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1441  Economy / Economics / Re: Savings during inflation on: October 28, 2022, 10:02:14 AM
Saving your fiat in the bank doesn't save you from inflation, or any advantage at all. Investing it to something that is profitable in the long run is more of like fighting against inflation. Bank is the only one who is getting the benefits in the long run because of the funds that's been saved on them by a lot of people, they lend it to other people with a high interest rate, while people only get few percentage of interest yearly.

I'd rather invest it in Bitcoin rather than letting the bank take advantage of my money.
1442  Economy / Economics / Re: Almost 50% of Gen Z and Millennials want crypto in retirement funds: Survey on: October 28, 2022, 09:13:36 AM
Crypto? it's a bad idea if they're want crypto in their retirement funds because crypto is high volatility and they might choose a shitcoins which the value will decrease in the future. If they want to receive Bitcoin in their retirement funds, then it's a good idea since Bitcoin price will increase if you hold for long time. I think those Gen Z still don't know if their health when they get older are getting weak and increase the risk of heart attack incase the market goes down.

If I'm going to invest my retirement fund in cryptocurrency, I would choose Bitcoin only, high volatility which is good for a long term. Shitcoins are affordable but it doesn't guarantee you anything, especially their goals are not that trustworthy, devs can always end up doing nothing as long as they get the money that they want from investors that could be trick by sugar-coated promises.
1443  Economy / Economics / Re: The impact of Russian and Ukrain war on world economy on: October 27, 2022, 01:04:07 PM
War greatly affects the economy of every countries, it doesn't give any good thing at all but inflation, structural damages, many people will be unemployed, panic, despair, and uncertainty. War consumes a lot of funds for destruction of its enemy while it goes the same thing for the other country, it's just pure idiocracy, where people want to prove how powerful they are in exchange of nothing, to be honest.

War should be avoided as much as possible, but people always choose violence to get what they want, and that's what gonna makes us extinct in this world in the future.
1444  Economy / Gambling discussion / Re: Faucet and Bonus Farming on: October 27, 2022, 08:19:34 AM
If you read the terms of service of a gambling website, you'll  see that it is almost always stated that they strictly prohibit any kind of activity that is abusive to protect the balance and fairness in the platform. Anything that they will see as unusual and is abusive in nature will receive necessary punishment to avoid further exploitation of the site. Since faucet and bonus farming is considered to be an abuse, it shouldn't be done in any platform if you want to be able to use your account peacefully. Because if you persist to do so and they caught your account violating their TOS, they might actually suspend it or even permanently ban it so you won't be able to withdraw the funds.

Creating multiple accounts became rampant because of promotions such as bonuses which players utilize to their advantage. It's strictly not allowed, but these people get confident because most of them aren't getting caught yet. Hence. the security must be tightened to ensure there will be no more abusive activities be done. Both the casino and the players who do it are at fault. No matter how bad it is though, we can't really impose our morals and values to others. So the best resolution here would be stricter security measures and detection which is on the end of the gambling site. After all, the casino must check from time to time the features they are vulnerable with so they won't suffer losses and to uphold their reputation as well.
1445  Economy / Gambling discussion / Re: Two Gambling Stories on: October 27, 2022, 07:19:12 AM
Both did it wrongly, the guy took and stole the money from her girlfriend. While the girlfriend takes advantage of what he did and is really asking that much.
Both of them can simply be happy without demanding each other a lot and enjoy the money altogether happily. But because of such demands, that made the gap for both of them.
Even myself as a boyfriend or the man itself would really be changing up my views into my girlfriend where you could really have those thoughts that shes really that too greedy on asking that much.
Yes, its her money had been used but she dont have the rights on asking on her part since no one knows if he would be lucky enough into that time on making bets.
Stealing 10k is a huge thing which i do understand on girls side but asking that huge partition or part is never been a good sight.
You are just proving that you are greedy and doesnt mind off about in between relationship.
She's a gold digger.
If they really are partners in life, they should consider the best thing for both of them. But she's only thinking about herself and doesn't want to let it pass off the mistake of his boyfriend which is also a bad thing.
Weighing things into this situation will depend on both parties and how they're going to address things like what they're facing. Well, it's both win for them as they've got huge money.

Sure, the girl exhibits greediness the moment he want his guy to give her a 40% share of his winnings. As a partner, you shouldn't demand like that when you didn't work for it in the first place. You just have to wait and see if your partner will recognize and appreciate you. After all, if they want to give you a portion of his blessings, they will do so, wholeheartedly. It's not something you force and oblige them to do for you.

However, the guys has his fair share of fault too. Him getting the money with no permission is a big red flag as well. If something is not yours, you shouldn't get your hands on it. Otherwise. you are disrespecting the owner, Which in this case is his girlfriend. I believe this couple lack in communication. Or perhaps they already outgrew each other but just don't want to break up because of convenience. Because clearly, respect isn't shown in their relationship given their attitude towards each other: the guy stealing his girlfriend's money and the girl demanding unreasonable amount to his boyfriend.
1446  Economy / Gambling discussion / Re: If you win so big on: October 27, 2022, 06:37:38 AM
If ever it will happen to me, I will not let my emotions take over me. I won't be greedy and I will refrain myself from showing off because I don't have to prove to anyone that I already have money. I won't have a one-day-millionaire mindset. Living lavishly won't be in my priority. Instead of buying things that I just want, I'll rather invest the half of my winnings into a type of investment vehicle that has potential to have profit which isn't high risk.

I'll put up a small business as a start. But of course, I'll do a proper researching first before doing so to avoid losses. I will certainly not bet more and chase more wins once I hit the jackpot because chasing winnings is a sure way to guarantee a money loss. I'll live simply within my means because it's hard to earn and make money. Living extravagantly when you can't afford it is a no-no. Because the goal is to become financially independent and not just to look rich but actually have less than $100 in your bank account.
1447  Economy / Gambling discussion / Re: Do You Want KYC at Crypto Casinos During Registration? on: October 25, 2022, 07:45:51 AM

My question to the Bitcointalk community is this one: if it were up to you, would you keep the current status quo and have crypto casinos brand themselves as no KYC, only to ask for identity verification during withdrawal requests or big wins, or would you rather be required to complete KYC during the registration process and decide there and then whether you want to do that or not?

Please submit your votes in the poll, and share your thoughts below.

I really don't want KYC at casinos, but if there must be one, then it should be at the preliminary stage of preregistration, not after luring me with a no KYC from your advert, and after giving it a try with some money and possibly starts making some significant money, then you jumb out from the blues asking for KYC. That isn't right as I believe one of the major reasons for joining was because the casino might have stated, that KYC isn't a must.

Casinos should always try as much as possible to always be very transparent with their dealings, as this isn't just about the players but also the reputation of their company as well.

I will always prefer to do KYC before doing any casino stuff and it is the best for me ask wouldn't want to hear stories at the time of my winning.

This is what I prefer too. Being upfront with the client also matters to me, so I'm likely to pick the one saying the truth starting from the beginning than be shocked once I decide to withdraw, then turns out I have to oblige to some rules wasn't stated in the first place. This is why reading the TOS will surely help a player in picking the casino to play for good. Because some casinos don't really state upright that they have KYC because it sounds off to most of the players.

Instead of declaring it in their campaign, they hide it to entice people to sign up, deposit and play. Only to find out that they also require at the latter process a verification of identity as well. While it is a good marketing strategy to garner players, it can also be the cause why the players will lose trust on them. Indeed, casinos must upheld transparency and dignity so that they'll maintain their reputation well. Gambling is also a business and the owners must look at the long term and not only the short term goal as their priority
1448  Economy / Gambling discussion / Re: How do you get over a bad loss? on: October 25, 2022, 07:12:22 AM
There's many thing you can do: watching a movie, have a vacation, playing online games, go to the party, have a sex etc.

Although big loss in gambling is really hurt, but gamblers shouldn't forget gambling is for fun. So they need to accept gambling isn't to chase money, the more you chase the more you will loss. This is why I never gamble with huge money for only one day, because I can't accept the amount I will lose for just one day.

Many people say gambling is for fun, but that is often not achievable. I often want to make gambling as entertainment. but. when I lost $100, I added $100 even in 1 week I lost a total of $1000 because of my failure to control every loss. Instead of quitting and stop playing, I assumed that if I was going to win, I would definitely win and so on. So without realizing that, I already spent a lot of money on this game which is said to be for fun. just be careful with a Fun, if we can't control ourself, it will be trapped for more bigger losses.

It's good that you were able to recognize where you went wrong in gambling. Self-assessment and acceptance is essential for you to move forward and break free from your bad gambling habits. Which in your case is chasing winnings despite its consequences. Increasing your bet over time doesn't necessarily mean that you would also win big. It all depends on probability and your luck. If you think you can win if you bet more and more, then you are wrong. It isn't always the case as every game is different in nature. Unless you are playing lottery, but the odds of you winning is also slim given the number of balls to be drawn.

In gambling, the player must really know how to control himself. Otherwise, your bad habits will take over and control you instead. You should be a responsible gambler and not just a mere gambler who don't know the right approach and attitude in certain situations. You have to take care of yourself or else, you'll end up miserable because you get addicted in gambling. Gambling is addictive and if you won't learn how to control yourself, you won't survive in this industry. You'll just end up being trapped into series of downfall that you'll eventually feel remorse upon yourself for not doing better when you knew better. 
1449  Economy / Gambling discussion / Re: [Survey] Do you still play or stop the game? on: October 25, 2022, 06:40:41 AM
If it is about entertainment one has the right to play the way he wants but if it is about playing to make profit it is better to play ones , no need to continue to play.
  Continous playing and expecting a win and at the end it turns up to be lose can lead to depression.
When someone was winning big amounts of money. Im sure that he/she will not even see that as an entertain anymore. People may call that as an entertain when they were bet with small amounts of money but once they will be winning like 500x multiplier and then they will be withdrawing their money. You ust also aware if we are still in the crisis and so many people need money. that proves that if there's no need to continue to gamble it but you may try to left small amounts of money in your wallet and then withdraw the rest.
Im sure that mostly of people will be withdrawing their money to their wallet rather than holding it even longer.

Some still see it a a form of entertainment despite winning big. However, most of them already see it as another source of income to make profit from the moment they consecutively win big after several attempt of betting. Initially, the thrill becomes their driving force to gamble, but as the time goes by and their winnings increase further, they become driven by the money it might bring them.

Although it must still be remembered that gambling isn't a shortcut to becoming wealthy or becoming a successful person. Because in the first place, there is no such thing as shortcut. Self-awareness must be practiced so that anyone won't be lost in their gambling journey.. Once you win, you should also assess the situation on when to continue and when to stop to avoid inflicting damages to oneself. Thinking about where to use the money the moment you withdraw is needed too, since as you've mentioned most people will withdraw their money instead of holding it. Checking where to intelligently put that fund can be beneficial to someone if they will do the right thing.
1450  Economy / Gambling discussion / Re: Split the prize or Reroll? on: October 25, 2022, 06:00:44 AM
as a gamblor I would like to split the price and would not want to go for the reroll
Because greed is not the good option. So I would get I will get.

There's no greed on that. It's just that taking the prize is a good and wise decision in that case because the prize was already a decent amount, to begin with. Expecting more might end up taking without money that's why it's good to secure already that winnings.

It's also hard to win on that giveaway so take it as luck that we ended up winning.

Valid point.

Nowadays, it is indeed hard to win on every giveaway. There's only a certain chance that you'll be picked and take home the prize all for yourself. Hence, splitting the winning with other player could be a good deal already if the casino's terms is fine with it. Securing your prize isn't really a bad idea even if it's just half of the original prize. It's still better to take home something than nothing at all. And yes, to some that 0.05BTC is a decent amount already and can be used to buy or experience specific things they desire. Being greedy could make you lose what you almost already had, so it's better to keep in mind to weigh the situation first before rushing into a decision that you might regret.
1451  Economy / Gambling discussion / Re: A disheartening true life winning story on: October 25, 2022, 05:26:37 AM
It was such an unfortunate event that the winner didn't get to take home his prize because the gambling company don't want to pay him.

I applaud him for taking action about the incident because the money involved is big enough and he can utilize it over many things already. It was such a very wrong move that the gambling casino refused to pay him his winnings. If ever they really did technical error, then it is solely their fault and not the winner's. They should be held liable if they will refuse to compensate him according to his bet.

These greedy gambling company just shows that there are really rigged games. It's impossible that they don't have any backup database for that especially they are a business operating. Perhaps the winner they have chosen didn't turn out to be the one who technically won, hence the reason why they don't want to pay. I think the winner of the lottery will win the case if he has enough substantial evidences to show the court. After all, he already went too far by filing a case against them which just means he have so much on his hands to prove that he is the winner.
1452  Economy / Gambling discussion / Re: If you win big in casino, would it be publicized? on: October 24, 2022, 08:30:41 AM
I think it depends on the casino, but as far as I know, they only publicize username of the winners and not their real name, so it wouldn't be an issue of privacy. Personally, I believe things like these shouldn't be made public because of security reasons. The good thing with crypto-based casinos is they also take into consideration the privacy of their players, hence, making an announcement with the real name of the winners isn't really done.

Consent is really needed in making things public such as this one. There should be an agreement between you and the casino whether what kind of announcement they will make to the community. Because exposing the identity could make him vulnerable from perpetrators. Once people knew the identity of the winner, they might plot some sort of scheme against him and some might even find it a good opportunity to rob him making his safety compromised.
1453  Economy / Gambling discussion / Re: Two Gambling Stories on: October 24, 2022, 07:55:44 AM
Her girlfriend is right he would not have won that money, if not for her money that he steal and why would he be in a dilemma
he will still have 60 million and he keeps his girlfriend if he believes that he will settle with this girl and then give her, her share.
Indeed. It seems fair enough because it is her money.
However, I assume it is actually negotiable and should end with a good ending even if the man refuses 40 million dollars. But the man at least gives her 20 million dollars, ideally 10 - 40 million dollars isn't too much considering all the money used for betting is her girlfriend's money. In addition, she is his girlfriend too, why it is so difficult to share that amount of money with someone that he loves? Unless the man becomes greedy, it should be not a problem.

 Cheesy



Right. If it weren't for her money, he wouldn't be able to win that amount. He should at least give a considerable amount to his partner as a token of appreciation and to show gratitude. It shouldn't necessarily be 40 million, but an amount he is willing to give wholeheartedly to show he is thankful because stealing isn't right as well no matter how you put it. Asking for forgiveness and thanking for the money you "borrowed" without her knowing shouldn't be a hard thing to do if your relationship has been founded on a strong ground.

1454  Economy / Gambling discussion / Re: Will you be influenced by your favourite celebrity? on: October 24, 2022, 07:22:09 AM
It's a good choice not to be affected by gambling posts from celebrities, but there is no denying that there are things that make fans can be affected by these posts, namely the amount of value he won, just like in trading how many traders post trading profits so that it attracts people even though there are many losses they hide, so celebrities can be wrong and they are most likely not to post bets that are losing.

I did not hear many tweets or posts from celebrities about gambling ? This is because gambling is not considered good in some parts of the world and people think that gambling is for the riches or who have a lot of money to waste or spend whatever.

I think responsible celebrities should tell both sides of the picture that they lose also in gambling as well as winning. Famous Celebrities should not represent gambling as an easy way of making money, though gambling houses want people to think like this. Since people listen to and follow Celebrities, a lot of responsibility lies on their shoulders to present a true picture of gambling.

I somewhat agree with this.

You'll seldom see celebrity broadcasting their gambling ways. There are very few who go publicly because of the stigma that comes along with gambling. Gambling still has a negative connotation and we can't really deny that. This is why most of the big personalities who gamble keep it hidden from the public because they might face scrutiny.

As a celebrity with a wide reach and influence, they really shouldn't just present the one side of gambling to the people. Because doing so might just cause trouble to those who follow them and do as they say. Indeed, it is the celebrity's responsibility the moment they get to speak about gambling on their platform. They must showcase the negative and positive side of gambling to make the people aware of what they are getting themselves into.
1455  Economy / Gambling discussion / Re: Do You Want KYC at Crypto Casinos During Registration? on: October 24, 2022, 06:48:58 AM
As much as possible, I don't want to undergo KYC to protect my personal information. However, it's becoming more and more of a requirement that is mandatory to go through already. With that, it's also becoming harder to find a casino or gambling website that do not require KYC. Hence, people are settling to those casinos that has KYC despite they don't like it. I noticed that they just picked those casinos that have a good reputation. Perhaps this is to ensure that their personal information won't be sold to third party applications, platforms, or websites.

Just always remember to read the terms of service first before actually playing in a casino so that you won't be shocked about their processes such as in withdrawal that typically has KYC if the casino don't initially require it in signing up.
1456  Economy / Gambling discussion / Re: How do you get over a bad loss? on: October 24, 2022, 06:12:32 AM
It's never easy to move on from a loss, most especially if it was a big amount on your end. It will be hard to accept and you'll have the feeling of in-denial at first and eventually regret. We all make mistakes, we feel emotions depending on the situation we are in, and that's all totally normal. But first, to be able to fully accept a bad loss, you need to acknowledge first that you lost. You have to accept it and from there, start assessing yourself from where you went wrong and how did it happen so that in the future, you won't make the same mistakes again.

We have this ever famous saying that you should only bet what you can only afford to lose. If you followed that, it will be much easier for you to accept the loss because the money you spent is just a spare. But if you didn't it'll be a hard to swallow. Just learn from it and control the situation the next time around. Don't ever think of chasing winning because that's how you'll end up losing so much more than you'll ever notice. Grieve, breakdown, accept that it already happen, remember the lesson it taught you, then move forward and use that lesson to do much better the next time around you'll make a bet.
1457  Economy / Gambling discussion / Re: Two Gambling Stories on: October 22, 2022, 02:56:17 PM
In the first scenario, I assume that the girlfriend didn't know her boyfriend used her money just to gamble. In this setup alone, you can see that there's only a little sense of trust and respect between them because her boyfriend didn't bother to tell her he'll borrow money and use it for gambling. It's the girl's money, and as a sign of respect to your partner, you should ask permission first before making any move about what's not yours to spend. This is why I believe it's fair and just to meet halfway with her girlfriend. Settle an agreement that's not too big and burdensome on your part if you recognize her as your support system. Afterall, you won't be able to win if you don't have the money to bet in the first place. I just find it somehow greedy that the girlfriend demanded a specific amount which is 40% of his winning because it should be up to the guy to give her a token of appreciation. I guess they just lack communication in money matters. Which is perhaps the reason why the boyfriend stole instead of letting her know.

In the second scenario, I wouldn't really give up the half of my winning to my boss especially if the money I used to bet came from my own pocket. Being a boss demanding half of the prize you didn't win, didn't give a share to the bet made, and didn't really do the greater job to make the winning happen just displays pure greediness. If you guided your apprentice to make a bet and you did it wholeheartedly, then you shouldn't expect anything in return. If your apprentice happens to win, it should be up to him whether to give you a portion of his winnings or not. It is unfair to give someone half of your winning prize especially if they didn't contribute that much. You deserve to enjoy your prize. Other people's feelings is not your responsibility.
1458  Bitcoin / Bitcoin Discussion / Re: Is Bear Market More Important Than the Bull Market? on: October 22, 2022, 11:00:06 AM
To make it simple, bear market is a good opportunity to buy Bitcoin and the bull market is a good opportunity to sell Bitcoin, so yes, it is good for beginners, as long as they know exactly what they are getting into. It is normal for its price to go up and down because of what's so called volatility. Bear market is really important because this is where most of us will be tested, patient is a must.

It is important also to know what bear market is so that you will not panic and will just patiently wait while other are doing panic selling.
1459  Bitcoin / Bitcoin Discussion / Re: Can you choose cryptocurrency as full time job? on: October 22, 2022, 09:58:49 AM
I've been on the cryptocurrency world since 2016, when I was still a college student, I'm a drop out and went full time ever since, but every bearish season I always look for another way of getting an income so that I will never touch my coins in my wallet. Getting a couple of source of income will prevent you to sell your crypto in this kind of market, that's why you should also know how to do sidelines.
1460  Bitcoin / Bitcoin Discussion / Re: Cryptocurrency and Gambling on: October 22, 2022, 08:58:51 AM
Cryptocurrency is much better than gambling, because it has more chances of giving you profits than risking your money in gambling. Buy Bitcoin now, hold until the next bullrun and you'll get profits, while if you start playing gambling now, your money won't be able to last until tomorrow, that's for sure. Cryptocurrency is a lot more easier than gambling, if you'll only do spot trading, buy low sell high.
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