Yeah but illegal mining operations are not new and every few weeks we see a new thread here demonstrating the mishaps that have happened in different mining centers, illegal of course. I remember a thread on Russian miners which caught fire but luckily no one got hurt. In the similar manner, if someone gets caught, then legal action would be taken.

It is better to be safer than sorry in this case. You should not steal from the grid, you will be punished. Your friend if still not caught should stop doing this and sell their ASICs.

Exactly, most people are not having it first hand unless they learn about it. It makes much more sense to buy bitcoin which only takes a few clicks and a lot of fiat money from the buyer's side while mining is a chore on its own. Not to mention that with warmer countries, heating is an issue and electricity is not cheap.

Buying BTC does not necessarily mean just sitting on it. Some people will actively trade. Some will sell at the long term. All this depends on the buying price. But the amount of attention that it needs is much less than having to run a farm of miners.

I am not an official spokesperson, but as far as my knowledge goes, previously they operated freedoge, but they shut it down to focus only on freebitco.in and at present this is the one and only site they manage.

Any other faucet that might be using a similar looking template or script, is not affiliated with them and your should exercise due caution when dealing with them.

Give it some time, try refreshing the browser as well. Check the transactions list under the "Stats>Personal" page.

No No, you dont trust someone to trade your bitcoin with, at least I would not recommend doing it, even if that person is a very close friend or family. Unless they are your parents or your next of kin, even then it is tough to trust someone in this sphere.

You should learn trading on your own and there are immense number of articles and videos to demonstrate the same. This forum is also very helpful if you need to clarify specifics.

Anyone who has access to your wallet private key can spend your coins, please be wary of that. Secure your wallets and never store the coins on exchange wallets.

Religions want people to follow a clean path to life. This comes from the religious leaders observations of the ones who perform vices having a bad impact on the lives of their families and themselves.

However in this 21st century, these beliefs should be filtered and the gist should be understood by the public - which stands in this that gambling should be moderated or stopped, otherwise it becomes and addiction and leads to ruin.

Of course this is for their own good, but the choice is their own.

You can also explain this is another way, the number of jackpots a gambler wins, if compared to the total losses that same player has, you will realize that the cumulative loss is bigger than the jackpot, making the casino the net winner. We think that winning the jackpot means the casino was "beaten" or "defeated" but this is totally not the case and the casinos love making this a news of the day printing it on every newspaper only to raise the false image in the minds of potential gamblers that casinos can be beaten.

It is a nice method of marketing that they have and I love it, because investing in casinos is hence very profitable.

Luck is applicable in every aspect of life, be it gambling or not gambling, hence there is no need to define it or clarify it. It is always there like an omnipresent thing, making changes to your effort for the good or bad. Hence we should not depend on luck but on things that we can control like working hard for a living and living a quiet monk like life.

The more you take a risk the more chances the luck factor comes in to haggle it and the risk increases. These are things we cannot control and thus gambling is never a stable income. Even in an EV+ game, some luck factor is always there.

Shitcoins promoted by celebs did run in troubles and then the people who had invested understood their mistake. This is learning the hard way and also leads to bad impression on crypto even though it was shitcoins and not bitcoin.

To be honest, there are many people get influenced by celebs because they are seen as some sort of gods in their eyes. Very few actually understand that they are doing this only for the money and nothing more.

I started because of my own gains and to be able to pay people in crypto. Eventually I started collecting bitcoin seeing its potential for the future, someone else might not be interested in these things.

We did hit the new all time high on March 14, 2024 which was a funny looking number of 73737$ 

We are trying to get the Indian subsection revived again for the last few months. We need both activity and merits. Activity we can all contribute and bring forth and merits we are currently lacking but work is being done for that too.

If a gambler is giving money as loans, they are a loan shark, there is no shame in that. The source of money is less important but such sharks will not be able to sustain for long because of their gambling habits. So a long term shark usually does not spend their money recklessly but prey on individuals who might need money.

Of course there is no need to judge how they acquired the money in case of emergency, religion can do what it wishes to, someone's life being saved is way more important and is the next possible thing to redeeming yourself beyond what the narrow vision of religion can see.

Staking on the house would not be a bad investment because the house will win in the long run but staking your money to wager it on games is a bad choice if done recklessly. Sometimes overconfidence builds up and players tend to make these mistakes. They rarely get the chance to think their decisions twice because the greed factor is clouding their thoughts.

The outcome is actually one-sided because the ones who lose will obviously chase the loss and become addicts. Even the ones who win will increase their confidence and gamble again till they lose and get entry into the first group.

Sucks but this is the prime reason why most people in this world lead a miserable life. They give up at the first instance of something that puts them off. They dont think the opportunity that lies inside if they stick around and learn a thing or two to eventually become a part of that group.

That is called diplomacy and most of the people fail to use that method to climb the corporate ladder. Learn it and you might actually be able to use it somewhere.

In either case, it is your choice, so see you around.

Taking your words at face value, assuming you did not have any prior experience with trading on another speculative market, this is tough to believe to be true.

If you are telling the truth then all the best to you but most newbies will end up buying at the high and selling at the low eventually making a huge loss. But those who do dummy trading learn this folly and eventually buy at the low instead.

If your method is correct, the luck factor is low in case of bitcoin trading. For altcoin trading unpredictable swings are common and thus more risky.

I am surprised to see that airdrops rewards are directly getting to a more liquid currency to be able to spend on casinos. Normally casinos allow only the top coins out there but not the recently launched airdropped coins. The later would need time to get listed on exchanges and then converted to high order coins - like BTC/ETH/DOGE/LTC or any of that before being spent.

I would like to know more about what I said above if the OP can gather the information.

Still they are wrong and it is out fundamental duty to teach them that the folly in airdrops is that the owners are stealing private data from the participants, this should not be encouraged from the participants side.

To be honest, FA and TA are most of the time going to end up in a 50-50 debate. The only use of analysis is to get an idea about the possible market sentiment and the possible movement that too in the short term and not the long term. The long term is always upwards.

So you do TA for alts, it is going to go haywire and you can see it yourself. But you might get a better outcome if you do the TA with bitcoin only and focus more on that. Altcoins will follow bitcoin, because they have no value of their own - literally speaking.

Still it ends up being a tough choice to make in the short term, which is why I advice newbies to not go for day trading but only stick to long term.

When you are lending out money to friends, it is not necessarily a loan but more of a gift. So keep that in mind if you ever wish to become a loan shark. If yes, you need to stop gifting others and be strict when it comes to your money.

Most gamblers have the habit of acquiring money in order to gamble on it. Just like a drug or alcohol addict who will attempt to do the same to fund their addiction. Unless you follow up your strict "No" they will continue to nibble at you.

Gender does not matter, an addict in a addict, the first step to stopping them is denying them the money.

Life is full of different types of risk, but we are taking them and living our lives healthy and happily. This proves one thing, that the human willpower to take the risk and to follow it through has not bounds and hence we must be careful about weighing out the risks we are taken and attempt to minimize those that are not necessary.

We cant eliminate all of them but we have this risk/benefit ratio thing that can help us judge what would be a more beneficial risk as compared to less beneficial risk.

It is a theoretical concept but we apply this everyday without knowing.

I am of the opinion that the OP can actually make a good hustle from the forum campaigns if they put in a little more effort in writing well thought out posts and is regularly posting in sections of the forum that they are knowledgeable in.

This could in trading and economics - considering their background in forex and eventually learn about bitcoin enough to post in other sections too.

It is all just a matter of taking the first step. After all OP's account is 11years old and we need the old timers to come back to the forum and not abandon it.

Who else agrees with me?

Hey everyone,

Appreciate all those who have chimed in with their comments, you all made my day!

As for the recurring theme of why I did not take posts from the Indian section, the simple reason is because in the last 2months there has been very little traction in that section. Having generic threads and discussion posts does not make those posts merit worthy, which is why I did not take any of those into the OP.

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@logfiles, there is no official mother tongue in India, we all have our own regional languages but English is spoken by most of us and hence we converse in that. This is both a boon and bane in the context of being in this forum.

How much we can actually fund our retirement is pipe dream. In truth we will be spending most of it in emergencies and needs. You may be using bitcoin for the same while your forefathers have used fiat.

Truly, bitcoin is just a method to transact, it has its differences but you just transact with it or store it. You will have to spend it or pass it over to the next of kin. So being a hodler if your job is not a stable one, your chances of having to spend the bitcoin for needs is much high. Hence I always advice newbies to have a stable job and keep bitcoin in the side hustle not the main.