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2401  Bitcoin / Bitcoin Discussion / Re: Bitcoin new year on: January 02, 2022, 06:17:44 AM
I feel that 2022 is going to be the difficult year.
High electricity and natural gas prices in Europe(which leads to high inflation).
The pandemic isn't gonna be ending anytime soon,since the Delta and Omicron mutations might continue existing and infecting more people.There's another wave of infections in Europe and America,which might cause new lockdowns.
Bitcoin is usually going up in times of uncertainty and crisis,but I'm not 100% sure about that.
2022 might be kinda similar to 2018 for Bitcoin,having a big price drop and a stagnant bearish market.
I hope that the governments won't be that hostile towards the crypto industry in 2022.


2402  Economy / Gambling discussion / Re: Why should Gambling be legalized ? on: December 31, 2021, 07:32:48 AM
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Therefore, the main plus that I see in the legalization of gambling is that it does not restrict the freedom of people.

You are free to waste your money anywhere you want.This is an important part of freedom. Grin
The main benefit of gambling legalization is supposed to be keeping the mobsters and loan sharks away from this industry.
However,I'm not sure how the mobsters and loan sharks would stay away,since they could create legal businesses and still run casinos.
This is the same question as "Why should prostitution be legalized?"
There's no way that prostitution will be totally banned.This "industry" will continue to exist forever and it would be better,if the governments are regulating it,rather than trying to oppress it.
2403  Economy / Gambling / Re: MISTAKE TIP 3.8 BTC on: December 31, 2021, 07:06:40 AM
This story sounds fake to me as well.
Anyway,OP you should be careful,because many people might DM you saying that they are the guy,who sent you those BTC(if there really is such guy,who sent you 3.8 BTC,in which I don't really believe). Grin
Don't brag about having lots of BTC online,because you might get the attention of some hackers.
They might play the catfish game and might try to manipulate you by using social engineering techniques. Grin
By the way,do you have any proof that you have actually received 3.8 BTC?
2404  Bitcoin / Bitcoin Discussion / Re: Crypto Wallet Hacking through Telegram on: December 30, 2021, 12:55:57 PM
Why does Telegram have an auto-download feature?What's the point of downloading files without the user's permission?
I remember that Telegram was being praised as the texting/social app,where you have complete privacy and your text messages are encrypted.This claim was proven wrong and Telegram messages aren't that encrypted and safe.Telegram is nothing but a slightly better alternative to Skype,if you ask me.
I've had a Telegram account,but I deleted that account.It seems to me that apps like Discord and Slack are better than Telegram.However,crypto scams and malware can be found on every texting/social media app.
2405  Economy / Economics / Re: Ubisoft Becomes First Major Gaming Company to Launch In-Game NFTs on: December 30, 2021, 07:02:24 AM
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This could be a good stride towards legitimizing P2E and reducing the high number of scam games which have emerged.

I don't get it.How can NFT P2E adoption by Ubisoft can reduce the amount of scam P2E games?
There's no direct connection between the two.
Ubisoft simply wants to ride the wave and get more money from this growing trend,but I don't think that the regulators would let them enter the NFT play-to-earn market.
The entire play-to-earn NFT business model looks like a ponzi scheme to me,because these games need a constant amount of new players paying more money,in order for the value of the NFTs to grow,so the earlier players on these games can make a profit.Sounds definitely like a ponzi scheme to me.
We don't want the kids to get hooked by this ponzi shit,do we?
  
2406  Economy / Gambling discussion / Re: Best gambling site in 2021 on: December 30, 2021, 06:36:50 AM
The year 2021 has been flooded with the introduction of but new and old gambling platforms, the forum witness high traffic the year 2021 recorded the highest number of new gambling sites registering the presence on the forum while some became successful other simply scam and left. Let see a list of gambling sites that score the highest in 2021.

So you want somebody to make you a list of the best crypto casinos in 2021?Are you lazy?
Can't you just check all the reviews about crypto casinos,which are posted online,all the complaints and all the scam accusations?Add them all into a spreadsheet and there you go.You have a list of the best and worst crypto casinos ranked by a number of positive and/or negative reviews(and many different factors,like bonus campaigns,withdrawal limits,etc.).
I can make the same spreadsheet,but I just don't care that much.I'll just stick with the big and reputable crypto casinos.All the brand new crypto casinos cannot offer something significantly better than the old ones.
Just the same old games and the same old bonuses and promotions.    
2407  Economy / Economics / Re: Digital asset is for holding on: December 29, 2021, 11:57:46 AM
Before thinking of investing in any sector what one considers is how long you are willing to hold. Let's take the history down to how investment all began. Moving from the era of Real estate to stocks to metals to oil blocks and now digital assets we would agree those who made it big in all this investment options were those who had the patience to hold.

This kept me wondering why one would even think of investing if they don't have the patient to hold. If you can't develop the hold attitude then the best option is to do a physical business where you can monitor your profit and see them come in regularly. If it must be crypto then you must be willing to hold and wait

This seems like oversimplification to me.
Capitalism isn't always about buying an asset and holding that asset for years,while doing nothing and waiting for the asset value to increase while getting some dividends/rent/interest from that asset.
Capitalism is supposed to be more about building a functional business,making consistent profits and growing that business.
You have to have the some skills required,into order to know when will be the right time to act,in order to increase your wealth,rather than simply holding a financial asset and waiting passively for profits.
This is essential for both the fiat capitalist world and the crypto trading/investing world.
Capitalism/investing/trading is more rewarding towards people,who are active and energetic,rather than the people,who are passive and patient.
2408  Economy / Economics / Re: Corporations use inflation as an excuse to raise prices and fatten profits on: December 29, 2021, 11:35:34 AM
Inflation is always good for the rich and always bad for the poor.
I can change that saying a little bit by saying that inflation is always good for the big corporations and always bad for the small businesses.
There was a theory in macroeconomics,called "theory of rational expectations"(I don't know if I remember the name correctly). According to this theory,if everyone in a society is talking about inflation and expecting a price increase,the inflation will happen for sure.This is like a self fulfilling prophecy,because all the companies will use these expectations as an excuse to increase the prices.It doesn't matter whether or not they have a legit reason to increase the prices.
All the big US corporations bragging about fat profits won't keep bragging forever,because the prices of raw materials,energy and labor will have to increase as well.
  
2409  Economy / Gambling discussion / Re: P2P gambling games - survey from creators on: December 29, 2021, 07:32:43 AM
I wonder why smart contracts still aren't heavily implemented by the gambling industry.There must be a reason for that.
I remember reading articles about smart contract games being really slow and difficult for development.
I'm not an expert in this field,maybe someone more experienced in smart contracts and game development would elaborate a little bit more.
Another problem with P2P games is the lack of players.I know about some small P2P games,where you have to wait for hours for another player to join the game and play against you.Nobody has the patience to wait for that long.
People have short attention span nowadays.It all comes to getting the attention of the player,hook him into the game and keep him entertained for as long as possible.
Games like "rock,paper,scissors" are pretty boring,if you play them more than a few times.
Good luck with your project,OP.
2410  Bitcoin / Bitcoin Discussion / Re: According to experts, what will be the future of cryptocurrency in 50 years on: December 29, 2021, 07:10:00 AM
Quote
All money is a form of encryption.

I can respect his opinion.Paper money are protected against counterfeit by adding a bunch of prerequisites,which make them harder to get faked.This is some sort of "encryption".
I don't see anything unreasonable in the opinions stated by those fiat financial experts.I actually expected all of them to shit over the concept of cryptocurrencies and repeat all the FUD stuff,which crypto haters keep saying.
Most of the cryptocurrency users have the same opinions about what will happen with Bitcoin/crypto after X amount of years.There are only two options-crypto will dominate the financial world or a better technology will replace all cryptocurrencies.There's nothing in between those two options.
2411  Economy / Economics / Re: U.S. population grew only 0.1% in 2021 lowest rate since nation's founding on: December 28, 2021, 12:27:57 PM
The natural demographic growth of the developed countries is becoming negative due to cultural factors,not economic or social factors.Many young girls and women don't want to raise kids.
They want to stay focused on their career and have fun living a promiscuous dating life.
The negative demographic growth gets compensated by immigration of people coming from underdeveloped countries into the rich western world.
The reduced growth of the population isn't the biggest problem,the biggest problem is the change of the demographic structure of the population-increased number of elderly people and decreased number of youngsters.
Having more old people and less young people is a big problem for every country.
This means less taxpayers and more people,who will rely on the social security systems,which are funded by the taxpayers.
2412  Other / Archival / Re: Is Salvadoran BTC Chivo Wallet Stealing Users' Funds? on: December 28, 2021, 12:04:17 PM
Problems like these will occur always,it doesn't matter if we are talking about a fiat service or a crypto service.
There will always be users complaining about stolen funds,missing transactions or hacked wallet accounts.
Sometimes it's the user's fault,sometimes the centralized service gets exploited by hackers.
I really don't believe that the government of El Salvador will try to steal funds from the Chivo wallet users.
This is what you get,when you have Bitcoin adoption,which is being forced by the government,without enough proper online security education among the people.
I hope that those problems with the Chivo app will be solved and more people will start using BTC without this app in El Salvador.
 
2413  Economy / Economics / Re: What's your opinion of the insurance industry? on: December 28, 2021, 07:35:37 AM
Quote
If a DAO was well organized, funded, and solid would you trust them more than an insurance company?

Yes,but there's a big maybe.
Insurance fraud is a thing and a simple smart contract cannot handle the cases of insurance fraud.
All the big insurance companies are hiring detectives to investigate cases of insurance fraud.Do you think that  a decentralized insurance platform can solve this problem?
You can't bypass the human factor in the insurance industry.
The insurance industry is heavily regulated by the state and I don't think that any government would allow smart contracts and decentralized insurance.
Loyd's in the UK is a pretty old insurance network,but I don't know about any other companies in the world,that are copying the Loyd's business model.There must be a reason for that.
Calling high level insurance "just a gamble" seems like oversimplifying.The insurance industry is more complex than you think.Those experts know how to calculate the risk.
2414  Economy / Gambling / Re: Search for sports betting partners on: December 28, 2021, 07:13:20 AM
Hello guys!
I'm tired of fighting with online bookmakers, which in 99% of cases are scamers, as you all already know, so I decided to go in search of partners.
We would cooperate by helping each other with the stake, as well as exchanging matches.
I prefer Europe, especially the UK, Spain, Belgium, Poland, etc...

For more informations and questions ask me on PM

So you have "lost your fight" against online bookies "which are 99% scammers",but you need a partner,which will help you win the fight against online bookies "which are 99% scammers"? Grin
So your partner will miraculously make the online bookies to turn from 99% scammers into legit bookies,or you will find the 1% legit online bookies? Grin This sounds like nonsense to me.
Are you suggesting matched betting.There are several matched betting platforms out there,but I forgot their names.You can do a Google search or Youtube search and you will find more info about matched betting.
 
2415  Bitcoin / Bitcoin Discussion / Re: Bitcoin upgraded my financial life on: December 28, 2021, 06:57:07 AM
So I had a great holiday season all with the help of Bitcoin I came from an underdeveloped country where the rate of unemployment is pretty high and many youths are left to do some hard jobs just to survive even graduates with University degrees have no paying jobs I got to know about this forum some months ago and since then my financial life was transformed and the Christmas happens to be my best I can now earn little money to take care of my financial needs all with the help of Bitcoin-related jobs both on this forum and off the forum. BITCOIN IS A SAVIOR

I can say the same thing about Bitcon and this forum.
If it wasn't Bitcoin and the forum,I would have been bankrupt 4 years ago.
Young people and university graduates are having a hard time with finding a job everywhere around the world.
The levels of unemployment are going up in some of the developed countries as well.
Anyway,Bitcoin/crypto is an opportunity,you still have to put in the work,in order to get something out of this opportunity.
Bitcoin/crypto cannot give you financial freedom on a silver plate.
What Bitcoin-related jobs are you doing?Are they freelance,like programming,webdesign,etc.?
Good luck with your crypto freelance career in 2022.
2416  Economy / Speculation / Re: Can you really predict Bitcoin at this time on: December 27, 2021, 12:22:02 PM
I have listened and review to many market prediction, they are not correct.people are just saying there opinions at this time of the year about Bitcoin. Some will say it will come up another will say it not. So many discussion.
Who can decide the next phase of Bitcoin at this time.

Every price analysis is just an opinion.The analysis might combine and calculate several different factors and some statistical data,but that doesn't guarantee anything.Analyzing a market isn't mathematics,so 2+2 isn't always 4 on the financial markets.
Nobody can analyze the market and create a 100% accurate price prediction,that will happen for sure.
People aren't always rational.Perhaps some genius mathematician could create a formula or a theory,which will explain and predict how the financial market works,but this will happen in the future.
The beauty of the financial markets(both crypto,stocks,bonds and FOREX) is that the prices are unpredictable.Having predictable prices will ruin those markets.


2417  Economy / Economics / Re: Americans overestimate social mobility in their country on: December 27, 2021, 12:03:52 PM
I believe that the USA is the right place to grow a business and become rich,if you are in the IT industry or finance industry.You will face a hard time achieving any success in the US,if you are working in another industry.
Anyway,this is just a survey about what people believe and people's perceptions about the economy can be totally different,compared to the actual facts and data.
USA was the land of free entrepreneurship and economic freedom(or it was portrayed that way).
It surprises me that more and more Americans are becoming left-wing and want more wealth redistribution conducted by the government.
Perhaps this is caused by the giant student debt and the generation of young people,who are working in shitty jobs after graduation and can't payoff their student loans.
2418  Bitcoin / Bitcoin Discussion / Re: Donald Trump Says Crypto Is 'Very Dangerous' ... but ... on: December 27, 2021, 07:34:23 AM
Trump also wasn't a very big supporter of the COVID vaccination,but now he is vaccinated and he supports COVID vaccination. Grin
Trump was hating on China and the "Chinese flu",but he was(and probably still is) doing business in China. Grin
What Trump says and what he is doing are two completely different things(sometimes it can be quite the opposite).
I wouldn't be surprised,if he secretly owns cryptocurrencies.
By the way,aren't Trump and Melania separated? Grin
2419  Economy / Gambling / Re: Self-exclusion/ban who to be blame on: December 27, 2021, 07:11:52 AM
Lots of users from this forum have come up with one complaint or the other on how their deposits were withheld by gambling sites after going on self-exclusions, but I confusion why should a user go ahead to make deposits or request for withdrawal after accounts are banned or are its part of the rules of gambling sites to allow for withdrawal from ban account.
In this situation who is to blame the gambling site or the player?

A legit crypto casino would let the user withdraw the remaining balance of his account,after that account was banned/self excluded.This is the way to do business and to be honest with your customers.
A casino should keep the money of a gambler,only if the gambler had lost them by playing gambling games on that casino.Everything else (like blocking the funds in banned accounts) seems like robbery to me.
But that's just my opinion.
Or course,every crypto casino has it's own Terms of Service and some crypto casinos won't allow players to withdraw funds from banned accounts.In this case,it's the gambler's fault,because he didn't read the Terms of Service of the crypto casino.
2420  Bitcoin / Bitcoin Discussion / Re: A Crypto Christmas; Using Bitcoin to help feed the homeless on: December 27, 2021, 06:53:55 AM
That's a great project,OP.Keep it up with the good work.We need more people to start acting rather than sitting on the forum all day long. Grin
I'm not sure that this is the right way of promoting the bitcointalk.org forum,since most of those homeless people probably don't have computers,internet connection and electricity.
Anyway,Christmas is a time for sharing and charity,not a time for consumerist orgy,buying stuff you don't need
and eating three days like a pig.Maybe that's why I hate Christmas nowadays.The meaning of Christmas has changed a lot.

Quote
Funny thing though the driver that drove us to the market told me he is hodling Shiba Inu and wakanda Inu, looking at his appearance one wouldn't think he's educated on crypto.

He most likely isn't educated in crypto.He just got caught in the hype around those shitcoins/memecoins and he wants to make some easy money by buying low and selling high. Grin
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