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841
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Economy / Gambling discussion / Re: What makes a good bettor?
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on: August 09, 2020, 12:00:16 PM
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As you've said it, people should know a lot of things to the games or sports they are betting on. Without this knowledge to a certain game you are betting, you are increasing your risk of losing. Even if you are following someone's bet, you are blindly betting at it. You can analyze games, performance and matchups to be able to see your probability of winning.
It doesn't give you a 100% win since there are those games that are unexpected.
There’s a lot of factors to be a good bettor, the very important thing is knowledge and luck. Agree with that knowledge is the most important thing you have to conduct a study before placing a bet like the history of their game, their previous wins and the health of the team or players. For us to be more successful bettor we should do our best to evaluate everything as much as we can. I don't know about luck because I don't see it as a trait that we can use. Maybe the most important of all traits comes with management; that includes yourself and your money you are using to bet. There are a lot of times that a gambler can't control himself from gambling, we can't call him a good bettor, right? The same with those that can't stop betting even if he really needs to. |
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842
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Economy / Economics / Re: world war 3 is coming ...do to coronavirus / economy ...
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on: August 08, 2020, 11:49:49 PM
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I think US are just preparing in just in case against china but i never thought that world war 3 is coming. I also know that other countries are just mad at china alone so there is no world war because even we are in a worst situation every country will not declare war against their fellow country that also suffered from covid 19 virus.
Well, China's been aggressive for some time now. India and other countries are preparing for might be(I hope not) war. I don't know what's with China these days but they've been attacked by the nature as another deadly virus are looming in. Another thing is the natural disasters happening within China. I guess nature's getting back to them. |
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843
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Economy / Economics / Re: Government+cryptocurrencies
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on: August 08, 2020, 11:28:59 PM
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for me the government will only interfere in the field of crypto currency, because the government tends to control and regulate the economy with the aim of not harming the government's finances itself,
We know that crypto has a decentralist nature, it cannot be controlled by a person or group of people, while the government tends to be the opposite.
It's how you said it Shreek! These two are contradictory, and people will have to choose what will they use, if there's a choice, governments can find a way to force people to use their crypto-currency! We will have to choose will we obey to their rules, or we will follow a decentralized way of thinking. I am for decentralization, but that means that we will have to make some big changes in this world. And if that is the case the governemnt will be choosing to ban crypto currencies on the country. They can't afford people using decentralized crypto currencies unless they are already taxing it(don't know how will they do that though). It would be an alternative to fiat/crypto that the government would issue but I think this is still far from us. |
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844
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Bitcoin / Bitcoin Discussion / Re: Why most people think Bitcoin is a scam?
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on: August 08, 2020, 11:09:56 PM
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People started to think that bitcoin is a scam when the local news reported that an individual is scammed using it. Even if it is twice reported being related to scam, peoppe would think it is a scam since it is in the news. Another thing might be the fact that it is a decentralized crypto currency.
With anyone behind it, people think it is a currency made to be a bubble that would explode soon.
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845
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Bitcoin / Bitcoin Discussion / Re: Do scams harm Bitcoin's reputation in the mainstream world?
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on: August 08, 2020, 10:30:10 PM
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In my opinion, scam is very harmful for bitcoin's reputation. Some country is not accepting bitcoin as legal currency for this kind of activities.
Well, this depends actually. In our province, people are saying that it is a scam since they watched news about it while us that actually knows it, it doesn't have an effect. Also, these people don't use them or won't have an interest on using it so it doesn't matter. Other countries have their own reason and it is not the fact that it is related to scam or illegal activities but because they think it might overthrow their fiats or other financial systems. |
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846
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Economy / Gambling discussion / Re: What makes a good bettor?
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on: August 08, 2020, 09:47:29 PM
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As you've said it, people should know a lot of things to the games or sports they are betting on. Without this knowledge to a certain game you are betting, you are increasing your risk of losing. Even if you are following someone's bet, you are blindly betting at it. You can analyze games, performance and matchups to be able to see your probability of winning.
It doesn't give you a 100% win since there are those games that are unexpected.
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847
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Economy / Gambling discussion / Re: Regulations in online Gambling sites
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on: August 08, 2020, 01:25:00 PM
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Such concept of limiting the amount of expenses being spent on online gambling will surely not agreeable to the gamblers out there for they will surely be feeling that they are being controlled on the way they were supposedly enjoying which is playing gambling. Although the idea was clear to lessen the gambling addiction and too much expenditure on playing gambling, still gamblers will surely not agree on this for they will feel more pressure that they must limit their bets to be able to make their gameplay last longer.
Also, the control on gambling plays will not be proven by this because it is already a certain regulation that will leave them no choice but to agree to be able to still play. The control on playing will not be testified by limiting the amount they must spent on gambling because addiction is kind of psychological manner and limiting gamblers will add more pressure on them since they know they are being limited on their gameplays.
Well I agree not all gamblers will settle for less. I know that the government also will not go after in online gambling casino for they are busy doing their stuff(corruption). Besides they only react on to something if there are numerous complains against that online gambling platform. For now the regulations does not really affect on online gambling and it only will depending on the country that are strict when it comes to gambling as it is not their traditions and culture. We shouldn't need to overreact to this because as far as I know, these regulations are for those gamblers within UK. For the other gamblers online not within UK, then we doesn't need to abide those regulations unless our country decided to do the same. It is fine for me if it is the cap since I don't gamble that much money. |
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848
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Economy / Gambling discussion / Re: You have to prove that you can take the loss
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on: August 08, 2020, 12:22:21 PM
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Based on the other thread it is said that those casinos which are regulated doesn't need to require KYCs for this. They will continue to do the same except for the new thing which is proving themselves within having a loss of $100 or maybe £100. I don't think it would be that big for them to gamble underground.
I think they have to require KYC during the registration if the £100 monthly losses gets implemented because casinos can't just guess or assume which of their gamblers aren't capable of handling the losses. Anyway even if it's approved this won't be a problem to most of us crypto gamblers since it's only from the UK while most crypto casinos are regulated by Curacao. I agree. Online gambling here in our country, as far as I know is illegal since I heard that POGOs here only offer their services to online casinos which costumers are feom other countries. This wouldn't be a problem to most of us here. But, if it is, I guess for me that cap is too much. |
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849
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Economy / Economics / Re: Pray for Our World (Pray for Lebanon) Another Economic Crisis
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on: August 07, 2020, 11:49:11 PM
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The worst thing about this is that the cases of covid in Lebanon is increasing because of this explosion. Huge number of people are homeless and vulnerable to the pandemic that is happening. Their cases just spiked after that, this will be a huge effect on the economy and very traumatic for those people.
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850
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Economy / Economics / Re: Philippines will drop as a Country, Economy on its worst!
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on: August 07, 2020, 10:57:04 PM
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do you think duterte administration didn't print money?
Philippines is somewhat like a puppy when it comes to following the rules so you can't expect it to make use of that type of tactics, Besides just what they have said, we can knly Generate (Print) Money only that is equal to our reserveed funds which is in currency of Gold. Though there are already corruption going on in this times of pandemic some of them are surely part of big sindicates who has a control of black market that can print money. To Keep it short, it will never be a solution. Lots and lots of corruption even before this pandemic happened. Right now, the administration is invetigating the said billions corrupted by the PhilHealth. It is been a huge talk right now and it is been trending for a while. We will be seeing if this is true though since those people are saying that it is not true, not for long though. |
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851
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Bitcoin / Bitcoin Discussion / Re: Do scams harm Bitcoin's reputation in the mainstream world?
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on: August 07, 2020, 10:05:12 PM
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It have some effect but it doesn't last that long. A lot of scams that happened and bitcoin just kept in comkng or bouncing back giving more profits to its users and investors. People here in our province thought it is a scam since it is reported in the news but they realized it is not since I've been using it 2 years since that news reporting.
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852
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Bitcoin / Bitcoin Discussion / Re: Beirut explosion - Lesson to learn from this.
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on: August 07, 2020, 09:04:15 PM
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I wonder why safe isn't really safe to story and physical things at all? I mean, if there's an explosion, it will definitely act as a safe right? enlighten me. Also, let's say this is your Private key : L4hVMF5PXJ pyy9w2r3k NvyPiDhaPcbd P5uh2Bp G63cmgp647PZnL - You can store the section in Bold in different locations without people having access to the sections that are not in Bold, so they can do nothing with those sections. (Only you know how to put the puzzle together when all sections are together)
Uhmm. I already did this in separate locations. Half of the keys are in my house right now and the other on my aunts and uncle's house. I thought it is an ingenious way of doing it but I guess there are a lot of people here thinking the same. I thought of this a year ago but I am also scared since they have children in their house so that might be gone when I come back. I guess, it's better if you put those on a place where you always visit, like your home or your rest house, so you can check it and there are no worries. It might be safe because it is separate but do you think will happen if there's a phenomenon occur in the area where the one fourth is located. I didn't leave my asset unattended nor not in my watch since there are so many thing will happen when we are away so I'd suggest to select always at home anyone can check their balances from time to time compare to those when we.are away and we can't see an updates uf our wallet ifs fine and away from the attack. That should always be the case. @Janation said there are children there so there is a chance that it might be destroyed by the children when they played with it or maybe as @finaleshot has said, there might something that would happen. There are other ways for us to take care of it and I think since this explosion some people might overthink how would they take care of their Private keys. |
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853
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Economy / Gambling discussion / Re: You have to prove that you can take the loss
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on: August 07, 2020, 12:36:12 PM
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Casinos should be the one to regulate about gamblers losses but unfortunately, there is such a thing as privacy concern and protecting data of their customers, it's like a bank where they need to protect their clients because these casinos rely heavily on their high rollers and high rollers do not want to public what they spend in gambling.
With this kind of proposal, the casino needs to reveals that information once the government ask them. Though I do agree that it should be the house that supposedly handled this case and start providing such treatments to avoid heavily addictions. If that is the case then gamblers will limit themselves or look for underground casinos so they can keep their credentials majority of high rollers do not want their financial status, casinos will protect their high rollers they rely heavily on their high rollers for-profit and they want to keep it that way. Based on the other thread it is said that those casinos which are regulated doesn't need to require KYCs for this. They will continue to do the same except for the new thing which is proving themselves within having a loss of $100 or maybe £100. I don't think it would be that big for them to gamble underground. |
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854
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Economy / Gambling discussion / Re: Regulations in online Gambling sites
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on: August 07, 2020, 11:27:18 AM
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Actually this not a big deal because if ever the player reach the 100$ cap per month then they can just play other gambling games like dice, sportsbet and card games.
Makes sense. Most of the gamblers here doesn't just stick with dice or slots, they have a huge array of games they can play making $100 cap per month not that much. But not most of us can afford to lose that so I guess this might be nothing to some but to some, it is something. |
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855
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Economy / Gambling discussion / Re: Las Vegas Casinos are open - end of the Pandemic era.
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on: August 06, 2020, 10:52:49 PM
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I understand that this pandemic has taken an enormous impact to the global economy.
However, we should all consider and prioritize the safety of everyone.
Opening back again the Las Vegas casinos, with the rising numbers of Covid-19 cases, won't help with the risk that is entailed with this.
You're month late, it is already opened. Bars and casinos are functioning for some time now maybe for the goal of regaining their economy as these places are one of the most popular in Las Vegas. This is the reason for the increasing cases but they can't just stop these casinos from opening since they really needed it for their economy. This will really fall into the hands of the gamblers themselves. If they wanted to take care of themselves, they will be thinking where to gamble and obviously decide to do it online and not offline though that won't be decided by us. |
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856
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Economy / Gambling discussion / Re: You have to prove that you can take the loss
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on: August 06, 2020, 09:32:48 PM
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That does not really matter at all, no one in this world has some mentality to take the loss unless that someone is fully loaded with money. every loss is hurting us in any way, the only problem here is how a person handle that loss. The countries that still implementing ban on gambling, has already known the negative impact of gambling on their people. one might commit suicide if they lose a big amount of money. Like what happened with this one: https://www.bbc.com/news/world-asia-40128776 This literally says he can't take a loss at all but not all of us would be taking this way of losing. Not all of us are quite desperate to win in gambling nor look at it to even win money. We have fun with ot that is the reason we stick with it, I guess earning money is just the bonus of it. I also talked about my friends about this like a way for gamblers to check whether they can afford to gamble in a casino or even take a loss and I think a cap is really what it needs. |
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857
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Economy / Gambling discussion / Re: Slots are better than Dice.
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on: August 06, 2020, 08:08:31 PM
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you say that because your favourite game is Slot, i can said blackjack is the better game than other game because i love to play blackjack, you cant say this because everyone has their own favourite game to play, all game are best for who everyone like to play it.
And that's what we all like. Our favorite games will usually be our top choice and others have their favorite games too. There's nothing better if we'll compare but if we will be basing from our favorites to fewer favorites, there will be a better category which shall be made by us. Yes we all do have favorite game. There's a game here in our country that we call "Color Game" the mechanics of the game is, you will pick a color (red,pink,green,yellow,blue, and white) but depends to the owner what color he/she wants, then there are 3 cubes which contains the colors and it is in random. There's a lever and you are going to pull it, then the cubes are going to roll. If the 3 colors turn at the same time, you are going to in 3x of your bet and 2x when 2 color appears. Its a very simple game and for me that is the easy way to do gambling. The result mechanics of the game is like dice. Because you will never know what's going to be the next color that will appear, the same with dice, you'll never know the next number that shall appear. And that is what we like. We like simpler mechanics. Dice just gave us two options, High and low, that is just a 50-50 unlike Slots. That also gives us higher chance of winning. Also I like simpler games and I can just gamble faster. And not all of us like simple mechanics. I also like the higher possibility of winning in my gambling acvtivities but I doesn't exclude games like slots and other games. I do play dice but I also play slots which is also entertaining. With the higher money you bet you can also increase your chance in slots, and in slots you can see the jackpot while the chance in dice in hitting a triple number is quite impossible. Slots are better than dice and dice is better than slots, that would always be the case. |
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858
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Economy / Economics / Re: Government+cryptocurrencies
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on: August 06, 2020, 12:20:05 PM
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If government will accept cryptocurrency and give freedom to the people to use it ,i think many people will buy and invest in bitcoi. Also it be a temporarry solution in our current siruation now.
What current situation? The pandemic? Don't forget that there are a lot of methods or ways to transact your payments like mobile apps and digital wallets not just crypto currencies. Another thing is that the government won't just accept bitcoin or other cryptos unless they are centralized and controlled by them. |
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859
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Economy / Economics / Re: Philippines will drop as a Country, Economy on its worst!
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on: August 06, 2020, 11:46:42 AM
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So Filipinos will not be given the freedom of Speech anymore? But talking about this on social media is not going to change anything as well because every country in the process of recovering their own country so it all depends on the people and how they are going to utilize the resources they are having.
Yeah. To be honest, most of the people right now can't do some rally like they used to not just because of the pandemic that is happening right now but also because of this bill. The only way to express theirselves is through social medias which might be considered a terrorist act in some weeks. |
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860
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Bitcoin / Bitcoin Discussion / Re: Beirut explosion - Lesson to learn from this.
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on: August 05, 2020, 06:16:35 PM
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I think this also proves that whatever you wanted to do, you can't actually take care of something at 100%. There will always be a percentages of it that would make you lose anything including your bitcoins. Taking care is something but accidents are unexpected.
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