Latest posts of: OgNasty

The best tip I’ve ever heard when it comes to gambling and I feel could be applied here is this. When you are going to win your bet, bet a lot of money. When you’re going to lose your bet, don’t bet a lot of money. It seems simple, but following this advice will land you with more winnings than losses every time. Just make sure you know what bets will win and what bets will lose and you’re all set.

Kids are going to gamble. You can’t stop it. Kids see things and they want to take part. Gambling is no different. I recall kids in school gambling on things from as early as I can remember. Even games like Pogs were introduced to children that seemingly fueled the urge to gamble. There isn’t much that could be done as it’s easier to gamble than get your hands on alcohol as a kid. Especially with online gambling and crypto now, I don’t see this as an easily tackled problem.

The Bitcoin market is so stable I keep questioning whether or not my price application is working. This is the sort of stabilization we’ve typically seen in the past when in accumulation mode. I believe that’s what is happening here. Plenty of people have decided this price is low enough and are taking advantage to buy the sats that people are offloading out of fear. I’m pretty sure people buying here won’t regret it in a couple years.

USA may have lost but I feel like it could have easily gone the other way. I’m still proud of their performance and think this showed that they’re one of the top teams in the world. Global competition keeps getting more and more even and the US showed that this year alongside other teams upsetting their opponents. I think a World Cup win for the US isn’t too far off in the future.

Quote from: danherbias07 on December 03, 2022, 04:04:46 AM

Quote from: OgNasty on December 02, 2022, 05:30:28 PM

I’m sure it’ll take Middleton a while to get back in the swing of things for the Bucks so maybe the Lakers will take advantage and find themselves another win. You can watch the game in ESPN tonight followed by the Bulls and Warriors.

The Detroit Pistons keep finding ways to win games they shouldn’t while maintaining one of the worst records in the NBA. They’re really screwing up some bets.

And the Lakers did take advantage of it.
Khris Middleton ended with 17 points 3/4 3pt. Not bad stats for his return after a long time.
High scoring game, I missed betting for the over total score, should've expected that as both teams are not playing well in defense. If I remember correctly it was 232.
Anthony Davis, another monster game but now focused on the offensive. 44 points and only 10 rebounds unlike his past games with 15+ rebounds that also ends with a win.

Ya, that was quite an upset but not totally unexpected. LeBron James and Anthony Davis are capable of beating any team on any given night. What was a little more surprising for me tonight was the Houston Rockets beating the Phoenix Suns by a point even though Devon Booker had myself a great night and put up 41 points on 25 shots…

It's possible that Solana can rise from the ashes again. However, it hasn't fully burst into flames yet. FTX is still sitting on a ton of them and I'm sure they'll all be liquidated to try and recover something in their bankruptcy proceedings. Last I heard it was close to 15% of the entire outstanding amount of SOL that FTX will be dumping on the market. I can only imagine that will have an extremely negative effect on the price, perhaps dropping it below a dollar even. There's no reason to be holding SOL right now in my opinion. Wait until the final shoe drops. The risk just doesn't justify the potential reward.

It is a great development. It's only half the battle though. While this will protect the purchasers of BTC who move it off chain, it doesn't stop the exchanges from selling fake paper Bitcoin to their customers. FTX for example, was taking people's money and telling them that they owned BTC, then spending that money on shitcoins to inflate to the moon in order to take loans against them. Sam has even stupidly said that this sort of action is why the BTC price was so high. I think he's an idiot and completely wrong. Had exchanges not been selling fake Bitcoin and steering people's money into shitcoins, Bitcoin likely would have seen a much higher peak in price that was more in line with the 4 year top cycle.

Quote from: jakelyson on December 02, 2022, 11:50:34 PM

Looks like a good slip. The only game I'd be worried about is the Jazz and Pacers. The Pacers have been playing surprisingly well this season for a team lacking in star power. The rest of your games look pretty solid. I might have added in or replaced that game with the Warriors vs Bulls myself, with the Warriors taking home a W and the Suns vs Rockets with the Suns taking home a W. I feel pretty good about the Suns and Cavs taking home wins today, that might also be a good little parlay for the risk averse gamblers. I'm just glad I'll get to watch a few games on ESPN here in a couple minutes.

Quote from: fennic on December 02, 2022, 05:46:25 PM

First of all many members will roast me and will say that where you got such idea, why are you bluffing but this is Bitcoin discussion, so I thought that I should share something.

1) Many Of Small traders always got into the Trap of Whales? Why?
2) There are Always Ponzi Schemes in All Bull runs like 2027 was ICO big Scam
And Now BIG crypto projects Got scammed in 2022 like Terra Luna, FTX, Solana, Serum etc. They are not just coincidence. These are preplanned Scams. And that. Sucks.
3) I think that Big Exchanges that are centralized are Big whales cause they know how much volume they have and how many longs and also Shorts. In this way they can Scam with many many wats. And also that is a small reason that we cannot outsmart Whales 🐋🐳.

The whales aren't always too bright either. Look at Alameda. The "real" whales that are accumulating BTC aren't leaving their funds on exchanges or trading them. They're buying the dip every four years and ignoring everything else. This is what everyone should be doing. The problem is that smaller traders don't want to put in the work and time to build a stash. They want to trade their way to riches quickly, which is why altcoins exist. You don't have to be worried about whales or anything else if you aren't trading or using leverage. Just buy and buy and wait until it's useful. Diversification helps and is important also.

Quote from: virasisog on December 02, 2022, 07:00:06 PM

I've been applying different patterns and strategies in Blackjack but there's no specific way to have a winning streak. It always breaks after two to five winning cards that's the reason why I still consider it luck based game because for me, skilled doesn't really work on it all the time. Maybe for some time but not that often. However, Blackjack is still entertaining and addictive, to be honest.

I think the entertainment factor is the biggest one. All of these games are setup to where the house always wins in the end. Winning streaks are just anomalies which usually don't last too long. I think all of these games are luck based and the only real part where skill comes into play is when to step away with your winnings if you're ever lucky enough to get ahead in the first place. People do enjoy playing though, so bad odds or not, if it's a good time you're going to find somebody doing it, no matter how much it costs them.

While now may be a great time to buy altcoins compared to a year ago, experience says that they can always go lower. Sure, selecting the right coin might make you a ton of money as the market recovers over the coming years, but a majority of the altcoins people are investing in today will be mostly worthless by then. It's a huge gamble with a long time to see the result where you will have many opportunities to be shaken out at a loss. It's not for everybody. I might put a few bucks into some projects I like, like polygon, but nothing I wouldn't worry about losing.

I think the best solution is no KYC, no custody, no accounts period... You should be able to use the blockchain for bets and have everything settled on chain. Double spends took down the only online casino that ever attempted to operate this way (directbet.eu) but it was glorious while it lasted. There was no way to make a deposit so that removed the concern of having your funds stolen in a hack. Everything was viewable on chain so you knew that things were operating as expected and bets were immediately settled. A shame that someone took advantage of double spends to cause the owner to walk away.

I can't imagine paper money just going away... Even when it is removed from circulation it will probably be phased out, but I'm sure there will always be a bank you can take paper to in order to get whatever value is passed around at the time. I imagine there are older folks who will not be able to move to a new system and will rely on cash because that's what they've always used. All that considered, you are already seeing cash use diminish in most countries and I think by 2040 kids won't even see cash in their lifetimes out of collections.

I voted Yes. I think the SBF drama was probably the worst of it for this cycle. We're likely to have a bit of a Christmas melt up here as the market digests and comes to grips with what just happened. The economy is also showing signs that interest rate tightening may be coming to and end, setting the table for the next bull run. As we get closer and closer to the next halving, eyes are going to start looking at potential gains when the block reward gets cut. I think the next couple of months will be mostly stable with a bit of an increase, with corrections when the halving does occur and when mtgox coins are distributed.

I don’t think this is limited to just crypto billionaires. Mysterious things happen to extremely wealthy individuals all the time. Lottery winners for example are some of the most murdered people on the planet. Unfortunately there are a lot of people out there that would do anything for money no matter who they hurt, and billionaires tend to have enough valuables on their person to make life dangerous for them around opportunists.

I would agree that in order to consider yourself a long term holder of Bitcoin you have to hold through at least one 4-year cycle. I’m not talking being in Bitcoin but trading in and out and trying to sell the highs and buy the lows. I’m talking owning Bitcoin that hasn’t moved for 4 years. If you’ve done that, you can consider yourself a long term holder and bear market survivor.

With only one game going on today there isn’t a whole lot of options for bets. Today’s game is the Dallas Mavericks against the Detroit Pistons. You have to go for the Mavericks here right? The Pistons have been surprising people so I don’t feel very safe with this one, but Luka has been playing at an MVP level these days and hopefully tonight is no different, so I’m going with the Mavericks.

Quote from: xzone on December 01, 2022, 01:16:56 PM

Quote from: OgNasty on December 01, 2022, 06:27:19 AM

The Lakers got themselves a nice win over the Damian Lillard-less Portland Trailblazers. LeBron James and Anthony Davis both had big nights.

The Cleveland Cavs got another win over 76ers. They beat them by 28 and have the 5th best record in the league now. Biggest surprise of the season for sure. I thought they’d be tanking for the draft.

I agree with you, the Cleveland Cavaliers are one of the most interesting teams this year. Their performance so far is very good, they have managed to win almost as many games as the Bucks. When we look at the Bucks' roster, we see that there are much better players, but I can't say that there are as many good players in the Cleveland Cavaliers.
This means that it is possible to be one of the best teams in the league without the big star players

Speaking of the Bucks roster, it looks like Khris Middleton will be back in the lineup for them this Friday against the Lakers. It’s been a long time since the Bucks have had their #2 player. It will certainly make them better.

How about DeAndre Ayton lately? He’s playing like a man possessed. Him and Devon Booker put on a show last night being the first Suns teammates to ever score 50 and 30 in the same game!