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Showing 10 of 10 results by elspethrooney
I would be totally happy if any of your optimistic thoughts become true. However, every serious piece of information so far contain only bad news.
- it seems that more and more studies about no possibility of long term immunity appears. It seems that you can get the covid as many times as required to die (like the seasonal flu)
- it seems that more and more long term (livelong) complications after recovery from covid are recorded and reported
- it seems that many institutions work on vaccine, however any vaccine should be tested for many years (as far as I know) before mass application, otherwise the vaccinated group can get some other complications (die from other illness etc.). Even though we start vaccinating soon (next year maybe?), it would be hazard, and most likely no government will go this dangerous way
I am pretty sad about this, but I guess the best option we have now is to get used to the semi-lockdown, social restrictions and other limitations. It seems the limitations will play a vital role of our lives for many years (at least in covid seaons, probably few times per year). It is quite possible that it will take many years before the live will be the same like before.
Hopefully I am wrong and some weird miracle will happen.
- it seems that more and more studies about no possibility of long term immunity appears. It seems that you can get the covid as many times as required to die (like the seasonal flu)
- it seems that more and more long term (livelong) complications after recovery from covid are recorded and reported
- it seems that many institutions work on vaccine, however any vaccine should be tested for many years (as far as I know) before mass application, otherwise the vaccinated group can get some other complications (die from other illness etc.). Even though we start vaccinating soon (next year maybe?), it would be hazard, and most likely no government will go this dangerous way
I am pretty sad about this, but I guess the best option we have now is to get used to the semi-lockdown, social restrictions and other limitations. It seems the limitations will play a vital role of our lives for many years (at least in covid seaons, probably few times per year). It is quite possible that it will take many years before the live will be the same like before.
Hopefully I am wrong and some weird miracle will happen.
Nah, perhaps this is just politics, maybe he was really a pro Trump and that's why he blurted this statement in public. Nothing to take serious though, maybe he meant different and didn't gamble that involved money. But since Joe Biden has won already, and just like any other state heads, he is oblige to accept the fact that he will be working on a new US sitting President and there could be changes in the policies and trade relationships.
I did not bet on this US Election, but if ever I was, for sure I'm going to lose because I'm going to bet on Trump winning the re-election.
I did not bet on this US Election, but if ever I was, for sure I'm going to lose because I'm going to bet on Trump winning the re-election.
Again, Biden ist not yet the president....
Since when does the Media announce new Presidents?
Yes the Media said he is, but no he is not the President of the USA yet.
Now if the Dems come up and cry a river saying Trump should just accept his defeat, lets look back 4 years and see what happened and they accused Trump of.
Media probably learn about early announcement from the current President - he made a great example declaring himself president on the day one. That is IMHO how the media learn it.
Please can you provide some trustworthy media reference where Hillary and/or Obama cry that the election was stolen?! I completely miss that, so I would like to see. The common folks on twitter are not "dems" representatives as far as I know. Please correct me if I am wrong.
The President of Hungary acts very childish, if he is against Biden he should not openly and publicly post it and just make it personal if he wants to bet against Biden, what he wants to prove here, that he wants to please Trump?
His action back fired now he wants to make amends by congratulating Biden, not really good move for the current President of Hungary.
His action back fired now he wants to make amends by congratulating Biden, not really good move for the current President of Hungary.
It is the president of Hungary. Nobody expect much.
The whole betting statistics were a big disappointment for a mankind.
Also in my country (it is in Europe), this event break history records in betting. Funny thing is, that even though every win prediction was on side of Biden, the most of the people here bet on Trump (about 70% of bets value). So I guess most of the bettors here do betting for fun, with no knowledge of the topic.
Also it was funny to observer the prediction market. At the early times of election, when the immediate results were in favor for Trump, the prediction market change the sides to reflect that. In other words people totally panicked and no longer trust in the pre-determined win of Biden. To be honest I was also quite panicking, because I though that prediction market is used by competent people.
So this event was a decent lesson about why people keep losing money via betting.
One more funny thing I noticed is: at freebitco.in was odd on Biden 1.99 in the last hours. While the conventional offices has something like 2.2 on Trump. So there was a room to bet on both and win money no matter who wins the election (however there is still few issues: BTC/fiad volatile price, any office can cancel the bet etc., so I have not tried that)
Also in my country (it is in Europe), this event break history records in betting. Funny thing is, that even though every win prediction was on side of Biden, the most of the people here bet on Trump (about 70% of bets value). So I guess most of the bettors here do betting for fun, with no knowledge of the topic.
Also it was funny to observer the prediction market. At the early times of election, when the immediate results were in favor for Trump, the prediction market change the sides to reflect that. In other words people totally panicked and no longer trust in the pre-determined win of Biden. To be honest I was also quite panicking, because I though that prediction market is used by competent people.
So this event was a decent lesson about why people keep losing money via betting.
One more funny thing I noticed is: at freebitco.in was odd on Biden 1.99 in the last hours. While the conventional offices has something like 2.2 on Trump. So there was a room to bet on both and win money no matter who wins the election (however there is still few issues: BTC/fiad volatile price, any office can cancel the bet etc., so I have not tried that)
Re: Did anyone try to "gamble" with ponzi scheme crypto scam services?
I won't transfer at least a cent to any ponzi scheme this kind of things should not be supported since they are just deceiving people. I really don't think any gamblers here would try their chance in investing to ponzi schemes, we still prefer playing casinos and sports betting than investing to that.
Thanks for opinion! It seems that a lot of people here support your point of view. I generally agree with that, but I would add one more not so obvious point:
- you cannot really report the Ponzi scheme sites - or you can, bud nobody listen and care. I have never heard about anyone who get the money back
- if someone can shutdown Ponzi scheme, because your report, it still does not matter, because:
- that insane number of Ponzi sites are emerging because people are greedy - and this is problem of lack of the math education, not law
- on the other hand, if you participate and make profit, you steal that money from scamers, not from their victims - basically this is only way to stop any internet crime - push it in the zone of no profit
Otherwise as all of you said - Ponzi scheme is a fraud, in many countries it is directly a crime. And it is really bad idea to help criminals get profit. No discussion about that.
Re: Did anyone try to "gamble" with ponzi scheme crypto scam services?
I think I do not need to explain what I mean by ponzi crypto scam. Every week I see at least ten new ponzi scheme scams.
They often offer something like 100% interest per 24h (or something similar). They commonly run for quite a few weeks (or months sometimes) before "they go scam" publicly. The obvious idea how to exploit them is to invest something small at the first day, withdraw it as fast as possible and repeat just with the interests from the previous bet (and of course take some money away from every successful round).
Has anyone tried that? Have you been successful? Is this kind of gambling popular/common. Has it name?
They often offer something like 100% interest per 24h (or something similar). They commonly run for quite a few weeks (or months sometimes) before "they go scam" publicly. The obvious idea how to exploit them is to invest something small at the first day, withdraw it as fast as possible and repeat just with the interests from the previous bet (and of course take some money away from every successful round).
Has anyone tried that? Have you been successful? Is this kind of gambling popular/common. Has it name?
No, and people should not support this kind of program, it's a first in first out program and you never know when it will stop paying, people have a misconception that it's an early bird kind of stuff where if you are an early investor you are likely to make a profit, that is an average Ponzi scheme, but I have seen a Ponzi Scheme where the project closed after 24 hours, after investors who want to make early profit deposits.
Ponzi Scheme is meant to scam people even on day one so don't believe that you will make a profit here.
Fair point. However according to my observation and the [1], it seems many of them are running for some time. So I guess it should be possible to calcuate some average expiration date and with some other metric (number of users in first days, size for returns) it should be possible overcome this issue in a long run (hundreds of scams).
IMHO I think "went scam already" problem is possible to overcome with bankroll management. I would expect there will be other less predictable problems. That is why I am asking if someone tried that.
[1] Vasek, Marie, and Tyler Moore. "Analyzing the Bitcoin Ponzi scheme ecosystem." International Conference on Financial Cryptography and Data Security. Springer, Berlin, Heidelberg, 2018
Re: Did anyone try to "gamble" with ponzi scheme crypto scam services?
Quote
A Ponzi scheme is a form of fraud that lures investors and pays profits to earlier investors with funds from more recent investors. The scheme leads victims to believe that profits are coming from product sales or other means, and they remain unaware that other investors are the source of funds.
[1.] https://en.wikipedia.org/wiki/Ponzi_scheme
Thanks again. I ask why do you think there is no way to exploint their scheme. I have not ask how the scheme work (that is elementary school knowledge). I am probably the worst asker on the world.
Re: Did anyone try to "gamble" with ponzi scheme crypto scam services?
I'm not quite sure what do you mean by to gamble with ponzi scheme? do you mean to invest to ponzi scheme on hoping that you would get a profit? looks like that what you wanted to say. But honestly don't invest or deal with anything that is ponzi related it's really wrong whenever you look at it.
It seems that you understand what I am asking. Thanks. I was afraid that I ask it totally wrong (according to the number of responses NOT answering any of my questions).
However, can you elaborate your reply more? It sounds more like opinion than experience or knowledge.
Did anyone try to "gamble" with ponzi scheme crypto scam services?
I think I do not need to explain what I mean by ponzi crypto scam. Every week I see at least ten new ponzi scheme scams.
They often offer something like 100% interest per 24h (or something similar). They commonly run for quite a few weeks (or months sometimes) before "they go scam" publicly. The obvious idea how to exploit them is to invest something small at the first day, withdraw it as fast as possible and repeat just with the interests from the previous bet (and of course take some money away from every successful round).
Has anyone tried that? Have you been successful? Is this kind of gambling popular/common. Has it name?
They often offer something like 100% interest per 24h (or something similar). They commonly run for quite a few weeks (or months sometimes) before "they go scam" publicly. The obvious idea how to exploit them is to invest something small at the first day, withdraw it as fast as possible and repeat just with the interests from the previous bet (and of course take some money away from every successful round).
Has anyone tried that? Have you been successful? Is this kind of gambling popular/common. Has it name?
The posts above are correct. No matter whether you choose HI or LO, you will always has smaler chance than dealer.
There are some "scam" approaches how to beat this game - you can google it. Those approaches are tempting, but they are build on wrong assumptions. Good explanation why this game cannot be beaten is here: https://elspethrooney.github.io/2020/11/03/hi-lo-games.html
There are some "scam" approaches how to beat this game - you can google it. Those approaches are tempting, but they are build on wrong assumptions. Good explanation why this game cannot be beaten is here: https://elspethrooney.github.io/2020/11/03/hi-lo-games.html