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81  Other / Meta / Re: Why are mod not locking long threads on the gambling board discussion anymore on: June 15, 2024, 07:59:01 PM
Why would you want to lock a thread that people are enjoying participating in? Would you rather for example that everyone posting their bets in the NBA gambling thread instead make a new thread every day with their bets? Or each person having their own gambling thread they restart after 5 pages? That would be lunacy.
I guess this should also come to case to case basis. If it’s all about NBA games, there would be a lot of observations and predictions that would come out every now and then so I don’t think locking this thread is preferable. However, if it’s about gambling addiction or somewhat related to, as long as the question or problem has given already a lot of various solutions, then I would say locking the thread in order to cut spamming would be more advisable. But in the end, it’s all on the moderator actually how he will handle the thread.
82  Other / Beginners & Help / Re: Why you want to rank up in the forum? on: June 15, 2024, 07:31:18 PM
The higher the rank better the recognition will be in general,

Of course, it's not entirely true cause some low-ranked members can create attention with their exceptional technical skills but I am not that kind of intellect, I am just an average Joe who is trying to contribute in any way I can and legendary is the highest rank that a user can achieve (for now) so it's always on my goal list sooner or later I am on the journey towards it but not making it in a hurry or desperate to get merits in all these years.
Well, partly it’s true but we all know even if you have a lower rank, you can still be recognized in the forum with your high quality and valuable posts. But if you have plans to participate in any reputable campaign, then getting a higher rank is a must for you so you will be accepted and get a higher compensation. Above all, it’s always better to see progress in your rank or position every now and then, so that you will be motivated to move forward along with your knowledge and skills that you consistently work to gain.
83  Other / Beginners & Help / Re: How do the newbies gain the highily professional knowledge in the forum on: June 14, 2024, 09:59:12 PM
Newbies on this forum can gain knowledge & fit in well by reading & researching extensively about Bitcoin & its underlying tech. Get involved in discussions & ask meaningful questions on the forum, this will help them learn from experienced members. By demonstrating a genuine interest & eagerness to learn newbies can gradually establish themselves within the community here.
The term newbies do not actually imply having less intellect and knowledge in general. Yes, you may be new in the forum but the controversial bitcoin has been all over the internet for long with different version of discussion and from there, your own understanding about bitcoin will start to form already in your mind, and with additional research and studies, newbies could already come up with higher level of understanding and knowledge acquisition.
84  Economy / Trading Discussion / Re: Im in cryptocurrency 6 months only but i will not risk like other newbies on: June 14, 2024, 08:45:08 PM
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What you guys think about this ? I mean Im new so i might be wrong

Just buying because the price dropped isnt exactly a genius plan.  You gotta have some logic behind thinking itll bounce back up, not just that its cheap.  I mean hey things go on sale at the store all the time and it doesnt mean I need to buy more toothpaste!  Wink

Anyway, take it slow and dont rush into anything crazy.  Thats my two cents! Once you get the hang of it you can maybe explore other altcoins and all that jazz.  Rome was not built in a day as they say.

Things might probably hard for you at first since you are still a beginner. But don’t worry, you’ll get inclined with it in time. Just don’t trade if you still have confusions going out there, instead observe and learn first from those professional traders on how they have been dealing with the market uncertainty. And trading with leverage, that’s never a good strategy to begin with, so just avoid doing like that. For now, just do simple trading even with a small amount, but never expect quick profits as it’s hard to be given to a beginner trader.
85  Bitcoin / Bitcoin Discussion / Re: I'm new to the world of Bitcoin - a little late :( on: June 14, 2024, 07:56:34 PM
Hello my friends,

I'm from Brazil, and I'm in love with this technology called Bitcoin.

I'm studying a lot about this subject....

I still have $100 in BTC lol

But one day I will become a millionaire...

Welcome me?!

thanks my brothers, thanks Satoshi

Welcome welcome! Hey don't be ashamed, you're still early m8. There are still many sats to be stacked as long as you remain vigilant & determined to stack as many as you can! What you could focus on to get more is to try to develop a product or service that people can then purchase for Bitcoin or try to sell things you currently have for more bitcoin. Keep studying and learning more, get an airgapped cold storage wallet and learn how to use this properly. Don't keep your coins on exchanges & remember if they're not your keys they're not your coins!
Exactly, no one is late with bitcoin. This platform is just early, and everyone is early with bitcoin. And because of that, take your time reading and exploring every board in the forum, so that you will know and understand the essence of these different boards. At the end of the day, when you gets familiar already how this forum works, eventually you will be aware as well how to take advantage with this forum.

Bitcoin can be utilized both as a currency and an investment. And while bitcoin is used as an investment by majority, by learning a lot in this forum, you will definitely become a good investor and a reliable trader in the long run. That’s how beneficial bitcoin and this forum itself.
86  Economy / Speculation / Re: Some bad uses of bitcoin. :'( on: June 14, 2024, 04:07:11 PM
One of Bitcoin's uses is money, and money ultimately is a tool — and literally, any tool can be used both in a good way and in a bad way.

Being sad because bitcoin is being used for illegal activities is like being sad that cash is being used to buy drugs and being sad that knives are sometimes being used to stab people. It's totally an utter waste of your time and emotions.
Yes, both bitcoin and fiat can be totally used as an advantage or a disadvantage, it’s up to the user itself how he will utilize his bitcoin or fiat. But nevertheless, bitcoin will always remain a bad tool as long as it’s not widely accepted by the whole universe, and fiat will remain a good one since it’s backed up by majority of the government in the world. No wonder why if bitcoin can’t be used as a currency by the majority, then let the people use it as an investment instead.
87  Other / Beginners & Help / Re: A humble newbie in need of exploring guidelines. on: June 14, 2024, 03:34:09 PM
Thank you, i do appreciate. Maybe YouTube would be preferable for better understanding on the visual mode because it would be more comfortable for me to follow up.

Yes, YouTube will, but interacting with others in the forum will help and boost your understanding about Bitcoin and the forum at large.

I will also advice you to go through all the links provided and learn from almost all of them, and you have stated if you have read through the forum guidelines, you will learn how to interact in the forum safely without having any issue because the forum has its own rules.
Make sure you avoid plagiarism.
However, YouTube can be reliable but at the same time, it can be misleading as well, so always be careful and cautious with what you are watching as you might be influenced with false information and become misinformed. I still suggest do not rely on Youtube alone but gather a lot of resources and compare and filter them after. To be able to do that, one must gain maximum learning from the forum by being active most of the time.

Furthermore, study and explore the links that have been suggested by other members. I know they can be a lot helpful for beginners like you. Just take your time in learning the basics first.
88  Economy / Economics / Re: Is it still possible to retire early? on: June 13, 2024, 09:31:55 PM
Of course, it is possible to retire early if you have made the proper preparation. However, people think retiring means they won't be doing anything at all. Yes, you won't be working but you can manage your business and investment. Or you choose to sit and employ someone to do that while you authorize the person from the comfort of your home. Things are made digital now, you can be watching your business grow and investment or company from the comfort of your home.
Agree with what you said above, without thorough preparation of course early retirement will not be well coordinated. Managing a business is the same as working on how to think about what goals we want to achieve. Do you give or allow freedom and comfort to the foreigners you recruit in your business? In my opinion, this is a fatal mistake, it would be better if you didn't just sit or watch your business, but you should be at least a little or a lot involved there.
Yes, retirement should have a must preparation, otherwise you will never retire comfortably and even peacefully. And by saving and investing while you are still working, then you are now ready to harvest the fruits of your labor at your retirement. That’s the essence why indeed preparation should start early as much as possible so that when you get old, you don’t have to worry anymore with your investments as they are already in prosper and productive.
89  Economy / Gambling discussion / Re: 2022–23 PBA Commissioner's Cup on: June 12, 2024, 02:13:07 PM
They still got that handicap even Meralco already win twice but it's more on the gambler's analysis  and how they will play with the bookies, I guess it's another low scoring game as Meralco really play well with their defense, not unless SMB start bring TR7 back and adds up the offensive threat not sure but according to some social media post it's TR7 who choose not to play as he's still injured not sure if how true is that, but if ever that SMB will bring him in, the chance for JMF to catch that easy short jumpshot as TR7 can attract the defense and just drop that ball to JMF, something that I don't see with all those guards who are playing right now, they are more on trying to score, I'm expecting Cruz and TR7 if ever they both being use this coming game 4.
The other players of SMB needs to step up, last time during their championship run, we've seen players like Cruz and Trollano who are making big contributions in the series. But here, it seems like they struggled a lot, especially J. Cruz who only scored 7 points last game from 2-10 shooting.

the 3 point shooting of SMB in game 3 was fine as they have 43%, which is high, but look at their attempts, they only had 72 while 84 for Meralco, so I guess this is another low scoring game especially for SMB. I think SMB also need to limit their turnovers, they had 15 last game.



Yeah, that's the reason why I brought their names as I see their productions seems they are not in that same caliber as how they help the squad the last time they trip to the finals, they've been limited I'm not sure because of how Meralco played thier defense or becuase of that JMF design play that's why they are limited touching the ball, they need to be more aggressive here as they need to win to avoid that 3-1 Meralco leading the series.

I like to see them taking those outside shots not just from Lassiter and some from Perez but also from Cruz, Ross and whoever shooters who will play they need to contribute if they want to tie this series.

SMB were able to even the series with a big win 110-101.. First time they score that high in this series, so I think they already found their rthym and might continue their great shooting next game. SMB's 2nd unit outscored the bench of the Meralco, something the SMB has been lacking in the past few games.

Names like;

Romeo 7
Manuel 8
Cruz 5
 Trollano 8

These numbers are already big enough to help the team in this big win, so hopefully they'll continue to build thier confidence as the series are now down to the best of 3. I didn't finish watching the game but it should be JMF who is the best player. Also, just a little information from those who didn't watch the whole game, Newsome here had a career high with 40 points.
90  Economy / Gambling discussion / Re: 2022–23 PBA Commissioner's Cup on: June 12, 2024, 08:17:28 AM
They still got that handicap even Meralco already win twice but it's more on the gambler's analysis  and how they will play with the bookies, I guess it's another low scoring game as Meralco really play well with their defense, not unless SMB start bring TR7 back and adds up the offensive threat not sure but according to some social media post it's TR7 who choose not to play as he's still injured not sure if how true is that, but if ever that SMB will bring him in, the chance for JMF to catch that easy short jumpshot as TR7 can attract the defense and just drop that ball to JMF, something that I don't see with all those guards who are playing right now, they are more on trying to score, I'm expecting Cruz and TR7 if ever they both being use this coming game 4.
The other players of SMB needs to step up, last time during their championship run, we've seen players like Cruz and Trollano who are making big contributions in the series. But here, it seems like they struggled a lot, especially J. Cruz who only scored 7 points last game from 2-10 shooting.

the 3 point shooting of SMB in game 3 was fine as they have 43%, which is high, but look at their attempts, they only had 72 while 84 for Meralco, so I guess this is another low scoring game especially for SMB. I think SMB also need to limit their turnovers, they had 15 last game.

91  Economy / Gambling discussion / Re: Team strength as the main predictor. on: June 10, 2024, 03:24:09 PM
It's easy to predict the winner based on the strength comparison of the teams. However, profitability is challenging because the good teams are usually heavy favorites, and it's been proven that betting on low odds alone is not profitable. Most real bettors tend to bet on the handicap, and honestly, even if you bet on the best team in the league, there's no assurance that they'll cover the handicap.

The key point to remember is, yes, the better team will win, but by how many points.
92  Economy / Gambling discussion / Re: Is web3 casino the new trend for casinos? on: June 10, 2024, 02:25:55 PM


This web3 casino cannot be requiring if they are not regulated, and there are casinos that stays unregulated and still operating fine because they kept their good repution that's why they have loyal gamblers on them, could attract new gamblers as well.

So, if web3 casinos are operating and maintaining their good reputation, let's assume that someone actually committed a money laundering crime and started to use any of the web3 casinos to clean up the money. Because he didn't want to be detected, he was doing the deposit little by little, but unfortunately for him, the casino detected what was going on. What do you think the web3 casinos will do? Since they don't have KYC information for such user, even if they lock the account of the user, he must have already withdrawn a lot of the money. In such a case, what will the casino do to keep their reputation clean? 

No, without coordination with the AMLC, casinos cannot effectively spot money laundering activities. While they might be suspicious of certain accounts, they cannot prove anything definitively. In fact, it's difficult to suspect money laundering if the user is smart and gambles little by little, as such transactions are normal for gamblers.

Only when a casino is regulated can the money laundering council detect who the launderers are, thanks to the identity associated with account owners. This is only possible if there's a KYC requirement for every user. Regulators always push for casinos to be registered so they can regulate them. Casinos that do not apply for registration may be considered operating illegally and can be sanctioned by the law if caught.
93  Economy / Gambling discussion / Re: 2024 NBA Season on: June 10, 2024, 12:46:32 PM
The Mavs usually steal the show in their away games in the playoffs this year but this time their luck ran off and they already lost the opportunity to put pressure to the Celtics rather they are the ones are pressured now because they need to win this upcoming game at home to make it more convincing that they gonna have some chance to win a championship this season but until then, they need to get something working on their offense because it's currently not working against the Celtics in their last 2 games.

Let's just give that last two games to the Boston Celtics but game 3 there should be no more excuses for the Dallas Mavericks if they still loss. They actually have a chance in game 2 but they are missing a lot of free throws which are very important in a game that is close. Dallas were able to limit the production of the Celtics in the outside, but the problem is their shooting are also not good, so hopefully they'll shoot better on their own homecourt.

If I have to bet, I will not hesitate betting on the Mavericks in game 3 as in the next 2 games, game 3 is the best game which I think there's a huge chance of winning, of course no team would want to be at 0-3 disadvantage.
94  Economy / Gambling discussion / Re: NBA 2023-2024 betting on: June 10, 2024, 12:17:46 PM
I got Dallas at +7.5 yesterday book is down to 6.5 so money must be coming in.  Also got the under at 214
5 and that line went up to 215.5.  Seems like a lot of people are putting in on the over.  I still think Dallas turns up the defense and keeps this game close to 100 each.  Something like a 105-102 type game.  Whoever gets hot at the end wins it.  Enjoy the game everyone should be a good one.

Wow what a game.  Glad I made my Dallas bet the day before when it was at +7.5, it dropped to 6.5 and the score ended up with Boston only winning by 7.  Crazy how spot on tue lines are.  Also nailed the under too.  Seems like the under is gonna be the play here.  Can't see Dallas winning 4 of the next 6 games unless something dramatic happens. 

Betting early worked well for you, congrats @wheelz1200.. Game was so intense if you are betting on the point spread, but most of us loss our bet as it stayed at +6.5. The handicap could have easily covered even if its +6.5 only if Dallas were shooting their FT well.

As per record in that game. Dallas shoot 16-24 only in the FT line while Boston has only missed 1 with 19-20 record.

I hope Dallas will be playing better at home, especially the FT shooting which is very crucial in the game.  IF only Dallas have the same shooting percentage with the Celtics in the FT, the game could have went to OT.
95  Economy / Gambling discussion / Re: Is web3 casino the new trend for casinos? on: June 10, 2024, 10:13:08 AM
..... if there's any case of money laundering in those casino, the government will definitely go against them and they will have to comply with the authorities or have their business closed.


IMO it doesn't work like that, Anti Money Laundering is not a reactive law or policy, it's the prevention of doing such illegal activities. And to ensure that it will eradicate or prevent the problem, casinos are required to impose a KYC policy that should be compulsory from its users.

This web3 casino cannot be requiring if they are not regulated, and there are casinos that stays unregulated and still operating fine because they kept their good repution that's why they have loyal gamblers on them, could attract new gamblers as well.
96  Economy / Gambling discussion / Re: 2022–23 PBA Commissioner's Cup on: June 10, 2024, 09:29:01 AM
SMB was surprised by Meralco's big run in the first quarter, but as usual, they managed to come back, and we are seeing a tie ball game now. This is a crucial game for both teams; it's game 3, and whoever takes the lead in the series will not feel much pressure going into game 4. So, I think this game is still going to be low scoring, and Meralco could win but would easily cover the handicap if they lose again. ..

And Meralco has taken the lead in the series with a victory tonight.

Newsome had a winning shot, that was a 3 point shot that gave them a good lead, and SMB is trying to respond with a shot from CJ but he miss badly. The series now looks very exciting, I didn't expect to see it this way, in fact this series could have been 3-0 if not for the heroic shot of Marcio in game 2.

Yeah, Meralco snatch the game against SMB and the way they manage to takeover seems that they really in the mission of earning that respect, good play and execution for Meralco on that last play while it's also a good call for SMB though CJ miised that shot, very close and crucial and at the end only one team will win.

Still far from the conclusion for this series, SMB can tie it up again or Meralco can take a 3-1 lead in their next encounter, a matter of good adjustments and how they will going to play their system.


I guess next time it will still be Meralco leading the series, but the next 2 games after that will be won by SMB to tie the series, which means we will see a Game 7 in the Finals. The NBA Finals have been boring so far since the Celtics have already a commanding lead of 2-0, so I'm hoping in this PBA Finals we will see a Game 7.

Quote
Good luck mga Kabayan! enjoy watching the series!

Sure thing, I enjoy watching and betting at the same time.
97  Economy / Gambling discussion / Re: What about low odds in sports betting? on: June 09, 2024, 11:51:27 AM
Don't be fooled by the low odds, the bet is directly related to your ability to bet again, it's simple math, if you make a single bet based on the odds and you're going to cross your fingers or think that an odds of <@1.1 always wins, you are wrong, just look at the long-term percentage return of your total bets.

So, at the end of all that betting threshold, what really matters is having the ability to have the continuity of betting for long periods. Man, you can't measure yourself by the simple result of making a bet at low odds, it's a losing mentality in the long term

You nailed it, it doesn't require a long explanation how low odds doesn't hit all the time. It's a simple logic, bookmakers make that low odds to be attractive to bettors but in reality, the sportsbook still has the edge if we will consistently chase on low odds. I'd rather take odds like 1.90 or 2.00, but it's not about blindly betting as I also have to analyze if it's worth the odds as line could be undervalued even if the odds are 2.00, it could be higher than that, hence the chances of winning is always lower than 50%.
98  Economy / Gambling discussion / Re: 2022–23 PBA Commissioner's Cup on: June 09, 2024, 11:03:43 AM
SMB was surprised by Meralco's big run in the first quarter, but as usual, they managed to come back, and we are seeing a tie ball game now. This is a crucial game for both teams; it's game 3, and whoever takes the lead in the series will not feel much pressure going into game 4. So, I think this game is still going to be low scoring, and Meralco could win but would easily cover the handicap if they lose again. ..
99  Economy / Speculation / Re: Do not let the over excitement after the bull-run pull you out to danger on: June 08, 2024, 10:30:21 PM
Quote
After knowing what being jealous could result to, I hope we would keep our mouth shuts and keep up with out anonymities during and after the bull-run.
Silent is safety wise

Silent is safety but is this even inevitable? We live in a society where everyone has to show off what they have before they feel among or make them feel respected and acknowledged on the society. I don’t have a problem with them and it is better you remain silent and anonymous if possible, it would be better for you.
It is undeniable that sometimes we always want to feel more appreciated and more considered so that it gives rise to a sense of trying to show off as a form of achievement that we have to be seen from others.

Indeed, in the end it is up to each person whether they want to do that or just stay silent, but I personally feel that in the end it would be better if we can estimate the impact that will be obtained and think logically whether it will be beneficial or not to us.

Recognition from others may happen but in the end the bigger impact is clearly felt for this because after all such things seem to challenge people who want to be evil especially if we show off and show off on social media.
Not a few people end up in a situation where they lose their assets due to their own carelessness so in order to minimize such things, in the end it would be better to look from various sides not only based on our ego and lust.

Showing off is not actually a bad thing as long as you still put a limit on it. Like when it comes to your life’s achievements, it’s not actually to brag but to inspire others as well. But when it comes to your investments, it’s certainly a big NO. It’s like you are allowing others to invade your own privacy since investments are supposed to be personal matters and not to be discussed with other people most especially that money is the main concern. Except if your plan is to do business with your people around, if not, investment should always be kept in private.
100  Economy / Trading Discussion / Re: Wait for the right set-up on: June 08, 2024, 08:59:17 PM
You have to understand trading before you go into it very well, trading is not something you should be unserious with, because you’ve been winning winning and you just feel like putting more and more sometimes get it right and after staking some more money and find out that the game wasn’t so good and you lost it, you have to take a good step on gaming despite that you have been winning you should understand very before putting in another game
Trading can never guarantee profits especially that there is high probability that the market will end up at the opposite end. That’s how unpredictable the market is, that even if we are seeing a big chance to be in profits at the beginning of our trade but when the market suddenly becomes unfavorable, our trades will definitely end up in losses as well. That is why patience is a must in trading, otherwise we will be trading at a loss most often if we fail to recognize even the basics in trading. Study the market first before one should decide to get into trading.
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