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2221  Economy / Games and rounds / Re: Duelbits.com | Multiplier Master #32 ~ $600 up for grabs | 5 Day Event on: June 20, 2021, 04:17:29 PM
Annabel
2222  Other / Politics & Society / Re: June 12: Democracy for who? on: June 18, 2021, 05:25:53 PM
Did you solve the problem? no? you just flee, and stay away from the root of the problem, leaving incapable people behind and suffer.
You know, mate, I rarely talk bullshit, about being hero and all that crap. If I stay, with the understanding that my government is crap, I will find myself difficult to cooperate, and if I speak too much, the chance is I'll be jailed or even killed. As an ordinary citizen, I have no stake as well, so if the regime change after a bloody civil war, the chance is I'll have nothing to gain.

Well, the circumstance changes if I'm one of the tribe leader (or descendant), if enough people support me, I'll liberate the people from tyranny! Until I become the dictator that you hate. And the cycle continues...
2223  Other / Beginners & Help / Re: [Discussion] Is Blockchain necessary for our future? on: June 18, 2021, 05:06:02 PM
"Blockchain" as in the holistic system of Bitcoin is interesting and seems useful, but is it necessary? Well, yes, if people can use the immutable ledger to its maximum potential. At the moment I don't see interesting apps utilizing the database/ledger. I only see the tokens (cryptocurrencies) which are only a part of the blockchain. If you count "centralized blockchain" however, many apps utilizing the smart contract for various cool stuffs, but if it's centralized why don't just run it over AWS? Cheesy

Or maybe the ledger/database is just to "support" the token, thus it's not important. It meant to be left alone, not to build any apps on top of it.
2224  Local / Altcoins (Bahasa Indonesia) / Re: Trade Race Manager - "A new era of trading gamified by race" didukung DeFi & NFT on: June 18, 2021, 04:29:40 PM
kalok udh di wallet pribadi biasanya lupa, tar pake jurus andalan yah udah ndak ada crypto, dah jadi IDR smua wkwkwkwkkw
Kalau kontrol tenaga dalam masih belum sempurna, memang lebih baik dijadiin IDR semua masukin rekening bini (kalau udah punya), atau pakai hardware wallet + gembok kalau mau hodl. Dari pengalaman ane, kalau punya kripto di hot wallet ga bakal bisa bertahan lama, yang ada muasin nafsu main.

Ya kalok hokinya kek agan-agan atas ane sih lain ceritanya.

Bau-baunya bakal ke binance nih kalau harganya stabil nanti di atas $3.
Bau ngarep? wkw.. konon listing di Binance itu melalui penunjukan langsung. Token/koin yang dianggap CZ seksi.
2225  Local / Bahasa Indonesia (Indonesian) / Re: [SHARE] Kumpulan Gratisan, Giveaway, Kontes, Dan Sejenisnya on: June 18, 2021, 03:25:36 PM
Sebutulnya yang join itu ane yakin juga lebih banyak dari yang posting hasilnya, misalnya pemain cheap kek Betright ma ane, tiap kontes juga main, cuma malas posting hasilnya krn ga dapet multiplier gede. Mungkin bedanya kalau ada 6 pemenang, ya jadi agak kurang malasnya buat posting hasilnya, cuma dari segi partisipan ya sama aja Grin

Let's see gemana result besok, mayan hadiah totalnya tambah $25, trus yang disunat cuma $20 dari #3 & #4, ga banyak efeknya lah buat para pemain kompetitif Cheesy
2226  Other / Archival / Re: BUY & HODL - is the surest strategy for crypto beginners on: June 18, 2021, 05:42:51 AM
Surest strategy for newbies, especially in this forum, is to learn and build their account. There are vast opportunities, besides signature campaign, to earn cryptocurrency in the ecosystem. Holding is profitable in the long run, but you still have to (1) buy, and (2) wait. If you buy at ATH, you will have to wait for long until new ATH and finally rake a significant profit. It took about 3 years since the 2017 just to have a 3x return.
2227  Economy / Gambling discussion / Re: Crypto gambling is the worst piece of shit you can imagine on: June 18, 2021, 05:26:47 AM
Crypto gambling is great! What I mean by crypto is not just BTC, but other coins as well. If you use cheap coins like LTC, XRP, TRX, etc., the fees are almost zero. How about the OP's case? Well, BTC for gambling depends on how much $$$ you want to use, and the "season." Transferring thousands of dollars is possible in BTC with just $20 fee, it has no limit unlike your debit/credit cards. In some period, BTC fees were also cheap less than <$1.

Just use cheap coins man if you only play with a small amount.
2228  Economy / Economics / Re: Aren't we the reason why BTC is becoming too much centralized? on: June 18, 2021, 05:07:42 AM
We can't control market activities. There will be buying and selling because of various reasons and I believe that's not related to the centralization/decentralization nature in Bitcoin. Decentralization is a network "philosophy."

Right now a super rich entity can accumulate Bitcoin and nothing we can do about it. It's a free market after all. What he can do with his huge bag is just sell/dump the market, price tank, rebound, and nothing bad will happen to the network.

I'm more concerned about the pump and dump, plus market manipulation that will taint Bitcoin "brand" and make it more difficult to buy/sell because of KYC and stuff.
2229  Other / Politics & Society / Re: June 12: Democracy for who? on: June 17, 2021, 04:48:35 PM
Democracy is just a fundamental philosophy, and it sure has flaws including the rule of majority. Hence countries, in this case, Nigeria, uses Federal Republic so the minority (in theory) also have some power. I believe the problem is not about the political system, but about the people. As stated:

We have gotten used to the illusion of democracy when in reality our government practice dictatorship.
The government didn't practice what they preach.

So what to do if you have an oppressive government? For me, I'd try to be successful in my life so that I can move out to 1st world country. I found staying and trying to change the situation is not worth the effort.
2230  Alternate cryptocurrencies / Altcoin Discussion / Re: The notion that “Ethereum is a shitcoin” is passé in 2021. on: June 17, 2021, 04:13:01 PM
I get all of ETHs flaws, but it is a working function product.
Yes, it's working to some extent. The thing is ETH offers "world computer" but failed to scale and stuck with high fees just like BTC (or worse).

Can someone justify this to me? I don’t get it.
Those BTC maxi shill of course saying that all coins except BTC is a shitcoin. They are just being paid to do so.

Anyway, IMO ETH with its pre-mine (and hard fork ETC) still inferior to Bitcoin, not necessarily called "shitcoin."
2231  Economy / Economics / Re: Is money the root of all evil as the poor to thinks? on: June 17, 2021, 01:45:58 PM
I don't think money is the root of all evil, rather, it is "the love" of money that is the root of all evil.
TRUE.

Rich people don't love money, they invest (spending money) to get more money. It's risky and most of the time they lost money, but it doesn't stop them to try, spending more money, and finally succeed. The rich understand that money is just a tool.
2232  Economy / Economics / Re: USD Inflation over the last century. Bitcoin can protect you even in the US. on: June 17, 2021, 01:35:06 PM
From the last 12 years, sure Bitcoin is a phenomenal thing (asset, money, or whatever you want to call it). Not only we can use it as a hedge but also it can make us rich! The important question is, what will happen in the next 12 years? Nobody knows.

However, from short time perspective, the volatility won't protect you from inflation. It's only applicable in the long time horizon.
2233  Economy / Economics / Re: Money and happiness. on: June 17, 2021, 01:28:09 PM
Money can satisfy most of your needs and wants, so it will make you happy. But there are some needs and wants that cannot be bought, for example, loving parents, a loving spouse, well behaved kids, friends, sense of accomplishment, etc. thus after you gain enough money, adding more won't increase your happiness.

There is a popular opinion in the locale that "A man who has money doesn't easily get angry or offended, lol".
Try to spill your drink to a VIP in a nightclub, let's see if the guy stops his bodyguard from beating you  Grin

Shitty person will become shittier if he has money. Money only enhances your inner personality.
2234  Economy / Gambling discussion / Re: Netflix's Money, Explained: E04 Gambling on: June 16, 2021, 05:17:21 PM
If about psychology, yeah dopamine shot is the main reason of addiction both trading and gambling, the pleasure of winning big money in a short time. I find compulsion loop explanation is more straightforward:

Quote
a compulsion loop creates a three-part cycle: the anticipation of receiving some reward, the activity that must be completed to receive that reward, and the act of finally obtaining the reward.
Source.

The good news is we can break this loop by obtaining the reward aka dopamine by doing simple activity, such as cleaning up our room, posting on bitcointalk, walking a dog, etc. Just simple tasks to divert the craving and getting the dopamine anywhere else than the casino.
2235  Economy / Gambling discussion / Re: How is gambling taxed? on: June 16, 2021, 03:14:54 PM
It's treated as income and some (depend on the local regulation) fully taxed (deducted) when you win. Let's say you win a $1 million lottery, you will receive less than $1 million. In my country, raffle prize is treated as a taxable gift and deducted by the organizer with 25% rate.

I am from a country gambling is not taxed which makes me not to know about the taxing, assuming if I have lose $500, and the gambling tax is 10%. If later I used $50 to win $5050, which means my gain is $5000, while the 10% tax is $500 from the $5000 gain. Will I be taxed, or will it be used as the capital loss just like in crypto?
AFAIK in the US, if you lose equal or more than your win, you don't have to pay taxes (it's deductible), but you have to do some paperwork/accounting.

Quote
Gambling Losses
You may deduct gambling losses only if you itemize your deductions on Schedule A (Form 1040) and kept a record of your winnings and losses. The amount of losses you deduct can't be more than the amount of gambling income you reported on your return. Claim your gambling losses up to the amount of winnings, as "Other Itemized Deductions."
Source.
2236  Economy / Gambling / Re: Simple and easy wallet only for gambling on: June 16, 2021, 11:34:39 AM
I personally using Binance wallet directly from my Crypto gambling sites , from depositing and withdrawals so far i have no issue at all.

is there any upcoming issue from binance depositing and withdrawing my gambling funds?
I use Binance as well, and it has no issue. Maybe OP is from a country restricted from Binance ToS? If he can use Binance, better use that exchange.


Anyway, rather than use BTC + mixer, why not use Monero? It should be cheaper, and if you use casino like Duelbits, you don't have to worry about price fluctuation.
2237  Local / Bahasa Indonesia (Indonesian) / Re: [DISKUSI] Review Exchange Lokal Digiasset on: June 16, 2021, 11:22:23 AM
Ente tekem dulu tombol search gan, tidak perlu bikin thread lagi:

Karena penasaran ane meluncur menelusuri proyeknya Grin
Sedih ane ngelihat:
- Tidak ada whitepaper, tidak ada team, dll.
- Tidak ada T&C, privacy policy.
- Marketnya kek kuburan https://www.digiassetindo.com/markets
- no collaterize token kok 1:1 yang ada 1:abu

Saran ane buat yg bikin proyek mendingan cari private investor lalu semua legalitas dibenahi, sukur-sukur jadi perusahaan. Jangan langsung jualan token ke publik dan bikin market kalau belum siap dengan segala risikonya.

Ini exchange keknya cuma buat jualan DIGA doang, kalo ane sih mending pakai yang sudah legal dan bereputasi.
2238  Local / Altcoins (Bahasa Indonesia) / Re: Trade Race Manager - "A new era of trading gamified by race" didukung DeFi & NFT on: June 16, 2021, 11:10:16 AM
ane rasa ente juga punya dari platform lama swap Grin pasti lumayan lah ente juga hold-nya.
Sayangnya kemenangan-kemenangan lagu lama udah habis buat main slots, alhasil dari dulu sampai sekarang cuma bisa pasang 1 mobil di Wednesday race.
Ya kalok agan-agan punya banyak jangan lupa "tips main" besok kalau jual. #AlwaysNgemis

Loteu? tapi udah pernah ngerasain hasilnya kan, lumayan buat beli cendol segrobak :v
saya masih ada 50k di wallet, suram
Hahaha, ane langsung dump waktu itu habis distri Grin
Lumayan kalo gak salah jadi $150 pokoknya ga banyak. Jarang ane BigWin di juday/trading.
2239  Economy / Gambling / Re: Stake.com - Casino & Sports - UFC Official Betting Partner - Play Smarter 🥊 on: June 15, 2021, 05:45:41 PM
Smart move from Stake offering 10% more bonus if users go through lv.1 KYC. They stated "Of course, you know how much we respect player privacy! This is 100% optional, and you will not receive any less bonus for not verifying." Giving incentive for KYC instead of penalizing users for not doing KYC. Thumbs up!

Anyway, do you guys find 10% tempting to do KYC?
2240  Local / Altcoins (Bahasa Indonesia) / Re: Trade Race Manager - "A new era of trading gamified by race" didukung DeFi & NFT on: June 15, 2021, 05:12:51 PM
IOI ini kenceng banget promosinya sampe-sampe ada Mr. Beast juga Cheesy
Habis token burn eh buyback... Sekarang harga udah (atau masih) di angka $3, tau gitu dulu borong banyak waktu $0.4 fix di platformnya.
Keknya ini proyek paling sukses yang rame di SFI. Dulu LOTEU, YLD, XBASE harganya semakin suram.
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