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4761  Economy / Speculation / Re: Can Bitcoin (BTC) Crash To $13K After The Fed Rate Hike? on: July 01, 2022, 09:02:18 AM
Bitcoin was created to be deflationary, so any increase in the inflation rate of fiat should naturally make people adopt Bitcoin more. If it's not happening according to the design of bitcoin we might as well believe the Feds news didn't have an effect on bitcoin whatsoever.

With what is going on, we can see bitcoin is still not out of the game. Bitcoin is one of the asset classes that is rated as a risk asset so I believe it will be greatly affected by the Fed, every time interest rates increase, assets like bitcoin and stocks move in the direction of the trending decrease rather than increase.
Bitcoin was created with a maximum supply as a hedge against inflation but that is not really possible right now because of the volatility and risk it brings.

Even stocks will be affected by any news of a Fed rate hike not just crypto. It's that the crypto market is so volatile that it will react more pronounce as this is not regulated, there could be sellers, manipulators who are trying to take advantage of the news and then speculators and investors filling up their bags.

So it's just a matter of time what numbers we will fall if there is a new fed rate hike. But always remember that bitcoin can bounce back from all of this and we are far from being out of the game.
4762  Economy / Economics / Re: You win or you learn. on: July 01, 2022, 08:32:30 AM
we also can not only depend on the theory that is taught when we are in the learning stage, be it at school or college, because still theory will not work properly if it is not accompanied by good application and of course experience too. take effect.

you're right, that's why many go with the word that says experience is the perfect teacher, and is one of the easiest ways to knowledge acquisition, no matter how rich and educated a child is, he can never have the live experience of a grown up adult.
Teaching about theory is very good but theory alone is not enough to live life and when in Crypto learning theory is also very important, therefore many people say it is important to continue to study in terms of momentum, market movement candles etc. But Theory alone will not have much effect because as said before because Theory sometimes will not run perfectly and sometimes there are some situations where we have to do things outside of Theory and here is the experience that determines.
We cannot be completely sure of either Theory and Experience because it is best to do both in balance.

True, not just in any investing, the from the start that we went to school and learn things, it's all theory and until we go out and practice it, we will never know.

I guess that's one part and parcel of life, we need to experience everything before we know how to react to it. And talking about crypto, those who have seen the lows or bearish cycle in 2018 should have learn their lessons already and know what to do right now. We keep preaching on others to invest, because that's what we should have done in 2018, but instead we didn't so we don't want to make the same mistakes again this bear market 2022.
4763  Economy / Gambling discussion / Re: [Boxing] Canelo vs Golovkin 3 (September 17) on: July 01, 2022, 07:54:39 AM
Looking at the current odds:

ML
Alvarez - 1.21
GGG - 3.95

So that is a huge disparity as far as the odds goes and they seems to really favoring Alvarez here. Maybe the age factor is what this bookies are looking at, GGG just won his last fight, while Canelo lost to Bivol. I think it's a great odds for GGG supporters this early as it is very attractive.

I've already anticipated this scenario that Canelo Alvarez will be listed as the favorite one to win while GGG will be the underdog but what I didn't expected was the gap of their odds because GGG has won his last fight against Murata while Canelo has been defeated against Bivol in his last fight. GGG's odds are attractive though but I can't be that sure that he will win, frankly.

LOL.. those odds are eerily similar to the ones we had for the Canelo vs Bivol fight. And we know how it turned out.

Yep, but during that time, there was a lot of doubts on Bivol and bettors think that Canelo wouldn't lose. Can history repeat itself here?

Apart from the chance of winning, the number of bets being placed on either side will also determine the odds. For example, during the Pacquiao vs Thurman fight, the latter had better odds earlier on. But then Pacman fans started placing their bets in the millions, the sportsbooks were forced to change their odds in favor of Pacquiao. In this case, Canelo's odds may be better than what they are in reality, because of the huge number of bets being placed by his supporters.

It's based on demographics as you have explain it, both have huge fan based, Canelo on US and then GGG in Europe. And I think this will remain still, bets on both sides can't offset it anymore.
4764  Economy / Gambling discussion / Re: 2023 NBA Season on: June 30, 2022, 11:58:28 PM
According to twitter KD has officially requested a trade from the Nets. They are saying this brings new life to the Kyrie to the Lakers rumors. I’ve gotta say, as far as drama goes the Nets have had things on lock. Hard to believe that Ben Simmons has been the drama free guy this off-season for them. People are saying KD to the Suns and Kyrie to the Lakers, but I sort of doubt either. I can’t imagine KD doing more ring chasing at this point in his career, but you never know…

Lots of smoke on the KD to the Suns trade, Ayton+Bridges + 1 or 2 future draft picks? well that's what has been circulating. So KD+Booker might be good, but KD+CP3? hmm, that ego in the locker room will be so huge, hehehe

I think KD is doing one more ring chase, needs another one to make it 3 for him. However, the question though, is he a bus rider or the bus driver?

anyone talk about this trade?  Spurs trade Dejounte Murray to Hawks for Danilo Gallinari, 3 first-rounders.

Quote
Hawks receive:

• Dejounte Murray
• Jock Landale

Spurs receive:

• Danilo Gallinari
• 2023 first-round pick (via Charlotte from New York, protected)
• 2025 first-round pick
• 2026 pick swap
• 2027 first-round pick

Who won in this trade?
4765  Economy / Gambling discussion / Re: Boxing Speculation, Odds and Predictions on: June 30, 2022, 11:30:11 PM
There's no doubt he is the best fighter now in the bantamweight division, and I don't think he will have a hard time beating Butler if both will agree to unify their belts. I'm already seeing a massive favorite on the side of Inoue as Butler although a champion is not ranked at the top compared to Inoue who is a pound for pound fighter.

Butler's record isn't impressive, with 2 losses and less than 50% KO victory.  And I think Butlers also suffered a KO on his 2 losses so I don't think he is tougher than any opponent Inoue has met.  Butler was floored by Zolani Tete on the eight-round when he was hit by two consecutive left uppercuts.[1]  So it is highly likely that Butler will kiss the canvas if these two fighters meet in the boxing ring.

Speaking of Zolani Tete, he will have a fight against another British fighter, Jason Cunningham in an undercard of Joyce vs Hammer. The fight will be contested on 122 lbs, we all know that Casimero knock out Tete to get the WBO belt.

https://www.dazn.com/en-PH/news/boxing/jason-cunningham-vs-zolani-tete-date-fight-time-tv-channel-and-live-stream/1n7o9m3w9jgn31n7msgues080a

News of retirement,  Hanging up the gloves: Former boxing champion Mikey Garcia retires . I would say Mikey's career is good, not that great but he accomplished a lot in his career, champions as 126,130,135,140 lbs, storied career.

4766  Economy / Gambling discussion / Re: [Boxing] Canelo vs Golovkin 3 (September 17) on: June 30, 2022, 10:59:19 PM
Looking at the current odds:

ML
Alvarez - 1.21
GGG - 3.95

So that is a huge disparity as far as the odds goes and they seems to really favoring Alvarez here. Maybe the age factor is what this bookies are looking at, GGG just won his last fight, while Canelo lost to Bivol. I think it's a great odds for GGG supporters this early as it is very attractive.

What a gap but I'm in favor of that. I like to put a fair amount on GGG regardless of both boxers' status. I think it's just fine to place a bet for him knowing that the trilogy might be his last fight, win or loss. GGG will put everything into that fight as that might be the last time he will fight seriously in a big match. Yes, I will bet against most analysis speculation as they favored Canelo here to win the match.

Yes, a fair amount of bet will do, and if ever we lost on our bet, then it might not hurt us. And who knows, for me GGG can still fight and there is a slim chance that he might pull an 'upset'.

Might be late for the trilogy as GGG is no excuse for age gap disadvantages but I'm sure, like what he did in their 2 previous fight, GGG will be able again to put Canelo on his limits. The latter is surely still under the effect of stressful loss against Bivol. Hard to regain confidence on that as that was a bad loss despite being a heavy favorite in that match.

It's because they think that GGG has lost a step or two, although he won against Murata, he came from a layoff that's why it took him some time to adjust in that fight but eventually win although he took some punishment in that 40 year old body. GGG is one of those boxers that really push Canelo  and almost 'got the win'.
4767  Economy / Gambling discussion / Re: Boxing Speculation, Odds and Predictions on: June 30, 2022, 10:06:21 AM
We may have a great fight on July 30 on Showtime,

Danny Garcia vs Jose Benavidez at 154 lbs.

For sure some of you might be familiar with the name Danny Garcia as he was once a 147 lbs champions. But he lost to some of the best welterweight that time, Spence, Thurman and Porter. Now he decided to move up to 154 lbs and challenge one of the most dangerous fighter in that division. Years ago Benavidez put a good fight against Crawford.

This could be one underrated fight this July. I will admit that I'm a fan of Danny Garcia during his prime I said this because I think he doesn't have it and he is really a B fighter, because when he step with the big guns at 147 lbs he losses, but he possesses one of the best left hook that I have seen. And then Jose Benavidez could still have the power at 154 lbs. Not sure though why he is not rated at any organizations at this weight class. But definitely, this is going to be a good clash of styles as well, but I will favor Benavidez maybe by a decision.

Yes, he is one of the best during his prime, but I think he still have some good fight in his bag. This is going to be a close fight against Benavidez. Experience wise I will favor Garcia, but not sure if he can carry his left at this division, but will be 50/50 in terms of power. So the fight might go to distance and it's going to be close, so I wouldn't be surprised if Garcia somewhat pulled a win here.
4768  Economy / Gambling discussion / Re: Had you ever x10,000? on: June 30, 2022, 09:22:57 AM
No luck for me, been using CLAM as well for some of my gambling and yet I was not lucky as yours, so congrats. I think it's not that bad though, 20k spins? others have tried 50k or even 100k spins and yet this x10,000 was not within their reach. And even myself have tried that many years ago on several well known dice sites. So the feeling is great hitting this huge odds.
4769  Economy / Gambling discussion / Re: 2023 NBA Season on: June 30, 2022, 08:00:47 AM
~snip~
Jordan poole and Andrew Wiggins is a good tandem for the warriors even though they don't have curry and Thompson in the floor but still they have a good defender and also scorer which is Wiggins can scored will and poole will help him. Of this lineup are still next season for sure a big chance of winning are there. If they want to stay in the warriors as long as they give their best on every match for sure that they can stay on the team when ever they want to stay.
It's not them to decide if they want to stay with the Warriors.

But it's the Warriors management to decide and it has been decided that they'll stay because it's said that they'll get a priority of staying and the management will spent a lot for them to stay.

That's why most of us are excited to see how they'll do with the next season because we'll still see Wiggins and Poole with Steph, Klay and Dray.

But their performance is worthy to look at if the Warriors management wanted them to stay or not.

However, the argument that they will spend way too much just for their big 5 might bite them later. Because there are still things like injuries that could really affect their performance. Hard decision, but hopefully, if Wiggins and Poole are willing to have a pay cut just to stay in the team and then make a run again, then much better. But still up to them, for sure other teams might offer them a better pay.
4770  Economy / Gambling discussion / Re: 2020 Philippine Basketball Association betting discussion on: June 30, 2022, 07:26:37 AM
Who's to blame that PBA is not balanced? Is it because of the dominance of SMC teams? MVP teams? I do not agree with that.

The problem is, that other teams are not even doing their best to become better teams. It's because of the inability to provide competitive salaries. CJ Perez, Terence Romeo, Matt-Ganuellas Rosser, Christian Standhardinger any other players that come from the bottom team, find good salaries at SMC or MVP teams. We can't blame these companies if they afford to offer a good contract to these players.

Players are for career enhancement. "PUSO" and loyalty are not applicable to most players as the goal is to make money out of their profession as that also serves as their source of income. Not all the time they can play basketball so as much as possible if there's an offer coming from big companies, they will consider accepting it right away.

I think even in NBA, teams that do not offer competitive salaries might not even land in a good position. And it just so happen that SMB is dominating because they pay good salary. I think for it to be competitive, other teams should spend a good amount and then have a good coaching staff, in short it should be a holistic approach in the game. And this what separates great teams from others.
4771  Economy / Gambling discussion / Re: [Boxing] Canelo vs Golovkin 3 (September 17) on: June 30, 2022, 06:31:57 AM
Speaking of Canelo, his former friend, Ryan Garcia say something along this line.

Quote
Garcia recently reignited Alvarez’s ire when he predicted Gennadiy Golovkin would beat Alvarez when the two meet in their trilogy fight on Sept. 17 on DAZN PPV at the T-Mobile Arena in Las Vegas.

But then Canelo fired back, saying,

Quote
"He's just mad for something – he's no longer in the team. He's always going to be versus us no matter what. But he's a little kid. You need to understand him. He needs to learn a lot of things. My advice for him is to do your job, focus on your career, win a world championship first, then talk about other people because you've accomplished nothing and you start talking about fighters who've accomplished a lot. When I was 20-year-old I was a world champion,”

“You can call out everybody and say and talk and everything but at the end of the day, you are doing nothing. It is what is. We need to understand him now that he's no longer with the Canelo team. He's going to talk mad sh!t about us. It's fine. But he needs to remember how much Eddy did for him. A lot of things. He and his father still owe money to Eddy and Eddy doesn't say anything because he doesn't need it. It's not fair that he's talking sh!t about everything in the camp. He came to my gym and we showed him love and support. He then goes and says anything. He's not grateful. When a person is ungrateful, it's the worst thing.”

Sooner or later though Garcia will have to tell something bad against Canelo and Reynoso. I guess Garcia promoting is fight is good to have Canelo's name, hehehe.

But Canelo says that he is still going to support Garcia, but some parting words, hehehe.

Quote
“I don't really think so [that Garcia can beat Davis].

https://www.boxingscene.com/canelo-blasts-ryan-garcia-hes-ungrateful-accomplished-nothing-owes-reynoso-money-wont-beat-tank--167313
4772  Economy / Gambling discussion / Re: [Boxing] Canelo vs Golovkin 3 (September 17) on: June 29, 2022, 11:59:10 PM
Looking at the current odds:

ML
Alvarez - 1.21
GGG - 3.95

So that is a huge disparity as far as the odds goes and they seems to really favoring Alvarez here. Maybe the age factor is what this bookies are looking at, GGG just won his last fight, while Canelo lost to Bivol. I think it's a great odds for GGG supporters this early as it is very attractive.
4773  Alternate cryptocurrencies / Altcoin Discussion / Re: Need help and advice about crypto investment on: June 29, 2022, 11:39:31 PM
Guys, has anyone heard smth about Intelfin Group companies? I read the reviews, it seems fine. They work with crypto. The yield is around 13% per month. Their plans seem to be serious. They even do co-financing. I'm lost whether to try or not. I 'd be grateful for any info. Here's the firm’s link: https://intelfin.io/

I'm sorry to burst the bubble for you, but this sounds to be a scam, 13% per month? no one can give you that huge return, believed. This is what we call "too good to be true" offer that most inexperienced crypto investors get themselves.

So my best advise for you is to stay away from this kind of scam, don't put your money into it. Why don't you just learn trading though? There are tons of resources in this community, you just have to do your search and dig. There is no shortcut there, everyone needs to work this ass to make a lot of money, if that is what you are looking at here in crypto.
4774  Economy / Gambling discussion / Re: [Boxing] Mark Magsayo vs Rey Vargas WBC Featherweight Title (July 9) on: June 29, 2022, 11:06:16 PM
So that's how quickly the odds are changing in this fight. And I'm thinking there could be changes here, maybe Magsayo will become the favorite after all as money are going to pour on his side.

But then again, let's look for more betting options as others suggested, specially Magssayo by KO or what rounds is he going to get the KO.

Update: Magsayo - 1.90, Vargas - 1.80
4775  Economy / Gambling discussion / Re: [Boxing]: Ryan Garcia vs Javier Fortuna - July 19 on: June 29, 2022, 10:36:36 PM
^ Maybe that's a mistake on Fortuna side to bad mouth Garcia using his "mental" state issues. Fortuna claim that Garcia duck him in their first fight and hide on the reason of that.

Quote
“He’s talking a lot of trash to me, saying that I made an excuse with my mental health, that it wasn’t real, that I was a coward for it, and I’m a duck, I just want to avoid him. Well, I believe when he’s in that ring with me that he’ll find out real soon that ‘oh, there’s nothing scared about this guy.’”

https://www.badlefthook.com/2022/6/23/23179821/ryan-garcia-warns-javier-fortuna-not-quit-next-fight-dazn-boxing-news-2022

So this might be something personal for Garcia now that Fortuna touch a sensitive topic about Garcia and then make fun of it.

Well, that sounds pretty interesting to me. I'd like to see Garcia so fired up especially now that he got more reasons to end the fight with an impressive results unlike what he got last time against Tagoe. Garcia just needed some extra push to get him back on track and unfortunately, Fortuna is the one who gave him that extra push he needed and that will make him regret soon. I just hope that Garcia can really back his words.

He is always fired up, just see how he goes on Tank during his fight against Romero. He even goes as far as to talk to Leonard Ellerbe of Mayweather promotions and ask for a fight with Davis. So we will see in his second fight coming if he is on track or not. So he better perform above against Fortuna, show us his power and should win by knockout.
4776  Bitcoin / Bitcoin Discussion / Re: The unpredicted rise of BTC in 2022-2023 despite predicted bear market on: June 29, 2022, 11:05:52 AM
Usually the end of the bear market is somewhat after the bitcoin block halving. So it will happen if I'm not mistaken on block 840,000. So that will be around April-May 2024, most likely give or take some months, then we will see some recovery. So bull cycle might start around that timeframe 2024 and not 2025.

Not sure what you mean by this.

Quote
But this 4-year cycle theory may not consider the rise of a) interest in digital assets, b) possible metavesre market spread, c) the rise of productive capacity due to digitilized world and so - the interest in digital sector of economy

Still rise base on the basic tenant of supply and demand.
4777  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: The new bounty stopped coming? on: June 29, 2022, 09:14:37 AM
Many may wonder why the new bounty has stopped coming in. I think the current state of the market and the collapse of the BTC have reduced prices by about two-thirds.  So no one is going to bring any new project in the field with risk because not only BTC or BTC but also BNB and Ether have come down in price.  No and the boundary is not new so you wait for the new one to come forward if it becomes normal as before hopefully it will become normal as before.  Wait time. Hope BTC will come back like before. Thank you.

Yap, the pretty much explain it, since we are in a bear market, no project wants to start it at the wrong foot. So they will have to wait or gamble and released it in this kind of situation. But there are no assurance that investors are willing to pour their money right now. Plus, there is still the war and then inflation all over the world. So most likely investors are going for a "wait and see" attitude.

Of course, if BTC goes down, everyone is affected, including BNB and Ethereum. Normalcy will come back, but it mike take sometime.
4778  Economy / Speculation / Re: Crypto prices crash as threat of war looms on: June 29, 2022, 07:57:28 AM
If we pay attention to the trend since the war, of course this can be true, but I'm sure that the thing that makes crypto drop is due to inflation that occurs globally, this makes many people have to sell crypto to meet their needs, pay debts and so on. If there is good news about an improved economy then I'm sure investors will return to Crypto soon.

Everything is connected, as war in the background and then we still have the covid-19 issues so every country is suffering. And we haven't recovered from the devastating effects of covid-19 and yet we have the war in Europe that really takes shape and affected everything, from wheat, to oil to manufacturing that spills to Nasdaq, Nikkei and Crypto market. So I'm not seeing a improved economy in the next couple of years and even if the war will stop it will still have a devastating after effect.
4779  Local / Pilipinas / Re: Incoming BSP Governor's take on cryptocurrencies on: June 29, 2022, 07:17:56 AM
Nabasa ko nga to nung isang araw pa, mahigpit talaga sila lalo na ang incoming BSP government, so far ang approved 'digital bank' lang ay:

Quote
In 2021, the central bank approved the licenses of six digital banks, namely: Overseas Filipino Bank of Land Bank of the Philippines (March 25, 2021); Tonik Bank of Singapore (June 3, 2021); UNObank of Singapore (June 3, 2021); UnionDigital of Union Bank of the Philippines (July 15, 2021): GOtyme of Robinsons Bank Corp. (August 12, 2021); and Maya Bank, owned by PayMaya of PLDT Inc. (September 16, 2021). Supposedly, there should be seven approved digital banks for the next three years but the remaining applicants failed to meet the requirements.

https://bitpinas.com/regulation/bsp-medalla-digital-banks/

So kokonti lang sa ngayon, at wala pa talagang crypto to crypto satin, convert parin sa fiat bago tayo makapag transact. Ang kung is Diokno ay masasabi nating medyo pro, hetong si Medalla ay kontra at mukang traditional na bankero to at matagal na sa mundo ng ekonomiya. So tingnan nalang natin kung aadvance ba ang crypto sa ilalim ng kanyang pamumuno sa bagong gobyerno natin na magsisimula na.
4780  Economy / Economics / Re: Irrelevance of Education in Nigeria. on: June 29, 2022, 06:41:37 AM
The adage (school na scam)by most Nigerian is becoming realistic.for a country to grow and develop,it most invest in is human capital.presently.universities, polytechnics and colleges are on strike.the educational system of the country is very poor.

Another problem is high unemployment rate: most graduate that are are qualified and ready to work,are not employed which is decrease the rate at which people go to school.
   With the poor educational system of the country, skills acquisition and empowerment is also low which worsened the situation.

So I guess it boils down on the government, every underdeveloped and developing countries have problem with education, even here in our country (Philippines), we have any educational program called K-12. It's because after graduation, it seems the the students needs more experience that's why they are extended and be qualified. Others try to work abroad and migrate because the job force is not enough here. Nevertheless, we still valued our educational system and everything starts from the government.
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