Bitcoin Forum
May 02, 2024, 06:52:37 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 [53] 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 ... 340 »
1041  Economy / Gambling discussion / Re: Do You Think Casinos Should Do Survey From Time To Time To Assess You. on: May 21, 2023, 07:21:55 AM

Do you think casinos should implement a survey assessment from time to time to assess gamblers if they are comfortable spending more and if they are using VPN all the time even if they allow the use of VPN.
 

A survey is a good tool for companies to try and find out if the customers are happy with the current form of their products, or if there can be made improvements to increase the satisfaction from adding new features, or changing older less used features. A casino is not different from any other company and should try to get a feeling what most gamblers are looking for. So far I haven't come across many websites asking me to fill out a survey. There are multiple benefits from a survey, the casino can categorise it's gamblers according to their preferences and if gamblers change their behaviour completely to their initial intentions the casinos could contact them and maybe prevent gambling addictions in the future. It also helps the casino to identify what current issues the gamblers might have and if they can be resolved quickly. But maybe here on the forum it might be a better place for casinos to interact with their customers instead of a survey, because a survey is usually a one way for the customer to give information and it's not a dialog. 
1042  Economy / Economics / Re: Bank loans and securities. on: May 21, 2023, 06:33:33 AM
Banks can not loan you above their security measures. I went to bank to access a loan of $2,300 and they ask me what's my securities collateral to back up my loan reguest. And I said my school certs. The bank agent said such amount required housing, land or multi investment documents not just certification. So that's mean education do not have the real value but properties does.

Financial institutions are very conical in dealings with others. They can beg to bring money for them to use it and build estates, mortgage and occupy landed properties but they will screw you before given you a loan.

I don't fully understand, you tried to get a loan against your college education certificates? These are no real assets and I don't think any bank would consider them a security. The value in education is that we can get better jobs later and earn more money. So the real assets are your future salary. If you are already working then it should be no problem to obtain a loan against your monthly salary. Make sure to ask for a consumer loan that should be sufficient for 2,300 USD and show them your monthly paycheck from your employer. For such a small amount it seems crazy to ask for a property as collateral, because all the fees involved and notary cost to put the bank down as beneficiary will cost more than the whole loan itself. Maybe you should consider switching the bank to one that is more focused on consumers.
1043  Economy / Gambling discussion / Re: Advice when you are going a bit far in gaming and betting on: May 20, 2023, 01:56:20 PM
From my experience, one of the best pieces of advice is never to gamble alone or invite your friend to sit beside or someone you trust to accompany you while gambling or go to a friend's house when you want to gamble.
Because every time you gamble at home, sometimes when you lose in a row, it makes people forget their first commitment, and emotions can beat even though they have planned a budget, but when someone's emotions go out of control.
So if we gamble when we have friends beside us, someone will advise us to stop gambling for a while after losing a few times.

I agree with you when it comes to visiting physical casinos. So far I have never visited the casino near my home town alone, always bringing at least one friend with me. It's not only about having someone to keep an eye on me, but also makes the whole trip much more fun. Visiting a physical casino is all about entertainment and having a fun night out with friends. Going alone feels more about trying to make a profit and it's probably harder to decide when to leave. An important rule for me and my friends when visiting a casino is to not bring the credit card and stick to cash only, like that you limit your losses. As for online casino it's a different story, here I always gamble alone as it would be a bit wierd to ask my friend to come over and supervise me. It's all about having a strict bankroll management and make fixed limits to not gamble with all our money at once. Having predetermined rules helped me a lot in the past to not lose too much money.
1044  Economy / Trading Discussion / Re: Investing and trading in crypto: can make you or mar you. on: May 20, 2023, 07:15:05 AM
Before you get to invest in crypto or bitcoin endeavor to know about the basics so you don't end up taking wrong investment decisions about it, so you don't send the wrong message or signal to people out there that are yet to know and partake in the industry.  Just like one of the photos I put up a alleging how "crypto is a biggest lie", and bitcoin isn't excluded in this statement either.

Funny memes, had a good laugh even though I don't find them really accurate. The main recommendation I can give any new person that would like to start with crypto currencies is to focus on well established coins like Bitcoins or Ethereum. The chance of losing money in high risk alt coins is much higher than when buying the top crypto currencies out there. When buying Bitcoin there is no real risk of losing our money long term, because we can always sit out a short term price drop and wait for the price to recover. If you don't invest your money you will lose all it's value over time to inflation, we can't leave our money as cash in our bank account forever. Investing in crypto currencies is a great alternative to all the traditional asset classes. Which doesn’t mean that we should put all our money into cryptos. The best thing we can do is owning a well diversified portfolio that holds a lot of different positions, so whenever there is a crisis we will have some assets that perform poorly and others that perform strongly. As with any other financial asset, it is best to prepare ourseves that we won’t be getting rich overnight, it involves a lot of work and dedication.
1045  Economy / Gambling discussion / Re: Are there play and pay later casinos? on: May 20, 2023, 07:04:45 AM
So is gambling debt one way or other possible without the person taking loan or borrowing money?

This doesn't seem to be the best business model when it comes to gambling in my opinion. From my personal experience I never met a casino that offered me to play first and pay later. The main issue I see here is that how can the casino know that you are good for the money they lend you? Especially online casinos people could just take advantage of the borrowed money, try to make a profit from it and if they lose it all just disappear. It would take a long time for the casino, to go to a local judge and try to get your money back. And in case you are already broke before gambling the casino might never get their money back. From what I heard is that people who use borrowed money usually get it from different sources and not the casino itself. Still the idea to ask my friends and family for money that I would use for gambling is not acceptable. One of my main rules for gambling is to only use money that is my own and that I can afford to lose. Another thing for the casino is that if they only ask for money later from the gamblers they could get into difficulties when a large number of people want to withdraw their funds. The play and pay later option is probably only for the regular customers that are known personally by the casino.
1046  Economy / Gambling discussion / Re: 🕹️ Esports 🎮 Prediction & Discussion Thread on: May 20, 2023, 06:49:05 AM
The Semi Finals of the Blast.tv Paris Major 2023 are happening today and the Grand Final will be played tomorrow. The tournament passed by quite quickly as I didn't have much time to watch all of the games the last week. With only 3 matches left I definitely want to bet on them. With Heroic and Vitality reaching the semis it wasn't a big surprise, the two teams faced each other in the last  big tournament and are ranked 1st and 2nd strongest team in the world. The big surprise was rather to see Apeks and GamerLegion to reach the Semis. The first match will be Heroic vs GamerLegion and should be won easily by Heroic, they won all the matches this tournament and should have no issue reaching the Grand Final. The same goes for the Vitality vs Apeks match, Vitality won all their matches and is the much stronger team. I am sure we are going to see a remake of the IEM Rio Finals with Heroic facing Vitality. Which is going to be an exciting match that will be quite close, but I think that Vitality is going to prevail a second time over Heroic and remain #1 team in CSGO.
1047  Bitcoin / Bitcoin Discussion / Re: Bitcoin IS an asset. Do you think it's bad? on: May 20, 2023, 06:38:02 AM
What do you guys think about that? Do you think it's okay that we as a community treat Bitcoin as an asset and not as a technology that should be used to give people freedom from the banks?

Personally, I think that Bitcoin is a great asset, but it's strange to think that crypto just becomes a new stock market where people follow hype and money, and not technology and progress.

As long as there is value in crypto currencies they are assets and not only technology. The technology behind cryptos is what lead to them become assets in the first place. One Bitcoin is limited in supply and you know exactly how much you own in your wallet and that there can't be millions more discovered overnight, that is why it's an asset. People are willing to pay fiat money for it as they see the long term value behind it. Everything that can be traded freely on an exchange by millions of people can be affected by a hype, which shouldn’t be a big concerned for the long term investor. We all know that crypto currencies like most other assets move in cycles, which also means that a hype is not going to be permanent and will eventually be reverted. The best thing we as investors can do is not focus on the short term price swings and stick to the long term positive trend.
1048  Economy / Economics / Re: What is the difference between banks and big whales in crypto? on: May 20, 2023, 06:24:02 AM
Banks are earning big profit from our deposits, they earn bigger than the interest that we get from our deposit because they put a bigger interest rate through thier borrower's or lenders, i think bank is not too far from big whales in crypto they buy or collect coins in dip and they sell in bull and they earn bigger from the holders that sell at loss  they are almost the same or what? What dou you think?

I don't agree with you that banks in fiat money are the same as big whales in the cryptos community. First of all, the banks actually hold all our money compared to the whales that don't have any access to our coins. If a bank goes bankrupt and the government wouldn't bail out the bank than all our money would be lost. The second big difference is that banks need our money to make a profit. Without deposits the bank would have no capital to give out as loans and couldn't pay their employees. That is why the banks compete against each other with offering higher interest rates on the savings account. Such a business has nothing to do with whales in the crypto community. The whales own a lot of coins, but they are all their own coins and they are not collecting more coins from customers to pay them periodical interest. In terms of power it might be the case that whales, similiar to the big banks can influence prices in their favour, but these manipulations are usually just short term. One bank or one whale alone doesn’t have enough capital to influence the market for a long period of time.
1049  Economy / Trading Discussion / Re: The reason of why Bitcoin is good for trading (for me) on: May 20, 2023, 06:03:32 AM
I only use BTC/USDT pair because USDT make me easier to determine how much my coins worth after trade and most liquid stable coin, the reason why I choose BTC is I don't need to worry about it when my trading goes wrong. So if I bought Bitcoin at the peak and the price keep decreasing, I will not sell it, but I will wait for the next super cycle where Bitcoin usually break new ATH.

As a beginner it's a good idea to focus on one coin and learn as much as possible before moving into other markets. Bitcoin was also my first coin I started trading with, but I used to trade against fiat money not USDT. Using stable coin as a means to save profits is a great idea. The main advantage of trading well established coins like bitcoins is that we are not forced to sell our coins if things go bad. The bitcoin price tends to move in cycles and if we bought at the right time we can always wait out for the prices to recover again. That's also why I would never use a loan for trading, in case we need to make periodically interest payments we would be forced to sell our positions at unfavorable prices. Trading bitcoin is a good market for beginners to make their first experiences with limited downside risk.

1050  Economy / Gambling / Re: Gambling is a choice. on: May 17, 2023, 06:09:51 AM
My thoughts, is this how we often feel when we lose out on a bet??
Do you wish the site can refund your money??

Gambling should be your choice, you shouldn't let anyone compel or persuade you into it.


Of course gambling is our own choice and we should not be forced by anybody into it. In my country public gambling by unlicensed individuals is not allowed and the police will arrest you very quickly. I have seen such games in the past while on vacation, but always asked myself why would anybody gamble in such a setting? You are obviously getting scammed by some shady people and you should know better than to trust them. Why not gamble in a casino instead where you know at least that the games are fair and not rigged? I am sorry for the woman to lose it all, this was a valuable lesson and she is never going to fall for it again. Why should a casino refund your money? It's part of the game that there are winners and losers. Just because we lose one time doesn't mean we can get a refund. Because then the casino could also ask for a refund if we are winning the jackpot and they have to pay us the big money.
1051  Economy / Gambling discussion / Re: Things that still make feel awkward with some online casinos on: May 16, 2023, 01:56:23 PM
Why are some online gambling platforms having high withdrawal fee? I know Bitcoin recently has a high transaction fee but that's no more right now, some online casinos are still asking for 5$ per transaction when it should be 1$ or less.

Not just only Bitcoin withdrawal, even coins with very low transaction fee, isn't this robbery? If you just signed up on a centralized exchange, you can pretend as if you want to withdraw, to know how much the gas fee costs, but on online casino, you will see this only after you have enough wins or funds for withdrawal.

It's true that withdrawal fees are quite high at casinos, that's probably their strategy go try and convince gamblers to leave their money at the casino and not withdraw immediately after a win. To me it doesn't feel like robbery because the casino also needs some support staff to verify withdrawal request. As long as we know about the high fees before hand there is not an issue as we can factor it in. I still don't feel comfortable of leaving large sums of money at the casino and will rather take it out even with a high withdraw fee. When signing up at a new casino I think it's possible to check out the withdrawal process and it also depends on the type of transaction we choose. I noticed that it's usually the cheapest to withdraw our money in the same way we deposit it.
1052  Economy / Gambling / Re: Is this considered a safe practice on: May 16, 2023, 01:02:23 PM
Is it safe or dumb to use your Credit card for online gambling because of free bonus rewards on signup and initial 3 months purchase? Will you take such risks with your card for such rewards? A friend informed me that some casinos gives better reward if you have a credit card with high credit score at around 800, he mentioned how he make 200$ from Freedom Flex after using over 600$. He also mentioned other like capital one

What are the disadvantages of using a credit card on online casinos? Any? Would you dare do such to earn more money?

So far I haven't heard that credit cards are getting better bonuses than all the other methods to deposit money at a casino. And what role does the credit score plays in there? You always have to deposit the money up front before gambling, so our credit shouldn't really be a concern for the casino. Personally I rarely use my credit card and would prefer to not use it, but if the bonus is higher with it I would use. It's not like there is any risk involved with our credit card. All the major credit card companies have insurance against fraud, in case a third party would get access to our credit card details. Still casinos shouldn't discriminate against one type of payment, and should offer the same bonuses if you use crypto or fiat money.
1053  Economy / Gambling / Re: Researching for Upcoming Game on: May 16, 2023, 06:17:21 AM

For this reason, if people can visit this forum regularly, they can find many things related to crypto, not only gambling, and it will open their eyes to gain a lot of knowledge about crypto. But sadly, there are still people looking for casinos who experience scams perpetrated by casinos and end up complaining in this forum. Those of us here who don't know much about the casino can't help them either because the casino has no representation in this forum. Scams will always occur depending on how they can protect themselves while gambling at one or several casinos.

At this time in life it is imperative that people quickly look for information of all kinds,forums like bitcointalk are what normally give very Specific information to be able to do anything safely,the Community has experience in gambling and they have players who are whales,in addition the have verified everything in the casinos and can do many things that a Player has not done, that is why it is so important to review which casinos are the most Reliable in the forum,in this sense it could be said that we can differ from other casinos thanks to the reputation that bitcointalk has.


Over the years there has been so much accumulated information of gambling related topics here on the forum that it becomes hard for any new user to go through it and identify any important points. For a new casino that looks at creating new games or implementing new features, this forum is great start to get a feel for what regular crypto casino customers are looking for. The problem is that we don't have a lot of ranking on the topics, maybe ChatGPT can offer some solutions here in the future. If we could summarise all the past threads and topics of what people are looking for in new casino games, then there could be some ranking based on the number of times it's been mentioned here. The same goes for reputations of casinos, there has been so much information here on the forum about good and bad casinos. We would just need a tool that summarises all the information into one place and gives some weight to every claim.
1054  Economy / Gambling discussion / Re: Some needed features of an online casino. on: May 15, 2023, 01:18:34 PM
1. They can use more secured ways to identify the real identity of their customer, the best thing to do here, aside from valid ID is they should add "take a selfie" on identity process.
2. They can also set a time limit of playing for a player, give notification if this would be their last game anymore for today.
3. Set a notification showing how long they've been playing.

With these kind of features, they might actually help or lessen the addiction of a gambler.

I noticed that some casinos already have notifications in place that show if I played for more than an hour. That's a good thing in my opinion because time can fly fast during a gambling session and we don't want to feel bad if the whole evening is gone. Would be nice if all casinos would adopt such a statem. As for setting a fixed time limit on our ourselves on how long we want to gamble, it's a bit difficult because we would be logged out in the middle of a session if our time is up. Let's say you are running a martingale strategy and have quite a few losses in a row, you need only one win to recover everything. But if you get forced to log out by the system you would be stuck with a big loss. Having a panic button is a good compromise, with it we can log ourselves out for 24 hours up to 1 month whenever we need. Also I would prefer to not send selfies to a casino, is it really needed?
1055  Bitcoin / Bitcoin Discussion / Re: When Bitcoin will become stable currency? on: May 15, 2023, 08:47:10 AM
Why do you guys think Bitcoin will really become the "money of the future" and people will actually use it like one?
From what I see, I think it's possible that people in the future will still trade bitcoin or try to buy as much of it as possible to manipulate the market.

First of all I don't think that currency manipulation is anything new that happens to bitcoins. In the past all major currency have been focused by traders to get manipulated, some even successfully like George Soros and the British Pound. As long as a currency is free and independent there is nothing we can do against. Usually these manipulation are short term and will eventually be corrected by the market. In my opinion bitcoin is the money of the future because it can be accessed by anybody around the world as long as he has internet. There is no need for banks to share the same network, or for people to know each other. All the transactions can be done freely and independent of governments and corporations. This is the main advantage, which also makes many politicians oppose the idea of bitcoin becoming the number one currency. All governments could unite as they fear to lose the power over the monetary policies in their countries.
1056  Economy / Gambling discussion / Re: Do you blame someone for your gambling losses? on: May 14, 2023, 02:22:33 PM
Only if there is actually a technical problem where I gamble. DO not go around and say that gambling is your fault and losing is your fault all the time. Obviously if you gamble properly and nothing is wrong and you lose that means there is nobody else to blame and I agree to that.

However, I have been gambling in crypto world ever since first satoshi dice that was on-chain happened, so I have been here for 10 years and I have seen technical issues before as well. There are situations where you are not going to end up with anything decent if you keep gambling that way. I know that not a lot of people ended up with anything decent on the long run, but that doesn't mean that I have to actually trust the systems neither, just make sure all technical aspects are correct.


I agree with you, it makes no sense to go and look around for who to blame our gambling losses on. After a big loss it's hard to keep our emotions in check, but it won't do us any good if we blame the casino or ourselves for it. In the end it was our own decision that lead to our losses, which doesn't mean it was wrong decisions. Gambling is a game of chance that involves a lot of randomness, we can't avoid losses forever the longer we play. In my opinion it's best to accept losses as inevitable part of the game and shouldn't be blamed on one person or decision. It helps to ask ourselves what good does it to blame someone for our loss. It's not like we are getting our money back from it. We also shouldn't start lying to ourselves, accepting the truth and reality will help us the most longterm.
1057  Economy / Trading Discussion / Re: My trading constitution. on: May 14, 2023, 02:03:40 PM

- you can't win without a profitable trading system.


That's an interesting point, but how do we get a profitable trading system in the first place? I agree with you that it makes sense to create a trading system around our profitable trading ideas. Probably most beginners have the same problem to find trades that will make money consistently. Doing research and using technical analysis is a great way to find such trades. But it also requires a lot of testing to see if our trading system is correct. Just because we make money during a few weeks doesn't mean that our trading system is profitable long term. For example, if the general crypto market moves into our favor it will likely rise all our positions, even if we didn't pick the best coins. A constant form of oversight and testing can protect us from losses, I wouldn't trust a trading system blindly just because it was right in the past. 
1058  Bitcoin / Bitcoin Discussion / Re: How much does Bitcoin affect other cryptocurrency? on: May 14, 2023, 01:41:37 PM
Are cryptocurrency holding each other hand in hand in someway or are they independent. It seems that they share something with each other that I don´t know anything about.


I don't think that crypto markets are independent, there is definitely a high correlation between bitcoin and all the other crypto coins. The only difference I would say is that bitcoins are the driving force here. On one side you have bitcoin and maybe Ethereum and on the other side all the alt coins. A big shift in the alt coin market will lead to a price change of BTC and ETH, and vice versa. The connection that all these crypto coins share are the same type of investors. Someone who holds alt coins is very likely to hold bitcoins as well. And when the investors start selling one coin there is a high chance they will sell their other coins as well. For most investors crypto currencies is only a part of their portfolio and there is always reshuffling going on depending on the news and future outlooks.
1059  Economy / Gambling / Re: Without money, does it still qualify as gambling? on: May 14, 2023, 01:22:09 PM
Something could only be considered gambling if an equal or a placeholder of a value is put at stake in exchange of something with a higher valuation as a form of reward. With these Siperpicks as uou put it, that’s not really the case considering you don’t really put anything up in line, not even a single penny. And I’m quite interested to know how their whole business model looks too, because there’s no way in hell they’re anlento pay customers and winners like that without getting the money from somewhere, unless this is a money laundering scheme meant to ensure that those money are cleaned and not put into his name, quite possibly be put into the care of specific winners of whom the funder have connections with. I might just be spitballing here but there’s more to how these people could reward their players, and beyond the whole premise of a “betless” gamble, I think the manner at which they get the momey is much more important.

Just because we don't have to spend any money doesn't mean it's not gambling. In my opinion it's the games itself that qualify for being gambling or just games and sports. For example if a casino offers us free spins, or a bookmaker offers us free bets, wouldn't you call it gambling then? We can still win money from it, only it's free because of a promotion. The casino will try to get customers interested in their games and once the free games run out they will have to pay for it. I would rather describe anything that involves chance and randomness that leads to a profit as gambling. Also the casino have other sources of revenue like advertising to make a profit and let the gamblers play for free some minor games. With revenues the casino can't exist, but they also need to attract new customers on a regular basis to offset any regular gamblers leaving the casino.
1060  Economy / Economics / Re: Why is money ruling the world? on: May 14, 2023, 09:25:45 AM
At first I thought is power than anything, later on I said it's should be economic resources, then I realizes is money. I will give a brief poem here! The breeze blew and stake moistures and when it blew hales, it was just the breeze moving while the moistures is running away with fears.

Power depends on money, because if we don't have any money than we also don't have any power. In only rare cases power doesn't come through money. A boss is powerful because he pays the wages of his employees, a politician is powerful because he can changes the law, but to get into power the politician needs a lot of money to secure the votes. Only in the church money is not a guarantee for power, there the people believe in something bigger. With economic resources I wouldn't trust in them either, because the prices are changing rapidly. If there is too much of one resource, the price is going to fall and we won't have any money or power left. So if we could choose between, resources, power and money, I would always go with the money. As it's the one thing that kept the world going for hundreds of years. If you look back at history, it was not the Kings that had all the power, but rather the big corporations behind the Kings that enabled them to stay in power and fight their wars.  
Pages: « 1 ... 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 [53] 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 ... 340 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!