Really? I had assumed there was some high level gambling going on in the Sumo world because it is extremely prestigious and only for a rare priviledge of a select few members of the Japanese high society. Obviously at that kind of level I thought there would be some kind of gambling. And yes, while gambling is technically considered illegal in Japan, its not really illegal. It just has the image of being illegal. They still gamble.

Its a grey zone and they find many ways and loopholes around their gambling restrictions.

But basically what I meant is we need more exotic forms of sports gambling. And I see no reason why people from other countries in which gambling is legal should not have the opportunity to gamble on things like sumo.

Congratulations to you and your new home! Enjoy it and remember that Bitcoin is not yet at its full potential so if you ever have money to save, be sure to remember to save it in Bitcoin, and someday, you might be able to buy a house for your children/parents as well!

I must say, I used to have thoughts of selling my Bitcoin in order to buy what I have wanted for a long time but those thoughts have long since dissipated and now I feel like I would rather have the Bitcoin than trade them in for any material possession in the world.

But to each his/her own!

Again, congrats and I wish you lots of happiness!

The question of if or if not an old trading strategy can work again depends on if the strategy is outdated or not, not whether it is old.

If the strategy is outdated due to a better, more accurate strategy existing or because the strategy does not work for modern times, then obviously it is better to avoid it and go with something better. But again, in order to find that out you have to understand the fundamental workings of said strategy. Some of them are completely timeless while others have gone completely extinct since the age of the internet.

But this topic has gotten me thinking...I would love to go through some ancient trading strategies, perhaps I can find resurrect a hidden gem?

I would not say he is just making excuses. Obviously every fighter has to think about his own image and marketability, otherwise he might find himself shoved aside by bigger players and he might not be able to get into a good contract again. Its all about the money, really. Although having said that, it is indeed a smart move by him to avoid the Crawford fight for now. What if something happens and his operation mid-long term side-effects flare up and have a negative impact on the fight? Better safe than sorry.  Perhaps he thought it was not wise to challenge fate? Or maybe he noticed something wrong with his body?  

You should be buying Bitcoin and storing it in your "swear wallet" instead of storing perpetually value-losing fiat coins in a physical jar. If you did that, your swear wallet would be worth more than your "telling people about Bitcoin when I wasn't asked" jar, despite having put less fiat coins into it, initially...   - Just my two Satoshis

Obviously buying cheap is the way to go with any investment but I think that you do not really capture the essence of the problem here. What is cheap? Without knowing future prices, we have absolutely no frame of reference for "cheap". So we buy at we think or hope to be cheap.

Furthermore you should be careful about things like "in next three months it will double the current price". You have no possible way of knowing that. It could double or triple in the next week. And you would never be able to predict it.

It might also takes half a year or a year for it to double. Maybe longer.

Giving such predictions is setting up yourself and others for failure and emotional selling because you are sowing a seed of impossible hope in your/someone else's mind with such detailed predictions.

Football is the correct term for what you call "soccer". In fact, I doubt anyone here even recognizes that word other than Americans.

I would gladly bet on any sport as long as I get good odds and understand a minimum amount about that sport and the history of the players involved. You do not need to be a genius to research a players past history of wins/losses. Thats universal for any sport.

As far as to your question of specifically which sport which is not listed here that I would love to bet on:

Asian martial art/other fighting styles which are not that prominent in western society. Sumo, for example.  In Japan, Sumo is a big thing and gets bet on all the time.

Hoping for a 1000x unicorn investment is unrealistic and is basically the same as gambling. Hoping for any kind of return, no matter how small, just because you have done your research on the company and truly believe they have a service or product that will be profitable is a realistic and smart investing goal.

It all depends on you and how you choose to invest. Hoping to get lucky should not be part of your strategy, obviously.

Other unrealistic hopes and goals will also work against you, from a probabilistic viewpoint.

As long as you do your research without any bias, you are as realistic as you have to be in order to make smart decisions when it comes to investing.

After the government introduces CBDC's:

I have never heard of a skill based slot machine. Are you even sure they are a popular thing?

If you were to ask me, I would say that any skill based game where you can make money is just waiting to be exploited. You cannot really exploit something which works with probabilities but if you add an algorithm for "skills" you can easily develop an automated way to always win. It would be simple code for a "human emulator".

Sounds shady. I would love to see the inner workings of such a "skill based gambling game". Maybe the skill part is just marketing and its not got anything to do with your abilities? 

No need to be worried about such a large centralized exchange owner. He has more than enough money that even if he were to lose in court, he would not even miss the comparably tiny amount of money he would have to pay up as a penalty. Binance can recover that loss within a short amount of time. Worst case scenario, Binance would have to delist a lot of shitcoins that nobody should be buying anyway.

I really do not see neither a positive nor a negative side for Bitcoin in all of this.

I would never trust any centralized service, especially a centralized exchange anyway. CEX's are basically almost always shady business models anyway.

Rather than only connect they also add in a permission to do whatever they like and if you give them that permission, they can take any funds in your wallet. If you are a curious person who wants to try anyway, despite knowing its 99.99% definitely a scam, then at the very least use a new and empty wallet. But it would be better not to give any permissions at all, in my opinion. Nobody needs to connect to your wallet to send you crypto. All they need is to know is your public wallet address.

Anything that seems too good to be true, probably is. Just remember that the next time you or anyone else makes 200k in winnings.

I am not sure why you need to post evidence that you invested 50 dollars into your child's future but ok, I guess?

Also, for future reference, us coiners do not accept an image as evidence. If you want to to show us evidence, I recommend showing us your wallet address and signing with your private key. Message signing is how us coiners prove ownership of our crypto address.

That way, everyone and anyone can verify the authenticity of your transaction.

Trust but verify

Although again, I doubt anyone is demanding proof from you that you invested 50 dollars. And I don't think anyone would see a point in doubting you even if you did not provide proof...

I do not know if there is any religion which would condone gambling but as far as I know, they all are against gambling one way or another. Gambling is also punished more or less severely, depending on the person's religion. So any religious leader who gambles or condones gambling is probably not a real religious leader but rather a cultist or, more likely, a scam artist.

Obviously there needs to be more investigations into such people but in countries which are poor and corrupt, there is little to no chance of such an investigation being launched against them. Hence, they continue scamming until they scam the wrong people and then the people take justice into their own hands...

Everytime I see topics like these that ask for personal information on finances or person data, I get a bit weirded out.

I do not think that its a good idea to give away information like this. Just the other week some guy was asking about how much Bitcoin everyone has. Combine that data with the amount of wallets information OP is asking and perhaps a few more replies on some other topics and you can start connecting the dots which trace back to you.

This is dangerous, especially since there are a lot of scammers around, hoping to trick you somehow into handing over your money to them....

They may even dox/threaten you.

People need to be more self aware on these forums.

My country taxes everything and everyone and then everything again. I am not sure how it taxes gambling winnings or how much but I am 100% sure there is a tax.

I am actually quite surprised that there are countries that do not tax gambling profits. I understand if there is a minimum that is not taxed but if you are a multi millionaire who wins hundreds of thousands or even millions of dollars every day, then how is it that your government does not expect a piece of the pie?

I know for a fact that in Australia the casino is taxed, so perhaps the casino demands some kind of charge from their customers to even out the profits?

I think that the SEC is very correct in penalizing any influencers who promote ICOs or glorifying any risky investment opportunities. Lets remember why they do this in the first place: Not because they themselves believe in that investment but rather because they were paid to promote a certain investment. Nobody is paying to promote Bitcoin because Bitcoin is owned by nobody. There would be no monetary profit for them.

From this we can assume the only people who promote Bitcoin do so only because they truly believe in Bitcoin as an investment.

Furthermore the SEC has declared Bitcoin a commodity, not a security. So they cannot really have any say in the matter of promotion anyway.

I forgot about that masterpiece

Chasing losses is basically the gambling version of "trading on emotion", and as any good day-trader knows, that never goes well. Its best not to gamble on emotion, whether on the emotion of frustration from losing money or from the ecstatic feeling of winning more money (feeling lucky).

Usually the end result is (almost always) losing much more money than you thought you were going to lose. Its just probabilistic math and there is nothing you can do.

I recommend taking a break from gambling once you notice that your feelings are getting out of control. Sometimes you lose, sometimes you win, but you should always gamble with a clear head.

Finding closure is hard.

Looks comfy. Have a nice Ramadan.


That looks like a fun time with the lads. I see nothing wrong.