saw this a few weeks ago and while I wouldn't really recommend the same stuff for the regular joe, if I'm not mistaken this one's pulled from a reality show and they basically had the opportunity to rig it in the guy's favor some way, couldn't find the proof for this as well so don't quote me on this, besides, that's not the point of my reply anyway. This video is a testament at just how deranged people could be when given the opportunity to go nuts. He knew he didn't have to bet his entire life savings on the line, the casino/banker even told him the same things albeit non-verbatim. He's pretty much had all the cards laid in front of him telling him to not do it and yet he went in with no lube towards a 50/50 chance at living like a broke college student once again. Luckily it all paid off in the end but we all know what happens when we do the same thing, we lose and we become the bums of the planet Earth.

That is why I love watching people like him who make the stupidest bets on the planet. Not because I want to see them suffer or lose money, but because in some way or another it eases the itch in my subconscious asking me to make these bets for myself for the lols. Watching these people makes me feel like in some way, I made that bet myself, with the added benefit of course that it's not on my dime.

You got a lot of things about gambling wrong. First off, gambling is never 50/50 in the real world. In an ideal world, where people are good with playing fair and not winning what they could acquire through brute force or technicalities they imposed upon the game, this could be the case, but we all know it doesn't work that way, if it does then casinos wouldn't be a surefire successful business venture in the first place. There's a certain level of edge against the house or the opponent no matter how you look at it, sometimes it's explicitly mentioned to make sure they don't get hammered by the law, sometimes it's kept a secret from the player since they deem the prospect of the money worth more than the jail time they may suffer.

You also got the idea of risks wrong. Risks are ever-changing, and in the case of gambling highly-dependent on your capacity. In practice and in paper, you increase your risks by betting large, and lessen the risks you take by betting small. That is why it's always a bummer to lose a grand, and negligible to lose a dollar. You can earn the dollar back easily, you have to work for your paper if you want the grand.

The idea of the juice being worth the squeeze is a little too vague as well. Cause at the end of the day how worthy something is, solely lies upon the person and what they deem as worthy and not. In summary, this post is nothing but a baloney in my opinion cause you're blabbering things you don't know and saying things that are otherwise not true. what the hell man.

The confidence of a person on a casino doesn't lie on how much their bankroll is. It lies solely on whether they are fun to play in, are they accommodating, and/or are they reputable in the industry. once a casino reaches these three criterias it's always a surefire shot that they'd be successful already, no more need for them to be liquid or whatever.

Besides, a successful casino wouldn't have to prove to their players that they can pay them, after all the intent here is to show the players what they stand to win, not the other way around. By showing the players that they have the bankroll to support their winnings it may even come across as them compensating for a massive flaw, which may deter users from gambling since why in the hell are you telling your people that you can pay them, it's like a rapper flaunting benjamins on a music video.

There's no need for casinos to flaunt or to inspire confidence to their users by means of showing them they are liquid. It may even be a detriment to the casino in many instances, and it doesn't really inspire that much confidence amongst the users as much as first-hand experiences do.

I'm a gambling man (at least I think), I've taken far greater risks than this that I could say with full certainty I wouldn't be too fazed by the prospect of a bitcoin. But in the face of getting a guaranteed reward with no strings attached against a higher reward with the catch of putting it into chance, I'd choose the guaranteed one all day. There's just no question about it. You as a gambler know that it's always better to get guaranteed rewards than putting it all into luck and chance-based mechanics, and even though 1 bitcoin's smaller compared to 5 bitcoin, In the face of a large amount of money it doesn't really matter anymore, regardless of if you didn't get the 5 bitcoin, by choosing the former choice you're already setting yourself up to a little over 70k USD, which is not so bad if I do say so myself.

I wouldn't persecute the others who chose to gamble their luck and play with the 5 bitcoin gamble, it's just not my cup of tea and perhaps have you made a more compelling comparison I may have chosen to play bets with you but it's just so easy, you're giving me all the things to work with and none for you, the choice is simple and I think a lot of people in here would agree with me too.

Too many choices geez! Although honestly don't mind being indicted into the DGAF/Thick Skinned Gang lol. I personally think of myself as someone who doesn't really get riled up when discussions get heated and I get called an idiot or whatever (although it may come as if I'm trying to be defensive at times)

How do we get into this massive mafioso cryptocurrency family though? Lol!

Do we have like a feature up for implementation where houses/affiliations or clubs are to be structured? Because if that's the case then it could become one of the most important Quality of Life changes in this forum. Just knowing that you got a closely-tied family in here makes it worthwhile to grind and be just as known as the top members in your clan if that would be the case.

if it's not the case, then it's a bummer, but I surely hope we live and stand for what the families you think you belong to is representing at the very least lol. Can't be part of the Thick-skinned gang and be a crybaby whenever you get called out in posts or whatever lol.

Kinda general and drawn out when I started to capitalize on every merit sender instead of just merit sources, yeah I know but the thing is this topic's gonna boil down to that at the end of the day. Every merit source in this forum's got their own way of cycling the merits among the users, but the main gist of their job is that they only send merits to people they see fit, which oftentimes coincides with the quality of their posts among certain factors. The discussion literally ends there.

All I'm saying is that, it wasn't for us to say or tell them who to merit and how much. They could send it to people they like or personalities they deem as friends in here and it wouldn't really matter. Long as the merits are cycled and there's nothing fishy going on, they are good.

Am I wrong? Do we have specific guidelines stating that merit sources, and everyone who has merits to share are required to only send those merits to posts that they feel are good in quality and structure (I mean the intent is there, but where is it explicitly stated that they have to abide by these rules?)

Bitcoin for sure isn't dead, but it's not that alive either if you'd ask me. The reason why it's in this state right now is because of the massive anticipation that people have over the upcoming halving, and the subsequent ETF approvals that bitcoin has been under in the past few months. These are good, but I'm not necessarily seeing these things as sustainable hypes that would propel bitcoin and the crypto industry towards a massive bull run.

The price is inflated as we speak and we may very well see a massive correction at the end of the run but at the same time, it's gonna take a couple while before they stand down and sell. It may not even come because there's no real selling pressure right now which may force these holders to hold off on the tight fists and let go of their positions in the market.

Bitcoin's definitely up for a massive increase soon as the bullrun officially commences, but til then, we'll just have to make do and be prepared for all things, the market's grueling and cruel as we all know, and a single tap from the outside world could literally send it spiraling towards a massive crash, we have to be prepared for when that happens.

I personally do that since it's the most reliable way for people who work on deadend 9-5s to even get a chance at earning a substantial amount of money in the crypto industry, and it works even greater for people who are not on that salary bracket.

But you couldn't just invest willy-nilly every month and starve to death the rest of the week. What you gotta do is create a budget plan that works for your finances, to make sure that you only invest what you can afford to lose, from there, you would have to pick the best date that would work for your salary dates and you should be good to go by then. If you're someone who's earning at least 20k per year, I guess you could invest as little as 100 bucks per month on crypto on safest options like bitcoin and ethereum, and just let your thing play out from there. The hardest part about investing is planning how to start your investments, most people are paralyzed at this early in the stage but at the same time, soon as you get past that you should be good to go.

If I'm not mistaken there is definitely some race against time that's happening when it comes to the depletion of fossil fuels and the current state of the environment. Cause for all I know we definitely have enough to go around at least for a couple hundred years, but at the same time the planet's on its way to irreversible damages at least in the next 30-50 years or so, and that's primarily what concerns a lot of people the most. The reason as well (although honestly it's not that reasonable) is the cost it's gonna take governments across the planet to switch into renewable energy harnessing is going ot be around the hundred trillions, but that's a one-time big-time change that would in turn change the whole energy economy landscape for the better, since it's been stated that the whole industry will save around a quadrillion dollars (don't quote me on this all of these numbers are based on an article I can half-remember from years ago) through harnessing renewable resources. It's all just a matter of stubbornness from the sectors that are most responsible for this that we're still not seeing some major changes.

I'm guessing we'll just have to wait it out until we either die from the pollution and global warming effects, or the changes facilitate themselves and we see the planet revitalize itself. Can't be bothering ourselves with these issues anymore as it's been in the talks for years now yet the people who are required to do something about it, isn't doing shit.

The fact that this isn't the endgame for bitcoin or for crypto as a whole.

Yes, ATHs are good and all that, but the truth of the matter is that they are but a massive oomph in improving the longevity of the cryptocurrency industry. I'm kind of interested in making sure that the industry who kept me fed and alive financially for years remains existent so it could touch more lives in the future, so I concern myself with little things I could do to make sure this industry stays afloat. One of which is knowing for a fact that while cryptocurrencies need their ATH every now and again, economic momentum even when people are selling or holding is much more important in making sure the industry persists. We gotta make sure that the industry remains eventful every now and again, even when it's expected to stagnate for a little while.

Plus, it's not like crypto's done and dusted soon as it reaches its ATH, there's still a lot of money to be had by then, and you could lose out on these massive opportunities if you instill the idea upon yourself that bitcoin, or any crypto for that matter, is as good as done when they reach their ATH and they couldn't break that barrier anymore for the time period.

Probably not anymore. At best there's probably a handful of ATMs globally, with even less people capable or eager to use them as well. The thing is, and let me be real here, the only reason why ATMs for bitcoin/crypto even came into existence is because of a massive marketing campaign made by the crypto industry to promote just how usable crypto is, by allowing people to use and convert their fiat into crypto and vice versa using familiar machines and affects.

BItcoin's walking on its own feet now and needs no further introduction, even those who don't know about it's got a couple compelling information about bitcoin that could very well drive them into investing or at the least research more about the cryptocurrency titan. ATMs are no longer necessary and just like what happened a few months ago, could even become a security risk to those who use it. Some Bitcoin ATMs keep track of the users who access the machine, complete with all their identifiable information. Hackers and scammers may steal these machines and even though they wouldn't really get that much money from it, they could use the information stored in this machine to further their scamming goals, which is a massive threat.

It's just people taking profits at very predictable periods in the development of bitcoin. And while it does affect bitcoin, even if temporarily due to the fact that it almost always corrects itself immediately, the fact of the matter is that it's not going to affect bitcoin majorly in any way whatsoever, unless a panic selling of bitcoin happens and every single one of us here decides to jump ship and quit crypto for good, of course. People are most expected to buy and sell cryptocurrencies in specific periods of time, but there will be outliers—and there are millions of them out there, with even more consistent patterns than those who sell or buy during peak seasons. These people in my opinion are one of the key reasons why bitcoin will remain volatile and profitable for the years to come. Our erratic and sometimes sporadic buy and sell systems will ensure that bitcoin's got its very healthy volatility rate in check and alive, clearly essential in making sure that bitcoin remains relevant over the years.

Eventually though people will catch up on this and if there comes a time where bitcoin becomes a global currency used by every single person with an internet on the planet, it might come to a point where bitcoin's price is going to stabilize, but that's a long ass time to expect it within our lifetimes, so I guess that's a problem for the future generation to solve and not ours.

Massive news if I do say so myself. I'm not so sure about the martial implications of this as if I'm not mistaken Nigeria's not really keen in allying themselves with their oppressors (USA) and allying with countries that directly oppose the US might just mean business. Although it also makes sense that they do this in such a tumultuous economic state for the US, they know that the America wouldn't really be interested in attacking 'enemies of the state' at this stage since it's much more important to ensure that they don't fall face flat into another economic crash, which they are heading towards as we speak.

Nigeria's seeking powerful allies to assist it in political and economic affairs, this might be the big break they are looking for but I guess we'll have to wait for the meantime to see what this partnership will really bring to the country since these countries in the BRICS, while politically and martially powerful, all suffer from their own economic issues which may disallow them from making any bold moves against the US. Plus it's going to be really stupid to declare war this advanced into human development, we're going to be killing each other with atom bombs until not even a lizard could exist in the barren lands of the planet. I'm getting off a tangent here but I'm really excited for Nigeria now.

I say it all depends on the stable coin that you put your money in. Although in all honesty I don't think you should keep money on stable coins for extended periods of time especially if the very reason you're in crypto in the first place is because you want to earn more money. Putting them on stablecoins and not even making them work by staking them on a trusted liquidity pool will kill your profit momentum and may very well cause you problems in the future as well in regards to trading confidence.

Stablecoins have their perks and upsides, but if you wouldn't gain anything of substance from those upsides then they aren't worth scat at all to you. What you should do instead is seek savings on a brick-and-mortar bank because at the very least when it comes to security, your money's safe and insured, and while it's negligible, your money could earn dividends while it's marinating inside the bank. All of these things you wouldn't really be able to achieve when you put your money on stablecoins, and in the case with Luna's USD stablecoin, it might even happen that you lose the value of your stablecoin when it stops getting pegged towards the real life currency it's supposed to represent in the crypto industry.

Luxury is definitely a necessity, especially nowadays when most of us here (and I don't mean to offend anyone or whatever) have devolved to being mindless consumers of capitalism, like myself! We've been hardwired by society to enjoy and be satisfied with consuming expensive shit, and while it's also nice and dandy to live on top of a mountain and be a monk all your life surrendering all earthly tethers and possessions, the average joe would choose a material world instead.

I always say, money and time wasted on having fun and enjoying your time here in the planet is no wasted time at all. If that makes you have fun and appreciate living in this polluted planet a little bit, then by all means hoard all the macbooks you can get and enjoy every single expensive cuisine you can buy. No one has any rights to tell you what to do with your money. You slaved for it, you worked hard for it, it's only fair that you reward yourself with something fulfilling afterwards.

It's good and all to be contended, but us humans strive in innovation and stepping up. If stepping up requires you having the latest gadgets and buying the most expensive shit out there, by all means.

The thing is that, no matter how small or big your bet is per play, if you don't control how many plays you make in a single game it's not gonna make a difference. You're no different from the guy who spends 100 bucks per day on gambling alone if you make one hundred 1 dollar bets every time you play, and slots is just the perfect game to distract you from that. It's easy to get mesmerized and distracted with slots. After all, you only look at a screen that flickers patterns, you pull a crank (sometimes) and that's all there is to it. You don't feel the passage of time as every game's really quick and fleeting, each loss you incur isn't as painful as it is with other games since you're only losing a buck at most.

Eventually though you find yourself betting more money, either by playing more or making larger bets, partly to recover the losses you suffered from previous altercations but it's never gonna happen, you won't recover shit. You're going to just pile up on the mountain of losses you already have until what you're left with is a sad, hollow, shell of the former person you were, hundreds of thousands of dollars in debt, possibly criminal charges put against you, and a life overturned all because you didn't notice how much you bet every time. This is the truth for a lot of us in here. That's why I swear against slots. They're not even fun to begin with lol.

Have noticed this for a while now since last year but never really paid much attention to it cause I only ever use the search function to find people from years ago or backtrack on my old posts. I can definitely say there's something wrong as it doesn't show even the most remotest information related to what you're trying to look up, and instead puts up information that are either irrelevant to the search query, or total goofball results you wouldn't even be able to use.

Don't personally know how the devs will figure out a fix as well, as I've been told a week ago from my Notifications post in this same board there's not much we can do with an outdated system (simple machines forum) and putting the time and effort to dish out changes that require time and money could very well be considered a passion project from the sheer unfairness it will bring to those who will be tasked to work on it. So yeah, we might see changes, we might get the things we really want out of this forum but tech catches up pretty quickly and the older the forum gets, the more expensive and unfair coding these changes will be to the developers itself. Perhaps let's just thug this out until we get a revamp or something using a different forum system perhaps.

Nope. Babying them and "supporting" them is only going to cause you and the gambler even more problems. What they need is an intervention, not a fucking echo chamber telling them that "they can do it if they put their minds in it". And trust me when I say this because I am a gambling addict that was able to recover from my affliction all because I got some tough love and a pretty nasty real talk session from my bros and my relatives.

Imagine this, you have a friend that's already addicted to gambling. And instead of pushing them to face their problems head-on or actually encouraging them to forge the right path towards gambling addiction recovery all you did was stroke their ego and "inspire" them. That's not gonna work in the slightest cause all these gambling addiction clowns are going to justify every single instance of them betting with the most remote and stupidest thing out there. So when a friend that you know is addicted to gambling speaks up about having some massive difficulty in pushing towards quitting gambling, instead of telling them "nah bro you can do it, just remember why you stopped in the first place" (which by the way, is fucking corny to say the least), you give them contacts to a good therapist that would help them get into a recovery regimen that would give them the fix they need for their lives. Stop with this corny shit.

My go-to strategy of risk management is not necessarily tied to betting or gambling per se, but it is directly tied to my win and losses ratio.

I'm a reckless gambler by nature, and so I really couldn't help that I had to either up the ante and actually bet more than I normally do, or in some cases incur a lot of losses over a single day. I noticed eventually how this affects me as a gambler and, fearful that I might actually fall into gambling addiction for good, improved upon my betting habits and introduced a system of wins and loss-dependent betting strat where it doesn't even matter how I win or if I win at all, it's just all about making sure I close out any win I claim for the day, or reduce the losses I incur as much as possible.

For people that are interested, and if you're following my account's blabbering all these years you'd probably figure out the strategy I talk about but it's just that effective for me that I can't stress how great it is. It's 3 wins /3 losses=quit strat. And as the name implies, it just means I quit for the day or for the session soon as I incur a total of either 3 wins or 3 losses over the session. Cause at the end of the day I get myself 5 bets/5 instances of gambling which is more than enough for a baller like me, and at the same time I make sure that I either end the day with a net positive, or I don't incur any more losses on days that I end up with a net negative. All of my winnings go towards my dedicated gambling wallet separate from my regular crypto wallet to make sure I don't mix up currencies and money, and so far, in the few years that I have used it my bankroll has never gone dry.

Peanuts compared to what he usually lose when he makes bets like this. Last time he lost something major it was around 2 mill if I'm not mistaken, and I'm not here to defend his actions cause if I'm not mistaken he's a chronic gambler teetering towards to gambling addiction. Only difference is that he makes the money he lost soon as he loses it, so it doesn't really matter as much as it does to us when he lose millions, or if he's that addicted cause at the end of the day, he only loses the equivalent of a couple big macs to us.

Plus it's not like he's misusing the money, no virtue signaling here or whatever since he whatever he got, he earned fair and square. So in that regard we really don't have a say on where he spends his shit. I personally take it as an inspiration, not to become a gambling addict like him (like fuck I've been in that boat and it's not the most amazing thing) but be as rich as him that it doesn't even matter if you get addicted to gambling (although of course, it's an analogy, not really looking to become addicted to gambling when I finally get rich) cause earning the money back is not going to be your problem anymore, it's spending it fulfillingly.

Game-wise, I don't even know why I still trust Ngannou at this point. It's great that he's a powerhouse that hits like a fucking boulder but if you got a glass jaw that doesn't really matter anymore, especially if you don't even develop strategies/techniques or improvement programs to better your defenses or at the very least improve. It's just so complacent at this point and I'm slowly losing my trust and confidence in him as a fighter.