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1281  Bitcoin / Bitcoin Discussion / Re: Getting around KYC on: May 19, 2023, 03:46:22 PM
but I'm also a big fan of cash trades since they leave no paper trail for the government/banks/exchanges to use to spy on you

Me too. But I think one of the upsides is also the fact you can charge 3-5% higher than the market price, just due to the fact that F2F is the preferred fashion of most anonymous method to buy Bitcoin/other cryptocurrency with cold hard cash. Its also a bit cumbersome, scary and awkward. But the extra money you can demand is more than enough of a fee for your troubles.

I think if you live in a first world country then you do not have to worry about being robbed for a small/moderate amount of coin. But one should never let down their guard. Constant vigilance and preparedness is always smart.

One should never be naive when it comes to money/valuables.
1282  Bitcoin / Mining / Re: How much do I need to start mining? on: May 19, 2023, 09:56:04 AM
I know huge capital is required to meet up huge financial expectations, what's the minimum volume of income one can use to start mining? In a situations where you trade with different strategies and still hits wrong targets, if you apply or use same trading knowledge for mining won't one still loss in mining too? Because I don't have enough money with me, so am trying to cut losses if mining too will not favor me I will decided to venture into mining too again.

Can I start mining with $300 and grow from there?

You can literally start mining with the computer that you are using to post this topic on the forum. You just would not earn a lot since the computing power is considered nothing special (unless you have a really awesome and expensive hardware setup).

I think the question you want to ask is how much money do I need to invest into mining Bitcoin for it to become profitable by an x amount of percent, in regards to the money that I put in? That might be a bit more difficult to solve since you have to consider the costs of miners, electricity, internet, space and so on...

So the most necessary question to figure out your costs is: how much money, at minimum, do you want to make?
1283  Economy / Economics / Re: Do you spend more-do you get more? on: May 19, 2023, 09:45:39 AM
There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction. I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either. I want to get rich, not to deny myself, but I have to save on everything. Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?

That depends on what you spend your money on as well as what you consider "spending" to be defined as in the first place. Huh

Spending money on something that does not stay with you for a long time (Food, clothes, other perishables etc.) is just throwing money away. Especially if the perishables are unnecessarily expensive (luxury items). However spending money on an investment that grows and becomes more valuable over time is a good way to spend your money, I would think.

But even then you need to be smart about your investments and do a lot of research. You cannot just blindly throw money around and expect it to boomerang itself back  into your life. Roll Eyes
1284  Economy / Speculation / Re: Know your time to HOLD on: May 19, 2023, 09:27:12 AM
Bitcoin is not a get rich quick investment, you must be patient and strong to hold for long. Long term investment is the best for bitcoin. If it goes down or rise up, you still hodle and hodle till the next bull market.


Yeah I would completely agree with that. Anyone who thinks of Bitcoin as a get-rich-quick scheme is setting himself/herself up for failure by giving in to this delusion, which only serves to fuel an emotional mindset and that eventually and certainly leads to emotional trading on a loss. It is best to be smarter than that. If one cannot afford to invest money long term then they should not invest at all. Bills and life come first.

OP might be sorely disappointed but we have already passed 25k. So if he really needs to pay bills or something he can buy and still have a slight profit, seeing as Bitcoin is now heading towards 30k...

Although I think he will be even more disappointed in the future, should he decide to sell. But that is his decision. Roll Eyes
1285  Economy / Gambling / Re: What all are your considerations before picking your go to sportsbook? on: May 19, 2023, 03:52:06 AM
What I look for specifically is a list of restricted countries, and whether my country is on it, also I read the Terms and Conditions and make sure there is nothing weird or shady in it, I inquire about KYC requirements, I make sure of whether or not they have an excellent reputation (old, known and trusted), find out if they have decent odds, what the minimum bets are, as well as the minimum withdrawals, bonuses/VIP/Loyalty incentives, customer support history and licensing details (where they got their license and how).

But that is pretty much it.

I like to be thorough if I plan on putting ANY amount of my money on ANY platform which has the power of freezing my funds or taking my money hostage. Even with low amounts of funds, I believe one should treat their money with discipline and respect. Otherwise one may fall into bad habits and lose everything all together.
1286  Bitcoin / Project Development / Re: What platforms are the best to get actual user feedback? on: May 19, 2023, 02:45:18 AM
What platforms do you use to get feedback on a website/ lander and so on? Avoiding typical answers like Slack, discord and facebook which it's full of fake profiles.

The platform does not matter. All you are doing is naming different social media platforms, as if though they are the ones who provide you with your audience. Thats not true at all. If you want honest feedback from people who are interested in visiting your website then you must first procure an audience of such people. And it does not matter if its on Twitter, Facebook, Slack, Discord etc...

Do some marketing research, come up with a decent marketing strategy and gather an audience. The rest will come on its own.

The quick and easy way to get feedback is to pay/reward people for it. You can do that anywhere. Even on this forum. Just offer a few dollars in Bitcoin to users on Bitcointalk and they will give you an analysis. Although I am pretty sure that many of us are willing to do so for free. Just create a topic asking for feedback.

1287  Economy / Gambling discussion / Re: Tennis League All Thread on: May 18, 2023, 11:50:40 PM
Breaking! Bad news from the King of Clay: Rafa pulls out of Roland Garros:

Quote
Rafael Nadal held a press conference at his Academy on Thursday where the 22-time Grand Slam champion announced he will be unable to defend his French Open title at Roland Garros due to ongoing hip injury; the Spaniard also announced 2024 is likely to be his last year before retiring

So no RG this year for Rafa unfortunately and 15th RG title will have to wait until 2024!   Sad

Well he is injured for a long time already and is better to wait until he is at least 95% recovered. This injury is hurting him for years already but now i hope that he can play at least one year. He should get ready for that 2024 and go strong at it one final time

I am quite astounded that injuries are not all that regulated in the sporting world as I previously imagined...

What I mean is that obviously the serious players will want to do anything to keep playing, even if it kills them or permanently damages their bodies. But I think 100% recovery is the minimum which should demanded of an previously injured player. That way they would have to focus on healing instead of playing through the pain.

Honestly I would not be to keen on betting on someone who's body could break down at any moment because they are playing by the edge of the teeth, all the while trying to ignore the pain...

1288  Bitcoin / Mining / Re: Russia Becomes World’s Second-Largest Crypto Miner on: May 18, 2023, 10:34:35 PM
Great, now that Russia has become the second largest crypto miner in the world, the western countries and their allies will want to push down even harder on crypto with more regulational nonsense and sanctions. Not that they did not want to do exactly that in the first place, but now they have found an excellent reason to stay on their course with an even higher rate of speed. All the anti-coiners are going to have a field day with this news. I think that Kasachstan and countries around Russia should put in some more effort to take the top places. They have cheap electricity, so nothing is stopping them.
1289  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 18, 2023, 10:16:44 PM

//Nocoiner nonsense
Yeah.  Let's see how that ends up going.

Don't be too much in a hurry to judge outcomes.. especially since you seem to not know shit about bitcoin, and hardly even willing to learn about it... for the past 8-9 years-ish...

Must suck for uie-pooie to be a no coiner in these here times, and then be spending your time in bitcoin forums trying to rationalize your dumbass mistakes of the past and your ongoing continued unwillingness to either learn or to act upon better information that is available.. namely dee cornz.

Nocoiners love performing amazing mental gymnastics to avoid the simple truth that Bitcoin reigns supreme Roll Eyes. Maybe he will smarten up and buy some corn at 100k

Countries in Africa be like : Fuck this retarded ass shit Bljatcoin and creates its own with Gold Backing. Commendable. Bravo !

Backed by a centralized asset? Lets hope nobody just... takes it.  Grin.

1290  Economy / Trading Discussion / Re: Can copy trading be profitable on: May 18, 2023, 05:09:24 PM
Is copy trading worth it

Can I make 20$ per day if I have 2000$

Depends on who you are copying. If you are copying some amateur, you will lose your money more quickly than if you would simply risk trading by yourself. If you were to follow a famous trader who knows what he is doing, you might find yourself profiting quite nicely.  But personally, I would not trust anyone else with my trading. If you do not do your own research and do not follow your own strategies, then you are merely gambling your money by leaving it in the hands of someone else.

Learn trading first, learn how to do your research, make your own strategies. Don't be lazy. Especially when it comes to your finances.

Free cheese can only be found in a mouse trap.
1291  Economy / Gambling / Re: 🔥BitKong.com🔥⭐Updated Game V2⭐New Bonuses⭐New Currencies⭐Native Android APP⭐ on: May 18, 2023, 04:49:28 PM
Hey Bitkong.com, you might want to update your opening post because the image is not showing. If you uploaded to Imgur then that would explain the problem. Imgur is kind of anti-Bitcointalk right now so it would be a much better idea to upload your images to somewhere else. The house-own solution would be talkimg.com.

Now that I look through the entire topic, I see most of your images have been rejected. As I said, talkimg is a perfect solution.

Anyway, I thought I should try your casino out and give my luck a go. Haven't played on Bitkong yet and surprisingly enough, even though many people here say that you have been around for a long time, its my first time hearing of you.

Hope you stick around!
1292  Economy / Economics / Re: Financial education or 1million dollars on: May 17, 2023, 07:29:47 PM
Financial education has always been a game changer in the financial state of a man, it is the best education a father can give to his children because once you are financially educated, it's near impossible not to be financially stable.

Have you wonder why most lottery winners have gone back to square one after winning or most rich kids losing their inheritance due to poor/bad management of funds, it's because they lack financial education.

On the other hand 1million dollars is truly a life changing amount of money but if you are not financially educated, you will lose it all on  the long run,
I don't know if anyone sees it the same way I do?

Well, if you give an imbecile 1 million dollars, you cannot really expect him to use it as a jumping board into higher riches, can you? He will simply see it as a coupon for material wealth, and he will spend it on a car, a house, jewelry, expensive clothes and so on... Of course it will not last him for a long time because he does not have the long term mindset in the first place.

You do not have to be financially educated to know that you can make more money by investing your current money into the right places. You do not even need to do any research. Just take a look at the top 10 stocks and invest in those. Personally, I would put it most of it into Bitcoin. But to each his own. Tongue
1293  Bitcoin / Bitcoin Discussion / Re: 2.4% People from Bangladesh Hold Cryptocurrency on: May 17, 2023, 06:37:25 PM
Well, seeing as that Bangladesh has already explicitly banned Bitcoin and other cryptocurrencies, I cannot see how anyone could accurately estimate the amount of Bangladesh people who own any kind of crypto. So the question is not only how did they figure out 2.4% as an estimate of holders but also could this number not be completely wrong due to the fact that many remain in the shadows and would rather keep their holdings a secret?

I think the number is grossly underestimated. A lot more people in Bangladesh are probably holding crypto...
1294  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: A long term investor here, thinking about adding RoLLBit Token on: May 17, 2023, 02:27:28 PM
investing in casino token is something very risky,
I agree with your assessment I have invested in two Casino based tokens but dump the other one and only retail the first one, if you're going to buy a token-based casino you should check their standing here in the gambling community, if they are popular or supported the gambling community, do they have unsettled accusation and are they active in resolving issues.
I based these criteria to dump Owl token because they lock their thread and they prefer to ignore members who ask them to communicate with the community, so far Rollbit is doing good here in Bitcointalk but do check the risk and the benefits and see if the benefits outweigh the risks.

I think that there is an entire world of difference between investing in a long standing and reputable casino and investing in a new casino which has not proven itself yet. Obviously the latter is riskier and should be avoided. But if you were to look at the investment opportunities from a relative point of view, you would see that investing in any business is risky. However, casinos tend to be very profitable and how I see it, a less risky investment than some other business model. Just because of how successful a lot of casinos become compared to how successful other businesses tend to be..

I think it is strange that owl is pulling back on their PR marketing but to each its own, I guess.
1295  Economy / Gambling discussion / Re: Don't gamble if you don't have patience on: May 17, 2023, 01:43:45 PM
This happened to me already twice in a row. I'm gambling for a long time but this is the first time I experience this kind of messy situation because it involves the fck up mempool.

I deposit my funds in a casino using a low-priority fee. I managed to triple my bankroll by playing a quick game of Blackjack with huge bets. But since my deposit is so frickin slow to confirm while I don't want to bump my fee since it will create a different transaction on my account. Due to my winning streak while still waiting for many hours, I decided to just play slowly using a 1$ bet. This 1$ bet grows to all-in because I just keep losing for an insane lose streak just because I can't withdraw my funds.

Sharing my personal experience of my recent losses so that no one will commit this same mistake. Bet responsibly. I will stay away from gambling for a while now that mempool is starting to suck once again.

DON'T GAMBLE IF THE INSTANT WITHDRAWAL IS NOT AVAILABLE!

At some point you really need to realize that if you do not have any kind of self control or discipline, then maybe you should not be gambling at all. In your case, it has nothing to do with the casino but rather the low priority fee withdrawal. But, I mean obviously casinos are going to try to find ways to use your impatience against you. So why not recognize that, and instead of continuing to gamble, you can just walk away from your computer and go for a nice walk or something? Distract yourself with something which has absolutely nothing to do with gambling. Instant withdrawal and low priority fees do not mix well together. Either you want an instant withdrawal or you want to pay almost nothing to withdraw.
1296  Economy / Gambling / Re: Gambling is a choice. on: May 16, 2023, 06:50:53 PM
Something happened in my locality and I just wonder if that's how we also behave in the online space.

So, they're always a group of rougues in my country, they're often sited in the market place where there's a reasonable population, what's their work???

The have things in a martch box like stones and sticks, they'll ask you to pick the one out of it that has something, depending on what the want....

At first, when you pick, they'll let you win so as to drag your attention, then subsequent wins, you'll be at the losing side and the make sure the drain your pockets entirely.

So, just last week, this lady fell a victim and she was shouting and crying, the had obviously emptied her pocket and even gotten her phone from her in the process of the gambling.

My thoughts, is this how we often feel when we lose out on a bet??
Do you wish the site can refund your money??

Gambling should be your choice, you shouldn't let anyone compel or persuade you into it.


I think you might be confusing a scam with actual gambling. If, as you say, the bet was decided for you, then that a scam. Nobody should be able to manipulate the outcome of a bet in order to steal someone's money. But if the bet was fair and the only reason for winning/losing is pure luck, then thats fair. Even if you lose all your money in the end. If the lady in your story kept winning out of luck, she should have known it better to stop before she ruins her winnings. She kept going and eventually, she lost it all.

She did not control herself or her emotions and that lack of discipline was her undoing. Of course we all wish that we could get our money back if we lose, but then that would not be called gambling, would it? Would you also be willing to give back your winnings, if you win?
1297  Bitcoin / Bitcoin Discussion / Re: The World's First Kids Cartoon about Bitcoin on: May 16, 2023, 01:16:44 PM
This will definitely help the new generation bring the adoption of Bitcoin into the future. Although I think that altcoins and scammers would be a perfect arch nemesis of Bitcoin and could easily be made the villain. I have had to go on youtube and search for tuttle twins to take a look at the cartoon in the first place. The website itself is demanding you first tell them your email address before you are allowed to view it. Which is very uncomfortable and sketchy. They should remove that.

Unfortunately, as much as I like the idea of a cartoon, after taking a first look, I have to say the cartoon animation, storyline, voice actors, effects and so on are extremely low production value and I doubt any child will be very interested in watching for more than 2 minutes.
1298  Economy / Speculation / Re: Leak Reveals Secret Democratic Plan For A Game-Changing U.S. Crypto Crackdown on: May 15, 2023, 10:22:21 PM
I agree with the above. It's more likely they're targeting non-compliant exchanges and shitcoin pushing companies.
Even the memo said that they want to classify almost all cryptocurrencies as securities, because, guess what, that's what they are!


Of course they are. And that will all be for the better.

We have had enough troubles with scammers and bad actors in the world of centralized exchanges. People cannot be trusted and therefore need to be controlled. Regulated.

Bitcoin has no use for trust and nobody needs to worry about a single bad actor ruining it for all of us. Because that simply cannot happen. And I think that is absolutely beautiful and exactly how money should be.

scamcoins and scamming exchanges on the other hand... I think we have had more than enough of those and history will not look too kindly upon them. The ones who got duped will be the ones who serve as an example. Cruel as that sounds.
1299  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 15, 2023, 05:25:45 PM
Yes.. "we" should follow ur strategy, no?




this is reality.

I prefer to look like this whenever I want and in fact...



*yes, I've done this...long before the movie



I think this is how WO'ers all look like. We don't need to wear suits, or top fashion clothes to prove something.. Because we have already won.
1300  Economy / Gambling discussion / Re: Some needed features of an online casino. on: May 15, 2023, 05:17:54 PM
I like the fact that OP created a topic on his own ideas of how to reduce the harm of gambling and to prevent addiction, however I would have to say that OP might be a bit naive in his assumption that these kinds of things are actually what casino owners want. Sure the owners say that they want to help prevent people from becoming gambling addicts who gamble all their lives and lose all their money in mere minutes but the truth is that casinos are for-profit businesses who would not install any measures which could potentially reduce their profit. At least not without being forced by the law to do so.

If you want to make a change you need to plead to the regulators and lawmakers. Otherwise things just stay how they are...

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