Tesla initiated the last Bitcoin bull run? Rubbish. I saw this on Twitter yesterday. You can see it yourself: https://twitter.com/rovercrc/status/1754146791576985665?t=oYWn43cKg08NR--EAR3gDg&s=09Bitcoin was at $3800 in March 2020. It fall abruptly from $8000 to $3800 in just an hour or so and increased back to $5500 not quite long. 2 weeks to halving 2020, bitcoin was around $8200 and its price was not far from that after halving. After halving, bitcoin later increased over $19000 and fall back to $16900 or so. Michael Saylor, Grayscale, institutional investors and retail investors all played their own part as some people also continue to fomo. No Tesla until the price of bitcoin increased above $43000. Tesla bought bitcoin around that price and bitcoin price increased above $50000. Later it got to $63500. Before bitcoin get to $63000, Tesla accepted bitcoin for payment. Elon Musk later said Tesla will no longer accept bitcoin for payment and the price of bitcoin deceased below $46000. He later said Tesla will accept coin that is using 1% of bitcoin energy for mining. We all knew he was manipulating and only wanted to make people know about doge. He accepted doge. He only manipulated bitcoin price. Later China banned bitcoin mining and bitcoin got below $30000. Like 6 months after, bitcoin increased to $69000 which was the all-time-high of no Elon Musk influence as it was before. How is Tesla the cause of the bull run? It is just rubbish to praise what manipulated bitcoin price when it is even not what that started the bull run. Tesla's role in Bitcoin price fluctuations was over-exaggerated. In fact, I would say that Tesla had almost no real effect on the price. The ups and downs were mere corrections and Elon Musk never really believed in Bitcoin, he just loved the attention from our community and just really wanted to make it seem as though he is bigger than he really is. The man has a huge ego, in other words. Bitcoin has been gradually going up over the years. That is the most important factor. Years from now, Musk will be stuck with his worthless fiat that nobody will wish to accept anymore, and the rest of us will have his Bitcoin, that he so foolishly sold. I see that as a win. |
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There has always been a huge difference in the pay scale between the white collar jobs and blue collar or skilled labor wherein the later one put in more effort physically and do more hardwork than the earlier one.
Should there be market correction done for skilled labors?
Some will say that an white collar employee is more mentally drained out hence they deserve better pay but people who do menial job stop working the world will just rot as everything cannot be done but robots and AI.
It's sometimes sad to see how they are treated disrespectfully, be it a waiter, delivery workers, cab drivers, carpenter, or construction workers as they are the pillars and without them things will start falling apart. I know some of these can be automated but not everything.
I do not think we should be ranking fair job pay based on how mentally or how physically draining the job is. If there are too many blue collar workers, then obviously the job market will be over saturated and no boss will wish to pay anything but the cheapest rate. And due to blue collar jobs not requiring any higher education, basically everyone is qualified. Jobs that are easier to obtain get paid less due to the fact that almost anyone can do them. Too much competition is bad for job pay. The market regulates itself. At least that is how I see it. |
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Only risk what you can afford to lose. And we know that a gambler can only win big like more chances if they risk big so dont expect a lot if you only gamble a little. Sire there are people who wins big with smal bets but thats what luck does so dont lose hope
I think people often misjudge the amount of money that they feel it is ok to lose. Either that or they play until they forget themselves and once they realize they are in trouble, it is too late and all the money is gone. What the saying should be: only gamble small. As long as people play with teeny tiny amounts of money, they can have the same adrenaline rush of gambling but without the part where they doom themselves into a really bad financial situation. |
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In my opinion, the more time one decides to spend on gambling, the more money they lose. For example, if I spend like one hour gambling and another gambler spends like six hours gambling, which one of us do you think will spend more money?
I agree. I don't like people who say they have made a lot of money from gambling. I think that is a lie. Nobody gets rich from gambling. I only know that rich people gamble for fun and spend their money. So it doesn't make sense if someone thinks they can make gambling a source of income. That's very contradictory. So the longer you gamble, the more money you spend. I would like to say that I never spend my time gambling. So I think the best time for gamblers is as little as possible. And the closer to zero the better. Sorry if my opinion is wrong because I think everyone certainly has a different view. A lot of gamblers would rather lie than tell the truth because the truth is a lot more embarrassing. Who wants to admit that they lost more money than they won? It makes you look bad. People also lie not only to other people, but also mainly to themselves about the reasons that they gamble or the amount of money they have won (or will win). That too is just a result of the human ego. Obviously the longer you gamble, the more money you lose but as long as you only gamble tiny amounts, you can still have your fun without losing your rent money. |
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Every story you tell someone can either be a motivation or something to get them depressed. I have been thinking about this and I'd like to pass this advice to every serious gambler in this platform who has won a substantial amount of money from gambling, not to share their success story about winning to everyone and in every place. You do not know the story of every gambler, and on the face some gamblers may just look alright but in deep down they are in debt, some depressed due to addiction to gambling that is destroying them and has made them plan to quit. Your success story when shared indiscriminately may trigger and motivate this addicted gambler battling to stop to want to keep gambling, having the believe that their time is close. Be careful who and where you talk about your success in gambling, you may just be encouraging an addicted gambler to continue.
The less people know about you, the happier you will be. I think that is very true. At least it has been, for me. Most people will choose to exploit your weaknesses if it serves them. This does not go for ALL people, of course. But I have found it useful to hedge your bets against human nature. And everyone is differently affected and need different cures. So they are the only ones who know how to best help themselves. Success stories are great motivators though. That alone may also help people battle their addiction. |
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Look, you can be old and rich or young an poor, but being old and poor is bad shit.
A surefire way of doing the wrong kind of things is to spend your money early or try to live a good life quickly without thinking about the future. Or if you have an ok job or income to think that is enough, even if you cannot save.
All young people, understand that time an money are linked. It is not the same to invest early than late, it is not the same to invest more early that try to invest more later. 100 is worth 100 today, but 800 in 20 years if you play it safe but well. Make no mistake, you will need to start creating your wealth.
You just listed the reasons why saving will not really work out, in the long term. Something worth 100 today is worth 800 in 20 years. But you still have the same amount of money as you put into your account. That is not really productive. What would be productive is to put that money into something that you can hold and that something will grow in value, over time. I personally would recommend Bitcoin but there are other ways to invest. And there are so many things worth investing into because their value steady keeps rising. |
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As a member of a family and there is a gambling addict within, which method do you think it's the best to rip off the addict from your family member?
1. Talk to them and don't leave their side for too long, show them some love and make sure they don't have anything to do with gambling ever again, be soft and gentle with them.
2. Be harsh about it, force them to quit, let them know that gambling isn't this safe, bounce on them all the time because you love them, don't go any soft on them, because been soft won't make them see reasons why it's bad to be a gambling addict.
Which do you think it's best? Some people do think that been soft and gentle will be more effective and some people think that been harder on them is the real love here, they need to make them stop by force.
What do you think?
I think that talking to them, whether harsh or not about it, is not really going to help them quit. The only way a gambling addict, or in fact any kind of addict, is going to put themselves on the road towards recovery is if she or he wants that. External pressure will do nothing but anger them. Although you should be strict with them. Do not under any circumstances enable them by giving them money for their addiction. Addicts are well known to act irrationally. But that is just human nature. Some peoples problems are deeper than others. Everyone needs their own style of therapy to heal their wounds. |
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A wise man once said "Entrepreneurs are problem solvers" usually looking for new ways and solutions to both existing and newly discovered problems. So, the word innovation and entrepreneurship work hand in hand and cannot be put separately
Although the words business and Entrepreneurship have been used interchangeably they aren't the same. While Entrepreneurship has to do with the indulgence and bringing up of something new despite the risk, while, business has to do with capital and profit straight up. Here, you buy other people's products and sell them at a higher price.
Both have risks, but that of Entrepreneurship spells out risk itself. Even though I can't shake off the fact that entrepreneurship is simply capitalizing on People's problems to make a profit, I can say that entrepreneurship has positively helped a lot of people.
So, if you had the opportunity to invest your money into something would it be to start up something regardless of the amount of risks that come with it, or would you rather open a business or make a simple investment into assets?
I see entrepreneurship as something that is for the type of person who has no fear of the risks of moving away from what is considered the norm. The norm in this case being a full-time job and maybe some decent savings/investments. Creating your own income is very risky but it can be far more rewarding than "playing it safe". But I am not the type of person who likes to live as a normie NPC who only lives his life in a pre-drawn straight line. So obviously I would rather open a business and invest into different assets. And honestly, in many modern cases, having a regular 9-5 Job can be considered even riskier in the long-term. |
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Just as we have expressed our concerns about certain gambling advertisements serving as potential triggers, I have observed and I think that there are gambling proverbs or quotes can also play a role in influencing individuals. Look at this Chinese proverb, "If you don’t gamble, you won’t know how lucky you are." From this proverb, it can spur a regular person to explore gambling as a means to test their luck and become hooked. Also, the person who has been gambling will want to continue gambling while being hopeful that someday they would eventually be lucky and hit the jackpot.
What other proverbs or sayings could potentially act as triggers, enticing individuals to initiate or perpetuate their gambling activities?
I don't think I know many of the proverbs or sayings that have directly to do with gambling but I do know: "no guts, no glory". I have heard it used by people who wished to emotionally manipulate someone into doing something which they were too afraid to do. One could also argue that such proverbs/sayings could have a helpful effect, depending on who uses it and for which reason. For example, if someone just needs a small push because they are afraid to do something which would turn out to be good for them. So it really depends the context. |
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I think that by trading on my own I am just overtrading...I am looking for options to get trading ideas/trading signals etc to analyze those ideas and select only the best ones.
What options does one have to view trading ideas/signals from other professional traders?
It is really the argument that follows from "Give a man a fish and he eats for a day. Teach a man how to fish and he will eat for life". Same here. Except this is more about cryptocurrency and trading.  But you are right to worry about over-trading. Those trading fees add up to a large amount. A lot of traders, especially newbie traders, whittle away their money little by little until a very large chunk of it is gone. And why? Because they wanted to enter and exit trades out of panic or some other pointless reason. Trading fees are really silent money-eaters. |
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End-stage-capitalism, basically. Americans are going to be at each other's throats at the crescendo.
Yeah bruh, capitalisms is going to die...every century now You do realize you're here because you like Bitcoin which is the pure essence of capitalism, where the one with the cash buys and earns some more and the owe with nothing (no capital will be forever a no coiner just as poor as he was before? You are conflating the concept of money with an economic system (that I happen to disagree with). Bitcoin is a currency and even communist countries have currencies. I see no direct relation to capitalism. Tell me, how is it that Europe and the US both have free markets and yet in the US, there are no adequate safety nets for individuals who get into financial troubles? Is there really any excuse for charging a desperate, diabetic man thousands of dollars per month just so that he can keep himself alive, with medication that costs pennies to make? Or lets talk about the cash incentives for privatized prisons in the US to keep as many people as possible locked up? China has less incarcerations than the US and they have a population of over 1.4 Billion. Seems strange, don't you think? Why base your economic system on the concept: the greedier the better? That only makes sense when looked at from the perspective of a business owner who does not want his employees asking for more money (Although lets not talk about the concept of lobbying right now). |
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So, I watched a video recently where the guest speaker said, that if he gets the opportunity to advise teens in high school he would tell them not to study economics, and it made me scared because I'm studying economics. So, it was like... ' Did I make the wrong choice or something? '. Moving further in the video, I realized that what he was saying and explaining had already been said by my economics lecturer before.
"Economics is a day-to-day practice and is an easy endeavor made difficult for study reasons", he usually said. Watching the video to the end, I asked myself, "If I had the opportunity to go back in time would I pick another course to study? " And the answer was ..." No". And if I have the opportunity to advise any high school student about courses to choose... I'd say "Economics". The more people learn about even basic economics, the better the economy of countries.
So, if you had the opportunity to advise people about courses to choose In University, what would it be and why?
Worth studying? Depends on what you value most. The courses themselves have no value if you don't even want to study whatever it is that you think you should study. And trying to motivate yourself to study something that you are not interested in is extremely hard, basically impossible (It is like swimming against the tide compared to swimming with it). The thing that you are most interested in is your source of motivation for studying. Grab on to that and keep growing. Everything else would be a waste of your precious time. |
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When I saw a survey indicating that the majority of voters chose the player that only a handful of experts expect to win over the player that has proven to be more dominant, it blew my mind.
I am talking about the boxing match between former champion and big star Anthony Joshua and mma star Francis Nganou. However, I remember not long ago I refused to place a wager on Real Madrid because I desired Girona to win La Liga. In addition, wagering against the Los Angeles Lakers when matched with the best NBA teams is difficult for me.
I want to find out if there are individuals like me. What percentage of the gamblers in Bitcointalk are wagering and not wagering to their dearest star player, club and team?
So far, 0% of people seem to mind wagering against their idols. Totally understandable. I don't make emotional decisions when I wager against my favorite player or team just because they are my favorite. It takes more than that when I see a nice wagering opportunity. It seems only logical to me that one would choose money and logic over emotions and fantasy.  Although I would probably not tell people that I wagered against my favorite team or player because it would make me seem unfaithful and I would rather avoid that social pressure. |
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I really do not know how anyone has the time to type any kind of conversation of meaningful length with a mobile phone. They would take much longer than if they were using a keyboard. Or perhaps is it just me who types slowly on mobile phones? I mean, the screen is quite small.
Mobile phones are not really suited for things like forum websites. Although that being said, I do use my mobile phone to check new replies made to my posts. I use the telegram bot "Bitcointalk Super Notifier v2" - Everytime somebody mentions your username, a notification pops up in a on telegram. It's neat.
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Hey, guys! Are any of you emotional gamblers who often lose because you can't control what you feel? When you lose, do you tend to double your bets or chase your losses, driven by a pride that can't accept defeat? Do you consider this a problem? If so, has anyone here been able to solve this kind of problem themselves, and if yes, how did you do it?
I have this problem, and based on my personal experience, I find that sometimes I get challenged but not too greedy because I don't have a problem quitting when I'm winning. However, when I'm losing, that's where my struggle lies.
That's why I shared it here; I feel that some of you may experience the same challenges, and I'd love to hear your ideas or experiences on how to win this battle so we can enjoy gambling.
Emotions will only get in your way. When it comes to gambling, you should be clear-minded and have risk-lowering strategies ready before you even place a bet. I try my utmost best not to let any of my emotions sabotage my gambling-risk-mitigation strategy. Because emotions can really get in your way and anesthetize your logical thinking. Before you even know what happened, all your money is gone. That has happened to many (if not all) gamblers that I personally know. Hell, it has even happened to me. We are all only human so it makes sense that we cannot protect ourselves against that. |
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Not a day goes by without a tech company announcing major job cuts. Today Paypal and Block (both payment service providers) have announced a total of 3500 job cuts, and recently Salesforce, Microsoft, SAP, Google, Ebay etc. have also done so. According to https://layoffs.fyi, 25,000 documented tech jobs have already been cut this year. What do you think? Is it just a shrinkage and normalization after the strong build-up of the workforce during Corona or a long-term trend that will accelerate through the use of AI? End-stage-capitalism, basically. Americans are going to be at each other's throats at the crescendo. But that is going to be interested to watch for the rest of the world. But ultimately in the long-term, AI will bring more jobs than it currently is taking. So I do not think that the major job cuts have anything to do directly with AI. I think it is regularly just cutting corners wherever and whenever it pleases the stock holders. Market conditions are as uncertain now as they have ever been in the past. Even more so, looking at the world situation. I guess the companies you mentioned are preparing for shrinkage, if anything. |
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Hello everyone, since May 29th, 2023 I have not been able to access my account in BKEX Exchange because the exchange has blocked all trading for all customers. To date there is no information or update about what is happening with our money and whether we will get it back one day or not. I think we would be cheated. There are supposedly companies on Twitter that can restore the coins and transfer them back to the responsible victims. My wife is it possible and can these people be trusted? Has anyone ever heard of this company TECHGUARDFORT SERVICES (Twitter: @Techguardfort3)?
Centralized platforms like exchanges should be avoided like the plague. Either they turn out to be scams or they find other ways to lose/steal your money. Just look at the never-ending drama of scam exchanges and "wallet hacks" in the last 15 years. Anything centralized is liable to become corrupt or hacked, sooner or later. You should never use a centralized service like a CEX, if possible. Always make sure you have the sole custody of your money and your wallet. As long as you follow that advice, you will be fine. There is no way someone could steal your money without gaining access to your wallet. But as long as you use your brain you can stay safe from all scammers and hackers. |
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I have been in a dilemma for some time now. Do I invest Bitcoin or I will start binary trade. I could not understand anything. Sometimes I feel like doing binary trade. I think that if I don't lose it, it goes around in my mind. But I did a lot of messing with Bitcoin. And read many websites and articles. After seeing everything and I have been around in the crypto world for a long time. I have experience on Bitcoin because Bitcoin 2022 was priced a lot. But now 2023 he is going to Bitcoin and at the beginning of this 24th and I am growing. For that I ask you for feedback if you give your valuable ideas then what is better for me because I have been in conflict with Aibitcoin and Binary Trade for a long time. But in many places I see that I have people and some they are making a lot of money.
This is the first time I heard about trading Bitcoin Binary Options. In fact, this is the first time I even heard of binary options. One of the first google search results that pops up when I google binary options is a blog warning me about binary trading scams. After a bit more research, I understand that binary trading is basically guessing that BTC reaches a certain price by a certain time or you lose all your money? Sounds exactly like gambling to me. Basically it is trading with derivatives but with an even riskier category of liquidation.  
Hodling is 100% the better option.  |
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~snip
5. Gambling Community as Support
When things go tough, some people become shy to ask for help and to seek for suggestions. But the more that you are hesitating to reach out, the more that you have to do it. Gambling community such as this forum can help you in various ways. You can always ask in different threads, share your story, and seek for possible choices and things to do. Getting support from fellow players can help ease your burden. Some people may encourage you or discourage you from doing something which can widen your perspective on how you will view your present circumstance.
Are you sure about this one? I mean, I completely understand when people try to help, who know what you feel because they experienced the same thing that you are currently going through, but their help is usually a double-edged sword. Many of them could have a warped view of the entire situation due to gambling addiction. So they might end up enticing you to go back to irresponsible gambling practices. I think going cold turkey on everything about gambling (especially the community) and distracting yourself with something else that is in no way connected to gambling, might be a better idea. |
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This is another form of scam I've seen being promoted heavily.
So if you have even the slightest interest towards sports, you're likely to follow some teams' or atheles' social media accounts.
Instagram tends to freely share your personal information with "advertisers" which often just means scammers.
So this scam is often targeting sports fans through Instagram and Facebook.
And if you or your friends follow something related to gambling or sports you're likely to be targeted by such ads promoting this scam.
So let's examine what this scam is about.
If you click into an ad promoting this type of scam, you'll be prompted into a Telegram channel where supposedly information about fixed matches is provided.
As you probably already know, scammers love telegram.
The room will be populated with a long history of highly polished messages about supposed information and past success stories.
However, what matters most is the most recent message in the channel.
This message will mention the exact score of a supposed fixed match.
What's the catch?
Well... This match doesn't exist. Perhaps the teams will sound a little plausible, but then they will say [U23], which means that you can't bet on such a match anywhere.
The whole allure of this scam is to actually put your money in THEIR recommended bookmaker because it's going to be the only one accepting bets on this otherwise fictional match.
And then you'll be met with the harsh reality that this bookmaker only actually takes deposits, no withdrawals!
The above is a rating someone left for this fake bookmaker called SpaceXlife. It appears that this scam operation has been running for 2 months.
Probably once the scammers feel like they've made enough they'll just switch to a new name and website.
All this might sound too obvious to you but people unaccustomed to online gambling could easily fall victim to something like this.
It's sad how social media has made the process of scamming so streamlined actually...
Thanks to OP for bringing this issue to the attention of the Bitcointalk gambling community! Good job! We should all be made aware of scam artists and their strategies of stealing money from us. But, that being said, I do not think that any rational, experience gambler would be dumb enough to get tricked into believing in the myth of fixed matches, or better yet, groups which regularly have tips on fixed matches. It just is not realistic. I am no newbie when it comes to gambling but this is the first time I heard of such a scam (Although I would have suspected it being a scam the moment I read the words: "fixed match" and "telegram". But a newbie gambler might fall for it. And lose all their money. |
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