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1301
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Economy / Gambling discussion / Re: Greed can cause a lost bet, (true or false)
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on: August 12, 2023, 04:48:15 AM
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But, the reality is that if you try to gamble your way out of debt, then you are going to be in a lot more trouble. That type of greed is a lot worse, because if you win a lot and then lose that's at least understandable, but if you gamble and lose and then gamble again, that's trouble.
That's true, if your sole purpose to gamble is to pay all of your debts. You are unlikely going to succeed. Most gamblers are aware that when you do that, you're definitely doing the wrong thing. And instead of doing gambling, you should do some other things when your aiming to pay your debts. I completely agree with the point about chasing losses - it's one of the most common pitfalls for novice gamblers. Take my early gambling days as an example. I made the classic rookie mistake of chasing losses when I was just starting out. There's this distinct memory I have of losing a certain amount of money on an online casino, which, in retrospect, wasn't even all that significant. However, instead of being sensible and cutting my losses, I convinced myself that all I needed was a one more round to recover. So, I continued throwing more funds into the game, desperately hoping for that elusive big win. Regrettably, things didn't unfold as I had wished, and I ended up losing far more than I had initially been prepared to part with. The experience served as a tough but valuable lesson, one that remains etched in my memory. That's how it starts when we're telling ourselves that just one more and we're all good. Not until that one more bet and we're losing and that's where it goes. We can't control ourselves when we're on that moment when we're already so close of stopping and withdrawing our profits but then, when we're too curious and thinks that just one more will suffice us. That's when the trouble starts that we can't take it anymore until everything is gone to us. |
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1302
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Economy / Gambling discussion / Re: FIBA Basketball World Cup 2023 - Betting and Discussions
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on: August 12, 2023, 01:38:35 AM
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True, it's happening everywhere and in every country. They're improving their roster by adopting a new player even if it takes to be naturalized. Some countries are even requiring a rule of law of it to be passed for someone's naturalization. And FIBA allows that so basically, as long as it shoots to the law set by FIBA, it's totally fine.
If that is the case, then the loophole needs to be eliminated. From what I have seen in other sports, this trend of "purchasing players" disproportionately impacts the poorer nations (especially those in Asia and Africa). Bahamas may be able to make use of Eric Gordon, and they may manage to qualify for high profile tournaments. But I am afraid that it will come at the cost of poorer nations in the region, who can't afford to have these NBA players in their teams. I am sure that FIBA is looking closely in to this issue and thinking about changing their eligibility criteria. You don't say that, if it's about the "poorer" nations I don't think that they don't really have a budget for these purchases. Once they're able to develop and their game plan on how they're going to stay for long on these competitions, eventually, they're going to open up more budget into landing these good players into their national teams. There are committed NBA players that don't forget to play to their "poor" nations which where they have originated with, that's why it's not a problem of budget constraints because they still look where they have come from. |
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1303
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Economy / Economics / Re: It ain't meant to be easy
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on: August 11, 2023, 07:37:11 PM
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Good comparison, there's more to life aside from Bitcoin and the forum and we have to be dealing with it either. And for one to be successful, there have to be a lot of experiences that include failures. Because if you're not going to experience any failure, you will not appreciate the fruit of your labor which is going to be your success. And we've got different walks of life and the way we determine success, happiness and every aspects of our lives varies. Hardship is part of the process and everything that comes out from it is always worth it.
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1304
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Economy / Gambling discussion / Re: Greed can cause a lost bet, (true or false)
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on: August 11, 2023, 06:08:25 PM
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Yup @OP, opportunity like that might won't come again anymore to you because you just lost it and didn't took advantage when it was there. But, the reality is that if you try to gamble your way out of debt, then you are going to be in a lot more trouble. That type of greed is a lot worse, because if you win a lot and then lose that's at least understandable, but if you gamble and lose and then gamble again, that's trouble.
That's true, if your sole purpose to gamble is to pay all of your debts. You are unlikely going to succeed. Most gamblers are aware that when you do that, you're definitely doing the wrong thing. And instead of doing gambling, you should do some other things when your aiming to pay your debts. |
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1305
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Bitcoin / Bitcoin Discussion / Re: What Bitcoin Phase are we
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on: August 11, 2023, 04:49:14 PM
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One thing, we're near the bull run and the indicator is the halving next year. That's why if we're still given a chance to accumulate on this phase then do it for yourself. The next accumulation could be harder because the price of BTC by that time is going to be more expensive than ever.
Do not let your emotions you forget what you have to do when you can do the necessary because you're aware of the cycle and it is what's gonna happen soon.
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1306
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Economy / Gambling discussion / Re: FIBA Basketball World Cup 2023 - Betting and Discussions
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on: August 10, 2023, 11:20:41 PM
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You're welcome! This happens very frequently in Basketball. In order to perform well, countries all around the world rope in American players and then naturalize them and give them passports. Same has happened with Eric Gordon. He was born in Indianapolis and doesn't have any connection with Bahamas. Before he switched to that country n 7th August, in all probability he didn't even visited that country once. This puts other nations who can't afford to purchase American players at a disadvantage. I believe that FIBA do have strict limits on the number of naturalized players who can be included in the squad. But even then, this is not a good precedent. True, it's happening everywhere and in every country. They're improving their roster by adopting a new player even if it takes to be naturalized. Some countries are even requiring a rule of law of it to be passed for someone's naturalization. And FIBA allows that so basically, as long as it shoots to the law set by FIBA, it's totally fine. |
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1307
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Economy / Gambling discussion / Re: It's safe to say - gambling is a guy thing.
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on: August 10, 2023, 04:25:20 PM
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Male, female, transgender, sissy, gay, lesbian, etc you can name it are allowed to gamble. If there's a casino not want to allow a specific gender, this will make them not able to earn a lot of money since the more people gamble the more money they can earn.
Maybe there's a discrimination or racism, but if you report to security, they will take care for you.
When a casino doesn't allow any gender particular then there are just two things about it. 1. Gender preference and racism 2. That person did something awfully that made the casino ban him/her to enter the casino premises. Gambling is for everyone and that's why it's not a biggie for most crypto casinos. As long as you want to play, deposit and that's it, you're always welcome to all of them. |
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1308
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Bitcoin / Bitcoin Discussion / Re: Is bitcoin best option to invest
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on: August 10, 2023, 03:13:38 PM
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Well, IMHO, this all sums up minding our own businesses. Whether you do Bitcoin trading and investing into a full-time thing, what's the matter with that? If someone does it part-time and does a trade once in a while, it's not a problem. This is like knowing your craft and what you are up to. If you like doing things as a passion and you want to make it as a full time, no one has to dictate what you must do. It is you that's aware of your finances, your strategy, your investments and everything.
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1309
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Economy / Gambling discussion / Re: Gambling experience using loan money
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on: August 09, 2023, 06:38:34 PM
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So, when the urge reaches the point where they just can't do it anymore, they start looking for people who can lend them some money, they will say that they will return it soon but they most probably lose it in gambling because gambling does that to everyone, and then they get in trouble because of the loan.
It is always the situation when the gambler will say anything guaranteeing that he will be able to return the money. But if you're the lender, do not believe them. Always ask for the collateral if you're going to grant a gambler a loan. That's always the matter of concern if you're valuing your lending business and money. But if not, then you're too kind to allow that loan and let them lose it not knowing that some of them won't be able to return it based on what they've promised you. |
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1310
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Alternate cryptocurrencies / Altcoin Discussion / Re: Paypal launches an Ethereum-based Stablecoin!
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on: August 09, 2023, 04:43:28 PM
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Get to see more of them coming from these payment processors. But in fairness to PayPal, they don't land quickly in building a stable coin without having the adoption first by accepting Bitcoin, Ethereum and other cryptos on their platform.
So, it's like all set that this is together with those adoption but before, they don't allow to withdraw crypto. And everything has started to change when they've been open with the withdrawals and now with this, they've got userbase and for sure that this is going to be used by many of their users.
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1312
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Economy / Trading Discussion / Re: Hacker attacks again
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on: August 09, 2023, 11:53:38 AM
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I haven't followed this incident but there have been cases before that it happened too. Offered a bounty to the hacker but then, in a way that I don't know how the authorities managed to get probably a footprint or trace from the logs or whatsoever in technicality, the hacker got caught. It could possibly be an ego thing or whatnot but I agree that it's best to just take the offer and then let it call quits and that's it. No need to prove that he's the best and just stop fooling around with people's money.
There could have been possibly an internal investigation within the pools. Surely they had user of interest, but hey we'll never know who's who. Yup, we'll never know if there's an internal attack or inside job regards to this hack. But they better be sure and do all investigations that they can and if they're suspecting one or a few of their people is part of it, they need to do in-depth investigations just to prove if the malice is wrong or right. So with these defi hacks, it’s better for them to just take the 10%. Rather than leave the funds on the wallet for a decade and then basically get caught anyways.
Agree, 100%. They can go away without any problem freely while receiving 10% of the money. Best resort for both sides. |
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1313
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Economy / Gambling discussion / Re: Peer pressure as a substantial gambling catalyst.
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on: August 08, 2023, 11:18:31 PM
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Not an article but a video wherein a guy from Vegas was a younger than mine and he has said that he's earning a few thousand to hundreds and even millions depending on the bets he makes. Well, it's social media and can literally fool someone and just a showy video to make it look like he's got the credibility of what he's saying. When someone tries to convince me, I am not inspired because I've got my own way of gambling and I don't need anyone to pushy like that.
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1314
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Other / Off-topic / Re: Keeping your gambling habit a secret.
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on: August 08, 2023, 10:12:04 PM
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You don't have to be proud of what you're doing and if a gambler keeps his gambling activities a secret, there could be many reasons. His wife and family probably don't like it but as soon as he wants to gamble, he needs to limit himself. Another reason could be that there's a taboo for gamblers. The society made it look like most gamblers are irresponsible and don't live a good life and that's why many just chooses to keep it as a secret. So, if someone thinks like that, then there will be a lot of gamblers that will force to keep it as a secret.
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1315
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Economy / Trading Discussion / Re: Hacker attacks again
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on: August 08, 2023, 12:10:29 PM
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I haven't followed this incident but there have been cases before that it happened too. Offered a bounty to the hacker but then, in a way that I don't know how the authorities managed to get probably a footprint or trace from the logs or whatsoever in technicality, the hacker got caught. It could possibly be an ego thing or whatnot but I agree that it's best to just take the offer and then let it call quits and that's it. No need to prove that he's the best and just stop fooling around with people's money.
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1316
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Economy / Gambling discussion / Re: As a gambler do you have a potential winning amount limit?
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on: August 07, 2023, 09:03:39 AM
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I believe that gambling is for fun. Even though I am mostly into sports betting only these days, I am still having more fun and thrill watching games that I have a bet.
Just like in games that we play all of them are fun but there's an exchange to get into that fun. And with gambling, it's in exchange for our money. We do like to see how everything is going to happen with the bets that we make and that's why, the thrill and fun is there. I do have my own minimum limits for winning, but not that high. And my betting budget always corresponds to my regular earnings and it is not even based on my overall assets so it won't hurt if I lose.
Don't believe in people posting on social media and making stories about earning regularly on gambling. If someone earns regularly in gambling then it must be on poker.
The same as mine, not that much but as long as it's along with my budgeted amount for gambling then it's all good. I don't mind losing it as long as I have fun and that's not a lot to think of. Some gamblers forget to set winning and losing amount, not that much for both is what gonna give you a good night time sleep. |
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1317
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Economy / Gambling / Re: NanoGames.io
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on: August 07, 2023, 01:34:53 AM
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Hi!
To clarify, I am not a Rep. I simply asked the site if I could make few posts in few different forums to get some exposure.
On top of these posts the lottery promotion I am offering on behalf of myself is just a gesture of good will. So you will have a win element of some sort for just checking out the site.
You can add this to the first post so that everyone will not have to guess whether you're an actual rep or you're on it for an affiliate and you just simply doing it based on what you've said. No casino will just block and void your wins for no reason, you must have violated T&C which you agree to when making an account in the first place.
The sad thing is that there are, and that's why there are people out thinking that it could happen to them if ever they'll try it. I remember you guys and hopefully, the real rep from this website comes back. |
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1319
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Economy / Gambling discussion / Re: Importance of Gambling to the society
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on: August 06, 2023, 04:28:38 PM
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IIRC, aside from Monaco there are also other countries that have allowed gambling only if it's for tourists and foreigners but they don't allow their citizens to gamble because they know that it will be bad for them. Can't deny the fact that a country that's benefiting from taxation through the gambling industry is really a lot and it helps to finance a lot of projects, infrastructures, and other help to their citizens. I think many will have a big argument on this one because they'll defend that it's still gambling at the end of the day. There will always be losers and winners.
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1320
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Bitcoin / Bitcoin Discussion / Re: BlackRock owns 8% of MicroStrategy
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on: August 06, 2023, 03:05:54 PM
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This isn't new in these markets, one company buys more shares from the other one and vice versa. In other words, the purchase will not affect how the company is managed.
Right, and it's also possible that even if BlackRock gets more share than Saylor, they can just let him handle it if they think he's doing the right thing. Without being a saint of my devotion BlackRock, it is simply what it does, invest a lot by diversifying, and Saylor also has its dark parts but I prefer him in charge of the company that owns more bitcoins than BlackRock.
It's still quite fearsome because we all know that they won't just keep on buying Bitcoin. A time will come that they'll have to sell, dump and get profit from it but we don't know when. |
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