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21  Economy / Gambling discussion / Re: The Gambler's Fallacy (The key to unbiased gambling) on: July 29, 2019, 11:49:21 PM
One more time, you're not talking about gambling and how we play dice game in reality but about scholar mathematics. I'm sorry but I'm not here to help you to improve your gambling posts for your signature campaign, you make me wasting my time. If you don't care about gambling you're just spamming, so stop quoting me, thank you. 

For the sake of the thread, I am going to point out a few issues with your argument. You are not the only one who has fallen victim to these fallacies, but I feel I need to address them now to also help others:


Quote
If you don't care about gambling you're just spamming, so stop quoting me, thank you.

The Appeal to Privacy: "The contemporary fallacy of arbitrarily prohibiting or terminating any discussion of one's own standpoints or behavior, no matter how absurd, dangerous, evil or offensive, by drawing a phony curtain of privacy around oneself and one's actions."[1]



Quote
One more time, you're not talking about gambling and how we play dice game in reality but about scholar mathematics.

The Plain Truth Fallacy: "A fallacy of logos favoring familiar, singular, summarized or easily comprehensible data, examples, explanations and evidence over those that are more complex and unfamiliar but much closer to the truth."[1]

The Simpleton's Fallacy: "I may be a poor, naive simpleton but I'm not quite sure what that fine and fancy lawyer-talk means in plain English."[1]



[1]: http://utminers.utep.edu/omwilliamson/ENGL1311/fallacies.html
22  Other / Meta / Re: Users that you should merit on: July 29, 2019, 11:26:42 PM
Code:
1) Users who earned more than 74 merits but you never merited them.

You just had to make it 74 Sad

Edit:

Ayy I made it Smiley
23  Other / Beginners & Help / Re: cheapest place to buy crypto for fiat without kyc? on: July 24, 2019, 11:20:09 PM
So technically you're not interested in what we have to offer in regard to your question been answered, The main aim behind this topic is to promote localethereum. Isn't that right? lol. Topic looks more of an advert to me than a genuine question.

Yea this is 100% an ad. A site involving fiat without kyc? That sounds like a completely legit and law abiding exchange to me. This sounds exactly like a Reddit advertisement to me, OP doesn't seem to realize this isn't Reddit and people call this shit out.

"Hey I just bought a burger at McDonald's for 2 cents!"

"Cool, no one cares"

"Hey do you know where I can get a burger at a better deal?"

24  Economy / Trading Discussion / Re: How to Prevent been a crypto addict. on: July 24, 2019, 10:19:07 PM
Yea, a lot of people deal with this, it's day-trading. Everyone has FOMO fever and feels like every second they aren't doing something they are losing money. When in the end, the sheer volume of trading is what is limiting them from having an actual life or making any real money. Day-trading is never an efficient strategy, no matter how you look at it. People need to wake up and realize that.
25  Other / Off-topic / Re: Area 51 on: July 24, 2019, 10:16:54 PM
It's probably a classic "smoke screen" and nothings there.  Have the people look here, while we really hide everything elsewhere...

Exactly, such a common and sadly effective strategy the government uses. It's silly how much people care about one stupid thing just because it's "secret" while great crimes are being pulled right in front of our eyes. One sees only what one is willing to see.
26  Bitcoin / Bitcoin Discussion / Re: Provably Clean Money on: July 24, 2019, 10:15:23 PM
I don't know why everyone is so paranoid about Bitcoin being used for money laundering, like yes: it happens. But there are a lot more efficient and easier ways to launder money, via existing methods. Plus Bitcoin is just a hassle and fluctuates way too much for anyone to want to consistently launder money through.
27  Economy / Economics / Re: Top Three Emotions to Check to Succeed! on: July 24, 2019, 10:13:33 PM
"There are many things that we would throw away if we were not afraid that others might pick them up." - Oscar Wilde

Point: Don't give into peer pressure or let people force you into doing things you normally wouldn't. Free yourself.
28  Other / Serious discussion / Re: Who Controls your Crypto Funds after Death? on: July 24, 2019, 10:09:21 PM
Reminds me of that story about the owner of a crypto exchange who had a sudden heart attack. Unfortunately, the circumstances being so unexpected, he had never had a backup plan for his death. I don't think they were every able to access the hundreds of millions of dollars locked behind his password protected account. But that's the risk that comes with complete sovereignty, you have COMPLETE control. That's obviously dependent on you being alive, if no one knows how to access your account. Most people I find that have a lot of money in Bitcoin are somewhat paranoid to begin with, decreasing the chances of someone else knowing their keys.
29  Economy / Gambling discussion / Re: The Gambler's Fallacy (The key to unbiased gambling) on: July 24, 2019, 10:05:42 PM
It does not matter the least if you are gambling for fun or pleasure. The end is always a win and a loss and many do prefer and worry about the win. The intensity of winning however is not really high when it comes to someone who is looking for fun. A big number of people do it to make quick money. Uncertainty is an inbuilt trait in gambling and to me, it is a risky investment. 

Yea I feel like a lot of people are just hoping for that extra $50, real quick. Thinking it's only once and that they'll win because they are lucky. In reality gambling isn't an investment, it's a form of entertainment. It's only entertainment if you look at it that way though, otherwise you will end up feeling frustrated and extremely disappointed in yourself. Despite the "only gamble what you are willing to lose" phrase, people still gamble ending up mad because they lost money.
30  Economy / Speculation / Re: Getting ready to buy! on: July 24, 2019, 10:01:53 PM
What do you guys think? Bitcoin at 9400$ right know

Yes lm getting ready ro buy also on my few token this lower price of good roken so that l have savings to hold for the future.This is the only way to give my kids a better future.

Yea honestly, buy now. It may not be the lowest price, but Bitcoin has hung around $9k a bunch of times, meaning that you will have plenty of opportunities to profit.

There is no perfect time, it doesn't really matter what price you buy in at anyway. Does it matter how big the rocket is, as long as it makes it to the moon?
31  Economy / Gambling discussion / Re: Impossibility of a gambling system (Why methods don't work) on: July 24, 2019, 09:59:42 PM
Gamblers had used all sorts of strategies to have an edge of winning many games I can only say its a pure luck thus there is never any working strategy or holy grail however what baffles is the proliferation of gambling sites, casinos on the internet that really shows that more gamblers are getting more interest in gambling of course the possibility of some gamblers earning good profits is certain while a lot of losers will also emerges while some might gamble for fun not minding winning or losing.
I think the idea is to gamble for fun and never thinking of making profit since strategies to breaking the odds never exist. There is no business without a winning strategy and I see no reason why gambling should be an exception if it should be termed a profession. This is really saddening and heart breaking

I made up my mind to stop hoping I would have a breakthrough in gambling after I realized that I have spent over 7BTCs in gambling and yet not been able to make profit of up to 4BTCs. That’s absurd and I really think that these gambling operators are out to rip us off. I am confused at the moment. Should I continue playing for fun while I keep losing or focus on making profit, while I am hopeful for the future or just quit gambling completely? Honestly it is really confusing at the moment.
This is worst gambling. First thing you should need to have is to be able to trace how much have you actually put in the game and how much are you making. It is not rational at all to put in 7Bitcoin in the game and not been able to make 4 Bitcoin even. Better stay limited to your Bitcoins and you will be happy to see the growth in days to come. Hope for Bitcoin halving.

Yikes. Yea a lot of gamblers don't really know (or even want to know) how much they spent overall. I guess they just like to ignore the fact that they've lost a lot of money, because hey: they could win it all back right? Just gotta bet a few hundred more dollars and I'll be in the positive again!
32  Economy / Exchanges / Re: Finally found an exchange that worked for me! on: July 24, 2019, 09:57:32 PM
No offense, this post reminds me a lot about one of those really fake car ads, sorta like "Have a problem with your car! Come down to us, we'll fix it right away, no charge." They do have a really attractive with a lot of too good to be true things. 5$ minimum, no fees? How does the company turn profits then...?

I'm very skeptical about their legitimacy with KYCing though because one would predict that KYC would probably be needed for most verified exchanges, as from personal experience, I've not found a single exchange that has not asked for ID, except with the slight exception that I was allowed to buy 1,000 USD worth of BTC from paxful with no ID. Have you thought about avoiding the red-tape and acquiring bitcoins in a decentralized, p2p method (localbitcoins)?



They had KYC, the difference was that it was fast and simple. No writing shit on a piece of paper or waiting 3 days just to have your stuff denied because there was a bit of glare on the photo. Literally just used my DL and I was able to buy via credit card in 30 seconds with a 5% fee. Idk how they do it, but it's pretty awesome.
33  Other / Beginners & Help / Re: Brutal Truth on: July 24, 2019, 04:31:04 PM
Just on the topic of Authy, I wanted to make a point here:

Authy is great, but if you plan to use your TOTP codes in other places, please consider the absolute PAIN it is to access your own codes. Authy probably does this more as a security measure, but it's seriously annoying.

For example, in my case I use Bitwarden, and wanted to store my TOTP codes in there (for the autofill 2fa, which is super convenient), little did I know though, it's not that simple.

I did find a GitHub page explaining how to extract the "keys" from Authy via Chrome (weird) but the time I tried it, it never worked. It's most likely possible but it's a huge pain and a lot of people don't know about it.

SO don't use Authy if you want access to your TOTP codes, you'll thank me later.
34  Economy / Gambling discussion / Re: Impossibility of a gambling system (Why methods don't work) on: July 24, 2019, 04:26:34 PM
There are so many gamblers around me and I know that when I have the opportunity to chat with all of them they give tactical advice for no reason. In particular, I would like to point out that there is no exact tactic to win, but by chance there is a tactic that contributes to your earning. There is a fact (never forget this fact) that no one will really share with you if they discover a tactic that wins. Man is selfish by nature and always wins a safe in gambling. Therefore, it should be known that a person who discovers a really good method of winnings will never share this method, and there is never a tactic that guarantees a definite win in gambling.

Yea, I find in unfortunate that so many people think this way, because others legitimately believe them. Sometimes it ends up costing people lots of money because they don't realize that they are being tricked. They are kind of stupid, but at least they are not an asshole like the guy selling them the method is. Usually the guys who try to sell this shit are just gambling their earnings away anyway, so I guess it works out...  Grin
35  Economy / Exchanges / Finally found an exchange that worked for me! on: July 24, 2019, 04:23:36 PM
After trying many exchanges and going through countless "KYC" applications, just to be denied, I found the perfect one. I tried all of the ones I knew about:

Kraken: Extensive KYC (relatively fast), hard to deposit

Gemini: Verification was okay, had to send a wire to verify ($30 fee)

Cex.io: Didn't even make it passed the "where do you live?" question (US)

Tried a few others possibly that I don't remember at the moment. Then just out of curiosity I tried "Abra", an app I saw on the App Store when I was messing around. I can't believe how easy it was compared to other exchanges, I was able to purchase Bitcoin (my entire goal) with a credit card in about 10 minutes, THAT's INCLUDING KYC. Absolutely amazed, I thought I would never find a good way. Never heard of Abra, and I don't care, they are so fast. Not trying to shill for referrals or anything, no links here, go look it up yourself. If you are having trouble with other exchanges this might be the right one for you. I live in the US, so YMMV!

36  Bitcoin / Press / Re: [2019-07-22] Robinhood Raises $323 Million From DST, Sequoia, and Ribbit Capital on: July 23, 2019, 03:58:10 PM
Like others have said above: You don't actually buy Bitcoin through Robinhood. It's essentially like buying "stock", however you don't own the Bitcoin nor are you able to send / receive it. You are essentially "shorting" Bitcoin through Robinhood. Honestly I would just suggest staying away from Robinhood, they do a lot of shady things.
37  Economy / Gambling discussion / Re: Impossibility of a gambling system (Why methods don't work) on: July 22, 2019, 09:16:48 PM
Maybe there is a method which can work to defeat the system, but I don't think that every gambler can do that because that will require genius skills. We can only play gambling without having a big chance to win the games, but for sure, we only lose the money at all time. But I am sure that there is a person who can win the game with his luck and that happens only for a few people.

Gambling is gambling. it is impossible for someone to change a destiny in the future except that the game depends on skill. it's totally different from gambling, which relies entirely on luck. if I myself consider gambling the game of mental fighting and guts. and brought with fun not to gettin stress. which I believe there is no method for getting rich through gambling. unless you are the one who runs the gambling business itself.


Well, there is the off-chance that so-called randomly generated results aren't as random as they first appear.

Plenty of people claim to be able to reverse engineer the results-generation algorithm, however, the vast majority are lying scumbags.

They are "random" but the only way you could possibly circumvent the system that current gambling websites use is to crack the hashing algorithm. Usually any big gambling website has a "provably fair" system in which you can verify the results of the dice roll. However, after a lot of these hashing algorithms got cracked, they made them a lot stronger. Basically the good days are over for hash cracking, as people got smart and started using somewhat secure hashing algorithms and not default ones.
38  Economy / Gambling discussion / Re: Impossibility of a gambling system (Why methods don't work) on: July 22, 2019, 04:54:33 PM
I read a thread today that a man won the lottery 12 times and he did so by creating an algorithm and he managed to do it so the system can be beaten but it take a genius to do it.Almost all normal gamblers who know nothing of algorithms they just play their way and although many of them say they know the secret they don't.I agree that everyone should play the way they feel more comfortable playing.Gambling should not be stressful otherwise addiction is right behind the door.

Here we go again! Smiley So, is there a possibility that someone can invent a "winning method" or there is no such possibility? I think it is the latter because no genius can hack math. Read carefully the famous story how MIT students won $8 million in the Massachusetts Lottery, and you'll see that it happened because of the mistake of the organizers, not because of some miraculous(or genius) algorithm. The "mistake" was actually an intentional one, but that's another story. If you haven't read it, it's worth reading.

In short, even if someone had won 12 times in a lottery, he was just lucky and that's it. Don't buy his method, you will not increase your chances of winning by doing so. Don't buy any "winning methods" because they are no better than those you can invent by yourself.

Yea I think people often forget that most of those stories involved some sort of "exploit". They confuse "exploit" and "method" for some reason. I guess some don't realize the difference between the two.

39  Economy / Gambling discussion / Re: Impossibility of a gambling system (Why methods don't work) on: July 22, 2019, 03:44:10 PM
It's a given fact and proven that no method works, you can win once but you cannot win every time, so why not just allocate funds relax and play the game, without forcing yourself to win in every bet, you'll not only going to enjoy it but you will have confidence in your ability to stop when it's time to stop.

That’s right, gambling is set it in a way where no methods or strategies that works and that can secure you a win. Gambling is more on luck and no matter how smart you are in creating a strategy, it won’t work, whether we like it or not, between the gambler and the owner, it’s the owner is the one getting rich while the gambler is becoming broke.
Just come to think literally if there were methods do exist then there would be no gambling sites on the first place yet these things will just bankrupt their business.

Its a total BS for people to think of this possibility yet it isn't possible on the first place but there were fools who do push up beyond on what they are trying to believe on.

Yea this is the "logical" way to think about it. Same as the "too good to be true" mentality. If there was any "easy money", why would anyone work a job? I think it helps to look at it in a different way though, because sometimes people assume that they can "beat" the system, while others can't.

This is true in some scenarios for example, poker, where a lot of people just through away money, while others study and take calculated risks. Poker is a game that applies some skill though, unlike a truly random thing like dice.
40  Bitcoin / Bitcoin Discussion / Re: What do you think about the price of Bitcoin if Donald Trump can ban Bitcoin ? on: July 22, 2019, 03:38:33 PM
We can expect a huge crash in this scenario.

BTC won't die, but with BTC banned, I don't see a lot of people brave enough to take the risks of being banned
And another situation is the institutional money, companies will sell BTC immediately ins this case

Yea, I honestly think the main problem would be the exchanges. Since they would no longer be able to legally run and sell Bitcoin for fiat, it would cause a lot of issues. I think that the chances of this really happening though are quite slim. Donald (just like every president) says a lot of things that will never happen, just to get the crowd going.
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