Bitcoin Forum
May 25, 2024, 03:44:41 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 [37] 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 ... 260 »
721  Economy / Gambling discussion / Re: As a gambler do you have a potential winning amount limit? on: July 25, 2023, 06:40:11 PM
I don't agree with OP that we all gamble to make money. I sure do that, but there are people much wealthier than me who gamble strictly for fun. You can't possibly think that when millionaires gamble they're focused on the money. It's just a way to have fun for them and throwing away some money is nothing to them. They throw money away on expensive food and clothes, so they can as well do that at the casino.

I usually set limits for myself by sending only small amounts of money to my casino accounts. As far as the win goes, I'm fine with taking 2x any day.
722  Economy / Speculation / Re: Wrong Predictions as price keep failing! on: July 25, 2023, 06:24:17 PM
Today surprised me because the price has dropped again and has the opportunity to drop below $ 25k, the prediction that the market will rise after March turns out to be wrong and this makes us have to be patient to hold it, I'm sure the market will rise soon and don't panic when facing a market like today.

That's because many people don't realize that bitcoin's price reacts to global economy. If the FED keeps increasing interest rates sooner or later stock traders will have to sell their assets and that includes bitcoin. That's what's been happening since 2022 and bitcoin managed to get back up after some bullish news, but the US government is obviously trying to counteract.
There's nothing wrong with bitcoin, so I'd treat any small dip as opportunity at this point.
723  Economy / Economics / Re: Inflation is making a mess of my savings. on: July 21, 2023, 07:54:37 PM
Due to global economic problems, things like inflation are happening in different countries now.

That's what they want you to think, that it's all caused by problems like war in Ukraine, global warming, the pandemic and all that. It's all lies. Inflation is mainly caused by money printing and they were printing all the time in 2020 and 2021.

I also feel inflation hitting hard, but I have more bitcoin than fiat money so I feel somewhat safe. If you feel your purchasing power disappearing every month, reduce your exposure to fiat money.
724  Economy / Gambling discussion / Re: do anyone have done this? with gambling platforms on: July 21, 2023, 07:44:29 PM
I had that actually a couple times, for instance I had crash games where I played with a very low amount and kept winning over 10x a few times. I also got a few jackpots in slots but only in test games where I'd bet something like $1.  I never managed to win really big money and score 10x on a $100 game or anything even close to that. I don't consider myself a lucky player.
725  Economy / Gambling discussion / Re: Will You Stop Gambling Even If You're Doing Great If This Happens To You on: July 21, 2023, 07:24:54 PM
Will you explain to him that you are doing great and you are not a compulsive gambler
Will just stop gambling  and be practical and get that multi million inheritance

I'd keep gambling but cover my tracks so that he doesn't find out. One of a possible ways to do it would be to gamble with cryptocurrencies and buy a laptop or a phone only for that so that there's no trace on your normal devices that he can check.

I wouldn't worry to much about being disowned because where I live, even if they do it, you're entitled to 50% of what you'd get if you were not disowned. So you either get it all, or you get half of it if he catches you. Best case scenario, you get to gamble and never get caught.
726  Economy / Gambling discussion / Re: Do you gamble because you don't have sufficient money? on: July 21, 2023, 07:12:26 PM
I don't think anybody ever did such a study worldwide, but my guess is that gambling is as popular among the rich as it is among the poor. It's just a different kind of gambling. Poor people are often found gambling with pennies, playing slots, putting little money on their favorite sports teams. At the same time rich people put money on horses, they gamble on the stock market, yes gamble, because high leverage trading is gambling, and they play high stakes poker at the casino to show off.
It's not true what that guy said about poor people gambling to make money. If they made money this way they'd only get more confident and kept gambling.
727  Bitcoin / Bitcoin Discussion / Re: Will You Return Hardware Wallet That Contains 3+ BTC in a Hotel Room? on: July 21, 2023, 07:03:42 PM

If you were in the woman's shoe, what would you do?
Probably take it off since I'm a man and women's shoes are really uncomfortable Cheesy
Quote

Or if you see such amount as bitcoin in your working place with the seed phrase in aseed plate, what will you do?
And probably you know the person and there is no way to locate the person.

The answer is very simple, I'd take it.
Don't know the person, have no way to return it, so I can either leave it as it is for someone else to pick up, or I can take it. I'd choose the second option.
If someone came looking, I'd ask them some questions to verify if they're the owner and tell them that I'd send them the money in exchange for a finder's fee.
728  Bitcoin / Bitcoin Discussion / Re: Days you need to work your ass at minimum wage for a BTC, by country on: July 20, 2023, 06:47:54 PM
So, people earning minimum wage ...live from hand to mouth, they will never have the full amount available to buy Bitcoin. The best bet for them will be to get a second job and to use the full amount from that job to fund their first Bitcoin.

Also ... you have worked with a fixed price... so if the price of a Bitcoin goes up, then people can sell their coins.... wait for the price to go down and then buy more Bitcoin from the profit. (this is what I have done and I reduced the time and money from my wages to get to that first coin.  Wink

It's not that bad. In some EU countries minimum wage may not be enough to rent an apartment by yourself, buy food and save up, but if you have some wealth given to you by your parents, like you own an apartment and share it with someone, like a girlfriend, you can live fine on 2 minimum wages. It's not going to be a life of adventure, if you know what I mean, but you should be able to save up, be able to buy a car, go abroad for holidays and all that. It's not like minimum wage = slavery everywhere you go. In some countries it only allows to buy the most basic things, but not in all of them.

What is the most interesting is how many countries are at 5k+. If you're at 5k it means unreachable, because you're saving up in fiat terms, so the more time it takes the more impact inflation will have on your savings and the more expensive bitcoin will be. If you decide to save up with a goal of 1 btc over the course of 3 years, that's doable, but 5 years will mean that bitcoin will go through a whole cycle while you're doing it, and at the same time yo will lose at least 5% of what you were trying to save up each year. What looks now like 5 years may in fact end up being 7, or more.
729  Bitcoin / Bitcoin Discussion / Re: Kuwait Bans Bitcoin and crypto payments, investement and mining on: July 20, 2023, 06:28:17 PM
I wonder what the motivation for this was. Perhaps they were seeing an influx of crypto miners that was stressing their electrical grid and causing problems? That’s the first thought that comes to mine. Especially considering the timing with the hottest days ever being recorded happening. I’d imagine they want to make sure people are able to use their air conditioners without brownouts due to miners.

Or one of the anti-bitcoin lobbyists like the IMF or the World Bank told them that if they do it they'll get a loan (or not get one if they don't). Also possible they were pushed into this by this FATF bullshit organization that wasn't elected by nobody, but has the power to threaten countries with blacklisting.

You can't ban bitcoin, you can only ban yourself from bitcoin!
730  Economy / Speculation / Re: Whats your thought on: July 20, 2023, 02:41:20 PM
I'm curious about the recent pump in Bitcoin's price. What are your thoughts on the factors that contributed to this surge? Do you believe it was primarily driven by positive news, investor speculation, increased mainstream awareness, or a combination of these factors? How do you think this pump will impact the overall cryptocurrency market? Looking forward to hearing your insights and opinions!"

What caused bitcoin to stay below 20k for so long is more interesting to me. If we consider all possibilities, BlackRock and other companies knew they were going to launch bitcoin oriented services long before they announced it. They knew it in 2022, I'm sure of it. In that case an extended bear market was good for them and allowed them to buy cheap.

I think that all people who were selling at 17 18 and 19k were selling to BlackRock and its affiliates and insiders. That's why when bitcoin begun to recover on its own, reaching 25k, these companies decided to announce their moves all at once, because they knew we're starting a bullish trend, a reversal, and waiting for lower lows doesn't make sense anymore.
731  Economy / Economics / Re: Food security in the world has been shaken by Russia's actions on: July 20, 2023, 02:23:51 PM
Thus, Russia stated that it intends to sink any civilian ships that will be sent to the Black Sea ports of Ukraine.

They're acting like a bully. The Black Sea doesn't belong to Russia!
It's like saying that if you see anybody walking on the street in front of your house you'll shoot them.

IMO countries should show their objection and send a group of ships, followed by a military escort, preferably in the air. If these transport ships are attacked, the escort should elliminate the attacker with air-sea missiles and that would be it.
Bullies should be dealt with immediately, otherwise they will become more confident.
732  Economy / Gambling discussion / Re: If you quit that's when you lose! on: July 20, 2023, 02:10:13 PM
There's a popular  remark among gamblers in the part of  my country I reside. The saying is expressed like this "if you quit that's when you lose".  They use this statement to encourage and give futuristic hope to themselves that no matter how much they loss today or how many wagers they have lost they don't need to quit as it's possible you may be the next jackpot winner tomorrow. For it's like say don't quit yet there may be a light at the end of the tunnel.

This reminds me of another famous slogan by investors who say that you don't lose until you sell. With bitcoin it actually makes sens because its long term average price always goes up, so selling it is just taking a price offered at the given time, despite knowing that a year or two from that day it's going to be higher anyway. Usually, when it comes to other investments, the market price at a given time is THE PRICE and if you choose not to accept it, then your funds are effectively frozen for an unknown period of time.

I don't agree that quitting is losing. At some point we are forced to quit because we have no more money to bet. It's not our choice but the reality that we have to face.
733  Other / Politics & Society / Re: Russian Invasion of Ukraine[In Progress] on: July 19, 2023, 08:28:09 PM
^
I will be interesting to watch if the blockade is able to defend itself because missiles and drones are flying everywhere these days and some of the ships that patrol the Black Sea might end up like Moskva.

The grain transported from Ukraine don't meet the EU standards anyway. I've read they're sending us a bunch of moldy, rotten shit and we keep buying it to show support. They need money after all.
734  Bitcoin / Bitcoin Discussion / Re: Don't expect everyone to embrace Bitcoin on: July 19, 2023, 08:17:59 PM
It's obvious, like computers are not for everyone, or features like online banking. My parents never used online banking because they're old people who were used to paying cash in stores. In time they got familiar with using credit cards and ATMs but they never embraced the information age.

I feel like bitcoin is for everyone, just not in this century. 100 years from now, if bitcoin survives, everybody will understand it and find it easy to use.
735  Economy / Gambling discussion / Re: Mistake that prevented your big win. on: July 19, 2023, 07:04:52 PM
I felt so bad because I allowed greed to control my emotion. For this reason,I having decided that when ever I have an opportunity to cash out again,I will always go for it,instead of thinking that I can win all the money.

You did exactly the opposite of what stops me from winning big, because I would've taken the deal and left with $200.
I'm a cautious gambler and I rarely bet big. I don't lose big as well, but my style of gambling stops me from winning a lot of money. I always leave with a small profit, or I bet small to begin with.

As you can see there's no good way of doing this. You either go big and lose everything, or you play cautiously and win small amounts, but in my opinion your strategy of going big with no fear at least gives you a chance of winning life changing money. Mine doesn't.
736  Other / Politics & Society / Re: Russian Invasion of Ukraine[In Progress] on: July 19, 2023, 06:54:09 PM
Another dope here justifying the death of an innocent child folks ^^^ Luckily the evil russians are only staying down in a small part of ukraine and not rolling tanks all over it in response.Ukraine wouldn't last 1 day if the russians decided to go all out on it.

What tanks? Check out what they threw at Ukrainians, how many tanks they lost, how many and what type of tanks they have left. They have a lot of tanks left, but they've been neglected. Putin was cutting military budget for years and neglecting old equipment. If Russia gathered every modern tank they have from the whole country and sent it to Ukraine, they wouldn't be able to break through, partially thanks to  their own minefields.

Quote
Even the dopiest animal with a debased IQ knows the russians could level ukraine without setting foot in it.
Sure, with nuclear weapons, but that would mean genocide and a nuclear fallout going to Belarus and Poland. Even Russians aren't that dumb.
737  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 17, 2023, 04:59:12 PM
Okay, there you go Homer. The simple extension I use is copyleaks!

You shouldn't trust that site too much. Here's an example:

Some of them might know about bitcoin, and others are still learning, and one of the easier ways to learn is to get burnt.. which there were quite a few burns in 2022.. but then there were likely some of the traditional fucktwats who escaped from some of the 2022 burnings.



Either it's wrong or JJG is an AI in disguise Wink
738  Economy / Speculation / Re: Bitcoin expected volatility below 50: Sign for a bull run? on: July 17, 2023, 04:50:50 PM
At least since 2019 it seems that the BitVol never stayed that low for a long time.

It can be explain, at least partially.
First of all, there's 2 indicators that are peaking, while the BitVol is reaching all time lows. These two indicators are the number of addresses containing over 1 bitcoin.



Why is this important? Because it shows distribution. Not all of the addresses are new users, but it's very likely that the number of individuals holding a positive balance has never been this high. The more users - the less volatility.

The other important factor is the amount of bitcoin held in self-custody. FTX probably worked wonders in this matter, showing millions of people how dangerous holding money on exchanges can be.
People who hodl are less prone to panic moves and don't get easily mislead by FUD and mainstream press.
739  Other / Politics & Society / Re: Russian Invasion of Ukraine[In Progress] on: July 17, 2023, 04:38:27 PM
I guess now Ukrainians are going to wait until Russians fix the bridge and blow it up again to troll the enemy and show them the futility of their actions.

Meanwhile Russian jets continue to fall without even reaching front, this time Su-25 fall into Azov sea in Krasnodar region:
https://t.me/pdmnews/61287 Pilot died.

It's another instance where Russian pilot ejects and drowns. They should improve the systems in these jets, but then, Russians never had much regard for human life.
740  Other / Politics & Society / Re: How do you handle borrowers? on: July 14, 2023, 07:34:42 PM
I have more money that I show to my friends. I don't show off wealth, so they don't know how much I really have. Almost nobody asks me for money and if they do it's very small amounts and I give it to them.
Best thing you can do is look poorer than you really are. Believe me, you might think like you need attention, but you don't.
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 [37] 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 ... 260 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!