just because a country has a large nominal debt figure doesn't mean it's drowning or unable to function economically. These countries, particularly the developed ones you've listed, possess substantial assets and financial instruments. Now, why don't they just pay off their debts if they're so wealthy? Think about it. If you could borrow money at a low-interest rate and then invest it somewhere with higher returns, wouldn't you? That's basically what nations do. Also, here's a little nugget of truth: some countries strategically maintain debt because it's advantageous. Having debt instruments like bonds means foreign investors have a stake in your country's success. If they're invested, they're less likely to engage in actions that could harm your economy. Now, your second point about rendering aids is something many people misconceive. Providing foreign aid isn't merely charity. It's often a strategic move, whether for gaining political allies or for ensuring resources and trade deals.  |
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Frankly, if anyone needs to be told not to gamble in front of their children, they should probably reconsider their parenting strategy. Gambling is an adult activity with very adult consequences, and exposing young minds to it is irresponsible. When you become a parent, you sign up for a role that involves shaping another human being's life. If you're selfish enough to bring your vices into that equation, you're failing at that job. Your kid could end up paying for your irresponsibility in a way that's irreversible. So, heed this person's warning, folks, or prepare to face the consequences.  |
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In the opinion of people who like to gamble, they don't care whether they are rich or poor, they only think about having fun, even though they are just wasting money. The important thing is that they can gamble and get momentary pleasure. .
And if you look at the opinions of people who gamble to earn income, of course this is still doubtful, in my opinion gambling is just luck and we shouldn't expect too much to win, we will definitely experience defeat, even if we play with tricks. or even a good strategy, of course we cannot predict the winning results later. Same thing I have also observed that people don't think about their economic condition but they continuously bet in order to get money therefore this bad activity become their habit now they just focus on bet and never think how they will recover their wasted money and how they will return debenture. Gamblers believe on luck and I think getting money through the way which has no origination will be full of disadvantage. I don't know why gambler don't think about their financial crisis but do always wrong things. At start gambler do gambling for fun but when they loss for three to four times then they are trying in recovering their money but according to my opinion they should forget about their loss because in such tries they are losing even more money but cannot recover lost amount back. Since you're so quick to criticise others' practices, let me explain. Some gamblers get caught in the loop of trying to recover losses, which is well-documented, but not all gamblers are mindless drones driven by hope and luck. Your claim that gambling lacks "origination" for money is absurd. Every investment, enterprise, and action carries risk. Even our past is full of intentional and lucky decisions. Our DNA! Before you call gamblers foolish beings destined for a financial calamity, consider our evolutionary instincts. I've heard foolish things today, but encouraging someone to "forget their loss" may be the most. My friend, life isn't black and white. I agree that obsessive recovery might cause additional loss, but everyone's gambling experience is different.  |
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Well, you're not entirely wrong, but you're not entirely right either. Your argument skims the renewable energy discussion without getting into economics. You say "long-term benefits" outweigh costs, but have you considered discounted cash flows or capital opportunity cost? Remember that money runs the world. Who will pay for the massive upfront investments needed to switch from fossil fuels to renewables? Taxpayers? Large-scale economic transformations are typically difficult for governments. Manufacturing decline in the rust belt caused economic displacement. Your third challenge about social and political acceptance is laughable. Public awareness campaigns? Please. More than pretty advertising and hashtags may change a global economy. Economic incentives speak louder than words. Market forces, not public opinion, will drive renewables. A harsh but simple fact.  |
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Nothing can really stop the ultimate gambler who is highly addicted to it. I had some friends who used gambling site blockers that they installed on their phones and PCs, then they went to cafés and did gambling on the computers available there. Then after losing, came back home and bought a new phone from their salary and again started gambling with the remaining money, as if they could not stop even after having everything in their life (family, kids, friends, a perfect life partner, etc.) There is only one thing that can stop you from gambling, it's you only. If you decide to control yourself, it is possible but it needs ultra pro max level discipline (I know it sounds like some smartphone name  ) and confidence in yourself that you can do it. Honestly, it sounds like your friends could really use a crash course in self-control, doesnt it? That is, going to coffee shops after installing blockers? Buying new phones just to gamble? Talk about commitment to the cause - but in all the wrong ways. There are many tools on the internet that can help stop people from gambling. Its true that you can only rely on yourself to stop gambling. Its just common sense. External tools can only help so much. Its all up to you in the end. And seriously, "ultra pro max level discipline"? You should copyright that before Apple does. If anyone's looking for advice on controlling their gambling urges, they could start by NOT being like your friends. Just letting you know.  |
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nowadays many of these new casinos and when I talk about new casinos I am referring to casinos that have been in this market for only 3 years, have used the TOS as a weapon, especially in the kyc part, even when a person does level 2 kyc, if If this person deposits little money but is lucky enough to hit a game with a large multiplier, then the casino will ask for level 3 KYC, which generally ask for proof of where the funds came from, see how ridiculous this is because they let the person deposit little money. , they let the person play and when that person wins a lot of money in the casino itself, then the casino wants to know how that person has a lot of money in the casino account
This type of behavior from certain casinos is simply unbelievable, and when the person hands over the document, which is most of the time a photo containing the crypto account address he used to send the money and a photo of the exchange account or crypto wallet , the casino refuses. the casino completely forgets that we are in the cryptocurrency market where people buy cryptocurrencies to hodl and do day trade with cryptocurrencies, the casino purposely keeps asking for things from the bank but at the casino the person did not deposit money using the bank's debit card, so One thing is ridiculous about the casino's attitude
and it's not because the casino really doesn't realize that their attitude is ridiculous, they know that, but as they want to retain the customers' money so they keep using all kinds of meaningless things until they tire the customer so that the customer gives up his money that is in casino, by this I mean that having or not having kyc declared in the casino's TOS, as long as the casino behaves bad and uses its TOS as a weapon to steal people's money, then there will be no point in talking about the advantage and disadvantage of kyc and not kyc. Most casinos have already realized that putting in their TOS that they will ask for kyc and lying to people that they didn't ask for kyc has become a good strategy for them, although I can't understand how people believe these lies
Three years or thirty, they've caught on to using the TOS, especially the KYC part, as their trusty weapon. However, KYC is shit. It's a needless and tiresome inconvenience for players. And who's the puppet master behind this? None other than our beloved government, forcing these rules upon casinos. Nevertheless, These casinos are insane. They eagerly accept even the smallest deposits. But how come it's KYC Level 3 time all of a sudden when a player has a tremendous win because of Luck? What a joke. The crypto things are even funnier. We're in a crypto age, and these casinos expect bank proofs when crypto was used? Absurd! The truth is, they know their tactics are ridiculous. All they're doing is taking a chance on the reality that most players will ultimately get tired and give up on their money. The play on the TOS is a typical example of making a promise and then breaking it. People falling for it is even more ridiculous |
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Well, that was a fun read, even though it was a little...inaccurate. Let's start with your assertion, which I will call "real and speculative demand," and then we can go on to the market's actual supply and how it compares to your prediction. I agree. But It is a little too limited. There are uses for bitcoins and other cryptocurrencies outside trade. Ever heard of decentralized finance, smart contracts, or even digital identities? It goes beyond simply "transferring funds online." Fundamentally, Bitcoin functions as a hedge against the volatility of fiat money and centralized financial systems. It's a little corny of you to compare Bitcoin to the tulip bubble, don't you think? Furthermore, the fact that Bitcoin is decentralized, international, and immune to censorship has intrinsic value. Your idea is stupid, but possible. Though I f***ing love Bitcoin, I'll entertain your notion and give you a generous 0.1% chance that it'll crash to zero. You're welcome. |
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Whoa, congrats for understanding the concept of halving. From the very beginning, this has been one of the main ideas behind Bitcoin. Well done, though, for catching up.
If you'd done more research, you'd realize Bitcoin's impact on the crypto industry is unmatched. But HEY, everyone starts somewhere, don't they? It makes sense that when Bitcoin goes up, the market usually goes up too, and the other way around. Your surprise that people who don't own Bitcoin knew about the splitting ahead of time is cute, but those of us who have been in the game for a while can see it coming a mile away. Keep reading, and maybe next time you'll impress us with something we don't already know.
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Previously I wanted to ask, have you sold the bitcoin you bought at the time of ATH or not? if yes then it is true that you have lost, and if you have not sold it then it cannot be said to be a loss because the possibility of bitcoin touching the previous ATH or even exceeding the previous ATH is very large.
You have done something right, because when you experience something undesirable (buying bitcoin, then the price drops far from the price when you entered) you continue to try to learn or deepen your knowledge about bitcoin in particular. Because sometimes not a few when they experience something unwanted they immediately stop and even say this is a scam.
I bought bitcoin at ATH and now i am "in loss" not "lost" means i am still holding them for almost two years. there is no need to say this is scam, it's a cycle which repeats each time and repeated this time also, but i was unlucky that i invested, and my first try was a loss(considering if i sold). I don't know whether i feel lucky about it or unlucky and sad about it. In terms of being lucky: I am facing loss for almost 2 years in which i experienced what the bear market look like so next time i can get prepared for this type of dips. In terms of being unlucky: My money was not working for me for almost 2 years, instead i might invested that money in my countries stock market (which performed very well making new ATHs) then i was in profit for now. Maybe there is some necessity for forum members to take you seriously, to presume that you are not failing to tell the whole story and/or to consider your own responsibilities in the matter. Surely, I will praise you if you had held through the whole time, and your story it not so far out there that it could not be true, because I do recognize and appreciate that there are people who go too far into bitcoin by investing too much without having a plan for either price direction, including the extremes, which frequently it seems that the extremes come when not expected, but there are still needs to prepare for them, and it is problematic to go all in to any asset whether bitcoin or anything else if you could have looked at the chart and you could have seen that it had already gone up around 17x from its $4k-ish bottom from either March 2020 or from April 2019.. and going up to $69k-ish in November 2021. I frequently describe the lump sum buyer at the top as a kind of fantasy situation in which no one would really do.. even though people do those kinds of thing... The smarter thing to do, even if you make a lump sum buy at the top, is to continue to buy all the way down and just continue buying, but part of the problem of the lump sum buyer at the top may well be that they don't have any money left for buying... so then the logic may well to be to just sit on the investment, which seems to be your story... Maybe you will get back to profits, and maybe you never will, and the fact that you sit on your investment rather than continuing to buy, you have a higher price that you have to pray that the BTC price gets back to in order to get back in profits, as compared to the person who continued to buy might well be in the neighborhood of break even or at least way less under water than you, even though maybe the person who continued to buy may well have had ended up investing more into bitcoin.. so instead of buying 1 BTC at $69k (or whatever price and amount you bought), the one who continued to buy may well have ended up buying 2 BTC for a total amount invested of around $95k (see the DCA of $250 per week for the last two years to have had resulted in $26k invested and about 1 BTC accumulated).So yeah having 1 BTC for $69k versus having 2 BTC for $95k might not feel like it makes too much of a difference, even though there are ways to bring down your average cost per BTC and there are ways to consider that it is fucking less than smart to go all in when the price is rising like that.. even though surely a decent number of people are lured into that kind of FOMO.. and also many of them end up selling - and cutting their losses way sooner rather than riding it out, so there is a bit of smarts to just let the investment ride out when a guy (or gal) realizes that s/he had made such a mistake in the event that s/he is not able to continue to invest to bring down his/her average cost per BTC. Don't get me wrong. I did something similar in late 2013 when I first got into bitcoin, and so I continued to buy bitcoin through 2014, 2015, 2016 and 2017 (even though I did not really inject very much new money starting in about late 2016), and so my very first coin was in the negative all the way from late 2013 until about March 2017, but my average cost per BTC was only in the negative until about late 2015..... so I can understand the experience of how long it might take to build a BTC portfolio in the beginning and to get the BTC holdings into solid profits.. while at the same time realizing and appreciating that there are no guarantees regarding BTC's price direction or that it might end up going to zero, so there are needs to figure out position size in accordance with how much you want to put into such a bet. Regarding your whinny comment about stocks out performing bitcoin in the period in which you invested, and even if true, you remain a dumb-ass if you believe that stocks are a better investment than bitcoin, even if you can figure out ways to spin facts or to selectively look at the bitcoin versus stocks situation in such a way to whine about it and to presume stocks to be a better investment... That kind of comment and dig at bitcoin, sounds quite disingenuine to me... or maybe you are just whining? In any event, good luck with your investment into stocks and into other non-bitcoin assets, if you believe that is the direction to go..you are likely going to need a wee bit of good luck on your side. Well, I have to admit, you wrote a really good essay there. You are correct about one thing: there are many success and failure stories in the Bitcoin community. A lot of us recall the swift rises and ensuing falls. Allow me to make a few observations, though: 1. The whole concept of "buying the dip" is easier said than done. When the price skyrockets, FOMO kicks in, and when it plummets, fear takes over. Emotions aren't the best financial advisors. 2. "Continuing to buy all the way down" assumes you've got an endless flow of capital, and it also assumes you can time the market, which, let's face it, most people can't. 3. About your comment on stocks: It's not about whether stocks or BTC are better investments. It's about diversifying and understanding risk. If all you do is chase the next big thing without a strategy, you're playing with fire.
I really like your aggressive style by throwing around terms like "dumb-ass" in a serious discussion. It makes us fell more engaged and closed. We're all here to learn and share, after all. Best of luck with your investments, and I genuinely hope you've learned from your past mistakes.  |
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In every society the conditions are different like in our society gambler never thinks about others and bet for only their personal profit. If it was such a beneficial thing then it will not be banned in our society.
Instead of charitable character gambling often insists a person to be a part of those job which is not consider as a good process in our society. People are in favor of gambling that it provides money for helping others but according to my opinion gambling completely spoils the life of an innocent people.
I would love to say my point of view about this. First, it isn't gambling that spoils the life of innocent people but the gambling addiction. What drives gambling addiction? It is the irresponsible way of people dealing with gambling activities. It is more of gambling abuse. I would not blame gambling for people's financial ruins. It is their lack of discipline that lead them to that destruction. We have seen people who enjoys gambling activities but still keep their wealth healthy. Why? Because they moderate their gambling activities. They set the amount they are afford to lose and keep the boundary with it. Finally, someone who understands the simple fact that it's not gambling that's the issue, it's the pathetic lack of self-discipline that people have. I understand. This entire story about how gambling destroys lives is just a convenient way for people who are unable to accept responsibility for their own errors to get away with it. Here, irresponsibility is the primary offender. Individuals ought to quit blaming gaming for their own inability to exercise self control. You shouldn't be gambling in the first place if you lack the self-control to establish and adhere to a limit. Let's not mince words: don't hold the game responsible if you are unable to manage your behaviours. |
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I don't think making bets in the last minute is a viable gambling strategy in the long term. People make lots of mistakes when they are in a hurry and gambling isn't an exception. Betting on sports needs careful planning and doing proper research. If you just make bets because you feel like it, you will definitely lose most of them. If you make your bets like that why don't you just play dice then? It makes more sense since dice is all luck based and it doesn't need you to make any research beforehand. If something has changed your mind in the last minute, then you shouldn't even make a bet on that game anymore because if something has changed, lots of other things which you don't know about may have changed as well.
Gamblers with the less experience only do the gambling at the last minute betting.The betting at last minute almost the risky one,the gambler should not gamble in the hurry.With my knowledge the gamblers who do gambling at the hurry had loss their money most of the time.If the gambler really want to win the game,he should build their own tactics.If you do the random bet in the gambling,it may leads to the loss most of the time.If you like the dice to play,then you keep bet and most of the time you loss.Becasue you are ready to do random bet in the gambling. Now, isn't that pretty clear? People who are new to gambling make mistakes when they place bets at the last minute. As someone who has gambled a fair amount, I can say for sure that rash choices almost always result in losses. And I don't mean to be rude, but it looks like a lot of these new gamers could learn a thing or two from the pros. Making plans is very important. Chance bets? That's not a good idea. Some people seem to think that gambling is all about not being careful and hope for the best. If you like to play dice, then go ahead and do it, but be smart about it. Bets that are all over the place will only hurt your wallet more. If you really want to bet on sports, you should be ready to study, plan, and understand the odds. Giving less than that is just putting money into someone else's wins.  |
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Gamblers become so addicted that they lose control because they do not have the strength to understand what is happening to them. A gambling addict prioritizes gambling over personal family or social responsibilities there is an impossible and uncontrollable demand for this game. In gambling rather than financial gain the excitement of the game acts as the main catalyst behind its addiction. So it can be seen that a person addicted to gambling spends most of the day with the thought of gambling and is ready to increase the amount of the bet they have no regrets.
You ask a person who is addicted to gambling to play with care and responsibility, will he listen? Never. Because he will tell you instead that he is already playing with care and he knows how to manage his games (when in reality he does not). Anyways some gamblers who are not yet addicted, get the hard lesson when they play aggressively without money management and they lose their money. Those who learn from their mistake will always take calculated risks in gambling because they know that this is not a place to make easy money. It's hard to get a junkie to change their mind about anything. Plus, I've seen enough players who THINK they're being smart, but they're actually falling deeper and deeper into the pit. It's true that people who play too much but aren't hooked will soon be hit by reality. It's just a shame that a huge loss has to happen so often to wake people up. For the few smart ones, they learn from the bad experience and change their plans. Let's be honest: anyone who thinks that gambling is a surefire way to make money is crazy. There's a reason it's called "gambling." Your perspective? in the middle of a sea of people who consider themselves "masters of the game." |
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Online gambling platforms exists not only to get you some lucky wins, it's also another form of entertainment, but I will like to ask if truly you people are getting that entertainment from gambling?
We can see what the world is becoming now, things are getting harder and what's on peoples mind is how to make even more money, there is no time, there are too many responsibilities, are you sure you getting entertained?
Some people already feel like they are not having fun, because what they have in mind is making money, to all people that feels this way, If you feel like you aren't having fun I believe for the greater good, it's better to take a break from gambling and do something else.
Do you agree or disagree?
I believe that most people end up messing themselves up with gambling because to them everything is money, money, money, and this can stop your brain from becoming a responsible gambler, the sense of protecting yourself from gambling addiction can get lost if you are already not having fun with gambling anymore.
That is what I'm currently doing right now. I've been exposed to gambling since I was an addict and there are games that are used to be fun and now it's quite boring even I know how to play the game and I can possibly earn money in that game. I only play occasionally nowadays and most of my gambling sessions are for past time and fun purposes only, not for the sake of money anymore. I can control my spending even I only play sometimes because I have a allocated budget for it. If you are not having fun, take a break and slow down your gambling activities. Learn new hobbies or interest, there's a chance that you can completely stop from doing gambling. While it's surprising to see someone like you shift from addiction to occasional fun, I must give credit where it's due. So, clap, clap. Yes, games lose their appeal, but remember: the house always wins. You might want to pat yourself on the back for having a budget now, but let's be real, even occasional gambling can slip back into addiction. Ditch the games and find better hobbies. After all, wouldn't you prefer a hobby that's actually, I don't know, enriching? |
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It seems that you overlooked the geopolitical situation. More and more individuals see bitcoin as a hedge against global economic volatility and currency depreciation. In nations where prices soar and economies collapse, individuals turn to decentralised assets like Bitcoin. Maybe that's too complicated for a simple analysis, though.
Well, well, look who's turning into a Bitcoin scholar. I would have expected a little bit more depth given the massive 2 merit and over 2000 posts. Hey, not everyone is a specialist, is they? |
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Kiyosaki, after all, isn't he typically the loudest person in the room? Not that I'm surprised; he has been discussing money in general for a while now, both traditional and modern. Let's just say that after following the trajectory of Bitcoin for a while, I'm not totally in line with Kiyosaki's expectations. I will grant him this, though: the old finance system, with its never-ending money production, is growing a little... stale. The impending halving of Bitcoin is going to affect everything, so if you're not aware, you better find out soon. When it comes to crypto, you should always be one step ahead of everyone else. |
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Bitcoin isn't a stable coin, there's no way the price will stay forever at $30K especially the government didn't fully control and the market is free. It's better to say the price might be not so high as the #1, maybe it could be higher for 10-100x times.
I will choose #2 because profit isn't the only a reason why I invest most of my money in Bitcoin, I really like the decentralization, transparency, security and the privacy.
Being stable and stable coin is different. Stable coin has a 1 dollar fixed value while being stable means the price can remain in one direction. But anyway you are right that there is no way BTC can stay on that price since it is still a volatile coin. Government don't or can't fully control it but they can influence the price through their decisions if they will allow BTC or not. Then there are big institutions and whales which can also do the same. It's indeed better to be humble but it's funny that this is where the price can rise more, and not if when we are very confident or expects too much. I like your initiative there mate. You are like Satoshi because he created BTC not for the money but for our sake and as a counter to fiats. It looks like someone read a bit, right? Allow me to explain further. You're exactly right that there is a difference between a stable coin and one whose price doesn't change much. But keep in mind that BTC is more than just fluctuation. Such a trend is not controlled by any one government, even though policies can have an effect on it. But your comparison to Satoshi? Let's not put everyone so high up, please. Satoshi had a vision, sure, but BTC isn't just about countering fiat. It's a revolution. You are only seeing the very beginning |
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Well, it's good to see someone taking the initiative, even if the approach might not be entirely right. Removing network drivers alone is insufficient to completely open an air gap. Real air gapping necessitates isolation outdoors. Regarding hackers, they might reinstall those drivers if they manage to get physical access or if you use any infected devices. Pro tip? Take it a step further and separate the networking component. |
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