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1801  Economy / Economics / Re: If the dollar/fiat was worthless! on: April 06, 2023, 11:52:41 PM
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Will bitcoin also loose value because the dollar is worthless?

More likely the opposite would be true because so many people store value in Dollar.  If a situation becomes obvious it will likely move business done in Dollar towards alternatives.  My own take is the majority of FIAT currency trade will remain in FIAT and just move to another large government backed entity such as EURO or possibly China backed currency some believe that due to its size.   Its also true that more people would likely use BTC and it doesnt take alot of people to make a large difference in supply and demand.

You can answer your own question by asking the price of your house in money, in bags of coal and in packets of sweets.  The number probably will rise as the exchangeable item becomes less worth but the value of your house is not determined by Dollar or anything else, its main worth is via its usage.   Same for BTC, it is valued from usage but we do also have alot of speculative trades on top but still it will be fine in turmoil.
1802  Economy / Gambling discussion / Re: Do You Think Existing Crypto Casinos Were Able to Churn Fiat Casinos User? on: April 06, 2023, 09:54:32 PM
The bias is towards technology over bricks and mortar for a number of reasons.   The circulation of currency in the world generally is growing faster, people arent stacking pennies on their bedside table so often any more.  People want to use their cash and have use of it for their enjoyment and spending requirements so plain cash isnt as useful arguably as online digital currency of any kind.  Of course I would argue always retain many types of currency, you have to pay the taxes and so on and usually thats traditional but leisure wise I do think the bias towards crypto is increasing.
1803  Economy / Gambling discussion / Re: Why do new online casinos struggle? on: April 06, 2023, 09:24:35 PM
Inertia, its costs the most energy to set something rolling first of all.   You are wanting to draw in players but most of them will be players who already know of all the other alternatives to your casino, very few new players are gained at least initially.  So as the newest casino you have to beat those with a standing advantage, it wouldnt make sense if that wasnt hard to do.
  Also apprehension of a new setup, some things have to be time proven in quality and consistency.  Brand new unfortunately will not mean consistent, some of the effort required will be time put in assuring a continuous reliable experience and letting people know you intend to safe guard their experience properly.
1804  Economy / Gambling discussion / Re: Chasing looses Vs Finding closure: Any difference? on: April 05, 2023, 11:33:08 PM
Never chase losses, call a budget and stick to it.  If you use the budget up, return another day with a new attitude towards the game you are far more likely to win then chasing while hurting over your prior games.  You are owed nothing for prior losses, its bad attitude imo
1805  Economy / Gambling / Re: Gamdom.com - 3 Million+ users - Jackpots, Rains - unique games modes on: April 05, 2023, 11:25:47 PM
I remember Gamdom and they do esports which means I could definitely be using them amongst other things.   I'll go check out if my old account is still usable again always good to have more active operators on the forum and a variety of odds available to bet on is useful for me.
1806  Economy / Economics / Re: Elon Musk and others urge AI pause, citing 'risks to society' on: April 05, 2023, 10:59:22 PM
Pause is ridiculous, AI is so far behind the curve over where it should be that would be foolish.  Its not even close to as advanced as we should have achieved long ago, its only happening now I suppose because we have such an endless amount of parallel processing power available.    I have no doubt its no where close to any kind of self awareness, a magpie is still more intelligent imo or any number of animal cognitive tests which Im not sure have been done.
  I fear a badly programmed autonomous car certainly but I blame those who would empower it, thats not AI but failure of intelligence and allocation of power.   If we arent afraid of monkeys etc. I dont see any problem here especially except for the programmers themselves perhaps making mistakes.
1807  Economy / Economics / Re: Ditch the Dollar on: April 05, 2023, 12:58:46 AM
Its probably the Dollar itself which will end the dollar, these agreements I wonder why are they new why wasnt it always like that.   Brazil and China arent some perfect stability in their own currency standards so the idea they can perfectly align is probably not the case.   There has been previous attempts to align countries in trade and other ways, many times its been attempted and things drift and the alliance unfortunately tends not to hold because the two or more countries are different and not gaining enough in their agreement.
 Its harder then it looks but in theory its a good idea to have a trade route to best promote comparative advantage, it just cant be false in any way or it doesn't last.  Most of the time adjustments and flexibility are required to stop one party being disadvantaged
1808  Economy / Gambling discussion / Re: It's on! 2024 US Presidential Election Biden+Harris Vs Trump Bitcoin betting.... on: April 04, 2023, 10:10:39 PM
A common enemy unites, its possible all these legal machinations are helping to bring more support then they deter.  I dont think Trump gets the swing voters especially but for people who already vote Republican the fact that they can see the prosecution as political and in opposition actually could reduce apprehension about voting for Trump again.  So not too surprised about the swing back away from De Santis though it was always up to him to gain a larger argument and genuine support from all sides.  He has no chance otherwise.
1809  Economy / Services / Re: [CFNP] BestChange Signature Campaign | Sr Member+ on: April 04, 2023, 03:33:38 PM
I wont argue too much but I would say over the last decade of campaigns Ive observed the most important factor would be consistency.   Theres other factors and personal preference but the understated point I would underline is being on a campaign you can rely on not to alter too much; this is valuable.
1810  Economy / Services / Re: [AOBT] The Alliance Of Bitcointalk Translators on: April 04, 2023, 03:23:05 PM
I have someone who can translate Welsh, also French and Spanish.  Qualified as fluent in all three, would that be of any use I'm not sure if you want more then just a single person per language.   Very surprised no one is here for Chinese as its the more populous country in the world, multiple dialects surely would qualify as a valid audience.  Hindi is covered but similarly India but Ive no idea of demand, just India and China surely will grow as a target audience.
1811  Economy / Economics / Re: The world continues dumping US dollar (Gold, New World Order, World War III) on: April 04, 2023, 12:59:28 AM
It should be noted the US Dollar is still backed by a large amount of gold in Fort Knox or similar deposits; '2.3% of all the gold ever refined in the world'.  The larger problem is that despite being probably the largest holder of gold, the debt issued far out weighs that asset.   Part of what would occur if Dollar did decline is that gold rises which raises the value of these reserves.   If something like 10k per ounce gold happened I wonder how much help that would provide towards the debt repayment, the point being its not a simple transition as USA has many commodity reserves to call on in its favor.
1812  Economy / Economics / Re: Is risky to invest this period on: April 04, 2023, 12:46:28 AM
All I can say for others and just myself also is I think price action tends to repeat various phases of gains and losses and this year wont really be a year that is fortuitous to sell on imo.  If you saw the stock market coming to a near term peak end of 2021 that was a good call overall, also BTC was not far off similar behavior but this year doesn't resemble that kind of movement as we have already spent the last year selling off and in a general sense declining.
  2023 imo is most likely sideways to positive, this resembles prior bull vs bear markets though of course my view could be off I do try to learn from every cycle we pass through and gain from the experience if not actual amazing gains because the actual trading will never be perfect.

Risk is always there, really simple take but the most simple observations imo are powerful because it can match a consensus market view and those larger commonly held views are the backbone of what moves prices up by substantial amounts  with trend gains.
1813  Economy / Speculation / Re: What is your take on the price? on: April 04, 2023, 12:07:35 AM
Still submerged below 30k, meaning we can return to 25k levels quite easily if market wants to cash out for the moment.  That would not be especially negative just requires a larger sell in the market and BTC will be used as cash to settle elsewhere vs Dollar positions usually.   That short term cash out vs long term development isnt so important because it can always occur.
  Overall I think we are positive since we beat the 2022 negative decline and outlasted that trend to resolve more positively, however falling so far for so long and in a large percentage is going to be a while to digest Im still guessing this entire year to really regain positive movement on every time scale.
1814  Economy / Speculation / Re: The US government sold 9800 bitcoin on March 14 on: April 03, 2023, 10:20:42 PM
US Gov sells treasuries hodls BTC would probably undermine national security, sadly not a likely move they can do even if they wanted.   They should be reducing their debt, buying it back for the valuable thing its supposed to be as a kind of investment.   A good company will buy back its debt but we have the scenario where debt is too cheap and its better to sell debt and buy back equity to avoid paying any dividends.   The world is topsy turvy, thankfully BTC is not politics inversely its worth far more.
1815  Economy / Gambling discussion / Re: It's on! 2024 US Presidential Election Biden+Harris Vs Trump Bitcoin betting.... on: April 03, 2023, 09:07:17 PM
Dont challenge him unless you really want to implement a different policy and have the backers to do so.  A person alone cannot stand without the support to go with it, so is there enough of a challenge to Biden; apparently not.

As for Trump he once was a member of the democrat party I think.  To say the country is 50/50 I think would be wrong, many will change vote to the other party if that candidate is able to support their jobs, livelihood, town or sector of the economy in a way that is valid and not currently supported.  My only point about Trump is he had his chance, do we really think he garners greater support in a future election.  The high tide mark is set, I dont see that as likely to be exceeded.
1816  Economy / Gambling discussion / Re: On which Sports do you like to bet apart from the listed one here? on: April 03, 2023, 04:51:13 PM
Isnt esports betting very relevant for the youngest audience.  Its heavily linked online and also imo aligns perfectly to crypto and the general idea online digital items, worth and value remotely placed etc.
  I'd guess the tradational sports will always be bigger and more mainstream but for growth imo its anything viewable online especially and playable ideally.
1817  Economy / Economics / Re: Sanctions at work:Russia posts its second highest deficit in the post-Soviet era on: April 03, 2023, 12:10:54 AM
Consequences should already be clear, losing people to a war without any point to it, no requirement or threat exists just hubris backs the reasoning to fight for nothing.   The sanctions are to counter any idea of gain but it would be a loss in any case over just simple honest trade.    A countries greatest asset is always its people in potential and wealth but a dictator will see the commodity wealth as the bargaining tool to manipulate for wealth and the people expendable.  It will always be the country grows poorer when the people are spent and discarded in this way.
1818  Economy / Gambling discussion / Re: In 38 Days, Freebitco.in is going to give out $200,000 in BITCOIN!!! on: April 02, 2023, 11:12:51 PM
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I'd ask for that 10BTC and withdraw them immediately
Take the BTC perhaps and only the interest gained from it.   If you take it out to spend it, it wont last long enough imo but act like it its just a bonus to your usual weekly spend and you will be a bit better off for many years perhaps forever if BTC keeps on going up.   My take this year is neutral to positive but after that I do think we can regain alot of price seen upto the peak and beyond.   There are times its profitable to be cautious and others when it appears unfortunate to have missed the gains, we're in the second scenario now its not the time to be reducing imo too many regrets are possible.  Take the income from interest etc. and you are fine.
1819  Economy / Economics / Re: Should you save, when you are wealthy? on: April 02, 2023, 10:14:59 PM
For lots of reasons yes always save income as one day your outgoings will certainly be higher then your income.   Just from the health perspective make savings, you may not always be able to do the same job not just for personal reasons but some sectors are more risky then others.
1820  Economy / Gambling discussion / Re: Skill Based Slot Machines on: April 02, 2023, 08:51:19 PM
Poker based rules to slot machine is one I've seen.   Not sure I'd call it skill based as its still not actual poker, only if you were playing other people also with that same model in a connected way perhaps.  Again I do think thats possible but havent seen it recently, not common so far as I know either.
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