Being a student is so hard nowadays. I've been spending a lot for school requirements and different activities related to education. I'm stuck with this saying "SAVING IS WASTING", thinking that with the little amount of money I have, should I put it on an investment or should I just save it for my future expenses or emergencies. I'm also living in a country in which there are limited side hustles I could do to earn extra for investment, so I'm troubled somehow.
Depends on saving your money in which assets. If you are saving assets like stocks, real estate, land, commodities etc then you have nothing to worry about. Especially real estate and stocks are capable of producing passive income they are pretty much the best choices when it comes to making investments. Crypto and other commodities are good choices too. You can make outrageous returns with crypto especially. What are you going to do with your money if you are not going to invest them anyway? Spend all? That's not wise unless you are retired. |
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I don’t believe that crap.
This was a natural disaster. Scientists have been warning the people all the time but greedy homebuilders and mayors didn’t listen. They kept building shitty weak houses and the inspectors approved these projects because they were also being bribed.
Greed and corruption killed these people. Not the US or any other thing.
Unfortunately for Turkiye, we have lots of greedy and corrupt people.
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AI is making humans too lazy. On the other side, saving time and assisting with any study. Particularly if you want to know something historical like Bitcoin can provide you with some information. But there's always the worry that the information might not be accurate to the letter. because AI is created by humans, as are data inputs. AI can reply with knowledge that has been recorded. No guarantee of accurate information. Soon, AI will pose a threat to humanity.
That's true to a certain degree but being able to use AI is also not that easy. Most people use AI as a simple chat bot asking stupid simple questions like "how to make money?" etc... When you ask a very complicated question and describe exactly what you want, then AI simply amazes you. What I am telling you is that those who can use AI perfectly in a very professional way, they already know how to get what they want without AI anyway. Stupid people on the other hand, will never be as successful even when they use AI. |
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People often forget that predicting the winning team is not the most important thing while making a bet. The most important thing is making the most money while risking the least amount of money.
The AI might predict the winning team as much as anybody but is it a good idea to make a bet on that team?
Let’s say, according to the AI, Barcelona football club will win its next game 95%. Now everybody will bet on BFC and the bookies will lower its reward ratio. Meaning, you will only get 1% return if BFC wins but you will risk 100% of your bankroll.
Obviously that’s not a good deal.
What you need to do is, not asking AI to give you the potential winner’s name. You want AI to give you the best bet for the buck which is pretty damn hard.
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I do not realy understand why people are so crazy about this privacy. If you don't have anything super secret why to hide?
That's a very wrong way to look at it. Privacy is a basic human right. You just can't say "do you have something to hide? what are you afraid of?" The reason could be anything. There shouldn't be a reason anyway but let's say he just don't want his friends to see his online activities and it is nobody's business. It seems to me you are perfectly OK with Schwab's 2030 agenda.  You are both basically saying the same thing. |
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Strictly for Bitcoin, is there a list of the best online gambling casinos and their corresponding pros/cons of using?
I am asking because I don't quite have all the experience in the world and the people in these threads seem to be the most savvy on this.
What have you found works best? What does not work? I guess I am looking for a sort of "cheat sheet" if you will. If that even exists.
Have a great night everyone.
Cheers,
TREAD
Freebitco.in is a good casino. They have a slightly higher house edge but they use parimutuel betting system which means you are betting against the other players which is awesome. I haven’t seen any other casino using this system before. They also ask for no KYC which is another plus. Like I said they have a slightly higher house edge but the pros outweighs the cons so you are not losing much. Gambling has no cheat sheet. You are either lucky or you are not. If there was an easy way to get rich, everyone would use it. |
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A responsible gambler is the best gambler because he is a returning customer. People who go all in will lose everything they got and they won’t be playing anymore because a person like that can’t have a job and a guy with no job can’t earn money. The casino don’t want that. They don’t want their customers to lose their life savings. That’s no good for the both player and the casino. A gambler that plays every week with the 10% his income is a better customer than a guy that wagers his whole paycheck.
This is all on paper though. If the player wants to go all in, nothing can stop him from doing so. There will always be some people that want to get poor by their own will.
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We all know that El Salvador and the Central African Republic (CAR) have already adopted Bitcoin as a legal tender. Out of these two El Salvador has shown significant improvement in their economy. They recently shared with the world that they have paid back $800m sovereign debt. Every mainstream media outlets controlled or financed by the big financial institution were against them when they adopted Bitcoin as a legal tender. Till last year almost every mainstream media outlet had predicted that they would default on their $800m sovereign debt but that did not happen and now many other countries that are presently going through an economic crisis would be interested follow on their footpath. Do you then think that other countries would adopt Bitcoin? If yes, then which country would likely do it this year? As for me, I think this small country Tonga islands might adopt Bitcoin. They have already shown interest in Bitcoin as they would like to mine it using the green energy which BTW, they have in abundance and another reason is that the population in Tonga is not that big for large energy consumption. They are interested in training and providing Bitcoin mining equipment to every resident in their country where the population is just 106,858. Please do share the reason and the sources you have gathered while replying to this topic. If Possible  It won't be a developed country with a legit FIAT currency probably. I wish Japan or South Korea was adopting bitcoin but it probably won't happen any time soon. A European country adopting bitcoin on the other hand would be super amazing. Even if it was a small country like Lithuania. That would create lots of opportunities for the bitcoin holders. The sad thing is the EU probably won't let happen because they are mostly using the Euro and they don't want a competition especially when they are about to come up with digital Euro. |
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When the FTX scandal got exposed I am one of those saying it's over for centralized exchanges, now people will have no choice but to stay away from centralised exchanges because of this, I went to get a few DEX tokens for long term hold but I was damn wrong.
I don't see people leaving centralised exchange because of what happened with FTX, some moved their funds out of exchanges but after all the bad news cool off they go back, it seems centralised exchanges will always be people's favorite, they are doing very well. Look at Binance, after the FUD cleared deposits start coming in, look at Crypto.com, the FUD is no more and people are screaming the name.
Am I evil for wanting to see CEX go or at least become less important?
Centralized exchanges are not going anyway just like the banks. People need these entities so they will continue to exist. I don't want to burst your bubble but bitcoin also won't replace USD. USD is here to stay. USD might get replaced by something else but it is just going to be another FIAT probably. The gene is out of the bottle. The moment Nixon removed the gold/USD peg in 1971, the era of limited supply FIAT was over. The US went bankrupt in 1971. You won't read this in the history books but that's what happened. The US got rekt by the financial system they invented and then they changed the rules without admitting defeat. Now every country can freely print FIAT and I can't see how Bitcoin can change this behavior. Additional note: The US actually goes bankrupt almost every year since 1971. (I said almost but is there a year that they didn't the raise the ceiling?) We can say that because every year the US government raises the debt ceiling. They raise the ceiling because they are financing their debt with more debt. Which means without raising the ceiling they are not able to pay their debts = bankruptcy. |
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Sucks.
If coffeezilla goes down, it is one less scambuster for the scammers. The world is so corrupted, honest men like coffeezilla might actually get punished for their honesty while scammers can do whatever they want. We should show our support to coffeezilla because he worked hard to save people from the scammers. He deserves that much.
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I wouldn't play on a charity casino because they wouldn't be as competitive as the other casinos. It is because they don't have a reason to be competitive. Since they are not motivated by making more money, they won't make promotions, give bonuses etc. They would be like the government institutions. If they are not motivated by making more money, how can they attract more players? Let's be honest, no gambling player gives a damn about charities.
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I was in high school. I had a friend that was a complete addict. We were betting on sports. Everyday we were doing our research by reading the sports news in the morning and then place our bets during the lunch break. I was winning some and losing some. Then I had a bad run and I started to lose a lot. I realized that I was losing money instead of making money and I started to gamble less. My friend however, kept playing even though he wasn't doing good too. One day he hit the jackpot. He won the big prize. A week later he bought himself a nice car, left the school and I have never seen or heard from him again.
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Wouldn't be more than a couple of hours probably. That's because I am a casual gambler. I make some bets occasionally but I never take gambling too seriously. It is not a source of income to me. I already have a job and other investments which make me money. I only gamble for fun and hopefully it will stay that way. If you let your greed to take over, you will lose everything you got. I am not letting that happen.
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If you are into a local business and accepting bitcoin for payment how much discount are you giving up for your buyers? 1%? 2%? How much discount do you think is ok for your business and won't affect you? Right now I am sure that many people are accepting bitcoin in their business as there are many posts about this, I also read that discount is an effective way to make people want to pay with Bitcoin.
Depends. ...on what product I am selling. (or what service I am offering) If the profit margins are slim, I might even ask a premium for accepting bitcoin because of its volatility. If the margins are great like 30-100%+, then 1-5% discount would be reasonable. Making discounts is not always a possibility. Working voluntarily for crypto adoption is a good thing but if you can't attract enough customers with the discount you are providing, you are only going to hurt your business. |
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I too don't like to loan money and never did any business with borrowed money... till last year. Last year, something happened and it changed my view on this subject completely. I realized that I can borrow money with very low interest rates in my country and the inflation rate is way above the borrow rates. So what did I do? I took every loan I could think of and bought every real asset that is producing income. The government is basically giving me free money. Why shouldn't I take it? The assets I bought create a streaming cash flow and paying my debt. In the end when I pay all my debt, I will the owner of them assets and have no debt. It is a nobrainer.
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Ah, coincidentally I tried and tested this website a week ago, debating with my friend whether or not this ChatGPT is overhyped. After testing various tasks, such as writing a couple of paragraphs up to create an essay. I can say that this program is only a text spinner plus. You'll get caught fast if your editor has the skill/experience to catch plagiarism. The content itself is good, but it just copy-paste-and-spin/replaces here and there. It is much more like an art AI that creates artworks from images created by humans. So maybe this kind of AI will destabilize dumb works, but its capability is far from human.
I have seen it writing near perfect code. When you don’t like a certain part, it modifies that part and comes up with a better one. It is definitely not a copy/paste search engine. In the end it is just a tool and can be as smart as its user. When you tell it to write a poem, it will bring a crap generic poem. When you give it lots of details it will write a way more detailed and original poem. Even if it was a damn search engine, it is miles faster than google and actually getting shit done. (Google only points you the way and nowadays it is not even good at it) |
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I remember that day, when the merits become a thing in the forum. Since I was a Legendary user at that point I get instant 1000 merits, and when I realize other users have to get those 1000 merits to become a legendary user I really feel bad for them. It has been a long time, this week was the 5th birthday of the merits system as we can see in this thread ( https://bitcointalk.org/index.php?topic=2818350.0 ). And a lot of people have worked hard to become legendary user in the forum. So, I was thinking... Let's rest 1000 merits to all the legendary users from those who get 1000 merits and make a new raking for those who haven't hit the 1000 merits. For example, if you have 1990 merits, then you will be 10 merits away from legendary, but you will have the new rank until then. What would be a good name for this new rank? That's called power creeping. https://www.urbandictionary.com/define.php?term=Power%20CreepA certain flaw in game balance design, where content released later tends to get more powerful as time goes. This can be seen in multiplayer games that have regular expansions or balance patches. The merit system was created because people were creating account farms and it was too easy to do it. Merits didn't stop the farmers but slowed them down. Maybe the old farmers got away with it because they already had an army but it did stop the newbies from creating new farms. I don't think we need more of this thing. Getting to legendary is already hard enough. No need to turn this forum into an RPG where you upgrade items and ranks. |
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When you get that big, billions become like thousands.
Elon probably isn't losing anything. His wealth was always on paper anyway. Let's say his TSLA shares used to be worth $10 billion. This don't mean anything unless he converts these shares to FIAT. Till then, he don't really owns $10billion. He only owns $10b worth of TSLA shares. His shares' dollar value might go down but he still has the same amount of shares. TSLA shares is just an example. You can think of any other asset he owns instead.
People don't really understand these CEO's aren't as rich as people think they are. There isn't enough liquidity in the markets to fill their sell orders if Zuck or Elon decided to dump their shares. The markets would just crash.
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Depends on what you exactly mean with "replace". If you are saying that traditional banks will go away and crypto will take over then I don't think so. Traditional banks will probably exist as long as the humanity exists because we simply need them. A complete decentralization in finance is not possible because there is a human element and humans make mistakes. There will always some illiterate people who can't use tech well enough and that's why they will always need the help of a centralized authority. Crypto is too perfect for them and since we cannot get rid of these people traditional banks will exist in the future.
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China is sprinting its testing on the digital yuan. It will not take too long before the digital Yuan is executed and it believes China will become less independent of the US Dollar. Is this a good thing or will China become even more economically powerful and therefore a threat? https://www.worldcoinindex.com/nl/news/chinese-central-bank-deputy-governor-wants-china-to-accelerate-pboc-rollout And We already know that China is aiming for global domination specially in terms of economy, and I am sure they are seeing this digital yuan as a possible many tools they can use to entice more countries to go away from the domination of the US Dollar in international commerce. However, many countries right now are also starting to get wary of the intention of China, at least in part this is exposed with the pandemic. Many countries are now starting to resist the influence of China. Many are now seeing that China can be a trap. Personally, I don't see China to be the one to dominate of the vacuum that will be left by USA in the global commerce, that position is reserved for another (still emerging) entity. FIAT is already 90% digital. Making it 100% digital won't really change anything. The Chinese YUAN is already a powerful currency because it is backed by the Chinese manufacturing while the US dollar is backed by the US military. For now USD is slightly more powerful but this might change very quickly. I would say CNY deserves to be the world reserve currency more than the USD now because it is China that makes most stuff for us, not any other country. A currency is and should be only as powerful as the manufacturing power it is backed by and CNY just delivers that unlike the USD. |
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