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221  Bitcoin / Bitcoin Discussion / Re: A matter of family conflict regarding Bitcoin. on: September 21, 2023, 09:43:43 PM
The fact is that bitcoin trading, and any cryptocurrency, has a certain feature. It lies in the fact that if you trade uncontrollably, then this activity ceases to differ from roulette in which the chances are 50-50 or even less. And that's exactly what this story is about. The guy didn't know about money management, and I'm sure he could go to the casino with the same chances of profit. And judging by his reaction after losing all the money - he has neither self-control nor awareness in his actions.
It all goes down that if you want to invest or trade or even gamble your funds, set your limit and never expect high profits from it especially if you are still in the process of learning. Because if you put high expectations on what you’re doing, once things end up not working, you might lost your focus and fail in the end, leaving you with negative emotions and eventually put the blame on someone until you both end up with a fight.
This is a pretty good point because of course in this case even though being in bitcoin is something that is very good for us to invest in but we also cannot give all of our assets to investment especially for the long term.
Remember, we still have lives and needs that must be met every day. Don't let when you are fixated with big profits you forget that especially if you have a family.

Seeing from the case that occurred, the incident began when there was an argument about money being invested and received a loss because the value of bitcoin was shrinking. In this case, even though we consider it a risk, the people closest to us may not necessarily be able to accept it so that initial communication is important, especially when it comes to joint money (husband and wife), so we must first commit from the start so that nothing like this happens.
222  Economy / Economics / Re: Free Investment tips on: September 21, 2023, 08:27:36 PM
While I agree with this, there is no such thing as free in this case.
First from education, even though we can indeed get an education that can not only be obtained from formal education because for now to find something it can be done in various ways such as the internet that you said but is it free? of course not, it's just that the costs can be minimized a little as long as there is a desire to be there.
Likewise, financial literacy is actually related to education as well in my opinion.

Relationships, this also cannot be obtained for free because there are sacrifices that we have to make to get good relationships and that will not be obtained for free.
The point I want to convey in this case is that nothing is free because everything is a sacrifice and something is wasted in the form of money or time but this is still a good thing because when we do something positive like this at least the time and energy we give is not wasted because there must be results that we can get.
223  Economy / Economics / Re: Early Retirement [Pros and Cons] on: September 21, 2023, 02:45:36 PM
this story is the same as what my cousin experienced, he retired early (at the age of around 35 years) now he is around 45 years old but there is an illness he is suffering from and he has to get proper treatment which quite expensive, so he sold some of his valuables and also withdrew his investment in shares.

as long as you can still make money, don't even think about retiring early, I know early retirement is everyone's dream but who knows what will happen next, you have to maintain your grades and productivity so that you stay healthy and respected by people.

Deciding to retire early is the dream of many people, including me, but not everyone can achieve this goal when they have to be forced by shackled circumstances to continue being a slave to the company and following the instructions of their superiors. Believe me, early retirement requires considering many things, including long-term guarantees such as health insurance, inheritance guarantees that are very adequate and able to ensure that the people around you, especially the family, are guaranteed basic things every day. Don't pretend to follow other people's way of thinking about early retirement but the conditions don't support it at all, because that will only make life more difficult in old age. In my opinion, while the points above cannot be measured, it is better to work while you can and achieve whatever you think you can achieve from an early age. There are no limits to achieving dreams, maybe each person's path is different in achieving retirement with all the guarantees fulfilled, but still at the end of old age we just need to ensure that the people we love can enjoy together the results of the hard work they have been fighting for.
224  Economy / Economics / Re: X (formerly Twitter) may be telling people like me to exit the platform on: September 20, 2023, 09:18:43 PM

What about you? Are you willing to pay for X?
X is one of the social media platforms that I like and this is where I have fun and surfing but indeed now many different from X that makes me less comfortable and make my specialization of X slightly reduced. Honestly, I want the old Twitter where we weren't limited in carrying out activities there, but after previously there were restrictions on tweeting, now there are some new rules where we have to pay if we really want to stay there.

As a social media fan, I am clearly disturbed and it is possible that if something like this happens then I will leave X because I am not willing to pay Elon the monthly cost of living there. because in the end the focus of social media is on XNow it is tainted with several restrictions that we should be free to socialize within.
225  Economy / Speculation / Re: Buy the DIP, and HODL! on: September 20, 2023, 08:52:07 PM
The essence of DCA is to eliminate the tendency of investing under duress such as forfeiting your basic needs so you can buy bitcoin. This might not be the best approaching as it can drain you psychologically and even deny you peace of mind. The reason for accumulating wealth is for the peace and comfort it brings, this means that any method you are adopting that does not give you this peace can never be regarded as DCA. Howbeit, we can make acceptable sacrifices to be able to secure the future but we should be able to have some limits.

When you hear DCA, the first thing that should come to your mind is buying Bitcoin in a way it will not affect your urgent needs. Like JJG have said, DCA can help you manage the problem of overinvesting because it does not require buying at bulk

I don't really agree with this because basically when we talk about DCA I think the pressure is still there and one of the psychological factors about greed is still very big and of course we also have to have a big reference in consistency which I could call it a pressure that we have to be aware of.
But on the other hand DCA clearly makes us more comfortable in investing because we don't need to feel that we are burdened with the existing pressure and that's what makes me personally suggest DCA as one of the right strategies for us to live with, especially for beginners and people who have modest income.
226  Economy / Trading Discussion / Re: How to do a better Macro, micro Economic Research on: September 20, 2023, 03:59:47 PM
So guys, I would love to know how I can do a better Macro and micro Fundamental Analysis in Crypto. I know is not all about reading the news and concluding. I know that some good fundamental traders do a good research and almost get their predictions right. So please if you know the direction I can go to get this, I'll appreciate that and I believe others too would learn from this topic
If you want to carry out research in accordance with scientific studies, there are many stages you need to go through. But whatever research you want to do, the first thing you need to look for is the root of the problem and the reasons behind you wanting to research macro and microeconomics. Because a lot of research ends with a degree of manipulation. Determine a specific target sample, create a kind of questionnaire to narrow down the target problem, and then formulate it by offering a solution that you think can solve the problem.
227  Economy / Exchanges / Re: [Updated] FTX on: September 20, 2023, 03:14:58 PM


For the parents to go  to prison or Sam? 

There can be multiple culpable persons and each person should be punished in accordance with their level of culpability, and sure some persons work out cooperation agreements with the government, and other people don't end up getting charges brought against them, and prosecutors do have some discretion regarding who to charge and what to charge, and they are supposed to have some accountability to the public in terms of bringing charges, but sometimes they might not bring charges against certain people whether it is lack of evidence or some other reasons is not always clear without delving into what evidence they actually have and maybe other complicated aspects that might not always be publicly available in terms of whether prosecutors might be failing/refusing to prosecute when they should be prosecuting...

And, I personally have been suggesting that it is my belief that there is enough evidence that Sam's parents should at least be investigated.. even if there might not be enough evidence to bring charges.. I am not sure about the exact level of evidence that is available, but I am also suggesting that there are a lot of pretty strong inferential aspect that seem to show problematic connections including one that that many people bring up regarding the father getting paid $10 million from Sam (or was it from FTX) and then now seems to be using that money to pay for Sam's attorney fees (legal defense).
It depends, he can be punished or can be used as a witness (not as a witness on the part of SBF) in terms of his involvement as the mastermind behind SBF or he was only involved when he knew that his son was holding a lot of money but hid that fact from legal scrutiny. In fact, law enforcers have no shortage of evidence to convict SBF. In fact, in my opinion, the case is being played out too much, well, it's being played out as if it will buy time so that gradually the media gets bored and there is no more news about major violations. In fact, this case is not much different from the case of politicians who have poured large funds into a political campaign, SBF plays a big role in it so that the flow of funds traced leads to>>>>>>>>> Smiley


Believe me, there are many people involved, so every time this case is tried to be uncovered, it brings more danger to those who investigate it. There are those who don't want this to continue because it could result in the puzzle pieces being more easily arranged.
228  Bitcoin / Bitcoin Discussion / Re: My passion on bitcoin on: September 19, 2023, 11:36:16 PM
Believe what you think is right OP. Many people have come and invested in Bitcoin, so I don't think we just ignore it while seeing a lot of people are already involved in this. As long as you can afford to take risks and understand how it works, investing in Bitcoin is a great idea. Volatility is not a problem and perhaps, it was important because this will be the reason why we become profitable as we take the opportunity of buying low and are able to sell them high. It was not just we have a passion for doing this but it is all about how we strategies our investment.

Volatility is one of the reasons why people invested in Bitcoin. They knew that the price increases and decreases so fast that they can be millionaires just over a night unlike the traditional forex or stock market. Others may say that it has huge risk but people want that risk and are risking their investment on it. That is why they love Bitcoin aside from making their transactions anonymous and also making it another form of payment method it also gives them a chance to earn extra profit on it just by holding or trading Bitcoin.
It is fine if people decide to trade bitcoin and they do so for the high volatility this market can experiment, however the days in which a person could become rich with bitcoin overnight are way behind us as the volatility of bitcoin is not as extreme anymore, and you will need to trade altcoins to have any chance of achieving those results.

So it is important that those that do not care about bitcoin itself and only care about the profits they can get on the short term to have goals they can actually reach.
The problem with this is that while it is up to us to decide what we want to do with the asset whether to trade it or not, when it comes to profit, it is better to make it an Investment rather than a trade.

Trading can be done for more profit but on the other hand it also has the potential to lose money overnight if we take the wrong action in trading. It will be more worth it if indeed this is used as material for investment because at least with something like this we can get a profit and that is certainty if we seriously invest in bitcoin. We also have to think about probability and when we want profit and comfort investment is much more worth it than trading.
229  Economy / Economics / Re: Building wealth it's not just one time Luck on: September 19, 2023, 10:13:11 PM
As you said, if $50 can be invested, there will never be much profit. It is not possible if a person invests with $50 dollars to earn his money and never expect a tenfold return. If a person wants to invest a good amount of money then he must increase the amount of money, and instead of investing in real estate with his savings, he should invest in bitcoins. If you have a special interest in investing, and you don't have enough money, increase your earnings and learn to save money from there to invest later it will be profitable. Investing is the best way for an individual to make money and what investments to hold.
Because in investment it is impossible to increase many times the capital we have (even if it is still possible but difficult) on the other hand, the fact is that in this case we must realize that investment is not just to make investments and abandon them so that they can get a large profit. There are some strategies such as DCA that do make periodic purchases because in the end, investment must also see that the amount of capital we put in as a form of investment, it must be possible to get more profit because the benchmark is that in investing the profit we get depends on how much capital we prepare.
When the capital is small, don't expect profits to exceed the capital because even though something like that can happen, it is unlikely to happen.
230  Bitcoin / Bitcoin Discussion / Re: UnionBank to offer Bitcoin trading on mobile app in Octomber on: September 19, 2023, 02:13:44 PM
What is your opinion, do you think that banks are slowly starting to adopt Bitcoin?


Source:
https://cointelegraph.com/news/union-bank-of-the-philippines-launches-bitcoin-and-ethereum-trading
Do you mean the bank as a whole?

In my view, so far we are still not completely convinced that unless the country opens up its policies globally regarding the status of Bitcoin, then banks will be able to do the same. However, if you operate where Bitcoin is not used as a legal medium of exchange, the bank will face a very risky challenge. Transaction involvement in banks is about controlling financial entry and exit, so to see banks implementing the Bitcoin payment system means we need to look at central government policies first and not immediately establish policies outside the bank's authority.
231  Economy / Exchanges / Re: [Updated] FTX on: September 19, 2023, 01:11:40 PM
We are not at the punishment stage yet and sure Sam yet been found guilty, so he has rights to defend himself, and maybe there is more tolerance for not feeling guilty or showing remorse before being convicted (presuming that he is going to end up getting convicted of some of the allegations), yet I get the sense that mentality (if his claims of innocence and sweetness does not simmer down a bit), that way of thinking and speaking out likely will end up getting him worse punishment, because if he does not have any remorse, then it is less likely anyone whether judge or jury is going to feel that he deserves a break... but yeah, hey, maybe I am jumping ahead of myself and he has rights to proclaim himself as innocent until some point that he decides that he has lost and either needs to enter a settlement or if he gets a judgement against himself.

I wonder if his parents feel remorse about their involvement?  or alternatively about their having had raised such a psycho kid?  I hear that they are similar kinds of personalities and philosophies... and maybe we are hearing exaggerations of how Sam is similar to his parents because we don't really know his parents too much even there are some discussions of them.

Mom and Dad are still staying out of jail, and that might be part of the important story. which seems to not be too good of a reflection upon our justice system.
If there is evidence that parents are involved and know about SBF activities but still support it, then there is no reason not to go to prison. Moreover, with large amounts, it will likely be easier to prosecute legally with the evidence attached. SBF continues to defend actions that no one can justify. Once wrong is always wrong and he must follow the law as proof of responsibility. So in my opinion this is just SBF's awareness and responsibility, he has to make peace with the fact that his position is on the wrong track. Psychology cannot be a reference, because from the start SBF did this very consciously without any pressure or threats from anyone. How is it possible that someone who is psychologically disturbed could easily play a huge role in creating losses for millions of people.

The fruit doesn't fall far from the tree, lol
In essence, a person's behavior and actions, or in this case SBF, start from the smallest things that are influenced by the surrounding environment.

232  Economy / Services / Re: [OPEN] Utopia P2P - New ChatGPT Asst. & Web Proxy 💎| Signature + Chat Campaign on: September 19, 2023, 12:55:41 PM
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233  Other / Off-topic / Re: Craig Wright deliberately made a fool of us all with his cyrptographic proof on: September 18, 2023, 10:07:49 PM
It's up to what he does because at the end of the day I think our view remains the same by not overthinking such a thing as believing that he is Satoshi.
There's no need to bother looking further into the video because the result is the same and I feel sorry for those who still believe in this because at the end of the day when people are saying Craig is a fool claiming to be Satoshi then of course the people who believe in it are even more foolish Cheesy
234  Economy / Exchanges / Re: [Updated] FTX on: September 18, 2023, 08:43:46 PM
I read something quite interesting about FTX and Sam that made the latest headlines.

The title is quite explicit in that Sam feels that he is the one who is ostensibly innocent in the current FTX collapse.

Source

The same article also contained Sam's words that "And the truth is that I did what I thought was right."
Honestly, it is a very high confidence from SBF because in this case it is as if he is someone who does not feel guilty for what he has done so far and confidently says that all actions that have proven to make many people suffer are not his fault.
On the other hand, psychologically it seems that in this case SBF is a little damaged because with his ambition and goals he will do whatever he thinks is the truth without caring about how others feel.
235  Bitcoin / Bitcoin Discussion / Re: Knowledge vs hodlings on: September 18, 2023, 07:53:40 PM

1. Understanding Bitcoin first gives you a more solid knowledge of security. and this is very important to avoid loss of funds.

This is the basic knowledge to have before actually being in bitcoin.
Holding bitcoin strongly is something that is definitely very good to do, but in this case we must realize that holding something without knowing what we are holding is useless so the basic rules must obviously be met where when we really want to be in bitcoin then we must know what bitcoin is.
Don't think in advance about hodling because it is a matter after we are sure that bitcoin is feasible or not and we can or not be in this because if in the end we only focus on hodling and don't know what we are hodling even the basic things about bitcoin are still confused then it will not be able to run properly about the hodling done because in the end we will have several obstacles when hodling is done,
236  Economy / Services / Re: [OPEN] Utopia P2P - New ChatGPT Asst. & Web Proxy 💎| Signature + Chat Campaign on: September 18, 2023, 01:21:24 PM
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237  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: September 17, 2023, 09:44:14 PM
Picking up just five points in a possible 15 points is absolutely a poor result for a club like Chelsea after breaking the world records for the most expensive transfer window for a club. Chelsea manager Mauricio Pochettino is supposed to do more than what we've seen so far.
After Chelsea's performance in their first English Premier League game against Liverpool, I thought that there was a very significant improvement from what we saw from the club last season but unfortunately, the club is still far from coming back to their best. It's still very early days of the season but I'll be surprised to see Chelsea finish I the top four at the end of the season.
At the moment everything Chelsea will do will be increasingly difficult because if they reshuffle and sack again for the position of coach then it will not be the answer but on the other hand in the end with Pochettino and the reshuffle he did until now has not found good results which makes them now like they can't do anything.
Next week they will face Aston Villa and I am not too sure their performance will be different in the match and it is not impossible that a draw or even a loss is also possible in the match against Aston Villa.
238  Local / Ekonomi, Politik, dan Budaya / Re: Bagaimana cara menghapus korupsi? on: September 17, 2023, 09:15:34 PM


Undang-undang yang ada di Indonesia sangat lemah terhadap para koruptor karena undang-undang tersebut didalangi oleh dinasti-dinasti untuk memungkinkan mereka beroperasi dengan kekebalan, yang berarti akan sangat sulit untuk memberantas atau menghentikan para koruptor tersebut karena undang-undang tersebut diterapkan oleh para loyalis dan koruptor. bahkan sektor peradilan juga menjadi salah satu penyebabnya karena dinilai tidak efektif dalam menegakkan hukum. jadi apa sebenarnya jalan ke depan?
Jika undang-undang itu sendiri dibuat oleh koruptor sudah pasti akan lemah, coba aja ente tengok bagaimana mereka rapat mengenai UU anti korupsi tapi dengan jumlah anggota yang tidak korum (atau kurang dalam pemutusan hasil) sehingga jelas UU yang dikeluarkan tidak akan maksimal dan hanya berdasarkan keinginan mereka. Misal contoh lagi, pernah gak ente denger mereka (anggota DPR) rapat membuat rancangan UU kalau anggota DPR itu hanya boleh 2 periode, jelas tidak mungkin, wong itu sama saja kayak motong leher mereka sendiri.

Masalah dalam hal ini adalah keterkaitan antara satu sama lain yang memang sudah mendarah daging sehingga cukup wajar sekalipun dengan adanya UU disana atau pengesahan apapun tetap saja segalanya tidak akan membuat mereka kerepotan dan hilang muka jika pada akhirnya tertangkap di OTT karena ada beberapa aturan yang bisa menguntungkan mereka yang melakukan korupsi.
btw berbicara tentang rapat mengenai UU anti korupsi saya jadi ingat beberapa tahun lalu dimana ketika pengesahan dilakukan dari 285 anggota paripurna yang absen dan hanya 18 saja yang datang yang membuat masalah ini seperti seolah tidak penting karena jangankan hukuman dan undang-undang yang berlakukan, rencana pengesahan RKUHP nya pun memang bermasalah karena sudah dianggap tidak penting.

Sebanyak 285 dari total 575 anggota DPR absen dalam rapat pengesahan Rancangan Kitab Undang-Undang Hukum Pidana (RKUHP) di Paripurna ke-11 masa siang II tahun 2022-2023, Selasa (2/12).
Rapat paripurna pengesahan RKUHP hanya dihadiri secara fisik oleh 18 orang anggota dewan dari semua fraksi. Sisanya, 108 orang hadir secara virtual dan 164 orang izin.
Sehingga jangankan untuk memperkecil ruang dan membuat penghilangan korupsi secara berkala karena dengan kinerja seperti ini jelas akan terlihat seperti sekawanan orang yang berkomplot untuk kepentingan individu mereka sendiri
239  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: September 16, 2023, 09:04:17 PM
Jadon Sancho refused to apologise to Erik ten Hag you know and it doesn't look like the problems between them will be solved. Right now it is just said that Jadon Sancho wants to leave at the earliest opportunity. It would be the best for his career as well honestly because he has been performing really poorly since he came to the Red Devils.

There is like a huge difference between his effort here and at Dortmund. There were some rumours in the latest transfer window like he would return to Dortmund. Maybe in January we might see a move from Dortmund too who knows.  Smiley  But if a Saudi Arabian team intervene then the player might choose to make much more money.

I have noticed that not much of the top players in Dortmund that leaves to join other club always perform very well like they did at Dortmund. Players like Dembele and Aubamayeng, after they left Dortmund, their performance became very much poor as compared to when they were with Dortmund. Till today, Aubamayeng have not regained that good form again, Dembele is trying and have improved recently again. Only Bellingham have been able to keep his good form even after leaving for Real Madrid, I hope he continues to perform in this good form for a long time, not just for his first season at Real Madrid. Unlike Sancho that has now lost more form than he was at Dortmund and his first season at Manchester United.
I don't really agree with this because don't forget that Auba was once victorious at Arsenal even if I don't remember wrongly he was once the top score in the EPL with Mohamed Salah and Mane at that time his performance was very good in the EPL it's just that because of his low level of discipline he was forcibly removed which made his career ruined but if he was better than his attitude he could still be at Arsenal and still have a good performance.
As for Dembele, I think last season he had good conditions after being coached by Xavi, it's just that from the start at Barcelona he didn't get anything good, the recurring injuries that always occur and the poor management of Barcelona in the previous few seasons have hampered him.
240  Other / Archival / Re: [banned site] Signature Campaign [ Full Member + ] on: September 16, 2023, 05:06:25 PM
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