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1801  Economy / Gambling discussion / Re: How do you stay updated on: April 26, 2023, 12:57:51 PM
I start developing an interest in Boxing and UFC matches when I visited a relative, he is so into these types of sports and he seems to know a lot about it, by I have to keep myself from asking him what and what I should do to know more about such sports, I have this in mind to be able to make some bets or gamble on such sports, my problem is I don't know how, if anyone is into such sports where should I begin? Any special UFC or Boxing platform where I can read news and updates about such sports?

How do you bet on such games? What are the things to be on the lookout for? Because I believe this is different from football ⚽, I also don't have access to satellite dish like my relative does, this is how he is able to get the best out of these sports.

what information can you give someone like me?
Sports pages in social media platforms would be enough such as ESPN and NBA. They are always giving updates regarding news related to most of the sports. Also, if it is boxing, you may follow your biased foghters to know more of them if you really want to be that updated 'coz for sure you won't be betting to all foghts, you'd be choosing only those you would want to. In terms of basketball, NBA is now on playoffs therefore teams would be limited only to a specific number wherein you can follow as well their page franchise to be updated. Bottomline is, social media platform is a wide space and is providing more updates than with the TV nowadays. Only choose those who has credentials to acoid misinformations.
1802  Economy / Gambling / Re: Which are best stake alternatives on: April 25, 2023, 10:40:37 PM
Which are best stake alternatives
I search for good casinos with similar original games
There are a lot of sites which you may choose. You can visit the forum and check those easily and you will be able to understand very easily which is suit for you and which you may choose as the alternative of stake. All the user does not prefer stake and many a user does not like the site. So, you should check which you may use.
There are other reputable gambling sites which could be an option if you are just trying to find a good one. Bottomline is how you would define a "good" gambling platform. Also, I quite not get the point of getting an alternative to a specific gambling site. Like why? If you have liked something from a particular gambling site, then why do you need to move away from it and choose an alternative wherein you could engage into it in the first place? Unless a different game is not available to that mentioned platform, it would be acceptable. But the reason why I am suggesting the actual gambling site is because of atleast the reputation; you won't make it a basis if it is not really hitting your standard.
1803  Economy / Gambling / Re: What is a web3 casino for you? on: April 25, 2023, 04:40:04 PM
Lately we have seen a lot of online casinos that are considering themselves as Web3.0 but in reality it’s just a name, they don’t over a real Decentralized experience for players.
So i want to know from you what’s are all the features an online casino should have to be considered as a web3.0 casino?

At first, some people claimed that web3 is different from web3.0, I disagree with this because Wikipedia even said it's same, web 3 or whatever you want to call it have everything to do with decentralization, the funny thing is some centralized blockchain projects are calling themselves web3, I don't know what they have in mind, it's like making a fool out of every crypto investors.



I hope that image clears some facts about what web3 is all about, now web3 with an online casino might work out only if the dev or casino owner decide to support the claim ( Decentralization ) this mean that there will be no need to ask customers for KYC or any form of identification.

Now the problem is, will the FED, SEC, LAW, Authority or whatever allows such a company to run their business? I doubt it will happen, unless the dev or owner decides to approach the same step that Satoshi Nakamoto took.
I actually percieved it as a more diversed web than what we are used to. It involves different chains and platforms which works under 3.0. So it is indeed like a typical gambling website just covering different chains when it comes on payment and transactions, which on the other hand, makes it modern. No other trait would require an existing online platform to be a web 3.0, other than being a wider network, I guess. Quite self- explanatory but since it involves decentralization and blockchains, its biggest advantage is avoiding taxes on each transaction which could be more beneficial for players especially those who bet huge amount and are winning big time as well. Whether sec and other orgs would allow it or not, for sure there will be this bases for them to balance things out fair for consumers, the law itself, and capitalists or owners of these platforms.
1804  Economy / Gambling / Re: Is something big happening behind the scenes that no one is talking about? on: April 25, 2023, 03:44:00 PM
As far as I can see, there is nothing wrong with the stakes, their policy is that they can change it anytime, no gambler can complain about that, and you don't seem to know that. In addition to that, it seems that what Stakes did was also okay because instead of removing the bonus for their qualified gamblers on their gambling platform, they still kept it even though they knew that the allocation they had for that had decreased. Therefore, they still really prioritize their community gamblers to be honest. But this was just my thoughts and opinion only.
You clearly didn't understand what the thread is basically about, it's not just about Stake, but it's about all the casinos and their licensing authority since there is news in circulation that the authorities are investigating the licensing firm and at the same time, casinos are cutting down bonuses and there might be some relation between the two events.

But it's all assumptions and no one really knows what's the case. Of course, casinos can change their policies any time they want by informing their customers about it, but a sudden change of bonuses will surely raise questions among the community.
But that's the point already regardless of the actual reason we know nothing about; a casino could make changes if for them such decision would contribute to overall growth of the casino. Whether their reason has something to do with existing issues, we won't know unless they tell us. But Licensure of gambling sutes, as far as I know, depends on the executives of platforms. On many countries, gambling platforms are accessible especially with the help of cryptocurrencies. I do get the point; changes could be alarming to players who got used to such offer but as players we do have options to take; wherein to stay or not. That's just how simple things work. Creating or supporting FOMOs on the ither hand won't work either.
1805  Economy / Gambling discussion / Re: I am only trying to stay safe by gambling less on: April 25, 2023, 02:14:57 PM
Investing in Bitcoin will not make your capital went to 0 because even Bitcoin suffering bear market, the price will not ever hit $0. While gambling it will make your capital went to 0 because the winner takes all.

Those kind of people are tend to confuse trading, investing and gambling, even though all of them have ing in the last three characters, but they're different from each other. It's better to not argue about it because if you win you will not get anything, if you lose you will not lose anything.
Everything has risks. It happened that what makes gambling, "gambling" is because of risk. Investment, trading, and gambling has all the risk which confuses people. The only difference is that risk can be mabaged more on investment and trading more than gambling because strategies work more, than relying solely with luck or one's fate.
Famz, drop your opinion on this, would you categorize these two as gambling? Because the only winning factor from Bitcoin investment is to just buy low and wait for a high price, it's not the same with casinos. Am I not making sense? I will like to hear from you.

Obviously the two are not same and we can't compare profits from investing in bitcoins with profits from gambling at a casino. First of all casinos are private companies that offer games where we can make a profit if we are lucky. All the risk and rewards are known before and there is controlled environment where the games are being played. Everybody who is 18 can sign up at the casino and start gambling, but once we lost our money it's gone. There is no chance to recover our initial money, except if we deposit more money. Bitcoins are completely different, they are not being owned by one private company that sets an artifical price for it. Bitcoins are traded every day and the price moves and as long as we don't sell our coins we are not realising out losses. We can just hold our bitcoins and wait for the price to recover.
Once your money is lost in investment or trading, things would be the same; you'll have no insurance from your losses. Things are relative with one another and that is because of the word "risk".

Gambling less would indeed make you safe from addiction because your expectations would as well be managed making you less determined to win big time in such activity; which should be everyone's mindset in the first place. You are on the right path from doing so.
1806  Economy / Gambling discussion / Re: Politicians behind the development of gambling platform on: April 25, 2023, 01:26:36 PM
A politician in the Philippines claimed to have had a hand in the development of the very controversial e-sabong platform he operated e-sabong so he can make a lot of money so he can use for the campaign, and his family to win local elections because the election in the Philippines is very costly many candidates are buying votes to secure their win, there were reports that he murdered their family's opponent because of e-sabong.
Do you think that government should have a rule or a law for election candidates not to have a franchise in any form of gambling, in fact, there are a lot of politicians who are operators of illegal small-town lotteries this is to accumulate funds they can use for election campaigns.

Congressman confirms past stint with e-sabong when it was not yet banned by gov’t
Sad truth is, no matter what rules are set, as long as money bypasses everything, they could still run a gambling platform even if their are involved with politics. They can use ghost employees to simply hide their identities and also continue the operation of that platform or site itself. That's just how money works which resembles and characterizes power, unfortunately to some countries. Even if they are caught on the act, they could use money to prolongue the trial process and eventually win the case. There are just many ways to do things as long as they have the drive to do so and ofcourse power to make it happen, both on a positive and negative manner.
1807  Economy / Speculation / Re: Correction from $30K: Reason to worry? on: April 24, 2023, 11:59:03 PM
Thing is normal and is anticipated by many people in this industry especially those who's been here for years. The market price of it won't continuously increase in a consistent manner. Chart is the key here; there is a massive overbought above $30k and if it would continue then there could be a collapse between demand and market price. The market price continuously increased from $15k up to Thirty, within three moneths which is not something to hope as sustainable. Correction which happened may be as low as $24k, less, or more; no one knows. So for now, waiting is more advisable. Also, to view this scenario whether positive or negative, depends on you 'coz to most of the investors, this is a good opportunity for them to invest and wait for the bullrun.
1808  Bitcoin / Bitcoin Discussion / Re: Why do you want bitcoin to stay? on: April 24, 2023, 11:49:01 PM
What is your reason why bitcoin should stay in the next 100 years! when the government are worried about it?
Maybe our opinions about bitcoin can give hedge to the government.
I don't give a damn if government are worried about Bitcoin or not, in as much as it remains secure and I could have total control over all my funds, because we all know that the only reason why government hates Bitcoin is simply because of it's decentralized system whereby they have no control over it, and yet it keeps skyrocketing, taking the lead of world's most preferred digital currency, due to the fact that it's borderless, fast and secure compared to our normally used fiat. 
I hope it never becomes too late when people who sees Bitcoin as scam today realised it was never a scam.

Do they still see bitcoin as scam? after hearing and seeing so many people endulge in it and make money through It, they still see it as scam,then I believe they don't have knowledge about it,because if they did,they won't call it scam.If it were to be a scam,
Many people who are multi-milloneares today woundnt have gotten to that level they are if they didn' invest in Bitcoin as at that time that it wasn't this great.
It is my top most desire to see Bitcoin last forever because I know how I was before,and I know what have changed about me ever since I knew about Bitcoin and started investing in Bitcoin.
as long as there is people who are giving value to bitcoin then bitcoi will always last. bitcoin gives opportunities to people who doesn't have much to move forward in life and that's what government cannot give to people, and seeing that opportunity, the government want to seize it and play monopoly since they didn't want others to seize it first or see others using it, or maybe they are the ones greedy and want to use it for themselves aside from worrying about the risks that may come.
Bitcoin gives opportunities to people who doesn't have much? How come?
Let's be real; investors are the ones who are making use of this industry because a capital is needed in order to move forward in this technology. Indeed there are things which would give you profit if you're an investor but that is not solely with Bitcoin. You may invest a small amount in Bitcoin but never expect high returns so I guess it contradicts the statement "gives to those who doesn't have much". Bitcoin will stay as a profitable asset for the following years as long as countries won't make a move to prohibit its usage. On the other hand, it is not being used as a currency or mode of payment by most of the people and view it as more beneficial as an investment.
1809  Alternate cryptocurrencies / Altcoin Discussion / Re: What is your favorites altcoins these days? on: April 24, 2023, 11:27:47 PM
APE, ALGO, XRP, and ID. Actually, 'twas only this year when I engaged more time to focus on these tokens and somehow, they are creating a more visible pattern whenever I am trading. But in terms of investment plans, theses coins I guess have huge chance to recover once uptrend takes place in this industry. They quite reached high market peices recently before the correction occur. And after the recent decline in this market, these four are already showing and filling the gaps, in which for me is a good indicator to consider a coin good to invest. But since we are talking about Altcoin, only a few would be okay for consistent long term holding, therefore monitoring would still be required to avoid sudden mistakes.
1810  Bitcoin / Bitcoin Discussion / Re: Which YouTube channels and pages to follow for update on market news and TA? on: April 24, 2023, 11:11:59 PM
No specific I guess. But it is Twitter which somewhat gives the latest update in this industry. Instances? Check how Elon's tweets affect the market prices. News on the other hand I guess, would be better if you will follow as much as you can to keep yourself updated. And when it comes on Technical Analysis, indeed news would be a factor on what would you anticipate; bearish or bullish. But TAs are more dependent with the pattern that particular token is forming on its chart. On my end I do only follow some of the news provider online 'coz my TAs are solely dependent with charts and somehow it is still working. My reason is to avoid FOMO 'coz social media platforms are a wild ocean of information so atleast filter what you would digest.
1811  Bitcoin / Bitcoin Discussion / Re: Benefits of Bitcoins recent price drop on: April 24, 2023, 03:29:42 PM
Would basically open opportunity to investors who missed the recent uptrend. But things won't be as easy as it would sound. No one knows when will the market price again increase or even reach new ATH. Therefore, there would be no assurance of until when will an investor need to hold in order to generate peofit from investing in this industry. The correction which took place recently has no certainty of how low could the price be; based on the chart, the market price continued to increase since last january wherein the price was still $15k. In comparison to its present market value, the price could be lower than its current. Would be in favor of those who earned already to again, invest, but would be a bad thing to those who entered halfway of the uptrend because they's be forced to sell and again enter.
1812  Economy / Economics / Re: Living ones life on assumption and promises on: April 23, 2023, 11:55:33 PM
You make a valid point about the risks of relying on promises and assumptions when making financial decisions. While it's natural to feel excited or hopeful about potential opportunities, it's important to maintain a realistic outlook and plan for contingencies. By adopting a proactive and strategic approach to managing your finances, you can minimize the risks of relying on promises and assumptions and build a more secure financial future.

Harsh reality; easy to assume but difficult to actualize. Remember how we supposed to dream when we were young? The idea of getting rich, married at a certain age but here we are now. Not all people managed to meet their expectations simply because of realization of how do things really happen in real life. Same thing with finances wherein an individual could diversify one's wealth and have it planned for things but there will just be times change would be constant for those plans. Expectations and assumptions will always be there but atleast manage it to a point that you would be open or conscious as well for possible changes whether for the better or just being prepared for the worst.
1813  Bitcoin / Bitcoin Discussion / Re: Is $30 dollars worth starting bitcoin? on: April 23, 2023, 11:44:17 PM
Any amount would do. Having the thoight or even having the courage to spend a dime investing not only to Bitcoin but also with other form of investment should already be something to be proud of. You are not required to go up against other bigger investors in this industry. You just have to bet for your own sake. Any amount will do as long as you would be determined and dedicated to wait for its potential profit but ofcourse things will have limitations; the bigger the investment, larger the profit. So if you think the amount you would invest is not as big as what you actually desire then atleast manage your expectations on the profit potential. But again, what is important is the idealization to invest which can be used over future endeavors.
1814  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Is it advisable to invest on Solana? on: April 23, 2023, 11:23:19 PM
Well, solana is a good coin to invest we all know that; its chain became larger than its early years and that is already something to be okay with for this token. Problem are issues on its name. It is being used on nft and other projects which made it on top of majority of cryptos or altcoins. If you are checking for its validity as an investment in this industry, I would personally yes, given that there is a hype which should be enough to sustain the increase on its value in the future. On the other hand, nothing will give you an assured profit on a specific time frame; its market price still is down but for sure this coin would be one to follow the uptrend once the market again, becomes bullish.
1815  Economy / Speculation / Re: What if BTC won't see ATH again? on: April 23, 2023, 10:46:00 PM
Let's be honest, market do not follow any rules. There is no rule or law that says BTC should reach another ATH next cycle and next after. What if 69K was the maximum it could reach, and for the next years or decades it will be mostly fluctuating between 15k and let's say 40k.

So, let's collect here the reasons why there will be ATH for BTC.
Name one (at least) reason, please.  

Some reasons collected so far:

1. "More than 90% of the people in this world has not yet bought bitcoin, do not worry, the adoption is still continuing. You will still see bitcoin at $100000 ane more."
2. "... as long as fiat inflation is still happening (which means a decrease in purchasing power), you can rest assured that assets like Bitcoin will keep going strong."
3. "We might see multiple ATH in the future once fiat explode. Bitcoin is the alternative and safe haven for people to escape inflation."
Actually, sky is the limit. One reason is limited supply; if demand would be continuously increasing and given that there is a limited supply of Bitcoin to be mined, then its market value could continue increasing in the future especially if more people will be fond of using this technology as a mode of payment due to its advantages ovet fiat. However, there is indeed a tendency that its price will not again reach the ATH; if this industry will be abandoned by people or governments of many countries for any possible reason such as prohibition due to not being taxed and such. Since demand is affected by many factors we cannot control what will happen 'coz it is a double edged sword. If we can't control its price going up, then same thing as it falls, bottomline is, demand will be the determinant of its value whether it is going up or down.
1816  Bitcoin / Bitcoin Discussion / Re: Inactive BTC whale transfers $8M worth Bitcoin After 10 years Inactivity on: April 23, 2023, 04:03:37 PM


How come a holder did not transfer his bitcoins after being inactive for ten years i.e. in 2021 when the price of bitcoins peaked, but in today's down market why did he transfer his bitcoins?

Ref:
https://twitter.com/lookonchain/status/1649387289745977344?s=19
https://decrypt.co/137493/bitcoin-whale-moves-nearly-8m-after-10-years-inactivity


He has plans for sure.
We can think of possibilities such as the wallet have been forgotten, or lost and just recently found, and such. Diversification as well could be a possibility but bottomline is, we won't know unless the individual would introduce him/herself discussing what will he do and answering our why's. Ten years is a long interval and what we should be emphasizing is the length of time a huge amount was held 'coz if I were him, I have probably sold it on previous ATHs 'coz no one would expect corrections or higher market values or simply jo one has full control of the market price movement right? We just have our own reasons from doing things whether it is against the norm or not.
1817  Alternate cryptocurrencies / Altcoin Discussion / Re: Next bull market comes in June on: April 23, 2023, 03:35:08 PM
Assumptions are simply opinions and given that there's no certainty of how will the market behave in general, it wouldn't be advisable to rely on such speculations especially with your investment decisions. Bullish marjet is more assumed to occur next year because of the anticipated halving. It just happened that early this year, an increase occured which quite built a hype to the investors to expect an early uptrend but right now, a correction have occured which surprised them. Best thing to do is to wait for things to calm a bit than to go up against the flow of the market. No one knows when will it exactly occur so atleast be patient for now; that's the best thing to do.
1818  Economy / Economics / Re: Retirement Age for Workers - Does this Make Sense? on: April 23, 2023, 02:56:32 PM
Here I will say that this is just a bit of reality based on what I have seen from my relatives, They retired after completing 60yrs of service in the government, let's say that they will get a large retirement pay, and let's say that they will set up a business and house depending on the payment to be received in retirement. I think they will not be able to enjoy whatever business or property they buy because they are old. But anyway, of course it's their choice and we have no rights to say that their decision is wrong.

This is also true in our country as most people really don't have that choice to retire early since it is really hard to earn and save consistently in this kind of economy. But, I think, it takes good planning and discipline towards ourselves that would let us have a choice on retirement age. But, the sad reality for majority is that they have no choice but to work their whole life since financial planning isn't the strong suit of majority here leaving them no plans for things like retirement.
Solution is making use of the retirement fee, efficiently and wisely. Invest it to a business which has low risk such as grocery store and such, in order to keep the flow of money going. Depending on the money to be earned from retirement would end up in a mess for sure especially if it is not the retired employee who would make use of it; therefore that won't be sufficient. But if things will be used with plans and restrictions, a huge amount could be enough to generate another income. But regarding early retirement, indeed mist of the people have no choice but to continue working oneself until that ceiling age unless they would be able to save money during their days as an employee to achieve esrly retirement.
1819  Bitcoin / Bitcoin Discussion / Re: Is bitcoin price control by human agents or electronic technology? on: April 23, 2023, 02:20:24 PM
Nothing controls the market price other than demand fromd the majority. Well, if some people would point out whales or large investors in particular with 'waves' on the market price, that is just temporary or short manipulation. The continuous movement in the market value depends on the interest and investment actions of people in this industry. What contributes to demand are factors such as news and beliefs such as with patterns or cycles in this industry.
Bitcoin price is form when demand and supply meets,Bitcoin is a digital currency that is perfectly work online as a means of payment and also trading and investment as it applies, Bitcoin does not have a central authority. The bitcoin network is peer-to-peer, without central servers. The network also has no central storage, Bitcoin price is controlled by supply and demand, obviously, it is controlled by the action of people setting up buy demands and sell pressures. Cryptocurrency is not controlled by anyone
The size of the network or chain just determine how huge the community is of a crypto. But other than that, there's no such thing other than demand, which controls or even affects the market price movement of not only Bitcoin but all cryptocurrencies. A domino effect is the pattern which would explain it all as characterized by demand and supply in this industry in general.
1820  Bitcoin / Bitcoin Discussion / Re: Bitcoin is going down day after day right now on: April 22, 2023, 08:05:04 PM
No need to panic; definitely a part of its correction process. As we can observe its market price continuously increased from $15k early in january up until $31k. How low would it go? No one knows for sure so better manage the risk involved. You may set a stop loss if you are too worried or just let things be. There is a high tendency that the market price will again increase and the only things we should do are to be patient and firm with what is happening in this market. An investor could also take partial exist and wait for the 'bottom: to somewhat make their funds more efficient, problem in this case is to be left behind once a huge wave occurs in its value. So better be careful.
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