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341  Economy / Economics / Re: 2021 not Looking good on: December 07, 2020, 10:45:53 PM
Due to the 2020 pandemic, it caused an economic crisis worldwide. most countries are trying to cope with the crisis. There are countries that consume almost all resources. therefore, 2021 does not look very positive economically.

I think it will be the start of that positive economy. The vaccine as they said it is actually done but might not be ready still, there are a lot of medical companies already producing them to be used next year. That is a proof that it would be changing. Another thing is that a lot of countries are already creating their plans to regain their economy in the incoming year.
342  Economy / Gambling discussion / Re: [Boxing] Floyd Mayweather vs. Logan Paul - February 20 on: December 07, 2020, 09:08:00 PM
Are you kidding me? Logan Paul against Floyd Mayweather? What will Logan do here? Why doesn't he just say yes to a Manny Pacquiao's rematch? It will be a bigger match and bigger money if that's what he wants. We all know who will win here and we all know how will this end, Let the YouTubers do their thing and let the pros do theirs.

Aside from money Floyd also concern with his title, the undefeated fighter would not stake the title fighting back Pacquiao, as he already knew his capabilities and his determination to beat him. This upcoming fight against Logan is much easier and still there's money that will be stake after the fight.

Why risk if you can just get an easy one, chance that he might lose against Pacquiao is too high so why
bother to accept the fight, unless there's a huge amount of $$$ that he may collect same like before, it
might be a close deal .

He wants it easy, I don't know how much money he needs but I don't think that match could draw large money since at the end of the day Logan Paul will be the one getting all the exposures for his YouTube videos in the future. In terms of Logan, Im impressed since even if I am getting a huge money from it, I don't think I'll only get scratches facing an undefeated champion.
343  Economy / Gambling discussion / Re: [Boxing] Floyd Mayweather vs. Logan Paul - February 20 on: December 07, 2020, 01:47:12 PM
Are you kidding me? Logan Paul against Floyd Mayweather? What will Logan do here? Why doesn't he just say yes to a Manny Pacquiao's rematch? It will be a bigger match and bigger money if that's what he wants. We all know who will win here and we all know how will this end, Let the YouTubers do their thing and let the pros do theirs.
344  Economy / Gambling discussion / Re: Japan becomes more friendly towards Gambling on: December 07, 2020, 01:05:24 PM
Well, that is good news. I don't know if that would help the country in terms of Tourism but I don't think it can be a reason for someone to go to Japan as usually most people go there for other reasons like Anime, parks, and relaxation. As far as I know, there are a lot of casinos there but as I've said, I don't know if that would actually help the country or other country as well.
345  Bitcoin / Bitcoin Discussion / Re: Why is bitcoin so unstable? on: December 07, 2020, 11:39:20 AM
Bitcoin is still in its early stage which means there will be more volatility, but with time and wide adoption it will be come more stable.

I disagree. I think the wider the adoption is, the higher the volatility will become. We never know what will happen but I hope that the wide adoption that we are talking about is already starting with Paypal accepting bitcoin. With a lot of users and transactions happening in the future, the price could fluctuate more hence making it more volatile.
346  Bitcoin / Bitcoin Discussion / Re: Why do people avoid bitcoin? on: December 06, 2020, 12:26:17 AM
At my point of view there is only one thing that people are avoiding bitcoin and this is the high price of bitcoin so some people are afraid about it's down rate and losses so people use other currencies and avoid in some point of view.

Well, these people might've already invested in crypto currencies. If there will be a reason for these people to avoid bitcoin, the most popular reason is the fact that they believe that bitcoin is a scam. If they will be seeing the high price of bitcoin, I think it will be a rewson for them to keep watching the price movement to make their investment.
347  Economy / Economics / Re: Why criminals prefer cash (Fiat) on top of crypto? on: December 05, 2020, 12:28:22 PM
It is very difficult to cash out on a large scale, as it attracts the attention of law enforcement agencies, and the criminals always need cash. It is better for us to hide the earned money from the government in cryptocurrency and use only the amount that we need.

How would they notice if these people are taking money on cash and not withdrawing it on the banks? They won't be able to track this cash wherever they go while transactions in bitcoin could be tracked as every transactions happening can be seen in the blockchain.
348  Economy / Economics / Re: 2021 not Looking good on: December 04, 2020, 11:38:21 PM
Really, I think so. Because the year 2020 the year damage all the side of well-being. The pandemic occurs many losses that may never coverable. The year will remember by the following generation because of its demolition. 2021 can't recover this loss. The existence of loss will continue in the long run. This will take a long time to recover and manage the loss.

It is true that this pandemic generated huge losses into every country in this world. Businesses closing down and huge losses with limited number of customers but this is just certain. It is a result of the pandemic, we can't control the pandemic and we should expect these losses. That loss would continue next year not because we can't recover it, but because the effect of pandemic is still here.
349  Economy / Gambling discussion / Re: Mind Blown Gambling Facts on: December 04, 2020, 11:22:42 PM
I am sure not many people can win much money in gambling, especially for that such amount. If he can win that much money, he is a very lucky and gifted gambler because to win small or medium money will need luck and effort, and sometimes we can lose some money before we can win.

Yes, that is possible to win that amount of money, but the probabilities will not too big. The rest will get their loss without a chance to recover their loss or even win a lot of money. But perhaps, a gambler can win for a total of that amount in a year, but to get a big winning will need big luck.

To win several tens of millions of dollars, you don't always need to be a professional gambler. Sometimes it's enough for you to get very lucky once. You can read about the history of winning the jackpot by Cynthia Jay at the Palace Station casino. If you search the Internet for information about such winnings, you will find many similar jackpot wins.

A lot of wins already happened and most of them are not out of experience or skills but out of luck that we can't actually tell since when we bet that money we are just hoping it could win. Although I watched a video about bad luck surrounding lottery winners after they win, it is a video made by the infographic show.
350  Economy / Gambling discussion / Re: Lottery Gambling on: December 04, 2020, 11:14:41 PM
No I don't know this kind of lottery I only know a game called ending which you would predict the last digit of the scores on BasketBall.
But in this type of games there isn't any strategy or tricks that we could use yo maximize the profit or minimise the risk because they are randomly picked.
This kind of lottery is easy to pick the pattern and we never expect the profit on these kind of lotteries. Many games are randomly click on anyone so 100% luck is the pure gambling for all the hunters. May be if we monitor the lottery ticket betting we predict some perfect token. I hope this is the minimize risk and not a maximize profit.

The only thing that would make you win in a game that requires luck is to increase your chances, your probability of winning. And yes, that means buying more cards or entries to win. In a simple lottery, even though you bought a lot of cards, your probability will just increase a little bit, in this game, it would increase higher as there are only a limited number to choose from.
351  Economy / Gambling discussion / Re: How tricky is this? on: December 04, 2020, 11:07:12 PM
For me it is not a trick, it is a result of uncontrollable urge of the gamblers to win huge money. If they can control themselves they would be able to stop slipping that loss unto their hands. They would be able to take home that profit, it is not the bookmakers, it is not the luck that you have since if you would just control yourself there is no problem.
352  Economy / Gambling discussion / Re: Know what bankroll management is in sports betting? on: December 04, 2020, 04:24:09 PM
One of the most popular mistakes we've done in the past.

You already lost when you think of chasing for your losses, you should immediately stop if that became your goal. Our goal is to have fun, to be entertained while we risk our money into these games. I think we can also call that greedy since we are thinking we could take it all back and just take back the time lost with wins.

Well no, our goal should be to make money and have fun at the same time, that's being realistic man as no one would have fun if they lose their money in gambling, coming from me who gambles in different gambling sites and have done a lot of mistakes in gambling already.

Controlling your bankroll is a must, but the goal should be the win.

So true. Even though people are saying that it is just for entertainment, they can't avoid the fact that they are there to win, to earn some money or profit. It is up for us gamblers to control ourselves and the money we are betting. If they will just look at gambling as an entertainment without hoping they could earn money, I guess they could just do other things.
353  Bitcoin / Bitcoin Discussion / Re: Chances of BTC surpassing the value of Fiat Money on: December 04, 2020, 12:08:18 PM
I don't see that from happening as we all know how the government will make some solutions to keep that from happening. I see bitcoin as an alternative and if that ever happens, what currency will we base bitcoin? How can they buy it if they are having a problem with its value that it is in bitcoin?
354  Bitcoin / Bitcoin Discussion / Re: People still don't know about Bitcoin on: December 03, 2020, 11:07:55 PM
I have not come across such a strong ignorance, basically, if you ask people about cryptocurrency, they will answer that they only know Bitcoin. Nobody really knows about altcoins. But I'm sure this will change soon, possibly as early as 2021.

It is not certain that the mindset will change in 2021, as long as there is no education from the community or seminars that discuss cryptocurrency that achievement will never come. If that's all there is I think it will be faster to adapt to learn about bitcoin and altcoins.

It will be a lot faster if there are a lot of platforms or stores that will be using and accepting it. Seminars are not that effective if people are not actually seeing what it can do, and usually people are skeptical to join these kind of seminar as we all know, they think bitcoin as a scam. As more accepts it, the more they will be pushed to use it.
355  Economy / Economics / Re: Is Bitcoin ready for world wide 1 currency? on: December 03, 2020, 01:44:03 PM
It will take a very long time for Bitcoin to become the world wide 1 currency. There are still a lot of country that don't know or believe in Bitcoin.

It will never be a number one in terms of being the national crypto currency but all I know is that it will be a prominent crypto currency when it comes to online transactions and payment method on the internet. The adoption of it would be so huge in the future, we just need to wlbe patient.
356  Economy / Economics / Re: Why Bitcoin is a Massively Underrated Opportunity in Today’s Macroeconomy on: December 03, 2020, 12:29:11 PM
Not all of us would be able to put our money into bitcoin. It is true that bitcoin is underrated but some of them is not actually using it because of the fact that they can't since they have a limited source of funds and they are too busy earning for their family that they don't have enough money for investing or buying bitcoin.
357  Economy / Gambling discussion / Re: NBA 2019-2020 betting on: December 03, 2020, 11:22:46 AM

Fans trust Giannis and so even I. I know his capacity and wanting that someday he'll get the championships. But it's hard to determine who will be the champs this season and likely it's still Lakers. We'll see if there's a new roster that looks explosive.

I doubt that, I am a fan but I already loss my trust to Giannis, Bucks had a two playoffs exit, Giannis can't carry a team so I think he will just consistently win an MVP award in the regular season but will struggle to even enter in the NBA Finals.

I agree on that. Giannis should not even be compared or be rivaled with LBJ since we all know how great LBJ is while Giannis is still young and inconsistent with his games. I am a fan of Giannis and I am looking forward to what he can accomplish or get in the next few years. Still rooting for them.
358  Economy / Gambling discussion / Re: Gambling is an entertainment? on: December 03, 2020, 10:04:06 AM
I think that gambling is an entertainment for me if I don't play with too much money. Because I don't make a living from it and I don't want it too. I just play sometimes for fun and see if I can make some profit.

Keep that in mind and I hope that wouldn't change. There are a lot of gamblers I knew whose addicted now and in the past they are just saying that it is just their past time and we should not think badly about it. They are addcted to gambling and some of them even was caught during the liqour ban here in our province.
359  Economy / Gambling discussion / Re: Know what bankroll management is in sports betting? on: December 02, 2020, 12:34:57 PM
Be positive about gambling, as long as we know what we are doing, we should be okay, even if we lose.
Perfectly said! as long as you are taking full responsibilities and you can absorbed those loses that may take place,
you are good to go and continue your journey to succeed.

That is what we need in gambling, but unfortunately, not many people will realize that. They will lose their responsibility in gambling, especially if they lose their money consecutively. It will make them feel angry, sad, and disappointed, and they want to get their money back. Knowing the bankroll management will help them in any gambling game type, so they can have discipline while they play gambling.

Before managing your bankroll, manage yourself first. Even though you have the plan to manage your finances, if you can't control yourself from gambling you might have a problem not following that plan. Bankroll is not the only thing you should control, yourself too should be controlled.
360  Bitcoin / Bitcoin Discussion / Re: 🛑 Aren't you doing this Mistake too?🛑 When Bitcoin is Payment System ✅ on: December 01, 2020, 11:57:57 PM
Here in our country, we have an online wallet where you could pay in bitcoin and it will be automatically converted into Php. I know that it is not the idea that you are saying but that is where we are right now. Some merchants don't like the idea of accepting volatile crypto currencies, some would love that but the majority isn't in favor and most of that population don't even know what bitcoin is.
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