Wait I'm confused, how is gambling considered as 'passive income' ? You are literally engaging yourself against the odds without any guarantee of income on your part. Gambling cannot be, and will never be, considered as passive income (unless you are the owner of the gambling website/establishment).

Gambling is indeed, the game of greed. Without any self-discipline and control, one would have to suffer the consequences of losing all of their resources. Like what most have mentioned, greed is what calls the gambler on getting stuck on the gambler's cycle.

There are lots of altcoins present in the market. The reason on why they are called 'altcoins' is because they are alternative coins other than Bitcoin! The problem with most altcoins is that their market value and market cap are larger compared to bitcoin's cap (21 million). In addition, the price of BTC is significantly high that most people prefer to invest on the latter either for short/long-term.

It's like, why invest in silver if there is gold? Though there are cases that investing in silver is better, the general rule is that investing into BTC can either make or break your investment.

The question is, how do you draw the line between children being exposed to gambling and YouTube ads that primarily give income to YouTubers? I find it very difficult on how it could be balanced out completely since the modern age of technology has pushed children to excel at using gadgets. Given the current circumstances also due to COVID, almost all children use gadgets for their entertainment (rather than playing outside with friends, etc.) which puts them more at the risk of knowing gambling.

At this point, the intervention of parents is highly recommended in order to at least safeguard the rights and welfare of these children. Once they get exposed to gambling and their curiosity enabled them to try it, it could seriously transition to addiction.

Well I do understand your mindset especially if a person has the obligation to make ends meet.

On the other side of the spectrum, there are also some people who, unfortunately, tend to take for granted all the small battles they have won. For example, like what you experienced, a small profit in trading is a profit! Rather than experiencing a loss, some people tend to trade again since they cannot seem to accept a small profit on their end.

I do like the quote that you shared. Not only does it apply to cryptocurrencies but it speaks on a larger experience where you should appreciate all the things that you have since others do not have the privilege of having the same experience/things that you have.

A hundred years from now, I do think that BTC may still reign as the number one cryptocurrency but there are certain indicators that could prove otherwise.

Remember that BTC is powered through the blockchain technology. Since it has been previously mentioned and estimated that by the year 2030 all BTCs would be mined, then expect its price to skyrocket further. That is why, lots of people are inclined in HODLing for long-term investment, taking advantage of its high volatility.

As I just mentioned, if assuming that BTC survives a hundred years more (assuming that countries still accept BTC, etc.), then it could still be the number 1 cryptocurrency.

I do think that more on the graphics, the overall interface where you could communicate with other people also matter. But the most important thing in managing a gambling website is the customer service communication. Without any proper customer service, all the queries or problems that are related to depositing/withdrawing funds would go unnoticed.

Like what you also mentioned, a good reputation is essential to a gambling website. To be honest, if the website is also advertised here in the forum, you can at least be comfortable with their legitimacy (exception would be 1-bit lmao).

This question has been answered several times already and the answer is the same. Paper money would still be relevant in the years to come since it has been widely acknowledged by all countries as the main form of legal tender. While there may be countries that still practice 'barter system' of transactions, fiat is still the main currency which is used in all transactions involving payment.

Digital currency, on the other hand, will be the next generation of transactions in the FAR future. Since underdeveloped countries struggle to adapt technologically, they are the ones who would be hindered assuming that most developed countries shift to the idea of implementing digital currency.

Bottomline, both have their own respective use and convenience but its wide scale implementation will happen in the far future.

The general rule is that, only gamble away the money that you are willing to spend on. If you rely on gambling as a means for a source of income, then chances are that you would lose more money on the process.

Remember that if you rely on a source of income that is measured by odds and risks, then there can be no absolute stable flow of income on your end. You would end up having to bet more than you actually planned for which can result in accumulation of long term debts.

I definitely agree with your statement.

With the COVID pandemic challenging almost all business sectors, most companies have literally no choice but to adapt measures that would still retain or improve their efficiency in the business. Thus, some companies have adopted lots of innovations such as providing digital services or teleconsults. Since it has been proven that some countries can retain this type of virtual service, we could expect that in the next few years, more digitalized innovations would be implemented.

This depends though. Like what others have already mentioned, even if you give someone free BTCs, it is still their responsibility on how to utilize it. Others may sell it at a lower price from the time they acquired it and some may sell it at a higher price which gives them profit at the end.


As an analogy to the original bible verse, it's like you're giving away $40,000 worth of free fish to a person. But if he fails to utilize each piece (i.e. preserving the rest for future use), the value overall would decrease- that is why you have to be smart with all the investments that you acquire.

I watched the game in my TV and saw the whole fight. Man, it was really heartbreaking to see Paalam fell on the first round due to the 3-punch combination that caught him off guard on the ropes. Though I do believe that the second round belongs to Paalam, the judges thought otherwise. On the third and final round, I was really hoping that Paalam would knockout Yafai but the latter played it very conservatively and safely.

Imagine, Carlo Paalam is only 23 years old and he marched his way toward to Silver. I am very excited to see the future of other sports as well because this olympics is a testament that the Philippines can excel at any sport.

Like gold, it depends on the price that people are willing to actually pay for it. In addition, its scarcity and limited number (21 million) makes it more valuable that other cryptocurrencies in the market.

Remember that what drives the market price on a product is the law on supply and demand. The demand on BTC is so much that people are willing to purchase it at a higher price. The reason is because of its high volatility which make it the perfect investment instrument for either short or long-term.

According to some speculations, it is to be speculated that the very last bitcoin may be mined on the year 2140- that is why save your BTCs everyone!

Ever since his loss with Mayweather, Canelo has been dominating the middleweight class on his own. He improved so much and learned from that fight alone which makes him a very dangerous opponent to anything.

To be honest, I do think that Canelo is still in his prime. His destructive raw power and skill can outclass any opponent on his weight division which puts him at the top middleweight fighters of all time.

Compared to the fight of Pacquiao, I am more confident seeing Canelo win against this match; thus, I'll be betting on this fight 100%.

My close friend in college was the one who introduced me to this forum. Apparently, he gave me the idea that it is possible to earn cash online (I was very skeptical about it). When I found out that BTCs can be converted to cash, I immediately read about it and did research about its history, etc.

What drives me more to invest and save my BTCs is its high volatility. Just by looking on its price, you can see the upward trend. Though many people have been trading cryptocurrencies, I see this more as a long-term investment where I would perhaps cash them out 5-10 years from now.

You also have to remember that Spence will be coming from an injury due to the car cash that happened last 2019.

Regardless, based on numbers alone, the fact still remains that Spence is younger and bigger. But against Pacquiao, who is also a southpaw, and has tremendous experience in fighting, I do think that he has the edge here. His skill, knowledge, and speed can literally dominate Spence in the ring. Most fighters that fought Pacquiao underestimated his speed and they only acknowledged it after their respective defeats.

Based on my personal experience, my dad used to engage in cockfighting in our country and so far, he has profited on his games. My grandfather used to own a cockfarm in our province and they used to train chickens there for the sport.

On the other hand, my brother, who I used to accompany a lot in physical casinos, lost lots of money during his gambling spree. He brought me with him since I was supposed to stop him from gambling beyond his budget- which proved to be futile at the end.

The hatred coming from Bitcoin came from people who invested to it without any prior knowledge or whatsoever. Unfortunately, they are the ones who invested because someone just told them so without even knowing the technology behind it.
 
Remember the crash in the last quarter of 2018? Prior to that, the price of BTC was around $4,000. On the last quarter of 2018, its price skyrocketed up to $18,000 and people joined the bandwagon. When its price dropped on the first quarter of 2019, people who lost on the investment started rumours about it being a 'bubble', thus the hatred starting.


People associate BTCs with lots of negativity due to media and how the latter presents it. Lots of renowned investors and banks also shared their opinions about BTC being a 'bubble' which contributed to the overall stigma.

This is relatively true since the financial condition of a person makes him at least comfortable with his investments.

Compared to people who live in the middle to lower class, people who are up in the ladder have the financial security and blanket in case their investments fail. People under the middle class struggle relatively with their finances and investments to the point that one failed investment can put them in financial jeopardy.

There is, however, an exception to this rule. People who live in the middle class may set aside a specific amount of money primarily for their investments to the point that assuming that it failed, it will not affect them totally.

Any win via unanimous decision is already a major accomplishment but winning against a Japanese boxer in their hometown is just a spectacular achievement on its own! Now, since Carlo Paalam has a guaranteed Silver Medal, I do hope that he brings home the gold on his next match.

I just find it very interesting that most olympians that represented the Philippines brought home a medal. This is indeed, the golden age of our country in this year's olympics. I do hope that in the 2024 Olympics, the Philippines' government support its athletes for more medals in the future.

I kinda disagree with your statement.

I think the key factor in trading/investing is knowing which coin to invest on. From this alone, this implies endless amounts of research on the part of the investor since the goal here is to reduce the risks of the possibility of losing your investment. Regardless if you have a small or a big capital, your mindset should always stay the same.


I think it also depends on the individual's capital to begin with. Personally, there are some people that I know who are beginners but they started trading/investing with a large capital. But like what I previously mentioned, it required them to study and to research about the market situation in order to reduce the possibility of losing their investment for short-term.