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1601  Economy / Gambling discussion / Re: VALORANT Betting on: December 18, 2020, 09:03:44 PM
You can probably find good and high courses, which is becoming increasingly difficult for csgo. But valorant is a different game. In theory it's similar but more important to employ games than precisely developed tactics. I am not convinced.
Valorant in my opinion is closer to Overwatch or Heroes of the Storm than CS:GO. I do find courses that is focused on playing a game on a skill level that is professional a bit scummy because you can easily learn by yourself by playing the game and analyzing every game and look for spots to improve.

Valorant is still a fledgling when it comes to betting and tournaments so I do find this as an opportunity for betting sites to increase their options on where to bet at.

Well, Valorant got into the competitive scene faster than Overwatch and Heroes of the Storm. Valorant catered most players that liked both of those games since it would require you to play certain characters that would have different set of skills but its more static. Overwatch is too dynamic and maybe that's why it has not made a popular scene in the gambling business.

I believe to this idea. Oberwatch and Heroes of Storm are games that came first before Valorant but not that good to played by others like what Valorant is doing right now. Valorant accomodate a lot of players and new users because of its graphics and the fact that it is completely the upgraded of the one of the good old days games, Counter Strike. And I know that as year passed by, developers think of the things or twist of games. In just a year of Valorant in the game business is that it developed pro players and started its own tournament, a internartionala 5v5 FPS Tournament. I think Valorant is one of the betting game that I will play in because I know a lot about Valorant and team that playing it.  I might able to determine easy the winner because it is not jist a 5v5 fps game but strategy game that you can read.
1602  Bitcoin / Bitcoin Discussion / Re: Bitcoin finally reached $20k on: December 17, 2020, 02:53:47 AM
The price of bitcoin is moving higher without showing any signs of weakness and it has broken $21k for the first time in history and it means that institutional investors are moving the market higher and we might see the price breaking resistance with ease. I was expecting the market to have a correction during the holiday season but the market reversed unexpectedly.

It is true that bitcoin today is achieve one of its new and most awaiting moment, reaches $21k for the first time in its history of existence. We all know that this day would come for bitcoin. We might be clueless when this day would come but I guess the true is that bitcoin as the passed years it surpass its own achievement. This milestone of bitcoin might be the beginning of its good fortune. Who knows, we it might be make a lot changes in the next years. As I was thinking bitcoin yesterday when I was starting is like a piece of cryptocurrency that many people afraid to invest in because of its unsure value. I able to earn some and by 2018 when it almost reached 20k dollars, I able to earn good money. I will always be thankful to bitcoin and hoping for its next achievements in the market in the near future. 
1603  Economy / Gambling discussion / Re: Do you rely on the odds when placing bets? on: December 16, 2020, 11:02:45 PM
Odds in bets can be one of your basis in betting but solely relying on odds then there is a problem with you already.

If it is sports betting, having a data analysis in their past performances might help you. If the 2 teams met each other in the past then their past performances when they fought each other will help you decide. Relying solely in the odds isn't a good choice. When I'm still betting especially in sports events, I don't rely only on odds but I see the teams too and make some data analysis. Yes there are some who are still losses but there are still times that I win.

I agree to the idea. Relying on the odd in betting is just the basic knowledge or strategy you may use in your betting experience yet you must definitely learn the other different ways or strategies that you may rely on. Betting is one of the gambling game that you need to have strategies because it doesn't have always the assurance of you will earn even if you are too old in the game. For me, I always think and put in my mind that gambling is a game of luck where you have a chance of 50-50 when playing. You must strategized not just into the game but for yourself. Self-control is the one you must need to improve so that you may not end up get addicted and continue to play even if you're loosing. But personally, I also look on the odds sometimes but I able to make progress to myself when betting and learn some other ways to rely on.
1604  Economy / Gambling discussion / Re: 2021 NBA Season on: December 16, 2020, 01:25:59 PM
Probably the last season of Giannis in a Bucks jersey if they will come up again short this season. Cheesy

https://www.jsonline.com/story/sports/nba/bucks/2020/12/15/giannis-antetokounmpo-signs-supermax-milwaukee-bucks/3843891001/

He will signed a supermax deal with the Bucks, I doubt if he will be traded even if the team will fall short this season.
The coaching staff has to be replace I guess, I think that's the first thing they have to do, just like what they did with the Clippers.

Players are not usually the problem, it's the coaching IMO.

Let's wait for Giannis decision, I'm not sure why he is still not signing that dotted line though. But he has a super max contract on the table, and just waiting for the final day before officially accepting it. But then again, Giannis should really bring the Bucks to the finals, that's all great players do. Maybe he just needed another superstar in the team.

But if he failed again this year, I think the coach head are going to be roll and then maybe we will see another set of trades to acquire another superstar to help Giannis bring Bucks the championship.

https://www.espn.com/nba/story/_/id/30526147/giannis-antetokounmpo-milwaukee-bucks-reach-five-year-228m-supermax-extension

Well there it is.  Seems as though the cards are in place now that he is committed Bucks have to be all in.  These next coue years are crucial for their franchise since now they gave up a ton of picks. 



They bet so much for Giannis that's why their future mostly depends on the development of Giannis, however if they will be tired and still failing to get in the NBA Finals, I think they can still use Giannis to acquire a another superstar to lead the team and that is by trading him, they just have to ensure that Giannis will remain healthy so his value will not go down.
Good decision for Giannis, now in the next year or so I'm sure that he will do everything to get the Bucks into the Finals or at least get a ring with them. Of course, if all went south, they can used his contract as leverage in exchange of a big star to replace him. But that's too early to conclude, however, I would say that there could be some missing pieces to be a force to reckon in the East and become a championship contender.

I think even last season and today's season, Bucks is one of the most contender in east because of its plays and dedication. It might be true that thou they are not that what you called super team, still last season they manage to get into the top with their own beliefs. I agree that bucks might need some key players that will make them more likely different and 101% sure play-offs contender. They might be again make it to the top this time and might be one of the teams in the Finals. But I guess Bucks need some strategic defense and offsense. They are good in any means but tha lack of teamwork and strategy sometimes makes them bluff. I guess this year as Gianiss won 2x MVP of the Year they will aware and make some changes in their team. Rooting for Bucks in the Finals but I will always root for GSW to be champs.
1605  Bitcoin / Bitcoin Discussion / Re: A friendly reminder on: December 16, 2020, 04:31:32 AM
Well, its never been too late and you can invest or purchase whenever time you want because Bitcoin keeps growing overtime. You might find to expensive to buy right now but sooner or later Bitcoin will surge and this current price will be inexpensive. The only thing you must hone in this long term is to control your emotions and your patience. We're only just in the beginning so buckle up and accumulate more Bitcoin as much as you can.

If you have the patience and the ability to wait for 4-5 years, then there is no harm in investing at current levels. Those who invested in December 2013 had to wait almost 4 years to see their investment in green. The same happened to those who invested four years later, in December 2017. They are still in loss, but we can expect them to be in profit by next year. So if you can wait for that long, there is nothing wrong in investing in Bitcoin.

This is what I don't understand with people. They can't be patient. If you are not willing to wait 4-5 years then you shouldn't be investing you should be gambling instead. Investments are like trees they take time to grow.
People who want instant gratification shouldn't invest. However, if you spend and use bitcoin anyway then you will always have some, which is a pretty cool way to look at it.

Indeed. The idea of instant earning isn't possible more over to those people who are always just sitting and still want to earn. It is okay to invest in something then wait for a long period of time, it is called a long term profit payback. But ofcourse. If you want to earn more, you must decide and think of a way or more businesses that might give you some extra income. As a friendly reminder, you must always think harder and wider. You must not stick to the idea of just earning in a single type of business. Making a business in the beginning is super hard yet when it comes to starting up but as like as what is said, when it grows just like a tree it will be worth it. Don't you ever just focus or putting too much effort in gambling, it doesn't what you think or easy to earn profit.
1606  Economy / Gambling discussion / Re: The biggest 10 countries that gamble the most. on: December 15, 2020, 09:37:02 PM
Yes, in my opinion there is a good side and a bad side, in some countries gambling are prohibited and the user can even be arrested, on the other hand gambling can help the country's economy to develop and attract tourists, for example Las Vegas

If they only see it that way, other government see it as more than addiction that need to stop and can destroy individual life for long time  if they continue playing or gambling. Although that's a self decision not by  the government but they want to help them  to stop by doing it illegal .

Some of them just want to stop the illegal gambling but still, we know that they want only is the legal gambling with permits and other papers, is this quite fair? Because those illegal gambling does not have tax so the government wants to take down them. Well, I think it's just good because we are preventing illegal but at the same time how about the people who get caught just want to play? Just my thought.

At the end of the day, I will agree with legal gambling because there are a lot of people enjoying this without worrying about lawfulness.

Gambling with a legal consent is a good and very freely to play and enjoy. I agree to the idea that it is more enjoyable to play and of course you will not think of any other things because it is legal but I think for every positive side, there is also a negative side. I know there are lots of different person in the world. There are gamblers that is discipline and know what to do and there are also gamblers that is not. If a country make gambling legal, some people would abuse it and think of a way that makes them earn or let just say because of the greediness, some gamblers might play dirty. I'm not saying that most of gamblers, just few will abuse the legality. But I can see that gambling being legal is a good way. Also in the economy of the country. And I think a country made on the list of 10 countries that gamble most. I can't name them all but I think of of the list is Philippines.
1607  Economy / Gambling discussion / Re: Cambodia enacts new laws related to gambling. on: December 15, 2020, 04:22:56 PM
Cambodia wanted to be close in the competition of great gambling countries.Macau is not far from them same as singapore and Philippines so they wanted to get closer to compete with them internationally .



For the Chinese gamblers, Macau is nearby and accessible by high-speed train. On the other hand, Cambodia lies thousands of miles to the South, and is accessible only by air travel. But then there is a generalization that Macau is a highly expensive destination. So for low-budget gamblers, Cambodia can be an attractive destination, if they do the marketing properly.
I really agree on your statement here. Cambodia then can be primary alternative destination for some gamblers who are more price sensitive. And just like the replies of the many, Cambodia is thriving with its tourism industry as it is famous for cultural and natural tourism. These industries then, gambling and tourism industry, can really help the country to attract visitors and investors regardless of the taxes.


Cambodia is a very wonderful country. I am not that so knowledgeable in Cambodia but I read a lot about it. This country wants are definitely possible because we all know that its economy isn't that just normal. We all now that it is soaring high just like the other country. The idea of Cambodia new law to be globally competetive in gambling is a possible idea because in their countey they have one of the most modernized era. Lowering the tax may end up for those some new gamblers to invite to play more. But in the other hand is it a good shot? Becauee we all know that poverty is one of the most common problem of some countries. Lowering the tax may end up more gamblers and more gamblers may end up more people most likely to loose and to win. It is good to lower the taxes but most importantly measure every situation so it may be still in balance
1608  Bitcoin / Bitcoin Discussion / Re: Why do people avoid bitcoin? on: December 15, 2020, 10:48:51 AM
Bitcoin did not prove to be a good thing in 2017-2018, as many people lost money after the bubble inflated... So now people avoid bitcoin because they are afraid that history will repeat itself (and it will! Wink)...

I disagree about this idea. Yes, it is that bitcoin at first didn't prove anything about its existence yet how can you say today that it doesn't prove anything? Bitcoin todays had a great impavt and progress in many ways. It is being written in newspapers, shows in public news, some have documentaries and as well as famous in internet. Bitcoin might not be that good at first because we all know that it's just a start of its existence yet as the year passed by, exactly 2018 till now bitcoin continually surprass ita own history not just only about the popularity but the value of it. I can say that bitcoin is from nothing to something important nowadays.

I do notice that some people naturally don’t allow bitcoin in any of their daily transactions even when it faster and easier, they still don’t prefer using it, I have noticed this a lot, Some classes of human,Sometimes when they are to receive money from another country like international transfer sometimes it takes 2 3 days to arrive,They will advise them to use bitcoin and they still don’t accept it even it faster and easier. Now how come we make bitcoin come to people.
Perhaps the biggest hurdle with Bitcoin is that governments restrict and even avoid Bitcoin, so Bitcoin does not extend its influence and transactions.

Yes. I think so too. Because of government the limit of bitcoin existency or the popularity is into it. Though some government didn't care that much about it at the first, when it became that thing they started to get into it and thinking to some ideas that may give them something about what is happening to bitcoin. I think some people avoiding bitcoin but I believe that it is a greater than numbers of people who are considering it.
1609  Bitcoin / Bitcoin Discussion / Re: Would you sell your BTC for $100 000, and never go back to the game again? on: December 15, 2020, 05:34:17 AM
Quote
If someone were to offer you the option at this point to sell all the Bitcoin you have at a price of $100 000 per coin on the condition that you should never own it again, would you agree to it?
$100,000 per bitcoin is a dream but it is possible. 5 fold from the 2017 all time high and it is not a big growth if compares to the growth of past all time high (2014) to 2017 all time high (about 20 fold).

Despite the very high price of the offer, I believe if a person has already been crypto market for years or about 1 year, it will be impossible to force that person to not touch bitcoin or crypto again. It is an addiction, crypto addiction.

I have never imagined that I will totally leave the crypto market for any subjective reasons.

Yes, it is possible and tempting but I guess I might not into it because I guess when I continually go into the game I might earn as much as the offered exchange for the bitcoin. Think of it. It might be a long run for me, but I guess I might experience a lot of different things while I was earning. Besides, I will not only stick on one possible way of earning bitcoin but I will multi-tasked in others too. And also, I agree to the idea that a person that is into bitcoin for a long time can't able to stop into the process. He will continually get into the game because of the experiences and of course the familiarity of how he earns and how can he earn. He might be able to have struggles if he switch and never go back to the game.
1610  Economy / Gambling discussion / Re: Suggest the best strategy on: December 13, 2020, 12:17:56 PM
It is better to follow the gambling strategy based on your own experience. If there is a mistake it is easy to learn something new and the next step is to correct the mistake. The experience of others may not prove to be effective all the time. If you are lucky you will have many chances to win but you have to use your knowledge and skills to review the teams of gambling sites. You need to choose the best gambling plan according to the plan by following these strategies to see which team is good and how active it is for the job.

Indeed. It is good to know or to learn from your own mistakes. I think it is the most effecient and effective way to come up with an strategy in gambling. Personally, I experienced a lot of lose and wins before I come up with an effective strategy and started to earn profits. But sometimes, ypu need also to control yourself when it comes to gambling. Strategy is good but if you will be eaten by your own greediness, nothing will happen as well as ypu will not earn but you wl lose some profits. Different game has its own different strategy, but the most effective strategy is self control.
1611  Bitcoin / Bitcoin Discussion / Re: How do you use bitcoin? on: December 13, 2020, 07:18:07 AM
I use bitcoin here sometimes to pay our bills or to buy something online. I only use small amount so it won't be suspicious to authorities. I heard that the company of our local bitcoin wallet here ban or lock the funds of their user if they noticed some big amount of transactions. It's hard to prove to them that it came from a legal way because bitcoin trading is not that known yet here. You will need to provide many proofs to support your claims.

Yes. In today's situation of bitcoin, it canbe used in different aspects like transportation, buying needs, online transactions and even paying school tuitions and fees. The question might be in a large scale or wide idea but the true point is how can bitcoin help you and in what ways. For me, bitcoin became my online savings and sometimes I used it to buy things I needed in schools or personals, buy wants, pay bills and in school. Bitcoin help me and makes my transactions hassle free because of what technogy and bitcoin can do today. And I also use bitcoin for my everyday trading or profits. Bitcoin is definitely one of the good thing that happen to me.

In Our country bitcoin is legal and we have this wallet in where we can exchange bitcoin into cash. We can also use it to pay electricity bill, water bill and even buy some stuff online.  We can even use it to book for a ticket, order food online. If you want also cash you can transfer it into your bank account or thru money exchange you can send it to your own name or your family. It's easy in our country.

Indeed, bitcoin makes a person or even a country a less hassle in a way that it helps in our everyday needs. And it is easy to use bitcoin if it is legal to the country where government doesn't put any interest to it and having the idea of regulating it so that they can also earn from it. Bitcoin is a new future for us.
1612  Bitcoin / Bitcoin Discussion / Re: Government don't accept Bitcoin. on: December 13, 2020, 04:21:55 AM
Our country government don't accept bitcoin. If anyone use bitcoin and know it state police Caught him and give punishment. But i like bitcoin. How can i use it? And I want to explain that bitcoin is not bad for me. How can i successfully explain?
The reason why most of the countries dont acknowledge and accept bitcoin is because it is decentralized and they dont have any authority to regulate it thats why they avoid bitcoin. In your case, you wait until the government see the advantages and benefits of bitcoin and cryptocurrencies in your economy, it will takes time but if that will happen it will be all worth it.

This is a fact. Most of the government didn't want to have any other related negotiations when it comes to bitcoin because they don't have the power to regulate it or to control since it is decentralized. I think many government personnel starting to think or come up to some idea on how they will manage to control the regulations of the bitcoin so that they may able to have some profits or to control it. They didn't actually want it to be gone but rather to learn how to control.

And yes, there are no law saying that a bitcoin user will be arrested but in our country some government starting to put some taxes on the bitcoin or cryptocurrency transactions since sometimes it has a large amount of money involved. They want to legalize it and put it under the law. I guess.
1613  Economy / Services / Re: IOI Game - Signature and Telegram Campaign | Sr.Member-Legendary | on: December 10, 2020, 06:29:26 AM
IOI-Game username: Panganib999
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=833483
Current post count (Including this one): 1823
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Telegram: @Raaawrly
1614  Economy / Gambling discussion / Re: Life, gambling and trials. on: November 26, 2020, 06:45:20 AM
If you become too greedy that you have used all your winnings to gamble again then end up losing it, you won't enjoy the fulfillment of winning. It's like you just won for nothing because you were not able to use it in other things, you have just lost it in gambling. That's why whenever I won, even it's just a small amount of money, I always try to use it in different things. It's good to know how to manage your winnings in gambling so that you can enjoy and appreciate what you have won.
Sometimes greediness is good, but most of the time, it will only lead us to losing all our assets or our belongings, we should learn how to make things moderately for us to avoid this scenario, if you won a game then save maybe the half of it, or always save the amount you deposit whenever you win a game, so that you will not lose too much.

I just hodl it in my wallet, because accumulating as much Crypto is what i aim for. Sometimes spare money that i can afford to loss from regular job can yield extra money then use it to stake and gamble the rest in more Cryptocurrency, and once profited i can take out the cash to buy things for myself. I usually bet in sports because you can 3x your money depending on the odds.
Me too, I will not spend my money or play if I don't have an extra or my budget is tight, I really want to gamble and play because it became my stressed reliever sometimes, but I don't want to be broke, so if we don't have an extra money then don't play, maybe next time we can play again. Just always remember to prioritize all your necessities over leisure so that you will not be broke.

I accept to the idea of gamble in able to earn yet avoid getting greedy because you may end up being broke. We all know that in gambling profits and earning are fast and easy yet we also aware that losing is also fast. We must be aware to the play we are playing and not based only in outcomes that we may see or we may achieve. Remember, in gambling it has half half possibility of making profit. Gambling is gambling.

And if you consider your needs over your wants in playing gambling and urge to earn it is good but also be aware of the outcomes. Not all, charts, chances and predictions are exact.
1615  Bitcoin / Bitcoin Discussion / Re: What happens to my bitcoin if I die today? on: November 25, 2020, 09:12:11 AM
you must trust your nearest relative or wife's child. They are the people most entitled to your assets as well. It is worth remembering that some people also believe bitcoin as a means of investment. Perhaps you can also withdraw all your assets so that they can be passed on to what you want before death occurs

No. In today's world, you can't trust anyone. People have become more selfish and devoid of human emotions. I am also holding a large amount of coins, and till now I haven't shared my private keys or passwords with anyone. If something happens to me, then all those coins will be gone. But that is a risk I am willing to take. It is simply a question of which risk you would prefer - getting your coins stolen, or your coins becoming inaccessible after your death.

The idea is quite selfish but I understand because in this world you won't believe others but yourself. But imagine the scenario where your near relatives like your wife, children or parents might be the one who sadly need some funds because of something serious and by that funds it may change some serious or bad situation. Would you still risk not to tell to atleast one people about your funds? For me, I will always believe on my sister and I will tell my funds and private keys to her so that she may used it for emergency and for their needs if I am about to leave.
1616  Bitcoin / Bitcoin Discussion / Re: Bitcoin will be used instead of paper money on: November 22, 2020, 08:08:12 AM
We never know what might happen but still, I don't think that Bitcoin will be replacing fiats.

With the fiats still used despite the transmission of the virus, this pandemic proves that digital currencies can help lessen this kind of problem in the next few years. New diseases will emerge and online transactions would be of big help. Still, fiat will overcome as there are a lot of mobile wallets for fiat. I think in terms of investment, that would be the place where people would prefer Bitcoin instead of paper money.

To make things more clearer, we need to know that fiat and bitcoins are both a currency yet it has a different purposes. Bitcoin is a digital cryptocurrency where we can use in onlines and we can also convert into fiats yet fiats are we calle paper money or the physical cash that we used in our everyday needs and transactions. They both have unique uses and they also have both ideas. Yet I think bitcoin will not overcome or replaced paper money in terms currency we used nowadays. Bitcoin is a good idea of online currency and paper money has its own idea of physical curency.
"Bitcoin will be used instead of paper money"
we all know about Bitcoin. Even a few years ago no one had any idea about the sale. At today's price of 18 thousand dollars, the price of 1 bitcoin. It is a remarkable revolution. Bitcoin needed only one thing. Big companies accept Bitcoin. But it has been
somewhat successful in 2020. Bitcoin is going to be the currency of the future. Its value will increase at such a rate in the next five to six years. Which no one could have imagined. One is just people believing in bitcoin. If you use paper money you can destroy that paper money. but you can never destroy Bitcoin. Which you can't catch. There is no question that you will ever destroy it. This is mainly due to the differences between Bitcoin and paper money.

I think it's impossible for bitcoin to replace fiat money. First, it was decentralized digital currency which government doesn't like. Second, It was very volatile, it's value keep on change in just a second. Third, it needs internet everytime you need to use it and make transaction, you need to be connected to the internet everytime, anywhere if it will replace fiat/paper currency. Both Bitcoin and paper money has it's pros and cons but paper money is still be more popular and suitable to be use anytime, everywhere because all people young children or adult knows how to use it very well unlike in bitcoin that they need to learn it first with difficulty before they can use it.

Yes. The valid reason of bitcoins will not be able to replace fiat is that because it is a DECENTRALIZED and UNSTABLE online currency. Day by day the value of it has a possibility to change 100%. It may go up and it may go down. Many people will likely to lose and earn as well and I think thr ide of being instable value isn't gonna help or be a good idea in question wheter bitcoin may replace fiat today.
1617  Economy / Gambling discussion / Re: Gamblers lose more money than win. on: November 21, 2020, 06:46:34 AM
Obviously gamblers are losing more than their win if we calculate the net difference in the total rewards paid to the total bet amount and that is how the gambling casinos or sites survive here and making profits.Its not a rocket science to understand it either for most but still they prefer to gamble because they feel that they are lucky and can win more money from their betting amount.

Maybe or Maybe not there aren't specific statistics regarding gamblers if there are then please include them.
There are some gamblers that win in starting and never come back and there are others that win, come back and lose everything.
But addiction is on both sides!

So if 1st time winning gambler comes back then they have less chance of winning again depending on the house edge.
As long as a gambler can control themselves, especially if they win the games, they will not lose the money because they can manage the money and stop the game.
But many gamblers losing their control in the gambling after they win, and they think that if they can continue playing gambling, they will have a chance to win.
That is not always right because we know that gambling is based on luck, and we can not always win after winning the game.
A gambler will lose more money if they still playing because they don't have a big chance to win much money.
If they can win small money, it is better to stop for a while and not play more rounds because they can lose that money.

We can admit that gambling is one of the easiest and effective way of earning money or we can say profits. Gambling are the fastest way of income generator yet gambling can also cause negative effect like losing also. If you play gambling, you must aware of some consequences like losing a large amount of money and you need also to be aware on the games that you will play on. For me, gambling profits or loss is always depends on the player. On how he handle the situation and how he strategize in playing. Gamblers must be responsible and not carried away by their negative attitude like greediness.
Gambling is here to stay and the same for their users and that's why many casinos are also being created. While the old and existing ones becoming stronger and staying in the industry for the better. It's not the problem of the casino but it's the problem of the gambler if it's affecting his entire life and does things according to his will just to make himself satisfied as he gambles.

Casinos are not created for their users.

It is created for the profit of the owners and its investors. That is why these owners and these investors don't care whether people are destroying their lives in these games, at the end of the day it is still a business. If the gamblers will not be able to control themselves, they will obviously fall into that pit with regrets and a lot of losses.

Casinos are one of the best example of gambling game that many gamblers came by. If one night of playing they didn't control theirselves and continue to play even if they are losing, they will end up losing money than earning some profits. The owners of casinos is earning while the players are sometimes winning also and sometimes loosing.
1618  Economy / Gambling discussion / Re: Gambling Gang uses crypto for illegal purposes on: November 20, 2020, 03:25:52 PM
In china the government reported a case where a gambling Gang as they stated were using cryptocurrencies to transfer funds abroad. According to them trillions of yuan's are illegally being transferred abroad due to gambling.

They are taking it further by saying how it's not just a financial problem but it's a conspiracy against their nation as a whole.

Now they are making this bigger by saying how these cryptocurrencies and gambling are making it harder to track the transactions. BUT ! Isn't it easier to track these transactions as compared to fiat ??

Quote
Gambling in China is illegal under Chinese law and has been officially outlawed since the Communist Party took power in 1949. Any form of gambling by Chinese citizens, including online-gambling, gambling overseas, opening casinos overseas to attract citizens of China as primary customers, is considered illegal.

From wiki


Now gambling in China is Illegal so according to them if anyone from China is engaging in Gambling online overseas even the online casinos might be held accountable.  But I think some casinos might be bypassed by using VPN.

Shouldn't the Chinese authorities in lieu of the statement where they say that they are illegally transporting trillions of yuan's online , make the gambling legal and make sure to have well established rules instead of putting a hand out on the whole industry ?

Plus if people wants to engage it's their personal preference not the fault of the on-line crypto casinos.

https://cointelegraph.com/news/chinese-govt-official-gambling-gangs-use-crypto-to-transfer-funds-abroad/amp

Its true that Gambling in China is illegal but the fact that its not being stopped means some officials are still tolerating gambling. Its also possible for the Chinese people to create Offshore locations like Philippines. There are a lot of Chinese workers that work within Casinos and they are creating a lot of money from that. These people should be held accountable for the Illegal things that they are doing by the Chinese government.

I think that is one of the reasons why some chinese migrate in the Philippines. In Philippines, some of gamblings are illegal but it is lot more have legal gamblings like casinos. And one thing I actually see is that there are lot of chinese players in casinos. Gambling isn't that bad and for me it is one of the best and easiet way in earning some profits as long as you know how to play, strategies and different kinds of knowledge. But gambling become so bad for people when there is greed. I gues that is the reason also why people use gambling for illegal purposes like scamming, because of greed.

Gambling in world lots of things we cannot officially say about this is the thing happening now yes some illegal people are also there but not everyone involved in this I will definitely say there are lots of people using this for good purposes also

I also agree to the idea of many people are using gambling for good purposes than to those people who doesn't. Gamblers must overcome the stage where they will become greed of profits and make things that aren't things that they are doing before like some illegal activities in gamblings.
1619  Bitcoin / Bitcoin Discussion / Re: Not Sure On Whether To Buy Crypto Or Not? on: November 20, 2020, 02:46:45 PM
Believe me without reading that article, many of us already know why we should buy crypto or increase your portfolio to the very best of your capability  Cool
Although don't just buy any crypto just for the sake of it, buy what really deserves it, or better yet, only invest in projects that really have the potential to provide service both online and offline (something that has usability)
Because with time projects with no real usage will die off because the owners will be tired of doing artificial price pump as a result of lack of real demand.

The decision of wether buying crypto or not is always depends on the user because he/she will be the to look on the perspective of he might need it someday or profit might be a blast someday but of course in buying crypto you need to know some ideas and guides. Buying crypto is easy as long as you have the capability but the idea or technique for example on how can you save or make a good deal and how will you gain profit in just small amount of starting. I agree to the idea of researching, analyzing and asking some people who know a lot about it before taking the decision to buy. Crypto for today is definitely good and one of the blockbuster income generator if you know it well.

Buy what you want and where you want, crypto allows you to make a free choice.

Yes. It is definitely a free choice that will made by yourself or the one who is going to buy but this kind of thread of ideas that can be share is a very good move in order to help others that might be a good effect on them.
1620  Bitcoin / Bitcoin Discussion / Re: What do you think about the price of Bitcoin now? Take profit or greed? on: November 20, 2020, 05:52:37 AM
Yeap it's pretty much whatever. I'm totally aware that bitcoin can crash back down from here and I'm completely fine with that as I look at it's potential long-term valuation. I personally just continue stacking regardless of price and I personally think people(especially the non-traders) should be doing the same.

https://dcabtc.com/

I've been following some trading experts from tradingview and their opinions have been conflicting. Some believe it's a gathering time for the ultimate bull run while some have an opinion that the buys and sells are balancing out so we would have a decline.
For me, I sold 100% of my bitcoin holding at an average of 17K and bought back some btc from 25% of that at 18K. Sounds stupid but I don't want to miss out incase of a bull run and would dump if I feel it's crashing.

Yea. It is good to rely on a trading experts of effective platforms. Different traders have different kind of understanding and interpretation about the bitcoin situation right now. Some might tell you to sell because the price is good while other might tell you to hold on because as the history bitcoin almost reach a bigger price last time. Bitcoin bull run todays isn't that special because for me it doesn't surpass the last time price but I definitely think that it will in the next few days. Besides in any person if they gain profit even if it is small amount, it is still profit.
I've been following some trading experts from tradingview and their opinions have been conflicting. Some believe it's a gathering time for the ultimate bull run while some have an opinion that the buys and sells are balancing out so we would have a decline.
For me, I sold 100% of my bitcoin holding at an average of 17K and bought back some btc from 25% of that at 18K. Sounds stupid but I don't want to miss out incase of a bull run and would dump if I feel it's crashing.
I'm not suggesting that all of them are bad, but I don't think it's a good idea to listen to "trading experts".

But yea, selling is not totally bad. If you're here to make money, then profit is profit.

I am a non-trader too, for now. As a personal strategy, I set a line where I am going to sell my bitcoin, I do not mind the FOMO higher price than what I have sold it because I have needs for the money that will benefit me in the long run. I sort of think of it as diversifying my investments.
There's nothing wrong with selling if you actually need to use the money. I'd actually argue that selling right now might be a great idea if you're going to use the money for personal reasons and for starting a business(regardless if you fail, the knowledge and experience is priceless). On the other hand, selling right now just so you could buy yourself unnecessary stuff is a big big NO.

It is actually a good thought about the idea of selling right now. It is always depends on you on how you can reach your own maximum point that you can hold till you sell your stocks. It might be good or bad in terms of profit but you will definitely earn right now.
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