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861  Bitcoin / Bitcoin Discussion / Re: my small investment on: July 10, 2023, 02:40:27 PM
I bought a $14.55 bitcoin a few days ago when it was at 22k. Again Bitcoin came to 19k. However, I did not sell bitcoins. I was convinced that the price of Bitcoin would rise again. I buy $50 worth of bitcoins again. Got some profit on this small investment. Looking at Bitcoin 24k today. I will keep it for a long time and will not sell it now. I think at some point bitcoin will pump a lot

Since I can't invest more dollars, I don't have that much money. Still will invest as much as possible.

Like what everyone has probably mentioned, only invest the money that you can afford to lose and earn at the same time. I do admire your persistence given that you put your extra money in investing in BTC. Normally, people would panic if they see their investments lose its value but you remain level-headed and kept your cool.

These are the signs that you indeed believe that the investments on BTC would reap in the future. Do not worry as these kinds of price changes happen in a daily basis given the volatility of cryptos. Once you understand this concept, you will definitely not be afraid to invest further! I wish you the best of luck, OP!
862  Economy / Gambling discussion / Re: How real?That football players required to bribe before they are allowed to play on: July 10, 2023, 02:12:59 PM
I guess this collection of bribe before allowing a new player to showcase his talent for his country is always practice in Africa because Africa is so corrupt in everything that they do. A quality player will want to be part of his national team to bring victory for his country,instead the coach of will demand for money because he is not a good coach and he is after money and not for the betterment of his team. I wouldn't doubt this story,it is only the European countries and most countries that loves football that opens the door for all players to come in to showcase their talent for their country.

This kind of practice is very unfortunate. I mean, given the circumstances surrounding Africa, no wonder that majority of the system aim to take advantage of the situation in order to gain more in the process. These kinds of bribes destroy the reputation of football due to these corrupt practices. I just hope that the government would intervene in order to prevent this from happening again.

I remember in the Philippines, there was a basketball game which was televised and hosted but the teams were bribed as they fixed the match. It was subsequently investigated but I do think that only a few were held liable and accountable. I guess that these kinds of practices do happen especially when you are tough financially, though such is not an excuse.
863  Economy / Gambling discussion / Re: Gambling is more important for crypto users? on: July 10, 2023, 01:42:14 PM
Can you explain me why i need to learned gambling?

Simply put, here only millions of money are managed by asset owners, so where i have no money. In fact, i have ideas about gambling, but I don't have the ability to spend money there.

Gambling is not mandatory- it is a free activity in which a person is engaged into wagering their cryptocurrencies in hopes of winning money at the end. This kind of entertainment is discretionary and not everyone is forced to delve into this kind of dangerous kind of activity.

If you are convinced into gambling due to the sheer number of advertisements being held by streamers and influencers, be reminded that it is a dangerous kind of addiction. People sometimes fall into this trap where they wager money but at the end, they lose more than what they planned for.

If you are truly curious, then feel free to try it. But be warned, however, that if you were to get addicted, make sure that you only gamble the money that you can afford to lose OP.
864  Economy / Gambling discussion / Re: 2023 NBA Season on: July 09, 2023, 11:50:23 PM
I find it funny that that people are considering Wembanyama as a bust just because of his first game performance. Sure, he had 9 points and a lot of FGs missed but he is in a league where experience matters to majority of the players. One game does not define on what a player truly is. With his height and ball handling skills, he can definitely be a threat in the future with proper training and guidance from his couch.

Again, one game does not define the future of a player. While his shot selection was not good, he will definitely learn from this experience and prove to himself that he can handle the league better than anyone else at his age.

If Wemby will have the same mentality as Timmy and David, he will be accompanied by natural talents,
imagine how Spurs build that winning team, right after the twin towers, together with all those role stars who bring them titles
and with Timmy and their own versions of big 3, Parker, Ginobli and Him.
Coach Pop is the right person for Wemby, I believe that the blueprint will continue as long as the players are willing to
bring all the best that they've got.

They already signed Pop Greg in a multi-year contract looks like they gonna work well to improve Wemby with him and get back those championships in the near future. It's alright when he didn't get big numbers in his first summer league game they are just protecting him to not get some creepy injury that will gonna cost them much if ever that happened. because skills in the NBA cannot be adopted fast by just putting the player on the court no matter how good he is and since he was the main topic of the Summer league I'm sure every player was expected to play hard against him to steal the spotlight.

I was pretty surprised to hear the news that coach Pop signed on for another four years. I had thought he already stated publicly that he was going to retire once his contract was up. I guess he changed his mind. I don’t think he’s going to be able to build Wemby into anything special. Wemby just needs to spend a few years in the weight room.

Pop is just a talnted coach that only a few can hardly imitate. He has this good chemistry and team building where he utilizes every player on the paint and he knows how to maximize each potential of his players. With the money also on the line, a 5-year contract plus millions at his disposal is definitely a win for him and the team.
865  Other / Beginners & Help / Re: Why Crypto may go wrong for some people on: July 09, 2023, 11:37:55 PM
I honestly think that beginner investors have the wrong mindset about understanding the basics of cryptocurrencies. They think that this kind of platform is a gateway in order to absoultey reap rewards after they invested a certain amount of money. But in reality, investing in cryptocurrencies require all the patience, determination, and knowledge similar to your conventional investment mechanisms (e.g. stocks, banks, real estate, etc.).

If a person wants to profit in cryptocurrency, then they should treat it seriously- investing without knowing what you just entered into results into loss of your profit in the future.
866  Bitcoin / Bitcoin Discussion / Re: Will bitcoin experience a more price increase during the halving? on: July 09, 2023, 11:19:41 PM
Given on the price history of BTC every halving, there is a fat chance that its price would increase on the market. This is also the reason on why majority of the people consider the halving as a blessing since investments would reap, thereby benefiting everyone who has BTC at their disposal.

By basing it purely on history, BTC halving made the price of BTC higher on the market. However, it is important to understand what the halving actually means. According to this website1, bitcoin halving means:

After the network mines 210,000 blocks—roughly every four years—the block reward given to Bitcoin miners for processing transactions is cut in half. This event is called halving because it cuts the rate at which new bitcoins are released into circulation in half.

This means that the rewards that miners would receive would be cut into half due to the limited amount of supply of BTC that are yet to be mined. With this, it is naturally normal for the price of BTC to increase given the said event.


1 https://www.investopedia.com/bitcoin-halving-4843769
867  Economy / Gambling discussion / Re: Game Winner Result Changed After 24 hours (Defaulted) on: July 09, 2023, 11:03:09 PM
this information is reported in the relative TOS of the individual gambling sites.
of course mostly, if not all gambling sites will have the most compliant terms with their interests...

when this happens in traditional sports (and traditional bookmakers) the funds are withdrawn from the accounts or basically frozen the account.

In case they suspect that a user has defrauded (and was therefore aware of the fraud) they can also proceed with legal action. with crypto bookmaker it's something different, but in case funds are not withdrawn they can just seize ...

I agree with your statement.

I think this kind of situation can be answered depending on the TOS of each respective gambling websites. If they stipulate that once a winner has been declared, regardless of any future protest against it, then it would not refund and declare the other team as a winner.

Though this kind of situation contemplates cheating, it is wholly dependent on the gambling platform's TOS that will dictate the answer to this question. But personally, if a team has been declared a winner but subsequently they were caught cheating, the winnings should be void and the gambling platform must refund the amount in favour of the new winning team.
868  Economy / Gambling discussion / Re: Discussion - Being an Active Poster in the Gambling Board on: July 09, 2023, 10:48:54 PM
I would like to ask:

  • Has being an active participant in the gambling section helped you develop more effective strategies for winning bets?
  • Has it aided you in overcoming gambling addiction (if you were addicted) or developing healthier gambling habits?
  • Have you noticed an overall improvement in your gambling experiences?

Let's delve into this topic because beyond simply increasing post counts, there must be genuine benefits to actively participating in these discussions.

Being an active participant in the gambling board made me more aware about the circumstance of this kind of action. It gave me at least an overview on the strategies that can be implemented in some games where I thought to be impossible.

I have been actively messaging around the gambling board sharing my personal insights and experience in order for others to see. I am unsure if I aided or helped anyone from these experiences, but the fact that I was able to at least inform some (through constructive notice) is enough for me.

Yes- being active in this thread made me more aware about the dangers of gambling. While the feeling of adrenaline of winning is euphoric, the feeling of dread after losing your earnings is far worse than I have ever imagined. With this and by reading countless experiences of others, this actually helped me in realizing that gambling is an activity that should not be engaged in a daily basis.
869  Economy / Gambling discussion / Re: Are successful gamblers seen as addicts? on: July 08, 2023, 11:08:43 PM
......
Now let's be sincere, will you also classify a successful gambler as an addict?

This is an interesting question as it questions the criteria on how one could be called a gambling addict.

Professional gambling players may not be addicted at all at their sport IF the main criteria here is their discipline. Unlike them, addicts are more on the spectrum where they exhaust their resources and suffer due to the consequence of their actions. For professional gamblers, however, they are being paid for their skill and they have tons of sponsors that may fuel their desire to gamble.

Though this may be the case, I do think that there are still some professional gamblers that are also considered as addicts. It is somehow difficult on drawing the line between them.
870  Bitcoin / Bitcoin Discussion / Re: Avoid Procrastination, Buy Bitcoin And Prepare For The Next Halving. on: July 08, 2023, 07:10:07 PM
Procrastination which is said to be the act of delaying something important despite knowing the consequences of doing so, is one of the reasons why many people miss out on big opportunities.
Procrastination can be because of your hesitation, uncertainty or it can be your lack of investment budget.

If you don't have investment budget, you only can work and in the meantime, have to procrastinate your investment.
Don't be hurry and borrow money to invest because you don't want to procrastinate.

If you have investment budget but hesitate to do it several months before a halving, you must look at history of bitcoin and its price after past halvings.

I definitely agree with your statement.

Even if the halving is slowly coming, this should not be a reason to disregard the basic rules of investment. If you do not have sufficient resources in order to purchase BTCs as of the moment, never take out a loan to proceed your investment. A risk in itself should not create further risks.

In order to maximize this event, it is recommended that a person should allocate and budget their resources for investments entirely. Like what OP mentioned, avoid procrastinating and investing at the last hour- this is something that should be well-prepared and saved.
871  Other / Beginners & Help / Re: Which one of this is important most? on: July 08, 2023, 06:49:12 PM
I have been thing of this thread for a while now and I have checked a little if there's any but I haven't seen any of it , so a beginning to ask if the post is not quality enough to be posted on this forum or if my research wasn't well searched.
The illustration of this topic is kinda common these days on the forum and the new comers (brawn new and newbies) I don't know if other top ranked users make such mistakes, some of these users post things thinking they can be merited but forgotten about there reputation on the forum, some of these users don't know that their reputation is more important than there ranked on the forum, so it keeps me wondering about merits and reputation which one of this is more important in the forum?.

I do think that it boils down on how a thread can be considered as "quality" in the standard of this forum. While I do understand that lots of newbies want to rank-up, not everyone can which begs the question on how a thread can be considered as quality.

Well for starters, it must be engaging enough in order to attract audiences. In addition, the thread must be of substance where it offers any insight from others; provide useful information across different channels of cryptocurrency-related news; or even a discussion.

If there is one thing that I have noticed, it is that a well-decent reply may garner a merit. For example, by simply observing the basic rules of sentence construction and a proper understanding of grammar, you can actually achieve a merit.
872  Economy / Gambling discussion / Re: What attracted you to gambling?Share your experience whether good/bad. on: July 08, 2023, 06:04:01 PM
Growing up, my grand father and father frequently visited cockpit arenas in order to compete with their chickens. It even got to a point where my grand father bought a relatively huge lot dedicated for farming and raising cockfighters in order to participate in national and televised fights. My father inherited such addiction and he also delve into such practice where he also brought me and my siblings with him. Due to this experience, this sparked my curiosity until now.

Maybe this experience is what drove me to gamble in the first place. With the influence from my parents, this somehow got me into this kind of activity- though I do only entertain such act with curiosity; nothing more and less.
873  Economy / Gambling discussion / Re: Healthy mindset to save earnings from gambling on: July 08, 2023, 05:26:08 PM

Only a mentally strong person who has control over emotions and have money management skills would be the real winner here and will become rich eventually.

Another factor that affect litter lottery winners is the fact that they don't have any plans, and it's very easy to spend money you didn't work hard to get inappropriately. Take for example a bettor wins a lottery ticket if he doesn't have any knowledge of investment or how to make good use of the money to improve his business instead he wants to keep buying ticket hoping to win more he'll only end up with nothing.

I also do think that the mindset and focus of a person is a big priority when it comes to winnings/losses.

When a person losses, the obvious and initial reaction that they feel is to recover them by gambling again. Unfortunately and most of the time, by attempting to recover these losses, they incur more in the process which thereby increases their losses significantly.

A proper mindset and having a designated priority is key in order to minimize losses and maximize profit. Once you profited in a given match, that should be the sign to just take it easy, re-evaluate, and cash-out your earnings to avoid any losses.
874  Bitcoin / Bitcoin Discussion / Re: Kyc for accounts or wallets on: July 07, 2023, 11:40:19 PM
According to my Bitcoin understanding Bitcoin is an asset that should be owned by an owner anonymously  now my point here is Bitcoin investors especially newbies should be very careful with wallets and crypto accounts that requires kyc for verification most newbies may be shocked or confused but the reasons are for your safety
 kyc puts you personal information and privacy at risk it also gives ability for your transactions to be monitored.

I think you are mistaking wallets vs exchanges.

Based on my experience, online wallets do not ask for any KYC documents. They only serve as a "wallet" for you to store your BTCs and to transfer to another wallet or a designated exchange.

Exchanges, on the other hand, are websites or applications that lets you use your BTCs for different purpose. You can also transfer your BTCs to another wallets but the beauty behind some exchanges is its convenience. You can exchange your BTCs to your local currency or even transfer it to your banks or other modes of storage.

This is the reason on why majority of exchanges ask for KYC documents due to the features they offer, which are not offered on wallets.
875  Economy / Gambling discussion / Re: Why do 90% of Bettors Lose in Sports Betting in the Long-term? on: July 07, 2023, 11:14:34 PM
Quote
Re: Why do 90% of Bettors Lose in Sports Betting in the Long-term?
Even if sports betting is based on a real event, from which we can scrutinize data, raise statistics and minimize risks, there will always be a game in which everything will go wrong and go against predetermined standards.

I believe that the days of making money with sports betting are over, currently I play just for fun and eventually make a "crazy" bet relying on luck.

I agree with your statement.

In this day and age where the internet has access to multiple AIs that can make everything convenient, it is also a double-edged sword when it comes to betting. Sure, you may have all the raw data on a specific team which may provide better chances of winning but the odds are still too low for you to receive profit.

Odds are created in order to somehow balance two (2) opposing teams and the bettors. One team may be dominant with another but the odds represent the amount of profit you may receive when such team won. In this kind of structure, you are somehow forced to bet on the "weaker" team due to the overwhelmingly odds they give if they win.

The only thing that I see sports-betting profitable is if two (2) teams, which are somehow same in strength (thus balanced odds), are fought with each other.
876  Economy / Gambling / Re: Whats happening with Betnomi? on: July 07, 2023, 10:56:13 PM
I see them last logged in on July 3rd. Last post made on May 17th. It's obvious they are not posting very frequently since last March. Anyway, what update do we have now. Are they back in the track or still the site maintenance continues?

The maintenance still continue that is almost a week without any update in all social media channels. This is a very serious problem and probably within the management since there's not staff available to shed a light on current event. I'm not a regular player of Betnomi but having a long maintenance like this without any advisory is a red flag already.

They have a lot of events and giveaway here in the forum. It will be such a waste if they leave now on this state.

I find this very problematic that the website is not communicating any information at all. Sure, they may have all social media platforms available but no word has been spread or informed by any of those social media platforms.

Personally, even if it turns out that the website is back, I would somehow avoid this casino. You can actually see on how they handle their PR- no news and no anything whatsoever. Better avoid potential and risky conflicts such as this one instead of tolerating this kind of practice.

Though this may be the case, I am happy for you OP since you were able to receive your money. I do recommend that you search new gambling websites that are similar to betnomi to avoid this from happening again.
877  Economy / Lending / Re: Lending Service Started! (USDT/BUSD/BTC/LTC/ETH/DOGE/ETC)! on: July 07, 2023, 09:36:22 AM
Loan amount: 0.0017 BTC
Loan Purpose: personal
Loan Repay Amount: 0.00195 BTC
Loan Repay Date: July 11, 2023
Type of Collateral: Unfortunately, I cannot offer any collateral BUT I am enrolled in a signature campaign that will pay me weekly.
BTC Address: 1M2VLrtNT19coVTYVATM8qSbhfKxGhtUpN

If my interest rate is too low, feel free to adjust it to your normal rates! Hoping again for your kind consideration, shasan!
878  Economy / Gambling discussion / Re: how to get over it on: July 06, 2023, 11:44:44 PM
Unrealistic expectations and a lack of satisfaction in life's pursuits can be fatal. How can someone win a lot of money playing gambling and have nothing to show for it? Isn't that a horrible, shameful story that shouldn't be shared with the public?

If all the figures (money) you won at the bet had been saved, they would have amounted to close to $800,000. What is needed to meet the $1 million goals? The greed of $200k didn't allow you

You made a very big mistake of not being able to save or use the principle of always placing small bets or quitting a bet when you are at a loss but your desire to win $1 million blinded you to knowing when to stop. 

This boils down to the greed of the person on wanting to accumulate more profits but at the end he suffered the price and lost it all.

I think this story is a testament to everyone who wishes to gamble at their disposal. As soon as you have accumulated profit, that should be a warning sign for you to stop and re-evaluate the situation whether you want to proceed or not. Remember, gambling can only go two (2) directions: either you win or lose. Depending on the outcome, this can literally make or break your situation like what happened to OP.

Remember that perfect is the enemy of good- as soon as you win, take out all the profits and bet on small amounts to avoid incurring any big losses from there.
879  Economy / Gambling / Re: What other gambling sites offers free bitcoins like freebitco on: July 06, 2023, 11:09:06 PM
I would say freebitco.in is the best faucet site that still running today. In the past the reward there for every faucet was high compared to now, it wouldn't make a cent for a day unless you're really into it and waiting 24/7. It's likely a thing of the past but now I don't think there are people that still monitoring it unless they're using a bot.

I agree with your statement.

I mean, back in the early years of 2015, faucets were widely popular as sites in earning free BTCs in the process. You just wait and expect some BTCs to be received on your end, until it was integrated into some gambling websites. Nowadays, faucets are considered as a "waste of time" to majority of the people due to the nature of such. You spend hours and only receive a relatively small amount of BTC, which is just not worth it for the effort spent.

Anyway, freebitco.in is still the best website if you are looking for faucets. Any website other than that can either scam or waste your time in the process.
880  Economy / Gambling / Re: Challenge One Million Dice Bets with Profit every week. on: July 06, 2023, 10:39:52 PM
Profit every week is very difficult to get because it is gambling. Gambling is always associated with luck so we should understand that we cannot always think of winning. But it's okay if some people want to try their luck by continuing to gamble, but he should understand how far he can take this risk, especially when chasing profits every week.

Gaining profits is difficult especially to pursue profits. So we better not try to get it. And if @OP wants to find sponsors for his channel, he can try it. Who knows, it's better for him than playing gambling so he can earn income by becoming a streamer

In addition with your statement, the only thing that is "absolute" in gambling is with its inconsistencies- either you win or lose in a given game. There can never be any guaranteed profit in the pursuit of gambling, unless you are a professional who have sponsors that can support such act.

This is also the reason on why most view gambling as a form of entertainment; and the element of profit is secondary to their purpose. If you view gambling as something that can be exploited for profit, then expect results that can go otherwise.
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