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3081  Bitcoin / Bitcoin Discussion / Re: Bad Experience in Bitcoin Peer-to-Peer in CEX. on: September 28, 2023, 03:37:25 AM
Im sorry for your experience. Centralized trades function like this, friend. Now you see why centralized systems have frequent unexpected abruption. The price decline may have made buyers worried they would lose money immediately if they bought. Your experience is like many who left things behind and felt ashamed and let down.

And to be honest, I buy and sell Bitcoin P2P on Binance without any issues. Maybe you should check out other platformd, pal. You shouldnt have to stress over a broken instrument in an emergency. They clearly dont want to buy when prices drop. They're cautious to avoid losses.

Switch your platform, friend, and regain your confidence and control in transactions. This event shouldnt make you lose interest in bitcoin.
3082  Bitcoin / Bitcoin Discussion / Re: What will you do if your country did not legalize cryptocurrency? on: September 28, 2023, 03:13:03 AM
Bitcoin is a very useful thing to many people. It has provided very good opportunities, job opportunity, trading opportunity and lots more for many people to earn money for their essentials of life. Bitcoin halving is fast approaching, giving many people hope of investment, and making reasonable profit at the end. Yet in some countries it is completely illegal. What will you do if you are a fan of bitcoin but your country did not legalize cryptocurrency?
Any problem or task can be solved in different ways. Often, several. It is difficult for me to give a definite answer at the moment because the legal status of bitcoin in most countries remains unknown. How will I proceed if bitcoin is not legalized? Now I can only speculate, because I prefer to solve problems as they arise.

Here are some possible solutions:
- continue to use the bitcoin despite this, because it is almost impossible to track it unless you convert btc into a traditional monetary system and maintain confidentiality measures.
- move to another country that is more cryptocurrency-friendly.
- don't use the bitcoin in the host country, but when traveling to bitcoin friendly countries, use it. That is, use it periodically and where possible.
It looks like you're getting lost in "what if" and "maybe". These ideas are nice, but they're not really one-size-fits-all. You could pretend to be a sneaky Bitcoin user, a digital nomad looking for a Bitcoin safe haven, or a user who only uses Bitcoin when they move to Bitcoin-friendly areas. They made some smart moves, but each one came with its own problems.

Worrying about the unknown legal situation is normal, but lets not get too far ahead of ourselves. Bitcoin is still moving forward for now. Its always a good idea to have a plan (or three), but lets not worry just yet, shall we? Do not close your eyes, do not rule out any possibilities, and be ready both good and bad opportunitues. You never know, Bitcoin might turn out to be good for you
3083  Bitcoin / Bitcoin Discussion / Re: Having the knowledge of bitcoin without having bitcoin is a waste on: September 28, 2023, 02:46:22 AM
No knowledge is a waste. If you have the knowledge about bitcoins but do not yet have the money to buy bitcoins, it is still not a waste. If you cannot buy bitcoins today, you will be able to buy tomorrow, what is required is patience and planning. When you have knowledge about bitcoins, you will be able to properly keep your investment in it safe when you finally have the money to invest in it. The knowledge you have gathered even before you were able to get your bitcoins will be important in safeguarding what you have gotten.

I agree. Knowledge is the ultimate currency. Even mightier than Bitcoin. But unfortunately some people do not have the compatible "wallet" to store that kind of "currency". And that is why a lot of these double digit IQ'er prefer fiat over Bitcoin and sooner or later will regret it. In other words some people are not invested in Bitcoin already due to a lack of knowledge rather than imaginary shortcoming of Bitcoin itself. And those kinds of people are currently sitting on their in perpetually in value decreasing fiat money. But eventually everyone no matter how slow, will find a way to Bitcoin.

Everyone will meet Bitcoin one day. I can summarize the situation as follows. For now, the money of those who prefer fiat money to Bitcoin is melting away against inflation every day.

What you say about information is very valuable. Because for a person who cannot buy Bitcoin, knowing about Bitcoin will take him one step forward because he will see what he should invest in and its potential.

Knowledge means power because the knowledgeable one is in the right place. He makes his choices within his knowledge. I'm not saying you won't make mistakes and everything will be perfect, but I'm saying it will be more advantageous than the uninformed.
Everyone, indeed everyone, will cross paths with Bitcoin one day. Your perspective is great, in a world where fiat money is losing its value, Bitcoin is every hope. It is indeed a shield against the relentless inflation that decreasing the value of hard-earned money

The importance of information cannot be overstressed. Those who cant buy Bitcoin now, they should at least arm themselves with knowledge about it. Knowledge about Bitcoin's potential can prepare one for future investments. Knowledge is not just power, it is a light that illuminates the path in the dense forest of financial choices

But yes, having knowledge doesnt mean one will not make mistakes, but it indeed places one in a more advantageous position than the uninformed. Your insight is a contribution to the information pool and will surely help many in making informed decisions. Cheers to a future where everyone will know and perhaps own a bit of Bitcoin
3084  Economy / Gambling discussion / Re: Best Practices for Staying Safe When Gambling on: September 27, 2023, 05:04:11 PM
Setting up a budget in gambling has been the primary advice nowadays, however, this is easily forgotten by gamblers when they already started gambling. The thing is, what they really need is control over themselve. Maybe because of the adrenaline rush, or they really let their greediness overcome them until they no longer have any money in their pocket or as long as they have the money, they will continue to gamble as they can't control themselves anymore.

Setting up a budget isn't hard to do but most gamblers think they can control themselves and that's their mistakes because the brains release more fell good dopamine when gambling and that it becomes very difficult to stop gambling. Setting up a budget can be achieved by only depositing the amount you want to use for gambling for that day and don't top up if you run out of money to use and play more because it means you're over betting and that's not a good practice.

When you do this always, you'll develope the discipline to stop gambling when you have lost all your deposit for that day and if this habits continues, you'll begin to lose interest in gambling as you gamble less and turn your attention to other activities that'll benefit you.

A budget is essential, yet many people think they have it all under control. Faith in self-control often causes problems. The brain releases feel-good endorphins when gambling, making it hard to quit.

Depositing only the amount you want to gamble is good advise. Its about setting and always following limitations. Losing is losing, so walk away. This practise will develop discipline and may allow people to try other, more enriching pursuits, as you suggested.

Your perspective on acquiring discipline and losing interest in gambling as people gamble less is valuable. It emphasises habit and conscious behaviour.
3085  Economy / Gambling discussion / Re: Gender in Gambling [differences between Women and Men in Gambling] on: September 27, 2023, 04:46:07 PM
So here the most important thing is that there is no problem if gambling is carried out among women if they can control their thoughts, are disciplined and responsible when carrying out these activities and can bear all the risks they will face from their gambling activities.[/left]
I think anyone who plays gambling must have taken all the risks when they started entering the casino. No matter male or female, when they create an account at a casino and start gambling, they must be prepared for failure.
Regarding men or women who spend more money at the casino, I think it's all the same. When you have enjoyed the game, no one can actually control or force you to stop before you feel satisfaction.
We have a few female who are addict gamblers and at that will do what even they male counterpart will not be able to do,  so for that I will say that the ratio between male and female gamblers may not be that wide.

Although when you talk about the total number of male in gambling,  it may be higher than that of females since the male forks are the ones that take all the risk,  but then also we must have to go further to say that,  the level of involvement depends on the ability of the gambler to sustain the tempo.
That's what I read in this topic, these last few dozen posts clearly indicate that these posts are written by men.  And therefore this is a male view on the issue of women gambling.  For purity of opinion and objectivity, of course, you need to know the point of view of the women themselves.  Of course, everyone admits that there are still fewer women gamblers than men.  But it is also important to reliably find out the opinion of women because the nature and direction of conversations and discussions of gamblin g in the women’s campaign differs from conversations in the men’s campaign.  I think, but I’m not sure, that in women’s campaigns, friends are simply often embarrassed to say anything at all about gambling simply because it is considered a man’s business and too rude and primitive.  Conversations in the women's campaign are conversations on other topics about all sorts of beautiful dresses, outfits, jewelry, makeup and who looks like, I think that it is simply not customary to mention gambling at all.
Understanding women's gambling perspectives is important. Gambling has always been male-dominated, but times are changing. Its critical to provide a setting where women feel comfortable discussing gambling, even though their talks may differ.

The idea that women's campaign dialogues are just about dresses, makeup, and jewellery seems restricted, no? Gambling interests and opinions vary among women and men. Remember that healthy gambling may be pleasant for all genders.

Lets urge women to speak up about gambling to make it more inclusive and diverse. Everyone has a distinct viewpoint on gambling, and we should definitely listen to women. Make the discourse inclusive, welcoming, and open.
3086  Economy / Gambling discussion / Re: Advice when you are going a bit far in gaming and betting on: September 27, 2023, 04:26:19 PM
Many people have misconceptions about gambling, often fueled by social media. When losses occur, some try to chase their luck, potentially leading to addiction. Responsible gambling involves setting limits and knowing when to stop, even if it means playing for fun with what's left of your bankroll. Self-awareness of the risks is crucial.
It is their own fault that they did not find out about gambling but immediately registered themselves in a casino and played many gambling games. They chase wins by playing gambling games using lots of money. They don't realize that this will only trigger more losses but they don't want to stop if they haven't won. And many of them don't stop even though they have won. For this reason, we must try to be responsible gamblers so that we don't lose a lot of money when gambling and avoid gambling addiction problems. Only self-control can prevent us from going too deep into gambling and reduce the losses we will receive.
Well, I personally believe that there is no way some one will just wake up one morning, get online and register him or her self on a casinos and start gambling right away, it's unheard of and practically impossible if as I said.

Every gambler today will tell you they didn't all of a sudden started gambling, they either were introduced to gambling by someone, or they themselves have hug around gamblers for a while, learnt some minor or major things about gambling and after awhile, they decided to try it out..
I've never heard or seen someone who just woke up one morning and then registered him or her self to gambling without first know what gambling is all about.
People rarely wake up and start gambling without a push, pull, or nudge from others.

Gambling is a learned phenomenon, for sure. Before entering this, people learn about the thrills, perils, and techniques. They're introduced by friends or hang out in forums, chats, and communities, soaking up the stories, successes, defeats, and enthusiasm before diving in.

As always, knowledge rules. Learning the ropes, regulations, and risks and rewards is good. Thus, their gaming experience is about choice, control, and fun, not just chance! Let's keep it happy and healthy.
3087  Economy / Gambling discussion / Re: benefits of having mature accounts at 3 casinos (personal experience) on: September 27, 2023, 04:07:30 PM
~snip~
This is so me!

I dont mind much about VIP system or whatever benefits that you would really be able to get on playing gambling.I dont mind about those progress bar would be increasing as long i do continue to play
basing up with my balance and never ever trying to chase those vip ranking and its benefits because im wary about the reality of gambling on which it is really that something that would really be
pushing you past into your limits if you do have that kind of intent or idea in mind on which you would really be going past with your limits and this is something
that should be avoided in the first place.

Dont make yourself that impulsive if you dont like to mess up your life by gambling.3 casinos gambling account? Only 1 should be enough i would say.
That's also what I always think about, not chasing the VIP level and preferring to gamble as usual with the budget I have prepared. I feel that is the best thing I can do to avoid gambling addiction or other problems that might arise after gambling. Besides, it was just gambling where I wouldn't always be able to win so I didn't feel the need to gamble too aggressively. By playing gambling as usual, I enjoy it more and will not try to recover from losses or chase wins, especially to get that win, I can't get it easily. If they want to pursue 3 gambling accounts, with each getting a VIP level, they will have difficulty and may experience gambling problems. So it's best for us to always avoid these problems from arising.
Always maintain perspective and balance. You appear to be careful about playing within your budget and not chasing VIP status. Smart move! Gambling can engulf you and make you forget your bounds. Your approach demonstrates sincerity and grounding. That's essential for game enjoyment without addiction.

Now, everyone adores VIP levels and their privileges. Who wouldn't? However, you're right to value your health and enjoyment over VIP status. Your careful gambling method is something everyone can learn from. You're gambling for enjoyment, so remember that. When it gets boring, walk back. Play safely and enjoy the game!
3088  Economy / Gambling discussion / Re: Lotteries and possibility vs. probability on: September 27, 2023, 03:55:14 PM
~snip~
Its impossible that people who do make out bets on lotteries arent aware those odds which it is really that close to impossible but we do really know that
it isnt something that would really be stopping them on making out bets despite of those numbers on which it is really just that a very common approach to have
Probability and possibility? Everything would really be that slim and we know that it isnt something guaranteed that you could really be able to hit it even if you do make
that lifetime kind of betting into it. lol
People who place bets on the lottery realize that the odds are almost impossible because they have to compete with other people, and it will only depend on each person's luck. And if someone buys more lottery tickets, he has a bigger chance than someone else, but it still comes down to luck. But we know that there are people who can really be lucky in the lottery game, and he also doesn't have many lottery tickets, but he can be the lottery winner. Perhaps some people will keep buying lottery tickets for the rest of their lives because they hope to win the lottery game.
There's a fascinating psychological component to this, you know. Hope and the attraction of possible benefits, even if they are statistically unlikely, are what motivate humans by nature. In many respects, the lottery appeals to this primal human need. When someone learns about someone who won with just one ticket, it feeds into their notion that "it could be me next time." The excitement, the dream, and the what-ifs are just as important as the money. Indeed, purchasing additional tickets does theoretically improve one's chances, but the aggregate likelihood is still extremely low. But isn't life in general a lottery? In friendships, careers, and love, we take chances every day. That human tendency to hope against all odds is seen in the lottery as well
3089  Economy / Gambling discussion / Re: Gambling Education. on: September 27, 2023, 03:35:12 PM
TBH, it's like pushing teenagers into gambling because with the education, comes the knowledge of excitement and pleasure that gamblers experience while gambling.

Now, before people come to me asking whether students that are taught about sex education, do they start having sex or do they rape and all the nonsense questions, I'd like to clarify that after students receive sex education, they at least practice safe sex with their partner and go for protection. However, I don't want to discuss about it much. But they don't really lose anything here (except their V), but if gambling education is provided and they started doing it, they'll lose real money and it'll be much more disastrous. I'm not saying that education is bad, but with authority comes responsibility and if the students get excited about it, then they'll "try" it for sure which may lead to losses. And yeah, if this gets approved anywhere, then it should not be provided in the books of students under the age of 18.
Teaching gambling is like introducing them losses and remorse. I agree to an extent. Knowledge brings duty. Gambling education should help people understand the dangers and repercussions, not encourage reckless gambling. Similar to any education, it should inform and guide, not lead to harm.

Your parallel of sex education to responsible education is valid. Always prioritise harm reduction and informed decision-making. We agree. Gambling education should be done carefully, concentrating on risks and appropriate behaviour, and never to minors.
3090  Economy / Gambling discussion / Re: Can Chat GTP destroy poker on-line gambling??? on: September 27, 2023, 03:18:09 PM
~snip~

Well so far things have not gone beyond normal, human intelligence is much more logical, so far we are better, it is obvious that things with AI can calculate faster, mathematics, the physical part, AI thinks more quickly and they obtain the results in seconds, in addition it is that we must make a calculation because we can do it quickly without however it will take longer, there is something that the AI cannot win, otherwise things can be very decisive because obviously Human Intelligence has some thoughts of another style, an AI that is talking a lot, it is the one that even spoke with CR7, I don't remember its name, but up to now it is already saying that it has consciousness as a human, and it believes that it is already a human, I don't know but I think that human beings must set limits on these things, because they can get out of control, all those movies that are AI where they take over the world, where they recreate possible keys to nuclear weapons, all those things can happen, it is not so far away anymore. From that, then the human being has to have control over these machines, because we don't know how much consciousness they can take on, go crazy, activate many things, dangerous bombs, attack countries, unleash wars, so this is not so far from the Actually, maybe not right now, because the AI is in a Beta phase, but later yes.


As far as I'm concerned, these things have been advancing a lot, there are programs that have robots learning certain types of things, they have them training, so this can be good or bad, and it's good because it would be great if it could use AI to do Beautiful things, Like very digital operations such as hand operations, brain operations, a lot of precision is required, and a well-trained AI with a mechanical hand can do it, so this is something that can be used, in South Korea they have very advanced medicine, maybe you see a good mechanism Action with the IAS can continue to raise the level of this , first of all it should focus on this type of work.

You and others are right to worry about AI's rapid development. Knowing that AI brains calculate faster and smarter than human brains makes us concern.

However, considering AI awareness as human consciousness is conceptual. Many believe AI should be limited to prevent it from expanding too much. They are fast, accurate, and good at computer-intensive jobs. This makes them ideal for complex operations.

We must tread carefully on this path. Your emphasis on human control of machines is crucial. We must ensure their use benefits people and doesn't hurt them. Both good and negative possibilities exist, so we must be smart
3091  Bitcoin / Bitcoin Discussion / Re: Bitcoin is life on: September 27, 2023, 02:58:59 PM
I'm not saying gambling is bad I'm saying no one should gamble because if you gamble you can lose everything your whole life income can go there that's why you trade bitcoins you light your future and gamble happy happy  Never get addicted to it and try to stay away from it.

Investing in Bitcoin isn't gambling, that's why it's recommended by those that have been in the industry before us because when you invest in Bitcoin, you can be sure of making profits now or in the future but investing in other cryptocurency can't assure you of profit as they can stop been hyped and they become worthless while you lose all the money you invested into them. Bitcoin is the best cryptocurrency to invest into and you can buy Bitcoin instead of gambling.

But gambling isn't totally bad, if you want to do it try to avoid getting addicted because that's what makes gambling bad as it makes you to keep playing it even when you're losing. Gambling has made a lot of individual to lose everything they had but you can avoid same results.
Bitcoin benefits are undeniable. Only ignorance agree that bitcoin is gamble. Thanks to all the bitcoiners who understand the market and see the potential for growth, not bitcoin is more and more valuable. But please, we all know that other crypto could bring us more

Diversity is always important. Always. Other cryptocurrencies, if they can keep their promises, can elevate the blokcchain ecosystem. They do, indeed, bring a huge return. And of course they come with more risk. So, its crucial to proceed with caution and be well-informed, but keep an open mind towards other possibilities. The financial world is expanding day by day. We cant just sit there and wait for things to happen to us
3092  Bitcoin / Bitcoin Discussion / Re: Crypto exchanges have to learn and improve on their security on: September 27, 2023, 02:49:18 PM
I totally get your worries about crypto security? Totally get it. Its real, the fear. People, me too, are on edge. Scams? Hacks? Big, real threats. Just like that Houbi mess.

KYC? Its doing something, at least. Cutting down the bad stuff. But yeah, gotta jack up that security. Make it strong, unbreakable. People want to feel safe, right? If they do, boom! Everyone’s gonna want in. Cant just be tech-smart, gotta be safe-smart too.

KYC might be a pain, sure. But hey, its moving towards safer grounds. Time to shout out for tougher exchange security. No more waiting. No more Houbi-like wake-up calls. Time to move, and move now. For the sake of our assets, our peace. We need it, bad.
3093  Bitcoin / Bitcoin Discussion / Re: It is only Bitcoin and nothing else on: September 27, 2023, 02:24:05 PM
For Alts market hype is Bitcoin price. See top Alts like Ethereum, there is not a single instance where we saw Ethereum going up despite the fact Bitcoin is down. To me there is no existence of crypto market without Bitcoin and that's why I think there is no point in diversifying your crypto portfolio. The diversification may work well in other trading markets like stock or forex but not here. I have this opinion after investing and losing heavily in alts. Just my few Satoshis. 

Diversification is necessary because sometimes people put money in new coins which offers a beneficial platform for them to get better revenue. We know that every other coin is totally dependent on bitcoin but we also know that how expensive bitcoin is.

Only few individuals are able and skilled to purchase bitcoin but most of the individuals living here are not moneyed enough to purchase bitcoin therefore when they hear about halving so they purchase multiple other coins as they know that halving absolutely will change the value of such coins in that direction in which bitcoin moves.

diversification in other field is also full of advantages like if a person is a part of business or job and at a same time continue his bitcoin investment then there will be a greater chance of successful diversification as if one market is down other will be up to offer you desirable outcomes.
Diversification is vital, indeed. But lets be clear here. Not all diversifications gives you. Some lead to a diversified portfolio of losses (lol). Yes, putting money in different coins could increase the opportunity. But lets not forget, other coins, despite their low price, they indeed riskier than bitcoin

Bitcoin's price is steep. However, its the most well-known, the one that most altcoins try to mimic the price. You mentioned halving and buying multiple other coins. Its a strategy, sure. But remember, halving events are already priced in, and the market reacts in its unpredictable ways.

Yes, having different income streams is beneficial. Bitcoin investment alongside a business or job? A good play. But diversification is not just about scattering funds. Its about smartly allocating them, understanding each asset's dynamics, and staying vigilant in the constantly shifting financial world.
3094  Bitcoin / Bitcoin Discussion / Re: Knowledge vs hodlings on: September 27, 2023, 02:04:48 PM
Those two words, if you connect them to the Bitcoin industry, are, for me, equally important. Because if you have something like that, eventually there will be a change in your life if you have Bitcoin holdings and knowledge. Obviously, you wouldn't go out of your way to own Bitcoin if you didn't find anything wrong with it.

What if you have no knowledge but buy Bitcoin and hold it long-term? Of course, at this point, while you are waiting for the right time to sell here, it is possible to learn what Bitcoin actually has and why it has become attractive to the majority of wealthy investors around the world. So, for me, if you don't have knowledge about holdings, you can make a mistake in what you choose to hold. But if you go with knowledge, for sure you won't make a mistake that you want to hold for the future.

That's right, because knowledge without practice does not make sense. It's just a lot of theory and facts that you know, but what profit is there from them if they are not applied in any way. You can know at least all the facts of cryptocurrencies and have excellent technical analysis, but what is the point of this without investment?

But the presence of holdings but the lack of knowledge is even worse. Such an investment will lead to the fact that the trader will invest without understanding, and falling into the scam.
After that, such a bad investment will depreciate, and as a result, the deposit will be zero.

In general, one without the other cannot have profit and meaning in general.
Knowledge without action? Thats just a brain full of facts, not getting us anywhere, right? But get this. Without any knowledge, thats a crash waiting to happen to our money. Imagine having a stash of Bitcoin and zero know-how - you are the best victim for anyone, including hackers, exchanges, etc. And it is a sad end

Now, mixing both, thats where the magic happens. Knowing the ropes and taking the plunge – thats how we roll, and thats how we grow. With each transaction, we learn, we adapt, and we get better, aiming for that sweet spot where knowledge meets action in a perfect blend.
3095  Bitcoin / Bitcoin Discussion / Re: Bitcoin Earnings on: September 27, 2023, 01:47:01 PM


How to find and know exactly who are good businessman to pursue and learn from? If he had found a good teacher, he wouldn't have come up here to ask us. In my opinion, there are no experts or talented traders who claim to be talented. Talented people often do not appear in public and quietly make money in the market, while only scammers often go on social networks claiming to be experts. Therefore, the best thing is that if anyone wants to participate in the market, especially trading, they should research and learn everything themselves. Everything is available on the internet, don't try to find experts because there are no experts in the market.

I think there are many experienced and expert people whose advice we can trade well. it's better to ask different people's opinion than to ask or know one businessman.There are many talented traders who share their experience with people through their platform,and people are benefiting from their useful tips and trading methods.Doing research and learning by yourself is a good thing, but we have to rely on some trader,because at the beginning of every work, you need the support of someone.

Who informs you about the rules and regulations of the beginning of this work.Explain about the benefits and risks in it.If according to your opinion everything is available on the internet, then the content available on the internet is also published by an expert, so the existence of experts cannot be denied.Most of the experts publish the extracts obtained from their experiences on the Internet, from which new people will always benefit.
Seeking advice from experts and pro traders is quite an idea. Yes, nothing can compare with how we learn from others.

Though, while these opinions and advice can help us, remember that every market is unpredictable (stocks, gold, bitcoin, real estate, etc). Even the most experienced traders sometimes become blind. So you should have a solid understanding of market trends, analytics, and risk management strategy. There are many things to improve ourselves.

Every trader has a unique style, and what works seamlessly for one might not work as smoothly for another. So, digest that expert advice, but let it marinate with your own research and understanding.
3096  Bitcoin / Bitcoin Discussion / Re: Bitcoin Has Changed My Life 👨‍💻 on: September 27, 2023, 01:27:36 PM
The price does seem stable around $26,026, I dont think its time to break out the champagne just yet. I've seen patterns like these and they are not good at all

The resistance at $26,350 and $26,500 might just be a stone wall for now, but massive sell  can break it any moment. If it drops to $25,400 or more, $25,000, its going to be a tough pill to swallow for many. Its crucial to stay vigilant and keep those eyes peeled on the market pulse
3097  Bitcoin / Bitcoin Discussion / Re: Bitcoin kwoledge is not complete without bitcoin investment on: September 27, 2023, 01:09:28 PM
I don't know why people feel that knowing only the theory of bitcoin is ok, without investing. Before theory will be written, there must be a practical to prove that is it true and accepted by scientist after which, other scientist must have followed the whole process with observation and conclusion. It is the same with bitcoin, the knowledge that will have about bitcoin was put into practices first before it was written for us to know. If Satoshi and his group, only have the knowledge and didn't practice it for them to have a conclusion on how bitcoin works, we wouldn't be here passing bitcoin knowledge to people and learning.

With all these stated above, anyone without bitcoin investment and claims that he has the knowledge is only like a clock without the minute and hour hand, because you are just there with your knowledge, and you don't know the reality of what is in your head. Bitcoin investment will expand your knowledge on bitcoin and will help you to towards being successful in your bitcoin journey. A man with the knowledge of bitcoin is an ordinary person, but a man that has the knowledge and investment is a bitcoiner, because he says things from experience. Nobody can have all the knowledge of bitcoin in this world, but with the little one that you have, it is enough for you to invest and benefit from what you know. There is much knowledge to gain when you have the experience but little knowledge when you know only the theory.
I agree with you that real-world experience is crucial for Bitcoin. The theoretical understanding, however, should be respected, imo. Should people who cant afford Bitcoin be excluded from the conversation? As you say, investment is necessary for complete knowledge, but it must also be accessible to everyone.

Theory lays the foundation for practice. Without theory, we're walking blind, and thats where the risk grows. Now, I do believe that real-world experience with Bitcoin investment can provide insights that cant be obtained from textbooks. So, your point about a man with knowledge and investment being a "bitcoiner" does mean something. Its an intriguing viewpoint that investment complements knowledge
3098  Bitcoin / Bitcoin Discussion / Re: What will you do if your country did not legalize cryptocurrency? on: September 27, 2023, 12:50:09 PM
Bitcoin is a very useful thing to many people. It has provided very good opportunities, job opportunity, trading opportunity and lots more for many people to earn money for their essentials of life. Bitcoin halving is fast approaching, giving many people hope of investment, and making reasonable profit at the end. Yet in some countries it is completely illegal. What will you do if you are a fan of bitcoin but your country did not legalize cryptocurrency?

If you count the number of countries that have banned Bitcoin and crypto, they are only a few of them as compared to the number of other countries where it is been recognized, legal and alegal by status, and the fact that these minor countries ban it doesn't stop crypto from functioning, it has always grown without them and will continue to do and besides, there are many people who still do it despite the ban on the legality but not having that freedom to exercise pose some risk on them.

My opinion is this, I don't have the numbers of people that trade crypto and the level of job opportunity outreach that crypto has created but I can say for sure that less than half of people in crypto do trading, more often than not, they prefer to hold it than been traded due to the volatility, I still think people care less of what the status say about bitcoin and other coins, they will buy and hold and protect their seed phrase and private keys without the need to show the public they hold bitcoin, is as simple as that. If their investment matures, they can sell using P2P either through a centralized platform or a decentralized one without having to fear the consequences.
Bans on Bitcoin and other cryptocurrencies may exist in some countries, but they pale in comparison to the widespread acceptance. It would be like attempting to stop the tide with a broom. Blockchain technology's decentralised design works against the centralization of power.

Now, you're right about the debate between trading and holding. The "hodl" culture has taken off in the crypto community. People are less prone to short-term trading now that they see the long-term possibilities. Consider the mindset of the first Bitcoin users; they werent interested in making a quick buck, but in building a decentralised monetary system. Many people prefer P2P exchanges and choose to keep their holdings secret, which further increases the system's security and anonymity.
3099  Bitcoin / Bitcoin Discussion / Re: interesting article: Pay-to-use blockchains will never achieve mass adoption on: September 27, 2023, 12:31:19 PM
The article is well-written. I completely agree with the ideas about the necessity of free, easy-to-use, and recognisable blockchains. The focus being placed on usability and real-world applications rather than merely tech speak and lofty ideals is welcome.

I might add that mass adoption is heavily influenced by the component of "trust". Having used Google and Facebook for years without having to pay for them directly, the majority of people have a great deal of trust in these companies. Around the world, the indirect monetization strategy is well-known and, to some extent, acceptable. If blockchains are to get a comparable level of widespread adoption, they need to establish trust while guaranteeing user-friendliness and no upfront costs. Without getting bogged down in the expenses and technicalities that turn off a lot of people, we should concentrate on showing the general public the real advantages of blockchain technology. How would you feel about adding more initiatives to educate and raise awareness in order to encourage the adoption of blockchain technology?
3100  Bitcoin / Bitcoin Discussion / Re: Could the rise and popularity of cryptocurrencies be a vivid example? on: September 26, 2023, 04:26:33 PM
Im interested in your basic Bitcoin inflation hedging thesis. Bitcoin's regulated supply sets it apart from fiat currencies, which may be issued indefinitely and cause inflation.

Its value depends on more than Bitcoin's finite supply. Demand, like weather, is huge and unpredictable. By rising in value, it may defend against inflation, but what about when it plummets? Never disregard this asset's significant volatility.

To diversify your investments, incorporate Bitcoin or other cryptocurrencies, but relying only on them could be like putting all your eggs in an unstable basket. Let's diversify our finances and be open to new ideas, okay?
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