Bitcoin Forum
June 25, 2024, 02:23:14 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 [29] 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 ... 196 »
561  Bitcoin / Bitcoin Discussion / Re: You must have a source on: January 27, 2024, 04:09:34 AM
When one person want to take long term strategy it is obvious to him he should a income source rather than he will not able to be Holding for lasting. If a holding strategy is taken without an income source, then that strategy will fail because it will be seen that the holding is doing right but for personal need, money has to be withdrawn from the holding's fund.  I have seen many people who have lost in the middle of a long time strategy.

Yeah, I think it usually helps to have mechanisms that make it a bit harder to access the money if you are planning to save it for the long term.

If it's easily reachable, then most people would use it earlier than what they planned. It's how the thing works, you use whatever money is easier first.
562  Economy / Gambling discussion / Re: [POLL] Using AI to predict outcomes on: January 27, 2024, 04:07:53 AM
The development of the world of artificial intelligence (AI) is truly extraordinary. and many novice gamblers use these machines to predict gambling games. Some even asked him to predict altcoins as a trading tool.
In fact, it is good to use AI for this purpose, but it is also not the right and final choice. You also have to pay attention to your own analysis when making bets. Moreover, gambling games are also limited by the time for betting on the game. Is there still time to use AI as a decision-making tool?

There will always be ways to use AI to get some benefits, or to do things faster.

So, I think you can still use AI to make some interesting bets, or at least to make some money doing other things.
563  Economy / Gambling discussion / Re: Can somebody make a successful career in gambling on: January 27, 2024, 04:06:53 AM
~snip~
The fact is that anyone who is quite active in gambling or especially those who have full enthusiasm for earning income will actually only spin - spin on the cycle of winning and losing, as you said that for example in this month the victory dominates which certainly gives them a quite lucrative amount but that does not mean that this situation will continue to occur, meaning that because there is absolutely no certainty and any guarantee to produce a victory in gambling then this makes you have the possibility to experience a defeat that dominates in the next gambling engagement you do. But what is unfortunate is that not many of them realize about this cycle, in fact they only remember the tantalizing victory and with that they indirectly seem to override some of the defeats they have experienced before, even though the victory they managed to get is nothing more than to replace their money that has been lost before. But this is gambling, you can deceive yourself through something called sensation, casinos have a strong strategy of deception that can weaken a person's consciousness just because there is a chance of winning that in the end it is still the casino that gets a lot of profit.

Yeah, it's a great money maker for the casinos.

And most gamblers will simply lose all their money slowly over the days, months or years.

If the gambler doesn't stop, they will simply lose all their money eventually. It's designed to be like that.
564  Economy / Gambling discussion / Re: Do you believe in gambling experts predictions? on: January 27, 2024, 04:03:34 AM
~snip~
It’s surprising to me to hear people claim they are experts when they have just little knowledge about gambling. If you are a gambler and all you want to do is follow experts, then you will end up losing more than winning. Some of those predictions experts are desperate looking for gamblers who will join their group so that they will give them sure predictions. If they are real, then they won’t be asking people to pay before they will be added to the group, they will be posting their predictions for free. Some of them won’t even want to share the predictions if they are sure about them, they will decide to place a bet on it alone and win alone.

Yeah, the so-called finfluences are a new type of thing were they basically try to make money off ads while trying to tell you what to do with your money.

Most of them don't really know too much, and they get paid by companies to talk about products. So it's basically ads, and people follow them blindly.

By the time they have watched the video these guys already made their money so they don't care about you.
565  Economy / Gambling discussion / Re: Slots 101: Basics, Strategies, and Discussion (with poll) on: January 27, 2024, 04:01:21 AM
~snip~
Well, you know the problem then.

IMO, you should never hold raw cash with a big amount. Big advice, is always tried to buy a stuff/item in real life example like buying some Cars/Bike. It's work for me, with 2-4 years gambling.

I only lost the money I have but never lose item/stuff I owned. At least my addiction is not really f*ck up my reality while selling all my stuff for gambling.

Yeah, that's actually a good advice in general, not only gambling.

With inflation the purchasing power of money actually goes down over time, but if you have assets, they keep their value or even go up.

So, you're usually better off by buying assets instead of having more money.
566  Economy / Gambling discussion / Re: Do you believe in gambling experts predictions? on: January 24, 2024, 11:26:50 PM
~snip~
   Don’t forget that some of these punters too experience  great losses too, I’m glad you agreed that no bet is 100% so that’s enough reason to know that even the punters too experiences loss too, majority of them do not like to show their losses so as not to scare their followers off. Another advantage to their big cash out is the amount of capital they use in playing the game. They have the money to fund and are willing to risk such amounts without any fear of going bankrupt. You wouldn’t want to stake carelessly when you are just trying to keep up financially,  it’s financially unwise to make such irrational decisions.
   Gambling is purely about luck to me,  if you get lucky you win and you can be lucky for a week and then unlucky the next time.  It’s a 50/50 chance and anything can happen, the smallest odds can cause a havoc so nothing is sure in gambling. Checking stats is very much important because that gives you the better picks, and to know which teams or player will do well. 

Not only some, but the vast majority of them.

The most probable outcome when betting is to lose money.

Of course this is not something gamblers like to read or listen to. It makes the whole fantasy collapse and you see how the sausage is made sort of thing.

At the end of the day, as long as you have fun gambling, and you are not putting all your money into it, it's all fun and games.
567  Economy / Gambling discussion / Re: Who among you here is gambling at work? on: January 24, 2024, 11:01:25 PM
~snip~
I can relate. Work tires us out, so we wanna have some fun on breaks.  A little betting or gambling here and there livens things up and gives us a rush.  but we gotta be real careful it don't get outta hand. and  A few bets are fine, but if we start thinking 'bout gambling all day or spending too much money, that ain't good.  We gotta keep our eyes on the prize - putting in an honest days work and having enough left over to enjoy our free time.  As long as we keep things balanced a little gambling can be a nice distraction.  But we can't let it become our whole life and get us off track from what really matters.  Moderation and self-control are key.  As long as we stay focused when working, we earn those good times.

That's how an addiction starts though.

First it is just a bit, only for fun. Then it gets very interesting and you spend more time on it.

Suddenly you are doing it every day.

Then all day, every day.

And usually at this point is where the gambler's money is gone.
568  Economy / Gambling discussion / Re: Slots 101: Basics, Strategies, and Discussion (with poll) on: January 24, 2024, 11:00:02 PM
~snip~
New games does not mean that it is easier to hit big win for those who never played it before, luck does not care about new or old game we are playing LOL.
Loyal players in slot games? It does exist, most slot players has their own favorite slot(s) to play including me.
Almost in all my gambling session, I will spend some money and time to play my favorite slots because I do like it.
Razor Shark is one of my favorite slots game that I'll never missed to play although only few tens spins.

True.

Having new games give you the idea that maybe they have different odds, which might be true.

The reality is that most new machines come with new rules and odds, and most probably are tuned to make it more difficult for the gambler.

I can't see a casino investing in new machines that have more favorable odds for the gambler.
569  Economy / Gambling discussion / Re: The madness of gambling addicts. on: January 24, 2024, 10:47:30 PM
~snip~
In this type of situation, the person has lost it entirely and they need some help. Any family members who still want to give them money to sponsor their gambling behaviour don't like them, and they are just wanting them to get their lives ruined more and more.
 
And when you say they don't care about their family aside from them just gambling and making some win and lose every single day, if this kind of person has their own personal family like a wife and kids, I think they will be able to feel some human in them. Most of the time, they don't just start a day and get to that point that same day; it's a gradual process, and it's when the people who are close to them don't give them that attention that they end up completely lost.

Yes, I agree.

Specially with the point that it is a gradual thing. It's very easy to slowly move yourself into that kind of position.

You don't realize it until you are so inside that it is hard to get out.

It's still possible to change at that point, but it is easier to do so earlier on in the process.
570  Economy / Gambling discussion / Re: Saudi Professional League 2023/2024 on: January 24, 2024, 10:39:32 PM
~snip~
Messi and Ronaldo won most Ballon d'Or last 20 years and only three players can won this personal award before and during those years, Kaka, Modric and Benzema. It is more than enough to say about the great of two players, they dominated that personal award over years.

Till their ages in 2023 and 2024, they are still making magic, scored many goals, made many assists and great impacts on their clubs. It's hard to see other players who can repeat success like these two legendary players and can maintain their career very long like them.

GOATs or not GOATs, we will return to this discussion some years after those players retire.

GOATs are a difficult thing to choose, because it really depends on the time the players were active.

How can you even compare Maradona with Messi for example?

Some people claim Pele was the OG GOAT, but what about current era players?

I don't know, the sport has changed so much. It's difficult to choose a specific GOAT.
571  Economy / Gambling discussion / Re: Slots 101: Basics, Strategies, and Discussion (with poll) on: January 23, 2024, 09:28:33 PM
~snip~
Not really.

Something like these just from based every user though, while people think a new slot have a better RTP and provider often to give big win on new slot. However, these is just speculation there is no solid proof at all.

Example like, the more spin you are spent from previous spin are gonna to give you higher chance on next spin for getting a scatter/bonus.

I do believe different slot machines have different odds.

At least in the real world casinos that is the case, not sure if that also applies online.

In any case, these machines need to be certified and I'm sure they must publish their numbers somewhere, just that no one bothers to read that.
572  Economy / Gambling discussion / Re: The madness of gambling addicts. on: January 23, 2024, 09:27:11 PM
That is one just one of the disgusting thing an addictive gambler can do, people don't really know how bad addiction is until they found their self inside that ugly situation, and if you do more findings about  most addictive gamblers you will see that their are even worse thing they can actually do base on their addiction.

That man that commited that crime, after he had finished serving, no body will tell him to stop when he will stop, besides the addiction will leave him due to the fact that he cannot gambles when he is serving his prison term, i just hope that most gamblers can learn from this.

It's a slow decline into a bad situation.

This doesn't happen overnight.

Similar to other addictions, people get worse every day and suddenly they start doing these things.

If you are looking from the outside it seems like a weird thing to do, but from the inside it kinda makes sense.

The difference between the perceptions is that the gambler has been moving into that place slowly over time.
573  Economy / Gambling discussion / Re: Do you blame someone for your gambling losses? on: January 23, 2024, 09:25:22 PM
~snip~
We have been introduced to a lot of things but still, we only choose to do the things we like, which means we also enjoy being at that situation. Gambling is not wrong, anyone can gamble but one who gambles must know their financial tolerance level so that they can spend the right amount on the entertainment part. If they let their own emotions to take control of their actions then we are the only one to be blamed not the one who introduced to it.

Yeah, we still do things that we don't like to do but will make us better.

People still work out, and eat less, etc. All those things are worse for the present but better for the future.

Gambling feels good in the moment, but it is usually bad in the long term.
574  Bitcoin / Bitcoin Discussion / Re: You must have a source on: January 23, 2024, 09:24:16 PM
I must say I am excited about this topic, I am speaking from experience, that to become an investor you have to have a source of income that can cater for your basic and emergency needs, that way you can invest and allow your investment to mature and yield profit. This should serve as a guide for new investors as to think long term when investing.

As long as it's an investment it should be fine.

But if all you do is simply work to get money to put it into gambling, then the casino is the one who has a source, not you ...
575  Economy / Gambling discussion / Re: [POLL] Using AI to predict outcomes on: January 23, 2024, 09:22:48 PM
~snip~
with or without AI one thing is for sure
the casinos will maitain their edge

have you ever heard about sports betting houses that ban players when they start to win a lot?
in the end of the day they can decide who can play and who can't
that's the game.

Yeah, casinos have been doing this forever.

The moment you start winning more than what's expected you will make the casino people notice you.

They will start monitoring you, and if you continue, they will ask you to leave. Or sometimes they would give you free drinks and food so that you stay longer and lose it all over time.

It depends if they think you are cheating or you just got lucky once.
576  Economy / Gambling discussion / Re: FIFA World Cup 2026 :Canada/Mexico/United States: Discussion Thread on: January 22, 2024, 09:30:12 PM
~snip~
Let's see how Brazil is going to perform on Copa America, so we can have a better understanding on what we can expect from the national team on the World Cup of 2026. Personally, I don't think they have great chances to impress anymore, like they used to do during the early 2000's and 90's decade. The new generation of players haven't been following the same pattern of the old ones which brought great achievements for Brazilian soccer.

It seems a long before players were more concerned about patriotism, while now they seek for fame, money, parties, women and trouble with the justice... So, all these aspects reflect on their final performance inside the fields. The commitment isn't the same when compared to players from another nations, which are heavily focused in bringing the title to their people.

Yeah, I don't think you can really compare those competitions.

A country usually don't send the same players to Copa America compared to the World Cup.

Also the players play very differently.

We'll have to see what Brazil does though.
577  Economy / Gambling discussion / Re: Are successful gamblers seen as addicts? on: January 22, 2024, 09:28:21 PM
~snip~
It's one thing to be successful in gambling and absolutely a different thing to be addicted to gambling because so activities and  the attitude of so many successful gamblers out there and the fact that most of them are always acting like they're now addicted to gambling, it has now become a norm for people to see successful gamblers are addicts but thank goodness we have a platform like this where we can always correct such wrong impressions among people.

For a gambler to be seen as being successful in gambling, it simply means that he has significantly had more winnings than losses in gambling and you don't need to be an addict to experience of this. I've been privileged to see a gambler who from the very day he started gambling, he's had significantly more winnings than losses as he's always lucky with in his gambling activities but that doesn't make him a gambling addict. A gambler can only be deemed an addict the moment he loses control of his gambling activities and that's why it's absolutely wrong for someone to think that every successful gambler is a gambling addict

Yeah, an addiction is simply a behavior someone does that creates some kind of negative outcome for them or for the people around them.

If they have it under control and they even win money, then there's nothing to worry about. But the thing is that those are the minority.
578  Economy / Gambling discussion / Re: The madness of gambling addicts. on: January 22, 2024, 09:17:25 PM
~snip~
I used to think like that but then I met this guy who won a lot of raffles and stuff he joined
not sure what is in play here but some people are just really lucky, pure mistery
he used to win almost everything he joined and I don't know if there was some regression to the mean because now this has been 20 years ago

Usually those cases are people that won a few times in the beginning more than usual, then your brain treats them as "winners".

That means that you will tend to ignore their future losses and only focus on the new wins.

It's not really that they always win, it's simply that your brain sees them that way.
579  Bitcoin / Bitcoin Discussion / Re: You must have a source on: January 22, 2024, 08:19:45 AM
~snip~
There are some guys who quit their jobs and rely on crypto trading. I am strictly against this. When there is bear market, it can continue for an year or more. How are you going to feed your family at that time if you have quit your job ?

Of course those people are the ones that create the next scam coins  Grin

And the cycle continues, forever.

But yeah, it is not a great idea to quit your job and trade coins for a living.
580  Economy / Gambling discussion / Re: Do you believe in gambling experts predictions? on: January 22, 2024, 08:18:18 AM
~snip~
We always need to be skeptical of anyone that claims they know in advance the results of any sport competition, since if they are telling the truth then they are doing something illegal, and if they are lying then there is no point on listening to them and any of their claims.

If a person wants to become a professional sport bettor, they do not really have any other option but to try to do this on their own, a very difficult thing to do as this will most likely include a heavy use of mathematics and probabilities, two topics very few people are experts on.

Yes, you are spot on.

The outcome of a game is random, and the odds it pays are based on the possibilities of them happening.

No one knows the future. If you know more information, for example the game is at half time, then the odds will change. But the casinos do that already and reduce any kind of potential of winning you had before you knew what was going to happen.

Of course the people playing might act in an illegal way, say making an own goal or whatever, but I don't think that's happening too often
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 [29] 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 ... 196 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!