Of course, gambling can be thought of as a type of professional sports. This analogy has many points of contact with reality. But it is difficult to call gambling a sport at all. After all, sports also exist in an amateur version - when you and your friends play for fun, for communication and pleasure, and not for money. In sports betting and casino games, this is not the case... On the other hand, there are always free analogs of casino games, and you can set sports odds yourself and play with friends for fun. Perhaps the future will present us with some more interesting facts for this analogy.
Gambling is a neutral activity that can be used for different reasons. People have different reasons for engaging in gambling such as for research, entertainment, and profit. Some people might genuinely use gambling as a mental sport. There are some relationships between some forms of gambling with topics in mathematics. Areas like Probability, Expected value and others have been helpful in gambling. An individual might be involved in gambling because he wants to sharpen or measure his mathematical skills. |
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One of Bitcoin's many strengths is that those who buy at any price will not regret or despair because they can simply hold Bitcoin for the long term and wait for it to rise to a price that suits them.
Speculators are only afraid of buying at the peak price because they don't intend to hold Bitcoin for the long term and want to sell, so they feel frustrated if they buy at the peak. Long-term holders, on the other hand, don't care what price they buy at because they are confident in Bitcoin's long term rise.
One of the statements that made me keep DCA is "the best time to buy Bitcoin is when you can afford it". People who wait for the most suitable time to buy Bitcoin might regret it later. Bitcoin is still in its infant stage because the price will keep growing. It will be better for me to buy Bitcoin when the price is high than to keep my money in fiat and watch it depreciate due to inflation. Those who are concerned about the daily, weekly or monthly price of Bitcoin are traders. Investors have a long-term plan and they don't care about the short-term market movement. |
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we know that gambling rates has gone up because of the accessibility of online casinos. is gambling addiction worsen by social media? we know how people can be influenced by other people posting on social media. from products to services, so it is not too far off to assume that gambling is part of it. when an individual start posting about how he is able to win in a specific casinos, there would be a hundred other people wanting to play in that casino.
are you easily influenced by social media? do you think this is healthy? are other vices like drinking, smoking and etc worsen because of social media?
Every invention has its merits and demerits. Online casinos brought convenience and a variety of games to gamblers. However the social media has become a platform to spread falsehood and fake experiences. The days I don't believe most of the things I come across on social media. Most of these influencers or individuals who post big wins on social media might be fake. Some of this news cannot be verified, so there is a need to be cautious. Gambling is highly determined by luck and skills, so no certainty that using a specific gambling platform will bring wins. |
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Because I remember very well in 2020, everybody considered Bitcoin as option for investments and trade. This days people chose physical jobs compare to Bitcoin traders, is that research statements true or you can educate us more
Or people just realized that holding bitcoin give you profit than doing whatever you're doing with trading. I knew a bunch of people who lose money due trading on perpetual market with bitcoin and I see people who become millionaire by simply holding bitcoin. I think explanation is pretty simple, bitcoin trading isn't as easy as it seems. Contrary to what the first poster wrote, Bitcoin is receiving massive awareness and adoption. More people and businesses are using it as currency and an investment. An indication of the growth of Bitcoin adoption could be seen in many countries, making robust or comprehensive laws to control the use of the currency. More countries are also preparing to use Bitcoin as a reserve currency. Bitcoin trading shouldn't be seen as a full-time job. Most traders I know engage in other endeavors while they use trading as a side hustle. |
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Bitcoin mustn't be used as a legal tender by countries before we can enjoy the potentials of bitcoin. If crypto isn't illegal in any country, it means that you can use bitcoin as an alternative payment method if a store or service is accepting bitcoin. Bitcoin is already a global currency and that alone shows that bitcoin have achieved the purpose of creating it by Satoshi.
For now, countries are more interested in using Bitcoin as a reserve than making it a legal tender. The GENIUS Act in the US has provisions for the establishment of a Bitcoin reserve, and there have been moves by legislators in different countries to take the same step. What Bitcoin needs is awareness and adoption. The government should make favourable policies that will allow individuals and corporate organisations to freely use Bitcoin. |
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There was an extent I followed the game up I was angry the way Juventus was playing, once they equalize union giloise will score and it was annoying so at 90 minutes I cash out NGN 400 because I was so angry only for me to check back and saw 4:4 that was the most annoying part and I think if I would have gone to bed I wouldn't have cash out the game. So I think most times the only way to avoid this is by going to bed and forget about it but sometimes you need to stay up to monitor the game.
What do you guys think?
If luck is on your side, then you will definitely win, if you can throw the right research and right guess on the team, then you will definitely be 100% sure of winning. Never look at the profit and win again and again while betting on gambling, then greed can arise inside you. Join the bet with as much money as you can afford to lose, because if you keep looking at it again and again with half a bet and you keep feeling the bet and the game again and again, then you can be a sign of addiction until the last and if you face losses, you can get even more annoyed. So when you bet on sports, you never look at it again and again, because you bet because you are involved in the bet because you can lose. Sometimes I cash out when I am moved to do so, and I don't regret it even if I lose. But I wouldn't cash out an amount that is lower than the amount I bet.The reason why I don't regret it is that you could have also lost. Gambling is for mature people who can take responsibility for their decisions. However, there are some lessons to learn from OP's experience. Gamblers need to be courageous if they are sure of their bets. Regardless of how the game is going, you should have the inner strength to wait and not cash out. If going to bed will make your stay strong, then do it. But I might not be able to sleep if I am following up on my bets. |
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I was checking some stats and this one really caught my eye. In 2019, legal sports betting in the U.S. only made around $0.9B. Fast forward to 2023, and it already hit $10.9B in revenue. That’s more than a ten-fold jump in just four years. Total wagers? Over $119B placed by Americans last year. The COVID-19 lockdown made online gambling popular. And the boredom of the lockdown led to an increase in gambling activities. So it's not strange to see this report. Makes me wonder, what’s fueling this surge? Is it mainly:
* more states opening up to legal betting,
*the convenience of mobile apps and live wagering,
*or nonstop marketing that made betting feel “normal” already?
Big question is, can this growth really last or is the U.S. just catching up after legalization? From under $1B to almost $11B in a few years, that’s huge. The reason for this increase might be the combination of these factors. These states are now seeing the profitability of gambling. And this has made them make favourable policies to attract more gambling firms. Inflation and economic problems are making people seek other sources of income, which might include gambling. We cannot write off the convenience that online casinos offer and the aggressive marketing of many casinos. If it can happen there, could we see the same worldwide, or will stricter rules and backlash eventually slow it down?
What do you guys think, is this real momentum or just temporary hype?
There has been an increase in restrictions on gambling activities. Indonesia, India, the Philippines, etc, are currently restricting gambling activities due to a high rate of gambling addiction. We cannot predict government policies because a change of administration could lead to a change. |
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Is there any possibility that bitcoin could push forward to 120k dollars to 135k dollars unders the condition that momentune and institutional interest need to continue
Bitcoin spot exchange-traded funds (ETFs) have been experiencing steady inflows in September. If this continues Bitcoin may beat its last ATH of $124,290.93. In my view $135k is possible, however nothing is certain. I guess we are mostly referring to Feds here, in which case it might dictate the price, or maybe Trump, I am biased.
US monetary policies have been having an effect on the price of Bitcoin. Trump has been pushing for an interest rate cut and has achieved it. The market seems to have reacted positively to the Bitcoin price because the market has been green since yesterday. |
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unfortunately, the operation of the central bank does not align with what is happening to bitcoin or not. the commercial banks make their policies based on what they feel is okay for them and what the government wants them to do without considering the effect of such decision on the populace. most of the decisions that are made by the centralized banks including the central banks are tilted more to political policies that benefit key policy makers and not one that benefit the average user of the centralized systems. The central bank's monetary policy is always based on statistics from inflation, employment, and others. And these data affect the people. Key government officials and big corporations may influence Central Bank policies but it is assumed that it is for the good of the masses. as long as we don't use bitcoin alone and must relate it to the banking system when we want to either trade or carry out some sort of transaction, we can not say that we are completely free from the influence of commercial banks on us.
Most governments will not want to make a currency they cannot control a legal tender. In some countries, government regulations are making Bitcoin use difficult without KYC. But to enjoy the privacy and freedom benefits of Bitcoin, one had to strive to avoid centralized systems. |
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I'm talking about what I observe on a daily basis. I believe that men tend to take more risks, not because they're better or stronger, but because women are more detail-oriented, cautious, and calculating most of the time. They're exposed to the same risks as us men, but they think more carefully before making decisions. According to data, men still hold the majority in the betting market and when it comes to gambling addiction, but the number of women is growing rapidly, and soon this gender issue will be irrelevant.
More women are embracing gambling since the COVID-19 pandemic. Some of them used gambling for fun during lockdowns since life became boring. With the growth of online gambling platforms, more women now gamble more since they can do it secretly. Regardless of this fact, men are the highest risk takers. They are always desperate to make money to take care of their families, and this attracts them to gambling. Since they are the breadwinners of families, they tend to seek means to make money. |
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So what do you think gets someone more addicted?
I think it's more addictive to place several tiny bets everyday, because addiction is related to the frequency of your play. If you gamble only twice a year, it means you aren't addicted, because you can control yourself in order to prevent from gambling too often. You may still place big bets twice a year, but you will have the other 363 days to organize and plan your finances, so it's not that serious like being a daily gambler (a compulsive and problem one). I don't see someone who places bets a few times a year as an addict. For such a person to restrict his gambling activities to less than ten times yearly shows that he had full control over his gambling behavior. Using huge funds makes him a high-risk gambler, and I don’t think it would lead to addiction. People who gamble with small amounts consistently are more prone to gambling disorder. They might get used to the activity making them lose control. |
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It's a basic rule of thumb, isn't it? Especially for a non-airgapped device, either phone or computer/laptop. But of course, it will change the convenience and accessibility which is more people used to be comfortable, convenient to use ready-to-use device than having such secured setup thay will take more time to send. And guess what, it will end up in very the same manner just like everyone who lose their funds out of their hot wallets.
The so-called stressful or time-consuming process of taking safety precautions cannot be compared with the pains of losing money. Some people are just too lazy to do the right thing and they will end up learning the hard way. No body is entirely 100% a security guru until they are attacked and notice that they have a loophole they need to cover, but some have been able to upgrade and cover their little mistakes by just being very careful and taking corrections from those who fall victim to hacks and exploits. As days go by, that’s how we will have to expand our knowledge on security and make sure that we are not left behind; even the most once-known secured devices are now discovered to have security issues that raise concern.
New scam strategies are developed almost every day. That's why we should keep learning. But some people don't care much about the safety of their funds that they fail to adopt well known and simple protective measures. |
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After reading many posts I have to agree with you because it's not a matter of poverty or anything else children always bring positive changes that are important for every human being this also gives good motivation to do hard work and enjoy life.
I am living here where things are below average but people have a good luxury of kids which brings them happiness and provides good encouragement even in difficult times.
In few countries, the mindset is changing and people are not feeling this way still, those who love children are doing their best for it. Many want to live without children, which is their right, but I always want to have kids around me for happiness and a good change in life.
Some people enjoy life without having children. The cost and responsibility of raising children are scaring some people from giving birth. With the high rate of inflation, the cost of living is also rising, so people wouldn't want to bear the extra burden of spending on children. Child raising also requires time and energy. You need to be always around to take care of them, and this will affect you not just in your career but also emotionally. The emotional stress of bringing children can affect mental health if one is not careful. I have children, and I can affirm that children bring happiness and they can motivate parents to work harder. The love they shower on us parents cannot be compared to anything. |
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I made a post once titled "is Bitcoin just for the rich? " , I got a lot of reply and the majority said Bitcoin is also for the poor, thats not a really wrong answer, but how many poor folks have made the kind of wealth like the top investors with alot of resources.
I made some more research and I discovered more. I discovered that the rich have a high advantage when it comes to Bitcoin, we should know that Bitcoins high volatility and complex market dynamics often favor those with more resources, this rich folks got what it takes, they have the experience and Market knowledge to do as the wish without breaking a sweat or being scared because they have the funds and can afford to hold through market fluctuations. This guys can make big investments in market analysis, tools and expertise, tell me how will the poor catch up, how will the poor get to such height, how can they afford to overcome fear when there is little experience. It is very challenging for the poor investors to succeed in the Bitcoin market, potentially whitening the wealth gap.
Rich folks might hire the best economist to get sound investment advice, but the same information can also be accessed by the poor. With your phone connected to the internet, you gain sufficient information that will enable you to make sound investment decisions. Most of these big investors started with small capital and were able to grow their portfolio. Bitcoin has given both the rich and the poor the opportunity to make profit. You don't need to have enough money to buy one or more Bitcoins. Start from your level through DCA and grow your Bitcoin. Well I do not think Bitcoin is only for the rich. There is alot of people in some poorer countries that does invest in Bitcoin.
We have seen an increase in Bitcoin adoption in developing nations. Many people in Africa are using Bitcoin as a hedge against inflation. When the value of fiat was depreciating in some countries, Bitcoin became the beacon of hope. |
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It's not all the politicians there that was caught and exposed in the act so you can not judge all the politicians to be the same, perhaps in a group trying to achieve a common goal, you will definitely find corrupt individuals among them. All the politicians and government are not involved in gambling but rather it was the corrupt politicians and if you dig further, you might find out that the politicians that were caught with this act of gambling did not take part in pushing for banning gambling.
Politicians are hypocrites. Most of them are loyal to the party, so they tend to support the manifesto of the party even if it is against their belief or actions. Some religious politicians in my country support an alcohol and recreational drugs ban. But they have been caught several times using these items. They just want to support because of their supporters but they are hypocrites. My suggestion is that any politicians who breaks the law he supported you serve double of the punishment stipulated for such offense. |
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An interesting story. If I were to win a really big amount, my first step would probably be to tell my grandmother. She's in debt with the bank, and every time I see her being billed, I feel sad, even though she can still afford to pay it back. Honestly, I want to help her, especially until she can pay it off.
But before that, when we win big, the first thing we should do is withdraw our winnings and go enjoy it. Because some people can't do this.
This story shows the daily struggle people go through. People carry burdens they wish could be taken away so that they can enjoy life. Hood is used mainly by African Americans and it stands for a poor or economically disadvantaged neighborhood. One will begin to visualise what this dude and his family were going through. It is an indication that some gamblers have good plans for big wins. It is not all of that that ends up squandering big wins, as mostly reported by the media. Withdrawing big wins and using them to sort out your bills and enjoy life is important. Let's not be tempted to gamble more because we want to win bigger. |
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The league is starting tomorrow. Champions League pressure is different from other competitions, so right now we can’t say what Real Madrid’s performance will look like. I think we should wait and see how it will look just a few hours from now. Many clubs have already prepared for this season, and for that reason, I think we should all wait and not predict how a team will perform. We can’t say they will face a hard time or find it easy because Jude Bellingham is back. One player cannot work out things for a team. Let’s just hope for a good result from Madrid because many clubs are getting prepared this season.
The return of Jude Bellingham is a big boost to the Real Madrid team. He has always sacrificed for the team, playing with a brace for a long time after suffering from a shoulder injury in a La Liga match against Rayo Vallecano. His recovery after the surgery was to last for about 12 weeks, but with his inclusion in the 23-man squad for that will face Marseille, he has recovered earlier than expected. Arda Guler has enjoyed consistent time in the team since the Englishman's absence and he has not performed badly. But the return of Jude will bring depth and experience to the squad. My prediction is that he will be introduced as a substitute since it will take some time for him to fully recover |
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To me it doesn't feel like it means anything real for now. I mean, haven't they been kinda saying the same story for years?
Also it sounds just more like advice rather than an actual directive.
'Hey, make it easier to make crypto business' is different from 'Here is a new set of rules of what you must have by this date or else'
I don't think it is just advice since it is consistent with the Responsible Financial Innovation Act of 2025 discussion draft. This draft contains the list of crypto-related activities that banks can freely engage in. Comptroller of the Currency Jonathan Gould was simply interpreting an existing draft that is under consideration by Congress. You are right, it's just advice since the draft has not become a law. However, it's good news for people who want to invest or transact in the crypto industry through third parties. Bitcoin was created for freedom, privacy, and decentralization. Banks will promote government surveillance and control. |
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The crazy part of this, even accounts that they've blocked due to investigations or regulations still get charged for being dormant. The users cannot access their funds to move them and those funds are slowly depleted. The users can't confirm how much is being taken either. This is absolutely wrong. They are indirectly stealing from the account. Accounts that are under investigation should be exempted since it's not the user's fault that they become dormant. I can't find any regulatory reason to specifically charge dormant non-kyc or non-kyb accounts.
I know that banks charge dormant accounts to cover the cost of maintenance. The exchange is keeping your account, even if it's dormant, you would have to pay for record-keeping and safekeeping. All these are ways of making more profit. |
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I don't think is all online devices is hackable if you don't exposed your password to hackers, because they will not know the type of password you are using to access your online device. I believe you have heard about electrum wallet, and you can use it to save your BTC for long years without you have negative mindset of the wallet, because is among the online device you can use to hodl your BTC to be free for hacker.
Electrum Wallet has a reputation for being one of the best online wallets, but it is also prone to hacks. You will achieve more security with Electrum when you achieve an air-gapped wallet. It will make you run your wallet on an offline device. Wallets are mostly prone to attacks when they are exposed online. So don't just drop your guide just because you think Electrum wallet is not hackable. I don't think there is any wallet that cannot be attacked, hence our security depends more on us. |
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