Gambling is becoming a popular thing in my locality almost everyone gamble and even colleagues gamble and engage in gambling related discussions at work, so gambling is legal and very popular so there is no Shame in using part of a salary to gamble with that is why I am asking the question of what the right percentage from my salary that I should use to gamble?
Ideally you shouldn't dedicate a portion of your budget when you gamble, cause that paints the image in your head subliminally that you're prepping yourself for something like gambling, which is not supposed to be something you should look out for. I think you should not give in to peer-pressure too, just because gambling is becoming a more widespread activity amongst your countrymen and colleagues doesn't mean it's the best thing to do out there, better yet not the most productive thing you could do out of your spare time. Pretty sure these people when unchecked will end up becoming gambling addicts and a menace to society once shit hits the fan and they don't have money to splurge on gambling anymore, if you wanna end up like these people then go for it. Gambling out of peer-pressure is one of the most stupidest things you could do to yourself, you're literally digging your own grave just because your friends are telling you to do it. Research, find out for yourself if gambling is really for you, don't go out there thinking it's good to gamble cause the hot co-worker told you she's gambling. |
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I beg a pardon if a thread like this has existed here.
I have been around my gambling friends and I have always acted to be 100% sticking to my gambling budgets such as how many times, a specific time and how much to spend on my gambling.
Once awhile I actually breaks that budget but though it does not affect my daily life and my bankrolls.
I literally claim this righteousness on my friends who are running out of their emotional control from gambling and psychologically I expects them to have me as an example whom they should emulate from in other to be recalled and take back control of their emotions while gambling.
Does any of you guys have any negative side of gambling habit in you which literally you advices anyone not to exhibit it?
Or can you afford to hide your real disreputable gambling life just to help an astray gambling friend or relative?
I mean, you could do whatever you link, bring out advices to people when you think they need them and all that shit, but you have to remember that the only person you're really fooling in this situation is yourself. You know for a fact that you go overboard and that you are in no way "a responsible gambler", and yet you go out there thinking you're the perfect example to your friends of how you should really gamble. Nothing wrong about it if your friends end up switching their lifestyles and going for a healthier approach at gambling, but at the end of the day you better be ready for the consequences and the ensuing distrust and clowning once they find out you're not really who you're painting yourself to be. Perhaps a good change of approach is actively assist them in how to achieve a more responsible gambling attitude, so you don't end up looking like the fraud you are to these people and you're also learning how to be responsible as a gambler yourself. Hitting two birds with one stone so to speak. If you need information and resources on how to do so this forum is a treasure trove of that. Just pick which ones work for your situation and you should be good to go. |
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Casinos existed without the need for KYC's until the government made it a requirement, and they started demanding it. IMO If the government no longer requires casinos to do KYC verification for new gamblers, casinos will go ahead and still do KYC verifications because they have seen the benefits of knowing their customers better than when they just allowed people to come onto their platform and gamble without their knowledge of who they were. What do you think? Do you think some casino's will revert back to non-KYC and allow money launderers, plus other fraudulent people have their easy way with them as a way to attract customers, or since they recognize the personal benefits of KYC to their casino, will continue demanding it even if it affects their customers?
Could be the case, could not be. Depends on what really matters for the casino itself. The quality of the customers they serve, or the amount of customers who can just walk in on their sites without any issues or qualms about verifying their identities and shit? I feel like some casinos will definitely choose quality over quantity, and would retain the use of KYC, besides, it's much more tiresome to delete a feature than to keep it as it is when no one's enforcing its removal anyway. On the other hand, there will be casinos that would immediately take the verification system off as they themselves see this as nothing but a shackle that keeps them from expanding to gamblers who are exclusively gambling on casinos with no KYC requirement, no matter how small or niche that community is. |
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In years past before the casino and other online gambling bet platforms was discovered and brought to our knowledge, I and some family relatives used to play the card games but on the sequence some of us were becoming unserious in the game that it wasn't competitive so, we decided to have stakes with little amount of cents of $ which we could afford to loose just to buckle and cheers everyone up.
Time goes where we increases the stakes to make us more serious to the extend we began to bet about $1 which we can afford to loose at other expenditures but it seems unbearable loosing it on the caused of betting.
On a serious note, we saw this as a mere bet of competitions and not as gambling. As we advances, we saw it as a domestic gambling and not as the wild gambling that could cause one emotional outbreaks.
Time goes that it becomes unusual that we began to feel offenced and rebelled that we as relatives(1 family) are extorting from each other without empathy for one another and then, we unconciously grew wild developing in sentiments, greeds and taking it as an avenue to make profits.
Alongside, it was more of serious business than the just fun.
Then the casino and other online bet platforms was introduced in time. This was how I was exposed and my begining of gambling life!
I do not understand the point of this post like, are you trying to be a cautionary example to people who have been afflicted with gambling addiction, are you trying to set an example of someone who's more responsible towards gambling, in which I'd like to say you suck cause you didn't even give us anything to be inspired by or whatever, or are you trying to share your story for the sake of sharing it, in which I'd tell you you're not as unique as you think you are, cause most of us here started that way as well, from friend and family gatherings that were once unserious turned into a more competitive setting, then we get tired of the low-stakes of it all and decided that we need more zazz when we gamble which turned into this lifestyle. Not here to hate or anything (although it may sound or look like that), but we got enough spammers in this board already, make a pointless post and you're just adding up to the general spam and lack of good content, be more sensible with your posts, don't just post for shit. |
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I've read a lot of comments in this board stating that a user is required to undergo KYC if their account is suspected of cheating. Can anyone explain how it is necessary related to the subject? A detailed explanation would be better, but everyone's ideas are welcome, as I believe it's worth discussing so gamblers will not be misled regarding this matter, which pops up from time to time.
I feel like out of all common topics here in this board this is one of those that needs to be reiterated no matter how many times it’s required. People will not understand from the get-go why it’s so important tohave some verification system especially in the casino industry and questions like this will always be there no matter what.Regardless, here are some of the reasons why KYC is a thing in most casinos, reputable ones at least. 1. To abide by KYC/AMLA Regulations: Some countries where you want to operate a casino in, require strict regulations of identity verification to make sure you’re not engaging in criminal activities, particularly money laundering. Casinos require verification of identity not to stop money launderers to do what they keep doing, but to have dome sort of lead to apprehend them when needed. 2. To sort of prevent and punish fraudulent activities: Since players are required to undergo KYC at any point, casinos are given a pretty great grasp of what they have in front of them. In situations where a hacker, a scammer, or someone with fraudulent activities do their thing, the identity they have stored for verification purposes may be used to ID these people and put them to justice. |
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not sure if a thread about it has been posted here. anyway, recently videos are being recommended to me by YouTube and it is about a 2V1 MMA fight, at first I was curious and thought about how would this work and how unfair it would be for the 1 guy but to be honest I find the fight intriguing and enjoyable. now I am curious, do you think this type of fight would be popular in sportsbooks? to be honest, I think this could get popular if enough hype is put into it. if anyone is curious here's the most recent fight that I have watched https://www.youtube.com/watch?v=RyfQRhGwcRk so every wrestling/MMA league’s slowly devolving into showmanship and WWE huh? In one hand this is certainly something I would watch out of curiosity, since I would want to see how the mechanics of the game play out, how they declare winners, and how they make sure that the fight is still relatively fair, cause let’s face it no matter what they have to make sure it’s fair otherwise people are just going to see bloodbath. Which if you are into, I might have to call on the cops on you. Kiddings aside there’s a lot of nuance and disgruntling concepts behind 2v1 MMA fights, that I don’t see it becoming successful or anything. It would be a niche fan favorite I would say, but it wouldn’t gain massive and dedicated following, that’s for sure. |
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Good chance that some of the people who stream and have been able to snag sponsorships with gambling sites have demo qccounts, as there is no real way you’d be able to drop jackpot after jackpot which some of these streamers experience on the daily.
Furthermore. It just makes sense to paint a picture of success and ease to these streamers’ impressionable viewers especially nowadays when more and more fans fall victim to their idol’s antics. Gambling sites would’ve most definitely catch wind of this and would use this tactic to further their marketing goals.
Some don’t even use demo accounts anymore, they blatantly use accounts funded by the gambling site with odds that are most likely jacked to fool the viewers into thinking that the casino their favorite streamer’s playing in is generous and fun. Blatant jackassery if I do say so myself
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Can't stress enough just how important it is for people to have level-headed temperament when you're investing.
You can't go in and invest on shit when you have a lot of stuff at your plate you would need to deal with first, especially if it's got something to do with your current mental stature, affected by your financial situation. Stave off the wound first and then go back to bettering your financial state.
Bitcoin's not going anywhere, Ethereum will stay ethereum until the heat death of the universe, rushing into things is going to cause you even more unprecedented issues if you keep at it, so might as well just focus on stuff that is at hand first, and then go back to your investing journey once you're at a state wherein you're able to deal with it full focus.
As much as people would hate to admit it, doors open and close all the time, yes you would have to time it out but it doesn't mean you need to watch every door that opens just so you can get in. Be smarter, and take care of yourself first before you go out here investing money you could've otherwise used to better yourself.
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That is if Bitcoin becomes its own standalone currency, and is not backed nor pegged in the slightest to any form of tangible currency out there, cause at the end of the day believe it or not but Bitcoin is still a little reliant to the power of the USD, despite the fact that it could pump on its own while the whole outside market's in shambles.
At the end of the day if you wanna make use of your crypto, or in this case, bitcoin, you would have to convert it into spendable cash, since no one's out here accepting crypto payments yet, and even if they were it's at cutthroat rates that you would be forced to just use buy shit the regular way anyway.
So until the whole crypto market could substitute the fiat economy, and that's a long ways to go mind you, people will always be reliant to the dollar or to whatever is the international standard currency at the moment, even us folks out here. What we can only do is to save the value of our wealth by buying crypto and holding it for dear life, and that's it.
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Wealth are not gambling or chasing the quick profit.
Wealth true strong wealth it's like energy creation of value+utility + hard work + quality+ and finest craftmemship.
Not just money and material things but everything even what you eat how you treat yourself.
The success and wealth it's all your lifestyle and how you also respect and treat yourself.
In life things happening to be the way that everything comes full If you are poor it's not just money problem you need better healt better education and better friends around you and more good vibes more quality and more value in material things and in knowledge and Even in your time.
In otherwords If you seems to not making money you have to change everything.
When it comes to investing in crypto or anything else those who really search for utility and value Will be winners.
I have learned hard way that money comes when i focus on value knowledge and hard work.
So If you surrounding yourself with people who value their time and they seek for quality and value then you connect with same kind of people.
People tend to think that If they see ultra super wealthy person and see the numbers that there is main thing money but it's not there is high value high quality of everything you have wealth more how you value your life your time and who you associate.
So in crypto it's fun to search fast gains but to be honest you make more wealth with patience and focusing in value and quality.
So the truth is you have to become quality minded person forget about numbers just focus on what ever you do it's associated with value and quality and utility
If we're talking scientifically here, we all know thanks to the laws of thermodynamics that money is neither created nor destroyed, and is equally distributed towards a system in a process called entropy. Even in the metaphorical sense, you'll come to realize that money is not in any way comparable to energy, because at the very least energy when in an enclosed system is fair and shared whilst, money, needless to say, when kept in an enclosed system of people will end up in somebody else's hands while the rest are left in poverty, eating the crumbs of the 1 percenter who was able to conquer it all. Also wouldn't bother to read the rest of your stuff since it doesn't seem to add up to your concept of money being something that you can compare to energy, so let's just wrap it up by saying that you're onto something, but that's something's a little wrong and skewed, money is money, money is not time, money is not energy or shit. Money is something that you gain by being smarter and more cunning than everyone else, let's face it. And if you're going by the fact that money is earned over time by being very healthy, or industrious what you're gonna end up with is a retirement plan that barely finances your shit when you're already 80+ years old. |
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As safe, if not even more dangerous as keeping it under your bedsheets I guess?
I mean, these things corrode and fade away over time, do you really expect them to retain their quality for decades after putting them under dirt and soil, possibly exposing them to the elements at the same time? And any burglar with a metal detector who vaguely knows you got something hidden under your backyard's soil?
Plus in the case with the Philippines where the denominations of money change as fast as a girl changes her mind, you really can't reliably put money in piggy banks like that cause the next thing you know, the money you have saved up for years is already obsolete, and you can't even use it to buy some shit, exchanging it in the central bank is more trouble than it's worth, and you're left with a pail of paper and coins that you can't even use to buy stuff you want.
So yeah, much better if you would put it to a bank or something, or perhaps even resort to ETFs if you want to invest in gold and other precious metals, it's pretty much the same thing but without the fear of losing it to some hacker, thief, or the acts of god and nature.
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Cause boards like these are very subjective, and people can easily call out others on their bullshit at the first whiff of it if they think some guy posting out there's just commenting for the sake of commenting. Plus these are not the types of boards where I would think most merit sources frequent in since I would guess a lot of them already got their shit together, and are probably already well-versed in investing and trading.
Also could be the case that since most people who frequent the trading boards don't have that much sMerits on them from the get-go, they can't send any to other people even if they deem it deserving. So what ends up happening is a board that is not specifically meant for merit-sending, and is instead really all about sharing advices and perhaps some shit they feel like they need to put up to other people's attention.
At the end of the day, what this means is that if you want to receive merit, you have to diversify your content like a well-rounded bitcointalk member, but at the same time, you can't fabricate this shit so the best course of action is to just really be you, and push out content you think is good for the forum, don't make comments or create posts that you think people will flock upon, that's a surefire way to get ignored and be called out.
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Sad that this has to go but I totally understand where sir Sceptical Chymist is coming from, the fact alone that you're doing this shit for an extended period of time while having to wait to get your rations of merits before you can even do something is already a pretty arduous ordeal, add to this the concept of beign potentially taken advantage of by people you barely know for the sake of provisioning merits and actually promoting constructive content in this forum, and you get a pretty exhausted merit source.
It was fun while it lasted, being some of those who continually received merit assistance and content advice after leaving this forum for a lengthy amount of time, but if it meant having to deal with people who can't even increase the quality of their content on a daily basis, then I guess all of us have no choice but to deal with his decision.
Thank you very much Sir Sceptical for being one of the most helpful merit sources around here, and I would never forget just how much you have helped me grow this account after quitting and returning recently. Hope you find further success IRL as you have found here, also hope you get an extra chicken nugget every time you order.
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Year after year before the cross over service there will be promises of a new beginnings, new hopes, vision, wishes and resolution
Government will come up with the budget of the incoming year and and when you look at the budget it is really interesting with hope's of having a better year ahead as in the budget it capture virtually everything including the economy and other aspects of the nation
But every year that passes on the economic situation is getting worse by the day, infact inflation increase with each year that passes making the living standard of the poor unbearable
This makes me to think and have come to the realization and conclusion that surviving in this present economic situation needs a total different mind set such that will make you to think out side of the box
Investing in crypto currencies like Bitcoin is not a bad idea at all
I don't know man, at this point it seems like you don't only need a new mindset, you literally need another job to supplement the rising prices and the ever-increasing taxes that come with it. It's fucking sad that the upper echelons in the industry and society is just able to do this willy-nilly because someone said the economy is in shambles, and us at the bottom can't do anything about it but agree and submit. Makes me want to be an anarchist sometimes lol. At the end of the day, it's high time for us to realize the importance of not only working for money, but also making money work for you. People who can do so must keep in mind that they need to invest on anything, doesn't have to be crypto, and make sure that their finances from future-proofing it to making sure that they have money for the rainy days are kept in check. Enough of my tirade already. You already know how things roll these days lol. Just be smart with your money and be smart with making your money. Once you're able to do that, you're already halfway into financial stability and freedom. |
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The use of robot in the world is really affecting the economy and also causing unemployment.
If you build a company and you are making 1 million dollars as profit every month and then spends 6000 thousand dollars to pay your works and then you are given the opportunity to buy robots for 1 million dollars that will do the jobs your works are doing without it having faults for 10 years won't you go for it there by sacking your workers.
In the next 10 years there will be high rate of unemployment in the world because job's that should be done by humans are now given to robots and by so doing it will also affect the economy of the world.
What you're talking about is Generative AI. The thing is, every great depiction of AI, the "assistant to human beings type of shit" and not "skynet and taking over people's jobs" all stem from a type of AI called traditional Artificial Intelligence. AIs that rely upon the prompt and request of a human being before they can do something, or autonomous AIs that do not need human intervention, but works for the benefit of humans and only for their specific purposes. Generative AI on the other hand is the type of shit that we hate the most, it feeds not from the prompts of humans but from their works, using them as creatives where they would get ideas from like a fucking plagiarist and from there, spew out half-ass content that they would declare theirs. Every disgusting type of AI on the planet right now is mainly depicted as generative AI, and since there's no money involved digitally in the world of traditional AI, given the fact that companies would still in some level prefer the help of humans rather than artificial intelligence, traditional AI is being swept under the rug. |
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A society without classes, private ownership, and where resources are shared by all.
Communism is one of those types of political ideologies that works on paper but doesn't work in practice. Because for it to work there has to be no corruption involved, and let's face it, there will always be corruption involved. Just take Russia for example, instead of it being the spitting image that communism works, instead is the pinnacle of why it doesn't perform as it is intended when it gets emulated in real life. A central power killing of everyone and anyone who would dare try to pry the scepter and the throne away from his hands, kids and women starving, men being sent to war against their wishes, birth rates declining faster than an old grandma falling off a long flight of stairs, and economy that's as flimsy as the roblox Robux economy. So yeah. Communism works when there are no dirty hands involved, but as we all know, dirty hands will always be involved no matter what, and instead of resources being shared by all, and no social classes being present, the only thing that happens is that, no owns shit except the government, and the only one that's benefitting from this is the government. |
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While the same could be said, the thing is that there are certain situations where people literally would risk everything they own and more if they were to put it up with investing. People who live paycheck to paycheck, breadwinners who have no backups and would literally have their families starving to death if they lose their jobs or their finances, and poor kids who can't afford to put money they could've spent on food or stuff that would make their lives a little bit better on stuff like investments and crypto.
In cases like these I hope we become a little more considerate, it's not like everyone's risk appetites the same as ours, and in your case, it's okay to be very afraid especially since it is your first time investing if you were given the chance. It's better to be more prepared than getting into it afraid when it comes to crypto, cause if your heart's not into it you'll just find yourself pulling out your investments at the first sight of a dump just as what happened to me in my first few months in the crypto scene.
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Judging by your logic, money itself wouldn't mean shit even if you say it's backed by the concept of debt. I mean debt itself is a fucking flimsy concept in itself so why are we even having this type of debate. "Oh you owe me something so you must pay me in this amount of doubloons", What if I were to say "No I don't. The shit I owed you is nothing more than paper and if you really want I could just give you a signed paper saying I already paid you for what I owed?" Or what if we're talking about digital money, the ones you send and receive from Venmo, then I go out there changing all 1s to 0s a la Rick and Morty, what are you going to do about it huh? The only thing that's really saying money's real is the economy that perpetuates it, and the government that benefits off of the concept of financial hierarchy.
So yeah, whatever you say about crypto, the same could be said about fiat. At the end of the day, the only thing that's really differentiating crypto from fiat is the fact that one's tangible and one's not. Matter of fact out of both the latter's being used in scams more than crypto lol.
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Their goal is to crush Bitcoin and bring it to their feet. The attack is both external and internal. And trust me they won't stop until their aim of regulating Bitcoin is achieved. By the way if these apps aren't available on the play store and app store for US citizens isn't it going to be available on the official websites of software?
I guess I am behind on the Chainanalysis news. Kindly reply this with the link so I can get properly informed on it. Thanks.
Not sure if that is the idea since if that was the case they could just ban bitcoin outright and make all of the banks and large-scale investment firms pull out on their ETFs, way easier that way than actually banning self-custodial wallets. And as much as I hate to say it I think the intent of the US here is to crackdown on hackers who may have used these types of wallets to keep their stolen crypto like a dragon inside a tower keeping their treasures for themselves lol. I could be wrong about this idea though, but honestly this is just what makes the most sense to me at this point. In the Philippines even exchanges such as Binance are getting the ban hammer and are being pulled out of the App Store and Google Play Store so Filipinos wouldn't be able to access them, they say it's to stop people from getting their dirty paws on these types of exchanges and risking getting hacked and scammed, but frankly enough I think it's just because they can't find a way to profit off of crypto so they are banning it before it becomes an even bigger financial and legal threat. |
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Well, depending on how trustworthy the guy is, I'd either call him out on his bullshit, or I would take him up in his offer since I could trust him on his word, but in your case, where you're the one being put into the spot of having to insure the newbie into investing for himself, I say the decision is up to you. You said that you're not gonna take her up on her offer since it's a little disadvantageous to you then again, don't take the chance just so you could convince people when they would've naturally gravitate towards it if they would.
At the end of the day, as an investor you know to only take up offers that would be very advantageous to you, offering help in the form of information campaigns is the most we could do these days, since the market's pretty much not worked up its appetite yet and it may not do so for a couple of months to a year.
I would highly suggest that you work with people who have already worked on a little bit of interest with crypto and bitcoin next time, preferably those who have made their initial pros and cons research so it's way easier dispelling fears and promoting good ideas.
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