Famous musicians like these lifestyles.

I've read once that 50cent went bankrupt despite making millions of dollars every year. He was living such a lavish lifestyle, buying so many houses he really couldn't afford and hosting parties all the time that he eventually run out of money.

Drake likes to gamble, we all know that Gamblers sometimes lose money and those who bet a lot lose a lot.

On his defense the fight was very close and Fury almost lost by being knocked down. A split decision means the fight could go both ways.

I knew Fury would win. Posted about it in the prediction thread but many people were making fun of this saying he can't jab and similar things. Drake should've listened to me LOL. 

They do because they're a group that looks for poor countries in need of loans and offer these loans and wrapping it all in a pretty packaging by saying they wantthe world to prosper and countries to realize their goals. It's all a bunch of lies. They're a business.

What would people say if you were going from one poor neighbor to another, picking people in trouble like addicts, people with ongoing court cases and such and offering them loans with extreme conditions like you'd take a room in their apartment and use it for whatever you like if they won't be able to pay in time. People will say that you're abusing them. That you're just a leech and a crook.

When they're doing it to whole countries it's somehow a different thing.

Maybe it's liquid-staking derivative adventure


I agree with you OP, LSD can wait, buy bitcoin first. There's always a good time to get high, but there's not always a good time to buy bitcoin.


Listen to your friend and buy a ledger or Trezor especially if you're holding more than 1000 USD because a wallet is just $100. Worth every penny.
If you have less than that or want to be a cheap bastard () just install Electrum and use that. I think that Electrum is the best free wallet on the market.

As much as I love bitcoin this example shows that it's not the best way for the poor to save money. If $5 is a lot of money for our OP and it has to be because he's willing to celebrate the purchase and I bought a cappuccino at starbucks today for $4 and then had to spend $50 to "feed" my car.

What we've learned today?

You spend pennies on bitcoin at a centralized platform, you'll spend it all on fees.
You think you bought $20 of bitcoin, but in reality you have probably 5 left, unless you get yourself fooled again and change it to a stable coin or some shitcoin in search of lower fee.
I see no way for these exchanges to be attractive in poor countries unless they drop these ridiculous fees.

It has a lot to do with the last all time high and the mining profitability. I've ready some studies that claimed bitcoin profitability for the majority of mining farms is above 20 000 USD and below that they have to either sell at a loss or hold on to their coins hoping for a recovery.

Many miners must have chosen not to go bankrupt but take a loan to pay their bills and keep mining and holding their coins when we were at 15-20 thousand and those people are now slowly selling but trying not to crash the price so instead of dumping it all they are placing sell orders at levels that give them some profit like 24 and 25 000.

I think that most of the sell pressure at these levels comes from miners and people who bought below 19000 to speculate and see 25 as a good enough level to exit with some profit. Once the miner savings are redistributed we'll start moving forward.

The wink was for all of you who applied even though the status of this campaign is CFNP.
Usually when a campaign is open for applications its status changes. 
I chose to quote you because you were the first to apply.

Don't regret it. You had no money at that time and you felt bed begging your parents for it.

I know a lot about it because my father is wealthy but he wants everyone to literally beg and thank him. He's a narcissist so one time when I wanted some money from him he asked me to ask him nicely like "my dear, most generous father, I would really appreciate if you gave me the money" and then I'd have to kiss his hand. I'm not joking here. I didn't do it and after some time he sent me the money anyway but it took like 2 years

The only thing I regret in life is not buying more bitcoin when I had the chance.

There's never a 100% bet. If someone was trying to sell me on that I'd suspect foul play. You just cannot be that sure and there's always a chance things will go bad for you.

It doesn't matter if I had millions or had the money I have right now I'd never bet it all. I'd maybe, but MAYBE, if I really trusted that guy, bet a third of my money. If I had a million I'd bet 300 000.
If this was someone unknown to me who fixes matches or something I'd maybe bet a 100 for fun. Nothing serious.

I'd probably go to a number of bookies if I wanted to bet that much. You can bet online even after the match has started so I'd simply wire cryptocurrency there with high fee. Everything would be in place within 1 hour. I'd choose at least 2 different sites and take some cash to a local physical bookie.

You gave your grandfather a good advice, although I'd be careful with this because people often do dumb things and then try to blame it on someone else.

Your grandfather could soon get some profit from his investment and put all his savings into it and then if he loses something by being careless with his private keys he's going to blame you.
I would want to supervise the process and see how his security looks and how much he's investing. Don't leave him alone with this because you're the one that started the process so see it through until the end.

Think of a situation where your grandpa wants to cash out and chooses a scam exchange or sends coins to a wrong address and loses everything. He's going to blame you and crypto for being a scam.

IMO people who choose stable coins over cash are idiots. Stable coins are issued by a company, so you're adding another layer on top of government. You're making everything more difficult for yourself and taking more risk in the process.

Cash - you depend on the government and on your own ability to keep your money safe.
Money in the bank is one layer on top of it because instead of trusting the government and yourself you also have to trust the bank.
A stable coin sis the same but even worse because you're trusting a much smaller entity than the bank to keep your money safe. If the company like Luna goes bust so does your token and you have nothing.

The best out of all of it is bitcoin because you're subtracting all those secondary layers. All that's left is your ability to keep it safe.


That's correct. It's almost impossible to stop bitcoin, but it's very easy to stop a regulated exchange or a stable coin.

 

That's right! They were probably trying to brush him off and thus answering without really giving out any hints. In other words they were acting cool.

This "strategy" can help when you're making mistakes under pressure and often feel stressed while playing. In such case you should pick the amount of money you wouldn't feel bad losing and think of the casino like going to the movies or to a club. You pay some money like $50 for time you spend there and don't expect to come back with more money.

Also simulation and real life are two different things. You don't exactly know what's behind the casino algorithm and you can't be sure that your script will produce the same results in a casino.
If someone was playing and winning big right before you and the casino script takes into account that someone broke their bank today, it's not going to allow you to do it again.

I suspect casinos special contingency plans that tend to balance things out and they won't allow multiple people to have a winning streak at the same time and you don't know who and when is achieving what results in the casino you're running your script.

Congratulations, that's a crazy bet. I've done that a few times but never so many in a row. I hardly ever win 5 legs and what you've managed to achieve many people are unable to achieve in their whole gambling careers. That's life changing money we're talking about here. 400k is a nice apartment from a few hundred bucks, although the tax had to take away some of it.

After a win like yours I'd probably be hooked into sports betting for life.


You're giving your friends cash gifts for going out with you? I'd be concerned if they're really my friends and not hanging around because of the money.

Does it mean you had a temp ban? These things happen and it's great that you haven't been discouraged and instead came back, ready to be a better poster.


We are not your leaders

The thread in the link below should answer most of your questions.
https://bitcointalk.org/index.php?topic=1689727.0


You know what you were banned for so you should know how not to do it again. It's not about the link to the article, but more about not putting the text in quotation. When don't quote it and don't include the source you're posting it as your own. If you do at least one of these things you shouldn't be in trouble, but best if you do both. It's just ethics.

So you call this work? Your father thinks you're trying to earn some money and you're writing on a forum instead and getting paid a few dollars for wearing a signature?
Did I get this right?

This is not a job and it shouldn't be. This should be your way of spending free time that additionally gives you some pocket money. This will never work as a full time job and don't treat it as such. I'm really trying to warn you here.

Most of us would have sold at that time when they were mining bitcoin and thought it to be worth just 0.05 USD and it went to $30, which happened pretty fast in 2011 so just over a year since Theymos sold his coins.

That's a 600x rise in price. Something that would mean 12 million USD bitcoin in a year if we took this year as base.

Imagine investing 20 000 today and seeing it worth 12 million next year. You'd be selling everything. I sure would be, so I don't blame anyone who sold at that time.

What's there to look at right now? Are you saying that a move from 23 to 22 000 is something important to look at? 5% moves are nothing for bitcoin one day its 10% up another day 5% down.
 
You're right, there's nothing wrong with making predictions. I told you to calm down because I saw you mention 17000, which I think is such a low number that talking about it after a breakout above 20k is far fetched. When I see people who say that it can be 17000 next month I feel like they're panicking.
So you expect we could go to 17 but not lower than the established bottom of 15? IMO that's still a bearish prediction and I'm bullish.

Tommy: Better reach, better looking, better nickname, better built, better name, much less drama and posing.

The choice is obvious if you ask me.

IMO it's Fury all the way, win by KO. Jake Paul has no incentive here. He's fighting for the show, to be popular, he wants people to talk about it. Even if he loses he's already made money on the fight from all his tweets and stuff. Fury seems to be in for a real fight as he wants to get that official rank and climb the ladder.

I'm amazed at hos much luck this guy had.

He pulled out a robbery, wasn't caught, shot, recognized by anyone. They didn't have a drawing of his mug hanging at the doorway.

Then he came back, gambled there and nobody seemed to remember him

He was cashing out chips for days and still nothing, they were blind. Nobody seemed to notice that the guy wasn't buying the chips at the casino but coming with them already in his pocket.

He had a lot of fun, free meals, ladies, and it still wasn't enough, he had to keep trying his luck until it run out.

Those guys who kidnapped the girl were also really stupid. The first rule of every robbery is you stay low after.