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1521  Economy / Trading Discussion / Re: Giving Bitcoin to Employees on: February 15, 2022, 05:49:11 PM
Well, since Bitcoin is legal in your country you may encourage your employees to get a salary in Bitcoin. So more people will be introduced to Bitcoin. This means it's an adaption for Bitcoin. Though I don't have employees but pay Bitcoin for some works that hire for marketing purposes. Yea, they are familiar with Bitcoin and cryptocurrency. Those aren't familiar hard to manage them to accept Bitcoin. But at least I tried to pay through Bitcoin or other cryptocurrencies, especially for marketing.
Good idea but i don't think it will work for now as bitcoin is not yet adopted as an option to fiat. Having it as an incentive instead may create a good start for the employees as it can be an eye opener for them to learn about bitcoin and start investing in it for future retirement funds. However, the employer should educate first his employees about bitcoin so that his effort on giving them bitcoin will not be put into waste. Bitcoin is valuable so it should be well taken care of and properly managed.
1522  Economy / Trading Discussion / Re: A few key points distinguishing traders from gamblers on: February 14, 2022, 10:58:10 PM
It is what it is in gambling, you will get more loss streaks in case of chasing loss but things work differently in the trading world. Money management is the main key in both, having a self-dedication can save your day in trading while everything depends on your luck at the moment you decide to gamble. The more you play on gambling platforms, the house edge keeps eating your balance since slots have an average of 96% RTP while in trading you can minimize trading costs with correct platform/brokers decisions.
In gambling, you will have less control of your finances because your only goal is to win, but at the end of the day gambling makes you poorer while gambling operators ensure that the house will always end up making money. Winning in gambling has a very slim chance, which gives big opportunities for the house edge to gain all your lose capital. However, trading does not depends on luck, but definitely rely on your learned knowledge, skill and strategies that will give you an edge over the other traders and help you gain the profits. Though both have their own risks, but trading with right attitude has more guarantee to make profits than losing your capital.
1523  Bitcoin / Bitcoin Discussion / Re: Bitcoin Is A Better Option Than Fiat Money? on: February 13, 2022, 09:02:33 PM
bitcoin has many advantages

fiat has many advantages

That's why I don't see any reason to make comparisons.

for example:

fiat is recognized by governments which allows it to be used in countries, everything you buy uses fiat, people receive a salary using fiat, but there are maximum values ​​for walking on the street with fiat, something that does not happen with bitcoin where the person can be their own bank
All these advantages will be happening to bitcoin soon if the massive adoption will continue. It may not replace fiat, but its a good alternative for fiat in the future. For now, the best advantage of bitcoin is to have it for financial freedom. And this is rare to happen in fiat, as inflation continue to depreciate the value of fiat. And while fiat is closely monitored by the government, with bitcoin you can have limitless opportunities without the authority monitoring it.
1524  Economy / Gambling discussion / Re: [Boxing]: Casimero vs Butler ordered by WBO on: February 11, 2022, 06:41:58 PM
I bet also tried that several times especially for Rigo but he didn't succeed as Rigo didn't bite the bait.
Rigo knows the power of Casimero, and for sure if he gets toe to toe because he fights with his emotion, that fight could have ended in a KO and it will be Rigo who will be laying on the canvas. That fight was a boring one, not worth remembering, so I expect to see a better fight in this fight, let the KO be displayed again.

That is what exactly Casimero wants to happen, that Rigo will let his emotion be displayed but the dude was smart enough to endure Casimero's provocative mouth and set his course not to let Casimero near him as it could be dangerous or worse, it will be his last move.

It was indeed a boring fight, not worth remembering but because of Rigo's foolishness, it will be forever remembered. Lol
Same as you, I expect a better fight this time and a better outcome.
1525  Economy / Gambling discussion / Re: [Boxing]: GGG vs Murata - Reschedule on: February 11, 2022, 06:17:43 PM
Any fresh update about the fight? Since we are now entering the 2nd month of 1st Quarter, at least we should now see any update on this fight.

Based on my own research, Japan is still restricting boxing event. I like to see Murata fighting GGG at his homecourt. Hope the situation will get better as GGG is now aging and needs to fight now. His time is running out for more possible good fight in the future.

I guess if there is any publication it would be updated here as well, seeing that many chooses GGG over murata to win the the fight. I think Murata is really getting ready to the win as from GGG. The fight will be a great one and I will be active to witness.

Nothing still, and for sure update will be available in case that there's any news regarding to this fight.

Like what you have said, GGG is the favorite to win here, not an easy fight for Murata knowing how GGG takes this division before

Canelo take him down, we don't know what kind of preparation Murata's camp is doing to be more prepare once the fight takes place

and how he will executes when they met inside the ring..
Nothing could be said until it would be shown inside the ring and of course they would really be making out preparations for this fight which it is really just normal for an upcoming fight.
GGG might a little bit getting older but doesnt mean that he's already sluggish even though Murata is strong one but speaking with experience then GGG couldnt be easily be beaten up.
I dont think any possible upsets for this one and not to underestimate on which the gap is too wide to consider out.
The truth is that this fight has me on edge, because I know that for many it is an ideal fight to demonstrate the power of both boxers, and so much preparation to not have an exact date, I wonder one thing, is it that both fighters are preparing a lot in these moments? If I were either of those two, I would be preparing myself to the maximum every day as if the fight were tomorrow, if there is something I know about boxing, it is that the more hard preparation you have, the more chances of winning there are since your resistance increases.


It quite normal for the both boxers to prepare themselves to extreme conditions and conditions but not just as if tomorrow is the fight, No, there's nothing like that. But I got your point, yes as of now, both fighters are already matured from the trainings since their fight was postponed. Aside from that, the benefit of the fight being postponed is that they can study their opponents moves more often until they can create such techniques on how to overcome it.
1526  Economy / Gambling discussion / Re: 2020 Philippine Basketball Association betting discussion on: February 11, 2022, 05:51:55 PM

Right, I thought we could already watched it live at the Big Dome. But I read about it somewhere that they would allow some limited audience to watch it live week after the 1st live game.

There's no announcement regarding that, so it's just a speculation. For sure we can read that in their website if that is true, but for now, let's just enjoy their return and stick with the current set up.

https://www.manilatimes.net/2022/01/19/sports/pba-plans-to-resume-games-in-february/1829775
Quote
THE Philippine Basketball Association (PBA) Board plans to meet next week to discuss the possible resumption of the Governors' Cup in February under a home-venue-home setup.

League commissioner Willie Marcial confirmed this on Tuesday at the Philippine Sportswriters Association online forum.

"I've talked to (Games and Amusements Board [GAB]) Chairman (Abraham) Mitra last Sunday and they told me they've endorsed a letter to the IATF (Inter-Agency Task Force) to allow us to play in what they called a Type C bubble," Marcial said.

As you can read, it's a bubble set up, they will stay in the venue to ensure that no one will get infected with the virus and that they can finish the conference successfully.

Well, I think @Distinctin was right after all, as I was reading about the PBA's schedule through the internet. I bumped an article published by the same outlet "Manila Times".

Quote
The PBA last held its scheduled games on December 26, a double header with fans in attendance, but in the resumption of the season-ending conference, fully vaccinated fans will not be allowed in attendance, for now. But Marcial didn't discount the possibility of allowing fully vaccinated spectators in attendance under a minimum capacity once the Covid-19 cases continue their downward trend.
"Fans have become a big factor for us and the players missed them so much," added Marcial. "But we have to observe the first few weeks if the cases will continue to go down, then we will gradually allow them back at the games."
Source: https://www.manilatimes.net/2022/01/30/news/pba-resumes-on-february-11/1831152

As you can see, the article you posted was on January 19 but later on they we're hesitant about it, as you know PBA is infact a business after all. However, this article was released on January 30, a week after, that said they are welcome to allow the fully vaccinated individuals to participate and watch the live games if ever the cases will continue to go down.
1527  Economy / Gambling discussion / Re: [Boxing]: Casimero vs Butler ordered by WBO on: February 11, 2022, 02:50:07 PM
I mean, Casimero still have those speed and strength needed to take down Butler but Casimero's enemy is himself now. Aside from that, IMO Casimero needs a bariatricians or nutritionist to watch him while his training for the fight.

The strength maybe but the speed? I think he is not fast enough, he could not even catch Rigo.  Smiley

I see Casimero successful because of his great timing in the ring, if he maintains his coolness and worth smarter, then for sure he will win the fight, and who knows he can score a knockout that would make people be interested more in him again.

And why would Casimero chase Rigo for his running antics? Lol.
Rigo was surely fast enough but only to outrun Casimero and that's the only thing he can boast because he can't keep up with Casimero if they were to fight very closely, toe-to-toe. He's too obvious that he only wants the money and not to entertain people especially his fans. From that day forth, Rigo was lost his fans from his shameful behaviour.

Prior to the fight, Casimero said that he will knockout Rigo, and Rigo said that would not be possible, and he was right because his strategy was very effective and no boxer could knock out an opponent that will just run in the entire fight, he was good in running but he forget to score, that's why he lose, I'm even surprise that it was a split decision, should be a UD.

That's not new, most boxers are overconfident before the right, some even talk too much but less action in the ring, that was the case of Rigo, he wasn't aggressive and most of his activities are just defending himself from the powerful punches of Casimero, that's why the judges made a decision to score in favor of the champion.

Indeed! It is actually common and natural for them to be confident or trashtalk before the fight to provoke their opponent but that's actually fine because it is also a part of their strategy to get in their opponent's head so that they can't think straight when the fight begins and make that as their advantage, as for Casimero, I bet also tried that several times especially for Rigo but he didn't succeed as Rigo didn't bite the bait.
1528  Economy / Gambling discussion / Re: 2020 Philippine Basketball Association betting discussion on: February 11, 2022, 12:19:28 PM
I hope to see this game live on TV and I also hope that betting odds will be available.

Some games will be broadcasted on Sports5 TV Channel.

You can also refer to some Facebook Sports group which is now more being followed compared to watching it live on local television.

Anyway, there should be always a live game on local TV since that was the usual setup even before.

For me, I don't watch on local TV, I just watch online on their facebook streaming, and actually, the first game has already started, so let us enjoy it and those who forget to put their bet, can do live betting so they'll never miss 100% of the entertainment.

I think there's some specific channels to watch on our local TV, but I ain't sure about the Sports5 anymore. Aside from that, yes you can also watch live games on Facebook pages and YouTube channels.
There's no youtube streaming, they already removed it years ago, we can only watch this on their Facebook channel, that was hosted by smart and you can watch a high definition game.

By the way guys, is the games open to public?

Todays sched: Meralco Bolts vs NLEX Road Warriors
                      Magnolia Pambansang Manok vs TNT Tropang GIGA
Available for public viewing online but not on the venue, that is due to the restrictions. it's actually called a bubble set up.
1529  Economy / Gambling discussion / Re: 2022 NBA Season on: February 11, 2022, 11:57:47 AM
By the way guys, don't forget to vote on the poll in this coming all-star. OP updated the poll and there are already 2 votes, 50-50 result because I voted for Team Durant. What's your pick? and why do you think they'll win?
Team Durant as well. Not that I really think they would win but it seems more exciting to watch younger players like Morant and Ball. I think they have extra motivation to prove they have what it takes to play against the vets of team Lebron.
If I'm not mistaken, it's been Team Lebron's who are consecutively winning in the all star game, they are compose of vets and I think Lebron is really good in choosing his teammates. However, you are right, Team Durant are compose of young players and I like to see them compete as they will be the next future superstars.

Those who wants to check the roster, here;
https://www.nba.com/news/2022-all-star-draft
1530  Economy / Gambling discussion / Re: NBA 2020-2021 betting on: February 11, 2022, 11:14:44 AM
^^ It is very unnatural for the Warriors to lose again, another back to back lost for them after winning 9 straight. Still though they are in the second spot behind Phoenix but Grizzlies is catching them up, only 2.5 games separating them.

As for the Phoenix win, I'm not surprised, they've boasted to have one of the best road record and they put  a good defense on Giannis. Plus DA has one of his best games this season.
I'm not worried, that's alright, let them learn from their losses as they cannot make mistakes in the playoffs. Though they lose in that game and I lose money as well, I would never doubt them and I'll continue backing them every time they have a game, that's regardless of the betting odds.
1531  Economy / Trading Discussion / Re: The market is confusing on: February 11, 2022, 07:46:25 AM
This is why I feel like there is a good chance you could actually end up with a good profit thanks to this in the long run and that is it. Aside from that all other predictions are for fun but unfortunately there are too many people out there who gets fooled by all these so called influencers and they end up losing their money based on it.

I am already in profit now and even the lowest point of the last year and this still put me in profit,,, but I totally learned my lesson of ICO days where all the ICO coins I have now even at the highest point of last year was still way low in loss.

I guess newbies all need to lose money first to truly learn this lesson Smiley
ICO days have gone so we should accept the fact that we can no longer make decent amount of profits from ICOs these days. However, do not be confused with the market. Its always been unpredictable, but let's admit the fact that the market volatility is the main reason why most of us are still making unexpected profits till now. Yes, a lot of predictions have been out in the market but we are not obliged to follow them. Let's make our own market analysis that is based on facts and from our own technical and fundamental market details.
1532  Bitcoin / Bitcoin Discussion / Re: People Overthink Potential of Bitcoin on: February 10, 2022, 08:51:15 PM
The government wants complete control over everything, this is incompatible with the concept of freedom, Bitcoin provides decentralization and financial freedom for people, but at the same time it is more transparent, you can track transactions that take place in all their details on everything that is clear on the Blockchain and cannot be hidden, the biggest evidence is the news that We heard it two days ago about the theft that took place in the Bitnifix platform since 2016, the couple was arrested after all these years and the government was able to monitor the bitcoin that was stolen and know all its movements since that time until now, although they succeeded in stealing bitcoin but they did not succeed in Transferring it to fiat, this is evidence that Bitcoin cannot be completely outside the control of the government.
Bitcoin even how much we see it as decentralized, it cannot fully escape from the shadow of the government. This is why most of the crypto exchanges today prefer to be centralized. However, bitcoin is less controlled by the authority so we can expect that its more focused on its proof of work. And this makes people prefer to use bitcoin as an investment and as a currency over the government's centralized fiat and traditional investment.
1533  Alternate cryptocurrencies / Altcoin Discussion / Re: Decentralization ain't the solution to everything on: February 10, 2022, 08:16:16 PM
There's advantages and disadvantages for the two sides and I think we need to embrace every last bit of it and be watchful in what we do. In this decentralized market, we decide to be the better ones and consistently look out which is great and avoid the awful activities that will simply suck our cash. I think the decentralization has even aided us in view of its straightforward nature, you can't alter it or adulterate it.
In a decentralized system, people has given more rights to be able to maximize the profit taking without having interrupted by the government or people in authorities. So this decentralized market is more beneficial for us. But i believe that people still need rules and policies from a centralized government because that will maintain the harmonious relationship between individuals with different goals. So for me, if both will be possible, that will create the best advantage for us.
1534  Economy / Trading Discussion / Re: Diversifying Your Portfolio in Crypto on: February 10, 2022, 07:22:07 PM
Everyone should try to diversify their assets which doesn’t mean that you should end up buying hundreds of cryptocurrencies that will end up amounting to nothing. Like I do see some people who would buy more than 20 cryptocurrencies and store in their wallets, and it makes me wonder what the hell they’re really doing?
You can just buy few cryptocurrencies and store them, as long as you are very sure that they are really good and they’re going to make the profit you need.
Diversification is good because its less likely to suffer a  major financial blow if you know how to spread your wealth into the potential coins in the crypto market. And in fact, it will help you to generate a lot of profits from different resources, and you won't be afraid to see if one of your investments falling because you still have other investments that will provide an income for you.
1535  Economy / Economics / Re: Russia to make bitcoin a currency on: February 10, 2022, 07:40:09 AM
I am not surprised by their shift towards crypto (BTC). Not because BTC is that important to their economy, but because BTC and crypto are in a transition period and the sentiment is constantly shifting towards and forward. So even though Putin said it could be a good option, the sentiment could shift back again if something in their economy changes or they see a benefit in doing so. Bottom line is that BTC and crypto do not need mass government adoption right now, what it does need is to be left alone for a while, not baned. Adoption is the next step in evolution, but not right now.
The decision of Russia government may not be too convincing for me as they have their own motive why there is sudden change of decision towards crypto. Last month, they were banning it, and now they are planning to adopt it. But what is important is that bitcoin is now starting to be widely accepted as a currency, and not just a sole investment.  Hopefully, more countries will see the advantages of bitcoin especially today that it will be the best option to protect the people from inflation.
1536  Bitcoin / Bitcoin Discussion / Re: Bitcoin may not experience blood bath on: February 10, 2022, 04:45:42 AM
This is correct and losing is always be a part of trading that's why if you are in this very volatile market you should be ready to risk but you should know how to minimize the risk since you won't like it when losing a lot though that's why minimizing or handling the risk well is a must.

It was expected already that traders want a decent return when in this volatile market but you need skill that can surpass the volatility and risk in this market.
that's why people who have been in crypto for a long time, especially people on this forum, often suggest investing if you are ready to lose and at least use money that will not be used in the near future. because what I feel so far is as you say. The market is very unstable and especially for December and January now and indeed we must accept this and remain calm so that what we do is not wrong when the market is like this.
the market may be hot and prices continue to fluctuate but we must not get carried away and must be level-headed in determining actions
That advice applies to all kind of investments and not only to bitcoin, after all it is easy to think that we are not going to need the money that we invest in it, but life is full of surprises which means that just at the worst possible time when the market is hitting the bottom is when we need the money, this is why it is important have several saving funds so we do not have to touch our investment at the worst possible time, but unfortunately this is an advice very few people follow, and they eventually pay the consequences of those mistakes.
When it comes to any types of investments, we always have this golden rule "Never invest money that you can't afford to lose."  So definitely, save first for emergency purposes, and after that you can start saving to finance your investment. However, having bitcoin as our topmost investment will give us an edge from some other investments because of the expected huge returns. But bitcoin will never stay in peaks at all times, it has also its own flaws that we should learn to manage. This is the reason why bitcoin needs a higher risk since its not a guaranteed source of profits all the time.
1537  Economy / Trading Discussion / Re: Best strategy for crypto trading on: February 09, 2022, 11:36:40 PM
Until now I myself have never found the right strategy in trading. All the strategies that I use are based on the analysis and knowledge that I have understood before, so I also say that in general the strategies have a winning percentage. This means nothing is 100% accurate. In my daily trading, to get profit I often trade when the market goes down and touches the support line that I have set. Many times in every market I use this simple trick.
I guess you're not alone. I believe a lot of traders have been here for a couple of years, but they are still learning on how to minimize their losses despite of the market's volatility. Just keep on making experiences, because that will help you to venture a lot and discover your own potentials in trading that will create an edge from the other market traders. There is no best strategies in trading, it is on the trader's positive mindset and attitude that will create a big difference.
1538  Economy / Economics / Re: Why Inflation is a big problem for a country? on: February 09, 2022, 08:40:29 PM
Inflation is bad for low income earners and the artisan because they hardly have enough to feed, the little to feed with is being inflated leaving them on hardship. The government don't really have anything to lose as they benefit from budget and project from bribes that they don't depend on salary they get. It is really hard times in the world and majority of the people are on the poverty line. What makes the situation worse is that unemployment is rising daily.
As long as this covid 19 crisis will never stop, expect that the high rate of unemployment will continue to increase, leaving most of the people experience the state of poverty. But i don't think the government is not aware of it, and they are just not doing something to control it. The government will always consider the welfare of the people, but this inflation is starting to be in a state of out of control. And if its stays in that state for long, hyperinflation will occur as it will create continuous price surging for basic commodities. This is the reason why some countries think to shift into bitcoin knowing fiat is already highly inflated.
1539  Economy / Speculation / Re: How come BTC is not at least $75,000 yet? on: February 09, 2022, 07:56:34 PM
Bitcoin is long term investment i think. People who lucky were they didn’t panic sell when bitcoin dropped and under $34k.Few years people interested in cryptocurrency investment increase day by day.For me,im very lucky to buy when bitcoin price under $34k and I'm long term holding bitcoin i hope bitcoin price will be more increase and more development i think bitcoin price will hit $75k+ next 1-2 years.

Bitcoin dropped to 33,000$ and many people have sold their holding at that point because of the overall fear in the market. Now those people would be regretting as bitcoin is now 43,000$. People need to understand that at the macro level the bitcoin is bullish and it will remain bullish. The corrections will come in between and sometimes the correction can last for 3 months, 6 months or even a year. The reason for these corrections is that bitcoin is usually move parabolic upwards and people who bought bitcoin at lower price, they book their profits and then buy back again at lower prices.
Investors should know that a correction aside from creating an ideal time to buy high-value assets at discounted prices, it will also push the price of bitcoin to move even higher after a correction is done. So we should not be fearful every time it happens. Instead, it's good to become greedy when we see good opportunities to invest again in the market so we can maximize the profits once the bullish season will be here soon.
1540  Economy / Gambling discussion / Re: 2022 NBA Season on: February 09, 2022, 01:12:06 PM
Los Angeles Lakers - Milwaukee Bucks was the game of the night I think. And as I expected, Bucks were the winning team by a nice gap, 131-116. Giannis was just perfect in this game by scoring 44 points and having 14 rebounds. He was nearly making a triple-double too if he was able to make two more assists. His fascinating effort brought the win to his team here. Lebron was great as always and the general performance of the team was not bad too. But they had not much to do against an in-form team like Bucks.

Game of the night? no, a game of the night is a game that is fun to watch, that game, we know it's the Bucks who dominate the Lakers, it's not competitive in the actual game, only competitive on paper, sorry, I'm disappointed with what the Lakers have been showing so far, seems like they are lost.

I watched some games and I would say that the Phoenix Suns vs the Sixers is exciting. Not this one, the Bucks have built a good lead and the Lakers doing some catching up to do which is not a very effective strategy. They don't have much success on teams that have a good winning record like the Bucks. And even if they have the homecourt advantage, still Bucks won.

Hone court is not anymore an advantage of the Lakers, they are not a good team, they don't have a good strategy to win, their chemistry is their biggest issue, so they struggle in every game. Until they'll figure out how to solve the main problem, I'm afraid their struggle will continue.

They are still at the number 9 spot, their ranking is not moving up.
https://www.espn.com/nba/standings

I don't know what adjustment they'll make after the all star.
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