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1  Economy / Gambling discussion / Re: Why do casinos require users to verify their identity through a KYC policy? on: May 04, 2024, 01:01:19 PM
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.

Simple answer Anti Money Laundering(AML) policy is what makes casino requires user to verify identity. All user that suspected to commit violation automatically subjected to AML policy.

Not only when user is suspected cheating, they can also require KYC if your account balance reach the amount which AML policy set to require an account KYC that’s why casino always states on their ToS that they have the right to ask KYC anytime.

I think it's not only casino but other industry as well that deals with money does have KYC. AFAIK, in our country, KYC is mandatory on banks and pawnshop but it could be different with casino since they can attract more gamblers if they will not ask for KYC, but due to the government regulation they are oblige to comply on that, otherwise they'll be penalize and worst their license will be revoke.

When crypto casinos were introduced in the early stage, they don't talk about KYC, in fact they are very aggressive in marketing their anonymous gambling but as we all know, when bitcoin gets popular the government slowly controlling us, that's why exchanges gets regulated and now the casinos. When an account is suspected of cheating, it's normal they'll ask for KYC so if they found out after the investigation that the user did really violate the TOS and that they could file a legal case, they know whom they'll go after with.
2  Economy / Gambling discussion / Re: 2022–23 PBA Commissioner's Cup on: May 04, 2024, 12:00:21 PM
I read a headline that tells about Converge gonna draft Kai Sotto to their team if ever he wants to play on PBA. But his manager retaliates and said that even he'll be offered twenty million pesos, he's not going to accept it because they're going to push further to his journey to international leagues and get close at least to NBA dream of his. They're still going to try no matter what happens just for the sake of the dream of Kai to play there and that's a wise answer.

They are in the position to deny that offer as Kai Sotto's career has been progressing. Big man like him is in demand, and he is still young and could still develop his skills. I don't understand, 20 million? For real? the PBA is dying and people are not watching it anymore, where will they get that 20 million salary?

Kai Sotto could earn $10 million if he plays with the NBA, so they'll gamble on that, besides, the PBA can wait, if Kai failed in achieving his dream, then that's the time they'll talk with his camp and get that 20 million ready. For now, Kai has to take bigger opportunity, not so secure but if he wins, he can make a fortune on it.

Meanwhile, we have the SMB vs Meralco, I thought it's gonna be another easy win by the SMB but it seems like they'll take the loss here and will not play harder since they already secured the number 1 spot and the twice to beat advantage.

66-82 now entering in the fourth quarter, I'm not expecting a come back.
3  Economy / Gambling discussion / Re: [Boxing] Beterbiev vs. Bivol - Undisputed Light Heavyweight Championship on: May 04, 2024, 08:00:34 AM
Unfortunately, Artur Beterbiev is once again injured and this fight will be postponed. The rest of the card, which is the 5 v 5 Matchroom vs Queensberry event will still go on. It is still a good card headlined by Deontay Wilder and Zhilei Zhang but its still a disappointment that one of the most anticipated fights in recent history will not be happening.

Beterbiev is no stranger to injury. Many of his fights have been postponed due to injury. This is why he has so few fights for a 39 year old.

Sad news for us who have been anticipating for this big fight. I haven't read the news yet but thanks for sharing. Is there any timeline or estimate as to when they'll make this fight happen?

Was really waiting for this and my bet was ready for Beterbiev, although he is the older guy but his KO rate (100%) is very impressive, so it's easy to choose him to win via KO.
4  Economy / Gambling discussion / Re: 2024 NBA Season on: May 04, 2024, 07:25:54 AM
Kyrie Irving. So Amazing!

1st half, focused on defense. Shut down Paul George and James Harden, and make it difficult for them to shoot. Kyrie only made 2 points there.
2nd half, focused on offense. 28 monster points. 5/9 in the three-point line and his speed is unstoppable.
That's what Luka needs. Someone to score whenever he is doubled and someone he could lean on in the defensive end too. Dallas Mavericks is strong.
Now, they will be up against the Oklahoma City Thunder in the 2nd round who play up-tempo with young players who are agile and strong. They will have to be more focused on the defensive end, especially against SGA and Jalen Williams. Those guys can score anywhere and Kyrie will have a lot of work to do.

They maintain their composure, even if the Clippers were able to come back in the first half after being down by a double digit, but they Mavericks had the big run in the 3rd quarter and from their, they were in control of the game already. Kyrie was the man, Luka not so on point in that game but with them playing great chemistry, even if one is struggling, they can still conquer their opponent.

So we are now waiting for the game 1 of OKC vs Dallas, it's official now.

What team do you think will win?
5  Economy / Trading Discussion / Re: In order to reach your target, don't rush! on: May 03, 2024, 08:21:44 PM
Traders often click the panic sell in desperation when they see price falling while one who is experienced will look it as an opportunity to make more profitable. We should be able to think clearly in high pressure situation for that we need clear vision of what we are trying to achieve.

To ease things for traders always choose the less risky trading method which is spot long term trading any other method is risky.
Beginner traders might still be acceptable doing that since this feeling or emotion is still new to them. But I guess for old traders, I can tell they’re already less affected and won’t end up panicking easily just because bitcoin price is bleeding. That proves experience is really crucial in trading in order to learn to control emotions most especially when the crypto market is not in a positive condition.

Rushing to be in profits will never work for bitcoin. Note that bitcoin is good for long term asset, so anticipating immediate profits for bitcoin will always end up as a frustration.
6  Economy / Gambling discussion / Re: 2024 NBA Season on: May 03, 2024, 02:26:27 PM
But I still think that Denver with their experience will be enough to win the series for them. In crunch time, they will used their IQ and not sure how ANT can be in those crucial minutes of the game and I'm seeing him not able to response if they need to score big, in my opinion.

True that, if the game is tight, it does matter a lot. I've seen some games where OKC beat the Timberwolves, and I don't even see the young OKC would last in the playoffs. Well we know that they swept the Pelicans but that was because Zion was out due to injury, if he was playing the series will not end that fast. And OKC, they need to beat the Dallas first provided Dallas will finish the Clippers tomorrow, so I'm seeing that Jokic and his friend Luka will meet in the WCF.

Match up matters a lot, if OKC could beat the Timberwolves, then it's probably a different story for Nuggets. What I'm sure here is that the Nuggets are a different team than the Phoenix Suns that was swept by the Timberwolves as that's where they were hype. I'm sure you guys could not wait to witness the game 1, but give them  some rest, bodies needs to heal because they played so hard to be in the 2nd round.

We have different predictions here but the betting odds is the solid basis on how the public sees this series, and AFAIK, Nuggets are favored to win, maybe because they are the defending champion, so if you guys see Timberwolves are gonna upset the defending champion, then you should not waste this opportunity, take it while the series has not started yet.
7  Economy / Gambling discussion / Re: 2022–23 PBA Commissioner's Cup on: May 03, 2024, 01:43:17 PM
Games resumes today, and we have two games as usual.

4:30 PM
Magnolia vs DYIP

7:30 PM
NLEX vs Rain or shine.

It's parlay time for me, I think Magnolia is gonna win easily, not expecting a TNT vs converge scenario and I like NLEX to pair with my parlay as they are on a 3 losing streak, they need to break that so they won't continue to slide down.

You hit the first one but the 2nd it doesn't look like it will be in your favor. NLEX struggle continues, the first half is over but they are down 19 points now. This team is not known to be good in coming back from huge deficit, so I really don't think they'll gonna come back and win. Anyway, there's still 2 quarters, anything is possible but let's be real, chances are very low.

That's very disappointing, NLEX didn't even came to play. I was expecting they'll give their best as it's a must win game for them so they'll not drop in the ranking, but they played they played another bad game, like how they played versus the Phoenix. The hype is over for this team, although Bollick could score 38 points in this game but if that will result to a blowout loss, it's still useless.

NLEX only have 2 players with double digit scoring while ROS had 6, it means they are helping as a team to win unlike the NLEX where the offense are pretty much focus on Bollick, and this is what we get.
8  Economy / Gambling discussion / Re: 2022–23 PBA Commissioner's Cup on: May 03, 2024, 02:37:46 AM
Games resumes today, and we have two games as usual.

4:30 PM
Magnolia vs DYIP

7:30 PM
NLEX vs Rain or shine.

It's parlay time for me, I think Magnolia is gonna win easily, not expecting a TNT vs converge scenario and I like NLEX to pair with my parlay as they are on a 3 losing streak, they need to break that so they won't continue to slide down.
9  Bitcoin / Bitcoin Discussion / Re: Do not get discouraged by the current price of Bitcoin on: May 02, 2024, 09:56:02 PM
Since the price is seeing new lows after the all time high and this is just the start of a month, there is panic selling happening with the dumping and making it seem its all going bad. This is nothing new and it will happen in every bear run.

You cant stop people from saying bad and from dumping their coins at a loss during such periods. Our target is to increase our stash of coins and hence we have to buy at the low when the dropping rate aka deceleration reduces, so you will be buying at a discount from the weak hands.

Let the prices fall, make money from prediction games predicting these losses and dont fret, because cycles are the normal thing in crypto. Cool
Let these people sell and eventually learn a lesson from it. For me, it’s not bad to sell your coins as long as you know already that you’ll end up at a loss. But as long as you’ll learn from your loss, that will matter the most.

Post halving events are certainly testing our patience a lot most particularly for beginners. And even if you fall from it, that’s still fine as long you will not repeat doing the same mistake again the next time you invest and hold for long term.
10  Other / Beginners & Help / Re: After the dip in crypto, when are we expecting ath? on: May 02, 2024, 08:58:50 PM
Im expectinng ATH inn 2025 actually, not this year.
It will hopefully be my last crypto season and I plan to invest less after I quit crypto as much as I can.
I am guessing you are referring to bitcoin, if so, then yes the next ATH might be next year, though it could still happen this year, just as we were not expecting bitcoin to set a new ATH before the halving, but it did, the spot ETF's being the difference. That being said, it looks like you are ready to sell all your bitcoins in the next pump to ATH, i wouldn't do that if i were you, you might prolly regret that you do not own bitcoins sometime in the future.
I might also agree that the next ATH might possibly be early next year, as it’s still far to be realized this year. So there’s no point of rushing to make profits if you think that won’t be highly possible this year. Just stay patient instead and learn to manage your emotions just like how you should manage the volatility of bitcoin. We all know that bitcoin investment is a profitable one, but the problem is we cannot be certain as to when we are going to reap our profits, so just be patient instead.
11  Economy / Trading Discussion / Re: Is there strategy to make profit daily future trade on: May 02, 2024, 03:13:50 PM
Trading signals. More like Trap signals. Cheesy

I don't use those kinds of services because almost everybody here in the forum knows that it's just a scam. Not a scheme, a scam! Be sure to understand that.
So, if you are saying you are making daily profits because of them, I will really doubt the legitimacy of it. Just like the others did in the posts above.
There are other ways to be a successful trader and since you talk like that, I bet you have the idea about it. It may be long term but profit is still profit rather than risking your money and spending registry fees in the damn signal group. I would avoid them if I were you. Or is this also a trap to make members ask what signals you are using?
I doubt if some will ask here what signals OP is using since majority of us here are already aware that trading signals won’t never work in the long run. And those who claim that they follow trading signals that made them to experience daily profits, that’s a big lie for sure. They’re obviously trying to put us in their own traps.

My point here is don’t settle in futures trading if you only rely in trading signals. That will only drag you to a huge loss. Instead, go for the less risky one, and just decide to risk in futures trading if you trade on your funds you don’t mind of losing.
12  Economy / Gambling discussion / Re: [Boxing] Inoue vs Nery For Undisputed 122lbs Title - May on: May 02, 2024, 02:03:17 PM
Yes, I also would like to think the Inoue can at least go as close to Manny when going up in weight. But it seems their strategy is very different. Inoue want's to unify belts and then defend it. But in Manny's case, as far as I know, he will go up in weight class immediately except maybe in the 135 lbs and fight the next easiest or weakest champion that they can find. A very intelligent and careful match making by Bob Arum. And maybe another comparison is that both are under Uncle Bob and so he knows and have the blue print already. But Inoue chooses not to do that at this point and may want to stay at 122 lbs for the time being and clean up the division.
Manny always aim in going up, he could be more than 8th division champion if he didn't skip a division. We can compare him to Manny and that could inspire him but we should not expect too much from Inoue as he seemed to be taking it slowly and doesn't want take an aggressive action about moving up in weight class. That time will definitely come, so let's just be patient and let's focus more on Inoue's upcoming fight and we can again discuss after the game is over.
13  Economy / Gambling discussion / Re: 2022–23 PBA Commissioner's Cup on: May 02, 2024, 01:00:06 PM

This game, they attempted 39 and made 13 only, while the converge had only 24 attempts and made 11 of those. With that loss, they are now at rank 6 with 5-5 record while the SMB is still at the top with 10-0 record.

I ask my friend who were able to bet on that game, he said that Converge was +25.5 before the game, imagine that, so that's really a huge upset. Bookies were wrong in this, Converge was even dictating the game as they were leading most of the time and until the end they didn't allow the TNT to comeback.



So what was the moneyline in that game? That was an easy win for the spread that high, but if someone bet on the moneyline, a big payout will be enjoyed. I like how SMB are playing now, they seemed to be unbeatable and they have been dominating teams, sometimes they don't start srong but suddenly even in just one quarter, they can lead a double digit and they'll be hard to catch up .

Quote
TNT is still going to be in the playoffs but they are not the same team anymore, they really miss the service of Williams because they don't have a consistent scorer that could also play like a mid range game and could play some good defense as well. I'm not saying they'll sign Williams because it does look impossible, but they can find a player like him.

At their ranking, yes.. However, they are so vulnerable and I'm afraid they'll be eliminated in the early rounds. Jayson Castro is not the same anymore, he can still play but he is already old and cannot put numbers he usually does easily.
14  Other / Beginners & Help / Re: What motivated you to join the forum? on: May 01, 2024, 10:00:00 PM
I got interested in Bitcoin to such an extend in early 2011 that I also GPU-mined more than one Bitcoin that I set as a goal for me. I likely visited this forum back then as a guest to dig for information or answers to questions I had.

My first account was registered back in 2013 but this account got locked due to a forum hack and I missed the period to reset my account's password due to inactivity and temporary lack of interest for all around Bitcoin. (Don't care about altcoins or shitcoins in particular.)

I didn't want to jump over all hoops to reactivate my former accountnot clinging to it and thus registered my current one in March 2021. Regarding the journey from 2011 to 2021 and to present, I'll pay more attention to my current account and made sure to stake necessary data to prove ownership of my account if need arises.

My main goal of participation in this forum is to broaden my knowledge about Bitcoin in particular and crypto coins in general and associated topics of security, self-custody and whatnot. I felt humbled when I was invited to participate in a signature campaign and accepted this new challenge for me. I remember old days when some signatures like those of Chipmixer were seen virtually attached to every post, me being kind of annoyed by that somewhat (perhaps I was a bit envious). The head is round so that opinions can change direction.  Grin
Same with mine. I want to be knowledgeable about bitcoin and the crypto space, which leads me to join the forum so I’ll be able to expose to the forum and get involved in it. And when I have acquired sufficient amount of knowledge and experience, that’s when I realized that there are a lot of earning opportunities you can gain from the forum. Aside from investing and trading alone, you can also learn to develop and enhance your crypto skills so you can land a side job that will pay you a high compensation.
15  Bitcoin / Bitcoin Discussion / Re: Don't invest in Bitcoin because others are investing in Bitcoin on: May 01, 2024, 09:32:46 PM
Well said. Prior research need to be done before investing your hard earn money into any financial asset. Following the Media, or crowd and getting involved  into investing in Bitcoin or whatever, like many have done and  regretting now due to loses and mistakes made. This is a clear guide of what everyone should take not of and ensure you understand what you want to get invest in and not from a standpoint of baits (beliefs, quick profits, friends,family) but from a stance of Readiness.
Exactly. Do not be influenced by the crowd or social media but have your own decision towards your certain investment. Know what to invest after you have done an extensive research, and not become blinded by what the people around saying and just go with the flow. Investing is never easy but risky, so you have to be more   cautious on what and when to invest, so you won’t end up getting scammed because you are investing without knowing.
16  Economy / Gambling discussion / Re: 2022–23 PBA Commissioner's Cup on: May 01, 2024, 01:01:57 PM
SMB continued their hot winning streak. Another win by beating the Blackwater. Next game will be between TNT vs Converge, this should be a sure win by TNT as Converge is still 0 in this conference so far. I'm just betting on the team total, it's 114.5 for TNT as I think Converge defense are not gonna work for TNT and TNT are now very confident with their outside shooting. Good luck to bettors like me as well.

It doesn't look like a sure win so far, Converge is still leading in the game, they are on the 3rd quarter now and converge have a 5 point lead. And converge is not "still 0" in this conference as they already have 1 win versus the Meralco Bolts, that's a strong team so I believe they can compete with TNT now.
17  Economy / Gambling discussion / Re: 2024 NBA Season on: May 01, 2024, 11:29:42 AM
I think they never got an issue with these since both of guys are really doing well. Lets not forget that its not all about them since they have perfect roster that works together on both ends. Lets also not forget that Porter contributes a lot in terms on points since he shoot so well and give a lot of numbers to give Nuggets a championship. Also with Gordon which also gives a lot of contribution since the guy can score if needed and can defend well. Plus also the other players which perform there roles so well. So its a total team effort for Nuggets that's why they became a champion and Jokic got a lot more better contribution that's why he got that MVP which he truly deserve that recognition.

Nuggets became more better when Murray is back on the rotation before and that's how they compliment together as a team also make Nuggets dangerous since they have a lot of guy that they can trust on offense and defense.

They developed the chemistry and it take them years to do that, with the same coach of course. So although Jokic was the only one recognized as one of the best players in the NBA, they can't forget about Murray because this guy is underrated and he can explode in the playoffs. Nuggets is really hard to beat because they are sharing the ball very well, they have great outside shooters and good interior defense as well.

Gordon is not an explosive scorer but his defense is very impressive, he can defend anyone, can even give Lebron a problem which is a legend, how much more a player with skills below Lebron.
18  Economy / Trading Discussion / Re: Invest To Learning First on: May 01, 2024, 10:20:56 AM
Investing will never be risk free and finding 100% sure investments is pretty unlikely. But it does not mean that all investment opportunities are sketchy. Actually if you look and study carefully, you can find low risk investments that are established and very good for investments. Then as you learn more about how the market works, you can start learning about taking on high risk investments that might give you bigger rewards.

It's really important to figure out how much an asset is worth and look at its history before you invest in it. This can give you a good idea of what might happen in the future. Also, getting help from outside experts, like consultants, can be really useful. They can help you make smart decisions, save money, and understand how to invest better.
But there are consultants that you need to be careful of, they're there to suggest to you what to buy because they only care for themselves.
And that's what you need to find for as well. Their main purpose is to shill the projects that they are in so that they'd also benefit from it. So, investing to learning is a must and you don't have to be spoon fed by anybody and you won't get fooled by whoever thinks that you're beneficial to them.
Reality is, there are more fake ones compared to those who are really knowledgeable and well-experienced about cryptocurrency or any other potential assets. This is why we need to be more cautious on trusting some consultants and don’t jump on believing everything they say. It’s still a lot better and wiser to gain your own research and studies so that you will be highly responsible on your own investment. They say your money, your rules, and your responsibility as well to provide a positive outcome of your own investment.
19  Other / Beginners & Help / Re: Need advice on getting merits on: April 30, 2024, 09:33:20 PM
Hi guys, I want to ask some tips on getting some merits. I somehow feel jealous when I see other full members having tons of it even if they're just new to the forum. I know that there are some ways to earn it like being active in your local board, engaging in the gambling threads talking about particular sports, create an informational thread, or have some deep knowledge about bitcoin's technical like block size, hash rate, etc. And that's my concern, I am not good with any of those stuffs. I am not a sports enthusiasts nor good in bitcoin technical. Our local board is not that active also compared to others where I see some members' their main merit source.

Any advice would be greatly appreciated. Thanks for taking my time to read my post. Cheers!  Smiley
From what I can see, you have been in the forum since 2017 and the last time you login to the forum was 2023 which shows that you are not an active and regular person in the the forum.  You will have to be regular in the forum for you to keep getting merits. If you have been active since when you write this post, it would have been quite okay and people would have seen the need to give you merits. You are not active and you are not in any signature campaign, it could be difficult for you to get merits since you don't write nor try to make good post that would make people find you as a regular and good poster.
I have to agree with you, being active regularly in the forum will help a lot in establishing your knowledge and personal experience in the forum. Hence, one cannot expect to acquire merits if he is not present or does not post most often as the more you engage in the forum, the bigger chances you will improve your potentials as a quality and valuable poster. If you fail to do that, you might also fail in your goal to earn merits knowing the people around may find it hard to acknowledge you if you don’t consistently post in the forum.
20  Other / Beginners & Help / Re: Is it advisable for a beginner to invest in a newly launch project? on: April 29, 2024, 11:58:04 PM
Quote
Is it advisable for a beginner to invest in a newly launch project?
Advisable I don't think so!

But if you are going to be diligent enough to look for any red flags not to invest or the green flags that will give you a reason that will convince you to invest in the project then I don't see anything wrong investing this way as you have done your homework and it's checked your boxes then one can go for it...

Btw,when it comes to new projects, everyone needs to do their due diligence regardless of being an experienced crypto investor or newbie!!
Regardless whether these projects are new or old, the fact that the investor is a beginner, then he should not jump into taking such investments. Instead, he should focus on his knowledge acquisition about the potential projects in the market and take time to research about those red flags that could possibly turn these potential projects into scam ones. That way, he’ll be able to lessen the chances getting scam in the market, most especially that he is still not making consistent profits knowing of his beginner’s status.
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