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881  Economy / Gambling discussion / Re: ODI cricket and general cricketing discussion [self - mod] on: October 04, 2023, 06:34:26 PM
It is not only that Pakistan is playing badly in the warm up match , we have not seen good performance from the  pakistan team in the asia cup as welll . They lost badly against India and Sri lanka . Despite having such a strong and experienced squad,  their performances have been poor..

Pakistan's batting order performance is erratic as we have seen for a long time.  and paakistan can't  get their batting order right . pakisthan had the potential to do well in  this world cup as they have some great pace  bowlers in their squad . But the  performance of pakistan's pace bowlers is also looking  very poor now . And if this continues,  it will be impossible for pakistan to perform well and maintain consistency in the world cup.
You are old pal here on this cricket thread and still you are complaining about Pakistan performance which is little surprising for me because all cricketing community understand Pakistan is one of the most unpredictable team in this sport, and they have never been on same level even in one event one day they are doing impressive and just after one day they are having crap performance which is trademark of this team so if you are feeling they were bad in both warm-up games then it's nothing new hopefully we will have some good cricket from them in coming matches.

In Asia Cup they were completely outclassed by India as they give them no chance for recovery after having big target in rain hit match and against Sri Lanka this was fascinating game which won by host country narrowly at the end but now most chances we will have new level of game from them in this mega event.
Since the Pakistan team is completely unpredictable, it is difficult to predict their performance. We see a common case when playing against India, They also lose the natural cohesion that should exist within the team. It is very difficult for them to win against India at that moment. And sometimes when a performance is so good, the team has to be showered with praise. The journey to the World Cup will not be long if they can't recover the gap between their squads that appeared in the Asia Cup. The dominance of the Pakistani bowlers in the Asia Cup was shattered. It will be difficult to expect anything good from them at this point. But unpredictable as anything can happen in that case.
882  Economy / Economics / Re: What would you do in this situation? Invest or save? on: October 04, 2023, 06:14:17 PM
If you have plans to start a dream business that requires a capital of  $20,000 and you were able to make a savings of $15,000 which obviously isn't enough to start up the business, what would be your decision or advice?
I think for this depends on what business you want to do because of course when talking about the nominal that must exist to create a business it is only a rough picture because in the end things like that can be more or less which is indeed it adjusts from the budget that we have.
As for the options available if you really want to run a business then I think there is nothing wrong if you continue but the scale is smaller than the business you want to cover because this also refers to capital or if you want to be safer then look for other additions so that we can meet the shortcomings of your business budgeting.
Doing it in Investment is good but we must realise that investment takes a little longer and investment is not just saving money and then a few days later getting a big profit.
Agreed, many things depends on the type of business. It would be easier if the OP could give an idea about that type. Normally we think that starting a business with 20k where someone can collect 15k by himself will not be difficult to collect another 5k. First he needs to understand how long he will have to wait to arrange 5k by himself. If it is long or time consuming then there are two ways to choose. Either he has to raise money from some other source or he has to wait. If he wants to do business, he must take a quick decision otherwise someone else may start the business in his place. So I think if he can arrange that money from somewhere else that might be a good option.
883  Economy / Economics / Re: Honda Now Accepts Bitcoin and Ethereum As Payment Methods on: October 04, 2023, 05:45:41 PM


As the Heading implies. Honda the giant of Japanese automobile now accept bitcoin and ethereum for payment through a third party partnership deal with a blockchain payment system called FCF Pay.
Honda not only taken the bold step of accepting crypto as payment option, also managed to expand their already huge user base with this important development.

*Will you be willing to spend your btc to buy car from Honda? Or any other automobile company that will follow the Honda's part?

*Which other automobile company would you want to also accept btc for payment?

*Is this news big enough to trigger market uptrend in the coming weeks, months?
A news that Honda Company is accepting crypto has got the crypto community in the world very excited. The company has a wide reputation all over the world. But in this age of technology, everyone has a competition to make their products better, but people's demand for products that will provide some other benefits increases. Some will eagerly try to purchase products from the company receiving their cryptocurrency. The craze for accepting payments in Bitcoin and Ethereum has also created a huge buzz in the crypto space where a large number of people will be interested in learning about their products. This news will have a positive impact on the price of Bitcoin. This is a happy news for those who love BTC or love the crypto space. But even if there is a buying opportunity, I will not try to buy products with bitcoin because I prefer it for holding for the time being.
884  Economy / Speculation / Re: Buy the DIP, and HODL! on: October 04, 2023, 04:53:31 PM
You should agrre with me that everything that has an advantage also has its disadvantages, we cannot stop from embracing daily speculations on bitcoin market because that's one of the quality that shows we are traders or investors,
Yeah actually in as much as speculation maybe full of assumptions and uncertainty but in one way or another we derive motivation from those speculations, because Bitcoin price speculation helps to remind us that our plans for chosen to accumulate Bitcoin for investment is the best idea, you could imagine the kind of joy you would  have when everybody talks highly about Bitcoin and how big the price will become in the future were as you have accumulated a good amount of Bitcoin in your portfolio, perhaps even knowing the good potential of Bitcoin in the future through speculation you will be reminded that you made a good decision on holding Bitcoin.
that at first we believe bitcoin may be due to assumptions or speculation and also the analysis we do on the future of bitcoin. It's impossible for us to immediately believe in bitcoin when we just got to know it, right?
The motivation you say from speculation that others say makes us more excited. And we can also see how many people end up having to panic because of spculation that says bitcoin is smething bad and has no future or that says bitcoin is a scam. It proves that this does affect bitcoin holders, especially those who are new to bitcoin.
You can't believe in anything until you go through deeply. Trust in Bitcoin will only come when one can gain a holistic knowledge in Bitcoin. Who are outside of this concept, Bitcoin may be only a minor currency. They may consider only for a trading tool for the time being. There is a wide difference in opinion between bitcoin believer and who doesn't want to trust Bitcoin. We want to hold Bitcoin for the long term because we dream of getting a reliable return in the future. When the price of Bitcoin rises temporarily, Our confidence is unwavering, we pursue our long term goals and when it falls, we have the opportunity to further increase the portfolio by using DCA.
885  Economy / Speculation / Re: Buy the DIP, and HODL! on: October 03, 2023, 04:15:06 PM
Nobody knows if the price of bitcoin will go fown again. It may or may not as it is hard to predict bitcoin price movement.
It is well-recognized fact that predicting the future price of bitcoin is difficult. But historically speaking, October seems to be a month when the price of a bitcoin tends to rise a little more than in previous months. It's possible that we'll witness the green candlelight of bitcoin in the month of October. At the very least, it won't be a terrible idea to anticipate that the price of bitcoin will increase in October compared to other months.

King daddy gives no shits about months... so maybe it will go up and maybe it won't.

up or down in the future no one knows, but if the rumors are true that there will be an increase then this is a good opportunity, not apart from that investors or traders must remain vigilant about the news about BTC that will rise or fall, being aware of the news about btc is certainly necessary so as not to predict it wrong.

With rumors circulating that btc managed to close the month of September positively and will experience a rapid increase, this is a good opportunity so don't be wrong in predicting it or wrong with the rumors circulating about btc, not many people take advantage of this moment to make a profit.
Bitcoin being a highly volatile currency, there will always be rumors about it which is usual. By this volatility bitcoin coin trader will be more excited with the price whether they make profit or loss but it is not a concern of a Bitcoin holder those who are waiting for that day of Bitcoin. I don't think it's necessary to consider such market conditions for those who wait until it reaches their desired level. This is a golden opportunity for those who have not yet collected Bitcoin, but those who are true holders of BTC do not have to worry about the temporary increase or decrease in the price of this BTC.
This is where the distinction of a Bitcoin holder is reflected. Those who are worried about the temporary rise and fall of the price of Bitcoin must need to acquire better knowledge of Bitcoin holding.
886  Economy / Gambling discussion / Re: Will you gamble till old age or not on: October 03, 2023, 04:00:41 PM
My question is this, will you continue to gamble till old age, or you have planned to stop gambling at a certain age?
I am not referring to addicted gamblers that will learn a hard lesson before the quit, but only responsible gamblers that are taking all prevention measures to addiction.

I will answer first.
I will love to quit gambling when I am 42yrs because I don't want to give gambling much time and I will prefer to look for an alternative means to have fun.
There is no problem if you take this decision on your own. It is free for all. Anyone can gamble anytime they want and can stop it if they want. As people grow older, their tastes will also change. Now he needs a lot of money in old age something else might be good. But those who enjoy gambling can do so even at an advanced age. Because people don't have any work when they are old. They have to focus on one thing to spend their time. From that point of view, I think not everyone can give up gambling. I have seen many people who are over 50 but still gamble. Since not everyone is the same, many will give up gambling and many will want to continue.
887  Economy / Gambling discussion / Re: Can money be saved in gambling sites? on: October 03, 2023, 03:41:04 PM
We should not save large amounts of money on any gambling platform and I recommend withdrawing the balance to prevent something unexpected from happening on the gambling platform, if we have a high balance on gambling it will affect gambling on higher bets, because we think we have spare money to recover losses but actually bad choices that increase the risk of high losses on your balance. I rarely leave large balances on exchanges and gambling because I worry about making mistakes, so it's better to leave some money that I can afford to lose for gambling needs.
We only need to set aside enough money in a gambling account, especially if the money is for gambling the next day, so we don't need to deposit any other money. For the most part, we can withdraw the money and send it to another personal wallet to prevent anything unexpected on the gambling platform so that we won't lose the money, especially if it is winning money we have previously received. That's to prevent bad things because we don't know what will happen later. We can only try to prevent everything and that is for our good too. And if we only leave enough money in our gambling account, it will reduce the risk of bad things that could happen.
That's not hard to do if you're a kind of gambler who is not easily tempted to use the money to play regardless of where it came from (either from deposit or winnings from the said platform). But usually, if we have funds on our account, we tend to use it to play our favorite gambling games. This is also the reason why it is not advisable to deposit money on your gambling account just for the purpose of saving.

In addition, casinos often have a wagering requirement before you can withdraw your initial deposit so it's not really a good idea to store your funds on gambling platform.
Of course I think it would be a wrong decision if trying to keep money for savings purposes on any gambling platform. Moreover, it is very difficult to keep that money safe because the gambler himself may spend that money unknowingly. I have heard from many people where they said that if there is money deposited in the casino then many people try to make more money and they lose all. The most important thing is that money should not be kept somewhere where it can be lost due to a small mistake. Of course, it makes more sense to keep the amount you need on the gambling platform and transfer the rest to your personal wallet.
888  Bitcoin / Bitcoin Discussion / Re: Knowledge vs hodlings on: October 02, 2023, 03:46:35 PM

In my experience , it wasn't really just the knowledge that you need in order to hold, what you need is multiple sources of income, because you cant really HODL if your just depending on one source of income,  meaning your depending on the profit of cryptocurrency so if you needed that money badly your just gonna end up selling your cryptocurrency at a wrong price or wrong timing.

In investing, capital is always the first thing people think of, it is the way to start an investment, but in my opinion knowledge is equally important, even more important. Because when you have in-depth knowledge about a certain field, you can also make money from it, you can accumulate capital from your knowledge. Whether you are a trader or a holder, knowledge is always essential and a top priority. Without knowledge, no matter how much money you have, you will lose everything because you do not understand the fluctuations of bitcoin and the appropriate time to buy and sell.
I think those who think too much about capital to be able to invest will never start investing. Starting to invest does require capital, but knowledge is what is really needed about the investment we are going to make. In my opinion, if we have a passive source of income, it will make it very easy for us to do this by taking the rest of our salary from what we need to be able to invest and most importantly, they have a good understanding of the profits they will receive and the risks of loss.
I really agree with you that with knowledge we can make money and we can invest with the money we make because no matter how much capital we have, it will run out without us understanding how to manage it well.
Yes, agree with your thought that investing does not require much capital. If an investor acquires his investment knowledge and starts investing by making small amount of money especially by following DCA then he can gradually increase his investment and he can solve the financial problem as well. But if he does not have knowledge, it is worthless even if he owns a lot of wealth because we often say that if a man is not educated then he is blind even though he has eyes. In the same way it can be said that without investment knowledge he will not be able to see what is offered to him no matter how good it is. So capital is not always the important thing in investment.
889  Economy / Gambling discussion / Re: Major League Soccer (MLS) 2021 on: October 02, 2023, 01:29:41 PM
Inter Miami seems very difficult to improve their position in the MSL standings, so far they are still in the bottom two and their target is to reach the top 9 there is still a long way to go
Tomorrow Inter Miami will face New York City, after reportedly being injured and not defending his team in several previous matches, Lionel Messi is rumored to be returning to play in this match, and without his presence it seems that Inter Miami is indeed experiencing serious obstacles to winning, but injuries are difficult for players to avoid, especially when facing tight match and also a tight schedule.
It happened exactly as predicted. Inter Miami is helpless without Messi. The current condition of the team is not in good position until we can see Messi in the Miami team. If we look at the results of the last four matches Inter Miami have drawn two matches and won one and lost the other. Without Messi, their matches are becoming incomprehensible. Even if Messi doesn't score in the team, there is no doubt about the motivation he does. They hold the 13th position in their current standings with 33 points. According to their target, the ninth position team has 37 points. Although the points gap is small, the competition is very competitive. Meanwhile, three teams hold 37 points. So it's going to be tough for them to rich ninth in Miami's target.
890  Economy / Speculation / Re: Buy the DIP, and HODL! on: October 02, 2023, 07:39:37 AM
With what’s been the case in the cryptospace about bitcoin, it’s so easy to advice someone not to be too scared on a bitcoin investment. What needs to be gotten right is the means to purchase, storage media and the individual having to get his or her purpose for buying just right.
Bitcoin have proven in over 13years to be the only cryptocurrency with an assistance on it for its investors and this is what many bank on, it’s true decentralized nature and all as an investment for a long term to guarantee profit. Even still, your better holding than selling as, it’s just a decade on it. What will the next decade and the one after that hold for the currency.
Truly Bitcoin has proven to be the best investment, gone are days when people were not sure and skeptical about Bitcoin and by then people had the opportunity to utilize it by buying even as little as they could but they were not sure of what will become Bitcoin in the future and now they are full of regret because they realized how potential Bitcoin is now because they have seen that the roadmap is very clear and transparent with a good potentials, the only way to fully enjoy investing on Bitcoin is by holding because as an investor our goal is to invest knowing the potential of what we are investing on and with confidend that it will yeld profits in the future, perhaps I view short traders as people who doesn't really no what is installed for Bitcoin in the future.

also there has been so many speculation about what the price of Bitcoin will be in a month or years, as an investor that knows what Bitcoin is all about shouldn't pay attention to price movement or speculation were as it could affect or change your perception on accumulating Bitcoin, a friend came to me for investment advice to educate him on a crypto to invest, I told him the only investment is Bitcoin and nothing else because other coins can fail but Bitcoin will never fail and as the matter of fact the growth of other coins depend on Bitcoin and that Bitcoin is not a get rich scheme were he will invest and expect a big return tomorrow, on the contrary you tend to enjoy Bitcoin if hold for long that's when you could see Bitcoin unveiling all it potentials.
It all depends on where an investor keeps his hard-earned money. I think people who will pay attention to this thread and try to understand how important it is to invest in Bitcoin, how safe it is, where it can go in the future, why we should invest in Bitcoin, how we can grow our holdings through DCA and acquire a reliable knowledge on the whole thing which will be able to secure his future.

I encourage some of my friends to invest long-term in addition to just raising awareness about Bitcoin. It also gives an idea of how profitable investing in Bitcoin can be over the long term rather than keeping money in traditional banking systems. Not everyone there supports me but I managed to convince some of them.
891  Economy / Gambling discussion / Re: ODI cricket and general cricketing discussion [self - mod] on: October 01, 2023, 06:56:53 PM
The match ended without any result. Netherlands is no way a team that can beat Australia in ODI contest. Netherlands have lost this game if its evaluated by DLS Method. There were only two Netherlands batsmen that were able to make it to double figures i.e. Colin Ackermann and Scott Edwards. From this performance it looks very clear that Netherlands is there to give 2 points to every team.
Netherlands are 84 runs in lost of 6 wickets in 14.2 Overs while chasing 167 runs in 23 overs. Mitchell Starc took a hat-trick against the Netherlands in the warm-up match. Netherlands very poor performance three bastmen gone for duck Max Dowd is out for duck, Wesley Barresi also score zero and Bas De Leede Score 0 at 1 ball. What a bowling performance by Australia especially Mitchell Starc picked up 3 wickets in just 3 over and Sean Abbott also bowling well picked up 1 wicket. Netherlands bastmen Colin Ackermann batting well score 31 runs unbeaten in 37 balls and Scott Edwards score 14 runs in just 10 balls.

Australia is strong posting to win this match but Rain intercepted and match was washed out. Three out of 5 warm-up matches so far have been interrupted by rain in ICC World Cup 2023. First Sirlinka and Afghanistan match called off due to Rain, India vs England and Australia vs Netherland are also washed out due to Rain. I though ICC should move the World Cup to the United Emirates because it is rainy season in India. Entire World Cup should be washed out due to rain wrong time chosen for World Cup in India. I think world cup will be scheduled in November or December month. But i hope Rain will not interpreted futher matches of World Cup in India.
If a full innings had been played, Australia would have almost certainly won. Because they have the best bowlers and they are also good at fielding. It can be said that Australia's position is after India in cricket in this time especially in terms of performance. However, Australia is currently ranked 3rd. Although Pakistan is leading in terms of points but there are many criticisms in the cricket circles about how far they can ahead in this World Cup, their consistency is questionable.

Netherlands in 14th place in ranking who had almost a 99 percent chance of losing against Australia. The Australian team will get another chance against Pakistan on October 3. Hopefully they will be able to get an early idea of the team's performance before the World Cup.
892  Economy / Gambling discussion / Re: Violence and anger could be a sign of gambling addiction in youths on: October 01, 2023, 06:36:34 AM
Is there any effective way to make sure youths stays where the are told to stay instead of looking for quick money? Gambling isn't the solution to poverty it will possibly drown you deep into more poverty.
The solution in my opinion is that we should first understand about gambling what it can give us or how much we can expect from it? Should gambling ever be considered a means of making money? We should take a preliminary idea about how much we can gain by gambling for a long time. When a gambler gets the right idea about these things I think that's when a youngster will come back from making money. If a gambler considers gambling only as a center of joy then young people or others will never become addicted to gambling. So before gambling one must have an idea about the long term achievements of a gambler.
893  Economy / Economics / Re: Bitcoin Legal Tender in Central African Republic on: October 01, 2023, 05:40:53 AM
I agree. Bitcoin has become an interesting hot topic and this is a reality on the ground that I often see and feel. So the question is what is the solution other than education, because when we talk about investment BTC its intrinsic value is one of the benchmarks in assessing the price, innovation and technology behind it, so many are interested and many fail in managing it due to price volatility and transaction times which cannot be predicted with certainty especially if we frequently short sell and make we losses may extend far beyond we initial investment, yes, This something that is very important to consider, especially with Bitcoin.
It's actually quite simple to understand this, because if you are not used to holding or owning Bitcoin for a long time. It looks like you need to train your patience in holding Bitcoin and have the feeling to keep holding it for the long term rather than continuing to do short sells which in terms of profits may be very small. But in the discussion about Bitcoin Legal Tender in Central African Republic, actually there still needs to be something called education before investing that is not accompanied by knowledge. Because there are probably still a lot of beginners out there who don't know in detail about the technology involved in cryptocurrencies like Bitcoin.
When someone wants to sell something for money or something else is more important to him than the thing being sold. If foresight can be gained about Bitcoin, the volume of such unwarranted sales can be reduced to a great extent. If we understand the importance of holding bitcoins it will be difficult for us to sell bitcoins. And there is no substitute for acquiring enough knowledge to understand it.

CAR President Faustin-Archange Touadéra is a shrewd and visionary personality, revealing his Latin motto "Vires in Numeris"which means "strenthen the mumbers" which he used for Bitcoin. From his words we can easily get an idea of his motive.

Who has taken various steps towards the adoption of Bitcoin. This country rich in natural resources but one of the poorest countries in the world. Where the light of education is much needed. The action taken by CAR President is a bold one that we must support. If they are able to achieve widespread Bitcoin adoption, they will be able to highlight their strong position in the world alongside El Salvador. In the meantime, CAR has given special importance to various technical aspects including providing Internet services for Bitcoin adoption. Like El Salvador, they have kept the tax free of all the technological things. As a result, it is expected that the country will be able to reach their goals in a very short period of time.
894  Bitcoin / Bitcoin Discussion / Re: It is only Bitcoin and nothing else on: September 30, 2023, 05:38:45 PM


Bitcoin alone can't sustain the market. In order for the market to grow, there should be a demand that will be created, and without altcoins, the success in the long run might be slow.

Do you think Bitcoin will reach its all-time high without altcoins?

Now you are pumping the idea that shitcoins are needed.  Great.

King daddy does not need altcoins, but altcoins need king daddy.  How about we say it like that?  King daddy cannot get rid of altcoins.  Altcoins and a variety of attacks and affinity scams are going to continue to exist, so hopefully you are not getting too distracted into thinking that the mere fact that they are going to exist means that we need to speak nicely about them.  People do a lot of dumb things and people are scammed into shitty, inferior and sometimes completely worthless projects.  I doubt that we want regulations to completely save people from themselves, but surely frequently scammers are already engaging in fraudulent kinds of behaviors, and if they are not then there might be some value in just letting people learn for themselves if they are investing and/or buying inferior and/or worthless pump and dump crap.  

Of course, you are right that Bitcoin does not need altcoins, but what I would like to emphasize is that if we want to witness fast progress in the market, altcoins should be created as they can also create demand. It would result in a vice versa situation where both would benefit each other.

And for the record, I when I say altcoins, I am not referring to shitcoins, because even without shitcoins bull run would still happen, shitcoins are just riding the hype.

The question is, what demand do altcoins create that will help or have a positive impact on bitcoin? Other than being used for speculation, or frankly for gambling, I don't see any use cases from altcoins. Therefore, it cannot be said that Altcoins create demand that drives the market, they only push people who like to get rich quickly to rush into the market to gamble rather than invest.
If that's what you think, how can you explain, the top 10 altcoins in the market which some have even billions of dollars in trading volume.
https://coinmarketcap.com/

If you think they are just for speculation, I don't think they're different from Bitcoin. To see the bigger picture, look at the dominance; Bitcoin currently has 48.8% dominance in the overall market, and the rest is just controlled by altcoins. Imagine if those altcoins were taken out; panic would surely happen, and I don't think Bitcoin would stay at the current price.

Also, when a huge exchange is hacked, how come it affects the value of Bitcoin? So that only states that the market does not revolve around Bitcoin alone; legitimate altcoins are also linked to Bitcoin in terms of market sentiment.
If you consider Bitcoin and other altcoins individually, your perception of Bitcoin's position will change. I won't deny that altcoins don't have value because when a major altcoins admits to scam, the effect is temporarily reflected in bitcoin itself. This does not mean that altcoins can cause any losses to Bitcoin in the long run. Altcoins which I also consider a gambling coin exist today but may questionable in the future.

I can't make my fortune by holding a good altcoins because if they are suspicious then SEC or other agencies bring allegation or can be hacked, my dreams can be shattered. I don't want to let my dreams be influenced by others. Bitcoin is the only and fully decentralized one which I can trust.

I think bitcoin reached ATH due to the impact of halving, supply and demand in the market. Altcoins had no role in helping bitcoin reach its all-time high because the entire altcoin market was waiting for bitcoin to grow so they could increase in price.

It reached its ATH due to speculation, hype, and the like, because if it were organic, the price would not have dumped significantly after the bull run.
Just take the last bull run as an example: Bitcoin hit an ATH of $66k. Now, what is the current price?
As Bitcoin price has fallen, most of the altcoins have reached a risky position. You many know that how many altcoins have died in the market in 2022. How many altcoins have lost about 95 to 99.99 percent of their value? A survey of this will show you the reality. I have a question for you that I can assure you at some point Bitcoin will surpass its ATH but is that possible for altcoins?
895  Economy / Gambling discussion / Re: Gambling and it effects on: September 30, 2023, 04:51:21 PM
One one thing I have noticed about gambling is that before you win a thousand box, they might have milk you of more than that.
[I just want to use this medium to appeal to the younger generation, please stay off gambling, if you must do so, gamble responsible, don't take it as your only source of living so it wouldn't milk you dry.
Since there is no such assurance in gambling, we must go through uncertainty. Expecting too much from an uncertain platform is nothing but foolish. For those who see the gambling platform only as a source of financial income, this will surely bring misfortune. Those who enjoying gambling rather than getting more from here will survive in gambling. How one perceives gambling is entirely up to them. Gambling will be known as a platform of enjoyment for those who follow the rules and can control their greed.
896  Economy / Gambling discussion / Re: Why is horse racing so unpopular here and a bit of extra feedback on: September 30, 2023, 04:23:46 PM
Games that are directly played by humans are more attractive. For example scorer, cricket, basketball and many other sports but the sports that are conducted with animals have less interest. In this regard Horse racing face the same problem but we have to say that this is also popular sport but this sport is not seen regularly because people have less interest on it. If more events can be managed I think the number of spectators will increase as well as the gamblers will take the sports positively.
897  Economy / Gambling discussion / Re: Cockfighting? on: September 30, 2023, 04:04:54 PM
Anybody know of any crypto casinos that offer cockfighting? preferably vietnamese thai cambodian or filipino

Lol, did you ever actually manage to find this?

He won't as the majority here knows that it's going to be very difficult for crypto based casinos to offer it as they know the risk involved, specially those cruelty animals group. And to the country that he mentioned, it's part of their culture though, so hard for the government to crack it down although they might have been doing it for the last couple of years or decades maybe.

So the answer will be there are no casino that offer cockfighting. And if you are looking then the best thing to do is to go and travel to this countries and then see how he could bet with their local fiat money. But there are still risk as it will be stand out as a foreigner.
I have not seen any crypto based casino where it is possible to operate any such casino games. The main purpose of the casino is to do business. If they intend to conduct such an event then of course there will be more potential for them to lose. Because a casino must spend a lot of time to run such games which will definitely not be profitable. These games are limited to certain countries which is why they are not supported globally. Moreover, many people will not accept it because of the possibility of harming. I have seen Cockfight but I have not seen any such artificial event.
898  Other / Off-topic / Re: Do you gamble because you don't have sufficient money? on: September 30, 2023, 01:53:07 PM
who don't gamble because they have sufficient money to even gift to charity but that those rich who still gamble are only addicted to it not just because of the money. Therefore, that the percentage of the rich gambling is very small compared to those in middle class and lower class.

So my question is, is the percentage of the rich gambling lower than the middle and lower class?
To know this we need to observe what is the purpose of our gambling? If the issue of money income is get the highest priority, then it must be understood that the number of middle class or lower class is more because they try to be quick rich though there is no exact calculation, but approximately the result can be like this. On the other hand, if Gambling is only focus for entertainment purpose, then there may be a higher number of elites, but there is no way to say for accurately. As there is a middle class in every part of the world, they will certainly try to income more than elite, Although there is no exact statistics of it.
899  Economy / Speculation / Re: Buy the DIP, and HODL! on: September 29, 2023, 05:11:29 PM
I like the point that you are emphasising here and it is true that if we are ready to invest in the DCA way, especially if we have started it, then I think there is no specific reason to look at how vulnerable the price is because consistency must be maintained.
The problem that often happens is when we're already working on DCA and we get bogged down with the thought of price, which in the end will make our strategy fall apart in the end.
My initial period in 2002 was like this because I was dizzy with my thinking that was based on price but over time that became the main problem I had because when I was based more on price we would be dizzy so I tried to learn from the beginning and indeed for now it can be said that my method is much better than before with DCA which should not be too concerned about price.
If you continue to worry about the price in your DCA method then this will hinder you, it could be that you keep thinking about the price that has started to rise while still hesitating to continue? I think this thought must be eliminated at least whatever the price is if it's the DCA method then just do it.

Of course, we have to get away from that thinking. If we learn about DCA then we will not have any problem in saving bitcoins. Why do we use DCA strategy?

We all know that Bitcoin is best known for its volatility. By using this strategy an investor can reduce the risk of buying at high prices. By using of this strategy, we can bring the purchase cost of undervalued and overvalued bitcoins to a normal level which can further contribute to our bitcoin accumulation.

Investors can buy bitcoins because of the idea that the price of bitcoins can rise at any time. They can change their position due to emotional reasons, whether Bitcoin is experiencing a significant high or low. But if DCA strategy is adopted it is possible to avoid these emotional issues. Undoubtedly DCA removes the time requirement of an investor and can provide maximum assistance to the investor in disciplined investment.

Determining when the market will be bullish is difficult for everyone but if the investor does DCA then he can be tension free. You can benefit from long-term prospects without worrying about short-term price increases or decreases. Since DCA continuously increases the Bitcoin amount, it is easy to increase the Bitcoin accumulation after a certain period of time.

Bitcoin's potential increases over time and this DCA always reflects that long-term potential. DCA is a strategy that does not guarantee profit in Bitcoin but encourages long-term investment with risk mitigation which is profitable for investors.
900  Economy / Gambling discussion / Re: Have you seen gambling advertisements on TV? Opinion. on: September 29, 2023, 01:58:07 PM
I don’t see anything wrong with an advertisement if there are no direct calls to play. If it is simply informational in nature, then it’s okay. But if the advertisement contains aggressive prizes for playing and communicating a large bonus and an easy game, this should definitely be regulated by censorship.
Children may be attracted to gambling due to gambling advertisements on TV which has no chance to be ignored. However, if gambling is perceived negatively by the people of a country, but gambling is advertised on TV, it means that the people of that country will begin to accept gambling as normal after a certain period of time. If people are not attracted to gambling by immediate advertisement then after a long time there will be many gamblers. As a result, gambling companies may not recover in the short term, but after a long time, their business may increase tremendously. Gambling is usually advertised on TV in countries where gambling is permitted.
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