to payments and not every property licence imaginable on a IP registry
As much as Pooya has a point in the fact that artists switching to the NFT industry is more like relinquishing an old slave master for another, you also have a very sound argument on how this can be solved. One thing that he did miss is the fact that the artist has full liberties to embed his piece to the blockchain, via encryption or whichever method they see fit, which provides ownership to that particular buyer. Now on the case of compensation, I don't think artists will be given a doodoohead-useless coin. Most openmarkets nowadays use blue-chip crypto for payments like ethereum or sol, so if's not like these people will be taken advantage. To add to this, in the current shape of let's say the art and the music industry, the artist gets taken advantage by their labels, on Spotify alone artists aren't even paid more than 50 cent per play on their song. At least when they switch to NFTs, they have full control of how much their pieces are worth, plus they get to bag royalties from resell too which they normally cannot on a conventional label or organization. |
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What goes on right now in Nigeria if proven true is very catastrophic. You don't fforcibly make your people adjust to a drastic change. You give them enough leniency to understand the ropes. Poor governance on Nigeria's part. As much as I love seeing people resorting to bitcoin for everyday transaction, being a hopeful fan of the cryptocurrency as well, if it's at the expense of millions of people suffering because their country forbade using cash for everyday use then that's just not it for me. I hope things get better in that country bro. A lot of young genius minds in there that would be jeopardized once again due to poor decisions
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It doesn't sound like a very clever or well thought out idea. The whole thing sounds like it would be heavily opposed and not in any way welcomed by charities because in reality gambling is the source of a lot of suffering for many people with very few winners not outweighing that fact. If people wanted to give to charity, their are much more effective ways of doing it than via what many would consider a vice for pleasure and entertainment, putting down a small amount with the hope of winning a much bigger one. However the other end of the spectrum, the extreme addicts, can end up in all sorts of miserable situations which are often what charities are trying to solve in the first place. It's like cigarette companies sponsoring a healthy sport like football - there is clearly an ulterior motive.
You'd be surprised by the sheer amount of desperate charitable institutions out there that are bleeding money every single day, and would be willing to accept donations and money wherever it vame from. At the very least these casinos are more than capable of providing "clean" money albeit coming from the misfortune of their players. I think it's only fair that these organizations be allowed and be obligated in some circumstances to donate money because they gotta give the money back to the people somehow. |
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I haven't seen any thread here so I made one, well I think there are not many who wants to discuss the woman's NBA but it is worth the shot,
That's probably because nobody or less than 1% of the sports bettors in this forum gamble on their games. WNBA are not generating enough revenue year on year to sustain the operations and the last time I read anything significant about them was that they're able to raise millions early this year for a business model revamp. As Bill Burr said so eloquently, the WNBA has been failed by women. Women aren’t supporting women’s sports the way men (or women) support men’s sports. This leads to a major difference in revenue and thus salaries for players. If women supported women’s sports more, maybe networks would start making a bigger deal about their games and people might eventually take an interest. Exactly. Rarely do I ever see WNBA seats being filled and let alone having women fans, despite the fact that it is a derivative of the sport that they so fought for to have a version dedicated to women. Just saddening how "women empowerment" only works when it's convenient for them.
Yeah right, she should learn or not just her but everyone should and not to repeat this same mistake when travelling outside your country
US can't protect them everywhere.
Let's focus on WNBA and the chance of seeing her playing inside the court again,
it will help her to forget the issue that she was during her detention inside Russia's soil.
In actuality, I am against the prison swap, the worst criminals would let lose and for Brittney Griner to have a minor offense of a crime should be treated with utmost high regard by the government, and making a swap like that that have really done something wrong have really made me think that Biden administration was very low and poor with their decisions Griner was really sentenced and have committed a crime if that smuggle narcotics was not illegal in the US well think again because there are far more worst sentence in the different countries, even here in the Philippines smuggle narcotics is really illegal and for me, I think that Brittney Griner is really lucky to just have 10 years in prison but if she was arrested in a different country my point here is what if she was caught in one of these countries, worst case death penalty, ChinaIn China, if you are caught with drugs, you could be forced to attend drug rehab in a facility run by the government. Execution is the penalty for some drug crimes VietnamIn Vietnam, drug crimes are taken very seriously. If you are arrested with more than 1.3 pounds of heroin, you will automatically be executed IranIf you are caught with drugs in Iran, the best-case scenario is a large fine and the worst-case scenario is the death penalty ThailandIn Thailand, those trafficking narcotics may be put to death. Drug users are frequently sentenced to mandatory rehab Saudi ArabiaThe sale of drugs in Saudi Arabia almost always results in the death penalty. Saudi Arabia and judicial authorities are not inclined to make exceptions. Alcohol use is illegal in Saudi Arabia, and possession or use of alcohol or drugs can be punished by public flogging, fines, lengthy imprisonment, or death SingaporeSingaporean police will assume that you are selling drugs if you are caught with relatively small amounts. If you are convicted of selling drugs, you will be sentenced to death Well, I really don't know if the article is updated because in the Philippines there are now different offenses for illegal drug possession, here is the ARTICLE True. I was so surprised that the Biden Administration would be willing to trade in an Arms dealer that they took lots of respurces to capture, over someone like Brittney. Then again I do not mean any offense to her or her family but just comparing how integral it is to keep thwt arms dealer behind bars and Biden being more than willing to let him go is just astonishing for me. |
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It's good, and a win-win situation for both sides. As the casino avoids having to pay high taxes due to them being classified as a non-profit/charitable organization, and it's also good that they are trying to help people with the earnings they accumulate, although it is only good if they donate these earnings through a bona fide charity, and not one that they just setup to funnel all their earnings into so as to avoid taxes like what most rich people do nowadays.
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Honestly you're better off completing the KYC, and opting for sites that offer KYC privileges, because more often than not sites that do not offer such features turn out to be scam sites or shady casinos that will drain your wallets. Take 1xbit for example. The site has a bad reputation here because of multiple things stemming from scamming their people and the first red flag? You guessed it. The site's lack of KYC features even when you deposit. So not to sound like I'm lecturing you and all but if you'll take my advice and not laze off your precious funds, you'd be keeping them for a long time, without getting hacked or scammed by some dodgy site.
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