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Showing 20 of 10,050 results by libert19
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Topic
Board Economics
Re: The “Want Everything, Pay Nothing” Problem
by
libert19
on 13/07/2025, 19:35:11 UTC
Is it fair to leave this bill to our kids, just so we can have comfort now? I do not have a perfect answer

I never understood why people have kids tbh, it's lifetime of maintenance and subjecting kids to life's randomness (maybe reading Schopenhaur has given me this mindset — but I did find his reasoning logical).
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Topic
Board Bitcoin Discussion
Re: How can people in extremely poor countries custody their Bitcoin?
by
libert19
on 13/07/2025, 17:49:29 UTC
People who are into crypto from poor countries earn in crypto, so they don't care about fees much, cause earning from crypto in first place outweighs this little cons.

Those who earn in fiat there, and transact in crypto, would feel the burn of paying fees, and possibly would be short time participant in crypto ecosystem.
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Topic
Board Gambling discussion
Re: Use simple logic to win in sports betting..
by
libert19
on 13/07/2025, 16:35:16 UTC
Can you explain this in your own words, if you truly believe that simple logic can help you win in sports betting?
Tell me how you analyze games in a simple way and still manage to win consistently, something that most of us struggle with.

They say you need to analyze thoroughly and consider tons of data to make the right decisions… but if we’re just using the word "logic," then all of that might not even be necessary anymore.

What do you think, is that really possible?

I am of the opinion that, your knowledge of the sports you bet on matters most in your success in betting and I don't think this knowledge can be 'learned'; people who are passionate about sports, they simply keep up with sports for love of it, and with that 8t heh are able to predict better.

You can't force yourself to watch sports you have no interest in, expect to make good predictions.
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Topic
Board Bitcoin Discussion
Re: Will transaction fees remain low?
by
libert19
on 13/07/2025, 16:25:55 UTC
I am surprised with BTC fees these days too, I didn't expect BTC fees continue to be under couple dollars when it's worth above $100k and having transactions confirmed under an hour.

I am not sure, if brc20/ordinals were the deffo cause of network congestion, because in 2017/'21 fees were bad as well, and back then brc20/ordinals didn't exist.
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Topic
Board Bitcoin Discussion
Re: The regret of early Investors or the regret you get for procrastinating
by
libert19
on 13/07/2025, 16:17:18 UTC
I mean let's be real, it's different thing to shell out hundred thousands dollars because you are still seeing potential compared to back when it was cheaper,  you could throw away few hundred bucks back then and forget about it, if it worked out, excellent if it didn't, it didn't put dent in your life.

Currently, it's completely different ball game with amount of money involved.
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Topic
Board Meta
Re: Shoutbox? Anyone?
by
libert19
on 13/07/2025, 16:06:31 UTC
...most users here like to remain anonymous and private on certain matters and this wouldn’t encourage that very much.

I don't understand how shoutbox would breach the privacy!? Users here comment/pm, the same way they would be chatting? Plus, fwiw, there was this feature on forum I was on years ago where if you would chat by having, "/private" as prefix and that chat would remain private between the two users chatting.
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Topic
Board Gambling discussion
Re: Am I a bad father for letting my daughter gamble?
by
libert19
on 11/07/2025, 08:25:08 UTC
I started gambling when I was around 10 years old, IIRC. It was because of family influence, and yes I eventually got addicted. Hard to admit, but it’s the truth. over time though, I’ve seen some positive outcomes from my gambling experience. I became wiser, more calculated, and a bigger risk-taker and I was able to apply that mindset in running my own business.

Can you explain things you mention more elaborately? Like how did you become wiser with gambling?

Quote
Now, I’m a father, and my 17-year-old daughter is starting to gamble too playing slots and even doing some sports betting. I don’t know how to feel, part of me feels oddly proud of what she’s doing.

That's pretty close to adult, they can take their own decisions.

Quote
What does that make me?

Nothing to do with you anymore, as I said above, she's an adult. I think you should still advise her though that she should play responsibly; people do stupid shit at this age and get themselves into trouble, some guidance keeps them safe.
Post
Topic
Board Gambling discussion
Re: What are your weakness in gambling and how do you overcome them
by
libert19
on 11/07/2025, 07:48:05 UTC
My weakness was, 'chasing losses' — it's recipe for disaster, you'll likely create more and more losses when chasing losses, it's like a hole that never ends. Overcome? Don't chase losses, whatever happens in a day, call it a day, and next day is fresh start.
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Topic
Board Gambling discussion
Re: Banning gambling, would this solve the problem?
by
libert19
on 11/07/2025, 06:10:53 UTC
Better regulated, bans just get whatever thing is banned under the rug.

"The more corrupt the state, the more numerous the laws" Cornelius Tacitus.

Ban gambling, drugs, sex, religions, freedom... let's ban & tax everything. It has worked great so far all over the world, and it will continue to bring results, peace, happiness, and stability in the world in the future.

When something is swept under the rug, punished, and stigmatized negatively, it will only have negative consequences in the long run.

That's a good quote. I live in one of most corrupted country, here we have plenty things banned, but every single one of them runs under the rug.
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Topic
Board Gambling discussion
Re: Proof that gambling may ruin any career when greed takes over
by
libert19
on 10/07/2025, 17:27:35 UTC
...
There have been a lot of cases already about a person who got greedy in gambling and eventually got broke. So, this right here serves another lesson that we need to control ourselves when we engage into gambling. 

I don't think this is about gambling, it's only about greed as rigging game is only about getting huge payments, and yes I agree such greed can destroy careers, I have seen that happening in cricket.
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Topic
Board Gambling discussion
Re: gambling in prison
by
libert19
on 10/07/2025, 08:29:51 UTC
I haven't been to prison but lately I have got this ability (I don't think, it's right word though) where I am able to understand why people do what they do so yeah, I can deffo understand people gambling in prison, I mean with boredom they probably have there, they have to find some activity.

Even at home when we have rain and outside activities are stagnant, we friends gather and play cards.

...

but gambling, even tho is prohibited, is often what entertains most prisoners.

Gambling with nothing at stake shouldn't be prohibited, is it?
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Topic
Board Gambling discussion
Re: If you had infinite money, would you still gamble?
by
libert19
on 10/07/2025, 08:14:16 UTC
Since I am not gambling to double my funds, even if I have such money, I will continue gambling because I am using it to entertain myself. Gambling is like a hobby to some people and they don't care if they are rich or not. As long as you are gambling responsible, it's fine.
I think you missed the point. If you have infinite money, you wouldn't be feeling anything, so no entertainment.
I think you missed the point too, because you cannot stay idle and not entertain yourself when you have the money to do so. Are you trying to say that wealthy people don't go to the beach, travel on vacation and have fun. It's when I am very rich that I will enjoy myself the more because whatever amount of money that I spend wouldn't affect my wealth. As long as you are alive, having fun is very important for a healthy lifestyle.

Are you saying that even with infinite money, you'll be able to entertain yourself with gambling?

If I had an infinite amount of money, I would most likely stop getting strong emotions from gambling. I wouldn't care about the outcome, whether it was a win or a loss. That is, gambling would cease to be interesting. Such a rare event as winning would lose its significance.
Well, then why would you keep playing if it wouldn't bring any emotions? After all, gambling is not a form of earning money; it is more of an emotional experience, but it is strongly associated with an economic incentive in the form of winning or losing ("reward" or "punishment").

You get it sir.
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Topic
Board Gambling discussion
Re: If you had infinite money, would you still gamble?
by
libert19
on 09/07/2025, 17:45:12 UTC
Since I am not gambling to double my funds, even if I have such money, I will continue gambling because I am using it to entertain myself. Gambling is like a hobby to some people and they don't care if they are rich or not. As long as you are gambling responsible, it's fine.

I think you missed the point. If you have infinite money, you wouldn't be feeling anything, so no entertainment.

If the situation were the same, I'd probably still gamble. The truth is, we gamble to win money, but with the length of time I've been gambling, I'm not sure I could just stop betting even if I had a substantial amount of money. It's also possible that some gamblers with large capital aren't just chasing wins and multiplying their money. There's a thrill they naturally seek from gambling.

I think you missed the point too, with infinite money, what fun you can have since that thrill of putting money on the line is no longer there?

Definitely, I will use martingale strategy because I know, in the end I will win!

Then we'll finally know how long can losing streaks can go  Grin

Honestly i will not gamble not even for fun, at that point i have the means to afford any type of fun so i will rather go for other type of fun rather than gambling, i will not gamble for any reason because actually i don't gamble for fun only i also have expectations when i gamble so it isn't completely for fun alone and that is why if i have the infinite funds, i will completely quit gambling for the rest of my life.

This is good response. With infinite money, there would be better places to have fun than gambling.

A gambler will always gamble for the thrill and the challenge, and for the show off. I have read that multi-millionaires and billionaires in our country still frequent casinos, showing off to others how they can easily burn through money.
Millionaires love to brag about their wealth; they enjoy showing others that money is not an issue, so even if they have infinite wealth, they will still gamble to prove it.

That makes sense. For vanity purposes one may continue to gamble — Look, losses doesn't affect me cause I have got infinite money!

...

Thanks for explanation in second para, because I was shouting as I was reading first para — investments, tax saving for what?

There is no such thing as infinite money. I think what you really mean is a couple of mils.

Nah, I really meant infinite money, imaginary scenario.
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Topic
Board Gambling discussion
Merits 1 from 1 user
If you had infinite money, would you still gamble?
by
libert19
on 09/07/2025, 14:48:50 UTC
⭐ Merited by TheUltraElite (1)
Gambling includes plethora of games, various sports to bet on but doesn't it all boil down to money in the end? More the money involved, more the thrill.

Suppose, as title says — you had infinite amount of money, would you still gamble?

Personally, I can't see myself giving two fucks when I don't care for money in first place. Would you?
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Topic
Board Gambling discussion
Re: gambling in strict countries
by
libert19
on 09/07/2025, 14:25:35 UTC
I have seen several bans in my country, but people always found a way to get 'banned things' one way or another, so yeah it's true everyone eventually finds a way, bans only make things go underground.

BTW, article linked in op is behind paywall, 12ft don't work, don't really care that much but if you know workaround, quote me.
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Topic
Board Gambling discussion
Re: Cockfighting led to a horrible case
by
libert19
on 08/07/2025, 07:23:29 UTC
Several gamblers were abducted and have been missing since. It has been only revealed that those missing gamblers were really killed after they were caught cheating in cockfighting.
All this happens and people doubt the fact that most gamblers could lose their minds and get indulge in sinister activities as a result of that? Someone cheats in a cockfight (which, I don't even know how that's possible) then your next line of action is to abduct and take their lives? Unbelievable!

Some people really hate to be wronged (even if that could be mere assumption and not a fact) and will go to any way to take that revenge.

Issuing a bounty on a whistleblower of a gambling business is surprising. If corrupt people can get away with this, can the public still trust them for something as simple as extending their driver's license, for example?

Where corruption rules, money is the king. I live in third world, you can get driving license itself without knowing how to drive, or knowing driving rules.
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Topic
Board Economics
Re: Content creation
by
libert19
on 08/07/2025, 06:23:07 UTC
But do you think, as lucrative the industry is, will it survive? Will it continue to be a good source of income? If you are struggling financially, have you ever considered content creation?

As long as there is demand, there will be produce. So, content creation will continue to thrive as long as there is demand for consumption and I don't see this demand stopping, rather it continues to increase with easy access to Internet.

I have tried content creation, I actually started my crypto journey with content creation by creating content on Steemit, also I tried YT thing as well — I was really happy when I got 2 subs there, I also have this weird satisfaction when I read/watch my own content.

No wonder why art work with your own hand is weighted in Gold.

I like this comment, I'll give you merit when I have one.
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Topic
Board Economics
Re: Is a University Degree Still Worth Anything?
by
libert19
on 08/07/2025, 06:05:38 UTC
Is university still worth it today? Are “extra skills” and certificates just another money-making trick? Has anyone here found success without a degree, or by learning something new outside of school? Is this the start of a new way of working, or just a big mess?

I wouldn't know because I don't have degree, I dropped out.

I don't know if I attained 'sucess' but let's just say, things worked out just fine largely due crypto, without crypto I might have tried my luck on blogging and YT. I find that I have learned more from Internet than anything with education, even though I don't have certificate to show for it.

Today, I don't care about degree at all, and don't have regrets about not completing it. I see people with degrees, doing their jobs — some with good pay, some with not so good pay, but I am just glad to be not part of it.
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Topic
Board Gambling discussion
Re: Test Cricket Prediction and Discussion Thread [self - mod]
by
libert19
on 08/07/2025, 05:41:58 UTC
Lol, Mulder, he had chance to have his name etched into history books but he did stupid. Such 'generous' acts never helped anyone, I have watched some Virat's videos, where he willingly competed to make his hundred, that's how he got more hundreds — it's record that counts at the end of day, and this retarded act will be forgotten soon enough.
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Topic
Board Economics
Observation on life needs
by
libert19
on 07/07/2025, 11:43:18 UTC
I have observed that if you increase your needs, the new 'increased need state' becomes your new norm after a while. For example, if you didn't have car before but then you purchase it, use it regularly and then when you don't have it anymore — you'll miss your car, you'll feel like you can't live without it even though you managed to live without it before.

Do you agree with this observation? Would you agree that it's better to not increase your needs in first place?