Bitcoin Forum
June 07, 2024, 10:13:53 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 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] 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 »
2961  Economy / Gambling discussion / Re: You won today, but then you will lose often on: April 23, 2021, 08:12:11 PM
It is common thing in gambling to either luck to make you win or the gambling site will let you win by system.
I know that This is accusation but that is what comes to my mind since then , I love to win but also i accept to be a loser.

I have lose many times but i also win many chances , I am lucky? no but I know the discipline .
I don't think that the casinos'/websites rig their games on purpose. That's not the case, gambling itself is made in a way that the majority of its user lose, while only a tiny percentage may actually win.

It's based on chances, simple mathematics of probabilities, sometimes you win, sometimes you lose.
2962  Economy / Gambling discussion / Re: Do you limit your gambling time? on: April 23, 2021, 10:12:28 AM
I always limit my time to play gambling, because that is my way to prevent gambling addiction. The thing is I have a friend who is addicted
to gambling and whose life is ruined, I don't want that to happen to me either. Because I know that the longer we gamble, the harder it is
for us to control ourselves. Because if I already play games on the PlayStation, it's hard to stop, because every time I lose, I'm always
curious to win. And it can happen in the world of gambling too, If I do not limit the time I play gambling there is the potential to become addicted.

Basically  no matter how long you play gambling on each session wont make you addicted to gambling if you can control yourself. I also have a friend who gamble almost every single day but he is not addicted as he can start and stop it anytime anywhere as he wish. Addiction is the time when you cant control yourself, you do not know when to start and when to stop. As long as you know it, you wont be addicted. The same applies for video games such as Playstation. I myself also gambling almost everyday because of some competition, I'm not addicted obviously as I have a limit for myself. Limit for both time and money.
The same goes for me, I can't say I'm an avid gambler, I might play a few games every once in a while, I'd say 2-3 rounds each day or stop when I lose my bets or start getting emotional over my losses. I do play on an almost daily basis, but I am not in the least bit addicted.
2963  Economy / Gambling discussion / Re: Fate or lack of control - Gambling on: April 23, 2021, 08:26:56 AM
Belief in fate for me is just like a positive energy that can boost and have chances of winning and to focus on your gambling activity and should always remember how to control your lack and not should overcome in greed chasing your losses. Responsible gamblers will always be fine and far away from gambling addiction. Nevertheless, whatever it is, always be responsible for ourselves and gamble on what you can afford.
You can term whatever you prefer but ultimately by the end of the day you will be finding yourself with lack of control over your gambling. In the middle of gambling, we just need some reasons to continue and we are transferring that responsibility to our fate. But honestly that is really a lack of control over our gambling to stop and then continue after a break.

If you notice no one ask to stop you completely but suggesting you to take a break so that you will be finding different approach with your gambling. Taking break is very important so that we could approach gambling in different dimension which might bring changes in final results as well.
Believing in fate is something people do to justify their losses or mistakes, not only in gambling but any other aspect in life too, it's an easy way to abdicate for your mistakes/losses, that it is someone else's fault, not yours, it was fate that made you lose. Of course that's not realistic, but there are plenty of people who still believe in such a thing.

We might all lose control when gambling, it's just best to acknowledge when we do and proceed to take a break for a while, learn when we have to stop.
2964  Economy / Economics / Re: World risk - global on: April 22, 2021, 10:25:57 AM
The scale makes absolutely no sense. How do weapons of mass destruction have a lower impact compared to the pandemic?

Seems as if they just plotted a bunch of potential events arbitrarily along the axes.

It's interesting that they rank "asset bubble burst" as both a more likely and serious event compared to public infrastructure failure, though. Whilst the equities markets are indeed going to be very prone to collapse at such heights, it's barely even in the same neighbourhood of influence as if electricity suddenly went out worldwide.
I get what you are saying, but my guess would be that weapons of mass destruction (Nuclear bombs etc) can be avoided/stopped if such an event is close to happen while an infectious pandemic can hardly be controlled. Any measures to constrain a disease might be uncertain and won't have an immediate effect. Take SARS for instance, it is one of the successful attempts in disease control, although it still affected thousands.
2965  Economy / Economics / Re: World risk - global on: April 21, 2021, 11:09:49 PM
Well for me, --most of the climate, environment, science are actually the real risk we had to be ready for. As this is very much uncontrollable right away. Comparing it to massive destruction, proper negotiation, and avoiding international conflict could avoid, nature which won’t really give as much mercy if in case it happens. It would also affect all of the sectors we have on an economic basis massively. Resources being wasted, harvest being damaged and non-edible, properties being reduced to almost zero, and so on and so forth. The infographic somehow has a point and almost accurate. I really like how they did it and the evidence of having it studied is great.
It's definitely the most alarming issue, in which no immediate action can be taken against it to instantly stop it. All those years of irresponsibility and environmental negligence, wars, nuclear weapons and so on, not caring about the consequences altogether, has lead the planet to a point of no return.
2966  Economy / Gambling discussion / Re: Fate or lack of control - Gambling on: April 21, 2021, 08:38:01 PM
If there are gamblers who say their defeat is due to fate, it means that they cannot accept the losses suffered due to their own decisions.
Because our fate depends on our actions, therefore if we don't want to experience big losses when playing gambling. We must be able to
control ourselves when playing gambling, not to overdo gambling and get addicted. Actually experiencing losses in playing gambling is
a natural thing, because it is impossible for us to always profit when playing gambling. Or don't play gambling at all, if we are afraid of
experiencing losses when playing gambling.

Anyone trying to blame fate is just trying to shift blame away from himself and just wants to get sympathy as this was something that was happening to him no matter what this person did, and as you may guess this is not true, people need to accept the responsibility for their actions, if they do not do it then they are going to keep making the same mistakes many times and once they finally learn their lesson it could be too late for them as the losses they would have accumulated over that period of time will be too high.
I don't believe in fate, I believe in science, luck is simple algebra and probabilities, so is gambling, nothing to do with fate whatsoever. We're accepting the risk of losing our money when we're gambling, we know that there's a high chance we will, but we continue anyway. We are responsible for our own actions, if we end up losing money it's out of pure luck and lack of control.
2967  Economy / Economics / Re: World risk - global on: April 21, 2021, 07:48:40 PM
For those unfamiliarised, this is a risk quadrant depicting the world level risks. How important the risk is is based on how likely is to materialise (likelyhood or frequency) and how bad is it (impact or severity).

For example something that is likely to happen and is disastrous will be on the top right corner. Risks that are unusual but terrible would be top left. In the inforgraphics you can see how climate change is quite likely and has severe consequences whereas weapons of mass destruction are less likely and even just equally as bad.

Now, where would you place the risk of a bitcoin hack o network problem in your finances and in the world finances?


Great post, the diagram itself is very informative. It's quite depressing that the terrorist attacks have so high probability of happening throughout 3021. Quite a few others don't surprise at all, such as extreme weather, climate action failure or infection diseases (See Covid-19, and there are probably more to come in the future).

I would also add immigration crisis, if I am not mistaken, it's not in the chart, it was a pretty controversial subject throughout years 2019-2020, and it's an occurring matter as we speak.
2968  Economy / Gambling discussion / Re: BTC price VS gambling on: April 20, 2021, 08:02:28 PM
Everything is on the rise the past few months, thus any coin is "expensive" to use. I am still using Bitcoin for my gambling purposes, while sometimes I've also used Dogecoin, no other coins apart from these two.
Are you still using bitcoin at the moment on where the fee is almost $20? If you're rich then this situation wont really bother you but for most gamblers then for sure they would really be
that mindful when it comes to tx fee that why we do find out some alternatives rather than on spending those horrendous fee amounts.It is really hard to have these kind of situations
where fees are on the roof but somehow due to lot of alts that can serve out temporary mediums for us to play gambling we can still able to play as we like.
The essence of playing gambling might not be directly dealing with bitcoin but it isn't really bad experience at all.
I actually edited my first post because I had forgotten to add the fee issue, but hadn't pressed the update button. I'm currently using my BTC balance, which is from older deposits or earnings. Thus, I've limited any BTC deposits, due to the high transaction fees (And the high value which I'd like to preserve). I will be skeptical if I need to add balance on any gambling website.
2969  Economy / Gambling discussion / Re: BTC price VS gambling on: April 20, 2021, 07:23:07 PM
Everything is on the rise the past few months, thus any coin is "expensive" to use. I am still using Bitcoin for my gambling purposes, while sometimes I've also used Dogecoin, no other coins apart from these two. I'm skeptical about using BTC for any new deposits in casinos' due to high transaction fees. Currently using my balance, trying not to lose it since I can't afford multiple deposits.
2970  Economy / Gambling discussion / Re: Be a Responsible Gambler on: April 20, 2021, 01:19:48 PM
~
If you rely on the outcome of your gambling journey to pay your debt, that is wrong, but if you have a job and you are earning, then you can still pay your debt even if you are losing in gambling, that's the best thing to do. Debt should be paid, no matter how small it is, and of course, as long as you don't run from it, your lender would understand and both of you will make a settlement where you are both comfortable.
Or you could do the not stupid move of not gambling and just continue paying that debt, yes you want to have fun but if you only get your high with gambling then you are probably gambling. Even if you don't run from it, if you didn't pay it at the right time then your lender would probably see it in a different way.
What's the point of working in order to pay the debt when you are simultaneously gambling your hard-earned money, only to risk losing it again to an unhealthy addiction? If someone has reached such a point, he should stop immediately. He has already failed in controlling it, he shouldn't keep up with it anymore.
2971  Economy / Economics / Re: What is the purpose of (fiat pegged) Stablecoins? on: April 19, 2021, 04:19:13 PM
Do exchanges use stablecoins to make transfers that would otherwise be too difficult/slow through the banking system?

I don't know about exchanges, but traders use it, and A LOT!! That is certainly one of the main reasons stable coins exists.

Quote
I frequently hear people describe being long bitcoin as being short the US Dollar, and that gold, silver and other precious metals are better stores of value than USD because their supplies are difficult to increase. Every stablecoin pegged to the US dollar is subject to the same level of inflation, so your Tether essentially sits on top of a digital fire that burns away 2% of the value every year. Isn't the entire crypto ethos centred on the idea that the asset/currency's value/supply is *not* influenced by a centralized government? Is this not why bitcoin is inherently deflationary?

People also use Stablecoins when they live in a place where it is very expensive or difficult to buy USD directly.

For example, anyone can make an account in Binance and buy 100,000 USD (less than 2 BTC) in binance. But it is not easy to buy 100,000 USD in a country from latin America. There is a LOT of paper work and taxes and fees to pay.

And yes, ofc USDT has the same inflation of the USD.

Quote
To me, fiat pegged stablecoins almost seem like the worst of both the legacy and future banking systems, especially since there are so many different coins that are pegged to the same fiat currencies. That being said, they have massive trading volume and market caps, so I must be missing something. What do you guys use stablecoins for, and how long do you typically hold onto them?

I agree 100% with this. Stable coins are the worse of the banking system and the worse of cryptocurrencies.

Stable coins are centralized and they are risky also.
WHen you buy USDT you are basically lending money to TETHER, a private company. That company  promises to pay you back 1 USD for each USDT, but there is guarantee that will have the money to pay everyone. And the worse: You are lending money with zero interest rates.

That being said, stable coins are useful for making trades, transactions and also are a good gateway Local Fiat X USD for people who live in poor countries.
I had the exact same question but never actually made a thread or did any extensive research about it. I never understood their purpose, apart from being used in new coin pairs, something I've noticed with USDT and BUSD on Binance. Apart from that, I never really comprehend what they are for.
2972  Economy / Economics / Re: Flexible Work Schedule on: April 19, 2021, 03:09:39 PM
Internet quality is really very poor in many countries and therefore hinders the effectiveness of work. If a person works within the city center, while in the office, then the results will be excellent, but if you get home from the city, then the Internet speed is 2-3G
I haven't thought about this but I'd guess that's a minority. With such advanced technology I find it difficult to believe that poor internet connection is a thing, to a point that it could be limiting basic functionalities.

Unless we're talking about 3rd world countries, in which I find it hard to believe that the option of flexibility is provided.

err. USA here. shitty internet is the norm unless youre in/near a city. i cannot stream movies, zoom or dl large games (steam) for shit like 80% of the time. it takes literally days to a week for a steam game update. and btc node? i can only sync at night as it kills my inet dead.

so i couldnt work from home even if i wanted to, unless the company paid for starlink or something.

the internet in the USA is all greed and profit, companies could care less if internet is actually now a necessity for work and education nowadays.
Haven't realized that such a basic service is of low quality in countries (Or parts) of the USA too. That must be an extreme issue if other activities such as school, work and so on are conducted online. I've rarely had any issues with the internet in the past years in Greece, which was frustrating when others mentioned that something so basic in terms of technology is lacking in many countries.
2973  Economy / Gambling discussion / Re: Do you limit your gambling time? on: April 19, 2021, 02:29:54 PM
I'm limiting myself very much lately both because I am working like a maniac and also since I'm focusing only on sport; I'm basically betting only on the major European leagues. I miss playing dice a lot but I don't have time to concentrate on that at the moment,
It’s quite hard to limit gambling if were not busy, there were times I opted not to play but then I still play since there were some free time. So as much as possible I write activities to do to focus myself in other things other than gambling, I somestime put big mark of check whenever I finish a task to keep me stay away in gambling especially if I have other things to do, others do schedule their gambling but it doesnt work well with me especially if Im winning.
That's true, especially now with the pandemic and the quarantine measures, we have plenty of leisure time, thus it's easy to get tempted and start gambling, or spend a lot more time than you usually would. I try to keep myself from not spending more than a couple of minutes each day.
2974  Economy / Gambling discussion / Re: Do you limit your gambling time? on: April 18, 2021, 09:01:39 PM
I'm not a frequent gambler, I will casually play a few games throughout the week, with only a few bits each time. I don't spend much time when playing either, probably a couple of rounds, approximately 10-15 minutes at most, nor do I gamble with friends or any acquaintances. Thus, I've never been in debt (yet) nor do I had someone to help me control myself.
You are an example of being a responsible gambler.

Whether how long or short your gambling time, you should be able to control yourself and never put yourself into a problem by loaning for gambling.
I don't view gambling as a way to earn money, I highly doubt that there are people making money from this. I believe that an average of 95% of us will end up losing money, while only the 5% at most will end up making a decent profit. Gambling is made in a way that we are doomed to lose, not because the games are rigged whatsoever, but because we are humans and will end up getting emotional or greedy.

Thus, I try to limit myself into putting only a little money on it, while not spend so much time that it consumes me. A few minutes ago I lost a bet, not much to be honest but was enough to make me stop for the day. Might try again tomorrow.
2975  Economy / Economics / Re: Flexible Work Schedule on: April 18, 2021, 08:04:48 PM
It is true that working at home will make you comfortable. At home but can still make money only need a computer or smartphone. You can run and handle good jobs remotely without going to the company. What I care about is the quality of work, not interested in what you do. It is not necessary to go to the company and work on 8 hours, it is effective. As long as you flexible handling good jobs don't need you to spend a lot of time but no quality.
Not everyone can work from home and there are some cases or situation doesn't suitable for people working. Here in our country, one thing that will prevent you for doing what you do and make the best thing you can do in the project is the poor internet connection. I agree with your point; I think people need to go to work if they think that it's the best option for them. In other point of view, if you're done with the task you can do other things, save time and money for transportation and you can avoid getting the virus.
Internet quality is really very poor in many countries and therefore hinders the effectiveness of work. If a person works within the city center, while in the office, then the results will be excellent, but if you get home from the city, then the Internet speed is 2-3G
I haven't thought about this but I'd guess that's a minority. With such advanced technology I find it difficult to believe that poor internet connection is a thing, to a point that it could be limiting basic functionalities.

Unless we're talking about 3rd world countries, in which I find it hard to believe that the option of flexibility is provided.
2976  Economy / Gambling discussion / Re: Be a Responsible Gambler on: April 18, 2021, 05:38:42 PM

Important Note : If you're jobless don't get into gambling, I'm an example. I don't have a job, and that's the reason I wasn't able to keep me deviated from gambling. Hope this helps someone.

Thank You
Not Unless you will Rob a Bank or Scam other people there is no way that a Jobless can still gamble . So this advise is clearly not the one we are talking here.

I was a Active or better called Addicted gambler in the past but i never did gamble whenever i have no Job or at least stopped from my Work.
You might have some money aside and think of gambling as an investment, a way to double/triple your money. OP suggests to not gamble if you have no other income, because if you lose, you are basically screwed and left with nothing.

Back to the subject, I've been through quite a few psychological/mental issues myself to know that none of them are worth to end your life, seek help from a professional and stay away from gambling, it's guaranteed to make you lose. I've seen it myself, thus I only gamble small amounts that I've mostly deposited from signature campaigns or old wallets which had a few bits in them.

Good luck and be safe, if you need someone to talk to, you could msg me. Sounds cheesy but I'd listen.
2977  Economy / Gambling / Re: ▄■▀■▄ 🌟BITVEST.io🌟 💰WIN BY 🔶PLAY 📈INVEST➡🔺🎲🎰🔲 | BET CONTEST ▄■▀■▄ on: April 18, 2021, 10:03:33 AM
this is cause me to become concerned if it's a racism just because I'm Asian

I'm Not sure what do you mean by this but I believe that Racism was not existing in gambling community , Because this community talks about Money and all gamblers are Money in the eyes of  Management so how come that you bring this Idea?

Not unless you are Just spamming the chat and at some point is Not really a Player instead only seeking for Tips from other gambler then i guess that can be a ground of your Chat deleted or even banning.

But as Long as you are acting Good and no Hassle , i guess there will never be an issue.

Mind Putting the conversation here so we can find what you told us ways of bans?
i appreciate your opinion, I would like to ask you a question, are interests directly affected by racism?
Not at all, Because iN gambling there is only one thing that matters , and that is Interest In MONEY .

So no matter what country you live in as long as the site is gaining from your gambling activities , You are a ASSET for them.

But if you are only Lurking in the company but No benefits at all, Then you will be Consider as LIABILITIES and Yes you will be throwing away. "Sad But TRUE"


https://prnt.sc/11kzgi4
i love Bitvest, it is so perfect and always makes me excited every time I join, because I give so much emotion to this place so any weirdness or racism will make me feel very confused.

I've seen that incident in quite a few gambling sites, just ignore it and move on. No point of arguing with this kind of people. It's not like it's the administration to blame.
2978  Bitcoin / Bitcoin Discussion / Re: Bought my vitamins with Bitcoin on: April 18, 2021, 09:14:28 AM
yesterday I read that buying a Tesla car can use bitcoin and atm bitcoin is already in big cities now buying vitamins can with bitcoin proves that bitcoin is advancing in the real world yesterday bitcoin is only limited to digital currency and is not accepted in the real world and some even claim bitcoin banned in some countries maybe in the future bitcoin will be accepted in all countries.
Buying a Tesla with Bitcoin is supposedly a thing, I wonder who will ever buy one with BTC though, so are the ATMs, they have started popping up in every corner, even in smaller countries. However, OP here is mentioning that the seller of the vitamins was a friend, otherwise he wouldn't have bought them with Bitcoin.

We are not even close to having BTC as a payment processor, due to its fees and its high value.
2979  Bitcoin / Bitcoin Discussion / Re: Bought my vitamins with Bitcoin on: April 17, 2021, 11:29:03 PM
It's an interesting position that you can actually spend your BTC locally, I've never encountered this here to be honest. However, I wouldn't use them anymore, due to its high value, I'm sort of comparing it with a valuable asset like gold. Furthermore, I actually kind of regret spending Bitcoin as a form of payment in the past.
In my opinion, as long as I can make purchases using fiat, why should I use bitcoin which is actually much more profitable as a very valuable asset which in my opinion exceeds gold at this time.
and other reasons in the country where I live, bitcoin can only be used as an asset or investment and is not allowed or not available as an alternative payment method, except for conducting transactions in secret.
and I will only use bitcoin as a transaction if it is legal and available in shops and others in the country where I live.
and for now it will only benefit those who sell bitcoin using bitcoin and of course those who receive it will save it for resale when the price goes up.
That's my point, if I can buy it with Euros or whatever, what's the point of spending something so valuable like Bitcoin? I view it like you're paying with a fraction of gold. Would you want to do that? I wouldn't, but that's my choice.
2980  Economy / Gambling discussion / Re: Do you limit your gambling time? on: April 17, 2021, 07:06:35 PM
This is about how do you make sure that you are gambling in full control. There are many people who are easily brought into gambling beyond fun and that is a problem for them and also for the gambling industry, because it is for them that there are limitations in many countries.

Do you actually...
- Have a weekly budget to play and do not ever go over it?
- Not ever get in debt for gambling?
- Have an allocated time for gambling and never exceed it?
- Gamble only socially with friends of relatives?
- Have someone helping you control your gambling?
I'm not a frequent gambler, I will casually play a few games throughout the week, with only a few bits each time. I don't spend much time when playing either, probably a couple of rounds, approximately 10-15 minutes at most, nor do I gamble with friends or any acquaintances. Thus, I've never been in debt (yet) nor do I had someone to help me control myself.
Pages: « 1 ... 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] 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!