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81  Economy / Gambling discussion / Re: Gambling until you go totally broke on: March 23, 2024, 01:01:33 PM
I don’t think this should surprise anyone. This is just one of thousands of scenarios where people display some form of irresponsibility when gambling. This isn’t the first person to gamble away literally all the money he has and sadly, there would probably be more people who would do the same later.
Compulsive gamblers are more likely to spend all the money they’ve got on themselves placing bets. They don’t stop until all the money is exhausted. There isn’t any discipline on their finances.

Individuals like the one mentioned in the OP are either fully or well on their way towards addiction. It would be best to seek help.
82  Other / Beginners & Help / Re: Am in dire need of assistance for my improvement on: March 22, 2024, 06:52:24 PM
Welcome back. As you’re probably aware, this forum is a bitcoin forum hence the information on here majorly revolves around bitcoin. If you’re willing to learn, there’s literally no hindrance stopping you from doing so. As for your posts being moved to off topic, it isn’t necessarily due to low quality, it’s likely cause your posts aren’t related to the topic or the board you posted in. Perhaps as you continue learning and familiarize yourself more with the forum, you’ll generally improve on your knowledge and likely won’t get your posts moved over to off topic.

Be open minded, willing to shift position and have a change of heart on things when presented with facts. Read more.
83  Economy / Economics / Re: Banking on people's ideas, visions, and talents. on: March 22, 2024, 04:58:20 PM
Yea is true that such people with brilliant ideas and vision exist but without the needed financial support such ideas and vision ends up in the dream world
Respect such people because inside them are deposit of gold so  they just needs that little push to catapult them to the place of their vision

Respect is earned and talking about respect, all parties should be respected as without the capital as well as other factors, such dreams and ideas would remain just dreams and ideas as it wouldn’t come into existence. Without the mix of such innovative individuals who come up with brilliant ideas and other individuals that has the necessary tools and expertise in order to bring it to reality and make it a success, we would probably never have all the stuff we’ve got today.
Not everyone has the ability to spot an opportunity and create a business plan.
84  Economy / Gambling discussion / Re: Get one btc right away or 5 btc with a bet? on: March 22, 2024, 12:52:16 PM
It's not always easy to make the right decisions. Are you a gambler? If you're offered 1 btc without playing or 5 btc by playing (with a chance of 2 to 1). What do you do?

You know what they say about a bird in hand being worth more than two in the bush.
For me, I wouldn’t need much time to deliberate on this as I would certainly go with taking one bitcoin. I’ll prefer to go with something sure. The 1 bitcoin that’s being offered is certain while there is the possibility of losing out entirely while trying out your luck to get 5 bitcoins.
There may be people willing to risk it and go for the 5 bitcoin. I wouldn’t exactly say some people amongst those bunch are motivated by greed to do so but it’s obvious the thought of having 5 bitcoins could be tempting.
85  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: March 22, 2024, 09:04:14 AM

And in the match between Arsenal and Manchester City, I personally predict Arsenal will come out as winners in that match. Apart from that, I think it must be very difficult to end in a draw. Because of course Manchester City and Arsenal are chasing a win in this match.

The game would surely be an interesting one. I too don’t think the game would come out in a draw as both sides would be aching to come out the victors in the game. Both sides would be chasing the win with everything they’ve got.
Arsenal may be a worthy contender but I personally don’t think they could have a win over Man City. I think City is stronger as a team and could defeat Arsenal when they meet. Admittedly, one can’t really tell in these games but I predict City coming out on top later on.
86  Economy / Gambling discussion / Re: brazil sanctioned law that taxes online betting in the country on: March 21, 2024, 11:57:15 PM
Government being government. Always scheming and on the lookout for how they could raise revenue through more taxation. I’m all for paying taxes especially when I’m reassured through seeing social amenities working fine.  I don’t think I’ll feel obligated in any way to pay such a tax.
Increasing legal security isn’t likely the lead point on why this tax was brought about. Perhaps this could also be an avenue to reduce the rate of gambling in the country and if so, I doubt it would make any significant change.

It’s crazy one would have to be paying a certain amount of your winnings to the government.
87  Economy / Economics / Re: Ignore Financial accountability to your detriment on: March 21, 2024, 11:37:15 PM
It can never be reiterated enough about how important the need to be financially responsible. Individuals who aren’t financially responsible simply cannot make and go through with a set plan. The money set aside for such plans would be squandered on something else putting the plan on hold indefinitely.
We’ve just got to make better financial choices.

I think people who actually worked hard and long for their bread won’t eat it all in one bite. While literally anyone could be financially irresponsible, I would say a good percent of people who came into money either by inheritance or winning the lotto and didn’t put in any work for it tend to be irresponsible about their finances.
88  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: March 21, 2024, 11:17:31 PM

All Liverpool needs right now is to get the right manager to take over from Klopp. I thought they were going to hire Xabi Alonso, but that deal is looking very complicated. If they get the right manager for the job, they'll continue right from where Klopp left off. That's a very big decision for them because if they fail at that they're going to be in a lot of trouble. The players will become unhappy and begin to leave.

Klopp has left some pretty big shoes that perhaps, could be quite difficult to fill. Liverpool is a top tier club and would obviously need an experienced coach that knows his onions.
Xavi Alonso may be a good pick but I personally fear he may not have and maintain good performance amongst the players in their games. I may be wrong as well. Xavi is a really good coach and may actually have what it takes to do the job. But could he bring improve on where Klopp ended and bring  significant improvement in the team’s performance? They’re a lot of factors to consider when getting a new manager.
89  Economy / Gambling discussion / Re: Streamer's fan took his own life due to addiction on: March 21, 2024, 10:47:48 PM

I saw most of them in the reels on Facebook and it seems like they are even making huge lies in their promotions by showing their viewers how easy to win the games they are promoting and they don't seem to care about their audience as long as they spread their lies everything was going on a plan for them. they don't even know the huge risk they are getting as well and also they are making huge mistakes when they fool their viewers because it will fire back to them with double the amount and interest, they get the real karma and this is what happened to those who fool their viewers, they are the one who gets affected with their lies.

Come on man! Obviously, they’ll have to misrepresent things and in a lot of cases, outrightly lie to their viewers. The more people they bring in, the higher the money earned. Besides, why do some people blindly believe these streamers and whatever they promote. They’re being paid to promote such product or service; of course they’re going to do all they can to sell it to their fan base which includes misrepresenting a lot of things.
They know fully well that they’re lying to their followers but greed and selfishness has long taken over where responsibility and dignity once were. They only care about being paid and could care less about their followers who took their word for it.
90  Economy / Gambling discussion / Re: It’s unlikely that anyone besides you will be happy with your winnings. on: March 21, 2024, 02:59:45 PM
Certainly not everyone would celebrate at your success hence the need to know the difference between actual friends and others that you regularly come in contact with. True friends won’t envy your success, rather they’ll rejoice and be happy with your success.
You’re sure to have people who, out of envy, would generate some unpleasant feelings and emotions. That’s only natural. Such people who would have negative feelings aren’t your friends and shouldn’t be privy to information concerning your and your finances.

It’s always lovely to share your joy and happiness with friends and family. We’ve just got to identify the actual friends from all the people we know.
91  Economy / Economics / Re: Everything is over priced but people keep spending on: March 20, 2024, 11:54:27 PM
The cost of things has gone up so much so that it's glaring. Imagine paying 5-12$ for an average meal you could get before for 3$. The jump cost is extremely high. Cooking a meal at home can cost you the same amount you would spend on eating in a restaurant. Funny enough people still afford all these things without complaining. My anger is that we make money to spend it all into our normal life expenses. It's difficult now to save or invest unless you part of the rich people in society. An average man has to just eat, pay bills, and survive.

The cost of cooking a meal isn’t comparable with eating at a restaurant. We should note that a restaurant is different from a fast food joint.
The cost of living is obviously not it was a decade ago. You rightly noted that despite the cost of food, people still eat at restaurants and afford to splurge money on other things. It would be difficult to save enough money to invest in anything cause they obviously aren’t earning enough. Strive to earn more and there would be something left to save after settling expenses.
An average man likely doesn’t strive that hard to significantly increase his income level and that’s probably why he has just enough to eat, pay bills and survive.
92  Economy / Gambling discussion / Re: Streamer's fan took his own life due to addiction on: March 20, 2024, 11:20:03 PM
It’s so easy to put the bulk of the misery the victim went through before the unfortunate action of taking his own life. Understandably, these streamers that are affiliated with and promote online gambling sites play a significant role in spreading awareness as they both directly and directly draw and keep their followers into the world of gambling.

It was the victims actions that led to his demise. Streamers, however they entice their viewers in the effort to promote whatever can’t literally force anyone to gamble. Their streams and videos may probably entice and motivate people into gambling, it’s our choice to actually go through with gambling.
93  Economy / Scam Accusations / Re: Tax refund scheme scams on the rise using "Gas fee refunds" on: March 17, 2024, 02:39:08 PM
I’ve also come across this particular ad on the social media app formerly called Twitter. Apparently, it aims to lure people with the false prospect of getting an accumulated refund of your gas fees spent over time. I’ve ignored it like I do most ads that appear on my feed.
It’s crazy thinking you’ll get a refund of fees paid for your transactions but sadly, there may be people that would buy into this nonsense. I’m quite certain people who haven’t made a single transaction would also like to get a refund and may also be eligible(after paying a certain amount of course).

Perhaps X is willing to accept just any project that is willing to spend money on their platform for advertisement purposes without verifying its authenticity in its quest to generate revenue.
94  Other / Beginners & Help / Re: Am i bad to this friend if i refuse to loan him some money in bad economy on: March 17, 2024, 01:51:07 PM
What are your thoughts let learn together.


There are several stories of friendship that have been broken apart due to loans that haven’t been repaid. You’re not a bad friend if you refuse to loan him the money. Irrespective of the fact that the reasons for the loan is not life threatening, it’s your money and up to you to decide whether to loan him the money or not.
You’ve got a goal. Anything that would want to hinder your plans from attaining your goal would be frowned upon and would not be welcomed.

It’s your money and no one should pressure you in guise of friendship to part with money you don’t want to. Nevertheless, sacrifices are required in true friendship.
95  Economy / Economics / Re: Early exposure of children to wealth and investments on: March 17, 2024, 01:13:35 PM
Why bore a child with details concerning investments and wealth creation. There’s a time for all of that when the child grows older and matured. I think we should let kids be kids and to let them do kids stuff. Investments and all of that isn’t kids stuff and that’s why I think an average 7 yr old kid would prefer riding his bike with friends than having a lecture about investment and wealth creation.

I’m not against trying to prep your child against the realities of life but we should let them enjoy their childhood and not indirectly coerce the child into growing up too quickly.
96  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: March 17, 2024, 12:54:29 PM

Anyways, Props to Fulham, winning three goals against Tottenham Hotspur is not some easy thing to do even by some top tier clubs in the Premier League Competition..... Aston Villa against West Ham United has got to be another game that's buzzing. Unai Emery and his lads progressing just fine.


I was honestly stunned to see Fulham score three goals against Spurs. Like you rightly noted, it’s not some easy thing to do. The thought of having Fulham scoring three and winning the game didn’t seem likely to me. But this is football where the underdog could pull a fast one and surprise everyone like Fulham did.
West Ham going up against Aston villa would be an interesting game to watch. I know West Ham isn’t a walk over and would go all out to win this game. People seem to think playing at home seems to bring some sort of advantage to the home side. We’ll see how the game goes.
97  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: March 16, 2024, 11:59:14 PM
This is really surprising. Didn't expect the result of the match between Fulham vs Tottenham at all. I even looked at the results twice to make sure that my vision was still good enough. Because by chance, I didn't watch it and only saw the final score.

And, 3 - 0, a victory for Fulham, is something that Fulham must be very proud of. But, on the other hand, it was a very disappointing and embarrassing defeat for a team like Tottenham. how could it not be? they couldn't score a goal at all, in fact they actually had a lot of chances.


It was surprising to see Fulham have a win over Spurs. Despite having more of the ball in their possession, they failed to do anything fruitful with it. This goes to show again that in football, you could be on paper, stronger than your opponent, be the favorites to win and still go on to lose the game.
I did expect Spurs to win the game and even the goal scored by Fulham in the final moments of the first half didn’t do much to make me think otherwise.

Fulham must be really proud of their performance and ultimately, their victory. They deserve it.
98  Economy / Gambling discussion / Re: Which of these betting Statements Do you Agree or Disagree With? on: March 16, 2024, 11:32:37 PM
1. Don't bet all your money on one bet.
2. Bet the same amount on every bet.
3. Don't bet more than once a day.
4. Don't bet every day.


I agree wholly with your first point. Obviously, as someone who’s responsible, one should not bet all the money in his possession on a single bet. You don’t need to bet a shit load of money on a single bet even if you’re convinced it would end up in your favor. But then, what others do with and how they spend their funds isn’t any of my business.

People would have varying opinions on your other points as I personally don’t see anything wrong or weird on betting the same amount on every bet or placing more than a bet a day.
99  Economy / Economics / Re: Digital Bank on: March 16, 2024, 10:57:01 PM
Also, what is the pros and cons of using digital bank instead of traditional bank?

Personally, I’m inclined to think there are more cons than pros when it comes to digital banking. Don’t get me wrong; there are some lovely advantages that digital banking provides that has and probably would continue to attract new and keep old customers.

I think these are some disadvantages that I think could and do hurt digital banking.

. Lack of physical presence: They lack physical offices and halls like traditional banking do. You can’t easily walk in to lay whatever complaints to an actual human that would readily solve or try to solve your problems. There wouldn’t be any physical nor close relationship with the bank and it’s customers.

. Internet connection: You need an internet connection to access the bank and your funds. Today, access to the internet is easier but In the unlikely scenario where there isn’t an internet connection, you’re literally fucked.
Also, there could be outages or “upgrades” that could hinder transactions.

They do try to make up for their shortcomings with some good and much needed services and I guess that’s why their services are still being sought after and utilized.

100  Economy / Gambling discussion / Re: Jake Paul to Fight Mike Tyson in Live Netflix Boxing Event - July 20 on: March 16, 2024, 10:20:56 PM
Quote
You know what, I am afraid that Mike has agreed to that fight only for the sake of money.

Only 10m for Jake Paul is quite funny, this is only a streamer or youtube kid he isnt anything beyond just a famous hype merchant.  If he gets 10m he better be very happy about it, I would guess he'll get more in proportion to whatever Tyson gets and in any case they'll be alot of costs and taxes and so on.   Both are lucky so much attention in given to a fight which is purely close to fiction in its basis just for show, they should both be glad for money.

It’s obvious money is a leading factor to motivate both fighters to commit to the fight. Ordinarily, money is the obvious leading motivation for most professional fights so this isn’t really any different except in this case, one is a wannabe fighter and one is a legend in the sport.
As for attention, Mike Tyson need no other introduction other than his name. He has all the attention he would ever want but Jake Paul is someone who would welcome whatever spotlight he can get. The opportunity to ride on the fame of Mike is something he wouldn’t pass over.
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