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621  Economy / Gambling discussion / Re: Does match fixing concern you often? on: December 18, 2023, 01:03:28 PM
There have been rumored that sports fixing are happenning in major sports like NBA, NFL, and MLB. As a gambler, you have to be aware of this so you'll be able to choose the right side. You know, where's a line that is too good to be true, you better be careful with that as that could be a trap and it's design to attract public bettors to put their money on the obvious line, but in reality, it's the other line will win.

On major sports, it's not proven yet but there's this ref in the NBA before that was jailed for game fixing, so just think this way, if you have a wild imagination, you could think that he was just a fall guy and it's really the organization that are making orders in all of this to happen.
Not really that much or rampant comparing on smaller leagues.

You can say that if your basis are those that are caught which usually from small leagues only. Major league games have a bigger stake on them, so they wouldn't allow to publish that their games are fix as that would ruin their reputation, we are talking of a billion industry here, so that big amount of money are at risk.

On major leagues, all we can do is just to speculate as nothing has been proven yet, or if there is, it's just an isolated case, not really the league itself are involve.
622  Economy / Gambling discussion / Re: Does match fixing concern you often? on: December 18, 2023, 10:24:53 AM
There have been rumored that sports fixing are happenning in major sports like NBA, NFL, and MLB. As a gambler, you have to be aware of this so you'll be able to choose the right side. You know, where's a line that is too good to be true, you better be careful with that as that could be a trap and it's design to attract public bettors to put their money on the obvious line, but in reality, it's the other line will win.

On major sports, it's not proven yet but there's this ref in the NBA before that was jailed for game fixing, so just think this way, if you have a wild imagination, you could think that he was just a fall guy and it's really the organization that are making orders in all of this to happen.
623  Economy / Gambling discussion / Re: 2023 NBA Season on: December 18, 2023, 09:36:51 AM
The Boston Celtics are the first team to reach 20 wins this season by successfully and easily beating Orlando Magic and this will be a message for them and a chance to improve their play because there will be a higher chance that they could meet up in the NBA playoffs and the same scenario could happen unless they find a way to stop Tatum and Brown offense. Just like that, we are now a few months away from NBA all-stars week, and after that, the real game begins for the playoff teams.
Yes, we are in a time of the season that we can have quite a clear view on the teams and how their season can finish. And Boston made a clear impact. The team has a stronger starting 5 than we have seen in the nba for a long time. I don't think there could be many better starting 5s in today's cap conditions. If lillard-giannis duo doesn't work out, they'll win the east probably very easily, they're too strong. They still need a leading, veteran scorer on the bench. If they add a veteran player who can score when the game gets tight in the playoffs, it's a done deal.

Yes, so far the Celtics are the most consistent team in the East now. Among the 3 teams, (Celtics, Bucks, and Sixers), It's the Celtics that will likely win the competition, but only if we are not including other teams such as the Miami Heat. The good thing with the Celtics this season is that they made a great changes on their line up, adding Porzi was a good thing as they were able to acquire additional size and offense from him, and good thing also because he is a good team player.

As we can see ; https://www.basketball-reference.com/players/p/porzikr01.html... his average have dropped compared to last season but his impact to the team is very positive, so I think Porzi probably had found a team that could give him the ultimate success in basketball, and that is to win a championship.
624  Economy / Trading Discussion / Re: The best decision you can take on: December 17, 2023, 11:06:15 PM
Staying off is the best we can do, when not sure.
You said it right.
That's the best thing that we can do when we can't make decisions right or we have been losing a lot. There's no way for us to keep going when your trades are not doing well.
Accept the fact and the scenario and just move on, stop and stay off from the market is the best idea that someone can make when he can't bear all the losses he's been doing.
Just accept the fact that we can't trade all the time and stay in profits. There's always the good times to invest, as well as bad times to invest and when it happens, try to control your greed and just stay off in the market when it's the best thing to do. Otherwise, trying to pursue trading in the market despite of the bad market condition will only put your trades into losses, thus losing your future profits in trading.

Staying off in the market at some point is sometimes necessary for traders. That is also one way that we can take rest from trading most especially when we are still struggling to learn trading.
625  Other / Beginners & Help / Re: How can I start investing in Bitcoin? on: December 17, 2023, 09:43:36 PM
Can someone please guide is it a good practice to start investing in Bitcoin in this upcoming January-2024?
Well investing into bitcoin is always profitable, regardless of its price and time to invest. Even when bitcoin price is at its peak, I'd still think that bitcoin investing is still a wise idea, as long as you hold it for long term without getting tempted to sell at a loss price.
626  Bitcoin / Bitcoin Discussion / Re: You must have a source on: December 17, 2023, 08:47:08 PM
Any investment that you aim to succeed needs a sustainable amount of income for it to grow. Same like long term hodling, if you don't have current source of income that will provide you with all your needs, then hodling any investment will be useless because believe me, sooner or later, you will be force to sell them to prioritize your needs over your investment. Most especially if you have a family to feed, it's very important to have a stable source of income, so that your investment will never be touch and will continue to rise and grow in time.


Having a stable source of income is always vital. If you can't have that, then forget about investment but focus first on how to look for stable job that will finance your family and your investment.
627  Economy / Gambling discussion / Re: Prove me wrong: Gambling is both more relaxing and entertaining than trading! on: December 17, 2023, 11:38:04 AM
I think gambling's way more fun than trading.  When you gamble, you can just relax and be entertained without worrying too much.  But trading requires research and discipline - not as fun.  Before you start trading crypto or buying and selling coins, you really should understand what you're doing and study the market so you don't lose money.  Gamblings more of a recreational thing where you're fine with taking risks and losing a bit. Trading seems too serious in comparison


In trading you will have to study, so it's quite boring as you'll feel the school scenario. Unlike with gambling, just learn the game and you are good to go. Most of us doesn't make research, we just gamble relying on luck, that's why it's more suitable for us when we are looking for entertainment.

Although at some point it could also be stressful, especially if we are losing big money, or we loss control, but with trading, you'll feel the stress and pressure on a daily basis if you do day trading.
628  Economy / Gambling discussion / Re: [Boxing] Jake Paul vs Andre August - December 15th in Florida on: December 17, 2023, 05:54:56 AM
Props indeed to Paul for winning the fight in the first round. Not special though.
People doesn't care beccause in the first place this fight does not gain hyped compared to his previous fights.
Probably people got fed up already with him cherry picking his opponents just for them to look good and win easy fights, and this happened as expected.

And this last one isn't any different. It remains a cherry-picked opponent. Perhaps the only difference is that in the past Jake Paul used to cherry-picked those who are old yet popular, those who are worthless inside the boxing ring but have solid names and have a huge following. Now it's a cherry-picked opponent who hasn't proven anything yet. It's hard to tell whether the choice is becoming better or worse.


We can tell based on how much that fight has generated in terms of revenue, and since it's not a popular fight, it was probably the the fight with very few earnings compared to his past fights. With that if true, I think he would try to find a worthy opponnent next time, a fighter that could bring up some hype and that he could also be confident to beat, so it's a win-win for him padding his record and increasing his earnings.
629  Economy / Gambling discussion / Re: Are you confident betting on handicap for heavy favorites or heavy underdog? on: December 17, 2023, 04:35:24 AM
Let's say the handicap is -6.5 or more, which do you prefer to bet on, the favorites, or the underdog?

As we know, every gambler have different strategies in sports betting, they woudl stick to what they are comfortable with and that they think would give them a success in the long run, so this thread is some sort of a survey, maybe newbies or those who have been struggling to find the right strategy might benefit from this.

What can you share based on your experience as well, between the two, which one you have more wins and you find an effective method in your sports betting venture?

It's really hard though, and you really need to take into account the underdog in this game and while the game has that kind of spread. So for me that's the first thing that I look and based on my analysis, if the favorite can cover that then I will go and bet on it.
You need to have a confident with your bet as high spread can be seen is a "hard to cover" bet.
When a team is so good and usually win by a huge margin, bookies would also consider that in making the line, so everything is fair on both sides, it's now up to us if we still believe and would be hopefully they'll conver.

The point here is not whether they'll win or lose, it's if they could cover the spread.


For example today's game the Bucks vs Pistons. Pistons has been in the losing streak and if I'm not mistaken the handicap started at -10.5 or even higher. So you think why the spread is that big, and can the Bucks covered it? But if you carefully look at it, yes, there is a high chance that the Bucks can win in double figures and that's what they did today, as it was a complete massacre, 145-114. Same with the case of Sixers, who in the 3 to 4 games have had double handicap in the beginning, but they keep on covering it. Today they beat the Hornets, 135-82.

Both teams with high spread were able to cover the spread today.

Bucks was -16.5 against Pistons, and Sixers was -12 against Hornets, they (the favorites) covered it easily.
630  Economy / Trading Discussion / Re: What you need to know about trading on: December 16, 2023, 10:50:38 PM
What people need to know about trading is that it can never be the same like gambling. The whole vision of trading is totally different from gambling so one should not trade without knowledge in trading because it will only end up like you are gambling. And yes, trading is not all the time a bed of roses that gives you comfortable and luxurious life, but could be the only reason that you will lose all your hard-earned money and see you end up living in streets.

But the best part in trading, if you do it with passion, patience and developed skills, trading will let you experience the best life ever as it will give you unlimited profits through skillful trading.
631  Economy / Gambling discussion / Re: [Boxing] Tyson Fury vs Oleksandr Usyk - February 2024 in Saudi Arabia on: December 16, 2023, 07:07:45 AM
Sorry but I think Usyk was just hype. Fury hasn't been active recently so the attention was focus on Usyk, but if we look at the boxers that both have previously defeated, you can see that the quality goes to Fury. The odds says it all, Fury is a slight favorite, however, I think that's quite undervalued because of his performance against Francis. Don't be deceive guys, Fury is gonna win this fight via domination again, even if Usyk would be able to throw a lucky punch that will put Fury on the canvas, Fury's always gonna rise and win the fight.

I agree that Usyk was just hype and Fury will dominate him on the ring next weekend. The good thing about Fury is that he always rise up after being down on the canvas so if that Hail Mary shot hit Fury, it would not damage him but i think Fury as always will be clever here, he would use his height and weight advantage to tire Usyk out and maybe KOed him in the championship rounds.

Usyk isn't a heavy puncher, based on his record, he has 14 KO from 21 wins, so I'm sure Fury will be able to survive in case he'll get Knock down as he was tested by Wilder before which was a 100% KO artist. The chance of Usyk winning here is to use his quickenss over Fury, he is smaller so I pressume that he is quicker, and hope that the judges will favor him at the end of the fight.
632  Economy / Gambling discussion / Re: 2023 NBA Season on: December 16, 2023, 06:45:49 AM
Brunson has a history night as his team beat the Suns on their home court.

Brunson sets records from deep, drops career-high 50 in Knicks' win

He's not missing 3 point shots, he was 9-9 beyond the arc and the major reason why the Knicks were able to route the Suns. If he gets going like this, I believe the knicks will be a legit team in the playoffs, I mean, he should shoot more as his shot selection are very accurate.
633  Economy / Economics / Re: Bitcointalk as a means of Job & Wealth Creation for Youths in Nigeria on: December 13, 2023, 06:09:58 PM
Not only that, with the help of bitcointalk forum, youths will likely to be more educated not just with bitcoin but even to the global news and events as this is also being discussed in the forum. That way, committing crimes will be lessen and discouraged because the youths have already diverted their attention into gaining new knowledge in the forum.

However, bitcointalk as a means of job and wealth creation is not only experienced with Nigeria but even to a lot of countries as well where participants residing from. Although it could not be considered a real and stable job, but it certainly makes a difference to those who are gaining knowledge and income from the forum.
634  Bitcoin / Bitcoin Discussion / Re: Young student teaching his classmates about Bitcoin on: December 13, 2023, 05:32:59 PM
Bitcoin education should be perceived at all levels without any age barriers on it regardless of being adult or children, it's something encouraging to see that a young boy will be interested in teaching his fellow students in school, i will also say this that the school authority have been so linient and kind in allowing for this to take place because he couldn't have achieved this without the support of the school management giving him permission for doing that.
Whether the people will accept it or not, but bitcoin is here for good and it continually grows and progress with time. So it should be taught at school where foundation of learning begun. And just like fiat, bitcoin will become our daily currency in the future, so children at a young age should be aware of that and should be educated about bitcoin so they can also educate their siblings at home.

However, I should say this young boy has definitely a bright future with bitcoin. If he will be guided properly, he might also be a good trader and successful investor in bitcoin in the future, who knows.
635  Economy / Trading Discussion / Re: Correction is possible in bitcoin price? After 40,000$ on: December 13, 2023, 08:23:16 AM
Bitcoin prices have been on the rise for the past two to three weeks, with no significant correction observed during this period. Currently, the bitcoin price hovers around $39,300. The surge in bitcoin prices can be attributed to the news of ETF approval circulating in the market.

However, what is your opinion? Do you anticipate a potential drop in the bitcoin price, revisiting $30,000 after reaching $40,000, or do you believe it will continue its upward trajectory towards $50,000?
With how ETF approval news has made the market very bullish, plus the upcoming bitcoin halving, I guess its hard to expect for a correction these days. Most probably majority of the coins will move upward, and bitcoin will surely lead the rise. That's how I see the market will be in the next couple of days.

However, bitcoin's volatility cannot be prevented nor controlled. There might still be an incoming correction but we don't know when it will hit bitcoin and the market, it might be before ETF approval or after the event.
636  Bitcoin / Bitcoin Discussion / Re: Who is wiser? on: December 13, 2023, 07:49:50 AM
At the current market condition and having bull run in mind, these persons have $10,000 to invest.

  • Mr. Bob goes 100% with bitcoin.
  • Miss Alice goes 50% bitcoin and 50% random altcoins.
  • Mr. theymos goes with bitcoin but $100 weekly DCA.

Let's see how Mr. theymos do DCA. He invests in Bitcoin 100 USD every week and to reach 10,000 USD it takes 100 weeks or 1.9 years, which means he will likely miss the opportunity for higher profits in the bullrun. Or Miss Alice, she only invested 5000 USD in Bitcoin and the rest in altcoins, she also won't be able to get maximum profits on a bull run if that happens in the near future.
I would say that Mr. Bob is the wisest of the three people. The reason is simple, Mr. Bob realizes that a bull run is about to occur, and Mr. Bob did a lump sum - buying a large amount of Bitcoin and holding it until the bull run occurred, at which point his chances of making more profits were much greater than those of the two people.
I would agree that Mr. Bob is the wisest because there'll be massive profits in store for him, but I don't think in reality a professional investor will decide to do that, unless if you see that amount you can easily afford to lose. Most of us will surely follow the strategy of Mr. Theymos since its more practical and we can still make huge profits years after hodling, but for certain we can't make the most of our profits with the near approaching bull run.

At the end of the day, I will still prefer to imitate Mr. Theymos strategy because for me, that's what a real investor's right mindset.
637  Economy / Gambling discussion / Re: Do you wrap up your gambling session? on: December 13, 2023, 02:21:53 AM
Depending on a certain type of game, if it's poker or any casino games, I can wrap that up every gambling session.

However, if we are talking about sports betting, I'm more into long term, like at least 6 months before I could wrap things up. And just like every gambler who aim to have success (not just for fun), I'm hoping I'll end up with a profit as that would only be the thing that could bring a smile in my face.
638  Economy / Gambling discussion / Re: 2023 NBA Season on: December 13, 2023, 01:54:11 AM
The Lakers seemed to be having a bit of hangover after winning the championship in the in season tournament.

They are down 10 points now against a Irving-Less Dallas Mavericks.
I hope they will comeback in the 2nd half and win this game.

BTW, I've taken them live with an odds of 3.06. Good luck to me!
639  Economy / Speculation / Re: So I guess we sell at $48626 ? on: December 12, 2023, 09:19:48 PM
Sell at $48626?

That's silly. Keep buying and sell only when necessary. Take your profits in Bitcoin.

"Technical" analysts may see Fibonacci. I see the price tripling in the 2023 calendar year.
If you don't have anything to use with your bitcoin, then continue to buy more and hold more. For now, patience is a very crucial factor. You have to be very optimistic with the market so that your motivation to buy more will even grow because that's the right thing to do. We are going to see Bitcoin halving few months from now, so we need to prepare for that and by maximizing our purchase these days will only contribute to what we deserve to reap when bull run comes.

But this is also case to case basis. If you are in need of your money so badly, then selling could still be reasonable but never spend all your profits but invest again when you see bitcoin price starts to drop its price.
640  Bitcoin / Bitcoin Discussion / Re: The risk and reward of having Bitcoin on: December 12, 2023, 08:33:45 PM
There's nothing worth having that won't require you pay a little price. In every business, there's the certainty that there'd be ups and downs and Bitcoin is no different. Only, you have to invest with what you can afford to lose. For some, the idea of Bitcoin being volatile can be appealing because it can quickly surge after it most have gone down but some too afraid to involve themselves and these group are mostly those have the mentality that it's a get rich quick scheme that has no downside.

 Then again before involving yourself in any kind of business,it's necessary to DYOR so it can help prepare you for what you are getting into. Just as the op has stated about the risks, there are many more and I'd like to include FUD as one of the risks because when you entertain such, it will make you miss out.
In order to see your investment's success, you need to pay the price first. That is dealing with the risks and continue to defeat them, if not at least learn to manage them. With bitcoin, a lot of risks and disadvantages are being said, but a lot of us here would still want to continue investing in bitcoin because of how promising it is and guaranteed profitable if you'd only know how to deal with it.

Most likely, those who have high risks are also known to give the sweetest fruits in the end, and bitcoin is a valid proof for that. That is the reason why even if other people see bitcoin as a get rich quick scheme, as a tool for criminals or a threat to the government, still bitcoin enthusiasts continue to trust bitcoin because of its high yielding rewards and profits.
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