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June 16, 2024, 07:25:37 AM *
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481  Economy / Gambling discussion / Re: An Unusual Story that Reflects the Current Gambling Addiction Reality on: February 26, 2024, 12:33:37 PM
I think the person offering help probably got wary because the husband wanted to use his own account for his wife's medical funds. There's a concern that the money might end up being spent on gambling instead of the intended medical support. This situation shows how gambling issues can make people doubt even well-intentioned gesture and it just shows the real-life impact of this problem
The man did the right thing. I guess the man knows the husband. The husband can be someone that do misuse money, especially if he is a gambler. That may not be the complete amount of money needed and he can think the man can think of doubling the money and gamble with it. It would be unfortunate if he gamble with his wife life. It is better the man pay the wife account the money so that the money can be used appropriately.
482  Economy / Economics / Re: Backing Fiat with Bitcoin...A possibility? on: February 26, 2024, 12:20:11 PM
Do you think this is a possibility? If not, why? What will happen to the global economy if major Fiat currencies are tied to the value of Bitcoin? Will it prosper?
Did you see how tether did it? Just like 5% of USDT is backed by bitcoin. If the government also back just little amount of the reserve in bitcoin, it would be good. The long term outcome would be positive. If bitcoin stayed for many decades, the government of some countries will see it as a viable means to store part of their reserves. Countries like El Salvador that have bought bitcoin earlier will enjoy the benefit.
483  Other / Beginners & Help / Re: Microstrategy’s X account gets hacked, $400k stolen through phishing scam on: February 26, 2024, 07:18:24 AM
I am disappointed that Microstrategy X account was hacked. Hacking of people X account is common since some years ago and it is now like every week that a well known person X account is hacked. Even it happened to United States SEC early this year that fake bitcoin ETF approval was tweeted by the hacker.

It is simple, this people do not care because the ways to secure your Twitter account is simple. Use 2FA app or security key to secure your wallet and your X account will not be hacked. If you have another device, security key is not necessary and you can just use the 2FA app on another device. This is simple but we will hear soon that another well known person's X account has been hacked.

I can not be a victims of this because I will easily know that the account would have likely be hacked. I do not believe anything good from social media anymore because of how the accounts are often hacked easily.
484  Other / Beginners & Help / Re: Help on "Signet" on: February 25, 2024, 06:24:40 PM
Signet is used by developers. Signet is different because it is not using PoW as its algorithm but using digital signature to validate blocks. If you are not a bitcoin developer, you do not need to know about it. What you should know about is the mainnet and using testnet for practice to know how bitcoin wallet and how bitcoin transactions are.
485  Bitcoin / Bitcoin Discussion / Re: Donald Trump's stance on Bitcoin is changing on: February 25, 2024, 09:37:50 AM
Did you think that Trump will not win the primaries flawlessly? He would have won becuase he is very influential and he was the former United States president. The only obstacle he has in the presidential election is his rival Biden which is the present US president.

The crypto community also commented that he may be looking for vote from crypto community. But be it that, I like that the adoption of bitcoin has proven itself with masses which are now bitcoin holders and the approval of bitcoin ETF in the United States.
486  Economy / Service Discussion / Re: Cloud Mining recommendations on: February 24, 2024, 08:33:31 AM
Hello, I'm looking for recommendations (based on first-hand experience) for legitimate cloud mining companies.  I'd appreciate any input, thanks.
If you want to mine bitcoin, it is better you learn about mining bitcoin and buy ASIC which is the equipment necessary for bitcoin mining. But before that, you will need to make calculation to know if your electricity cost, to know if it will make you to make profit and that is when your electricity is also good. If you do not have good electricity or the electricity is expensive in your area, then you do not need to mine. But most importantly, not go for cloud mining if you do not want to be disappointed with loss of money. Cloud mining are scam.
487  Economy / Trading Discussion / Re: Spot Trading vs Futures Trading on: February 24, 2024, 08:18:36 AM
so for those who want to profit quickly but with lower capital, they can choose futures trading. but for safer trading, spot can be the best choice.
That is why you talk about margin call and liquidation. If you are a future trader, you can decide not to be greedy and just go 1x or less than 1x which will make liquidation not to be possible if the trader go long position, and also making the liquidation to be hard for short position if the trader is trading good coins like bitcoin. Future trading can be good but people are using it to trade with greed and they are losing because of that. The coins trader is trading is also very important. There are some coins that are easily manipulated. Traders should avoid such coins as they are coins with low marketcap.
488  Economy / Trading Discussion / Re: Does Technical Analysis Really Work? on: February 23, 2024, 07:22:37 PM
Greed is one of the ways we can trade in the market and keep complaining that we are not making any profits from the market.
If we can at least take away greed from our trading journey, we might finally become a good trader if we know what we are doing and how to know go about it staying away from the spirit of greed that could make us to lose in the market.
We can always use technical analysis to analyze the market and try to make money for ourselves if we know what we are doing.
Technical analysis is important for traders to analyze the market but some people will trade and be losing in trading no matter the technical analysis and strategies they are using. Trading is not for everybody. If someone is losing in trading and trying ways to make money but seeing it not working and losing at long time, the person should quit trading is what that is best for the person. Trading is not easy as we think and the emotion we talk about is not easy to control at all. Thinking of trading can even be related to greed because traders prefer to look for money in short period of time like within some minutes or hours. Holding is better and holding means someone do not have greed like traders.
489  Economy / Services / Re: Find connection, will pay $10 in BTC on: February 23, 2024, 06:55:54 PM
There's no inherent way for me to determine a connection between two Bitcoin addresses without additional context or information. Bitcoin addresses are generally pseudonymous, and transactions are public but do not directly reveal the identity of users. If you have specific details or a transaction history between these addresses, it may provide more insight.
What additional context or information are you talking about? You do not know what you are posting. If you do not know what to do to know how addresses can be linked, then do not post at all than posting about what you do not know about.

Although I was unable to link both addresses together. Let us see what other people will post about it.
490  Bitcoin / Bitcoin Discussion / Re: Justin Jon Said Ethereum is More Decentralized Than Bitcoin on: February 22, 2024, 09:59:10 PM
You mean Justin Sun, not Justin Jon.

Ethereum was an ICO. Some of its supplies were premined just like other centralized coins.

Ethereum went from PoW to PoS. Which is another centralization. If you do not have a certain amount of ETH, you can not be a validator which is a protocol.

If people should said which one is centralized, it is Ethereum.

Bitcoin developers were not the one that created BRC tokens and Ordinal NFTs. Ethereum created ERC tokens.
491  Economy / Gambling discussion / Re: Who's winning more casinos or gamblers? on: February 22, 2024, 06:41:05 PM
So the casino remains the biggest beneficiary, right?
Definitely. Both the casinos and bookies will grow, employ more workers and make more money. But that is if the gambling site is having traffic in a way that they have many gamblers. The gambler will gamble and lose money. Gamble again and lose more money. The casinos and bookies will be happy as they will have more money. So the answer to your question is that gamblers are the ones losing.
492  Economy / Gambling discussion / Re: Gamble with what you can afford to lose can actually make a good investment on: February 22, 2024, 05:38:16 PM
Of course, the purpose is very different regarding gambling and investment. The first one gives you entertainment and the fact that you will want to make quick money out of the thing you invested in gambling.
Point of correction. Gambling is not an investment unless you invested money in a way that gamblers will lose and you will gain as the gambling site is gaining. That is if you invest on the gambling site or you do bankroll investment. But if you are gambling, staking your money, that is not an investment but gambling. It has no name than gambling and it is very risky.
493  Economy / Gambling discussion / Re: Gambling for fun and not a way of making money on: February 22, 2024, 11:24:11 AM
The idea behind gambling is rooted in our desire for risk, reward , and entertainment. Some people engage in gambling not just for making money but also for the thrill of taking chances and social interactions. As gambling it’s not just limited to staking bets as we call it. Some gamble by playing poker, whot and Luda etc because it provides opportunity for socializing and competitions. While others are motivated to gamble for just the financial gain
People that wants to gamble for financial gain may lose and later blame themselves. These kind of people need to be wise and also use just small amount of money to gamble. That makes people that says gambling for fun and not ways of looking for money to be very correct. For social interaction, it will be common among land based gamblers. Most people today are not land based gamblers but online gamblers and looking for money gamblers will be more than those looking for social interaction. But irrespective of any, we should go the way of not wasting money on gambling.
494  Other / Beginners & Help / Re: Ledger Firmware Update" is a SCAM on: February 22, 2024, 10:24:05 AM
You can see from the URL link of the site which is ledger.critical-updatedotcom which is not the correct URL link for ledge update. That update is not from ledger. Users of other hardware wallets that are common like Trezor are facing the same type of phishing attack. It is people that are using the wallet that should know about phishing scam and avoid it. It can also happen to any other wallet.

I do not recommend ledger wallets also but this should not be the reason.
495  Other / Off-topic / Re: Do you feel excited while gambling on: February 21, 2024, 11:35:23 AM
I didn't quit gambling because I still do it occasionally but I am not as active as I used to be. It sucks to be in a position where you the losing streak is more frequent than the winning streak, any day, any time. I know that is how online gambling works because it's a business but in a week without even feeling any profits seems to be unfair anymore. That's why that "provably fair" thing should be in question. Is that a legitimate feature or is it just there to encourage gamblers to keep on gambling?
Provably fair means the gambling site is not cheating. But you can see that they have edge with the odds that they have. You should know that the probably fair is still about the gambling site to have more chances to win than gamblers.

It's true, it's not exciting anymore when that happens. This is why I prefer betting on sports now and I do it only when I like the game and it's national televised.
Which means you have bad time when you are gambling with slots and other casino games. I am using sport to gamble and I see no differences. They are all not easy at all to win. They are both risky.
496  Economy / Gambling discussion / Re: Wednesday had been my bad day to gamble. on: February 21, 2024, 09:43:44 AM
I’d say the first thing you should do is stop gambling on Wednesdays. You’re psyching yourself out and probably can’t come out ahead as a result. I certainly don’t believe that a person can have an unlucky day of the week but I do believe in manifestation and the last thing you want is to be manifesting bad days for yourself.
It can happen to someone. The person will just notice that he is losing more or not winning on a certain day and of the week. But if someone has already noticed this, the person should just not gamble again during that day of the week and see if he will see positive result. But I guess that the day can be shifted to another day. Also that gambling is for the casinos and bookies to earn money from gamblers. So if not gambling during Wednesday, there are still probabilities that he will still lose more for those gambling sites to earn more money.
497  Economy / Gambling discussion / Re: Couple won the jackpot but split soon after! on: February 21, 2024, 09:36:51 AM
Damn, what a story. This is my first time hearing something like this, not to mention both accounts contradict each other. I think a legal battle will be difficult for the man if the name on the winning card is the woman, so it will be a lost cause if he fights for it. Maybe a legal expert can shed on this. I think this is why he said he should get some from a moral standpoint. I dunno, sounds like he will get nothing from this other than trying to ruin her reputation, which is probably a fair deal for her if it makes her own more than $1 million.
No. This is money. It is not about reputation or whatever you call it. If the man sent the money to the woman and if true the money is from the man, the man would feel pains if the woman do not want to give him part of the money. I guess the woman wants to take all the money and do not want the man to take any. We know life, humans are humans and they can do something stupid and they can lie.

The woman will definitely be given the money. The man is stupid is what I think but it may be true that he did not take his card along to gamble which can happy to anyone and trust his girlfriend. This teaches people a lesson. It can not happen to me because in my mind I will know that my girlfriend is the owner of the money if won.
498  Economy / Gambling discussion / Re: A famous influencer lost more than $4000 in just 2 minutes. (2) on: February 20, 2024, 06:55:14 PM
Losing at gambling sucks, and let's be honest, we've all been there (some of us more than others, ahem).
Losing while gambling is inevitable and that would happen. Gambling is a high chance game of losses than profit. He tried with so much big amount and he lost. If he is able to afford to lose it, that is fine. Someone that lost today may win tomorrow. But we need to have a good strategy not to lose in a way that will affect us.

Counting on YouTube views to cover the loss is another gamble itself. Not every video goes viral, and ad revenue is like the weather – unpredictable. This influencer thing shouldn't distract from the real risk of throwing down big bucks.
No, that is not gambling. That is one of the ways of making money in the era. Gambling is not a means of making money. That is the huge difference.
499  Other / Beginners & Help / Re: Bitcointalk rules and gudie for newbies on: February 20, 2024, 01:23:28 PM
The easiest way to quickly understand forum rules is read the posts pinned to each board and subboard. That's how I learned here when I was a beginner and it worked well for me, so you can try it. Don't forget to also read the link provided in each pinned post. Goodluck guys  Wink

You are just right about this. But not all pinned messages for beginners, but most especially the ones on beginners & help and meta boards. These two boards pinned threads should be read by newbies to understand about this forum. That is where the rules of the forum is and also there is where threads about about merits and activities and badges are. I can not agree more.
500  Other / Off-topic / Re: Have you won a bet with your last cash? on: February 20, 2024, 07:32:49 AM
This reminds me of what happened to me and my friend when we we're gambling. We had our last money to bet and then tried our last luck on a certain number. Luckily, we have won and win more. But at the end, my friends used all his winnings on the game and end up losing. It's important to gamle responsibly, learn when to stop, and not risk more than you can afford to lose.
I have used a good amount to gamble and lost all at once. I have tried before many times to win two or three times to target a profit but later lost. Your friend might lose with the winning money but he may be able to afford to lose the amount of money. You should be able to know that. If you friend can lose the money, there is nothing wrong in that if he can afford to lose. But if he can not afford to lose the money, that is bad. But why gambling with the amount of money that he can not afford to lose in the first place if we should not even talk about the winning.
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