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781  Bitcoin / Bitcoin Discussion / Re: Will Bitcoin EFT income reach BTC 100 thousand dollars? on: October 22, 2023, 07:31:31 PM

In the early days of September, well-known cryptocurrency expert Lark Davis commented that the approval of the spot Bitcoin ETF could increase the price by 350%. Matrixport, the cryptocurrency platform of Chinese billionaire Jihan Wu, compared Bitcoin to gold and predicted that the ETF approval would trigger a serious increase in value.

Is ETF Approval Already Priced in?

Analyst Joe Edwards from Enigma Securities stated that if ETF approval comes, this will only bring a short-term increase in value and then the Bitcoin price will fall. Edwards stated that the recent fake spot Bitcoin ETF approval news gives important clues about how the market will react in the event of a real approval.

 Analysts at K33 Research are of the opinion that in the event of a real confirmation, there could be an increase much higher than the reaction seen after fake news. However, they added that they expect a serious decline if spot Bitcoin ETF applications are rejected.

Do you think it will really be 100 thousand dollars? What happens if it is?


Blackrock controls more than all the top stock and shares in the world today including Vanguard and if Bitcoin spot  ETF eventually get approved, it will become more speculative than before and more elite clubs will want to take over bitcoin as well. There is nothing bad in that but I see this as more centralization coming to bitcoin if bitcoin supply is trapped under Blackrock.

Again, because they are prominent and big organization with large share holding doesn't mean we should expect more from them. We should not forget that the same Elon that bitcoin price to 58k sold some at some point to raise some emergency fund. Don't be surprised if blackrock pull stunt in the future, so your price is possible but what is the degree of pushing price that much only for it to fall later, hmmm.

As a holder of bitcoin, it's your expectations to see it grow to anything in value but having a specific price in mind can be disappointing. Don't listen to anyone predicting this imaginary price of bitcoin because if it doesn't later happen, you may hate yourself.
782  Economy / Economics / Re: Will people ever get tired of trading bitcoin? on: October 22, 2023, 07:07:16 PM
If we know for ourselves that we can get a profit from it and that it helps our lives and supports our family, I think even if we get tired of it, there is no reason to stop it. Why should I stop if this is becoming an instrument for me to live and be able to provide everything I need?

There are many reasons why other traders can't just leave it because of the decentralization that really exists here, and it's actually an opportunity. Also, if you have a deep understanding of trading, you won't be bored in the end, even if we say that sometimes we feel tired.

No man ever get tired or bored of a place that embodied money. There is this spirit money has, so long people go there and make more money from it, the same people will go and they will still come and with time, more people will troop into it because a soldier leave, another comes the barrack remain the same the way it is, there is no change in it.

Look at Warren Buffet and his billions, man is retire but he is not, by that he may be physically empty without strength but he has a team that does the chase for him, he had a team that continue to hunt for money just to complete his aim despite all the billions he has gathered all this year.

Trading is not boring, also is bitcoin. Just last week, there false rumour of Blackrock having it's ETF approved and then bitcoin shoot up, lots of market lonher lost money and shorters made money but today, it's the reverse and that's how everyone makes money from every opportunity because it is non ending activity.
783  Economy / Economics / Re: Is the fall of Elon Musk's empire imminent? on: October 22, 2023, 06:53:43 PM
There's a lot of talk that Elon Musk taking on huge loans to buy Twitter could backfire massively on him as Twitter keeps losing value. Essentially what Elon Musk did was to use up most of his assets in terms of stock like Tesla and SpaceX to try and secure assets for his twitter loan. He's now so tied up in this Twitter debt, that if something goes wrong it could trigger a domino of effects. 

So he essentially already pledged tons of money to secure loans to buy Twitter, but his executive decisions lead to massive drops in value. Late last year he posted a lot of Tesla shares to avoid a margin call from banks that had loaned him to buy Twitter but this could potentially mean that if Tesla shares fall in price also, Musk could be losing his empire... Eventually, and potentially if things go wrong, losing his position as CEO in both Twitter as well as Tesla.

What are your thoughts on this? Is Musk about to lose it all?

I think it's okay to say that Elon Musk is at a level where Tesla stock has achieved a maximum satisfaction for it's some of his shareholders, maybe most of them. I remember how back then when Tesla stock becomes the new trend in town and most discussed assets as he quickly become too richest person in the world. The growth looks too pump and now the stock is experiencing a decline or better as economics refers to retracement and correction.

One of the place I think he made a mistake or should I say over confidence is over relying on Tesla stock to grow more just as he was doing back then and using that as a collateral the loan he secured was really at a bad state of health. Despite selling some for cash, it would have been better if it was another asset entirely.

X is now at the stage of new development and that's because he is doing anything to remove bots activity to the bearest minimum, so expect some ups and downs with the growth but for I don't really think X is going to be a problem under his care, he will sort it out as he did when Tesla was facing challenges back in the days.
784  Economy / Economics / Re: AFRICA-FX- Most African currencies seen weakening, Ghana and Tanzania steady on: October 21, 2023, 01:48:33 PM

Nigeria as a country depends too much on importation and that is why they're always affected by any little spike in the dollar. Anything that affects the dollar, affects the naira.
If they can be able to produce most of the things they consume then the dollar won't have the same effect it has now on their currency.

Aside from that, the demand for Naira is very low and that can reduce the price of a currency.
Foreign investors do not feel safe investing in a country with very high government debt as is the case with Nigeria.
The increase in the inflation rate is also another factor that devalues the currency.
Then there is the political instability of the country which has always been present but got worse since the election they had this year.
All these are a few factors that have made the Nigerian currency drop and at this rate, it will keep dropping against the dollar.

Nigerians doesn't just depend on importation that is making the naira currency to lose its value, it's because Nigerians in general all want to hold dollar to hedge against the growing inflation the economy is printing everyday. Just October here, on 4th to be precise, Naira to a doallr was trading around ₦994 to ₦1005 but I was able to buy some ₦995, it wasn't much but I did have a profit on it because if you have have bought ₦1,000,000 of dollars, you should have around + or - $1000 and if you are to sell that back into naira today, you should have roughly ₦170,000 profit. Isn't that amazing and sad? This is what everyone in nigeria are doing to survive, everyone are trying to preserve the value of their currencies with dollar because nobody knows when this madness is going to stop.

When people don't believe and trust the government, you continue to have unstable economy and that's the situation of the country, we are battling with food security, human security, no employment. All these problems will continue to show negative growth of the country and negative growth means weak economy and weak economy means less valued currency.
785  Alternate cryptocurrencies / Altcoin Discussion / Re: KuCoin Launches Futures 2.0 on: October 21, 2023, 01:15:35 PM
I would not get excited with the announcement and wait for the user experience to happen first. There had been many such false claims by other companies in past and they all proved to be futile. So, we can not say that this time also the exchange will live up to the expectations based on the declaration they have made.

Even, if we see based on the popularity of exchanges, there are many other better options like binance which have proved themselves to much secure and practical for crypto users.

If you are indeed waiting for users experience, you may have to wait till next year when halving begins. The reason is that even if users were to use this new features, it wouldn't make any difference between this and the old one because the workload is the same, the same users and the same coin, little to no stress. The only way you can determine all the features listed above is when the traders stressed the future exchange and that cannot happen now in bear market, we have to wait for bull run to test the scalability.

I would admit that this thread is supposed to be on exchanges board for proper discussion since kucoin itself is an exchange, i don't use the exchange but if the improvements aimed were fully implemented accordingly, then this is going to bring for more use of this exchange from the crypto communities, what the people want are improved services over time, and with these nee features, they are going to also record some recent changes as improvement towards the use of their exchange.

I'm of the suggestion that it should be move to trading discussion, as the discussion is more specific on the future trading but anyone the OP decide is fine.
Kucoin use to be every trader favorite because of altcoins they listed, big exchange like Binance and Okx don't give this opportunity to retail traders and small money bag but the mandatory verification sent lots of traders packing to another exchange. The good thing about the future is down is very difficult to see people complain about their downtime in futures. Binance literally had downtime many time when they launch their futures but kucoin hasn't for ones that I can remember.

I don't know why they updated this now, or probably they are getting ready for bull run, who knows if they are expecting twice number of users from the last bull run.
786  Alternate cryptocurrencies / Altcoin Discussion / Re: Which old coin do you prefer? Litecoin or Dogecoin? on: October 21, 2023, 12:42:59 PM
Among the good-old coins listed on the market today, which one do you prefer the most? Litecoin or Dogecoin? The former is often used for serious cross-border payments at a fraction of the cost, while the latter is used more for micropayments/tipping. Despite these differences, it's no secret that DOGE is faster and cheaper to use than LTC itself (Dogecoin's block time is lower than Litecoin's, while market prices are cheaper). I'd choose both as they're tried-and-tested blockchain networks with decentralization and security/reliability in mind.

What would be your pick? And why did you choose that coin in the first place? Your input would be greatly appreciated. Thank you. Smiley

The two aren't good choice of selection. One is old freight people are halving to revive it's price since after it's first all time high while the second is been pump by Elon influence. Even when he just sneeze and mention the name, the bag holders will use that as advantage to pump the price for their own advantage.

Litecoin is deflated a car that need bitcoin infleuce to ride. They just completed it's halving about a month a go but it seems the coin hasn't been itself because lots of people that bought before the halving sold few days before the halving and immediately after the halving, that means there is no strong believe in the project. If the halving is really significant, they should be up by now and not below whereit is been traded before the halving. It can go up when bitcoin halving approached, your best choice is now.

Dogecoin, the master of memes of all. The propaganda coin that need hype to grow. I'm not sure what is going to be the new wave of his growth but the whales behind this coin always find something to push the price. You can buy this and join the speculative environment of Tesla, they always believe doge and Telsa will have a great relationship in the future. Grin
787  Alternate cryptocurrencies / Altcoin Discussion / Re: What is Islamic Coin? A Muslim Community Coin 🔥 on: October 21, 2023, 12:19:33 PM
It must be noted that if this coin has been making a big event for airdrop hunters yet the airdrop reward has not been distributed. It's caused by there was also vesting period implemented by the developers. The price is slowly going down again after it was getting massive pump.
I have some friends who participated in this airdrop and they were being eligible for around 1k ISLM coin. Im sure that the price will be dumped so hard once the unlocked token will available to be sold by the hunters.
I remind you that if the supply of this coin is also really big at this moment. It can also become another factor why this coin will be dumping in the future.

There are still many tokens locked this time but as per the schedule if the more tokens to be unlocked gradually.

I was so pissed to a point that I thought ISLM marketing was turning to daily spam, my twitter, my instagram and facebook, they literally occupied everywhere but look at their price today, they seems like the usuall ICO token that promises heaven and earth in another life but when you look deeply, they are just another typical ERC-20 usual token that are launch everyday on Ethereum and BSC.

It seems there has also been a lawsuit that was file a week ago by Dubai virtual asset regulatory that they don't know and don't have any relationship with ISLM. It seems that the teams were using Dubai residents and prominents people to push the token for marketing before the launch and trading which was misleading because that is impersonation that could even bring down the project in the future if the team were to be investigated, no wonder the price has been crashing.

In addition, the token is basically listed on 4 exchange, $2M volume with a fully dilluted valuation of $4B, if tokens were to be unluck, I doubt if the two exchanges are going to able to handle that supply, the price will further slide down.
788  Economy / Trading Discussion / Re: Correlation between buying and selling of bitcoin: Is it a technical methodology on: October 21, 2023, 12:01:45 PM
For the time being I have joined bitcointalk and also the bitcoin market. I always hear that, when the market is buying there will be an increase in price of bitcoin and when it is selling there will be a decrease in the price.
My question is that, what makes the price go up as people are buying and the price goes down as people are selling because what I understand is that this action cannot increase or reduce the quantity of bitcoin available, so what action actually makes it to increase or reduce in price, is it the marketers, miners or who does that? Is there any technical reason behind that actually?
More clarification on this will be appreciated.

Miners don't determine the price of bitcoin nor the marketers, it all about the demand of bitcoin and the available supply of bitcoin.

You need first understand that the bitcoin maximum supply will not exceed 21 million, that's has been the basis of the supply of bitcoin and out of that supply, only few about 19 million are in circulating supply. In that circulating supply, there are many that has been lost and by that I mean the private keys to unlock this coins are lost, that means the bitcoin on this wallet can not be accessible, they are gone and los forever, there are many that have not been move for the past 10 years in legacy wallet, the owners have left them idle which people most time refer to as rich list. The rest are been held in exchanges and individuals and I don't that number can account for 50% of the circulating supply, that said.

Now, the bitcoin market is dependent on supply and demand; the remaining bitcoin are been traded on exchange , when a buyer need a bitcoin, he has to agreed to buy on the seller prices, so technically the supply of bitcoin is low and now imagine everyone around the world want to buy bitcoin and there is few bitcoin available, everyone will rushing to buy and the sellers will keep adjusting their sale price and the buyers will also continue to shift their own price as well just to close the spread and have there coin purchase. This is how the price is move and increase and similarly lower when there is fear uncertainty and doubt.

789  Economy / Lending / Re: Lending Service Started! (USDT/BUSD/BTC/LTC/ETH/DOGE/ETC)! on: October 21, 2023, 06:57:03 AM
Loan Amount: $300 USDT
Loan Purpose: Personal
Loan Repay Amount: $350 USDT
Loan Repay Date: 8 weeks or earlier
Type of Collateral: None
USDT TRC20 Address: TTrzJpkhjVVdt8CCQymwqaZGDn69yYt4PK

Modified after PM
Accepted and USDT sent. Transaction ID https://tronscan.org/#/transaction/50509e2293749961114a03adacc7bb53e924be6419b8f20fbf9ce361e5f5a3cf Please repay on or before the due date to TFDsiykiaAB8GeoZxVFz8MM2P4Ed9cYrfN

I'm comfirming that I received the loan in agreed amount. Thanks.

Hy Shasan. I have repaid my loan of $350 in full amount. Here is the transaction hash: https://tronscan.org/#/transaction/2af77359e6c8e08a32c810ea5df12a88b81f116802166366301a9d061e01f695

Thank you.
790  Economy / Trading Discussion / Re: Trading Analysis/Signals/Trading Ideas from Tradingview on: October 20, 2023, 08:30:53 PM
Apart from Tradingview do you know any other site where I can see Analysis/Trading Ideas of any technique (order flow, elliot waves, fibobox, chartism etc)?

And do you have any tips to know which are the best Trading Analysis/Signals/Trading Ideas from Tradingview ?

It seems that anyone can share their Analysis/Signals/Ideas on Tradingview....


Why are you looking for alternative to tradingview? Reason why I'm asking this is that tradingview can literally do all you mentioned, you just need to follow the guy with the idea, follow them and then read the chart explanation. Eliot wave is practical, you can do it with tradingview if you understand Eliot wave better, you can also do order flow with tradingview but with the help of a script but not available for free I think.

You want a honest truth, tradingview is the only place that can offer you all without any payment. The website is fast and very light unlike other ones that lag and they they don't show you the tools. Before you can access most of them in other platforms, you will have to go premium. Going premium also doesn't guarantee anything, you may not even have some available things that are free on trading, in addition with $10 you can unlock many features of premium account.

791  Economy / Trading Discussion / Re: You are also like them? on: October 20, 2023, 07:30:43 PM
Watching these YouTuber 'technical analysts' is like witnessing a comedy show. They just scribble lines on a Bitcoin chart and act like they're gazing into a crystal ball. But the reality is, they're about as accurate as a broken clock – right only twice a day. It's laughable how they sell this snake oil, predicting the future with squiggly lines. I wouldn't bet a Satoshi on their so-called insights!

I don't take some YouTubers seriously, when you check them, they are more inclined to make the money on ads YouTube give than to teach real tutorials that will be beneficial to traders. If at all some of them are expert as they think they are, I think they will really make money from trading than the tutorial videos they create on YouTube, even the YouTube channels that teach trading with lots of views are also more interested in the content creating as a job than the real trading because trading is really hard.


There is nothing to worry about these type of traders, just ignore and don't buy their premium service, we have plenty of them in telegram claiming to be good traders that share position and ideas about a chart and then give their honest opinion and expect you to copy the signal and after some months, they start to offer service for members that need special group treatment but this things are all scam.
792  Economy / Gambling discussion / Re: UEFA Champions League 2023/24 Season on: October 20, 2023, 05:46:22 PM
Now it makes sense to say that previous matches and consistent performance in the Domestic League cannot be completely used as a benchmark, because playing in the UCL is very different. Of course everyone was shocked by Arsenal defeat to Lens, and it is evident that surprises happen more often in the UCL. Even though on paper Arsenal has a better chance than Sevilla, that doesn't mean the opposite can't happen, but if you look at the statistics, Arsenal should be superior.

Even though I'm not really sure Arsenal can get 3 points this time at come to Sevilla, I don't think they will lose that match. Sevilla has an advantage because they act as hosts, then they have to create their own luck while hoping that Arsenal doesn't play well so they can take advantage of it, because whether they admit it or not, Arsenal is still better than Sevilla.

Was there a team in the last Champions League that weren't doing better in their own domestic league, clearly all the teams made it out the knockoit stage were among top 6 teams in their standing and guess who even won the Champions League, it was Manchester City and they went ahead to win treble after winning the FA cup. Domestic league performance matters but it can't be use as a benchmark in the group stage and also in the round of 16, this stages are sometimes luck due to late preparations by some teams or early preparations by teams people expected less performance.

There is no much data to and statistics for Sevilla and Arsenal but the emirate cup is enough to justify what they are going to play next. I'm not sure how prepare Saka injury is going to be but if we have Saka and Jesus starting that match like they did back then, they will quick finish Sevilla in the first half, been the host doesn't matter in this stage because Arsenal are better than them in all ramifications.
793  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: October 20, 2023, 05:18:30 PM
Speculation about Lionel Messi returning to Barcelona continues to be discussed, but for me it is not a desirable scenario. Lionel Messi's contract will end in year 2025 and if he plans to return to Barcelona in the following year it is much less likely. If he intends to play in the World Cup for his country then the most likely thing is for him to stay in MLS with an automatic contract extension and I believe this to be a much more likely scenario for him than returning to Barcelona.

Of course no one knows how the rest of Lionel Messi's career will go in the future, but I think Barcelona should think about other options compared to bringing Lionel Messi back to Camp Nou. The salary issue may be a consideration and Lionel Messi is unlikely to be willing to accept a small salary to return there, although that is just my assumption.

Messi was a free agent when he left PSG, if he wanted to really stay in Barcelona, he would have taken the deal of Barcelona before Inter Miami but at the end, he accepted Beckham deal of Apple revenue over Spanish club. However, if LaPorta is keen to have him back to the family, he will accept the deal on some condition if Inter Miami are going to be the middle man that will be paying his wages. This is the only acceptable deal Messi might want to accept because Barcelona still owe him some money till today, they are too broke to have Messi on their payroll.

I think the speculations are just around everywhere because people wan to push agenda but if it's the way Messi smile on games and entertained Americans, he will stay their untill the end of his contract, he even just bought house in US in other to accommodate his family with a new life, and Barcelona will want to take that from them, seems LaPorta will spend more than what the club generate if he really want to have Messi come back to Barcelona.

In my opinion, there is nothing wrong with Jesse Lingard pursuing a career in the Arab League because there perhaps his skills can be honed well, especially by Steven Gerrard. For this season, Arab clubs are focusing a lot on attracting European players, but if it is Al-Ettifaq class, bringing in Lingard will not be as easy as other Arab clubs that have to compete. Remembering that when Steven Gerrard was interested in his abilities, maybe there was potential he wanted to explore in Lingard.

Lingard has spent all his life in England both national and clubs yet not a single Premier League nor Champions League he has ever won, and he has only been a supportive in the last 5 years, even in his last transfer to Nottingham Forest, not a single goal was scored by him. I don't think there is nothing left for him in England, he will push for Saudi Arabia by January when their own transfer market start, Lingard will prefer to have some paycheck from Al-ettifaq than retire in his 30.

794  Economy / Gambling discussion / Re: Will you leave gambling if your future wife/husband tells you to do this ? on: October 20, 2023, 04:48:36 PM
This basically tests someone's relationship. If you are gambling so much that your spouse tells you to stop and yo udo not, that is not testament on your addiction, that is testament on how you do not love the person you are with enough. This isn't like eating or drinking or anything fun, this is gambling, it's addiction, it's a bad thing, like how your spouse may also say stop taking drugs, it is a good thing that they are trying to stop you.

It is not time to "be the man" and reject them, if you do not listen and keep doing it and do not care about them, that means you do not love them enough, any man would know that if you love a woman you would stop breathing for them, you would die for them, stop gambling is nothing compared to that. My wife is not like that, she likes to gamble too, so we do not have that type of stuff but she did ask me to stop some things back in the day and I quit them, even though it was a tough deal, I still did it for her.

I know rights. It's more perplexing that many here are saying they can't sacrifice gambling for love but we know how and what happened behind the scene with love and how weak people become to change what they do because of love. As hard as it may seems been a red pill man that don't yield to the demand of a woman, there are some things you do just for peace to prevail, there are sacrifice you make for your wife not because they are right about their choice but because you choosed peace over drama, imagine your marriage is about to crash because your wife want you to stop gambling, it doesn't make sense if husband ignore her and prefer been stubborn.

At my first reply to OP, I was saying that I can quit because someone want me to quit but I bring marriage into the scenario and then had a rethink that at the end everyone are going to drop their 1 cents and opinions but we know better what they are going to do at the end. They will prefer to be in peace and harmony with their partner than to stay single because their partner want them to stop gambling.
795  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: October 19, 2023, 06:25:26 PM
Chelsea current situation puts pressure on them to immediately get someone who is very reliable like Osimhen, even though whatever the price, Chelsea will definitely buy him immediately because the pressure of poor performance requires Chelsea to immediately move quickly to get new, more qualified players and the only other question is whether Osimhen wants to join Chelsea? meanwhile, Osimhen always chooses to join a team that has a better future for a career in higher competitions and on the one hand, Chelsea situation seems to scare high quality players from joining that team.

and for the price that will be offered from Napoli I will try to guess that Napoli will definitely make an offer of more than $150m and it will not be more than $200m.
If Napoli make an offer of $200m I will laugh until my stomach hurts, because that an unreasonable price.

I wanted Osimhen to live Italy completely and comes to England and have a better life but he has received immensely love from Italy people but I'm concern with some faction of people in that league that hate him badly because of racism. The problem with racism is that no matter how they try to eliminate it completely, it will be difficult to remove completely and my concern is that they love signing Africans players.

I will he happy if I see him in England but godforbid, not in Chelsea. Osimhen childhood club has always been Chelsea but looking at the current form of Chelsea, that's not the best decision to do right now. They will only use and waste his career like they did with Enzo Fernandez and Joao Felix. Luckily, Felix left for Barcelona and has now been able.to revive back his career while Enzo is still struggling, I don't wish to see Osimhen in that form.

The only club I will want to see him is Arsenal, because he is young and very fast with tap in, Arteta has the money in his care, a good call here and there will process Osimhen to Arsenal and it will do much good for them in winning Champions league and Premier League like the way Manchester City did in the last season.
796  Economy / Gambling discussion / Re: Play equal to deposited funds before you can withdraw on: October 19, 2023, 04:59:19 PM
Before we deposit into a casino, we can ask first if there are any wagering requirements if we deposit some money, let say $10-$20. If there is and we don't want to go through the wagering requirements, we can look for another casino that is more friendly. But usually, if we deposit $10-$20, there are no wagering requirements because we are not participating in any program and can just play and withdraw the money without any problems unless it's a shady casino.

If you own a casino or any betting platforms, will you allow attempt of money laundering, of course not. Betting platforms knows over the years that casinos are been use for money laundering and you don't want to be questioned about some money that came into your platforms without been use for the purpose unless the casino really want to support laundering of money which is great to me. Most of crypto gambling platforms I know has this requirement if you must use their platforms.

The only gambling platforms that don't support 1x wagering as a requirement to withdraw funds are probably not the license ones. The license casino must be ready to accept this rules because just imagine some deposited stolen Ether into casino platforms and then without playing any games requested to have back the same amount, it will raise suspicious from the company because if they are to interrogate them of how the money.wws used, they will be prosecuted, that's clearly how money laundering is supported by some companies.
797  Economy / Gambling discussion / Re: Question for those who loose too frequently in gambling on: October 19, 2023, 04:50:11 PM
If someone can't stop to gamble it's mean he's a gambling addict because there's no way a responsible gambler will try to gamble more than the money that they've budget for gambling.

A gambling addict is related to making money through gambling, so they will try to make as much as possible which is impossible and they will never achieve it.

Situation makes people do what they aren't meant to do in the first place. Some gamblers over gamble not because they have the intention to continuesly, they do it to win without a single loss but along the line, loss comes into the plan and when that happens, the first thing that comes to their mind quickly is to get back what they have loss and if they are not lucky on the first rollover, that's how rollover pile up in their sleeves.

Anxiety of losing everything can be terrifying because when you lose more than you plan, fear step in and if you are not the experience type, you will be angry and play more to chase the capital until you don't have anything on the balance and been addicted will never comes to your mind, they don't know they are affected already with gambling addiction.

There are very few gamblers, who gamble for fun only. I think only those who are rich and have a lot of money, only they take gambling as a fun only and may not care if they lose or win. Otherwise, most of the gamblers are very much concerned that they do not lose big money.

Your statement is one of the most avoided in gambling, people don't want to accept that gambling makes people to only gamble for money and not for the fun as they used to say. Anytime I heard I gamble for fun, rich kins men is the first thing I think of the person and if the person is not from a rich background, then I will believe the person is not saying the truth. Fun comes only if you have money to throw away.
798  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: October 19, 2023, 04:38:58 PM
At least, because previously Arsenal managed to beat Manchester City, of course, this factor will make it predicted that Arsenal will also win against Chelsea. After all, we are all aware that Chelsea's situation and conditions have been devastated since last season, and have not improved until now. Therefore, it is natural that Arsenal remains the team that is projected to win this match and as such, the home and away factor is no longer important at this moment because on paper Arsenal will definitely win.

Only a daft analyst will look Arsenal vs Chelsea and think that Arsenal are going to lose to Chelsea, on what ground actually if I may ask? On what performances. Even if Chelsea were to have 5 winning streak in their last 5 matches and Arsenal were to lose to Manchester City, with Arsenal performance, I will s give vote of win to Arsenal because they are good and has never flop for once this season not to say that they are also doing pretty well in other Leagues like Champions League despite having incomplete squad.

Arsenal are struggling yes but I have to admit that the result is coming home and their standing has been stronger than ever, Arteta is looking to forward to have Ivan Toney from Brentford in the next transfer summer and I love that, I'm not comfortable with Napoli coming for Gabriel Jesus as speculations were around but if he should live, I believe there are more men in the corner coming to defend Arsenal mandate to the Premier League this season, get the league or die trying is our motivation these time.
799  Economy / Gambling discussion / Re: Who among you here is gambling at work? on: October 19, 2023, 04:08:14 PM
I'd like to share my experience with you all. Even though I'm not currently employed, I went through a phase of gambling while I was working in the past, and the outcome wasn't positive. It affected my job performance because, as you may know, when you lose, you tend to dwell on your losses and constantly think about strategies to win. When we talk about work, it usually means we're not particularly wealthy, and imagine what happens when we gamble money we can't afford to lose, especially when we're not earning much.

Let me tell you, the feeling is far from pleasant. It leads to a decline in your work performance, which can have significant consequences since that's your primary source of income. It might be manageable if you're winning, but the harsh reality is often quite the opposite. Even when we do win, we tend to spend most of our winnings, so we don't treat it as business money. This leaves us in a precarious situation when we lose because the money we initially budgeted for our families gets diverted to cover unexpected gambling-related expenses.

I'd like to hear from those of you who have experienced this or are still dealing with it. Please share your testimonies.


One thing I don't joke with is any attempt or element that try to disrupt my main source of income, I make sure I completely eliminate it from my life. Yes, I said what I said, if the source of income is gone today, there will be no opportunity to gamble anymore and there will not be money to feed again. You ought to have think of that and forget gambling completely because if we check your gambling history, I doubt if your gambling income will exceed your place of work income.

Furthermore, what did you take gambling? You think it's a place where you can wake up and do some magic and then double, tribe and X your wager, no. As you are thinking of the winning side, you should also think of the losing side because for every winning that you take from casino, they expect or want you to give it back in the future, that's how they profit and you want to take that all from them Grin

Another thing you should consider is break, yes take a break. It's good for the body, help relax the body and makes you productive. You don't have to gamble all the time if you don't want to start having nemesis of too much loss from gambling, you need to strike a balance between your work, your free time and gambling time.
800  Economy / Gambling discussion / Re: Cash out or keep playing? on: October 18, 2023, 11:10:31 PM
Of course it's better to be grateful for what we've got, responsible and non-obsessed gamblers always do it that way, just like your experience is exactly the same. Whatever the amount of their winnings, even if it's only 50% of the amount of capital they brought, they will still withdraw it and then withdraw it to enjoy. That is really much better than you continue to look for bigger wins, basically someone's greed will never end and even though you have gotten a big enough win I'm sure in that condition you will again assume and think about continuing to play to get a much bigger win than before. Greed will never end and usually always ends up with something worse.

Have you seen sporty bets analyst make sports predictions? Most of them hardly believe that bet is not something you can control, what will happen is going to happen and should not be count as luck but performance result. I have seen gambler take risk to bet huge some of money and instead of them to cashout 80%-90% of the bets to completion, they will not cashout, not untill they see the final result before they withdraw and many times I have seen such type of bets wasted as loss and some won. I don't know why they have such kind of confidence or they are trying to prove a point where there is none.

I don't know if I should called such actions greed because if it's money, some of them has legitimately made huge money from gambling and are doing fine because if you see the amount they stake in betting, if some gamblers see such amount, they might even quit gambling because it's really big amount to gain more bigger amounts and that's what I think they can afford to lose.

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Coming in with the intention to have fun and make withdrawals if we are lucky with getting lucky regardless of the amount is better. I say it's not a real win if you can't enjoy the winnings. Yes it seems that you are too serious and too carried away my friend, it is like that if you are too serious then without realizing it you are very likely to fall into the trap of addiction. Right, so the point is whatever the amount of your winnings you better enjoy it, it's better to prevent than treat because it's just a matter of luck.

Every gambler has their ways of getting satisfaction, I will cashout and withdraw if opportunity arises even if I play for fun or play for money, it's better to be at safe zone than having nothing at all. As you said about luck, we can't deny that because there are some games you play and win some amount you never expected and some comes moderate and some come with lost, we must appreciate in opportunity we have when gambling and try again for better luck if we are yet to meet the target that we want.
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