I was actually wondering if there are any restrictions on age as to investing in Bitcoin?
I read threads where people have constantly introduced Bitcoin to their underaged children (10years below) and I really don't think it's necessary because I feel those kids still have some mental growth to do and since Bitcoin is a very volatile digital asset, I think children shouldn't be made to go through such stress.
Same thing also applies to the elderly as I've also read news of people trying to get some retirees investing their pensions into crypto rather than advising them to relax and enjoy their pension and I really wanted to know if it's wise to get kids and elderly into the crypto industry.
I really don't think there should be any limitations. Bitcoin is for everyone, it doesn't care how old are you, what color is your skin, sexual preferences, social status, religion etc etc etc FIAT world is full of limitations, penalties, fees - people are sick and tired of it. Every time someone mentions introducing any limits in Bitcoin world, it reminds me of that Bitcoin CEO meme...  |
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This is a natural step in the current situation. Cold War between the Western world and Russia.
However, this does not mean that Russia will use nuclear weapons. The use of even tactical nuclear weapons is an absolutely insane move. Nuclear weapons were not originally intended for its use in military conflicts. It is exclusively a tool to deter a potential adversary from aggressive actions.
The use of nuclear weapons by Russia will cause a very negative reaction from China and India.
I'm not talking about the USA, Great Britain and other countries of the Western world....
Therefore, I perceive it solely as a tool for escalating tension.
I don't think that there is a big possibility of Russia using tactical nukes in Ukraine. Even in frontline cities such as Bakhmut and Vuhledar, there are still thousands of civilians trapped in the basements and bomb shelters. A majority of them are ethnic Russians and in case Russia uses tactical nukes, then these people will be destroyed. And the other option for Russia will be to use tactical nukes on cities that are mostly inhabited by ethnic Ukrainians, such as Lviv and Ternopil. But this will result in retaliatory strikes by NATO. As such there are no "tactical" nukes. Nukes are nukes no matter what they are called. Even the best tactical nuclear weapon will result in the deaths of thousands of civilians, along with the military manpower and equipment. There is no magical nuclear weapon that will only kill the soldiers. And at this point, I don't think that Putin is lunatic enough to commit such a mistake, which would result in his strongest allies deserting him. I agree that there is no point in using nukes in Ukraine. There will be lots of civilian casualties but the military effect would be questionable. But this will result in retaliatory strikes by NATO.
I don't think Putin is particularly afraid of this. The only NATO country capable of effective nuke strike on Russia is the US. And if they'll do it, Russia will launch their long-range nukes immediately turning Washington, London and many other big cities into ashes. This will be the end of the world as we know it or maybe even the ultimate apocalypse. which would result in his strongest allies deserting him.
But who are Russia's allies? Belarus is a sockpuppet, North Korea is a communist rebel state. These countries have nothing to lose and they will support any Russia's move. China and India are not allies but business partners at best. |
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Doha is where the action continues, most of the big names are there, Medvedev,
Zverev, Murray, Griekspoor, Felix AA.
I'm not sure Murray is going to get past Zverev, it will be a battle royale I think.
I also assume that. It will be a close match. I think Murray will try to play long rallies. Then it will be more difficult for Zverev. His physical fitness is not perfect yet and neither is his confidence in himself. With long rallies, Murray can provoke more mistakes from Zverev. Bautista had played against Fucsovics yesterday. Bautista won but had difficulties and needed 3 sets. Well, he got the job done, won the first set tie break, got beaten in the second set 6-2 and broke Zverev in the third to win that 5-7. I only caught the last set, IDK I get really frustrated by watching Murray, he can be so negative and lets his emotions out winning or losing, I know thats the way he manages but I find it so frustrating/annoying. Anyway he is through to the last 8, and there is still some serious players to potentially get past, Rublev, Felix AA, Medvedev and Davidovich Fokina, all seeded players. Murray beating Zverev is either a very good performance by Murray or a very bad performance by Zverev. I didn't watch the game, but with all issues Murray now had down the road and also his age, how can Zverev lose against him when he otherwise is trying to become a number 1 in the world? This is not against Murray and I respect him a lot and all his achievements, but I think that Zverev is just not as strong as the media was hyping him a couple of years ago. Since he is German, Tthey said he is going to be the next Boris Becker. He is so far away from winning a Grand Slam. He is 25 I know, but now there is Alcaraz and a couple of other talents that I think are already stronger than him. Many underestimate Murray, saying he's old and all those health issues etc but I somehow wasn't surprised he defeated Sascha. Zverev was out for a year with injury and he's not on top of his form now (same thing happened to Thiem - out for a longer time and can't get back in top 10). P.S. I also didn't watch this match but I did watch Murray v Berrettini at AO and it was a tremendous performance by the Brit. |
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What could be a a good solar panel for a mining rig of ca. 2000 watt?
Are you planning to run it 100% off solar during daytime and then shut down at night? On-grid or off-grid? Some kind of hybrid system using solar as main power source and drawing the remaining power from grid or with automatic transfer switch grid -> solar and back? Please elaborate. P.S. Latest solar panels are 600-650w I guess. |
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there are many people investing in bitcoin, some are profitable and some are losing. and I believe bitcoin has a big advantage. The question is whether when you benefit from bitcoin, you can help your economy and your family?
Well, you can't lose if you HODL. You only lose if you buy high and sell low. Buy and hodl and you'll be fine. Impossible to lose. The longer you hodl the more profitable you're going to be. And then you could (and should) help your family (if they need your help) why not?  |
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Following all these pennants and similar BS... sure way to lose your hard-earned coins. It just doesn't work. All these flags, pennants, crosses etc is pure gambling: 50% chance at best. I can only tell you one thing: there's huge constant upwards pressure right now. We have reached $25k and I can feel no signs of stopping. My bet is we're heading into the $28-30k area. |
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WTA tournament in Dubai. Ladies to watch out for: Rybakina, Sabalenka, Pegula, Ostapenko and of course Swiatek! If Swiatek could keep the momentum she gained during Doha tournament, this will be an easy win for her! Plus she only played 3 matches in Doha (1st round bye, 1/4 final opponent withdrawn) and only 26 games (6:0,6:1,6:0,6:1)? in total so she must have decent form. |
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Over the recent years, technology has improved leaps and bounds, and one notable development is the rise of GPT AI, an artificial intelligence that allows machine to interact with humans in a more natural and conversational way. We cannot ignore the fact that it lessens the amount of work needed in some areas in our economy and society, thanks to the advancements of machine learning, natural language processing and deep learning, as a result GPT AI has become a powerful tool for businesses. Although we could say it gives us benefit, we can't still be so sure with the risks involved that maybe can outweighed or may potentially ruin the economy.
"GPT AI has also been used to develop trading bots that can automatically execute trades based on pre-programmed rules and conditions. These bots can monitor the market 24/7 and make trades based on real-time data, which can lead to more profitable trades and reduced risk."
Based on that statement alone, we can conclude that there will be potential risks such as trading bots that could manipulate the market which could lead to significant losses.
How about you, what are your thoughts regarding this one?
There is zero risk for Bitcoin from using AI trading bots. But it can be really bad for the people using them: 1) AI is prone to mistakes. A bug can make it do something stupid which can lead to you losing your funds. 2) AI can be mislead by other trading bots, it can create fake trends etc which can be abused by human traders 3) AI can be hijacked by a hacker and you never know what an army or zombie bots can do. etc etc etc But as a result, AI users not crypto will be the victims of this behavior. P.S. And yes, using ChatGPT mentioned by many in this thread is a particularly horrible idea. ChatGPT is a chat bot, not a trading bot. Using it for trading is the shortest way to getting rekt. |
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Well, this certainly aged well:  My bet would be on Medvedev. He has recovered after a series of bitter losses and is now stronger and hungrier than before (just like Swiatek in WTA now). He also has more big tournament and final experience than Jannik. Cool
Anyway, it was an interesting, very intense match. Sinner deserved to win, he was very close. I wouldnt say Sinner was unstable, he was actually quite stable in his mentality as was
Medvedev actually.
The match for me was actually closer than the second and third sets suggest, Sinner
in the end had far too many unforced errors which I am putting down to the long rallies,
medvedev is comfortable enough hitting baseline exchanges, sinner was too but
they took their toll on him in the end.
Great match all the same, I didnt bet on either.
I think Sinner just ran out of gas in the 3rd. Too many close calls right outside the line. He needs to work on his fitness. 1st set both played at crazy pace but Medvedev turned out to have more stamina. |
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There is nothing fantastic about this idea. In Norway, for example, now 4 out of 5 cars sold are electric cars. And from 2025 they plan to completely stop selling private cars with internal combustion engines.
~snip~
Countries like Norway or Sweden are exceptions if we consider other parts of Europe, because they have long since overcome some basic obstacles and due to their natural resources and high standard of living, they can afford to reach some goals much earlier than everyone else. Some data say that in Denmark even 70% of people use bicycles or public transport, and they are not even interested in the state's generous incentives when it comes to buying electric vehicles.
Another important point that we may not have mentioned is that the ban on production vehicles with internal combustion does not mean that everyone will suddenly switch to electric vehicles or some other alternative - all those who own old vehicles should continue to use them as long as they want to - or until the government decided to close all gas stations. You have noticed a very subtle nuance! Indeed, in these countries, approaches to life, the concept of values is very different from the classical behavior of people living for the sake of "accumulation" and visible wealth. Therefore, the value of the car in these countries has decreased. Many people refuse to become a full-fledged owner due to the lack of a constant need. A lot of people use car-sharing and other convenient services that do not burden wallets. Of course, there will be a layer for which a car is an opportunity to show "its advantages" and "its status". But I think that in today's situation, Russia has staged an oil and gas terror in Europe, will only accelerate the process of Europeans switching to cars that are less dependent on "fuel for the implementation of political complexes and grievances." Whatever one may say, oil will rise in price in the future - its reserves are not unlimited, and the development of new fields is becoming more and more difficult and expensive. Therefore, the transition to at least hybrids and then to full-fledged electric cars is already in the near future. Yes, with the exception of economically and technologically backward countries with underdeveloped economies, where buying and owning an electric car will be very expensive and difficult I'm quite skeptical regarding this "You'll own nothing, and you'll be happy" lifestyle. For many needs car-sharing is not very convenient and is too expensive. As to the energy, I'm sure you know we're still burning coal and natural gas to produce it. We already have electricity shortage in many regions. Building more charging stations and selling more EVs will make things much worse. |
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Many governments are moving to push hard to reduce sales of diesel and petrol cars, the European Parliament has officially approved a law banning the sale of new petrol and diesel cars in the EU from 2035 The landmark law will require carmakers to cut down CO2 emissions by 100 percent.
The 100 percent cut in CO2 emissions from new cars sold would make it impossible to sell petrol or diesel-powered cars in the 27-country bloc. The law that comes into effect in phases that will require a 55 percent cut in CO2 emissions for new cars starting 2030, which is a much higher target in comparison to the current 37.5 percent. Source ---> https://timesofindia.indiatimes.com/auto/electric-cars/no-petrol/diesel-car-sales-by-2035-european-parliament-approves-ban/articleshow/97939363.cmsSome reports indicate that the costs of running an electric car are actually lower than the costs of running a car with an internal combustion engine. So, will this goal be achieved by the year 2035? Will the cars be more efficient and at a good price compared to current prices, or is it a policy that may take decades? Please pay attention, the EU law bans the sale of new petrol and diesel cars not the use of existing cars (also no mentions of import?). So, theoretically, you could buy a new car on December 31, 2034 and drive it for another 5-10years. So, there's a chance we'll see 70-80% EV share in EU in some 20-30 years most probably. Will the sale of petrol cars stop in 2035? Most probably yes. Will petrol cars disappear from roads by 2035? Definitely no. And to answer your other question: yes, I think electric cars will become more efficient and cheap than now. |
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Bitcoin have suffered 2 huge crashes at 2018 and 2021, it's really wrong if you're saying Bitcoin will never crash, I believe we will suffer another crash in the future. Bitcoin could crash, but the point is Bitcoin can survive and recover from the crashes, not like majority of shitcoins were it will become dead coins due to no demand.
Introducing someone about a subject where you're not completely understand is really a big mistake.
Actually, you forgot 2013/14 and the notorious MtGox crash. Bitcoin is going in cycles and we're currently at the bottom of current cycle (best time to invest). Bitcoin is going to peak around September 2024, reaching $100k+. Every crash is just marking a new beginning, new cycle. |
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finally Sinner is showing a minimum of continuity in his results and against Tsitsipas, it was not so easy to predict a victory with this effort... who knows if Sinner will be able to reach the final again
I've only seen part of the first set. No idea how it stands now but the first et was a big punishment for Wrawrinka who only won 1 game in the first set. It's bound to be an easy win for the tall Sinner. He can certainly make it to the final, but I suspect it won't be easy. He still faces quite a bit of resistance. Medvedev is also still in the tournament. We also see the Greek track against Gijs Brouwer in another quarterfinal, which I had not added to my list. We now have to wait for the next Grand Slam in the summer, a pity that there is always so much time in a year. Sinner got the job done in 2 sets and a bit over an hour. A fairly straight forward match really, 6-1 in the first set, Stan made a bit of a bigger challenge in the first half of the second set but Jannik was stronger, he has definitely carried that focus and momentum from yesterdays win against Tsitsipas, he just needs to keep carrying it to the final. He really is looking like a contender for the title based on those two matches. Both Medvedev and Sinner have easy matches for the final especially Sinner that can win easily. Still want that final between Medvedev and Sinner and i think we are really close to see and epic match betweem these two players. But Medvedev plays against Dimitrov so it wont be that easy Yea both should win today to set up a final. The final itself if and when Medvedev/Sinner meet should be epic eventhough as Trofo points out the 4/0 H2H, I believe it might start to change in Sinners favour. Medvedev is building and from match to match we can see his confidence growing. Sinner has reached a new level and unlike in the past he seems to be able to maintain his professionalism, mentality, focus and high intensity. Will it be enough to potentially beat Medvedev? Todays matches will reveal a bit more, in theory bothvshould win in 2 sets. My bet would be on Medvedev. He has recovered after a series of bitter losses and is now stronger and hungrier than before (just like Swiatek in WTA now). He also has more big tournament and final experience than Jannik. |
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Believe me, spending 500EUR banknotes is the smallest issue you're going to face. There are so many ways to exchange it to smaller banknotes including deposit ATMs, bank branches etc. That must depend on your country. Here, even 100 euro bills are often refused. I don't think banks will exchange them either, they don't earn from it and many banks here don't even have a cash register anymore. Large cash purchases is also not a problem. There are sellers and companies ready to do everything to make some profit. You can buy a $100k car with cash for example without an issue. The dealer will think of a way to do this. You certainly need to do research in which countries it's possible, in some countries you can get in trouble! Even if you find a car dealer who sells you the car, it needs to be registered, which means you can get questions about it later. And if the money didn't come from a clear source, you can't explain how you paid for it. This reminds me: Al Capone got caught on tax fraud. You may get away with it, but I wouldn't be comfortable taking the risk. Impossible. Euro is legal tender in the EU. The only reason they can refuse is because they have no smaller bills handy or some other technical reason. Otherwise, they're breaking the law and you can report them. Regarding vehicles, yes you need registration. What many people do to "optimize" taxes is register it under your company/business (if you own one). If you live in the Netherlands for example, you can register a business in Belgium etc (not sure about these exact countries just mentioning them as an example). There are so many tricks allowing to circumvent the laws we can't even imagine. |
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how are you going to carry all that cash around? Let's assume you withdraw even $50,000. It will have to be declared when you leave the country. If we think about 50.000 euros, it means 100 banknotes in denomination of of 500 euros. And yes, this amount should be declared when leaving the country. But if we only think about how to carry this amount, it's not too difficult to carry 100 banknotes, is it? They can easily fit inside a pocket. My point was that you will most likely be questioned by authorities on the source of those funds and you'd have to admit that they were cashed out from cryptocurrency holdings or risk an arrest, or seizure of those funds. Admitting that will of course lead to even more questions on where did you obtain the crypto from, since police deal with a ton of scammers that have a modulus operandi like that. The distribution of €500 has stopped, but even if it hadn't, spending such a large amount is almost impossible. I remember having trouble even at the gas station, which handles quite a lot of money daily. Smaller notes, such as €50 or €100 ones, would be more preferable. Bringing a ton of cash through the airport is impossible without going through customs declaration; that's why GazetaBitcoin mentioned splitting the money into a few trips. On the other hand, having a decent amount of undeclared cash doesn't help at all, because you can't actually use them for large cash purchases. Why do you think you will be questioned if you'll have this cash in your wallet? We're not talking about a suitcase full of money like they show it in movies, but a bunch of 500EUR banknotes in your wallet. Besides, you can rent a car and drive home and avoid all these security checks, customs etc. Believe me, spending 500EUR banknotes is the smallest issue you're going to face. There are so many ways to exchange it to smaller banknotes including deposit ATMs, bank branches etc. Large cash purchases is also not a problem. There are sellers and companies ready to do everything to make some profit. You can buy a $100k car with cash for example without an issue. The dealer will think of a way to do this. You certainly need to do research in which countries it's possible, in some countries you can get in trouble! |
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Don't worry these low-fee 1sat/byte transactions get confirmed eventually you'll just have to wait.
This isn't accurate. Most node have 300MB mempool size limit (after transaction is deserialized) and currently unconfirmed transaction already surpass the default limit. If you bother visit https://mempool.space/, currently it purge all transaction with fee rate < 1.08 sat/vB from the mempool. Well, my only source is my experience. And so far every single tx with 1sat/byte fee has been processed eventually just like I mentioned before. Disclaimer: I don't send/receive Bitcoin every single day so perhaps there are periods of time when it won't work. But I've been lucky so far. |
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I think Bitcoin has a big problem with tainted coins and the demand to be a store of value.
My example:
X gets 1 BTC through a criminal act. X is trading something for 1 BTC with Y. The Police is blacklisting the 1 BTC and confiscated the 1 BTC from Y.
This is a 100 percent loss of value for Y.
Then the FBI is selling the 1 BTC, often under value. This is an overall decreasing of value for Bitcoin.
Is there a possibility to protect user like Y for such a loss of value? And how do we protect the community from an overall loss of value?
Another example:
Y gets 1 BTC through a criminal act. The police is blacklisting the 1 BTC. So for X the 1 BTC is less worth than a normal 1 BTC. So there is a second market for Bitcoin's tainted coins, where the "tainted" BTC is less worth than the normal BTC. If somebody has a trick to wash it, isn't it draining value out of the ecosystem, too?
And one additional question: Is it legal to get the transaction fees of illegal transactions?
Frankly, I don't think tainted coins can be a problem. I'm in Bitcoin for 12+ years and I haven't met or heard/read of someone who was affected by this issue. Which makes me think these cases are incredibly rare. And here I want to ask you: did something like this happen to you? Your friends or relatives? Probably not. I guess, in most cases, coins get blocked/seized before they reach user marked Y in your scenario. This is true mostly to big amounts of Bitcoin. Yes, there are also some petty thefts/crimes which never get reported and therefore nobody marks them tainted. Just my 2c. |
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Bitcoin is still a speculative market, nothing more and there is no regulation on it yet so manipulation is what is happening. You would be naive to assume that decentralized bitcoin cannot be manipulated. Remember what Elon did in 2021, just one of his tweets was enough to make the market move, let alone spend money to manipulate it. No asset class is dependent on supply and demand that can fluctuate several tens of percent in a day.
Well, Bitcoin is growing more and more mature every year. Musk tweeted some bs later and it didn't work - Bitcoin didn't react. In 2017 mailmen and grannies selling caused Bitcoin to dump and end it's cycle. Do you think it could be possible today? |
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Interesting observation but I can't think of a reason why it is so. Bitcoin was designed to tackle inflation, it's actually a safe haven against inflation, so why not people invest more in Bitcoin during heaviest inflation periods? Very weird.  |
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Actually stake.com always provides information about bonuses and promotions at any time on the official telegram group, but if on the first page of the stake site I rarely see this information because we search and see for ourselves on the promotion and bonus room pages to be able to find out all the information about the latest bonuses and promotions. Maybe what you said and suggested is quite good if indeed stake adds a bot feature like that so that it can help or make it easier for all loyal users and customers to stake if they launch attractive and newest bonuses or promotions. If this feature is added, it can also make it easier for the team's work in it to provide information about what will happen to stake. I don't understand why notification bots have to be added, they already have bonus links and promotions on the website and there is already an official telegram group, so why is a notification bot needed to provide the same information, but if users want that feature then the team should consider releasing the notification feature because they want to get notifications of important information because they don't access information from the Telegram group. I have no idea why people want to see notification bot specifically for bonus and promotion while the casino provide promotion page already, telegram channel, and dedicated forum. I dont think it is really needed, at least I have never seen any casino with such feature. It means that most real gamblers do not need it much. One more thing, notification for all bonuses/promotions can be something annoying for some people especially if there is no feature to filter what kind of promotions/bonuses they want to be notified. I also see no real value in such a bot/notification system. I'm pretty sure many casinos have some kind of newsletter or similar spam subscriptions but nowadays people are so sick and tired of spam emails and messages they receive on a daily basis that they may become aggravated and ignore the casino which sends them. |
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