12 000 pachinko owners would like to disagree with you. Also: https://www.bloomberg.com/news/arti...gambling-addicts-stand-in-way-of-first-casino "Lawmakers are putting together an anti-addiction bill that must be passed before the first casinos can open their doors. In doing so, they must balance between safeguarding economic benefits from gambling establishments -- including the $200 billion pachinko industry -- while addressing the concerns of casino opponents who fear they will spawn a new generation of addicts." "Gambling in Japan turns over more than 27 trillion yen ($244 billion) annually, replenishes local government coffers and employs about 300,000 people -- many of them in regions where jobs are relatively scarce. It’s legal to bet on publicly run horse, boat, motorbike and bicycle races, plus lotteries and football pools. Horse racing alone generated 283 billion yen ($2.6 billion) for the central government in fiscal 2015."
@Pekelo, I'm not saying there are no gamblers in Japan... there are people that like to gamble everywhere. We've got the Melbourne Cup coming up this Tuesday, Aussies go nuts over that... I'm doing an office sweep-stake. But the Chinese are another league IMO. And the Japanese are known for their business-like thinking and also their savings-thrift.
I got curios about the biggest gambler nations, so: https://www.economist.com/blogs/graphicdetail/2017/02/daily-chart-4 There are 2 ways to measure, losses per capita or all over revenue. Japan is the 3rd biggest market and Australians lose the most. Almost 1K dollars for every person.
Yeah I know... we're pretty backward over here... bookies have massive odds advantages. And we have the 'pokies'... where the dumb and ignorant pour their government funded cheques in the machines hoping to hit 6 in a row.... and miners, they probably like to gamble a bit as well... since in the outback there's not much to do besides going to the pub and betting on the races and the footy and the (used to) have plenty cash ... That's probably the biggest loss-making... going to the pub drink yourself stupid and put whatever cash you have in your pocket on purple...
So for the record, the dividend has been canceled: The price shot up to an ATH of $7888 then dropped 10% in the next hour. Now bouncing back... If someone knows what happened to the SW2X futures, let us know...
I believe the 2 futures X1 and X2 were backed by Bitcoins. So now the thing doesn't materialize everyone gets its BTC back (if you still have equal X1 and X2). But it might be more complicated than that (what if you sold for Fiat, or bought with Fiat ??).
Is that chart the same as the futures? Ouch... This guy figured out they would cancel because BCH was going up when all the alt coins were going down (everyone wanted the free dividend):
I just found this bit re BTC vs Bitcoin Cash (before the cash split)... apparently they are all calling each other scammers... how funny is that. Careful Where You Read: Censorship Is Rampant One of the biggest problems with the BTC versus BCC debate is that censorship is rampant. One of the internet’s largest bitcoin communities, Reddit.com/r/bitcoin, has been actively removing any comments mentioning BCC as the future of the bitcoin blockchain. The website’s competing subreddit, /r/BTC, has become an uncensored hotbed for BCC discussion. If you want to get an informed update on the latest news in the BCC versus BTC debate, make sure you check multiple sources. It’s important to note as well that both sides are calling the other scam artists, or mentioning ties to shady organizations. The BCC supporters seem to believe SegWit2x supporters are all paid by corporations, while SegWit2x supporters seem to believe that BCC is a Ponzi scheme. As with anything on the internet, take everything you read with a grain of salt.
So... everybody piles into it because the split is coming... then it's cancelled and it goes up further. https://www.bloomberg.com/news/arti...-record-on-speculation-possible-split-avoided No matter the news, they spin it that's it's a good thing... so... what's the deal? Nobody knows? Any news is good news, more coverage is good. That's pump-n-dump tactics... just pumping pumping pumping pumping pumping