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1961  Bitcoin / Bitcoin Discussion / Re: What is the easiest way to explain bitcoin to a regular person? on: March 04, 2023, 11:59:22 PM
First is to mention its advantage or pros to get their interest. Then use of situations for them to comprehend it correctly; not all people would be able to understand, perhaps, volatility and supply-demand relationship. Then don't forget to mention about the disadvantages of this technology. When explaining something, one dhould avoid biases especially if you are just aiming to explain domething and not to persuade them. Usage of examples in line with what they are doing will simply make them understand things on an easier manner than to use technical terms.
How I may explain bitcoin to a regular person depends on a lot of factors. These factors may include the age of the person, the profession of the person or the sector in which the person works in, the academic qualification of the individual, and our personal relationship. I find that using a relatable instance or example to explain a new concept to an individual makes it easier for that person to comprehend the new subject. So that is what I do. For example, in this post I made last year, I shared how I explained Bitcoin to my Octogenarian and Septuagenarian Parents about Bitcoin. I used something very relatable. And they sure loved the lecture.
Indeed age should also be a factor because there is a difference with generations. Also literacy I guess. Not all people are in line with technology in particular with advancements.
1962  Bitcoin / Bitcoin Discussion / Re: I started accepting Bitcoin at my store in September 2021, here's an update. on: March 04, 2023, 11:39:05 PM
Hello all, I wanted to give an update about my hardware store.

I started accepting Bitcoin payments in september 2021 and it has been a very nice journey learning about this wonderful invention. I recently invested in a ColdCard mk4 to keep my funds safe (using it fully airgapped). It really made me understand how Bitcoin works, I learnt that cryptography is literally what holds Bitcoin together, which I find awesome.

I've built up a pretty nice amount of Bitcoin over time and I have never spent any of it (except when purchasing my coldcard). I know for a fact that one day Bitcoin will be worth so much more, cryptography is the future. I'll HODL until the day I die.

It's pretty nice too because customers who know about and pay with Bitcoin at my store tend to come back when they need to purchase something and pay with Bitcoin.

So yeah, this was my little update, thanks for listening to my ramble Cheesy, I'm out.
As others have mentioned, if your intention is to encourage people to do so, it would be much better showing proofs or hints of the progress. Not to doubt but I really think it will be hard to sustain a business such as what you have said; you did not spend any amount, then how come you have sustained your hardware shop? How did you manage to buy stocks for your store? This would only be possible if your supllier also accept crypto as mode of payment but would still be in contrast of not spending any amount. You may enlighten people having the same question.

Accepting this technology as a mode of payment is just okay as long as you will be able to sudtain it such as with maintaining it in general. On my end, i view the possibility of doing so, thru service-baded business wherein dervice is being paid but I doubt if it would be on sales 'coz you'd be needing to refill what your customers have bought from your store. Keep in mind that converting your crypto is situational due to the market price volatility wherein there is always a better time to do so and times you'd hesitate.
1963  Alternate cryptocurrencies / Altcoin Discussion / Re: I have bitcoin, what do you guys recommend I buy as well on: March 04, 2023, 11:20:22 PM
I have a good amount of btc that I'm very pleased with. I love btc. Are there any other coins you guys could recommend I buy next? (none of your comments count as financial advice)
Choose a good altcoin to invest, i believe that even in this bear market there are a lot of good altcoins to invest that is also waiting for the market to recover and if we buy those altcoins now and hold it till market back to bullish then i am sure we will earn, the best part of crypto is that there are a lot of ways to earn you only need to make a good decision to earn.
Every coin has a tendency to recover from a downfall on their market value but only few coins has the assurance to do so. If you are into altcoins which are good for long term investment, then engage with the big names in this industry such as Ethereum, XRP, LTC and such because these coins are always able to follow uptrend during bullish run or even with sudden recovery in this market in general. But new projects are also an option IF you are really that willing to take the risk. There are times wherein a project is promising but is still ending up to fail on their token sale especially if they won't have that much of a hype from this industry. Popularity of a project I guess, is the best determinant of a successful project even at this point, given that demand controls almost everything in crypto industry.
1964  Economy / Economics / Re: How to increase capital investment on: March 04, 2023, 11:01:14 PM
You just have to invest more in order to make your capital, larger. But it won't be as easy as that. There'll be hesitation especially if you are well aware of the risk from engaging into a certain investment. Perhaps in this industry and you have already invested an amount to Bitcoin, as an example. The market price has a tendency to go up but what could make you hesitate is the amount of time you will have to hold and wait for an increase. Also, the idea of investing an amount you can afford losing. As also in line with hesitation, if you cannot afford bigger risk of losing an amount you have alloted for other thing, then that would give you second thought to enlarge your capital. Best way on such cases is to prioritize making your salary or the amount of money entering on your wallet, bigger which would also expand your capability to invest, eventually making your capital larger. You may find other ways to earn money than a job or seek for a higher paying company.
1965  Bitcoin / Bitcoin Discussion / Re: How many crypto wallets do you own? on: March 04, 2023, 10:45:03 PM
I was before having multiple wallets to segregate my funds from different investments but eventually, I only settled into one and is now just tracking transactions on a database. There is really nothing wrong with having multiple wallets, it will just be requiring bigger effort to execute transfering funds if you are needing to do so.
I have been on crypto space for long i always takes precaution on the sites i often visit and how i do use my pc because i know there are many things that could affects my system entirely. If you are holding $100 worth of btc you don't need to entire gets worried, i think only those holding 1 btc and above can make a solid storage of their funds although it depends on choice but for those holding little fraction of bitcoin can decide to use regular wallets. Now talking of addresses, before one own address you must first have a wallet which the address might generates from so all you needed is just to have best wallet installed and keep safe your seed phrase.
Whatever amount it is, worrying of your asset's storage should be normal. Not everyone has the capability to invest large amount of money in this industry. Whether it is dmall or big amount of investment, one should take good care of it and prioritize to to be negligent of their fund. When it comes on partition of funds, as I've mentioned, it will be depending on the individual's effort to do so but will never be a mandatory to do so.
1966  Economy / Gambling discussion / Re: Would You Build your Own Casino(online/offline) If You Know You Can? on: March 04, 2023, 10:26:29 PM
I'd probably still won't. Not because you have the skills to create something, you would rush doing it already. It would be better to always manage the risk. I am aware that there are many gambling sites which are existing at this moment which means there is already a large competition serving as risk whether my new platform would stand out over existing ones or not. Also, capital; it will always be considered. Building your own casino won't be cheap especially if you are aiming for quality or if you have long term vision of it; team or management expenses, maintenance of the platform, monetary reserve and such.

To put it simply, not because you can do something, you'd do it already. Many people knows how to 'box' or fight, but it doesn't mean that they have to list themselves on pro-boxing. Considering the outcome of a decision would be always important than to be reckless.
1967  Economy / Gambling discussion / Re: Do you know any telegram group where a lot of gamblers meet? on: March 04, 2023, 04:05:23 PM
I don't know one but it would be a good thing I guess if there is any, especially a groupchat wherein players from different gambling platforms and different gambling gamed could meet and talk about things or share things with one another. This forum for example, wherein investors and gamblers are interacting with one another. But for sure there will be people to be up against such concept throwing questions such as "why and what for". Advantages could be sharing of strategies or picks perhaps. But inspite of these advantages, groupchatd could also promote FUDs which would put the money of new ones at risk if they'd follow those informations. So I hope down ends are being limited if such groups do really exist.
1968  Economy / Gambling discussion / Re: gambler has 100% trust in each stake on: March 04, 2023, 03:29:07 PM
My question now is, As a gambler would you give 100% to a stake that you trust?

I never would bet all my money on one team or one play. For me the risk is way too high that something goes. Every athlete can have a bad day and if his bad day results in me going broke I did something. Diversification is one of the key concepts in my trading strategies, I try to also do the same when in gambling and betting. In my opinion its better to focus on minimising my risk of going bankrupt than maximising my returns. Also isn't all the statistical data of the top teams already included in the odds? That's why the profits from betting on the top teams is so much smaller. We either need to combine multiple bets for a decent multipler or bet on the underdog.
To put it simply; anything could happen in a match. What OP is trying to emphasize is bias with one's team or single player. Ofcourse stats would be a betting factor but to be hundred percent sure and to bet all in one bucket will never be advisable. It is gambling we are talking about and risk will always be present. Therefore, playing it safely would be better than to pour that much and eventually losing all of your assets on a single bet. Ofcourse we all have our own biases perhaps in sportsbetting. But the best example I guess is that, no team who became champion ever made it to the top without losing. On boxing there's Mayweather without a loss, but would you limit yourself into it? such as betting only on his fights. Ofcourse it would be better to balance and manage the risk.
1969  Economy / Gambling / Re: shame on the stake on: March 04, 2023, 01:25:23 PM
I will leave you with this suggestion OP, now that you have seen the whole thing about this table tennis site, you should decide on moving forward by getting over it and choose another and while during this your selection process, e sure you research well about any choice you're taking and read their rules and policies as well before starting, we cannot be confident with every casino we come across but we can choose to decide on which one to use or not.
This might be a network lag or a lag on the end of the gambler, you missed the chance already and since the support can’t do something about it better to move on and decide if you will still play on stake or you will look for a better site with a great network and support. I didn’t experience this yet but I will feel the same disappointment after losing such opportunity to make profit.
This is the last option just like the suggestion of others here, though if stake explained what happened on the system maybe OP will accept it but it looks like the support is not making any valid explanation which makes OP more upset. Losing the money and the chance to make profit was a big problem here, you’re in the right place at the wrong time, looking for an alternative site can help as well though it may take time before OP trust another site.
For sure maby players of the platform are aware of the 'glitch' in particular with UI lag. Unfortunately such thing won't be prevented in an instant given how many users are playing on the said platform. Enlargement of a network or platform server won't be done in a single snap and for sure management would be doing something from this problem, now that it is raised. Moving to another would be a good thing to do especially if you are no longer interested on a certain platform but for me it would be better to atleast wait for a little longer for team to be able to address this; OP's cooperation for sure would help.
Such lags are possible due to the lag that caused by either your network or odds provider. If support doesn't help nothing can be done here especially if you don't have solid proofs like screen record. Many users included me faced same lag issues on betslip cashout page and when placing new bets on live matches.
Others have also mentioned of such thing but they have managed to adapt with this downside. They also had a chance to engage with other platforms but chose to stay for a reason. I myself have also experience lags but I'd more prefer adjusting and waiting for things to be solved than to move and be problematic with risk of being scammed afterwards by fraudalent platforms.
1970  Economy / Gambling discussion / Re: bookmaker clone on: March 04, 2023, 11:43:38 AM
To be honest, I have never even heard of that casino before. What makes their lines so special? Have you compared them to some of the top crypto bookmakers out there? Is there something specific they are lacking?

I like the line and painting in them, I'm used to them and I want to find the same only in cryptocurrency.

I do not know how trusted those online casinos that you have indicated can be considered, for crypto there is a similar interface in stake, for example, or generally deployed immediately to all the proposed possible outcomes according to the version roobet.com.


Why would you be seeking for a clone if you can engage with the original one? It could because you are wanting more, in general, but you are also seeking for risk of losing money from doing so. Take note that clone gambling sites are simply not affiliated with the original and that is an enough reason to be cautious with engaging into such platforms. If you are really into such concept then stick with it than to find an alternative offering the same thing you have liked from the start. Most of the people here are not even familiar with the mentioned platform so what more of its clone.

There are many gambling platforms to choose from and for me, they are all offering the same set of games and almost the same promotions. The only thing wherein they differ is how the site itself is being managed as a whole. Keep in mind that it is money you are using to engage with such platforms so you better be careful; sometimes the urge to save will cost you more.
1971  Economy / Economics / Re: Benefit from Higher Education? on: March 03, 2023, 07:17:41 PM
It simply opens up bigger opportunity; monetary and connections I guess. Monetary because entrepreneurship won't be something big if you won't have the capital so atleast if you would be able to have a degree it would be easier on your end to accumulate fund and to feed your market interest. Connections on the other hand speaks for professionals on the same field wherein you would be able to have contacts with them which could help establishing your idea.

There are indeed successful entrepreneurs who did not go to college but still managed to have a big name in the field of entrepreneurship but why would you be doing the same thing if you have the option to be even greater or atleast have a better way out of it? It would be a gamble just doing the same thing because opportunities won't be the same for everyone.
1972  Bitcoin / Bitcoin Discussion / Re: Willing to invest on bitcoin but having some challenges. on: March 03, 2023, 05:58:14 PM
Would be hard to be honest especially if it is circumstances which is the main factor which prohibits you. If forcing through would consume that much of effort, then that would solely depend on you whether to continue or not. Also, investment is not limited in this industry; it is everywhere. You may choose to look around you and look for an alternative which would be more efficient on your end. This is somehow a misconception on investment field; many people would only look on a single perspective and not on the industry in general. Indeed this industry is profitable but if you'd be limited in some aspect, maybe pushing through won't be the better option.
1973  Alternate cryptocurrencies / Altcoin Discussion / Re: In the best interest of investors, Bounties shouldn't be paid in Tokens on: March 03, 2023, 04:31:18 PM
Depends; if you are not new in this industry, you'd appreciate token rewards from bounties. Way back 2017 many people earned huge money from token rewards. But I won't say things would be the same as with the present. Most of the projects before are succeeding with their token sales which results to bigger profit for the investors. At this moment, most of the projects being promoted are failing on its start which somehow changed the market. So for now, I guess it is just a good thing to pay on other chain such as Bitcoin than to be patient of the rewards and eventually earning less than expected. Simply because it generates a more stable payout from projects.
1974  Economy / Speculation / Re: Price guess for March on: March 03, 2023, 03:27:29 PM
Maybe another stagnant month, but who knows. It's too volatile to predict where it will go. I have my own analysis though that it will not be that far from the last February price. $2k down or $2k low, that what I just see, if it goes bull it won't last that long and goes back to where we are right now.
I always like to think there are those investors in the shadows that would take advantage of the opportunity to sell even if the profits are low. It doesn't matter to them, reap the rewards then let go. Buy again when another dump comes. Short-term strategy at its best.
Things happen breaking patterns. The market itself is too unpredictable; there'll be times for sudden increase and as well as crash. Trend is only determine whenever the hype is established or if there is a strong enough reason for an increase to be continuous. News for example could create a wave  with the demand and ofcourse with the price. Same thing goes with market price downfall. The month has just began and there are many things that could happen. Strategies won't work if there is no actual pattern for a market behavior. The only thing investors could do, as usual, is to just wait for the right time to enter a certain coin.
1975  Bitcoin / Bitcoin Discussion / Re: Robbery that attacks Bitcoin Holders on: March 03, 2023, 02:28:46 PM
there is no detailed explanation of how the thief could find out that the tourist has bitcoins
It wasn't a rocket science really as this guy is crypto "entrepeneur" so it was safe to assume that has some crypto. Just another proof how dangerous is to let everyone know that you are into crypto and I am susprised that we are not seeing more $5 dollar wrench attack cases like this.

Maybe this is the same as someone who flaunts their wealth into the world- you have this hanging sword of Damocles at your back when this happens. Like what they say, if you have such wealth, you must also have the responsibility of ensuring and protecting your safety as anyone can definitely harass you, especially what happened to this guy.

Quote
Then again, he might got what he deserves as he seems like a scammer that got robbed. Karma is a bitch.

I definitely agree. Though I do not want to glorify acts of violence, I do think that he got what he deserved especially that he is known to promise guaranteed profit to users. Sounds like he is organizing a ponzi-scheme where he defrauds people into his projects.

Whether it is cryptocurrency or fiat, such action is dangerous. It is like welcoming the bad guys or challenging them to charge at you. We will never know who has bad intentions until such thing happen. It is better be preventive and with wealth, being secretive would be a good thing to do. But most of the users are right; never blame the victim. If someone is bad, he will do things no matter how you try to hide something from them. Such thing for sure happens on a daily basis. In my country, there was a city wherein news related to this topic made noise last year but the offenders are people with authority. It was not officially broadcasted which somehow makes it sketchy but looking at possibility, such thing may really happen.
1976  Alternate cryptocurrencies / Altcoin Discussion / Re: Should I buy BNB now? on: March 02, 2023, 10:59:30 PM
The choice to return to yourself is actually because even in this condition everyone must have an opinion but I suggest not to follow other people's advice too much because the decision to buy or not is in our own hands.
We have to have our own research for that when you are sure then buy but when you feel unsure then don't force it because indeed the best advice is bitcoin if you still want to buy.
If it is from the majority, then it is worth giving a shot. Remember that the market price is determined by demand and demand on the other hand is determined by majority's engagement on that particular asset.

Also, BNB could be a bigger token in the future given that they are about to relase their next launchpad. It made a huge increase on its price due to its development on the recent years which makes it also a promising token. One of the launchpads are MATIC, ALPHA, LAZIO, PORTO and more (have read on an article). Also, it is an exchanger token which means that as long as the reputation of that exchanger would be remained good, then its downfall would be blurry.
1977  Economy / Economics / Re: My survival strategies in this harsh economic conditions on: March 02, 2023, 10:34:59 PM
This may not applicable to everyone but its a good idea to set-up your strategies on how you can deal with the economic situation especially with a threat of higher inflation and another financial crisis.

With this, I’m also thinking on how I can survive the threat without suffering that much, this is a good idea and I love the thought about living within your means and cutting some of your expenses just to survive the crisis, though you can practice that even if there’s no crisis.
Always the idea and that is enough. The only point is to adjust especially if the situation would push you to do so. We are going through different circumstances basically, and even if you are earning on above average lifestyle, once a problem affects the majority, you will need to somehow adapt with changes. On my end, I tend to make alternatives whenever I am saving up to something. Perhaps making my own food to be brought at the office for me to avoid eating on fast food chains which are basically more expensive. Also, walking if the distance isn't that far and lastly, not wasting any food. Sometimes it just depends on the individual.

Indeed it is tough to think "why should we adjust? governments should be doing these things for us". Waiting for governments to aid economic related problems would cost you forever. So better start it with yourself to save you time. Also it would be you, to benefit from it so I think it would be just fine.
1978  Bitcoin / Bitcoin Discussion / Re: The fruit of greed is never good,, on: March 02, 2023, 03:57:08 PM
Although I think such discussion should not be in the form. However, I shared the story of one of my friends being cheated.

A friend of mine invested some of his savings in Bitcoin. But unfortunately today his personal wallet got hacked. Balance 00. I was telling my friend how that . My friend said he gets a message on Telegram and gets greedy and enters the link they provide and connects his wallet. After a while he came and saw that his balance was zero.

"Sin of Covetousness and Death in Sin" Like my friend, none of you connect wallets by entering any bad links. No one will be deceived like my friend.
It seems that your friend connected the wallet to the phishing site without realizing it, so his wallet has been hacked. Current fraudsters/hackers ask to connect the wallet by showing various offers through email, telegram, if someone connects the wallet according to their instructions, the hackers will definitely get access to the wallet. Lately I have also received messages from several phishing sites but I do not replay those messages or do any formula maintenance as per their instructions. All of you stay free from these hackers and keep your wallet safe.
Whether phising site, greed, or what, it is imprtant to be knowledgeable of what you are doing especially if it involves your money or an amount you just cannot let to slide in an instant. Greed? everyone wants to earn huge money like who does not want to? It is a normal response to a stimuli; better life. But problem arise due to negligence of one's action. There's no such thing as an easy way to earn profit, it should be embedded to us that in order to earn it, efforts should be exerted first and that does not include clicking suspiscous links. There are airdrops and faucets one could earn money from but not all are obviously paying so what more with money multipliers in general right?
1979  Economy / Gambling discussion / Re: My Experience on Bulk Bankroll vs Partial Bankroll on: March 02, 2023, 03:23:20 PM
Partial works well on me, I'd say better than bulk aside from the fact that i cannot afford buring that much on a single roll. Bulk bankroll indeed will generate bigger profit; higher risk means higher reward. But question is; how long would your capital last? On my case, partial bankrolls allow me to extend my capital to few more bets than it was supposed to. If you have a large capital, and if you are really down of embracing the risk, bulk could work on such instance. At the end of the day, it would be one's fate to determine the outcome. If you are really unlucky for that day, no matter what strategy you will use, you'd end up with loss; will only vary whether it would be big or tolerable.
1980  Economy / Gambling discussion / Re: Why do people go into gambling? on: March 02, 2023, 02:17:35 PM
Other than money and entertainment, are there any ither reason to do so? Well, players who are here for entertainment are few for sure. Most of the people here engaged to gambling simply because of the belief that this is a way to be rich. Well, indeed there are really people who made fortune out of gambling such as with lotteries but unfortunately, it is quite 1:1000000 probability for an individual to be in such situation. More players are losing; let us face the truth. But for players, the slightest chance is enough for them to believe that the one of a million individual could be them.

Money is that powerful but never the root of all evil; it is one's intention. Money could almost give you everything which makes it an enough reason to take risks or to simoly gamble their fate. Who doesn't want to be rich anyway? Also if there is an "easy" way to do so, why not? These ideas are simply pulling people towards this industry. And we just cannot stop it that simple. It takes one's initiative to do so whether to engage or not.
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