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2521  Bitcoin / Bitcoin Discussion / Re: Is Pure Bitcoin Speculation Dead by 2023? on: December 30, 2022, 02:28:34 PM
Speculations are undending but it is just that the next anticipation of price increase is on 2024 because of the upcoming Bitcoin halving. But everything's uncertain; there may be things to occur which could boost the market value of cryptos next year and it will not solely depend on what is being assumed. Same thing with expectations of high market value; the opposite may happen. This is simply because market prices are dependent with demand and it happened that demand is changing from time to time depending on factors which could affect the interest of investors.

Maybe for now speculations are rather silent but not dead I guess. Once there are things to happen for next year, there will be changes with speculations at the present, either positive or negative, towards this industry.
2522  Bitcoin / Bitcoin Discussion / Re: Have you taken lessons? on: December 29, 2022, 07:03:45 PM
I don't feel any rage. And this year taught me to focus more on Bitcoin and not to make any predictions. Everything can go drastically wrong because of random or not so random, but unknown reasons.
Not to make any prediction is far different from being patient with the market behavior. Indeed the market is volatile in nature but to let things slide would be different. Making assumptions still is better because it would llow an investor to gauge situations; the current market behavior is still profitable if you'd be able to know when will the market price fall and rise through futures trading and scalping. Not unless you're into long term holding, speculating the market will be always needed.
the lessons I learned include not keeping my investment assets on the stock exchange. keeping it in a private wallet is safer. because full control is in our hands. before the FTX bankruptcy occurred, I still often kept some of my long-term investment assets on the stock exchange. and stake it only to get a meager profit per year. But now I no longer do that. because I'm afraid that what happened to the FTX exchange could happen to the exchange where I usually buy and store my crypto assets.
Well, this is just the least you could do as an investor which is to be more responsible of your assets. Always be aware of the possible worse case scenario to avoid unexpected things and negative market behaviors which could yield to profit loss or damage to your assets. This simply includes the way you store your capital.
2523  Economy / Economics / Re: The poor people with their reasoning on: December 29, 2022, 06:35:52 PM
In terms of investment, capital or capability of an investor would be a bottomline. No matter how big your drive is, if you cannot endure market downfalls, then for sure this industry won't suit you. Everyone's aware that you should only invest an amount you can afford to lose but only a few could do it on the actual. Question is; are poor people advisable to invest in Bitcoin? On my end, it is not a good thing to do so. For sure people who have a tight budget would need stable income in order to have time for investments. The idea of this industry for being profitable is indeed tempting but if you'd push your luck hoping to be rich in an instant, loss and regrets are more likely to happen.
2524  Bitcoin / Bitcoin Discussion / Re: We have been told: Invest only Extra money in bitcoin on: December 29, 2022, 04:57:43 PM
Unwritten rule I guess, not only in this industry but to all types of investment. In any investment, profit is not assured most of the time, especially in this industry wherein market prices are volatile or changing from time to time. Losing is the only thing certain especually if you won't be having the right guess. The idea of investing only an an amount you can afford losing is ideal. But think if there are even people who does it. Ofcourse all of us are having high hopes of earning profit from doing so, because why would you even invest into something if you are not having assumptions that you'll get something from it? Money is just tempting that it would abide our personal boundaries or limitations set for ourselves.
2525  Economy / Gambling discussion / Re: Betting Types Newbies Should know About on: December 29, 2022, 04:07:20 PM
There are many betting strategies not to add martingale which is known by many of us. Given that there are various bettinf types, what I think would matter is the betting capability of a gambler. Winning is not certain in the first place and betting strategy could only slow down your losses. But if in the first place you can manage the amount you are about to gamble, you don't need to worry on such thing.
Parlay: A parlay (also known as an accumulator) is a combination of multiple wagers into one single bet. Each wager, or leg, must come through for you to win a parlay. Parlays are much riskier than betting on each game individually, but you also get better odds. In addition, you can wager on more events with one stake.
For this one, it is also known as COMBO or MULTI and it is more profitable if all the choices at stake win.
One can choose several matches or several betting options and make them in one bet. This combo itself actually has more multiple profits and can bet small but with big wins.
Usually beginners prefer to do combos in the hope of winning even more money.
Multiple bets? for sure there would be high returns but also, bigger losses if you won't be fortunate enough to get the winning bets. So I guess this should not be advised to the new ones in this industry. If it happens that all of your bets would lose, that would be dealing a huge damage on your capital, in an instant.
2526  Economy / Gambling discussion / Re: Responsible gambling on: December 29, 2022, 03:17:08 PM
You are truthful to yourself that is why you are handling it and it is not ruining your life. Addictions are harder to control for those who do not accept that they are really addicted to something.

Any of you guys uses the responsible gambling feature? If so, what do you think about it? Is it helpful or does it only give you a sense of control
Features like Responsible gambling are designed to help and so far, it is helping you, means it can also help someone, which is why I would like to ask you on which account did you activate the responsible gambling feature? Was it on your bank account, or your gambling account? If it is a gambling account, is it a common feature with all online gambling platform?
Addiction is not something planned or being accepted. It occurs naturally because of the drive of a certain individual. Ofcourse everyone wants to avoid addiction but why does it seem that many people are being addicted not only to gambling but also to other activities. It happens because they are unconscious of what is happening to them. Most of us planned to play in this industry safe from being addicted into it. What becomes a problem is the reality that some players are just too hooked up with the idea that there are players who became rich in an instant which often yield to debt, which makes them more eager to continue olaying despitw of huge losses. This is where professionals enter but that would require initiative from the players once they are aware that they are being too hooked up with gambling.
2527  Economy / Gambling discussion / Re: Cashless Gambling, your thought? on: December 29, 2022, 02:55:54 PM
Cashless gambling refers to the mode of payment and that is different to what platform would you engage yourself with; landbased or online casino. If you'd engage with landbased casino even if it accepts online payment, it will still be tangled with the government. But in online platforms, many of the gambling sites are crypto based, I think, because of privacy concerns and convenience with transactions. It will just depend on your preference as a gambler and as an investor.

I think this type of rule has already been implemented in many gambling-friendly countries. It's not just to make the transactions quick and easy but also for their government to have all of those records accessible for their data and safekeeping.
There are pros and cons to this type of ruling for a local government and those that don't like it don't want to handle it too easily to the government that they've got a gambling record. Still, plenty of options for them, thanks to crypto gambling as there are still casinos that don't ask for kyc immediately.
I think it is just an alternative mode of payment and there's nothing more to it. Most of the transactions in the first place, and at the present are now made possible through online payments . But if you are avoiding taxes, crypto-based gambling casinos would be a better option.
2528  Economy / Gambling discussion / Re: What are the motives that drive you to gamble? on: December 29, 2022, 02:12:25 PM
Money. For sure many of us  have the same drive. But also, there are people who are gambling for entertainment purposes and most of them are the rich ones. Those who has not much of money are mostly hoping of becoming rich in this industry maybe becausee of the impression created by this activity to those who are non-gamblers. This might be because of those gamblers who made fortune out of this industry. Problem on the other hand is that; the number of people losing are way bigger than those few people who won big time. Going back with the drive, despite of the unfortunate relaity in this industry wherein many are losing and still being addicted into this activity, it simply shows how addictive an activity could be as long as there's money involved.
2529  Bitcoin / Bitcoin Discussion / Re: Saving: If not Bitcoin Wallet then House for Fiat. on: December 28, 2022, 05:58:10 PM
For sure there are various types of investments. So if you have the money to do so, you are free ro choose qhich one would work on your end. Putting your money at home would also put it to risk of not being able to use its maximum value. For instance is inflation. The things you could buy in a $100 bill was more before than to what it could at the present. Putting it into this industry will open a new risk concerning volatile market price. So I guess it is a matter of choosing your own poison or medicine.
This is an awfully bad idea. Keeping fiat money at home makes it easy to be stolen by thieves. Keeping fiat money at home means that if the home burns down the money is also gone. Even more, at least in Europe, fiat kept in banks is "insured by the state/government" until a limit of 100k/person/bank.
Keeping fiat at home will cause many troubles. If the house burns along with the house the money is also lost. Cockroaches like cash, if fiat is locked for a long time cockroaches will feed on them. And holding a lot of cash in a house can also be a reason for robbery.

I don't know about Europe but some countries banks give a small amount of commission every month to keep fiat in their bank.


I'd agree with physical risks with regards of just storing it at home. It could be prone to attacks from mouse, cockroaches and such which could cause a downside to those people who managed to be patient deslte of the negative market situation
2530  Economy / Speculation / Re: ELON sold his TSLA stock for $3.5billion. Will he re-buy BTC soon? on: December 28, 2022, 05:14:55 PM
There are chances that Elon would engage to this industry especially if there will be a clear trend on the market. But if it is for shallow purposes such as for bragging and such, I think that would be impossible. Musk is an influencial and rich individual both inside and outside this industry.


What do you think? Is this time for BTC bullish again? Or Elon preventing from 2023 Global ressession by sold % of his TSLA stock?

Or... Will he buy dogecoin now?
It is possible that he will come back to buy Bitcoin or Dogecoin. But I think the sale of Tesla shares has more to do with new projects on twitter. Be it financing for the next stage or there is a problem to be solved that requires a lot of money. But I believe Elon is running a new project that costs that much, not to buy Bitcoin or Dogecoin.
Surviving the economic downturn is now very difficult for every investor. In this condition it is also very difficult to guess what could be the reason for such a decision of Elon Musk. Maybe he is now using a strategy that can lead to huge profits. What can Elon Musk do when the crypto market is long bearish? Will he sell TSLA stock and buy Bitcoin? Or is he working on raising capital for another business? He might be thinking of something better for Doge Coin. Everything is dependent on assumptions. I think these are business strategies that will never be revealed. Finally, it is very clear that he could not profit after buying Twitter in recent times. Maybe he is trying to fill this gap by selling TSLA stock.
It is more likely that he won't transfer some of his assets into this technology. What's more likely to happen is for him to use his resources and extra funds to cope up with crypto adoption. Since he has the money and influence, it would be easy for him to create a wave in this industry leading into profit on his end.
2531  Bitcoin / Bitcoin Discussion / Re: Advantage of accepting bitcoin in business on: December 28, 2022, 03:32:45 PM
The only advantage I guess, accepting Bitcoin as a mode of payment in a business is the chance of earning 'more' during bullish trend in this industry. Problem is that things would be double edged. There is a tendency for bigger profit but as well as losses and lack of sustainability with the business itself. If it is a business wherein labor or professionalism would be paid, I guess this would work efficiently but if it is a business concerning general sustainability; needing stocks to run the business, there might be problems. Ofcourse the business owner would refuse to use the funds in order to process circulation within the business, for sure bankruptcy could be possible to occur afterwards, especially during market downfall.
2532  Economy / Economics / Re: What is your biggest obstacle to achieving financial freedom ? on: December 28, 2022, 02:54:14 PM
The first and my largest barrier to earning money is capital— the actual money. We are unable to move or carry out the first steps of our business plan without money. Due to rising prices for goods, there is also no way to make a living. Lastly, there are no employment opportunities because no employers will hire me at my current age, making it difficult to make even a pennies.
A more logical obstacle. There are many ways to earn profit but the usual problem is the start or where would people get or start their journey. Another I think which could be an obstacle are regulations by government concerning taxes which lessens what people are actually earning form their job nd investments. Last obstacle i guess concerning financial freedom is, oneself. Many people have the drive to seek for money but not all people are willing to take the risk or every opportunity to earn. It is our action which would matter. This may also be related with employment issues you have mentioned. There are many ways to generate profit but there are just people who are choosing to complain more than to grab those chances.
2533  Bitcoin / Bitcoin Discussion / Re: Your experience with bitcoin in 2022 and your expectations come 2023. on: December 28, 2022, 02:02:19 PM
We've all seen the ceiling price of tokens at the present in this year, and also the deepest after bullrun. Huge losses and huge gains were experienced by many investors of this industry for this year. And for next year, I guess things won't be instantly be recovered or regained with momentum. The issues which contributed for the downfall, are still existing at this point which for me makes sense to not that much. I do more expect wn increase in 2024 because of the anticipated bitcoin halving but a year of no increase is such a long period to wait for us investors. If there will be things to boost the market price of ceyptocurrencies for next year, ofcourse that would be better to avoid the same thing of 2018 downfall wherein the market is down for more than a year or two.
2534  Economy / Gambling discussion / Re: Betting strategy question on: December 28, 2022, 01:31:17 PM

Hypothetical scenario:

You can bet on a single dye roll (choosing a number between 1-6), but if you win you get paid x12 of your stake (instead of x6).
So the Expected Value is positive (see example below), but you'd still have 83% chance of losing.

1 - will you take that bet?
2 - if so, what % of your available funds would you put at stake (i.e. funds you're willing to gamble and afford to lose)?

Again, this is a single, non-repetitive bet.

-----------------------

Simulation for BTC1 bet:

EV = (83% x -BTC1) + (17% x BTC12) = +BTC1.21

I would definitely take that bet, and I doubt anyone with a bare minimum gambling knowledge wouldn't.
Regardiing the best size I would keep it the same size disregarding how much more I will be paid out, because It Is a single bet event.
All gambling fans will definitely accept all forms of betting even though they know that there is an 83% percentage of losing.
However, in fact all gambling bets do have a greater percentage of losing and only a small chance of winning, even if luck is on your side.
Even though a gambler has gambling knowledge, when they are playing or betting they experience a slight defeat, this knowledge is very rarely used. Because yes, there is only high emotion and greed, so it makes them forget and continue playing without thinking about defeat.

Bottom question I guess is concerned with the legitimacy. Ofcourse there will always be risk;small or big, in gambling. But getting an odd of winning more than 40% I guess is already big so what more with the given computation of OP. Most of the people here would be interested with such offer but if this won't be paying on casino's end, then this will just be a waste of time. If the offer is a bit unrealistic, think or doubt already. A gambling casino won't allow its players to win most of the because it will only yield to bankruptcy unless that casino to offer such thing qould find a way to generate profit inspite of giving such odd to the players.
2535  Economy / Gambling discussion / Re: Licenses and Casino reputation on: December 27, 2022, 11:58:30 PM

Besides, why think that a licensed provider can be useful during the time when users are being fuc*ed up by these casinos even with a license?

In order to at least minimized being shi*tted by these online casinos, just play at those casinos that already earned being reputable in the industry.

But honestly, complaints and issues are sometimes because of the user's fault.
We must realize that complaints and problems often occur due to our own mistakes because we often forget what we did at the casino.
We are not aware that what we have done is against casino rules but we don't admit it and instead accuse the casino of fraud against us.
If so, even licensed casinos will have a hard time solving this because they have already provided evidence that the user made a mistake.
But as long as we can play at a licensed and reputable casino and we're not trying to break any casino rules, we should be fine.
That is why accusations have no use. Those which has proofs are the ones to be given an 'eye' by the majority. Some people inded jist cannot accept their fault on some instances. There were even topics in this forum wherein complaint backfired to the OP after accusing a reputable gambling site when he failed to support his claims.

There are many gambling sites in this industry; some are licensed and some are not. Problem is knowing if the license is legitimate especially if you are not feom that country wherein a licensed gambling site is registered. A player could only rely from the reputation of that gambling site and won't be certain that nothing bad could happen on his winnings or assets in gambling.
2536  Economy / Gambling discussion / Re: BOXING DAY PREDICTIONS on: December 27, 2022, 11:33:35 PM
BOXING DAY PREDICTIONS - DECEMBER, 26, 2022 - FINAL RESULTS

So, here are the results for my predictions:

Middlesbrough 4 - Wigan 1

Middlesbrough to WIN

WIN

Rotherham 2 - Stoke 2

Both Teams Score

WIN

Sunderland 2 - Blackburn 1

Draw at Halftime

WIN

Brentford 2 - Tottenham 2

Both Teams Score

WIN

I just made my bets on this 4 games, and fortunately I was able to hit each and every one of them and walked aways with some serious profit!

Got 'em all? amazing. I only managed to get a winning prediction between Sunderland and Blackburn. Well, I had thoughts that Middlesbrough would win but I was not that confident which made me disregard my supposed bet on that match. Quite happy with the outcome of my bet 'coz the amount is decent. Simply proves that if you cannot risk your money, never expect for high returns. I've as well never engaging to multiple bets because the chances of winning becomes small as per ratio. My strategy still is to bet only when my 'points of the match' are in line with the odds or simply betting only if I have a bigger chance to make a winning prediction (more of playing it safely). Congrats to those winning predictions!
2537  Economy / Gambling discussion / Re: How to win gambling? on: December 27, 2022, 11:00:52 PM
The points you mentioned are not about how to win at gambling. But to keep gamblers' finances from getting out of control which makes their condition more difficult. If you say "how to win", then you should give your tutorials/tricks to win, while the chances of winning slots with that strategy are difficult, I believe that the winning results from slots will be obtained if you are lucky.
Definitely, what OP should support his topic is to show strategies such as martingale and stake based. But in reality, there's a way to make your chances of winning, bigger, but there's no such thing as a definite way on winning in gambling because no certainty is in this activity.

Sharing mine in sportsbetting is to be familiar with the team stats or capabilities as proven by previous matches. Listing of advantages and disadvantages would also help to support your claim. These could make your chances of having a winning bet, bigger but for sure it won't determine the winner in an instant simply because things are unpredictable not only in sports, but in gambling itself. Why? 'coz we have these things called "luck".
2538  Economy / Gambling discussion / Re: BANKMAN-FRIED PANIC GAMBLES TO REPAY DEBT on: December 27, 2022, 03:37:02 PM
How in the heavens did SBF arrive at the conclusion that gambling was the strategy to recover the funds? It seems to me that he had terrible friends around him.

If this is true, then it is incredible irresponsible and only highlights that "man" was never supposed to handle anyone's money.
I guess he thought that literal gambling was the solution to his problems after he failed to earn money from traditional investments, I would not be surprised if he made poor choices at the same time he leveraged his positions.

Anyways, just another detail to add to this scandal, those folks cant either trade nor play poker.

Well maybe, that was due to his frustrations. Problem is; you won't be able to be certain of your victory in gambling industry. Maybe he just tried his luck out of being frustrated with his losses from projects but bottomline here is creating a problem out of an existing problem won't result to a solution. This is the as with lending an amount and paying it with another lended money from another person; the idea simply emphasizes that it would be an unending loop. Losing is more certain in gambling unless you are lucky. It will always be luck. And as many people have said in this topic, if this is true then he just created a worse scenario.
This is surely something people expected of him after all the details of his management came out. Dude was only interested in stealing money and laundering them through donations, paid spokespeople and such. He claims to be completely broke and if it's true the guy paid 15 million to one of his shills and without having a backup fund of a few mill just in case. It's like that guy from a joke who bought a wallet with his last money. This drama is going to follow us for years and I'm sure we'll get a few more interesting stories out of it.
He's more of an irresponsible project owner on my end but I guess not with stealing people's money. There is I think a difference.
2539  Economy / Gambling discussion / Re: Where do you bet on wwe matches? on: December 27, 2022, 02:56:10 PM
Do you know any?

Few options that I came across either dead or removed wwe betting.

I guess it's not that widespread due to its scripted nature. But, it's never known to viewer.
Would work i guess for 'small time' bettings 'coz if it would be a normal tournament wherein players could gamble, do expect that results would be totally manipulated such as with huge sports leagues. But if it is in wrestling, I think peer to peer betting would be fair 'coz both parties will have no idea of the outcome which would make the odds equal to both ends. But if you're an avid fan of wrestling, wwe in particular, you'd really enjoy the show not because of the chances of winning money but because of the entertainment, which in the first place serves its purpose.
I've watch so many WWE matches, but I don't want to bet in this sport because it's mostly has been fixed which make don't have any way to predict and analysis the match. Also there's no trusted casinos that has ANN thread in this forum are offering to bet on WWE, so there's no way for me to bet WWE matches. If you're like a physic sport, I think you can try to bet on MMA or boxing because both of them are popular in any bookies.
Indeed, boxing and MMA are the better options for fighting sports even if fixed matches are also evident. It is just that manipulations are less frequent in official tournaments unlike with 'for entertainment' sports.
2540  Economy / Gambling discussion / Re: If your friend would tell you this... on: December 27, 2022, 02:15:50 PM
If your friend would tell you hey bud I have 10k in BTC lets try to make it 65k. You play on the casino for me.
How would you play? what would be your game pattren?

Id probably do 1 game of black (20k win) then one game of roullete with 10 numbers = $65k profit.



what would you do
Who told you that winning is certain in gambling? If I was the one being asked to play for his/her money, I'd refuse. Winning is never certain in this industry and if I'd play that money, the blame could be on me (even if he/she's the one to ask the favor). Another thing is some sort of regret perhaps you'd win from that amount; think of your gain if that was your capital. So just to be safe from any negative outcome, prevent it in the first place. To those people who'd say "why would he blame you if that amount would loss if he/she is your friend?". Please grow up. It is money we are talking about and it is something which has value. Again, never think that gambling is a shortcut to being rich. Think of how many people gone broke because of this activity.
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