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Showing 20 of 8,385 results by o48o
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Board Gambling discussion
Re: The Role of AI in Gambling
by
o48o
on 01/09/2025, 17:21:38 UTC
Artificial intelligence has already had a huge impact on many areas of life, for example: I am talking to a programmer friend. He said that they now constantly use artificial intelligence to write code.
I also notice the influence of artificial intelligence in betting, and because many of my friends who previously relied solely on their experience of sports outcomes and events have now begun to compare their thoughts with the thoughts of AI.

See? This means AI will eventually replace developers/programmers, and even software engineers. It might replace casino staff as well. All in an effort to help reduce costs and increase efficiency. Since AI is regulated, it will only do what it's permitted to do. So if it's integrated in gambling sites, it will only serve as a companion for gamblers and the house itself. Not a "tool" to help anyone cheat and game the system.

We're already seeing some gambling sites with an AI-powered chatbot, so the future is already here. For complete automation, decentralization, and provably-fairness, using a combination of AI and smart contracts would be best. Just my two sats.
I have changed my view on this a little bit. I know that coders have been using AI for a while now. Even before public chatGPT. But that doesn't mean AI is replacing those coders. It can replace some of the coders if they are doing more menial and repetitive code, but it can't handle bigger concepts, or understand specific nuances of something specific. It's using only stuff it has feed to, and sometimes it can't even make sense of that.

When you trust AI to code bigger concepts, you are going to have bugs, and there's no way that a company or their third party code provider can just forward their responsibility to faulty AI. So they won't give too much responsibility to it. And there's least one study that says that exponential growth of AI capabilities has already stopped, and limits of it are near.
Post
Topic
Board Gambling discussion
Re: Do casinos release big wins instantly?
by
o48o
on 01/09/2025, 17:09:46 UTC
I would say up until now, only few casinos can do it instantly without a doubt. As long as there are no problems with your KYC docs and you haven't violated any of their terms. But if some casinos will take a pause, for me, it is understandable as we are talking big amount of money. And it can really have impact on their vault especially for small casinos.
Depending on the size of the win, they might have legal obligations to confirm that winners are who they say they are. Even with KYC done once.
When it's a huge money, you don't want to compromise your company by doing some accidental AML violation, when it costs you nothing but time to double check everything.

I would be very surprised if i had $1M instantly sent to wallet of my choosing, when even i myself would need few days just to prepare, that am doing everything correctly and not accidentally sending it to wrong address.
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Topic
Board Gambling
Re: ✨ Shuffle.com | The next generation of crypto casinos | Sports, Casino + token
by
o48o
on 01/09/2025, 16:59:00 UTC
I am pretty surprised that people aren't more excited that $shfl has done new ATH for this year, and while this peak isn't probably sustaining itself, price is slowly moving higher.

While i am not a big believer of TA, i do feel that bottom has been found at some point it will go over $0.6 and after that i don't even know where.

And unless at some point $shfl team decides to dilute it by raising max supply, i am thinking this could be a good investment. Why i am even thinking of that is because i am skeptical of their commitment for this token's fundamentals and tokenomics after they changed the buyback system.
Post
Topic
Board Gambling discussion
Re: Gambling as a form of Mental Sports
by
o48o
on 01/09/2025, 16:51:12 UTC
The concept of gambling as a form of mental sports refers to the deployment of mental strength in some skill-based games and without physical display of strength or fitness.

Games like Chess, Blackjack, poker and even Sports betting fits in this criterion since professionals employ some good strategies, calculations and even critical analysis before taking the decision on your next line of action. These mental involvements stretch your mind and success in them is a product of strategy, constant practice, psychology and accurate decision under pressure.

There are yet other similarities between these mind sports and physical sports activities like
  • Tournaments: Poker tournaments like WSOP features professional poker gamblers who assemble to compete against themselves and take away a big reward
  • Rankings Most professional gamblers are ranked in terms of earnings, recognition and achievements
  • Viewership Poker tournaments have some great viewership when televised and this shows it's value and entertainment prospects. Locally when professionals play Chess or drafts, they always assemble a little to semi-big audiences showing it has spectators
  • Mental discipline: Such as analytical thinking, emotional control, decision made under pressure and even training programs since professional gamblers spend time to refine their skills by constant practices and experience just as athletes
Ok, maybe i don't get what you are talking about, because that doesn't really sound like mental strength to me.

Wouldn't that term "mental sports" be better suited to apply to any job where you need actual mental strength?

I mean with gambling, it's only your money you are dealing with, and it's easy to adjust the level of your skin in the game. So there's not much real consequences, other then losing the money, that you were ready to lose anyway. Otherwise you wouldn't have bet it.

And in comparison, consider jobs where you are responsible of life and death and moments of hesitations or a miscalculation can cost lives. Those require actual mental strength, because you are not playing. It's real life.
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Topic
Board Politics & Society
Re: Should I fly the flag of St George?
by
o48o
on 01/09/2025, 16:19:15 UTC
I can't believe that I'm having to ask this question in an international forum. I'm English. I was born in England of English parents who were also born in England. I'm proud of this, and of my heritage and the achievements of my country. I'm not proud to be thought of as British. Recently there has been an upsurge in the flying of the cross of St George, and the treasonous UK government has vilified this. I've been given such a flag, and I'm displaying it in my van as a protest against its banning. It annoys me that the Welsh, Scots, and Irish are allowed to be proud of their heritage ( which they should be ), but we English are called racists if we declare that we are English. I believe that everyone should be proud of their heritage, and when you  lose that, you lose a major part of your identity and personality.

What do you guys think? Am I a racist for flying the flag of my country?
And why do you need approval from us again? Personally i never understood about being proud of land you were born into, because i don't need to. I was born into very privileged society, where i don't need to defend everything i am. But i do realize that some people need to try to fix their identity so that shame wouldn't be a primal main feeling. But i don't think that even comes from being born in somewhere.

I don't have that experience, so it's really hard for me to get that some people have their identities connected to a country, and that they feel they have crisis over it. I think i would need to feel like an underdog to get there.

I don't except that people would clap their hands and say "well done being born there". Because that didn't require any effort from me. Hell i didn't even consent to it.

I am proud of my achievements and things i have worked hard on, especially when i am expressing myself and my inner feelings with that, because that's me. I have done literally nothing to do with the fact i was born in somewhere.
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Topic
Board Gambling discussion
Re: Is Bitcoin Gambling a big opportunity or a big trap?
by
o48o
on 01/09/2025, 16:01:03 UTC
For many gamblers, until you leave, you will remain a gambler and will eventually turn to an addict if you don't put a wage and limits to yourself. I think what have made gambling so interesting to people is the money attached to it. Because it has monetary value, gambling has become more lucrative and the patronage have boosted massively due to the financial aspect that comes with it. I know and agree that gambling is fun, but guys, do you think it is the only fun part that have brought about the big name and attention gambling has gathered? I don't think so. The majority of the people gambling are engaged in it because of its financial benefits.
I would say that they engaged it because of financial opportunities, rather then benefits, because it's not beneficial for everyone.

Also, even if it would be about financial benefits, i am not sure how gambling with bitcoin would be more about financial benefits then gambling with fiat money. In hindsight, majority of us were probably better off just hodling it. At least i, and everyone i know would have, because change of combining winning and holding would have been highly unlikely.
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Topic
Board Gambling discussion
Re: Does refusal to play (deprivation) help cure gambling addiction?
by
o48o
on 01/09/2025, 15:53:15 UTC
I used to watch a lot of video interviews with addicted gamblers. They told me how they went through treatment and one thing struck me. More precisely, this thing is quite natural in relation to addiction treatment, as I understood later, but I did not immediately understand the logic. We are talking about weaning from gaming. I thought that weaning from gaming would most likely only work in very advanced cases, when the player is at the bottom of a financial crisis or on the verge of suicide. Then weaning from gaming would most likely work well. But if this is not the case, then what is the benefit of weaning from gaming? Perhaps the logic is to create positive habits in a person. But, in my opinion, this does not allow us to identify the main reason for gaming and work on it. In my opinion, the real reason is that a person has a naive desire to get rich on gambling (, but he does not have even the slightest competence for this and it is more than likely that they will not appear. This is if we are talking about sports betting. If a person wants to get rich on casino games, such as roulette, and does not want to know anything about risk management and money management, then weaning from games is really necessary. And what do you think, does refusal to play (deprivation) contribute to recovery from addiction or is it useless?
Imho not every approach needs to be about "bigger root reasons" to explain your behavior. Even if psychotherapy-like treatment would work for you, it doesn't mean it's a best road for everyone.

There are other fields in psychology like occupational therapy that can help with concrete issues to help you get back your feet again. Creating positive habits can work as creating a new healthy baseline where you can start to fix your life.
 
You don't need always to reconstruct your psyche just to get rid of some bad habit and there's nothing wrong with some level of deprivation if you are doing it right. Because with addiction, it's literally doing something you are addicted to makes you lose control, because your addictive side takes over so why wouldn't you avoid it?

Deprivation doesn't work for everything, but it works with substances, or actions you take. It wouldn't work with something like intrusive thoughts, if you tried to not to think about something, because that's not how brain works. But you can find other things to fill your days and get meaningful life without something.

Some things are basic needs that everyone needs, but sometimes those needs are just filled with replacements, because wiring of your brain allows to use those replacements and re-route that wiring trough them, so you don't even know what you needed in the first place. Imho this is one of the deeper issues in addictions although it's not consensus in psychology.
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Topic
Board Gambling discussion
Re: Excitement in gambling and How to Control Yourself ?
by
o48o
on 01/09/2025, 15:34:03 UTC
You need that self-discipline to make sure that you will practice whatever you setup before playing, else, you will messed around.
Once excitement is already there, to me, it gives me the thrill and wanting to gamble more. I'm losing my self discipline with that but it knocks me out whenever I start to have a losing streak. It's good on my end that it wakes up whenever I feel that way. Because setting up yourself before you gamble is needed that you'll have your own book and rule to follow. Easy to say sometimes that we can control ourselves but, once you're already on that momentum, I doubt that you'll have that control anymore.
But that's what self discipline is. You need it only when it's harder to keep your cool and make constructive decisions. It's not being used when things are going ok.

I would go as far that people who don't apply their self discipline when things are going badly, they never really had self discipline to start with, but that's not a diss.

I am guessing that level of struggle with it depends of individual, and some people are more burdened by their strong emotions that they aren't equipped to deal with.
And weirdly for some people that shows as weakness, even if those people are struggling more intensively and using more energy for that self discipline.
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Topic
Board Gambling discussion
Re: If Winning and Losing Leads to Gambling Addiction, Is There Really no Way Out?
by
o48o
on 01/09/2025, 15:12:36 UTC
-cut-
So the question is, "Is there really no way out for gamblers to stay fit and in control?"  Is gambling addiction inevitable??   If winning and losing lead to addiction, how can we maintain our sanity?
-cut-
Why would you jump to that conclusion. And why would it always lead to addiction? Majority of people can use substances, watch tv, gamble, eat sugar or do anything addictive, without getting addicted.

But people are different and if you happen to have addictive personality that gets easily hooked, ADHD or something else, you might get addicted more easily, as your dopamine system isn't working in healthy way.
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Topic
Board Politics & Society
Re: Trump's Health
by
o48o
on 01/09/2025, 15:06:51 UTC
Bruises on his hands and swollen ankles - two symptoms of heart problems especially since he is on blood thinners.

MAGA has been posting images of Trump that are a few days old.  Vance is apparently so excited he's out couch shopping.

What do you guys think?   Is the self proclaimed most successful person in the world about to hit a reality check?
I am far from medical expert, but i tend to listen medical experts (unlike health minister of U.S.), and consistency of all their views tells me, that unless Trump changes his diet and habits radically, he is gone in a year.
And i am skeptical he would change anything. He will eat medicine and supplements for sure, but that's all too little and too late.

He is not not going to start to exercise, and i am not even sure if he would benefit from it anymore, as it could strain his body more then he can manage.

I am surprised that i haven't found a bet about this in polymarket yet.

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Topic
Board Altcoin Discussion
Re: USDT and USDC Establish Their Own Networks
by
o48o
on 31/08/2025, 22:49:54 UTC
That is why I liked stablecoins which were fairly decentralized as the original concept of Dai by Makerdao was. It was over-colateralized by Ethereum and people were free to engage with the smart-contract and issue as much stablecoins as they desired, as long as they had enough Ether to give as collateral, there were no centralized power and the smart contract was open source, for anyone to see and verify, it was a step in the right direction, but people preferred to rely on centralized Fiat backed coins instead, now we could be about to see the consequences of it...
Obviously exchanges and hot wallets will asked by regulators to comply and switch all the capital of their depositors to those centralized networks, without asking the owners of the tokens.
I agree with you there. Even though i see other plausible problems of purely decentralized services. One of them being need to comply with centralized services in order to be adopted, or even allowed.

And other thing i am worried about decentralized anything is potential exploits, similar to DAO hack in 2016. And more trust we place on something, bigger the fall will be if that happens.
I guess when enough people would lose money, rollback would be possibility, even though it's against the idea of blockchain being immutable.
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Topic
Board Economics
Re: Communism is not so much different
by
o48o
on 31/08/2025, 22:39:24 UTC
I'm from eastern Europe. In the soviet era noone could own private property, everything was belonging to the state. Then, the state rationed food to you, allowed you to use one of their homes in exchange for labour, allowed selling produce on government-controlled prices, and buying in predetermined quantities.

So let me ask a question. When you buy a home with all your life savings, does it become yours? What makes it differ from the soviets? I mean, obviously they recorded your rights to the building on paper, and now they record it in digital databases. But is it REALLY that different? You don't truly own either. It's all the government's promise to let you access it and keep away whomever should not access it, until they don't.

The only thing you truly own is bitcoin. The rest are promises.
Funny how government seems to be perfectly capable for seize bitcoins when they arrest someone. Or where you think those bitcoins are from that governments have been selling?

So how does that differ from governments promise of not confiscate your stuff? It's literally all based on those promises. Promise that fiat money has value, promise that government won't take your stuff when you behave, or promise that you can keep your privatekey and no one will take it off you by force and throw you in jail.

But i am surprised if this a new thing to you. You don't "own" anything, not even your life. Because absolute ownership that wouldn't be based on contract and promise is a false concept.
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Topic
Board Altcoin Discussion
Re: Is the metaverse trend back?
by
o48o
on 31/08/2025, 22:31:52 UTC
-cut-
What do you guys think? Have you seen any metaverse projects of late? If yes, kindly share; if not, you can give your opinion on this.
Lol, no.

I do believe that there are ton of bag holders for these wannabe metaverse projects, and at some point they might want to shill their bags for exit pump to get rid of them. It's easier to convince people to shill when they are holding something themselves, then finding new buyers to some unknown new project that's going down already.

It is as nonsense hype as "virtual reality" in 90s. Meta level creates itself to meet the need of the people, it's not foundational level of anything and you can't just go like: "build it and they will come".
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Topic
Board Altcoin Discussion
Re: How much lucky have you got with crypto airdrops ?
by
o48o
on 31/08/2025, 22:26:14 UTC
Don't really need luck but contribute to their project.

However, there's something that these kind of article didn't disclose. It's the capital needed to follow an airdrop.
The recent airdrop like treehouse, huma, etc requires you to stake your capital and to get good enough money. Usually at minimum you need 10k USD or something to get 1k - 2k reward.

If you're doing testnet however, consider it already botted that you're more likely to get $5 out of it. In some case you can get really good airdrop like walrus, but that kind of thing comes once in a while.


1k return on 10 k investment in few months is not bad at all. You are getting much more to what you will get if the money was kept in bank account.
Difference being that it isn't an investment, but a gamble. You might as well get nothing. And that's nothing compared to Gods Unchained or Uniswap airdrop.

But people weren't waiting for those, they were supporting them and rewarded for it, unlike these bots that want to mine every possible airdrop. I am personally hoping that there's no more of them and these bots will die out. It's like a dead internet theory, but about bots hunting crypto airdrops and bounty hunters spamming other bounty hunters with their share.
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Topic
Board Economics
Re: #1 economy problem
by
o48o
on 31/08/2025, 22:16:21 UTC
To be fair, that is true for car manufacturing and phone manufacturing in most cases. Whatever requires a chip basically, like GPU's for example. Because if you need to buy chips, you are going the giants like Nvidia and car companies and all of that, instead, you have to build your own, which costs 20+ billion dollars, and takes many years of R&D which you may never catch up.

So why deal with that business, when you can just get it from other nations for cheap, put low tariffs on those special items, and get it for cheap. Hell, some people around the world (forgot the nation, was it Thailand?) can get iphones cheaper than Americans. Because chips are near, factories are near, so it's cheaper that way instead of traveling all through many oceans.
I am unsure that what was that counterargument to, or if it's even counter argument as i wasn't talking about tariffs.

Because it still doesn't rule out the fact that rich people inside those economies get to buy better products, just like in your country. It doesn't matter if they get them cheaper in overall comparison to you. It's still very unlikely that poorest people would buy state of the art top-notch technology, when they can better afford cheaper models (if they can afford even those).

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Topic
Board Gambling discussion
Re: Do you flex on your pals when you are correct
by
o48o
on 31/08/2025, 22:04:01 UTC
Something funny happened to me this night I thought I should share.
I am an apologetic gambler and I don’t shy when people know I am a gambler so I discuss my games to people when I want to, this is an interesting story and has a happy ending because I won.

I played some games in sport betting from yesterday and I had a game left today a game in the Italian Seria A between Cremonese and Sassuolo, I went with Cremonese 2up that is if Cremonese at any point in the game leads Sassuolo by 2goals I win, here is the twist and the funny part because I thought I played it 2up like I did others but I did not, Sassuolo was up by two in the first half so I checked and saw the game was still running. Then I discussed it with my friends and they ask me to cash out but I refused then Sassuolo turned the game around and Score two goals. My friends made life hell for me by mocking me but later on Cremonese scored in the added time to win the game. I flexed hard on my friends after the final whistle.

I don’t usually leave a game when I see a good cash out but I trusted my guts and won. Have you had experience where you choose your opinion over logic advice from friends and won or lost let’s hear it.
I don't know anyone who wouldn't, but i know people who would lie about that they wouldn't. For some people it's just more subtle then others.
But things like in your case, where someone mocked you for the bet, it's perfectly understandable to pay that back.

I don't talk about my gambling anymore with my friends, and frankly i haven't made such a good or big underdog bets that they would be worth bragging about, but if one of my 200x bet would have won, i would definitely take all credit from it, even though i knew deep inside, that it was luck.

I have once bragged about shorting markets right time before the crash, and some people see ledger shorting and longing similar to gamble, but i don't think it counts.
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Topic
Board Gambling discussion
Re: Are slots rigged or Just math at work?
by
o48o
on 31/08/2025, 21:50:00 UTC
Have you ever had a time in the casino where you started strong on slots, maybe even felt like you were on a roll for a while, then suddenly hit a losing streak that wiped out everything? I’ve noticed that no matter how good the start is, I almost always end up losing it all in the end.

That kind of pattern makes me wonder, are these games secretly rigged, or is this just how slots work because of the RTP (return to player), which is usually around 97% or even lower?

When you’re stuck in a losing streak, it really makes you doubt if it’s only bad luck, or if the system is built so you can never walk away ahead.
What do you guys think? Is it pure probability catching up with you, or do casinos tweak the games to make sure you lose eventually?
Well why are you surprised of that? Longer you play, higher the change of you losing it is.

You make a kind of good example by talking about "feeling it". Thing is, that humans don't naturally understand or "feel" the concept of randomness.
Good example of this is that when music players like spotify actually used random playing, people complained that it wasn't random, because it didn't feel random. It sometimes kept playing same songs, so people thought it was broken, and funny thing about that is that with real randomness there's a change that same song could play many times in a row. It's not usual, but it's how randomness work.

When people see dots in random order, they don't accept that they are random, if they form clusters. Even though that happens sometimes with randomness.
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Topic
Board Gambling discussion
Re: Illusion of control
by
o48o
on 30/08/2025, 18:44:57 UTC
What really makes a gambler lose? Is it greed? Well it is the illusion of control. Illusion of control leads to continued gambling and the more a gambler plays the more the casinos win, right? As a gambler, you should be able to identify these illusions so you can at least get a hold of yourself.

We often think, deep down, that we can control how we win. No matter how many proof we are presented with that the casino always wins we always think that we can overthrow this theory that applies to everyone. Then it gets justified when we actually win so we will continue playing thinking we can actually decide when to win.

If you get statistical and logical, you will remove these thoughts and you will not become overconfident or superstitious.
Well i disagree. Illusion of control doesn't make us lose, it just makes us blind for the fact that games are designed to profit the host in the long run. Calculations are slightly against the gambler, and that's why gamblers eventually lose (unless they are "lucky" and win against odds).

There's no amount of removing some superstitious thoughts that would make you magically win more. It's pure maths you are against to, and if you are insanely lucky to win huge amount, you are that statistical anomaly that fits in the probability, but it's very unlikely. How irrationally or rationality you play, doesn't really play a role in that.
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Topic
Board Altcoin Discussion
Re: USDT and USDC Establish Their Own Networks
by
o48o
on 30/08/2025, 18:33:52 UTC
I don't really understand why they would do such a thing, unless there are regulators behind all this choice for these stablecoins.

It could be a plan to force people who desire to continue to use their stablecoins to move to more centralized protocols, for the sake of keeping control over users and exchanges.
Anyways, as it stands, one can only hope most of users won't fall for this and stay with stablecoins being offered in Ethereum and Tron.

In the end, the direction of Blockchain as a liberating technology depends almost exclusively on all of us...
This is very bad news... Everyone using those two stablecoins should know about this.

Their own centralzed network is probably easier to control in cases of tracking, identification and freezing unwanted wallets. I mean they are already doing it, but having more control over it wouldn't be bad from their perspective.

To rest of us it just makes USDT and USDC even more of centralized shitcoins. Even if they are more accepted all around because of better regulatory compliance.
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Topic
Board Economics
Re: I'm wealthy and unsuccessful
by
o48o
on 30/08/2025, 18:23:37 UTC
So I moved back to my rural hometown after long years of building a career in the capital city, met up some friends I haven't seen for ages. Hanged out, got to my story and their first question was where did I buy my house. I told them I didn't, I'm in a rental property like I've always been. It was strange at first but then I realized I was their idol, the "rich guy who made it". Then got on to other topics. "So what car do you have?" I told em, I dont have a car. "Fuck it bro, at least did you travel the world?" - Not yet. With 3 questions and 3 answers, I made their whole world view collapse. "Are you even wealthy bro?" Yessiriam. I consider myself wealthy. What makes a man wealthy? Having options. If I'd like, I could buy the house, buy the car or travel the world. I didn't because it's not financially the right decision, at least it wasn't at that moment.

There was a question a few days ago here, someone coined what could be the biggest problem with economies. This is one of them, for sure. People can't differentiate assets and liabilities. They think they own the house, they claim they own the car, and in the meantime they're in utter debt. People strive to take on liabilities instead of building wealth which consists of assets (favorably hard or income-generating assets). They discount their time, become corporate slaves just to keep up with the illusion of their lifestyles they ought to show to the outside world.

And I see this everywhere. The four of us in the room all came from the same school. Same age. Same opportunities. Three wheeling in heavy debt, trynna keep it up with side hustles. One with a positive balance who never needs to be a corporate slave again.
So what's your definition of successful then? Those don't seem to be your goals but goals of your friends so it's not really any kind of measurement, unless your idea of being successful is being successful on the eyes of those friends.

For me, being successful is filling at least some of your goals. And by "some" i mean things you actually can fill, not goals you set up in 5 years old when you think literally anything is possible. If you keep all those dreams, you might think you are unsuccessful no matter how well you have spend your life.