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961  Economy / Economics / Re: Maybe Not Possible For Governments To Get Off Fiat?? on: April 17, 2023, 08:14:04 PM
The government will never replace fiat currency that they released and have full control by any decentralized currency.  One major reason is the control factor.  We all know that the government always wanted to have authority over their jurisdiction and replacing fiat currency by Bitcoin will go against their authority.

Never say never. In Europe many countries replaced their native currencies with the Euro, which they had no control over. They gave up the control over the currency to the EU.

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Just look at how these governments trying to control decentralized cryptocurrency, they implement all kinds of regulation under the guise of anti-money laundering and make KYC on  centralized financial services mandatory.  They do this to make sure that they can have someone to collect and hand them personal data of people if they need it.

Don't mix things up. KYC has very little to do with control. It's a data gathering tool.
No crypto users have to undergo KYC. For now it's still your choice if you want it or not and even if you choose to do it, nobody is taking away your bitcoin... yet.
It's possible for governments to ditch fiat money. Money printing is not a requirement for a stable economy. It's just that old habits die hard.
962  Economy / Speculation / Re: Correction from $30K: Reason to worry? on: April 17, 2023, 08:02:46 PM
Don't look for specific price in USD but see how big the change was. How much did we really lose from yesterday? 3%? That's nothing when we compare it to a normal price action of bitcoin.
Bitcoin is known for experiencing daily price action of +/- 5% and this usually happens at least twice a month, which if you look at the charts is exactly what's been going on for years.

In March we had a correction from 28,7k to 26,6k, this time it's 30,3 to 29k (so far)so this is a much smaller drop than 3 weeks ago. If you weren't worried then, why make threads about it now?


963  Economy / Gambling discussion / Re: Are lotteries really a good way to engage with gamblers? on: April 14, 2023, 07:36:55 PM
-Do you personally take part in lotteries by online casinos?
-Do you track the progress and results of such campaigns?
-If so, are there any changes you would offer to make lotteries more exciting?

I never take part in lotteries. Free raffles, sure, but lotteries - nope. When you gamble the odds are usually not in your favor, but when you play the lottery it's these negative odds times a thousand.
For me the only thing that would make them more exciting would be much higher chance of getting anything, but then why would I choose to play it if there's slots and dice that allow you to choose both the stake and the odds?

From my experience it's the poor people who play lotteries all the time. I know a guy who's a poor drunkard who's always wasted and prefers a bottle to a decent meal at the same price. He always plays the lottery and when he wins something he spends it on vodka and more lottery tickets.
964  Economy / Gambling discussion / Re: How much these features weigh most when you choose your favorite casino? on: April 14, 2023, 06:06:43 PM
I'm amazed that so many people put casino's own token this high.
Is creating another shitcoin by every casino so important to you guys? Don't we have enough of these shitcoins circulating around? Who has time to track them all and look for exchanges that accept them.
At the same time many people, including OP, place very little importance on no KYC.

I won't post the whole table so that it doesn't make the post longer than needed, but for me the most important is the Community/reputation, no KYC is the second most important and instant deposits/payments the third. Reputation and deposits show that the business is fair and healthy, while no KYC shows it values the privacy of its users.
Tokens, payment methods... these things are not important at all.

965  Economy / Gambling discussion / Re: Tilt in gambling on: April 14, 2023, 05:05:07 PM
I haven't experienced it in gambling because I set myself goals that I actually can achieve and if it fails I'm ready for it. Before the game I assess my funds, tell myself how much I can spend without regret and consider these funds lost. That's all it takes for me to remain calm.

I have experienced tilt though when playing online games, usually over things that I can't predict and that catch me off guard. For instance, when I played Dota, I considered myself good at the game. Not a pro level player, but above average, so when I started playing it was to win, not lose. Then there are random things like someone from your team dies and leaves the game and you have to play 4v5, or someone get tilted early and feeds the other team. Things like that make me want to punch someone, so I know what tilt is, but I keep it under control most of the time. 
966  Bitcoin / Bitcoin Discussion / Re: Warren Buffett Blasts Bitcoin as 'Gambling Token' as BTC Surges 35% in 30 Days on: April 14, 2023, 04:48:19 PM
if I could talk face to face with uncle buffet then I would explain in more detail to him about the strong reasons why I fully support bitcoin and never thought bitcoin was a tool for me to get rich quickly (from his words that I caught, Warren thought everyone who was in bitcoin just wanted to get rich quick so he thought bitcoin was not much different from gambling tokens).

You'd have to pay him a million dollars to talk to him. The man values his time, he only talks to himself, his servants and Charlie for free. If you have something to say to him, you have to pay, and he still won't listen to you, just let you do the talking and pretend he can hear you without his hearing aid Cheesy

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he supports fiat and fiat is something that can be printed at any time according to political interests, while bitcoin has a limited amount and no one can interfere with it (I wonder what his response was when he heard these words).

He supports fiat because most of his money is fiat. He has stocks, properties and fiat money. Talking to him is like going to a guy who ate meat all his life and try to explain him that he's being cruel to animals and should switch to soy meat, or trying to convert a Muslim into Christianity, or the other way round.
967  Bitcoin / Bitcoin Discussion / Re: Bitcoin is racist on: April 14, 2023, 04:36:21 PM
This means that if you decide to invest in a business like metal detecting or hunting and you lose money doing it, it's the fault of the investment. It's the inanimate object that is at fault, not you.

Do you hear what these guy is saying? If you choose to buy bitcoin and then sell it cheap, losing money in the process, it's the fault of bitcoin, not you.
Makes me want to go to that guy's office and ask him in front of a camera: If I get a gun and shoot someone, is it my fault, or gun's fault? Who is responsible? What kind of world do we live in?
What does it change whether I'm a member of minority or not? Should we maybe give people back the money they lose investing in stocks because they're "vulnerable minorities"?

This dude is delusional! How can 2 investors be treated differently just because of race? If there's such distinction, maybe the SEC should create a fund that will cover their losses? I have a better idea! Maybe the FED should stop trying to make people lose jobs and make them lose 6% of their savings a year, because that's what devastates poor minorities, not their occasional crypto investments.
968  Economy / Gambling discussion / Re: do you lose on slots? on: April 13, 2023, 08:15:21 PM
Choose your game wisely. Slots can be entertaining, but it's important to understand that in the long run, you'll never consistently win at this game. It's better to gamble for fun alone, so you can limit your losses. I also play this game, but I don't typically bet big compared to other forms of gambling, such as sports betting and poker.

Most slots are built to keep you hooked up for hours playing and it works. I like some of the interactive ones where you can shoot instead of spinning and there's multiple themes and music throughout the play depending on what you do. I haven't managed to win anything playing slots ever. I mean there are some small wins but they bring me an hour back in my struggle, then I come back, play for an hour and sometimes get back to the start line again. Best case scenario I end my entertainment with 10% more money that I started with but it's usually just a few dollars worth of money.
969  Bitcoin / Bitcoin Discussion / Re: What does it take to become a Bitcoin investor on: April 13, 2023, 08:00:54 PM
To become a Bitcoin investor, the only condition I can see is to accumulate at least 1 Satoshi. This is a unit of Bitcoin, and owning it qualifies you as a Bitcoin investor. You don't have to buy a whole Bitcoin to be considered an investor; just buy whatever you can afford. However, it's important to use a non-custodial wallet to secure your holdings. Before investing, it's also crucial to educate yourself more about Bitcoin.

It's going to be so expensive and troublesome to buy one satoshi  that you might go with the flow and buy at least a restaurant meal worth of bitcoin. The fees to send 1 satoshi anywhere are much higher than the value of the "investment" and you can't and probably won't be able to buy anything for such a low amount of money.
Maybe technically someone owning 1 satoshi is a bitcoin investor, but you should at the very least aim at owning a spendable amount, like a worth of a cup of coffee, or a sandwich.
I'm saying this because if you own one cent, you're technically a holder of US dollars, but you can't buy anything with that, it's worthless.
970  Other / Politics & Society / Re: Anti-vaxxers not drinking their own urine on: April 13, 2023, 07:47:41 PM
This doesn't change the facts of COVID.

The problem is there are multiple sources for these facts and depending on who you listen to the facts will be different. One fact that in general remains the same everywhere is that covid exists and that's where it ends. There are multiple possible origins of covid, for instance some people still believe a mutated bat flew into the Wuhan market, despite Wuhan Coronavirus Lab being just around the corner. It wasn't the origin of the coronavirus and nothing escaped from there because they have top notch filtration systems Grin

Some doctors say covid vaccines work and don't cause problems, some say they don't work and cause problems, some say they work, but cause problems.
From my experience, they work but for a short time. I have a friend who had 3 doses and was sick twice. Once before he got the first dose and about 6 months after taking the last dose.
I did not take a single dose and and felt great if not counting that one time in the beginning of the pandemic in 2020 when I got sick and gained natural immunity.

My father also took 3 doses and got sick a few months later, so if they ever try to shove a covid vaccine down my throat, like they did in Austria, I'll fight them. Guess that makes me an anti vaxxer.

971  Other / Beginners & Help / Re: Why did you chose bitcoin? on: April 12, 2023, 07:56:06 PM
When you ask me why do I trust it, I'll ask you why shouldn't I? When you're investing your time and money into something and that thing keeps giving back every time, you get used to it and attached. You treat it like something familiar to you, a part of your life. At this time, if bitcoin went to a million dollars I still wouldn't get rid of it. I know I'm going to be a holder as long as bitcoin exists. It gives so much benefits and security that even if I spend some of it, it's never going to be all of it.
972  Economy / Trading Discussion / Re: What happens If Binance Exchange Flee Away like FTX on: April 12, 2023, 07:42:03 PM
Common thing happen if there's reputable exchange will collapsed is the price of crypto will also dump since they use this to fud people and create situation where people can panic about their beliefs to hold.

But if the same case with FTX like exit scheme will happen to binance then provably this fud is bigger than we can expect. This is a top exchange and for sure major dumping will happen and people will start to rush selling more their asset. After that incident I don't know which of those exchange we can trust back again knowing even huge exchange collapsed and how much more to smaller ones where they are capable to do the same actions.

If you really have "beliefs to hold" you won't panic easily. At least that's how I see it. You're either a holder or not. If you keep your money on exchange waiting and if a big move up happens you sell, and a big panic you also sell, you're not a holder.

If they go down the price will go down with them but bitcoin will survive like it survived Mt.Gox.
Binance is the biggest bitcoin exchange but it's doing less than 10% of global trades while Gox was doing 70%!

If we survived a fall of such big exchange Binance is not going to do anything to us, especially if we hold coins by ourselves instead of allowing others to do it for us.

True. We'll experience panic and price crash, but we will recover. After all if they escape with stolen bitcoin they won't be able to use it without raising suspicions and we all know how successful laundering is by how they caught that pair laundering the coins stolen from bitfinex.
973  Economy / Gambling discussion / Re: Jake Paul Vs Nate Diaz boxing Aug 5th on Dazn PPV on: April 12, 2023, 07:31:20 PM

Since Jake lost against Fury, I'm somehow convinced he really is real and not actually buying the fighters for him to win. But no Tommy rematch when he wanted it after that fight. He is back to beating retired MMA fighters. It's time to make money again for Jake.

Although Nate is 37, the age did make him just lie down. He got the chance to make it in another combat sport.

Nate is good, but he was losing vs McGregor when they were boxing in MMA fights. Usually Diaz was all bloody after that and had to go for the takedown to gain advantage, so he's not a top notch boxer.
Also, he was getting hit by someone who's much shorter than him and Jake is even a bit taller so there won't be any height advantage.
Maybe Jake should try fighting Connor? Cheesy

I don't know who I'd bet on here. Don't like Jake much but Nate wasn't ever a great boxer.
974  Other / Politics & Society / Re: Cryptocurrency censorship on: April 11, 2023, 09:14:37 PM
This is why every time anyone reasonable interacts with a boomer, the boomer always comes off as very nasty and unpleasant. The people raised by boomers are also incredibly unpleasant. Now that the coronavirus pandemic has passed, people in general have been getting nastier and nastier. Now, it is nearly impossible for me to have a decent conversation with anyone.

That means children of people who grew up in the 70s. This means our generation. The people who were born in the 80s and 90s and raised by boomers. I hope you realize that at least half of this forum falls into this category. I wasn't raised by boomers, because my parents are much older (born in the early 50s), but I'm friends with a lot of people raised by boomers and the majority of them can't find common ground with their parents when it comes to jobs, earning money, work stability and investing. I wouldn't call them unpleasant though.
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I just talked to the people at the office, and they were unwilling to give me any information about any of the rules for posting things on the bulletin board. They were instead exceedingly rude and hostile. Maybe they hate me because I posted the message twice on 3 by 5 cards just to make sure that they did not take the message down by mistake. I then posted a third message simply saying END CENSORSHIP. I will not be posting anything else on the bulletin board, but I will be letting all the neighbors know that this is not alright. And I really need to get out of Florida.

Regards,

-Joseph Van Name Ph.D.

Unfortunately, due to low demand, you cannot find Circcash on any exchanges at the moment (since people refuse to understand that reversible computing is actually important and Circcash can help with reversible computing). You can just go to circcashcore.org/downloads to download and mine Circcash on your CPU.

It looks like you weren't willing to pay the listing fee. Some exchanges will list any shitcoin as long as you can cough up the fee.
When it comes to the board, maybe just change the apartment instead of moving out of state.
975  Economy / Speculation / Re: 30k Bitch!!! on: April 11, 2023, 08:56:33 PM
I’m surprised that the price went through $30K and has been holding above it without a good sized pullback. That leads me to believe this rally still has legs. Somebody out there is snapping up all the BTC and just keeps buying. I do feel like we may see a pause at this level for a while to allow for some accumulation before the next leg up.

well cpi is out this week.

next fed jump is may 1-3

if we do a 0.25 again I am thinking it helps btc a lot.

Maybe 40k by may

It would be great if we could keep this trend going. Usually the early period is choppy. When we go from bear to bull there's still a lot of early birds who want to get some cash just in case this is a fakeout. I don't think it is, but market psychology can create some unpredictable panic moves, 2019 rally being a good example.

The longer we continue, the more people will change their attitudes. Probably if we went to 50k there wouldn't be any "it's a fakeout" guys left and we'd instantly test 60k. All those naysayers who were waiting for 10k bitcoin would finally go all in. Hey, if you can't buy cheap bitcoin, buy expensive one. Tongue
976  Bitcoin / Bitcoin Discussion / Re: are you a long time hodler? on: April 11, 2023, 08:43:52 PM
Yes, I'm a long time hodler. I started buying in 2015 and continued in every bear market. I was buying in 2018 and 2019 and again last year, although I thought we wouldn't go below 20k, so I was mostly out of fiat money when we were at 18k. The plan is to spend a bit when we go into a full bull market, so that I have some money to go through another bearish year and have some money to get more bitcoin from panicking weak hands.

From my experience, most people start as traders and altcoin investors and after 1 or 2 full cycles of bitcoin turn into bitcoin hodlers. You have to go through all that craziness of altcoins to really appreciate bitcoin.
977  Bitcoin / Bitcoin Discussion / Re: Can you consider yourself as a risk taker if you buy bitcoin? on: April 09, 2023, 08:47:22 PM
Not at all. I don't think that I'm taking any risk by holding bitcoin.

In my case the answer is straightforward because I got a lot of BTC in 2015 and 2016 so bitcoin would have to be sub 1k for the investment to be unprofitable. I don't think that it's ever going to happen, so the risk does not exist anymore. If I bought it this year, I'd still be rather confident. There's no way bitcoin is going to be worth less than 2k USD after the halving, while your fiat money is going to be worth between 5 and 20% less next year, depending on your inflation rate. Probably 50% less if you live in Turkey and id you're in Venezuela, you can wipe your ass with it.
978  Other / Politics & Society / Re: Russian Invasion of Ukraine[In Progress] on: April 09, 2023, 08:36:26 PM
What would you prefer, be the loader of a T-60 in a group of 5 tanks or the gunner of a single Abrams facing them? What if this happens at night?

The loader of a t-60 is in a hot seat Cheesy


(...)both Ukraine and Russia are brothers, just in arms. Russia is simply trying to survive hostile NATO policies.

I don't think they're brothers anymore. Not after all the atrocities committed by Russians on the Ukrainian soil. It's one thing to invade, but another to shoot fleeing civilians, rape women and children, bomb train stations full of refugees and so on. There's not going to be any love between these countries for decades.
979  Other / Beginners & Help / Re: Btc mining or staking crypto? on: April 07, 2023, 05:26:42 PM
If you're interested in investing, just buy bitcoin. It's the simplest and the fastest way to get coins. Mining and staking will both give you bit by bit. You'll have to invest a lot of money at first, but you'll be getting very little each month, less than 1% of your investment. Are you ready to endure something like that?
If we're talking mining versus staking the main difference is bitcoin can only be mined, so by choosing staking you're choosing to invest in altcoins, not bitcoin. I wouldn't recommend that to a new user. First and foremost, get bitcoin. Think about altcoins once you own the best cryptocurrency out there. Why buy something that can be deemed a security when you can own a commodity?
980  Economy / Gambling / Re: Bidcent: Decentrallized, safe and uncheatable multiplayer financial battle arena on: April 07, 2023, 05:01:59 PM
Basing up on the game concept then it would really be real battle on how deep is your pockets which means and i do agree that it is really that prone to manipulation on someone who does have that deep pocket.

Resetting the time to zero whenever there's a deposit then it would be a long time battle or making out that piling up the amount.Its true that this isnt the first time we do see this kind of idea on which
its true that most or all of them died along the way because they didnt really get any players on playing or making out that bet because they do really know on what are the tendencies or chances
that  they can really be manipulated and ending up on non-fair way result which we dont really like for it to happen.

It's also a battle of endurance. It says the game counter is 600 seconds, so 10 minutes for each new bid. Let's say your pockets are deep on both sides and you keep bidding, after 10 hours or so you'll both be exhausted. If one of you has an emergency at home, loses Internet connection, falls asleep, they lose. The bigger the stakes the more you'll have to lose and the more you'll be waiting for the last second to see if the opponent outbids you.
This could potentially escalate to something like a battle for a 1BTC stake where you both don't sleep for days not to give away that money, and at some point one of you gets a power outage and it's all over.
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