|
19 - NeuroticFish
Thank you for the raffle!
|
|
|
|
How do you (personally) decide when Bitcoins are a buy? - gut feeling, just DCA to a certain amount, only buying below 25,000 or ...?
I will start with the fact that Bitcoin value is different (and imho way bigger) than its price. Now, to your question. I don't really buy Bitcoin, my accumulation "scheme" is to sell less or more from the coins I earn (from signature campaign or other tasks). So I sell less, pretty much based on my gut feeling and the needs of my household (for example last week I couldn't save anything, but a couple of weeks ago I've saved the full amount of the signature pay). Of course, in crypto winter I try to save more. |
|
|
|
people are starting to realize the benefits of bitcoin and the freedom it offers. because even today the local currency is affected by inflation and subsequently by a recession as the value of the euro continues to decline towards the dollar.
It would be overly nice if this would be real. But unfortunately it's not. People are far from realizing the full benefits of Bitcoin and most of the few who are interested in bitcoin are only in for the profits. I wish that people would start realizing how evil the fiat is, I wish that people would realize how important their freedom and privacy are. But sadly we're not there yet. The "going up" was just a small and normal fluctuation, that's all, unfortunately. |
|
|
|
And you won't have someone accepting Bitcoin in a town where there are only two bitcoin users, so this is why big cities win all the time.
Yeah, this pretty much sums it up, however, as The Pharmacist mentioned, it's not normal that also the online services are extremely limited yet. And we're back to the electric car dilemma, there are no electric cars because there are no stations to charge them and there are no stations to charge electric cars because nobody is buying electric cars.
You're correct, although the electric car dilemma is a bit more complicated (people may be willing to even charge it at home and would buy if the battery would be big enough for get them to wherever they go for holiday) and it's also somewhat handled by EU (by giving out shitloads of money to set up charging stations) |
|
|
|
Is it possible that we can run our household expenses with gambling ?
I am asking for those people who don't have any skill or job ?
You've completely misunderstood what gambling means. You've read this or that and thought you've found the goose with golden eggs. No, you didn't. Most of those writing earning scenarios want you to play under their ref link so they can earn. So, if you have some money you want to throw in and try your luck now and then, that's perfectly fine. That's gambling. If you want to earn by gambling you can easily lose money you didn't afford to lose and get into troubles/drama. That's a big no. |
|
|
|
Do you have access to online retailers, and in particular ones that accept bitcoin? There aren't even many physical businesses in the US that accept it--that pizza shop and the computer place are kind of anomalies, but online is a different story.
There are a few online stores, but they're only selling IT&C stuff. There was a car retailer, but I think they've given up (and buying a car with 7% premium is a bit much). I guess that could buy pizza if I'd live in the capital city - a couple of hundreds of km away  I would love to use a LN wallet instead of a crypto card, but we're not there yet. I do expect, however, the things are somewhat different in US, still, US covers a huge lot of land and, again, you cannot compare a small town with a big city. |
|
|
|
and would lead the reader to believe that bitcoin can't be used to purchase things
The problem is that the world is not America, the world is not western Europe, the world is not the bigger cities ... you got the idea. In many countries there are so few places you can actually pay with bitcoin they almost don't deserve to be mentioned (they do, but they're, again, painfully few). Even more, they use payment processors getting pretty high fees over it (so high it's cheaper to use ATM and convert to fiat first). I know, the things are moving in the direction of getting to pay directly with Bitcoin, but slowly and... not where I live / I need it. And don't get me wrong, I did pay with bitcoin directly for goods and services. But the list is so awfully small...  |
|
|
|
Perhaps because investors and speculators spend money on the gold market to protect their portfolio and aren't really looking to make a high return on investment. For exemple I did but I will be happy even with 0%. Weird but true because even with 0% I win.
While with the crypto market, they're looking to make a 'big' R.O.I. I would say it's a different audience or a diversity (a golden rule while investing)
The thing is with the crypto market, we're including the capitalist system and all the problems that come with it. The same problems that the cypherpunks criticized decades ago. Hence the creation of various alternative currencies (as you know Bitcoin is not the first). So people blame capitalism but reproduce the same errors with the decentralized finance. People claim for a decentralized currency but use every thing centralized (exchange platforms, custodial wallets, BTC cards and everything else). I find it harder to find "true bitcoiners" compared to some years ago
With the gold market, it's rather difficult to jeopardize the market. I don't know.
I don't think that the speculators' expectations (a ROI) matter that much. I mean that nobody (from those invested in) would mind if gold price skyrockets. But it doesn't. I think that the fact the market is young and not properly regulated everywhere (allowing market manipulation) do create this volatility. I think that the even younger businesses (and scams too) relying on Bitcoin price - altcoins (yes, let's not fool ourselves), DeFi, whatever - do affect the volatility big time (just remember Luna buying, and also Luna crash). I think that this kind of things are related to the volatility, not speculators' wishes. I expect though that in the future it will be shifting though from a very volatile asset to a more traditional store of value, where people won't have to wait for 4 years to be pretty much certain they're not losing. But it can't happen until Bitcoin is massively adopted. When I say massively I mean much more than a dozen of countries and institutions. And nowadays, people are rarely interested to use BTC for real use cases. All they want is to join Binance, to be KYC'ed as soon as possible, and to make the most as they can. Even if they need to buy an altcoin full of non sense Indeed, here we're on the same page: this can happen only when it's widely adopted, also meaning that big corporations and banks will all be heavily invested into bitcoin. But I think you're overrating trader-gamblers who are risking their lunch money to get some more pennies. |
|
|
|
I agree, you should explain a bit better your case.
While OP indeed didn't really explain his problem, it's a known one: there are many users whose winning were not paid by that casino, just look for the feedbacks, flags and complains already existing. Still, unfortunately people come to write onto bitcointalk only after they've god scammed. And they don't read the feedback already existing here. And, from what I've heard, the casino has filled the internet with (fake?) positive reviews, so their real face is basically visible only here. |
|
|
|
Food prices are climbing. Partially due to the cost of shipping and transportation rising on fossil fuel overhead.
Well, electricity prices are also bound to continue rising in the near future. From what I know, at least in Europe, a big bulk of electricity is generated from natural gas (basically they've replaced one fossil fuel with another). So financially electric cars are no longer a great business now. And the rather long charging time + rather small number of km one charge holds make the electric cars okay only for those having one car for long distances and another card for the daily use. This is an old problem and won't be solved unless a much better battery system is developed (either much faster charging, like 1 minute for each 100 km added, either a battery that easily lasts over 1000 km). |
|
|
|
Have you seen any significant drop in gas prices in your area?
From what I know, in Romania the price has dropped some 10 eurocents (maybe even less than that) from the price we had some 2-3 weeks ago. But, also from what I know, the drop in the international prices for oil is seen here in the gas prices some 10-14 days later, so let's give them a little more time. Will oil drop even further, despite the ongoing war?
This is hard to tell, but I would expect that OPEC strikes some deals and adjusts the flow in a way the prices stabilize at the levels agreed (between the members of OPEC and big players like US). While they do want to earn as much as possible, they also know that if they ruin everybody, then they won't have customers on the long term. |
|
|
|
If OP can properly set up a cold storage (maybe with Tails?) it would be much better to move the coins to a new address, so the owner has a better chance to notice something is wrong. Disagree. By far the most likely way that these coins will be recovered is simply by the owner realizing their paper wallet is missing and accessing a different back up to move the coins. If you move them to a new address, then you completely prevent this from happening. If you want to move the coins so the owner notices something is wrong, then sending them back to the same address is the best option. Add in an OP_RETURN output as mentioned above if you feel life it. I think that you are overly confident in others' knowledge. The transaction to itself is a clever solution, I won't deny that, but I do expect some will only notice something is wrong if their funds are missing. On the other hand, I also expect most people don't keep duplicates of the paper wallet, maybe not even duplicate of the address for watching its content online. The truth is that the chances of finding the real owner are not great. |
|
|
|
Ummm, aici, sincer sa fiu, nu stiu, tehnic vorbind, daca pot face asa ceva. Cred ca sistemul de AWB difera de la companie la companie... Expeditorul coletului tau a trimis cu un serviciu (care nu era Posta Romana) care avea un AWB propriu... Odata ajuns in tara, coletul trece la curierii locali (in cazul nostru Posta Romana), care e posibil sa aiba un sistem diferit de AWB. Nu vreau sa vorbesc prostii, dar cred ca e o chestiune de incompatibilitate intre sisteme.
Nu stiu. Ultima mea comanda de pe AliExpress avea (de la inceput) un AWB (nu toate au, dar asta avea). Acel numar l-am putut urmari pe site-uri internationale de tracking si tot acelasi AWB a aparut in sistem la Posta Romana cand a fost momentul (in mod ciudat apare ca a fost trimis dintr-o tara din UE, desi acea tara a fost doar proxy, dar asta e alta treaba, AWB-ul a fost acelasi). Deci in anumite cazuri se poate. (nu am inteles acel bines) Loool am incercat sa scriu si eu in jargonul "tinerilor din ziua de azi" -- care nu mai folosesc termenul de "bine", ci spun "bines", care e un fel de mai mult decat bine. Analog, daca e ceva mai bun si decat acel "bines", termenul folosit de ei este "finesse". Am vrut sa fac o gluma, atata tot Vaaaai ce batran sunt.. nu am prins "tineretul" vorbind asa (de finesse auzisem, dar de bines.. nu inca) Ah, nu, Ma refer la poza pe care ai postat-o, unde ai confirmat primirea coletului. Ai scris acolo, de mana, NeuroticFish si data Si am observat ca avem scrisuri asemanatoare. Aaaa! LOL! |
|
|
|
With BTC finishing up in the green for the month of July, I'm pretty sure a lot of you guys are somewhat bullish now. And rightly so. I kinda am too. But here's the thing.. Do you guys think the momentum will continue enough for August and for BTC to form higher lows?
Although the charts are pretty for now, I am either pessimistic, or just slow. I don't expect anything good yet because I fear to not be overly disappointed if a new leg down happens. And by my calculations the crypto winter is not over yet. I genuinely hope that I'm wrong and we get back to better/more comfortable price range... but I don't feel we're safe/there yet. |
|
|
|
 2023 Grid Sorted... everyone is in!! I was away in the last few days and I was pretty much surprised nobody is talking about the drama from the drivers' "market". Thank you for clarifying how we stand  Do you have a double car for Ocon too?  |
|
|
|
It is a fact that people perceive Bitcoin &co as an asset class in which they can invest and get a return on investment. The higher % possible (why not I heard Santa is real) even if they need to buy the latest shitcoin of the week! Which makes cryptos behave following a speculative logic. If a market attracts investors, it becomes volatile, while if the market attract people with a real need, it won't be the same. Yes, still volatile but a lot lot less.
While I do agree that most see crypto as a speculative asset, I don't agree that the investors and speculators are the main reason for the volatility. Gold also attracts investors and speculators and the volatility is rather small. Similarly, Bitcoin cannot be considered a store of value as we cannot (for the time being) use it to buy goods or services.
Gold or art are investments seen as store of value, yet they cannot really be used to buy goods and services. The function of a safe-haven asset is to withstand a crisis without losing value. Did Bitcoin survive? Not really. In fact, you may notice that the market is increasingly correlated to traditional finance (the result of considering Bitcoin as an investment instrument).
The easier an asset can be sold, the more the chance it will lose value it's price will drop; I think that this is one of the reasons art and gold tend to look somewhat better when there's crisis. Whereas a store of value must be able to maintain its purchasing power over time. Where is the purchasing power protection for people who invested all their savings when the price was 60k, 50k, 40k, 30k?
Inflation is the role of central banks to regulate/limit/brake it. How do you want it to be the same with Bitcoin?
Bitcoin historically is great investment for long term - minimum 4 years period. I think that it's not a store of value yet though. I expect though that in the future it will be shifting though from a very volatile asset to a more traditional store of value, where people won't have to wait for 4 years to be pretty much certain they're not losing. |
|
|
|
lacks signal and analytical sections. As long as Bitcoin and altcoins are also important in trading
You kinda said it yourself: this is all about Trading. I see no reason to add more subforums, Trading Discussion pretty much does the job. Also I will add Speculation as a great alternative. Keep in mind, however, that if you want to do this for altcoins, Speculation (Altcoins) may be the better place. |
|
|
|
|
I guess that the bigger problem is not so much the lack of services, but the minimum amount they work with, especially as the fees for handling cards are, afaik, big (or bigger).
I've looked at BestChange website for EUR VISA to BTC and I've seen some options/exchangers. Unfortunately only one is shown to accept small amounts; BestChange lists it as minimum 10 EUR, and their FAQ tells about minimum 35 EUR, maybe you see with the support of that exchanger. I've never herd of them, I recommend you also read the reviews and decide for yourself... at least if you don't get anything better.
|
|
|
|
I would ask him this
I am not a journalist, so I don't have neither uncomfortable, nor historical or technical questions for him. I would ask him if he is all right. He is missing for long, so his health and safety is a matter of concern. And I would simply tell him "thank you for creating Bitcoin". |
|
|
|
The point is that we don't know for sure if the original owner lost the keys completely or just one copy thereof. It's not like physical cash, which if unclaimed can be reasonably assumed to be lost after a certain period of time.
+1 If OP can properly set up a cold storage (maybe with Tails?) it would be much better to move the coins to a new address, so the owner has a better chance to notice something is wrong. And after some more months, if no "proper owner" emerges (who can sign a new message, we all know the drill), the OP can see what he will do, even donate those bitcoins. |
|
|
|
|
Show Posts
