Bitcoin Forum
May 24, 2024, 05:36:33 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 4 5 6 7 8 9 10 11 [12] 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 ... 309 »
221  Economy / Gambling discussion / Re: Get one btc right away or 5 btc with a bet? on: March 17, 2024, 10:04:55 PM
It's not always easy to make the right decisions. Are you a gambler? If you're offered 1 btc without playing or 5 btc by playing (with a chance of 2 to 1). What do you do?

As someone who barely gambles, I'd take the locked in money straight away or.. lay the bet off elsewhere so you are guaranteed to lock in an extra profit beyond the basic 1 btc - but that is probably pushing the limits of this theoretical idea. I would expect most people in a gambling forum would push for the 5 BTC, but I personally would be happier to sit with a guaranteed amount rather than potentially nothing. With money in the bank it is possible to make more money, however you can't do that with thin air if you lost the bet. I've just seen so many failed bets that seem like "sure wins" that it would put me off messing with larger amounts. If it was between $100 and $500 though, I'd probably gamble for the $500.
222  Economy / Economics / Re: China India tensions on impact to Global economy possible china India war on: March 16, 2024, 03:04:27 PM
Get ready for goods and products shiped from china india area sea to get very expensive.
Also USA stand behind india and will give all the military aid to India it means stock market commodities and btc looking bullish becouse just start of the china India war the fed might lower the rates.
Now they can't do rate cuts but If there will be world one of the biggest war definately fed ecb boe will cut rates fast.
This one is very important for USA so they will support with money even more then ukraine.
We might see fed rate cuts in 1-2 months the emergency rate cuts to give military aid.
Also this area is important becouse a lot sea traffic with shipments goes from there to the world.
Fed cutting the rates + tensions on world one of most important area can make shipping cost by conteiners sky rocketing.
China India war will have huge impact to Global economy but one thing is for sure markets will go up.
Also Since India own currency fall i guess blackrock is ready to start sell btc to India and to china.
Both have huge population the china and india and If from starting the btc adoption and USDT USDC adoption to get btc then it can move the markets like grazy.
We could see the fed cutting rates but dollar will be still strong becouse of strong demand of USD specially USDT and USDC.
Everything comes together exacly timing.

These two countries have had skirmishes in the past, but they are not going to have a full scale war because it would be devastating to both of them economically. The leaders may use these skirmishes to score the odd political points, but it's always going to be incredibly messy and unpredictable for two giants to fight, so unless we got much more foolish politicians than we have now, they will find calmer ways to resolve disputes. Both countries have other areas where they are concentrating on right now and don't have the need to escalate it further.
223  Economy / Gambling discussion / Re: Scratch Offs on: March 16, 2024, 02:58:41 PM
So while we are on the discussion and topic of gambling, I wonder if there has every been a scratch off ticket thread?

I was at the gas station today and I said screw it lets get two $1 scratch of tix because why not.

The first one was a flop, but the second one was a winner! I won one lol Just $1. Whoopty doo lol

So I used that winner ticket to go and buy another ticket, and guess what!? The same thing happened again and I won one lol.

I am going to go back tomorrow and get another one and see what happens and keep you guys posted!


Here is a fun question: What is the most you have ever won off of a scratch off ticket? What brand ticket was it?

The most I've won is about $20 but have seen how people can get highly addicted to them. I've seen some people buy loads of these in one go and it seems like a terrible idea, even more so because they seem to get trapped in this endless cycle of buying more. They are perhaps one of the most dangerous forms of gambling and they can be quite visible in shops, compared to other types, like slot machines which can be hidden away - however this would be country dependent on the laws. Brands are almost meaningless, because it's all basic calculations that go into manufacturing these batches of cards.
224  Economy / Economics / Re: Fix the money, Fix the world. on: March 16, 2024, 02:10:31 PM
The Rich/Government has used money as a tool to oppress the poor in a way that they practically use it to control everything in the world with the help of financial institutions.

The high class as they are called has maintained dominance in everything, not to be bitcoin biased or cynical, but in this case, I see Bitcoin as the alternative to this controversy and if we want to eliminate the power that is intoxicating us, then we must advocate for alternative means, Bitcoin as a currency without any central control will handle this menace in a manner that everybody will have power, control and self custody of their bitcoin, the market forces will now depend on more individual investments in it and group or institutional adoption, just imagine making Bitcoin handy and accessible to the populace.

I think the world will be a better place without notice or segregation between the rich and the poor if Bitcoin is embraced fully since Bitcoin is not a currency of a particular country everyone has the equal right and power to either store it or use it.

A while ago the world decided that capitalism was the best of the worst options available, there are ways to improve on it by finding effective ways to regulate it, beyond that many different things have been tried over the years. Socialism and communism sound great on paper but they go against the grain of human nature, which exists to compete in many things. The evidence is in the failure, repeatedly, of other systems given enough time - capitalism allows dynamism and flexibility to heal itself because of it's decentralised nature.
225  Economy / Gambling discussion / Re: Do you blame someone for your gambling losses? on: March 14, 2024, 10:32:37 PM
The mother and the son after gambling away 5.6 million naira, that is about $8,000. When the reality dawned on them, they gave false information in petition, accusing someone of fraudulently transferring the fund from their Opay account to the sport betting account without their authorization.

Could this be a case of making someone pay for what they didn't eat or a case of double standard.

Bet as you can sustain and not allow your emotions have a better part of you.

These sort of frauds are happening all day and every day around the world, there is little surprising about it. I do wonder though if one of them was more guilty than the other, who may have been roped in to try and cover up the crime, that is the person I might feel sorry for in this situation. A mother would likely try to protect her son like that. However people that get sucked in and hooked at the depths of gambling addiction will often drag their family in when they have spent all their money. While I feel bad for people who have got themselves into such terrible and depressing situations, they ultimately took themselves down this path and should have extracted themselves early on once they started to see endless losses on their accounts - if you're constantly depositing, you're not winning.
226  Economy / Economics / Re: Early exposure of children to wealth and investments on: March 14, 2024, 10:11:03 PM
The art of Parenting is one critical responsibility that plays a great role in shaping the kind of people we have in our society and sometimes in the guise to effectively train our children, factors like, at which age we expose them to our investment and resources become a difficult decision we have to make.

Some parents have denied there children access to a lot of privileges because to them, it will be a major distraction  and this could to a very large extent make the kids to feel unloved and might birth hate and hurts in their heart.

There had been cases when parent invest into project without letting their children know about it and then they suddenly die and it becomes a difficult situation trying to figure those project out and some extended relative might even deny the child access to it.

Is it right to tell your children all the investment you've made even when they're not yet matured enough? If no, At what age should they start knowing about those investment?

Children can be taught proper financial behavior, but you seem to think that parents should be exposing children to all the parents personal wealth? That is bizarre, totally unnecessary and even a bit of a creepy way of thinking. One thing that should improve, maybe it's better in certain parts of the world, is proper financial education and not just teaching kids basic math skills. Sure, they need to know math fully, but they should also be taught about things like debt, credit cards, mortgages, interest rates, the stock market, bonds and all these other things that are actually powering the world of business and personal finance. That would help set them up in a much stronger position in life where they are less likely to get taken advantage.
227  Economy / Gambling discussion / Re: If we lose in gambling, what do we need to do? on: March 14, 2024, 08:39:11 PM
Gambling is a place to spend money, although many gamblers consider casinos to be a place to earn money. But in reality, more gamblers lose their money at casinos or gambling sites. So I think all of us here probably have almost the same experience, namely losing a lot of money gambling

I also lost money because I lost on gambling, but maybe not that much. But I know there are people who spend a lot of money for gambling. In your opinion, what should we do if we have lost a lot of money on gambling? Do we keep gambling to win so we can cover up previous losses? or stop and work normally and leave gambling? Or do you have other suggestions?

It depends really on what you want from life. While the line is blurry for some, you can choose to "gamble" in other ways in life, without throwing everything into all or nothing type betting. If you put your money into the stock market, either through index funds that carry medium risk and return, or into individual companies, you are in a way hoping that your research has been correct enough to earn you a profit. The same with cryptocurrency, many choose to add money to this and that is a form of risk that is similar to gambling. You just have to adjust your mindset, at least with these other forms of gambling you might actually be able to sell out to return some of your capital if your idea turns out to be bad.
228  Economy / Economics / Re: If being a graduate is the key to being wealthy, why are there poor graduates? on: March 13, 2024, 09:17:54 PM
First off, I must say that Education is very good and i don't dispute the fact that it's very vital and necessary for human development, it can put you in a position to be successful no doubt but being a graduate is not a 100% guarantee for one to be very wealthy, one can be very sound academically but lack some basic skills of acquiring wealth. Also one can still have some good knowledge of certain skills but if there's no zeal or self confidence in earning a living through it then your education on those skills can be said to be a waste since you ain't making effort to earn from it.

 Also I've heard several people complain about having good grades, being 1st class graduates but find it difficult to secure good paying jobs, imagine someone struggling to achieve good grades in the university but find it difficult to earn a living and at the end settle for minor jobs while there are many dropouts with good skillsets as well as being creative and think outside the box, and are bosses of big organisations and companies.

 Well it's not basically about being educated or graduating with the best grades that makes you wealthy, it's about determination, being consistent and also persistent cause success and wealth are not achieved in one day or immediately after graduating. In as much as you have good grades, you must still improve your skills, not only job skills, marketing or management skills but your critical thinking and problem solving skills.

There are many ways to think about this, imagine being a tradesman for example - you can do many things with a hammer and a screwdriver, but to be truly successful you need the full load of kit which is specialized for every job. Just having a degree is not enough these days, as younger generations are often funneled through this treadmill to make universities richer but pick up less than useful skills. If thousands of people are learning how to be librarians or archaeologists every year, when there may only be less than a hundred jobs available in the field - it makes it hyper competitive to use that specific degree when you get out of university. Many will be resigned to pursuing something that may be less than their ideal job choice.
229  Economy / Gambling discussion / Re: Indirect victims of gambling addiction on: March 13, 2024, 09:14:23 PM
Hi community,

As with any addiction, the effects of addiction to games of chance and betting do not fall on the gambler alone. It affects the family, friends, relatives, and everyone around him, and may lead to the deterioration of their conditions.

It negatively affects social relationships and at the marital level. Pathological gambling can be described as a side relationship. The gambler invests his attention in gambling at the expense of the spouse, whom he sometimes repays to cover his infidelity. The marital relationship is destabilized against a background of lack of trust, helplessness, and anxiety about what will happen in the future.


Gambling and accumulated debts  lead the gambler to a moral collapse that may even amount to an existential threat to family members. Gamblers do not hesitate to sell property to finance their debts, take loans from relatives without any ability to repay the debts, and in extreme cases they may even physically harm family members.

Partners in dependency - Relatives often try to "understand" the addict and help him, by paying off his debts, while accepting his promise to stop gambling, a promise he is unable to keep. More than once, family members come to the aid process, becoming partners so that they become “addicted” to the therapeutic process. But help works in exactly the opposite direction instead of helping the gambler wean off, they perpetuate his condition. These partners, such as parents or spouses, may find themselves in great distress that requires treatment.

Of course, there are many indirect victims of gambling addiction. Can you add more?


There are all sorts of traps laid down in life and the best thing you can aim for is doing things in moderation. It's fine to gamble a little bit, hopefully you understand the statistics and mathematics that are working against you when you participate in most gambling games involving a casino. There is the saying the Vegas was not built from winning players, which should show you the the massive amounts of wealth that can be accumulated by these profitable businesses. You also need to consider that most people will only take and seek out help when they reach rock bottom, which is a realization that they will have to face themselves. The best you can hope for is that they do not drive themselves into debt on this path, as that can make it harder to extract themselves from the situation.
230  Economy / Economics / Re: Do you believe in savings or investment on: March 13, 2024, 08:12:32 PM
For quite some time now we have been hearing about savings and most people who are working in some oil firm or some civil servants so much believe on saving and their pension. What if those savings are turned into investment what do you think could be their results by now extremely rich or wealth?
No wonder teacher or lecturers are not wealthy due to their this mentality of thinking we hardly finds out a very wealth teacher across or locality.

For long have been around here seems like people who belongs to this world think much of investment than savings while the real world focuses more on savings but if I could recall correctly, any money in savings doesn't yield and add to the account while investment is what gives us money or profits at every end of the day week or month irrespective of how little it could be it's better to have investment than savings.

What do you think?

There's not much to "believe in", savings currently are an adequate vehicle for storing a nice chunk of any money that you might have - if you can get rates of 5% for example, but 5 years ago you'd have been receiving 1% on your savings account. You have to be fluid and dynamic in changing to the current financial environment, instead of rigidly thinking of one or the other. Most people will already be investing through their pension plans, you just have the ability to do that with any spare funds too. In fact it's highly recommended that you have an easily accessible and somewhat large amount of liquid cash, which you might call an emergency fund, that would be sensible to keep in a savings account - before you think about investing.
231  Economy / Gambling discussion / Re: A Man bet his life savings on 1 spin of Roulette on: March 13, 2024, 07:58:27 PM
Surf on Twitter (X) and then find this video,
where a man makes a bet at the Roulette table using all his saved money.
It looks crazy and people warn him, but with that tension he gets his bet.

He was very lucky and won the Bet.
But this is very risky.

It's about 50/50 odds, and he's in luck.
I myself have even done this silly thing but with little money.
LOL, there is no way I use all the money for gambling bets.
But I lost at every opportunity, so I stopped at losing.

Some such betting videos or experiences that really depend on luck,
makes us think whether we are that lucky or not.
Because many become unlucky gambling addicts with sad endings.

People who are willing to do this have a serious problem and if they are willing to do it once, it's likely that they might attempt it again which might result in them losing it all. It doesn't take any skill or brains to pull all your money out the bank and dump it at a casino table, hoping to get slightly richer. It takes a lot more brains to build up your fortune brick by brick, study how others grow their money using much safer methods that have much lower risk levels. There's a darker side that could say that this was engineered by a casino in order to drum up more interest and reckless behavior by people who might attempt the same thing, but the casino will win in the long run due to the odds involved.
232  Economy / Economics / Re: Our decision making is responsible for the outcomes in our ways on: March 12, 2024, 10:09:46 PM
While others have learnt their lessions of not utilizing their incomes when they had a stable source for their income flows, some others are paying adamants and ignorant to learn from what has happened to others because they feels they are not of the same calling to be affected with what happened to others.

In life some persons just do what pleases them and doesn't tolerate with any piece of advice from anyone at the times they feels to had acquired the heavens on earth. And yet they are not Concious that as the more they grows their incomes for multiplications is also how it could depreciate to a zero value if not utilize productively for continues growth.

A friend of mine goes wild at me whenever I talk to him about his reckless spendings, he ask me what would be  accounted of his money if not enjoyments?
This is a kind of guy that feels relaxed when he has an attractive amount of money in his bank account and then feels he is only supposed to go after making more money only when he is running out from the one already accumulated and spent.

How on earth would someone give chasing after income holidays even when you do not have more than enough and not up to the age of retirement yet?

And after squandering all that he has saved he goes about requesting to borrow money.
I have talked to this guy on several occasions but he feels I am a pest disturbing his dear life.
As at this moment, the country is encountering very high rate of inflation which stuffs doesn't go fair as before  leading him sold his car and being struggling to pay his bills while living in the city and at now, he does not have a place of residence of his own so he jumps from one place to the other passing his night's.

He is now the pest perching on any available places conditionally while inconveniencing others.
He now lives a low key with the best he can afford.
"Had I know" is now a national anthem to him.
I don't find his ignorance to be an excuse and I am thinking of disassociating from him before he gets me  affected with his negative possesed energies.

I would say that some of the statements that you put forward are maybe misguided, in my own experience. Take one of your first points, people generally become wiser as they get older but it often is not enough just to read about other peoples mistakes and sometimes you will learn the lessons most forcefully as you experience them yourself - which can leave a much more memorable mark on you. Secondly, you talk about taking "income holidays" which I don't think many people would do voluntarily and it can often be a sign off a tough spot in life, maybe you did not go to university so find it harder to get that lucky break and are stuck in low earning jobs for a large chunk of your life, not out of choice but the environment built up around you.
233  Economy / Gambling discussion / Re: About running an online casino vs an offline casino on: March 12, 2024, 08:59:20 PM
I have been thinking about this a lot now and today again, I did the same, it's probably the right time to pour out my mind to my family on this forum, hope in return to get some great answers.

I know that it's not easy to run a casino, hire workers and some professionals and others, my question is. ....

1. Is running offline casinos the same as running an online casino?

2. What do online casinos have to lose if they aren't making as much money as they intended?

3. With online casinos, isn't the number of hiring being limited compared to someone who wants to run an offline casino?

4. Which one is more easier to manage than the other?

And the last question is, which one would you go for if you have the resources?

Realistically you need a huge amount of resources to get started in either of these two operations now and there are probably easier ways to earn more money if you're starting with large amounts. They both pretty much face the same challenges, but I'd say that it is probably slightly easier to get an online casino up and running - because while you have a whole set of different security challenges, that can still get expensive, you can outsource some of other elements of the operation more easily. Like possibly using third party customer services, employing third party security systems (in a cheaper way than physical buildings) and don't have to deal with as much violence that can come with some gamblers losing large amounts of money in a real world setting.
234  Economy / Economics / Re: Hardship as a global problem on: March 12, 2024, 08:33:32 PM
Currently in the world today.hardship is every where, it is not just a country problem but a universal phenomenon that is occurring rapidly. It is clearly seen that people are literally not able to eat even a square meal for a day. Especially those in under developed countries.hardship which is now a global spread has taken its roots in the world today. We now seat and face our day to day survival with no hope of what would happen next. Sincerely I think this great problem can be resolved if nations could come together and create a universal solution to it

It's not everywhere. In many places like the USA, Europe, Canada, UK, Australia and others - they are facing near all time high employment rates. Sure, the bottom section of society may be getting squeezed a bit more than normal, but life is still pretty good in comparison to many other places. Then you have other countries like Saudi Arabia, that are living in relative peace because they are literally pulling barrels of money out of the ground and dishing it out to their citizens. Unfortunately there are many countries that lack resources to get them on their feet, or have government structures that are so weak and full of corruption, that they are exploited a massive amount. They are destined to continue struggling and only a few lucky breaks may enable them to get free, but it's very challenging in the current world we live in. People often want quick solutions, but great nations have been built up over many centuries.
235  Economy / Gambling discussion / Re: A call to self-examining our gambling habit. on: March 12, 2024, 07:49:08 PM
As gambler when last did you self-examine your gambling habit to create that awareness based on how you are gambling in order for you to be quite sure if you're within a considerable or an acceptable range of a gambling habit that is void of addiction or the tendencies of gambling addiction.

I think if gamblers could take certain step in setting up regular self examining question towards themself it will be helpful to them in their gambling life not to ignorantly be harbouring a gambling addiction or compulsive gambling lifestyle. Quite a number of gamblers are nursing an addictive gambling habit without knowing and for them their gambling life is normal but if they should  genuinely scrutinize or put their habit to test it is possible they could find varied errors to correct and be right on track again.

Don't you think so?

I wouldn't stop at gambling, you should always be reflecting on ways that you could improve yourself to become a better person - changing your habits, improving your personal grooming, creating greater financial planning, etc. There are small steps you can take every single day to become a better person and the sooner you get on that track, the more prosperous life you'll start to find. Many people are content with slouching around, doing the bare minimum each day - why cook a nice new healthy meal for cheaper, when you can pick up a telephone to get some over salted and sweetened takeaway delivered cold in 1 hour? You don't have to drastically change yourself each day, just start to gradually steer yourself towards the right path.
236  Economy / Economics / Re: The Current World Financial System Is Rule Based Order, The New One Must Not on: March 11, 2024, 07:53:10 PM
The Current World Financial System Is Rule Based Order, The New One Must Not
Source: https://youtu.be/SlKp97QfRuU

The truth is the current world financial system is rule based order, it is never fully fiat.
There are some kind of secret rule of inserting money that very little people and entities know.
If I not wrong, that system exist since 1940s.

But you should not care much for it is just waste of time.

All you need to know is the new financial system must not rule based order.
Whether it “replace/destroy” or “coexist”  the current rule based financial system or not, it just does not matter much because nothing can last forever.

So what is a non rule based financial system?
Well, it is a system that contain many smaller systems within.

The current cryptocurreny system is an example of that but that is not good enough for various reasons.

Most likely the current world war chaos conflict is all because of the current world financial system.

I do think the current conflict will only end when a new real non rule based financial system information/concept that many nations can agree appear.

But the sad part is not many of them willing to “invest” in me the one who is holding that sacred information.

Macro issue is very complicated with most of you so I should stop here.
If any of you want more information, then please contact me in private as soon as possible before I gone fully offline.

Best Regard,
The Savior Messiah Buddha

Well only an idiot could sign off with that ending, but what you wrote was stupidity from the start. The most stable countries - politically, economically and socially speaking are those that have built up consistent sets of rules that are applied generally as equally as possible. Places where no matter how much money you have, you are not above the law although you may be able to pay off expensive lawyers who can navigate certain nuances that may not be available to people with smaller bank accounts. The banking system has been extremely effective to this point and allows for easy transfer of money around the world, although certain countries allow their banks to unfairly impose obscene and unrealistic fees that add friction to these transactions.
237  Economy / Gambling discussion / Re: How does the game of luck in gambling really works? on: March 11, 2024, 07:40:24 PM
The game of luck that is involved in gambling, is it the one of individual grace which attracts goodwills? Or it is by the days the gamble decides to remember you and then gives you the chance (s) winning?

I brought this up here because last night I went visiting a friend in his house and getting there, he was busy concentrating on his phone which I knew nothing about what he was in there doing.
He pleaded with me to be patient a little so he could finish up what he was doing and I said okay, go on and don't even stress yourself hurrying because of me.

He went silent at me for over 10mins and finally, it was the casino game tha he was busy playing.
The next thing he said to me was... Mate, let's roll out to the mall, I am taking charge of your bills tonight.
It was like a joke and we both went shopping and he paid $800 of my bills.
Guess what fellas, he said he won $13,980 in his casino bet while I was in his house. He claimed it was by my grace of goodwills and positive energy that attracted him that luck to win so, he don't mind having me 10% of that winning because he can't remember the last time he won a bet.

I don't really believe this dude because such grace has not even worked for me although some of my physical trader friends sometimes says they have more customers anytime I comes around their trading centres and they love having me around.

Does this really happen a reality or it is just some sorts of mental reasoning fellas?

Luck is just a term that people have made up to describe often random or the opposite, predictable outcomes. Say if a footballer has scored 49 goals in 50 games, that is almost 1 goal per game, so a bookmaker would take that in consideration when composing the odds they offer - in combination with a whole bunch of other factors, but you could assume that would be the deciding factor for goals to be scored by an individual player. Many people often use this term, while ignoring the underlying mathematics and statistics that drive some predictability in outcomes. You get "lucky" if you hit a red on the roulette wheel, but you had a 49.5% chance of hitting that color to double your money, which is not really that impressive.
238  Economy / Economics / Re: Technology and work ethics on: March 11, 2024, 07:34:58 PM
We can't dispute the fact that the advent of technology has played a great role in improving activities in the workplace. With the networking of the different PCs in companies, it has become easy to send a broadcast message to all staff at a time, and coupled with other sophisticated technology, coordinating and controlling multiple workers has become easier which has resulted in a high level of productivity and an increase in the staff to management relationships.

But then, the issue of workers' privacy and management compliance with work ethics has been of serious concern, and to a very large extent, it always appears as though most management has always used technology to the disadvantage of her staff. You find situations where CCTV cameras are mounted in most offices and privacy is denied to its peak. Most PCs used by staff are always under serious surveillance and sometimes, staff's don't even have a single knowledge that they are being monitored, and whenever they get a bit flimsy, their job is threatened.

I understand the importance of monitoring workers to ascertain there level of productivity, and to improve workers attendance and also enhance Cyber security but then, the inability of most management to go about this ethically has been of great concern to me.

What's your view about this?

Sounds like a load of rubbish to be honest. There are good companies and bad companies to work in, if you're in the sort of company that micromanages your day like that then you should really think about leaving. Managers do not achieve great results if they have to concern themselves with the tiny minute details of their workers every day, sure that the initial training stage a new worker will need close attention to make sure no disasters happen and they are following the right processes, after that you will eventually reach the point where the person can either do the job consistently or needs to go. I've been lucky to never had a poor manager like that type that you describe, but know that a small minority of them exist out there.
239  Economy / Gambling discussion / Re: Do you prefer betting your own predictions or from prediction site on: March 10, 2024, 09:46:05 PM
There are gamblers who have great instincts and can forecast games that may end up winning the bet. But they are scared that they may lose. They dont trust their own betting predictions so they would rather go to a gambling prediction site to some daily betting tips.

So i want to know as a gambler that you are, do you feel following those betting predictions from those sites would favour us in gambling more than our own predictions? For me i trust my predictions and i have won more when i predict for myself than letting someone predict for me.

If there are genuine, consistently profitable betting prediction sites out there I have yet to see them and it becomes self defeating in the end. If you are the person somehow coming up with profitable bets over a long time frame, then it would be better for you the more private that information is kept - as you could convert it into long term profits in many different ways. However the more people who know, via sharing bet information, the more bookmakers automatically adjust their odds on offer which would nullify profitability. Not to mention bookmakers will also have scouts out there, seeking this sort of information too and would automatically close any wrongly priced bets on their side.
240  Economy / Economics / Re: Banking on people's ideas, visions, and talents. on: March 10, 2024, 09:43:29 PM
Have you ever met individuals with insane and brilliant ideas that got you wondering, how come he knows all this and it's not even reflected in his life? Some could give you real business ideas that could change a whole generation but that's all they can do, they can't bring it to reality and all their ideas only end on the discussion ground and never come to life.

I've met some of them and I must say, they are the backbone of so many successful businesses. Always with brilliant solutions to hands-on problems but can't put things together all by themselves to create a company of their own.

I believe nature is fair to all and while it gives some people that quality, others can bank from these brilliant ideas and bring it all to reality by supporting the ideas with the needed finance, resources, and coordination required to have a successful firm.

What do you think?

As you grow up and interact with many people, the more you realize that everyone can have fantastic ideas but the true winners are those that seek out a way to put those ideas into practice. Each day billions of people can dream up all sorts of wonderful things, but the hardest part in business in materializing it. Many people will come up with ideas that might seem clever, but actually solve a pointless problem or overengineer when an existing solution is much more efficient. Piecing together a viable company around an idea can mean all sorts of things - firstly convincing others if you need to raise capital, then manufacture, marketing, accounting, selling and all sorts of other skills which might all fall on one or few founders at the beginning.
Pages: « 1 2 3 4 5 6 7 8 9 10 11 [12] 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 ... 309 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!