Bitcointalk Account: mindrust
My vote goes to: Mame89, puloweh555, GazetaBitcoin, Becassine

Winning $10k is easier if you have a big bank roll. Either way it is a luck based thing, merits shouldn't be given like this. What will be the minimum amount? You said $10k is huge and winning it is a huge accomplishment so this person deserves to get merits, how about winning $5? To some people $5 is big money too. Do you think he should be getting merits too? What about $1?

I won a dolla feed me meritzz  

You didn’t get my point I am afraid. If I was a MSTR investor, I would dump my  MSTR shares the moment I heard Michael’s decision on buying btc. Like I said, MSTR is a software company. I don’t exactly know what kind of software company it is but I know that they should be making their money from making apps. Any other income they make will not be coming from their main business activity which is making apps.

TSLA is doing the same thing and it is concerning.

If they (TSLA and MSTR) want to be an investment company, they should either convert their company to an investment company or they should start another.

If I was a shareholder of KO, I would want my company to sell lots of soda and some junk food would be fine too. That's their job. They shouldn't be doing something else.

It is a bad sign for a business, it means they can't generate enough money from their main activities.

I don’t think these type of posts deserve merits. People may get some merits for their accomplishments every once in awhile but it shouldn’t be a regular thing. You also want to assign a merit source to this job, giving merits to every “I won $10000 fuck yeeeeah” post which is pretty ridiculous. I can’t approve this proposal. I am pretty sure the other sensible members of the community will agree with me. People get merits for their quality posts. Merits don’t really serve any other purpose.

I am aware of the difference between usdebtclock and the wiki article but I thought the wiki article was outdated. It says the info is from March/2023 which is a year old. usdebtclock should be showing the updated info. The difference is only 30% though. I don't think it proves a point here. It is still over 250%. Let's say it dropped to 200% would it change anything about how fucked Japan is? Nope.


Which brings a recession and it is equally bad. What you are saying is:

"We can cure this cancer if we kill the patient. No patient, no sickness to cure."

Japan might have no inflation, it is because it is already a dead economy.

Yes we can cure the inflation if we kill the economy. Bravo Doc, you'll get the Nobel prize for this research.

It is clearly stated in the OP. If they don’t do anything with the excessive oil/gas it will go to a waste. They will be burning that unwanted oil anyway so why not make profits from it instead? It is free money. Being rich already doesn’t change a thing. Even Warren Buffett would pick a $100 from the ground. Elon is rich too and yet he is still dealing with crypto. I find your logic flawed. If you can’t expand, you’ll shrink.

I don't think we have a product like that here and I find it silly for multiple reasons but I'll get to that.

First, You said "are there central banks that do not allow it?". I can't make the relation here. I don't think you can do business with the central banks as an individual.

Anyway, If you keep your FIAT locked without collecting interest, you will lose massive purchasing power. You don't want to do this. Especially in the long term, it will be a disaster. Even if you collect interest it is still not a good idea as the interest you collect will be lower than the actual inflation.

Do you want to save FIAT or stocks or crypto in a bank account? Who is going to manage these portfolios?

I can't make any sense of what you wrote.

If you want to be a hodler, just forget that you had these assets. It shouldn't be that hard.

Averaged 0.8% but it is over 2% now. Do you think it will go down from there? Japan is an interesting case indeed though.


https://www.usdebtclock.org/world-debt-clock.html

Take a look at the public debt to gdp ratios. Japan is by far the leader with ~298%, the runner-up is Greece with ~226% and the third place belongs to Italy with ~171%.


This shit is crazy and trust me, you don't want to be Japan.

The aging population of Japan isn't helping either as older people don't buy the newest iphone or toyota very often. They use what they have till it breaks and Toyota's last to the grave  That huge pile of printed paper should bring huge trouble in the future if not today. When it does, it will be all fireworks.

Debt could be a good asset instead of being a liability if you are smart about what you are doing. Last year the interest rates in my country were so low, you would actually lose money if you didn't take any loans. Since the rates were much lower than the inflation, the prices of goods rose even faster because of that. Everybody was borrowing all the money they could at that time. Normal people bought silly stuff with the money they got from the banks. Smarter people made investments; bought stocks, crypto, gold with it. Some even expanded their business and increased their capacity. These people made a killing thanks to that cheap money. (I made my fair share too)

I think even SHIBA is a scam/shitcoin. I don't understand how it became a thing and why people are still buying it. Something is very fishy with that shitcoin and I feel like it won't end well when the cover blows off. Doge is the original meme coin on the other hand, I feel a lot better about it somehow.

The others you mentioned are straight scams. There is indeed no use case for any of those coins. People don't even use Doge that much. People use LTC more than any other alt and it still under-performs doge.

If you rely on somebody else for tips, you'll lose your ability to learn that skill yourself.

An old saying goes like this:

"Don't give me fish, teach me how to catch fish."

Learn how to make the right predictions yourself. Study the statistics. Learn math. If you think that's too much work, then it means that's indeed too much work. Nobody said gambling is free money.

What will happen when those tipsters deliberately feed you with wrong info? It happens all the time.

Another great saying:

"Don't trust, verify."

These are very tough questions. If you somewhat meet the right people you'll get back on your feet very quickly. These people are everywhere. They sit next to you in a bar, they go to the same artist's concert with you, you go to the same hairdresser with them. There are assholes around too but you need to be able to identify the right people very successfully. That's a social skill which you can learn. These people will be glad to help you out because they are rich and rich people are mostly chill.

Network mate. A person with a good friend network will never starve. It is all that matters in this age.

I have a friend who is a college dropout and he owns a software company if you can believe it. The best part is, he doesn't know how to code a single "hello world" app. He collects the orders from the customers and sends them to a 3rd party software company/group. He can do this because he knows many people, he can reach many people.

I am not really sure about this but you can probably join signature campaigns with them. If you inform the manager about that alt account which belongs to you, he still may let you join. I don't think there is any rule against this. Or is there?

It is unethical when you don't inform the manager about your alts and join the same campaign with multiple accounts.

Let's say your main is posting in sig camp x.
You go to camp y with your alt and got accepted. (because you won't get accepted in the same campaign with 2 accs)

Then you can post both with your main and your alt and get paid twice. As long as people know what you are doing, there shouldn't be any problems.

Zero risk = Zero profit

If you are somehow making money (big or small), it means you are taking risks. Your day job has its own risks as well. You are getting monthly pay checks but you can get fired and lose you job too.

Imagine the people who started to learn computer programming 5 years ago only to find out that most of what they learned would become obsolete because of AI. They took a risk, they learned programming but since AI is taking over, now they are not needed that much anymore. (I know it doesn't apply to the people who are experts in very specific fields of programming, like engineering stuff)

A basic retail merchant will make money almost all the time if his shop is located in a busy area, but a place like that would be an expensive purchase. Or... He can buy some cheap store which is in the middle of nowhere but then a few years later that deserted place may become a busy area.

What would you do? Would you take that risk and buy that store in the suburbs? Or would you prefer that expensive store that's on a busy street?

If you buy that cheap store and know something which other people don't, you will make a killing. Otherwise, you'll have to be incredibly lucky. You'll have to deal with poor people and you may not like it. High risk.
If you buy the expensive store, there won't be much room for expansion because the street is already as crowded as it can get. You will make money indeed but your landlord will be your partner. You'll exactly get what you paid for. Low risk.

Cheating contests, sig camps and merit sharing are obviously no good practices but there is one more thing:

People with many alts can create fake discussions, fake debates, support each other’s opinions and affect other people’s opinions that way. This is way worse than abusing sig camps imo.

You don’t have to declare your alts publicly and you can have as many alts as you want. You won’t get into trouble unless you do the unethical stuff I mentioned above.

Sometimes people create alts just to voice their unpopular opinion but they don’t want their main account to be labeled with any negative/neutral trust ratings. That’s a good and ethical reason to create an anonymous alt account.

Dividend paying defensive stocks are the best inflation hedges imo.

First of all, they are defensive. Meaning they make products which people will always need and gonna buy. (Shampoo, toothpaste, toilet paper, water, drugs etc)

2- They can easily raise their prices, adjust them to the inflation rate and still sell their products without any problems. Meaning; they are recession-proof.

3- They pay dividends. Meaning; you’ll always have a cash income regardless of the financial situation in the world. It is important because we live in a cash world.

You can’t fix inflation. Nobody can. It is because these central banks are addicted to printing. However, You can protect yourself from it. It is not rocket science…

If you are not into stocks, buy bitcoin.

I don't want people to abandon bitcoin. People who can afford to pay them high fees are paying it. People who can't, they don't have much of a choice... They use something else naturally. They don't need my opinion on the subject, they can notice the situation as much as I do.

Do you think Bitcoin hodlers care about it anyway? Seriously. Price is going up, everybody is happy. Except you.

Bitcoin is working as intended, making people rich, killing the USD.

In fact, I decided to DCA on LTC after I saw that chart I posted earlier. It means I am joining them, they ain't joining me.

You want bigger blocks. LTC has bigger blocks. Use LTC, problem solved. Stop being a moron for one second.

BTC is digital gold with small blocks. Accept it and move on.

Here are the choices you got:

a) Digital Cash (LTC)
b) Store of value/Digital Gold (BTC)



c) Keep crying bwaaa Core killed BTC bwaaa why not Core make blockz bigga

^ I feel like you'll always choose c) 

The OP and you also are promoting a different network other than Bitcoin. Remember BCH is not Bitcoin.

BCH is an altcoin just like LTC and XMR. I am indeed not happy with the transaction fees and there are lots of people like me. As you can see in the chart I posted earlier, many people who think like me have decided to use Litecoin.

If you (and the OP) don't like BTC or find it expensive like me use something else. Hell, use BCH if you want. Nobody's stopping you. Apparently though, most people decided on LTC.

Why don't you create a thread and educate people on BCH if you like it so much? Why do you think people like LTC more than BCH?

Gold has its own purpose. It is similar to bitcoin in many ways but some of its properties cannot be replicated by bitcoin and never will. First of all, gold is physical and it has that amazing shiny yellow color. That weight feels awesome too and the noise it creates when two coins hit each other… you can’t have these with bitcoin. Females will always definitely favor gold over bitcoin because they can’t wear bitcoin.

Price-wise though, bitcoin is clearly superior. Gold is barely moving and even when it does, selling physical gold is just too much hassle. The spreads are too high. Selling btc is way easier and trouble-free.