Search content
Sort by

Showing 20 of 74 results by jackpotmaster
Post
Topic
Board Gambling discussion
Merits 2 from 2 users
Re: What is been professional like to you?
by
jackpotmaster
on 24/07/2025, 15:34:37 UTC
⭐ Merited by Accardo (1) ,Peanutswar (1)
You are not a professional unless you gamble professionally for a living like poker players. That is the only thing. You can act professionally, but that is something else and you would just be considered a disciplined amateur. To act professionally you need to check all the boxes like discipline, strategy, bankroll management and such things. If you miss on any of them then you aren't really good at this.

Is been responsible with gambling all it takes to be a professional gambler or someone needs to win in the process many times already to be considered a professional gambler?

I have always win less, no reason to lie but I get curious when I see gambling related posts online about people pointing to some gamblers calling them professional and the only vital point of this all is because they won many times in their own way.

What is a been qualified as a professional gambler in your own world? The winning part or the responsible part of trying to avoid addiction is all.
It has nothing to do about how often you win. It is about professional behavior or gambling as a job.
Post
Topic
Board Bitcoin Discussion
Re: The Harsh Truth: Losing Your Keys Means Losing It All Are You Ready?
by
jackpotmaster
on 24/07/2025, 15:31:47 UTC
It thus requires discipline.

Been wise is you considering the optimal way of keeping your Bitcoin safe, since the journey you are about to begin will take years, it's wise to go the best possible way and that to me is buying a hardware wallet.

Many won't accept this because they want the cheapest way possible which is considered free, but free crypto wallets are software based and mostly not always secured like hardware wallet even when they are non custodial.
People need to be careful, knowledgeable and disciplined in practice.

Hardware wallets are good wallets but there are open source and close source and the advice is always towards open-source hardware wallets.
People need to choose good hardware wallets, purchase it a right way, and use it a right way. In addition, using it a right way includes making a wallet backup properly.

[LIST] Open Source Hardware Wallets
[GUIDE] How to buy a Hardware Wallet the right way.
How to back up a seed phrase?

The best way to secure it is in a physical way and preferably in different places at ones - on metal plates or something that wouldn't be destroyed by time, fire, and so on, imo..
Yes that is right but it does not apply to most people. Most people don't even have fire detectors or insurance on their house or apartment. Why do they need this kind of protection for the small amount of wealth that they have in Bitcoin when they don't even protect their other belongings first? The level of security and backups that you should have depends entirely on the quantity that you own, but if you want to be overprotective you must look at your other life aspects first.
Post
Topic
Board Bitcoin Discussion
Re: your bitcoin is not yours.
by
jackpotmaster
on 24/07/2025, 15:29:33 UTC
i am aware we all have different strategies and goals for our investments but i am sure that a lot of us are planning to hold bitcoin for the long term and it got me thinking what ways could we do to prevent us from being tempted to sell our bitcoins and spend it on unnecessary things

one way is writing off your bitcoins as not yours. that money is not yours to spend. just forget about it. the more you look at it, the more you will just want to sell it especially when you see the value of bitcoin.

do you also do this and does it really work for you?

Seriously, it is not easy to hold Bitcoin for a long period of time, as different things will always cross our minds especially when the price of Bitcoin has increased well and someone has made some profit from it. As a volatile asset bitcoin is,sometimes makes us think that if we don't sell now, the price may drop soon Or we might think we should sell at that particular and buy back later when the price drops. But before we know it, we start spending the money.
I disagree. Holding bitcoin is very easy if you are not greedy and are not tricked by capitalism. You don't need most of the things that you want to buy. Being controlled by the fear of loss of money is also bad but most people are like that. I'd rather see Bitcoin take over the world or I go down to zero trying. The price today is not important.

However, I will say the reason why many of us always want to sell even before the time we planned to sell our bitcoin is because for a lack of trust that many people have for Bitcoin, despite their investment in it. Another point again is that when we use money we may want to use in near future and invest it in Bitcoin, we always want to sell once we see small profits from our Bitcoin investment.But with a good mindset, we can hold our Bitcoin investment for a long period especially when we invest from our discretionary funds.
Bitcoin is something that does not require trust. If you trust or distrust Bitcoin that means you don't know anything about it. It is fear of losing money that has nothing to do with Bitcoin.
Post
Topic
Board Altcoin Discussion
Re: Ethereum Transaction Fee Hits All Time High. 31.22 Eth.
by
jackpotmaster
on 24/07/2025, 15:25:53 UTC
I know that Ethereum Transaction Fee has not been friendly with the users but today's fee cost was abnormal. The fee cost 31. 22 Eth. Which is equivalent to $112,700.

Confirm

When did ethereum's fee not become abnormal? Doesn't it always happen that its fee is abnormal every time there is a rally in its price. And even if for example its price value is falling,
its Ethereum gas fee is also decreasing, I can still say that the charge is high.

Just a few weeks ago before the ETH price rally, Ethereum's fee seemed to be around 8$, it is probably higher now for sure its gas fee I'm sure of that, it might have potential
but the gas fee is really the only concern issue.
It changes a lot because it does not scale good and they built it bad. There are some websites where you can compare the transaction quantity between chains and often newer chains are processing more. Take a look. https://chainspect.app/dashboard

Some data is faked by the chain founders so one must be careful. Like ICP nobody really uses that junk, and in Solana also consensus messages are counted but with a bit of knowledge you can discount it.
Post
Topic
Board Economics
Re: What Does "Being Rich" Even Mean Anymore?
by
jackpotmaster
on 24/07/2025, 13:34:06 UTC
Actually, being rich has a very broad meaning, perhaps some people think that wealth is identical to money, but true wealth is freedom from all things, including health. As long as you don't have debts with other people or parties, you are already in the wealthy class, so what you currently own, such as a motorbike, a simple house, a motorbike, and a small amount of Bitcoin assets, is your wealth.

Health is also wealth that cannot be valued by anything, what's the point of someone having a large amount of wealth if they spend their time just sleeping in the hospital. So having more time will make it easier for you to manage it, such as working, resting and exercising to maintain health so you can continue to enjoy life without feeling anxious.
Let's see what Wikipedia says about the definition of wealth. https://en.wikipedia.org/wiki/Wealth

Quote
Wealth is the abundance of valuable financial assets or physical possessions which can be converted into a form that can be used for transactions.

In popular usage, wealth can be described as an abundance of items of economic value, or the state of controlling or possessing such items, usually in the form of money, real estate and personal property.
Wealth is not identical to money, but money is a kind of wealth. Saying true wealth is freedom from all things including health doesn't make sense. You can't be free from health, unless you mean from health issues? Anyway that does not align with the definition of wealth, which is monetary. You may be confusing the word well-being with wealth, I see this with many people. So yes to conclude wealth is only about financial resources, not about family, not about health or trust or any other thing.

Quote
Well-being is what is ultimately good for a person. Also called "welfare" and "quality of life", it is a measure of how well life is going for someone. It is a central goal of many individual and societal endeavors.
https://en.wikipedia.org/wiki/Well-being
Post
Topic
Board Altcoin Discussion
Re: Why this bull run could be different
by
jackpotmaster
on 24/07/2025, 13:29:18 UTC
The positive speculation on how big this bull run will be is a topic we should talk about a bit more because the nature of the projects getting tokenized these days suggests much greater sustainability.

Take ZKWASM for instance, an open-source infrastructure that integrates ZK proofs with WebAssembly to enable scalable, privacy-preserving on-chain computation.

This innovation by Delphinus Lab has been live for over two years and even has backing from Binance Labs and OKX Ventures.

And now their ZKWASM token is going live centralized exchanges like Binance, Bitget, and OKX and it's hard for me to imagine its performance being perceived negatively.

My main point here is that we are getting more tokenization from projects with real utilities and this might be the spark that lights a very long bull run.
Yet another useless project like many before them. Do you think that anyone in the real world actually cares about this? Maybe 1000 people out of 8 billion in the world would care about ZK proofs with WebAssembly.  Cheesy There are enough projects on the market. People need to quit their greed and learn to contribute to existing projects which are more superior than starting more shitty projects.
Post
Topic
Board Gambling discussion
Re: When gambling what do you measure? Luck or chances?
by
jackpotmaster
on 24/07/2025, 13:27:40 UTC
I mostly go with the higher odds with the bets that I make. And that is a combination of thinking that I might be lucky to win those matches and as well as I am taking chances. I'm not just betting blindly without doing some little bit of analysis. So, for me the measure that I do are both but if there is only one choice to make. I am taking my chances. What if the chance that I am lucky with those high odds that I am about to bet will win?  Tongue
People might get confused to that and say that there is not that much difference for both of them. But as a gambler, we know that at most times we just take chances.
Well I think this can be more entertaining if you are truly playing for fun. Many people say that they are playing for fun but they are just lying so that they don't admit what is actually going on. I also sometimes like to make a very weird ticket and then observe what happens, that is much more interesting than just playing mostly on favorites and expected outcomes.

Post
Topic
Board Altcoin Discussion
Re: Everyone talks about "utility" in crypto…
by
jackpotmaster
on 24/07/2025, 12:34:23 UTC
A lot of these guys copy the same methods whitepaper, roadmap, etc. The only problem I see is the altcoins all did that the first time around and most failed and cut bait and ran.
Who is more at fault, the snake oil peddler or the one that is buying from him? People don't understand what utility is, but they gladly nod their heads when someone else talks about it pretending to understand it. That's why it is so easy to scam them, it is pretty much only their own fault.
Post
Topic
Board Altcoin Discussion
Re: Ethereum Transaction Fee Hits All Time High. 31.22 Eth.
by
jackpotmaster
on 24/07/2025, 12:32:40 UTC
It is a shitcoin just stay away from it.

From the very beginning we started to have so many Ethereum competitors and Blockchains which claimed to the Ethereum killer, always because of the way fees had increased in the main Eth network. Though, I am more inclined to believe this is rather the result of a person trying to catch the attention through using a disproportionate fee for a small transaction, it would not be the first time I have seen something like that.
So far, in spite of the high fees, Ethereum has managed to keep a high volume of transactions and those Ethereum killers have not been able to surpase the market capitalization of Ethereum.

That's because most ETH competitors are new and widely-unproven. Investors prefer the stability and reliability of the Ethereum blockchain, even if gas fees go all the way to the moon. Just like it's the case with Bitcoin these days. So no matter how fast or cheap the competition is, they'll never be able to beat the "King". ETH enjoys first-mover advantage on the market, anyways.

For those seeking the "best of both worlds", there's the option of using an L2 network built on top of the ETH blockchain. Base, Arbitrum, Optimism, etc. allows anyone to keep using ETH at a cheaper cost. I hope more people discovers this for the ecosystem's one benefit. With cross-chain bridges and atomic swaps becoming a reality, L2 networks will have a better user experience. We'll see if gas fees on the main ETH blockchain will remain low forever. Only time will tell...
BNB and Solana are unproven? Are you joking or you just just a lost ETH bagholder?
Post
Topic
Board Altcoin Discussion
Re: Why Most Web3 Games Fail: Broken Loops, Weak Tokenomics, and No Lore That Matter
by
jackpotmaster
on 24/07/2025, 12:31:34 UTC
A video game does not need a token and neither do many different types of projects in crypto. It is flawed from the start. Sell equity if you want funding, don't print tokens for free and then sell them.

Many crypto games are just a stacking pool with a game interface, like plants vs undead, or the one with the spaceships (I don't remember the name). People buy the scam token, play the game, and devs are cashing out the USDT. The token lose all its value in a few weeks.

I'm surprised that games like PUBG, CS2, LOL, Valorant are not using some kind of crypto to trade skins, but I guess there must be some legal wall.
They suck and just exist to drain money from naive investors.


Valid take — and I’ve heard the same frustration from many teams, especially after watching project after project burn through hype cycles with no underlying product or system.

You're absolutely right: not every game needs a token, and in some cases, tokenizing too early (or for the wrong reasons) does more harm than good. If there’s no gameplay utility, no economic loops to sustain it, and no governance role – it’s just another vehicle to extract value and disappear.

That said, tokens can work – but only when they’re tied deeply into the systems layer. Not just a currency, but part of how players interact, compete, trade, and progress. We’ve worked with teams that approached it more like designing an in-game resource economy – with emissions, sinks, sinks that evolve, and even hybrid monetization that doesn’t rely on token sales.

Equity and traditional funding absolutely still make sense, especially when the token has no real utility yet. But if a team is going the Web3 route, they need to treat the token not as a shortcut, but as a system design challenge – no less serious than progression or matchmaking logic.

Appreciate the candid view – conversations like this help push the space toward more mature and grounded thinking.

— Dmitriy | dimtiks.com

We are in some agreement here even if my view is a bit more strict than yours. A lot of web3 mistakes come from inexperienced project owners trying to get rich this way. The future is not going to be some world where people analyze and trade tokens and NFTs all the time. Neither a world where people participate in Discord and Telegram and such. Real people are too busy to invest so much time in a single project unless they are half addicted gamers who don't do anything else.

A game must have token economy embedded in itself, and preferably it should have very little exposure to crypto at all. What I mean with that is that an average user should be able to come and play the game without even understanding that the game currency is a real crypto token at all. If you build a good game where the in game currency is the token and you add some burn mechanisms, utility is already there. What I have seen web3 greedy games do is introduce another in game currency which can be bought with traditional money, so stupid.
Post
Topic
Board Gambling discussion
Re: When gambling what do you measure? Luck or chances?
by
jackpotmaster
on 23/07/2025, 21:47:26 UTC
I mostly go with the higher odds with the bets that I make. And that is a combination of thinking that I might be lucky to win those matches and as well as I am taking chances. I'm not just betting blindly without doing some little bit of analysis. So, for me the measure that I do are both but if there is only one choice to make. I am taking my chances. What if the chance that I am lucky with those high odds that I am about to bet will win?  Tongue
People might get confused to that and say that there is not that much difference for both of them. But as a gambler, we know that at most times we just take chances.
I think a good balance must be had with higher odds. If people play odds that are too low that is a mistake and causes more risk on those picks. Also if people play odds that are very high that is just hoping for blind luck to hit successfully. In general finding middle ground improves the risk reward ratio for the ticket. Sometimes you can add a extremely risky bet to improve the total odds but that is only if you are aware of what you are doing or are putting in very little money on the ticket.
Post
Topic
Board Economics
Re: UK government fools will sell the bitcoin
by
jackpotmaster
on 23/07/2025, 21:44:54 UTC
In the fucking shithole that the UK has become in the last decade, with progressive impoverishment of society, massive immigration, a two-tier justice system or expulsion of talent and wealth, we only needed the icing on the cake.

The UK Home Office is preparing to sell a massive stockpile of bitcoin seized from criminals, potentially netting the Treasury billions to address budget pressures, The Telegraph reported this weekend.

As if £7 billion is going to solve anything within a deficit of £164 billion. Let's see if it becomes a third world country for once, since they are working so hard for it.

Well, I think there might be laws in place on what the government must or must not do with assets that have been seized from criminals. I doubt they can willy nilly decide to simply hodl in hopes of speculation gains. Personally, I am ok with this. The Bitcoin goes back to the people and the price will go down, which means cheaper Bitcoin available to buy. Although considering the amount being sold off, I doubt it will have any kind of significant price impact.


The law can be changed to adjust this so I don't see how this is a real argument to justify this bad behavior.
Post
Topic
Board Economics
Re: What Does "Being Rich" Even Mean Anymore?
by
jackpotmaster
on 23/07/2025, 21:43:36 UTC
I used to think being rich was simple: big salary, nice car, maybe some Bitcoin. But as I grow up, I am not sure anymore

In some countries, the numbers are enormous (such as Singapore, Switzerland), and yet everyday life is stressful: long working hours, high rent, and a lack of free time. Meanwhile, other countries such as Norway and Germany are working on making life easier to ordinary citizens: less work, more leisure time, healthier, more trust

I see more and more people (including me and my friends) wondering: Is all the money worth anything when you are tired, stressed, or anxious about the future? In others, youths are unable to secure decent employment and resort to crypto to stay alive, such as in Nigeria. In Guyana, new oil money is helping some, but only if it is managed well
Having big salary?
I think that was never something to consider being rich in today’s economy.
This is not being rich you are right. There was a golden time where getting a 7 figure salary was considered the dream and you have permanently made it. These days no salary except extremely top earners guarantee you anything and it does not make you rich.

Everything in this era has totally change because of how the whole world have change even the meaning of being rich, high rent, high rate of taxes, inflation and lot more are the factors that determines being rich in today’s world.
In today’s world being rich means you own a house, being able to pay taxes without affecting ur wellbeing budget, and having freedom.
Having alot of money doesn’t matter in today’s world,  if u don’t have freedom and if you can’t make the money work for you.
The world is sure messed up and took a turn for the worse in many ways.
Post
Topic
Board Gambling discussion
Re: When gambling what do you measure? Luck or chances?
by
jackpotmaster
on 23/07/2025, 19:35:36 UTC
Different gambling activities have different chances attached to them and when I mean chances I am referring to the probability you have for actually win the bet or hit the jackpot in games like crash and slots. This is basically because sometimes unrealistic bets can sometimes play out as a win and some other times bets that have a high winning chance can eventually become the losing bet.
Some people are just very lucky but it also depends on the quantity of playing. If you play a lot and I mean for long and lot then this increases your chance of having a lucky even one day. Technically the more you play the better your odds are of this happening.

I believe people who gamble on sports may understand this better since sometimes in sports betting some gambler's prefer to go for the smaller odds that usually have a higher winning chance and sometimes they can still end up a losing game however some prefer to go for the big game with big odds and smaller winning chances.

What's usually your pick as a gambler since sometimes some persons are luckier than others?
A lot of people actually make this mistake, adding a few smaller odds games to their ticket and this ends up destroying them. A lot of people don't understand that betting on something with very low odds is a mistake. It creates a big risk for little potential game. Every now and then the huge favorite makes a big mistake and your otherwise perfect ticket ends up being a loser. There must be a balance between risk and the multiplier for the profit.
Post
Topic
Board Economics
Re: UK government fools will sell the bitcoin
by
jackpotmaster
on 23/07/2025, 19:25:21 UTC
I see no foolishness here, and we should weigh the situation carefully before passing judgment. It mustn't be Bitcoin all the time before countries can be progressive, and they have gained enough holding this stash for this long. Something must pay for the budget and government obligations, especially this time that the UK is now preparing for unplanned self-militarisation. This is actually free money. Besides, the UK still has investments all over, so what?
Then you don't understand Bitcoin's economics or the problems of the UK. This is complete foolishness and utter stupidity. Instead of fixing the government waste and inefficiency they are selling the best asset in existence. Do you know who was also not foolish? Bulgaria being stupid sold all of its BTC and took IMF loans afterwards. Instead they could have paid back their whole national debt if they had kept it.

https://cointelegraph.com/news/bulgaria-bitcoin-sale-could-have-erased-national-debt
Post
Topic
Board Altcoin Discussion
Re: Do you think we’ll ever get a break from all these meme coins?
by
jackpotmaster
on 23/07/2025, 19:23:06 UTC
As long as projects owners stands to make profit from the meme coins projects they are developing, they will continue to develop more memes because they already know how much they are going to get inside. It's not all of them that has a good intention towards their investors, it's only experts who knows their tricks that will make profit because they know how to enter and exit. Always have an exit plan if you are investing in memes because the developers and the whale investors also have their exit plans.
It is not so much a problem of creators it is a problem of users. If nobody buys it nobody will create it. It is easier to educate people because there is no way to stop somebody from creating these projects.
Post
Topic
Board Altcoin Discussion
Re: What to do with your SOL? Stake, restake, or just hold?
by
jackpotmaster
on 23/07/2025, 18:56:42 UTC
Never gonna trust staking where they put my money into the custody of their contract, who knows if there's zero day exploit.
I'm sure even centralized exchange staking is a lot more safer than decentralized staking since the centralized exchange staking are bound with regulation relating to the custody.

I will only stake in a DEX if the annual return is more than 100% so it's worth the risk.
I feel the same way, that is why it is good to only stake at the protocol level. There is no contract and such exploit can't happen. If the whole protocol is hacked then the coin is gonna crash hard anyways so it is not a big worry. Some networks also have fast unstaking so it is even less of a problem. Even with Solana 2 to 3 days is not that bad.

Yes, Everyone has their own strategy and comfort zone - focusing on BTC and ETH as core assets is definitely a solid and proven approach. I’m exploring other options like SOL just to better understand the market dynamics and potential use cases, but it’s true that timing and long-term vision matter most
ETH has bad price performance and 1 transaction can make you lose everything you own, so it is not a solid approach. It is very risky.
Post
Topic
Board Bitcoin Discussion
Re: Bitcoin does not discriminate
by
jackpotmaster
on 23/07/2025, 18:53:57 UTC
I don't understand. Was it the card company that rejected you and didn't let your transaction go through, or the company providing the domain that didn't accept it and refused to provide services to you? If it were the latter case, I don't see any relevance to Bitcoin and it giving equal importance to eveyone, because it was the company that refused to provide their services to you probably because of the region you come from, and they must have regional restrictions or may have had bad experiences from other people from your regionn in the past.

Discrimination is something done by will, and it's mostly done by humans, Bitcoin is a decentralized payment system, so it would obviously not care who is the person behind the transaction because its job is only to get the transaction confirmed as long as it meets the criterian required. The miners don't have the right to reject specific transactions within a block as long as it contains enough fees and everything required for it to go through. That's the beauty of Bitcoin, it's truly decentralized.
It has relevance even in the latter case. Services that accept Bitcoin and other cryptocurrencies often do not care about your identity unless it is required by the law which for most things it isn't required. Because of this you are less likely to face any kind of discrimination, the company simply does not know or care who you are. This is not the same with traditional payments because even if they don't ask for a name to be put on the account itself, there is a name on the credit card and that can't be avoided. 
Post
Topic
Board Altcoin Discussion
Re: Do you think we’ll ever get a break from all these meme coins?
by
jackpotmaster
on 23/07/2025, 18:52:32 UTC
Investors’ greed has no break as long as there is demand in the market; the memes will continue to get hype. What makes memes in demand is that there is a market, promoters, and exchanges willing to support them; they don’t care about usability.

As long as there is an attractive narrative, promoters will hype it, whales will support it, and investors will sustain it. Memes are risky investments, but we have more types of investors who are willing to take the risks.
The greed has a stopping point and that is massive financial losses. Some people can't be taught a lesson any other way. You can warn them many times, you can show them examples but nothing works. Once they personally suffer massive losses in a memecoin scam at least once or even more times they will start learning their lesson.
Post
Topic
Board Bitcoin Discussion
Re: Bitcoin does not discriminate
by
jackpotmaster
on 23/07/2025, 18:09:06 UTC
He'll have to ask the card co what happened. African card holders buy online things every day they don't get blocked so his domain purchase shouldn't have been rejected. He should ask the card co why they didn't let him buy the domain.
He didn't give detailed explanations on the process he took trying to buy the domain and the kind of card he used or which provider he was dealing with, but we get the message he was trying to pass. Bitcoin extended the opportunity of doing business across international boarders without interference from government or requesting any layer of verification causing limitations. For any cross country deal with Bitcoin payment option, it is considered the best selective option.
It doesn't even matter about this particular case the general idea is what is more important. Many people don't realize that this happens all the time and every day for many people in the world. Sometimes even temporary outages can block you from important services. Other times it is technical bugs with compatibility of merchant implementations. With Bitcoin it is much easier, an address and an amount are generated and you send it from wherever you want. There need not be special implementations relating to merchants, banks and processing companies. Further discriminating users in advance is never a good thing.