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721  Economy / Speculation / Re: What did you think will happen to Bitcoin before January? on: November 24, 2023, 10:39:05 PM
What's specific with before January for Bitcoin? ETF approval or what we do really have? It's the same question that we're getting about from the other threads of what was going to happen to Bitcoin on specific months.

Come on, we don't know what shall happen but we're all just speculating and predicting based on the sentiments of the market and the news that we're gathering.

If the good news are coming then mostly it will add more positive impact to halving which is estimately to happen by April of 2024.
722  Economy / Gambling discussion / Re: Slot games are a waste of time and money (most of the time) on: November 24, 2023, 09:14:27 PM
It's fun while it lasts.  Grin

Well, we have different opinions about the game especially when we're happy and winning and also, when we're disappointed and losing.

It's fun, not a waste of time and resources when we're winning. But when we're losing then we have the same opinion that it's not really fun and just a waste of time and money.

I guess it all lies down to the results that we're having pertaining in playing the slots or any games that we like at first and then loses our interest when something good isn't coming.
I think you really do make sense, and I agree with you though. But again, understand that, in as much as I don't usually win constantly on sports betting, I really will never say or have this same opinion for sports betting, and it's not because I win it constantly, like I said before, but rather, it's because in sports betting, the game gives a gambler this feeling that he or she, and his or her knowledge in sports are in control of his or her winning or loses, so here, we don't really blame anyone if we lose, but rather blame ourselves for not being able to correctly guess the outcome of the game.

But in slot, the feeling is different, due to a constant loses and very few winnings, some time, I do feel that slot games are not fair on gamblers, even when casinos advertise this games to be completely and probably fair.
That's part of the marketing that they're telling that it's fair and will even say that you can verify your games if they've got seeds of it for proof. But most of these luck based games including the slots are totally programmed to make the house wins.

And the thing is, even if we all knew that they're programmed like that. We are still curious to gamble and play on it and keep going until it's no longer fun and yeah, that's because we're losing on it.

Unlike the games like sports betting, poker and other the same games that requires you to analyze. The feeling of playing them is truly different even if you go on a losing streak.
723  Economy / Gambling discussion / Re: Slot games are a waste of time and money (most of the time) on: November 24, 2023, 07:38:46 PM
It's fun while it lasts.  Grin

Well, we have different opinions about the game especially when we're happy and winning and also, when we're disappointed and losing.

It's fun, not a waste of time and resources when we're winning. But when we're losing then we have the same opinion that it's not really fun and just a waste of time and money.

I guess it all lies down to the results that we're having pertaining in playing the slots or any games that we like at first and then loses our interest when something good isn't coming.
724  Alternate cryptocurrencies / Altcoin Discussion / Re: So we got new CEO of Binance on: November 24, 2023, 05:59:15 PM
I also believe nothing bad will happen to the exchange. They have been doing well so far and that's all we want. Also, they have been transparent enough. Although, I don't use it cos I like to buy coins before it started trading there. But I respect the Exchange and the previous
Give the guy a chance.

He's still new and the boards are even trusting for appointing him as the CEO. He has got the experience that made him qualify for the position.

They're doing good. What's not good is the people's thought that they think the new appointed guy is going to fail. He might not be the same as good as CZ but there's a clear approval from CZ and their boards to appoint him.
725  Economy / Gambling discussion / Re: Do you believe in psychic betting? on: November 23, 2023, 11:27:09 PM
That's a tricky question. Because I have no idea whether to believe it or not or I'm in between and let the quote says about seeing and believing.

If there are real psychics that has their various forms to predict the outcome of the game, I think that we should also see them do well in having a psychic trading with the crypto market.

That makes sense right? Because if they can do that in gambling, it's likely that it can also be applied to crypto trading and make themselves rich. But are there stories like this that have proven to be real in real life and made themselves wealthy?
726  Economy / Economics / Re: Insurance is important on: November 23, 2023, 09:29:17 PM
Yes that's right. Insurance is important, especially as health insurance is an investment in your future health. It's just that perhaps what @Bayu7adi said was not the essence of insurance but rather the technical problem, not the insurance savings. but ensuring that insurance claims run smoothly, indeed insurance is important, but if claims are difficult, people will be reluctant to rely on insurance. Maybe this is what you need to pay attention to before entering into insurance, choose insurance that has truly been tested for its services.

So it makes people more open minded, because insurance is not only for themselves but for their loved ones too. Nowadays, insurance is really needed, especially for health. For those of you whose parents are older, you will definitely feel the pain, whether it's a mild illness or one that requires regular check-ups. My family and I have insurance.
That's advance thinking when people haven't bought yet an insurance and they're thinking that claims is difficult to do. You haven't got it yet and then you don't know how to claim yet but you're already thinking of it something difficult. This depends on the company and agent where you bought that policy.

There are people that think like that as if they have already insurance, they only listen to bad stories but not to the good ones where insurance has helped someone's family successfully.

If that's what most people say, I think these people feel arrogant and think they are always healthy because every human being will definitely get sick.
In my opinion, health insurance is very important to take care of when you are sick, because you can't know when it will come, and what we need to know is. That every year health costs will definitely increase, and no one can guarantee that we will always be healthy, even though we feel like we are always healthy, in the long term we will remain healthy and this is something we must anticipate. And if you don't have health insurance, if you are sick, and don't have an emergency fund, who else do you turn to for help especially if the amount is large.
It's okay, they're not arrogant, they just don't feel that they need it now and they are not yet educated about what's the use of it.

Also, they haven't experience yet the unexpected. Thus, they say that don't need it but that's fine because we're dealing with different situations.

Yes, we don't want to wait for our health to go bad before we get an insurance as we are not yet qualified for its benefits. It's going to be a wrong decision that we can get regret because we are now going to pay more for our health to recover. If only we avail an insurance at an earlier time, that would have been prevented. I'm not referring to the health condition but to the excess spending. This is only the same to a car insurance. I think each car owner has it.

So if they have it, then why not do the same for our health, when it was more important than any material things? And we are more fragile or prone to illness because we use our body and mind every day to work.
The oldies that haven't taken insurance and when they're on the bad situation and in sick, they think that's the best time to get insurance. They're wrong because the rules about getting a policy is when you are healthy or if they're allowed, it should be premium and more expensive on their state.
727  Economy / Gambling discussion / Re: Ever heard about financing a gambler? on: November 23, 2023, 01:31:46 PM
Nothing make sense in the world of gambling to be honest with you. Everyone play, become addicted, or have some fun, but still they are going to lose money in the end. And so if someone approaches me with that kind of proposal, I wouldn't accept it. I will try to reason out that it's not a good thing to do and besides I don't have money or extra in my pocket.

Just make sure that you explain it in a nice way and don't be rude as he might take it negative. And if ever I had the money, I still wouldn't lend some even if the proposal is good, like I will have the big percentage of the cut, but still though, he will not shell out money and you will, and then the risk involved.
You will even feel some kind of regret if the money that's on your hand and was given to support or finance you losses. I don't want to receive money as well when someone approaches me that way about financing me with gambling or even with any investments.

I don't have that confidence of touching people's money even if they're going to give me permission. It's because I have that belief that if it's not my hard earned money, I should keep it off my hands.

We all know that in gambling, no one is going to win in the end.
There is, the house.  Cheesy
728  Economy / Economics / Re: Insurance is important on: November 23, 2023, 11:48:37 AM
Other than health insurance is not essential for me because, as long as I'm healthy, I can do many things.
This is what most of the people says when the topic is all about health insurance. Because we're still strong and healthy, we can do a lot of things and we're safe from being sick.

But it's not the whole point. When you take an insurance, it's also giving you the peace of mind that any unfortunate scenario that can happen to us while we're healthy is covered and protected.

That's the whole point about being insured. You don't know what might happen tomorrow or within the next seconds of your life.
729  Bitcoin / Bitcoin Discussion / Re: They accumulate bitcoin but how about you? on: November 23, 2023, 09:50:50 AM
I wouldn't compare myself to those big institutions and companies that holds a lot of Bitcoin. But I get the point that it's all about getting and accumulating more Bitcoin.

It's not just because they're a corporation but because they know that there's something big that's about to come.

The bull run, the value of Bitcoin, it's potential and everything about it. They recognize that someday it's going to be bigger than what we're imagining.
makes sense.
I am sure that many people also do the same thing, namely accumulating Bitcoin for certain purposes. However, the difference may be in several things, such as:
- the amount he invested
- the investment period
- the target
What is clear is that when we try to invest in Bitcoin, that is also good and worth it for us, especially if we can achieve our target for this investment without any disruption along the way. because sometimes, even though we have tried to set aside free money for our investments, we will not know what will happen to us someday which may make us forced to take profits before the target time.
We're all accumulating Bitcoin for the same purpose and that is to profit from it. We don't know how long we may be able to hold until we reach the time of selling but it's true that we're investing because we know that it's worth it for us.

That is the reason why people copying the institutions for investing because they know something that we don't know.

And from that moment that you've seen do things like buying certain assets, we just have to think of it on what they are up to and why they choose to do that.
730  Bitcoin / Bitcoin Discussion / Re: They accumulate bitcoin but how about you? on: November 22, 2023, 11:51:37 PM
I wouldn't compare myself to those big institutions and companies that holds a lot of Bitcoin. But I get the point that it's all about getting and accumulating more Bitcoin.

It's not just because they're a corporation but because they know that there's something big that's about to come.

The bull run, the value of Bitcoin, it's potential and everything about it. They recognize that someday it's going to be bigger than what we're imagining.
731  Economy / Gambling discussion / Re: Two Carreer skill benefit of gambling on: November 22, 2023, 08:12:08 PM
Speaking from my own experiences, handling those betting risks forced me to make choices under some serious pressure.  Shockingly, that skill seems applicable in all kinds of situations. 
Dude, you just made me remember about the things like "working under pressure" which we're experiencing in gambling too. We bet, we take risk and we become pressure.

And you're right that it's applicable in many aspects of our lives and situations.

Also, keeping my cool with money on the line - a common theme when you gamble - has really helped me stay composed when work gets stressful. So, yeah! Gambling can actually teach some useful life skills, despite its risky nature.
A lot of things is being taught to us by gambling but many don't seem to look at that part because they're only thinking about, gamblers are bad people. We don't learn, we lose money and after that comes with nothing.
732  Economy / Gambling discussion / Re: When does the moment come when the gambler loses control? on: November 22, 2023, 06:59:09 PM
That is why they gamblers are always greedy when they get a win and never feel enough with what they have managed to get, instead of getting a bigger win but what happens is unexpected, yes all their initial winnings are back up and there is no other feeling they feel except regret. And also when they lose, they will be curious and continue to re-deposit with the intention as you mentioned above, like struggling to catch up with defeat with the aim of chasing a break-even point that never ends.
That's what chasing of losses is.

Most gamblers do that because they are looking at the part that they can make more money and if they're successful with that, they forget to secure their profits and do more as they think that there's so much more to do.

After that, when they lose everything and can't do that much anymore. That's where they realize that they should have never touched their profits and should have been contented on that when they're still on a winning streak.

So in essence there is nothing better they can do except trying to apply a lot of restrictions or even stop, that's better.
Even so, because those restrictions will be forgotten later on.
733  Economy / Economics / Re: #HODLing is not a smooth journey on: November 22, 2023, 05:48:07 PM
That's a known meme that I've seen before about "your plan and God's plan".

But speaking of holding, we have various experience if it's about it. It's easy for me and to some that have dealt with so much difficulty in different investments and assets that are also as volatile as Bitcoin.

While for the beginners, it's going to be looking like that they're hard at all because they lack experience on it.

If we're going to compare holding and trading, it's obviously harder to trade. And from there, you choose what's hard for you.
Holding definitely gets easier the more time you do it, not only because you learn a lot along the way which allows you to take better decisions and to not be as easily influenced by the market and it movements, but also because as the price of your assets goes up, a big correction or even a crash is not enough to put you in the red, and when you know that no matter what the market throws at your direction you can still make money, then at that point holding your coins becomes way easier.
Yeah. It becomes easy when you're already there and no matter is the situation of the market, it won't be painful to you because your goal is not to look at the short term process but the long term.

The strongest hands remains the same for the long term holding because it's more encouraging to do it. The longer you're holding, the more experience and stronger emotion that you learn.

It's true that even there's a crash, you might be in red but it's not enough to put your feelings down.
734  Economy / Economics / Re: #HODLing is not a smooth journey on: November 21, 2023, 10:30:19 PM
That's a known meme that I've seen before about "your plan and God's plan".

But speaking of holding, we have various experience if it's about it. It's easy for me and to some that have dealt with so much difficulty in different investments and assets that are also as volatile as Bitcoin.

While for the beginners, it's going to be looking like that they're hard at all because they lack experience on it.

If we're going to compare holding and trading, it's obviously harder to trade. And from there, you choose what's hard for you.
735  Economy / Gambling discussion / Re: Have You At Any Point In Time Blame Who Taught Or Led You To Gambling? on: November 21, 2023, 09:06:52 PM
Voting for many votes NO.

This means that many people who gamble are not based on others or their invitation is purely because of their own will so they do it, as for other people inviting while first you don't know what should be able to refuse before you start addicted, but I know it's hard to do that but I myself have no one else to teach so I never blame anyone.
It's because that we know that we should be accountable for our actions. If the time comes that you're thinking of the person led you to gamble should be blamed. We've got freedom and free will to follow what's introduced to us.

And like what everyone is aware of gambling, we're all in it to have some risk and no matter what the result is. It is our fault.

Whether it's a good or bad result, we're the ones to spin the roulette and roll the dice and bet with the games that we've been gambling. The person who introduced us have nothing to do with it.
736  Economy / Gambling discussion / Re: Would You Crowdfund for a Gambler Who Has Gambled Irresponsibly? on: November 21, 2023, 07:48:36 PM
BIG NO.

Why? There is a big chance that even they say that crowdfunding is for a big project. It can turns out that it is for their gambling addiction and sustenance.

You know that addicted gamblers can go to that point of their lives that they are desperate and will even tell a lie to the people that they've known for years just for them to have that reasoning to gather funds to gamble again.

This is the sad truth with addiction, you'd do anything for it.
737  Alternate cryptocurrencies / Altcoin Discussion / Re: Altcoins Also faces Congestion? on: November 21, 2023, 10:32:09 AM
That is right.

In fact, there is lightning network that is already implemented long time ago. But it just needs more recognization as many bitcoiners still dont know how to use one.

It is fast and with minimal fees too. But the first ideal thing about it is that it is mostly used for smaller transactions. I am not updated on it as well but if the majority starts to use it, adoption and recognition will be much bigger.

I believe if crypto exchanges will integrate lightning network, surely it will add adoption.
Most crypto users don't have the familiarity to use the LN network, hence, they are hesitant to touch this route.
And with the rising fees in the btc network these days, no surprise that some people will opt for other popular cheaper alts like TRX, XRP, LTC and others.
It has been more than a week that we have this congestion and high fees since the start of btc price increase, so yes, this will halt the usage of btc in terms of payment method.

Yes, those that have you mentioned are cheap in fees and they are the first ones that comes to someone's mind when they want to do transactions and try to avoid high fees in Bitcoin.

It is possible that some known exchanges should initiate the support of it for everyone to see that there is this called Bitcoin Lightning Network for everyone to use.
738  Alternate cryptocurrencies / Altcoin Discussion / Re: Altcoins Also faces Congestion? on: November 20, 2023, 11:05:34 PM
There are alternative coins which provides fixes to the known issues in BTC, but it does not mean that BTC devs are not acting to solve them. In fact they also have done a lot of fixes and additions to BTC. And some of them are effective. A lot of people are still using them up until now, especially when the main chain/network of BTC is clogged up.
That is right.

In fact, there is lightning network that is already implemented long time ago. But it just needs more recognization as many bitcoiners still dont know how to use one.

It is fast and with minimal fees too. But the first ideal thing about it is that it is mostly used for smaller transactions. I am not updated on it as well but if the majority starts to use it, adoption and recognition will be much bigger.
739  Bitcoin / Bitcoin Discussion / Re: Bitcoin vs Altcoins on: November 20, 2023, 09:04:03 PM
~snip~
Why isn't it about Bitcoin's

the title is BTC vs altcoin's

So it is at least 50% BTC and since BTC is more than 50% of the market cap I think 54-56% it is mostly about btc.
It's because the same of the older topics that I have seen moved in the altcoin discussions. But it is staying here so I guess mod have already decided to keep it here on this section.

Not all altcoins are pump and dump token, many do really have real world use cases while some have perculiar function they perform I their ecosystem.
That's true that many of these altcoins are not the typical ones that we know of. It's okay to be a Bitcoin maximalist and we're all agreeing with any argument that will be with against altcoins. I am for the tip to say for the newbies to invest only in Bitcoin first and if they want to continue going on and want some alts, they should never stop learning and researching.
740  Economy / Gambling discussion / Re: Health Benefits of Gambling on: November 20, 2023, 07:58:41 PM
Yeah, gambling can be a quick escape from stress.  The thrill gives your mind a break from things for a bit.  But you're right, it's a short-term bandaid.  Making it a habit usually piles on more problems down the road instead of actually reducing stress over time.
True.

When you pin on it as your temporary solution as your escape from stress. You'll have it on your mind that it is only going to be your only way of removing it.

And then you'll have to do it as much as you can until you won't notice that you're making another problem in the form of it.

Some folks also say that the strategic thinking you use in certain games can actually be mentally stimulating.  They think gambling, if you don't go overboard, can really sharpen your decision-making skills.  It's kind of like giving your brain a workout, you know? But of course balance is key with anything.  If you go too hard in one direction, things can easily get out of whack.
There are other activities that you can do if they think like that and if that's their only way to stimulate their minds.

And I agree, that everyone needs to balance everything for their own sake.
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