Search content
Sort by

Showing 20 of 16,976 results by South Park
Post
Topic
Board Economics
Re: Is more money and less time okay for you?
by
South Park
on 16/01/2025, 21:00:29 UTC
What will you prefer in this economy to maintain a balance.

To be always busy working, be paid well for needs and wants, but no time for family and other things. Or not always busy, moderately paid enough for needs alone and enough time for family and other activities?
I will pick the latter, without a doubt money is important and you need to earn enough to lead a happy life, however putting money first is a mistake, as if you take the time to think about it, your most precious memories will be filled with the time you spent with your family and your friends doing mundane things, meaning that having a large amount of money and buying stuff you may want is seriously overestimated.
Post
Topic
Board Trading Discussion
Re: Do you follow your mentor guidelines or do you follow your lust?
by
South Park
on 16/01/2025, 15:34:09 UTC
Not all mentors to be that worth or ideal on which some of them are just basically teaching you into the things that could be searched up online.
all information can indeed be obtained online. but that alone for some novice traders will not make them brave enough to start trading. some dare to try to experiment on their own, but some need direction from others to get started. mentors can help in planning trades and also evaluating after the trade is completed. so we will have input for our next trade. some traders develop quite slowly when they trade with their own learning. but for some others still feel comfortable with the process.
Those people are at a severe disadvantage compared to the rest of the traders that can learn on their own, after all, you will see that most of the traders you can see out there learned to trade alone since there was no one that was willing to teach them, so by having to find a mentor, those people are not only using money they could use to trade, they are also wasting a lot of time, since finding a good mentor is very hard, as the majority of them are not profitable traders.
Post
Topic
Board Bitcoin Discussion
Re: China vs US with different stance on bitcoin
by
South Park
on 16/01/2025, 14:35:55 UTC
Aren’t these countries already considered the closest rivals in terms of economy? Under Trump’s presidency, his policies on Bitcoin were generally positive, while China has maintained its stance on banning it. So what do you think? will the US’s adoption of Bitcoin help boost its economy and give it an edge over China, or could it have the opposite effect?

This is an interesting topic IMO, especially since Bitcoin is becoming increasingly influential. Some nations are even considering it as a strategic reserve. So, this type of discussion is very engaging for Bitcoin enthusiasts, as it combines politics, economics, and the growing role of cryptocurrencies on the global market.
The postures of both countries do not surprise me, the government of China is bent on controlling their citizens as much as possible, and while something similar could be said about the US, China is way more open about it, and since bitcoin is nothing more but a form of money, it will be way harder for any US politician in office to make a case for its ban as so many people have already invested in it, and this could seriously affect the finances of millions, which should be enough to change to political landscape and give an easy advantage to the politicians that support it.
Post
Topic
Board Gambling discussion
Re: Anyone here brave enough to borrow money for gambling to fulfill their dreams?
by
South Park
on 16/01/2025, 13:58:55 UTC
Those who borrow are more in debt, which is why it is better to gamble with own money rather than borrow. Many people gamble by borrowing money, especially because of addiction, and such gamblers do this more often. But for those who are not addicted and are in a position to repay the money, borrowing will not be a bad thing. It is best to gamble with your own money. If a gambler can gamble without any kind of mental pressure, he will win comparatively more. On the other hand, if he does not repay the loan, then he will lag behind in taking the right decision in gambling due to stress. Generally, borrowing money is easy for those who have the courage and ability to repay that money.
Borrowing money to gamble is simply unacceptable, and this is because gambling is not a source of profits but of entertainment, so there is no justification at all to borrow any sum no matter how small it could be, since once you take that step then you will be tempted to do it again and again, which could lead you to a massive debt you may be unable to pay, and all of this over an activity that is not really necessary on our lives.
Post
Topic
Board Gambling discussion
Re: Would you consider using VPN as your last option just to gamble?
by
South Park
on 16/01/2025, 13:26:29 UTC
I agree with you because using VPN while we are not allow to use that will only gives a problem in the future. The casino can easily knows about that and they can block our account or even ban us from their casino without notice. That will be our mistake if we still insist to use VPN because of the restriction. We can search for the other casinos that allow us to playing gambling so we don't have to take that risk.
Most casinos will allow you to keep gambling with them as long as you lose money, but if you were to get lucky and won a substantial amount, you can be sure your account will be closed on the grounds that you have broken their TOS, and you will not be able to do anything about it as it is true, so if a person thinks they need to use a VPN to gamble at a casino in which this practice is forbidden, they need to reconsider as the consequences can be grave.
Post
Topic
Board Trading Discussion
Re: Trading 2025. Health is wealth.
by
South Park
on 04/01/2025, 22:48:39 UTC
I hope all traders on this forum a good 2025. I advice all traders to pay attention to their trading activities. Trading can be time demanding because if you win, your brain will tell you to continue to trade and you will open new position and watching the market. Also if you are losing, you will keep on watching the market even in the night when you suppose to be sleeping. I have been trading for some years now and I know how it is if there should not deceives ourselves. My advice for all traders this year is to make sure that you do not let trading affect your sleeping time. Also make sure you have time for yourself and not trade everytime.

Has trading not affected you before in a way that you did not sleep because of trading?
Very few people realize how demanding trading can be, it is because of this that traders should set a schedule and respect it, because if they do not, most likely they will trade for long periods of time that could over the long term jeopardize their health, and it makes no sense to exchange your health for money, since there is no way to restore your health to the way it was regardless of the amount of money that you could make as a trader.
Post
Topic
Board Economics
Re: Holding money in bank you hold nothing
by
South Park
on 04/01/2025, 21:56:19 UTC
You hold nothing If this money not backed by something real or atleast with cash.
The BONDS treasuries not something for sure but they are more like coupons wich show's how good situation the goverment and other people are to keep value of money.
I told my own bank show me stablecoins, cash,or cryptocurrency or gold equlaint with money i have otherwise i own only numbers wich doesn't mean anything just the numbers on screen.

It's mature way to look finances i don't want to my wealth backed by bonds coupons it's speculative and we never know If they keep holding any value at all.


I stay my point: something i can hold in my hand or private wallet that's real wealth and the wealth i can count on.


The reality is that the money you supposedly have at your local bank are just numbers and nothing else, since your bank could always refuse to give that money that belongs to you using any legal excuse, something I have seen happening before to other people, so I only keep the minimal amount there to pay for my bills and everything else is withdrawn as soon as it arrives and I keep it in the form of cash or I invest it in this market.
Post
Topic
Board Gambling discussion
Re: Betting or gambling popularity.
by
South Park
on 04/01/2025, 21:16:06 UTC
Gambling is unique in different locations, by your assumptions, what do you think people around you gamble on the most in a casino?
Do you think table games like Baccarat, Blackjack, Roulette, Poker, pool? or Gaming machines like slots, random number games, or sports?
When a new casino is about to decide the games to have on their platform do they consider the popular games in the specific regions where they intend to make their gambling services available, or selections are usually based on popularity of games generally?





It is based on both, if a particular game is popular in a region, then it is obvious they need to implement that game or they will lose a lot of customers because of it, but they also need to bring the most popular games or the same will happen, this is why you can find hundreds of different slot machines in a single casino, as they are by a wide margin the most popular gambling game online and offline that exist.
Post
Topic
Board Gambling discussion
Re: Stop confusing casino games with sports betting!
by
South Park
on 04/01/2025, 20:41:09 UTC
In fact, there can be no smart strategies in casino games that are completely based on luck. However, even there, strategies are possible. For example, the Martingale strategy. In general, this strategy is unprofitable, since you are playing a game with a negative mathematical expectation, if we are talking about games like roulette or dice, but sometimes luck can be on your side.
First of all, this whole quote is so confusing... I don't know if it's just me but I wasn't able to decipher -- even if I should have been able to, the whole sentence feels contradictory.. First of all, you're trying to prove that there's a strategy to play on casino games, but then, the strategies are unprofitable right? Well then that's as good as not having any..

Speaking on the martingale strategy, Paul proposed how insane it may look to wager double of the previous loss, but how it can possibly cover up the expense on just a single win. Whatever it is, this strategy isn't for a regular gambler as you'll need to have a better stake.
Any strategy that doesn't work as planned for atleast 35% of 100 tries is more of a "chance" then what y'all think it is.
I think that what he means is that even if a strategy can be devised, it does not mean that it is going to work, after all deciding to use martingale to try to beat the casinos is a strategy, it is just that it is not a good one and you will lose it all given enough time, also the reality is that some casino games can be beaten, but in order to do this you need to play live, an example of this is blackjack, since card counting can give an edge to the player, but unfortunately card counting does not work if you are gambling online.
Post
Topic
Board Economics
Re: Where is money ? Not in crypto anymore
by
South Park
on 04/01/2025, 20:18:36 UTC
Have you seen someone wake up with millions without working for it? even the get rich quick schemes that I know you still have to put effort to make them work out but if you think can just jump into an ecosystem and blow up then you need a therapy.


Yeah everything starts once at a time, you can't really force things as this to happen but you tend to give in a little patience cause we know how money is hard to get but it pays to be consistent in what one does. Everything needs time and efforts, dedication and the rest of them, so if you feel too comfortable at your comfort zone, leave there and make use of the time you have in achieving a goal.

The money is in production! And to build one quality service all that you said, Oluwa-btc, is relevant. The stock and cryptocurrency market requires money to build profits or hard work to trade and generate income. However, not everyone on the web can offer a service that's why they always look out for easy going ways to earn money. Not realizing that the internet isn't a simple place to gather money. Unless a lot of work is being invested and consistent awareness which also needs funds to maintain.
The OP simply does not want to realize the market has changed, it is true that an investment of a few dollars on the early days could have produced millions, but that was true when the market was unknown to most people and its potential was still untapped, now that tens of people have invested in bitcoin, it is way harder to accumulate those kind of profits and you need a great deal of money to start your journey if you want to generate a decent amount of income with it.
Post
Topic
Board Economics
Re: High taxes killing economy it's problem
by
South Park
on 02/01/2025, 23:51:42 UTC
The political leaders talking like they want to improve economy but everything they do is taking down people can see that they want to add more taxes well it's a high pressiure on people.
Off course goverment knows exacly that higher taxes killing but keep going, perhaps we have reached to the point when something got be sacraficed in this case small company owners or self employers will take the hardest hit but some how some ways big corporations just keep earning and still pay little or no taxes.
It seems like they really want to kill economy perhaps it's time to let air out and pop the bubble to restart everything again from the down point seems like that's what the goverments are doing now.
Governments are bureaucratic by nature, as once a politician gets there, not only they want to remain in power but they want to bring their families, friends and allies on board, but this creates a government that is too big and inefficient, and the only way to maintain it is to increase taxes, however a point is reached in which the taxes are so high that people need to pick between paying their taxes or maintaining their standard of living, and that is when you begin to see people avoiding paying their taxes.
Post
Topic
Board Speculation (Altcoins)
Re: (10:1 Buy-to-Sell) What If We Could Only Sell Daily 10% of the Altcoin We Bought
by
South Park
on 02/01/2025, 23:06:21 UTC
The project was founded from the core as an enemy of whales.
If this is your main objective then you'll get no easy investors to take because most of the investors now are looking for a chance of easy take and that will happen if whales are around.

They use to go with the flow  and following the whales actions towards the affect in each investment , if they find no easy target then why need to have interest in such project?

sorry but that is what I find in this case though yeah this can be wrong but lets see what is your faith towards investors .
It is even worse than that, bitcoin was created with the intent of giving back people the control of money, if an altcoin sets an artificial limit about the amount of coins you can sell or move in one go during a 24 hour period, then the developers behind that coin are even more tyrannical than what we see with banks and governments, without providing any of the benefits they can provide, giving to that coin the worst characteristics of both worlds.
Post
Topic
Board Bitcoin Discussion
Re: What will Bitcoin price plunge to in bear season?
by
South Park
on 02/01/2025, 22:45:40 UTC
I am seeing so much optimism among Bitcoinist on this forum and we are all hoping to make profit before the bull market comes to an end. After which, we will be looking to gather into bans (our portfolio) again, so my question is, what are you speculations about the lowest price of Bitcoin during the bull season. Share your opinion so that we will not start DCAing at the Top and feeling bad at the bottom. At what price should we start DCAing in expectation for the next halving bull Run?
You are confused about DCA, when using DCA you buy your assets of choice regardless of the price and the direction the market is going, then for someone like that, it is irrelevant where the top or the bottom is or even when this may happen, now this may seem irrelevant as at the end you can do whatever you want, but if you are mistaken about such simple concepts, then it is more likely for you to make mistakes and lose your money this way.
Post
Topic
Board Gambling discussion
Re: Messi destroyed Barcelona to dust
by
South Park
on 02/01/2025, 21:53:50 UTC


Many accused Neymar of being greedy, many accused Mbappe of being greedy (quite rightly), but it looks like we have a champion: Messi.
What do you think of these numbers? This is absolutely Saudi Arabian level of payments and no adequate European club with non-corrupt management would ever sign such a contract.
Against the backdrop of these payments, Messi's tales of loyalty to the club look like a joke. He actually destroyed Barcelona, ​​which fell into a financial crisis (by the way, they still pay him) and currently lost Olmo due to financial problems.


Those numbers are high, but how much money did Barcelona made during all the years in which Messi was playing for them? It is obvious that if they accepted to give that kind of contract to Messi, it was because they still found incredible profits doing so, and if that was not the case, then they are at fault for putting themselves in such a disadvantageous position, since it is not like Messi forced them to sign that contract and the directives could have sold him for a fortune back in the day.
Post
Topic
Board Gambling discussion
Re: Money laundering in crypto casino
by
South Park
on 02/01/2025, 21:10:05 UTC
What I don't understand about the anti money laundering policies of these crypto casinos is that they say if you deposit BTC you have to gamble it before withdrawing, which is a policy I understand having, but how does that stop money laundering?  Every casino has low risk games you can play without losing a lot of money.  I guess if you have a ton of money it might be an issue spending so much time gambling it all, but for most people I don't see how this deters money laundering.  As long as it works and makes regulators happy I guess...
There is no policy that can completely stop illegality from taking place; it can only reduce it. That policy is to reduce how fast they can use the platform to just deposit and withdraw funds. In other words, they also want to reduce the chances they can use to get all that they deposited because before they can reach all the deposit requirements, some of that money will be lost to the casino. Some people might even end up burning out all the deposit, while some will always find a way to even add something to that amount and get it out of that place.
And if you add on top of it, that you need to verify your identity before making any withdrawal then we can say that casinos are doing everything that they can to stop money laundering, now it is true that criminals will find a way around it, but as you state criminals will always find a way to get around those policies, what matters is that casinos are doing everything that is on their hands to curb the issue, and as such, I doubt that casinos will ever be persecuted in the same way that mixers are.
Post
Topic
Board Gambling discussion
Re: 🏈🏈 The American Football Discussion Thread 🏈🏈
by
South Park
on 31/12/2024, 23:41:31 UTC
Thanks ^^

GG everyone, it's been a pleasure beating/playing with you all.   Grin Kiss   Back-to-back titles feel surreal.

snip
Well, you are treating us as your personal bitcoin ATM from which you can withdraw once every year, then it is fair to say you are not really playing with us, but instead you are just toying and beating us as you please. Roll Eyes

But seriously, congrats on the win and congrats to wheelz and ChiBitCTy as well.
Post
Topic
Board Bitcoin Discussion
Re: Best arguments to make your friends understand that altcoins are not good
by
South Park
on 28/12/2024, 23:04:35 UTC
Tell them bitcoin gives privacy, and allows them to be in custody of their funds without a third-party. No one have control over their bitcoin as long as they keep it in their noncustodial wallet. If they are still not convinced, leave them alone because the are skeptical people and you wouldn't be able to convince them. Let them invest in altcoins and you invest in bitcoin, in the long run they will see the difference for themselves. Experience is the best teacher.
Experience is indeed the best teacher. Some people like to learn the hard way by themselves; personally, in some arguments with the kind of fact that most people present to distinguish while some altcoins are better than bitcoin, it is not even plausible.
 
In such a case, I just see that those people don't even know what they want to go into or what they are doing. The best I can do is ignore them because it will be a waste of time to drag myself into such a conversation, as it might make me look stupid at the end of the day.
We cannot save people from themselves, if after we give them our warning they still decide to invest in altcoins then that is on them, when they eventually lose their money they will understand that we were right about it and change their ways, this is the only option that works with those people, as they will never believe those kind of losses can happen to them until they see the balance on their wallet gets to zero.
Post
Topic
Board Economics
Re: Invest today for the raining days tomorrow
by
South Park
on 28/12/2024, 22:32:14 UTC
Indeed, investment is an important thing, it's just that not everyone can do it because not everyone has the same mindset and interest in growing or developing their finances. Now everyone has to work while in my opinion not everyone has to invest because the fate and financial conditions and the economy of each person are different, that's the reality, maybe for people who want to invest they have to take the time first to learn all aspects of investment because it's not just about investing.
I myself have not thought about investing but I am thinking about building a business where I have to be the boss and manage everything, and maybe with you yourself you prefer to invest rather than opening your own business.
Investing is not for everyone, but it is the best way to build your wealth with the minimum amount of effort, as creating a business is not only time consuming, it also consumes all your capital and energy as well to the point you will not have energy for anything else, while investing can be done from your home and you spend only a few minutes of your time, so without a doubt it is way more convenient as a money maker than owning your own business or working for others.
Post
Topic
Board Speculation (Altcoins)
Re: AI meme coins the future?
by
South Park
on 28/12/2024, 21:51:20 UTC
Sorry for bumping this thread, but yeah, what a load of bs

What even is "AI memecoins", zero utility, zero actual AI. Just nothing. Feel bad for people actually buying into this.
yeah AI is a buzzword now, absolutely means nothing on the meme trenches, those so called AI meme coin are just using AI as its meme name, call it a day, and be considered AI by the meme hunters or just chatGPT wrapper and people call it AI agent.

I also don't understand the hype around these memes but I guess money still flow regardless, and also the meme promoted by OP has absolutely zero value as well.
There is nothing to understand, meme coins are exactly that and the developers behind those coins will use any means necessary to try to bring attention to their coins, and since AI has been all the rage then they are using it to try to bring more people to invest in their coins, however this is very misleading and I would never trust a bunch of developers willing to go that far to make their project a success, as if they are willing to do that, then I do not see why they could not try to rug pull their investors at some point in the future.
Post
Topic
Board Gambling discussion
Re: Research before betting.
by
South Park
on 28/12/2024, 19:54:26 UTC
When it comes to sport betting doing a good research is very important, those that always study a game very well and conduct a good research about the game and the players always end up winning more than those that don't conduct research, a friend of mine said he usually do not conduct research before playing a game because it never works for him, conducting a research don't mean you will always win the game you predicted but you have a higher chance of winning when you research.
Doing research will help you analyze historical data reveals pattern that can guide your predictions, there are history that will help you make good prediction, Research helps you rely on facts rather than emotions.

Betting without research means you are gambling blindly.

Doing a good research can increase the odds of winning, but it seems your friend thinks that it should guarantee a win, something that is impossible as anything can happen during a match and an underdog can always obtain a win through a weird series of circumstances happening during that specific match, and if he does not understands this then I do not understand why he makes sport bets, as analyzing the matches is almost the whole point and the most enjoyable aspect of sport bets.