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3861  Economy / Speculation / Re: Bitcoin declared ‘dead’ 52% less in 2022 despite bear market vibes on: July 24, 2022, 02:48:48 PM
Not that it's a really meaningful indicator, but it does "support" my personal view that sentiment now still doesn't feel as bad as it did in 2018.

The macro appears to feel worse, and US fiat is enjoying an artificial long day in the sun, so the environment feels like it couldn't be grimmer for the economy in general. Bitcoin not excluded.

The fear though? Doesn't feel as pervasive. The optimism much clearer in this bear.

So either the market has not enough cause to truly capitulate, or has attained maturity.

Wish I could believe in the latter.
3862  Bitcoin / Bitcoin Discussion / Re: Finland sold 1,900 BTC, for a good cause on: July 24, 2022, 02:33:10 PM
@Baofeng @TimeTeller
But that was my whole point, we can't know. It would be enough to know it would help alleviate suffering but state to state assistance like this, unclear it's not to finance the war. My personal belief is you're really not helping the people who need it most when you're helping either side in the conflict itself.

It's not as simple as all that really, and again, pretty irrelevant to Bitcoin.
3863  Economy / Gambling discussion / Re: FIFA 2022 world cup on: July 24, 2022, 12:53:19 PM
Haven't seen anyone discuss the physical venue but has anyone checked out Doha recently? Was last there in 2019 for the Club World Cup, and some stadiums were still in production. Have a diplomat contact there and according to him:

- So much more construction going on now as they prep for the proper.
- Airport security and immigration seem a lot quicker than in 2019. They've made some efforts to make it friendlier.
- Heat is somewhat tolerable for a Southeast Asian (I do remember how it was in December and it was fine but I still wonder how most players will cope haha).
- Public transport also seems to have improved. Buses and rails all shipping to and from stadiums.

Any of you gamblers gonna show up there?
3864  Economy / Trading Discussion / Re: advice for who are witnessing this market for the first time. on: July 24, 2022, 12:02:26 PM
No one thought it strange to put two seemingly contrasting requirements side by side?

"been in crypto for a long time"
and
"seeing this [bear] market for the first time"

cannot possibly exist in the same person.

If you're seeing this for the first time, then you're relatively new to crypto. If you've been in crypto for a long time, you've seen far worse. Been here, done that, been more than here, done more than that. You'll get there if you stay long enough.
3865  Economy / Gambling discussion / Re: 🏁🏎️ Sportsbet.io🏁 FORMULA 1 2022 Season🏁🏎️Prediction Pool Discussion Thread on: July 24, 2022, 11:27:04 AM
Sainz in 19th, did not see that coming haha. Still, great start to see LeClerc on pole, so I already have some points in the bag. A full third of a second ahead!

But so do most of you I guess. I don't see him coming out on top with two rivals on his heels, and no regrets keeping Hammie out of podium predictions... didn't show enough for me to rate him in this race.

Won't be watching, only time I get internet after the next few hours is late tonight.
3866  Economy / Economics / Re: How much food can you store for survival?3 on: July 24, 2022, 10:38:37 AM
One of the really constant problems we had as food-delivering organisations (when I was working for them) actually tried to answer a lot of these questions, but I already see diabetes might render most of our food packages unusable for you, but as I recall a lot of these are actually lentil based (high protein).

Nevertheless WFP does have a really tried and tested package for pure survival, long shelf life without refrigeration, while keeping max nutritional value in absolute worst conditions. Red Cross packages are similar and even more robust.

One such reference: https://docs.wfp.org/api/documents/WFP-0000104979/download/

That's the famous RUSF but many adult versions can be made locally in most countries. They taste like shit but in severe conditions you'll be reasonably healthy just living on these for months. Some refugees spend their entire childhood eating mostly food like this.

Almost certain you can locate manufacturers.

I read (so should not be taken seriously) some doomsday movements or the preppers mentioned above in US also stock and sell all kinds of survival packages, think they tin most of their stuff though. Don't know if these are proven as the more scientific methods of WFP.

For water, I also looked into fog catchers. Those things just condensate water from the air, so it's drinkable, even your waste can be used. Problem they haven't solved I think is a contraption that doesn't need electricity.

Now if only there were people selling all these for BTC eh?
3867  Bitcoin / Bitcoin Discussion / Re: Crypto in Church. on: July 24, 2022, 10:15:11 AM
NG is the same place where you have preachers who claim to exorcise demons from people with sexual penetration, and where there's a famous pastor who apparently has God's direct phone number and speaks to him with a mobile phone.

Oh but that's not just NG, almost every place where religion is a fervour, you have all kinds of magic men and prophets claiming all kinds of things.

They're not about to leave Bitcoin alone.
3868  Economy / Gambling discussion / Re: If There's No Casino Signature Will The Gambling Board Still Be The Same on: July 24, 2022, 07:55:11 AM
Less about signature from casinos than about visibility -- you have to admit, people in gambling section are the ones most likely already owning Bitcoin and using it. You want Bitcoin users for your business.

More about campaigns specifically requiring posts in this section, while not actually recruiting actual gamblers and/or people who post quality content. The former's actually much more important -- you can't expect all gamblers to write really well but you should expect people to actually be gambling to post in this sub-section...

So that's on campaign managers, really.
3869  Economy / Speculation / Re: Will the Mt. Gox coins affect Bitcoin’s price in August? on: July 24, 2022, 07:13:55 AM
They are not releasing 400K worth of BTC. When they got hacked they got somewhere like 850K stolen however after they shutdown they somehow recovered 200k or so. It was from some other hack but they somehow got 200K to give to the victims. The rest was never recovered.

They sold in 2017 to cover for fiat lost and why they only have 135K left. So whatever US dollar amount they lost, it was already sent to them. Now the remaining BTC they need to equally divide it amount those holders.


Ah that was the part I was missing: that this time the victims would actually be getting coins and not dollars, I'd always somehow remembered that they'd be getting everything in dollars.

Now it makes me wonder if they were waiting for price bottoming out to make people a bit more whole than they would have been able to.

Still, even if it had been a sale, 100k BTC isn't going to move the market much, really. Deal would have been done OTC and spread across batches anyway.
3870  Bitcoin / Bitcoin Discussion / Re: P2p is the original Satoshi strategy for Bitcoin exchange on: July 23, 2022, 11:00:34 PM
You're saying p2p, p2p, but you don't realize that most of the people go for p2p on a centralized website, be it Binance or LocalBitcoins or Localcrypto, and 99% of them will use bank transfers, Paypal or PAYEER or Skrill or whatever, so, in reality, is just a charade of a p2p as you're still involving two centralized solutions in this.
Besides the technicality that you actually don't remove any third party in the majority of p2p exchanges
I disagree with these points.

There is a huge difference in trust between using a centralized exchange such as Coinbase or Binance, in which you must trust them completely with all of your data and all of your coins, compared to using a centralized exchange such as LocalCryptos which pairs you with another traded and requires none of your data and never has custody over your coins. And if that is still too much for you, then use Bisq. Centralized third party completely removed.

If you choose to buy or sell your bitcoin via a payment method which has a centralized third party involved, such as PayPal, then that is your choice and has nothing to do with bitcoin nor the decentralized exchange which is removing the need for a centralized third party to hold your bitcoin. And if that is still too much for you, then you can buy or sell your bitcoin with cash in person, cash in mail, cash drop offs, Monero, or some other method which completely removes the centralized third party.

I don't dispute at all the trust with data and custody of funds -- what I was referencing was the third-party or intermediary in the transaction process (who can stall, hold, block or even get your transfer wrong), which is almost always negated when selling for fiat, unless you're doing physical cash exchange (which, I've actually personally never done for more than as experimental and just with hobbyists).

[Or maybe I misunderstood stompix]

Everything else has always been direct transfer of some sort. I do have a wide range of choices "locally" (country of origin rather than residence), but bank payments are pretty much instant. I do need my zero-fee instant transfers so I can send money back to myself and pay bills. My personal method uses up to 3 additional channels (but at far less cost and time than a direct exchange with) than if I just sold at a local exchange (which I still sometimes do), so one could argue I'm actually exposing myself to more intermediaries when using my choice of p2p.
3871  Economy / Gambling discussion / Re: UEFA Women's Euro 2022 on: July 23, 2022, 10:28:31 PM
Oh well, consolation for me is France ML bet would have lost, damned team couldn't win in regular time.

I did say I wouldn't bet any more on this tourney but that one just tempted me.

BTW, is it just for me looks that women dive and simulate injuries much less than men?

It's not just you, I've mentioned this before as one of the advantages of watching women's football. They do make a deal out of some tackles, obviously being professional and getting the foul, but they haven't yet decided to do the dark arts of shithousery.
3872  Bitcoin / Bitcoin Discussion / Re: P2p is the original Satoshi strategy for Bitcoin exchange on: July 23, 2022, 02:14:43 PM
If you read through the Bitcoin white paper you will discover that Satoshi's statement on Bitcoin exchange is by p2p and did not mention anything like centralized exchanges, this is because Satoshi Nakamoto know the importance of holding your Bitcoin in your wallet, and not on the exchange, this is so because the Bitcoin on exchange is like your money in your bank account which involves third party involvement,

And this is where I say stop cause it's not really like this

You're saying p2p, p2p, but you don't realize that most of the people go for p2p on a centralized website, be it Binance or LocalBitcoins or Localcrypto, and 99% of them will use bank transfers, Paypal or PAYEER or Skrill or whatever, so, in reality, is just a charade of a p2p as you're still involving two centralized solutions in this.
True p2p can only happen if you do a cash transfer with a guy you know from outside a centralized platform, otherwise, you're still relying on centralized 3rd party solutions, you're still trusting a random stranger and a bank or payment solutions with your money which defeats the whole premise

Quote
as you all know Bitcoin original idea is to eliminate third party involvement in our financial dealing.


Ding ding! I love p2p too but am the first to say it isn't just to be a fancy decentralised whatever trader. Besides the technicality that you actually don't remove any third party in the majority of p2p exchanges (and the risk of meeting face to face is arguably higher to personal security)... It can even be several steps of third parties in a p2p.

Plus the fact that it does take time for most styles and high volume trades to get your trust network built up.

I am sure a lot of us use p2p, from LBC to Bisq, but it is the reliability (built up) over years, the speed, the cost.

I can liquidate my btc to local fiat and send it back to myself in euro in under a minute, at great rates... dont know a single exvhange could do that for me.
3873  Economy / Gambling discussion / Re: Is it profitable to hedge/cashout bets before end of sport event? on: July 23, 2022, 01:01:59 PM
Have discussed several times before with others on this forum and in general, we agree it is better to either ride it oy and to hedge bets instead. E.g. long shot bets that actually take the lead (Villa two goals up against City last season for example. Perfect hedge would have been a City handicap... Which would protect the odds but give you insurance if game goes away from you.

Obviously watching live can give you better knowledge as well of whether to cash out or not, and it is easier than love betting. Certainly less stressful!
3874  Bitcoin / Bitcoin Discussion / Re: Finland sold 1,900 BTC, for a good cause on: July 23, 2022, 12:26:08 PM
All for helping, but cannot say for sure what this aid wi be for precisely. Not going to read too deep either but when I see it's "for the war", then that uncertainty is even more.

Even if it were a good cause, not for arms or violence etc., how this is good for Bitcoin, hard for me to see really ha.
3875  Economy / Speculation / Re: Which crypto Youtuber called the top at 60-69k and told they would sell? on: July 23, 2022, 10:58:00 AM
You mean, which crypto influencer has put out many, many calls, deleted those that failed spectacularly, amd cherry picked the ones that somehow made it right and then made a big deal out of it?

Don't all of them do it at some point? Cause that's what I'd do if I were an influencer and getting it right one out of many times is important to me. Wink
3876  Economy / Gambling discussion / Re: UEFA Women's Euro 2022 on: July 23, 2022, 09:40:47 AM
Who else wants to see Oranje take a surprise win today? At 4.63 I thought it was really, really good value. No disrespect to the French, they're smoother operators on the field, but I want to see some physical superiority win today for a bit, an early lead hopefully and defending that to eke out a counter smackdown.

Follow my bet: https://sportsbet.io/sharebetslip/b56d6f19-5994-4918-aa71-ff5395ec327a
3877  Economy / Gambling discussion / Re: Sportsbet.io's English Premier League Football Pool Discussion Thread on: July 23, 2022, 08:23:56 AM
@Welsh, I have deliberately sen not to see him play, or even watch the highlights, just want to be surprised the way Salah and Bobby did. Mane I already knew from EPL but seeing Salah and Firmino was a joy the first times, as was Diaz most recently (Jota though also surprised as he seemed to change completely after switching to us).

Trofo never thought of Haaland that way but you could be right. He could be tired of being the sole dependent!
3878  Economy / Gambling discussion / Re: F1 Formula Sports Racing - Sportsbet.io promotions & discussion thread on: July 23, 2022, 07:25:57 AM
^ Yeah, finally makes sense of his 21/1 odds to win, which I took anyway, I know he won't have the fastest lap but they'll be plenty of opportunities to get to the front with laps to spare and defend. Still took LeClerc as my pole and winner for the pool though, Ferrari will gamble today and I like when the odds are stacked against them.
3879  Bitcoin / Bitcoin Discussion / Re: My Champions in this Bitcoin Winter on: July 22, 2022, 06:17:58 PM
Well, a well-run exchange should theoretically always make money, bear or bull, since it relies on revenue from commissions. Traders go either direction, the exchange benefits. So it's not really like they stand to lose, though arguably fewer people are interested in a bear market.

It's not unusual though to see other types of service/product companies advertise or develop, even fundraise, since the interest in a bear market tends to shear away the speculator types.

Seen a few HODL type apps now on Brave ads too.
3880  Economy / Gambling discussion / Re: F1 Formula Sports Racing - Sportsbet.io promotions & discussion thread on: July 22, 2022, 04:02:35 PM
^ There is also a small hope that Sainz won't listen to team orders (they will always of course say they do and that's standard) -- if we recall, that's exactly how he won British GP. Team defended him and he himself didn't outright admit it, but he did have a kinda valid argument at the time (he felt he could better defend LeClerc against a supposedly faster car.
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