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2441  Economy / Gambling discussion / Re: [Boxing] Gervonta Davis vs. Rolando Romero - December 5 on: October 07, 2021, 06:18:34 AM
I think this fight was arranged by the TMT or Mayweather Promotions to gradually lift Gervonta Davis into much bigger fight, sadly Rolando Romero is just a stepping stone to Gervonta Davis. Although I can't fully say that this fight is not that fun to watch because of a mismatch.

Surely the odds are on Davis with a record of 25-0 (24 KO) while the young Romero is only half of his opponent's record 14-0 (12 KO). Still this young Romero has an height advantage (5'8") than can defeat Davis with a height of (5'5")

Both fighters have good knock-out percentages, however, Gervonta Davis is a better fighter based on his achievement now, so people would trust him to win in this over his opponent. His opponent is not a champion while he already is the following.

https://boxrec.com/en/proboxer/643387

2442  Economy / Gambling discussion / Re: Fake bets on: October 07, 2021, 05:30:17 AM
I am very much strongly against this.

I think that it is a dishonest practice, to put it bluntly. No consumer should make their decision off of some streamer who has an infinite money glitch from the casino.

It truly sensationalises a lot of the content and makes the streamers a lot richer than they actually are in reality... Not a fan.
Its their job and even if we are against to it, that's how the casinos work and they'll do everything to attract many gamblers as much as possible. That streamer knows the risk of being exposed to gambling especially you have many followers that might put you on bigger risk but since they are working for money, they'll do it anyway. If you see fake bets on the casinos you're playing, better to raise your concern and also tell people about it so they can leave that casinos as well.

Every Streamer chooses how to monetize content, but I believe that self-respecting Streamer and most importantly respecting their subscribers will not take part in advertising that can have a negative impact on people who trust him. If a streamer engages in such activities, he spits in the face of his subscribers, so I refuse such content and advise others to do so. 
The streamers can promote any gambling site he wants, but he has to ensure that it will not ruin his reputation so his subscribers will continue to patronieze the channel. Being a streamer, their best asset is their viewers, so no viewers means no influence on what they are promoting.
2443  Bitcoin / Bitcoin Discussion / Re: Does Bitcoin have any real value? on: October 06, 2021, 11:48:03 PM
Bitcoin is not backed by any physical asset like Gold nor by any fiat currency. It makes me wonder if I should invest/trade in Bitcoin or not?
Did you know that fiat currency also isn't backed by any physical asset like Gold. Then why do you believe in fiat currency? Literally the government can print as much as fiat currency as they want (but they won't). Then why does it have a value? If you compare fiat with bitcoin, you will see that Bitcoin makes even more sense to have some value than fiat. Do some more research. If you are convinced, then invest. Or else don't.
Make sure that you know exactly your investment because if you don't, it will only give you frequent losses. And of course if it has a real value or not. But when it comes to bitcoin, i can assure everyone that it has a real big value. Otherwise, we will not be staying here taking the risks if its not going to give us good returns. However, there's no guarantee that the profits will be persistent, but if you know how it takes to be a profitable one, then it will always gives you an edge over the others. And as the world's keeps legalizing bitcoin, the more that it will be visible to have a real value.
2444  Alternate cryptocurrencies / Altcoin Discussion / Re: Be Careful Sharing The QR Code Of Your Wallet Too on: October 06, 2021, 10:38:59 PM
Criminals are getting smarter and we need to be one step ahead of them, no matter how difficult it is. I have always been told never to give my private key or seed phrase to others, but now people scam by spreading seed phrases, it's so stupid and greedy for what they do. You will lose all your money in return, never trust a project or a website that forces you to enter 12 keys and understand it is just a scam and we need to be alert.
It is always a must not to share your private keys or even QR codes because in this digital age, scammers are even smarter than us. They will always find ways to scam other people because its their job that sustain their daily living. Everything that seems so suspicious should not be tolerated and as much as possible, never entertain people or websites that are almost indulging your privacy. I thought only private keys can get steal, but now also QR codes. This is the reason why we should always stay alert and cautious.
2445  Economy / Trading Discussion / Re: The psychology of stoploss on: October 06, 2021, 09:41:18 PM
...One benefit is your just loss a little part and you can carry on with your trade, after all trading is about profit and loss. This is a good mentality to succeed...

You cannot use stop loss if you do not have the skills to trade and do not have a trading strategy. A small loss at a stop loss will be only if you open an order in a long position from support or a short position from resistance. Thus, it is necessary to compare the risks and profits from the expected transaction.
True, you wouldnt really able to understand on how stop loss works if you dont really have any idea on what you are doing.This isnt something an indicator that you could just place up and then
just make it work because there would be guidelines on when and how or where you should place those SL's and wont be making out some movements which are way too careless because
stop loss is something that is needed for you to place on on specific time and according on the risk that you could able to bare off.
Using of stop loss will never meet its own goal if the trader alone does not know how it works and how it is even useful. Stop loss is designed to limit an investor's loss on a security position. If you put a stop loss 10% down from the price you bought it, then you are limiting your loss not more than 10%. Still, i don't understand why most of traders forget to set a stop loss where in fact, it's one way of avoiding more losses and just maximize your expected profits. This will help you to carry out your losses knowing trading won't make you a gainer without experiencing losses.
2446  Economy / Speculation / Re: El Salvador run or survive? on: October 05, 2021, 10:35:50 PM
honestly this movement of El salvador is buying bitcoin without making the proper technical Is fundamental analysis and a bad move, days ago I read that the president of el salvador bought bitcoin when the price dropped to $45000, I remember at the time I commented that if the price of bitcoin dropped to $42000 then the president of El salvador would be frowned upon because he bought it when the price was high and then the price went down, that doesn't look good.
if it is like what you said has happened, of course it is a risk experienced by anyone who makes a purchase, where then the price can go up or down again. So the policy that was made when buying $45K, maybe it could be that the Elsavador leadership felt full of confidence that the price would not go down and would increase eventually.

now if you see the price of bitcoin starting to move away from the crucial price that is always difficult to pass at the price of $50K, it is clear that this brings luck to the leadership of elavador, because he made no wrong decisions and believes that bitcoin will continue to increase.
hopefully what is done will be beneficial for the country and at least will make bitcoin will be lifted to continue to increase.
I do believe in the strong confidence of Bukele that when he decided to buy bitcoin even at its high price, i know he has set already his plan before that. Luckily, the price eventually went up again and is even gaining more momentum to go up even more.

With the fearful spirit of Bukele to run El Salvador, i know this country will gain more progress in the long run. And the good thing is it will eventually change the mindset of people for those who are against bitcoin.
2447  Bitcoin / Bitcoin Discussion / Re: All crypto declared illegal in China!!!!!!!!!!!!! on: October 05, 2021, 09:30:57 PM
The Chinese government has certain reasons for prohibiting transactions using cryptocurrencies. several incidents that have been carried out by criminals to carry out drug buying and selling transactions, smuggling and money laundering.
The price of bitcoin often fluctuates and cannot be controlled by the Chinese government, which is one of the reasons China restricts transactions using bitcoin or other cryptocurrencies.
Cryptos are just being used as tools to create crime incidents but never its goal to be used in a negative way. Satoshi aimed for freedom and financial stability when he invented that. For me, the real motive of China why they put restrictions from using cryptos is because bitcoin has already beaten their own digital currency because probably a lot of Chinese people have their own investments in bitcoin and even in solid altcoins. Those illegalities caused by cryptos are never the real reasons why they have banned all crypto related transactions, its just that they are just too selfish that the whole population of Chinese should only use their own digital currency, yuan.
2448  Alternate cryptocurrencies / Altcoin Discussion / Re: Don't miss this opportunity to buy and hold BNB on: October 05, 2021, 07:53:38 AM
It's a pity  Embarrassed , because I really missed the opportunity when it was around 10$. The growth of BNB seems remarkable and truly unexpected, and a lot of people have underestimated this project before. Now, when it achieves such a market value, people start to increase their funds into BNB and many ETH users are also moving to the platform. binance is currently one of the largest exchanges in the world said in terms of where they are at the top and their coin will definitely in the future not be inferior to any other coin.
BNB is one of the active digital assets in the crypto world that continues to maintain its uptrend position so a coin like this should never be missed. Although a lot of investors have been surprised with the sudden price surging of BNB, but i know BNB is really intended to move upward. Maybe the development of its potentials might be late but look at it now, its definitely on top of the market. There was even a prediction  that BNB could be on tract to hit $592 by October, and then it might increase into $687 by November, and at the New Year's eve its price will more likely to hit $752. These are all speculations but definitely not far from the reality.
2449  Alternate cryptocurrencies / Speculation (Altcoins) / Re: the most bullish altcoin of the week? on: October 04, 2021, 11:48:45 PM
At the moment only coins on the smart chain are riding the wave of the moment, and some other few coins such as cifi conado and Bnb are doing well in the market, but the coin that caught my attention is the Hex coin it has sustained it the all-time price of above 0.40 for over a month and its market still looks very green.
BNB is always doing good despite that it's down from the ATH that it had. It's still one of the top coins that the others might consider looking at.
Aside from BNB, the others that are unknown, they're also trending this week.
Aside from bitcoin and ethereum that are leading the market, i think BNB too has its potentials to be place on top of the market. It has made significant pumps that are more visible today so if have bought BNB when it was very cheap, then maybe we are already in profits by this time. Solana has also its own place in the market too which i have seen its previous achievements were very impressive. Although its a meme coin, but it won't be a hindrance if will be one of the best platforms this year. Its community is eventually growing this time. 
2450  Economy / Trading Discussion / Re: online course for trading on: October 04, 2021, 08:22:32 PM
What are the things to keep in mind when looking for an online course for trading?

Before you enrol in an online course for trading, lower your expectation about it. Do not expect that after you gain the knowledge of its core principles, you would be successful in 100% of your trades.

My friend tried an online trading course and in reality, he did not gain as much knowledge that he expected. Though he understood the fundamentals of trading, the principles, and the techniques, there were still moments where he lost majority of his resources from trading. That is why, experience is definitely the key in trading and such separates a newbie from an expert trader.
There is no real assurance that even if you know all the basics in trading, you become an exception from losses. In reality, you will still create losses most of the time because you still have no ideas what's the real scenario when you're in real trading, unless you start experiencing it for yourself.

I should say there is no learning advantage if you come up paying an online course trading because everything right now is already available in the internet. You can do it on your own even without an instructor to teach you. I believe most successful and pioneering traders do it on their own and with enough experiences they gained, they were able to develop their special skills and strategies in trading that have helped them to be more profitable in trading. Paying an online course trading will never make a difference.
2451  Economy / Economics / Re: Future economic fear of the rich and poor. on: October 04, 2021, 08:19:00 AM
Economic problems are getting more complicated, the gap between rich and poor is getting farther and farther, in my country there are people who are rich enough to not finish for 10 generations, but not far from their house there is an ugly house so it is very difficult to eat every day. this is a big problem that the economic gap is too wide between the rich and the poor.
If we continue as a meek and passive population, the powerful few will continue to exploit us no matter what, the best thing that we have to do right now is for us to unite as people and elect the right people in power and dismantle the regime that exploits each country, the best thing to do would be a revolution or killing the elite who is proven to exploit people for profit.
Not generally because some of them have also sympathy for the poor class through charities and donations. But i must say, if the kind of government we have right now will continue, then the rich people will always be rich, the poor people will be much poorer. So if there is an incoming economic crisis, i believe the one who will suffer the most is the poor class. They are living in poverty at the current and really had a hard time sustaining their basic needs, so i think it will even get worst in the future. While looking at these rich class in the society, i know they will still survive no matter what because they have all the excess money that the poor class don't.

2452  Bitcoin / Bitcoin Discussion / Re: What is the biggest threat to Bitcoin? on: October 03, 2021, 09:31:28 PM
Bitcoin is more powerful than others.We hope it will achieve his goal as soon as possible. Question is biggest threat to Bitcoin. My option is the biggest threat to Bitcoin is hackers and also permission from the government.
The government may considered one of the big threats in bitcoin because if bitcoin will stay not legal in their eyes, then they will surely continue to ban bitcoin as much as they want. This will definitely create a hindrance to achieve bitcoin's goal price. But if they can gain taxes from every bitcoin's transactions, then it will be more favorable for them. The government will benefit from it and will use that taxes even into their own personal interests.

Another big threat to bitcoin i think are the big whales. They are the reasons why bitcoin prices tend to fall back despite of being very bullish. This happens most of the time because they are trying to manipulate the crypto market but always end up into committing failure.
2453  Economy / Gambling discussion / Re: 2022 NBA Season on: October 03, 2021, 08:44:26 PM
How in the world do they decide such things? they only tell the fans about it just a few days before the game. I think those who are bought tickets just to see him play will be super disappointed with this news. is this their way of taking care of their best players? I think those fans are not satisfied to watch the live game with this kind of strategy by the NBA team nowadays.
Many all-star players don't play during preseason games, and it happens almost every year. However, I agree that it will be unpleasant for fans if such things happen during the regular season. For example, a fan wants to watch his favorite players live and decides to buy a ticket to the game for $500+, but players just sit on the bench by the coach's decision. Undecided

Yeah, and the NBA created a lot of hype, Lakers vs Nets, maybe a preview of finals. Fans of both teams are exciting, buy expensive tickets to see the game live and then be disappointed that the stars are going to sit it out.

So maybe both coaches are going to let their players in the court for at least 10 minutes so that the fans are going to get what they wanted.

I guess they already know that they will not see the full lineup of both teams to play, it's normal in the playoffs that the stars will sit or they will play but with only limited minutes, so they should not expect something special, preseason is just here to tell us that the regular season will start soon.
2454  Alternate cryptocurrencies / Altcoin Discussion / Re: Why Dogecoin Is Crypto's Most Dangerous Joke on: October 01, 2021, 05:46:48 PM
We know that a lot of the dogecoin supply is controlled by a few whales.
Yes, this true and not just for Dodgecoin, and it makes me nervous. However, given the next to no utility for DOGE to me it is still a joke coin, no matter how much social figures like Elon Musk tweet about it.

Because of its very nature of being volatile from the push of a tweet button, to me DOGE is a dangerous coin. Remember what happened to BTC when Tesla tweeted about not accepting it as payment? Unlike DODGE, BTC is not supported by a few but MANY and so the consequences for DODGE when (and if) the wheels turn could be devastating.


Well, it's a different thing since Dogecoin is a meme coin that has no utility case, unlike bitcoin that is a solid and promising coin that has been backed by a huge community. Dogecoin has been popular only when Elon starts to tweet on it and since there are a lot of Elon's followers, so Dogecoin was hyped. But in terms of its market's demand, there was really none. So this must be the reason why Dogecoin was a dangerous joke that will make all its investors experience losses at the end of the day. Just because of FOMO, a lot of panic buyers of Dogecoin are now drown into losses.
2455  Economy / Trading Discussion / Re: What is Bitcoin trading? can Bitcoin trading profitable without having lost? on: October 01, 2021, 05:12:31 PM
I have spent time to read about Bitcoin trading, hence want to comprehend how it influence and overwhelm The market in this forum.as a newbie who's interested and curious about Bitcoin trading, eager to be impacted with knowledge from my superiors (legendary and hero members etc)
remember bitcoin has high volatility, bitcoin was created not to fully experience increases but also decreases. here professional traders all over the world are bound to lose, but they can handle bitcoin well and manage risk well. so in my opinion it is impossible if bitcoin trading does not suffer losses
Losses are also inevitable in bitcoin trading, even professionals are losing too. Just think of this, if you are a good trader and happens to make profits at the end of the day, i guess the other trader too lose somehow. It's just when one trader gains profits, the other one losses his expected profits. I think the crypto market has learned to balance itself. Bitcoin trading has definitely its high risk, but if you know how to manage the risk, you may start minimizing your losses and end up gaining a lot of profits.
2456  Economy / Gambling discussion / Re: 2022 NBA Season on: October 01, 2021, 12:33:40 PM
Carmelo is already 37 years old. I doubt he has only 2 or 3 seasons at most left in his career if he still performs well enough.
First, forget about the age as even Lebron James who is already 36 years old or 1 year younger than Melo, is still expected to play more season as he showed that he did not slow down, he is still dominant and getting smarter.

But it will be hard for him to get the minutes with the likes of really good players in the squad. Lakers already have Lebron and Anthony Davis in PF position, so Melo won't be getting the minutes as he used to get in the p[ast. But whenever he gets those minutes, he will convert them into scores and assists.
Melo will earn his minutes, if he plays good basketball, for sure he will earn more minutes than he played with his old team, I believe that there's a big reason why the Lakers sign him off, aside from being a friend of Bron.
2457  Economy / Gambling discussion / Re: [Boxing] Jamel Herring vs Shakur Stevenson on: October 01, 2021, 12:03:41 PM
Both fighters are tough. Their statistics speak for them. With 23 wins for Herring and 16 for Shakur. I expect Shakur to win, his young and still got a lot more to prove despite being the No. 2 in the featherweight division, Herring is also on top of his game and shouldn't be taken for granted.
We can't let the youthfulness of Shakur fool us when it comes to this fight, Herring is more experienced and isn't he from the military too? Pretty sure that the endurance and experience will play a big factor in this match.
If we don't like to get fooled and believe that Jamel Herring will win this fight, then we should take the opportunity to bet on him to get a high odds.
https://www.oddschecker.com/boxing/jamel-herring-v-shakur-stevenson/winner

As you can see, in most bookies, Jamel Herring is +400.

That's very attractive, there's no reason not to bet on Jamel Herring if we believe in his training and being a former us marine. A young fighter against an experienced fighter, who would you choose? I guess we should go with a more veteran fighter although not undefeated, and the two losses of Jamel Herring were during the early stage of his career.

 Yeah, it's really hard to decide right now, the experience of Herring and this total package, he is the taller and have the reach advantage. On the other side, Shakur Stevenson is young and brandish like Casimero and wanted to take all the challenge including calling out Oscar Valdez.

But if Herring is +400, then it might be a good bet if he can executed a perfect game plan of using his reach and jab in the distance and not allow Shakur to throw that body punch which is one of his best weapon.

Well, of course, it's always fun to back the underdog especially if we believe that he has a chance to win, that +400 is a gift, and if we believe that Herring would win, we won't feel bad even if we lose because we did not just follow what other people say, we made our own research and we are confident with our pick.

Sometimes bookies make mistakes in making betting odds, and if a bettor would not make research, they would assume that the heavy favorites will win easily.
2458  Economy / Gambling discussion / Re: 2022 NBA Season on: October 01, 2021, 06:52:22 AM
Carmelo can be a plug and play type of guy. He will get you buckets, guaranteed, but he'll probably be replaced if he's cold.
That's the thing, he is not as consistent as he was before, we can understand because he is not the star player now like he used to be when he was still playing with the New York Knicks. Time changes, but at least Melo was given a chance to get signed, first with Blazers and now with the Lakers. Who knows, if he wins a championship here he will decide to retire, at least he was a champion when he retired.
2459  Economy / Gambling discussion / Re: [BOXING] Jonas Sultan vs Carlos Caraballo - October 30, 2021 on: October 01, 2021, 06:18:14 AM
Carlos Caraballo is undefeated and is definitely going to be a threat to Jonas Sultan. Both fighters have shown impressive performance in their last matches. Caraballo has a good rhythm I like. However, Sultan should not be overlooked or underestimated his got a lot to prove in this match.
He will not underestimate, in fact, he will train more as his opponent is not an easy one. Based on Garaballo's record, he beat all his opponents via KO.

He is 14-0 with 14 KO (https://boxrec.com/en/proboxer/773544)
Might be a little number of fights only, but that 14 KO is very impressive as only a few boxers have done that. 

It might be very impressive on papers, but all he has beaten is not well recognized, or least have a bad records already. So if he steps up against Sultan is a big challenge for him to continue his winning streak. And Sultan hasn't lost on a knock out, all his defeat is by decision. So Caraballo needs to knock out this guy to continue his hype around his weight class. Otherwise if he losses, I would say that he is over rated and over hype. So if there is someone that needs not to underestimate, it is Caraballo because the pressure is on him.
I believe it will be the case because Sultan will not easily give up his dreams to get bigger fights in the future, and Sultan knows what when he will lose, he he will have to build his name again to be popular, and with the big contribution in the boxing world in terms of market, a rising boxer can't afford to lose.
2460  Alternate cryptocurrencies / Altcoin Discussion / Re: THE CRYPTO MARKET IS SO RICH AND SATURATED on: September 30, 2021, 11:59:13 PM
And some people are holding on to the dream that btc will crash to 20k - 25k in this period, so every little dip that occur in the market they will be hoping for a crash that may never come, btc already past that level where it can crash to that low, too many good things happening in crypto space now enough to sustain the price and prevent it from falling so low, now it can only grow more higher.
We are on our way almost reaching the bitcoin's new all time high but if there will be sudden crash in crypto, then the market value will drop again. But i don't think we will reach to that point of returning into the price range of $20k-$25k. That will be a long waiting game. And i don't think it will still be possible in the years to follow.

However, the market is rich and saturated so whatever circumstances that may happen along the way, it will never stay in dips but will always recover and moves forward because that will be its trend, to keep on increasing not just for their value alone for the adoption too.
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