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Unfortunately the Bitcoin/crypto world is a scam-friendly environment, because the transactions are irreversible. Sometimes I wonder if the amount of scams happening in the crypto world would be way less, if the transactions were reversible. Anyway, we can't make the transactions to become reversible. It is what it is and we have to always be cautious about our coins and the people we are making business with. I'm sure that many victims of scams are also blaming themselves for believing the scammer, but it's always easier to blame someone else.
There will be scammers around the world, as long as there are ignorant people with money. This will never change and it doesn't matter if the scams are made in the crypto world or the fiat world.
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The history of Bitcoin has shown that the big bull runs happen several months after the BTC halving, not several days after the halving.
With that being said, I don't understand the excitement about an event, that has almost nothing to do with the supply and demand on the Bitcoin markets. Maybe the theories about BTC "breaking the cycle" and having a big bull run right after the halving will come true, but I'm skeptical about this. I expect the selling pressure to overcome the "halving FOMO phase" and this would lead to a price correction during the second half of April.
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A few years ago, NFT was launched and it set the market ablaze. Many NFT projects emerged at that time, which left investors confused. They began investing in new NFT projects without understanding them, resulting in significant losses. To this day, these investors have not been able to recover from their losses unless they sold their NFT.
Currently, meme coins are gaining popularity, with a new coin appearing in the market almost daily or weekly. The prevailing belief is that meme coins offer the highest ROI, which they are delivering.
Then, why not create a platform for predicting the performance of any cryptocurrency or a platform for predicting future trends in the market or both?
What are your thoughts on this?
1.NFTs were mostly pump-and-dump scams. Check all the Logan Paul NFT projects. Total pump-and-dump scams 2.Meme coins are mostly pump-and-dump scams. Why would anyone with a brain invest money in a memecoin? So you want to create a gambling platform, where the gamblers will bet money on the performance of various pump-and-dump scams? Good luck with this. Maybe you could create a crash game, where the gamblers will have to predict when the price of a certain NFT/memecoin scam will crash and the creators of the scam will run away with the money  |
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1.Twitter doesn't exist anymore. The platform is called X. 2.What's the point of this forum thread, OP? Do you want to brag about your achievement? Do you want to sell this bot(maybe as software-as-a-service or something)? Can you prove that you have created this AI BTC price predicting bot? Sharing a Twitter/X username doesn't work as a valid proof. Maybe you should move this forum thread in the Project Development forum, since this looks more like a project to me. Anyway, good luck with your AI programming journey and I hope that you will make a better AI price predicting bot in the future. |
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Furthermore, with the emergence of programmable money and decentralized finance (DeFi) platforms, what are the potential ramifications on central banking functions, monetary policy transmission channels, and the efficacy of conventional tools such as interest rate adjustments and quantitative easing?
Additionally, considering the finite supply of Bitcoin and its deflationary nature, how might its status as a store of value impact consumption patterns, investment behavior, and macroeconomic stability in the long term, especially in contrast to traditional fiat currencies subject to inflationary pressures?
Moreover, as regulatory frameworks evolve to accommodate the maturation of the crypto ecosystem, how might differing regulatory approaches across jurisdictions influence market dynamics, investor sentiment, and the overall resilience of cryptocurrencies as alternative financial instruments?
Lastly, with the rise of tokenization enabling fractional ownership of assets and the potential for democratizing access to investment opportunities, how might this democratization reshape wealth distribution, asset allocation strategies, and the traditional power structures within financial markets and economies? 1.The central banks will keep dominating the financial world. DeFi cannot change this. 2.Whoever wants to buy BTC and add it to his/her portfolio is free to do so. I don't think that Bitcoin will have an impact over "macroeconomic stability" or "consumption patterns". 3.This question cannot be answered with one or several sentences. Someone has to conduct a research about the impact of crypto regulations across the crypto investors in various jurisdictions. 4.Nah, tokenization won't lead to redistribution of wealth and resources. The rich will become richer and the poor will become poorer. Tokenization is BS, if you ask me, but many not-so-smart people believe in it and they will lose money because of that. |
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He lost the fight and he still made a lot of money from his uncle and his uncle's friend, how brilliant? Since they use a large amount and also on the biggest odd, but I think about the other gamblers who chose to bet on him because there was assurance that he would win the fight. Isn't this called "conflict of interest"? What if somebody finds out that this guy(and his friends and relatives) has made more money by losing the fight instead of winning? Can't all the people, who bet money on him simply start a lawsuit against him? At the end of the day, this is cheating and the people, who bet money on him were scammed. And yes, the "Jake Paul vs. Mike Tyson" circus isn't a serious boxing match, so i wouldn't recommend anyone to bet big money on this circus. I'm sure that it would be pretty easy to prove in court, that this guy and his uncle made money by placing bets on the other fighter. |
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Is this good advice for those who can't afford a hardware wallet?
Using a Bitcoin Electrum wallet or other, disconnect from the internet before generating a new seed and never connecting to the internet again.
Until you are ready to sell everything in that wallet.
Is this practice similar to using a hardware wallet? This advice came from a man I know who said to have been keeping his BTC since 2013 in the same manner, he said the internet/online is the culprit or enemy of every crypto wallet.
I guess that you are a little bit paranoid here. Electrum is really secure. You can add additional words to the 12-word seed. You could create a multi-sig wallet on Electrum(multi-sig wallets are more secure than standard Electrum wallets), or you could simply add 2-factor authentication. Those 3 options can totally enhance the security of your Electrum wallet. Are you really sure about "never connecting to the internet again"? You will have to connect to the internet, when you decide to sell your BTC. Do you plan to keep BTC forever in that wallet, without touching them ever again? This seems weird. |
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While we are so comfortable about the potentials of the decentralized digital currencies such as the Alt and the Bit coins and its centralized exchanges in the blockchains, let's also understand that the Fiats has an advantage over it that you'd have somewhere to go to and someone to hold responsible in some cases that your fund in the bank is tempered by a theft or otherwise than that of Crypto that it's transactions is operated anonymously
Everything is life is not so balanced are when you're dealing with the sweetest parts of it, we fails to consider the bitter side of it.
Most of us as at times thought about how Crypto could dominate over financial exchange for payments without considering this certain advantage of the Fiats and also considering that most persons still lives a primitive live to cope with the digitalities of advancements.
Good luck getting your fiat funds back, if you send them voluntarily to someone. The bank can't be held responsible, because you decided to send the money in your bank account to a random scammer, who promised you something. I don't consider this to be an advantage. Even when the scammer gets caught, the court case could take years and getting back your money would be a really slow process(if there is any chance to get back your money). The biggest advantage of fiat money is the fact that you could spend them easily everywhere. You can't do the same thing with crypto, because the number of merchants accepting cryptocurrency payments is really small. |
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Never get emotional about your loses. If you lose multiple times in a row, just quit gambling for a while. Losing is a part of the game. Nobody wins all the time. If you get too frustrated about your loses, just gamble with small amounts of money and limit the time frame, in which you gamble every day, like 2 hours a day(or maybe you should gamble 3 days or 4 days per week). Gambling every day could lead to an addiction, if you are not mentally stable enough. I don't know how anyone could benefit from his gambling loses. There's no clear benefit. Maybe there are gamblers, who are having fun, even when they lose. I haven't seen such players in my life |
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if that $669,500 was any significant part of her net worth then you have to wonder how someone could be THAT DUMB. Most old people are losing their cognitive abilities at a certain age, which makes them dumb and gullible. That's why seniors are the main victims of online scams. By the way, why did you post this forum thread here? Is it because she was using Bitcoin ATMs to send BTC to the scammer? Banning Bitcoin ATMs won't solve the problem. The scammers will always find a way to convince her to send them money. In most cases, the scammers convince old people to send them gift cards. Why aren't gift cards banned? Having 700K in her bank account mean that this old woman was in a pretty good financial state. I don't know why a rich person would play lottery games or sweepstakes, but as I said, old people start losing their minds at a certain age. |
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Why can DoCryptoBet.com compete with other Bitcoin casinos and betting web sites?
- We are available on mobile, desktop, and tablet devices
- With us, you get betting options for all major events in the World
- Max bet is up to 1 BTC on match!
- We offer 24/7 live chat and email support
- The fastest & most secure payments you can find
- Daily Price Boosts, Free Bets & Free Spins Shocked
- 1500+ Games in an award-winning crypto casino So you think that you can compete with the big and established crypto casinos by offering exactly the same features every big crypto casino is offering? Name one big crypto casino that doesn't offer bonuses, free spins, 1500+ games, 24/7 customer support and a mobile friendly website. All the things you've mentioned are the most basic stuff every casino should offer to it's customers. The problem is how to offer something more and stand out from the crowd in this highly competitive business. I don't have a clear answer to this question, because I don't own a casino. Good luck with finding new customers, OP. |
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The second penalty for Chelsea against Manchester United was questionable. Nevertheless, this was a pretty dramatic match between two inconsistent and weak teams. Both United and Chelsea have problems in defense and it's obvious that both teams will have big problems reaching Top 4. I was surprised that Antoni managed to assist Garnacho for one of the goals. Antoni seems like the most useless and incompetent player in Manchester United. Andre Onana made a lot of saves in the last few games, but he can't help for United's weak performance in defense.
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First, People will need to Invest in Cloud Mining and Mining Bitcoin. That will be Part of the Price going up. There will have to be People that are Constantly involved in Mining and getting more Bitcoins, but mostly Holding them for the Future with Plans to Sell them for a Higher Price. And we want People to have Mining Machines that they can use for Other Currencies, we will always want there to be People Mining. And very Soon, we will be Helping People to use their Old Machines and Things by Creating New Currencies in the Van Kush Family Network, but that is beside the Point. But the Point is that we will always want People to be Mining, with Laptops, with ASICs, all of that will be Happening. 1.I stopped reading after OP mentioned the cloud mining BS. Why should the people invest in cloud mining scams? Why should they invest in BTC mining? BTC mining is currently done in big mining farms with expensive equipment on an industrial scale. You can't mine BTC on your PC anymore. Why would investing in BTC mining boost the Bitcoin price? Buying actual Bitcoins can help in boosting the BTC price, not investing in mining. 2.What the hell is this "Van Kush Family Network"? Another shitcoin? |
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Over 95% of the US dollar is digital and all of the digital dollars are in the custody of a Bank. When you make a purchase or transfer your US dollars your transaction is tracked and approved by the bank and by extension, the US Government.
Can you consider a transaction that is monitored and approved sound?
I think for a money to be sound you must be able to transact privately with no third party in the transactions.
What do you think?
I asked Bing AI about sound money and here's the answer: Sound money refers to a form of currency or financial system that possesses the following characteristics:
Stability of Value: Sound money maintains a relatively stable purchasing power over time. It is not prone to sudden and extreme fluctuations in value.
Preservation of Real Value: It ensures that financial claims denominated in fixed nominal amounts (such as savings deposits, bonds, employment contracts, and pensions) retain their real value. In other words, it protects against erosion due to inflation.
Trust and Security: Sound money fosters trust and confidence in the financial system. People can rely on its stability, which promotes social harmony and cohesion.
Hard Money Attributes: Sound money exhibits properties such as high divisibility, salability across time and space, and low-time preference. These attributes contribute to its reliability and utility in free market economies.
In summary, sound money is a crucial foundation for economic stability and prosperity. It provides a reliable medium of exchange and store of value, benefiting individuals, businesses, and societies as a whole. 💰🌟 Fiat money isn't sound money and it never will be. It doesn't matter if it's digital fiat or paper cash. Fiat money lose their value in the long term. Bitcoin isn't sound money because of the price volatility. We need a financial asset with stable value/price. Gold and silver coins are maybe the only good example of sound money. The preservation of value is the biggest quality of sound money, privacy of transactions isn't mentioned anywhere as a quality, but I think that transactions with gold and silver can be really private(if you are transacting with a trusted trader). |
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Most online casinos are said to be regulated, they claimed to have a license to operate, but experts claimed that it's stupid if there isn't any evidence of them being regulated.
My question to all of you is ...
Have you verified that the online casino you are using now is verified? How can you tell that its verified because there is no proof of verified shown to the public.
Also, in any way, does it bother you if you can't be able to figure it out that the casino is regulated or not?
Do you think that if all online casinos can tender some proof of being licensed all it reduce scams in online gambling?
Most crypto casinos have gambling licenses issued in Curacao mostly because they are cheap and the gambling regulations there are extremely liberal(almost non-existent). To be honest, it doesn't matter that much to me, if a casino is licensed or not. Maybe some of the gambling noobs want to gamble on licensed casinos, because this gives them a false sense of security, but I've seen licensed casinos that are really sketchy. I definitely don't think that gambling licenses can reduce the amount of scams in online gambling. Just bet small amounts and gamble for fun, not for chasing big profits. |
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I have started a learn and earn program for my facebook group members, together with the cooperation of our other group admin and moderator. The purpose of the program is to make sure they are learning the crypto basic (totally bitcoin focused). I'm running out of ideas as we have planned to run the program for long. We are paying around $5-$10 per participants (with maximum cap per activity) in average.
I'm looking for some small ideas like running a full node, using lightning network, signing a message and more. Feel free to share your ideas here.
How can you be sure that someone isn't running multiple Facebook accounts and exploiting this "learn and earn" program? Creating multiple Facebook accounts can be easily done with an anti-detect browser like Dolphin-Anty or Incoginiton, some residential proxies and SMS services like SMSPVA for phone verification. Why there should be a monetary incentive for this? If the people are really interested in Bitcoin, they will find all the info they need and learn everything for free. Maybe teaching them the basic stuff about Bitcoin is more than enough. I don't think that the Lightning Network will ever become mainstream, so teaching them about LN seems kinda useless. |
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Agree with you. Their suffering occurs because international capitalism is carried out by developed countries and poor countries become fields that are always exploited by developed countries.
So what keeps poor countries poor is developed countries and they don't want poor countries to get better because it doesn't benefit them.
This is not capitalism. This is colonialism you are talking about. Colonialism and capitalism were closely connected in the last few centuries, but I don't believe that colonialism and capitalism are the same thing. You seem like one of the guys, who blame capitalism for everything. Why don't the African countries build a bunch of communist egalitarian societies with a government owned command driven economy? Completely removing capitalism out of the equation will solve the problem. Right? What could possibly go wrong? Do you really believe that African countries will become developed if the western countries suddenly disappear? |
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The reason why I'm not addicted to gambling is because even before I started to play gambling I already understand gambling and its addiction, and my understanding has helped me on how to follow up gambling. Sometimes I ask myself why do people get addicted to gambling, is it because they have no understanding or awareness about the addiction of gamble.
I think majority of people who are addicted to gambling is because they do not understand gambling as beginners, the rules and the side effects of playing gambling excessively.
I think if gambling companies can help to giving beginners to understand gambling and addiction it will help and reduce the rate at which people get addicted o gambling, I mean good lesson for people to get understanding. Or do gambling companies benefit from gamblers who are addicted, which the awareness of getting addicted can affect their business?.
I'm not an expert in psychology, but I think that addiction starts in a subconscious level, when your rational mind kinda loses control over your behavior. With that being said, just saying "don't get addicted" to the new gamblers simply won't do the work. Some people are genetically determined to get easily addicted, while others can't get addicted so easily. I'm sure that the noobs are aware about the risks of getting addicted, even the gambling addicts are aware about the risks, but they still get addicted. It's like a drug addict, who knows that drugs are bad, but he can't stop taking them. This subject is really complex and maybe some professional psychic doctor should share some real tips on how to prevent addiction. |
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https://bitcointalk.org/index.php?topic=5467828.msg62890863#msg62890863👆👆 Do any of you remember five months ago I started trading with just $100 and today I own $1130 and I respect Bitcoin a lot and it is slowly brightening my future and I have gained a lot of knowledge from Bitcoin in these five years and With this I want to earn more money in my future and I want to say to all you all can buy bitcoin and hold it and you will have a very bright life in your future you are too bad my friend earned a lot of money in 5 months but today he lost a lot of money in 2 months Because he got addicted to gambling and I buy and hold bitcoins and slowly trade to own $1130 today Bitcoin is really brightening my future. We never get addicted to anything and try to do whatever we do with our talent then we will get success in no time.💪 Congrats on your earnings. So you have increased your capital more than tenfold , but the Bitcoin price had increased from 15K to 70K USD in the last 2 years(which is less than tenfold). I guess that you are actively trading altcoins or maybe you are doing something else. You can't turn 100 USD into 1130 USD just by buying and HODLing BTC in the last 5 months. It's sad how some people fall victims to their own greed, right after they have made a decent amount of money. Some people think that a good day trader can be a good gambler as well. The people shouldn't gamble with money they cannot afford to lose. Anyway, 1130 USD doesn't seem like a big amount, but I guess that you live in a country where 1130 USD is a decent amount of money. I hope that you will manage to multiply those 1130 into 10K USD. |
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Congrats on making such a long and informative forum thread. I'm not interested in science, statistics and mathematics, but the theory of this Italian guy makes sense. OK, so the Bitcoin price will keep growing in the future. So what? This is a Bitcoin forum and most people are convinced that the BTC price will keep growing in the future. Maybe you should post this in a forum full of crypto haters and skeptics in order to convince them about the future of Bitcoin. Will this mathematical model work if some external factors influence the BTC market? What if Bitcoin gets mass banned globally. Does it mean that the Bitcoin price could still hit 1 million by 2033, even if Bitcoin gets banned? |
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