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761  Economy / Gambling discussion / Re: Sports betting strategies on: November 14, 2023, 05:31:34 PM
I have thought about being more active with gambling in this manner.  I do a decent amount of sports betting in general, but I typically bet before the games and not during.  I will however bet live at times when I think a team scores first and gets lucky, as I don't think they'll keep it up, so placing bets after the first score is something that I try and utilize, but not as often as maybe I should.  Other than that, I get a bit spooked with betting live.
762  Economy / Gambling discussion / Re: What percentage of bitcoin investors are gamblers ? on: November 14, 2023, 05:28:39 PM
I would say that 10-20% is a pretty accurate guess.  I know that bitcoin changed the gambling game for me entirely.  I use to use a buddy as my bookie until he decided to give it up.  I think didn't have any way to gamble as I didn't trust checks from overseas companies.  It somehow took me a little while to realize bitcoin was being utilized as a currency for gambling, and I jumped right back in.  Love the combo of gambling/bitcoin.
763  Economy / Gambling discussion / Re: 🏈🏈 The American Football Discussion Thread 🏈🏈 on: November 14, 2023, 05:26:36 PM

At least Arthur finally gave him a sizable workload, I think he had like 22 carries.  Of course that has to do with the fact that they were up or close to being up the whole game.

@everyone. How are the injuries on the Broncos' secondary? I think if they are 100%, Russell Wilson and the Broncos might win +7 against the spread vs. Josh Allen and the Bills. Josh Allen is also not anymore the yearly MVP candidate that we have witnessed for the last 2 seasons, I reckon.

@ChiBitCTy. Where is Justin Fields?

In any case, in the beginning I thought I would win. In the present, I know I will lose again on this week.

He’ll be back next Sunday when they play the Detroit Lions at their house. I think he wanted to play this past Thursday against the Panthers, but for whatever reason they decided to hold him out one more week.

Some decent games tomorrow. Can’t wait to watch the Texans Bengals to see how Stroud follows up that performance from last week.  Niners Jags is one heck of a game I’m really looking forward to. Browns Raves a decent one as well.  Sunday and Monday night games though, yuck.

The results of the games you mentioned are headshaking except for San Francisco vs. the Jaguars hehehehe. Also, the Bills which lost vs. the Broncos in their home stadium was not very shocking for me. I mentioned this last week and asked if there were injuries on the Bronco's secondary. This Josh Allen appears to have a minor injury, I reckon. This season he does not scramble very much like the seasons when he was speculated to be the next regular season MVP. I speculate that it might be his knee or his ankle.

I still can't get over Cincy losing to the Texans.  I know Stroud is starting to become one heck of a QB, but the Bengals losing to the Texans proves they are pretenders.  Also lost me a good bit of money as I was all over Cincy at -6.  Grrr
764  Economy / Economics / Re: India is the new economic leader of global south. And replacement for China?... on: November 12, 2023, 06:28:16 PM
One thing I know for certain is that I don’t trust the economic data that comes out of China. China constantly lies about their economic production, among all sorts of other economic numbers, and I simply don’t trust anything that comes out of that nation. They’ve had an economic issue with “ghost cities” for well over a decade now which is majorly hurting their economy and it’s something that aren’t super open about. I could definitely see India taking over in the east.
765  Bitcoin / Bitcoin Discussion / Re: Do you know about the first public servant paid in bitcoin ? on: November 12, 2023, 03:00:57 AM
It would be nice had you posted in some more information about this person, who they were, why they decided to go about being paid in bitcoin etc.

I also wonder things like why and how was his employer willing to pay out his salary in bitcoin. Also you have to keep in mind that most of the salary was spent to keep up with his monthly financial obligations..so that’s of course got to be factored in.
766  Bitcoin / Bitcoin Discussion / Re: Bitcoin is not perfect, and that's okay. on: November 12, 2023, 02:53:17 AM
I think the important thing to remember is that Rome wasn’t built over night. We all know this saying. This certainly applies to anything out there , as great things most often take time to iron out, so to speak. The great thing about Bitcoin and its blockchain is that they are programmable, therefore they will forever be made better, more up to date, etc.
767  Economy / Gambling discussion / Re: Ever heard about financing a gambler? on: November 12, 2023, 02:49:00 AM
There are definitely some professional gamblers that are good enough that have financial backers, though I’m not real sure how many are out there and how it all works legality wise. But I know if I had the extra money to help finance a professional gambler with a proven track record I certainly would. This is after all how some people make very good livings.
768  Economy / Gambling discussion / Re: 🏈🏈 The American Football Discussion Thread 🏈🏈 on: November 12, 2023, 02:46:22 AM
@everyone. How are the injuries on the Broncos' secondary? I think if they are 100%, Russell Wilson and the Broncos might win +7 against the spread vs. Josh Allen and the Bills. Josh Allen is also not anymore the yearly MVP candidate that we have witnessed for the last 2 seasons, I reckon.

@ChiBitCTy. Where is Justin Fields?

In any case, in the beginning I thought I would win. In the present, I know I will lose again on this week.

He’ll be back next Sunday when they play the Detroit Lions at their house. I think he wanted to play this past Thursday against the Panthers, but for whatever reason they decided to hold him out one more week.

Some decent games tomorrow. Can’t wait to watch the Texans Bengals to see how Stroud follows up that performance from last week.  Niners Jags is one heck of a game I’m really looking forward to. Browns Raves a decent one as well.  Sunday and Monday night games though, yuck.
769  Economy / Economics / Re: Being rich = not looking at price tag on: November 11, 2023, 02:15:21 AM
I was very lucky to have a father who taught me nothing but little life lessons growing up.  Whether it was little things or big, I was very lucky to be prepped the way I was.  I'll never forget us running in to one of his friends at the grocery store and having a brief convo with him.  Once his friend left I remember him telling me that the man was the richest man in the State.  He taught me how he didn't become rich by wasting money, and that even he saves up things like coupons.  That people didn't get rich by accident.  So OP you've got a very good point here.  People whom don't look at price tags end up becoming poor by being lazy and frivolous.
770  Bitcoin / Bitcoin Discussion / Re: How Would you Like Your Pension Paid in Bitcoin? on: November 11, 2023, 02:11:16 AM
I guess it's a nice though, but I wouldn't beat yourself up over this.  It doesn't matter if you knew about bitcoin at the time or not, bitcoin was never going to be paid out as your pension payment, or your pension turning over to fully being established with bitcoin.  I've not heard of anything of this sort happening anywhere in the world, and highly doubt they would have gone for it.  Bitcoin is still simply too new, and too much needs to happen in order for this to happen anytime soon..IMO.
771  Bitcoin / Bitcoin Discussion / Re: Whatever happens, hold on to your Bitcoin. on: November 11, 2023, 02:08:25 AM
I would agree that if a bitcoin ETF does get shut down for some reason that the last thing everyone should be doing is going out and selling theirs.  This is of course called "panic selling" and is typically always the wrong idea for "investors".  It would seem to me that an ETF is now inevitable, so if it doesn't pass this coming round for whatever reason, it's only a matter of time until it does.
772  Economy / Gambling discussion / Re: Question for those who loose too frequently in gambling on: November 11, 2023, 02:06:27 AM
I think it depends on what games people are losing with. Some times of casino or gambling games are where people expect to lose quite frequently.  Where winning is something not expected to happen often.  I would compare games like this to scratch of lotto tickets.  People tend to win just enough to keep them coming back.  Otherwise I don't think people would keep playing if all they did was lose.
773  Economy / Gambling discussion / Re: 2023 NBA Season on: November 11, 2023, 02:04:26 AM
I mean averaging 18.8 ppg and 2.4 blocks per game on your rookie year is still great. We need to remember that Wembanyama is having his first ever season, he is just a rookie, and it's his early games. He is not suppose to end up playing like a superstar right away, he could be just very well doing fine, and that is understandable and there is nothing wrong with that, as long as the dude is making sure that he stays healthy, I would consider that a win for him.

By my metric, anything above 15ppg, or even if he is closer to 20ppg like right now that's better, and anything above 2 blocks per game, with about 70 or more games played, is a rocking awesome rookie year. He can get a lot better later on, I think it's about year 5 when they start to actually be a superstar. Up until that point, they try to build their body to withstand 82 games, or at least as much as possible, some like AD never achieve that Cheesy. So if Wemby could get there, then I expect year 5 to be the "superstar" year.

Yep, Wemby has really good and promising stats, considering he's still a rookie in the NBA. In general, I agree that it takes about 4-5 seasons or even more for a promising player to progress from a rookie to a superstar. However, some players are exceptions in this regard. For example, LeBron and Durant actually became superstars during their second/third seasons, and Rose was able to become MVP after his third season.
Will Wemby have a chance to repeat the accomplishments of these guys? Sure, if he doesn't get seriously injured.

I don't think it will take four or five seasons for a guy of the caliber that Wemby is to get things going.  I've seen a lot of basketball over the years, and typically guys that heralded and with that much promise get going earlier than most will.

I'm just excited to see someone that tall being able to run up and down the court normally.  Back when guys of that height could hardly make it up and down the court.
774  Economy / Economics / Re: How Much Does Food Cost in Your Country? on: November 09, 2023, 10:59:16 PM
I want to know about the cost of living and average income in each country. Can I ask that here?

For comparison, may I ask how much a standard meal in your country costs for one meal? what is the standard food menu? What is the average monthly and annual income in your country? Please those who answer can use calculations in USD

Note: I don't need the tables issued by the government because they are usually different from the reality on the ground

Here in the United States the average cost of an average meal differs a good bit.  It really depends on what type of meal you're looking for.  Also, are we speaking breakfast, lunch or dinner? 

I would say on average a breakfast costs around $5-7, lunch around $8-10 and dinner around $15 or so.  Now this differs greatly depending on where at in the country you plan on getting the meal from.  A dinner downtown chicago will cost a heck of a lot more than one in say Carbondale Illinois, a small little college town. 
775  Bitcoin / Bitcoin Discussion / Re: what if bitcoin becomes inferior on: November 09, 2023, 10:55:57 PM
I have always left in the possibility of bitcoin becoming an inferior coin and have always been on the lookout for such.  I think that it's entirely possible that bitcoin become a "lesser" coin, but I honestly don't think it's going to happen, or happen anytime soon.  The beautiful thing about the bitcoin blockchain is that it's programmable, and that changes can be made to help it keep up with new and innovative ways to run the blockchain.  Otherwise I would say there's no question that bitcoin becoem inferior to another plan.  Bitcoin also has the "first mover" advantage and that goes a long ways.
776  Economy / Gambling discussion / Re: how to start betting on sports? on: November 09, 2023, 10:53:05 PM
If you aren't in to sports, than I wouldn't suggest or recommend betting on them, otherwise all you're simply doing is making a guess, and hoping for the best.  You'd probably be better off playing roulette or something similar.  For me, even though I know NBA and MLB quite well, I don't know either sport as well as I know NFL football, so therefor I really only bet NFL football for the most part (some MLB and NBA here and there but no much). 

I lose money to easy betting the other sports I don't know as well.  So, I just wouldn't bet sports until you get to know them better.
777  Economy / Gambling discussion / Re: Greed or risk on: November 09, 2023, 10:50:08 PM
I saw this image below on one of my friend's WhatsApp statuses earlier today. I don't know if the game was played by him or if it was an image saved from somewhere, but the image got me thinking, and we got into a debate because of that.
 
I was telling someone that if I'm the one to have such a slip and the game is already showing me to cash out such an amount of money, which is equal to $865 based on our local exchange rate, seeing such an amount as cash out available and leaving it will make me appear like someone who is too greedy, but the guy was telling me it's not being greedy but it's all about taking risks. The debate didn't end well, so I decided to bring this up here to see the responses from experienced gamblers.
 
Lucky for anyone who ever has that bet slip, it seems like the game played in his favour.


I don't really see how an initial bet could be considered greed. I agree with them that it's really about risk and not greed. I guess you could view a bet as being greedy if lets say you placed a large bet and won a bunch of money and then all of a sudden that person decides to place another bet, one they had not planned on making, and one they weren't really prepared for, but were "greedy" having won a bunch of money just recently and thought that their hot streak/good luck would continue just because.  Now to me, that's greed.
778  Economy / Gambling discussion / Re: 🏈🏈 The American Football Discussion Thread 🏈🏈 on: November 09, 2023, 10:47:31 PM
Man if I am a Carolina Panthers fan, I'm hating my GM.  I saw Stroud as the #1 pick before the draft and it certainly seems to be playing out in that manner.

I recall that one quote from Frank Reich couple weeks back implying he didn't want Young:

source: https://athlonsports.com/nfl/frank-reich-troubling-admission-panthers-ownership-david-tepper
Quote
"There's different philosophies in ownership," Reich began. "Some owners kinda stay away and don't engage a whole lot, other owners do. [David Tepper's] philosophy is he's going to engage."

It's a bummer to have Stroud on my bench only to cover for Lamar's bye week, like everyone else has noted, kid is having a great season.

Yeah but it's not up to Frank Reich to make that decision.  I'm sure he probably had his say and they took his feelings in to consideration, but it's of course up to the GM..unless the GM is a bit held back from ownership.  Not sure how things run in Carolina to be honest.

What a banger of a game tonight ya'll..my Chicago Bears versus the Carolina Panthers.  Woowee this is going to be horrible lol.  I just actually want the Bears to win for once, a win put's us in better contention for the overall first pick next year.
779  Economy / Economics / Re: AI will put an end to work, says Elon Musk on: November 08, 2023, 10:40:43 PM
Oh good ole Elon Musk, talking out of his ass per usual.  I hope that I'm not alone when it comes to knowing that this man is completely full of shit and talks out of his ass constantly. 

That being said I do agree with him that AI will become a threat to many aspects of our life.  That being said true AI hasn't been created yet, so we shall see where things land as "AI" turns in to AGI.  When it becomes self learning, then the game will really change.
780  Bitcoin / Bitcoin Discussion / Re: Bitcoin is the Choice of Investors on: November 08, 2023, 10:38:03 PM
I've owned a few share of ARKK for a little while now.  It's been performing horribly over the last year or so.  I have left my money in it but probably will dump it here before long.  So I guess what I'm saying is I'm not sure I trust her judgement.  However I do agree that bitcoin is becoming a better asset/hedge etc as time has been going on when ETFs start to be issued here, I can see things really taking off.
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