It has been said that Sumo, the Japanese fighting sport is not as clean as it should be. Apparently, in the maximum cathegory - short of a premier league - there is tendency to let win those who need to win in order to remain in that cathegory. This was studied and mentioned later on a book called Freakconomics. An article here-
Do you feel that knowing that a sport may be rigged you could actually turn it in your favour?  |
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This is betting 101. It is not only people recommending martigale out there, it is also that they tend to mix it with other betting systems that are probably as useless - to put it softly - as this one. Doubling the bet does not work in math, does not work in practice and anyone who still holds a doubt about it should play some simulations with monopoly money. As said in the post, not even without betting limits is there any merit on it.
The issue is that is seems kind of intuitive to double the betting and that is why someone might be convinced.
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It will be difficult to make other Arab states to follow suit with those things because as I have said Islam is a strict religion. Maybe we can see that kind of thing from happening someday but right now, I don't think that it will happen anytime soon.
Everything depends on the interpretation of the Islamic laws. When the Sharia law was written down, there were no casinos around. ... Where did you NOT study history? Gambling places and casinos are as old as humanity. And I even more surprising news from you, human life started way before Islam existed. Amazing isn´t it? The old Romans even had an specific goddess for luck - "Fortuna".  Islam is no more strict than any other religion, it is about how people have decided to follow it. The rules of Christianism (not to mention Judaism), are as strict and in fact were implemented strongly a few hundred years ago. It is just that people decided that there was no point on it, that is simply better to follow the principles because religion was used simply as an element of state power. Does that sound familiar? |
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Any market manipulation and limit setting is bound to create flawed and inefficient markets. These are usually destroyed by the competition of fair and effective markets with adequate price discovery mechanisms. I do not see why anyone would like to participate in a market such as the one you are describing, since it does not allow them to choose the price to pay or the price at which they are wishing to exchange.
There have been quite a few experiments like that, including rent controls and the like.. it tends not to work in the long term.
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I believe CBDCs will be accessed through browsing phones or computers
Once the gatekeepers have granted you access. And given that they'll be the same gatekeepers who are currently keeping people unbanked in the current legacy financial system... I think that it may be quite different actually. Commercial banks are there to make profit and they will avoid anyone that looks more of a problem than a profitable customer. However central banks may have political objectives in mind that could potentially help the unbanked since they do not intend to make a profit, or at least a profit in the way we may understand when thinking of a traditional bank. There may be some gate-keeping, but it may not be like the ones we currently know. For example, there were no micro-credits until someone decided to start giving them - eg. in India - and they worked wonderfully. |
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Una de las grandezas del bitcoin es que tiende a poner las cosas más difíciles a todo el q intenta poner fronteras al intercambio y a la creatividad humana. Por supuesto, el gobierno en Cuba cae dentro de esta clasificación desde hace muchas décadas. Efectivamente, por muchos motivos, los cubanos que aun siguen en Cuba pueden beneficiarse enormemente del bitcoin.
Quiero q esto q digo no se interprete como una crítica particularmente dirigida al PCC, creo q en toda centroamérica existen regímenes q realmente no funcionan para los ciudadanos.
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There won´t be an alt season unless there is an even stronger bitcoin season. People are a bit tired of side projects and they have seen how bitcoin can give returns of x10 in a few years. it is very difficult for alts to compete with that. Even those that do a x4 or x5 in a few weeks are rare and do not have real market depth to be meaningful for a sufficient number of investors. The alt-season if ever occurs would take place much later 2023 and later.
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I wonder what really makes coin or token successful in the markets and the reason for this is because a lot of people state reasons like
"how good the project is, what the idea is all about, team etc)
But the truth is a large percentage of investors dont understand this technical terms when they read it and for all the claims of good team members, no one can really know how good a projects team is until the project progresses
So this makes me wonder what makes some projects instant success and gives them immediate acceptance from the cryptocurrency community
The team is super-important. In this space, a very important quality, beyond the technical ability of the members, is simply honesty and compromise. It is very difficult to measure and you can´t get into other´s brains to see their intentions. Just notice that potentially a team could do nothing and have a nice lifestyle with the investments and there is no legal claim that can stand a chance of success since they would only need to demonstrate that they have tried to do something... A good way to understand a project is to research the past works of the members and such... but that is far from the means of the average investor. |
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Hi, be very careful because not all NTF are created equal. No, you can´t "earn" someone else´s NTFs just like that. You basically have two types of NTF - those that will give you exclusive access to a digital asset (could be as simple as a in-game item or as complex as the access to an account) and NTF´s that are proof of ownership but do not confer any particular rights to anything. In my view the second cathegory is worth exactly zero and the first one is just market value linked to the use.
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Nope, that address does not belong to anyone and as you own thread title suggests, its purpose is to send the tokens to a place in hell were they burn for eternity never to be seen or moved again. So, yep, that´s just burnt tokens or even tokens that people got angry at and sent there  sometimes this happens with tokens that are airdropped to any address and it basically serves as a trash can. |
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I have taken the decission of accepting only projects that pay in bitcoin. I have been campaigning for a number of projects for quite a few years, including doing translations and the like. It is just impossible to find good projects, you get paid only 1 of every two and even that one is probably such a low amount by the time you get the bounty that rarely makes your effort worth. If you have a project and you believe in it, pay in bitcoin.
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May time we forget that there are millions of people out there that do not have access to any type of banking. I am speaking of millions that do not geenrate a recurrent income, do not have access to credit and have their lives quite limited for that fact.
One of the possible advantages of having digital currencies that are recognised by strong central banks and can be moved digitally is the possible access of all this people to a system of storage, exchange and maybe even credit through the digital official coins. I can only begin to imagine how huge can be the economy enabled by these initiatives if bitcoin alone has already taken a preeminent place in a few countries such as Nigeria, Myanmar, Venezuela, ...
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It’s the best financial advice, covid is the marketing keyword to remind you, if you don’t spend every last penny in the wallet, you can never have a chance to spend that again. Spend until you drop you plebs!
I used to think like you. However I have changed my mind. I am not interested in money for all the niceties that can buy me, I am interested in building a present for those who will come after me. I am talking about building generational safety, wealth and education. Something that can actually transcend my own life and create a different future. I think that it is ok to buy yourself some temporary happiness of status with you dough... I would rather create something lasting. |
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How would you define what is to be "rich"? Is it about having enough for living or is there something else that you would be looking to accomplish to be rich?
I still can't believe that some people have such high expectations about rich. I mean not having to deal with economical problems in your life is more than enough for me to consider someone rich. I do not mean yacts and buildings or whatever, I mean literally not having any debt and living a regular life, nothing to envy, just a regular life, maybe a decent house, nothing fancy totally regular and unnoticeable house, not a shithole neither but a proper at most 20 year old apartment flat would be more than enough, even in the most expensive nations that is like 100k to 300k (except very very expensive cities) and if you have a car and can get a new one once every 8 years or so, and not have any debt while living a probably frugal life like not spending too much on things but not having any problems if you face any emergency, those are good things and 99% of the people in the world do not consider that as rich, I think that's rich. That is kind of rich, because you are living well and within your means, however you still depend a lot on working and if I am reading you right, thus you do not own your own time. So that compares well with people who live in a shithole, have less income that adequate, do not have a good means of transport etc... I guess that I want to say that this is not rich for me. It requires a degree of independence and freedom to enjoy your time, not necessarily buying expensive stuff. |
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There are many different countries in Africa and their are not all the same for sure, but I reckon that is a beautiful and very fuc*ed up continent. The people in general are not ready for self-government due to the low educational levels - again in general - and the world powers are basically fighting over who takes more resources out of the people´s hands in many places. The only option left for many is to scape or join the regimes.
The only thing that I think would help is if Africans that live in western or powerful countries demand help for their nations and I think the first priority would be education and safety.
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is it possible to calculate the amount of old school money needed to pump up into bitcoin to reach 1.000.000 per BTC. which factors are the key? and is it possible to say how much money has already been pumped up into BTC? not relatively but absolutely ( IN minus OUT > ammount in the system at the moment)
No it is not. The fact remains that most of the bitcoin is a reserve, this means that you can potentially move the price with a relatively low amount of money for a relatively short period of time. That is, a classic pump. However, that price would not stay there as many would be ready to sell huge amounts at that price. If you want a guess-timate, use the average volume of bitcoin traded per day and mulitply that by 1M. Even that figure is not accurate as many transactions are just bots creating market. |
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I think most of us would rather not have had COVID. It has been devastating for many economies and it took a bad toll on people. However it has had some side benefits (some may argue that having Trump removed for now may be one of them, LOL). I am talking about the digital revolution that was already taking place, yet still had some bumps along the road to occur, and has been forcefully implemented by many companies that required their people to keep on working. I am also talking about the immense number of new influencers and subscription services that had increased their adept several times-fold. All this would have taken ages otherwise. demand for services that can be performed remotely or provide solutions to the challenges of reduced personal interactions, such as information and communications technology (ICT), and deliveries, has increased significantly. In a span of three months, the pandemic has resulted in a 63 percent reduction in demand for hotels, while increasing demand for ICT by a comparable rate A source on the matter. |
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What do you mean by booming and what do you mean by not seeing it? Should I remind you that most indexes are up more than 40% from their bottom in march 2020? People are well aware that while the COVID took a toll in lives and killed companies that were already zombified, it also advanced 10 years into the digital economy and remote working. Most companies that supply these services have made and incredible profit, including Facebook, Microsoft, Apple, Goolge... not to mention specific meeting technologies such as Zoom.
Of course there is a boom.
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There are quite a few announcements of bitcoin and cryptofunds. As I said many times when people questioned if Wall Street would adopt bitcoin or the investment institutions would like to take part, they will do as their clients say. Even plenty of 2018 and 2020 are hype, it is a hype appreciated by the large wealth owners across the globe and that is something that investment banking never ignores. https://bitcointalk.org/index.php?topic=5304479.msg56764940#msg56764940 |
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Bitcoin is always there for anyone who does not trust their country or other countries monetary policy. It works the best in cases of hyperinflation and that is clear if you look precisely at who is trying to ban bitcoin or putting ridiculous sanctions or penalties for those who try to use it.
A different thing is to be able to take down a government. That does not only require freedom of currency and freedom of capital movements, it also requires cutting off the weapons supplies, changing the minds of those who hold power and sometimes of the whole society.
Also, we could even consider bitcoin can help authoritarian regimes as it could help them move capital in the same manner as they allow people to do so.
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