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1361  Economy / Gambling discussion / Re: Lost more in the process to recover ? on: November 20, 2020, 05:43:03 PM
Taking money on a loan in order to win back a gambling game is an extremely stupid act. Person need to learn to accept your loss. If he failed to win immediately, the chances of winning back are not high. Those people who are trying to win back with the loaned money you need treatment for addiction to gambling. For this treatment, a person can take a loan.
If you do that for sure you will incur more losses, taking a loan as capital in gambling is the most not preferable way because it is a borrowed money and there is pressure and psychological effect to it. My advise to other gamblers to just put money in gambling that they are afford to lose where they own the money and not borrowed from family, banks or friends. How can you repay the money that you borrowed if you do not have good performance in gambling? the best way to recover your past losses is by resting first wherein you will remove all of your emotional attachment in your past gamble and past performance after that improve your skills in areas that you are lacking then you can comeback playing and betting again.


I said the same thing. You can take a loan for something that is guaranteed to bring you a profit with which you can pay off the loan. For example, business expansion. But taking a loan to try your luck is extremely stupid and usually ends up with a person who will owe much more money.
It's sad that people can't understand the math behind games and they can't understand how RNG and provably fair system works. They think that on every new bet, the probability of win increases but the truth is that on every bet, their chance stays the same. They can't or just don't want to understand that and then blame casinos for their losses while casino directly tells them this information + as a bonus tells them to not lose more than they can't afford. It's bad when they take a loan for that purposes, loan can't pay the loan, it needs hard work and patience, not gambling.
1362  Economy / Gambling / Re: ⭐ Crypto.Games ⭐ 0.8% House Edge on Dice ⭐ Bitcoin Lightning Network ⭐ on: November 20, 2020, 04:39:22 PM
What I often find useful, specially when looking at new casinos is to check their reputation. This is something newbies are encouraged to do before depositing their money onto dodgy casinos.

I was just going through some reviews and I came across the review on this casino.

~snip~


So, I thought it might be useful for new people to see the pros and cons of this casino, and what it offers, as well as what other people think about it.
For the full review click here.
I suggest you to reduce your images in dimension and size cause otherwise, it's uncomfortable to read your post, just friendly advice. Check this thread if you need help.
As far as I know cryptogames owns crypto-news.net and they have some articles about their website: https://www.crypto-news.net/bitcoin-casinos/
I'm sorry but more likely people won't be able to see this review cause this thread will move on another page very soon and your post will get lost.

Btw personally I think that the cons section was very true and sad at the moment. It's a very reputable website but somehow users don't have a lot of games to choose from, very limited number available. And when website is trustworthy with low house edge, it's the moment when users don't want to move on another website but lack of games push them to do so and move.
1363  Economy / Economics / Re: Will Biden Tax Policy help or hurt Americans? on: November 20, 2020, 02:51:58 PM
The above taxation is really unfair for the rich and this tax disparity will also reduce people's ambitions. Because if you work hard, the higher your salary, the heavier you will be taxed, so why work hard to get rich?
This is Biden's weakness in taking care of the economy in America. If Biden really elected, I think the United States will once again fall into critical.
In any way, when you work hard, you still get more money than those who get less income. If I earn $100 000 and don't get taxed but you earn $200 000 and get 20% tax, you still have higher profit than me, $160 000.

Personally, I like this idea. A lot of people on their own are very greedy. They'll just take millions and millions and won't even spend half of it. If we want to create a better future, then we should set higher tax on rich people. Higher tax on them means that money will go from those who have surplus to those who have a deficit of it. I don't mean direct movement but that money should be invested in strategically needed businesses and services. We don't have to push poor people harder but we can take some money from rich people and invest in necessary things.
1364  Bitcoin / Project Development / Re: Would you meet these crypto requirements? on: November 20, 2020, 02:20:39 PM
At first it will succeed but then, for example after 100 days from today, users will be able to abuse it very easily. For example, I'll generate new bitcoin addresses, lot of them, do transactions from different addresses to these addresses and will make it look like there is no link between them. And whuola, your knocked out in this "combat".
One way to stop multiple accounts will be if you ask users for bitcointalk accounts and merit requirements. Merit because it's easy to create account but it's hard to own two and more accounts and get merits regularly.
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1365  Economy / Gambling / Re: WOLF.BET - $1,000 Daily Race! 30% Rakeback! Advanced Dice Game 2.000 Bets/s⚡ on: November 20, 2020, 01:17:09 PM
And that's why you have to use Dogecoin and start with the lowest base bet. With as small as 0.00000001 doge it would become quite a different story if you could actually start with that amount. And since flashbet allows you to run thousand bets per second, even small profits accumulate way faster – unlike probabilities which don't add up.
I don't think that is possible in Wolf.bet. If it was possible to place 0.00000001 doge as the starting bet in flash betting, gamblers wouldn't be complaining about the 10 sats minimum bet.

It is easily possible to beat the house in the long term with such a low Dogecoin minimum bet which is why the house wouldn't allow it. You could set it as the minimum bet in regular auto-bet mode, but you would earn negligible amounts unless you run thousands of sessions concurrently.
I amn't registered on their website but moved on the section of all bets and saw that one user has done a bet of 0.00000001 XPR. Then, just to be sure, I asked the online support about what's the minimum bet in dogecoin's case and they replied: 0.00000001. After some conversation, they confirmed that it's the minimum amount on every altcoin like on bitcoin. To be fair, I am amazed at some point because doge is cheap, one doge costs 0.0029 USD. For 3 dollar, you get 1000 dogecoin, for 300 - 100 000. Idk what to say but personally I think that with 100 000 dogecoin, you can beat the house, your fail can't continue infinitely when the house edge is 1% and the possibility of win is 45.5%.
1366  Economy / Economics / Re: Ray Dalio Admits He May Be Wrong About Bitcoin" on: November 20, 2020, 12:52:27 PM
What does he mean in turning bitcoin into a material things? Does he mean bitcoin banknotes? Where we will have banknotes with value of 0.001 BTC, 0.005 BTC, 0.01 BTC? I think such thing won't happen because the main idea behind the bitcoin isn't to be a material thing and at the same time even if anyone decides to print such banknotes, why the hell people will look at it as a valuable thing? It's not the nature of bitcoin and it will exist the way it is right now, in digital space. And no one is enough authoritative to seriously start printing of btc banknotes, it's the thing that can be banned as easy as ABC.
1367  Bitcoin / Bitcoin Discussion / Re: How to securely store your Bitcoin on: November 20, 2020, 12:01:33 PM
The general opinion is that the less safe way is to keep your coins online (online wallets, crypto exchanges) because there is always the possibility of phishing (that you enter your login details in the fake site) and of course hacking such services can happen at any time. But if we take the example of a large number of Electrum desktop users who have fallen victim to very wise phishing (via original wallet) then we confirm the fact that ignorance of what we use poses the greatest danger.
Phishing is user's problem, it means that they are careless, forgetful and not with high IQ when it comes to the safety of their money. Phishing in this case looks like paying of $150 in Abibas instead of Adidas. If you are so careless, then nothing can help you. But the actual problem is that exchanges suggest people to save their money on exchanges, for example, Binance often suggests that and people usually consider their advice. Then it happens as these exchanges get hacked and money is stolen from users accounts and in most cases they don't plan to compensate the lost money.

I love the slogan: Not your keys - not your coins!
1368  Other / Meta / Re: Why aren't AUTO-BANNED user's threads deleted (or at least locked)? on: November 19, 2020, 08:55:14 PM


We need a cure, not bandaid!
  To stop the bleeding you first need a band-aid then you can work on the cure so the bleeding doesn't occur again.

Also, (IMO of course) the Marketplace sections (particularly the Digital Goods and it's sub-forum) is a totally different animal than most of the rest of the forum regarding scammers and banned users.
I didn't actually mean blood and bandaid Cheesy
We can't fix the problem that way and there isn't any need of additional headaches without results. Users should use their brain to decide whom to trust and whom - not. When you trust a random member on this forum with not much activity and trust, then who to blame? Scammer or you? I would say - YOU! You don't have to be a stupid, shake your head and use that brain. Ask yourself, who is this man? Why do I have to trust him? How can I be sure that I won't be scammed? Why do I have to believe in his words? What guarantees do I have that I'll succeed in this deal and won't get scammed? Why do he offers this kind of service? What benefit does he has from it?

For example, when user sells casino bot/script that is able to earn $200 a day guaranteed and asks you for $50 and you buy it, apologize but you are stupid and none restriction will help you.
That's just my opinion Smiley
1369  Bitcoin / Bitcoin Discussion / Re: Loan to buy Bitcoin? on: November 19, 2020, 07:42:09 PM
No matter the current favourable situation, taking the loan to buy the Bitcoin is no good idea.
First rule of investing is that you invest extra money that you don't need and not to invest money that you don't have.
Bitcoin is volatile and price changes, there is always possiblity that you will lose and not be able to return the loss or that will cost you a lot. So, always bare that in mind before making decision to take the loan.
To be fair, that "rule" is the bad "rule". If you aren't a rich person, then you'll never have a business if we follow that rule cause business requires high investment. That rule is probably good at gambling.  You succeed when you invest more than you can afford. Usually, the higher the risk, the higher the potential reward.
Loan to buy a bitcoin is a risky investment but again, reward is very high. If you get a loan for one year with 10% rate and invest in bitcoin, there are two possibilities: 1. Price of bitcoin will go down or stay the same, according to price, you'll have to pay invested bitcoins + rest of the money. 2. If bitcoin's price goes up, depends on the percentage, you may pay that loan and get 1x, 2x and higher amount of money.
1. If you've got $1000 loan in 2011 and bought bitcoins, you would be very rich. But if you've got a loan when the price was 20K, then you would be poor.
1370  Bitcoin / Bitcoin Discussion / Re: A fund to help stores offer discounts on: November 19, 2020, 06:27:51 PM
I have never ever heard that stores get a grant in order to offer discounts. Personally, I think that such things can be abused by owners and no one will negotiate with you but it depends on how reputable and big store you have. I have seen that VISA offers discounts and cashbacks if you pay via it's card in some online shops, food delivery services, etc. I hugely doubt you'll find a sponsor in the crypto field. Better to raise prices and then offer discounts on crypto payments or just offer 5% or what you can afford. In overall, the idea of such discounts is to stimulate certain payment methods but this shouldn't affect your business and can be just your kind wish.
1371  Economy / Economics / Re: China is looking to get rid of the US dollar on: November 19, 2020, 05:38:00 PM
The US Dollar is a currency with global liquidity, and almost all national currencies must be converted to US dollars to purchase products from within the country. The dollar is the mediating currency around the world for most transactions, where US companies are where the strength of the dollar exists.

China is creating a cryptocurrency to eliminate the mediation of US dollars. This currency will transact in China, they will scale up payments globally.
I don't think China's monetary revolution will be successful because Huawei out of the 100 largest companies in the world has only 96. Hundreds of US companies have greater influence and much higher liquidity with the influence of a company from China.
China is probably doing well, hard to say in overall cause it's a very locked country. Personally I think that their aim should be this but at the same time they depend on exports, so, it will be hard or almost impossible to get rid of US dollar. If they make it like to hugely lessen their imports and make an ultimatum to countries to accept imports from them via yuan, then they may succeed but it will be very hard. Cryptocurrencies have nothing to do here with the fact that they want to get rid of USD. Cryptocurrencies can't help them in this task because it all depends on their politics, crypto just can be an effective tool at certain moments but not associated with this fact.
1372  Other / Off-topic / Re: in what business would you invest ? on: November 18, 2020, 08:49:16 PM
On my end, you can never go wrong investing in food companies as people always need to eat. But with Tesla, a lot of people can live their lives without Tesla. Even during this pandemic, a lot of businesses are closed and yet, many food deliveries are still open. So I'll go for McDonalds and other fast food chains. Coca Cola may be regarded as luxury during pandemic but you can get a water refilling business instead. This is also open even during crisis. People need to drink and eat no matter what situation they are in. So you can think of businesses around these industries.
Pretty much this, food is something that you need on daily basis, food is what people are working for and great food means a lot. You have a gf? Then you go at restaurant to have a dinner with her. Food and drink (alcohol) is the business that will always bring a profit. If you offer high-quality food and drink, then you'll always sell them with proper marketing.
In overall, right now it's the best time to invest in digital technologies, I mean digital marketing, web development company (frontend/backend). This is the niche that is necessary right now and will shine for years, it's an era of Information Technologies at least and covid proved it like 2+2=4.
1373  Economy / Service Discussion / Re: Preev.com stopped their Service ? on: November 18, 2020, 08:09:04 PM
It's back!

I do wonder how much they're paying in hosting fees. Sure, the requests are quite small ~ < 100 kb, but still, if you have 10k users "concurrently" (- more or less) refreshing the page with no advertising model... well.. I can only imagine that that adds up...?
I guess they probably use at least VPS, right? Usually, popular projects aren't hosted on shared hosting, even if the page is just lorem ipsum text.
I just checked and seems it is the website owned by bitcointalk member fennec. Here is the ANN thread
It may be a little bit offtopic but why is the preev so popular? Personally, I have used it almost every time during exchange cause everyone asks for preev rate. Is the data of website the reason of it? It's pretty old.
And why does this website exist without monetization? Just a honour from the author? Then that's great!

Edit: Wrote VPN instead of VPS (just my typo that was corrected).
1374  Economy / Gambling discussion / Re: Casino workers forced into unpaid leave on: November 18, 2020, 07:21:25 PM
We cannot blame companies doing the lay-offs because they probably can’t afford to operate after the lockdown anymore but they should have atleast compensated well their employees. Macau’s temporary closure of casinos could really hurt their industry, employees switching to other jobs is inevitable in tough times like this.
No, we can blame. First of all, they make tons of money and salary isn't that high in every company, in overall proportion of income / salary is very high and illogical. And another example that I can tell you is that Evolution Gaming left up to 1500 worker without job, just in one day. Is this fair? They are really making tons of money and pay tiny amount of money to their workers (still good in their country but...) and instead of paying some money to their employees on covid situation that was worse for everyone, they decided to just ignore them (forget lawsuit, they would win because of great lawyers and bad country).
1375  Other / Meta / Re: Why aren't AUTO-BANNED user's threads deleted (or at least locked)? on: November 18, 2020, 06:21:02 PM
Wait wait, what if I have serious discussion and good tips around technical stuff but it happened like I scammed some people and become scammer. At least I left great content on bitcointalk and the fact that I scammed, mustn't be the cause to delete my threads. All quality content should be available for everyone on this forum.

In overall, it's not a problem if scammer has a thread where he/she offers scammy services. The problem is that people fall in it, this should be fixed and not that. Removing of their threads looks like adding a bandaid on scars while making people mentally ready for such cases = taking medicine to fix the problem.

We need a cure, not bandaid!
1376  Other / Serious discussion / Pfizer plans to include microchips in vaccine?? on: November 17, 2020, 09:03:00 PM
Okay, this thread is for those who really think that Covid is a man-made virus (it can be but...) to make us cold, to destroy relationships, to never be living the same, to microchip and control us, to kill the 90% of the population, etc.

Because of my thread's title, let's talk about microchips via vaccination.
First of all, if it's possible to microchip you and control your mind, then, believe me, someone would do it with force and you would have no idea about it after that. Also, no one wants to control the mind of a human with non-existent IQ. you can feel safe.
Secondly, if someone wants to microchip you, it's not necessary to make a virus and then offer the vaccine, they can include microchips in:
1. B Vitamin shots
2. Insulin shots
3. Epipen
4. Botox
5. If we are so developed, then I think including microchips in just any pill shouldn't be a problem. There isn't anyone who hasn't taken any pill or injection.

So, no, no one created Covid in order to offer the vaccine and microchip you. Just turn your logic and cognitive abilities ON.

But why, why do some people think so? Why don't they judge the things they read online or hear from friends?
In such cases, imagine situation like this: Hmm, a group of talented persons, that were able to create microchips that will control us, weren't able to hide this leaked information from us? Now they sit at home and thinking: omg that one person guessed everything about our plan, we are fired!!!

Cmon, have a critical thinking, fairy tales aren't found.
1377  Economy / Service Discussion / Re: Should I use mixers? on: November 17, 2020, 06:43:29 PM
I have not stolen anything or have not done anything illegal however I do not want to let others know that this is my coin, I want to keep everything unknown from others.

Are you saying this is wrong? Protecting my privacy is my basic right.

In your context you sound like something is wrong this is why nothing to hide.
If you want to hide everything, then it's up to you. I don't say that you should never touch the mixer, I say that it's just not so necessary for overall anonymity. Not so necessary because it has it's fees and especially right now, when tx fees are very high, it would cost you a lot.
It's like when people advice: You should use steroids if you want to compete in professional bodybuilding, otherwise - don't touch.
Hope you understand the point.

You know, blockchain is an open book of transactions. Do you have something to hide from anyone? If no, then there is no reason to use mixers.
And clearly this is not the case.
If you want to feel extra secure and have resources and willpower for that, then use mixers! I talk here about average Joe with simple wishes.



From your statement, it looks like on bitcoin transactions there is my full name written across it and there is a full and detailed explanation about my transactions.
If you are using bitcoin which has just been withdrawn from a centralized exchange, then there might as well be. That centralized exchange knows your name, addresses, social security number, and whatever else you told them, and will use blockchain analysis software or third parties to track your bitcoin movements and where else you deposit it or spend it, and more than likely hand that information over to various governments and their agencies.
That's another case, that way you may use the mixer, it's up to you. But if I get freshly mined coins, then what? It's a very personal task in overall and depends on some factors too. For example, current high transaction fees and mixing fees make it hard for some people to use them.
I don't tell you not to use mixer, I just personally think that average Joe doesn't use Tails, VPN, Tor and mixer.
1378  Economy / Exchanges / Re: Will PayPal be a new crypto-exchange? on: November 17, 2020, 06:03:33 PM
I don't see this happening to be honest. Centralized exchanges are slowly losing against DEXes, so I don't see how PayPal would do any better. If anything, they're doing much worse than the currently existing platforms by not letting their users withdraw funds to their personal wallets.

And I realize that a lot of people are excited about this, but I just don't see why. Skrill has done the exact same thing some months ago, and no one turned this into a big deal so PayPal should be no different.
There are a lot of differences between Skrill and PayPal. First of all, PayPal is on another level. Alone the fact that it's accepted on eBay means a lot along with the fact that it was founded by eBay. Skrill has 35 million users while PayPal has more than 305 million active users. Almost 10x difference means a lot.
PayPal has a great reputation too, not much among merchants but high among its users who use to as a payment method. In overall, it looks like the steps into crypto is done by the leader online payment service provider.

Personally, I think that paypal's aim should be this, to become the leader in crypto industry. They can't be the best exchange right now because Binance is the leader in this case and has the best resources available in the crypto world to be the number one (for example, they own coinmarketcap.com that had 200-300 Alexa rank during peak times).
Maybe they aim to be exchange too but right now I think they want to be the leader payment service provider that accept crypto payments and conquer this field in the crypto world.
1379  Other / Beginners & Help / Re: How can I trust cryptocurrencies? on: November 17, 2020, 03:23:16 PM
Honestly, it seems to me that are some big players that control this industry. I think they mine whenever they want to manipulate the prices. Can you please explain how can I trust crypto more? Thank you
Do you mean Bitmain? They mine coins at first and then sell their equipment once they've mined a lot. For example, let's imagine there is X10 miner that just entered the market. In reality, they have X20 miner and mine with it while telling you that X10 is the latest one, very shady behaviour.
Cryptocurrencies were truly the best at the begining, right now, without doubt it turned into a commercial business and no one cares about the philosophy behind it.

But what do you mean in trust? You can look at bitcoin in two ways:
1. As a currency
2. As a payment method

Price is very changeable, so, no one can tell you whether it will rise tomorrow or not and it's not a stable thing, no, very unstable.
And as a payment method, yeah, you can trust it. You are your own bank and don't depend on 3rd parties, no one can freeze your wallet and leave you empty if you don't make mistakes.

But I have one question for you: Can you tell me why we have to trust fiat and not crypto? Let's take USD for example. USA prints it, leaves debt that we have to pay. Imagine, you lend $100 to a person and instead of getting this $100, you are going to give him $200 for the honor of taking loan from you and leaving you in a debt. That's abuse...
1380  Economy / Gambling / Re: 💰 GamblingFreebies.com - How to Get Free $$$ + Strategies + Picks 💰 on: November 17, 2020, 02:33:54 PM
I just checked your website, everything is okay and good except one thing:
  • Learn the Best Strategies how to maximize your revenues in gambling websites
I read article on your website ans you state that martingale is the best strategy to beat the house once you find the real provably fair casino.
It's totally wrong! Martingale and every strategy is absolutely bad for you. You have to face with luck and strategy can't work againsy luck, especially against math (it's behind every casino product). You can't beat the numbers, you can't calculate 1+1=3 because it's two. Games give casinos a higher advantage of win, so, on long term, casino will definitely profit, it can't happen otherwise.
So, I think you should introduce strategies to people just to know or have imaginary around it, not to make it look like a sure way that can beat the house.
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