Bitcoin Forum
July 14, 2024, 02:43:37 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 [3] 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 ... 81 »
41  Economy / Gambling discussion / Re: An interesting story and experience of a gambler on: April 17, 2024, 08:00:25 AM
I think that person needs company. He needs people who he can socialize with more often than just being alone every single time. The fact that he has been gambling, hit a huge win, bought a lot of stuff which was all for his own entertainment, that's a serious indicator that he might be a person don't like to go out and socialise.
Also, I don't blame him for getting the thought of having a good karma or helping someone before you go gambling would help you win more. Nah, we all that doesn't work that way.
Well, the good thing happened to that person is that, he finally realized the reality of life and gambling.
Using your own point, should we call this person an introvert ?, I am just like him in this aspect, but I don't go around buying stuffs that I don't need.

Since I was very young I have learned to always enjoy my company alone, even when too much people come looking I always feel discomfort and unsafe, I like keeping my circle very small.

I use most of my money on investment, it is all I know how to do, I spent most of my lonely time improving myself, I have created few online businesses, I have turned into a Bitcoin miner, and I have to monitor these all by myself, I really don't have the time for unprofitable things.

When I am free I do watch movies and anime, and I enjoy doing this, I think this person was never alone right from the beginning, he was not used to this lifestyle, I am thinking that things changed around him suddenly and he needs the attention from others.
42  Economy / Gambling / Re: 1xBet Biggest Scam and Violation of Terms on: April 16, 2024, 05:51:29 PM
Sorry man, you are on your own.

It is very important to investigate an online casino before using it, this 1xbet have some very bad histories on this forum and you won't see a soul advicing you to use that platform.

You could have created a topic about if you can use or trust 1xbet and we would have stopped you, but now you've already fell into the gutter and your white is no more white, you are stained and there is no way we can get you clean of this mess anymore.

Learn from your mistake, its very important for a new gambler to always ask about a particular casino before they start using the website for gambling, and so is reading terms and conditions of any online casinos they plan to use for gambling.
43  Bitcoin / Bitcoin Discussion / Re: Will increasing banking restrictions lead to a rise in P2P transactions? on: April 16, 2024, 03:09:47 PM
I keep reading about bank accounts in the UK, US and EU being frozen due to crypto associations. This is concerning me, and I am reluctant now to use any exchanges to purchase Bitcoin. However, I am happy to purchase crypto via P2P transactions. These can be either cash payments in a face-to-face meeting, or by bank transfer to a trusted person's personal account. Will this be the future of Bitcoin for us mere mortals, or will sanity prevail and allow us to return to using exchanges?

Now, what about crypto-to-crypto exchanges? Will government oversight and intervention restrict those. This could lead to decentralised swop services, and surely this is contrary to the wishes of the banking puppet masters?
I do have people, family members in the UK and US that are into crypto investment, they have their bank account up and running but they have never get their bank account blocked because they interact with a crypto exchange or crypto in general.

Maybe those who ended in such mess make some mistakes or something? But still I understand what you are trying to say, I will rather rely on P2P platforms too, but it's no more a new thing.

P2P platforms have been around for years now, but it depends on if someone really want to start using them or not, many people still don't have a reason to start using P2P till today, but for those who need it, they will surely find it if they want.

What I want to see happen, is that decentralised exchanges must practice decentralisation and stay on this forever, the SEC are going after Uniswap now, and I am not surprised, because Uniswap used to claim that its decentralised until some time ago where they start operating in a centralized way.
44  Bitcoin / Bitcoin Discussion / Re: What do you think? on: April 16, 2024, 02:41:03 PM
Is this good advice for those who can't afford a hardware wallet?

Using a Bitcoin Electrum wallet or other, disconnect from the internet before generating a new seed and never connecting to the internet again.

Until you are ready to sell everything in that wallet.

Is this practice similar to using a hardware wallet? This advice came from a man I know who said to have been keeping his BTC since 2013 in the same manner, he said the internet/online is the culprit or enemy of every crypto wallet.
I will advice to go airgapped.

Meaning that you will generate the wallet offline and till the end of time it will never be connected to the internet.

To be very safe from online threats you need to keep your recovery seed completely offline, don't just generate the wallet offline and that is all, you must never connect the wallet online again.

This days hardware wallets are not costly anymore, I know one company that still do discount offers since last year till today, with $100 and above you will get your hands on a good airgapped device like Keystone hardware wallet.

You have no excuse not to have a Airgapped hardware wallet today.
45  Bitcoin / Bitcoin Discussion / Re: Isn't Altcoin a distraction to Bitcoin adoption? on: April 16, 2024, 11:52:07 AM

Do you think that altcoin is a major distraction to bitcoins adoption?

No it's not a distraction, for some people altcoins existence is a blessing, they are able to get their hands on Bitcoin because of altcoins.

The last person that I introduced to crypto claimed that Bitcoin was too costly for him, so he went for altcoin and when he started making some good money he started using the profits to buy back some Bitcoin.

He understand that Bitcoin is much more reliable than altcoins but altcoins have some nasty opportunities to bring some good amount of ROI faster than Bitcoin, you just have to be smart to make this work.

Altcoins is the most risky play but it has the higher return on investment opportunities if you know how to play this out, but still I will advice people to focus on Bitcoin as their main target.
46  Other / Beginners & Help / Re: Fulfilling dreams with agriculture! on: April 16, 2024, 09:44:41 AM
Accumulating bitcoins has been my dream for a long time, but it never became possible due to lack of extra money.

one month ago:

I am a small investor. I have some money to invest. How can I invest this money?

The split personality syndrome on this forum is highly infectious.

I noticed the same, it looks like this person don't know what he wants or he is just making up stories to get to the next rank, because how can one claimed that they have some money yo invest but don't know where to invest them and later create another topic that they have the desire to invest but they lack extra money.

Which one should be even believe in now? OP if you are reading this comment, I want you to know that only you knows what you want, you need to start taking action if you want a change.

If you don't have money to invest, you need a job first, before you can consider investing in bitcoin you must have a source of income, the type that's capable of feeding you and paying your bills, before you cab even consider to invest some part into Bitcoin.
47  Bitcoin / Bitcoin Discussion / Re: It takes the balls... on: April 15, 2024, 11:18:29 AM
Yes, not only balls but money as well. Most people who want to accumulate Bitcoin don't have enough money for the accumulation and that's why they miss the dips while others who have money often miss the dips in hope to see more intense dips. Bitcoin is already down and anyone who knows that it's a great opportunity should try his/her best to accumulate some of it.
Everybody do have some money, the difference is are they willing to let go of the money? Are they prepared to risk the money on investment? There are people that don't want to take risks on digital assets and they have enough money.

For most, money isn't the problem, its a matter of choice to choose to trust in Bitcoin, unfortunately in today's world many  people still thinks that Bitcoin is a wrong investment.

This Bitcoin thing is best for those who understand it, this way they will be able to triumph over their emotions, those who sees dump as an opportunity will surely take the risks and those who lacks the knowledge will find it hard to risk more money, although not everyone will be able to keep on buying and buying, especially those who haven't witness a bear to bull market before.

I just believe that Bitcoin deserves to be bought using the DCA method every now and then, and no amount of dump should be able to put a doubting sprit in you.
48  Other / Beginners & Help / Re: How I almost become a millionaire on: April 15, 2024, 10:29:31 AM
In the year 2010,my best friend introduce me to cryptocurrency and he advice me to invest in bitcoin. I felt bitcoin was another ponzi scheme created by scammers to scam innocent people. Today my friend is a multi Millionaire. If only I had listened to his advice,I would have become a millionaire by now.
Do you want to keep leaning on the past or you want to move on? The choice is yours to make.

Even if you did buy or mine some Bitcoin in the past you must have sold them all when they made new all time high, to me its still a win for those who invested at the early days and sold for some profits.

Atleast they made some returns compare to those who got scared that Bitcoin could failed, in those early days of Bitcoin, there isn't a lot of confidence in Bitcoin, this is also a huge plus to why many people sold and move on, there I'd a big chance that you would have done the same.

What happened has happened, now what should be your interest part is how to not miss the opportunities that are presently available now, it is highly possible that many investors in 2028 will look back and write their regrets about how they failed to accumulate Bitcoin in 2024.

Believe me, this always happen, I have been here since 2017 and I have seen such regrets many times before, the choice is yours to make, right now it's still not too late.
49  Economy / Gambling / Re: What are your expectations for Casino coins in this coming bull run? on: April 15, 2024, 08:30:47 AM
Hi ladies and guys of the gambling board..

I believe by now, we all should already know that the bull run is fast approaching, and like it's often said, "Do not put all your eggs in one basket", I've invested in different coins from different narratives like Defi, Ai, Rwa, Gamefi and so on and on, but one narrative I've not put any money in Is gamblefi, or simply put, casino tokens, that is a token or coin owned by a casino, and this is not becuase I don't know any, I know quite some, and in all that know, I think two or three stand out, and those are..

1. RLB - from Rollbit
2. FUN - from freebitco
3. BFG - from Betfury

Investing in casino tokens I would say comes with rather a high level of risk, why? Because to me, they arent well known, they don't seem to make waves like coins or tokens from other narratives, and the chances they may remain stagnated and the same price even during the bull run; is quite high.

So, I am brining this dicussion to the gambling community here, and I have just three questions to ask, and they are..

1. Amongst the three casino tokens I mentioned above, if you were to invest in one, which would it be?

2. Are there any new casino tokens you think will do well in this coming bull run? Please tell the community and briefly introduce the project to us..

3. Overall, how are you expecting casino tokens to perform generally, in this coming bull run.?
You've mentioned the best ones already, all you have to do is to invest less money on them and wait for price action, no one can really say which one will perform the best out of the three but I am suspecting RLB.

If you have the money you can go with the three, if I am to invest in such altcoins I would use $50 to $100 Max on each one because they are still risky play, unlike Bitcoin where I can invest thousands of dollars with no worries.

RLB do have the best utility and it would probably perform better than the rest, but no one can say for sure, that's why I recommend spreading few dollars among the three, the type of money that you are ready to lose.
50  Alternate cryptocurrencies / Altcoin Discussion / Re: Always use MEW paper wallet and generate offline on: April 15, 2024, 07:58:54 AM
Yes offline wallets are the safest option, buh mistakes can still be made using offline wallets.

1. To be sure that you really generate your wallet offline, you must disconnect your hardware/device from the internet before clicking the generate button.

2. Offline generated keys must be stored offline, do not generate the wallet offline and feel like you can store it using a cloud storage, some beginners still believe that cloud storage is a good one, they listen to the words generated by the cloud storage websites, stating that they are the most secured, if they  don't say this, how will they confuse you?

3. USB devices can stop working after a year or two, I don't recommend using them, I have few USB devices that I purchased using Amazon, they don't work anymore, its been 3 years since I bough them, I would rather carve the recovery seed on a steel, stainless to be precise or just write it down in a book.

Mind you, if you can be bold of $2000 invested in crypto, you have no excuse not to buy a hardware wallet, they are similar to offline generated wallets but they have extra security features that makes them worthwhile.
51  Bitcoin / Bitcoin Discussion / Re: Bitcoin halving countdown on: April 14, 2024, 09:36:04 AM
Hello everyone, talking about this Bull run that we all have been anticipating along time ago is finally coming to our door steps and I guess we're all excited about it and want to make it all out this time around.
Who's for sighting this like I do that this Bitcoin halving will birth so many into wealth and looking at the market I think Bitcoin has gown down which is favourable to various sectors.

I want to know what we are excited about,and to know if we're slacking over this opportunity.
I presume alot of investors are purchasing more coins too in regards to this.
Many are not prepared for what's coming, I know that we are all excited but I bet it with you that many people will be forced to sell, due to panic and dump.

A rumor about World War 3 is already having a bad impact on the market, and I believe that it is a part of why the market is dumping, this will be a final shakeout for those who are very strong.

As for the weak, they won't have any choice but to sell thinking that Bitcoin will keep going lower and lower, I still believe that Bitcoin can go as low as 50% before the halving is completed or after.

I can remember the past, in every halving cycle Bitcoin price action always gets boring, and there is always red in the market where everyone will lose hope.  
52  Economy / Speculation / Re: Iran strikes Israel. Crypto crashing heavily... on: April 14, 2024, 08:17:40 AM
The Tax Day, the strike, and the upcoming halving event, I mean all these three are possible to have affected the price of Bitcoin, I don't know why people are surprised about this correction or dump or whatever you call it.

Normally even if there was no strike or the Tax day, I was expecting this correction because of the halving, as per the past halving period Bitcoin always dumps, and goes sideways for a while.

Many people were disappointed in the 2020 halving thinking that once the halving was over the price would start surging, it didn't happen as they expected, some people I knew sold everything and moved on, only to start regretting it a few months later.

Many may make the same mistake this type around also.
53  Other / Beginners & Help / Re: What could be the reason.. on: April 14, 2024, 07:38:46 AM
Bitcoin have remain illegal in several countries,including Qatar,China and saudi Arabia because it cannot be regulated and its illicit ties to Money laundering,financing Terrorism,human trafficking etc.  Despite all this illegal tiers about Bitcoin,what could be the reason why  some develop nations
like USA,United kingdom,Canada,france,Denmark etc haven't considered Banning the use of bitcoin.I love to hear your views

I won't be surprised if the 100b that was wiped of the crypto market has something to do with the upcoming war between Iran and  Israel.

I strongly believe that people in these countries still one way or the other have their ways of buying Bitcoin even while its been banned, just because Bitcoin is banned doesn't mean that no citizen of the country owns Bitcoin.

Years back, Bitcoin was banned in my country and I know many people that still holds Bitcoin then, I also did the same.

I think that terrorism finance is why Bitcoin is banned in some countries but as for those Islamic countries it doesn't matter, either Bitcoin exists or not there will always be terrorist attacks happening in such countries, Iran, Iraq, and co.
54  Economy / Gambling discussion / Re: Neymar being addicted to online poker on: April 14, 2024, 06:06:24 AM
A recently viral video shows football star Neymar playing online poker while celebrating his daughter's birthday with a group of other people present.

https://www.dailymail.co.uk/sport/football/article-13299361/Neymar-online-poker-daughter-Al-Hilal.html

This to me goes to show that no one is immune from addiction. Neymar may have largeley solved his money problems but still he doesn't seem to be able to control his time spend gambling. Therefore he's seen utilizing his time very recklessly, prioritizing playing the right cards over living these once in a lifetime precious moments the best he can. And if a multimillionaire can get addicted in this way, anyone can. Consider this before spending too much of your precious time gambling. Put some limits and enjoy responsibly!
Just because he is Neymar doesn't mean others can't control themselves more than him, I will never go to the extent where my family will be celebrating and I will be gambling.

Getting addicted to gambling is a choice, a choice that many people aren't even aware that they have made, you just end up finding yourself on the other side of the lane, and this is happening because people are not aware of their actions especially when gambling.

Neymar or whoever he is, he is just a human like everyone else, I don't have to look at gambling the same way as he is, I see gambling differently, I know what gambling is all about even before I started gambling, caution is my name, I am always aware of what I am about to do when gambling.
55  Alternate cryptocurrencies / Altcoin Discussion / Re: I don't get the whole USDT thing on: April 14, 2024, 05:25:25 AM
If a crypto exchange doesn't support your location, do not try to find a way around it, because they will know and they will probably use it against you.

I also find using VPN to evade restriction as a headache, you are better off using another crypto exchange that supports your location.

Other exchanges like Binance or Kucoin supports Futures and Leverage trading too, there are others like Bybit, OKX and HTX that also supports Futures and Leverage trading, try them out.

This is way safer than using VPN.
56  Economy / Services / Re: [OPEN] FreeBitco.in Signature Campaign | Sr./Hero/Legendary | on: April 13, 2024, 05:59:00 AM
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=3467714
Current amount of posts (including this one): 1554
How much merit have you earned in the last 120 days: 29
SegWit BTC Address for Payouts: bc1qsxzmmtceter2aw0n80te940f0ujd4wyz3c5ez0
57  Bitcoin / Mining / Re: How important is BTC hodl for a mining company? on: April 12, 2024, 06:19:40 AM
Should a mining company focus on increasing a stack of Bitcoin that they can display in public as a way to showcase ability to save in BTC and as well as show confidence in trusting BTC as a way to keep your treassury by hodling it instead of cash, or should a company in the mining field just focus on mining as much BTC as possible, including selling the BTC you mine at any rate in order to keep expanding your hashrate and do not even hold any?

Im not sure about this. Some people like to see how a miner can hold onto a lot of BTC like MARA, but others seem to not care that much and just want max efficiency. For a public miner, I guess whatever increases shareholders value the most is what works. Anyone has studied this?

A company keeps functioning if they are making profits, I believe that is the main goal of every business, before anything else a company will aim for making their ROI back first before they start doing other things.

Bitcoin miners, either personal or company, focus on mining Bitcoin and holding the stash through a bear market and start selling when Bitcoin is surging higher in a bull market, only beginners sell their Bitcoin right away as their miners make money every day.

For the best return it is better to keep mining and holding, as for companies, if there are workers to be paid I bet they will have no choice but to at least convert some Bitcoin back into Fiat to settle the workers or just pay them in Bitcoin if they want.
58  Bitcoin / Bitcoin Discussion / Re: Steelwallets and Airport Security - Potential Exposure Concerns on: April 11, 2024, 05:28:38 PM
Depends on the security check.

If it's just a hand-carried devices, you might not face any problem since steel wallet using stainless steel or aluminum materials has a bad magnetic conductor especially if the size is small.

But when it comes to X-ray, there's a chance they could know all of your seed phrases because it able to see into the inside even if you have cover it.

My advise is don't carry your steelwallets, leave it somewhere hidden and create a new backup (if you want) when you've arrived on other country.


https://bitcoin.stackexchange.com/questions/120493/can-punched-in-seed-phrase-on-steel-plate-be-read-by-airport-security-x-ray
There is a big chance that the words printed on the stainless steel will be revealed, no one should pass through such checkup and go back to their normal lives as if nothing is wrong with this.

I won't think twice about this, I will definitely move my funds Somewhere else, I think a hardware wallet is better for passing such security check than a stainless. I can the wrong.

What do you guys think? A hardware wallet isn't supposed to raise any concern if you can pass through security checks with your smartphone I think, or there is more that I don't know? Enlighten me.
59  Bitcoin / Bitcoin Discussion / Re: btc purchases on: April 11, 2024, 02:20:31 PM
Im not able to purchase BTC due to me not having the qualifications needed to buy btc,so does anyone know how to buy btc without having to show proof of identity

I am glad that you see something wrong with passing KYc when you want to buy Bitcoin, KYC for everything else is accepted by me but KYC for acquiring Bitcoin feels wrong.

I will like to explain why, Bitcoin is a decentralised digital currency, it shouldn't be traded on centralised exchanges at all, but the blind investors don't even know what decentralized means, or maybe I should say that they don't just care.

Every investors and holders have different reasons why they are buying Bitcoin, and it includes weird reasons too, every other things in crypto space and even the gambling space are all centralized, I see nothing wrong passing KYC in their part but not for Bitcoin.

You are simply giving power back to the government to control you for having a decentralised currency, it doesn't  make too much sense, its a free world, and everyone is free to use Bitcoin like they want.
60  Economy / Gambling discussion / Re: Gambling and Betting. Why the Distinction? on: April 11, 2024, 10:18:47 AM
Gambling is all about luck.

Betting is also all about luck.

They both have two sides to their results, it's either you win or you lose, it smells risky all around, so therefore, it is still a gamble.

By the way, what will this differentiate do to gamblers? I don't get, it's not as if there is a strategy to betting or to gambling here that we need to learn, it is simply a waste of time.

It's better to think more about how much you will be willing to lose than win, always risk only what you can afford to lose and that's all.
Pages: « 1 2 [3] 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 ... 81 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!