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1  Economy / Economics / Re: Money addiction on: May 24, 2024, 09:59:11 PM
In my opinion, there is no one who doesn't want a lot of money because that is human nature. Especially in this era, to survive you need money. Therefore, if asked, everyone definitely wants a lot of money, it just depends on how they can make a lot of money to meet their needs or want to achieve certain goals.
Money is the ultimate goal why people work so hard and invest a lot of time so they can end up having a sufficient amount of income. Otherwise, if you stop on working and earning money, you will definitely struggle on living your life and survival would be at risk. That’s why people keep chasing to make more money, not actually to live a luxurious life but even if it means for survival only.
2  Economy / Gambling discussion / Re: NBA 2023-2024 betting on: May 24, 2024, 02:20:18 PM
@GreatArkansas, Thanks as that clears everything. We cannot argue with that call anymore as that camera of them is more reliable and we can see it, if we still don't believe it, then maybe we are just being biased.  Grin

Updated record 20(W)-20(L)..... 50%

Game 1 is Dallas, game 2 this is the Wolves winning to even the series.

Spread is high after their loss, but that's even more attractive to win as it tells me it's going to be a big bounce back win by the home team. I am expecting to see the kind of defense that win games for the Wolevs, and with that, this game is gonna go under.

my picks.

Wolves -5
under 207


50% record,  you're even mate, but you'll not end up with that percent since there's still plenty of games to bet on. Hmmm.. what I like about your pick was the Wolves -5. I'm sure they'll make the right adjustment and will leave for Dallas with a 1-1 series score.

Let's cash that bet. (hopefully)
3  Economy / Gambling discussion / Re: 2022–23 PBA Commissioner's Cup on: May 24, 2024, 06:40:38 AM
On the total, I have the first game under 177.5
I like the under as this sure a very defensive game. Ginebra can't afford to go down 1-3, so I'm sure it will be a very defensive start from the beginning until the end of the game. Normally, the 2nd half is more defensive especially if the first half ended in a close scoring, so consider that asa well.
Same here, but I guess I'll be betting on the  kings to win this game with -3.5 point spread. I am just observing the point spread and it seems it's not moving. I don't care if it's a trap or not but Ginebra cannot go down 3-1, so if they'll win, I believe they'll finish strong, and with that, they'll likely cover the spread.

I also checked the stats of Thompson and C. Stand, they seemed had a bad game in game 3, so I'm hoping for a big bounce back game and deliver a win.

and over 215.5 for the 2nd game.
This is just a battle of 3 point shooting, so I woudn't be surprise if the result will be over again. last game, the total was 224.
I think it's safer if we will also bet on the SMB's team total, and over would be easy since they are not struggling to shoot.

It could be a high scoring or low scoring, it doesn't matter, what matter which I also believe is that SMB are going to finish ROS tonight, so count me in on the spread which is -6.5.
4  Economy / Trading Discussion / Re: How you trade in uncertain times? on: May 23, 2024, 09:22:17 PM
In trading you must need to know what are the current market situation next is what are the possible move of the market with the help of the technical indicator, and signals you can easily manage the risk if the position you are keeping an eye is ideal to trade or ideal to skip, not all market movement is ideal to make a trade if you are not sure better prepare for more clearer possible movement. Unless you are willing to take a risk with unsure information with the chart.
Trading at a market where you think you aren’t sure how it will move after you trade will only add more risk of losing. That’s why good and responsible traders never risk trading if the market is highly uncertain, otherwise they will only end up losing their capital.

Trading is not supposed to be done at all times, or when you think you have good vibes to trade. You should consider first the market condition and if it’s not good and favorable enough, better not to trade at the moment so you can avoid inevitable losses that time.
5  Economy / Gambling discussion / Re: 2022–23 PBA Commissioner's Cup on: May 23, 2024, 02:37:33 PM
The last statement is important siding for Gin kings might be a good one here, for sure CTC will find that good adjustments to improve both their offense and defense they've been outplayed by that familiar uniforms who mostly their opponents during the finals, they need to keep on moving and rotates the ball wisely,  as per Meralco what they've doing with their defense really paying the price as they manage to limits Gin kings predictions.  It's an interesting game 4 for sure as we will see how both teams will prepare in winning the game.
I think Ginebra are not really that good as an all Filipino players, they were only popular with Justin Brownlee with them, and now they are already exposed. The same roster, well, added few players but it seems like Meralco has been dominating them already. I would not say it will finish early but the way Meralco are playing, they'll most likely win the series.
Don't conclude it yet, it's still far from over as the series is now 2-1, maybe if Bolts will win the next game,  then we can talk about how good the Bolts are. Ginebra will try to even the series tomorrow, anyone here dare to bet on them? Here's the point spread for the game.

Ginebra -3.5 vs Meralco +3.5

For the next game, we have SMB -6.5 vs ROS +6.5
I think the first is interesting, on the 2nd game, it's not worth betting, but if I will, I'll take SMB -6.5 on this close out game.

On the total, I have the first game under 177.5 and over 215.5 for the 2nd game.
6  Economy / Gambling discussion / Re: NBA 2023-2024 betting on: May 23, 2024, 01:45:41 PM
-snip-
Sorry but I got to disagree with you because it was reviewed, not only 1 ref made a decision, it was a unanimous one and I think they know their job better, unless we think it was rigged.
You see from the top view camera angle and the ball clearly flips out from scope of the cylinder they usually make the judgement of the call. Believe they line it up in a cone formation to make the call.

Look at the screen below:

https://www.youtube.com/shorts/dVjr64E9l7k

So call it what you will. But watching it live like I did, you can see where the ball's trajectory was going and where he grabbed the ball to dunk it for the score.

Allow me to joined the discussion here. I also checked some video regarding that controvertial call by the refs, as you can see in
https://www.tiktok.com/@bleacherreport/video/7372023824172305707

And here's some of the comment that agreed with the call.

Quote
Yes because in replay you can see it’s an inteference, Kat couldn’t see it fair enough, Luka was looking under the basket he saw it

And this one could explain as well.

What is basket interference? Explaining controversial call on Karl-Anthony Towns in Timberwolves' loss to Mavericks

Quote
What is basket interference?
Touch any ball from within the playing area when it is above the basket ring and within the imaginary cylinder.

Offensive goaltending is rarely called. The shot Wednesday appeared to be leaving area of the rim, though it could have had a chance to hit the rim again on the way down, making it a close call for the referees.

So it was a close call, and since refs made the final decision, we just have to accept it and move on, besides, this is just game 1.
7  Economy / Speculation / Re: Is $84k the Peak for Bitcoin? on: May 23, 2024, 09:43:35 AM
Bitcoin will get to $84000 is not exciting to me. What can make me more excited is bitcoin to get to $100000. Another excitement would come when bitcoin will no longer fall below $100000 but this will be a long time from now. We still have over 7 months in this year to finish, it is still a long time and bitcoin will get to $100000.
I agree. It’s certain that bitcoin will eventually reach $84k few weeks from now, and I think it’s not surprising anymore. But most likely, price correction will be visible first before we will hit that amount. However, hitting the target at $100k creates more interest and motivation to all new and old investors here. Because once it happens, that proves that bitcoin price has reached another level, which I think creates a huge advantage for all those who believe in bitcoin.
8  Bitcoin / Bitcoin Discussion / Re: Do your parents invest in bitcoin ? on: May 23, 2024, 08:33:19 AM
No my parents don’t really like bitcoin. They are mostly into the classic stuff like real estate and stocks. I can’t blame them though because they are doing pretty good with those assets. They don’t need to invest in crypto because they can already make money without taking too much risk. Living long enough has benefits like that because time in the markets always beats timing the markets. Ask Warren if you don’t believe me. He made majority of his wealth after he became an elder. He was kind if rich when he was young but as he got older, he became filthy rich.
If your parents are already investing in the stock market then kudos to them, I don't really know anyone whose parents invest in the stock market. In their case I can understand why they are reluctant to invest in bitcoin, they are already getting good results, why should they take bigger risks? If it ain't broken, don't fix it, this is their case.
Bitcoin is much more risky and volatile than stocks, so if they are profiting well from stocks alone, I guess that would be enough for them since they don’t need to take greater risk to achieve greater returns. I bet they are not young anymore to get involved with high risky investments as they would surely become more impatient about it most particularly in bitcoin where its price often fluctuates. You can still educate them about bitcoin but never expect them to bite about bitcoin investment.
9  Other / Beginners & Help / Re: Read Well and also think we'll before you respond to post. on: May 22, 2024, 09:56:46 PM
The essence of making a post is to either educate or be educated from the different opinions or takes of the users but when this criteria is not met, it becomes irrelevant and as such deemed off topic. Many people rush into replying a thread without knowing head or tail of what is being discussed simply because either they want to complete post count or they just feel like adding their two cents.

Posting off topic doesn't necessarily mean that the response by some users didn't align with what the op was trying to say but it can also mean it's generic and like @Cryptoaddictchie pointed, it just doesn't make sense.
You were right. Replying to a post or thread means that you have something valuable to say, that can benefit others as well as the author itself. But if you are doing the other way around, and is not meeting the purpose why you reply to that thread, that simply means you are going off topic. Sometimes, posting is not actually the best option, just read and try to analyze first your comprehension so that when you do such, you will hit the bird’s eye view.
10  Economy / Trading Discussion / Re: Why trading and not something else? on: May 22, 2024, 09:23:51 PM
Why wouldn't it be trading? Imagine always being able to do and trade whenever you want as long as you have the setup to begin with. It would help if you got to do what you want in terms of IRL events in your life and trading might help you achieve that.

In terms of having free time, it would be hard if you are trading regularly but in terms  of having work, you would have a hard time doing it. You probably need to get tools like Gunbot.
If you are capable to trade because you have the knowledge and skills, then why not? Trading could be an effective source of income if you have what it takes to be a potential trader, but since we all know not all trades turn into profits due to market uncertainty, you could always stay in your main job and still be doing trading as your side hustle. That way, you will have multi profits coming from reliable sources.
11  Bitcoin / Bitcoin Discussion / Re: Bitcoin Bullish period and advantage. on: May 22, 2024, 08:45:31 PM
The reality people who buy Bitcoin at the dip and sell during bullish is better than DCA and holding.

From the past 4 years, if someone can buy and sell at the right time, they can at least earn 12x since the price on 2020 was $5K and now it's $70K. If they're DCA-ing Bitcoin from 2020, they're only earn 2x-3x.

Trader is better than investor, everyone can become investor, but not everyone can become trader.
Well, I could say it’s a wise option but I guess holding as well most especially if you start buying and holding at its dips, will definitely turn into a massive profit, not just 2x-3x but somehow it could reach more than that especially if bitcoin price surprises us with a new all time high. Although buying at its dips and selling at the bull run will always promise highly significant profits, but more than that, holding your coins and leaving it in your wallet for like 10 years, I think it will enable you to reap highly exceptional profits in the long run. Bitcoin price is unpredictable, so it’s hard to determine its right time to buy and sell at a short term.
12  Economy / Gambling discussion / Re: NBA 2023-2024 betting on: May 22, 2024, 12:28:16 PM
Nice hit, @ralle14, as the total first half points were 128, way over the bet you picked, so it was an easy win. The game was indeed high-scoring, especially when it went to overtime. This looks like the trend in the series, as both teams love to run and are shooting at a high percentage. The Pacers are known to be an offensive team, and if the Celtics are winning with that kind of pace, I think they'll continue to play the same in game 2. With that said, I'm already looking forward to the game 2 over.

Anyway, let's discuss the other conference finals. Tomorrow we have the Dallas vs. Wolves game 1. I hope this is also a great matchup. Both teams are coming from tough series, so I expect they'll give each other a headache.

My pick would be Dallas moneyline and under 206.
13  Bitcoin / Bitcoin Discussion / Re: Are you increasing your bitcoin investments because of today halving ? on: May 21, 2024, 09:52:43 PM
Basically people who do think that bitcoin will do fine on the long run, have nothing to worry about and will keep on trying to make it work. I personally believe that we are going to end up with a greater result one way or another, and it has to be something that will take a while, which isn't really all that complicated, it should be something that will take a while but it isn't really all that weird.

We should consider long term holders as people who are eternally hopeful, and I know I am, which means that buying bitcoin and accumulating more is a great way to move forward. I understand some may want to look at shorter term, and usually summers do not look great, so I understand the doubt for short term, but I look beyond that.
Regardless of market’s price crash and corrections, still I would stick to my goal of hodling bitcoin. That’s because I believe bitcoin has huge potentials to soar high in the future, so I won’t stop accumulating more bitcoin through DCA most especially if there are buying opportunities happening in the market. Although not everyone here is encouraged to take long term with bitcoin as others prefer short term, but what’s matter the most is you still earn a good amount and never lose from your investments.
14  Economy / Gambling discussion / Re: 2022–23 PBA Commissioner's Cup on: May 21, 2024, 01:32:14 PM
The Semi Finals will resume tomorrow with the follow schedule and betting spreads.

4:30 PM
Rain or Shine vs San Miguel Beernmen (-5.5)

I don't get why the spread is still the same, it was obvious that ROS stand no chance against the SMB. I know it's a very important game for them tomorrow as they will prevent to go down 0-3, but the way they showed in game 2, I think they just can't win even one game.

However, as a precuationary measure, I don't want to fall into the trap, I'll observe the line and will only place my bet minutes before it will start.
Here's what I'm gonna do, if the line will move to -8.5 again, I'll be betting on the SMB, but if the line will move -3.5, thn I will bet on ROS to win outright.

Bolts vs Barangay Ginebra (-3.5)

This is a close game for sure, and so far Meralco is having great offense in the last 2 games, although they loss in game 1 but they were manage to score over of their team total as predicted by the bookies, so I guess betting on over 179.5 is still the best choice for me.
15  Local / Pamilihan / NBA - Dallas vs Minnesota (Western Conference Finals) Guess and win! on: May 21, 2024, 12:36:47 PM


ctto


Matagal tagal na rin walang mga palaro dito mga kabayan natin, kaya naisipan kung magpalaro naman para ma enjoy natin ng husto ang NBA WCF.

Hindi pa nag sisimula ang ang game 1 kaya magandang umpisahan na natin agad.
I simplify lang natin ang rules of the game.

1-post your prediction before the start of game 1.
2- No editing of post (kung sinong mahuli automatic disqualified)
3- Isa lang ang pwedeng manalo, kung sinong naunang may correct na prediction, siya ang panalo..
4- member to legendary only


So ito na.. predict the correct series score and the team that will win.
Example, Dallas 4-3


PRIZE : Php2,000 in BTC.



out

Wolves 4-0
16  Economy / Economics / Re: Disregard false religious teachings and invest for the future. on: May 20, 2024, 09:59:15 PM
People are free to believe what they like based on religious or traditional beliefs, that's their business. I have always told people to think rationally rather than depending on any teachings. Most of these teachings from religious leaders are faulty since it is not based on the teachings in the Holy Books. Most of these religious followers are too lazy to read the teachings of the founders of their religion so they end up accepting the teachings of these new age teachers. The only businesses that I cannot invest in an illegal ones or the ones that promote immorality. No amount of religious teachings can convince me that investing in Bitcoin is sinful.
People will have different say on this. Some may instantly conclude that investment has no vital role in life, they will only bring risks and makes life complicated. That’s for those who’s lazy enough and are fearful to take some risks. However, for those who are open-minded individuals and would always believe that investment is the only way to change one’s life position and status, they will always root to succeed in the future even if it means committing mistakes and losses at first that will make them more encouraged to think more rationally on their investments.
17  Economy / Trading Discussion / Re: How to become a successful trader on: May 20, 2024, 09:34:58 PM
I think there is a ton of thread here or in the internet that talk about "How to become a successful trade" the answer can be very but in my opinion the key to be successful trader is money management and control emotion because if pro with that I believe you are gonna becoming successful trade. Tho I say this but personally Im not a successful trade hahahah but I believe those are the key
Emotional control is a big part in trading, if you are good at it, you will definitely turn into a successful trader. Also, having a good and reliable trading plan and a good risk management contribute to the success in trading. If you can’t carry a trading plan and does not show risk management, you might be making profits temporarily but in the end, you won’t be an ultimate successful trader. Success is gained only when you are doing the right thing in trading, and not when you copy trade or follow those unreliable signals that will only put you into losses in the long run.
18  Economy / Gambling discussion / Re: Martingale strategy is a failure if you are consistent with it on: May 18, 2024, 01:20:24 PM
I love roulettes because it is very easy to play and I see it relaxing. I bet with $3.5 yesterday using martingale strategy as I want to see what the outcome would be, I was able to win $6. $6 to $9 but it will go down to $3 until I won $10.  From $10 back to $6 until I won $13. Later I won $18. I played 5 consecutive times without winning at all and I lost the whole money. If won any among the 5 times selection, I would have increased it to back $18 or to $25. It was a boring day for me, I enjoyed the game, I wish to play more but I do not want to lose more money.

I've also experienced that martingale method, where you are happy at first when you win, but when you lose one after another, it's the kind of thing where you can throw stones at things you suddenly grab.
it's mostly the emotion that we failed to carry. losing streak is bad, more so that you are using a martingale strategy, it doesn't make sense at all because you'll feel the high pressure in betting the higher your losing streak are. That's why I recomment flat betting, just choose the right pick and win most of them, at least that way you can enjoy a profit and you'll not build an attitude of beting greedy.

Then the worst thing I experienced was 15x, and every time I lost, I did it if the amount was x3. Of course, when it's x15, that's a big amount, but your starting size is not like that; of course mine is only a small amount.


15? That's too unlucky of you. I'm wondering what was your starting bet?

just imagine this 10 losing streak with $10 starting bet.
https://www.gamingtoday.com/tools/martingale/
Quote
$10 ($0)
$20 ($10)
$40 ($30)
$80 ($70)
$160 ($150)
$320 ($310)
$640 ($630)
$1280 ($1,270)
$2,560 ($2,550)
$5,120 ($5,110)

you need to wager $5k just to win $10? How would you feel if you are in that situation?
19  Economy / Gambling discussion / Re: 2022–23 PBA Commissioner's Cup on: May 18, 2024, 12:00:40 PM
I had also place my bet already, I booked the under 177.5.
This looked good in the 1st to 3rd quarter but the 4th quarter was about scoring, the game ended at a total of 180 points. So you loss your bet. I remember the point spread was -4.5 for Meralco, that could have easily win as the Gin Kings already wasted time but with 5 seconds left I guess, I don't understand why Meralco still choose to score despite the fact that they are already down 6 points, as a sign of respect, they should have already wasted the time since there's no point quotient already. I smell fishy on that last play.. hmmmm.. Turned out, Meralco covered the +4.5 because Ginebra won only by 4 points because of that no necessary shot.

Do we expect to hear another fans that threatened players because of that last shot? I used to remember Mambatac when he took that last shot even there's no way that they can win or tie the game, he was threatened in his social media accounts and really put some noise about that, as the gambler who loses their bets thinks that Mambatac messed it up, is this another some sort of same situation where someone takes it even there's no chance of winning the game but the sole purpose is to messed  with the handicap. Hahaha just saying.. but for those who pick the handicap for the Gin kings just need to move forward and try to analyze the next game then place a bet..
Possible but I think this was a different scenario because Nambatac shot it from the outside and they have the last position although they already loss, that kind of scenario can also be seen in the NBA. But this one, Ginebra already wasted time as they want their opponent to not shoot the ball also, and they are shaking hands already, but still they decided to pass the ball near the rim for an easy lay up before the game was over.  That really looks fishy at all IMO.
I think about that Nambatac's threat issue before it can be justified because there was a point quotient, but this in the best of 7 series, they still make that shot when it doesn't matter anymore. That only showed how disrespectful that team (meralco) is, so I think Ginebra aren't gonna give them a chance to come back in the series. No game today due to rest but tomorrow the game 2 of 2 match ups will continue.

I'm still rooting for the SMB and Ginebra, IMO, it's worth doing a parlay for the moneyline.
20  Economy / Gambling discussion / Re: NBA 2023-2024 betting on: May 18, 2024, 07:56:12 AM
Who is betting live? It's a close game at Indianapolis so far. I don't usually do well on handicap betting but I'm still taking Pacers (-4.5) @1.8. Brunson shooting poorly in the first quarter which could be good for the Pacers and my bet but Siakam's two early fouls could pose trouble late in the game.

Aaron Nesmith have done an impressive job on keeping Brunson at bay for most of the entire first half in which Brunson scored only just 5 points, but it has been different story in 3rd quarter as Brunson put up 14 points. Heading into 4th quarter now with 13 points advantage to the Pacers. I think it's safe to already say the series is going all the way and we'll have a game 7! Of course except the Knicks are able to pull off something magical in 4th quarter.

Brunson shoots bad on the last 2 games on the road, but the Knicks have to play more defense on him as he is unstoppable at home. As predicted, the series reach a game 7 which is going to be fun and I don't see another blowout win from the home here. The spread itself would show that it's going to be a close one, I'll monitor the injury status of the Knicks roster,  if Hart will play, probably my play would be the Knicks.

Losing Josh Hart to injury will be a very huge problem for the Knicks, I strongly doubt that the Knicks can afford to lose another player, they are barely getting by with OG Anunoby absence, and Hart is the second heart of the Knicks defence and without him with OG also still sideline, they don't stand a chance to beat the Pacer even if the decider is being played at MSG wouldn't matter.

I guess game 7 would have a different outcome, so betting this early might be a good thing to do as when Hart and OG will be announced as out, that time will probably shift. Pacers haven't won a game in MSG yet, game 7 might be the first time in the series. Spread now -2.5 for the Knicks, and the total is 209, this should easily go over IMO, or maybe betting on the Pacers TT over, that might be attractive as well.
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