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May 13, 2024, 06:27:15 AM *
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241  Economy / Economics / Re: Cash is not trash on: April 12, 2024, 04:16:00 PM
With bond yields starting to creep again and inflation having a second wave here, it is clear that cash is going to be considered King again shortly.  If stocks start really correcting in a big way like in 2008 and bank interest rates near 6%, it will be very clear that cash is the place to have been.  I'm not sure if that's what we're going to see, but that's the direction we appear to be headed at the moment.  I'd say we've hit the point of taking a little off the table after this 15 year bull run and making sure that you're setup with cash in the event you suffer a job loss and serious drop in asset value.
242  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 12, 2024, 04:11:32 PM
We are below $69,420 USD.

Now would be a good time to possibly consider making a effort to pretend being worried..

I'm sure it'll stick around the price range.  Obviously some rich folks have a sense of humor and the market is going to be manipulated to hit $69,420 a week from now.  It shows that we here in Bitcoinland enjoy ourselves and have a little fun with our money.  Smiley

Still, Bitcoin seems to be holding up pretty strong in the face of a global selloff of assets as the world seemingly prepares for Iran to attack Israel and the US response that is likely to plunge us deeper into WWIII.  Scary times... 
243  Economy / Gambling discussion / Re: NBA 2023-2024 betting on: April 12, 2024, 04:07:52 PM
A lot of mismatches today that I felt could go the same way so I added a ton of games to the parlay today.  I did take the Bulls as an underdog to the Wizards just because the Wizards continue to disappoint.  I'm not sure I like the odds for how many games this is, but it should make the day entertaining.  Good luck!

Washington Wizards - Chicago Bulls
Winner (Incl. Overtime)
Chicago Bulls

Philadelphia 76ers - Orlando Magic
Winner (Incl. Overtime)
Philadelphia 76ers

Boston Celtics - Charlotte Hornets
Winner (Incl. Overtime)
Boston Celtics

New York Knicks - Brooklyn Nets
Winner (Incl. Overtime)
New York Knicks

Minnesota Timberwolves - Atlanta Hawks
Winner (Incl. Overtime)
Minnesota Timberwolves


Memphis Grizzlies - Los Angeles Lakers
Winner (Incl. Overtime)
Los Angeles Lakers

San Antonio Spurs - Denver Nuggets
Winner (Incl. Overtime)
Denver Nuggets

Miami Heat - Toronto Raptors
Winner (Incl. Overtime)
Miami Heat

Odds
6.06
244  Economy / Gambling discussion / Re: UFC Fight Night & Main Event: Sportsbet.io Predictions & discussion on: April 12, 2024, 02:10:30 AM
Dana White at the press conference for UFC 300 just responded to a reporter’s request to raise the bonus for fighter of the night by saying OK and asking what to raise it to. After some suggestions he finally said 300! The fighters have to be pumped about that. It’s a 6x increase from the normal bonus. Hope we see something spectacular.
245  Economy / Gambling discussion / Re: 2024 NBA Season on: April 11, 2024, 11:08:06 PM
Looks like the Minnesota Timberwolves will be getting Karl Anthony Towns back in time for the playoffs. With how well they’ve been playing I’m not sure if this is a good thing or not, but KAT is an elite talent so I’m sure he’ll help out. I just hope Anthony Edwards continues to get the ball as much. He’s playing great.
246  Economy / Gambling discussion / Re: Is Gambling A Hobby? on: April 11, 2024, 09:56:10 PM
I think gambling is a hobby. It really isn’t too far from playing video games. It’s sort of the original video game but they had to add in the chance to win money otherwise they would be too boring by today’s standards. In a world where some people are crazy enough to think gambling is a job, be someone who considers it a hobby.
247  Economy / Gambling discussion / Re: Why do some people hide to gamble on: April 11, 2024, 09:54:10 PM
In a lot of areas it probably isn’t safe to have lots of cash on you. I’d imagine if people are in public gambling and a lot of cash is changing hands, there’s probably not much of a desire to let anyone outside of those playing be aware of it. Just common sense. Nobody wants to get robbed when they’re trying to have a good time.
248  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 11, 2024, 03:07:28 PM
About selling BTC "high" then 10 years later it was low after all, one way to mitigate this is to play with BTC's volatility and sell more than what you need, keeping half of the fiat to buy back lower.

But clearly don't sell big amounts relative to your stash unless it's life and death I'd say. Luxuries are for when you're rich.

Buy back lower is a dangerous game. It eventually stings us all. You could spend your life stressing over charts and taking L after L hoping to get a big score someday, or you could relax and chill while holding some BTC and live a happy life knowing your bags will end up alright. I do sort of agree with your advice to sell some though. Everyone should have enough fiat on hand to where they aren’t stressing about their BTC.
249  Economy / Gambling discussion / Re: NBA 2023-2024 betting on: April 11, 2024, 02:46:52 PM
I decided to take a little bit of a long shot today.  The Bulls have been playing terribly in my opinion and have a ton of drama so I wouldn't be shocked to see them lose to the Detroit Pistons who probably would like to not be one of the worst teams in modern day history...  I also think the Warriors are in playoff mode and not going to lose to the Portland Trail Blazers, so I feel good about this one.  Granted asking the Pistons for a win is a tall order, but here it is.

Detroit Pistons - Chicago Bulls
Winner (Incl. Overtime)
Detroit Pistons

Portland Trail Blazers - Golden State Warriors
Winner (Incl. Overtime)
Golden State Warriors

Odds
4.58
250  Other / Politics & Society / Re: [Canada] Trudeau's balls are nowhere to be found 🤣 on: April 11, 2024, 02:23:50 PM
I don’t know what’s going on in Canada but I am concerned that the insanity we’re seeing there is headed to the United States. My friends in Canada are seemingly afraid of anything. Even having the wrong opinion can get you in trouble over there now. Not to mention the censorship… I never thought I’d see this level of government overreach in my lifetime.
251  Economy / Gambling discussion / Re: 2024 NBA Season on: April 11, 2024, 02:21:48 PM
I’m a little bit surprised to see the Celtics lock up Jrue Holiday for the next 4 years for 135 million dollars. I’m not sure how old Jrue is, but that seems like sort of a long deal for an older guy on a team that’s already got 2 young max players. I think the genius management over in Boston might be starting to make mistakes as they struggle to get Taytum a chip.
252  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 11, 2024, 06:25:09 AM
lots of 70s look good.

70 has proven very tough to pass. maybe by next week

70s are starting to feel boring. Hard to believe… I wouldn’t be surprised if we made another leg up soon. More and more markets are getting opened up to Bitcoin. There’s such a tidal wave of fiat on the way I wouldn’t be surprised no matter how high the price goes in the coming year. $100K is starting to feel like a conservative estimate.
253  Economy / Collectibles / Re: [WTB] 1btc cas, 25 ltc lealana loaded on: April 11, 2024, 06:20:06 AM
I’m interested in knowing what you’d be willing to pay for a loaded Casascius coin. I have each type of brass coin available and am considering beginning to part with them for the right price.
254  Economy / Speculation / Re: 100 Push-Ups A Day Until Bitcoin Is $100K Challenge on: April 10, 2024, 09:54:42 PM
I wanted to wait to report until I liked the number I was reporting. Smiley
I’ve also gone over 100 a few times but I’m not tracking that. As I’ve said before, I think rather than going over 100, people should focus on adding other exercises. I’m focusing on squats, stairs, and curls, but need to get more regular with my pull-ups and sit-ups. To each their own though.

100k,OgNasty,69,6900,2024-04-10
255  Economy / Speculation / Re: 100 Push-Ups A Day Until Bitcoin Is $100K Challenge on: April 10, 2024, 07:55:08 PM

team 0 pushups forever here

100kchallange,vapourminer,1,0,2024-04-08

3) there is something wrong about this whole seemingly not want to cooperate situation, and I should not even be encouraging such naughtiness.. Sure "anti-push-ups," that could be a thing.. I am not going to deny that..   but really.. something is not right about the whole seemingly push-up boycott situation, especially when they are not really fun or easy to do...  #justsaying

hey someone has to be in last place.

I'm also not on board with a 0 entry for this challenge.  Literally the only way you can lose this challenge is to not participate.  I'm not really big on lot including someone, but if you didn't do a push-up, did you really participate in the push-up challenge?  This is like me saying I didn't win the Mr Universe competition back in 2010.  Well, truth is that I never competed and that is what I'm seeing from someone with 0 push-ups in this challenge.  You want your name on the board?  Do a push-up!  Smiley  A little tough love never hurt anyone right?
256  Economy / Gambling / Re: Nextslot.bet - Random Slot Picker on: April 10, 2024, 07:43:22 PM
Very cool idea.  At first I thought it didn't make a lot of sense but after playing around with the site a little bit I can see some real value here for game hunters.  The statistics it shows for each game caught me a bit off guard as it goes above and beyond the original stated intent of the site.  I could see this being used as a research tool for someone who wants to see the differences between the different games, or maybe for the gambling crazed individual who needs another layer of chance in his slot machine playing.

Great job on this.  I'm impressed.  I hope you figure out a great way to monetize it so it pays off for you!
257  Bitcoin / Bitcoin Discussion / Re: btc purchases on: April 10, 2024, 07:38:40 PM
Im not able to purchase BTC due to me not having the qualifications needed to buy btc,so does anyone know how to buy btc without having to show proof of identity

The first question I would ask you is what currency are you trying to trade for Bitcoin and are you trying to do it online only or in person?  If in person, where are you located?  Many places have Bitcoin ATMs where you can put cash into the machine and receive Bitcoin.

If you're trying to trade online and you have a different form of digital currency, it is quite easy.  There are many sites that will facilitate the trading of digital currencies without having you fulfill know your customer rules.  You may find yourself still dependent upon location for this though, so a VPN might be a good tool to utilize.
258  Economy / Gambling discussion / Re: Betting Patterns in Baccarat? on: April 10, 2024, 07:34:32 PM
I'm not a fan of the game but aren't you the one to decide whether you wanna be a banker or player? Of course, the banker has the edge, and if it's them who decides who be the banker and the player then you have to be lucky to be chosen as a banker all the time.

Playing this game live online makes that counting card strategy inapplicable. Martingale and those Fibo still apply to this game but asking for another card is already a strategy.

That's about my limit of understanding when it comes to baccarat as well.  I've seen it played a few times but I have absolutely no idea what is going on.  I should probably watch a video on it or read some sort of instructions so I'm not totally lost.  If I were ever face to face with a baccarat table, I would probably just bet the banker and hope to win, having absolutely no idea what the odds are or even how to tell if the banker or the player won.  If anyone has any tips on a quick instructional video to show someone the ropes, feel free to share.
259  Economy / Gambling discussion / Re: Double your money and quite on: April 10, 2024, 07:32:25 PM
Dana White has said he gambles with a similar strategy.  Not necessarily a double and quit, but he picks a number that if he reaches it he walks away.  He's said sometimes he'll sit at a table for more than 24 hours in order to get his pile back to where it needs to be.  He's even been banned from some Vegas casinos for literally continuing to gamble until he comes out ahead.  This might be a great strategy if you have unlimited money, but I think for most people your method of doubling or going broke isn't the worst.  I think it's a good idea in stock trading as well.  Always have an exit point.
260  Economy / Gambling discussion / Re: 2024 NBA Season on: April 10, 2024, 07:27:57 PM
Yes, the West are still very hotly contested and when we thought that a Lakers vs Warriors showdown could be happening, there are still some scenarios that will happen that will not make that event happen. So everyone should really try to win all the games remaining, and this could be the first season that we really appreciate what a play-in should be, teams fighting it out till the last game of the season. Only 1 games are separating this team, so most likely a 2 game winning streak will not be as bad. I know that you are a Warriors fans, and so it's good to see them back, the Klay and Curry hitting those 3's just like during their primes.

There’s a high chance that Lakers will be the opponent of GSW on the play in tournament since Kings has 3 remaining matches which is very manageable for them to win while Lakers have a scheduled match against Pelcs which is in need to win to secure their top 6 position while they have a very close standing before during their previous matches.

I don’t want to see Lakers vs GSW on playin tournament but it seems that it’s destined to happened given how the remaining matches of teams 6th to 10th are all manageable to all of them which means they will just stay on their current position.

I'm not opposed to seeing the Lakers and Warriors in the play-in tournament together.  I think it would be cool to see another LeBron vs Steph matchup, although I don't think the Warriors have much of a chance against them.  I'd also love to see them both in the playoffs, but think it's better for the sport if they matchup at some point.  The Warriors dynasty is ending and LeBron's career isn't far behind.  This might be the last time we see this LeBron vs Warriors dynasty matchup after so many good years of battling each other.  Better to enjoy it while it's here.  Smiley
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