But regardless, investing in bitcoin is a bet that people worldwide are going to need a decentralized currency with a solid monetary policy. We don't invest in bitcoin just because of the fact that everything is moving digital (I mean, PayPal and online banking are already digital for a while).
I would say not only decentralized but also anonymous if used well. Paper money can be replaced by digital means of payment, as it is happening, cards, payment by mobile or smartwatch.... The point is that digital payments mean a loss of privacy. Your bank, and the central bank of the day will know everything you spend your money on. With Bitcoin used in an astute way and maybe with other cryptos, we will be able to maintain privacy.
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Seeing the OP's post history, either he changes his ways a lot in this forum or he's not going to get a single merit in an honest way. The two speakers above have wisely spoken base on experience and how the platform works, but I as a junior member and with the little experience I have had say that one way to get merit on this forum is to provide valuable content. Because "merit" just as the name goes, is a reward given for providing value.. So in summary, just strive to provide value and I am definitely sure you shall be merited.. Thanks
I would say that it is not only to provide valuable content. Maybe people who are just starting in this world, don't know much and can't add value at the moment, but sometimes just by showing in your post history that you are using the forum to learn, and help others when you can, little by little you will gain merits.
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I need to say the following to see if those who haven't got it yet will finally get it: you have to be a fucking retard to use martingale in the 21st century with all the information that is available on the internet.
Martingale and all its variants are a fucking shitty strategy in which you risk more and more to win very little, especially in relation to the total bet. Casinos often advertise these strategies because they know that they make a lot of money with the naive who think they are a good system.
It's funny how you promoting a casino in your signature but attacking casinos at the same time. You argue about something everyone's knows it's like people who argue about wwe is fake while everyone's and it's obvious it's fake and acting. Casinos always have an edge. But still it's called gambling and game of chance. . . . The tool it's to help a player know how many loss a balance can take before it bankruptcy after a losing streak. . Still people who play with small bet and to make a small profit by martingale and for a short time it's possible and it's about luck. Don't just come to just say a thing to spread your signature. Go look at bustabit leaderboard many in leaderboard used martingale. Ofcourse some got a losing streak and lost all but some survived a losing streak due to the risk management. Also there a risk warning under the calculator for people like you. Read well. I attack casino promoters like you who give people false hope. Martingale is a garbage strategy in which the gambler risks increasing money to win little. In my posts I have defended that one can play the casino but knowing what is there, not having false hopes. Casino games are mathematically EV-. Many people know this and play to pass the time because it is an entertainment that in the short term can make them money even if in the long term they are going to be losers. By the way, I've reported your duplicated post. .-snip
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I've heard that before, but I haven't looked into it. I suppose Cnut247 will come up with some data on the subject.
But one thing is clear: a lot has happened since Malthus, who, for those who don't know, predicted a catastrophe in which there would not be enough resources to feed a growing population in the world, and the fact is that the population has continued to grow and grow, while more and more people eat more and more. There is a global obesity problem even in countries where relatively recently many people were going hungry: China, Mexico, etc. It is clear that you cannot grow to infinity, but it is also clear that Malthus was wrong.
There have also been failed predictions about climate change. This does not invalidate the model either, there could be certain wrong predictions and the global model could be correct, but it seems to me that it is a complex subject with so many variables that make it difficult to get the predictions right.
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In my case, apart from the signature campaign, I also make some money every month playing poker. I don't win exorbitant amounts of money but it's something like a side hussle that gives me extra income. Then what I do is that the money I earn I invest it. The poker money goes into an index fund, and what I earn in the signature campaigns I save almost all of it.
I'm not a trader. I invest for the long term in an index fund and in blue chip stocks with a history of increasing dividend payments.
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I need to say the following to see if those who haven't got it yet will finally get it: you have to be a fucking retard to use martingale in the 21st century with all the information that is available on the internet.
Martingale and all its variants are a fucking shitty strategy in which you risk more and more to win very little, especially in relation to the total bet. Casinos often advertise these strategies because they know that they make a lot of money with the naive who think they are a good system.
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It's because Bitcoin and cryptocurrency is going for mass adoption, that's why the crime also increased just like fiat. On 2019 FBI record 2,440 violations on Bank [1] , it's far bigger than Bitcoin and cryptocurrency... but no one is complaints about how bad is fiat and want to ban it ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) It's normal thing, if it's has a value of course all people will trying to get it with any ways.
[1] https://www.fbi.gov/file-repository/bank-crime-statistics-2019.pdf/viewThis. As Bitcoin and cryptos become standardised and used, either as a means of payment or as an investment, it is only natural that crimes related to them will increase. Where there is money, there is crime looking to get hold of that money.
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Looking at the past financial crises that happened, they all seem to have a few things in common, such as the mass adoption of a new financial product or technology (e.g. mortgage backed securities in 2008, dotcom boom in 2000). Given the extent to which institutions (and some influential figures) have been manipulating crypto recently, do you guys think this narrative is likely?
You are posing an interesting question, OP. I've reported your post history, which I think is decent, to see if some merit source gives you at least one merit (have a look at the thread, you can do the same in the future). Regarding your question, I am not clear, but sometimes I doubt it. I don't like Saylor's emphasis on borrowing, as I wrote in another post. I think this can lead to too much unhealthy debt in the crytpo space and we know how debt bubbles end. At current levels?
You are right, not at current levels but let's think of BTC eating most of gold market cap, and then keeping growing. I think we would be entering a dangerous zone then if too much debt was used.
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What's next chief? Looking forward to your next post in a few years: " Bitcoin will not be able to stay above $100k for 10 consecutive days ever again" ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FiwckVC9.png&t=663&c=TBsn9uhctVbIaA) +1 Speculation Board merit. Few years? ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) Probably. Let's see how he announced the end of the world a few years ago: I'm being serious. This drop is different. The number of people involved is enormous (e.g. cryptomoms). Bitcoin (and ultimately all cryptos) will not recover from this one. Too many people will be burned here for the market to sustain itself. We're finally (finally!) at the beginning of the end. I've confirmed this with multiple sources.
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I was unaware of this issue. You have to see the barbarities that have been done in the name of God.
As bad as news like this is, I think that humanity is gradually moving towards a world that is less and less violent. You never know if some crazy president will start dropping atomic bombs and we'll all go to hell, but today we are horrified by certain violent behaviours that were quite normalised only a century ago. And if we look back even further, it's even worse. You have to think that the guillotine was a humane method of execution in its day because until then, when people wanted to execute someone, they used to do real barbarities.
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Hello,
I have big amount 201000 AUD ...
I read this and already knew it was a scam. I went on to read the replies and they confirmed it. A liar is sooner caught than a cripple I then went on to read the post in detail, and I see that the deception is so simple that no one on this forum would be foolish enough to fall for it: For 50000 AUD invested I offer 50000 AUD more from my account after I could close my trades. It is opportunity type just put the money, sit and wait. You are depositing money direct by broker without sending to me and cannot be withdrawn anywhere other your wallet so I cannot scam you.
Excusatio non petita, accusatio manifesta.I am offering such sum because otherwise I will have zero AUD..., trades cannot be hedged forever. But seems to me everyone see scam in everything. Ok.
Some of us are tired of seeing scam attempts like this one, where you pose as innocent people asking for help and offering a juicy sum of money.
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Why even post this nonsense? Seriously... Some of these threads are so ridiculous that it's hard to fathom any actual legitimate outlet hosting the information.
It is a hobby. Some people watch movies, others play sports or read a book, and some like the OP open increasingly ridiculous threads pretending to prove what they previously believed with more than questionable data and fallacious reasoning. But he entertains himself and has a good time.
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History doesn't have to repeat itself with Bitcoin.
History need not repeat itself with anything. Humans, when we look at the past, see patterns or regularities and in some cases assume that the future will be similar. In the case of Bitcoin, most models predict a similar behaviour in each cycle (from halving to halving) when this does not have to be the case.
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You are misrepresenting. The article you link to does not support what you say about cocaine. Not to say it's bullshit because cocaine trafficking is illegal. You haven't done a few lines of cocaine, have you?
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Sometimes we aren't clear enough with what we post. Here's what I mean. If all the people who got Covid vaxxed would put me in their will for only $10 each on average, I'd be filthy rich in 5 years, and maybe only two years. I already missed out on $4,000,000. How? There's already been 400,000 deaths from the vaxx. Read through Open VAERS slowly and think about what you are reading... even only the home page. 400,000 already dead from the vaxx, at $10 a head = $4 million. Ahem, ahem: ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.postimg.cc%2FprZpbGDB%2Fvaers.jpg&t=663&c=w1OVkI4XD30iAg) ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.postimg.cc%2F7hbpwbzQ%2Fvaers2.jpg&t=663&c=-cDT40Lpu6vRwQ) The fact that they say:"It is a voluntary reporting system that has been estimated to account for only 1% (see the Lazarus Report) of vaccine injuries." doesn't mean that you have to multiply the deaths by 100. You are cheating and reaching the conclusions you previously wanted to reach.
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Exactly, but did you also actually commit this suicide ? If you think that vaccine is too dangerous for humanity (it may be) but then why you yourself getting vaccinated ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif) I got vaccinated today
Catching irony is not your thing, is it? He was replying to a thread titled exactly like that : I got vaccinated todayIf you take the rest of what he said out of the quote, it is even less understandable: I got vaccinated todayPlease, right now while you think of it, put me in your will. ![Cool](https://bitcointalk.org/Smileys/default/cool.gif)
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First: I don't know where the OP gets the idea that they are going to die in two years, because in the video he doesn't say anything about that. He basically says that vaccines create the new variants.
What surprises me is that this video is still available on Youtube, with all the censorship going on. I wouldn't be surprised if they take it down soon.
I miss debates in the mainstream media between defenders of the official version and experts like this one. Time will tell whether he is a big-mouthed expert or what.
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That idea, the essence of remorse seems to me to have a Judeo-Christian basis.
Money is nothing more than a means, intrinsically it is neither good nor bad. If you get rich and you are a psychopath you will use it to screw people, and if you are an extremely altruistic good person, you will allocate a large part of it to charitable causes and the like.
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Interesting post. What is not 100% clear to me is how to calculate the "intrinsic value". I guess taking the S2F as a model for example. In the stock market there is a rough consensus on how to calculate intrinsic value based on evolution of cash flows, debt, equity, etc. but I think regarding Bitcoin there is no such consensus.
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