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221  Bitcoin / Bitcoin Discussion / Re: Maybe someone knows who the address belongs to? on: March 28, 2024, 05:30:23 AM
Hope you get your bitcoin back, this thing happened to my friend too back in 2017, if my memory serves me right, the amount of bitcoin sent to him was around 2.5 bitcoin, it was a crazy moment for him at that time but my man's got morals and believes in karma, he returned it to the rightful owner without accepting any reward for sending it back, that return paid off for him though, my guy's prosperous as he can be now so I hope that you're going to find that person to be the same as my friend, plus that person probably want to return it anyway or that person's KuCoin account risks getting the boot.
222  Economy / Gambling discussion / Re: How my gambling life started. on: March 27, 2024, 06:57:35 AM
It's not the gambling that was the problem, it was the money that was the problem. Maybe it's your family too that's got a problem because you let greed and envy break your bonds with each other when it shouldn't be the case, that's not how you do things in a family. The best way to move forward with you guys is if you start talking about this and dealing with it, not dealing with it and solving the problem is going to be an open wound that you guys would have a hard time closing the longer you don't talk about your issues.
223  Economy / Gambling discussion / Re: International break's in football. on: March 27, 2024, 05:56:33 AM
I don't think it's a good idea to remove breaks just for the fans' satisfaction about being able to watch their teams compete, we're forgetting that these people are human beings and I don't think that the players would agree about removing their breaks in a year, that's a good time for them to do other things that they're passionate about. As a parent, I don't think that I'd force my kid to something that's my interest, unless they show interest then I'd help them out but if they're not then it's fine, it's good to remember that you're raising an individual person and not a clone of yourself, it's really sad that other parents do this kind of thing thinking that it's normal but in reality it's pathetic, to be forcing your dream to your kid is pathetic and sad thing, and a sign that you never should've been a parent in the first place.
224  Economy / Gambling discussion / Re: Do you take Part in Gambling Lotteries ? on: March 27, 2024, 04:42:10 AM
I also take part in lotteries. I mostly join free lotteries on different websites to try my luck. Although I know and I'm aware that there's only a low percentage to win in such lotteries, and I, myself, had never won in one haha. But still it's worth to try, you do not know, one day you'll be lucky to hit the jackpot.
That's not a bad thing, at the least you've increased your chances compared to those that didn't even participated in the lottery, there's also the fact that you're not spending any money on it, they're free so what really was lost to you? I don't think that there's anything besides your time. I do participate in lotteries too but I'm not that apt to go overboard, it's cheap to buy them tickets to get in and you can easily buy more than you should which can be a problem.
225  Economy / Gambling discussion / Re: Where is the fun when you lose your money? on: March 27, 2024, 04:10:06 AM
If you're focused on your money losing when you're gambling, that only means thaty you shouldn't be gambling because gambling should be for entertainment purposes only and it's not really a matter of money making and if you're still thinking that gambling is for making money, you probably need to get a job because you've got a really screwed up way of thinking how money works. Trust me OP, when you don't mind the money that you'd be losing when you're gambling and you don't care about it, that's when the fun that a lot of people are talking about starts showing up.
226  Economy / Gambling discussion / Re: Are crash games profitable??? on: March 27, 2024, 03:02:27 AM
I don't know man, I feel like any gambling game out there, if you're not the house, it's not really profitable because you risk money with a small chance of winning it back, that's gambling for you and no matter how much copium we all inhale just to make justifications that our gambling habits are somewhat making us a profit, it's still gambling and we would still lose more even if we experience some wins. That's why gambling businesses are regulated and licenses are difficult to be acquired, it's a really profitable way to make money because it's the people that are willingly losing their money in your casino, no advertising needed, gamblers will come no matter what.
227  Bitcoin / Bitcoin Discussion / Re: The power of HODLing BTC on: March 27, 2024, 02:21:33 AM
I like to think that the person behind this wallet is someone that knows bitcoin intimately and has some knowledge in tech and finance and they've come to a conclusion that it's a worthy investment that they've considered investing and hodling or better yet, they could've invested to it for the fun of it and just hold on to it, initially thinking that it's nothing and then it grew in price and they just kept on buying until they got to this point. Definitely a testament to the power of hodling, not just with bitcoin but also the hodling itself since you can probably do it with other crypto out there.
228  Bitcoin / Bitcoin Discussion / Re: Dangerous insights on bitcoin Investor on: March 26, 2024, 05:23:48 AM
This kid needs to move out of his parent's house, that's the only way out of this one, if your own parents can't fathom what you do even if you explained it already and you're truthful about doing nothing wrong and they still think that you're wrong, you need to be out of that house ASAP. I've seen this quote in my social media feed.

Quote
Don't believe all of the things that the elders tell you, even fools grow old.

It's a profound quote but at the same time a challenge to the norm that just because you're old doesn't mean that you've got all of the wisdom and knowledge and that everything that you say is true. So regarding this, if the people that you care the most do not understand what you do no matter what way you explain it, you're better off not talking about what you do to them, this applies not just with bitcoin.
229  Alternate cryptocurrencies / Altcoin Discussion / Re: Are NFTs just marketing gimmicks with no added value? on: March 26, 2024, 04:31:28 AM
For me, I think they've got their own value. It's like paintings or sculptures, and it's value should be dependent on how much effort was put into it and how many people perceive it's value. Inherently speaking, it doesn't have a lot of value but then again, it's the people that would give that value. Also, shouldn't this be in the Altcoin Discussion or maybe the Other board? Seems out of place to talk about NFTs in Bitcoin Discussion.

Definitely a gimmick but I'm not going to let it be a bad thing, the reason people hate on NFT is it's lack of utility but it's also the fault of many people that look forward to buying NFTs, they're the reason that it's got a value, because someone's buying them, if you're mad about NFT, don't give it the attention and see it overnight becoming just a fad.
230  Bitcoin / Bitcoin Discussion / Re: Upon the death of a bitcoin user. on: March 26, 2024, 03:48:14 AM
In regards to your worry about bitcoin being left out when the person who owns them dies, if they don't know that you've got it then that's lost forever, that's it. The best thing that you can do in that situation would be to talk to your loved ones about your investment, putting the wallet where you hodl your bitcoin in your will together with the seed phrase for that wallet would solve the problem that you've got but you need to be sure that you're trusting the person that you're going to tell your investments because if not, you're probably going to be in for a world of pain.
Perhaps because the OP has not properly studied and understood the drawbacks and risks associated with Bitcoin, including what the OP is worried about. Because Bitcoin actually has many advantages over fiat, banking systems or others if OP really studies and understands it well.
And if the OP has really studied and understood it well then the question asked by the OP will definitely know the answer and what to do before it happens, and anticipate it before it happens. Because there are many ways to overcome this problem, and it all depends on whether we are married or not. To be able to hand it over to someone who can truly be trusted and also has the right to receive the investment they have. And along with the private key and also the initial sentence that you have to give to that person and also a very detailed method on how to do it and also use it.
Cut OP some slack, it's not like OP has forgotten to read about some world ending or catastrophic knowledge or information that not learning about it would lead OP to something miserable, at the least now OP knows what to do, it's up to how OP would do the things that's needed to be done and the "things" needed to be done are pretty simple anyway so I'm not particularly that mad, it's a good thing that people like OP asks this question, everyone's dreading about death and what happens to their bitcoins or any investment when they face their own mortality, just ask, the answer might be pretty simple.
231  Bitcoin / Bitcoin Discussion / Re: Countdown to the 4th Bitcoin halving.. what should we expect? on: March 26, 2024, 03:07:40 AM
With all things that's happening in my life, I don't think that I'd ever want to be thinking too much about what's next for bitcoin in it's 4th halving, just do DCA I guess and hope for the best, take profit in the case that the price goes up after halving or buying more bitcoin/increasing the amount that I buy when I DCA when the price goes down, just be adaptable, bitcoin would always be unpredictable and just like what @CODE200 just said "expectations lead to disappointment", I like to also add to that part that it will lead to disappointment if you know in the first place that it's already unpredictable and that your expectations are already out of bounds.
232  Bitcoin / Bitcoin Discussion / Re: Upon the death of a bitcoin user. on: March 26, 2024, 02:38:12 AM
If you do that, you'd be charged with embezzlement I think or maybe fraud, that money will stay there no matter, there was this case where a man was homeless for a really long time but when they get to the bank, they were shocked by the fact that he's still getting the social security checks but it just goes through his bank account that he's forgotten, thinking that he might be dead, they still didn't stop sending the money or bothering to check up on it.

In regards to your worry about bitcoin being left out when the person who owns them dies, if they don't know that you've got it then that's lost forever, that's it. The best thing that you can do in that situation would be to talk to your loved ones about your investment, putting the wallet where you hodl your bitcoin in your will together with the seed phrase for that wallet would solve the problem that you've got but you need to be sure that you're trusting the person that you're going to tell your investments because if not, you're probably going to be in for a world of pain.
233  Bitcoin / Bitcoin Discussion / Re: Does Bitcoin have the potential to impact climate change? on: March 24, 2024, 11:56:41 AM
The way that a lot of people became aware of climate change because of FUD that was spread many years ago about bitcoin being a big contributor to climate change is probably a good contribution already of bitcoin to the awareness in climate change so yes, the potential is already there and a lot of bitcoin miners are already using renewable sources of energy for their mining rigs are already a good contribution too in advocating the use of renewable sources of energy instead of relying on fossil fuels. There's not a lot that bitcoin has given to the climate change awareness but boy do those few that bitcoin was a part of is almost always more impactful than most.
234  Bitcoin / Bitcoin Discussion / Re: TimeLock for 40 years payday? on: March 24, 2024, 11:23:46 AM
Or maybe OP, you can learn to say no to some things, I assume that the reason that you're spending too much money not because you're spending it on yourself but because you're eager to spend money for someone else, be it for an individual or an occassion, maybe if you do that and you being able to learn to backpedal with your expenses, you'd probably make some progress, as @apogio pointed out, it's really difficult to do what you're doing and time consuming so I elected you to offer a solution that's much better because you still be able to use the money and it's at your disposal, you won't be having any issues with it and you're not worried for emergencies.
I can agree with this one, definitely a better deal to learn how you can manage your finances than restrict yourself with money that you could've used for emergencies as @Maus0728 has pointed out and OP either you're a rich man or a well to do with your finances that you've got a lot of excess money to do this kind of thing. For me, even though I've been a hodler for a really long time, I think that I won't be able to do a 40 year restriction on my bitcoins, I like to at least enjoy whenever I feel like I've profited enough already so that's why I can't do anything like that but if you're going to push for it OP, I wish you all the best and I do hope that you'd find a way to make things work for you. Maybe consider also what others have said about this thing that you're doing, you don't want to be starting something and then end up not committing to it because at the middle of this journey, you've found some problems, do your utmost consideration of many factors before committing OP.
It's obvious that you're going to benefit more in the situation where you're making more better financial decisions than just doing some form of financial fasting and limiting yourself from things that would otherwise make you more happy. 40 years is a long time, that's why I said that OP's better off doing something that would be better for the sake of OP's well-being. My advice is that I put myself in the position where I'm the one doing this and from there, you just ask if it's worth doing this while you know for yourself that you're not enjoying it?
235  Bitcoin / Bitcoin Discussion / Re: End Goal or Keep HODLing? on: March 24, 2024, 10:35:18 AM
It's probably because it's none of your business or any of us to know if a person's hodling their bitcoin, it's not really worth talking about what you're hodling anyway, it's not a good conversation starter and it's something that you should be talking about when someone asks you and you consent in talking about hodling, another thing, bitcoin or any cryptocurrency for that matter is a financial tool and it should be private as much as possible because who knows who'll hear about you hodling bitcoin, throughout history, those who extravagantly flaunt their wealth are the type of people to have their money get stolen from them.

When it comes to that question of hodling forever or selling at some point, let me ask you this, are you well off enough that you'd just hodl that bitcoin and give it as a inheritance to your children or grandchildren? Or are you planning on buying something to live a more stable and secure life? If you choose the former, then good for you, I guess you'd be hodling all your life but if you choose the latter then it's probably a good idea for you to set a goal price that you'd be selling everything since you're not hodling forever, you're going to be needing to take that profit no matter what.

If I were to sum up my answer to your question, I'd say that it's a good idea to hodl your bitcoin for the long-term but never marry the bag that you end up not enjoying the profits of your investments.
236  Economy / Economics / Re: How Bitcoin Supercycle could become reality on: March 24, 2024, 02:47:07 AM
I still believe that the 4-year model is valid because the main variable in it is the return from the block compared to the average costs of producing Bitcoin. Currently, Avg Block Fees are 0.1447 BTC/block, and each block produces about 6.424 BTC $414,723. If Block Rewards decreases to 3.125, and assuming that the average fee will be 0.2 total 3.225, which means a price of about 128k on average for the next four years and a range between 80k to 140k during the next three years. we are still in the category of corrections of 60% to 80%, although the possibility of 60% is more likely and no Supercycle.
I think you're speaking for everyone that the 4-year cycle is still the valid thing that we all should look out for, it's the thing that's consistently happening and it hasn't fail each cycle, I'd like to add that we can only be sure that there's supercycle happening or that it's going to happen when it finally happens, sure this is the first time that bitcoin has reached it's peak before halving but it's not the biggest telltale signs that a supercycle is going to happen.

Regarding the people that are going to be affected by this, I think that a lot of us would easily adapt to it in the case that it does happen, a lot of people that's been on the bitcoin market for awhile now have been through a lot of uncertain and volatile market patterns before so it's not really that difficult for us to adapt to changes that may come, even the new generation of bitcoin hodlers and investors are probably good at adaptation at adaptation to compared to past newbies that easily panic whenever the price goes down so bad.
237  Economy / Gambling discussion / Re: What's your take? on: March 23, 2024, 11:38:13 PM
Wouldn't the lower odds meant that they're the most likely to win? I think that's the very reason why people do that odd accumulation because the lowest odds are the most likely to win, you probably just answered your own question OP. By the way, the things that you're talking about that's happening, it doesn't happen really often and when those things happen, most of the time the odds for the underdog team isn't that a lot which means that they've already got a know how on the things going on in the match.

My take on that is that anyone who takes such a risk because they believe smaller odds can guarantee big wins is likely to lose it all to gambling if they continue that way.
I don't know where you got that but that's not the case most of the time for small odds, they're small odds for the reason that any higher and people would flock to that side since they know how good that side is and the bookie wouldn't get any profit because players are betting on the side that's likely to win, it may not guarantee but there's the factor that the those with the lower odds are great against other team and so they end up with this kind of thing.
238  Economy / Scam Accusations / Re: Careful if you using Solflare Solana wallet on: March 23, 2024, 04:25:12 PM
I don't see this in my wallet, haven't experienced any kind of airdrop from scam tokens before and I did check it but there's really nothing there, maybe because it's something that's targeted specifically against new accounts or something like that, really crazy to think about it that scammers can now directly influence how you'll react to their scams by doing this kind of airdrops, makes you look in awe that they're able to do this kind of thing. Doesn't Solana have a way to protect you by automatically hiding suspicious tokens? If I recall, I think they do have that and you can check them out too.
239  Bitcoin / Bitcoin Discussion / Re: TimeLock for 40 years payday? on: March 22, 2024, 11:48:04 PM
Or maybe OP, you can learn to say no to some things, I assume that the reason that you're spending too much money not because you're spending it on yourself but because you're eager to spend money for someone else, be it for an individual or an occassion, maybe if you do that and you being able to learn to backpedal with your expenses, you'd probably make some progress, as @apogio pointed out, it's really difficult to do what you're doing and time consuming so I elected you to offer a solution that's much better because you still be able to use the money and it's at your disposal, you won't be having any issues with it and you're not worried for emergencies.
240  Bitcoin / Bitcoin Discussion / Re: DCA vs Smart DCA, what do you choose? on: March 22, 2024, 10:54:52 PM
I thought that DCA is just DCA, no matter what time of the market you do it, it's just that? Quite surprised to see that this isn't the case but I guess, I know now. What's exactly the difference of normal DCA to a smart DCA though besides the Smart DCA having to do with the price correction? Wouldn't it be an obvious thing to do to adjust your DCA when the price starts to go down or up in prices? I think that we're just messing with a lot of people now with this thing that there's an addition of another kind of DCA, just call it DCA if you ask me, it's not like there's a difference, at the least DCA as we know it is flexible enough unlike with this new one, that seems to rely on predicting the price of bitcoin just to make sure that it works well, it could in theory work well but I don't think that every person has the foresight required to do it really well.
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