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dld3151
FoxDen Hall of Famer
Registered: Nov 2005
Posts: 2842
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Riverfish, thanks for that link. Very interesting stuff.
Bytore, no you're by no means wrong. You're just skeptical, and that's always good. Also, I will never put it past some self-serving politician (sorry for the redundancy) to challenge the legality of Mr. Sroka's operation. It'll be a Repub, a right-winger, a self-righteous sort trying to appeal to his fundamentalist Christian constituency.
Mr. Sroka seems confident, based on the opinions of his lawyers, that the site will survive because trading involves skill rather than luck. So, it's not gambling. But some argue that would not hold up in court. If Sroka is taken to court, I'd pull for him but I wouldn't give him better than a 50-percent chance of winning.
I'm not sure if the SEC has the power to shut down the site. Do they?? If so, then that won't surprise me. The more open Mr. Sroka is about his site, the more politicians and/or the government will take notice. The government must try to control every move the populace makes that involves money, even if it's only pocket change.
But for now, I hope the site is fun for those who participate. Buy low and sell high!
2013 college football contest co-champion
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10-31-08 03:14 AM |
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Bytore
FoxDen Hall of Famer
Registered: Jan 2003
Posts: 16037
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Thanks DLD!
I am just truthfully using observations of the past.
I played many of these types of games. I did quite well at them.
The legal challenge will come. That is really the only bug I see now.
In the old forum, this dude named Snowdog used to harp on me for playing a pyramid style game! lol!
He was a good soul, and with every posting about how pyramids worked, I became a better player.
Of course, we had a running joke about "Bytor and the Snowdog".
It's not disco!LOL!
http://www.youtube.com/watch?v=t79P_UBKXRI
These games are a bit bit evil. Know this. : )
You have to estimate greed!
You can play them for months, if they survive. Just remember, not all people will play them. I have researched the E-Gold forums, for these are the masters of these games, and nothing yet.
If you like this style of gambling, yes, it can be profitable.
In a old forum from long ago, we discussed the mechanics of greed, pyramid games, and all things gambling to no end.
They told me I was crazy to bet on sports, as all sports gamblers lose! lol!
I tried to move a few people here, for what a wonderful lot of minds I found. No real luck. : )
I did finally, make money sports gambling! God it took a long time! lol!
Trading truthfully. I still build machines of course, but I believe that if you can conquer a game, keep doing that.
I have no idea what the future holds, and you kids are playing a fun game to be sure. Keep your heads, pyramid style games are tricky! You must grab greed, before it grabs you!!!
Do not I say, delude yourself into thinking it is anything but greed. It's totally beautiful greed! In it's finest hour!!! lol!!!
P.S. The time delay on payment concerns me. Maybe question that on the radio show...
"Today's Tom Sawyer, he gets high on you
And the space he invades, he gets by on you..."
RUSH
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10-31-08 04:36 AM |
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