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601  Economy / Gambling discussion / Re: A Man bet his life savings on 1 spin of Roulette on: March 15, 2024, 09:47:53 PM
If it's like a reality show, then we can think of almost every angle that we want to think about it.
Yeah, and it's like glorifying this gamblers, as they have been followed, then recorded and show to the world that maybe, just maybe if you bet your life saving, you can be this guy and win and double your money in a casino. But it's very wrong.
It's totally wrong but regardless of that whether it's for the show, there are real life gamblers that can do this easy.

But never in my whole life that I am going to bet to something that will change my life forever negatively with my life savings. If it's the opposite then that I'd bet for it if the conditions are favorable to me and if they're going to give me that benefit.

Lucky for the guy that made it and I don't think that there's another story behind the reel but I'd lean on the story about it being a "reality" show.

We will not do that if we are in the right frame of mind. Yes, most of the time we take big risk, but I don't think that I can take the risk what this man this, his whole life savings. Nah, I will think of my family first before I can do that. And 100% the answer will be is that my family is more important I wouldn't go that far because once the result is not in my favor, not only me, but my wife, kids will also suffer and I don't want that to happen.
I know right, we won't be betting all of our life savings just for a spin of roulette or even a dice or even with the favorite clubs and teams that we're following in sports.

That's just the craziest thing that I might do but never in my entire life and in second life will do it.
602  Economy / Economics / Re: Do you believe in savings or investment on: March 15, 2024, 09:19:04 PM
Well I think having savings saved up is more important then a investment. There is times is our life when we need money to have basic things like food, clothing, and shelter.
That's true but I disagree about it being more important than investment. We can compare a situation like we've been holding bitcoin as this is considered as an investment than we choose to save money in the banks or wherever you are saving your fiat.

It is only a good idea to invest if we can afford to lose those funds. There is no way to make sure we get good profits from a investment. But having a savings we know our funds are safe and we can use them when we have to.
This is also true.

There is no guaranteed cash back in investments and it's like a gamble but once you're able to see that there's an opportunity within, you're going to get as much as you can and will get addicted to it than saving.
603  Economy / Gambling discussion / Re: A Man bet his life savings on 1 spin of Roulette on: March 15, 2024, 08:49:24 PM
If it's like a reality show, then we can think of almost every angle that we want to think about it.

But never in my whole life that I am going to bet to something that will change my life forever negatively with my life savings. If it's the opposite then that I'd bet for it if the conditions are favorable to me and if they're going to give me that benefit.

Lucky for the guy that made it and I don't think that there's another story behind the reel but I'd lean on the story about it being a "reality" show.
604  Bitcoin / Bitcoin Discussion / Re: I've projected my holding after this bull run. what's yours? on: March 15, 2024, 08:20:09 PM
Everyone has the same plans as we invest in Bitcoin. We buy BTC, hold and then sell if you need that in fiat.

But what I can say is that the majority of us don't have plans yet and we don't know what to do if we ever get into that point of our lives that we've been in crazy profit.

Those that don't have plans yet, they'd just wait because this is a long game and you'll definitely change your life upon looking at that point of your life when you held Bitcoin while the others don't.
605  Other / Off-topic / Re: Taking profits vs bitcoin value on: March 15, 2024, 07:48:27 PM
Hello. Let's say that I own .25 bitcoin (1/4 slice). I bought it at a low price US$16,000. The price rises to US$64,000. I want to take a portion of my profit, say US$100.00 for example. Question: Does my slice reduce after taking the US$100.00 profit or does it remain at .25 ?
You have to sell a portion of it and that's why it's going to lessen the 0.25 BTC that you're holding.

But don't mind about the slice that you're going to get from it because you're in profit already.

at current preev rate
OMG, I didn't realized they're back.
606  Other / Off-topic / Re: If you are becoming a billionaire in 2025,buying a large ship should not be goal on: March 14, 2024, 11:42:45 PM
Those are the works of a philanthropists.

I can do whatever I want with that much money and that's for sure, to give back to the community to the best that I can and in the capacity that I can.
that is a good attitude mate , you are so kind that you wanted to extend hand for the community instead of just spending the coins yon your own.
Because I've been there in the lowest and that's why if I've got some extra, I would give back if I can but of course. I have my own standards too on who are those that I'll be giving mine.

Quote
But if someone is wealthy, they're the ones to take care of their wealth and can decide whether to give back or not. They're not obliged at all but they're free to do it if ever they want.
this is the difference between those riches that comes from poor family than those who are born with silverspoon , because we wanted to help the community .
Yes, giving back to the community is what it is because they've experienced the toughness of where they've been before.

Quote
It's part of my plan but it's better to just keep it to yourself whenever you do a good thing whether soon or in the near future.
being a silent helper will bring you blessings in the future than those who are helping in front of camera .
I agree, sadly, many content creators have been doing poverty porn and they make money out of it. That's why if I'll be giving back to anyone, it's best to just stay silent and let the Creator return the favor to me.  Smiley
607  Economy / Gambling discussion / Re: Sports that you don’t watch but you keep placing bets on: March 14, 2024, 10:56:28 PM
I’m always betting on NBA without watching it. I’m just relying on the stats on the team prior to their upcoming matches to have a better understanding on how they can perform against their current opponent. I only watch NBA occasionally since it’s not available on free tv channels in my country so I’m just relying on highlights on the internet to easily catch up to the team performance.

I occasionally bet too on baseball and cricket even though I never watch any of this game before. This is part of having fun when I have extra dollars remaining after placing my main bet.
I do this as well.

Although I have my knowledge about basketball and the league itself, it doesn't mean that someone who doesn't watch the game don't have fully knowledge about it.

But because of hectic schedules and unforeseen timings, we don't have to watch the game but we like placing some bets when we know who's likely to win the game and if the odds are good.
608  Other / Beginners & Help / Re: excited to join this forum on: March 14, 2024, 09:56:57 PM
Hello Alec, welcome to this great community.

If you can start out some discussions that you think that you can share, it's better to share knowledge to everyone that might be interested into the same tech that you're enthusiasts of (outside crypto/blockchain).

To the other newbies that have joined the forum recently, I do hope that all of you enjoy your stay and we're all on this bull run together although it won't be that long as it will be followed by you know what's next but that's a different thing to discuss.
609  Bitcoin / Bitcoin Discussion / Re: 4 Years ago people laughed at me bcz of THIS on: March 14, 2024, 09:22:22 PM
In early days of Covid I wrote this: Everyone laughed at me  Btc was 3k$.
There is no covid yet on 2018 when that's the lowest price of BTC after hitting its former ATH of $19k-$20k.

But this is not something we need to debate because 1 BTC = 1 BTC.
I agree but people like him will like to boast again when BTC gets to $100k and more. That's like a revenge again to him if ever he's really an enthusiast and have told people to buy when it was so cheap.

But to be honest, there's no need to be like and just mind your own holdings and get rich when you're able to sell at the right time. As most of us here don't have exit plans and unlikely to sell all of our holdings.
610  Other / Off-topic / Re: My bank brings in QR codes on: March 14, 2024, 08:43:50 PM
It should be just an option. Because not all users are convenient with that type of accessing your bank accounts through a qr code.

It's still best to have the traditional method so that those users that are not techie will have their options as well. The banks are surely considering all the options on how someone can access their accounts easily but with added layer of protection and security.

And that is because most of the hacks are happening in the financial sector through the banks.
611  Economy / Gambling / Re: How Crypto casino market themselves? on: March 14, 2024, 08:11:42 PM
Right.

One thing that many of the casino builders and business enthusiasts forget about maintaining the website's traffic. They think that just because they have established it, it ends there.

No, it doesn't end there and that's just the start of everything because maintaining, attracting and operating the casino are the hard things that they need to consider before making one.

The good thing is that the moment they start forgetting about bringing new traffic and eventually converting such traffic in new clients is the moment they start being at risk of shutting down, since there will inevitably be some clients that will leave the site and search for something different. A client has a certain duration and a certain average life-cycle value, you need to get new ones all the time.
That's true.

Not all customers are going to stay on the casino for so long especially when you've just launched the casino recently. Majority of the customers are just into trying out the new ones.

But then, they'll eventually be back to the former casinos that they've been trusting for a long time when they've seen nothing new is there to that newly operated casino.
612  Other / Off-topic / Re: help me get my rights on: March 14, 2024, 02:24:58 PM
Transactions are irreversible and if you're looking for a hacker here, you'll never get one. In what kind did that guy took your litecoins?

Did you get scammed? Sadly, there's no way to retrieved that unless that person volunteers to return it back to you which I highly doubt and unlike to happen.

Sorry OP about your loss.
613  Economy / Gambling / Re: How Crypto casino market themselves? on: March 14, 2024, 01:34:41 PM
Check the big brands, they're still marketing and that's why if the new ones don't have to market themselves, they're going to be gone on this competition too early.

That's what makes the bigger brands stay in the market for so long. With the trust and reputation they build over the period of time, they never stop marketing their own brands because they understand that the competition is getting tougher.

Those that stops with marketing gets dissolved a little by little and being overtaken by the ones that keeps it continously.
You are very correct, this days, building a business like an online gambling casino is no longer an issue, as within a few hours, it's very possible to have an online casino up and running, but the main issue or struggle for most now is on how to drive traffic to the site, and this harder to achieve as each day breaks due to the growing competition, and because of this, any casino that is really serious about their long term existence mustnt joke with marketing.

Personally, I've discovered that promoting a business consumes more resources, more time and money than it takes to start the same business, because marketing doesnt only earn the casino or generally speaking (business) customers, but it also helps them stay relevant in the industry, helps build their overtime reputation in the industry and so on.
This is why even casinos that have gotten to the top will not stop marketing, because the moment they stop, they start losing customers, and not just customers, but they also start losing their relevance in the industry, regardless of how much reputation they have built and earned over the years.
Right.

One thing that many of the casino builders and business enthusiasts forget about maintaining the website's traffic. They think that just because they have established it, it ends there.

No, it doesn't end there and that's just the start of everything because maintaining, attracting and operating the casino are the hard things that they need to consider before making one.
614  Bitcoin / Bitcoin Discussion / Re: Will Blackrock control BTC? on: March 14, 2024, 12:32:34 PM
They're more into the actual holding of more supplies than ever and it has been planned by them. They'll start to have big influence over the market by doing so.

I'm afraid that this might result into actual manipulation where in we've been talking about manipulation years ago and now this might come into reality that we know some institution that can actually do the thing.

Like someone who actually gets this, very soon it would big players vs retail investors and I Don think we have that power to play that game, they could cause a dip that can shake everyone's hands and raise the price up so high, just by manipulating the supply and demand of bitcoin besides that have the quantity to do so.

The only way I see that this might not happen is if they are afraid to lose their holdings to other big players that would be more than ready to by what they have sold. That way we could have quite the balance but this would only work when they are two companies have equal shares of bitcoin or almost same amount.
What's good about this market is even if they send the market down, it will eventually going to recover. What I like about Bitcoin is its resiliency. No matter what they do to make the market dump, there's always the tendency that it will recover so fast.

We've seen it many times and that's why I am not scared with these institutions getting in the game because many have even thought of that long time ago when bitcoin was just nothing to most people.

Now that they're here, we can't do anything but to embrace the actual situation and changes.
615  Bitcoin / Bitcoin Discussion / Re: Biden resurrects 30% crypto mining tax in new budget proposal on: March 14, 2024, 10:54:58 AM
That's a lot. IIRC, just after his proclamation as the POTUS, I think there were talks about him getting some of his attention into crypto/bitcoin but this is what I am not expecting to come.

Since this is still a proposal, so I think that there's a big chance that it will be approved before the election on November.

There might be miners that will just say that they're not into mining so their electricity that's being used for mining won't be taxed if this becomes a law.
616  Other / Off-topic / Re: Mobile phone addiction on: March 14, 2024, 10:10:59 AM
-Approximately how many times do you check your phone a day?
Not that much but as long as I hear some notification of messages, that's when I typically check it.

-What is your advice to phone addicts?
Go outside and find some other ways of killing your time. There's more to life than screen time although it's really addicting and I've been there before but if you happen to have headache, then that only means your body is looking for outdoor activities for you to do other than browsing with your mobile phone.
617  Economy / Economics / Re: Do you believe in savings or investment on: March 13, 2024, 11:47:12 PM
What a coincidence, I've just watched some compilation videos of Robery Kiyosaki and one he said about saving is that, "we've been told to do".

We've been told to save, and then with that savings, we can invest that money in the stocks and let that money work for us and we'd be rich. Actually, that's what the society tells us to do and the banks run the world as he said.

I believe in both things because you can move freely and do whatever you want if you've got a nice savings and as well as investments that are growing in value like Bitcoin.
618  Economy / Gambling discussion / Re: Indirect victims of gambling addiction on: March 13, 2024, 10:54:23 PM
Theoretically, it seems impossible to monitor children's behavior throughout childhood until they reach legal age, but we know that every person is subject to the influences around him. It would be better for that environment to remain free of people addicted to any habit.
Still as parents, we have t oget some of those moments that we get to monitor them secretly or publicly.

It's true that the main influence is with whom they are always with. And we have to protect our children from these people who are addicted in gambling because they might also be influenced by them.

Kids are easy to be influenced, having some simple talks and encouragement and they will believe quickly.
619  Economy / Gambling / Re: How Crypto casino market themselves? on: March 13, 2024, 10:23:53 PM
You cant really just that plant your business and let it work and assume that it would really be that enough for you to be able to succeed on which just been like said
that you would really be needing up with those other considerations for you to be able to sustain yourself into this industry because we know that competition is high
and its just normal that you would really be aggressive when it comes to marketing.
Check the big brands, they're still marketing and that's why if the new ones don't have to market themselves, they're going to be gone on this competition too early.

That's what makes the bigger brands stay in the market for so long. With the trust and reputation they build over the period of time, they never stop marketing their own brands because they understand that the competition is getting tougher.

Those that stops with marketing gets dissolved a little by little and being overtaken by the ones that keeps it continously.
620  Bitcoin / Bitcoin Discussion / Re: Will Blackrock control BTC? on: March 13, 2024, 09:48:55 PM
They're more into the actual holding of more supplies than ever and it has been planned by them. They'll start to have big influence over the market by doing so.

I'm afraid that this might result into actual manipulation where in we've been talking about manipulation years ago and now this might come into reality that we know some institution that can actually do the thing.
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