You're hungry and there's no one sell any foods, someone offer you either a lunch meal or a Bitcoin, which one you choose? that's what happen.
When the world suffer of economic depression, Bitcoin will become worthless because people will try to save any daily needs as much as they can. Being rich aren't their dream anymore, they dream are only to survive.
However I'm not really sure what's the affect you refer, if you mean economic depression will make Bitcoin become centralized, it's completely wrong.
Well you are taking scenarios to the extreme. We usually do not assume that we would be in an apocalyptic mad max future. Most people do not build nuclear bunkers and most people do not believe that we should be taking survival paranoia to such extremes. Of course, the economic depression is going to affect Bitcoin, but we are only talking about supply and demand. Of course prices will fluctuate and Bitcoin itself has a supply and demand. The supply being finite does not automatically mean that there will always be a demand. But in the foreseeable future, Bitcoin is going to take over as the global money and replace the old generation of money, so it is the demand of fiat, which you should be worried about. I am not going to keep more fiat than I have to. Bitcoin Funds > Fiat Funds |
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There are many gamblers that can gamble just to have some fun and make money in the process and there are some that focus on gambling only to make money so I would like to ask such people a question.
would you prefer to gamble in a casino and make some money or learn about futures trading and make some money?
Which one do you actually find to be more easier and I believe that futures trading is also capable of giving someone life-changing money but which one do you believe is less risky than the other?
Futures trading is gambling for traders. For regular gamblers, its not really fun. But with futures trading it feels like you are in control because you somehow think you can predict price movements or market sentiment. Just like with day trading. But the danger in the first kind of trading is that you can get liquidated, aka lose all your coins. With regular daytrading you might have less than you started with but you will not lose all your money just because of a single bad market movement. Either way you are 99% not going to be making money with futures trading nor with daytrading, in the long run. Prices have too much volatility to be considered profitable trading. You get liquidated eventually. |
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I've studied most Bitcoin investors, those who have money to invest are the ones going around looking for someone to teach them how to invest, the first thing they want to learn is how to use the exchange to make purchases using Fiat on the exchange, they are always in hurry, they have no time.
Those who don't have money, have all the time to keep learning and reading stuff online about Bitcoin and the crypto space, they have no reason to be in any hurry and it seems they are the ones that avoid the unnecessary dramas in the crypto space because they took their time to learn first.
Do not walk away from Bitcoin investment because you don't have the money, it's even better not to have money because you will have the patience to learn more about everything, and when the money comes, you will be able to avoid many dramas.
The amount of time one does research can be quite lengthy. If one buys Bitcoin before understanding much of how it works and how to buy and sell it, then at some one will pay an expensive real-time lesson. The guy who cannot buy any Bitcoin and spends his time researching it before he buys any, may have the advantage of learning more about it without losing money to newbie mistakes. But the argument can also be made that during his time researching, the price of Bitcoin may have risen significantly and during such an event, the earlier investor is the clear winner. So both sides can have their pros and cons. Personally, I just dove right in. If you have a healthy brain, its easy. If you have an irrational or rash personality, then studying Bitcoin before investing into it is the preferred course of action for you. It really depends on whether you are confident in your abilities or not.   |
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........
Let's enjoy the "spoils" of a much appreciated strong bull run.
Agreed!.. Lets enjoy the spoils! While this run off the bottom has indeed been impressive, I'm not yet counting my eggs. It feels like the newcomers in the market don't really understand the problems that Bitcoin faces and are instead looking to pump themselves to riches and bonuses. This will ultimately lead to the failure of Bitcoin their own financial failure. However, that is a long ways from where we are currently, so for now all you can really do is enjoy the ride and wait until a proper exit point when BTC has reached new all time highs. That's when I'll enjoy the spoils. Right now we are still less than half of the way to the recent high, so I'm not excited yet. I'll start becoming excited when we pass $50K and the FOMO begins anew. FTFY. |
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is it a joke or what?
i personally dont think that its a real deal to go up with.
Rumors that shiba inu is like bitcoin yet i dont see many websites using it. is there any earn-money site paying in shiba inu?
Shiba Inu is definitely what most people here would refer to as a shitcoin. Not only did the tokenomics development process get interrupted by giving 50% of their ERC-20 tokens to someone who they thought would never sell them, but that person gave a big chunk of them away. So we know that half the value is in the hands of someone (Buterin Vitalik) who does not care about throwing his Shiba Inu around, but also that there is no point in Shiba Inu as it is just a Doge lookalike which brings nothing special to the table. It is flourishing on its meme value potential. Memecoins eventually lose their value and become irrelevant. Choose wisely where you plan to invest your money into. I suggest not going under the top 10 coins on coinmarketcap, although as you can see, Bitcoin is always the top option. |
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Many people find it difficult to accept who they are and the bad habits that they have, accepting a habit is the first step that will determine if any help offered to you will work. As a gambler, will you find it offensive if you are referred to as a gambling addict? will you easily accept it or try to give excuses like some other people do, saying that they are not addicted to gambling when the signs are clearly there. Do you think identifying as an addicted gambler will make people stereotype you. The answer is different for every gambler here.
I think I would be very insulted if somebody called me any kind of addict, regardless of whether its a gambling addict, drug addict, alcohol or smoking addict. It is understood as an insult to those who are not addicts. Now, if somebody would tell me that I am expressing symptoms of addiction , then that is not something I would get mad at. I would question the person and make a judgement of myself, should the facts all check out. It is imperative that one understands why one is being associated as an addict. But telling someone to their face or worse, to someone else, that one is an addict, as if it were diagnosed fact, can be wrong and very harming to one's reputation. |
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I am this close to making double of my money yesterday when I looked at my Bitcoin wallet, this was the Bitcoin I bought at 17k with two acres of farm lands I sold in 2022, I still feel very happy right now because of my decision, I believe that some risks are worth taking and mine is paying off, some people tried to talk me out of this, if I have keep the lands yes it could grow big in future, but the fastest growth of Bitcoin is far more enticing for me.
I am not trying to tell anyone to sell their properties to buy Butcoin, I have more lands that's why I am able to sell for Bitcoin, I think it's wrong having a land or two and sell because of Bitcoin, but if you have more, it's going to worth the risk, nothing grows insanely well like bitcoin does.
I am excited to see how 2024 and 2025 will play out, tell me, is anyone taking such risks with Bitcoin investment? Do you think I went too far selling something as valuable as lands?
There is absolutely nothing wrong with saving up money because you wish to buy something, neither is there anything wrong with accepting somebody's money in exchange for something. In the case of Bitcoin, I and many others consider it money already. So there is no problem. But everyone has a different moral belief system so there is no point in debating any of it in the first place... It is even very smart of you to invest in Bitcoin, but such large amounts of money in a market which is scarily volatile is a recipe for disaster if you let your emotions buy and sell for you. I hope you know it is best to hodl. Lands are becoming more desirable with the ever-growing population. But honestly, that seems like an investment for your great-great-great grandchildren, not for yourself. The fruits of Bitcoin, on the other hand... |
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I followed a rather hilarious development between Mark Zuckerberg and Elon Musk. Both billionaires want to have a fist show down on who is top boss or for other reason. In a clash for the ages between two of the world's richest tech titans, Elon Musk and Mark Zuckerberg have vowed to throw it down in a cage fight in Las Vegas.
https://www.dailymail.co.uk/news/article-12223003/Who-win-fight-Elon-Musk-Mark-Zuckerberg-billionaires-agreed-fight.htmlMy question is if this is just one of many marketing gimmick to make money or create awareness for a project they might be working on. Who would win of course? Can such a fight influence the crypto and stock market world majorly? I also know bettings would be made for this, incase it goes down as reported. Who are you betting on? It is obviously nothing but a marketing gimmick. A PR stunt. Billionaires are the worlds biggest wuss's. They are definitely not going to fight. At the very least, not for real, anyway. If Musk and Zuckerberg wanted to do some good then they should have make a PR stunt for Bitcoin. But it will probably end up being some joint project which will be the fad for a while, but eventually even the billionaires will get billionaire-adhd, become bored and leave whatever they were promoting. Metaverse and "mars" mission were easily scraped, just like that. I am not expecting anything great to come from these rich egomaniacs, and I will not be taking a fake fight seriously. Obviously not a good betting opportunity. |
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You don't know the owner, but what makes you sure to deposit bitcoin to exchange?.
what makes you sure that your Bitcoin arrived safely and was not taken away by the owner?
I always thought that,
same as banks, I don't want to save it for long time, because banks often go bankrupt, and the owner run overseas.
I agree completely. Anyone who deposits their coin into a third party wallet, especially one that is connected to a centralized service, such as a crypto exchange, cannot be trusted with their own money. The very point of Bitcoin is to be your own bank. But people would rather give it all to an exchange. Why should someone else decide what happens to your wallet and you coins? Perhaps people think that somehow, they are more insured this way. But if the exchange loses everything, you will have no money but instead only a claim that someday, they have to pay you back. |
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As a morally upright person that does not like to cheat people, but gambles and has lost a lot of money to gambling in a casino where you have sometimes been cheated even without your knowledge or betting on sports, will you take an opportunity you get and go against your moral standards to cheat a casino or sportsbetting place, just so you can win big at least even once.
Will you try a trick to win on casino game machines if you were told and it is a 100% working trick to cash out? Will you bet on fixed games if you get the tip early?
I am not going to say I am morally superior or anything because the truth is, depending on the amount of money from the cheating, I may be tempted. But I think the same goes for everyone. Especially the more in need of money they are. So, we are all only human- in essence. In my experience, the more money a person has, the greedier they become. The rich would definitely find no moral qualms with cheating a casino out of their money. They would probably give a excuse for their actions, such as "the insurance company of the casino will pay it" or something. All I can say is I hope that I can resist the temptation, should the time come. |
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 I don't know whether you have been to Bali or not but Bali is one of the world's tourist destinations, unfortunately Bali still has a governor who is not friendly to bitcoins and cryptocurrencies so he informs every tourist not to use bitcoins as payment. Previously, the governor of Bali (his name is Wayan Koster) had gone viral because he refused to allow the Israeli national team to play in the U20 World Cup, previously Indonesia was chosen as the host. with rules like this, do you still want to go to bali? Tourists in Bali Warned Against Using Crypto for Payments, Governor Says They’ll Be ‘Dealt With Firmly’: Report Read more https://dailyhodl.com/2023/05/29/tourists-in-bali-warned-against-using-crypto-for-payments-governor-says-theyll-be-dealt-with-firmly-report/I was not planning on going to Indonesia anytime soon, anyway. They do not want to accept my money, which is accepted almost everywhere in the world? No problem. I guess their Bali governor is just as misinformed, arrogant and ideologically submissive to the dictatorial ruling class. What kind of normal person would want to go on vacation to a authoritarian developmental state in the first place? There are better places to go. As I understand it, the entire crypto debate is stuck in place due to religious ideology. Thats the only reason. But hey, feel free to buy and sell stocks, right? Until Indonesia acknowledges its misadventures in trying to ban crypto, there is no point in going there, for a coiner, anyway. |
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BTC in the near future 2 options. If it goes flat for several days, it can continue moving up to $34-35000. Then a drop to $23,000 and down.
With a higher probability, I now expect a gradual decline to $21-23,000.
Not financial advice.
I expect you to be hodling an empty bag when Bitcoin goes 100k. Also not financial advice. |
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JayJuanGee is trying really hard to get behind the secret of me lucky charms... As to the question of did I make a higher trading profit than him:  |
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Getting rich is a matter of pure luck.
That's what becoming rich is, just a mathematical probability. The majority of people are not poor because they choose to remain in the lower classes. They are poor because no matter if they invested or not, it was a string of bad decisions which, financially, put them in the lower classes. That is nobody's fault. Looking down on non-rich people never carries a good moral reason. Some people spend their lives trying to build a fortune. Others make a tiktok video which makes them incredibly famous and they leverage that fame for money and become rich. But you can always engineer good luck. All you need to do is have the right mindset- investors have a higher probability of getting rich than non-investors, for example. So by becoming an investor you raise your chances at making a lot of money.
Manifest your fate!
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The rapid development and advancement of AI is something that everyone is aware of. AI has truly come to stay with new ideas being implemented and released by different companies.
However, I'm a bit curious on how AI would affect cryptocurrency in the nearest future. Will it be majorly positive or negative? Let's all share our thoughts on this.
I think the effect would be rather positive, just as with any new technology which brings improvement to older technology. But at the same time I cannot see how AI is going to be a largely positive force for crypto. Can we even include AI into blockchain and have it still be decentralized or will AI have to sit on the centralized sidelines as a support function of sorts for blockchain? Decentralized AI, that will be interesting to see. Only then can we talk about crypto and AI. Until then AI remains a neat gimmick for the crypto world, like 3D TV's. Although there may have been advancements that I have no knowledge of, so take my post with a grain of salt. |
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while your country plans to ban crypto trading but online gambling legal, you'll gonna to decide what to do with coins. would you go play your coins to accumulate or just withdraw and wait for the government to change stance? no other option.
I would think that while crypto gambling being taken down would result in a sharp price decline in crypto prices, I doubt it would have a permanently damaging effect. Why in the world would I give up my Bitcoins just because casinos got taken out? Cryptocurrency is much much more than only crypto casinos. Ironically giving up your coins in such a case would be a bad bet against the future of crypto. Also, I very much doubt that you will not be able to gamble with crypto in other countries, in which crypto gambling has not been outlawed. So the coins definitely will not lose their value (at least not long term) over something small like this. I doubt I will ever want to trade in my coins for fiat again. |
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Gambling brings so much joy especially when you're on the winning side, when things are all in your favor it just seems like you should never stop. But when it gets bad, you look for a way to pour out your anger, either on someone or on something.
When someone is addicted to gambling I feel it's worst than one who's addicted to drugs.
So much has been said about betting companies regarding how they should be responsible in helping those who are addicted to gambling, although is really hard to do so on there own path because gamblers can't be monitored.
I don't know if booking an appointment with a therapist would help or is something you as a gambler who wants out should do on your own.
The question is if you're a gambler or have someone who is, what's the best way to help out. And what's your story on escaping that addiction (gambling)...
How do you fight this battle?
It really is hard, and I am talking from experience. There is nothing heroic or brave about people who like to pretend otherwise. If you do not want to lose a large amount of money when out-of-control-gambling then you need to set up rules for yourself before you even decide to enter the casino in the first place. Discipline is the key. I believe that as long as you keep yourself disciplined to following your own rules then that alone should ensure you do not gamble emotionally or irrationally. If you cannot keep yourself in check, mentally, then you should not be gambling in the first place. |
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The betting agent sounds extremely shady and probably criminal. I would stay away from such people as far as I can. The gambler and the agent should both know better, so there is no one party which I would say is to blame. Or at least not to blame alone. Nobody is making the gambler take out a loan from someone so shady and nobody needs to tell the betting agent that his loaning decisions are not only unwise but also can be considered evil. From my perspective both act out in stupidity and both will get what they deserve in due time. But thats just my view on this particular matter...  |
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Gambling if not checked cam lead to a devastating condition for a gambler's life. As a gambler when you allow yourself to be controlled by gambling instinct instead of having control over it, it repercussions doesn't particularly affects only you but goes beyond just you to those around you.
A woman was giving an account of how her gambling husband has been problematic to her with his gambling attitude. She gave an instance of how her husband had to steal her jewelry and sold it to get money to carry on his gambling enterprise. And unsuspecting of her husband the woman accused their come-and-go house-cleaner of making away with her jewelry when the cleaner must have come to the house for her cleaning services that very faithful day. She got the cleaner arrested, but then, investigations where carried out which it was uncovered that the woman's husband was the one who stole her jewelry for gambling and not the cleaner.
It is difficult to grasp or imagined the level of humiliation the innocent cleaner must have faced for an act she knows nothing about.
A question that bothers me concerning this issue is;
1. Do gambling addicts ever take a second thought on what the consequences of their actions can be not just to them but on those close to them?
2. Do they in reality genuinely feel any remorse about how those affected by their actions might be feeling?
3. Or, are they a dispassionate victim of their own uncontrollable addictive gambling lifestyle?
Gambling addicts are not some subhuman trash, although some can be, and act such a way. The very problem in addiction, whether its from gambling, drugs, alcohol, food etc. all points to the same physical cause. The brain chemistry of an addict is going haywire and is not as it should be. This Dysbalance in for example, dopamine receptors that cannot work properly after being abused by dopamine draining drugs or behavior. So what it really is is a neurological and mental illness that needs to be treated professionally, otherwise the individual does not stand much of a chance beating it him/herself. And thats the point in which things become desperate. So the things they do and say is understandable, even if its not tolerable. I get what you're trying to say here, and I sympathize with them as much as the next guy who's aware of the risks and dangers of being addicted to gambling but at the same time, if you let yourself be stuck in that situation, cause let's face it even though your brain's going haywire you still have agency over your actions and words which in all manners of the sense makes you liable for every action you'd take from here on out, including the use of intervention to prevent further succumbing to addiction. That's why we have people who could quit smoking, taking drugs and all that out of their own volition or assisted by a professional, it all starts within the self. So you can't really absolve them of any crimes they will commit just because their dopamine receptors are fucked. That wouldn't hold up well in court. Of course we cannot let them off so easily, just because they are addicted - they still made their own decisions, whilst being warned by others not to do them. Everything is their responsibility and in no way do I condone such actions. Why should someone be spared the consequences of their own actions? That is completely fine by me. What I am saying is that addiction is not well understood. And I am certain that if addicted criminals get the professional help they need, while in prison, then there is almost a 100% chance that they will keep going against the law once they get out of prison. Rehabilitation is important. |
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So this was the ultimate plan all along....  Of course the obscenely rich are manipulating the SEC to take out the largest players in the crypto exchange world for power and profit, but I am not at all phased by this. Primarily because centralized exchanges need to die out. This tweet is, if anything, just another a testament to that fact. Bitcoin never has nor ever will need a centralized entity in order to be sold, bought or transacted. Exchanges are just the factor for convenience. I trust a decentralized solution will be thought of, for the poor-coiners who leave their money in the hands of third party wallets just because it makes buying and selling Bitcoin easier. But that comes at a cost: The government literally owns your money and wallet, if you put your money in a centralized exchange wallet. A centralized entity can be bullied and forced into doing what the government wants. |
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