Sorry about that, even the most calm and cold minded person can fall to a gambling spree. It is curious how psychology works... firstly you think that 1000 is not much and you need much more to make a difference in your life, but you know that betting goes both ways and if you loose you feel that you have lost your one shot to improve your financials, so you borrow.

If you are unlucky, which is what gambling is designed for, you will progressively convince yourself that you have to borrow more and become more sunken in debt. Now it is the time to work yourself out of it and unfortunately this is a hard lesson. Thanks for sharing.

Old news do not make headlines. The price of BNB is already discounted beyond any reasonable surprise I am afraid. I would rather have a short position on it, if that were possible at all, because, as it usually happens in crypto, everything good that could possibly happen seems to have been already priced in by the market. I would not be surprised if Binance were actually manipulating the price and that becomes known one year from now.

Recuerdo a Zuckerberg no queriendo vender Facebook porque era "una gran idea" y porque quizá no tuviera otra igual de buena mas adelante. Sabiendo q lo mas probable es que la robara en primer lugar, esto revela que se conocía a si mismo bastante bien.


(si, interesante manera de escribir los numeros... mala ejecucion


Sin embargo, la gente que ha estado en el negocio de la creatividad suficiente tiempo te dira....

La idea es el 10%, el resto es la implementacion, el trabajo y la suerte. - Guy Kawasaki. (Guru del marketing)

To me, ideas are worth nothing unless executed. They are just a multiplier. Execution is worth millions.
- Steve Jobs

Para mi las ideas no valen nada salvo que se ejecuten. Son simplemente un multipllicador, la ejecucion vale millones.

The question is born dead. Currency is about having a common agreement on the value it represents and confidence in being able to exchange it for good and services, being able to exchange it for another form of currency and having the backup of a large community. Having such a thing as personal currencies is just not possible.

However, if you want to theorize, some of those coins, backed up by the work and money of the people considered more worthy would be valuable and most would be just sh*tcoins. Does this sound familiar?

On this forum the Winklevoss are mostly know for their early investment in bitcoin, although figures could be more or less accurate. However, for the rest of the world they are better know for having actually invented "ConnectU" which Zuckerberg stole (allegedly) to create Facebook.

It just seems that the bitcoin assets are the consolation price compared to Facebook, aren´t they. Anyway, these two guys seem to be also investing in startups. It justs seems that some people are able to generate many good ideas and simply have good criteria for investing, packed with having studied in great universities and having the right financials for starters.

Una cosa es ofrecer una rentabilidad y advertir que eso es en el mejor de los casos y tal. Y ciertamente bitcoin ha tenido un 200% anualizado en los ultimos 10 años (si alguien quiere hacer el calculo para 1000 euros adelante

La estafa se produce cuando se aseguran rentabilidades - ni siquiera los bonos de renta fija aseguran nada. Las empresas quiebran, los paises van a la guerra, quiebran y el próximo COVID vendrá cuando venga. Lo que nosotros podemos hacer es contribuir a educar financieramente.

I do not feel either good or bad about how I give merit. The only criteria is that the post must be of quality, helpful, well-thought, etc. The thing is that people who give merit are usually those that also do good posting, and that is possibly why they have merit to give away. I also run through some postings story often, as some members tend to give consistent quality and great information.

I certainly do not feel obliged to it.

I do understand that it may look like exchanging merit, but it is not. Nobody ever asked me to merit back nor I sell or otherwise trade with merit. If anyone considers that I overlooked their posting they can drop me a line and I will happily review their posts.

Also, I give plenty of merit to people who do not merit me or even disagree with my views, even across full threads and even the threads that I start which may look like incentivising, but again, it is not, it is simply because I do bother to read the answers and it is inevitable that I will find posts that are good enough for at least one merit and sometimes many of them.


I am strongly against any limit per user life, etc... There are two particular users that I am aware I am meriting a lot, but they have earned every point and I am willing to defend any merit I have ever given. Except one time in which I accidentally merited with the trailing default 0 by mistake.

I am of course happy to consider how to reduce merit abuse, other than the existing 50 maximum per month to one user, which by the way i reached once.


Unless one of the cycling members is a merit source, the merit decays (you get 2, you give 1). If they just cycle, it won´t go far.

The problem is that doing a proper merit control job is a huge task. You would actually need to read the posts and find clear examples in which a shitty post is merited clearly too much.



I have found numerous posts that deserve much more than 2 merits. If limited, it would not make sense to make great posts that do require knowledge and time and thus are worth more than 2.



That is exactly right, people who post quality tend to do it often and consistently so is not only that make meriting easier, it is also that they are worth being read. And +1 on your view on using common sense and do not abuse same-member merit and back-meriting.

To be honest, Wall Street predictions are crazier than ever and particularly crazier regarding bitcoin. Seriously, they have prediction spreads of x10 between Morgan, Goldman and all the rest of the so called investment experts. It is quite unusual to see these people diverge so much and my take is that they are absolutely confused about the whole crypto because they do not have the usual sources and methods that they use to deal with companies and other resources.

He (she) who hasn´t been ponzied, scammed and lied to in the crypto world shall throw the first Satoshi. Just like that, if you come new and fresh your thoughts are likely to be, in order:

- I do not understand any of this.
- Seems that bitcoin price is ATH, I am too late.
- Oh, there are altcoins.
- Oh, this altcoin is awesome
- Oh, I bought a shit token and lost 100%
- Oh, I got scammed on this project.
- Oh, I am quiting.
...

- Oh, bitcoin is at ATH.
- I am buying bitcoin.
- I got it wrong, bitcoin is down 80% I am selling.
- Oh, bitcoin is back to ATH... I will wait.
- Oh, bitcoin is not dropping... I am buying again.
- Oh, bitcoin dropped... this time I am holding.

So why don´t you just skip to the last step?

Are you aware that that eye-opening supernew and supercool narrative was the Middle Age narrative in a twitter feed? Nobody is telling you how to live your life, so just stop telling others how to live theirs.


The rule of law is not a concession from the men to the women and equality before the law is not the rule of Darwinism.


I think that there is no need whatsoever to classify, that sexual identities are not a thing and that everyone should be free to do whatever they feel as long as there is mutual consent among all the parties involved.

The whole debates makes little sense. I am tired of being fed with news about women doing stuff because I already know they do and can do stuff. Yes, everyone should be equal before the law, have the same opportunities and perhaps some gender discriminatory legal protection and perks if that is needed for their safety and progress. I do not need to hear about it, I do not need to hear "superstraights" crap on how superior they feel nor how gays like to do stuff on different holes or play scissors.

On a modern society, this should not even be a debate. Zzzzzzzzzzzzzzzzzzzzzzzzzzzzzz

Oh, and yes I know, in half of Latin-America, large bits of Russia, many Muslim countries and the best part of Africa and in the US Bible belt they still live in the middle ages on this aspect, so all I ask is for them to keep their shit to themselves.

The ownership of gold was banned by Roosevelt in 1934

 
https://en.wikipedia.org/wiki/Gold_Reserve_Act#:~:text=The%20passage%20of%20the%20Gold,restricted%20gold%20ownership%20and%20trade.

It is easy to see those cases of tokens that went great, but it is very difficult to see them before they actually do go up. There are several problems with investing in small exchange tokens:
a) You have large exchange tokens that are safer.
b) You have to catch the exact peak, because they rise and then drop quite quickly.
c) Liquidity is a problem. Some tokens have a big price but only a few 100 may be exchanged at that price.

And many other issues also appear. Just try to stay safe and learn to tell hype from truth.

It cannot be the next ethereum in all aspects that is for sure. A privately owned chain is designed to serve the business (Binance) primarely and take into account the need of growth and profit of the company. In a sector such as crypto, which, in all honesty, there is a lot about hype, having a company controlling the projects and encouraging development leads to creating solutions to problems that do not exist and will not exist ever.

Having said that, either the Ethereum project goes to a lower fee scheme of working (typically staking) or BNB is going to be taking their share. There may be a point beyond which it may not be able to recover.

You should definitely dump quickly any project if you are not 100% - and I mean 100% - sure that is super-solid. This means that you would not take part or dump immediately after listing 99% of the tokens. The key to profit from ICO is to cycle your money as fast as possible, e.g. is better is you can make 10% every day as opposed to making 100% after four years.

The only exception is if you got in at a very attractive price in a project that has an outstanding team.

The overall context here about China catching up in GDP with the US and the US being each day more limited in the resources to answer this threat. And yes, it is a threat to have a large rival exerting strong soft and hard diplomacy that is not aligned with your interests.

This race, that China seems to be on its way to win despite the imbalances and government methods used, cannot be won by the US doing the same things. As someone said "it is stupid to expect different results doing the same things". I think that Biden´s plan is long overdue for the US. A clear bet on growth to really "make America (the US at least) great again" and so on. However, the effectiveness will be very dependant on how this is really spent and if it is channelled to productive investment and not helicopter money.

More taxes, more government spending, more debt,... Does anyone doubt of the effect this is having and will have on bitcoin price?

Again, a post about an alternative investment, for those who want to have something apart from their bag of bitcoin. If you have considered investing outside the cryptosphere, you probably thought about buying real state and, unless you have quite a bit of assets or you live in a country that is cheap, you probably figured out that it requires significant investment (technically this is called "barrier to entry").

Well, there is a simple way to invest in real state and this is called a REIT, basically funds that invest in real state and usually give a large share of any rent profit as dividends (by law). The amazing thing about these is that you are not limited to one region or country and you can invest in a variety of real state assets, for example:
- Houses
- Care homes
- Prisons (yes, you read it right).
- Office space.
- Retail space.
- other...

Also the barriers to entry are really minimal is most of these. So, there you go, another option.

I agree with many of the posters here - bitcoin is not really a global currency and it is not really liquid and cheap enough to transfer to make it so. However, it could potentially become the world currency for medium to large transactions as the fee in those cases is less relevant.

What is sure is that it is becoming some short of an insurance in case the fiscal policies or economies of certain countries are irresponsibly managed. The rulers and lawmakers should be fully aware that their population may choose the bitcoin alternative if they go wild in the monetary policies. Venezuela, Iran, Turkey, Nigeria, Myanmar, ... there are clear examples, this is not just theory.

This has made the news, but it is even more interesting the fact that Jeff Bezos, one of the persons who could benefit the most from financial structures around the world, has actually stated that he supports the proposal. Since people rarely want to give away in taxes more money this leads me to think that either he is sure this is simply not happening or that he knows how to avoid it anyway.

Anyway this is not going to happen. Even Delaware, which is actually the home state for Biden himself, is at all effects a tax haven.

Nice to meet you Captain-after-facts. It is amazing how some people are so accurately able to predict the past. Why don´t you try with the future, is much more difficult but you will probably find it more rewarding if you are good at it. Most Alts were crap, so even if you were able to catch a decent one, chances are that your investment was small due to the risk involved. I do not see many "Havven" millionaires out there... other than their team that is.

Guys, mostly old news in terms of crypto. This is moving fast. The main thing is knowing that finally the mainstream payments have figured out that they are better off joining the crypto than trying to bring it down, calling it tulip-mania etc. There are now enough bitcoin millionaires or bitcoin "well-to-do" people to be a force to be reckon, and also the dudes on the street are sufficient to make sense of a crypto implementation. I assume the next step is to try to take over bitcoin politically and  try to influence the news and the development direction.