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2521  Bitcoin / Bitcoin Discussion / Re: One Bitcoin on: January 30, 2022, 09:05:10 AM

Now that I have one Bitcoin, I need to cherish it. My next move will be transferring it from an exchange to a cold wallet (Ledger, perhaps?)

Looking forward to furthering my Bitcoin journey with you all on these forums.

Best.


Congratulations buddy, that is awesome. Owning 1 full bitcoin is also my goal for quite some time now, if I didn't have sold all my cryptos back in 2016 I would have reached my goal by now. Unfortunaley I wasn't in it for the long run back then and can't turn back time. Only thing I can do is learn from it and keep buying more bitcoins. Like you I would cherish my coin and save it. You should definitely transfer it away from the exchange. Some people here prefer paper wallets, other prefer hardware wallets. In case you have trouble deciding which one to use, you could just go for both and store 0.5 BTC on each type.
2522  Economy / Gambling discussion / Re: If football is Legal in most countries why is Gambling Prohibited on: January 29, 2022, 01:42:07 PM
Morally speaking some countries could feel the obligation to protect their citizens against the risk of gambling addictions. Even though only a very small percentage of gamblers actually become addicted it still presents a risk. Against this is the potential earnings for the government from taxes on gambling. I would argue that most countries allow gambling as it's a good tax income for the state. Then there are religious countries where gambling with money is not allowed. If the majority of a country following a religion that banned gambling it's nearly impossible for politicians to allow it. But even the strictest ban on gambling can't fully stop it. There will always be people trying get around it and create a blackmarket. For me football and betting belongs together, even if it's just a few bets among friends.
2523  Alternate cryptocurrencies / Altcoin Discussion / Re: Do you invest in new Gaming projects? on: January 29, 2022, 01:28:55 PM
I enjoy gaming myself and used to be really upto date with new games and what is being developed. But over the last two years I got disappointed by all the new games. For example, the old battlefield games are among my all time favourites, but the new ones are just bad. The last two installments where so disappointing that I have less than 20 hrs playtime in each. It's not only EA, all the major developers are the same. That's why I would only consider going into indie games these days where developers still care about their game. The problems these days is that making a good game is no guarantee to be successful and profitable. Many bad games make tons of money with loot boxes and cosmetics. It's hard to compete as the big titles.
2524  Economy / Trading Discussion / Re: A Newbie Needs some help :D on: January 29, 2022, 01:16:33 PM
Welcome to the world of crypto currencies. I am not an expert myself so I probably wouldn't be the best teacher. But what I can offer you regarding online trading from home is to be careful when listening to others. There are good online courses for trading, but they cost money. Getting trading tips and advice for free is always tricky, because we don't know if the other person is actually selling us something. Asking why someone is recommending a particular coin is important and try to understand the reasoning behind it. Another tip I would give you is to not worry so much making mistakes, it's part of the game. A lot of learning in trading comes from doing it regularly. There is no golden rule to make us rich quickly. Good luck with your trades.
2525  Economy / Economics / Re: Which business profit model do you prefer? on: January 29, 2022, 01:03:08 PM

Please give reasons for your choice

I prefer the business model that focuses on all customers and not only on the rich. Focusing only on a particular group of people has some drawbacks, like you always need to stay ahead of the market. If the rich people don't like your product anymore you are screwed, there is no real alternativ. As for other strategy it's much better, if the rich don't like it anymore you can still sell it to the poor and average people. Also why not just make two variants of the same type of product. You  could make one look more expensive and sell it to the rich and the other one to the poor. Same product, just two different marketing campaigns and two different prices.
2526  Bitcoin / Bitcoin Discussion / Re: I invested $100 for 18 years for my new born nephew on: January 29, 2022, 12:56:34 PM
What do you think, guys? Will this amount be enough for his better study costs? Though if they keep it for 10 years, at least that's enough for me. What do you think, guys? What will be the price of this $100 after 18 years?
I bought bitcoin at an average price of $35,546,.

I think its a great idea. In my country banks offer similar products where you invest today and they guarantee a payout for the 18th birthday of the child. The problem is that the interest offered is very small, it's usually much better to invest the money yourself and give it as a present later. In the end it's like giving a loan to the bank for 18 years, but who knows if the bank will be around in the future. I really like your approach, you made your nephew a HODL investor for the next 18 years  Cheesy that should be a nice return for him then. And this will also make him interested in crypto currencies and learn something about them if he already owns some.
2527  Alternate cryptocurrencies / Altcoin Discussion / Re: A crash is also a chance to change allocations of your coins on: January 28, 2022, 12:04:53 PM
Interesting idea, I haven't really thought of that yet. Changing our portfolio positions can help to be in a better shape for the next rally. Most of my money is in BTC and ETH, I am not going to sell these. But shifting around alt coins is a good idea. Some of us might be scared to sell coins at a loss, but it also has advantages. Holding a coin until it turns green again is an option, just not the best option. Switching into more profitable projects means we are going to make higher return in the next rally. Another advantage of selling a coin at a loss is that we get a tax right off for future gains, the money we lost on one trade we can get back from saving taxes on our next trade. Changing allocations into stronger crypto coins is a good recommendation.
2528  Economy / Trading Discussion / Re: Good moment to buy btc or eth? on: January 28, 2022, 11:48:40 AM
Hi crew. Hope you are all well in new 2022. Good moment to buy btc or eth?

Yeah definitely a good time to buy. I am going to use my next paycheck to buy more bitcoins. During the dip last year I didn't really have any free money to invest so I am glad now there are new entry levels. Almost all asset classes are affected by the bear market, it's not a problem in the crypto market. And who honestly thinks that in 1 or 2 years bitcoins are still going to be below 40,000? I don't think so. In a few months we could hate ourselves for not taking advantage of the current levels. Just don't use all your money to buy now. Best to split up the money and buy more if the prices keep dropping short term.
2529  Economy / Economics / Re: One nation one currency... on: January 28, 2022, 11:41:31 AM
From the beginning of humans, we have created boundaries between ourselves by lots of conflict over the century. Our greediness and eagerness for more power make us intelligent animals. Humans are capable of their own destruction. But what if those never happen? what will be the scenario of the current world if there is only one nation and one currency and humans invest their full strength for human resource development and the development of science and technology? What do you think is that even possible in the future and what will be the benefits and inconvenience of it?

I do think that this is possible and hope humanity can reach to have only one country with one currency. This would also mean to have only one government that takes care of all the people in the world. As long as that one country is based upon freedom and equality it should be the goal. The biggest hurdle to reach that a world is religion in my opinion. Religions are different all around the world, people pray differently and have different customs, and every religious person says that his god is the real one. Too many wars have been fought in the name of God. We need equality for the world to work together. The more technology advances the less religious people there will be. In a few hundred years we could have only one country on earth with one currency.
2530  Bitcoin / Bitcoin Discussion / Re: My second purchase with bitcoin on: January 28, 2022, 11:24:10 AM
That was a nice purchase you did there in December, right before the prices were falling. Usually I am against using bitcoins for buying things where I could have used fiat money instead, but if this happens right before the dip it's great timing. The best would be now to buy back the same btc amount at much lower rates. I am also looking to upgrade my PC system but prices are so high at the moment that I am just not that comfortable. The most important component for me is a new GPU which are expected to rise another 15% this year. If prices recover soon I might sell some of my alt coins for the new PC.
2531  Economy / Gambling discussion / Re: 🥶 Winter Beijin 2022 🥶 Discussion and bet thread 🥶 Winter Game 🥶 on: January 28, 2022, 11:17:53 AM
I read this week about the swimming team at Penn State University that is having problems with the female athletes. A teams woman is completely destroying all the other swimmers and breaking records. One of the teammates spoke out that this will ruin her chances of attending olympia. So I wonder now, isn't that going to happen in all the other disciplines too? A male body with testosterone transitioning into female should always have biological advantages. Could we maybe make strategy to bet on all the trans athletes during the next Olympics? I am not an expert on olympia sports betting, but maybe there is a profit to be made.
2532  Economy / Trading Discussion / Re: Don't be wiser than the market on: January 27, 2022, 07:41:29 PM

Take the little you can and leave will help build a good trading account. If it doesn't work out In a single trade take a rest and try again some other day. The market is always flourishing don't allow greed buy away the good analysis and strategies you built over the years. It's one thing to learn and another thing to earn. It's one thing to know a strategy and another to use it against the market tragedy. Instead of deciding for the market take the little you been offered and come back another day.


Amen brother! There is no need to force returns in the market in one day, we are just a small trader compared to the total market and can't influence the prices. Assuming that our trades would have any real price impact is like thinking that we know more than the market, what is wrong. Like you said there will always be another day and another chance to make a profit. We shouldn't worry about missed opportunities, that is just greed speaking in our head. Following a good strategy and relying on fundamental and technical analysis will help us to prevent reacting on our emotions. Trading is a hard business and requires a lot of work for staying ahead, and still requires some luck to make a profit.  
2533  Economy / Economics / Re: IMF urges El Salvador to remove Bitcoin as legal tender on: January 27, 2022, 06:52:16 PM
I don't really understand how having Bitcoins as the legal tender in El Salvador is going to bring higher inflation. El Salvador relied heavily on the US Dollar and was struggling with their economy for years. Nothing wrong with trying out something in my opinion. When reading about the IMF it sounds a bit to me that they are afraid to lose influence in El Salvador and other central American countries. The IMF seems a bit biased here and might be the wrong agency to speak out here. Most of the IMF loans they give out are US Dollar denominated, so of course they want that countries remain as close as possible to it. With bitcoins the IMF also has some problems regarding the collateral for their loans. Borrowing in fiat money and then buying bitcoins is a very risky business and shouldn't be done by a government.
2534  Bitcoin / Bitcoin Discussion / Re: Still haven't sold a bit of BTC since 2013... if I can do it you can do it too! on: January 27, 2022, 06:06:30 PM
Hi everyone, it's been awhile, just wanted to tell you that I still haven't sold a bit of BTC since 2013... if I can do it you can do it too!

Some of you may say it's a dumb decision or risky, but I'm all for BTC and positive about it. To the Moon!

Wow thats awesome, you must have really good nerves and a strong stomach Cheesy I am also a HODL investor but sold some BTC in the past. My biggest regret was selling all my coins back in 2016. I don't even remember why I didn't keep at least some coins in my wallet. Not going to make the same mistake again. Even if I need money urgently in the future, I will always keep holding some bitcoins. BTC is the main crypto coin for me and I do believe the things will be positive again. To the Moon is a good target, lets hope  bitcoins are going to recover quickly this year.
2535  Economy / Gambling discussion / Re: little knowledge about gambling - before I knowing bitcointalk.org forum on: January 27, 2022, 02:26:50 PM
Welcome to the forum, always good to see new members here. I fully agree with your 3 points on gambling, it's a very risky business and we need to manage ourselves to not lose all our money. It seems that you already have a strong insight into gambling, this might come from friends who are successful in gambling. It's always good to have someone to learn from. I remember that when I was 18, a good friend of mine showed me the world of online poker and taught me a few valuable lessons. Especially the bankroll management is key to being successful. Any game that involves chance is going to have variance on the outcome, we as gamblers need to manage that variance. Protecting our money to up and down swings is crucial if we want to be around a long time in gambling. That's why never bet everything at once, always save some funds for another day.
2536  Economy / Services / Re: WINZ.IO Casino Signature and avatar Campaign(FULL)(NEW RATES) on: January 26, 2022, 04:50:13 PM
Payments have been sent to those who qualified, there are some open spots for full member and below

Payment received, as always right on time.

Unfortunately I am leaving this campaign now. I want to thank yahoo62278 and the Winz.io team for the great campaign, it was a pleasure to be part of it.

All the best.
2537  Other / Meta / Re: [Voting 2021] Bitcointalk Community Awards 🏆 on: January 26, 2022, 12:04:05 PM
 1. Absolute Hero of Good: Theymos and Satoshi
 2. Golden Feather: LoyceV
 3. Bitcointalk Ninja: DdmrDdmr
 4. Bitcoin Geek: o_e_l_e_o
 5. Event of the Year: YouTube Channel of Bitcointalk
 6. Fail of the Year: not decided yet
 7. Discovery of the Year: EZ0010
 8. Best SpamBuster: Ratimov and examplens
 9. Best ScamBuster: ScamViruS
10. Craft Master: Hhampuz, Maus0728 and yahoo62278
11. Antihero: not decided yet
12. Miss Bitcointalk: Shasha80
13. Best Moderator: mole0815
2538  Economy / Services / Re: [OPEN] arteq.io | NFT Art Investment Fund Signature Campaign | Sr. Members+ on: January 26, 2022, 11:26:17 AM
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=854667
Current amount of posts: 4288 (including this one)
EARNED Merit in the last 120 days: 60
bech32 BTC Address: bc1ql7s2srtj7urgtvvq7ytqx04g8l84cfsr4q7drm
2539  Bitcoin / Bitcoin Discussion / Re: Do you think crypto is going to replace the dollar? Jack: Yes, Bitcoin will on: January 24, 2022, 11:54:42 AM
That's a short and precise answer, a quick YES. Unfortunately there is no real time period to it, that could mean it happens in 100 years when no-one of us is around anymore. I don't think it's very realistic that bitcoins is going to replace the US Dollar any time soon. We still don't have a full international framework of how to deal with crypto currencies. As long as some countries are banning cryptos we can't have bitcoins as the world currency. It is still going to take some years until we can pay with bitcoins all around the world. Bitcoins could be the comprise then that all the big economies accept. It doesn't seem like that the currency war between US and China is going to end any time soon.
2540  Economy / Gambling / Re: What are the best ways to choose a casino on: January 24, 2022, 11:48:00 AM
Hello am new here and am interested in gambling but with the rate of scams casino I am finding it difficult to know the right site that don't scam players?

I know your problem, have been there myself in the past. We invest a lot of time and money in our crypto portfolio and don't want to see it disappear into the wallet of some scammers. My first step looking at a new casino is always Google. What kind of reviews are available, how long has the casino been around, is their casino licences legit? A quick search can answer these question, but we need to be critical, scammers can also write fake reviews. That's why it's important to look at which time period the reviews are written if they sound similar. The second step is always to check here on the forum. For all the big casinos gamblers write about their experiences here and if there is a red flag or some issues in the past.
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