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3281  Economy / Gambling discussion / Re: Hard earned money - Busted in seconds on: May 06, 2022, 02:14:37 PM
It was almost two months hard earned money. Got busted in few minutes. I don't know why I wasn't able to have me within the limits. Just started with a $3 bet, but it went upto $98 and ended with empty wallet. This is completely unlucky, because every bets were placed to roll above 20 which means the winning probability is quite high. Anyhow I wasn't in control and I didn't follow the rule gamble what you can afford to loss. It was a money saved to repay a debt. Now once again the interest needs to be paid so to manage the debt for some more time. Unlucky me  Sad Sad Sad

I sometimes think only the rich people should be gambling but in reality it is the exact opposite. Rich people almost never gamble but poor people gamble with the money they don’t own. This is a pretty sad case. Rich people only play the games which they will win. It is not a surprise, that's how they get rich.  Cool
Most of the rich people are businessmen right? Since most of them are businessmen, they know how it works and its business model thus they will not risk their hard earned money just to gamble. Though we see some rich people gambling still, they are just gambling for fun for sure and those poor and average people are gambling for money.

The problem with average and poor Joe's is that they think gambling as their ticket to be rich where in fact it isn't but its the complete opposite. Gambling is their ticket to be poorer.

Its not related to the topic but its under gambling as well. I've seen people that has addicted into gambling here in our country that has been reported in news. The reason? They are stealing money from other people. They are fighting against their family for some reasons (they have mental issues because of gambling). Some are even going to jail because they are doing bad things. These are just some of the negative effects of gambling. I'm not saying though that don't gambling since its our decision but gamble moderately.
3282  Economy / Speculation / Re: Bitcoin may likely pull back to 35k on: May 06, 2022, 02:05:49 PM
Its happening already. Bitcoin is around $35.6k as of this moment base on Coingecko.
The rejection of $40,000 is the reason why it is going downwards again and unfortunately, this downward trend might continue for weeks to months so I hope everyone is ready for it.

We might see Bitcoin again @$30,000 like what happened last year because of what is happening right now globally. No good things happening that can increase the price of the market right now. US stocks are down as well. If you have spare money, plan your buying price already because for me I already planned mine Smiley. I hope nobody is panicking right now on what is happening.
3283  Economy / Economics / Re: Get, Save & Invest. on: May 06, 2022, 01:44:44 PM
Get Money- Popular opinion is that you need money to get money, any contrary opinion?
Once you have started getting money the next objective should be how to get more.
Well, I agree that you need money to get more money.
On the other hand though even you have the money, you will only get more money if you know how to grow that money you have.

Save money- To save money is good, another popular opinion to support this is that , the money you save today will save you tomorrow.
The problem however results when you just keep saving money pointlessly without any plans on how what to do with it, The worse of all is saving money in fiat banks, that money will loose value in no time at all.
The worst part is you are saving your money in fiat for no reason.
I have been saving fiat money in my bank but it has a reason why I put some on my bank account. It is my emergency funds if something bad happens. The problem with some bank users is that, they are putting their money in their account for no reason. They don't know that inflation is eating their money and how much is the interest of a bank? Here in our country the average is around 1% per annum which is insane.

Invest money- This for me is the last stage in the cycle that creates more money for you to be able to get more money. More money betters ones opportunities.
I don't know what my life is right now if I didn't learn how to invest. I might still be depending on my 8-5 work.
Crypto is the reason why I learned how to invest. It is the reason why I'm into investing right now. Because of crypto, I tried to learn to invest into other assets like stocks and bonds etc. Rich people have investments either stocks or business etc. and no employee became rich just because of working from 8-5 so investing is the key to financial freedom Cheesy.

Follow the cycle, don't stop halfway at saving money.
There is nothing wrong with saving money as long as you have purpose into it but the worst thing to do in your life is to not invest at all for the long term.
3284  Economy / Gambling discussion / Re: Celtics vs Bucks 2nd round Series. on: May 06, 2022, 01:04:30 PM
I voted for Boston. I noticed that I just made the poll at a tie.

Now that it is confirmed that Khris Middleton is out in games 3 and 4, it will be very difficult for Giannis and his team to beat the Celtics even in Milwaukee. There is a big difference between Boston Celtics and that Chicago Bulls team. Boston can defend well and Marcus Smart might return in game 3. Giannis teammates better show their a-games offensively and defensively or they will lose these 2 homecourt games. 
Oh they missed Smart last game but they still won the game. I know that this is Giannis house, but maybe the Celtics will give back the favor and still the game 3.

Although the statistics for Bucks winning after 2 games in a series is astonishing. But this time it is without Middleton, their second best scorer. So I'm still on the Celtics bandwagon in this series.
Lets go Celtics!!! Cheesy

I still go with Celtics with this one even though the Bucks stole one on the road. I believe that they will do again what they did in Game 2 where they won by a huge margin and that is shoot more threes and let Horford defend Giannis. Defending Giannis is hard we know but rotation is the key. Smart and Middleton, their best defender and top scorer is gone for the series so I think its a tie. Defense matters in playoffs and we saw it in the Nets-Celtics match-up. I think the Celtics will take one or might be both games in the road Cheesy.
3285  Economy / Gambling discussion / Re: 2022 NBA Season on: May 06, 2022, 12:52:12 PM
~
Embiid will be playing is still possible, they can win with him playing alongside with other Sixers stars, ~

if only he forces himself and brings everything instead of thinking of his injury, ~
If he forces himself to play for game 3 and win, I still doubt it would help the team win the series. Maybe he'll be fine after the game but what are the odds he won't aggravate his injury? I think we've seen enough players sidelined longer than what they should have been because they rushed coming back.

It's a tough decision to make.
Embiid is ruled as out in Game 3 but if there is some progress in his injury then he might play. LINK
There is is a high chance that he might be out for Game 3 but if he will play, it will be limited minutes and not as productive as he was in his past games and worse he might be a liability because of missed shots.

Embiid most likely will not play in Game 3 I think. One thing more is that the Sixers are 0-13 when trailing 0-2 in a best of 7 series and no team ever came back after having a 0-3 deficit so... I think right now we can already say that this series is over. Might be too early but lets just see the availability and performance of their star players.

Harden can't carry anymore and can't score like when he is in Houston. Maxey played better in Game 2 but its obvious that it isn't enough.
3286  Economy / Economics / Re: Gold , Silver Or Crypto? on: May 04, 2022, 02:03:36 PM
Gold and Silver have been there for a long time thus, they offer lesser profit since they are less volatile compare to Bitcoin that has been there for only 12+ years.
It depends on your risk appetite and time frame as well. If you want to hold something for long term then you might consider either the three of them but Bitcoin is more riskier than the 2 metals.

After all, it will all comes to your risk management. As for me, I'm a bit young so I will be more aggressive when it comes to investing and I would rather choose Bitcoin to invest my money with. At least I believe that it will go higher in the long run and it will give me more profit than Gold and Silver.
3287  Economy / Speculation / Re: If Dow Jones falls 80%, bitcoin will fall 99% ? on: May 04, 2022, 09:40:50 AM
It is remarkable that during all these 13 bitcoin years (2009-2021) we have witnessed no big stock market crash - the fiat money mass has only increased and increased.

During this period there have been no years like 1929 or even 2008. But when the last remarkable stock market fall emerged (in March 2020), bitcoin fell much more than major stock indexes...

How sharply will bitcoin price react to the next Big Crash ?
To answer your question, Bitcoin will go down but I don't think it will be 99%. Its a bit exaggerated if you will ask me.
On the other hand though, I don't expect Dow Jones to go down 80%.
Will Bitcoin drop 80% though? There is a chance since it already happened in 2018 but the chances of it to happen is very low because that time and this time is different  but it can  happen still.

How sharply? Hmmmmm maybe its lower than we could've ever imagine or it might be the opposite as well. When people don't invest in these markets, investors sees it as an opportunity and they will buy more. We saw what happened in 2020 where a few days after the crash, all of the markets went up significantly. Its because they see it as an opportunity to accumulate assets at a lower price. Exact numbers? I don't know though.
3288  Alternate cryptocurrencies / Altcoin Discussion / Re: What might occur on the next bear market on: May 04, 2022, 09:02:43 AM
What I'm afraid of in the next bear market is if the 2018 bear market returns or is even worse in the future. Either way, crytocurrencies have always surprised me in a positive way so far, as they continue to rise from time to time, what if 2018 were to repeat itself does that mean we really lost cryptocurrency, or we have to wait a few long years back with the global crisis. I just hope that doesn't happen and try to take every moment to prepare.
There is still a chance that this will happen but for me, I don't think that will happen. The market cap of crypto at that time is lower that is why coins such as Bitcoin and others can easily go down as they have a lower market cap and can be manipulated easier. This time 2022, the market cap is higher so I don't think that what happen in 2018 will happen again this year since there are more investors right now and the mindset of investors in 2018 and 2022 are completely different.

In 2018, one big news can make the market go pump or dump. Now 2022, news doesn't affect the market anymore or if there is its effect is very little to none so for me I think that will not happen anymore.

In a bull market, projects emerge and most if not all of them will immediately go up because it is a bull market. However in a bear market it will be a complete opposite situation. Its a "survival of the fittest" time where those projects that can't survive in the bear market will just go down, get abandoned and die and those who survive will be the ones who will be successful and will see another bull market Cheesy.
3289  Economy / Gambling discussion / Re: 2022 NBA Season on: May 04, 2022, 08:43:42 AM
Put your bets brothers, this could become a sweep if the Warriors and the Bucks will win again.  Cheesy
The Celtics may have done great against the Nets but this is a different story versus the Bucks. They are known as one of the best in defensive plays so even without Middleton they could win it.

Don't underestimate the Celtics they too are a good defensive team. We all know they can't Giannis, but with a consistent and efficient shooting they can actually win the series. Game 2 was the best example of it. Celtics actually have a good chance to beat the Bucks here, nevertheless this is going to be a good match up. Who ever wins between these 2 deserves to be in the finals.
Celtics in 7 Cheesy.
Its only my prediction though and I agree that lets not underestimate the Celtics just because they are against the defending champions. They had a better offense right now in Game 2 compare in Game 1. Celtics had a good start, took the lead and never came back. If Tatum and  Brown continues to play like this all throughout the series, they will defeat the Celtics. Middleton will not play this series as well so that's a disadvantage already however, I don't know if Smart will play in this series. If somebody knows then please share it Smiley.

The Warriors too, Grizzlies may have taken a higher seed but we know the Warriors as one of the formidable teams when it comes to playoffs time. They may have been rusty but they are back with a newly acquired deep bench that helped them pave the way to the playoffs.

I was really hoping for the GSW to sweep the Memphis but they even up the series. Now, they're back at home, hope they'll win the 2 upcoming games and finish it on the road.
The top 3 scorers of Warriors had a bad night shooting below 50% except Poole who has exact 50% but overall, its unacceptable so I will just say that its either they have a bad night or the defense of the Grizzlies is just too much on this game.

Hope for GP2 to recover quickly from his injury though because he is a big addition to the team defensively. I thought that the Warriors will take both games on the road but its good that it isn't so... lets expect a good series between the 2 but I'll go with Warriors in 6-7 games.
3290  Economy / Gambling discussion / Re: Hard earned money - Busted in seconds on: May 03, 2022, 01:47:05 PM
Quite unfortunate for the OP but this kind of stories are already normal.
Gamblers losing all of their money because of their wrong decisions and emotions.

On the other hand though, in order for a person to learn something you must make mistakes Smiley. You must make mistakes if you want to learn and I hope that the OP learned from his mistakes. I had made some gambling mistakes as well like letting my emotions control over me. Making all-in bets which ended up losing my money but I learned from it and didn't do it anymore.
3291  Alternate cryptocurrencies / Altcoin Discussion / Re: New project success on: May 03, 2022, 01:28:22 PM
Well, idk but I really wanna ask this question here, as we all are seeing lots of new alt crypto roaming around the crypto market. what are the factors needed for successful crypto projects, does anyone know?
There are many factors in order for a project to be successful but these are the 2 of the top factors that I'm using whenever I want to invest into a certain project.

1. Use case - What will be the use case of the coin? What will be the benefits of the holders of the coin? Where will be the coin be used? Will it help the people in some ways? Use case for me is very important because if you will see some of the top coins right now have a use case like BNB for example where you can use their token to reduce the fees and some staking coins where you can earn rewards just by holding the coin though it isn't the only use case of these staking coins.

2. Community - These for me is the top priority when it comes to the success of the project. If people see the project as a good one, many people will join and invest into it and vice-versa. Though having a huge community isn't an automatic success, most of the time a project becomes successful whenever it has many supporters or in this case investors unto the project.
3292  Economy / Speculation / Re: Bitcoin may likely pull back to 35k on: May 03, 2022, 01:05:14 PM
I will not be surprised if it will happen Smiley. TBH, this might be the start of the multi-month bear market.
US Stock Market is down as well because of inflation (maybe) and the Stock Market and Bitcoin often moves in the same direction. The Ukraine-Russia affects the whole market as well.

This might happen and there is also a possibility that we might see Bitcoin at $30,000 with what is happening right now. Base on the fear and greed index, investors are feared right now. People see this one as a negative one but intelligent ones see this as an opportunity. Just continue Dollar Cost Averaging if you really trust Bitcoin and you believe that it will go up in a few months to years.
3293  Economy / Speculation / Re: Stability of bitcoin on: May 03, 2022, 12:37:22 PM
First of all, lets get the definition of the word "Stable" in Merriam Webster. It says there that stable is "not changing or fluctuating".

Bitcoin right now is more of an asset already than a currency and there is no asset that is stable (aside from stablecoins of course). S&P500 isn't stable, Gold isn't stable, Stock Market isn't stable. No asset is stable at all and that also applies into Bitcoin so the term "stability" can't be used with Bitcoin because it can't be stable at all.


Must there be a rising and falling of crypto before the market can work effectively
Crypto is working effectively already (for me) even though it is rising or falling and its completely normal so... just live with it Smiley.
3294  Bitcoin / Bitcoin Discussion / Re: Coinbase CEO Brian armstrong prediction 10 to 20 years from now. on: May 03, 2022, 12:17:38 PM
I could hardly believe it when i saw the news today about the prediction of the coinbase CEO, he said 10 to 20 years from now cryptocurrency will have a 1 billion users, well he has a point the people who has involed in crypto on year 2021 market is reaching over 220 million individuals very big numbers of people, so his prediction sounds logical for me there is a big possibility that this could really happen and i believe that this has a good effect on cryptocurrency prices, this sounds like cryptocurrency will be having a great future 10 years from now? This means many more country will be using crypto or what? Can i have your predictions? What is your thoughts on this statements?
While the CEO of Coinbase predicted that 1 Billion users will be hit in 10 to 20 years, the CEO of Crypto.com predicted the same amount of users but in a shorter amount of time. According to him, 1 Billion users will be hit by the end of 2022 base on this article from them: LINK

Between the 2 prediction, I think the CEO of Coinbase is more realistic and I think it will happen knowing that many can happen in the next 1 to 2 decades. At that time, there are more people already and we might see those kids at the present involving themselves into crypto. Anything can happen in that time span so I think it will happen and its reachable.
3295  Economy / Gambling discussion / Re: 2022 NBA Season on: May 03, 2022, 08:49:17 AM
Butler has an off night and the Heat still come away with the win, and pretty convincingly.  On top of Joel Embiid being out, it certainly doesn’t help having the Heat with home court advantage. Not sure Harden is much of a star player being the only star out there. Almost kind of predictable him shooting poorly tonight. I think this is about how the rest of the series is going to look.

Butler having an off-night and Lowry not playing and yet they still won.
I don't know if what affects more in this game. Is it the depth of the roster of the Heat especially their bench players lead by Herro or the absence of Embiid in this game. Or lets add another one which is the performance of Harden in the 2nd half. From having a good performance in the first half to just 4 points in the 2nd half.

The Prime Harden is already gone. Gone are the days where he is scoring 25-30 points back when he is in Houston. Gone are the days where he is the main scorer of the team. I don't know if its the injury that hinders him or something that we don't know. Its only Game 1 and I think Sixers will make some adjustments into it and will play better without Embiid in Game 2. Good thing though is he "could" comeback in Games 3 & 4 and I hope he really will come back or they might be swept this time.
3296  Alternate cryptocurrencies / Altcoin Discussion / Re: Doge Future after Elon Musk Buy Twitter ? on: May 02, 2022, 11:13:01 AM
What if this rumor comes true ?
Then we might see again what happened when Elon hyped the coin a few years ago.
We might see DOGE pump again. While many people make money thru it, there will be more investors who will be put in misery as they will be FOMO'ed because of this.

I think lets not connect Elon Musk's acquisition of Twitter and DOGE because there are still no signs for now that DOGE will be implemented on Twitter as a tipping tool (since it is most are saying and on the other hand, DOGE has been created as a tipping tool as well) but I will not be surprised though if he will add it since he has been a huge DOGE fan.
3297  Economy / Gambling discussion / Re: 2022 NBA Season on: May 02, 2022, 11:00:18 AM

Game 1 was a must win for the Grizzlies for me to have a good chance of staying in the series because they can still utilize the element of surprise. Kerr and GSW veteran's playoff experience will manifest more and more as they head to the next games. Morant and the rest of his team can count on grit/fighting spirit I doubt that will be enough to advance to the next round.

Warriors are not happy with Green's ejection, for me, it doesn't look like an F2 or even a flagrant foul. We know Draymond's reputation but that was a soft foul based on my evaluation, but the refs see otherwise, so this conspiracy theory will come out now again.  Sad

Anyway, Warriors still win, and that's what matters.
I hope they'll sweep this Memphis team. KIDDING!
Its only Game 1 and many things can still happen throughout the series. We already saw Timberwolves stealing one on the road and yet they still lost 4-2.
I agree though that the experience of the Warriors will be their advantage against this young but talented Grizzlies team. Almost of them especially the core players has experience already in playoffs. I still believe though that the Grizzlies will make an adjustment and they might steal one on the road as well.

With regards to the ejection of Green, the referees are very soft that they called that a flagrant 2. Its playoffs and yet they still are that soft to the point that something like that is already a flagrant 2. Overall, I just hope that in the next games they will not be like that because its the playoffs and physicality will always be there because of their competitiveness. I don't think Kendrick Perkin's broomstick will not be used here (if you are watching in ESPN Cheesy) though there is a chance that it might happen. It already happened in the Nets-Celtics game but the chances of it to happen is very low Cheesy.
3298  Economy / Gambling discussion / Re: [Boxing] Crawford vs Spence on: May 02, 2022, 10:48:14 AM
Just after Spence won against Ugas, Crawford already said that he wants to fight Spence.
The hype for this match is the same, if not higher than the Pacquiao-Mayweather fight back years ago.

Many fans are waiting for this to happen. Many analysts are waiting for this to happen. If this will happen, it might be a candidate for fight of the decade and fight of the year. TBH, its hard to predict which will be the winner of this one because both of them are very good fighters and both are undefeated. I will not predict until this match will happen.
3299  Economy / Gambling discussion / Re: Warriors vs Grizzlies 2nd round discussion on: May 02, 2022, 08:55:40 AM
I think it is the Minnesota Timberwolves that looked weak late game in their series with Memphis that cost them games. Although at times they still managed to win but close. Memphis line up are young so they still continue with their pace from first to fourth quarter. What this young Memphis team lack is experience. I think the well experienced GSW will win this series 4-2.     
We already saw that they are inexperienced when it comes to playoffs thus, it costs their playoff chances.
Lets just remember that in the 4 wins that Memphis got against the Wolves, 3 of that 4 games had a point where the Timberwolves had a double-double lead but they can't manage to get the win. I can't say that they are weak though since they will not clinch the playoffs if they are weak team. Maybe the correct word is "inexperienced".

We just saw how close Game 1 is between these 2 teams and I think we are all expecting for a close series between these 2 teams. I'm a Warrior fan and I will pick the Warriors in 7 games. Homecourt advantage is a huge thing here but the Warriors manage to steal one from them.
3300  Local / Altcoins (Pilipinas) / Re: Axie Infinity Philippine Thread on: May 02, 2022, 03:00:31 AM
Sa akin, kung go sila, go pa rin. Parang passive income pa rin naman pero sobrang baba nga lang. Abang nalang kung ano ba magiging result ng origin pagtapos nitong season 21.
Sana nga maging sulit din yung paghihintay at pagta-tyaga para naman sana makabawi kahit papano. Konti nalang naman na at parang satisfy na din ako.

Tama kaya ang tanging magagawa na muna natin sa ngayon ay maghintay nalang talaga ng susunod na update nila, kita naman din natin na tinatrabaho nila ang origin at intact parin yung institutional investor nila kaya sana pumaldo narin ulit tayo kung successful talaga ang pag release nila ng origin.
Abang at patience nalang talaga, tutal andyan na yan tapos sobrang baba na din. Kung magbebenta naman at loss parang hindi satisfying kaya yun nalang ang plano ko din, hindi ako mag cut loss.
Patapusin nalang yung season 21 tapos pag pasok ng origin baka doon na rin talaga papalo ulit at babalik yung mga players kapag mamodify pa nila yung rules ng laro.

Kahit masakit na sa mata yung galawan ng slp kailangan parin natin talaga magtiwala dahil wala naman talaga tayong magagawa kundi maghintay at sana makakita naman tayo ng magandang resulta sa origin, pero di ko talaga gusto gameplay ng origin  Cheesy. Sana graphics nalang nila binago at yung gameplay ganun parin dahil mas nag e-enjoy ako sa existing kaysa dun sa bagong ilalabas nila.
Kahit ako hindi ko rin nagustuhan ang gameplay ng origin sa ngayon pero since nasa early access phase pa tayo, mag-expect tayo ng maraming mga changes sa future.
Panoorin nyo ung gameplay ng Axie Infinity noong nagsisimula pa lang. Nasa around 13-minute mark ung start ng game play https://www.youtube.com/watch?v=8QDDxVFmzz0.
Pangit ung gameplay (para sa akin) at RNG based rin pero habang tumatagal nagkakaroon ng changes at unti unting nagustuhan ng mga naglalaro. Isa pa ay magugustuhan rin natin ung Origin kapag nag shutdown na ung Classic version. May mga pagbabago pa yan sa future Smiley

Tungkol naman sa SLP, bagsak kasi ang market ngayon kaya nadadamay mga altcoins pati SLP at kagaya ng iba panibagong burning mechanism na lang ang hinihintay natin para at least tumaas kahit papaano ang SLP. Naalala ko na naman tuloy ung Pegaxy na sinasabi nilang "Axie Killer" noon at kung ano ang nangyayari sa VIS token ngayon. Dating 12 PHP ngaun nasa 0.04 PHP na lang.
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