Bitcoin Forum
July 04, 2024, 06:20:09 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 [219] 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 ... 339 »
4361  Economy / Gambling discussion / Re: Just a Question... on: October 25, 2020, 04:44:54 AM
Telegram is a home for scams and whatnots that would probably prevent them from actually being a community, PLUS there are a LOT of people who don't know much about telegram, which makes them prone to actually being scammed by others, which one way or another, leads to the implication of the casinos those scammers impersonate. Add that to how much organized you can actually be with discord compared to telegram, anyone would clearly choose discord over telegram. Social media is also used although that's mostly for admins to actually put out announcements, compared to discord where the community can interact with each other.
4362  Economy / Gambling discussion / Re: Lost more in the process to recover ? on: October 25, 2020, 01:48:29 AM
The best strategy would be to take some time off if you are on a losing spree, you will usually get a way better result after some break and will have better chance of winning what you lost back, it happened to me too many times and no matter how hard I try after a while I find myself making this mistake again but I'm noticing that I'm definitely getting better at it.
It's actually more on how you can control yourself better rather than winning more in case you reset your mind after a losing streak. It's like removing the impulsive desires in your mind, clearing it so as when you once play again, you can make better decisions in terms of exiting or continuing gambling.

Or simply stop getting all those losses back,

As OP said, he tried to gamble more instead of stopping immediately. He might thought that if he continue to play he might win that time. In this kind of situation, it is better to stop and try again the next day or a few more days before starting to gamble again.
True, trying to judge whether to stop on something as vague as luck on whether to continue or not seems like a bad idea. As far as it's concerned, it's actually one of the reasons why people seem to actually continue gambling even when they lost huge amounts, probably because they won big at the beginning. I don't know if it exists or not, but there are some casinos that let you win for a bit, then make you lose by quite a lot. Could happen in table games, yes possibility is low, but it could still happen right?
4363  Economy / Trading Discussion / Re: I need help thx on: October 24, 2020, 10:07:29 AM
Well, judging by the amount of time you said and if you really did to the best of your effort, the chances of someone being able to help are quite slim. Of course, granted that your efforts actually included communicating with the support of whatever project/investment you spent your money in. Additionally, since you seem to be talking about Bitcoin, it seems like that slim chance I said earlier died. Any coins that are sent to another wallet is pretty much impossible to be recovered. My only advice to you would be to actually spread whatever investment/project you lost your money to so as to warn others.

Next time, probably google search everyone included in the project (staff) as well as lookup info regarding the project across various platforms. You're dealing with money here after all, and just like what you experienced right now, it isn't exactly easy, if not impossible, to actually return your funds.
4364  Economy / Gambling discussion / Re: Online Gambling could be used to pay for covid problems on: October 24, 2020, 05:18:34 AM
Guess the government has to somehow pull out funds from somewhere else cause clearly they aren't able to carry the burden anymore. A lot of mixed reactions here, but it would end up in mostly negative reactions from the side of gamblers tbh. mostly due to possibly due to this being a simple excuse for the government to rip off money from gamblers, who are in fact just minding their own business on one side of the world. It's like slamming the door open to a house, demanding payment for some stupid rule that the king decided for the "greater good".

Plus, I imagine that the same rule would still be in place even without the Covid. This probably just gave them a suitable excuse to implement such a rule. Though it isn't exactly without benefits, but honestly, even without it, gamblers would still be quite happy with their lives.
4365  Economy / Speculation / Re: My 'vast' BTC hodl on PayPal on: October 23, 2020, 10:17:23 AM
According to their terms, it says you can't deposit or withdraw or transfer the crypto. So if you buy BTC on Paypal, what can you do with it exactly besides sell it back for US dollars sometime in the future. This is the part that I am confused. This seems like a good way to get people to invest in Bitcoin but will they ever be able to spend it?
I think they're just mainly promoting it as an investment? From what I read from their announcement that is, especially since their articles about crypto is more concentrated on the facts about the risks and benefits of investing/trading Cryptos/BTC. Also, you can "technically" buy using BTC, but according to Paypal themselves, they convert said BTC to the local currency of the merchant, so as to have 0 issues with difference in money/fees/etc. They cleared that up gladly enough, so I guess you can technically buy and sell crypto and use said crypto to buy stuff.
4366  Alternate cryptocurrencies / Altcoin Discussion / Re: Is DeFi really a threat to centralized finance? on: October 23, 2020, 07:29:48 AM
It's probably more of an intro of something that could be done to better improve what we have today. It still remains to be seen whether it could actually provide to be a supplement to the improvement though, and even if it does actually prove to be a boom, I can hardly see the world actually moving forward to one where defi is the main financial system used. It'd probably turn to something like a Defi-like system being controlled by the government, or something similar, though that could hardly be called a Defi at that point. Well, answers would prove to be shown in the near future if they ever implement Defi as a supplement to what we have right now.
4367  Other / Archival / Re: Why you should not use Paypal for Bitcoin on: October 22, 2020, 10:36:40 AM
Paypal doesn't allow the user to send or receive cryptos, only they allows them to buy or sell cryptos, am I correct?

Use of any centralized service always comes with risk and they clearly stated that you will not be provided with private keys so it just making the people to go towards centralized crypto adoption.
Yes, from what I understood. The option of buying with Bitcoin through PayPal is actually just Paypal converting said Bitcoin to fiat before first sending it to the partnered merchants. Their concept of crypto right now is basically something like you bought something, but you don't have it. Tbh, this just ended up in being hyped up too much, especially since their way of providing the system of being able to buy Crypto is flawed in itself.

I just hope their so-called education about crypto and what not provides how their service of buying and selling crypto is unlike what it supposed to really be, though that's very unlikely, I can still hope for it right?
4368  Economy / Exchanges / Re: [Survey]Do we need to provide KYC documents in any cryptocurrency exchanges? on: October 22, 2020, 07:43:13 AM
I'm not particularly a heavy trader, so I've never really needed to provide KYC whenever I trade, I mostly do my trades in Binance and so far no prompts about needing KYC were required for me to do so. Still, If I were prompted to give KYC to every single site I would need to use, I'd rather not to. I mean, who wouldn't prioritize not giving their personal info to others right? But if rightfully needed, I suppose I wouldn't have qualms about it. I personally don't want to, but if it's a requirement, I'm down for it.
Why should those exchanges collect our personal information? Do you think KYC is necessary?
The Law. A requirement of sorts, is it necessary? In my eyes probably no, but they look at the perspective of anything that could happen kind of thing. An exchange may host hacked coins so having KYC for users could easily help in pinpointing that. Iirc, the recent twitter scam was traced due to the scammers sending coins towards exchanges then withdrawing them without even going through mixers. Might not be the entire story, but I'm pretty sure it's close.
4369  Alternate cryptocurrencies / Altcoin Discussion / Re: 24 eth instead of 24 usdt....What Will You Do If.......? on: October 22, 2020, 05:45:05 AM
Eh, I won't judge you if you don't return it. If you truly need it that is, and you're not really to blame if you were to ever run with it, simply because it was an error on their part and not necessarily yours. I would probably not return it if I were in your shoes, especially if the said exchange stays silent and doesn't demand a return. If they demanded, I might give in since I'm not particularly at a difficult spot, but if they don't, I don't see a reason why I should.

Heck, you can even negotiate about retaining maybe half the amount. I'm pretty sure you have the advantage in terms of negotiation power here since you have the funds, while they don't necessarily have the right to argue due to their mistake. It's really up to your moral compass on how much you're willing to return.
4370  Bitcoin / Bitcoin Discussion / Re: Will you buy BTC from PayPal now that they are letting people do it? on: October 22, 2020, 05:00:14 AM
I'm pretty satisfied with buying mine from exchanges, and it seems like it's not really Bitcoin you're buying like what @hatshepsut93 said. If they were to implement a real exchange somehow, even if it's solely for Bitcoin, then I might buy some. Set mine to I'll wait and see. Also if you were to look at their announcement, it seems like only US users, for now, have the chance to buy crypto through them. I might wait and see if they'll adopt a change into it once they make it an international feature, but till then, I can only wait.

Quote
The service will be available to PayPal accountholders in the U.S. in the coming weeks. The company plans to expand the features to Venmo and select international markets in the first half of 2021. The service is enabled in the U.S. through a partnership with Paxos Trust Company, a regulated provider of cryptocurrency products and services.

Source: https://newsroom.paypal-corp.com/2020-10-21-PayPal-Launches-New-Service-Enabling-Users-to-Buy-Hold-and-Sell-Cryptocurrency?sf130849673=1
4371  Economy / Economics / Re: Why has crypto failed to break through still? on: October 22, 2020, 02:58:46 AM
You're asking why a collective group with no leader and most are in it for the profits, failed to breakthrough another group that has a clear set of rules, a clear set of hierarchy, and is clearly accepted by the majority of the masses, mostly due to to the power they were asked to hold? The community isn't afraid, just that it's stupid to overthrow the current system we have when our system itself is still flawed and unsuitable for full adoption. Not to mention, how do you think would it impact society if the financial system was suddenly overthrown, not by a group with a central leader, but an overall group? You're basically asking to set us back to the old ages where strength is the rule.
4372  Economy / Gambling discussion / Re: Lost more in the process to recover ? on: October 21, 2020, 11:32:19 AM
Well, at the very least, you were able to lose an amount that was manageable. Trying to recover funds you lost in gambling is actually quite normal imo, it's like the hope of wanting to manage to even out when losing in a trade in the market, so there's actually nothing wrong with that. The wrong part starts when you start losing more than you can handle. I myself have lost more in the process of trying to break even when I was gambling, and I see nothing wrong with it tbh. I still am able to manage my funds properly, making sure that the funds I lost are ones that I can afford to lose.

I mostly just try to see if I can manage a return while staying inside the affordable amount. For example, I lost around $20, then I set a limit of around $10, that's the limit of money I would spend to try to recover the lost $20. If I lost, then that's that, I'm calling it quits, but if I won, then lucky enough I broke even.
4373  Bitcoin / Bitcoin Discussion / Re: Darkside Hackers donating Bitcoins on: October 21, 2020, 09:34:45 AM
Probably to the police. They can simply ask the police to hold an auction, the one that's held to unmark those Bitcoins that are marked as hacked, so either way, they'd still receive support from the money they got. That, or they can simply just surrender it to the police, though I'd prefer it honestly if it was the former. From hackers or not, a donation is still a donation after all. It's like blaming the currency for being used by hackers or something, which is plain stupid.

....They are acting like modern day crypto Robin Hood sending 0.88 BTC to both of the charities.
It looks like the hackers are only trolling or looking for fame. Although 0.88 BTC [$10,000] is a big amount to most, it's nothing to how much they have extorted from companies they attacked. They could have used a mixer too and not announce that they sent it to a charitable organization if they were serious.
A donation is still a donation imo, whether it be for the purpose of fame or fun. Let's be real, how many politicians actually donate out of the kindness of their hearts right? That's why it's probably stupid to judge a donation based on what the motives are, a donation is still a donation imo, which can still prove to be helpful for those that are in need.
4374  Bitcoin / Bitcoin Discussion / Re: Will bitcoin co-exist with the current financial system on: October 21, 2020, 08:31:03 AM
Coexist is the term I would use and would hope to happen I suppose. It's not like the governments can fully remove it from the scene, I mean they already tried, and they failed quite splendidly. Not to mention that more and more users are being attracted by Bitcoin after all. Also, Bitcoin wasn't created to address the inequality or whatever of the currency of your country and usd, nor was it solely for currency. It was made mainly to remove the third parties between transactions, to create a system where trust isn't needed, where transactions happen directly between you and another party. Sure it seems more advantageous than the current financial system, but it only fixes SOME of its issues, such as being transparent. And at the same time, it also has issues in itself.

The current financial system of ours isn't actually bad, the evidence is that it's used till now. The problem is, the ones that we trust our money to, the ones that manage the said system, are quite inefficient and literally break the concept of what we give to them, "trust".
4375  Economy / Speculation / Re: Are we back to the bull market? on: October 21, 2020, 07:28:30 AM
If you were to consider since back then, then like others have said, we're already in a bull run. We reached $11k+ last mid year (I forgot exactly the highest) then the price just played around that till last march, where the covid (probably) caused a huge decrease in price, but even with that considered, it's still a bull run since we made it back to $11k in 5-6 months.

Still, if you were asking if we were to stop playing around at the current price, and Bitcoin would actually move up starting now, then It's still hard to say. It just broke $12k, which isn't really anything new, it broke it once already a few weeks ago, but the price still went back to the $11k range, so it's still hard to say.
4376  Bitcoin / Bitcoin Discussion / Re: What asset would you HODL for the next 5 years?? on: October 21, 2020, 06:37:32 AM
Not surprising why Bitcoin wins the race, heck I don't even know why the US Dollar is in there. Also, it'd probably be better to spread it somewhere else, not on a forum that most people, if not all, are just generally positive towards Bitcoin. I'm pretty sure some people out there would actually consider how volatile Bitcoin is and would rather go for a safe asset such as Gold, which would probably help them retain the value of their money, whereas in Bitcoin, it's still generally unknown whether it could actually increase or even hold out it's value right now, though the general populace are siding more with it actually increasing it's price in the next few years.
4377  Bitcoin / Bitcoin Discussion / Re: Google news is spreading FUD on: October 20, 2020, 12:07:29 PM
Tbf, fake news and the like is an everyday occurrence, not just with Google, it's literally everywhere. Social media itself is filled with fake news, but does anyone report that? Just correct it or question it whenever someone actually spreads info and you see them. Anyone who's pretty in the know about crypto should know about whether it's true or not, but most especially it's not FUD. Google is basically just like a billboard or something that allows anyone that pays to show their articles and the like, so blaming google here seems quite unreasonable.
4378  Economy / Gambling discussion / Re: Gambling thoughts. on: October 20, 2020, 11:20:47 AM

1. Which one do you prefer, Casino gambling or online gambling?
2. How much money are you willing to spend on gambling?
3. How do you manage your lose streak or win streak?
4. If you will have $1000, what game in the casino you are going to play?
5. What is the best advice that you can give to a gambler?
1. Online gambling, I myself am not really fond of social gatherings so having the chance to be able to play online is pretty nice.
2. Pretty limited, it depends on how much I have for the month and what expenditures I got, but it won't exceed a total of 10% of what my pay for the month that is. If I get beer money from some sites, I use some of that to play, but other than that, there's nothing.
3. Nothing, I just play for fun anyway. As long as my funds run out, I just stop, winning streak or not.
4. Crash, Roulette, BlackJack. Those 3 are some of the games that I really enjoy for some particular reason. They aren't that complicated, nor do they actually require skill, but I still have lots of fun with them.
5. Don't gamble? Like really, as a gambler, that's the best advice I could give to a fellow gambler.
4379  Economy / Speculation / Re: Will 2017/2018 Bullrun repeat in 2021? on: October 20, 2020, 07:07:11 AM
If we're solely basing it on history, then yes, there's a possible chance that the bullrun would happen around early to mid 2021. Not to mention that various companies have shown favorability to Bitcoin as a store of value, investing their company stocks into it, and let's not even mention how Grayscale has kept buying out Bitcoin recently these past few weeks. Still, anything can happen, it's also the reason why Bitcoin is well known as a highly volatile market. You never know what piece of news can actually affect the demand of people for it.

I'm guessing that once Bitcoin breaks around $13-$14k, you can expect to see a few signs of whether the market would actually hit a bullrun or not. Most people are actually expecting it imo, since really, every halving the market has always shown significant growth, so a lot are probably expecting the same this year.
4380  Economy / Gambling discussion / Re: Towards another gambling site. on: October 20, 2020, 05:34:13 AM
I'm guessing the best bet you'd get with is just generally strategies to minimize the losses, but that's it. There isn't really any strategy in the game of roulette itself, though outside of that, you can get countless of strategies to avoid the casino from taking advantage of you. Best tip? Don't get greedy, pretty much just like how it is in terms of any other type of gambling game. Gambling is in a sense, basically, you waiting for a result after throwing in money, meaning after you threw your money that's it, no guide left. BUT, you can still form strategies BEFORE throwing money, so play around that.

Still, goodluck with it, roulette is pretty laid back at times, especially when you're playing in an online casino. Afaik, roulettes on physical casinos are much more intense due to the people playing together with you in a table.
Pages: « 1 ... 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 [219] 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 ... 339 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!