Bitcoin Forum
June 23, 2024, 04:47:57 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 [141] 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 ... 475 »
2801  Bitcoin / Bitcoin Discussion / Re: Why Do Young Investors Prefer Cryptocurrencies? on: September 17, 2021, 07:10:36 AM
1.Bigger profit margins.It's all about greed and making more money...
2.Easier access,compared to the traditional finance,but traditional finance is also getting easier access,due to apps like RobinHood.
3.Cryptocurrencies are more appealing to the tech savvy people.Most young people are tech savvy,so they like new technologies and innovation.
4.Higher risk:reward ratio...
5.Having less trust in the traditional financial institutions,like banks,hedge funds,insurance companies,etc.
2802  Economy / Gambling discussion / Re: ⚽UEFA Europa Conference League Discussion Thread on: September 17, 2021, 06:31:11 AM
To be honest,I didn't expect Roma to win 5-1 against CSKA(Sofia).The Italian teams are usually not so concentrated at the beginning of such tournament.They start gaining momentum at the eliminations stage.
On the other hand,the rich clubs were failing pretty often against smaller and not-so-rich clubs in tournaments like Europa League.In last year's final Vilareal defeated Manchester United,so I kinda doubt that teams like Roma or Tottenham will be winning the first edition of the Europa Conference League.
2803  Economy / Gambling discussion / Re: ⚽UEFA Champions League Discussion Thread -- Group Stage! on: September 16, 2021, 12:18:14 PM


It is not his first experience in UCL, dont you remember that he was able to bring Tottenham into UCL Final in 2018/2019?
He has the most expensive team in this world with so many talented and popular players, it would be ashamed if he cant get at least a title with his expensive team.
What I doubt is about his experiences in managing a big team like PSG as he has less experiences in managing big teams.


Having a very expensive team full of super-stars is a double edged sword and many managers have failed to achieve any success with such teams.The expectations towards Pochetino will be even higher,after PSG signed with Mesi,even though Mesi is getting older and I believe he is far away from his peak form.
Manchester Citi also has a very expensive team,but I don't think that they are going to win the Champions League anytime soon.
 
2804  Economy / Trading Discussion / Re: Is it true that it is said that South Korea will close many trading platforms in on: September 16, 2021, 11:43:15 AM
I have always received a lot of negative news these days. Everyone says that I don’t buy too much in September,It seems reasonable.
Some people say that there will be huge bad news on September 14.
Some people say that South Korea will close many trading platforms in September.
I don’t know if it’s a fake news from some black media? What do you think?

Unfortunately South Korea is becoming more hostile towards the cryptocurrency trading platforms,but the intention of the South Korean authorities is to protect the investors.
The fact the many trading platforms will be closed in South Korea doesn't mean that the people,who have money on these trading platforms will lose everything.I'm sure that the South Korean crypto traders will be allowed to withdraw their coins,before the trading platforms shut down.
I guess that you will have to use foreign crypto exchange platforms in order to trade cryptocurrencies,especially if you are located in South Korea
2805  Economy / Economics / Re: Chinese construction Mega-Bankruptcy. Evergrande about to crash for 355B on: September 16, 2021, 06:34:54 AM
The Chinese government will have to step up and save this mega-corporation from bankruptcy.
The comparisons between Evergrande and Leman Brothers are far-fetched.
The US government had to save Leman Brothers,but they were too late and the LB bankruptcy caused a financial domino effect over the US and global financial systems.That was a big mistake.
I'm not a fan of government intervention,but the "too big to fail" corporations will have to be saved before it's too late.We don't need another major financial and economic crisis,in times of high inflation and a pandemic.
 

2806  Economy / Gambling discussion / Re: Gambling Book/Website Suggestions ? on: September 16, 2021, 06:07:56 AM
My father loved to gamble, and was a big Blackjack player.  He was an incredibly smart guy, and always did his homework before ever doing anything at all.  That was no different when it came to gambling.  I remember seeing him read several Blackjack books, which was his favorite game to play.  Do you guys own any good gambling books or know of any website where you can learn skills to play certain games like Blackjack, Poker etc?

I remember that there are was a website about poker tutorials in my country,which was active a few years ago.I don't remember the domain name,but there were multiple poker tutorials and links to the best casinos.
The bast way to learn poker or blackjack is to practice.Reading some books and watching tutorials might help a little bit,but becoming a skilled player can be done only thru playing a lot against other good players and even making mistakes.Learning from your mistakes is the best way to learn.
2807  Bitcoin / Bitcoin Discussion / Re: Dollar supporters destroy Bitcoin ATM in El Salvador on: September 16, 2021, 05:44:58 AM
I assume that there are two possible case scenarios about this accident.
1.The vandals are paid by someone to do this.
2.The vandals are just a bunch of uneducated and delusional people,who think that Bitcoin is about to destroy their way of living,because they don't know how to use a computer or an ATM.
I don't understand Spanish.What does "bukele drogo narco cerote" mean?Does this have something to do with drugs and Latin American nacro cartels?Do they really think that Latin American narco cartels are using BTC?
This sounds ridiculous to me.
2808  Economy / Speculation / Re: Crypto Exchanges See Large Bitcoin Outflows BTC balance of Coinbase on: September 15, 2021, 11:50:14 AM
Many crypto traders have finally realized that the centralized cryptocurrency exchange platforms are not the core of the crypto world.The crypto community can thrive without those centralized exchanges.
This is rather good news and we don't have to worry about BTC outflows and having less BTC in the hands of crypto trading platforms,that can be hacked.
It is way better to keep our coins in our wallets,while blindly trusting greedy corporations like Coinbase.
Many Bitcoiners finally believed in the "not your keys,not your coins" and "be your own bank" slogans,which define Bitcoin.
2809  Economy / Economics / Re: Tulip Mania 2.0 on: September 15, 2021, 11:30:07 AM
There are many nocoiners that claim that Bitcoin is “Tulip Mania 2.0”, but it has been 10 years. How long must the protocol keep running before the rest of the world accepts that Bitcoin is not going anywhere. In fact, it opened a Pandora’s Box of new possbilities. BUT, I believe the next “Tulip Mania” for this bull cycle are, NFTs.

The original Tulip mania was one gigantic price bubble,which popped and the tulip prices never reached the same level.Bitcoin price is going up and down,while maintaining a price growth in the long term.
There were multiple price bubbles in the history of BTC,but all of them popped and the market price recovered and gained even more value after that.There's no room for comparison with the original Tulip mania,which happened in the Netherlands a few centuries ago.
NFTs are the next "shiny object" that will attract all the "financial gamblers",pump&dump traders and speculators seeking for "the one big hit".4 years ago,ICO tokens were the same thing,now the NFTs took over.
2810  Economy / Gambling / Re: ProvablyFair.me | Bet Verifiers | Fair gambling 🎲 🏆🍀 on: September 15, 2021, 07:57:29 AM
I assume that this is yet another crypto gambling review website with the added feature of verifying bets.
I like the website design.It looks clean and fresh.It would be nice if you add more casinos to the list.
To honest,I've never really cared about the fairness of the gambling games.A crypto casino can still scam it's customers,even if the games are "probably fair",like having blocked withdrawals,accounts banned for no reason,"hacked" accounts,problems with the website,while the players are placing their bets,etc.
Gambling is just for fun,not for making money.
Anyway,good luck with this project,OP.
2811  Bitcoin / Bitcoin Discussion / Re: What are some things only pre-2011 Bitcoin users would know? Culture & practices on: September 15, 2021, 07:32:13 AM
There's a whole eco-system rising mainstream now, how were things different back in the day? Were there some unrecognizable practices that no longer go on today? What are some cool throwback things? Has navigating the dark web changed with respect to how the blockchain is navigated (is it as anonymous now with ppl including feds being able to track things the way they can)?

I don't understand your question.
Bitcoin and some altcoins were adopted by the darkweb marketplaces a few years ago,but other than that,I don't see how blockchain technology had changed the darkweb.In order to access and use the darkweb,you need Tor Browser/Tails OS and onion websites.Those three pieces of technology have nothing to do with blockchain technology.
Anyway,about your main question,well,I wasn't aware about Bitcoin in 2011,but I guess that 2009-2011 were the "golden years" of Bitcoin mining by using just your PC and Bitcoin faucets.
Crypto exchanges and mixers were not a thing.Most altcoins weren't created.All the tokens,ICOs,DeFis and NFTs weren't a thing as well.
Using BTC definitely wasn't user-friendly back then...
2812  Economy / Speculation / Re: Bitcoin Golden Cross approaching on: September 14, 2021, 11:44:49 AM
This type of "draw a line over the chart and start making predictions" analysis looks like shamanism to me.
This is the same as watching a crystal ball,acting like Nostradamus and making weird conclusions about the future of the world. Grin
The BTC price might hit a "golden cross" or "golden X" or whatever.And so what?Even if the price hits a new ATH,it will go down after that for sure.The people who think that the Bitcoin price will come to a phase,where it will only up and up to the moon are simply naive.The price will keep moving thru pump and dump cycles,corrections and ATHs,bull runs and bear markets.We might not like it,but this is how Bitcoin is designed to be.
2813  Bitcoin / Bitcoin Discussion / Re: I'm back into Bitcoin! on: September 14, 2021, 11:18:42 AM
So basically you were an early Bitcoin user,but you don't know what a wallet.dat file is?This is weird.
It must have been crazy to earn 2.5 BTC just by using Bitcoin faucets back in 2010-2011.
You didn't tell the story about how did you get interested in Bitcoin 10 years ago.
Congratulations on your discovery.This is like winning the lottery,but be careful with how are you spending those BTC.
If I remember this correctly,the saying was "Easy come,easy go."
Money that are earned very easy usually get spent pretty easily.
2814  Economy / Economics / Re: How would Bitconia look like? on: September 14, 2021, 06:44:04 AM
Some people may thing that there are countries that would do better to adopt bitcoin as legal tender, just like in El Salvador, and in many others bitcoin is widely used for fear of the economic and authoritarian policies of the governing juntas.

However, I am inclined to think that bitcoin needs a country. The value of bitcoin, the community and the influence that exerts could potentially make that possible when bitcoin reaches an even higher valuation (perhaps it would be possible even now). How would Bitconia look like? How would we get there?

So you want a brand new country to be created?With the sole purpose of having Bitcoin as national currency?Creating a country with the one and only purpose of using a currency sounds like a dumb idea to me.
A country needs territory and population.Can you find some free territory on the map?Probably Antarctica or the desert of Sahara or somewhere inside Mongolia? Grin
Bitcoin isn't supposed to be local,it has to be global.Locking Bitcoin inside one country would mean that the other countries will find another reason to ban Bitcoin.
2815  Economy / Gambling / Re: 🚀📈 Satcrash.io - The Premier Bitcoin Crash Game 🚀📈 on: September 14, 2021, 06:21:35 AM
Welcome to the forum and good luck with this project.
I don't know what's the point of making another crash game website,since there are 1000 crash games already online.What makes you more special than the other crash games on the crypto casinos?
Having no blocked countries(even though you have blacklisted countries) and no KYC isn't that impressive.
You slogan "The premier Bitcoin crash game" sounds weird,because this is a newly launched website.
The really "premier" BTC crash games are usually on the most popular crypto casinos.
Anyway,good luck with running this website,OP.
2816  Bitcoin / Bitcoin Discussion / Re: Bitcoin is like a losing lottery ticket on: September 14, 2021, 06:01:42 AM
https://youtu.be/52DuIE1-tJY

The linked video explains the difference between traditional financial instruments and bitcoin. Traditional are redeemable, while bitcoin is not. Which makes bitcoin equivalent to a losing lottery ticket. Or, similar to a stock of a bankrupt company, a currency of a former county or a casino token of a bankrupt casino.

I'm not going to waste my time watching a FUD video.
What do you mean by "redeemable"?You can sell BTC for fiat money.This makes BTC redeemable.
What do you mean by "traditional financial instruments"?There are stocks,bonds,mortgages,different kinds of loans,futures,call and put options.They are all traditional financial instruments,but they are different from each other.You can't just put them in one big group.
You are probably butthurt,because you have lost some Bitcoins,that's why you are hating on BTC and trying to spread FUD.Don't waste your time and move on.Losing money and making mistakes is a part of life.
2817  Economy / Speculation / Re: The dump was only a funding reset on: September 13, 2021, 11:48:30 AM
Panic selling had always caused automatic liquidations by stop loss orders and trading bots.
BTC Price dumps had always caused increased levels of FUD,which might or might not lead to more panic selling(it depends on how "good" and "convincing" the FUD is). Grin Those two factors always help for making price corrections bigger than they actually are.
It's a well known fact that September is a historically bad month for Bitcoin,I wonder why this month is so bad for BTC.Is it because September marks the beginning of Q4 of the financial year?Does it make any sense from a financial perspective?Is it because many crypto traders are returning from their summer vacations,so they decide to sell some Bitcoins?This doesn't sound like a legit reason to me.
 
2818  Economy / Gambling discussion / Re: Uk most deprived areas have the Highest number of gambling outlets. on: September 13, 2021, 07:51:20 AM
Quote
How should they go about controlling these things? Should the government try and make laws to ban such behavior and such state? I think people should have a minimum wage for sure when it comes to gambling, what do you think ?

It's pretty normal for the poor and working class people to get more easily addicted to gambling.
My country has way lower standard of living,compared to the UK,and casinos are everywhere.
What do you mean by "minimum wage for sure when it comes to gambling"?
Do you suggest that the government should raise the minimum wages,so that more people could gamble?
I disagree.Funding the gambling addictions of many people won't lead to anything good.This won't improve their lives for sure,but it might have the opposite effect.
In many countries gambling is banned in most areas and permitted in certain cities only.
Just like the USA,gambling is banned in most states,but it's allowed in Nevada and Georgia.

2819  Economy / Economics / Re: Boost of a countries economy on: September 13, 2021, 07:30:37 AM
Quote
Diversification of economy by not focusing mainly on one major source of income boost and increase the economy to a large extent, as well limiting the losses....in a country tourism, technology, Agriculture and Sports mainly football will grow and boost an economy vastly.....why some Countries suffered during the Covid 19 pandemic is all because they focused and operated in one section to generate income, so boosting of an economy can also be achieved in different ways including crypto currency.

Football will boost the economy?Are you kidding me?Is this a joke?
In my country,the economy is going really well,despite the pandemic.
The COVID pandemic had an impact over the global economy in 2020,mostly due to the lockdowns and closed borders.Now,the borders aren't closed and the lockdowns aren't so severe.
Cryptocurrencies cannot boost an economy,because cryptocurrencies are just tool used for economic activity.
Saying that crypto will boost the economy is like saying that the US dollar or Stocks can boost the US economy.
An economy can be boosted by increased government spending,or lowering the taxes,not by cryptocurrency adoption.
2820  Bitcoin / Bitcoin Discussion / Re: A good man/woman leaves an inheritance on: September 13, 2021, 06:56:34 AM
An old proverb says “A good man/woman leaves an inheritance to his children's children…”. Since the inception of the world, whenever a person dies, their personal assets like money, possessions and property are either shared as stated in a will or in accordance with the law of succession where the deceased leaves no will. In most cases, the beneficiaries include may their spouse(s)/civil partner, child or children and grandchildren. In other cases, their brothers and sisters, parents or parent, nephews and nieces, favorite charity organization and state (where there is no relative) get to be the beneficiaries.

I recon that in the coming years folks are going to will their wallet seed and passphrases to their family members, their favorite charity, and even their kids unborn. As an investor or crypto trader is this a legacy you would want to leave behind?


OP,this topic has been discussed a million times.I don't see a clear question in your post.What exactly are you trying to ask?If you are asking about whether or not I will leave my BTC as inheritance to my children,then my answer is no.I don't have children and I'm not planning to have children.I'm not that rich so I won't leave a big inheritance.I guess that I won't leave any inheritance at all.
Everyone is free to decide whether or not to leave it's Bitcoins to his/her children or grandchildren.
Bitcoin should be treated as any other financial asset/form of wealth,so I don't see a legislative problem here.There's shouldn't be any obstacle for giving BTC/private keys to the successors.
Pages: « 1 ... 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 [141] 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 ... 475 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!