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4261  Alternate cryptocurrencies / Altcoin Discussion / Re: What do you think about iris scanner scenario in worldcoin network? on: July 30, 2023, 09:28:21 AM
it's important to remember that the road to wealth is seldom easy, and often fraught with unexpected pitfalls. In this case, the question of privacy infringement and misuse of data looms large.

While Worldcoin, via their World App, promises a seamless, privacy-preserving, and user-friendly experience, the method of identity verification leaves much to be desired. Iris scans are a potent tool, yes, but they're equally potent when misused.

The key issue here is transparency, or lack thereof. Worldcoin needs to be clear about how they intend to use and protect this sensitive data. Until such clarifications are made, I advise caution.
4262  Bitcoin / Bitcoin Discussion / Re: Small/medium scale Businesses confidence in accepting Bitcoin on: July 30, 2023, 09:11:48 AM
Concerning fraudulent transactions, it is true that there is no central authority to complain to in the event of a dispute. Nonetheless, this highlights the significance of trust and reputation systems in the Bitcoin ecosystem. Accepting Bitcoin as payment might be risky business in nations where such transactions are outlawed. The advantages, though, like as lower transaction fees and worldwide reach, make it appealing to some. They think the benefits will exceed the dangers.

It is customary for the parties to negotiate who will send the Bitcoin first: the buyer or the supplier of an item or service. For maximum security, the exchange should happen entirely at once. Even though trust is crucial, it is not the sole reason why the Lightning Network is so much quicker. Smart contracts protect payment channels, guaranteeing the safety of online financial dealings.

It's important to keep in mind that data breaches are rather prevalent, and centralized exchanges do have access to consumer data. And therefore, even if it appears "safer," there are still dangers lurking beneath the surface.
4263  Bitcoin / Bitcoin Discussion / Re: A neighbor next door on: July 30, 2023, 08:28:15 AM
If you are aware that your neighbor living next door is into drug dealing and he come seek your advice how to buy Bitcoin, will you teach him?

What comes straight to mind is embezzling the ill-gotten money, but is this even safe? My other neighbor knows I am into Bitcoin and he learned from me, I guess that's how this other neighbor knew, I told him to go meet the next neighbor but he said he is not ready to teach.

What will you do if something like this is happening around you? Why would a drug dealer want to learn Bitcoin if not for a safer haven for running the business?

My mind isn't settled as I keep thinking different things, what is on your mind readers?

First of all don't write off anybody when it comes to learning no matter how you see that person.
Your neighbor who's a drug dealer and wants to learn about Bitcoin from YOU and not the other guy you taught, is something you have to prepare your mind to do, I mean what's there? Like what do you expect when you are done teaching someone something good won't that person telling another?

He might be a drug dealer but can you tell if after teaching him all about Bitcoin that he might stop going into drugs? You can be a life changer at this point, drug dealers make so much money like you asked "Why would a drug dealer want to learn Bitcoin? " who knows if he wants to stop the illegal way of making money. Well if I'm to be you OP I'd go ahead and teach him all I know about Bitcoin.
Definitely, everyone should have the chance to learn, but we need to be careful here. Lets consider: We dont know if this person wants to stop committing crimes or just discover other ways to generate money illegally. Each situation has different outcomes.

Im not saying he shouldnt learn about Bitcoin, but he should determine out his goals first. Is he serious about starting a cryptocurrency business? Do people think differently? You should teach if you answered yes to these questions. Life changes with education.

Information, like any instrument, can be utilized for good or evil.
4264  Other / Archival / Re: How to manage bitcoin correctly? on: July 30, 2023, 08:03:53 AM
When BTC reached $69000. I didn't choose to sell it. but the current price of Bitcoin dropped to less than $30000. Is it the most reasonable choice to sell BTC now and turn your attention to other investments? I hope to get some good suggestions. Although I have held BTC for many years. I am not good at management.
If you have recognized that there is an area of opportunity when it comes to your money management skills then act upon it, read books about it and learn the necessary tactics which you can employ to make better use of the money and the assets you have available to you right now.

Now this could take some time, however according to your post you have held bitcoin for years, so you could keep holding bitcoin for a few months until you learn the necessary skills, and then you can take an informed decision about whether to keep holding your bitcoin is a good decision for you or not.
Aren't you refreshing with your approach of "read, learn, apply?" Yes, it is a worthy goal to try to multiply one's money many times over. However, let us not overlook Bitcoin's greatest asset: its volatility. Many Bitcoin enthusiasts would say that even if you don't understand all the ins and outs of the financial world, it's usually a good idea to hold on to your Bitcoins. It's possible that your Bitcoin will be performing its magic while you're studying to become the next financial mastermind
4265  Bitcoin / Bitcoin Discussion / Re: My easy way to teach your kids bitcoin. on: July 30, 2023, 07:15:16 AM
Children are like clay and they will be molded the way you try to mold them from childhood. A child will develop the way you try to raise him at home but you have to be aware of how it affects him. It is one thing for children to do something of their own free will and it is another thing to force them to do something. BITCOIN EDUCATION AS AN ADULT, if you try to teach your child about Bitcoin from an early age, it may stunt his mental growth. Because Bitcoin is not for children. You must have some plans for your children so let your children grow up first. As children gradually grow up, their mental development will increase so that they will be able to understand large tasks easily. If they are taught about Bitcoin as children, they will never take it well.
Children still have a weak mentality and their emotions are still immature so they change easily and so in teaching children anything we must always put their emotional comfort first. There should be no coercion and encouragement that can curb their freedom. Because children are very easy to experience stress more than adults. And this can have fatal consequences for the psychological development of children.

Teaching Bitcoin might be better only when they ask questions and are curious. If they are not interested then we should not come forward to over-suggest them. Let them be attracted naturally. In fact, I think when we interact a lot in bitcoin, one day our children will see and feel curious. And they will start asking us to teach them.
You're right, it's a delicate balance - we don't want to stress our children, yet we can't leave them in the dark about realities like Bitcoin.

I agree, forcing Bitcoin knowledge upon them could backfire spectacularly. However, shouldn't we ensure they have at least a basic understanding of this new-age currency? It's like a scavenger hunt where we drop hints here and there, letting them connect the dots on their own.

And isn't it a bit ironic? We're worried about the psychological impact of teaching them about Bitcoin, but we're perfectly okay with the thought of them waking up to find their piggy bank savings worth next to nothing thanks to inflation.
All of this actually depends on how we teach. As long as we can teach children in a warm and pleasant situation for our children, then it's not a problem. And this teaching can only be done at an age that is sufficient to understand the value of money, saving and how to spend money.

When children are under 8 years old and usually they have started to know how to save in a piggy bank. So at this age actually if the child wants to save then we can help him with money management. I think it doesn't matter that at this age they collect fiat in piggy banks. And when it's full we can offer them to spend that money into inflation-resistant assets like gold. because gold is the most suitable for savings. But if you want your child to put the money he has saved into an investment, of course bitcoin will also be good. It's just that at that age children will not understand the risks that exist in bitcoin. like when the price drops or something. So that at that age children are just enough to get used to saving. And if they want to learn to invest then I think less risky assets are better.

At a higher age, of course, the conditions will be different. so everything is done gradually. and it is hoped that when they grow up they will start to get used to saving and investing. and slowly will also understand about low risk and high risk. As long as we teach it slowly and not in a hurry according to the correct stages. then it doesn't matter. As long as they stay comfortable with all that. because children's brains develop quickly and when they are a little stressed it can inhibit the growth of their thinking.
While saving in a piggy bank provides an early hands-on encounter with money management, the nature of fiat currency could also be a lesson in itself.

Seeing how their hard-earned savings devalue over time due to inflation could be a powerful lesson about the reality of economics. Exposing them to gold as an inflation-resistant asset is an excellent idea, although it might be abstract to grasp for younger minds.

Now, about bitcoin. Its decentralized, inflation-resistant nature and global acceptance make it a potential contender for future mainstream currency. But as you rightly pointed out, understanding bitcoin's risk-return trade-off might be too complex for a young mind.

While starting with safer assets makes sense, the eventual goal should be to help them understand that the future of money might not be physical at all. Teaching them about cryptocurrencies from an early age could give them an edge in the future economy.
4266  Bitcoin / Bitcoin Discussion / Re: Way to explain what is the bitcoin on: July 30, 2023, 06:46:51 AM
we could see bitcoin as a unique type of "cup" with an expandable capacity, due to its unique deflationary aspect and capped supply.

However, likening smaller coins to smaller cups might be a simplistic view. While smaller cryptocurrencies do have smaller market caps, their potential for growth can sometimes outperform bitcoin. So, they might be smaller "cups," but they can hold a significant amount of "rain" too.

And yes, "selling BTC early" could be seen as "emptying your cup" prematurely. Still, smart investors often have multiple "cups," diversified across different assets. This way, they can "collect rain" across various weather conditions!
4267  Bitcoin / Bitcoin Discussion / Re: Just Another Good Source Of Motivation For You ... on: July 30, 2023, 06:24:54 AM
If you are still trying to find a good reason to buy some bitcoin, Well, over the night, I was watching some crypto related videos on YouTube, and while going through the comment section, I found this comment which really made a lot of sense to me, and I thought to share it here..

The dude, who ever he is said, "if he can spend a $100 to $200 dollars daily on food and drink, and wake up the next day to piss and shit it out without bothering whether there be profit or not, then not a bad idea to spend some of that money buying an asset that has the potentials of earning you some profit, no matter how small".
Some spend more than that. If someone tries to put a small amount of money from such expenses into bitcoins, I would say that he can turn his expenses into a big asset at some point. All that is required here is to raise a little awareness. If he puts in much less than $100 or $200 a day on a daily basis, I think he's a good investor for holding Bitcoin. What seems trivial to me today may not be tomorrow, especially in the case of Bitcoin holdings. Those who have more money have the opportunity to profit more from Bitcoin. But many fail to utilize this opportunity.
Saving by spending, as it were. I can already see the skeptics rolling their eyes at the thought. But let's entertain this for a moment, shall we? Suppose, hypothetically, instead of buying that overpriced cup of artisan coffee, one decides to invest the money in Bitcoin instead. Boom! Instantly, an expense turns into a potential asset.

Yes, it's not as refreshing or tasty as that morning brew, but I dare say it has a certain intoxicating allure to it. You never know, that meager amount today could turn into a golden goose in the future. And in the end, isn't it all about delayed gratification? Suffer now, profit later? Not a bad strategy, if you ask me!
4268  Bitcoin / Bitcoin Discussion / Re: are you still strong holding btc on: July 30, 2023, 05:41:09 AM
Of course I still hold it. even I still continue to buy it regularly. because for me investing in Bitcoin is not only until the halving period next year but I seem to be planning to hold on much longer, namely up to more than 5 years from now. maybe 10 years is what I would plan for. but my plans may change according to what will happen to this industry in the future or some other factors. but what is clear is that I am paying in installments little by little so that it doesn't interfere with my financial flow.
It is good that you are still holding it, mate. It is too early if we sell our Bitcoin now, we must wait for the bullrun/bullish season at least. Most people must prefer to hold now, there is no big reason to sell at the current price. Anyway, it depends on you to hold more 5-10 years but I won't do it for my Bitcoin. After the next bullrun/bullish season, the price of Bitcoin will drop significantly again and we can buy again at that time. So, during the next bullrun, we can get bigger funds if we sell our Bitcoin. Then, in the next bearish season, we can buy more Bitcoins for the next long-term holding.

Well so do I maybe there will be some changes in my investment plans. Because after being bullish it is also common for bearish to occur again. And it keeps repeating. And I might also be tempted to sell when the bull market is at its peak. But what is clear is that now is not the right time to sell. Because I feel that it is precisely the Bull market that is just about to start. We see bitcoin price in the 29-30 area so strong in holding back the sellers. Every time there is a big sale, it is always followed by a big purchase. So I still don't hesitate to keep buying from this area. Maybe the price could just fall back to 28 or less. but it doesn't matter. As long as I still have money to buy. So when there is a dips I just need to buy back from the dips.
What a bull-ieveable tale this is! Your approach appears to be to ride the bull, hang tight, and seize the dips with unwavering confidence in Bitcoin. I just hope you're not becoming a Bitcoin addict and spending all of your time poring at the charts.

Bitcoin investments shouldn't be made in the same way a compulsive gambler doubles down constantly. Diversification is not merely a catchy phrase created to baffle inexperienced investors. It goes against a fundamental concept to put all your eggs in one basket. After all, would you rather be the Titanic or the lifeboat if Bitcoin were a ship?
4269  Economy / Gambling discussion / Re: Olympic Games, but doping is allowed?! on: July 29, 2023, 07:56:45 PM
The management shouldn't allow this because it ruins the reputation of their business and the image of the olympic games. These athletes aren't a good example especially to young aspirants who adolizes the sports. No sponsors will support this type lf olympic and bettors shouldn't support it either since they are promoting drugs and other illegal activities.
Any supporters or sponsors who will suport them will also have their reputations ruined so they should be skeptical and wise even if it could help them make money. I hope these athletes would change their mind as early as possible as it might affect their whole profession negatively.
Athletes' careers will be wrecked if they remain hidden while using these substances, which is preferable in some cases but not in sports. Taking substances in order to improve one's ability to do well on the track is completely prohibited. While certain authorities may have deemed it legal, I am opposed to it since not all athletes can endure the strong influence of these drugs when they begin to work on the body. We all enjoy sports, but seeing an athlete injecting drugs quietly should result in permanent disqualification and ban. Most of these drugs might induce the victim to become a drug addict, which is a very poor sign of the individual in question.
Just because you want popularity and sacrifice your future is not really worth it.
Like you said it will only keep you in shape for a while but after dependence it will be harmful to the athlete's health.
On the other hand we also know a lot of athletes who stumble over cases like this which resulted in their careers being destroyed. in this case a real example might be Lance Armstrong who made his career destroyed because of the doping that was done so in this case rather than destroying careers and making the body damaged it would be better if something like that was not done for athletes.
That would really be giving out that lifetime kind of regret just because you are really that aiming on getting that popularity and fame on which on the time that your body or health would be mainly affected then it would
surely be having the toll on which it would be resulting on destroying your career. Somewhat i cant blame out on why athletes would really be going into this option because who doesnt really want on being known or top athlete on beating up those regular ones who hadnt been able to dope? Sacrificing your career and your health isnt something that would really be worth on doing so. Why they cant really just base up on their own capacity without the needing of doping? Sometimes people do really goes into a certain situation for you to have that kind of option because of aiming high but well its a personal choice and for you that someone
who is engaging on this one do should really know about the risks.
With all the pressure to succeed and be seen, isn't it a weird echo chamber? They're not seeking for a shortcut, but a strategy to survive severe competition.

Consider athletes' diverse resources and possibilities. Ability alone? Everyone wonders...

As you said, it's a personal decision. Choices have consequences. Athletes who take this danger must be prepared. The saying, "Play stupid games, win stupid prizes," may apply here.
4270  Economy / Gambling discussion / Re: Minimum Age to gamble on: July 29, 2023, 07:30:15 PM
Could take the other side on this subject, its never too early to learn.   Its better to learn all the rules and dynamics to any large subject before engaging personally with any possibly loss risking activity, we can apply that to guns, gambling, drugs anything.  Education isn't a bad thing, that perhaps should be the emphasis not a law just saying no.  I don't especially believe government does anything useful purely making a law to fine people and nothing else; we gained nothing but a tax from their oversight and regime so useless then Shocked
  People might be horrified at this idea but I learnt statistics at an early age, its invariably helped me quantify all kinds of statistics and risks in life as well gambling factors leading to a win rather just all or nothing hopes and dreams.  For sure its a positive to educate people not blindly ban imo.

Well, you have to be aware of something, when we have children we always want to take them on the best path, but things are already very hard, children have access to the Internet in an impressive way, and sometimes these things are easier for them. that they know about casinos, sports betting and everything that has to do with games, obviously they learn things about money, how to do it, an endless number of things, that is why it is partly good that they know, even though they are denied knowledge, they will acquire it very quickly, you cannot go against the current, what must be done here is to guide and supervise.

Children or young people before the age of 18 (which is when they are considered of legal age) should be told about everything, quickly because I am sure that they have already discovered many things before speaking to them for themselves, now the information is there just around the corner and in a very crude way, this is something that it is difficult for us to cover up, no matter how much we want to, we have to Accept that things are Difficult when it comes to hiding information from them , personally my son has 8 years old and Knows many things, her mother gave her a phone, where what she does is play and play , I don't really agree with that , because I prefer that she use the phone to learn languages, now my 22-month-old girl loves to Watch tv and the mother lends her phone to what without Reading knows how to find the programs that he likes, I don't know how he does it, but he does it , that's why as parents you have to be very aware of Everything you watch, no It is good that their stages pass like this without living them as it is , Childhood and Youth is something that is happening to children very prematurely, that is why Gambling, casinos should be told their risks and that when they enter they should It will be when they are of legal age and know something about the Value of money, which is why I Believe that the best age to Consider Themselves an adult is 18.

Your son already having access to a phone at 8 might be a bit premature... But then again, who am I to judge?

That being said, I believe we're all in agreement that, as much as we'd love to shield our kids from the world, it's not entirely possible. Knowledge about the good, the bad, and yes, even the ugly, like casinos and betting, is inevitable. The best we can do is guide them.

As for the idea of introducing them to gambling... well, just say there are more enjoyable ways to lose money. But if they're keen on learning the value of money, its an unconventional, yet effective teacher. Im not endorsing underage gambling, but when they're of legal age, a quick visit to the casino might do more good than harm. After all, losing one's monthly allowance at the blackjack table is an unforgettable lesson in financial management
4271  Economy / Gambling discussion / Re: What could make you get into a fight with your fellow gambler? on: July 29, 2023, 07:03:35 PM
It should be understood that if the account does not belong to you, and in case of KYC on another person, it definitely does not belong to you, all the money on that account does not belong to you either. In my opinion it is quite stupid to risk your money by participating in such schemes.
If you can't wait to play gambling but anonymously, there are enough casinos on the Internet that do not require users KYC.
That is the most important part for sure, why would anyone do that is still beyond me without a doubt. However, the biggest one I hate is unfairness because not all the time you play online, but this happens both online and offline as well and you can easily say that you are going to face some unfair situations when you are gambling as well. In these cases, you are going to end up with a result where it will be unfair, like the other party is ending up doing something that would be terrible and unjust and basically cheating.

In that situation I do get into fight, not like fists and all, I do not like that and try to avoid that as much as I can because violence is never the solution, but I do argue with them and make sure that it doesn't happen, no matter what the consequences are.
There are many things that happen in the game, and that is that people should not fight for money, I understand that now the situation in the world is difficult, but there are things that must be valued, like friendships, whenever a person shows up. even doing business with us, you have to do everything right, if it is in writing much better, so that there are no problems or misunderstandings, when things are taken for granted and are clear, it is the worst business that can be done, because a part will say that that part is needed and should be done, and the other part too, only in details of small differences the different big problems are generated.

Friends are very necessary, but partly when we are in a casino game, or sports betting, we must be clear about something that if we do it as a couple we must set the rules and not break them, because what is risked is money and when there is money from through there are people who forget friendship and act in a very radical way, that has been a witness to how things and business can end badly.

When you decide to make sports bets with the capital of both people, always for any movement you must notify the person of the movement or bet that you want to make, this so that the bet that is made is lost or won, both are satisfied with what it was decided, otherwise if the other party says no, then you should not do it, this is what makes the two people work in harmony, that is why I have always played and placed my bets alone, without having to give Explanations to no one, if I lose it is because of my responsibility and if I win then too, but it is very different than working with another person, for everything you have to notify, that is the secret of this.

Now, you propose a "solution" of sorts - full transparency, no move made without the other party's consent. Noble in theory, but isnt this a bit like trying to herd cats? People are unpredictable, and lets be real, impulsive when it comes to money. Its a gamble itself to expect harmony when the stakes are high.

I've got to agree with you on your "lone wolf" approach though. If you win, the glory is all yours. If you lose, you've only got yourself to blame. No messy explanations, no hurt feelings. Just the game, the thrill, and you. Aint that a better bet to place?
4272  Economy / Gambling discussion / Re: French Soccer League Predictions and Discussion Thread (Ligue 1) on: July 29, 2023, 06:42:33 PM
PSG is nothing without mbappe. it's just an ordinary club without superstars. Enrique will not be able to assemble a good squad caused by that.

Really, the fact is that Paris Saint Germain already dominated the French 1 League especially before Kylian Mbappe joined, PSG was still the favorite to win even though at that time there was no Mbappe. If you trace the history of the club, PSG has always had superstars in every era such as Pauleta, Zlatan Ibrahimovic, after that there is Edinson Cavani, Neymar JR, and finally Kylian Mbappe. It will always breed new superstars for PSG because they have the money to tie up potential superstars, like you said. It's only a matter of time.
Correct, dude. PSG was great before Kylian Mbappe signed. Pauleta, Zlatan Ibrahimovic, Edinson Cavani, and Neymar JR fill me with longing. Their enormous pockets have helped them attract big personalities.

Is money always power? Just because PSG keeps attracting players doesnt imply they'll join. A team's success isn't only about getting big names. It also depends on teamwork.

Mbappe's possible departure saddens me. However, PSG has withstood star player losses before. They'll have a steep climb, especially in the Champions League, but should we give up on them? I'd wait.

4273  Economy / Gambling discussion / Re: [ADVICE]Boy Wins $46k from Sports Bet but Can't Tell Strict Religious Parents... on: July 29, 2023, 06:20:44 PM
Yes, compulsive gambling can ruin one's life. The guy may have hit it big this time, but what about the next time? Maintaining a profitable betting streak is about as likely as seeing a unicorn in your garden.

Yet, this guy seemed to have hit the jackpot (at least for the time being). Concerning parental notification, well, every scenario is different, mate! He must decide if the potential harm from disclosing the money's origin is worth the gains from being open. On the flip side, if they find out on their own later, things wont end well.

Spending the money you won? Okay, I see your point. Instead of letting money sit in a savings account doing nothing, put it to work for you. Good fortune might change at any time, so take advantage while you can.
4274  Economy / Gambling discussion / Re: Gambling experience using loan money on: July 29, 2023, 05:54:20 PM
I agree with you here, but some people get careless with loans since it feels like you're playing with someone else's money. Loan can give some people a sense of freedom, like the risk is lower because you aren't losing anything. A day before you didn't have that money and now you do.
Some of them feel like it's an easy way to make money for free. You take a loan, bet it, win and pay the loan back, pocketing the profit. It really looks this simple for many of these players, until they lose it all and the reality hits them in the face like a brick.

In fact, it is not uncommon for gamblers to be tempted to seek or obtain loans just to channel their desire to gamble. after getting loan funds, we usually have high enthusiasm to carry out game sessions. in fact, not a few also had the belief that today we would win. then, pay the loan directly along with the interest. this sense of optimism is present, when we do not have a penny of funds for gambling. therefore, not a few are looking for loans to fulfill their desire to gamble. although some of us are reluctant to borrow and only choose when we have our own funds.

As you said, borrowed money can provide a sense of freedom, because at first we really didn't have the capital to carry out gambling sessions. if lucky, we get a win even repay the loan and have extra money to do the next betting session. but unfortunately, if what we plan is not in accordance with the expected scenario. which in the end, we lose everything and face reality like being hit by a brick with new problems faced to pay the money we have borrowed. ah sometimes it's funny, if I remember the past, I experienced this in the era of land casinos. uniquely, I made it a very memorable and meaningful experience to date. therefore, we do not recommend borrowing money just to fulfill the desire to gamble.
Unfortunately, your experience is all too prevalent in the world of gambling. The two dont really go together like... well, you know.

To begin, remember that gambling is inherently a game of chance. There are methods and strategies to increase your chances of winning, but in the end, the house always wins. This is how gambling establishments make a profit. To believe you can cheat this system, especially with borrowed funds, is, well, optimistic, to put it mildly. And if you go bust, you'll be out more than just your chips; you'll be in the red as well. A double whammy, if you will.

Gambling is enjoyable, even thrilling, but only if you're risking money you can afford to lose. Not with borrowed money that could cause financial disaster if lost. Keep your love of gaming alive, but always gamble responsibly
4275  Economy / Gambling discussion / Re: La Liga (Spanish League) Prediction Thread 2023/24 on: July 29, 2023, 05:31:21 PM
Real Madrid is Real Madrid, this club may have been bad last season but it's always easy to get back up and become a threat to its competitors, especially in La Liga which will always be a place where Real Madrid shows its existence. In the Champions League next season they can definitely make a change for the better. I know that today's young squad still needs development, but Ancelotti is used to this and still deserves to give everything he has before the end of his contract.
I totally agree with you. Real Madrid is one of the biggest teams in the world, and Carlo Ancelotti is also a good coach who has a winning mentality. Their poor performance last season must have been evaluated and I'm sure they have high expectations this season. They haven't brought many players this season, but I think they will still be strong candidates in the title race.
Due to their history, Real Madrid is respected in football circles. However, last season wasnt up to their standards. Perception matters. They won the Copa del Rey, which is impressive. Losing La Liga was tough. The breaks, right? Everyone's wondering if Ancelotti can turn things around. He struggled at Everton, lets be honest. This season, Mbappe and Kane are being discussed. Both would boost the squad's firepower. If so, Real Madrid may return to the top. If not...who knows?
4276  Bitcoin / Bitcoin Discussion / Re: Just Another Good Source Of Motivation For You ... on: July 29, 2023, 12:09:59 PM
The constant tug-of-war between having fun and making money. On one side, the smell of a juicy steak is enticing. On the other hand, there is Bitcoin's cold, hard promise.

We people are strange, wouldn't you say? We're happy to spend money on a one-time meal, but we're not so sure about things that could help us get ahead financially. You know, because "risky" Bitcoin is. Like when it fell... and got back up. Then it fell... and got back up

If you are ready to bet on a meal that will be gone by tomorrow, why not bet on Bitcoin? It doesn't always go up, but every time it falls, it always goes back up. Now, if only my diet worked as well as that one...
4277  Bitcoin / Bitcoin Discussion / Re: Avoid Procrastination, Buy Bitcoin And Prepare For The Next Halving. on: July 29, 2023, 11:47:55 AM
Why not use the word invest instead of buying

You don't sell bitcoin, you hodl and exchange bitcoin as well, you cannot buy or sell currency, but you can earn or exchange bitcoin, when you're sure to be ready enough ab exchange, then you nake moves to achieve what currency you're exchanging it for, bitcoin is a digital currency and a currency shouldn't be bought or sold, it's an abuse use of it, some called it money racketing, we exchange money for what we want, learn this and teach every other bitcoin.

source

Yes you are very right mate, holding is what makes you to be a good investors, without hold your investment will be worthless holding a fiat currency is easy but Bitcoin is more easier to hold, because is isn't something you touch with bear hands, I don't get why some investors don't have patience of holding their investment's but maybe this can explain better.

If you overinvest into BTC it can be much harder to hold.  

Also if you have a trader's mindset, it is going to be harder to hold because you are frequently thinking in short terms and perhaps even thinking that you can magnify the size of your holdings by fucking around with trading... and many traders will "way" overdo their trading strategies.. and perhaps should not even be trading more pristine assets such as bitcoin - because they actually do not recognize and/or appreciate that bitcoin is a pristine asset and they fuck around with trading it way to much merely because they realize that it is volatile.. so they mistake volatility with ways to make money.. and perhaps slip into greed or even not really knowing what they are doing.. so then perhaps emotions will kick in way too much based on their putting themselves into such positions of worry.

Surely holding a volatile asset will likely be more difficult than a non-volatile asset, especially if there might exist a wrong kind of a mindset.  Holding fiat seems easier because it tends to be less volatile, and even if there is loss in value, it may well not even be noticed.. especially if you had not really been thinking about your fiat losing value, instead you might be thinking "why are the prices of things going up so much?" so then you might try to hold onto more fiat.. while not really making the mental connection that your fiat might be losing value faster than you are able to accumulate it.
So you've basically solved the perennial dilemma of every Bitcoin trader, right? Which side of the fence do we sit on? Oh, the dilemma!

Isnt it hilarious how some individuals see Bitcoin's volatility as a fast track to wealth, only to crash because they confused the accelerator with the brake? In my opinion, that's a bit of irony. It would appear that the excitement of the trip distracts them to the point where they dont remember to fasten their seatbelt.

Indeed, holding Bitcoin can be nerve-wracking, especially for individuals who have invested their life savings in it. Putting your faith in a basket made of unicorn hair is like betting the farm on a horse that can't break its legs.

Furthermore, there is always trusty old fiat currency. Its ironic that we're gripping something whose value is decreasing while griping about price increases. Do you agree that perhaps we need a new point of view?
4278  Bitcoin / Bitcoin Discussion / Re: Full relay : cost and benefits on: July 29, 2023, 11:19:33 AM
The complete blockchain ledger is, indeed, quite large. Yes, a lot of time and money are needed. The majority of the nodes may ultimately be controlled by a few large organizations. Is that truly a negative thing, though? Its easy to get lost in the weeds and start worrying about every little thing. Perhaps major firms will be able to exert more influence. Perhaps they will alter Bitcoin into something completely different. Or maybe, just maybe, they'll aid in its development and steadiness. It has nothing to do with incentives or algorithms, but rather the network's general trajectory. Bitcoin's strength is in the hands of its users. Bitcoin will thrive despite its size, complexity, and skepticism so long as there is a committed user base that believes in its promise.
4279  Bitcoin / Bitcoin Discussion / Re: My easy way to teach your kids bitcoin. on: July 29, 2023, 10:56:23 AM
Children are like clay and they will be molded the way you try to mold them from childhood. A child will develop the way you try to raise him at home but you have to be aware of how it affects him. It is one thing for children to do something of their own free will and it is another thing to force them to do something. BITCOIN EDUCATION AS AN ADULT, if you try to teach your child about Bitcoin from an early age, it may stunt his mental growth. Because Bitcoin is not for children. You must have some plans for your children so let your children grow up first. As children gradually grow up, their mental development will increase so that they will be able to understand large tasks easily. If they are taught about Bitcoin as children, they will never take it well.
Children still have a weak mentality and their emotions are still immature so they change easily and so in teaching children anything we must always put their emotional comfort first. There should be no coercion and encouragement that can curb their freedom. Because children are very easy to experience stress more than adults. And this can have fatal consequences for the psychological development of children.

Teaching Bitcoin might be better only when they ask questions and are curious. If they are not interested then we should not come forward to over-suggest them. Let them be attracted naturally. In fact, I think when we interact a lot in bitcoin, one day our children will see and feel curious. And they will start asking us to teach them.
You're right, it's a delicate balance - we don't want to stress our children, yet we can't leave them in the dark about realities like Bitcoin.

I agree, forcing Bitcoin knowledge upon them could backfire spectacularly. However, shouldn't we ensure they have at least a basic understanding of this new-age currency? It's like a scavenger hunt where we drop hints here and there, letting them connect the dots on their own.

And isn't it a bit ironic? We're worried about the psychological impact of teaching them about Bitcoin, but we're perfectly okay with the thought of them waking up to find their piggy bank savings worth next to nothing thanks to inflation.
4280  Bitcoin / Bitcoin Discussion / Re: RFK Jr Says He Purchased Bitcoin For His Kids on: July 29, 2023, 10:34:15 AM
He may never be president, but he sure knows how to create waves. I notice that RFK is attempting to diversify his political career by purchasing bitcoin. We are all familiar with politicians and their empty promises. But his foray into Bitcoin certainly bolsters confidence in the cryptocurrency market.

But we cant discount the fact that he's trying to gain attention with this. When you can buy Bitcoin and have the internet do your campaigning for you, why bother giving money to a candidate? Those youngsters have it made, though; 2 Bitcoin each? Hot dang. Not gonna lie, I wish my parents were that forward-thinking...
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