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1141  Bitcoin / Bitcoin Discussion / Re: Inactive BTC whale transfers $8M worth Bitcoin After 10 years Inactivity on: April 22, 2023, 01:11:48 PM
Who knows. It could've been just someone who until recently didn't know about what happened to Bitcoin, or just happened to crack the password recently due to forgetting it or something similar. The thing is we can create a lot of assumptions but without a bit more context behind it, we can't really decide on anything concrete and would only end up having assumptions on top of assumptions. There is the context of splitting it into 3 almost equal parts, don't really know what that means but I reckon it means he's planning to do something, at least a part of it, actively.

Either way dude just probably forgot an old laptop rotting in the corner of his room and decided to clean it up only to find this, is the story I'd go with.
1142  Economy / Economics / Re: it's so risky! on: April 22, 2023, 08:15:11 AM
I don't invest money easily in any asset because of fear of losing that money. i think of investing 80% of total savings.
do taking risk is important or not?

please quote all question and answer it's very helpful for me and others.
It depends on your current state? If you're just starting out earning I reckon you can put up a lot of amount for investment, if not then try to find a perfect balance between what you need to spend/save and what you can invest. Investing would always have a certain amount of risk, I'd consider the majority of investments as money I could've spent on other things meaning money I could've lost without it affecting me negatively in any way. Sad thing is failed investments don't return anything but hey, that's a risk you gotta take if you want to earn more.
1143  Economy / Speculation / Re: When to buy one time off bitcoin. on: April 22, 2023, 05:53:06 AM
Bitcoin next halving will happen in the 1st quarter of the year 2024, which means by this time next year. People that have witnessed halving and its bull run. Please, I want to know if;
  • Bull run happens few months or weeks to halving
  • Or it happens few weeks or months after halving
  • Or it happens simultaneously in the week or month of halving

I want to know when exactly to buy bitcoin since I don't want to use the DCA system in this purchase. Will market see anything below $20k again?
Afaik it happens a couple of months to a year after the halving itself? There's probably going to be some movement towards the start to at least the end of the year, but it may vary since even if we use the past as a reference point it isn't exactly a guarantee, so you can only move as you assume and see by then really. I'm thinking we won't really be going below $20k again, unless something big happens again, the drop in the price right now is kind of a correction afaik as the price jumped from 25 to 28 to 30 the past few months instead of a gradual one.

Your fears of missing out can only be resolved by DCA since no one exactly knows what's going to happen, but seeing as you don't want to for some reason, can only risk an entry at some point, maybe a few months before the halving (end of the year)?
1144  Economy / Economics / Re: SPENDING MORE THAN YOU EARN on: April 22, 2023, 12:55:28 AM
~
Isn't this something natural in most cases? I mean if you can't follow of spending less than what you earn, you'd inevitably be slapped with one big hand of "no money" at some point in time, regardless of how much money you actually saved up, if said saved up money exists in the first place even.

In most cases of overspending, simply creating a strict and straightforward plan would be more than enough imo. Not those generic types of things like buying some food, specify it if possible so you can immediately cut costs. Though in my case in my first few times of setting up a list, I usually buy an additional or two not on it but eventually it simply became a natural part of the stuff I buy even without the list, I guess you can consider that as planned then?
1145  Economy / Gambling discussion / Re: Can Chat GTP destroy poker on-line gambling??? on: April 21, 2023, 02:46:44 PM
I don't think so? I mean it's not like the game had a set amount of moves like chess, bluffing, and the like can happen and AI's can't exactly know what their cards would be or the opponent's card during the draw. It's still up to luck in the end. It's not going to turn a game of luck into something that can be read, even with thousands of data available, it won't become the AlphaGo of poker simply because of how poker works. It may be harder to defeat it since it has the know-hows of what to do, but unless it can actually start reading human emotions/face, then we can only expect it to fold on cards that are bad and fight on cards that are good. Maybe a bluff here and there can work, but it won't exactly feat a person who can bluff themselves, if they knew what they were doing.
1146  Economy / Trading Discussion / Re: What are your most effective crypto trading strategies? on: April 21, 2023, 10:18:19 AM
Cryptocurrency trading can be both exciting and daunting at the same time, especially for those who are just starting out. There are several trading strategies that traders use to buy and sell cryptocurrencies, manage risk, and maximize profits. In this discussion, let's share our most effective crypto trading strategies and learn from each other.

Questions to consider:

1: What trading strategies have worked for you in the past?
2: How do you manage risk when trading cryptocurrencies?
3: What are some indicators or tools that you use to inform your trading decisions?
4: How do you deal with market volatility and sudden price swings?
5: How do you set your buy and sell orders?
6: What advice do you have for new traders who are just starting out?


Let's have a productive discussion and share our knowledge and experience with each other; Thank You
1: Buy low and sell high. I usually settle for around low to middle-profit margins, anything higher is something I usually take every once and a while but I just didn't want to risk it most of the time.
2: Spreading my portfolio, investing what I can afford, and doing some market research on investment ideas.
3: The basics. Some crypto news outlets as well to keep me updated.
4: I just let it be, panic selling isn't going to do anything so I just either buy more since I believe the coin will perform better later on, or just let it sit there.
5: Manually. Usually based on my own analysis of the market
6: Invest what you can afford to lose, nothing more. It's a guaranteed fact that you're almost always going to lose money, especially at the start.

This is usually when I bother to actually think when trading though. Most of the time nowadays I just accumulate and sell.
1147  Bitcoin / Bitcoin Discussion / Re: Bitcoin as indestructible asset on: April 21, 2023, 07:49:41 AM
I mean it depends on your definition of destroyed. Seeing as how you reasoned it out, I reckon it's not something like "delete" destroy since only the internet shutting down would make that happen, but rather something along the lines of its adoption/usage I guess? In essence, the government can limit involvement with crypto, but it can't stop it permanently, temporarily maybe, but there'd always be people who can make a work around if they were actually able to. Hacking in some sense is just your wallet being stolen because you gave it out to someone else, in most cases if you were able to store crypto properly, the chances of it being stolen is rather minimal.

As for it's future, well, I think this past decade has shown what it can bring and what it can still possibly bring.
1148  Economy / Gambling discussion / Re: Live casino over provably fair games. on: April 20, 2023, 01:50:19 PM
I don't know why but i mostly lose on provably fair, when  start betting then some times the graph stay green, after betting some more bets it become red and go straight down, draining my balance.

and in provably fair once we lose more then 10% of balance then, then we start to revenge gambling to recover our loses, while recovering we are unable to think by waiting some times, we think like my profit is only one click away, then clicking and clicking then increasing bet size and blowing account.
I know this case is not for everyone, but in gambling most of players comes on that phase! we can not control and wait and think to recover that loss tomorrow because we can profit in just a one mouse click.

while in live casino, like playing roulette there is 15sec gap in every spin, in that 15sec i can think something, or sizing bets and close my gambling session for that day. 
and also live casino's dealer is front of me i can see we are cheated or not, but i don't know if they use rigged roulette or not.

I honestly don't think there's THAT much of a difference, it's just you being taken in by greed in the first scenario imo, regardless of whether there was "time" given to you or not. In those cases where I do feel like I'm being impulsive, I tend to throw (and yes I've replaced my mouse quite a few times now) my mouse the hell away from me, just to make me go over and pick it up. More than enough time to think through whether to continue or not. Ofc it depends from person to person, but it's up to you yourself really to set it up in the first place.

Now to compare, I'd probably still go for provably fair. I'm just more used to it, and I don't think I've had that "unfair" experience, whatever it is that others actually do experience.
1149  Economy / Gambling discussion / Re: Can i make 100 $ daily from online casinos on: April 20, 2023, 04:10:11 AM
If you want a guarantee, then affiliates. Maybe promos and bonuses if you're lucky as well since you may get them as add-ons without spending much, but they still require you to spend and require you to actually win to actually profit.

Other than those, the usual method of gambling is rather risky and wouldn't guarantee a $100 daily, nor does streaming for promotions/advertising plausible of you're not streaming yourself and have a sizeable audience. Other than those can't really think up of another way to earn money really.
1150  Economy / Gambling discussion / Re: 𝕎𝕙𝕖𝕣𝕖 𝕚𝕤 𝕥𝕙𝕖 𝕓𝕖𝕤𝕥 𝕕𝕚𝕔𝕖 𝕘𝕒𝕞𝕖 on: April 20, 2023, 12:13:08 AM
Aren't they mostly the same? Granted I never really took the time to actually compare dice games from casinos I've played before, but nothing really stuck out as unique or anything like that.

It was however rather confusing to play it the first time I tried it. Freebitco.in had it back then and was where I first tried it, had a bunch of parameters that for a first timer was rather overwhelming.
1151  Economy / Gambling discussion / Re: Why do you favor betting on spesific sport? on: April 19, 2023, 12:25:45 PM
I am just curious to know why people favor one Sport over another, when it comes to betting? Is there specific Sport that increase your win chance or do you bet on those Sport for other reasons?

I know most people will favor certain Sport, because they know more about the players or the teams and information is power, when it comes to betting... but some Sport are 50/50 when it comes to the outcome of the match. (One lucky punch or kick can make a underdog a champion)

Please share your thoughts...  Tongue
If it was in relation to betting, then no, I don't really prefer one over the other. They're all basically the same game of chances and judgment anyway. If it was regardless of that, then it's because I enjoy the sports itself. Sports gambling in general is kind of like a side bonus for me really, I just really enjoy watching the sports (eSports to be specific) itself plus the way some commentators do their work which makes watching the game more enjoyable. I've also invested a considerable amount of time listening to the stories for each tournament, what each team went through, and the matches that they experienced, they all just combine and make up what I enjoy about watching and betting on.
1152  Economy / Economics / Re: Bans on crypto now looks like a joke on: April 19, 2023, 12:11:07 AM
I meaan in general bans have always been a joke, especially lately. Ban gambling? Underground casinos would surface. Apply Denuvo to games? Crackers/piraters would rise up to release it for free. There's always going to be some method or way people can bypass it.

Probably would be better if they regulate it if they actually want some semblance of control really. In China's case their way of regulation was creating their own to be used and banning other alternatives. Afaik though it never really stopped the popularity of other coins, so it was a fruitless endeavor.

U.S. would probably go with regulations instead of bans though.


1153  Bitcoin / Bitcoin Discussion / Re: Your tips and tricks to orange pill your family and friends on: April 18, 2023, 02:46:29 PM
I guess that many of you have already tried to orange pill family or friends. Personally, I've totally given up on the idea.

Never really tried to introduce crypto to them, nor do I actually plan to. Though tbf, my family was actually the one that found out about it first and they had some semblance of interest early on, they asked me about it and I said all about what I knew, but it was short-lived rather unfortunately. It didn't help that it was around the big dip from the ATH to around $40k I think?

I might consider talking about it again if they ever ask, but I wouldn't really willingly tell them to go in again. Not that I ever planned to really, I reckon if they didn't ask me they wouldn't have even known I know about crypto.

Some people have asked me to invest a few hundred euros for them, in which case I would have to be their banker... They don't even want to know how to install a wallet or even buy a hardware wallet. In short, I refuse to be a banker.
Kind of loses the point if they invested through you instead of them owning the asset directly though.
1154  Bitcoin / Bitcoin Discussion / Re: Question Of Thought About Crypto Winter on: April 18, 2023, 04:13:19 AM
Question of thought...

I made a research recently, i found out that Bitcoin reached nearly $19,500 in 2017 and later fell below $3,300 in 2018.
Source https://www.forbes.com/advisor/investing/cryptocurrency/what-is-crypto-winter/

1) would've other crypto's survived during that time ?.
2) Why do Bitcoin survive during crypto winter and other crypto's finds it difficult to cope ?.
I think you can find the answer to question 1 just by looking at the coins then and coins now? It would've been different if it was a hypothetical question, but it's not.

As for 2,  it's simply a difference in quality. It's like how Facebook survived and grew to what it is, leaving behind other old social media websites in the past in the dust. A difference in the quality it provided, whether it be in service, product itself or whatever. It's not without reason why a lot of people separate crypto into two, Bitcoin and shitcoins (or 3 if you add those good altcoins)
1155  Economy / Gambling / Re: How does AI gambling sound? on: April 18, 2023, 12:15:36 AM
Can you make bets on horses that are AI vs making bets on real horses? I see a new gambling project that focuses on horse racing only and I am surprised that those horses are not real live horses, I went deep doing research and it kinda looks like players will be the ones fine-tuning their horses 🐎 for better performance and go ahead to head with other players.

Do you think that gambling have a place with the metaverse in the future? I had a dream about being able to gamble online with people that aren't living close to me, we meet in the metaverse and it looks real, I know that sometimes when you think positively about something it is possible to dream about it.


Something like fantasy sports? I mean I guess it's fine, idk how they make fantasy sports have some semblance of randomized factors ( so that higher stats doesn't mean a guranteed win) but if it also has that, then why not? I was afraid of fantasy sports (or any simulated sports really) simply being a battle of numbers, but if some sort of algorithm/AI was placed that could ensure numbers isn't all, then I reckon it'd be fine.

It being famous is another thing though, there's still real sports out there after all.

Additionally, you can say that some semblance of a "metaverse" is already a thing. Look at vrchat, at minecraft. It's just a matter of a company being able to adopt and combine all of these so that they're all in one kind of thing. Metaverse(Facebook) failed at that spectacularly though, they just made a downgraded version of vrchat iirc.
1156  Economy / Gambling discussion / Re: Sports betting vs fantasy sports on: April 17, 2023, 02:29:04 PM
Both are skill based yet former is considered sheer gambling while later is not. Fantasy sports has become norm, while on the other hand if people come to know that you bet on sports you'll be met with eyebrow raise.

^ that's my opinion. What's yours? Do you consider both of them same or different?
Isn't it the other way around? Heck, I hardly hear about fantasy sports even, I don't think you can call it the "norm" really. In the first place the hell does an eyebrow raise in sports betting mean? It's not even bad,  heck, it's far from that, plus without the statistics from sports, where the hell would fantasy sports get their data from? If we were to talk about match-fixing, I don't think fantasy sports can get out of that as well either? Nor do I think sports can, but at least, it's a lot easier to prevent it nowadays (or to find it when it happens).
1157  Economy / Gambling discussion / Re: Do you take Part in Gambling Lotteries ? on: April 17, 2023, 04:11:37 AM
I take part in lotteries but I usually do not make a lot of hope to win a lottery. Participating n the lottery is the easiest thing but getting a win out of it may be the most difficult thing. By the way, its fun participating in online lotteries.

Of course, if you take part in a lottery, you would track its progress and the result. Although i do not think that i am too lucky to win a lottery but still I keep looking for the results and see if any day i would win something big.

What if, I get a chance to participate in a lottery without any investment?
If any gambling site offers, free of cost entry in the lottery, i would definitely not miss that one. Smiley
I've had my fair share of lotteries, haven't experienced winning in one so far though. I've won some minor prizes but no grand prize win yet. Not really hoping to get a win most of the time, entries just so happen to coincide with me seeing them and me having spare money, so why not.

I'd have better chances hoping for some wins in the casino rather than hoping for a win in lotteries.

As for a lottery without paying, I think those are called sweepstakes iirc? It's a legit system and who knows, there may actually be some in your casino of choice.
1158  Economy / Gambling discussion / Re: Gamble Responsibly on: April 17, 2023, 12:07:57 AM
Play for fun and stick to your limits. Words to always remember when gambling.  It's always scary since you think 100% of your bank account is free to be used, but it's not, so as bothersome as it sound, proper finance planning should always be followed.

The problem with posts like this is that the majority of users in this forum are going to criticize those who lose, telling them it's their own fault and their own problem, but indeed - what you say makes a lot of sense - suicide rate from gambling is on the high and has never been so high....

I mean it is true, blaming an external party when you lose isn't really going to do anything since the fact that you lost is simply your responsibility. I hardly doubt as well that any money related problems that arise due to that would be anyone's else fault but theirs.

Honestly speaking warnings means jack shit to most people especially if you consider how only after it's their problem that they start minding it, so calling it their own problem isn't really a stretch or anything.
1159  Economy / Gambling discussion / Re: About football betting on: April 16, 2023, 01:26:07 PM
Correct me if I am wrong

I am not a football fan and any form of prediction is still a gamble to me, but I have gamble on few different online casinos and I believe that gamblers on casinos gambles with the casino games, meaning it's between the gambler and the casino, but with football it is different, your bet is on the performance of a soccer team and the gambling platform will only win your money if your football team loses, right?

This makes it more cleaner to me, there will be no tampering of the system or fine tunning their games to make gamblers loses more than they win.

Can anyone confirm if this is right? Or wrong.
Technically house edge exists, so gamblers don't necessarily take 100% of their wins, casinos take something you can call a tax of sorts so that they profit even if winners actually win. Other than that, then yes, casinos don't really have anything that they can do to tamper with the results since matches are pretty public nowadays. This doesn't consider the matches themselves being fixed though, regardless of the casino's intentions, since that kind of stuff happens all the time in sports.

Besides, both in casinos and in sports betting, due to house edge existing, gamblers would always 100% lose compared to the casino.
1160  Economy / Gambling discussion / Re: Wagering requirements for withdraw on: April 16, 2023, 04:39:45 AM

Honestly, if a player's intention is purely playing on the casino, the wagering requirement for withdraw shouldn't be a problem.  It is mostly a problem for people who wanted to mix their coins to remove traces of their history.

I believe that a 1x wagering requirement is sufficient to prevent money laundering and coin mixing, as many reputable casinos with excellent services have high requirements. During my research I discovered some casinos that only require a $20 bet size before permitting withdrawal using the same deposit method which i think is an excellent approach to prevent these issues and gain more players. A 1x wagering requirement is also reasonable and equitable since depositing $100 necessitates playing at least 10 times with a $10 bet size.
Wouldn't it depend on what country the casino is registered in? I don't really know how the specifics works but I reckon the more prevalent money laundering is in a country, the more strict they are with regards to methods they can use to launder money, hence stricter requirements. Might be wrong though so feel free to correct me.
The main problem is that not all casino stated this rule clearly in their terms and conditions page. In other words, it is something like unwritten rules. Maybe by this thread, all casinos that has no written rule about this case will start to write it down in their terms and conditions although most people is not reading it prior to registration. In case of change/modification of such rule, casinos should announce it publicly or inform their players by email or other ways.
Pretty sure that a casino that doesn't state their withdrawal requirement isn't a casino you should play on in the first place? And this thread opened by OP actually has the wagering requirements in the T&C of the casino, OP just didn't bother checking it as he said in his 2nd post in the thread iirc.
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