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1221  Economy / Economics / Re: How much food can you store for survival?3 on: August 08, 2022, 03:18:39 AM
I wouldn’t bother storing anything. Imagine situation where world is sinking and there are riots everywhere and you are the person with big store of food somewhere in the underground room and the news flashes in between hungry and desperate people. They gonna crazy about it and will go nuts to loot it up.

Saw the news of Sri Lankan presidential outbreak? Well you might have seen how every single person marched into their kitchen just to get handful of food.

That’s how situation can go out of hands.

I would rather hunt in jungle and try to survive.
1222  Bitcoin / Bitcoin Discussion / Re: I have started teaching Bitcoin to my Neighbors on: August 08, 2022, 02:16:08 AM
That’s just wonderful. I can already feel the vibe check from your classroom here! You should start with beginners topic on the forum where lot of topics are made on daily basis and much more useful than Internet content. Most of the legends are have already created cool topics to learn from. Not only basic but all those complicated blockchain related topics too. You can keep learning from those and share the same knowledge with your class.

I am just typing it here and I know you might have your own challenges but as you proceed you can also include practical applications of bitcoin by showing them wallets, how they work and letting them do the bitcoin transactions.
1223  Bitcoin / Bitcoin Discussion / Re: Most BTC you've spent on something? on: July 30, 2022, 12:30:26 PM
I am not sure if gift cards are in this category or not but I did purchase two Amazon gift cards by exchanging my bitcoins at the rate of 21k USD this year itself. I did the purchase on the spot so lost nothing. I mean I converted the recently acquired bitcoins which were bought at the price close to 21k. I bought two cards of $50 each for my friends birthday and one for myself. I bought one more for myself because there was promo going on and saved up around 5 bucks as new comer.
Besides this, no never bought anything physical.
1224  Bitcoin / Bitcoin Discussion / Re: Tesla: "We have converted approximately 75% of our BTC into fiat currency" on: July 23, 2022, 09:33:08 AM
Why not, why keep those 25% in the wallet if they have already sold that much amount. They just sold it to overcome the other problems that company might be facing financially (that’s funny when you talk about billionaires company) but obviously every company has their own management system and if you see the screenshot then they have given the same reasons.

But being billion dollar company they should keep us in the safe zone and help markets flourish in positive ways.
1225  Alternate cryptocurrencies / Altcoin Discussion / Re: BTC or Gold Investment? on: July 23, 2022, 04:51:45 AM
Oh my God I am flattered with the graph shared by @GreatArkansas. The growth of bitcoin is enormous and can not be compared with any other asset available in the world. This makes me more jealous because I wish I would have been on that very first train to buy the bitcoin and keep it as it is until I sold them at current rate or ATH. That’s insane man, and its like today also I want to follow the same steps which I missed. I still believe bitcoin will show similar % hike in next decade cycle. Definitely its Bitcoin for me and after seeing this graph no one can change the mind.
1226  Economy / Economics / Re: Avoid buying land in dispute to avoid wasting of economic resources on: July 20, 2022, 01:48:50 PM
That’s easy logic and anything that is associated with real estate or even if you buy small stuff which is gonna be second or third hand you need to investigate. Even with car you never know what kind of history is attached with it. It could be from accident prone to criminal activity related or hit and run etc etc.

In similar ways a land could be in litigation for various reasons such as loan defaulting which might have taken with land being collateral or it could have secondary title verification and owner is another. It has to be well studied before signing up agreement.
1227  Economy / Economics / Re: The interest in Bitcoin in Turkey on: July 19, 2022, 10:13:25 AM
Though I wouldn’t mix up bitcoin and a particular countries inflation, in case of bitcoin as whole is very stable.  I am not talking about bitcoin and its USD value or neither Turkish currency but I am speaking about bitcoin and its own decentralised economy over blockchain. Its independent and there is no harm if Turkishian is making bitcoin as legal tender. Bitcoin will keep up its value of transaction since market depth is rising day by day and it wont stop.

Bitcoin is not USD and it gets powered up with the help of all countries bitcoin users. So I would say Turkey isn’t doing wrong it should keep up the legal usage of bitcoin.
1228  Economy / Economics / Re: Avoid loan apps, a word of advice. on: July 19, 2022, 09:00:09 AM
Well I see loan itself as risky way to get the money but in the world of inflation and survival needs above our salaries we have no options but to take it now and then.

Seriously, I am also encountered with number of app suggestion associated with these loan apps. I think with the ease if forming such financial systems anyone is becoming lender and charging more than 35% interest per anum. Better be cautious and seek loans from banks only.
1229  Economy / Economics / Re: Cooperative investing between small investors on: July 15, 2022, 03:42:15 PM
It does not seem to be good idea to pool invest with unknown investors. In the era where digital fraud is at its peak I barely doubt any one cohoe succeed in this process. I am not sure how many of you have heard this but there is process called as Chit Funding which is ran by group of people for particular tenure and particular amount of money. So each month chit is taken out and whoever gets the name will have the money and it would be collected from the group members and thus that guy can use it for his purpose. Process continues until the end of last month. This is not investment model but collective power of investing money so that everyone can use it.
1230  Economy / Trading Discussion / Re: Can trading be likened to gambling and how so? on: July 14, 2022, 02:10:36 PM
Though words can be used synonymously all the time I feel like gambling and betting sections shall be kept different. I know the fact that sportsbook is also now available on all the gambling sites but its entirely different way to make up the money. You bet on the strong team, you have only one outcome such as either team A will win or team B will win.

On the larger picture, trading is whole new way of investing your money. You don’t gamble there, you trade it based on the database. For example, companies performance, its assets, its roadmap and there is so much more to consider in that. For me both are different.
1231  Bitcoin / Bitcoin Discussion / Re: why is bitcoin price important? on: July 10, 2022, 02:22:58 PM
Its an asset, what to expect anything else from the bitcoin ?

It needs to be priced so that one can understand how much worth it is and how to work on the transactions. If you have value you can trade it easily for various stuff.

With the advancement in different transacting modes Bitcoin can be traded for real world stuff so it needs to be priced something to understand its value.
1232  Bitcoin / Bitcoin Discussion / Re: Was the coupling of Bitcoin to fiat a mistake? on: July 07, 2022, 08:59:25 AM
I don’t think it was mistake at all. Otherwise how would I known how much I am buying or whats the value for the same.  Grin
Being common user of bitcoin i don’t think much about these short problems. In fact this monetary system is just perfect because it tells you how much bitcoin costs in every currency available out there. Everyone love to see its price in their own currency obviously for ease of user.
1233  Bitcoin / Bitcoin Discussion / Re: Will BTC survive if encryption/cryptography becomes illegal? on: July 05, 2022, 03:47:52 AM
They surely can’t ban the privacy. The encryption algorithm will always be used industry wide to personal level. Its our right to encrypt the data and have data integrity for smooth running of particular process.

If Government band such encryption algorithm then lets get ready, we can have our hands on Nuclear launch codes, because you know its not allowed to encrypt since its one form of data.

Nah, this will never work.
1234  Economy / Services / Re: [OPEN] Rollbit.com | Signature Campaign | Full Members+ ~ Earn up to $80/Week! on: July 03, 2022, 07:11:29 AM
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1235  Economy / Gambling / Re: Looking for perfect slot base casino on: July 01, 2022, 03:57:52 AM
The mixing would always be there and casinos can’t make profits just having single genre of the games. I mean they have to have multiple ways of attracting people and keep them engaged in various reality.

However, you can always have section wise sorting of the slots so that you can entirely focus kn slots only. Few casinos you could think inc are: Roobet, Winz, Duelbits. These are well known and personal favourites for their range of slots.
1236  Economy / Services / Re: [OPEN]WinTomato SIGNATURE CAMPAIGN ! |FULL|SR.|HERO|LEGENDARY| on: July 01, 2022, 02:47:48 AM
Name: Flexystar
Post count: 862
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Profile UID: https://bitcointalk.org/index.php?action=profile;u=37277
1237  Economy / Economics / Re: UK inflation hits new high of 9.1% as food and energy price surge persists on: June 30, 2022, 06:06:38 AM
It seems that Russian cut off from the gas and other exports are affecting the European countries slowly. I mean with the time every country slowly publishing that they are suffering from inflation. Most of the increased cost is from vegetables and energy resources ultimately affecting the whole nations foreplay. There is no news from Asian countries where Russia has built up good relationship with and continue to import and export like regular days. I think the only factor that’s affecting is current on going war.
1238  Bitcoin / Bitcoin Discussion / Re: Did Bitcoin Disappointed You ? on: June 30, 2022, 02:19:25 AM
It actually making me happy that bitcoin is crushed so much. This is my greatest time to buy it all at discounted rates and I know this is good thing to do because just like you said, bitcoin was 69k! That’s the point I want to reach after buying at the today’s market price.

The chaos which is happening right now is negative for many people but me, im being proactive about this. Smiley
1239  Economy / Economics / Re: The Russian Federation may be about to make a "Corralito" on: June 29, 2022, 07:25:42 AM
That is good way to surpass the sanctions isn’t it? Russia is somehow tackling the issues of financial sanctions from all over the world through their careful planning and process of making the Ruble stronger. This could also help their locals to do business at higher confidence since they have strong currency now.

I am not sure how this has any correlation with the bitcoin but assuming the situation Russian federation may allow their people to use it in the want of bringing foreign currencies into ruble through crypto tunnel.
1240  Bitcoin / Bitcoin Discussion / Re: Bitcoin ATM Installations and Operator Growth 2021-2022- Industry Research on: June 29, 2022, 05:56:40 AM
Love it.

Does anyone else think that they should be called as ATC machines?

ATC- All time crypto.  Cheesy

Interesting to see so many players are into this now and they growing the number of machines as well as its availability so that more people can use it with free will.

Crypto currencies definitely need such connectedness outside the blockchain. ATC’ are doing the same.
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