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May 24, 2024, 04:27:51 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
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81  Bitcoin / Bitcoin Discussion / Re: The reason why you shouldn't force someone to invest in bitcoin. on: May 05, 2024, 02:15:17 AM
Simply telling people about the benefits of bitcoin and encouraging them to invest can have its repercussions especially when dealing with friends and family. These category of people do not care to know about the risks involved in bitcoin trading and the volatility of bitcoin as an asset. Their only concern is making profits and if that doesn’t happen then they will drag you for a refund of their money. This is something you have to deal with when introducing family and friends to Bitcoin.
Total agreement with this one but encouraging is the worst offender in my opinion, someone can just stop at telling the benefits of investing in bitcoin and they'd never see those repercussions that you're talking but some people are too enthusiastic and you're right, these people don't care about the risk and the volatility of the bitcoin market because they've been in bitcoin for long that they already knew that when the price starts to go down, it's not something that will bother them because they know that the price will eventually go back up and more, but the people that they're encouraging to invest doesn't know that and they end up getting caught off guard.
82  Bitcoin / Bitcoin Discussion / Re: How to get your Dad (or Mom) to buy Bitcoin? on: May 04, 2024, 04:42:28 PM
thick walls but the point is I understand, and in my opinion there is no need to invite or force them to buy Bitcoin because what parents need to do is prepare pension security so they can pay for health insurance in hospitals and allowances so they can go on holiday to enjoy their old age. Investing is a risky thing, especially in Bitcoin so I don't recommend them putting money into it. With Bitcoin's volatility, my parents might be stressed looking at it, so the priority is preparation to enjoy old age with retirement funds.
You're not forcing them, you're convincing them to invest. Kind of like giving a pitch to get funding for your business like the show Shark Tank and Dragon's Den, that's what basically OP is trying to do in this scenario, preparing us for the scenarios by giving away the answer to the potential questions that your parents might ask, the only problem that I see in this cheat sheet is that they're all too technical to be fitted to the understanding of your parents, some of us if not all have parents that didn't grew up with a computer so they might get lost in the technical and computer jargons, and with the words that you're using for answers, it's probably a long-winded pitch which will only result with only one question being answered because they're going to ask for some of those terms that you've used, make the answers to those questions much more concise and you'd have a chance of success in your potential pitch to them.
83  Bitcoin / Bitcoin Discussion / Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do. on: May 04, 2024, 04:09:31 PM
Depending on your tolerance to risk, if you're the kind of person that easily panics, you're probably better off just accumulating and hodling that bitcoin for a guaranteed profit for the long-term, if you're not the kind of person that doesn't easily panic then you're probably going to need to check out trading because it seems to be a really good thing for you to do, just learn that you only should invest or trade what you can afford to lose, don't make the beginner mistake of having to get emotional when losses or wins come your way, probably for the best that you do some research if you really want to trade, learn the ways and the different types of analysis of the different market movements.
84  Bitcoin / Bitcoin Discussion / Re: Edward Snowden Final Warning for Bitcoin on: May 04, 2024, 03:22:11 PM
Of course we should invest with Bitcoin privacy because many times it is better to invest by watching. Many times we discuss about Bitcoin privacy in public. If Bitcoin is not accepted in our country, then it is never right for us to discuss it in front, so if we consider it from that point of view, if we can invest while maintaining the privacy of Bitcoin, it is very positive from our side. Bitcoin is a digital currency so we must invest patiently while maintaining enough privacy in that investment, we will get success through investment.
Again, the problem is as stated by @dkbit98, improved privacy means more transaction size and longer verification time so it's not viable to just put it in at a protocol level just because it's a good idea to do. There's Lightning Network which can improve your bitcoin privacy but that's not a good long-term solution. As much as I agree with you that privacy improvement is a top priority for bitcoin, it's not easy especially with such conflicting ideas from other developers, don't lose out of hope though because I'm sure that they'll find a way to do it but I hope that they do it soon.
85  Economy / Games and rounds / Re: 👑 CoinRoyale.com - Bitcoin Price Prediction - May 19 | Prize 0.001 BTC! on: May 04, 2024, 02:35:09 AM
$63,390
86  Economy / Games and rounds / Re: 🎁 HugeWin | Arsenal - Bournemouth ' May 4th ⚽ Prize $50 on: May 04, 2024, 02:33:22 AM
Time: 12'
87  Bitcoin / Bitcoin Discussion / Re: Bitcoin Halving Making Me Wonder on: May 03, 2024, 03:12:41 PM
It's just a thing that bitcoin does every 4 years to halve the blocks mined so the distribution to the miners would still be fair because there's less and less bitcoin to be mined after all these years. It's also a good thing too to make sure that the price of bitcoin will have a guarantee of going up, it's not going to make itself scarce by itself right? Big mistake what you just did though, I'm going to be sure that there's a lot of people that's going to be saying that you should've done this and that and I can't blame you, you got excited and you wanted to make profit, I just hope that it's a lesson learned for you.

I just have a request if you wouldn't mind though, can you let us see the transaction, I'm curious with the exact amount that you did pay for that particular transaction.
88  Bitcoin / Bitcoin Discussion / Re: Bitcoin could have some innovations nowaday ? BRAINSTORMING COMMENTS on: May 03, 2024, 02:15:05 PM
The only thing that matters to me right now is to make the transaction in bitcoin much cheaper and faster, I don't like waiting around and at the same time having this anxiety that my payment or the payment for me isn't going through smoothly. I know that there's Lightning Node but I'm not complaining about that, I'm complaining about the general speed of transactions on the network, there's no way that it will be a viable thing to continue on especially with the price much higher than ever, it's not a good idea that bitcoin is taking so long and the fees for doing transaction is getting more expensive whenever there's a surge in market, I want to get my bitcoin out too like any other people during the times that it's a good opportunity to sold, I think that it's a fair trade but seeing the current speed of bitcoin network, it'll probably take some time before that can happen.
89  Other / Meta / Re: How Can We Identify Someone Who Uses AI? on: May 03, 2024, 01:31:59 PM
Well, yeah, it works Smiley It works so well that Open AI itself decided to shut down its service based on their neural network, which determined whether the text was written by an AI or a human. Because they themselves admitted that today there is simply no algorithm for determining whether the text is written by an AI or a human.
The technology works, the problem is the funding and the board of the company is as retarded as it can be when it comes to choosing which direction they want the technology to go, they don't seem to know what to do so they end up collapsing from the inside. It's a sad reality that technology that could benefit the humanity will almost always perish before it can be available for public use because capitalists use them first and dismantle it as soon as they see that they're not going to make a generous amount of profit there. Of course they're going to have a hard time with identification, it would be a bad AI if it doesn't cover itself well against detection right? If that was the case, I'd be ecstatic that my project works as I intend it to be.
90  Bitcoin / Project Development / Re: Ambulance - Campaign - Ukraine on: May 03, 2024, 06:52:16 AM
Although I am a small user, I have donated as much as I can to help Ukraine. It is really a pleasure for me that I can make this small donation for the welfare of people. Anyway, if God takes me to a better stage in the future and if I have enough money, I will definitely try to donate more to any good cause. The donation I sent is currently successful and the transaction fee of Bitcoin has come down, however, I would definitely urge you all to make this project a success.
https://blockchair.com/bitcoin/transaction/332e275caa69abed1949bba5406708911f7846e302883497563dff2897003aec
It probably don't matter how small your donation is, the point is that you've given something and your intention was to help, as the saying goes, it's the thought that counts. I'm glad that I've visited this board, I will definitely donate some, I know that it will count. I'm not on my computer today so might delay the donation. The hope is to save as much lives and if that helps then it's a good thing for me.

 
Code:
https://mempool.space/tx/0bae81a6459c74f923e17edab1915a6bdf05d533e1701d0be7cd1d1927cbda6e
It's not much but I hope it helps.
91  Economy / Gambling / Re: Why not create a Gambling platform on Market narrative? on: May 02, 2024, 03:47:03 PM
Would be really good but didn't one website that was doing a signature campaign here in the forum already did it? Not sure how they're going to be popular though, @yahoo62278 already said it best, the market for what you're talking about is just too unstable and people are too quick to lose their interest on things so it's not a really safe or good business model. I'd rather stick to the conventional prediction games rather than do this where the odds of success is much lower than that of an established game. It's also difficult to make money consistently on such a platform because with too many factors to consider, you're better off just doing eenie meenie or coin flip to choose which one's the right one to bet on.
92  Economy / Gambling / Re: 1XBIT.COM ᐉ 7 BTC WB ᐉ Altcoin Betting ᐉ no KYC ᕗ Instant payouts on: May 02, 2024, 02:17:34 PM
You are correct. Research has shown that both 1xbit and 1xbet are based out of Russia(Land of Hackers) which is primarily why it's not been easy to shut them down completely.

It's a scam conglomerate basically. What else can you expect from a country governed by a scammer(Putin)?
Didn't believe the rumors but I guess that's the truth, sometimes this just the case. You don't expect much, remember that Putin is at war and we all know that Kremlin is operating or at the least greenlighting hacker groups in their country to attack other country's different infrastructures because there's money in disrupting their stuff and if you have the capability to make it happen, why wouldn't you abuse it right. I got to say though, I'm utterly surprised by the fact that they're the same. 1xbet is heavily promoted by streamers and other social media influencers in my country so I'm a bit flabbergasted that these people don't have the principle to decline their offer of promoting this scammer casino, I easily lose respect when streamers do this, yes it's money and we all need it but you still need to have some principles man.
93  Economy / Gambling discussion / Re: cash out or let it ride? on: May 02, 2024, 12:26:31 PM
Probably just go for cashing out, there's no way that you're going to not regret holding out to the very end when you know that there's an opportunity for you to get out but you didn't take it, it's all up to you though, are you the kind of madman that wants to take the risk for a bigger win or you want to play it safe and think for yourself that you've got so far already that it's not a bad idea to get out now. Remember that you can do 40 more parlays if you cash out now compared to losing everything. I hope you do whatever is the best for you, it's your money after all, just choose if you want to celebrate or reminisce, the latter being the saddest one because there's regret in it too and all the could've been scenarios with it.
94  Economy / Gambling / Re: More revelations on the challenges of physical casinos on: May 02, 2024, 11:18:02 AM
The case that you mentioned is weird as hell op since simple CCTV footage would have solved the entire situation then and there itself. If they didn't have CCTVs, they are not reliable at all in my opinion.

Also, both physical and digital casinos have their own set of pros and cons which is why it all comes to individual preference at the end of the day.
Exactly, and it's weird that a casino doesn't have that as part of their security in there, you would think that they don't want other people to be messing with them so they want to make sure that they can see what everyone's doing right? That's a bit on the incompetent on their side. If travelling all over the world is a thing that every human has a right, card counters and gambling cheaters would be flocking in that casino because no one's going to make them prove that they're in fact  cheating there.

As much as we all like to praise online gambling, the convenience that it gave led us to more people getting introduced to gambling, people that you don't want to be gambling in the first place because you know that they're going to be addicted, at least in a physical casino, you have the limitations that not others can enter or access them easily but now, even those with as low as $10 can gamble away their money at the comfort of their own home.
95  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: 1xbit violated self exclusion terms, do not want to help on: May 02, 2024, 10:18:14 AM
Not a surprise, they've been scamming people for a really long time here and others just don't get it and they're still using this website to gamble when there's a lot that would be more legitimate than 1xbit, they're a scummy website that will take the first opportunity to scam you without any hesitation. It's high time to remind everyone here especially the newbies about the dangers of playing in that online casino. It's a crook's den.
96  Economy / Games and rounds / Re: 🎁 HugeWin | Man United - Arsenal ' 12 May ⚽ Prize $50 on: May 02, 2024, 09:10:19 AM
Time: 15'
97  Economy / Games and rounds / Re: 🚩 Blackjack.Fun | BTC Price Prediction ' May 12 | WIN $50! on: May 02, 2024, 09:09:27 AM
$60,800
98  Economy / Speculation / Re: Is Hong Kong Bitcoin ETF Responsible for Recent Bear on: May 01, 2024, 03:09:39 PM
Only thing I can say about this is that it's really weird that this is what's happening when ETF approval is supposed to be a good thing for the bitcoin market so I don't know if it's because of the Hongkong ETF that's lead to this, it's not a negative factor for the market right? So how come it's the cause of the decline in prices? @TravelMug might be right, this is a whale move to make sure that they're making the most money as much as possible, I just hope that retail investors don't end up having to get taken away by the waves created by these whales.
99  Economy / Speculation / Re: Inflation and Bitcoin's Potential Impact on: May 01, 2024, 02:31:30 PM
Bitcoin's not that giving out a significant impact to the inflation of many countries because if it did, we would've known about it and economists all over the world would be talking about it, the problem is that bitcoin investors and hodlers don't make up a large percentage of the population of the world so even if there's a million of us, there's really not a lot of things that we can contribute to the reduction of inflation of our respective countries, maybe the best thing that we could've done about all of this is that we aren't always zero balance because we're hodling bitcoin.
100  Economy / Speculation / Re: Now is the best time to buy the dip and HODL on: May 01, 2024, 12:51:45 PM
Or better yet, wait it out even more because that dip's definitely not the last one that's going to happen, and you don't want to be buying at the start of this kind of thing, you don't want to be in constant anxiety about your money being on the limbo because you've bought at the wrong time and you are waiting it out to go back up again to sell at a profit when you could've waited a bit longer so you can buy yourself even more bitcoin at a much cheaper price. Just continue doing the usual DCA and don't give in to pressure of buying a lot in a short span of time or you'll only get disappointed.
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