Theres 300 max players in the free to enter tournament, first 300 to register get a seat. Game is this Saturday the 27th, 4PM UTC. I'll post registration link here half an hour before it goes out on our main twitter.
Nice to hear that you listen to member's suggestion and implement it quickly by having tournament to get entry for the 20k poker night. Although the tournament is actually not that friendly for Asian players because it will start in the midnight, but at least you try to give chance for your players to participate in the 20k poker night. I'm wondering how much would be the "cash prize" for the free tournament and how many players will win the cash prize, is it limited to 5 winners only which is the same as the number of free tickets for the 20k poker night tournament? Obviously there will be no cash prize. It will be a freeroll rewarding five of the players who finish from first to fifth place. And because the tournament might not reach 300 people, the maximum number of registrants, it will definitely improve the players' expectation to reach those places that qualify you to the Super High Roller Tourney. Good luck to the users of Bitcointalk. I would like to try my luck, but I haven't reached the prerequisite of $5,000 total wager requirement yet. |
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It's a fact that China's domestic demand alone can't support the whole manufacturing sector.
We're getting closer to the point of finding out this, I'm living in Europe so the experience might be different from the US but lately a ton of cheap stuff in the chain stores no longer comes from China, it's mostly South East Asia, the trend is pretty obvious with clothes, I don't think I've ever seen so few chinese products, just India, Bangladesh, Indonesia even Egypt and weirder than everything Mexico! Same for all that cheap plastics stuff, till last year I don't think I've ever seen something made in Philippines in a store for all my life! There's also that, a competition against China for cheap labor. But it is projected that India will slowly start taking over China's place as the world's dominant manufacturing factory/production hub. That's because of India's increasing population, increasing abundance of skilled labor, and their growing economy. Plus China's population is getting older, and therefore the number if skilled workers get old too and decrease. ¯\_(ツ)_/¯ China might also start mobilizing a stabilization fund/rescue package to provide liquidity and save its stock market from crashing. It's either they will turn on the Yuan-Money-Printer, or get it from state-owned companies. https://www.businesstimes.com.sg/international/global/china-weighs-stock-market-rescue-package-backed-two-trillion-yuan |
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Note!!! that this is from data published by the CCP, so probably 386% might be more accurate
Double that. Haha.
I'm pretty sure that some even after readying the title are already typing something about the US debt so keep the shitty low effort propaganda whataboutism out of this:
Stick to the topic and leave the frustration of having a green card rejected somewhere else!
I know it's a pain for some who wake up ten times at night to check if the de-dollarisation is happening to read stuff like this, but again, this is reality!
Actually, if the United States' economy is under a worse condition than China's economy, then those people who debate that China will become the next dominant economic super power should be no stranger to the fact that what's bad for the U.S. economy will absolutely be bad for the Chinese economy. Why? Because the U.S. is China's biggest customer for Chinese exported/manufactured goods. It's a fact that China's domestic demand alone can't support the whole manufacturing sector. |
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The DCA method is again the most preferred because investing in the DCA method is likely to achieve success. The regular DCO method helps an investor own the large asset Bitcoin. And DCA method depends on how an investor can invest, weekly, monthly investment will bring quick success of investment because if bitcoin is invested every week then there will be a lot of savings in terms of price. And it is possible to be successful in long term investment, if you act according to your advice it is definitely possible to be successful.
The DCA method may seem simple to follow but I reality, it require a lot of discipline. Just like every other thing that involves money, emotions will always be engaged in the DCA method so care must be taking to avoid yielding to pressures even while applying the DCA method. Some of the temptations that can come up include but not limited to the pressure of trying to sell when the portfolio becomes too big. There is a way the money will grow and we begin to imagine what we could achieve with it, this is where the temptation of selling come from. Furthermore, I have seen a case of someone using the funds for DCA in buying something else. His emergency fund got exhausted and he needed more money for his needs. This is one of those things that can come up even when you think you have got everything planned out. That's very VERY true no matter what path you're following, whether it's DCA, Buy the DIP, or a hybrid of both. For us plebs with limited capital, it's much better to be more efficient with our money and take advantage of the opportunities during discounts. But many individuals always say, "But the DIP always goes lower". That's true, but you'll definitely get more units of Bitcoin by purchasing it at $39,000 than at $45,000. Plus if you're the emotional sort of person, HODL your Bitcoin in cold-storage in an offline computer. That would a few extra steps for you to sell your Bitcoin in case you panic and it will stop you from selling.  |
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These institutions have a growing treasury of Bitcoin in their vaults, https://bitcointreasuries.net/In this topic, I will sound like a broken record/an insane person who will keep repeating this same advice over and over. Don't let the institutions front run you, YOU front run them. Buy the DIP, DCA, or both. You do what you're comfortable doing, but the important thing is to HODL those coins in cold-storage and never let the institutions get them from you. Probably give them a very small amount for the right price. Offer some for seven digits. That sounds more like it... HODL the coins and "don't let the institutions get them". Such statement is testament to the fact that Bitcoin will be a great commodity in the future hence the need to take our Bitcoin accumulation seriously while guarding the asset jealousy. Even when we don't know with certainty what the future holds for Bitcoin, it is our expectations that it will continue to gain the approval of people and big institutions even while efforts are also made to create use cases that are in consonance with the expectations of many and the very essence of its creation. I will be more than happy and proud to know that I'm part of a revolution that will transform lives, offer solution to real human problems and indeed make a rapid improvement to ways of doing business across the globe. You say they're mere "expectations" like anything positive mentioned about Bitcoin are empty words. But if a person tried to read, learn, and understand how the network actually works, he/she would never say that Bitcoin's future is based on expectation. Bitcoin doesn't hold an "empty promise". It's a practical solution to the Byzantine Generals' Problem, which I believe is a challenge that was taken very seriously by computer scientists who worked on distributed systems. |
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If you ask me, it's not about whether Jaime Dimon hates Bitcoin or not, or whether J.P. Morgan is making money from it or not. It's how misinformed he is about Bitcoin, and he talks as if he knows or understands how the system works. He's an intelligent man, and if he could set hubris aside, I believe he would respect what the protocol is trying to do technically although knowing that Bitcoin would eat through centralized financial systems.
People in high positions do not necessarily have to be intelligent, because they do not come to such positions because of their expertise or intelligence, but because of that they are eligible according to certain criteria. There are a lot of people who can be called "useful fools" because they serve a purpose and nothing more. An intelligent person can understand something that is very easy to understand and factually provable to anyone with a bit of common sense. The question is, does he even have the intelligence you are talking about or is he just one of those "useful fools" who says a lot without even being aware of what exactly he said. Placing personal biases aside, I believe it takes a very intelligent individual to become a CEO of a medium-sized financial institution at the age of 30, help save it from failure, and through a series of mergers and acquisitions, turn it into the largest financial institutions during that time called Citi Group. Plus he did it again under his leadership in J.P. Morgan. That's why it's very laughable that this person, who obviously has above-average intelligence, could be very misinformed and stupid. ¯\_(ツ)_/¯ |
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Jamie Dimon said many times that Bitcoin is a fraud.
He is making money. Millions and millions. Do you think he is not making money from bitcoin? Then you are a fool. Just because he doesn't like bitcoin, doesn't mean he is not going to make money from trading bitcoin. When there is money to be made, it will be made and JPM is very good at playing this game. If you ask me, it's not about whether Jaime Dimon hates Bitcoin or not, or whether J.P. Morgan is making money from it or not. It's how misinformed he is about Bitcoin, and he talks as if he knows or understands how the system works. He's an intelligent man, and if he could set hubris aside, I believe he would respect what the protocol is trying to do technically although knowing that Bitcoin would eat through centralized financial systems. JPMorgan Chase & Co. is an American multinational financial services firm headquartered in New York City and incorporated in Delaware. It is the largest bank in the United States and the world's largest bank by market capitalization as of 2023. https://en.wikipedia.org/wiki/JPMorgan_ChaseThat guy may have said that to manipulate the markets. You'll never know what his real intention was. Perhaps, then would he say positive things about Bitcoin to manipulate the price to surge up? |
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Does it bother you when dealers change during play?
That depends on who's going to be the next dealer. Hahaha. In the Live Craps games in Evolution there are about eight dealers and they have shifts of probably 4 each during a 24-hour period, but only the four of them work at any given day. If you regularly play Craps, those dealers would already be familiar to you. You already know who's annoying, who's "bad luck", who's funny, and who's boring. There are two dealers that I don't like. The fat, annoying one with the glasses who always talks in rhymes, and the small one with the red hair who talks very fast, you wouldn't understand what he's saying. He's also bad luck "Mr. 7". Regular Craps players would understand. |
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Sports betting arbitrage is a strategy in which a player takes advantage of discrepancies in the odds offered by sportbetting sites to obtain profit. Have any of you tried to make money this way? what difficulties did you encounter? What bookmakers did you use? Have any of you had problems with bookmakers because of this? Why does it bother them anyway?
How is it even profitable because the odds won't have high discrepancies as far as I know. Although arbitrage profits with a very small margin which requires large amounts of money, it's still profitable if your capital is large enough and your volume is high enough.
Besides that, we eventually have to place the bet and win in-order to gain that extra % of amount.
If we lose the bet then we will be losing everything anyway.
No, that doesn't how it works. Because of the inefficiences of the odds from different sports-betting sites, an arber will merely bet on one team, then bet against himself with the other team. The discrepancy of the odds from those two different sports-betting sites will assure the arber some profit. |
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In a way this is all good for Bitcoin because when people like Dimon say some nonsense about Bitcoin like "it is fraud" and when people know he and his company are the most fraudulent beings in this world, they can know the sides a lot better.
One side is the side of Bitcoin where we have an exit route from the fraudulent system and the other side is that fraudulent system that is attacking Bitcoin and spreading FUD about it.
The day criminals and crooks like Jamie Dimon start praising Bitcoin is the day we should start worrying...
It's not about "what's good for Bitcoin" and how it would change their point of view. It's how Jaime Dimon, who's truly a smart banker who saved J.P. Morgan during 2008 Financial Crisis, could be very misinformed/stupid about Bitcoin to say that "SATASHI" could come back to increase the supply, or "erase" the supply. They merely notice the "Coin", and ignore the network/breakthrough of Nakamoto Consensus and how that solves the Byzantine General’s Problem, which makes it possible to build truly decentralized systems. |
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Why not host a freeroll poker tournament for levels Wood to Platinum? Top 5 players get to win 5 seats for the Jade VIP tournament and be given an opportunity to play with the high-rollers. I believe that would not only be good from a marketing perspective, but it will encourage building a community as well.
I like this idea. Theres a maximum of 300 players per tournament for the poker client we use, so it'd be raffle style entry. I think I'll try this in February. Will keep you updated! Thanks, and we're looking forward to that, ser. Another idea once the community built is big enough is probably to organize it into a weekly, monthly, then a main yearly tournament with very big prizes? For the raffle idea, if there's a "celebrity-whale" from the Shuffle community, invite him/her to play in those smaller tournaments, if somebody eliminates him/her from the tournament, then the user who got him/her eliminated would win a seat for the bigger tournaments. |
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Trading is something where you need to know analysis, money management, analysis risk, maintain loss, Control Your Emotions and so on. Well I believe its good to have your own stretegy rather than following others. But everyone has different mindset, so are for their trading Strategies. Can you share yours, so that other one could learn from you and can do improvement in himself? Thanks
Buy low sell high. That's very easy to say, but definitely very hard to do when the amount of the capital you're actually trading truly matters. For a small amount, it's easy. But trading has some similarities with gambling. When the amount is high enough that makes you uncomfortable and emotional, you're going to make wrong and inefficient decisions.
That's the only strategy you need. Never check charts. Never use indicators. Never listen to anyone. Do you own research. If you paid $10 for something, you believed that something's intrinsic value is more than $10 and it will be traded for more than $10 in the future. That's why you paid $10 for it.
Charts are important for trading. How would you "trade" a very volatile shitcoin without looking at the chart? You wouldn't know that it's in a trajectory to zero. ¯\_(ツ)_/¯ |
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These institutions have a growing treasury of Bitcoin in their vaults, https://bitcointreasuries.net/In this topic, I will sound like a broken record/an insane person who will keep repeating this same advice over and over. Don't let the institutions front run you, YOU front run them. Buy the DIP, DCA, or both. You do what you're comfortable doing, but the important thing is to HODL those coins in cold-storage and never let the institutions get them from you. Probably give them a very small amount for the right price. Offer some for seven digits. |
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OP, because you're asking, it's probably because you're losing your hard-earned money through "trading", losing control of your emotions, losing your sanity, and I'm sure you never stop checking the charts every minute? The solution for me is simple. I stopped trading shitcoins, then during 2019 I picked the best coin in crypto, Bitcoin. I waited for the DIPs of that year, and sent everything I purchased in cold-storage in an offline computer, which will make it complicated to send to an exchange if I panic. The strategy is called "Forced-HODL". Hahaha. I'm joking, but I believe you get the point. |
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But do you think this is a smart move of him or you still prefer the use of digital dollar?
Do you agree with him to not allow the creation of CBDC or you just don't care about this?
I know that it is non of my business but I just want to know, is there really a need to create CBDC?
I want to hear your thoughts on this as it might happen to any country in the world anytime.
That's mere propaganda because he's trying to win the people over in my opinion. If he truly cared for the people's freedom, then he should give Bitcoin, as a technology, a chance. But he already said that it's a scam. We can't trust politicians to put their thinking-caps on and listen. Plus he probably knows there's no actual need for a CBDC because the people behind the legacy banking system already control all the financial rails and all fiat is already in their centralized ledgers which they can withold from you anytime they want. If that system is a sickness, then Bitcoin is the cure. |
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JP Morgan Chase fights 45 billion hack attempts a day.
But does that truly matter? It will probably be an inconvenience, but because their ledgers have only one validator, or a federation of validators which actually works for one entity, they will merely roll back the ledger, patch their software, and it would like the hack didn't exist. Plus they also control all of the financial rails and they could simply freeze any amount of money, then send them back to their vaults. |
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For the first time in history, GBTC began systematically selling bitcoin.
What’s more, it wasn’t the choice of any Grayscale trader to sell; selling was a requirement. As an ETF fund manager, Grayscale must ensure that GBTC’s share price tracks the price of bitcoin.
 If that's true then it's not just the macro-economic conditions in legacy that would force a pre-halving Bitcoin crash. Barry Silbert will also be a part of that. Bitcoin is already down about 10% from the top, and it's been merely one week. To my fellow plebs, if you have extra savings and/or disposable income, you obviously know what you should do if another golden opportunity arrives. |
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It doesn't truly matter if you bought the DIP and the DIP goes lower. What matters is bidding Bitcoin at $41,000 is better than bidding it at $45,000. You get a discount, you are a little more efficient with your capital, and you'll probably HODL more units of Bitcoin through looking for discounts. HODLing more units = Definitely MORE value in your wallet when the asset surges. Buy the DIP, and HODL because there's an increasing number of HODLers who have HODLed Bitcoin for more than one year. They are front-running you and it's in an all time high. https://www.lookintobitcoin.com/charts/1-year-hodl-wave/ |
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Some people just enjoy making loud statements because it gives them publicity, and some think there's no such thing as bad publicity. Also, some people are against Bitcoin because they've made their wealth in traditional markets and consider Bitcoin a threat to those markets, something unnecessary and destabilizing. I don't know what kind of person he is, but I believe it's embarrassing to be so wrong about Bitcoin when you're supposed to be good at Economics and at understanding investments. It's either his emotions or a strategic choice to capitalize on publicity that prevent him from being objective about Bitcoin.
It's absolutely OK to be looking for publicity, but he should definitely be careful in what he says. I can't find the video right now, but in that video, Jamie Dimon said that he believes SATASHI, yes he actually said SATASHI, will come back and either "increase" the Bitcoin supply or "erase" it. ¯\_(ツ)_/¯ He's very misinformed about Bitcoin and it's so laughable that he goes on T.V. talking like he has practical knowledge on the system. The smartest and the most technical people in Bitcoin couldn't sometimes agree what Bitcoin is or have the same viewpoint, but Jamie Dimon talks like he knows everything about it. |
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Another DIP buying opportunity might be coming! I'm not sure how low, or if this correction continues to fall under $40,000, but buying some Bitcoin with any sort of discount should definitely be "greeted" with open arms. Don't miss the opportunity!
Buy the DIP, and HODL!
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