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2161  Economy / Gambling discussion / Re: how many times have you intended to stop gambling on: February 08, 2023, 05:46:29 AM
It's pretty common for those gamblers who lose a lot. I am sure that most of us hear this coming from a gambler who has intense emotions due to losses and is complaining to the casino that it is not fair, but after the emotions calm down, you see him again depositing money, and after winning some games, he wouldn't be saying anything. Though mostly the reason for this is that they are just addicted or they just can't quit due to their need to earn money.
2162  Economy / Economics / Re: When your passive income equals or slightly above your salary, what would you do on: February 08, 2023, 03:28:48 AM

I have been in a job I detested and although I somehow managed to stay at it for up to 4 years, I didn't even for once let go of my passionate hobby and other passive streams of income I was interested in at the time.
Today, one of my passive interests pays more than my salary. My mind has been yearning for a resignation, but opinions of others and family bears the message of patience with the job I so much detest for reasons ranging from inflation to fear of the unknown.

If you were in my shoes, what would be the best advice you would give yourself and adhere to in this instance?

I need to emphasize to you.
You only live once in the world, so have to enjoy it, so there will be no regrets one day. Time is a part of life that cannot be turned back, use time wisely to create a better life by doing the things you love.
If your time is limited by a job you don't expect, get out of that job right away, it's pointless to stay there if you're not happy.

Money can still be found, happiness cannot be bought. This is only a suggestion from me.


I am amazed at those people who are pursuing their dreams, taking the risk to leave their job, but this is not easy for those who have families to feed because they need to see that he can still provide while pursuing his dreams. Time is really precious, and still you are suffering from the job you don't want, so it is really better to chase your passion so that you treat your job as a hobby that you are enjoying. How I wish I could do this, but I can't take the risk as I am the breadwinner.
2163  Economy / Economics / Re: A steady source of income is a man's bottom line to support his family on: February 08, 2023, 02:43:13 AM
He should accept those low-paying jobs that he found because he needs money, right? For his wife, no matter how low the salary is, it is better than not receiving money. It was the same situation for me before; if I hadn't accepted the $4 per day salary, we would not be eating for a few days. He should accept it while he is still finding another job.
 
Having multiple source of income and also having savings is needed for us because anything can happen so we should be ready that even if we lost our job we can still last 6months with food in the table
2164  Economy / Gambling discussion / Re: [POLL] Using AI to predict outcomes on: February 07, 2023, 05:12:17 PM
I believe there's no AI that would help us win in gambling, we cannot just solely base on statistics because that will result in a disaster. Successful gamblers based their prediction on different factors and stats alone although a major factor but it's not the main thing that would help them succeed in what they are doing.

Thing is, if one player will miss a game due to injury, that would definitely make the AI inaccurate in its prediction.

This makes sense.

If we're going to rely to AI, there is still no guarantee that we will win the bet because AI's predicted results isn't really foolproof. AI just also depends on the information that is stored in its system, and it still hasn't fully eliminated the error that could possibly happen. While there could be a smaller percentage of being wrong because it got rid of human errors based on the program, deciding solely on its prediction should be taken into account first.

Analyzation whether it is probable or not should still take into place to avoid regrets later on. We can't still beat a double-checked information from factual and updated sources after all.

What's best about the human mind is that it is very flexible in scenarios and can quickly change the result or what is best wanted, unlike AI, which for sure would be pure statistics based on its previous data or history. Though, let's say, we will be using it for predictions only, not deciding on whom you will bet, it would also be nice to have it and have an explanation as to why the AI selects those people to bet, but again, it is still our choice who to bet. I am just amazed at those AI how quickly they process the information, unlike us, like calculating things, which was slow, so it would be good for other gambling games that you can use statistics strategies to predict the game.
2165  Bitcoin / Bitcoin Discussion / Re: I am stopping for legal reasons. Is it really worth the trouble? on: February 07, 2023, 01:24:23 PM
As many of you may have read my previous posts and know that I used to accept crypto in my business. I was waiting for a Bitcoin payment to happen because all others were in alts. I used to convert them to BTC. No big deal there. But recently I am facing some issue with this.

I had to stop accepting Bitcoin/ Crypto payments because Cryptocurrency is not legal here anymore. It was in a gray area for quite some reason, but recently the law department is making their move by putting crypto in a black area, thus declaring it illegal.


I don't wanna wind up in some illegal affairs, so I put a halt in the crypto payment section. From my point of view, this is the best option I am left with right now.  I have no idea when will I be able to continue, or will I ever be able to continue again. And this whole thing is not because of any complaint from the police or anything like that. I am doing this for my own safety and to continue with my business. They are putting people in jail if they know we possess crypto.

So it's a personal thing for me. I can still continue if I wish to, but that doesn't seem like the wise decision. So let's hear what you guys want to say. Give me some advice from your personal experiences.


It would make your business illegal, which is bad for you and your business. The law is always a law, so if we follow it, we won't have a problem. If that's the case, it would be better to stop to prevent problems, and let's hope that it will be lifted soon so that you can start accepting this as the payment method. Though I've read the announcement of it, which was 2017? How are people reacting to this? as other businesses still continue to accept or not? because it is nice to not completely stop this but again you'll always get nervous if you still continue this and worrying so much that someone will come up and will close your business as you still continue accepting crypto.
2166  Economy / Gambling / Re: Gambler Loses 1.4 million USD in a bet with lower than 1.01 odds! on: February 07, 2023, 11:59:43 AM
We don't know his bankroll and maybe he doesn't even bother because he has billions, but if it was a substantial amount for that person, would it ever make sense to place a bet of that size at all? Saying that this person wanted to play it safe would only apply if that amount of $1.4 million is within his perfect bankroll management range. Otherwise, if someone is seeking the kick in putting up $1.4 million for the chance of winning $11,200, I would think that there is some loss of control at play because nobody would care about winning $11,200 in exchange for risking over a million. 
Observed so many people in this thread thinking that this gambler might not have cared much about this loss because he could have been a whale, but I completely disagree since it's still a lot of money for them too at the end of the day.

Rich people are usually more greedy when compared to poor people. Whether this gambler was a whale or not, this loss most probably affected him/her in a big way.
If you can consider rich people to be greedy how the heck did they end up becoming rich? I do not believe that rich people are greedy because they know how to put their money at work, they are the most patience in the whole world, they invest and easily expect results after several years later, poor people can't do this, to me the poor are the most greedy because they can't let go, they find it hard to invest money, they find it hard to take risks.

There are still rich people that are greedy but at the same time smart, greedy in the way that they can still earn huge money, but with the poor, they can't be greedy because they don't have enough money to chase things, but if you say they will borrow money, that is another term as they are addicted to it. Back to the topic, it is impossible for someone who doesn't get affected by the loss, even if you are rich, because you take good care of your money, which is why you get rich. That is still a huge amount, if we are saying thousands, unless he is a spoiled brat.
2167  Economy / Speculation / Re: Can I invest my 60% savings in Bitcoin? on: February 07, 2023, 10:45:21 AM
Always invest what you can afford to lose because we don't know what will happen to the price; we can't 100% predict the market. That is why others won't go all in because they don't want to lose all of their money. You should first ask yourself before asking for predictions if that 60% savings is okay for you to lose. I mean, even if you do everything but still use it, is it okay for you? like you don't struggle in life? If yes, then that is the time you'll decide, as for sure people will say here that it has a low possibility that the bitcoin drops to 0. If I were you, I would invest it in bitcoin and hold it for a few years.
2168  Economy / Trading Discussion / Re: Trading addiction, are you coping? on: February 07, 2023, 09:23:45 AM
The only thing that I can think of that makes a trader addicted is that he keeps winning and earning huge profits, which gives you an addictive effect as you are earning big and you are still hungry for more, but it is more related to greed. Also, we can't compare losing to trading in gambling because in gambling, if you are losing, you'll tend to chase it back and also have fun with it, unlike losses in trading, where you'll be thinking of quitting as you'll be struggling a lot.
2169  Economy / Trading Discussion / Re: who would you trust? on: February 07, 2023, 07:10:12 AM
Trust could kill you, though I don't see any reason why you need to select between experienced and newbie because it is in your own hands on how to improve your strategy. You are just using their opinion to make better tweaks to your strategy, but that doesn't mean that you will really follow it, meaning you are just finding out if their tips are relevant and thinking that it is good for you no matter their experience level as long as they give relevant opinions on you. It is like old people who have a lot of experience in life but are not that computer literate compared to those teenagers who are very tech-savvy but still new to life.
2170  Economy / Economics / Re: The journey of Bitcoin. on: February 07, 2023, 06:20:11 AM
It would be more than doubled because the rate of increase from 2009 up until now has not been that fast-paced because not all people have internet access and devices to browse the internet before, and comparing right now, we are more computer literate than before, so it would increase the number of people adopting bitcoin as it is spreading very quickly all over the internet as well as televisions. I usually introduce the forum to my friends who are learning crypto or already have experience, as this forum gives a lot of information, and if they have questions, they can easily post them here so the members can answer them.
2171  Bitcoin / Bitcoin Discussion / Re: Why are you interested in bitcoin? on: February 07, 2023, 05:30:12 AM
Because I'm still a beginner here, and still don't know much about bitcoin. So, I want to learn more about bitcoin from you guys. I want to ask you guys. Why are you interested in investing in bitcoin?
For sure, a lot of people will say because of the profit, as we all need money, and we see that its value is very high. Also, others are using it as a payment method for their business to attract new customers who are curious about BitCoin and want to try to pay using it. Others also use it for transactions like sending and receiving as well as buying things online. But mostly, I noticed that it was because of the profit, as people need money or extra income.
2172  Economy / Gambling discussion / Re: Best ways to source online gambling affiliates (New Casino) on: February 06, 2023, 05:22:31 PM
I always thought that having signature bounty with affiliate link here on bitcointalk, making participants register on your casino and pay'em there would bring some volume or you can make it mandatory to make some bets to bring even more volume.
but unfortunately what the OP meant was how to promote a new casino by working with a trusted affiliate company that can reach all gamblers in this forum and outside the forum. maybe the OP wants to set up a new casino and wants his casino company to grow faster by working with affiliated companies and being able to reach big gamblers everywhere.
If you only use the way of holding signature campaigns, it is not very effective and at least new casinos should also advertise their companies through social media or the like which are more quickly seen by gamblers around the world.

To market right now mostly involves money; the bigger your budget for marketing, the better, because if you want to advertise your casino, you need to sponsor influencers, pay bloggers and vloggers, pay those review websites, and everything else you can find where they will put your website on their channels or pages. Also here in the forum, you need to have an ANN thread, which also attracts gamblers, as well as signature campaigns. As you know, there are a lot of gamblers here, but your target audience is only in the forum, so you need to advertise outside as well.
2173  Economy / Economics / Re: Social media, now looking more for business than for socializing. on: February 06, 2023, 02:56:22 PM
We live in a digital age where people conduct business from the convenience of their homes online. Many use social media as a marketing technique to spread the word about their businesses to a variety of consumers without really meeting them. Your followers and the way you interact with them online will determine how well your business will be known. Although many people view social media as a place where they may con people with false advertisements and displays of affection without being caught

Those marketers are really finding a platform that has a huge audience, even in the traditional one; they are in malls and parks where there are a lot of people where can see their advertisements and try to persuade them. Before, while I was watching videos on Soc Med, they were all about the video, but now they cut the clip and included advertisements (not the platform's built-in advertisements) to promote things like casinos or items. We can't blame them as they are using it to earn money for their living, but I am mad at those people who are deceiving people.
2174  Bitcoin / Bitcoin Discussion / Re: Lost Bitcoin? on: February 06, 2023, 01:49:17 PM
If we want crypto currency to be a currency we have to keep spending right? But at the same time it's something worth keeping too since I do the same with my fiat in bank for more than 2years without touching it. Is it possible to say that Bitcoin in every wallets for the past 2years without moving are considered lost due to death or lost recovery keys? It's pretty hard to believe that anyone won't come back for their Bitcoin after 2years with no activities on the wallet.

2 years is very short because the holder holds longer than that; it should be like 6 years or more because if there is still no movement from those years, for sure it was a lost bitcoin or the owner died. That was very long if there was no activity on that wallet. Also, if bitcoin was already lost, it will be gone forever unless you find the private key for an unknown reason and can open it again. Not sure if those people who hold morethan 6 years is that what are their target selling point.
2175  Economy / Trading Discussion / Re: Share Tips For Newbie Traders on: February 06, 2023, 12:27:04 PM
Trading can be a lonely and boring business at some point because, you do not have anyone to talk to and are just alone with your computer, phone, or tablet in your room, just trading. And many newbies may at some point think that they are probably wasting too much of their time. If you are in this situation right now, I want you to know that you are not wasting your time.

If you are an experienced trader reading this, how did you know that you were not wasting your time trading at the time when you felt this way?

You only get bored if you don't have passion for this activity but if you love what you are doing for sure you enjoy every movement of the market and get challenge when certain situation occurs.

Maybe you or some other get bored with it because they didn't get the expectation on trading's and only people who lose their money think that this is only waste of there time then think about abandoning it.

He got bored because he couldn't predict the market and kept losing his money. You always get bored if you are only after money, like profit, and want to win always, meaning even if you are losing, you don't feel challenged instead it is anger. If you feel challenged, you are going to solve it or learn it so that you can achieve it and not plan to quit. That is why if you enjoy only the winning trades and don't get challenged in figuring out your losses, then in the long run you'll quit.
2176  Economy / Economics / Re: Can commodities return to its price last year? on: February 06, 2023, 11:02:45 AM
Inflation rapidly increased this year. Basic food stuffs like egg, oil for cooking, meat, and fish here in our country almost doubled compared to its price last year. I'm wondering if it's possible that the price of commodities will return to its previous years. If so, how or what will cause it to happen. It's just scary to think that our money continues to depreciate over the years. Will there be a time that will come where average earners like me won't be able to afford a basic life anymore.

Food prices depend on energy prices. If energy (natural gas, electricity etc) prices will go down, groceries' prices will follow. There's a fair chance it's going to happen this year. Energy prices skyrocketed last year, mostly due to the Russo-Ukrainian war and sanctions, but there are certain signs that the prices may go down. I know in some EU countries electricity prices have already started to decrease. So yes, it's entirely possible that we're going to see some lower prices later this year.  Roll Eyes

It is true that commodity or food prices depend on energy prices. If energy prices are high, food will also be expensive because operational and production costs use energy, and energy prices depend on the amount of supply available. As we can see, war also affects the increase in energy which has an impact on the increase in food. Yes, even though it has decreased slightly in some areas, I hope that all regions can feel it and the war between Russia and Ukraine will end soon so that the economic circulation and circulation of other commodities will run well again.

It has been almost 12 months since the war started in Ukraine and Russia. And ever since I created this thread, prices are getting higher and higher, even though the price of fuel decreases, but it is still not back to its original price. I can't feel the food and other commodities dropping in price even though the fuel price drops slightly. I am hoping that sooner the war will end and the prices will ease, as I've already seen a lot of families struggling due to the high prices of commodities.
2177  Economy / Gambling discussion / Re: Online Casinos Want you to Gamble Responsibly on: February 06, 2023, 09:56:04 AM
In this case, we cannot blame the casinos for what happened to us because of our lack of self-control in gambling. The casino will argue that those who gamble have lost self-control even though the casino has informed them that everyone must be properly responsible while gambling and must treat gambling as entertainment.
The casinos have always been reminding and giving the option for each gambler to continue or not. We're all free to do and continue gambling if we want to and they've done their part of reminding everyone.

it is also part of their terms and condition and permission to operate , but again it is always in our hands how do we control our selves even if they are not reminding us it is still in our self to blame if we got addicted that is why we need to control in terms of gambling. Reminding those gamblers are very essential also as it can trigger our mind about the bad aspects or outcome of gambling and made our self think twice unlike without this we do it without hesitation
2178  Economy / Economics / Re: Monthly or weekly pay? Fixed or percentage earning? what is your prefrence. on: February 06, 2023, 08:21:29 AM
because I have a family, I prefer to be paid monthly, so that even though there is no job, my family can still be fulfilled economically. on the other hand, of course, I have to find additional income outside of working hours so that I can save and invest from the results. but the main thing is that I have to have a steady job to support my daily life, so it is hoped that my mind will be calmer and it will be easier to produce a side job
It seems that it would be even better if you are paid weekly through your job because those of you who already have a family will always need money every day to live and for every need that you use every month. So I think it's much better than you being paid monthly even though the monthly salary won't be so bad for those of you who are already married.

But you can make your own calculations when you are paid monthly and when you are paid weekly, because it will be easier for you to manage your finances when you get paid four times a month. And this will obviously really help you in moving anything, including moving your investment for the future and keeping your savings and your family healthy.
the most important thing is that there is a calculation for managing finances regardless of weekly or monthly salary, even I think even if the daily salary can be sufficient if you can manage it properly.
In my opinion, the weekly or monthly salary is the same, what affects it is that the remaining amount is up to each of them to manage it properly.
I still live alone and currently I get a weekly salary, and before that I also got a monthly salary so because I have experienced both so I don't think there is a big influence on it.


You are just living alone, which is why you think it is almost the same. This was also my thought before, and I was thinking it was better to have a daily or weekly income so that I could spend it on things, and also because it would teach you to save to buy those things. But the problem is that you are only earning a small amount, so it is just enough for yourself. But since I have family now, I would say it is still good to be paid weekly, but I do prefer most to be paid monthly as you need to spend more money on something, and also don't want to grocery every week. But we have our own preferences, which I respect as well as yours.
2179  Economy / Trading Discussion / Re: Share Tips For Newbie Traders on: February 06, 2023, 04:58:55 AM
This didn't come into my mind when I started learning trading because it is a skill and you can earn money from it, which means that no matter how difficult it is, your goal is to earn money, and that won't be a waste of time if that is the path to earning money. Those who think about it are those who quit and give up trading, but for us, trading is another source of income as well as knowledge, which is a win-win situation. Also I dont really see people why they are thinking about this as for sure they know the purpose of trading
2180  Economy / Economics / Re: Is taking a loan/debt addicted ? on: February 06, 2023, 03:49:54 AM
Isn't this a vicious circle ? How would you deal with the problem ? I am all ears.
I personally know someone who take a loan to pay her existing loan from other bank. At first, it's effective because she can still handle the situation, having a business is a big help for her to repay the loan. But the problem started after she got sick and hospitalized. In the end, she had to sell her house in order to settle all the loans.

For me, there's nothing wrong to take a loan as long as you're responsible and capable to pay it on time. But don't make it a habit and do your best to set yourself free from all these loans. It's better to not have money rather than having it but you acquired as debt.


There are really things that we are not in control of, like needing money for hospitalization, but if we have emergency savings for this, we won't end up taking a loan to get money to pay the bills. There is nothing wrong with it, but if we can prevent having to pay our loans monthly and in a situation where you lose your job, you'll have a hard time paying them back, Saving is the key, but if we are still earning minimum wage and enough for our daily needs, it is still difficult, and we still end up having a loan.
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