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1801  Bitcoin / Bitcoin Discussion / Re: My feelings after 11 years with crypto. on: September 28, 2022, 04:10:52 PM
There are lots of people in similar situations to the OP. I think for those who were in bitcoin really early & lost it all, it’s worse for them than noobs who come now & can’t even buy 1 full bitcoin.

The thing is, life is too short. You can’t spend your life full of regret. Embrace life, make the best of it & start buying bitcoin again. You probably won’t be in as good a position as you would have been if you HODLED but you’ll still be in a better position than most of the world.

Dust yourself down & go again.

The whole point of early bitcoiners selling all their bitcoins at cheap prices is due to the fact that bitcoin price had spiked up so much.
If the same would have happened in the opposite direction and bitcoin would not have gained so much in price then these people wouldn't have worried so much.
May be they are unfortunate that bitcoin gained so much traction but they are still at a good place because bitcoin is still cheap.
Even if they get in now chances are that they will gain huge profits in future and yet there are many who selling at such cheap prices.
The same people will worry when bitcoin price will touch the new ATH. So the cycle repeats.
1802  Economy / Gambling discussion / Re: Gacha Game on: September 28, 2022, 02:34:15 PM
If you are asking if the person is addicted or not then I would definitely say yes because if that person is spending huge amount just for in game items then he must really be addicted to the game.
We can surely play games to an extent and buy some instore items but spending huge amount is something that only an addict would do.
It might also be a choice by preference but that is something when you are a millionaire and you don't know what else to do with your money.
Way back then, you will be called as donator if you bought an in game items I remember the game Ran online here which I’m addicted to before. Well, gamers understand the risk and many still want to spend their money for the items that can make their character more better, we might not understand them but this is how they played the game.

I can relate to that. My whole POV is based on the game of PubG. It's a very famous game as we all know and I have heard so many cases in my country related to this game.
I have seen how people are glued to their mobile phones all day long and heard cases in news that some kids spent huge money for in game purchases.
Some stole money from their home to buy the in game items. This is why I think all those people who don't have self control over a game are basically addicted to it.
1803  Economy / Gambling discussion / Re: When betting becomes to high on: September 28, 2022, 02:30:40 PM
this issue of crossing the line doesn't just happen to newbies, in most cases it happens to people who are already playing for a long time, because games have one thing: the more time we dedicate to it, the more money we start to put into it and the more we sink because we start to lose more money in the game, but this process is not fast, and something that takes some time to find that we start spending more time in the game and we start to lose more money in the game, that's why I said that people who are the longest in the game and who are the most people who spend the most time in the game and who lose the most money in the game. in my case, for example, there was a time when I spent a lot of time in the game and it took me time to realize and stop it

That is true. Until we realize that we are spending more than usual time on gambling, we tend to spend more than we can afford to lose on gambling.
Fortunately, I realized this fact just after the initial few months when I started gambling.
It hit me hard when I found out the money I lost in gambling and a point of self realization struck my mind that whatever we do, we have to lose our money in gambling eventually.
So I took a break from gambling started fresh with a fixed budget for gambling. So far it's going good.
1804  Economy / Gambling / Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest on: September 28, 2022, 02:17:46 PM

The entry for the lottery to win the lambo is only 1 ticket. There are plans to start a pool here on this forum to combine all the golden tickets but the requirement to join the pool is 10 tickets.


Wow, it's the first time I am hearing about such pool on this forum. Can you share the link to it ?
Do you know how it works and when will the pooling start ? Also, how are they going to hold the tickets?
So many questions popping up already.
1805  Alternate cryptocurrencies / Altcoin Discussion / Re: Tokens/coins with insanely high inflation will not be not profitable ever on: September 26, 2022, 03:09:11 PM
As far as the crypto market is operating there will be such coins which are don't have any potential in the long run.
They might show good results in the beginning but as time goes their value fall over the period and at one point the price will dump to no return.
All of these coins are developed just for the hype. There's no usecase to such coins. Buying these coins will put us in a huge risk.
It's better to buy only the established coins with real use cases.
1806  Alternate cryptocurrencies / Altcoin Discussion / Re: Is Terra Classic scam? on: September 26, 2022, 03:03:45 PM
Hello,
Is Terra Classic scam or does it have a chance of success?


Thank you.

I wonder why are people still asking such questions even after such a big event in the crypto history made everyone aware of how worthless is the Terra project.
After the huge collapse, it became evident that Terra will cease to exist. In fact, it was surprised when Terra launched the 2.0.
I knew it won't survive for long and so did it happened. I will still recommend people to stay away as far as possible from Terra.
1807  Economy / Gambling discussion / Re: Twitch To Ban Gambling Streaming By October 18th. on: September 26, 2022, 02:58:12 PM
Why not ? I personally think that banning gambling streams is the right decision.
Besides that, what good does it do by allowing influencers to continue streaming gambling activities anyway ?

Bro, it's a shame if you feel it's the right decision when the casino you use as a signature is also prohibited from streaming. Related to the use of influencers is to develop the casino into a fast promotion path and have more influence over the casino. Without influencers as promoters, there probably wouldn't be a famous casino today. As influencers are now competing for a special share, moreover the casinos provide great incentives.

Almost all have a bright spot, Drake will be negotiating this issue and Dlive is one of the solutions we are now hearing about. If Dlive can provide space and has agreed on what will be discussed later regarding streaming gambling, all gambling casinos especially crypto gambling can put it to good use. Twitch can no longer be negotiated if without a US license they still refuse.

You are taking the context all wrong. You should first understand in what context has Twitch made those bans.
Not only Duelbits but most of the popular casinos are now restricted. Also, not all the games are banned but the few major ones.
Also, it's not because of the gambling platforms have done anything wrong but it's the influencers are who are using the streaming platform in a wrong way.
Ideally, Twitch should have restricted those people who are using the streaming platform in a wrong way but they chose to ban gambling streams all together.
There are people who get influneced by these people into making high bets, some even scam others and lose all their money.
So I don't think there's anything wrong with that. As far as promotions are considered these reputed gambling platforms have various other ways for promotions and are remarkably doing well.
1808  Economy / Trading Discussion / Re: The Signal to Start Trading and the Signal to Close Trading on: September 25, 2022, 04:28:54 PM
Trading is not so difficult as it was told. But the difficult part in trading is when to enter the market and when to Close the market. So when do you think one can buy or sell (enter) the market? Using the candle sticks to predict.

What ? Isn't that the most important thing in trading itself ?
Knowing when to enter and when to exit is 90% of the trading while the rest 10% may include putting the buy order and sell order LOL
Building a strategy and executing it is included in the 90% and the one who can do this knows how to trade efficiently.
1809  Economy / Gambling discussion / Re: When betting becomes to high on: September 25, 2022, 04:09:51 PM
Ofcourse it is easy to fall for gambling since it is so addictive it makes us want to gamble more.
And yes it has happened to most of us that once we sit for gambling at some point we all would have gambled more than out limits.
Because thats how we all learn not to spend more than we can afford to lose.
It's a tough lesson to learn but without that we keep on losing our precious money.
1810  Economy / Gambling discussion / Re: Gacha Game on: September 25, 2022, 01:12:29 PM
If you are asking if the person is addicted or not then I would definitely say yes because if that person is spending huge amount just for in game items then he must really be addicted to the game.
We can surely play games to an extent and buy some instore items but spending huge amount is something that only an addict would do.
It might also be a choice by preference but that is something when you are a millionaire and you don't know what else to do with your money.
1811  Economy / Gambling discussion / Re: Twitch gambling problem and Sliker issue on: September 25, 2022, 12:59:56 PM
This should have happened a while ago. Many influencers had already started streaming gambling content on Twitch long time ago.
It was a matter of time before gambling streams got banned on this platform and now that it has happened many people will be saved from these influencers.
So far only a few games in a few gambling platforms are banned but as time goes we might see more games and more sites being added to the list.
1812  Economy / Gambling / Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest on: September 25, 2022, 12:46:34 PM
Yeah I have placed two bets.

1. 730 sats at $1,001 - $1,250 with odds 4.88 =  0.00003562 sats
2. 1500 sats at $1,251 - $1,500 with odds 2.03 = 0.00003045 sats

So if ETH price stays in the range I will get more than 3k sats for my total bet price of 2230 sats.
Sounds like a fine deal to me  Wink
Why did you only bet $0.42 and not more?

Because that is my usual bet price for BTC/ETH price prediction. I can afford to lose this amount and so even I lose the bet I won't be worried.
Betting more than you can afford to lose and then losing the bet gets you stressed, which I don't want. It's meant to be a fun event.
1813  Other / Archival / Re: Bitcoin or Netcoin ? on: September 24, 2022, 02:53:08 PM
Today, information appeared that Satoshi Nakamoto, presumably, could call bitcoin a little differently:

snip

Judging by this find, it is possible that Satoshi chose between the names "netcoin" and "bitcoin", but chose the second option, or he prepared absolutely two projects, but the first one was not released at all. What other options do you allow?

After all these years, it is interesting to find out there was an alternative name to bitcoin but truly bitcoin is the name we all needed.
I think no other name would have made it better than bitcoin. Satoshi is truly a genius.

Also, upon doing the whois lookup it is showing that netcoin was last registered on 2010-05-05.
It may also mean that Satoshi eventually gave up the domain and someone else bought it.
Or may be Satoshi himself bought it again with some other account. Also, netcoin.org is going to expire next year.




1814  Other / Archival / Re: Don't worry, bitcoin is cyclical on: September 24, 2022, 02:36:46 PM
Just another reminder that the bitcoin market is cyclical, and everything that we are seeing with bitcoin now has already happened before and the necessary lessons should be learned from this:



There is no eternal bull run, just like there is no eternal bearish trend, so a dump is always followed by a pump. This was well shown to us by the cycles of 2014 and 2018. Now the market is dominated by bears, but sooner or later it will end and recovery and growth will begin:

snip

The low price of bitcoin is not a reason for panic and concern. This is the rare opportunity to buy cheap bitcoins. If you miss this moment now, then next time it may not be presented very soon.

A correction is a time to buy, not to sell. Don't worry - just HODL (or buy more). Smiley


LOL, the image representation is really funny. I liked it when 2015 and 2017 were pulling 2022 up  Grin
I guess that is the truth actually when it comes to holding bitcoin for a long term.
I have lived and survived the ATH of 2017 as well the bear trend after that and this is why I believe that yes bitcoin is cyclical and we will see a new ATH in a fee years.
Cheers to holding.

1815  Bitcoin / Bitcoin Discussion / Re: All I need to teach my employees about Bitcoin on: September 24, 2022, 02:28:11 PM
Good Day fellow Bitcoiners  Kiss.
   I am an entrepreneur and also a Bitcoiner, I have two business which am running and in this two businessI accept Bitcoin as a means of payment . I am using Exodus wallet to receive payment.
 When ever a customer desires to pay in Bitcoin/crypto in my absence, I am usually contacted by my employees. I have explained some few details on how to receive payment from customers in crypto but I think they still find that means of payment as not being convincing, so I want to take out time to teach them  Bitcoin, advantage, users, how to receive and how to send Bitcoin. I want to give them a full knowledge about Bitcoin. My request from this forum is to give me more hints on other things I must lecture them on concerning 😟 Bitcoin and how to receive payment from customers.

Thanks, Detritus.

Well, if it's all about teaching how to use bitcoin then I will say that you don't have to do the tough job.
There are already so many videos out there on youtube which you can make your employee see and make them understand.
You can talk to them and make them understand how wallets work and how transactions are done practically.
Once they see enough videos and see things practically they will surely understand how the system works.
1816  Economy / Gambling / Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest on: September 24, 2022, 02:19:16 PM
This is the reason why I think that the price will stay in the range of $1000 - $1500 for ETH by the end of the month.
I have placed my bets and covered the bets in this range.
So, you have placed two bets on ETH price prediction. I think ETH price will stay above $1,251 at the end of this month. The outcome odds will stay around, 5× for $1,001 to $1,250 price range and 2× for the $1,251 - $1,500 price range. Today is the last day to place bets on ETH and BTC price prediction. I just placed a bet on ETH price at the current price range, I had no plan to do it though.

Yeah I have placed two bets.

1. 730 sats at $1,001 - $1,250 with odds 4.88 =  0.00003562 sats
2. 1500 sats at $1,251 - $1,500 with odds 2.03 = 0.00003045 sats

So if ETH price stays in the range I will get more than 3k sats for my total bet price of 2230 sats.
Sounds like a fine deal to me  Wink
1817  Economy / Gambling discussion / Re: Twitch To Ban Gambling Streaming By October 18th. on: September 24, 2022, 02:07:59 PM
<snip>
I see. I doubled check their statement about that. Seems like the reason for all of this banning plan is because of those streamers?? that have been sharing and spreading their referral codes and links to their community given that Twitch is prohibiting it.
Why not they just give warning to those people who are doing this. And if they do it again, ban their accounts for amount of time or permanently ban it. That's better than banning those streams for those games like slots.

Why not ? I personally think that banning gambling streams is the right decision.
Besides that, what good does it do by allowing influencers to continue streaming gambling activities anyway ?
1818  Bitcoin / Bitcoin Discussion / Re: What amount of fiat and/bitcoin would you consider safe holding in a bear market on: September 23, 2022, 03:58:54 PM
Well it depends on one's holding capacity actually. I more of a risk taker and currently half of my money is in crypto.
50% of the amount is in crypto while the rest is in real estate and stocks and savings account.
But from a general perspective I think a person should be holding 30% in crypto, 30% in fiat and 40% in real estate and bonds.
This must be a better portfolio to hold on in a bear market.
1819  Economy / Gambling discussion / Re: Twitch To Ban Gambling Streaming By October 18th. on: September 23, 2022, 03:53:23 PM
<snip>
Hence influencers won't have any big platform now that Twitch is banning gambling streams.
YouTube has videos for gambling. There are a lot just like Twitch. However, I am not aware if they are allowing gambling stream or there are people who are doing that. But I can assure to you, recorded videos of gambling such as sport, slots, live games, etc. are present in YouTube.
Also, as far as I know Twitch only plans to restrict slot streams, not gambling in general. Sports gambling is still good. Live games, I do not know.

As of now Twitch is planning to restrict slot as well as roulette and dice game streams.
May be in future they might also restrict sports gambling. I don't think live games would be banned.
It's very hard to manipulate the result of live games and so influencers won't be able to influence others into it.
From that perspective such games streaming may not be banned by Twitch.
1820  Economy / Gambling / Re: Will duelbits pay 20k bet? on: September 23, 2022, 02:49:09 PM
If someone bet high amount (20k)+ on this casino and win  like 2-5x time more his money.

would the casiino pay him or find excuse not to pay and ban his account?

Duelbits is a reputed gambling site and just like any other casino site it has it's own rules.
If you qualify the bet and then you would certainly get the qualified amount in your account.
There are some requirements though such as wagering and maximum rewards etc...
You will have to check the conditions in that case but definitely you shall receive whatever is allowed as per the conditions.
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