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5161  Economy / Gambling discussion / Re: PH banned online cockfighting - Worst gambling-related cases recorded! on: May 22, 2022, 09:48:03 PM
It's true, there are too many games that everyone can play, and not just with this online cockfight. But you know our culture, there has been a tradition and people got used to this gambling game. It doesn't matter if there are animals part of it and lives are being exchanged for it.
But it's the norm that has been formed for centuries and that's hard to remove, now, a ban has been said but this won't stop the culture and tradition. There will still be ways that these gamblers will look to bet in online cockfights especially if they're addicted to it.

No one can stop those addicted gamblers, even the ban already implemented. If there's still someone who will continue to the offer a same kind of gambling behind the government's back, those people will continue to play and lose their money. Sabong is a part of our tradition and with how the internet access more people easily, they penetrate deeper and now the government need to act to avoid more addicted and ruined families to suffer from losing more money.
And when the restrictions and borders are loosened, much worse is the arena cockpit could be back. Yeah, just like the physical casinos, they're likely to be back.
As the mandate says, the online cockfighting is banned because there are too many lives that are destroyed but with the actual arena fight, they're not banning it and they both the same in paying taxes and the same effect for those addicted gamblers.
5162  Economy / Gambling discussion / Re: Hard earned money - Busted in seconds on: May 22, 2022, 08:53:43 PM
One thing with uncontrolled gambling quest is that it won't stop giving hopes of recovering losses until the last dime is lost. This is not just about gambling an amount you can afford to lose but more on self control to know when to stop. The debt has to paid which ever way.
That will be the matter at most times for all of us gamblers, we think of recovery every time we're losing and that's going to give us a result that is hard to accept.
Self control is going with the action that we have in every situation that we face and sometimes those suggestions are hard to follow because we're reacting normally as we face those situations that we don't like.
5163  Bitcoin / Bitcoin Discussion / Re: where does the price of bitcoin come from? on: May 22, 2022, 08:03:16 PM
Bitcoin is a speculative asset and that's why anyone can give the price the way they look at it. True, no one controls the price and that's why if someone says that it's going to be at that price then that's his opinion and there's a probable analysis as to why it's going to be at that price by now.
Everything on the market relies on the supply and demand and that plays a big part to the motion of prices.
5164  Alternate cryptocurrencies / Altcoin Discussion / Re: Are you buying the dip? on: May 22, 2022, 10:28:23 AM
I think now is the best time to buy altcoins, if a few days ago the market looked dip but a few days now it looks up, but not too high so now is the best position to buy, I'm optimistic we will soon get out of the bear market.
It won't be staying on the bottom forever and the same as staying at the top. As you can see, there's a recovery that's happening and this should be seen by those people that are still in doubt about buying.
We can't force them to buy if they're in doubt but we know that this time shall be refreshing again after the dips and big corrections. While waiting for the actual and big recovery from this correction, you take your time whether to add and pile more with the alts you hold or bitcoin.
5165  Economy / Gambling discussion / Re: PH banned online cockfighting - Worst gambling-related cases recorded! on: May 21, 2022, 09:40:23 PM
I dont believe that there's lacking about games offered online on why they are really into cockfight betting but rather they do really just looking it for it to be interesting
because if we do speak of the current online games into casinos and the easy access then i dont see for it to be that lacking.
So its not surprising that government would really be taking some action.
It's true, there are too many games that everyone can play, and not just with this online cockfight. But you know our culture, there has been a tradition and people got used to this gambling game. It doesn't matter if there are animals part of it and lives are being exchanged for it.
But it's the norm that has been formed for centuries and that's hard to remove, now, a ban has been said but this won't stop the culture and tradition. There will still be ways that these gamblers will look to bet in online cockfights especially if they're addicted to it.
5166  Economy / Trading Discussion / Re: what is the best investment for the next halving? on: May 21, 2022, 08:36:18 PM
I agree, among all tokens and coins If I will be asked what will be the best investment for the next halving? it could be bitcoin or eth. Spending your money to top 1 and top 2 coin in the world will not be useless even though they may encounter some dip in the few days still there will be a greater chance that it will be bounce back again, everytime I will have some extra I always converted it to bitcoin.
Bitcoin, no doubt.
And then ETH and the other altcoins will come to follow bitcoin's halving effect and that is to increase in price and value. Having the right time to buy during the dip is the perfect time and opportunity. That's where people have the problem of not being satisfied because they think that it's not a good time to buy when the market is dipping.
5167  Economy / Gambling discussion / Re: Your epic fail experience in gambling on: May 21, 2022, 07:40:23 PM
It surely happened for many gamblers that they've won a lot and then still didn't secured the money that they've won. So what happens is that the casino where they're playing was able to take it back.
In the long run, it's always the casino that wins and if you're not careful with your decisions and your profit is with you already, you're likely to lose them all and you'll be adding another epic experience for your failure.
Greediness caused it. If someone play and win and continue to play and later lose, losing will begin until the person lose all the money, or the person should better stop gambling bat the time. This is common in gambling, it starts when the person develops a kind of mindset that begins from a single loss that make the person to continue losing. That is why it is good for gambler to just gamble on just one or two games in a week and not become affected by poor mindset, or if the person has lost once while betting, the person should not bet that day again, even not to bet that week again will be good. I have falled victim of this several times and such can be avoided with just not betting at that particular time.
IMO, it's okay to gamble the whole week as long as it's inside the budget that's within your bankroll and it doesn't affect your mental health. The problem with other gamblers, greed is normal and we want to have more winnings and we know what outcome is going to happen instead of it.
Nevertheless, we still continue despite that knowledge because it's already built up that we want to gamble no matter what happens and we'll recover those losses which is what we think.
5168  Economy / Speculation / Re: $28,000 Bitcoin price. How explain falling price to worried newbies ? on: May 21, 2022, 10:29:44 AM
Tell your friend, wherever he's effective to trade, he should just stay there. But it's okay to remain with his curiosity about the crypto market because that shall give him the idea of how volatile it is just like forex.
Honestly, when someone asks you about how sure they are with their money and if it's going to profit as they invest in bitcoin. You tell them that in every investment there's a risk. Because if you guarantee them that they'll earn, you'll be the one that will be chased by them if a total bear comes in.
5169  Local / Pilipinas / Re: Isa kaba sa my mga bitcoin or any crypto noon? on: May 21, 2022, 08:01:29 AM
Lahat tayo ganyan nasa isip kung sobrang mura ng bitcoin at alam nating tataas. Kaso nga lang, may kanya kanyang sitwasyon lang din talaga tayo na hindi tayo makabili kasi nga mas uunahin yung mga bagay na mas mahalaga kesa sa pagbili ng bitcoin kung makabalik man tayo sa panahon na yun.
Oo, 10k bitcoins yun para sa dalawang pizza at nabasa ko na hindi naman pinagsisihan ni laszlo yun kasi ang laki laki ng ambag niya.
Hindi mawawala sa pag-iisip natin na manghinayang sa mga crypto na nakuha natin noon mapa-faucet, gambling, mining, campaigning at iba pang paraan natin nakuha iyon dati. Ngunit mas maigi kung hahayaan at tatawanan na lang natin dahil may mga nabili naman tayo dahil dito.
Yung 10k Bitcoin Pizza na topic ay laging nauungkat pero naisip ba nila kung magkano lang ang bitcoin dati kung possible ba talaga na bumili ng kahit ano gamit ang bitcoin dati. Pero still, masaya ako na may nangyaring ganyan dahil isa itong patunay na yung crypto ay possible maging future currency nung time na iyan.
Tama, move on nalang talaga pero hindi lang din madali kasi alisin sa isipan natin yung mga tipong tanong tulad nalang ng "paano kaya kung ganito ginawa ko".
Sa point naman yan na sinabi mo na may nabili tayo, totoo yan. Ang mahalaga napakinabangan natin at kahit hindi man masyadong mataas ang pagbenta natin, napakinabangan naman natin sa panahon na nangangailangan tayo.
5170  Local / Altcoins (Pilipinas) / Re: Sa tingin niyo ano mas maganda? on: May 21, 2022, 06:14:53 AM
Both has their own risk. Sa cryptocurrency di mo malalaman hangga't di mo sinusubukan, kasama na rin dito yung malulugi ka at tutubo ka sa ginawa mo. Kasi kung matatakot ka palaging sumubok, wala ka lalong mapapala. For me mas better ngayon mag stock trading, lalo na bagsak market, though NFT flipping ain't that bad kung libre naman katulad ng sinabi mo. Maganda bumili at magbenta ng NFT kaso ayun nga, may chance na mabibili yung gawa mo kaso hindi natin alam kung kailan.
Halos parehas nalang din naman ngayon ang stocks at crypto. Mas marami pa rin sa stocks kasi traditional market pero kung tutuusin, mas mabilis ang galawan sa crypto market.
NFT, P2E o spot, kahit anong piliin mo dyan basta may disiplina ka sigurado na kikita ka at kailangan mo lang din magtyaga sa pag tingin sa market kung anong pairs ang may opportunity na pabor sayo.
5171  Other / Beginners & Help / Re: I am kinda confussed... on: May 20, 2022, 10:12:22 PM
It's also going to depend to the cost of mining aside from the cost of buying those miners. There's an alternative on it, although it's not as easy as mining.
But if you think that it's quite hard for you and you can't bear the risk to mine for some reasons, you could have just use the budget for mining into buying bitcoin or any coin that you prefer and wait until it pumps a little bit or more then sell. It's less of the hassle and confusion.
5172  Economy / Gambling discussion / Re: Your epic fail experience in gambling on: May 20, 2022, 09:10:49 PM
That's the normal failure of everyone.
When you get to win that much money as you gamble, you're forgetting to secure those profits that you've made. Since you have some winnings on your hands, money won't be a big deal to you as long as you're still enjoying to play and have that idea that it's still possible going to win more for you as you proceed.
Whether win more or lost it all but in most cases we do really lose those winnings back to casino if we do prolong ourself on playing with gambling which is really a very common outcome.

Failures or getting wrecked is really very common, some do accept their fate and some couldn't which would really in result on chasing losses which do really make the situation even more worst.

You wont really be considering for it to be failure or feeling of regret if you had just accepted that you are dealing with gambling which is something involves very random and truly relying
with luck kind of games.
It surely happened for many gamblers that they've won a lot and then still didn't secured the money that they've won. So what happens is that the casino where they're playing was able to take it back.
In the long run, it's always the casino that wins and if you're not careful with your decisions and your profit is with you already, you're likely to lose them all and you'll be adding another epic experience for your failure.
5173  Alternate cryptocurrencies / Altcoin Discussion / Re: Can some AltCoins pump during bear markets ? on: May 20, 2022, 08:25:08 PM
That has happened but it won't take that long, all of them will be stomped by bitcoin and will also be pulled together with the bear market. Bitcoin hitting $15k is unlikely, although there's its volatility but I don't think that it will be that low again.
But if you're waiting for that price before buying then I'd say good luck to you. That price could be reached just because of any possibility but based on different all time lows, I don't really think it will.
5174  Local / Pilipinas / Re: Isa kaba sa my mga bitcoin or any crypto noon? on: May 20, 2022, 11:28:47 AM
kung pwede nga lang ibalik ang nakaraan ? siguradong babalik ako sa panahong napakamura pa ng bitcoin at itatago ko hanggang ngayon or sa susunod pang mga panahon lol.
sa pagkaka alala ko kabayan , Hindi lang 10 bitcoin yong pinambili ng pizza instead thousand bitcoin yata yon?
anyway buti nalang hindi natin inabot mga panahon na yon kasi kung nagkataon eh kasama tayo sa mga nanghihinayang now lol.
Lahat tayo ganyan nasa isip kung sobrang mura ng bitcoin at alam nating tataas. Kaso nga lang, may kanya kanyang sitwasyon lang din talaga tayo na hindi tayo makabili kasi nga mas uunahin yung mga bagay na mas mahalaga kesa sa pagbili ng bitcoin kung makabalik man tayo sa panahon na yun.
Oo, 10k bitcoins yun para sa dalawang pizza at nabasa ko na hindi naman pinagsisihan ni laszlo yun kasi ang laki laki ng ambag niya.
5175  Local / Pilipinas / Re: Bear Market thread on: May 20, 2022, 09:35:31 AM
Okay lang sa scalping kahit baguhan pero wag na wag lang muna sa futures. Ang daming nasusunugan sa futures kapag nakikita ko sa mga FB groups.
Madami kasing nagba-brag ng mga kita nila kaya yung mga newbies, desire agad nilang kumita at subukan yung futures kahit na parang hirap na hirap sila at karamihan sa kanila nasusunugan.

Yun ang mahirap, ung papasukin mo ang isang bagay na hindi mo pa naman talagang gamay, maraming nasusunugan at minsan hindi lang maliit na halaga ang natatalo sa kanila, dapat talaga aaralin mo ng maigi at papakiramdaman mo kung yung negosyong pinasok mo eh tugma sa kaalaman mo at kapasidad mo.

Mas mabuting unahin mo na muna ang pag aaral nandyan lang naman ang market any time pwede mo subukan kung talagang concern ka sa ipupuhunan mo, parehong pera at oras dapat ang nakafocus.
Study muna talaga kapag sa trading. Ako nga kahit matagal na sa crypto pero sa trading sumasablay pa rin, di ko maperfect yan kaya ang focus ko nalang muna ay accumulation at holding.
Mas madali yung ganitong strategy sakin tapos saka nalang magbenta kapag tumaas na masyado yung coin na inipon ko. Para sa akin, okay yung ganito steady at passive lang pero rewarding naman sa tamang oras.
5176  Economy / Gambling discussion / Re: Ever thought of doing your thesis on Gambling ? on: May 19, 2022, 11:20:18 PM
I am not sure if someone does a thesis - how much it will be effective.
You've missed reading the first post and they've done it and rewarded with their thesis.

Those who want to gamble would not listen to anyone unless they learn the lesson hard way. For those gambling is prohibited they would not gamble - so there are two extremes. Both very intense on their stance.
There's nothing wrong if you decide to gamble. But just take yourself accountable for any result that you'll get. It's the hardest part for being a gambler when you don't accept results and you're removing yourself accountable for bad results.
5177  Economy / Gambling discussion / Re: Your epic fail experience in gambling on: May 19, 2022, 10:07:28 PM
snip
That's why I say he was very lucky to be able to get most of the money he lost. It was a valuable lesson for him and all of us not to spend a lot of money and always try to quit after getting a decent win from gambling games. We never know what will happen with the next round so stopping playing gambling would be better to avoid the losses.
That's the normal failure of everyone.
When you get to win that much money as you gamble, you're forgetting to secure those profits that you've made. Since you have some winnings on your hands, money won't be a big deal to you as long as you're still enjoying to play and have that idea that it's still possible going to win more for you as you proceed.
5178  Alternate cryptocurrencies / Altcoin Discussion / Re: Everything stop on: May 19, 2022, 09:02:49 PM
Todays current situation for Luna all my works just stop and cant belive whats going on with this scenario!!  Lost too much in my life savings!! Now thinking about invest on btc at least there is no chance like 98% dump at least stable coin looking to more risky!!
You should have done that before Luna. Just look how bitcoin is remaining to be at its finest than with Luna and its UST that have lost a lot of money.
It had also changed a lot of lives negatively because you have believed on this project but instead, it has given you an headache instead of satisfying result.
5179  Local / Altcoins (Pilipinas) / Re: What Happen to Terra(Luna)? Malaki Ba Nawala Sa Inyo? on: May 19, 2022, 07:57:31 PM
Dami nalugi pero meron pa din traders na kumita dito. Yung mga tipong 1K to 150K sa loob lang ng isa o dalawang araw lang. Ako naman, I dodged a bullet with this one dahil muntik na ako napabili nung bumagsak siya mga 80%. Nanghinayang lang din ako na hindi ko nasalo yung pinaka-mababang presyo niya (so far). Waiting game lang muna dito sa ngayon at mukhang okay naman bumili ng dahan-dahan.
Wais lang din yung bago mag halt o yung eksaktong pagbabalik sa binance, sobrang bumaba nun. Yung tipong lagpas anim o pito ata yung zero nun.
Yun talaga yung mga panalo sa trade kay Luna kaso nga lang yung mga bumili nung masyadong mataas, sila talaga yung mga taong hirap na makarecover ngayon, may recovery plan man at optimistic sila, di na babalik pa sa dati.

Isa ako sa kumita nung bumagsak talaga si luna and naka pag take profit narin. At yung bago kung position is naipit dahil bumili sa masasabi kong mataas nadin na figures. At waiting padin ako for another dump at kailangan mas mapagmatyag ngayon dahil hirap na siguro ito mag pump.  Another option na tinitingnan ko ngayon is yung UST dahil sa tingin ko lng mas may chance pa ito makabawi compare dun sa Luna.
Tingin ko hirap na mag pump yan. Yung unang pump niya pagtapos ng dump parang yun na yung pinakamataas. Kung mag pump man ulit, hindi na tulad nitong nakaraan na marami masyadong na hype. Nakakalungkot lang kasi sobrang dami kong nabasang mga hindi magagandang experience nila kay luna. Pero may ilan naman akong nabasa na bago sila ma dump o maubos kay luna, kumita din naman sila ng millions.
5180  Local / Pilipinas / Re: Bear Market thread on: May 19, 2022, 10:05:55 AM
Mas magandang aralin mo ng maigi bago mo ilagak yung pera mo sa scalping, mahirap masunugan lalo na kapag ung gamit mong pera eh mahirap pakawalan. Madaming nalulugi kasi hindi sila handa sa pinapasok nila unlike kung aral mong maigi kaya mo maglaro at magbalance ng igagalaw mo habang nasa loob ka ng market.

Mahirap pero kung makakabuo ka ng strategy na talagang epektibo mas maganda ang chances mo na kumita ng malaki laking halaga.

I mean malaki laki kung consistent yung winning trade mo sa pag sscalp.
Okay lang sa scalping kahit baguhan pero wag na wag lang muna sa futures. Ang daming nasusunugan sa futures kapag nakikita ko sa mga FB groups.
Madami kasing nagba-brag ng mga kita nila kaya yung mga newbies, desire agad nilang kumita at subukan yung futures kahit na parang hirap na hirap sila at karamihan sa kanila nasusunugan.
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