|
Because they don't. These types of scams are meant to reel you in at first, prolly by giving you a measly 5 bucks which to them is nothing considering how much they are able to rake in every time a user goes in on one of their sites which offers them money through internet traffic.
Are there legitimate free bitcoin sites?
Short Answer: NO
Long Answer: There are in the past, as far as I know out of all bitcoin faucets on the internet, the only one that's still operating is free bitcoin, which offers you an arbitrary amount of bitcoin based on your luck. They were once one of the biggest faucets out there but since bitcoin became a little more valuable it has become harder to earn bitcoin from them, so virtually the only way you could ever get your hands on a bitcoin is if you worked hard for it.
|
|
|
|
Are there still mining pools that giver miners bonuses for contributing a large amount of hash power to their pool today? I noticed that this was available in 2021 when mining Bitcoin was very profitable, I'm not so sure, or they are able to do that because of the market situation.
Would you prefer to use a new Bitcoin mining pool instead of the well known pools if you have a large amount of hashrate? I read you can easily make more Sats using a pool with less hahshrate, can someone confirm this?
I will also appreciate if you can tell me the best pool for your Asic miner right now. Thanks
It sure is back then but it's just getting progressively harder as time passes by. And as far as I know bonuses only come by for VIP members, which are those who really contributing a lot of mining power to their network, so people who are contributing just more than the average joe is not gonna get anything. So I wouldn't really suggest mining for bonuses because it's mostly a gimmick, and not really something that every miner should strive for. Plus they only ever send out bonuses through altcoins, which given you can still swap for bitcoin but it feels a little "ehh" at that point considering you guys mine bitcoin for a living and your bonuses are paid off through some weird altcoin that you don't even recognize most of the time. I think F2Pool's still the best mining pools right now, not only for ASIC miners, I've mined with them for a while but stopped cause electric fees are horrendous that I have to stop mining altogether, and they pay handsomely too. So you might wanna take a gander at them. |
|
|
|
~ snip ~
So I figured since that is something that is already "common sense", it shouldn't be challenged per se when I'm talking about money-over-effort variation.
Um... alright, I'm starting to grasp your point. I greatly appreciate differing opinions as they broaden my perspective according to each individual's principles. So, what would you do if at some point you really wanted to have a side job, but the ones available don't meet your salary expectations? Would you choose not to take any of them and instead focus on resting during your free time? In certain situations, there's a scarcity of creativity among people, making it incredibly challenging to find a side job that aligns with the 'money-over-effort variation' standard. In situations like that, of course the Money-over-Effort variation won't apply. In my prior post I said that there are factors (emphasize on the plural) that could help you gauge whether your hustle is a good one or not. Money-over-Effort still is the main pointer, but in certain situations like the scarcity of open jobs, as well as the creative drought as you have mentioned, well then it's up to the person itself whether they'd much rather spend time resting and making sure that their mental health is fine and dandy, or if they are going to take up another job that doesn't pay as much as they wished it would. Personally, I'd much rather rest and do stuff on my end, stall opportunity, while at the same time bettering my self in other ways like lifting weights, taking care of myself, or reading self-help and good books that would nourish my brain. The Money-over-Effort Variation is a great gauge for how PROFITABLE a side hustle is, in the event that you are in the position where you can find other ventures that would better suit you. If it comes to a point where it's between choosing a low-paying job over resting, it's something that the person itself could only answer. I'm no psychologist, just some dude on the internet trying to impart something that I think is good and might help people who are unknowingly lowballing themselves by staying in a dead-end side hustle when they have the opportunity to make the switch. |
|
|
|
Some of you may have seen this clip before, and I’m assuming a good amount of you know who Mr Beast is (if not he’s a highly followed social media “influencer” I guess you could say, but an actually cool/good guy who gives back a lot to people). Here he talks about how his house was robbed, but the idiot robber just passed by his Pc which had a piece of paper sitting next to it that said “public and private keys” right on it lol. He laughs at what morons they were. Reminds me of the time my car was robbed of about $10 in change but they left my $600 radar detector and $2000 dvd player just sitting there lol. Lesson here, not all robbers are this stupid, hide your keys! https://youtube.com/shorts/rtDFx-U2IJU?feature=share Happens all the time with these robberies. Most of these people would just pass by items that are "too hassle to carry around" like PCs/hard drives and the paper wallets to boot, or in your case the radar detector and the dvd player. You'd literally spot it from a mile away, and not to mention the fact that they'd rouse suspicions from the fact that they are literally carrying shit that's not supposed to be carried in broad daylight/night time, at least without a receipt. This also just goes to show that bitcoin, when done right is your robbery-proof buddy. Cold wallets for instance will literally shield you from online hacking and getting your coins stolen over the internet, plus the unassuming looks of it too makes it not stand out from robbers! |
|
|
|
I don't think it's actually safe to go about meeting people one-on-one to complete a peer-to-peer trade, especially when you don't know the person. If there is one thing I have learned and read from @o_e_l_e_o, it is that privacy matters a lot in this crypto community. Going into a trade with someone completely stranger and wanting to meet them physically is, to some point, dangerous because you don't know who the person actually is. Right now, there are better options than those that your friend might have used in the past, and these are the p2p platforms that regulate and peer you with your local buyer or seller without requesting any form of identity verification, which is what you are afraid of. All you need to do is agree with the seller on how you want to make your payment, and that's all. You can check out . Hodlhodl and Agoradesk I always recommend these two sites because I have used them before. I believe there are also better ones out there, which other members will recommend for you soon enough. It's a trade-off these people are willing to take. They know the risks very well and have been made aware of it a long time ago, considering they are specifically looking for sites like these which leaves me to presume they've done this type of transaction all to avoid paper trail and remain anonymous. P2P platforms wouldn't really cut it as most of them leave transaction IDs which can be backtracked to you. So no can't do sir. In any case, these types of exchanges are long gone no thanks to Government crackdowns from left and right. But the closest (I think) to an anonymous transaction could be made with KuCoin or PDAX if you're living in the Philippines. These two aren't big on KYCs and as long as you verify an email and a mobile number, you're basically set to go with whatever transaction you want to do. |
|
|
|
First of all, Happy 13th Bitcoin Pizza Day everyone  I think most of us who know Laszlo Hanyecz probably only know him from buying pizza in exchange of Bitcoin on this day. To be honest, I didn't even know about his other contributions to the Bitcoin network until now. After reading the article on Coinalap(my local language) and Crypto Potato, I got to know about some more of his contributions. And I think that there are many new people here or many people are still not informed about this, so I opened this topic to share with you other contributions of this genius person on the bitcoin network. Hanyecz’s Contributions to the Bitcoin Network:- He is a computer programmer and Beyond his infamous pizza purchase, Laszlo Hanyecz was a significant contributor to the early development of Bitcoin. He played a crucial role in fixing many vulnerabilities in the network during its early stages, helping to make the protocol more secure and stable
- Another big identity of his is that he is the originator of GPU mining, Laszello is the first person who wrote the program for GPU mining. When everyone was doing CPU mining, by sharing this GPU mining program bitcoin mining got more progress.
- Hanyecz’s pioneering work also extended to software development. He was the first person to release the Bitcoin code for Mac OS, which helped pave the way for the wide adoption of Bitcoin as a digital currency. Additionally, he played a vital role in transforming the Bitcoin mining landscape, laying the groundwork for today’s industry’s growth.
Information collect from বিটকয়েন পিজা দিবস | সবচেয়ে দামী পিজা?Bitcoin’s 13th Pizza Day: Reflecting on the Transaction that Changed Crypto History v Kid looking at the pizza knowing fully-well that 10 years later that pizza's gonna cost 273 Million bucks lmao. Kiddings aside I knew from the get-go that the guy is something to really respect. It's one thing to purchase something using bitcoin, but back then, this is basically what jumpstarted the bitcoin economy and the believers if you will. So if not for his purchase, no one will probably know what bitcoin is in 2010 and will probably never even going to break as much records and change as much lives as it does now. So apart from being one of the pioneers of this network and the one who basically started it all, he's also someone who deserves so much respect. That pizza right there is symbolic of the future that bitcoin will come to be 10 years from then. So shouts to him (not sure if he's still active in this forum but whatever). |
|
|
|
There is always a man in the family who believe they are the smartest, I have an uncle who is currently the most successful one in the family, maybe that's why he is behaving this way, he knew my involvement with crypto and Bitcoin, and after the crash into bear market he called me and said ..
Are you still into Bitcoin? You need to find something else to do, Bitcoin will fail soon because there is nothing that can take away the money printing machines, the government will keep printing money because they like been the printer, they can't print Bitcoin that's why it will fail, stop living a dream and do something good with your life before it's too late.
At first I got angry, because he always believe he knows the best for everyone, and I am different, I am not like my brothers that fall before his kneels every time. I replied him with this.
Why are you so into what I am doing? Why did you take this so serious than anything else? You have never showed concern about me, I have never asked you for help and you fulfill it, if Bitcoin fails it's fine for me, and Bitcoin was never created to kill Fiat in the first place, it was created to support people like me, because no one wants to support people like us but they want to pretend they do.. Fiat is Centralized and Bitcoin is Decentralized, it's for the people and the community, it's freedom and a perfect home 🏠. I can't hate something that have helps me so many times uncle.
Have I said something too harsh? He took this personal and report me to my eldest brother, my brother said I shouldn't mind, he doesn't know that my brother is now also a Bitcoin investor, my mistake was making it public, which my brother never did.
If you are still planning to get into Bitcoin, don't post anything about it in family group chat or on your WhatsApp status, this was my biggest mistake.
It's a no-brainer. Doesn't just go with investing in bitcoin or whatever, and most especially if you're living in a strict first-generation Asian Household. You should never disclose or tell anyone in the close family circle of what you do and how much you earn. Best case scenario, they're going to berate you and abuse you for doing things differently and earning lower than what they expected. Worst-case scenario, you'd find yourself being the butt of the joke, or the cash cow of the family depending on how much you earn. So keep your successes to yourself and celebrate it only with the people you know are deserving to have a seat at your table. Nowadays it's just the way things go as more and more people are doubling-down on being outright assholes. |
|
|
|
Can't central bankers just buy all the bitcoin and miners? so what is the point again? to prolong are $lavery?
They can't do that, not only can't they do such, bitcoin is a decentralized digital currency and cannot be owned by the government, we have miners distributed across the world in all countries holding their bitcoin reward after mining and can't sell to government except individuals through p2p for privacy sake, aslo know that the entire bitcoin isn't mined completely at the same time, there's still more to solved over the years coming, so no single entity can accumulate the entire bitcoin, not even Microstrategy or anyone well known as giant whales. They actually could, at least in theory. And provided that the convinced every single bitcoin miner on the planet to sell their equipments to them as what Onset has said. It's not gonna solve problems or whatever, if anything it's gonna cause more of them cause there will now be a centralized form of bitcoin, and the decentralized ones we use today. This will have massive conflicts and implications which later down the line means everything's gonna be shit and we'll all lose the very thing we're trying to protect. Plus I do not understand how Slavery was questioned here? Like what in the hell does it have to do in this topic? Care to shed light on this particular part of your post OP? |
|
|
|
You need to convince yourself about an investment and not let others do the thinking for you. Some are into bitcoin for financial freedom without depending on the banking system, some buy it for the potential ROI, some others use it as a retirement plan, the purpose is different for different people.
Understand what bitcoin is and what value it offers, then decide to buy or not.
- Jay -
I second this. The decision to make that investment and risk your money on the line isn't for your friend to make or whatever acquaintance or relative you have. That solely lies upon you cause at the end of the day, it's your own moolah you'll be putting down and would be risking, you can't have scapegoats when shit hits the fan and you lose it all. Whatever the reason for investing really, it has to become something that came from your own volition. In that regard, I suggest that OP look into a couple of revered articles and researches about bitcoin, maybe even give the whitepaper itself a quick-read since Satoshi Nakamoto made it understandable to even the dumbest form of dimwits on the internet. Look it up, research, and then from there decide whether you should invest in it, or bitcoin's not for you. Don't put in money just cause "a friend told me I'm gonna be rich with this". That's just stupid and will definitely get you in trouble someday. |
|
|
|
Now, check your main job's hourly rate. If it's 50% or higher, then you have a pretty solid side-job and I suggest you keep it. Anything below 50% to me is a complete waste of time and shouldn't be pursued, cause you could be using that time to work for more valuable ventures and you're wasting it over a side-hustle that pays you peanuts.
There should be tolerance for side jobs related to our hobbies, even if the income from them is below 50% compared to our main job. For instance, imagine a person who works exhausting 8-hour shifts during the day. When they return home, they enjoy playing a game that allows them to earn money by live streaming and promoting the game. They find pleasure in their hobby and receive payment for their live streams. Is it wrong to be someone who lives a more relaxed life while enjoying their youth? Let me interpose. It appears that our trusty guide, conventional wisdom, might have stumbled off the beaten path. We often mistake time for a golden goose, tallying life's fleeting moments like entries in a cash register. Are we not pilfering the treasure trove that life has to offer? Ponder on the side gig conundrum you've posed. From your vantage point, the person seems to be "squandering" their precious time. But wait a minute! What if they find a sweet taste of joy, fulfillment, and a zen-like calm in their endeavors? Shouldn't we value life's little pleasures as much as we value the bulge in our bank accounts? At times, the real worth of an activity doesn't make a grand appearance on our income statement but rather, in the sheer bliss it incites and the personal growth it kindles. So, instead of being slaves to the clock, perhaps we should include happiness and personal fulfillment as valuable commodities in our calculations. I think I may have taken a pretty objective approach at side jobs in my prior comment (Which to me still isn't necessarily wrong but definitely leaves a lot out). In any case, I agree with you guys. Personally, I think a stress-free hobby/side hustle is imperative, just as a good-paying side hustle. But I'd like to interpolate that things like this, are things that you should've considered right from the moment you decided you have to take that extra income stream. You wouldn't really take up another job that's stressing the fuck out of you that you'd be much better off just keeping a single job and retaining what little sanity that was left of you. So I figured since that is something that is already "common sense", it shouldn't be challenged per se when I'm talking about money-over-effort variation. As for Slapper, you got a point, life's great and a fat bank account won't beat a peaceful and actualized life. But the main point of the post and this thread is how having a second-job/side gig's going to help you gain that financial stability which is arguably just as important as having a good life, won't you agree? Can't be having fun when you're worrying bout what to eat tomorrow, or where to get the money you'd pay your bills with, am I right? Doesn't really instill a sense of calm that way. |
|
|
|
Hi guys! I have come across a topic here that emphasized on the need to disclose one's Bitcoin dealings and seed phrase to his/her spouse incase something bad and unexpected like death comes knocking on the door, the husband or wife can have access to the funds and claim it. Well... This story is quite different. A husband hid his crypto assets from his wife amid divorce saga, the wife had her suspicion, then hired a forensic expert who found out that during the splitting of the property, the husband failed to declared his 12 BTC stashed somewhere in an undisclosed wallet. She's now asking that the Bitcoin be splitted into two. https://www.cnbc.com/amp/2023/05/20/bitcoin-in-divorce-how-spouses-hide-assets-crypto-hunters-find-them.htmlLooks like some of the married folks are getting smarter... They don't want to be left in the dark, but are going out to get it themselves through crypto hunters. What's your thoughts on this? Eesh... And this is why you should sign up for a prenup. Too stupid of him though, you always must diversify lmao. So at least the slightest suspicions could be diverted by a good stray asset, and your stash of bitcoins remain untouched and secure. If all else fails just file for a prenup for god's sake. Also, too funny to see the term "financial infidelity" written by CNBC, like what the hell you hiding your money for? Plus I think this kind of problem only happens in the US lmao, so I think every peeps in this forum, besides the ones in the US should be fine and dandy soon as things between their spouses get rocky, in the Philippines for instance, we have prenup but we don't even have divorce, so all separation of assets and valuables are done in good faith only. Anyways, that's a long read, I couldn't bother myself reading the entirety of it. |
|
|
|
To make a living, we must work. In uncertain days like now facing the global economic downturn, a stable job with high income becomes a scarcity. A side job or business seems like more necessary than ever, which can minimize the risks of losing your current job, ending up pennyless. However, a side job/business also takes time and efforts and can never be attained whenever we need it. What did you do or will you do in order to ensure your finanical stability despite all unfavorable circumstances ?
I don't understand how the last part of your post relates to the very topic of this conversation but whatever. Let's talk about the viability of a side-hustle. Not all side-hustles are as profitable as you think. Just cause you got a second job doesn't mean you're out of the woods now and you can just live lavishly. There's a couple of factors that would affect how great this side-hustle of yours is, and I call the main factor the Money-over-Effort variation. Money-over-Effort Variation just goes like this. Take a calculator, and divide your average daily earnings to how much time in hours that you spend on your side job. Now, check your main job's hourly rate. If it's 50% or higher, then you have a pretty solid side-job and I suggest you keep it. Anything below 50% to me is a complete waste of time and shouldn't be pursued, cause you could be using that time to work for more valuable ventures and you're wasting it over a side-hustle that pays you peanuts. This doesn't necessarily apply to businesses, especially if you're just starting up. But for everything else, this is a pretty good gauge of how well you're gonna be with having 2 jobs. Time is your main currency here and you can't be wasting too much of it over lost causes and fruitless labor. This gauge helps you determine how valuable your time is for you. Resilience will not get you anywhere especially in the corporate world, it's going to eat you alive and will leave you a soulless corpse of an employee, who'd rather just stay as a number that's replaceable when you die over having a full life and a self-worth to boot. |
|
|
|
This is what could be referred to in international politics as power tussle in terms of international levels of analysis. Haven such two conflicting countries like China and Russia coming together based on mutual economic interest against a common rival the USA is one that could be very frustrating for the US dollar with the unambiguous leverage and advantage the likes of Russia, China, Iran and Saudi Arabia have come together to give to the Chinese Yuan. With Russia in the forefront bent on the use of the Chinese Yuan instead of the US dollar in their country and in all of it's transactions and trades settlements with Latin America, Africa and Asia countries. https://www.wsj.com/articles/russia-turns-to-chinas-yuan-in-effort-to-ditch-the-dollar-a8111457
What does this new development make for the US economy and the US dollar in the coming days and years to come. Give your personal opinion on this development! Could have detrimental effects for sure, including the loss of trust for the USD within the circle of China and Russia, along with their political allies, as well as an economic effect considering this is one more country that's not using the global standard currency. In any case the change from USD to Yuan both have their political and economic reasons. Besides the barring of Swift to make transactions with Russia, as well as the ongoing tensions between Russia and the US-Allied Ukraine, there's also the fact that the USD is constantly bleeding due to hyperinflation, brought by the effects of the overprinting of money no thanks to COVID-19 and the belligerent leadership of Sleepy Joe. If all of this goes on we can say bye-bye to USD and the economy it has built within itself as we know it. |
|
|
|
Without need to look the studies and statistics, I think everyone know if the wealth gap between the poor and middle class with upper class are extremely far.
The poor and middle class aren't trying hard to become rich, because their mind are mostly want to earn a lot money via instant which actually impossible! majority of the people this group are spent their money to buy branded stuffs in order to get respected by many peoples. Do you know which one is selling the branded stuffs? it's the upper class!
The upper class already have a lot business, they're also make a lot money from stupid poor and middle class, so it make them can expand their business become bigger and bigger.
Not really. Let me tell you of a personal insight I was able to gather from starting as a poor kid, to a middle class, and to an upper class (I guess) person. First off, the mindset when you're poor isn't how to make money to make more money, it's to make money in order to make ends meet. Which is why people that employ lower classes could get away with paying them stupendously low fees. They are at the mercy of these people considering that the slightest sign of rebellion is going to leave their families' stomachs empty. When you become a middle class person, you've basically risen above the fear of losing finance for your basic needs, so now what you're looking for is to make more money in order to meet other needs. Adventure, luxury, other stuff that doesn't necessarily equate to being important but is definitely something that shines bright for a middle class individual. This is also the reason why they oftentimes find themselves losing their status, cause from all those spending, they didn't bother looking if whether they can save some of it in times of need, or to keep a consistent profit stream for when times get rough. They basically live in the "now" Finally, the rich. The rich doesn't bother over stuff that the poor and the middle class would normally wrack their brains over, they can do it anytime they want anyway, so they focus on the main thing that would enable them to do this things: Money. Rich people will be seen working for money, and making money work for them, they seldom go to adventures and trips, and makes sure that their main investment, the body and the mind, is in tip-top shape. This is why you'd see rich people ripped and eloquent and smart, they got there for a reason, and they are staying in their lane because they have the capabilities. Instant cash is something that both the poor and the middle class know is impossible, that's why they don't push for it. The rich knows it's improbable, so they make ways and do things that would allow them to do it. |
|
|
|
I'm asking out of curiosity, are you guys experiencing a surge of gambling ads on youtube videos lately? this past week I've experienced an increased encounter of gambling ads on videos I watch on youtube. it's not that it bothers me, I am just surprised because I don't remember getting this many gambling ads on youtube videos in the past, but this past week, I usually get a gambling ad from 2-3 out of 5 videos I watch(it's just an estimation because of how often I get the ads). I don't know if it is because I recently watched several videos of streamers gambling or it's just a coincidence, I've watched streamers gambling videos in the past but I have never gotten this many gambling ads.
These ads pop up in response to what you've been looking for on Google in the past few weeks. Something something about Google fetching your ad data and preferences which makes these gambling ads pop up, cause well, I reckon in the past few days you've been searching a lot of Gambling stuff. I had this in the past too, when I was looking for shoes, laptops, new phones, and all that. It's just the way the whole internet works now I guess. Of course you can solve this by using ad blockers, as well as disabling your ad preferences which will bring you back to seeing regular randomized ads. Reason why it's not happening in the past but has happened a little more often nowadays is because they doubled down in this feature, and YouTube also cracked down on ad blockers which may mean that they also made sure that these ad preference features are streamlined, yielding more targeted ads than usual. |
|
|
|
FOMO - Fear of missing out.
For me, it was actually this year. I actually looked for a $pepe coin around January, because of my love for Pepe Lore memes and couldn’t find anything. Now I missed out on a meme coin of a lifetime.
You did not get fomo'ed. In fact the opposite happened to you, you regretted not jumping in on a coin of a lifetime. But fret not, with things coming up there's a huge chance another meme coin that could be better than PEPE's gonna come around within our lifetime at least. Don't let this loss take over your mental. It's tremendously sad I know, I'm one of those who wished I could've cashed in no PEPE when I had the chance but I just missed it because life happens, and instead of succumbing to the sadness it brings I just focused on making sure that my portfolio's strong and intact you know. That's the very least you can do right now I think. Again, don't make a single mistake define your character, don't let a single missed opportunity ruin your chance at a better open door next time. Carry on with investing and be better everyday. |
|
|
|
I do not know how true that is, but without the news, we should know that you have no privacy if you opt-in for (that kind of) third-party backup. Keep your seed phrase offline as usual and never believe in anyone. Bitcoin should be used not in a way you have to trust anyone. Centralization is spreading wide and Bitcoin users are losing total control of funds and decentralized financing, at this point one needs to keep a close tap with your wallet to monitor what is happening because a lot is happening lately to both decentralized and centralized wallet storage and safety of funds.
There is nothing happening to bitcoin decentralization, it is still intact. Some people will only just not have the knowledge and fall for this kind of thing, just as some people prefer to store their coins on exchanges. Point taken. It's peer to peer, not trust your peers in the bitcoin industry. This only solidifies that notion. Now this means you literally can't have anyone get a hold of your bitcoins otherwise you risk losing them through hackings, and now through the government issuing a subpoena and therefore accessing your funds which I must say is a massive dick move. I'll stick to cold wallets that would never see the light of the internet except for rare occasions. Can never trust anyone anymore these days. It's still an opt-in feature but it's crazy that it might go enforced to everyone if they want to. This is crazy in all honesty. Few days ago, I came across a topic on this forum discussing that ledger now gives customers to option to store their wallet seed phrase through a cloud service within the wallet, several users, not just on this forum but also outside this forum, expressed deep concern as no one is sure any longer on the true privacy of the ledger hardware wallet..
I have been advocating to never store private keys and/or seeds to any cloud storage and services and even if it takes Ledger to make them trustworthy, I will still not keep my seeds there. The twist is that, it's not them that will keep the seeds but by a trusted third-party of theirs and that's even make it more scarier because even it is them that shall keep it, no way and I'll never entrust it to them. Everything starts as an opt-in feature, and then through the sheer pressure of the government or the userbase, they'll soon start implementing it as a mandatory feature. You can't make this up, this has been the staple in this industry. |
|
|
|
Snip~
So the bottom line is, invest what you can afford to lose in Bitcoin and other investments because the risk associated with investment is not only limited to Bitcoin alone but all other assets and investments. Let me tell you a real-life story, I have a friend from whom I received the same amount as payment for our overtime travel work sometime last year 2022, and when we wanted to invest the money, he optioned into real estate because he feel it more secure and profitable than bitcoin, but I used my whole allowance and travel payment to buy more bitcoin. At that time, the Bitcoin price was around 17k, but now, while my friend in real estate is waiting for tenants to rent his apartments, my own Bitcoin investment is already yielding of about 10 percent. Doesn't make his investment any worse. Real estate is a pretty solid and safe investment with a good amount of profit considering its risks. It's not gonna take that long and your friend will get tenants especially as we're having a massive housing crisis right now, but at the same time it's a little inopportune too since in some countries the housing bubble is already collapsing, with the pressure being put on the US as days pass by, and as more and more renters find themselves being exploited by their landowners. In any case, no matter the day or the period it's still a pretty good investment. Good for you for raking in profits as early as now but the connotation that you're trying to put out here, as if to say that bitcoin's better than real estate is a little stupid in my opinion. |
|
|
|
|
In order for a bull run to extend for a longer period of time, it has to be sustainable. Sustainable in the sense that there has to be good reasons for it to keep coming. Let's take the 2020-2021 bull run. At first it was mere shill, most people don't even think great of it until the coin bounced back and continued to increase in value over a longer period of time, not only because of the shill but because along with the increased perceived value and demand, people also saw fit to actually introduce stuff that we've never seen before. NFTs, Metaverse, more projects that have profits by the millions, this kept the bull run alive until that God-forsaken Do Kwon fucked things up and jump-started the greatest series of unfortunate events in the history of crypto.
So, I'll throw the question back at ya, do you think the halving this year's gonna be enough to power this "extended bull run" you so wish?
|
|
|
|
Time passes, and we have nothing to look forward to. We watch our lives pass, and the only thing we're looking forward to is the weekend or 20 days per year of paid time off. We're working a whole year, from 9 to 5 and sometimes even more, at someone else's business just to have an approximate of 20 days of vacation and two days off per week, with many of us having one or even none per week. Is it just me, or does this life sound completely depressing to me? Our ambitions are completely crushed by such a daily routine; our days off are mostly to get things done around the house and to rest. By the time that happens, the day has passed, and we have to go to work again.
At least where I'm at, having two days off per week is considered extremely lucky and privileged, especially if it's two days in a row. Personally, I only had one day off per week, and it honestly wasn't enough. On the one hand, I wanted to get things done around the house and rest, but on the other hand, I didn't want to stay inside doing practically nothing to enjoy myself. Thus, the single day off wasn't even close to being enough. Certainly, I'd be better off with two consecutive days off, but still, is that how you want your life to be for the next 10–20 years, or even more?
On the one hand, I don't want to complain; through the last few years of working, I've been on vacation four times, from 2020 to 2022, which isn't bad at all. On the other hand, I'd like to constantly travel and explore new destinations, the majority of which we'll never experience through this way of life.
Do you believe that there's a true way to escape this vicious cycle, or are we doomed to live like this forever? Telling me that my minor savings in Bitcoin are going to settle me for the rest of my life isn't going to cut it, because the majority of us won't ever have enough Bitcoin to retire.
Are you satisfied with this way of life, or would you prefer to live a different way? What would you like to change and how? Personally, I'm clueless and not satisfied with the idea of spending the rest of my life like this.
Of course that's something that the people of today are yearning for. We wanna live out the times just like what our grandpas and grandmas experienced back then. But the ugly truth about it is that this is nigh-impossible in the current state of things. It's really hard considering the fact that most things right now are more expensive. And the wages back then are not just livable, but outright something that you could stand to save a portion with. As of now, you'd be lucky to see people that are not taking two jobs just to make ends meet. Does it mean that these people are lazy or slacking off away from their success? Fuck no. It's more about the current state of things that discourages us from having any fun and forces us to live paycheck to paycheck, weekend to weekend. This is exceptionally visible and apparent in third world countries. |
|
|
|
|
Show Posts
