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1741  Economy / Gambling discussion / Re: Do you blame someone for your gambling losses? on: May 22, 2023, 01:28:56 AM
~snip~
People who don't want to think about the negative impacts of gambling will be easier to be depressed when they experience losses. Ideally, every gambler must learn the negative impacts that they probably get as a consequence of playing gambling. So, they won't be surprised when they get losses or lose money instantly. Unless people gamble for fun only, so it shouldn't be a serious problem whether they win or lose. However, whatever our goal in gambling, we must have good management of our funds to spend in gambling. Never out of control by spending huge money on gambling because we can't control our emotions to chase winning. We are better to limit our funds to spending daily or weekly, so kindly stop playing gambling when the funds are over. In this way, we won't get huge losses or spend money excessively.

Yeah, spot on.

The thing is that some people don't want to believe that gambling is probably not a great way to get rich.

They basically want to have hope that they will have a chance to be rich by gambling.

But in reality that is even more improbable than mining a block with a USB miner these days, which is already incredibly improbable. Yet, many people still solo mine with USB blocks.
1742  Economy / Gambling discussion / Re: Can i make 100 $ daily from online casinos on: May 22, 2023, 01:26:36 AM
I see that this topic has secretly received a lot of attention from many people. Somehow it is also attractive, imagine you could win $ 100 every day for your life at gambling. We would sign up for that. The problem, of course, is that you have a day when you lose. If that only happens after a few weeks, it doesn't matter, but it is also realistic that this will happen in the first few days, and that would be very annoying of course. You will have to come up with an optimal strategy, which also includes losses. But people often don't do the latter because they don't want to think about losing.

The thing is that people forget that you need to provide something of value to generate money.

If you put a lot of savings in a savings account, then that means the bank can provide a loan to other people, and they pay you for that.

The amount you need to get $100 every day is a lot, by far a greater amount than what most people have available for something like this.

The idea that you can generate $100 every day by simply "signing up" to something like gambling is just crazy, as you're not really adding any value.
1743  Economy / Gambling discussion / Re: FIFA World Cup 2026 :Canada/Mexico/United States: Discussion Thread on: May 22, 2023, 01:24:23 AM
~snip~
that is correct - the only option for a poor person like me is to watch the broadcasted matches
because a person like me can surely not afford a visit to the expensive country like America and Canada.

The thing is that most people in the world, by far, will be watching the world cup in some kind of broadcast way. Either at home, at a bar, or through the internet.

It's probably one of the main ways for them to make money. Everyone pays for it in advertisement.
1744  Economy / Gambling discussion / Re: The madness of gambling addicts. on: May 22, 2023, 01:22:44 AM
~snip~
In my opinion, the number of reckless offenses has nothing to do with gambling, so I would suggest that in fact the problem lies much deeper - most likely at the level of the psyche of each individual. We've all heard stories of people doing nonsense that is hard to believe, but that doesn't mean that they are all gamblers. It is quite possible that gambling can provoke a person, but if he is in his right mind it is quite difficult to do so. In addition, even people who do not gamble at all commit such reckless acts.

That is true, but gambling can have a powerful effect on some people's mind.

In the end a gambler might end up doing horrible things, and all because they are not thinking clearly, they are just too focused on the short term and the objective at hand, winning at gambling, which is not even possible.
1745  Economy / Gambling discussion / Re: who Want To Bet On 2024 USA elections? on: May 22, 2023, 01:21:14 AM
~snip~
I think whoever wins, and I do not mean just Trump or Biden, but I mean more like ANYONE who wins, will not be able to solve it because it is not easy to solve. If you printed money that means inflation, if you increase rates to drop inflation that means bankruptcy, if you cover that then it means money gone out of tax payers, if you do that then debt goes up, which results with not much money to government workers, which means overall recession since market lacks money, if you reverse that then it's inflation again.

As you can see it has been constantly the same cycle over and over again. It will get better with time, that's the only thing, people will adjust everything, market will adjust itself, and that requires time, government can stop doing anything, we just need time.

Yeah, absolutely.

And the thing is that I don't think they actually want to solve these things as these problems are there by design.

The way money works today allows people in power to continue having more and more money, with the general population working as basically slaves for the rich.
1746  Bitcoin / Bitcoin Discussion / Re: When Bitcoin will become stable currency? on: May 22, 2023, 01:19:29 AM
It will never be stable so long as it is measured in fiat.

Yeah, I think that's the key here.

Fiat will always continue to be devalued over time, so Bitcoin will always be volatile because of that.

It might become less volatile if it's measured in something else like gold for example.
1747  Economy / Gambling discussion / Re: The madness of gambling addicts. on: May 21, 2023, 08:33:24 AM
~snip~
Poor gamblers get addicted easily more than rich gamblers. Poor gamblers are gambling because they need the money and when they don't win they can't get money from somewhere else and they have already lost the little that they had. Some borrow to gamble.

For those who borrow, they get pressured to pay back and return to gambling. A rich gambler could be doing it to get extra income and for entertainment which mightn't push him to become addicted. If a rich gambler becomes addicted they go broke in a shit time.

You can't be a discipline addict, addiction makes you lose control and do things you won't have done with you clear minds. Addiction makes you do things you might have only imagine like kidnapping someone to demand for ransom and use all the money to gamble.

If you really look into it, there are no rich people that gamble continuously. They know that they will end up losing their money, so they invest it in other things instead.

It's usually the poorest people the ones that end up gambling because they cannot afford a nice life, but they can afford to have the chance of having a nice life, which is the whole illusion of gambling
1748  Economy / Gambling discussion / Re: do you lose on slots? on: May 21, 2023, 08:30:37 AM
~snip~
That is the danger of gambling and alcohol addiction because they destroy our lives slowly but surely. And before we become addicted to gambling or alcohol, we better be aware of it and try to anticipate the urge to gamble by doing many things that will help us not to think about gambling. This is important to do by doing other things. Our focus will shift to that and try to get rid of thoughts about gambling. However, it is not easy to do and only people who strongly desire to heal themselves from their addiction or addiction symptoms can do it. At the same time, others will even play gambling more often than trying to stop their gambling activities temporarily.

Yeah, that's the reality for pretty much any addiction out there, it can be anything, even food.

There is an increasing number of overweight and obese people in the world, particularly in the US, and that's because of the relationship people have with food, they are basically addicted to food.

Same with alcohol, gambling, or anything else. Addictions are very dangerous because they grow slowly over time and you don't realize it until it's too late. It's always good to have a constant check of how your life is moving and correct anything as early as possible.
1749  Economy / Gambling discussion / Re: FIFA World Cup 2026 :Canada/Mexico/United States: Discussion Thread on: May 21, 2023, 08:23:44 AM
~snip~
Seems funny when many people downgrade with Qatar as the host for FIFA World Cup 2022 from infrastructure, LGBT, drink alcohol until racism issues. I don't know why many people judge with Qatar because they have been the best host in FIFA World Cup than last several edition time with good infrastructure and nothing bad or controversial on all World Cup 2022 matches.

Depend on last FIFA World Cup edition, I think Qatar have more upgrade and beautiful infrastructure when another countries become host for FIFA World Cup, but its controversial because many people disagree with LGBT, alcoholic and not marriage can't sleep together. We have respect with other countries culture and can't change norms in force in that country.

I think the main issue with Qatar was that they don't have a football team that actually has the required level to play at a world cup.

They only had the money, which is why the tournament was hosted there, but in the games that Qatar played it was so clear that they don't have enough skill. They lowered the quality of the tournament.

But overall, yeah, it was a great tournament.
1750  Bitcoin / Bitcoin Discussion / Re: How useful is Bitcoin to the youth? on: May 21, 2023, 08:20:24 AM
~snip~
Basically when ever Bitcoin start most of people ignore him because they taught it's waste of time while the real hero is fiat (Dollar, Euro, Pound etc.), But in reality it's foolish ever step of them because the owner of Bitcoin stasohi know the situation in future, he know how the inflation will devalue each and every important assests, so by putting such problem in mind he create a coin which is anti inflation, so it will be better for all youth to adopt it as soon as possible because in future whenever fiat got devalued the only possible solution to store and hold your wealth values will be Bitcoin..

Yeah, I think that's the key, but also that's a problem for the next generation because they tend to have a very short attention span, and they want to get rich overnight.

That's partly why the altcoins are so common these days, they promise getting rich quickly, and people just lose their money with them.

Bitcoin is for the long term, so only the people that can hold for a long time will ever see the benefits. Newer generations are too focused on the present.
1751  Bitcoin / Bitcoin Discussion / Re: When Bitcoin will become stable currency? on: May 21, 2023, 08:17:21 AM
Why do you expect stability to come to bitcoin? While its volatility is bringing us great benefits. You don't want to make a profit? Honestly, I don't think people will continue to use bitcoin if it's stable, including me, because we're here for profit more than anything. Technology, anonymity, and privacy mean nothing if bitcoin is not profitable. Believe me, many people say they care about technology, but actually, everyone cares about price first.

The thing is that because Bitcoin is scarce, the price will continue to rise, so even with less volatility, you will be able to get more money in the end as the value of your current amount of Bitcoins will increase in the future.

You don't need to buy and sell Bitcoin to get a benefit from it.
1752  Economy / Gambling discussion / Re: Can i make 100 $ daily from online casinos on: May 21, 2023, 08:15:49 AM
~snip~
Well, it appears you've wholeheartedly embraced the saying, "Don't knock it till you've tried it" The exhilaration of the gamble - the bated breath as the dice tumble, the cards reveal their hand, or the roulette wheel whirls - is indeed a captivating spectacle. But is it a staircase to a vault of wealth? Now, that's the billion-dollar poser, isn't it?

Consider this perspective: Casinos, the opulent temples of indulgence and glitz, are among the globe's most extravagant monuments. Ever let your thoughts wander on how they bankroll this splendor? Surely, not from their emptied vaults!

Venturing into gambling, my comrade, is akin to attempting to drink an entire sea to douse your thirst - initially, it might feel like a winning stroke, but the tide's bound to turn, right? Conversely, a stable job or a venture might lack the adrenaline punch, but it's the consistent river, faithfully satiating your thirst day after day.

Yeah, that's the whole point of a casino's appearance. They make it as fancy as possible so that you think that you'll get all those riches if you gamble for a bit.

It's similar to how the alcohol companies create ads about people in parties, drinking, having a great time. They don't show the person in the streets addicted to alcohol.

Same with gambling, they show you all the glamour of it, without showing you the reality of countless lives destroyed by gambling.
1753  Economy / Gambling discussion / Re: FIFA World Cup 2026 :Canada/Mexico/United States: Discussion Thread on: May 20, 2023, 02:33:22 AM
~snip~
I think it would certainly help smaller countries or countries with no economical resources to host the whole event to still be part of it. They would not need to invest so much in infrastructure, security or places to keep tourists happy, since all the event would eventually move to a neighbor country.

For example, Nepal and Mongolia are counties that by their own could not host a World Cup but they could if decided to co-host with China.

Of course, all of it would not be that easy, there are neighbor countries which have political and ideological disagreements among them, which would not allow them to coordinate such big event as orderly and quickly as it is supposed to. Whether we like it or not, when talk about more than one country, we need to think of geopolitics.

True, but still I think it's best to have the world cup in a single place. There are so many issues that appear when you host it in multiple countries, and also each country has it's own rules, and laws, visas, etc.

And at the end of the day most of the games will be played in the US anyway, so I'm not sure why Canada and Mexico wanted to be there. Maybe Canada wanted to finally be able to host it, but the other two already have done so in the past.
1754  Economy / Gambling discussion / Re: who Want To Bet On 2024 USA elections? on: May 20, 2023, 02:31:05 AM
The bias is towards reelection, for Biden not to be elected regardless of opinions its the summary and final vote count that matters so there has to be a larger consensus against the President standing for reelection.  All of that is precedent osbervely over a hundred years or more, people will reelect and mostly thats only negated by a recession because that does effect everyone so is a consensus against the president.  
   Again similar for Trump, he has a hundred year storm occur in the year of the election thats just tough luck.  I do imagine he'd still be in office if it werent for the harshest pullback in economy, in every part of society if it hadnt been for that.   Not that the President should really take the credit for a country just carrying on and working as per normal thats to the nations credit tbh, but like it or not they will suffer the blame if anything major goes wrong

These days the economies of most countries in the world are interconnected, so I think it won't matter too much who is the next president, pretty much the same outcome will happen in my view.

There are just too many external things that the president doesn't have control over, and they will affect the internal economy.
1755  Economy / Gambling discussion / Re: The madness of gambling addicts. on: May 20, 2023, 02:29:22 AM
~snip~
I like that idea when you are in the winning side it's best to withdraw or transfer some out from your bankroll, if you stay lucky you can win more aside from the transfer money, if you already satisfied with the outcome whether you lose or you win more then the first withdraw will serve as your spare to enjoy partying either with some friends or doing it alone celebrating your wins.

Just an opinion, as there are only few who can do this kind of things more gamblers are having a hard time controlling and ending up
losing more.

Yeah, at the end of the day basically the only way to actually win in the casino is to stop playing at some point in time in which you are ahead.

Easier said than done really, as that's the point in which most gamblers get more excited and end up gambling it all away.
1756  Economy / Gambling discussion / Re: Can i make 100 $ daily from online casinos on: May 20, 2023, 02:27:44 AM
~snip~
i guess by now he already came to a point that he got the picture that in gambling, there's no guaranteed passive income here. unless, you will put your money in the investment option of the casino, where you will put your funds in their bankroll investments. also, once you are in gambling, you may want more than 100 bucks profit. usually, you would want more once you got your hands on this activity. also, it depends on you initial bankroll how you can gain in gambling. or better yet, it depends on your luck esp if you are playing luck-based games.

I think some people are not familiar with how finances work, and they simply don't understand the logic behind it.

If OP wants to have $100 daily then definitely he shouldn't be looking at a casino, and instead should be looking for investment opportunities elsewhere.

The thing is that you would require a lot of capital to generate that amount of money, and I guess OP wants to have incredible returns, that's why he's looking at the casino.
1757  Economy / Gambling discussion / Re: do you lose on slots? on: May 20, 2023, 02:25:18 AM
~snip~
A gambling addict who does not want to get rid of addiction immediately will definitely get worse and will lose all valuables and savings.
Especially slot games which are faster increasing gambling addicts as I saw in the city say that there are some young people who don't know about gambling but after seeing slot advertisements he wants to try and ends up addicted to selling various valuables and houses.

Yeah, that's the thing, a gambling addict can cause a lot of damage to his life financially in a single session.

Even an alcoholic usually requires some time to actually make some permanent damage, but with a casino you can lose all your life's savings in a single night.

It's really something extremely bad if not kept under control.
1758  Bitcoin / Bitcoin Discussion / Re: When Bitcoin will become stable currency? on: May 20, 2023, 02:23:40 AM
~snip~
remember that people are attracted in the BTC market owed to its volatility feature, which is quite great when you are looking for high profitability investments. however, how you will make profit here depends on how you will handle this asset, when will you buy and sell your BTC. so stability actually is not the aim of most holders.
for now, we can't determine when will we see such stability of prices. up until now, there are so many factors affecting the BTC price.

I don't think volatility will be removed too much, it will always be there because the markets are always open 24/7 and all around the world, so there will always be people buying and selling large quantities.

Maybe in the future when there is a lot more fiat transferred into Bitcoin this will be not as noticeable, but who know when that will happen.
1759  Economy / Gambling discussion / Re: FIFA World Cup 2026 :Canada/Mexico/United States: Discussion Thread on: May 19, 2023, 01:55:36 AM
~snip~
Last night FIFA revealed the logo it will use for the 2026 World Cup.


What do you think?

Having an actual image of the trophy as part of a logo seems a bit silly.

That's a basic mistake in graphics design. It won't scale down nicely. Any logo should be a vector image.

Also, the number 26 looks obese basically. Maybe they are subtly trying to say something  Cheesy
1760  Economy / Gambling discussion / Re: [POLL] Using AI to predict outcomes on: May 18, 2023, 01:12:05 AM
~snip~
AI can really be used in various fields. It's purpose is not solely for gambling prediction since there are numerous AIs that has proven this already. AIs can be used in programming, for business pages, for school-related activities, and many more. It will just be a little more convenient if AI can be used for predicting the game's outcome especially in sports betting that needs past and present data to arrive at an answer of percentage of winning against the other teams. Although as for me, it's still better to make it as a reference and not a sole source of information especially when it comes to decision making that involves a very important matter and money.

I think the game changer here is ChatGPT, the Chat part in particular.

Anyone can use it, by just sending a message to it, that's revolutionary. You don't need to install anything, or do anything, just send a message. That usability makes it the best AI by far, and people are using it for incredible things, that many have never even imagined originally.

The important thing to remember is that it can output absolutely false information, so you need to check the sources carefully. I think this will be the main issue of it, the spread of misinformation.
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