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July 15, 2024, 10:09:01 PM *
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101  Economy / Micro Earnings / Re: I miss Faucets on: June 30, 2024, 07:59:35 PM
$0.00082 for watching 120 seconds ad - it's probably least effective way to spend your time. I can't imagine how they can find people who complete such tasks. Just imagine how many such videos you have to watch to earn just $1.
I remember back in time avarage PTC website was paying $0.002 per click, while tasks had decent rates. Though, highest paying tasks weren't available in 3rd world countries.
Indeed. I don't know how many people still complete those PTC offers, but at the faucet list page we can see how many users are paid daily, and how much in dollar the faucet has paid on the day and on the week. The most popular faucet seems to be one called Vie Faucet, with a total of 5069 users paid today. The data says this faucet paid 717,53$ today and 462,07$ on the week.

Another popular one is Coinpayu, displaying 1138,56$ paid on the week to its users. Surprisingly, even though available profit to be made is minimal, there are still thousands of people accessing these websites in a daily basis, moving another thousands of dollars in a weekly basis.

Maybe this traffic is heavily influenced by bots too, who knows...
102  Economy / Speculation / Re: In July do we go bull and pass 75k? on: June 30, 2024, 07:44:08 PM
It does look like it's going to dip deeper. It started its own bull run at the beginning of the year. It did break the ATH for a while but then it also hit its peak the overbought level which is now retracing.

If it's going down maybe it will need to hit its bottom again at the price of maybe $57k or the strongest support line I see is the 52k.  The market is unpredictable though so this could be a wrong interpretation of this retracement.
Let's see what is going to happen... There are equal possibilities of going up or down. For now, the good news is that Bitcoin surpassed the 61,000$ resistance point once again in a massive instant pump which pushed it to the 61,600$ mark. Right now Bitcoin is doing its best to cross the 62,000$ line. If it does, it's going to be great news to get off to a good start in this next July.

I agree with you that a crash to 50,000$ price zone is possible in case Bitcoin doesn't maintain the support level at 60,000$, and that is why it's important to keep following the charts closely these days. Wrong interpretations are part of the game, anyway. We can see and draw the scenario only on short term and since this market is heavily volatile, tendencies change all the time beyond our limited comprehension and eyesight.
103  Economy / Micro Earnings / Re: I miss Faucets on: June 29, 2024, 05:40:00 PM
It is almost impossible to find any alternative means to earn tiny BTC for doing simple and easy tasks, BTC has grown so fast and is now more and more expensive, as a result of that micro earnings are almost worth nothing and unattractive, plus very difficult to even find any.
I was looking faucetpay's tasks yesterday. Their best PTC task offers 0.00081 USD for viewing an ad for 120 seconds. That is much worse than it used to be ten years ago! And add this to the purchasing power of dollar which decreased a lot since then. I remember in previous years we viewed a simple ad for 10-15 seconds and were paid 1 cent or at least half cent for that.

Another micro tasks are available only for first world countries. For everyone else it really doesn't worth. I thought about grinding those playstore games on spare time through Cointiply, but the rewards are ridiculous. I think a same game task pays better depending where you live, though.
104  Economy / Gambling / Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest on: June 29, 2024, 04:40:30 PM
Did you roll single of them for 4.5K times or did you click on play all button? I have 1/10 of your free spins and I plan to roll one by one. I had a hope that I would win something good but since I see that you had 4559 spins and won only 68K sats and 7 golden ticket that's drop in the ocean, I don't have high hopes. I amn't gonna hold any FUN token anymore if rewards are basically nothing.
Btw I'll roll and share my results.
I clicked the play all button. It would have taken a long time if I had rolled each spin manually (actually, even by rolling all at once already demands a considerable length of time).

Yours and everyone else's decision of giving up on FUN token is understandable. It's truly not that interesting anymore as it used to be when the feature was firstly introduced by freebitco.in. WoF's rewards were much more generous back then.

Moreover, due to the suspicions and uncertainties regards the future of the platform and the safety of our funds, we don't feel comfortable to continue enjoying the feature which gives extra interest over BTC balance anymore. That was something I had to give up too, as I cashed out my BTC funds after high rollers told about the malicious script and their balances being hacked.

Now I will keep my FUN portfolio because I'm already screwed anyway. Bought them for 30 satoshis each. To sell for 5 or 6 satoshis right now seems worthless... I just want to see how far it will still go.
105  Economy / Speculation / Re: In July do we go bull and pass 75k? on: June 29, 2024, 02:46:35 PM
What reasons make you bullish at this moment? What I'm seeing right now is Bitcoin slowly retreating, even though it's fighting bravely to stay above the 60,000$ line.

However, resistance level was 62,000$ by yesterday. Today it's already 61,000$. The margin between resistance and support is getting thinner and thinner. The pressure from sellers is increasing and I'm not confident if buyers will resist maintaining Bitcoin stable at the current price range until a new bullish trend takes place.

June hasn't ended yet, though. The real market feeling for July will be more visible once the new month finally takes place.
106  Bitcoin / Bitcoin Discussion / Re: What ruined your chances of investing in Bitcoin earlier? on: June 29, 2024, 02:29:46 AM
I didn't invest in Bitcoin earlier because I didn't have money to invest, so I had to start accumulating Bitcoin from zero through micro tasks on the internet. Thankfully it was a long time ago, so Bitcoin was still cheap and I managed to collect a decent amount of satoshis to hold for the future. Of course I could be in a much better position if I had bought Bitcoin back then, instead of only working on online tasks. However, I can't complain about it too, because I know at least I had the opportunity to work for it, while nowadays it's just not possible anymore, due to different factors of the market which have changed along the years.
107  Economy / Gambling discussion / Re: Do you think as a gambler we should allocate specific amount to gamble? on: June 29, 2024, 02:02:46 AM
I consider 1%-5% of monthly income to be an advisable sum to spend with gambling, because it's part of the money amount I would use for my pleasure, so gambling is included on that budget. To spend less than 1% seems unrealistic, because it must correspond to a very low sum of money, unless you have a pretty high monthly income. At same time, it's not a good idea to spend more than 5% with gambling, considering we have many other expenses which can't be postponed.
108  Economy / Gambling / Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest on: June 29, 2024, 12:48:47 AM
How long you will continue your FUN token holding on Freebitco?
I'm going to hold my FUN tokens indefinitely. I have no plans of selling them. I will just continue staking FUN for passive income and selling the surplus for profit. While freebitco.in continues existing and providing the feature, I will continue making use of it.
109  Economy / Speculation / Re: BTC Sentiment Poll for June on: June 29, 2024, 12:38:50 AM
There are two scenarios to consider for July: or the news of Mt. Gox redistribution, US and Germany holdings have already impacted the market negatively, so no further damage will be done in July, or such events are still going to have a negative impact over Bitcoin price in July. The first scenario is the best for Bitcoin, because it gives us room for a positive trend as soon as possible.

Without any impacts from those events on the radar, Bitcoin can flourish once again and return to the 70,000$ zone next month. On the other hand, if the market remains bearish for fear and uncertainity, the same we saw in June can repeat in July, delaying the bull trend only for the Q4 of 2024.
110  Economy / Economics / Re: The Higher the capital the higher the returns on: June 29, 2024, 12:23:49 AM
Is everything so simple?

So where does the capital come from?
There isn't a sure recipe to be followed. The source of the capital will depend on each one's personal life, environment, opportunities available and obstacles. Some will face easier conditions to keep that capital flowing, while others will have a hard time. And if the ones having a hard time start complaining, things are going to get even more difficult for them... We can just work with the tools we have available, at least until a better tool becomes disponible, what is really likely to happen if we make some sacrifice on the present moment.

Things aren't going to be simple for most of us, and there isn't any assurance that we will succeed in the end. But what else can we do besides trying? It seems the most logical decision to take: to try reaching somewhere else, even if it's through small steps.
111  Economy / Economics / Re: The Higher the capital the higher the returns on: June 28, 2024, 06:19:21 PM
                                                      REMEMBER
                                                       50% profit on $1000 is $500
                                                         5% profit on $100,000 is $5000
I agree it's always a good idea to chase more capital. However, I would never feel like 5% APY profit is an acceptable margin of profit, considering the yearly (real) inflation is superior than that. You will never achieve accumulating more capital on long run if you are losing to inflation year after year. That is why banks' investments are a trap for investors which must be avoided at all costs.

You have to ally chasing more capital to decent profit margins. It's a balance you have to find between both. And you fail doing so, you aren't going to reach anywhere in financial world. 5% over 100,000$ will melt that portfolio's purchasing power in a decade or less, while the investor making 50% over 1000$ will have better chances of growing that money on the same time period, if he is commited to his investments and adds more capital to it as profit is made.
112  Economy / Gambling discussion / Re: Components In Marketing A Casino What's The Best Option For Owners on: June 28, 2024, 05:47:18 PM
In the beginning, I think the casino has a great chance of getting popular if they show themselves to be a generous platform, which proportionates their customers benefits and promotions another platforms don't. It's the best way to attract and build an userbase without having consolidated reputation on the industry yet. To be transparent and fair is also very important.

This way, it won't be hard to conquer the sympathy and preference of the public, although the investment will be more expensive at the beginning... Once the casino is consolidated, they can change their marketing strategy to something more traditional, since the most important aspect they have already built, which is reputation.

Excessive propaganda isn't a good idea in my opinion, because if it's just empty propaganda without anything interesting to offer to the public at all, it will just contribute for gaining antipathy from potential gamblers. In fact, that is the case of most betting houses promoting their services nowadays in our countries in the sports scene.
113  Economy / Economics / Re: How to Maximize Your Passive Income from Cryptocurrency on: June 28, 2024, 05:05:48 PM
Staking don't give you high return, they might offer 100%+ in the beginning, but they will lower the reward day by day.
Furthermore, as the interest rate paid is huge, you can be assured the price of this token is going to decrease severily along the time, as another investors cashout their interest made and sell for profit. Let's say they pay you 100% APY. It won't mean 100% profit, because the token will lose a lot of its price, sometimes reaching 90% of loss or more...

It happens because the market works by the supply and demand law. If supply is too high and there isn't demand to absorb it, prices crash. For prices to increase, there must be superior demand, and it rarely happens when the product is a token offering excessive interest rates at staking programs.

Sticking to a strong and solid cryptocurrency is better than risking money with unknown tokens promising huge returns which aren't feasible for real.
114  Economy / Economics / Re: Bitcoin or Gold on: June 28, 2024, 04:47:56 PM
Guys I dont know what to do, should I invest in Gold or Bitcoin. Gold is more stable I know. But the bitcoin development is crazyy, imagine if you have bought it before 20 years... Grin
Bitcoin. I guess if you had enough money to buy gold as investment, you wouldn't be concerned about the profitability factor at all, because gold is an investment for those who already have their patrimony consolidated and just want to maintain it, to protect it, while Bitcoin is a more suitable investment for those who are trying to build their financial life yet, even from zero!

You are looking for investments with potential to grow your money, so it's Bitcoin you are looking for. We can't say if history is going to repeat itself regards Bitcoin, but there are serious chances this cryptocurrency still have a lot of potential to reach superior ATHs yet, and the sooner you start accumulating it, the better your chances are to achieve satisfactory results in the following months or years.
115  Economy / Gambling discussion / Re: The benefits of Gambling on: June 28, 2024, 04:41:10 PM
1. Socialization
This point is especially essential for gamblers who are lonely and find in gambling the opportunity to interact with other people in a friendly environment where there are things in common to talk about. And I would highlight here elders who live by themselves without much contact with the family, so it's through gambling that they appease loneliness.

2. Income Generation
This is a tricky point. Income generation for who exactly? For the casinos, gamblers, governments, employees? Some will lose in order to guarantee profit to others. Few gamblers are able to generate income through gambling, while most players are going to lose without any doubts. Meanwhile, every other parties generate income through gambling as well.

3. Employment
Gambling industry creates many jobs directly and indirectly. This is indeed a very strong point in favour of gambling. It even boosts the local economies of some regions and countries around the world through tourism. Moreover, nowadays with online and crypto gambling, we have even more remote jobs opportunities available on this industry.

4. Support to the Gambling Industry
To support gambling industry is a consequence of benefits people have through gambling, not the benefit itself. As some other benefits, maybe you could add that gambling allows people to relief from daily stress and forget their problems for a while. It allows gamblers to relax, have some fun and recharge their energies after a busy day of work.
116  Alternate cryptocurrencies / Altcoin Discussion / Re: How do you earn with your crypto? on: June 28, 2024, 01:32:34 AM
The staking can be done on Launchpool on Binance, PoolX on Bitget and many others. There are not many launchpool events that you can take part in since it happens like once a month, but you can join PoolX, which is available with projects that bitget frequently lists. I always try to take part with my USDT or sometimes BTC to earn since they really offer some high APRs on tokens.
Staking coins and tokens is a way to make passive income from your portfolio without having to sell it. It's not risk free, though. You can be scammed by exchanges where you are staking, as it has already happened to many investors in the past. The worst part is that if it happens, you are going to lose 100% of your portfolio.

Moreover, the tokens you might choose to stake, may offer high APY, but the higher the APY it offers, the higher it is the price decreasement you can expect from that token on long run, because you aren't the only investor to stake on it. And once other investors start cashing out their profits from the altcoin, they are going to sell huge amounts of that token, increasing supply without having enough demand to absorb it. Then prices crash and your APY means nothing in the end...

The safest strategy is to still hold your portfolio inside a hardware wallet and wait for the market to pump the coins and tokens you are holding, so you sell them for profit. Everything else involves extra risks.
117  Bitcoin / Bitcoin Discussion / Re: Your strategies of spreading bitcoin given to you to yield more. on: June 28, 2024, 01:03:32 AM
With 3BTC I can look for an interesting house or a piece of land for sale, so I acquire it and setup a business for rent. I think a commercial shop would be a good idea, since you make sure to pick a strong localization which has commercial demand. 3BTC is enough to make a decent deal. Probably half of the money would be used to acquire the property, while the another half would be used for remodeling. It's the best idea I can think about right now.

There are other alternatives such as stocks market, but I think the risks are higher and financial returns are the same or even lower than a property investment. Diversification is always a good idea, though. So you might also consider splitting those 3BTC into different categories of investments of your preference.
118  Economy / Economics / Re: Money doesn't guarantee happiness. on: June 28, 2024, 12:30:55 AM
These stories have to be better investigated before we claim money doesn't guarantee happiness... I agree money doesn't bring happiness depending how it was acquired. If it was fruit of injustice, cheating, manipulation then I'm sure it won't bring happiness.

Anyway, in most cases like the one being discussed here, there are hidden details the public doesn't have access to. It actually made me remember a Tom Cruise's movie called Cocktail I was watching these days. He had a wealthy friend who commited suicide at some point because he was financially broken, but nobody knew about it.

Maybe for shame, fear to face the consequences or pride these individuals put a precocious end on their lives. In other cases, it's due to accidents provoked by substances' abuse, as it's also common these rich guys make use of drugs and alcohol in high dosages without precautions.
119  Economy / Gambling discussion / Re: GambleAware wants Sports Gambling Promotion and Sponsorship moderated or... on: June 28, 2024, 12:18:10 AM
I don't doubt the veracity of the survey's results shared above, because it's understandable the public gets annoyed with so many gambling ads and sponsorship during the sports matches. Here in my country the championships, clubs and streamings are heavily sponsored by gambling houses. If you watch a soccer match on the television, you will see lots of gambling ads from different betting houses before, during and after the match. Even gamblers get bothered by these intrusive ads.

If there weren't so many of them, I think the results of the survey would be different and people would feel more receptive to gambling ads at the sports scene. Excessive propaganda brings negative consequences for the service or product being promoted, I believe.
120  Other / Politics & Society / Re: Beyond the Cliché: Rethinking Human Uniqueness on: June 27, 2024, 08:09:26 PM
What I've come to understand is that very few individuals are truly unique and different. The rest of us are just mindlessly reinforcing existing structures, even if it means vehemently opposing those who are unique.
It's true. Only few individuals are truly authentic. If you did a research, I guess the percentage wouldn't go above 5%-10% of world's population... Most people are heavily into conformity, following the current tendencies, the zeitgeist of the current age, just existing during their whole lives as sheep.

Meanwhile, there must be a minority who is able to filter and absorb from the worldly tendencies only what has real value, while discarding all the rest (the junk). This practice is done through intuition and a sense of self-confidence and detachment from the primitive tribal belonging necessity.

The price to be paid by these individuals is loneliness, exclusion, contempt and depreciation by the society. I guess it would be easier and less painful to be just another sheep among the herd, although it's not possible for the authentic ones, as it's going to be even more painful then.
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