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81  Economy / Speculation / Re: BitcoinETF approval will possibly cause much bigger jump than most people expect on: January 02, 2024, 11:53:04 PM
Got goosebumps when you've said that it can be out of our expected jump. I was just thinking of little bump for Bitcoin price that was failed to meet on the last bull run and yes, that's $100k. So it's interesting on how these giants can do to make the demand higher. They're not just simple players that we're having and if approved, this is no longer all about speculative market because they're in as well. I think that there will be that much change on the market when the ETF is approved and they've got a green signal from the SEC.

Most of what were lacking on previous ETFs are already fulfilled by recent applications
I agree. Most of them if given the approval, should give it credits to the past ones that have been rejected like with VanEck and SolidX.

I hope people are not expecting too much about this upcoming event, if in case this one goes thru.
Because being conservative won't give you too much trouble if your target price won't actually be realized.
But do remember, with or without ETF, the adoption is ongoing and further growing in numbers.
So should not be very reliant on this event whether you will invest on this market or not.
82  Economy / Gambling discussion / Re: Do you care about what people say about you gambling? on: January 02, 2024, 09:17:21 PM
I do not give a fuck about anyone. But most of my gambling activities are online and in a way most people in public do not even know that I am gambling. Just my friends and people that are very close to me are the ones that know that I am gambling. But if they see me on a land based casino or betting agent shop, they do not give me money and I do not care about their opinion if not in support of gambling.

That's the spirit and that is actually true. There's no reason for them to bother you on your gambling activities.
It is your money and it is your prerogative to gamble. They should worry if you are spending their money but if not, mind their own business.
And if you are in a land-based casino, you are there to enjoy and have fun. So for me, it is okay if they see you inside, so long you are not dancing naked on top of the table and drunk you have no idea what's going on with reality.
83  Alternate cryptocurrencies / Altcoin Discussion / Re: The Last hack of the year 2023 on: January 02, 2024, 08:32:22 PM
Major hacks in the cryptocurrency ecosystem space are popular in the forum every year but I didn't hear this one from the main boards. Or is it because the hack is for altcoin? The amount they hacked form the company [Orbit] is very big. I don't know why ball this cryptocurrency companies are careless about their website security. If you are dealing with a financial services in the internet, you have to more proactive to secure your services because definitely hackers must attempt to hack it. Even physical banks arm robbers attack so no financial institution or company is saved in anywhere.

Hacking now is norm for them. Every year we must hear one hacking to another. I believed it was last year Stake.com was also hacked.

We can't totally avoid the fact that hacking is already a part of online fraud.
As softwares are getting advanced, these scammers will always find a way to siphon the funds of the site.
The very reason why business owners should allocate funds for their security as it is not a wasted allocation.
I don't think hacking will stop anytime soon, this will just be a part of online business that they need to take care of.
84  Alternate cryptocurrencies / Altcoin Discussion / Re: What do you do with your altcoin holding with low value on: January 01, 2024, 11:51:08 PM
Some coins which I got from airdrops etc used to have $2000 in value and they are worth $0.01 or something now. Completely worthless. I can't even dump them for pennies because they are not even listed on any reputable exchange anymore. They are listed on 1 exchange since they still have a price tag but that exchange is probably just a scam and when you deposit your coins there you'll probably make a donation and it is just not worth my time... I still keep their private keys in somewhere but I don't think I'll ever need them again. Some of them are not even that lucky. Not even a scam exchange lists them. These projects flat out died. Nobody is mining, no blocks are being produced etc... No point in holding them.

This is what I learned during the early days of my accumulation of alts.
You need to dispose it while it has still value in the market, otherwise, you will be holding worthless coins or tokens.
Because most have no reason to exist at all, once the team dumped their holdings, it will slowly decline its value.
And up until, no more trading activity is observed on this project. So yes, better discard it while it is actively traded in the market.
85  Alternate cryptocurrencies / Altcoin Discussion / Re: How to check if an altcoin is a scam on: January 01, 2024, 11:37:10 PM
Waiting to see if it's listed by one of those 2 exchanges means literally nothing in terms of being legit or a scam.  A project and look legit in any fashion but underneath it they are just waiting to scam everyone.  I'd say looking at exchange listing to verify if a project is legit is probably one of the worstrways to determine that.
We always find that most scam projects that invite people to invest in them mention listing their currency on T1 or T2 CEX platforms as part of their promises and roadmap goals. In the end, you find that they did not fulfill their promises and falsely promoted the goal of listing to attract investors who would invest huge sums in the project in the hope of listing the token on Binance and other top CEX and then reaping huge profits. However, suppose the coin has already been listed on market-leading T1 exchanges. In that case, it is unlikely that the coin is a scam because listing it on such popular centralized platforms requires strict conditions and exorbitant fees. Listing a coin on DEX platforms is different from listing it on T1 or T2 CEX, and this is perhaps one of the signs that can be relied upon while searching to check whether the token is a scam or not. However, listing the currency does not guarantee the project's success, as it could be delisted later if there are issues or violations.

Usually, it is already too late before you realized that the project is a scam.
Just look at what happened to Terra Luna and FTX, they have been known to the community as successful ones.
Before they pulled the plug of being a crappy project, wherein a lot of investors lost huge amount of money.
If you are not very sure with the alt you are holding, then sell it while you are in profits.
Because if you wait too long, you may lose a lot because most alts decline its value thru time particularly those without valid reason of existence.
86  Alternate cryptocurrencies / Speculation (Altcoins) / Re: When do you think the altcoin bull run will begin in 2024? on: January 01, 2024, 11:03:00 PM
Predicting when altcoins might suddenly increase in value isn't an exact science.  But you can keep an eye out for certain signs and  for one thing, if the overall crypto market starts trending upward, altcoins often follow.  Makes sense - a rising tide lifts all boats, as they say.  

So while you can't pinpoint an exact date, watch what bitcoin and ethereum are doing.  And keep tabs on the latest altcoin launches or protocol upgrades.  If you see investor excitement building, it likely means an alt run is brewing.

Speculation is quite handy if you truly know the alts that you are holding with.
You will understand better the market performance of the alt if you are closely following their updates.
The major markets like BTC and ETH are not too hard to keep up as you can already see what's going on with their respective markets.
However, when it comes to most alts, you need to subscribe their social media platforms in order to learn more what's going on with their project.
87  Bitcoin / Bitcoin Discussion / Re: Has Bitcoin Deviated from The Vision of Satoshi? on: January 01, 2024, 10:22:12 PM
Bitcoin is still decentralized, that's what matters the most. If it scarificed being peer-to-peer for the sake of better usability as a currency, it would have just become another centralized payment system. There is still a chance that some developer will find a clever way how to get more transactions without any drawbacks for decentralization. If that will happen then we'll be able to say that Bitcoin is fully following Satoshi's vision, right now we can say that it follows the most important parts.

In my opinion, what we have today is more than what Satoshi has envisioned for bitcoin.
I don't think he thought about btc being adopted by countries to be legal tender, or big companies getting a hold on this.
Or having bitcoin ETF? So for me, we already achieved a lot more than what he planned for this currency.
Deviate from his vision? I don't think so. It even surpassed his visions I believe. If he is seeing how this market is currently right now, I would say he is more than happy to see his creation becoming mainstream.
88  Economy / Gambling discussion / Re: Inflation and crypto gambling on: December 31, 2023, 10:54:45 AM
Inflation affects every industry, including gambling. Traditional gambling systems, like your Greek example, must modify pricing, right? Increasing ticket prices by 100% is a risky strategy that may represent inflation and business margins. Global phenomenon, not just Greek. Lottery and gambling operators are adapting to these uncertain economic times in many nations

Now that you're in the world of crypto casinos, things are very different, right? These platforms work in a dynamic, digital economy where economic laws are remixed. Crypto casinos subtly raising minimum bets is a good guess! With cryptocurrency volatility and inflation mounting, they may be changing minimum bets to hedge against these movements. It's a subtle tango between user engagement and profitability. We're curious because the crypto community is less clear about these changes

The minimum bet is indeed one way to address the inflation problem.
Though I believe such change is not abrupt as they will inform their players on this.
I don't think they will just change their min bet without prior announcement.
The good thing in online casinos is that you can easily see their min bet because if you enter below their min, your bet won't go thru.
89  Economy / Gambling discussion / Re: Online or offline gambling which is more safer? on: December 31, 2023, 10:34:21 AM
Sometimes people are always addicted to playing gambling online and this has made them loss alot of funds, due to always topping up theire casino account with there debit card when they loose. and this usually makes them exhaust all there funds.

While those people playing offline in casino halls play with only the little money they have at hand, and that will reduce the risk of over spending. So now my question is this

Playing online or offline gambling which is more preferable in terms of risk reduction?

The risk still the same since people could add up their desired amount if they want to continue to gamble. Online and offline is the same but what online gambling site can offer to us is personal security since we don't need to go on different places bring some cash on hand. While playing on offline casino where the risk is high especially if there's lot of people know that we always bring money whatever places we go especially if we give a hint that we are going to gamble on a popular casino.

Remember that any places have high risk of losing a lot of money since temptation is there and we could be influence to deposit more since there are people will taunt us to do it or even we still like to gamble since we are not yet satisfied with what we do on those offline or online casino.

Both have pros and cons and it depends on the gambler how he will handle himself on this matter.
He will spend money anywhere he wants that's why it doesn't matter whether it is offline or online.
The desire of the gambler to gamble depends on his current mood, goals or financial capability.
And when it comes to security, it is his prerogative how to take care of this aspect in gambling.
90  Economy / Gambling discussion / Re: Do you blame someone for your gambling losses? on: December 31, 2023, 10:01:31 AM
It would be weird to do so otherwise because it's your own volition that you got yourself into gambling just because someone introduced you to gambling doesn't mean they've got to take care of you not to get crazy and overboard with your gambling habits. Exactly, the irresponsibility of an individual is their own fault and it's weird but expected of those irresponsible individuals that they blame the people that introduce them to gambling, they're irresponsible after all and they lack self-awareness.
That's true that there are many gambler who are addicted by for them irresponsible behave but they blame the person who introduce him gambling I think it's totally wrong. Such persons fall into addiction through by the fault of their own.  But the above topic situation I think is different here I think parents should have been more responsible.

No one but yourself should be the one to blame if you got addicted in gambling.
The people around you are just there to guide you, but to alter lifestyle is all on you.
If you can't contain yourself in front of your games, better decide fast if you will traverse the gambling path or not.
91  Other / Archival / Re: Generational wealth on: December 31, 2023, 09:10:34 AM
What would be your advice for a pharmacist hoping to create generational wealth in the pharmaceutical industry

Pharmacists only work, while it is the pharmaceutical industry or company that creates the drugs.
A pharmacist will not be able to mass-produce drugs.
Even those who create drugs are not pharmacists, but researchers in large pharmaceutical companies and industries.
the rich are the owners of the pharmaceutical industry or companies, not the pharmacists.
Those who work as pharmacists do not create medicine because their job is only to give medicine to those who have received a prescription from a doctor and are shown to the pharmacist to give the medicine according to the prescription given by the doctor.
What you say is very correct, it is researchers who work in the pharmaceutical industry who carry out research to be able to create drugs and after going through various stages of research then drugs are created and mass produced and those who own pharmaceutical companies can create drugs for various needs.

This is why pharmacists alone can't make a significant impact in the pharma industry.
It is more on the owners of pharma companies as they have the influence on what path their company is heading to.
They have very little role on what may possibly happen to the advancement in the pharma industry.
Maybe, if they will pursue other roles like going up the ladder and hold executive position, they may have a say to where the company is heading to.
92  Economy / Economics / Re: Is Ithiopia bankrupted? on: December 31, 2023, 08:19:20 AM
While we all believe that cryptocurrencies are going to play significant help to the economy of a country but it doesn't mean that it's going to be the entire help that they need. And as for the buildings, it doesn't mean that a country that has tall buildings is already way up of its economy. Maybe not yet but that's a sign that there's something happening positively on the country but usually, these came from debts or loans from the bigger countries like China. I'm not just sure if it's Ethiopia that has been one of the African countries that have a debt on China.

Crypto may have influence in their economy, but yes, it doesn't mean it can get rid of the poverty among its people.
But this market can however, alleviate some of the current conditions of some of its people who are already into crypto.
Just like for example, small time traders. And once they get good profits, it can assist their everyday living.
This goal is years in the making. But if this market can already help some of its people, why not?
93  Economy / Gambling discussion / Re: In The Span Of six months what will make you trust a new casino on: December 30, 2023, 11:50:22 PM
For me,  six months is still very small to know the real character pf a new project,  we should give the mat least a year or two to be able to see their true colour because of a casino really mean to manipulate their ways,  their could go for six months faking things
You forget a casino with the intention to scam its users can play the long con and stay for two years before pulling the plug. These ones are the scammers that rake the big pots, because they have more users gambling hugely on their casinos. If a casino ticks all my boxes namely the ones listed in the OP, I would have no problem trusting them. Do not be mistaken my friend, I’m not trusting blindly but cautiously.

I prefer to play on a casino known as reputable one as they won't ruin their image just because of small amount of money.
For a new casino, it would take time to gain their credibility as high rollers won't just spend money on a new one.
But as long as they have no existing scam accusation, I believe they have the chance to gain their loyal patrons.
They should also take a look on how to entice new players in their platform as they need to gain the trust of the gambling community.
94  Bitcoin / Bitcoin Discussion / Re: Am I Too Broke To Own Bitcoin? on: December 30, 2023, 10:07:58 PM
Do you earn $3000/month? If that's the case then your income is actually more than enough and even if it's per year I think it's still very large because if we talk about comparisons with salaries in my country which are still in the average range of $200-$300 it's actually almost the same.
Especially if it's $3000 per month then I really don't understand what kind of needs you have until that much money is not enough to fulfill your needs for one month.

Investing in bitcoin is not a demand and do it while you can but when you often buy and sell bitcoin that you have it is not an investment but I might classify it as trading.
As for when you sell the bitcoin that you have actually it is also not wrong if indeed you have made a profit from there regardless of the need or not as long as it is profitable and you think selling is the best choice then why not because again this is about your own choice.

Such amount is already high considering the regular monthly salary of an employee.
He can very well afford to buy some btc every month if he truly believes in this market.
But if he has high-end lifestyle, of course, such amount is not more than enough.
But having that monthly amount of income, I would spare some money to investments and not just luxury items.
95  Alternate cryptocurrencies / Altcoin Discussion / Re: Cristiano Ronaldo get 1 billion dollars lawsuit for his NFT failure on: December 30, 2023, 08:33:03 PM
This is actually a funny thing to me because I had previously read that Cristiano was only partnering and promoting NFTs himself but in the end this is also not a compulsion to buy Ronaldo's NFTs especially since we know that the hype of NFTs is almost over and those who claim to be investors should know that because this is only about collections, don't expect too much more.

Indeed, in this case, doing promotion also carries a big risk for Cristiano but on the other hand, in the end, those who have been in crypto for a long time should understand that hype like NFTs will not last too long so demands like this I think cannot be done because in the end, what do they want to expect by trying to buy or hold many NFTs with the Cristiano theme because in the end they should also know that something like this will not last long.
I don't misunderstanding of the Crypto market is what normally make people to take the wrong decisions. We have not entirely lose all our funds if we buy a crypto and the value drastically deprecates. We need to wait for when the market would go bullish for us to know whether we have really lose money or just the value of the coin or token that loses value. Cryptocurrency is all about patience if the project we are holding is not yet a rug pull. The people that bought the NFT need to relax and wiat for the bull market.

The case towards Ronaldo won't progress because of the lack of solid evidence.
Yes, they can pursue a million-dollar lawsuit, but what is the chance of really getting money out of it?
Of course, Ronaldo's lawyers are not sleeping on this. They already know what to do on this case.
So I don't really think that Ronaldo's camp feel pressure on this. The complainant for sure has no solid backing of his claims.
96  Bitcoin / Bitcoin Discussion / Re: Bitcoin as a Replacement for a College Savings Plan on: December 30, 2023, 07:49:10 PM
Bitcoin is not a replacement for anything because it's its own asset class. It has different fundamentals that are unique and are not like any other asset, so it makes no sense to talk about Bitcoin investment instead of other type of investment. People with sufficient wealth should strive to obtain a diversified portfolio and the proportion of Bitcoin in this portfolio depends on risk tolerance.
Bitcoin can not be replaced by any coin in the market. It has it own uniqueness and that is what made it the giant of the market.
Investing in Bitcoin is very much better compared to altcoins that can end up becoming a rug pull. This is one of the reasons why many people had decided not to invest in the market especially after they have made several loses in the market. Bitcoin is safe and it uniqueness had made it the best coin in the market.

I won't also go in that route. College Savings Plan is more tangible than having bitcoin investments.
As any crypto holding is a very risky investment, I won't jeopardize the future of my kids to something uncertain.
I would agree if you will just set aside a separate investment for btc or crypto, but hold onto the College Savings Plan.
Ensure the future of your kid rather than put it into a very volatile investment where you have no idea where will it be after few years of waiting.
97  Economy / Economics / Re: Crypto investment vs real estate investment : Which one more dependable? on: December 30, 2023, 06:18:58 PM
You should be the one to make that decision yourself.
Yeah that's why he asked us coz he wants to hear our sentiment about these things. He said his friend introduced the real estate so I guess he's having second thoughts on where he should put his money.
 
If you don't make the right choice, you might end up losing almost everything, and most times everything, especially when you invest in the wrong coin. If you are also lucky enough to invest in a coin that gets a positive price pump after you invest in it, then you will be smiling with the profit you are going to get.
that's what investment all about. It's not always generating profit, sometimes it can be your downfall. But with crypto, there are a lot of ways to generate an income like spot trading for safe and slow, futures trading for quick profit/loss and many more. These two investments are risky but if you handle it well and making a good decision you'll probably double it in short period of time.
 

So the choice is yours. If the capital is large enough, I will advise you to invest some in crypto and others in real estate. Having a diversified portfolio helps a lot.
He said below $2500, so I guess he needs more funds on real estate? not sure tho, but on this fund it is high suggested to go with crypto.

It is better for the OP to exactly know his familiarity or grasp with crypto before getting involved in this market.
If he is not very sure of it, much better to go with real-estate for now.
He knows himself very well than others, so he should know which one would suit best on his knowledge.
I won't advise to totally invest in crypto, because it is a very volatile investment. If you made a mistake, you can easily get liquidated.
98  Alternate cryptocurrencies / Altcoin Discussion / Re: Stay away from crypto influencers on: December 29, 2023, 11:02:55 PM
Everyone needs to be careful with crypto influencers, especially noobs. But then again, the golden rule of any investment is Do Your Own Research (DYOR). Anybody is free to invest in any coin and they shouldn't blame the influencers because information on these projects is available online. The influencers are only shilling projects because they're paid to do so by the project Devs. We all need to take responsibility for our actions in theal market rather than whine about influencers misleading folks.

The influencers are just doing their job, to attract naive users to what they are selling to their followers.
It is the responsibility of any investor to do his own homework. As they are spending their own money, you have all the freedom to do what's best for your funds.
These media influencers are mostly doing for money, don't care about the welfare of their subscribers.
99  Alternate cryptocurrencies / Altcoin Discussion / Re: How to accept crypto payments? on: December 29, 2023, 10:09:14 PM
Integrating payment to your online business depends on what platform your online business is hosted on. Like people who do drop-shipping and use Shopify, there are payment providers that support crypto payment (I don’t know what their fee rate is though). But if you want to handle it yourself, it’s as simple as putting the payment wallet address up there. All crypto transactions can be sent to the wrong address so it is the duty of the sender to be watchful and cautious when making the payments. For a user to even use cryptocurrency to pay you, it means they already know how it works. By the way, have you decided what cryptocurrency you want to accept for your business yet? This matters too.

These days, it is quite easy to set-up crypto payment method as you just need your own wallet and net connection.
Also, one should think of other alts other than btc as the fees are quite outrageous.
Should think of LTC, DOGE or XRP or other popular alts with low transaction fees and can found in most trading platforms.
Though the OP can start from one alt, and just add when he feels his customer is getting acquainted with other alts.
100  Economy / Gambling discussion / Re: How many hours is the best time for a gambler to last while gambling? on: December 29, 2023, 09:25:02 PM
There isn't any preferred time or pattern of gambling... You could create a stoppage time for yourself but your funds ain't cutting it, why? -- might be change of strategy and increase in stakes too.. sometimes, you estimated your bankroll to a particular time but, being too lucky could also create an inversely purported urge to wager the more...

Sandra 🧑‍🦰
It would really be that totally in random on which you would really be having those kind of random choice on when you would really be stopping because there would really be factors on which it would really be affecting the duration or time that you are really that dealing with. You cant really just that make yourself be able to fixed up those things because there would really be moments on which it would really be prolonging on the time that you are really that spending with gambling specially if you are on a winning state or momentum then the longer the time that you are dealing with.
We do know that not all would really be that the same when it comes to situation and this is why it would really be that varying and this is something that do really differs.

For me, the time that i will spend on my gambling is the amount of bankroll that i have.
Of course, if your funds got busted already, how can you proceed with your games?
Unless, you will borrow funds. And that for me, is a no no.
As i don't want to incur debt just because i follow my desire to gamble.
You are just piling your problems if you walk such path. And you will regret it later on.
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