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801  Economy / Economics / Re: COVID19 VACCINE AND ECONOMIC GROWTH? on: August 16, 2020, 11:40:17 AM
Now, if the trial of this vaccine will come to your place and ask you to get injected by the vaccine for free would you do it? or not?

I won't do it. First things first, I am not contaminated by the virus, I think we should prioritize those people so that the virus will be contained, right? A lot of things I've read says that the virus might still be dangerous. Also, I don't want to be the lab rat here. Saying that this is the vaccine but still using the "trial" seems very ironic to me.

If it could be proven effective what do you think about the economy of all country which will going to lead now in the economic growth?

The reason that a lot of leaders or government are willing to take the risks of being a lab rat for Russia is to immediately eliminate the virus and restart the economy, our country is one of those countries. I know that is for the good but being that desperate seems the worst for a lot of people.
802  Other / Archival / Re: Betting Systems on: August 16, 2020, 10:34:39 AM
Bettings will not work all the time. I have tried using the martingale betting system, there are times that I earn good profit and there are also times that I lose all the time until my capital run out. So, what I did is I am not thinking about winning all the time instead I enjoy betting.

Based on the OP

Quote
The Martingale Betting System is great for short term play, and is not recommended for long term strategy. Gamblers find that they often make great risks for little reward when employing this system.

It is also a Negative Progression Betting hence needing a huge amount of bankroll. We all thought it would work but as losing streaks keep on rolling, that would also increase the risk as your bets keep on getting bigger. I am using a strategy for a while but I do not know the name of it but reading the OPs post it is The Reverse D’Alembert System. You should also try it.
803  Economy / Gambling discussion / Re: What makes a good bettor? on: August 16, 2020, 10:11:45 AM
Isn't that a clear thing? What makes a good bettor is his statistic! If his statistic is over 70% winning rate, and he is in profit, we can say for that person that he is a good bettor! Winning rate for itself doesn't mean much, he can win low odds and miss high odds, to lose more on his losses than he makes profit on his winnings. It's why except winning rate you need to take a look at his bankroll to have a full picture.
Identifying a good bettor would really be like this on where you do try to check out that profitability rate because that one will surely indicate on how good the gambler or bettor is.Even if we do talk about
luck based kind of games then its still considerable but most of the time it would be ideal to see these numbers when dealing with sports betting or cardgames. Success rate will really able to
picture out on a gambler if he's good enough or not. Also if we do talk about good bettor then it do always pertain all the qualities like self control, intuition, bankroll management etc.
It is not just about winning rate, it is about your character as a gambler? Ask yourself if you are gambling just because of fun or it is because of money. A good bettor know what is his purpose and goal in terms of playing gambling. Understanding the concept is also a factor, are you able to know how to win in games such as dice, crash or card and table games. You can achieve success in gambling if you are a good bettor, in order to become one of the good bettor you should allocate your time on understanding your ownself.

And winning rate tells it all, right? Winning rate is not just those people with 100 bets or 200 bets, we are talking about a lot of bets and still having that good winning rate. If we are talking about a 70% win rate, then we can actually say that he is a good bettor. He knows his goal, understand the factor, and obviously know how to win the reason we are seeing a good win rate. That is also obvious that he is a good bettor since with that rate, he is successful.
804  Economy / Gambling discussion / Re: 2020 NBA Season on: August 15, 2020, 11:52:26 PM
On the other hand, a great job by the Future Rookie of The Year. Memphis can come back stronger next season. Not a bad run for a team that doesn't have a considered superstar level player.

Ja Morant did his best even with a thumb injury. After the game Damian Lilliard also called him a "star" and I agree with you that they will really get back stronger next season. Anyway, I read that someone should really award Dame about his performance in the restart of the league and he's been named as the Players of the Seedings Game, he really deserves that.

https://www.hoopsrumors.com/memphis-grizzlies
805  Economy / Gambling discussion / Re: Do you think the house can counter your strategy? on: August 15, 2020, 03:09:36 PM
Unless you might be taking advantage of some bugs or an exploit that the house didn't see, I don't think they would be "countering" your strategy. That would make the game unfair if they will be countering every strategy they know. And I agree that even though you have lines and lines of strategy to do, the house have the edge.
806  Bitcoin / Bitcoin Discussion / Re: Bitcoin and crypto currencies are getting dangerous on: August 15, 2020, 02:02:37 PM
Not all of us though are using those exchanges or maybe these services that offer KYC. These platforms may accept bitcoin but I don't think you should say that it is the entirety of bitcoin and crypto currencies. People might be forced to do KYCs since they might use them for certain purposes or maybe they have no choice since it might be the only way to use it in their country. In terms of other transactions, you can still use bitcoin anonymously.
807  Bitcoin / Bitcoin Discussion / Re: Why is bitcoin so unstable? on: August 15, 2020, 01:01:54 PM
Because Bitcoin was created in 2008 whereas gold has been a store of value for thousands of years.

...although gold has been into existence before creation or discovery of bitcoin, and them gold has more values.

And that length of time that gold existed can also prove how it is also unstable. Bitcoin is still a newborn comparing to the years gold is used but even though with its instability, in the long run, it is also giving stable profits to people that is why more and more people are drawn to it. Gold may be stable in the long run too but bitcoin can give more profit from it but with a higher risk.
808  Economy / Economics / Re: Government+cryptocurrencies on: August 15, 2020, 11:51:12 AM
I believe that cryptocurrencies should be used as money more often, not only for speculations. To successfully and sustainably launch cryptocurrency projects within society and the state, it is necessary to have a strong economy that is ready for a new principle of monetary circulation. If country have problems with the economy then people will use cryptocurrency to accumulate and make a profit and not just for the sake of paying as usual money. Think about it.

I also wanted to use bitcoin as a currency and not as an asset but that can't be removed from it because we all grew and knew bitcoin like that. Bitcoin is commonly known as a speculative asset rather than an alternative way to pay. Most of us bought this crypto currency in hope that we will be getting a profit from it and not the convenience from using it.
809  Economy / Economics / Re: You want to become a millionaire,here is the secret formula on: August 15, 2020, 11:22:10 AM
...when you have a product worth millions , you can sell it and make million easily...

Unless you have the reputation to prove these products or other things to back you up, people would easily buy from you but that also means that you already built up riches from the time which built your reputation. That reputation doesn't come easy, it needs a lot of work. I don't know how short the time you are saying but earning huge money isn't that easy so even with that small period of time, I think they are also using too much of something to be paid that well.
810  Economy / Gambling discussion / Re: 2020 NBA Season on: August 15, 2020, 10:55:09 AM
Sad that Spurs playoffs streak now broken. It was expected. It's a good run.

Spurs should trade DeRozan. He is not fit for the team. Already 2 seasons with the team but still can't blend properly with his teammates. He is acting a main man that's why. When he is off-night, he should make Aldridge as the main man.

Spurs is playing well even without Kawhi so DeRozan is the problem.

Coach Pop needs to take a rest too. Smiley

I don't remember that much but this is just sad. They did well, and I agree that he needs to rest. It's been a while and since their loss, that is when I feel that it is really changing. I don't know, I feel down not about this. Another history going down, and another emerging from Houston Rockets.
811  Economy / Gambling discussion / Re: Las Vegas Casinos Scared of Lawsuits on: August 15, 2020, 10:02:34 AM
we have to live with the virus on our daily living, because if we stop, we might die in hunger,  that's what the government thinking on why they allow casinos to operate despite of the pandemic, we should not question that.

Well, I hope that we doesn't live with it since if we does there will be a lot of people who will die from it. It may be invisible and just anywhere we can't see but that is why we should be always careful. We should protect ourselves and just go outside if we really needed it. These casinos needed profit, these workers needed money and we people need to take care. We can't do anything to help other than keeping ourselves from the virus.

If we want to help these people in the casino, we have to go out.

Me, I am not doing that as I gamble at home, but there are people who really are going into the casino to play, casino is already part of their life so they can afford to take the risk. Of course, we can still protect ourselves and that is following measures to minimize the risk of getting infected. We have to understand that there's always a risk, measures are only done to minimize that risk and both the casinos employees are gamblers are risking themselves.

But that also leads to more cases, right? This leads to that loop where people should not go outside and keep theirselves from going to these casinos and then end up with these people needing the money, right? We all know that these casinos are said to earn less right now, meaning there are only a small percentage of people going in these casinos, maybe some already have the virus, that's why. Life is really hard in these pandemic, instead of these lawsuits, if they really wanted to go to these casinos, they should accept the risks.
812  Economy / Gambling discussion / Re: You have to prove that you can take the loss on: August 14, 2020, 11:47:37 PM
...Addiction is the biggest enemy here...

No, it is not addiction, it is ourselves. Humans are natural sinners and greed is just a part of us. The biggest enemy here is ourselves, how we will be able to stop those losses, how to stop betting when we don't need to bet anymore, to decide correctly. If we will be able to control ourselves we don't need this cap to stop us from gambling, we can do that ourselves.
813  Economy / Gambling discussion / Re: What makes a good bettor? on: August 14, 2020, 10:23:24 PM
...I mean, just like a roller coaster ride, you go up and down, so you have to survive and make sure you'll be the winner in the long run.

In a roller coaster, there is no winner. It is full of ups and downs with a lot of people having fun and if you give in to that feeling, you will puke your way out. The best thing here is not to give in to that feeling, and aiming to be a winner in a long time is not bad either it will just make some bad results in the long run. Always remember that a gambler can win in a day but it will not be the same in a month. Keep track, Keep safe and keep being emotional.
814  Bitcoin / Bitcoin Discussion / Re: The Rise of Bitcoin on: August 14, 2020, 03:41:02 PM
People are getting in with the hype since people wanted the profit. Bitcoin is known for its volatility that it might give you a profit in just minutes of investment, with that they wanted to wait for it and sell for them to have a profit. There are a lot of people that can prove bitcoin gives them a lot of profit, people are getting in because they don't want to be left out.
815  Bitcoin / Bitcoin Discussion / Re: Why is bitcoin so unstable? on: August 14, 2020, 02:39:20 PM
Gold is being used as a reserve of the countries, the potential of it increasing is so high. Bitcoin is decentralized, and that is the reason why it is volatile. We investors and users are the ones that control the movement of the price of bitcoin, without anyone controlling it, our every move in the market ripples making an effect to the price.
The decentralized in nature of Bitcoin was not the reason why its price is unstable and what I understand is that everything items that its price was determined by the demand and supply stance in the market will be unstable in price. Meanwhile, Gold was also unstable in price despite that it was used as a federal reserve but it not volatile in nature as bitcoin.

It is, you said that it was determined by the demand and supply stance in the market that is why I said that we users and investors are the one controlling it since every movement of bitcoin in the market can affect the price. I can say that decentralization is the root of it since without a body actually controlling the price, it is affected by those who holds the most, sometimes huge hacks and scams.

Also, I didn't say that gold is not unstable. I just said that the potential of it increasing in terms of price are high. It is also volatile but as you've said it, it is not as volatile as bitcoin.
816  Economy / Economics / Re: The Coronavirus as A Means of Financial Reset on: August 14, 2020, 01:58:09 PM
Absolute Right China has generally taken such steps to bring everything into its own hands in their own interests you're right it won't last very long but no one will let China rule. Experts are already taking various steps to create the virus the worst affected are the poor who are starving no one can say how long this crisis will last it will not be possible to cure it until the vaccine is available.
Indeed. The vaccine for COVID-19 has not yet created, but there are symptoms of the virus that can be cured, so there is no need for us to worry too much. Also, China can't have a chance to rule everything because they also have affected by the virus. The only difference is that they have stopped their curved of their active cases.

It's been a while but it is said that Russia already created the vaccine and it might take some time for other countries to accept the vaccine. There are a lot of other countries waiting for it and our country said to be getting the vaccine from Russia this month of September. This will not just a great news for our country but to other countries as well as economy restarts will quickly start.
817  Economy / Economics / Re: You want to become a millionaire,here is the secret formula on: August 14, 2020, 09:54:09 AM
Obviously people thought of this already and it is not that easy. The first thing we should know is that not all of us have that capital to start selling a million products. If we have then we are already a millionaire. Another thing is that selling that would take time, not the same people would buy it. This is doable, yes but still, it will not be that easy especially if you are just starting.
Indeed. Even you already have the million products on you, you can't assure that you can sell of them in your first day because not everyone want it or can buy it, that is why selling products or making a business takes time for you to become rich or successful in your financial life.  It is the reason why business man uses a marketing strategies to attract consumers to buy their products for them to earn money.

So true, unless you are that someone that found something new or fresh that could be easily sold. I am saying this in the point where someone is just starting, but if we are in that position where that people have the capital to start with and the knowledge to back it up, I don't think that would be a problem. Another thing is if you patented that item and it is something that is new and would really make investors even invest in it, that would really boost you up.
818  Economy / Gambling discussion / Re: Las Vegas Casinos Scared of Lawsuits on: August 14, 2020, 08:56:51 AM
we have to live with the virus on our daily living, because if we stop, we might die in hunger,  that's what the government thinking on why they allow casinos to operate despite of the pandemic, we should not question that.

Well, I hope that we doesn't live with it since if we does there will be a lot of people who will die from it. It may be invisible and just anywhere we can't see but that is why we should be always careful. We should protect ourselves and just go outside if we really needed it. These casinos needed profit, these workers needed money and we people need to take care. We can't do anything to help other than keeping ourselves from the virus.

Ofcourse. I think in things like this, you get everyone together and  agree on how to keep each other safe in crisis while businesses operate. I guess there is no easy way to do this than through good media or even going to the authorities/governments with few people who should represent every member of the city/town/community where the businesses are hosted. Not a good idea to be selfcentered in your community especially during crisis.

Well, it is a solution but that is very hard to attain. We already know that people would just do anything they wanted to and even though people wanted to be free from this pandemic, there would be those people continuing to not follow those protocols. Going wherever they wanted, whenever they wanted like they own the place. Then it would just end up in these lawsuits like these places are to be blamed while it is half fault of these people.
819  Economy / Gambling discussion / Re: Las Vegas Casinos Scared of Lawsuits on: August 14, 2020, 12:14:03 AM
we have to live with the virus on our daily living, because if we stop, we might die in hunger,  that's what the government thinking on why they allow casinos to operate despite of the pandemic, we should not question that.

Well, I hope that we doesn't live with it since if we does there will be a lot of people who will die from it. It may be invisible and just anywhere we can't see but that is why we should be always careful. We should protect ourselves and just go outside if we really needed it. These casinos needed profit, these workers needed money and we people need to take care. We can't do anything to help other than keeping ourselves from the virus.
820  Economy / Gambling discussion / Re: What makes a good bettor? on: August 13, 2020, 11:45:14 PM
I think it is difficult to hold on to our winnings for a long time because we cannot always have luck in the gambling games.

Holding on to our winnings will not be decided by how lucky we are, that will fall down to how you will be able to control yourself from gambling and how much you will be gambling after you win. If you don't want to lose it or maybe use it into something else, it will not be a problem if you can control yourself. I guess discipline will also fall here.

If I win, I don't want to go back to the games because I don't think that I will get another lucky as before. I prefer to stop gamble, withdraw the money if the money is big, and enjoy the money. The lucky moment will not always come to you or me, and we must realize that so we don't risk more money to gamble with the win money. If we have strong discipline, we can handle it with ease, and we can save that win money.

So true. If we can just get ahold of ourselves, we will not be having a problem with a lot of losses especially those losses that we shouldn't even be a loss. I do said this but there are really those times that it is really hard to control ourselves, it is just like you feel you are very lucky and you feel that you can go home with a lot of cash but the opposite happens. A good bettor has control over themselves and is always rational rather than emotional.
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