Bitcoin again created a new ATH albeit narrowly at $70,083.05. What is happening is to be expected. When the price approaches resistance like this, the moment it reaches the figure it goes back down because many sell orders are triggered. But I am an optimist and I believe that the buying pressure will make the price go up like crazy very soon. Next stop, the $100K (although it is not going to be a straight line from $70K to $100K).

I occasionally use Bitcoin ATMs without KYC to sell small amounts of Bitcoin. They are easy to use, and fast, and without KYC it is worth paying the fees. Basically every time I use them I think that maybe this will be the last time, as I think it won't be long before they impose KYC 100% and then I will stop using them.

Well, no, it hasn't been. In open societies that allow private initiative to drive the economy, have a strong legal system and low taxes, the distribution of wealth has been mostly a result of the effort, talent and dedication of each human being. Those who speak of an injustice in the distribution of wealth dream of totalitarian regimes like the USSR or China in the 20th century. If we want more recent examples, let us look at the example of Venezuela and we will see how this tale of redistribution of wealth ends.

All this without taking into account that those who talk about this bullshit consider wealth as a pie, as something static, instead of something that is in constant movement, that is created or destroyed, so that global wealth has risen enormously in the last two centuries, just after enlightened people like Marx and Malthus launched their apocalyptic messages, so that everyone is richer than 200 years ago, rich and poor.

Very early on I kept a closer eye on it and even went so far as to use self-exclusion tools for 12 or 24 hours to make sure I didn't gamble too much and thus also forced myself to check my game during those hours when I couldn't play. But from a few years now it's just routine, it's like a part-time job that gives me a little extra money, and every year that goes by I play a little less. So, no problems in that sense.

Lol.

I think you overcomplicate your life in this regard. You don't need to give him 50 merits every time you can, nor prohibit yourself from participating in his campaigns. Although obviously as an autonomous person and merit source you can do whatever you want. But I see all this in a simpler way, and I will not repeat what I have already said about icopress postulation in previous posts in this thread.

In the case of the members of the Stake campaign, I would say that they excel in what I call pseudo quality. It is very typical to see in the Gambling Section responses by them on page for example 47 of a thread in which they drop three long paragraphs that have something to do with what they are quoting but in reality are pure verbiage that passes just enough in most cases so that a moderator does not delete their post if it is reported and the manager pays them for the post. There are honorable exceptions within that campaign, but I think it's mostly the payment system they have that incentivizes that.

I see an underlying assumption here that I don't agree with: that tomorrow everyone will be using Bitcoin, so let's see how much it would cost if we split it evenly. I believe that in the future the majority use will continue to be, as it is today, as an investment, as an enhanced digital gold. And, since not everyone has investments and not everyone has gold, I think the same thing will happen with Bitcoin. In addition, as with everything, there will be people who will own and others who will own less, as happens now.

Well, first welcome to the forum and congratulations because this seems to me a decent poker project, compared to others I've seen in the past on the forum, and also the policy you are defending seems to me laudable.

The problem I see is that no KYC can lead to collusion, which is the main danger that online poker has for individuals. Even in rooms with KYC people try to make collusions and the big ones have a whole department dedicated to investigate it. Added to that nowadays is the use of AI bots, which are not as bad as the bots of years ago, which were very predictable.

So I wish you luck and if I see that the room lasts some time maybe I'll play some bucks to see how it goes, but in general I only play in fiat sites.

You don't see anything unusual here? Because I do. To establish as a general category without exceptions that no campaign manager should be merit source and then give icopress 50 merits as often as you can I see it contradictory and even a bad use of the merit system.

What is the reason why you are giving 50 merits every time you can? Because it should be for his quality posts.

I could also read here that you are using your merit source status to not close the doors to icopress hiring you in the future because of the position you express here.

Not only campaign managers can have a potential conflict of interest if they are appointed merit sources. Campaign participants, like you, do too.

I wouldn't be surprised if you two are the kind of people who usually post on this board but really don't gamble. People who play skilled games like me can play every day, as long as they are not tired or stressed because if they have an edge on the game, betting long term will bring them profits. On the other hand, it is nonsense that someone who plays casino games, which have an HE, playing every day will bring him something positive. If he has enough money and does it as entertainment, fine, but if he does it as a "strategy" to win money, he does not understand anything. And on this point I agree with you that gambling is not a good strategy to get rich.

I like the emphasis on individual responsibility, moving away from the victim mentality that we are so often sold today. Leaving aside the specific case, in life we will do much better if we believe that life is largely in our hands, that it will be mostly the result of our decisions, than if we believe that we are a victim of circumstances before which we can do nothing. For me in particular, since I've been moving away from the victim mentality and adopting the responsibility mentality, I've been doing much better.

No surprise.


I'm also not surprised that you call bullshit content an explanation with basic mathematics, for 7 year olds.


I don't know how you don't get the Fields Medal for phrases like this.

1. I don't give a damn.
2. I put a lot of emphasis on the difference between the short term and the long term. For investments, for gambling and life in general. In this case it may affect the market downward at one point in time but it doesn't change the long term perspective I have.
3. Of course not because I invest for the long term.

I see the loan application, or small scam attempt if you will, even more stupid than usual, as right now a Bitcoin transaction is about $2 to have some guarantees that it won't get hung up in the mempool. And a couple of days ago, when the OP created the thread, it was around 7 or 8 bucks, so assuming the offer was genuine it was going to cost quite a bit more to pay the fees than the interest on the loan, which is already quite high in terms of APR.

My opinion is that they are not a victim of circumstances. Better if you stop using the socialist vocabulary for everything. One of the worst things about socialism is that it has sold people that they are helpless victims who can do nothing. A victim of circumstance is someone who is walking down the street, a brick comes off the facade, falls on his head and kills him. That is a victim of circumstance, not someone who repeatedly goes to the casino of his own free will and when he loses what he had planned to lose, he continues betting more to see if he can win it back.

No wonder your nickname is Martingaleboy because someone who says such nonsense is typical of someone who believes things like Martingale is a good strategy. Surely you are one of those who believe that it is better to bet in a casino with an RTP of 90 that gives you 5 in bonuses and promotions, so that the real RTP is 95 rather than bet in casinos that have an RTP of 99.

I am a little surprised, because after how disappointing this cycle has been I didn't expect the price to be so high now. However, the fact that the ATH has been minimally beaten does not mean anything to me, because until it is clearly beaten I do not consider it beaten. If we take inflation into account, in real terms it would not have been beaten.

It will surely take a few more attempts to clearly pass the $70K barrier, which is when I will consider the previous ATH actually beaten.

To me, that's not the point. The point is that someone who can't wait to finish work to gamble like that clearly has a gambling problem.


You're absolutely right. In those cases, it's a different story. Buying lottery tickets doesn't require much time or concentration. You can do it quickly, like when you go to the bathroom, and once you've bought them, all you have to do is wait for the draw.

I was thinking along the same lines. In fact, there is an investment strategy that involves buying right when the all-time high (ATH) is broken, because it is very rare for the price to go down after an asset reaches a high. The most common thing is for the fear of missing out (FOMO) to kick in and the price to keep going up. However, there are other things to consider here, and the difference between a gambler and an investor is the difference between someone who buys out of FOMO right now and someone who does so taking into account other variables (macroeconomic environment, price trend for months, proximity to halving, etc.).

Well, in my case, I prefer poker, which is a game where you know instantly if you win the hand or not. However, it shares the same characteristic with sports betting in that you can make money in the long run, so I don't really see the distinction. In poker, you can see the results of a hand almost immediately, but if you're trying out a new strategy, a new modality, or you've moved up a level, you need to play for quite a long time to be sure that what you're doing is working. In the case of online NLSH, a minimum of 50,000 hands.