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4521  Alternate cryptocurrencies / Altcoin Discussion / Re: How to Know the Next PEPE on: July 12, 2023, 07:11:55 AM
That's why many people are hesitant to invest in meme coins and for a short term it is acceptable actually,
the risk is big and there is a safer option which is to invest in Bitcoin or other top coins,
there are many examples of meme coins that end up being nothing.

Memecoins are very dangerous to invest into because they're more volatile than Bitcoin and other altcoins that aren't memecoins. Memecoins can pump and dump very fast and if you're not actively monitoring the market, you might miss out on a good chance of selling and be left with worthless tokens that you don't know if it can pump again.
It'll be very difficult to know the next pepecoin because before you get to know about the memecoins, it would had already increase multiple times. Instead of looking for the next memecoins you can use this opportunity that the market is very down to buy altcoins that has lost so much value but has potential of pumping in the future.
If you want to risk your money you can be active on crypto twitter to see what's trending as new coins like memecoins starts to trend and from there more investors get to know about the project and invest in it. Many projects are scam so you have to be cautious unless you'll lose your money to scammers that create this scam memecoins.
The risks you've described for purchasing memecoins are very real. They are well-known for being very volatile and easy targets for pump-and-dump operations. While some investors have made substantial gains, many others are stuck with tokens that have lost most of their value.

Some sage once said, "Do not put all your eggs in one basket." The same principles apply when trading virtual currencies. Your advice to spread one's wealth among several alternative cryptocurrencies with unrealized potential is sensible. The regulatory and political climate that may have an impact on these initiatives should also be taken into account.
4522  Economy / Gambling discussion / Re: Which Crypto coin Do You Gamble with the Most? on: July 11, 2023, 09:37:16 PM
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Now it's back to each individual because of course everyone has their own views to determine the best crypto according to their version for gambling at online casinos. Bitcoin will be the first choice for all gamblers and it is undeniable because it is the first crypto currency in the world, if there is no other crypto option of course I will also use bitcoin. But as long as we can manage everything for the better I don't think it's a problem. Bitcoin is indeed more profitable in the long run and if the number of bitcoins is not large, there may not be a problem when the price fluctuates, but it is different if you have large amounts of bitcoins, of course it will be quite a loss if you fully bet using bitcoins because the profits will change according to the rate and that also applies to all other crypto. That's just my opinion, apart from that everything is very easy for us with bitcoin.
Since it is the first cryptocurrency, it is extensively used, and its reputation precedes it. Other things should be taken into account, though. Every dollar matters in the world of gaming. Furthermore, transaction fees for Bitcoin can quickly add up and reduce your profits. Bitcoin may be a fantastic investment, but using it for everyday transactions like gaming can be expensive.

Dogecoin, on the other hand, presents a significantly less expensive option. It offers a more practical option for internet gamblers due to its lower transaction fees. Although it may not have the same cache as Bitcoin, Dogecoin can provide a more affordable gambling experience. So, even though Bitcoin might be the best long-term investment, Dogecoin might be a superior option for your online gaming endeavors.
4523  Economy / Gambling discussion / Re: Are successful gamblers seen as addicts? on: July 11, 2023, 09:16:39 PM
Yes, the characteristics of an addict are present in a successful gambler. However, its important to distinguish between dedication and addiction. Addiction stands out from other mental health issues because of the negative effects it has on one's personal and professional life.

You can enjoy gambling without falling into the same trap as compulsive drinkers. When negative consequences, such as financial strain, are unable to curb compulsive gambling, the result is addiction. Its not only about putting in work; it's about giving up control.

Addiction may strike anyone, no matter how successful they are. While Elon Musk's work-addicted mmakes him billionaire, it has the potential to be both unhealthy and detrimental in the long run. Always try to strike a balance, and may those who are having trouble with gambling get the treatment they need.
4524  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: July 11, 2023, 08:58:34 PM
I think we can say that the transfer of Nkunku is a good transfer for them.I hope he plays successful football at Chelsea.I think he should buy players like Nkunku and if he can do it cheaper, it can be an incredible gain for Chelsea at the end of the day.
I don't know if Chelsea intends to get another striker, Aubameyang is definitely going to leave the club, Havertz has already left for Arsenal and Broja is out with an ACL injury, that leaves Chelsea with Nkunku as their only striker. Nkunku is good enough to lead the line for Chelsea, but they need at least another striker, but the thing is, are they going to get a quality striker for a high amount of money that will compete with Nkunku for a starting place in the team or do they just buy a makeshift striker.
Looks like Chelsea is still intending to add to the strength of their front line by bringing in one more striker to the club. The name of the striker who is currently quite busy being discussed that Mauricio Pochettino is interested in is Dusan Vlahovic who is currently at the Juventus club. And the good news is that Juventus are also ready to let go of Dusan Vlahovic if Chelsea dares to redeem the player for 80 million euros. But isn't that price too high?
Chelsea's pursuit of Juventus' Dusan Vlahovic is, in my view, a risky endeavor. The 80 million euro price tag on Vlahovic is a matter of concern, because he is yuck. If I were Mauricio Pochettino, I'd be wringing my hands over this deal. I mean, whats the justification behind splurging so much on a player whose performance hasnt exactly set the world alight? Doesnt the prospect of signing someone like Osimhen, who boasts a market value of a whopping $120 million, sound like a better investment? This whole situation smells fishy to me. Its almost as if everyone's trying to squeeze Chelsea for all they're worth.

4525  Economy / Gambling discussion / Re: Your Thoughts On First Time Lottery Bettor Who Won Big Amount? on: July 11, 2023, 08:39:32 PM
Lotteries can be humorous. Lotteries - what's up? Wild money-losing games. Hope and despair cycle forever. Could the insurmountable odds entice us? That jackpot is enticing. My first thought would be, "Well, could they BE any luckier?" More unpredictable? Lotteries are chocolates, friend. Who wins, when, and how? Why not newbie? Wild card, dice roll. The newcomer may get lucky. Lotteries are crazy, pal.

Oh, how unfair that a novice walks in and wins the jackpot while we've been betting for years? Is this chance game more beautiful and cursed? Isnt it unfair?

Can I be sure lotteries should be fun? Why not gamble for pleasure if you can afford to lose? If the notion of someone else winning makes you envious or hateful, reconsider. Could we clarify that the house always wins in gambling and the winner is generally the one who knows when to quit?
4526  Economy / Gambling discussion / Re: Italian League Prediction Thread (Serie A) on: July 11, 2023, 08:16:40 PM
Sometimes we say that some people are not essential in a team, but sometimes things are not entirely true, if there are things and people that are very good to see for the world of football and especially for a club, personally, Allegri is a person who will always make a difference in a team and if he is loved and accepted by his players and they adapt to his system, then he is someone who needs to stay, I want Allegri to stay, over there I had heard a rumor where They said they wanted to take Alelegri to Saudi football, but if he stays at Juve, which needs him so much, it seems perfect to me.
Allegri seems to prefer to stay at Juventus because he is already comfortable there. In fact, he has rejected an offer from the Al-Hilal club, which is ready to pay € 30 million per season if Allegri is willing to become Al-Hilal's coach. But Juventus were very lucky because Allegri was not interested in the Arab League and chose to stay longer with Juventus. I can't imagine how Juventus would be without Allegri. Because Juventus have experienced good times and bad times with Allegri. Allegri continues to be loyal there. Allegri is like a coach who is difficult to separate from Juventus. even if we hear the word Juventus, we will automatically remember the name Allegri there.
Its interesting to see how close Allegri seems to be with Juventus, even though Al-Hilal offered him €30 million to leave. It makes you wonder if his dedication is misplaced. There is a small line between being dedicated and being lazy, and I think Allegri may be dangerously close to that line. He's had some bad moments at Juventus, where fans have called for his head on more than one occasion. Even though he's always being watched, its strange that he's decided to stay. His choice could be because he believed in Juventus's potential or because he didnt want to go somewhere new. The latter is a bit upsetting to me. The combination of a fun task and a good salary should have been enough to convince him. Still, only Allegri knows for sure what drives him.
4527  Economy / Gambling discussion / Re: Saudi Professional League 2023/2024 on: July 11, 2023, 08:01:37 PM
Al-Ittihad has reportedly made a significant offer of €100 million for a three-year contract to Paul Pogba. After Pogba being targeted for a move to Saudi Arabia, he visited there recently and got the opportunity to visit Al-Ittihad's facilities for personal reasons. However, when asked about the transfer speculations, he chose not to make any comments. As of now, no decision has been made. If the news turn out true, then Pogba would accept the offer. I do believe he should seriously consider taking it.
Everyone seems to be talking about Pogba now that a €100 million contract is on the line. Who among us wouldnt be enticed by such a generous proposal? In my opinion, its a fantastic chance for him to make a name for himself and get paid for his abilities. Some have speculated that Pogba, considering his past there and his recent comeback from injury, could want to remain at Juventus. Its true that since leaving Manchester United, he hasnt yet found his rhythm with his new team. Who's to say, though, that a fresh start in a new place wouldnt reignite the flame? I believe it is time for Pogba to really contemplate a contract in Saudi Arabia. Think its funny that a life-changing professional choice is on the line here?
4528  Economy / Gambling discussion / Re: La Liga (Spanish League) Prediction Thread 2023/24 on: July 11, 2023, 07:39:44 PM

During Real Madrid's first training session yesterday, it was seen that Toni Kroos was mentoring the young players and it is hoped he will set a great veteran example for every young player in the generations to come. I think that not only Kroos but Modric will also do the same to help every young player at Real Madrid to develop more and when the games are difficult they have the winning mentality that has been passed down from a long time ago. Maybe that's why Real Madrid gave Kroos and Modric a contract extension as a companion for young players for the next season. Real Madrid knows very well what is needed at this time to improve the game of its young generation.
Real Madrid legends Kroos and Modric mentoring young players is inspirational. They have plenty of match and pressure experience. Real Madrid should prolong their contracts because they can mentor future players. This shouldnt overshadow the club's urgent need to strengthen its roster. Kroos and Modric can define the mentality and tactics, but they cant cover Benzema's front-line absence. Thus, Real Madrid must quickly sign top forwards. Despite Kroos and Modric's guidance, the club may struggle against competitive teams.
4529  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: July 11, 2023, 07:19:18 PM

source

Even though his fate is increasingly unclear in the eyes of Erik Ten Hag, now Maguire is trying to correct his mistakes, especially when guarding Manchester United's defense. It was reported that he was taking private lessons with Carvalho, this was done so that Maguire would not lose his regular playing time in the Red Devils squad. I know Maguie often makes blunders, there are not even a few disputes on the field with De Gea. But there's nothing wrong if he really intends to fix it on the sidelines of a long holiday. Next season maybe he will no longer be part of the main squad. But at least Maguire has learned a lot that the competition to find the ideal place at Manchester United is not as easy as it used to be.


What do you think Maguire future looks like? is it still worth being a Manchester United player even if it's only as a reserve player?
Maguire has unfortunately failed to live up to the expectations at Manchester United. His leadership qualities have often been under question and the on-field disputes with De Gea have done no good to his reputation either. Now, we hear he's been training with Carvalho. Great news, right? However, it seems like a desperate attempt to save his career at United. Do we really think private training sessions could magically solve all his problems? Ten Hag might not even have him in his primary plans for the team. Is Maguire just going to be a third-choice defender? Thats quite a fall from grace, isnt it?
4530  Economy / Gambling discussion / Re: Germany League - Bundesliga Prediction Thread on: July 11, 2023, 07:02:18 PM
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Last season did not seem like the right time for Tuchel to be able to bring Bayern Munich to the semifinals and he seemed to have full responsibility amid the difficult situation faced by Bayern Munich from securing the Bundesliga title and also the Champions League at the same time. I think any coach will find it very difficult to deal with this situation and like it or not, Tuchel must prioritize competitions with a better percentage to win and that is the Bundesliga trophy. But last season Tuchel also almost failed to defend the title if Dortmund did not lose in the last game against Mainz.

This time, as the ruler of the Bundesliga, Bayern Munich cannot rely on luck anymore and they must focus on improving the existing squad. If they are still in the same situation next season, Bayern Munich may lose the Bundesliga title. For the champions league I don't think Bayern Munich has been able to live up to the public's expectations because it needs a better squad than now if they want to compete with Manchester City or Real Madrid.
Bayern Munich's first season under Tuchel was tough. He had local and European goals. Tuchel's management expected a treble, which may have been unrealistic.

However, Dortmund's final-match disaster helped Tuchel defend the Bundesliga title. The club cannot continue to rely on such luck. Bayern must bolster their roster in the summer transfer window to win. Failure to do so could cost them the Bundesliga championship and the Champions League.
4531  Bitcoin / Bitcoin Discussion / Re: Investing in Bitcoin in Student Life on: July 11, 2023, 06:44:26 PM
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Actually, a $10 per month is not totally poor for a student not from a buoyant background. But I feel if such person can devote time and learn trading, they can make $40 from the $10 within 3 months. Bitcoin might not give this in one year if bull run is not seen.

For sure, trading is bad advice for the vast majority and probably even the overwhelming majority (close to 90% of normal people --- aka normies)... It's like you are suggesting that since you are poor... learn how to gamble.  Fuck that nonsense.

Personally I believe that if you are poor then that is more reason why you need to be more conservative rather than choosing to enter into risk merely in order to try to beat the odds - when 90% or more of traders are not beating the market, and they specifically not beating some kind of a DCA technique.

Sure, you can try to supplement DCA with some advance techniques of buying on dips, but the core of the beginning positions is probably to be focusing on investing regularly and figuring out ways to build your BTC regularly.. and don't be fucking around with selling.. If you want more BTC, then you need to figure out various ways to buy more rather than selling in order to try to buy lower... and also fuck shitcoins, if you are suggesting to get involved in some kind of a shitcoin in order to increase your BTC stash.. that would mean that you are distracted, and you probably would be better off figuring out various side hustles to earn more money in order to buy more bitcoin to get yourself up to buying $100 per week of bitcoin rather than $10 per month of bitcoin.
You appear to understand trading well, pal. Yes, most traders dont beat the market. Trading, especially day trading, needs a lot of time, expertise, talent, and luck. This isnt possible for most "normies".

I'd advise against generalizing any transactions. While I agree that a conservative, DCA approach is usually optimal, especially for newbies and those with low finances, other investment techniques might be advantageous.

I'd also like to point out that your "shitcoin" stance is really binary. Altcoins with good fundamentals and large returns exist. Diversification can reduce risk even in crypto. Each investor should do their homework before investing.
4532  Bitcoin / Bitcoin Discussion / Re: Do you think at some point government will change its stand and adopt Bitcoin? on: July 11, 2023, 06:24:29 PM
All of these things may or may not happen. Because talking about bitcoin adoption, as we know, currently not many countries are willing to adopt bitcoin as currency or as a means of transaction.
Because there are many reasons that make bitcoin not so easily adopted by a country. Maybe due to legal issues in force in that country or about dislike of bitcoin assets. So speaking of that,it will be difficult indeed, to make bitcoin adoptable by certain countries "for now"

But it is possible that in the future bitcoin will be accepted by all countries in the world. Because as you mentioned, there are also people who didn't like bitcoin at first, but in the end these people can change and can really like bitcoin. So with this fact, the hope that bitcoin can be adopted by all existing countries is still very wide open and you could say that all of these things could happen.
Because basically want any argument or opinion, if it aims to disgrace bitcoin, I'm sure it definitely won't be able to. Because of bitcoin assets, you can say that they are very good assets and have great potential. So for example there are people who research bitcoin who initially want to find a loophole in bitcoin, but in the end change your mind and decide to like bitcoin, it can indeed happen. And that includes for a country as well.
Bitcoin's future as a global currency is debated. A universal cryptocurrency is appealing, but we must consider the consequences.

First, law. Bitcoin bypasses banks, but it's risky. It unleashes money laundering, black market trades, and tax evasion. Thus, while a Bitcoin utopia may be appealing, legal obstacles are huge.

Bitcoin may not be a "great asset" though. The currency's volatility makes it a dangerous investment. Bitcoin lacks consistency and stability, which economies need.

People's views about Bitcoin don't inevitably change governments' policies. Governments and individuals operate differently. A nation must prioritize economic stability above Bitcoin gambling. Bitcoin as a national currency is currently a political experiment.
4533  Bitcoin / Bitcoin Discussion / Re: Country rankings in "Bitcoin friendliness" on: July 11, 2023, 02:53:13 PM

They are first countries make Bitcoin legal tender but they are not first countries where people use bitcoin. The hub of Bitcoin communities is in the USA, North America and Europe and it won't be shifted to other continents, countries too quickly.

Those two legal tender countries don't contribute too much on trading volume of Bitcoin as well as bitcoin transactions but we must appreciate their initiatives to make Bitcoin legal tender. By using legal tender stories from two nations, I want to say the same about Bitcoin friendly nations.

Asia isn't non-existent either. Take Singapore, for example, which is extremely BTC-friendly, or Thailand, where BTC is widely used.
Similarly, if you look at the number of Indian users who are involved in some way in BTC-related business (even if their regulations and laws are not specifically BTC-friendly, on the contrary), I don't think we should forget Asia. What's more, it's the biggest "market" in the world.

About El Salvador, what counts is not trading volume in my opinion. It doesn't really matter. What El Salvador brings, is confidence. By making BTC a legal tender, they gave a lot of people confidence that BTC was here to stay. Likewise, they're producing some excellent innovations in the BTC mining field, and I'm convinced that sooner or later, the lead they're taking will make them ideal advisors on how to run a business model that accepts Bitcoin on a great scale.
Asian countries do influence Bitcoin. Bitcoin's decentralization and portability make it appealing. Singapore and Thailand's hospitality may inspire neighbors.

India's crypto-renaissance is underway. The Indian Bitcoin community has persevered and innovated despite legislative uncertainty.

El Salvador: trustworthy? Right on! Trading volume is immaterial. By reducing barriers and building confidence, cryptocurrencies can become mainstream. The cryptocurrency business was shaped by El Salvador's legalization of Bitcoin.

Bitcoin mining has also improved. They appear to be creating a "crypto masterclass" for everyone. Blockchain technology could make societies more open, efficient, and egalitarian.
4534  Bitcoin / Bitcoin Discussion / Re: Why research is crucial to a good experience - Tips from a decade-old Bitcoiner on: July 11, 2023, 02:30:50 PM
Its the ultimate "shoulda, woulda, coulda" story, and lets face it: we've all been there. If I had a nickel for every time I made a mistake, I'd have a lot of Bitcoin by now.

You bring up individual investigation as though it were a silver bullet, but buddy, let's face it: not everyone has the expertise to evaluate market patterns or anticipate the next big coin. We'd all be crypto experts if that were the case.

I wont deny that your Bitcoin loss is painful. But hey, you got Call of Duty, so who comes out on top? (Don't take this seriously; I'm only kidding around!) Though, it is unfortunate, but as they say, hindsight is always 20/20.

You warn against investing in alternative cryptocurrencies, but isn't it like laying money on a long shot in a race involving a thousand horses? Bitcoin may be in the lead, but the swiftest runner doesn't necessarily come out on top. Which side of the coin will surprise us next? Give these "shitcoins" a chance and let's keep an open mind about them, shall we?
4535  Bitcoin / Bitcoin Discussion / Re: Positive thoughts and attitude towards Bitcoin. on: July 11, 2023, 02:07:05 PM
Firstly, compliments to your forward-thinking and business spirit. I admire your drive and ambition that led you to first bootstrap your tiny farm and then go headfirst into the digital currency market. You should follow the road illuminated by the principle of prudent risk-taking.

Your confidence in Bitcoin mirrors mine. The blockchain technology that underpins Bitcoin has vast untapped potential. Its a novel method of guaranteeing openness and cutting out the need for intermediaries, not just a digital currency.

Concerning the possibility of risk , I agree wholeheartedly. Life is fraught with peril. In truth, life without any dangers would be boring and dull. So keep up your bold spirit and adventurous spirit! You're making smart moves, and I hope they pay out for you.
4536  Bitcoin / Bitcoin Discussion / Re: "Not your keys, Not your coins" is not enough on: July 11, 2023, 01:47:24 PM
It is sad to see that people are still not 100% sure what they are doing and that means we are not going to see security in the crypto world all that often and not anytime soon. There are still a lot of people who keep on forgetting that crypto is a dangerous place and since the law is not on our side just yet, people who hack or steal or scam you "usually" do not get caught. Of course anyone who does it for a grand scale would be caught or at least looked for, there are people who stole millions, and those people will be searched.

However, someone who steals a few grand from someone in the crypto world will not be cared about at all, so you can't really trust anyone in this world and you need to be more careful than you probably should be.

The world of bitcoin is dangerous, but it also offers unprecedented security and transparency. Blockchain's immutability helps build confidence in trustless environments. Bitcoin proves it. Its not a scam-ridden sewer but a dynamic ecology thats altering money and trust.

Hackers and scammers are human nature, not crypto. They're anomalies. I see the crypto community as full of innovators and visionaries fighting to make the digital future safer and more secure. Small-scale thefts go unpunished in traditional banking systems too. Credit card fraud, identity theft, and phishing schemes are commonly ignored. Instead of condemning crypto, promote reform and legalization.
4537  Bitcoin / Bitcoin Discussion / Re: Motivating gambling addicts to invest in bitcoins. on: July 11, 2023, 01:27:05 PM
If someone struggles with a gambling addiction, this person might need professional help. If not, an activity to substitute gambling can be good, but I don't think that investing in Bitcoin is a good option. Firstly, gambling is often about getting fast results, while Bitcoin investment isn't. You bet some money and get a fast result, learning whether you won or lost the bet. Then you do it over and over again. Buying Bitcoin like that, using small amounts and many iterations, can look as suspicious financial behaviour and cost a lot in fees. Also, there's no immediate result, as the price simply fluctuates.
Secondly, a big part of the problem with gambling is losing money, which is why I believe that investing in Bitcoin is a bad option. If a person is just buying and buying without being willing to sell, it's basically lost money. Not to mention that Bitcoin can be in the bear market for a long time.
Gambling and Bitcoin investment may be confused. Gambling is addicting, while Bitcoin investing is strategic. It demands knowledge of both blockchain and the financial world. Frequent minor investments raising suspicion and hefty costs can be minimized. Research and choosing a competent trading platform helps reduce these concerns. Bitcoin "losing money" may be oversimplified. Though unpredictable, the cryptocurrency market has seen huge long-term profits. Hodling, or holding Bitcoin, has often yielded large gains in crypto.
4538  Bitcoin / Bitcoin Discussion / Re: Bitcoin is the way to Prosperity for a Determined Dreamer on: July 11, 2023, 01:05:35 PM
It's going to take a very long term investment for someone who earns a very small amount of money to invest in Bitcoin, you can keep investing 50$ per month on Bitcoin for years to become a successful Bitcoin investor, because let's face reality, Bitcoin is not going to give you ten to twenty times your money, to ease your mind it's better target Bitcoin with good number of income if truly Bitcoin is your goal to financial freedom.

It's better to plan your retirement with Bitcoin because someone in your level will find it easier to do instead of someone who want to make life changing money through Bitcoin investment in 2025, it's not going to happen unless you have the money, like 40,000$, I am a realistic Bitcoin investor, I don't like receiving myself like many people, Bitcoin can only triple your money to maybe four times your money and that's it.

My advice is, target the long term if you are making too less money or simply start doing more jobs to invest a specific amount of money in Bitcoin per month, do not be deceived.
You say Bitcoin is a sluggish race for low-income people. Isnt Bitcoin's magic that? Its a long-term investment that can help low-earners build wealth. Bitcoin may not make you a fortune overnight, but remember the turtle and the hare. Its endurance, not speed. Bitcoin has survived many storms since its creation. This is worth gold - or Bitcoins - in investing! Bitcoin isnt everything. The real revolution is blockchain technology. Its like dismissing the mine that produced one gold piece. Finance, healthcare, and voting systems use blockchain technology. Isnt life exciting?
4539  Bitcoin / Bitcoin Discussion / Re: Were you a bitcoin sign guy? The bitcoiner that photobombed the FED in 2017 on: July 11, 2023, 12:48:13 PM
Let's toast the Bitcoin sign guy, whose brave move delighted Bitcoiners. His charming interruption of Yellen's speech proved Bitcoin's mainstream status. I doubt Bitcoin will replace country dollars, but its possible.

Zimbabwe and Venezuela's currencies collapsed due to inflation and mismanagement, not cryptocurrency. Bitcoin is a viable option, but socio-economic factors must be considered. Bitcoin adoption in stable currencies requires major structural reforms.

Our Bitcoin sign guy earned 7BTC from the community, demonstrating decentralized financial power. It also raises the issue of wealth's impact on the community.
4540  Bitcoin / Bitcoin Discussion / Re: Motivating gambling addicts to invest in bitcoins. on: July 11, 2023, 03:55:01 AM
At the core, it seems to be about replacing a high-risk activity (gambling) with another high-risk activity (cryptocurrency investment). Although, on the surface, both share similarities like the potential for big wins, they are inherently different in their operation and implications.

Bitcoin investment, unlike gambling, is not based purely on chance. It requires an understanding of economic principles, market trends, and risk management. While this knowledge can be acquired, the same personality traits that lead to compulsive gambling might exacerbate risky behaviors in cryptocurrency trading.

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