I'm not going to reveal how many BTC I have right now.  It's not that much, so there's no reason for me to brag about it. I had 1.25 BTC back in the summer of 2015, but I sold it because I was expecting the price to drop from 300 USD down to 100 USD. I remember having around 0.33 BTC back in 201-2017 and I sold most of it before the big bull run. Yeah, I know I wasn't a good trader back then. I don't know how many BTC I have earned from sig campaigns in the last 8 years. The amount must be decent, but honestly I don't care about this information. |
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My question.... If the government could find utilizations on the citizens for taxations on generating funds for infrastructures and other government services , why don't they invest on the citizens or support those with the potentials to productiveness knowing quite well that once they makes success, they would be demanded to also contributed to the growing structures of the economy?
What the government knows is that if a successful individual refuses to comply with the government order, they will get you frustrated tending to fold your productiveness qualities or you go to jail.
So, why don't they tax the poor who barely struggle to eat?:Simply because they found those set of citizens useless and the prison will be occupied if charge them for not paying taxes since there are more Poor people than the rich in the society. OP, is it just me or your English is kinda broken. I don't understand everything you are trying to say in this forum thread. The government is paying for your education and healthcare with the tax payers money. The roads and streets you are walking on are built with money coming from the tax payers. Yes, I agree that the rich and more productive people are forced to pay higher taxes, but that's the main concept of the "welfare state". When you have more, you contribute more to the society. I don't think that the poor people are completely useless. They can contribute to the society by doing different kinds of labor, instead of paying taxes(since they have no money). Such labor could be cleaning the streets, for example. |
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Who remembers this old line- the lottery is a tax on people who don't understand math. Let's shift from the lottery and talk about gambling. In gambling do you think that your understanding of math would make you better at gambling. Not necessarily by making you hit the jackpot, but in winning moderately, gambling responsibly, and in choosing strategies for games like poker or blackjack, over games of pure chance like slots or roulette? And now, back to the lottery quote, do you agree?
The actual line is "Lottery is a tax on the stupid". I don't know how did you come up with this "people, who don't understand math" thing. I watched a Youtube video about a Romanian mathematician, who found a method to consistently hit the jackpot at lottery games. I don't know if this was true though. Counting cards was a thing in traditional gambling, I still remember the movie "Rainman", so I guess that you have to be autistic in order to count cards. The whole concept of having consistent wins via gambling(even if they are moderate) is a big lie. If the gamblers were able to make small consistent wins, the casinos would simply go bankrupt in the long run. |
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And why do we have to compare Bitcoin market cap with banks market cap? Is Bitcoin a bank or something?
Bitcoin is supposed to be a currency. Why don't you compare the BTC market cap with the amount of US dollars in circulation?
NVIDIA has a market cap of 3 trillion. And so what? Micro-chips are a product that is in demand. The demand for Bitcoins isn't growing that fast. All those market cap comparisons are kinda pointless. After several months or years, the Bitcoin market cap might drop below 1 trillion.
There's no guarantee that the BTC price will keep growing up forever.
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Egypt to win,
France to win Canada,
Switzerland to win Austria,
Portugal to win Croatia and
Sweden to win Serbia in their respective games, I usually hate betting on friendly matches, because unpredictable results seem to appear more often(well, that's just my opinion, I can't back it up with statistical data). It's not the end of the world. Just move on and forget about it. The teams on your betting list seem to have similar strength(except France vs. Canada) so it's not surprising that Croatia won against Portugal or Switzerland and Austria ended 1-1. At the end of the day, luck is still an important factor in sports betting and we shouldn't be emotionally attached to our wrong decisions. |
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Sure, you might snag a few wins, but in the long run, you WILL get rekt.
Bitcoin is an unstoppable train. If you don't believe in its power, don't hop on.
But here's the golden rule: Never bet against Bitcoin.
Do you really understand how the "bears" are making their profits? They are selling at high prices, buying at lower prices and keeping the profits. Selling BTC at 70K USD and buying back BTC at 60K USD doesn't mean that they are leaving the Bitcoin market or betting against Bitcoin. Shorting is basically the same process as selling high and buying low(the opposite of what the "bulls" are going-buying low and selling high). There's nothing wrong with shorting Bitcoin. The BTC price will always have it's drops and bear markets here and there. The bears aren't doing anything illegal or morally wrong. This is an open market and the traders on that market can choose whatever strategy they want to make a profit. |
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corporate social responsibility (csr) is an activity carried out by companies on the social and environmental impacts caused by their company's operations, and in this case, casinos have the potential that their operations can cause many cases of addiction in society. there have been many cases of addiction caused by gambling and usually the families of these victims bear the costs of rehabilitating these addicts themselves. usually the family will pay for the various needs of these addicts, such as food, hospitalization, etc., and that is not a little because there are addicts who need months to recover.
my question is, do casinos need to be charged to carry out csr to rehabilitation centers so that these rehabilitation centers can provide discounts for cases related to gambling addiction? and what about online casinos, how should they carry out csr since they operate globally?
I agree with the idea that the money coming from casino/gambling taxes should be used by the government and the healthcare system to cover rehabilitation expenses. However, I'm not sure that many countries around the world are going this. Are the online casinos with a Curacao gambling license paying any taxes? I'm not sure about this. I think that corporate social responsibility is usually conducted voluntarily by many businesses, and the governments shouldn't make it mandatory. The crypto gambling industry is really competitive and I don't think that any crypto casino would decide to spend money on rehabilitation and voluntarily lower it's profit margins. |
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I am working to get my bitcoin off of exchanges and into cold storage but I had a question regarding transaction prices. As more adopt Bitcoin, transaction prices are going to increase as there is more demand for blockspace. Is there any documentation or research into what transaction fees may look like in a world where Bitcoin is more widely accepted? I am worried that from an individual level the blockspace may become so valuable that moving Bitcoin on and off a personal cold wallet may be unfeasibly costly for the average user.
My understanding is at the current moment while it is still becoming adopted, the value of the Bitcoin held should scale with the transaction costs. I am more wondering about long term viability of personal cold wallets, and how the different layer 2+ scaling projects (lightning, Fedimint, etc.) as well as custodial services may play into the long-run transaction costs. Anyone with knowledge or resources they could point me to would be greatly appreciated!
I'm not sure that Bitcoin is going to be truly "globally accepted". And by "globally accepted" I mean Bitcoin becoming a truly mainstream global currency. This most likely would never happen. Bitcoin would be more like "digital gold", a financial asset that is mostly used by the big institutional investors to add in their portfolios. The problem is that those big institutional investors could afford to pay ridiculous transactions fees. This could scare away the small BTC investors. I don't know about any potential solutions of this problem, since I'm not a Bitcoin Core developer. |
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1. Coach.
2. Judging.
3. Player injuries.
4. Season of the year. What do you mean by "judging"? Are you talking about the referee and the decisions he makes during the game? How can this be predicted? The "coach" cannot be one of the main factors, when predicting a single game. For example, Manchester City has a great coach, but they've lost several games across the Premier League season against theoretically weaker opponents. Can you blame Pep Guardiola for those losses? The lack of important players, that are missing because of injuries and red cards is the most important factor, when we are trying to evaluate the strength of a team in a particular match. |
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That's good advice, but why is this forum thread in the Economics forum? Maybe you should move it to another forum.
This topic isn't about Economics and finance. It's about hiring lawyers/attorneys for your business.
I don't think that many forum members have an actual business and I don't think that they are dealing with signing contracts with other businesses. I personally don't own a business and I don't plan registering a company anytime soon.
Lawyers are expensive as hell where I live. Maybe that's why many small business owners don't want to get a lawyer.
What is this rblaw website? Is this website yours?
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For Duelbits, it's offering 1.85.
For Stake, it has 1.80.
For Sportsbet, it has 1.90. Yes, I would definitely stick to my favorite casino, because I trust it. The odds don't matter that much. There might be some shady unknown bookies offering odds like 2.5 or 3 for the same games, but I'm always cautious. If something seems too good to be true, it most likely is a scam. Of course, you could try other casinos, that are offering higher odds, by placing a small bet in them, but I'm just too lazy to do this and I don't care that much about the potential profits. I'm kinda conservative and I would always choose reliability over profit maximization. |
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I think BTC is very volatile to use it as a value reserve of a big company or a country. But it is awesome seeing its capability to speculate and invest in long term. Today I watched a video on YouTube a rich man saing that BTC is 80% of his patrimony. I think it can be dangerous. And all of you? Also are all in?
Bitcoin might be volatile in the short term, but the BTC price keeps growing steadily in the long term(despite any short term price drops). This makes BTC a good investment for the portfolios of many investment funds and corporations. Almost no country in the world(except El Salvador) is going to buy BTC and add it in it's currency reserves. Maybe some other underdeveloped countries could follow El Salvador's example in the future. Bitcoin isn't dangerous. What are you talking about? The only danger related to Bitcoin is the big western countries suddenly deciding to ban BTC trading and mining. However, I don't believe that this will be happening anytime soon. Why don't you post a link to the Youtube video you just watched? |
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This year I was expecting that we would see a main bull run later after halving, in winter, like we see traditionally but today the situation is absolutely different, we saw an all-time high of many coins very soon and the price has been increasing for months, good news after good news, now I can't imagine how long this bull market will last. At the moment, it looks like there is no place for bears and after so much positive news, I can't imagine what should happen to make people start selling.
What do you think, when will bears take advantage and start dominating the market? Is this bull run the major bull run that we will see till the next halving?
I think that the winter-spring bull run has ended. It's clear that the BTC price can't push above 70K USD. I expect a slow decline during the summer and another bull run in the last three months of 2024. The bears will have a chance to make some profits during the summer. Maybe the massive bull run will begin in 2025, when finally the global conflicts in Ukraine and Gaza will have to deescalate and the FED will start lowering the interest rates. I actually heard some news that the European Central bank lowered the interest rates recently. This is a sign that the period with high interest rates is coming to an end. |
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While any investment could involve the strategy of diversifying into other investments because of managing risk and having smooth returns, It may involve multiple or even single investments across various asset classes that may be equities, bonds, securities, commodities and tokens as well as various sectors like Real estate and other geographic regions.
The kind and the choice of investment, is often a product of the current environment where one lives in. Hate the place or love it, one may be faced with the challenges of multiple tax systems, regulations and currencies that may pose a threat to ones investment goals and it could also be different and more favourable in another region or new location where one intends to settle or may consider ideal to live in. 1.NO. Your investment doesn't depend on your region or residency. Nowadays you can move to almost any country around the world. I'm talking from my perspective. I don't know if many people in Asia or Africa could move to other countries, but in general, your geographical location cannot determine your investments. 2.The process of buying stocks, commodities, bonds, etc. is more or less the same regardless of the location. It doesn't matter if you live in Europe or Asia. If there are difficulties with taxation, regulations and legislation, you could simply move to a country, that has better laws and lower taxes. If you are too lazy to move to another country, you can't blame anyone else. |
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I noticed that there are a lot of web3 casinos popping up in the gambling section. I'm curious if this is the new trend for casinos, as web3 casinos eliminate the KYC requirement since they promote "Anonymity and Privacy," which crypto casinos (not web3) cannot offer because they are regulated and bound to follow the mandates of their regulators.
However, from my other research, I also read that although web3 casinos are not universally regulated, they could still be compliant with regulators, especially concerning Anti-Money Laundering (AML). This puzzles me because I thought web3 casinos would completely offer anonymous gambling, but the word "compliance" suggests that we will still need to verify KYC.
What are your thoughts on this, and how deep is your understanding of web3 casinos in terms of their legal parlance?
A web3 casino is still a casino and it should be regulated like all other casinos. However, web3 casinos are permissionless, which means that the players aren't required to create an account and provide information. How can such casino require KYC, if the player doesn't even have to create an account? This doesn't make any sense to me The whole situation reminds me of the early stages of crypto casinos, when they were unregulated, because cryptocurrencies weren't considered actual money. Gambling platforms are becoming more and more convenient for the average user, which has it's drawbacks. More people might get addicted to gambling... |
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I hate high fees, I hated them since the first jump I feel like getting robbed every time I have to spend more money to spend my money, when I have to wait to get better rates, I am a merchant obviously biased but there are moments like this when it's not about bias, it's rage! The volatility of the transaction fees is one of the reasons why Bitcoin isn't suitable as a regular currency accepted by merchants and small businesses. Maybe you shouldn't accept BTC payments for your business. Just wait until the fees decrease and sell your BTC. Bitcoin has turned into "digital gold" and we have to be patient when dealing with Bitcoins(HODL more and sell less). I also hate all the useless sh*t that has been clogging the BTC blockchain, but we have no choice. Maybe one alternative would be sticking to an altcoin, that has lower transaction fees. |
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▶️ New Referral Program (Commission & Bonus):
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💰 A whopping $5000 Bonus for each successful referral!
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HOW IT WORKS____________________
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For each successful referral, you receive a locked $4000 bonus. Your friend instantly receives a locked $1000 bonus upon registration.
Unlocking Bonuses: Both bonuses gradually unlock as your referral’s VIP level increases. I'm sorry for saying this, but this "locked bonus" thing seems really sketchy to me. I've never seen any affiliate program offering a 4000 USD "locked bonus". It sounds too good to be true. How does the referral VIP level increase? Do I need to gather 1000 active and paying referrals in order to unlock this "locked bonus"? Getting hundreds or even thousands active referrals would require a big marketing budget and spending money for Ads and Social Media promotion. I'm not ready to spend money on advertising, because the affiliate program looks suspicious. Anyway, good luck with getting more affiliates and referrals, OP. |
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They would literally inspire others who have the same believe that meme coins can make them rich even if they don't invest in Bitcoin. I believe secretly everyone who are investing in meme coins have a secret objective. The "Pump & Dump" mentality of many shitcoin investors has never gone away from the cryptocurrency markets. It's like penny stock investing in the unregulated stock markets. The investor buys a stock worth less than a penny and expects the price to go 10X or 100X. In most cases, the prices might go up mostly due to market manipulations and building hype around sketchy projects. By the way, Notcoin seems like a cool name for a cryptocurrency. The comparison between a shitcoin market cap and the BTC market cap is hilarious. Having 0,15% of Bitcoin's market cap still means nothing, because a shitcoin will always remain a shitcoin. |
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The solana meme coins could be good way to invest into real world projects.
As banks don't give money so you could collect funds with meme coins and it will start the innovation and a lot great ideas will be turning into reality becouse If there is funds people can realise their dreams.
For example building and real estate developement or any other business idea to collect funds limitless opportunity i don't know why people don't do that ?
I would love to invest something like this and then i'll get rewards or ownership of business.
Sure, you can't never trust anyone can create meme coins but If we going to risk anyways for fun and no actual use case or utility then atleast lets use it for something good.
Also can collect donations for projects and many many more ideas i would really love to invest in this way.
That will Bring more money than actually USA wall street doing it now you could collect more than fed can print money for all kind of projects.
I really love to invest into real projects trough solana meme coins they could be like company stock shares.
Just Nice it will be
OP, your forum thread is all over the place and it doesn't make any sense. Do you remember the ICO tokens(initial coin offerings) back in 2015-2017? You are proposing the same thing, but you are calling it "solana memecoins". Most ICO projects turned out to be exit scams. I'm sure that almost all "solana memecoin" projects will also turn into exit scams. Accepting donations via crypto? What could possibly go wrong? Fake crypto donation campaigns, turning into scams? Maybe OP is just trolling the forum with low quality posts. The "Economics" forum is filled with ridiculous forum threads, made by several accounts that looks suspicious, as if one person is using those accounts to post low quality topics. |
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Currently, there's a pattern. A person makes a new account in BitcoinTalk, makes a topic/accuses a casino of scamming him/her, and because some users need to bump up their post count for their signature campaigns, the topic gets more attention than it should be during a normal situation.
OK, it's understandable that users need to bump up their post count, but we should also be responsible to find the truth, and merely not believing an accusation from a person who literally made a brand new account, nor discussing it with the person like something wrong actually happened. Because actual scammers themselves will take advantage of us.
How the scammers can take advantage of us in such situation? What do you suggest? Nobody creating brand new accounts on Bitcointalk and complaining about being scammed by a casino? Most people, who "bump their post count" by posting on such forum threads actually want to find out the truth. We shouldn't tolerate casinos, that are scamming their users. The newbies having the freedom to complain about being scammed by a casino is a really important part of this forum. And of course, BOTH SIDES SHOULD PROVIDE EVIDENCE FOR THEIR CLAIMS. Here's my proposal. The posts made in the Scam Accusations forum shouldn't be counted by the sig campaign managers. This is how less people will "bump their post count" and your imaginary problem will be solved. |
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