~snip~ Mainstream media is now rejecting Biden. And no one can blame them seeing how unfit the old man is. He was even acknowledging the numerous state secrets he had sold live on TV and everyone besides him had the funniest reaction, no one did the face palm though. https://www.youtube.com/watch?v=YVIe3AvvDPUTrump also got the viral audio recording where he discussed classified docs he held on. https://www.youtube.com/watch?v=qIDdrFjHh0oBoth parties need a new representative for the 2024 election. But if both of them insist, I think Trump will still win. The audio recording of Trump was quite interesting to hear. When are we going to get the results of this whole thing? |
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~snip~
Playing for the national team is not that rewarding in terms of finances, but most of the players give priority because of a sense of patriotism. You can't ask anything more from Messi, because he has already proved his patriotism by winning the world cup for Argentina after a long gap of three and half decades. Now it is the turn of some of the younger players to take that responsibility. And Argentina has no shortage of talent. Some of the younger players performed exceptionally well during Qatar 2022, including Alexis Mac Allister, Julián Álvarez and Rodrigo De Paul.
Yeah, I think that's a fair thing to do. Messi already conquered everything there is to conquer in football, now it would be great if he gives the opportunity to the next generation. If he wants to continue playing he will take the spot for the next great player being recognized. |
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~snip~
That's because a temptation to keep gambling makes them continue to gamble. They will see more promotions coming up to make them curious. Curiosity triggers them to try to get it by depositing more money. They are not aware and continue to play gambling as usual, but all that exists is that they experience defeats that can even exceed their budget or limits. In addition, the desire to repeat gambling games will pull them deeper into gambling, and eventually, they will become addicted to gambling.
The key is to know when to stop, and for some people to know to never start. The painful moment is when you have to stop because you don't have more money. And that can be a huge problem for many people, unfortunately. |
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~snip~
The best way to defeat the fear and panic that comes from Exchanges (Centralized or SDecentralized) being attacked in the news is to keep your funds in your wallet. I believe this is why it gets repeated time and time again that if you keep funds in an exchange platform; it is not yours!>
Also, one exchange especially a reputable one going down is enough to cause fuds and force weak hands off their hodlings; it is only natural. Bitcoin is here to stay, bitcoin is going to be around for a very long time too.
Finally, i care about binance and other reputable cex haha; they are the safest source of p2p for me.
Companies, like exchanges, come and go over time. Bitcoin, on the other hand, is here to stay for the long term. If you keep your bitcoin in your own cold wallet, it will be there tomorrow, and in the next few years. If you trust your bitcoin with a third party, well, anything can happen, and you are not guaranteed to see it tomorrow, or in the next few years. The reason why the company doesn't have your bitcoins will be irrelevant, it can be many things. |
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~snip~
This has a point. I rarely hear that someone is addicted in sports gambling. Most of the time, players get too much caught up with luck based games. Since luck based games such as slots and roulettes are not that complicated, it's much easier to access and play whenever and wherever. There's no need for an event to come up just to be able to play and bet. Unlike in sports betting wherein the gamblers have to wait a specific time frame in which the sports match will commence before they can make a bet. And with this being said, it's not going to be an everyday scenario for them which just basically puts them into lesser probability of getting addicted to gambling.
In sports these days you can bet on anything, worldwide events are happening all the times, 24/7 because of time zones. There's no shortage of sports betting if you want to bet on anything. |
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~snip~
When we are considering the rich gamblers in this regard, we must not forget that they all existed in ranks and categories also, there are rich fellows that whenever they step into gambling and get addicted with it they run bankrupt over time because their financial source is not firmly constant and steady and the money they have is not a long and sustainable means of financial riches, while some people will have money, abuse it, got addicted to gambling and also spend the money as they like without adopting any control measures and yet their source never run dry no matter how they spend on gambling even though this kind of category of gamblers aren't common at all.
Yeah, well, if a rich person that has, let's say a huge income all the time, they would go to the casino, lose it all, but then they get a "reset" the next time they get paid, and they might continue doing so. The thing is that, usually they realize that their behavior is not sustainable and change course. They were able to get themselves into a rich position, so they understand how things work. Not many rich people gamble, and the ones who do, end up not being rich soon enough. |
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~snip~
Generally withdrawals and are instant if the network fee is 100℅ likely to be accepted and does not have RBF (replace by fee) enabled within the transactions. The main problem are fees and lack of privacy, since you are in a public place. The moment you go to a Bitcoin ATM, you open yourself up to the public knowing you have both cash and Bitcoin on you. That's a large risk. The next problem is the generally exorbitant fee that comes with using them.
There are limits though, so a Bitcoin ATM is not that different to a legacy ATM. I would say most people are comfortable to go to a cash ATM, so they should be comfortable to go to a Bitcoin ATM. It's just what's funding the cash withdrawal that is different. But yeah, the fees are crazy. Although it's the price of convenience. You might use them from time to time when visiting a new country, that's fine. For everyday transactions of course there are better ways. |
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~snip~ Messi has already announced that he will not be a part of the 2026 World Cup, right? https://www.republicworld.com/sports-news/football-news/messi-confirms-his-plans-for-fifa-world-cup-2026-retirement-articleshow.htmlThe Argentine management is still hopeful of convincing him to take part in the tournament, but I don't think that they will be able to do so. I guess Messi doesn't want to end up like Ronaldo, who endured a lot of humiliation during the 2022 FIFA World Cup. There is no dearth of talent in Argentina and a lot of younger players are there who can replace Messi. But then, Messi was a legend and those who are going to replace him will find it extremely hard to fill the vacuum. The only way that I'm expecting to see Messi in the 2026 World Cup is through an ad And I'm sure he'll make more money from that than actually playing  |
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~snip~
What you mean is true but there are also some people who can control gambling so they can minimize losses and collect wins but only a thousand to one can, for example several big businessmen get together to play poker and of course you know that poker does not entirely rely on luck to win but also has a big factor of dexterity and ingenuity in using playing strategies so that opponents can lose or make mistakes when deciding a step in the game.
But this can only be done at land-based casinos, not online casinos, because in online casinos gamblers play live.
Right, but I think casinos still charge you a fee to play Poker against other gamblers. In that case, there might be a slight edge to win against your opponent, but it must be large enough to cover the casino fees. Plus, that of course assumes the person you are playing against is worse than you, which might not be the case. Assuming both players are equal, then the expected return should be 0, but then you have the casino fees, so expected return is still negative in that case. |
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~snip~
One thing about the Bitcoin market is that it always goes with the trend, which is why the price is always affected whenever there is bad news, just like you said about FTX. When you tell people that exchanges are not safe to keep your money on, people don't believe you. What happened with FTX should be a lesson to many.
People who do not learn will continue to deposit their money in exchanges because they believe it is safe and easy to transact with, which is why they constantly keep their money there.
History repeats itself. Mt.Gox should have been the only time when this happened, and people should have learned and realized the dangers of leaving your bitcoin in exchanges. Instead, people continued leaving their bitcoin in exchanges and they kept collapsing. This will continue to happen in the future as well. |
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~snip~ There will be many people who always say about the importance of self-control but for me it's not that easy.
Because someone who is going to gambling for the first time, they are not aware that sometimes getting big wins is like luck, even though it is a trap to continue gambling with the ambition of getting bigger, but subconsciously the money will continue to be sucked in and lose after that, regret it.
This is the beginning of a person's addiction, which is a feeling of disappointment and after that they chase their defeats.
So if it's like this someone will find it difficult to control himself because in his mind there is always winning and winning. That's what an addiction is. It's similar to many other ones, like alcohol for example. People start drinking, and slowly drink a bit more without realizing the damage they are causing, because at the moment it feels good to drink or gamble, but then after a while they realize that they have lost all their money. |
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~snip~
And I think that is what happened during the presidential election that give Trump his first Term, Trump was a bad candidate in terms of policy and Hillary was not popular enough, even among democrat voters. Bernie had more lefty ideas which managed to capture a good percentage of the democrat voting base, but in the end, he was left out the race.
It is sad that in today's politics, it is not longer unacceptable to say things like Trump does or even Biden does. Normal politics and diplomacy is missed by many, i am certain...
I wonder if presidents like Abraham Lincoln, George Washington, Franklin D. Roosevelt, or Theodore Roosevelt would be popular in 2024. The United States is a completely different place these days compared to when they were presidents. |
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~snip~
That’s how gambling games design. House edge is the thing that makes it a reality because casino always have the advantage on every bet that you will place so it’s really disadvantageous to bet long term because those small percentage of house edge will get bigger if you play tons of bets and you can add up a losing streak.
Gambling purpose is for entertainment just like what responsible gambling terms stated by every casino. Casino is not a source of income.
Absolutely right. It's kind of like alcohol, it cannot be the only source of happiness and fun in your life, otherwise you would be addicted to it. |
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~snip~
Greed is everywhere either someone is poor or rich but i think rich people have more. when rich have already money to fulfill all need and also luxury item then why he taking risk to double income. i know many people in my area who lost even house and land and now has nothing.
You gave an example of how rich people lost everything. Yes, that's exactly what I meant. No rich person keeps being rich if they gamble. Rich and poor alike will be faced with the same maths, which is basically negative expected value. That means that you will end up with less money than what you started with. |
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I have never seen a Bitcoin ATM machine before. Bitcoin is not accepted at all in the country I live in. For which no bitcoin or crypto is transacted in my country. Bitcoin is not officially legal in my country which is why there are no Bitcoin ATM machines either. But currently Bitcoin ATM machines are being used in different parts of the world. It's very easy and cool to trade Bitcoin in different ways through ATM machines although I've never done it. But I have a dream that one day I will use Bitcoin ATM and fulfill my feelings.
Bitcoin ATMs usually have a large fee, so think of them as convenience stores. It's much cheaper to exchange your Bitcoin at a local exchange where you would pay a lot less in fess, but again, that would require having a local bank account, which might not be possible if you are just visiting a place for a few days. |
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~snip~ But taking too much risk by implementing someone else's strategy is one of the wrong ways for me.
I admit that big wins will come for someone who dares to take risks, but the problem is that the strategies given by other people are sometimes not right.
If this fails it will be a valuable lesson but I prefer to use our own strategy with lower risk. It doesn't matter who "invented" or told you about the strategy. It's all just maths in the end and the expected value of gambling is negative, no matter what you do. This means that in the long term, if you keep betting, you will lose money. The only way to win against the casino is to stop forever after you win a large enough sum that covers all your costs, but the probability of that happening is extremely small. And after a gambler wins that big they are usually very excited and continue betting until they lose it all. |
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~snip~
Your input on the potential bending of rules by nascent casinos illuminates the unseen power play in the online gambling sphere. VPN rules, seemingly protective, can have a murkier undertone. Their misuse by casinos, particularly to refuse payouts, is a clear red flag for unwary gamblers.
The legal struggle in Australia underscores this predicament. It reflects the duality of responsibility—gamblers should abide by the rules, and casinos must act with integrity and transparency.
The online gambling world is a minefield of known and unseen risks. This disclosure definitely deepens our comprehension of these risks.
Seems pretty clear to me. If you live in Australia you are not allowed to gamble in those sites. The casino most certainly has some kind of disclaimer that states that. If the gambler chooses to bypass this by setting up a VPN to show that they are playing from another country, then the responsibility clearly should be on the gambler, not the casino. The problem is that the money the Australian gambler is paying to the casino to play shouldn't have been received by the casino either, but that's what the gambler did, basically telling the casino they were from another country, which for the casino should be alright. |
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~snip~
Not really the case when it comes to gambling as it's all the same whether you're rich or poor. As a poor then of course your bets will not be as huge as the rich can afford when it comes to betting because in most cases, the bigger money, the bigger bets as why would you bet small if you can always afford the bigger ones as that will give you more profits.
But talking back to the topic, it's just impossible to generate $100 dollars from doing gambling everyday as you cannot guarantee yourself that you will be that lucky everyday to maintain your profits from the bets you're taking. As we know, we have more chances to lose than winning as the advantage always belong to the casino itself.
No rich person gambles at casinos. At least they won't be rich for a long time if they do that. The largest number of people that gamble are actually quite poor. They usually do this to buy the hope to become rich. Ironically they end up even poorer. |
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~snip~
I meant with a lottery you won't indulge in constant purchase. You get either one or a few opportunities to participate. With a slot you can continue unless you are out of you investment. Lottery does not give you that opportunity. You can only invest in it to a certain amount and that doesn't hurt my finances. For example, I won't be allowed to buy multiple tickets in a lottery unles they have other criteria. I still would not be able to buy all the numbers at once if they allow. That is what I meant.
It is kinda the same though, at the casino you buy the ticket when you get credits. Then when you're out you can buy more credits. You can do the same with lottery tickets, you just buy another one. |
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Worrying too much about a problem will make your decisions more chaotic and complicated. So don't put too much importance on waiting for a good price because not everyone is lucky enough to wait and buy at a good price. With your income, you just need to properly allocate investments compared to the price you paid at that time. In addition, you should also need a data sheet for items when investing and have a little more knowledge related to this field. In case the market is not good, you should still have a backup plan. According to the majority of people, DCA is still the most optimal method for investments today.
There is simply no way to know if DCA or lump sum is better. Because basically you cannot predict the price in the future, so you will never be able to know if it was better to lump sump. One thing to consider is that DCA might have more fees than lump sum. |
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