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1  Bitcoin / Bitcoin Discussion / Re: Moment of truth on: October 28, 2023, 08:25:36 AM
It's time to share your experience.
(choose one question and share your thoughts)
4. Did you also have the "get rich quick" mindset. I bet it slowed down your learning process.

I would answer every question but this one is my favorite. I never came to bitcoin market with get rich quick mindset nor I am chasing any dream like that. In fact when I entered Bitcoin market it took me almost a year to set myself into the Bitcoin reality as I was not trusting anything that's put forward here. I was very slow learner when it came to Bitcoin so there was no mindset where I am imagining myself becoming millionaire over night. I heard stories, I read them as witness of fortune but I never fell for the trap of greediness. Till date I am only saving some portion of my salaries and other income sources in the Bitcoin. I am being holder, doing everything to keep it up to optimum levels including dollar cost averaging strategy. In short I am not rushing thing and will never do it anyways.  Smiley
2  Economy / Economics / Re: Honda Now Accepts Bitcoin and Ethereum As Payment Methods on: October 11, 2023, 06:14:35 PM
Definitely something good to add up in the current market. Honda definitely taking it to next level if they have started accepting Bitcoin. I believe it is the internal management that must be excited about the Bitcoin Payment idea. They might be looking at crypto based users to target them and let them give new user base or buyers. Sometimes it’s like releasing a service or product that directly hits the user. That’s what happening here. They want us to feel that they are with crypto community, they welcoming the digital payment era and new currency like Bitcoin.

I would definitely want to see other automobiles get into this. Mostly Royal Enfield should start accepting Bitcoin payment. They have classic bikes and their market is also huge. The bikes range is also as equal to as luxury cars so I’m sure that’s good deal as well.
3  Economy / Economics / Re: Help me analyze the feasibility of this business idea on: October 10, 2023, 05:12:49 PM
If you love teaching then man you got many options available. There are pre-made platforms where teachers can enrol and deliver online lectures to the all kinds of subjects they want.  The payment is also enormous based on your skill level and delivery method. Now one of the platform that I know is chegg. This is one of the popular platform with lot of intake since they are global platform. You can try that out with part time job opportunities.

Moreover, if you are not willing to work under anyone then you can simply go for creating your own courses and modules in a recorded digital media. This can be published on various digital platforms with paid subscription or rentals.

If you don’t like that either then you can simply go for live streaming classes or YouTube videos. People are hungry for knowledge, if its free then they would be more than happy to subscribe you. That can generate you handsome amount of money. The ways are many but you need to focus on only one of them.
4  Bitcoin / Bitcoin Discussion / Re: In Case of Global Conflict, Is BTC The Best Alternative? on: October 10, 2023, 04:02:57 PM
Ahh not sure why we always connect the dots of war and failed economy with the Bitcoin. That’s not how it works. If so, then we would have been holding gold coins and silver bars to trade day today stuff. Just because there is war somewhere doesn’t mean we need another currency or valuable asset to trade. That’s literally illogical. If it’s war then nothing matters, only our lives, food and water will matter.

It would be funny if you ask this question to person from Israel right, would they think about Bitcoin or their lives and way to feed their families?

Irrelevant.
5  Other / Off-topic / Re: If you are becoming a billionaire in 2025,buying a large ship should not be goal on: October 06, 2023, 03:33:26 PM
I don’t think today’s generation is that much understanding. They want money to be thrown away for big parties and booz and even after that their bank balances are not getting moved an inch. This makes it act of non humanly but who cares these days.

Rather than them middle class person would know the pain of hunger and they will go and donate the money. Though OP you have good thoughts I hardly think billionaire cares if it’s out of their good thinking league.
6  Economy / Economics / Re: Early Retirement [Pros and Cons] on: September 24, 2023, 06:12:39 PM
I think retiring early is very bad plan. I would literally die off boring moments! Without challenges, without spark or vision in front of my eyes I can’t even think about life in me. It’s literally not possible to live just like that drinking, sleeping and enjoying the life 24x7. Without the purpose I would go crazy for sure. I believe having purpose makes real sense to us and this is what taught us since our childhood. You know we do big and small chores all the time, learn new things, work ourselves to make fortune and much more. These habits won’t go just like that. Moreover it’s also important to understand that once we go into work life we get used to it and can’t just let it go.  Smiley
7  Economy / Economics / Re: If the global economy collapses what's the first thing you do? on: September 24, 2023, 05:32:42 PM
I am just making sure that my investment stays as it is and I only use funds from my emergency savings. This is also from whole family since we love to have budget with shared responsibility. This does not burden one individual and also makes everyone aware of the emergencies.

This way it helps a lot to keep personal savings untouched and more than that investments like bitcoin and other coins remain untouched as well. As we are aware economic recession usually eat out people from top to bottom by exhausting everything they have. So I have learnt to segregate everything safely. It helps.
8  Economy / Gambling discussion / Re: Crypto betting on: September 23, 2023, 04:54:58 AM
If you are completely new then better visit most popular casinos out there since it will help you stay away from the scam sites out there. There are plenty of names such as Roobet, Stake, Duelbits, Primedice and much more in the bucket list. Visit their official ANN listed on the forum (in the current section) and you can get hang of it after reading in depth. You can also visit freebitcoin if your core focus is on sports betting. They have simple betting formula, simple UI and plenty of games to choose from. Always have a habit to read about their TOS though they are boring long text they can save yourself from complications in later part. Good luck mate.
9  Bitcoin / Bitcoin Discussion / Re: Knowledge vs hodlings on: September 22, 2023, 04:45:22 PM
Holding makes you owner of your funds and that ownership is what makes it easier to understand what bitcoin is actually. If I’m going to trade my bitcoin or may be invest it somewhere then it’s going to be just another fiat ecosystem. Having a wallet with private keys makes me owner of those bitcoin. I am not loosing any value if I consider one bitcoin equals to one bitcoin. I only lose it if I sell it or send it to someone or maybe consider it’s value in terms of fiat. Anyways that’s another story but Holding is MUST at least with my own experience. Smiley
10  Bitcoin / Bitcoin Discussion / Re: What Do you think Satoshi Would Think About Today's Bitcoin? on: September 21, 2023, 03:23:15 PM
Yeah really sound like Satoshi in today’s date. Imagine his working around the clock to build the blockchain and release genesis thinking that go dear bitcoin you will be the master of decentralised payment network. Yet here we are already building huge financial institutions to reap the profits from people’s wallet.

Everything went wrong when someone might have thought about bitcoin as trading instrument started listing it. Everything got even worst when Altcoins formed. That’s really the world Satoshi never ever imagined.

So I believe, we are in wrong direction for sure.
11  Economy / Trading Discussion / Re: Bitcoin holder are not maximizing the bitcoin potential on: September 21, 2023, 02:04:35 PM
What you suggesting is a day trading. The problem with trading is, it’s not stable when it comes to bitcoin. The same reason that make you think we should trade can be the reason to lose everything in single day or who knows in single trade itself. I would be wondering if holders are willing to do it. For guy like me whose only focusing on holding it would be nightmare if I see I am in position of loosing everything.

The day trading or trading basically isn’t same for all. Many of us might not even comfortable with it due to less knowledge about technical analysis. I think staying low if you have no knowledge about it is the best key here.
12  Economy / Economics / Re: Our future with renewable energy. on: September 20, 2023, 04:45:28 PM
Everyone has their opinion. Here is mine about renewable energy that many people may not like at all. It’s not possible to make earth 100% dependent on renewable energy because we have disturbed the climate so much that water has risen above its normal range. There are hundreds to thousands small to big disasters happening around the world that create disturbance in the daily routine.

Whether it is mega natural disaster like tsunami to Hot temperatures causing wild fires or heavy deadly rains inland. Everything is destroying that natural cycle and disturbing the way we can produce green energies. That’s really a question that should have been worked out hundred years ago but we didn’t.
13  Bitcoin / Bitcoin Discussion / Re: Cryptocurrency beats having faits at every point on: September 19, 2023, 03:08:30 PM
Well most of the points are definitely true however it’s getting worst (sadly) with the time considering many countries are imposing heavy tax toll on our bitcoin. Though it doesn’t mean we are out of race, there are many loopholes to avoid this with p2p system but yeah things are weird. However, we will always have an upper hand whatsoever.

P2p is what we need to stress more and practice more. Meanwhile, fiat is already having lot of backend issues such as our money isn’t ours and you have to explain every bit of dime and it’s existence to the government. So definitely Bitcoin surpasses the test.
14  Economy / Economics / Re: Thailand to start taxing overseas income next year, including from crypto on: September 19, 2023, 02:37:03 PM
Why is it always perspective of foreigners that is taken for granted? I think as a country they have taken bold decision. Since their sole income source is only from the tourism and few agendas that are not really tourism associated its best decision so far. This can make their country grow properly, in right direction and with amazing funds in their reserves. This is excellent for the locals also since they won’t be burdened with the taxes from their government. It feels like more or less equal opportunity to everyone in the country. Good move.
15  Other / Off-topic / Re: Craig Wright deliberately made a fool of us all with his cyrptographic proof on: September 19, 2023, 01:55:32 PM
Yeah heard this shit before and also ignored it smoothly long back ago. In fact I have diverted the entire focus on collecting more BTC because that is what Satoshi might have thought the world would do. But all those curious minds are chasing and making it a business to showcase that they themselves are Satoshi. Just to gain the fame and in the name of fame money that's coming to their institutes. That is a pure myth and it will remains myth always.

Why would Mr. Satoshi want to become a public figure? The first thing that will happen is all the governing agencies will be behind him. He owns so much wealth right now, he could be just partying his ass off anywhere in the world. I think he simply doesn't want us to know that.

That was the whole point behind blockchain. Be anonymous.
16  Economy / Economics / Re: Building wealth it's not just one time Luck on: September 11, 2023, 06:10:12 PM
I would say it is even bigger picture. Many times people end up earning nothing by the end of their lives while some of them would earn so much that their children and grand children already know they can sit and party their ass out for the rest of their lives!! I think these differences are all there because of the paths an individual follows. Some of them are hard working and some of them are kinda smart working or lazy asses. You bet both of them can be found in single person too.

On bigger scale, if we want to have loads of bucks then we need systematic investment plans. One cant just use their money to throw parties every weekend and spend on unwanted stuff.

Having extensive knowledge about the accounting and how to manage them can help a lot. Many individual's do not plan their activities in advance. There are too many blind investments that has no future or they were just done because someone taught them. Having professional advices can do no harm when building a proper wealth plan.

It's just that there is everything but individuals fail to do it. 
17  Bitcoin / Bitcoin Discussion / Re: Smart contracts on Bitcoin...Are they worth it? on: September 09, 2023, 04:48:33 AM
Definitely not a good idea. It will burden the blockchain and it will impact on the Bitcoin transactions.

Have we forgotten about the Ordinals that are allowing users to mint the NFT directly on the Bitcoin Blockchain and what a mess it caused during the initial days? Imagine adding more smart contracts to it, instead of helping out Bitcoin we would end up screwing up Bitcoin's work structure and also the economic structure.

I think what we have at our hands is far better than what would we develop. I think in the past we also tried to fork it, nothing happened!
18  Bitcoin / Development & Technical Discussion / Re: Miniscript Project on: September 03, 2023, 02:23:16 PM
The interesting thing is, even to this day, there is no wallet that supports miniscript (not even Bitcoin Core) and that is considering Taproot has already been active. Could it just be a lack of developers?

Or lack of usage, there's no reason to support miniscript when software developer isn't their main target. Besides, Minsc (https://min.sc/) also exist which offer easier usage and have more star on GitHub (150 vs 106 stars).

Give this project to a private sector company with salaried developers and then give them limited timeline to make a good use of miniscript. They will end up with hundreds of usage for the same. I think decentralized work mode can take away lot of talent. Idk, but we would have been at higher dimension by now since bitcoin has endless possibilities for sure.
19  Bitcoin / Bitcoin Discussion / Re: Countries where Bitcoin is “banned” on: September 01, 2023, 11:24:59 AM
The information is so misleading in many ways. Most of these countries still have active users and as stated by few users the countries that you have mentioned like Egypt, India, Russia, Kosovo and turkey are highly active in the crypto currency trading. You really need to verify the source and also verify information from at least different sources or local sources of those countries. The best way to do this is ask the local boards to participate in this voting and ask the actual situation about bitcoin in their countries.
20  Economy / Services / Re: [OPEN-AVATAR] Yo!Mix Bitcoin Mixer Signature Campaign| Reward up to $200/w on: August 29, 2023, 04:43:16 PM
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