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1921  Economy / Gambling discussion / Re: An alternative to gambling with money. on: August 10, 2022, 08:49:48 PM
With the application of fake gamblers it will be even more intense to gamble for real. The initial goal was to overcome the use of real money. this is the same as a gambling demo because it uses fake money or fake balances that can be reset and added. for those who do gamble for the purpose of profit, gambling games with real money will be an option.
Gambling using fake money will have no responsibility in every betting session because the fake money that is bet can be added again and refilled, I think playing in fake money mode will not meet real players at the betting table, but we bet with bots and play the game so boring that it wastes time and energy.
Would be totally different because you would really be that confident on playing because you know that you cant lose something even if you do play hardcore and this would
really be resulting on betting which do likes there's no tomorrow because you do know in your mind that you wont be losing nothing unlike when you are playing with real funds which
you would really be that careful on every bet you do make and also you would be that serious since you know that you are dealing with real money which you dont like to lose
but instead you could feel the thrill and excitement whenever you do make out bets unlike on playing with non real funds.
1922  Economy / Trading Discussion / Re: How do I not lose money in trading cryptocurrency? on: August 09, 2022, 11:40:19 PM
There is no way to avoid loss in the trading. Sometimes you have to lose your capital here. It is not possible to get profit always. But we indeed have to know the right time when we should buy and withdraw our money to get a profit. There is another strategy that we should remember that it is not the right decision to make a huge profit from a single trade.

The possibility of losing in trading is very high but we could lessen it if we're fully equipped with knowledge about trading. Trading will always have the risk of losing but if we know how to deal with the volatility of the market, we could buy and sell at the right time with perfect timing. We only have to choose a potential coin and have the right mindset as we do trading. Greed and temptations could always be around us but if we have set a target goal, we'll have a guide to follow.
Trading losses is inevitable and no one should really be thinking that they should make out perfect trades because thats not how reality works because if there are gainers on the other side then it would be understandable that there are losers on the other side and thats how a market works.So instead on making yourself a perfectionist then its better to make yourself be more aware about the risk
and as you do gain experience you could really able to lessen up the risk involved with trading.The main target or goal on this one is you should really make yourself sustainable
and able to survive this unpredictable market.
1923  Economy / Gambling discussion / Re: Gambling Myths that we often hear on: August 09, 2022, 10:44:50 PM
Quote
Myth 3: If You Keep Playing, You Will Eventually Win Your Money Back.
>> Fact: The longer someone remains in active gambling addiction, the greater the losses.
This is what makes gambling business is so profitable due to this kind of behavior of most gamblers or lets say they could really break even if they do tend to play even longer
and this one would even make the situation makes more worst and people should really realize these things but if you are willing to lose all of those amounts you do have or solely
been intended for the use of gambling then it should be find but if you are compromising already your life savings then its a different story.
continuing gambling will never end and will never make us win. Greater loss will coming due this myth, some betting operation keep shilling this quote as if this is real. Longer time we were on table , more money will lose and we will never get our money back. People never know this adduction could make them poor.
not necessarily friends, on the contrary there are those who can survive in gambling, everyone is different in running gambling there are casino games, betting on sports. if you don't want to lose a lot of your money, it's all up to you each with a way of controlling thoughts and emotions. too much to lose will otherwise be chaotic, mentally damaging. everything needs experience so it doesn't happen again
Learning do always comes in the end and this is where we do get experience and if there are things that you havent encountered before then for sure you would really able to experience those outcomes
since you arent aware on what you should gonna do on a particular situation and then in next time then you are full aware and this is where you do make appropriate action since you've been there already.
Gambling in general sense isnt bad but if you are making yourself some bad decisions that would compromise out specially on financial aspect then this is where things go wrong.
1924  Other / Archival / Re: Entrepreneurship or Office job? on: August 09, 2022, 09:52:12 PM
Civil jobs most times don't get increment in salaries. When we talk about entrepreneurship people who render basic services like sales of daily human wants like food and household equipments the are always on demand no matter how inflation keeps rising. I think where entrepreneurs suffers most are services that can be done without. But for civil jobs no matter how one earns it will never be enough because human needs are insatiable and ones wants and needs keeps increasing as the sun keeps rising
There are indeed businesses which could really able to survive and those are essentials and pharmaceutical and other services which is really something mainly needed on daily living which means
that there's always a demand no matter what this is why those business owners do really stick into that since they do know that they could really get income from that even though some of them doesnt
have day jobs but at least they do able to sustain theirselves into that which its a must thing considering that inflation is a big problem and daily living is a challenge.
If you do find yourself having a hard time on making things in order then you should find another source of income.
1925  Economy / Gambling discussion / Re: Gambling Myths that we often hear on: August 09, 2022, 09:10:18 PM
Quote
Myth 3: If You Keep Playing, You Will Eventually Win Your Money Back.
>> Fact: The longer someone remains in active gambling addiction, the greater the losses.
This is what makes gambling business is so profitable due to this kind of behavior of most gamblers or lets say they could really break even if they do tend to play even longer
and this one would even make the situation makes more worst and people should really realize these things but if you are willing to lose all of those amounts you do have or solely
been intended for the use of gambling then it should be find but if you are compromising already your life savings then its a different story.
1926  Bitcoin / Bitcoin Discussion / Re: Are Early Adopters rich? on: August 08, 2022, 11:51:18 PM
This is a dumb question to be honest with you op. The answer is obvious. If they somehow managed to HODL their BTC for a long period of time, they did become crazy rich. If not, they clearly didn't, but profited anyway.

One of the best examples of an early adopter who became rich in this manner is Erik Finman who became a millionaire through some really smart choices.

There are also some early adopters who forgot/lost their stash and recovered it later on which instantly made them rich.
Just some common sense right? If they do able to hold until this moment then they are very rich but if not then move on specially to those who had lost their harddrives and keys which
these people might be banging up their heads on the wall and end up on great frustration and regret that they should have give out importance into those keys or coins that they do have.
Early adopters does really have that opportunity on making themselves rich but if they are only able to hold for long time or even in short but profit is profit, right?
So this kind of question doesnt really need some complicated answers.
1927  Economy / Gambling discussion / Re: An alternative to gambling with money. on: August 08, 2022, 11:31:48 PM
This is not a good idea in my own opinion, it is better to abstain from gambling if you looking for a way to take a break, or minimize loses but to some point gambling with fake money does not help the gamblers in any way.
In theory this is something that it could work, the issue is that the reality many times differ with what we can expect out of our theories, gambling with play money may seem like a good alternative as you are not spending money when you gamble and it may seem that over the long term you will reduce the amount of money you use to gamble, however most of the time things happen tin the opposite order, people begin to gamble with play money and then after some time they decide to use real money for their bets, so while using play money instead of regular money may seem like a good idea it is nowhere near as practical as it may seem.

Gambling with real money provides a thrill which gambling with fake money cannot provide.
While the motive behind this idea is really good it simply can't workout because of the mere fact that people gamble with real money to have that adrenaline rush which fake money cannot give them.

I live in the community where money is very very hard earned. Lots of people live below the poverty line so they are always struggling to make their ends meet.
So we don't have much left to spend on entertainment. The most - people do is eat out and go to cinema.
We dont gamble and we cannot throw money away life rich people and people living in developed country does.

Since you people can't gamble because of the lack of money, this means that this idea of gambling with fake money suit you the most. If gambling is available to you with fake money, will you people gamble and get some entertainment? Since you will have nothing to lose, you will enjoy gambling the most. However, i wonder what will the gambling casino earn if they allow gambling with fake money:Smiley

Not a good idea to start either, I mean they are doing just fine even without these fake apps with fake amounts of money, and using these kinds of apps will just put fuel in their hidden desires towards where the real gambling is. I understand the motive and what you're trying to say but the solution you're trying to offer will probably destroy their lives if it turns out that they will be curious about gambling.
The more engagement the more you do mold yourself on being an addicted gambler.It true that it doesnt matter whether its a real or fake money it would really be just the same since you are still
playing gambling and if you are really that willing to quit then you shouldnt really make yourself get involved with gambling in the first place. Fake money is not really that recommendable because it cant
really make someone stop gambling because they would really be just rather make use of real money because there's no excitement on playing fake money thats why
its not really that effective if you do really think that this one could fight nor stop nor lessen gambling addiction.
1928  Economy / Trading Discussion / Re: Don't sit on your hands on: August 08, 2022, 10:09:28 PM
Many people are expecting Bitcoin to go down to 10k before they start investing, well not a bad idea but sometimes your expectations might not come true, just because bitcoin was 3700$ in match 2020 doesn't mean we might see 10k per Bitcoin, remember it was because of CoViD that's why BTC plummeted to 3700$, the best strategy is DCAing, 17500$ per BTC weeks ago was a good opportunity honestly, for the short time some said but might be the last for the long term too, instead of guessing and making predictions avoid sitting on your hands and do nothing.
I don't think Bitcoin will ever hit 10k. But currently, Bitcoin is between $22,000 and $23,000.In the meantime came up to 17 thousand dollars. But it did not wait there for a long time and the market went up very quickly.If you want to invest, you must invest with your head and analysis and see a good time, don't rely on your hands all the time.You can never invest on your own hands.
Having our own analysis can help us decide on when is the right timing for us to buy. If you're going to hold for long period, a price decrease even a bit will do since its not for short term investment. The problem for some investors are they're waiting for the real bottom not knowing they already missed the opportunity to buy. On the other side, DCAing is a good strategy so we dont need to concern ourselves for the current price.
Always trust your analysis and just snip out some ideas on others but dont make yourself that relying into others calls and analysis because you would end up on regretting if you do lose a certain
trade just because you've followed on what others said.DCA is good but not all does have the money on doing so thats why whenever they do decide to make a buying decision then they would  really be
that careful on taking such thing because it do cost money but its true that due to hesitance it do really end up on missing out good opportunities to buy cheap but since this market is unpredictable
then having these errors or missed opportunities is really a common thing.
1929  Economy / Gambling discussion / Re: taking out a loan for a sports bet (UPDATE) + fixed match on: August 08, 2022, 08:59:23 PM
Why does someone have to gamble when the funds is not yours? or i mean coming from Loan when there is no complete or assurance even if this is a Fixed matches because the chance of losing is always there and this is why its called gambling.
and also those fixed matches does not comply with legit and fair gaming so better not to support those.
I think sometime we don't even know what is going on with us and we are just running after more and more money.
Taking loans and putting ourself in more trouble. However the loan at this has reached at 33% interest rate and is the highest in the history even then people do take loan and loose them in bets.
 But as expected, most of the gamblers end up losing more and then they get into troubles on how to pay the loan.
This is the point we try to explain OP, risks are there and it can cause very bad consequences if something goes wrong. Imagine taking a loan with a high-interest rate and not being able to pay at the requested time as you made an agreement during the application period, the interest will grow to the moon after a few months and the gambler will only pay an extra interest % without paying a single dime on the main amount. I would never go for this type of deal even if there is a 10% chance to win the Jackpot. Nothing worth ruining your weeks and mood.
When it comes to loan then first thing comes in mind is interest which means as a borrower then it would really be your responsibility on paying it back with interest in due time or specific date.
If you do make yourself get involved with gambling then it doesnt really give assurance for have a winning which you might be thinking on repaying those loans on using gambling activity profits
which is really a very wrong mindset to have.You cant really just having that kind of set-up because we know on how risky gambling is and you are putting yourself into a big trouble
if you do took a loan and repaying with gambling profits because you cant assure whether you would be losing or winning on those bets made.
1930  Economy / Gambling discussion / Re: 🕹️ Esports 🎮 Prediction & Discussion Thread on: August 06, 2022, 08:23:49 PM
Dark Horses of Dota Major : NaVi , EG , Aster , VP

Favorites : PSG.LGD , OG , Fnatic , Liquid

Flukes : Tundra , Soniqs , Boom

Zone grey : Team.Spirit


This is the conclusion I've been up to after first 2 days of Major. Today should be a very good day of Dota 2.
Don't forget about RNG as the dark house of this major. They may have not been in full roster but having a stand-in which is a former TI champion, and that makes them also one of the favorites. Actually, I thought that Boom will be at the top of the first 2 days but it seems that they're not.
They're in full roster with chemistry but despite that, it's really hard to get into those stronger teams but I do consider them as one of the best teams in here.

Boom literally being outplayed by international teams. They are strong on SEA but very week on other region on this major tournament. They are not playing like usual and it seems something is wrong with there team work on all the games they fought since this tournament start.

Ana is very suitable to RNG because he has an experience to play with Chinese teams while Chinese team supports are very versatile and very good on providing space that Ana needs to farm freely. We all know that is good carry if he can have a space to farm safely. Kaka is the real MVP on all of there games.
Yeah, that's the truth about them but I think that they can still adjust on this one and will make it to the next round which is the play offs. As per looking at their standing, they're #4 and that's a good place to be in for the playoffs and far away from being eliminated.
Whilst for RNG, I've watched the game 1 against OG, Ceb vs Ana and OG won the first game. And the standing of RNG is currently 2nd. That's what I'm talking about them.
Not really that enough even Ana did make some stand-in on RNG but it wasnt that much effective just because OG counterpick them and it was really that effective.
Luna + Puck of bzm then you could really tell that mobility is really that good. Plus proper itemization of Amar then it could really make a good counter play.
Now OG gets the game 1 and it was a good call considering that it was good for mid-long game picks.
1931  Economy / Trading Discussion / Re: Trading then switching currencies on: August 05, 2022, 11:51:57 PM
It depends on what asset you want to keep/accumulate as to whether you convert profits back to fiat or keep them in crypto.

Converting profits into fiat/stablecoins can be a good idea to prevent you from risking too much and cashing in your profits while learning to trade (and can also pay higher interest with on the exchange or via an external area such as defi).
True, it does really depends on someones preference and on ways which they do seem to be comfortable because we do have different plans and goals in mind on what we do accumulate.
If ever we dont really like for us to be that avoiding volatility then stablecoins would be the best choice or options for us or even trying to accumulate funds just to be prepared for possible
buying situation or opportunities which you could really able to see along the way. Most of the time people would be accumulating bitcoin as much as they could which is pretty normal or basic
considering on which coin is sitting on the top then its no surprise that this one would be the outmost priority even i could say to myself.
1932  Economy / Economics / Re: Sanction isn't the right option on: August 05, 2022, 08:53:28 PM
The effectiveness of sanctions cannot be seen immediately.

That is what I wanted to point out. Half a year has passed. Those who made sanctions against Russia is now in a worst situation than before sanctions. When then those sanctions would start to give first positive effect on those who nominate them?

Your phrase means that we just need to wait and Russia will start to feel negative impact from sanctions. But Russia isnt sitting still. Who knows what they are doing and developing right now? Lots has moved from Russia, including foreign agents and informers. No we know less what is going on in Russia.
No one really knows yet there were no news or information that surfaced out in talking about on whats happening internally in Russia thats why we cant really make
out presumptions whether they are on the verge of difficulties or simply just laughing and doesnt really care about sanctions and cutting off ties with other countries.
The war isnt over yet and still continuing which does indicate at least that they are holding strong despite of those sanctions or other related things against Russia.
Im not belittling this country but it is really just hard to believe that they could really withstand with this kind of situation.
1933  Economy / Gambling discussion / Re: Government Owned Online Casinos What Do You Think Of Its Potential on: August 04, 2022, 10:56:08 PM
That's how money works, pushing people to greediness and not allowing anyone to compete,

Corruptions is the number one problem, the money that will flow around the business will be influenced by someone who has higher authorities, from that scheme those behind it will also add to the problem, as even in the lower positions corruptions will continue to flow
inside the system.
This is very real, even those in the lowest positions of government will try to make corrupt money from gambling. public trust in the government is already very low, if they manage the gambling business then it will further worsen their image in front of the public.

How could managing a Casino worsen a government's image to the public?  I don't think it happens here in my country since they are able to manage a government-owned casino very well.  Aside from that, they also give licenses to private Casino as long as it has all the requirements and documents needed to operate.
There are a bunch of things but number one that people thinks about it would be corruption, We can't deny that. There are also illegal things that could be involved such as money laundering and it could come to the point that there could be drug deals happening on those casino. There are many things that are happening inside those public/private casino that has ties with government officials. These acts will be imprinted on public minds especially if that casino has an history of it. It could vary depending on your country since not every country citizen has the same level of trust in their government.
We are just too judgmental when it comes to government which i couldnt blame on because most of the illegal and non ethical actions could really be done by those who are in power or in position
which i could'nt blame others views and opinions on various things basing up on what they had seen in the past thats why they would really be definitely be saying things which might be true or not
but most likely when we do talk about government then there's a high probability to be this way.I dont see any potential yet we dont know if those revenue or taxes
would be applied on the right path or way or would be ending up on the same scenario on which it would be corrupted.

Government-owned projects are always riddled with corruption and other irregularities that it has become common knowledge around the world that these guys are just there not to protect the public coffers but to create sub-standard projectes with the money and take some for their own pockets. A lot of countries are like this sadly, so even if a country proposes or pushes to create a casino, people will just oppose it because they know what will happen next. We are so aware of what's happening behind the curtain that we don't fully trust governments on projects like this.
1934  Bitcoin / Bitcoin Discussion / Re: I will Never Fall Again on: August 04, 2022, 09:43:53 PM
It isn't advisable to rely on the opinions and advice of influencers on Youtube simply because they could release false information to deceive their viewers especially if they're advertising or offering a service, project, or product that will benefit them in return. Influencers are just making money regardless of the type of information that they're sharing so we should do our own research instead.
You are not completely right because I think there is some information we can take from their trading knowledge and experience although in the end you will have to do your own research. Not believing 100% is true, but if you don't try to learn from the experiences of others, it's wrong.

You can assume that everything that other people share visually, in writing or otherwise about investing and trading is not good financial advice, but rest assured you can also gain additional knowledge from them especially about new things that you haven't fully heard of and your responsibility is to filter that information properly.
Crypto influencers can sometimes be right or wrong. But the fact that they have gained more knowledge and skills from their different experiences in crypto makes them good influencers in the long run. However, relying in them fully with all our decisions might be risky in the end, that is why aside from their own ideas and opinions, we should also do our own part of research so we can correct if there are mistakes seen from their own shared ideas.
It might work on others but it wont be working for everyone and this is the thing you should have in mind so that you wont really be ending up yourself on being relying into those influencers or any other personality
that you would able to see into this market.It cant really be just that right for you to have those kind of mindset or beliefs. Stick into your own analysis and snip out some parts or ideas from others and try to
make lots of trial and error until you do able to get your own trading style.We do have our own trading styles and decisions that would be made out on the time that we do make trades or investment.
Just dont make yourself that too relying into others analysis since we are just all speculators on this market which means it does have equal chances or odds on hitting the right spot.
1935  Economy / Gambling discussion / Re: Competitive gambler on: August 04, 2022, 08:49:51 PM
That is also the reason why I don't gamble that much in casinos because I already knew that it's not my forte and I'm not really lucky with it as I would be throwing down some money on the drain. I prefer to gamble sports because I can have more chance of winning as I know how the sports works but still won't guarantee a win even if we really analyzed it.
I gamble using sport too, but I do not gamble too much as well, because I know that the more I gamble the more the chance to lose. Gambling using sport is also very risky, just that the matches are not as fast as games like in casinos is the difference but very risky. In-play is also very risky, it makes the match shorter and the unexpected often occur as well especially if gambling more often. Sport betting can be better, there can be analyses but the fact is that it can still bring about money loss, the reason we need to be very careful and mindful of our gambling mindset
Anything is always risky as long as it involves money and gambling activities, whether it is casinos, cards, sports and etc. We just have to pick where we are best at if we decide to gamble some spare money, it doesn't have to mean that we have to gamble every single day and every free time we had but we also have to consider the money we have and how much we could afford to lose.
I just choose sports betting because instead of watching and enjoying the game, why not put some bets on it too.

Players are doing stick to the game that they think they are good at and win already because it is part of their beliefs already but some of them try other games and their luck at the same time.  It depends on how you will look at gambling if this is for entertainment like a casual game to seek fun or gambling as serious gameplay that you make a set of goals when to stop either a gambler who is addicted to playing. Before starting to play the gambler must already know the risk and not all the time it gives a good outcome in the game, so they must afford to lose what they wage.
Doesnt matter on what kind of game your are tending to engage on yet it would still share on the same principle that you must have that kind of mindset which you should play on things on where you do know that you
could really be having the edge off but we know that losing is inevitable because gambling is pure luck and there's no way that you could really ensure winning but if we do talk about strategic based
games or gambling then we might have some chance on taking advantage at least but it do still talks about chances which cant really be assured when you do play gambling.
Play accordingly into your interest and dont be greedy just like  that.
1936  Economy / Trading Discussion / Re: Don't sit on your hands on: August 04, 2022, 08:21:49 PM
In covid-19,  btc price is very low like 3500$ dollar only. That was the biggest Opportunity if anyone would buy btc, he/she is now a reach person. That time I save few other coins which are very helpful now to me. Again, when the btc price was under 19k/20k dollars, I also bought few coins for the long term.
It's a good thing to say this in the long term because it's a good money thing to do.
Currently the market is not too erratic so decide correctly so you don't regret it later.
Installment from now is not too bad especially for the price although there are some possibilities that will definitely happen and the worst possibility is to go down again deeper.
Whenever the market do make out sideways movement then it would normally be creating that kind of anxiety and doubts or lessening out confidence on making further step whether you should hold a bit or would completely accumulate on gradually because there's no way that we could really able to tell on what are the things that would happen ahead and this is where things to be decided and the ones who do make
profits are the ones who do make out some decision on market conditions like this.It wont be that simple but its not something impossible for you to place yourself into the possible bottom.
Act if you do love to see some outcome in the future and dont just simply talk without taking such step or doing something because it would really be pointless.
1937  Economy / Gambling discussion / Re: Rise of Streamers in Online Gambling on: August 03, 2022, 11:59:22 PM
Yeah, streamers playing on casino accounts and might have a fixed game to show users watching the stream know what happened when they win, the thrill behind it. Full of manipulate so I have a very bad view of any casino being advertised by streamers.
If they advertise it, the obvious is there and they're doing it for the sake of the payment that they've got to introduce and give exposure to that casino.
You'll see them telling that they're encouraging people to gamble there because that's how it should work because that's the main reason on why they get paid and why they're playing there.
Typical job right? Its normal that they would really be doing things on whats been asked and mandated and as showing off their good performance or results then they would be trying out their best on hooking up new

players to the platform or site and does really make that payment to be worth and this is also some good portfolio building too which would really be helpful for their future projects to get if they do have
that good record and recommendations.

The only thing here is that people should be wise and be wary of their decisions that had been made.

Streamers also want to make money and they are there to create contents for their own benefits so don't get surprised about them hyping up a several casino since they are paid to do that. And lets do our own diligence to research what they are talking about or the content showed to us since at the end of the day its up for us to try what they are doing then test our luck playing on casino they recommend.
We should not make ourselves to be easily get fooled specially if the streamer do keeps winning on playing those games which you cant assure if those are valid or legit wins or something
rigged or fixed thats why if you've decided to make out some deposits then you should really be that making further research about a casino and not just hastily make some deposits
without having in depth research.
1938  Bitcoin / Bitcoin Discussion / Re: Borrow fiat with your Bitcoin and never sell on: August 03, 2022, 10:54:09 PM
This is viable if you have other source of income that can support to pay your debt whatever is the market's situation. But I won't do this strategy and I know how it feels hard to sell your bitcoin when you're in need.

Yet, borrowing and using your bitcoin as collateral or you're asking for a loan so that you'll save your bitcoin is going to add your responsibility because of the interest that you'll get.

On the otherhand, it's okay to sell and have it saved on a stablecoin and wait until the price drops so you can buy again.

whatever the OP is planning here, as you have suggested, much better if the OP has other means so in case of need, he can use it and not touch his satoshis. hard to get a loan and if you are just relying on this as source of funds, more then likely you will be on tight budget and sell it at a loss. this is why it is not a smart move if you are just having your satoshis and no other source of funds to take care of your other expenses.
Many experiences have we heard that this won't end up better.

It seems a sound plan to execute but when he's on the actual thing, he'll surely meet those problems that he didn't anticipated when he was planning to do this.

All things are easy to think of when it's come to borrowing and buying bitcoin but these two are not that really a good combination to be done.
Borrow only when you are in need or emergencies but of course you should really be that mindful and realize or do make out questions for yourself if you could able to pay those borrowed amounts
that you have done on due time? If not then never ever consider this option as this would really create bigger problems in the future.If you are investing with bitcoin then invest on something
which you can afford to lose and as much as possible never ever consider on taking up some loan as this would really be creating huge problem instead on making profits.
Make use of fiat on daily transactions and invest on bitcoin and hold for long  term on extra money that you do have.
1939  Economy / Gambling discussion / Re: Government Owned Online Casinos What Do You Think Of Its Potential on: August 03, 2022, 09:59:29 PM
this situation no doubt will happen if their politicians are corrupt. they will act according to their personal interest. they will stop others to operate the same business as it will be looked at as competitors. corruption has the same face all over the world, so no matter where you are, you will see the same scenario if politicians are allowed to handle gambling business.
Well, that's for real and we can see those authorities taking advantage of their power while they're sitting on the government. If there's a threat to the business, they would try to eliminate it by doing sanctions or rules that will surely remove the competitor.
Whether it's the government or the private sector, that's how the corrupt officials think. They're not like the real government that should be there just to govern things and sees that everything is running smoothly.
we know that every corners of the world does have different ways on how they do govern their vicinity whether they are honest or corrupted ones thats why we cant really that tell on how it would be ending up.
government owned casinos will surely be raising up some questions but as long the revenue or taxes will be put up on the right use but if not then it would be that having an issue.
Doesnt matter if its government owned or not then it wont really be an issue .Potential would always vary on the demand of the community itself.
1940  Economy / Trading Discussion / Re: Prompt safe staking with good APY on: August 03, 2022, 08:46:15 PM
The Waves.Exchange cryptocurrency exchange offers quite high interest rates for the liquidity pool and staking. A lower APY, but correspondingly less risky placement of your funds, is offered by Binance. You should do your own research to choose a platform, as it is your money and you should be responsible for the decision yourself.

These figures are created as a promotion. In fact, the exchange may not plan to pay as much as they indicate. But they need liquidity, they need the growth of participants in the pool, so they show what investors want to see. Delicious percentages. After you have already brought money there, you can forget about promises and beautiful numbers. Rates from fixed turn into floating, the percentage is constantly decreasing. Therefore, for example, 25% at the beginning easily turns into 5.67% at the end. Staking cannot be done on exchanges, under any circumstances, this is a big risk, first of all, the risk of being deceived. It is always better to try to choose pools on the DEX and with a moderate percentage. In the industry, you will rarely be consistently paid more than 7% APY. This is the real APY, not the bullshit that the exchanges are trying to attract with in the beginning.
Lets look into this one.
https://www.binance.com/en/support/announcement/b3260b16e1f2407a8848043a22275044

Offering around 36.79% APY which it is really something that would make you boil and to be interested with those percentages.
We know Binance reputation and if changes comes then we do know on whats next.  Cheesy
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