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2721  Bitcoin / Bitcoin Discussion / Re: Faketoshi lost his appeal in Dr Craig Wright v Peter McCormack courtcase on: July 27, 2023, 08:20:25 AM
This one flew under the radar. I guess even the clueless media is starting to catch on that Craig Wright is a scammer not worth reporting on. I am glad that judges seem to be making the correct decisions when it comes to this fraud. I was worried for a bit that judges would be fooled by fake evidence so I’m glad that hasn’t been happening.
2722  Other / Politics & Society / Re: Every country has their own purpose USA is final destination on: July 27, 2023, 08:18:14 AM
I do think there is a little merit in your statement. When you look at how the WEF praises China for their draconian policies and utilizing AI to keep people in line, it gets a little scary. They for sure want the entire world to be watching every person and holding them accountable for anything deemed not appropriate. It’s basically 1984 happening in real life.
2723  Economy / Speculation / Re: How did you see BTC in future? on: July 27, 2023, 08:15:09 AM
Maybe at least tell us why you think bitcoin will move precisely that way? So we actually have something to talk about rather than just us randomly throwing darts at a dartboard. Halving? Spot ETF? Anything?

Indeed. I think at this point though it will be due to more of the same. Institutions will be taking more and more BTC out of circulation. The halving will make miners hold until they are profitable and with growing hashrate and declining rewards, either the entire mining industry goes bankrupt and investors lose billions, or the price goes up and everyone makes money. It’s a feedback loop.
2724  Economy / Gambling discussion / Re: 2023 NBA Season on: July 27, 2023, 08:12:05 AM
They already gained valuable experience last season, so perhaps they will perform like the Kings, who made it to the playoffs and posed a significant challenge to the defending champions, the Warriors.

Yeah, that's right. They reached the play-in tournament, and nobody expected it to happen since they are rebuilding and competing in the West, where most of the NBA contenders are located. SGA led the team to success, and now that they have experience, they'll learn from it. Next season, they will likely improve, especially if SGA receives that contract; for sure, he will be very inspired to play for his team.

His stats last season were very impressive.

31.4 PPG
5.5 APG

https://www.basketball-reference.com/players/g/gilgesh01.html

I’m not a big fan of his. I think a big part of the reason that his stats are so high is because he plays for a terrible team. He’s basically a Kemba Walker on the Hornets type of situation. Move him elsewhere and he may end up in the bench. Maybe that’s a bad take, but I was surprised his team did as well as they did. I don’t expect a repeat next season.
2725  Economy / Gambling discussion / Re: Between futures trading and gambling on: July 27, 2023, 08:09:44 AM
There are many gamblers that can gamble just to have some fun and make money in the process and there are some that focus on gambling only to make money so I would like to ask such people a question.

would you prefer to gamble in a casino and make some money or learn about futures trading and make some money?

Which one do you actually find to be more easier and I believe that futures trading is also capable of giving someone life-changing money but which one do you believe is less risky than the other?

Futures trading is gambling in my opinion. You’re just making bets on companies and their ability to over or underperform expectations. Since it isn’t a black and white type of gambling it could give people the illusion that futures are some type of investment, but they are a really poor way to invest and a great way to gamble.
2726  Economy / Gambling discussion / Re: Deposit limits on: July 27, 2023, 08:07:52 AM
The casino can only do so much for you. At the end of the day they’re running a business and you should have a right to use their service. Not to mention if they didn’t allow you to change this setting then for sure users would regret it and contact customer service. Probably say it was a mistake or they were drunk etc. the fact they allow you the option to do it at all shows they’re making an effort.
2727  Economy / Gambling discussion / Re: 2023 NBA Season on: July 26, 2023, 09:42:46 PM
The fact that Jaylen Brown got 300 million contract with 60 million a year as his biggest and the biggest in NBA history during the period when Mbappe was offered 200+ just for a single year showed the basketball players what kind of money happens in football world.

I mean we already have players like Ronaldo and Benzema making that, and it is estimated that Messi will probably make a ton of money when it's said and done as well, between ownership of the club (not all of it, just partnership) and adidas and apple deals, I bet that it is going to be a huge one there too. In any case, good for Jaylen Brown to get what he can, there is nothing wrong with players wanting more money, they deserve it and they should get it.
It's quite the luxurious place for athletes to be and Mbappe is the living proof of that, Ronaldo likely opens this opportunity. So we do hope a Saudi Arabian controlled basketball team? I know there are talks opening new teams in the NBA but is there possibility that these luxurious offers to players be made in basketball as well?

A pretty crazy consequence of our oil dependence on the Middle East if you ask me. We’ve been sending them money for so long, they’re just going to buy our society right out from under us. It’s been happening for quite some time already but it appears that we’re (the west) about to lose popular culture as artists and athletes flee the states for more money. I think 10 years from now pro sports will start looking a lot different.
2728  Economy / Gambling discussion / Re: 🥊 The UFC Info and Prediction Thread on: July 26, 2023, 04:59:41 PM
Anybody else watch Nate Diaz on Bradley Martin’s podcast? Brad seemed to think he could take Nate Diaz in a street fight and had some things to say about wanting to see Jake get knocked out. That caused Logan Paul to invite Bradley Martin to spar with him in Puerto Rico. This is a fight I’d actually like to see. I think personally that Bradley Martin is a chemically altered beast and would kill Logan, but we’ll see…maybe.
2729  Economy / Gambling discussion / Re: 2023 NBA Season on: July 26, 2023, 03:19:55 PM
I would also bet on the Warriors next season. With CP3 on their roster, it will not be hard for them to score, as he is one of the best passers in the NBA. CP3, along with Curry and Thompson, will likely create plenty of open opportunities for scoring, and Curry won't tire easily since he won't have to carry the ball all the time.

I'm not sure if they will play him as a starter, but if they do, that's my perspective.

I like that factor in how CP3 will help the Warriors, the Splash bro shooting capabilities can be maximized.

Knowing how good CP3 is in terms of finding the open man the best fit for the position
and adding to that, he is also a big threat when the opponent focus with him only passing
the ball as he can also shoot and have that good percentage making the basket. Looking
forward to the Warriors run in this upcoming season

I don’t know. I guess we’ll have to wait and see. I think Chris Paul will see the lowest usage rate of his career and at his age being inactive isn’t the best thing. While I think he will be big for them in the regular season and give the team a chance to win without Curry on the floor, I don’t think he’ll be able to hold up in the playoffs at his age. He isn’t LeBron.
2730  Economy / Gambling discussion / Re: 🥊 The UFC Info and Prediction Thread on: July 26, 2023, 03:17:37 PM
Today I was pleasantly surprised to see Forged Army beer. How many of you heard of it? Their https://www.forgedirishstout.com/ webpage seems to be not very creative, social medias as well. Turns out this is Conor McGregors beer (https://shop.conormcgregor.com/pages/forged). This project is rather new on the market. What do you think about it? Will we see proper twelve 2.0 or restart in here ? Cheesy Beer is more available than whiskey, so the sales seems to be higher. Another 600 millions for Conor ? Cheesy

I’ve never heard of it but I’m also not surprised that Conor is going for another massive payday in the beverage market. Congratulations to him. He seems to be doing everything he can to get rich while he still has the limelight. At some point though he’s going to have to win an actual fight. It’s been so long I can’t even name the year he last won a fight of any kind that wasn’t against an elderly man in a bar.
2731  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 26, 2023, 03:15:00 PM
As I see the price stabilizing just below $30K and with all the recent COIN sales in the stock market, I am pretty much just waiting to see what the news is that insiders are aware of but the rest of us are not. Perhaps a development in legal proceedings against Coinbase or a sweeping round of notices of investigation by the SEC to crypto companies. Who knows…
2732  Other / Politics & Society / Re: The moral side of the grain deal on: July 26, 2023, 05:19:49 AM
I’m not totally educated on the grain deal situation, but isn’t it possible that Putin wants to make sure his own country has enough grain to feed his people without needing to import genetically modified food grown by the West and their allies? I’m not sure everything Russia does is evil and think they’re just trying to do what is best for them.
2733  Economy / Gambling discussion / Re: 2023 NBA Season on: July 26, 2023, 02:12:42 AM
I don’t know what Dwayne Wade ever did to Paul Pierce but he’s occupying some series space in his head. I’ve heard Paul Pierce make this argument before and was promptly embarrassed live on television by Jalen Rose when he compared their two careers. Paul Pierce was good, ya. He was never best in the league good though and besides his petty terrible takes on himself, he’ll be known for shitting his pants and being rolled off in a wheelchair during a game.
2734  Economy / Speculation / Re: The price of a Bitcoin could cost millions of dollars: Standard Chartered on: July 25, 2023, 04:20:07 PM
If inflation continues and nothing is done about government deficits, it is likely that most things will cost millions of dollars. I’m sure the average American house will be valued in the millions probably in the next 10-15 years. Then new cars 10 years beyond that. I think you could definitely make the case for a 8 figure Bitcoin come 2040, but the environment that will make that possible will also be what robs future generations of ownership of things.
2735  Economy / Gambling discussion / Re: 2023 NBA Season on: July 25, 2023, 04:01:02 PM
Jaylen Brown has extended his contract with the Boston Celtics for 5 years and $ 304 Million.
Jaylen Brown will earn $60.8 Million annually.

Bronny James was hospitalized for cardiac arrest during training.
His condition is stable now.

Big news of the day already it seems. Jaylen Brown’s contract gives him an insane 70 million dollars in the final year. Absolutely crazy money. I know we have all been commenting on that possibility, but it’s now official. Jaylen Brown is the highest paid NBA player of all time. Given that he isn’t the most talented player in the league, I suspect the next couple of years are going to have some contracts that will begin to rival global soccer stars.
2736  Economy / Gambling discussion / Re: 2023 NBA Season on: July 25, 2023, 02:51:33 PM
I’m just now reading about the Bronny James story. Bronny apparently suffered a cardiac arrest yesterday during a workout at USC. This is horrible news and I’m sure LeBron James missed a lot of sleep last night. Insane that these athletes are having so many heart problems suddenly. We all know it’s the vaccine, but that doesn’t make it any less heartbreaking.
2737  Economy / Speculation / Re: Do you think BTC would rise again? on: July 24, 2023, 05:41:22 PM
When you think about all the money being poured into mining operations and are familiar with how Bitcoin’s supply will be distributed, it becomes clear that there can only really be 2 outcomes. Either the Bitcoin price will rise or billions of dollars in investment will turn to bankruptcy. When you consider those making the investments will control the new release of supply to the markets, it seems prettt clear we’re in a feedback loop that will work until it all comes crashing down. I think we probably have another cycle or two before that becomes a major concern.
2738  Bitcoin / Bitcoin Discussion / Re: How is the Exchange Rate of Bitcoin to USD and Other Currencies Determined? on: July 24, 2023, 03:00:47 PM
I'm not sure about other currencies but other currencies are pegged to their USD value so basically USD is the only rate we follow for BTC and the other currency just follows the value of USD in their local exchange rate. It's funny how simple we can determine the prices but if we were to investigate further then we will see that it's a whole can of worms, the demand is influenced by other factors too that I am too lazy to mention.

Pretty much everything is always valued in USD when speaking internationally. This is because the US Dollar is the world’s reserve currency. As far as how the exchanges calculate the price, they just use the last trade on their exchange. It’s good that each exchange can carry a different price as it allows for arbitrage and price divergence can also foretell potential issues.
2739  Bitcoin / Bitcoin Discussion / Re: Is Michael Saylor a modern apostle like Peter and Paul? on: July 24, 2023, 02:58:09 PM
I definitely wouldn’t consider Michael Saylor a modern apostle. If anything he’s responsible for driving up the price before more nor Moe’s could enter the market. Just look at his past. He’s a guy who got rich domain squatting. I don’t view his entrance into Bitcoin as much different. He saw value in digital property and is trying to scoop as much as he can to exploit for profit.
2740  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 24, 2023, 02:54:02 PM
It seems a little strange to me that Bitcoin is slowly falling in price while the traditional markets are rallying so hard. Making things a little stranger, prominent investors have been selling off shares of Coinbase leading me to wonder if perhaps they know something that we don’t. Perhaps they’ve already been given a heads up about widespread ETF rejections?
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