Bitcoin Forum
May 26, 2024, 04:28:20 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 4 5 [6] 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 ... 471 »
101  Economy / Gambling discussion / Re: UEFA Champions League 2023/24 Season on: April 17, 2024, 10:57:33 AM
I don't know why Xavi was so furious about Araujo's red card. The situation was clearly a 100% red card for Araujo.
Sometimes a football player makes a mistake, which determines the end result of the football match. There are football teams, that start playing better with 10 players on the field. Barcelona obviously isn't one of those teams. PSG played really well, but Mbape didn't show his best performance.
Great game for Dortmund against a strong opponent like Atletico Madrid. I supported the Spanish team, but Dortmund clearly deserved to reach the semi finals.
I really hope that Real Madrid and Arsenal will be the next two teams, that are joining the semi finals of the UEFA Champions League.
102  Economy / Gambling discussion / Re: An interesting story and experience of a gambler on: April 17, 2024, 06:41:10 AM
Quote
What exactly do you think we call this type of gambler? For he is not only addicted to gambling, but he seem to be also addicted to buying stuffs he obviously does not need, and absolutely not interested in..

Again, alot of money can be made through gambling if one is lucky, but it also can destroy the person if he or she does not, or fail to control him or herself..
Anyways, lets discuss about this, feel free to put your comments below.

Money that comes easy also goes away very easy. Like the English saying "Easy come, easy go."
This guy paid off his debts, gave 10K to his mother and donated several grand for charity. I see this as a win.
The problem is the greed and the desire to always want more and more. Humans are designed this way.
Also this guy is an impulsive buyer, I guess. Maybe that's normal. If I won a big amount of money, maybe I would probably start buying shit I don't need left and right.
At least he's not a hardcore gambling addict, who got into big debts and ruined his life. He still has the chance to quit gambling and go on with his life.
103  Bitcoin / Bitcoin Discussion / Re: Will increasing banking restrictions lead to a rise in P2P transactions? on: April 17, 2024, 06:05:03 AM
I keep reading about bank accounts in the UK, US and EU being frozen due to crypto associations. This is concerning me, and I am reluctant now to use any exchanges to purchase Bitcoin. However, I am happy to purchase crypto via P2P transactions. These can be either cash payments in a face-to-face meeting, or by bank transfer to a trusted person's personal account. Will this be the future of Bitcoin for us mere mortals, or will sanity prevail and allow us to return to using exchanges?

Now, what about crypto-to-crypto exchanges? Will government oversight and intervention restrict those. This could lead to decentralised swop services, and surely this is contrary to the wishes of the banking puppet masters?

Who is stopping you to use exchanges? Are crypto exchanges like Coinbase or Binance banned in any big western country? I don't think so.
Many people keep talking that Bitcoin/crypto is widely adopted by more banks, companies and individuals and at the same time, people like you claim that banks are blocking accounts, that were involved in crypto trading. Am I missing something? You need a bank account for P2P transactions as well. The only difference is that your bank doesn't know that you are doing fiat-crypto transactions.
Crypto regulations will keep pushing forward and the governments would want to achieve complete control over the crypto industry. Maybe soon we will have to declare our hardware wallets to the tax authorities, but I'm sure that the crypto fanatics will find a way around this.
104  Economy / Speculation / Re: Is Bitcoin's 4 year cycle only coincidence? (This could be actually good news.) on: April 16, 2024, 10:42:46 AM
Quote
First cycle: 2009-13 - with ATH ~$1100
Second cycle: 2013-17 - with ATH ~$19600
Third cycle: 2017-21 - with ATH ~$First cycle: 2009-13 - with ATH ~$1100
Second cycle: 2013-17 - with ATH ~$19600
Third cycle: 2017-21 - with ATH ~$69000
Fourth cycle: 2021-25 - ATH: $???

Why the question marks after the fourth cycle? The Bitcoin ATH price already broke the 69000 USD mark and reached 73K USD. I guess that the 73K USD ATH price level could be destroyed by a higher ATH after several months, but this is just a possibility.
It's weird that we faced a price correction in the middle of March, and right now(the middle of April) we are facing another price correction.
Is this a coincidence or a pattern? Grin I don't know how big are going to be the future price drops, but we can't be sure that the future bear markets will be modest in comparison to the old bear markets. Bitcoin will always remain volatile and I'm sure that the Bitcoin price will always move in a rather unpredictable way, leaving most of the BTC traders surprised in the short term.
105  Economy / Gambling discussion / Re: Have you achieved anything from gambling on: April 16, 2024, 06:46:19 AM
Hello pals , this might Sound Crazy And funny But there are some meanings To It when looked At critically ,I Was having some chats with My colleaques in the Office And I told them that I am waiting for the right Time to stake my bets online and one of them opted that he hates gambling and that he has never achieved anything from the money he makes while gambling , and that he either Drinks with The money or goes to club with his girl Friend and many more unfortunate reasons .

Still on the matter another colleaque of mine backed him up saying that since he started gambling that he has never achieved anything tangible from gambling and that he feels that something mysterious is associated with the money he makes from gambling.

Lastly , i Dont know If you have achieved anything from gambling or you have same perception like my colleaques But for me i have achieved something reasonable and tangible from gambling , So please friends let me see your opinions on this .

I don't have the mentality of "achieving something thru gambling". Gambling is just a way to forget your daily problems, by spending some time and money for a short term dopamine boost in your brain. Gambling is definitely NOT a productive way to spend time and money for fun, but all the other bad habits like porn, gaming, smoking and drinking alcohol are the same. Bad habits are the spice of life. Nobody can live forever as a saint. You can't "achieve anything" by indulging into bad habits. Maybe the only thing you could achieve is getting addicted, but I'm still far away from addiction.
106  Bitcoin / Bitcoin Discussion / Re: What's up ? on: April 16, 2024, 06:08:38 AM
What is up with Bitcoin transaction fee since two days ago now?

Since the value is dumping in the past days I expect the transaction fee to keep its low as well.

Or this has something to do with the massive sell off? Can massive sell off be thr reason behind the transaction fee spike?

Also is there any transaction booster that still works today? Like ViaBTC?

Are there any other boosters that are free like ViaBTC? Because this is the most talked about, I don't know any other. Thank you.

The "massive sell off" means that more traders/investors are moving their BTC, which means more transactions in the blockchain, which causes the transaction fees to go up. So the answer is yes, but I couldn't call this "a massive sell off". This is more like selling pressure, which pushes the price down, because the selling order are more than the buying orders on the markets right now. Maybe it's caused by FUD(even though I don't see any big FUD news) or maybe it's caused by the expectations of many traders, that the BTC price will drop after the halving, so they are selling now, in order to buy at a lower price in the future.
107  Economy / Economics / Re: Prioritizing strong foundation over quick gains on: April 15, 2024, 11:05:54 AM
The desire to see quick results of our efforts can be very tempting and some folks in a bid to get results would normally prefer shortcuts to get wealth over following the real process that involves investing time, effort, and resources into developing skills, building relationships, and creating value in themselves that will lead to a sustainable long term success.

Pursuing of quick gains will only push you into getting involved in get rich quick schemes and activities that only guarantee short term incentives and wouldn't allow you invest and develop yourself. It's one of the reasons why people prefer to diversify thier investment into meme coins and other short termed project because they are just after possible immediate results rather than focusing their investment in an asset like Bitcoin  that's known to grow steadily overtime or alternatively investing in themselves which is a sure way to increase your value in the long run.

Setting out strong foundation that's aimed at supporting long term gain is the best thing you can do for yourself and regardless of the fact that you might not be getting quick results like short term investors and individuals, the benefit that comes with long term investment in the right thing  will always supercede any quick gain that's mostly for short sighted individuals.

Why are you so sure that the Bitcoin price will keep growing forever? What if the Bitcoin price becomes zero(or close to zero) after 10 years?
We all know that such possibility exists. Bitcoin cannot be called "a strong foundation" because it simply isn't a strong foundation. Bitcoin is a volatile and therefore risky financial asset(and that's completely fine). Some people want fast profits, so they become day traders. Other people prefer long term investments, so they just buy and HODL BTC. That doesn't necessarily mean that their profit is guaranteed. Every investment has a certain level of risk. Comparing Bitcoin to meme coins and pump-and-dump ponzi schemes simply isn't serious.
108  Economy / Gambling discussion / Re: Geopolitical Tension and its effects on Gambling on: April 15, 2024, 06:37:33 AM
From the last two days, we have experienced some major Geopolitical Tension as Iran invaded Israel and there is a fear whole world including the United States of America, Russia, China and other Middle Eastern/ Asian countries may be directly involved in this war if the situation does not norm quickly.

We have seen some big dumps in the world stock market and crypto market and the world's business may get affected by this situation. I would like to know what impact will it have on gambling ?

Do people gamble less when they see such tensions around the globe?

Will the gambling sites/bookies will have an impact on this situation?

The markets are made by people, and the people tend to panic, when something happens. The "geopolitical tension" exists since 2022(or even before 2022). Why didn't you ask the same question, when the Israel-Palestine conflict started or when Russia invaded Ukraine?
Did those "geopolitical tensions" affect the global gambling industry in any way, shape or form? The obvious answer is NO.
Maybe someone should conduct a survey about the amount of gamblers in countries, that are currently fighting, like Ukraine, Russia or Israel.
I don't think that it would be possible to gather enough verified data via such survey, because I can assume that gambling is forbidden in those countries, and most of the gamblers there are trying to hide their gambling activities.
109  Economy / Service Discussion / Re: Comparing Inheritance Services on: April 15, 2024, 06:04:08 AM
That's an interesting list, but I don't think that I would ever rely on a third party service to deal with the problem of crypto inheritance.
How can you be sure that those "crypto inheritance services" aren't potential scams? Is there any real feedback from people, who actually used those inheritance services?
Is it so difficult to just give your wallet passwords and private keys to your heirs when you get old? I know that there are cases of sudden and unexpected death of the BTC owner, but there's nothing we can do about that. I guess that life insurance can solve the problem, but crypto doesn't have anything to do with life insurance.
110  Economy / Economics / Re: Counting the cost of a ww3. on: April 14, 2024, 10:37:46 AM
The the Russia - Ukraine war is one war that the global economy is on what I will call the borderline of recovery from and here is another conflict in the Middle East  region somewhat a major supplier of energy to the world. if this conflict should escalate with other major countries (which I chose not to mention) getting involved the global economy might be hit with worse recession than we are currently facing.

 More devasting would be for those importing nations mostly those of  Africa, against this backdrop and in extension this can also have a significant effect on the price of bitcoin not performing high as investors have been predicting in anticipation to it's halving circle of a bull run as some actors are forecasting of an indeterminate impending ww3.

1.The global GDP keeps growing despite the war in Ukraine and the Gaza conflict. What do you mean by "borderline of recovery"?
2.The Bitcoin price went from 17-23K in the end of 2022 to 73K USD in March 2024, despite the war in Ukraine and the Gaza conflict.
3.Nobody wants to escalate the conflict in the Middle East. Nobody wants a World War 3. Not even Iran.
With all that being said, stop with the fear mongering and stop with the BS! Bitcoin survived many FUD attacks and many FUD news. I'm sure that Bitcoin will survive this FUD as well.
111  Economy / Gambling discussion / Re: Online casino gambling is more of profit chasers while land base is more of fun on: April 14, 2024, 07:31:57 AM
What is your opinion towards my research that online casino gambling has more of possesed players who stakes to make profits while the land base gambling is more of players who stakes for funs?

Writing one sentence forum threads won't do the work. Where's your "research"? Any link? Any article or survey/poll results?
Having the words "profit chasers" and "casino" in one sentence is funny. The casinos always win at the end. It doesn't matter if it's online or offline casinos. The people, who are "chasing profits" in a casino are simply dumb. Why do you think that playing games in an offline casino is more fun than playing games in an online casino? I don't see any difference. Maybe that only difference is that online casinos are more fun, because you are playing games inside your comfort zone and there's way less stress from social interactions. Maybe some gamblers are extroverted and want to go out and hang out with other people. I'm definitely not one of those gamblers. Grin
112  Bitcoin / Bitcoin Discussion / Re: It takes the balls... on: April 14, 2024, 06:36:14 AM
Everyone claimed that they wanted the dips, every friends I knew have been screaming about Bitcoin dips for weeks now.

Finally it's happening, are you buying already? Because I asked three friends via WhatsApp and they wanted more dips.

It seems that the Iran Israel conflict is affecting the price of Bitcoin but also do not forget that every bullrun has ever has a 30% plus drops on the way up, its obvious if you are good at reading charts.

It's all part of the game, so very normal.

The BUT here is how people get so weak after the dips finally happen and they do nothing, Wake the hell up, now it's happening right in front of your eye, do not sleep on it.

Instead of doing nothing, consider DCA.


The Bitcoin price dropped from 73K to 62K USD several weeks ago(March 15-17). Were there any big news about major conflicts back then?
Why do everyone thinks that the price drop is caused by the Izrael-Iran conflict? The Gaza conflict started back in October 2023, when the BTC price was below 30K and Bitcoin managed to double it's price during the first three months of 2024. I guess that not all conflicts around the globe are bearish for Bitcoin. And yes, a 10-15% price drop isn't anything big for Bitcoin. The traders, who want to buy the dip are waiting for 30-40% or ever 50% price drops.
113  Economy / Speculation / Re: Satoshi forces the price of bitcoin to continue to rise over time on: April 12, 2024, 11:09:48 AM
Halving is a way for satoshis to force the price of bitcoin to continue to rise over time. The fewer rewards given to miners will make bitcoins harder to obtain and rarer as time goes by. This is a smart strategy that Satoshi had and I just realized it.

The weakness of this strategy is that when Bitcoin fails to reach a high price after the halving until the next halving occurs, this can damage public trust and also harm miners. However, this weakness no longer applies because Bitcoin always has a new ATH at every halving phase that occurs. So, I believe the price of bitcoin will continue to skyrocket in the future.

What do you think?

I don't think that Satoshi was obsessed with the Bitcoin price back in 2009-2010, when one BTC was worth less than a dollar.
The whole idea was to create a deflationary currency, instead of an inflationary currency.
The demand is what determines the price of an asset or product. The price of Bitcoin would be zero, if the demand for BTC was zero.
The fixed supply doesn't change this. You could create an altcoin with fixed supply, but the price of this altcoin will be zero(or close to zero) because of the extremely low(or non-existent) demand for that particular altcoin on the crypto markets.
114  Bitcoin / Bitcoin Discussion / Re: Good bitcoin security starts with strong PC and mobile device security on: April 12, 2024, 07:08:47 AM
Some tech savvy people think that Windows is a virus. Grin I guess that I'm not that paranoid and I don't want to deal with Linux distros.
I have Windows Defender and Malwarebytes, but I don't use VPNs. I just don't trust the VPN providers that much.
I also would never use Bitcoin/crypto wallets on my smartphone(I have an Android device). I think that the mobile devices are a little bit more vulnerable than PC/laptops. Just don't click suspicious links, don't download suspicious files and don't use free public Wi-Fi. You will be fine just by following those tips, even if you don't have anti-virus software and VPN.
115  Economy / Gambling / Re: What are your expectations for Casino coins in this coming bull run? on: April 12, 2024, 06:28:29 AM
Quote
So, I am brining this dicussion to the gambling community here, and I have just three questions to ask, and they are..

1. Amongst the three casino tokens I mentioned above, if you were to invest in one, which would it be?

2. Are there any new casino tokens you think will do well in this coming bull run? Please tell the community and briefly introduce the project to us..

3. Overall, how are you expecting casino tokens to perform generally, in this coming bull run.?

1.I wouldn't invest in any casino tokens.

2.No.

3.I don't have big expectations about the performance of the casino tokens.

The upcoming bull run is about Bitcoin, not about shitcoins or tokens. I agree that some altcoins might follow BTC and hit the moon, but casino tokens definitely don't belong in this group. The price of a casino token is closely related to the performance of the casino in the gambling industry. If more gamblers are spending money on Betfury and Rollbit, their tokens will grow in price. This doesn't have anything to do with the supply and demand of those tokens on the crypto markets.
116  Economy / Economics / Re: When your Fiat currency fail, reboot and launch a new one -Zimbabwe ZiG on: April 11, 2024, 10:52:04 AM
Quote
The Central Bank Governor says, “We want a solid and stable national currency in this country”

Oh, really? I guess that this guy didn't want "a solid and stable national currency" in the last several decades, when Zimbabwe was suffering from hyperinflation. Or maybe this is the new Zimbabwe central bank governor, who replaced the old one, who was causing the hyperinflation(I'm not familiar with politics in Zimbabwe). Anyway, failed countries like Venezuela and Zimbabwe always try to fix their financial problems with "new currencies"(like PETRO in Venezuela), that are "backed" by stable assets. And the end of the day, this is all false promises made by dictators and corrupt politicians.
117  Economy / Gambling discussion / Re: Gambling and Betting. Why the Distinction? on: April 11, 2024, 06:39:44 AM
I was today years old when I found out that if betting and gambling isn't exactly the same thing. If you Google the word betting most of the  results will be in regards to sports betting. Also Google the word gambling and you will see most results refer to casino games. In my own opinion whether we bet on the outcome of a sports event or we bet on games of luck and skill in the casino, they are both the same thing. Which is why I wonder why there is this distinction between the two? Why can't we say casino betting just as we say sports betting or sports gambling just as we refer to the casino when we talk about gambling? I know it sounds weird saying casino betting or sports gambling but what do you think about this?

Sports betting is a niche in the gambling industry, but when someone says gambling, what comes to mind is the traditional casino gambling with games like poker, blackjack, roulette, etc. Lottery and bingo games are also considered gambling, but they aren't hardcore gambling, just a really modest version of gambling. You have to bear in mind that traditional gambling is way older than sports betting, maybe that's why many people make a distinction between the two. Personally I put sports betting somewhere between old school casino gambling and the lottery/bingo/keno games.
118  Bitcoin / Bitcoin Discussion / Re: Has Bitcoin been inflitrated by global elite? on: April 11, 2024, 06:00:08 AM
Between chain analytics companies, BlackRock, Saylor, centralized exchanges/government approval, demonizing/de-listing of privacy coins & wallets....etc, one has to wonder...has Bitcoin been infiltrated by global elite?

There is clearly a global agenda to gain control of populations, through every possible means. IMO, you have to very ignorant at this point to think otherwise.

Is Bitcoin really freedom money?

Well, can you stop the rich people and institutional investors from buying BTC? The obvious answer is no.
Every innovative financial asset, that gains global recognition will sooner or later be "infiltrated by the global elite".
I think that one part of the global elite hates Bitcoin/crypto(like Warren Buffet and Jamie Dimon), while the other part of the global elite is more open about new stuff. If you are so butthurt that Bitcoin is being "infiltrated by the global elite" then just don't use it and stick to Monero.
119  Economy / Gambling discussion / Re: UEFA Champions League 2023/24 Season on: April 10, 2024, 10:29:12 AM
There was a 100% penalty for Arsenal when the Bayern goalkeeper stopped Bukayo Saka. What's the point of having VAR, when such obvious situations aren't considered a foul? I don't know why Tomas Tuchel also wanted a penalty. An Arsenal player touched the ball with hands, because he didn't know that the game wasn't stopped by the referee. This doesn't seem like a legit reason to get a penalty.
Anyway, lots of goals in this round of the Champions League, which is great for the neutral fans like me. Manchester City and Real Madrid also did a great game with beautiful goals by Phil Foden and Federico Valverde. I expect City to finally eliminate Real Madrid in the next match in England.
120  Economy / Gambling / Re: 1xBet Biggest Scam and Violation of Terms on: April 10, 2024, 07:06:48 AM
Quote
I as a gambling addict said whatever and played in that casino for more , and that's where the real problem begins , i lost 1.4M USD in 2 nights .

I had every right to ask for a refund and closure of my account from 1xbet based on : 1. i am Iranian , i provided my iranian documents and choose iran as my country in 1xbet , and 1xbet fully verified my account with iranian documents and Country . This alone is illegal cause gambling is prohibited in iran and Also Iran is in banlist Of curaçao for gambling (which is where 1xbet got their license from) .
2. 1xbet changed my country to Bangladesh deliberately and refused to change it back to IRAN by my request .
3.i won many USD but everytime i won 1xbet refused my bets and every time i lost they were ok with it .

I'm confused. This forum thread is all over the place.
How can 1xbet verify your account with Iranian documents, since Iran is in their banlist?
I agree that 1xBet acted kinda sketchy by changing your country and letting you deposit and bet money on their casino. I guess that some crypto casinos will act this way and violate their own banlists, in order to get the gambler's money.
However, I don't think that you did the right thing. You are located in a country, that is banned by many online casinos, how do you expect to win a lawsuit against a casino? You need to stop gambling and focus on dealing with your gambling addiction.
Pages: « 1 2 3 4 5 [6] 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 ... 471 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!