There are too many posts deleted in that Gambling site and since they created a self moderated thread, i prevent my self from posting because i will going to question their capacity to answer questions and it looks like they have no power and that same reason why they wanna hide in self moderated thread.
Yeah, it would seem a lot of self-moderated threads are spawning grounds for petty scams and dubious schemes. I would keep away from such threads because there needs to be somebody or a group of somebodies who are trustworthy enough so that you can be certain you can trust them so you most likely won't lose your time and money. Some things look too good to be true and some things are very obviously risky at the get-go.
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Congratulations on your winnings. I realise a lot of people here are scoffing at the mere amount of $20 USD but that is, from my perspective, the wrong attitude. Even 20 Dollars is a worthwhile prize, especially in countries where $20 USD is considered a lot of money! You guys should show some support instead of looking at the prize amount. The guy is a happy camper, and that should not be discouraged.
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It doesn't have the real value . Because it is digital assets not a thing which could sale to everyone. Any crypto currency fiat or digital assets don't have its real values. But the community make it valuable. If no one buy Bitcoin today then your Bitcoin value in nil. Because it is controlled by any person or government but the whole community is involved in it . If they backed then it is nothing.
Indeed, bitcoin in the real world are just chunks of data that programmers can write over and over again with their skills but with a few compliments from the community as well as some experts, then embroidered with a few future badges, many sparse trees have formed a forest and a unique land after only a few years. Although practicality and real value never appear too much but with the support and ability to link bitcoin's potentials with the real system, it's very likely that bitcoin will have a real transformation in the future. I think people really underestimate the other costs of creating Bitcoin. We have several such as mining rigs, renting areas for the rigs, electricity costs, internet bill, and much more misc. costs that range from small impact to large impact on the mined Bitcoins end value. So the question is, is mining Bitcoin really not connected to anything physical, or is that just how it "feels"? Because I see a lot of value going in.
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If governments legalize Bitcoin as legal tender, then there should be nothing stopping them from centralizing the cryptocurrency in its entirety. It'll be the end of decentralization as we speak.
I don't understand what made you jump to that conclusion. If governments all over the world suddenly made bitcoin legal tender, that would force almost all population, that is, banks, businesses, individuals, merchants, etc., to switch to that new legal tender. Not only would it result in a higher price and greater awareness of bitcoin, but also it would result in more people willing to mine bitcoin or run their own bitcoin full node, which would make the bitcoin network even more distributed and decentralized. It is pointless for governments, especially big ones, to promote bitcoin by making it a legal medium of exchange because once people learn about how to be their own banks, they will no longer need to rely on centralized government-controlled entities. Why would they shoot themselves in the foot? Exactly my sentiment as stated above. However I would also add the fact that if a government someday, somehow manages to centralise Bitcoin, then there will be other crypto's to take its place. Especially privacy coins. So trying to decentralise Bitcoin is not something that the government can do, I believe. And attempting it in the first place will only lead to a waste of money and time.
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If they don't continue to prop up certain markets with free credit and tons of leverage, then we get deflation at the mega corporate level, which causes paper wealth destruction, credit to evaporate, and profits to go negative, which translates into massive worldwide layoffs.
So buy stonks in Brawndo?
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Rinse and repeat Why would they buy them at 57.4k? Seems a bit high, even when buying large amounts.
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I am happy to pay taxes because I know my government will give back to the people. But if my government starts going crazy and starts killing innocent people or putting them into camps, I will keep my funds out of their pockets.
i get what youre saying, but that strategy just might get you into one of those "camps" you speak of. i hate taxes as much as the next guy and especially some of what my gov finances with them, but here in the "Land of the Free" (USA) my freedom would end real fast if i messed with the IRS. Doesn't sound like freedom to me, friend. Of course you would refuse to join the slaughtering and get sent to the camps anyway. In which case, your bank account and fiat would get seized and the money would be used for bombs and bullets. They can't do the same with Bitcoin. Bitcoin macht frei.
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Not the Dutch government: HODLing is taxed, selling only gets you questions from your bank. Wow. Wtf. How does that work? You buy at 1k and it grows to 100k and if you don't sell then you owe taxes on that 100k? What if next year it goes from 100k to 1k? Do you get your taxes back? It doesn't matter if you sell or not, anything you own is taxed each year by up to 1.76%. That's great if you gain a lot in one year, but it drains your funds in the long run. Seriously, nobody living in places with unfair tax laws should sell themselves out to their government by linking KYC or info on their crypto assets.
As long as you don't sell yourself out and don't link your purchases to yourself, your bags stay hidden. Thats the very point of Bitcoin. The problem with that is: you can't ever enjoy your money if it's hidden and the value gets high enough. You can't answer the questions you get when you pay a Lambo cash. Thats true. But if you have enough money to buy a lambo, you shouldn't care if some of your money is taxxed. But as far as the little man is concerned, I don't think that hiding lambos will be a problem for most people. I think the majority of coiners would rather quietly enjoy a modest and slightly higher standard of living under the radar of the government. Especially in countries with bad governments which try to keep the poor as disadvantaged as possible (USA, for example). Or countries that will take your business, your life and your money away from you if you say something bad about the government (China, for example). I am happy to pay taxes because I know my government will give back to the people. But if my government starts going crazy and starts killing innocent people or putting them into camps, I will keep my funds out of their pockets.
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Not the Dutch government: HODLing is taxed, selling only gets you questions from your bank. Wow. Wtf. How does that work? You buy at 1k and it grows to 100k and if you don't sell then you owe taxes on that 100k? What if next year it goes from 100k to 1k? Do you get your taxes back? Seriously, nobody living in places with unfair tax laws should sell themselves out to their government by linking KYC or info on their crypto assets. As long as you don't sell yourself out and don't make your purchases traceable to yourself, your bags stay hidden. Thats the very point of Bitcoin.
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I moved just 1 bitcoin onto coinbase a few weeks ago and this morning I got this from HMRC fucking vultures I see you fell for the KYC trap.
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Wow nice song. I really like it!
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When I see you guys have stopped talking about suicide machines then I will know Bitcoin is going up again without having to look at the price.
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Congratulations to Mbitr! You better hodl those coins!
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I am no antivaxxer but this is getting ridiculous!
Lets look at the numbers and some examples:
Almost 90% of the population in Singapore is/was vaxxed, and yet their 4th wave was almost 4x higher than the first. Same with other countries, high vax rate, yet still can't get rid of covid. Where is the so-called herd immunity? I have a feeling the vaccination isn't as effective as we were meant to believe. What the numbers are showing me is that Corona is here to stay, possibly forever. We can't stop people getting sick and spreading it.
As to the argument that the vaccine lowers the risk of you dying, yes thats true. And yet 25-30% of intensive care Corona patients are vaxxed. WTF. Thats waaay too high a number for an "effective vaccine".
In Germany: Out of 102k Corona deaths and over 6 million infections since the last 2 years, only 1418 of those deaths are from individuals who are 49 years old or younger.
Im just looking at the numbers here. The worst thing about Corona has been old people keeling over and dying a few weeks earlier than they normally would have and hospitals not being able to handle all the old people dying.
I don't know about you guys but I don't want to get a new booster shot every 6 months for the rest of my life, especially because I am young and healthy.
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Coincidence? I very much doubt it.
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Between now and 1 year from now bitcoin will spend more time below $40k than above it. Write it down.
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...
Eeek! BTFD time? When it hurts to pull a trigger...
If I have learned anything its BTFD. Everytime.
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