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401  Bitcoin / Bitcoin Discussion / Re: Can bitcoin be stolen? on: February 03, 2024, 03:52:22 AM
As long as you own the keys and only you have access to them, it is impossible for your bitcoins to be "stolen" or "seized".

I disagree here:

Bitcoin is basicly a specific type of electronic data, you need a computer to interact with Bitcoin. So if your computer is infected with some malware that sends your Bitcoin details to a thief your Bitcoins are gone.

Just an example: Some Hacker buy rights for popular software from developers with a very good reputation, then make an updated version and  include some malware that is able to access your bitcoin information, maybe from the clipboard, and Bye Bye your bitcoins..... So everytime you update any software you have this risk....

So forget "impossible" it is more or less easy to steal your Bitcoin....

There might always be risks, so impossible may be too much of a description but "more or less easy to steal your Bitcoin"? I guess that's as absurd as impossible. That's the other extreme.

Although there is probably a way to steal Bitcoin even from air-gapped wallets-- researchers from Ben Gurion University finds it possible to steal data from air-gapped wallets through many ways like electromagnetic, ultrasonic waves, light, heat, and so on-- if it is "more or less easy to steal your Bitcoin", we would all have been stealing each other's Bitcoin today.

Impossible and "more or less easy" are both exaggerations.
402  Economy / Exchanges / Re: Beware of Crypto.com (difficulties cancelling debit card) on: February 03, 2024, 02:48:30 AM
Anyway, if this is how hard it is to cancel your card, is it not a more practical option to just unstake and withdraw everything from your account and forget about your card? I'm not a user of Crypto.com's debit card but it seems this is the easier way out. And possibly a way to avoid cancelling fees, dormancy fees, and whatnot.
I can't unstake. I have over 4000 CRO staked, but the platform doesn't let me sell more than 20 CRO. I guess it's because they are attached to the debit card feature. Also, if I don't use the card during a year time period, there is an inactivity fee to be paid, so I don't know if they would use the staked CRO to charge this fee from. There would be a 50 euros fee as well to cancel the card, but that would be only in case I desired to recover the left balance to some address else, although it's not the case here.

That's a significant amount. But has it already matured or surpassed the 6-month or 180-day lock-up period? That's basically one of the conditions of staked CRO to be withdrawn, right?

Anyway, I think you better follow their advice and drain your card of everything, as in zero. In that way, you can avoid both inactivity fee and cancellation or closing fee.[1] If not, these sneaky scumbags might indeed dip into your staked CRO. That's almost $5 per month just for inactivity. I'm not sure of its complete terms and conditions, though.


[1] https://www.reddit.com/r/Crypto_com/comments/vrxtof/if_u_plan_to_not_use_cdc_card_think_of_inactivity/
403  Other / Beginners & Help / Re: Honeypot websites are dangerous for our privacy - BEWARE on: February 03, 2024, 01:57:36 AM
That's indeed a big problem. And you're indeed raising a good warning. But what's the way forward then? I guess that should be the more interesting part. Otherwise, we end up just talking about a problem we don't have a solution to. How can everybody then beware of such sites?

It's not possible to spot as a normal person, even experts might not know it because it's a sophisticated honeypot.

Because for most sites, it's not possible for normal people to spot if it's a known honeypot website or not.

Isn't it troubling? So, should we just avoid the internet as much as possible? Or should we use VPN all the time? Or should we all shift to the use of TOR browsers?

What would your advice be to minimize or perhaps to completely avoid exposure to these dangerous websites?
404  Other / Beginners & Help / Re: Make reading a habit on: February 03, 2024, 01:18:58 AM
Of course. It's 1+1=2. This is a forum. This isn't YouTube. This isn't Instagram. This isn't Spotify. Nobody signs up here to take a look at pictures or to watch videos or to listen to songs. People sign up here primarily to read. I assume nobody came here just to post. And it's impossible to make a reply without reading either.

Anyway, I've watched a number of interviews on the richest persons here in my country. They're very busy. Their days are all about traveling, meetings, and so on. But one thing that's common among them is that they all take time to read. Reading can't be underestimated. The most knowledgeable members here couldn't have been who they are if they despised reading.
405  Bitcoin / Bitcoin Discussion / Re: 📢 ₿ Bitcoin will replace Dollar? Even celeb venture capitalists are saying this on: February 03, 2024, 12:52:16 AM
If I am to be realistic, I'd say that such a day is not in the horizon. It might take decades if not a century for the dollar to lose relevance. It takes no less than a whole paradigm shift for the dollar to end. For as long as money is based on fiat, the dollar will remain in existence. For as long as money is tied with the government, dollar is here to stay. Besides, dollar and fiat in general can transform into different forms to keep up with technological advances and to pursue inclusion.
406  Economy / Economics / Re: Business/Entrepreneurship. on: February 02, 2024, 04:30:47 AM
They're generally the same. Entrepreneurs are basically businessmen. And many of those who call themselves entrepreneurs haven't actually started a new business idea. Many of them aren't doing business based on original innovations. They're doing something that's already done by others. But, yes, perhaps some of them add some personal touch.

I'd open whatever it is that seems perfect to make money based on whatever available resources I have. Investment has always been there. It's probably the way for me to make the right amount of capital to be able to start a business. As much as possible, I'd avoid risk.
407  Economy / Gambling discussion / Re: Rigging in sports:My Personal Perspective and discussion finding sus. sports on: February 02, 2024, 02:22:23 AM
There's probably a lot more. What I've heard lately are ones that involved local teams. One is an Esport team in DOTA II which was banned by no less than Valve for being involved in game fixing. This was way back in 2021 during the Southeast Asian Tour. The team was Omega Esports. They were replaced by BOOM Esports as a result of the subsequent investigation. The other was in a basketball match in a local league here. In both, it was apparent that something was wrong.
408  Bitcoin / Bitcoin Discussion / Re: Bitcoin Numerology +WTF on: February 02, 2024, 01:38:11 AM
Crazy rather than interesting. What's interesting is the amount of time and effort that some people devote for this kind of thing. These people must have the luxury of time. I hope they will one day discover something that's truly worth it.

In the meantime, those who are immersed and obsessed with numerology, astrology, feng shui, esoteric knowledge, alchemy, illuminati, and other WTF, can any of you check if the analysis of this one is correct? If it is, I won't eat it ever again.


https://www.reddit.com/r/insanepeoplefacebook/comments/knj3iu/oreos_are_just_a_false_flag_so_you_dont_discover/


https://br.ifunny.co/picture/freemason-satanic-cross-zodiac-wheel-oreo-cookie-double-choss-wht-T6PKzQz99
409  Economy / Exchanges / Re: Beware of Crypto.com (difficulties cancelling debit card) on: February 02, 2024, 12:57:22 AM
This is when you want to yell at whoever is at the other end of the line out of frustration, but you'd find it frustrating too because you realized you're dealing with a bot.

Anyway, if this is how hard it is to cancel your card, is it not a more practical option to just unstake and withdraw everything from your account and forget about your card? I'm not a user of Crypto.com's debit card but it seems this is the easier way out. And possibly a way to avoid cancelling fees, dormancy fees, and whatnot.
410  Bitcoin / Bitcoin Discussion / Re: The Psychology of Investing in Bitcoin on: February 02, 2024, 12:16:07 AM
The feelings were strong when I was a newbie. I was easily swayed by Bitcoin's volatility. It was perhaps the reason why I wanted to try trading. The price was constantly changing all the time, and significantly at that. It was as if I had to react every time I check on the charts. And I had to do the checking almost every minute of the day. And then there were the worst of the bear seasons and the best of the bull runs where you only want to sell what you have, either due to panic or the fear that the price might fall the next day.

Fast forward several years later and there seems to be no sensation left. When you've been through all it all, whatever comes isn't that surprising anymore. You just look forward to the future.
411  Economy / Gambling discussion / Re: What's your multi-bet (paroli) strategy? on: February 01, 2024, 04:09:35 AM
Usually, I group my bets when the odds are very low. I use very because even if the odds is 1.50-- and that's already low enough-- I still think grouping them together in a parlay remains highly risky. If the odds are like 1.20 or around that, that's probably best to group together in a multi-bet.

Also, I think a 5-leg parlay should be the highest. That's more realistic than having so many legs. Less risk, although less return as well.

Of course, if you already won 4 and the cash-out offer is already good enough, you might want to take that option. Sometimes you need to weigh the guaranteed prize versus risking it all for a bigger money.

In the end, don't take my word for it. I'm not a profitable gambler.  Grin
You have a beautiful strategy that is focused on making money but your admittance of not being a profitable gambler makes me wonder what could be the problem. Could it be with the event selection or fate? I know that odds of 1.2 - 1.5 is easy to come by and even if the win rate is low, surely it will happen once in a while and the multiplier effect of the accumulator could have put you in profits.

Maybe you could review your event selection, that could be the little fine tuning you need to give you edge in the business.

A strategy can only achieve so much. Just like how some friends would have it in a game where their choice is the underdog: the game will still be played. The ball is round, in other words. I have parlay bets in the past in which the lowest odds was the one that failed, meaning the most favorite to win was the one that's lost. It can happen all the time. Underdogs can win, too.

In a 5-leg parlay composed of huge favorites, one could result in an upset. It won't be surprising if it happens. That's why it's an option to cash-out especially if you've already won 4 out of 5.
412  Economy / Economics / Re: richdad poordad has no more guide after achieving freedom on: February 01, 2024, 02:59:30 AM
That book was a hit. It must have offered something to a lot of people, but if you ponder on the author's life, you would wonder whether he used that book as a guide in real life or he was simply a failure. Having said this, I don't think financially successful people are living their lives according to a handbook or some written guide. I doubt Elon and Jeff and Warren are doing things according to cash flow 101 by this person and cash flow 202 by that person.

It's actually weird to hear somebody looking for a guide like this. Surely, you must know what freedom is for you.
I recently came across a video of Grant Cardone where he talked about Robert Kiyosaki’s book. He made some interesting comments, according to him Robert Kiyosaki didn’t write the book. He also suggested that the key characters in the book; the Rich Dad and Poor Dad didn’t exist and were concepts Kiyosaki came up with for the book. This is odd since the story was told as if it was a true life story of the author and I believe that was the reason why people were interested in the ideas of the book.

I haven't read the book as I don't like such books. But reading Kiyosaki's small statements every now and then, it seems he has this inclination to speak before he thinks. I don't know if Cordone's accusation is true, but it could be, albeit purely based on Kiyosaki's impression on me and probably the paradox of his life. A self-proclaimed financial guru speaking about financial education, creating wealth, economics, and so on, but a number of his companies have gone bankrupt.

Even his support of Bitcoin is questionable to me.
413  Economy / Economics / Re: Why does a country borrow money from the world bank even when they can afford it on: February 01, 2024, 02:15:49 AM
For one, there's always a room for improvement. A rich and beautiful country can still improve in many ways. In this sense, sky is the limit in terms of improvement, so in a way there's always not enough. Needs and wants are always ahead of the available resources. But there may be certain territories, small ones in particular, that don't have debts in the World Bank or other countries. Liechtenstein, I believe, is an example.

The reality with most countries, however, is that they're poorly run, and not with brilliant leaders but dumb yet popular ones. And since the leaders will come and go and the government isn't their personal business, they don't care about it. What's important is that they've accumulated so much wealth while they're in power.
414  Economy / Exchanges / Re: 🟦BitChanger - The best place to exchange Crypto on: February 01, 2024, 01:44:43 AM
As a leading non-custodial exchanger...

How is it that you're already leading in this kind of service when you've just introduced your platform? And how is your platform non-custodial when you ask users to deposit their money to your address?

And please let us not prostitute this "no-KYC" marketing line just to attract users. It is a big lie. You even have a separate tab in your home page dedicated to "AML and KYC Policy".

Quote
We utilize the latest encryption technology to protect your funds and personal information.

I thought you're non-custodial and don't ask for personal information? Why, then, are you so proud that you have the latest technology to protect funds and personal information? What's there to protect when you neither custody funds nor gather personal information?

Also, what's the difference between fixed and floating? And why can't I opt for a fixed exchange rate? It seems your platform is still under construction. You might want to finish it first before launching it.
415  Economy / Gambling discussion / Re: What's your multi-bet (paroli) strategy? on: February 01, 2024, 01:05:05 AM
Usually, I group my bets when the odds are very low. I use very because even if the odds is 1.50-- and that's already low enough-- I still think grouping them together in a parlay remains highly risky. If the odds are like 1.20 or around that, that's probably best to group together in a multi-bet.

Also, I think a 5-leg parlay should be the highest. That's more realistic than having so many legs. Less risk, although less return as well.

Of course, if you already won 4 and the cash-out offer is already good enough, you might want to take that option. Sometimes you need to weigh the guaranteed prize versus risking it all for a bigger money.

In the end, don't take my word for it. I'm not a profitable gambler.  Grin
416  Bitcoin / Bitcoin Discussion / Re: At a range of 2years, can a Bitcoin literate invest with a borrowed fund in BTC? on: February 01, 2024, 12:45:07 AM
I sometimes do what I won't advise other people to do. But borrowing money for investment purposes is something I would never do. However, it seems in the case of your friend, he has a lot of leeway in paying it. Did you say payment could be made anytime within 2 years? Or is it like the banks and other financial institutions which require regular small payments with a term of 2 years?

Provided the loan amount isn't big enough that paying it would require him to work day and night and cut on his basic needs, I guess this one's tolerable. Certainly, within 2 years, the price of Bitcoin will surpass $42,000.

But your friend can't be greedy. It's borrowed money. He has to be practical and realistic. If Bitcoin hits $60,000 in just 3 months, he may consider taking profit and paying the loan, forget about the 2 years and forget about a high target like $100,000.
417  Economy / Economics / Re: Tech Layoffs on: January 31, 2024, 12:37:11 PM
This has only been maintained because of the proximity of these companies to the printer by the Cantillon effect.

If we take a couple of steps back, in the grand scheme of things, this might indeed be it, although industries have their own struggles of course as factors.

The high time preference brought about by soft and cheap money causes all kinds of unsustainable investments. The proximity that you mentioned must have made everything worse. Taking risks is easy with a money that loses value fast and a government that has full control of its supply and distribution.

In particular, however, I suppose the recent pandemic, inflation, AI, and other factors are all contributory.
418  Economy / Gambling discussion / Re: Responsible Gambling Practices Most People Ignore and Sleep on on: January 31, 2024, 11:22:48 AM
Ignoring these can lead to a whole bunch of problems for gamblers. When they don't set limits or control themselves, it's like a ticking time bomb. Learning to gamble responsibly is important because once it turns into an addiction, it's hard to get back to normal life. It's all about avoiding those pitfalls early on for a better gaming experience and every info is available online

To a certain extent, I guess one's failure to control himself/herself in gambling speaks a lot about his/her character. Although it is basic to learn early on that gambling can be addictive and that once you are consumed by it you'd find it hard to let it go, people are still falling for it. It must be their attitude more than the fun in gambling that led a lot of gamblers into addiction. I myself have also been a gambler for quite a while, and while I admit that there is indeed that unique thrill in gambling, I haven't really been dragged into addiction.
419  Economy / Economics / Re: Another war in the Middle East could be dire for the economy on: January 31, 2024, 10:38:21 AM
That region is always chaotic. I'm not sure but sometimes I think it's already cultural. Violence seems to be a central part of that region already. They can't seem to find a way to achieve stability in terms peace, both domestic and international. When you hear Middle Eastern territories like Syria, Iraq, Lebanon, Iran, Yemen, Palestine, you can almost immediately think of disorder and chaos. So whether a new war is brewing, for as long as it isn't a full-blown regional war, it's not anymore a big deal. So it probably doesn't anymore shake the market much.
420  Other / Beginners & Help / Re: Always Make use of notepad app before posting on: January 31, 2024, 09:47:36 AM
I think for a forum post that is just made up of a few lines rereading it before posting is oftentimes more than enough for a double-check. If there's an image or some specific formatting, you can preview it as well. You can do all these on the forum. You don't have to use another app just to make sure your post is decent and correct.

Besides, I'm sure you will also read it once more when it's already posted. You can still do some editing right away if needed. Also, a post here isn't a formal composition. Indention, perfect use of grammar and punctuations, and so on don't have to be strictly observed. The content counts more.
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