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1641  Economy / Gambling discussion / Re: [Boxing] Naoya Inoue vs Paul Butler - Undisputed Bantamweight Bout - December 13 on: October 14, 2022, 01:31:32 PM
Paul Butler probably knows that already that's why he is just taking an advantage while he can earn because there's really no way that Butler can give Inoue a hard time especially with the monster's current abilities. Butler may have a delicious odds on this fight but I doubt it will tempt the bettors because his chances are almost near to impossible, Inoue via knockout is much better rather than betting with a decision with low odds.
I guess even the Inoue to win by KO odds are still very low unless we will make it harder like guessing what round Butler will go down. As of now, it's still hard to decide since we have not seen the betting odds yet, so we can be a little patient while continuing to be optimistic that nothing can stop this fight from being postponed or canceled.
1642  Economy / Gambling discussion / Re: 2020 Philippine Basketball Association betting discussion on: October 14, 2022, 12:38:29 PM
What an upset, after Ginebra beat Bay area Dragons, now they lose to the Phoenix.

Best player of the game is Tyler Tio, I think this is his 2nd player of game award, and as a rookie, this guy really deserves the recognition.
Ginebra is very unpredictable now, they already have two losses this conference so far, can we still expect them to be a great contender of a championship?

That upset gave me a good winning tonight.



I'm with Ginebra in this game, but since i was not able to bet on pregame, I just took a live bet on the other side. Not even watching this game as I was thinking Ginebra will just dominate, and that upset happened.
1643  Economy / Gambling discussion / Re: [Boxing] Crawford vs Spence on: October 13, 2022, 03:08:02 PM
I share the same view, this fight won't happen this year just like what they first forecasted it because in the first place, if they want to make the fight happen then both camps should've done the right thing and wouldn't make the discussion so long. Maybe it's time for Crawford to face another boxer while their discussion between Spence's camp is blurry.

Crawford might be the first one to fight in super welter because I heard Spence have his mandatory fight if this won't happen.
I read some articles about this and it's interesting to see some ex-boxers talking about it like Bradley said a while ago who said the same thing because they won't be fighting this year.
And I think this is quite reasonable because even though there will definitely be some hype about this that will be raised but when you see that it is now at the end of 2022 then indeed the opportunity to fight for this year is a little difficult and maybe next year it can still happen if one of the camps does not avoid it. again Grin

Actually about this fight my expectations were too high and I had too much hope so that it was destroyed and I personally feel disappointed, but indeed this happened because of my expectations so that when they decided not to fight it was difficult for me to force.

There's not enough time for training anymore, so this fight is not gonna happen this year, however, it would be better if we will know when it will happen so our effort of hyping the fight won't be wasted. As a fan, we like to see this undisputed fight, both fighters are great, so it's definitely a great entertainment for the fans, they just have to agree on the split, or they should not be afraid to risk their undefeated record.
1644  Economy / Gambling discussion / Re: 2020 Philippine Basketball Association betting discussion on: October 13, 2022, 02:43:29 PM
Breaking news about Jason Castro, he signed a three-year contract extension for TNT.
(https://www.spin.ph/basketball/pba/jayson-castro-signs-three-year-tnt-extension-through-2025-a1374-20221013)
He deserves it and probably he's seeing himself retiring for TNT and hopefully TNT will give him another opportunity after that, if ever he decides to retire.

He deserved this contract extension and I think this is the management's way of thanking him for leading the TNT franchise to countless battles and also giving them championships. It is also good to know that they didn't trade him for younger players like what SMB did to Cabagnot and Santos.

I thought that PBA doesn't have a scheduled game tomorrow as no odds are listed in my favorites bookies for PBA games but as I checked the PBA website, there are two games scheduled tomorrow, Blackwater vs Terrafirma and Ginebra vs Phoenix.

The amount is not stated I believe, it's not as transparent as the NBA but for sure it's still a good amount for a veteran and still the leader of the team. Castro approach in playing now is still very effective, he does not play plenty of time, they just save him for fourth quarter big run to win.

Yeah, the amount wasn't stated in the article but it should be a decent amount as it was Castro who lead the team in the previous season. Although they failed against the SMB in the finals but it was very evident how good Castro was, so it's a well deserve contract, hopefully he won't have injury problems.
1645  Economy / Trading Discussion / Re: Earning From Trading Without Any Professional Knowledge on: October 13, 2022, 08:00:08 AM
I do want to know if it's possible for a starter to gainfully earn from Crypto trading without having to go through a professional training.
That means you gamble and try to test your luck by making trades that you don't know how to work. No wonder many beginners want to make money fast but don't want to go through the crazy process. Usually the person is lazy, hopes to get rich quickly, without skills, and ends up trapped in a trade that turns out to be gambling. Don't get me wrong sometimes the hype of crypto trading makes you forget that any kind of trading requires knowledge and you just have to look for it either for free by reading articles, watching explanatory videos, or taking paid classes. Because at least the knowledge base makes every decision unhurried and hasty. You drop money for a certain period of time, remember everything is a process and crypto trading is volatile so don't just hit the buy and sell button if you don't really know how the market works.
Trading could somehow be link into gambling most particularly for newbies who’s up to quick profits and just trade even without the knowledge and skills acquired. And so they end up mostly losing all their funds just like gambling. However, I would say yes, it’s possible for a newbie to earn in trading even without experiencing professional training. Just be equipped with trading knowledge and skills that you can build out from your experiences in trading. That way, you may face losses at first but later on you will learn from them eventually and start to trade the right and profitable way.
1646  Other / Archival / Re: Another Reminder for New Investors on: October 12, 2022, 09:59:26 PM
If someone will target a long term investment then bitcoin and or top 5 to 10 would maybe stays in the few years to come. But you cant deny the possible gains on such short to medium term on some altcoins then convert it into bitcoin. Its a matter of discipline to take some profits and reinvest it on good projects. While these things are growing people should be reminded that altcoins maybe good only for short term. Always choose a major coin if you are stacking profits from gains on altvoins to asset like btc which proven their strenght even in a bear situation.
Investing in altcoins first in exchange for bitcoin in the future might be too risky as altcoins have lower chances to survive or sustain profits in the long term. But some have still managed to take the risk and end up profiting in the end. However, to lessen the risk especially for first time investors, focus on bitcoin first and never be tempted to buy altcoins first just because they’re way cheaper than bitcoin. Remember that if you invest for a big capital, your profits will also be as huge like 5x or 10x from your capital.
1647  Bitcoin / Bitcoin Discussion / Re: A painter received $50 worth of bitcoin on June 2013. on: October 12, 2022, 09:46:34 PM
And yet, there are people who have invested by actually buying Bitcoin and they have "abandoned" their Bitcoins by losing/ forgetting their private keys or deleting wallets carelessly. It's a good thing to keep stuff saved, you might never know when you will need it like the painter did. Also always good to see that people were accepting or trying Bitcoin way back in 2013, she deserved the surprise.
The fact that they abandoned their investments, simply means that they are not expecting from it and keeping would only be a waste of time or money. Well, the case with the painter is quite different. She received and keep her bitcoin for a long time, without any intention to sell it or throw it away, and now she’s very surprised that her bitcoin value had gone so far. She could have made more profits than that if she have remembered bitcoin that time when bitcoin surprised us with a very significant amount way back 2017.
1648  Economy / Speculation / Re: October price guess on: October 12, 2022, 08:59:12 PM
October is stable so far following the tendency of previous months. I think we can consider it a victory already if bitcoin is able to reach November on this same price range above 20,000$. The challenge this year is for survival. The longer bitcoin keeps its price intact during the following months the stronger it will be once the market makes the swap from bearish to bullish conditions.

$20k is so boring. We've been at 20k for long enough, but maybe not for those just starting,
It's a good price to accumulate more BTC for the bull season will be full of tremendous profits.
It is also a good place to start the pump, and I hope BTC continues to rise but still don't know how long it will take
I can see the whole third quarter of bitcoin only stick to its price ranging from $18k to $22k, not bad for beginners but maybe for most of us, we are expecting higher price than that, but until now seems it won’t be happening at all. However, I just hope this new month will bring another hope. Maybe we can start seeing a bullish price this last quarter, I guess $23k to $30k may seem possible as long as there are no negative events that will bring down the market again.
1649  Economy / Speculation / Re: Will Bitcoin's Price be affected by this? on: October 12, 2022, 08:35:21 PM
The news is between the two private companies though Elon is kinda expose to cryptocurrency recently but I think the deal has nothing to do with Bitcoin. We can only concern about the future plan of Twitter with regards to crypto adoption and for now, we should wait for that and wait for this deal to fully close. Elon is crypto enthusiast, I’m sure he already have plans how to adopt cryptocurrency in twitter platform, let’s just wait for that.
I have this negative feeling that if Elon will succeed about Twitter, probably he will come to hype again crypto just for his own profits desire. The reason why many of crypto enthusiasts stay away from the influence of Elon since Elon is known already for his own greed. And I think whether he succeeded twitter or not, bitcoin has nothing to do about it and will never be affected again just by a single tweet that created its hype.
1650  Economy / Trading Discussion / Re: My thoughts and now my experience. on: October 12, 2022, 07:54:34 PM
...all I can say to the newbies is that grow your brain before you try to grow your portfolio.

Good advice, but i believe newbies will be just like you, only after experiencing bitter loss of money will they realize that new knowledge is the first thing required in this market before you want to grow or earn money in the market. I myself used to be like that, didn't listen to anyone's advice, just followed what I thought and only when I really lost did I realize that everyone's advice is correct word for word. That's why I have very little advice for newbies, I also want them to experience to have the most authentic view of the market, I think there is no better free lesson than a paid lesson.
Maybe newbies are just like that, not only in crypto but in all aspects of life, we only learn our lesson in the end, not at beginning or the time we started to invest. And that’s what they say learned it the hard way. However, there’s no wrong in learning from your mistakes and losses, as long as you’re willing to correct them and won’t never give up but always move forward to finally reach the goal of success in crypto.
1651  Bitcoin / Bitcoin Discussion / Re: Elon Musk is one of the keys to be 100k$ per Bitcoin? on: October 11, 2022, 09:56:15 PM
This is an old tweet which doesn't hold much value now. Elon is a strong supporter of cryptocurrency, no doubt about it! But he can't be the sole reason for bitcoin to reach 100k USD. If he had the power of such manipulation, he would have done it by now.

With the power he has, he can definitely bring in a temporary pump into the market. But it's way beyond his power to make it 100k.
Even though we know Elon Musk has a lot of influence on cryptocurrency but I'm not sure he will do that and not the only reason it did reach the price of $100k just because Elon Musk has control of manipulation I think there will be other factors that make bitcoin higher not only Elon Musk only.
I'm not sure if he will carry a pump during a bear market or other crisis, of course he will think again on the right situation when he wants to do it, including Doge who was hype in his tweet.
Elon is motivated with greed so he will do everything to start a hype on bitcoin but I guess his own strategy will not work anymore on crypto. Yes, he might still create a short pump for bitcoin but for sure it won’t be sustainable and long lasting. Bitcoin will always move based on its volatility and it will only reach its new peak if there are high market demand and once the bear market will definitely come to an end.
1652  Other / Beginners & Help / Re: You only lose nothing if you hold BTC on: October 11, 2022, 09:19:49 PM
Saying "you only lose nothing if you buy Bitcoin" is sort of implying that there isn't any risk associated with bitcoin as an investment — which is definitely not the case. And while I'm saying this as someone who's long-term bullish, the chances of bitcoin being successful for the long term is definitely not 100%.
Bitcoin is still not a guaranteed source of profits even if it’s for long term hodling, because we still don’t know what will be the future market look like. The reason why we should still be cautious investing in bitcoin, not because it’s not reliable, but because it’s indeed a risky and volatile asset, that anytime it can go down and drop its value. That is why a lot of successful traders suggest to sell their bitcoin if there are chances to make profits, and hold some of them for future profits.
1653  Economy / Speculation / Re: Why speculate when you can be at peace with Bitcoin on: October 11, 2022, 07:54:56 PM
One of the things I hate most is speculations
Speculation makes us excited to hold Bitcoin even though it is in a bearish state. This will convince us that Bitcoin will reach a high price. This is part of the motivation. But if it's too much, of course it will make us lose control of the asset. I think a lot of things are positive about Bitcoin speculation or speculating about anything.
Speculations may help us in some ways positively but if we also rely completely in speculations, it can also lead us into wrong decision making that will eventually ruin our investments. However, with bitcoin, we know it’s always bound for more positive news for price growth, but knowing bitcoin is still a volatile asset which makes it still risky, then we should always DYOR before jumping into conclusion to avoid unwanted losses in the end.
1654  Economy / Economics / Re: Are you ready to spend crypto when market is down on: October 10, 2022, 10:00:14 PM
Hello Everyone,

I am not speaking about just Bitcoin. I am speaking about every cryptocurrency / token.  Regardless of crypto price fluctuations, many online and offline stores are ready to accept crypto as payment. So How will willing are you to spend crypto for your purchases?

If one doesn't spend their crypto for purchases and wait for to spend their crypto when its price is nice, are they really considering it as a cryptocurrency or can we assume like those people are treating more like a security or investment instrument?


I’m not accumulating bitcoin just for expecting nothing in returns. As much as possible, I would love to accumulate and hold more of them than use them later on as a currency. I believe bitcoin is supposed to be more of a currency than as an investment, but knowing cryptos are expensive than fiat, then we cannot just spend crypto with lower value in the market, just because we need to contribute for as faster global adoption.
1655  Bitcoin / Bitcoin Discussion / Re: I helped my dad bought some Bitcoin last night on: October 10, 2022, 09:42:27 PM
When I got home last night, my dad and I are eating some chicharon a.k.a. pork rinds while watching basketball on TV. Then suddenly my dad showed to me his iPad about Binance to check if its legit or not. I said that it’s legit once he installs the correct app and not the fake one.

I thought he just wanna install it and explore, but he seriously wants to buy some Bitcoin with his extra money that he didn’t need for now. He just wants to try buy and hold Bitcoin. He already knew that I am in this industry for a long while, but yeah it’s never too late for him to buy his first Bitcoin.

I have never convinced or forced him to buy BTC since I started my journey. He’s just being interested in all of a sudden that’s all. So I educated him about the basics, managing financial risks, fees, etc., letting him understand and acknowledge that there are no promises or astronomical guaranteed returns. I also sign him up on Binance using my referral link and assisted him in setting up 2FA, KYC, etc.

He wanted to buy using his credit card, but I rather have him buy through me instead to save fees since I can transfer USDT to his account immediately on Binance without fees and convert it into Bitcoin. So yeah now my dad has some Bitcoin in his Binance account.

Congrats on both of you as you made it finally seeing your father already investing in bitcoin. Though it’s not you that get to convinced him, but I’m glad that he ended up trusting in bitcoin which for sure he will never regret in the future. I guess there will be no problems in the future as long as your father never decides on his own without consulting on you first. Just guide him all the way, I’m sure you’ll be happy seeing your father also in profit in the future, same feeling when you started first in bitcoin.
1656  Economy / Gambling discussion / Re: Anderson Silva vs Jake paul who you bet on? on: October 08, 2022, 06:05:35 PM
This is how Jake Paul is hype about this fight, he is very positive that they can make at least 700,000 PPV buys.

Quote
“I do think this will be the biggest pay-per-view (of my career),” Paul told MMA Junkie. “I would say, yeah, I would be happy with anywhere from 300-500,000 (purchases), but I think it can get all the way up to 600 or 700,000, depending on how the fight week goes and the promotion and if ‘All Access’ performs well. I think this could be the biggest one for sure.”

https://www.boxingscene.com/jake-paul-optimistic-match-with-anderson-silva-fight-rack-up-700000-ppv-buys--169541

For the record, Canelo vs GGG was just a shade over 1 million buys.

So I don't know if this fight can go as high as 500,000 buys to be honest. And for me, it could top 200,000-300,000 even though his dance partner here is the legend of MMA.

I don't really know where did Jake Paul got his information because he really thought that his fight against Anderson Silva might be the biggest one or at least one of the biggest PPV-buys. 700,000 PPV? Canelo vs GGG got 1.06 Million buys but that is not enough to get their fight on the top charts. Biggest PPV-buy in the history was the Mayweather-Pacquiao fight which was dubbed as the fight of the century garnering 4.6 Million buys.
1657  Economy / Gambling discussion / Re: When betting becomes to high on: October 08, 2022, 04:57:10 PM
Have you ever had an experience betting in which you knew that you were going over the limits of you finances and still continued? I have one playing a game, it was absorbing plenty of my time and despite me knowing it, I was kind of hooked on it. It was not a financial problem, but left me wondering how easy is to actually fall into a bad habit and how difficult is to break it.
I have experience with it although I don't think it will be exactly what you want to hear. I hit my gambling threshold in a day because I wanted to catch up on my previous losses. Ignoring the greater risk of loss actually made me even more lost when I realized my ATM was empty.

Obviously this is a bad habit of gambling, but I've realized that and haven't repeated it since. To this day, I wouldn't feel the need to make more deposits in case I lost on the first deposit. I will stop and come back another time and opportunity, this will definitely control the emotions a little.

I think we all here as a gambler have our own share of story when it comes to going overboard even if we knew the risks and the situation we're in. Almost all stories are really similar so I won't bother sharing mine but the important thing is that, just like yours, I managed to stop that habit because it could potentially hurt my savings if I will just let myself dive and chase the losses with the hopes of covering it up or earn.
1658  Economy / Gambling discussion / Re: [Boxing]: Vasiliy Lomachenko vs Jamaine Ortiz - October 29 on: October 08, 2022, 04:30:23 PM
I miss the days when there were also world title fights in the undercards. Legendary Manny Pacquiao for instance used to defend his title while on the undercards like during the Lewis-Tyson fight. Glorious days for boxing. Now it's all about playing safe and money.

Boxers these days are moving like they were the promoters or organizers rather than boxers, they are too attached and more interested to know the money business instead of focusing in making their own legacy to be known in the industry just like the good old days. Probably the reason why almost all known boxers in the industry had built their own promotional company after their professional years.
I guess the boxers really wanted to know how much they are making and probably wanted to know if their promoters are really paying them for how much they worth.

We all know that in the past, boxers like Floyd decided to be their own manager and challenge Bob Arum that time because he wanted more. And so he is partly to blame for boxers now becoming businessman and wanted to know the business side of boxing, instead of just focusing on the fight itself.

We can understand that boxers nowadays would like to level up on the earnings of the promoter, they seemed to think that they are the one investing money to make the right happen, I'd say it's a wrong attitude, that's being greedy, but then, I could be wrong though, just stating my personal opinion.
But it doesn't mean that they are greedy any way, as I have said, you need to know not just how much money go are getting, but the overall value of your fight based on who is your dance partner. Maybe there will be fights that you wonder why you get less money as compare to lets say facing fighter A, something like that and hope you get my point. It's not greedy per definition, yes maybe it's going to be complicated for them, but if they see themselves as businessnman then nothing is wrong with that I would say.
Usually fighters would only demand high if they are already popular, but they need to think on how the promoters are investing them when they are still starting, that's a debt of gratitude although we call it business, we have different views though that's just like a boxer is different from other boxers.

That is natural because if the boxer is getting popular then that means his promoter will get more money from the fights, I'd say that it is also the boxer's right to demand a much higher share than what they agreed and if not then it may be best for the boxer to move in other promoter once their contract ends.
1659  Alternate cryptocurrencies / Altcoin Discussion / Re: Too good to be true? on: October 08, 2022, 03:40:37 PM
Is it possible to invest 100$ in altcoin and turn to 7,000$? Have this ever happened to anyone on here? Is this even possible?.
It's possible, I invested in chainlink at around .20 usd. If you get in on a new project early, and it does well, then the sky is the limit. There will be a lot of failures along the way so you really need to do your research. One project that I am looking forward to is MAXX finance. Another is Aptos, which is by former Facebook blockchain developers.

Yes, that is possible. However it depends to the OP's timetable because if the time is only 1 month then I think that's near to impossible but the OP didn't specify that one either, so it's really possible. You just need to find that certain project or coin that will help you achieve that said goal, although searching for it won't be an easy task.
1660  Economy / Gambling discussion / Re: How to choose an online casino? on: October 08, 2022, 12:09:27 PM
It mainly depends on what the preferences are for a player. It is important that a player can expect his payout relatively quickly, but you also have to deal with good customer service and certain limits. I don't know whether you can still demand that you do not want to comply with the KYC, I think that is really a thing of the past and you can no longer give that as a preference. If you accept that, you have many choices of major casinos with a good, solid and reliable reputation. Not only on the forum, but there are also many other review sites available.
KYC submission is a thing nowadays in Online gambling , either in crypto or in Fiat so whether we like it or not? we must comply with it or never play anymore in that cycle of place because gambling is about money and this is also a tools of gambling site to at least try holding money from suspected laundered or cheaters.
so best to understand this or be a loser at all cost.
I think that is because online gambling is becoming a mainstream now and for them to become more legal in the eyes of the government and the people, they need to acquire a license and then conduct a kyc. Having a kyc and a license do also have a benefit from the casinos and their players but there are still people who prefer to play on a non kyc casino.

It's not that they will do something shady like money laundering but they only value their privacy so much. Gambling isn't only about money but gambling is also about having a leisure time for one's self but of course if you're a criminal then money will matter the most for you.

Well, they have their own disadvantages and advantages that's why there are some people who prefer licensed casinos and some also prefer non-licensed. But for privacy purposes, it's expected that most of the gamblers will prefer the non-licensed because they have more freedom and the casino is not that strict, however, if we are talking about risks, it's much better to go and play on a licensed casino but you have to accept that most of them do KYC. So, it's just a matter of perspective to me.
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