Its worth watching for entertainment purposes, its not going to be a professional sporting match. I'd rather have Tyson interviewed on the earliest part of his career when he got very lucky with his trainer who has passed away for decades now. Tyson knows some of the history behind his whole boxing stance and style, he has live knowledge to part of the sport going back decades, he is living history. Maybe he cant train others like he was taught because that's not his way but someone skilled could get a very good interview from him about all the events across his life and that should be done for historic record. This boxing match in comparison wont matter all, its not unique its just like watching them train is how I'd view it.
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The only not legit video is when or if a player operated the game with fake odds ongoing and they were given an advantage not available to all players. Its not enough to call out just because yes the casino paid the streamer to play a game, demonstrating a product is normal in every industry I can think of. Did he win and lose the game in a way available publicly to everyone, thats fine then. You can bet tiny amounts on most of these games, nobody is forcing people to use more money then they can afford to lose. Dont borrow money to spend on anything, definitely dont do that in gambling as it is just a game activity. I've seen no message to tell me I have to overspend, this is my own mistake to own I play small till Im very much more comfortable as thats best.
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Most of the month has been bullish, it had a strong trend not often seen and that matched the ETF news. That news is now here and its back to reality and actual supply demand flows rather then speculative buys ahead of news like that, its common for some kind of drop back to occur. Now we have to observe the rate of the pullback from the new high and the support in the price action that would indicate how we progress to close the month. The most obvious answer to me is we go sideways and consolidate our price gains. That could be as high as 59k area or the low 50's depending how many more buyers meet those cashing out their month gains.
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Simply tracking moving averages will tell the majority of sentiment in markets. Right now we have rising 50 and 200 day averages, mostly BTC is bullish across the year, Near term we do have a fairly significant pullback indicated by weekly average being negative, with the latest prices forming a ceiling matching the 2 day average. When it trends up sentiment is generally good, across all time frames this would be the most positive pattern to observe. Alt coins expanding some relate to future failure in value as most alternate blockchains cannot easily justify value longer term but that whole subject of debate is a different part of the forum to discuss.
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The two are not in line with each other, crypto and bank are decentralized and banks rely on national entities with enforced costs to money via fixed interest rates. To say crypto requires banks would be to have the whole system require politics for funding and survival. If you want to interface crypto to FIAT trading then its going to involve banks within that exchange but the larger hope is crypto doesnt lean on dollars for an idea of value.
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I always go for the underdog if I can but there has to be sufficient excuse to do so or its throwing money away. Underdog bet in some ways can be less risky because any team or bet can lose and underdog requires only small bet placed due to the high odds. People chase names, there is always value in considering the unpopular option some, also consider handicap bets imo
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Best of five ESL finals match no-org vs Order, normally I'd guess it goes the distance but the bet for maps seems to be for the full 5 to be played which is alot of matches all in a row. I think both teams will be motivated but for once I'd guess the game is not close enough for every map to play out. Each team is listed as having its best and worst maps at polar opposites, no org winning Nuke in the majority is probably more significant overall.
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Problem with inflation in domestic currency is people are forced to use it regardless and take losses from doing so. It does mean people are less likely to retain any but as no bill is fixed or completely known it also a certain loss people must take. Also inflation often means wages do not keep up with the constant failure in value and overall an entire population of people being poorer means lower GDP and less purchasing power. Its good we have modern alternatives but I dont think BTC can cure all ills, its going to require alot more development and ease of use to keep raising in participation. Part of higher BTC price is just that value of the dollar its measured in has consistent expectations lower, nominal price can rise and value falls.
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It would have been been a better bet to lay down for odds this will never happen. It would have been profitable vs now people can believe it might because of the recent trend. It would appear more of a massacre then a fight if done serious but it wont be, its just showbiz not sport. Even accidentally there has to be a large danger Tyson wins, I'd only bet on a draw going off previous matches.
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Better then Martingale and forcing a result near term, it would make more sense to me to take that a winner will occur daily and if you give yourself a chance daily to play and win its about fair chance as its going to get. Plus you can collect tickets daily and that gives some house advantage back as said above, they want regular players. The higher BTC price forcing lower spin rewards is why I prefer a slow market rather then rapid gains which are going to force alterations like that. If we had stayed in the 30k area longer it would have made me better off for sure and I still would have had no doubt year to year it would gain. The price forces volatility and pressure when it alters altitude faster then normal, unfortunately its not a one off effect.
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I dont think it'll stay that high without alot of tests and volume put in. Theres always some selling pressure of some kind, people want to realize profits and that occurs any time they think more immediate gains wont happen. There are layers of holders of different kinds, it has to be assumed that many buyers will also sell within months at most, depending on sentiment and outlook in the market. Its almost always the case that the market will deal with negatives and pullback to some area that is rebought by speculators in the next cycle. I think that could be the 50 day average which is about 50k now, it formed the lower prices in the spring bullish action but is quite separated at present.
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The OCT price action rising so consistently is coming after we release from a multi month down trend, progress is far easier at that point. If any consensus is found in a pattern and speculators who might normally choose to short but swear off any negative take then we rise far more then normal. The most powerful thing is always consensus, its never the whales or large entities its the breadth of the market in agreement and the difference in how much we can rise then is very noticeable.
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FOMO is a dangerous word because water with bubbles in it alters its buoyancy and its easier to sink in such circumstances. It froths up and we can come back down also, thats whats occurred but not a great negative so far. We can get support from this years standard top prices, if not 59k area or so then recently we went sideways at about 57k or so and we should observe how it holds these areas. We are below weekly average now so consider price action as negative till it proves better.
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Its not impossible, thats taking it too far over what is more likely meant; an automatic profit wont occur in that scenario but you can still get lucky. The 280 spins giving 5 golden tickets would be way above average luck Im pretty sure. I have spins saved up a bit, just wondering if we continue to adjust into month end or possibly resume the pattern to get 70k or better. Its below my arbitrary target low for a brief correction & closing the day there so I presume we do a bit of a tumble for near term but its probably only over the ground we just recently covered anyway.
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This present pullback so far is nothing much but I'm waiting to see if daily bars matter or not for it to develop negatively. So about 62.5k area was my previous guess for a good test area to support where price action could then go back up. See if losing a positive pattern on daily bars would matter and also the momentum of the weekly average. I expect any proper down move to require multiple confirmations and this is just a first test, wont be worrying everyone.
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Its been trending up above the 12hr average for a couple days now which is very rapid gains. Its sitting on that now but it would seem possible it sets some new pricing in the 70k range before month end. It doesnt have to keep going up but so far theres nothing to doubt it so assume its going to be positive trending price until broken and substantially altered otherwise.
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Frothy price action should come with more volume I'd have thought but maybe it doesnt show on every exchange because we have new avenues to buy with. The BTC price has been rising the whole month, if it stays on that pattern it should clear above 70k by month end. I'm just watching it holds 62.6k as a low in order there is no great challenge to that progress.
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The Rolex was always rare but I thought the higher BTC price was already accounted for in the nominal adjustments to rewards. I guess BTC on a strong path upwards causes more strain then just that or FBC would not alter the odds. Its probably not the only business where higher BTC worth will have some feedback to operation of using BTC as a currency, a constantly rising BTC price is volatility which is usually a cost to business.
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I wouldnt advise anyone to hold just one thing but he has a clear plan and hasnt altered from that, people can always manage their own risks also. No plain retail investor is allowed to deal with him anyway I guess, you have to be rich enough to be buried in money already. It might be his company that created this uptrend, we seem to have regained that positive pattern and its best not to doubt it until properly proven as over on weekly bars. Seems like BTC just keeps drifting up, there is chance of some upset from rates rising but I got no doubt the central banks cant be relied on to reverse much of the easy money policy they have already instigated.
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Impossible to say when its trending up above the 2 day average so consistently. The best thing to do is not fight the trend along the way but wait until its definitely no longer in play, so far price has been resolving upwards every time.
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