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2461  Economy / Gambling discussion / Re: Betting feature at exchange on: August 17, 2019, 08:29:13 AM
Wouldn't the exchanges need extra legit licenses to run a part of gambling site? I'm talking about the good and top-rated one's and not Yobit. They abide by the AML policies and probably pay taxes. There is no way they will be allowed to carry gambling operations without proper legal permission.

Having said that, they will just need to convert their traffic into gamblers by providing lucrative offers to rewards. They already have the traffic, it's a win-win situation.

Maybe they have respective licenses as I've seen several exchanges integrated by casino games like crex - they have dice and blackjack. But I don't know about their licenses if they do have. If they are running legit, more than likely they secure their gambling permits as well.

I never like the idea of having exchange and gambling casino at the same site. Both of them are different and it does not match to have both services in the same place. That's the one reason why the good exchanges do not have any gambling features and good casino do not have exchanges platform on their sites.
2462  Economy / Gambling discussion / Re: Gambler's mindset! on: August 17, 2019, 08:17:32 AM
Everyone had their specific goals to win with gambling and I am confident towards achieving our desires if we're able to have skills on what betting game that we're about to getting in touch with. Mindset was a principles to observe but not a reliable preference which our decisions will be binded.

Unfortunately the skills will not help much in gambling however a positive mindset is still needed for the gambler to win in gambling.

I have tried to think what goes through my mind when ever I am trying to place a bet. I think something strange do happen to me and that is I always have this thinking that what if I lose, how am I going to feel! I have never want to lose in my mind I want to win always but I think this is impossible. Gamblers here did you always want to win all your bet? If you win all how will the gambling company makes profits?

All gamblers mate wanted to win in any of the gambling site they want to play. But like what you said it is not possible because in very games there is always two things happen and that is You can win or lose, these are the fact that We cannot skip. So, as a gambler don't think you can earn big profit instead, make this as one of your habit which means no heart feelings just do it for fun.

No one is asking to win every game and if any gambler thinks this way he should first understand what is gambling.
The main goal of the gambling to win big games and loss less amount. If your winning amount is more than the amount you lose in gambling, you are good to go.
2463  Economy / Gambling discussion / Re: Cricket match prediction discussions on: August 17, 2019, 08:05:41 AM
The sad part is West Indies totally got wasted by Indian players even in that part of the world. West Indies are really in their poor form and Gayle is getting old so are some of the older players that might leave the team soon. West Indies has became another Sri Lanka where there are no capable youngsters to replace the retiring ones.

The gap between the big 3 and the rest of the cricketing world is widening, especially after the decline of South Africa, West Indies, Pakistan and Sri Lanka. The only good news is the good form being shown by New Zealand. May be in near future, the big 3 will become big 4. For the other teams, the situation doesn't look very encouraging.

This is just an excuse. Who is stopping the rest of the teams from playing good cricket ? I know that Big 3 (England, Australia, India) has a lot of budget for the cricket and is favored by ICC, but then the others teams can come up with good players and proof they are not less than other players.
A recent example of NewZealand to reach World cup final and give England a tough time is a perfect example that any team can come up , if they are good.
2464  Economy / Gambling discussion / Re: Is parlay an effective betting strategy? on: August 17, 2019, 07:57:01 AM
For 7 legged parlay, I would not be $85 usd, that's too much for me, maybe just around 5 to 10 usd as that is just my range.
But you are lucky to win, and maybe you have a bigger budget in gambling that's why even at a parlay, you are confident to bet that high.
Yes very lucky. For me gambling is a place where looking for pleasure, not the full profit, if fully looking for profit we will be encouraged to play unhealthy or out of control and result in losses.

Don't you think that wining is gambling is directly related to the entertainment and pleasure in the gambling ?

I only feel good in gambling and when I lose in gambling i do feel sad. Even if I made up my mind that I will not care for the win or lose in gambling, still a loss make me sad. So I think it is impossible to think that we can be happy regardless of a loss in gambling.
2465  Economy / Gambling discussion / Re: Why Choose Lottery Instead Of Anything Else? on: August 17, 2019, 07:45:55 AM
Chances of winning in the lottery is around 1 out of 14 million. Although the numbers and the chances might be considerably low, the fact that people win makes it worth trying for. Unlike in gambling wherein you actually participate in each game and bet your money in a pool, the chances of winning may be higher but you are situated in an environment wherein continuous outflow of cash may happen.

Both are considered 'gambling' but participating in the lottery makes an individual deviate from the conventional gambling that has a relatively higher chance of rendering addiction. The choice is yours!

I just do not get it that how it is sensible to invest in a lottery system where the chances of wining is 1 out of 14 million  Shocked 
You need to be that much lucky to be able win a lottery and remaining around 13 million+ people will lose and will not win anything. I think it is much better to play gamble then to invest in lottery.
2466  Economy / Speculation / Re: What makes Bitcoin price fluatuates throughout 2019 on: August 16, 2019, 11:58:38 PM
The price of BTC is fluctuated mostly by the multi-level Ponzi systems. In early 2019, the Ponzi projects appeared like garbage and it also partly affected the price of BTC to fly up from 3k to 14k. However, from June until now, most of these Ponzi projects had collapsed or died slowly, meaning that the discounts of the BTC started, talking about the who are the most interested in these Ponzi system, we have to mention about Asians, especially China, Korea, Vietnam, Thailand, Malay, Japan ... obviously when the system collapses, a large number of BTC will be owned by the system owner and they will naturally become billionaires of billionaires if not punished by law, however, some things can be easily solved by money.

Ponzi systems exists in every year and I do not see anything special in 2019. Also the bitcoin prices are never stable and the main reason for this is the whales who will never want the bitcoin prices to be stable.
I think the bitcoin prices will continue to fluctuate until the bitcoin is regularized in all the countries.
2467  Economy / Speculation / Re: Bitcoin faces more decreases on: August 16, 2019, 11:49:44 PM
Bitcoin Dips Below $11,000: Analysts Forecast 30% Drop to CME Futures Gap. I think bitcoin might suffers more decreases before the end of the year and making the 20,000$ year end price not realistic.

Bitcoin may be down again temporary due to CME futures gap but we all know that bitcoin halving is going to happen next year. They hype of this event can again bring a major pump in the bitcoin prices.
2468  Economy / Economics / Re: Can bitcoin help rebuild Venezuela? - Darb Finance on: August 16, 2019, 05:21:14 PM
I don’t think that Bitcoin can help Venezuela, but I’m sure that Bitcoin is already helping people who live in this country. Thanks to Bitcoin, many residents of this country were able to avoid financial losses associated with the devaluation of the country's national currency, which makes Bitcoin valuable.

At one side you are saying that Bitcoin cannot help  Venezuela and at the same time you are saying that bitcoin is already helping Venezuela. The two statements does not match.
Governments need to develop the system to provide jobs and other facilities to the people and alone bitcoin cannot help to rebuild the country. Its the plan and the execution of it by the government which may make the country stand on its foot.
2469  Economy / Economics / Re: Worrying Stock Market Drop and Fiat Devaluation on: August 16, 2019, 03:26:45 PM
The questions are, where is the money?
Why are they failing now? Why now?
Is crypto currency really affected that much?
What currency is getting stronger because of this falls that are happening?

Those are the questions that needs deep analysis before we could even get the answer.
Bitcoin is down, but not that deep yet. I guess we are really not that much affected. Or? Are they switching to bitcoin now and the value keeps on fighting because of that even with the fall of the stock market?

As per the most of the people views, bitcoin and gold will survive in this crisis phase but I think it is too early to be so much confident on bitcoin. Bitcoin is too much volatile and in such an economic crisis situation, it may further dump. I am not sure why people will invest in something which is too much volatile.
2470  Economy / Gambling discussion / Re: Perfect Dice experience on: August 11, 2019, 08:09:11 AM
Sometimes I feel boring too in the dice, and that makes me stop for playing the games. But on the other days, when I come back to the gambling games, the dice game is the game which I played although sometimes I played rocket games too still, dice game is the games which I like to play over and over.

Although my dice experience is not too exciting like the other people, I feel that dice games can help me to enjoy my time in gambling games. I always know when the time to quit the game because I don't want to spend my days in the gambling games only although I still come back in the other days.

I feel the same as you are because once I played dice, I usually get bored. One day when I was playing dice, I have fallen very frustrating not by losing on the game but winning on the game. When I bet a lower amount of money I won, and when increasing my bets, I lose, but if you are telling me that I lose my money by the end of the day, I still earn more money. I think I feel exhausted when playing dice. Smiley



Isn't is strange that how often we experience this that when we bet high amount we lose and keep on wining the small amounts. I wonder if it has anything to do with the algorithm at the backend.  Shocked
The secret here is to be patience and keep on playing with small amounts.
2471  Economy / Gambling discussion / Re: The jackpot amount of the gambling site is 10506 usdt on: August 11, 2019, 08:00:56 AM
I don't really know for sure if that site is legit or not, so I won't try it out for now.  Also, winning that jackpot will be as difficult as passing a bull horn through a needle's eye, it will be extremely tedious with almost zero chances of winning.
No you can't say zero chance,you have chances of winning the jackpot 0.000000001%.Trust me there is a lot difference between zero and the value I have given. Grin
He didn't say zero chance, he said almost 0% chance which is same with the number you have given.

I don't really know for sure if that site is legit or not, so I won't try it out for now.  Also, winning that jackpot will be as difficult as passing a bull horn through a needle's eye, it will be extremely tedious with almost zero chances of winning.

The wining percentage from jackpots is very less and if we try the jackpot on any new site, then it is almost useless because a new site will never give big amounts to its players.  Even if you want to try out the jackpot, try it from the old sites which are there from many years and you might have some chances to win jackpot on such trusted sites.
New or old, it doesn't give you higher chance to hit jackpot. Maybe on new site you will see lower jackpot than older site (jackpot amount will increasing from people's bet, so thats why old gambling site will have bigger jackpot amount).

I am not saying whether we have low or high jackpot in newer gambling sites. I am saying that new gambling sites are more risky to invest in jackpot as they might scam you and never let u withdraw even if you win the jackpot.
2472  Economy / Gambling discussion / Re: The jackpot amount of the gambling site is 10506 usdt on: August 11, 2019, 07:35:30 AM
I don't really know for sure if that site is legit or not, so I won't try it out for now.  Also, winning that jackpot will be as difficult as passing a bull horn through a needle's eye, it will be extremely tedious with almost zero chances of winning.

The wining percentage from jackpots is very less and if we try the jackpot on any new site, then it is almost useless because a new site will never give big amounts to its players.  Even if you want to try out the jackpot, try it from the old sites which are there from many years and you might have some chances to win jackpot on such trusted sites.
2473  Economy / Gambling discussion / Re: What You Should Know Before Playing A Crypto Betting Game on: August 11, 2019, 07:19:55 AM
We better stick to the ones who have already passed some sort of screening from the old-time gamblers here on this forum. And I believe that the betting sites claiming to be provably fair that have passed through this forum are indeed provably fair. Otherwise, they will not even come out of here unscathed. A red tag with a warning will surely be attached to them.

Are you talking about the gambling games or the betting games ? If you need to bet on any event you need to follow the two simple rules.

1- Bet on the reputable site
2- Understand and get full information about the game before betting on one team
2474  Economy / Gambling discussion / Re: Is parlay an effective betting strategy? on: August 11, 2019, 07:03:30 AM
The biggest disadvantage of Parlay is that you have to win all the bets in the group and if you lose even 1 bet, you lose everything. I do not recommended this type of gambling in which the risk of losing is too much high.
That's the mandatory rule from parlay that lost one match then you will lost all of your bets so you cannot avoid it but i have done small experiment made a parlay with low odds for each match that i was pick the match with low odds approximately @1.2 - @1.3 and i was putting 4 matches into my parlay and the results is i won it but indeed it will not 100% safe but deserve to be try with small money

Parlay is an interesting strategy and I also prefer to play it with less amount of money. Not only it is profitable, the hope of winning all the bets games in parlay keep its interesting all the way. Never play parlay with the bets which are of high odds. It is best to play parlay with all the bets with low odds.
2475  Economy / Gambling discussion / Re: Andy Ruiz vs Anthony Joshua II on: August 11, 2019, 06:51:21 AM
It was just confirmed that the fight is going on December 7th in Saudi Arabia. Tons of huge fights comming on there. Khabib's next fight is in Abu Dabbi. Big moves in the fight game by the middle east...

Quote

Matchroom Sport has officially confirmed that the anticipated rematch between Andy Ruiz and Anthony Joshua will take place on December 7th in Diriyah, Saudi Arabia.

Eddie Hearn of Matchroom will hold a press conference this coming Monday in London, to discuss the details of the event.

The card is being called "Clash on The Dunes."



Who are you going with? I see Joshua actually showing up with some balls and focus that night and getting the job done to redeem himself, which will make the Wilder vs Joshua/Tyson vs Joshua fight relevant again.

As much as I want Andy to win again because he is such a likeable guy and a hardworker, I don't really see it. I mean if Ruiz knocks the fuck out Joshua's chin again then it's pretty much over, he should retire. I think he is aware of this fact and he isn't going to let this happen twice. I give Joshua an 8th round KO. But this is an extremely risky bet. Honeslty im not even sure if I want to get involved in this one. Ruiz can really pull it again. I want to see the odds before I make a decision.

Anthony Joshua is more strong than Andy Ruiz and in this second match Joshna will be hot favorite to win this one. Also the odds suggests the same.
There are still around 100 days before we get to see the most anticipated event.
2476  Economy / Scam Accusations / Re: Bitcasino.io Scam on: August 11, 2019, 06:38:49 AM
Why this thread havent moved on Scam accusations board yet? and OP is Last Active: April 04, 2019, 03:49:09 PM which is the day he posted this out.
So it means if he havent online since then the issue might already resolved.
Because this problem has been resolved. If you flip on page 2, you will find this

I have been in talks with out customer support and they have informed that this case is solved. Personally I think the
issue might have been within the connection as the game provider has informed us that the hands were played normally.




This thread should be locked since there is no needed to discuss again and also to prevent this from spammer.

Only the starter of the topic can lock this topic (https://bitcointalk.org/index.php?action=profile;u=2576389)
Or a Mod can do this job too.
2477  Economy / Economics / Re: Worrying Stock Market Drop and Fiat Devaluation on: August 11, 2019, 06:25:59 AM
With the sudden 700+ Point plunge of the Dow Jones and China's sudden devaluation of the Yuan what are some aspects of interest do you have that might reflect upon the current and the future of the Digital Currency Market?

The answer is very simple.
What do you do when the stock market is crashing and fiat currency is devalued with every passing day. You will invest in something which is stable and constantly grwoing. Bitcoin is the best investment. Its time Chinese sell the stocks and sell their Yuan to grab the bitcoins.
2478  Economy / Economics / Re: Fiat Money is a Bubble on: August 11, 2019, 06:21:14 AM
I think fiat money is not a bubble because they have back up by the government, and the government will do their best to protect their currency. As long as the government can control their fiat and they have huge money to protect, it won't be a problem and fiat will still stable. I don't have any idea of fiat money is a bubble or not because fiat money is different than gold and bitcoin, although they have the same purposes to help people.

Even though fiat currencies have been dominating all over the world for past many years, I think its time that now is the time that this currency will slowly be eliminated for the digital currencies.
Gold cannot replace the fiat currencies but bitcoin will completely replace the fiat one day.
2479  Economy / Economics / Re: Who is the richest person? on: August 11, 2019, 06:10:38 AM
I know Jeff Bezos is considered the richest known person but there is a lot of hidden wealth in the world.

I've heard the following people may actually be trillionaires:

Putin
Oil Saudis
Rothschild family

There might be many more rich persons in the world other than these but it depends upon whom you call a rich person. For me having only money, dollars, gold or bitcoins does not make a person rich. For me a person is rich if he is healthy, do not have major problems and sufficient source of income to run his life.
2480  Economy / Economics / Re: Can bitcoin help rebuild Venezuela? - Darb Finance on: August 11, 2019, 05:54:34 AM
I don’t think Bitcoin itself can help Venezuela recover. However, if you create a favorable investment area in the country, with a ready-made business, and attract external investment capital into the country, it will definitely help.

I am sure that investors will not invest in the economy of a country in which there are huge problems with the courts, law enforcement system and corruption.  As history shows, first you need to put things in order in the country, and then attract investment.

Investors needs a good economy situation and peace in the country and only then they will invest in any country. Venezuela is surely not a right place for the investors to invest  now. Implementing and making bitcoin legal only will have no effect unless you make the overall financial and economic condition better in the country.
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