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2861  Bitcoin / Bitcoin Discussion / Re: Act to defend privacy or resign ourselves to its loss? on: June 12, 2022, 01:53:43 AM
First and foremost, regardless of reality, ideals are always important. Ideals make us go forward no matter the odds. They inspire us. They make us think outside the box, dream. They make us imagine, innovate, think and do beyond the limit. What used to be unimaginable and unbelievable were conquered, discovered, even surpassed because of ideals. Bitcoin itself is made out of ideals. Privacy, just like liberty, freedom, independence, equality, and so on are ideals that make us live and fight. Without which, we are no different from soulless automatons.

It's going to be a struggle, but, last I heard, privacy is still a fundamental human right recognized by the UN, the International Covenant on Civil and Political Rights, and countless other declarations. It is still defended by constitutions. Acts impinging on privacy are still frowned upon and remain appalling to majority of the people. So I believe there's no giving up on this.
2862  Economy / Gambling discussion / Re: The Pros and Cons of Bitcoin Gambling on: June 12, 2022, 01:18:07 AM
BITCOIN GAMBLING DISADVANTAGES
4.It is untraceable

What do you mean untraceable? If you're referring to Bitcoin, it is not. Quite the contrary, Bitcoin is actually transparent. Your deposit to and from your gambling platform of choice could be traced through the blockchain. But if you're referring to bets being untraceable, not really. Fairness among casinos are provable. In terms of sports betting, I guess there's no question about it. Your betting history is there.

Perhaps what you've forgotten about the disadvantages of Bitcoin gambling is that transaction fees could really be a pain in the ass. This is the main reason why gambling with altcoins with cheaper fees is a better choice. Aside from that, sometimes it is confusing gambling with decimals. This is where the likes of DOGE is an advantage.
2863  Other / Beginners & Help / Re: What's been your greatest challenge on BTT ? on: June 12, 2022, 12:46:15 AM
As far as my personal experiences are concerned, the greatest challenge has always been to be relevant and to be of value. This is probably not a challenge to a lot of users. They have vast knowledge on anything Bitcoin-related and could easily contribute a good deal in discussions. I admire them a lot. Unfortunately, I'm not like them, that's why almost every time I make a post I have to verify it one way or another to make sure I'm not just blabbering nothing. But this has been a wonderful challenge. It enriches myself.
2864  Bitcoin / Bitcoin Discussion / Re: Will Bulls Decide BTC is an Inflation Hedge & Charge? on: June 11, 2022, 01:36:59 PM
Things are getting more uncertain these days. There's conflict somewhere which could escalate further. The prices of goods and services are rising to all new levels. Fiat currencies are continuously devalued. The pandemic is still present. Production costs rise. Supply chains disrupted. People need more money today than ever.

Still, it's just a matter of time before the bull run that we've all been waiting for will happen. For now, just keep your patience and HODL. Buy more if you have some extra savings. This is buying season. There will come a time in the near future when we'll look back to this day and wish we've bought more. In these trying times, the call to take refuge in Bitcoin is strong.
2865  Economy / Economics / Re: Unusual Situation as Russia’s Ruble bounces back as world best per fiat currency on: June 11, 2022, 05:41:23 AM
Are American economists really baffled by this? Who are these American economists that the article is talking about?

Actually, this doesn't speak much of Russia's economy. Neither does it really speak much on the ruble. But this speaks a lot of how far Putin can go in order to make it appear as if the ruble is not falling down. There are extreme capital controls and other authoritarian steps that are currently being implemented by Kremlin in order to stop the freefall of the ruble.

Well, it's not so hard to implement knowing that power in the country only resides in a single person. But how long could this last? Surely, this isn't the sustainable way to have a working currency.

There's actually a similar discussion here.
2866  Economy / Service Discussion / Re: Questions about signature campaign and its rules. on: June 11, 2022, 04:46:39 AM
Question One

Question Two

The final decision must be coming from the company. But the manager must have a lot of input in the discussion knowing that he/she has more knowledge in terms of how campaigns in the forum usually run.

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Question Three
Signature campaigns are marketing campaigns. The companies are promoting their business in the signatures. Their business makes money.

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Question Four
The former I suppose, but visibility probably matters a lot as well, especially if it's sustained for a long period of time.

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Question Five
It hasn't been the measure of quality. There are myriads of reasons why a post is merited. Quality is just one of them.

Quote
Question six
A crime, not. Extremely annoying and therefore frowned upon, most probably.

Quote
Question seven
It highly depends on the quality of posts, but 7-day posting must be giving more visibility for the company than 3-day posting.

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Question eight
I don't think there is, but spamming could also mean making a number of posts with very short intervals. Not to mention that responding to a discussion oftentimes presupposes that OP as well as the other replies are properly read and well-taken into account, and an amount of research is done. Normally, a well-thought of and reviewed response can't be made in a matter of seconds.

Quote
Question nine
Best_Change doest like posts in gambling.

I don't know where you got this other than the fact that gambling threads are normally mega threads and BestChange doesn't want posts to be made beyond the 5th page, which they already consider as spam.
 
Anyway, a casino probably gains a lot lesser by being exposed in political discussions than in gambling discussions. So that's probably why boards and sections matter.

N.B.: I've never been a campaign manager. These are all opinions.
2867  Bitcoin / Bitcoin Discussion / Re: An analysis on how Bitcoin gets to 1 billion users on: June 11, 2022, 03:48:27 AM
I guess it is safe to assume that the rate of adoption is gaining acceleration and is therefore expected to speed up instead of slow down. The level of Bitcoin awareness has been rising. The level of acceptance is also rising. So there's no reason why the current 0.36% of the world's population that is into Bitcoin, which is still very low, will not double or triple or quadruple in size in just a matter of a few years.

The adoption rate of the first decade of Bitcoin is certainly not comparable to the adoption rate of the next decade considering that the former starts from scratch while the latter begins with Bitcoin's level of popularity already high. So Bitcoin will probably be facing a bigger influx of institutional and individual newcomers in the coming years.

The overall development seems to suggest that banks are more likely to bend rather than break. The people behind them won't kill for the sake of fiat. It looks like they are willing to adapt instead.
2868  Economy / Gambling discussion / Re: Sports Betting vs Online Casino Games: Which do you prefer? on: June 11, 2022, 02:30:18 AM
Your friend is probably jumping out of the frying pan into the fire. With casinos, especially with games such as the ones you mentioned, your only friend is luck. Slots and dice are RNG games. And although you can make use of certain strategies, the bottom line is that these strategies actually won't make you more profitable.

And he abandoned sports betting because in casinos he'd be receiving prizes in Bitcoin and the winnings are given instantly? These are also offered in sports betting platforms. I also don't know why sports betting is stressful. Well, if analyzing winning probabilities of teams and players is stressful, sports betting isn't really for him. But that's the thing that's actually needed if he is bent on making money from gambling. He can't actually make money in casinos.
2869  Economy / Economics / Re: Questions about Bitcoin's price formation on: June 10, 2022, 02:26:26 AM
Also, a lot of people that I talked to always referred me, beyond other factors such as market sentiment etc.., to the "supply" and "demand". I understand, and maybe I'm wrong, that "supply" are newly mined bitcoins that are put into the market, but what is "demand" ? Because it seems to be two kinds of demands : the exchange platforms demand, and the "original" demand for newly mined bitcoins.

In this respect, supply could also be understood as that which is available in the market and that which is provided for by the code, which is 21 million and will be released in a specific manner. As regards demand, is there such a thing as the original demand?

Bitcoin demand could probably be measured through exchanges because it is through these platforms where people mainly do their purchases, although these exchanges might not include OTC platforms where large institutional investors may do their buying.

There are blockchain analytics firms like Glassnode which measure Bitcoins available on exchanges. In a way, this could be used as metric for demand. After all, there's probably no Bitcoin sent to an exchange other than for selling. And trading is a zero-sum game. Somebody could fill one's ask order only if somebody else on the other end bids for it. The numbers provided by these analytics firms fluctuate probably reflecting demand, as well as supply of course. Large mining companies probably make use of these numbers as well in their decision whether or not to send newly mined Bitcoin to exchanges for selling.

But perhaps one of the best barometers reflecting demand is the price.
2870  Bitcoin / Bitcoin Discussion / Re: How do you educate petty traders in adopting Bitcoin? on: June 10, 2022, 01:45:19 AM
To be honest, these people don't have bank-related stress because they don't have bank accounts. But it's probably not because they are deprived by the banks of such opportunity but because they don't need it. They earn on a daily basis and also spend on a daily basis. Although they also have long-term savings, it is mostly spent down to the last penny after a year, or when that occasion they're saving for arrives. This is only my observation. I'm surrounded with this kind of people.

I'm not saying Bitcoin isn't for them, but if they intent to spend their savings after only a year, I'd rather encourage them to stay away from Bitcoin. But if they plan to keep their savings for many years, it is easy to tell them that Bitcoin is the choice. Not only will their savings most probably grow, they are also resistant to inflation and bank fees and all kinds of hassles involved with opening a bank account. You just need to show them the rise of Bitcoin's price through the years and they'll probably agree.
2871  Economy / Gambling discussion / Re: Length of Time Before You Learn All These Gambling Terms Or Jargons on: June 10, 2022, 01:08:19 AM
There are different terms and jargons that are used in gambling. Perhaps the latest gambling technical terms that I learned are those associated with sports betting like parlay and others. I learned them many years ago when I started sports betting online. Prior to that, I do sports betting only with individuals, person to person in other words.

On the other hand, there are also other gambling terms which I learned much later than the game itself. For example, I learned and play poker much earlier than I learned the terms such as turn or river or rainbow or ante. Before, I just knew the mechanics and the game without really knowing the jargons.
2872  Other / Beginners & Help / Re: Jay-Z and Jack Dorsey are funding a free Bitcoin education program in the US on: June 10, 2022, 12:41:24 AM
Don't their think that instead of using Academy they should consider using terms like Bitcoin seminar instead since it has a time frame of June to September, Academy is an educational institution that continues in practice.

Such a very trivial matter to fuss about. An academy is an institution to learn.

Is a 'bitcoin academy' necessary? Why the clamor to teach bitcoin all of a sudden. If someone wants to learn about bitcoin, there are a plethora of materials on the internet to get started already, and if that person is curious enough, then they will find out about bitcointalk forum and register here, and the learning process continues, people who sincerely want to learn about bitcoin, always find out about this forum in one way or another.

Educational institutions teaching about Bitcoin are necessary. There has always been a clamor for Bitcoin awareness, for Bitcoin education all around the world. Here comes Jay-Z and Jack offering free Bitcoin education program, contributing to the goal. Why does it seem that some are suspiciously questioning it? Are we not appreciating the fact that there are individuals who adopt a proactive approach in helping people become aware of Bitcoin? A lot of people, if not most of them, lack self-initiative. Oftentimes, a little nudging would help.
2873  Economy / Economics / Re: Italy Is Held Back by 2.6 Million People Who Have Given Up on Work on: June 09, 2022, 02:33:48 PM
I'm a little envious at this kind of people. They have the luxury to be picky when it comes to job. They could choose not to work if they don't like the job.
Exactly. It may not be the best for the country's economy, but as an individual, I'd love to have the (financial) freedom to only do what I really want.

I'm actually a bit puzzled by the figures shown in the OP. It's a huge portion of the labor force right there that could actually make a lot of change to the economy. It must be alarming when the majority of the available labor force are not seeking jobs. That's a lot of productivity lost.

On other hand, however, does this mean that they don't need jobs? Does this signify prosperity? Does this really mean financial freedom? Or is this a kind of a rising pre-modern mindset which prefers unproductivity over tiring or boring or bland jobs? It's something like, "I'd rather be unemployed than be of service 40 hours a week to a profit-oriented company."

Personally, I've noticed that there is indeed this kind of mindset. I myself would rather be idle than be working aimlessly 10 hours a day on a minimum salary in a toxic workplace with an equally toxic boss and workmates.

But for somebody to be able to take this luxurious stand, it must mean that one can eat three times a day even if unemployed. Should the government, then, be happy that her people have reached this level or be worried that the economy might end up unsupported?
2874  Economy / Exchanges / Re: Edge issues Mastercard without KYC on: June 09, 2022, 04:02:04 AM
It's still a bit thin on the details though. You would have to open an account with that company. What details do they require?, email?, phone number, name, etc...

The article says you only need to give your email address. That is enough for you to get access to the Edge app where you will sign up for the Edge Mastercard. I'm also amazed at how they managed to be AML and CTF compliant when it's just a mere email address that's required.

Anyway, this must still be good news all in all even though the 10 million merchants that are said to be supporting the service will not really be accepting crypto payments but fiat.
2875  Bitcoin / Bitcoin Discussion / Re: I saved myself from missing a Presentation with Bitcoin on: June 09, 2022, 03:31:27 AM
How about if you had hard cash? Then things would have been a lot smoother and quicker? What if either of you were on a low battery and could not transact with Bitcoin? Or what if you were in a specific spot where there is no signal? Or have left your phone?

Of course, it was a good thing that you both are into Bitcoin but I guess with the way things are, hard cash is always a good option especially if you are on a public transportation. I think cash is still the king today. You've got to have some at all times.
2876  Other / Beginners & Help / Re: hey i am new here on: June 09, 2022, 03:02:08 AM
I think you need to specify the kind of product you're going to sell and which cryptocurrency/ies you would be accepting as payment. The Marketplace is generally where you could offer your crypto-related products in exchange for Bitcoin. Or if you are selling any non-crypto items, you could post it in Goods. You could also further specify it as Computer hardware, Digital goods, or Collectibles.

But if you are offering products or goods in exchange for Ethereum or Litecoin or other altcoins, then you could offer it in the Marketplace (Altcoins) section.

But you would really have to specify your product because it could also be a gambling bot or a trading bot or whatever.
2877  Other / Beginners & Help / Re: Creating a prepared mindset before the reality emerged. on: June 09, 2022, 02:30:10 AM
And what is a millionaire/billionaire's mindset? I guess I'd be happy if a lot would learn to adopt the investor's mindset, the greedy-when-others-are-fearful mindset. It seems that a lot of emotions are invested in the market right now.

Anyway, more than this millionaire/billionaire mindset which is actually very risky, what people should be accustomed to with the advent of Bitcoin is freedom. I guess we still have yet to develop in us that independent-from-the-banks mindset. I guess many failures in Bitcoin safekeeping stem from the fact that we have yet to successfully internalize the we-are-our-own-bank mindset. Many easily forget the implications and responsibilities of becoming their own bank.

For example, they got into Bitcoin but kept their funds in a custodial wallet. Or they kept their funds in a hardware wallet but stored the seed phrase in a cloud storage. Our mindset keeps returning to the old thinking that somebody is safely keeping precious things for us. That has already been changed with Bitcoin.
2878  Economy / Economics / Re: Italy Is Held Back by 2.6 Million People Who Have Given Up on Work on: June 09, 2022, 02:00:36 AM
A lot of these issues could probably be fixed by making jobs actually seem more attractive to workers they want them to be filled by.

Do you mean to say these idle labor force could be enticed to work and be productive by presenting available jobs that they are really interested of having?

I'm a little envious at this kind of people. They have the luxury to be picky when it comes to job. They could choose not to work if they don't like the job. Where I am, even college graduates end up working as store cashiers for lack of better opportunities.

Anyway, as per the article, this might be more than the "usual issues of matching supply and demand." It is actually intriguing that this is being branded as "a problem of mindset.” I'm interested to know what this specifically means.
2879  Bitcoin / Bitcoin Discussion / Re: Will countries ban Bitcoin mining due to environmental concerns? on: June 09, 2022, 01:25:40 AM
To clarify, if I'm not mistaken, the bill does not call to ban Bitcoin mining. I guess the word ban is not apt at the very least, a FUD at most. The bill simply calls for a moratorium. The moratorium will last for two years. Moreover, the bill only applies to certain Bitcoin mining operations, those that use electricity coming from nonrenewable sources. Those Bitcoin mining operations that use green energy shall be allowed to continue within and beyond the 2-year moratorium.

Anyway, I don't believe that there will be a worldwide ban on Bitcoin mining.

That's right, NY explains that they have no intention of banning Bitcoin mining. This is a 2-year suspension for the issuance and renewal of the fossil fuel use. It's still legal to mine bitcoins with other energy. This rule does not affect miners (<20 miners).
https://cryptoslate.com/lawmaker-behind-ny-crypto-mining-bill-clarifies-it-is-not-a-blanket-pow-ban/

As a matter of fact, it is still legal for all kinds of Bitcoin miners to operate until now. This bill, if approved and signed by the governor, will not ask Bitcoin mining operations to stop, not even those that are getting their power from nonrenewable energy sources. After all, the bill is not retroactive. It only prevents future mining farms using fossil fuels from getting licenses. It also prevents current farms from having their permits renewed as soon as they expire if they don't shift to green energy.

It seems this bill has been interpreted in such a way that it now grows into some kind of FUD. First, this is not a law yet. Second, even if it is signed into a law, it doesn't ban Bitcoin mining. As a matter of fact, even if signed into a law, Bitcoin miners using fossil fuels will still be allowed to operate provided they only have 20 rigs at most.
2880  Bitcoin / Bitcoin Discussion / Re: Will countries ban Bitcoin mining due to environmental concerns? on: June 08, 2022, 01:03:27 PM
To clarify, if I'm not mistaken, the bill does not call to ban Bitcoin mining. I guess the word ban is not apt at the very least, a FUD at most. The bill simply calls for a moratorium. The moratorium will last for two years. Moreover, the bill only applies to certain Bitcoin mining operations, those that use electricity coming from nonrenewable sources. Those Bitcoin mining operations that use green energy shall be allowed to continue within and beyond the 2-year moratorium.

Anyway, I don't believe that there will be a worldwide ban on Bitcoin mining.
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