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1341  Economy / Economics / Re: People keep talking how weak dollar and how bad usa economy getting on: August 27, 2023, 02:58:33 AM
I think it's talked in other places that America's economy is bad, but in our country it's still known how strong the USA is. Nothing will happen easily to the American economy. There was a unipolar world in recent years, but other developed countries are trying to change this. We may revert to a multipolar order in the medium term, but this doesn't mean that America is weak. If a new currency emerges, we may see a hard power clash. This requires being prepared for new wars though, which is bad for whole world but that's the reality and we have to be prepared for that.

I agree with you. It is probably being discussed in other various places that America's economy is starting to fall and the US dollar isn't doing well but in our country, it is still known to be powerful. Hence, it shows that it is still powerful in a way that various countries have confidence and belief in the strength of America's economy.
1342  Economy / Gambling discussion / Re: How Big is the online gambling industry today? on: August 26, 2023, 08:49:03 PM

If you look at simple numbers, the industry is growing really fast. But what if we adjust for inflation? Plus, an amendment to the fact that many people began to sit online more than offline (after covid, many even refuse to return to the office because they realized that remote work is what they need). Maybe with these amendments the growth rate will not seem so gigantic, but the governments, of course, are interested in exposing the case so that without their intervention there will be a total infection of all with gambling addiction  Grin

The Covid had increased the usage of Online gambling as compared to the offline gambling in the casino hall.Mostly the work was from home to most of the workers in the pandemic had increased the usage of time in Online gambling.The pandemic is the root cause for the increase in the crypto adoption during 2021.The increase in crypto adoption also increase the usage of Crypto based gambling sites.The government schemes also now increases the usage of cryptocurrency for now,which further increase the crypto based gambling sites.The growth of online gambling before and after pandemic was twice in value.

Covid was a big boost for the development of online in all areas, but I think that even without it, we see how the world is changing and even without covid, a lot goes online. That's why I forgot in my first post to point out the second necessary assessment: we need to take not only an adjustment for inflation, but also for the market share. Because if online gambling has doubled, and for example online games have grown 4 times, then we can say that online gambling is lagging behind.

People are already interested in online gambling, it's just that there are still a lot of outliers with grand promises to get new players hooked that often fall short or sometimes, the casino just disappears. I'm one of those who stick with mainstream platforms and huge gambling organizations because I feel secured that they will deliver with their promises and their promotions. Also, they wouldn't run with my money. What I couldn't wrap my head around is why other people still try new platforms that doesn't have that much exposure to the larger community, and once they got burned, complain about why online gambling will never amount to anything despite having the tech available to accommodate that.
1343  Economy / Gambling / Re: Thought's on many major fiat-crypto payment gateways ditching casino business's? on: August 26, 2023, 08:20:18 PM
They are limiting themselves on a huge market that is booming. Perhaps, they don't want to be associated with other casinos that are simply just not up to their 'standards.' Or maybe they also want to transition into a different space but keep their big clientele for a steady cash flow as the transition happens. Plus, the condition that they will only warm up to US and UK clients only means that they are looking to serve only these people in these countries first. It's really a bad image to portray, but someone will surely step up and fill the gap these payment gateways will leave.
1344  Economy / Gambling discussion / Re: Can money be saved in gambling sites? on: August 26, 2023, 08:00:03 PM
Is good to save money for future use so we can make good use of it when ever we need to, now what if you decide to save money in your betting account will that be possible to?
For me to save money in online gambling sites, I don't think it's a good idea to do, we know that money in online casinos is only to be risked not to be saved.

I've seen several cases where money was deposited on gambling sites, when they wanted to withdraw the money it couldn't be withdrawn again within a period of several years it couldn't be done, with the reason: the password and email are wrong, I don't know what made everything wrong, it's not clear, what's certain is that the money can't be withdrawn.

My advice, don't save money on gambling sites, just save it according to our wishes to bet, if in the crypto type max $ 100-$ 200 the rest is immediately withdrawn, maybe it's safer.
Listen, you have a valid argument, but let me be clear: casinos, whether online or not, were NEVER intended as savings institutions. It is simply common logic! Different purposes, various outcomes

Your observation regarding the difficulties in withdrawing funds is concerning, and every player should be wary of it. In spite of this, a successful merchant, such as myself, understands the importance of placing wagers intelligently. Not only how much you save is important, but also where you save it. If individuals are encountering such issues, it speaks more to the site than to the concept of online gambling

Your recommendations are sensible. Limit your deposits, exercise caution, and always play on reputable sites. Remember that in the world of gambling, as in business, you need both intelligence and fate

And also, there aren't any form of interest entailed in keeping your money on gambling platforms. If anything, it could even lead you to spend more of it since it's readily available without having to wait for deposit confirmations. Good on you if you are not easily tempted to gamble your money and have thoughts of just spending it in there, but not a lot of people have that godly sense of control to themselves, hence why it's safer to keep money on your own wallet since you might even get lazy of moving it around should you ever want to spend it.
1345  Economy / Gambling discussion / Re: FIBA Basketball World Cup 2023 - Betting and Discussions on: August 26, 2023, 07:35:28 PM
New Zeland managed to be close to USA for big part of time, but while watching game it was obvious that's only matter of time when USA will run away.

Kinda thought that New Zealand have that one in the bag. USA tuned it up big time on the second quarter and made sure that there are very minimal turnovers on the third. After that, I know that New Zealand is already losing hope, with most of their plays no longer centered on the inside and are just trying to take the threes whenever possible. It was a good effort, but certainly not as exciting since the game is pretty one-sided when the end of the 2nd quarter is nearing.
1346  Economy / Gambling discussion / Re: 🕹️ Esports 🎮 Prediction & Discussion Thread on: August 26, 2023, 06:38:37 PM
Western Europe Qualifier will start tomorrow. This is a packed region so two slots are available for TI. It will be interesting who will win the slots since there are too many strong teams in this region. Below is the matches for tomorrow.




Would want for Quest to advance to at least the semi-finals and be matched with stronger teams. Also, Armel will be tested in this qualifiers and see whether he's really up to the standards of the WEU scene. He's got good game sense as a mid laner and has picked up more active heroes as of late.

My top WEU teams are Quest and Secret, albeit the former's chances somewhat lower since there are far better teams than them in this region.
1347  Economy / Gambling discussion / Re: Sometimes the win is right in front of us-little tip to sport bettors on: August 26, 2023, 06:20:00 PM
I honestly don't understand your example, but all I can say is bettors sometimes overanalyze things leading to a lot of lost bets. I've been into similar situations, and it's not pretty losing a bet when you already had the right hunch the first time, only to lose everything just because you creat scenarios on how the game will play out.

Not analyzing enough also leads to lost bets because we do not check other things apart from stats. We simply think that just because a team is better in scores, they're already better overall. We do not take into account other factor such as injuries and absences which is a great mistake.
1348  Local / Pilipinas / Re: Wag ibandera ang email address kung saan saan on: August 26, 2023, 06:15:59 AM
Same here ganyan din diskarte ko, lipat-lipat na lang kung ano ang gusto ko gamitin, hindi naman hassle. Pero yung email ko na para sa mga importanteng bagay hindi ko sinasama sa list ng naka log in. For privacy kasi yung mga anak ko minsan ginagamit din tong phone ko at iwas na rin incase mawala ang phone (advance lang ako mag-isip hehe).

Yung mga hacker/scammer ngayon matatalino na din. So wala naman masama kung mag iingat para maiwasan na maging biktima. Sa huli naman eh nasa atin pa rin ang desisyon kung pano natin ingatan ang ating account.

Tama, at the end of the day, nasa atin pa rin ang desiyon kung paano tayo mag iingat sa mga hacker at scammer ngayon. Kung hahayaan lang natin ang mga accounts naten na hindi secured at naka bandera kung saan saan ay magiging parte din tayo ng dahilan kung bakit at pano tayo mas madaling ma access ng mga hackers at scammers. Sabi nga nila prevention is better than cure, so mas mabuti na mag ingat kesa mag sisi sa huli pag may nakuha na saatin.
1349  Local / Pilipinas / Re: Otoridad/Police nagbabala tungkol sa play to earn scheme on: August 26, 2023, 05:56:16 AM
Nabasa ko yan sa Bitpinas pero parang 2 years late na sila dito dapat ginawa nila ito 2 years ago nung kalakasa ng Axie,
Anu pa maaasahan mo sa gobyerno, lagi namang late mga yan eh. Di ko alam if may mga personel sila sa mga ganitong field kase mabilis ang progress ng technology, or nagiging aware nalang sila if they want to.

Satingin ko hindi naman sa late, marami kasi ngayon ang nagkalat sa social media (lalo na sa YouTube at TikTok) na nag aaadvertise ng mga play to earn scheme na ang gamit na model ay Axie dahil nga sa naging popular ito sa atin nung nakaraan na mga taon. So technically, hindi patungkol sa Axie ang babala ng mga otoridad kundi sa mga play to earn scheme na ginagamit na game/business model ang Axie para makahikayat ng mga biktima.
1350  Bitcoin / Bitcoin Discussion / Re: A creative way to introduce BTC to newcomers on: August 26, 2023, 05:33:14 AM
I really appreciate how you did the video and worked hard to prepare the materials just to keep the video more entertaining to the audience. Well, I could say it will gain interest to the viewers and can bring something to change their views and minds but as we are talking about being effective, we couldn't be sure of that as it lies now on how the views did it in real life. In reality, many people love to watch movies but that is just it, they don't do it in actuality. I won't say it was not effective but we can't be sure if this will work effectively 100%. 

You have a good point here. Knowing the video is good, watching the video and garnering views, and actually making a change and causing action are three different things. No matter how good the video is (which it is, kudos to OP on that) and the views it will get, if the viewers do not put what they learned and digest from the video then it won't be branded as effective. At the end of the day, it is up to the viewers on wether or not they adapt what the learned and use it or let it just be a part of their watch history.
1351  Bitcoin / Bitcoin Discussion / Re: I think we need to start asking people if...... on: August 26, 2023, 05:18:05 AM
I asked him if he will want cash, bank transfer or Bitcoin, to my surprise he answered Bitcoin, I don't take this very seriously because, you know, most people don't care about Bitcoin here, but he brought out his smartphone and told me to scan the QR CODE.
This is really nice, some people we think have no idea about bitcoin really know’s about it, but most of them don’t just talk about it. If you go to a store and you made your payment with bitcoin, it’s not really a bad idea, but if someone come to your house to fix something for you and you exposed it to the person that you are having bitcoin, don’t you think the person might end up coming back or sending people to you to steal the remaining bitcoin from you, and they might even end up getting you injured? We all should be careful about telling people about our bitcoin holdings, nobody can be trusted.

Have you guys been promoting Bitcoin by asking workers if they will receive Bitcoin as payment?
No, I haven’t done that before, and I think it’s not really necessary for now to avoid unnecessary stress. When you ask some people if you can pay them with bitcoin, some of them might end up thinking you even want to scam them, and since the central bank of my country is against bitcoin, your account might end up being reported if the wrong person knows that you are into bitcoin.


I somehow agree with you. Right now, it is better to be on the low about it. If an individual is the one to bring it up as a term of payment, especially for well-known establishments around the area, like stores, gas stations, and boutiques, then sure. However, if they are just one individual who you are not familiar with and is pretty sketchy then just keep it as a secret. We are still in a situation where it is difficult to know who we can trust regarding Bitcoin.
1352  Economy / Economics / Re: Which problem will you choose to solve? on: August 26, 2023, 04:31:06 AM
Rich people and poor people have different problems, the main problem that is most commonly faced by poor people is finance, they work to support their families so they can eat three times a day. Poor people only think about their fate and that of their families so they can eat and sleep well. While the rich have broader problems that have a relationship with the poor in terms of salary payment problems. The rich also don't only think about their fate, but there are tens or hundreds of poor people's fate that they have to think about if their business is not running effectively.

I will choose to solve the problems of the rich, not because I don't care about the fate of the poor, but when the problems of the rich are resolved, indirectly the problems of the poor are also solved.


You have an interesting perspective on the problem of the rich and the poor. It can be said that the problem of the poor completely depends on the rich, so as long as the rich can solve their problems, the poor will also partly solve their problems. Like what happens in times of crisis when companies and businesses file for bankruptcy, leading to widespread unemployment and it's a poor man's problem. And to solve this problem, we need new businesses, startups, and that's a problem that needs to be solved by the rich.

I completely agree with you. This is what I mean by stating that solving the problem of the rich helps on a bigger scale in a way that affects not only the rich but the poor as well. The rich have a higher influence and effect on the economy and other industries. Solving the problem of the poor, on the other hand, rarely affects the rich in any way. Hence, if given the chance, I'd rather solve the problem of the rich due to the effects it will cause for the majority.
1353  Economy / Economics / Re: Gold , Silver Or Crypto? on: August 26, 2023, 01:55:43 AM
I concur Cheesy   silver is industrial for example  this is my main take away from considering this market.  It can be the best performance of all three by far, but its heavily reliant on that industrial demand.  I have high hopes for silver still as it is related to Solar panels and this tech has developed greatly and is favored for usage by almost every country its only the cost of building and some connection to the grid that impedes further usage of solar.   Massive advances in that technology since the 1970's, many orders of magnitude more efficient.
  Silver can also be a monetary metal, its multi purpose but for now I think industrial and its supply is alongside lead and also gold, commonly a company will mine both.  Gold is seen as monetary but we know jewelry also and again gold does have usage for industry as an element sometimes nothing else can do the job just as well.   So yea they are all unique, I have some holding in all 3 though I might be most biased to crypto as I think digital is the most adaptable and fast growing tech hence crypto too has great prospects within that.   
  Im bullish on tech generally for the reasoning its so pervasive in countries which otherwise are not fully capitalist, many countries are greatly protected with border controls on the free flow of goods.   Biggest example would be the EU for example which wont allow free trade across its outer borders only within its member states; my theory is tech passes through these borders like modern day osmosis its able to find a way for people to do business.

I agree with you. All of them have great pros and of course, have underlying cons. I have never invested in Silver but I did hear that the drive and standing for profit heavily relies on industrial demand. Gold, on the other hand, is always a good investment as long as you know how to handle the investment properly and the right timing for it. As for crypto, which I also am pretty bias too, is just the easiest and more accesible investment for me.
1354  Economy / Economics / Re: My wealth plan for next 3 years on: August 26, 2023, 01:39:15 AM
<snip>
I think it's a bad idea to borrow loan and invest in cryptocurrency especially shit coins like the AIDOGE you mentioned. I believe you've been in the crypto space for a while and you should be familiar with the term pump and dump. These projects are created by developers to enrich their pockets, they lack utility and there's no guarantee that whatever shitcoin you choose to invest would make a x1000 return.

I greatly agree, loaning money to buy shitcoins is like gambling.  I would support the idea if the money loaned is to be invested on Bitcoin because we know the halving is nearing and the possiblity of breaking ATH is just some years away.

My advice, don't take the loan to invest any shitcoin rather work hard. Whatever amount you are able to save you can use it to buy Bitcoin. Take a DCA approach and be accumulating your Bitcoin holding gradually.


This is a much better option, instead of paying interest, if we work hard and look for side jobs, we might find ourselves getting better in financial status.  By finding an additional source of income, the incoming funds can be used to invest in any investment ventures we plan and it also saves us from paying debt + interest that can possibly put us in a dire situation.

I completely agree with you. Instead of taking a loan or borrowing money just to invest (with the risk of it not even gaining profit), it is far better to work hard, find more sources of income, and use the extra money gotten from those to invest. That way no matter what the outcome of the investment is you wouldn't be held responsible for any loan or debts, as it is your own money. You wouldn't have to deal with additional financial problems and responsibilities aside from the investment you lost.
1355  Economy / Economics / Re: How to avoid over expenses and have discipline on: August 26, 2023, 12:59:16 AM
Well and actually rich or poor a person or a family they still have to manage all the costs of life. Rules are something that must be applied in any case, because if not then we will behave arbitrarily in using it. Moreover, this is a matter of money, if they are people who have more income than other people in general they must also still have some rules by applying budget limits, because otherwise the money they have will not last long.  We are living human beings who always want whatever we think is attractive and also we always have greed in us. Not buying something that we don't really need is a very good choice, it's better to save some of the money we have for other purposes, we never know that we could experience something that cannot be predicted and at that time we will need money urgently.
Saving on expenses would be better and only buying something that we really need and can provide good feedback for us would be better.

Yes, people who have more than many others also need to stick to some rules, but I believe these rules are about making more money than about spending less. Limiting your desires will not save the money you have. Your emotional state will suffer and you will be focused on the fact that you are missing something. And in order to save and multiply funds, you need to be focused on how it can be done, and for this you need to be motivated. And what motivates better than one's own desires?
Or this one;
3. Break down luxury expenses

You would really be able to save yourself on total wreckage because of unwise spending due to those luxury expenses. This is only good if you do really have that extra but if you are really just that earning
sufficient then it would be a bad idea if you do really let yourself having this kind of behavior. Sooner or later you would really be able to find out yourself on big trouble on the time that you had realized
that you had already spend your life savings which is something that must kept and be used on emergencies or important matters and not on buying up useless things or craps.

This is where people do usually misses out on which making on doing things which arent supposed to be done because if you do then you would really be ending up on a disaster but well there are people
who doesnt bother or care about those consequences or effects until they would be able to realize those mistakes. Common behavior of human being is that whenever they do want a thing then they would
definitely do and dont care nor mind about the after effects.

Luxury expenses is what it basically is, luxury. Hence, only those who have the capacity and enough financial privilege should be able to enjoy such luxury, or else it wouldn't be luxury at all. What I'm saying is, that people should know what they are capable of buying and what they are pushing to buy despite the risk it will cause to their budget and financial plans. Most often than not, individuals find it a need to buy something luxurious to reward themselves for working hard and earning a good pay without even thinking and realizing that some luxury are not within their realm of financial capability.
1356  Economy / Economics / Re: Any business where today you launch, tomorrow you begin making profit...? on: August 26, 2023, 12:36:14 AM
Business is a reliable means of earning money. But establishing this business is very difficult. In business there is an expectation of profit at the same time the possibility of loss is very high if not managed properly. Moreover, any business needs time to get established. Who think of profiting from the day after starting business must have ulterior motives. Especially those who operate Ponzi scheme businesses will only invest profitably and at some causes they will run away with the money. An entrepreneur has to invest both time and money if he is interested in building a reliable business. Every business is challenging so there is no guarantee of profit.
At the end of the day, this is true. Hypothetically speaking, even if OP finds a business that made a profit the day after its launch, there is still the danger or risk of the possibility of it not gaining profit the very next day. The hype of an opening or business launching may gather attention and support from friends and family that will allow them to make a profit the day of the launch but it will not have the same effect the next days. Hence, the profit will amount to nothing at the end of the week. Hence, even in hypothetical sense it is still a bad ending.
1357  Economy / Gambling discussion / Re: [Boxing]: Jerwin Ancajas vs Takuma Inoue - Nov 15 on: August 25, 2023, 11:57:41 PM
This is a good time for redemption for Jerwin Ancajas. I'm sure he's already reflected these past few months on his losses and he's ready to take on a new opponent. I'm not discounting the capability of Takuma Inoue, though, as he's still a very capable fighter and for sure, is trained by his older brother. They can drag this fight to decision, but I'm banking on Jerwin to have the greater stamina and decision making given his tenure in professional boxing and his experience in his past defeats.
1358  Economy / Gambling / Re: Empire.io | Free Payouts, VPN-Friendly, Relaxed KYC & 1 BTC bonus! on: August 25, 2023, 11:29:11 PM
Sharing the same concerns with o48o. What do you mean by ‘relaxed KYC’? What happens if someone wins a huge amount on your site? Will you be able to release the funds immediately without requiring the player to do any verification? This just puts the players at risk of getting caught in the middle of KYC verification process without the certainty that they will ever get their funds. At least be clear on what that relaxed KYC means before people deposit some money on your website.
1359  Economy / Gambling discussion / Re: Can money be saved in gambling sites? on: August 25, 2023, 10:57:22 PM
Saving your money in a third-party wallet not directly controlled by you is like asking for someone to rob you off of your money. This is not advisable as the gambling platform can easily go under and you will have no way to claim or get your money back. At least in wallets that you control, you have the option to move it out from one place or another, or just spend it, and the blame's all on you. I'd rather have that thought and be comforted by the fact that I alone am to blame for the loss of funds I may incur rather than stress out on something that is completely uncontrollable.
1360  Economy / Gambling discussion / Re: Security measures in casinos are better than exchanges! on: August 25, 2023, 10:22:12 PM
I'm pretty sure that exchanges are far more capable in deflecting hacks and attacks on their systems. It's just that they have more money in them hence why they're being targeted more. Gambling platforms are also heavily beefed up when it comes to security, but their volume is smaller compared to exchanges that are moving and facilitating millions of dollars every single day. If your platform is doing that, might as well improve security in every way possible.
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