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2661  Economy / Gambling discussion / Re: Jake Paul Vs Nate Diaz boxing Aug 5th on Dazn PPV on: August 04, 2023, 12:44:00 AM
Jake Paul is saying that Nate Diaz has accepted his offer to fight a MMA style rematch after this fight. That seems a little strange since this fight hasn’t happened yet, but I get the feeling they both know Jake is going to win. Maybe Nate getting beat up is part of the deal for him to get his $10 million to choke Jake out in the octagon.
2662  Bitcoin / Bitcoin Discussion / Re: Bitcoin Promotional Material on: August 03, 2023, 04:59:45 AM
It's just an old fun gag that got traction on 9Gag back then, whereas people stick these on public walls and such. Nothing serious; just harmless, unadulterated fun.

Indeed, it is all just in good fun. I’m not trying to start a movement or anything. I did a quick search to see if there were funny promotional style flyers like the one in the Simpsons cartoon shown, but couldn’t find any. I figured maybe some folks might try their hand at a flyer design for our amusement if they had the time.
2663  Alternate cryptocurrencies / Altcoin Discussion / Re: TRON is bad coin, here is why on: August 03, 2023, 04:56:14 AM
TRON seemed like a cash grab that worked out so well for Justin Sun that he ended up trying to turn it into a legitimate project. The whole thing seems illegal to me with TRON owning Napster or whatever it was that he did. I think the danger with investing in TRON is a total loss if Justin Sun is found to have broken laws and the upside doesn’t warrant the risk.
2664  Economy / Gambling discussion / Re: My new favorite betting method. on: August 03, 2023, 04:54:27 AM
I'm not sure if you are trolling or not.


The logic behind this betting method isn't complex at all. You bet $2 on x2 and on the next bet you sum +1 to the bet amount and it looks something like this:
You don't have an infinite bankroll. Eventually, you will hit a losing streak so large that it bankrupts you.

Quote
$10,000 - x10,000
The casino sets its own betting limits based on its risk profiles. Nobody would take this bet because it could bankrupt a casino.

I’m sure there are casinos that would take that x10,000 bet, but you’re right that there are no for sure gambling methods. The longer you play, the more likely it is that you will go broke. Methods like this seem like they’re great and will always win you money, but when it turns on you it will bankrupt you as stated. There are no free rides.
2665  Economy / Gambling discussion / Re: 2023 NBA Season on: August 03, 2023, 04:51:15 AM
Brian Windhorst came out and said that no other teams outside of Miami have come forward to seriously make a trade offer for Damian Lillard. I’m not sure if it’s his contract, his age, or other teams are just trying to respect his wishes to end up in Miami, but it’s starting to look like Lillard might be a Trailblazer next season. I’m not sure how good that will be for his reputation if he’s disgruntled after being labeled as the most loyal player in the NBA.
2666  Bitcoin / Bitcoin Discussion / Bitcoin Promotional Material on: August 02, 2023, 09:20:20 PM
I saw this cartoon and thought it was pretty funny. It had me wondering if a real flyer like this existed that people could print out and put up in places. I’ve seen threads about stickers, so I’m sure there must be a thread with printable promotional material. Anybody got a link or maybe someone wants to help create cool printable stuff like this (talking about the flyer in the cartoon, not the cartoon itself).

2667  Bitcoin / Bitcoin Discussion / Re: 18, holding my bitcoin and looking forward :) on: August 02, 2023, 08:49:44 PM
Owning nearly $30,000 worth of Bitcoin at the age of 18 is pretty impressive. I don’t believe I had that much money saved at that age. While you are setting yourself up great, I think it’s important that you should also try to remain debt free while diversifying in an income generating equities portfolio. If you can manage to grow your assets and stay away from debt you will be extremely wealthy in the future.
2668  Economy / Speculation / Re: A technical view of Bitcoin's Current Market Situation and what to anticipate. on: August 02, 2023, 08:46:17 PM
It'll probably just spend a few more weeks bouncing around on either side of $30k, and then break out to like $33k-$35k late August or September.

We will see, I also have the feeling that we will get into or break $30k again. That is the biggest barrier so far, however, we have breach it already and pushing as high as $31k, just not enough momentum.

And what the OP is pointing out is what we have seen been playing, although I would extend the support line at $28k. Which we eventually reach but then we have a quick bounce back to highs of $29k.

I am also in the wishful thinking camp. It always gets a little scary at the bottom of the trading range though. The market has sure felt like it’s been drifting lower lately and during a time when funds and microstrategy have been aggressively buying. I think that shows signs that the retail investor is starting to be effected by the economy’s slowdown.
2669  Bitcoin / Bitcoin Discussion / Re: Coinbase CEO Says SEC Told It To Delist Everything But Bitcoin: Report on: August 02, 2023, 08:43:33 PM
I thought I saw that he actually denied the government said this and instead claimed it was a rumor. I guess I will have to take a look at his twitter account and clarify that for myself. I did also see that he said Coinbase was going to implement the Lightning Network. Considering how he seemingly always felt it was garbage, I could see that his company being faced with possibly only have Bitcoin trading could result in him extending an olive branch to the Bitcoin community.
2670  Economy / Gambling discussion / Re: 2023 NBA Season on: August 02, 2023, 08:25:18 PM
What do you guys think about this Bradley Beal story? Has he lost a step and this should be a concern for the Phoenix Suns? Is this a wake up call that he needs to get back in the lab and do some work if he wants to be successful next year? Maybe Bradley Beal had an off day or this kid is just the next big thing? Interesting story no matter what.

2671  Economy / Gambling discussion / Re: Why is Gamble gaining more fans than Bitcoin? on: August 02, 2023, 08:01:10 PM
^ Besides being difficult to compare, I’m not so sure it’s even a true statement over a long enough time frame. Bitcoin has gone from nothing to being worth nearly a trillion dollars in just over a decade. Gambling has been around much longer and surely hasn’t kept up with the infinite growth of Bitcoin in the last 15 years. It is a question of metrics.
2672  Economy / Gambling discussion / Re: [ADVICE]Boy Wins $46k from Sports Bet but Can't Tell Strict Religious Parents... on: August 02, 2023, 07:57:56 PM
Why as an adult he feels he should tell his parents is the real question. Is it a my house my rules type of situation? If so, I would think this win is more than enough for him to get his own place and start getting his life together. $46K would get him a couple years on his own and hopefully he could find a job and stop being a freeloader. I promise you his parents won’t be upset.
2673  Economy / Speculation / Re: 50K on the way and I am Still Alive on: August 02, 2023, 07:54:29 PM
-snip-
There has to be some obvious reason why $100k makes sense, I think halving is one of them instead of just bitcoin's popularity. Increased adoption and real use cases will also push prices higher due to demand, but still we need to be patient about longer time frames instead of short terms. Maybe 2-3 years from now we'll see $100k or more, but it could be less than 2 years from now.
Another 2-3 years may still be reasonable enough to reach ATH $100k, and that price is really what all crypto users are waiting for.
Halvings will be the cause of all this and indeed the development of the real adoption of bitcoin use also provides impetus for bitcoin to continue to push its boundaries.

But not everything goes well, there are many people who are also against Bitcoin or crypto because they cannot be fully regulated.
Just hitting the last ATH at $69k is good enough.
Halving will occur in 2024 and 2025 hopefully the highest price that everyone hopes for can be achieved.

I think that’s a good take and we will likely see a new all time high in 2025. Bitcoin does have a major test in front of it though. It has never seen a real recession and the fed seems hell bent on causing one to stop inflation. If it gets bad then people and companies might have to capitulate. However, if that doesn’t happen I think over $100K in 2025 is almost a certainty.
2674  Bitcoin / Bitcoin Discussion / Re: How Much Bitcoin Does MicroStrategy Own In 2023? on: August 02, 2023, 08:34:44 AM
They just keep buying and buying... I wonder what the implications will be now that they're close to owning 1% of the total Bitcoin supply...

And how are they using their Bitcoin holdings to enhance their business intelligence services and products anyway?

They are relentless buyers. Saylor has basically turned his company into the first Bitcoin spot ETF. As for how he’s using Bitcoin to enhance his business services and products… I don’t think he is yet. He’s using Bitcoin holdings to increase the value of his company and allow for creative financing to purchase more BTC, thus increasing the value of his company more.
2675  Other / Politics & Society / Re: BIOWARFARE ON AMERICANS: RFK Jr. says CIA was directly involved in funding COVID on: August 02, 2023, 08:28:17 AM
RFK Jr seems like a man on a mission. I wouldn’t mind seeing him run in 2028. He seems like he’s out for revenge for his family. I think he’s right to be worried for his safety as well. His recent comments about the JFK files being illegally suppressed along with his hatred of the CIA has got to have him on some bad lists. I hope he sticks around.
2676  Economy / Gambling discussion / Re: 2023 NBA Season on: August 02, 2023, 08:24:53 AM
I just saw that Doc Rivers is working for ESPN now.  Grin

Guess teams have finally realized that he is not the coach you need if you want to win. His resume in the playoffs over the past years is so weak, no wonder nobody wanted to sign him, even when there were 4 or so vacant coaching positions available after last season.

Once you start working for a tv network, your career almost always is over.

Doc Rivers is a cool dude, but he doesn’t exactly have a voice that you’d want to listen to. The guys they fired to make room for him were great too. I think ESPN has made some staffing mistakes over the last couple of years as they seemingly are trying to steer clear of anyone controversial. I agree though, Doc won’t be coaching again.
2677  Other / Off-topic / Re: Do you gamble because you don't have sufficient money? on: August 02, 2023, 08:21:39 AM
When you walk around a casino, they aren’t populated with people who don’t have sufficient money. They are usually populated by people who go there to burn money. You typically see retirees with more retirement income than they know how to spend. You have celebrities and people on vacation looking for a good time. Gambling is entertainment after all and that usually has a cost.
2678  Bitcoin / Bitcoin Discussion / Re: SEC asked Coinbase to halt trading in everything except BITCOIN, CEO says on: August 01, 2023, 09:10:30 PM
This was a bit of a surprising move to me.  I thought the SEC was in the pockets of large investment funds, which gave me the belief that when something like this happened, it wouldn't just be Bitcoin but would also be Ethereum that was allowed due to the massive amount of insiders that are holders. 

For years Bitcoiners have been telling Coinbase to be Bitcoin only and stop the grifting altcoin nonsense.  It's sort of funny that it's the SEC that stepped up and made it happen.  This is one of those real life is wilder than fiction moments.  Good luck to Coinbase in their coming legal fight.  At least we now know why insiders and Cathie Wood suddenly started selling Coinbase.  Insider trading in public right before our eyes.  Guess how many will be punished?
2679  Economy / Goods / Re: Stainless steel Bitcoin Recovery Seed Plate on: August 01, 2023, 09:07:21 PM
My stainless steel plate is engraved with my fiber laser.

How do those laser engravers work these days?  I had one 10 years ago and it did a pretty bad job on metal.  The ease of use was amazing though.  They even show you where and what it will engrave before pushing the engrave button.  My engraver that I have always used directly engraves onto the metal with an engraver head.  That makes it pretty deep and on there forever in spite of whatever may happen to it.  I wonder if laser engraving is deep enough to feel or see the indentions as well as hold up to temperatures and scratches like a traditional engraver.  What is your take on it?
2680  Economy / Economics / Re: I think SEC was right this time as they sues Crypto Influencer -Richard Heart on: August 01, 2023, 08:59:31 PM
Holy shit...  This is the first time I'm reading about this.  Richard Heart is a total douchebag, but did he basically give the Hex tokens away for free?  I guess he had a schedule to sell them as well if I remember, but I would think the "free" offer would have protected him here.  I know nothing about pulsechain or pulsex though, and it seems those are his recent offerings so maybe he strayed a little from his original Hex distribution. 

Richard Heart is sort of like the crypto version of PunchMadeDev so it would interesting to be a fly on the wall of his lawyer's office.  I wonder where he is now and if he's planning on running like Do Kwon did.
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