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561  Economy / Economics / Re: Vitalik Buterin's Financial Advice on: January 15, 2024, 08:51:42 AM
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* Diversification is good.

Yes but I diversify into different types of assets, not shitcoins.

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* Save. Get to the point where you have enough to cover multiple years of expenses. Financial safety is freedom.

Okay, but with the qualification that having more than 6 months of expenses in liquidity is usually a loss in real terms due to the opportunity cost. Better to have a maximum of 6 months of expenses and the rest invested.

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* Be boring with most of your portfolio.

Agreed.

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* Don't use >2x leverage. Just don't.

For most people it is better not to use leverage at all.
562  Other / Meta / Re: The effect the mixer ban has had on the forum. on: January 15, 2024, 07:52:27 AM
Sig campaigns are the result of Bitcointalk's traffic, prestige & reputation; not the other way around.

And that's one thing that can't change, right? Motorola and Nokia also had a great reputation and prestige.

Guess I just fail to understand what the problem here is.

There is no problem currently. I am giving an objective description of what happened and what could happen if more signature bans are imposed in the future. And it is that after 15 days of mixer ban here you have a lot of forum members who have gone to another forum to advertise mixers there. You say that as this is Satoshi's forum there will always be traffic here and I say that maybe yes maybe no, I'd better wait and see.

The point is, you're trying to protect the current Bitcointalk's traffic right?

In capitalism, competition is inevitable,

Well, not exactly, I am saying that what can happen if more restrictions are imposed, as could happen in the future with casino signatures, for example, which is something that theymos did not rule out but said he did not foresee in the near future, is that the traffic will go elsewhere. To think that if more and more campaigns are banned here the traffic is going to stay because this forum has a prestige nowadays seems to me quite naive.

And competition seems great to me, because I am also quite capitalist in ideology, but precisely the competition makes things change.

Why will users switch to another forum? There is still a company signature for mixers, but they pay much cheaper than here.

Today. Do you think that is something that can't change?

OP isn't criticizing theymos decision to ban mixers. He only pointed out the effect of mixer ban in Bitcointalk. But I think that there is no problem anywhere. Theymos decision simply favoured Altcoinstalks forum, and did not take any traffic off from bitcointalk.

I think you are the one who has best understood what I have said but I would qualify that that's what happened at the moment, just 15 days after the mixer ban.

About Bitcoin itself and the services related to it, there is certainly a much better discussion here with many more relevant participants and information.

Certainly, this whole mixer ban will change some things.


Agreed.

If members here could make money at a different forum at $30-$40 per week while still making $70-$80 here, they will do it because they will receive an extra income.

That is mainly what is happening. But there will also be some members who have run out of campaign here and are now posting only or mainly there. Two casino campaigns recently ended here.

You are not familiar because you and OP wouldn't get paid there to post your biased BS, the only reason you 2 hang around here is because of your bossman paying you here, the moment you teleport to that forum you will get tagged left and right.

Keep on dreaming.

Do not let this bother you so much,

If in the first thing you say you show that you haven't understood what I'm saying, I'm not going to waste my time with you.

No "new" forum will ever reach the same level as Bitcointalk is today.

That remains to be seen.

Even with all that you have said, we still can't deny the fact that signature campaign here are the major cause of the high traffic and I could bet that if anything was to stop the participation in signature campaigns then the traffic would certainly be dull compare to how it was before.

It's not that traffic would just slow down here, it would go elsewhere.

Of course it works that way. If you create a forum today and get the traffic
That's the thing: I don't expect the traffic to work that way. If users only join to earn money, you'll miss the basis that made Bitcointalk a valuable place to advertise in the first place.

Merit "exchanged" for agreeing to disagree. That basis has long since been reduced to the bare minimum in the forum.
563  Other / Meta / Re: Should this sig be allowed with the mixer ban? on: January 15, 2024, 07:26:18 AM
Oh yeah? you would hire me? Guess what? even if someone offers me a good deal, I won't accept it because I think my tags would look bad on their service if I wear their sig ad, but I am not that idiot to actually include a mixer link in my sig. This is just my opposition protest against the ban, even though after a few days after the ban announcement, I fell in line to support the administration's decision, however what I did was a click bait in a trollish way. 😉

I would seriously consider visiting a psychologist or psychiatrist because it is one thing to be funny and another to be contradicting yourself continuously.

First you say that you wouldn't accept a good offer for signature campaign when you were working for one and you already had the tags and then that the troling of the signature is a way of protesting something you agreed to, the mixer ban. Since this is not the exception, but something quite common with you, I would seriously consider going to get my head checked.
564  Other / Archival / Re: NeuroticFish, on default trust, using trust feedback for no reason! on: January 15, 2024, 07:20:07 AM
For some reason I had missed this thread. Don't you get tired of making a fool of yourself? You have several tags for trolling, and you call yourself a troll so they are true to reality. You've even done a lot worse than trolling, so behaving like a little kid isn't going to get them removed.
565  Other / Meta / Re: The effect the mixer ban has had on the forum. on: January 14, 2024, 06:26:26 AM
Does it have posts by Satoshi, Hal, Vitalik & other crypto-luminaries of our time?

No, but it has posts by examplens, tranthidung, dkbit98, hugeblack, bitmover, Stompix, Rikafip, Igebotz and BlackHatCoiner among others. And so far I have counted 4 managers of signatures campaigns of this forum also there.

Does it have 12 years worth of content & backlinks? No.

Here's a quick comparison of the site's traffic metrics according to Similarweb:

Bitcointalk Global Rank: #39,778 Worldwide
Altcoinstalks Global Rank: #540,599 Worldwide

Bitcointalk Monthly Visits: 1.5 million
Altcoinstalks Monthly Visits: 45.4 thousand

Bitcointalk Traffic Sources: 42.54% Search
Altcoinstalks Traffic Sources: 10.45% Search

You look at the still photo, and I'm talking about the possible evolution.

I assume the campaigns there are paying peanuts compared to here.

At $40 to $45 a week when campaigns here pay between $70 and $120 for Legendary doesn't sound like peanuts to me.

Also, its got to be a complete spamfest,

A complete spamfest by examplens, tranthidung, dkbit98, hugeblack, bitmover, Stompix, Rikafip, Igebotz and BlackHatCoiner? Yeah sure. And every day new users are teleported.

We shouldn't blame the admin for removing Mixers he just wants to make the forum clean and safe.

I don't know why you're responding if you don't even read what I'm saying, and the other one talking about spamfest. I quote it to you to see if it is clear to you:

This is not to criticize theymos' decision to ban mixers,

566  Other / Meta / The effect the mixer ban has had on the forum. on: January 14, 2024, 05:13:07 AM
As I just said in another thread, I think this topic deserved its own thread.

The main effect that the ban has had is that the mixers have gone to advertise in another forum (shitcoinstalks.com), and with it the campaign managers here as well as a lot of forumers that have been "teleported", being currently active in both forums. I put here the quote of mine from the other thread that I think sums it up well:

I wonder if advertising there has any result. If it has, any forum could do the same, and I really doubt it works that way.

Of course it works that way. If you create a forum today and get the traffic and advertisers there, the advertising will have the same effect as here, but it will be a slow process of change, it will not happen overnight.

I don't have data to know the effect that advertising is having there but if the campaigns are paying about 1/3 of what they were paying here it is because they have made a calculation based on the traffic there and other factors.

Now, once you open the pandora's box you don't know how this can end. If as a result of the increase in traffic and there start to advertise more campaigns and increase rates, then we will see a transfer of traffic from this forum to that, which so far has not happened because most of those who have been teleported are writing campaigns in the two forums and giving priority to this forum because in these campaigns they get paid more.

If in the end the campaigns there, mixers or whatever, in a hypothetical future, will pay as the mixers paid here before, with up to $250 per week and here the ones that are left pay no more than $100 then we will see a real migration of traffic.

This is something theymos should take into account for future restrictions on campaigns, and I think it deserves its own thread. He said he did not expect more restrictions in the near future, as it could be on casino campaigns for example, but he has to be aware that more restrictions in this sense would simply mean that traffic would migrate elsewhere, surely the shitcoinstalk forum, which has seen a business opportunity in this and makes it easier for people to go there "teleporting" which is to keep the rank they have here by simply creating an account with the same name.

If you go to that forum the first thing you see is a link at the top saying:

Quote
To teleport your account from Bitcointalk, click here


This is not to criticize theymos' decision to ban mixers, which I understand in order to prevent greater evils in the future, but it is important to be aware of the danger of traffic transfer if further restrictions are introduced in the future.
567  Other / Meta / Re: I wonder if the forum would be much better without signatue campaigns on: January 14, 2024, 05:05:10 AM
I wonder if advertising there has any result. If it has, any forum could do the same, and I really doubt it works that way.

Of course it works that way. If you create a forum today and get the traffic and advertisers there, the advertising will have the same effect as here, but it will be a slow process of change, it will not happen overnight.

I don't have data to know the effect that advertising is having there but if the campaigns are paying about 1/3 of what they were paying here it is because they have made a calculation based on the traffic there and other factors.

Now, once you open the pandora's box you don't know how this can end. If as a result of the increase in traffic and there start to advertise more campaigns and increase rates, then we will see a transfer of traffic from this forum to that, which so far has not happened because most of those who have been teleported are writing campaigns in the two forums and giving priority to this forum because in these campaigns they get paid more.

If in the end the campaigns there, mixers or whatever, in a hypothetical future, will pay as the mixers paid here before, with up to $250 per week and here the ones that are left pay no more than $100 then we will see a real migration of traffic.

This is something theymos should take into account for future restrictions on campaigns, and I think it deserves its own thread. He said he did not expect more restrictions in the near future, as it could be on casino campaigns for example, but he has to be aware that more restrictions in this sense would simply mean that traffic would migrate elsewhere, surely the shitcoinstalk forum, which has seen a business opportunity in this and makes it easier for people to go there "teleporting" which is to keep the rank they have here by simply creating an account with the same name.

If you go to that forum the first thing you see is a link at the top saying:

Quote
To teleport your account from Bitcointalk, click here
568  Economy / Gambling discussion / Re: Gambling is not a means to an end, Do it for fun and don't take it as a job on: January 13, 2024, 04:46:16 AM
People can take it as the jobs ~XD

Example: Streamer, Poker Profesional. As long you can control and manage your self, these industry have some potential. Especially on (Streamer) the money flow is really big as you can see the contract between Stake - Influencer

It's really rolling.

Yes, but in order to be a streamer you have to be successful. As you say, people who play poker, and I would add sports betting, can take it as a job but today if they start from scratch it's going to take a lot more time and effort than it did 10 years ago. The normal thing is to start learning while doing other activities, such as work or studies, and when you see that you are progressing and earning more money there is a moment when you can consider becoming a professional and dedicate yourself to it. Being a streamer, or influencer, is an addition to the income from the game, because what you earn by broadcasting, making videos or advertising is extra income.
569  Economy / Lending / Re: I need a $30 dollar loan until march 20th and will repay $55 on: January 13, 2024, 04:36:11 AM
is stupid think i will not pay, you are telling me i will not pay isn't funny.
you not know me to say this, your comment isn't neccesary here

It is actually a quite rational analysis of the situation that Vod has made. Needing $30 to eat and promising to pay double that is what is stupid because no one is going to give you a loan for that since not only do you have no guarantee that you will pay them back but there is a clear high risk that you will not. And if you actually promise to pay back almost twice as much, all you are doing is making your financial ruin worse.
570  Economy / Economics / Re: Reasons for personal financial accountability? on: January 13, 2024, 04:27:01 AM
It is not clear to me. Do you mean financial accounting?

Financial accountability: being responsible with your finances.
Financial accounting: keeping track of your finances.

Anyway, I think both are important and it's difficult to be responsible if you don't keep track, so it would be a previous necessary condition.
571  Other / Meta / Re: I wonder if the forum would be much better without signatue campaigns on: January 13, 2024, 04:10:31 AM
If signature campaigns were to continue, the right way to do it would be for the forum to allow everyone to advertise and receive equal pay through the forum. 

What I had yet to see. I mean, you're a Republican and you say that the liberals in the USA have lost their minds and you have to come up with a socialist proposal for this?

I don't know why I'm not surprised.

You have to consider, what made this forum good enough for businesses to think about advertising here? I'm certain it wasn't the presence of people like PP and JG.

Again, and I'm not surprised either, you're jealous. Because we keep getting hired and you don't get hired.
572  Other / Meta / Re: I wonder if the forum would be much better without signatue campaigns on: January 12, 2024, 04:01:06 PM
Remove the signature campaigns and you will remove 90%+ of the forum traffic.

I believe it would be 99%+.

Just look at the increase in traffic to the shitcoinstalk forum with the mixer ban here. What has happened is that the mixers have gone to advertise elsewhere and with it many forum members who mostly now write on both forums, but if paid campaigns were banned here what would happen is that virtually everyone who writes here would go to write about the same topics to shitcoinstalk, which also has a Bitcoin section, increasingly active.
573  Economy / Speculation / Re: Bitcoin [BTC] Price Could Reach $1.5 Million by 2030 Says Cathie Wood on: January 12, 2024, 03:52:13 PM
Does anyone pay attention to these predictions? I think only newbies are impressed by them. No one knows what the price of Bitcoin will be in 2030, although those of us who are into this believe that it is extremely likely to be much higher than it is now. So the best thing to do is to forget about the noise and keep buying and holding.
574  Economy / Economics / Re: Crypto investment vs real estate investment : Which one more dependable? on: January 12, 2024, 03:46:03 PM
Honestly, I build my digital assets first rather than real estate investments. However, I think that building digital assets can be a source of huge and unexpected amounts of income. some people even become rich because of this. So, as of now, I am more inclined to choose crypto investments than real estate. However, when I have many profitable investments on the internet including crypto, I will probably start investing in real estate. However, the development of our investments must occur.

I feel the same way. The most normal is to start with crypto, or better just Bitcoin because it requires less capital. And especially if you have less than $2.5K to invest like the OP. Of course you can have some exposure to real estate by buying REITs for example, but I think it is better to invest in other assets and only when you raise large capital move to real estate.

This would be without counting buying the house you live in and paying it off with a mortgage, which for some would not be an asset but it is an investment, it is part of the net worth that you build as you have more equity.
575  Bitcoin / Legal / Re: We overlooked this little thing: Bitcoin is officially a commodity on: January 12, 2024, 02:53:00 PM
Bitcoin was already a commodity, only now it is spelled out in law.

That is what I have defended in this section. The bitcoin can not be created or issue at will, only mined and there is a finite amount, plus it is a demanded good. Therefore it is a commodity, regardless of whether a given country recognizes it as such or not. If it recognizes it for what it is, so much the better.

Bitcoin is not security in anyway like those ethereum and all those premined coins. Also that many of those coins are using PoS which makes them securities.

Even if SEC do not yet call bitcoin a commodity, it is clear that it is a commodity. It was a commodity since the day it was created, unlike the altcoins.

Precisely this I have also defended in other threads in this same section.

So some of us didn't overlook it at all, OP.
576  Economy / Speculation / Re: Bitcoin ETF Approval; Price dumps, what Next? on: January 12, 2024, 02:43:16 PM
People forget that ETFs add volatility and that just as they can drive the price up faster, they can also drive it down.

The actual impact on the price will be experienced over a longer period, as investors "test" the water with this new investment option.

Yes, I also believe that the positive impact will be felt in the medium and long term, along with halving. But I would have expected a clearer upside with the approval, followed by a downside to catch minnows, surely the approval was already discounted by the market.
577  Economy / Gambling discussion / Re: Drug (cocaine) addicts compromises gambling potentials on: January 11, 2024, 03:05:27 PM
What a combination, cocaine, which is not exactly cheap as electronicash says, and gambling. A straight road to ruin.

Since we're talking about a drug addict who, at some point, didn't have enough money to buy his drugs and had to turn to gambling to make ends meet, assuming this person didn't gamble, there's a good chance he'd have turned to something more unethical to fund his drugs.  We shouldn’t forget that drug addiction is one of the major causes of crime in the society.

In the end he was left with nothing, no gambling, no business and no drugs. Probably now he will do other more unethical things to get money and continue with his vices. These stories usually end fatally, with the protagonist in jail and dying young.
578  Bitcoin / Bitcoin Discussion / Re: Finally ETF approved on: January 11, 2024, 02:56:08 PM
At the moment, the price has made a clear upward move as a result. We will see how this turns out, because it will be followed by a downturn in which many retail investors will lose money playing short term at the hands of the whales. In the medium term, this together with the halving I expect will push the price up quite a bit, although it may add volatility as well.
579  Other / Beginners & Help / Re: Do you have a hard time bringing new people to the forum? on: January 11, 2024, 04:53:52 AM
Hey guys, those of you who are trying to convince people about bitcoin and the forum, it wouldn't hurt to read about what happened to a forum member recently.

Bitcoin Robbery

There are several of us who have said in the thread that we are not trying to convince anyone, or even talk about it, to avoid things like that.
580  Bitcoin / Bitcoin Discussion / Re: Bitcoin Robbery on: January 11, 2024, 04:45:57 AM
Because of these things I don't tell anyone I have bitcoin, unlike some people on the forum, it's a security issue.

Most probably if he applied for a crypto job then these robbers knew he had some coins, they even asked for his ledger. So they assume he has a ledger with him. Did his employer-to-be know this? Maybe

Not exactly. He says he is self-employed. He probably advertises his services saying he accepts payment in bitcoin and that's where the criminals deduced that he would have. They called him to perform a job and the rest we already know. It is a clear risk of "we accept bitcoin here". It's one thing if you have a website, you put it there and nobody knows you are the owner of the website, but if you do work in person it's a risk to even say you accept bitcoin payments.
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