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3001  Economy / Gambling discussion / Re: Easy or hard to quit? on: June 17, 2023, 04:14:16 PM
Can you quit gambling if you make a life changing money and never go back to gambling?

I asked this because those who made some money through gambling near me always go back to gamble and they end up losing everything they once made through gambling.

Is it fine to say that people should not go back into gambling once they made high amount of money? Because the chance of losing that money again is very high, even if they don't use all the money to gamble at once, gambling can take it all back in time.

Have you ever won a high amount of money from gambling and managed to not lose them all back to gambling? And to date, you are still gambling?

I should say first that I’ve never bet a lot of money on anything really. I could be wrong but I think $175 is probably the largest bet I’ve ever made with a casino. For me it would be easy to stop, but not because I won life changing money. I gamble for the fun, so making money doesn’t have a lot to do with my decision. I’d be most likely to not gamble when it stopped being fun.
3002  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 17, 2023, 04:12:00 PM
Seeing how the price has been recovering makes me feel like the latest move downward was an orchestrated squeeze on leveraged longs. Knowing now that Blackrock was entering the space makes a little more sense why something like this would occur. I feel like Bitcoin is under attack right now as the big boys try to take control of the market.
3003  Economy / Speculation / Re: You wanted decoupling, you got it. on: June 17, 2023, 09:11:07 AM
I think what we saw was more of a news event with the SEC taking action against Bitcoin exchanges. I wouldn’t say that’s enough to call this a decoupling. The real decoupling we want to see will be when the stock market heads south from the recession and the Bitcoin price shoots up after the halving. Still a ways out though.
3004  Economy / Gambling discussion / Re: 🥊 The UFC Info and Prediction Thread on: June 17, 2023, 09:09:11 AM
After seeing the video I think her story is much less credible. There were an awful lot of people around for her to have been in danger of being raped. She also appeared to be a pretty large woman… Besides the story of her beating him up with an elbow and getting away being hard to believe, now it seems the video contradicts her story a bit.
3005  Economy / Collectibles / Re: [INFO] Free Satoshi Skull decal! Greenpeace hit piece.. lol on: June 16, 2023, 10:03:14 PM
  Received this envelope today which I thought was junk mail...and I usually dont bother opening at all....Until I held against the light and saw a round object....opened and it turned out to be the sticker! Forgot all about it and pleasantly surprised... Cheesy



Damn. I’m betting I threw mine out unless it hasn’t come yet. I got notification that one came to my post office box so I’ll have to be more careful combing through that mess of advertisements. I feel like advertising has ruined mail and telemarketers are trying their best to ruin phones being useful for calls. It’s also possible I don’t take mail or phone calls seriously enough. I do enjoy messing with telemarketers.

Useless tidbit: As I was typing this in a lobby, someone named Craig Wright just came in. I did a double take.
3006  Economy / Speculation / Re: [POLL] Should the Fed stop raising interest rates? on: June 16, 2023, 09:42:46 PM
I voted for a stoppage of the rake hike, they've done well already with the manner in which they were aggressive with it last year. This is a very good measure as a result of the threatening inflation. However, this time that inflation is subsiding, it's a good act to stop it or slow it down to the lowest pace.
I'm not really sure if US inflation is subsiding, it might be that the numbers is not really updated as there are a lot of financial issues. So it's a surprised that they paused it right now. But I doubt it, maybe next month there will be another increase. Perhaps they are just observing as to what effect the pause will be for this month.

But then again, as I have said, the economy still look very bleak, so this might not be a effective measures.

And even with this news, it hasn't had that much effect on crypto market.

Inflation is definitely subsiding. The problem is that the Fed always looks backwards at trailing data instead of forward to what will happen. Forward metrics are showing things like a negative money supply and deflation. The Fed is causing a recession and if they raise rates at all from here it will be a worse one than is already coming. If I were a smart man I would sell all my assets like I said I would next time this happened back in 2008, but here I am, holding like an idiot and waiting to see how much it will cost me.
3007  Economy / Gambling discussion / Re: 2023 NBA Season on: June 16, 2023, 09:35:13 PM

Well, it's official.

Ja Morant has be suspended for 25 games: https://www.espn.com/nba/story/_/id/37863825/sources-grizzlies-ja-morant-suspended-25-games-nba

In my opinion, he got lucky. Many outlets spoke of a much higher punishment, even up to 1 season. The number which circulated the most was 30 games. So now it's "just" 25 games, seems like a good deal for him.

If he will learn something from the whole situation is a different story, der Grizzlies can only hope he does.
This will definitely harm Memphis to play without him in the first 30% of the season, at least they don't have to pay him for that time I guess.  Grin

He probably won’t learn his lesson. For them to have given him this suspension for having a legally owned gun (they claimed later it was a toy) in a video. He broke no laws and hurt nobody. That makes me think he was told explicitly not do have guns on social media and did it anyway. When this is all said and done he’ll probably lose 200 million plus dollars from all of this is salary and endorsements, but will still probably make another 400 million in his career so I doubt he cares too much.
3008  Alternate cryptocurrencies / Altcoin Discussion / Re: Buy ETH as much as you can.... on: June 16, 2023, 01:50:06 PM
ETH is great but using it is so expensive that it’s definitely a deterrent to the growth of their infrastructure. That’s why it’s surprising to me that coins like MATIC haven’t held up better. The idea of using ETH for things like metaverse transactions will never happen. Still though, I think ETH and staking will make it a popular coin for investment funds.
3009  Economy / Speculation / Re: BTC > 1M ? on: June 16, 2023, 01:46:45 PM
Now that the big guys like Blackrock are moving into the space, a massive jump in price seems almost inevitable. If their ETF gets approved it will be a situation of the higher Bitcoin’s price goes the more money they’ll be able to take in on fees, which will act as a feedback loop as they accumulate everything they can buy using their own investor’s money.
3010  Economy / Gambling discussion / Re: 2023 NBA Season on: June 16, 2023, 01:44:17 PM
^ Dwight Howard said he would love to come off the bench for the Kings and help them win. I think on a good contract he’s probably a nice addition to the team. The Kings to me seem like they’re being well coached these days but their roster definitely leaves room for improvement. They’re just never able to lure free agents to Sacramento.
3011  Economy / Gambling discussion / Re: 🥊 The UFC Info and Prediction Thread on: June 16, 2023, 01:42:02 PM
Speaking of Conor McGregor, it looks like he has himself a new problem as a woman has come forward to say he raped her at game 4 of the NBA playoffs. Not sure how much truth their is to the story as I believed McGregor was happily married and in a committed relationship, but he’s going to have to address this situation either way.

There is a bit more info of how that all happened (might) https://www.sportingnews.com/au/mma/news/conor-mcgregor-rape-allegation-sexual-assault-nba-heat-nuggets/l15tcic8d0bcr8yi3ehtnx13.

There arre so much details given, almost every step of that crime can be visualised. And is the proof that this all is fake. It is a huge public place. It is pinned with security cameras everywhere. Every step Conor made can be checked. And it is Conor, he has been covered by fans with mobiles and cameras all around. If he has really did something, a lot of people must have filmed it.

I like the part when she has repeatedly elbowed him, and escaped numerous guards. Yeah, elbowed a pro fighter and escaped his clinch while being shocked. Some kind of Jason Bourne in womans disguise.

We’ll have to see what happens. I tend to think a guy as rich as Conor could probably buy whatever he wanted, including company for a night, not that he would need to. It doesn’t make a lot of sense for him to rape a random woman, but who knows. Maybe he’s still so roided out he can’t control his actions or something.
3012  Economy / Gambling discussion / Re: 🥊 The UFC Info and Prediction Thread on: June 15, 2023, 10:14:11 PM
Speaking of Conor McGregor, it looks like he has himself a new problem as a woman has come forward to say he raped her at game 4 of the NBA playoffs. Not sure how much truth their is to the story as I believed McGregor was happily married and in a committed relationship, but he’s going to have to address this situation either way.
3013  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 15, 2023, 09:19:52 PM
Bull = back
       ?

It was a short correction but it looks at least at the moment like the ETF news along with the Fed pausing has caused an upturn. Traditional markets rallied hard today as well. I’m still a bit bearish in the short term personally, but the long term fundamentals just keep improving. I am keeping my fingers crossed that Bitcoin is able to shrug off the coming recession and keep to it’s fractal pattern.
3014  Economy / Goods / Re: ~ Buying a TESLA CYBERTRUCK with BITCOIN ~ on: June 15, 2023, 09:04:55 PM
Ognasty i have one question for you, now i was thinking the CYBERTRUCK being a TRUCK implies you are gonna pull weights (theorically), so being electric means you are gonna have  much more engine torque than a oil engine one.

How much its the engine torque?.

I don’t know how much reliable information is out there but here’s what was published by Tesla. Cybertruck can tow up to 14,000 pounds and has an estimated driving range of 500-plus miles.

A quick Google search landed me with this answer: The estimated maximum power of the Tesla Cybertruck Tri Motor is 600 kW (805 hp). The estimated maximum torque is 1033 lb-ft.

I don’t intend to tow much. If I do take a cross country trip or something I think I could handle sleeping in the bed area and I’m not a boat towing guy.
3015  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 15, 2023, 05:12:48 PM
The news of Blackrock buying a ton of BTC had me thinking we’re near the bottom for now, but it appears they are going to file for the right to launch an ETF. Not sure why this one would be approved when others have failed for a decade, but with all of Blackrock’s connections and money, I doubt they’d do this unless they already knew they’d get approved. Bullish as bullish gets on those long term prospects.
3016  Other / Meta / Re: Did Laszlo Hanyecz exchange 40000 BTC for 8 pizzas, not 10000 BTC for 2 pizzas? on: June 15, 2023, 02:47:09 PM
Imagine what he feels whenever bitcoin pizza day is mentioned! At least I hope he is rich now other than not having thousands of bitcoins. This should be recorded on the book of guinness, bitcoin should be recorded there as well, where in the world can you pay 10,000 units of something for 30$ pizza and after 13 years you could still buy a pizza for 30$ but those 10,000 units worth more than $250 M.🤑
40,000 BTC, not 10,000 BTC. Massive regret.

I doubt he feels as much regret as most people think. He’s gotten donations over the years and surely kept some BTC that helped him achieve a little financial jumpstart in life. What most people might not take into account is his side of things. He ran software on his computer for a couple weeks, got some free pizzas, and now he’s a legend that Bitcoiners talk about every year and may forever. Sounds like a great deal to me, not something to regret.
3017  Economy / Gambling discussion / Re: 2023 NBA Season on: June 15, 2023, 02:42:45 PM
I am wondering why Vanvleet rejected the $22.8M player option contract and behind that, it's making everyone think that there are already some talks with other teams for his contract. And that's for sure when he's needed by some other teams that's trying to scout him out.
They already know what happened to some players who rejected huge offers such as that and ended up not getting the same offer again, I'm sure when he rejected that offer he have a good offer from the other team and it might be the best time to accept it because he might be needing of a good start since Toronto Raptors is not getting any hype after Kawhi Leonard has gone and they didn't get to the NBA finals again. the dude might want to join a championship team where he can effectively contribute to that team and make them one of the best championship contenders next season.

Maybe he is getting a better offer from another team? I mean at least he has to be very certain that he is going to get at least a similar offer from somewhere else to reject such a big offer. I am also sure that he knows very well about a lot of players who have rejected similar kinds of offers which they have not gotten later. So he must have made this decision, knowing that he is going to get a better offer or at least a similar offer. Otherwise, it may end up being a stupid decision. The thing is he has a consistent performance which is going to help him get good offers.

I think this usually happens when a player realizes that he has hit his peak. He doesn’t want to play another year and then try to lock up a long term deal. He wants to lock up a long term deal and get the most money he can now before his numbers start dropping and teams might not want to commit to paying him a huge amount over a long period of time.
3018  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 15, 2023, 02:39:25 PM
The market looks like it really wants to close the head and shoulders pattern and send us back to $20K according to the chart. I’m impressed with all the buying that seems to be fighting it but I wonder if the buyers will be able to stop the pattern from completing. From what I’m reading, most of the buying is coming from big banks, which seems unusual timing given the credit crunch they are experiencing.
3019  Economy / Gambling discussion / Re: 2023 NBA Season on: June 15, 2023, 12:21:39 AM
I snatched this list off of Twitter but I thought it was cool so I’m posting it here. It shows the prominent players that are expected to be moved this off-season and the teams that have the best odds of getting them. Not so sure the Lakers would let LeBron leave and then sign Kyrie…

LeBron James: Mavericks
Damian Lillard: Heat
James Harden: Rockets
Kyrie Irving: Lakers
Russell Westbrook: Knicks
Trae Young: Lakers
Chris Paul: Spurs
Draymond Green: Jazz
Fred VanVleet: Suns
Khris Middleton: Thunder
Nikola Vucevic: Celtics
Brook Lopez: Rockets
Al Horford: Hawks
D’Angelo Russell: Suns
Dillon Brooks: Heat
DeAndre Ayton: Mavericks

Interesting list.  It would be something seeing Lebron and Luca playing together down in Dallas. If you wanted to win a championship, wouldn't you try and keep Kyrie too?  I'm going off all memory here, but I'm assuming this list says Lebron to Dallas for Kyrie because Lebron I'm guessing is locked up with LA for the next season or two. 

Sad not seeing my Bulls on this list anywhere.  They are in no mans land right now, so I guess I shouldn't be surprised.  Ugh

I read today that the Bulls are looking to pickup Russell Westbrook or Chris Paul so you’d better hope they don’t make any moves. Lol

Kendrick Perkins today talking about how he think James Harden will sign with the Lakers. Not sure about that either. With LeBron and Harden both resting on defense they’ll get blown out every night.
3020  Economy / Collectibles / Re: Instead of Satoshis, wouldn't it make sense to call the smallest unit a "Bit"? on: June 14, 2023, 10:49:04 PM
I agree that bits makes more sense but I like that satoshi is forever a part of Bitcoin with this terminology. In the end it doesn’t much matter because everything is priced in dollars anyway. I still talk in terms of bitcoins as I think it would be weird to ask someone for hundreds of thousands or even millions of sats, but if it’s an amount in the hundreds of sats I would say sats. I’ve just never really had a reason to trade a few cents. 
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