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1061
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Economy / Gambling discussion / Re: NBA 2020-2021 betting
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on: May 04, 2023, 03:03:48 AM
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So tied at 1-1 now, I though that the initial odds set by sports bookies at -9.5++ for the Celtics is a trap. But I guess they really know how to put that handicap, unfortunately, I didn't pull the bet because I thought that it is going to be closed.
Score, 121-87.
It was surely a trap, and I would have taken it if Embiid didn't play. But when he did play and the odds didn't change, that signaled something, and it only meant that the Celtics would win and cover the spread. As expected, they covered the spread without any problem, resulting in a blowout win by the home team. I would like to congratulate the bettors who didn't fall for that trap. This is the playoffs, and a team getting swept is unlikely to happen. If you know what I'm saying, you'll figure out how to win. |
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1062
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Economy / Gambling discussion / Re: How Big is the online gambling industry today?
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on: May 04, 2023, 02:16:19 AM
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According to the articles shared, sports betting will have the highest market gain in the next few years.
What do you think?
There is no doubt that the online gambling industry is growing very fast and it will continue to grow in coming years. There are reposts that the online gambling industry can surpass the 200 billion dollar mark by 2031. This is indeed a huge growth. I think the interest of gamblers in physical casino will decrease with the passage of time and the gamblers will prefer to online gambling over physical gambling. Global Online Gambling Market Set to Reach USD 75.15 Billion by 2031, With a Sustainable CAGR Of 12.5% | Growth Market ReportsWe are heading down the path where gambling is becoming more accessible, with the sports betting industry being the largest. Most bettors can now stay at home, and the outcome of the game can be verified easily since we can watch the game live. The industry will continue to grow as the economy grows, as most men have an interest in gambling. With the growth of the industry, people are becoming more knowledgeable about managing risks. Therefore, despite the rampant increase in online gambling providers, the addiction rate may not necessarily increase. |
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1063
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Economy / Gambling discussion / Re: NBA 2020-2021 betting
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on: May 03, 2023, 12:03:06 PM
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Those of us who took the Warriors tonight are severely disappointed. Warriors tied it up late at 112-112 but the Lakers were jsut too much. AD led the way with 30 points and 23 rebounds, dominated the boards. Hopefully the warriors rebound for game 2.
Yeah, same here, I bet with the Warriors with the same handicap -4.5 before the game and feeling confident that they are going to cover it, because they are at home and they have Chef Curry. But yes, no one can stop Anthony Davis, this man is on a mission to bring his Lakers again maybe to the finals or at least win this series against the Warriors. The Warriors, being a championship team, can adjust in the second game. I think it's wrong that almost everyone are riding the Warriors in game 1. Well I can't blame people as the spread was really attractive and we know the warriors are very dominant at home. Anyways, let's move on and focus in game 2, the spread now is -5, this is the game that the Warriors cannot lose, so personally I will not hesitate taking that spread now. The Lakers seemed too dominant, but you know the Warriors are good at making adjustments. By the way, Looney is still consistent with his rebounding. He tallied 23 rebounds in that game, but what is missing is the contribution of the bench players. I don't understand why they aren't using Kuminga. Is he injured? |
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1064
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Economy / Gambling discussion / Re: 2023 NBA Season
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on: May 03, 2023, 11:24:12 AM
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Bookies are insisting that Knicks are the better team in this series vs Heat and I see totally different than them. I see Heat as a finals contenders right now and last night it was Heat to played poorly rather than Knicks played good but I can see this series going down until game 7 with Heat moving further.
The Knicks are struggling even without Butler, but how significant is his injury for the series? Will he come back in Game 3 or will he need more time to heal? Based on the current record, the Heat already have the edge, but if Butler doesn't return, I think the Knicks will use that as an advantage to try and steal a win. Lakers ...man , if somehow Lakers gets to win this NBA year , that would be totally unexpected because 2 months ago they were barely into play offs spots.
Yes, the Lakers stole one game on the road, and they are very hyped up right now. However, I wouldn't join in on the hype because it's just one game. The Warriors could still come back with good adjustments |
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1065
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Alternate cryptocurrencies / Altcoin Discussion / Re: ETH gas fees are a joke.
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on: May 02, 2023, 09:53:17 PM
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Ethereum gas fees are a big problem, but there is a solution to this problem. The solution is to not use Ethereum.  Unfortunately we are in such a bad situation. Still, when I have to use Ethereum, I try to prefer Layer 2 solutions. When Layer 2 alternatives do not help me solve my problem, I transfer a little over the economically recommended gas gwei and get my job done. You know, failed transfers on the Ethereum network are also charged. That's why I want to secure my work a little bit. Unfortunately, Ethereum gas fees continue to exist in our lives as a joke that does not make us laugh. It never helps at all. No other way to skip paying huge trx fees with ETH, it is absolutely disappointing but despite this situation, people had never given up and still using this. The only option I see is to transfer them in huge amounts just to save some gas wei rather than sending them in small amounts which also cost multiple transactions. I'd never see this situation turn back low but rather expect it to grow more.
In fact, I have had some bad experiences with this before, I taught setting on the lowest fee saves me but it turns out that it fails and I need to adjust my fee causing it to double my fees. |
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1066
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Bitcoin / Bitcoin Discussion / Re: You shouldn't be worried about bitcoin
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on: May 02, 2023, 09:22:41 PM
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It wasn't just because of the continuous improvement of computers but it was due to the unstoppable support of the community bringing this technology to grow and adapted the technology.
Why they are worried? Because these people don't see the value and the benefits of Bitcoin in the future as they just think that it will fall and scam us. But for those who have a clear vision about it and understand how the system works, absolutely they gain faith and trust that this technology will give them a comfortable life.
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1067
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Alternate cryptocurrencies / Altcoin Discussion / Re: How Confident Are you With Altcoin In This Time
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on: May 01, 2023, 12:17:29 PM
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I was not 100% but at least I believe some of these altcoins will perform a price rally when the market turns bullish. Because I know and I believe that Bitcoin will reach another high and of course, altcoins are there to follow the trend. Honestly and based on what we experienced in the past, the future of altcoins doesn't just rely if it has a use-case but also, it relies on how much is the price of Bitcoin would reach.
Choosing potential altcoins really matters this time otherwise, we make ourselves a loser investing in shitcoins.
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1068
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Economy / Gambling discussion / Re: NBA 2020-2021 betting
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on: April 29, 2023, 02:43:42 PM
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In the Suns vs Nuggets series, the sportsbook odds heavily favor the Phoenix Suns, but I'm not going to fall for that because I believe that the Nuggets are built to be successful in these playoffs, and they can at least reach the WCF.
The Phoenix Suns beat the Clippers in 5, but that was when PG and Leonard were out. They beat an undermanned team, but this Nuggets team is healthy, and they have the home court advantage. So, I think being an underdog presents a huge opportunity for the bettors.
The Suns have gotten better because of KD, but honestly, I believe their starters will be worn out in this series and since Durant is already an injury prone player, so I don't trust them.
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1069
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Economy / Gambling discussion / Re: 2023 NBA Season
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on: April 29, 2023, 02:15:12 PM
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In the west, I consider Denver and Phoenix as the top dogs as well yet they need to face each other in the semi-finals. I really want to see Denver and Jokic win the championships this season.
They are a good team this season, and yet they are still the underdog in the series against the Suns. In terms of chemistry, I think the Nuggets are the better team, so I would not be surprised if they beat the Suns. Murray needs to be consistent in the series, but he has already proven against the Wolves that he can lead his team. Even when he struggles, the team does not struggle fully because Jokic is always there to step up, and role players are ready to step up as well. I think the bench players are the biggest advantage for the Nuggets in this series. |
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1070
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Economy / Gambling discussion / Re: The psychology of betting.....
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on: April 29, 2023, 01:10:49 PM
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We all look for those patterns, even though such "patterns" don't really exists. It's just a human nature and a way of giving them a "hope" when they start losing. And yeah, people do think that if they bet more, they will eventually win, or if they are in a huge red streak, the next bet will more likely be a winning bet, the autospin feature is rigged (might be.. who knows...) or if you bet high, you start losing. But most of these aren't true and its all in peoples head. Everything depends on the RTP and the randomness of the result.
Because we think that the casino is using patterns as well. Some people recall the results and spend time analyzing them until they come to the point that there is a pattern being applied and they try to use it in actual gambling. However, the results seem too far from what we expect and it comes to my mind that whatever we do -strategies and patterns, this won't increase our chance of winning. The thing that could help us is to have luck, nothing else. Yet, that was too hard to get as it comes unexpectedly as well. |
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1071
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Economy / Economics / Re: SPENDING MORE THAN YOU EARN
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on: April 29, 2023, 12:47:15 PM
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Shopping with a list and Learn to day no is one of the major tools that cam help us to overcome over spending and it will limit the rate we desire to use funds especially when there is no need for it.
I never use this way before and sometimes I get a surprise that after the shopping and groceries, I've emptied my pockets. But I change it when reading some books and someone in our country has a program discussing budgeting. It really creates a huge impact upon following his words and tips on how to budget properly. I could believe that we all possibly change if we have a proper education about this issue and see the value of money. But until it did not happen yet, no surprise that most of us got into heavy debt due to overspending habits. |
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1072
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Economy / Gambling discussion / Re: Gamble Responsibly
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on: April 29, 2023, 10:42:18 AM
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Gamble for fun only, using small money that you aren't needing, and think about losing that money first, to make sure that you won't be needing the money if it's gone.
This is the beginning of the gambler starting the game, for fun and with an amount that he can still afford to lose but over time everything can change a lot, because fun is no longer fun when we lose money so start using more money to get what we have lost there is always in mind. The reason for fun is a very classic reason and sometimes it's not what players actually think about when they start the game, because fun things will be hard to stop, especially when we are in a winning state because the feeling of pleasure increases seeing the money increase. Keep using the money we can afford to lose and increase the number of bets not because we are sure we will get more but because we can afford to lose that money so that any result will not change the way we play, because we know our limits and that is what is called a responsible gambler. I think form what I am seeing lately with the recent inflation in most countries and in some countries really near hyperinflation I am not seeing people going for fun anymore to the casinos but they go directly to make some extra money and that is even worse because it immediately gets you hooked.I am talking about what I am seeing here in the country where I live now but from what I read on the internet the same situation is all over Europe and even what I read on the chat of online casinos suggest the same,this is very dangerous as this will inevitably lead to more addicted persons. Fun was used before to call some friends to have fun gambling but not anymore,now everybody rush to make some extra money in whatever possible ways with gambling leading the way and as I said this is bad for people in general. There is money in casinos actually and we can't deny that some people/gamblers make this as their source of income. But the wrong thing about this idea is that they push themselves into addiction as the more they spend time gambling, the more their mind is injected into it and it becomes difficult for them to get out and look for a decent job, a secure source of income. And I was hoping for these people not to commit any crimes because this is very common to most gamblers especially those who rely on gambling to make a living. |
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1073
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: How is the chance of $PEPE to become the next $SHIB?
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on: April 29, 2023, 10:01:40 AM
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I have observed it and it has increased rapidly, but that is not really what appeals to me in this market. Quick profit just brings more greed, I don't like coin memes because they are really useless and people get delusional about the functionality it fulfills. Many people can get lucky and make a profit but I honestly advise to see it for what it really is, other than pump dump fomo from influencers and follow related trends, they are really like forms of ponzi.
Just another project hype, some people may take their chance to make a profit from this but as we all know, many will suffer losses in the end. It seems no chance for this to stay long in the market, not just because it was a meme coin but it was because this project has no working product, it will just pass by. People will take caution in choosing a project, especially this time when the bull season is coming because many scam projects will come out and literally, they are too appealing. |
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1074
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Economy / Gambling discussion / Re: The madness of gambling addicts.
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on: April 29, 2023, 07:12:56 AM
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Too hard to imagine how this thing happens but too unfortunate that it really exists.
Addiction is too powerful that a person could really change their behavior and will commit criminal activities for the sake of fulfilling their addictions.
I can really attest to this one, although it was a different story with that person OP but the reason is the same and he committed a crime (stealing) because of gambling addiction. He is not like that before but due to addiction, send him to jail.
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1075
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: Is it advisable to invest on Solana?
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on: April 28, 2023, 09:46:30 PM
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Some People still have expectations surrounding solana but don't think it will be worth investing for long term. Once Ether's hard competitor solana, now struggling hard to rebuild their existence after 90% down from its ath, a years ago. From then, it didn’t show any impressive development that could make investors attracted. Although solana still have time to go themselves ahead but Don't think it could overcome. Rather you Should go with some others crypto.
If we talk about buying for long-term investment, that is difficult to foresee the future of Solana but if we are just accumulating this for the preparation of the upcoming bull season, that seems a good idea. However, putting huge money into this project is not really worth it. Well, that's for me, because I don't just look at the current situation but I consider its performance in the past and seems not performing well which is possible that it will be behaving that way again. But of course, investing in this project is not a bad idea, perhaps, it was still working which is enough to think that it never dies too easily. |
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1076
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Bitcoin / Bitcoin Discussion / Re: I may sound really stupid right now, but it's what I noticed
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on: April 28, 2023, 12:09:28 PM
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Why is it that bad news always comes in a bear market and when we are in a bull market, all bad news about Bitcoin vanished? Are they doing this on purpose? It's always the bear market, after halving everything will disappear and some bans will be lifted, and so on...
We usually heard bad news circulating the internet during the bear season and have no idea how to stop it. But we miss seeing how whales benefit from this situation and it happens that they manipulate the market trying to capture panic sellers to sell their coins at cheap prices and then take advantage of the situation. I'd see how influential these whales are in the crypto space. It is to understand that whales participation has a huge impact on the market, the pump and dump scenarios, that are all possible here. Unfortunately, we never know exactly what is in their minds and so we need to keep updated and listen to the news as well. |
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1077
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Economy / Trading Discussion / Re: Beginner mistakes and how to avoid them
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on: April 28, 2023, 11:14:50 AM
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The reason beginners make mistakes is that they get too excited about anything.Their motivation to earn money is very high. But they don't know that there are many strategies to be adopted in trading.Newbies actually treat trading like gambling, they think they can make more profit with less investment. They don't focus on trading portfolios. Everything is just for money, not for experience.However, it is very common for beginners to make mistakes in cryptocurrency. At first we also made many mistakes, but later we learned and gained experience.
One also of the common mistake was they are hastily learn trading like in just one night and will jump to trading immediately without any strategy. They are very greedy to gain profit immediately and not knowing the fundamentals of it that is why others a losing a lot and will then quit as they cant take it that they are losing. That is why patience and be knowledgeable on something so that you'll be successful Because they think that trading is easy and profitable in the first place. They also think that even without a good knowledge of trading is still good enough. They assumed that everything is okay until such time comes that they discover how hard to adjust the market and make a profitable trade while at this time they just suffer losses. That is why it should be encouraged that we don't underestimate the market. And being a beginner must not gain too much confidence instead, help ourselves learn more and accept advices from experienced traders. |
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1078
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Bitcoin / Bitcoin Discussion / Re: What went wrong with bitcoin! Reply
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on: April 28, 2023, 01:56:11 AM
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In general, we have to make them understand clearly that investing in Bitcoin doesn't guarantee instant returns and that is the reason why we have to encourage them to be patient and hold. Because some influencers and those who pretend a Bitcoin gurus, they never speak about losses but rather give promising words - profit and make rich. A reason why someone who invested in Bitcoin will wonder why he got nothing after a few days of buying, instead the value is decreasing.
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1079
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Economy / Trading Discussion / Re: Is there any point to start trading with 20$?
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on: April 27, 2023, 12:03:10 PM
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No, you're not wasting your time because it is better to start with a little capital to learn more from crypto trading than to start with big capital without having the knowledge of crypto trading in the market which it can lead you to failure in the future. I believe, $20,000 can help you to make a huge amount of money in future, if only you can wait for the price to fall back to $10,000 or $11,000 before you can buy and hold for the price to increase higher to your satisfaction before you can sell to achieve your income. But don't forget to increase that capital when you have enough money, because it will really help you to get what potential traders are getting in the crypto market.
As long as he is still learning about trading or investing in bitcoin, he should use small money to avoid losing his money. If he feels his skills and knowledge have increased, he can use much money to trade or invest. And as he continues to learn more about trading or investing, we will discover that he can increase his capital to make a profit. But it all requires a long process and he must be patient in learning so he can also learn to control his emotions when he trades. That is the thing it is supposed to happen but based on the post of OP, he was afraid to invest/trade more and I'm not sure if he is really able to grab such an opportunity especially if he experiences losses on his first try. Because those who are afraid of taking risks have no future in the crypto space. Or maybe he got a change when he understand the market behavior and then have the courage to invest/trade more. I really feel what he feels but allocating $20 to start is a very small amount. We can't expect profit from this but just learning and market familiarization. |
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1080
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Alternate cryptocurrencies / Altcoin Discussion / Re: Next bull market comes in June
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on: April 27, 2023, 11:30:12 AM
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I think that there will be no growth in June and, in principle, there was no active growth in other months, at this current time there is practically no growth, you don’t even know what to invest in to earn money, it’s not 2017 that you could invest different coins and on this could make a lot of money
Are you for real? there is no active growth in other months? btc was as low as 15k few months back and it has rose to 29k as we speak, and you don't seem to consider this as growth? I can see your definition of growth is only when the market is on full bull period. If you where an investor who buy btc at 15k and can sell today at 29k you will appreciate and have a different opinion. I think btc has done fairly well this past few month. The market always have a way of surprising us so don't rule the possibility of seeing more growth in the coming months out. Don't get hard of it because not all here are able to understand the market and appreciate every pump because what is in their mind when talking about bull market is when the price of Bitcoin reach the new ATH. And that person seems not to look at the chart and the previous market events, what they just know yesterday and today, then speculating that tomorrow and the coming weeks/months will just be the same scenario.
I know that most of us are too optimistic about the future and today's price seems an indication that we are heading close to bullish season. |
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