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501  Economy / Gambling discussion / Re: Not everyone deserves to hear of your winning in gambling. on: December 30, 2023, 01:34:18 PM
I think every story is unique in its own way and I like to read most of them. Some of those winners actually lose their gains later on because they keep playing but on the other hand, some smarter people use their money to create a financial empire for themselves and I am really interested in their story. Using the money for something else other than gambling takes huge dedication which almost means quitting gambling. Obviously I am talking about life changing money here. I too don’t like to read people who won $100. All I think when I read those stories is “gj go buy yourself a happy meal now.”
502  Bitcoin / Bitcoin Discussion / Re: The general public still doesn't understand Bitcoin is still growing on: December 30, 2023, 09:28:50 AM
Growing how? Price-wise? Yes, the price is going higher and higher against the USD if that’s what you mean. If you are talking about worldwide user adoption of btc, then I don’t think that’s the case because of the high fees. Right now getting included in the next block costs ~$9-10. And if you pay $4, your tx will get a confirmation in 24h. A network as expensive as this is its own enemy. These fees will drive away users to alts… Don’t get me wrong, people want to use btc but they can’t…
503  Bitcoin / Bitcoin Discussion / Re: What if Bitcoin ETF is not Approved on: December 30, 2023, 09:20:13 AM
Hopefully it won’t get approved. Institutionalized bitcoin will be useless to the masses. It will be censored and fully KYC’ed which is no different than the CBDC’s. Bitcoin should be censorship-free and provide some privacy. If these features are removed from btc, it will be just another government currency. I don’t care about the price. You can’t name a price for freedom.
504  Economy / Reputation / Re: Symmetrick/Ratimov - Memorial Thread. on: December 29, 2023, 06:41:45 PM
The topic is just an excuse to write more nonsense for the quota. Grin
Quota as in what?  Sig campaign quota?  OP isn't in one, but it does seem likely he's spoofing us all just to increase his post count and perhaps get some merits in doing so.

Good thing is this little fucker got no merits for his post. Nobody fell for his trap. Gj everybody. Earning merits/raising alts is a serious business.
505  Economy / Reputation / Re: Symmetrick/Ratimov - Memorial Thread. on: December 29, 2023, 04:50:58 PM
So what is this man doing, unbelievable? He deleted 10k+ posts
I can't believe that there is so much anger in him and that he can't control it, he is able to delete posts for hours.

What amazes me is that after everything that has happened he only has two negative feedback and on top of that from two forum members who have a reputation of being "aggressive" with feedback. Even you can still see old positive feedback that have nothing to do with trading risk and that link to empty posts.

I see a lot of softness around here.

This forum went soft after Lauda's departure. R.I.P Lauda btw. She will be missed.
506  Economy / Reputation / Re: Symmetrick/Ratimov - Memorial Thread. on: December 29, 2023, 04:09:27 PM


See you at the gates of Valhalla bruh. We will ride eternal, shiny and chrome.
507  Economy / Gambling discussion / Re: Is there any fun in losing while gambling on: December 29, 2023, 02:28:39 PM
Depends on how big is your loss and what your monthly cash flow is.

For example;

You could lose 1 million usd but if your monthly income is $500k, you will make up for it in 2 months. No big deal.

If your monthly income is $2k but you lost $100k and that was all you got, then you are in a big trouble probably.

As you see, it is all relative. For some people $1000 is big money, for some others it is just what they pay for their lunch.
508  Economy / Reputation / Re: Symmetrick/Ratimov - Memorial Thread. on: December 28, 2023, 06:06:55 PM
Tomorrow evening GTM time, everyone is invited in user BitcoinGirl.Clubs funeral.
1 minute of silent please!

@mindrust bro! Are you going to create a memorial thread for me?



If you declare yourself dead, I will if this is your wish.

I died today too.



edit: apparently I had a brainfart. dead brain. happens sometimes. I see you are also dead. R.I.P friend. Your memorial topic is on the way. Anytime now  Grin
509  Economy / Reputation / Re: Symmetrick/Ratimov - Memorial Thread. on: December 28, 2023, 05:16:16 PM
He is using some automated bot script  for this job and that was activated post mortem with trigger word.
This was probably one of worst job I ever saw in covering his own tracks.


Hmm hmm

I think this was an eth smart contract.

Code:
If I don't respond for x amount of time, post this message and start deleting my posts.

And yet so many people said eth smart contracts have no real world use. Hear hear.
510  Economy / Gambling discussion / Re: Can I dodge KYC using the his medium. on: December 28, 2023, 02:50:07 PM
Is it possible one can dodge KYC verification request after winning a big amount of money and decides not to withdraw a lump sum but bit by bit in smaller amounts. I have read many posts talking about how they wanted to withdraw the money they won but due to the amount they wanted to withdraw was big, they were asked  pass kyc verification because they never did when they first registered.
I don't think so. Sooner or later they will flag your account and lock it till you send them your docs. If you have a problem with KYC, just don't play on a casino which enforces it. The sad thing is, there is almost no casino left which doesn't do KYC... There are some casinos which are not as tight as the others but nowadays all of them have KYC in their ToS which means they can make up any excuse when they decide to use it. (like; the authorities ordered us...) Maybe there will be some good decentralized gambling platforms in the future since as far as I know none of the current ones are popular.
511  Economy / Economics / Re: Will they ever be able to afford a house? on: December 27, 2023, 02:28:27 PM


here is the thing bro the house price is really expensive, you can look at the chart from 1991 to this year the price is keep on climbing for regular job with low skill I do believe will be hard to get a single house

This pic is the inflation chart.

Inflation is the expansion of the money supply and this chart reflects exactly that.

The more they print the more expensive everything gets.

If you want to fight this crap, buy the stuff which has limited supply and people will always need. Real estate, commodities, land... According to this chart, as long as you hold USD, you will be the sucker in the long term. In the short term, things may look a bit different since it is expensive to borrow money right now but sooner or later the FED will go dovish again.

In my previous post I said "avoid buying a house" mainly because of the high interest rates. If you have the cash, now is the time to get rid of it.
512  Alternate cryptocurrencies / Altcoin Discussion / Re: Tether minted more USDT. on: December 27, 2023, 02:19:36 PM
Nobody cares anymore. I used to be obsessed with tether printing too but now it wouldn't surprise me if they doubled the total tether marketcap in a day. If the authorities are OK with this, why should I care?  BTC still has limited supply no matter what they do. It is the problem for the US if bitfinex is printing counterfeit USD. The FED is doing it all the time, maybe they are using bfinex unofficially to print USD so we won't accuse the FED for printing USD... Finex takes all the blame when USD&USDT goes down to zero. Daym criminals killed USD!!! Quick! Hang Bin Laden.
513  Bitcoin / Bitcoin Discussion / Re: Mempool Observer Topic on: December 27, 2023, 12:49:01 PM
Bch is not a serious project. It is somebody’s toy. It has way less real world adoption than the major alts. Ltc, doge and xmr are viable alternatives to btc imo and I am raising my positions in these alts lately. Btc sadly became an exchange stock which lost its transaction ability. It is only good for buying and selling on the exchanges… If they somehow find a way to lower them fees, I will gladly go back to btc but right now it is not a matter of choice, it is a necessity. Some people here say that we should defend bitcoin at all costs and why should we exactly? To get ripped of by the miner fees? Nty I haven’t signed up for a religion.
514  Economy / Reputation / Re: Should Ratimov aka Symmetrick be in DT1? on: December 26, 2023, 04:26:44 PM
He could have sold his account in secret and do a homerun but he wanted all the fireworks instead  Grin

It looks like he did both  Grin

The account is pretty much ruined though. I don't think the buyer paid the top dollar for the account. The only thing usable there is the huge amount of smerits (since he is not a merit source) and they are all tainted now. Every time he sends them, the receiving user will look like an alt of him.

He could have kept the situation under control till he sold the account.
515  Economy / Economics / Re: Will they ever be able to afford a house? on: December 25, 2023, 01:42:36 PM
Forget housing. Living in an RV is a better idea especially if you are young and working remotely. Don’t get me wrong, everybody needs a house sooner or later but you need to play it smart. Now the interest rates are high so no matter how cheap your dream house is, you can’t buy it unless you borrow money from the banks.


If you want to know, some older people who missed the chance to buy their house at younger age will tell you how regretful they are because they misused the money they had then. It is a wise decision to have your home at young age so that even if you don't have money later you can put some part on mortgage or lease and that will keep bringing you some money. So don't throw away your opportunity to be rich in the future by throwing away the opportunity of investing in real estate at a younger age.

But the interest rates have skyrocketed lately. I am not sure if it makes sense to borrow money from banks right now.

Sure, if your monthly income is enough to pay the monthly payments, then go for it. But also take into consideration what will happen if you suddenly lose your job/business and fail to pay the monthly payments to the bank. You will lose your house. The banks will foreclosure it.

I am not saying RV should be your permanent home. If you have the cash or a reliable income, buy your home. I suggested a temporary solution anyways and RV'ing is cool/fun af when you are young.
516  Economy / Economics / Re: Will they ever be able to afford a house? on: December 25, 2023, 09:18:28 AM
Forget housing. Living in an RV is a better idea especially if you are young and working remotely. Don’t get me wrong, everybody needs a house sooner or later but you need to play it smart. Now the interest rates are high so no matter how cheap your dream house is, you can’t buy it unless you borrow money from the banks.


Buying a house is something but maintaining it is a whole different story. It costs lots of money. Instead of buying one, you can live a minimalistic life in an RV, save money for a few years and then buy your home without hurting your finances too much. That way your home’s maintenance costs will be easier to handle too.
517  Bitcoin / Bitcoin Discussion / Re: Mempool Observer Topic on: December 24, 2023, 03:10:31 PM
I created almost same topic(https://bitcointalk.org/index.php?topic=5466022.msg62810292#msg62810292) like this on our local board during the first wave of high transaction fee during the first Ordinals hype.

The discussion of Bitcoin fee is really popular because it’s vital when someone needs to transfer their coins. We use the thread to notify if there’s a golden opportunity to send transaction during low fee. The price is not that popular anymore to small holder if they can’t transfer their coin without spending huge chunk of it on fee just to spend their profit.  Cheesy

Hi fees iz a gud thingg. Since it is so expensive to move yer coinz, ya aint gonna muv yer coinz to an exchange to sell when the price is hi.

Thankz to hi feez, we are hodlerz 4eva becuz we can't sell.

2 da moon




https://bitcoinfees.net/

It actually calmed down a bit today. Next block costs $6 now, yesterday or before it was $12.

Still impossible to send something for 10 sats/b
518  Bitcoin / Bitcoin Discussion / Re: A good or bad way to avoid high transaction fee? on: December 24, 2023, 07:50:05 AM
Bitcoin on binance chain or any other chain ain't no bitcoin. It is an altcoin which (usually) has no history. If you are going to use alts (which makes sense in the current situation btw), at least use the alts which have very good track record like doge, ltc, xmr... These are cheap and relatively reliable alternatives. If you insist on using them wrapped bitcoins, you may get fooled thinking it is the real deal because they also use a different type of deposit/withdrawal address and if you somehow send your coins to those addresses you will lose your coins forever. Take no risks.
519  Economy / Gambling discussion / Re: Do Owners of betting companies bet? on: December 24, 2023, 07:44:51 AM
Do not forget that he is the owner. He can do whatever he likes. If the owner of a gambling site wants to gamble, he will prefer to use his own site that will benefit him to have fun than to gambling on the gambling site of others that will not benefit him.

I see this as off-topic though.

I don't think that's the case.

Quote
Yes. At Crown Casino in Melbourne, Australia all casino management and employees are licensed and prohibited from gambling in the casino. I worked for the regulator, and we were legally prohibited from gambling at the casino, being employed by the casino, unless we obtained permission, and prohibited from investing in the gaming industry.
https://www.quora.com/Are-there-are-any-rules-that-state-that-the-owner-of-a-casino-cannot-use-his-her-personal-money-to-gamble-and-make-money

The rules are probably a little bit different in other countries but more or less they are the same.

However, when there is a will there is a way... The law can't completely protect everybody from evil people. They may use their friends, relatives etc to make these bets and as long as they keep it low amounts, nobody will notice.
520  Bitcoin / Bitcoin Discussion / Re: Bitcoin losing its P2P efficiency!! on: December 24, 2023, 07:37:52 AM
Yes and No....

The congested Mempool is part of a coordinated attack and not the normal day2day transactions that we are supposed to have on a daily basis. We also know if more people used the Lightning Network for daily transactions, then congestion on the Blockchain would not have been an issue.

We should allow the developers to find counter measures for these kinds of attacks and we should also allow for Bitcoin enthusiasts to solve the mystery of who is behind these attacks.  Wink

Technically, this is not an attack. Some people who love NFT's are willing to pay more than the other people who want to create cheap transactions that's all. The attacker is the dev who implemented this feature and thought it was a good idea. Whoever he is, should be kicked out immediately and never again come close anywhere coding bitcoin.

If this thing keeps going, soon bitcoin will indeed lose its cash functionality completely. It will be a cat pic market.
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