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741  Bitcoin / Bitcoin Discussion / Re: How to keep safe the mnemonic phrase - Whats Your method? on: October 12, 2023, 05:41:25 AM
I have two methods :

I have laminated pieces of paper stored in secret places that are safe against theft and natural disasters. (high and dry and capsuled) AND I encrypted the phrases and split them up and stored them in online storage. (Only people close to me, will be able to decrypt the riddle I encrypted) ....and I left clues to it's location.

We decided to take the responsibility of storing our wealth on our own, so it is our responsibility to keep it safe. (We live in times of war and natural disasters, so we should step up and adapt to the changing times)  Wink
742  Bitcoin / Bitcoin Discussion / Re: Do you ever feel tired of waiting? on: October 12, 2023, 05:31:33 AM
We all accepted that Bitcoin is a long-term investment, if you decide to hodl it. So, you cannot expect it to deliver within a year or two of you buying those bitcoins.

There were times where I waited 3 to 4 years for Bitcoin to recover to the price where I bought it at and then it suddenly shot up in price, giving me 800% profit.... so it will reward the strong hands.  Cool

Just buy and forget about it..... and when the price goes to the new all-time-high (ATH) .....reap the rewards.  Grin
743  Economy / Economics / Re: It doesn't increase purchasing power on: October 11, 2023, 06:30:49 AM
In what fantasy world are you living, where Banks will be profitable by giving interest free loans? That business model will destroy the Banking system and the world economy, because Banks cannot operate without some interest being paid on loans.  Tongue

The problem is..... most interest charged by Banks and financial institutions are way too high and people are pushed into long-term debt as a result of that. Also, non-payment of the debt is also profitable for these Banks, because assets are repossessed and sold for a profit. (Debt has become a commodity that are sold to debt collectors... so Banks and other financial businesses are still profiting from the non-payment of these loans)  Roll Eyes

744  Economy / Gambling discussion / Re: Relying on gamble wins is dangerous to mental health on: October 11, 2023, 06:16:40 AM
This is typical human behavior and not mental issues....

People are greedy by nature.... they want to win big and when they do, they want this to continue... and it seldom happens. A lot of people get gambler regret, where you bet a small amount and you win something big, but you still regret not betting a higher amount... thinking that the win would have been so much bigger.  Roll Eyes

People should not take gambling too serious..... just have fun and see it as entertainment.  Grin
745  Economy / Gambling discussion / Re: Winning Wisely: Strategies to Protect Your Bankroll on: October 11, 2023, 05:59:42 AM
Thank goodness you don't have any PDF links in there given that you can use those to hack into people's computers without them knowing a thing or two about it. Also, it's kind of hard to believe on what you're saying OP given that you have a flag on your account and most of the advice that you've listed are all just basic knowledge and common sense so there's nothing original is in there.

The flag on his account is typically for mistakes that he or she made, when he was a newbie on this forum. He PM spammed people with casino affiliate links and asking for loans. (Anyone want to confirm, if he or she is still doing it with that shortened link in the signature)?

I hope he or she learned from those mistakes and that he or she will be posting constructive posts on this forum. I believe in giving people second chances, so let's see if Franky's positive comments are true or not.

The posts looks like it was created by AI, so it might be better if OP linked to the source to verify it.  Wink
746  Bitcoin / Bitcoin Discussion / Re: Someone inscribed the War Logs of Wikileaks into BTC on: October 11, 2023, 05:43:20 AM
I do not see the need for people to inscribe this into the Blockchain, because the information is already out there and it was discussed in detail all over the world.  Roll Eyes 

This is just causing a lot of congestion on the Blockchain and an increase in the transaction fees that needs to be paid to confirm it. There are also several copies of these documents stored offline, due to the sensitivity of this matter.. (people know government agencies will try to block it online)   Roll Eyes
747  Bitcoin / Bitcoin Discussion / Re: 9 years ago today, an epic battle played out on bitcoin exchanges. on: October 11, 2023, 05:32:20 AM
I think he tried to manipulate the Bitcoin price and it failed..... he dumped a lot of coins on a single exchange and he wanted the price to drop, so that he can buy it back at a lower price... but something happened and the price did not drop significantly.

Yes, there was a lot of FUD back then and people were hashing it out on social media platforms, but he is just using that as an excuse now. I reckon he lost a lot of money, but he got back in and shrugged off those losses.  Tongue
748  Bitcoin / Press / Re: [2023-10-04] The Economist: Did bitcoin leak from an American spy lab? on: October 10, 2023, 08:08:10 AM
Well, it surely will make sense.... but why would a government agency include the paper clipping of the Bank bailout in the Genesis block? It can be possible that it might be a disgruntled government employee and that the news paper title could just be a diversion.  Huh

It is well known that Secure Hash Algorithm was designed by the US National Security Agency (NSA) and that is part of the Bitcoin clockwork.. so it is not unlikely that they created Bitcoin too.  Grin
749  Economy / Economics / Re: Bitcoin Is Better Than Digital Gold on: October 10, 2023, 07:58:23 AM
I think both of them have their advantages and disadvantage....

1. Bitcoin is decentralized (So there is not a single point of failure, in the event of an attack)
2. Digital Gold is centralized, so it is a good target for hackers and/or war mongers.
3. Bitcoin have a fixed supply (This cannot be changed without consensus)
4. Gold supply is unknown and Gold audits are not verified by independent entities. (Do they test every Gold bar in every vault?)
5. Most countries accept Gold and it's legal... some countries banned Bitcoin.

In any way..... both of them are perceived as a good store of value.... and that is all that matters.   Cheesy
750  Economy / Gambling discussion / Re: Online Casino Crypto gambling on: October 10, 2023, 07:34:20 AM
All the Slot games and some of the original in-house games work with a client seed and a server seed and a RNG (Random Number Generator) ..so there should not be any skills involved to make you win more. It is all random and every bet stand on it's own, based on the combination of the above mix of things.

Sport betting is different, because "knowledge" about the Sport... will give you the edge over other gamblers. If you do some proper research, then you can be more successful than other people. (Knowing if there were any injuries to key players / knowing pitch conditions and weather patterns etc...)  Wink

In the end.... it is all about luck.
751  Economy / Gambling discussion / Re: Winning Wisely: Strategies to Protect Your Bankroll on: October 10, 2023, 06:58:33 AM
If all bets are unique and random, gamblers should not be able to get long losing streaks and then bet, based on that pattern. The outcome of bets are determined by a client seed and a server seed and the RNG... so there should not be any clear pattern.

The number #1 rule should be not to look for patterns and the number #2 rule should be not to chase losses. Stay calm, wait for the RTP to payout and just hope you are lucky enough that it is a big one.  Grin
752  Bitcoin / Bitcoin Discussion / Re: What can happen next time due to a lack of proper knowledge about Bitcoin? on: October 10, 2023, 05:25:29 AM
The Banking system have failed the people in so many ways, it is about time that there are some payback for them. In the previous economic crisis, Banks were bailed out by tax payers money and we just had to take it up the a$$.

A lot of industries have been disrupted by newer technologies and they just had to adapt or die... so the Banks just have to do the same. Let's forget about them, like they forgot about us.. when they harmed us.
753  Bitcoin / Project Development / Re: Introducing: blockdyor on: October 09, 2023, 07:41:02 AM
I actually like your site and the content that you provide, because the articles are detailed and it contains some good information. Most of the other sites are just a re-hash of previous articles that are posted from other people's blogs or some AI generated content.

I like it when Bitcoin Blogs provide services that can be paid for with Bitcoin (like the one on the VPN) ... because I think sites like this should explore the opportunities for people to actually use their Bitcoin and not just to hoard it.  Roll Eyes

Job well done!
754  Economy / Gambling discussion / Re: They know the truth but they don't want to accept it, publicly on: October 09, 2023, 07:32:09 AM
There are a difference when you are playing to make money to gamble longer for fun .... and when you are gambling to hit that big jackpot to make a profit. A gambler that are playing for entertainment, knows that they they are going to lose all their money and they are good with that, because they have an entertainment budget that they can lose.

It is like you spending money from your entertainment budget to go watch movies.... you do not care for the money that you spend on the tickets, because you enjoyed the movie.  Cheesy
755  Economy / Gambling / Re: My best SPORTSBETTING advices! ⚽️ on: October 09, 2023, 07:03:59 AM
The thing with me and Sports betting is this... I will keep good discipline with my single bets and I will rack up a few good wins and then I start getting greedy. Once I have made a little profit, I will start going with bets with higher odds (betting on a draw) and I will lose those bets and cancel out all the winnings that I received.  Tongue

I will build small and then I will lose one "greedy" bet and lose hope... when I lose all my previous profit. You then go into a "recovery" mode to try and recover your losses and you start betting higher amounts.... and you lose that.  Tongue
756  Economy / Economics / Re: What US can do with its dept? Genuine question. on: October 09, 2023, 06:52:15 AM
I think the US foreign affairs, should start with cost containment on decisions to fund "external" wars or to deploy US troops in foreign nations. Their primary concern should be to focus all funding on the war on debt.  Roll Eyes

They should also hire independent private companies to audit all government tenders, because the prices for these tenders are inflated and US tax payers are paying a premium for goods and services that are rendered to the government.

They should also reduce non essential projects that are not necessary for the effective rendering of government services.   Wink
757  Bitcoin / Bitcoin Discussion / Re: In Case of Global Conflict, Is BTC The Best Alternative? on: October 09, 2023, 05:32:45 AM
Well, let's look at it from a WAR angle and then decide if it is a good currency or a good store of value. During a war, countries destroy each others communication capabilities (Example Cellphone towers / Internet cables etc).... so citizens will not be able to use the Internet to access the blockchain, making Bitcoin payments almost impossible.

On the other hand.... storing your coins in the Blockchain... might save it from total destruction.... when buildings and Banks are destroyed. Your personal belongings like gems and precious metals might be raided or stolen, where you can easily store an encrypted Private key online or buried in a waterproof container, where you can retrieve it after the war.  Wink
758  Economy / Gambling discussion / Re: Some Popular Themes for Online Slot on: October 08, 2023, 02:37:47 PM
I have a weak spot for any Slot with some "treasure hunt" or "Gold" theme.... and I can play them for hours.  Wink  ..... games like Gold Rush from Pragmatic Play or "Treasure Pirates" from Relax gaming.

The Slot theme for me is the make or break for any game I play.... I avoid all games with fruit themes.  Tongue In the end it is all about the fun.. and it should be entertaining.  Wink
759  Economy / Gambling / Re: Stake.com - The Leading Crypto Casino - Drake, UFC, Everton, Alfa Romeo F1 Team on: October 08, 2023, 02:16:12 PM
-snip-
Well, i have to agree with you with all honesty, personally, I am not even a fan of sitting down in one place just for the sake of watching a stream, but if i do manage to, i cant sit more than one hour, one hour is actually the max, i like streams when they are short, like 30 to 45 minutes, if long, then it has to be one hour max, anything above that, i will have to leave and focus on having other important things done, where i live, time is money.

Three whole hours on a one stream is too long to be honest, I cant sit through that, not matter how interesting what is being discussed is.

Anyways, I guess their are people who really have that much time to spend on watching, for me, its a no no.

You are free to decide how long you want to watch the stream as you wish, no one forced you to watch the whole stream 2-3 hours for nothing.
If the main purpose to hunt the bonus drop, simply follow rainstream telegram channel to grab the codes without watching the stream for hours.
Eddie is free to do what he wants as well in the stream, how long he want to run the stream every weekend because it is his own program.
But if you want to watch it and there is a time when you think it is not interesting to watch, simply skip it and come back later or simple close it, as simple as that.
Yes, it can be done, especially if we have more important and unmissable activities such as work. It's also not wise to spend time watching streaming, while we ignore work that should be a priority.
Now it's true that if our goal is to watch streaming because we want a bonus, then we can also get it on the telegram channel. Moreover, there is no compulsion in watching streaming. For those who have more free time, there is nothing wrong with watching streaming.

A lot of people have to stay awake to watch this Eddie stream (imagine living in some places and it starts at 2'o clock in the morning) ...so the duration is important.

Some of my friends in other countries spend most of their Saturday, watching the stream.... when weekends are used for tasks that you cannot do in the week. (Going to the shops / gardening / Tasks around the house... etc.)  Tongue
760  Bitcoin / Bitcoin Discussion / Re: I recently convinced my employer to start paying me in BTC, it has been great on: October 08, 2023, 01:56:11 PM
We also convinced my employer to convert some Fiat to Bitcoin and pay a portion of our salary in Bitcoin (BTC) .... and we love it. We gave them a fixed percentage (the amount we would have converted) ...and it goes directly into our wallets.  Grin

We are also lucky to have some local food merchants that accepts Bitcoin payments, so we can spend some of those bitcoins on lunch and drinks. Our Bitcoin meetups are also held in a local Pub, so we convinced the pub to also accept Bitcoin (LN Network) ..so we pay for all our drinks with Bitcoin.  Wink
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