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1201  Economy / Gambling discussion / Re: New Solution to Address the Problem of Gambling in Australia. on: December 02, 2022, 06:30:16 AM
But this needs to be disseminated to all users so they will know that now Sportsbet does not allow using credit cards to deposit money.
As soon as they attempt playing on credit they will be notified or spot this alternative is unavailable on gambling websites.

I think the measure is a good one, because it's useful as an extension of the initial gambling guideline of "just play with money you can afford to lose". In this case of credit cards it is "don't play with money you don't have yet".

It will help gamblers to not lose control of their finances. Only those who have credit cards with high limits rates know how tempting it is to use the credit.
Even though they have a credit card with a high limit rate, that doesn't mean they can use a credit card because it's not worth the risk they will get if they lose.
Maybe it will be fun because they can deposit more money, but if they could think that they have to pay for what they use, surely they will not take the risk.
We have seen that credit card bills can increase along with using a credit card, making it difficult for us to pay later.
So, in this case, we should not even try using a credit card because many have had that bad experience.
1202  Economy / Speculation / Re: Bitcoin December price on: December 02, 2022, 04:30:24 AM
Early December began with a good movement, after the FTX case that made panic and had touched the lowest level of $ 15k but today the price has touched $ 17k, I'm sure the price can reach $ 20k in a week and will continue to rise even though sometimes there is a correction but it won't Stop the pace to reach $ 25K.
Hopefully, it will continue again and could increase to $20k but it looks like the market is facing another correction because the price is back at $16k.
But if not, the price will return to decline again and for futures traders, it is a good time to go short.
So, for now, we must remain vigilant, wait for what will happen in the market and always analyze market conditions to be ready.
And if you want to make purchases using DCA, you can wait a while until there is confirmation from the market if the market will still experience a correction.
The market is still very weak, it presented a small recovery and it surpassed the 17k price for a time but we are back to a price slightly below it, and while this can be worrying for those that bought when the price was very high and they cannot take it anymore I think this is a natural reaction by the market, since if we really think about it there is not really a strong reason why it should present an important recovery at this moment.
We still need to be patient because the price hasn't been able to go up yet and is in the range of $ 16k- $ 17k.
But I remain optimistic that bitcoin will surely increase when the time comes.
We don't need to worry about this situation and keep buying more bitcoins, especially if the price drops sharply again like before.
And hopefully, if the decline still occurs, it won't make many people panic because it could trigger the price to drop even more.
1203  Economy / Speculation / Re: Bitcoin December price on: December 01, 2022, 04:08:08 PM
Early December began with a good movement, after the FTX case that made panic and had touched the lowest level of $ 15k but today the price has touched $ 17k, I'm sure the price can reach $ 20k in a week and will continue to rise even though sometimes there is a correction but it won't Stop the pace to reach $ 25K.
Hopefully, it will continue again and could increase to $20k but it looks like the market is facing another correction because the price is back at $16k.
But if not, the price will return to decline again and for futures traders, it is a good time to go short.
So, for now, we must remain vigilant, wait for what will happen in the market and always analyze market conditions to be ready.
And if you want to make purchases using DCA, you can wait a while until there is confirmation from the market if the market will still experience a correction.
1204  Economy / Gambling discussion / Re: New Solution to Address the Problem of Gambling in Australia. on: December 01, 2022, 02:36:26 PM
It's a good idea to avoid bad financial problems for the users, because maybe they can't control themselves so when the credit card has not reached the limit they will continue to use it to gamble, and many other casinos should do the same even though the players will try to find ways to play with their credit cards because no system works perfectly, most of them can only reduce it.

I agree that casinos will eventually ban or block users who want to use credit cards to gamble because of the high risk that gamblers can get.
This is a way to control so that people don't become addicted and don't use more money than they can afford so they only gamble with a certain amount of money.
But this needs to be disseminated to all users so they will know that now Sportsbet does not allow using credit cards to deposit money.
And it is a concern of the casino to keep problems arising from gambling and it is hoped that all gamblers who play on their site will understand that this is for their own good.
1205  Economy / Gambling discussion / Re: My Unconventional Betting Strategy on: December 01, 2022, 06:50:06 AM
My only safe strategy is to gamble with the money I can afford.
So why should I have an unusual bet and bet with friends?
Besides that, if I want to join my friend in placing the bet together, I will send the money to them and let them decide.
It may be the best way to bet for them so they can share information to choose the right team.
But still, I'd rather bet alone than share accounts with others because when it comes to money, everyone can be greedy.
1206  Economy / Gambling discussion / Re: Running a casino during crypto crash on: December 01, 2022, 01:48:29 AM
It seems to me that such a feature is never going to be as popular as gamblers may like it, after all if a casino was big enough and began to do this then they will expose themselves to all kind of risks and they will have to manage their casino more like an exchange than a casino, and as we have seen if there is a bad management then an exchange can collapse within days, so while this will be very convenient I doubt there are too many casinos that would like to take that risk.
So it will depend on how the casino can manage the business properly so that no problems occur later.
The existence of an exchange feature in the casino can provide comfort for gamblers who can exchange their coins for other coins.
This is also useful for lowering the transaction costs of certain coins so that gamblers can receive more amounts.
The exchange feature is just a facility provided by the casino and of course, if many members enjoy it, they will feel good in the casino playing gambling.
Usually this do really involves 3rd party services which is integrated on the platform which it dont really see that you would really be able to avoid those high fees even if they would really be making their own.
We know that every conversion does really have that different prices on the time you do make out some exchange.Yes, it does really give out that kind of convenience but most of the time which
gamblers or people would really just simply withdraw on what coin available that they do have into their balances.Speaking about running a casino during a crypto crash then it would really be
depending their survival basing in community demand and would really be playing out into their platform on continous basis or something that could sustain on getting revenue.
It doesnt matter on what situation or condition as long they do have this then they could really survive on.
The difference is the fee that the casino will charge its users and every gambler who is in the casino and wants to use the conversion feature must agree to the rules.
And so far, if the casino has this feature, gamblers who want to use the feature have no problem with the difference in costs in that casino.
Gamblers who use this feature convert their coins to other coins and do not reduce the number of coins they will get too much.
This also provides convenience to gamblers as they can convert to any coin they want and reduce transaction costs.
1207  Economy / Economics / Re: Is a ban on Retirees Cypto Account a fair deal? on: November 30, 2022, 03:10:23 PM
I don't know whether it's fair or not for retirees but if they understand the risks behind investing in crypto and can accept it well, it will be the responsibility of each individual.
Those who receive their money through the salary system or their pension have the right to use their money for anything because it is their money.
But here, the government wants to protect the money they have and I think this needs to be discussed first between the government and pensioners so that there are no misunderstandings between them.
Or maybe the government could give freedom to retirees who want to invest in crypto using only 10%-30% of the pension they receive so that if there is a decline, it won't have too much of an impact on those pensioners.
1208  Economy / Gambling discussion / Re: Running a casino during crypto crash on: November 30, 2022, 11:41:18 AM
It seems to me that such a feature is never going to be as popular as gamblers may like it, after all if a casino was big enough and began to do this then they will expose themselves to all kind of risks and they will have to manage their casino more like an exchange than a casino, and as we have seen if there is a bad management then an exchange can collapse within days, so while this will be very convenient I doubt there are too many casinos that would like to take that risk.
So it will depend on how the casino can manage the business properly so that no problems occur later.
The existence of an exchange feature in the casino can provide comfort for gamblers who can exchange their coins for other coins.
This is also useful for lowering the transaction costs of certain coins so that gamblers can receive more amounts.
The exchange feature is just a facility provided by the casino and of course, if many members enjoy it, they will feel good in the casino playing gambling.
1209  Economy / Gambling discussion / Re: Why Must it be the last game? on: November 30, 2022, 09:47:27 AM
Dont put it all in one bet, sometimes its the side bet which works out not your accumulator especially.  Have to expect the multis to be a special occasion not the norm unless you are a genius.    Try to layer it a bit more, half or split the bet a few different ways and only have a third on your original idea.    All or nothing is a hard road to go, simple fast to bet perhaps but I prefer a whole sequence of bets so I do at least  win back my stake money, if not the win I hoped for.
I agree with you because losing is very risky if we can't choose the right team.
It is better to divide it into several bets, with each bet using the money we can afford so that if we lose, our loss will not eat up all the money.
But there will be types of people who don't really like dividing it into several bets because that may be the reason is difficult to monitor many matches simultaneously.
We must know how many bets we can handle and be able to find information that will support decision making to choose the right team.
1210  Other / Beginners & Help / Re: Why you should never try to time the market bottom on: November 29, 2022, 09:25:37 AM
I don't trust any Youtuber and prefer to analyze it by myself because I don't know whether their information is valid or if it's just to attract people to follow that Youtuber.
In this bear market, it is very difficult to analyze market conditions and if we just follow the Youtuber's advice without doing research, I'm afraid we can get a loss.
We should analyze ourselves. Even if we are wrong in analyzing, it will provide an experience we can use for introspection to be even better at analyzing.
If we try to buy bitcoins on every dip, we have to manage how much money we use and don't use an all-in strategy because it is not recommended.
1211  Economy / Gambling discussion / Re: Real most rewarding Crypto Casino? on: November 29, 2022, 06:20:32 AM
Hi guys, I've hear about this casino called fairspin, and I would like to hear an opinion from the players before trying it myself. Any fairspin players?
This casino is good and they seem to insentivise their players with all kinds of bonuses and promotions. For example, you can easily get a $50 bonus, all you need is to deposit a $100 or more
Any casino can choose to give themselves a certain name where gamblers will take them as a brand name so that should not be a big issue. There are some casinos that called themselves the most innovative casinos why some may be users friendly. This casino is good and no doubt so we need to understand so brand names that is attached to companies and casinos.
Choosing a name for a business will certainly help them to be easily remembered by its users and the same goes for a casino that has just been launched.
And as long as the casino can really provide the best for its users, I'm sure the users will also return to the casino continuously.
And from the user's point of view, those who can find comfort in playing will also play there and will not move to another casino.
Giving incentives such as certain bonuses or prizes to loyal users is common in casinos, especially if the loyal user has used up a lot of money.
1212  Economy / Gambling discussion / Re: Cock fight game on: November 29, 2022, 04:42:42 AM
Yes I have heard of cock fight and have also watched it in films, I have a friend from part of Asia he explained this gambling stuff to me saying that his parents and grandparents loves gambling on cock fight. He said also grew up to enjoy it because they see it as fun. I love trying something new,if i happen to see it anywhere I will go and watch and possibly stake my bet after I have observed the game and have seen the rascal chicken that is capable of winning. I don't think this can be included in a casino because of the love man has for animals and have seen them worth living so many people might not like the concept.
I don't think it's love because we use the animal to gamble and often, the animal is killed in the end.
And even though they have spent time taking care of the animals but they still use them to gamble and try to win some money.
But maybe in Asia, this is common and has been happening for a long time, so it's not uncommon to see cockfights or other animal bets.
And if the government sees that this is addictive for the current generation, they will ban it and punish people who use animals to gamble.
1213  Economy / Gambling discussion / Re: How was your first attempt to play gambling on: November 29, 2022, 03:05:30 AM
I started betting out of curiosity about a Youtube video I accidentally saw.
There I saw that streamers could win easily and earn a lot of money, which made me wonder whether it was really that easy to win in gambling games.
And accidentally visited the casino site and registered there and tried to play.
But I didn't play blindly but took a look at each game and found that playing dice was very easy and I also found the slot games easy to play too.
Only the poker game makes me study longer because it's not easy for me.
1214  Economy / Gambling discussion / Re: Running a casino during crypto crash on: November 27, 2022, 08:31:45 AM
Online casinos don't have the right to show users how much they have in reserves, the only red flag about online casinos is not paying after winning, this is why you have to use a well-rated gambling platform.

Gambling platforms are not like crypto exchanges where users store their funds for trading, they are very different from the one another.
If the casino doesn't pay the players after they get the winnings, we must complain to the support service so they can settle their obligations.
And if they don't pay us either, we can complain to the authorities and spread the news on social media so that more people will know about it and can prevent them from playing in that casino.
But I think the gambling platform will also have a reserve fund that will be used to pay the winners and if their balance is low, they can use that reserve fund.
So the operation of a casino will not always be related to the state of the market because casinos and exchanges are different.
1215  Economy / Gambling discussion / Re: What Would a Nation of Sports Gamblers Look Like? on: November 27, 2022, 06:27:03 AM
Legalisation of online casino was the easy one for the government. Because by passing the law , it was the easy one. The offline casino will affected,if the government legalised the online casino. So the offline casino people will not allow this to occur. It’s common one in all the business. The Offline casino running people will be more powerful person of their country. So their influence was made effective as compared to online casino. So this type of activity can’t be changed at any circumstances. Only solution is both can earn by not interfering other business.
The legalization of online casinos may be easy. Still, we know that online casinos can be created in countries where gambling is allowed and they can easily grant operating licenses for those online casinos.
But here, what needs to be considered is what will happen to its citizens if casinos are allowed in their country because this can trigger citizens to play gambling often. After all, they think that by gambling, they can get money easily.
We have seen that online casinos are getting more and more popular nowadays and lots of new people want to try to earn money from gambling.
So what are the consequences if, in the end, a country legalizes gambling for its citizens?
They will use gambling to make money.
1216  Economy / Speculation / Re: How low will BTC's market price go? on: November 27, 2022, 03:59:46 AM
I reckon it can still go below, FTX was unexpected really I expected we bottomed out with the $16k in October but we still went below that, and the FTX issue seems to still be in effect, so maybe around $13, $14k? Wouldn't expect it to go below $10k though. We'd probably need a piece of bigger news than FTX if Bitcoin ever wants to go below $10k. The market is back at $16k recently which I hope stays, but either way, DCA is your friend at this time, I see no need to wait till the bottom to invest, pretty sure most would call this period of time in general the bottom for the market anyway.
I also think so because I see this FTX case is not finished yet and there may still be a continuation and if it is bad news, it will likely impact bitcoin.
We have to be prepared for whatever is going to happen in the future and if that means the price of bitcoin will drop again, we can prepare some money to buy at a low price.
But I'm not sure if the bitcoin price will go back below $10k because that could create huge chaos in the market and people will panic more than before.
The important thing is that we know what to do if the market moves later so we can take advantage of it ourselves.
1217  Economy / Trading Discussion / Re: Share your Crypto experience. on: November 26, 2022, 12:57:09 PM
Crypto is the best option for next generation but cryptocurrencies in my experience, cryptocurrencies can change the lives of many people, but only if cryptocurrencies is done with the right guidelines. But without proper guidelines it is not possible to make a good amount of profit in cryptocurrency. But most of the people want to profit very quickly in cryptocurrency which should not be done in this case. Cryptocurrencies are mostly managed with long-term planning.
But they won't get much profit if they don't learn much about crypto and only rely on other people to invest or make money.
Investing in crypto is risky, and few can accept the risk behind it.
They hope to make a lot of profit in the short term, which is not always happening.
But if they can learn more about cryptos, they will see that investing in cryptos is a way to profit in the future.
1218  Other / Beginners & Help / Re: Is it possible to get bitcoins for free? on: November 26, 2022, 09:37:59 AM
The answer is yes.
The faucet can give you bitcoins for free but you need to spend a long time before you can collect decent satoshis.
The best thing you can do now is buying Bitcoin and hold it.
Maybe you need to spend some money monthly to buy bitcoin but that is worth doing.
If you can go back to 2013, you will have your chances to get bitcoins for free as faucets became a way to get bitcoin but that is already happening and you can not go back to that year.
All you have to do is try to have bitcoin, whether you buy or play a faucet. Every satoshi now is worth Grin
1219  Economy / Gambling discussion / Re: gambling winner identity on: November 26, 2022, 07:57:26 AM
Indeed, we do not know the history of his family and his entourage, perhaps there is some story that caused such an approach on the part of the winner with such a large win, I think time will pass and everything will become clear.
It could be what the winner thinks will happen to his family, especially if they have seen how much money the man has made.
This can lead to the desire to buy various things that his family does not really need so he thinks he doesn't need to tell them about it.
If he really could keep it a secret from his family, he could have managed his money well and prepared better for his future.
But whatever it was, he'd better think about it carefully because it's related to the fate of his family and by using the winning money wisely, he could have an even better life in the future.
1220  Economy / Gambling discussion / Re: Zero KYC tolerance gambling platforms on: November 26, 2022, 03:17:46 AM
this is why it is always advisable to just submit kyc if it is indeed necessary. some casinos here don't require kyc even if it is stated on their terms. however, you should always be ready in case they ask for it. but as much as possible better play and spend significant amount of wagering funds in a reputable casino. so in case they need kyc, you won't feel that they are just asking it for nothing.
Maybe those who don't want to do KYC should strictly limit their use of money for gambling and not do anything that would raise the suspicions of the casino against them.
Never gamble with a lot of money if you are not prepared for the risk behind it.
And try to play at a reputable casino so that if you have to do KYC, your data will be safe with them.
And you also have to be prepared to do KYC in the future because this is probably what all casinos will do if the regulators force them to do it for all their users.
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