Bitcoin Forum
July 06, 2024, 12:15:50 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 [18] 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 ... 208 »
341  Bitcoin / Bitcoin Discussion / Re: Would it be enough to buy 100 dollars worth of Bitcoin every month? on: December 13, 2023, 10:40:43 PM
I'm preparing for the college entrance exam to go to college, so I can't make money from working. I get about $100 of allowance from my father every month. I use all of them to buy bitcoin because I can use father's credit card for expenses such as food, clothes. I can buy Bitcoin on a satoshi basis every month, but when I see people buying Bitcoin basis on the internet, I feel like I'm too behind myself. Maybe they have a much higher income than me because they have a job. I think I can only invest $100 a month for the next year or two, would that be enough? I am worried about missing big bull market with halving and etf approval.
Enough for what? To become a billionaire? Hardly. But you can still earn a neat amount of money if you'll hodl for long enough. Of course, you can afford to invest (much) bigger amount if you'll find a part time job. Just some basic side hustle, perhaps something you can do online.
342  Economy / Gambling discussion / Re: A gambler takes his own life after a loss. on: December 13, 2023, 10:13:45 PM
Apparently this is a true live event happened in my State this week and almost everyone is talking about it. About a young man that killed himself after a gamble loss, he even left a message for his family and friends before taking his life.  But I wonder why should someone take his own life  just because he lost  #2.5 million to gambling an amount  equivalent to just about $3k. I can relate to his loss but taking your life is something unimaginable and unjustifiable to do. No matter the regrets suicide isn't an option to be taking as a solution , you are only leaving bigger pains  behind for your loved ones.


This is just another reminder to we all gamblers that no bet is sure and guaranteed, don't ever use an amount of money you are not comfortable to lose just because you feel convicted in your mind that the game will play as predicted. There's no such thing as sure bet in gambling.

Question: Is there any amount lost that can make you commit suicide?

If yes, then don't ever use such amount to gamble.

No amount of money can make me commit a suicide. I'm gambling occasionally and purely for fun but even if I'd make a huge bet for some reason and lose, that won't make me take my own life. I mean it's just money It's not worth it.
343  Economy / Economics / Re: Boycotting iSrAEl's product? think again. on: December 13, 2023, 09:05:03 PM
That's not exactly correct.
You see when talking about effectiveness of sanctions there are a handful of things that decide their effectiveness. I'd say the three most important factors are: [1] duration, [2] scale (how much of the country's economy they target and what percentage of the world complies with them) and [3] the capabilities of the targeted country.

Lets look at 4 examples:
1. Iraq
This is a good case of a [1] "long" and [2] "large scale" sanction on a country with [3] little domestic potential for self reliance that succeeded.
In early 1990 after the US ally, the Iraqi dictator Saddam failed in his invasion of its neighbor Iran, they started getting sanctioned specially after he invaded Kuwait. [3] Iraq already had lost a lot in its futile 8 year invasion attempt including infrastructure and the country was in a huge debt.
The sanctions were [2] enforced globally which basically isolated the country. That meant lots of crisis in the country, even food crisis where large number of people are reported to starve to death because of the sanctions. These sanctions remained in place for [1] about 10 years that slowly weakened Iraq and forced them to willingly accept being disarmed which paved the way for the US/NATO invasion in 2003 and destruction of the country by US and over a million Iraqis killed!

2. Iran
This is a good case of the [1] "longest" and [2] "largest scale" of sanctions (most number of sanctions for the longest period of time) against a country with [3] a massive domestic potential for self reliance.
Ever since [1] 1979 revolution when Iranians kicked the US backed dictator and US out of their country, the US sanctions began and they've only increased in number and enforcement scale to this day.
However, the results on Iran has been completely opposite of Iraq because they could never isolate Iran nor could they damage Iran's domestic production and scientific advancement that helped the country become self reliant even in high tech field.
Of course these sanctions affected Iran's economy a lot and even led to some social unrest but they could never achieve their true goal which was to topple democracy and reinstall the US backed dictatorship to steal Iranian natural resources.

3. Saudi Arabia
This is a good example of a country that is not sanctioned but has nearly [3] zero domestic potential to become self reliant.
Experts suggest that if someday Saudi dictatorship is sanctioned, it will fall in a matter of days! The reason is simple, over the decades when Saudi dictators was obeying US orders, they were never allowed to build any kind of infrastructure and more than 80% of the country's needs are imported because that's what forces them to remain a US "colony" and ensure survival of Petrodollar.

4. Russia
Now we can talk about why sanctions haven't worked on Russia.
- First of all Russia was sanctioned [1] a little more than a year ago. 10 years from now it could be a different story assuming the New World Order fails (which is unlikely) but a year is not enough to claim that sanctions are ineffective.
- Secondly, these sanctions are [2] NOT enforced globally. Basically it is only US that has sanctioned Russia and some of the European countries complying with it and only partially (eg. they still continue buying Russian LNG or they still continue exporting vehicles to Russia, etc.) and the rest of the world doesn't really care (eg. India, Turkey, China, etc. still have economic relations with Russia).
- Finally Russia [3] has a decent domestic potential for self reliance. Having vast amount of energy, many factories and infrastructure helps greatly.
Actually, all 4 examples just prove my point that sanctions don't work. Saddam was never overthrown by Iraqi people he was captured and executed by US military after the full-scale invasion.

When speaking about sanctions, I always mention Cuba. This tiny island had been under sanctions for more than 60 years. Yet, no change had been achieved politically. Of course, the people there are suffering because of embargo but apparently things are not that bad as no pro-American movement had emerged there. Another good example is North Korea. Again, no effect from the sanctions. 

Quote from: pooya87
Now lets look at Israel.
  • First of all boycott is not the same as sanctions which are enforced by the countries/governments so it's the law. This is more like a movement by the regular people. So its effectiveness is not going to be the same as sanctions but at the same time it will have an impact. For example I already covered the effects it had on Israel linked companies such as Starbucks.
  • Secondly the duration is not yet long. It's only been a matter of weeks, the impact is going to be seen if this movement continues and it becomes years.
  • Finally the Zionist regime needs foreign aid to continue working. If the 340 million American + 750 million European tax payers stop paying Israel hundreds of billions of dollars annually, the regime would stop functioning. That's despite the domestic capabilities of the regime. We are moving in that direction too but it may take longer, which could be called actual sanctions.
Yes, I agree this is somewhat different, that's why I said I'm not particularly optimistic but I can't exclude that it might also work.
344  Economy / Economics / Re: Is energy prices about to shoot up? on: December 12, 2023, 10:52:25 PM
I'm not ready to say for sure, but Yemen has probably become a puppet in someone else's hands as well. And it is being used as a provocateur that creates tension in this region, which is very important for the transportation of oil from the Middle East. They do not pose an objective threat to the US Navy or other democratic western countries. But they can provoke a powerful response to terrorist antics, which in the end, according to the scenario of some "scriptwriters" and will lead to a global conflict, which will lead to a temporary or even long-term blockage of the Red Sea and shipping channels.
I was just wondering: Hamas or Hezbollah or some other military group could buy a missile or a sea drone (from corrupt Ukrainian military haha) and that USS Gerald R. Ford is such a huge target, it's almost impossible to miss. If Russian intelligence wouldn't be so lazy, impotent and useless they would have used such a great opportunity...  Grin

Quote from: DrBeer
Regarding other ideas:
- Putin went to the meeting to apologize for not fulfilling his obligations to reduce oil production (and you really don't know that Russia is systematically cheating its Opec+ partners as well ?), and to try to agree on using the banking system of some countries in the region to launder and transfer money to further finance terrorist wars.
How do you know that? Any sources? Oh wait, I forgot, you never provide sources.

Quote from: DrBeer
- Regarding "Iran's peacemaking ideas" - sounds just funny Smiley Financing, providing and inciting Hamas and other proxies to attack Israel and massacre Palestine - is it about stability and peace ?
I'm not sure what mean here: you're trying to say that Hamas is responsible for bombing the shit out of Palestine? It wasn't bloody war criminal baby-killer Netanyahu? Hamas were bombing themselves and their children and relatives, right?  Grin

Quote from: DrBeer
when Iran realized that for this it can be very "fly", Iran beautifully "leaked" Hamas, PUBLICLY declaring them "reprimanded" for attacking Israel without consulting Iran. It was not us, it was Hamas, don't touch us ! Smiley There are even official statements by Iranian representatives, which is easily verified Smiley
Some kind of unintelligible blabbering, I didn't get the idea. Are you drunk?  Grin
345  Economy / Gambling discussion / Re: A hero or a fool? on: December 12, 2023, 05:56:02 PM
I was reading some comments on line today and a story caught my attention, and I want to know how possible this is.

A guy claimed he won $5000 on a poker machine and that's where his addiction began, and when it get to the point that he lost his rent money to gambling he decide to take matters in his one way.

He proceeded by going to gaming commission and had his name banned by himself, ( Someone please tell me how this is possible?) never seen such in my country before. he claimed he still go back to casinos at times and he knew he can't ever win big again, because his name was flagged in the system, and if he win big they won't pay him.

He said he was limited to winning $200, that anymore than this he would have to sign his name and be subject to prosecution for trespassing. He claimed his move took his joy out from gambling real fast, and now he haven't been near a casino in over 10 years.

What do you think? This is an insanely move on oneself to stop addiction, something done right? Would you do the same if such is possible in your country?

Well, his method worked so definitely not a fool. Hero? Hardly, he just did what he had to do. But anyway, he had balls to do it so he definitely deserves some respect.

I would do the same, but unfortunately this method works only with conventional casinos, you can still gamble online.
346  Economy / Gambling discussion / Re: Tennis League All Thread on: December 12, 2023, 10:02:42 AM
I wasnt aware of this event, isnt this the first year its been played?

The players who attended was a small group with Taylor Fritz being the highest ranked
player at #10.

https://toomanyrackets.com/mgm-macau-tennis-masters/

Quote
Players
The 2023 tournament in Macau will feature four ATP and two WTA players including Taylor Fritz, Wang Xinyu, Daria Kasatkina, Tallon Griekspoor, Borna Coric, and Zhang Zhizhen.

Wang Xinyu
Borna Coric
Daria Kasatkina
Tallon Griekspoor
Taylor Fritz
Zhang Zhizhen
Belinda Bencic, Emma Raducanu, and Frances Tiafoe were due to play in the event but they had to withdraw due to injuries.

On the womens side there was nobody from at least the tip 10 but I guess if this
is the first year of that event it can get better in the future.

Its interesting that Raducanu was due to attend but had to cancel due to injury.

Yes, in fact Raducanu announced she was going to play at this tournament quite a long time ago. I've seen that news at least half a year ago. Anyway, this is just an exhibition event and the timing is not very convenient: it's pre-season and most players are out of form getting ready for the next season, Australian tournament series etc.
347  Economy / Economics / Re: Boycotting iSrAEl's product? think again. on: December 11, 2023, 12:54:27 PM
Have drastically impact with some countries boycotting Israel products and they loss much money with sell targeted drop drastically since this news publishing to public. In my country some Israel product have drop significant with their transaction in daily day exactly McDonald's, KFC, Starbuck and some cosmetic products. One side with issues boycotting have smart marketing with Israel product with fantastic bonuses offering more than 50% than usually price.
Some time dilemma when Israel product boycotting the local product are not ready with their supply and make price up drastically, in my environment Aqua as mineral water have been boycott and have local product but difficult with get stock due their product sold out in faster moment.

It would be better if you mention which country you belong to, so we get to know where Israel products are being boycotted. Even if local products are not ready to take over imported products then this is time they can cash. Local products must try to improve there standards with no pressure from consumer as they are willing to buy local products at all cost. In Pakistan we don't have Starbuck but there is drastic decrease in sale of McDonald and KFC. Companies like Surf Excel and Ariel are giving good incentives to consumers for sale. Every country must prefer there own products to save foreign reserves and promote local industry.
In my country, Indonesia is also boycotting products affiliated with Israel and this has had a big impact, like McDonald's and KFC now look quiet since the initial call for a boycott was made. There are even local product CEOs who openly support Israel on their social media who are also being boycotted.

I don't know whether this boycott can stop the war, but it must be admitted that this boycott has had a big impact on companies affiliated with Israel experiencing decline or losses. but what is clear is that local entrepreneurs are taking advantage of this boycott moment, because boycotting doesn't mean we stop eating chicken, eating burgers, drinking coffee, bathing, brushing our teeth, washing, etc. But we consume and buy, only products that we buy from companies that do not support or provide benefits for Israel so that they can kill more women and children. they as buyers can choose other products, especially local products, so that the economy continues to run. We can see examples such as Russia, which was embargoed by western countries, but their entrepreneurs took over the business.

Yes I fully agree, sanctions have very limited impact on country's economy, in fact, in most cases they hurt the economy of the countries trying to enforce them more. And it's not like sanctions stopped to work all of a sudden, no. Sanctions never worked, no country in modern history was hit by sanctions so badly that they changed their mind and their politics completely. So yeah, also in case of Israel, I'm not particularly optimistic regarding about the effect of sanctions.
348  Economy / Economics / Re: Boycotting iSrAEl's product? think again. on: December 11, 2023, 09:49:55 AM
PS I really liked the display of "intelligence" of the boycotters, who went and bought a lot of Coca-Cola and poured it down the drain. Bought it and dumped it. Paid money to those who want to be left without money.... I think such a mass boycott, the producers will be very happy ! Smiley

However, these entrepreneurs also implement strategies related to this issue, especially if their products are also affected, during the profit calculation period at the end of the year if net sales experience a decline, for example in the food and beverage industry due to fast moving consumers.


I’ll just give an example of how Ukraine boycotted the products of the terrorist country - Russia:
Totally ignoring their products, publishing information about Russian brands, ignoring and complaining to stores, retail outlets, and retail chains about the presence of products from a terrorist’s country on their shelves. And you know - both the largest chains and small sellers completely removed such goods in literally a month!
No one bought a single unit in order to “exemplarily destroy”, just a total refusal to purchase goods and mass publication of the facts of the availability of goods in stores or even networks, across all social networks. So that EVERYONE knows - you can’t buy this - this is a terrorist product, if you buy it for even 1 hryvnia, you will pay the terrorists who are destroying peaceful cities of Ukraine!

And at the same time - we help brands whose country of origin helps us in the fight against RUSSHIZM - the USA, many EU countries, and many other countries whose products and goods are sold to us - they helped us, we will help them!

Muahaha... your negative IQ won't let you realize you've done similar thing to the Coca-Cola guy you've mentioned above. The goods in stores actually belong to retailers who have already paid for them to Russian companies. In this case you're punishing your own retailers not Russians.

P.S. BTW, why are you still here? You Motherland wants you to fight for Donbas! Stop cowardly hiding from your duty, don't forget retarded people are also welcome now!  Grin
349  Economy / Gambling discussion / Re: Tennis League All Thread on: December 10, 2023, 04:56:18 PM
Latest news from 2023 MGM Macau Tennis Masters (exhibition event): it only took 61 minutes for Tallon Griekspoor to win in the final in straight sets 6-3, 6-4 against Borna Coric. In the 3rd place match Zhang Zhizhen defeated Taylor Fritz 6-3, 7-6 (1). Women's final was between Kasatkina and Wang Xinyu and the Russian proved she was in better shape by winning 6-4, 6-4.
350  Bitcoin / Bitcoin Discussion / Re: Finally Bitcoin Devolpers planning to kill Ordinals and Inscription on: December 10, 2023, 04:16:07 PM
Removing ordinals will reduce transaction fees, meaning miners will make less Bitcoin per transaction.
How do you propose bitcoin survives when the block subsidy is near zero and miners depend solely on transaction fees to sustain them, when even a modest increase in transaction fees is enough to make 99% of the community want to ban the transactions paying those fees? A tail emission? Merged mining?
At this point I should ask: when block subsidy will be near zero? Near zero in BTC or near zero in fiat? I guess this block subsidy amount protection is built into Bitcoin, it was meant to work like that by design. If by the time block subsidy is say 0.0001 but Bitcoin price is $100.000.000 will miners be able to survive?  

Quote from: o_e_l_e_o
How will you use bitcoin mempool gets massively flooded?
I'll pay the appropriate fee.
I'm happy you can afford it, but think about Venezuelans trying to send money to their families, people from developing nations working here for sig campaigns on this forum unable to receive their pay (and for many it's their only source of income) etc etc... why these people have to suffer because of some person storing his dick pics and fart sounds on the blockchain?  
351  Economy / Economics / Re: Is energy prices about to shoot up? on: December 10, 2023, 03:33:30 PM
I’ll return to the issue of “selective moderation” again Smiley

I agree with my answer to the topic participant’s question (see screenshot below), it goes somewhat beyond the ideal match with the author’s expectations. But the question itself from another student is far from the truth.

Request to the topic author:
- or not openly show your selectivity and duplicity in the “struggle to follow the rules”
- or then delete ALL posts that are off topic.
- or be honest, at least to yourself, and honestly write - “I don’t like your opinion, I don’t want to hear it, but I want to hear only those opinions that I like. That’s why I will delete your posts and those that I like, although not relevant to the topic, I will leave it to please my feelings" Smiley
- or also write honestly - I have no arguments, I’m afraid to answer you, I don’t have enough knowledge, so I will hide your posts, they are inconvenient and infuriating to me, because... I am helpless to answer them. Believe me, after you honestly voice the reasons, I will stop writing even a word in your topics Smiley Just don’t go back to the tales about “inexact matching of the topic,” okay? Looks very cowardly and stupid Smiley
 
Looks very cowardly and stupid Grin

Muahahahaha I had a good laugh, Mr Troll! You should be the last one to whine about "selective moderation" or should I remind you how you cowardly deleted all my comments full of facts, valid sources and quotes from all threads started by you? I wasn't even breaking any rules, I was just asking inconvenient questions and exposing you as a complete lying bozo! pooya87 is in fact very lenient as he generously still allows you to post your bs comments here (although they mostly have nothing to do with the topic we're discussing here).

So yeah, indeed, it looks very cowardly and stupid  Grin
352  Economy / Gambling discussion / Re: Health Benefits of Gambling on: December 08, 2023, 11:42:56 PM
Gambling is not bad after all but addiction is, gambling has been receiving a lot of negative reactions and feedback but gambling also has a lot of health benefits associated with it but you can only get these benefits if you are a responsible gambler and you have total control of what you wage and limit your bankroll

These are some of the benefits to see more of its benefits you can read the whole article here

Can you add more besides what's written in this article?

Surprising Health Benefits of Gambling

Screenshots from: finehomesandliving.com
            

That's why I personally gamble just for fun. Unlike gambling to make a living, gambling as a hobby indeed helps to relieve stress and improve mood. Irresponsible gambling, on the other hand, can increase the stress levels and can turn gambling hobby into an addiction... 
353  Economy / Economics / Re: Boycotting iSrAEl's product? think again. on: December 08, 2023, 11:17:05 PM

https://currentaffairs.adda247.com/boycott-israel-products-list-2023/

There are many organizations and people in Asia are boycotting Israel's product because they're stand with Palestine. But I see it's really wrong because they mixed up both Western brands and Israel brands as they boycotting brands like: McDonald, Fanta, Garnier, Nestea, Starbucks etc. I'm not sure what's their reason to do that, but I take McDonald as the example, they boycotting McDonald because McDonald's franchise in Israel is supporting Israel.


https://www.msn.com/en-us/news/world/mcdonalds-owners-fight-over-support-for-israel/ar-AA1jgQRE

They forget if it's a franchise, it's not the McDonald's headquarter is supporting Israel. The franchise in other country has no relation with Israel, yet people boycott them. This can give effect to their own economy because the franchise will not make money to pay the employees, resulting salary cut or get fired, unemployment rate will increase.

AFAIK there's only one brand, that clearly supporting Israel, after all it's your choice to boycott them or not.

It's really not make sense to boycott franchise's product, if you want to boycott Israel's product, here are their brands https://en.wikipedia.org/wiki/Category:Israeli_brands

If you want to support Palestine, find the trusted charity in your respective country and make a donation on there.

Think smarter, don't ruin the economy in your country because of sUppOrTInG PaLEStinE by doing that.

I guess they're not mixing up Israeli brands and Western brands but they're doing it deliberately because the US supports Israel. US is Israel's #1 weapons supplier. So it's pretty logical they're boycotting Western products and brands as well.

Regarding franchises, they're local companies that's true but they're still paying franchise fees to the mother companies, so it's pretty logical too.
354  Bitcoin / Bitcoin Discussion / Re: Cashing Out BTC in Exchanges Questions on: December 08, 2023, 10:56:52 PM
I'm curious about this.  For the people who are long term holders of btc and they either never sold any btc to coinbase to convert to fiat and just holding it until btc hits their price target, do people like that not cash out big amounts at once when they are ready to sell?  Imagine someone who is a long term holder of btc and they either never sold any btc to fiat or sold only a tiny amount and then transferred it to their US bank account.



But then btc hits a huge price and now they want to sell a good portion of it.  Well if you are a coinbase customer for a while but you never cashed out any btc or only traded small amounts, isn't there going to be an issue if someone was to send some btc from their hardware wallet or trustwallet or electrum to it and then trade it for usd and then cashout?  Like imagine someone goes to transfer 1 btc to their coinbase account when their biggest btc transfer could been only $2000 worth from back then.  Then they convert it all to usd.  Then they do an ACH bank transfer to their US bank account or a bank wire transfer.  Isn't coinbase or whatever exchange they are using might ask them questions like how did you acquire this much of BTC for someone who never transferred this much btc to their wallet before?  And even if they did, they never ever sold it to usd so that would be deemed strange to them? 



Or imagine someone who have 1 million dollars worth of btc now in their wallet and they want to send it to coinbase to cash out.  But their biggest transfer to coinbase could been $2000 worth at the most or even $50 even.  And say the biggest amount they ever sold or converted btc to or from could be something like $25 only.  Wouldn't that person who wants to convert their btc to cash and then to their US bank account have to be careful to not send too much btc at once or trade too much at once or send an ACH or wire transfer back to their US bank account at once because coinbase or the exchange they could have an account in for years but never or rarely use it could flag them?  This is all assuming this person's btc is legitimate.  Would coinbase ask prove of your crypto in situations like this if they suspect something fishy?  However, couldn't they just check the blockchain and then there would be no issue?  The one issue here seem to be if you have lot of btc from back then or even now and want to cash out and never sent this amount of btc to coinbase before or sold this amount before, then you should do small amounts first and then go higher?  The thing is if these were the same amount or similar amount of btc you bought from coinbase many years ago and you had sent this to a hardware wallet or trustwallet or electrum, well obviously it wouldn't be fishy to them.  But if these coins are from where you acquired it from somewhere else and now sending it to coinbase to cashout and it's legitimate coins, does one need to be careful not to send to much or sell too much at once?

Exchanges are going crazy with their withdrawal rules and limitations. If your have large enough amount of BTC your should perhaps consider selling it OTC way? Here's an article which can be helpful: https://cryptonews.com/exclusives/otc-bitcoin-brokers.htm
355  Economy / Economics / Re: my experience of brick and mortar banking on: December 08, 2023, 10:00:11 PM
so i have been starting to plan out some finances ready for the run upto the 2025 ATH and the correction after. so thought its time to rearrange some bank accounts

i have not visited a bank branch in 15 years so my previous experience(though great) is outdated
i decided id actually step inside a bank branch and see what advice they give(seeing if they will pitch me some investment plans that are better than standard bank interest(you know up-selling their product range))

i was expecting a greeter at the entrance asking what service ill need to work out if i need a sit down adviser, or go to the cashiers desk or book a consultation..
..upon entering. no one

i walk around the corner to see what would be the greeter hiding away to the side playing on their personal phone.

i approached and got the greeters attention and got the greeting where they asked how they can help
i told them i want to possibly close some account, open other accounts and shuffle some money around

their first response was "you can do it online"
and my first response was "but my feet are standing right infront of you"

i think they got the hint and asked me to sit down as they walked off to get their corporate tablet.
they accessed my account and i started describing how i was looking for good interest rate accounts.

they with excitement and enthusiasm told me the accounts i was interested in changing were great interest rates (under 2% and under 1%)
i informed them that its 2023 and there are interest rates on offer by their own company of 4-5% which they should be promoting to me

they informed me i could go online and see what best accounts are on offer. and i repeated i am now sitting in a bank branch which i took the effort to visit specifically for the personal service of doing it in branch.

they reluctantly started explaining the accounts. how the 5% AER(annual) was variable. and i said i dont mind about future years as long as its 5% this year. meaning 100k now= 105k this time next year.
they explained no it doesnt work like that, its variable per month. to which i explained. no the A of AER is ANNUAL.., its simple math
5% annual equivalent rate is £100k in = 105k after interest in 12 months.

they didnt want to debate, so instead told me i can go online to find out more, and then moved the conversation to discuss a 4% that was "fixed for 1 year"
i said fine ill take it... set it up for me and then we can move some money into it straight away

and here is the kicker
the bank branch adviser said they do not open accounts in branch i would have to go online..

and so i made a great suggestion. they should resign if they cant do a banking job, they should close their doors and put a sign up in the window that says "go online" as thats really all the advice they want to give/offer.

..
i think the banking sector is ready for a downsize and to go fully online soon anyways.
i couldnt believe it, 2023 and a bank branch cant even open an account for someone standing right infront of them
and in the space of 7 minutes told me to go online 4 times

(i have no problem doing it all online but i wanted to see what the personal face to face experience was)
(i wasnt actually interested in 4-5% interest as most fiat would have been pushed into investments of better interest yield/deflationary assets)

Interesting story, I had a similar experience (also after a long break). But I was outraged mostly by the fees: my card expired so I had to order a replacement card and they told me the only way to collect it was at a bank branch. I had to spend like 40 minutes there waiting and they charged me a double-digit fee for that! And later it turned out it was possible to order a card mailed to your home adress for free!  Grin
356  Economy / Gambling discussion / Re: Most gamblers do not believe they can consistently make money, that's why... on: December 08, 2023, 09:01:23 PM
As you've read the thread title, I'll continue the explanation here, as it cannot accommodate additional text. I've come across numerous topics and posts where gamblers express disbelief in the idea of consistently making profit through gambling. It makes me question whether these individuals are truly involved in gambling or if they're posting without the real experiences and knowledge. Personally, I firmly believe that there are people who have achieved real success in gambling. What perplexes me is why many discourage gambling as a means of making money. Instead of outright saying no, they could guide gamblers with the right strategies on how to stay disciplined, enhance skills, minimize the risk of bankruptcy, and increase the chances of winning.

If you're someone who doesn't believe anyone can be profitable in gambling, you might as well consider yourself not welcome in this thread. I'm looking for people who maintain optimism about their chances in gambling so they can share valuable insights.

Now, let's hear your opinion. In 3...2...1... go!

It's definitely possible, but only under certain conditions: good examples are pro poker players and sports betting gurus. So in order to make consistent profit you'll need lots of experience, skill, expertise, talent etc. It's certainly not for everyone.
357  Bitcoin / Bitcoin Discussion / Re: Finally Bitcoin Devolpers planning to kill Ordinals and Inscription on: December 08, 2023, 09:56:35 AM
No, we do not.  We never did.  This is not a majority-decides-what-to-censor type of network, it is a censorship resistant.  Period.  I do not care about any transaction beyond mine.

In this case, the majority is clearly AGAINST monkey pics, only retarded token creators/buyers support them. And miners, for obvious reasons.  Grin

Quote from: Medusah
What is the big deal with allowing a fraction of the block space to be used for abstract transactions?  You are not paying for them.  You are just keeping them in your disk space, like the rest of the transactions.

Yes, but we came to the point when "abstract transactions" are allowing a fraction of the block space to be used for legit transactions! In fact, they're not! They're using up 120% of mempool themselves.  Grin

Quote from: Medusah
How was it called in the whitepaper?  Peer-to-peer something.

Giving up custody of your coins to third parties is not a natural part of the Bitcoin ecosystem. 

Perhaps, but they're not causing chaos on the blockchain by ddosing the shit out of it and they actually serve some purpose.
358  Economy / Economics / Re: You are the product. Corporations spying on us deeper than we thought? on: December 08, 2023, 07:04:46 AM
People accuse TikTok that are spying on everyone's device. Everyone doesn't realize that every app that we have on our own that we have permitted to that we don't seem to care about at all is spying on us.
They get our privacy and data that's sent to them upon downloading and installing them.
Everyone is right that we are their products and things that we're taking on internet for free, they are not really free at all because there's a consequence of obtaining them.
Maybe some people don't really understand when installing applications on their cellphones and allowing access to their cellphones so that they can find out about what we do on our cellphones. If we install dangerous applications and also allow access to our cellphones, of course this will be very dangerous. data that we store on the cellphone.

It will indeed be very vulnerable to free applications that ask for access to the cellphone we have and there is no guarantee for the data on our cellphone, currently there is nothing that is truly free in this life, of course there are consequences for what we have done. use and very few people are aware of this.

But what are "dangerous applications"? Is Facebook "dangerous"? Is Google "dangerous"? Google comes preinstalled on some or all Android devices if I'm not mistaken? And regarding access, I have already mentioned above: how can we not grant Instagram, for example, access to our cameras? It's kind of defeats the whole purpose of that app. 
359  Bitcoin / Bitcoin Discussion / Re: Finally Bitcoin Devolpers planning to kill Ordinals and Inscription on: December 07, 2023, 10:17:59 PM
This is not new. Bitcoin developers know how to solve Ordinals and Inscriptions issue and we have discussed this before on this forum when BRC20 surfaced.

Miners are making money from transactions and to solve this, a proposal might be proposed. If proposed in Bitcoin Improvement Proposal, did you think that miners will agree? Remember that miners have their own nodes. I do not think any mining pool will agree to this when they are making more money from transactions.

I will also say that bitcoin developers can look for alternatives means to solve this issue of transaction fee because Ordinals makes the use of bitcoin blockchain to widen. Some people that do not like the high fee are the ones that are now complaining.

If they are looking into the future and not living in a day they will accept this change. Yes, they will receive a bit less in fees today, but they will earn more from legitimate transactions tomorrow. This consensus is important because it will stop the monkey pic spammers once and for all.
360  Economy / Economics / Re: Is energy prices about to shoot up? on: December 07, 2023, 09:54:29 PM
Considering some of the biggest exporters of oil is not Palestine or Israel, I am not entirely sure how Russia paying Hamas would end up making USA have expensive gas prices.

It's clear that the gas prices at USA is high for two main reasons, one is the fact that they are not getting it from Russia anymore, so they are forced to wherever they could, and two.. well inflation is real for every nation in the world not just USA, we all pay a lot more for everything, a simple bread is higher too, a bottle of water is higher too, prices of things do not stay the same after hyperinflation, and that's what happened when USA decided to print nearly 4 trillion dollars, and not like they are ruined neither, even after printing that much money USA is still richest nation in the world, so it wasn't really a big deal, sure prices of gas went up, but now everyone can afford that, or at least lets say most people.

Basically the US are taking this missing oil from reserves. Unfortunately, the reserves are not unlimited (they have already reached the absolute low) so sooner rather than later they will need to resume buying. It's the waiting game, but as well as with the sanctions, they have no chance. It's absolutely useless and is not going to stop Russia. Already now, Ukrainians admit the amount of weapons they are receiving from the West is 3x less Russia is producing and providing to their military. Foreign aid has dropped 90% and reached the lowest since 2022.

Quote from: bitgolden
I think USA should ignore what's going on there, they are doing fine on their own, let people do whatever to each other, USA can stay strong without Ukraine or Israel anyway, help or no help.

Yes, I fully agree. They should forget that "world policeman" crap and start minding their own business, take care of their people etc. I think that post-Biden America is going to do exactly that.



 
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 [18] 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 ... 208 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!