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Messages - ADulay

#1
QuoteBreaking news reveals that China has granted a license to Pi Network to operate within the country. 

Well that certainly makes me want to rush out to my local ATM machine to see if I can acquire some Pi pseudo-currency.

Seriously.  What are all of these newly created Pi Billionaires going to do with all that Pi money?  Sell it for BitCoin?  Purchase a new Buick?  (Shanghai has a GM Buick plant, I've been there).

Personally, I wish the best for anyone attempting to get in on the bottom floor of still another digital coin or currency.  It's fun to watch but still looks like a gambling adventure rather than an investment for the future.

BitCoin appears to be in a spiral of people who have a fear of missing out (FOMO) and this new Pi coin looks like the same mind set may take over.

I believe we've seen this picture before and we will most assuredly see it again in the future.

Good luck to all in this new venture.

AD (I haven't been to an ATM in many years)
#3
General Discussion / Re: A Question about Crypto
March 08, 2024, 11:15:03 PM
Albalaha,

  Well, I still "own" my 1/10 share of a BitCoin.  The cost basis was $1000 to me.

  Initially purchased as a joke while drinking with good friends, I probably have no reason to sell it and doubt I will ever sell it as my buddies are always telling me how it's going to be worth a real lot of money "in the future".

  Besides, it is fun to tell people I have BitCoin when they ask but it's not something I think about on a day to day basis.

  So for now my portion of the 1 BitCoin (10%) that we own sits in one of their accounts while waiting for "the big one" to hit.

  Not so surprising is the fact that not one of these guys has mentioned selling it to take the profit.

  It's just not that important and I think they're seriously waiting for the 1 million dollar mark.

  And the profit back to each of us, approximately $5000 or so at this time, is not something we desperately need.

  My last ammunition order was $5200 to put things into perspective for us.

  I do enjoy reading about other people's experiences with their BitCoin exploits here.

  AD







 
#4
Off-topic / Re: What else besides baccarat?
March 05, 2024, 08:59:33 PM
I was going to post up another few shooting videos but I figured that might get boring for a lot of viewers (and believe me, I've got a lot of them) so here's something you've probably never seen.

In my former life as an airline pilot, we get to be very in touch with our machines.  One night over the Pacific my 747 even told me what it though of my flying skills. 8)

AD



#5
General Discussion / A Question about Crypto
March 05, 2024, 08:47:14 PM
I have a serious question(s) for those of you who are involved with the Crypto game.

What is the actual PLAN for your crypto "investments"?

Is it merely to make money, as in any gambling endeavor?

Is it to build something for on down the road when retirement looms large?

With your holdings in crypto, can you use it to live on or plan with for future expenditures?

Do you consider it a real investment in the future or merely something to dabble in while stumbling forward in life?

If you have a substantial amount in crypto, do you sell some to hold back some kind of profit or do you plan on just keeping it until it hits the magical 1 million dollar mark?

Do you have a tax strategy for any of this?

Can you use your crypto holdings as collateral on something in an emergency should the need arise?

I see the alure of the BTC game to many people but somehow I just don't see or visualize the outcome of this.   There simply has to be something I'm missing here.

I just moved another $70,000 from an asset that got called into another product that will produce a similar profit moving forward.  I would not even think about moving that money into a BitCoin.

Am I truly a Luddite in the 21st Century of money management in real life or am I simply not seeing the big picture in the digital world?

AD
#6
Albalaha's Exclusive / Re: cryptocurrency and me
February 17, 2024, 01:34:31 AM
Quote from: Albalaha on February 14, 2024, 04:33:33 PMToday, on 14th Feb 2024, Bitcoin is worth $51,544. All who were predicting its downfall and about it being useless or gimmic or having no intrisic value should learn a lesson now. I predicted this well in advance and the reasons for its future rise too. Just wait 5-6 months to see an all time high price, easily going over $80k.

So, are you buying now?

AD
#7
Got the win with the Chiefs +2.

Lost the OVER by a 1/2 point.

That was my third OVER loss by a half point this year.

I hate it when that happens.

AD
#8
Off-topic / Re: Photo Ops
February 09, 2024, 07:57:39 PM
Taken at the back of the boat after a hard day of whatever it is I do on the boat all day.

#9
Off-topic / Re: What else besides baccarat?
February 02, 2024, 05:22:56 PM
And because this is still a gambling forum, here's a shot from inside the casino at the Cadillac Jack's Hotel in Deadwood, SD.

No baccarat here so I had to default to roulette for the night.

AD

#10
Off-topic / Re: What else besides baccarat?
February 02, 2024, 05:12:50 PM
Well, let's try this again.

What else do you guys do besides hang out here and hit the casinos from time to time.

Saw this gem making the run south out of Minneapolis on I-35.

Of course I had to stop and get the "photo op".  That's what I do!

AD




#11
This speed makes nano suitable for commercial payments, since merchants and retailers no longer need to worry about transaction delays when accepting payments.
=======================================================================


You know, my AMEX card receipt hits my phone before the lady behind the counter can even hand me my receipt for a coffee.

Is processing time really a problem?

AD
#12
General Discussion / Re: crypto
December 15, 2023, 09:19:51 PM
QuoteNow, as the short-term bull trap grows, mainstream media is back at it, predicting $500,000, in an effort to lure in greedy retail investors for exit liquidity. The crash that follows is inevitable. Unfortunately too many investors are blinded by greed to secure profits. They will just repeat their same mistakes as last time.


Bingo.  Nailed it.

AD
#13
Online Casinos / Re: online casinos better?
December 15, 2023, 09:16:48 PM
Youngdan,

  Well, it was nice talking to you but I'm thinking you're headed for the woodshed when the forum owner gets back online.

  AD
#14
Alrelax's Blog / Re: It’s 2AM and We’re On The Way
December 15, 2023, 09:15:19 PM
Twilight Zone playing in the dark of the night.

Excellent.

Been there, done that.  A good feeling for sure.

I shall endeavor to fill up at pump #9 at the Wawa for the bike tonight.  :thumbsup:  :thumbsup:

AD
#15
Other Casinos / Re: Tiny country dubbed a mini vegas
December 13, 2023, 03:15:28 AM
Seriously, take the jetboats out of Hong Kong to Macau and back.   They are excellent.  Like flying 1st Class on the airlines except you're not treated like cattle.

AD (assuming they still have those boats)