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1981  Economy / Gambling / Re: Without money, does it still qualify as gambling? on: April 28, 2023, 11:54:21 PM
IMHO. Yes, because of the requirement that it has got.

The winning amount has 1X wagering requirement

Good catch but it is after you win the price.  Isn't it?  So winning the amount from the prediction, you do not stake anything. Thus, you did not gamble or put a stake that comes from your purse at all.

Withdrawing the winnings is another part where you wager your winning amount.  If we connect it, you still don't wager anything from your purse at all because you did not stake anything in the first place.  You are playing with the host's money, right?  And it will be yours once you meet the requirement.  Well, I partially agree that this action (claiming the prize) is gambling since there is a wagering requirement regardless of whose money it is but the first part which is the prediction contest isn't.  Gambling came after the contest is done.

Good points mate.
Yes, that's after when you finally have won and that's what I'm telling that those that are giving like free bets and free tickets, they're still all considered gambling even if you have nothing to stake with and as to the requirement of getting the prize, you'll be required to at least have 1 wager requirement and it hasn't said any amount on it so basically, that's a heads off and easy requirement that one can simply comply afterwards.
1982  Economy / Gambling / Re: Without money, does it still qualify as gambling? on: April 28, 2023, 11:17:55 PM
And in opposite when you've got nothing to bet for and it has no value for you but has a value based from the casino that has given that bet freely, it's still can be considered as a gamble.

Tell me is this gambling? Bitcasino.io 🖤 Bitcoin Predictor (April) is back with a twist!

IMHO. Yes, because of the requirement that it has got.

The winning amount has 1X wagering requirement
1983  Economy / Gambling / Re: Without money, does it still qualify as gambling? on: April 28, 2023, 08:58:37 PM
The occasion is indeed gambling , but the bettor ? can we consider them as Gambler in that way when they did not even put a single cent to gamble?
this is  a never ending debate I believe unless will be answered directly by those who are involved and admit if they are gambler or not.
this can be handled by not gambler that only wants to try their luck as it is a freebet.
They can be said to a gambler because in times that they will win with those free bets then that means that they have gambled and they're gamblers.
Having free bets isn't only limited to nongamblers but even those hardcore gamblers, we all want to have free bets if it's possible that we can win some bets and prizes through it.

Gambling can be played in a variety of ways. You see, would it class as work if you are not paid in money? Does it class as a purchase if you decide to pay exchanging something? My take is that it is as long as you put there something that has value, from your own time, reputation and even intangibles... or works of art or anything. Time is money as they say.
And in opposite when you've got nothing to bet for and it has no value for you but has a value based from the casino that has given that bet freely, it's still can be considered as a gamble.
1984  Other / Off-topic / Re: Working over 20 years still poor on: April 28, 2023, 08:32:35 PM
The same work some do for 5 years and make it in life, other may do it for over 20 years and still feed from hand to mouth. Can we conclude that such are individual destiny?
Depends on the situation. There are workers that have been working 10-20 years and then they're part of the sandwich generation and that's why the life don't have any progress on them. And that's because they've been obliged to sustain their parents needs and not for them.
There's also the difference between someone who knows how to manage his finances than of those that are lacking financial knowledge.
That's why some even have shorter tenure of employment gets more assets and better handling in money and managing it.
1985  Local / Pilipinas / Re: Epekto ng Crypto at Bitcoin sa Ekonomiya ng bansa on: April 28, 2023, 06:01:55 PM
Yun yung isang impact na maraming nagpatuloy sa pag-aral pa sa crypto dahil sa mga play to earn games at naging grateful din naman kasi itong market na ito para sa lahat.
Kung tutuusin mas matagal na ang stock market sa bansa natin pero itong crypto market lang ang nag open sa marami na ito ay para sa lahat, may alam ka man o wala.
Pero siyempre dapat alamin muna ang investment bago maglaan ng pera kasi volatile ang crypto at sobrang daming mga choices.
Madami rin tayong mga kababayan ang nahuhumaling sa mga meme coins kasi ang dami nilang nakitang successful doon.

Tama dahil nga naman sa maraming natuto sa market kahit sinong mga kababayan naten ay naexpose na sa market pero dahil din dun marami sa mga kababayan naten ang nascam at naluge dahl kulang sila sa reason at kaalaman sa cryptocurrency. Marami lang talagang nabulag sa profit dahil nakikita nila na sobrang laki ang kinikita ng ibang mga managers lalo na sa axie infinity, marami akong kakilala na naginvest ng 100k at inabutan nalang sila ng pagbagsak sobrang laki ng luge nila.

Malaki ang epekto neto sa ekonomiya ng Pilipinas lalo na kapag nahype nanaman ang NFTs pero curios ako if marami pa bang magiinvest sa mga ganitong high risk high reward na investment.
Dami talagang nalugi kasi karamihan ay may pera lang pero kulang sa knowledge pa sa crypto noong mga panahon na yun. Pero halos yun na yung nagturo sa kanila na highly volatile ang crypto. Ang sarap sana na sobrang laki ng profits nun na every 2 weeks withdraw withdraw ka lang tapos benta ng SLP tapos breed breed, kaso yun nga lang hindi talaga kayang masustain ang ganong business model.
1986  Local / Pamilihan / Re: NBA discussion, betting and etc. on: April 28, 2023, 05:26:29 PM
Wala, laglag na Bucks. Grabe yung laban na yun, nagka overtime pa. Sobrang dikit ng laban at ang akala ko makukuha na ng Bucks yung laban na yun.
Grabeng crucial at credits kay Jimmy sa last shot na yun, buzzer beater para magka OT. 5 teams na pala ang abante at ito na yung advance bracketing.
1. Nuggets vs Suns
2. Heat vs Knicks.
3. 76ers abante na rin, waiting pa.


Grabe yung nilaro ulit ni Butler talagang ung gana manalo eh makikita sa mata nya, pinatahimik yung fans ng Bucks, ung highlight talaga nung laro eh yung pang push sa OT, hindi na halos makatotohanan eh parang hinagis na lang pero sadyang nandun yung kumpyansa sa tira nya kaya saktong sakto at sa OT talagang napunta na sa Heat yung tempo ng game.
Kaya nga, may touch din ng swerte sa tira na yun pero ganun talaga. Mga shots na hindi inaasahan at ang akala natin may extension pa sila ng Bucks kaso tinapos na ni Jimmy.

Bukas may dalawang match up, interesting din to dahil do or die na ng Lakers vs Grizzlies at ganun din ang Warriors vs Kings.
Ito rin sa inaantay na mga matches ng karamihan, itong dalawa na ito. Lakers saka Warriors. Sana makapasok parehas yan kasi yan naman sa ngayon ang maraming fan base. Kung ating iisipin, sobrang bagsak ng Lakers sa start ng season na ito tapos sila pa umabot ng playoffs at baka nga mag finals pa.
1987  Economy / Trading Discussion / Re: Im trader new here but in the trading quite long Im looking for partners on: April 27, 2023, 11:42:11 PM
Since you seem to be confident as you're trying to sell your picks and signals, why not apply it to your own trades and be the own customer of your signals?
I don't understand that many such offers do exist and if you're good with your picks then make yourself the own benefactor of it and be productive with your trades.
In that case, you'll not going to depend on the little commission that people that shall approach you and want to hear what you've got there. The results will benefit you instead of sharing it with others that might even runaway afterward if they profit.
1988  Bitcoin / Bitcoin Discussion / Re: Maybe I should wait before owning my bitcoin on: April 27, 2023, 11:06:40 PM
I'll trust more the greed index than that vote meter of buying and selling. Well, we have our every way of determining if it's a good time to buy or not.
But most of us will start buying when we consider the price is low and not with that type of measurement just as what you've indicated and said to be what you'll be following.
Anyway, if you buy, just think of it as your permanent decision that can't be altered so that you will have no regrets.
1989  Alternate cryptocurrencies / Altcoin Discussion / Re: How to avoid a scam project? on: April 27, 2023, 07:04:00 PM
There are so many new projects launching everyday and some of them can be good and some of them can be a scam as well. How can we identify it well? Perhaps we should have more discussion about it so we all can learn from everyone's experience.
When it's obvious that the project has nowhere to go. Someone can go in depth of research and can see that the people behind it seem to be the same people that we see on LinkedIn where they could have grabbed their photos.
That's why looking at the website and contents of it is a way to determine if a project should be avoided and from that, it'll be like a life savior for you when you have found out those type of red flags.
1990  Alternate cryptocurrencies / Altcoin Discussion / Re: Is it safe to keep your money in bank? on: April 27, 2023, 06:27:23 PM
The bank is a place to save money, not a place to invest.
Correct. It's a storage where we can keep our cash but that shouldn't stay there for long.

I keep money in the bank because I believe keeping money in the bank is a safe place. I get profit every month from bank interest yield, but for investment, I believe in crypto world after I invest in crypto world. profits from the results of my investment save again in the bank.
How much you're earning from their interest? They're too low compared to if you go with it on the market but then, the risk is lower, and almost got no risk at all by keeping it there.  And if this strategy works for you perfectly, there's no need for you to change it.
1991  Bitcoin / Bitcoin Discussion / Re: Investment in bitcoin on: April 27, 2023, 05:31:48 PM
Yes, holding Bitcoin for the long-term can be a good investment strategy for those who believe in the long-term potential of the cryptocurrency. It is true that the price of Bitcoin can be volatile in the short-term, but over the long-term, Bitcoin has shown a tendency to increase in value.
If someone is still in doubt about that fact, they can hover over the chart of Bitcoin and look at its history.
That's more than enough to prove that bitcoin is something else and they can argue anytime they want if they're doubting it. But they'll never change the proof that we've got mostly as we've experienced the essence of having bitcoin. Having it is one of the best investments that one can ever have.
Those that keeps on doubting it will just see the other holders profiting from it at the right time when the bull run arrives.
1992  Alternate cryptocurrencies / Altcoin Discussion / Re: OpenSea investor cuts Platform’s Valuation By 75% on: April 27, 2023, 04:43:47 PM
That's a lot of losses for them. They should have sold their shares on them when it's on the top days of NFTs.

So we will see if NFT can live or continue to exists till the next bull run. It will be the ultimate test for this market, in my opinion.
They might do something about this for them to at least get a break even. That's a lot of money that they've invested and I guess just like most of us, they've invested through the hype and didn't anticipate this happening. With the scenes that we've seen on this market, every trend has its end and there will be a new one that shall emerge while forgetting the former. Maybe they should just take the losses before it bears more losses.
1993  Economy / Trading Discussion / Re: Staking really great way in crypto wealth on: April 27, 2023, 02:59:29 PM
Staking when price fall you just buy more and put in to staking once price goes up you don't need to sell it you continue to staking so after u earn more.
The new feature on exchangers the EARN could be one of the best ways to earn income some of them Even no lock up or little as 14 days.
No liquitation risk and you sleep well newbie friendly method..instead of trading off course If you know what you doing trading good Also but staking Are great one.
Yes, they're one of the best ways to earn these days but there's still a risk with it. If an unfortunate moment comes and they've been hacked, they can just say that everything that's staked has been compromised and there's no way for them to have a refund.
This scenario can be real and that's why don't be too overwhelmed with these earn features even if you find it convenient. It's still best to stake into those wallets where you also hold the private keys. You have it better and secured and you've got more peace of mind and you can sleep better than it is with the exchanges.
1994  Other / Politics & Society / Re: Another bank again on: April 27, 2023, 01:02:50 PM
First republic bank lost 50% of it's value today and will reportedly be seize by the US government.

Another major bank has collapse, banks are dumping an bitcoin is pumping,
It pains me to see what is happening to the banking sector, but the good news is that bitcoin is doing what he knows how to do best, keep on pumping.
Well, this is a phenomenon that we're seeing. Banks here and there are starting to have their shares plummet and recording all-time lows with their shares.
Whilst bitcoin is doing good, people is starting to see that there's something wrong with the banking system that must be changed. And, we don't know how many of them will come and bite the dust from these known banks that have been operating for years. Just for the record and reference, here's a link to the news.
(https://www.reuters.com/business/finance/first-republic-bank-shares-plummet-day-after-hitting-record-low-2023-04-26/)
1995  Economy / Gambling discussion / Re: Boxing Speculation, Odds and Predictions on: April 27, 2023, 12:09:38 PM
~snip~

Match of the year as far as the hype, but in the fight itself, it was a clear domination of Tank Davis, so I don't see it qualifying for fight of the year. There is a good match though still for us, and that is Haney vs Loma, this could be fight of the year of the match goes like back and forth between the two and it's hard to see who is winning.

Yeah, seems that Garcia has accepted that he can't be a lightweight anymore, time to move up to light welterweight at 140 lbs so that he won't rehydrate himself to death just like in this fight. And most likely it really affected his power because he can't rehydrate his body because there is a clause that he can only go as high as 10 lbs to recover before the actual fight. There are fighters that rehydrated as high as 15 lbs just to get their body to 100%.
So far as someone who's just having my opinion being shared, that's what I think but then. This is still a long year to go and there can be other fights that can surpass the hype that this match has got.
We've got another match upcoming from the Paul brothers and that's as usual have a lot of audience since they've managed to capitalize the hype and fame that they've gained throughout these matches.
1996  Economy / Gambling discussion / Re: 2022–23 PBA Commissioner's Cup on: April 27, 2023, 11:14:22 AM
This isn't just in the PBA but in most sports - people often think that games are rigged, but until now, no one has proven it. So it will just remain a speculation, and regardless, it won't affect the interest of the people in watching the game, especially for those real diehard fans.
Well, honestly that thinking will never be gone in any sporting event where gambling is also being done. It's not just all about the teams but it's the fans that are making these statements and thinking that they know better. It's possible that there really is match-fixing because it's seen for some sports but innocent until proven guilty. That's just a typical thought from the fans whenever the team they like didn't win especially if it's the finals.
1997  Bitcoin / Bitcoin Discussion / Re: Why gambling and mixing called bad actors in bitcoin on: April 27, 2023, 10:34:29 AM
From my experience and observations, I noticed both Bitcoin mixing and online gambling using Bitcoin are mostly regarded as bad actors in Bitcoin despite both being the highest Bitcoin adopters and having the largest Bitcoin volume in transactions and services.
Secondly, if Gambling and Bitcoin mixing services are called bad actors, what about centralized exchanges are they also perceived as bad actors in Bitcoin?
They'll link to anything they want to just to give that bad impression for bitcoin. Look, they're already concluding that mixers and casinos are bad things but aren't they looking at the good side of it that it increases someone's privacy if he uses a mixer?
Whilst in gambling, is there any different from it as someone does bitcoin gambling and those that are gambling in the traditional casinos? I don't think that there's that much difference on it as it's just someone who gambles bitcoin as the currency and someone goes to the casinos that gambles with fiat, they're bias and simply hate bitcoin.
1998  Other / Politics & Society / Re: Do not waste your time on: April 27, 2023, 09:49:51 AM
That's true that if you're not making money from them then you're just wasting your money. But don't forget those people that are also into entertainment, it may seem to be much saying that we're all wasting our time but those that understand their limit are just passing by and killing time through it.
Yes, there's nothing bad in passing time or having some fun through it but people should know their boundaries as you said because things like this are like gambling addiction and the worse thing is that they consume a lot of internet data.
I understand that some countries don't have that allocated much of data into their countries but it's not a problem to the most if they consume a lot of it because it's paid.

The only social media app I have is Twitter and it is only to keep up about some important crypto events and news.
Well, that's nice. It's a known social media platform where most of the crypto projects are active.
Yes, but it is also the empire of cryptocurrency influencers abusing of power.
And the shilling there is rampant and that's why someone who's there should be aware if they're being shilled by the influencer that they're following. But usually, most that everyone see there are insights from genuine crypto influencers.
1999  Local / Pamilihan / Re: NBA discussion, betting and etc. on: April 27, 2023, 09:01:41 AM
Wala, laglag na Bucks. Grabe yung laban na yun, nagka overtime pa. Sobrang dikit ng laban at ang akala ko makukuha na ng Bucks yung laban na yun.
Grabeng crucial at credits kay Jimmy sa last shot na yun, buzzer beater para magka OT. 5 teams na pala ang abante at ito na yung advance bracketing.
1. Nuggets vs Suns
2. Heat vs Knicks.
3. 76ers abante na rin, waiting pa.
2000  Local / Pilipinas / Re: Epekto ng Crypto at Bitcoin sa Ekonomiya ng bansa on: April 27, 2023, 08:24:57 AM
Sabagay bugok sa mga naluge sa investment nila marami din naman ang nagprofit at kumita, marami ngang mga kwento sa youtube at kahit sa televesion naten kung paano sila kumita sa P2E. Marami sa mga kababayan naten halos lahat ng trending na P2E ay iniinvesan na, marami din namang mga Filipino ang nakapagtayo ng business nila dahil sa P2E na for sure malaki ang naging epekto sa Ekonomiya ng Pilipinas.

Hindi talaga pang long term ang mga NFTs para saken dahil hindi sustainable or kahit na sabihin naten na for collection lang ito.
Oo nga, nung nag trending ang play to earn, madami na naging optimistic sa area na yan at halos lahat ng laro pati nga kabayo na pegaxy na akala nila easy money. Sobrang daming nag invest doon kaso nga lang mas madami ang nalugi.

More on negative side talaga maraming nalugi at nascam ng Play to earn games, pero on the positive side maraming mga kababayan naten ang naging familiar sa cryptocurrency at natuto na maginvest pati na rin ang magtrade, maraming naging aware pagdating sa kanilang financial at naging aware din sila sa mga ganitong scams na wala talagang easy money.
Yun yung isang impact na maraming nagpatuloy sa pag-aral pa sa crypto dahil sa mga play to earn games at naging grateful din naman kasi itong market na ito para sa lahat.
Kung tutuusin mas matagal na ang stock market sa bansa natin pero itong crypto market lang ang nag open sa marami na ito ay para sa lahat, may alam ka man o wala.
Pero siyempre dapat alamin muna ang investment bago maglaan ng pera kasi volatile ang crypto at sobrang daming mga choices.
Madami rin tayong mga kababayan ang nahuhumaling sa mga meme coins kasi ang dami nilang nakitang successful doon.
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