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801  Economy / Gambling discussion / Re: Gambling as a profession: there's people who live out of gambling? on: March 07, 2021, 09:49:51 AM
I just opened an old gambling account I had on a crypto casino. I was looking at the stats and I remembered the strategy I used there.
I kept using the same strategy until I reached 5 btc profit (over a million bets...) and then two very bad losing streak in row nuked my excellent strategy.
tldr the longer you play on a profit, the higher the chances of losing everything.
802  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 07, 2021, 09:44:12 AM
Grin Grin Grin
Have fun staying irrelevant is the new politically correct way of saying have fun staying poor
803  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 07, 2021, 09:43:11 AM
Speaking of something completely and utterly unrelated to the bitcoin price >ahem< 1.9 trillion "Stimulus" bill just passed. At the current price, you could buy 39.3 million Bitcoins with that.
I am afraid to disappoint them here. Let them have all the money in the world but there will never be 39.3 million popcorns.
 Grin
Personal dilemma because I'm afraid of heights but I can stand new bitcoin ATHs. Grin
Will I be able to get onboard the elevator?
That is the problem.
Or maybe I should avoid too much coffee in the morning.
 Cool

Fuck the space elevator..

sure let them research into it, build it, imagine great things about it and even go in little space elevator "trips" including going to places where no man has gone before or whatever..

I will be perfectly contentening here on earth in my waning days banging hookers, lambo donuting and snorting blow.
I am fine here on Earth too. Space is boring.
One builds resilience while being perfectly grounded on Earth and I leave the crazyness to those who float with their head up in the air.
Cheesy
804  Economy / Economics / Re: MicroStrategy Buys $250M in Bitcoin, Calling the Crypto ‘Superior to Cash’ on: March 06, 2021, 10:42:31 AM
Imagine when an increasing number of companies will start doing exactly that. One thing is if you and I plan our monthly recurring buys but if companies will do that it's a whole different story!
That will sounds like revolution to me! Come on, Michael, spread the bitcoin virus more.
Bitcoin the only virus that helps the host organism.
 Cool
805  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 06, 2021, 10:36:08 AM
Personal dilemma because I'm afraid of heights but I can stand new bitcoin ATHs. Grin
Will I be able to get onboard the elevator?
That is the problem.
Or maybe I should avoid too much coffee in the morning.
 Cool
806  Bitcoin / Bitcoin Discussion / Re: JPMorgan presents to private clients that Bitcoin can reach $540,000 if compared on: March 06, 2021, 10:32:36 AM
The Bitcoin market is now floating on a very subtle psychological level and those who master the rules of the protocol know quite well that there will be one point in which there will be a breaking point caused by an inevitable supply shock.
The more big names enter the game the more bitcoin will be put on a long term hodl mode.
If you hold bitcoin, consider them very precious! These sharks want us small ones to give up our coins.
Don't play this game against them, keep stacking sats.
807  Economy / Gambling discussion / Re: Gambling as a profession: there's people who live out of gambling? on: March 06, 2021, 10:27:39 AM


Money management can extend the life of the deposit, but you will not change the likelihood of losing in any way. The advantage of a casino is a constant indicator in any game (in the sense that a player cannot influence it). All these strategies and tricks taught by experienced players to beginners (often for money) are self-deception.

I agree with that, I was deceived that I can regain my losses through playing martingale because I can see that by doubling up you can regain all your losses with one bet, but it did not explain that I need a large bankroll so I can keep up, it took me some games before I realized that it will not work all the time, you can him some time but most of the time the strategy will not work.
Don't get fooled by any strategy or money management techniques as there are none! If you gamble, you should consciously know from the start that you're fighting against the house. You may be the lucky one who takes it all but history shows that a small minority enjoyed some glimpse of fortune while the desperate majority lose most of the money along the way.
Only play for fun and be ready to lose, don't put more than you can afford to lose and be happy with it.
808  Economy / Gambling discussion / Re: Italian League Prediction Thread (Serie A) on: March 06, 2021, 10:23:12 AM
Juventus Lazio is a very important game for the two teams; while Lazio is slowly losing touch with Europa League's place, Juventus needs to find another win to avoid losing other points in favour of Inter.
Will Juventus be able to win this match? I think so.
809  Bitcoin / Bitcoin Discussion / Re: Everything you wanted to know about Grayscale BTC Trust but were afraid to ask! on: March 05, 2021, 09:11:11 AM
You are right, the biggest inflows we saw for GBTC almost perfectly coincided with the huge money printing activity that is being put forth since April 2020. I never thought that it could a be reason to push new ETFs at the door until the market doesn't go back to some form of normalcy.
After all, an ETF now will likely push the price to explode Cool It's the most awaited bitcoin investment vehicle since a long time
810  Economy / Gambling / Re: ⭐ BTCGOSU ⭐ Your Trusted Guide to the Best Bitcoin Casinos ⭐ on: March 05, 2021, 09:02:52 AM
Funny mascot here uh?  Cheesy
One small suggestion from me as the devil is in the details: why not evaluate changing the value of the cards on the hand of our funny friend from an Ace plus random number card to Ace + King which sounds like BlackJack (21)? Am I right here?
Other than that the mascot looks pretty cool
811  Economy / Gambling discussion / Re: Italian League Prediction Thread (Serie A) on: March 05, 2021, 08:56:50 AM
Inter showed more consistency yesterday night and I think that they're actively paving the way to the title this season. Competitors lag too much behind and they fail to keep their performance in line with what Internazionale is doing so for me the title is 90% on the black and blue side of Milan.
812  Bitcoin / Wallet software / Re: walletscrutiny: the majority of "wallets" are either custodial or closed source on: March 05, 2021, 08:53:25 AM
Let's admit I wouldn't probably use Yeti Cold Smiley
As far as I am concerned after November, in which I wrote that last post, many things have changed I do have a set-up which I find reasonable now. Of course, I'm not going to disclose it because it is better to keep it private where sharing it on a public forum may always be a problem.
813  Bitcoin / Bitcoin Discussion / Re: 21 million is it just a pointless number and nothing to do with scarcity? on: March 05, 2021, 08:45:10 AM

yep the blockchain data does not store bitcoins.

True with a mention: we also have no bitcoins as coins in our wallet even when we see fancy numbers on the GUI or the command line if you like it best.
We control the private keys via our wallet software, notwithstanding that we could use them in many other forms, and the only thing that matters are these keys that give us access to our UTXOs which are basically staying in the last block of appearance until we decide to move them along by using our private keys and move our coins to another public key which will then control new UTXOs....
etc. etc. etc.
How ingenious is all this? Cool
814  Bitcoin / Bitcoin Discussion / Re: 21 million is it just a pointless number and nothing to do with scarcity? on: March 04, 2021, 09:53:09 AM
....But its a limit.
There isn't a limit. 21M is the cap for BTC. In the past people used to buy things like pizza with thousands of BTC but now you can buy the same pizza with 2 mBTC and in the upcoming years we will buy it with 2 Satoshi then 2 mSatoshi and so on.

While the value is limitless, the number is limited. In contrast, the number of dollars is limitless.
Applause!
In fact it could be represented like this:
Bitcoin - limited cap, with a possible valuation that can go up to infinity
Dollars - no cap, infinite supply, valuation goes to zero as it moves forward.

How is this so difficult to get?
815  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 04, 2021, 09:47:10 AM
On a slightly different note please find my up-to-date bitcoin regulations:
  • Be vigilant, you don't know when we go to the moon
  • Be prepared, you might want to sell at least some well deserved cash
  • Be reckless, if you see a nocoiner begging at you get out of their way
  • Be gentle, remember those freinds who gave you strenght during difficult times (for me, there are some in here too)
  • Be elusive, don't let the world get you have too many coins (not a problem for me atm, even though the price ratio will be an important variable)
  • Be smart, keep living as usual
  • Be kind, donate some (don't be a rich mfkr!) I personally did many donations over the years (one referenced here https://bitcointalk.org/index.php?topic=1574482.msg15840188#msg15840188)

Good morning WO stronghands,
I want you to revise a few shared golden rules.

Carolina is eagerly waiting for you, don't disappoint her like many you-know-who-i'm-referring-to.
816  Economy / Gambling discussion / Re: Italian League Prediction Thread (Serie A) on: March 04, 2021, 09:43:05 AM
Is it possible to score a penalty kick at 90+7? I mean 7 minutes more, come on! were they even necessary?
Kudos to Milan that fought until the last second to possibly gain one point and avoid what could have been a deserved defeat but still I don't understand it.
Inter has a huge chance to consolidate its leadership tonight, if they win tonight Serie A is almost over.
817  Economy / Gambling / Re: 🏠 BeTheHouse 🏠 A brand new and exciting new Crypto Casino 🤩🤩 on: March 04, 2021, 09:33:56 AM
Certainly you have a record already from the moment you published one of the longest and more detailed Know Your Customer and Anti-Money Laundering policies ever seen on a crypto casino platform. It is a bit too much for what you offer at the moment but I guess you need that as per the requirements of your license.
818  Bitcoin / Bitcoin Discussion / Re: Everything you wanted to know about Grayscale BTC Trust but were afraid to ask! on: March 04, 2021, 09:25:38 AM
DaRude, nicely put.

I know the new ETF is Canada based but it'll be a good comparison to understand whether this tool will be the preferred investment vehicle for bitcoin exposure with no hassle or not. It may well be that the trust-like products will prevail, we don't know that yet.

We only need to wait that the US approve a fricking ETF to see what will happen here.

GBTC needs to rethink its strategy or it'll eventually collapse under its huge massive weight. Rumors are that some didn't like their last move.
819  Bitcoin / Press / Re: [2021-02-25] Cryptocurrency is not legitimate money - CBN on: March 03, 2021, 10:04:06 AM
It's a huge clash of powers unfolding right before our eyes. An old world based on financial control is now being opposed by a world where individuals can be their own kings in the terms of finance.
This is not going to be easy and those who don't see what's happening will be very much disappointed when the real fight will start.
What do we except by a a central bank whose only reason to exist is to pump more money into the system to help always the same ones and never the poor guys?
I see it a simple as that.
820  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 03, 2021, 09:59:06 AM
use ltc it is always faster  than bitcoin fast bitcoin transactions won't help

No. LTC has only lost value since the last bull run, quite significantly, whilst BTC has more than doubled.
Holding LTC is like throwing more than half your assets away.
As is almost any other shitcoin from what we've seen.

+3WO sMerits

My planned monthly but went through today, my fiatcoins weren't able to get me more corn than usual given the price went up.
Happy anyway.

Good day everyone
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