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4001  Bitcoin / Bitcoin Discussion / Re: Is someone worried about the recent decline of BTC? on: May 23, 2021, 12:41:21 PM
price decline is a common thing, in my opinion people who have been playing bitcoin for a long time will not panic at all, even take it easy, because they believe bitcoin will definitely go up, because many people are already prosperous thanks to crypto,,
bitcoin will get better ''
Indeed, these crypto investors are happy now as they have a chance to reinvest Bitcoin at a lower price. And I assume that they are filling their bags enough to prepare for the next Bullrun and I hope others could make it. Because at this time, I'm not sure if the market will suffer a huge dip just like in the previous bear season, I saw it was a different situation now where more people, more investors are can manage to hold rather than in panic selling.  
4002  Economy / Gambling discussion / Re: What's the motive behind the anti gambling campaign on: May 21, 2021, 02:52:00 PM

Everywhere I look, all I see are negative comments made about money lost gambling. Mental illness associated with gambling and anything that can illustrate gambling in a negative light.

As someone who considers themselves to be a profitable gambler. The trend of covering only the negative side of the industry puzzles me.

Why is there never mention of the winners.



It's because many people are losing money than winning, I don't know the percentage it could be 90% are losing money from gambling, and those who win from gambling there's a possibility that they also lose a lot of money, the good side of gambling is not about making a lot of money but rather having fun and get entertainment, gambling is exciting if there is no pressure from winning money.

What I know is that the gambling industry is a profitable industry, this is called entertainment so it's just normal to see them profitable.

The logic is very simple, when you want entertainment in gambling, you spend, and when you spend that means you lose money and casinos will be the recipient of that.  Don't get confused by our chance, I think 10% of the total number is so high, most gamblers are losers, some are making money but those are the professional, probably 1% only.
4003  Economy / Gambling discussion / Re: 2020 Philippine Basketball Association betting discussion on: May 21, 2021, 02:29:51 PM
https://www.spin.ph/basketball/pba/june-mar-fajardo-joins-san-miguel-practice-in-batangas-city-a795-20210521?ref=home_featured_2

Goods news for all the SMB and Junemar Fajardo fans here because as per article, he is back on practice this early. I thought that his injury is not yet fully healed that they estimated his comeback during the opening of the games next month.

Nevertheless, it so nice to see him back on the court and take back the all Filipino crown from Ginebra.

It's good news indeed, JMF vs Greg vs C. Stand, we will see a good PBA season when these 3 bigs are healthy. Maybe SMB really think Ginebra is a huge threat, they lose last season, not even in the Finals, so surely they want to bounce back and take that trophy again.

My question, do you think JMF would still win the MVP this season?
4004  Economy / Gambling discussion / Re: 2021 NBA Season on: May 21, 2021, 02:11:57 PM
I like the conversation here, I can feel the playoffs already, fans from different teams are giving their honest opinion. You guys rock, I love to see more Suns fans here, it's just Lakers all the time, how about seeing an upset this season?

Wait, can we call that an upset if Suns will win? hmmm.... do you know what it's called guys?

Based on the odds it's called an upset as the Lakers are the favorites to win in the series.
Don't confuse yourself, Lakers are just down in standing but they are still the same team, they will crush this Suns in the series, lol.. just kidding.

Well, I really hope so but I will never underestimate the Suns as this is the first time they are in the playoffs after many season of playing bad basketball.
4005  Alternate cryptocurrencies / Altcoin Discussion / Re: Scenario of the crypto market in near future. on: May 21, 2021, 01:26:37 PM
I see no big difference in the market and to think about in the near future, it is either be up or down. But I was in the confidence that Bitcoin will still be dominating the market, ETH price still high, and as well as BNB. There is a thing that I'm excited to hear is that the ETH gas fee will decrease. I don't think that it is impossible, maybe before this year ended, and able to see a huge change with this matter as it was the most concern of altcoins holders and traders.
4006  Bitcoin / Bitcoin Discussion / Re: Should you buy bitcoin right now? on: May 21, 2021, 06:22:29 AM
Yah I should buy bitcoin I know for sure that in the long run it would be profitable. Anytime bitcoin will rise and so if you have itcoin now and you hold it for quite  ayear I guess it will somehow beneficial specially if its value in the market is high.
I'd ask sometimes to myself why I never invest Bitcoin last 2018-2019 were Bitcoin price is really at its dip situation? It was because we tend not to trust Bitcoin at first until we realized and proves ourselves that it has the potential.

If you invest in Bitcoin now, you should have to ask for your self then if you are really sure about this. Because a lot of people saying I invest and hold but in the later part and when the crisis had come, where they are? they quit and dump their Bitcoin. Too unfortunate to say that not all of us here can manage to take risk, a lot of talks but less action.
4007  Economy / Speculation / Re: How low can the next bear market go? on: May 21, 2021, 05:10:37 AM
I think the market is on a steep decline and could go below 40000$. Elon Musk a billionaire on bitcoin has announced the sale of 1.5 billion bitcoins this has created a strong effect. Bitcoin market declines investors have sold bitcoins to avoid losses. I think it will take quite a while for the market to recover.
Well, it has to say that the short effect of what Elon Musk did is done, we're getting back high now. We're supposed to think that it was the beginning of the bearish season but somehow, people are still quite not affected with the news, instead they keep calm and hold. It is just the sentiment that Elon Musk isn't enough to turn the market down to deep again.

And it brings us another surprised that there is another company buying Bitcoin during the market correction and easily uplift the market price.
And to see for another bear market? It still a wild guess for everyone.
4008  Economy / Gambling discussion / Re: BTC price VS gambling on: May 20, 2021, 10:10:57 PM
Do you think this is the best time to discuss this topic? The value of BTC changes rapidly, down terribly and also recovers quickly. Does this affect your betting? A trader will usually choose safe assets to hide, but what about gamblers like you? Do you want to convert to a safer currency or continue to use BTC for betting? I'm curious to know what you guys do if the price drops drastically  Cheesy

Just don't mind even if the price is volatile as that's the nature of bitcoin.

Think it this way, if bitcoin drop we will lose a bit, but if it will pump, we will get more profit.
In fact this year,  the market is bullish so gamblers get more benefits as they continue to gamble without minding the volatility.
4009  Economy / Gambling discussion / Re: NBA 2020-2021 betting on: May 20, 2021, 09:55:57 PM
It should be a very competitive series all round though, we are likely not going to see multiple 4-0 wins or even any whatsoever.

It would make the series longer and that would be good for betting.
Seeing the Lakers as the underdog, that's a great opportunity for the Lakers fans to bet, and I think we see the volume of money going to the Lakers.

Anyway, we will see the result of the first game against the Suns, if Suns somehow pull a win, then that would be more interesting.
4010  Economy / Speculation / Re: Too late? on: May 20, 2021, 02:52:05 PM
Question for the experts here....

Is it too late to jump on the bitcoin-trend? Im considering investing in miners and potentially buying 1 or 2 bitcoins.
Or should I instead look for cheaper alternatives with similar potential?  Huh Huh Huh
Even you are just new to crypto but you have experience in the stock market, you can surely say that it was LATE, but not TOO late enough to miss everything.
Don't go for mining if you only have enough money to start but rather to choose purely investing as this was more profitable, less risk, and expenses.

Quote
Especially considering it has plummeted after regulators in China announced a clampdown on crypto.
(https://www.ladbible.com/news/news-bitcoin-price-crashes-after-clampdown-on-cryptocurrency-20210519)
That is something be exemptional since we had almost forgotten China's participation in crypto in so many times that they ban crypto/Bitcoin.
4011  Economy / Speculation / Re: Bitcoin price goes down below 40K and how much it may go down? on: May 20, 2021, 02:23:03 PM
I think the only thing that we can do right now is to watch it go down and see how things will go, it is difficult to predict how deep will the dump go down because bitcoin is known to prove predictions wrong plus this is a different market movement from 2018 so we just hope that when it goes down, it will go back up higher than its ATH.

I can't remember ever having such high volatility in the market before. The price of bitcoin lost 35% and during the day was followed by a pump of the coin by 40%. It is obvious that we see the completion of the correction of BTC, and with it the entire cryptocurrency market.
Maybe we just have a short bearish time, the market correction has been just a while that makes seeing now that Bitcoin is moving back high again. We're now at $41k plus, I really don't know what really happens and the cause of this pump but it was a huge rally that happens in the crypto.

And we are wrong, definitely wrong thinking that we gonna reach back to where it started. Many were waiting for the dip but somehow, it looks we are missing it as the market recovers faster than the decline. The road to $50k? well, it may be...
4012  Alternate cryptocurrencies / Altcoin Discussion / Re: Why complain about the dump when the market warned you???? on: May 20, 2021, 04:32:59 AM
Okay, then lets us ignore these people, but to know that they will find the answers later and make them realize that they don't need to do it. As I believe that these people who keep complaining are those weak hands investors, as they don't clearly understand what is volatility the hardly they will know about Bitcoin.

So these people are helping the market to make more risky and volatile. As they were still investing crypto and keep asking why and why, the more we got notified and it adds more adoption as many people will come due to curiosity.
4013  Economy / Gambling discussion / Re: Manny Pacquiao offered $10 million to fight Terence Crawford on: May 19, 2021, 09:19:48 PM
I agree! this promoters also spend money to bring those unknown fighters and give them names, it's his right to earned from his investment right?

Now that those well known fighters already earned much and they are capable in paying the contracts it's their right or it's on their decisions whether to pay and go out or continue to work with those known promoters.

Bob Arum is not the only one for sure, there are lots of people inside sports communities who also make this thing for a living.

I would say that breaking a contract is very unethical in any field. Now the athletes may offer some monetary compensation in return, but still it leaves a bad taste on everyone. If the contract is signed for a specific period of time, then my opinion is that the athletes should abide by the terms and conditions for that duration which is marked out. Everyone is aware of the terms when they sign the contract, and there is no point in complaining later that some of the conditions are too exploitative.

Definitely, because the contract is binding a fighter and bob and the contract should be followed as long as it's legal. We can understand why some boxers want to go out to be at their comfort and Bob already understands that he is a businessman, he always aims for profit and he is smarter than his boxers.

Human nature, we will never be satisfied, we always aim for bigger success.
4014  Economy / Gambling discussion / Re: 2021 NBA Season on: May 19, 2021, 09:05:12 PM
It's slim. If Steph could heat up early in the game then a chance may open.
Put a big deficit on the scoreboard and just maintain it. Rest Curry, Green, and Wiggins while the 2nd team will try to stop every possession and waste time.
Because that's their problem against the Lakers team. Back up.
Curry is the kind of player who gets exhausted easily with the set-up play made for him. He keeps on running without the ball, screen, and it's like everything rotates on him.
The Lakers' only key to winning the game is to stop that.
I don't know about slim.  I do think lakers will win, but no way golden state lays down in this one.  Should be some good fireworks tonight.  Think steph drops 40 and makes a good run at it but in the end Lakers have too many pieces for steph to deal with.  Wish we could see a GS team against the Lakers with klay playing.  Shame, hope he returns to some form of his old self
I wouldn't say slim neither, I would say Warriors is a good team that has a very good chance to forcing another game, it is not going to be easy. I would put Lakers beyond Warriors and I would say that favorites are clearly Lakers there is no doubt about that but I would put any team Lebron on versus any other team as the clear favorites so that is not a shocking thing for me to say.

However this is not as wild as people claim to be, there are places that gives Warriors 2.80 odds, I would have to say Warriors are not favorites that's known, and it is not tied neither, but it is not 2.80 odds neither. I gambled a bit on 2.70 before it went up a bit more, and I think that is a good bet, I know there is a good chance I will lose but I couldn't pass up a chance to bet on such good odds for Warriors. I also have 255.5+ on over as well, I really hope for a bunch of points and nobody missing anything Cheesy.

I actually think this will be a low scoring game.  I don't think the Lakers want to run.  They will want to force a deliberate half court game where they can play d on steph.  If it's run and gun steph will find his spots all game.  I'd say 108-101 lakers win this close one and extend the lead at the end with free throws.  (Now it's guaranteed gs will win 150-145  Grin)

Most probably because a high-scoring game would favor the Warriors here, their 3 point shooting is something that the Lakers should stop, otherwise, we might sees some upset here. It's hard to bet on the point spread but I like the under of this game as that's likely the result of this game.
4015  Bitcoin / Bitcoin Discussion / Re: Should you buy bitcoin right now? on: May 19, 2021, 02:13:17 PM
it's too late to buy Bitcoin. Its value is increasing day by day.We should have bought it couple of years ago. In 2025 people will say it again, it's too late now. It us said that the future economy will depend on bitcoin.
Maybe it is a need for you to take a look first at the market situation and you can find out that we are already declining. If we buy now, we are just taking at high risk as it possible that it drops more.

I think the good idea is to wait until the market had to settle down and seeing the market started to recovers back. We're not going to rush and invest in the market along with the current trend. We have to observe first before we make decisions, this could be the safest thing to do rather than rushing on the market.
4016  Economy / Trading Discussion / Re: any opinions about the recent btc price crash? on: May 19, 2021, 01:49:44 PM
I think negative news has a huge effect regarding this bitcoin price dropped. Many bitcoin holders sell their bitcoin for profit and the demand is not huge enough to maintain the higher value of bitcoin. But I believe it will not last long because whales are waiting to buy in a dip.
It's not just the negative news but also the current decisions of different entities that contribute to the increase in the prices, Tesla suspending the payment of bitcoin for their cars and China banning crypto altogether are just one of the most notable decisions that are causing the prices to go down.
Maybe we could say that it really has a devastating effect on the market but I never think this having a long-term effect on the market. Tesla suspends BTC payment, China is also banning crypto but there still a lot of business entities and countries supporting crypto which could help the market to recover shortly.
I'm looking forward to seeing the price of Bitcoin will not able to drop below $30k.
4017  Economy / Trading Discussion / Re: what are you investment strategy on: May 19, 2021, 06:32:13 AM
i have tried trading and discovered that i loose my self whenever the market make huge moves . i sold quite early at any bull market and dump at any instant of the bear market. i find it difficult to control my emotions.
This is normal, it always happen. The market is volatile so prediction will not be that accurate as always.
I find it hard to believe people making videos about their success. It's possible they just input the good sides of their trades and not the losing part to invite more customers buying their trading skills.

So you became a lender and investor now. It's way different and maybe even profitable than trading with lower risk.
I'll stay with that if you think that is home for you instead of forcing your way and making more errors in trading.
But then, if we can't see any improvement to our trading, leaving is the next step to do rather than to keep losing. This means that OP (and many others) are not destined to become a trader and we don't need to push ourselves knowing that it can be possible.

There are a lot of opportunities around, if not it works in trading (or in crypto), we can find it in some other way, another place. Only we need to do is to have a plan to gives us direction and step by step we are able to achieve that sooner.
4018  Economy / Gambling discussion / Re: 2021 NBA Season on: May 19, 2021, 01:45:59 AM
Lebron was down 3-1 against a 73 win warriors and still managed to win the championship with bunch of scrabs that became tanking team after he left, I do not get how in the world people are still underestimating lebron after all these years, it is seriously unbelievable.

It's not about people are underestimating him but they are just concerned because of the injuries that hit Lebron James.

Did you see how he played after getting back to 20 games absence? You should notice already the changes then another injury hit him again. That win behind 1-3 to Golden State Warriors in the 2016 finals is played by a healthy Lebron. Lebron might not be seen being slow down for many years but the injury he got this season is slowly seeing an effect on his body. Lebron James is already 36 years old. His explosiveness is expected not to be the same during that 2016 finals.

And in the end, why only Lebron? Los Angeles Lakers, if won a championship, will be because of all-team performance.

Lebron is very significant on the success of the Lakers that's why people are only talking about him. Lakers obviously rely on Lebron, without him, Lakers are just an ordinary team that can be beaten by any team, even the worst team in the NBA, so it's understandable why people always talk on Lebron and the Lakers.
4019  Economy / Gambling discussion / Re: [Boxing]: Arbitration judge orders Fury vs Wilder 3rd fight on: May 19, 2021, 01:21:09 AM
There's no problem with this, after the Fury vs Joshua fight,  Fury can give this a chance, it's up to him, if he will not fight, that means he will break the contract and he will pay a monetary amount for that, it's up to him.
4020  Alternate cryptocurrencies / Speculation (Altcoins) / Re: ETH is falling fast right now. At what point do you get out? on: May 18, 2021, 11:48:17 PM
If you bought it during the hype, that seems to be worrying and can't really feel good. I'm not sure if holding still a good idea, as the 2017 tragic dump seems to be a hint for us to make a sell rather than keeping it in your wallet.

What I mean is that is to think wisely, selling it now could be the best option (for me). In fact, we can buy it again if we want to. What makes it important is to save our funds as it was more regretable when we miss this thing just like we did last bullish season.
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