Hey everyone,
As online gambling platforms continue to grow in popularity, I’ve been wondering about the future of traditional, land based casinos. With the convenience and accessibility of online betting, will brick-and-mortar casinos become a thing of the past, or will they evolve to offer experiences that can’t be replicated online?
Do you think they’ll manage to hold their ground, or will we see a shift towards exclusively digital platforms?
I do think that online gambling will become even bigger and the future and take more market share away from the traditional casinos. The easy access from your home is just so much more comfortable that more and more people will start switching to online gambling as their main form of gambling in the future. However, even with a more dominate role of the online gambling industry I don't see any threats of physical casinos going to disappear. This mainly due to the fact that the two don't offer the exact same of services. When it comes to online gambling it's all about playing the casino games, there is no real interaction with other gamblers and we are not taking advantage of other services the casino could offer. During a visit to a physical casino we can drink cheap alcohol, stay in cheap hotels and take advantage of all the amenities that the big casinos like to offer to attract their customers. Going to Las Vegas is a full vacation with awesome shows, good food, nice scenery and also just hanging out in the pool. Gambling is a big part of that vacation, but it's not going to be our only focus. The whole concept of entertainment and having a good time can be offered differently in a physical casino that it can be done in online casinos. |
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So once all this Other Stuff Happens, what Happens Next is Cold Storage. For example, You could have a Cold Storage Wallet (Basically a Password), that is engraved on the Inside of a Ring on Your Finger, or Hidden Printed on some Other Piece of Metal. It could be a Sword Imbued with Bitcoin. But this kind of Thing is what is going to Raise the Price of Bitcoin once we get Past the Mining Education.
And now, there is a Big Mining Infrastructure, and it's not going away. So that will Grow, and Everyone will Start getting more and more invested, as a Species that is. And Eventually the Price will Reach $100,000 and $1,000,000, it just might Take 100 Years. But $100,000 Probably isn't 100 Years away.
Happy to hear that you have been invested in Bitcoin at such a early stage. Making such kind of returns like you did are life changing and you should be proud of yourself. It's good to try and learn from the past and take this as a basis for the future development of bitcoins, but it's not a guarantee that the price is going to move in a similar pattern. Especially the sudden price rise in 2024 shows how quickly the conception of Bitcoins are going to change. I always expected that once a new ATH is reached there will be a big sell off from people that take profits. The sell off this year was quite small and the Bitcoin price did well to stay above 60,000 USD. That is why I think that the 100,000 USD level is going to be broken fairly quickly. As for the 1 million level it's going to take much longer, 100 years might be a bit much, but 20 years seems more realistic for me. |
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Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=854667Current amount of posts (including this one): 6741 How much merit have you earned in the last 120 days: 13 SegWit BTC Address for Payouts: bc1qtx4fxqc2sezsyprgwyt76p8ttw09njsrn7jfyp Happy to apply for a Senior member position |
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We read you!
My number rule is to not bet all my money on one single bet. And my number two rule is to know at least something about the team I am betting on. Other than that I am very open towards sports betting and think that it's fine to take some risk. The lower the chance of winning a bet the smaller will be bet. I try to keep my risk adjusted balances constant, so I will bet more on the favorite with a small payoff. As long as I still have a decent sized bankroll left, even when a few bets turn bad I am fine. For me the worst thing is to go broke because then there is no more opportunity to recover. |
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Is this the wrong advice? A friend of mine took over his father's company because he is so old already and he told me about the money thats available doing nothing in the bank.
I told him to think about investing that money if he wants to keep the company growing, I told him about how MicroStrategy is doing so well using Bitcoin as a strong backbone of the company, I believe that even a small company can turn big if they use Bitcoin as their main investment.
Or am I wrong? I need to know if this advice is a good one or a bad one, I gave him this advice because we are very close and also because I will do the same thing if I am in his shoe, this is the best thing i can think of right now.
It's a bit hard to give a general advice without knowing more about the business of your friend. In general having at least a small investment in bitcoin is a good idea from the diversification point of view. Even with prices quite as high as they are now a Bitcoin investment offers good opportunities for anybody, because all the other potential investments like stocks are also close to their ATH. The only problem is if your friend is in a business that might need quick short term cash. I would be careful with investing money that could be needed in a few weeks again. There will always be short term price fluctuations that could lead to losses for people that are forced to sell. |
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I was just playing Hi-Lo, making small dollar bets, if it's 5 number card I select higher card and win, if it's 10 number then I go with 'low' and win.
Then I was greeted with Ace card, minimal possibility for equal card right (i.e, Ace), so I go all in, and guess what happens, the result is Ace means I lost the bet.
Then I have all sorts of thoughts blaming casino, like do they manipulate the result of the game when user goes all in. I am sure they are all fair, it's just that the possibility of losing the game may be minimal but it's never 0.
Sounds to me just like a bad beat and I wouldn't react too much on it. When it comes to gambling everything is possible and we need to adapt to it. When the odds are in our favor than going all in is fine, as long as we don't expect a certain win. There will always be a small chance of us getting wiped out, absolute certainty doesn't exist in gambling. Hopefully you didn't bring all your money with you and still have bankroll behind. I prefer to always split my money, so that I have another day to gamble again. |
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Have you bought something that people feel is rather too expensive and that you could have purchased a lower version of it? What was your inexperience like after that?
I am not really into luxury items as they don't really fit my style I would say. When it comes to expensive drinks I prefer my local brewed beer to champagne. As for food I would rather eat a well cooked steak than some fancy caviar lobster dish. Same goes for clothes, I prefer sturdy casual wear to fancy dress ups. Probably because I am a clumsy person and my clothes always get dirty or tear. As for jewelry, I prefer to wear my grandfather's watch than buying anything new. Probably I am a bad consumer in general. Looking at the Arnault family that are now the richest people in the world, there must be a high demand for luxury items. |
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These are some methods and practices I think traders could use in controlling their emotions when they lose while trading, you could give your opinions or add more if you got any, also I'm open to corrections so feel free to include some corrections in any statement you feel I'm wrong.
That is a good summary of things people should consider when they are faced with losing positions. In my opinion the best advice is to stay rational as much as possible and to remind us of our long-term goals. Short term loses can seem devastating, but when we remind us that we are in it for the long run it won't seem as terrible. Being faced with falling prices is part of the game and we need to learn to live with them. It always helps to identify why our trades are falling and if we need to react quickly. Bad developments in our projects is something we can avoid, whereas a general market down turn will be harder avoided. |
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The majority of gamblers don't cheats but some of us are cheaters and the end always justifies the means.
What do you think about cheating and cheaters?
Honestly, would you cheat if you had the chance?
I really don't like cheaters and would never do it myself. This might come from my time playing semi-professional Counterstrike back in the days when cheating was a bit more common. I always preferred to play tournaments on LAN then online because you could watch the other people play and nobody would try to cheat with so many people around. The anti-cheat tools weren't as good as they are today and people were taking advantage of it. For me it doesn’t really depend if it's gaming or gambling, cheating is not nice and people shouldn't be doing it. It's one thing to use techniques like card counting to get an advantage over the casino, and something else using programs that actually manipulate the game. I can understand that people would like to win big, but cheating is the wrong way. It's the same as stealing and if everybody would do it then the world would stop functioning. Also, as a gambler we want the casino to be trustworthy and payout our winning, but if we start to cheat than we can't complain if the casino freezes our money and won't give it back. |
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So I happened to watch a UFC related movie yesterday and the main character is a very strong one who never loses a fight but during a fight he decided to lose the fight, I found out that he did it intentionally because his uncle and his uncle's friend bet a lot on the biggest odd, which is the other fighter.
He lost the fight and he still made a lot of money from his uncle and his uncle's friend, how brilliant? Since they use a large amount and also on the biggest odd, but I think about the other gamblers who chose to bet on him because there was assurance that he would win the fight.
Now I started to think about the real life UFC, maybe this is even happening underground and we don't know? Jake and Mike Tyson's upcoming fight for example is gearing up, many believe that Mike will win, but maybe something like this will happen?
Many gamblers are placing bets on this fighter since its more reliable than you against the casino games, this is all about agility and skills, but the possibility of intent loss to make more money is also possible in this game, what's your take on this?
Yeah this is a big problem in sports betting which made me be more cautious when considering placing larger bets. It's not only in UFC or boxing where one fighter can decide to intentionally to throw a fight. Every athelete can decide to not give his 100% during a game and let the other team win. Of course having family members placing money on your own games which you can influence seem like a violation of professional code of conduct and should lead to some leagal consequences. Are you really willing to risk your whole sports career for manipulating games? Given the large sums of money involved in sports betting, there are many people keeping a close eye on the matches that everything is legit. When I first started out with sports betting I thought that in todays world the manipulating of games would not happen anymore. Unfortunately, this is not true and every year there are new big cases coming out where people managed to throw a game and profit of it. Which is why we need to be cautious and not only focus on our own skill finding the right teams. |
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Thanks a lot for another great Raffle. I really would like to get one of those capsules.
55 - Mauser
66 - Mauser
Good luck to everybody!
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Hi everyone,
One of the common mistakes in the world of gambling now is that some people run to make quick money and are greedy by betting all their money and trying to make gambling their primary source of income. You find them spending hours in casinos and sites, regardless of their losses, trying to make up for it, and this is what often leads to more Of the losses that may lead them to bankruptcy, and there are also those who make betting the only means of entertainment and spending their free time, even though they do not care about the size of their losses, they ignore the consequences, as the enthusiasm they find while playing will decrease with the passage of time and the matter will become tasteless..
Do not make gambling your only source of income or your only means of entertainment, as this will eliminate the first goal of gambling, which is pleasure.
Not even sure if these two really go together. At least for my full time job and main source of income never involved entertainment or pleasure. I heard many times the saying that find a job you love and you will never work a single day in your life. Unfortunately I wasn't so lucky to find something I love to do where someone will pay me for it. I don't hate my job, but if I could choose I would not sit at the desk 8 hours per day for my ungrateful boss. Which is why I don't think that our main source of income can also be our main source of entertainment at the same time. Hopefully these guys spending all their day at the casino making money have some good friends or family members that will convince them otherwise. For me the best approach is to have a full time job with a decent salary and only use gambling for fun at the side. |
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This is an advice based on my experience, don’t ever insert gambling on your schedule if you really don’t have free time for it because it will always result to disaster in both gambling and your life.
That's a really good point, most people focus on the monetary aspect of gambling and forget that it also requires time we need to spend at the casinos. That time we spend gambling has a value, even if it's only indirect in taking sleep away from us and reducing our performance at work. For me it's only time for gambling if I finished all other task of the day, which is usually at night. I also spend some nights on the weekends gaming and have to choose in the end if rather continue my favorite campaign or visit a online casino. In both cases it's important to set a fixed time window for gambling and gaming, otherwise I could stay up all night. I had to learn it the hard way as a teenager. |
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Borrowing or taking loans is not bad but being a debtor is where the problem lies. What I'm trying to say is that, it's normal to be in need and borrow when you lack, but owing for too long or not being able to clear your debts at the appropriate time, is the problem and can be very embarrassing. Now that's where Debt management comes in, Debt management to my understanding is a process where by one plans strategic means of attending to their debts thereby avoiding numerous debts and be debt free.
I agree with you that debt management is important, but I think it's even more important to avoid the use of it in the first place. In my opinion being in debt is not a good idea and should be avoided wherever possible. Especially now in times of high interest rates the monthly payments for our loans can be crippling. There are circumstances where debt can't be avoided like buying a house, medical emergencies or visiting a renown university. Other than that debt shouldn't be option, because it will lead to higher spending and getting used to living above our means. I have seen it among friends that got used to taken out loans for taking vacations, new clothes and buying a better. All of those things aren't really necessary. |
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I am not financially stable yet, so I am very much grateful for the appreciative increments in the Bitcoin market (bull-run) on going, I decided to cancel our marriage anniversary celebration because I insighted that there is more to gain In my continues hodling while the markets skyrockets than selling off my hodled coins just for ceremonial pleasures which can not profer me financial returns other than consuming the ones saved.
Now, my wife seized not to understand what my logical points about this are because she is not the one providing for the family.
As a woman she is, I clearly understood that they are attracted to pleasures especially on activities that attracts public attentions. These species of humans (women) fails to understand that it is money that afford those pleasury materials and activities they craves for which one has to utilize himself logically in economical situations so as to create financial balanced system before chasing after those financial consuming activities without the potentials of yielding incomes.
Being successful is not that easy and requires a lot of dedication. It's great that you are participating from the recent bull run and are able to fully provide for your family. Unfortunately there are enough people who didn't have enough free capital to invest in crypto currencies during the last bear market, or didn't know enough about it invest larger sums of money. We should be understanding and trying to help our friends as much as possible. This doesn't mean that we need to spend a lot of money supporting our friends, already small things can make a big difference. Being open with your friend about how you invest your money is good. It shows that you think about longterm goals and are planning for the future. Helping our friends to get a similar mindset is already a huge change and will lead to long term profits as well. |
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Thank you for accepting me to the campaign CryptopreneurBrainboss. I confirm that my data in the spreadsheet is correct.
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Username: Mauser
BTC SegWit Address: bc1qtx4fxqc2sezsyprgwyt76p8ttw09njsrn7jfyp
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Bitcointalk Usermane: Mauser
Blackjack.fun Username: Mauser99
Applying for Sr. member
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User: Mauser
Position to Apply: Hero
Posts Start: 6725
Address: bc1qtx4fxqc2sezsyprgwyt76p8ttw09njsrn7jfyp
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Rank- Hero
Segwit BTC address- bc1qtx4fxqc2sezsyprgwyt76p8ttw09njsrn7jfyp
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