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41  Bitcoin / Bitcoin Discussion / Re: Do you trust bitcoin holders? on: May 08, 2024, 12:02:20 AM
I can't speak for others, but I'm a hodler and I'm not anti-government. I'm not even completely anti-bank.

However, there are so much to hate about how governments and banks work on the ground. And those are what I'm particularly against. That governments continuously devalue money to the detriment of ordinary people, for example, is something that everybody should be against. To protest against this doesn't necessarily mean to protest against the existence of a government.

That banks irresponsibly risk their clients' money in investments they alone choose and decide is something that every bank customer should be against. But to be against this doesn't necessarily mean going against the existence of banks.
42  Bitcoin / Bitcoin Discussion / Re: The reason why you shouldn't force someone to invest in bitcoin. on: May 05, 2024, 07:18:34 AM
Even if it's a good thing, it's often not good to force somebody into it. If it isn't life and death, I'd rather let others take action according to their willingness and freedom.

However, as regards Bitcoin, why should we even force it to others? I mean, there must be a smoother or organic way of doing it. It's probably enough that you introduce Bitcoin to somebody. If there are questions, you're willing to answer. If there's none, no problem. If there's no interest at all, it's their choice.
43  Economy / Economics / Re: The role of private sector involvement in Economic growth on: May 05, 2024, 02:43:20 AM
The role of the private sector can't be emphasized enough. In general, money is produced by the private sector. The private sector is where jobs are created. It is where goods and services are coming from. And it is where the government's revenue comes from. Although there are taxes paid by individuals to the government, the ultimate source is still the private sector. A healthy private sector means a healthy economy and, therefore, a healthy society.
44  Economy / Gambling discussion / Re: Developing Winning Crypto Betting Strategies on: May 05, 2024, 02:18:17 AM
Whatever your strategy is, it doesn't have any influence on the results of your games or bets. Your bet could win or lose, but whatever strategy you're using, it cannot make you win. Your strategy could lengthen your gambling session. It could save you from losing more than you're prepared for, but it doesn't make you win.
it kind of have little effect on our betting or gambling activities. Creating a good strategy before gambling will help you minimize your loss, and control your gambling activities just incase you have exceeded your limit. Some gambler use strategies to play because it easier compared to normal betting. It doesn't necessarily help your make or increase your winnings but helps to minimize your loss and wins.

Yeah, these strategies don't help you win. They, therefore, are not winning strategies. They may be strategies on financial or bankroll management or approaches on risk management, but they aren't strategies on winning. It is, therefore, misleading to speak about "winning crypto betting strategies" when these don't have anything to do with winning bets. I'm not saying these strategies aren't useful. They are, but only on managing your finances not on securing wins for your bets.
45  Economy / Gambling discussion / Re: Developing Winning Crypto Betting Strategies on: May 04, 2024, 06:29:42 AM
First of all, your title doesn't seem to represent your content.

Well, there's indeed an effective bankroll management. There's also an effective betting approach. But I don't think there will ever be a way to develop winning crypto betting strategies.

Whatever your strategy is, it doesn't have any influence on the results of your games or bets. Your bet could win or lose, but whatever strategy you're using, it cannot make you win. Your strategy could lengthen your gambling session. It could save you from losing more than you're prepared for, but it doesn't make you win.
46  Bitcoin / Bitcoin Discussion / Re: Bitcoin ETF good or bad? on: May 04, 2024, 05:49:48 AM
There's good and bad that come from it, but if we are to be pedantic about Bitcoin, I should say it is generally bad. With spot Bitcoin ETFs, the emphasis on peer-to-peer is gone. The emphasis on a trustless system that eschews third parties is forgotten. The features which make Bitcoin revolutionary; decentralization, freedom, independence, ownership, control, and so on and so forth are set aside. Without all these, Bitcoin isn't Bitcoin anymore. The Bitcoin in spot Bitcoin ETF isn't money. Strictly speaking, Bitcoin in spot Bitcoin ETFs isn't Bitcoin at all.
47  Economy / Economics / Re: Personal Financial Goals vs Government expectations! on: May 04, 2024, 04:48:24 AM
And how would you exit the matrix? By taking the orang pill? Uh-uh, it's also taxed, Neo.

I'm not sure in other countries but the taxes here in mine are already overlapping. And it's impossible to avoid them. Taxes are already deducted from your salary even before it reaches your wallet. And every time you spend, there are also taxes you're paying. Whether you're buying a pack of salt or riding a cab, you're paying taxes. Not to mention that your money itself is subject to inflation.

I'm afraid one can only escape taxes if one lives like a hermit.
48  Bitcoin / Bitcoin Discussion / Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do. on: May 04, 2024, 04:22:51 AM
As far as my personal experience is concerned, this debate has long ended. Hodling has proven to be wiser than trading. Others may not agree, though. But my personal experience isn't uncommon. I have a number of Bitcoin friends who have long quit trading. The reason is that timing the market isn't easy.

A newbie who checks on the price every minute of the day may see a window of opportunity in the movements of the price. The same thing I saw years ago. He/she may see a pattern that seems easy to follow. I had the same impression myself when I was a newbie. Not until I tried trading myself that I realized it isn't as easy as it seems.
49  Economy / Exchanges / Re: ✅ INSTANT ⚡ CRYPTO ⇆ CRYPTO ⚡ SWAP NO ID/KYC Anonymous 🤖 AUTOMATED 🤖 24/7 ✅ on: May 04, 2024, 03:56:47 AM
Your service runs at the mercy of Telegram. Whatever you're claiming here, your bot is bound to comply with Telegram's terms. I suggest that you finish your website first and come back here with your big claims.

Marketing terms like "first", "truly", "real", and so on are not only overused, they're also misused and abused.

As regards KYC, it's more or less black and white. It's either there's KYC or none at all. I don't understand those phrases like truly no KYC and really no KYC.

ChangeNOW is claiming to be NO KYC but they are doing KYC when they wish to and for random reasons.

my service (still work in progress), exch and tradogre theses are TRULY NO KYC!

You understand the difference? and why theses 3 services are the only available on the web as real NO KYC services.
Everything else is bullshit, every other service/exchange out there pretending to be NO KYC are NOT.

If a platform claims to be a non-KYC platform but its terms and conditions include KYC, then it isn't a non-KYC platform. It's as plain and simple as that. It's kind of absurd to recognize them as non-KYC platforms and then promote another as truly or really non-KYC platform because it doesn't have any KYC terms in its user agreement unlike the others.

ChangeNOW is a KYC platform, along with so many others with the same no-KYC claims. They should be lumped together with the rest of KYC platforms regardless of their marketing lies.
50  Economy / Exchanges / Re: FTX Documentary on: May 03, 2024, 09:23:06 AM
I'm sure the court proceedings, testimonies, and legal filings and reports have so many stories to tell, many of which might have yet to reach the public. These files are probably comprehensive enough. I don't know though if these are openly accessible by anybody. But considering that the court has already made its decision and that SBF has already been sentenced, notwithstanding the appeal, I guess they're probably available upon request.

It's not that I'm interested about SBF or FTX's story, but I guess the more interesting part of this are those that need investigative skills. Money and politics have been at play here.
51  Economy / Exchanges / Re: ✅ INSTANT ⚡ CRYPTO ⇆ CRYPTO ⚡ SWAP NO ID/KYC Anonymous 🤖 AUTOMATED 🤖 24/7 ✅ on: May 03, 2024, 08:34:26 AM
Your service runs at the mercy of Telegram. Whatever you're claiming here, your bot is bound to comply with Telegram's terms. I suggest that you finish your website first and come back here with your big claims.

Marketing terms like "first", "truly", "real", and so on are not only overused, they're also misused and abused.

As regards KYC, it's more or less black and white. It's either there's KYC or none at all. I don't understand those phrases like truly no KYC and really no KYC.
52  Bitcoin / Bitcoin Discussion / Re: What is bitcoin for you? on: May 03, 2024, 02:13:05 AM
Although Bitcoin could indeed mean differently to different people, that's secondary. How you personally treat Bitcoin is secondary to what Bitcoin strictly is. Especially to a newbie, I'd rather stick to the definition of Bitcoin as "a peer-to-peer electronic cash system" than those various figurative and subjective interpretations of Bitcoin.

I mean, yeah, Bitcoin is "financial freedom", "digital gold", "the community", and so on and so forth, but it doesn't actually explain to somebody what Bitcoin truly is.
53  Economy / Economics / Re: Future occurrencies that can increase bitcoin price. on: May 03, 2024, 01:27:41 AM
It would be best if Bitcoin's adoption is according to its feature as a digital currency. Unfortunately, it doesn't seem so. As far as my own observation is concerned, the rate of adoption of Bitcoin as a currency is slow, much slower compared to its adoption rate as a mere asset class. There are definitely a lot more Bitcoin speculators or Bitcoin investors than those who treat Bitcoin as a currency.

However, Bitcoin's price increase could be fueled by either. Right now, Bitcoin's price increase-- even the ATH-- was primarily fueled by the rise of Bitcoin's adoption as a rising digital asset rather than as money.
54  Economy / Exchanges / Re: Be careful using Binance & Centralized Exchange on: May 03, 2024, 01:05:23 AM
At least you're allowed to withdraw your funds. Binance could have locked those funds knowing that it went through Tornado Cash, a mixing platform sanctioned by the DOJ. It could have been a valid step on their part. Binance, after all, is highly compliant with government regulations. They've probably learned their lessons. They have a huge business to protect.

Perhaps it should be made part of our safety measures to inquire from anybody sending funds to us where the funds would be sent from. There are centralized exchanges that don't welcome funds sent from crypto casinos, mixing services, among others. Such funds could cost us our accounts.
55  Economy / Gambling discussion / Re: Can You Submit KYC Before You Win Big on: May 02, 2024, 12:24:11 PM
I also experienced this myself. To me, this is a sneaky and unfair policy, and greedy, too. These casinos don't want to screen gamblers before they make deposits. They screen them only after they open accounts, make deposits, and play on their platforms. Only when they have to release money that they will implement their verification policies. Those who don't pass won't have a choice but leave their funds locked in the wallets of casinos.

Even so, I won't submit KYC in advance. I'm not a fan of KYC. But if I were to risk a huge amount in a casino that has KYC policies, I might consider making sure I pass their verification first before I make a deposit. It will be too late to fail a KYC when you're already about to withdraw huge winnings. But since I'm not a high-roller, I don't have this problem.
56  Bitcoin / Bitcoin Discussion / Re: Do not get discouraged by the current price of Bitcoin on: May 02, 2024, 11:33:37 AM
You are right. The effect of the halving on the price isn't instant. It takes several months before the price totally absorbs the impact of the halving. It takes more than a year before an ATH is reached after the halving. Today, we're just a couple of weeks from the halving. Those who are expecting the price to skyrocket this early are too excited. They need to get back to the charts to realize they're expecting a premature ATH.

If the correction today shakes them already and pushed them to sell, then they've failed to properly prepare themselves.
57  Bitcoin / Bitcoin Discussion / Re: Now that Bitcoin halving have been completed, what next? on: May 02, 2024, 09:59:33 AM
We have yet to know which direction will Bitcoin take after the halving. As of now, it seems there's a correction. But this doesn't necessarily mean Bitcoin is taking the downward direction. This could merely be a quick correction brought about by individuals or institutions dumping. I still feel like the overall sentiment remains bullish. There might still be an ATH at least a year from now.

I don't think Bitcoin halving determines whether there will be more Bitcoin-related innovations or not. The rate of adoption determines that. However, the halving has indeed encouraged a different kind of innovation in Rodarmor's Runes.

The Bitcoin halving creates hype. It's a widely talked about event on social media and elsewhere, so I guess it could have also attracted certain people to get to know Bitcoin.
58  Other / Beginners & Help / Re: Bitcoin Halving Experiences on: May 02, 2024, 09:13:08 AM
How it affects pricing like if it reduces the bitcoin by half the price of btc at the time should be lesser but it increases and the mining process it benefits big companies who have bigger and better tools and energy so small scale miners have low chances of profiting from the rewards.
What’s the main purpose of the halving. I wanna hear experiences of people who have benefited or had a loss because of the BTC halving

There's a misunderstanding that Bitcoin halving means the supply is cut into half. I surmise that only those who aren't familiar with Bitcoin have this very basic misunderstanding. What's actually cut into half is the block reward, the flow of new supply.

This seems to be the same kind of misunderstanding if you think that the halving means the price of Bitcoin is cut into half. That's not what Bitcoin halving is all about. It doesn't have anything to do with the price. The price isn't coded into Bitcoin.

If we do the math, it's common sense that the halving isn't beneficial to the miners. After all, the halving basically means the miners would be earning 50% less. But since it means the reduction of the flow of new supply, it could also imply a rise in the price since a decreasing supply versus an increasing demand could only mean a price increase.
59  Economy / Gambling discussion / Re: cash out or let it ride? on: May 02, 2024, 08:44:02 AM
As for me, I might cash it out. My $1,500 becoming almost $50,000 is good enough. That's one consideration. Another is that your remaining bet has low winning probability. If your remaining bet had lower odds, say, 1.40 or 1.50 or even 1.80, it could have been worth risking. But since your remaining bet has odds of as high as 3.75, the risk is too high. You've got only 26% possibility of winning. Finally, what's at stake at this point isn't anymore $1,500. It's already $50,000. Would you bet $50,000 for that particular game?
60  Economy / Economics / Re: Stagnant Salaries vs. Inflationary Savings Tax on: May 02, 2024, 08:13:03 AM
From a layman, who would choose B? But in reality it isn't just inflation that's a big problem. Tax itself is another. We could consider inflation as another tax, but there are also existing taxes that are already smothering the lives of ordinary people. On top of inflation, there's income tax imposed on our salaries. On top of that, we are also taxed on the goods and services that we buy.

But the situation given in option A might not be reasonable. If a business is getting lower and lower revenue because the prices of the goods and services they're selling are getting cheaper and cheaper, it might also affect the salaries of their workers. The revenue of a business is the source of its workers' salaries.
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