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141  Economy / Gambling discussion / Re: Do your parents know about your gambling habit ? on: October 23, 2023, 05:55:10 PM
Gambling is all about luck, and we don't know the outcome. Parents never want their child to follow something that've got more negative impact than positive things. Every gambler hope for the best to happen, but things won't be the best all the time. Parents will surely find this to be bad, and for that reason most of the gamblers keep their gambling activity hidden from parents.
142  Economy / Economics / Re: The impact of war on global economy. on: October 23, 2023, 02:23:01 PM
You also forgot about the most important factor in an economy and a war: Manpower. When a large-scale war happens, people who are supposed to work in the production are instead pooled into military service to better give their country chances at winning the war. Thus the decline in stock prices and the ensuing economic collapse that happens right after the war. Not to mention the fact that most war veterans can't go back to work so it's not like they are given the job security they are hoping for.

War is never a good thing, the only ones who benefit from this are the arms dealers and those who resell war machines after the fact. No one, not even the rich are exempt when a threat of global conflict occurs.
Manpower getting affected by war directly hits the economy through the product cut. When the required production cut takes place, automatically the demand rises and the same reflect on the pricing. Another thing, when war happens between two countries the transportation gets affected. This doesn't affect the specific countries involved in war, but it affects the rest of the world. This also have its effect over the pricing of essential services.

With most of the war, the war machine suppliers used to be the first world country. This means they get affected in one way through the economy getting disturbed, but through the other way they get an income. This is kind of mutually compensated.
143  Bitcoin / Bitcoin Discussion / Re: If Bitcoin were a physical currency. on: October 23, 2023, 01:46:34 PM
Bitcoin being a physical currency could've spread around the world in large scale than the present number. Just because bitcoin is decentralised and doesn't have the physical state many people doesn't believe its existence. It is really hard to make people understand about bitcoin as it holds the virtual presence. The usage and acceptance of bitcoin could've been high. Bitcoin being an innovation as a transaction medium this physical presence of the bitcoin could've never been thought by the developers. Due to the multipurpose usage bitcoin gained the access as a currency, if not this discussion couldn't have existed.
144  Economy / Gambling discussion / Re: How Much do you Value your Privacy in Gambling? on: October 23, 2023, 01:28:35 PM
Privacy is much concerned, but when it comes to money and there is a need to reveal our identity I'll go with it. Life changing moments won't happen all the time, and opportunity missed is missed forever. I don't want to lose it and struggle for the rest of my life. Many people prefer gambling with cryptocurrencies to keep their gambling activities hidden from the outer world. Gambling is all about luck and why should we avoid the luck. Also there is no assurance that you'll get lucky to win same as this in the future. To avoid such confusions the better choice is to prefer the trusted platform for gambling, so that there is nothing to worry.
145  Economy / Gambling discussion / Re: ODI cricket and general cricketing discussion [self - mod] on: October 23, 2023, 01:14:23 PM
Today, Pakistan team has collected good runs all together. Because they patiently defended the wicket until the end of the game. Afghanistan's bowling performed well as they managed to score only 282 runs in the last over. And Shadap Khan has performed very well in the last stage. And the two batsman duo who survived till the end Shadap khan and Iftikhar scored good runs for the team. And especially if Pakistan team can give good bowling performance then definitely win against Afghanistan. Because so far Afghanistan team has not won any match.
Pakistan set Afghanistan a target of 283 runs. Afghanistan need to bat 50 overs and score 5.6 runs per over to win against Pakistan. A target of 283 runs is safe enough for Pakistan where the opponents are Afghanistan. Afghanistan's bowling line-up is excellent but their batting has always been weak. How well Afghanistan's batsmen can do against bowlers like Shaheen Afridi, Hasan Ali, Haris Rauf and how comfortable they bat is a big question. Pakistan's win or loss depends entirely on Pakistan's bowlers, if Pakistan's bowlers can bowl normally against Afghanistan today, Pakistan will win against Afghanistan. 

Rahmanullah Gurbaz is a big factor for Afghanistan so Babar Azam will surely want to get this big fee out quickly.
Afghanistan will have high pressure from the beginning as 282 runs is a good score. Afghanistan have got good bowling line-up and I don't know whether they'll make it possible or not. Afghanistan won against England by defending, and that could've boosted their confidence. Pakistan had got good bowling line-up, but their performances weren't to the expected level in the world cup matches. If Afghanistan have good opening partnership, then we can expect fight back and the match could probably end in a close margin result.
146  Economy / Gambling discussion / Re: ICC WORLD CUP 2023 ACTUAL DISCUSSION THREAD! on: October 22, 2023, 11:59:29 PM
I did not know about this record, 20 years is a really long time, did they loose against New Zealand when India won the world cup in 2011 or they did not face each other in that edition.

New Zealand should have scored more runs if not for the brilliant bowling by Mohammed Shami, getting a chance to play in the end and he showed why he is a game changer by picking up 5 wickets and a wicket on the first ball he bowled in this world cup. Kohli and Rohit are in great touch and so does the others and like Ponting mentioned, the team that beats India has the ability to win this edition of the world cup.

 

Today game was unique after the New Zealand game for the India during the 2015 World Cup.
It seems like you've mentioned about the T20 World Cup match between India and New Zealand during the year 2016. The toss being won by New Zealand and they had chosen to bat first. New Zealand managed to score 126 runs with Corey Anderson being the top scorer (34 runs) and Jadeja took 4 wickets. India wasn't able to chase the target and they ended up scoring just 79 runs with Dhoni scoring 30 runs. Santner took 4 wickets and Sodhi took 3 wickets for New Zealand.
147  Economy / Gambling discussion / Re: Who among you here is gambling at work? on: October 22, 2023, 11:54:58 PM

That's natural because people think that when they are at work, they can use a little time to gamble and it seems they have been doing it for some time. And so far, they have not encountered any difficulties or problems so they think this can work together. But in reality it is possible that as long as they gamble and experience wins and losses, they have begun to change, starting from their performance and relationships with their co-workers. The emotional factor is clearly visible in a person because if someone experiences defeat in gambling, their emotions will increase, which will affect their performance at work. So it's just a matter of time before the domino effect will cause problems for them. But if they can still control their emotions, that could be okay for them. But it's better not to risk getting fired if we're caught gambling during work hours.

When the gambler get addicted to the gambling sites,then the gambler will do the gambling for the multiple times.They also use their office time for the gambling.If they had free time in the office mean,it will be good.Incase he use the most important time in the office mean,it leads to loss of the job.
Such scenario shouldn't happen, because when you're in a profession it should be done with passion. Just for mere happiness getting into gambling will surely end up with negative things. Just placing a sports bet during the office hour is different, but spending time wagering on casino games during the office hours should be avoided. When we're in the office, even if it is free time, our mind shouldn't think of gambling. If we're encountering such thoughts often it is the beginning to gambling addiction, realise earlier and we should deviate ourselves into something else.
148  Economy / Speculation / Re: Can it be real bull or just a temptation. on: October 22, 2023, 11:49:56 PM
I feel like we are not in bull cycle yet, its more like reaction to very long bear trend that moved price around 30k levels. Anyways hype about etf helped it a lot too even if it was unrealistic. I made a little mistake sadly by selling some of my Bitcoin around 27-28k levels with very small rally couple of weeks ago. I think we should not expecting anything around 20k anymore. 25k is bottom until halving starts. Things will get very cool right before halving.
Agreed, the reaction of long term price movement within specific range have supported the market turn bullish. We don't know how long it moves forward. Now close to the $30k range, and I expect the market to get stagnant around this range for some time period before crossing the $30k barrier. Further it could reach $32k-$34k. As said this isn't part of the halving growth and we can find it a chance to make some earning out of the fluctuation. We can expect large scale fluctuation these days as the market keeps moving between ranges to cross barrier and price corrections too can be expected.
149  Economy / Economics / Re: Is there a formula for Bitcoin starters? on: October 22, 2023, 11:42:25 PM
Starting Bitcoin investment with little capital will be very challenging mostly if that happens to be the major survival option of the investor. And in cases where the investor plans on using the proceed to solve their needs they might end up selling when the price have dropped just to settle the pressing need of that time.

As experienced investors are there measures that can be imbibed by new investors with little capital to help boast their capital. Some will want to mention patience which I will agree to but in situations where the money is needed to meet an emergency need how to you tackle such situations. Your formula might be a saving approach.
If money is that tight then you do not have anything to rely on other than your luck and hope that things go well while you are invested in bitcoin and its price is low, it is not the most reassuring answer but it is an honest one, as most investors will keep an emergency fund of a few months of their salary to avoid touching their assets during those difficult times, but if your capital is that low then it is unlikely you will be able to do this.
These days whether it is investment or business or whatever, based on the capital involved will be the profiting. When the capital isn't good enough what you get out of it will be very low. As said in such situation, being hopeful and luck is the only choice to get you best outcome. Even with patience you won't be getting big with small capital. In such situation it is good to risk and look for regular earning through trading. It gives better practice as well as help us with increasing the volume of holding. In emergency you should understand what is the priority and act, there shouldn't be any second thought once you've used it unlike the Market.
150  Economy / Economics / Re: Population: Economic strength or weakness on: October 22, 2023, 11:36:41 PM
China and India, which are currently the first and second largest countries, have grown to become world economic powers. In my opinion, population is an economic power because business opportunities certainly require a long process from production to consumption, countries that have large populations are certainly a very useful resource and important for the economy.
With the large population of these two countries, the economic chain will continue to run because everyone definitely needs the food they buy every day, so that food and clothing makers will continue to run more stably. Because each of them also has to work in order to earn money for their own needs, so the large number of people living in these two countries will certainly make the country's economic turnover continue to increase quite well. And it will also be easier for anyone to take advantage of jobs that can make more money.

The two countries were indeed well populated, but reducing the number of children being born is not the perfect solution to an economic development strategies, we need to plan ahead towards what we have and create enough capacity that cam accommodate everyone into participating in one or two economical activities that will lead to their sustainability, a good example is China, they are well populated and still yet one of the developed countries in the world.
What you've said is right, but in reality this isn't possible beyond certain limit. For that purpose limiting the population is the only choice. Right now India have got the highest number of young population, but the government isn't good enough to support or provide opportunities. When this is the reality better choice is to limit the population. China had been doing it for a long, the young population have got reduced and now it can't give the support to every person and for this reason they've come with different population control plans which is really good and India will soon follow it.
151  Bitcoin / Bitcoin Discussion / Re: Bitcoin can change lives on: October 21, 2023, 11:59:15 PM
Changing your life through financial planning is something that is difficult to do and if you don't have the right skills/abilities in investing, it can actually cause someone to experience losses.

You are right, mate. There's a saying that success is a product of hard work, grace, determination, and perseverance. Some people just think that the fact that other people have done a particular thing and achieved success means they can just do it and gain that success, but it doesn't work like that. Financial management and investing are skills that are not naturally possessed, but they can be learned either by reading, taking some courses, or regularly following up on one's role models and learning from them too. It is wise if someone learns about the risks, advantages, and disadvantages of whatever they are investing in. It's also profitable if the person has proper financial knowledge or can make inquiries from a financial expert.
Very few get lucky to be successful in life and thv same shouldn't be expected by everyone which is a big mistake. During the early days of 2016-2017 there are opportunities which assure you with good profit. During the same time there were more fraudulent activities happening in connection with cryptocurrency. At all time period there is risk as well as good happening with the cryptocurrency market. It is our responsibility to make use of it understanding it in the right way. As said developing our own skills and keep on learning is the the right way to experience the change of our lives through bitcoin.
152  Economy / Gambling discussion / Re: ICC WORLD CUP 2023 ACTUAL DISCUSSION THREAD! on: October 21, 2023, 11:54:30 PM

We never imagined that 2019 champions England would perform so badly. As England have won only against Bangladesh and lost the remaining three matches, England's chances of winning will also become difficult in the later matches as well.

They are approaching the ODI game in the T20I mode that is why they are failing. I didn't expect this to happen at all and today everyone learnt a lesson about how someone shouldn't approach their game when chasing no matter how deep their batting line up is.

For the last wicket they had a 70 run partnership which helped them to stay away from the bottom of the table but from now to reaching the top 4 seems quite an impossible task for ENG.
New Zealand can qualify to semifinal
Indian can qualify to semifinal
South Africa can qualify to semifinal
Australia can qualify to semifinal,
Australia can beat easily Bangladesh, Afghanistan, Netherlands even England.
But Pakistan can qualify ,if Pakistan beat Bangladesh, Afghanistan, New Zealand, South Africa and England...

In 2023 World Cup, India is in the best position as it is being played in their home country and they will try their best to play in the final. India also gets an added advantage from the visitors as hosts. Every player in India played very well, batting line is strong and bowling. New Zealand are in good form they are playing well in every match. I think the final could be between India and New Zealand. If Pakistan can play well in their next matches then they also have a chance to play in the semi-finals. Pakistan's chances of winning the match with Bangladesh are very high. Along with Sri Lanka, maybe there is a fifty fifty chance for Pakistan to win. Now finally let's see how well Pakistan can play their next matches to play in the semi finals.
India holds the home country advantage as a well as have the best squad which was playing good cricket unlike the match situation. Rest of the teams were also very competing. Tomorrow we'll know whether it is New Zealand or India to take the lead position on the points table. Every team is giving their best, but the small mistakes were changing the match. I find India team strong, but once they reach Semifinals they'll be over confident or they'll be experiencing pressure playing on the home ground. Both could be difficult thing to overcome and win. Lets see what India can do.
153  Economy / Economics / Re: Young people needs productive mindset to be happy in life on: October 21, 2023, 11:43:23 PM
Already when we look at the way things are today in the society, we are living in a corrupt environment and the younger generation are yet corrupt until they were introduced to the corrupt environment and society, the big deal now is on how we can balance this up in making the society a good ground for the young minds coming to live without getting involved in all forms of inhumane activities others have.
The change needs to start from the younger generation. We know that everything is corrupt, and what is the remedy. We should develop a system that keeps everything function independently without getting into corruption. To achieve such a thing is really hard for any government. Just on being productive couldn't help the younger generation to be successful or make a change. There needs to be some support system. This isn't got by most of the younger generation and the same force them to land into some day job and continue their life without thinking of any social responsibilities. Even I'm the same kind and I'm sure we should develop broad mind.
154  Bitcoin / Bitcoin Discussion / Re: Which is the best crypto exchange for P2P transactions ? on: October 21, 2023, 11:38:23 PM
Do people still use P2P in person? I know it was big about a decade ago when Bitcoin was fairly new and there weren’t many bitcoin exchanges in certain countries. However these days it doesn’t seem like it’s worth the risk meeting a stranger and dealing with cash.

If you don’t want to KYC you can always use a bitcoin atm. Sure the fees are large but unless you are buying large sums it’s not a bad option for many. I also remember on localbitcoins there was fees also for P2P it wasn’t as low as a exchange. But not as high as a bitcoin atm.
P2P trade in person is really good choice, but the same being used as a way to steal people's money caused stopping of the trading in person feature. Earlier I've used those service and with some person it used to be really good. We meet at the common spot and exchange the fiat and cryptocurrency and move on once things got settled. Though it lets the other person know us, it was kind of good way of trade according to me.

Usage of bitcoin ATM is really bad. The transaction fee is really big. It also request for the KYC, for a which it is good to make use of the exchanges. For users who find it easy to access the ATM could find it good.
155  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin for everyone? on: October 21, 2023, 11:18:42 PM
Each and everyone who had kept hold of bitcoin have profited. The users who hadn't got profited out of holding were the one who hadn't utilised the holding feature and was in panic. As the market is volatile by it development, there used to be fluctuation and the same causes fear among the people who are new to bitcoin holding. Maybe such situation should've taken place with the users. Apart from this, holding is the best way to profit than making ourselves involved into trading activities and making money. Bitcoin hadn't got restrictions and it is for all. The price looks high and gives a thought only the rich can buy. The reality is different as everyone were able to buy according to their ability and use it.
156  Economy / Gambling discussion / Re: Cash out or keep playing? on: October 20, 2023, 05:56:29 PM
I suggest to cash out your capital and at least 10% of your profit then keep the remaining amount so it could be used on your next game. do not be greedy, Just set a certain limit on yourself once you win and follow your momentum in playing but once you hit the jackpot prize, You can withdraw it all and then allocate the winning prize to your savings and investment. keep a small portion for your leisure and budget for gambling.

Cashing out of capital is very much important but I think 100% of your investment would be good because your efforts were fully compensated. Then the remaining wins can be splitted into different budget as you may wish to.   If possible, do away with gambling for a while before starting up again to gamble  as that would save you some stress  of imminent game loss. 
People prefer to cashout when they've reached specific target, but the mind never accept it giving a feel that we're on the winning streak and the same could bring more money on further wagering. I personally wager with small win target and once reached I used to go for bigger win. This way the wager continues, and our intention to stop at the specific target doesn't come to an end. If I were in very emergency need of money and I don't have any other go, I used to Cashout. If not I used to go further wagering with the hope that God have got a better plan for me.
157  Economy / Economics / Re: Cracking the Code of Saving Money... on: October 20, 2023, 05:39:38 PM

Share your ideas, tips, and stories about saving money, and together, we can figure out how to get better at it. (We will also draw valuable lessons from the mistakes and experiences of others.)
I get sick of budgeting most times because my budget doesn't budget at all. This change so fast. Inflation increases the prices of goes in the malls and shops each day that when you look at your budget, you have spent more than you budgeted for.

My new strategies involve putting money out for saving first and use the rest of the money for other things.

A fixed amount of money is removed from my income each month and saved somewhere where I cannot touch it until a maturity period.

The other monies is used to survive the recession and inflation.
That's how I do it.

Saving the same fixed amount every month is not easy because life is full of surprises but if you can maintain it then you are really good. But I want to know, are you saving in fiat currency or in some other asset? Because as you also said, it is inflation that increases the prices of items and makes it impossible to budget. And if you continue to save in fiat currency every month, those savings will have a hard time saving you when inflation is increasing. You should continue with your strategy but instead of saving in fiat, you can use gold or bitcoin to better secure the value of your savings.
Savings can be made effective with better plans. We should have certain amount allocated for miscellaneous spending. We can't be sure of the monthly spending as there'll be unexpected expenses. When we're in a family, automatically we need to consider all the members. Another issue most of the people face, to the rising inflation the salary isn't increased by the corporates. This will directly affect the savings of the people. To overcome this, better choice will be increasing the number of income streams. Getting registered to some schemes too an effective way to save money.
158  Economy / Gambling discussion / Re: Saudi Professional League 2023/2024 on: October 20, 2023, 05:02:08 PM
The competence between the teams on the second and third position on the points table is very close. Unlucky Al-Ittihad as the goal of Al-Taawoun came through the own goal from Benzema soon after a goal for Al-Ittihad that kept them on lead. As the goals got levelled, entire team is doing the best, but they weren't able to convert them into goal. Full time and the additional time over and the match is a draw. Anyhow on the home ground Al-Taawoun is lucky to keep its fans enjoy the match better than losing it.
159  Economy / Gambling discussion / Re: ODI cricket and general cricketing discussion [self - mod] on: October 20, 2023, 04:34:01 PM
Pakistan team now came out to bat. 269 runs in 38.5 overs. Now Pakistan team is under a lot of pressure after losing 5 wickets. Babar Azam got out for 18 runs in 14 balls. Babar Azam did not do well in today's match. I don't think today.  In which way can Pakistan team win the match. Australia team has started a good performance in the bowling line for which Pakistan team is under a lot of pressure in today's match.
Pakistan team had lost its hope of winning the match. Team Pakistan have lost 8 wickets scoring 292 runs in 44 overs. Adam Zampa is the match turner as he took important wickets of Babar Azam, Mohammad Rizwan, Ifthikhar Ahmed, Mohammad Nawaz. These players were the last hope to chase the massive target. Zampa had maintained good economy and Pakistan team players weren't able to maintain the start given by the openers. Australia have won by 62 runs as Pakistan was able to reach 305 runs in 45.3 overs losing every wicket.
160  Economy / Gambling discussion / Re: Will you leave gambling if your future wife/husband tells you to do this ? on: October 20, 2023, 04:22:57 PM
Everyone wants to have an understanding wife. Whether it is with gambling or something else. My wife was very understanding and she isn't angry or bad on me just because I gamble. I used to gamble along with her. But this didn't last for long, because of the losses I encountered. I was in serious debt and little by little we earned and kept money to settle the debts. With her permission used the saved money for gambling and multiplied it a little. She was happy and at some point I went out of control and lost everything. The debt continued, then onwards she never let me gamble. Even she asked me to promise not to gamble again.
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