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1801  Economy / Gambling discussion / Re: Economic Costs of Gambling on: June 15, 2021, 01:30:48 AM
Quote
The gambling casinos/websites earn a good amount of profits and hence have to pay more tax
The money received from tax is then again used for the welfare of the country.
But yeah, we can still debate with the fact that many casinos dont pay their taxes and many countries don't use the tax properly for the welfare of the country
The best question is , How much does the taxes helping the economy than the amount losses from the players?
That can never be found out because every country has their own rules and regulations and most of the countries have corrupt people everywhere.
Corruption can go to any extent which is why it's hard to know how much money is actually flowing into the welfare of the economy.
Unless these governments use blockchain system to publicize the taxations there will be no way to know the truth.
It is true that this is impossible to measure since there is simply too much information that is completely unknown to us, but at the same time this is not the only way to measure things, do we really want to live in a county that goes out of their way to regulate behavior that in its nature is not criminal? Basically do we want the government to tell us what to do and what not to do in our free time and to allow them to decide in what do we spend our money? And I certainly do not want that.

Basically, every human being does not like to be controlled by anyone. Therefore, we often see violations around us, as well as related to gambling.
Many people feel uncomfortable if the government interferes too much with activities that are indeed entertainment, such as gambling.
But the government needs to make regulations regarding gambling, because gambling has the potential to cause negative things if left free.
Because not everyone is able to control their emotions and behavior well when playing gambling,  so I admit that there needs to be rules from
the government for gambling. As long as these regulations do not interfere with our comfort in gambling, and prevent bad things from happening
we should obey the rules applied by the government.
1802  Economy / Gambling discussion / Re: Germany League - Bundesliga Prediction Thread on: June 14, 2021, 10:16:10 PM
Edin Terzic is not an experienced coach who can make Dortmund champions of the Bundesliga, because Dortmund have very good quality players
at the moment. Dortmund should look for a more experienced coach, in order to take advantage of the star players they has to win many matches.
I agree that Dortmund in the Bundesliga often lose points against weak teams, this is what ultimately makes the difference in points with Bayern quite far.
Hopefully the Dortmund management realizes this, so that next season Dortmund can compete with Bayern and can go further in the Champions League.
I know Edin Terzic from Beşiktaş days when he was Slaven Bilic's assistant. He's pretty experienced as assistant manager, he was with Bilic in Beşiktaş and West Ham before he come back to Dortmund. For this short term he managed he was good, I believe he can find another club to manage. I don't think he goes back to second man again.
I hope Marco Rose will be successful, I hate to watch Bayern dominate league for a decade. We need to see some competition, I miss good old Bundesliga days.
I'm also not saying Edin Terzic is bad, but he still doesn't have enough experience to make Dortmund a team that can compete with Bayern.
I actually miss Dortmund when coached by Jurgen Klopp, Dortmund was able to give a lot of surprises. Even two-time Bundesliga champions,
this is what I want to see again next season. Hopefully Marco Rose can restore Dortmund glory, by beating Bayern's dominance.
A good squad will definitely be needed to bring back Dortmund's old glory. If Haaland leaves Dortmund and joins another club, Dortmund's forward will be broken. Because Haaland is a Goal machine. An extraordinarily talented young striker like him, Dortmund will not be able to bring in the team now. If they want to do well next season, they must have Haaland in the team.

To bring back the glory of Dortmund is not enough to have an experienced coach. But a good squad is needed, and I agree Dortmund will
still need Haaland next season as a goal machine. Therefore Dortmund set a high price, so that Haaland could stay at Dortmund for at least
one more season. There have been many offers that have come from many big clubs to get Haaland, but Dortmund have always turned them down.
Even the latest news Man City began to make an initial offer to Dortmund to be able to get Haaland, but I'm sure Dortmund will turn down the offer too.
1803  Economy / Trading Discussion / Re: Trading is Easy dont be afraid just on: June 14, 2021, 11:47:16 AM
OP just wants to fool people and encourage them to become a trader. He just wants to see people crying in vain believing what he says because the truth is that, we can never experience that trading is easy. Of course, you can place the buy and sell option so easy but making the RIGHT decision is really hard, and this the REASON WHY PEOPLE JUST FAIL in trading.
It should be understood by everyone before trading that trading is not an easy thing,
it requires strategy and knowledge and even skills to make a profit,
besides that the risk can be said to be big so we need to consider carefully before making a decision

Indeed, trading is not an easy thing to do, there are many factors that affect our success in trading. Not only requires good strategy and knowledge,
but also requires experience. Because the more experience we have, it will help us avoid mistakes that often occur when trading. Not to mention
the need for risk management, because trading has a big enough risk. Therefore, because there are many things to learn when trading, to become
a successful trader requires a long process.
1804  Economy / Speculation / Re: Is $65,000 the peak of this bull market? on: June 14, 2021, 09:41:03 AM

We've seen bitcoin hit ATH in the last few months but whether it might take another 3 months to get back to ATH, no one knows. But from the convincing speculation that hopes of hitting $100k are getting closer, I smell it.

I hope you have a good smell and you really smell that we are going to hit $100k, so many investors are predicting the $100k level, I'm one of those guys who predicted the $100k level and I'm keeping my hopes alive as long as there are only FUDS and no bad news like the pandemic that we've had, hope is still alive and it should be burning.

I'm also one of those people who are optimistic that Bitcoin will hit $100k by the end of this year, so $65k isn't the peak price in my opinion.
Moreover, it seems like a lot of people predict the price of Bitcoin will reach $100k, with many people thinking positively like that indirectly
motivates holders Bitcoin not to rush to sell the Bitcoin they have. That way I hope it will come true that eventually Bitcoin reaches the price of $100k.
1805  Economy / Economics / Re: Are you investing in crypto currency alone? on: June 14, 2021, 01:41:29 AM
currently I only rely on cryptocurrencies as my investment tool, during a pandemic like this my economic situation is helped because my crypto assets have experienced a fantastic increase.
other investment instruments in my country are very small profits obtained so I absolutely do not invest in other than crypto, only crypto can change economic conditions during the current covid-19 pandemic.

Your opinion about cryptocurrencies investments is not wrong, indeed since the pandemic only crypto has extraordinary performance.
Especially those who started crypto investments from the previous year, now must be smiling, because the increase in crypto this year is
really beyond expectations. I myself have been greatly helped by investing in crypto, I can earn profits that I can use to buy daily necessities.
I believe crypto has helped many people's economy, so for this year I will focus only on investing in crypto.
1806  Economy / Gambling discussion / Re: Germany League - Bundesliga Prediction Thread on: June 14, 2021, 12:52:51 AM
Edin Terzic is not an experienced coach who can make Dortmund champions of the Bundesliga, because Dortmund have very good quality players
at the moment. Dortmund should look for a more experienced coach, in order to take advantage of the star players they has to win many matches.
I agree that Dortmund in the Bundesliga often lose points against weak teams, this is what ultimately makes the difference in points with Bayern quite far.
Hopefully the Dortmund management realizes this, so that next season Dortmund can compete with Bayern and can go further in the Champions League.
I know Edin Terzic from Beşiktaş days when he was Slaven Bilic's assistant. He's pretty experienced as assistant manager, he was with Bilic in Beşiktaş and West Ham before he come back to Dortmund. For this short term he managed he was good, I believe he can find another club to manage. I don't think he goes back to second man again.
I hope Marco Rose will be successful, I hate to watch Bayern dominate league for a decade. We need to see some competition, I miss good old Bundesliga days.

I'm also not saying Edin Terzic is bad, but he still doesn't have enough experience to make Dortmund a team that can compete with Bayern.
I actually miss Dortmund when coached by Jurgen Klopp, Dortmund was able to give a lot of surprises. Even two-time Bundesliga champions,
this is what I want to see again next season. Hopefully Marco Rose can restore Dortmund glory, by beating Bayern's dominance.
1807  Economy / Gambling discussion / Re: Germany League - Bundesliga Prediction Thread on: June 13, 2021, 11:29:11 PM
Dortmund's performance throughout the season was unpredictable. They have been defeated by easy opponents. On the other hand, they have defeated a strong opponent. If they can maintain the continuity of performance, maybe they will be able to fight for the title. They need a skilled coach.
Dortmund needs an experienced and skillful coach who can lead the players to play effectively and smartly during the match. It is very unfortunate that they have many great players such as Haaland, Sancho, Reus, Witsel, Emre Can, Hummels, and Guerreiro. But this team still can be defeated by weak clubs in the last season. With that big potential players, Dortmund should compete for the Bundesliga title, not only to expect second place. Dortmund also needs to sign new players on the defense line and midfield line if the team really wants to get the title in the next season.

Edin Terzic is not an experienced coach who can make Dortmund champions of the Bundesliga, because Dortmund have very good quality players
at the moment. Dortmund should look for a more experienced coach, in order to take advantage of the star players they has to win many matches.
I agree that Dortmund in the Bundesliga often lose points against weak teams, this is what ultimately makes the difference in points with Bayern quite far.
Hopefully the Dortmund management realizes this, so that next season Dortmund can compete with Bayern and can go further in the Champions League.
1808  Bitcoin / Bitcoin Discussion / Re: Can we get another golden oppurtunity to buy? on: June 12, 2021, 11:02:13 PM
Hello I think the golden opportunity that you discussed early is coming. Due to some bad news BTC price around 30k  again. I think it will be going down around 20k again and buyer  will have a good opportunity again. Other all coins are following the BTC. But surely it will be soon to 60k or more.
I don't think Bitcoin price will fall down to $20k. The price have been around $30k-to $40k for some time now, which I think is a golden opportunity to buy. Predictions have been made, that Bitcoin price will hit $100k before the end of the year, Bitcoin price will soon definitely rise to $60k and above.

I also don't think it's possible for Bitcoin to fall to $20k again, after so many institutions have invested in Bitcoin. Therefore, now the Bitcoin price is
stable above $30k, this indicates a very strong Bitcoin support price at $30k. Now we do have to be patient and I agree to make the current price
a golden opportunity to buy more Bitcoin. Before the price will go up again, because there is still a chance for Bitcoin to reach the price of $100k this year.
1809  Bitcoin / Bitcoin Discussion / Re: Elon Musk Tweeting Power gone on: June 12, 2021, 11:50:38 AM
Although the power and effect of Elon Musk's twitter is no longer what it used to be, there are still many people who continue to monitor Elon Musk's twitter. People are still curious about what Elon Musk did, especially after a video of an anonymous group trying to warn Elon Musk for playing with the crypto market. So I also don't know what every Elon Musk avatar change means, only he knows what it means. I like you so miss when Elon Musk tweets positive about Bitcoin, but for now I can't trust Elon Musk's tweets anymore, after what he did to the crypto market.
It is caused by too many tweets from Elon. If he makes less tweets or keeps silent for a while, few months maybe, when he comes back with a tweet about Bitcoin, his tweets will get big power again.

People wait for his tweets and the less times they see tweets, the more exciting they will feel about it. It can be panic or exciting. With Bitcoin, the future is up so I think tweets from Elon will be used to manipulate to lift Bitcoin, in the future, after this accumulation.

I think the problem is not too many tweets from Elon Musk, but after Elon Musk consistently makes positive tweets about Bitcoin. Elon Musk suddenly
made negative tweets about Bitcoin, which irritated the crypto community. So even if Elon Musk chose to remain silent for a few months, I'm not sure
the power of Elon Musk's tweets is back again. because many people have been disappointed and harmed by Elon Musk, in a few months it probably
won't be enough to forget the terrible things Elon Musk has done.
1810  Economy / Gambling discussion / Re: Why the martingale system sucks! (doubling down on losses) on: June 12, 2021, 06:58:16 AM
There are always people who are concerned with making money rather than entertainment when playing gambling. Because some people still believe
that gambling is an activity that can provide profits in a short time. It's people like that who end up making gambling look bad, but not all gamblers
are like that. So a forum like this is needed that can educate many people, that it is very dangerous to make gambling as a source of income.
Playing gambling should only be for entertainment, that's what many people need to know, especially for newbies who are just starting to
play online gambling.
It's the reason why we gamble in the first place. Its about earning money through the games we play which we come up with a strategy like this martingale.

Sports is a good way to gamble for there are somehow safe bets. It's not a common idea because there are betting odds but I wonder if there are people who use Martingale in sports like if he loses money from one match last week then doubling the amount he bet the next match?

Usually people who use the Martingale strategy to pursue losses that have been experienced, and hopes to make up for the loss by doubling
the amount of the bet. But the fact is that many people end up losing all their money, because they use the Martingale strategy. At least I lost
thousands of dollars because I used the martingale strategy, and I have to admit that learning to gamble had to be the hard way. No exception
with sports betting, quite a lot of people use the martingale strategy. After the bet on the first match is lost, in the next match will double the bet,
until finally the capital owned runs out. If anyone succeeds in using the martingale strategy, it is only because that person is lucky. But if used
in the long term it will eventually lose too.
1811  Economy / Gambling discussion / Re: Why the martingale system sucks! (doubling down on losses) on: June 12, 2021, 12:46:46 AM
If we want to make a profit, I really agree that sports betting is much better than Dice or Slots, because if we have good knowledge and experience
in the world of sports. The opportunity to make a profit is much greater than playing Dice or Slot. That's why I always say playing Dice or Slots is
just for entertainment and not to make money. Because the winning percentage is 50-50, so there is no effective strategy to win when playing Dice or Slot.
Nothing beats out on strategic kind of games when it comes to sustainability in terms of profits because strategic based ones does have much higher chance on earning profit depending on how you do make out bets and your winning rate.There are people whom do really mind on making money rather than on getting some entertainment and also there are people whom do love to see profits in a short time scale than on longer one and this is why they do play on fast pace games
which would give out instant result and using up countless numbers of strategies where they do believe that it might work.

There are always people who are concerned with making money rather than entertainment when playing gambling. Because some people still believe
that gambling is an activity that can provide profits in a short time. It's people like that who end up making gambling look bad, but not all gamblers
are like that. So a forum like this is needed that can educate many people, that it is very dangerous to make gambling as a source of income.
Playing gambling should only be for entertainment, that's what many people need to know, especially for newbies who are just starting to
play online gambling.
1812  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Could ether hit 100k? on: June 11, 2021, 11:55:24 PM
could!, I'll answer that if ask about Ethereum, $100k? hmm,
$10k still hasn't been reached, and we've talked about $100k calmly, hahaha how can it be,
Fomo always comes to make people imagine too high, yes it doesn't matter, please imagine, no one forbids,
but if Ethereum doesn't can reach the price of $100k, will you keep waiting?

We are free to set a target for how high the price of Ethereum will rise, but the target of $100k is very unrealistic for Ethereum right now.
As you said the price of $10k is still not reached by Ethereum, how can we expect Ethereum to rise to the price of $100k. Honestly it's unacceptable
to my logic, we'd better think of a rational target for Ethereum to achieve in the near future. Because we have to be gradual in determining the target
price of Ethereum, so that it makes more sense to achieve.
1813  Alternate cryptocurrencies / Altcoin Discussion / Re: ICO and its risk, research properly on: June 11, 2021, 11:26:08 PM
I think that the era of ICO projects has ended and investors are no longer attracted to it due to its risks and the large number of scam projects that collected investors' money and then stole them, it is better if you are not professional in examining the ICO projects to invest your money in old projects whose currencies are listed in the markets.
I don't think  so because there's still an ICO and some of them still succeed on raising funds, I guess it will still depend on the project itself and ICO is just a way to raise funds not the real scam. There's always risk if you are going to invest on a new project without any product or services yet, so don't think that IEO, IDO or any kind of way to raise fund didn't produce any scam project, scammers are every where so we should really do our own research.

I agree scams can happen anywhere, so not all ICOs are bad, it all depends on how we do research and analysis when choosing a good ICO.
There are still some ICOs that I find profitable for investment, because the developer team is very active and promotes well. And the ICO was
successfully listed on popular exchanges, so don't judge badly first against the ICO, before we actually do research and analysis on the ICO.
1814  Economy / Gambling discussion / Re: Why the martingale system sucks! (doubling down on losses) on: June 11, 2021, 10:30:29 PM


I've done that experiment before using dice games and sports betting as the reference and it does not end well as I lose money on both, but the only difference is that my bankroll got easily busted in dice than in sports betting because the result in dice is instant and in sports betting you can still watch and game and waste some time since you'll just lose your money in the end.
You have a better chance to win in sports betting than dice and other similar games like slot, the house edge has a factor on these games compare to sports betting where you have a good chance to win by analyzing the game, I have a friend whop wants to make money in gambling and he shifted from playing dice to betting in sports betting and so far he is doing good.

If we want to make a profit, I really agree that sports betting is much better than Dice or Slots, because if we have good knowledge and experience
in the world of sports. The opportunity to make a profit is much greater than playing Dice or Slot. That's why I always say playing Dice or Slots is
just for entertainment and not to make money. Because the winning percentage is 50-50, so there is no effective strategy to win when playing Dice or Slot.
1815  Economy / Gambling discussion / Re: La Liga (Spanish League) Prediction Thread 2020/21 on: June 11, 2021, 09:27:42 PM
~~
Yep. You are right. He will get more appreciation if he decides to end his career in Real Madrid. Real management and fans will always remember him as the next legend after Raúl González. Moving to another club just makes the reputation among the fans be decreasing. People give more appreciation for the player that can be loyal to his club. Even Ramos moves to another top club, there is no guarantee for him to succeed as well as in Real Madrid. So, why not try to stay in Madrid.  Wink



Everything you say makes a lot of sense and hopefully Ramos can end his career at Real Madrid and become one of the legends of Real Madrid.
I think Real Madrid is one of the best teams in Europe, and many players dream of playing at Real Madrid. Ramos is already in the right team
by being at Real Madrid, so why look for another club that doesn't necessarily make Ramos comfortable. I see Ramos already has a really strong
bond with Madrid and is loved by Madrid fans. So if Ramos moves to another club, it will be a pity, because what Ramos got at Real Madrid is priceless.
1816  Economy / Trading Discussion / Re: HOW IMPORTANT IS STOP LOSS on: June 10, 2021, 12:05:39 PM
If you are a trader, You need to use a stop loss. It's to CUT the loss. If your trade goes wrong, you will be fine if you are using a stop loss. If you did not set up stop loss and trade goes wrong your trade entire position will be liquidated(at leverage) or at the spot, you will be at a huge loss. We know, at crypto we can get 50% or pump dump at a single day. So stop loss is a way to cut the loss. If you want to know more about stop loss you can read this thread: https://twitter.com/EmperorBTC/status/1402300131127398406?s=20

It is very important to use the stop-loss feature when trading crypto, very volatile crypto prices can fall very deep and make our capital run out
if we don't use the stop-loss feature. Most people when trading crypto will definitely make mistakes and that will make us lose. Actually we
experience losses in crypto trading is a natural thing and must happen to all traders, but not everyone experiences the same percentage of losses.
If we don't use a stop-loss, it is very possible that the losses we experience are very large, because we do not always monitor the market 24 hours.
It means we don't know how much loss we will experience. But the stop-loss feature helps us set the percentage of losses that we are ready to accept.
1817  Economy / Speculation / Re: I speculate Tesla has sold their coins on: June 10, 2021, 08:00:13 AM
~
I forgot about this and you are right, there is a board that will have to decide on what to do next in terms of decision. I think it will be difficult for Tesla to do the decision of selling bitcoin because they won't get a lot out of it if they sold right now.
How about if its included into those times on where bitcoin is going down from 50k+ to 30k? We cant determine on who had actually sell off those times and we cant point out if Tesla havent sold out nor touched their coins.Therefore its really hard to make up conclusions if we arent really sure if those coins are still in intact but honestly, why would need to be an issue if they do sell it out? Its their fund or money and they do have the full rights on what they would gonna do and its none of our business if they do tend to sell it out for profits or in break even state, no one really knows.

I agree there is no point in arguing about whether Tesla has sold their Bitcoins or not. Because it is very difficult for us to prove this,
because only the leadership and owners of Tesla shares know the truth and it is unlikely that it will be leaked to the public. I don't really
care if Tesla is still HODL Bitcoin or they have already sold it, it's their right what they want to do. But according to my prediction Tesla
has no intention of investing in Bitcoin in the long term, let alone knowing Elon Musk is spreading FUD about Bitcoin. It will be very risky
if they are still holding Bitcoin until now.
1818  Economy / Economics / Re: Ruffer scores $750 Million profit from Bitcoin on: June 10, 2021, 07:00:09 AM
Good for them that they are able to make a profit by investing in bitcoin, doesn't matter that they are a company that have interest in line, they still believed in bitcoin. Now to all the doubters or second guessers out there, imagine you are ruffer but on a really smaller scale.

The positive thing with the news of companies that make big profits from Bitcoin, this news will spread and make other companies who doubt
Bitcoin become aware and can immediately join investing in Bitcoin. Of course we all have to congratulate those who believed in Bitcoin and
managed to profit from investing in Bitcoin. I am very happy if more companies can make profit from Bitcoin, because this will make Bitcoin
look good in the eyes of many people.
1819  Economy / Gambling discussion / Re: Economic Costs of Gambling on: June 10, 2021, 03:33:07 AM
Casinos will be hands off related to gambling addiction problems experienced by some gamblers. Casinos really can't be blamed in this, because
they are not a charity that thinks about helping others, Casino is a place of business and will try to make a lot of money from addicted gamblers.
As long as there is no coercion from the casino to play gambling, the casino is not responsible for the many gamblers who become addicted.
Therefore, it is very important for countries that legalize gambling to provide rehabilitation center facilities, because the state gets tax revenue
from casinos.
Dont know on whats up to others mind on why they do took the blame into the casino on why gamblers had become affected and had a miserable life just because they do play gambling too much.

It is really out of their hands and this is full responsibility of an individual on handling himself to avoid addiction which might create a problem.\

We cant deny the Cons of gambling in terms of that but lets go back on the brighter side that gambling businesses is one of the biggest tax contributor
on a certain economy.

Sometimes it is sad for people who are addicted to gambling, then they blame the casino for their situation like that. Regarding the problem of
gambling addiction, it is beyond the control of the casino,  it should be the responsibility of every gambler who already knows the risks of gambling.
Therefore, each country limits the age of those who will play gambling, this is with the intention that people who decide to gamble are adults and
can take responsibility for themselves. Casinos should be appreciated, apart from being able to provide entertainment, but make a big contribution
to the country by paying large taxes.
1820  Economy / Gambling discussion / Re: Economic Costs of Gambling on: June 09, 2021, 10:46:55 PM
Yes, both of you are right as long as the casino can attract many gamblers and they can get more money from them. The casino will not care about the addicted gamblers, how they can solve the addiction, and how the gambler can avoid committing a crime. A gambling industry contributes a big income for the government in the country that allows gambling. The casino does not think much about the side effect of the player in the gambling games because they think that is the gambler's responsibility.
Actually its none of casinos business for them to mind about their players because no one had forced them to play on particular place to play gambling.Therefore,
if they do make out themselves on being addicted due to excessive playing then its actually a personal problem for a certain gambler to resolved on and its no surprise
that casinos wont be minding about those wrecked players because they are the ones who do make out their fate. Playing too much is bad and we know casino is a business and its just normal for them to accept players as much as they can and that what matter most and the rest is never been their responsibility to catch on.

Casinos will be hands off related to gambling addiction problems experienced by some gamblers. Casinos really can't be blamed in this, because
they are not a charity that thinks about helping others, Casino is a place of business and will try to make a lot of money from addicted gamblers.
As long as there is no coercion from the casino to play gambling, the casino is not responsible for the many gamblers who become addicted.
Therefore, it is very important for countries that legalize gambling to provide rehabilitation center facilities, because the state gets tax revenue
from casinos.
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