Do you have any rule of thumb to know when to consolidate?

Let me explain. Until now I was in a signature campaign that paid me every six or eight weeks but with a payment for each week. In other words, after two months I received 8 payments, or inputs, of about $40 and I consolidated them immediately, especially because the mempool has been empty recently. Now I will receive weekly payments and I doubt until when to wait to consolidate. I suppose consolidating every week would be silly as LoyceV in the OP talks about "many small inputs".

Should I wait until I have 8-10 inputs? If I wait that long maybe the fees have skyrocketed.

Not really. I have got a job and I think I could say I have two side hustles by playing poker and by writing here for signature campains. Apart from that I have to live.

To get a second job would mean to have absolutely no time for me and/or have to give up side hustles, which I would only do if I was very well paid because poker and writing here do not pay me as if it were a second full-time job but I do those activities comfortably from my computer, and with freedom of schedule. I can write/play poker more or less depending on how I am feeling, if I have a more busy social life that week etc.

Lol. In my case, I include gambling in my monthly budget, but on the income side, coming from poker. It is an estimate, because not every month is the same.

What I did before is that the money I earned from poker I put in a fund to the S&P 500. Now take it and invest it in Bitcoin instead. It's between 5 to 15% of my income.

When I discovered the crypto world I deposited and played a bit in a crypto casino to see what it was like and also occasionally I've been to land-based casinos with friends and played a bit there but I don't have a monthly budget to spend.

You have not proven anything. The objective value theories, which can also be applied to the stock market, are based on the difference between the real value and the price assigned by the market to the financial asset at that moment. Good analysts who know how to make good appraisals of objective values, give predictions in which the objective value and the market price tend to get closer and closer in the long term.

In your case, it is only moving away.

I agree, he is wrong and mixes things up. For example:


No, in reality pure capitalism, has few taxes, and ancap would tell you that it should tend to 0 taxes. So check your notions because it seems to me that what happens here is that you are a Marxist and then you tend to see everything in your prism, but try to see things from an objective point of view.

I think the OP is speaking more from hearsay than from his own experiences doing Bitcoin transactions:


If you pay the highest fee, it might start 10 minutes on average but it is not strange to have to wait for more than an hour for the next block confirmation. To talk about instant transactions, however much they are immediately transmitted to the blockchain, I would say is inaccurate. If we were talking about LN, like Jack Maller's Strike, as you can see in the following 1-minute video, I think we could talk about instant transactions, but not about normal transactions on the blockchain, even if you pay a high fee to make them go fast.

I would not generalize either. And I add, a casino that works is one of the most profitable businesses there can be, and even more if it is online, so it has lower costs. Another thing is that it does not get much clientele, for example, and that is where some casino owners instead of thinking how to improve their business think about scamming, but a casino that makes money does not even think about it, because they are money making machines and the owners will earn much more and will have less headaches for running a honest business than trying to scam people.

That is the key. In knowledge. That difference you mention can be applied to many areas. Someone who buys shares, if he does so without knowledge, relying on the latest tip he has seen in a blog, is gambling. If he does it with great knowledge about the company and the market, he is investing. The same could be applied to poker, for example. If you play poker like you play roulette, you are gambling. So, yes, in NFT games it is perfectly possible to gamble.

I'm going to write this farewell post, thanking Lightlord and Brainboss for giving me the opportunity to participate in the campaign for almost a year.

I also want to express my disagreement of the very negative opinion expressed by Marvelman.

In the time I've been here, the rates if you complete the maximum number of posts have been similar to those of other campaigns, the only thing is that in this one you have to write more. As there is no fiat equivalence, and the rates are changed only from time to time, it can be unfavorable if the Bitcoin price goes down, but also favorable if it goes up. I think when Bitcoin went up to over $65k I got to $60 for a week and I hadn't even reached tier B or Sr member slot.

It has its positives and negatives that everyone has to weigh. Low tiers pay little, yes, but because the campaign wants to encourage people to stay for a long time. I want to remind people who go through these slots to consolidate fees.

I have left, partly because of the drop in rates but partly also because it was a challenge to be accepted in another campaign, with other post requirements. I made an attempt, and if I had not been accepted I would have happily stayed here.

To those of you who are staying, or have joined now, congratulations because you are staying with one of the longest campaigns with Brainboss as manager, who is always attentive and available for anything you can ask him.

Keep up the good work.

I'll see you around.

Thank you!

Signature and avatar updated.

I just discovered this thread and it does nothing but motivate me. Yesterday I realized that of the merits I have earned, more than half have been in the last 120 days.

I doubt I'll ever reach half of fillippone's level, who if it weren't for the fact that he registered three years later than LoyceV, would probably be competing with him to be number 1 in terms of merit earned, but I do believe I can do better and better.

You are not expressing yourself very clearly but I get the idea. There is some There is something that is already invented, that some people use and that allows you to enjoy your profits without selling, and therefore without incurring a taxable event: it's borrowing against your Bitcoin, or crypto.

This is what millionaires have long done with other types of assets, and what Saylor has now popularized with his videos. I'll leave you with two (which are not Saylot's) that explain it:

Michael Saylor's Strategy to Retire Off of Bitcoin | Tax-Free Wealth

Using Bitcoin Loans To Buy Anything

This should be done carefully, with a good debt to equity ratio and making sure you have cash flow to spare for payments.

A bit of an optimistic view of the forums, I think. You can find diamonds in them, but they are hidden among a lot of junk. Just as they can make you rethink things, you can learn about the more outlandish conspiracy theories out there.

But if I had to make a balance, it would be more positive than negative. In the forums you can learn how to make money, like playing poker, there are economics and finance forums, and then there is this forum. So yes, they can help us but all that glitters is not gold.

That is the problem. Many times problem gamblers know that what they are doing is wrong, that they should stop, that they are losing more than they can. But it's not a question of rationality, it's an emotional question. For someone who has had serious problems with gambling the only solution is to quit completely, in the same way that for an alcoholic the solution is not to drink another drop. Never. A single beer usually leads to the above pattern of self-destruction and for a problem gambler who has recovered, a single gamble usually triggers disaster.

I was thinking exactly the same. Losing more money than you can afford to, even money that you were supposed to use to buy food and then having to lie sounds a lot like someone who has a problem with gambling.

The OP does not mention if he has lost too much on subsequent occasions but I take it he is a gambler.

In my case, I am quite in control of the game, so I have never had to lie. Fingers crossed that this will continue to be the case.

What do you want us to tell you in a Bitcoin forum? You don't have to be a fortune teller to find out.

The level of exposure to risk is another matter. If you sell everything you own to invest in Bitcoin, you are risking a lot. If you do well, you're going to make a lot of money, but it's better to be diversified. If you have your house, don't sell it, if you have stocks or other assets, don't sell them, but from there, the more you invest in Bitcoin, the richer you will get.

Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2836461
Current amount of posts (including this one): 1781
SegWit (preferably bech32) BTC Address for Payouts: bc1qu6n3uhyfrn06jvkd96zfy4tfxc34zyjzjvemfz
EARNED merit in the last 120 days: 286

Will change signature and avatar if accepted.

Without knowing more specifically about the case, we can't say more, but as you have been told, the most normal thing is that he was spamming. I don't think that a simple referral link will get you banned.

You can tell your "friend" to look in the email inbox, where there is usually a quote of the deleted post to post it here so we can analyze it better.

I usually post a lot of links too and I've never been banned for that.


No way.

With news like this, anyone who thinks they are too late to buy Bitcoin should think twice. It is true that:


But all these big companies are going to help popularize and normalize cryptocurrencies, including Bitcoin, which is No. 1. It will no longer be something weird, linked to scam or ponzi scheme when you can pay at Walmart using their shitcoin or with Bitcoin directly.

Yes, it's one thing you become more and more aware of as the years go by. Little by little people you know are dying, and the alternative would have been worse. I think you have to live trying to enjoy yourself and doing things that make you feel good at the time of your death when you look back, things that you don't regret having done.

Another thing is not to get too catastrophic and live as if you were going to die tomorrow.