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Messages - 0t3p0t

Pages: [1] 2 3 ... 79
1
Gambling discussion / Re: [Boxing]: Info and Prediction Thread
« on: May 08, 2024, 07:59:38 PM »
I good chance for Lomachenko to get on the track, because after that loss to Devin Haney, which looked like a robbery, he might be morally not ready fight. I am not quite sure that Kambosos is on the same level with Lomachenko to go full distance with him. If we look on their records, then Kambosos last fights were less convincing that he is the best, than Lomachenko. A questionable loss to Haney and two wins vs victory by majority decision and 2 losses. I am not surprised we have odds like that.
It could be that promotions is cooking something that is why it resulted in a controversial fight?  Because in the past years I've been watching boxing matches I've seen more questionable fights that happened against our country's team that is why a boxer should always have a knock out so anomaly could be prevented especially if the management's intention is to have a rematch so they can profit more from promotions. I could be wrong but yeah that is what I -observed.

2
Gambling discussion / Re: How did the gambling life Start?
« on: May 08, 2024, 07:53:18 PM »
My gambling journey started by watching ads in the internet. After seeing various casino ads, I visited most of them. This is how I started my gambling journey. I gambled many casino sites sometimes I won and sometimes I lost.
Do you think you will still continue gambling after those losses? Are you just gambling for fun or you are hoping for something good luck to happen? Because I personally do enjoy playing gambling but the reason why I place bets on lottery is that I expect something good in return. 😅

3
Gambling discussion / Re: should gambling be completely banned?
« on: May 08, 2024, 07:49:14 PM »
I believe in some countries especially Muslim countries gambling is not legal. It is banned in some countries. Under age children should not be allowed to gamble, as it will adversely affect their academic activities. It will also affects extracurricular activities.
Well yeah but we all know that even it is not accessible in other countries with strict regualtion or even banned, some gamblers are still able to play by using vpn's I know some people who play gambling in places which gambling is prohibited but that is on their own risk. It will literally affect minors as they were being influenced by false promotions that sometimes may trick their young and weak minds.

4
I personally have majority of my previous bets in loss I was unlucky those times but maybe soon luck will be mine. I do have small profit before but in reality as long as we keep on placing bets we won't realize our loss will be more than the value of our winnings sad reality. It is all okay as long as we are having fun and taking lessons in every mistakes and lapses we did in our gambling activities.

5
I still believe holding bitcoin will be very profitable in the future.
120k is not impossible, and it is already 100% from now.

I am holding about 80% of the coins I ever owned.
I know holding Bitcoin could be profitable and 120k to 1M is very possible but not very soon. It will take Bitcoin many years to reach 1M, till then it will lie below 100k most of the time. I'm bullish about it in this bull run, I expect that it will reach at least 100k when bull run gets intensity but it's not likely to reach 300k in this bull run however a few people think that it will cross $150k in this bull run.
We just need to be patient when holding bitcoin, because it's not impossible when talking about bitcoin. We have also seen how bitcoin continues to run and is always able to reach ATH when it moves up.

It's just that we can't be sure when Bitcoin will reach that price. For example, 120 thousand is not impossible, but we don't know when we will see bitcoin reach that price. There is no doubt when it comes to bitcoin.
Bitcoin is always safe to hold long term, talking about prices like you said $120K is reasonable to happen but when will it happen? End of this year or early next year. This is a question that many people ask, even though we know that Bitcoin is unpredictable and no one can predict it accurately
The best long term investment is Bitcoin no doubt about that. But reaching a specific price like new ATH I think that is possible maybe last quarter this year or early 2025 but yeah that is just an educated guess so not something we can rely on especially in this volatile industry.

6

         -  That's also the reason I'm thinking about why it was said that this is the last bull run. Well, I read something that says Bitcoin's last halving will be until 2040. But anyway, maybe the best thing for us to do is to continue studying here in crypto or bitcoin and try to save money that we think will also give us future profit.

This is the only thing we can do in these times, especially since we are in a bull run now that many expect or wish to get profit from Bitcoin's rally.
There is still time for us to learn and invest in crypto, if the last halving will occur in 2040. I personally don't think about the last halving but am more focused on the halving this time and are bullish next year, according to many people's predictions,
Well yeah I think that is the best thing to do here to prepare for something big in the comming years especially during the four year cycle. But still we can make profits with the down trend but it will require a skill to not be able to lose during the bear market or if we don't like stress we can do DCA.

7
With the current market situation as of now, we still have the bullrun in continuation and there seems to be no bearish move from what had been seen recently, this season is meant for the market to rise and also sustain that for some time till we are close to the market price of about $200,000 this bull season, which also means, there are more to expect in the coming months and days of this year till the new all time high is achieved for this year halving.
Very bullish when you try to look at the "all" time frame you can see that Bitcoins price keep going up though there are deep pull backs but thats natural in the crypto world due to correction and bullrun can happen anytime soon especially in the four year cycle that is why we ahve to prepare for that event or else we will miss it again.

8
While investing in crypto, many people take loans from banks, but later they have to face difficulties in repaying the loans if there is a loss. How much crypto is needed to manage social life and can it be the only dependent income source of your life?
Well, I personally don't use loan money for my crypto investments since I do crypto for a crypto here in this industry especially nowadays. Before I use my hard earned money to invest but I learned that it's too risky that is why I am working on signature campaigns to get crypto so I can buy crypto as well. Depending on how much your lifestyle is worth then that's how much you need from crypto and no crypto is not my only source of income right now it was just a choice of investment for me.

9
With its Belt and Road Initiative (BRI, also known as “One Belt, One Road”), China has become South America’s largest source of infrastructure investment and second-largest trading partner, increasing trade from $18 billion in 2002 to $450 billion in 2022.

Twenty-five of 31 Central and South American countries have negotiated infrastructure investments from China, and 22 of those nations, most recently Honduras, have formally signed onto the BRI program.

Chinese companies, either owned or subsidized by the Chinese Communist Party (CCP), operate mines in Mexico, Argentina, Peru, and Venezuela, electrical grids in Peru and Chile, 5G wireless systems in Costa Rica, Bolivia, Brazil, and Mexico—80 percent of Mexico’s telecommunications equipment is provided by Chinese companies—space launch and satellite tracking facilities in Argentina, and the world’s largest embassy in the Bahamas.

The U.S. State Department estimates China’s trade with Latin American nations and investments in sea, space, telecommunication, critical minerals, and energy will match the United States by 2035 in the region. China’s military ties with Venezuela, Cuba, Peru, and Chile—which now include port visits by Chinese warships and technical advisers—will mature into base agreements within a decade.

China has, or plans to build or improve, 40 ports across 16 Latin American and Caribbean countries without restrictions on military use, including on both ends of the Panama Canal, where CCP-sponsored companies are bidding with Panama to work on the U.S.-built canal.

Next fall, Chinese leader Xi Jinping will be in Peru to commemorate the completion of “a $3.6 billion ‘mega port’ that was financed by China, built by Chinese workers, and it will be owned and operated by a CCP-backed company,” House Armed Services Committee Chair Rep. Mike Rogers (R-Ala.) said.

zerohedge.com

I agree that China presents itself as a "dear brother and helper of the third world countries." Yes, they are allocating huge amounts of money from their shrinking budget... But China is a very cunning, pragmatic and cynical player. There is no need to consider what is happening as altruism and friendly help - this is a cynical calculation whose goal is precisely to create a belt of economically dependent colonies that will save... no, not their own economy, but the Chinese one. First of all, sales markets are critically important to China. They are losing the Western one. Moreover, this is the most highly profitable market. Having lost the sale of 1 conditional product on the Western market, China needs to find territories where it can sell 3 units of this product, because The margin on the Western market and on the third world market is several times different.
The second problem is the so-called investments. I have already given the example of Sri Lanka, where investments in the port became a “slave financial yoke” for the country for many decades, while Sri Lanka did not receive any benefits. The main, no, even the MONOPOLY beneficiary of Chinese investments is China itself, and the country receiving the investments becomes an obedient slave of the Chinese economy.
It is because Chinese government has mastered how to make effective debt trap to discreetly fool third world countries just like what had happened to Sri Lanka because they do have plans and interests that might give them an advantage to their competitors especially militarily.

10
Economics , Sociology & Politics / Re: Gold and Bitcoin
« on: May 08, 2024, 06:22:33 PM »
Gold has always been one of the best assets to have. Many countries have also been holding gold as a reserve. It has always been considered as a reliable asset. There is no match between gold and bitcoin. Because bitcoin is quite new, a lot of people have not heard about it yet. So Bitcoin has a long way to go to be considered a safe asset.
Gold is indeed very good for long-term storage, but do we realize that gold is a very ancient currency? Gold has been around since the time of the pharaohs, even long before the glory of the pharaohs, gold has been used until now gold is still widely used and is still an entity with a price. selling very expensively, the problem is, what is the total supply of gold in the world? Can gold be created again? Why does gold have such a high selling price if it can be regenerated?
Yeah that is why it has huge which is the highest market capitalization in the history as it has been used in jewelries, electronics, currency and more. It's usage and importance I mean demand to humans is what makes it expensive even if it has also huge supply.

11
Economics , Sociology & Politics / Re: Cost of living
« on: May 08, 2024, 06:09:40 PM »
...
How can you help the government better than the tax we paid dully? As a responsible citizen and obedient one, paying our taxes help the governments to raise more money and with more money, they can execute more project for people that are lacking, without these taxes been paid, we will both suffer for it because the government wouldn't be able to do much.

Furthermore, if the citizens are helping the government to put taxes together, I hope they also put it in good use and not spend it unnecessary things or loot it for their own family and encourage corruption activities.

There is one simple and quality option - not only to pay taxes (obligations of a citizen) but also to demand from the authorities to use them reasonably, not to violate the law, and to fulfill obligations to the citizens of the country.
The authorities are not mythical demigods, they are hired managers who are entrusted by the population of the country to do some work for their wages, which we all pay by taxes.

PS Unless, of course, you live in a totalitarian country or a country led by religious fanatics.
Yeah exactly. But unfortunately I am living in a country which for me is home for majority of corrupt politicians the reason why worthy concrete roads will be purposely rebuilt so they are able to get kickback from the project. Even in disaster hit areas, international aids sometimes won't make it to it's beneficiaries because it will be repacked by corrupt organizers designated by corrupt politicians.


Over the past few years inflation has been increasing all over world and with the start of Ukraine war it has even deteriorated. The food prices have been shooting up and it has increased the cost of living and made life especially of the middle class and poor people miserable. In many countries corrupt politicians and elite business community have been using this situation for their own benefits.
I think that is the new normal nowadays. 😅 This is why we need to achieve financial freedom through crypto so that we are not affected by inflation and other manipulation in the society. War for me is another form of manipulation because we all know it is one of the most successful business people aren't aware of.
As you mentioned, war is a form of manipulation, perhaps this makes sense, when a lot of new technology is created and a country has an unlimited amount of wealth, it will have the potential to dominate the battlefield, but do we realize that this is a very selfish nature? What is the fate of those who are victims of war? Are people's lives determined by the greed of a country that likes war?
Sad reality about war is that it is the most profitable business to date created by oligarchs around the world and they don't care about the innocent victims. Wars also caused by greed as you have said and for me that is pretty accurate.

12
I do not think so, it’s like saying we don’t need money, but money sustains life. It will always depend on how you used your money. There are many meaningful things you can used money; e.g., build hospitals, feed the homeless, build schools, fund to teach people, charity works, help technology, supporting the government on enhancing its citizens way of living, and other many things you can do with money that is worthwhile. I have read about “the love of money”, it talks about every behavior of an individual not money itself that is the source of all different types of evil and distress. Money is ethically neutral; I believe there is naught wrong with money or the ownership of wealth. But, once money starts to control a person that is when the trouble began. People being controlled by money will feel superior and takes pride for power which leads to greediness and obsessions of an individual. He or She will enjoy the luxury of life, they will use their money to dictate and control other people for his or her will. Money is a necessity that is why people do fraud, insult, kill, and do bad things to have it. Hence, it is not “the money” but “the love of it” is the root of all evil.

When I hear people say that money is the root of all evil, I look at them like people speaking without knowledge..
In the society today, i will say that 99% of man's problems has only one solution which is money, making money to he able to afford what you want is what every body wants.
Money is not the root of all evil, because money can do good things in the society..
Speaking of those saying money is the root if all evil, have you ever imagined a life without money?? You'll suffer.
Make money legitimately and enjoy all the good things in life .
Have you ever observed who are those people who most of the time say the quote "money is the root of all evil"? Because in my personal observation here in my place when asked about this topic they answers it irresponsibly and unfortunately most of them are in poverty and is uneducated financially.
Root of evil they say because they are on a condition on which they dont have money and on the time that you do see someone having tons then they would be having impressions that those people are really that involved into something illegal without even trying out to realize that someones wealth do come from hardwork but well there might be some who do go into the wrong path but only a few. Not to discriminate those poor people but this kind of reasoning does really that shows about having that jealousy about others or someones financial condition.
Well, we cant really be able to avoid such reality on where inequality is inevitable.
I would say people with poor mindset do say stupid things to others just like how they think about money being the root of all evil, isn't it that funny right? 😅 I am poor guy myself but I am not thinking something like that and yeah you are correct that inequality is inevitable especially in the society. Money for me is just a tool that we can use and that includes how we use them either good or bad.

13
After halving we have not seen any positive things happen in the market but according to predictions the halving does not alter the price faster so as we have experienced 73k$ before halving so without doubt we will see price movement more than 73k$ after halving.
Before halving and ETF approval, I had always said and anticipated that two will derive the market!
  • US ETF
  • Halving bull run

I said, if A refuses to move the market, that B will. And fortunately A already moved the market. We shouldn't expect the effect of B almost immediately.
Does this mean there is a good opportunity for the price of bitcoin in the future? because remembering what you have said that some group A has moved markets.
Well for me yes it does. Bitcoins price on much wider time frame will prove that claim because it is still rallying upwards to this day. I mean very bullish so much better for you to fill your bags before new ATH will come or else it will be another year that you've missed the train just like me as I've missed previous bullruns and I hate to think it would happen again to me in the future.

14
People are really going  for bitcoin than gold because of many reasons whereby they see its more safe and affordable to invest on than gold, when we consider the aspect that gold is being centralized whereas bitcoin is not, you will also need a large amount of money before you invest on gold unlike bitcoin, whereby as little as possible amount of money can be use to start an investment in it.
according to the Poll it is bitcoin that wins because this has been tackled here in crypto forum , but for those who are into physical investment for sure they will disagree in the result .

I am for bitcoin also but not of because being safer as this is also a riskier investment but because of the best return that i cannot find in gold or other investment form.
Yeah it is all the matter of choice either we like to invest in centralized assets or decentralized ones like Bitcoin. But in my own perspective people are now trying to jump into Bitcoin because of some positive events. The only thing with Bitcoin is that it is a high risk high reward investment whereas gold it is more stable physical asset that does not gave opportunities like Bitcoin.

15
Decentralization is probably the best attribute of Bitcoin and it is what makes it the most beautiful currency in the world because no other currency is as decentralized as Bitcoin in the whole world. Bitcoin promotes individuality and financial privacy that a lot of people wanted but never got but now with Bitcoin, a person can have their money stored in a safe place while no one apart from them knows about it nor they can access it.

There are a lot of other factors as well that make Bitcoin attractive, one being it's volatile nature because people know if they buy Bitcoin today and store it, they can get more value for their money in the next few years which has made it so popular these days.
The fact that Bitcoin is the pioneering in the decentralization that is what it makes so beautiful though Bitcoin as a form of payment is a failure to me but it doesn't matter because Bitcoin has became the best investment in the history of cryptocurrency and it was proven and tested by early adopters.

Though privacy coins also existed but yeah it all came in the idea of Bitcoin so it was still credited to Bitcoin in terms of blockchain  technology.

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